NewzIntel.com

Category: Asia

  • MIL-OSI Asia-Pac: Taiwan FDI Statistics Summary Analysis (May 2025)

    Source: Republic of China Taiwan

    According to the statistics, 819 foreign direct investment (FDI) projects with a total amount of US$5,482,475,000 were approved from January to May 2024. This indicates a decrease of 9.8% in the number of cases, but an increase of 76.64% in FDI amount compared to the same period of 2024.

    With regard to inward investment from Mainland China, 8 cases were approved with an amount of US$96,616,000 from January to May 2025. This indicates a decrease of 50% in the number of cases, but an increase of 515.9% in the FDI amount compared to the same period of 2024.

    In terms of Taiwan’s outbound investment (excluding Mainland China), 335 projects were registered from January to May 2025 with a total amount of US$15,222,183,000, indicating an increase of 10.93% in the number of cases, and an increase of 13.82% in the amount, as compared to the same period of 2024.

    As for Taiwan’s outward investment to Mainland China, 75 applications have been approved from January to May 2025, indicating a decrease of 40% compared to the same period of 2024. The approved investment amount is US$458,348,000, 63.93% less than the same period in 2024.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Int’l volleyball event gets ‘M’ Mark

    Source: Hong Kong Information Services

    The Major Sports Events Committee today announced that it has awarded “M” Mark status to the Volleyball Nations League (VNL) Hong Kong 2025 presented by China Life (Overseas) to be held from Wednesday to Sunday.

    Major Sports Events Committee Chairman Wilfred Ng said the competition has moved to Kai Tak Arena and will be the first international volleyball event held at Kai Tak Sports Park.

    “The VNL Hong Kong features elite teams from around the world. It not only promotes the development of volleyball in Hong Kong but also attracts overseas visitors to come to Hong Kong and stimulates the development of the hospitality, retail, and catering sectors, thereby further solidifying Hong Kong’s status as a centre for major international sports events.”

    MIL OSI Asia Pacific News –

  • Nvidia’s pitch for sovereign AI resonates with EU leaders

    Source: Government of India

    Source: Government of India (4)

    Nvidia NVDA.O CEO Jensen Huang has been pitching the idea of “sovereign AI” since 2023. Europe is now starting to listen and act.

    The concept is based on the idea that the language, knowledge, history and culture of each region are different, and every nation needs to develop and own its AI.

    Last week, the CEO of the artificial-intelligence chipmaker toured Europe’s major capitals – London, Paris and Berlin – announcing a slew of projects and partnerships, while highlighting the lack of AI infrastructure in the region.

    In a place where leaders are increasingly wary of the continent’s dependency on a handful of U.S. tech companies and after drawing ire from the U.S. President Donald Trump, his vision has started to gain traction.

    “We are going to invest billions in here … but Europe needs to move into AI quickly,” Huang said on Wednesday in Paris.

    On Monday of last week, British Prime Minister Keir Starmer announced 1 billion pounds ($1.35 billion) in funding to scale up computing power in a global race “to be an AI maker and not an AI taker.”

    French President Emmanuel Macron called building AI infrastructure “our fight for sovereignty” at VivaTech, one of the largest global tech conferences.

    After Nvidia laid out plans to build an AI cloud platform in Germany with Deutsche Telekom DTEGn.DE, German Chancellor Friedrich Merz called it an “important step” for the digital sovereignty and economic future of Europe’s top economy.

    Europe lags behind both the U.S. and China as its cloud infrastructure is mostly run by Microsoft MSFT.O, Amazon AMZN.O and Alphabet’s GOOGL.O Google, and it has only a few smaller AI companies such as Mistral to rival the U.S. ones.

    “There’s no reason why Europe shouldn’t have tech champions,” said 31-year-old Mistral CEO Arthur Mensch, sitting beside Huang, who has led Nvidia for more than three decades, at a panel at VivaTech.

    “This is a gigantic dream.”

    GIGAFACTORY PLANS UNLEASHED

    In France, Mistral has partnered with Nvidia to build a data centre to power the AI needs of European companies with a homegrown alternative.

    It will use 18,000 of the latest Nvidia AI chips in the first phase, with plans to expand across multiple sites in 2026.

    In February, the European Union announced plans to build four “AI gigafactories” at a cost of $20 billion to lower dependence on U.S. firms.

    The European Commission has been in touch with Huang and he had told the EU executive that he was going to allocate some chip production to Europe for these factories, an EU official told Reuters.

    Nvidia’s chips known as Graphics Processing Units or GPUs are crucial for building AI data centres from the U.S. to Japan and India to the Middle East.

    In Europe, a push for sovereign AI could reshape the tech landscape with domestic cloud providers, AI startups, and chipmakers standing to gain from new government funding and a shift toward in-region data infrastructure.

    Nvidia also wants to cement demand for its AI chips, ensuring that even as countries seek independence, they still rely on its technology to get there.

    POWER COSTS

    The push is not without challenges.

    High electricity costs and rising demand could strain sourcing of electricity for data centres. Data centres account for 3% of EU electricity demand, but their consumption is expected to increase rapidly this decade due to AI.

    Mistral, which has raised just over $1 billion, is trying to become a European homegrown champion with a fraction of the money U.S. hyperscalers or large data-centre operators spend in a month.

    “Hyperscalers are spending $10 billion to $15 billion per quarter in their infrastructure. Who in Europe can afford that exactly?” said Pascal Brier, chief innovation officer at Capgemini CAPP.PA, a partner of both Nvidia and Mistral.

    “It doesn’t mean we shouldn’t do anything, but we have to be cognizant about the fact that there will always be a gap.”

    Mistral has launched several AI models which are used by businesses but companies tend to mix them with models from other companies such as OpenAI, Anthropic and Meta Platforms META.O.

    “Most of the time it’s not Mistral or the rest, it’s Mistral and the rest,” Brier said.

    (Reuters)

  • World Test Championship format needs revamping despite riveting final

    Source: Government of India

    Source: Government of India (4)

    A riveting World Test Championship final between Australia and South Africa went a long way to boost the sagging credentials of the five-day game, but the format of the competition is in need of a revamp, according to many of the game’s top observers.

    South Africa beat Australia by five wickets at lunch on the fourth day of a fluctuating contest at Lord’s in which the bowlers dominated the opening two days. A total of 24 wickets were taken, but the tables were turned as wickets turned benign and the batsmen changed the course of the match.

    It was classic test cricket, as good as the excitement from any limited overs contest, but the overall WTC is a bewildering competition, devoid of uniformity and an unbalanced points system.

    There was much criticism of how South Africa managed to reach the final without playing either Australia and England in the two-year qualifying period.

    “It’s very hard for the average cricket fan to understand who’s the best team in the world and how exactly the top two teams make it to the final,” said former England captain Michael Vaughan, now a television pundit.

    The two finalists are decided by a table of test results, with points awarded for wins and draws. The pair with the highest percentage of points available to them advance to the final, which in 2027 could again be at Lord’s or in India, according to International Cricket Council officials.

    But there was a major discrepancy in South Africa playing only 12 tests compared to 19 for Australia and India, and even more by England (22).

    “I can’t remember if I’ve ever even given any real time to be specifically thinking about the World Test Championship to be honest because it’s utterly confusing,” added England captain Ben Stokes.

    Countries are free to decide how many tests they want to play, and in South Africa’s case, there is much less of an appetite for test cricket because they lose money.

    In the next cycle, which starts on Tuesday when Bangladesh begin a two-test series in Sri Lanka, the new champions will play 14 tests, this time including three test series against each of Australia and England but only two against India.

    Five test series are now only the preserve of contests between Australia, England, and India.
    “The fixture list is uneven; not everyone plays everyone else, and some have an easier ride than others,” wrote Michael Atherton last week.

    “Everyone knows the WTC in its present guise is flawed, and that solutions, with so many competing interests, are fiendishly difficult,” added the former England skipper.

    (Reuters)

  • MIL-OSI United Nations: 16 June 2025 Departmental update WHO launches Global Research Agenda on Knowledge Translation and Evidence-informed Policy-making

    Source: World Health Organisation

    On 15 May 2025, the World Health Organization (WHO) launched the Global Research Agenda on Knowledge Translation and Evidence-informed Policy-making. The virtual event brought together over 800 participants from 100 countries, highlighting global commitment to strengthening the use of evidence in health policy and systems decision-making.

    The webinar included expert contributions on strategies for operationalizing the agenda across diverse contexts:

    • The webinar featured a keynote address by Jeremy Farrar, Chief Scientist at WHO, who emphasized the importance of embedding research into policymaking processes. Farrar stated, “I can only see [Knowledge Translation] as becoming more central and more critical to WHO’s function, not just in the role as Chief Scientist, but because this is something I have so passionately believed in and supporting of the team that have driven this forward, and I will continue that.”
    • The event also included a panel discussion with distinguished speakers who shared their insights on implementing the Global Research Agenda. Tikki Pang, Visiting Professor at the National University of Singapore, highlighted the role of Asian philanthropy in supporting research initiatives. Pang noted, “I think the funding stream that’s looking promising […] is the potential role of Asian philanthropies, […] especially through an organization called the APC, the Asian Philanthropy Circle. And what they try to do is to link researchers with potential funders amongst Asia’s leading philanthropies.”
    • Angela Bednarek, Director of Scientific Advancement at the Pew Charitable Trust, underscored the significance of investing sustainably in research that informs policy and practice. Bednarek remarked, “I’m hopeful that with a really comprehensive and accessible agenda like this one we’ll see even more funders recognize these as valuable areas of investment […]. For those seeking funding, I encourage embracing unusual partnerships. These questions transcend geography and issue areas.”
    • Walid Ammar, Director at the Université St Joseph in Lebanon and former Director General of the Lebanese Ministry of Public Health, discussed the need for active engagement of stakeholders in adapting the Global Research Agenda to regional contexts. Ammar stated, “A critical first step in adapting the Global Research Agenda to regional and national context would be the active engagement of research institutions, government bodies and other relevant stakeholders in the adaptation process.”
    • Rose Oronje, Director of Public Policy and Knowledge Translation at the African Institute for Development Policy, stressed the importance of involving groups already engaged in knowledge translation. Oronje stated, “An important part is bringing on board groups that are already very much involved in knowledge translation, […] groups that would steer the contextualization of this global agenda to the region.”
    • Donald Simeon, Director of the Caribbean Centre for Health Systems Research and Development, emphasized the importance of widespread acceptance and buy-in from regional stakeholders. Simeon commented, “The first step must be to ensure that there is widespread acceptance of the agenda among national and regional stakeholders, that is, they must be convinced of the value of the agenda before there is really true buy-in.”
    • Kathryn Oliver, Professor of Evidence and Policy at the London School of Hygiene and Tropical Medicine, highlighted the need to share existing knowledge and lessons learned. Oliver remarked, “Although we have identified a number of evidence gaps through this research, we know a huge amount already, and one of the key lessons for researchers in this field is, we need to learn better how to share the lessons that we have already generated.”

    During the event, the Special Programme for Research and Training in Tropical Diseases (TDR) announced a call for research proposals aligned with the Global Research Agenda.

    The call targets researchers from low- and middle-income countries working in public health institutions under ministries of health, universities, research institutes or nongovernmental organizations. Applications are open via the eTDR platform until 3 July 2025. Selected projects will receive phased funding beginning in 2025, with completion expected by January 2027.

    WHO encourages all stakeholders to align national and regional research agendas with the Global Research Agenda and to foster collaboration across sectors. This alignment aims to enhance the efficiency and relevance of health research and reduce duplication and research waste.

    Further information, including the webinar recording and related resources, is available on the Global Research Agenda website.

    MIL OSI United Nations News –

  • MIL-OSI: 21Shares Expands Nasdaq Stockholm Offering with Five New Crypto ETP Listings

    Source: GlobeNewswire (MIL-OSI)

    New listings reflect growing demand for regulated crypto investment products in the Nordic region

    Zurich, 16 June 2025 – 21Shares AG, one of the world’s largest issuers of cryptocurrency exchange-traded products (ETPs), today announced the crosslisting of five additional products on Nasdaq Stockholm, further solidifying its presence in the Nordic region and reinforcing its commitment to providing investors with regulated, transparent, and simple access to digital assets.

    The newly listed products include:

    • 21Shares Uniswap ETP (Ticker: AUNI)
    • 21Shares Avalanche ETP (Ticker: AVAX)
    • 21Shares Bitcoin Gold ETP (Ticker: BOLD)
    • 21Shares Solana Core Staking ETP (Ticker: CSOL)
    • 21Shares Ethereum Core ETP (Ticker: ETHC)

    These products join an existing suite of 21Shares products already available on Nasdaq Stockholm: the 21Shares Bitcoin ETP (ABTC), 21Shares Ethereum ETP (AETH), 21Shares Solana ETP (ASOL), 21Shares XRP ETP (AXRP), and 21Shares Bitcoin Core ETP (CBTC).

    “Our continued expansion in the Nordic region reflects the increasing demand from both retail and institutional investors for diversified and cost-effective crypto exposure,” said Mandy Chiu, Head of Financial Product Development at 21Shares. “By offering a broader selection of single-asset and thematic crypto ETPs, we’re empowering investors to build more customised and resilient portfolios through a familiar exchange environment.”

    “We are pleased to welcome the expansion of 21Shares’ product suite on Nasdaq Stockholm. These newly listed ETPs reflect the kind of innovation that is shaping the future of financial markets. As the ETP market continues to grow, we remain committed to modernising access to investment opportunities and supporting greater transparency,” said Helena Wedin, Head of ETF & ETP, Nasdaq European Markets.

    With this expansion, 21Shares now offers 10 ETPs on Nasdaq Stockholm, spanning large-cap cryptocurrencies, innovative index strategies, and staking-enabled products. All products are fully collateralised and traded in a regulated, liquid format, providing an easy gateway to digital assets without the need to manage wallets or custody directly. With annual fees ranging from 0.21% to 2.50%, these products are some of the most cost-efficient in the market.

    With listings across Europe that include Euronext Paris, Euronext Amsterdam, London Stock Exchange, and SIX Swiss Exchange, 21Shares is the largest and most diversified crypto ETP provider in the region.

    For more information on 21Shares’ full product suite, visit www.21shares.com.

    Notes to editors

    About 21Shares

    21Shares is one of the world’s leading cryptocurrency exchange traded product providers and offers the largest suite of crypto ETPs in the market. The company was founded to make cryptocurrency more accessible to investors, and to bridge the gap between traditional finance and decentralized finance. 21Shares listed the world’s first physically-backed crypto ETP in 2018, building a seven-year track record of creating crypto exchange-traded funds that are listed on some of the biggest, most liquid securities exchanges globally. Backed by a specialized research team, proprietary technology, and deep capital markets expertise, 21Shares delivers innovative, simple and cost-efficient investment solutions.

    21Shares is a member of 21.co, a global leader in decentralized finance. For more information, please visit www.21Shares.com.

    Media Contact
    Matteo Valli
    matteo.valli@21shares.com

    DISCLAIMER

    This document is not an offer to sell or a solicitation of an offer to buy or subscribe for securities of 21Shares AG in any jurisdiction. Neither this document nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever or for any other purpose in any jurisdiction. Nothing in this document should be considered investment advice.

    This document and the information contained herein are not for distribution in or into (directly or indirectly) the United States, Canada, Australia or Japan or any other jurisdiction in which the distribution or release would be unlawful.

    This document does not constitute an offer of securities for sale in or into the United States, Canada, Australia or Japan. The securities of 21Shares AG to which these materials relate have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will not be a public offering of securities in the United States. Neither the US Securities and Exchange Commission nor any securities regulatory authority of any state or other jurisdiction of the United States has approved or disapproved of an investment in the securities or passed on the accuracy or adequacy of the contents of this presentation. Any representation to the contrary is a criminal offence in the United States.

    Within the United Kingdom, this document is only being distributed to and is only directed at: (i) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); or (ii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “relevant persons”); or (iii) persons who fall within Article 43(2) of the Order, including existing members and creditors of the Company or (iv) any other persons to whom this document can be lawfully distributed in circumstances where section 21(1) of the FSMA does not apply. The securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

    Exclusively for potential investors in any EEA Member State that has implemented the Prospectus Regulation (EU) 2017/1129 the Issuer’s Base Prospectus (EU) is made available on the Issuer’s website under www.21Shares.com.

    The approval of the Issuer’s Base Prospectus (EU) should not be understood as an endorsement by the SFSA of the securities offered or admitted to trading on a regulated market. Eligible potential investors should read the Issuer’s Base Prospectus (EU) and the relevant Final Terms before making an investment decision in order to understand the potential risks associated with the decision to invest in the securities. You are about to purchase a product that is not simple and may be difficult to understand.

    This document constitutes advertisement within the meaning of the Prospectus Regulation (EU) 2017/1129 and the Swiss Financial Services Act (the “FinSA”) and not a prospectus. The 2024 Base Prospectus of 21Shares AG has been deposited pursuant to article 54(2) FinSA with BX Swiss AG in its function as Swiss prospectus review body within the meaning of article 52 FinSA. The 2024 Base Prospectus and the key information document for any products may be obtained at 21Shares AG’s website (https://21shares.com/ir/prospectus or https://21shares.com/ir/kids).

    ###

    The MIL Network –

  • MIL-OSI: 21Shares Expands Nasdaq Stockholm Offering with Five New Crypto ETP Listings

    Source: GlobeNewswire (MIL-OSI)

    New listings reflect growing demand for regulated crypto investment products in the Nordic region

    Zurich, 16 June 2025 – 21Shares AG, one of the world’s largest issuers of cryptocurrency exchange-traded products (ETPs), today announced the crosslisting of five additional products on Nasdaq Stockholm, further solidifying its presence in the Nordic region and reinforcing its commitment to providing investors with regulated, transparent, and simple access to digital assets.

    The newly listed products include:

    • 21Shares Uniswap ETP (Ticker: AUNI)
    • 21Shares Avalanche ETP (Ticker: AVAX)
    • 21Shares Bitcoin Gold ETP (Ticker: BOLD)
    • 21Shares Solana Core Staking ETP (Ticker: CSOL)
    • 21Shares Ethereum Core ETP (Ticker: ETHC)

    These products join an existing suite of 21Shares products already available on Nasdaq Stockholm: the 21Shares Bitcoin ETP (ABTC), 21Shares Ethereum ETP (AETH), 21Shares Solana ETP (ASOL), 21Shares XRP ETP (AXRP), and 21Shares Bitcoin Core ETP (CBTC).

    “Our continued expansion in the Nordic region reflects the increasing demand from both retail and institutional investors for diversified and cost-effective crypto exposure,” said Mandy Chiu, Head of Financial Product Development at 21Shares. “By offering a broader selection of single-asset and thematic crypto ETPs, we’re empowering investors to build more customised and resilient portfolios through a familiar exchange environment.”

    “We are pleased to welcome the expansion of 21Shares’ product suite on Nasdaq Stockholm. These newly listed ETPs reflect the kind of innovation that is shaping the future of financial markets. As the ETP market continues to grow, we remain committed to modernising access to investment opportunities and supporting greater transparency,” said Helena Wedin, Head of ETF & ETP, Nasdaq European Markets.

    With this expansion, 21Shares now offers 10 ETPs on Nasdaq Stockholm, spanning large-cap cryptocurrencies, innovative index strategies, and staking-enabled products. All products are fully collateralised and traded in a regulated, liquid format, providing an easy gateway to digital assets without the need to manage wallets or custody directly. With annual fees ranging from 0.21% to 2.50%, these products are some of the most cost-efficient in the market.

    With listings across Europe that include Euronext Paris, Euronext Amsterdam, London Stock Exchange, and SIX Swiss Exchange, 21Shares is the largest and most diversified crypto ETP provider in the region.

    For more information on 21Shares’ full product suite, visit www.21shares.com.

    Notes to editors

    About 21Shares

    21Shares is one of the world’s leading cryptocurrency exchange traded product providers and offers the largest suite of crypto ETPs in the market. The company was founded to make cryptocurrency more accessible to investors, and to bridge the gap between traditional finance and decentralized finance. 21Shares listed the world’s first physically-backed crypto ETP in 2018, building a seven-year track record of creating crypto exchange-traded funds that are listed on some of the biggest, most liquid securities exchanges globally. Backed by a specialized research team, proprietary technology, and deep capital markets expertise, 21Shares delivers innovative, simple and cost-efficient investment solutions.

    21Shares is a member of 21.co, a global leader in decentralized finance. For more information, please visit www.21Shares.com.

    Media Contact
    Matteo Valli
    matteo.valli@21shares.com

    DISCLAIMER

    This document is not an offer to sell or a solicitation of an offer to buy or subscribe for securities of 21Shares AG in any jurisdiction. Neither this document nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever or for any other purpose in any jurisdiction. Nothing in this document should be considered investment advice.

    This document and the information contained herein are not for distribution in or into (directly or indirectly) the United States, Canada, Australia or Japan or any other jurisdiction in which the distribution or release would be unlawful.

    This document does not constitute an offer of securities for sale in or into the United States, Canada, Australia or Japan. The securities of 21Shares AG to which these materials relate have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will not be a public offering of securities in the United States. Neither the US Securities and Exchange Commission nor any securities regulatory authority of any state or other jurisdiction of the United States has approved or disapproved of an investment in the securities or passed on the accuracy or adequacy of the contents of this presentation. Any representation to the contrary is a criminal offence in the United States.

    Within the United Kingdom, this document is only being distributed to and is only directed at: (i) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); or (ii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “relevant persons”); or (iii) persons who fall within Article 43(2) of the Order, including existing members and creditors of the Company or (iv) any other persons to whom this document can be lawfully distributed in circumstances where section 21(1) of the FSMA does not apply. The securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

    Exclusively for potential investors in any EEA Member State that has implemented the Prospectus Regulation (EU) 2017/1129 the Issuer’s Base Prospectus (EU) is made available on the Issuer’s website under www.21Shares.com.

    The approval of the Issuer’s Base Prospectus (EU) should not be understood as an endorsement by the SFSA of the securities offered or admitted to trading on a regulated market. Eligible potential investors should read the Issuer’s Base Prospectus (EU) and the relevant Final Terms before making an investment decision in order to understand the potential risks associated with the decision to invest in the securities. You are about to purchase a product that is not simple and may be difficult to understand.

    This document constitutes advertisement within the meaning of the Prospectus Regulation (EU) 2017/1129 and the Swiss Financial Services Act (the “FinSA”) and not a prospectus. The 2024 Base Prospectus of 21Shares AG has been deposited pursuant to article 54(2) FinSA with BX Swiss AG in its function as Swiss prospectus review body within the meaning of article 52 FinSA. The 2024 Base Prospectus and the key information document for any products may be obtained at 21Shares AG’s website (https://21shares.com/ir/prospectus or https://21shares.com/ir/kids).

    ###

    The MIL Network –

  • MIL-OSI Africa: Banque de Développement des États de l’Afrique Centrale (BDEAC) secures EUR 100-million trade finance facility from Afreximbank

    African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has signed an agreement to provide the Banque de Développement des États de l’Afrique Centrale (BDEAC) with EUR 100-million trade finance facility to support critical regional integration projects in the Central African Economic and Monetary Community (CEMAC). The facility would also support the upgrading of trade-enabling infrastructure in the CEMAC region.

    The agreement was signed in Abuja, Nigeria, on June 5, 2025 on the sidelines of the official launch of the African Medical Centre of Excellence (AMCE). Prof. Benedict Oramah, Afreximbank’s President and Chairman of the Board of Directors, signed for the Bank, while Dieudonné Evou Mekou, President of BDEAC, signed for his organization.

    Speaking after the signing, Prof. Oramah highlighted the significance of the facility in strengthening regional integration, saying, “This facility marks another significant milestone in Afreximbank’s efforts to deepen trade and investment, as well as close the trade-enabling infrastructure gap in the CEMAC region. With this line of credit, Afreximbank and BDEAC are sending a strong message to our people that it is through strong partnerships and by pooling our resources that we can collectively transform the economic fortunes of our people.”

    On his part, BDEAC President, Dieudonné Evou Mekou welcomed the signing of the new facility, noting that: “It confirms the excellent quality of the partnership between BDEAC and Afreximbank – two institutions at the forefront of financing African economies.  The establishment of this credit line will enable BDEAC to strengthen and diversify its interventions in the CEMAC zone, thereby contributing more significantly to regional economic integration, sustainable development, and the improvement of living conditions for the populations, in accordance with Strategic Orientation N°1 of the AZOBE 2023-2027 Strategic Plan.”

    The advent of this new facility confirms the excellent quality of the partnership relations that exist between the two financial institutions dedicated to African economies.”

    BDEAC is the regional development finance institution for the CEMAC regional block and has had a long-standing partnership with Afreximbank.

    Distributed by APO Group on behalf of Afreximbank.

    Media Contact:
    Vincent Musumba
    Communications and Events Manager (Media Relations)
    Email: press@afreximbank.com

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    About Afreximbank:
    African Export-Import Bank (Afreximbank) is a Pan-African multilateral financial institution mandated to finance and promote intra- and extra-African trade. For over 30 years, the Bank has been deploying innovative structures to deliver financing solutions that support the transformation of the structure of Africa’s trade, accelerating industrialisation and intra-regional trade, thereby boosting economic expansion in Africa. A stalwart supporter of the African Continental Free Trade Agreement (AfCFTA), Afreximbank has launched a Pan-African Payment and Settlement System (PAPSS) that was adopted by the African Union (AU) as the payment and settlement platform to underpin the implementation of the AfCFTA. Working with the AfCFTA Secretariat and the AU, the Bank has set up a US$10 billion Adjustment Fund to support countries effectively participating in the AfCFTA. At the end of December 2024, Afreximbank’s total assets and contingencies stood at over US$40.1 billion, and its shareholder funds amounted to US$7.2 billion. Afreximbank has investment grade ratings assigned by GCR (international scale) (A), Moody’s (Baa1), China Chengxin International Credit Rating Co., Ltd (CCXI) (AAA), Japan Credit Rating Agency (JCR) (A-) and Fitch (BBB-). Afreximbank has evolved into a group entity comprising the Bank, its equity impact fund subsidiary called the Fund for Export Development Africa (FEDA), and its insurance management subsidiary, AfrexInsure (together, “the Group”). The Bank is headquartered in Cairo, Egypt.

    For more information, visit: www.Afreximbank.com

    MIL OSI Africa –

  • Australia coach McDonald backs stuttering Labuschagne

    Source: Government of India

    Source: Government of India (4)

    Batter Marnus Labuschagne is still a key part of Australia’s future in test cricket despite failing to impress in their five-wicket defeat to South Africa in the World Test Championship final, coach Andrew McDonald said.

    Labuschagne opened alongside Khawaja, scoring 17 runs off 56 balls in the first innings and 22 off 64 in the second, with South Africa completing a remarkable turnaround on Saturday after successfully chasing down an imposing 282-run target.

    The 30-year-old has scored one hundred in his last 28 tests and has come away with single-digit tallies in four of his last 11 matches.

    “He’s a big part of the future of the team. Anyone that averages 45, 46 in test cricket at that age is important. We’ve got older players there that are closer to the end than the start,” McDonald told reporters.

    “We’ve got some younger players that are coming in. If he can get his game in good order for the next four or five years, he can underpin that batting order. But at the moment, he’d be disappointed with the returns. He’s missed out on big scores.

    “But we’re confident that he could return to his best and hence why we keep picking him. And at what point do we stop picking him? I think most players across their journey get dropped at some point in time…”

    Khawaja also struggled against South Africa, departing for a duck in the first innings and scoring just six runs in his second, but McDonald said the 38-year-old veteran’s presence in the team was invaluable.

    “He’s on contract, he’s an important player. He gives us stability at his best at the top. And we like to look at our players at their best,” McDonald said.

    “No doubt, a couple of failures here and people then start to talk about maybe it’s the end. I don’t see an end date with the way he’s training, the way he’s preparing, the way he’s moving.”

    Australia next travel to the Caribbean for a three-test series against West Indies beginning on June 25.

    (Reuters)

  • Steve Smith in doubt for Australia’s tour of West Indies

    Source: Government of India

    Source: Government of India (4)

    Steve Smith will miss Australia’s first test against the West Indies in Barbados later this month and could sit out the entire three-test series with a finger injury, captain Pat Cummins said.

    Smith, one of the mainstays of the Australian team, suffered a compound dislocation of his right little finger fielding on the third day of the World Test Championship final against South Africa at Lord’s on Friday, missing the rest of the match.

    He was taken to hospital for x-rays but no surgery was required. However, he faces some time on the sidelines.

    “I’d say first test maybe unlikely, and then go from there, but it’s a bit early to tell,” Cummins said after Australia’s surprise defeat against a South Africa team that wrapped up their five-wicket victory on Saturday.

    The 36-year-old Smith was standing far closer to the stumps than normal when he dropped South Africa captain Temba Bavuma, who had scored two runs but went on to hit 66 in a significant contribution to his team’s success.

    Australia begin their three-test series in the Caribbean in Bridgetown over June 25-29 and play the other two tests in Grenada and Jamaica.

    (Reuters)

  • MIL-OSI Russia: Xi Jinping left Beijing for Astana to attend the 2nd China-Central Asia Summit /detailed version-1/

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    BEIJING, June 16 (Xinhua) — Chinese President Xi Jinping left Beijing on a special plane for Astana on Monday to attend the 2nd China-Central Asia Summit. Xi’s trip will take place at the invitation of Kazakh President Kassym-Jomart Tokayev.

    Among those accompanying Xi Jinping are Cai Qi, member of the Standing Committee of the Politburo of the CPC Central Committee and Director of the General Office of the CPC Central Committee, and Wang Yi, member of the Politburo of the CPC Central Committee and Minister of Foreign Affairs of the People’s Republic of China. -0-

    MIL OSI Russia News –

  • MIL-OSI Russia: Exclusive: China-Central Asia Cooperation Mechanism Demonstrates Its High Potential – Political Scientist from Kyrgyzstan

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    BISHKEK, June 16 (Xinhua) — The China-Central Asia cooperation mechanism has demonstrated its high potential. And the upcoming summit to be held in Astana, Kazakhstan, will give new impetus to achieving practical results, political scientist and director of the Institute of World Politics of Kyrgyzstan Sheradil Baktygulov said in an exclusive interview with Xinhua.

    Sh. Baktygulov noted that the political will of the leaders of China and the Central Asian countries plays a key role in the sustainable development and continuous strengthening of the China-Central Asia cooperation mechanism. And the personal participation of the leaders of the countries underlines the mutual respect and desire to deepen the partnership between the countries participating in this mechanism.

    According to him, this approach allows for the coordination of countries’ positions on key contemporary issues, strengthening trust between them, and also forming a unified approach to regional security and development.

    In May 2023, the first China-Central Asia summit was held in the Chinese city of Xi’an. The political scientist noted that since then, the platform has demonstrated its high potential. For example, it has managed to strengthen ties in the economic, political and security spheres, creating the basis for deeper integration in the future. China’s investment in the digital economy and logistics of the region has expanded.

    “The China-Central Asia platform demonstrates the ability of Central Asian states to pursue a consolidated policy, and also shows the major role of China as a key development partner in Eurasia,” the expert believes.

    Speaking about the achievements of the mechanism, Sh. Baktygulov noted the deepening of political trust and dialogue between the countries, the holding of high-level meetings, and the intensification of coordination on issues of ensuring security and regional stability.

    In addition, according to him, there is an increase in trade between Central Asian countries and China, the construction of the China-Kyrgyzstan-Uzbekistan railway is accelerating, transport corridors are actively developing, the number of scholarships for students studying at Chinese universities is increasing, and exchanges in tourism, science and technology are expanding.

    “Therefore, there is growing confidence that the China-Central Asia summit in Astana will expand the horizons of cooperation between our countries and give new impetus to achieving practical results for the benefit of the region’s population,” the political scientist said.

    Touching upon the topic of cooperation between China and Central Asian countries, he noted that in recent years there has been a sharp increase in the number of joint projects, and, most importantly, there has been a qualitative leap in business cooperation in the economy, trade and energy. New transport and logistics corridors, infrastructure projects have also appeared, and visa-free regimes are being introduced.

    “Such interconnectedness is an excellent illustration of the fact that our countries strive to complement each other in order to obtain the greatest practical benefit from cooperation,” emphasized Sh. Baktygulov, believing that the “China-Central Asia” mechanism promotes mutual learning and strengthening of ties between peoples, and also shows an example of how it is possible and necessary to develop humanitarian and cultural cooperation in the context of a diversity of cultures and civilizations.

    Sh. Baktygulov also praised China’s significant progress in recent years, in particular, economic growth, infrastructure development and improvement of the population’s standard of living. In his opinion, behind these and other achievements are the painstaking work of millions of people, wise decisions and their consistent implementation, the country’s inexhaustible potential and the far-sighted leadership of the Communist Party of China.

    “The main contours of China’s national development have already been outlined. This is deepening reforms and opening up. Much attention is also paid to the active development of high-quality productive forces, strengthening innovative capabilities in science and technology, promoting green development and building a harmonious society,” the expert concluded. –0–

    MIL OSI Russia News –

  • MIL-OSI Asia-Pac: SCST to visit Shanghai

    Source: Hong Kong Government special administrative region

    The Secretary for Culture, Sports and Tourism, Miss Rosanna Law, will depart for Shanghai tomorrow morning (June 17), where she has been invited by the West Kowloon Cultural District Authority to officiate at the opening ceremony and dinner of WestK Shanghai Week 2025.
     
    During her stay in Shanghai, Miss Law will also visit local tourism and cultural facilities and meet with relevant officials.
     
    Miss Law will return to Hong Kong at night on June 18 (Wednesday). During her absence, the Under Secretary for Culture, Sports and Tourism, Mr Raistlin Lau, will be the Acting Secretary for Culture, Sports and Tourism.

    MIL OSI Asia Pacific News –

  • MIL-OSI China: Xi leaves for 2nd China-Central Asia Summit

    Source: China State Council Information Office

    Xi leaves for 2nd China-Central Asia Summit

    Xinhua | June 16, 2025

    Chinese President Xi Jinping left Beijing on Monday for the second China-Central Asia Summit in Astana at the invitation of President of the Republic of Kazakhstan Kassym-Jomart Tokayev.

    Xi’s entourage includes Cai Qi, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and director of the General Office of the CPC Central Committee, and Wang Yi, a member of the Political Bureau of the CPC Central Committee and foreign minister. 

    MIL OSI China News –

  • Police forces being modernized under the leadership of PM Modi: Amit Shah

    Source: Government of India

    Source: Government of India (4)

    Union Home Minister and Minister of Cooperation Amit Shah on Sunday handed over appointment letters to 60,244 newly recruited Civil Police Constables of the Uttar Pradesh Police during a grand ceremony held in Lucknow. Uttar Pradesh Chief Minister Yogi Adityanath and other senior dignitaries were also present on the occasion.

    Describing the recruitment as historic, Shah said the new recruits would become an integral part of India’s largest police force. He praised the Yogi Adityanath-led government for restoring law and order in the state, noting that the recruitment process was conducted with complete transparency — free from bribery, political influence, or caste considerations. Of the selected candidates, over 12,000 are women.

    Shah highlighted that modernization of the police force has accelerated under Prime Minister Narendra Modi’s leadership and said the new recruits would carry forward the vision of a secure and developed Uttar Pradesh. He called on the youth to serve with the values of “security, service, and sensitivity.”

    Referring to recent legal reforms, the Home Minister said the implementation of the new criminal codes — Bharatiya Nyaya Sanhita, Bharatiya Nagarik Suraksha Sanhita, and Bharatiya Sakshya Adhiniyam — would ensure faster justice, with a target of verdicts within three years from FIR to the Supreme Court.

    He also praised Uttar Pradesh’s transformation from a riot-prone state to one governed by law and order. “Goons and mafias should fear the police, while the poor, Dalits, and backward classes should see them as protectors,” Shah asserted.

    Highlighting achievements of the Modi government over the past 11 years, Shah cited the upliftment of 25 crore people from poverty, significant infrastructure development, and enhanced national security — including responses to terrorist attacks and India’s advancements in space and technology.

    Shah concluded by urging the new recruits to uphold justice and contribute to the goal of making India a developed nation by 2047.

  • Dr. P. K. Mishra reviews relief and rescue operations following Ahmedabad plane crash

    Source: Government of India

    Source: Government of India (4)

    Dr P. K. Mishra, Principal Secretary to the Prime Minister, visited Ahmedabad on Sunday to oversee ongoing relief and rescue operations following the tragic plane crash near B.J. Medical College in Meghani Nagar. His visit followed directives issued by PM Modi, emphasising swift action, a thorough investigation, and support for the victims and their families.

    Dr Mishra conducted an on-site review of the crash location, where he was briefed by senior officials from the state government, the Aircraft Accident Investigation Bureau (AAIB), and the Airports Authority of India (AAI). Authorities outlined the timeline of the incident and the immediate response measures undertaken.

    During his visit to Civil Hospital, Ahmedabad, Dr Mishra met injured passengers and extended his condolences to the families of the deceased. He instructed officials to ensure that bereaved families are given full assistance in a seamless manner.

    Later, Dr Mishra visited the Forensic Science Laboratory (FSL) in Gandhinagar, where he reviewed the DNA sampling process. Stressing the need for both accuracy and urgency, he directed forensic teams to expedite the identification of victims while ensuring scientific rigour.

    Chairing a high-level meeting at Circuit House, Ahmedabad, Dr. Mishra reviewed investigation and relief efforts with senior officials from the centre, the state, AAIB, and AAI. The AAIB has launched a detailed probe into the crash.

    Since the aircraft involved was US-manufactured, the US National Transportation Safety Board (NTSB) is also conducting a parallel investigation under international protocols.

    Dr Mishra reaffirmed Prime Minister Modi’s commitment to ensuring a coordinated and compassionate response, with all necessary resources deployed to support victims and their families. He was accompanied by senior PMO officials, including Tarun Kapoor, Advisor to the Prime Minister, and Mangesh Ghildiyal, Deputy Secretary, PMO.

  • MIL-OSI Asia-Pac: “M” Mark status awarded to Volleyball Nations League Hong Kong 2025 presented by China Life (Overseas)

    Source: Hong Kong Government special administrative region

    “M” Mark status awarded to Volleyball Nations League Hong Kong 2025 presented by China Life (Overseas) 
    The Major Sports Events Committee (MSEC) has awarded “M” Mark status to the Volleyball Nations League (VNL) Hong Kong 2025 presented by China Life (Overseas), scheduled to take place from June 18 to 22 at Kai Tak Arena.
     
    The Chairman of the MSEC, Mr Wilfred Ng, said today (June 16), “The competition has moved to Kai Tak Arena, which is the first international volleyball event held at Kai Tak Sports Park. The VNL Hong Kong features elite teams from around the world. It not only promotes the development of volleyball in Hong Kong but also attracts overseas visitors to come to Hong Kong and stimulates the development of the hospitality, retail, and catering sectors, thereby further solidifying Hong Kong’s status as a centre for major international sports events.”
     
    The “M” Mark System aims to encourage and help local National Sports Associations and private or non-government organisations to organise more major international sports events and nurture them into sustainable undertakings. Sports events meeting the assessment criteria will be considered for “M” Mark status by the MSEC. Funding support will also be provided to some events.
     
    For details of “M” Mark events, please visit www.mevents.org.hkIssued at HKT 14:00

    NNNN

    MIL OSI Asia Pacific News –

  • Indian stock market opens in green, defies geopolitical tensions

    Source: Government of India

    Source: Government of India (4)

    Indian equity indices opened in the green on Monday despite rising tensions in the Middle East, with early trade showing no signs of panic among investors.

    As of 9:21 a.m., the Sensex was up by 265.05 points or 0.33 per cent at 81,396.52, while the Nifty rose by 93.40 points or 0.38 per cent to reach 24,812.

    Buying interest was observed in both the midcap and smallcap segments. The Nifty Midcap 100 index rose by 65.45 points or 0.11 per cent to 58,292.50, while the Nifty Smallcap 100 index gained 17.15 points or 0.09 per cent to reach 18,391.95.

    According to analysts, the ongoing Israel-Iran conflict has introduced uncertainty and a risk-off sentiment in global markets.

    “The safe-haven demand is keeping gold firm, but the dollar continues to remain weak. Interestingly, there is no panic in equity markets,” said V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

    Markets, he noted, will face severe pressure only if Iran closes the Strait of Hormuz, triggering a sharp spike in crude prices. However, he added that this currently appears to be a low-probability scenario.

    On the sectoral front, IT, financial services, pharma, FMCG, metal, energy, infrastructure, and public sector enterprises (PSEs) emerged as major gainers. On the other hand, auto, PSU banks, metal, and realty stocks witnessed some profit-booking.

    Within the Sensex pack, top gainers included Power Grid, UltraTech Cement, L&T, HCL Tech, Asian Paints, Bharti Airtel, TCS, Infosys, NTPC, and Tech Mahindra. Among the major losers were Tata Motors, Axis Bank, Kotak Mahindra Bank, Sun Pharma, M&M, SBI, and Maruti Suzuki.

    Given the current environment of heightened volatility and geopolitical uncertainty, market experts are advising traders to adopt a cautious approach, particularly with leveraged positions.

    “Partial profit-booking during rallies and the use of tight trailing stop-losses is recommended,” said Aakash Shah of Choice Broking.

    Asian markets were trading mixed. Tokyo, Shanghai, Seoul, and Jakarta were in the green, while Bangkok and Hong Kong were trading in the red. On Friday, US markets closed in negative territory.

    From an institutional standpoint, foreign institutional investors (FIIs) were net sellers on June 13, offloading equities worth ₹1,263 crore. Meanwhile, domestic institutional investors (DIIs) remained net buyers, purchasing equities worth ₹3,041 crore.

    Analysts believe the prevailing trend of steady retail participation and sustained fund inflows into mutual funds will keep valuations elevated over the long term. Consequently, they suggest that long-term investors consider using this risk-off phase to accumulate relatively undervalued stocks, particularly in the financial sector.

    — IANS

  • US police arrest suspect Vance Boelter for Minnesota lawmakers’ shooting

    Source: Government of India

    Source: Government of India (4)

    A massive two-day manhunt ended on Sunday with the arrest of Vance Boelter, 57, for allegedly killing a Minnesota Democratic state lawmaker and her husband while posing as a police officer, Governor Tim Walz said.

    Boelter allegedly shot dead Melissa Hortman, the top Democrat in the Minnesota House, and her husband, Mark, in their home on Saturday – a crime Governor Tim Walz characterized as a “politically motivated assassination.”

    Authorities said Boelter also allegedly shot and wounded another Democratic lawmaker, state Senator John Hoffman, and his wife Yvette at their home a few miles away.

    “After a two-day manhunt, two sleepless nights, law enforcement have apprehended Vance Boelter,” Walz told a news conference. “One man’s unthinkable actions have altered the state of Minnesota.

    “A moment in this country where we watch violence erupt, this cannot be the norm. It cannot be the way that we deal with our political differences. Now is the time for us to recommit to the core values of this country, and each and every one of us can do it.”

    Walz said Hoffman, who had been hit with nine bullets, came out of his final surgery and was moving towards recovery.

    Boelter has links to evangelical ministries and claimed to be a security expert with experience in the Gaza Strip and Africa, according to online postings and public records reviewed by Reuters.

    Boelter was charged with two counts of second-degree murder and two counts of second-degree attempted murder, the criminal complaint showed.

    Three of those charges are punishable with jail terms of up to 40 years, according to the complaint unsealed on Sunday.

    Boelter had been impersonating a police officer while carrying out the shootings, wearing an officer’s uniform and driving a Ford SUV with police-style lights, according to a Hennepin County criminal complaint unsealed on Sunday.

    Boelter fled on foot early on Saturday when officers confronted him at Hortman’s Brooklyn Park home, said authorities who had warned residents to stay indoors for their own safety and unleashed the state’s biggest manhunt.

    When police searched Boelter’s SUV after the shootings they discovered three AK-47 assault rifles, a 9-mm handgun, and a list of other public officials including their addresses, the criminal complaint showed.

    Working on a tip that Boelter was near his home in the city of Green Isle, more than 20 SWAT teams combed the area, aided by surveillance aircraft, officials said. Boelter was armed but surrendered with no shots fired.

    “The suspect crawled to law enforcement teams and was placed under arrest,” Lieutenant Colonel Jeremy Geiger of the Minnesota State Patrol told the briefing. “The suspect was taken into custody without any use of force.”

    The operation to capture Boelter, drawing on the work of hundreds of detectives and a wide range of federal, state and local law enforcement agencies, was the largest manhunt in state history, Brooklyn Park police Chief Mark Bruley said.

    “Now begins the hard work of looking at what the motive is,” Bruley said.

    The killing was the latest episode of high-profile U.S. political violence.

    Such incidents range from a 2022 attack on former Democratic U.S. House Speaker Nancy Pelosi’s husband at their home, to an assassination bid on Donald Trump last year, and an arson attack at Pennsylvania Governor Josh Shapiro’s house in April.

    (Reuters)

  • Britain appoints first female head of MI6 spy agency

    Source: Government of India

    Source: Government of India (4)

    Britain on Sunday named Blaise Metreweli, a career intelligence officer, as the first female head of the Secret Intelligence Service, the foreign spy service known as MI6.

    Metreweli, 47, who is currently MI6’s head of technology, known as “Q”, joined the Secret Intelligence Service in 1999, and has spent most of her career in operational roles in the Middle East and Europe, the government said in a statement.

    Richard Moore, the current chief of MI6, will step down in the autumn after a five-year tenure.

    “I am proud and honoured to be asked to lead my service,” said Metreweli, who takes on one of the most powerful jobs in Western intelligence and will be known by the code name “C”.

    MI6, founded in 1909, joins the other main British spy agencies, the domestic spy service MI5, and the intelligence communications agency GCHQ, in having appointed a female head.

    Prime Minister Keir Starmer, who is currently in Canada for the G7 summit, said Metreweli’s appointment comes when Britain is “facing threats on an unprecedented scale”.

    “I know Blaise will continue to provide the excellent leadership needed to defend our country,” he said.

    Metreweli’s biggest challenges are likely to be dealing with Russia, China and Iran.

    Britain’s spy agencies have accused Russia of waging a campaign of sabotage across Europe to scare other countries off from backing Ukraine in its fight against a Russian invasion.

    Moore in 2021 said China was the single greatest priority for his spy agency, while MI5 said last year that Iran had been behind 20 plots to kill, kidnap or target dissidents or political opponents in Britain since 2022.

    MI6, depicted by novelists as the employer of some of the most memorable fictional spies, from John le Carré’s George Smiley to Ian Fleming’s James Bond, operates overseas and is tasked with defending Britain and its interests.

    Metreweli previously held a director-level role in MI5, and studied anthropology at the University of Cambridge, the government said.

    MI5 has had two female bosses, starting with Stella Rimington in 1992. Eliza Manningham-Buller ran MI5 between 2002 and 2007.

    In 2023, Britain named its first female director of GCHQ.

    Metreweli’s appointment comes three decades after the actress Judi Dench first played a female boss of MI6 in the James Bond film “GoldenEye”.

    (Reuters)

  • IMD predicts heavy rainfall in Guwahati in next 2-3 days

    Source: Government of India

    Source: Government of India (4)

    The India Meteorological Department (IMD) on Sunday has predicted cloudy weather over Guwahati for the coming two-three days, with likelihood of heavy to very heavy rainfall across various parts of the city, an official said.

    The Assam State Disaster Management Authority (ASDMA) quoting the IMD said that the weather authority (IMD) has predicted cloudy weather over Guwahati city for the coming two to three days, with likelihood of heavy to very heavy rainfall across various parts of the city.

    The statement said that heavy to very heavy rainfall is very likely at the isolated places of the city during the next two to three days, which may aggravate waterlogging, slow vehicular movement, and increase the risk of localised landslides in vulnerable pockets.

    The city authorities are closely monitoring the situation and emergency response systems are being kept on alert, it said.

    In view of the recent incidents of landslides and water blockage due to very heavy rainfall occurring in the city a few days back, the ASDMA requests the people of Guwahati to take all necessary precautions and remain vigilant.

    Daily commuters and long-distance travellers are requested to plan their routines accordingly, avoiding unnecessary movement during periods of intense rainfall, the authority said.

    It said that the residents in low-lying and hillside areas should stay alert for any signs of flooding or landslides.

    Residents in vulnerable areas are further advised to keep adequate stock of essential items such as medicines, candles etc, the statement said.

    It requested the people to reach out ASDMA and DDMA during the necessity. “People living in the identified landslide prone vulnerable areas of the city are advised to shift themselves to the safe shelters (relief camps) or other safer places of their choice for next three days. The public is also urged to stay tuned to official weather updates and follow advisories issued by local authorities to ensure safety during this prolonged spell of rain.”

    The status of the situation would be updated by ASDMA from time to time for general awareness, the statement added. Meanwhile, in the first spell of monsoon in the last week of May and first week of this over 6.79 lakh people were affected in 21 districts.

    As per the ASDMA report, over 14,977 hectares of crop lands were affected in 1,494 villages in 21 districts. The total number of people losing their lives in this year’s flood and landslide officially reported 28 across the state.

    (With inputs from IANS)

  • Sonia Gandhi admitted to Ganga Ram Hospital in Delhi

    Source: Government of India

    Source: Government of India (4)

    Congress Parliamentary Party chief Sonia Gandhi on Sunday was admitted to the Sir Ganga Ram Hospital in the national capital due to stomach-related issues, the hospital confirmed.

    The Rajya Sabha MP has been kept under observation at the hospital’s gastro department, it said.

    Earlier, Gandhi was admitted to Indira Gandhi Medical College and Hospital in Himachal Pradesh’s Shimla on June 7.

    The CPP chairperson was brought in for a routine health check-up due to some minor health issues, according to Naresh Chauhan, Principal Advisor (Media) to the Himachal Pradesh Chief Minister.

    The doctors examined her health condition and informed that she was in stable condition.

    (ANI)

  • India-Cyprus relations: expanding defence and economic ties

    Source: Government of India

    Source: Government of India (4)

    India and the Republic of Cyprus (RoC) have continued to deepen their bilateral engagement with steady progress in defence and economic cooperation in recent years. Building on shared strategic interests, the two countries have laid down frameworks to expand collaboration in key sectors, while also reaffirming their commitment to a rules-based international order.

    In the area of defence, the signing of a Memorandum of Understanding (MoU) on Defence Cooperation on December 29, 2022, during External Affairs Minister S. Jaishankar’s visit to Cyprus, marked a significant development. The agreement has since been followed by the signing of a Bilateral Defence Cooperation Programme (BDCP) for 2025, which took place in Nicosia on January 23, 2025. The programme aims to enhance structured cooperation in defence and military exchanges.

    In a reflection of this growing engagement, a Cypriot defence delegation led by Anna Aristotelous, Permanent Secretary of the Defence Ministry of RoC, participated in Aero India 2025 held in Bengaluru from February 10–14. On the sidelines of the event, Aristotelous held discussions with Minister of State for Defence, Sanjay Seth, to explore ways to further deepen defence ties.

    Defence diplomacy between the two nations is also supported by India’s concurrent accreditation of its Defence Attaché to the Republic of Cyprus, based at the Embassy of India in Cairo.

    On the economic front, bilateral trade has shown resilience despite global challenges. According to the Ministry of External Affairs (MEA), trade between India and Cyprus in 2023–24 stood at USD 137 million. Key Indian exports to Cyprus include pharmaceuticals, textiles, ceramic products, iron and steel, machinery, and chemicals. Meanwhile, Cyprus exports pharmaceuticals, beverages, and various manufactured goods to India.

    While trade volumes were impacted by the disruptions caused by the COVID-19 pandemic, both sides remain engaged in efforts to revive economic flows and encourage greater investments. Cyprus continues to be an important partner in the Foreign Direct Investment space for India, and several Indian firms view Cyprus as a strategic gateway to the European Union.

  • MIL-OSI Banking: Samsung R&D Institute, Noida and IIT Madras Sign MoU to Drive Research on AI for Indian Languages, HealthTech and Generative AI

    Source: Samsung

    The five-year MoU was signed by Kyungyun Roo, Managing Director, SRI-N and Prof. V. Kamakoti, Director, IIT Madras
     
    Samsung R&D Institute, Noida (SRI-N) has deepened its industry-academia engagement through an MoU with the Indian Institute of Technology Madras (IIT Madras) to drive collaborative research, accelerate technology development and nurture future-ready talent. The partnership will focus on pioneering advancements in AI for Indian languages, HealthTech and emerging areas such as Generative AI, reinforcing Samsung’s commitment to build a stronger innovation ecosystem aligned with the vision of ‘Make in India’ and ‘Digital India’.
     
    The five-year MoU that was signed by Kyungyun Roo, Managing Director, SRI-N and Prof. V. Kamakoti, Director, IIT Madras, aims to provide a wide range of collaborative activities, including sponsored research projects, consultancy projects, technology licensing, trainings, facility development and sponsorship of student fellowships in future.
     
    “At SRI-N, we are continuously working towards creating technologies that empower people and communities. Our collaboration with IIT Madras marks an important step towards co-creating solutions that are meaningful, inclusive, and future-ready. Together, we aim to enhance the Galaxy AI ecosystem with deeper integration of Indian regional languages and contribute to breaking language barriers across the country. In addition, we are engaging in co-development of emerging technology and enhancement of skill sets,” said Kyungyun Roo, Managing Director, Samsung R&D Institute, Noida.
     
    Prof. V. Kamakoti, Director, IIT Madras, echoed the excitement surrounding this collaboration. “We are proud to partner with SRI-N and this alliance will sponsor revolutionary research and technological development through effective utilization of AI technology. In the fast-changing tech landscape, the MoU will upskill beneficiaries to develop strong connection between theoretical knowledge and practical industry solutions required to mitigate risks and address uncertainty,” he said.
     
    This strategic partnership between Samsung India and IIT Madras adds to SRI-Noida’s growing network of academic collaborations, having already established long-term strategic MoUs with premier institutes including IIT Delhi, IIT Kanpur, IIT Bombay and IIT Ropar. Samsung and these institutes are charting an expansive roadmap toward a smarter, more connected world. By combining industry-scale resources with academic rigor, these partnerships are cultivating a thriving ecosystem for future breakthroughs.
     
    SRI-Noida will sponsor research and development (R&D) projects, which may be conducted at IIT Madras, the company’s premises or through a collaborative arrangement at both locations.

    MIL OSI Global Banks –

  • MIL-OSI Australia: Launching Samstag’s 2025 Kudlila season

    Source:

    16 June 2025

    Frank Bauer in his studio, 2025, photography by Sia Duff, courtesy of the Samstag Museum of Art.

    Two striking exhibitions, both featuring new works, will be showcased at the University of South Australia’s Samstag Museum of Art in June.

    Open to the public from 20 June to 26 September, the Kudlila season program (Kudlila meaning winter in Kaurna culture) will premiere designer, jeweller, silversmith and artist Frank Bauer’s major exhibition of metal and light works that consider movement, longevity, repetition and change.

    German-born and Adelaide-based Bauer has a career spanning 45 years and his works are held in major museums around the world including London’s Victoria and Albert Museum, Berlin’s Bauhaus Archive, the National Gallery of Australia, the Art Gallery of South Australia, the National Gallery of Victoria and the Powerhouse Museum in Sydney.

    Focussing on the sculptural nature of his practice, the exhibition celebrates Bauer’s continued innovation by premiering new large-scale works in metal and light.

    ‘On the second level of the Samstag gallery, independent curator Jasmin Stephens presents the familiar yet lesser-known aspects of Adelaide’s cultural boulevard, North Terrace, in a thought-provoking group exhibition: North Terrace: worlds in relief.

    Adelaide’s North Terrace – now home to colonial institutions such as the art gallery, museum, library and other state buildings – holds deep significance for the Kaurna people as it represents a location of dispossession and resilience.

    The North Terrace exhibition begins with Narungga poet/activist Natalie Harkin’s poem Cultural Precinct*, a powerful exploration of Aboriginal resistance and colonialism which laments how “red-kangaroo stories” have been “ripped from the ground”.

    Artists from Adelaide, NSW and Singapore cast a critical eye over the boulevard, invoking histories through sculpture, moving image and design. The exhibition also draws on the collection of UniSA’s Architecture Museum.

    The artists featured in North Terrace: worlds in relief include, Andrew Burrell (Sydney), Allison Chorn (Adelaide), Louise Haselton (Adelaide) and the ArtHitects (Bathurst, NSW, and Singapore).

    Andrew Burrell, Miners Journey, 2025, still from video, courtesy of the artist.

    A season launch event will be held on Thursday 19 June, 5pm to 7pm, with opening remarks delivered by renowned architect Karl Fender OAM, Co-founder AFK Studios. Associate Professor Carolyn Barnes from Swinburne University of Technology will be writing a catalogue essay for Frank Bauer’s artwork that will be available online.

    The Samstag Museum of Art is located at UniSA’s City West campus, an easy 15-minute walk from the city centre. Free city trams operate daily. Samstag is open Tuesday to Saturday 10am to 5pm. Visit the website for more information.

    Editors note: Read Natalie Harkin’s poem Cultural Precinct (2014) in fineprint, Issue 9, November 2016.

    *After its inclusion in Natalie Harkin’s PhD (Flinders University) in 2014, the poem was also published in Unbound Collective’s 2015 exhibition catalogue Bound and Unbound: Sovereign Acts II; in Cordite Poetry Review in 2016; and in Best Australian Poems in 2016. It also appears in the first of Harkin’s three-part publication Colonial Archive (2019).

    The University of South Australia and the University of Adelaide are joining forces to become Australia’s new major university – Adelaide University. Building on the strengths, legacies and resources of two leading universities, Adelaide University will deliver globally relevant research at scale, innovative, industry-informed teaching and an outstanding student experience. Adelaide University will open its doors in January 2026. Find out more on the Adelaide University website.

    …………………………………………………………………………………………………………………………

    Media contact: Erica Green, Director Samstag Museum of Art M: +438 821 239 E: erica.green@unisa.edu.au

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    MIL OSI News –

  • Holiday for schools in TN’s Nilgiris, Coimbatore amid adverse weather

    Source: Government of India

    Source: Government of India (4)

    The India Meteorological Department (IMD) has forecast moderate rainfall at isolated locations across parts of Tamil Nadu, including the Nilgiris, Coimbatore, and Tiruppur districts on Monday.

    The weather department has also cautioned residents about the possibility of waterlogging and slippery road conditions in the affected regions.

    According to the IMD, light to moderate rain is also likely at one or two places across the southern districts of Theni, Dindigul, Tenkasi, Tirunelveli, and Kanniyakumari.

    Officials have advised commuters in these areas to exercise caution, as the wet conditions could disrupt traffic flow and pose minor safety risks. Regional Meteorological Centre (RMC) has predicted heavy rains in the Nilgiris district.

    In wake of the adverse weather conditions, the Nilgiris district administration has declared a holiday for schools in four taluks – Udhagamandalam (Ooty), Kundah, Gudalur, and Pandalur – on Monday.

    The precautionary measure was announced by Nilgiris District Collector Lakshmi Bhavya Tanneeru to ensure the safety of students and staff amidst the ongoing rain and strong winds in the hilly terrain.

    A similar decision was made in the Coimbatore district, where persistent rainfall in the Valparai taluk prompted the closure of all schools for the day.

    District Collector Pavankumar G. Giriyappanavar said the measure was taken to avoid any rain-related incidents in the region, which has witnessed consistent downpours over the past few days.

    The IMD’s alert comes amid concerns over increased rainfall activity in Tamil Nadu’s western and southern districts.

    Officials in the affected regions have been instructed to monitor the situation closely and ensure the timely dissemination of alerts and advisories.

    Local authorities have urged residents, particularly those living in low-lying and landslide-prone areas, to remain vigilant and avoid unnecessary travel until weather conditions stabilise. Emergency response teams and public works departments have also been put on alert to address any potential disruptions caused by the rainfall.

    (With inputs from IANS)

  • MIL-OSI Russia: Exclusive: Kazakhstan and China are building a community with a common destiny through cultural and media cooperation — Minister of Culture and Information of Kazakhstan

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    Astana, June 16 /Xinhua/ — Interaction in the field of culture, media communications and protection of historical and cultural heritage is becoming one of the key areas of cooperation between Kazakhstan and China, Minister of Culture and Information of the Republic of Kazakhstan Aida Balayeva said in an exclusive interview with Xinhua.

    According to her, the desire to preserve and popularize national heritage is a strategic priority for any country, and Kazakhstan, following this course, attaches particular importance to the protection of historical and cultural monuments.

    Kazakhstan has approached this issue institutionally. As A. Balayeva said, a special commission on UNESCO affairs, headed by state adviser Erlan Karin, systematically considers the issues of including Kazakhstani sites in the UNESCO list. Among the latest achievements are nominations for inclusion of five underground mosques and ancient steppe cities.

    Recently, a large working group has been operating in Kazakhstan with the participation of regional scientists and experts, whose activities cover three areas: the protection of monuments, intangible cultural heritage and documentary memory. “We have developed a huge plan of activities in these three areas and submitted it to a government meeting,” the minister said.

    She paid special attention to the training of personnel: “It is very important to have specialists. Advanced training, the creation of special departments that train specialists in this field is a very important issue for us.” In this context, A. Balayeva noted significant interaction with China: “Specialists in the field of restoration, in the field of archival work, in the field of popularization of cultural heritage sites are very important. And in this area we have good interaction.”

    According to the Minister, last year she had a meeting with her Chinese colleague, during which an agreement was reached on conducting internships, seminars and trainings for Kazakhstani specialists in China. “This is great, since this is what allows us to improve the qualifications of our employees, which improves the quality of work in the field of preserving historical and cultural heritage,” she noted.

    The Minister emphasized the importance of cultural and humanitarian exchange for bringing peoples closer together. “To get to know the people of Kazakhstan, to feel the character, the soul of the people, it is very important to know the culture, traditions and customs,” said A. Balayeva.

    In her opinion, such initiatives “promote mutual penetration of cultures” and motivate citizens of both countries to study each other’s history more deeply. “This interaction not only enriches, but also helps our teams build human relationships… New projects, new productions, joint events appear, which in turn helps strengthen the relationship between our countries,” the minister added.

    Speaking about the current Year of Tourism of Kazakhstan in China, the Minister expressed confidence that such initiatives are very positive, as there is “high interest from citizens.” And the visa-free regime between the countries became possible “primarily due to the trusting relationship between the leaders of our countries.”

    Touching on the challenges of the digital age, she stressed the need for “very close work in exchanging experiences in working in social networks,” as well as participation in media forums and conferences.

    “Cooperation in the media sphere allows us to popularize the forum, tourist routes, culture, traditions and ultimately demonstrate the multiplier economic effect,” the minister said.

    She noted that the level of interaction between the countries has reached a qualitatively new level: “If two years ago we talked about eternal friendship, now we are building a community with a common destiny. This shows that we are inextricably linked.”

    The Minister also emphasized the close cooperation between Kazakh and Chinese media: “This is an exchange of media products… This is interaction in the area of improving the qualifications of our journalists… This is technology.” The participation of Chinese media in Central Asian media forums and upcoming events, according to her, opens up new horizons.

    “Only through dialogue can we improve our work, expand areas of interaction… and deepen our cooperation in the field of mass media,” the minister emphasized.

    In conclusion, she expressed confidence that the upcoming second China-Central Asia summit, which will be held with the participation of the leader of the PRC, will give new impetus to the entire spectrum of cooperation.

    “These are new tasks, these are new challenges that we will work on together… All protocol instructions that will be adopted following the results of this summit will be unquestioningly carried out at the highest level,” concluded A. Balaeva. –0–

    MIL OSI Russia News –

  • MIL-OSI Russia: Both black boxes of Air India plane found – media

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    NEW DELHI, June 16 (Xinhua) — Both the black boxes of Air India Flight 171, including the flight data recorder and cockpit voice recorder, have been recovered, the Indian Prime Minister’s Principal Secretary said in a statement late Sunday.

    According to Hindustan Times early Monday morning, the flight data recorder was first found, followed by the cockpit voice recorder.

    Indian Civil Aviation Minister Ram Mohan Naidu Kinjarapu said the first black box was found on June 13 and the crash investigation report would be released within three months.

    According to The Hindu, it could take four to five days to download and analyse the black boxes. Several international investigation agencies have arrived in Ahmedabad to help India’s Air Accident Investigation Bureau probe the crash that killed 274 people. –0–

    MIL OSI Russia News –

  • Heavy rain forecast for Maharashtra today, red alert issued in Raigad

    Source: Government of India

    Source: Government of India (4)

    As the monsoon has become active, the India Meteorological Department (IMD) said the intensity of rains will increase throughout the day on Monday and issued alerts for various regions of Maharashtra.

    IMD has issued a red alert in Raigad district, orange alert in Ratnagiri, Sindhudurg, Pune ghat section, Satara ghat section, Kolhapur ghat section and yellow alert in Mumbai, Palghar, Thane, Nashik ghat section, Nagpur, Bhandara, Gondia, Gadchiroli.

    The weather bureau has predicted thunderstorms with lightning likely in Buldhana, Akola, Amravati, Washim, Yavatmal, Wardha, Nagpur, Bhandara, Gondia, Chandrapur and Gadchiroli districts.

    The Brihanmumbai Municipal Corporation (BMC) said on X, “The Indian Meteorological Department has issued a warning of heavy rains in Mumbai Metropolitan Region (Mumbai city and suburbs) for next three hours. For help in an emergency or for official, contact the BMC’s main control room helpline number 1916.”

    Due to the rain, the Central, Western and Harbour Railways in Mumbai are running late by 5 to 10 minutes. Heavy rainfall has been continuing in the Vasai-Virar area since Sunday evening, and many low-lying areas of the city have been submerged. As a result, traffic and normal life have been disrupted.

    Mumbai and Pune cities have been receiving continuous rain since the night. Heavy rain has been recorded in the Pune area since night, 113 mm of rain has been recorded in the Varandha Ghat Shirgaon area, while there has been a drizzle in the Mutha Ghat leading to Lavasa.

    The weather bureau has predicted that the intensity of rain will decrease in Mumbai and Thane on Tuesday and Wednesday, and the cities will witness moderate rain.

    (With inputs from IANS)

  • GRAP’s Stage 1 withdrawn from Delhi-NCR as AQI improves to ‘moderate’

    Source: Government of India

    Source: Government of India (4)

    Delhiites breathed cleaner air after showers on early Sunday prompting the Commission for Air Quality Management (CAQM) Sub-Committee on Graded Response Action Plan (GRAP) to revoke actions under Stage-I.

    “Today, Delhi’s Air Quality Index (AQI) of the day clocked 140 as per the daily AQI Bulletin provided by the Central Pollution Control Board (CPCB),” said Ministry of Environment, Forest and Climate Change.

    While comprehensively reviewing the overall air quality parameters in the region and other aspects, the Sub-Committee said, “AQI of Delhi has shown consistent improvement due to favourable meteorological conditions and the AQI of Delhi has been recorded as 140 for June 15 (in ‘Moderate’ category). Further, the forecast by IMD/IITM also predicts AQI to mainly remain in ‘Moderate’ category in coming days.”

    “Therefore, keeping in view this trend of improvement in the AQI of Delhi and also the forecasts by IMD/ IITM predicting the average air quality of Delhi to stay in ‘Moderate’ category in the coming days (for which forecast is available), the CAQM Sub-Committee on GRAP unanimously decided to revoke Stage-I of the extant schedule of GRAP in the entire NCR, with immediate effect,” the statement said.

    It was also stressed that all the agencies of the state governments/GNCTD in the NCR, need to ensure that all statutory directions, advisories and orders issued by the Commission are followed and implemented in right earnest to prevent the air quality from slipping to the ‘Poor’ category.

    The sub-committee said that all the agencies concerned are also required to take note of various actions and the targeted timelines as envisaged in the comprehensive policy issued by the Commission to curb air pollution in the NCR and take appropriate actions accordingly in the field, particularly the dust mitigation measures, the statement said.

    “The Sub-Committee, shall be keeping a close watch on the air quality scenario and review the situation from time to time for further appropriate decision depending upon the air quality in Delhi and forecast made available by IMD/ IITM,” it said.

    (With inputs from IANS)