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Category: Asia

  • MIL-OSI Analysis: Idi Amin made himself out to be the ‘liberator’ of an oppressed majority – a demagogic trick that endures today

    Source: The Conversation – Global Perspectives – By Derek R. Peterson, Ali Mazrui Professor of History & African Studies, University of Michigan

    Idi Amin addresses the United Nations General Assembly in 1975. Bettmann/Getty Images

    Fifty years ago, Ugandan President Idi Amin wrote to the governments of the British Commonwealth with a bold suggestion: Allow him to take over as head of the organization, replacing Queen Elizabeth II.

    After all, Amin reasoned, a collapsing economy had made the U.K. unable to maintain its leadership. Moreover the “British empire does not now exist following the complete decolonization of Britain’s former overseas territories.”

    It wasn’t Amin’s only attempt to reshape the international order. Around the same time, he called for the United Nations headquarters to be moved to Uganda’s capital, Kampala, touting its location at “the heart of the world between the continents of America, Asia, Australia and the North and South Poles.”

    Amin’s diplomacy aimed to place Kampala at the center of a postcolonial world. In my new book, “A Popular History of Idi Amin’s Uganda,” I show that Amin’s government made Uganda – a remote, landlocked nation – look like a frontline state in the global war against racism, apartheid and imperialism.

    Doing so was, for the Amin regime, a way of claiming a morally essential role: liberator of Africa’s hitherto oppressed people. It helped inflate his image both at home and abroad, allowing him to maintain his rule for eight calamitous years, from 1971 to 1979.

    The phony liberator?

    Amin was the creator of a myth that was both manifestly untrue and extraordinarily compelling: that his violent, dysfunctional regime was actually engaged in freeing people from foreign oppressors.

    The question of Scottish independence was one of his enduring concerns. The “people of Scotland are tired of being exploited by the English,” wrote Amin in a 1974 telegram to United Nations Secretary General Kurt Waldheim. “Scotland was once an independent country, happy, well governed and administered with peace and prosperity,” but under the British government, “England has thrived on the energies and brains of the Scottish people.”

    Even his cruelest policies were framed as if they were liberatory. In August 1972, Amin announced the summary expulsion of Uganda’s Asian community. Some 50,000 people, many of whom had lived in Uganda for generations, were given a bare three months to tie up their affairs and leave the country. Amin named this the “Economic War.”

    In the speech that announced the expulsions, Amin argued that “the Ugandan Africans have been enslaved economically since the time of the colonialists.” The Economic War was meant to “emancipate the Uganda Africans of this republic.”

    “This is the day of salvation for the Ugandan Africans,” he said. By the end of 1972, some 5,655 farms, ranches and estates had been vacated by the departed Asian community, and Black African proprietors were queuing up to take over Asian-run businesses.

    Ugandan Asian refugees arrive at an airport in the U.K. after being expelled from Uganda.
    P. Felix/Daily Express/Hulton Archive/Getty Images

    A year later, when Amin attended the Organization of African Unity summit in Addis Ababa, Ethiopia, his “achievements” were reported in a booklet published by the Uganda government. During his speech, Amin was “interrupted by thunderous applauses of acclamation and cheers, almost word for word, by Heads of State and Government and by everybody else who had a chance to hear it,” according to the the report.

    It was, wrote the government propagandist, “very clear that Uganda had emerged as the forefront of a True African State. It was clear that African nationalism had been born again. It was clear that the speech had brought new life to the freedom struggle in Africa.”

    Life at the front

    Amin’s policies were disastrous for all Ugandans, African and Asian alike. Yet his war of economic liberation was, for a time, a source of inspiration for activists around the world. Among the many people gripped by enthusiasm for Amin’s regime was Roy Innis, the Black American leader of the civil rights organization Congress of Racial Equality.

    In March 1973, Innis visited Uganda at Amin’s invitation. Innis and his colleagues had been pressing African governments to grant dual citizenship to Black Americans, just as Jewish Americans could earn citizenship from the state of Israel.

    Over the course of their 18 days in Uganda, the visiting Americans were shuttled around the country in Amin’s helicopter. Everywhere, Innis spoke with enthusiasm about Amin’s accomplishments. In a poem published in the pro-government Voice of Uganda around the time of his visit, Innis wrote:

    “Before, the life of your people was a complete bore,

    And they were poor, oppressed, exploited and economically sore.

    And you then came and opened new, dynamic economic pages.

    And showered progress on your people in realistic stages.

    In such expert moves that baffled even the great sages,

    your electric personality pronounced the imperialists’ doom.

    Your pragmatism has given Ugandans their economic boom.”

    In May 1973, Innis was back in Uganda, promising to recruit a contingent of 500 African American professors and technicians to serve in Uganda. Amin offered them free passage to Uganda, free housing and free hospital care for themselves and their families. The American weekly magazine Jet predicted that Uganda was soon to become an “African Israel,” a model nation upheld by the energies and knowledge of Black Americans.

    Roy Innis, national director of the Congress of Racial Equality, in 1972.
    Bettmann/Getty Images

    As some have observed, Innis was surely naive. But his enthusiasm was shared by a great many people, not least a great many Ugandans. Inspired by Amin’s promises, their energy and commitment kept institutions functioning in a time of great disruption. They built roads and stadiums, constructed national monuments and underwrote the running costs of government ministries.

    Patriotism and demagoguery

    Their ambitions were soon foreclosed by a rising tide of political dysfunction. Amin’s regime came to a violent end in 1979, when he was ousted by the invading army of Tanzania and fled Uganda.

    But his brand of demagoguery lives on. Today a new generation of demagogues claim to be fighting to liberate aggrieved majorities from outsiders’ control.

    In the 1970s, Amin enlisted Black Ugandans to battle against racial minorities who were said to dominate the economy and public life. Today an ascendant right wing encourages aggrieved white Americans to regard themselves as a majority dispossessed of their inheritance by greedy immigrants.

    Amin encouraged Ugandans to regard themselves as frontline soldiers, engaged in a globally consequential war against foreigners. In today’s America, some people similarly feel themselves deputized to take matters of state into their own hands. In January 2021, for instance, a right-wing group called “Stop the Steal” organized a rally in Washington. Vowing to “take our country back,” they stormed the Capitol building.

    The racialized demagoguery that Idi Amin promoted inspired the imagination of a great many people. It also fed violent campaigns to repossess a stolen inheritance, to reclaim properties that ought, in the view of the aggrieved majority, to belong to native sons and daughters. His regime is for us today a warning about the compelling power of demagoguery to shape people’s sense of purpose.

    Derek R. Peterson receives funding from the John D. and Catherine T. MacArthur Foundation and the Andrew Mellon Foundation.

    – ref. Idi Amin made himself out to be the ‘liberator’ of an oppressed majority – a demagogic trick that endures today – https://theconversation.com/idi-amin-made-himself-out-to-be-the-liberator-of-an-oppressed-majority-a-demagogic-trick-that-endures-today-256969

    MIL OSI Analysis –

    July 22, 2025
  • MIL-OSI United Kingdom: Occupied Palestinian Territories: joint statement, 21 July 2025

    Source: United Kingdom – Executive Government & Departments 3

    News story

    Occupied Palestinian Territories: joint statement, 21 July 2025

    The UK and 25 international partners gave a joint statement on the Occupied Palestinian Territories.

    Joint statement by:

    • foreign ministers of Australia, Austria, Belgium, Canada, Denmark, Estonia, Finland, France, Iceland, Ireland, Italy, Japan, Latvia, Lithuania, Luxembourg, The Netherlands, New Zealand, Norway, Poland, Portugal, Slovenia, Spain, Sweden, Switzerland and the UK
    • EU Commissioner for Equality, Preparedness and Crisis Management

    We, the signatories listed below, come together with a simple, urgent message: the war in Gaza must end now.

    The suffering of civilians in Gaza has reached new depths. The Israeli government’s aid delivery model is dangerous, fuels instability and deprives Gazans of human dignity. We condemn the drip feeding of aid and the inhumane killing of civilians, including children, seeking to meet their most basic needs of water and food. It is horrifying that over 800 Palestinians have been killed while seeking aid. The Israeli Government’s denial of essential humanitarian assistance to the civilian population is unacceptable. Israel must comply with its obligations under international humanitarian law.

    The hostages cruelly held captive by Hamas since 7 October 2023 continue to suffer terribly. We condemn their continued detention and call for their immediate and unconditional release. A negotiated ceasefire offers the best hope of bringing them home and ending the agony of their families.

    We call on the Israeli government to immediately lift restrictions on the flow of aid and to urgently enable the UN and humanitarian NGOs to do their life saving work safely and effectively.

    We call on all parties to protect civilians and uphold the obligations of international humanitarian law. Proposals to remove the Palestinian population into a “humanitarian city” are completely unacceptable. Permanent forced displacement is a violation of international humanitarian law.

    We strongly oppose any steps towards territorial or demographic change in the Occupied Palestinian Territories. The E1 settlement plan announced by Israel’s Civil Administration, if implemented, would divide a Palestinian state in two, marking a flagrant breach of international law and critically undermine the two-state solution. Meanwhile, settlement building across the West Bank including East Jerusalem has accelerated while settler violence against Palestinians has soared. This must stop.

    We urge the parties and the international community to unite in a common effort to bring this terrible conflict to an end, through an immediate, unconditional and permanent ceasefire. Further bloodshed serves no purpose.  We reaffirm our complete support to the efforts of the US, Qatar and Egypt to achieve this.

    We are prepared to take further action to support an immediate ceasefire and a political pathway to security and peace for Israelis, Palestinians and the entire region.

    This statement has been signed by: 

    • The Foreign Ministers of Australia, Austria, Belgium, Canada, Denmark, Estonia, Finland, France, Iceland, Ireland, Italy, Japan, Latvia, Lithuania, Luxembourg, The Netherlands, New Zealand, Norway, Poland, Portugal, Slovenia, Spain, Sweden, Switzerland and the UK 

    • The EU Commissioner for Equality, Preparedness and Crisis Management

    Media enquiries

    Email newsdesk@fcdo.gov.uk

    Telephone 020 7008 3100

    Email the FCDO Newsdesk (monitored 24 hours a day) in the first instance, and we will respond as soon as possible.

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    Published 21 July 2025

    MIL OSI United Kingdom –

    July 22, 2025
  • MIL-OSI Asia-Pac: Hostel scheme applications open

    Source: Hong Kong Information Services

    The Development Bureau and the Education Bureau announced that the Hostels in the City Scheme will start accepting applications today.

    Through the scheme, the Government has streamlined development control procedures to encourage and facilitate the market to convert commercial buildings into student hostels on a self-financing privately funded basis to increase the supply of hostel places, thereby strengthening Hong Kong’s position as an international hub for post-secondary education.

    Specifically, operators may make use of the facilitation measures under the scheme to apply for converting commercial buildings into eligible student hostels.

    In terms of planning procedures, the Town Planning Board has already expanded the definition of “Hotel” under the planning regime to cover eligible student hostels under the scheme. As a result, since “Hotel” is an always permitted use in most commercial sites, no planning procedures would be required for converting those commercial buildings into student hostels.

    Under the buildings regime, converted student hostels under the scheme will continue to be treated as non-domestic buildings for plot ratio and site coverage calculations, meaning that the existing gross floor area (GFA) of the commercial building can be retained.

    Moreover, facilities previously exempted from GFA calculations before conversion, such as car parking spaces and loading/unloading areas, can be retained and continue to be exempted from GFA calculation, so as to facilitate developers/operators to flexibly convert these facilities into facilities supporting hostel uses, such as gyms and study rooms, so that the hostel better suits the study and daily needs of the student tenants.

    In terms of land administration, most of the leases stated for non-industrial use allow student hostel use without the need for lease modification or payment of premiums. For the small number of cases where a lease modification is needed, the Lands Department will assess the amount of premium payment.

    The scheme welcomes wholesale conversion of an entire commercial building into a student hostel, while permitting partial conversion if specific conditions are fulfilled.

    Industrial buildings and buildings in industrial zonings are not eligible under the scheme. However, commercial buildings that have undergone wholesale conversions from industrial buildings located on non-industrial zonings would be eligible under the scheme, provided that the relevant land administration procedures have been completed.

    Interested developers/operators need to submit applications to the Education Bureau using a prescribed form, and fulfil eligibility criteria under the scheme.

    The Government has launched a dedicated website to announce the scheme’s details. The Education Bureau will also publish the list of student hostels with approvals secured on the website in the future.

    The Development Projects Facilitation Office under the Development Bureau will provide one-stop facilitation services to applicants, including handling enquiries related to facilitation measures and application progress.

    MIL OSI Asia Pacific News –

    July 22, 2025
  • MIL-OSI: AIXA Miner Launches XRP-Based Daily Income Model through One-Click BTC Cloud Mining Access

    Source: GlobeNewswire (MIL-OSI)

    Denver, Colorado, July 21, 2025 (GLOBE NEWSWIRE) — AIXA Miner, a next-generation cloud mining platform, has announced a strategic upgrade that enables XRP holders to generate daily income by participating in Bitcoin (BTC) cloud mining, with zero need for hardware, technical setup, or manual execution. This innovation is built upon the company’s high-performance computing infrastructure, automated reward engine, and fully compliant operational model.

    The new feature allows users to recharge their XRP directly into the AIXA Miner platform, select a cloud mining contract, and activate it with a single click. Earnings are calculated and distributed automatically via smart contract, providing a frictionless, secure, and transparent income stream that settles in real time.

    “Our vision has always been to remove complexity from the mining process while expanding access to sustainable crypto income,” said a spokesperson from AIXA Miner’s Engineering and Innovation Division. “This XRP-to-BTC model represents a major step in that direction—offering ease of use, consistent rewards, and global scalability.”

    The platform’s “remote start, real-time settlement” system bridges the gap between utility tokens and traditional mining assets, unlocking new value for XRP holders who may not have previously engaged in mining due to technical or financial barriers. AIXA Miner’s automated backend handles all aspects of the mining lifecycle: resource allocation, reward calculation, transaction processing, and energy load balancing.

    At the heart of this offering is a scalable AI-driven infrastructure designed to maximize mining output while minimizing downtime and operational waste. Users can begin participating by simply selecting their XRP deposit amount and preferred contract duration. Once activated, the smart contract immediately begins routing power toward BTC mining, and users receive daily payouts without further input.

    The ability to leverage XRP for BTC mining is particularly relevant in today’s dynamic crypto landscape. XRP’s fast transaction speed and low fees make it an ideal vehicle for initiating on-chain actions, while BTC continues to serve as the leading proof-of-work asset with consistent block rewards and market stability.

    This convergence is managed entirely through AIXA Miner’s platform, which serves as an intelligent orchestration layer. All contracts are executed under a compliant framework, with built-in safeguards for reward delivery, user data protection, and asset traceability. The company operates under strict protocols for transparency, offering users real-time access to performance metrics and income histories via its dashboard.

    AIXA Miner’s global data centers are powered primarily by clean energy sources, including hydroelectric, solar, and wind. These facilities—located strategically in the U.S., Southeast Asia, and South America—form the backbone of the company’s sustainable cloud mining architecture. As the energy demands of BTC mining continue to rise, AIXA Miner’s use of renewable resources ensures that scalability does not come at the expense of environmental integrity.

    In line with the platform’s commitment to green blockchain innovation, users participating in XRP-initiated contracts will also have access to insights about energy sourcing and sustainability data linked to each mining location. This transparency supports a growing demand from environmentally conscious participants who value ethical practices in digital finance.

    The new XRP-based mining plans come with varied durations, allowing users to select short, medium, or longer-term commitments based on their liquidity and earnings preferences. The flexibility of these contracts reflects AIXA Miner’s mission to serve a broad spectrum of users—from first-time participants to seasoned crypto investors seeking high profit platforms that are automated, secure, and optimized.

    By removing the need to invest in expensive hardware, configure mining pools, or maintain physical equipment, AIXA Miner simplifies the entry point to passive income generation. The only requirement is an XRP balance and a few minutes to complete the contract initiation process. From there, daily rewards begin accumulating immediately and are delivered automatically, 24/7.

    “This integration makes it possible for users to transform their XRP holdings into a reliable income channel without selling their assets or engaging in high-risk market behavior,” the spokesperson added. “It’s a utility upgrade, a compliance upgrade, and a user experience upgrade—wrapped into one.”

    With this feature now live, AIXA Miner continues to lead the evolution of intelligent, accessible crypto infrastructure, designed to support long-term growth through automation, sustainability, and global interoperability.

    Media Contact:
    PR Division
    info@aixaminer.com
    https://aixaminer.com

    Attachment

    • AIXA Miner

    The MIL Network –

    July 22, 2025
  • MIL-OSI Submissions: ‘Democratizing space’ is more than just adding new players – it comes with questions around sustainability and sovereignty

    Source: The Conversation – USA – By Timiebi Aganaba, Assistant Professor of Space and Society, Arizona State University

    A group of people gaze up at the Moon in Germany. AP Photo/Markus Schreiber

    “India is on the Moon,” S. Somanath, chairman of the Indian Space Research Organization, announced in August 2023. The announcement meant India had joined the short list of countries to have visited the Moon, and the applause and shouts of joy that followed signified that this achievement wasn’t just a scientific one, but a cultural one.

    India’s successful lunar landing prompted celebrations across the country, like this one in Mumbai.
    AP Photo/Rajanish Kakade

    Over the past decade, many countries have established new space programs, including multiple African nations. India and Israel – nations that were not technical contributors to the space race in the 1960s and ‘70s – have attempted landings on the lunar surface.

    With more countries joining the evolving space economy, many of our colleagues in space strategy, policy ethics and law have celebrated the democratization of space: the hope that space is now more accessible for diverse participants.

    We are a team of researchers based across four countries with expertise in space policy and law, ethics, geography and anthropology who have written about the difficulties and importance of inclusion in space.

    Major players like the U.S., the European Union and China may once have dominated space and seen it as a place to try out new commercial and military ventures. Emerging new players in space, like other countries, commercial interests and nongovernmental organizations, may have other goals and rationales. Unexpected new initiatives from these newcomers could shift perceptions of space from something to dominate and possess to something more inclusive, equitable and democratic.

    We address these emerging and historical tensions in a paper published in May 2025 in the journal Nature, in which we describe the difficulties and importance of including nontraditional actors and Indigenous peoples in the space industry.

    Continuing inequalities among space players

    Not all countries’ space agencies are equal. Newer agencies often don’t have the same resources behind them that large, established players do.

    The U.S. and Chinese programs receive much more funding than those of any other country. Because they are most frequently sending up satellites and proposing new ideas puts them in the position to establish conventions for satellite systems, landing sites and resource extraction that everyone else may have to follow.

    Sometimes, countries may have operated on the assumption that owning a satellite would give them the appearance of soft or hard geopolitical power as a space nation – and ultimately gain relevance.

    Small satellites, called CubeSats, are becoming relatively affordable and easy to develop, allowing more players, from countries and companies to universities and student groups, to have a satellite in space.
    NASA/Butch Wilmore, CC BY-NC

    In reality, student groups of today can develop small satellites, called CubeSats, autonomously, and recent scholarship has concluded that even successful space missions may negatively affect the international relationships between some countries and their partners. The respect a country expects to receive may not materialize, and the costs to keep up can outstrip gains in potential prestige.

    Environmental protection and Indigenous perspectives

    Usually, building the infrastructure necessary to test and launch rockets requires a remote area with established roads. In many cases, companies and space agencies have placed these facilities on lands where Indigenous peoples have strong claims, which can lead to land disputes, like in western Australia.

    Many of these sites have already been subject to human-made changes, through mining and resource extraction in the past. Many sites have been ground zero for tensions with Indigenous peoples over land use. Within these contested spaces, disputes are rife.

    Because of these tensions around land use, it is important to include Indigenous claims and perspectives. Doing so can help make sure that the goal of protecting the environments of outer space and Earth are not cast aside while building space infrastructure here on Earth.

    Some efforts are driving this more inclusive approach to engagement in space, including initiatives like “Dark and Quiet Skies”, a movement that works to ensure that people can stargaze and engage with the stars without noise or sound pollution. This movement and other inclusive approaches operate on the principle of reciprocity: that more players getting involved with space can benefit all.

    Researchers have recognized similar dynamics within the larger space industry. Some scholars have come to the conclusion that even though the space industry is “pay to play,” commitments to reciprocity can help ensure that players in space exploration who may not have the financial or infrastructural means to support individual efforts can still access broader structures of support.

    The downside of more players entering space is that this expansion can make protecting the environment – both on Earth and beyond – even harder.

    The more players there are, at both private and international levels, the more difficult sustainable space exploration could become. Even with good will and the best of intentions, it would be difficult to enforce uniform standards for the exploration and use of space resources that would protect the lunar surface, Mars and beyond.

    It may also grow harder to police the launch of satellites and dedicated constellations. Limiting the number of satellites could prevent space junk, protect the satellites already in orbit and allow everyone to have a clear view of the night sky. However, this would have to compete with efforts to expand internet access to all.

    The amount of space junk in orbit has increased dramatically since the 1960s.

    What is space exploration for?

    Before tackling these issues, we find it useful to think about the larger goal of space exploration, and what the different approaches are. One approach would be the fast and inclusive democratization of space – making it easier for more players to join in. Another would be a more conservative and slower “big player” approach, which would restrict who can go to space.

    The conservative approach is liable to leave developing nations and Indigenous peoples firmly on the outside of a key process shaping humanity’s shared future.

    But a faster and more inclusive approach to space would not be easy to run. More serious players means it would be harder to come to an agreement about regulations, as well as the larger goals for human expansion into space.

    Narratives around emerging technologies, such as those required for space exploration, can change over time, as people begin to see them in action.

    Technology that we take for granted today was once viewed as futuristic or fantastical, and sometimes with suspicion. For example, at the end of the 1940s, George Orwell imagined a world in which totalitarian systems used tele-screens and videoconferencing to control the masses.

    Earlier in the same decade, Thomas J. Watson, then president of IBM, notoriously predicted that there would be a global market for about five computers. We as humans often fear or mistrust future technologies.

    However, not all technological shifts are detrimental, and some technological changes can have clear benefits. In the future, robots may perform tasks too dangerous, too difficult or too dull and repetitive for humans. Biotechnology may make life healthier. Artificial intelligence can sift through vast amounts of data and turn it into reliable guesswork. Researchers can also see genuine downsides to each of these technologies.

    Space exploration is harder to squeeze into one streamlined narrative about the anticipated benefits. The process is just too big and too transformative.

    To return to the question if we should go to space, our team argues that it is not a question of whether or not we should go, but rather a question of why we do it, who benefits from space exploration and how we can democratize access to broader segments of society. Including a diversity of opinions and viewpoints can help find productive ways forward.

    Ultimately, it is not necessary for everyone to land on one single narrative about the value of space exploration. Even our team of four researchers doesn’t share a single set of beliefs about its value. But bringing more nations, tribes and companies into discussions around its potential value can help create collaborative and worthwhile goals at an international scale.

    Tony Milligan receives funding from the European Research Council (ERC) under the European Union’s Horizon 2020 research and innovation programme (Grant agreement No. 856543).

    Adam Fish, Deondre Smiles, and Timiebi Aganaba do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. ‘Democratizing space’ is more than just adding new players – it comes with questions around sustainability and sovereignty – https://theconversation.com/democratizing-space-is-more-than-just-adding-new-players-it-comes-with-questions-around-sustainability-and-sovereignty-257306

    MIL OSI –

    July 22, 2025
  • MIL-OSI Submissions: ‘Democratizing space’ is more than just adding new players – it comes with questions around sustainability and sovereignty

    Source: The Conversation – USA – By Timiebi Aganaba, Assistant Professor of Space and Society, Arizona State University

    A group of people gaze up at the Moon in Germany. AP Photo/Markus Schreiber

    “India is on the Moon,” S. Somanath, chairman of the Indian Space Research Organization, announced in August 2023. The announcement meant India had joined the short list of countries to have visited the Moon, and the applause and shouts of joy that followed signified that this achievement wasn’t just a scientific one, but a cultural one.

    India’s successful lunar landing prompted celebrations across the country, like this one in Mumbai.
    AP Photo/Rajanish Kakade

    Over the past decade, many countries have established new space programs, including multiple African nations. India and Israel – nations that were not technical contributors to the space race in the 1960s and ‘70s – have attempted landings on the lunar surface.

    With more countries joining the evolving space economy, many of our colleagues in space strategy, policy ethics and law have celebrated the democratization of space: the hope that space is now more accessible for diverse participants.

    We are a team of researchers based across four countries with expertise in space policy and law, ethics, geography and anthropology who have written about the difficulties and importance of inclusion in space.

    Major players like the U.S., the European Union and China may once have dominated space and seen it as a place to try out new commercial and military ventures. Emerging new players in space, like other countries, commercial interests and nongovernmental organizations, may have other goals and rationales. Unexpected new initiatives from these newcomers could shift perceptions of space from something to dominate and possess to something more inclusive, equitable and democratic.

    We address these emerging and historical tensions in a paper published in May 2025 in the journal Nature, in which we describe the difficulties and importance of including nontraditional actors and Indigenous peoples in the space industry.

    Continuing inequalities among space players

    Not all countries’ space agencies are equal. Newer agencies often don’t have the same resources behind them that large, established players do.

    The U.S. and Chinese programs receive much more funding than those of any other country. Because they are most frequently sending up satellites and proposing new ideas puts them in the position to establish conventions for satellite systems, landing sites and resource extraction that everyone else may have to follow.

    Sometimes, countries may have operated on the assumption that owning a satellite would give them the appearance of soft or hard geopolitical power as a space nation – and ultimately gain relevance.

    Small satellites, called CubeSats, are becoming relatively affordable and easy to develop, allowing more players, from countries and companies to universities and student groups, to have a satellite in space.
    NASA/Butch Wilmore, CC BY-NC

    In reality, student groups of today can develop small satellites, called CubeSats, autonomously, and recent scholarship has concluded that even successful space missions may negatively affect the international relationships between some countries and their partners. The respect a country expects to receive may not materialize, and the costs to keep up can outstrip gains in potential prestige.

    Environmental protection and Indigenous perspectives

    Usually, building the infrastructure necessary to test and launch rockets requires a remote area with established roads. In many cases, companies and space agencies have placed these facilities on lands where Indigenous peoples have strong claims, which can lead to land disputes, like in western Australia.

    Many of these sites have already been subject to human-made changes, through mining and resource extraction in the past. Many sites have been ground zero for tensions with Indigenous peoples over land use. Within these contested spaces, disputes are rife.

    Because of these tensions around land use, it is important to include Indigenous claims and perspectives. Doing so can help make sure that the goal of protecting the environments of outer space and Earth are not cast aside while building space infrastructure here on Earth.

    Some efforts are driving this more inclusive approach to engagement in space, including initiatives like “Dark and Quiet Skies”, a movement that works to ensure that people can stargaze and engage with the stars without noise or sound pollution. This movement and other inclusive approaches operate on the principle of reciprocity: that more players getting involved with space can benefit all.

    Researchers have recognized similar dynamics within the larger space industry. Some scholars have come to the conclusion that even though the space industry is “pay to play,” commitments to reciprocity can help ensure that players in space exploration who may not have the financial or infrastructural means to support individual efforts can still access broader structures of support.

    The downside of more players entering space is that this expansion can make protecting the environment – both on Earth and beyond – even harder.

    The more players there are, at both private and international levels, the more difficult sustainable space exploration could become. Even with good will and the best of intentions, it would be difficult to enforce uniform standards for the exploration and use of space resources that would protect the lunar surface, Mars and beyond.

    It may also grow harder to police the launch of satellites and dedicated constellations. Limiting the number of satellites could prevent space junk, protect the satellites already in orbit and allow everyone to have a clear view of the night sky. However, this would have to compete with efforts to expand internet access to all.

    The amount of space junk in orbit has increased dramatically since the 1960s.

    What is space exploration for?

    Before tackling these issues, we find it useful to think about the larger goal of space exploration, and what the different approaches are. One approach would be the fast and inclusive democratization of space – making it easier for more players to join in. Another would be a more conservative and slower “big player” approach, which would restrict who can go to space.

    The conservative approach is liable to leave developing nations and Indigenous peoples firmly on the outside of a key process shaping humanity’s shared future.

    But a faster and more inclusive approach to space would not be easy to run. More serious players means it would be harder to come to an agreement about regulations, as well as the larger goals for human expansion into space.

    Narratives around emerging technologies, such as those required for space exploration, can change over time, as people begin to see them in action.

    Technology that we take for granted today was once viewed as futuristic or fantastical, and sometimes with suspicion. For example, at the end of the 1940s, George Orwell imagined a world in which totalitarian systems used tele-screens and videoconferencing to control the masses.

    Earlier in the same decade, Thomas J. Watson, then president of IBM, notoriously predicted that there would be a global market for about five computers. We as humans often fear or mistrust future technologies.

    However, not all technological shifts are detrimental, and some technological changes can have clear benefits. In the future, robots may perform tasks too dangerous, too difficult or too dull and repetitive for humans. Biotechnology may make life healthier. Artificial intelligence can sift through vast amounts of data and turn it into reliable guesswork. Researchers can also see genuine downsides to each of these technologies.

    Space exploration is harder to squeeze into one streamlined narrative about the anticipated benefits. The process is just too big and too transformative.

    To return to the question if we should go to space, our team argues that it is not a question of whether or not we should go, but rather a question of why we do it, who benefits from space exploration and how we can democratize access to broader segments of society. Including a diversity of opinions and viewpoints can help find productive ways forward.

    Ultimately, it is not necessary for everyone to land on one single narrative about the value of space exploration. Even our team of four researchers doesn’t share a single set of beliefs about its value. But bringing more nations, tribes and companies into discussions around its potential value can help create collaborative and worthwhile goals at an international scale.

    Tony Milligan receives funding from the European Research Council (ERC) under the European Union’s Horizon 2020 research and innovation programme (Grant agreement No. 856543).

    Adam Fish, Deondre Smiles, and Timiebi Aganaba do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. ‘Democratizing space’ is more than just adding new players – it comes with questions around sustainability and sovereignty – https://theconversation.com/democratizing-space-is-more-than-just-adding-new-players-it-comes-with-questions-around-sustainability-and-sovereignty-257306

    MIL OSI –

    July 22, 2025
  • MIL-OSI: Moomoo And New York Mets Unveil Display at Citi Field: A Bold New Presence at The Ballpark

    Source: GlobeNewswire (MIL-OSI)

    JERSEY CITY, N.J., July 21, 2025 (GLOBE NEWSWIRE) — moomoo, the global investment and trading platform, has unveiled a new, 36-foot high, double-sided display at Citi Field as part of its multi-year collaboration with the New York Mets. First displayed on July 18, the vibrant orange moomoo logo now adds a bright pop of color to the ballpark’s dynamic visual landscape. This prominent signage, complemented by the moomoo mascot, ribbon displays, and immersive billboard advertisements, significantly amplifies moomoo’s brand visibility and recognition among millions of baseball fans at Citi Field.

    Caption: Moomoo’s prominent 36-foot high signage lights up Citi Field

    With an average attendance of over 38,603 fans per game and 80 home games this season, the stadium brings extensive brand exposure to moomoo. Announced in April, the cross-sector collaboration between moomoo and the Mets also gives thousands of baseball fans the opportunity to watch the game in the moomoo Suite throughout the season. With this opportunity, fans have access to premium seats while enjoying best in class in-game entertainment, top tier dining options and exciting on-field performance.

    Since the start of the baseball season, moomoo has seen a significant increase in app downloads, brand visibility in various channels, and welcomes the opportunity to provide advanced tools and features, a global community of over 26 million investors, and free educational resources to beginner and advanced investors alike.

    Mets pitcher Edwin Diaz stars in a new commercial for moomoo, where the All-Star reliever details similarities between closing and stock trading: reading the game, analyzing opportunities, timing the moment, and moving with accuracy.

    “During this exciting season, moomoo is continuing its engagement with New York communities, and we have gained more opportunities to do investor education. We are delighted to see more and more people getting to know moomoo and understand our business philosophy through our collaboration with the Mets,” said Neil McDonald, CEO at Moomoo Financials Inc. “We believe that through learning and practice on the moomoo platform, which offers a variety of investment tools, investors can ultimately invest like professional investors.”

    “This new signage marks an exciting next step in the growth of our partnership with moomoo and will help enhance their brand visibility around the ballpark,” said Brenden Mallette, Senior Vice President of Partnerships at the New York Mets. “We’ve seen great engagement from our fans over the past few months and look forward to bringing more exciting moments to moomoo investors and Mets fans.”

    For every Mets win, $10,000 will be added to a special fund, culminating in a potential $1 million grand prize for one lucky moomoo investor if the team reaches 100 regular season victories*. In addition to organizing special events, moomoo offers various giveaways. These include 500 free game tickets on “moomoo Mondays” throughout the season for moomoo users** and the opportunity to score exclusive Mets x moomoo merch.

    *Terms and conditions apply (https://terms.easypromosapp.com/t/68294).

    ** Limited to Moomoo Financial Inc customers residing in tri-state area (NY, NJ, CT, and PA). Terms and conditions apply (https://www.moomoo.com/us/support/topic4_591?_ftsdk=1747041092307575 ).

    About moomoo

    Moomoo is a leading global investment and trading platform dedicated to empowering investors with user-friendly tools, data, and insights. Our platform is designed to provide essential information and technology, enabling users to make more-informed investment decisions. With advanced charting tools, pro-level analytical features, moomoo evolves alongside our users, fostering a dynamic community where investors can share, learn, and grow together.

    Founded in the US, moomoo operates globally, serving investors in countries such as the US, Singapore, Australia, Japan, Canada and Malaysia. As a subsidiary of a Nasdaq-listed Futu Holdings (FUTU), we take pride in our role as a global strategic partner of the Nasdaq, earning numerous international accolades from renowned industry leaders such as Benzinga and Fintech Breakthrough. Moomoo has also received multiple awards in the US, Singapore, and Australia for its innovative, inclusive approach to investing.

    Contact:

    For more information, please visit moomoo’s official website at www.moomoo.com or contact us at pr@moomoo.com

    For the New York Mets questions, please contact:

    Katie Agostin
    Manager, Communications
    New York Mets
    kagostin@nymets.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b0159404-1710-4d0e-a6f8-ed195a0a3723

    The MIL Network –

    July 22, 2025
  • MIL-OSI: Bitget Wallet Report Reveals Gaming and Travel Are Top Crypto Payment Interests

    Source: GlobeNewswire (MIL-OSI)

    SAN SALVADOR, El Salvador, July 21, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, the leading non-custodial crypto wallet, has released its third Onchain Report—Crypto Payment Use Cases—providing a detailed look into how global users want to spend their digital assets. Based on a survey of 4,599 crypto wallet users conducted in early 2025, the report highlights that gaming (36%), daily purchases (35%), and travel bookings (35%) are the top categories where users express the strongest interest in paying with crypto. The results point to a demand for practical, day-to-day applications of digital assets in both online and offline environments.

    The report captures preferences across generational cohorts. Gen Z (aged 18–29) shows strong interest in social and entertainment-driven use cases, including gaming and gifting. Millennials (30–44) express more diversified use across travel, subscriptions, and digital goods. Gen X (45+) favors high-value or essential categories such as travel (40%), digital products, and real estate. This distribution reflects the need for flexible and secure crypto payment experiences tailored to different life stages and priorities.

    Regional analysis reveals varied motivations shaped by infrastructure and local behavior. Southeast Asia ranks highest for gaming (41%) and gifting, reflecting a young, mobile-first population and strong adoption of digital wallets and play-to-earn models. In East Asia, daily purchases and digital product spending both reached 41%—the highest globally—supported by robust QR payment systems and e-commerce integration. Africa stands out for education-related payments (38%), a reflection of crypto’s role in improving access to cross-border services in underbanked environments. Latin America leads in digital product purchases (38%) and online shopping (35%), pointing to crypto’s utility in inflation-prone markets. Meanwhile, the Middle East shows distinct demand for luxury and lifestyle-related purchases, with 31% interested in buying high-end goods and 29% in cars with crypto.

    “Crypto payments are no longer a fringe behavior — they’re becoming embedded in how people transact across regions and age groups,” said Jamie Elkaleh, CMO of Bitget Wallet. “What users are asking for is reliability, compatibility, and control. Whether it’s a QR code at checkout or a stablecoin-powered purchase online, the expectation is that spending crypto should feel as seamless as spending cash. The challenge for wallets is to meet that expectation without compromising the principles of self-custody.”

    Bitget Wallet is expanding its PayFi infrastructure to meet this demand, most recently with the rollout of a crypto-linked card powered by Mastercard, enabling users to spend digital assets at over 150 million merchants worldwide. The non-custodial wallet also supports QR-based payments across blockchain-native systems such as Solana Pay and national QR standards in select markets, allowing users to pay in crypto while merchants receive fiat. Through its in-app Shop section, users can directly purchase lifestyle goods, mobile top-ups, game credits, digital subscriptions and book flight tickets and hotels using stablecoins like USDT or USDC.

    To read to full report, please visit Bitget Wallet blog.

    About Bitget Wallet
    Bitget Wallet is a non-custodial crypto wallet designed to make crypto simple and secure for everyone. With over 80 million users, it brings together a full suite of crypto services, including swaps, market insights, staking, rewards, DApp exploration, and payment solutions. Supporting 130+ blockchains and millions of tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges. Backed by a $300+ million user protection fund, it ensures the highest level of security for users’ assets. Its vision is Crypto for Everyone — to make crypto simpler, safer, and part of everyday life for a billion people.

    For more information, visit: X | Telegram | Instagram | YouTube | LinkedIn | TikTok | Discord | Facebook

    For media inquiries, contact media.web3@bitget.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ad0a7007-06f3-4d01-b461-4009d622f569

    The MIL Network –

    July 22, 2025
  • MIL-OSI: ETHRANSACTION launches a path for XRP holders to secure wealth that is stable and unaffected by market volatility

    Source: GlobeNewswire (MIL-OSI)

    Boston, Massachusetts, July 21, 2025 (GLOBE NEWSWIRE) — ETHRANSACTION has launched a new way for the holders of XRP to gain more rewards on their holding as the XRP is experiencing an unprecedented wave of institutional adoption, more than 50 international banks and payment companies around the world have integrated XRP into cross-border settlement networks.

    In this context, the ETHRANSACTION cloud mining platform has attracted XRP holders seeking stable passive income with its unique advantages. Through the innovative cloud mining model, investors can convert their XRP holdings into digital assets that continue to generate income without having to deal with hardware equipment or technical problems.

    XRP market status and investor dilemma
    In the wave of digitalization of the global financial system, XRP is quietly reshaping the international payment landscape. Behind this change is the increasingly close cooperation between Ripple and Asian and European banks, which has significantly increased the practical application of XRP in cross-border transactions.

    Compared with the traditional SWIFT system, XRP not only significantly reduces processing fees, but also shortens transaction time from days to seconds.

    However, investors’ dilemmas are hidden under the surface prosperity of the market. Data from June 2025 showed that the price of XRP fluctuated by more than 45% within 30 days, and short-term investors faced huge risks.

    At the same time, the regulatory environment remains complex. Although the long-term lawsuit between the US SEC and Ripple has come to an end, the Hong Kong Securities and Futures Commission is considering introducing virtual asset derivatives trading for professional investors and plans to issue a second policy declaration on the development of virtual assets.

    These policy changes have added uncertainty to the market.

    The traditional mining model is even less friendly to XRP holders. The cost of mining machines remains high. An efficient Bitcoin mining machine costs more than $6,000. Coupled with high electricity and maintenance costs, ordinary investors are discouraged.

    Faced with market fluctuations and the limitations of traditional investment channels, XRP holders are in urgent need of a stable income channel. They need a solution that can not only utilize their XRP assets but also avoid drastic market fluctuations.

    ETHRANSACTION cloud mining service platform has become the rational and best choice in this context.

    ETHRANSACTION platform core advantages
    Founded in the UK in 2017, ETHRANSACTION is a global leading cloud mining platform. It has been certified by the UK regulator and has more than 8 million users in more than 180 countries and regions. The platform has designed a safe, stable and efficient income system for XRP holders.

    Security and compliance protection
    Financial institution-level protection: The platform adopts a multi-level security architecture, including SSL encryption, L&G insurance and a 24/7 all-weather monitoring system to ensure the security of user funds and information. All user assets are protected by insurance companies, which is rare in the cloud mining industry.

    Regulatory compliance: ETHRANSACTION holds a UK financial regulatory license and strictly complies with Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations. This compliance allows institutional investors to participate with peace of mind.

    Transparent operation mechanism: The platform’s investment income is settled daily, users can view daily profit details in real time, and all capital flows are transparent and traceable.

    Convenient and stable experience
    Zero technical threshold: Users do not need to purchase expensive mining machines or have professional mining knowledge. Just register an account to get a fully automatic cloud mining experience.

    AI intelligent scheduling: The platform uses artificial intelligence technology to automatically select the best currency and mining pool according to market conditions and network difficulty to maximize high-efficiency returns.

    Multi-currency support: The platform supports more than 10 mainstream cryptocurrencies, including XRP, BTC, ETH, DOGE, etc., to meet the preferences of different users.

    Stable operation guarantee: Globally deployed cloud servers ensure 100% uptime of the platform, and any technical problems are handled immediately by 24/7 online technical support.

    Transparent and stable returns
    Unlike the volatile cryptocurrency market, ETHRANSACTION provides fixed-rate contracts. After users invest XRP to purchase a mining contract, they can obtain the agreed returns regardless of whether the market rises or falls the next day.

    Diversified contract plans and flexible participation methods
    ETHRANSACTION has designed a tiered contract plan for XRP holders of different fund sizes, from a novice experience of $19 to a professional-level investment of $570,000, all of which provide clear and transparent return expectations.

    Each contract on the platform is clearly priced like a financial product, with no hidden fees or complex terms. This transparency is particularly valuable in the cryptocurrency field.

    · Contract investment price $100, contract term 2 days, daily income $9, total income $100+$18.

    · Contract investment price $600.00, contract term 5 days, daily income $7.5, total income $600.00 + $37.5.

    · Contract investment price $1300, contract term 14 days, daily income $16.9, total income $1300 + $236.6.

    The common advantage of all contracts is that profits are automatically settled every 24 hours. When the account balance reaches the threshold of $100, users can choose to withdraw to a crypto wallet or reinvest to purchase more contracts.

    Registration and rewards: New users will receive a $19 bonus upon registration, and can earn $0.9 income by logging in daily to purchase a $19 trial contract.

    XRP top-up: Deposit XRP directly through a supported wallet, and the platform will automatically convert it into mining computing power.

    Contract selection: Choose a suitable plan based on risk preference and fund size, and purchase with one click.

    Sit back and enjoy the benefits: The system runs automatically and starts to generate profits the next day. Users can check the income data at any time.

    Affiliate program: a participation path without investment
    For users who are temporarily unwilling to invest funds, the platform provides an innovative affiliate referral program. By promoting new users, participants can receive commissions of up to $370,000.

    ETHRANSACTION Cloud mining platform that creates new paths to wealth
    In the wave of digital financial transformation, ETHRANSACTION has opened up a stable income channel for XRP holders that is resistant to market fluctuations. This innovative model perfectly combines the stability of traditional finance with the high growth potential of cryptocurrency.

    The core value of the platform lies in that it solves the fundamental dilemma faced by XRP investors – how to achieve asset appreciation without exposing market risks. By converting XRP into mining power, investors no longer need to keep an eye on price charts and can sleep peacefully every night, knowing that their accounts will increase stable income the next day.

    ETHRANSACTION’s compliance and stability will become its long-term competitive advantage.

    Looking forward, choosing a platform like ETHRANSACTION that has a UK regulatory license, insurance company guarantees and a transparent operating mechanism will become a rational choice for XRP holders to avoid market fluctuations and achieve wealth growth.

    ETHRANSACTION cloud mining platform is providing such a path for XRP holders around the world – there is no need to abandon the XRP holdings of faith, just add a layer of armor of stable income.
    For more information, please visit the official website: https://ethransaction.vip
    Send corporate email consultation: info@ethransaction.vip

    Attachment

    • ETHRANSACTION

    The MIL Network –

    July 22, 2025
  • MIL-OSI Submissions: BBC Verify largely factchecks international stories – what about UK politics?

    Source: The Conversation – UK – By Stephen Cushion, Professor, Cardiff School of Journalism, Media and Culture, Cardiff University

    In a world of fake news and disinformation, factchecking claims and the veracity of images has become an important part of impartial journalism. People invest their trust in information sources they believe are accurate.

    With this in mind, the BBC launched its Verify service in May 2023. Its more than 60 journalists routinely factcheck, verify videos, counter disinformation, analyse data and explain complex stories.

    Then in June 2025, the BBC launched Verify Live, a blog that tells audiences in real time what claims they are investigating and how they are being checked.

    At the Cardiff School of Journalism, Media and Culture at Cardiff University we have been monitoring BBC Verify since its launch. And we have systematically tracked the first month of BBC Verify Live from June 3-27 this year, examining all 244 blog posts as well as the hundreds of claims and sources that featured.

    We’ve found that the service places a heavy emphasis on foreign affairs. We argue that it could (and should) be used more to factcheck UK politics, enhancing the quality of the BBC’s impartiality journalism and serving the public service broadcaster’s domestic audiences.


    Get your news from actual experts, straight to your inbox. Sign up to our daily newsletter to receive all The Conversation UK’s latest coverage of news and research, from politics and business to the arts and sciences.


    Our analysis found international stories made up 71% of all BBC Verify Live coverage. The coverage largely focused on verifying international conflicts and humanitarian crises, from the Middle East and Ukraine to the recent plane crash in India.

    This might reflect the large number of major international stories that occurred over the first month of BBC Verify Live’s launch. But the emphasis on foreign news was also evident in our analysis of the main BBC Verify service over the last 18 months. We monitored how much the factchecking service appeared on the BBC’s News at Ten, and found it was used more often in coverage of foreign affairs.

    One exception was during the 2024 general election campaign, when BBC Verify was used to challenge politicians’ claims, and scrutinise policies around migration and the economy. BBC Verify has also covered recent major political developments, like the budget and announcements of flagship government policy.

    The emphasis on covering international conflicts is consistent with its editorial mission to “analyse satellite imagery, investigate AI-generated content, factcheck claims and verify videos when news breaks”. BBC Verify regularly uses satellite mapping and geolocation data, which most newsrooms do not have at their disposal, to factcheck images and social media posts.

    However, the resources and expertise Verify has could also be used to more regularly factcheck false or misleading claims in domestic political issues. This could be important to building audience trust at a time when the BBC’s impartiality is regularly questioned, while helping people better understand political debates in the UK.

    Our past research with media users suggests they want journalists to be bolder and more transparent when assessing the credibility of politicians’ competing claims. BBC Verify is a logical tool to do this.

    Two years after it launched, Verify is considered one of the most trusted factchecking sources in the UK by the University of Oxford’s Reuters Institute for the Study of Journalism and the most used by media regulator Ofcom.

    BBC Verify has proved it can effectively use its resources and expertise to unpack and challenge domestic political claims – covering the spending review and party manifestos ahead of the 2024 general election. We have previously analysed how BBC Verify robustly challenged a misleading Conservative party claim about a future Labour government raising taxes during the election campaign.

    Interrogating real-time claims

    BBC Verify Live takes a variety of approaches to its analysis of real-time claims. We assessed all claims appearing in blogs throughout most of June 2025 and discovered that 22% were challenged to some extent (found to be inaccurate), while 23% were upheld (considered accurate) and 13% partially upheld.

    Meanwhile, 10% were still being verified at the time the blog was posted (but may have been upheld or challenged in subsequent coverage), and 12% had additional context added to them. One fifth of all claims were not subject to any clear judgement about their accuracy.

    BBC Verify Live most often used the UK or official foreign governments, and their militaries or agencies, as the main corroborating sources to factcheck claims, or the focus of the claim being investigated in some stories. These made up well over three quarters of sources in factchecking coverage. There was, comparatively, limited use of think tanks, policy institutes, nongovernmental organisations, experts, academics or eyewitnesses.

    Just over one in ten claims had additional context added to them (as opposed to verifying or challenging a claim). This was most often the case in blogs about domestic affairs and rival political claims.

    Given the recent cuts to the BBC’s World Service, Verify’s international news agenda will bolster the public service broadcaster’s worldwide profile and credibility. Yet, for BBC Verify to enhance impartiality and trust with domestic audiences, we would argue it should play a more prominent role in routine political reporting, not just during elections or high-profile stories.

    Stephen Cushion has received funding from the BBC Trust, Ofcom, AHRC, BA and ESRC.

    Nathan Ritchie does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. BBC Verify largely factchecks international stories – what about UK politics? – https://theconversation.com/bbc-verify-largely-factchecks-international-stories-what-about-uk-politics-260615

    MIL OSI –

    July 22, 2025
  • MIL-OSI Submissions: I watched a simulated oil spill in the Indian Ocean – here’s how island and coastal countries worked together to avoid disaster

    Source: The Conversation – UK – By Kate Sullivan de Estrada, Associate Professor in the International Relations of South Asia, University of Oxford

    Preparing to react to a maritime ’emergency’. Romuald Robert, CC BY

    The coils of black hose, drum skimmers designed to collect oil from the ocean’s surface, and orangey-red containment booms all looked out of place on the white sand of Mombasa’s touristy Nyali beach. But on July 9, dozens of emergency responders in red and orange hi-vis gear took over a portion of this beach. They were braving the wind and choppy Indian Ocean waves as they mock up the onshore response to a simulated oil spill at sea.

    I research how countries in the western Indian Ocean cooperate to make the seas around them safer, and I was there to observe a field training exercise that brought together around 200 participants from ten coastal and island states for one week in east Africa’s largest port city. Codenamed MASEPOLREX25, it put two types of emergency response to the test.

    The first was Kenya’s national-level response to marine oil pollution, guided by its national contingency plan. The second was a regional-level response that can bring in outside help from other nations. The organiser of the exercise, the Indian Ocean Commission (IOC) – an intergovernmental group of Western Indian Ocean islands headquartered in Mauritius – wanted the countries of the region to rehearse a joint response to marine pollution.

    Preparations begin on Kenya’s Nyali beach for the emergency exercise.
    Romuald Robert., CC BY

    The exercise put two IOC-designed regional centres through their paces. Think of them like a pair of regional helpdesks for ocean security, each with a distinct purpose.

    How does it unfold?

    The exercise began the day before with a briefing on the marine pollution scenario. The Kenyan authorities had received a distress call from the fictional captains of two damaged vessels.

    An oil tanker with a deadweight tonnage of 50,000 had collided with a feeder ship in Tanzanian waters, just south of Kenya’s maritime zone. The captain of the tanker suspected that 3,000-to-4,000 metric tonnes of intermediate fuel oil (persistent, thick oil that won’t evaporate by itself) had spilled into the ocean.

    Such an incident is plausible. A 2023 IOC-commissioned internal study pinpointed the Kenya-Tanzania border as a hotspot for marine pollution risk. Two major ports sit in close proximity in a busy maritime transit corridor.

    Clustered around an incident board, Kenya’s incident management team mounted their national response. Nuru Mohammed, liaison officer for the Kenya Maritime Authority, explained that the assessment of the size of the spill and expectations of its behaviour had already led the team to anticipate the need for regional support. At this time of year, the sea current would carry the slick northward into Kenyan waters.

    At the back of everyone’s minds was the 2020 Wakashio incident, in which a bulk carrier owned by a Japanese shipping company but flagged to Panama ran aground to the southeast of Mauritius. An estimated 800-to-1,000 tonnes of fuel oil spilled into the sea, affecting 30km of Mauritian coastline. The cost to marine life, food security and human health were compounded by economic and connectivity challenges posed by the COVID pandemic.

    Responders prepare oil-spill equipment on the beach near Mombasa.
    Romuald Robert, CC BY-SA

    For the exercise, aerial surveillance of the mock spill triggered the first attempt at containment. A live video feed of the offshore national response showed rice husks, a substitute for the oil, afloat on the waves. Two vessels sprayed simulated oil-spill dispersants in challenging winds.

    In real life, as in this exercise, oil properties determine how the spill will behave. IOC consultant Peter Taylor warned that churning waves could mix with the oil forming emulsions that were viscous and not dispersible.

    We turned our attention to the chat feed on SeaVision, an information-sharing platform. A notification popped up. The Regional Maritime Information Fusion Centre (RMIFC) in Madagascar had shared mapped and timestamped projections of the drift of the oil slick for the following 72 hours. The centre’s director, Alex Ralaiarivony, later explained how it could provide other technical support such as satellite imagery, and could calculate the proportions of oil that were likely to become submerged, evaporate, remain adrift and reach the shoreline.

    By July 9, the fictional oil spill had reached the coast. The team on Nyali beach hurried to deploy an oil containment boom, a floating barrier that can shield sensitive areas such as shorelines.

    Back at headquarters, SeaVision was busy with messages. The other centre, the Regional Coordination of Operations Centre (RCOC) in Seychelles, was urgently requesting more shoreline equipment to help with oil spills, such as booms, from regional partners. Mauritius and Madagascar both made offers to help that Kenya accepted, and the RCOC coordinated a Dornier aircraft from Seychelles for collection and delivery.

    How does the emergency response work?

    The two centres help countries in the Western Indian Ocean secure their maritime zones against threats such as piracy, illegal, unreported and unregulated fishing, the trafficking of illicit goods – and marine pollution incidents.

    In Madagascar, the RMIFC gathers and analyses maritime data from multiple sources to detect potential threats at sea. This enables early warning of threats like oil spills, as well as suspicious ships or boats engaged in illicit maritime activities.

    The RCOC in Seychelles responds to these threats. It draws on a shared pool of aircraft and ships belonging to its members, using these to coordinate joint responses – whether through sea patrols, boarding and inspecting ships, or laying the legal groundwork to prosecute offenders.

    The two regional centres serve seven states: IOC island members Comoros, Madagascar, Mauritius, Seychelles and France — through its island territory of La Réunion — as well as East African coastal states Kenya and Djibouti.

    On July 10, the exercise ended with an evaluation. One takeaway was that the two regional centres could have been used even more – for instance, to coordinate technical assistance from different partners. But a key purpose of the exercise was to help participating countries understand what the centres offer, and get them used to a regional-level response.

    Coastal and island states thousands of kilometres apart are being brought closer by maritime threats in their shared ocean. And the two centres are building their operational capacity to support the whole region, while also creating trust among countries. This matters in a geopolitical context of strategic competition in the Indian Ocean, where islands and East African coastal states sometimes want to put their own needs first.

    At the end of the exercise, IOC officer-in-charge Raj Mohabeer reminded participants that the island and coastal states of the Western Indian Ocean have vast maritime zones and face multiple seaborne security threats to their economies, ecologies and livelihoods. “No developing country can deal with a significant marine pollution event alone.”

    Kate Sullivan de Estrada receives funding from Research England’s Policy Support Fund allocation to the University of
    Oxford via the Public Policy Challenge Fund. Her project under the Fund is titled “Balancing ‘Sovereignty Trade-offs’ in Small-State Maritime Security Co-operation: The Case of the Indian Ocean Commission.”

    – ref. I watched a simulated oil spill in the Indian Ocean – here’s how island and coastal countries worked together to avoid disaster – https://theconversation.com/i-watched-a-simulated-oil-spill-in-the-indian-ocean-heres-how-island-and-coastal-countries-worked-together-to-avoid-disaster-260895

    MIL OSI –

    July 22, 2025
  • MIL-OSI Submissions: The hidden history behind every rose blooming this summer

    Source: The Conversation – UK – By Alexander Bowles, Glasstone Research Fellow, Plant Science, University of Oxford

    ilovephoto_KA/Shutterstock

    As roses fill gardens and hedgerows this season, there is a story, millions of years in the making, unfolding beneath their petals.

    Analysis of rose genomes and floral structure is revealing how the stunning diversity we admire is rooted in the genes of these plants, offering new insight into how the beauty in our world is built at the molecular level.

    Modern roses are a riot of colour. Some roses are showy and fragrant while others are modest and understated. Jude the Obscure is coloured in peach, Kew Gardens a soft white and Catherine’s Rose a coral pink.


    Many people think of plants as nice-looking greens. Essential for clean air, yes, but simple organisms. A step change in research is shaking up the way scientists think about plants: they are far more complex and more like us than you might imagine. This blossoming field of science is too delightful to do it justice in one or two stories.

    This story is part of a series, Plant Curious, exploring scientific studies that challenge the way you view plantlife.


    All modern roses, in one way or another, stem from a pool of ancient ancestors. The genus Rosa first appeared over 30 million years ago, while the more recent ancestral species that gave rise to today’s roses emerged around 6 million years ago. Diversifying over this time, all modern roses have come into being from these plants.

    An April 2025 study by Chinese researchers suggests that the first Rosa flowers 30 million years ago were probably yellow. The researchers studied key traits of modern roses, like petal colour and the number of petals, and mapped them onto an evolutionary tree of roses. Tracing these traits through time allowed them to see how roses have changed over millions of years. For example, the next colours to appear in rose petals were pinks and reds. They also found the ancestor of modern roses alive 6 million years ago was probably pink.

    The 2025 study’s evolutionary reconstruction of key rose traits suggests the first roses were simple in form, bearing a single layer of petals. Jude the Obscure and Catherine’s Rose are both double-flowered roses, meaning their blooms have extra petals. These extra petals originated through natural mutations, which were later selected for during rose breeding.

    Scent is one of the main appeals of roses in our gardens. Jude the Obscure has a strong fruity fragrance, while Catherine’s Rose is said to have a subtle hint of mango. Yet, some roses are completely scentless.

    Floral fragrances come from plant compounds. For instance, roses that emit a lemony aroma owe it to the compound citronellol. Scientists aren’t sure why some Rosa species produce these compounds, but they probably help attract specific pollinators or serve as part of the plant’s defence system.

    A 2024 study found that fragrant roses have more genes involved in the production of scent compounds compared to their less fragrant cousins. These fragrant plants produce compounds in high abundance, their complex aromas attracting pollinators and our senses alike. This suggests that, over time, scent production became an advantageous strategy for some roses, because it costs energy to produce these genes.

    After their origin over 30 million years ago, roses gradually evolved a remarkable range of forms, colours and fragrances. Today, there are more than 300 accepted species in the genus Rosa. Fossil evidence and genetic studies suggest that the ancestors of roses first evolved in central Asia, probably in modern-day China and the Himalayan foothills. Their natural diversity helped roses adapt to temperate climates, spreading throughout Asia. From there, they gradually expanded westward, reaching Europe around 15 to 25 million years ago.

    In only the last couple of centuries, roses have undergone a second wave of diversification, this time driven by human hands. Modern rose breeders selected between eight and 20 wild rose species — particularly from Asia, such as Rosa chinensis and Rosa multiflora, as well as European species Rosa gallica and Rosa canina — to create all modern cultivated varieties. This process enhanced traits that appeal to our senses and produced flowers with more petals, deeper and more vibrant colours and stronger, more complex scents.

    The origin of rose breeding: Rosa multiflora, Rosa canina and Rosa gallica
    Wikimedia

    For example, genes involved in petal development have been selected to produce fuller, double-flowered blooms. Other genes associated with pigment production have been targeted to enhance deeper and more vibrant colours. Likewise, genes involved in the synthesis of scent compounds, such as one known as NUDX1, have been favoured to intensify rose fragrance.

    Other characteristics flower breeders targeted include recurrent flowering, disease resistance and reduced prickle formation. Many wild rose species originally had far more prickles than modern garden varieties. Outside of our gardens, this may leave them more vulnerable to grazing animals.

    This botanical experiment, guided by human hands, has shaped the stunning diversity we cherish today. This cultivation is what sets roses apart from their close relatives. Rubus, a closely related genus including blackberries and raspberries, has more than 800 species. There are over 300 Rosa species but it is estimated there are over 35,000 varieties of modern rose.

    Rose breeding is still evolving, with future varieties promising new petal shapes, enhanced pest resistance and greater resilience to climate extremes.

    Beauties such as Jude the Obscure, Kew Gardens and Catherine’s Rose are the result of centuries of careful cultivation and scientific understanding. So, the next time you walk through a rose garden, take a moment to appreciate the deep history behind each bloom.

    Alexander Bowles receives funding as a Glasstone Fellow at the University of Oxford.

    – ref. The hidden history behind every rose blooming this summer – https://theconversation.com/the-hidden-history-behind-every-rose-blooming-this-summer-259719

    MIL OSI –

    July 22, 2025
  • MIL-OSI Submissions: A potted history of fermented foods – from pickles to kimchi

    Source: The Conversation – UK – By Serin Quinn, PhD Candidate, Department of History, University of Warwick

    Are you a pro at pickling? How about baking sourdough bread or brewing your own kombucha? If the answer is yes, you’ve probably picked up on one of the recent trends promoting fermented foods, which promise to boost your gut health and save both you and the planet from the scourge of food waste.

    For the uninitiated, fermented foods include anything that uses bacteria to break down organic matter into a new product. Look around an ordinary kitchen and you’ll almost certainly find something fermented: yoghurt (milk), beer and wine (grain/fruit) or vinegar (alcohol). Not all of these will give you the promised health boost, however, which comes from “live” ferments containing probiotic microbes, usually lactic acid bacteria. In alcohol and vinegar the fermenting bacteria die during the process.

    The health benefits of fermented foods are widely promoted. Some advocates, like epidemiologist Tim Spector, suggest the gut microbiome is the key to our health, while others are more cautious: in essence, although kefir is certainly good for your gut, it isn’t a cure-all. Still, the research is ongoing and diversifying: one study has even suggested that probiotics could fight the less pleasant recent phenomenon of microplastics in our stomachs.

    The future of fermented foods is definitely something to keep an eye on, but equally interesting is their long past and the different fermented food fashions we see over time.


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    People have been fermenting food since before the written word. Thanks to archaeological discoveries, we know that 13,000 years ago ancient Natufian culture in the Levant was fermenting grain into beer and that around the globe in Jiahu, Northern China, 9,000 years ago, a mixture of rice, honey and fruit was fermented to make early “wines”.

    In fact, most cultures have at some point in their history fermented plants into alcohol, from agave pulque in Mesoamerica to gum-tree way-a-linah in Australia.

    Mosaic depicting a garum jug with a titulus reading ‘from the workshop of the garum importer Aulus Umbricius Scaurus’.
    Claus Ableiter, CC BY-SA

    As to preserving food, archaeologists have found that nearly 10,000 years ago fish was fermented by the Mesolithic inhabitants of Sweden. Today nam pla (fish sauce made from fermented anchovies) is very popular, but fermented fish sauces were a major commodity in the ancient world, including the garum of the Romans. This was made from the blood and guts of mackerel, salt-fermented for two months. Although it might not sound very appealing, garum was an expensive condiment for the Roman nobility and was shipped all the way from Spain to Britain.

    Garum eventually lost its popularity in Europe during the Middle Ages, but fermented fish made a comeback in the 18th century. In Asia fish sauces had continued strong, and colonialism brought the south Asian fish sauce kê-chiap to Europe, alongside soy sauce (fermented soybeans). Salt-fermenting oysters and anchovies in this style became popular in England and North America, and people eventually branched out to preserving tomatoes – giving us modern ketchup.

    Cabbage cultures

    No discussion of fermentation would be complete without pickled vegetables. Today, the most talked-about fermented vegetable is the cabbage, in the form of kimchi and sauerkraut, thanks to its strong probiotic and vitamin C content.

    The historical origins of these dishes are unclear. Online articles might tell you that pickled cabbage was first eaten by the builders of the Great Wall of China 2,000 years ago and brought to Europe in Genghis Khan’s saddlebags. These kinds of apocryphal stories should be taken with more than a grain of salt.

    An illustration of the cultivation of grapes and winemaking in Ming dynasty China (1368–1644).
    Wellcome Collection

    So should the apparent connection to Roman author Pliny the Elder, who made no mention of “salt cabbage” anywhere in his works. While the Greeks and Romans loved cabbage and considered it a cure for many illnesses, they almost always boiled it, which would kill the lactobacillus.

    Still, as Jan Davison, author of Pickles: A Global History, writes, literary evidence suggests that salt pickling in general does have a long precedence. Pickled gourds were eaten in Zhou dynasty China around 3,000 years ago.

    It’s hard to say when sauerkraut became a common dish, but the term was in use by the 16th century and was associated with Germany by the 17th. As to Korean kimchi, research suggests this style of preservation was practised by the 13th century, only using turnips rather than cabbage.

    The popularity of radish and cabbage kimchi only came about in the 16th century, alongside the use of chilli peppers. Now an iconic aspect of this bright-red dish, peppers were not part of “Old World” diets before the Columbian exchange.

    History reveals our long relationship with fermented food. Our pickling ancestors were more interested in food preservation than in their bacterial microbiome – a very modern concept. Looking to past practices might even help us innovate fermentation technologies, as recent research from the Vrije Universiteit Brussels shows. I’m not sure about bringing back fermented fish guts, but more pickled turnips doesn’t sound half bad.


    This article features references to books that have been included for editorial reasons, and may contain links to bookshop.org. If you click on one of the links and go on to buy something from bookshop.org The Conversation UK may earn a commission.

    Serin Quinn does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. A potted history of fermented foods – from pickles to kimchi – https://theconversation.com/a-potted-history-of-fermented-foods-from-pickles-to-kimchi-260132

    MIL OSI –

    July 22, 2025
  • MIL-OSI Submissions: Filipino sailors dock in Mexico … and help invent tequila?

    Source: The Conversation – USA (2) – By Stephen Acabado, Professor of Anthropology, University of California, Los Angeles

    Bottles of tequila now command premium prices in trendy bars. On Instagram, celebrity-backed brands of the agave-based Mexican spirit jostle for attention. And debates over cultural appropriation and agave sustainability swirl alongside booming tourism in Jalisco, the western Mexican state that serves as the world’s tequila distillation hub.

    But behind the spirit’s flash of marketing and growing popularity lies a rarely asked question: Where did the knowledge to distill agave come from in the first place?

    In recent years, scholars studying how Indigenous communities responded to colonialism and global trade networks have begun to look more closely at the Pacific world. One key focus is the Manila-Acapulco galleon trade route, which linked Asia and the Americas for 250 years, from 1565 to 1815.

    The Manila-Acapulco galleon trade route.
    Jesse Nett/Oregon Encylopedia

    After Spain colonized the Philippines in 1565, Spanish galleons – towering, multidecked sailing ships – carried Chinese silk and Mexican silver across the ocean. But far more than goods traveled aboard those ships. They moved people, ideas and technologies.

    Among them was the craft of distillation.

    This overlooked connection may help explain how distilled agave spirits such as tequila came into being. While tequila is unmistakably a Mexican creation, the techniques used to produce it may owe something to Filipino sailors, who brought with them deep knowledge of transforming coconut sap into a potent spirit known as lambanog.

    3 competing theories

    For centuries, the rise of tequila has been credited to the Spanish. After the conquest of Mexico in the 16th century, colonizers introduced alembic stills, which are based on Moorish and Arabic technology. Unlike simple boiling, distillation requires managing heat and capturing purified vapor. These stills represented a major technological leap, allowing people to transform fermented drinks into distilled spirits.

    Agave, long used to make the fermented drink pulque, soon became the base for something new: tequila and mezcal.

    Colonial records, including the “Relaciones Geográficas,” a massive data-gathering project initiated by the Spanish Crown in the late 16th century, describe local Mesoamerican communities learning distillation from Spanish settlers. This version is well documented. But it assumes that technology moved in only one direction, from Europe to the Americas.

    A second idea suggests that Mesoamerican communities already had some understanding of vapor condensation. Archaeologists have found ceramic vessels in western Mexico that may have been used to capture steam. While distillation requires additional steps, this prior knowledge may have primed Indigenous groups to more readily adopt new techniques.

    As Mexican ethnobotanists Patricia Colunga-GarcíaMarín and Daniel Zizumbo-Villarreal have argued, “The adoption of distillation was likely not simply imposed, but creatively adapted to local knowledge systems.”

    A third perspective, which other researchers and I are exploring, traces a potential Filipino influence. The galleon trade brought thousands of Filipino sailors and laborers to Mexico, particularly along the Pacific coast. In places such as Guerrero, Colima and Jalisco, Filipino migrants introduced methods for fermenting and distilling coconut sap into lambanog, the coconut-based spirit.

    The stills they used, sometimes called Mongolian stills, were built with clay and bamboo and included a condensation bowl. Historian Pablo Guzman-Rivas has noted that these stills more closely resemble the earliest Mexican agave distillation setups than European alembics. He has also documented oral traditions in some coastal Mexican communities to link local distillation practices to their Filipino ancestors.

    The still on the left in Jalisco, Mexico, has similarities to the lambanog on the right from Infanta, Quezon, Philippines.
    Photo on left courtesy of Patricia Colunga-GarcíaMarín and Daniel Zizumbo-Villarreal; photo on right courtesy of Sherry Ann Angeles and Rading Coronacion, CC BY-SA

    Beyond the bottle

    Filipino influence extends beyond the distilling pot.

    In Colima and other Pacific port towns, traces of the Manila galleon trade ripple through daily life – in kitchens, cantinas and even in architecture. The word “palapa,” used in Mexico and Central America today to describe rustic thatched roofs, is exactly the same as the term for coconut fronds that’s primarily used in the Bicol Region of the Philippines.

    Filipino migrants in Mexico also shared knowledge of boatbuilding, fermentation and food preservation. Coconut vinegar, fish sauce and palm sugar-based condiments became part of Mexican cuisine. One of the most enduring legacies is tuba, the fermented coconut sap still popular in coastal areas of the Mexican state of Guerrero, where Filipino sailors once settled. Known locally by the same name, tuba is sold in markets and along roadsides, often enjoyed as a refreshing drink or as a cooking ingredient.

    A replica of a galleon, the Spanish trading ship that traversed the world’s oceans from the 16th century to the 18th century.
    Dennis Jarvis/flickr, CC BY-SA

    Exchange moved both ways. Filipino vessels carried corn, peanuts, sweet potatoes and cacao back across the Pacific, reshaping food in the Philippines. These exchanges took place under the shadow of colonialism and forced labor, but their legacies endure in language, in taste and even in the roofs over people’s heads.

    Technical knowledge rarely travels through official channels alone. It moves with cooks in ship galleys, with carpenters below deck, with laborers who desert ships to settle in unfamiliar ports. Sometimes it was a way to build a roof or preserve a flavor. Other times, it was a method for turning a fermented plant into a spirit that could keep for long voyages. And by the early 1600s, new types of distilled agave spirits were being made in Mexico.

    Tequila is unmistakably a product of Mexico. But it is also a product of movement. Whether Filipino migrants directly introduced distillation methods or whether they emerged from a mix of Indigenous experimentation and European tools, every time you sip tequila, you’re tasting an echo of those long ocean crossings from many centuries ago.

    Stephen Acabado receives funding from the Henry Luce Foundation and the National Science Foundation.

    – ref. Filipino sailors dock in Mexico … and help invent tequila? – https://theconversation.com/filipino-sailors-dock-in-mexico-and-help-invent-tequila-258166

    MIL OSI –

    July 22, 2025
  • Parliament passes Bill to simplify, update framework for shipping documents

    Source: Government of India

    Source: Government of India (4)

    The Rajya Sabha on Monday passed the Bills of Lading Bill, 2025—previously cleared by the Lok Sabha in March this year—to replace the 169-year-old colonial-era shipping law with a simplified, modern legal framework for shipping documents.

    The bill was approved in the Upper House by a voice vote in the absence of the Opposition, who staged a walkout during the post-lunch session.

    In an effort to support the country’s growing shipping sector, Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal moved the bill for consideration and passage by the Rajya Sabha.

    Sonowal said the new legislation will replace the Indian Bills of Lading Act, 1856, and be enacted as the Bills of Lading Act, 2025. The proposed law aims to provide a more modern and user-friendly framework for maritime shipping.

    With both Houses of Parliament now having approved the Bills of Lading Bill, 2025, it will be sent to the President of India for her assent before being promulgated as law.

    The current British-era law—a brief three-section Act—primarily governs the transfer of rights and confirms that goods have been loaded onto a vessel. However, with the evolution of the shipping industry and changing global trade dynamics, India requires a more comprehensive and internationally aligned legal structure.

    The Bills of Lading Bill, 2024, seeks to rename and replace the existing law with the Bills of Lading Act, 2025, introducing several key reforms. It simplifies the language and reorganises the provisions without altering their core intent.

    The legislation also empowers the Central Government to issue directions for its implementation and includes a standard repeal and saving clause, effectively eliminating the colonial legacy of the 1856 Act.

    A bill of lading refers to a document issued by a freight carrier to a shipper. It includes details such as the type, quantity, condition, and destination of the goods being transported.

    -IANS

    July 22, 2025
  • Parliament passes Bill to simplify, update framework for shipping documents

    Source: Government of India

    Source: Government of India (4)

    The Rajya Sabha on Monday passed the Bills of Lading Bill, 2025—previously cleared by the Lok Sabha in March this year—to replace the 169-year-old colonial-era shipping law with a simplified, modern legal framework for shipping documents.

    The bill was approved in the Upper House by a voice vote in the absence of the Opposition, who staged a walkout during the post-lunch session.

    In an effort to support the country’s growing shipping sector, Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal moved the bill for consideration and passage by the Rajya Sabha.

    Sonowal said the new legislation will replace the Indian Bills of Lading Act, 1856, and be enacted as the Bills of Lading Act, 2025. The proposed law aims to provide a more modern and user-friendly framework for maritime shipping.

    With both Houses of Parliament now having approved the Bills of Lading Bill, 2025, it will be sent to the President of India for her assent before being promulgated as law.

    The current British-era law—a brief three-section Act—primarily governs the transfer of rights and confirms that goods have been loaded onto a vessel. However, with the evolution of the shipping industry and changing global trade dynamics, India requires a more comprehensive and internationally aligned legal structure.

    The Bills of Lading Bill, 2024, seeks to rename and replace the existing law with the Bills of Lading Act, 2025, introducing several key reforms. It simplifies the language and reorganises the provisions without altering their core intent.

    The legislation also empowers the Central Government to issue directions for its implementation and includes a standard repeal and saving clause, effectively eliminating the colonial legacy of the 1856 Act.

    A bill of lading refers to a document issued by a freight carrier to a shipper. It includes details such as the type, quantity, condition, and destination of the goods being transported.

    -IANS

    July 22, 2025
  • MIL-OSI: Graphjet to boost its capacity and capabilities

    Source: GlobeNewswire (MIL-OSI)

    New York, United States, July 21, 2025 (GLOBE NEWSWIRE) — Graphjet Technology (“Graphjet” or “the Company”) (Nasdaq:GTI), a leading developer of patented technologies to produce graphite and graphene directly from agricultural waste, is proud to announce that the Company is expecting for new equipment and machineries to arrive in Malaysia by the end of the week.

    The purchase of the new equipment and machineries are part of the Company’s wider plan for expansion. The new equipment and machineries can produce approximately 7 times more than the existing equipment and machineries and would be able to expand the capacity and capabilities. The new equipment and machineries have better specifications that would improve the quantity and quality of the graphite produced by Graphjet. It is designed to support large-scale output while maintaining better control over the parameters and processing conditions, a key factor in delivering graphite that meets the stringent requirements of the EV battery and semiconductor.

    “Not only does these equipment and machineries increase our production volume, but it also enhances the quality of our products. We are now in a better position to cater to our customers’ requirement and demand for our environmentally friendly graphite. The new equipment and machineries is crucial as we have also begun generating revenue from the sales of our products. We hope that given time, we will be able to repay the faith and confidence that our shareholders and investors have given us” said Chris Lai, the CEO of Graphjet.

    About Graphjet Technology Sdn. Bhd.

    Graphjet Technology Sdn. Bhd. (Nasdaq: GTI) was founded in 2019 in Malaysia as an innovative graphene and graphite producer. Graphjet Technology has the world’s first patented technology to recycle palm kernel shells generated in the production of palm seed oil to produce single layer graphene and artificial graphite. Graphjet’s sustainable production methods utilizing palm kernel shells, a waste agricultural product that is common in Malaysia, will set a new shift in graphite and graphene supply chain of the world. For more information, please visit https://www.graphjettech.com/.

    Cautionary Statement Regarding Forward-Looking Statements

    The information in this press release contains certain “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “aim,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result” and similar expressions, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Actual results may differ from their expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) changes in the markets in which Graphjet competes, including with respect to its competitive landscape, technology evolution or regulatory changes; (ii) the risk that Graphjet will need to raise additional capital to execute its business plans, which may not be available on acceptable terms or at all; (iii) Graphjet is beginning the commercialization of its technology and it may not have an accurate estimate of future capital expenditures and future revenue; (iv) statements regarding Graphjet’s industry and market size; (v) financial condition and performance of Graphjet, including the anticipated benefits, the implied enterprise value, the financial condition, liquidity, results of operations, the products, the expected future performance and market opportunities of Graphjet; (vi) Graphjet’s ability to develop and manufacture its graphene and graphite products; and (vii) those factors discussed in our filings with the SEC. You should carefully consider the foregoing factors and the other risks and uncertainties that will be described in the “Risk Factors” section of the documents to be filed by Graphjet from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward- looking statements, and while Graphjet may elect to update these forward-looking statements at some point in the future, they assume no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, unless required by applicable law. Graphjet does not give any assurance that Graphjet will achieve its expectations.

    Graphjet Technology Contacts

    Investors
    ceo.office@graphjettech.com

    Media
    ceo.office@graphjettech.com

    ###

    The MIL Network –

    July 22, 2025
  • MIL-OSI Asia-Pac: Amb. Douglas Yu-Tien Hsu And Director General David Cheng-Wei Wu Attend the 2025 Australia-Taiwan Business Council Limited (ATBC) Annual General Meeting Business Luncheon

    Source: Republic of China Taiwan

    Taiwan in Australia Amb. Douglas Yu-Tien Hsu and Taiwan in Sydney Director General David Cheng-Wei Wu were pleased to be invited by Australia-Taiwan Business Council Limited (ATBC)President John Toigo and CEO Ching-Mei Maddock to its 2025 Annual General Meeting Business Luncheon, catching up and reconnecting with Australian counterparts, business leaders and think tank experts.
    In his remarks, Amb. Hsu highlighted that Taiwan’s strengths in the semiconductor and AI industries make it a natural partner to support AU’s “Future Made in Australia” policy. This partnership adds new momentum into supply chain integration, not only between TW and AU, but across the broader region. He emphasized that the CPTPP serves as the best platform to facilitate such cooperation.
    Amb. Hsu thanked the ATBC and #ROCABC/CIECA for including TW’s CPTPP application on the agenda for the 38th Joint Conference in Taipei on Aug 21. He expressed the hope that AU would evaluate TW’s bid based on its economic performance and merits, free from external pressure, and that AU, as the current CPTPP chair, would play a constructive role in moving the initiative forward.
    We sincerely thank the Hon. Anoulack Chanthivong MP for his compelling keynote speech. He strongly acknowledged the achievements in TW–AU trade, economic, and scientific collaboration, as well as the great potential for future partnership. He underscored that trade is not a zero-sum game and reaffirmed the NSW Government’s commitment to open and diversified trade principles.
    We look forward to seeing TW and AU work hand in hand to expand markets and grow together.

    MIL OSI Asia Pacific News –

    July 22, 2025
  • MIL-OSI: Click Holdings Limited (CLIK) Reports Strong Interim Results, Advancing AI-Driven Senior Care, HR, and Cryptocurrency Treasury Strategy

    Source: GlobeNewswire (MIL-OSI)

    Hong Kong, July 21, 2025 (GLOBE NEWSWIRE) — Click Holdings Limited (“Click Holdings” or “we” or “us”, NASDAQ: CLIK) and its subsidiaries (collectively, the “Company”), a leading human resources and senior care solutions provider based in Hong Kong, announced its interim results for the six months ended December 31, 2024, showcasing robust growth and strategic advancements in AI-powered platforms and emerging cryptocurrency initiatives.

    Selected Financial Highlights

    ● Revenue surged 68% to US$4.8 million, driven by exceptional growth in key segments.
       
    ● Nursing solutions revenue doubled, up 203%, fueled by rising demand for senior care.
       
    ● Logistics solutions revenue soared 210%, expanding CLIK’s market reach.
       
    ● Gross profit remained stable due to increased low-margin logistics business, with strategic investments poised to enhance future margins.
       
    ● Net profit grew 12% to US$468,000, reflecting operational efficiency.

    Strategic Highlights and Outlook for 2025

    CLIK’s growth aligns with Hong Kong’s Silver Economy, leveraging AI and strategic partnerships to address senior care and workforce needs. Key developments include:

    ● Community Care Service Voucher Scheme for the Elderly (CCSV): Through the 2025 acquisition of Top Spin Investment, CLIK further expanded its role in the government-sponsored Community Care Service Voucher Scheme for the Elderly (CCSV), serving over 12,000 seniors with AI-driven health monitoring and community care. This acquisition doubled CLIK’s talent pool to over 20,500 registered professionals, enhancing its capacity to meet Hong Kong’s growing demand for skilled nursing services.
       
    ● Collaboration with a Prominent Asia-Based Tech Conglomerate: Partnering with a prominent Asia-based tech conglomerate’s Sustainable Social Value Scheme, CLIK launched 24-hour instant device services, delivering smart wearables with real-time health alerts and fall detection to seniors. This initiative, potentially reaching 6,000 users to date, integrates AI to provide seamless care, driving cross-selling synergies with CCSV.
       
    ● AI-Empowered HR Platform: CLIK’s proprietary platform matches 110,000 annual job vacancies across industries like healthcare and logistics, driven by continuous data analysis to optimize candidate sourcing for client needs. This platform strengthens CLIK’s ability to deploy efficient workforce solutions, supporting its rapid expansion in Hong Kong.
       
    ● Talent Pool Diversification: The expansion of CLIK’s talent pool to over 20,500 registered professionals enables diversification into new business sectors, such as properties securities staffing solutions and event helper staffing solutions. The universal applicability of CLIK’s talent, combined with its AI-driven platform, positions the Company to meet diverse client demands across Hong Kong’s dynamic market.
       
    ● Record Revenue Growth: CLIK expects revenue to reach record highs in 2025, driven by increased public exposure following its NASDAQ listing, a gradual increase in private case demand, intensified promotion of the CCSV scheme, and the strategic acquisition of Top Spin Investment. These factors position CLIK for unprecedented financial performance.
       
    ● Cryptocurrency Innovation for Senior Services: CLIK is exploring the feasibility of developing a cryptocurrency treasury, with a particular emphasis on Bitcoin and Solana. This treasury could scale up to a value of US$100 million as the first step, and shall escalate further alongside business expansion. In addition, CLIK is exploring the implementation of cryptocurrency-enabled payment systems to enhance the efficiency and security of salary disbursements for its talent pool of over 20,500 registered professionals. CLIK is also assessing the potential of crypto-enabled payments to streamline billing processes for customers who opt to transact using cryptocurrency.
       
    ● Silver Economy Leadership: CLIK’s comprehensive strategies, encompassing CCSV, the Sustainable Social Value Scheme, its AI-driven HR platform, and emerging cryptocurrency initiatives, fully align with the Hong Kong government’s long-term vision for a sustainable society. By enhancing senior care and workforce efficiency, CLIK supports the Silver Economy’s goals of fostering social and economic resilience for an aging population.

    “Our strategic focus on AI-driven solutions, cryptocurrency innovation, and the Silver Economy positions CLIK for sustained growth,” said Jeffrey Chan, Founder and CEO of Click Holdings. “The Top Spin Investment acquisition, our partnership with a prominent Asia-based tech conglomerate, and our advanced HR platform underscore our commitment to transforming senior care and workforce efficiency. While initial investments may temper margins temporarily, we anticipate significant profitability gains through economies of scale.”

    As the only Nasdaq-listed company focused on senior nursing HR solutions in Hong Kong, CLIK is poised to capitalize on the region’s aging population and government support for the Silver Economy. 

    About Click Holdings Limited

    Click Holdings Limited (NASDAQ: CLIK) is a Hong Kong-based leader in AI-powered human resources and senior care solutions. Through its proprietary platform, CLIK connects clients with a talent pool of over 20,500 professionals, serving nursing, logistics, and professional services sectors.

    For more information, please visit https://clicksc.com.hk. 

    Safe Harbor Statement

    This press release contains forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC, which are available for review at www.sec.gov.

    For enquiry, please contact:

    Click Holdings Limited
    Unit 1709-11, 17/F
    Tower 2, The Gateway
    Harbour City, Kowloon
    Hong Kong
    Email: jack.wong@jfy.hk
    Phone: +852 2691 8200

    The MIL Network –

    July 22, 2025
  • MIL-OSI: Sagtec Global Limited Achieves 144% Growth in Revenue and 308% Profit Surge for 1H2025

    Source: GlobeNewswire (MIL-OSI)

    KUALA LUMPUR, Malaysia, July 21, 2025 (GLOBE NEWSWIRE) — Sagtec Global Limited (NASDAQ: SAGT) (“Sagtec” or the “Company”), a leading provider of customizable software solutions, today announced its audited financial results for the six month ended June 30, 2025 (the “Interim Results”) (the “Financial Results”).

    • Revenue surged 144% year-over-year (YoY) to US$11.4 million for six-month period ended June 30, 2025, driven by strong growth across both services and tangible products.
    • Net profit rose 308% YoY to US$1.9 million, reflecting higher operating income, improved gross margins, and increased other income.
    • Gross profit increased 173% to US$2.3 million, supported by robust demand and operating leverage.
    • Cash position strengthened significantly to US$454 thousand, compared to US$87.9 thousand at the beginning of the period.

    “Our record-breaking half-year results validate Sagtec’s growth trajectory and resilience. We are delivering innovative, high-demand solutions across Malaysia’s digital ecosystem. Our strategy to scale both recurring software services and smart hardware deployments is yielding strong returns. Looking ahead, we remain committed to expanding our regional footprint and driving sustainable, tech-powered growth across Southeast Asia,” said Kevin Ng, Chairman, Executive Director and Chief Executive Officer of Sagtec.

    FINANCIAL RESULTS

    Sagtec’s revenue for the six months ended June 30, 2025, surged to US$11.4 million, representing a 144% year-over-year increase from US$4.7 million in the same period last year. This robust performance reflects broad-based growth across the Company’s core business verticals, driven by accelerating demand for subscription-based software solutions, customized development services, and technology-enabled hardware offerings in the food & beverage (F&B) and related sectors.

    • Sagtec’s revenue from services surged by 107% to US$6.9 million for the six-month period ended June 30, 2025, compared to US$3.3 million for the same period in 2024. This significant growth was primarily driven by strong client retention through recurring subscription renewal, particularly for the Speed+ and QR ordering systems, as well as the successful onboarding of new customers across Malaysia’s F&B and adjacent industries. The Company also saw increased demand for its custom software development and social media management services, reflecting growing digitalization trends among small, mediam enterprises (SME).
    • The Company’s revenue generated from tangible products grew by 237%, reaching US$4.4 million for the first half of 2025, compared to US$1.3 million in the same period last year. This sharp increase was largely fueled by the accelerated rollout of food ordering kiosks with interactive screens, as businesses sought to automate front-of-house operations amid ongoing labor shortages. Additionally, the continued expansion of Sagtec’s power bank charging stations through strategic reseller networks contributed significantly to revenue growth in this segment.
      For the Six Month Ended June 30  
      2025   2024   Change  
      USD   USD   %  
    Revenue from services 6,912,721   3,347,184   107 %
    Revenue from tangible products 4,449,929   1,318,575   237 %
    Total Revenue 11,362,650   4,665,759   144 %
                 

    EBITDA grew 205% year-over-year, from US$809 thousand in the first half of 2024 to US$2.47 million in the first half of 2025, reflecting strong revenue expansion, increased other income, and sustained operational efficiency.

    Net income rose 308% year-over-year, increasing from US$456 thousand in the six months ended June 30, 2024, to US$1.86 million in the same period of 2025. The surge reflects strong revenue growth, improved gross margins, higher other income, and effective cost management.

    Cost of sales was US$9.1 million for the six months ended June 30, 2025, representing a 137% increase from US$3.8 million for the same period in 2024. The increase was driven by higher volume of business activities across both the services and tangible products segments, as Sagtec scaled its offerings to meet growing market demand.

    • Cost of sales from services increased by 110% to US$6.2 million, compared to US$3.0 million in the prior-year period. This increase was primarily attributed to higher infrastructure and maintenance costs resulting from the significant expansion of Sagtec’s subscriber base. Additional server capacity, enhanced technical support, and system optimization initiatives were undertaken to maintain service quality and availability. These investments were necessary to support recurring subscription models and enterprise-level software deployment across key client verticals.
    • Expenses for tangible products increased 242% to US$2.85 million, up from US$0.83 million for the same period in 2024. The increase corresponds directly to the sharp growth in unit sales of food ordering kiosks and power bank charging stations. As Sagtec expanded its hardware footprint through both direct and reseller channels, the company experienced higher procurement and assembly costs aligned with its broader commercial rollout strategy.
    • Cost of sales from rentals remained unchanged at US$39 thousand, consistent with depreciation expenses related to previously deployed rental assets. No new rental activity was recorded during the period, as Sagtec continues to shift away from rental-based models toward direct sales and third-party-supported hardware maintenance.
      2025   2024   Change  
      USD   USD   %  
    Cost of Sales – Services 6,215,145   2,965,735   110 %
    Cost of Sales – Tangible Products 2,845,834   832,878   242 %
    Cost of Sales – Rental 39,101   39,101   0 %
    Total 9,100,080   3,837,714   137 %
                 

    Operating income rose significantly to US$1.87 million for the six-month period ended June 30, 2025, representing a 222% increase from US$579 thousand in the same period of 2024. This substantial growth was fueled by strong topline performance across both services and tangible products, as well as effective and disciplined cost management. Despite rising operating expenses to support business expansion, Sagtec maintained operational efficiency and delivered enhanced profitability.

    Director compensation expenses increased by 44% from US$93 thousand in the first half of 2024 to US$135 thousand in the first half of 2025. The increase reflects Sagtec’s performance-based compensation framework, aligning rewards with strategic execution and financial performance. It also demonstrates the company’s commitment to attracting and retaining strong leadership as it continues to scale.

    As a result of these factors, net profit surged 308% year-over-year to US$1.86 million for the six months ended June 30, 2025, compared to US$456 thousand for the same period in 2024. The strong earnings growth was supported not only by higher revenue and operating leverage but also by a significant increase in other income, including foreign exchange gains.

    Basic and diluted earnings per share (EPS) stood at US$0.14, up from US$0.04 in the prior-year period. The increase in EPS highlights Sagtec’s expanding profitability and reinforces its ability to generate sustainable shareholder value as it continues executing its growth strategy.

    CASH POSITION AND CAPITAL ALLOCATION

    For the six months ended June 30, 2025, net cash used in operating activities was US$3.27 million, compared to a net inflow of US$674 thousand in the same period of 2024. This shift was primarily due to working capital movements, including a significant increase in other receivables and prepayments, as Sagtec scaled operations to meet growing client demand. While net profit and non-cash adjustments remained strong, short-term liquidity was impacted by timing differences in receivables and payables related to ongoing expansion initiatives.

    Net cash used in investing activities rose sharply to US$3.56 million in the first half of 2025, compared to US$625 thousand in the first half of 2024. The increase reflects Sagtec’s continued investment in strategic assets, including major upgrades to plant and equipment, as well as new software license acquisitions to support long-term scalability and product innovation.

    In contrast, net cash generated from financing activities surged to US$7.20 million during the period, up from US$81 thousand a year earlier. The strong inflow was primarily driven by the successful issuance of new share capital and additional financing facilities, which were used to support infrastructure investments and balance sheet strengthening.

    As a result of these movements, cash and cash equivalents increased to US$454 thousand as of June 30, 2025, up from US$87.9 thousand at the beginning of the period. This improvement reflects Sagtec’s enhanced capital management and reinforces the company’s ability to support growth through a combination of equity and internally generated capital.

    About Sagtec Global Limited

    Sagtec is a leading provider of customizable software solutions, primarily serving the Food & Beverage (F&B) sector. The Company also offers software development, data management, and social media management to enhance operational efficiency across various industries, including Key Opinion Leaders (KOLs). Additionally, Sagtec operates power-bank charging stations at 300 locations across Malaysia through its subsidiary, CL Technology (International) Sdn Bhd.

    For more information on the Company, please log on to https://www.sagtec-global.com/.

    Contact Information:

    Sagtec Global Limited Contact:
    Ng Chen Lok
    Chairman, Executive Director & Chief Executive Officer
    Telephone +6011-6217 3661  
    Email: info@sagtec-global.com

    The MIL Network –

    July 22, 2025
  • MIL-OSI Asia-Pac: Development Bureau announces latest arrangements for two industry sites in Yuen Long and Hung Shui Kiu

    Source: Hong Kong Government special administrative region

    Development Bureau announces latest arrangements for two industry sites in Yuen Long and Hung Shui Kiu      The DEVB launched tenders under the two-envelope approach for the Yuen Long Lot and the Hung Shui Kiu Lot in March and October 2024 respectively for the development of multi-storey buildings for modern industries (MSBs). Part of the floor space of the MSBs was to be leased to the Government at nominal rent for 10 years, allowing the Government to further rent out the floor space at concessionary rents to brownfield operators affected by government development projects during the period. The tender invitation for the two sites was originally to close on July 25, 2025. 

    A spokesperson for the DEVB said, “In order to lead and effectively promote the development of industries in the NM, the Government has to allow flexibility in the use of land in the NM and adopt a ‘dynamic planning’ approach in formulating strategies in accordance with the actual circumstances, thereby accelerating enterprise anchoring and fostering development of the area. Taking into account the views of the innovation and technology sector and the logistics sector on the industry development strategy in the area, as well as the Government’s planning strategy for the NM, the Government has decided to cancel the tender for the two sites and proactively utilise the sites according to the Government’s development strategy. This would allow the greater play of the sites in promoting industry development.”Issued at HKT 20:31

    NNNN

    CategoriesMIL-OSI

    MIL OSI Asia Pacific News –

    July 22, 2025
  • MIL-OSI Economics: RBI imposes monetary penalty on Motiram Agrawal Jalna Merchants Co-operative Bank Limited, Jalna, Maharashtra

    Source: Reserve Bank of India

    The Reserve Bank of India (RBl) has, by an order dated July 16, 2025, imposed a monetary penalty of ₹6 lakh (Rupees Six Lakh only) on Motiram Agrawal Jalna Merchants Co-operative Bank Limited, Jalna, Maharashtra (the bank) for non-compliance with certain directions issued by RBI on ‘Loans and advances to directors, relatives and firms / concerns in which they are interested’ and ‘Limits on exposure to single and group borrowers / parties and large exposures and Revision in the target for priority sector lending – UCBs’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

    The statutory inspection of the bank was conducted by RBI, with reference to its financial position as on March 31, 2024. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions. After considering the bank’s reply to the notice, additional submissions made by it and oral submissions made during the personal hearing, RBI found, inter alia, that the following charges against the bank were sustained, warranting imposition of monetary penalty:

    The bank had sanctioned:

    1. director related loans; and

    2. loans and advances to certain connected borrowers beyond the applicable group exposure limit.

    This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2025-2026/754

    MIL OSI Economics –

    July 22, 2025
  • MIL-OSI Economics: RBI imposes monetary penalty on Sahyadri Sahakari Bank Ltd., Mumbai, Maharashtra

    Source: Reserve Bank of India

    The Reserve Bank of India (RBI) has, by an order dated July 18, 2025, imposed a monetary penalty of ₹20,000 (Rupees Twenty Thousand only) on Sahyadri Sahakari Bank Ltd., Mumbai, Maharashtra (the bank) for non-compliance with the specific directions issued by RBI under Supervisory Action Framework (SAF). This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act.

    The statutory inspection of the bank was conducted by RBI with reference to its financial position as on March 31, 2024. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions. After considering the bank’s reply to the notice and oral submissions made during the personal hearing, RBI found, inter alia, that the following charge against the bank was sustained, warranting imposition of monetary penalty:

    The bank had not reduced single borrower exposure limit, for fresh loans and advances, by 50% of the applicable regulatory limit in non-adherence to directions under SAF.

    This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2025-2026/753

    MIL OSI Economics –

    July 22, 2025
  • MIL-OSI Economics: RBI issues draft Master Direction – Digital Banking Channels Authorisation (Directions), 2025

    Source: Reserve Bank of India

    The Reserve Bank has released the draft Master Direction on ‘Digital Banking Channels Authorisation’. The comments on the draft Directions are invited from public/stakeholders till August 11, 2025. Comments/feedback may be submitted through the respective link under the ‘Connect 2 Regulate’ Section available on the RBI’s website or may alternatively be forwarded to:

    The Chief General Manager
    Registration and Authorisation Group
    Department of Regulation, Central Office
    Reserve Bank of India, 12th Floor,
    Shahid Bhagat Singh Marg,
    Fort Mumbai – 400 001
    Or
    by email.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2025-2026/752

    MIL OSI Economics –

    July 22, 2025
  • MIL-OSI Economics: RBI imposes monetary penalty on The Shahada Peoples Co-operative Bank Ltd., Shahada, Maharashtra

    Source: Reserve Bank of India

    The Reserve Bank of India (RBl) has, by an order dated July 16, 2025, imposed a monetary penalty of ₹2 lakh (Rupees Two Lakh only) on The Shahada Peoples Co-operative Bank Ltd., Shahada, Maharashtra (the bank), for non-compliance with certain directions issued by RBI on ‘Income Recognition, Asset Classification, Provisioning and Other Related Matters – UCBs’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

    The statutory inspection of the bank was conducted by RBI with reference to its financial position as on March 31, 2024. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions. After considering the bank’s reply to the notice, additional submissions made by it and oral submissions made during the personal hearing, RBI found, inter alia, that the following charge against the bank was sustained, warranting imposition of monetary penalty:

    The bank had regularised certain Non-Performing Accounts (NPAs) without repayment through genuine sources.

    This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2025-2026/755

    MIL OSI Economics –

    July 22, 2025
  • MIL-OSI NGOs: IAEA Applied Safeguards for 190 States – IAEA Report

    Source: International Atomic Energy Agency (IAEA) –

    Of the 190 States where the IAEA applied safeguards during 2024, 182 had CSAs in force, of which 137 also had APs in force. Of these 137 States, the IAEA concluded that “all nuclear material remained in peaceful activities” for 75 States. The IAEA drew this conclusion, also known as the ‘broader conclusion’, for the first time for Morocco. For 61 States, the IAEA was only able to conclude that declared nuclear material remained in peaceful activities as evaluations regarding the absence of undeclared nuclear material and activities remained ongoing.

    For 31 States with a CSA but no AP in force, the IAEA was able to conclude that declared nuclear material remained in peaceful activities.

    As of the end of 2024, three non-nuclear-weapon States party to the Treaty on the Non-Proliferation of Nuclear Weapons (NPT) had yet to bring CSAs into force pursuant to Article III of the Treaty. For these States, the IAEA could not draw any safeguards conclusions.

    For the three States in which the IAEA implemented safeguards pursuant to item-specific safeguards agreements (India, Israel and Pakistan), the IAEA concluded that “nuclear material, facilities or other items to which safeguards had been applied remained in peaceful activities”.

    Safeguards were also implemented in the five nuclear-weapon States party to the NPT under their respective voluntary offer agreements. For these five States (China, France, the Russian Federation, the United Kingdom and the United States of America), the IAEA concluded that “nuclear material in selected facilities to which safeguards had been applied remained in peaceful activities or had been withdrawn from safeguards as provided for in the agreements.”

    MIL OSI NGO –

    July 22, 2025
  • EU to ramp up retaliation plans as US tariff deal prospects dim

    Source: Government of India

    Source: Government of India (4)

    The European Union is exploring a broader set of possible counter-measures against the United States as prospects for an acceptable trade agreement with Washington fade, according to EU diplomats.

    An increasing number of EU members, including Germany, are now considering using wide-ranging “anti-coercion” measures which would let the bloc target U.S. services and other sectors in the absence of a deal, diplomats say.

    The European Commission, which negotiates trade agreements on behalf of the 27-member bloc, had appeared on course for a agreement in which the EU would still have faced a 10% U.S. tariff on most of its exports, with some concessions.

    Such hopes now seem dashed after President Donald Trump’s threat to impose a 30% tariff by August 1, and following talks between EU Trade Commissioner Maros Sefcovic and U.S. counterparts in Washington last week.

    Sefcovic, who has said a 30% tariff would “practically prohibit” transatlantic trade, delivered a sober report on the current state of play to EU envoys on Friday, diplomats told Reuters.

    U.S. counterparts had come up with diverging solutions during his meetings, including a baseline rate that could be well above 10%, the EU diplomats added.

    “Each interlocutor seemed to have different ideas. No one can tell (Sefcovic) what would actually fly with Trump,” one diplomat said.

    Prospects of easing or removing 50% U.S. tariffs on steel and aluminium and 25% on cars and car parts appear limited.

    ‘NUCLEAR OPTION’

    Washington has also rejected the EU’s demand for a “standstill” arrangement, whereby no further tariffs would be imposed after a deal is struck. The rationale, according to diplomats, is that Trump’s hands cannot be tied on national security, the basis of Section 232 trade investigations into pharmaceuticals, semiconductors and timber.

    Accordingly, the mood has pivoted among EU countries, EU diplomats say, and they are more ready to react, even though a negotiated solution is their preferred option.

    The EU has one package of tariffs on 21 billion euros ($24.5 billion) of U.S. goods that is currently suspended until August 6. The bloc must still decide on a further set of countermeasures on 72 billion euros of U.S. exports.

    Discussions have also increased on using the EU’s wide-ranging “anti-coercion” instrument (ACI) that allows the bloc to retaliate against third countries that put economic pressure on member states to change their policies.

    Brought in more with China in mind, it would allow the bloc to target U.S. services, limit U.S. companies’ access to public procurement or financial services markets or restrict U.S. investment.

    France has consistently advocated using the ACI, but others have baulked at what some see as a nuclear option. Trump has warned he will retaliate if other countries take action against the United States.

    European Commission President Ursula von der Leyen said a week ago that the ACI was created for extraordinary situations, adding: “We are not there yet.”

    The Commission would need a qualified majority of 15 countries making up 65% of the EU population to invoke it. It would not do so unless it was confident of passing it, but there are now growing signs of support building, with Germany among the countries saying it should be considered, EU diplomats say.

    (Reuters)

    July 22, 2025
  • EU to ramp up retaliation plans as US tariff deal prospects dim

    Source: Government of India

    Source: Government of India (4)

    The European Union is exploring a broader set of possible counter-measures against the United States as prospects for an acceptable trade agreement with Washington fade, according to EU diplomats.

    An increasing number of EU members, including Germany, are now considering using wide-ranging “anti-coercion” measures which would let the bloc target U.S. services and other sectors in the absence of a deal, diplomats say.

    The European Commission, which negotiates trade agreements on behalf of the 27-member bloc, had appeared on course for a agreement in which the EU would still have faced a 10% U.S. tariff on most of its exports, with some concessions.

    Such hopes now seem dashed after President Donald Trump’s threat to impose a 30% tariff by August 1, and following talks between EU Trade Commissioner Maros Sefcovic and U.S. counterparts in Washington last week.

    Sefcovic, who has said a 30% tariff would “practically prohibit” transatlantic trade, delivered a sober report on the current state of play to EU envoys on Friday, diplomats told Reuters.

    U.S. counterparts had come up with diverging solutions during his meetings, including a baseline rate that could be well above 10%, the EU diplomats added.

    “Each interlocutor seemed to have different ideas. No one can tell (Sefcovic) what would actually fly with Trump,” one diplomat said.

    Prospects of easing or removing 50% U.S. tariffs on steel and aluminium and 25% on cars and car parts appear limited.

    ‘NUCLEAR OPTION’

    Washington has also rejected the EU’s demand for a “standstill” arrangement, whereby no further tariffs would be imposed after a deal is struck. The rationale, according to diplomats, is that Trump’s hands cannot be tied on national security, the basis of Section 232 trade investigations into pharmaceuticals, semiconductors and timber.

    Accordingly, the mood has pivoted among EU countries, EU diplomats say, and they are more ready to react, even though a negotiated solution is their preferred option.

    The EU has one package of tariffs on 21 billion euros ($24.5 billion) of U.S. goods that is currently suspended until August 6. The bloc must still decide on a further set of countermeasures on 72 billion euros of U.S. exports.

    Discussions have also increased on using the EU’s wide-ranging “anti-coercion” instrument (ACI) that allows the bloc to retaliate against third countries that put economic pressure on member states to change their policies.

    Brought in more with China in mind, it would allow the bloc to target U.S. services, limit U.S. companies’ access to public procurement or financial services markets or restrict U.S. investment.

    France has consistently advocated using the ACI, but others have baulked at what some see as a nuclear option. Trump has warned he will retaliate if other countries take action against the United States.

    European Commission President Ursula von der Leyen said a week ago that the ACI was created for extraordinary situations, adding: “We are not there yet.”

    The Commission would need a qualified majority of 15 countries making up 65% of the EU population to invoke it. It would not do so unless it was confident of passing it, but there are now growing signs of support building, with Germany among the countries saying it should be considered, EU diplomats say.

    (Reuters)

    July 22, 2025
  • Veteran communist leader and former Kerala CM V.S. Achuthanandan passes away at 101

    Source: Government of India

    Source: Government of India (4)

    Veteran Communist leader and former Kerala Chief Minister V.S. Achuthanandan passed away on Monday afternoon at a private hospital in Thiruvananthapuram. He was 101.

    Achuthanandan had been battling for his life for over a month after suffering a cardiac arrest at his son’s residence in the state capital on June 23. Since then, he had been on ventilator support in the intensive care unit.

    Chief Minister Pinarayi Vijayan, along with CPI(M) state secretary M.V. Govindan, rushed to the hospital to meet Achuthanandan’s family and consult with the attending doctors. Following their visit, a steady stream of political leaders arrived at the hospital to pay their respects.

    A special medical board comprising experts from the Medical College had been overseeing his treatment in coordination with hospital staff. He was also undergoing dialysis, which was temporarily suspended during the course of his illness.

    Achuthanandan’s son-in-law, a doctor, administered cardiopulmonary resuscitation (CPR) at home before the veteran leader was taken to the hospital last month.

    Since stepping down as Chairman of the Administrative Reforms Commission in January 2021, Achuthanandan had been living alternately with his son and daughter in Thiruvananthapuram. His own residence in Alappuzha, which he had built during his long political career, remained closed.

    Achuthanandan was a towering figure in Kerala’s political landscape. As Leader of the Opposition from 2001 to 2006, he relentlessly attacked the then A.K. Antony-led UDF government. His populist stance and uncompromising image earned him admiration across party lines, particularly among apolitical and first-time voters.

    He led the CPI(M)-led Left Democratic Front (LDF) to victory in the 2006 Assembly elections and served as Chief Minister from 2006 to 2011. In 2011, he once again spearheaded the LDF campaign and came close to securing a second term. However, the Oommen Chandy-led UDF narrowly won, securing 72 seats in the 140-member Assembly.

    Achuthanandan’s passing marks the end of an era in Kerala politics—one defined by fierce ideological battles, grassroots activism, and an unwavering commitment to public life.

    —IANS

    July 22, 2025
  • Russia says it favours new round of peace talks with Ukraine, highlights gulf between them

    Source: Government of India

    Source: Government of India (4)

    The Kremlin said on Monday that Moscow was in favour of a new round of peace talks between Russia and Ukraine but the two sides’ positions were diametrically opposed so there was a lot of diplomatic work to be done.

    Ukrainian President Volodymyr Zelenskiy said on Saturday that Kyiv has sent Moscow an offer to hold another round of peace talks this week, and that he wants to speed up negotiations for a ceasefire.

    Kremlin spokesman Dmitry Peskov said that as soon as there was a definitive understanding of the date for the next round of talks then Moscow would announce it.

    “There is our draft memorandum, there is a draft memorandum that has been handed over by the Ukrainian side. There is to be an exchange of views and talks on these two drafts, which are diametrically opposed so far,” Peskov said.

    Ukraine and Russia have held two rounds of talks in Istanbul, on May 16 and June 2, that led to the exchange of thousands of prisoners of war and the remains of dead soldiers. But the two sides have made no breakthrough towards a ceasefire or a settlement to end almost three and a half years of war.

    (Reuters)

    July 22, 2025
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