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Category: Asia

  • MIL-OSI Global: Press freedom linked to greater financial stability, finds global study

    Source: The Conversation – UK – By George Kladakis, Lecturer in Finance, University of St Andrews

    Press freedom is widely considered to be a cornerstone of democracy. It brings accountability, transparency and access to reliable information.

    But beyond its democratic role, press freedom is also a vital part of a stable economy. Research has shown that it acts as a kind of financial watchdog, ensuring balance and accuracy.

    In doing so, an independent press strengthens the resilience of financial institutions. And our research suggests that higher levels of press freedom can also be linked to greater financial stability and lower “systemic risk” – where something bad happening at one company can trigger wider instability or even industry collapse – in the banking sector.

    Using data from 47 countries, we found that an independent press brings greater scrutiny of banking executives. Another benefit is a better flow of information around the financial markets, making the whole system more efficient.

    Countries with higher levels of press freedom are also more likely to foster corporate and political cultures that are free from the sort of corruption which could jeopardise the stability of the banking sector. All of these advantages are most pronounced during economic downturns or banking crises.

    And even outside times of crisis, we can see the positive effects by looking at basic financial indicators in countries with high and low press freedom levels. Countries with consistently high levels of press freedom such as Norway, Sweden or Estonia, for example, have far fewer non-performing (unrepaid) loans than countries with low levels of press freedom such as Pakistan, Greece or Russia.

    But a free press and a stable banking industry are by no means the norm.

    Recent data from the campaign group Reporters Without Borders highlights a worrying decline in media autonomy. It reports that 135 out of 180 countries now have press freedom levels classified as “problematic”, “difficult” or “very serious”.

    This trend extends to advanced economies such as Japan (70th, down from 68th in 2023), Italy (46th, down from 41st), and the US (55th, down from 45th).

    And it looks like the world’s largest economy could slip down the rankings even further. Although President Trump signed an executive order aimed at “restoring freedom of speech”, he has also explicitly threatened to revoke broadcast licenses, investigate critical media and jail journalists who protect confidential sources.

    In February 2025, White House officials even informed one US news agency that its journalists would be barred from entering the Oval Office until it stopped using the geographic term “Gulf of Mexico” instead of Trump’s preferred “Gulf of America”.

    But the Trump effect is not limited to the US. A recent aid freeze by his administration has cut billions in funding for independent media outlets across more than 30 countries, including Ukraine, Afghanistan and Iran.

    Press test

    Notable declines in press freedom have also been observed in politically volatile regions such as Latin America, Africa, the Middle East and central Asia, where authoritarian regimes continue to tighten their grip on the media.

    The survey from Reporters Without Borders suggests that governments across the world are failing to protect journalism, with a marked trend of declining press freedom.

    In 2014, 13% of countries enjoyed a “good” degree of press freedom, but this figure dropped to 7% by 2021 and then to just 4.4% in 2022. Conversely, the share of countries in the lowest classifications has risen dramatically. A decade ago, 8% were considered “difficult”, now that figure is 24%. The number of those with a “very serious” situation has gone from 8% to 17% in the same period.



    Read more:
    White House spat with AP over ‘Gulf of America’ ignites fears for press freedom in second Trump era

    Of course, there are outliers in the global picture. China, for example, has limited press freedom but a very stable banking sector that has been highly resilient to external shocks in the past. But the country is run by an authoritarian regime that helps to shield its banks from those kinds of risks.

    Elsewhere though, the decline in press freedom threatens not just democratic principles and political transparency, but also the operation of financial markets. Safeguarding that freedom is a critical basis of economic resilience and stability.

    The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. Press freedom linked to greater financial stability, finds global study – https://theconversation.com/press-freedom-linked-to-greater-financial-stability-finds-global-study-248207

    MIL OSI – Global Reports –

    April 10, 2025

  • MIL-OSI Global: White Lotus hotels target gen Z travellers – but luxury resorts don’t reflect their travel habits

    Source: The Conversation – UK – By Ross Bennett-Cook, PhD Candidate in the Carnegie School of Sport, Leeds Beckett University

    American-British actor, Sam Nivola, in the season three finale of The White Lotus. Fabio Lovino / HBO

    HBO’s hit television series, The White Lotus, is as renowned for its stunning hotels and filming locations as it is for its mixture of unsettling, hilarious and sultry storylines.

    Set in fictional five-star “White Lotus” resorts, fans quickly learned the true locations of the luxury hotels. Each season has been set in a different destination – Hawaii, Sicily and, most recently, Thailand – and every resort has seen a surge in interest since featuring on the show. This has been labelled the “White Lotus effect”.

    Four Seasons Hotels, the actual brand behind the resorts, said the original White Lotus in Hawaii saw a 386% increase in availability checks after appearing on the show. And Hotels.com reported a 40% spike in booking interest for the filming location in Koh Samui, Thailand, following the release of the season three trailer.

    Four Seasons says the show’s popularity among gen Z and millennials is introducing a new market to their hotels. According to the company’s internal research, 71% of millennials who watch the show and are aware of Four Seasons have expressed a strong likelihood of visiting the featured properties.

    Younger age groups are key targets for Four Seasons, which is keen to attract the next generation of luxury travellers. But do luxury resorts really represent the travel habits of young people?

    According to a 2023 survey by consultancy firm Deloitte, young people have been hit particularly hard by the rising cost of living. Many are losing hope of owning a home and even starting a family. It has been widely reported that younger generations are worse off than their parents.

    With property ownership out of reach, many young people seem more willing to splurge on travel than save for an uncertain future. According to a 2017 poll by Realty Mogul, a real estate crowdfunding platform, almost half of young people aged 18 to 34 would prioritise travelling over buying a home. This compared to just 26% of those aged 45 and over.

    But gen Z generally aren’t as interested in five-star resorts as they are in five-star experiences. Many travellers from this age group opt to spend big on once-in-a-lifetime activities rather than splash out on luxury accommodation. According to a 2022 YouGov poll, over one-third of young people say they’d pick a standard three-star or below hotel, making this the most popular accommodation option.

    However, the European Travel Commission has found that this generation embraces mixing budget and luxury options when they can. For example, they may use budget airlines to reach their destination so they can spend a little more elsewhere. According to the same YouGov poll, luxury hotels and resorts still rank among gen Z’s top three travel accommodations.

    Four Seasons properties have provided the setting for the first three seasons of The White Lotus.
    Todamo / Shutterstock

    For many gen Z travellers, the journey is also just as important as the destination – and the impact they leave behind matters, too. Research by Booking.com reveals that over half (52%) of gen Z travellers say the environmental impact of tourism on a destination influences their travel choices. Even more (63%) would consider avoiding a destination altogether if they knew it was threatened by overtourism.

    Many of these values may not align with the opulence typically associated with luxury travel. On the Hawaiian island of Maui, the setting for season one of The White Lotus, local opposition towards tourism erupted after deadly wildfires swept across the island in 2023 – the most deadly wildfire event in recent US history.

    While locals faced heavy restrictions due to water scarcity, the island’s hotels and resorts were allowed to maintain vast golf courses, lush gardens and pools and welcomed up to 8,000 tourists a day.

    Thousands signed petitions to delay the return of mass tourism to the islands. And community groups held what was called a 24 hour “fish-in” protest to prevent tourists from using the popular Kāʻanapali Beach, a long stretch of pristine coastline where several high-end resorts are located.

    Protesters said their aim was to bring attention to the displacement of locals made homeless due to the wildfires and unable to find permanent housing due to short-term holiday rentals taking priority.

    Leaders have long worried the islands are losing their culture as the cost of housing fuels an exodus of native Hawaiian residents. The 2022 census revealed that more native Hawaiians live outside of Hawaii than within.

    Luxury travel reimagined

    Gen Z may well be the next generation of luxury travellers. In 2017, millennials and gen Z consumers were responsible for 32% of sales in the global personal luxury goods market. This figure was forecast to increase to 45% by 2025.

    But luxury travel must change to cater to the tastes and interests of younger generations. These people largely crave unique, shareable and story-worthy travel – not just comfort, but connection. For this new generation of luxury travellers, a remote glamping trip under the stars, or an off-grid adventure with experienced locals, may be more attractive than the traditional luxury resort.

    Some brands are already making changes. In 2024, the Hyatt Hotels group introduced its “Be More Here” brand initiative, a collection of bespoke guest activities with a focus on wellness and experience.

    And the latest addition to the Maldives’ luxury resort portfolio, Six Senses, has an ethos centred on sustainability. Its resorts have an onsite environmental learning space, and offer immersive marine conservation experiences and sustainability tours to guests.

    As young people navigate a complex future, their travel choices reflect a deeper desire: not just to see the world, but to engage with it responsibly and thoughtfully, and gain something meaningful from it.

    Ross Bennett-Cook 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. White Lotus hotels target gen Z travellers – but luxury resorts don’t reflect their travel habits – https://theconversation.com/white-lotus-hotels-target-gen-z-travellers-but-luxury-resorts-dont-reflect-their-travel-habits-252242

    MIL OSI – Global Reports –

    April 10, 2025

  • MIL-OSI Global: Earth’s oceans once turned green – and they could change again

    Source: The Conversation – UK – By Cédric M. John, Professor and Head of Data Science for the Environment and Sustainability, Queen Mary University of London

    Were Earth’s oceans once green? 100Y Design/Shutterstock

    Nearly three fourths of Earth is covered by oceans, making the planet look like a pale blue dot from space. But Japanese researchers have made a compelling case that Earth’s oceans were once green, in a study published in Nature.

    The reason Earth’s oceans may have looked different in the ancient past is to do with their chemistry and the evolution of photosynthesis. As a geology undergraduate student, I was taught about the importance of a type of rock deposit known as the banded iron formation in recording the planet’s history.

    Banded iron formations were deposited in the Archean and Paleoproterozoic eons, roughly between 3.8 and 1.8 billion years ago. Life back then was confined to one cell organisms in the oceans. The continents were a barren landscape of grey, brown and black rocks and sediments.

    Rain falling on continental rocks dissolved iron which was then carried to the oceans by rivers. Other sources of iron were volcanoes on the ocean floor. This iron will become important later.

    Cross section of banded iron formation in Karijini National park, in the Hamersley Range, Western Australia.
    Hans Wismeijer/Shutterstock

    The Archaean eon was a time when Earth’s atmosphere and ocean were devoid of gaseous oxygen, but also when the first organisms to generate energy from sunlight evolved. These organisms used anaerobic photosynthesis, meaning they can do photosynthesis in the absence of oxygen.

    It triggered important changes as a byproduct of anaerobic photosynthesis is oxygen gas. Oxygen gas bound to iron in seawater. Oxygen only existed as a gas in the atmosphere once the seawater iron could neutralise no more oxygen.

    Eventually, early photosynthesis led to the “great oxidation event”, a major ecological turning point that made complex life on Earth possible. It marked the transition from a largely oxygen free Earth to one with large amounts of oxygen in the ocean and atmosphere.

    The “bands” of different colours in banded iron formations record this shift with an alternation between deposits of iron deposited in the absence of oxygen and red oxidised iron.

    The case for green oceans

    The recent paper’s case for green oceans in the Archaean eon starts with an observation: waters around the Japanese volcanic island of Iwo Jima have a greenish hue linked to a form of oxidised iron – Fe(III). Blue-green algae thrive in the green waters surrounding the island.

    Despite their name, blue-green algae are primitive bacteria and not true algae. In the Archaean eon, the ancestors of modern blue-green algae evolved alongside other bacteria that use ferrous iron instead of water as the source of electrons for photosynthesis. This points to high levels of iron in the ocean.

    The ocean around Iwo Jima has a greenish hue.
    Phan Lee McCaskill/US Navy

    Photosynthetic organisms use pigments (mostly chlorophyll) in their cells to transform CO₂ into sugars using the energy of the sun. Chlorophyll gives plants their green colour. Blue-green algae are peculiar because they carry the common chlorophyll pigment, but also a second pigment called phycoerythrobilin (PEB).

    In their paper, the researchers found that genetically engineered modern blue-green algae with PEB grow better in green waters. Although chlorophyll is great for photosynthesis in the spectra of light visible to us, PEB seems to be superior in green-light conditions.

    Before the rise of photosynthesis and oxygen, Earth’s oceans contained dissolved reduced iron (iron deposited in the absence of oxygen). Oxygen released by the rise of photosynthesis in the Archean eon then led to oxidised iron in seawater. The paper’s computer simulations also found oxygen released by early photosynthesis led to a high enough concentration of oxidised iron particles to turn the surface water green.

    Once all iron in the ocean was oxidised, free oxygen (0₂) existed in Earth’s oceans and atmosphere. So a major implication of the study is that pale-green dot worlds viewed from space are good candidates planets to harbour early photosynthetic life.

    The changes in ocean chemistry were gradual. The Archaean period lasted 1.5 billion years. This is more than half of Earth’s history. By comparison, the entire history of the rise and evolution of complex life represents about an eighth of Earth’s history.

    Almost certainly, the colour of the oceans changed gradually during this period and potentially oscillated. This could explain why blue-green algae evolved both forms of photosynthetic pigments. Chlorophyll is best for white light which is the type of sunlight we have today. Taking advantage of green and white light would have been an evolutionary advantage.

    Could oceans change colour again?

    The lesson from the recent Japanese paper is that the colour of our oceans are linked to water chemistry and the influence of life. We can imagine different ocean colours without borrowing too much from science fiction.

    Purple oceans would be possible on Earth if the levels of sulphur were high. This could be linked to intense volcanic activity and low oxygen content in the atmosphere, which would lead to the dominance of purple sulphur bacteria.

    Red oceans are also theoretically possible under intense tropical climates when red oxidised iron forms from the decay of rocks on the land and is carried to the oceans by rivers or winds. Or if a type of algae linked to “red tides” came to dominate the surface oceans.

    These red algae are common in areas with intense concentration of fertiliser such as nitrogen. In the modern oceans, this tends to happen in coastline close to sewers.

    As our sun ages, it will first become brighter leading to increased surface evaporation and intense UV light. This may favour purple sulphur bacteria living in deep waters without oxygen.

    It will lead to more purple, brown, or green hues in coastal or stratified areas, with less deep blue colour in water as phytoplankton decline. Eventually, oceans will evaporate completely as the sun expands to encompass the orbit of Earth.

    At geological timescales nothing is permanent and changes in the colour of our oceans are therefore inevitable.

    Cedric John receives funding from the UKRI.

    – ref. Earth’s oceans once turned green – and they could change again – https://theconversation.com/earths-oceans-once-turned-green-and-they-could-change-again-253460

    MIL OSI – Global Reports –

    April 10, 2025

  • MIL-Evening Report: Europe tops global ranking of dynamic and sustainable cities – here’s why

    Source: The Conversation (Au and NZ) – By Pascual Berrone, Head of Strategic Management Department and Chair of Sustainability and Business Strategy, IESE Business School (Universidad de Navarra)

    London, New York and Paris have been named the world’s most dynamic and liveable cities. This is according to a new ranking of global cities that highlights Europe’s ability to balance sustainability and growth in its urban centres.

    The IESE Cities in Motion index looks at 183 cities in 92 countries, and ranks them in nine key areas: human capital, social cohesion, economy, governance, environment, mobility and transportation, urban planning, international profile and technology. It’s different from other indices in that it takes into account so many metrics – more than 100 – on everything from ease of starting a business to number of museums and art galleries, internet speed and commute times.

    The idea is to systematically gauge what makes a city the sort of place where people want to live and work. This is important not just for the quality of life of habitual residents, but also because location is vital for attracting global talent, especially among younger generations.

    What makes the winners?

    The top 10 cities in the 2025 edition were London, New York, Paris, Tokyo, Berlin, Washington DC, Copenhagen, Oslo, Singapore and San Francisco.

    The top three all do particularly well in human capital, which includes features like educational and cultural institutions. They also score highly on international profile, which looks at indicators of global interest, such as the number of airport passengers and hotels.

    Beyond those two areas, London cements its status as a global hub of high-level innovation and development, also standing out for governance and urban planning. The UK capital is somewhat weaker in social cohesion, where it came 20th, though not nearly as bad as second-place New York, which ranked 127th out of 183 cities in this category – among the lowest of developed countries. New York does, however, stand out for its economic performance, and does very well in mobility and transportation.

    Paris, meanwhile, performs well across many metrics, including urban planning as well as international profile and human capital.

    What Europe gets right

    We’ve been calculating the index for a decade now, and European cities consistently perform well. This year, five of the top 10 cities – London, Paris, Berlin, Copenhagen and Oslo – are European.

    We adjust the index on a regular basis in order to make sure that we’re measuring what’s relevant. For example, this year we introduced new metrics on women’s leadership, renewable energy sources and green spaces, as well as on availability of coworking spaces.

    There’s no single reason behind Europe’s success, but there are patterns. Its large global metropolises, such as London and Paris, offer advanced technology, international communities and diversified economies in services, technology and finance. They have generally stable political systems and reasonable urban planning, along with advanced public and private transport options. However, while highly diverse, they also suffer from income inequalities.

    In addition to these mega cities, Europe is home to a large number of sustainable and culturally vibrant cities of many sizes. All the Spanish cities included in the index (10 in total, including Madrid and Barcelona) are part of this cluster.

    These are mature economies that prioritise sustainability over rapid growth, seeking to balance liveability and stability. They also have steady political systems, a commitment to green policies and urban planning strategies that give weight to sustainable infrastructure that enhances liveability.

    They do well in social cohesion, with high levels of integration and relatively low levels of inequality. In terms of technology, they are steady adopters but they are not, for the most part, trailblazing innovators.

    It’s also interesting to note the performance of North American cities, which show that economic might and technological prowess don’t always translate into more liveable metropolises. US cities dominate the economic dimension – eight of the top 10 in economic performance are American – but there’s not a single American city in the top 10 for social cohesion or environment. They do well in our ranking – New York, Washington, San Francisco, Chicago and Boston are all in the top 20 – as would be expected of high-income cities, but their performance in different areas varies widely.

    Meanwhile, developing countries continue to struggle to break into the top ranks. In Latin America, the highest-ranked city is Santiago (89th), followed by Buenos Aires (117th) and Mexico City (118th). In Africa, Cape Town (156th) is the top-ranked city. At the very bottom of the ranking are Lagos, Lahore and Karachi.

    Recommendations for cities

    In this tenth edition, we are starting to see greater homogeneity of cities, suggesting that urban planners are learning how to confront similar social, economic and geopolitical challenges. Here are some of our recommendations for how they can improve further:

    • Adaptive and participatory planning: Cities should adopt an approach to planning that is both inclusive and adaptive. This means actively engaging residents, businesses and organisations in identifying priorities, and establishing mechanisms to respond to unexpected developments.

    • Sustainability as a core principle: A commitment to environmental sustainability and innovation in urban planning is key. Cities should pursue policies that reduce carbon emissions, such as adopting renewable energy. Their strategies must also factor in environmental impact and preparedness for extreme climate events, such as wildfires or floods.

    • Economic and social resilience: To address economic inequalities and a lack of social cohesion, cities should implement policies that foster economic equity, such as incentives for small businesses and job training programs that improve access to employment. They should also develop community support networks that strengthen social ties and promote the integration of vulnerable groups.

    • Inclusive technology: To close the digital divide, cities should develop a robust technological infrastructure that ensures connectivity across all urban areas and provides digital skills training for residents. Open data platforms that enhance transparency and encourage citizen participation can play a key role in this.

    • International cooperation: Cities should actively participate in international networks to foster mutual learning and best practices, and to collaborate on joint projects.

    • Continuous measurement: Metrics are essential, both to track progress and to benchmark against other cities with similar characteristics. While cities should develop their own performance dashboards with relevant indicators, our index can serve as an initial framework for identifying key dimensions and the most important indicators.

    Las personas firmantes no son asalariadas, ni consultoras, ni poseen acciones, ni reciben financiación de ninguna compañía u organización que pueda obtener beneficio de este artículo, y han declarado carecer de vínculos relevantes más allá del cargo académico citado anteriormente.

    – ref. Europe tops global ranking of dynamic and sustainable cities – here’s why – https://theconversation.com/europe-tops-global-ranking-of-dynamic-and-sustainable-cities-heres-why-253887

    MIL OSI Analysis – EveningReport.nz –

    April 10, 2025

  • MIL-OSI USA: Foreign Affairs Ranking Member Meeks, Neal, Larsen Introduce Resolution to Force Vote on Trump Tariffs

    Source: United States House of Representatives – Congressman Gregory W Meeks (5th District of New York)

    Post navigation

    Washington, DC – Representatives Gregory W. Meeks, Ranking Member of the House Foreign Affairs Committee, Richard E. Neal, Ranking Member of the Ways & Means Committee, and Rick Larsen, Ranking Member of the House Committee on Transportation & Infrastructure, today introduced a privileged resolution to terminate President Trump’s abuse of “emergency” authorities to impose sweeping tariffs on U.S. imports.

    The Resolution would end Trump’s declared national emergency under the International Emergency Economic Powers Act (IEEPA), an authority he is using to levy a blanket 10% tariff on all imports, along with additional massive tariffs on dozens of key U.S. trading partners. Under the National Emergencies Act, a privileged resolution to terminate the emergency must be acted upon within 15 calendar days, otherwise, it must be brought for a vote to the House floor.

    The resolution is cosponsored by 23 additional Representatives. A PDF of the measure can be found here.

    “By implementing these tariffs, Trump has now imposed the largest and most regressive tax in modern history, sent the stock market into its worst plunge since COVID, and is risking a global recession. These tariffs are nothing more than a sales tax on American families, driving up prices on everything from groceries to cars. The average American household will pay $5,000 more per year for everyday necessities, while Trump and Republicans push tax cuts for their MAGA billionaire donors.

    “Today we’ve introduced a resolution that will force a vote on the floor of the House to terminate the authorities Trump has abused to unilaterally implement these tariffs. There is no national emergency justification to the President’s trade war. We are not at war with the EU or with allies in the Americas and Africa, with Southeast Asia, with Japan or with Israel, which is facing higher tariffs than adversaries like Iran. This is economic sabotage dressed up as policy.

    “Republicans can’t keep ducking the vote on these taxes. It is time they take a vote and show their constituents whether or not they support the ‘economic pain’ President Trump is inflicting on American families,” said the Ranking Members.

    Additional cosponsors include: Suzan K. DelBene (WA01), Joaquin Castro (TX20), Greg Stanton (AZ04),  William R. Keating (MA09), Gerald E. Connolly (VA11), Donald S. Beyer Jr. (VA08), Mikie Sherrill (NJ11), Sean Casten (IL06), Jimmy Panetta (CA19), Sam T. Liccardo (CA16), Sheila Cherfilus-McCormick (FL20),  Jim Costa (CA21), George Latimer (NY16), Dina Titus (NV01), Sydney Kamlager-Dove (CA37), Sarah McBride (DE-at Large), Julie Johnson (TX32), Pramila Jayapal (WA07), Bradley Scott Schneider (IL10), Johnny Olszewski Jr. (MD02), Gabe Amo (RI01), Kweisi Mfume (MD07), Ami Bera (CA06)

    ###

    MIL OSI USA News –

    April 10, 2025

  • MIL-OSI USA: Larsen, Meeks, Neal Introduce Resolution to Force Vote on Trump Tariffs

    Source: United States House of Representatives – Congressman Rick Larsen (2nd Congressional District Washington)

    Washington, DC – Representatives Gregory W. Meeks, Ranking Member of the House Foreign Affairs Committee, Richard E. Neal, Ranking Member of the Ways & Means Committee, and Rick Larsen, Ranking Member of the House Committee on Transportation & Infrastructure, today introduced a privileged resolution to terminate President Trump’s abuse of “emergency” authorities to impose sweeping tariffs on U.S. imports.

    The Resolution would end Trump’s declared national emergency under the International Emergency Economic Powers Act (IEEPA), an authority he is using to levy a blanket 10% tariff on all imports, along with additional massive tariffs on dozens of key U.S. trading partners. Under the National Emergencies Act, a privileged resolution to terminate the emergency must be acted upon within 15 calendar days, otherwise, it must be brought for a vote to the House floor.

    The resolution is cosponsored by 23 additional Representatives. A PDF of the measure can be found here.

    “By implementing these tariffs, Trump has now imposed the largest and most regressive tax in modern history, sent the stock market into its worst plunge since COVID, and is risking a global recession. These tariffs are nothing more than a sales tax on American families, driving up prices on everything from groceries to cars. The average American household will pay $5,000 more per year for everyday necessities, while Trump and Republicans push tax cuts for their MAGA billionaire donors.

    “Today we’ve introduced a resolution that will force a vote on the floor of the House to terminate the authorities Trump has abused to unilaterally implement these tariffs. There is no national emergency justification to the President’s trade war. We are not at war with the EU or with allies in the Americas and Africa, with Southeast Asia, with Japan or with Israel, which is facing higher tariffs than adversaries like Iran. This is economic sabotage dressed up as policy.

    “Republicans can’t keep ducking the vote on these taxes. It is time they take a vote and show their constituents whether or not they support the ‘economic pain’ President Trump is inflicting on American families,” said the Ranking Members.

    Additional cosponsors include: Suzan K. DelBene (WA01), Joaquin Castro (TX20), Greg Stanton (AZ04),  William R. Keating (MA09), Gerald E. Connolly (VA11), Donald S. Beyer Jr. (VA08), Mikie Sherrill (NJ11), Sean Casten (IL06), Jimmy Panetta (CA19), Sam T. Liccardo (CA16), Sheila Cherfilus-McCormick (FL20),  Jim Costa (CA21), George Latimer (NY16), Dina Titus (NV01), Sydney Kamlager-Dove (CA37), Sarah McBride (DE-at Large), Julie Johnson (TX32), Pramila Jayapal (WA07), Bradley Scott Schneider (IL10), Johnny Olszewski Jr. (MD02), Gabe Amo (RI01), Kweisi Mfume (MD07), Ami Bera (CA06)

    ###

    MIL OSI USA News –

    April 10, 2025

  • MIL-OSI USA: Trump Follows Baldwin’s Lead to Crack Down on China, Close Trade Loophole for Fentanyl, Counterfeit Goods

    US Senate News:

    Source: United States Senator for Wisconsin Tammy Baldwin
    WASHINGTON, D.C. – Today, Senator Tammy Baldwin (D-WI) released the following statement after President Donald Trump announced his administration will close a trade loophole for China and Hong Kong that allows illegal substances and counterfeit goods to enter the country, a fix that she has championed for years. Currently, small-dollar imports with a value of less than $800 are allowed into the U.S. duty-free and with little customs scrutiny. However, this loophole has been abused by countries like China that are sending hundreds of billions of dollars’ worth of products into the U.S. market, undermining U.S. manufacturers and retailers, and letting illicit substances into our communities. Senator Baldwin has led on this issue, introducing the bipartisan De Minimis Reciprocity Act in 2023 to close this loophole by excluding countries like China from using the de minimis channel.
    “There is a whole lot of Donald Trump’s reckless trade policy that is wrong and will only jack up costs for working families, but on this, President Trump and I agree. I am glad the President is following my lead to close this loophole that undercuts our Wisconsin manufacturers and allows deadly drugs onto our streets,” said Senator Baldwin. “I have fought to close this loophole for years to keep our families safe and stand up for Wisconsin workers, and I’ll continue to push Donald Trump to tackle the fentanyl epidemic, level the playing field for our businesses, and give Wisconsin workers a fair shot.”
    According to the U.S. Customs and Border Patrol (CBP), more than 1.36 billion packages came into the U.S. under the de minimis rule that lacks customs scrutiny in Fiscal Year 2024.
    Senator Baldwin has long championed closing or amending the de minimis loophole to protect Wisconsin families and businesses. Senators Baldwin and Bill Cassidy (R-LA) lead the De Minimis Reciprocity Act to close the de minimis loophole by excluding untrustworthy countries like China from using the de minimis channel. The bipartisan legislation would also require more information on every package entering the U.S. and use the revenue proceeds to establish a fund for reshoring industry from China. Senator Baldwin also leads the Ensure Accountability in the De Minimis Act with former Senator Mike Braun (R-IN), bipartisan legislation to give clarity for what kind of small-dollar products and packages can enter the country through the expedited process that has minimal customs scrutiny.

    MIL OSI USA News –

    April 10, 2025

  • MIL-OSI Global: Next generation computer chips could process data at the speed of light – new research

    Source: The Conversation – UK – By Demosthenes Koutsogeorgis, Associate Professor of Photonic Technologies, School of Science & Technology, Nottingham Trent University

    3dartists / Shutterstock

    Electronic microchips are at the heart of the modern world. They’re found in our laptops, our smartphones, our cars and our household appliances. For years, manufacturers have been making them more powerful and efficient, which increases the performance of our electronic devices.

    But that trend is now faltering because of the increased cost and complexity of manufacturing chips, as well as performance limits set by the laws of physics. This is happening just as there’s a need for increased computing power because of the boom in artificial intelligence (AI).

    An alternative to the electronic microchips we currently use are photonic chips. These use light instead of electricity to achieve higher performance. However, photonic chips have not yet taken off due to a number of hurdles. Now, two papers published in Nature address some of these roadblocks, offering essential stepping stones to achieving the computing power required by complex artificial intelligence systems.

    By using light (photons) instead of electricity (electrons) for the transport and processing of information, photonic computing promises higher speeds and greater bandwidths with greater efficiency. This is because it does not suffer from the loss of electrical current due to a phenomenon known as resistance, as well as unwanted heat loss from electrical components.

    Photonic computing is also particularly suited for performing what are known as matrix multiplications – mathematical operations that are fundamental to AI.

    Those are some of the benefits. The challenges, however, are not trivial. In the past, the performance of photonic chips has generally been studied in isolation. But because of the dominance of electronics in modern technology, photonic hardware will need to be integrated with those electronic systems.

    However, converting photons into electrical signals can slow down processing times since light operates at higher speeds. Photonic computing is also based around analogue operations rather than digital ones. This can reduce precision and limit the type of computing tasks that can be carried out.

    It’s also difficult to scale them up from small prototypes because large-scale photonic circuits cannot currently be fabricated with sufficient accuracy. Photonic computing will require its own software and algorithms, compounding the challenges of integration and compatibility with other technology.

    Photonic chips would need to be integrated with electronic hardware.
    IM Imagery / Shutterstock

    The two new papers in Nature address many of these hurdles. Bo Peng, from Singapore-based company Lightelligence, and colleagues demonstrate a new type of processor for photonic computing called a Photonic Arithmetic Computing Engine (Pace). This processor has a low latency, which means that there is a minimal delay between an input or command and the corresponding response or action by the computer.

    The large-scale Pace processor, which has more than 16,000 photonic components, can solve difficult computing tasks, demonstrating the feasibility of the system for real world applications. The processor shows how integration of photonic and electronic hardware, accuracy, and the need for different software and algorithms can be resolved. It also demonstrates that the technology can be scaled up.

    This marks a significant development, despite some speed limitations of the current hardware.

    In a separate paper, Nicholas Harris, from California-based company Lightmatter, and colleagues describe a photonic processor that was able to run two AI systems with accuracy similar to those of conventional electronic processors. The authors demonstrated the effectiveness of their photonic processor through generating Shakespeare-like text, accurately classifying movie reviews and playing classic Atari computer games such as Pac-Man.

    The platform is also potentially scalable, though in this case limitations of the materials and engineering used curtailed one measure of the processor’s speed and its overall computational capabilities.

    Both teams suggest that their photonic systems can be part of scalable next generation hardware that can support the use of AI. This would finally make photonics viable, though further refinements will be needed. These will involve the use of more effective materials or designs.

    The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. Next generation computer chips could process data at the speed of light – new research – https://theconversation.com/next-generation-computer-chips-could-process-data-at-the-speed-of-light-new-research-254104

    MIL OSI – Global Reports –

    April 10, 2025

  • MIL-OSI: Correction: Information Relating to the Total Number of Voting Rights and Shares Forming the Share Capital

    Source: GlobeNewswire (MIL-OSI)

    Bernin, on April 9, 2025

    INFORMATION RELATING TO THE TOTAL NUMBER
    OF VOTING RIGHTS AND SHARES
    FORMING THE SHARE CAPITAL

    (Article L. 233-8 II of the French Commercial Code 
    and article 223-16 of the General Regulation of the French financial markets authority (AMF))

    This declaration cancels and replaces the previous one dated April 4, 2025

    Corporate name and address of the company: SOITEC
    Parc Technologique des Fontaines – Chemin des Franques
    38190 Bernin (FRANCE)

    Statement date Total number of shares forming the share capital Total number of voting rights
    03/31/2025 35,726,462(1) Number of theoretical (gross) voting rights (2): 45,641,575
    Number of exercisable (net) voting rights (3): 45,567,342
    1. 35,726,462 ordinary shares of €2.00 par value each, listed on the Euronext Paris regulated market under ISIN code FR0013227113 and the mnemonic “SOI”.
    1. The total number of theoretical voting rights (or “gross” voting rights) is used as the basis for calculating the crossing of shareholding thresholds. In accordance with article 223-11 of the General Regulation of the French Financial Markets Authority (Autorité des Marchés Financiers – AMF), this number is calculated on the basis of all shares to which single or double voting rights are attached, including shares without voting rights (for example, treasury shares, liquidity contract, etc.).
    1. The total number of exercisable voting rights (or “net” voting rights) is calculated after taking into account the number of shares entitled to double voting rights, and after deduction of the shares without voting rights (for example, treasury shares, liquidity contract, etc.).

    #  #  #

    About Soitec

    Soitec (Euronext – Tech Leaders), a world leader in innovative semiconductor materials, has been developing cutting-edge products delivering both technological performance and energy efficiency for over 30 years. From its global headquarters in France, Soitec is expanding internationally with its unique solutions, and generated sales of 1 billion Euros in fiscal year 2023-2024. Soitec occupies a key position in the semiconductor value chain, serving three main strategic markets: Mobile Communications, Automotive and Industrial, and Edge and Cloud AI. The company relies on the talent and diversity of its 2,300 employees, representing 50 different nationalities, working at its sites in Europe, the United States and Asia. Soitec has registered over 4,000 patents.
    Soitec, SmartSiC™ and Smart Cut™ are registered trademarks of Soitec.

    For more information visit our Website and follow us on LinkedIn and X 

    #  #  #

    Attachment

    • DDV March 2025 EN_9 April 2025

    The MIL Network –

    April 10, 2025

  • MIL-OSI: Energys Group Signs Memorandum of Understanding to Acquire 49% Interest in Energy Services Company Operating in Hong Kong

    Source: GlobeNewswire (MIL-OSI)

    BILLINGSHURST, WEST SUSSEX, UNITED KINGDOM, April 09, 2025 (GLOBE NEWSWIRE) — Energys Group Limited (NASDAQ: ENGS) (“Energys Group” or the “Company”), a vertically integrated energy efficiency and decarbonization solutions provider for the built environment, today announced that it has entered into a non-binding Memorandum of Understanding (MOU) to acquire a 49% equity interest in Energys Spectrum Limited (the “Target Company”), a Hong Kong-based energy-saving technologies and services provider.

    The Target Company specializes in providing end-to-end retrofitting solutions aimed at reducing energy consumption, carbon emissions, and operating costs for both public and private sector clients. As the exclusive licensee of Energys Group in Hong Kong and Macau, the Target Company actively promotes the Energys brand by procuring products and solutions from the Company’s wholly-owned operating subsidiary and recommending them to its clients.

    The MOU is non-binding and remains subject to the negotiation and execution of a definitive agreement and customary closing conditions. The consideration for the shares to be purchased by the Company will be determined with reference to the valuation of the shares as determined by a professional valuator to be engaged by the Company, and is subject to negotiation between the parties. Among other conditions, the acquisition of the shares is contingent on (i) the Company and the Target Company having agreed on the purchase price for the shares; and (ii) the Company being satisfied with the results of its due diligence review of the Target Company’s financial position and business condition.

    The Company has paid a refundable deposit of US$5.5 million, which will be applied towards the purchase price of the shares, unless it is forfeited due to the Company not having fulfilled its obligations under the MOU. The MOU provides that the acquisition is to be consummated no later than December 31, 2025.

    Upon completion, the acquisition is expected to further strengthen the Company’s presence and competitiveness in the Hong Kong and Macau markets, while securing higher margins from product and solution sales to the Target Company.

    Michael Lau, Executive Director and Chief Technology Officer of Energys Group Limited, commented, “We are delighted to have reached an MOU with our key partner in Hong Kong. If the acquisition is completed, it is expected to further strengthen Energys’ brand profile in the regional market. It is also expected to generate a financial return through increasing product adoption and expanding margins as a result of value chain consolidation and streamlined operations. We hope that this will be the first of many acquisitions, and we will continue to accelerate regional decarbonization efforts while driving shareholders’ return.”

    About Energys Group

    Founded in 1998 as an energy conservation consultancy, Energys Group has since transitioned into a vertically integrated energy efficiency and decarbonization solutions provider for the built environment. Serving organizations from both the private and public sectors, including schools, universities, hospitals, and offices, primarily in the UK, the Company’s vision is to deliver innovative solutions that reduce carbon emissions, lower costs, and support the Net Zero agenda – alongside improving the wellbeing of building users within the built environment.

    Forward-Looking Statements

    All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends 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,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to,” or other similar expressions. The Company undertakes no obligation to update 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 in its other filings with the SEC.

    For more information, please contact:
    DLK Advisory
    Phone: +852-2857-7101
    Email: ir@dlkadvisory.com

    The MIL Network –

    April 10, 2025

  • MIL-OSI United Nations: Trust-Building ‘Fundamental to Fostering Stable, Prosperous Future for All Communities in Kosovo’, Special Representative Tells Security Council

    Source: United Nations MIL OSI b

    Several Members Debate Future of UN Mission, Urge European Union Maintain Objective, Neutral Position between Pristina, Belgrade

    The Security Council met today to consider the role of the United Nations peacekeeping mission in Kosovo, with some members advocating for its restructuring or gradual drawdown, while others emphasized its ongoing relevance in supporting regional stability and facilitating dialogue between Belgrade and Pristina.

    “Trust-building remains fundamental to fostering a stable and prosperous future for all communities in Kosovo,” said Caroline Ziadeh, Special Representative of the Secretary-General and Head of the United Nations Interim Administration Mission in Kosovo (UNMIK), as she introduced the Secretary-General’s latest report on the Mission (document S/2025/200) covering developments from 16 September 2024 to 15 March 2025.

    UNMIK was established in 1999 through Security Council resolution 1244 (1999) to provide an interim civilian administration, following a brutal conflict in the Western Balkans and the North Atlantic Treaty Organization’s (NATO) military intervention.  It now primarily focuses on political monitoring, facilitating intercommunal dialogue and regularly reporting to the Council, particularly on issues affecting peace and stability.

    “Despite the continued challenges which reflect a sense of lack of confidence in institutions and concerns over intercommunal relations, UNMIK stands steadfast in its commitment to bridging divides,” the Special Representative said, detailing the Mission’s initiatives to promote interethnic dialogue and countering divisive narratives to “address the trust deficit”, including the Barabar Centre, which hosted more than 100 events.

    She welcomed the peaceful holding of a recent election in Kosovo, expressing hope for the timely formation of the next Government.  However, she went on to voice concern about the closures of Serbia-run institutions there, and the consequences they are having on economic and social rights, especially for persons in vulnerable situations.  “UNMIK will continue to closely monitor their impacts,” she said, reiterating her call to refrain from unilateral actions and urge outstanding issues to be discussed constructively and in good faith within the European Union-facilitated dialogue.

    She also voiced alarm over the destruction of religious symbols, most recently an attack on the Serbian Orthodox Church, as well as violence and security incidents in northern Kosovo.

    Serbia, Kosovo Trade Accusations

    Marko Đjurić, Minister for Foreign Affairs of Serbia, underscored the need to protect the sovereignty and territorial integrity of internationally recognized States, including his own.  “I believe that today — whether we want to admit it or not — we are all aware of the consequences of the precedent set in 2008 by the unilateral declaration of independence of Kosovo,” he said, noting that — since 2008, “we have seen an increasing number of situations questioning statuses of various regions, provinces, territories of sovereign countries, members of this Organization”.  He added: “In fact, in the aftermath of the Kosovo precedent, this very Security Council has been overwhelmed with dealing with the consequences thereof.”

    He then turned to Pristina’s actions to “systematically dismantle institutions of Serbs throughout Kosovo and Metohija”; to hold elections in which conditions for Serb participation “were anything but free or fair”; and to initiate a “widespread campaign of persecution against prominent Serbs in Kosovo and Metohija for their participation in protests in late 2022”.  He underscored:  “What [Albin] Kurti is doing to the Serbs in Kosovo and Metohija is not an act of care for citizens — it is targeted, deliberate and systematic ethnic revanchism.” He added that, while Serbia will always support dialogue, “we must not forget that the ‘di’ in ‘dialogue’ stands for participation of two sides”.  Against these backdrops, “UNMIK’s role is not only relevant, it is indispensable”, he stressed.

    Donika Gërvalla-Schwarz of Kosovo then recalled the NATO intervention on 24 March 1999 “to stop a genocide in Europe”.  Now, 26 years later, she said that “the republic of Kosova is a true example of how international intervention against genocide, with sustained international support, has enabled the flourishing of a full European and Western democracy”. However, she said that “Serbia has not changed very much — it continues trying to destabilize our democracy”.  It does this not only through rhetoric, but concrete, violent actions.  On that, she spotlighted an armed incursion in 2023 led by Milan Radoičić — “a man publicly known to be linked to Serbia’s political leadership”.

    This, she stressed, was an “act of open aggression against a neighbouring country, carried out by a military group with military training, equipment and logistics from Serbia”.  She also pointed to the November 2024 use of “military-grade explosives” against the Ibër-Lepenc canal.  “The objective was unmistakable, designed to terrorize our population, disrupt daily life and cause widespread harm,” she stressed.  Calling on Serbia to fully cooperate with international investigations and hand over Mr. Radoičić, she also called on UNMIK to “finally address the reality on the ground:  Serbia’s current regime continues to undermine peace — not only in Kosova, but throughout the region”.  She added that — given the current state of Kosova’s development — “UNMIK no longer serves a purpose that justifies its continued presence”.

    European Union’s Role

    “The future of the Western Balkans is in our European Union,” said the bloc’s representative, speaking in his capacity as observer, welcoming that Belgrade and Pristina reaffirmed their commitment to dialogue facilitated by the Union and the process of normalizing their relations — essential conditions for the parties to join the European Union.  He urged both sides not to risk losing this opportunity.

    However, the Russian Federation’s delegate questioned the European Union’s role as an “honest broker”.  Brussels ignores the tragedy of anti-Serb ethnic cleansing in Kosovo and encourages Pristina to continue oppressing the Serbian population. “The [European Union] mediation has completely failed,” he said, also warning against continued deliveries of military products to Kosovo from NATO countries in violation of resolution 1244 (1999).  “Given the lack of progress in the settlement, the international community’s attention to Kosovo should not wane,” he said, rejecting any attempt to reduce the frequency or changing the format, of Council meetings on Kosovo.  He also opposed reducing UNMIK’s budget and personnel.

    China’s delegate also called on the European Union to maintain an objective, neutral position, underscoring the need for the United Nations and the Security Council to maintain their attention on the Kosovo issue and respect the sovereignty, independence and territorial integrity of Serbia.  Greece’s delegate supported the continuation of UNMIK’s mandate “as necessary”, arguing that its coordination with the NATO-led peacekeeping force and the European Union rule of law mission in Kosovo is vital for achieving long-lasting peace and stability in the region.  Similarly, Panama’s representative said that UNMIK and the European missions on the ground remain crucial for progress towards peacebuilding in the region.

    The representative of France, Council President for April, spoke in his national capacity to state that the Mission’s mandate is “linked to the normalization of Serbia and Kosovo”.  He therefore expressed support for the Mission’s extension.

    Calls to Draw Down UN Kosovo Mission

    However, “the time to draw down UNMIK has arrived”, the representative of the United States said, recommending that the Mission transfer its functions to other UN agencies on the ground so the process towards ultimately terminating the Mission is deliberate and gradual, rather than sudden.  Washington, D.C., is committed to rooting out unnecessary spending in international organizations.  “UNMIK is a peacekeeping mission without peacekeepers, with 81 per cent of its budget going to staff salaries,” he pointed out.  Future meetings on UNMIK should be held in a closed format to foster a more candid and less performative discussion.  These briefings should be further reduced to annual meetings, he added.

    The United Kingdom is “a long-standing friend of Kosovo”, said its representative, expressing its support for Kosovo’s statehood, Euro-Atlantic aspirations and an inclusive and multiethnic democracy.  Welcoming Kenya’s recent recognition of Kosovo, he encouraged other States to do so if they haven’t.  With conditions on the ground that existed in 1999 now unrecognizable, “it is time for the Council to review UNMIK’s role and responsibilities to ensure it can continue to effectively support security, stability and human rights in Kosovo in a way that reflects the world of 2025”, he added.  On that, the Republic of Korea’s delegate said that a “more streamlined division of roles” between UNMIK and partners “could enhance overall effectiveness”.

    The representative of Denmark said that 10,000 Danish soldiers have served in Kosovo since 1999.  She also emphasized that Denmark was among the first countries to recognize Kosovo as an independent State, adding:  “We fully support its European path and integration in the international system.”  Concurring, the representative of Sierra Leone stated that accession to the European Union is the “most viable route” for Kosovo’s development.

    The representative of Slovenia welcomed the “peaceful, competitive and inclusive” parliamentary elections held in Kosovo in February as a “positive step forward in strengthening Kosovo’s democratic credentials”. He also highlighted the role of youth: “If for no one else, it is for Kosovo’s youth that things need to start moving forward.”  The representative of Guyana welcomed a new election law designed to promote transparency and greater representation for women, but expressed concern over “reports of harsh rhetoric — including hate speech — and attempts to politicize key institutions”.

    Caution against Unilateral Actions

    The representative of Algeria underscored:  “Maintaining peace and security in Kosovo is critical to avoid any escalation of tensions.”  It is therefore important, he stressed, to refrain from any steps that could lead to escalation — “including unilateral actions that affect the socioeconomic situation of non-majority communities”.  Pakistan’s delegate welcomed the European Union’s continued efforts to facilitate dialogue, calling on Belgrade and Pristina to “demonstrate their sincere commitment to the political process”, fulfil their obligations under relevant agreements and “refrain from unilateral actions that could escalate tensions”.

    “Lasting stability requires not only patience and sustained commitment but also the wisdom to choose diplomatic engagement over unilateral measures,” stressed Somalia’s representative.

    MIL OSI United Nations News –

    April 10, 2025

  • MIL-OSI USA: Sherrill Fights to Rein In Trump’s Tariff Powers

    Source: United States House of Representatives – Congresswoman Mikie Sherrill (NJ-11)

    WASHINGTON, DC — Representative Mikie Sherrill (NJ-11), alongside top House Democrats, introduced legislation that will end President Trump’s abuse of “emergency” trade authorities, which he is using to impose sweeping tariffs that are crashing the economy and increasing costs by almost $4,000 for New Jersey families.

    The legislation would end Trump’s declared national emergency under the International Emergency Economic Powers Act (IEEPA), an authority he is using to levy a blanket 10% tariff on all imports, along with additional massive tariffs on dozens of key U.S. allies such as the European Union, Japan, and Taiwan. The IEEPA is designed to allow presidents to impose financial sanctions on hostile foreign powers that pose a direct and immediate threat to the United States, not impose tariffs on critical U.S. allies without congressional oversight.

    “Trump’s tariffs are the largest tax hike on New Jersey families since the 1960s — and they are already putting pressure on families’ budgets, jeopardizing retirement savings for hardworking Americans, and driving our economy towards a recession. Trump does not care, because he and billionaires like Elon Musk are able to line their own pockets with tax cuts paid for by hardworking New Jersey families. I’m fighting back — by reasserting Congress’s tariff authority, which will rein in Trump’s decision to declare a national emergency on a whim in order to implement his massive tax hike on the American people,” said Rep. Sherrill. 

    Read the full text of the resolution here.

    ###

    MIL OSI USA News –

    April 10, 2025

  • MIL-OSI: Ageas publishes its 2024 reports

    Source: GlobeNewswire (MIL-OSI)

    Ageas publishes its 2024 reports

    Ageas has today released its 2024 Annual Reporting, including the Report of the Board of Directors, the Ageas Consolidated Financial Statements, and the 2024 Statutory Accounts of ageas SA/NV. The reporting was prepared for the first time in accordance with the Corporate Sustainability Reporting Directive and the associated European Sustainability Reporting Standards.

    The reports as well as additional information on the Group’s 2024 performance, highlighting the accomplishments of Ageas’s businesses and expanding on the conclusion of its strategic plan Impact24 are available on the Ageas website: ageas.com/en/annual-report-2024

    The annual results for 2024 were published on February 27, 2025.

    Ageas is a listed international insurance Group with a heritage spanning 200 years. It offers Retail and Business customers Life and Non-Life insurance products designed to suit their specific needs, today and tomorrow. As one of Europe’s larger insurance companies, Ageas concentrates its activities in Europe and Asia, which together make up the major part of the global insurance market. It operates successful insurance businesses in Belgium, the UK, Portugal, Türkiye, China, Malaysia, India, Thailand, Vietnam, Laos, Cambodia, Singapore, and the Philippines through a combination of wholly owned subsidiaries and long term partnerships with strong financial institutions and key distributors. Ageas ranks among the market leaders in the countries in which it operates. It represents a staff force of about 50,000 people and reported annual inflows of more than EUR 18.5 billion in 2024.

    Attachment

    • Pdf version of the press release

    The MIL Network –

    April 10, 2025

  • MIL-OSI Africa: Wild meat is eaten by millions, but puts billions at risk – how to manage the trade

    Source: The Conversation – Africa – By Delia Grace, Professor Food Safety Systems at the Natural Resources Institute (UK) and contributing scientist ILRI, International Livestock Research Institute

    One of the most pressing issues of our time is the wild meat trade. Why? Because it’s consumed by millions and puts billions at risk from emerging diseases. It provides food and income for some of the poorest and most remote communities in Africa and Asia, yet over-exploitation makes ecosystems unstable and threatens the destruction of endangered species.

    In Africa, wild meat hunting is driven mostly by protein and meat scarcity (“the poor man’s meat”). In some regions, like east and south-east Asia, it can be found in restaurants, offered as high-priced exotic delicacies (“the rich man’s status”).

    But consuming wild meat also poses great dangers and challenges. The global wild meat trade can drive biodiversity loss, fuel illegal markets and spread diseases. The wildlife trade and so-called wet markets, where wild animals and wild meat are often sold, are conducive to the emergence of diseases, such as Ebola and HIV, which can be transmitted from animals to people.

    These issues are the focus of a recently released landmark study. It takes a new approach to analysing wild animal exploitation: it focuses on consumption and consumers rather than wild animals or hunting communities.

    Most previous studies on wild meat have been by people who want to stop it, with a handful on its livelihood and nutrition benefits to poor people. Our study, with its focus on consumption, allows us to balance conservation, community development, animal welfare and plague prevention.

    We are specialists in livestock and sustainable development and authors of the report. We worked for over a year to analyse and synthesise wild meat trade with a focus on hotspots in Africa and Asia.

    We argue that, because the wild meat trade is here for the foreseeable future, policymakers and implementers should be looking at: better management of the global wild meat trade, reducing and managing the farming of wild animals, and providing alternatives to consumption of wild meat by poor people.

    We must find a way to balance the benefits and risks of wild meat consumption in a way that protects human health, wildlife welfare, and our environment.

    Importance of wild meat trade

    Drawing on previous studies and a systematic literature review, our report found that the global trade in wild meat is extensive. Annual revenues range from US$1 billion in Africa to US$8-11 billion from illegal trade in south-east Asia to US$74 billion from wildlife farming in China.

    The volume of wild meat consumed is also significant – and often much higher than that of livestock meat. On average, African foragers consume 38kg of wild meat and farmers 16kg per year. The average annual livestock meat consumption per person in Africa is about 16.7kg.

    We found that in at least 60 countries wildlife and wild-caught fish contribute at least 20% of the animal protein in rural household diets. Where poverty is high, wildlife abundant, and affordable domesticated meat and access to markets scarce, many households turn to hunting wild animals.

    Not being harvested sustainably

    Unlike domesticated meat, which comes from just 20 or so animal species, the wild meat trade involves hundreds of species. In Africa about 500 species are hunted, in south-east Asia about 300.

    Current rates of extraction of wild meat are unsustainable, except for some small and fast-reproducing species such as rodents. Ungulates (hoofed animals) generally tend to be the most frequently hunted, followed by large rodents and primates. Near human settlements, larger bodied animals have over time tended to be hunted out and replaced by smaller species (such as duikers and large rodents), which reproduce at faster rates and thus are more sustainably hunted.

    The illegal trade in wild meat is increasingly moving online, with Asia as both a major supplier and consumer. Smuggling intensifies hunting pressure, as wildlife is harvested not only for local needs but also for global markets. There is some evidence of declining extraction rates due to over-hunting, resulting in “empty forests”. While bans can reduce hunting, they may also drive the trade underground.

    Climate change is already driving an increase wild meat extraction by making it harder to grow plants and farm animals. Studies show that in some critical ecosystems, such as the Serengeti in Tanzania, there are rapid declines in wildlife linked to climate change and land-use change.

    Addressing the wild meat challenge

    Moving away from wild meat practices in poorer countries presents a complex challenge.

    Replacing wild protein sources with commercially raised livestock can be prohibitively expensive for low-income households and governments alike. Moreover, it’s estimated that increased livestock production to replace the loss of wild meat could increase deforestation and require some 124,000km² of additional agricultural land.

    Some solutions do exist – but these depend on the context.

    Where wild animal hunting is prevalent, such as the forest margins in Africa and Asia, alternative protein sources could reduce the demand for wild meat by providing sustainable and culturally accepted protein sources. Examples are cane rats, Nile tilapia and African catfish in west and central Africa, cavies (guinea pigs) in the Democratic Republic of Congo, and bamboo rats in south-east Asia. High-reproducing “mini livestock”, such as rabbits, cane rats, cavies, capybara and giant African snails, can provide household meat in a relatively short period. However, attempts to promote alternative animals have met with little success. We suggest paying people not to hunt or subsidising alternative meat may be more effective and feasible.

    Hundreds of thousands rely on hunting wild animals. Rather than criminalising hunters or trying to turn them into farmers in unsuitable lands, it may make more sense to pay them not to hunt by giving them free or subsidised livestock meat, which they may prefer.

    Promoting disgust triggered by wild meat can be a promising channel, too, for changing consumption behaviours. Societies often, and sometimes quickly, shift from finding “different” meats appealing to finding them appalling. In the UK, for example, offal was eaten by the poor before becoming a fashion-food for the English gentry during the early modern period. Behavioural science can be harnessed to nudge these mind shifts in the right direction.

    This study provides new insights into the wild meat trade. Deeply embedded in human culture, hunting wild animals is unlikely to disappear anytime soon. However, sustainable practices can balance human and ecosystem health and wildlife conservation, ensuring a future where both people and nature thrive.

    – Wild meat is eaten by millions, but puts billions at risk – how to manage the trade
    – https://theconversation.com/wild-meat-is-eaten-by-millions-but-puts-billions-at-risk-how-to-manage-the-trade-252226

    MIL OSI Africa –

    April 10, 2025

  • MIL-OSI Economics: Secretary-General of ASEAN attends the ASEAN Finance Ministers’ Retreat in Kuala Lumpur, Malaysia

    Source: ASEAN – Association of SouthEast Asian Nations

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, today attended the ASEAN Finance Ministers (AFMM) Retreat in Kuala Lumpur, Malaysia. With the theme “Prospering Regional Development and Competitiveness among ASEAN Member States,” the Retreat discussed various issues on addressing external economic challenges, trade cooperation, and promoting local currency bond markets.

    The post Secretary-General of ASEAN attends the ASEAN Finance Ministers’ Retreat in Kuala Lumpur, Malaysia appeared first on ASEAN Main Portal.

    MIL OSI Economics –

    April 10, 2025

  • MIL-OSI Economics: Secretary-General of ASEAN meets with the Permanent Representative of Myanmar to ASEAN via videoconference

    Source: ASEAN – Association of SouthEast Asian Nations

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, today held an online meeting with the Permanent Representative of Myanmar to ASEAN, H.E. Ambassador Aung Myo Myint. They discussed, among other things, the proposed formation of a Tripartite Core Group as an ASEAN-led mechanism in the urgent humanitarian relief and recovery efforts, following the powerful earthquake in Myanmar, on 28 March 2025.

    The post Secretary-General of ASEAN meets with the Permanent Representative of Myanmar to ASEAN via videoconference appeared first on ASEAN Main Portal.

    MIL OSI Economics –

    April 10, 2025

  • MIL-OSI Global: Wild meat is eaten by millions, but puts billions at risk – how to manage the trade

    Source: The Conversation – Africa – By Delia Grace, Professor Food Safety Systems at the Natural Resources Institute (UK) and contributing scientist ILRI, International Livestock Research Institute

    One of the most pressing issues of our time is the wild meat trade. Why? Because it’s consumed by millions and puts billions at risk from emerging diseases. It provides food and income for some of the poorest and most remote communities in Africa and Asia, yet over-exploitation makes ecosystems unstable and threatens the destruction of endangered species.

    In Africa, wild meat hunting is driven mostly by protein and meat scarcity (“the poor man’s meat”). In some regions, like east and south-east Asia, it can be found in restaurants, offered as high-priced exotic delicacies (“the rich man’s status”).

    But consuming wild meat also poses great dangers and challenges. The global wild meat trade can drive biodiversity loss, fuel illegal markets and spread diseases. The wildlife trade and so-called wet markets, where wild animals and wild meat are often sold, are conducive to the emergence of diseases, such as Ebola and HIV, which can be transmitted from animals to people.

    These issues are the focus of a recently released landmark study. It takes a new approach to analysing wild animal exploitation: it focuses on consumption and consumers rather than wild animals or hunting communities.

    Most previous studies on wild meat have been by people who want to stop it, with a handful on its livelihood and nutrition benefits to poor people. Our study, with its focus on consumption, allows us to balance conservation, community development, animal welfare and plague prevention.

    We are specialists in livestock and sustainable development and authors of the report. We worked for over a year to analyse and synthesise wild meat trade with a focus on hotspots in Africa and Asia.

    We argue that, because the wild meat trade is here for the foreseeable future, policymakers and implementers should be looking at: better management of the global wild meat trade, reducing and managing the farming of wild animals, and providing alternatives to consumption of wild meat by poor people.

    We must find a way to balance the benefits and risks of wild meat consumption in a way that protects human health, wildlife welfare, and our environment.

    Importance of wild meat trade

    Drawing on previous studies and a systematic literature review, our report found that the global trade in wild meat is extensive. Annual revenues range from US$1 billion in Africa to US$8-11 billion from illegal trade in south-east Asia to US$74 billion from wildlife farming in China.

    The volume of wild meat consumed is also significant – and often much higher than that of livestock meat. On average, African foragers consume 38kg of wild meat and farmers 16kg per year. The average annual livestock meat consumption per person in Africa is about 16.7kg.

    We found that in at least 60 countries wildlife and wild-caught fish contribute at least 20% of the animal protein in rural household diets. Where poverty is high, wildlife abundant, and affordable domesticated meat and access to markets scarce, many households turn to hunting wild animals.

    Not being harvested sustainably

    Unlike domesticated meat, which comes from just 20 or so animal species, the wild meat trade involves hundreds of species. In Africa about 500 species are hunted, in south-east Asia about 300.

    Current rates of extraction of wild meat are unsustainable, except for some small and fast-reproducing species such as rodents. Ungulates (hoofed animals) generally tend to be the most frequently hunted, followed by large rodents and primates. Near human settlements, larger bodied animals have over time tended to be hunted out and replaced by smaller species (such as duikers and large rodents), which reproduce at faster rates and thus are more sustainably hunted.

    The illegal trade in wild meat is increasingly moving online, with Asia as both a major supplier and consumer. Smuggling intensifies hunting pressure, as wildlife is harvested not only for local needs but also for global markets. There is some evidence of declining extraction rates due to over-hunting, resulting in “empty forests”. While bans can reduce hunting, they may also drive the trade underground.

    Climate change is already driving an increase wild meat extraction by making it harder to grow plants and farm animals. Studies show that in some critical ecosystems, such as the Serengeti in Tanzania, there are rapid declines in wildlife linked to climate change and land-use change.

    Addressing the wild meat challenge

    Moving away from wild meat practices in poorer countries presents a complex challenge.

    Replacing wild protein sources with commercially raised livestock can be prohibitively expensive for low-income households and governments alike. Moreover, it’s estimated that increased livestock production to replace the loss of wild meat could increase deforestation and require some 124,000km² of additional agricultural land.

    Some solutions do exist – but these depend on the context.

    Where wild animal hunting is prevalent, such as the forest margins in Africa and Asia, alternative protein sources could reduce the demand for wild meat by providing sustainable and culturally accepted protein sources. Examples are cane rats, Nile tilapia and African catfish in west and central Africa, cavies (guinea pigs) in the Democratic Republic of Congo, and bamboo rats in south-east Asia. High-reproducing “mini livestock”, such as rabbits, cane rats, cavies, capybara and giant African snails, can provide household meat in a relatively short period. However, attempts to promote alternative animals have met with little success. We suggest paying people not to hunt or subsidising alternative meat may be more effective and feasible.

    Hundreds of thousands rely on hunting wild animals. Rather than criminalising hunters or trying to turn them into farmers in unsuitable lands, it may make more sense to pay them not to hunt by giving them free or subsidised livestock meat, which they may prefer.

    Promoting disgust triggered by wild meat can be a promising channel, too, for changing consumption behaviours. Societies often, and sometimes quickly, shift from finding “different” meats appealing to finding them appalling. In the UK, for example, offal was eaten by the poor before becoming a fashion-food for the English gentry during the early modern period. Behavioural science can be harnessed to nudge these mind shifts in the right direction.

    This study provides new insights into the wild meat trade. Deeply embedded in human culture, hunting wild animals is unlikely to disappear anytime soon. However, sustainable practices can balance human and ecosystem health and wildlife conservation, ensuring a future where both people and nature thrive.

    The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. Wild meat is eaten by millions, but puts billions at risk – how to manage the trade – https://theconversation.com/wild-meat-is-eaten-by-millions-but-puts-billions-at-risk-how-to-manage-the-trade-252226

    MIL OSI – Global Reports –

    April 10, 2025

  • MIL-OSI Global: Changing the Eurocentric narrative about the history of science – why multiculturalism matters

    Source: The Conversation – Canada – By Karen K. Christensen-Dalsgaard, Assistant Professor, Department of Biological Sciences, MacEwan University

    An illustration by the medieval Islamic scholar Abu Rayhan al-Biruni depicting the phases of the moon in relation to the Sun. (Wikimedia Commons)
    The medieval Islamic mathematician, astronomer and physicist Ibn al Haytham (965 – c. 1040) lived in Cairo, Egypt, during the Islamic golden Age and is considered the father of optics.
    (Wikimedia Commons), CC BY

    In the 11th century in Cairo, the foundations for modern science were laid through the detention of an innocent man.

    The mathematician Abu Ali al-Hasan Ibn al-Haytham had been tasked with regulating the flow of the Nile, but when he saw the river that had shaped 4,000 years of human civilization, the hubris of the task became all too obvious.

    To avoid the wrath of the Fatimid caliph in Egypt, Ibn al-Haytham supposedly feigned madness and was placed under house arrest, giving him time to focus on optics.

    In doing so, he developed a scientific method based on controlled, reproducible experiments and mathematics. This would not only change humanity’s understanding of optics and how our eyes actually see, but also later lay the foundations for empirical science in Europe.

    When I started teaching the history of biology, the importance of this pivotal period of scientific history was often diminished in western analysis of science history. Studying the contributions of non-western scholars has shown me what history can teach us about the value of multiculturalism.

    A video from The Smithsonian explaining Ibn al-Haytham’s experiments with light.



    Read more:
    Explainer: what Western civilisation owes to Islamic cultures

    A Eurocentric version of history

    The story typically told in the West is that science was invented in ancient Greece and then, following close to a millennium of intellectual darkness, developed in Western Europe over the past 500 years.

    Other cultures might have contributed a clever trick here or there, like inventing paper or creating our modern number system, but science as we know it was developed almost entirely by white men. As such it becomes a story of superiority, one that demands gratitude.

    The scars of this way of thinking are all over our geopolitical landscape. It shapes how many western leaders interact with other cultures, apparently entitling them to share their intellectual authority without needing to listen to others. It is a mindset that belittles other civilizations and led to centuries of colonial violence.

    This Eurocentric version of scientific history omits some of the most important events that shaped modern thinking. Science was not developed so much by individuals but by a highly complex global process that brought together ideas, lived experiences and approaches from all major civilizations.

    The Plimpton 322 clay tablet, with each row of the table relating to a Pythagorean triple, is believed to have been written in Babylonia around 1800 BCE, around 1,000 years before the Greek mathematician Pythagoras was born.
    (Wikimedia Commons)



    Read more:
    What was the first thing scientists discovered? A historian makes the case for Babylonian astronomy

    Ancient Greek scholarship, for instance, was indeed instrumental in developing science, but it was not inherently western. The Greek empire spanned much of the Mediterranean region and the Black Sea. Scholars travelled extensively, and the centres of scholarship drifted over time from Ionia in present-day Turkey, for example, to Athens to Alexandria in Egypt.

    Greek natural philosophy was influenced by the mathematical and astronomical achievements of the Babylonians and the medical traditions of the Egyptians. Later, Alexandrian scholars made great advances in human anatomy when they overcame the Greek aversion to dissections, likely because of Egyptian influences. Natural philosophy was born from the merger of these scholarly traditions.



    Read more:
    Why are algorithms called algorithms? A brief history of the Persian polymath you’ve likely never heard of

    Importance of testing ideas

    Similarly, Ibn al-Haytham was one of thousands of scholars who, during the golden age of Islam, were engaged in the immense task of translating, combining and developing the world’s knowledge into great encyclopedic texts. They admired Indian and Chinese scholarship and technology but revered the ancient Greeks.

    While the Greeks had an impressive greatness of mind, they had largely shunned the idea of experiments and believed that developing instruments was the job of slaves.

    Many Arab scholars, on the other hand, emphasized the importance of experimentally testing ideas and developed scientific and surgical instruments that allowed for significant advances.

    The opening page from Ibn Sina’s Canon of Medicine.
    (Yale University Medical Historical Library)

    Arguably, Arab scholars built the foundations for modern science by developing a method for controlled experimentation and applying it to Greek scholarship combined with knowledge and technologies from all accessible parts of the world.

    Later, Latin translations of the Arabic texts would allow science to grow in the West from the intellectual ashes of medieval Catholicism. Texts like Ibn Sina’s Qānūn fī al-ṭibb (Canon of medicine) would become standard textbooks throughout Europe for hundreds of years.

    Ibn Al-Haytham inspired scholars like Roger Bacon to work toward European implementation of the scientific method. This would ultimately lead to Europe’s scientific revolution.



    Read more:
    Avicenna: the Persian polymath who shaped modern science, medicine and philosophy

    Importance of intercultural exchange

    Great civilizations existed all over the world in the beginning of the 16th century, in Africa, the Middle East, the Americas and East Asia. Most had scholarship that was superior to the West’s in at least some respects. Arguably, the most valuable thing Europeans took from the rest of the world was knowledge.

    The first vaccine, for instance, was based on variolation techniques developed in China, India and the Islamic world. People were inoculated against smallpox by blowing powdered scabs up their noses or rubbing pus into shallow cuts.

    Europeans believed that diseases were caused by bad air (miasma) and so did not initially trust this technique. It only became widespread in Europe and North America after English aristocrat Lady Montagu saw its efficacy firsthand in Constantinople in the early 18th century and advocated that it be tested in England.

    A vaccine developed by English physician Edward Jenner 80 years later was simply the well-known variolation technique made much safer by inoculating with cowpox instead.

    The importance of intercultural exchanges should not be surprising. Scientific data and observations are ideally objective, but the questions we ask and the conclusions we draw will always be subjective, shaped by our prior knowledge, beliefs and past experiences. Different cultures can help each other see beyond their inherent biases and grow beyond the intellectual constraints of individual approaches.

    In her book, Braiding Sweetgrass, Potawatomi botanist and writer Robin Wall Kimmerer gives a beautiful example of this in the context of how Indigenous approaches can inform modern science.

    One of Canada’s greatest gifts is our diversity. Here, cultures from across the world come together, forming a multiplicity of minds that is well positioned to solve the problems of our world. However, this only has value if we can connect and learn from each other. When we advocate for a diversity of ideas in curricula, both nationally and abroad, we are promoting a future built on the knowledge of people and cultures from around the world.

    There is nothing more intimately personal than the thoughts in your head, and yet you did not conceive them. They are a continuation of knowledge and ideas that for thousands of years have travelled the globe, shaped by countless minds from all civilizations. In a time of seemingly growing division, that is a thought that ought to bring us all together.

    Karen K. Christensen-Dalsgaard 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. Changing the Eurocentric narrative about the history of science – why multiculturalism matters – https://theconversation.com/changing-the-eurocentric-narrative-about-the-history-of-science-why-multiculturalism-matters-252884

    MIL OSI – Global Reports –

    April 10, 2025

  • MIL-OSI USA: Rep. Young Kim’s Bipartisan Uyghur Policy Act Passes Committee

    Source: United States House of Representatives – Representative Young Kim (CA-39)

    Washington, DC – Today, the House Foreign Affairs Committee passed the Uyghur Policy Act (H.R. 2635), led by Rep. Young Kim (CA-40), Rep. Ami Bera (CA- 06), chairwoman and ranking member of the House Foreign Affairs East Asia and Pacific Subcommittee, as well as Committee Ranking Member Rep. Gregory Meeks (NY-05),  to help the United States take concrete steps to support Uyghurs and other ethnic minorities subject to unthinkable atrocities by the Chinese Communist Party (CCP). 

    Watch Rep. Kim speak in support of the bill in today’s markup HERE.

    This bipartisan bill would create a comprehensive, multilateral strategy to raise international awareness of the persecution of Uyghurs at home and abroad, direct the State Department to effectively respond to human rights abuses in the Xinjiang Uyghur Autonomous Region, and push back on CCP efforts to silence Uyghur voices.  

    The Uyghur Policy Act would:

    • Coordinate U.S. Efforts by designating the Secretary of State to oversee Uyghur human rights-related policies and programs that preserve Uyghurs’ ethnic, religious, cultural, and linguistic identities.
    • Empower human rights advocates working on behalf of Uyghurs and minorities persecuted by the CCP.
    • Force the CCP to End Crackdowns against Uyghurs by increasing accountability to human rights organizations and developing a strategy to close detention facilities and political reeducation camps.
    • Support the Uyghur Diaspora by addressing transnational repression and creating reporting mechanisms for Uyghur victims.

    The Uyghur Policy Act passed the House in an overwhelmingly bipartisan manner in the 117th and 118th Congresses.

    “Uyghurs and other ethnic minorities in Xinjiang are victims of the CCP’s genocidal campaign and subject to silencing, detention, torture, and brainwashing simply because of their identity. By staying silent, we become complicit,” said Rep. Young Kim, Chairwoman of the House Foreign Affairs Subcommittee on East Asia and the Pacific. “The Uyghur Policy Act provides the U.S. with the necessary tools to defend the basic human rights and unique identities of those facing inhumane treatment. I thank my House Foreign Affairs Committee for supporting this effort, and I will relentlessly stand against the CCP’s abuses and push for freedom and human rights around the world.”

    “The PRC’s ongoing repression of Uyghurs and other ethnic minorities in Xinjiang is a moral outrage that demands a clear and coordinated international response,” said Representative Ami Bera (CA-06). “The Uyghur Policy Act sends a strong, bipartisan message that the United States stands against genocide, forced labor and transnational repression. I am proud to support this legislation, which strengthens our ability to hold the PRC accountable and reaffirms our unwavering commitment to human rights. America must continue to lead with our values — standing up for religious freedom, cultural identity and the dignity of all people.”

    “America must be vocal about human rights everywhere. This bill will help hold Beijing accountable for its genocide in Xinjiang and ensure that the United States is supporting Uyghurs and other minorities who face PRC atrocities at home and repression abroad,” said Ranking Member Meeks.

    “The Uyghur Policy Act enhances the United States’ ability to confront the CCP’s genocide in the Uyghur region and address transnational repression beyond China’s borders. It is a strategic necessity that supports Uyghurs globally while challenging the international community to uphold the values it claims to defend. We are especially moved that the bill names Dr. Gulshan Abbas, my innocent sister, whose unjust imprisonment, along with that of countless others, exemplifies the repression this legislation seeks to end.” – Rushan Abbas, Founder and Executive Director, Campaign for Uyghurs.

    “Congresswoman Young Kim’s bill is a beacon of hope for Uyghurs. Our people are suffering unbearable torments under a deliberate genocide,” said Omer Kanat, executive director of the Uyghur Human Rights Project (UHRP). “We urge the Congress to move quickly to pass the Uyghur Policy Act into law.”

    “Now more than ever it is critical to provide tools and guidance for the United States government to take effective action in coordination with allies to address this ongoing genocide. The provisions of this legislation are a powerful framework to do just that and we are thankful for Congresswoman Kim’s dedicated leadership on these issues,” said Julie Millsap, Government Relations Manager, No Business With Genocide

    “Without leadership from the United States on the Uyghur issue, and in particular on the issue of access to detention facilities and the release of prisoners, it is very difficult for the international community to make progress on a wide breadth of human rights-related concerns. We appreciate this legislation as a means of advancing efforts in support of a global rules-based order which respects the dignity of each and every person and thank Congresswoman Kim for her leadership. We encourage policymakers to move the bill through committee swiftly and hope to see it passed into law soon,” said Emily Upson, Program Coordinator, Wild Pigeon Collective

    “This vital legislation ensures that the plight of the Uyghur people remains a priority in U.S. foreign policy. As American Muslims, we cannot turn a blind eye to such grave injustice. As President of the American Muslim and Multifaith Women’s Empowerment Council, I commend Congresswoman Young Kim for her steadfast leadership in reintroducing the Uyghur Policy Act. This is a meaningful step toward accountability and justice, and we strongly urge bipartisan support for its swift passage,” said Anila Ali, President, American Muslim and Multifaith Women’s Empowerment Council.

    MIL OSI USA News –

    April 10, 2025

  • MIL-OSI United Kingdom: Now is the time to generate growth together with India

    Source: United Kingdom – Executive Government & Departments 3

    Press release

    Now is the time to generate growth together with India

    £400m of trade and investment wins from UK-India Economic and Financial Dialogue set to boost the British economy.

    • £400m of trade and investment wins set to boost the British economy and deliver economic growth and security for working people.
    • Chancellor Rachel Reeves and Indian Finance Minister Nirmala Sitharaman announces joint statement unlocking cooperation across a range of business sectors.
    • Business and Trade Secretary Jonathan Reynolds and Minister Sitharaman bring together key business leaders from both the UK and India to drive economic growth.

    £400m of trade and investment wins are set to boost the British economy and deliver economic growth and security for working people as the government vows to back British business through uncertain global times.

    Today (Wednesday 09 April), the Chancellor took part in the 13th UK-India Economic and Financial Dialogue (EFD), marking a significant moment in unlocking opportunities as the two countries look to strengthen economic ties and secure a Free Trade Agreement and Bilateral Investment Treaty.

    Rachel Reeves, Chancellor of the Exchequer, said:

    In a changing world, it is imperative we go further and faster to kickstart economic growth. We have listened to British businesses, which is why we’re negotiating trade deals with countries across the world, including India, so we can support them and put more money in people’s pockets as part of our Plan for Change.

    Our relationship with India is longstanding and broad and I am delighted with the progress made throughout this dialogue to develop it further.

    Today’s EFD was Chancellor Reeves’ first with India. It saw the signing of a joint statement unlocking cooperation across a range of business sectors, including defence, financial services, education and development, and strengthened governmental collaboration across growth, economic resilience and international financial issues.

    The government is working to make Britain the best country in the world to do business, already bringing in more stability, offering an open trading economy and creating the right conditions for investment.

    At the London Stock Exchange today, the Chancellor and her Indian counterpart set out plans to generate growth, improve our Financial Services ties and deepen policy cooperation on the UK Industrial Strategy, tax, sustainable finance and illicit finance.

    The total commercial package from this dialogue is made up of new announcements worth £128m in export deals and investments, as well as recent deals worth £271m. This includes:

    • Paytm, India’s largest digital payment app, announced plans to invest in the UK to accelerate access to affordable digital payments and credit for small businesses.
    • Barclays Bank PLC India announced on 18 March a further capital injection of over £210M into its Indian operations, affirming its long-term commitment to India. This capital investment will grow its businesses across the Investment and Private Banking in India. 
    • HSBC Bank will expand its presence from the current 14 cities to 34 cities in India. This significant expansion will enable the bank to cover approximately 95% of India’s wealth market, reinforcing their commitment to India. 
    • Standard Chartered Bank today announced that it has shifted to larger office premises at GIFT City, reinforcing its long-term commitment to India’s premier international financial services hub.
    • Mphasis, an Indian tech business, are setting up a quantum centre of excellence in London and exploring an office in Nottingham which will support 100 jobs.
    • British International Investment Plc (BII) is committing $10m to the agritech start up, Grow Indigo, to pilot an innovative carbon credit programme to promote regenerative agricultural practices in India. 
    • WNS, a global digital-led business transformation services company founded in India with a $2.7bn market cap, will expand their London HQ presence with a new office and open a state-of-the-art AI design hub to expand the UK’s AI and digital talent pool to drive growth and create jobs.
    • Revolut announced that they are gearing up for launch in India later this year, following authorisation this week from Reserve Bank of India.
    • UK firm Wise announces plans to open a new office in Hyderabad, India as part of broader mission to transform the trillion-pound international money movement market.
    • Prudential’s announcement of launching their first fully owned global services hub in Bengaluru and third joint venture in India establishing a standalone health insurance business.
    • British International Investment invest $15m investment in vehicle dedicated to investing in India based on inclusion-focused early-stage companies.
    • The UK welcomes India paving the way to allow Indian companies to list internationally and exploring listing at the London Stock Exchange. The India-UK Financial Partnership published its report ‘Catalysing Bilateral Growth: Connecting India and the UK’s Equity Capital Markets report’. The report aims to lay the foundation for advancing capital account connectivity and strengthening confidence in both markets and will be presented following the EFD.
    • Coventry University announced today that it is set to become the first English university to be granted a licence to open a campus in India, as UK universities are being granted licences to open a campus in India’s new GIFT city. And the London School of Economics announced that Tata Trusts is continuing its enduring partnership with LSE by awarding a Corpus Grant to support scholarships for Indian students at the School.
    • Agreement for both sides to continue excellent collaboration as co-chairs of the G20’s Framework Working Group and to work closely together to promote discussion and build consensus around responses to risks to the global macroeconomic outlook. 
    • New ambitions set for joint investments in green enterprises, tech start-ups and climate adaptation building on the success of the UK-India Green Growth Equity Fund (GGEF).

    Secretary of State for Business and Trade Jonathan Reynolds and Minister Sitharaman also today hosted a business roundtable, bringing together key leaders from the financial and professional business services sectors including Tide, HSBC, Aviva, Vodafone, WNS, and Mizuho International. Attendees recognised the strength of the economic relationship between the UK and India, as well as the opportunity for closer collaboration – including through an ambitious trade deal.

    Areas for collaboration on defence were also identified, as both sides looked forward to the finalisation of the India-UK Defence Industrial Roadmap, set to strengthen ties between industrial sectors and integrate supply chains.

    Secretary of State for Business and Trade Jonathan Reynolds said: 

    I was delighted to meet with Minister Sitharaman, hear from businesses, and discuss how we can strengthen the strong economic bonds between our two nations.

    Both the UK and India are committed to delivering economic growth and giving businesses the confidence and stability they need to expand. 

    That is why we are continuing to negotiate towards an ambitious trade deal that unlocks opportunities both at home and abroad for British businesses and supports our Plan for Change.

    The UK and India have strong economic, cultural, and education links, with India being a key trading partner for the UK with over £40bn worth of UK-India trade last year alone. The UK’s long-standing programme of EFDs with India is the critical forum to deliver continuous economic gains over time.

    The EFD follows a recent visit to Delhi by Jonathan Reynolds, the Secretary of State for Business and Trade, which relaunched UK-India trade negotiations.

    Keshav R. Murugesh, Group CEO, WNS said:

    The UK and India stand as natural partners, and this re-energized trade and investment relationship marks a pivotal stride in our already strong alliance. The potential before us is immense. By formalizing our collaboration in pioneering fields like AI, we will not only fuel innovation and generate high-skilled jobs in both our nations, but also solidify our joint leadership in this transformative era. This is indeed a thrilling chapter for the UK-India partnership.

    Bill Winters, Group Chief Executive, Standard Chartered said:

    In the face of global developments, it is imperative that we think creatively and act in partnership. The UK and India’s focus on strengthening financial ties and deepening cooperation between our governments, regulators, industry leaders and experts, plays an important role in driving economic progress, setting global benchmarks for stability and innovation and paving the way for greater trade and investment in both countries.

    The Rt Hon The Lord Mayor of London, Alderman Alastair King, 

    We had a highly constructive discussion with Hon. Minister Nirmala Sitharaman and The Rt. Hon. Jonathan Reynolds, joined by leaders from across the financial services sector. There is a strong, shared commitment to deepen our economic partnership and drive greater prosperity—particularly in key areas such as green finance, infrastructure investment, and fintech. 

    Global trade is entering a new era, where strategic alliances and trade agreements are more crucial than ever. As we look ahead to the UK-India Economic and Financial Dialogue and continue FTA negotiations, our focus remains on sustaining momentum and delivering tangible outcomes in the months to come.” 

    David Schwimmer, CEO, LSEG said:

    LSEG is honoured to host the 13th UK-India Economic and Financial Dialogue at the London Stock Exchange as part of our continued support for initiatives that promote collaboration and connectivity between UK and Indian financial markets. Through deepened partnership, the governments and regulators from both countries can help to build an environment which delivers real benefits to their financial markets and economies.

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    Published 9 April 2025

    MIL OSI United Kingdom –

    April 10, 2025

  • MIL-OSI: BexBack: Double Your Deposit, Get $50 Bonus, and Trade with 100x Leverage – No KYC Required!

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, April 09, 2025 (GLOBE NEWSWIRE) — As Bitcoin continues to trade below $85,000 and analysts predict that the crypto market will remain volatile, holding spot positions may not generate short-term profits. Recent economic shifts, including policy announcements such as President Trump’s tariff decisions, have brought some stabilization, but the volatility remains. For investors seeking to maximize returns in these uncertain times, BexBack Exchange offers a powerful solution. With 100x leverage, a 100% deposit bonus, and a $50 welcome bonus for new users, BexBack empowers traders to seize market opportunities. And with no KYC requirements, it provides a seamless and efficient way to trade.

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    The MIL Network –

    April 10, 2025

  • MIL-OSI Security: Swain County Man Sentenced to Life in Prison for Cold Case Murder in Indian Country

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (c)

    ASHEVILLE, N.C. – Ernest D. Pheasant, Sr., 47, an enrolled member of the Eastern Band of Cherokee Indians (EBCI), was sentenced to life in prison today for the 2013 murder of Marie Walkingstick Pheasant, announced Russ Ferguson, U.S. Attorney for the Western District of North Carolina.

    “For over a decade, Marie’s family has endured the pain of losing their loved one without justice. Today, that changed,” said U.S. Attorney Ferguson. “Ernest Pheasant will pay for his heinous crime by spending the rest of his life behind bars. While nothing can undo the family’s loss, I hope this sentence brings them a measure of justice. My Office remains committed to pursuing cases involving missing or murdered indigenous persons no matter how much time has passed.”

    “While nothing can undo the pain caused by this tragic crime, we hope that this sentence helps to provide closure to the family and friends of Marie Walkingstick Pheasant,” said Marcelino Toersbijns, Chief of the Bureau of Indian Affairs Missing and Murdered Unit (MMU). “This case is emblematic of the Missing and Murdered Indigenous Persons Crisis impacting tribal communities across the country and highlights the importance of the MMU’s mission of analyzing and solving missing, murdered and human trafficking cases involving American Indians and Alaska Natives.”

    According to filed documents and information presented in court, on December 29, 2013, the body of Marie Walkingstick Pheasant was discovered inside a burned-out vehicle parked near Big Cove Road within the Qualla Boundary in the Western District of North Carolina. Investigators determined that the vehicle had been intentionally set on fire. An autopsy revealed that Marie died from stab wounds to the neck and abdomen. DNA retrieved from a baseball cap found near the vehicle was linked to the defendant, who was Marie’s estranged husband.

    On April 7, 2022, following a review of unsolved homicides in the region, the Bureau of Indian Affairs’ Missing and Murdered Unit opened a full interagency investigation into the case. During the investigation, law enforcement determined that Pheasant killed Marie at their home, then transferred her body to the car, drove it to Big Cove Road, and set it on fire. On August 16, 2024, Pheasant pleaded guilty to first degree murder for killing Marie willfully, deliberately, maliciously, and with premeditation.

    The MMU began as the Cold Case task force, part of Operation Lady Justice, a multi-agency effort established by President Trump’s administration in 2019 to enhance the operation of the criminal justice system and address the staggering number of missing and murdered American Indian and Alaska Natives in tribal communities.

    Today’s sentence is the result of the joint investigation conducted by the MMU, the FBI in North Carolina, the North Carolina State Bureau of Investigation, the North Carolina State Highway Patrol, the Cherokee Indian Police Department, and the EBCI Office of the Tribal Prosecutor.

    Assistant U.S. Attorney Alex M. Scott of the U.S. Attorney’s Office in Asheville prosecuted the case.

    Operation Not Forgotten

    On Tuesday, the Justice Department announced a surge in FBI resources across the country to address unresolved violent crimes in Indian Country, including crimes relating to missing and murdered indigenous persons. As part of Operation Not Forgotten, 60 FBI personnel will be sent to Field Offices to support investigations of Indian Country violent crimes. The FBI will be assisted by the Bureau of Indian Affairs Missing and Murdered Unit and will use the latest forensic evidence processing tools to solve cases and hold perpetrators accountable. U.S. Attorney’s Offices will aggressively prosecute case referrals.

    “Crime rates in American Indian and Alaska Native communities are unacceptably high. By surging FBI resources and collaborating closely with US Attorneys and Tribal law enforcement to prosecute cases, the Department of Justice will help deliver the accountability that these communities deserve,” said Attorney General Pam Bondi.

    “The FBI will manhunt violent criminals on all lands – and Operation Not Forgotten ensures a surge in resources to locate violent offenders on tribal lands and find those who have gone missing,” said FBI Director Kash Patel.

    “Violent crime continues to disproportionately impact communities in Indian Country,” said U.S. Attorney Ferguson. “Dedicating additional resources to reduce violent criminal activity in Tribal communities and solve cases of missing or murdered indigenous persons sends a clear message: No victim will be forgotten, and no crime will go unpunished.”

    Scott Davis, Senior Advisor to the Secretary of Interior, exercising the delegated authority of the Assistant Secretary for Indian Affairs, said, “We appreciate the partnership of the Department of Justice and the FBI in addressing these crimes. This announcement reinforces our commitment to Indian Country and our dedication to collaborating with federal, state, and tribal agencies to ensure justice for American Indian and Alaska Native victims while holding offenders accountable.”

    Indian Country faces persistent levels of crime and victimization.  At the beginning of Fiscal Year 2025, FBI’s Indian Country program had approximately 4,300 open investigations, including over 900 death investigations, 1,000 child abuse investigations, and more than 500 domestic violence and adult sexual abuse investigations.

    Operation Not Forgotten renews efforts begun during President Trump’s first term under E.O. 13898, Establishing the Task Force on Missing and Murdered American Indians and Alaska Natives.  This is the third deployment under Operation Not Forgotten, which has provided investigative support to over 500 cases in the past two years. Combined, these operations resulted in the recovery of 10 child victims, 52 arrests, and 25 indictments or judicial complaints.

    Operation Not Forgotten also expands upon the resources deployed in recent years to address cases of missing and murdered indigenous people.  The effort will be supported by the Department’s MMIP Regional Outreach Program, which places attorneys and coordinators in U.S. Attorneys’ Offices across the United States to help prevent and respond to cases of missing or murdered indigenous people.

    MIL Security OSI –

    April 10, 2025

  • MIL-OSI Global: Hungary’s exit from the International Criminal Court is a sign of the times

    Source: The Conversation – UK – By Michal Ovadek, Lecturer in European Institutions, Politics and Policy, UCL

    After deciding to flout an international arrest warrant against Benjamin Netanyahu, Hungary has become the first European country to announce plans to leave the International Criminal Court (ICC). This comes after president Viktor Orbán hosted Israeli prime minister Benjamin Netanyahu, despite the ICC issuing an arrest warrant for him in relation to war crimes in Gaza.

    As a member of the ICC, Hungary is supposed to turn in anyone subject to such a warrant if they enter its territory. Instead, Orbán rolled out the red carpet.

    Following the visit, a senior government official confirmed Hungary’s intention to leave the court. It will be some time before we know if it will see through on the threat because it takes at least a year to leave once a formal written notification has been sent but the signal itself is a landmark moment.

    Hungary’s open repudiation of an important part of international law is further evidence of the tectonic shifts taking place in international relations.

    Throughout most of the 1990s and early 2000s, much of western foreign policy was focused on creating institutional mechanisms aimed at preserving the liberal international consensus that emerged at the end of the cold war. The creation of the World Trade Organization (WTO) and the ICC were two of the most concrete manifestations of this ethos.

    Both represent attempts to bring legal and judicial formality to international politics. Unlike its two ad-hoc antecedents – the international criminal tribunals for Yugoslavia and Rwanda – the ICC is a permanent court of justice. It is tasked with overseeing the criminal trials of people accused of involvement in serious crimes, such as genocide.

    Even at the height of its popularity, the idea that international relations should be subject to more rules and enforcement by courts had its fair share of sceptics and detractors, especially among countries whose interests and power could be most severely curtailed by an effective international justice system.

    The US, Russia and Israel had originally signed but did not ratify the Rome statute underpinning the ICC – and subsequently withdrew their signatures – while China and India never even signed the treaty.

    European countries generally (and EU member states specifically) were always among the most supportive of the ICC. The continent has experience with perhaps the most important experiment in international criminal justice, the Nuremberg trials of Nazi crimes. This legacy has continued to feed European support for holding those responsible for aggression and atrocities to account by means of criminal justice.

    Countries like Hungary, emerging from behind the iron curtain in the 1990s, were no exception. There was no ideological or practical reason to oppose the creation of the ICC.

    If anything, countries hoping to join the EU saw it as beneficial to endorse the court. Other than Belarus and Azerbaijan, every European country has ratified the Rome statute, and none has left – until now.

    The rise of kleptocratic authoritarianism in Hungary means its exit from the ICC should not be particularly surprising. Inside the EU, Hungary has consistently acted as a Trojan horse for the interests of authoritarian governments, most notably Russia, China and Serbia.

    Its break with the values and principles that are supposed to be at the heart of the EU project goes substantially beyond support for international institutions and justice.

    Consensus crumbles

    But the broader international environment has also become less favourable to legalisation and judicialisation. Countries that previously feigned commitment to international law have become outright pariahs. The most obvious example is of course Russia, which is waging a war of aggression against Ukraine – a crime under the Rome statute.

    More importantly, though, the US is increasingly turning its back on international rules. It is dismantling many of the international institutions it worked hard to establish.

    Although Donald Trump might be wreaking the most havoc, the US already effectively pulled the plug on the WTO’s judicial appeals system under Barack Obama. Last year Joe Biden’s administration came close to imposing sanctions on the ICC for issuing an arrest warrant for Israeli officials, including Netanyahu.

    Taken together, these developments leave the EU and a handful of other countries increasingly isolated in backing the ICC and other elements of the so-called “rules-based international order”. And while Hungary’s exit deals yet another blow, it’s not clear how deeply committed other EU member states are either.

    Germany’s chancellor Friedrich Merz promised he would find a way to make it possible for Netanyahu to visit his country despite the outstanding ICC arrest warrant.

    Hungary’s open defiance of its obligation to arrest Netanyahu has placed it in company of countries that wear their noncompliance with international law as a badge of honour. The experience of one of them is particularly educational.

    When Omar Al-Bashir, the then president of Sudan, wanted for crimes against humanity, visited South Africa in June 2015, he was allowed to attend a summit and subsequently leave the country despite court orders to arrest him. Fast forward a decade and South Africa is spearheading the international legal campaign against Israel’s atrocities in Palestine.

    Netanyahu would almost certainly be arrested in South Africa today, as well as in a host of other African and Muslim countries which had vehemently protested the arrest warrant against Al-Bashir in the past. Effective international rules and enforcement require consistent and credible support from a broad coalition of states – the ICC is increasingly short on both.

    Michal Ovadek 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. Hungary’s exit from the International Criminal Court is a sign of the times – https://theconversation.com/hungarys-exit-from-the-international-criminal-court-is-a-sign-of-the-times-254129

    MIL OSI – Global Reports –

    April 10, 2025

  • MIL-OSI Asia-Pac: Further imposition of tariff rejected

    Source: Hong Kong Information Services

    The Hong Kong Special Administrative Region Government today expressed strong disapproval of and discontent with the US’ further imposition of the so-called reciprocal tariff.

    Starting May 2, the US will eliminate the duty-free de minimis treatment for covered goods from Hong Kong as well as increase the tariff for mail containing goods to the US.

    In a statement, the Hong Kong SAR Government said the US no longer upholds free trade, arbitrarily undermining the rules of the World Trade Organization (WTO) jointly established by the international community, seriously impeding the multilateral trading system and globalisation process, and disrupting the global supply chain, adding that its measures are bullying and unreasonable.

    It pointed out that the US’ imposition of the so-called reciprocal tariff against Hong Kong that has never implemented any tariffs is totally illogical and ungrounded, fully showing that it is a bullying act for suppressing its competitors.

    The US will eliminate the duty-free de minimis treatment for postal items despatched from Hong Kong to the US from May 2, and has been continuously changing its policies unilaterally, causing a lot of confusion and inconvenience to the public.

    For sending items to the US, the Hong Kong public should be prepared to pay exorbitant fees due to the US’ unreasonable and bullying acts.

    Hongkong Post will definitely not collect any so-called tariffs on behalf of the US authorities. For now, Hongkong Post will temporarily maintain postal services to the US and announce later the temporary suspension arrangement for postal services to the US.

    The Hong Kong SAR Government said it will continue to closely monitor and assess any unilateral measures of the US that are inconsistent with fair trade and take actions to defend Hong Kong’s legitimate interests, including filing a complaint in accordance with the WTO dispute settlement mechanism.

    Meanwhile, it will maintain close liaison with the business community to jointly respond to the unreasonable coercion of the US.

    MIL OSI Asia Pacific News –

    April 10, 2025

  • MIL-OSI United Nations: Special Envoy for Road Safety in Mauritius, Madagascar and Eswatini to support initiatives to increase road safety

    Source: United Nations Economic Commission for Europe

    The United Nations Secretary-General’s Special Envoy for Road Safety, Jean Todt, will visit Mauritius, Madagascar and Eswatini from 8 to 16 April 2025 to support global and national authorities’ road safety initiatives. In particular, the Special Envoy will launch locally the UN Global Campaign for Road Safety #MakeASafetyStatement, developed in partnership with JCDecaux.  He will also join the 2025 Kofi Annan Road Safety Award to be held in Eswatini on 14-15 April.  

    The Special Envoy will meet members of the Government as well as representatives of the private and public sectors two months after the Declaration of Marrakesh where Member states further committed to accelerate efforts for achieving the Decade of Action for Road Safety‘s goal of halving the number of the victims on the road by 2030. 

    The Silent pandemic on the road 

    The Special Envoy Jean Todt qualified road crashes as “The Silent Pandemic on the Road”. Indeed, every year, the staggering toll of road-related fatalities globally claims the lives of 1.19 million people, leaving 50 million others with severe injuries. Furthermore, road crashes are the leading cause of death for children and young adults aged 5–29 years.  

    Road crashes are disproportionately high in Africa compared to other regions of the world. The continent loses annually over 300,000 people through road crashes, even though its countries are witnessing the lowest levels of motorization in the world. Africa has a traffic fatality rate of 19.5 deaths per 100,000 people compared to 16 deaths per 100,000 in Southeast Asia, and 6.5 deaths per 100,000 in Europe.  

    “Africa is the continent proportionately most affected by road crashes. Knowing that these affect the youngest first, beyond the human tragedy this is an economic devastation sacrificing or invalidating for life the active force of a country. While the vaccine to avoid this carnage on the road exists, I urgently call on everyone to use it.” — United Nations Secretary-General’s Special Envoy for Road Safety, Jean Todt. 

    Thirty-eight percent of all African road traffic fatalities occur among pedestrians while 43 percent occur among car occupants. Motorized 2-3 wheelers and cyclists account for 7 percent and 5 percent of Africa’s traffic deaths respectively. A significant proportion of road fatalities on the continent occur in urban areas.  Furthermore, the ongoing improvement of the quality and coverage of Africa’s roads will increase crashes on the continent if it is not accompanied by appropriate road safety measures.  

    Towards enhanced road safety in Mauritius 

    The fatality rate in Mauritius is 10/100,000 inhabitants (WHO 2023). There is an increase in motorcycles crashes. Under the leadership of the Minister of Land Transport of Mauritius, Hon. Osman Mahomed, a series of 16 measures aiming to improve road safety are being envisaged in the country. Among these: re-introduction of the “Penalty Point System”; introduction of the Graduated Licensing System; helmets for sale for motorcycles of or exceeding a capacity of 50 cubic centimeters should be in accordance with set standards and be made mandatory; road safety education in schools; stringent enforcement by the Police or ERS -Transport Squad with regular crack down operations at night. 

    Men are the most affected, representing 89% of fatalities.Women are mostly victims as pedestrians (64%) and passengers (21%), while men die on motorcycles (35%) and as pedestrians (28%), with an average of 9% each as drivers, cyclists, passengers and passengers on the back (2023 figures, Le Mauricien).  

    “The current Government will implement the necessary projects and initiatives to make our roads safer as we expand and modernize our land transport” highlights Minister of Land Transport Osman Mahomed. 

    Safer roads for economic growth in Madagascar 

    The fatality rate in Madagascar is 22.5/100,000 inhabitants (WHO 2023). Poor maintenance and erosion have rendered a significant portion of the road network (mostly unpaved) unsafe (UNEP 2024). Madagascar has one of the least developed road networks in the world. Transport has been widely recognized as a barrier to the provision of and access to health services in rural areas. Madagascar’s overall poor infrastructure is negatively affecting its economic growth and development opportunities.  

    While 70 percent of primary roads are in good condition, about two-thirds of secondary and tertiary roads are estimated to be in poor condition (WB, 2018). There is a high risk of motorcycle crashes in Madagascar, due to the poor state of roads and the non-use of helmets responding to UN safety standards. When we know that quality helmets reduce the risk of death by over six times and reduce the risk of brain injury by up to 74% (WHO 2021), it is urgent to act to stop the carnage on the road. 

    “By 2030, Madagascar aims to halve road deaths and injuries, in line with Sustainable Development Goal 3.6. This ambition falls into a dynamic of profound transformation: build infrastructures respectful of international standards, promote the introduction of new safer vehicles, strengthen technical inspection procedures, and integrate road safety into national education programs. We are also determined to provide training for those involved in the sector, and to ensure more humane and effective assistance of accident victims” highlights Valéry Manambahoaka RAMONJAVELO – Ministry of Transport and Meteorology. 

    Toward vision zero victim on the road In Eswatini 

    The fatality rate in Eswatini is 25/100,000 inhabitants (WHO 2021), affecting first children as well as the most productive age group (15-49 years old). Road crashes impose huge constraints on Eswatini ’s economy, up to 10.8% of GDP (Eswatini National Road Safety Strategy 2023-2030). The Kingdom of Eswatini ratified in 2020 the African Union Road Safety Charter with the vision zero fatal and serious injury on Eswatini’s roads by 2063.  Drink-driving, speeding and overloading, in this order, are the major causes of accidents on the country’s roads. (Times of Swaziland). 

    The Kingdom of Eswatini is making efforts to substantially enhance road safety, with an ongoing road safety legislative reform. The Kingdom has also established a Center of Excellence in Road Safety. In addition, Eswatini is fostering South-South cooperation with other African countries and partners on transport and road safety. 

    The Kofi Annan Road Safety Award

    The Kofi Annan Road Safety Award, organized by the Kofi Annan Foundation, in collaboration with UNECA and the Ministry of Transport of Eswatini, will be in the form of certificates of recognition delivered to governments, the private sector or civil society organizations that have made outstanding contributions to road safety in Africa.   

    This year the following countries will receive awards: Cameroon (Innovation & Digitalization), Ethiopia (Public Transportation/Modal shift), Kenya (Safer Vehicles), Nigeria (Road Safety management), Senegal (Road safety financing), South-Africa (post-crash care). 

    MIL OSI United Nations News –

    April 10, 2025

  • MIL-OSI Asia-Pac: Influenza vaccines safe, effective

    Source: Hong Kong Information Services

    Influenza vaccines currently used in Hong Kong are safe and effective, and the side effects of flu vaccines are usually mild and transient, the Centre for Health Protection said today.

    The centre made the statement in response to media enquiries on the safety of the influenza vaccine.

    Centre for Health Protection Controller Dr Edwin Tsui noted the influenza vaccination has been scientifically proven to be one of the most safe and effective ways to prevent seasonal flu and its complications, and can significantly reduce the risk of hospitalisation and death from seasonal influenza, adding that Hong Kong has established a pharmacovigilance system to monitor adverse events following immunisation.

    He pointed out that in the past five years, over eight million doses of the influenza vaccine have been administered and there have been no deaths reported after vaccination.

    Except those with known contraindications, all people aged six months and above, particularly those who have a higher risk of getting infected with influenza and developing complications, such as the elderly and children, should receive the seasonal flu vaccine every year.

    Dr Tsui said: “Severe cases related to seasonal influenza involving adults and cases of severe paediatric influenza-associated complication recorded in the recent flu season were significantly lower than in the influenza season before the COVID-19 pandemic. We believe that this is the result of the general public’s willingness to receive the seasonal influenza vaccine.”

    Local data showed that the rate of severe influenza complications among children who did not receive the seasonal influenza vaccination of the current season is about four times that of vaccinated children.

    Among the elderly, the rate of severe influenza including death among residents of the residential care homes aged 65 years or above who did not receive seasonal flu vaccination of the current season is 2.3 times that of vaccinated residents.

    The data highlighted the important protective role of seasonal influenza vaccination against severe infection and death.

    Dr Tsui noted that influenza vaccines currently used in Hong Kong, including inactivated influenza vaccine (IIV), recombinant influenza vaccine (RIV) and live-attenuated influenza vaccine (LAIV), are safe and effective.

    Traditional IIV has been used for decades. The vaccine has proven to be safe and reliable through repeated testing and quality assessment. The safety of the newer LAIV and RIV is comparable to that of IIV.

    He added that the World Health Organization has also indicated that vaccination is the most effective means to prevent serious illness arising from flu.

    The side effects of influenza vaccines are usually mild and transient, and the most common include pain and redness at the injection site. Some recipients may experience fever, chills, muscle pain and tiredness. Severe adverse reactions to influenza vaccines are very rare.

    MIL OSI Asia Pacific News –

    April 10, 2025

  • MIL-OSI USA: Angola exported more liquefied natural gas to Europe and less to Asia in 2022 and 2023

    Source: US Energy Information Administration

    In-brief analysis

    April 9, 2025

    Angola exported more liquefied natural gas (LNG) to Europe and less to Asia in 2022 and 2023, according to estimates from the Statistical Review of World Energy, when Europe increased LNG imports to offset reduced natural gas imports by pipeline from Russia following the outbreak of the Russia-Ukraine war.

    Prior to 2022, most of Angola’s LNG exports went to the Asia-Pacific region, primarily India. In 2023, however, Europe received 75% of Angola’s total 175 billion cubic feet (Bcf) of LNG exports; France and the United Kingdom were the largest recipients in Europe, taking about 32 Bcf and 28 Bcf, respectively, in 2023. The Asia-Pacific region received the remaining 25%, with India receiving the most at about 35 Bcf for the year.

    Most of the natural gas produced in Angola is associated gas produced at its offshore oil fields. However, a substantial amount of that natural gas is flared as a byproduct of oil operations or is reinjected into oil fields to increase oil recovery. Angola does not import any natural gas because it produces enough natural gas to meet domestic demand. The natural gas that Angola does not consume or flare domestically is exported in the form of LNG.

    Angola LNG Limited (ALNG) owns and operates Angola’s sole LNG export terminal in Soyo, which has a liquefaction capacity of 250 Bcf per year. The LNG facility produced its first cargo of LNG in 2013, but it subsequently shut down as a result of technical failures and did not restart operations until 2016. The LNG facility uses associated gas produced at Angola’s offshore fields as feedstock, and ALNG also plans to draw additional supplies from non-associated gas projects. One such project is the Northern Gas Complex, where operator Eni plans to begin production from the Quiluma and Maboquerio fields in 2026.

    The Northern Gas Complex is Angola’s first non-associated gas project, and Eni aims to develop two offshore platforms, an onshore natural gas-processing plant, and pipelines to transport natural gas from the two fields to the Angola LNG terminal in Soyo. The Northern Gas Complex is expected to reach peak production of about 141 Bcf per year.

    For more on Angola’s energy sector, please see the latest version of the Country Analysis Brief: Angola.

    Principal contributor: Eric Han

    MIL OSI USA News –

    April 10, 2025

  • MIL-OSI China: MOFA response to Japanese Chief Cabinet Secretary Hayashi expressing concern over China’s military exercises around Taiwan

    Source: Republic of Taiwan – Ministry of Foreign Affairs

    MOFA response to Japanese Chief Cabinet Secretary Hayashi expressing concern over China’s military exercises around Taiwan

    April 2, 2025  

    At a regular press conference on April 1, Japanese Chief Cabinet Secretary Yoshimasa Hayashi stated that peace and stability across the Taiwan Strait were paramount to Japan and the entire international community. Mr. Hayashi made the comments while addressing China’s military drills around Taiwan, stating that Japan had reaffirmed its position to China during a recent bilateral meeting between their foreign ministers. He emphasized that the Japanese government would continue to closely monitor developments arising from China’s increasing military activities around the Taiwan Strait in recent years and added that Japan would make comprehensive response preparations. 

     

    When China twice launched Joint Sword-2024 military exercises targeting Taiwan last year, unilaterally raising tensions across the Taiwan Strait, the government of Japan promptly and directly expressed its misgivings and concerns to China. Following China’s latest military drills around the Taiwan Strait, Japan has once again immediately conveyed its concerns to China and publicly emphasized the importance of cross-strait peace and stability.

     

    Minister of Foreign Affairs Lin Chia-lung affirms and appreciates the Japanese government for immediately and openly expressing concern following China’s launch of military exercises designed to intimidate Taiwan, as well as for emphasizing a consistent stance on preserving peace and stability across the Taiwan Strait. The Ministry of Foreign Affairs (MOFA) strongly urges China to return to reason, exercise self-restraint, and immediately cease unilateral actions that are detrimental to cross-strait peace and regional stability and prosperity. MOFA is pleased that the United States, Japan, and other democratic nations, as well as the European Union, are steadfastly and jointly adopting preventive measures to counter the threat that authoritarian expansion poses to global peace and stability. Taiwan will demonstrate its determination to strengthen resilience and self-defense capabilities and resist China’s rhetorical and military intimidation. It will also cooperate with like-minded partners to ensure peace, stability, and prosperity across the Taiwan Strait and throughout the Indo-Pacific.

    MIL OSI China News –

    April 10, 2025

  • MIL-OSI: Immunefi Partners with Runtime Verification and Integrates World-Class Formal Verification into Magnus

    Source: GlobeNewswire (MIL-OSI)

    Singapore, April 09, 2025 (GLOBE NEWSWIRE) — Immunefi, the leading onchain security platform protecting over $190 billion in user funds, today announces Runtime Verification (RV) as the first official partner of its Magnus platform. RV is bridging its world-class formal verification services directly to Magnus, enhancing the platform’s unified security offering for complete onchain protection.

    Onchain security today is fragmented, siloed, and often dependent on manual workflows, leaving protocols exposed to threats. Magnus changes this by unifying every layer of the onchain security stack into one seamless platform — from audits and bug bounties to monitoring, firewalling, and now, formal verification.

    “We are thrilled to bring Runtime Verification, a leader in formal verification, to Magnus. By integrating their world-class capabilities into our platform, we’re ensuring that every layer of Web3 security is powered by top-tier expertise. With Magnus, we’re not just unifying security, we’re equipping protocols with the most comprehensive security solution, backed by the best tools at every stage,” said Mitchell Amador, Founder and CEO of Immunefi.

    “I’m excited to be working side-by-side with the team at Immunefi to bring the next generation of security to web3 developers! With the unified and integrated approach to security that Magnus puts forward, the wealth of data that Codexa provides, and the power of combining AI and formal reasoning tools, I’m sure that we will make web3 security a breeze, even for newcomers,” said Everett Hildenbrandt, CEO of Runtime Verification.

    Formal Verification in Magnus: An Onchain Best Practice In Real Time 
    RV is a leader in formal verification, the process of ensuring a system meets its specifications. Since smart contracts are immutable once deployed, formal verification provides an essential layer of assurance that the code behaves as intended under all conditions, reducing the risk of vulnerabilities that could be exploited by attackers. RV solutions include:

    • Formal Verification that goes beyond traditional code reviews
    • Advanced Symbolic Execution for deeper security insights
    • Developer Tools for verification, debugging, and fuzzing

    With tools such as Kontrol and Simbolik already advancing the state of the art, RV’s formal verification capabilities will now power Magnus. Verification results, audit reports, and bug fixes can be seamlessly integrated into Magnus, feeding into its automations, alerts, and intelligence. This results in a more robust security posture, as RV data directly enhances Magnus’ SecOps automations.

    Immunefi has paid out over $115 million in rewards to security researchers and helped avert more than $25 billion in potential hack damage. Building on this unmatched experience and track record, Immunefi’s Magnus bridges the gap between fragmented security solutions by creating a unified platform for security operations. Magnus allows protocols to easily launch bug bounties, conduct audit competitions, and proactively stop threats through an automation engine powered by the industry’s best vulnerabilities dataset.

    Sign up for early access to Magnus now, here.

    About Immunefi
    Immunefi is the leading onchain security platform, working with ground-breaking protocols such as Chainlink, Ethereum Foundation, Optimism, Arbitrum, and many more. Our latest product, Magnus, bridges the gap between security solutions by creating a unified platform for security operations. Allowing protocols to easily launch bug bounties, audit competitions, and proactively stop threats using our automations engine built with the industry’s best vulnerabilities dataset. Our growing community of over 60,000 security researchers protects $190B in user funds and has prevented over $25B in hacks across 500+ protocols. Learn more at immunefi.com

    The MIL Network –

    April 10, 2025

  • MIL-OSI: Triller Group Engage South Florida Investors at Exclusive Mar-a-Lago Event

    Source: GlobeNewswire (MIL-OSI)

    Sharing the Vision on a Once-in-a-Lifetime Opportunity

    Palm Beach, FL, April 09, 2025 (GLOBE NEWSWIRE) — Triller Group Inc. (Nasdaq: ILLR) (“Triller” or “the Company”) successfully concluded a landmark exclusive dinner at President Donald J. Trump’s prestigious Mar-a-Lago Club in Palm Beach, Florida. Over 100 distinguished South Florida investors gathered to discuss and delve into Triller’s ambitious strategic vision and remarkable recent progress.

    The exclusive event was led by Triller Group CEO Wing Fai Ng and CFO Mark Carbeck. Meetings with investors took place at the iconic private residence of President Donald J. Trump, adding to the exclusivity of the event.

    “We were truly honored to showcase Triller and the significant progress we have made in the last several months at the Mar-a-Lago Club,” said Wing Fai Ng, CEO of Triller Group. “I extend my heartfelt gratitude to the more than 100 investors again for taking the time last week to learn more about Triller and our unique vision for innovation in the digital and creator-driven economy.”

    Florida’s Mar-a-Lago has become a place of pilgrimage for CEOs seeking to build ties with the new administration, with leaders from large global brands previously engaging there with investors and key stakeholders.

    The White House recently announced that 104% tariffs on China will take effect soon, adding urgency to discussions around the future of the creator-driven economy. Now more than ever is a critical time for Triller to forge key relationships and explore once-in-a-lifetime opportunities as uncertainties around the future of TikTok continue to build, which may lead to an impending TikTok ban.

    About Triller Group Inc.

    (Nasdaq: ILLR) Triller Group Inc. is a technology powerhouse with a portfolio of high-growth businesses poised to break through in the Creator Economy. Triller App is the most creator-focused social platform offering discovery, monetization, and ownership. Supported by Triller Platform, it serves as a cutting-edge social media platform designed for creators, offering innovative tools for content creation, marketing, and brand partnerships. It enables creators to connect with fans, monetize their work, and build meaningful relationships with brands.

    Bare Knuckle Fighting Championship (BKFC) stages live and streaming combat sports events that are rapidly gaining popularity with fans globally. With a focus on exciting matchups and high-energy performances, BKFC has established itself as the fastest-growing combat league in the industry. TrillerTV is Triller Group’s premier live streaming platform, showcasing a diverse array of in-house and third-party sports and entertainment content. With its robust infrastructure, TrillerTV is committed to delivering high-quality live events that captivate audiences and drive subscriber growth.

    Additionally, AGBA serves as a one-stop financial supermarket, providing independent distribution of a wide range of financial products and services. By connecting consumers with essential financial solutions, AGBA enhances Triller Group’s ecosystem, making it easier for users to access the tools they need for financial success.

    Together, these diverse businesses form a unique and integrated ecosystem that positions Triller Group at the forefront of innovation in social media, live entertainment, combat sports, and financial services. For more information about our businesses, visit www.trillercorp.com and www.agba.com.

    # # #

    Investor & Media Relations:
    Bethany Lai
    ir@triller.co

    Breanne Fritcher
    triller@wachsman.com 

    Safe Harbor Statement

    This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company’s goals and strategies; the Company’s future business development; product and service demand and acceptance; changes in technology; economic conditions; the outcome of any legal proceedings that may be instituted against us following the consummation of the business combination; expectations regarding our strategies and future financial performance, including its future business plans or objectives, prospective performance and opportunities and competitors, revenues, products, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and our ability to invest in growth initiatives and pursue acquisition opportunities; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in Hong Kong and the international markets the Company plans to serve and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the SEC, the length and severity of the recent coronavirus outbreak, including its impacts across our business and operations. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward–looking statements to reflect events or circumstances that arise after the date hereof.

    The MIL Network –

    April 10, 2025
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