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Category: Banking

  • MIL-OSI: UAB “Atsinaujinančios energetikos investicijos” Public Green Bond Issue presentation to investors

    Source: GlobeNewswire (MIL-OSI)

    “Atsinaujinančios energetikos investicijos” (Issuer) and Orion Securities (Issue organizer) on 4th and 5th of June will present the bond issue and will answer investor questions during the webinar.

    • 4 June (Wednesday), 14:00
    • 5 June (Thursday), 10:00

    Investment orders can be submitted before 11 June, 3:30PM.
    Key bond issue details: 

    • Issue size: up to 100 mEUR
    • Size of the first tranche: up to 65 mEUR
    • Interest rate: 8 % 
    • Minimum investment amount: 100 000 EUR
    • Term: 2,5 years

    For more information and full documentation click here.

    HOW TO INVEST?

    Contact the financial brokerage company/bank (LHV, Signet, Swedbank, SEB Bank and others) handling your securities account for the submission of an investment order.

    If you do not have an investment services agreement concluded with a financial intermediary, send us an email to: bonds@orion.lt 

    The MIL Network –

    June 2, 2025
  • MIL-OSI: Information to be delivered by Artea Bank at the Nasdaq Vilnius conference “CEO Meets Investors”

    Source: GlobeNewswire (MIL-OSI)

    On June 2, 2025 at the traditional online webinar of listed companies’ executives with investors, hosted by Nasdaq Vilnius, Vytautas Sinius, CEO of Artea Bank will provide information on bank`s strategy, operation, financial outlook and future perspectives.

    Please find enclosed the information to be delivered during the presentation.

    Additional information:
    Tomas Varenbergas
    Head of Investment Management Division
    tomas.varenbergas@artea.lt +370 610 44447

    Attachment

    • 2025 06 CEO Meets Investors Nasdaq LT

    The MIL Network –

    June 2, 2025
  • MIL-OSI: Share repurchase programme: Transactions of week 22 2025

    Source: GlobeNewswire (MIL-OSI)

    The share repurchase programme runs as from 26 February 2025 and up to and including 30 January 2026 at the latest. In this period, Jyske Bank will acquire shares with a value of up to DKK 2.25 billion, cf. Corporate Announcement No. 3/2025 of 26 February 2025. The share repurchase programme is initiated and structured in compliance with the EU Commission Regulation No. 596/2014 of 16 April 2014, the so-called “Market Abuse Regulation”, and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (together with the Market Abuse Regulation, the “Safe Harbour Rules”).

    The following transactions have been made under the program:

      Number of
    shares
    Average purchase
    price (DKK)
    Transaction
    value (DKK)
    Accumulated, previous announcement 969,466 536.07 519,703,520
    26 May 2025 1,000 624.51 624,510
    27 May 2025 1,993 621.08 1,237,812
    28 May 2025 2,000 616.25 1,232,503
    Accumulated under the programme 974,459 536.50 522,798,345

    Following settlement of the transactions stated above, Jyske Bank will own a total of 3,739,577 of treasury shares, excluding investments made on behalf of customers and shares held for trading purposes, corresponding to 5.82% of the share capital.

    Attached to this corporate announcement, aggregated details on the transactions related to the share repurchase programme are shown by venue.
                                                             
    Yours faithfully,
    Jyske Bank

    Contact: Birger Krøgh Nielsen, CFO, tel. +45 89 89 64 44.

    Attachment

    • Share repurchase programme 20250602

    The MIL Network –

    June 2, 2025
  • MIL-OSI: Danske Bank share buy-back programme: transactions in week 22

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no. 27 2025

    Danske Bank

    Bernstorffsgade 40

    DK-1577 København V

    Tel. + 45 33 44 00 00

    2 June 2025

    Page 1 of 1

    Danske Bank share buy-back programme: transactions in week 22

    On 7 February 2025, Danske Bank A/S announced a share buy-back programme for a total of DKK 5 billion, with a maximum of 45,000,000 shares, in the period from 10 February 2025 to 30 January 2026, at the latest, as described in company announcement no. 6 2025.

    The Programme is carried out in accordance with Article 5 of Regulation (EU) No 596/2014 of the European Parliament and Council of 16 April 2014 (the “Market Abuse Regulation”) and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (together with the Market Abuse Regulation, the “Safe Harbour Rules”).

    The following transactions on Nasdaq Copenhagen A/S were made under the share buy-back programme in week 22:

      Number of shares VWAP DKK Gross value DKK
    Accumulated, last announcement 6,326,466 226.7928 1,434,796,980
    26 May 2025 51,000 255.0470 13,007,397
    27 May 2025 49,795 253.3644 12,616,280
    28 May 2025 50,000 250.4486 12,522,430
    29 May 2025      
    30 May 2025      
    Total accumulated over week 22 150,795 252.9667 38,146,107
    Total accumulated during the share buyback programme 6,477,261 227.4022 1,472,943,087

    With the transactions stated above, the total accumulated number of own shares under the share buy-back programme corresponds to 0.776% of Danske Bank A/S’ share capital.

    Danske Bank

    Contact: Claus Ingar Jensen, Head of Group Investor Relations, tel. +45 25 42 43 70

    Attachment

    • Danske Bank Template Company announcement UK

    The MIL Network –

    June 2, 2025
  • MIL-OSI Economics: Development Asia: Empowering Women, Greening Urban Transport in Uzbekistan

    Source: Asia Development Bank

    Until recently, legal restrictions in Uzbekistan limited women’s access to many jobs. Although a 2019 presidential decree abolished a list of more than 300 professions where female labor was either completely or partially prohibited, legal restrictions remained and prevented women from driving buses or freight vehicles weighing over 2.5 tons or carrying more than 14 passengers. This changed with Cabinet of Ministers’ Resolution No. 85 in February 2024, which officially lifted the remaining barriers.

    While this legislative reform marks a significant step forward, there are still obstacles that limit women’s full participation in public transport employment, highlighting the need for coordinated and effective solutions.

    A key obstacle is the lack of public awareness regarding available opportunities in the transport sector. Although there is strong demand for skilled drivers, information about the benefits of working as an electric bus driver—particularly for women—is still limited.

    Targeted information campaigns, showcasing success stories of female drivers, and media visibility of their contributions to urban mobility could play a vital role in reshaping public perceptions of the profession and inspire more women to consider careers in public transport.

    Working conditions also need to be improved since bus driving is physically and mentally demanding. The World Bank report Closing Gender Gaps in Transport recommends measures such as better shift scheduling, access to clean and well-lit rest areas, provision of sanitary facilities, and implementation of safety programs, which can attract more women to the profession. Modern electric buses, designed with ergonomic driver workstations, also help reduce physical strain and make vehicle operation more comfortable.

    Access to quality training remains a significant barrier. Acquiring the necessary driver’s license and completing required certification courses involve financial costs, which can deter potential candidates. To address this, government support through training subsidies and incentives for companies that hire female drivers could overcome these barriers and encourage higher female participation in the transport sector.

    MIL OSI Economics –

    June 2, 2025
  • MIL-OSI Banking: Development Asia: Empowering Women, Greening Urban Transport in Uzbekistan

    Source: Asia Development Bank

    Until recently, legal restrictions in Uzbekistan limited women’s access to many jobs. Although a 2019 presidential decree abolished a list of more than 300 professions where female labor was either completely or partially prohibited, legal restrictions remained and prevented women from driving buses or freight vehicles weighing over 2.5 tons or carrying more than 14 passengers. This changed with Cabinet of Ministers’ Resolution No. 85 in February 2024, which officially lifted the remaining barriers.

    While this legislative reform marks a significant step forward, there are still obstacles that limit women’s full participation in public transport employment, highlighting the need for coordinated and effective solutions.

    A key obstacle is the lack of public awareness regarding available opportunities in the transport sector. Although there is strong demand for skilled drivers, information about the benefits of working as an electric bus driver—particularly for women—is still limited.

    Targeted information campaigns, showcasing success stories of female drivers, and media visibility of their contributions to urban mobility could play a vital role in reshaping public perceptions of the profession and inspire more women to consider careers in public transport.

    Working conditions also need to be improved since bus driving is physically and mentally demanding. The World Bank report Closing Gender Gaps in Transport recommends measures such as better shift scheduling, access to clean and well-lit rest areas, provision of sanitary facilities, and implementation of safety programs, which can attract more women to the profession. Modern electric buses, designed with ergonomic driver workstations, also help reduce physical strain and make vehicle operation more comfortable.

    Access to quality training remains a significant barrier. Acquiring the necessary driver’s license and completing required certification courses involve financial costs, which can deter potential candidates. To address this, government support through training subsidies and incentives for companies that hire female drivers could overcome these barriers and encourage higher female participation in the transport sector.

    MIL OSI Global Banks –

    June 2, 2025
  • MIL-OSI Banking: Panasonic Connect Announces Personnel Change of Leadership Team Members

    Source: Panasonic

    Headline: Panasonic Connect Announces Personnel Change of Leadership Team Members

    The content in this website is accurate at the time of publication but may be subject to change without notice.Please note therefore that these documents may not always contain the most up-to-date information.Please note that German, French and Chinese versions are machine translations, so the quality and accuracy may vary.

    MIL OSI Global Banks –

    June 2, 2025
  • MIL-OSI Banking: Danmarks National­bank’s comments on the Economic Council’s discussion paper, Spring 2025

    Source: Danmarks Nationalbank

    Danmarks Nationalbank generally shares the Chairmanship’s assessment of the growth outlook, along with price and wage developments in the coming years. Despite the trade conflict, there are still prospects for significant growth in Danish exports, partly due to production abroad under Danish ownership, while increases in real wages support growth in private consumption. In its latest projection from March, Danmarks Nationalbank predicted higher growth and, contrary to the Chairmanship, that employment will continue to increase in the coming years. This reflects a subsequent increase in US tariffs and a different assessment of how the current capacity pressure in the economy will affect growth.

    Danmarks Nationalbank shares the Chairmanship’s assessment that there is currently unusually high uncertainty affecting consumers and businesses, e.g. it is difficult to plan investments and supply chains etc. However, Danmarks Nationalbank shares the Chairmanship’s assessment that the Danish economy has a solid foundation without significant imbalances to handle the uncertainty arising from the trade conflict.

    The Chairmanship notes that trade is important, especially for a small, open economy like Denmark. Increased tariffs hamper economic activity, productivity and prosperity as less trade reduces the ability to utilise comparative advantages and capitalise on economies of scale. Danmarks Nationalbank agrees with this.

    Since the bank’s last projection, a number of risks related to the trade conflict have materialised and a number of international organisations have downgraded growth in Denmark’s export markets. Based on a number of model calculations, Danmarks Nationalbank estimates that increased tariffs will weaken economic activity and, in common with the Chairmanship, assesses that there is no prospect of a massive downturn even if further risks related to the trade conflict materialise.

    The Chairmanship assesses that the Danish economy will remain in a moderate boom with a high level of employment in the coming years. Danmarks Nationalbank to a greater extent than the Chairmanship assesses that pressure on the labour market has eased and that it is currently lower than the Chairmanship’s assessment. Overall, Danmarks Nationalbank assesses that the Danish economy is currently in an approximately neutral cyclical stance. This assessment is reflected in the fact that most indicators of pressure on the labour market do not deviate significantly from the period immediately before the pandemic, when developments in consumer prices were weak and wage growth moderate. Lower pressure on the labour market compared to a few years ago is also reflected in this spring’s collective wage agreements in the private labour market, with agreed wage increases compatible with stable, low inflation, as the Chairmanship also expects.

    Based on the assessment that the Danish economy is in a moderate boom, the Chairmanship assesses that fiscal policy is too expansionary for the coming years from a narrow stabilisation perspective, which increases the risk of imbalances building up in the Danish economy. However, the Chairmanship also states that there are currently no clear cyclical imbalances in the Danish economy and that consequently, there are no imminent socio-economic risks in the planned fiscal policy. In its March projection, Danmarks Nationalbank agreed with the Chairmanship that there is considerable uncertainty about future defence spending and how much it will impact capacity pressures. A significant and rapid increase in defence spending could increase capacity pressures and challenge public finances. Danmarks Nationalbank assesses that if capacity pressure increases noteworthy, it should be offset by fiscal policy measures that reduce pressure in the economy accordingly. This assessment reflects that Denmark is currently assessed to be in a neutral cyclical position.

    Danmarks Nationalbank agrees with the Chairmanship that a uniform carbon tax on emissions basically ensures the cheapest reductions in socio-economic terms. Danmarks Nationalbank also agrees that uniform pricing of greenhouse gas emissions in agriculture across EU countries reduces total socio-economic costs, and that it is therefore ideally appropriate to work towards agriculture being covered by a common quota system at EU level.

    MIL OSI Global Banks –

    June 2, 2025
  • MIL-OSI Banking: RBI launches Survey on Computer Software and Information Technology Enabled Services (ITES) Exports: 2024-25

    Source: Reserve Bank of India

    The Reserve Bank has launched the 2024-25 of its annual survey on Computer Software and Information Technology Enabled Services (ITES) Exports.

    The survey collects data on various aspects of computer services exports as well as exports of information technology enabled services (ITES) and business process outsourcing (BPO). The survey results are disseminated in public domain besides being used in compilation of India’s external sector statistics.

    The survey schedule for the 2024-25 round is required to be filled in by all software and ITES/BPO exporting entities. The format of the ITES survey schedule has been updated for the current round. The soft form of this survey schedule (both in Hindi and English) is available on the RBI’s website under the head ‘Regulatory Reporting’ → ‘List of Returns’ → ‘Return Name’ → ‘ITES – Survey Schedule’ [or under the head ‘Forms’ (available at the bottom of the home page) and sub-head ‘Survey’], which can be duly filled and submitted via email by July 15, 2025.

    The instructions are provided in FAQs and, in case of any query or clarification, kindly contact us at itesquery@rbi.org.in or given below address.

    The Director,
    International Investment Position Division,
    Department of Statistics and Information Management (DSIM),
    Reserve Bank of India,
    C-9, 5th floor, Bandra-Kurla Complex, Bandra (E),
    Mumbai – 400 051.
    Please click here to send email.

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2025-2026/453

    MIL OSI Global Banks –

    June 2, 2025
  • MIL-OSI Banking: RBI launches the Survey on Foreign Liabilities and Assets of Mutual Funds and Asset Management Companies: 2024-25 round

    Source: Reserve Bank of India

    The Reserve Bank has launched the 2024-25 round of its annual survey on ‘Foreign Liabilities and Assets of Mutual Funds and Asset Management Companies’. The survey collects the information from mutual fund companies and asset management companies on their external financial liabilities and assets as at end-March of the latest financial year. The survey results are disseminated in the public domain besides being used in compilation of India’s external sector statistics.

    Asset management companies (AMCs) are required to submit the annual return on Foreign Liabilities and Assets (FLA) online through the web-based portal (https://flair.rbi.org.in) by July 15, 2025.

    In addition, mutual fund companies are required to fill the survey schedule (Schedule-4), which is available on the RBI website under the head ‘Regulatory Reporting’ → ‘List of Returns’ → ‘FLA MF – Survey Schedule’ [or under the head ‘Forms’ (available at the bottom of the home page) and sub-head ‘Survey’], and send via e-mail by July 15, 2025.

    Both Hindi and English formats are available for Schedule-4 and reporting companies may use either of them. Please refer to the instructions with FAQs and in case of any query or clarification, kindly contact:

    The Director,
    International Investment Position Division (IIPD),
    Department of Statistics and Information Management (DSIM),
    Reserve Bank of India,
    C9-5th floor, Bandra-Kurla Complex, Bandra (East),
    Mumbai-400051.
    Please click here to send email.

    Ajit Prasad           
    Deputy General Manager
    (Communications)      

    Press Release: 2025-2026/452

    MIL OSI Global Banks –

    June 2, 2025
  • MIL-OSI Banking: RBI launches the 15th round of the Survey on Foreign Collaboration in Indian Industry

    Source: Reserve Bank of India

    The Reserve Bank of India has been conducting the Survey on Foreign Collaboration in Indian Industry since 1965. The 15th round of the survey with 2023-24 and 2024-25 as the reference period has now been launched.

    The survey collects information on the operations of the Indian companies having foreign technical collaboration in terms of performance indicators (e.g., production, exports, imports, cost of material) along with the crucial features of technology transfer agreements (viz., nature, duration, mode of payment, export restriction, provision of exclusive rights, use of technology after expiry of the agreements).

    The schedule of this survey is required to be filled by the Indian companies having technical collaborations with foreign companies. The soft form of the survey schedule (both in Hindi and English – one of which can be used) is available on the RBI website under the head ‘Regulatory Reporting’ -→ ‘List of Returns’ -→ ‘FCS – Survey Schedule’ [or under the head ‘Forms’ (available at the bottom of the home page in sub-head ‘Survey’), which can be duly filled-in and submitted to email by July 15, 2025.

    The instructions are provided in RBI website under ‘Research and Data’ in FAQs and, in case of any query or clarification, kindly contact us at:

    The Director,
    International Investment Position Division,
    Department of Statistics and Information Management (DSIM),
    Reserve Bank of India,
    C-9, 5th floor, Bandra-Kurla Complex, Bandra (E),
    Mumbai – 400 051.
    Please click here to send email.

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2025-2026/451

    MIL OSI Global Banks –

    June 2, 2025
  • MIL-Evening Report: Eugene Doyle: Writing in the time of the Gaza genocide

    COMMENTARY: By Eugene Doyle

    I want to share a writer’s journey — of living and writing through the Genocide.  Where I live and how I live could not be further from the horror playing out in Gaza and, increasingly, on the West Bank.

    Yet, because my country provides military, intelligence and diplomatic support to Israel and the US, I feel compelled to answer the call to support Palestine by doing the one thing I know best: writing.

    I live in a paradise that supports genocide
    I am one of the blessed of the earth. I’m surrounded by similarly fortunate people. I live in a heart-stoppingly beautiful bay.

    Even in winter I swim in the marine reserve across the road from our house.  Seals, Orca, all sorts of fish, octopus, penguins and countless other marine life so often draw me from my desk towards the rocky shore.  My home is on the Wild South Coast of Wellington. Every few days our local Whatsapp group fires a message, for example:  “Big pod of dolphins heading into the bay!”

    I live in Aotearoa New Zealand, a country that, in the main, is yawning its way through a genocide and this causes me daily frustration and pain.  It drives me back to the keyboard.

    I am surrounded by good friends and suffer no fears for my security. I am materially comfortable and well-fed. I love being a writer. Who could ask for more?

    I write, on average, a 1200-word article per week. It’s a seven days a week task and most of my writing time is spent reading, scouring news sites from around the world, note-taking, fact-checking, fretting, talking to people and thinking about the story that will emerge, always so different from my starting concept.

    I’m in regular contact with historians, ex-diplomats, geopolitical analysts, writers and activists from around the world and count myself fortunate to know these exceptional people.

    This article is different, simpler; it is personal — one person’s experience of writing from the far periphery of the conflict.

    I don’t want to live in a country that turns a blind or a sleep-laden eye to one of the great crimes against humanity. I have come to the hurtful realisation that I have a very different worldview from most people I know and from most people I thought I knew.

    Fortunately, I have old friends who share in this struggle and I have made many new friends here in New Zealand and across the world who follow their own burning hearts and work every day to challenge the role our governments play in supporting Israel to destroy the lives of millions of innocent people. To me, these people — and above all the Palestinian people in their steadfast resistance — are the heroes who fuel my life.

    Writing is fighting
    Most of us have multiple demands on our time; three of my good writer friends are grappling with cancer, another lost his job for challenging the official line and now must work long hours in a menial day job to keep the family afloat. Despite these challenges they all head to the keyboard to continue the struggle.  Writing is fighting.

    There’s so little we can all do but, as Māori people say: “ahakoa he iti, he pounamu” – it may only be a little but every bit counts, every bit is as precious as jade.

    That sentiment is how movements for change have been built – anti-Vietnam war, anti-nuclear, anti-Apartheid — all of them pro-humanity, all of them about standing with the victims not with the oppressors, nor on the sideline muttering platitudes and excuses.  As another writer said: “Washing one’s hands of the struggle between the powerful and the powerless means to side with the powerful, not to be neutral.” (Paolo Friere)  Back to the keyboard.

    My life until October 7th was more focussed on environmental issues, community organisation and water politics.  I had ceased being “a writer” years ago.

    One day in October 2023 I was in the kitchen, ranting about what was being done to the Palestinians and what was obviously about to be done to the Palestinians: genocide.  My emotions were high because I had had a deeply unpleasant exchange with a good friend of mine on the golf course (yes, I play golf). He told me that the people of Gaza deserved to be collectively punished for the Hamas attack of October 7th.

    I had angrily shot back at him, correctly but not diplomatically, that this put him shoulder-to-shoulder with the Nazis and all those who imposed collective punishment on civilian populations.  My wife, to her credit, had heard enough: “Get upstairs and write an article!  You have to start writing!”

    It changed my life. She was right, of course.  Impotent rage and parlour-room speeches achieve nothing. Writing is fighting.

    ’40 beheaded babies survived the Hamas attack’
    My first article “40 Beheaded Babies Survived the Hamas Attack” was a warning drawn from history about narratives and what the Americans and Israelis were really softening the ground for. Since then I have had about 70 articles published, all in Australia and New Zealand, some in China, the USA, throughout Asia Pacific, Europe and on all sorts of email databases, including those sent out by the exemplary Ambassador Chas Freeman in the US and another by my good friend and human rights lawyer J V Whitbeck in Paris.

    All my articles are on my own site solidarity.co.nz.

    As with historians, part of a writer’s job is to spot patterns and recurrent themes in stories, to detect lies and expose deeper agendas in the official narratives.  The mainstream media is surprisingly bad at this.  Or chooses to be.

    Just like the Incubator Babies story in Iraq, the Gulf of Tonkin Incident in Vietnam, reaching right back to the sinking of the USS Maine in Havana in 1898, propaganda is often used as a prelude to atrocities.  The blizzard of lies after October 7th were designed to be-monster the Palestinians and prepare the ground for what would obviously follow.

    The narrative of beheaded babies promoted by world leaders, including President Biden, was powerfully amplified by our mainstream media; journalists at the highest level of the trade spread the lies.

    I have to tell you, it was frightening in October 2023 to challenge these narratives.  Every day I pored through the Israeli news site Ha’aretz for updates. Eventually the narrative fell apart — but by then the damage was done. Thousands of real babies had been murdered by the Israelis.

    Never before have so many of my fellow writers been killedFollowing events in Palestine closely, it still comes as a shock when a journalist I have read, seen, heard is suddenly killed by the Israelis. This has happened several times. When it does I take a coffee and walk up the ridiculously steep track behind my house and sit high above the bay on a bench seat I built (badly).

    That bench is my “top office” where I like to chew thoughts in my mind as I see the cold waves break on the brown rocks below.  High up there I feel detached and better able to ask and answer the questions I need to process in my writing.

    Why does our media pay little attention to the killing of so many fellow writers?  Why don’t they call out the Israelis for having killed more journalists than any military machine in history? Why the silence around Israel’s  “Where’s Daddy?” killing programme that has silenced so many Palestinian journalists and doctors by tracking their mobile phones and striking with a missile just when they arrive back home to their families?  Why does “the world’s most moral army” commit such ugly crimes? Where’s the solidarity with our fellow journalists?

    Is it because their skin is mainly dark?  Is that why, according to Radio New Zealand’s own report on its Gaza coverage, New Zealanders have more in common with Israelis than we do with Palestinians? RNZ refers to this as our “proximity” to Israelis. They’re right, of course: by failing to shoulder our positive duty to act decisively against Israel and the US we show that we share values with people committing genocide.

    Is this why stories about our own region — Kanaky New Caledonia, Papua New Guinea, the Marshall Islands and so on, get so little coverage? I have heard many times the immense frustration of journalists I know who work on Pacific issues. The answer is simple: we have greater “proximity” to Benjamin Netanyahu than we do to the Polynesians or Melanesians in our own backyard. Really?

    Such questions need answers. Back to the keyboard.

    Solidarity
    I try not to permit myself despair. It’s a privilege we shouldn’t allow ourselves while our government supports the genocide.  Sometimes that’s hard.

    There’s a photo I’ve seen of a Palestinian mother holding her daughter that haunts me.  In traditional thobe, her head covered by her simple robe, she could easily be Mary, mother of Jesus. She stares straight at the camera. Her expression is hard to read. Shock? Disbelief? Wounded humanity?  Blood flows from below her eyes and stains her cheek and chin. Her forehead is blackened, probably from an explosive blast. She holds her child, a girl of perhaps 10, also damaged and blackened from the Israeli attack.  The child is asleep or unconscious; I can’t tell which.  The mother holds her as lovingly, as poignantly, as Mary did to Jesus when he came down from the cross.  La Pietà in Gaza.

    Why do some of us care less about this pair? Where is our humanity that we can let this happen day after day until the last syllable of our sickening rhetoric that somehow we in the West are morally superior has been vomited out.

    I’ll give the last word to another writer:

    “Verily I say unto you, in as much as ye have done it unto one of the least of these my brethren, ye have done it unto me.”

    Eugene Doyle is a writer based in Wellington. He has written extensively on the Middle East, as well as peace and security issues in the Asia Pacific region. He contributes to Asia Pacific Report and Café Pacific, and hosts the public policy platform solidarity.co.nz.

    MIL OSI Analysis – EveningReport.nz –

    June 2, 2025
  • Nifty, Sensex open lower amid negative global cues

    Source: Government of India

    Source: Government of India (4)

    The Indian stock market opened on a weak note on Monday, tracking negative cues from global markets. The benchmark BSE Sensex fell by 676.86 points or 0.83 per cent to 80,774.15 in early trade, while the NSE Nifty declined by 181.15 points or 0.74 per cent to 24,568.25.

    Selling pressure was visible in broader market indices as well, with the Nifty Midcap 100 index down 104 points or 0.18 per cent at 57,315 and the Nifty Smallcap 100 index falling 69 points or 0.39 per cent to 17,813.

    In the Sensex pack, HUL, Adani Ports, IndusInd Bank, Nestle, SBI, Eternal (Zomato), Asian Paints and Power Grid were among the few gainers. On the losing side were major players including HDFC Bank, HCL Tech, Reliance Industries, Bajaj Finance, Infosys, Tata Steel and Tech Mahindra.

    Analysts suggest that the current market structure supports a continuation of the ongoing consolidation phase. VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said that recent announcements by former US President Donald Trump, particularly the imposition of 50 per cent tariffs on steel and aluminium, point towards a turbulent global trade environment. He noted that such developments could weigh on investor sentiment in the near term.

    Despite global uncertainties, domestic fundamentals remain strong. India’s GDP growth for the fourth quarter came in at 7.4 per cent, surpassing expectations and offering optimism for continued economic expansion. Analysts also highlighted positive trends in consumption and capital expenditure, along with low inflation and the likelihood of an accommodative monetary policy, as encouraging signs for FY26.

    Sectorally, the market presented a mixed picture. IT, financial services, metal, media, services and commodities saw losses, while FMCG, PSU banks, real estate and energy stocks witnessed buying interest.

    Asian markets traded mostly in the red, with Tokyo, Hong Kong, Jakarta and Seoul posting losses. The Shanghai market was shut for a public holiday. On Wall Street, the Dow Jones closed 0.31 per cent higher on Friday, while the Nasdaq dipped 0.32 per cent, reflecting mixed investor sentiment in the US.

    Market experts believe that while the long-term outlook remains positive, a short-term phase of consolidation is currently underway as investors assess global developments and await further clarity on domestic policy trends.

    -IANS

    June 2, 2025
  • MIL-OSI Economics: Money Market Operations as on May 30, 2025

    Source: Reserve Bank of India


    (Amount in ₹ crore, Rate in Per cent)

      Volume
    (One Leg)
    Weighted
    Average Rate
    Range
    A. Overnight Segment (I+II+III+IV) 15,924.84 5.87 5.00-6.20
         I. Call Money 1,254.14 5.55 5.25-5.90
         II. Triparty Repo 13,228.50 5.90 5.00-6.10
         III. Market Repo 63.00 5.25 5.25-5.25
         IV. Repo in Corporate Bond 1,379.20 5.93 5.90-6.20
    B. Term Segment      
         I. Notice Money** 15,580.47 5.85 4.85-6.00
         II. Term Money@@ 977.00 – 5.75-6.15
         III. Triparty Repo 4,48,258.90 5.84 5.69-6.20
         IV. Market Repo 1,93,830.04 5.74 1.90-6.10
         V. Repo in Corporate Bond 0.00 – –
      Auction Date Tenor (Days) Maturity Date Amount Current Rate /
    Cut off Rate
    C. Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF)
    I. Today’s Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo          
         (b) Reverse Repo          
      (II) Fine Tuning Operations          
         (a) Repo Fri, 30/05/2025 3 Mon, 02/06/2025 8,721.00 6.01
         (b) Reverse Repo          
      (III) Long Term Operations^          
         (a) Repo          
         (b) Reverse Repo          
    3. MSF# Fri, 30/05/2025 1 Sat, 31/05/2025 1,381.00 6.25
      Fri, 30/05/2025 2 Sun, 01/06/2025 0.00 6.25
      Fri, 30/05/2025 3 Mon, 02/06/2025 159.00 6.25
    4. SDFΔ# Fri, 30/05/2025 1 Sat, 31/05/2025 2,23,572.00 5.75
      Fri, 30/05/2025 2 Sun, 01/06/2025 0.00 5.75
      Fri, 30/05/2025 3 Mon, 02/06/2025 5,526.00 5.75
    5. Net liquidity injected from today’s operations [injection (+)/absorption (-)]*       -2,18,837.00  
    II. Outstanding Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo          
         (b) Reverse Repo          
      (II) Fine Tuning Operations          
         (a) Repo          
         (b) Reverse Repo          
      (III) Long Term Operations^          
         (a) Repo          
         (b) Reverse Repo          
    3. MSF#          
    4. SDFΔ#          
    D. Standing Liquidity Facility (SLF) Availed from RBI$       8,594.62  
    E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*     8,594.62  
    F. Net liquidity injected (outstanding including today’s operations) [injection (+)/absorption (-)]*     -2,10,242.38  
    G. Cash Reserves Position of Scheduled Commercial Banks
         (i) Cash balances with RBI as on May 30, 2025 9,63,159.59  
         (ii) Average daily cash reserve requirement for the fortnight ending May 30, 2025 9,48,817.00  
    H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ May 30, 2025 8,721.00  
    I. Net durable liquidity [surplus (+)/deficit (-)] as on May 16, 2025 3,48,763.00  
    @ Based on Reserve Bank of India (RBI) / Clearing Corporation of India Limited (CCIL).
    – Not Applicable / No Transaction.
    ** Relates to uncollateralized transactions of 2 to 14 days tenor.
    @@ Relates to uncollateralized transactions of 15 days to one year tenor.
    $ Includes refinance facilities extended by RBI.
    & As per the Press Release No. 2019-2020/1900 dated February 06, 2020.
    Δ As per the Press Release No. 2022-2023/41 dated April 08, 2022.
    * Net liquidity is calculated as Repo+MSF+SLF-Reverse Repo-SDF.
    ¥ As per the Press Release No. 2014-2015/1971 dated March 19, 2015.
    # As per the Press Release No. 2023-2024/1548 dated December 27, 2023.
    ^ As per the Press Release No. 2025-2026/91 dated April 11, 2025.
    Ajit Prasad          
    Deputy General Manager
    (Communications)    
    Press Release: 2025-2026/450

    MIL OSI Economics –

    June 2, 2025
  • MIL-OSI USA: Congressman Rose Continues Push for Homebuyer Privacy Protection

    Source: United States House of Representatives – Congressman John Rose (TN-06)

    WASHINGTON, DC—On Thursday, U.S. Representative John Rose (R-TN) reintroduced H.R. 2808, the “Homebuyers Privacy Protection Act”. The legislation, which is being co-led by Rep. Ritchie Torres (D-NY), would dramatically reduce the number of unwanted calls and messages potential homeowners across the country experience during the homebuying process. 

    Credit bureaus are typically notified when a consumer applies for financing,. That information (which is commonly referred to as a trigger lead) is then often sold by the credit bureaus to data brokers (including other lenders) without the consumer’s knowledge or approval. Consumers are then often bombarded with hundreds of unwanted solicitations. 

    The “Homebuyers Privacy Protect Act” would amend the Fair Credit Reporting Act (FCRA) to prohibit a consumer reporting agency from furnishing a trigger lead unless an individual chooses to opt-in while also preserving the use of trigger leads in appropriately limited circumstances. 

    Rep. Rose released the following statement: 

    “The Homebuyers Privacy Protection Act strikes the right balance in my view,” Rep. Rose said. “It protects potential homebuyers from unsolicited, predatory, sales tactics while preserving fair competition. Once signed into law, it will make a big difference for those Tennesseans who are attempting to buy a home. 

    Rep. Torres released this statement: 

    “The Homebuyers Privacy Protection Act will serve as a crucial and transformative step in safeguarding American consumers from unwanted and invasive credit solicitations,” Rep. Torres said. Too often, homebuyers find themselves bombarded with unsolicited offers beginning the moment they apply for a mortgage that persist indefinitely. This bill will ensure that consumers maintain greater control over their personal financial information, preventing predatory practices and strengthening data privacy. I am proud to join Congressman Rose in reintroducing this bipartisan legislation, which will provide much-needed protections for American homebuyers.”

    Rep. Rose and Torres were joined in sponsoring the bill by Reps. Gabe Amo (D-RI-01), Mark E. Amodei (R-NV-02), Jack Bergman (R-MI-01), Stephanie Bice (R-OK-05), Julia Brownley (D-CA-26), Emanuel Cleaver (D-MO-05), Cleo Fields (D-LA-06), Brian Fitzpatrick (R-PA-01), Scott Franklin (R-FL-18), Andrew R. Garbarino (R-NY-02), Michael Guest (R-MS-03), Dusty Johnson (R-SD-AL), Trent Kelly (R-MS-01), David Kustoff (R-TN-08), Frank D. Lucas (R-OK-03), John Moolenaar (R-MI-02), Joe Neguse (D-CO-02), Eleanor Holmes Norton (D-DC-AL), Zach Nunn (R-IA-03), Andy Ogles (R-TN-05), Brittany Pettersen (D-CO-07), Adrian Smith (R-NE-03), Bryan Steil (R-WI-01), Tom Suozzi (D-NY-03), William Timmons (R-SC-04), Rob Wittman (R-VA-01)

    The legislation also has overwhelming bicameral support. In fact, a Senate version of Rep. Rose’s legislation, introduced by Sens. Bill Hagerty (R-TN) and Jack Reed (D-RI), passed just last December. Sens. Hagerty and Reed also reintroduced their bill on Thursday. 

    Senator Hagerty released this statement: 

    “Unsolicited phone calls caused by trigger leads have become an intolerable nuisance to many Tennesseans,” said Senator Hagerty. “I’m pleased to join this bipartisan, bicameral legislation that will protect Americans’ data and help reduce endless spam calls.”

    Senator Reed released this statement: 

    “Buying a home is already a complex and stressful process. Consumers should not get needlessly ‘spammed’ with unsolicited, predatory offers just because they take a necessary step in the homebuying process. This bill would halt abusive trigger leads,” said Senator Reed. “The Homebuyers Privacy Protection Act will put consumers back in the driver’s seat and help cut down on the spam. It will help reduce predatory practices and provide much needed relief from unwanted industry calls, texts, and emails.”

    The ”Homebuyers Privacy Protection Act” is supported by a broad coalition of financial trades and consumer groups, including the Independent Community Bankers of America, Mortgage Bankers Association, National Association of Mortgage Brokers, American Bankers Association, and the Broker Action Coalition. 

    “The National Association of Mortgage Brokers (NAMB) would like to thank Congressmen John Rose and Ritchie Torres for reintroducing trigger leads legislation. We believe this bill is tailored to give consumers more control over the information they receive as part of the homebuying process and eliminates trigger lead abuses while preserving their use in appropriately limited circumstances. As President of NAMB, I will always support any legislation that ensures the protection and privacy of homebuyers, and I applaud Congress for leading this effort,” said Jim Nabors, NAMB President.

    “The Broker Action Coalition (BAC) applauds Congressmen John Rose and Ritchie Torres, as well as Senators Hagerty and Reed, for reintroducing this vital legislation to improve data privacy standards. Consumers should have complete control over their financial data, and the Homebuyers Privacy Act is a huge step in the right direction.” said Brendan McKay, Chief Advocacy Officer & Co-Founder of the Broker Action Coalition.

    U.S. Representative John Rose is currently serving his fourth term representing Tennessee’s Sixth Congressional District and resides on his family farm in Lancaster with his wife, Chelsea, and their two sons, Guy and Sam. The Sixth District includes Cannon, Clay, Cumberland, DeKalb, Fentress, Jackson, Macon, Overton, Pickett, Putnam, Smith, Sumner, Trousdale, Van Buren, and White counties as well as portions of Davidson, Scott, Warren, and Wilson counties. Representative Rose is an eighth-generation farmer, small business owner, and attorney.

    ###

    MIL OSI USA News –

    June 2, 2025
  • MIL-OSI New Zealand: Speech: ACT Celebration Brunch

    Source: ACT Party

    Speech
    ACT Leader David Seymour
    Sunday 1 June, 2025
    ACT New Zealand Celebration Brunch

    Intro

    “It does not take a majority to prevail … but rather an irate, tireless minority, keen on setting brushfires of freedom in the minds of men and woman.”

    That was Sam Adams, one of the United States’ founding fathers. So many people here today, and some who sadly couldn’t be, fit Sam Adams’ description:

    I know one or two here are, occasionally, irate.

    To get this far, we’ve had to be tireless.

    I suspect we’ll always be a minority, but we succeed by setting brushfires in people’s minds.

    Human freedom, to do what you like if you don’t harm others, is the only thing truly worth fighting for. Only when that principle prevails can we turn our efforts on fighting problems in the natural world, instead of each other.

    This is no swansong, just a little rest before the next climb, perhaps the next setback, we’ve had lots of both, and we’ll have lots more.

    Today’s an opportunity to thank you for all your efforts setting brushfires of freedom in the minds of New Zealanders, and recommit ourselves to the mission of promoting a free society.

    Challenges I’ve faced and people who’ve helped/what I’ve learned from them

    Now, it hasn’t always been easy. If I had to pick a theme song for the last ten years, it could be one of Mark Knopfler. The Scaffolder’s Wife. Mark always writes with great empathy for the struggling.

    “In the wicked old days, when we went it alone. Kept the company goin,’ on a wing and a prayer.”

    Those words really stick with me, because sum up my first six years of leading ACT.

    In fact, it hasn’t just been a bit difficult. Most of the time it seemed bloody impossible.

    It’s a happy miracle our party exists. There is no party committed to human freedom anywhere in the world as successful as ACT. Most politicians find it too easy to get votes by promising other people’s money, or promising to regulate other people’s choices.

    We take the hard road. We seek political power by promising voters only the freedom to make the most of their own lives. We do so because only the creative powers of a free society can generate the wealth to overcome our challenges.

    Not only is our mission fundamentally hard, but sometimes we’ve made it harder than necessary. I hesitate to bring it up, but we’ve burned ourselves on one or two of our own brushfires along the way.

    Our perk buster took a perk. Our tough on crime guy got convicted. Our leadership had a civil war. We were subject to an unconventional coup.

    In 2011, ACT ran one of the most corageous three-pronged election campaigns in modern history. Supply side economics, one law for all, and freeing the weed. There are constituencies for all three causes, but they don’t all get along.

    John Banks steadied the ship, and I want to thank him for his unconditional support. John didn’t just allow the party to survive, he allowed it to survive as a liberal party.

    I imagine being turned around to vote for gay marriage wasn’t easy for him. On the other hand, saying no to Jenny isn’t easier either.

    John’s sacrifices allowed Jamie Whyte and I to run a ticket in 2014, but things could still get much worse. It turned out my dear friend with a CV from heaven was brilliant at everything but politics.

    I say all this because it’s the backdrop to one hell of a climb. You have to see where we started to see how far we’ve come. That is, to see the full achievement of the people in this room and some who can’t be here today. We’ve made ACT the world’s most successful classical liberal party.

    For five years, nothing we did made a jot of difference. There was a Facebook group called ‘Is ACT polling 1 per cent yet,’ and it seemed like it would be forever.

    People said our party was not legitimate. They said we shouldn’t even be in Parliament. They said we had no real agency, being an offshoot of another party. When they talked about us, they didn’t talk about what I was saying in the present. Instead, they judged us by others had taken while I myself had been living in another country.

    After the election disaster of 2017, I said that it didn’t matter what our shop was selling. We just couldn’t get anyone in the door, let alone buying.

    This kind of relentless doomism was the opposite of everything ACT stands for. We believe, as Richard Prebble says in I’ve Been Thinking, that life isn’t like bad weather, you can make a difference in your time on Earth.

    Unfortunately, some things were like the weather. We couldn’t make it rain financially. Eric Clapton said nobody knows you when you’re down and out. I can tell you from experience that very few donate to your political party, either.

    Lindsay Fergusson is one who can’t be here, may he rest in peace. I remember we got to $7,000 left. We’d miss rent on the office and be kicked out if something didn’t change. Lindsay put $5,000 in ACT’s account and said ‘don’t tell Lynne.’ Lynne, I hope the secret’s ok to let out now.

    I used to try to call two ACT members every week day. One day I called a guy called Chris Reeve. I noticed his email address was superman. He also said he wanted to donate. Could this guy be for real?

    I earnestly explained where the party was up to and what I needed to raise in a year to keep it going. He looked at me and said “I’ll do half if that Jenny Gibbs will do the other half.”

    I still remember clearly the first time I met Jenny, in 2005. “I’m a social liberal, too,” she said. Her generous support of ACT is published by the Electoral Commission, but her personal support of successive ACT leaders is not. She is one of the warmest and wisest women in New Zealand and we’re lucky to have her.

    Not every donor gives in the thousands, but thousands have given donations to keep our party alive, even when it might have seemed like palliative care. I thank everyone who’s given to ACT, whether you gave $5 or $5,000.

    Some people give their time. In the wicked old days when we went it alone, I was never really alone. So many people helped, delivering mail, erecting signs, filing the party accounts, and opening up their homes for house meetings.

    Alison and Stu Macfarlane rapidly edited my second book Own Your Future. They said the timeline was mad. I said we couldn’t move the election. I think that book helped keep the party together. Most parties couldn’t publish a book of their policies. Some probably think books are a symbol of colonisation anyway. What sets ACT apart is that we are a party of ideas.

    People think a political party is an enormous enterprise with limitless resources required to Govern a country. If you were taking hope or reassurance from that, I’m sorry to disappoint.

    We’re more reliant on wings and prayers than massive resources. One person who found this out the hard way was Malcolm Pollock. Chis Fletcher, Auckland’s mother, introduced him to me.

    He thought he might get a minor role making the tea on the sidelines of this vast edifice. We walked out of Fraser’s café as the bewildered new Chair of the Party’s only functioning electorate committee! In similar circumstances, Ruwan Premathilaka became party President.

    So many Malcolms and Margarets up and down this country have volunteered to make our party possible. ACT has ten times more members today than it did when Malcolm joined.

    Perhaps the hardest role in the Party is being the President. You’re legally responsible for the organization, but to survive it needs to change strategy at a moment’s notice. It must be the Governance equivalent of riding a mechanical Bull.

    We’ve been lucky to have very patient presidents, who’ve been prepared to hold the ship together. The current President, John Windsor, is perhaps New Zealand’s greatest political activist.

    John has never met a problem he can’t quickly and quietly fix. Signs, mail, volunteers, no problem. They say amateurs talk strategy, professional’s talk logistics. In that sense John is a true professional, and a great ACT President.

    Some roles are so difficult we need to pay people to do them. That would be our parliamentary staff. If I’ve done anything right in politics, it’s been attracting and retaining great people.

    Yesterday my electorate office staff came with me to Government House for the swearing in ceremony. I wanted them to be there because they’re be best electorate team in the country. They get swamped with requests for help from other electorates. There’s three positions and we’ve had one change in ten years, if turnover rates mean anything then we have a great team.

    The same thing goes for ACT’s team in Wellington. We’ve been ranked by far the best working environment on the Parliamentary Precinct, and we keep attracting great talent.

    One talent stood out more than any. When Brooke van Velden came to work in Wellington, the End of Life Choice Bill was still possible, but far from inevitable.

    It got stuck in Select Committee for sixteen months, and the antis refused to be constructive. We couldn’t make the changes we needed to get political buy in, let-alone make good law.

    We’d have to make these changes in The Committee of the Whole House stage, where each MP can individually vote on every word of the legislation. One wrong vote and the Bill could end up a nonsense, sinking a three-year project in a heartbeat.

    That’s when we came up with the Sponsor’s Report. If the eight MPs on the Select Committee, supported by the Ministry of Health, couldn’t come up with a coherent set of reforms, then a 26-year-old woman with a sharp mind would.

    The Sponsor’s Report remains one of the most effective policy documents ever produced in New Zealand. It was written by Brooke but, like Helen Clark, I just signed it. In the end we got MPs to vote for every change we needed to make the law, and oppose every change that would have stuffed it up.

    Besides Brooke, there have been 13 other new ACT MPs in the last decade, and they have been extraordinary. Nicole, Chris, Simon, James, Karen, Mark, Toni, Damien, Todd, Andrew, Parmjeet, Laura, and Cameron have been an exceptional team of players. However, they’ve also formed a great playing team, and we know a playing team always beats a team of players.

    Today our MPs in Government are delivering that real change that you asked for and we campaigned on.

    Our Parliamentarians are taking on the scourge of deepfake porn. I bet Roger Douglas never thought that would be come a cause when he founded the Party.

    We’re standing up for academic freedom. We’re keeping a watchful eye on bureaucracy for farmers and tradies alike.

    In Government, our Ministers are reforming, reforming, reforming. Brooke is taking on our calcified Health and Safety.laws and the hoary old Holidays Act.

    Nicole is finally delivering a rational approach to firearms law even as she changes the courts to speed up the clogged system.

    Karen is turning the department that failed her so deeply and personally into an effective protector of those who came after her.

    Andrew is standing up for the property rights of farmers when he defends New Zealand’s biosecurity.

    Simon is the unsung hero of this Government, because delivering resource management law based on property rights will do more for the people who live in this country than any other reform this term.

    Of course, the Party’s also bringing back charter schools, opening up overseas investment, saving the taxpayer billions, bringing Pharmac into the 21st century, slashing red tape, and legislating the Regulatory Standards Bill so for the first time our property rights will be in law. We’ve been busy.

    Some people have helped ACT in more creative, unexpected ways. When the female pro dancers first met for the 2018 season of Dancing with the Stars, they all agreed on one thing. Nobody wanted to be paired with ‘that guy’. It was a guaranteed ticket home on the first elimination.

    Even my own family came to opening night. They thought it would be their only chance, and I might need consolation after the show.

    If I’d had any partner except Amelia McGregor, they would have been right. But we ended up campaigning as much as dancing. We took on the bullies and fought for the downtrodden, the overlooked, and the physically uncoordinated up and down New Zealand!

    The kindest thing the judges said is that I proved absolutely anyone can dance.

    I think that’s what our tireless minority has proven over the years. With quiet determination we can change our future, and the future course of this country. Anyone can dance.

    That’s why we stand for the farmers, the landlords, the licensed firearm owners, the free speech advocates, the small business owners, and the ethnic and religious minorities. Everyone has the right to live free in the country, because anyone can dance.

    Why New Zealand needs more of a movement like ours

    Now, this must all sound very nostalgic. If our opponents have listened this far, they’re probably hoping I’m building up to a retirement.

    I’ve talked about how we got to today because it’s worth pausing and looking back. It’s essential to acknowledge and thank the many people who got us this far. We should, as our stalwart member Vince Ashworth says, foster a culture of appreciation.

    That said, I’m not going anywhere but ahead.  Sorry Labour, ACT remains your worst nightmare, and New Zealand’s best hope.

    Nearly every single press release, fundraising email, talking point from Labour lately has been about how dangerous David Seymour is. I get so much free accommodation living in Willie Jackson’s head, I might need to declare it to Parliament’s register of interests.

    To Labour, yes I am dangerous, but only to you and your batty outriders. What’s more your strategy of directing more attention to ACT will backfire.

    To paraphrase Br’er Rabbit, we’re born and bred under political pressure. When you put the spotlight on ACT, you show people the party and the attitude this country needs.

    We can be down and out, through wicked old days, and rise again.

    We’ve been able to do it because we have something you can never take away, our philosophy. Our core beliefs are the beliefs that founded this country.

    Wave after wave of migrants have taken huge risks to give their children a better life on these islands.

    We are a nation of pioneers united in the belief that things can get better, no matter how hard they seem there is always hope.

    We don’t discriminate against each other, based on things we can’t change about ourselves. We only discriminate based on the choices we do make. Human freedom, and personal responsibility under the law.

    We know the world is unpredictable, and the only path to success is letting a thousand flowers bloom, looking for success that we can push up, instead of pull down.

    Our opponents are a Labour Party best described as lost. There is a Green Party that barely talks about the environment. There is the extraordinary spectre of a race-based party that increasingly threatens violence against its opponents, tolerated by the media.

    What unites them is a poverty of spirit. The idea that other people’s success is not an example of what’s possible, but somehow the source of their supporters’ problems.

    They traffic in the idolisation of envy, and even if they manage to sell it, it still won’t work.

    ACT on the other hand, and our celebration today, shows that anyone can dance. Yes our country faces problems, but ACT knows how to overcome them.

    It starts with belief. When seemed easiest to give up, you may find you were really just turning the corner. Today there are too many Kiwis leaving, and not enough believing.

    I believe New Zealand remains a good bet. We have no excuses for not creating a great country, but it’s the culture that matters. The real culture war today is not about which bathroom you go to, it is about whether we are here to push people up or pull them down.

    Can we move past the dark underbelly of tall poppy, and celebrate the achievements of Sheppard, Rutherford, Ngata and Hillary, with many more to come?

    We have to believe life is a positive sum game, that win-wins are possible if we treat each other with mutual respect and dignity.

    We can become a kind of Athens of the modern world, a place where creative people are welcomed to move and invest, joining people already here who fundamentally believe the point of our country is to make success possible.

    Every policy should be measured against the simple test, will this create the environment for New Zealanders to solve problems and make tomorrow better than today. It’s what we used to call, progressive. It used to be an idea owned by the left, but today they are far too busy tearing people down and putting them in boxes, virtue signaling, categorising, and otherwise discriminating.

    If there’s any party that can offer the values and the grit to take this country out of the doldrums and constant ‘meh’ that befalls New Zealand today, it’s the party that’s had to overcome the great Kiwi knocking machine from palliative care to the centre of Government.

    That effort would not have been possible without the people in this room and beyond who believed in us when no-one else would, because they believe in the Party’s ideas.

    Thank you for getting us to this milestone, and buckle yourselves in because in Hillary terms, today is only base camp.

    MIL OSI New Zealand News –

    June 2, 2025
  • MIL-Evening Report: ER Report: A Roundup of Significant Articles on EveningReport.nz for June 2, 2025

    ER Report: Here is a summary of significant articles published on EveningReport.nz on June 2, 2025.

    Your smartphone is a parasite, according to evolution
    Source: The Conversation (Au and NZ) – By Rachael L. Brown, Director of the Centre for Philosophy of the Sciences and Associate Professor of Philosophy, Australian National University vchal/shutterstock, The Conversation Head lice, fleas and tapeworms have been humanity’s companions throughout our evolutionary history. Yet, the greatest parasite of the modern age is no blood-sucking

    As the NRL edges into Darwin, does the AFL need to be more proactive in the NT?
    Source: The Conversation (Au and NZ) – By Tim Harcourt, Industry Professor and Chief Economist, University of Technology Sydney The Northern Territory government recently announced the Dolphins, the NRL’s newest team that entered the league in 2023, would play a home game at TIO Stadium in Darwin every year from 2026 to 2028. The Dolphins

    What is populism?
    Source: The Conversation (Au and NZ) – By Benjamin Moffitt, Senior Lecturer in Politics and International Relations, Monash University In 2017, in the wake of Brexit and Donald Trump’s first election win, populism was named the “word of the year” by Cambridge University Press. Almost a decade later, we might have thought the term’s popularity

    Bougainville wants independence. China’s support for a controversial mine could pave the way
    Source: The Conversation (Au and NZ) – By Anna-Karina Hermkens, Senior Lecturer and Researcher, Anthropology, Macquarie University Bougainville, an autonomous archipelago currently part of Papua New Guinea, is determined to become the world’s newest country. To support this process, it’s offering foreign investors access to a long-shuttered copper and gold mine. Formerly owned by the

    Australia’s plan to protect its trade in war is flawed. We can’t do it with nuclear submarines
    Source: The Conversation (Au and NZ) – By Albert Palazzo, Adjunct Professor in the School of Humanities and Social Sciences at UNSW Canberra, UNSW Sydney If war breaks out someday between the United States and China, one of the major concerns for Australia is the impact on its trade. Our trade routes are long and

    Three years after the Jenkins report, there is still work to be done on improving parliament culture
    Source: The Conversation (Au and NZ) – By Maria Maley, Senior Lecturer in Politics, School of Politics and International Relations, Australian National University Three and a half years ago, then-sex discrimination commissioner Kate Jenkins’ Set the Standard report was handed to federal parliament, commissioned after Brittany Higgins’ allegations of sexual assault in Parliament House, which

    Police aren’t properly trained for mental health crises – but they’re often the first responders. Here’s what works better
    Source: The Conversation (Au and NZ) – By Panos Karanikolas, Research officer, Melbourne Social Equity Institute, The University of Melbourne Rosie Marinelli/Shutterstock In an emergency, police are often the first called to the scene. But they are rarely equipped to deal with complex mental health crises. Following recent parliamentary inquiries and royal commissions there has

    These 5 roadblocks are standing in the way of energy-efficient homes
    Source: The Conversation (Au and NZ) – By Jaime Comber, Senior Research Consultant in Energy Futures, University of Technology Sydney Westend61, GettyImages We all want homes that keep us warm in winter and cool in summer, without breaking the bank. However, Australian homes built before 2003 have a low average energy rating of 1.8 stars

    With interest rates on the way down, could house prices boom? Here’s what research suggests
    Source: The Conversation (Au and NZ) – By James Graham, Senior Lecturer in Economics, University of Sydney Jenny Evans/Stringer/Getty With the Reserve Bank of Australia easing monetary policy, interest rates are on the way down. Already this year, mortgage pre-approvals had begun to rise, suggesting many aspiring home buyers are excited by the prospect of

    Scandalous mormons, dystopian Buenos Aires and Nicolas Cage down under: what to watch in June
    Source: The Conversation (Au and NZ) – By Claudia Sandberg, Senior Lecturer, Technology in Culture and Society, The University of Melbourne As we head into a new month of streaming, here’s a fresh wave of TV ready to challenge, transport and entertain you. This month’s picks span genre and geography, from an eerie dystopian Buenos

    How Israel manufactured a looting crisis to cover up its Gaza famine
    By Muhammad Shehada Since the onset of its genocide, Israel has persistently pushed a narrative that the famine devastating Gaza is not of its own making, but the result of “Hamas looting aid”. This claim, repeated across mainstream media and parroted by officials, has been used to deflect responsibility for what many human rights experts

    PNG faces deadline for fixing issues with money laundering and terrorist financing
    ANALYSIS: By Scott Waide, RNZ Pacific PNG correspondent Papua New Guinea has five months remaining to fix its anti-money laundering and counter-terrorist financing (AML/CTF) systems or face the severe repercussions of being placed on the Financial Action Task Force’s (FATF) “grey list”. The FATF has imposed an October 2025 deadline, and the government is scrambling

    Phil Goff: Israel doesn’t care how many innocent people, children it’s killing
    COMMENTARY: By Phil Goff “What we are doing in Gaza now is a war of devastation: indiscriminate, limitless, cruel and criminal killing of civilians. It’s the result of government policy — knowingly, evilly, maliciously, irresponsibly dictated.” This statement was made not by a foreign or liberal critic of Israel but by the former Prime Minister

    MIL OSI Analysis – EveningReport.nz –

    June 2, 2025
  • MIL-OSI New Zealand: Discipline pays off with interest rate relief

    Source: ACT Party

    Welcoming the Reserve Bank’s decision to cut the Official Cash Rate by another 0.25% points, ACT Leader David Seymour says:

    “New Zealanders’ hard work and the Government’s focus on fiscal discipline are paying off.

    “Another rate cut is real relief for firms, farms, and families. Households with a $500,000 mortgage can expect to save around $100 a month, money that can go toward groceries, power bills, or building a better future.

    “By finding savings and prioritising spending carefully, like we’ve seen in Budget 2025, the Coalition Government has got inflation under control, making room for the Reserve Bank to ease pressure on borrowers.

    “Our best hope for continued relief is in ACT’s push to cut bureaucracy, eliminate inefficient programs, and unwind red tape. We must stay the course, so Kiwis can keep more of what they earn, and invest in the things that matter to themselves and their loved ones.”

    MIL OSI New Zealand News –

    June 2, 2025
  • MIL-OSI Banking: Odyssey Unveiled 2025: The First-Ever Hybrid Event To Bring Together Odyssey Fans From Around the World

    Source: Samsung

    ▲ A first-of-its-kind hybrid event for the global Odyssey community will be held at Samsung KX, London, on June 13, featuring a live stream on the Odyssey Twitch channel.
     
    Samsung Electronics has announced Odyssey Unveiled 2025, the first-ever hybrid Odyssey event that brings together Odyssey fans at an in-person experience zone with those joining worldwide via a live online broadcast on the Odyssey Twitch channel. This event, to be hosted at Samsung KX, London, on June 13, will offer a unique opportunity for gaming enthusiasts worldwide to connect, compete and experience the next generation of immersive gaming displays – either in-person or online.
     
    
    ▲ Odyssey Unveiled 2025: Official Teaser
     
     
    Meet the Stars: Hosts, Streamers, and the Ultimate Gaming Face-Off

     
    Odyssey Unveiled 2025 will feature high-profile streamers and influencers, maximizing engagement both onsite and online. UK-based host Dan Gaskin will guide the evening, alongside celebrated streamers Caedrel and George Clarkey.
     

    Dan Gaskin: An award-winning esports commentator will serve as the event host, providing live commentary and updates on the action for both in-person and online audiences.
    Caedrel: One of the most renowned streamers within the League of Legends community, Caedrel will showcase The First Berserker: Khazan and Rocket League.
    George Clarkey: The popular influencer and co-host of an award-winning podcast The Useless Hotline, will demo the gaming lineup.

     
    The program features two main 1:1 game showdowns:
     

    On the 27-inch Odyssey 3D (G90XF), Caedrel and George Clarkey will demonstrate the immersive 3D experience of the monitor in the impressive and challenging soulslike game, The First Berserker: Khazan.
    On the 27-inch 4K 240Hz Odyssey OLED G8 (G81SF), the two streamers will play Rocket League against each other, before opening the competition up to play against one attendee.

     
    Both matches will be streamed live, with interactive elements and prizes for in-person and online viewers.
     
     
    Immersive In-person Experience Zone
    Onsite attendees can explore two dedicated gaming zones:
     

    The Odyssey Box: An open experience zone and streaming area featuring Odyssey 3D, where visitors can capture and share their favorite moments.
    The Gaming Bus & Bus Stop: Hands-on trials of Odyssey 3D and OLED G8 monitors, with opportunities to play featured games and meet influencers.

     
    Samsung will offer branded giveaways and exclusive merchandise during the event, creating memorable experiences for participants both in-person and online. Highlight reels and behind-the-scenes footage will later become available on Samsung’s social media accounts to further immerse those tuning in to the exciting action taking place in London.
     
     
    Join the Odyssey: Watch, Play, and Win
    Whether onsite at Samsung KX or joining the Odyssey Twitch stream, fans will be at the forefront of a new era in gaming display experiences.
     
    To be part of this groundbreaking event, tune in via Twitch on June 13 at 19:00 BST / 14:00 EST —or follow #OdysseyUnveiled2025 on social channels for updates, highlights and exclusive giveaways.
     

     
    For more information visit the official Samsung Odyssey Twitch website.

    MIL OSI Global Banks –

    June 2, 2025
  • MIL-OSI Banking: [Interview] Lines That Find Than Define: Kun-Yong Lee x Samsung Art Store

    Source: Samsung

    “Bodyscape was inspired by a line my child left on the wall as she fell.”
    — Kun-Yong Lee, contemporary artist
     
    Should art make you think or feel? Is beauty created or discovered? These questions do not have easy answers. But for decades, artist Kun-Yong Lee has explored them head-on — quite literally with his body — in pursuit of an art that anyone can experience.
     
    Starting today, June 2, a curated selection of 15 pieces from Lee’s works will be available on Samsung Art Store.1 Samsung Art Store is an art subscription service available on Samsung Art TVs including The Frame and QLEDs. Currently available in 117 countries around the world, Samsung Art Store offers over 3,500 pieces of art in 4K resolution from over 70 partners. To mark the occasion, Samsung Newsroom spoke with Lee about his artistic philosophy and what inspired this collaboration with Samsung.
     

    Widely regarded as a major figure in contemporary Korean art, Lee has been at the forefront of the Korean avant-garde movement. He began gaining international recognition in the 1970s with notable appearances at the 8th Paris Biennale in 1973 and the 15th São Paulo Biennale in 1979. Over the years, he has been honored with numerous accolades such as the Grand Prize at the Lisbon International Show in 1979, the 8th Lee In-Sung Art Award in 2007 and the Order of Cultural Merit (Silver Crown) in 2022. Spanning drawing, painting, photography, installation and performance, Lee’s expansive practice explores the dynamic relationships between the body, the medium and the audience.

     
    ▲ “Bodyscape 76-3” (2022, Kun-Yong Lee)
     
     
    The Sensory Nature of Art
    Q: You are well known for your “Bodyscape” series. What roles do the body and movement play in your art?
     
    The “Bodyscape” series was inspired by a moment when my young daughter, just learning to walk, stumbled while holding a crayon and ended up drawing a line on the wall as she fell. That moment sparked the idea that a work of art could be created without any intention to express a specific concept — simply by allowing the body to move naturally, without even looking at the canvas.
     
    French philosopher Maurice Merleau-Ponty argued that knowledge comes from sensory experience, not abstract reasoning. Similarly, Austrian linguistic philosopher Ludwig Wittgenstein once said, “Whereof one cannot speak, thereof one must be silent”— critiquing the limits of philosophy grounded in conceptual language. I resonate with the idea that meaning arises not from language or rational thought but from the movement and sensation of the body. Artistic expression, then, is not merely a product of conscious intent — it is a way for the body to directly construct and respond to the world.
     
    ▲ Lee often positions himself behind the canvas or turns his back to it during his creative process.
     
    That’s where my work diverges from traditional painting techniques. I dip my body or brush into paint and stretch my arms as far as they reach, adding line over line. Sometimes, I intentionally turn my back to the canvas. While traditional painting reflects what the artist consciously envisions, my work is shaped by the natural lines that emerge through repeated motion — lines defined by the structure and limited range of movement of my body.
     
     
    Q: Your work often involves interacting with the audience. How does this interaction influence your art?
     
    I’ve been involved in performance art since I was young. Audience interaction is essential, as performance is a medium that cannot exist without a live audience. When viewers watch the artist’s actions, they begin to wonder what the artist is doing or what will happen next. Every word spoken by the artist and every reaction from the audience become integral parts of the work itself.
     
    “Art encourages us to see the world with greater curiosity — ultimately helping us lead more fulfilling lives.”
     
    Q: What are your favorite pieces?
     
    Among the “Bodyscape” series, I’m most partial to “Bodyscape 76-1,” “Bodyscape 76-2” and “Bodyscape 76-3.”
     
    ▲ (From left) “Bodyscape 76-1” (2022) and “Bodyscape 76-2” (2022)
     
    “Bodyscape 76-1” and “Bodyscape 76-2” were created using methods entirely different from traditional painting. For “Bodyscape 76-1,” I stood behind a canvas roughly the height of my body and painted from behind and above — extending only my hands to draw lines. For “Bodyscape 76-2,” I painted with my back turned to the canvas. A new world emerged from a context where I couldn’t see what I was painting.
     
    “Artistic expression is not merely a product of conscious intent — it is a way for the body to directly construct and respond to the world.”
     
    “Bodyscape 76-3” represents an artistic world created solely through the movement of my left and right arms. Like “Bodyscape 76-2,” I stood in front of the canvas but did not face it directly. I positioned myself sideways and extended my right arm as far as it could reach to paint a line, then repeated the motion with my left. There was no fixed reference point — I simply painted within the limits of my reach. The curves drawn by each hand met at the bottom and crossed at the top, forming a heart-like shape. But I wasn’t intentionally drawing a heart — rather, I let the lines created by my body’s movement emerge naturally and accepted them as a central part of the artwork.
     
    ▲ Lee poses in front of “Bodyscape 76-2+3-2022” shown on a 114-inch Samsung MICRO LED at Art Basel Hong Kong 2025.
     
    Corporeality is the most essential aspect of my work. This aligns with Merleau-Ponty’s idea that the body is a living subject of perception. Because this sense of corporeality is more apparent in the process than in the final result, I encourage first-time viewers to observe how the work is created.
     
     
    Engaging the Public Through the Language of Art
    Q: How do you define art?
     
    Art shouldn’t belong exclusively to artists — anyone can enjoy, imitate and experience it.
     
    “Audience interaction is essential, as performance cannot exist without an audience.”
     
    In 2022, I experimented with digital interaction through a project titled “Digital Bodyscape 76-3.” Visitors could choose their preferred colors and styles, and an avatar of myself would create a digital version of “Bodyscape 76-3.”
     
    At the 14th Gwangju Biennale in 2023, I invited visitors to experience “Bodyscape 76-3” by drawing lines with their own two arms in the exhibition hall. From young children to grandparents, anyone with a crayon could create a piece of art. There’s a deep sense of fulfillment when people see work they’ve made themselves. I would love to have more opportunities like this in the future —where technology not only deepens communication between artists and audiences, but also invites art lovers to take part in the process.
     
    Q: What is the role of art in society?
     
    In today’s fast-paced and demanding world, art offers us a chance to appreciate what we often take for granted, to find meaning in the process rather than just the outcome and to slow down and reflect. Art encourages us to see the world with greater curiosity — ultimately helping us lead more fulfilling lives.
     
    ▲ Unfazed by passing trends, Lee shared that “had to wait until his 80s to be acquire worldwide recognition” and is “grateful to his fan number one — his spouse — for bearing the times with him.”.
     
     
    Samsung Art Store: Pushing the Boundaries of Art Experience
    Q: Do you think experiential works can be effectively conveyed through a digital platform like Samsung Art Store?
     
    Being able to conveniently view artworks through a Samsung Art TV is a wonderful opportunity for connection. Sitting comfortably in your living room with a cup of coffee, quietly engaging with an artist’s work — that is a deeply meaningful form of art appreciation. When I saw my work displayed on The Frame at Art Basel Hong Kong, I was truly amazed. In some ways, the emotion and energy of the pieces came through even more vividly than when viewing them in person. That’s the innovation of cutting-edge technology.
     
    “Quietly engaging with an artist’s work over a cup of coffee, at the comfort of your living room sofa — that is a deeply meaningful form of art appreciation.”
     
    What’s more, I believe Samsung Art TVs can overcome the limitations of purely visual artwork. Performance pieces can be experienced with sound and video, while conceptual works can be paired with artist commentary to support deeper understanding. It’s an incredible opportunity for artists. I hope more people will be able to access and enjoy art through Samsung Art Store — an invitation to see the world through an artist’s perspective.
     
    ▲ Lee believes that art is for everyone, not just the artists.
     
     
    Beyond Art: Next Steps
    Q: Do you have any advice you’d like to share with younger artists?
     
    Since I was young, I’ve steadily followed my own path — without hesitation or compromise — and time has brought me to where I am today. Although I often felt skeptical about following trends, which are ever-changing. In the end, what matters most is the passion to pursue your own art.
     
    As artists, I believe it is enough to respond sincerely to the spirit of our time, remain true to the present and not be swayed by passing fads.
     

    Samsung Art Store is an art subscription service available on Samsung Art TVs including The Frame and QLEDs. Currently available in 117 countries around the world, Samsung Art Store offers over 70 partners and 3,500 artworks in 4K quality. Through Samsung Art Store, subscribers can enjoy artworks from world-class galleries and masters at home and use it to create new interiors every day.

     
     
    1 Art Store subscription and Samsung Account required to access full selection of artwork.

    MIL OSI Global Banks –

    June 2, 2025
  • MIL-OSI Russia: Statement by IMF MD Kristalina Georgieva on the Passing of Former IMF FDMD Stanley Fischer

    Source: IMF – News in Russian

    Statement by IMF MD Kristalina Georgieva on the Passing of Former IMF FDMD Stanley Fischer

    June 1, 2025

    Washington, DC: Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement today after news of the death of Mr. Stanley Fischer, former IMF First Deputy Managing Director:

    “We are deeply saddened to learn of the passing of our dear friend Stan Fischer, who among many career achievements, served as the First Deputy Managing Director of the IMF between 1994 and 2001. Stan will be remembered for his enormous influence on the economics profession, first as a leading academic and teacher, then as an accomplished policymaker across many prominent posts. During his time at the IMF, he helped lead the Fund’s response to a number of significant challenges, including the Mexican crisis of 1994 and the 1997 Asian financial crisis. To this day, Stan is deeply admired by Fund staff, management and the membership for his intellectual leadership, personal integrity, and dedication to public service. He believed strongly in the Fund’s core mission, as he put it: ‘to promote principles of good economic citizenship, and provide a forum for countries to discuss issues of mutual interest.’

    “As an academic at the University of Chicago and MIT, Stan’s research had a profound effect on the field of macroeconomics, becoming a leading figure in the New Keynesian movement. Stan taught, mentored and influenced many leading policymakers and thought leaders. During his extraordinary policymaking career, he served as Chief Economist of the World Bank before becoming First Deputy Managing Director of the IMF. From 2005 until 2013, he served as Governor of the Bank of Israel, helping to steer the Israeli economy through the global financial crisis. He then became Vice-Chair of the Board of Governors of the Federal Reserve System in 2014, serving in that role until 2017. As a central banker, he was a staunch proponent of inflation targeting frameworks, transparency, and central bank independence.

    “On behalf of the IMF, I extend my deepest condolences to Mr. Fischer’s three children Michael, David and Jonathan and their families. Stan led a life of exemplary public service, matched only by his innate goodness as a colleague, friend and human being.”

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Brian Walker

    Phone: +1 202 623-7100Email: MEDIA@IMF.org

    @IMFSpokesperson

    https://www.imf.org/en/News/Articles/2025/06/01/pr-25169-statement-by-imf-md-kristalina-georgieva-on-the-passing-of-former-imf-fdmd-stanley-fischer

    MIL OSI

    MIL OSI Russia News –

    June 2, 2025
  • MIL-Evening Report: With interest rates on the way down, could house prices boom? Here’s what research suggests

    Source: The Conversation (Au and NZ) – By James Graham, Senior Lecturer in Economics, University of Sydney

    Jenny Evans/Stringer/Getty

    With the Reserve Bank of Australia easing monetary policy, interest rates are on the way down.

    Already this year, mortgage pre-approvals had begun to rise, suggesting many aspiring home buyers are excited by the prospect of cheaper home loans.

    With further cuts expected before the end of the year, some economists are predicting we could be on the cusp of another house price boom. Lower interest rates enable people to borrow more and potentially spend more on homes, bidding up prices.

    So, how might the Reserve Bank’s actions affect home buying behaviour and the housing market more broadly? Research offers us some clues.

    How rates affect prices

    Research shows that when a central bank lowers its benchmark interest rate, mortgage interest rates usually follow suit.

    We saw this following the Reserve Bank’s May decision to cut rates. Australia’s big four banks immediately announced similar reductions in rates for new and existing borrowers.

    Lower rates reduce the cost of servicing a loan. This is a big deal for Australian home buyers, whose mortgages can be very large.

    With the average house price in Australia now hitting about $1 million, an 80% loan saddles the typical home buyer with $800,000 in debt.

    Back in March, the average interest rate on new mortgages was 6%. For the average million-dollar house, this implies a monthly repayment of around $4,796, using the standard formula for amortising loans.

    After the Reserve Bank cut the cash rate by 0.25 percentage points, this implies a new monthly repayment of $4,669 – $127 less. That’s a small, but surely welcome, relief for mortgage holders.

    Combined with the Reserve Bank’s prior rate cut in February, such borrowers are now saving more than $250 a month relative to the start of the year.

    Everyone can borrow more

    Lower rates can also improve the borrowing capacity of new home buyers.

    Before a bank issues a new mortgage, it weighs the ability of a borrower to service the loan. It does this by considering the amount of income they’ll have left over after meeting typical expenses.

    This is known as a borrower’s “net income surplus”, and the proportion of this that is used to service a loan is known as the “net surplus ratio”.

    The maximum ratio is capped at 90%, but the typical mortgage is lent against a ratio of less than 70%.

    If a household earns $100,000 per year and allocates 25% to expenses, it can afford $4,375 in monthly mortgage repayments at a 70% net surplus ratio.

    Given the previous interest rate of 6%, this maximum monthly repayment implies the household can afford to borrow $680,000. But after a 0.25 percentage point rate cut, this household can now afford a $695,000 home loan.

    And following the 0.50 percentage points of cuts we’ve seen since January, this household’s borrowing capacity is up by $30,000.

    Pulling up the ladder

    For an individual home buyer, this extra borrowing may be enough to secure that dream home. But the rate cut affects everyone at the same time, increasing the borrowing capacity of home buyers all over the country.

    All of this extra mortgage credit feeds housing demand, which is likely to pour more fuel into an already overheated market.

    Indeed, recent research indicates that a 0.25 percentage point cut in the cash rate will likely lead to a 1.5–2% increase in average house prices over the following one to two years.

    That’s an extra $20,000 on the current $1 million average home value.

    Research also suggests the impact of interest rates across local housing markets may be strongest where housing supply is tightest and houses are already more expensive.

    Mortgages get bigger

    While lower rates reduce the cost of a given mortgage, the average mortgage size needs to grow to keep up with higher prices.

    Recall that the monthly payment associated with an 80% loan on a million-dollar home at 6% interest was $4,796. If the interest rate falls by 0.25 percentage points but house prices rise by 2%, the new monthly payment is little changed, at $4,762.

    On top of this, the 20% down payment on that new home will now have increased – by $4,000.

    Rate cuts increase borrowing power, but this can put upward pressure on house prices.
    myphotobank.com.au/Shutterstock

    Is there hope for first home buyers?

    Despite the initial excitement of lower rates, aspiring home buyers may be disappointed to see the price of their dream home climb further out of reach. Some may end up no better off than they had been previously.

    Others might try to snap up a home before lower rates are completely priced in – motivated by a fear-of-missing-out (FOMO). Research suggests it can take a year or more before house prices peak following a rate change.

    And others still may decide to keep renting for the time being. Fortunately for them, recent research shows that changes in interest rates do not materially affect the rents that landlords charge their tenants.

    Finally, one option is holding savings in the stock market while they wait, perhaps diversified via exchange-traded funds, as these assets usually rise in value following an interest rate cut.

    It’s never a good idea to panic. It’s always important to think through your options before diving into the market. And remember, our discussion here is only for general information and is not intended to be financial advice. All investments carry risk.

    James Graham has received research funding from the Australian Housing and Urban Research Institute and is a member of Sydney YIMBY.

    – ref. With interest rates on the way down, could house prices boom? Here’s what research suggests – https://theconversation.com/with-interest-rates-on-the-way-down-could-house-prices-boom-heres-what-research-suggests-257724

    MIL OSI Analysis – EveningReport.nz –

    June 2, 2025
  • MIL-Evening Report: These 5 roadblocks are standing in the way of energy-efficient homes

    Source: The Conversation (Au and NZ) – By Jaime Comber, Senior Research Consultant in Energy Futures, University of Technology Sydney

    Westend61, GettyImages

    We all want homes that keep us warm in winter and cool in summer, without breaking the bank. However, Australian homes built before 2003 have a low average energy rating of 1.8 stars out of 10. This means they’re often uncomfortable to live in and expensive to run.

    There’s a strong case for a “renovation wave” of home energy upgrades across Australia. Reducing the use of fossil gas and improving the energy efficiency of existing housing by nearly 50% is also central to achieving net zero emissions by 2050.

    Energy-saving upgrades such as solar panels, batteries, insulation, draught-proofing and hot water heat pumps also reduce the cost of energy bills. So while there’s an upfront cost, upgrades can reduce household expenses in the long run.

    We wanted to find out what’s holding people back from getting energy-saving upgrades. We surveyed 100 Australian households and interviewed 19 people about their experiences. Our new research revealed five major barriers that stop these upgrades from being accessible to most households. Suppliers, governments and community organisations can all help overcome these barriers.

    Embarking on home energy upgrades can be an emotional rollercoaster ride.
    RACE for 2030

    1. Information about upgrades is confusing and overwhelming

    Households told us the amount of information out there about energy saving upgrades is overwhelming and sometimes conflicting. There are many different types of upgrades and product choices, making it challenging to identify which options provide the best value and what to do first. People found it difficult to know what information and which suppliers to trust.

    Households need clear information from a trusted source about what their homes need. Many governments internationally, such as Scotland, provide online resources and tools to provide tailored advice to help with this.

    Energy upgrade programs run by neutral community organisations and councils can also help, such as Rewiring Australia’s Electrify 2515 or Geelong Sustainability’s Electric Homes Program. These programs use their expertise to vet suppliers and ensure households receive good deals and high quality products.

    2. Homes need to engage multiple suppliers and tradespeople

    Many households worked on their home gradually, one upgrade at a time. Each upgrade involved a labour-intensive process of researching products, selecting companies, getting quotes and managing the disruptions caused by the installation. One Sydney homeowner told us:

    The process of needing both a plumber and an electrician to change to induction cooking was frustrating. [We had to] to coordinate availability times and appliance delivery.

    Australians need companies that can do multiple upgrades at once, to simplify and streamline the process. In Ireland, the government helped stimulate a market for organisations that can cover all the upgrades needed by a household.

    Ireland has “One Stop Shops” for home energy upgrades (Sustainable Energy Authority of Ireland)

    3. Households are losing opportunities for straightforward upgrades

    Every year, Australians invest billions in home renovations. They spent more than A$3 billion in the December 2024 quarter alone.

    One of the best times to improve your home is during major renovations or when old appliances, such as hot water systems, break down. If you’re already facing disruptions and need to spend money, it can be an easy and more cost-effective way to increase your home’s energy efficiency at the same time.

    Yet our research found advice on energy-saving upgrades was rarely provided to people undertaking major renovations or emergency replacements unless they asked for it. Households needed to seek out builders, architects and tradespeople who specialised in sustainability to get advice on an energy-saving renovation.

    Providing energy upgrades to homes should be a standard component of modern renovations. Otherwise, households are missing out on easy and more affordable opportunities to get these upgrades.

    4. Many tradespeople lack knowledge of energy-saving upgrades

    Our research found tradespeople are the most common point of contact for households. They can be a valuable source of information and advice to facilitate upgrades. However, many households reported difficulty finding tradespeople knowledgeable about – and willing to install – energy-saving upgrades.

    Some upgrades, such as solar panels, require specialised workforces. Others, such as hot water heat pumps are usually installed by regular plumbers and electricians.

    Some tradespeople lack the knowledge to advise on energy-saving upgrades or need training to install new technologies to a high standard. This situation leaves households vulnerable to misinformation, with a shortage of skilled workers to do their upgrades.

    Tradespeople require increased support and incentives to make energy-saving measures part of their skill set. This is especially true in regional areas, where there are fewer products and workers available.

    5. The costs are too high for many households

    A final, significant barrier was the cost of home upgrades, which often caused households to drop out early in the process. Australian households, particularly those with less disposable income, need more help with the upfront cost.

    One way to do this is through targeted government rebates, which are currently only available in some regions. Another is affordable and accessible financing, like that available in Tasmania and the ACT. The national Home Energy Upgrades Fund could also be extended to make sure available finance matches the scale of the challenge.

    Also needed are long-term reforms such as mandatory disclosure of energy performance when homes are sold and minimum energy standards for rental properties, which are currently only required in some jurisdictions in Australia. When these are both addressed we can make comfortable, and affordable homes the norm rather than the exception.

    Keeping warm in winter and cool in summer is the number one motivation for energy saving upgrades.
    RACE for 2030

    A worthwhile journey

    Roadblocks aside, households also shared the joy and satisfaction of completing home energy upgrades. While the journey was often difficult, those who reached the end of the road were overwhelmingly pleased with the results. A homeowner who had installed solar panels and undertaken draught-proofing and insulation in Adelaide said:

    It’s nice not to have huge electricity bills, and but I find it’s that day to day stuff of actually being comfortable that makes the biggest difference.

    This research was undertaken by Jaime Comber, Kamyar Soleimani, Ed Langham, Nimish Biloria, Leena Thomas and Kerryn Wilmot from the University of Technology, Sydney.

    Jaime Comber received funding for this research as part of the Energy Upgrades for Australian Homes (EUAH) initiative – a national collaboration between research, industry and government partners to enable scalable, community-led energy upgrades. EUAH is funded through the RACE for 2030 cooperative research centre, which includes contributions from the NSW Government, Government of South Australia and Knauf Insulation. The project is led by Climate-KIC Australia and Monash University.

    Ed Langham undertakes contract research for government, community and consumer advocates, and the clean energy industry. This research was funded as part of the RACE for 2030 Cooperative Research Centre’s Energy Upgrades for Australian Homes project, which is co-funded by Australian Government, NSW Government, Government of South Australia and Knauf Insulation. Ed is also affiliated with Schumacher Institute for Sustainable Systems, based in the UK.

    Nimish Biloria receives funding through the RACE for 2030 Cooperative Research Centre. This research was undertaken as part of the Energy Upgrades for Australian Homes initiative, which is funded in part by the NSW Government, the Government of South Australia, and Knauf Insulation. Before this, Nimish Biloria has received funding from various governmental bodies, not-for-profit organizations, and the Industry such as the Department of Industry, Innovation and Science, Australian Renewable Energy Agency (ARENA), City of Sydney, AusIndustry Smart Cities and Suburbs Program, Transport for New South Wales, Commonwealth Bank of Australia, Leigh Place Aged Care, Sydney, NSW, HMI Technologies.

    – ref. These 5 roadblocks are standing in the way of energy-efficient homes – https://theconversation.com/these-5-roadblocks-are-standing-in-the-way-of-energy-efficient-homes-256906

    MIL OSI Analysis – EveningReport.nz –

    June 2, 2025
  • MIL-OSI United Kingdom: UK-Morocco Joint Communiqué: Strategic Dialogue 2025

    Source: United Kingdom – Executive Government & Departments

    Press release

    UK-Morocco Joint Communiqué: Strategic Dialogue 2025

    The Kingdom of Morocco and the United Kingdom enter an Enhanced Strategic Partnership and sign a series of agreements driving mutual growth and security.

    The Minister of Foreign Affairs, African Cooperation and Moroccan Expatriates, Mr. Nasser Bourita received the Secretary of State for Foreign, Commonwealth and Development Affairs of the United Kingdom of Great Britain and Northern Ireland, The Rt Hon David Lammy MP, in Rabat on 1st June 2025. Mr. Bourita and The Rt Hon David Lammy co-chaired, on this occasion, the 5th session of the Morocco-UK Strategic Dialogue. Following productive talks between the two Ministers, the Kingdom of Morocco and the United Kingdom of Great Britain and Northern Ireland have secured a historic agreement to enhance their bilateral relationship.

    A historic partnership between two Kingdoms rooted in shared values

    1. The Kingdom of Morocco and the United Kingdom of Great Britain and Northern Ireland are bound by one of the world’s oldest diplomatic relationships, dating back over 800 years. From the first recorded contact between both Crowns, in the early 13th century, to present day exchanges, the longstanding and enduring ties between Moroccan and British Sovereigns have formed the bedrock of this unique alliance.

    2. Their Majesties King Mohammed VI and King Charles III continue to anchor Moroccan-United Kingdom ties. Their leadership has continuously fostered the stability and high-level commitment necessary to develop an ambitious, forward-looking strategic partnership.

    3. The privileged ties between both Kingdoms rest on a solid foundation of shared values and converging interests. From the Treaty of Peace and Commerce, signed over 300 years ago, to the UK-Morocco Association Agreement, which passed into effect in 2021, trade and economic cooperation continue to grow from strength to strength. People-to-people connections and flourishing cross-cultural exchanges nurture the bonds of friendship and mutual respect that ensure the resilience and growth of this relationship.

    4. Both countries reaffirmed the paramount importance of a rules-based international order and the fundamental principles of the Charter of the United Nations, and their constant position on respect for the territorial integrity and sovereignty of countries, the non-use of force for the settlement of conflicts and their support for the principle of respect for self-determination.

    Securing a Historic Agreement: Ushering in a New Era of Bilateral Relations

    1. Building upon this exceptional shared history and its many bilateral achievements, the Kingdom of Morocco and the United Kingdom of Great Britain and Northern Ireland seek to usher in a new era of comprehensive and genuine strategic partnership. To this effect, both Ministers reaffirmed their mutual commitment to deepening collaboration across all dimensions: political, diplomatic, security, economic, cultural and people-to-people exchanges.

    2. Marking a significant step towards a pioneering partnership fit for the future, the Kingdom of Morocco and the United Kingdom of Great Britain and Northern Ireland reaffirm their shared objectives in the realms of security, conflict resolution, green growth and socio-economic development, for the mutual benefit of their peoples.

    3. The Kingdom of Morocco and the United Kingdom of Great Britain and Northern Ireland pledge to act as partners to jointly address regional and global challenges, and to uphold the principles ​​of peace, security, tolerance, and human rights. In this spirit, the two countries intend to optimize existing bilateral frameworks and adopt an ambitious, enduring roadmap across issues of common interest.

    Western Sahara: Supporting Morocco’s Autonomy Plan

    1. The UK recognises the importance of the question of Western Sahara for the Kingdom of Morocco and follows closely the current positive dynamic on this issue under the leadership of His Majesty King Mohammed VI.

    2. As a Permanent Member of the UN Security Council, the United Kingdom agrees with Morocco on the urgent need to find a resolution to this long-held dispute, which would be in the interest of the parties. The stalled nature of the political process and ongoing conflict prevents the region from realising its full social and economic potential and hampers regional integration, security and development. The time for a resolution and to move this issue forwards is long-overdue, and would strengthen the stability of North Africa and the relaunch of the bilateral dynamic and regional integration.

    3. Both countries support, and consider vital, the central role of the UN-led process to bring the parties together and move the issue forward to achieve a just, lasting and mutually acceptable political solution and reaffirm their full support for the efforts of the UN Secretary-General’s Personal Envoy, Mr. Staffan de Mistura. To this end the UK is ready, willing and committed to lend its active support and engagement to the Personal Envoy and the parties to reach such a solution to this dispute.

    4. In that context the UK, in encouraging the relevant parties to engage, urgently and positively, with the UN-led political process, considers Morocco’s autonomy proposal, submitted in 2007 as the most credible, viable and pragmatic basis for a lasting resolution of the dispute.

    5. The UK and the Kingdom of Morocco expressed their shared conviction that renewed efforts were urgently needed to support the PESG in the search for a solution, underlying that the only viable and durable solution will be one that is mutually acceptable to the relevant parties, and is arrived at through compromise. They committed themselves to this goal, in the belief that, with goodwill on all sides, a solution could be found very soon. To that end, the UK will continue to act bilaterally, including economically, regionally and internationally in line with this position to support resolution of the conflict.

    6. The two Ministers discussed how to move the question forward, and, in that context, the UK welcomed Morocco’s willingness to engage in good faith with all relevant parties, to expand on details of what autonomy within the Moroccan State could entail for the region, with a view to restarting serious negotiations on terms acceptable to the parties.

    Enhancing bilateral cooperation: strengthening collective security, advancing green growth and deepening people-to-people bonds

    1. The Kingdom of Morocco and the UK agree to strengthen their bilateral cooperation mechanisms, including the Strategic Dialogue, the Association Council, the Security Dialogue and the informal Human Rights Dialogue.

    2. In the field of security, the Kingdom of Morocco and the UK commit to enhanced efforts to address national security concerns. Both parties committed to increased collaboration on counter-terrorism and its root causes, including the return and rehabilitation of foreign terrorist fighters, tackling online radicalisation, counter-unmanned aerial systems (drones), cybersecurity and risks posed by Artificial Intelligence and emerging technologies in particular their potential malicious use, security of critical infrastructure and major international events. Ministers agree that strengthened security cooperation in counterterrorism, illegal migration and serious organised crime will enhance mutual resilience from these threats and that this will be underpinned by an agreed information and intelligence exchange. In this regard, the UK welcomes Morocco’s election as Interpol Vice-President for Africa, reinforcing its role as a key player in both regional and international security efforts.

    3. In the field of Defence, the Kingdom of Morocco and the United Kingdom of Great Britain and Northern Ireland will continue to work together to strengthen their defence cooperation, built upon the foundations of a dynamic programme of activity, agreed at the annual Joint Military Commission.  With both the Kingdom of Morocco and the UK being Atlantic maritime nations, the two countries agreed to look for opportunities to strengthen maritime collaboration. Both sides agreed to deepen Defence industry cooperation and partnership, including investments in industrial projects, leveraging UK Defence industry expertise and resources to deliver cutting-edge capabilities.

    4. On bilateral trade, the Ministers applauded the expansion of economic ties, which reached £4.2 billion in 2024, doubling since the entry into force of the UK-Morocco Association Agreement in 2021. Building on this positive momentum, both parties expect this new partnership to drive further trade growth, create quality jobs and reduce costs for consumers.

    5. The Parties reaffirmed their shared commitment to maintaining and expanding economic ties, paving the way for deeper collaboration and continuity of trade. The UK especially welcomes the support to strengthen public procurement co-operation between the parties.

    6. They acknowledged the importance of intellectual property to the UK’s export economy, and expressed support of efforts to safeguard the Moroccan market from counterfeit and low-quality imitation goods.  In this regard, the two sides agreed to examine the registration of a list of UK geographical indications in Morocco, ensuring the protection of emblematic quality products.

    7. Both parties welcomed the efforts to reach a decision on rules of origin and the progress made on the agricultural review, aimed at improving market access and enhancing trade. Their finalization will mark a major step in strengthening the UK-Morocco Agreement and deepening a fair and mutually beneficial partnership.

    8. Both Ministers recognise the untapped investment potential between the Kingdom of Morocco and the United Kingdom of Great Britain and Northern Ireland, and agree to work together to unlock new investment opportunities. In this context, they commit to establishing a Morocco Business Alliance, driven by the private sector.

    9. Morocco also welcomes UK Export Finance’s £5bn commitment to support new business across the country. The UK and Morocco discussed the coverage of UK Export Finance. The UK can consider supporting projects in Western Sahara subject to meeting UKEF’s due diligence requirements. The UK recognises Morocco as a key gateway to Africa’s socio-economic development and reaffirms its commitment to deepening engagement with Morocco as a partner for growth across the continent.

    10. Regarding the 2030 FIFA World Cup, the UK reiterates its congratulations to Morocco on its successful bid to co-host the tournament. Morocco welcomes the UK Government’s technical support and efforts to promote associated commercial opportunities for UK businesses across the value chain. Both Ministers expressed their commitment to collaborate on priority infrastructure projects ahead of the tournament, including by utilising support from the UK Government, where relevant and jointly agreed, as well as expertise from the UK supply chain.

    11. In the field of water, climate and energy transition, both parties will enhance efforts to unlock green growth projects, remove barriers to clean energy deployment and connectivity, and mobilise climate and sustainable finance, including through the Energy Transition Council, the Breakthrough Agenda, and the Powering Past Coal Alliance. The United Kingdom of Great Britain and Northern Ireland recognises Morocco’s pioneering leadership in renewable energy and sustainable development, and its strategic efforts to become a regional energy and sustainable mining and fuels hub. Both sides commit to work closely on sustainable water management, building on Morocco’s national strategy for water resilience, and jointly encourage broader international financing and political backing for water security and climate action ahead of COP30. The UK welcomes Morocco’s support for, and participation in, the UK-led Clean Power Alliance. Both countries welcome the new collaboration of the UK Met office and Morocco’s Direction Generale de la Meteorologie as a positive example of collaboration on climate and related environmental services.

    12. In the healthcare sector, the Ministers discussed Morocco’s ambitious plans to expand its national capacity and to achieve universal health insurance. Morocco welcomes the UK’s support in advancing this goal, noting agreements between public and private bodies to strengthen partnership across hospital  building, medical equipment supply, and teaching links.

    13. Both parties commit to further deepening their cooperation in education, scientific research, and innovation, including through the promotion of mobility for students, researchers, and faculty, the establishment of co-financing mechanisms for joint research, and the expansion of British university campuses in Morocco. The UK welcomed Morocco’s announcement of automatic recognition of UK higher education qualifications for Moroccan students studying in the UK, as well as its intention to facilitate the establishment of UK higher education institutions and recognise UK degrees delivered in Morocco. Morocco recognises the UK as a partner of choice in its efforts to expand English language education and will match-fund the UK’s current annual investment in British Council pre-service training programmes for English language secondary school teachers and inspectors.

    14. They welcomed the Agreements and Memoranda of Understanding (MOUs) which will give new impetus to the bilateral partnership and deepen collaboration in several areas of common interest including healthcare, water, energy, transport, defence and procurement.

    15. The United Kingdom of Great Britain and Northern Ireland welcomes and is supporting the major reforms undertaken by Morocco, under the leadership of His Majesty King Mohammed VI, for a more open and dynamic society and economy. Both countries note the constructive cooperation between the Bank of England and Bank Al-Maghrib in areas such as cyber security, regulatory alignment, and Central Bank Digital Currency. Both parties will continue to collaborate – alongside relevant multilateral institutions – by sharing expertise and advancing cooperation in financial policy reforms, climate risk, financial stability, and economic diplomacy.

    16. Furthermore, the UK commends the progress achieved by Morocco in the field of human rights under the leadership of His Majesty King Mohammed VI, both at the national level and on the international stage. The UK congratulated Morocco on its successful presidency of the United Nation’s Human Rights Council in 2024, and both Ministers welcomed Morocco’s participation at the UK’s Wilton Park Conference on Women’s Political Empowerment in January 2025. They also welcomed the second UK-Morocco Informal Dialogue on Human Rights, held in Rabat on 30 April 2024, during which the two countries discussed areas of mutual interest, including freedom of expression, empowerment of women, media freedom, and judicial reforms. Both parties reaffirmed their commitment to empowering women and girls across all areas of bilateral cooperation and confirmed their intention to hold a third session of the dialogue before the end of 2025 in London.

    17. Both parties welcome the burgeoning cultural and sport exchange, and the people-to-people ties that underpin this partnership. Both nations will support emerging cultural spaces and festivals, youth and community engagement, and friendly matches between their national football teams.

    18. The two Ministers celebrated the increase in people-to-people contacts between the two kingdoms. Given the record number of Moroccan and British visitors in both directions, and in line with the strengthening of bilateral relations, they agreed to build on existing visa processes and to make meaningful improvement for visitors from both countries.

    Fostering cooperation on regional and international issues of common interest

    1. The UK regards Morocco as a credible and trusted partner, playing a key role in promoting stability and development at both the regional and international levels.

    2. The UK welcomed Morocco’s efforts through initiatives launched by His Majesty King Mohammed VI to progress peace, stability and socio-economic development in Africa, notably, notably, “the Initiative of the Atlantic African  States Process”; and the “International Royal Initiative to facilitate access for Sahel countries to the Atlantic ocean”. Both parties expressed their concern about security threats in the Sahel region, the proliferation of non-state actors, and reports of multiple human rights violations. Both parties consider that the fight against violent extremist organisations in the Sahel requires a holistic response that includes development, trade and investment and the protection of the civilian population alongside security. Both parties agreed to explore cooperation on these issues in this regard.

    3. With regard to the Middle East, the UK commends the key role played by His Majesty King Mohammed VI as Chairman of the Al-Quds Committee. Both countries reaffirm their shared commitment to advance a comprehensive peace in the region, including by building on our close cooperation to support regional stability. Both sides reiterate their support for a two-State solution, leading to a safe and secure Israel living alongside a sovereign and viable Palestinian state, based on 1967 borders, with Jerusalem as a shared capital.

    In the context of the UK Foreign Secretary’s visit to Morocco, and following the Strategic Dialogue with His Excellency Nasser Bourita, several agreements have been signed to deepen ties between the two kingdoms, driving mutual growth and security.

    The following have been agreed:

    1. 2030 World Cup Government to Government Partnership Agreement, signed between the UK Department of Business and Trade, and Morocco’s Minister Delegate of Budget, to progress UK-Morocco collaboration on critical infrastructure projects ahead of tournament.

    2. Memorandum of Understanding signed between the UK Department for Business and Trade and Morocco’s Ministry of Equipment and Water to strengthen bilateral cooperation on water and ports infrastructure, promoting UK expertise in sustainable water management, smart logistics, and green port technologies.

    3. Agreement between the UK Department for Business and Trade and Morocco’s Ministry of Interior to advance sustainable infrastructure and partnerships between the UK and Moroccan local authorities across several priority sectors, including water management, sustainable waste management, and urban mobility.

    4. Noting the ongoing strength of the UK Morocco Association Agreement, driving record bilateral trade volumes, a Memorandum of Understanding was signed between the UK Department of Business and Trade and Morocco’s Ministry of Industry and Trade to promote procurement co-operation.

    5. A Memorandum of Understanding between the UK and Morocco covering higher education, scientific research, and innovation.

    6. Memorandum of Understanding signed between the UK Department for Business and Trade and Morocco’s Ministry of Health to enable UK private sector engagement to support Morocco’s healthcare transformation programme. confirming comms lines

    7. UK Export Finance Memorandum of Understanding with SGTM to explore opportunities of partnership in Morocco and wider Africa

    8. UK Export Finance, and TAQA Morocco have signed a memorandum of understanding to support TAQA Morocco’s transition to a low-carbon power generation portfolio in line with the sustainable roadmap of the Kingdom of Morocco. This will contribute to give additional access to competitive, innovative and accelerated financial conditions to enhance the Kingdom of Morocco’s competitiveness.

    9. A Memorandum of Understanding on climate collaboration and related environmental services between the UK Met Office and Morocco Meteorological Office

    10. A intent to collaborate with Vicenne to introduce UK digital health solutions to the Moroccan market and support innovation in partnership with the Ministry of Health.

    11. A intent to collaborate with the Mohammed VI Foundation of Health and Science aims to promote UK expertise in medical equipment, hospital design, and academic partnership to support healthcare development in Morocco.

    12. An invitation to the Moroccan Airports Authority to visit the UK and explore partnership opportunities amidst Morocco’s airport transformation plans.

    The following agreements will be agreed and signed in the coming days:

    • A Memorandum of Understanding between UK defence and security trade association ADS Group and the Moroccan Agency of Investment and Export Development to strengthen links between UK and Morocco defence industries.

    • A Memorandum of Understanding between BAE Systems and the National Defence Administration of Morocco and the Moroccan Agency of Investment and Export Development on investment and capability across the defence sector.

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    Updates to this page

    Published 1 June 2025

    MIL OSI United Kingdom –

    June 2, 2025
  • MIL-OSI NGOs: Dozens of Palestinians massacred at US-Israel backed food distribution sites

    Source: Médecins Sans Frontières –

    Jerusalem – Dozens of Palestinians were killed and hundreds more injured today, 1 June, as they waited for food at the newly created Gaza Humanitarian Foundation distribution centres in Rafah and close to the Netzarim Corridor, according to the Ministry of Health. Médecins Sans Frontières/Doctors Without Borders (MSF) teams joined the mass casualty response in Nasser hospital, Khan Younis. Patients told MSF they were shot from all sides by drones, helicopters, boats, tanks and Israeli soldiers on the ground. 

    “Today’s events have shown once again that this new system of aid delivery is dehumanising, dangerous and severely ineffective. It has resulted in deaths and injuries of civilians that could have been prevented. Humanitarian aid must be provided only by humanitarian organisations who have the competence and determination to do it safely and effectively,” states Claire Manera, MSF emergency coordinator.

    MSF teams at Nasser hospital treated patients with serious injuries today. Some patients in critical condition are still undergoing surgery. But with the blood banks almost empty, medical staff themselves have had to donate blood.

    “The hospital corridors were filled with patients, but unlike what I have witnessed before, where most of the patients were women and children, today it was mainly men. They lay in their beds in the hallways because the rooms are already packed with injured people. They had visible gunshot wounds in their limbs, and their clothes were soaked with blood,” says Nour Alsaqa, MSF communications officer. “They looked shattered and distraught after trying to secure food for their children, returning instead injured and empty handed. Outside, there was shouting, sirens, a constant rush of new arrivals to the emergency room. Amid the chaos, we received confirmation that a colleague’s brother had been killed while attempting to collect aid from the distribution centre,” she adds. 

    Mansour Sami Abdi, a father of four, described the chaos: “People fought over five pallets. They told us to take food—then they fired from every direction. I ran 200 metres before realising I’d been shot. This isn’t aid. It’s a lie. Are we supposed to go get food for our kids and die?”

    This is the second time this new system of aid distribution has led to bloodshed. On 27 May, the first afternoon of distribution in Rafah, Israeli forces shot dozens of people as wholly insufficient amounts of basic lifesaving supplies were distributed amid chaos.

    As a result of the total siege that was imposed by the Israeli authorities on 2 March, 100 per cent of Gaza is now at risk of famine, according to the United Nations. Since 19 May, the few hundred food trucks brought in – an insufficient fraction of what is needed – have spread despair among the 2 million plus people who have been largely deprived of food, water, and medication for three months now. Totally or partially blocking humanitarian aid to enter Gaza has aggravated the situation of all Gazans. 

    MSF reinforces that, along with displacement orders and bombing campaigns that kill civilians, weaponising aid in this manner may constitute crimes against humanity. Only a lasting ceasefire and the immediate opening of Gaza’s borders for humanitarian aid – including food, medical supplies, fuel and equipment – can ease this man-made catastrophe.

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    MIL OSI NGO –

    June 2, 2025
  • MIL-OSI Economics: Central Bank of Bahrain signs MOU with National Bank of the Kyrgyz Republic

    Source: Central Bank of Bahrain

    Published on 1 June 2025

    Manama, Bahrain – 1 June 2025: The Central Bank of Bahrain announced the signing of a Memorandum of Understanding (MoU) with the National Bank of the Kyrgyz Republic. The MoU was signed by HE Khalid Humaidan, Governor of the Central Bank of Bahrain, and HE Melis Turgunbaev, Chairman of the National Bank of the Kyrgyz Republic.

    Commenting on this occasion, HE Khalid Humaidan said: “We are honored to embark on this official partnership, which represents a strategic step toward strengthening bilateral relations and expanding opportunities for the advancement of the financial services sector, contributing to the growth and prosperity of both brotherly nations. We remain firmly committed to fostering such partnerships as part of our ongoing efforts to support the financial services ecosystem and to further solidify the Kingdom of Bahrain’s position as a leading global financial center.”

    Share this

    MIL OSI Economics –

    June 2, 2025
  • MIL-Evening Report: Phil Goff: Israel doesn’t care how many innocent people, children it’s killing

    COMMENTARY: By Phil Goff

    “What we are doing in Gaza now is a war of devastation: indiscriminate, limitless, cruel and criminal killing of civilians. It’s the result of government policy — knowingly, evilly, maliciously, irresponsibly dictated.”

    This statement was made not by a foreign or liberal critic of Israel but by the former Prime Minister and former senior member of Benjamin Netanyahu’s own Likud party, Ehud Olmet.

    Nightly, we witness live-streamed evidence of the truth of his statement — lethargic and gaunt children dying of malnutrition, a bereaved doctor and mother of 10 children, nine of them killed by an Israeli strike (and her husband, another doctor, died later), 15 emergency ambulance workers gunned down by the IDF as they tried to help others injured by bombs, despite their identity being clear.

    Statistics reflect the scale of the horror imposed on Palestinians who are overwhelmingly civilians — 54,000 killed, 121,000 maimed and injured. Over 17,000 of these are children.

    This can no longer be excused as regrettable collateral damage from targeted attacks on Hamas.

    Israel simply doesn’t care about the impact of its military attacks on civilians and how many innocent people and children it is killing.

    Its willingness to block all humanitarian aid- food, water, medical supplies, from Gaza demonstrates further its willingness to make mass punishment and starvation a means to achieve its ends. Both are war crimes.

    Influenced by the right wing extremists in the Coalition cabinet, like Israeli Finance Minister Bezalel Smotrich and National Security Minister Itamar Ben-Gvir, Israel’s goal is no longer self defence or justifiable retaliation against Hamas terrorists.

    Israel attacks Palestinians at US-backed aid hubs in Gaza, killing 36. Image: AJ screenshot APR

    Making life unbearable
    The Israeli government policy is focused on making life unbearable for Palestinians and seeking to remove them from their homeland. In this, they are openly encouraged by President Trump who has publicly and repeatedly endorsed deporting the Palestinian population so that the Gaza could be made into a “Middle East Riviera”.

    This is not the once progressive pioneer Israel, led by people who had faced the Nazi Holocaust and were fighting for the right to a place where they could determine their own future and be safe.

    Sadly, a country of people who were themselves long victims of oppression is now guilty of oppressing and committing genocide against others.

    New Zealand recently joined 23 other countries calling out Israel and demanding a full supply of foreign aid be allowed into Gaza.

    Foreign Minister Winston Peters called Israel’s actions “ intolerable”. He said that we had “had enough and were running out of patience and hearing excuses”.

    While speaking out might make us feel better, words are not enough. Israel’s attacks on the civilian population in Gaza are being increased, aid distribution which has restarted is grossly insufficient to stop hunger and human suffering and Palestinians are being herded into confined areas described as humanitarian zones but which are still subject to bombardment.

    People living in tents in schools and hospitals are being slaughtered.

    World must force Israel to stop
    Like Putin, Israel will not end its killing and oppression unless the world forces it to. The US has the power but will not do this.

    The sanctions Trump has imposed are not on Israel’s leaders but on judges in the International Criminal Court (ICC) who dared to find Prime Minister Benjamin Netanyahu guilty of war crimes.

    New Zealand’s foreign policy has traditionally involved working with like-minded countries, often small nations like us. Two of these, Ireland and Sweden, are seeking to impose sanctions on Israel.

    Both are members of the European Union which makes up a third of Israel’s global trade. If the EU decides to act, sanctions imposed by it would have a big impact on Israel.

    These sanctions should be both on trade and against individuals.

    New Zealand has imposed sanctions on a small number of extremist Jewish settlers on the West Bank where there is evidence of them using violence against Palestinian villagers.

    These sanctions should be extended to Israel’s political leadership and New Zealand could take a lead in doing this. We should not be influenced by concern that by taking a stand we might offend US president Donald Trump.

    Show our preparedness to uphold values
    In the way that we have been proud of in the past, we should as a small but fiercely independent country show our preparedness to uphold our own values and act against gross abuse of human rights and flagrant disregard for international law.

    We should be working with others through the United Nations General Assembly to maximise political pressure on Israel to stop the ongoing killing of innocent civilians.

    Moral outrage at what Israel is doing has to be backed by taking action with others to force the Israeli government to end the killing, destruction, mass punishment and deliberate starvation of Palestinians including their children.

    An American doctor working at a Gaza hospital reported that in the last five weeks he had worked on dozens of badly injured children but not a single combatant.

    He noted that as well as being maimed and disfigured by bombing, many of the children were also suffering from malnutrition. Children were dying from wounds that they could recover from but there were not the supplies needed to treat them.

    Protest is not enough. We need to act.

    Phil Goff is Aotearoa New Zealand’s former Minister of Foreign Affairs. This article was first published by the Stuff website and is republished with the permission of the author.

    MIL OSI Analysis – EveningReport.nz –

    June 1, 2025
  • MIL-OSI Africa: Mining in Motion to Host African Ministers Driving Extractive Sector Growth

    Source: Africa Press Organisation – English (2) – Report:

    ACCRA, Ghana, June 1, 2025/APO Group/ —

    The upcoming Mining in Motion summit – Ghana’s premier gathering for mining stakeholders, scheduled for June 2 – 4, 2025, in Accra – will feature local and regional ministers who will participate in panel discussions, investment forums and exclusive networking sessions aimed at showcasing opportunities within the artisanal gold mining sector.

    The event will feature local ministers including Hon. Emmanuel Buah, Minister of Lands and Natural Resources, Ghana; Hon. Ahmed Ibrahim, Minister for Local Government, Decentralization and Rural Development, Ghana and Hon. Dr. Ibrahim Murtala Muhammed, Minister for Environment, Science, Technology, and Innovation Ghana. Their participation showcases Ghana’s commitment to engaging with international stakeholders to support mining sector growth, job creation, and GDP expansion.

    Regional ministers include Colonel Ousmane Abarchi, Minister of Mines, the Republic of Niger; Hon. Wilmot J. Paye, Minister of Mines and Energy, Republic of Liberia; Hon. Godard Motemona Gibolum, Deputy Minister of Mines, Democratic Republic of Congo; Hon. Abdiwahab Abdi Omar, Deputy Minister of Mineral Resources and Petroleum, Republic of Somalia; Hon Dr Keneth Zikhale Ng’oma, Minister of Mines, Malawi; Kourouma Aboubacar, Vice Minister of Mines and Geology, Guinea-Conakry. Their participation underscores the commitment by African mineral-rich countries to strengthen cooperation on mining sector growth.

    The summit will also welcome ministerial-level figures such as Moses Michael Engadu, Secretary-General, Africa Minerals Strategy Group and Ousmane Mbaye, President of Chamber of Mines, Senegal.

    Organized by the Ashanti Green Initiative – led by Oheneba Kwaku Duah, Prince of Ghana’s Ashanti Kingdom – in collaboration with Ghana’s Ministry of Lands and Natural Resources, World Bank, and the World Gold Council, with the support of Ghana’s Ministry of Lands and Natural Resources, the summit offers unparalleled opportunities to connect with industry leaders.

    Stay informed about the latest advancements, network with industry leaders, and engage in critical discussions on key issues impacting small-scale miners and medium- to large-scale mining in Ghana. Secure your spot at the Mining in Motion 2025 Summit by visiting _www.MiningInMotionSummit.com. For sponsorship opportunities or delegate participation, contact Sales@ashantigreeninitiative.org.

    MIL OSI Africa –

    June 1, 2025
  • Operation Sindoor: India’s Military Doctrine of Offensive Defence

    Source: Government of India

    Source: Government of India (4)

    In the annals of India’s military history, Operation Sindoor marks a decisive departure from the doctrine of strategic restraint. Triggered by the barbaric Pahalgam terror attack that claimed the lives of Indian civilians and tourists, this operation was meticulously crafted as a calibrated military-political response. It did not seek territorial gain nor a prolonged conflict it was a limited, high-impact military reprisal meant to enforce deterrence, inflict punitive costs, and collapse the artificial distinction between so-called “non-state actors” and the Pakistani state that harbours, trains, and directs them. This operation represents a maturing Indian statecraft where kinetic power is exercised with precision, proportionality, and political clarity. India’s strategic objective was not war it was redefinition. By shifting the cost-benefit calculus of cross-border terrorism and signalling that every future provocation will invite asymmetric retaliation, Operation Sindoor has ushered in a new era in subcontinental geopolitics.

    Precision Strikes: Surgical, Not Symbolic

    The first phase of Operation Sindoor commenced in the early hours of May 7, 2025. Leveraging a composite air package of Rafale multirole fighters, Sukhoi-30MKIs, and Mirage-2000 aircraft, the Indian Air Force conducted precise, intelligence-led strikes deep inside Pakistani territory. These were not blind retaliations they were carefully selected targets identified through layered ISR (Intelligence, Surveillance, Reconnaissance) systems, including satellite imagery, HUMINT, and SIGINT.

    The use of SCALP missiles from Rafales and BrahMos supersonic missiles from air platforms ensured surgical delivery with minimal collateral damage. Terrorist enclaves in Bahawalpur, Muridke, and Kotli, Skardu etc., regions long known to host training camps, ammunition dumps, and communication nodes were decimated. Over 100 confirmed militant casualties, including senior leadership figures from proscribed outfits like Jaish-e-Mohammed and Lashkar-e-Taiba, marked a devastating blow to the Pakistani terror-industrial complex. What distinguished these strikes from past episodes was their surgical nature and strategic framing. India did not seek to provoke full-scale war, nor did it act in anger. It acted with method, legality, and legitimacy framing the strikes as a response to an act of war perpetrated through proxy actors by a complicit state. This legitimacy ensured global understanding, if not overt support.

    The Dogfight: Honouring the Fog of War

    Later that night, tensions escalated into an aerial dogfight over contested between two countries. Both sides scrambled assets, leading to a kinetic engagement involving BVR (Beyond Visual Range) and close-range exchanges. India lost some air assets, and so did Pakistan. However, all Indian pilots were accounted for, is a testament to India’s rapid SAR protocols, operational preparedness, and strong morale. The air engagement is a reminder that operations however well-planned carry risks. Air dominance is not simply about superior machines but real-time decision-making, jamming, radar countermeasures, and pilot skill. India emerged from the engagement with its credibility intact. The enemy was bloodied, morale hit, and escalation managed.

    Air Defence Triumph: Holding the Line

    On May 8 and 9, 2025, Pakistan attempted retaliatory missile strikes and indulged in drone warfare by Turkish drones but India’s integrated air defence network held firm. Systems like the indigenous Akash SAMs, S-400 Triumf batteries, L-70 anti-aircraft guns, and the command-and-control network Akashteer worked in seamless coordination to intercept and neutralize incoming aerial threats. These systems represented a layered shield—short, medium, and long-range defences working in tandem. Not many Indian casualties were reported across these two days. While it is tempting to credit hardware alone, this success was equally a victory for Indian military doctrine, training, radar discipline, and force synergy across the Army, Air Force, and strategic command. The S-400 system, sourced from Russia, showed its full battlefield integration with Indian command doctrine, while Akash and L-70 systems, developed by DRDO and BEL, demonstrated India’s growing self-reliance in air defence. These engagements proved that India is no longer reactive. It can now predict, pre-empt, and neutralize threats without waiting for external validation or international permission.

    Airbases Neutralized: A Blow to Pakistani Air Power

    The most daring component of Operation Sindoor came in the early hours of May 10, 2025. In a pre-dawn mission, India struck eleven Pakistani airbases with BrahMos cruise missiles and stand-off weapons. Airstrips, hardened aircraft shelters, radar systems, and command centers were targeted based on precise ISR data. These strikes disrupted the Pakistan Air Force’s sortie capability, grounded multiple squadrons, and paralyzed operational momentum.

    These weren’t merely punitive. They were strategic de-capacitation measures, designed to ensure that Pakistan could not sustain a second or third wave of escalation. Post-strike imagery, open-source analysis, and leaked intercepts confirm major damages at bases like Rahim Yar Khan, Sargodha, Bholari, Jacobabad & Nur Khan Airbase. Significant PAF infrastructure, including JF-17 hangars, SAAB Awacs, and early-warning systems, were taken offline.

    As per noted Defence & Security expert Shishir Gupta in HT, “India’s S-400 air defence system in Adampur went into action no less than 11 times during Operation Sindoor and destroyed a Pakistani SAAB-2000 airborne early warning system as far as 315 kilometres away deep in Pakistan”. He further goes on to report that “Indian Air Force also has proof of its missiles having downed one C-130 J medium lift aircraft, a JF-17 and two F-16 fighters on ground and in the air” & “..The Indian strikes took out a Chinese-made LY-80 air defence system using a HARPY kamikaze drone at Lahore, while an Indian missile took out the prized HQ-9 (Chinese version of S-300) at Malir in Karachi.”

    This phase also demonstrated India’s maturing offensive deterrence posture. The use of standoff missiles allowed deep strikes without exposing aircraft to enemy radar or engagement zones. The message was clear: India possesses both the will and the capability to cripple Pakistan’s retaliatory framework without boots on the ground.

    Redefining Deterrence: The End of “Plausible Deniability”

    Perhaps the most far-reaching impact of Operation Sindoor is the collapse of the false firewall Pakistan erected between its army and its jihadi proxies. For decades, GHQ Rawalpindi operated in the grey zone training, equipping, and deploying terrorists while pretending innocence. India, until now, often responded diplomatically, seeking proof and global condemnation. That model is now obsolete. By treating the Pahalgam attack as a state-sanctioned act of war, India has established a new doctrine: no differentiation between non-state actors and the state that shelters them. This strategic redefinition collapses the ambiguity that Pakistan exploited for decades and forces it to absorb the consequences of proxy warfare. This is more than retaliation it is deterrence by punishment. The world, too, is watching. While global powers may issue standard calls for restraint. The legitimacy of India’s counter-strikes is enhanced by its commitment to proportionality, non-targeting of civilian infrastructure, and avoidance of war escalation.

    Indus Waters Treaty in Abeyance: Weaponizing Asymmetry

    One of the boldest geopolitical moves during Operation Sindoor was India’s decision to place the Indus Waters Treaty (IWT) in abeyance. Long hailed as an example of transboundary cooperation, the IWT has persisted even through wars. However, in the face of repeated Pakistani provocation, it has become a one-sided symbol of Indian restraint. By moving to suspend water flows or delay data sharing and project clearances, India has signalled that economic levers are now part of the strategic toolkit. This asymmetric tool non-lethal but deeply consequential gives India leverage without inviting kinetic escalation. It allows New Delhi to exert economic, agricultural, and psychological pressure on Pakistan’s heartland in a prolonged conflict scenario. This step also sends a larger message: India will now integrate all dimensions of national power military, diplomatic, economic, technological into its response architecture.

    A Strategic Template for the Future

    Operation Sindoor is not just a successful operation it is a template. India has for the first time demonstrated where there was Rapid force mobilization with surgical precision, multi-platform integration of air, missile-based assets, Resilience and transparency in combat engagements, Defensive superiority using indigenous and imported systems, Asymmetric escalation through economic and hydrological tools and Geopolitical signalling without diplomatic fallout. This holistic approach marks India’s arrival as a mature regional power capable of defending its interests across the spectrum from grey-zone threats to full-spectrum deterrence. It is no longer about reactive diplomacy. India now leads with strength, speed, and clarity.

    Noted International Defence Expert, John Spencer in his Article, “India’s Wake-Up Call: Why US Defense Reform Must Match the Speed of Modern War”, in Small War Journal has quoted as below:

    “India’s overwhelming success demonstrated something more enduring than airpower. It validated a national defense doctrine built around efficient domestic industrial strength. And most significantly, it delivered a clear message to its strategic rival. Pakistan a Chinese proxy by armament, alignment, doctrine was completely outmatched. Its Chinese-made air defense systems could not stop, detect, or deter India’s precision strikes. In Sindoor, India didn’t just win. It demonstrated overwhelming military superiority against a Chinese-backed adversary.”

    Reflecting on the Brahmos strikes of Indian Russian joint venture and its integration with domestic Indian systems under Make in India Program, he goes on to highlight that, “In the skies over Pakistan, India didn’t just dominate. It redefined regional deterrence. India didn’t just talk about reform. It executed it. And it won. India has become a master of the physics of lethality. The United States can learn from their success and model some of their changes for its own needs. India’s success—and Ukraine’s innovation—should be a wake-up call. They are building the warfighting models of the future. The US is still operating with Cold War machinery and Gulf War assumptions.”

    Further in an Article dt 29th May 2029 on X, titled “India’s Operation Sindoor: A Battlefield Verdict on Chinese Weapons—And India’s Victory”, John Spencer goes on to write about India’s weapon systems used and exclaimed that:

     “India fought as a sovereign power wielding precision tool it designed, built, and deployed with unmatched battlefield control. Pakistan fought as a proxy force, dependent on Chinese hardware that was built for export, not for excellence. When challenged, these systems failed—exposing the strategic hollowness behind Islamabad’s defense posture. ….Operation Sindoor wasn’t just a military campaign. It was a technology demonstration, a market signal, and a strategic blueprint. India showed the world what self-reliance in modern warfare looks like and proved that “Atmanirbhar Bharat” works under fire.”

    Conclusion: Sindoor as a Strategic Line Drawn

    One of the articles written by Royal United Services Institute titled, “Calibrated Force: Operation Sindoor and the Future of Indian Deterrence”, on 21st May 2025 sums it up perfectly. It states that rather than serious analysis of India’s targeting methodology, command intent, or escalation thresholds, the western media coverage has focused instead on the air-to-air engagement that led to the probable loss of some Indian Air Assets. Undue prominence was given to the performance of specific platforms, with little regard for the broader operational context or the rules of engagement that shaped the encounter. Arguably more impressive than the operation’s reach was its restraint on the first day.

    The article on goes on say, “According to Indian officials, pilots operated under strict rules of engagement that prohibited initiating attacks on Pakistani aircraft or pre-emptively suppressing air defence systems. It suggests a political leadership determined to signal its intent with clarity: India was not interested in initiating a conflict with the Pakistani state, but rather in degrading a specific ecosystem of terrorist violence that exists in the country. In effect, India accepted heightened operational risk in pursuit of clear strategic messaging. Such discipline in the face of a capable adversary is neither automatic nor easy. Yet it may well have prevented a broader escalation spiral. That alone deserves more analytical attention than it has received”.

    There is a media narrative of Chinese experts in Bloomberg exulting on performance of Chinese platforms presents a distorted narrative as part of information warfare. The target here is to drown the Indian strategic success and overwhelming air-superiority of the Indian Airforce crippling Pakistani Airbases and infrastructure, taking out Chinese defence systems of which we have clear satellite imagery and proof. In any air-combat there are bound to be losses, the Americans have faced F-16 losses operated by Ukraine, American MQ-9 reaper drones were taken out by Houthis in Yemen, even the Chinese air defence systems of Pakistan were taken out by Indian Airforce in Operation Sindoor. Many of these narratives in international media are shaped by commercial interests of respective military-industrial complexes.

    However, what should matter is that the overall objective of targeted military operation carried out by India between 7th to 10th May 2025 has been achieved. Indian strategic objectives have been met without getting trapped into an elongated war like Vietnam, Afghanistan, Syria or Ukraine. Pakistan must remember that Operation Sindoor is not over yet and no amount of aid from IMF, World Bank, military aid from China (amounting to 80% its military hardware) or a Crypto deal with US corporations would be able to protect it from Indian response to state sponsored terrorism abetted by Pakistani military-intelligence apparatus.

    Operation Sindoor is a watershed in India’s military and geopolitical evolution. It transformed tragedy into a moment of clarity, demonstrating that the Indian state will no longer absorb terror as the cost of diplomacy. Every attack will now invite disproportionate retaliation measured not in rhetoric but in military and economic terms. By operationalizing deterrence, neutralizing terror nodes, blunting enemy retaliation, and avoiding escalation into war, India has delivered a sophisticated, high-impact campaign that redefines conflict dynamics in South Asia. The message is now loud and clear: There will be no safe havens. No immunity through proxies. And no peace without accountability. India has drawn a red line in blood and steel. Operation Sindoor thus showcases clinical execution of India’s military doctrine of Offensive Defence

     

    June 1, 2025
  • MIL-OSI Economics: ADB President Announces $10 Billion Plan for India’s Urban Transformation

    Source: Asia Development Bank

    ADB President Masato Kanda announced a 5-year initiative aimed at transforming urban infrastructure across India, directing up to $10 billion, including third-party capital, into urban transformation including metro extensions, new regional rapid transit system corridors, and urban infrastructure and services.

    MIL OSI Economics –

    June 1, 2025
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