Source: People’s Republic of China – State Council News
BEIJING, July 10 — China announced Thursday that it will raise basic pension benefits for retirees in 2025.
The average monthly payment for pensioners is set to be lifted by 2 percent from the 2024 level, according to a circular jointly issued by the Ministry of Human Resources and Social Security and the Ministry of Finance.
Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra
It’s such a familiar pattern. When a big scandal breaks publicly, governments jump into action, ministers rush out to say they’ll “do something” instantly.
But how come they hadn’t seen problems that had been in plain sight?
Who can forget then-workplace relations minister Tony Burke insisting he’d been unaware, before media revelations, that organised crime was in the CFMEU? After a Nine media expose, a large portion of the notorious union soon ended up in administration.
When a childcare worker was charged with some 70 offences last week, Education Minister Jason Clare immediately declared he’d introduce legislation in the new parliament’s first sitting for the removal of federal funds from errant providers.
After ABC reporter Adele Ferguson had exposed serious safety issues in the system on Four Corners in March, the Albanese government announced it would be “exploring” various measures to strengthen Commonwealth powers “to deal with providers that put profit over quality and child safety at risk”.
In another expose, Ferguson this week revealed substantial problems in the training system for childcare workers.
Federally, childcare comes under the education minister, and there’s also a dedicated minister for early childhood education (Anne Aly last term, now Jess Walsh). Basically, the federal government funds the system while the states and territories regulate it.
Anthony Albanese made major promises for expanding childcare in his 2022 and 2025 election pitches. The government also supported higher wages for workers in the sector. Albanese has nominated “affordable childcare” as the legacy he wants to leave.
It’s all the more surprising, then, that the government didn’t seem to spot a plethora of problems in an area so central to the prime minister’s ambitions.
The government points to the division of responsibility between Commonwealth and states.
But surely that explanation doesn’t wash or, if it does, the relevant federal and state ministers, public servants and the regulators have not been doing their designated jobs effectively.
In various human service policy areas, there are split responsibilities, which differ in specific arrangements.
Politically, this often brings blame-shifting, and arguments over money and accountability.
The federal government attaches conditions, for example, to funding agreements for hospitals and schools, which fall under state responsibility. But in practice, there are slippages.
Split responsibilities, whatever their precise form, can never be “set and forget” – rigorous, constant scrutiny needs to be built in.
Childcare policy has its complications. But, in terms of complexities, it is nothing like, say, running the nation’s defences. There are not unknowns.
The obvious issues within childcare include funding, safety, workforce numbers and training.
The childcare revelations will inevitably lead to new regulations – ironically just as a debate about the desirability of easing excessive regulation in some sectors has become fashionable. In many policy areas, there are tensions between regulation and costs, and no unanimity about where the trade offs should be struck.
The childcare imbroglio highlights the challenges when public policy is substantially delivered by the “for profit” private sector. Social services expert Gabrielle Meagher, professor emerita at Macquarie University, says, “It’s very difficult to regulate across the gaps governments open up when they fund policies that they don’t deliver themselves”.
The childcare issue also invites much wider questions about how “governing” is working. Such as, are ministers too distracted?
Today’s ministers spend more time than ever in the media, and travelling (part of the modern “permanent” election campaign). This takes a large amount of their attention. The prime minister is in the media most days.
One has to wonder how much of this is a diversion for ministers from detailed policy work, especially as they must bone up on “talking points” because, given the 24-hour news cycle, they will be quizzed about issues outside their portfolios. They usually feel obliged to offer an opinion, rather than saying “sorry, that’s not my bag”.
What about the public servants, who are formally responsible for policy advice, implementation and supervising?
We saw with Robodebt shocking behaviour by some bureaucrats. There have been substantial reforms since then and, apart from that, the Albanese government has boosted the numbers and strengthened the capability of the public service.
But is it fit-for-purpose? If it were, wouldn’t the problems in childcare, apparently well-known among many parents, have filtered up through the system to the ears of ministers – even allowing that regulation rests mainly with the states?
Apart from failures by state regulators, one issue is who is telling what to whom about the sector. The federal minister responsible for early childhood education visits dozens of childcare centres. But on those visits, the minister will be talking to managers, who will have their own set of concerns. The minister is less likely at the centres to encounter parents who have had a bad experience.
This goes to a wider problem: in areas of human service delivery, providers of services will usually be organised, while consumers lack the same coherent and forceful voice. Complaining through the media may be only way for families using a service to bring things to light.
But what about the complaints that do flow into government departments, and ministers’ offices? Surely these give a channel for the red flags that point to a policy failure?
Bureaucrats say all this communication amounts to a great deal of “noise”, but the challenge is to identify what it signifies, in terms of substantive problems to be addressed.
When programs are growing very fast, the risk is that corners are cut in delivery. We saw this, disastrously, years ago during the global financial crisis when the Rudd government rolled out the home insulation scheme. A royal commission was damning about the failures of the program, which was marked by several deaths and many household fires. Safety had been compromised in the pursuit of speed and the delivery framework was inadequate.
There are many lessons from the childcare policy failures. A big announcement does not automatically mean a successful policy delivery. Programs can be working on some fronts while flawed on others. All new or expanded policies should come with detailed evaluation arrangements which are then carefully monitored. And while ministers will boast publicly about how well a policy is doing, they should be constantly demanding to know from their bureaucrats where things might be going wrong.
Michelle Grattan does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.
– ref. Grattan on Friday: childcare is a ‘canary in mine’ warning for wider problems in policy delivery – https://theconversation.com/grattan-on-friday-childcare-is-a-canary-in-mine-warning-for-wider-problems-in-policy-delivery-259690
Source: GlobeNewswire (MIL-OSI)
Aventura, Florida, July 10, 2025 (GLOBE NEWSWIRE) — Loans for bad with credit no credit check have become essential financial solutions for individuals facing urgent expenses without traditional credit approval barriers. GadCapital addresses this critical need by offering same-day funding between $500 and $1,000, eliminating the stress of credit score requirements that often prevent access to emergency funds. Loans for no credit check provide immediate relief for rent payments, utility bills, and unexpected expenses that cannot wait for lengthy approval processes.
Key Points: GadCapital’s Loans for Bad Credit No Credit Check Solutions
Quick no credit check loans from GadCapital deliver fast financial assistance when traditional lenders reject applications based on credit history. Best no credit check loans focus on current income and ability to repay rather than past financial mistakes, making loans with no credit accessible to borrowers who need immediate cash flow solutions. No credit check loans ensure that financial emergencies receive prompt attention without the delays and rejections associated with conventional lending requirements.
GadCapital Loans for Bad Credit No Credit Check: Same-Day Financial Solutions
GadCapital loans for bad credit no credit check represent a breakthrough in accessible lending for Americans facing financial challenges.
The company’s new same-day financial solutions serve the 38% of U.S. consumers classified as non-prime or credit invisible, including 15% with sub-600 credit scores and 23% who are “credit invisible” according to recent market data.
Bad credit no credit check approval processes eliminate traditional barriers that prevent millions from accessing emergency funds.
GadCapital’s platform focuses on income verification rather than credit history, making loans available within hours of application approval.
Types of Loans with No Credit Checks Available Through GadCapital
Emergency Loans for No Credit History with Guaranteed Approval
Emergency loans for no credit history provide instant access to funds when unexpected expenses arise, with guaranteed approval.
GadCapital’s emergency lending solutions target the most common financial needs identified in borrower surveys:
No credit history requirements mean applicants receive decisions based solely on current income and basic eligibility factors.
Personal Loans for No Credit and Guaranteed Approval: Flexible Funding for Various Needs
Personal loans for no credit offer versatile financing options for borrowers without established credit profiles.
GadCapital’s personal lending products accommodate diverse financial situations while maintaining smooth guaranteed approval processes.
Loan amounts range from $500 to $1,000, matching the typical range for no credit personal loans in the current market.
Borrowers use these funds for medical expenses, childcare costs, and other essential needs beyond emergency situations.
Loans with No Credit Requirements: Income-Based Guaranteed Approval Process
Loans with no credit requirements rely on employment verification and income documentation instead of credit scores.
GadCapital’s income-based approval process evaluates:
No credit requirements eliminate the barrier that traditional lenders create for credit-invisible consumers seeking financial assistance.
Loans for People with No Credit: Accessible Financial Solutions
Loans for people with no credit address the needs of Americans who lack traditional credit histories.
GadCapital’s accessible financial solutions serve borrowers who may be new to credit or have avoided traditional banking relationships.
Short Term Loans No Credit Check: Quick Repayment Options
Short term loans no credit check feature repayment periods designed for borrowers who need immediate funds with manageable payback schedules.
GadCapital’s quick repayment options:
No credit check short-term lending maintains approval rates above 60% for subprime and no-score borrowers, similar to trends in related lending sectors.
Urgent Loans for Bad Credit No Credit Check: Crisis Funding with Guaranteed Approval
Urgent loans for bad credit no credit check provide immediate financial relief during crisis situations.
GadCapital’s crisis management funding delivers same-day guaranteed approval and funding for borrowers facing:
Bad credit no credit check policies ensure that past financial difficulties don’t prevent access to emergency funding when needed most.
No Credit Needed Loans: GadCapital’s Qualification Process
No credit needed loans eliminate complex qualification requirements that traditional lenders impose. Borrowers complete applications in minutes rather than hours or days.
GadCapital’s simplified qualification process requires only basic documentation and income verification. Credit needed barriers disappear when lenders focus on current financial capacity rather than historical credit performance.
Small Loans with No Credit Check: Modest Amounts for Essential Expenses
Small loans with no credit check provide modest funding amounts perfect for covering essential expenses without creating overwhelming debt burdens.
GadCapital’s guaranteed no credit check small loan products target the $500-$1,000 range that borrowers most commonly request.
GadCapital Application Process for No Credit Check Small Loans
Quick Loans with No Credit Check: Easy Online Application
Quick loans with no credit check feature GadCapital’s online application that takes less than 10 minutes to complete, and includes a few steps:
No credit check applications eliminate waiting periods associated with credit report reviews and scoring analysis, even for 1-hour payday loans no credit check.
Easy Approval Loans for Bad Credit: Simple Documentation Steps
Easy approval loans for bad credit require minimal documentation compared to traditional lending products. Bad credit histories don’t disqualify applicants when documentation demonstrates current financial stability and repayment capacity.
GadCapital’s simple documentation requirements:
Requirements for Personal Loans for No Credit History
Income Based Loans No Credit Check: Employment Verification Standards
Income based loans no credit check rely on employment verification as the primary qualification factor.
GadCapital’s employment verification standards require:
No credit check income verification processes use bank statements and pay stubs rather than credit bureau reports to help get guaranteed approval.
Small Loans No Credit Check: Basic Eligibility Criteria
Small loans no credit check maintain straightforward eligibility requirements that most working adults can meet. Basic eligibility criteria include:
No credit check eligibility focuses on current circumstances rather than past financial challenges or credit mistakes.
Funding Speed for Quick Loans No Credit Check with GadCapital
Same-Day Processing for No Credit Check Installment Loans with Guaranteed Approval
Same-day processing for no credit check installment loans delivers funds within hours of approval, guaranteed.
GadCapital’s same-day service processes applications and transfers funds on the same business day for qualified borrowers.
No credit check installment loans eliminate the multi-day waiting periods that traditional lenders require for credit verification and underwriting reviews.
Online Loans for Bad Credit No Credit Check: Digital Efficiency
Online loans for bad credit no credit check leverage digital technology to maximize processing efficiency.
GadCapital’s digital efficiency includes:
Bad credit no credit check online systems operate 24/7, allowing borrowers to apply and receive decisions outside traditional banking hours.
Payment Flexibility Options for First Time Personal Loans No Credit History
Repayment Terms for No Credit Score Loans
Repayment terms for no credit score loans offer flexible scheduling options that accommodate various income patterns.
GadCapital provides multiple repayment structures for borrowers without established credit scores.
No credit score loans feature terms ranging from 2 weeks to 6 months, allowing borrowers to select schedules that align with their pay cycles and budget constraints.
Customizable Payment Schedules
Customizable payment schedules enable borrowers to adjust repayment timing based on individual financial situations.
GadCapital’s main scheduling options:
Payment flexibility reduces the risk of default and helps borrowers maintain positive relationships with lenders.
Final Thoughts on GadCapital’s No Credit Check Lending Solutions
GadCapital’s no credit check lending solutions fill a critical gap in the financial services market by providing accessible funding to millions of Americans who face barriers with traditional lending, and the company’s focus on income-based approval processes, same-day funding, and flexible repayment options creates opportunities for financial stability among borrowers who might otherwise resort to more expensive alternatives or remain unable to address urgent financial needs.
Disclaimer: GadCapital matches you with lending partners. Approval isn’t automatic – it depends on each lender’s criteria and your state’s rules. Our credit check won’t ding your score. Your loan details depend on which lender picks you and your financial situation. Money usually hits your account fast, but every bank’s different.
Contact Data
GadCapital Press Office
Phone: (800) 961-5909
Email: info@gadcapital.com
Website: https://gadcapital.com
Source: GlobeNewswire (MIL-OSI)
Aventura, Florida, July 10, 2025 (GLOBE NEWSWIRE) — Loans for bad with credit no credit check have become essential financial solutions for individuals facing urgent expenses without traditional credit approval barriers. GadCapital addresses this critical need by offering same-day funding between $500 and $1,000, eliminating the stress of credit score requirements that often prevent access to emergency funds. Loans for no credit check provide immediate relief for rent payments, utility bills, and unexpected expenses that cannot wait for lengthy approval processes.
Key Points: GadCapital’s Loans for Bad Credit No Credit Check Solutions
Quick no credit check loans from GadCapital deliver fast financial assistance when traditional lenders reject applications based on credit history. Best no credit check loans focus on current income and ability to repay rather than past financial mistakes, making loans with no credit accessible to borrowers who need immediate cash flow solutions. No credit check loans ensure that financial emergencies receive prompt attention without the delays and rejections associated with conventional lending requirements.
GadCapital Loans for Bad Credit No Credit Check: Same-Day Financial Solutions
GadCapital loans for bad credit no credit check represent a breakthrough in accessible lending for Americans facing financial challenges.
The company’s new same-day financial solutions serve the 38% of U.S. consumers classified as non-prime or credit invisible, including 15% with sub-600 credit scores and 23% who are “credit invisible” according to recent market data.
Bad credit no credit check approval processes eliminate traditional barriers that prevent millions from accessing emergency funds.
GadCapital’s platform focuses on income verification rather than credit history, making loans available within hours of application approval.
Types of Loans with No Credit Checks Available Through GadCapital
Emergency Loans for No Credit History with Guaranteed Approval
Emergency loans for no credit history provide instant access to funds when unexpected expenses arise, with guaranteed approval.
GadCapital’s emergency lending solutions target the most common financial needs identified in borrower surveys:
No credit history requirements mean applicants receive decisions based solely on current income and basic eligibility factors.
Personal Loans for No Credit and Guaranteed Approval: Flexible Funding for Various Needs
Personal loans for no credit offer versatile financing options for borrowers without established credit profiles.
GadCapital’s personal lending products accommodate diverse financial situations while maintaining smooth guaranteed approval processes.
Loan amounts range from $500 to $1,000, matching the typical range for no credit personal loans in the current market.
Borrowers use these funds for medical expenses, childcare costs, and other essential needs beyond emergency situations.
Loans with No Credit Requirements: Income-Based Guaranteed Approval Process
Loans with no credit requirements rely on employment verification and income documentation instead of credit scores.
GadCapital’s income-based approval process evaluates:
No credit requirements eliminate the barrier that traditional lenders create for credit-invisible consumers seeking financial assistance.
Loans for People with No Credit: Accessible Financial Solutions
Loans for people with no credit address the needs of Americans who lack traditional credit histories.
GadCapital’s accessible financial solutions serve borrowers who may be new to credit or have avoided traditional banking relationships.
Short Term Loans No Credit Check: Quick Repayment Options
Short term loans no credit check feature repayment periods designed for borrowers who need immediate funds with manageable payback schedules.
GadCapital’s quick repayment options:
No credit check short-term lending maintains approval rates above 60% for subprime and no-score borrowers, similar to trends in related lending sectors.
Urgent Loans for Bad Credit No Credit Check: Crisis Funding with Guaranteed Approval
Urgent loans for bad credit no credit check provide immediate financial relief during crisis situations.
GadCapital’s crisis management funding delivers same-day guaranteed approval and funding for borrowers facing:
Bad credit no credit check policies ensure that past financial difficulties don’t prevent access to emergency funding when needed most.
No Credit Needed Loans: GadCapital’s Qualification Process
No credit needed loans eliminate complex qualification requirements that traditional lenders impose. Borrowers complete applications in minutes rather than hours or days.
GadCapital’s simplified qualification process requires only basic documentation and income verification. Credit needed barriers disappear when lenders focus on current financial capacity rather than historical credit performance.
Small Loans with No Credit Check: Modest Amounts for Essential Expenses
Small loans with no credit check provide modest funding amounts perfect for covering essential expenses without creating overwhelming debt burdens.
GadCapital’s guaranteed no credit check small loan products target the $500-$1,000 range that borrowers most commonly request.
GadCapital Application Process for No Credit Check Small Loans
Quick Loans with No Credit Check: Easy Online Application
Quick loans with no credit check feature GadCapital’s online application that takes less than 10 minutes to complete, and includes a few steps:
No credit check applications eliminate waiting periods associated with credit report reviews and scoring analysis, even for 1-hour payday loans no credit check.
Easy Approval Loans for Bad Credit: Simple Documentation Steps
Easy approval loans for bad credit require minimal documentation compared to traditional lending products. Bad credit histories don’t disqualify applicants when documentation demonstrates current financial stability and repayment capacity.
GadCapital’s simple documentation requirements:
Requirements for Personal Loans for No Credit History
Income Based Loans No Credit Check: Employment Verification Standards
Income based loans no credit check rely on employment verification as the primary qualification factor.
GadCapital’s employment verification standards require:
No credit check income verification processes use bank statements and pay stubs rather than credit bureau reports to help get guaranteed approval.
Small Loans No Credit Check: Basic Eligibility Criteria
Small loans no credit check maintain straightforward eligibility requirements that most working adults can meet. Basic eligibility criteria include:
No credit check eligibility focuses on current circumstances rather than past financial challenges or credit mistakes.
Funding Speed for Quick Loans No Credit Check with GadCapital
Same-Day Processing for No Credit Check Installment Loans with Guaranteed Approval
Same-day processing for no credit check installment loans delivers funds within hours of approval, guaranteed.
GadCapital’s same-day service processes applications and transfers funds on the same business day for qualified borrowers.
No credit check installment loans eliminate the multi-day waiting periods that traditional lenders require for credit verification and underwriting reviews.
Online Loans for Bad Credit No Credit Check: Digital Efficiency
Online loans for bad credit no credit check leverage digital technology to maximize processing efficiency.
GadCapital’s digital efficiency includes:
Bad credit no credit check online systems operate 24/7, allowing borrowers to apply and receive decisions outside traditional banking hours.
Payment Flexibility Options for First Time Personal Loans No Credit History
Repayment Terms for No Credit Score Loans
Repayment terms for no credit score loans offer flexible scheduling options that accommodate various income patterns.
GadCapital provides multiple repayment structures for borrowers without established credit scores.
No credit score loans feature terms ranging from 2 weeks to 6 months, allowing borrowers to select schedules that align with their pay cycles and budget constraints.
Customizable Payment Schedules
Customizable payment schedules enable borrowers to adjust repayment timing based on individual financial situations.
GadCapital’s main scheduling options:
Payment flexibility reduces the risk of default and helps borrowers maintain positive relationships with lenders.
Final Thoughts on GadCapital’s No Credit Check Lending Solutions
GadCapital’s no credit check lending solutions fill a critical gap in the financial services market by providing accessible funding to millions of Americans who face barriers with traditional lending, and the company’s focus on income-based approval processes, same-day funding, and flexible repayment options creates opportunities for financial stability among borrowers who might otherwise resort to more expensive alternatives or remain unable to address urgent financial needs.
Disclaimer: GadCapital matches you with lending partners. Approval isn’t automatic – it depends on each lender’s criteria and your state’s rules. Our credit check won’t ding your score. Your loan details depend on which lender picks you and your financial situation. Money usually hits your account fast, but every bank’s different.
Contact Data
GadCapital Press Office
Phone: (800) 961-5909
Email: info@gadcapital.com
Website: https://gadcapital.com
Source: GlobeNewswire (MIL-OSI)
TORONTO, July 10, 2025 (GLOBE NEWSWIRE) — ABRAXAS POWER CORP. (“Abraxas” or the “Company”) is pleased to announce that its subsidiary, APM SPV Pvt Ltd., has signed an Investment Agreement with the Government of Maldives for the development of its flagship Project Solar City in the Republic of Maldives (aka “Luminosity”), a pioneering 100 MW mixed-use renewable energy project.
Following the successful execution of the Investment Agreement with the Government of Maldives, the President of the Maldives has issued a Presidential Decree, dated 1 July 2025, officially designating the Project Area as a Special Economic Zone under the Special Economic Zone Act (“SEZ Act”). This marks the first-ever Presidential Decree issued under the SEZ Act and represents a historic achievement for both Abraxas and the Maldives in advancing renewable energy and sustainable investment. The Project showcases the Abraxas team’s leadership and expertise in supporting a complex energy transition and advances Abraxas’ mandate to develop projects that further the UN Development Programme’s sustainable development goals, specifically Sustainable Development Goal 7: Ensure access to affordable, reliable, sustainable and modern energy for all.
“Our initiative in the Maldives represents a transformative step toward a cleaner, more resilient energy future,” said Mr. J. Colter Eadie, Chief Executive Officer of Abraxas. “By leveraging sustainable innovation and strategic investment, we aim to cut emissions, lower energy costs, and meet up to 50% of Greater Malé’s electricity demand with 100% clean power. This project not only strengthens national energy security by reducing reliance on imported fossil fuels, but also supports the country’s foreign reserves by addressing one of its largest sources of capital outflow. With stable, long-term pricing insulated from global volatility, we are proud to support the Maldives in setting a new standard for environmental leadership and energy independence.”
The Project aligns with the Maldives government’s goal of ensuring adequate, reliable, sustainable, secure, and affordable energy to foster prosperity, and represents a crucial milestone in achieving the country’s net zero targets by 2030. The Project alone has the potential to fulfill the commitment made by the Maldives’ President Dr. Mohamed Muizzu during the COP28 summit to generate at least 33% of the Maldives’ energy needs through renewable sources by 2028.
Eadie continued, “This project is about more than clean energy — it’s about transferring knowledge, technology, and global best practices to empower local enterprises and accelerate infrastructure development across the Maldives. It demonstrates how strategic investment can generate far-reaching benefits, driving inclusive growth and long-term prosperity. We are proud to partner with the Government of the Maldives to bring this vision to life.”
About Abraxas Power Corp.
Abraxas is an energy transition developer focused on decarbonizing hard-to-abate sectors and creating value by solving the current and future challenges of the energy transition. Abraxas’ broad mandate allows it to see opportunities across technologies and geographies to transform the global energy industry. Our team has extensive experience in leading, financing, and solving the challenges associated with energy transition and a proven track record of delivering complex, large-scale development projects across various disciplines, including renewable power and storage, hydrogen and ammonia production, industrial and precious metals, large-scale project construction, and operations at scale. The team possesses strong project finance and capital markets experience and has a history of creating value for shareholders, stakeholders, and the communities they live in. Abraxas has signed strategic partnerships with various global strategics and technology providers.
Abraxas has secured over US$9 billion in capital projects through competitive government awards over the past year in furtherance of the energy transition, including our marquis Exploits Valley Renewable Energy Corporation project in Newfoundland, Canada.
To learn more, visit www.abraxaspower.com
Cautionary Notes
Certain statements contained in this press release constitute “forward-looking statements”. All statements other than statements of historical fact contained in this press release, including, without limitation, statements regarding the development of the Project, the ability of the Project to meet the Company’s targets for energy generation, Abraxas’ plans, objectives, goals and targets, and any statements preceded by, followed by or that include the words “believe”, “expect”, “aim”, “intend”, “plan”, “continue”, “will”, “may”, “would”, “anticipate”, “estimate”, “forecast”, “predict”, “project”, “seek”, “should” or similar expressions or the negative thereof, are forward-looking statements. These statements are not historical facts but instead represent only Abraxas’ expectations, estimates and projections regarding future events. These statements are not guarantees of future performance and involve assumptions, risks and uncertainties that are difficult to predict. Therefore, actual results may differ materially from what is expressed, implied, or forecasted in such forward-looking statements. Management provides forward-looking statements because it believes they provide useful information to investors when considering their investment objectives and cautions investors not to place undue reliance on forward-looking information. Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, Abraxas. These forward-looking statements are made as of the date of this press release and Abraxas assumes no obligation to update or revise them to reflect subsequent information, events, or circumstances or otherwise, except as required by law.
Source: GlobeNewswire (MIL-OSI)
TORONTO, July 10, 2025 (GLOBE NEWSWIRE) — ABRAXAS POWER CORP. (“Abraxas” or the “Company”) is pleased to announce that its subsidiary, APM SPV Pvt Ltd., has signed an Investment Agreement with the Government of Maldives for the development of its flagship Project Solar City in the Republic of Maldives (aka “Luminosity”), a pioneering 100 MW mixed-use renewable energy project.
Following the successful execution of the Investment Agreement with the Government of Maldives, the President of the Maldives has issued a Presidential Decree, dated 1 July 2025, officially designating the Project Area as a Special Economic Zone under the Special Economic Zone Act (“SEZ Act”). This marks the first-ever Presidential Decree issued under the SEZ Act and represents a historic achievement for both Abraxas and the Maldives in advancing renewable energy and sustainable investment. The Project showcases the Abraxas team’s leadership and expertise in supporting a complex energy transition and advances Abraxas’ mandate to develop projects that further the UN Development Programme’s sustainable development goals, specifically Sustainable Development Goal 7: Ensure access to affordable, reliable, sustainable and modern energy for all.
“Our initiative in the Maldives represents a transformative step toward a cleaner, more resilient energy future,” said Mr. J. Colter Eadie, Chief Executive Officer of Abraxas. “By leveraging sustainable innovation and strategic investment, we aim to cut emissions, lower energy costs, and meet up to 50% of Greater Malé’s electricity demand with 100% clean power. This project not only strengthens national energy security by reducing reliance on imported fossil fuels, but also supports the country’s foreign reserves by addressing one of its largest sources of capital outflow. With stable, long-term pricing insulated from global volatility, we are proud to support the Maldives in setting a new standard for environmental leadership and energy independence.”
The Project aligns with the Maldives government’s goal of ensuring adequate, reliable, sustainable, secure, and affordable energy to foster prosperity, and represents a crucial milestone in achieving the country’s net zero targets by 2030. The Project alone has the potential to fulfill the commitment made by the Maldives’ President Dr. Mohamed Muizzu during the COP28 summit to generate at least 33% of the Maldives’ energy needs through renewable sources by 2028.
Eadie continued, “This project is about more than clean energy — it’s about transferring knowledge, technology, and global best practices to empower local enterprises and accelerate infrastructure development across the Maldives. It demonstrates how strategic investment can generate far-reaching benefits, driving inclusive growth and long-term prosperity. We are proud to partner with the Government of the Maldives to bring this vision to life.”
About Abraxas Power Corp.
Abraxas is an energy transition developer focused on decarbonizing hard-to-abate sectors and creating value by solving the current and future challenges of the energy transition. Abraxas’ broad mandate allows it to see opportunities across technologies and geographies to transform the global energy industry. Our team has extensive experience in leading, financing, and solving the challenges associated with energy transition and a proven track record of delivering complex, large-scale development projects across various disciplines, including renewable power and storage, hydrogen and ammonia production, industrial and precious metals, large-scale project construction, and operations at scale. The team possesses strong project finance and capital markets experience and has a history of creating value for shareholders, stakeholders, and the communities they live in. Abraxas has signed strategic partnerships with various global strategics and technology providers.
Abraxas has secured over US$9 billion in capital projects through competitive government awards over the past year in furtherance of the energy transition, including our marquis Exploits Valley Renewable Energy Corporation project in Newfoundland, Canada.
To learn more, visit www.abraxaspower.com
Cautionary Notes
Certain statements contained in this press release constitute “forward-looking statements”. All statements other than statements of historical fact contained in this press release, including, without limitation, statements regarding the development of the Project, the ability of the Project to meet the Company’s targets for energy generation, Abraxas’ plans, objectives, goals and targets, and any statements preceded by, followed by or that include the words “believe”, “expect”, “aim”, “intend”, “plan”, “continue”, “will”, “may”, “would”, “anticipate”, “estimate”, “forecast”, “predict”, “project”, “seek”, “should” or similar expressions or the negative thereof, are forward-looking statements. These statements are not historical facts but instead represent only Abraxas’ expectations, estimates and projections regarding future events. These statements are not guarantees of future performance and involve assumptions, risks and uncertainties that are difficult to predict. Therefore, actual results may differ materially from what is expressed, implied, or forecasted in such forward-looking statements. Management provides forward-looking statements because it believes they provide useful information to investors when considering their investment objectives and cautions investors not to place undue reliance on forward-looking information. Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, Abraxas. These forward-looking statements are made as of the date of this press release and Abraxas assumes no obligation to update or revise them to reflect subsequent information, events, or circumstances or otherwise, except as required by law.
Source: GlobeNewswire (MIL-OSI)
Aventura, Florida, July 10, 2025 (GLOBE NEWSWIRE) — Loans for bad with credit no credit check have become essential financial solutions for individuals facing urgent expenses without traditional credit approval barriers. GadCapital addresses this critical need by offering same-day funding between $500 and $1,000, eliminating the stress of credit score requirements that often prevent access to emergency funds. Loans for no credit check provide immediate relief for rent payments, utility bills, and unexpected expenses that cannot wait for lengthy approval processes.
Key Points: GadCapital’s Loans for Bad Credit No Credit Check Solutions
Quick no credit check loans from GadCapital deliver fast financial assistance when traditional lenders reject applications based on credit history. Best no credit check loans focus on current income and ability to repay rather than past financial mistakes, making loans with no credit accessible to borrowers who need immediate cash flow solutions. No credit check loans ensure that financial emergencies receive prompt attention without the delays and rejections associated with conventional lending requirements.
GadCapital Loans for Bad Credit No Credit Check: Same-Day Financial Solutions
GadCapital loans for bad credit no credit check represent a breakthrough in accessible lending for Americans facing financial challenges.
The company’s new same-day financial solutions serve the 38% of U.S. consumers classified as non-prime or credit invisible, including 15% with sub-600 credit scores and 23% who are “credit invisible” according to recent market data.
Bad credit no credit check approval processes eliminate traditional barriers that prevent millions from accessing emergency funds.
GadCapital’s platform focuses on income verification rather than credit history, making loans available within hours of application approval.
Types of Loans with No Credit Checks Available Through GadCapital
Emergency Loans for No Credit History with Guaranteed Approval
Emergency loans for no credit history provide instant access to funds when unexpected expenses arise, with guaranteed approval.
GadCapital’s emergency lending solutions target the most common financial needs identified in borrower surveys:
No credit history requirements mean applicants receive decisions based solely on current income and basic eligibility factors.
Personal Loans for No Credit and Guaranteed Approval: Flexible Funding for Various Needs
Personal loans for no credit offer versatile financing options for borrowers without established credit profiles.
GadCapital’s personal lending products accommodate diverse financial situations while maintaining smooth guaranteed approval processes.
Loan amounts range from $500 to $1,000, matching the typical range for no credit personal loans in the current market.
Borrowers use these funds for medical expenses, childcare costs, and other essential needs beyond emergency situations.
Loans with No Credit Requirements: Income-Based Guaranteed Approval Process
Loans with no credit requirements rely on employment verification and income documentation instead of credit scores.
GadCapital’s income-based approval process evaluates:
No credit requirements eliminate the barrier that traditional lenders create for credit-invisible consumers seeking financial assistance.
Loans for People with No Credit: Accessible Financial Solutions
Loans for people with no credit address the needs of Americans who lack traditional credit histories.
GadCapital’s accessible financial solutions serve borrowers who may be new to credit or have avoided traditional banking relationships.
Short Term Loans No Credit Check: Quick Repayment Options
Short term loans no credit check feature repayment periods designed for borrowers who need immediate funds with manageable payback schedules.
GadCapital’s quick repayment options:
No credit check short-term lending maintains approval rates above 60% for subprime and no-score borrowers, similar to trends in related lending sectors.
Urgent Loans for Bad Credit No Credit Check: Crisis Funding with Guaranteed Approval
Urgent loans for bad credit no credit check provide immediate financial relief during crisis situations.
GadCapital’s crisis management funding delivers same-day guaranteed approval and funding for borrowers facing:
Bad credit no credit check policies ensure that past financial difficulties don’t prevent access to emergency funding when needed most.
No Credit Needed Loans: GadCapital’s Qualification Process
No credit needed loans eliminate complex qualification requirements that traditional lenders impose. Borrowers complete applications in minutes rather than hours or days.
GadCapital’s simplified qualification process requires only basic documentation and income verification. Credit needed barriers disappear when lenders focus on current financial capacity rather than historical credit performance.
Small Loans with No Credit Check: Modest Amounts for Essential Expenses
Small loans with no credit check provide modest funding amounts perfect for covering essential expenses without creating overwhelming debt burdens.
GadCapital’s guaranteed no credit check small loan products target the $500-$1,000 range that borrowers most commonly request.
GadCapital Application Process for No Credit Check Small Loans
Quick Loans with No Credit Check: Easy Online Application
Quick loans with no credit check feature GadCapital’s online application that takes less than 10 minutes to complete, and includes a few steps:
No credit check applications eliminate waiting periods associated with credit report reviews and scoring analysis, even for 1-hour payday loans no credit check.
Easy Approval Loans for Bad Credit: Simple Documentation Steps
Easy approval loans for bad credit require minimal documentation compared to traditional lending products. Bad credit histories don’t disqualify applicants when documentation demonstrates current financial stability and repayment capacity.
GadCapital’s simple documentation requirements:
Requirements for Personal Loans for No Credit History
Income Based Loans No Credit Check: Employment Verification Standards
Income based loans no credit check rely on employment verification as the primary qualification factor.
GadCapital’s employment verification standards require:
No credit check income verification processes use bank statements and pay stubs rather than credit bureau reports to help get guaranteed approval.
Small Loans No Credit Check: Basic Eligibility Criteria
Small loans no credit check maintain straightforward eligibility requirements that most working adults can meet. Basic eligibility criteria include:
No credit check eligibility focuses on current circumstances rather than past financial challenges or credit mistakes.
Funding Speed for Quick Loans No Credit Check with GadCapital
Same-Day Processing for No Credit Check Installment Loans with Guaranteed Approval
Same-day processing for no credit check installment loans delivers funds within hours of approval, guaranteed.
GadCapital’s same-day service processes applications and transfers funds on the same business day for qualified borrowers.
No credit check installment loans eliminate the multi-day waiting periods that traditional lenders require for credit verification and underwriting reviews.
Online Loans for Bad Credit No Credit Check: Digital Efficiency
Online loans for bad credit no credit check leverage digital technology to maximize processing efficiency.
GadCapital’s digital efficiency includes:
Bad credit no credit check online systems operate 24/7, allowing borrowers to apply and receive decisions outside traditional banking hours.
Payment Flexibility Options for First Time Personal Loans No Credit History
Repayment Terms for No Credit Score Loans
Repayment terms for no credit score loans offer flexible scheduling options that accommodate various income patterns.
GadCapital provides multiple repayment structures for borrowers without established credit scores.
No credit score loans feature terms ranging from 2 weeks to 6 months, allowing borrowers to select schedules that align with their pay cycles and budget constraints.
Customizable Payment Schedules
Customizable payment schedules enable borrowers to adjust repayment timing based on individual financial situations.
GadCapital’s main scheduling options:
Payment flexibility reduces the risk of default and helps borrowers maintain positive relationships with lenders.
Final Thoughts on GadCapital’s No Credit Check Lending Solutions
GadCapital’s no credit check lending solutions fill a critical gap in the financial services market by providing accessible funding to millions of Americans who face barriers with traditional lending, and the company’s focus on income-based approval processes, same-day funding, and flexible repayment options creates opportunities for financial stability among borrowers who might otherwise resort to more expensive alternatives or remain unable to address urgent financial needs.
Disclaimer: GadCapital matches you with lending partners. Approval isn’t automatic – it depends on each lender’s criteria and your state’s rules. Our credit check won’t ding your score. Your loan details depend on which lender picks you and your financial situation. Money usually hits your account fast, but every bank’s different.
Contact Data
GadCapital Press Office
Phone: (800) 961-5909
Email: info@gadcapital.com
Website: https://gadcapital.com
Source: GlobeNewswire (MIL-OSI)
London, UK, July 10, 2025 (GLOBE NEWSWIRE) — On July 7, 2025, Bitcoin hit a record high and could not be stopped. The price once exceeded $110,000, and the enthusiasm of the entire network broke out again. But unlike in the past, the protagonists of this round of cryptocurrency craze are no longer just those capital giants or early coin collectors who speculate in coins, but ordinary people who rely on “cloud mining” to produce Bitcoin steadily every day.
More and more people give up high-risk speculation and choose global leading provider platforms like Blockchain Cloud Mining to open their own Bitcoin income channels. They do not follow the trend of speculating in coins, but receive notifications of BTC arrival every day.
What is Blockchain Cloud Mining?
Blockchain cloud mining is a way to participate in cryptocurrency mining without purchasing hardware equipment. Blockchain provides remote leasing computing power services. Users only need to purchase mining contracts, and the system can automatically start the mining process and distribute the income to the account. No equipment maintenance or high electricity bills are required.
Why is Blockchain Cloud Mining favored by users around the world?
⦁Get $12 off when you sign up.
⦁High returns, daily dividends.
⦁No other service fees or management fees.
⦁The platform supports settlement in more than 9 cryptocurrencies, such as DOGE, BTC, ETH, SOL, USDC, USDT, XRP, LTC, and BCH.
⦁The company’s affiliate program allows you to refer friends and get up to $50,000 in referral bonuses.
⦁McAfee® security. Cloudflare® security. 100% uptime guarantee and excellent 24/7 online technical support.
How to start your BlockchainCloudMining journey with one click?
Step 1: Register an account
BlockchainCloudMining provides a convenient registration process. Just enter your email address and create an account to participate. After registration, users can start mining Bitcoin and other cryptocurrencies immediately.
Step 2: Purchase a mining contract
BlockchainCloudMining offers a variety of mining contract options, such as $100, $500, and $1,000 contracts. Each contract has a unique return on investment (ROI) and a specific contract period. You can get more efficient returns by participating in the following contracts:
⦁【New User Experience Contract】: Investment amount: $100, contract period 2 days, total income: $100 + $6.
⦁【WhatsMiner M66S】: Investment amount: $500, contract period 7 days, total income: $500 + $45.5.
⦁【WhatsMiner M60】: Investment amount: $1,000, contract period 14 days, total income: $1,000 + $196.
⦁【Bitcoin Miner S21+】: Investment amount: $3,000, contract period 20 days, total income: $3,000 + $900.
⦁【ALPH Miner AL1】：Investment amount: $10,000, contract period 35 days, total income: $10,000 + $5,950.
⦁【ANTSPACE HK3】：Investment amount: $33,000, contract period 40 days, total income: $33,000 + $26,400.
After purchasing the contract, you can receive the income the next day, or you can choose to withdraw the funds to your crypto wallet or continue to purchase other contracts.
(The platform has launched a variety of stable income contracts, please log in to the official website of Blockchaincloudmining.com for more contract details)
Conclusion: Opportunities wait for no one, and the key to enter the market has been handed over to you
In the second half of 2025, Bitcoin is still one of the safest and most promising assets in the world.
But not everyone can afford to buy 1 Bitcoin, and not everyone has the technology to make money by speculating in coins.
Cloud mining, especially on platforms like BlockchainCloudMining, provides the most balanced channel between ordinary people and digital wealth.
For more information, please visit www.BlockchainCloudMining.com
or contact the platform email: info@blockchaincloudmining.com to start your “digital money printing machine”. You don’t need to rely on advertising or luck. In the era of cryptocurrency, you can also have your own passive income engine.
Attachment
Source: GlobeNewswire (MIL-OSI)
LONGBOAT KEY, Fla., July 10, 2025 (GLOBE NEWSWIRE) — Rumble (NASDAQ:RUM), the video sharing platform and cloud services provider, today announced an exclusive partnership with MoonPay, the world’s leading crypto payments infrastructure company, to revolutionize how creators monetize and thrive in a decentralized world. The collaboration marks a major leap forward in the fusion of free expression and financial freedom.
“Rumble Wallet will change the game for creators, and MoonPay is the perfect partner to bring that vision to life,” said Rumble Founder and CEO Chris Pavlovski. “We’re not just building tools – we’re building freedom. And we want partners who are as obsessed with empowering people as we are.”
Through this exclusive partnership, MoonPay will power all crypto on- and off-ramps inside the highly anticipated Rumble Wallet, slated to launch in Q3 2025. This integration will allow users to seamlessly buy, sell and swap crypto, putting control directly into the hands of the community.
Additionally, MoonPay’s award-winning creative agency, Otherlife, will begin leveraging Rumble Cloud for next-gen object storage and decentralized compute.
“We could not be more thrilled to partner with Rumble,” said Ivan Soto-Wright, CEO of MoonPay. “Crypto represents financial freedom, the same way Rumble represents freedom of expression.”
The Rumble x MoonPay partnership represents a shared commitment to building creator-first tools that prioritize free expression, user control and financial independence.
ABOUT RUMBLE
Rumble is a high-growth video platform and cloud services provider that is creating an independent infrastructure. Rumble’s mission is to restore the internet to its roots by making it free and open once again. For more information, visit: corp.rumble.com.
Contact: press@rumble.com
ABOUT MOONPAY
MoonPay simplifies access to buy, sell and trade crypto using everyday payment methods like cards, Apple Pay, PayPal and Venmo, while also providing simple tools to send, receive and manage stablecoins.
Whether you are new to digital money or a company exploring new ways to use it, MoonPay provides the trusted infrastructure to onboard users into the blockchain-based financial ecosystem safely and seamlessly.
With over 30 million customers and powering the infrastructure for nearly 500 companies across the decentralized economy, MoonPay is a key driver behind mainstream crypto adoption. It is fully licensed in the U.S. and regulated in the UK, EU, Canada and Australia—and has been certified for its enterprise-grade security.
MoonPay is changing payments.
Contact: media@moonpay.com
###
Source: GlobeNewswire (MIL-OSI)
LONGBOAT KEY, Fla., July 10, 2025 (GLOBE NEWSWIRE) — Rumble (NASDAQ:RUM), the video sharing platform and cloud services provider, today announced an exclusive partnership with MoonPay, the world’s leading crypto payments infrastructure company, to revolutionize how creators monetize and thrive in a decentralized world. The collaboration marks a major leap forward in the fusion of free expression and financial freedom.
“Rumble Wallet will change the game for creators, and MoonPay is the perfect partner to bring that vision to life,” said Rumble Founder and CEO Chris Pavlovski. “We’re not just building tools – we’re building freedom. And we want partners who are as obsessed with empowering people as we are.”
Through this exclusive partnership, MoonPay will power all crypto on- and off-ramps inside the highly anticipated Rumble Wallet, slated to launch in Q3 2025. This integration will allow users to seamlessly buy, sell and swap crypto, putting control directly into the hands of the community.
Additionally, MoonPay’s award-winning creative agency, Otherlife, will begin leveraging Rumble Cloud for next-gen object storage and decentralized compute.
“We could not be more thrilled to partner with Rumble,” said Ivan Soto-Wright, CEO of MoonPay. “Crypto represents financial freedom, the same way Rumble represents freedom of expression.”
The Rumble x MoonPay partnership represents a shared commitment to building creator-first tools that prioritize free expression, user control and financial independence.
ABOUT RUMBLE
Rumble is a high-growth video platform and cloud services provider that is creating an independent infrastructure. Rumble’s mission is to restore the internet to its roots by making it free and open once again. For more information, visit: corp.rumble.com.
Contact: press@rumble.com
ABOUT MOONPAY
MoonPay simplifies access to buy, sell and trade crypto using everyday payment methods like cards, Apple Pay, PayPal and Venmo, while also providing simple tools to send, receive and manage stablecoins.
Whether you are new to digital money or a company exploring new ways to use it, MoonPay provides the trusted infrastructure to onboard users into the blockchain-based financial ecosystem safely and seamlessly.
With over 30 million customers and powering the infrastructure for nearly 500 companies across the decentralized economy, MoonPay is a key driver behind mainstream crypto adoption. It is fully licensed in the U.S. and regulated in the UK, EU, Canada and Australia—and has been certified for its enterprise-grade security.
MoonPay is changing payments.
Contact: media@moonpay.com
###
Source: GlobeNewswire (MIL-OSI)
ENGLEWOOD CLIFFS, N.J., July 10, 2025 (GLOBE NEWSWIRE) — ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), parent company of ConnectOne Bank (the “Bank”), today announced that it plans to release results for the second quarter ended June 30, 2025, before the market opens on Tuesday, July 29, 2025. Management will also host a conference call and audio webcast at 10:00 a.m. ET on July 29, 2025, to review the Company’s financial performance and operating results.
Chairman and Chief Executive Officer Frank Sorrentino III and Senior Executive Vice President and Chief Financial Officer William S. Burns will host the call. The conference call dial-in number is 1 (646) 307-1963, access code 7519286. Please dial in at least five minutes before the start of the call to register. An audio webcast of the conference call will be available to the public, on a listen-only basis, via the “Investor Relations” link on the Company’s website https://www.ConnectOneBank.com or at http://ir.connectonebank.com.
A replay of the conference call will be available beginning at approximately 1:00 p.m. ET on Tuesday, July 29, 2025, and ending on Tuesday, August 5, 2025, by dialing 1 (609) 800-9909, access code 7519286. An online archive of the webcast will be available following the completion of the conference call at https://www.ConnectOneBank.com or at http://ir.connectonebank.com.
About ConnectOne Bancorp, Inc.
ConnectOne Bancorp, Inc., is a modern financial services company that operates, through its subsidiary, ConnectOne Bank, and the Bank’s fintech subsidiary, BoeFly, Inc. ConnectOne Bank is a high-performing commercial bank offering a full suite of banking & lending products and services that focus on small to middle-market businesses. BoeFly, Inc. is a fintech marketplace that connects borrowers in the franchise space with funding solutions through a network of partner banks. ConnectOne Bancorp, Inc. is traded on the Nasdaq Global Market under the trading symbol “CNOB,” and information about ConnectOne may be found at https://www.connectonebank.com.
Investor Contact:
William S. Burns
Senior Executive VP & CFO
201.816.4474: bburns@cnob.com
Media Contact:
Shannan Weeks, MWW
MikeWorldWide
732.299.7890: sweeks@mww.com
Source: GlobeNewswire (MIL-OSI)
TALLAHASSEE, Fla., July 10, 2025 (GLOBE NEWSWIRE) — Capital City Bank is pleased to announce William G. Smith III has joined its board of directors, continuing a family legacy spanning four generations. Smith, who is now in his 18th year of service with Capital City Bank, is chief lending officer responsible for driving the lending strategies of the Bank.
“We are pleased to welcome William to our board of directors,” said Tom Barron, Capital City Bank Group president and chairman of the Capital City Bank Board of Directors. “I have had the privilege of working alongside William throughout his entire career at Capital City Bank, and I have witnessed firsthand his growth, dedication and leadership. His experience, strategic vision and deep knowledge of our business will be invaluable as the Bank continues to grow and evolve.”
With this appointment, Smith continues a proud family legacy, becoming the fourth generation of Smiths to serve on the Capital City Bank Board of Directors. The tradition began in 1919 with the appointment of William Henry Smith. In 1937, his widow, Fanny Smith, was elected to the board alongside her son, Godfrey Smith, who dedicated 62 years to Capital City Bank. The current Capital City Bank Group Chairman and CEO, William G. Smith Jr., began his career with Capital City Bank in 1978 and was elected to the board in 1995.
Smith joined Capital City Bank in 2007 and has since developed expertise in a range of specialties, including small business, commercial banking, special assets and private banking. He has held several key leadership roles over his tenure, gradually expanding his sphere of responsibility. As a market president from 2020 until 2023, Smith led the revenue and lending functions for Leon County. In 2023, he was promoted to North Florida Region executive, overseeing an operational area that included Leon, Gadsden, Jefferson, Madison, Taylor and Wakulla counties in Florida and Grady County in Georgia. In January of 2025, he was appointed to chief lending officer, where he now leads the Bank’s lending strategies and operations.
About Capital City Bank Group, Inc.
Capital City Bank Group, Inc. (NASDAQ: CCBG) is one of the largest publicly traded financial holding companies headquartered in Florida and has approximately $4.5 billion in assets. We provide a full range of banking services, including traditional deposit and credit services, mortgage banking, asset management, trust, merchant services, bankcards, securities brokerage services and financial advisory services, including the sale of life insurance, risk management and asset protection services. Our bank subsidiary, Capital City Bank, was founded in 1895 and now has 62 banking offices and 105 ATMs/ITMs in Florida, Georgia and Alabama. For more information about Capital City Bank Group, Inc., www.ccbg.com.
For Information Contact:
Brooke Hallock
Hallock.Brooke@ccbg.com
850.402.8525
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/43393291-5cbd-44e6-980e-af7a36f76ab9
Source: GlobeNewswire (MIL-OSI)
DALLAS and ROME, July 10, 2025 (GLOBE NEWSWIRE) — AleAnna, Inc. (“AleAnna” or the “Company”) (Nasdaq: ANNA) is pleased to announce strong early performance from the Longanesi Field. All five wells in the Phase 1 development are contributing to current daily production averaging 28 million cubic feet per day, which was AleAnna’s budgeted maximum rate for 2025. While striving to prevent damage to the reservoirs from early over-production, the impressive growth rate in daily production over the first 6 full weeks of production nonetheless signals potential for the Phase 1 development to outperform initial expectations.
Combined with average Italian natural gas prices over this 6-week period of about $13.50 per thousand cubic feet, current production is generating in excess of $100,000 in revenue per day net to AleAnna’s account. In addition, the Company expects further expansions of reserves and additional increases in daily production, highlighting Longanesi’s importance as a driver of mid-to-longer term growth for AleAnna.
Advantaged Natural Gas Environment in the EU
About 20% of the EU’s natural gas supply continues to come from Russia. As part of a broader plan to improve energy security and independence, the EU has stated an overarching goal to completely eliminate Russian natural gas supply by year-end 2027. The need to replace this supply, combined with gas storage levels at 34% of capacity, has created an increased demand for new sources of domestic natural gas and a near-to-mid-term increase in the price of natural gas in the EU.
AleAnna is committed to strengthening Italy’s long-term energy security while supporting the global transition to cleaner and more sustainable sources of energy. By advancing current and future investments at Longanesi, AleAnna aims to address the gap in natural gas supply left by the loss of Russian natural gas imports.
Management Commentary
Marco Brun, Chief Executive Officer of AleAnna, emphasized the importance of the positive early results from Longanesi, stating: “Strong early results from Longanesi are a signal of AleAnna’s growth potential and profitability. With an advantaged environment for natural gas producers in the EU, and the opportunity to further grow our Longanesi production, we are excited about the future of the Company.”
About AleAnna
AleAnna is a technology-driven energy company focused on bringing sustainability and new supplies of low-carbon natural gas and RNG to Italy, aligning traditional energy operations with renewable solutions, with developments like the Longanesi field leading the way in supporting a responsible energy transition. With three conventional gas discoveries in Italy already made and fourteen new natural gas exploration projects planned this decade, AleAnna plays a pivotal role in Italy’s energy transition. Italy’s extensive infrastructure, featuring 33,000 kilometers of gas pipelines, three major gas storage facilities, and a strong base of existing RNG facilities, aligns with AleAnna’s commitment to sustainability. AleAnna’s RNG projects’ portfolio includes three plants under development and almost 100 projects representing approximately €1.1 billion potential investment in the next few years. AleAnna operates regional headquarters in Dallas, Texas, and Rome, Italy.
Forward-Looking Statements
The information included herein contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Certain statements, other than statements of present or historical fact included herein regarding AleAnna’s future operations, financial position, plans and objectives are forward-looking statements. When used herein, including any statements made in connection herewith, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” and other similar expressions are forward-looking statements. However, not all forward-looking statements contain such identifying words. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on AleAnna’s current beliefs, expectations and assumptions regarding the future of its business, future plans and strategies, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of AleAnna’s control. AleAnna’s actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements, which speak only as of the date made. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, but are not limited to, those under “Risk Factors” in AleAnna’s definitive proxy statement/prospectus filed by AleAnna with the SEC on November 21, 2024, as well as general economic conditions; AleAnna’s need for additional capital; risks associated with the growth of AleAnna’s business; and changes in the regulatory environment in which AleAnna operates. Additional information concerning these and other factors that may impact AleAnna’s expectations and projections can be found in filings it makes with the SEC, and other documents filed or to be filed with the SEC by AleAnna. SEC filings are available on the SEC’s website at www.sec.gov. Except as otherwise required by applicable law, AleAnna disclaims any duty to update any forward-looking statements, all expressly qualified by the statements in this section, to reflect events or circumstances after the date hereof.
Investor Relations Contact
Bill Dirks
wkdirks@aleannagroup.com
Website
https://www.aleannainc.com/
Source: GlobeNewswire (MIL-OSI)
NEW YORK, July 10, 2025 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced MTM Critical Metals Ltd (ASX: MTM; OTCQX: MTMCF), a pioneer in sustainable critical metals processing and recovery, has qualified to trade on the OTCQX® Best Market. MTM Critical Metals Ltd upgraded to OTCQX from the OTCQB® Venture Market.
MTM Critical Metals Ltd begins trading today on OTCQX under the symbol “MTMCF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
The OTCQX Market is designed for established, investor-focused U.S. and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX Market from the OTCQB Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors.
“We are pleased to announce our upgrade to the OTCQX Market. With a growing number of US investors, this further enhances the accessibility and visibility of our shares to both institutional and retail investors and it provides them with an opportunity to participate in MTM’s growth. As a disruptor in the metal processing sector with our Flash Joule Heating technology, we look forward to sharing our equity story and warmly welcoming new investors to join us on this journey,” said Michael Walshe, Managing Director.
About MTM Critical Metals Ltd
MTM Critical Metals Ltd is a pioneer in sustainable critical metals processing and recovery, serving advanced industries such as semiconductors, e-waste recycling and military defense. The company’s proprietary Flash Joule Heating (FJH) technology offers a groundbreaking, low-carbon method for efficiently extracting critical materials, including rare earth elements, gallium, germanium, and other valuable metals, from mineral ore concentrates and high-value waste streams. These materials are vital for the production of semiconductors, advanced electronics, and defense systems. Through its U.S.-based subsidiary, Flash Metals, located in Houston, the company is advancing efforts to recover gallium, germanium and rare earth elements from domestic waste streams, contributing to the resilience and security of North America’s critical materials supply chain. The company will be able to recover high value precious metals such as gold, silver and platinum from e-waste which will generate near term revenue for the business. It continues to hold mineral exploration licenses in Australia and Canada.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our public markets: OTCQX® Best Market, OTCQB® Venture Market, OTCID™ Basic Market and Pink Limited Market.
Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.
OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATS are each SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC. To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.
Subscribe to the OTC Markets RSS Feed
Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com
Source: GlobeNewswire (MIL-OSI)
NEW YORK, July 10, 2025 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced MTM Critical Metals Ltd (ASX: MTM; OTCQX: MTMCF), a pioneer in sustainable critical metals processing and recovery, has qualified to trade on the OTCQX® Best Market. MTM Critical Metals Ltd upgraded to OTCQX from the OTCQB® Venture Market.
MTM Critical Metals Ltd begins trading today on OTCQX under the symbol “MTMCF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
The OTCQX Market is designed for established, investor-focused U.S. and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX Market from the OTCQB Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors.
“We are pleased to announce our upgrade to the OTCQX Market. With a growing number of US investors, this further enhances the accessibility and visibility of our shares to both institutional and retail investors and it provides them with an opportunity to participate in MTM’s growth. As a disruptor in the metal processing sector with our Flash Joule Heating technology, we look forward to sharing our equity story and warmly welcoming new investors to join us on this journey,” said Michael Walshe, Managing Director.
About MTM Critical Metals Ltd
MTM Critical Metals Ltd is a pioneer in sustainable critical metals processing and recovery, serving advanced industries such as semiconductors, e-waste recycling and military defense. The company’s proprietary Flash Joule Heating (FJH) technology offers a groundbreaking, low-carbon method for efficiently extracting critical materials, including rare earth elements, gallium, germanium, and other valuable metals, from mineral ore concentrates and high-value waste streams. These materials are vital for the production of semiconductors, advanced electronics, and defense systems. Through its U.S.-based subsidiary, Flash Metals, located in Houston, the company is advancing efforts to recover gallium, germanium and rare earth elements from domestic waste streams, contributing to the resilience and security of North America’s critical materials supply chain. The company will be able to recover high value precious metals such as gold, silver and platinum from e-waste which will generate near term revenue for the business. It continues to hold mineral exploration licenses in Australia and Canada.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our public markets: OTCQX® Best Market, OTCQB® Venture Market, OTCID™ Basic Market and Pink Limited Market.
Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.
OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATS are each SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC. To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.
Subscribe to the OTC Markets RSS Feed
Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com
Source: GlobeNewswire (MIL-OSI)
NEW YORK, July 10, 2025 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Reckitt Benckiser Group plc (“Reckitt”) (LSE: RKT; OTCQX: RBGLY, RBGPF), the company behind some of the world’s best-loved consumer health and hygiene brands, has qualified to trade on the OTCQX® Best Market. Reckitt upgraded to OTCQX from the Pink® market.
Reckitt begins trading today on OTCQX under the symbols “RBGLY” and “RBGPF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.
“We are honored to announce the inclusion of Reckitt Benckiser Group Plc. on the OTCQX Market,” stated Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. “This important milestone represents a notable accomplishment for the company and underscores the strengthening relationship between European capital markets and U.S. investors in pursuit of diversified investment opportunities.”
About Reckitt
We make the products people trust to care for the ones they love. We are home to some of the world’s best-loved consumer health and hygiene brands, including Dettol, Durex, Finish, Gaviscon, Harpic, Lysol, Mucinex, Nurofen, Strepsils, Vanish and Veet. Consumers are at the heart of everything we do. By creating innovative, science-backed solutions, we support people every day to live healthier lives.
Reckitt exists to protect, heal and nurture in the pursuit of a cleaner, healthier world. This commitment goes beyond the products we make. Through our actions, we expand access to healthcare, education and economic opportunities. We support the planet by reducing waste, conserving resources and driving sustainable innovation.
We believe good health starts at home. With every action we take, we strive to make our consumers’ lives easier, cleaner and healthier, to strengthen communities and to create a more sustainable future.
Find out more or get in touch with us at www.reckitt.com.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our public markets: OTCQX® Best Market, OTCQB® Venture Market, OTCID™ Basic Market and Pink Limited Market.
Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.
OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATS are each SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC. To learn more about how we create better informed and more efficient markets, visit
www.otcmarkets.com.
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Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com
Source: GlobeNewswire (MIL-OSI)
EVANSVILLE, Ind., July 10, 2025 (GLOBE NEWSWIRE) — As Americans make their travel plans this summer, First Federal Savings Bank and the Independent Community Bankers of America (ICBA) are sharing planning tips for consumers to minimize unwanted surprises during travel to maximize their enjoyment as they venture away from home.
“Planning for the unexpected is the key to lessen the financial impact and increase your peace of mind when traveling domestic or abroad. Important factors are trip delays, lost or damaged merchandise, and last-minute expenses,” said Courtney Schmitt, VP, Marketing Manager at First Federal Savings Bank. “Call on First Federal Savings Bank and our expert staff who can offer support if you encounter an unforeseen expense during your travels.”
ICBA and First Federal Savings Bank urge consumers to consider these 10 tips before departing for their next trip:
*Data rates may apply
About First Federal Savings Bank Member FDIC
First Federal Savings Bank was established on Evansville, Indiana’s Westside in 1904. A community bank offering eight locations in Posey, Vanderburgh, Warrick, and Henderson County. First Federal Savings Bank is also proud to offer Home Building Savings Bank locations in Daviess and Pike County.
About ICBA
The Independent Community Bankers of America® has one mission: to create and promote an environment where community banks flourish. We power the potential of the nation’s community banks through effective advocacy, education, and innovation.
As local and trusted sources of credit, America’s community banks leverage their relationship-based business model and innovative offerings to channel deposits into the neighborhoods they serve, creating jobs, fostering economic prosperity, and fueling their customers’ financial goals and dreams. For more information, visit ICBA’s website at icba.org.
Source: GlobeNewswire (MIL-OSI)
EVANSVILLE, Ind., July 10, 2025 (GLOBE NEWSWIRE) — As Americans make their travel plans this summer, First Federal Savings Bank and the Independent Community Bankers of America (ICBA) are sharing planning tips for consumers to minimize unwanted surprises during travel to maximize their enjoyment as they venture away from home.
“Planning for the unexpected is the key to lessen the financial impact and increase your peace of mind when traveling domestic or abroad. Important factors are trip delays, lost or damaged merchandise, and last-minute expenses,” said Courtney Schmitt, VP, Marketing Manager at First Federal Savings Bank. “Call on First Federal Savings Bank and our expert staff who can offer support if you encounter an unforeseen expense during your travels.”
ICBA and First Federal Savings Bank urge consumers to consider these 10 tips before departing for their next trip:
*Data rates may apply
About First Federal Savings Bank Member FDIC
First Federal Savings Bank was established on Evansville, Indiana’s Westside in 1904. A community bank offering eight locations in Posey, Vanderburgh, Warrick, and Henderson County. First Federal Savings Bank is also proud to offer Home Building Savings Bank locations in Daviess and Pike County.
About ICBA
The Independent Community Bankers of America® has one mission: to create and promote an environment where community banks flourish. We power the potential of the nation’s community banks through effective advocacy, education, and innovation.
As local and trusted sources of credit, America’s community banks leverage their relationship-based business model and innovative offerings to channel deposits into the neighborhoods they serve, creating jobs, fostering economic prosperity, and fueling their customers’ financial goals and dreams. For more information, visit ICBA’s website at icba.org.
Source: GlobeNewswire (MIL-OSI)
VICTORIA, Seychelles, July 10, 2025 (GLOBE NEWSWIRE) — Vixor has officially launched its $2 million Seed Round, raising capital to fuel the growth of its free, fully automated market-making platform. With this raise, Vixor aims to help crypto projects of all sizes take full control of their liquidity strategies without the high costs, opacity, and inefficiency that have long plagued traditional market-making services.
Vixor is tackling one of the most persistent challenges in crypto — the inability of smaller teams to build and sustain liquid, transparent, and healthy token markets. By offering an AI-powered, automated, and completely free platform, Vixor removes the need for expensive retainers and middlemen while giving projects the tools to thrive on their own terms.
At the center of the platform is VXR, Vixor’s utility token, which unlocks access and drives ecosystem growth. Seed Round investors can acquire VXR at just $0.10 per token, an 80% discount compared to the planned token generation event price of $0.50. This marks the beginning of Vixor’s larger $10 million fundraising strategy and offers early supporters the most advantageous entry point.
The capital raised will accelerate product development, expand Vixor into new markets, and strengthen the VXR token economy. Around 35% of proceeds are earmarked for product and infrastructure, with another 25% devoted to marketing, community building, and user acquisition. Additional funds will cover exchange listings, liquidity provisioning, team expansion, and legal and compliance needs.
Vixor has already made waves by replacing outdated and costly market-making models with a transparent, efficient, and accessible alternative. Projects using Vixor benefit from real-time analytics, arbitrage protection, buyback and cash-out strategies, and seamless execution across more than 100 exchanges, all from one intuitive dashboard and completely free.
The Seed Round terms are designed to align with Vixor’s long-term vision of sustainable growth and adoption. Tokens are priced at $0.10 each, with a six-month cliff followed by 18 months of linear vesting. This structure rewards early believers while fostering platform stability over time.
Investors in this round are backing more than just a product; they’re supporting a movement to make liquidity fair, open, and efficient for every crypto project, regardless of size.
Vixor’s Seed Round is now live. To learn more and join the round, visit https://vixor.io.
Be part of the future of market-making and help bring transparent, automated liquidity to the entire crypto ecosystem.
Contact:
Vixor LTD
Baris Sonmez
official@vixor.io
Disclaimer: This content is provided by Vixor. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.
Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4ccdcdb0-4b58-4c7b-987a-69442876f240
Source: GlobeNewswire (MIL-OSI)
VICTORIA, Seychelles, July 10, 2025 (GLOBE NEWSWIRE) — Vixor has officially launched its $2 million Seed Round, raising capital to fuel the growth of its free, fully automated market-making platform. With this raise, Vixor aims to help crypto projects of all sizes take full control of their liquidity strategies without the high costs, opacity, and inefficiency that have long plagued traditional market-making services.
Vixor is tackling one of the most persistent challenges in crypto — the inability of smaller teams to build and sustain liquid, transparent, and healthy token markets. By offering an AI-powered, automated, and completely free platform, Vixor removes the need for expensive retainers and middlemen while giving projects the tools to thrive on their own terms.
At the center of the platform is VXR, Vixor’s utility token, which unlocks access and drives ecosystem growth. Seed Round investors can acquire VXR at just $0.10 per token, an 80% discount compared to the planned token generation event price of $0.50. This marks the beginning of Vixor’s larger $10 million fundraising strategy and offers early supporters the most advantageous entry point.
The capital raised will accelerate product development, expand Vixor into new markets, and strengthen the VXR token economy. Around 35% of proceeds are earmarked for product and infrastructure, with another 25% devoted to marketing, community building, and user acquisition. Additional funds will cover exchange listings, liquidity provisioning, team expansion, and legal and compliance needs.
Vixor has already made waves by replacing outdated and costly market-making models with a transparent, efficient, and accessible alternative. Projects using Vixor benefit from real-time analytics, arbitrage protection, buyback and cash-out strategies, and seamless execution across more than 100 exchanges, all from one intuitive dashboard and completely free.
The Seed Round terms are designed to align with Vixor’s long-term vision of sustainable growth and adoption. Tokens are priced at $0.10 each, with a six-month cliff followed by 18 months of linear vesting. This structure rewards early believers while fostering platform stability over time.
Investors in this round are backing more than just a product; they’re supporting a movement to make liquidity fair, open, and efficient for every crypto project, regardless of size.
Vixor’s Seed Round is now live. To learn more and join the round, visit https://vixor.io.
Be part of the future of market-making and help bring transparent, automated liquidity to the entire crypto ecosystem.
Contact:
Vixor LTD
Baris Sonmez
official@vixor.io
Disclaimer: This content is provided by Vixor. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.
Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4ccdcdb0-4b58-4c7b-987a-69442876f240
Source: United Kingdom – Executive Government & Departments
British investment boost in Ukraine to support security and prosperity of both countries
Two hundred British jobs will be created and another 700 safeguarded in a major defence deal between the UK and Ukraine to be signed at this year’s Ukraine Recovery Conference (URC).
The jobs at Thales in Belfast come as the UK and Ukraine successfully conclude the largest export credit agency-backed deal in Ukraine.
Supported by a £2.5 billion guarantee with a 19-year financing agreement, the funds can now be released. This enables the delivery of more than 5000 Air Defence missiles from British business Thales – in what is not only a major boost to the UK’s defence capabilities but will also keep Ukraine in the fight, boosting their defence against Russia’s illegal full-scale invasion.
Representing the Prime Minister at the conference, Deputy Prime Minister Angela Rayner and Minister for Exports Gareth Thomas will formally sign the agreement with the Government of Ukraine, marking a key milestone in the UK-Ukraine defence cooperation.
The deal delivers on this Government’s Plan for Change, by spending more on defence and creating jobs we will keep the country safe and boost economic growth.
In a speech at the conference in Rome, the Deputy Prime Minister will also reaffirm the UK’s bilateral assistance to Ukraine for the financial year 2025-2026 of up to £283 million. This will keep the country in the fight and ensure Ukrainians living through Russia’s illegal full-scale invasion have access to vital support across humanitarian, energy, stabilisation, reform, recovery and reconstruction needs.
As we continue to witness the enduring strength of the Ukrainian people, the UK stands by their side to provide the assistance their country needs to not only stay in the fight, but to rebuild and recover.
This announcement underlines our continued support for Ukraine – boosting their air defences against devastating drone and missile attacks and supporting the critical work to reconstruct this nation and provide the hope that they need.
This will also provide skilled jobs in the UK and is all part of our Plan for Change – bolstering the UK defence industry and strengthening our international ties.
This landmark agreement is a powerful example of how British expertise is supporting Ukraine’s defence and recovery while creating high-quality jobs at home.
By unlocking UKEF-backed finance, we’re enabling the delivery of vital equipment to Ukraine and strengthening our own defence industrial base.
It’s a clear demonstration of our Plan for Change in action—backing British business, boosting exports, and standing shoulder to shoulder with Ukraine in the face of Russian aggression.”
The UK will provide up to £10.5 million for the Governance Reform Programme and up to £1 million in support of Ukraine’s Green Transition Office in financial year 2025 to 2026 to help Ukraine reform for the future. £10.5 million will go towards efforts on rule of law, justice and anti-corruption while £1 million will fund work on green transition and energy, both supporting Ukraine on its path to becoming a prosperous, green and modern European nation.
During the conference, British International Investment (BII) will also confirm €30 million for MHP, a leading Ukrainian agribusiness. MHP employs over 30,000 people in Ukraine, with more than 40% being women. The loan will help them to safeguard jobs and boost resilience in the food and agriculture sectors during Russia’s full-scale invasion. MHP, Ukraine’s largest poultry and processed meat producer, exports to over 70 countries.
Underpinning much of these efforts, the UK will endorse the Government of Ukraine’s insurance agreement. This initiative seeks to make insurance more affordable and widely accessible for businesses, including those in the UK, helping to derisk their investments into Ukraine.
The UK is committed to supporting Ukraine win the war and the peace, emerging as a stronger, more prosperous and free nation, resilient to Russian threats. Our 100 Year Partnership, alongside the commitments made at URC, reaffirm the UK’s iron-clad support for Ukraine now and into the future.
In total, the UK has committed £18.3 billion for Ukraine with £13 billion in military support and £5.3 billion in non-military support.
Source: United Kingdom – Government Statements
UK Export Finance provides support for British exporters supplying a new multi-million pound renewable energy development.
Greater Changhua 2 is a 632 MW offshore wind farm comprised of both Greater Changhua 2a, which is operational, and Greater Changhua 2b, which is under construction
Export Credit Agency provides guarantee to develop one of Asia’s largest offshore wind sites
Backing of wind farm will unlock opportunities for British exporters, strengthening Britain’s position as a clean energy superpower
UK Export Finance (UKEF) is guaranteeing financing for a major offshore wind farm project in Taiwan, creating export opportunities for British businesses.
In support of the government’s Plan for Change and its mission to kickstart economic growth, UKEF – the UK government’s export credit agency – is providing a €146 million Buyer Credit Guarantee to assist the development of 632MW of renewable energy capacity off coast in the Taiwan Strait.
The deal enables British exporters Cadeler, CRP Subsea, Ordtek, and Cathie to secure contracts to provide specialised services and critical components.
It also supports jobs across the UK’s renewable energy supply chain, reinforcing Britain’s position as a global leader in the low-carbon transition – a key ambition set out in the government’s modern Industrial Strategy.
Ørsted, the lead sponsor for this project, is a great example of a business transforming from one reliant on fossil fuels to one based on renewable energy.
The new wind farm will result in reductions of carbon emissions estimated at 1,118,000 tonnes of carbon dioxide equivalent per year.
The project is being financed in collaboration with export credit agencies from Denmark, Norway, South Korea, and Taiwan.
This shows how Government is boosting exports in our key growth sectors and supporting jobs across the country as part of our Plan for Change.
This investment will enable British innovation in renewable technology to scale up Taiwan’s clean energy transition and follows our modern Industrial Strategy, which provides up to £13 billion of direct lending for UKEF to help businesses to export.
We’ve received very strong support from both international and local banks and export credit agencies for the project financing of Greater Changhua 2. This shows that there is a healthy appetite for premium assets with robust contractual structures, and it’s a clear sign that we’re working diligently to deliver on our divestment and partnerships programme.
As the ECA Coordinator and Documentation Bank for the multi-billion financing of the Greater Changhua 2 project, Crédit Agricole CIB reaffirms its strong commitment to the renewable energy sector. This landmark transaction highlights our dedication to supporting our clients and partners in delivering society’s clean energy needs. It underscores the strength of our collaboration with UKEF and the other European Export Credit Agencies, whose contribution have been key to the development of the offshore wind sector in the APAC region.
This announcement helps to deliver UKEF’s goal to provide at least £10 billion of financing for sustainable and renewable projects by 2030, enabling the UK to build export opportunities in clean growth sectors while supporting global decarbonisation efforts.
Media enquiries:
Source: Hong Kong Information Services
Financial Secretary Paul Chan today concluded his visit to Seoul by touring leading Korean innovation and technology (I&T) enterprise NAVER and Seoul’s Digital Media City.
NAVER engages in diverse fields such as electronic payments, e-commerce, fintech, information technology, cloud services, AI and robotics.
Mr Chan was briefed by the company’s management and research and development (R&D) heads on its development journey, technological innovations, application scenarios and future business directions.
He also had in-depth exchanges with them, and watched a demonstration of NAVER’s AI and robotics applications.
The Financial Secretary noted that Hong Kong is also making great strides in developing its AI sector and is actively enhancing the related infrastructure. Institutions such as the Hong Kong Science & Technology Parks and Cyberport are working to build a more vibrant I&T ecosystem.
He highlighted that under the “one country, two systems” principle, Hong Kong, being an international financial centre, offers a comprehensive range of fundraising options and a robust legal system that safeguards data and intellectual property rights.
Mr Chan welcomed NAVER to collaborate with Hong Kong partners in R&D and business development, and to leverage Hong Kong as a fundraising platform to support its international expansion.
The finance chief also visited Seoul’s Digital Media City where he met the management team to learn more about the project’s development history and future plans, and toured an exhibition showcasing how extended reality technology is being used to support urban development.
A project led by the Seoul Metropolitan Government, Digital Media City is home to numerous companies in digital media, film and entertainment, gaming and animation, information technology and more.
In addition, Mr Chan paid a courtesy call on Chinese Ambassador to the Republic of Korea Dai Bing, to brief him on Hong Kong’s latest social and economic developments as well as the recent trends in its economic and trade relations with Korea.
They also exchanged views on the global geopolitical and economic landscape, regional trade co-operation and the development of China-Korea relations.
Mr Chan will depart for Hong Kong in the evening.
Source: Hong Kong Information Services
Financial Secretary Paul Chan today concluded his visit to Seoul by touring leading Korean innovation and technology (I&T) enterprise NAVER and Seoul’s Digital Media City.
NAVER engages in diverse fields such as electronic payments, e-commerce, fintech, information technology, cloud services, AI and robotics.
Mr Chan was briefed by the company’s management and research and development (R&D) heads on its development journey, technological innovations, application scenarios and future business directions.
He also had in-depth exchanges with them, and watched a demonstration of NAVER’s AI and robotics applications.
The Financial Secretary noted that Hong Kong is also making great strides in developing its AI sector and is actively enhancing the related infrastructure. Institutions such as the Hong Kong Science & Technology Parks and Cyberport are working to build a more vibrant I&T ecosystem.
He highlighted that under the “one country, two systems” principle, Hong Kong, being an international financial centre, offers a comprehensive range of fundraising options and a robust legal system that safeguards data and intellectual property rights.
Mr Chan welcomed NAVER to collaborate with Hong Kong partners in R&D and business development, and to leverage Hong Kong as a fundraising platform to support its international expansion.
The finance chief also visited Seoul’s Digital Media City where he met the management team to learn more about the project’s development history and future plans, and toured an exhibition showcasing how extended reality technology is being used to support urban development.
A project led by the Seoul Metropolitan Government, Digital Media City is home to numerous companies in digital media, film and entertainment, gaming and animation, information technology and more.
In addition, Mr Chan paid a courtesy call on Chinese Ambassador to the Republic of Korea Dai Bing, to brief him on Hong Kong’s latest social and economic developments as well as the recent trends in its economic and trade relations with Korea.
They also exchanged views on the global geopolitical and economic landscape, regional trade co-operation and the development of China-Korea relations.
Mr Chan will depart for Hong Kong in the evening.
Source: Government of India
Source: Government of India (4)
Union Commerce and Industry Minister Piyush Goyal on Thursday underlined the government’s continued focus on empowering India’s farming community, citing multiple initiatives aimed at ensuring agricultural sustainability, better incomes, and global competitiveness.
Speaking at the 16th Agriculture Leadership Conclave in New Delhi, Goyal said over 25 crore Soil Health Cards have been distributed to farmers across the country, promoting balanced fertiliser use and improved productivity. The Kisan Credit Card scheme, he added, has enhanced access to institutional credit for millions of farmers.
Reiterating the Centre’s commitment to farmers, the minister said agriculture has remained central to the government’s development agenda under Prime Minister Narendra Modi. Direct income support under the PM-KISAN Samman Nidhi scheme, he noted, has benefited a large number of rural families.
To strengthen agri-marketing, Goyal said 1,400 mandis have been integrated with the e-NAM platform, offering farmers real-time price information and wider market access.
Goyal also highlighted efforts to keep fertilisers affordable, pointing to the continuation of subsidies and uninterrupted supply during the COVID-19 pandemic. Lauding farmers for maintaining stable agri-exports despite global headwinds, he said exports from agriculture, animal husbandry, and fisheries stood at ₹4 lakh crore in 2023–24.
Basmati rice, spices, fresh produce, fisheries, and poultry continued to drive agri-export growth, supported by trade deals with Australia, the UAE, EFTA countries, and the UK, he added.
Looking ahead, Goyal identified key growth areas including seed production, organic farming, and drip irrigation. He said digital technologies like AI, geospatial mapping, and weather forecasting tools are being integrated to modernise agriculture and empower Farmer Producer Organisations (FPOs).
The minister also stressed the need for value addition through food processing, branding, and improved packaging. He said the government is focusing on warehousing and storage infrastructure with dedicated funds for agriculture, fisheries, and animal husbandry.
“Under the vision of Viksit Bharat, agriculture will remain a core pillar of India’s growth story,” he stressed.
Source: Government of India
Source: Government of India (4)
Union Commerce and Industry Minister Piyush Goyal on Thursday underlined the government’s continued focus on empowering India’s farming community, citing multiple initiatives aimed at ensuring agricultural sustainability, better incomes, and global competitiveness.
Speaking at the 16th Agriculture Leadership Conclave in New Delhi, Goyal said over 25 crore Soil Health Cards have been distributed to farmers across the country, promoting balanced fertiliser use and improved productivity. The Kisan Credit Card scheme, he added, has enhanced access to institutional credit for millions of farmers.
Reiterating the Centre’s commitment to farmers, the minister said agriculture has remained central to the government’s development agenda under Prime Minister Narendra Modi. Direct income support under the PM-KISAN Samman Nidhi scheme, he noted, has benefited a large number of rural families.
To strengthen agri-marketing, Goyal said 1,400 mandis have been integrated with the e-NAM platform, offering farmers real-time price information and wider market access.
Goyal also highlighted efforts to keep fertilisers affordable, pointing to the continuation of subsidies and uninterrupted supply during the COVID-19 pandemic. Lauding farmers for maintaining stable agri-exports despite global headwinds, he said exports from agriculture, animal husbandry, and fisheries stood at ₹4 lakh crore in 2023–24.
Basmati rice, spices, fresh produce, fisheries, and poultry continued to drive agri-export growth, supported by trade deals with Australia, the UAE, EFTA countries, and the UK, he added.
Looking ahead, Goyal identified key growth areas including seed production, organic farming, and drip irrigation. He said digital technologies like AI, geospatial mapping, and weather forecasting tools are being integrated to modernise agriculture and empower Farmer Producer Organisations (FPOs).
The minister also stressed the need for value addition through food processing, branding, and improved packaging. He said the government is focusing on warehousing and storage infrastructure with dedicated funds for agriculture, fisheries, and animal husbandry.
“Under the vision of Viksit Bharat, agriculture will remain a core pillar of India’s growth story,” he stressed.
Source: GlobeNewswire (MIL-OSI)
CHANDLER, Ariz., July 10, 2025 (GLOBE NEWSWIRE) — Continuing to support the evolving needs of space system developers, Microchip Technology (Nasdaq: MCHP) has announced two new milestones for its Radiation-Tolerant (RT) PolarFire® technology: MIL-STD-883 Class B and QML Class Q qualification of the RT PolarFire RTPF500ZT FPGA and availability of engineering samples for the RT PolarFire System-on-Chip (SoC) FPGA. These achievements underscore the company’s more than 60 years of spaceflight heritage and its commitment to delivering highly reliable, low-power solutions for the most demanding space applications.
MIL-STD-883 Class B and Qualified Manufacturers List (QML) Class Q are industry standards that define rigorous testing and qualification processes for microelectronic components used in high-reliability applications, such as space and defense. MIL-STD-883, developed by the U.S. Department of Defense, outlines methods for environmental, mechanical and electrical testing to ensure device reliability under extreme conditions. QML Class Q, managed by the Defense Logistics Agency (DLA), certifies that manufacturers consistently produce components meeting these stringent requirements.
Unlike traditional SRAM-based FPGAs, RT PolarFire devices utilize nonvolatile technology, making them immune to configuration memory upsets caused by radiation. This eliminates the need for external mitigation measures, helping reduce system complexity and overall cost. RT PolarFire FPGAs consume up to 50% less power than mid-range SRAM-based alternatives, enabling satellite designers to optimize Size, Weight and Power (SWaP) without compromising mission-critical reliability. The PolarFire RTPF500ZT FPGA advances the family’s capabilities, offering enhanced Single Event Latch-up (SEL) radiation performance and increased robustness for inflight programming compared to the original RTPF500T.
“Microchip Technology has a proven track record of supporting critical space missions, spanning low Earth orbit, satellite platforms and deep space exploration,” said Shakeel Peera, vice president of marketing and strategy for Microchip’s FPGA business unit. “Our commitment to stringent quality standards, compliance with international regulations and long-term product reliability has solidified Microchip’s reputation as a trusted provider of aerospace hardware. As the industry demands higher performance, increased logic density and robust security, we remain dedicated to innovating solutions that address the evolving needs of modern space systems.”
Engineering samples of the RT PolarFire SoC FPGA further strengthen Microchip’s portfolio of space-qualified solutions. This SoC integrates a real-time, Linux®-capable, RISC-V®-based microprocessor subsystem with a flight-proven FPGA architecture, enabling both flexible software support and deterministic real-time performance. With a roadmap to QML Class V and Class Y, the RT PolarFire SoC FPGA is well suited for central satellite processing, avionics and payload control where high reliability is essential.
RT PolarFire devices are supported by the Libero® SoC Design Suite, a comprehensive IP library, reference designs and solution stacks tailored for space applications. RT PolarFire SoC FPGAs also integrate with Microchip’s Mi-V ecosystem for RISC-V development. Additionally, development kits and hardware platforms are available to facilitate rapid prototyping, hardware validation and system integration, enabling engineers to efficiently bring mission-critical space systems from concept to deployment.
Microchip’s latest milestones in radiation-tolerant FPGA technology reflect ongoing progress in addressing the stringent requirements of contemporary space missions. With a focus on continuous improvement and industry collaboration, the company is well positioned to support the next generation of satellite, avionics and deep space systems. Additional information, technical documentation, and development resources can be found on the Microchip radiation-tolerant FPGA website.
Pricing and Availability
Purchase directly from Microchip or contact a Microchip sales representative or authorized worldwide distributor.
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Translation. Region: Russian Federal
Source: Ministry of Economic Development (Russia) – Ministry of Economic Development (Russia) –
An important disclaimer is at the bottom of this article.
Deputy Prime Minister of the Russian Federation Alexander Novak, who oversees the North Caucasus Federal District, held the first meeting of the Organizing Committee for the preparation and holding of the Caucasus Investment Forum in 2026.
The event was attended by representatives of federal authorities, heads of regions that are part of the North Caucasus Federal District, top managers of the largest state corporations, members of business associations and public organizations, representatives of industry communities. According to the decision of the Organizing Committee for the preparation and holding of KIF-2026, next year the Forum will be held from 17 to 19 May in Mineralnye Vody at the MinvodyEXPO IEC.
The Caucasus Investment Forum is held in order to increase the investment potential of the North Caucasus Federal District and in the interests of its sustainable socio-economic development.
Opening the meeting, Deputy Prime Minister of the Russian Federation Alexander Novak thanked the organizers, members of the Organizing Committee, representatives of departments and companies that took part in organizing the Caucasus Investment Forum in 2025, noted the high assessment of the past event by the country’s leadership, the high-quality composition of the participants, including foreign ones. “The Caucasus Investment Forum 2025 in Mineralnye Vody was an important step forward – both in terms of organization and content. We were able to exceed the bar of last year, and this is the result of the teamwork of all participants. I thank the Organizing Committee, the Government of the Stavropol Territory and the Ministry of Economic Development of Russia for their contribution to the preparation of the Forum. Special thanks to the Roscongress Foundation, the team and partners – your support made the Forum meaningful and large-scale. The Vershina Award showed an increase in investor interest in the region – 266 applications from 49 regions. I consider it important to continue holding it in 2026. The youth program covered key areas – IT, science, entrepreneurship, tourism. This confirms that the Caucasus has a strong human resource. Today we are already starting preparations for KIF-2026 in order to hold it even more effectively,” noted Alexander Novak.
Adviser to the President of the Russian Federation, Executive Secretary of the Organizing Committee of the Caucasus Investment Forum Anton Kobyakov noted that the North Caucasus is a promising region with many growth points. “Among the areas of active development of the regions of the district are tourism, agriculture, employment. Systematic work on the infrastructure development of the North Caucasus continues. Holding the Caucasus Investment Forum opens up broad opportunities for cooperation between the North Caucasus Federal District and other regions of Russia, including in terms of attracting new economic partners and expanding prospects for the development of industrial and agricultural production, as well as strengthening the region’s position in the tourism market.”
The business program of KIF-2026 will be attended by heads of government bodies, representatives of Russian and international companies, mass media, youth and scientific communities. The forum will become a platform for negotiations and conclusion of business contracts for the purpose of developing investment projects and public-private partnerships in Russian regions.
The business program in 2026 will place special emphasis on expanding international economic cooperation, primarily with the countries of the Azov-Black Sea and Caspian basins. It is planned that representatives of these states will actively participate in the forum, which will open up new opportunities for creating international transport and logistics routes and implementing joint investment projects in such areas as mining, ecology and cultural interaction.
The organizer of the KIF is the Roscongress Foundation with the support of the Ministry of Economic Development of the Russian Federation.
The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of national and international congress, exhibition, business, public, youth, sporting, and cultural events, created in accordance with the decision of the President of the Russian Federation.
The Foundation was established in 2007 with the aim of promoting the development of economic potential, advancing national interests and strengthening the image of Russia. The Foundation comprehensively studies, analyzes, forms and covers issues of the Russian and global economic agenda. Provides administration and facilitates the promotion of business projects and attracting investments, promotes the development of social entrepreneurship and charitable projects.
The Foundation’s events bring together participants from 209 countries and territories, more than 15,000 media representatives work annually at Roscongress venues, and more than 5,000 experts in Russia and abroad are involved in analytical and expert work.
The Foundation interacts with UN structures and other international organizations. It develops multi-format cooperation with 226 foreign economic partners, associations of industrialists and entrepreneurs, financial, trade and business associations in 89 countries of the world, with 358 Russian public organizations, federal and regional executive and legislative bodies of the Russian Federation.
Official Telegram channels of the Roscongress Foundation: in Russian — t. me/Roscongress, in English — t. me/RoscongressDirect, in Spanish — t. me/RoscongressEsp, in Arabic — t. me/RosCongressArabic. Official website and Information and Analytical System of the Roscongress Foundation: roscongress.org.
Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.
Translation. Region: Russian Federal
Source: Government of the Russian Federation – Government of the Russian Federation –
An important disclaimer is at the bottom of this article.
The state corporation VEB.RF will provide preferential credit funds (with a Far Eastern subsidy) in the amount of 16 billion rubles for the construction of the world’s first interstate cable car, which will connect Russia and China across the Amur River. In addition, three more projects in the Amur Region and Primorye will be financed. The implementation of these projects will ensure the creation of more than 1 thousand jobs. The corresponding decision was made following a meeting of the Presidium of the Government Commission on the Socio-Economic Development of the Far East, chaired by Deputy Prime Minister – Plenipotentiary Representative of the President in the Far Eastern Federal District Yuri Trutnev.
“Attracting investment to the regions creates conditions for growth. We help all investors who are ready to work and develop the Far East, invest in the territory of Russia. Investors in the Far East receive a wide range of benefits provided by the conditions of preferential regimes, reimbursement of infrastructure costs. A number of projects significant for the Far East are already receiving preferential lending from the state corporation VEB.RF. We will continue to support investment projects aimed at developing the economy of the Far Eastern regions and improving the quality of life of Far Easterners,” said Yuri Trutnev.
“VEB.RF will provide preferential financing in the amount of more than 16 billion rubles for the construction of the world’s first interstate cable car, which will connect Russia and China via the Amur. Support will be provided, among other things, for the construction of a production and logistics complex in Belogorsk for the deep processing of soybeans and rapeseed, the creation of a fishing port on the Nazimov Peninsula in Vladivostok, and the construction of the Artem multimodal transport and logistics center in Primorsky Krai. The implementation of these projects will ensure the creation of more than 1,000 jobs,” said Artem Dovlatov, Deputy Chairman of VEB.RF.
The Blagoveshchensk-Heihe cable car construction project is the creation of the world’s first cable car that will connect not only neighboring cities, but also countries. The cross-border cable car is an innovative and high-tech infrastructure solution that facilitates communication between two neighboring countries. The project involves the construction of cable car stations and passenger terminals on opposite banks of the Amur River on the Russian and Chinese sides.
The project to create a cross-border cable car is being implemented within the framework of the intergovernmental agreement between Russia and China dated September 3, 2015. According to the design documentation, the journey along the future cable car from Blagoveshchensk to Heihe should take about three minutes, and the capacity of the cable car terminal will be 6,850 passengers per day, or up to 2.5 million passengers per year.
The project to build a production and logistics complex in the city of Belogorsk in the Amur Region will also receive preferential financing from the 16 billion rubles allocated by VEB.RF. Deep processing of soybeans and rapeseed will be organized at one of the largest processing plants in Russia. The new enterprise should be launched next year.
Two projects in Primorye will also receive support. The first is for the development of a fishing port on the Nazimov Peninsula (stage II) in Vladivostok. The project envisages the construction of a modern cold warehouse with a capacity of 25 thousand tons of one-time storage of fish products, a crab holding pool, and a site for storing refrigerated containers.
The second is the construction of the multimodal transport and logistics center “Artem”. The creation of a high-tech logistics complex includes the construction of modern railway, terminal, warehouse and customs infrastructure: a container site, 70 km long intra-terminal railway tracks with a connection to the Artem-Primorsky-1 and Artem-Primorsky-2 stations of the Far Eastern Railway.
Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.
Translation. Region: Russian Federal
Source: Government of the Russian Federation – Government of the Russian Federation –
An important disclaimer is at the bottom of this article.
Deputy Prime Minister Alexander Novak, who oversees the North Caucasus Federal District, held the first meeting of the organizing committee for the preparation and holding of the Caucasus Investment Forum in 2026.
The event was attended by representatives of federal authorities, heads of regions that are part of the North Caucasus Federal District, top managers of the largest state corporations, members of business associations and public organizations, and representatives of industry communities.
The Caucasus Investment Forum is held in order to increase the investment potential of the North Caucasus Federal District and in the interests of its sustainable socio-economic development.
Opening the meeting, Alexander Novak thanked the organizers, members of the organizing committee, representatives of departments and companies that took part in organizing the Caucasus Investment Forum in 2025, noted the high assessment of the past event by the country’s leadership, the high-quality composition of the participants, including foreign ones.
Over the three days, the forum was attended by over 4,100 people from 32 countries, including 1,450 representatives of Russian and foreign businesses, nine federal ministers, heads of four federal agencies, seven heads of constituent entities of the Russian Federation, as well as high-ranking delegations from Abkhazia, South Ossetia, Kazakhstan and Qatar. 86 agreements worth over 206 billion rubles were signed, including five agreements with international partners. The forum program covered over 78 events with the participation of 440 speakers and an emphasis on key development areas – from industry and logistics to education and healthcare. Particular attention was paid to the youth agenda: over 1,000 students from 40 universities in the country took part in a rich program dedicated to career development, leadership and creative industries.
“The Caucasus Investment Forum 2025 in Mineralnye Vody was an important step forward – both in terms of organization and content. We were able to exceed last year’s bar, and this is the result of the teamwork of all participants. The growth of investor interest in the region was demonstrated by the “Vershina” award – 266 applications from 49 regions. I believe it is important to continue holding it in 2026. The youth program covered key areas – IT, science, entrepreneurship, tourism. This confirms that the Caucasus has a strong human resource. Today, we are already starting preparations for the CIF-2026 in order to hold it even more effectively,” said Alexander Novak.
Adviser to the President, responsible secretary of the organizing committee of the KIF-2025 Anton Kobyakov emphasized that the development of the North Caucasus is among the strategic priorities. He paid attention to the participation of Russian regions in the future Caucasus Investment Forum.
“I expect that the subjects of the Russian Federation and companies interested in investing in the North Caucasus Federal District will take a more active part in the preparation and holding of KIF-2026. It is important to have a mutual movement here: on the one hand, the regions’ interest in the possibilities of the North Caucasus Federal District, on the other, the proactive position of the North Caucasus subjects and businesses themselves. It is necessary to present their projects more widely, attract partners, and form sustainable business ties. It is this approach – mutual interest and openness – that we will lay in the concept of the forum’s exhibition program and the basis of the invitation campaign for KIF-2026 participants,” said Anton Kobyakov.
The business program of KIF-2026 will be attended by heads of government bodies, representatives of Russian and international companies, mass media, youth and scientific communities. The forum will become a platform for negotiations and conclusion of business contracts for the purpose of developing investment projects and public-private partnerships in Russian regions.
The business program in 2026 will place special emphasis on expanding international economic cooperation, primarily with the countries of the Azov-Black Sea and Caspian basins. It is planned that representatives of these countries will actively participate in the forum, which will open up new opportunities for creating international transport and logistics routes and implementing joint investment projects in such areas as mining, ecology and cultural interaction.
According to the decision of the organizing committee for the preparation and holding of KIF-2026, next year the forum will be held from May 17 to 19 in the city of Mineralnye Vody at the MinvodyExpo IEC.
The organizer of the CIF is the Roscongress Foundation with the support of the Ministry of Economic Development.
Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.