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Category: Business

  • MIL-OSI United Kingdom: Government response to the Post Office Horizon IT Inquiry report

    Source: United Kingdom – Executive Government & Departments

    Government response

    Government response to the Post Office Horizon IT Inquiry report

    The Business and Trade Secretary and the Post Office Minister have issued statements in response to the publication of the Post Office Horizon IT Inquiry’s report.

    Business Secretary, Jonathan Reynolds, said:  

    The publication of the Post Office Horizon IT Inquiry’s report today by Sir Wyn and his team marks an important milestone for subpostmasters and their families.

    I welcome the publication today and am committed to ensuring wronged subpostmasters are given full, fair and prompt redress.

    The recommendations contained in Sir Wyn’s report require careful reflection, including on further action to complete the redress schemes. Government will promptly respond to the recommendations in full in Parliament.

    Post Office Minister, Gareth Thomas, said:

    I welcome the Inquiry’s publication today and pay tribute to Sir Wyn and his team for their comprehensive and penetrating work.

    We must never lose sight of the Horizon Scandal’s human impact on postmasters and their families, which the Inquiry has highlighted so well.

    Sir Wyn’s report highlights a series of failings by the Post Office and various governments. His recommendations are immensely helpful as a guide for what is needed to finish the job and we will respond in full to Parliament after carefully considering them.

    Updates to this page

    Published 8 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Certification Officer Annual Report 2024-2025

    Source: United Kingdom – Executive Government & Departments

    Press release

    Certification Officer Annual Report 2024-2025

    Annual Report to the Secretary of State for Business and Trade and the Chair of ACAS on the activities of the Certification Officer

    Certification Officer for Trade Unions and Employers’ Associations: press announcement

    The annual report of the Certification Officer, Sarah Bedwell, was laid before Parliament on 7 July 2025. The report describes the work of the Certification Officer in 2024/25 and includes statistical information relating to trade unions and employers’ associations for 2023 and 2024.

    Lists of trade unions and employers’ associations

    There were changes to the list of trade unions on the Certification Officer’s list with 4 trade unions being removed and 4 new organisations being added. Therefore, the total number of listed trade unions was 128, the same number as in the previous reporting year. The number of employers’ associations remained stable at 36 with no changes.

    Trade union membership and finances

    Reported trade union membership increased by 21.8% – from 5.5 million in 2022-2023 to 6.7 million in 2023-2024. However, this was mainly because of the inclusion of Unite the Union’s membership of 1.2 million which was not included last year.

    Total assets of trade unions saw a decrease of 1.3% from £2.30 billion to £2.27 billion.

    Political funds

    Twenty unions reported on their political funds. The total amount held in those political funds was £35.8 million, an increase of 7.8% compared to the previous year.

    Complaints

    The Certification Officer issued decisions on 13 complaints from members against their trade unions. Of these, 4 complaints were withdrawn by the applicants, 3 were struck out, 5 were dismissed following hearings and 1 was upheld with 1 enforcement order being made.

    Powers from the Trade Union Act 2016

    The amendments brought in by The Trade Union Act 2016 mean that trade unions and employers’ associations are required to pay a levy to fund the costs of the Certification Officer’s office. The second levy collection was completed in the reporting year.

    The total costs which need to be funded, for this year, through the third levy are £615,146, an increase on last year’s figure of £607,444 due to implementing the agreed public sector pay increase.

    The amendments also allow the Certification Officer to:

    • Consider whether an organisation has breached certain statutory responsibilities without having first received a complaint from a member of that organisation or another eligible party.
    • Impose a financial penalty order or conditional financial penalty order where she finds that an organisation has breached its statutory responsibilities and/or its rules.

    There was one breach of the statutory election requirements which was brought to the Certification Officer’s attention by the trade union concerned. The Certification Officer agreed that the breach had occurred and made an order to remedy the breach.

    The Certification Officer did not see cause to make any financial penalty or conditional financial penalty order in relation to any of the beaches that she found (either arising from members’ complaints or otherwise).

    Notes to editors:

    • The Certification Officer is the independent regulator for trade unions, appointed by the Secretary of State for Business and Trade. Sarah Bedwell was appointed to the post on 1 January 2018 and retired on 31 May 2025. Michael Kidd was appointed as Interim Certification Officer from 1 June 2025.

    • All figures are taken from the annual returns received from organisations during the reporting year.

    Please direct any press enquiries to:

    0330 109 3602, info@certoffice.org

    Updates to this page

    Published 8 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: City of York Council asked to adopt new Equity, Diversity and Inclusion Strategy

    Source: City of York

    City of York Council’s Executive will be asked to approve a new Equity, Diversity and Inclusion (EDI) Strategy for the council later this month [15 July].

    The strategy sets out the council’s approach to EDI, supporting the Council Plan priority on Equalities and Human Rights to provide equality of opportunity for all and ensure that residents and visitors can benefit from the city and its strengths.

    The development of the strategy is linked to other recent areas of action including the re-establishment of the Human Rights & Equalities Board, the council’s adoption of the Social Model of Disability and its Anti-Racism Action Plan and Gypsy and Traveller Action Plan.

    It also builds on the city’s designation and partnership working around York’s status as a City of Sanctuary, Human Rights City and pledge to be an Anti-Racist City, together with growing cross-partnership strengths in these areas.

    The strategy aims to help the council deliver services that are equally accessible to all customers; fulfil its obligations to consider how its work affects diverse communities and to reduce disadvantage for people with protected characteristics.

    The strategy also sets out the council’s approach to EDI in the workplace and will help guide staff in their day-to-day work.

    The draft strategy was updated in response to feedback from a public consultation earlier in the year, which received approximately 500 responses from residents and organisations.

    The consultation included dedicated focus groups with people with protected characteristics, including people with learning difficulties; older people; young adults; neurodivergent people; and members of the LGBTQIA+ community.

    Of the responses received, one in five respondents reported having experienced or witnessed intolerance or discrimination from the council, with three out of four agreeing that the council’s services are accessible to all its communities.

    A draft action plan has been created on each of the key elements of the strategy to ensure timely and measurable progress is made.

    Councillor Katie Lomas, Executive Member for Finance, Performance, Major Projects, Human Rights, Equality and Inclusion, said:

    We want York to be a place that celebrates diversity and includes everybody in the life of the city by ensuring they have access to the same opportunities and experiences.

    “Equalities and Human Rights are a core commitment within our Council Plan. We’re committed to achieving continuous improvement and equity across all our services and functions.

    “While the results of the recent consultation show that we still have more work to do to ensure that all the members of York’s diverse communities feel seen and heard, we look forward to continuing to work with colleagues, partners, community groups and local people to tackle discrimination, harassment and victimisation in all its forms.”

    MIL OSI United Kingdom –

  • MIL-OSI USA: Curiosity Blog, Sol 4588: Ridges and troughs

    Source: NASA

    Written by Lucy Thompson, APXS Collaborator and Senior Research Scientist at the University of New Brunswick, CanadaEarth planning date: Wednesday, July 2, 2025As we traverse the boxwork terrain, we are encountering a series of more resistant ridges/bedrock patches, and areas that are more rubbly and tend to form lower relief polygonal or trough-like features. We came into planning this morning in one of the trough-like features after another successful drive. The science team is interested in determining why we see these different geomorphological and erosional expressions. Is the rock that comprises the more resistant ridges and patches a different composition to the rock in the troughs and low relief areas? How do the rocks vary texturally? Might the resistant bedrock be an indicator of what we will encounter when we reach the large boxworks that we are driving towards?We managed to find a large enough area of rock to safely brush (target – “Guapay”), after which we will place APXS and MAHLI to determine the composition and texture. ChemCam will also analyze a different rock target, “Taltal” for chemistry and texture, and we will also acquire an accompanying Mastcam documentation image. The resistant ridge that we are planning to drive towards (“Volcan Pena Blanca”) and eventually investigate will be captured in a Mastcam mosaic. ChemCam will utilize their long-distance imaging capabilities to image the “Mishe Mokwa” butte off to the southeast of our current location, which likely contains bedrock layers that we will eventually pass through as we continue our climb up Mount Sharp.After a planned drive, taking us closer to the “Volcan Pena Blanca” ridge, MARDI will image the new terrain beneath the wheels, before we execute some atmospheric observations. Mastcam will make a tau observation to monitor dust in the atmosphere and Navcam will acquire a zenith movie. Standard DAN, RAD and REMS activities round out the plan.

    MIL OSI USA News –

  • MIL-OSI USA: Office of the Governor – News Release – Gov. Green Enacts Laws to Stabilize Property Insurance Market and Support Homeless Youth

    Source: US State of Hawaii

    HONOLULU – Governor Josh Green, M.D., today signed significant bills into law to stabilize the state’s property insurance market and expand essential resources for youth and young adults facing homelessness. As Hawai‘i continues to face a nuanced housing crisis, Governor Green’s administration remains committed to actively reducing barriers to safe, stable, reliable and insurable housing for all residents.

    SB 1044: RELATING TO THE STABILIZATION OF PROPERTY INSURANCE
    Due to the instability in the insurance market that has been exacerbated by local and national environmental disasters, Senate Bill 1044 (Act 296) aims to stabilize the state’s property insurance market amid escalating premiums and limited coverage options.

    “The rising cost of insurance has become yet another unbearable burden for Hawaiʻi and its residents over several years and mirrors a similar crisis on the mainland,” said Governor Green. “I am appreciative of the Legislature, the Hawaiʻi Insurance Division and all the passionate stakeholders for the dedicated and collaborative effort over the past two years as we addressed this challenge.”

    Act 296 reactivates the Hawaiʻi Hurricane Relief Fund (HHRF) to provide insurance coverage in scenarios where the private market fails to do so. Applications are now being accepted by the HHRF for Condominium and Townhouse Associations of Apartment Owners (AOAOs) seeking to obtain hurricane commercial property insurance coverage.

    “This bill is a lifeline for thousands of Hawai‘i residents crushed by soaring insurance costs — and finally gives them somewhere to turn,” said Senate Commerce and Consumer Protection Committee Chair Jarrett Keohokalole.

    Act 296 enhances the powers of the Hawaiʻi Property Insurance Association (HPIA) to provide additional coverage options, establishes the Condominium Loan Program to help buildings remain insurable, and mandates the Insurance Commissioner to conduct a comprehensive study aimed at developing sustainable strategies for market stabilization.

    “We targeted this bill to help the average condominium building, not the luxury high-rises,” said Representative Scot Z. Matayoshi, chair of the House Consumer Protection and Commerce Committee. “In addition to increasing the market capacity for insurance coverage, which will allow many associations to return to the lower-cost admitted market, this bill also contains a low-interest loan pilot program, encouraging condominiums to make specific high-impact repairs that should lower insurance premiums and raise unit values. The long-term solution is for condominiums to address essential repairs and deferred maintenance, which will help them secure insurance in the future and improve the lives of their residents.”

    Formed in 1993 in response to the devastation caused by Hurricane Iniki, the HHRF was established to address the gap in property insurance coverage created when many private insurers withdrew from the hurricane insurance market. As time passed and private insurers resumed offering hurricane coverage, the HHRF ceased operation and remained dormant. In 2024, Governor Green reactivated the HHRF to address the growing instability in the property insurance market caused by major climate events, rapidly rising premiums, and a decrease in available insurers, which created significant barriers to obtaining coverage for many AOAOs.

    “The HHRF board of directors worked tirelessly to get the program operational to bring additional coverage availability for the market. We anticipate this program can provide every eligible association with full coverage or a portion of their full coverage,” said Acting Insurance Commissioner Jerry Bump. “In just two weeks, we’ve seen pricing pressure and market competition significantly decrease the cost of coverage.”

    “The condominium community will now benefit from much-needed premium relief. As we have already seen in some of the initial submissions, properties of all sizes have seen upwards of 70% savings on their hurricane insurance,” added Alex McLaury, commercial insurance agent at ACW Group.

    To be eligible to apply for hurricane insurance under the HHRF, an AOAO must: (1) have been previously denied hurricane coverage by at least two state licensed insurance companies operating in Hawaiʻi; and (2) have buildings with a total insured value exceeding $10 million.

    Commercial property insurance policies offered under the HHRF are limited to hurricane coverage only and this is excess coverage that only can cover the portion of losses above $10 million. AOAOs must purchase separate primary insurance to cover hurricane losses up to $10 million. All applications must be submitted through a licensed insurance producer.

    More information about the HHRF, including frequently asked questions (FAQs), application and other forms are available at https://hhrf.hawaii.gov.

    HB 613: RELATING TO HOMELESS YOUTH
    House Bill 613 (Act 297) makes permanent the youth pilot program originally established under Act 130, Session Laws of Hawai‘i 2022. The measure creates a safe space and youth program in each county for youth and young adults experiencing or at risk of homelessness. These safe spaces will provide 24/7 access to lodging, meals, showers, medical and behavioral health services, as well as educational and employment support. Through the joint efforts of state and county departments, those in need of further support shall be connected to nonprofit institutions with the expertise to offer long-term support and shelter. Reports of this program will be submitted to the Legislature. Appropriations will be $871,016 for fiscal year 2026 and $1.8 million for fiscal year 2027.

    “This is how we break the cycle of homelessness,” said Governor Green. “By investing in people, especially our youth, we are shaping a future where everyone has a chance to thrive. This program shows what is possible when a community comes together with a purpose.”

    “House Bill 613 makes the Safe Places for Youth program permanent, providing 24-hour access to shelter, mental health care, education support, and job training for homeless youth,” said Representative Lisa Marten, chair of the House Committee on Human Services and Homelessness. “With continued services on Oʻahu and Hawaiʻi Island and plans to expand statewide, this program is a lifeline for our most vulnerable youth. I am thankful to all the advocates who made this possible.”

    The complete list of bills signed includes the following. Click the link to see full details of the bill enacted into law.

    SB 1231 (ACT 298) RELATING TO PARENTAGE

    Video of the Insurance Stabilization bill signing can be seen here.
    Video of the bill signing relating to Houseless Youth can be seen here.
    The Insurance Stabilization slide deck presented by the Governor can be viewed here.
    The slide deck for the bill relating to Houseless Youth can be viewed here.
    Photos of the bill signing ceremonies, courtesy Office of the Governor, will be uploaded here.

    MIL OSI USA News –

  • MIL-OSI USA: Six months after the LA fires, nation’s fastest residential cleanup nears completion as Governor Newsom signs streamlining executive order, joins local leaders to unveil blueprint for rebuilding

    Source: US State of California 2

    Jul 7, 2025

    Recovery moves into next phase with focused plan to fast-track reconstruction and support impacted communities

    What you need to know: Governor Newsom has announced that debris removal for the Los Angeles firestorm is now substantially complete just six months after the fires ignited and has signed a new executive order to further fast-track rebuilding homes and schools. The Governor announced a blueprint for recovery in partnership with Los Angeles County leaders. 

    LOS ANGELES – On the six month anniversary of the Eaton and Palisades fires, Governor Gavin Newsom today announced the substantial completion of the public debris removal program from more than 10,000 fire damaged parcels — marking the fastest major disaster cleanup in American history. The Governor also signed an executive order shepherding rebuilding homes and schools. He also joined local officials to unveil a new blueprint for recovery, a step-by-step plan to accelerate rebuilding and provide support to impacted families and communities. The near-completion of the public debris removal program comes months ahead of schedule.

    This is the biggest reform of the California mental health system in decades and will finally equip partners to deliver the results all Californians need and deserve. Treatment centers will prioritize mental health and substance use support in the community like never before. Now, it’s time to roll up our sleeves and begin implementing this critical reform – working closely with city and county leaders to ensure we see results.

    Governor Gavin Newsom

    “Visiting LA during the fires and in their devastating aftermath, I met with so many who despite facing so much loss and suffering themselves, were out helping their neighbors—delivering food, donating clothes, rescuing pets, opening up their homes to those who had lost theirs,” said First Partner Jennifer Siebel Newsom. “Although much has been accomplished already in this recovery effort, the work continues. In it, Angelenos continue to show each other—and the world—the very best of us.” 

    Historic debris removal operation 

    The LA Fires cleanup is the second largest in state history after the Camp Fire and was jointly managed by the Governor’s Office of Emergency Services (Cal OES) and United States Army Corps of Engineers, in partnership with Federal Emergency Management Agency (FEMA), as well Los Angeles County and City of Los Angeles. 
    Of the 12,048 total properties destroyed in the twin fires, 9,873 opted to participate in the cost-free public cleanup program and 1,982 opted to complete the work themselves. As of today 9,195 total have been cleared of debris with several hundred more awaiting erosion control measures and final sign-off.
    Any properties whose owner did not opt into the state-federal cleanup or remediate their parcel privately will be subject to a locally led city and county abatement process which is already underway.

    Billions of pounds of debris remediated

    The volume of ash, soot and structural debris cleaned up during this short time is nothing short of breathtaking.
    Crews removed more than 2.5 million tons — or 5.5 billion pounds — of ash, debris, metal, concrete, and contaminated soil in nine months’ time as part of California’s Consolidated Debris Removal Program. The total tonnage removed from the Eaton and Palisades Fires is equivalent to 92 Statues of Liberty. It is twice the amount removed from Ground Zero after 9/11.

    Prioritizing efficient rebuilding

    Today’s executive order fast-tracks the rebuilding of homes and schools affected by the disaster by suspending local permitting laws and building codes, at the request of local officials. The order: 

    • Expands suspensions of the Coastal Act and CEQA in the city of Los Angeles, creating parity among homeowners in the city and allowing homeowners to fast-track their entire rebuilding project.
    • Expands existing Coastal Act and CEQA exemptions to streamline rebuilding public schools, getting kids back in neighborhood public schools faster.
    • Exempts residents who are rebuilding homes from the requirement to install rooftop solar and battery storage systems to reduce up-front costs, while retaining the “Solar Ready” requirement to ensure these structures can support future installation of solar energy systems. 
    • Suspends changes to building codes that would go into effect on January 1, 2026, when not all homeowners will have finalized their plans to rebuild, to create certainty for homeowners and avoid the need to change plans, while retaining updated fire safety requirements.

    A blueprint for recovery 

    The progress made during this effort is due in large part to the unprecedented coordination among city, county, state, and federal partners.

    As the debris-removal work comes to an end and communities set their sights on the next phase of recovery, Los Angeles County embraces its role to lead local rebuilding efforts in unincorporated areas and foster conditions for a successful and equitable reconstruction and recovery in both city and county areas.

    The focus now shifts to the ongoing rebuilding process, where the state is actively supporting local officials in:

    • Identifying community needs for reconstruction
    • Specifying the magnitude and time-sensitivity of community needs, including needs for homeowners, residents, businesses and others.  
    • Defining priorities and what the county can do to move the needle and address identified needs
    • Communicating how it’s partnering to make reconstruction fast and affordable
    • Outlining an implementation roadmap 

    This blueprint will serve the near-term roadmap for the next 120 days, enabling the county to maintain the current pace for rebuilding and not be late to the needs of communities.  

    What they are saying

    “We have made tremendous progress in rebuilding our communities for the thousands of families who lost everything in the Eaton and Palisades fires, but to keep up this momentum, we are going to need more federal support. I will continue to push my colleagues in Congress to approve additional disaster assistance for California, because natural disasters don’t discriminate between red or blue states. We have always been there to help our neighbors, and it’s time for Congress to step up and deliver the disaster aid California needs.” – U.S. Senator Alex Padilla

    “For the past six months, as Los Angeles confronted the most devastating natural disaster in a generation, our communities have rallied to remind the world why we are the City of Angels. First responders, volunteers, friends, and neighbors helped recovery efforts, many of whom I’ve had the good fortune to meet and thank firsthand. In California, we have brought a sense of urgency to the cleanup and rebuilding, united in our goal of rising stronger from this ash and adversity. Senator Padilla and I continue to work with the Governor and the entire California delegation in Congress to supplement local efforts with the overdue federal disaster assistance needed to fully restore these vital neighborhoods,” – U.S. Senator Adam Schiff

    “Six months ago, our community was forever changed by the Los Angeles wildfires. Today, we remember the lives lost, the homes destroyed, and the bravery of those who stood in the face of unimaginable devastation. While we’ve made tremendous progress in delivering critical aid and coordinating relief on the ground, our work is far from over. We still face urgent challenges like securing affordable, long-term housing for those displaced. That’s why I’m incredibly grateful for Governor Newsom’s support and partnership as we fight for additional federal disaster aid to ensure that every survivor has the resources they need to recover and rebuild. As climate change fuels more frequent and devastating natural disasters across the country, we must remember that natural disasters have no political affiliations. And neither should our response. Every American deserves swift and fair federal aid no matter where they live or who they voted for.” – U.S. Representative Judy Chu

    “Reaching the six-month anniversary of the Los Angeles Wildfires reminds us that while recovery is a long journey, progress is possible when we stand together. From day one, Governor Newsom and his Administration have been true partners in this work, helping us cut red tape, bring resources to survivors, and rebuild with urgency and compassion. We have completed the fastest debris cleanup in California history and are now moving forward with an ambitious, people-first recovery blueprint. I remain committed to ensuring every affected community has the support they need to rebuild and thrive.” – Los Angeles County Board of Supervisors Chair Kathryn Barger

    “Six months ago, the Palisades and Eaton Fires put our communities to the ultimate test. In the face of colossal devastation, we witnessed the unshakable resilience of the human spirit. Our residents stood strong, banded together, and reminded us all of the power of community. Thanks to a close partnership with Governor Newsom, governmental coordination at every level, and tireless County teams, we’ve already led the fastest debris removal in history. This is the spirit of Los Angeles County — and our momentum will continue. Together, we are not just restoring what was lost — we are building back stronger, safer, and more united than ever.” – Los Angeles County Supervisor Lindsay Horvath

    “Six months ago, L.A. experienced one of the most unprecedented natural disasters in U.S. history. But this community—from Pacific Palisades to Malibu to Altadena—is resilient. We are L.A. strong. I want to thank Governor Newsom, Supervisor Barger, and all of our federal, state, County, non-profit and philanthropic partners for their collaboration as we continue to lead the fastest recovery in state history as we create clear and supportive pathways for homeowners to rebuild.” – Los Angeles Mayor Karen Bass

    “As we mark six months since the Eaton Fire, I want to thank Governor Newsom for his leadership and steadfast support. I also want to acknowledge our federal, state, and local partners—including Supervisor Kathryn Barger and her team, FEMA, the U.S. Army Corps of Engineers, CalOES, LA County Public Works, and our dedicated City of Pasadena team. Thanks to these strong partnerships, and the strength and heart of our local community, we have forged a path of recovery that is not only steady—it is, by all measures, unprecedented in its pace and coordination.” – Pasadena Mayor Victor Gordo

    “The City of Malibu is grateful for the cooperation of the Governor’s office during this extraordinary time. Additionally, the outstanding teamwork that has developed between the State of California, County of Los Angeles and our Federal partners, including the Army of Corp of Engineers, is something we can all be proud of. All levels of government have looked to find innovative ways to respond and work to create an efficient recovery. We are excited to continue our work to rebuild our communities and find ways to reduce rebuild costs by working together.” – Malibu Mayor Marianne Riggins

    “On this six-month anniversary of the Eaton Fire, I want to extend our sincere gratitude to our federal, state, and county partners, for their continued leadership and support. Thanks to their efforts, we’ve made significant progress toward recovery. Nevertheless, we recognize there is still critical work ahead to fully restore our impacted communities and Sierra Madre remains committed to that path.” – Sierra Madre Mayor Robert Parkhurst

    “This progress is a testament to the unwavering collaboration between FEMA, USACE, CalOES, L.A. County Department of Public Works and all of our federal, state, local and private sector partners. In my 28 years of emergency management, I’ve rarely seen such an effective and united response and recovery effort. Together, we are making significant strides in helping communities rebuild and restore their lives. The dedication and hard work of everyone involved exemplifies the true spirit of American resilience and determination, making this milestone possible.” – FEMA Region 9 Administrator Bob Fenton

    “Over the past six months, the U.S. Army Corps of Engineers, working closely with our federal, state, and local partners, has made significant progress in the Eaton and Palisades Fire debris removal mission. Together, we’ve safely and efficiently cleared thousands of fire-impacted properties, moving quickly to reduce hazards and help communities take the next steps toward recovery. This mission demonstrates what can be achieved through strong partnerships and a shared commitment to fast, safe, and effective operations. USACE remains fully committed to seeing this mission through to completion.” – Colonel Eric R. Swenson, United States Army Corps of Engineers
     

    California’s all-in efforts

    Since the first day these firestorms ignited, Governor Newsom has been on the ground leading an all-in state response and recovery. 

    The Governor deployed resources before the hurricane-force fires broke out – growing to over 16,000 boots on the ground at the peak of the state’s response. And in the hours that followed, Governor Newsom launched historic recovery and rebuilding efforts to help Los Angeles get back on its feet, faster. 

    Even before the fires were out, Governor Newsom worked closely with outgoing President Joe Biden to secure a Presidential Major Disaster Declaration and then coordinated with the Trump Administration to ensure comprehensive federal support for Los Angeles. 

    That work has paid dividends as the current pace of debris and hazardous waste removal is months ahead of the cleanup timeline for the Camp, Woolsey, Hill fires in 2019 and Tubbs Fire in 2017/18, which at the time were themselves the fastest of their kind. 

    State and federal officials worked hand in glove to clear hazardous waste from 9,000 homes in less than 30 days. At the project’s peak, as many as 500 crews of expert heavy equipment operators from the Army Corps of Engineers worked around the clock to rapidly clear ash, soot, and fire debris from structures damaged by the Eaton and Palisades fires. 

    By the numbers 

    • 16,000 first responders and recovery personnel deployed
    • $2.5 billion in Small Business Administration Assistance approved. 
    • $144.2 million in individual assistance disbursed
    • $100 million in dedicated community partnerships through LA Rises
    • 40,000 totals visitors to disaster recovery centers 
    • 30 days to clear properties of hazardous waste
    • 9,195 properties cleared of debris 
    • 2,300 homes cleared of debris 
    • 12,500 right of entry forms submitted 
    • 8 of 8 schools resumed in person instruction 
    • 9 of 9 water systems reactivated  

    California’s historic recovery and rebuilding efforts 

    Cutting red tape to help rebuild Los Angeles faster and stronger

    • The new executive order builds on prior orders to streamline the rebuilding of homes and businesses destroyed — suspending permitting and review requirements under the California Environmental Quality Act (CEQA) and the California Coastal Act. The Governor also issued an executive order further cutting red tape by reiterating that permitting requirements under the California Coastal Act are suspended for rebuilding efforts and directing the Coastal Commission not to issue guidance or take any action that interferes with or conflicts with the Governor’s executive orders. The Governor also issued an executive order removing administrative barriers, extending deadlines, and providing critical regulatory relief to help fire survivors rebuild, access essential services, and recover more quickly.

    Providing tax and mortgage relief to those impacted by the fires

    Fast-tracking temporary housing and protecting tenants

    • To help provide necessary shelter for those immediately impacted by the firestorms, the Governor issued an executive order to make it easier to streamline construction of accessory dwelling units, allow for more temporary trailers and other housing, and suspend fees for mobile home parks. Governor Newsom also issued an executive order that prohibited landlords in Los Angeles County from evicting tenants for sharing their rental with survivors displaced by the Los Angeles-area firestorms.
    • With an eye toward recovery, the Governor directed fast action on debris removal work and mitigating the potential for mudslides and flooding in areas burned. He also signed an executive order to allow expert federal hazmat crews to start cleaning up properties as a key step in getting people back to their properties safely. The Governor also issued an executive order to help mitigate risk of mudslides and flooding and protect communities by hastening efforts to remove debris, bolster flood defenses, and stabilize hillsides in affected areas. 

    Safeguarding survivors from price gouging

    Directing immediate state relief

    Getting kids back in the classroom

    Protecting victims from real estate speculators

    • The Governor issued an executive order to protect firestorm victims in the immediate aftermath of losing their homes from predatory land speculators making aggressive and unsolicited below-market cash offers to purchase their property.

    Helping businesses and workers get back on their feet

    The Governor issued an executive order to support small businesses and workers, by providing relief to help businesses recover quickly by deferring annual licensing fees and waiving other requirements that may impose barriers to recovery.

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    MIL OSI USA News –

  • MIL-OSI: Castellum and AmpliTech Group Announce Execution of Reseller Agreement

    Source: GlobeNewswire (MIL-OSI)

    VIENNA, Va., July 08, 2025 (GLOBE NEWSWIRE) — Castellum, Inc. (NYSE-American: CTM) (the “Company” and “Castellum”) and AmpliTech Group, Inc. (Nasdaq: AMPG) (“AmpliTech”) are pleased to jointly announce that the Company’s newly formed product subsidiary, Castellum Advanced Technology Products, Inc., has entered into a reseller agreement (the “Reseller Agreement”) with AmpliTech to resell AmpliTech’s products to Castellum’s clients.

    “We are thrilled to partner with AmpliTech and be able to resell AmpliTech’s products, including their world-class low noise amplifiers,” said Glen Ives, Chief Executive Officer of Castellum. “Arrangements such as this one are exactly why we recently established our new subsidiary, Castellum Advanced Technology Products, Inc., to both partner with great companies such as AmpliTech and also develop our own products internally.”

    “Castellum is an excellent partner for AmpliTech to be able to further penetrate the government market,” said Fawad Maqbool, Chief Executive Officer and Chief Technology Officer of AmpliTech.  “We believe that combining Castellum’s top-quality C5ISR capabilities with AmpliTech’s products is a winning combination for customers looking to deploy next-generation communications technology.”

    About AmpliTech Group, Inc. (Nasdaq: AMPG)

    AmpliTech Group, Inc. (Nasdaq: AMPG), comprising five divisions—AmpliTech Inc., Specialty Microwave, Spectrum Semiconductors Materials, AmpliTech Group Microwave Design Center, and AmpliTech Group True G Speed Services – is a leading designer, developer, manufacturer, and distributor of cutting-edge radio frequency (RF) microwave components and ORAN 5G network solutions. Serving global markets including satellite communications, telecommunications (5G & IoT), space exploration, defense, and quantum computing, AmpliTech Group is committed to advancing technology and innovation. For more information, please visit www.amplitechgroup.com.

    About Castellum, Inc. (NYSE-American: CTM):

    Castellum, Inc. (NYSE-American: CTM) is a cybersecurity, electronic warfare, and software engineering services company focused on the federal government – https://castellumus.com.

    Forward-Looking Statements:

    This release 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. All forward-looking statements are inherently uncertain, based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Words such as “will,” “would,” “believe,” and “expects,” and similar language or phrasing are indicative of forward-looking statements. These forward-looking statements are subject to risks, uncertainties, and other factors, many of which are outside of the Company’s control, that could cause actual results to differ (sometimes materially) from the results expressed or implied in the forward-looking statements, including, among others: the Company’s ability to generate revenue from the Reseller Agreement, the Company’s ability to effectively integrate and grow its acquired companies; its ability to identify additional acquisition targets and close additional acquisitions; the impact on the Company’s revenue due to a delay in the U.S. Congress approving a federal budget, operating under a prolonged continuing resolution, government shutdown, or breach of the debt ceiling, as well as the imposition by the U.S. government of sequestration in the absence of an approved budget; the ability of the U.S. federal government to unilaterally cancel a contract with or without cause, and more specifically, the potential impact of the U.S. DOGE Service Temporary Organization on government spending and terminating contracts for convenience. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in Item 1A. “Risk Factors” section of the Company’s recently filed Form 10-Q, Item 1A. “Risk Factors” in the Company’s most recent Form 10-K, and other filings with the Securities and Exchange Commission which can be viewed at www.sec.gov. These risks and uncertainties, or not closing the described potential equity financing in this press release, could cause the Company’s actual results to differ materially from those indicated in the forward-looking statements. Except to the extent required by law, we undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, a change in events, conditions, circumstances or assumptions underlying such statements, or otherwise.

    Castellum Contact:

    Glen Ives
    President and Chief Executive Officer
    Phone: (703) 752-6157
    info@castellumus.com
    https://castellumus.com

    The MIL Network –

  • MIL-OSI: RentRedi CEO Ryan Barone Named to Inman’s 2025 Future Leaders in Real Estate List

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) — RentRedi, the fastest-growing landlord software that makes renting easy for everyone, has announced that its Co-founder and CEO Ryan Barone was named to Inman’s Future Leaders in Real Estate list in the Technology & Data category. The award recognizes trailblazers who are reshaping the future of real estate through visionary leadership, innovation, and measurable impact.

    Recognized as an emerging leader transforming the real estate industry by forging new paths and redefining what’s possible, Barone’s inclusion in the Technology & Data category reflects his success in leveraging technology to deliver powerful tools to independent landlords and renters nationwide.

    Barone launched RentRedi after a frustrating experience trying to rent an apartment as a college student. What began as a tenant-focused app quickly evolved into a full-scale platform that addresses the needs of both landlords and renters. Today, RentRedi automates the entire renting lifecycle—listings, tenant screening, lease signing, rent collection, maintenance, and accounting—enabling landlords to manage properties remotely from anywhere in the world via web or mobile app.

    “Our mission is to become the go-to intelligence platform for smart landlords, empowering them to grow their businesses, gain financial freedom, and save time through automation and data-driven decisions,” said Barone. “At the same time, we’re helping landlords and tenants build stronger relationships and transforming the rental experience into one that works better for everyone.”

    RentRedi has earned a reputation as one of the most innovative and impactful companies in real estate technology, thanks in large part to its unique approach: releasing features based directly on user feedback and data-driven insights. Recent notable innovations include:

    • Credit Boost – The first rent reporting feature of its kind to report on-time rent payments to all three major credit bureaus (Equifax, Experian, TransUnion), helping tenants build credit and encouraging timely payments.
    • Accelerated Payouts – The only platform offering 2-day funding and same-day rent settlements included in its flat-rate pricing—no premium subscription required.
    • Custom Website Builder – Directly within the RentRedi platform, landlords can easily create branded and customized professional listing websites without requiring technical expertise, helping them stand out in a competitive market.
    • Real-Time Guidance from Real Data – Market and data insights like tenants using autopay pay on time 99% of the time (compared to 88% without it), and landlords using RentRedi’s screening process see on-time payments 17 days earlier on average show landlords how to optimize their businesses. Meanwhile, landlord surveys inform the industry on key trends and sentiments.

    By surfacing these kinds of metrics, RentRedi empowers landlords to take action to improve operations, strengthen tenant relationships, and grow their rental businesses. Barone’s leadership has turned RentRedi into not just a software tool, but a partner in success.

    With tens of thousands of landlords and hundreds of thousands of renters using the platform, RentRedi is redefining the landlord-tenant experience. Under Barone’s guidance, the company continues to transform the industry with a “need-to-have, not nice-to-have” philosophy that prioritizes simplicity, usability, and results.

    Earlier this year, RentRedi was also named to HousingWire’s 2025 Tech100 list, which celebrates the most innovative technology companies in housing. Together with Inman’s recognition of Ryan Barone as a Future Leader in Real Estate, these honors underscore how Barone’s vision and RentRedi’s user-driven, data-informed approach are setting new standards for what’s possible in rental housing.

    About RentRedi

    RentRedi offers an award-winning, comprehensive property management platform that simplifies the renting process for landlords and renters by automating and streamlining processes. Investors can quickly grow their rental businesses by using RentRedi’s all-in-one web and mobile app for rent collection, market listings, tenant screening, lease signing, maintenance coordination, and accounting. Tenants enjoy the convenience and benefits of RentRedi’s easy-to-use mobile app that allows them to pay rent, set up auto-pay, build credit by reporting rent payments to all three major credit bureaus, prequalify and sign leases, and submit 24/7 maintenance requests.

    Founded in 2016, RentRedi is VC-backed and a proven leader in the PropTech market. The company ranks No. 180 on the Inc. 5000 list and No. 13 on the Inc. 5000 Regionals list. It was also named an Inc. Power Partner in 2023 and 2024, and to Fast Company’s Next Big Things in Tech list in 2024, as well as HousingWire’s Tech100 list in 2025. To date, RentRedi has more than $28 billion in assets under management with nearly 200,000 landlords and tenants using its platform. The company partners with technology leaders such as Zillow, TransUnion, Experian, Equifax, Realtor.com, Lessen, Thumbtack, Plaid, and Stripe to create the best customer experience possible. For more information visit RentRedi.com.

    The MIL Network –

  • MIL-OSI Banking: Thales reinforces its leadership in eSIM and IoT connectivity with a ‘ready to use’ certified solution

    Source: Thales Group

    Headline: Thales reinforces its leadership in eSIM and IoT connectivity with a ‘ready to use’ certified solution

    With over 5.8 billion IoT cellular connections expected globally by 2030 (GSMA Intelligence), businesses and industries face growing pressure to deploy connected devices at scale — securely and efficiently. The SGP.32 IoT specification has been designed specifically to meet the unique needs of IoT devices by simplifying remote connectivity activation while maintaining high levels of trust. And more specifically, the GSMA eSA certification ensures that the eSIM product (hardware, firmware, OS, and cryptographic libraries) complies with strict security and functional requirements, recognised across the global mobile ecosystem.

    MIL OSI Global Banks –

  • MIL-OSI Banking: Thales reinforces its leadership in eSIM and IoT connectivity with a ‘ready to use’ certified solution

    Source: Thales Group

    Headline: Thales reinforces its leadership in eSIM and IoT connectivity with a ‘ready to use’ certified solution

    With over 5.8 billion IoT cellular connections expected globally by 2030 (GSMA Intelligence), businesses and industries face growing pressure to deploy connected devices at scale — securely and efficiently. The SGP.32 IoT specification has been designed specifically to meet the unique needs of IoT devices by simplifying remote connectivity activation while maintaining high levels of trust. And more specifically, the GSMA eSA certification ensures that the eSIM product (hardware, firmware, OS, and cryptographic libraries) complies with strict security and functional requirements, recognised across the global mobile ecosystem.

    MIL OSI Global Banks –

  • MIL-OSI United Kingdom: Chris Boardman reappointed as Chair for Sport England.

    Source: United Kingdom – Executive Government & Departments

    News story

    Chris Boardman reappointed as Chair for Sport England.

    The Secretary of State has reappointed Chris Boardman as Chair for Sport England for a term of four years from 22 July 2025 to 21 July 2029.

    Chris Boardman

    In 1992, Chris Boardman won Britain’s first Olympic cycling gold medal in 73 years. He went on to claim several world titles and wore the leader’s jersey in the Tour de France on three occasions before retiring in 2000.

    After his sporting career, Chris played a pivotal role in transforming British Cycling into a global powerhouse and founded Boardman Bikes. The eponymous brand quickly became Britain’s fastest-growing bike company and expanded its reach to over 80 countries. Chris’s passion for cycling evolved into a broader commitment to promoting active travel and helping people integrate physical activity into their daily lives. Collaborating closely with Regional Mayor Andy Burnham, he became Greater Manchester’s first Active Travel Commissioner. He later established Active Travel England on behalf of Prime Minister Boris Johnson.

    In addition to his role as England’s Active Travel Commissioner, Chris has chaired Sport England for the past four years, guiding the sector through the challenges of the pandemic and championing efforts to make sport and physical activity accessible to everyone—regardless of background or income.

    Updates to this page

    Published 8 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI Russia: HSE’s Project Management Course Receives International Accreditation

    Translation. Region: Russian Federal

    Source: State University “Higher School of Economics” –

    An important disclaimer is at the bottom of this article.

    The Higher School of Business of the National Research University Higher School of Economics has received accreditation for teaching the discipline “Project Management” according to the international standard IPMA ICB 4.0.

    Accreditation confirms that the Project Management course at the HSB complies with international standards: from the content of the course and the qualifications of teachers to the teaching materials. These requirements are recognized in more than 70 countries, including the USA, China, India, Germany, Great Britain and France.

    The Project Management course is implemented as part of various educational programs of the Higher School of Business of the National Research University Higher School of Economics – from bachelor’s and master’s degrees to professional retraining programs and MBA. Particular attention is paid to unified international approaches so that graduates can work in the global market and “speak” with colleagues in the same professional language.

    Project management has long gone beyond the scope of narrow professional tools. Today, it is the key to implementing changes and the basis for sustainable growth of companies in an unstable and rapidly changing environment. Modern project management requires specialists to be flexible, able to work with a high degree of uncertainty, think strategically, and have a wide range of methodological approaches – from classical to Agile and hybrid. All this forms the basis for teaching the Project Management discipline at the Higher School of Business of the National Research University Higher School of Economics.

    The certificate was issued for two years by the Russian Project Management Association SOVNET, the representative of the International Project Management Association (IPMA) in Russia since 1991. To obtain accreditation, the HSE provided a full set of training materials, and the teachers confirmed their qualifications by undergoing certification according to the IPMA system. The assessment was carried out by a commission of national experts authorized by IPMA.

    Ilyina Olga Nikolaevna

    Associate Professor of the Higher School of Business, National Research University Higher School of Economics, Director of the Project Management Center of the Higher School of Business, National Research University Higher School of Economics

    “Accreditation according to the international IPMA standard is a significant step for the HSB. It confirms that our approach to teaching project management meets the high requirements of the global professional community. For us, this is not only an assessment of quality, but also confirmation that we are developing education in accordance with global trends and preparing specialists who are able to work effectively in an international environment.”

    International accreditation confirms HSE’s commitment to high educational standards and strengthens its reputation as a first-choice business school.

    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.

    .

    MIL OSI Russia News –

  • MIL-OSI: Hyperscale Data Reports Approximately $11.2 Million in Bitcoin Mining Revenue Year to Date, Including Approximately $1.5 Million for June 2025

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, July 08, 2025 (GLOBE NEWSWIRE) — Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced that its wholly owned subsidiary Sentinum, Inc. (“Sentinum”) received approximately 13.7 Bitcoin in the month of June 2025 and approximately 103.7 Bitcoin year to date (through June 30, 2025) from the mining pool to which Sentinum provides hash calculation services. Revenue is calculated daily based upon the number of Bitcoin earned that day at the value of Bitcoin on such date.

    As previously announced, Sentinum entered into a hosting services agreement with a service provider in Montana to provide Sentinum with operations and asset management services and access to approximately 20 megawatts (“MWs”) of energy capacity and other critical infrastructure to be used for Sentinum’s Bitcoin mining operations. Sentinum has delivered approximately 6,800 Antminers (“Antminers”) to the service provider’s data center, which have been installed and are ready for operation. In addition, Sentinum recently completed the reenergizing of approximately 10 MWs of power at its Montana facility and resumed Bitcoin mining operations, with approximately 2,600 Antminers operational today, which is anticipated to be increased to approximately 3,200 Antminers by the end of July 2025.

    “The activation of two additional Bitcoin mining sites marks a significant step forward for our Bitcoin mining operations, with approximately 18,200 Antminers operational,” said William Horne, CEO of Hyperscale Data. “With approximately $11.2 million in year-to-date Bitcoin mining revenue, and a significant increase in expected topline revenue for the third and fourth quarters of 2025, we’re demonstrating the strength of our infrastructure and the momentum behind our strategy. We remain committed to maximizing efficiency and delivering long-term value to our stockholders.”

    Hyperscale Data notes that all estimates and other projections are subject to the volatility in Bitcoin’s market price, the fluctuation in the mining difficulty level, the ability to deliver and provide the necessary power for miners, the obligation to deliver Bitcoin mined as payment towards fees and deposits until paid in full, full utilization of the miners, which includes the right of our service provider to turn off Antminers when energy prices are unfavorable for Bitcoin mining, and other factors that may impact the results of Bitcoin mining production or operations. In addition, Hyperscale Data cautions that revenue will only be recognized to the extent that Bitcoin (or cash upon the sale of Bitcoin) is deposited into our account, which amount will be less than the value of all Bitcoin mined.

    For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.

    About Hyperscale Data, Inc.

    Through its wholly owned subsidiary Sentinum, Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging artificial intelligence (“AI”) ecosystems and other industries. Hyperscale Data’s other wholly owned subsidiary, Ault Capital Group, Inc. (“ACG”), is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.

    Hyperscale Data expects to divest itself of ACG on or about December 31, 2025 (the “Divestiture”). Upon the occurrence of the Divestiture, the Company would solely be an owner and operator of data centers to support high-performance computing services, though it may at that time continue to operate in the digital asset space as described in the Company’s filings with the SEC. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

    On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the “Series F Preferred Stock”) to all common stockholders and holders of the Series C Convertible Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the “ACG Shares”). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be stockholders of ACG upon the occurrence of the Divestiture.

    Forward-Looking Statements

    This press release 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. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

    Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at hyperscaledata.com.

    Hyperscale Data Investor Contact:
    IR@hyperscaledata.com or 1-888-753-2235

    The MIL Network –

  • MIL-OSI Russia: Innovations in Materials Science. International Conference Held at Polytechnic University

    Translation. Region: Russian Federal

    Source: Peter the Great St. Petersburg Polytechnic University –

    An important disclaimer is at the bottom of this article.

    From July 4 to 6, the Polytechnic University hosted the international scientific conference “Implementation of Innovations. New Materials and Additive Technologies” (VINMiAT-25). Scientists and experts in the field of materials science discussed the latest achievements in the creation of new materials and equipment design.

    The organizers were the Ministry of Science and Higher Education of the Russian Federation, the Russian Academy of Sciences, the National Academy of Sciences of Belarus, PJSC Gazprom and SPbPU.

    The conference considered modern achievements of science and technology in the field of physical and chemical processes for obtaining new materials and designing technological equipment, problems of implementation and commercialization of innovative technologies of the country’s fuel and energy complex, as well as new approaches to solving urgent problems in modern materials science.

    The plenary session was held in the research building of Technopolis Polytech. It was opened by the rector of SPbPU, academician of the Russian Academy of Sciences Andrey Rudskoy.

    I am pleased to welcome you to the international scientific conference “Implementation of Innovations. New Materials and Additive Technologies”. This significant event brought together leading representatives of the scientific community, experts in the field of materials science, as well as students and postgraduates. I am confident that the results of our joint work will find practical application in various industries, contributing to the technological development of our country,” noted Andrey Rudskoy.

    The Deputy Head of Department of PJSC Gazprom, Maxim Nedzvetsky, gave a welcoming speech, expressing gratitude to the Polytechnic University for the excellent organization and emphasizing the relevance of the issues discussed.

    At the plenary session, Director of the Institute of Mechanical Engineering, Materials and Transport of SPbPU Anatoly Popovich made a report on the experience and prospects for the development of additive and laser technologies. As the chief designer of the Scientific and Technical Complex “New Materials, Technologies, Production” within the framework of the project “Strategic Technological Leadership”, Anatoly Popovich paid special attention to the manufacture, repair and restoration of components of power engineering in various ways. He also assessed the prospects for the development of the additive technology industry.

    Head of the Department of PJSC Gazprom Viktor Seredenok spoke about the implementation of innovative projects in the company. Associate Professor of the Higher School of Physics and Technology of Materials of the Institute of Metallurgical Engineering and Technology Oleg Panchenko gave a report “New Technological Approaches in Welding”. He presented a number of technologies that are being implemented at the Polytechnic University. These are electric arc welding with a consumable electrode with cold metal transfer and a non-consumable electrode with a focused arc, manual laser welding, friction stir welding of steels, as well as process automation technologies.

    Head of the structural division of the Russian Quantum Center (International Center for Quantum Optics and Quantum Technologies) Anton Guglya devoted his speech to quantum and related technologies in the oil and gas sector. Deputy Chief Engineer for Additive Technologies at UEC Aviadvigatel Alexander Aksenov shared his experience of using additive technologies in the company.

    Representatives from Russia, Uzbekistan, Belarus and China participated in the conference. Their work was organized into several sections:

    nature-like materials and additive technologies for their production; welding and related technologies; technology for producing powder, composite materials and coatings; equipment, automation and robotics of innovative technologies; physical and chemical processes and innovative technologies in modern materials science; implementation of innovations in high-tech products at PJSC Gazprom.

    Specialists from the research laboratory “LiAT” of IMMiT SPbPU presented three reports. The research group analyzed residual deformations of a welded joint using different welding methods. The report presented the results of the influence of the welding method on the level of residual deformations, energy input and the width of the heat-affected zone, as well as on technical and economic characteristics.

    A separate presentation was devoted to the restoration of nozzle blades made of cobalt and nickel alloy using laser cladding. SPbPU scientists created a laser cladding technology and developed measures to prevent cracks. The cladding blades successfully passed operational tests.

    Mikhail Kuznetsov, Head of the Research Laboratory “LiAT” of IMMiT, presented a series of robotic systems for the implementation of laser welding, laser cladding and direct laser deposition processes in industrial production conditions. Among the developments are the mobile laser cladding system “Nomad”, direct laser deposition systems, as well as laser and hybrid laser-arc welding. Special attention was paid to the laser foil welding system and the system for applying a porous coating to hip joint cups. The participants’ attention was drawn to examples of the systems’ application for solving industrial partners’ production problems.

    Participation in VINMiAT-2025 is very important for understanding the development trend of industry and science in the field of additive technologies, as well as identifying points of contact for further interaction with industry, commented Mikhail Kuznetsov.

    At the sections, experts considered various issues: research into the mechanical properties of continuously reinforced nature-like polymer composites, development of biocompatible titanium-tantalum composites using selective laser melting, 3D printing of metal products using melt extrusion technology, implementation of innovations at Gazprom Transgaz Saratov, the procedure for admitting MTRs for use at Gazprom facilities, modern solutions in instrument making using machine vision and FDM technology, and much more.

    A cruise on a motor ship with an excursion program was organized for the conference participants. A meeting was held on board the motor ship, where reports were presented by representatives of PAO Gazprom and its subsidiaries, scientific and educational institutions and enterprises.

    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.

    .

    MIL OSI Russia News –

  • MIL-OSI Russia: Financial news: What investors know about mutual funds: Bank of Russia survey

    Translation. Region: Russian Federal

    Source: Central Bank of Russia –

    An important disclaimer is at the bottom of this article.

    Bank of Russia will appreciate, how popular are mutual investment funds (MIF) among investors, from what sources do they get information about funds, and whether they are satisfied with the amount of information disclosed.

    The collective investment sector is one of the most dynamically developing in Russia. A mutual fund is the most convenient financial instrument for an investor, including a beginner. The investment process is simple: a future shareholder transfers his funds to a fund managed by a management company. A professional manager invests the received resources in various assets: securities, real estate, infrastructure projects and other instruments. The entry ticket to a mutual fund is small – you can start investing with just 5 rubles on hand.

    In order to increase interest in such an instrument, the Bank of Russia intends to analyze what sources an investor uses to obtain information about a mutual fund, how convenient and understandable such a financial instrument is. This will allow the regulator to further create conditions for increasing the availability of information for a wide range of investors and increase the attractiveness of investments in mutual funds.

    The Bank of Russia published report, where he identified possible scenarios for the development of the retail mutual fund market.

    Preview photo: Pixels Hunter / Shutterstock / Fotodom

    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.

    .

    MIL OSI Russia News –

  • MIL-OSI Russia: Ministry of Economic Development: SEZ residents almost doubled investments in 2024

    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.

    The Ministry of Economic Development of Russia sent to the Government report on the results of the work of special economic zones for 2024. Such analysis is carried out annually in accordance with the rules for assessing the effectiveness of the functioning of the SEZ, approved by the Government.

    The overall efficiency indicator was 90% (the functioning of the SEZ is considered effective if the overall calculated indicator is 80%).

    “In recent years, the number of SEZs in the country has increased significantly. New territories with a preferential regime have already been included in the rating, but have not yet reached full capacity. At the same time, residents are actively entering the “young” SEZs, expanding production and investing, creating highly paid jobs. Thus, the lion’s share of all investments in the SEZ in 2024 were provided by territories created in 2020-2022. It is important that businesses are increasing investments in the development of new technologies – R&D costs have grown by almost 60% and exceeded 35 billion rubles. This means that even in difficult conditions, companies continue to search for and implement innovative solutions, update products and develop new markets,” said Deputy Minister of Economic Development Svyatoslav Sorokin.

    According to the assessment results, the leaders in terms of efficiency for 2024 were industrial production zones in the Samara Region (Tolyatti), the Republic of Tatarstan (Alabuga), Moscow Region (Stupino Kvadrat), Ivanovo Region (Ivanovo), Lipetsk Region (Lipetsk), and Kaluga Region (Kaluga).

    “Special economic zones remain one of the most effective instruments of state support for investors. Last year, residents invested more than 1.2 trillion rubles in projects, which is twice as much as the year before. Over 25 thousand new jobs were created, which is 40% more than in 2023. These results confirm that businesses are comfortable working in SEZ conditions: these are tax and customs preferences, ready-made infrastructure, administrative support and reduced costs for connecting to resources. All this makes SEZ sites growth points and attractive for long-term investments,” Svyatoslav Sorokin emphasized.

    “Business investments are new high-tech production facilities, jobs, and taxes that we direct to the development of the social sphere and improving the quality of life of our citizens. And the special economic zone “Togliatti” with its opportunities and preferences is an effective tool for attracting private investment, a key growth point. The development of the capacities of the SEZ “Togliatti” will contribute to the development of the regional economy and increase the competitiveness of the region in the investment arena,” said the Governor of the Samara Region Vyacheslav Fedorishchev.

    “Of course, the preferences of the special economic zone play an important role when an investor chooses a location – these are both tax benefits and ready-made infrastructure. For us, the SEZ in Baikalsk has become part of the important work to create a new environmentally friendly business format on the former industrial site,” said Igor Kobzev, Governor of the Irkutsk Region. He also noted that there is currently a high interest from investors in the SEZ, in connection with which the regional authorities are preparing documents for the Ministry of Economic Development of the Russian Federation to expand the preferential regime zone.

    “The Saint Petersburg Special Economic Zone annually confirms its effectiveness, taking places in the top three special economic zones of the technology implementation type. We are the leader in the volume of tax deductions from our residents to the country’s budget system. This makes a significant contribution to the high assessment of our work. Over 19 years of operation, two operating sites of the SEZ have already brought Saint Petersburg 135 billion rubles in investments, almost 8 thousand jobs and about 29 billion rubles in tax deductions. The city sees the effect for Saint Petersburg and is interested in scaling up the project,” said Tamara Rondaleva, General Director of JSC Saint Petersburg Special Economic Zone.

    The efficiency assessment was carried out based on 25 quantitative indicators, as well as six calculated metrics, including: the performance of residents, the profitability of investments from budgets at all levels in the infrastructure of the zones, the efficiency of management bodies, the quality of planning during the creation of the SEZ, and the contribution to the achievement of national development goals defined by the May decree of the President of the Russian Federation.

    Every year new production facilities are opened in the territory of special economic zones. In 2024 alone, several socially significant and high-tech projects began operating at once.

    The production of televisions under the GigaFactory brand has started in the Novgorodskaya SEZ — this is the first and only enterprise of its kind in the region. The plant produces “smart” televisions based on a domestic operating system, which makes the project an important element of import substitution.

    On the territory of the SEZ “Lotus”, the company “Rybnye Korma” launched the first stage of the plant for the production of feed for industrial aquaculture – sturgeon, catfish, trout, salmon, sea bass and dorado. The production is focused on domestic raw materials, and the volume of feed production today is up to 25 thousand tons per year.

    The Krasnogorsky dairy plant has started operating in the Orenburg SEZ. The processing capacity is up to 150 tons of milk per day, the range is more than 50 types of dairy and fermented milk products. The products are supplied not only to retail chains in the Orenburg Region and neighboring regions, but also to Kazakhstan and China.

    The Petexpert plant, specializing in the production of high-quality pet food from natural raw materials, has opened in the Lipetsk SEZ. The enterprise produces up to 20 thousand tons of dry food per year and is developing regional exports.

    On the territory of the SEZ PPT “Alga” in Bashkortostan, the company “Azimut” launched an innovative plant for the production of road paint and cold plastic for marking. The production is located in the industrial park “Ufimsky” and is equipped with a modern laboratory and lines. The products are used in the implementation of federal and regional programs for the construction of transport infrastructure.

    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.

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    MIL OSI Russia News –

  • MIL-OSI Russia: Financial news: RUONIA Interest Rate Monitoring Committee Activity Report for the second half of 2024

    Translation. Region: Russian Federal

    Source: Central Bank of Russia –

    An important disclaimer is at the bottom of this article.

    The RUONIA Interest Rate Monitoring Committee, which includes representatives of the Bank of Russia and external representatives of the financial market, monitors the implementation of administrative functions in accordance with the principles for financial indicators of the International Organization of Securities Commissions.

    The main tasks of the Committee:

    monitoring the implementation of RUONIA administration functions; coordinating documents and procedures related to RUONIA administration; interacting with users of RUONIA, the urgent version of RUONIA and the RUONIA index.

    The composition of the Committee is formed in such a way as to eliminate potential conflicts of interest. The members of the Committee are appointed not on the basis of their official position, but based on their professional competencies. They participate in the work of the Committee personally and do not have the right to delegate their powers to other persons. The members of the Committee do not receive payment for their activities as members of the Committee.

    The appointment of the Committee members is based on the Order of the Chairman of the Bank of Russia. Its composition is valid until the re-issue of the Order of the Chairman of the Bank of Russia at the proposal of the Chairman of the Committee, the first deputies or deputy chairmen of the Bank of Russia, as well as the heads of the structural divisions of the Bank of Russia. The members of the Committee cannot be employees involved in the functions of collecting, processing, calculating the interest rate indicator and its publication. In addition, the members of the Committee cannot be employees of the structural divisions of the Bank of Russia, for which the RUONIA interest rate is involved in key business processes, including the development and implementation of monetary policy. External members of the Committee cannot be representatives of organizations from the list of RUONIA participants.

    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.

    .

    MIL OSI Russia News –

  • MIL-OSI Russia: On citizens’ appeals received by the Government of the Russian Federation in June 2025

    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.

    Additionally

    Information on the number of written and oral requests received from citizens from 01.06.2025 to 30.06.2025

    Summary of the topics of citizens’ appeals received for the period from 01.06.2025 to 30.06.2025

    Summary of the number of received citizen requests by territory for the period from 01.06.2025 to 30.06.2025

    In June 2025, the Government of the Russian Federation received 18,917 requests (including 18,125 in the form of an electronic document). Among them, 124 were collective, signed by 19,958 people.

    In terms of the volume of correspondence received in June, international topics were the leading ones. The second place was taken by letters devoted to the economic sphere, including road repair and construction, gasification and water supply of settlements. The authors of appeals on environmental issues focused on animal protection issues. In terms of housing and utilities, applicants complained about the increase in utility bills and criticized the work of management companies. There were requests to improve housing conditions and expand preferential mortgage lending programs. The number of letters concerning social security and health care increased. Issues of obtaining citizenship, as well as the activities of inquiry and investigation agencies, remained relevant in appeals.

    High activity in terms of the number of letters received per 10,000 residents was noted in the Central and Southern Federal Districts (especially in Moscow and Sevastopol, the Republic of Crimea, Volgograd and Moscow Regions), as well as in the Donetsk People’s Republic and Zaporozhye Region. The activity of residents of the Northwestern Federal District generally corresponds to the average indicator for Russia. Below average values were recorded in the Volga, Ural, Siberian, North Caucasian and Far Eastern Federal Districts, where the most active authors were those living in the Ulyanovsk and Tomsk Regions, Kamchatka and Stavropol Territories, the Republic of Bashkorostan, and the Khanty-Mansi Autonomous Okrug – Yugra.

    Based on the results of the review, the appeals were sent by the Office of the Government of the Russian Federation to federal executive authorities and their territorial divisions (5,319), to regional executive authorities (3,904), to local government bodies, prosecutor’s offices and other organizations (1,878). 574 appeals were taken under control.

    The most important, socially significant requests were sent to the secretariats of the Chairman of the Government of the Russian Federation and his deputies (203), the management of the Government Office (19) and the structural divisions of the Government Office (394).

    In June 2025, 739 responses were received on the results of reviewing citizens’ appeals, including 306 from executive authorities of the constituent entities of the Russian Federation. 77 responses reported a positive resolution of the issues raised or measures taken, 599 authors were given the necessary explanations. The facts stated by the applicants were confirmed in 18 cases, 52 applications were verified on-site, 17 officials were held accountable. Complaints were denied to 38 authors due to the lack of legal grounds, in 22 cases the stated facts were not confirmed. 25 letters were left for additional control. 11 appeals were reviewed in violation of the deadlines.

    As part of the work of the telephone reference service in June 2025, answers were provided to 1,668 inquiries.

    The reception office of the Government of the Russian Federation was visited by 93 people in one month.

    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.

    .

    MIL OSI Russia News –

  • MIL-OSI Russia: Financial news: The meeting of the National Financial Council took place (08.07.2025)

    Translation. Region: Russian Federal

    Source: Central Bank of Russia –

    An important disclaimer is at the bottom of this article.

    At its meeting on June 27, 2025, the National Financial Council (NFC) reviewed the Annual Report of the Bank of Russia for 2024, information from the Board of Directors of the Bank of Russia on the main issues of the Bank of Russia’s activities for the first quarter of 2025, as well as the report of the limited liability company “Management Company of the Banking Sector Consolidation Fund” for 2024.

    The meeting participants discussed the key stages of development of the Bank of Russia digital ruble platform project. During the NFS meeting, reports were heard on the development of the capital market, the digital financial assets market and its prospects. The risks of concentration of systemically important credit institutions were discussed, as well as the current status of the transition to the preferential use of Russian software and electronic products in the financial sector.

    The NFS approved the Bank of Russia’s report on expenses for 2024 for the maintenance of Bank of Russia employees, pension provision, personal insurance of Bank of Russia employees, capital investments and other administrative and economic needs, as well as the Bank of Russia’s regulations on accounting in the Bank of Russia.

    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.

    .

    MIL OSI Russia News –

  • MIL-OSI Russia: Vitaly Savelyev held a meeting with the participant of the second stream of the presidential program “Time of Heroes” Alexander Karamyshev

    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.

    Lieutenant Colonel Alexander Karamyshev – Hero of Russia, holder of the Order of Courage. Following the meeting, it was decided that Alexander would undergo an internship at Aeroflot.

    Vitaly Savelyev held a meeting with the participant of the second stream of the presidential program “Time of Heroes” Alexander Karamyshev

    July 8, 2025

    Vitaly Savelyev held a meeting with the participant of the second stream of the presidential program “Time of Heroes” Alexander Karamyshev

    July 8, 2025

    Lieutenant Colonel Alexander Karamyshev – Hero of Russia, Cavalier of the Order of Courage

    July 8, 2025

    Previous news Next news

    Vitaly Savelyev held a meeting with the participant of the second stream of the presidential program “Time of Heroes” Alexander Karamyshev

    The “Time of Heroes” program is implemented by the Higher School of Public Administration of the Presidential Academy. As part of the first stream, Deputy Prime Minister Vitaly Savelyev acted as a mentor to Hero of Russia Alexander Sheptukhin, who currently holds the post of advisor to the head of the Federal Air Transport Agency.

    “As part of my career, I would like to develop my professional competencies at Aeroflot. At the meeting, we agreed that a detailed plan for an internship at the airline would be developed in the direction in which I would be interested in reaching new heights,” noted Alexander Karamyshev.

    “It is a great honor for us that Alexander Karamyshev will undergo an internship in the transport industry structures. It is also a responsible task to support him in choosing the direction of his future activities. We will continue to provide him with all the necessary professional assistance and support,” Vitaly Savelyev emphasized.

    The goal of the program is to train managers from among the participants of the special military operation for subsequent work in state and municipal authorities, as well as state-owned companies. The program is implemented by the Higher School of Public Administration of the Presidential Academy in cooperation with the Senezh Management Workshop. The selection criteria for the training program were demonstrated heroism within the SVO, management experience and achievements in the military or civilian spheres, as well as the results of assessment activities to determine management potential.

    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.

    .

    MIL OSI Russia News –

  • MIL-OSI Asia-Pac: InvestHK signs MOU with Xi’an Hi-Tech Zone to foster Shaanxi-Hong Kong partnership in empowering enterprises’ global expansion (with photos)

    Source: Hong Kong Government special administrative region – 4

         Invest Hong Kong (InvestHK) today (July 8) cohosted the “Shaanxi-Hong Kong Collaboration: Leveraging Hong Kong Strengths to Support Shaanxi Tech Companies in Going Global” seminar in Xi’an, Shaanxi Province, in collaboration with the Hong Kong and Macao Affairs Office of the Shaanxi Provincial People’s Government and the Shaanxi Association for Science and Technology. The event was also co-organised by the Hong Kong Economic and Trade Office in Chengdu (CDETO), the Hong Kong Special Administrative Region (HKSAR) Government’s Shaanxi Liaison Unit, Shaanxi Province Xixian New Area Development and Construction Management Committee, and the Xi’an High-Tech Industries Development Zone Management Committee.
          
         The Director of the CDETO, Mr Enoch Yuen; the Director-General of the Hong Kong and Macao Affairs Office, Shaanxi Provincial Government, Ms Yao Hongjuan; and Vice President of the Shaanxi Association for Science and Technology Mr Lv Jianjun delivered welcome remarks to guests and the media. Mr Yuen said, “The National 14th Five-Year Plan explicitly designates Hong Kong as an international innovation and technology hub, while Shaanxi serves as a key national base for technology and industry, with strong capabilities in energy and chemical engineering, equipment manufacturing, and aerospace, among others. Both Hong Kong and Shaanxi place great importance on the development of the innovation and technology industry, and frequent high-level exchanges between the two places have continued to deepen in recent years. We look forward to deeper collaboration, leveraging Hong Kong’s strengths in taxation, finance, and global connectivity, while combining them with Shaanxi’s strong industrial foundation and innovative vitality, to achieve a mutually beneficial partnership.”
          
         Ms Yao stated that efforts will be made to actively promote and deepen economic, trade, and investment co-operation between Shaanxi and Hong Kong, particularly in the fields of innovation and technology, as well as new quality productive forces. These efforts aim to help enterprises in both regions seize development opportunities and achieve complementary advantages. Mr Lv also delivered remarks at the event.
          
         One of the key highlights of the event was the signing of a Memorandum of Understanding (MOU) between InvestHK and the Xi’an High-Tech Industries Development Zone Management Committee, marking a solid step forward for Shaanxi and Hong Kong in promoting the international development of enterprises in the central and western regions.
          
         Xi’an High-tech Zone is one of the first national high-tech zones approved by the State Council. In 2024, Xi’an High-tech Zone ranked fifth in the country and first in the central and western regions in the comprehensive evaluation of national high-tech zones. The zone focuses on developing innovative industries such as optoelectronic information, smart manufacturing, biomedicine, automobiles, new materials and energy. It has successfully built two “hundred-billion-level industrial clusters” in the automobile industry and electronic information. At present, the zone has become the world’s largest production base for flash memory chips and new energy vehicles.
          
         Under the MOU, the Xi’an High-Tech Industries Development Zone Management Committee will encourage enterprises in the zone to utilise Hong Kong as a base for expanding overseas business. InvestHK will provide enterprises with information on the business environment and policies in Hong Kong, as well as support services for companies investing and operating in Hong Kong. The signing of this MOU establishes a structured collaboration framework, combining Hong Kong’s unique strengths as an international financial centre and Xi’an High-Tech Zone’s innovation capabilities to empower enterprises in accessing global resources efficiently and seizing early opportunities in international markets.
          
         The Head of the Go Global Unit/Business and Talent Attraction/Investment Promotion of Western China of InvestHK, Mr Jason Gan, and the Director of the Science and Technology Innovation Bureau of the Xi’an High-Tech Industries Development Zone, Mr Gao Yuntian, signed the memorandum of co-operation on behalf of their respective sides. Mr Gan said after the signing, “There are tremendous opportunities for co-operation between Shaanxi and Hong Kong in developing new quality productive forces and contributing to China’s high-quality development. As a vital bridge between the Mainland and international markets, Hong Kong has long been committed to providing comprehensive support for Mainland innovation-driven enterprises. We hope to further leverage the complementary advantages of the two places to assist high-quality enterprises in the zone to go global via Hong Kong, and work together to explore new innovative co-operation.”
          
         The Head of Innovation & Technology of InvestHK, Mr Andy Wong, delivered a keynote speech and highlighted Hong Kong’s competitive edge in the I&T sector. “We possess a number of competitive advantages in developing innovation and technology, including world-class academic research and talent, cutting-edge R&D infrastructure, robust intellectual property protection, and the strong support of the HKSAR Government. In 2024, InvestHK supported 120 innovation and technology companies to set up or expand in Hong Kong, making it the top sector among those we assisted. This reflects the international community’s confidence in and recognition of Hong Kong’s I&T development, and further affirms the city’s strategic role as a two-way platform between the Mainland and global markets. Hong Kong’s innovation and technology sector has recently made remarkable progress in several areas. For example, the first batch of regulatory sandbox pilot projects for the low-altitude economy has been launched, serving as a new engine for Hong Kong’s future development. In addition, the city’s new drug approval mechanism has been updated to accelerate the market entry of new pharmaceuticals. I sincerely hope that I&T enterprises in Shaanxi will seize the diverse opportunities offered by Hong Kong to expand into international markets,” he said.

         Senior Manager of the Leasing and Operations Department of Hong Kong-Shenzhen Innovation and Technology Park Limited Mr Tandy Tan and Associate Director of the Research and Innovation Office of Hong Kong Polytechnic University Mr Victor Zhao also shared the opportunities of the Hong Kong Innovation and Technology Center and highlighted Hong Kong’s R&D capabilities in empowering new quality productive forces raised from Hong Kong universities. Deputy Director of the Science, Technology Innovation and New Economy Bureau, Shaanxi Province Xixian New Area Ms Han Ping also shared the latest developments on Shaanxi’s I&T industry construction centre.
          
         This event featured a panel discussion with industry leaders from professional services in Hong Kong, especially in financial professional services. Guest speakers from Hong Kong Exchanges and Clearing Limited, HSBC and Deloitte Tax shared insights on how Hong Kong’s financial and professional services can accelerate Mainland firms’ global expansion.
          
         The seminar included a dedicated exchange session to provide on-site consulting services for corporate representatives interested in expanding to Hong Kong. The event attracted 190 representatives from Shaanxi enterprises, institutions and local media.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Speech by CE at South China Morning Post China Conference 2025 (English only) (with photos/video)

    Source: Hong Kong Government special administrative region – 4

         Following is the speech by the Chief Executive, Mr John Lee, at the South China Morning Post China Conference 2025 today (July 8):

    Ms Catherine So (Chief Executive Officer of the South China Morning Post), Ms Tammy Tam (Editor-in-Chief of the South China Morning Post), Mr Steve Finch (President and Chief Executive Officer of Manulife Asia), distinguished guests, ladies and gentlemen, 

    Good morning. It’s a pleasure to join you here, once again, at the South China Morning Post’s annual China Conference – the 11th edition.

    More than 700 of you are here for this year’s gathering. Some 300s are joining us, virtually, at this forum for business, trade, finance, investment and technology. All of you keen on getting the latest intelligence and insights, developments and business opportunities – in Hong Kong, throughout China and beyond. 

    The theme of this China Conference is “Where Capital Meets Innovation” – an apt description of the strengths of China, our country, and how Hong Kong contributes to its rise. That provides the world with much-needed certainty, especially in this difficult time.

    This year’s international trade uncertainties, and chaos, may well continue amidst the rise of protectionism and unilateralism. The global economy is grappling with profound instability, escalating geopolitical risks and the wholesale reshaping of long-existing trading systems.

    In spite of a damaged global trade order, the expanding trade and capital flows of China, our country, help buoy the economy of the region and the world.

    The Mainland economy has sound fundamentals, a vast domestic market and the robust policies in place to withstand external challenges. In the first quarter of this year, the country’s GDP (Gross Domestic Product) grew by 5.4 per cent, and key economic indicators have kept improving since the beginning of the second quarter – simply said, China, our country, is well on its way to achieving the official growth target of around 5 per cent for 2025.

    As for Hong Kong, our economy expanded solidly by 3.1 per cent in the first quarter of 2025, supported by visible increases in exports and the resumption of moderate growth in overall investment expenditure. We forecast real GDP growth of 2 per cent to 3 per cent in this year.

    Last week, we celebrated the 28th anniversary of the Hong Kong Special Administrative Region’s establishment. That happy occasion was a welcome opportunity to thank our country for championing Hong Kong through the “one country, two systems” principle, as well as the national strategies and made-for-Hong Kong initiatives it supports us with.

    Last month, the World Competitiveness Yearbook ranked Hong Kong third in the world in global competitiveness, up two places from the previous year, and up four places from 2023.

    It marks Hong Kong’s return to the global top three for the first time since 2019, reflecting our commitment to change in face of today’s rising challenges.

    There’s a lot more to be grateful for. In April and May, Hong Kong’s merchandise exports showed double-digit, year-on-year growth, while visitor arrivals also brought double-digit, year-on-year increases in the second quarter.  

    And Hong Kong, in the first half of this year, has been the world’s largest IPO (initial public offering) fundraising market, raising over US$13 billion. That’s up a whopping 22 per cent, compared with the full-year figure last year.

    It speaks of Hong Kong’s long-standing appeal as a safe haven for Chinese and international capital and a bridge for global investors. 

    Hong Kong is, after all, the most internationalised city in the country. We offer the world a market-friendly business environment underpinned by the rule of law. We are the only common law jurisdiction in our country, with a legal system and regulatory regime similar to most global financial hubs. And we present business and investment advantages unmatched by any other city in the world.

    Last year, the total number of local registered companies reached its record high, surpassing 1.46 million. And the total number of non-local companies registered here also reached a record high, and was over 15 000. Both figures continue to show encouraging growth this year. 

    Since January 2023, Invest Hong Kong, our dedicated investment promotion agency, has assisted more than 1 300 Mainland and overseas companies in setting up or expanding their business in Hong Kong. These companies bring in foreign direct investment of over US$21 billion to our economy, creating over 19 000 jobs.

    When I assumed office as Chief Executive three years ago, I established the Office for Attracting Strategic Enterprises. My aim is to offer, through this Office, one-stop facilitation services and  tailor-made incentives to attract strategic enterprises to our city and foster innovation and economic growth. 

    The Office has brought in 84 strategic companies, from such high-tech industries as advanced manufacturing and new energy technology, AI and data science, fintech and life and health technology. The strategic companies will invest about US$6.4 billion in the next few years, creating over 20 000 jobs. 

    We also launched a new scheme in May this year to create a company re-domiciliation regime to attract companies to Hong Kong. It provides a convenient, safe and secure pathway for companies to re-domicile to Hong Kong. Different companies have already expressed their interest to the regime and two international insurance giants – as Mr Finch is surely aware – have announced they will officially re-domicile to Hong Kong. Good business always makes right decisions.

    These companies all gave their strong vote of confidence in the development of Hong Kong and the country, and will help attract a wealth of partners and related companies to this part of the globe.

    Another strong advantage Hong Kong offers to overseas companies here, old or new, is our easy access to the Mainland market. We are certainly a front runner in this regard. 

    That’s in no small part thanks to the Mainland and Hong Kong Closer Economic Partnership Arrangement, or CEPA, our de facto free trade agreement with the Mainland that provides preferential treatment to Hong Kong companies, facilitating smoother access to the Mainland’s vast market.

    A new amendment agreement under the CEPA Agreement on Trade in Services entered into force this March. It includes the removal of the qualifying period requirement on Hong Kong service suppliers in most sectors, meaning our many new companies can also benefit from the arrangement’s facilitation measures in accessing the Mainland market.

    Together with new initiatives that allow Hong Kong-invested enterprises to adopt Hong Kong law and choose Hong Kong as the seat for arbitration in their operation in a range of Mainland cities, CEPA provides a wide range of innovative enhancements that help a world of investors better capitalise on China’s growth opportunities, with the help of Hong Kong’s world-class professional services.

    Then there’s technological innovation, including artificial intelligence. AI advancements are transforming production, business and consumption patterns. They are redefining the core competitiveness of economies.

    These trends create new opportunities for Hong Kong, particularly in our deepening integration with the Guangdong-Hong Kong-Macao Greater Bay Area, a cluster city development that brings together Hong Kong, Macao, and nine southern cities on the Mainland.

    With a population exceeding 87 million and a GDP of more than US$2 trillion last year, similar to the size of the 10th largest economy in the world, the Greater Bay Area is among the most open and economically vibrant regions in the country. 

    The Shenzhen-Hong Kong-Guangzhou science and technology cluster, which includes three of the Greater Bay Area’s core cities, has been ranked second, globally, for five consecutive years in the Global Innovation Index, published by the World Intellectual Property Organization. 

    Drawing together Hong Kong’s research capabilities and business competitiveness, as well as the Mainland’s innovation and advanced manufacturing prowess, the Greater Bay Area endeavours to become a world-leading I&T (innovation and technology) hub.

    One spectacular example is the Hetao Shenzhen-Hong Kong Science and Technology Innovation Co-operation Zone, an area that straddles our boundary with Shenzhen. It will develop into a cutting-edge advanced technology centre that converges the strengths of Hong Kong and Shenzhen. Last November, the HKSAR (Hong Kong Special Administrative Region) Government published the Development Outline for the Hong Kong Park in the co-operation zone.

    The Park’s first three buildings have been completed, and the Greater Bay Area International Clinical Trial Institute opened last November at Hong Kong Park.

    That’s just the beginning. Artificial intelligence, new energy vehicles, the low-altitude economy, fintech, and more, are thriving in the Greater Bay Area. And as the Park enters into the operational phase this year, more of these companies will be joining us.

    Beyond I&T, we have seen the successful introduction of a wide variety of policy initiatives with the Greater Bay Area, including measures for the two-way flow of talent, schemes for supporting youth innovation, entrepreneurship and employment, and policies to facilitate mutual travel.

    And the promise of further co-operation between Hong Kong and the rest of the Greater Bay Area and the Mainland is boundless.

    Ladies and gentlemen, when we talk of China’s might, many of us immediately look to the maiden visit to Hong Kong over the past weekend of the first domestically built aircraft carrier of China, our country, the Shandong. Although the fleet has just bid us farewell yesterday, the awe and pride it drew among the people of Hong Kong over its five-day visit will be long-lasting.

    More than a display of maritime strength, the fleet showcases our country’s commitment to peacekeeping and regional stability. And much like how the Shandong docked in our safe harbour, Hong Kong is where the country anchors its trust.

    In this era of fogged horizons, China does not just project power – it radiates investible stability. And Hong Kong is the “super connector” and “super value-adder” that links the world with opportunities from China’s growth and certainties. A link you can always bank on.

    Amid an ever changing geopolitical landscape and constantly escalating uncertainties, Hong Kong is the place that promises security and development. This certainty of security and development is precisely what a world of investors need and thirst for. 

    Together, we will fully seize development opportunities, keep boosting our competitiveness, undertake reforms for progress, and foster innovation. The wisdom and wealth of experience of the people of Hong Kong will help the Pearl of the Orient shine brighter than ever on the world stage.

    My thanks to the South China Morning Post for organising this essential, always eventful, annual gathering. 

    I wish you all a rewarding conference. And the best of business in the second half of 2025, a year that will surely be full of opportunities and rewards. Thank you.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: SJ commences European visit in Netherlands (with photos)

    Source: Hong Kong Government special administrative region – 4

         The Secretary for Justice, Mr Paul Lam, SC, began his European visit in Amsterdam, the Netherlands, on July 6 (Amsterdam time). He met with international organisations, judges from the International Court of Justice (ICJ), government officials and the local business community to promote Hong Kong’s legal system and services, and its development as an international legal and dispute resolution centre in the Asia-Pacific region.
     
         Upon his arrival, Mr Lam met with Hong Kong people and overseas Chinese organisation representatives living in the Netherlands and Luxembourg to learn about their work and life, and shared with them the latest developments of Hong Kong in various areas.
     
         After arriving at The Hague on July 7, Mr Lam visited the Hague Conference on Private International Law (HCCH) and met with the Secretary General of the HCCH, Dr Christophe Bernasconi. Mr Lam thanked the HCCH for its support for the secondment programme of legal professionals of the Department of Justice (DoJ) and exchanged views on further strengthening the co-operation between the DoJ and the HCCH, including hosting an international conference about the Hague Conventions during the DoJ’s flagship event – Hong Kong Legal Week in December this year.
     
         Mr Lam then met with the Secretary General of the Ministry of Justice and Security of the Netherlands, Ms Anneke Van Dijk, and officials to introduce the latest developments of Hong Kong and discuss issues such as the development and direction of international legal co-operation.
     
         Afterwards, Mr Lam had a lunch meeting with the Ambassador Extraordinary and Plenipotentiary of the People’s Republic of China to the Kingdom of the Netherlands, Mr Tan Jian. Mr Lam thanked the Central Government for supporting the Hong Kong Special Administrative Region to actively participate in meetings of international organisations as part of the Chinese delegation, providing opportunities for Hong Kong legal talent from the public and private sectors to take part in various projects of the HCCH. He said that the DoJ will continue to strengthen international legal talent training, as well as exchanges and co-operation with international organisations to contribute to the promotion of the country’s contribution to the development of international rule of law.
     
         In the afternoon, Mr Lam visited the ICJ of the United Nations and met with the President of the ICJ, Mr Yuji Iwasawa, to exchange views on the latest developments in international dispute resolution, including the establishment of the International Organization for Mediation with its headquarters in Hong Kong. They also shared views on the training of international legal experts and professionals. Mr Lam then visited the Permanent Court of Arbitration (PCA) and met with the Secretary-General of the PCA, Dr Marcin Czepelak, to discuss the co-operation between the DoJ and the PCA in the fields of capacity building and international law.
     
         In the evening, Mr Lam attended a business seminar and dinner organised by the Netherlands Hong Kong Business Association with the support of the Hong Kong Economic and Trade Office in Brussels and Invest Hong Kong. Speaking at the seminar, Mr Lam shared with about 100 participants Hong Kong’s distinctive advantage of enjoying the strong support of the motherland while being closely connected to the world under the “one country, two systems” principle. He stressed that Hong Kong’s legal system is credible and reputable, user-friendly, and closely tied with Mainland China and other parts of the world. These elements make Hong Kong’s legal system exceptional among other common law peers.
     
         Mr Lam will go to Paris for the second leg of his European visit today (July 8, Amsterdam time).

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: First Digital Education Week by Education Bureau concludes

    Source: Hong Kong Government special administrative region – 4

    The first Digital Education Week (DEW) organised by the Education Bureau (EDB) concluded yesterday (July 7). The two flagship events of the DEW, including the Learning and Teaching Expo 2025 (LTE 2025) and the International Summit on the Use of AI in Learning and Teaching Languages and Other Subjects and Post-Summit Workshop Series, attracted over 24 000 participants altogether, providing opportunities for education professionals to gain further insights into the latest developments in educational technology and inspiring them to apply emerging technologies to enhance learning and teaching effectiveness.

    The Summit, jointly organised by the EDB, the Standing Committee on Language Education and Research, the Hong Kong Polytechnic University, and the Hong Kong Education City (EdCity), was held from July 4 to 7, attracting over 4 500 participants. The LTE 2025, was held from July 2 to 4, supported by the EDB, presented by EdCity and organised by the Smart City Consortium, attracted over 20 000 participants, setting a new record for attendance. Themed “Education: A Shared Future for All”, the LTE 2025 convened global educators, education leaders and innovators. Through keynote speeches, seminars, workshops and product showcases, participants explored innovative pedagogies and educational technology applications while shaping future educational directions.

    The LTE 2025 featured over 600 exhibition booths and introduced the Mainland and International Pavilions (including Singapore and Korea) to foster cross-regional collaborative exchanges. The Principals’ Conference, for the first time, brought together over 200 Hong Kong school principals for a 1.5-day “VASK” immersive experience, comprising seminars and expert discussions focused on “Values, Attitudes, Skills, and Knowledge”. A newly introduced Kids’ AI Summit engaged approximately 100 Hong Kong primary and secondary school students in a three-minute speech session, where they shared insights on AI in education, child well-being, and future careers. Additionally, over 270 keynote speeches, seminars, and demonstration classes showcased innovative teaching solutions and trends in technology applications, with more than 300 experts sharing their experiences in integrating AI and educational technology into teaching.

    The Summit included three main components: the Summit itself, a series of workshops, and the technology showcase. Participants engaged in different segments based on their backgrounds, needs, and interests. The first two days of the Summit featured keynote speeches from five top experts in AI education, namely Associate Professor of the Graduate School of Education at Stanford University, the United States, Professor Victor Lee; the Director of the Artificial Intelligence and Digital Competency Education Centre at the Education University of Hong Kong, Professor Kong Siu-cheung; Professor of the School of Animation and Digital Arts at the Communication University of China Professor Lyu Xin; Professor of Sociolinguistics at the University of Reading, the United Kingdom, Professor Rodney Jones; and the Director for Education and Skills at the Organisation for Economic Co-operation and Development, Mr Andreas Schleicher. In addition to keynote speeches, the Summit arranged for scholars from around the world to present 83 papers and conducted seven teaching demonstrations by frontline teachers from Hong Kong and the Mainland.

    In the following two days, 11 workshops were held in Cantonese, Putonghua, or English, allowing participants to experience various AI educational tools and engage in in-depth discussions on ethical issues related to AI literacy and applications. Additionally, 20 exhibiting organisations and technology companies participated in the technology showcase, displaying cutting-edge tools and software to demonstrate the potential of AI in the teaching and learning of languages and other subjects.

    The first DEW has made a positive impact on the education sector, enhancing teachers’ and students’ understanding of digital education and the application of related educational technologies. The rich activities provided during the DEW comprehensively showcased the latest educational technologies, resources, and teaching methods from around the world, inspiring innovative thinking among educators. Through various rich interactive sessions, participants not only had the opportunities to engage with a wide range of effective innovative technology solutions to enhance learning and teaching, but the public awareness of future educational trends has also been strengthened.

    The series of activities during this year’s DEW was well received by various sectors, with total participation exceeding 24 000 visitors. Despite teachers and students being busy with post-examination activities, they actively supported the events, fully demonstrating the appeal and foresight of the themes of the two flagship events of this year’s DEW. It also reflected the intensive attention and support from the academic community and relevant stakeholders for the development of digital education in Hong Kong.

    MIL OSI Asia Pacific News –

  • MIL-OSI Europe: Highlights – EoVs with Danish Presidency, ECA’s special report and workshop on EU law monitoring – Committee on Legal Affairs

    Source: European Parliament

    Danish Presidency_AFET 15 July 2025.jpg © Media Gallery – Danish Presidency

    At the meeting of 15 July 2025, the JURI Committee will hold an exchange of views with the Minister of Justice Peter Hummelgaard and with the Minister of Industry, Business and Financial Affairs, Morten Bødskov, concerning the priorities of the Danish Presidency. JURI Members will also vote on the Chair’s mandate to table amendments to the general budget of the European Union for the financial year 2026. At the same meeting ECA will present its special report 28/2024 on enforcing EU law.

    The committee will also hold a workshop in cooperation with the Policy Department on the monitoring of the application of EU law, followed by an exchange of views with the rapporteur on the report of the same topic (Monitoring the application of European Union law in 2023 and 2024 – 2025/2016(INI)). JURI Members will also consider the draft reports on Copyright and generative artificial intelligence – opportunities and challenges (2025/2058(INI)) and on the 28th Regime: a new legal framework for innovative companies (2025/2079(INL)). Finally, the JURI committee will consider the amendments tabled to the dossier on the Amending Directives 2006/43/EC, 2013/34/EU, (EU) 2022/2464 and (EU) 2024/1760 as regards certain corporate sustainability reporting and due diligence requirements (2025/0045(COD)).

    MIL OSI Europe News –

  • MIL-OSI Europe: Written question – Growing displacement of EU exports in Latin America due to China’s trade expansion – E-002636/2025

    Source: European Parliament

    Question for written answer  E-002636/2025
    to the Commission
    Rule 144
    Markus Buchheit (ESN)

    China is rapidly strengthening its presence as a trading partner in Latin America through bilateral agreements and strategic investments[1]. As a result, European industrial products, particularly those from Germany, are losing market share to Chinese alternatives. This shift threatens long-standing EU-Latin America economic ties and undermines the EU’s ability to defend its strategic industries in global markets.

    • 1.What concrete actions is the Commission taking to safeguard the competitiveness of European industrial exports in Latin America amid China’s growing presence?
    • 2.Has the Commission assessed the impact of Chinese trade agreements on the ability of EU companies to access and maintain key markets in the region?
    • 3.Will the Commission adapt its trade strategy to counterbalance China’s influence and better protect the strategic interests of Member States like Germany?

    Submitted: 30.6.2025

    • [1] Some experts first predicted the potential displacement of EU exports in 2018 and over the past eight years China’s market presence has clearly expanded. (https://www.giga-hamburg.de/en/publications/giga-focus/china-is-challenging-but-still-not-displacing-europe-in-latin-america?utm_source=chatgpt.com).
    Last updated: 8 July 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: MOTION FOR A RESOLUTION on tackling China’s critical raw materials export restrictions – B10-0329/2025

    Source: European Parliament

    B10‑0329/2025

    European Parliament resolution on tackling China’s critical raw materials export restrictions

    (2025/2800(RSP))

    The European Parliament,

    – having regard to its previous resolutions on EU-China relations,

    – having regard to Regulation (EU) 2024/1252 of the European Parliament and of the Council of 11 April 2024 establishing a framework for ensuring a secure and sustainable supply of critical raw materials and amending Regulations (EU) No 168/2013, (EU) 2018/858, (EU) 2018/1724 and (EU) 2019/1020[1] (Critical Raw Materials Act),

    – having regard to the rules of the World Trade Organization (WTO) and the principles of free, fair, and rules-based trade,

    – having regard to WTO dispute settlement rulings DS431, DS432 and DS433 on China’s rare earth export restrictions,

    – having regard to the G7 critical minerals action plan,

    – having regard to Rule 136(2) of its Rules of Procedure,

    A. whereas on 4 April 2025, China’s Ministry of Commerce imposed export restrictions on magnets and seven rare earth elements (REEs): samarium, gadolinium, terbium, dysprosium, lutetium, scandium and yttrium;

    B. whereas China’s new export licensing process for rare earth elements results in significant delays, has negative impacts on supply chains and threatens imminent stoppages for production in certain sectors; whereas it is also forcing industry to disclose sensitive information reaching beyond standard licensing processes;

    C. whereas China’s new export restrictions further undermine its reliability as a supplier for EU industry; whereas delays and difficulties in obtaining customs clearance arise even when licences are granted;

    D. whereas China’s decision to start issuing export licences for rare earth elements and magnets to some European companies represents only temporary relief and falls significantly short of a systemic solution;

    E. whereas these new export restrictions represent just the latest development in China’s increased use of unilateral controls on exports that are broader in scope than the multilateral export controls and do not have a clear security rationale;

    F. whereas China introduced export restrictions on gallium and germanium in August 2023, and further export restrictions on graphite in December 2023;

    G. whereas China has, in the past, already been found in breach of its WTO Accession Protocol commitments and Article XI(1) of the General Agreement on Tariffs and Trade for introducing unjustified export restrictions on REEs; whereas this demonstrates a clear pattern of action;

    H. whereas China’s use of export restrictions is a clear example of its exploitation of its dominance of the global critical raw materials market and economic blackmail, resulting in supply chain disruptions;

    I. whereas 100 % of the EU’s supply of heavy REEs comes from China; whereas the EU’s general dependency on critical raw materials from China remains a major threat to the EU’s economy and resilience and a cause for concern;

    J. whereas the EU faces the complex challenge of securing a sustainable supply of critical raw materials while adhering to its environmental and societal commitments;

    K. whereas the EU’s demand for critical raw materials is surging and is projected to rise further, due among other things to developments in the defence sector, as well as the digital and energy transitions;

    L. whereas the shift in energy policy has increased demand for previously underutilised resources, including REEs, as well as ‘conventional’ commodities such as copper, nickel, cobalt and lithium; whereas, additionally, the shift has heightened the need for metals and metalloids, including gallium, germanium, selenium, indium and tellurium, which are often only obtained as by-products during the extraction of primary commodities and have low recycling rates, further complicating their supply chain and availability;

    M. whereas apart from raw material extraction, China is also increasing its dominance of critical raw materials markets through refining and processing; whereas 94 % of the Australian production of lithium minerals and 99 % of the Congolese production of cobalt goes to China for refining; whereas China imports 67 % of the world’s supply of manganese ore, and exports 70 % of the world’s refined manganese;

    N. whereas China’s political objective is to secure access to raw materials in other countries and strengthen its dominance in global markets; whereas China has been accused of demanding exclusive access to resources as a condition for investment through its Belt and Road Initiative, which invests heavily in resource-rich countries; whereas such conditions reinforce monopsony power and accentuate concentration, thus making critical raw materials markets less resilient;

    1. Expresses serious concern about the People’s Republic of China’s unjustified use of unilateral export controls on critical raw materials, including its latest measures targeting seven rare earth materials and magnets; deplores China’s weaponisation of critical raw materials and its use of market dominance for geopolitical leverage;

    2. Calls on the People’s Republic of China (PRC) to immediately remove these rare earths and related products from its control list, thereby restoring a stable, predictable and sufficient supply;

    3. Condemns the PRC’s coercive economic and trade practices and calls for swift, coordinated and proportionate responses to its systematic use of trade dependencies as a tool of influence; emphasises that such practices extend beyond critical raw materials, affecting a wide range of strategic sectors;

    4. Notes with concern that for a large number of raw materials, the supply risk for Europe has gone up significantly[2]; believes that an increasing supply risk over time is symptomatic of Europe’s growing reliance on raw materials from a limited number of suppliers located in countries with governance and/or trade risks, its lack of progress in research and development targeting substitute materials, and the inability of current recycling practices to meet growing demand;

    5. Recognises the need to diversify supply chains for raw materials as a critical measure to enhance economic resilience, reduce strategic dependencies and ensure stable access to essential inputs in the face of geopolitical and market disruptions; calls strongly for the EU and its Member States to closely cooperate with global allies and like-minded partners in order to counteract abusive and distortive practices in the critical minerals sector; welcomes, in that respect, the G7 critical minerals action plan, announced following the 50th G7 summit that took place in June 2025;

    6. Recalls that the EU’s Critical Raw Materials Act will establish a framework for ensuring a secure and sustainable supply of critical raw materials, for example by identifying critical and strategic raw materials, setting benchmarks for domestic production and promoting improved circularity; Calls, in this respect, for the provisions of the Act to be implemented in full;

    7. Emphasises the need to step up domestic extraction of raw materials in the EU; notes that mineral extraction within the EU operates under stricter regulation than in most other countries globally; stresses that this, coupled with shorter and more secure supply lines to EU customers, offers distinct advantages, including enhanced economic resilience and a reduced carbon footprint associated with raw material sourcing;

    8. Expresses concern about the negative public perception of extraction projects in Europe; stresses that this demonstrates a clear disconnect between EU policymakers and local populations, as well as other stakeholders, regarding the implementation of energy and climate policies, as the green transition and the move away from fossil fuels require increased production of many raw materials and the establishment of secure supply chains; regrets that a number of mining projects in Europe, for example for lithium, have been significantly delayed or entirely cancelled due to public opposition; notes that while all human activities, mining included, have some degree of impact on the environment, the European mining sector has made substantial progress in developing methods and implementing strategies to mitigate its environmental footprint, balancing the need for resource extraction with responsible stewardship of the natural environment;

    9. Notes that the complexity of the EU’s mineral raw materials legislation is additionally exacerbated by the requirements of EU nature protection regulations, such as the Nature Restoration Regulation[3], which also limit the availability of land for mining activities, as extractive projects will likely face stricter environmental assessments, and areas designated for restoration may be off-limits to mining projects;

    10. Draws attention to the fact that China not only produces the vast majority of critical raw materials, but also controls a significant portion of global processing capacity; notes, in this regard, that in order to resolve its supply problem, the EU, apart from gaining access to resources from a wider variety of countries and developing its own EU domestic resources, needs to (re-)establish processing capacity within Europe;

    11. Instructs its President to forward this resolution to the Vice-President of the Commission / High Representative of the Union for Foreign Affairs and Security Policy, the Council and the Commission.

    MIL OSI Europe News –

  • MIL-OSI Europe: Italy: EIB Grants €150 Million Loan to Alfasigma to Accelerate Innovation in Rare Diseases and Specialty Care

    Source: European Investment Bank

    Alfasigma

    • The EIB financing will support Alfasigma’s R&D investments for the three-year period from 2025 to 2027.
    • The funds will help develop and market new medicines in Alfasigma’s main therapeutic areas.

    The European Investment Bank (EIB) has signed a €150 million loan agreement with Alfasigma, a global pharmaceutical company founded in Italy, whose products are present in more than 100 markets worldwide.

    The agreement, announced today by EIB Vice-President Gelsomina Vigliotti and Alfasigma’s Chief Financial Officer Tatiana Simonelli, will support the development of breakthrough therapies in the areas of rare diseases and specialty care. The EIB financing aims to support Alfasigma’s R&D activities over the three-year period from 2025 to 2027, focusing on new treatments in gastroenterology and hepatology, vascular medicine, and rheumatology. It will help accelerate the translation of scientific advances into patient-centred solutions, aiming to address unmet needs and deliver high-impact health outcomes.

    The operation is part of the EIB’s strategy to bolster competitiveness and innovation in the European healthcare sector and to create highly skilled jobs.

    “This financing confirms the EIB’s commitment to promoting scientific innovation and supporting European biopharmaceutical research,” said EIB Vice-President Gelsomina Vigliotti. “Investing in research, development and innovation is key to strengthening Europe’s industrial competitiveness and to offering new therapeutic solutions to those currently without alternatives.”

    “We are grateful to the EIB for this agreement, which will help us to fast-track our ambitious growth strategy, particularly in expanding our footprint in rare diseases and specialty care innovations to better address the unmet needs of the patients and communities we serve”, said Alfasigma Chief Financial Officer Tatiana Simonelli.

    Background information

    The European Investment Bank (ElB) is the long-term lending institution of the European Union, owned by its Member States. Built around eight key priorities, we finance investments that contribute to EU policy objectives by bolstering climate action and the environment, digitalisation and technological innovation, security and defence, cohesion, agriculture and bioeconomy, social infrastructure, the capital markets union, and a stronger Europe in a more peaceful and prosperous world.  The EIB Group, which also includes the European Investment Fund (EIF), signed over 900 projects worth nearly €89 billion in 2024, boosting Europe’s competitiveness and security. The EIB Group signed 99 operations totalling €10.98 billion in Italy in 2024, helping to unlock almost €37 billion of investment in the real economy. All projects financed by the EIB Group are in line with the Paris Climate Agreement, as pledged in our Climate Bank Roadmap. Almost 60% of the EIB Group’s annual financing supports projects directly contributing to climate change mitigation, adaptation, and a healthier environment. Fostering market integration and mobilising investment, the funds made available by the Group unlocked over €100 billion in new investment for Europe’s energy security in 2024 and mobilised a further €110 billion for startups and scale-ups. Around half of the EIB’s financing within the European Union is directed towards cohesion regions, where per capita income is lower than the EU average.

    Alfasigma is a global pharmaceutical company founded over 75 years ago in Italy, where it is headquartered (in Bologna and Milan). The group operates in over 100 markets spanning Europe, North and South America, Asia and Africa. It has offices in many countries, including Italy, the United States, Spain, Germany, Mexico and China; production sites in Italy (Pomezia, Rome; Alanno, Pescara; Sermoneta, Latina; and Trezzano Rosa, Milan), Spain (Tortosa, Baix Ebre) and the United States (Shreveport, Louisiana); and research and development labs in Italy (Pomezia and Bergamo). Alfasigma employs approximately 4 000 people dedicated to research, development, production and distribution of medicinal products, contributing to its mission to provide better health and a better quality of life for patients, caregivers and healthcare providers. It focuses on three main therapeutic areas: gastroenterology, vascular and rheumatology. Its portfolio ranges from speciality care to rare disease medications and consumer health products, including nutraceuticals.

    MIL OSI Europe News –

  • MIL-OSI Europe: Press release – EP TODAY

    Source: European Parliament

    Danish Presidency

    At 10:30, Mette Frederiksen, Prime Minister of Denmark, will present her country’s priorities for its six-month Council presidency, which began on 1 July. Maroš Šefčovič, European Commissioner responsible for interinstitutional relations will also attend. Parliament President Roberta Metsola will hold a press conference with Prime Minister Frederiksen in the Daphné Caruana Galizia press room from 12:15.
    Thomas HAAHR
    (+32) 470 88 09 87
    presse-DK@europarl.europa.eu

    EU-China relations

    Earlier, at 9:00, the day will begin with a joint debate on EU China relations. MEPs will first prepare for the 2025 EU-China summit, to take place later in July. Plenary will then move on to discuss the issue of China’s export restrictions on critical raw materials. A vote on a resolution on the latter is scheduled for Thursday. The debate will include statements by European Commission President Ursula von der Leyen, and Danish European Affairs Minister Marie Bjerre, for the Council.
    Viktor ALMQVIST
    (+32) 470 88 29 42
    Snjezana KOBESCAK SMODIS
    (+32) 470 96 08 19
    @EP_ForeignAff

    Situation in the Middle East

    In a mid-afternoon debate with Danish European Affairs Minister Marie Bjerre and Commissioner Jessika Roswall, MEPs will review the latest events in the Middle East and what the EU can do to help restore peace.
    Viktor ALMQVIST
    (+32) 470 88 29 42
    Snjezana KOBESCAK SMODIS
    (+32) 470 96 08 19
    @EP_ForeignAff

    European Climate Law

    A new 2040 greenhouse gas reduction target of 90% compared with 1990 levels, to be included in the EU Climate Law, is one of a new set of proposals adopted by the Commission on 2 July. Members will vote at noon on whether to fast-track Parliament’s work on the file. A debate with Commissioner Wopke Hoekstra on the proposals will start at about 15:30.
    Thomas HAAHR
    (+32) 470 88 09 87
    @EP_Environment

    In brief

    Gas storage. Members will vote at noon on a draft law to address gas market speculation and reduce prices by introducing greater flexibility in gas refilling rules ahead of the winter season. Parliament and Council have already reached an informal agreement on the file.

    Chemicals package. An action plan to boost the EU’s chemicals industry and measures to simplify EU chemicals laws are part of a new package Commission Executive Vice-President Stéphane Séjourné and Commissioner Jessika Roswall will present to Parliament at 15:00.

    Media freedom. The implementation of the European Media Freedom Act (EMFA) will be the subject of a debate with Danish European Affairs Minister Marie Bjerre and Commissioner Michael McGrath starting after the votes. A seminar on the EMFA for journalists, with key MEPs and experts, will take place at 15:00 in room De Madariaga S5. Journalists can follow it in person or via Interactio.

    Enlargement. In the evening, Parliament and Commission Executive Vice-President Stéphane Séjourné and Commissioner Jessika Roswall will debate the Commission’s 2023 and 2024 reports on progress made by Albania, Bosnia and Herzegovina, North Macedonia and Georgia towards EU accession. The votes will take place on Wednesday.

    Votes

    At noon, MEPs will vote, among others, on:

    • whether to endorse Bulgaria’s adoption of the euro;
    • security of energy supply in the EU;
    • the EU-Greenland and Denmark Sustainable Fisheries Partnership Agreement;
    • the progressive start of operations of the Entry/Exit System;
    • the European Investment Bank’s 2024 annual report;
    • preserving the memory of victims of Slovenia’s post-war communist period.

    Live coverage of the plenary session can be found on Parliament’s webstreaming site and on EbS+.

    For detailed information on the session, please also see our newsletter.

    Find more information regarding plenary.

    MIL OSI Europe News –

  • MIL-OSI Banking: Samsung IGNITE: A Legacy of Learning, Leadership, and Lifelong Impact

    Source: Samsung

    A look back at faces who took their first career steps with Samsung IGNITE
     
    Samsung India didn’t just launch a summer internship programme in 2017 with IGNITE — it laid the foundation for a leadership pipeline that would help shape its future.
     
    What began as an HR initiative to strengthen campus relationships and bring fresh perspectives to the business, has grown into a flagship talent engine that now spans 16 top B-schools in India.
     
    IGNITE alumnus, Ayushi Anand from IIM Kozhikode, said: “Samsung gave me the freedom to explore, question, and contribute. It wasn’t just a summer internship — it felt like joining a family.”
     
    IGNITE: Turning ambition into achievement

    A Culture that Prepares, not Just Recruits
    The journey begins much before summer. Planning for IGNITE starts as early as Q2, when Samsung’s Talent Acquisition team, Business HRs, Regional HRs, and business leaders come together to design the next cohort’s experience.
     
    “Over the years, we’ve seen it shape careers in the most fascinating way,” said Rishabh Nagpal, Head of People Team, Samsung India. “At Samsung, we believe that building future leaders starts with investing in them early, not just with opportunities, but with trust. IGNITE is not just a programme but a powerful platform that connects young talent to real-world challenges and our culture of innovation.”
     
    From selecting campuses based on performance and alumni strength to assigning live business projects with cross-functional complexity, every detail is planned meticulously to ensure interns get far more than a desk and a deadline.
     
    A journey that began with curiosity and grew into careers
     
    Beyond the Offer Letter: A Two-Month Transformation
    The IGNITE internship begins with a two-day induction where students are introduced to Samsung’s ways of working, its values, and its leadership. What follows is an 8-week deep dive into the business — with ownership, mentorship, and structured checkpoints at every step.
     
    Leadership connects are woven into the internship: a kickoff session, mid-internship check-in, project review preparations, and a final showcase. Throughout, interns work closely with cross-functional teams, learning how a company of Samsung’s scale moves fast, thinks forward, and never loses sight of the customer.
     
     
    As one IGNITE alumnus, Keshav Harlalka from IIFT, puts it: “For me, the biggest learning was that real innovation doesn’t start with tech, it starts with the consumer.”
     
    A Programme that Evolves with Its People
    Over the years, IGNITE has grown in more ways than one — expanding its reach, diversifying its projects, and tailoring its structure to Gen Z’s appetite for hands-on learning.
     
    “Gen Z isn’t content with research alone — they want to be out in the field, solving real problems,” said Manisha Gambhir, Director, Talent Acquisition, Samsung India. “So, we design projects that are immersive, challenging, and relevant — from retail strategy to product launches and digital transformation.”
     
    “GenZ isn’t content with research alone – they want to work closely with business leaders and the real changemakers.” said Manisha Gambhir, Director, Talent Acquisition, Samsung India. “So, we design projects that are immersive, challenging, and relevant — from retail strategy to product launches and business transformation.”
     
    This evolution includes new engagement channels like Samsung EDGE, a case study competition which builds year-round interactions with prospective talent through live projects, leadership sessions, and corporate readiness programmes.
     
    This evolution includes other engagement channels like Samsung EDGE, a case study competition which builds deeper and profound interactions with prospective talent through real world business problem solving, leadership sessions, and corporate mentoring.
     
    Building More than Careers
    For many students, IGNITE is their first taste of the corporate world. And it’s designed to be memorable. From relocation assistance to personal mentorship, every aspect is crafted to empower.
     
    Atharva Joshi from XLRI recalls a moment of trust: “When I pointed out a gap in my project, my manager didn’t dismiss it; he asked me to build a solution. That trust meant everything,” he said.
     
    These stories are not outliers. They are the essence of IGNITE, a programme that believes in people before positions and sees potential before performance.
     
    Behind the Scenes: Heart and Hustle
    What the world often doesn’t see is the enormous orchestration behind IGNITE. The undeterred support from Samsung’s leadership, the rigorous standardisation across regions, the continuous benchmarking of stipends and structures — all aimed at making IGNITE one of India’s most competitive and coveted internship platforms.
     
    As Samsung IGNITE moves into its next year, the vision is clear — deeper engagement, stronger mentorship, and an unshakable belief in building tomorrow’s leaders today.

    MIL OSI Global Banks –