Category: Business

MIL-OSI Russia: Uzbekistan’s external debt in the first quarter amounted to $68.4 billion

Translation. Region: Russian Federal

Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

An important disclaimer is at the bottom of this article.

Source: People’s Republic of China – State Council News

Tashkent, July 8 (Xinhua) — Uzbekistan’s total external debt amounted to $68.4 billion in January-March 2025, local media reported on Monday, citing the Central Bank of the republic.

According to the report, the country’s external debt increased by US$4.3 billion in the first quarter. US$35.8 billion is external government debt, while US$32.6 billion is corporate debt.

Let us recall that in 2024, Uzbekistan’s total external debt amounted to 64.1 billion US dollars. –0–

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 –

July 8, 2025
MIL-OSI: Tower Semiconductor and pSemi Win the Prestigious Industry Paper Competition Award at IMS 2025
Source: GlobeNewswire (MIL-OSI)

Award-winning paper showcases breakthroughs in wideband RF switch performance, reinforcing Tower’s leadership in advanced RF front-end innovation

MIGDAL HAEMEK, Israel — July 08, 2025 — Tower Semiconductor (NASDAQ/TASE: TSEM), a leading foundry of high-value analog semiconductor solutions, today announced receipt of the Industry Paper Competition Award at the 2025 IEEE International Microwave Symposium (IMS) for their co-authored paper with pSemi — “A Low-Loss, Wideband, 0–110 GHz SPDT Using PCM RF Switches with Integrated CMOS Drivers”. The paper was presented on June 19, 2025, during IMS’s session on Innovative RF Switches, Varactor and Modulator Technologies, and won the Best Paper Award in its category.

The award recognizes Tower’s PCM RF switch as a significant innovation and advancement in RF switch technology, capable of delivering a record-breaking combination of bandwidth (DC–110 GHz), insertion loss (<2 dB), power handling (30 dBm), and linearity (+15–20 dB improvement over RFSOI CMOS solutions) — results that have not been achieved by any other RF switch technology. Enabled by Tower’s proprietary BEOL integration and integrated digital control, this combination of ultra-low-loss wideband performance, power handling, and full CMOS integration simplifies implementation for end users and enables advanced circuits for 5G, future 6G, SatCom, beamforming, and millimeter-wave applications.

“We’re honored to receive this recognition,” said Dr. Ed Preisler, Vice President and General Manager of the RF Business Unit. “This achievement reinforces our commitment to advancing RF front-end integration for the next wave of wireless devices and highlights the power of strategic partnerships like ours with pSemi.”

“We are honored to be recognized by IMS alongside Tower Semiconductor,” said Rodd Novak, Vice President, Sales and Marketing, pSemi. “This award reflects our team’s dedication to pushing the boundaries of wideband RF switch research and design.”

For additional information about the Company’s RF platform offering, visit here.

About Tower Semiconductor

Tower Semiconductor Ltd. (NASDAQ/TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, provides technology, development, and process platforms for its customers in growing markets such as consumer, industrial, automotive, mobile, infrastructure, medical and aerospace and defense. Tower Semiconductor focuses on creating a positive and sustainable impact on the world through long-term partnerships and its advanced and innovative analog technology offering, comprised of a broad range of customizable process platforms such as SiGe, BiCMOS, mixed-signal/CMOS, RF CMOS, CMOS image sensor, non-imaging sensors, displays, integrated power management (BCD and 700V), photonics, and MEMS. Tower Semiconductor also provides world-class design enablement for a quick and accurate design cycle as well as process transfer services including development, transfer, and optimization, to IDMs and fabless companies. To provide multi-fab sourcing and extended capacity for its customers, Tower Semiconductor owns one operating facility in Israel (200mm), two in the U.S. (200mm), two in Japan (200mm and 300mm) which it owns through its 51% holdings in TPSCo, shares a 300mm facility in Agrate, Italy with STMicroelectronics as well as has access to a 300mm capacity corridor in Intel’s New Mexico factory. For more information, please visit: www.towersemi.com.

Safe Harbor Regarding Forward-Looking Statements
This press release includes forward-looking statements, which are subject to risks and uncertainties. Actual results may vary from those projected or implied by such forward-looking statements. A complete discussion of risks and uncertainties that may affect the accuracy of forward-looking statements included in this press release or which may otherwise affect Tower’s business is included under the heading “Risk Factors” in Tower’s most recent filings on Forms 20-F, F-3, F-4 and 6-K, as were filed with the Securities and Exchange Commission (the “SEC”) and the Israel Securities Authority. Tower does not intend to update, and expressly disclaim any obligation to update, the information contained in this release.


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Tower Semiconductor Company Contact: Orit Shahar | +972-74-7377440 | oritsha@towersemi.com
Tower Semiconductor Investor Relations Contact: Liat Avraham | +972-4-6506154 | liatavra@towersemi.com

Attachment
- IEEE IMS Award PR Final
The MIL Network –
July 8, 2025
MIL-OSI: MEXC Ventures Hosts Successful “Kickstart Your Future” Event at UNSW, Marking Australian Market Entry

Source: GlobeNewswire (MIL-OSI)

VICTORIA, Seychelles, July 08, 2025 (GLOBE NEWSWIRE) — MEXC Ventures successfully concluded its inaugural Australian event, “Kickstart Your Future at MEXC Ventures,” held at the University of New South Wales Roundhouse on 19 June 2025. The Web3 career-focused gathering brought together over 120 students, graduates, and industry professionals, marking a significant milestone in the global exchange’s expansion into the Australian market.

Exceptional Student Response and Engagement
The event exceeded expectations with remarkable attendance figures, drawing more participants than initially registered on the platform. More than 130 attended the event with high enthusiasm. The overwhelmingly positive response demonstrated a strong appetite among Australian students for Web3 career opportunities.

“The turnout and engagement were incredible,” noted event organizers. “Students came with genuine interest in building careers in Web3, and many stayed long after the formal presentations to continue networking and discussions.”

Industry Expertise Takes Center Stage
The event featured three prominent speakers who delivered compelling presentations on blockchain fundamentals and career pathways. John, founder of Bitcoin Sydney, presented on Bitcoin principles including decentralization and financial sovereignty. Bob, founder of ETH Sydney, explored how Ethereum powers innovation across the ecosystem. Ray, a UNSW lecturer specializing in blockchain and fintech, provided academic insights into emerging technologies and career opportunities.

The diverse panel discussions emphasized that Web3 offers career paths beyond traditional coding roles, spanning marketing, community management, governance, research, and content creation.

Community Building and Brand Presence
MEXC Ventures established a strong local presence through strategic brand activations, including custom Australian-themed merchandise featuring koala keyrings, prominent logo placement, and a dedicated photo wall. MEXC Ventures representative delivered an engaging presentation about career opportunities, emphasizing the global nature of Web3 work and the company’s commitment to empowering the next generation of blockchain talent.

Attendees praised the event’s organization, quality of food and beverages, and the caliber of panel discussions, with many expressing interest in future MEXC Ventures initiatives.

Talent Recruitment Initiative Launched
Following the event’s success, MEXC Ventures opened student volunteer and ambassador recruitment for Australia, receiving numerous applications from interested participants. The company also highlighted its IgniteX initiative, a social impact program supporting blockchain education and developer empowerment, including the recently launched partnership with Superteam for the IgniteX Solana Talent Lab.

Building Australia’s Web3 Future
The event’s success signals strong momentum for MEXC Ventures’ Australian operations, with plans to expand programming and deepen university partnerships across the region. The enthusiastic student response and high-quality industry engagement demonstrate the readiness of Australia’s academic community to embrace Web3 innovation.

“This is just the beginning,” said MEXC Ventures representatives. “We’re committed to creating more opportunities for Australian students to engage with the global Web3 ecosystem and build meaningful careers in this space.”

About MEXC Ventures
MEXC Ventures is a comprehensive fund under MEXC dedicated to driving innovation in the cryptocurrency sector through investments in L1/L2 ecosystems, strategic investments, M&A and incubation. Upholding the principle of “Empowering Growth Through Synergy,” MEXC Ventures is committed to supporting innovative ideas and active builders in crypto.

MEXC Ventures is an investor and supporter of TON and Aptos, looking forward to staying at the forefront of TON and Aptos’ innovations and actively engaging with builders to drive ecosystem growth.

For more information, visit: MEXC Ventures Website

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/4f9e0774-c26c-4a61-832e-7c4fafc92cce

https://www.globenewswire.com/NewsRoom/AttachmentNg/9c1aca19-362f-467b-8a65-6a56f7488b39

https://www.globenewswire.com/NewsRoom/AttachmentNg/7ff52ac7-6d34-44ea-899d-50ccbf473036

https://www.globenewswire.com/NewsRoom/AttachmentNg/736db56d-aaa3-46d6-8085-200150f0c698

The MIL Network –

July 8, 2025
MIL-OSI: MEXC Hosts Exclusive Monaco Gala to Celebrate Prominent Global KOLs

Source: GlobeNewswire (MIL-OSI)

VICTORIA, Seychelles, July 08, 2025 (GLOBE NEWSWIRE) — MEXC, a leading global cryptocurrency exchange, hosted the prestigious Whale Journey Monte Carlo Award at the renowned One Monte-Carlo in the heart of Monaco on June 28, uniting the Web3 industry’s most influential voices for an unforgettable evening of recognition and collaboration.

The exclusive event welcomed over 1,000 attendees, including 55 top-tier KOLs from around the world, making it one of the largest and most high-profile gatherings of crypto influencers in recent memory. Designed as both a celebration and a strategic milestone, the award ceremony reflected MEXC’s commitment to deepening its global partnerships and elevating its presence in the European market.

Held in one of Europe’s most luxurious and iconic cities, the choice of Monaco carried strong symbolic meaning. Known as a global hub of prestige and innovation, Monaco represented MEXC’s ambition to deliver world-class experiences to its partners and users.

The event brought together a group of Web3 leaders. With more than 55 global KOLs in attendance, the event served as a powerful network catalyst — fostering new relationships and sparking conversations that will shape the next phase of crypto adoption and ecosystem building. MEXC curated a luxury atmosphere that embodied its brand values of innovation, excellence, and impact. Guests enjoyed an evening filled with meaningful dialogue, entertainment, and recognition — all against the stunning backdrop of the French Riviera.

A highlight of the night was the recognition of Carl The Moon, a globally renowned crypto influencer, as “Icon of the Year.” Carl is the founder of The Moon Show, a leading YouTube channel dedicated to Bitcoin and cryptocurrency content. Known for his accessible and insightful analysis, Carl covers daily Bitcoin price movements, key market news, and both technical and fundamental analysis. Carl was selected as the “Icon of the Year, receiving a $500,000 reward dedicated to recognizing and empowering the most influential figures in Web3. His award not only reflected his outstanding contributions to the crypto space but also marked a new chapter as he signed a strategic partnership with MEXC. This collaboration represents a major step forward in MEXC’s influencer strategy, reinforcing its efforts to align with the most trusted and dynamic voices in the industry.

“Europe is a key market for MEXC,” said Head of Europe at MEXC. “This event reflects our deep commitment to the region and our vision to grow together with the top KOLs and builders shaping the Web3 future. With a strong global following, Carl has become one of the most influential voices in the Web3 and crypto community. We believe in long-term partnerships and will continue to support those who push the boundaries of innovation.”

The Whale Journey Monte Carlo Award is part of MEXC’s broader effort to elevate its global brand through meaningful engagement with creators, thought leaders, and communities. As MEXC continues to grow its footprint in Europe and beyond, events like this serve as a powerful platform to honor excellence and build stronger bridges across the crypto ecosystem.

About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto”. Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, frequent airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

For media inquiries, please contact clemence.c@mexc.com or media@mexc.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/86e99de6-0d7b-400d-8e1a-5efbea33eb26

The MIL Network –

July 8, 2025
MIL-OSI: Prosafe SE: Share capital decrease completed

Source: GlobeNewswire (MIL-OSI)

8 July 2025 – Reference is made to the stock exchange announcement made by Prosafe SE (the “Company“) on 16 May 2025 regarding the extraordinary general meeting’s resolution to decrease the share capital of the Company by EUR 22,157,127.24, from EUR 22,335,813.75 to EUR 178,686.51, through a decrease of the nominal value of each share in the Company by EUR 1.24, from EUR 1.25 to EUR 0.01.

The resolution was published by the Norwegian Register of Business Enterprises on 22 May 2025 and followed by a six-week creditor notice period, which was completed without creditor objections.

The share capital decrease has today been registered as completed by the Norwegian Register of Business Enterprises. Following the share capital decrease, the share capital of the Company is EUR 178,686.51, divided into 17,868,651 shares, each with a nominal value of EUR 0.01.

For further information, please contact:

Terje Askvig, CEO

Phone: +47 952 03 886

Reese McNeel, CFO

Phone: +47 415 08 186

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act and the requirements of Oslo Børs’ Continuing Obligations.

The MIL Network –

July 8, 2025
MIL-OSI Africa: China to train public servants on city governance

Source: Government of South Africa

Tuesday, July 8, 2025

The National School of Government (NSG) has organised a learning exchange visit to China on city governance for public officials.

Hosted by the Beijing Jiaotong University and supported by the Chinese Ministry of Commerce, the programme seeks to promote knowledge exchanges on enhancing local government performance as municipalities face growing complexity and public expectations that they must respond to.

“The programme explores the Chinese advancement in local government innovation in service delivery, modernisation of governance, construction of smart cities, participatory governance, poverty alleviation and development,” the NSG said in a statement.

“Local government is an important sphere of government for implementation of national policy and China’s successes in the performance of this sphere of government has contributed to the abolition of absolute poverty in 2020, ten years before the 2030 deadline which the world set in the United Nations Agenda 2030 for Sustainable Development.

“This is the same deadline that South Africa has set in the National Development Plan to eliminate poverty and inequality by the year 2030,” the NSG said.

The South African government, in the 7th Administration, has committed itself to drive inclusive growth and job creation, to reduce poverty and tackle the high cost of living with a developmental and capable state playing a central role.

“Municipalities therefore have a critical role in the achievement of this commitment. The exchange programme on city governance is part of the NSG’s international exchanges that are aimed at facilitating public servants’ access to specialist knowledge and skills needed to enhance public sector performance and development among others and learning from the development trajectory of other countries in the global South and North,” said NSG Principal, Professor Busani Ngcaweni.

Ngcaweni added that partnerships were a key focus for the NSG “as they enable us to expand the depth of training delivery, diversity and allow access to expertise that we do not have.”

The programme will run from 7 to 27 July. – SAnews.gov.za

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MIL OSI Africa –

July 8, 2025
MIL-OSI Africa: Grants review process to ascertain eligibility of beneficiaries

Source: Government of South Africa

The South African Social Security Agency (SASSA) has noted commentary about the social grants review process that the agency is currently undertaking to ascertain the eligibility of identified beneficiaries suspected of having additional income that was not disclosed.

SASSA said it would like to categorically state that there has been no suspension of social grants as stated during the review process.

In a statement, SASSA explained that grants get delayed momentarily until a beneficiary has successfully completed the review process.

“This review is not a punitive measure to deliberately exclude any deserving beneficiary, but it is intended to ensure continued eligibility and prevent misuse of public funds,” it said.

SASSA CEO, Themba Matlou, has assured grant beneficiaries and the public that SASSA is undertaking the social grants review process for the better good of the government fiscus, thus ensuring that grants are paid to eligible beneficiaries and all the fraudulent elements are rooted out.

Matlou stressed that in terms of the Social Assistance legislative framework, beneficiaries are legally required to fully disclose all sources of income during their initial application, adding that they are obligated to inform SASSA of any changes to their financial circumstances after their application has been approved and failure to comply with these requirements constitutes a violation of the Social Assistance legislation and may result in corrective action.

“The review of social grants helps identify beneficiaries who may no longer qualify due to changes in financial, medical, or legal circumstances and serves as a confirmation of life or existence, ensuring that grants are not paid out to deceased individuals or those who have relocated without updating their records.

“More importantly, reviews allow SASSA to detect and prevent cases where individuals continue receiving grants despite being listed on payroll systems of other entities, public or private,” he said.

Matlou said work is underway to capacitate all SASSA local offices to ensure that they are able to handle the large volumes of people flocking into the offices for various services including those coming in for a review.

Beneficiaries who have been affected by the grants review are encouraged to visit their nearest SASSA local office and bring the following documents:

– Valid South African ID,

– Proof of income (payslips, pension slips, or affidavits if no longer employed or employment discharge confirmations),

– Bank statements for the last 3 months for all active bank accounts,

– Proof of residence (utility bill or letter from a local authority),

– Medical referral report (if applicable, for disability or care dependency grants) – to confirm disability status,

– Marriage certificate or divorce decree (if applicable),

– Death certificate (if some death has occurred for example child, spouse etc),

– Any other supporting documents relevant to your grant type (ebirth certificates for Child Support Grants, school attendance proof for Foster Care Grants).

If a beneficiary is bedridden or unable to visit a SASSA office, a procurator may be appointed to represent you. To complete this, beneficiaries are encouraged to contact their local office for assistance in appointing a procurator.

Beneficiaries are urged to comply with the SASSA review request. Failure to respond to any official communication from the agency may result in delays in future payments, leading to a suspension or lapsing of the beneficiary’s grant and legal proceedings may be instituted.

“Whilst the review of social grants in an ongoing process, SASSA is working hard to automate the review process by introducing self-service options using online platforms to make it easier for our beneficiaries and reduce queues in our local offices,” said the agency. – SAnews.gov.za

MIL OSI Africa –

July 8, 2025
MIL-OSI United Kingdom: Green plans would wipe out millions in Council Tax debt

Source: Scottish Greens

08 Jul 2025 Finance

It is time to stop the clock on cruel historical debt collection.

More in Finance

Decades-old Council Tax debts worth hundreds of millions of pounds will be written off if MSPs agree to changes proposed by Scottish Greens finance spokesperson Ross Greer.

The proposals, tabled as amendments to the Housing Bill, would end the current situation where Council Tax debts in Scotland are chased for four times as long as other forms of debt before being written off.

Data from The Telegraph published in March this year showed that almost £2 billion of Council Tax arrears have been racked up by Scottish households since the Council Tax system was introduced in 1993.

This change would reduce the time limit for Council Tax arrears, at which point the debt is written off and collection efforts are stopped. The current limit for Scottish Council Tax debt is twenty years, despite English, Welsh and Northern Irish Council Tax arrears being written off after just six years.

The twenty year clock also resets every time someone acknowledges or tries to pay off their debts, effectively meaning that debts are held and pursued permanently, even when there is no prospect of them being paid off.

Most other forms of debt in Scotland are subject to a five year cut-off for collection efforts.

If passed, this proposal would effectively cancel any Council Tax debts built up before 2020. Analysis by the Scottish Greens suggests that the move would take hundreds of millions of pounds of debt off of the shoulders of low-income and vulnerable households.

It would also tackle the problem of vulnerable people not seeking help from their local council for other issues in their lives due to fear that they will be chased for debts they cannot afford to pay off.

Anti-poverty campaigners including Aberlour say that current council and government debt collectors “trap families in a cycle of poverty, through seized benefits, missed payments, new loans and extortionate interest.”

Ross said:

“We need to break the decades-old cycle of poverty and debt. Scotland’s system for collecting Council tax debts is far harsher than those in the rest of the UK and that needs to end. My proposals would give relief to people who are often in no position to pay back these decades-old debts, letting them get their lives and finances back on track.

“At the moment, the 20-year clock resets each time someone attempts to pay off or even acknowledge their debt, meaning some councils are still chasing debts from when this system started in 1993. That’s before I was even born.

“And the fear of having bailiffs at the door means vulnerable people aren’t going to their councils for help when they really need it.

“Council tax debt is one of the biggest drivers of Scotland’s public debt crisis, locking thousands of vulnerable people into cycles of poverty which they can’t break out of.

“If we want to end poverty for good and make Scotland a better place to live, we have to end the systems that keep people stuck in cycles of unpayable debts. It is time to wipe out these decades-old Council Tax debts.”

MIL OSI United Kingdom –

July 8, 2025
MIL-OSI New Zealand: Child Fund – World’s poorest hit by double whammy – trade war plus a war on aid

Source: ChildFund New Zealand

President Trump has announced his latest tariffs after a 90 day pause, confirming an increase for 14 countries, including some of the poorest.

Today’s announcement includes 40% tariff on goods from Myanmar and Laos, and a 36% tariff on goods from Thailand and Cambodia.

“We are still waiting to see if he will carry through on his threat to increase tariffs on Pacific Island countries,” says Josie Pagani, CEO of ChildFund.

In April Trump announced tariffs in the Pacific, with Fiji likely to be charged the most at 32 per cent. Nauru, one of the smallest nations in the world would be hit with a 30 per cent tariff, while Vanuatu would get a 22 per cent tariff.

The US is Fiji’s top export destination, with Fijian exports totalling $US360 million in 2023.

Kava represents 70 per cent of Vanuatu exports, and the US is one of its primary export destinations for the local drink.

“If Vanuatu gets lumped with a 22% tariff on top of cuts to US aid, while it is still struggling to recover from last year’s earthquake, it will be a real blow to its economy,” says Josie Pagani.

“Being hit with a double whammy – cuts to aid budgets and a trade war – could wreak havoc on the world’s most indebted countries.”

Low to middle-income countries’ debt levels have more than doubled since 2009 and the cost of servicing that debt has grown.

“These tariffs make it harder for countries to trade their way out of poverty. It decreases the value of their exports, therefore reducing countries’ access to foreign currencies, which they need to pay back their external debt.”

“There is some hope. Some developing countries will find new markets in Europe, Southeast Asia and the Pacific, including New Zealand and Australian markets. There are also other development banks who can lend to poor countries, for example the European Investment Bank and the Asian Infrastructure Investment Bank. The U.S. is not a member of either.

“But there is no doubt that today’s tariff announcement will make it hard for countries to wean themselves off aid by increasing trade. The world is set to become a more dangerous place. The last thing we need now,” says Josie Pagani.

MIL OSI New Zealand News –

July 8, 2025
MIL-OSI: PU Prime and Argentina Football Association Celebrate Official Signing Ceremony in Madrid

Source: GlobeNewswire (MIL-OSI)

MADRID, July 08, 2025 (GLOBE NEWSWIRE) — PU Prime and the Argentina Football Association (AFA) formally commemorated their strategic partnership during a signing ceremony at the Argentina Football Academy Vallecas in Madrid.

This significant event marked the strengthening of a long-term global collaboration between two institutions united by shared values of discipline, strategy, and precision.

The day began with a meet-and-greet between PU Prime and AFA representatives, setting the tone for a day of collaboration and celebration. At the heart of the ceremony was the official contract signing and a ceremonial shirt exchange, symbolising the enduring partnership and mutual commitment between PU Prime and AFA. This was followed by a guided tour of the Academy’s world-class facilities, home to some of Argentina’s most promising young football talents.

Delivering the keynote address, Mr. Daniel Bruce, Managing Director of PU Prime, shared:
“Today, we’re here in beautiful Madrid to celebrate a partnership that brings together two forces committed to excellence — PU Prime and the Argentine Football Association.
“The AFA is famous for building world-class talent and having a brand that is known throughout the world. This is something that PU Prime is constantly striving toward and is well on its way to achieving.
“The partnership represents a significant step forward in the growth of our business, and we are honoured to be named alongside such a prestigious organisation.
“Thank you to the AFA for being a part of this exciting new chapter. We look forward to a long and fruitful partnership, one that pushes the boundaries of what success looks like, and drives growth for both organisations.”

Mr. Leandro Petersen, Chief Commercial and Marketing Officer of AFA, expressed his support for the partnership, stating:
“Football is a global language, and today, we add a new voice to our story by welcoming PU Prime as a valued regional partner in the world of Argentine football. We are honoured to have this exciting partnership with a partner that shares our values of excellence, innovation, and commitment to performance. Together with PU Prime, we look forward to creating meaningful experiences that unite football supporters and celebrate the spirit of the beautiful game. PU Prime, we are proud to have you with us. Welcome to the AFA family.”

Wrapping up the day was a live Q&A session with Mr. Javier Saviola, the legendary former Argentine footballer. Attendees had the exclusive chance to gain firsthand insights on leadership, legacy, and the value of global partnerships from one of the sport’s most admired icons.

Mr. Javier Saviola shared his thoughts on the collaboration:
“It’s something truly special. Representing Argentina has always been a great honor, and seeing PU Prime support the AFA means a lot to all of us. This partnership reflects the spirit of our team and helps share that passion with people all around the world.”

This event signals the beginning of a long-term partnership between PU Prime and AFA, dedicated to inspiring, engaging, and creating enduring value across both fields.

To read the full article, visit our PU Prime Newsroom.

About PU Prime
Founded in 2015, PU Prime is a leading global fintech company providing innovative online trading solutions. Today, we offer regulated financial products across various asset classes, including forex, commodities, indices, and shares. Committed to providing advanced technology and educational resources, PU Prime supports traders and investors at every stage, from beginner to professional. With a presence in over 190 countries and exceeding 40 million app downloads, PU Prime is dedicated to enabling financial success and fostering a global community of empowered traders. Discover PU Prime’s latest promotions and join us for a fruitful trading journey today.

Chloe Lee

media@puprime.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/653b62e2-7c2e-41c5-a9fc-d432e066560d

The MIL Network –

July 8, 2025
MIL-OSI Video: Focus Session – Advancing TARGET Services with DLT transactions in central bank money

Source: European Central Bank (video statements)

Focus Session – Advancing TARGET Services with DLT transactions in central bank money
https://www.ecb.europa.eu/press/intro/events/html/fs_20250715.en.html

10:10
Welcome address
The Eurosystem launched a strategy to settle transactions recorded on distributed ledger technology (DLT) using central bank money. The initiative follows a two-track approach – Pontes and Appia – and will be built on the exploratory work on new technologies for wholesale central bank money settlement done with market participants in 2024. Learn more about how this strategy supports the wider EU policies and contributes to a harmonised and integrated European financial ecosystem.
Dimitri Pattyn, Deputy Director General, ECB

10:20
Findings from the exploratory work
The Eurosystem tested three interoperability-type solutions in 2024 together with 64 participants which conducted 50 trials and experiments, with the aim of exploring the potential use of DLT to settle wholesale financial transactions. Learn more about the results of the exploratory work and the lessons learnt.
Holger Neuhaus, Head of Division, ECB

10:40
Short-term track: Pontes
Deep dive into one of the tracks – Pontes which will provide a short-term offering to the market – including a pilot phase. It will offer euro central bank money settlement, linking market DLT platforms and TARGET Services to settle financial transactions. Learn more about the project roadmap and how you can be involved.
George Kalogeropoulos, Deputy Head of Division, ECB

11:10
Long-term track: Appia
The ECB will provide insights on its work on the long-term integrated ecosystem using DLT, the collaboration with public and private stakeholders, and the international dimension.
Holger Neuhaus, Head of Division, ECB

11:25
Closing remark
Dimitri Pattyn, Deputy Director General, ECB

https://www.youtube.com/watch?v=4-EPSgBv4I8

MIL OSI Video –

July 8, 2025
MIL-OSI Banking: Secretary-General of ASEAN joins ASEAN Foreign Ministers in an Interface with Representatives of AICHR

Source: ASEAN

Secretary-General of ASEAN, Dr. Kao Kim Hourn, today participated in the ASEAN Foreign Ministers’ Interface with Representatives of the ASEAN Intergovernmental Commission on Human Rights (AICHR), held on the sidelines of the 58th ASEAN Foreign Ministers’ Meeting (AMM) and Related Meetings, in Kuala Lumpur, Malaysia. The Interface saw candid exchanges between the Ministers and AICHR Representatives on human rights in the region and highlighted the important role of AICHR in supporting ASEAN’s efforts in achieving its Community Vision 2045. The AICHR representatives also submitted the AICHR Annual Report 2025 to the 58th AMM for notation.

The post Secretary-General of ASEAN joins ASEAN Foreign Ministers in an Interface with Representatives of AICHR appeared first on ASEAN Main Portal.

MIL OSI Global Banks –

July 8, 2025
MIL-OSI Asia-Pac: Enhancement Arrangements for Offshore RMB Bond Repurchase Business announced by HKMA
Source: Hong Kong Government special administrative region

The following is issued on behalf of the Hong Kong Monetary Authority:

The Hong Kong Monetary Authority (HKMA) announced today (July 8) enhancements to the offshore RMB bond repurchase (repo) business (Note 1), to facilitate the participation of Northbound Bond Connect investors in repo business. In particular, the enhancements include:

1. Supporting the rehypothecation of bond collaterals during the repo period (Note 2):

The offshore RMB repo business has been well received by the market since its official launch on February 10, 2025. In this initial phase, the bond collaterals acquired by participating institutions are locked and managed by the Central Moneymarkets Unit (CMU) platform and cannot be re-used during the repo period. In consultation with relevant Mainland authorities and taking into account industry feedback, we will allow rehypothecation of bond collateral during the repo period, bringing this into alignment with international market practice. The enhancement will facilitate more efficient use of collaterals, reduce the financing costs for market participants, and enhance the efficiency of liquidity management.

In particular, bond collaterals can be re-used during the repo period in four specific use cases: a) for re-use in offshore repo transactions; b) as collateral for the HKMA’s RMB Liquidity Facility; c) as margin collateral at OTC Clearing Hong Kong Limited (OTCC); and d) for cash bond trading through Northbound Bond Connect. Participating institutions shall follow relevant policies and operational rules for the respective use cases when re-using the collateral (for instance, if the collateral is re-used in a new offshore repo transaction during the repo period, the participating institution should follow the latest arrangements of offshore RMB repo business as set out further below).

2. Supporting cross-currency repo (including HKD, USD and EUR):

At present, offshore RMB repo can only be settled in RMB. With the enhancement, settlement in other currencies (including HKD, USD and EUR) will be supported, with a view to facilitating participating institutions’ multi-currency funding activities by collateralising onshore RMB bond holdings, enriching their liquidity management tools, and hence increasing the attractiveness of onshore bonds.

These two enhancement measures aim to adopt international market best practices and enhance operational efficiency. They will further expand the depth and breadth of the offshore repo market, improve the market-based mechanism for offshore RMB liquidity management, and broaden the use of onshore RMB bonds as collateral in the offshore market.

The above arrangements will be officially launched on August 25, 2025.

Latest Arrangements of Offshore RMB Repo Business

To facilitate the smooth implementation of the enhancement measures, the latest arrangements for offshore RMB repo transactions (including repo transactions conducted using bond collateral acquired through a repo transaction) are set out as follows:

1. Participating Institutions:

All existing Northbound Bond Connect investors, including CMU members and offshore investors with CMU sub-accounts opened through Hong Kong custodian banks that are CMU members.

2. Eligible Bonds:

Bonds held by participating institutions under Northbound Bond Connect, and bond collaterals acquired through offshore repo transactions, regardless of bond type.

3. Market Maker Arrangement:

The 11 Primary Liquidity Providers designated by the HKMA (Note 3) will serve as market makers. Each repo transaction must involve at least one of these market makers as a counterparty.

4. Transaction and Settlement Arrangements:

(a) Master Agreement: Participants may choose their own repo agreement template (e.g., Global Master Repurchase Agreement (GMRA) or National Association of Financial Market Institutional Investors (NAFMII)’s Bond Repurchase Master Agreement, etc.).

(b) Trading Arrangement: Transactions may be conducted:
1. bilaterally over-the-counter;
2. in the same manner as existing Northbound Bond Connect transactions, and via the linkage between the infrastructures in the onshore and offshore markets;
3. through offshore electronic trading platforms; or
4. through onshore electronic trading platform.
(c) Settlement Arrangement: Settlement will be completed under the Repo Service by CMU. Settlement currencies include RMB, HKD, USD and EUR.

5. Data Reporting:

Market makers are required to report repo transaction data (Note 4) to the HKMA on the same day of the transaction for market monitoring purpose. The HKMA will further communicate with the market makers to finalise the reporting requirements and submission channels.

The operational details for bond transfer and settlement will be announced by CMU separately. The HKMA will continue to closely monitor market conditions to ensure orderly market operations. The HKMA will also maintain communication with the industry and review and adjust the arrangements as appropriate to support the robust and sustainable development of offshore RMB business.

Note 1: The HKMA announced the launch of offshore RMB bond repo business on January 13, 2025 (please refer to the HKMA press release). This measure was implemented on February 10, 2025.

Note 2: Operational details will be announced by CMU later. Currently, the rehypothecation of bond collateral is only applicable to repo transactions settled in the Delivery versus Payment model. The timeline for CMU’s tri-party repo service to support the rehypothecation of bond collateral will be notified separately in due course.

Note 3: Including 1) Agricultural Bank of China Limited, 2) Bank of China (Hong Kong) Limited, 3) Bank of Communications Co., Ltd., 4) BNP Paribas, 5) China CITIC Bank International Limited, 6) China Construction Bank (Asia) Corporation Limited, 7) Citibank, N.A., 8) Hang Seng Bank Limited, 9) The Hongkong and Shanghai Banking Corporation Limited, 10) Industrial and Commercial Bank of China (Asia) Limited and 11) Standard Chartered Bank (Hong Kong) Limited.

Note 4: The specific information to be reported includes: names of the trading institutions (including both the repo party and the reverse repo party), total amount of funds borrowed by the repo party, bond name, bond code, repo term, total face value, repo rate, transaction/first settlement date, settlement amount, trading platform/means, default-related information etc.

MIL OSI Asia Pacific News –
July 8, 2025
MIL-OSI: Aurora Mobile Partners with HashNut to Advance Stablecoin Adoption for Web3 Payments and Broader Use Cases

Source: GlobeNewswire (MIL-OSI)

SHENZHEN, China, July 08, 2025 (GLOBE NEWSWIRE) — Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the “Company”), a leading provider of customer engagement and marketing technology services in China, today announced a strategic partnership with HashNut, a leading crypto payment solution provider. This collaboration will drive the adoption of stablecoins for Web3 payments and digital applications, advancing the global circulation and commercialization of digital assets.

Aurora Mobile has already begun integrating HashNut’s Web3 payment system into several products targeting Southeast Asia and global markets. This move will enable annual stablecoin settlement volumes – including USDT and USDC – to reach several million US dollars. Leveraging HashNut’s technological expertise in on-chain fund management and smart contract payments, Aurora Mobile will significantly improve digital payment experiences in overseas markets, optimizing capital turnover efficiency.

Going forward, the partnership will extend beyond Aurora Mobile’s current ecosystem with both companies planning to co-develop stablecoin payment solutions designed to provide compliant, secure, and efficient digital payment and clearing infrastructure for overseas clients and Chinese companies expanding globally. These solutions will be applied to cross-border advertising, digital content distribution, in-app economies, and SaaS subscriptions, helping advance the large-scale adoption of digital assets in emerging markets.

Both companies will use Hong Kong as a strategic hub and its forward looking global digital finance and stablecoin regulatory frameworks to collaborate with licensed stablecoin projects and local financial clearing networks. Together, they will develop a more transparent, secure, and compliant system for fund flows, reinforcing Hong Kong’s position as a global financial center and innovation hub for digital assets.

Mr. Weidong Luo, Founder, Chairman and CEO of Aurora Mobile, commented, “HashNut’s technical capabilities in transparent on-chain payments and smart contract custody empower us to deliver a highly competitive digital payment experience to global customers. We will work closely going forward to develop open and accessible stablecoin solutions, enabling more Chinese businesses to expand globally and helping overseas clients thrive in the digital economy.”

HashNut’s CEO and Founder, Mr. Edward Du, stated, “Aurora Mobile’s robust presence in the global developer ecosystem, big data, and enterprise service markets uniquely positions it to advance stablecoin payment adoption. This strategic partnership will enhance Aurora Mobile’s products and provide next-generation stablecoin infrastructure for clients globally.”

Aurora Mobile and HashNut are committed to expanding their partnership across more regions and markets. Together, they will drive the compliance and standardization of stablecoins and decentralized payments in Web3 applications, creating greater value for companies and users globally.

About Aurora Mobile Limited

Founded in 2011, Aurora Mobile (NASDAQ: JG) is a leading provider of customer engagement and marketing technology services in China. Since its inception, Aurora Mobile has focused on providing stable and efficient messaging services to enterprises and has grown to be a leading mobile messaging service provider with its first-mover advantage. With the increasing demand for customer reach and marketing growth, Aurora Mobile has developed forward-looking solutions such as Cloud Messaging and Cloud Marketing to help enterprises achieve omnichannel customer reach and interaction, as well as artificial intelligence and big data-driven marketing technology solutions to help enterprises’ digital transformation.

For more information, please visit https://ir.jiguang.cn/.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Among other things, the Business Outlook and quotations from management in this announcement, as well as Aurora Mobile’s strategic and operational plans, contain forward-looking statements. Aurora Mobile may also make written or oral forward-looking statements in its reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about Aurora Mobile’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Aurora Mobile’s strategies; Aurora Mobile’s future business development, financial condition and results of operations; Aurora Mobile’s ability to attract and retain customers; its ability to develop and effectively market data solutions, and penetrate the existing market for developer services; its ability to transition to the new advertising-driven SAAS business model; its ability to maintain or enhance its brand; the competition with current or future competitors; its ability to continue to gain access to mobile data in the future; the laws and regulations relating to data privacy and protection; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company’s filings with the Securities and Exchange Commission. All information provided in this press release and in the attachments is as of the date of the press release, and Aurora Mobile undertakes no duty to update such information, except as required under applicable law.

For more information, please contact:

Aurora Mobile Limited
E-mail: ir@jiguang.cn

Christensen

In China
Ms. Xiaoyan Su
Phone: +86-10-5900-1548
E-mail: Xiaoyan.Su@christensencomms.com

In US
Ms. Linda Bergkamp
Phone: +1-480-614-3004
Email: linda.bergkamp@christensencomms.com

The MIL Network –

July 8, 2025
MIL-OSI: Aurora Mobile Partners with HashNut to Advance Stablecoin Adoption for Web3 Payments and Broader Use Cases

Source: GlobeNewswire (MIL-OSI)

SHENZHEN, China, July 08, 2025 (GLOBE NEWSWIRE) — Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the “Company”), a leading provider of customer engagement and marketing technology services in China, today announced a strategic partnership with HashNut, a leading crypto payment solution provider. This collaboration will drive the adoption of stablecoins for Web3 payments and digital applications, advancing the global circulation and commercialization of digital assets.

Aurora Mobile has already begun integrating HashNut’s Web3 payment system into several products targeting Southeast Asia and global markets. This move will enable annual stablecoin settlement volumes – including USDT and USDC – to reach several million US dollars. Leveraging HashNut’s technological expertise in on-chain fund management and smart contract payments, Aurora Mobile will significantly improve digital payment experiences in overseas markets, optimizing capital turnover efficiency.

Going forward, the partnership will extend beyond Aurora Mobile’s current ecosystem with both companies planning to co-develop stablecoin payment solutions designed to provide compliant, secure, and efficient digital payment and clearing infrastructure for overseas clients and Chinese companies expanding globally. These solutions will be applied to cross-border advertising, digital content distribution, in-app economies, and SaaS subscriptions, helping advance the large-scale adoption of digital assets in emerging markets.

Both companies will use Hong Kong as a strategic hub and its forward looking global digital finance and stablecoin regulatory frameworks to collaborate with licensed stablecoin projects and local financial clearing networks. Together, they will develop a more transparent, secure, and compliant system for fund flows, reinforcing Hong Kong’s position as a global financial center and innovation hub for digital assets.

Mr. Weidong Luo, Founder, Chairman and CEO of Aurora Mobile, commented, “HashNut’s technical capabilities in transparent on-chain payments and smart contract custody empower us to deliver a highly competitive digital payment experience to global customers. We will work closely going forward to develop open and accessible stablecoin solutions, enabling more Chinese businesses to expand globally and helping overseas clients thrive in the digital economy.”

HashNut’s CEO and Founder, Mr. Edward Du, stated, “Aurora Mobile’s robust presence in the global developer ecosystem, big data, and enterprise service markets uniquely positions it to advance stablecoin payment adoption. This strategic partnership will enhance Aurora Mobile’s products and provide next-generation stablecoin infrastructure for clients globally.”

Aurora Mobile and HashNut are committed to expanding their partnership across more regions and markets. Together, they will drive the compliance and standardization of stablecoins and decentralized payments in Web3 applications, creating greater value for companies and users globally.

About Aurora Mobile Limited

Founded in 2011, Aurora Mobile (NASDAQ: JG) is a leading provider of customer engagement and marketing technology services in China. Since its inception, Aurora Mobile has focused on providing stable and efficient messaging services to enterprises and has grown to be a leading mobile messaging service provider with its first-mover advantage. With the increasing demand for customer reach and marketing growth, Aurora Mobile has developed forward-looking solutions such as Cloud Messaging and Cloud Marketing to help enterprises achieve omnichannel customer reach and interaction, as well as artificial intelligence and big data-driven marketing technology solutions to help enterprises’ digital transformation.

For more information, please visit https://ir.jiguang.cn/.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Among other things, the Business Outlook and quotations from management in this announcement, as well as Aurora Mobile’s strategic and operational plans, contain forward-looking statements. Aurora Mobile may also make written or oral forward-looking statements in its reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about Aurora Mobile’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Aurora Mobile’s strategies; Aurora Mobile’s future business development, financial condition and results of operations; Aurora Mobile’s ability to attract and retain customers; its ability to develop and effectively market data solutions, and penetrate the existing market for developer services; its ability to transition to the new advertising-driven SAAS business model; its ability to maintain or enhance its brand; the competition with current or future competitors; its ability to continue to gain access to mobile data in the future; the laws and regulations relating to data privacy and protection; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company’s filings with the Securities and Exchange Commission. All information provided in this press release and in the attachments is as of the date of the press release, and Aurora Mobile undertakes no duty to update such information, except as required under applicable law.

For more information, please contact:

Aurora Mobile Limited
E-mail: ir@jiguang.cn

Christensen

In China
Ms. Xiaoyan Su
Phone: +86-10-5900-1548
E-mail: Xiaoyan.Su@christensencomms.com

In US
Ms. Linda Bergkamp
Phone: +1-480-614-3004
Email: linda.bergkamp@christensencomms.com

The MIL Network –

July 8, 2025
MIL-OSI Africa: Gabon Oil & Gas Minister Joins African Energy Week (AEW) 2025 Amid Drive to Develop Deepwater Assets

Source: APO – Report:

Sosthène Nguema Nguema, Minister of Oil & Gas of Gabon, has joined the African Energy Week (AEW): Invest in African Energies conference to discuss the country’s strategic shift towards deepwater exploration. Taking place September 29 to October 3 in Cape Town, the event represents the largest of its kind on the continent and serves as the platform of choice for global operators, financiers and service providers. Minister Nguema’s participation reflects the country’s drive to work with global partners to unlock greater value from Gabon’s oil and gas sector and is expected to create new opportunities for collaboration and investment.

With over two billion barrels of proven oil reserves and significant gas potential, Gabon seeks to increase national oil production to upwards of 220,000 barrels per day (bpd) in the short to medium term. To achieve this goal, the country is promoting fresh investment across undeveloped acreage, notably deepwater basins, which offer significant upside potential. Deepwater exploration and production will not only generate significant returns for operators but support the country’s economic growth objectives. To entice deepwater investment, Ministry of Oil & Gas is leveraging policy reform to create a more competitive business environment for foreign operators. Following the implementation of the Hydrocarbon Code in 2019, the new government has sought to strengthen fiscal terms and regulations even further. Upcoming amendments are geared towards foreign capital and will significantly improve Gabon’s business climate.

AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit http://www.AECWeek.com for more information about this exciting event.

Beyond new investments, Gabon continues to drive a series of ambitious oil and gas projects. At the forefront of this is independent energy company Perenco’s Cap Lopez LNG terminal – situated at the existing Cap Lopez oil terminal. The $2 billion development will introduce a FLNG vessel to the market, designed to monetize the country’s offshore gas reserves and reduce gas flaring. The FLNG unit features 700,000 tons of LNG and 25,000 tons of LPG, with storage capacity of 137,000 cubic meters. Production is slated for 2026, setting the country up for accelerated energy growth and diversification. Beyond Cap Lopez, Perenco’s Gabonese projects seek to bolster national oil and gas production. The company continues to expand its upstream footprint with the commissioning of the Kombi 2 platform on the Kombi- -Likalala-Libondo II permit. Currently under construction by Dixstone at the Nieuwdorp shipyard in the Netherlands, the platform is scheduled to depart in October and enter into operation offshore Pointe-Noire by early next year.

In addition to Perenco, other companies are also driving ambitious projects. Notably, BW Energy signed production sharing contracts for exploration blocks Niosi Marin and Guduma Marin in 2024, covering an eight-year exploration period with a two-year extension option. The company – alongside its partner VAALCO Energy – plans to spud a well while carrying out a 3D seismic campaign. BW Energy also has stakes in the Dussafu license, which features 14 producing wells tied back to a FPSO through a 20km pipeline. Meanwhile, China’s CNOOC launched wildcat drilling on Blocks BC-9 and BCD-10 in early-2023 on the back of 1.4 billion barrels of recoverable resource potential. The state-owned Gabon Oil Company (GOC) is also ramping up its investments. The company acquired Tullow Oil’s entire Gabonese portfolio for a sum of $300 million, a transaction that includes 10,000 bpd in production and 36 million barrels of proven reserves. GOC is committed to enhancing oil production through partnerships with international operators and strategic investments in exploration and production.

Minister Nguema’s participation at AEW: Invest in African Energies 2025 will serve to advance the country’s oil and gas industry goals. During the event, he is expected to share insights into the country’s exploration and production landscape, highlighting upcoming investment opportunities and areas of collaboration. Through his participation, operators will gain first-hand insight into the country’s oil and gas sector.

“Gabon is implementing a strategic development agenda, aimed at unlocking greater resources from the country’s oil and gas industry. By focusing on deepwater acreage, working closely with international partners and committing to enhanced production flows, the country is creating a wealth of opportunities for both companies and entrepreneurs,” states Verner Ayukegba, Senior Vice Price President, African Energy Chamber.

– on behalf of African Energy Chamber.

Media files

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MIL OSI Africa –

July 8, 2025
MIL-OSI Africa: Canon Academy Collaborates with Kwetu Film Institute in Rwanda to Expand its Educational Footprint in Africa with First-Ever Creative Workshops
Source: APO – Report:
- Canon Academy offers a comprehensive educational program featuring hands-on workshops covering a wide range of photography topics. To date, we have successfully trained 103 students through this initiative.
- The programme offers a comprehensive curriculum blending theory and practice, where expert trainers instill confidence and passion while covering essential topics like exposure triangle, composition, lighting, focus, and more.
Canon Central and North Africa (CCNA) (https://en.Canon-CNA.com), a leader in imaging technology, has officially launched the Canon Academy in Rwanda in collaboration with Kwetu Film Institute, marking the company’s first educational programme in the country. This strategic milestone reinforces Canon’s long-standing commitment to investing in Africa’s creative talent through education, empowerment, and the promotion of inclusive opportunities for emerging image-makers.

Canon Academy is a key component of the company’s broader efforts to advance the creative sector across the continent. Aligned with Canon’s Kyosei philosophy, “Living and Working Together for the Common Good,” the programme aims to equip aspiring and professional photographers in Rwanda with high-quality training, and relevant industry knowledge.

Rashad Ghani, B2C Business Unit Director, said, “The launch of the Canon Academy in Rwanda is a proud moment for us. This initiative reflects Canon’s belief in the power of education and the role of creativity role in building resilient communities. By investing in Rwanda’s young talent, we are building a bridge between imagination and opportunity, staying true to our Kyosei philosophy and our broader mission to uplift Africa’s creative economy.”

Canon Academy is dedicated to Canon users, offering hands-on experiences across a wide array of topics. Workshops are led by certified Canon trainers, ensuring that participants benefit from the expertise of seasoned professionals. The programme caters to different skill levels, from beginners to professionals, allowing each participant to grow at their own pace.

A WEEK OF LEARNING AND CREATIVITY

The inaugural Canon Academy programme, held last week in Kigali, brought together a diverse group of Rwandan participants ranging from students and beginners to semi-professionals and established photographers. Over the course of the week, participants took part in hands-on workshops, mentorship sessions, and practical exercises led by Canon-certified trainer Fred Ochieng.

Key focus areas included lighting, composition, visual storytelling, and portfolio development. These were tailored to equip participants with the technical and creative skills essential for success in Rwanda’s evolving visual storytelling landscape. In addition to skill-building, the programme offered a platform for participants to showcase their work and build meaningful connections within the creative community.

About Kwetu Film Institute

Based in Kigali, Kwetu Film Institute is one of East Africa’s premier creative hubs, committed to developing the next generation of storytellers through film and media. Founded by celebrated filmmaker Eric Kabera, the institute serves as a training ground and incubator for aspiring filmmakers, offering a blend of theoretical education and practical production experience. Kwetu is renowned for nurturing homegrown talent and using storytelling as a powerful tool for cultural preservation, dialogue, and social change.

Eric Kabera, Founder of Kwetu Film Institute, commented: “Our collaboration with Canon is a natural extension of our mission to empower creatives through access to quality education and global partnerships. Together, we are planting seeds that will grow Rwanda’s next generation of image-makers and storytellers, enabling them to compete and thrive on the global stage.”

With the establishment of this programme, Canon is further solidifying its commitment to inclusive development through localised engagement and hands-on skills training. The initiative is designed to build skills and strengthen the wider creative infrastructure within the region. By empowering young people with practical tools, industry insights, and educational opportunities, Canon is helping to transform creative potential into viable professions, ultimately contributing to the growth and diversification of the country’s creative economy.

Canon continues to prioritise the growth of Africa’s next generation of storytellers by developing platforms that harness the power of technology, education, and collaboration. The establishment of the Canon Academy in Rwanda reflects this ongoing commitment, one that extends beyond imaging innovation to champion people, purpose, and advancement across the continent.

– on behalf of Canon Central and North Africa (CCNA).

Media enquiries, please contact:
Canon Central and North Africa
Mai Youssef
e. Mai.youssef@canon-me.com

APO Group – PR Agency
Rania ElRafie
e. Rania.ElRafie@apo-opa.com

About Canon Central and North Africa:
Canon Central and North Africa (CCNA) (https://en.Canon-CNA.com) is a division within Canon Middle East FZ LLC (CME), a subsidiary of Canon Europe. The formation of CCNA in 2016 was a strategic step that aimed to enhance Canon’s business within the Africa region – by strengthening Canon’s in-country presence and focus. CCNA also demonstrates Canon’s commitment to operating closer to its customers and meeting their demands in the rapidly evolving African market.

Canon has been represented in the African continent for more than 15 years through distributors and partners that have successfully built a solid customer base in the region. CCNA ensures the provision of high quality, technologically advanced products that meet the requirements of Africa’s rapidly evolving marketplace. With over 100 employees, CCNA manages sales and marketing activities across 44 countries in Africa.

Canon’s corporate philosophy is Kyosei (https://apo-opa.co/4nD9Kzg) – ‘living and working together for the common good’. CCNA pursues sustainable business growth, focusing on reducing its own environmental impact and supporting customers to reduce theirs using Canon’s products, solutions and services. At Canon, we are pioneers, constantly redefining the world of imaging for the greater good. Through our technology and our spirit of innovation, we push the bounds of what is possible – helping us to see our world in ways we never have before. We help bring creativity to life, one image at a time. Because when we can see our world, we can transform it for the better.

For more information: (https://en.Canon-CNA.com)

Media files

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MIL OSI Africa –
July 8, 2025

MIL-OSI: Correction: Dimensional Fund Advisors Ltd. : Form 8.3 – AMERICAN AXLE & MFG HOLDINGS – Ordinary Shares

Source: GlobeNewswire (MIL-OSI)

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
Rule 8.3 of the Takeover Code (the “Code”)

KEY INFORMATION

(a)

Full name of discloser:

Dimensional Fund Advisors Ltd. in its capacity as investment advisor and on behalf its affiliates who are also investment advisors (”Dimensional”). Dimensional expressly disclaims beneficial ownership of the shares described in this form 8.3.

(b)

Owner or controller of interests and short positions disclosed, if different from 1(a):
The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.

(c)

Name of offeror/offeree in relation to whose relevant securities this form relates:
Use a separate form for each offeror/offeree

American Axle & Manufacturing Holdings Inc

(d)

If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:

(e)

Date position held/dealing undertaken:
For an opening position disclosure, state the latest practicable date prior to the disclosure

07 July 2025

(f)

In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
If it is a cash offer or possible cash offer, state “N/A”

YES
Dowlais Group PLC

POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a)

Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:

USD 0.01 common (US0240611030)

Interests

Short Positions

Number

(1)

Relevant securities owned and/or controlled:

6,732,312

5.67 %

(2)

Cash-settled derivatives:

(3)

Stock-settled derivatives (including options) and agreements to purchase/sell:

Total

6,732,312 *

5.67 %

* Dimensional Fund Advisors LP and/or its affiliates do not have discretion regarding voting decisions in respect of 229,322 shares that are included in the total above.

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b)

Rights to subscribe for new securities (including directors’ and other employee options)

Class of relevant security in relation to which subscription right exists:

Details, including nature of the rights concerned and relevant percentages:

DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a)

Purchases and sales

Class of relevant security

Purchase/sale

Number of securities

Price per unit

USD 0.01 common (US0240611030)

Purchase

5,026

4.3242 USD

There was a Transfer In of 10,380 shares of USD 0.01 common

(b)

Cash-settled derivative transactions

Class of relevant security

Product description e.g. CFD

Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position

Number of reference securities

Price per unit

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class of relevant security

Product description e.g. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Exercise price per unit

Type e.g. American, European etc.

Expiry date

Option money paid/ received per unit

(ii)

Exercise

Class of relevant security

Product description e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant security

Nature of dealing e.g. subscription, conversion

Details

Price per unit (if applicable)

OTHER INFORMATION

(a)

Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

None

(b)

Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
(i) the voting rights of any relevant securities under any option; or
(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
If there are no such agreements, arrangements or understandings, state “none”

None

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

Date of disclosure

08 July 2025

Contact name

Thomas Hone

Telephone number

+44 20 3033 3419

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

The MIL Network –

July 8, 2025

MIL-OSI: Correction: Dimensional Fund Advisors Ltd. : Form 8.3 – AMERICAN AXLE & MFG HOLDINGS – Ordinary Shares

Source: GlobeNewswire (MIL-OSI)

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
Rule 8.3 of the Takeover Code (the “Code”)

KEY INFORMATION

(a)

Full name of discloser:

(b)

(c)

Name of offeror/offeree in relation to whose relevant securities this form relates:
Use a separate form for each offeror/offeree

American Axle & Manufacturing Holdings Inc

(d)

If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:

(e)

Date position held/dealing undertaken:
For an opening position disclosure, state the latest practicable date prior to the disclosure

07 July 2025

(f)

In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
If it is a cash offer or possible cash offer, state “N/A”

YES
Dowlais Group PLC

POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(a)

Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:

USD 0.01 common (US0240611030)

Interests

Short Positions

Number

(1)

Relevant securities owned and/or controlled:

6,732,312

5.67 %

(2)

Cash-settled derivatives:

(3)

Stock-settled derivatives (including options) and agreements to purchase/sell:

Total

6,732,312 *

5.67 %

* Dimensional Fund Advisors LP and/or its affiliates do not have discretion regarding voting decisions in respect of 229,322 shares that are included in the total above.

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b)

Rights to subscribe for new securities (including directors’ and other employee options)

Class of relevant security in relation to which subscription right exists:

Details, including nature of the rights concerned and relevant percentages:

DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

The currency of all prices and other monetary amounts should be stated.

(a)

Purchases and sales

Class of relevant security

Purchase/sale

Number of securities

Price per unit

USD 0.01 common (US0240611030)

Purchase

5,026

4.3242 USD

There was a Transfer In of 10,380 shares of USD 0.01 common

(b)

Cash-settled derivative transactions

Class of relevant security

Product description e.g. CFD

Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position

Number of reference securities

Price per unit

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class of relevant security

Product description e.g. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Exercise price per unit

Type e.g. American, European etc.

Expiry date

Option money paid/ received per unit

(ii)

Exercise

Class of relevant security

Product description e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant security

Nature of dealing e.g. subscription, conversion

Details

Price per unit (if applicable)

OTHER INFORMATION

(a)

Indemnity and other dealing arrangements

None

(b)

Agreements, arrangements or understandings relating to options or derivatives

None

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

Date of disclosure

08 July 2025

Contact name

Thomas Hone

Telephone number

+44 20 3033 3419

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

The MIL Network –

July 8, 2025

MIL-OSI: SecureFoundry Unlocks Domestic Technology Innovation with Novel Approach to Semiconductor Manufacturing

Source: GlobeNewswire (MIL-OSI)

FORT WORTH, Texas, July 08, 2025 (GLOBE NEWSWIRE) — SecureFoundry, a U.S.-based semiconductor manufacturer announced today it has completed its expansion of manufacturing capabilities and reverse-engineering services designed to address gaps in the nation’s microelectronics supply chain at a time when both emerging technologies and legacy systems face increasing barriers to fabrication. With the global semiconductor market expected to reach $697 billion this year, according to Gartner, SecureFoundry fills a vital gap with low- and mixed-volume manufacturing solutions that support innovation, defense readiness, and advanced research.

Founded in 2016, SecureFoundry began by manufacturing technology for the U.S. military. Over time, the company recognized a growing market need among universities, startups, and government entities for cost-effective prototyping, short-run manufacturing, and production of obsolete parts. These are projects that often fall outside the scope of high-volume fabs, either due to scale, cost, or production lead times.

To address this, SecureFoundry operates from a trusted domestic foundry, combining traditional and maskless lithography techniques. Its flexible model allows developers to test and iterate chip designs quickly, without the high upfront investment in photomasks, thereby reducing time to market.

“There is a tremendous backlog of new and innovative chip designs waiting in the wings for development and commercialization,” said Lex Keen, CEO of SecureFoundry. “We are stepping up to address this challenge and unleash domestic technology innovation. Historically, finding the right manufacturing partner willing to perform diverse volume runs at a reasonable price has been daunting. We are making manufacturing accessible while reducing time and cost, making it possible to bring new technologies to market faster than ever before.”

In addition to prototyping and manufacturing, SecureFoundry plays a critical role in sustaining national infrastructure by enabling domestic production of legacy components. This work, including government-backed reverse-engineering programs, helps maintain operability of essential systems where even a single missing microcontroller can jeopardize broader system functionality.

“Many of these chips weren’t discontinued due to lack of demand, they disappeared because the original fabrication capability no longer exists,” Keen said. “Our ability to reverse engineer and restart production of legacy components fills this critical gap.”

SecureFoundry also partners with leading top-tier research institutions to advance new technologies. In one recent collaboration, the company supported the fabrication of photonic circuitry that had previously been impossible to fabricate through standard methods, demonstrating how accessible manufacturing can unlock dormant innovation.

SecureFoundry’s flexible production model can handle virtually any wafer size or shape, including square panels, providing developers unmatched versatility without relying on overseas production or high-volume contracts.

“Too many good ideas stall at the edge of feasibility because the manufacturing system isn’t designed to support them,” Keen added. “We built SecureFoundry to remove those barriers.”

About SecureFoundry
SecureFoundry is a proven U.S. government supplier that operates from a trusted foundry and supports the commercialization of new technologies for the military, universities, research institutes, venture capital firms, and commercial enterprises. Offering comprehensive foundry services, it unites a design platform that streamlines development and IP licensing with a full-service foundry capable of flexible-volume chip manufacturing. This approach provides greater access to chip manufacturing without the high costs of traditional foundries and enables rapid validation of new chip designs through faster and less expensive prototyping. To learn more about SecureFoundry, visit securefoundry.com.

Contact:

Stephanie Quinn
Phone Number: +1 480-316-8370
Email: squinn@kiterocket.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7a64befd-b68e-48de-8f80-43e868528a53

The MIL Network –

July 8, 2025
MIL-OSI Economics: ICC recommendations for inclusive AI that delivers for business and society
Source: International Chamber of Commerce

Headline: ICC recommendations for inclusive AI that delivers for business and society
Share this:
Inclusive AI is not just a matter of fairness – it is essential for unlocking the full potential of AI for business and society alike. Without broad access to digital infrastructure, data, skills and ethical frameworks, entire markets risk being left behind, limiting innovation and economic growth, and deepening the existing digital divide.

This not only holds back communities in the Global South but also narrows the opportunities for businesses to scale solutions, enter new markets and build globally relevant AI systems.

Why does inclusive AI matter?

Inclusive AI ensures that artificial intelligence systems actively empower and benefit people, regardless of geography or language. It opens new possibilities to accelerate sustainable development, supports transformative outcomes across critical sectors including healthcare and education, and drives innovation and economic growth across economies. By prioritising inclusion, we can ensure the benefits of AI are shared widely and help close existing global gaps.

What’s holding back inclusive AI?

Barriers such as limited digital infrastructure, lack of access to quality data and compute and significant skills gaps – especially in the Global South – are slowing inclusive AI progress. Many AI models are also not designed with diverse languages or local contexts in mind. These challenges persist despite widespread connectivity coverage. Fragmented regulatory environments, limited investment in local innovation and language barriers further widen the AI divide.

Without targeted support, these gaps will continue to exclude large parts of the world from AI-driven development.

ICC recommendations: what can business and governments do to achieve inclusive AI?

Invest in foundational infrastructure such as clean energy, broadband connectivity, and sustainable data centres.

Expand access to high-quality, interoperable public data.

Ensure inclusive digital education and workforce training across all levels.

Promote homegrown innovation, including linguistic inclusion and support for local AI ecosystems.

Adopt national strategies that align with international ethical frameworks.

Update regulatory systems, particularly around data governance, privacy, and cybersecurity.

Integrate AI standards into public procurement.

More insights

Digital economy

Overarching narrative on artificial intelligence
MIL OSI Economics –
July 8, 2025
MIL-OSI Economics: ICC recommendations for inclusive AI that delivers for business and society
Source: International Chamber of Commerce

Headline: ICC recommendations for inclusive AI that delivers for business and society
Share this:
Inclusive AI is not just a matter of fairness – it is essential for unlocking the full potential of AI for business and society alike. Without broad access to digital infrastructure, data, skills and ethical frameworks, entire markets risk being left behind, limiting innovation and economic growth, and deepening the existing digital divide.

This not only holds back communities in the Global South but also narrows the opportunities for businesses to scale solutions, enter new markets and build globally relevant AI systems.

Why does inclusive AI matter?

Inclusive AI ensures that artificial intelligence systems actively empower and benefit people, regardless of geography or language. It opens new possibilities to accelerate sustainable development, supports transformative outcomes across critical sectors including healthcare and education, and drives innovation and economic growth across economies. By prioritising inclusion, we can ensure the benefits of AI are shared widely and help close existing global gaps.

What’s holding back inclusive AI?

Barriers such as limited digital infrastructure, lack of access to quality data and compute and significant skills gaps – especially in the Global South – are slowing inclusive AI progress. Many AI models are also not designed with diverse languages or local contexts in mind. These challenges persist despite widespread connectivity coverage. Fragmented regulatory environments, limited investment in local innovation and language barriers further widen the AI divide.

Without targeted support, these gaps will continue to exclude large parts of the world from AI-driven development.

ICC recommendations: what can business and governments do to achieve inclusive AI?

Invest in foundational infrastructure such as clean energy, broadband connectivity, and sustainable data centres.

Expand access to high-quality, interoperable public data.

Ensure inclusive digital education and workforce training across all levels.

Promote homegrown innovation, including linguistic inclusion and support for local AI ecosystems.

Adopt national strategies that align with international ethical frameworks.

Update regulatory systems, particularly around data governance, privacy, and cybersecurity.

Integrate AI standards into public procurement.

More insights

Digital economy

Overarching narrative on artificial intelligence
MIL OSI Economics –
July 8, 2025
MIL-OSI Russia: Chinese Premier Calls for Commitment to Building Open Global Economy

Translation. Region: Russian Federal

Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

An important disclaimer is at the bottom of this article.

Source: People’s Republic of China – State Council News

RIO DE JANEIRO, July 8 (Xinhua) — Addressing the plenary sessions of the 17th BRICS summit on Sunday and Monday, Chinese Premier Li Qiang called for commitment to building an open world economy, opposed unilateralism and protectionism, and stressed the need to maintain stability and smooth operation of industrial and supply chains.

At the plenary sessions, the Chinese premier also touched upon topics such as strengthening multilateralism, artificial intelligence, environmental protection and climate change, and global health. The sessions were attended by leaders of BRICS countries, partner countries, guest countries, and representatives of international organizations.

Li Qiang noted that the current international economic and trade order and the multilateral trading system are facing serious challenges, and global economic recovery remains a difficult task. In expanding cooperation, BRICS should remain true to the founding purpose of the organization, meet the demands of the times, uphold and practice multilateralism, promote a fair and open international economic and trade order, join forces in the Global South, and make greater contributions to global stability and development, he said.

According to the Prime Minister, when expanding cooperation, BRICS must support the basic principles of the World Trade Organization (WTO) and promote liberalization and simplification of trade and investment procedures.

Mentioning the establishment of the China Cooperation Center for the Development of Special Economic Zones in the BRICS countries this year, Li Qiang expressed China’s readiness to work with all parties to build a network of practical cooperation.

He called on all parties to remain committed to strengthening international financial cooperation, expressing support for the expansion and strengthening of the New Development Bank and welcoming the willingness of countries in the Global South to invest in China’s financial market.

He called for an accelerated review of the World Bank’s equity stakes and the adjustment of quota shares by the International Monetary Fund, and stressed the need to enhance the representation and voice of developing countries.

Li Qiang noted that greater cooperation within BRICS should open up a “new blue ocean” of economic growth, calling for cooperation in new areas such as the digital and green economy, to make artificial intelligence (AI) the driving force of all industries and benefit every household, and to help strengthen the capacity of countries in the Global South.

China will launch the Global South Digital Development Initiative under the Global Development Initiative and plans to provide 200 training programs on digital economy and AI to Global South countries over the next five years, he said.

He added that China welcomes the participation of all countries in the World Conference on Artificial Intelligence to be held later in July.

Highlighting the growing risks in the areas of climate, environment and health, Li Qiang said the international community should form a broad consensus, take active actions and join efforts to address common challenges.

He called on the international community to strengthen global synergy in combating climate change, resolutely implement the UN Framework Convention on Climate Change and the Paris Agreement, adhere to the principle of common but differentiated responsibilities, and deepen cooperation in clean energy, carbon markets and other areas.

Developed countries must fulfill their commitments to climate change financing, technology transfer and other areas, Li Qiang stressed.

According to him, the world must achieve more tangible results in the field of environmental protection, adhere to the principle of harmonious coexistence between humanity and nature, advocate for a systems approach to management and more effectively implement the Convention on Biological Diversity and the UN Convention to Combat Desertification.

He also called for increased capacity building for public health systems, calling on the international community to support the World Health Organization’s coordinating role in global health governance, make full use of platforms such as the BRICS Vaccine Research and Development Centre, and provide more public goods to countries in the Global South.

China always fulfills its obligations and makes active contributions to global challenges within its capabilities, Li said, adding that China will continue to take concrete actions, fulfill its responsibilities and cooperate with all parties to promote greener, healthier and more sustainable global development.

The summit resulted in the adoption of the BRICS Leaders’ Statement on Global Governance in Artificial Intelligence and the BRICS Leaders’ Framework Declaration on Climate Finance. –0–

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 –

July 8, 2025
MIL-OSI Video: UK UK Economic security – Business and Trade Sub-Committee on Economic Security, Arms & Export Controls

Source: United Kingdom UK Parliament (video statements)

The Business and Trade sub-Committee questions Marks and Spencer Chairman Archie Norman on the devastating cyber-attack that has disrupted the iconic British retailer’s operations for months.

After acknowledging the attack in April, the company was forced to suspend all online sales for weeks and its website operations are not expected to be fully restored for another month or so. It is believed some customer data was also breached. Marks and Spencer has estimated the attack will hit this year’s profits by £300 million.

At around the same time in April, the Co-op Group disclosed “unauthorised access attempts” that disrupted customer and back-office services.

What happened in these two cases and what does it tell us about UK’s approach, across the public and private sectors, to countering a commercial and economic risk that may be growing to the point where it becomes “uninsurable”?

https://www.youtube.com/watch?v=KEKD0HSNAm0

MIL OSI Video –

July 8, 2025
MIL-OSI Africa: President notes US tariff announcement

Source: Government of South Africa

President notes US tariff announcement

President Cyril Ramaphosa has noted the correspondence from the United States (US) President Donald Trump on the unilateral imposition of a 30% trade tariff against South Africa.

In a letter addressed to the President on Monday, President Trump announced that he would subject imports from South Africa to new 30% tariffs that would take effect from 1 August 2025.

“This 30% tariff is based on a particular interpretation of the balance of trade between South Africa and the United States. This contested interpretation forms part of the issues under consideration by the negotiating teams from South Africa and the United States.

“Accordingly, South Africa maintains that the 30% reciprocal tariff is not an accurate representation of available trade data,” the Presidency said in a statement.

South Africa’s interpretation of the available trade data shows that the average tariff imported goods entering South Africa stands at 7.6%.

The Presidency emphasised that 56% of goods enter South Africa at 0% most favoured nation tariff, with 77% of US goods entering the South African market under the 0% duty.

“South Africa will continue with its diplomatic efforts towards a more balanced and mutually beneficial trade relationship with the United States. We welcome the commitment by the US government, that the 30% tariff is subject to modification at the back of the conclusion of our negotiations with the United States,” the Presidency said.

South Africa has continued to engage the United States, most recently at a meeting held on the side-lines of the US-Africa Summit on 23 June 2025 in Luanda.

“It was at this meeting where South Africa learned of a template with which the US wishes to engage sub-Saharan Africa on matters of trade. The South African negotiating team still awaits this template; however, President Ramaphosa has instructed the team [to] urgently engage with the US on the basis of the Framework Deal that South Africa submitted to the US on 20 May 2025.

“This framework deal addresses the issues initially raised by the US, including South Africa’s supposed trade surplus, unfair trade practices and lack of reciprocity from the US.

“The President urges government trade negotiations teams and South African companies to accelerate their diversification efforts in order to promote better resilience in both global supply chains and the South African economy,” the Presidency said.

The President has further noted that South Africa is one of a number of countries to have received this communication on 7 July 2025. – SAnews.gov.za

nosihle
Tue, 07/08/2025 – 09:55

MIL OSI Africa –

July 8, 2025
MIL-OSI Africa: Taxpayers urged to use digital platforms to communicate with SARS

Source: Government of South Africa

Taxpayers urged to use digital platforms to communicate with SARS

As the filing season for individuals is underway, the South African Revenue Service (SARS) Commissioner, Edward Kieswetter, has encouraged taxpayers to use SARS’s digital channels to engage with the organisation.

“Taxpayers do not have to expose themselves to the elements in this cold weather and stand in queues. They can conduct their tax affairs in the comfort of their homes rather than pay taxi fares,” Kieswetter said on Monday.

The Commissioner made these comments during his visit to the SARS’s Alberton Taxpayer Service Centre, where he reviewed the state of readiness as Auto Assessment begins, running from 7 to 20 July 2025.

During his visit, he was accompanied by Minister of Finance, Enoch Godongwana, who expressed his satisfaction at SARS’s state of readiness to deliver a successful and easy Filing Season for taxpayers.

The Minister and the Commissioner interacted with taxpayers, most of whom had visited the offices to update and verify their registered details, including changing emails, banking information, and cellphone numbers.

Some of the taxpayers had visited the branch to settle matters related to their outstanding tax debt and returns.

SARS stressed that there is no need to visit a SARS branch but if taxpayers must, they should first book an appointment to avoid long queues.

SARS has started to issue Auto Assessments to taxpayers whose tax affairs are less complicated. If taxpayers agree with their Auto Assessment, no further action is required from them.

“Acceptance is automatic, so taxpayers need not manually accept the Auto Assessment. Taxpayers are advised to wait for the SMS/email notice before logging in to eFiling or the SARS MobiApp.

“Refunds less than R100 due to taxpayers will automatically be paid into their bank accounts within 72 hours once the assessment is completed,” SARS said.

Filing Season 2025 opened for non-provisional and some provisional taxpayers who were not auto-assessed.

The filing period for non-provisional taxpayers is from 21 July to 20 October 2025. Provisional taxpayers’ filing window will close on 19 January 2026.

The following dates should be diarised for this year’s Filing Season:
•    Issuing of Auto Assessment notices: 7 – 20 July 2025.
•    Individual taxpayers (non-provisional): 21 July – 20 October 2025.
•    Provisional taxpayers: 21 July 2025 – 19 January 2026.

“Taxpayers are urged to be extremely careful and keep their details confidential. In the run-up to Filing Season, there will be many attempts from scammers to defraud taxpayers.

“Scammers can present themselves as SARS officials to steal taxpayers’ personal details, make them click on links, or pay money into an account. SARS will never ask taxpayers to use any link. Taxpayers must protect their eFiling login details and use only registered tax practitioners,” SARS said.

Information on the latest scams can be found on the SARS website: www.sars.gov.za.

To report or request information on phishing, taxpayers can send an email to phishing@sars.gov.za. To avoid penalties, taxpayers must submit accurate information promptly.

For a smooth and easy Filing Season 2025, taxpayers are urged to use the following communication channels with SARS:
•    SARS Website: visit www.sars.gov.za and click on the “Individuals” tab.
•    SARS Online Query System (SOQS): https://tools.sars.gov.za/soqs.
•    SARS WhatsApp: send “Hi” or “Hello” to 0800 117 277.
•    AI Virtual Assistant: available 24/7 on the SARS website to answer queries.
•    Dial *134*7277#: to access SARS services.
•    SARS YouTube: visit @sarstax for how-to videos.

– SAnews.gov.za

nosihle
Tue, 07/08/2025 – 10:17

MIL OSI Africa –

July 8, 2025

MIL-OSI United Kingdom: Largest ever budget for water regulation

Source: United Kingdom – Executive Government & Departments

Press release

Largest ever budget for water regulation

New analysis reveals largest budget for Environment Agency’s water regulation in history

New analysis reveals largest budget for Environment Agency’s water regulation in history
Massive cash injection comes through charges on water companies not from taxpayers, meaning polluters pay
The Water (Special Measures) Act introduces new levies to pay for water company enforcement activities

The largest ever budget for tackling water pollution has been handed to the country’s water watchdog, as part of the government’s plan to deliver the most significant increase in enforcement powers in a decade.

The Environment Agency, who are in charge of water company inspections and prosecutions for environmental damage, will receive a cash injection of over £189m this financial year. This will fund more enforcement officers, improved equipment and the latest technology for the regulator.

This year alone it will carry out more than 10,000 inspections of water company assets and has already launched a record 81 criminal investigations into water company pollution incidents since July 2024.

Funding has increased by 64% since 2023/2024, with all of this increase coming from charges paid by water companies rather than from the public purse. This will mean it is the polluter that paying the cost of regulating the sector, not taxpayers.

Environment Secretary Steve Reed said:

The public are furious about sewage pollution in our rivers, lakes and seas.

This government is cleaning them up, including the biggest boost to enforcement in a decade paid for by the water companies responsible for it.

Our changes give the water watchdog the resources they need to tackle pollution and clean up our rivers, lakes and seas for good – all part of the Government’s Plan for Change.

The Environment Agency has agreed to deliver tough efficiency targets over as part of the spending review, to ensure that this money is targeted on frontline delivery and enforcement. Already, the EA has driven efficiency savings of over £23 million during 2024/25. 

As a further boost, a new levy on the water sector, which is subject to consultation, will allow the EA to recover the cost of their enforcement activities in the sector – a power granted through the landmark Water (Special Measures) Act, making it easier for the regulator to take enforcement action when needed.

In addition, the EA’s programme of farm inspections has been boosted, with 6,000 a year by 2029 planned, to support the agricultural sector reduce pollution into waterways.

Notes to editors

We inherited a broken water system with record levels of sewage being pumped into our waterways. The Government is committed to cleaning up our rivers, lakes and seas for good.
Enforcement:
The Government has launched the largest crackdown on water companies in history. The era of profiting from pollution is over.
Unfair bonuses have now been banned, a record 81 criminal investigations have been launched into sewage pollution and polluting water bosses who cover up their crimes now face prison sentences.
This funding will boost the Environment Agency’s investigation and enforcement capabilities.
Investment:
The Government has secured the largest investment into the water sector in history to clean up rivers, lakes and seas in communities across the country.
£104bn in private sector investment is being invested to upgrade crumbling sewage pipes and cut sewage by nearly half by 2030.
Modernisation:
The recommendations of the Independent Water Commission, a once-in-a-generation opportunity to modernise the water industry, will form the basis of further legislation later this parliament to ensure the sector is fit for the decades to come and clean up our rivers, lakes and seas for good.

Table 1 sets out the key EA funding streams related to Water Quality, dating back to 2022/23.
EA funding comes from two main sources:

a. Grant-in-Aid funding from Defra. This pays for the EA to carry out its statutory duties, from water quality monitoring to waste crime investigations. This funding decreased slightly in 2025/26 because it is being replaced by an increase in charge income, which now covers the cost of water company inspections and enforcement.

b. Charge income. This mostly consists of charges paid by water companies for their permits (initial application fee and annual subsistence charges). It also includes the EA’s proposed water levy and some income from other government departments.

Table 1: Summary of the separate funding streams relating to WQ, from 2022-2026.

Income stream (£m)	22/23	23/24	24/25	25/26
Statutory duties including WQ (GiA)	17	19	20	22
Specific transfers for WQ (GiA)	18.7	18.3	24.1	14.8
WQ charge income (including permit charges and proposed levy income)	74	73	113	149
Other income from govt departments	4	4	4	4
Total	114	115	161	189

Published 8 July 2025

MIL OSI United Kingdom –

July 8, 2025

MIL-OSI China: Announcement on Open Market Operations No.129 [2025]

Source: Peoples Bank of China

Announcement on Open Market Operations No.129 [2025]

(Open Market Operations Office, July 8, 2025)

The People’s Bank of China conducted reverse repo operations in the amount of RMB69 billion through quantity bidding at a fixed interest rate on July 8, 2025.

Details of the Reverse Repo Operations

Maturity

Rate

Bidding Volume

Winning Bid Volume

7 days

1.40%

RMB69 billion

RMB69 billion

Date of last update Nov. 29 2018

2025年07月08日

MIL OSI China News –

July 8, 2025
BRICS must amplify voice of Global South: FM Nirmala Sitharaman

Source: Government of India

Source: Government of India (4)

Union Finance and Corporate Affairs Minister Nirmala Sitharaman, while attending the BRICS Finance Ministers and Central Bank Governors Meeting in Rio de Janeiro on Monday, underscored the importance of the BRICS grouping in representing the interests of the Global South.

Highlighting India’s economic resilience, Sitharaman credited strong domestic demand, sound macroeconomic management, and targeted fiscal measures for the country’s robust performance. She also noted that India’s policy response to global trade and financial restrictions has focused on market diversification, infrastructure-led growth, and structural reforms to enhance competitiveness and productivity.

Calling BRICS a vital platform for promoting inclusive multilateralism, the Finance Minister emphasized that at a time when global institutions face crises of legitimacy and representation, BRICS must lead by example – reinforcing cooperation, pushing for credible reforms, and amplifying the voice of the Global South.

Sitharaman also stressed that while South-South cooperation is crucial to achieving climate and development goals, the Global South should not be expected to bear the primary burden of climate action. She urged deeper cooperation among BRICS nations on sustainable development.

July 8, 2025
PM Modi set for first Namibia visit by Indian PM in nearly three decades

Source: Government of India

Source: Government of India (4)

Prime Minister Narendra Modi will embark on a landmark visit to Namibia on July 9, marking the final leg of his five-nation tour and the first visit by an Indian Prime Minister to the African nation in nearly three decades.

The visit is expected to further deepen ties between India and Namibia. The two countries share a historic relationship rooted in India’s steadfast support for Namibia’s independence struggle. India was among the earliest advocates for Namibian freedom, raising the issue at the United Nations as early as 1946 and hosting the first overseas office of the South West Africa People’s Organisation (SWAPO) in 1986.

During his stay in the capital, Windhoek, PM Modi will hold bilateral talks with President Netumbo Nandi-Ndaitwah and address a joint sitting of Namibia’s Parliament. A key highlight of the visit will be the signing of a technology agreement enabling unified payment interoperability between the two countries, aimed at enhancing cooperation in the fintech and digital sectors, according to a statement from the Ministry of External Affairs.

Namibia’s rich reserves of uranium, copper, cobalt, rare earth minerals and its recent oil discoveries are drawing renewed global attention. The country is the world’s fourth-largest producer of uranium oxide, which fuels the nuclear industry, and also produces zinc and gem-quality diamonds. With growing global demand for clean energy and battery storage, Namibia’s potential to develop new mining projects for cobalt, lithium, and rare earth elements has gained fresh relevance.

Bilateral trade between the two nations stood at around $814 million in 2023–24, with Indian exports accounting for over half that figure. Indian investments in Namibia are estimated at nearly $800 million, largely in the mining sector, including zinc and diamonds.

A notable symbol of the trust between the two nations remains the translocation of eight cheetahs from Namibia to India’s Kuno National Park in 2022 — the world’s first intercontinental transfer of a major carnivore species.

Bilateral relations have continued to strengthen over the years through high-level exchanges, development cooperation and people-to-people contacts. Then President of India, Pranab Mukherjee, paid a State Visit to Namibia in 2016, while Namibia’s President Hage Geingob attended the India–Africa Forum Summit in New Delhi in 2015. PM Modi and President Geingob last met on the sidelines of the UN General Assembly in 2019.

In June last year, External Affairs Minister S. Jaishankar visited Namibia, calling on President Geingob and co-chairing the first Joint Commission Meeting. He also inaugurated the India–Namibia Centre for Excellence in Information Technology in Windhoek.

India continues to extend development assistance and capacity-building support to Namibia through scholarships, defence training programmes and technical cooperation. Indian experts are deputed to Namibian institutions, and an Indian Air Force Technical Team has been training Namibian helicopter pilots since 1996.

The countries are exploring opportunities to expand cooperation in mining, energy, health, agriculture and infrastructure. Negotiations for a Preferential Trade Arrangement between India and the Southern African Customs Union (SACU), with Namibia as coordinator, are ongoing.

Cultural ties have also grown steadily, with regular cultural events, yoga sessions and artistic exchanges. Approximately 450 Indians, NRIs and PIOs reside in Namibia today, contributing to business and community initiatives through bodies such as the India–Namibia Chamber of Commerce and Industry and the India Namibia Friendship Association.

July 8, 2025

Maturity	Rate	Bidding Volume	Winning Bid Volume
7 days	1.40%	RMB69 billion	RMB69 billion

Category: Business

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Source: ChildFund New Zealand

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