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  • MIL-OSI Africa: Judiciary set for full institutional independence

    Source: South Africa News Agency

    Judiciary set for full institutional independence

    The process of placing the country’s judiciary under “full institutional independence” is expected to be rolled out in the 2025/26 financial year.

    This was announced by Minister of Justice and Constitutional Development, Mmamoloko Kubayi, when she was presenting the budget vote of the Office of the Chief Justice (OCJ) in Parliament, on Tuesday afternoon.

    “[This] will enable the judiciary to be a fully-fledged Arm of the State. In line with the constitution, judicial governance and court administration will be placed under the authority of the Judiciary itself,” Kubayi said. 

    The proposed model will entail structural independence, which includes both financial and operational independence. With the vision to establish a single Judiciary, the administration of the Lower Courts, including the Magistrates Commission, will also be transferred the OCJ.

    Explaining the structure of the proposed model of the Judiciary, Kubayi highlighted that the Chief Justice will become the Executive Authority of the Office of the Chief Justice, while the Secretary-General will serve as the the accounting authority of the Judiciary. 

    “The OCJ will then be re-established outside the public service and be capacitated to appoint its staff in line with its own prescripts, human resource framework tailored to judicial operations and principles of independence,” the Minister explained.

    To carry out this process, the Minister announced that a task team comprising senior officials of the Department of Justice and Constitutional Development, Presidency, Office of the Chief Justice, National Treasury, Department of Public Service and Administration (DPSA), and the Department of Public Works and Infrastructure (DPWI), has been established to chart a way for the institutional independence of the Judiciary.

    The team has been given until August to present a progress report to Cabinet on the judiciary’s institutional independence.

    “In the end, as envisaged by the founders of our democracy, we want to create a single judiciary that is an equal Arm of the State,” Kubayi affirmed.

    Budget allocation

    The Minister told Parliament that the OCJ has been allocated a budget increase of some 5.5%, which will “go a long way in ensuring efficiency and effectiveness of the courts and the judiciary as a whole”.

    “The OCJ provides direct support to the Judiciary and Superior Courts to ensure that the Judicial Arm of the State functions optimally. As such, the OCJ has been allocated a budget of R2.7 billion for the 2025/2026 Financial Year, which it operationalises through its three Programmes, namely: Administration, Superior Court Services as well as Judicial Education and Support. This allocation also includes the direct allocation for the remuneration of Judges.

    “This represents a budget increase of just over 5.5% compared to the previous financial year, which will go a long way in ensuring efficiency and effectiveness of the courts and the judiciary as a whole. In his Budget Speech, Minister of Finance has also made an undertaking to, later this year, make funds available for strengthening capabilities in the Office of the Chief Justice,” the Minister said.

    She added that the modernisation of the court system remains a key priority to “improve access to justice”, highlighting the continued rollout of the Court Online system following its successful pilot in the Gauteng Division of the High Court.

    “Court Online provides a platform for Law Firms/Litigants to file documents to the Courts electronically (E-Filing) over the Internet from anywhere, and is now operational in the Gauteng, Western Cape, KwaZulu-Natal, Mpumalanga, and Limpopo divisions. Eastern Cape is currently being rolled out and will be completed by end of July 2025. 

    “It [the system] is also being progressively implemented at the Land Court, Labour Court, and Labour Appeal Court. The envisaged full implementation of Court Online will enhance access to quality justice for all and the effectiveness of the courts,” Kubayi said.

    Another priority is the implementation of the department’s Fraud Prevention and Anti-Corruption Policy and Strategy during 2025/2026 financial year.

    This in line with the OCJ’s zero tolerance stance on corruption and fraud.

    “This policy creates a mechanism for reporting anonymously within the department and through the National Anti-Corruption Hotline, amongst other things.

    “We can inform members that following the reports of corruption in the Mthatha High Court, the OCJ has commenced with Lifestyle Audits of all employees over and above the work that is done by law enforcement agencies. Furthermore 4 officials have been suspended in Pretoria High court following allegations fraud and corruption,” Kubayi said. – SAnews.gov.za

    NeoB

    MIL OSI Africa –

  • Warm welcome for first batch of Amarnath Yatra pilgrims in Kashmir

    Source: Government of India

    Source: Government of India (4)

    Locals in Kashmir welcomed the first batch of Amarnath Yatra pilgrims with warmth and goodwill on Wednesday as they arrived in the Valley through the Navyug Tunnel.

    People from various sections of society, including members of civil society, traders, and residents of Anantnag and Kulgam districts, gathered with garlands and placards to greet the Yatris.

    The spontaneous gesture highlighted the enduring spirit of communal harmony in Kashmir and the region’s longstanding support for the annual pilgrimage.

    Earlier in the day, Jammu and Kashmir Lieutenant Governor Manoj Sinha flagged off the first batch of pilgrims from the Bhagwati Nagar Yatri Niwas in Jammu. Chanting slogans of ‘Bharat Mata Ki Jai’, ‘Bum Bum Bhole’ and ‘Har Har Mahadev’, enthusiastic devotees set out in two escorted convoys towards the Pahalgam and Baltal base camps.

    The Lt Governor, who also chairs the Shri Amarnathji Shrine Board (SASB), was accompanied by senior civil and police officials during the flag-off ceremony.

    According to officials, a total of 5,892 pilgrims left Jammu for the Valley on Wednesday. Of these, 3,403 are bound for the Nunwan base camp at Pahalgam, while 2,489 are heading to Baltal.

    This year’s Yatra is being held under tight security arrangements, with an additional 180 companies of Central Armed Police Forces deployed following the April Pahalgam terror attack.

    The 36-day pilgrimage will formally commence on Thursday and conclude on August 9, coinciding with Shravan Purnima and Raksha Bandhan.

    Pilgrims undertake the journey to the holy cave shrine located at an altitude of 3,888 metres either through the traditional Pahalgam route or the shorter Baltal route. The Pahalgam route involves a 46-kilometre trek over four days, while those opting for the Baltal route complete a 14-kilometre trek and return the same day.

    This year, no helicopter services are available for security reasons.

    The cave shrine houses the naturally formed ice Shivling, believed by devotees to symbolise the mystical powers of Lord Shiva.

    -IANS

  • MIL-OSI Economics: APEC Opens Scientist Exchange Program in Korea Sejong, Republic of Korea | 02 July 2025 APEC Policy Partnership on Science, Technology and Innovation APEC has kicked off a new exchange program to boost cross-border research, with Korea hosting the first cohort of scientists in Seoul this year.

    Source: APEC – Asia Pacific Economic Cooperation

    APEC has kicked off a new exchange program to boost cross-border research, with Korea hosting the first cohort of scientists in Seoul this year. The Scientist Invitation Program to Korea 2025 marks the first program under the APEC Scientist Exchange Initiative, a new regional effort to enhance scientific mobility and long-term collaboration.

    This is the first time APEC has launched a dedicated mobility track for scientists, signaling a significant step toward institutionalizing scientific exchange as part of the region’s broader agenda for inclusive innovation and sustainable growth.

    Funded and implemented this year by the Ministry of Science and ICT of the Republic of Korea, the program supports researchers from APEC member economies through structured training and joint research opportunities. It also offers streamlined visa application processes and fast-track entry and exit at Korean ports of entry.

    The launch comes at a time when economies are navigating post-pandemic recovery, an accelerating digital transformation and rising demand for interdisciplinary scientific talent. By investing in mobility and peer exchange, the program responds to calls for deeper regional cooperation in science and technology.

    “Capacity building and exchange programmes empower scientists to share knowledge, foster innovation and create solutions that transcend borders, driving global progress through shared mission collaborations via human-to-human exchanges,” said Hazami Habib, Vice Chair of the APEC Policy Partnership on Science, Technology and Innovation (PPSTI).

    “This could lead to not only enhanced connectivity but also significant impacts across the APEC region. The Scientist Invitation Program to Korea 2025 is a commendable initiative which stimulates further interest in collaborative research within the region,” Habib added.

    “Korea has emphasized the importance of innovation driven by cultivating science and technology talent,” said Sunghoon Hwang, Director General for International Cooperation at Korea’s Ministry of Science and ICT. “We hope that the Scientist Invitation Program will enable scientists from Korea and participating APEC members to build research networks and create scientific collaboration opportunities across the region, particularly with Korea.”

    The program offers two distinct pathways for participation. The first is a 10-day capacity-building track that includes mentoring, expert lectures and policy discussions to support future collaboration. The second is a 90-day research placement, where participants conduct joint research at leading Korean institutions. Eligible applicants must hold a PhD or a master’s degree with at least three years of relevant professional experience.

    The first session, focused on physics, ran from 26 May to 6 June in Seoul. It brought together 21 researchers and professors from Malaysia, Peru and Thailand, who engaged in lab visits, including the Center for Quantum Nanoscience at Ewha Womans University, and took part in cultural experiences that strengthened professional and personal ties.

    “This program will help me to have an international collaboration. I feel good, and this is a good opportunity for me,” said Dr Nuttawadee Intachai, a lecturer at Chiang Mai University in Thailand who participated in the session.

    The second session, focused on chemistry and involving scientists from Indonesia and the Philippines, concluded on 27 June. Upcoming sessions in earth sciences and life sciences, along with the first round of 90-day research placements, are set to begin in July.

    With up to 100 scientists expected to participate this year, the Scientist Invitation Program is laying the groundwork for a more connected, collaborative, and innovation-driven APEC region.

    The broader initiative also includes plans for an APEC Scientist Travel Card, modeled after the APEC Business Travel Card. Once developed, the card would streamline mobility for scientists attending conferences, seminars, or joint projects by facilitating visa-free or expedited entry. More information is available on the official program website.

    For media inquiries, please contact: [email protected]

    MIL OSI Economics –

  • MIL-OSI NGOs: Oxfam reaction to Spain, Brazil and South Africa launching a new coalition to tax the super-rich

    Source: Oxfam –

    In response to Spain, Brazil and South Africa’s new global coalition to tax the super-rich, launched today at the Fourth Financing for Development Conference in Seville, Oxfam Tax Justice Policy Lead Susana Ruiz said: 

    “We welcome the leadership of Brazil, Spain and South Africa in calling for taxes on the super-rich. People around the world are pushing for more countries to reject the corrupting political influence of oligarchies. Taxation of the super-rich is a vital tool to secure sustainable development and fight inequalities. The wealth of the richest 1% has surged $33.9 trillion since 2015, enough to end annual poverty 22 times, yet billionaires only pay around 0.3% in real taxes.  

    “This extreme inequality is being driven by a financial system that puts the interests of a wealthy few above everyone else. This concentration of wealth is blocking progress towards the Sustainable Development Goals and keeping over three billion people living in poverty: over half of poor countries are spending more on debt repayments than on healthcare or education. 

    “In a tense geopolitical environment, Spain, Brazil and South Africa have taken an important step in forging an alliance here at the UN conference in Seville to show political will for taxation of the super-rich. Now other countries must follow their lead and join forces. This year, the FFD in Seville, COP30 in Brazil and G20 in South Africa are key opportunities for international cooperation to tax the super-rich and invest in a sustainable future that puts human rights and equality at its core.”

    Download the Oxfam report “From Private Profit to Public Power: Financing Development, Not Oligarchy“ which was launched ahead of the Fourth Financing for Development Conference with new analysis on economic inequality.

    Greenpeace and Oxfam International commissioned a study this month on public opinion on taxing the super-rich. The research was conducted by first party data company Dynata in May-June 2025, in Brazil, Canada, France, Germany, Kenya, Italy, India, Mexico, the Philippines, South Africa, Spain, the UK and the US. The survey had approximately 1200 respondents per country, with a margin of error of +-2.83%. Together, these countries represent close to half the world’s population. See the results here.

    Oxfam will be hosting a major high-level event together with Club de Madrid, at 7pm on July 1, 2025, in Seville, joined by high-level government representatives on the media briefing note. Journalists are invited to attend and will be prioritized for questions. Please register here.

    Moreover, an official side event on inequality and tax reform will take place at 2.30pm on July 1, 2025, at the FIBES Exhibition Centre room 20 joined by high-level government representatives from Brazil, Spain and South Africa, international organizations and global experts. See note here.

    MIL OSI NGO –

  • MIL-OSI Africa: The European Union (EU) Accelerates Mining Investments Across Africa in H1 2025


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    The EU has increased financial and technical support for Africa’s mining sector in the first half of 2025, aligning its foreign investment strategy with the continent’s agenda to shape the global energy transition. In June this year, the EU named four Africa-bsed projects as part of its 13 globally strategic initiatives under the Critical Raw Materials Act. The projects include Mkango Resources’ 8,425-ton-per-annum Songwe Hill Rare Earths Project in Malawi and Frontier Rare Earths’ 4,000-ton-per-annum Zandkopsdrift magnet-grade rare earths project in South Africa. The Maniry Graphite Project in Madagascar led by Evion Group and a 6,000-ton-per-annum cobalt refinery in Zambia are also among the projects set to receive EU financial support and technical assistance.

    Amid increased EU support for African mining projects, the upcoming African Mining Week – Africa’s premier gathering for mining stakeholders, taking place from October 1–3, 2025 in Cape Town – will showcase lucrative investment and cooperation opportunities for EU companies in Africa’s burgeoning mining sector. The event will feature an EU-Africa Roundtable, showcasing the EU’s contribution to Africa’s mining sector sustainability.

    EU-DRC Mining Partnership Strengthened

    Two new programs announced by the EU this June have deepened the bloc’s mining partnership with the Democratic Republic of Congo (DRC) – the world’s top cobalt producer and Africa’s largest copper producer. The programs include the Cobalt for Development project which aims to formalize and uplift small-scale mining operations in the DRC. Meanwhile, the upcoming Panafgeo+ geological mapping program – led by France’s Bureau of Geological and Mining Research in collaboration with DRC’s Ministry of Mines – will enhance the country’s geological knowledge base. At AMW, a panel titled The Cobalt Opportunity: DRC’s Strategic Position in the EV Revolution will unpack trends and opportunities within the DRC’s cobalt sector value chain.

    EU Backs African Mineral Logistics Expansion

    The EU is also backing strategic infrastructure development to facilitate connectivity between mineral-rich African markets and EU buyers. The Africa Finance Corporation recently secured a €250 million, 10-year loan from Italy’s development bank Cassa Depositi e Prestiti to advance the Lobito Corridor, bolstering connectivity between EU markets and Angola, Zambia and the DRC. Meanwhile, the European Investment Bank has also approved a €113 million loan to co-finance the expansion of Mauritania’s iron ore rail line linking Zouérat to Nouadhibou – part of a broader €461 million investment aimed at boosting the country’s iron ore export capacity.

    EU-South Africa Partnership

    The EU recently announced a €4.7 billion financing package announced to support mineral processing, green hydrogen and transport infrastructure in South Africa, the world’s largest producer of platinum group metals. This financing package reflects a growing focus on securing diversified and sustainable mineral supply chains. At AMW, a dedicated panel exploring South Africa’s PGMs market will showcase emerging prospects for EU firms within the country’s value chain.

    Growing Support for Formalized Artisanal Mining

    The EU has also committed to the ACP-EU Technical Assistance Facility for Commodity Resource Management, which was launched in February to support artisanal and small-scale miners across Africa through formalization and training program. As part of growing efforts by African nations and international partners to uplift small-scale miners, AMW will host a panel discussion titled ASM Regulation: Balancing Formalization and Livelihood Protection. The panel will explore policies and initiatives aimed at integrating artisanal and small-scale mining into the formal mining sector.

    Distributed by APO Group on behalf of Energy Capital & Power.

    About African Mining Week:
    African Mining Week serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2025 conference from October 1-3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com.

    MIL OSI Africa –

  • MIL-OSI Africa: African Development Bank approves $47.5 million loan to spur Eswatini’s economic growth


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    The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a $47.5 million loan to the Kingdom of Eswatini. The loan will support the government’s efforts to transform the economy, achieve sustainable growth, create jobs, improve service delivery, and enhance the livelihoods of its people. 

    The Enhancing Economic Resilience and Competitiveness Program (EERCP) represents a strategic intervention to support Eswatini’s National Development Plan (2023-2028).

    This marks the first phase of a two-year program designed to strengthen the economic foundation of the southern African nation and foster sustainable growth, economic recovery, and sustainable livelihoods for Eswatini people, while addressing mounting fiscal pressures from declining Southern African Customs Union (SACU) revenues and economic headwinds.

    “This operation comes at a critical juncture for Eswatini as the country navigates challenging economic conditions while implementing ambitious reforms,” said Moono Mupotola, African Development Bank Deputy Director General for Southern Africa “Our support will help the Kingdom build fiscal resilience while creating an enabling environment for private sector-led growth that can generate jobs for young people and women.”

    Eswatini’s economy faces significant headwinds, with GDP growth declining from 5% in 2023 to an estimated 3.6% in 2024, primarily due to the impact of extreme droughts on agricultural output. The fiscal deficit has widened from 1.5% in 2023 to an estimated 1.7% in 2024, driven by underperformance in customs revenues and increased public spending pressures.

    With youth unemployment reaching 48.7% and overall unemployment at 35.4%, Eswatini urgently needs structural reforms to unleash the potential of its private sector and create opportunities for its predominantly young population.

    The program focuses on two complementary pillars: deepening fiscal and public financial management reforms, and enhancing competitiveness to promote private sector-led, inclusive, and green growth.

    The program builds on the African Development Bank’s successful track record in Eswatini, including the Support for Economic Recovery and Inclusive Growth operation and ongoing technical assistance in state-owned enterprise reforms, procurement, and the implementation of gender policy.

    The Enhancing Economic Resilience and Competitiveness Program places special emphasis on promoting inclusive growth and gender equality. Environmental sustainability is integrated throughout the program.

    The program is expected to deliver measurable improvements by reducing domestic arrears, increasing private sector growth in GDP, boosting renewable energy share, and improving Country Policy and Institutional Assessment (https://apo-opa.co/44KEUgw) scores on fiscal policy and social inclusion. The Country Policy and Institutional Assessment of the African Development Bank is a diagnostic tool that assesses, every two years, the quality of policies and the performance of institutional frameworks in the 54 African countries.

    The EERCP has been developed in close coordination with the World Bank, which provides complementary financing.

    Distributed by APO Group on behalf of African Development Bank Group (AfDB).

    Media contact:
    Emeka Anuforo
    Communication and External Relations Department
    media@afdb.org

    About the African Development Bank Group:
    The African Development Bank Group is Africa’s premier development finance institution. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). On the ground in 41 African countries with an external office in Japan, the Bank contributes to the economic development and the social progress of its 54 regional member states. For more information: www.AfDB.org

    MIL OSI Africa –

  • MIL-OSI United Kingdom: A new chapter in how we finance development: Baroness Chapman statement

    Source: United Kingdom – Executive Government & Departments

    Speech

    A new chapter in how we finance development: Baroness Chapman statement

    Minister for Development Baroness Chapman delivers UK national statement at the Fourth International Conference on Financing for Development (FFD4) in Seville.

    Good afternoon, everyone.

    Seville must be the start of a new chapter in how we finance development and sustainable growth over the next decade.

    FFD4 sets out three critical shifts; and the UK will respond.

    Firstly, helping countries to raise more of their own revenues.

    The UK will support countries to raise more finance domestically, and manage it better, by sharing expertise from our own revenue authority and finance ministry.

    And we will work with all partners to take urgent action to tackle unsustainable debt. We cannot do this alone.

    We will work through the G20 to strengthen, expand and reform the Common Framework, ensuring timely and predictable relief for debt distressed countries.

    We will work with partners to maintain momentum on reforms to the existing debt architecture including to make restructurings quicker and more efficient.

    We must also ensure future debt sustainability by pressing for more responsible and transparent lending and borrowing and scaling UK-championed clauses that pause debt repayments when a crisis hits.

    The second is on mobilising international finance at scale.

    Increasing access to finance from all sources, beyond ODA.

    Leveraging and multiplying wherever we can.

    We need private capital at a much greater scale in developing countries. We are proud to launch a coalition of governments, finance institutions, and investors at FFD4.

    With the aim of mobilising high-quality finance for emerging and developing economies through stock exchanges.

    We will work with the UK industry experts to unlock and scale up global institutional capital, develop local currency markets and help to tackle exchange rate risks in developing countries.

    I will look at the evidence on the barriers to investment, and if there need to be changes to our regulatory approach, I will need to work with international partners and groups to build a coalition to call for those changes.

    And we welcome the ambition to triple the size of MDB financing. This will require stretching balance sheets and using guarantees, but that can only get us so far. 

    We will also need to inject more capital into some MDBs, which is why the UK supports a capital increase for the World Bank’s IBRD, conditional on reforms.

    If agreed, this could unlock billions of dollars annually.  

    We have heard the call to explore new sources of climate finance. That is why we have committed to and are pushing for agreement on the International Maritime Organisation’s Net Zero Framework.

    The third is making the system work better for developing countries.

    This means getting behind countries own priorities and plans.

    It means putting women and girls at the heart of everything we do. 

    It also means simplifying and streamlining the aid architecture, so it is easier for countries to engage and access finance.

    We must do more through multilateral organisations that pool and multiply resources, and drive reform across the multilateral system to make it faster, more effective and more sustainable.

    That is why we are proud to be GAVI’s largest investor, as announced last week at the GAVI replenishment.

    It also means creating a fairer system where developing countries have greater voice and participation to shape the outcomes they need.

    That is why the UK is calling for more voice and representation for low-income and vulnerable countries in the World Bank and IMF.

    And ensuring countries can better handle shocks and build resilience to climate change.

    It is unacceptable that only 2% of crisis finance is pre-arranged when 35% of shocks are modellable. 

    That is why we are launching a global coalition to scale up the use of pre-arranged finance. And we will work with the insurance industry to help deliver this.

    I am proud that the UK will be the first country to report and publish our annual pre -arranged finance figures.

    This work is urgent and cannot wait.

    So let us make Seville a springboard for what can and must come next.

    Thank you.

    Updates to this page

    Published 2 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI Russia: HSE’s DPO Digital Ecosystem Wins Priority: Digital Award

    Translation. Region: Russian Federal

    Source: State University Higher School of Economics – State University Higher School of Economics –

    At the end of June, the results of the III National Award in the field of information technology “Priority: Digital – 2025” were summed up. HSE became a laureate in the nomination “Digital in Education” with the project digital ecosystem of additional educationThe winners of the award include the Government of Moscow, Alfa-Bank JSC, VTB Bank, Moscow Metro State Unitary Enterprise, Gazprom Neft, and Sber.

    The III National Award in the field of information technology “Priority: Digital – 2025” recognized the best domestic IT developers and promising Russian projects in the field of high technology. Receiving it confirms the high level of expertise of the winner and is an indicator of success in creating competitive world-class products.

    The award ceremony is held annually and contributes to the formation of a positive image, stimulating the development of the Russian IT market, popularizing the best practices of implementing innovations among businesses and the public. The award is designed to increase investor interest in Russian products and promote the implementation of advanced solutions for the digital transformation of business and the state.

    The digital ecosystem of additional professional education includes a marketplace of additional professional education programs with a system of personal accounts, an accounting system, an electronic educational environment, high-tech educational solutions, analytics, CRM and integration with all necessary digital systems of the university.

    Every year, HSE implements about a thousand additional education programs, attracting tens of thousands of students. Through the systematic implementation of innovative solutions and deep integration of digital tools into the educational process, we form an effective digital infrastructure for modern education, ensuring continuous professional development of specialists and increasing their competitiveness in the labor market.

    “HSE developed the CIS DPO and other elements of the digital ecosystem, and continues to develop and improve them in cooperation with leading EdTech and IT companies: Perviy Bit, iSpring, Labius LLC (Simulizator), CDO Global, Lan and others. This powerful partnership allows us to make a modern and popular product. Everyone can see for themselves: go to DPO marketplace, choose a program according to your interests and become part of a strong community of HSE DPO,” says the head Operational management of DPO Oksana Zhgun.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI Europe: The EBA consults on draft amended Guidelines on the application of the definition of default under the Capital Requirements Regulation

    Source: European Banking Authority

    The European Banking Authority (EBA) today launched a public consultation on its draft amended  Guidelines on the application of the definition of default under the Capital Requirements Regulation (CRR). As part of its commitment to financial stability, transparency, and consistency, the EBA is proposing to maintain the existing 1% threshold for net present value (NPV) loss in debt restructuring. This approach reflects a careful balance between flexibility for institutions and the need to uphold robust risk management standards. The consultation runs until 15 October 2025.

    The proposal to retain the 1% threshold is based on three key considerations:

    • The current framework is already flexible and risk-sensitive, allows effective restructuring without misclassifying defaults, and is aligned with established accounting principles.
    • Maintaining consistency with existing prudential standards helps safeguard the progress made in reducing non-performing loans and prevents regulatory arbitrage.
    • A stable threshold supports reliable credit risk modelling, ensuring accurate capital and provisioning assessments across portfolios under both IRB and IFRS 9.

    To allow for more proactive debt restructuring and reduce the potential burden on debtors, the EBA is considering a shortened probation period from 1 year to e.g. 3 months for certain forborne exposures. The draft amended Guidelines, however, do not incorporate this change, also because it would widen the gap between the definition of non-performing exposures and the definition of default.

    Besides the changes brought forward by the revised CRR, the EBA is also proposing to increase the exceptional treatment of days past due at invoice level from 30 to 90 for non-recourse factoring arrangements to better reflect the economic reality of purchased receivables.

    Consultation process

    Responses to this consultation can be sent to the EBA by clicking on the “send your comments” button on the consultation page. Please note that the deadline for the submission of comments is 15 October 2025.

    A public hearing will take place via conference call on 3 September 2025 from 11:00 to 12:00 CET. The deadline for registration is the 29 August 2025, 16:00 CET.

    All contributions received will be published after the consultation closes, unless requested otherwise.

    Legal basis and background

    The definition of default is laid down in Article 178 of Regulation (EU) No 575/2013 (Capital Requirements Regulation – CRR) and further detailed in Commission Delegated Regulation (EU) 2018/171 and the EBA Guidelines on the definition of default.

    Under Article 178(7) of CRR, as amended by Regulation (EU) 2024/1623, the European Banking Authority is mandated to review the Definition of Default guidelines which were drafted by the EBA based on the mandate in Article 178(7) of Regulation (EU) No 575/2013. While the mandate explicitly mentions that the EBA shall duly consider the need for granting a sufficient flexibility to institutions when specifying what constitutes a diminished financial obligation, the mandate also allows for the review of other parts of the framework.

    MIL OSI Europe News –

  • MIL-OSI: Delfin Midstream Enters into an Agreement with Siemens Energy to Reserve Gas Turbine Manufacturing Capacity, Expects Fall Final Investment Decision for its Leading US Energy Infrastructure Project

    Source: GlobeNewswire (MIL-OSI)

    • Enters into Early Works program with Samsung Heavy Industries and Black & Veatch in preparation for the EPCI contracting and execution of the project

    HOUSTON, July 02, 2025 (GLOBE NEWSWIRE) — Delfin Midstream Inc. (“Delfin” or the “Company”) announced today that it has entered into an agreement with Siemens Energy Inc. (“Siemens Energy”) to reserve manufacturing capacity for four SGT-750 Gas Turbine Mechanical Drive Packages. Delfin also announced that it has agreed to an Early Works program with Samsung Heavy Industries (“SHI”) and Black & Veatch Inc. (“B&V”) to further detail FLNG vessel design specifications as basis for the Lump-Sum Turn-Key Engineering, Procurement, Construction, and Integration (“EPCI”) contract and to prepare both contractors for the execution of the project. The Company’s activities are in support of a Final Investment Decision (“FID”) anticipated in the Fall of 2025 for its leading US energy infrastructure project under development in Louisiana and offshore in the Gulf.

    Dudley Poston, Delfin CEO, said: “This is an incredibly exciting time for the development of Delfin’s critical energy infrastructure project. Following the successful issuance of the deepwater port license by MARAD, all workstreams are on schedule and the project is currently on track for FID in the Fall of 2025. By making this large investment to lock-in critical manufacturing capacity, we have secured our execution schedule with the anticipated delivery of our first FLNG Vessel from Samsung Heavy Industries shipyard in 2029.”

    Karim Amin, Siemens Energy Executive Board Member said: “Siemens Energy is excited to support Delfin’s energy infrastructure project by providing the critical Gas Turbine Mechanical Drive packages the Company needs as it moves towards delivering the first offshore LNG project in the United States. The modular design, high power-to-weight ratio and ability to operate under diverse conditions make Siemens Energy gas turbines an innovative and ideal technology solution for this leading low emissions energy infrastructure project.”

    The agreement with Siemens Energy reserves manufacturing capacity for four SGT-750 Gas Turbine Mechanical Drive Packages which will be used to drive the mixed-refrigerant compressors for Delfin’s LNG liquefaction system. Delfin’s Early Works program agreement with Samsung and B&V will further detail FLNG Vessel #1 design specifications as basis for the Lump-Sum Turn-Key EPCI contract. This work will de-risk project execution and ensure both contractors are prepared for immediate project execution following a positive FID.

    On March 21, 2025, Delfin LNG LLC (“Delfin LNG”), a subsidiary of Delfin, received the first deepwater port license from the Maritime Administration (“MARAD”) authorizing Delfin LNG to own, construct, operate, and export Liquefied Natural Gas (“LNG”) from the United States. The license was issued pursuant to the Deepwater Port Act of 1974 and MARAD’s 2017 Record of Decision and is in accordance with President Trump’s Executive Order titled, “Unleashing American Energy,” signed January 20, 2025.

    Delfin is a leader in LNG export infrastructure utilizing low-cost floating LNG technology. Delfin’s brownfield deepwater port requires minimal additional infrastructure investment to support up to three floating LNG vessels producing up to 13.2 million tonnes of LNG annually. The Delfin floating LNG project has the potential to not only be the first LNG export deepwater port facility in the United States, but a significant economic contributor and job creator over the long-term.

    About Delfin
    Delfin is a leading LNG export infrastructure development company utilizing low-cost Floating LNG technology solutions. Delfin is the parent company of Delfin LNG. Delfin LNG is a brownfield Deepwater Port requiring minimal additional infrastructure investment to support up to three FLNG Vessels producing up to 13.2 MTPA of LNG. Delfin purchased the UTOS pipeline, the largest natural gas pipeline in the Gulf of America. Delfin LNG received a deepwater port license from MARAD and approval from the Department of Energy for long-term exports of LNG to countries that do not have a Free Trade Agreement with the United States. Additional information is available at www.delfinmidstream.com.

    Public Relations
    Dan Gagnier
    Gagnier Communications
    Email: Delfin@gagnierfc.com

    The MIL Network –

  • MIL-OSI: Delfin Midstream Enters into an Agreement with Siemens Energy to Reserve Gas Turbine Manufacturing Capacity, Expects Fall Final Investment Decision for its Leading US Energy Infrastructure Project

    Source: GlobeNewswire (MIL-OSI)

    • Enters into Early Works program with Samsung Heavy Industries and Black & Veatch in preparation for the EPCI contracting and execution of the project

    HOUSTON, July 02, 2025 (GLOBE NEWSWIRE) — Delfin Midstream Inc. (“Delfin” or the “Company”) announced today that it has entered into an agreement with Siemens Energy Inc. (“Siemens Energy”) to reserve manufacturing capacity for four SGT-750 Gas Turbine Mechanical Drive Packages. Delfin also announced that it has agreed to an Early Works program with Samsung Heavy Industries (“SHI”) and Black & Veatch Inc. (“B&V”) to further detail FLNG vessel design specifications as basis for the Lump-Sum Turn-Key Engineering, Procurement, Construction, and Integration (“EPCI”) contract and to prepare both contractors for the execution of the project. The Company’s activities are in support of a Final Investment Decision (“FID”) anticipated in the Fall of 2025 for its leading US energy infrastructure project under development in Louisiana and offshore in the Gulf.

    Dudley Poston, Delfin CEO, said: “This is an incredibly exciting time for the development of Delfin’s critical energy infrastructure project. Following the successful issuance of the deepwater port license by MARAD, all workstreams are on schedule and the project is currently on track for FID in the Fall of 2025. By making this large investment to lock-in critical manufacturing capacity, we have secured our execution schedule with the anticipated delivery of our first FLNG Vessel from Samsung Heavy Industries shipyard in 2029.”

    Karim Amin, Siemens Energy Executive Board Member said: “Siemens Energy is excited to support Delfin’s energy infrastructure project by providing the critical Gas Turbine Mechanical Drive packages the Company needs as it moves towards delivering the first offshore LNG project in the United States. The modular design, high power-to-weight ratio and ability to operate under diverse conditions make Siemens Energy gas turbines an innovative and ideal technology solution for this leading low emissions energy infrastructure project.”

    The agreement with Siemens Energy reserves manufacturing capacity for four SGT-750 Gas Turbine Mechanical Drive Packages which will be used to drive the mixed-refrigerant compressors for Delfin’s LNG liquefaction system. Delfin’s Early Works program agreement with Samsung and B&V will further detail FLNG Vessel #1 design specifications as basis for the Lump-Sum Turn-Key EPCI contract. This work will de-risk project execution and ensure both contractors are prepared for immediate project execution following a positive FID.

    On March 21, 2025, Delfin LNG LLC (“Delfin LNG”), a subsidiary of Delfin, received the first deepwater port license from the Maritime Administration (“MARAD”) authorizing Delfin LNG to own, construct, operate, and export Liquefied Natural Gas (“LNG”) from the United States. The license was issued pursuant to the Deepwater Port Act of 1974 and MARAD’s 2017 Record of Decision and is in accordance with President Trump’s Executive Order titled, “Unleashing American Energy,” signed January 20, 2025.

    Delfin is a leader in LNG export infrastructure utilizing low-cost floating LNG technology. Delfin’s brownfield deepwater port requires minimal additional infrastructure investment to support up to three floating LNG vessels producing up to 13.2 million tonnes of LNG annually. The Delfin floating LNG project has the potential to not only be the first LNG export deepwater port facility in the United States, but a significant economic contributor and job creator over the long-term.

    About Delfin
    Delfin is a leading LNG export infrastructure development company utilizing low-cost Floating LNG technology solutions. Delfin is the parent company of Delfin LNG. Delfin LNG is a brownfield Deepwater Port requiring minimal additional infrastructure investment to support up to three FLNG Vessels producing up to 13.2 MTPA of LNG. Delfin purchased the UTOS pipeline, the largest natural gas pipeline in the Gulf of America. Delfin LNG received a deepwater port license from MARAD and approval from the Department of Energy for long-term exports of LNG to countries that do not have a Free Trade Agreement with the United States. Additional information is available at www.delfinmidstream.com.

    Public Relations
    Dan Gagnier
    Gagnier Communications
    Email: Delfin@gagnierfc.com

    The MIL Network –

  • MIL-OSI United Kingdom: Council partnership secures long-term base for Coundon Court FC

    Source: City of Coventry

    Coventry City Council has partnered with Coundon Court Football Club to secure its future at Coundon Hall Park, establishing the site as the long-term home of the local club.

    After being accepted onto the Football Foundation’s Home Advantage Programme, the club is set to take on a 25-year lease of the pitches at Coundon Hall Park.

    The Football Foundation’s Home Advantage Programme is supported by the Premier League, The FA and Government’s Football Foundation. It aims to support grassroots clubs and organisations across the country to take on long-term leases or licences of the sites they play at.

    The club will also have the opportunity to apply for up to £250,000 in grant funding from the Foundation to improve the facilities at Coundon Hall Park. This could include security fencing, storage units, grounds maintenance machinery and catering cabins.

    Councillor Kamran Caan, Cabinet Member for Public Health and Sport, said: “It’s been fantastic to work with Coundon Court Football Club to secure their future at Coundon Hall Park.

    “Supporting local sports clubs which give members of our community the opportunity to get out, get active and take part in something they enjoy is really important.

    “This support from the Football Foundation and the Home Advantage Programme will make a real impact and firmly cement the club’s future. In addition, it will show how this could be a model across the city of best practice.”

    Coundon Court FC is a 3-star England Football-accredited club with over 30 teams, and disability and community programmes. Named ‘Club of the Year’ by Birmingham County FA, it’s proudly rooted in the local community.

    Barry Morris, Club Secretary at Coundon Court Football Club, added: “We see this as a huge opportunity for our club to have a home of its own, enabling us to offer more football provision within the local community.

    “After collecting the ‘Club of the Year’ accolade from Birmingham FA for the second time in 4 years, we already have a fantastic foundation to work from and will continue to progress.

    “Thanks to Coventry City Council and the Football Foundation for their support and confidence in working with our club on this exciting and innovative project.”

    The planned Coundon Cycleway has also been designed to accommodate the improvements at the park.

    Councillor Patricia Hetherton, Cabinet Member for City Services, said: “We have planned the route of the Cycleway to allow for a full range of activities in the park – this includes allowing room for the exciting new multi-use games area and future football pitches – spaces where local young people can come together, be active, and have fun.

    “The Coundon Cycleway scheme, funded by Active Travel England, will create a new cycleway through the park by utilising existing paths and well-trodden pedestrian routes. The project will also enhance the area with new lighting, benches, and tree planting. Additional improvements include the installation of extra bins and CCTV in both car parks, ensuring a safer and more enjoyable environment for all visitors.”

    Robert Sullivan, CEO of the Football Foundation, said: “The Football Foundation is working closely with our partners – the Premier League, The FA and Government – to unlock the power of pitches for more grassroots clubs and enable them to take pride in the place they call home.

    “We know that local authorities often lack the resources to maintain their grass pitches to a high standard, and yet the process of transferring management is often seen as complicated, expensive and therefore unattractive.

    “Through our Home Advantage Programme, the Foundation plans to provide the support and funding needed to transfer over 1,750 grass football pitches like the ones at Coundon Hall Park from local authorities to grassroots clubs and organisations across the country.

    “As well as a higher chance of success on the pitch, home grounds provide a space for people to come together through sport and help strengthen communities based on a shared sense of belonging.”

    To find out more about the programme visit the Football Foundation’s website.

    Image caption: Ant Hasker – Facilities and Investment Lead, Birmingham County FA, Eddie Gormley – Coundon Court FC Club Chairman, Peter Howarth – Coundon Court FC Volunteer, Barry Morris – Coundon Court FC Secretary, Lee Garratt – Coundon Court FC Club Manager Coordinator, Councillor Patricia Hetherton – Cabinet Member for City Services and Tim Wetherhill – Coventry City Council Parks Manager

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Coventry Music and Go CV strike a chord with new partnership

    Source: City of Coventry

    Following the success of the city’s first-ever Coventry Schools’ Arts Week, Coventry City Council is proud to announce an exciting new partnership between Coventry Music and Go CV.

    This initiative, launching in September 2025, will open up more opportunities for young people and families across Coventry to engage with music, helping to break down financial barriers to participation.

    As part of this new collaboration:

    • Go CV+ members will receive a 25% discount on direct billed music lessons with Coventry Music.
    • All Go CV card holders – regardless of card type – will enjoy free access to nearly all Coventry Music Groups.

    This partnership represents a significant step towards making music education and community engagement more accessible and inclusive for all.

    Councillor Dr Kindy Sandhu, Cabinet Member for Education and Skills at Coventry City Council said: “Music has the power to inspire, unite, and transform lives. This new partnership between Coventry Music and Go CV will ensure that more children and young people can access high-quality music opportunities, regardless of their background. It’s another step towards a fairer, more creative Coventry.”

    The announcement follows a hugely successful Coventry Schools’ Arts Week, which saw schools across the city come together in a vibrant celebration of creativity. The new partnership builds on this momentum, strengthening the Council’s commitment to cultural growth and lifelong learning.

    Councillor Kamran Caan, Cabinet Member for Public Health, Sport and Wellbeing said: “It’s fantastic to see another exciting expansion of the Go CV scheme. Go CV continues to make a real difference for people across our city — helping families save money, access fantastic opportunities, and enjoy all that Coventry has to offer. It’s a great example of how we can support local communities and promote health, wellbeing and inclusion.”

    Go CV, which is used by over 125,000 residents in the city, gives access to discounts and offers when visiting local attractions. Through the Go CV mobile app, savings can be made when shopping at local businesses too.

    Residents living in Coventry can join Go CV for free via the Go CV website. Businesses interested in partnering with Go CV and creating an offer for Coventry residents can register for free via the business portal.

    More about Coventry Music

    To keep up to date with the latest news, sign up for the Your Coventry email newsletter or follow the Council on Facebook, X, YouTube, Instagram, LinkedIn and TikTok.

    Wednesday, 2nd July 2025

    MIL OSI United Kingdom –

  • MIL-OSI Russia: Over the year, the Krasnaya Pakhra electric bus depot began servicing 10 more eco-friendly routes

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    Over the year, the Krasnaya Pakhra electric bus depot began servicing 10 more eco-friendly transport routes. Today, it provides operation of 17 routes in TiNAO. On weekdays, they make more than 38 thousand trips. The transport is managed by almost 300 professional Mosgortrans drivers. This was reported by the Deputy Mayor of Moscow for Transport and Industry Maxim Liksutov.

    “Moscow is the leader in the number of electric buses in Europe and the USA. Three years ago, we opened the first innovative electric bus park in Russia, Krasnaya Pakhra. Thanks to it, residents of nine districts of the capital use environmentally friendly transport and can comfortably get to metro stations and important points of attraction. We continue to replace buses with electric buses on the instructions of Sergei Sobyanin,” said Maxim Liksutov.

    Moscow was the first in Russia to start building innovative parks for electric buses. Now the capital is among the world leaders in the development and use of electric transport and the number one city in Europe in terms of the number of electric buses.

    House for electric buses

    Today, electric buses are serviced at 12 sites of the State Unitary Enterprise Mosgortrans. In 2022, the Krasnaya Pakhra electric bus park opened in TiNAO. Eco-friendly vehicles entered service in the Novomoskovsky and Troitsky administrative districts.

    A year later, the Mitino electric bus park was built in the northwest. With its appearance, electric buses began to run on routes in 20 districts of the capital and two nearby cities of the Moscow region. At the end of 2023, the third innovative electric bus park, Saltykovka, began operating. Thanks to this, electric buses entered the routes in the east of the city.

    Electric buses are serviced under life cycle contracts. For 15 years after transfer to Mosgortrans fleets, the manufacturing companies independently ensure the proper operation of the equipment on city routes.

    Krasnaya Pakhra is the largest electric bus park in Europe. Its total area is 10 hectares. It is designed to service up to 500 large-class electric buses. Krasnaya Pakhra has more than 200 charging posts and 34 charging stations for electric buses. In addition, the park has three lines of portal electric bus washes with a circulating water supply system.

    The Krasnaya Pakhra electric bus depot is designed for 1.6 thousand jobs. Its employees are provided with social guarantees from the Moscow Government. The depot is equipped with comfortable rest rooms, a canteen, showers and changing rooms for drivers.

    Comfortable and environmentally friendly transport

    The advantage of electric buses is that they travel smoothly and silently, for the comfort of passengers there is adaptive interior lighting, which changes from a cold shade to a warm one. When the doors are opened, an air curtain is activated, which helps maintain a comfortable temperature in the cabin. It has everything for the convenience of travel: charging ports for gadgets and media screens with useful information about the route.

    Such vehicles meet the most stringent safety and service standards. Low-floor transport is suitable for everyone, it is fully adapted for the comfort of passengers with limited mobility: the cabin has a folding ramp and driver call buttons, a storage area is provided for strollers and bicycles.

    For the safety of passengers, video cameras are installed outside and inside. In addition, this transport helps to preserve the environment: replacing one bus with an electric bus reduces carbon dioxide emissions into the environment by more than 60 tons per year.

    Innovative and reliable electric buses

    Since 2022, improved equipment has been delivered to the capital. In such vehicles, the front route indicator, increased by 18 percent, makes it even easier to see the number from afar. The interior has an electric heater, which minimizes the impact on the environment and maintains an optimal temperature. The power reserve has increased from 40-50 to 80 kilometers. At the same time, the weight of the vehicle has remained the same. In 2024, KAMAZ and LiAZ trucks with an updated design entered service.

    In 2025, new generation electric buses entered service. They became even more comfortable thanks to an improved interior layout, a 15 percent larger storage area, hand luggage space, and a modified door design. The climate control system became even more efficient, and the doors now have light strips indicating the opening and closing of the doors. The appearance became even more in line with modern trends in global industrial design.

    Under the contract with PJSC KAMAZ, this year it is planned to supply 400 innovative vehicles of the 52 222 model of the A5 generation. They are being created taking into account the operating experience of earlier electric buses and passenger feedback. Moscow’s order for the creation of new equipment supports employment in the regions and stimulates the development of domestic industry.

    In 2024, more than 70 electric bus routes were launched in the capital, and over 800 electric buses were delivered. More than 2,350 innovative KamAZ and LiAZ vehicles provide operation on over 210 routes. It is expected that by 2035, almost the entire Mosgortrans fleet will switch to electric buses.

    You can pay for your travel in any convenient way using digital validators.

    Quickly find out the main news of the capital inofficial telegram channel the city of Moscow.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/156147073/

    MIL OSI Russia News –

  • MIL-OSI Economics: Country and regional analyses underscore urgency of WTO reform

    Source: International Chamber of Commerce

    Headline: Country and regional analyses underscore urgency of WTO reform

    Building on the 2024 regional study, a new 2025 follow-up report commissioned by the International Chamber of Commerce (ICC) and conducted by Oxford Economics provides a country-level look at the consequences of WTO dissolution for ten developing economies: Brazil, Cameroon, China, Egypt, Guatemala, India, Indonesia, South Africa, Türkiye and Vietnam.

    The 2024 regional study (available in English and Spanish) showed that WTO dissolution would have devastating consequences for developing economies across the world, including:

    • A 33% drop in developing countries’ non-fuel goods trade relative to a baseline scenario with the multilateral system still in place;
    • A permanent GDP loss to developing countries of over 5% – driven in part by a 5% decline in foreign direct investment flows;
    • Acute export losses of 43% in low-income economies and 32% in middle-income countries;
    • At a regional level, trade flows in Sub-Saharan Africa and South Asia are most affected, reflective of the large number of LDCs within these groupings. 

    This new country-level analysis confirms those findings and shows the impact on ten examined developing economies:

    • Non-fuel goods exports would fall by up to 45%, with Brazil, India and China among the hardest hit. Even the least affected countries in the sample — Egypt and Guatemala — would face declines of around 20%;
    • Foreign direct investment is projected to fall between 3–6% in the ten countries studied, as rising uncertainty and trade costs undermine investor confidence;
    • Long-run GDP losses are estimated to range from 3% to 6%, with the sharpest contractions in economies highly dependent on export-led growth, such as Vietnam, China and India.

    These figures underscore what is at stake. For developing countries, the breakdown of the multilateral trading system would not just slow progress, it could reverse hard-won development gains.

    The message is clear: the multilateral trading system remains an essential foundation not only for economic growth and poverty reduction, but to also safeguard wider global interests, including supply chain resilience. Preserving and strengthening the WTO is not a theoretical exercise — it is an urgent priority for sustainable development and shared prosperity.

    Why are some countries more exposed than others?

    The research shows that countries with shallow integration into global value chains and limited trade agreements —such as Brazil and India — would face the sharpest export declines. Others, like China and Vietnam, are more integrated into global markets but remain highly dependent on a predictable, rules-based system. In all cases, a WTO dissolution would have far-reaching consequences for growth and development.

    Can FTAs replace the WTO’s rule-based system?

    While regional and bilateral trade agreements offer some protection, they do not offer the global legal certainty and broad-based commitments provided by WTO rules. Even with countries with more extensive FTA networks, such as Guatemala and Egypt, would still face major disruptions. In addition, many FTAs are built on WTO rules. If the global trading system broke down, parts of those agreements could stop working properly, and some deals might need to be rewritten.

    What needs to happen now?

    The findings reinforce the urgency of revitalising and strengthening the multilateral trading system. ICC urges governments to work together to ensure the multilateral trading system is modernised and made fit-for-purpose to meet the demands of today’s global economy.

    Without action, the cost of the erosion of the WTO will fall heaviest on those with the least ability to absorb it and the greatest need for a stable, rules-based global economy. The alternative, as this paper shows, is not just economic disruption for developing countries, but a devastating setback for global development and, ultimately, for the lives and livelihoods of billions.  

    MIL OSI Economics –

  • MIL-OSI Economics: ICC expands Principles for Sustainable Trade Finance to include social impact and supply-chain solutions

    Source: International Chamber of Commerce

    Headline: ICC expands Principles for Sustainable Trade Finance to include social impact and supply-chain solutions

    Launched during the Financing for Future Development conference taking place in Seville, Spain, the updated Principles feature new Principles for Social Trade Finance (PSoTF) that enable lenders to classify facilities whose proceeds directly benefit vulnerable or underserved populations and align with the Social Loan Principles and the United Nations Sustainable Development Goals. Additionally, the update introduces the ICC Principles for Sustainability-Linked Supply-Chain Finance (PSL-SCF), providing detailed guidance on KPI selection, target calibration, monitoring and de-classification across all parties involved. This gives buyers and their suppliers a consistent, incentive-based pathway to embed decarbonisation and social metrics in payables-finance programmes.

    Provide your feedback: Industry consultation now open until 5 September 2025

    ICC has launched a public consultation inviting feedback from stakeholders across the trade finance ecosystem on the new components (the PSoTF and PSL-SCF) of the Principles. The survey, available here, is open until 5 September 2025, and is essential to ensure the final framework balances technical rigor with practicality for users operating across diverse geographies and product sets. ICC expects to formally ratify the document in Q3/4 of 2025.

    Contact us: For more information on the Principles for Sustainable Trade Finance or to submit detailed comments, please reach out to:

    More insights

    MIL OSI Economics –

  • MIL-OSI Submissions: Australia – Tariffs, geopolitical tensions and a turning tide on inflation: here’s what CommBank’s economists are looking out for in FY26 – CBA

    Source: Commonwealth Bank of Australia (CBA)

    While global risks remain elevated, Australia’s economy is showing signs of resilience.

    “If anyone was still in any doubt that we had entered a new global economic era, the last few months have put those doubts to rest,” according to CBA’s Chief Economist Luke Yeaman and his team, today publishing ‘The CommBank View’, an in-depth analysis of economic issues in the year ahead.

    The report presents a cautiously optimistic outlook for FY26. Despite persistent global headwinds—including trade tensions and geopolitical uncertainty—the domestic economy is expected to remain resilient, buoyed by falling interest rates, stabilising inflation, and a rebound in household spending.

    Global Landscape: A New Economic Era

    CBA economists describe the current global environment as a departure from the stability of the “Great Moderation,” likening it instead to the economic volatility seen in the 1970s. The report notes:

    “Conflict, volatility, and economic nationalism will remain defining features of the global economy in FY26.”

    US trade policy is a major source of uncertainty. Tariff rates have tripled since 2024, and further hikes could again disrupt markets. Despite these tensions, the report highlights a willingness among global powers to avoid a full-scale breakdown of economic ties between major economies:

    “The US and China chose to step back from the brink and avoid full economic decoupling — for now the costs are simply too high.”

    Domestic Outlook: On the Path to a Cautious Recovery

    Australia’s economic growth is expected to step up from 1.3% to 2.3% by June 2026, with inflation settling in the RBA’s target band. In light of this, CBA economists expect the RBA to deliver 25 basis point rate cuts in both July and August, bringing the cash rate to 3.35% and then hold at those neutral levels.

    However, consumer behaviour remains a wildcard. While discretionary spending is beginning to recover, the report warns:

    “Consumers may be experiencing some scarring from the sustained cost-of-living crunch. This could see the recovery in household consumption disappoint in FY26.”

    https://youtu.be/bJt4917N5ts

    Key Tr

    MIL OSI – Submitted News –

  • MIL-OSI Russia: There will be no benefits – the expansion of mortgages with state support for families with children under 14 has been postponed

    Translation. Region: Russian Federal

    Source: Mainfin Bank –

    Why haven’t the authorities agreed to expand the “Family Mortgage”?

    The government, together with the Ministry of Finance, does not approve the expansion of preferential mortgagesThe authorities had to abandon the initiative for a number of reasons:

    high key rate – state support will require significant expenditures from the budget; the Russian budget has been formed – it is difficult to provide for additional expenses; the budget remains tense – only 2 trillion rubles are required for the implementation of preferential mortgage programs in 2025, a revision of the terms will lead to an increase in this amount.

    “The proposal may be considered when the rate drops – we plan to return to the issue and develop new conditions for preferential mortgages,” the government noted.

    It is interesting that outside the framework of lending with state support, mortgages on market terms are not available to most families in 98% of the country’s regions. High rates have led to a decrease in demand for real estate and a cooling of the market.

    What home loan terms are available to families?

    Russian families still have access to preferential mortgages launched in 2018 – the program has been extended until 2030. Since 2024, the conditions have been tightened – you can get a loan:

    families raising a child under 6 years old, as well as children with disabilities at any age; for the purchase of an apartment only in new buildings, and in small cities where the construction of apartment buildings is not actively underway – also on the secondary market; at a rate of up to 6% per annum; with a maximum amount limited to 12 million rubles in Moscow and the region, St. Petersburg and the region, 6 million rubles in other regions.

    The authorities have repeatedly stated the need to revise the parameters of preferential mortgages – loans with state support should become as targeted as possible and accessible only to those borrowers who really need to improve their housing conditions.

    10:00 01.07.2025

    Source:

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    хттпс://маинфин.ру/новости/льгот-не-будет-рассирение-ипотеки-с-господдержкой-на-семьи-с-детьми-до-14-лет-отложено

    MIL OSI Russia News –

  • MIL-OSI United Nations: Private Sector Partners Bring More Than Capital, ‘They Bring Creativity, Agility, Scale’, Deputy Secretary-General Tells International Business Forum

    Source: United Nations General Assembly and Security Council

    Following are UN Deputy Secretary-General Amina Mohammed’s remarks at the high-level session of the International Business Forum, in Sevilla, Spain, today: 

    It is a privilege to join you today at this pivotal moment for the future of development finance.

    Sadly, the world faces a sustainable development crisis.  Trade barriers are growing.  Aid budgets are shrinking.  Macroeconomic risks are mounting.  Debt burdens are dragging down growth.  Climate shocks are hitting harder and more often.  Development finance is at a critical inflection point.

    Official development assistance (ODA), long a cornerstone of international solidarity, declined by 7 per cent in real terms last year.  And further cuts are already on the table.

    But, the real picture is even starker.  Much of what is counted as ODA today is being redirected to cover domestic priorities, not long-term Sustainable Development Goals (SDG) investments.  At the same time, the SDG financing gap has ballooned to $4 trillion a year.

    Yet, amid this sobering reality lies an opportunity:  An opportunity to reimagine development finance for the world we live in now.  To move from a model built on assistance, to one driven by purpose and partnership.  From international assistance, to strategic, sustainable investment.

    In this new vision, public finance, national and international, remains essential.  Especially in sectors where market incentives are weak, but human needs are immense, like education, health, social protection.

    But public finance alone cannot carry the weight.  It must be used to unlock and leverage private investment, at scale and with speed.  The question we need to answer is clear:  What will it take for private capital to flow where it is most needed?

    The outcome document of the fourth International Conference on Financing for Development, the “Sevilla Commitment”, puts forward a compelling action agenda that seeks to answer this question.

    First, we need an enabling business environment, supported by strong institutions, policy coherence and investment pipelines.

    Second, we need better blended finance vehicles that deliver sustainable development impact and align with developing countries’ national priorities.  This requires standardizing blended finance with replicable and scalable structures, a ready pipeline of bankable projects and more transparency in the development outcomes of transactions.

    Third, we need financial innovation.  Equity instruments.  Auction mechanisms.  Creative tools that allow public and private actors to share risk and reward more fairly.

    Fourth, we must scale up aggregation platforms that expand catalytic capital and reduce transaction costs by pooling resources from international financial institutions.

    Fifth, it is time to reassess prudential regulations that may unintentionally discourage long-term investments in developing countries. We need to engage with regulators to ensure risk is not mispriced and regulation enables greater use of risk-sharing tools.

    Let’s be clear:  we must dramatically expand our sources of development capital, and we must do so urgently and intentionally.  This is why the United Nations calls on all actors across the investment ecosystem to join us in a long-term, collaborative effort to reshape development finance.

    At the UN, we are taking concrete steps to strengthen partnerships to unlock capital for sustainable development.  Platforms such as the Global Investors for Sustainable Development Alliance are bringing together private investors, foundations, policymakers and leaders across the development finance spectrum.  These leaders can shape sustainable finance frameworks, identify investment barriers and pilot innovative solutions.

    Working together, we can coordinate action, amplify impact and accelerate the global shift towards long-term, responsible development finance. Private sector partners bring more than capital.  They bring creativity, agility and scale.  They can power the transition to green energy, accelerate digital inclusion and revolutionize service delivery.

    Philanthropic partners are also uniquely positioned to take risks others cannot, test innovations and address gaps that markets and Governments may not reach.  They can back new models and ideas in early stage projects or help unlock larger flows of investment by building proof points and trust.

    Above all, our financing systems must work for those who have historically been excluded, and on a practical level that means that means removing structural barriers that keep capital out of the hands of women-led businesses, youth innovators and underserved communities.

    This is not about making tweaks here and there.  It is about rethinking the fundamentals.  The current financial system was not built for today’s world.  Let alone tomorrow’s.  We need a system that allocates capital not only by profit, but by purpose; not only by returns, but by impact.

    The next chapter of development finance is not yet written.  But, it must be a shared story written by all of us and accountable to all people.  So, let’s seize this moment and step into this new era not as donors or beneficiaries, but as equal partners, and deliver on the promise of sustainable development.  On behalf of the United Nations, I thank you for your leadership, your ideas and your resolve.

    MIL OSI United Nations News –

  • MIL-OSI Economics: 1 July 2025 Sakhalin Region to appear at EEF Far East Street as Asia-Pacific energy and logistics hub Sakhalin Region will again participate in the Far East Street exhibition, scheduled to take place on 3–9 September as part of the 2025 Eastern Economic Forum in Vladivostok. The exhibition is being organized by the Roscongress Foundation with the support of the Office of the Presidential Plenipotentiary Envoy to the Far Eastern Federal District. The country’s only island region will present major investment and social projects, share its unique history and culture, and touch on the development of unmanned aviation.

    Source: Eastern Economic Forum

    1 July 2025

    Sakhalin Region to appear at EEF Far East Street as Asia-Pacific energy and logistics hub

    Sakhalin Region will again participate in the Far East Street exhibition, scheduled to take place on 3–9 September as part of the 2025 Eastern Economic Forum in Vladivostok. The exhibition is being organized by the Roscongress Foundation with the support of the Office of the Presidential Plenipotentiary Envoy to the Far Eastern Federal District. The country’s only island region will present major investment and social projects, share its unique history and culture, and touch on the development of unmanned aviation.

    “Sakhalin Region is one of the Far East’s investment leaders. It ranks fourth on the National Investment Climate Rating and first out of the constituent entities of the Far Eastern Federal District. The manufacturing, coal, and construction industries are all growing. Awaiting entrepreneurs are TAD and free port benefits and preferential treatment in the Kurils. Science and technology are booming in the region. The President has ordered that an international campus be created. An engineering school and electrical engineering laboratory are currently in operation, the first phase of the Oil and Gas Industrial Park has been launched, and a scientific and production centre for the development of unmanned systems established, all contributing to new production facilities, new talent, and train for a new generation of specialists. The local master plan is reinventing Yuzhno-Sakhalinsk. There’s no denying there is much to showcase and be proud of in the region,” Deputy Prime Minister of the Russian Federation and Plenipotentiary Presidential Envoy to the Far Eastern Federal District Yury Trutnev said.

    The Sakhalin Region’s main pavilion on Far East Street, located next to the investor pavilion in the shape of a scallop shell, will take the form of waves and be decorated with installations related to logistics: a hydrogen train, a UAV, an aircraft, and the port of Korsakov.

    “The EEF has long played an important role in Sakhalin Region’s economic development. We have signed more than 60 agreements here in the past five years, good for some 5,700 jobs, and launched important projects in energy, transport, and education, modernizing the power grid, developing hydrogen energy, spreading gas throughout the region, modernizing port infrastructure, building medical clinics, and developing science as part of the construction of the SakhalinTech campus. It is important to us that Sakhalin and the Kuril Islands become more comfortable and that people want to visit and live here, a goal we will continue to pursue in the future,” Governor of the Sakhalin Region Valery Limarenko said.

    Inside the pavilion, there will be an installation dedicated to the 80th anniversary of Victory in the Great Patriotic War, with the exhibition ‘Roads to Victory’ telling the story of the Battle of Sakhalin and the Landing on Shumshu and a film about the expedition to the island and videos reconstructing battles in the Kholmsky and Smirnykhovsky.

    “The President of the Russian Federation has tasked us with creating a memorial complex on Shumshu, one the islands of the Kuril chain, dedicated to the Kuril landing operation, which essentially marked the end of World War II and the defeat of the Kwantung Army. Our soldiers defeated superior forces, demonstrated outstanding heroism, parachuted into the water fully equipped, and attacked tanks and firing points located on high ground. It is one of the most significant pages in our history,” Trutnev said.

    The Tourism zone will feature new historical tours like ‘The Battle of Shumshu’ and ‘The Liberation of Southern Sakhalin’, winter and summer holidays, culinary tours, and the ‘Far East – Land of Adventure’ project.

    The Sakhalin – Russian Showcase zone will feature important projects like the agglomeration master plan and regional development in medicine, science and education, logistics, culture, and the urban environment.

    Another zone has been dedicated to the results of the Sakhalin Region Development Corporation’s work over the last decade and will use multimedia technologies, among others, to report on initiatives by the Mersi Agro Sakhalin livestock complex, the Horizon residential complex, the Uyun territory development project, the agro-park, and the oil service park.

    The UAV and USV zone will showcase the island’s efforts to lead the development of unmanned systems in Russia, with a separate exhibition promoting Sakhalin’s achievements in the field.

    There are plans to host three international forums in Sakhalin Region in 2025: ‘Wings of Sakhalin’, ‘Energy of Sakhalin’, and ‘Islands of Sustainable Development: Climate’ at the new Pushisty Drone Port. The Sakhalin Expo exhibition will be dedicated to the development of congress and exhibition activities in the region.

    The main pavilion will be located next to the ‘Made in Sakhalin’ stand, which will showcase regional clothing, jewellery, souvenir, food, and health brands as well as achievements in the film industry and computer graphics. The pavilion will incorporate works by Sakhalin photographers and musicians into its design and feature a variety of murals, including an image of the Aniva lighthouse, the unofficial symbol of the region.

    The art installation ‘Happy Motherhood’ will symbolize family values in honour of 2025 as the Year of Happy Motherhood on the islands and the focus of the regional government’s social policy on demographic issues and the conditions necessary for women to be mothers without having to sacrifice their careers or their families.

    This year’s cultural programme from the Sakhalin Region will seek to promote local authors and musicians, with songs by Sakhalin composer and poet Georgy Zobov to be performed by artists from the Stage Academy and accompanied by the Aritmia dance studio and Dreambox band. Guests can look forward to performances by the duo Vishnya, who will present a combination of electronic music, songs, and ethnic music, the Larisa Dolina Academy of Pop Music ensemble, which will perform cover versions of well-known Russian hits, and stilt walkers from the 2233 theatre studio.

    A regional delegation will present a series of unique performances entitled ‘Sea Meditation’. Over the course of three days, Sakhalin artist Konstantin Kolupaev will employ his own unique technique to create paintings dedicated to the beauty and power of nature on a huge canvas as viewers observe the master at work.

    The Sakhalin Region sports programme will feature an interactive VR platform, where visitors can try their hand at downhill skiing, ski jumping, or parachuting, and the Beat the Champion chess platform.

    The Eastern Economic Forum will be held on the campus of the Far Eastern Federal University in Vladivostok from 3–6 September, during which time the Far East Street exhibition will be open to Forum participants, before opening to the general public on 7, 8, and 9 September. The Eastern Economic Forum is being organized by the Roscongress Foundation.

    Read more

    MIL OSI Economics –

  • MIL-OSI Economics: Samsung Showcases AI-Enhanced Appliances at First 2025 India Tech Seminar

    Source: Samsung

     
    Samsung hosted its first-ever India Tech Seminar in Gurugram. The landmark event was the first of its kind ever held by Samsung in the country, and it brought together around 30 journalists and tech influencers for an immersive, hands-on experience with Samsung’s latest AI-enhanced home appliances.
     
    The seminar included presentations from engineers specializing in refrigeration, laundry, and air conditioning, as well as a customer experience (CX) planner and software engineer. It showcased the enhanced capabilities of its latest products while reaffirming the company’s continued commitment to intelligent living through its “AI Home” vision.
     
    The event began with a welcome address by Ghufran Alam, Vice President, Digital Appliances Business, Samsung India, followed by a presentation from Saurabh Katyal, Head of the Digital Appliances (DA) Business at Samsung India. He introduced the India 2025 Bespoke AI lineup, which includes models already available in the Indian market — such as the Bespoke AI WindFree Air Conditioner, Bespoke AI Double Door Refrigerator, Bespoke AI Top Load Washer and the recently released Bespoke AI Laundry Combo — as well as the soon-to-launch Bespoke AI Refrigerator with AI Home.
     
    To meet the high level of interest that consumers in India have for the SmartThings ecosystem, a live demo led by Samsung’s multi-device experience (MDE) team highlighted how connected technologies support Samsung’s four core values, which are Easy to Use, Saving, Care and Secured. The demo was conducted using the 9” display on the Bespoke AI Refrigerator, serving as a central control hub that ideally showcases the SmartThings experience.
     
     

     
    Key features that were demonstrated included Map View for intuitive device control, Bixby voice commands for seamless interaction, the Knox Security Dashboard for home monitoring, and SmartThings Energy for power usage tracking and optimization. The MDE team also showcased the convenience of SmartThings Routines, which are preset automations that manage devices when users leave their homes, with the capability to automatically turn off appliances and activate security features.
     
    Additionally, Samsung engineers introduced other enhanced features and explained how AI Energy Mode, which is part of SmartThings Energy, functions across the appliance lineup.
     
    Refrigerators
     
    • The Bespoke AI Refrigerator with AI Home features the upgraded AI Vision Inside, which recognizes a wider range of food items to help users manage groceries more efficiently.
     
    • The Bespoke AI Double Door Refrigerator is equipped with Twin Cooling Plus for independent fridge and freezer cooling, and the Convertible 5-in-1 feature, which allows users to flexibly adjust compartments to meet their storage needs. AI Energy Mode helps reduce power consumption through optimized temperature control.
     

     
    Washing Machines
     
    • The Bespoke AI Laundry Combo is a heat pump washer-dryer newly launched in India, featuring AI Wash, which detects load weight, fabric type, and soil level to adjust washing performance, and a heat exchanger for faster, energy-efficient drying.
     
    • The Bespoke AI Top Load Washer is Samsung’s first top-load washer in India with AI features, offering AI Wash, AI VRT+ for noise and vibration reduction, and AI Energy Mode to optimize energy usage based on user habits.
     
     

    Air Conditioners
     
    • The Bespoke AI WindFree Air Conditioner offers draft-free cooling via 23,000 micro-holes, AI Fast & Comfort Cooling, and AI Energy Mode, which learns user behavior to reduce energy consumption by up to 30%.
     
    “The Tech Seminar was a great opportunity to deliver detailed insights into our innovative and trustworthy technologies directly from our engineers to the Indian media,” said Ghufran Alam, Vice President of the DA Business at Samsung India. “We’re proud to continue building meaningful connections with our customers through smarter, AI-enhanced experiences.”
     
    For more information on Samsung’s latest AI-powered home appliances and SmartThings innovations, please visit www.samsung.com.

    MIL OSI Economics –

  • MIL-OSI Africa: South Africa issues first permit to vaccinate against Avian Influenza

    Source: South Africa News Agency

    Wednesday, July 2, 2025

    South Africa is set to launch its first-ever poultry vaccination campaign in the coming days, marking a significant step in the country’s effort to minimise the risk of highly pathogenic avian influenza (HPAI) outbreaks.

    This follows the Department of Agriculture’s approval of a vaccination permit issued to Astral Foods Limited on 30 June 2025, authorising the company to begin vaccinations against the HPAI virus at one of its broiler breeder farms.

    Making the announcement on Tuesday, Agriculture Minister John Steenhuisen confirmed that the initial phase of the campaign will begin with 200 000 broiler breeders, representing approximately five percent of Astral’s total breeding stock, valued at approximately R35 million.

    Steenhuisen hailed this milestone as a testament to the strong partnership between government and the poultry industry in safeguarding national food security and protecting the livelihoods of thousands of South Africans.

    He emphasised that the vaccination campaign is a vital step to strengthen flock immunity and prevent the devastating economic losses witnessed during previous outbreaks.

    “The 2023 outbreak resulted in millions of birds being culled, which led to severe supply disruptions that affected both producers and consumers. The vaccine being used – targeting the H5 strain of the virus – is already approved for use in other countries implementing vaccination strategies against HPAI.

    In May, South Africa suspended imports of live poultry, eggs and fresh (including frozen) poultry meat from Brazil following an outbreak of highly pathogenic avian influenza.

    The decision followed a report from Brazil’s Ministry of Agriculture and Livestock, confirming an outbreak of highly pathogenic avian influenza (H5N1 – clade 2.3.4.4b) on 15 May 2025. – SAnews.gov.za
     

    MIL OSI Africa –

  • MIL-OSI United Kingdom: Pride in London 2025 – information for businesses and residents | Westminster City Council

    Source: City of Westminster

    Pride in London is taking place on Saturday 5 July. Pride has returned to the heritage route it has used since 2022: commencing on Piccadilly near to Hyde Park Corner, travelling along Piccadilly, crossing Piccadilly Circus, turning into Haymarket, then turning left towards Trafalgar Square and dispersing on Whitehall Place.

    View the Pride in London interactive parade map

    The event areas include:

    • Trafalgar Square – Main stage
    • Golden Square – The World Stage
    • Leicester Square – LGBTQI, Women and Non-Binary Stage
    • Dean Street – The Cabaret Stage
    • Soho Square – Trans and Non-Binary Stage, with Pride in London Community Market
    • Victoria Embankment Gardens – The Family Area

    All event areas run from 12pm to 8pm with the exception of the Family Area which will run from 12pm to 6pm.

    Road closures

    During the event, vehicle access and parking along the parade route and in the event areas, including Piccadilly and Soho, will be restricted.

    Find out more about road closures during the parade

    Once Piccadilly is closed to traffic, the only route into the area around St James’s Square/South of Piccadilly will be via Marlborough Road and St James’s Park. Local access into this area will be possible via St James’s Park roads during Pride due to the Royal Parks keeping the roads open (unlike a usual Saturday)

    There are also pedestrian crossing points across Piccadilly which go in both directions.

    Resident parking

    Zone G Permit holders will be able to park in Resident Parking Bays in E (Mayfair) and F (north of Oxford Street) zones during the event parking suspensions. This will be from 6:30pm on Friday 4 July 2025 to 8:30am on Monday 7 July 2025.

    Find out more about our parking zones.

    Information for businesses

    Businesses should be aware of road closures and arrange for any deliveries or waste collections to take place outside of the road closure times, as vehicles will not be allowed to travel through. Commercial waste should not be left out on street during the event and must either be collected outside of the road closure times or stored within the premises.

    Pride offers the opportunity for businesses to be involved in the event, which may include extending your business operation into the street. Full details on this is provided in the Pride Business Pack, including how to get in touch with the relevant Pride team and information on licensing.

    If you are a licensed premises, you must follow the conditions of your premises licence.

    If you are located in the Soho or surrounding areas and would like to do anything that impacts the highway (including pavements) outside of your normal operation, you must apply to do so. The Pride in London footprint can become very crowded and so it may not be possible to grant permission for some requests.

    In all other areas we ask you to consider if al-fresco street dining can be operated safely. Pride in London will not provide any barriers or security staff to enable you to manage al-fresco dining.

    For more information about licensing and conditions to be observed, please refer to the Business Information Pack or email rbl@prideinlondon.org for a copy. 

    Parks

    The following Westminster Parks and Gardens will have altered opening hours and may have sections closed for public access due to the set up of the event:

    Victoria Embankment Gardens

    • Bandstand paved area and some of the central pathway will be closed on Friday 04 July
    • The Gardens will be open to the public for the event from 12pm to 6pm on Saturday 5 July
    • it will reopen at 7am on Sunday 6 July

    Leicester Square Gardens

    • East side of the Gardens will be closed on Friday 4 July
    • The Gardens will be open to the public for the event from 12pm to 8pm on Saturday 5 July
    • it will reopen at 10am on Sunday 6 July

    Golden Square Gardens

    • North and East side of the Gardens will be closed on Friday 4 July
    • The Gardens will be open to the public for the event from 12pm to 8pm on Saturday 5 July
    • it will reopen at 10am on Sunday 6 July

    Soho Square Gardens

    • North West side of the Gardens will be closed on Friday 4 July
    • The Gardens will be open to the public for the event from 12pm to 8pm on Saturday 5 July
    • it will reopen at 10am on Sunday 6 July

    St Anne’s Church Gardens

    • The Gardens will be closed to the public on Saturday 5 July
    • it will reopen at its normal time of 10am on Sunday 6 July

    Further Information

    If you wish to contact the Pride in London Resident and Business Liaison team, please email rbl@prideinlondon.org

    You can also contact them on the day of the event on 0204 576 9744

    To contact our Events and Filming Team please email: eventsandfilming@westminster.gov.uk

    If you have a noise or street problems to report on the night, please use the Report It webpage

    MIL OSI United Kingdom –

  • MIL-Evening Report: Politics with Michelle Grattan: Kerrynne Liddle on seizing more opportunities with Indigenous Australians

    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra

    From this Sunday, Australians will be celebrating NAIDOC Week, which marks its 50th anniversary this year.

    The week highlights the achievements, history and culture of Australia’s First Peoples. It’s also a time to reflect on the huge effort needed to materially improve the lives of Indigenous communities and individuals.

    On this podcast, we’re joined by Senator Kerrynne Liddle, an Arrernte woman and the first Aboriginal federal parliamentarian from South Australia. Senator Liddle is shadow minister for Indigenous Australians and shadow minister for social services on Opposition Leader Sussan Ley’s frontbench.

    On the Closing the Gap targets, which shows progress being made on only four of the 19 targets, Liddle says a stronger focus is required on early intervention.

    Across all of these areas we know that a very small amount of money goes into prevention and early intervention. And if I take incarceration specifically, in the prison system, we know that 60% of people that are in there actually are often return people. So recidivism is a major issue.

    When you look at the reason why many people are in custody, it is because of violence. So addressing the key issue of violence – hopefully before it begins – is going to be really, really important here.

    But also responding quick enough to support those victim-survivors, who need to be able to remove themselves from that situation, or remove the perpetrator from that situation. That’s going to be crucial for people to able to improve outcomes for themselves. Because if there is much disruption and dysfunction in a family, everyone is affected.

    Liddle says the problems are known, but money isn’t getting to the right places fast enough.

    Only two weeks ago, I was in Mutitjulu in Central Australia, at Uluru. People there were talking about how infrastructure is failing to keep up with demand. They were talking about how people struggle to navigate the service system. They talk about how children don’t have enough activities out of school and they didn’t have enough sports and recreation people.

    This is not new, these are things we hear over and over again. The frustration is money flowing, in a timely manner, and actually ensuring that there is accountability that the money has flowed effectively and for the purpose that it was intended.

    Liddle says her focus will remain on having those “unpleasant conversations” focused on real outcomes, rather than on symbolic causes.

    I just want to say that conversations about acknowledgement of country, welcome to country, and the flags frustrate me when I know that there are children who are deaf before they actually get to school. There are children who aren’t attending school. There are children who are hungry and are finding themselves wandering the streets at night, because it’s not safe to go home.

    They’re the kinds of things I want to continue to talk about, because those are the issues that affect children every single night.

    Drawing on her experience before entering politics, Liddle says helping Indigenous workers integrate into the broader economy can improve personal outcomes.

    These are not intractable [problems]. We can find solutions. I saw that myself, when I was working at [Indigenous tourism company] Voyages. I saw it when I was working in Santos. There were so many good stories about people that just wanted an opportunity. And when it was given to them in sufficient measure, with the right supports that they needed to be successful, they took it up every single time.

    And what was really valuable for them was they were part of the general economy. They were part of the general society. They were a part of the workplace.

    They weren’t relegated to a special Aboriginal employment programme that they could sit on for the rest of their life. It was about saying, ‘you know what? You belong in the economy with all of us and here’s a place for you and we’re going to help you to take that up’. As a person who’s worked in this area, it is extremely satisfying when you identify that opportunity, create that opportunity, and people do respond to that opportunity.

    Michelle Grattan does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Politics with Michelle Grattan: Kerrynne Liddle on seizing more opportunities with Indigenous Australians – https://theconversation.com/politics-with-michelle-grattan-kerrynne-liddle-on-seizing-more-opportunities-with-indigenous-australians-260288

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI United Kingdom: Customers to receive up to £2000 for water service failures

    Source: United Kingdom – Executive Government & Departments

    Press release

    Customers to receive up to £2000 for water service failures

    Uplifts to Guaranteed Service Standard Scheme will result in up to tenfold increase for customer compensation when they’ve been failed by water companies

    • Increase to water company reimbursements put more money back into customers’ pockets when their services are hit
    • Triggers for compensation to be expanded to include company failure to conduct meter readings and installations
    • One of Environment Secretary’s first promises in office delivered as government rolls out plan to reform the water sector

    Water companies will increase compensation payments to customers up to tenfold from today (2 July), ensuring that the public are more fairly reimbursed for supply issues and low standards of service.  

    Customers will automatically receive more money for issues such as continued low water pressure and cancelled appointments. 

    A key step in the government’s mission to reform the water sector, the move marks the first uplift in compensation rates in 25 years, with the government recognising the urgent need to bring payments in line with inflation and properly compensate households for poor service. 

    Severe issues such as flooding will see customer compensation double from £1,000 to up to £2,000, while households suffering consistent low water pressure will be automatically eligible to receive up to £250 – a huge uplift from the previous compensation rate of just £25.  

    From today, no action will be needed from eligible customers as payments will automatically be credited back to their accounts. 

    Environment Secretary Steve Reed said:  

    Too many water companies are letting down their customers – with leaking pipes, poor water supply and low water pressure.  

    The Government is holding water companies to account by making them put money back into people’s pockets when they fail their customers.

    The government is also working with water companies to expand the list of circumstances that will trigger compensation payments. Compensation for when customers are asked to boil their water due to contaminated supply will come into force later this year. 

    The standards, outlined in the Guaranteed Standards Scheme, set out a baseline for customer service in the water sector. They include providing timely restoration of water supply following an interruption, responding to written complaints and managing the risk of sewer flooding.  

    This comes as part of the government’s action to cut sewage spills and attract investment in the sector, including:  

    • Strengthening regulation to ensure polluting water bosses who cover up their crimes now face two-year prison sentences.
    • Banning unfair bonuses for bosses of six polluting water companies.
    • Launching a record 81 criminal investigations into sewage pollution.
    • Securing £104bn in private sector investment to upgrade crumbling sewage pipes and cut sewage by nearly half by 2030.
    • Launching the Independent Water Commission led by Sir John Cunliffe to modernise the water industry and work with companies and their investors to make the industry one of growth and opportunity.

    Mike Keil, Chief Executive of the Consumer Council for Water (CCW), said:  

    Customers expect to be treated fairly when their water company lets them down, so we’re delighted the Government has moved at pace to strengthen service standards.”  

    This should give people peace of mind they now have far stronger protection from a much broader range of water company service failures – from the slow installation of water meters to the mishandling of debt recovery. As well as bolstering payments for thousands of customers, these changes mark an important step towards restoring trust in the water sector which is at an all-time low.

    David Black, Chief Executive of Ofwat said: 

    We welcome these improvements to guaranteed standards and payments for customers. 

    When customers suffer from problems like low pressure, disruptions to supply or sewer flooding they can experience major stress and inconvenience, and payment amounts must recognise the disruption to their lives when standards are not met.  

    These new changes are another way to make sure customers are protected when companies get it wrong.

    Annex A

    Summary of updates to payment levels for existing standards:

    Existing Standards Coming into force date Old GSS payment New GSS payments Uplift
    Household Non-Household Household Non-Household Household Non-Household
    Appointments not made properly 2 July £20 £40 100%
    Appointments not kept Uprated payments to existing standard – 2 July
    Amended standard 1 Oct    		 £20 £50 150%
    Account queries not actioned on time Uprated payments to existing standard – 2 July
    Amended standard 1 Oct    		 £20 £40 100%
    Requests to change payment arrangements not actioned on time Uprated payments to existing standard – 2 July
    Amended standard 1 Oct    		 £20 £40 100%
    Complaints not actioned on time Uprated payments to existing standard – 2 July
    Amended standard 1 Oct    		 £20 £40 100%
    Less than 48 hours’ notice of planned supply interruption of more than 4 hours 2 July £20 £50 £50 £100 150% 100%
    Supply not restored on time 2 July £20, and £10 for each subsequent 24 hours £50, and £25 for each subsequent 24 hours £50, and £50 for each subsequent 12 hours £100, and £100 for each subsequent 12 hours 150% for initial payment,
    400% for subsequent payment and halved subsequent payment period    		 100% (for both initial and subsequent payment)
    and halved subsequent payment period
    Low pressure 2 July £25
    (once per financial year)    		 £50, up to five payments per financial year – equivalent to just over the average water bill.
    Automatic £250pa for customers with ongoing low pressure    		 100% and increased annual maximum by 10x
    Internal flooding from sewers 2 July Payment equal to annual sewerage charges
    (Minimum payment of £150. Maximum of £1000)    		 Payment equal to annual sewerage charges, at minimum of £300 and maximum of £2000 Min and Max increased by 100%, with provision for repeated incidents in a year to warrant further increases to the maximum (see fig 1)
    External flooding from sewers 2 July Payment equal to 50% of annual sewerage charges
    (Minimum payment of £75. Maximum of £500)    		 Payment equal to 50% of annual sewerage charges, at minimum of £150 and maximum of £1000 Min and Max increased by 100%, with provision for repeated incidents in a year to warrant further increases to the maximum (see fig 1)
    Failure to make automatic GSS payment 2 July £10-20 depending on standard £10-50 depending on standard £40 £100 100-200% depending on standard, consolidating all payments to one value for households and one value for non-households

    Figure 1 –Repeat Sewer Flooding payment bands

    Max Min
    Internal Sewer Flooding £2000 + £500 per repeat occurrence within 12 months £300 + £100 per repeat occurrence within 12 months
    External Sewer Flooding £1000 + £250 per repeat occurrence within 12 months £150 + £50 per repeat occurrence within 12 months

    Summary of new standards

    New Standard Coming into force Information GSS payments
    Household Non-Household
    Core Priority Services 1 Oct The company must keep a list of customers whose circumstances (such as medical or disability) are such that they require additional services to be provided in certain circumstances.

    The company must provide the relevant service to the customer in response to an incident and must inform the customer if they are added to the Core Priority Services Register.

    		 £100 N/A
    Domestic Customer in Arrears 1 Oct Giving information relating to the customer’s non-payment to a Credit Reference Agency or beginning legal proceedings to recover the debt without giving the customer an ‘outstanding charges notice’ and an opportunity to make payment arrangements or make representations in connection with them. £150 N/A
    Reading of Meters 1 Oct The water company must read a customer’s water meter (excluding smart meters) at least once every 13 months £40 (£80 for each subsequent 13-month period) £40 (£80 for each subsequent 13-month period)
    Moving to Measured Charging Supply of Water 1 Oct The water company must (subject to some exceptions) install a water meter upon request and then begin to charge the customer on the basis of the volume of water used.

    If the company fails to do this within the relevant time, the water company must pay the customer.

    		 Payment equivalent to charges payable in the period from the date that charging by volume should have started until meter fitted and charging by volume begins. N/A
    Water Quality Notices 1 Oct Payment is to be made to a customer if a water quality notice is served and supply is not restored by the end of a 48-hour period.

    		 If a notice is in place for longer than 48 hours, £40 plus £20 per additional 24 hours that the notice is in place, up to a maximum of the customer’s annual water supply (not including sewerage services) bill If a notice is in place for longer than 48 hours, £60 plus £40 per additional 24 hours that the notice is in place, up to a maximum of the customer’s annual water supply (not including sewerage services) bill
    Indexation 2 July The payment amounts will increase in line with the consumer price index when this increases by 10% (using September 2025 as the baseline) and rounded to the nearest £5

    Updates to this page

    Published 2 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI Russia: SEZ Technopolis Moscow leads the ranking of Russian industrial parks and special economic zones

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    For the fifth year in a row, the special economic zone (SEZ) Technopolis Moscow has been a leader in the rating of Russian industrial parks and special economic zones according to the analytical center (AC) Expert. This was reported by the Deputy Mayor of Moscow for Transport and Industry Maxim Liksutov.

    The rating is formed annually. The main feature of the new, ninth study was the analysis of the level of customer focus of industrial sites as one of the key business requests during the period of global economic transformation.

    “The Technopolis Moscow SEZ is one of the most effective and sought-after tools for supporting the capital’s high-tech business. The companies of the special economic zone regularly create cutting-edge developments that work for the benefit of the entire country. Thus, based on the results of 2024, the rating analysts highly appreciated the contribution of the Technopolis Moscow SEZ to the economy of the Russian Federation, placing it in first place for this indicator. In addition, the Moscow SEZ confirmed its high level of customer focus, receiving the maximum rating score in the Services block,” said Maxim Liksutov.

    In addition, the study assessed the economic efficiency of the activities of management companies of industrial parks and special economic zones. SEZ “Technopolis Moscow” showed one of the best values of average profitability.

    “The Technopolis Moscow SEZ is not only a high-tech industrial infrastructure, but also a space for the development of human and personnel potential. The rating experts noted that in terms of the number of jobs created, the capital’s SEZ is comparable to the employment of a small city. At the moment, more than 22 thousand highly paid jobs have been created in the Moscow SEZ. Educational, sports and leisure events are regularly held for employees and visitors of the special economic zone,” emphasized the Minister of the Moscow Government, Head of the Department of Investment and Industrial Policy

    Anatoly Garbuzov.

    As Gennady Degtyarev, General Director of the Technopolis Moscow special economic zone, noted, the capital’s SEZ pays special attention to creating a favorable business environment. For this purpose, new infrastructure is being built, transport accessibility is being improved, and a wide range of services is being provided – from a resident’s personal account to consulting and marketing services. According to him, these measures contribute to the comprehensive socio-economic development of the capital’s special economic zone.

    Sobyanin: Technopolis Moscow will become one of the largest industrial centers in Europe

    Get the latest news quicklyofficial telegram channel the city of Moscow.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/156135073/

    MIL OSI Russia News –

  • MIL-OSI Russia: A block with public and business infrastructure will be built in Teply Stan

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    The right to implement a project for the integrated development of undeveloped land (IDU) with an area of 4.74 hectares in the Teply Stan district will be put up for auction. This was announced by the Deputy Mayor of Moscow for Urban Development Policy and Construction Vladimir Efimov.

    “The city will put up for auction the right to comprehensive development of an undeveloped area in the Teply Stan district in the southwest of the capital. The area of the site is 4.74 hectares. It is located next to the Moscow Ring Road, not far from the Tyutchevskaya metro station. The investor who will be determined based on the results of the auction will be able to build a multifunctional city block there with residential buildings, including for the implementation of the renovation program, and public and business infrastructure. Investments in the project are estimated at 26.62 billion rubles, and the annual budget effect is 419.19 million rubles. The implementation of the project will create about 900 jobs,” said Vladimir Efimov.

    Integrated development projects for undeveloped areas are implemented on sites owned by the city or in cases where state ownership of them is not delimited. Such sites must be free from the rights of third parties.

    “Within the framework of this project, it is planned to build housing with a total area of more than 105 thousand square meters, including for the implementation of the renovation program. In addition, the investor will build a multifunctional complex with an area of about 46 thousand square meters with a multi-level parking for 600 cars and retail space,” noted the Minister of the Moscow Government, head of the capital’s Department of Urban Development Policy

    Vladislav Ovchinsky.

    Earlier, the Mayor of Moscow signed a decree on reorganization of undeveloped territory in the Tyoply Stan area.

    According to the program of integrated development of territories, multifunctional city blocks are being created, where roads, comfortable housing and all necessary infrastructure are being designed on the site of former industrial zones and inefficiently used areas. Currently, 302 KRT projects with a total area of about 4.2 thousand hectares are at various stages of development and implementation in Moscow. This work is being carried out on on behalf of Sergei Sobyanin.

    Get the latest news quickly official telegram channel the city of Moscow.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/156133073/

    MIL OSI Russia News –

  • MIL-OSI United Nations: Conference Holds Multistakeholder Round Table on Upholding Multilateral Trading System, Harnessing Potential of Science, Technology and Innovation

    Source: United Nations 4

    The Conference holds its fourth multi-stakeholder round table this morning on “Upholding the multilateral trading system, and harnessing the potential of science, technology and innovation”.

    Co-Chaired by Nadia Fettah, Minister for Economy and Finance of Morocco, and Melita Gabrič, Deputy Minister for Foreign and European Affairs and Minister for Development of Slovenia, it will feature a special address by Pedro Sánchez, President of Spain. 

    Jorge Moreira da Silva, Executive Director of the United Nations Office for Project Services (UNOPS), will moderate the discussion.

    Panelists will include:  Shane Reti, Minister for Science and Innovation, Minister for Pacific Peoples, Minister for Statistics and Universities of New Zealand; Karamoko Jean-Marie Traore, Minister for Foreign Affairs, Regional Cooperation and Burkinabè Abroad of Burkina Faso; Philip Gough, Secretary of Economic and Financial Affairs of Brazil; and Enrique Javier Ochoa Martinez, Under Secretary for Multilateral Affairs and Human Rights, Ministry of Foreign Affairs of Mexico.

    Representatives of the Customs Cooperation Council and a civil society organization will be the discussants.

    …

    MIL OSI United Nations News –

  • MIL-OSI: PFMCrypto Launches Revolutionary “One-Click Mining”: Cloud-Based AI Mining for Everyone—Starting at Just $10

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, July 02, 2025 (GLOBE NEWSWIRE) — PFMCrypto, a global leader in AI-powered cloud cryptocurrency mining, has launched its groundbreaking “One-Click Mining” feature. With as little as $10, anyone can now start earning daily passive income in cryptocurrencies—no technical skills or equipment required.

    As the crypto market rebounds and major coins like XRP, Bitcoin, and Ethereum gain momentum, PFMCrypto’s new solution is designed for beginners, side-income seekers, and passive investors who want to earn from crypto without dealing with mining rigs, electricity bills, or market trading risks.

    What Is “One-Click Mining”?
    As the name suggests, users simply register, choose a mining plan, and start earning. Everything else is handled by PFMCrypto’s system.

    Powered by PFMCrypto’s proprietary AI engine AURA, the platform automatically shifts your mining power across top cryptocurrencies like XRP, BTC, ETH, and DOGE to ensure the highest possible daily returns.

    “We built this for people who want to earn from crypto without being crypto experts,” said the PFMCrypto CEO. “Whether you start with $10 or $10,000, now anyone can mine like a pro—with just one click.”

    Traditional Mining Hassles:
    – High hardware costs – Mining rigs and GPUs can cost thousands, pricing out most beginners.
    – Noise, heat, and space – Equipment is loud, generates heat, and takes up living or office space.
    – Sky-high electricity bills – 24/7 operation leads to power costs that can eat into profits.
    – Technical barriers – Setup involves wallets, software, and mining pools. One mistake, and you mine nothing.

    PFMCrypto’s One-Click Cloud Mining Advantage:
    – No equipment needed – Just log in with a phone or computer. No need to buy or install anything.
    – Zero maintenance, zero electricity costs – All mining runs in PFMCrypto’s secure enterprise-grade cloud infrastructure.
    – Daily stable earnings – The system automatically mines the most profitable coins for you in real time.
    – Instant withdrawals – Profits are available for withdrawal daily. No lock-ups. No waiting.
    – Start from just $10 – Perfect for beginners. Low entry, high convenience.

    Just Three Simple Steps to Start:
    1. Sign Up – Register at pfmcrypto.net and receive a free $10 welcome bonus
    2. Choose a Plan – Plans start at just $10, with short and long-term options
    3. Start Mining – Sit back and let PFMCrypto’s AI engine mine the most profitable coins for you

    Sample Mining Plans:
    $100 Plan – 2-day term – Earn $3.00 per day (+$2 bonus)
    $1,000 Plan – 9-day term – Earn $13.10 per day
    $5,000 Plan – 30-day term – Earn $78.50 per day
    $10,000 Plan – 40-day term – Earn $180.00 per day
    All plans guarantee full principal return at maturity. Profits can be withdrawn anytime during the contract term.

    Trusted by Over 9.2 Million Users in 192 Countries
    Since 2018, PFMCrypto has helped millions of users—from everyday investors to crypto professionals—generate passive income through smart mining strategies. The secure cloud-based platform supports mining for XRP, BTC, ETH, DOGE, LTC, and SOL.

    This year alone, PFMCrypto has seen mining contract purchases surge over 378%, reinforcing its position as the go-to platform for earning crypto without technical or trading barriers.

    “Whether you’re 18 or 80, if you have $10, you can start mining today. It’s really that simple,” added the PFMCrypto CEO.

    Ready to Get Started?
    PFMCrypto is offering limited-time bonuses for new users. Sign up now to receive $10 in free crypto and start earning daily profits through XRP and other top cryptocurrencies.

    About PFMCrypto
    Founded in 2018, PFMCrypto is a global leader in cloud-based cryptocurrency mining and AI-driven DeFi solutions. The platform supports mining for XRP, BTC, ETH, DOGE, LTC, and SOL, offering low-risk, high-reward crypto income opportunities to over 9.2 million users worldwide. Join the future of decentralized finance with PFMCrypto.
    Explore more at: https://pfmcrypto.net

    Media Contact:
    Amelia Elspeth
    PFMcrypto
    info@pfmcrypto.net

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f87cc4d8-dbe4-426c-b110-1cd470a43809

    The MIL Network –

  • MIL-OSI: Bitget Wallet Expands Fomo Thursdays With 10-Fold More Winners and Doubled Win Rate

    Source: GlobeNewswire (MIL-OSI)

    SAN SALVADOR, El Salvador, July 02, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, the leading non-custodial crypto wallet, has launched the third round of its Fomo Thursdays series, expanding the prize pool and participant slots in response to heightened demand.

    The previous edition saw 20,000 slots claimed in under one hour, with over 2,000 winners. This week, Bitget Wallet has increased the number of participant slots to 100,000 and winner slots to 20,000, representing a 10-fold increase in winners and a doubled win rate of 20%. The prize pool has grown accordingly, with more than 24 million AB tokens allocated.

    “Fomo Thursdays continues to gain traction as a low-friction entry point for users to explore new tokens,” said Jamie Elkaleh, CMO of Bitget Wallet. “With expanded rewards, higher odds, and growing user interest, this week’s event marks another step toward making token launches more accessible.”

    Fomo Thursdays is a weekly token distribution program designed to simplify user participation in early-stage token launches. Each round follows a uniform format: users stake $10 USDT for a chance to receive randomized token allocations. The model removes traditional entry barriers such as trading requirements or point systems and returns all staked funds after the event, minimizing user risk. Token claims and refunds are processed via on-chain smart contracts.

    This week’s featured project is AB Token, a blockchain infrastructure protocol focused on bringing real-world assets (RWA) on-chain. Originally launched as the Newton Project in 2018, AB has evolved into a multichain ecosystem that connects traditional financial assets with blockchain-based applications. It comprises two layers: AB IoT, designed for IoT and DePIN applications, and AB-Core, an EVM-compatible chain supporting DeFi, GameFi, and RWA protocols.

    The AB rewards will be distributed via BNB Chain. Top prizes include three rewards worth $888 each and twenty second-place prizes worth $188 each, both in AB token equivalent. Participants can stake from July 2 at 13:00 to July 3 at 13:00 (UTC). Token distribution and USDT refunds will begin on July 3 at 14:00 (UTC), with all rewards delivered gas-free via Bitget Wallet.

    For more information, visit the Bitget Wallet official channels.

    About Bitget Wallet
    Bitget Wallet is a non-custodial crypto wallet designed to make crypto simple and secure for everyone. With over 80 million users, it brings together a full suite of crypto services, including swaps, market insights, staking, rewards, DApp exploration, and payment solutions. Supporting 130+ blockchains and millions of tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges. Backed by a $300+ million user protection fund, it ensures the highest level of security for users’ assets. Its vision is Crypto for Everyone — to make crypto simpler, safer, and part of everyday life for a billion people.
    For more information, visit: X | Telegram | Instagram | YouTube | LinkedIn | TikTok | Discord | Facebook
    For media inquiries, contact media.web3@bitget.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0ab0d454-90c2-4a0a-b639-2cc0f449ebf5

    The MIL Network –