NewzIntel.com

Category: Business

  • MIL-OSI Russia: Kindergarten for 200 children to appear in Kommunarka

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    A project for the construction of a kindergarten in Kommunarka on a vacant plot of land has been approved. The facility will appear within the boundaries of Filatovsky Boulevard and Projected Driveway No. 7183 (plot No. 57), reported the Deputy Mayor of Moscow for Urban Development Policy and Construction Vladimir Efimov.

    “A three-story kindergarten building will be built on the territory of the Kommunarka administrative and business center near the Olkhovaya metro station. The facility will be built as part of the Targeted Investment Program. According to the project, the preschool institution will be designed for 200 children. Eight groups will be created there, each of which will have a separate group cell with a playroom, sleeping area and changing room. In addition, the building will include a gym and music hall, a medical block, and a full-cycle food service unit,” said Vladimir Efimov.

    The layout takes into account modern requirements for the design of social facilities. This ensures a comfortable and safe stay in the building and movement around it.

    “When designing educational facilities, special attention should be paid to fire safety. This project meets all relevant norms and standards. In particular, the layout allows for the fastest possible evacuation of people from all floors thanks to safe isolated corridors with fire doors, and the ventilation system, according to the documentation, will be equipped with smoke dampers,” noted the Chairman of the Moscow City Committee for Pricing Policy in Construction and State Expertise of Projects

    Ivan Shcherbakov.

    The territory of the kindergarten will be improved. Each group will have areas for walks and games in the fresh air.

    Earlier, Sergei Sobyanin spoke about the completion of construction kindergarten for 350 people in the Filimonkovsky district.

    The construction of social facilities in Moscow corresponds to the goals and initiatives of the national project “Infrastructure for life”.

    Schools, clinics and sports complexes: what social facilities are being built in the city

    Quickly find out the main news of the capital in 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/156134073/

    MIL OSI Russia News –

  • J&K LG flags off first batch of Amarnath Yatra pilgrims from Jammu amid tight security

    Source: Government of India

    Source: Government of India (4)

    Jammu and Kashmir Lieutenant Governor Manoj Sinha on Wednesday flagged off the first batch of pilgrims for the annual Amarnath Yatra from Jammu to the Kashmir Valley, marking the start of the 36-day pilgrimage, which officially begins on Thursday.

    Amid chants of “Bharat Mata Ki Jai,” “Bum Bum Bhole,” and “Barfani Baba Ne Bulaya Hai,” enthusiastic pilgrims from across the country departed in two escorted convoys from the Bhagwati Nagar Yatri Niwas on Canal Road. The pilgrims are heading towards the two main base camps – Pahalgam in Anantnag district and Baltal in Ganderbal district.

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

    This year’s Yatra is being conducted under unprecedented security arrangements, particularly in the wake of the April 22 terror attack in Pahalgam. To ensure the safety of pilgrims, an additional 180 companies of Central Armed Police Forces (CAPFs) have been deployed to reinforce the existing security grid, which includes the Indian Army, paramilitary forces, and the J&K Police.

    The Yatra will conclude on August 9, coinciding with Shravan Purnima and the festival of Raksha Bandhan.

    Pilgrims reach the holy cave shrine, located at an altitude of 3,888 metres, via two routes— the traditional Pahalgam route and the shorter Baltal route.

    Those taking the Pahalgam route undertake a four-day, 46-km trek passing through Chandanwari, Sheshnag, and Panchtarni before reaching the cave shrine. In contrast, pilgrims opting for the Baltal route complete a 14-km trek and usually return to the base camp the same day after having darshan at the shrine.

    The sacred cave houses a naturally formed ice stalagmite, believed by devotees to symbolize the mythical powers of Lord Shiva. The structure waxes and wanes with the phases of the moon, adding to its spiritual significance.

    Amarnath Yatra 2025: Route Options – Baltal vs Pahalgam

    There are two Amarnath Yatra routes to reach the Holy Cave: the Baltal route and the Pahalgam route.

    The Pahalgam route covers a distance of approximately 36 kilometers and typically takes between three to five days to complete. It is ideal for those who prefer a slower, more scenic trek through the breathtaking landscapes of the Kashmir Valley. This traditional route passes through key halting points such as Chandanwari, Sheshnag, and Panchtarni, making it well-suited for pilgrims who wish to experience the spiritual journey at a more relaxed pace.

    The Baltal route, on the other hand, is much shorter—about 14 kilometers – but significantly steeper and more challenging. It usually takes one to two days to complete and is best suited for physically fit individuals or those with limited time. Many pilgrims using this route complete the journey and return on the same day after having darshan at the cave shrine.

    Both routes offer unique experiences, and the choice depends on individual preferences, physical fitness, and time availability.

    (With inputs from IANS)

  • J&K LG flags off first batch of Amarnath Yatra pilgrims from Jammu amid tight security

    Source: Government of India

    Source: Government of India (4)

    Jammu and Kashmir Lieutenant Governor Manoj Sinha on Wednesday flagged off the first batch of pilgrims for the annual Amarnath Yatra from Jammu to the Kashmir Valley, marking the start of the 36-day pilgrimage, which officially begins on Thursday.

    Amid chants of “Bharat Mata Ki Jai,” “Bum Bum Bhole,” and “Barfani Baba Ne Bulaya Hai,” enthusiastic pilgrims from across the country departed in two escorted convoys from the Bhagwati Nagar Yatri Niwas on Canal Road. The pilgrims are heading towards the two main base camps – Pahalgam in Anantnag district and Baltal in Ganderbal district.

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

    This year’s Yatra is being conducted under unprecedented security arrangements, particularly in the wake of the April 22 terror attack in Pahalgam. To ensure the safety of pilgrims, an additional 180 companies of Central Armed Police Forces (CAPFs) have been deployed to reinforce the existing security grid, which includes the Indian Army, paramilitary forces, and the J&K Police.

    The Yatra will conclude on August 9, coinciding with Shravan Purnima and the festival of Raksha Bandhan.

    Pilgrims reach the holy cave shrine, located at an altitude of 3,888 metres, via two routes— the traditional Pahalgam route and the shorter Baltal route.

    Those taking the Pahalgam route undertake a four-day, 46-km trek passing through Chandanwari, Sheshnag, and Panchtarni before reaching the cave shrine. In contrast, pilgrims opting for the Baltal route complete a 14-km trek and usually return to the base camp the same day after having darshan at the shrine.

    The sacred cave houses a naturally formed ice stalagmite, believed by devotees to symbolize the mythical powers of Lord Shiva. The structure waxes and wanes with the phases of the moon, adding to its spiritual significance.

    Amarnath Yatra 2025: Route Options – Baltal vs Pahalgam

    There are two Amarnath Yatra routes to reach the Holy Cave: the Baltal route and the Pahalgam route.

    The Pahalgam route covers a distance of approximately 36 kilometers and typically takes between three to five days to complete. It is ideal for those who prefer a slower, more scenic trek through the breathtaking landscapes of the Kashmir Valley. This traditional route passes through key halting points such as Chandanwari, Sheshnag, and Panchtarni, making it well-suited for pilgrims who wish to experience the spiritual journey at a more relaxed pace.

    The Baltal route, on the other hand, is much shorter—about 14 kilometers – but significantly steeper and more challenging. It usually takes one to two days to complete and is best suited for physically fit individuals or those with limited time. Many pilgrims using this route complete the journey and return on the same day after having darshan at the cave shrine.

    Both routes offer unique experiences, and the choice depends on individual preferences, physical fitness, and time availability.

    (With inputs from IANS)

  • MIL-OSI: DNO Secures North Sea Gas Offtake and Related USD 500 Million Financing Facility; Adds Arrows to its Quiver

    Source: GlobeNewswire (MIL-OSI)

    Oslo, 2 July 2025 – DNO ASA, the Norwegian oil and gas operator, today announced that the Company’s wholly-owned Norway operating subsidiaries have entered into an offtake agreement with France’s ENGIE SA for DNO’s Norwegian gas production and secured a related offtake financing facility with a major US bank for up to USD 500 million.

    The offtake agreement covers the entirety of DNO’s Norwegian gas production post acquisition of Sval Energi Group AS, offers premium pricing and has a tenor of four years as from 1 October 2025.

    Related to the agreement, DNO has entered into an offtake financing facility with a US bank for up to USD 500 million. Under the facility, DNO is paid, by the bank, the value of up to 270 days of scheduled gas production based on future gas sales receivables. The all-in interest rate for drawn amounts under the facility is significantly below conventional reserve-based lending (RBL) terms available to DNO, with no charges for undrawn amounts. There are no financial covenants related to the facility.

    Proceeds from the offtake financing facility will be used to replace Sval Energi’s similar existing facilities as well as for general corporate purposes.

    “We have received strong interest by buyers to prepurchase our enlarged North Sea production of 80,000 barrels of oil equivalent per day split about equally between oil and gas,” said DNO’s Executive Chairman Bijan Mossavar-Rahmani. “These three-way transactions are made possible because buyers are eager to lock in secure supplies of Norwegian oil and gas and US banks, in particular, have significantly stepped up fossil fuel lending,” he explained.

    Given availability of attractive offtake financing terms, DNO has repaid and will not renew over USD 600 million in RBLs across its North Sea subsidiaries. In addition, the Company has borrowed USD 300 million under a one-year bank bridge loan “to add more arrows to our quiver,” according to Mr. Mossavar-Rahmani.

    Separately, DNO is in discussions to establish an offtake agreement and related financing facility on comparable terms for its North Sea oil production.

    – 

    For further information, please contact:
    Media: media@dno.no
    Investors: investor.relations@dno.no

    – 

    DNO ASA is a leading Norwegian oil and gas operator active in the Middle East, the North Sea and West Africa. Founded in 1971 and listed on the Oslo Stock Exchange, the Company holds stakes in onshore and offshore licenses at various stages of exploration, development and production in the Kurdistan region of Iraq, Norway, the United Kingdom, Côte d’Ivoire and Yemen. More information is available at www.dno.no.

    This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

    The MIL Network –

  • MIL-OSI: DNO Secures North Sea Gas Offtake and Related USD 500 Million Financing Facility; Adds Arrows to its Quiver

    Source: GlobeNewswire (MIL-OSI)

    Oslo, 2 July 2025 – DNO ASA, the Norwegian oil and gas operator, today announced that the Company’s wholly-owned Norway operating subsidiaries have entered into an offtake agreement with France’s ENGIE SA for DNO’s Norwegian gas production and secured a related offtake financing facility with a major US bank for up to USD 500 million.

    The offtake agreement covers the entirety of DNO’s Norwegian gas production post acquisition of Sval Energi Group AS, offers premium pricing and has a tenor of four years as from 1 October 2025.

    Related to the agreement, DNO has entered into an offtake financing facility with a US bank for up to USD 500 million. Under the facility, DNO is paid, by the bank, the value of up to 270 days of scheduled gas production based on future gas sales receivables. The all-in interest rate for drawn amounts under the facility is significantly below conventional reserve-based lending (RBL) terms available to DNO, with no charges for undrawn amounts. There are no financial covenants related to the facility.

    Proceeds from the offtake financing facility will be used to replace Sval Energi’s similar existing facilities as well as for general corporate purposes.

    “We have received strong interest by buyers to prepurchase our enlarged North Sea production of 80,000 barrels of oil equivalent per day split about equally between oil and gas,” said DNO’s Executive Chairman Bijan Mossavar-Rahmani. “These three-way transactions are made possible because buyers are eager to lock in secure supplies of Norwegian oil and gas and US banks, in particular, have significantly stepped up fossil fuel lending,” he explained.

    Given availability of attractive offtake financing terms, DNO has repaid and will not renew over USD 600 million in RBLs across its North Sea subsidiaries. In addition, the Company has borrowed USD 300 million under a one-year bank bridge loan “to add more arrows to our quiver,” according to Mr. Mossavar-Rahmani.

    Separately, DNO is in discussions to establish an offtake agreement and related financing facility on comparable terms for its North Sea oil production.

    – 

    For further information, please contact:
    Media: media@dno.no
    Investors: investor.relations@dno.no

    – 

    DNO ASA is a leading Norwegian oil and gas operator active in the Middle East, the North Sea and West Africa. Founded in 1971 and listed on the Oslo Stock Exchange, the Company holds stakes in onshore and offshore licenses at various stages of exploration, development and production in the Kurdistan region of Iraq, Norway, the United Kingdom, Côte d’Ivoire and Yemen. More information is available at www.dno.no.

    This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

    The MIL Network –

  • MIL-Evening Report: Australians will soon need their age checked to log into online search tools – here’s why

    Source: The Conversation (Au and NZ) – By Lisa M. Given, Professor of Information Sciences & Director, Social Change Enabling Impact Platform, RMIT University

    Shutterstock

    By the end of this year, the experience of using search engines in Australia won’t be as simple as it has always been.

    That’s thanks to a new online safety code announced yesterday by Australia’s eSafety Commissioner, Julie Inman Grant. Among other measures, it will require all Australian users to provide assurance of their age when they sign into a search engine account.

    So what’s the new code about? How will it work in practice? And how exactly will it affect kids – and adults – in Australia who use search engines such as Google?

    What’s in the new code?

    The code orders providers of internet search-engine services such as Google and Microsoft (which owns Bing) to “implement appropriate age assurance measures for account holders” within six months.

    The code requires providers to review and mitigate “the risk that Australian children will access or be exposed to online pornography, high-impact violence material, and self-harm material” in search engine results.

    While the code does not define the age of a “child” as being under 18, or another age, a search engine must apply tools and settings that “at a minimum” filter out online pornography and extremely violent material from search results. Providers must also ensure advertising in these content areas is not served up in search results to child account holders.

    Currently, Google account holders must be at least 13 years old.

    The code creates several other rules for search engine providers that will impact everyone.

    For example, providers must “prevent autocomplete predictions that are sexually explicit or violent” and prominently display crisis-prevention information, such as helplines, in the results for queries relating to topics such as self-harm, suicide and eating disorders.

    Search engine providers will also have to blur some images in search results by default to reduce the risk of kids inadvertently accessing or being exposed to pornographic or violent material. And they will have to provide parental controls to limit or alter children’s access to adult material.

    On top of these measures, the code requires search-engine providers to report to eSafety, invest in safety and moderation teams, and engage with community organisations.

    The new code has been in development since July 2024. It was co-drafted by the Digital Industry Group Inc, an industry association representing tech companies including Google, Meta and Microsoft. A single breach could result in a search engine provider copping a fine of up to A$49.5 million.

    How will the code work in practice?

    The code does not spell out the measures to be used to assure someone’s age.

    They could including asking for government-issued ID or be similar to strategies currently being assessed for the Australian government’s under 16s social media ban, such as facial recognition technology.

    Yet, the government’s recent age assurance trials highlighted concerns about the accuracy of age estimation tools, despite claims of their overall effectiveness.

    Changing how people search

    Once implemented, age assurance requirements will likely change how people engage with search engines and other applications.

    Google is used by more than 90% of Australians and for more than just searching. The Google ecosystem includes Gmail, Google Drive, and Google Maps, providing seamless integration between search and other tools and tasks.

    Repeated age assurance requests could disrupt the seamlessness of content-sharing across devices that users now experience.

    Many people also opt to remain logged into their accounts on multiple devices, to quickly enable cross-device activities. This means within a family, users of multiple ages may access content on a single account, even when they don’t intend to do so.

    Will search engines need to change this functionality, to more regularly log users off their accounts, and reconfirm the account holder’s age? And how will the code affect features such as Google’s “incognito mode”, which is used for private searching?

    The code will apply to “any features integrated within the search functionality and the user interface” of the service, including results generated by artificial intelligence (AI). This means results generated by Google’s Gemini AI service fall under the code, alongside traditional search results.

    However, the code doesn’t apply to “standalone applications or tools that are not integrated within the internet search engine service”. This means that while a browser extension such as ChatGPT for Google may fall under the code, as an integrated search engine service, the standalone ChatGPT app could be excluded.

    This may make searching even more confusing for users, as many people may not understand the limitations of treating generative AI tools like search engines – but they are not.

    Will the code work?

    As with all age assurance checks, there may be ways people can get around these new search engine controls.

    For example, they may use VPNs to trick the system into believing they are outside of Australia (and therefore not subject to age assurance checks). Or, children may access content on older people’s accounts and devices.

    However, the code does preempt concerns that children might get around controls by simply not logging in to their accounts. And, the code’s insistence on reporting mechanisms means people of all ages will be able to report material and raise complaints about potential code violations.

    In this way, the code seems to reflect the government’s previously proposed (but now, paused) “digital duty of care” legislation, which aimed to hold technology companies to account for the content they provide.

    One crucial question remains: will the steps companies take to comply with the code meet Australians’ expectations for seamless, integrated search practices and personal privacy as they access information online?

    Lisa M. Given receives funding from the Australian Research Council. She is a Fellow of the Academy of the Social Sciences in Australia and the International Association for Information Science and Technology.

    – ref. Australians will soon need their age checked to log into online search tools – here’s why – https://theconversation.com/australians-will-soon-need-their-age-checked-to-log-into-online-search-tools-heres-why-260199

    MIL OSI Analysis – EveningReport.nz –

  • MIL-Evening Report: What is aflatoxin, the toxic chemical behind Coles’ peanut butter recall?

    Source: The Conversation (Au and NZ) – By Thomas Jeffries, Senior Lecturer in Microbiology, Western Sydney University

    Helen Camacaro/Getty

    Coles is recalling two of its homebrand peanut butter products, over concerns they have been contaminated with aflatoxin, a toxic chemical linked to liver cancer.

    The supermarket chain has issued the recall notice for Coles Smooth Peanut Butter 1kg and Coles Crunchy Peanut Butter 1kg, with the best before date of February 5 2027. They were sold in supermarkets and online nationally between May 1 and June 30 this year.

    Aflatoxin can cause injury or illness if eaten, according to Australia’s food safety authority.

    But what is aflatoxin? How does it get into food? And what is the risk if you eat it?

    What is aflatoxin? Where does it occur?

    Aflatoxins are a toxic chemical (a mycotoxin) produced by fungi. The mould-like fungi that produce aflatoxins belong to a large group called Aspergillus.

    These fungi are found in all environments, for example in soils, compost, building surfaces and on crops and other plants, and can cause infections or poisoning in humans and animals.

    Aspergillus flavus and Aspergillus parasiticus, which produce aflatoxins, thrive mainly in agricultural crops but also in soils, rotting food and compost. The fungi emerge as spores and form networks of microscopic filaments that can grow on products such as grains and nuts.

    As these fungi grow they release a range of chemicals, including aflatoxins, that can lead to contamination of produce before and after harvest, or after processing.

    Aflatoxins are some of the most poisonous types of mycotoxin.

    Different kinds of aflatoxins usually affect contaminated food (aflatoxins B1, B2, G1), crops (G2) and milk (M1).

    Which foods are most risky?

    Crops produced and stored in warm, humid or moist tropical locations are most at risk, as toxin-producing moulds thrive in these conditions.

    High-risk foods include peanuts, corn and tree nuts (such as brazil, walnut and pistachio nuts). The toxin-producing fungi can also grow on wheat, rice, sorghum and spice crops such as turmeric, chilli, ginger and coriander.

    If animals graze on contaminated crops, their milk and meat can also become contaminated.

    Internationally, the Joint Food and Agriculture Administration and World Health Organization is responsible for setting guidelines and monitoring standards for mycotoxins via its expert committee on food additives.

    In Australia, aflatoxin food contamination is not common. In the past decade, there have only been a handful of recalls.

    Why are aflatoxins dangerous?

    Aflatoxins can damage your liver and cause cancer.

    Eating a lot of contaminated foods over a short period of time can lead to aflatoxicosis, acute poisoning that immediately damages the liver. Symptoms can include nausea, vomiting, abdominal pain and convulsions, and may be life-threating.

    Over a long period, smaller amounts of contaminated foods can lead to liver cancer, birth defects, kidney disease and immune system dysfunction.

    There is no specific treatment for alfatoxins. Management after acute or long-term exposure focuses on addressing symptoms and monitoring liver health.

    How can I stay safe?

    There is not much individuals can do to control the presence of aflatoxin and other mycotoxins in foods, as contamination occurs during agriculture and processing.

    You should store nuts and nut products in a way that stops mould growing. Use well-sealed containers kept in dry and cool conditions.

    Freezing and cooking may kill the fungi, but the toxin can survive extreme temperatures.

    Unfortunately, it is difficult to see the fungi with the naked eye. However you should avoid visibly mouldy foods and throw away nuts and grains that are shrivelled or discoloured.

    What should I do if I’ve bought or eaten these products?

    Coles has advised customers to return the products to stores and contact its hotline for more information (1800 061 562).

    If you’re concerned you may have eaten contaminated peanut butter, speak to a health professional.

    The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. What is aflatoxin, the toxic chemical behind Coles’ peanut butter recall? – https://theconversation.com/what-is-aflatoxin-the-toxic-chemical-behind-coles-peanut-butter-recall-260194

    MIL OSI Analysis – EveningReport.nz –

  • MIL-Evening Report: Parents are feeling anxious about men in childcare centres. Stronger rules would make everyone feel safer

    Source: The Conversation (Au and NZ) – By Martyn Mills-Bayne, Senior Lecturer in Early Childhood Education, University of South Australia

    Getty Images

    Horrific allegations of child sexual abuse in childcare centres across Melbourne have put the role of men in early childhood education back in the spotlight.

    Coming after other major media reports of child mistreatment in care, many parents are feeling very anxious about the safety of their children.

    Some may be deeply suspicious of men working so closely with children. That caution is totally justified.

    But there are many innocent, well-intentioned and caring men working in centres across the country. They’re playing a vital role in a sector already plagued by well-documented staff shortages.

    Driving them out of the workforce would be a mistake for the sector, for parents and for children.



    Read more:
    Parents of kids in daycare are terrified following Melbourne abuse allegations. What can they do?

    Hyper-viligant behaviour

    Men are still a rarity in childcare centres nationally.

    The latest workforce data show about 8% of early childhood educators are male, though that statistic could include men who don’t work with children directly.

    We don’t know precisely how many early childhood educators are male, but best estimates are somewhere between 2–4% of the total workforce.

    Given there are so few of them, male educators often report being hyper-vigilant about how they do their jobs.

    I was once an early childhood teacher myself. Now in my academic research, I’ve spent almost 20 years mentoring men in the sector, including close to 100 male students coming through initial teacher education programs.

    They are extremely aware of protecting children and themselves. They talk about trying to make sure they’re never alone with children and use distancing strategies to keep themselves safe and in full view of colleagues and parents.

    If they’re changing nappies, they do so in open spaces, where others can see them. If a child is hurt or needs support, they often think twice about the most appropriate way to provide it.

    The men I hear from feel they are surveilled and monitored more closely than their female colleagues. Male educators must use a heightened degree of caution in their day-to-day caring work due to broad (largely unspoken) suspicions of sexual misconduct. This is an inherent part of being a male early childhood educator.

    There’s been no research done to determine whether men are watched more closely than women, but regardless, most don’t begrudge it. They fear ever harming a child, and would rather the extra supervision, perceived or real, to make everyone feel safer.

    Leaving the sector

    But early childhood education has an issue with worker attrition.

    This is especially concerning as pre-school for three-year-olds is rolled out in South Australia, Victoria and the ACT, increasing the demand for staff and pressure on services to meet staff ratios and keep children safe.

    Against this backdrop, it’s crucial we stem the tide of workers leaving the sector, including men.

    Unfortunately, men are often the first to leave, especially after cases of sexual abuse at other centres.

    In New Zealand, Peter Ellis was jailed in the 1990s for child sexual abuse in a creche, though his conviction was overturned posthumously in 2022.



    Read more:
    What are working with children checks? Why aren’t they keeping kids safe at daycare?

    The high profile case had long lasting negative impacts. Less than 1% of the childcare workforce in the country are men – one of the lowest participation rates in the world.

    Parental and societal concerns around the risk of abuse have a profound impact on retaining and attracting more male educators in early childhood education.

    This is also true at the student level. Typically, I see very few men enrol to study early childhood education (about four in a cohort of 150), but only about half that graduate. Many of these potential early childhood teachers drop their studies or move into primary teaching programs after they experience a sense of distrust during their professional placements in childcare.

    Keeping children safer

    Children who are abused experience lifelong trauma. Keeping them safe at all times should be the number one priority of educators and society at large.

    The Melbourne case has left many parents rightly cautious and feeling uncertain about leaving their children in the care of men. We may well see less interest from centres in employing men, as has happened after similar cases in the past.

    This would build on existing suspicions parents have of male educators.

    There’s no easy answer to this. But there are some things that may make early education safer.

    The first is to strengthen working with children screening checks, something the Victorian government has already flagged it will do.

    Victorian Premier Jacinta Allan has also announced a statewide register of childcare workers to introduce “an extra layer of checks and balances”.

    Another is to ensure no educator, regardless of gender, is ever alone with a child. Though this may be challenging to achieve within tight staffing levels, it’s needed to prevent future abuse.

    The Royal Commission into Institutional Responses to Child Sexual Abuse highlighted the need to make sure the physical environment minimises opportunity for abuse to occur. This includes glass walls around toilet and nappy change areas and no blind spots in centres.

    And finally, for parents to be scared and angry about this is to be human. But it’s also important to remember many men are doing the right thing, and male educators in the sector are also angry and concerned about this.

    Better processes and regulations would help restore confidence in parents that their children are safe in a man’s care. But it would also help male educators, who can do their work safe in the knowledge they’ve passed a robust set of requirements to get there.

    The Victorian government has set up a dedicated website and advice line for parents whose children may have been involved in the alleged offences.

    If this article has raised issues for you, or if you’re concerned about someone you know, you can call 1800 Respect on 1800 737 732, Lifeline on 131 114, Kids Helpline on 1800 55 1800, or Bravehearts (counselling and support for survivors of child sexual abuse) on 1800 272 831.

    Martyn Mills-Bayne 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. Parents are feeling anxious about men in childcare centres. Stronger rules would make everyone feel safer – https://theconversation.com/parents-are-feeling-anxious-about-men-in-childcare-centres-stronger-rules-would-make-everyone-feel-safer-260282

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Russia: Giant LED screens assembled using unique modular technology have been installed in the NSU flow auditorium building

    Translation. Region: Russian Federal

    Source: Novosibirsk State University – Novosibirsk State University –

    In the building of the NSU flow auditoriums, which is related to the objects of the second stage of the new NSU campus, built within the framework of the national project “Youth and Children”, real giants among LED screens have appeared. These huge screens measuring 7.4 by 4.64 m are assembled using modular technology. NSU will become the only university in the Novosibirsk region, where such equipment is used for educational purposes.

    There are five such screens in the new building: four in the flow classrooms and one in the conference hall. They not only complement the educational process, but also improve it, taking the image quality to a fundamentally new level. LED screens will replace the traditional lamp projectors that are installed in the flow classrooms of the current NSU educational building.

    Marina Shashkova, Head of the Academic Policy Department at NSU, notes:

    — Based on the infrastructure of the new campus, we create comfortable conditions for students to study and work on projects. Providing them with modern equipment is an important element for fulfilling this task.

    LED screens are not only high-quality images, but also reliable and durable, as their service life is 100 thousand hours. Each of these screens is 638 modules combined into a single whole. They are easy to maintain, and if necessary, only the damaged module can be replaced without affecting the entire structure. This reduces repair costs and equipment downtime. Delivery, installation and warranty support were carried out by the Novosibirsk integrator company IVERT.

    Thus, the new building of the NSU campus becomes not just a place for obtaining knowledge, but also a platform for modern technological solutions and innovations. LED screens are just one example of how technologies can improve the educational process. Like living canvases, they bring a fresh stream to lectures and presentations, making them brighter and more memorable.

    The total area of the NSU flow auditorium building is 16 thousand square meters, permission to put the facility into operation was received in December 2024, and work is currently underway to equip it with furniture and technical equipment. Classes in the new building will begin in September 2025.

    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 New Zealand: Economy – Appointments to Board of Reserve Bank of New Zealand

    Source: Reserve Bank of New Zealand

    1 July 2025 – The Reserve Bank of New Zealand – Te Pūtea Matua welcomes the appointment of Grant Spencer and the reappointment of Byron Pepper to its governing Board.

    Mr Spencer will serve for a five-year term, from 1 July 2025 to 30 June 2030. Mr Pepper will serve for a five-year term from 1 July 2025 to 30 June 2030.

    Mr Spencer and Mr Pepper were appointed by the Governor-General on the recommendation of the Minister of Finance following their participation in a public appointment process run by Te Tai Ōhanga – The Treasury.

    Grant Spencer brings extensive expertise in central banking, financial stability, and monetary policy. He held several senior roles at the Reserve Bank of New Zealand, including Deputy Governor, Head of Financial Stability (2007–2017), and Acting Governor (2017–2018). His international experience includes active participation in OECD and EMEAP forums, as well as contributions to the development of New Zealand’s capital markets.

    In addition to his professional experience, Mr Spencer is an Adjunct Professor at Victoria University of Wellington, with academic interests in financial regulation and macroeconomics. He holds advanced qualifications in economics and econometrics.

    “Mr Spencer’s appointment will enhance the Board’s expertise in prudential regulation, macro-prudential policy, and financial market operations, offering complementary strengths to existing board members, particularly in the context of New Zealand’s central banking landscape,” RBNZ Board Chair Professor Neil Quigley says.

    Byron Pepper continues to bring strong governance and financial expertise to the Board. An independent investment banking advisor and director, Mr Pepper has more than 25 years’ experience advising corporate and government clients, particularly in the financial services sector across New Zealand, Australia, and internationally.

    He is the former director of Ando Insurance Group Limited and currently serves as a director or trustee of several New Zealand-based entities. Mr Pepper is also the founder of Vorigo Advisory, following a 22-year career at Goldman Sachs in its global investment banking business.

    “We’re pleased to reappoint Mr Pepper to the Board,” says Professor Quigley. “His financial and governance experience continues to add valuable insight to the RBNZ’s decision-making.”

    The Reserve Bank welcomes the contributions of both Mr Spencer and Mr Pepper to its governing Board and looks forward to their support in delivering on Te Pūtea Matua’s strategic objectives.

    More information

    Our Board members – Reserve Bank of New Zealand – Te Pūtea Matua: https://govt.us20.list-manage.com/track/click?u=bd316aa7ee4f5679c56377819&id=886fb7c291&e=f3c68946f8

    MIL OSI New Zealand News –

  • MIL-OSI: NR7 Miner Unveils AI-Driven XRP Cloud Mining for Passive Income: A Sustainable, Multi-Asset Solution for Global Investors

    Source: GlobeNewswire (MIL-OSI)

    Norfolk, UK, July 02, 2025 (GLOBE NEWSWIRE) — As the demand for sustainable income in the crypto market grows, NR7 Miner has announced the launch of its upgraded AI-driven cloud mining platform, centered around XRP and other major cryptocurrencies. This new rollout empowers users to earn passive income daily, with zero technical setup, 100% clean energy, and an intelligent mining engine that automatically shifts power to the most profitable digital assets.

    The platform supports multi-asset mining, allowing users to mine XRP, BTC, DOGE, ETH, LTC, and SOL with a single deposit. Whether you’re a beginner or a seasoned investor, NR7 Miner’s AI-enhanced model makes crypto mining as easy as signing up and choosing a plan, no mining rigs, noise, or maintenance required.

    Why NR7 Miner’s AI-Powered Mining Is the Future of Passive Crypto Income

    Unlike static cloud mining contracts that lock users into one coin or fixed terms, NR7 Miner’s intelligent engine uses real-time data to reallocate mining power across multiple assets. This ensures users always mine the most rewarding coins based on market price, mining difficulty, and energy efficiency.

    “We built NR7 Miner to give anyone, anywhere in the world, a smarter, cleaner, and more stable way to earn passive crypto income,” said the company’s CEO.

    “By combining multi-coin mining with renewable energy and AI-powered optimization, we’re opening the door to sustainable wealth generation.”

    Key Features of NR7 Miner’s New Platform:

    Multi-Asset Mining, Earn across XRP, BTC, DOGE, ETH, LTC, and SOL with one deposit

    AI Optimization Engine, adjusts power in real time based on market profitability

    Eco-Friendly Infrastructure, 100% powered by solar, wind, geothermal, and hydrogen

    Beginner-Friendly, start mining with as little as $10 and get a $12 welcome bonus

    Daily Rewards, Profits are automatically deposited and available for withdrawal

    No Hardware Needed, completely cloud-based; no tech skills required.

    Passive Income Aligned with Market Momentum:

    The launch of NR7 Miner’s XRP-focused mining comes at a time when market optimism around XRP continues to build. Following key regulatory developments and speculation of a future XRP ETF, crypto investors are seeking low-risk ways to gain exposure to the asset, without the volatility of direct trading.

    “This isn’t just mining, it’s smart wealth building,” said NR7 Miner’s Chief Market Strategist.

    “Our users don’t need to worry about the market swings. Our platform adjusts automatically, so they’re always positioned for the best possible return.”

    Mining Contracts:

    $100 Plan – 2-Days Term – Earn ~$3.5 per day

    $500 Plan – 5-Days Term – Earn ~$6.25 per day

    $1200 Plan – 10-Days Term – Earn ~$15.96 per day

    $3,000 Plan – 20-Days Term – Earn ~$42.3 per day

    $5,000 Plan – 30-Days Term – Earn ~$76 per day

    $8,000 Plan – 40-Days Term – Earn ~$130.4 per day

    $25,000 Plan – 50-Days Term – Earn ~$455 per day

    $50,000 Plan – 45-Days Term – Earn ~$990 per day

    $100,000 Plan – 45-Days Term – Earn ~$2100 per day

    $150’000 Plan – 30-Days Term – Earn ~$3675 per day

    Each plan offers guaranteed daily payouts, with the full principal returned upon maturity. Users can withdraw their profits at any time during the term.

    Global Reach Backed by Green Energy:

    Founded in 2020 and based in the UK, NR7 Miner now powers more than 100 cloud mining farms using 100% renewable energy. With over 8 million users across 100+ countries, the company’s platform is trusted by individuals, institutions, and crypto newcomers alike. Its affiliate program offers rewards up to $25,000, and customer support is available 24/7 in multiple languages.

    Get Started in 3 Easy Steps:

    Sign Up: Create your account and claim a $12 bonus

    Choose a Plan: Select your preferred contract and tern

    Start Earning: Let NR7 Miner’s AI engine mine on your behalf, automatically

    About NR7 Miner:

    NR7 Miner is a global leader in AI-powered, eco-friendly cloud mining solutions. The company enables users to mine XRP, BTC, DOGE, ETH, LTC, and SOL without the need for technical expertise or expensive equipment. With a focus on transparency, sustainability, and passive income generation, NR7 Miner helps users around the world unlock crypto profits the smart way.

    Website: https://nr7miner.com

    Email: info@nr7miner.com

    Attachment

    The MIL Network –

  • MIL-OSI: NR7 Miner Unveils AI-Driven XRP Cloud Mining for Passive Income: A Sustainable, Multi-Asset Solution for Global Investors

    Source: GlobeNewswire (MIL-OSI)

    Norfolk, UK, July 02, 2025 (GLOBE NEWSWIRE) — As the demand for sustainable income in the crypto market grows, NR7 Miner has announced the launch of its upgraded AI-driven cloud mining platform, centered around XRP and other major cryptocurrencies. This new rollout empowers users to earn passive income daily, with zero technical setup, 100% clean energy, and an intelligent mining engine that automatically shifts power to the most profitable digital assets.

    The platform supports multi-asset mining, allowing users to mine XRP, BTC, DOGE, ETH, LTC, and SOL with a single deposit. Whether you’re a beginner or a seasoned investor, NR7 Miner’s AI-enhanced model makes crypto mining as easy as signing up and choosing a plan, no mining rigs, noise, or maintenance required.

    Why NR7 Miner’s AI-Powered Mining Is the Future of Passive Crypto Income

    Unlike static cloud mining contracts that lock users into one coin or fixed terms, NR7 Miner’s intelligent engine uses real-time data to reallocate mining power across multiple assets. This ensures users always mine the most rewarding coins based on market price, mining difficulty, and energy efficiency.

    “We built NR7 Miner to give anyone, anywhere in the world, a smarter, cleaner, and more stable way to earn passive crypto income,” said the company’s CEO.

    “By combining multi-coin mining with renewable energy and AI-powered optimization, we’re opening the door to sustainable wealth generation.”

    Key Features of NR7 Miner’s New Platform:

    Multi-Asset Mining, Earn across XRP, BTC, DOGE, ETH, LTC, and SOL with one deposit

    AI Optimization Engine, adjusts power in real time based on market profitability

    Eco-Friendly Infrastructure, 100% powered by solar, wind, geothermal, and hydrogen

    Beginner-Friendly, start mining with as little as $10 and get a $12 welcome bonus

    Daily Rewards, Profits are automatically deposited and available for withdrawal

    No Hardware Needed, completely cloud-based; no tech skills required.

    Passive Income Aligned with Market Momentum:

    The launch of NR7 Miner’s XRP-focused mining comes at a time when market optimism around XRP continues to build. Following key regulatory developments and speculation of a future XRP ETF, crypto investors are seeking low-risk ways to gain exposure to the asset, without the volatility of direct trading.

    “This isn’t just mining, it’s smart wealth building,” said NR7 Miner’s Chief Market Strategist.

    “Our users don’t need to worry about the market swings. Our platform adjusts automatically, so they’re always positioned for the best possible return.”

    Mining Contracts:

    $100 Plan – 2-Days Term – Earn ~$3.5 per day

    $500 Plan – 5-Days Term – Earn ~$6.25 per day

    $1200 Plan – 10-Days Term – Earn ~$15.96 per day

    $3,000 Plan – 20-Days Term – Earn ~$42.3 per day

    $5,000 Plan – 30-Days Term – Earn ~$76 per day

    $8,000 Plan – 40-Days Term – Earn ~$130.4 per day

    $25,000 Plan – 50-Days Term – Earn ~$455 per day

    $50,000 Plan – 45-Days Term – Earn ~$990 per day

    $100,000 Plan – 45-Days Term – Earn ~$2100 per day

    $150’000 Plan – 30-Days Term – Earn ~$3675 per day

    Each plan offers guaranteed daily payouts, with the full principal returned upon maturity. Users can withdraw their profits at any time during the term.

    Global Reach Backed by Green Energy:

    Founded in 2020 and based in the UK, NR7 Miner now powers more than 100 cloud mining farms using 100% renewable energy. With over 8 million users across 100+ countries, the company’s platform is trusted by individuals, institutions, and crypto newcomers alike. Its affiliate program offers rewards up to $25,000, and customer support is available 24/7 in multiple languages.

    Get Started in 3 Easy Steps:

    Sign Up: Create your account and claim a $12 bonus

    Choose a Plan: Select your preferred contract and tern

    Start Earning: Let NR7 Miner’s AI engine mine on your behalf, automatically

    About NR7 Miner:

    NR7 Miner is a global leader in AI-powered, eco-friendly cloud mining solutions. The company enables users to mine XRP, BTC, DOGE, ETH, LTC, and SOL without the need for technical expertise or expensive equipment. With a focus on transparency, sustainability, and passive income generation, NR7 Miner helps users around the world unlock crypto profits the smart way.

    Website: https://nr7miner.com

    Email: info@nr7miner.com

    Attachment

    The MIL Network –

  • Indian stock market opens higher, IT stocks shine

    Source: Government of India

    Source: Government of India (4)

    The Indian benchmark indices opened higher on Wednesday amid positive global cues, with buying seen in the IT and auto sectors during early trade.

    At around 9:23 am, the Sensex was trading 225.5 points or 0.27 per cent higher at 83,922.79, while the Nifty added 58.75 points or 0.23 per cent to reach 25,600.55.

    According to analysts, after breaking out of the 24,500–25,000 range, the Nifty has moved into a new range of 25,200–25,800.

    Positive news about a possible trade deal between India and the US could help the index break the upper limit of this range, but sustaining the Nifty at higher levels may prove challenging, they added.

    Nifty Bank was down 45.20 points or 0.08 per cent at 57,414.25 in early trade. The Nifty Midcap 100 index was trading at 59,809.25 after gaining 59.20 points or 0.25 per cent. The Nifty Smallcap 100 index was at 19,082.10 after rising 26.40 points or 0.14 per cent.

    “The charts of Bank Nifty indicate that it may find support at 57,300, followed by 57,000 and 56,800. If the index advances further, 57,650 would be the initial key resistance, followed by 57,800 and 58,000,” said Hardik Matalia, Derivatives Analyst at Choice Broking.

    In the Sensex pack, Infosys, Tech Mahindra, ICICI Bank, TCS, Tata Steel, Bharti Airtel, HCL Tech and Adani Ports were the top gainers. Asian Paints, HDFC Bank, BEL and Eternal were among the top losers.

    Foreign institutional investors (FIIs) extended their selling on July 1, offloading equities worth Rs 1,970.14 crore, while domestic institutional investors (DIIs) continued their buying, purchasing equities worth Rs 771.08 crore on the same day.

    In Asian markets, Bangkok, China, Japan, Seoul and Jakarta were trading in the red, while only Hong Kong was trading in the green.

    In the previous trading session, the Dow Jones in the US closed at 44,494.94, up 400.17 points or 0.91 per cent. The S&P 500 ended with a loss of 6.90 points or 0.11 per cent at 6,198.05, while the Nasdaq closed at 20,202.89, down 166.85 points or 0.82 per cent.

    –IANS

  • MIL-OSI Banking: Secretary-General of ASEAN receives President of ERIA

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, today received the President of the Economic Research Institute for ASEAN and East Asia (ERIA), Prof. Tetsuya Watanabe, at the ASEAN Headquarters/ ASEAN Secretariat, to discuss the continued ASEAN–ERIA collaboration in implementing the ASEAN Community Vision 2045 and its Strategic Plans.
     
    The meeting underscored the outcomes of the recent 18th ERIA Governing Board Meeting and ERIA’s contributions to ASEAN’s strategic priorities, particularly in areas such as supply chain resilience, digital transformation, and energy transition. Dr. Kao also acknowledged ERIA’s growing role in capacity-building efforts for the ASEAN Member States and noted the importance of continued support to sustain and deepen collaborative initiatives.

    The post Secretary-General of ASEAN receives President of ERIA appeared first on ASEAN Main Portal.

    MIL OSI Global Banks –

  • MIL-OSI Russia: Territory of reasonable decisions: how Muscovites are helped to improve their financial literacy

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    The popularity of educational projects on financial literacy is growing in the capital. Master classes, games, quizzes, film lectures and other interactive activities help city residents of all ages understand financial issues. The events are held by the capital’s Department of Finance together with the financial literacy center and partners.

    “We talk to Muscovites about finances where it is convenient for them and in a way that interests them: in schools and universities, libraries, festivals and parks. In 2024 alone, over 560 events of various formats were held in the capital. And this year there will be even more. It is important that Muscovites receive not only new knowledge, but also practical skills: they learn to handle money wisely and make thoughtful financial decisions,” she noted.

    Elena Zyabbarova, Minister of the Moscow Government, head of the capital’s Department of Finance.

    The meetings go beyond the usual spaces and are already becoming part of the urban environment. Thus, this summer, financial literacy days were held at the Northern and Southern river terminals – these are new city platforms for such conversations.

    Another major event is Festival of financial literacy and entrepreneurial culture in Moscow. It has been held since 2017 by the capital’s departments of finance, education and science, as well as the Bank of Russia, and has become a traditional city educational event for city residents of all ages who want to improve their level of financial literacy and learn the basics of entrepreneurship. Last year, the festival lasted a whole week and covered more than 200 sites, including the Moscow Center for Education Quality, schools, colleges, universities, Moscow Longevity Centers, My Work and My Career employment centers, libraries and the Digital Business Space. More than 500 thousand people took part in online and offline events. This coming autumn, the festival will return with a rich program.

    Classes to improve financial literacy are integrated into major events and festivals, including Biblionight, Night at the Museum, and Red Square. Most often, city residents are interested in how to avoid being scammed, invest, and plan their personal budget.

    Modern formats make such events more lively and exciting. In 2024, a financial stand-up and a VR simulator appeared, with the help of which you can practice your personal finance management skills.

    Financial Literacy in Libraries

    For more than two years now, thematic meetings have been held for residents of the capital near their homes. As part of the project “ABCs of Financial Literacy”, which covers all age groups, lectures, business games, film lectures and other events are organized in Moscow libraries.

    City residents discuss familiar life situations with experts, including how to plan a family budget, what to consider when applying for a loan, and how not to become a victim of fraudsters. Event announcements can be found on social networks and city library websites.

    Name for the project Muscovites themselves chose. More than 170 thousand people took part in the voting on the Active Citizen platform.

    Financial Literacy in Film

    One of the most original formats is film lectures in Moscow cinemas. This is an unusual way to involve city residents in managing their personal finances, even if they have not been seriously interested in this before.

    Together with experts, viewers watch famous Soviet and Russian films, including “Courier”, “Moneychangers”, “Russian Money”, “Domovoy”, “Family Budget”. And then they analyze the behavior of the characters from the point of view of financial literacy: what went wrong, and could it have been done differently?

    Soviet films raise topics that remain relevant today, they are simply presented through the prism of modern realities. For example, the film “Beware of the Car” raises questions about car insurance.

    The project is being implemented with the support of the Moskino cinema chain and Department of Culture of Moscow.

    Financial Literacy at Work

    The rhythm of the metropolis does not always leave time for self-education, so a project for financial education of employees of work collectives has appeared in Moscow. Organizations can invite experts to conduct lectures and master classes directly at workplaces – offline or online. All events are free, and the topic can be chosen depending on the request of employees.

    The focus is most often on cybersecurity, personal budget management, consumer protection, investment basics, taxation and lending. Listeners can choose from interactive lectures, master classes, financial quizzes and case studies.

    You can determine the topic, format and time of classes, as well as sign up for the waiting list by link.

    Financial Literacy for Children and Youth

    The upbringing of a financially literate person begins at an early age. Thematic classes and events with elements of financial literacy are organized by Department of Education and Science of the City of MoscowIn addition, children can take part in Olympiads and quizzes, quizzes and quests, meet with representatives of large Russian companies and attend lessons taught by representatives of the Federal Financial Monitoring Service (Rosfinmonitoring).

    The capital’s Department of Finance is implementing several projects on financial literacy for children and young people. Kindergartens regularly host events for preschoolers, schools host open lessons on financial and budget literacy, and children’s city camps host interactive classes during the holidays. Starting this year, they can be visited not only in the summer, but also in the spring and fall. Primary school students will learn about the origin of funds, rules for financial security and rational purchases, and will also create a model of their bank card and take part in a quiz.

    Experts can also be invited to colleges and universities. Heads of educational institutions choose what will really interest students, including quizzes, educational lectures or cartoons on financial topics. Questions related to budget planning, the history of money, financial security and lending remain popular with young people. You can send an application to link.

    Separate tracks for children’s audiences were also provided at citywide events. While adults listen to lectures on smart family budget planning, children can play the tactile game “Guess What?”, analyze the financial behavior of popular cartoon characters, or take part in the quiz “Secrets of Financial Security.”

    Financial Literacy for the Older Generation

    Older city residents actively participate in educational events with experts, which take place in Moscow longevity centers, libraries and other venues, as well as at major festivals. Muscovites of the “silver” age learn how to make purchases on the Internet, protect personal data and avoid spontaneous spending.

    Experts also talk about aspects of inheritance law in Russia, forms of wills and the specifics of drafting them. It is important that listeners can get answers to their questions on the spot and analyze their personal financial situations.

    In addition, the Moscow Longevity project offers regular classes on financial and legal literacy. The course programs are designed to take into account the interests of the older audience. You can find out more at the Moscow Longevity Centers and on the portal Mos.ru.

    Financial Literacy for People with Disabilities

    Special attention is paid to financial education of citizens with disabilities. Muscovites with visual impairments will be able to attend lectures at the Russian State Library for the Blind and listen to educational programs recorded by the Department of Finance on Internet radio. People with hearing impairments have the opportunity to access educational videos with sign language interpretation. This allows us to cover all segments of the population and create a truly inclusive educational environment.

    Tax deductions and banking products: Moscow launches financial literacy project for the visually impairedMoscow projects to improve financial literacy are recognized as the best in Russia

    Financial literacy in new formats

    Technology is an important component of educational formats. In 2024, an updated version of the financial checkup was presented – an online test that helps assess your knowledge. More than 4.3 thousand people took it. This can be done at any time by linkBy answering a few questions, everyone will find out their level of financial literacy and receive personal recommendations and links to useful materials for further self-education.

    The VR simulator is no less popular. Participants get the opportunity to immerse themselves in a virtual space, where they try themselves in the role of a tax consultant or bank employee and make important decisions on loans and tax deductions. You can practice budget management skills at the events of the Department of Finance.

    Economically active Muscovites have a high level of financial literacy

    Financial Literacy Online

    Those who prefer to study remotely can also easily find the necessary information. Useful materials, event announcements and links are published on the portal “Open Budget of the City of Moscow” and in the same name telegram channel.

    Budget literacy

    Budget literacy projects are also being developed in Moscow. One example is the “Budget for Citizens” competition. The participants are mainly schoolchildren and students. They make guidebooks, draw comics, brochures and posters, develop educational websites, create educational videos and cartoons, and come up with business, board and computer games.

    The organizers analyze the competition entries and try to take into account useful suggestions. The most interesting ideas are implemented in educational projects. Department of FinanceThe works of the winners of the capital competition are also highly valued at the federal level.

    Get the latest news quickly official telegram channelthe 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/156131073/

    MIL OSI Russia News –

  • MIL-OSI Submissions: Palestinian Occupied Territories – Five months of forced displacement and escalating humanitarian needs amid advancing annexation in the West Bank – MSF

    Source: Médecins Sans Frontières (MSF)

    2 July, Jerusalem – More than 40,000 people in the northern West Bank remain forcibly displaced, cut off from their homes and left with very limited access to basic services and healthcare five months after the launch of the Israeli military operation ‘Iron Wall’. 

    This large-scale military campaign has seen Israeli forces raid and violently empty well-established refugee camps in northern West Bank. Médecins Sans Frontières (MSF) warns that people are facing deteriorating health and living conditions, as the Israeli forces are still causing widespread destruction, and occupying the three refugee camps of Jenin, Tulkarem and Nur Shams – preventing any return and barring access.

    “After five months, the military operation continues. The camps remain sealed off, with Israeli soldiers actively preventing anyone from entering. Families are still in limbo, and we’re worried that humanitarian needs will keep escalating,” says Simona Onidi, MSF project coordinator in Jenin and Tulkarem.

    To mark this grim milestone, MSF is releasing a new advocacy briefing note, Five Months Under Iron Wall, highlighting the human toll of prolonged displacement in the West Bank. The note draws on MSF’s field presence, operational data, and nearly 300 interviews conducted in mid-May across 17 locations where MSF works in northern West Bank, with forcibly displaced refugees from the three camps.

    Findings show that displacement-affected communities face growing instability and unmet needs such as access to healthcare and to regular food and water. Nearly half of the people spoken to have been forcibly displaced three or more times in four months, while nearly three out of four are unsure if they can stay where they currently are. Over a third report feeling unsafe where they currently reside. Mental health needs are also mounting, especially among women and children, as repeated displacement, uncertainty, and being violently displaced compound distress.

    “We live in a constant state of fear. Israeli forces frequently patrol the area near where I’m staying. My family and I keep our bags packed at all times, ready to flee if we’re displaced again.” – Displaced woman from Nur Shams Refugee Camp.

    MSF’s findings also reveal a disturbing pattern of violence and obstruction targeting displaced residents attempting to return to their homes in the camps, with over 100 incidents of indiscriminate violence reported. This includes shootings, assault, and detentions and is affecting people of all ages and genders. Some families found their homes burned, looted, or occupied; others were explicitly threatened and told never to come back. Returns are heavily restricted, with only limited time granted or access denied altogether.

    “When I came back to my home in the camp, it had been burned down — and my neighbour had been killed.” – Displaced man from Tulkarem Refugee Camp.

    One in three people could not reach a doctor when needed – mainly due to cost, distance, or lack of transport. Nearly half spoken to report inconsistent access to food and water, and 35 per cent of those with chronic illnesses are unable to get regular medication.

    In response to the unfolding crisis, MSF set up mobile medical teams which run in more than 40 public sites, displacement shelters in Jenin and Tulkarem and basic health care centres run by Ministry of Health facilities, offering basic health care services as well as mental health support and health promotion activities.

    The Iron Wall military operation is neither the beginning nor the end of the violence endured by Palestinians in the West Bank. This latest escalation comes on top of an already dire situation that has been steadily deteriorating, particularly since October 2023. As MSF’s February 2025 report Inflicting Harm and Denying Care shows, the West Bank has long been the site of repeated violations against civilians and medical organisations, and the current humanitarian crisis in the northern governorates cannot be understood in isolation from the broader context of coercive, violent measures and annexation.

    “What we’re seeing in the northern West Bank is not just a humanitarian emergency; it’s a man-made crisis, prolonged by design, and worsening by the day,” says Simona Onidi. “Humanitarian assistance is insufficient and inconsistent, organisations must step up their response to provide people with shelter, medical care, mental health support, and protection. We also call for an end to the Israeli military operations and lethal use of force, leading to death and injuries, and for displaced communities to be allowed to return safely and with dignity”.

     

    “Five Months Under Iron Wall: The Human Toll of Prolonged Displacement & Territorial Fragmentation in the West Bank” ( https://www.msf.org/sites/default/files/2025-07/202506_Briefing_Note_Iron_Wall_5_Months_After%201.pdf )

     

    MSF is an international, medical, humanitarian organisation that delivers medical care to people in need, regardless of their origin, religion, or political affiliation. MSF has been working in Haiti for over 30 years, offering general healthcare, trauma care, burn wound care, maternity care, and care for survivors of sexual violence. MSF Australia was established in 1995 and is one of 24 international MSF sections committed to delivering medical humanitarian assistance to people in crisis. In 2022, more than 120 project staff from Australia and New Zealand worked with MSF on assignment overseas. MSF delivers medical care based on need alone and operates independently of government, religion or economic influence and irrespective of race, religion or gender. For more information visit msf.org.au  

    MIL OSI – Submitted News –

  • MIL-OSI Submissions: Appointments – Gebrüder Weiss bids farewell to Management Board member Peter Kloiber

    Source: Gebrüder Weiss

    Peter Kloiber is stepping down after nearly three decades on the Gebrüder Weiss Management Board. At the same time Peter Schafleitner, former Director of Product Management Land Transport, is joining the Management Board.

    Lauterach, July 1, 2025. Changing of the guard in the Gebrüder Weiss executive: Peter Kloiber (64) is retiring after 28 years on the Management Board. He held responsibility for Parcel Services, Logistics, IT, Human Resources and Organizational Development, Marketing and Communications, as well as the subsidiaries Xvise (logistics consulting) and dicall (call center services).

    Born in Vorarlberg / Austria, Peter Kloiber launched his career at Gebrüder Weiss in 1990 when he took up a post in corporate and human resources development. He recognized the key role of internal training and development programs for long-term success, and initiated their establishment. 

    The company’s transformation into a modern, networked logistics group is also due in a large part to his dedication.
    “Peter Kloiber is a pioneer of our value-oriented corporate culture, which continues to shape our self-image and strategic direction to this day. We owe him a great deal,” said Wolfram Senger-Weiss, CEO of Gebrüder Weiss, paying tribute to Kloiber’s total of 35 years of service to the company.

    Peter Schafleitner (56), an experienced logistics expert, is moving up to the company’s top management tier. Born in Salzburg, he joined the organization in 1989, holding various positions in sales and land transport and managing two locations in Austria. From 2017 onwards, he was Director and Regional Manager for the Central Region, which includes Salzburg, Carinthia, Upper Austria, and the Czech Republic. Since 2024, he has been Head of Product Management for Land Transport. Schafleitner’s appointment to the Management Board reflects the group’s primary focus on continuity and the benefits of long-term experience and internal networking.

    As part of this personnel change, Gebrüder Weiss is also reorganizing the board’s portfolios. From July 1, 2025, the responsibilities will be distributed as follows:

    • Wolfram Senger-Weiss (CEO) will oversee digitalization, finance, corporate governance, real estate, and the Black Sea/CIS region.
    • Jürgen Bauer will take charge of Land Transport Europe, Customs, Purchasing, Logistics, and the subsidiary Xvise (logistics consulting).
    • Lothar Thoma will head the Air and Sea Freight and Overseas divisions as well as Human Resources and Organizational Development.
    • Peter Schafleitner will take over Product Management Land Transport, Sales, Marketing and Communications, while also being responsible for the parcel service (GWP) and the dicall call center.

    Further information on the Gebrüder Weiss management team can be found here: https://www.gw-world.com/company/about-us/business

    About Gebrüder Weiss

    Gebrüder Weiss Holding AG, based in Lauterach, Austria, is a globally operative full-service logistics provider with about 8,600 employees at 180 company-owned locations. The company generated revenues of 2.71 billion euros in 2024. Its portfolio encompasses transport and logistics solutions, digital services, and supply chain management. The twin strengths of digital and physical competence enable Gebrüder Weiss to respond swiftly and flexibly to customers’ needs. The family-run organization – with a history going back more than half a millennium – has implemented a wide variety of environmental, economic, and social initiatives. Today, it is also considered a pioneer in sustainable business practices. www.gw-world.com

    MIL OSI – Submitted News –

  • MIL-OSI New Zealand: Energy Sector – Unison brings kids’ electrical safety education online: Free for families everywhere

    Source: Unison Networks

    Local lines company, Unison Networks (Unison) is raising the bar for electrical safety education by launching its Digital Safe Sparks Programme to families across Hawke’s Bay, Taupō and Rotorua, making it easier than ever for children to learn how to stay safe around electricity.

    For over 20 years, Unison’s Safe Sparks Programme has been delivered in schools through a two-part, indoor and outdoor session. While these visits will continue across Unison’s electricity network regions, the company recognises it can only reach a limited number of classrooms each year. The new online version removes that barrier, offering any child, anywhere, anytime the chance to take part.

    The programme covers topics such as identifying electricity in the home, understanding how it is made, and developing practical safety skills. It also includes important information on Unison’s electrical equipment in the community, such as power poles, lines and boxes.

    Unison Group General Manager People, Safety and Culture, Rachel Masters highlighted the importance of extending the programme’s reach.

    “Keeping our communities and tamariki safe around electricity is at the heart of everything we do.

    “By taking Safe Sparks digital, we’re giving every whānau the opportunity to learn together, whether at home, at after school care, or during the school holidays. It’s about building a safer future, one child at a time,” Mrs Masters said.

    Designed for children aged 5 to 11, the interactive online experience features short, animated videos, real-life safety tips, and activities that help children understand how electricity works and how to stay safe, especially near Unison’s equipment like power poles, lines and boxes.

    Unison has delivered its In-person Safe Sparks Programme to thousands of students across its electricity network regions since 2003. The digital version, launched to schools in 2024, has now been extended to include families, after school care providers and holiday programmes.

    To celebrate the community rollout, Unison is offering spot prizes for those who complete the programme and submit the short form at the end. Three lucky participants will win $100 Prezzy Cards, with entries closing on 31 October 2025.

    “It’s a great school holiday activity, or something to do on a rainy weekend. The whole programme takes just 15 to 20 minutes, but the learning lasts a lifetime.

    “There’s no login required, it’s completely free, and families can download a personalised certificate at the end. It’s a fun and meaningful activity to do together,” Mrs Masters said.

    Unison encourages parents, caregivers, schools, holiday programmes and after school care providers to explore the resource and share it widely.

     

    Start the challenge today at: www.unison.co.nz/safe-sparks-digital.

    Notes:


    Unison Networks is New Zealand’s fifth largest electricity network, supplying over 119,000 customers across Hawke’s Bay, Taupō and Rotorua.

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Health Sector – General practice amazed at Government’s cash splurge on telehealth – Genaro

    Source: General Practice Owners Association (GenPro)

    The General Practice Owners Association is calling foul at the huge difference between government funding for screen-based telehealth compared to face-to-face visits to community doctors.

    “General practice is amazed at the extravagant payments to a few telehealth providers during these cash-strapped times. And we’re stunned that the government won’t fund anywhere near these amounts to support general practices to see the same patients,” says Dr Angus Chambers, Chair of GenPro.

    “The scale of per-patient funding indicates clear favouritism for telehealth providers. Questions must be asked about whether telehealth is good use of public money when general practices are funded at lower rates for a superior standard of patient service.

    “We’re asking health officials for the reasoning behind the funding difference in favour of screen-based appointments, which tend to be easier and quicker consultations, over a family doctor who examines patients more thoroughly.”

    Ironically a telehealth consultation often results in a recommendation to visit a general practitioner for a more thorough examination, Dr Chambers says.

    “We’re stunned that telehealth providers will receive:

    $65 for seeing after hours a 14-year-old whose caregiver has a community services card, while general practice receives $20.45.
    $65 for seeing after hours an adult with a community service card, while general practice will receive $15.33.
    $95 for seeing a 13-year-old whose caregiver has a community services card, while general practice receives $20.45.

    “While GenPro welcomed the recent increased funding for general practice, it’s important to emphasise that this boost was only for enrolled patients. This new telehealth service is for non-enrolled patients or those seeking care when their regular doctor cannot see them – which is a service many GPs also provide.

    “This is an important distinction as the huge advantage for telehealth will significantly undermine the sustainability of general practice.

    “Telehealth may be the only choice for remote rural areas where it is extremely hard to access a GP, or for those that are not enrolled in a practice, but it is risky to make it the first option for all.

    This Government’s $165 million investment in large corporations and primary health organisations, instead of front-line GP services, comes despite international evidence that telehealth is ineffective at solving  problems in the health system.

    “Evidence from the UK showed that telehealth did nothing to reduce emergency department attendance rates, time to cancer diagnosis, or to see a specialist. Telehealth might be convenient, but is it best for patients?

    “It seems that Health New Zealand believes that it is, as shown by this disproportionate funding,” Dr Chambers says.

    GenPro members are owners and providers of general practices and urgent care centres throughout Aotearoa New Zealand. For more information visit  www.genpro.org.nz
     
     

    Comparison of government funding of patients seeing screen-based telehealth providers versus face-to-face appointment at general practices
    Below is a comparison of the subsidies for either discipline to see a casual patient (not enrolled with the service provider). Noting that the Telehealth fees are capped.
     

    Age of patient                                     GP subsidy                                                T/health subsidy Difference 
    U6 BH CSC $35.78 U6 BH CSC $75.00 110%
    U6 AH CSC $35.78* U6 AH CSC $95.00 166%
    U6 BH No CSC $35.78 U6 BH No CSC $55.00 54%
    U6 AH No CSC $35.78* U6 AH No CSC $65.00 82%
    6-13 BH CSC $20.45 6-13 BH CSC $75.00 267%
    6-13 AH CSC $20.45* 6-13 AH CSC $95.00 365%
    6-13 BH No CSC $15.33 6-13 BH No CSC $55.00 259%
    6-13 AH No CSC $15.33* 6-13 AH No CSC $65.00 324%
    14-17 BH CSC $20.45 14-17 BH CSC $55.00 169%
    14-17 AH CSC $20.45 14-17 AH CSC $65.00 219%
    14-17 BH No CSC $15.33 14-17 BH No CSC $25.00 63%
    14-17 AH No CSC $15.33 14-17 AH No CSC $35.00 128%
    18+ BH CSC $15.33 18+ BH CSC $55.00 259%
    18+ AH CSC $15.33 18+ AH CSC $65.00 324%
    18+ BH No CSC $0.00 18+ BH No CSC $2.00 Infinity
    18+ AH No CSC $0.00 18+ AH No CSC $12.00 Infinity

    All amounts include GST
    BH = Business hours 0800-2200
    AH After hours 2200-0800
    CSC Community Services card
    * Additional after-hours subsidies available with regional variation

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Dairy Sector – Guy Roper to Chair NZ Dairy Companies Association (DCANZ)

    Source: Dairy Companies Association of New Zealand (DCANZ)

    The Dairy Companies Association of New Zealand (DCANZ) has appointed Guy Roper as its Independent Chairman.
    Mr Roper takes up the position from Matt Bolger, who stepped down at the end of last year following his appointment to Fonterra’s senior management team.
    Mr Roper is an experienced director, with a strong background in the dairy industry.
    As Chief Executive of Port Taranaki for six years up until 2021, he played an important role in the supply chain that enables New Zealand’s dairy exports. Before this, he held a variety of roles in the dairy sector, including at Fonterra as Global Account Director for Nestlé and as Commercial Director of Global Trade and Ingredients, as well as a farmer-elected director of the former Kiwi Co-operative Dairies, one of the two co-operatives that merged to form Fonterra. He currently holds directorships of Fisher Funds Management and Port Nelson.
    As Independent Chair of DCANZ, Mr Roper will chair a governance group comprising CEO’s and executive leaders of 11 dairy companies that together account for more than 98% of the milk processed in New Zealand. These companies come together at DCANZ to work in the best interests of the dairy industry.
    “DCANZ is pleased to welcome Guy to this role,” says Brendhan Greaney, CEO of Tatua, speaking on behalf of the DCANZ Executive Committee.
    “His governance capabilities, combined with a wealth of relevant knowledge and experience from previous executive roles, and his general passion for improving New Zealand’s prosperity through trade, will be important assets for DCANZ.”
    Mr Roper says: “I am excited to have this opportunity to contribute to a sector that I believe in and identify with.
    “The dairy industry plays an important role in New Zealand, and the leadership of dairy companies matters, especially in challenging times”.
    DCANZ is focused on growing dairy trade opportunities. Not only does this mean bringing down trade barriers, it also includes ensuring dairy exports, which currently deliver 35% of New Zealand’s total goods trade earnings, continue to be supplied within efficient and globally respected food regulatory and biosecurity frameworks. DCANZ also works to maintain New Zealand’s reputation as a reliable supplier of top-quality, safe and sustainably produced dairy products.

    MIL OSI New Zealand News –

  • MIL-OSI: BTCMiner, Cloud Mining Platform Revolutionises for Consistent, High Returns to Offer Millions Daily

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, July 01, 2025 (GLOBE NEWSWIRE) — Amid the volatile fluctuations of the cryptocurrency market, more and more investors are looking for stable, high-return platforms to grow their wealth. BTC Miner, an innovative cloud mining platform, has emerged as a game-changer by providing investors with the opportunity to earn millions daily without the need for expensive equipment, complicated setups, or market expertise. With guaranteed daily returns and a secure, hassle-free mining process, BTC Miner is helping people achieve their financial goals—even while they sleep.

    A New Era of Stable, Risk-Free Crypto Mining

    As traditional financial markets face ongoing uncertainty, cryptocurrency remains an attractive option for savvy investors. However, many have hesitated to enter the mining world due to the complexity and cost involved. BTC Miner removes these barriers by offering an easy-to-use, cloud-based mining solution that allows anyone to earn passive income without technical know-how.

    BTC Miner’s guaranteed principal + fixed return contracts ensure investors can earn stable returns, regardless of market fluctuations. For example:

    • Invest $200 and earn $10 per day, totaling $220 in just 2 days
    • Invest $2500 and earn $63 per day, totaling $2815 in 3 days
    • Invest $260,000 and earn $17238 per day, totaling $346,190 in 7 days

    The platform guarantees that your principal is safe and offers fixed daily returns, providing peace of mind in a volatile market.

    Zero-Risk Investment: Get Started with a $500 Welcome Bonus

    To help new users get started, BTC Miner offers a $500 welcome bonus. This bonus can be used to purchase a real mining contract, allowing users to start earning passive income immediately, without any initial investment. This is the perfect opportunity for both new and seasoned investors to test the platform and see real returns with zero risk.

    Referral Rewards: Build a Passive Income Network

    BTC Miner’s referral rewards program allows users to earn extra income by inviting others to join the platform. You’ll receive:

    • 7% referral reward from your direct referrals’ contract investments
    • 2% referral reward from your second-tier referrals’ contract investments

    There’s no limit on how much you can earn from referrals, and as more people join your network, your earnings grow exponentially. This social-driven incentive program is designed to help you build a wealth-generating network while earning from your referrals.

    Platform Advantages: Stability, Security, and High Returns

    • FCA Certified – Fully regulated, offering maximum transparency and security.
    • Guaranteed Returns – Fixed returns with principal protection, no exposure to market risk.
    • AI-Powered Cloud Mining – Smart resource management to optimize mining efficiency and returns.
    • Multi-Currency Support – BTC, ETH, XRP, DOGE, SOL, USDT (TRC20/ERC20), and more.
    • Green Energy Mining – Powered by renewable energy sources like solar and wind for sustainable operations.
    • 24/7 Customer Support – Multilingual support for users worldwide, ensuring prompt assistance.

    How to Get Started with BTC Miner

    1. Register for free at https://btcminer.net
    2. Claim your $500 bonus and choose a mining contract
    3. Start earning daily profits, with automatic payouts and the option to reinvest

    About BTC Miner

    Founded in 2009, BTC Miner is a leading digital asset mining platform that combines AI-powered mining, green energy, and regulatory compliance to provide secure, stable, and profitable cloud mining opportunities. The platform enables investors from around the world to earn passive income with minimal risk, offering fixed returns and guaranteed principal protection. As the cryptocurrency market evolves, BTC Miner remains at the forefront, helping users make stable, high returns in a safe and sustainable manner.

    Official Website: https://btcminer.net
     Email: info@btcminer.net

    Attachment

    The MIL Network –

  • MIL-OSI Economics: New Hope: Improving Livestock Business Models within and across Borders

    Source: Asia Development Bank

    The Asian Development Bank (ADB) and New Hope Liuhe, a leading livestock enterprise in the People’s Republic of China (PRC), are working together to focused on sustainable agribusiness and environmental protection. The partnership promotes circular agriculture and improves the whole industrial chain. By expanding into new markets such as Viet Nam, New Hope has replicated innovations from the PRC to help preserve local workers’ and farmers’ livelihoods and strengthen food security.

    MIL OSI Economics –

  • MIL-OSI Submissions: Australia – Super blind spot: one in three Australians don’t know their super balance, one in nine have never checked – CBA

    Source: Commonwealth Bank of Australia (CBA)

    New CommBank report reveals financial blind spots holding Australians back from greater financial confidence and joy, as free Financial Fitness program launches.

    Key findings from new CommBank Financial Fitness research:

    • Superannuation gaps: A third of Australians don’t know their super balance (33 per cent) and two thirds aren’t confident they’ll have enough to retire comfortably (63 per cent), with one in nine (11 per cent) having never checked their balance at all. Around one in three (31 per cent) don’t know how their super is invested, and this uncertainty jumps up for women and Gen Z (both 46 per cent).
    • Where there’s a will, there’s a way: Less than half (45 per cent) of Australians currently have a will and fewer than one in three (31 per cent) say theirs is up to date.
    • The art of budgeting: While over half have a budget (58 per cent), many Australians either find it ineffective (40 per cent) or simply struggle to stick to it (32 per cent). Among those who do budget, only 17 per cent use digital money management tools while 27 per cent use spreadsheets and 23 per cent figure it out ‘in their heads’.
    • Younger generations most financially stressed: Younger Australians are more likely to track their spending and have a plan to grow their money but still feel the most financially stressed (59 per cent) and least confident (42 per cent) compared with older generations, according to the CommBank Financial Fitness Report.
    • Goals being set, but hard to achieve: While almost all Australians say they have financial goals (95 per cent), only half feel confident they can achieve them (52 per cent) or that they can enjoy life because of the way they manage money (50 per cent). 

    Free CommBank Financial Fitness program launched to help

    CommBank has launched a free Financial Fitness program – a practical, expert-led initiative to help Australians build their financial knowledge and confidence. The curriculum covers topics such as ‘building your savings muscle’ and ‘stretching your money mindset’, with guidance on everything from creating an emergency fund to investing or buying a home.

    Drawing on behavioural insights such as ‘chunking’, the ‘fresh start effect’ and ‘social proofing’, the five part ‘actions-based’ Financial Fitness program is designed to help Australians improve both their Financial IQ and EQ. The program is available for free to all Australians – no matter who you bank with.

    Comments from CommBank Personal Finance Expert

    Jess Irvine, CommBank Personal Finance Expert, said: “Many Australians are doing their best, but still feel unsure about key parts of their finances – from how much super they have, to the best ways to budget. The truth is, being financially confident doesn’t mean having it all figured out. It means being informed, asking questions, and taking small steps forward.

    “That’s what our Financial Fitness program is about, because when you understand your money, you’re better placed to make decisions to shape your financial future. For some, it could be improving simple things – like sorting out a will or your super – to help protect your assets now and as they grow. For others, it might be a subtle money mindset shift to build better financial habits. No matter what stage of life you’re at, small actions can lead to greater confidence in your financial choices and the freedom to focus on what really matters to you.”

    Other insights from the research

    The research also highlights how our financial habits are changing with the current cost of living and as we get older, including:

    • Cost of living sparks a new generation of savvy shoppers: Australians say cost of living pressures have motivated them to look for ways to save money on everyday items (63 per cent), as well as using discounts and reward programs (60 per cent), spacing out or reducing regular appointments (43 per cent).
    • A problem shared is a problem halved: Almost half of the nation (47 per cent) avoid talking about their financial situation with loved ones, with 15 per cent of this cohort simply not knowing how to start the conversation. Other reasons include feeling uncomfortable (38 per cent), overwhelmed (23 per cent) or embarrassed (19 per cent). As we age, we get less embarrassed to talk about finances (26 per cent aged 18-29 years old versus 12 per cent aged 60+ years old).
    • Financial confidence is in reach: Almost two thirds of Australians (62 per cent) say there is at least one thing stopping them from becoming more financially confident, such as they don’t know where to start (23 per cent), the jargon is confusing (20 per cent) and they don’t have time to learn about money (13 per cent).

    Do you know how financially fit you are? Watch the video below to take this test and find out.

    Brighter Side of Banking

    The Financial Fitness program is the next evolution of CommBank’s Brighter Side of Banking, which already includes Brighter magazine, online content and a TV series, offering tips and inspiring stories on money management, cost-of-living support and financial confidence.

    With the Brighter TV content reaching more than 10 million across all platforms, 80 per cent of viewers say they took action and put into practice one learning after watching the show.

    For more information or to access the Financial Fitness lessons visit https://commbank.com.au/financialfitness.

    CommBank Financial Fitness Research commissioned March 2025, national representative sample of 3,146 respondents.

    MIL OSI – Submitted News –

  • MIL-OSI Submissions: Australia – Strengthening scam protection: Introducing Confirmation of Payee – CBA

    Source: Commonwealth Bank of Australia (CBA)

    In an important step towards enhancing protections against scams and fraud, most retail Australian banks are introducing a new security feature, Confirmation of Payee. This is how it will work alongside CommBank’s existing NameCheck capability, and what that means for CommBank customers, as well as other financial institutions who implement both.

    Key points:

    • This month, CommBank is launching Confirmation of Payee (CoP), an industry name-matching solution designed to help combat scams and mistaken payments.
    • CoP was developed by industry body Australian Payments Plus (AP+) and is being progressively rolled out by most Australian banks this year.
    • CommBank was the first Australian bank to previously introduce a capability on our digital banking platforms to provide an indication to retail and business customers if the payment details they enter on a first-time payment don’t look right.
    • CoP will work alongside CommBank’s security tool NameCheck and together, the two solutions will provide more information to CommBank customers to help them protect themselves against scams and mistaken payments.

    How it works

    CoP builds on New Payments Platform (NPP) infrastructure to match the name entered by the payee with the name held by the receiving bank, when sending a domestic payment via BSB and account number.

    Meanwhile, CommBank’s existing security tool NameCheck searches the account details customers have entered when making a first-time payment in NetBank, the CommBank app or CommBiz[1]. Based on CommBank’s available payment data, NameCheck will then indicate whether the account details look right, taking into account additional factors such as preferred names, nicknames, business trading names and risk activity indicators.

    NameCheck has already saved $650 million in prevented scams and mistaken payments for CommBank customers[2].

    Both NameCheck and CoP are designed to provide additional information to customers when making payments and, together, they help provide CommBank customers with additional protections against scams and mistaken payments.

    CBA will use NameCheck to enrich or augment CoP findings in some cases, for example where CoP data does not cover a given account but NameCheck does, or where NameCheck has well established name derivations that might enhance consumer experience.

    To bring to life how the two technologies will be stronger together, CommBank General Manager Payments Alison Chang used her dad, a Singaporean immigrant whose preferred name differs from his legal name, as the example.

    “My dad is a first-generation immigrant from Singapore. He goes by John*, but his legal name is very different. When someone transfers money into my dad’s account using his nickname rather than the legal name registered with CommBank as his financial institution, NameCheck will create a match based on available payment information and past transaction data, complementing CoP’s analysis of information captured under Know Your Customer obligations.”

    The combined technology will create safer yet seamless payment experiences and will use the same principle to provide information about payments being made to businesses.

    “Businesses often trade under names that vastly differ to those filed with the Australian Business Register. When CommBank retail and small business customers are paying an invoice via NetBank or CommBank app, CoP and NameCheck can help give them confidence that they have entered the BSB and account number correctly – making sure they send money to the right person.

    For CommBank customers, CoP and NameCheck are more powerful together, as NameCheck provides additional activity-based risk warnings, even if the account name matches.

    Why this matters

    Scam activity continues to present a significant threat to Australian consumers and businesses. According to Ms Chang, introducing CoP is part of a concerted effort by the banking sector to combating this threat.

    “Introducing Confirmation of Payee reflects CommBank’s active participation in an industry-wide push to make Australia less attractive to scammers. Over two years, CommBank has seen customer losses from scams drop by 70 per cent, however there is more work to do as scammers’ methods evolve”.

    “Our experience in supporting customers with NameCheck has allowed CBA to provide valuable insights during the industry discussions for the AP+ Confirmation of Payee solution. CommBank has an ongoing commitment to improving customer safety, and CoP will help empower customers to take greater control and help spot a scam before it happens,” Ms Chang added.

    As well as NameCheck, CoP complements CommBank’s other anti-scam measures, for example participation in the Australian Financial Crime Exchange (AFCX) Intelligence Loop and behavioural security technology.

    “We encourage customers to remain vigilant and take steps to protect themselves against scams by staying on top of scam tr

    MIL OSI – Submitted News –

  • MIL-OSI Australia: Ready, steady, tax time!

    Source: New places to play in Gungahlin

    We know running a small business is serious business and we want to make it as easy as possible for you to get your tax right, the first time. There are a few things you can do to prepare for the end of the financial year, whether you’re lodging yourself or using a tax professional.

    Get set up

    Online services for business is your central hub for managing tax and super online. To set up your access, you’ll need to:

    • download and set up your myID, the Australian Government’s Digital ID app
    • link your myID to your ABN in Relationship Authorisation Manager (RAM).

    Tip: if you’re a sole trader, you can use ATO online services through myGov to engage with us. For more secure and flexible access, we recommend signing in with myID.

    Declare everything

    Make sure you declare all your business income – even non-monetary payments like goods or services you’ve received in exchange for your work. It all counts.

    Understand losses

    Business losses and non-commercial losses aren’t the same thing. Knowing the difference can impact how you report and carry forward losses, so it’s worth getting your head around it to get your tax right.

    Keep track of private use

    If you’ve used business money for personal expenses, keep clear records. It’s important to separate business activities and expenses from personal ones to avoid headaches later.

    Nominate your tax agent

    Using a tax agent? Make sure you nominate them in Online services for business. They won’t be able to access your information or act on your behalf until you’ve authorised them.

    Deductions: remember the 3 golden rules

    1. The expense must have been for your business, and not for private use.
    2. If the expense is for a mix of business and private use, you can only claim the portion that is used for your business.
    3. You must have records or receipts to prove it.

    Cash vs accruals: know your method

    The income you receive from running your small business will be assessable for tax purposes. How you account for income affects what you report:

    • Cash basis: Report income when you receive the payment – even if the work was done earlier.
    • Accruals basis: Report income when you earn it – even if you haven’t been paid yet.

    Don’t miss out on deductions and concessions

    Now is a great time to check if you’re eligible for any deductions or concessions when lodging your income tax return. You might be able to take advantage of:

    These can make a real difference to your bottom line – so it’s worth checking what applies to your business.

    We have a range of resources, tools and services available to help you get it right this tax time, including the 2025 Tax Time toolkit for small business.

    Keep up to date

    We’ve set up tailored communication channels for small businesses. They will keep you updated on important information and changes.

    Read more articles in our Small business newsroom.

    Subscribe to our free to our monthly Small business email newsletterExternal Link.

    Get email notifications about new and updated information on our website. You can choose to receive updates that matter to you. Select the ‘Business and organisations’ category. This way, your subscription will get notifications for more Small business newsroom articles like this one.

    MIL OSI News –

  • MIL-OSI: MMP Capital Drives Significant Growth in Equipment Financing Services

    Source: GlobeNewswire (MIL-OSI)

    MMP Capital’s New Hampshire office has driven notable growth in diverse industries like printing, dental, and manufacturing. The company increased direct lending capabilities, achieving faster approvals and customized financing. Plans include expanding its New York facility and refining partnership strategies for optimal service.

    Photo Courtesy of MMP Capital

    FARMINGDALE, New York, July 01, 2025 (GLOBE NEWSWIRE) — MMP Capital, a leading private lending company specializing in equipment financing and small business lending, has reported substantial growth this year. The expansion of additional satellite offices in New Hampshire and Massachusetts marks the company’s first offices outside its Long Island headquarters and has already delivered noteworthy results in diversifying the company’s portfolio beyond its traditional healthcare focus.

    The New Hampshire office has rapidly expanded MMP Capital’s presence in several key industries, including printing, dental, franchises, metal fabrication, construction, yellow iron, and manufacturing. This growth aligns with the company’s strategic vision to strengthen its position as a versatile equipment financing provider while maintaining its established leadership in the aesthetic medical healthcare sector.

    “Since opening our Portsmouth office in February, we’ve experienced exceptional growth in our non-healthcare financing portfolio. The office has been a haven for talented people who were looking for a dynamic environment to further their career, and have found success with MMP Capital,” said Jim Siederman, Executive Vice President of MMP Capital. “The New Hampshire team has exceeded our expectations, bringing on new customers across diverse industries and upholding our commitment to customer service excellence. This expansion represents geographic growth and a significant broadening of our market reach. We are getting bombarded with new resumes and have plans to expand the size of the office in 2026 to continue to feed the growth.”

    MMP Capital operates as a hybrid lender, lending directly from its capital resources and working through a network of syndication partners when appropriate. The company has recently increased its balance sheet lending capabilities, allowing for greater control over the lending process and enabling more customized financing solutions for clients.

    “One of our strategic priorities this year has been increasing the percentage of direct lending we provide,” explained President & CEO, John-Paul Smolenski. “This gives us more control over the entire customer experience, from approval application. With our expanded team in the Northeast, we can offer faster approvals, more flexible terms, and dedicated account executives who understand the industries they serve. We could not have done it without the support of good partners at Deutsche Bank and Brean Capital, who have been integral in our success.”

    The success of the New England offices comes at a time of significant overall growth for MMP Capital. The company recently announced record-setting performance in late 2024, with total production reaching $55 million in December originations alone. This momentum has continued into 2025, with originations growing at close to 40% YOY companywide.

    The company has also announced plans to expand its Long Island HQ in the third quarter of 2025, creating additional capacity for their growing sales and operations teams in a new 25,000 sq ft office in Melville, Long Island. This organic growth reflects MMP Capital’s continued commitment to scaling its services while maintaining personalized attention to clients.

    “The timing is perfect, as the macro economy is starting to take off after the last few years of turmoil. Small Business owners are extremely excited about what the future holds. As we continue to grow, we are becoming increasingly selective about our lending partnerships,” added Smolenski. “We’re moving away from syndication partners who don’t fully align with our commitment to customer service excellence. When we realized that 95% of customer complaints came from poor experiences from the post-sale assignment of two funding sources. Once we identified those two funding sources, it was a no brainer to sever relations with them. This strategic shift allows us to maintain consistent, high-quality service throughout the financing process, from application to final payment. Our high-end clients can go anywhere they want for financing, but are loyal to MMP Capital due to our convenience, and high levels of personal service.”

    About MMP Capital

    MMP Capital was founded in 2013 with a mission to be the gold standard in healthcare equipment finance in the U.S. Led by a management team with vast experience in sales, credit, and operations from several banks, leasing companies, and funding institutions, MMP Capital is uniquely equipped as a hybrid lender to lend directly or utilize a vast syndication outlet.

    The company’s financing options for equipment financing, leasing, and unsecured capital offer U.S. businesses the opportunity to invest in their future, update outdated technology, or offer new services to customers.

    Contact Information

    Jamie O’Connor
    Director of Marketing & Branding
    MMP Capital
    joconnor@mmpcapital.com
    https://mmpcapital.com/
    o: (516) 308‑6946 | m: (917) 902‑7595 | f: (516) 400‑2071

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b87b1caf-0f48-46e8-9905-f04f0c26e778

    The MIL Network –

  • MIL-OSI: EQV Ventures Acquisition Corp. II Announces the Pricing of Upsized $420 Million Initial Public Offering

    Source: GlobeNewswire (MIL-OSI)

    PARK CITY, UTAH, July 01, 2025 (GLOBE NEWSWIRE) — EQV Ventures Acquisition Corp. II (the “Company”), a special purpose acquisition company sponsored by an affiliate of the EQV Group, and formed for the purpose of entering into a business combination with one or more businesses, announced today the pricing of its initial public offering of 42,000,000 units, upsized from 35,000,000 units, at a price of $10.00 per unit. The units are expected to be listed on the New York Stock Exchange (“NYSE”) and begin trading tomorrow, July 2, 2025, under the ticker symbol “EVACU.”

    Each unit consists of one Class A ordinary share and one-third of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to certain adjustments. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Once the securities constituting the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on NYSE under the ticker symbols “EVAC” and “EVACW,” respectively.

    BTIG, LLC is acting as sole book-running manager for the offering.

    The Company has granted the underwriter a 45-day option to purchase up to an additional 6,300,000 units at the initial public offering price to cover over-allotments, if any. The offering is expected to close on July 3, 2025, subject to customary closing conditions.

    The offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained from: BTIG, LLC, 65 East 55th Street New York, New York 10022, Attn: Syndicate Department, or by email at ProspectusDelivery@btig.com.

    Registration statements relating to these securities have been filed with the U.S. Securities and Exchange Commission (“SEC”) and became effective on July 1, 2025. 

    This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

    Forward-Looking Statements

    This press release contains statements that constitute “forward-looking statements,” including with respect to the proposed initial public offering, the anticipated use of the net proceeds, and the search for an initial business combination. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated.

    Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and preliminary prospectus for the Company’s initial public offering filed with the SEC. Copies of these documents are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

    Investor Contacts

    IR@eqvventures.com

    The MIL Network –

  • MIL-OSI Economics: Money Market Operations as on July 01, 2025

    Source: Reserve Bank of India
    (Amount in ₹ crore, Rate in Per cent)
      Volume
    (One Leg)    		 Weighted
    Average Rate    		 Range
    A. Overnight Segment (I+II+III+IV) 6,81,010.53 5.20 3.95-6.50
         I. Call Money 16,015.92 5.31 4.75-5.40
         II. Triparty Repo 4,61,298.45 5.19 4.50-5.30
         III. Market Repo 2,00,852.61 5.21 3.95-5.50
         IV. Repo in Corporate Bond 2,843.55 5.49 5.40-6.50
    B. Term Segment      
         I. Notice Money** 54.50 5.27 5.15-5.32
         II. Term Money@@ 1,110.50 – 5.60-6.00
         III. Triparty Repo 5,503.90 5.22 5.15-5.40
         IV. Market Repo 247.46 5.40 5.40-5.40
         V. Repo in Corporate Bond 0.00 – –
      Auction Date Tenor (Days) Maturity Date Amount Current Rate /
    Cut off Rate
    C. Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF)
    I. Today’s Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo          
         (b) Reverse Repo          
      (II) Fine Tuning Operations          
         (a) Repo          
         (b) Reverse Repo          
    3. MSF# Tue, 01/07/2025 1 Wed, 02/07/2025 1,233.00 5.75
    4. SDFΔ# Tue, 01/07/2025 1 Wed, 02/07/2025 2,55,381.00 5.25
    5. Net liquidity injected from today’s operations [injection (+)/absorption (-)]*       -2,54,148.00  
    II. Outstanding Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo          
         (b) Reverse Repo          
      (II) Fine Tuning Operations          
         (a) Repo          
         (b) Reverse Repo Fri, 27/06/2025 7 Fri, 04/07/2025 84,975.00 5.49
    3. MSF#          
    4. SDFΔ#          
    D. Standing Liquidity Facility (SLF) Availed from RBI$       7,247.29  
    E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*     -77,727.71  
    F. Net liquidity injected (outstanding including today’s operations) [injection (+)/absorption (-)]*     -3,31,875.71  
    G. Cash Reserves Position of Scheduled Commercial Banks
         (i) Cash balances with RBI as on July 01, 2025 10,06,563.07  
         (ii) Average daily cash reserve requirement for the fortnight ending July 11, 2025 9,52,318.00  
    H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ July 01, 2025 0.00  
    I. Net durable liquidity [surplus (+)/deficit (-)] as on June 13, 2025 5,62,116.00  
    @ Based on Reserve Bank of India (RBI) / Clearing Corporation of India Limited (CCIL).
    – Not Applicable / No Transaction.
    ** Relates to uncollateralized transactions of 2 to 14 days tenor.
    @@ Relates to uncollateralized transactions of 15 days to one year tenor.
    $ Includes refinance facilities extended by RBI.
    & As per the Press Release No. 2019-2020/1900 dated February 06, 2020.
    Δ As per the Press Release No. 2022-2023/41 dated April 08, 2022.
    * Net liquidity is calculated as Repo+MSF+SLF-Reverse Repo-SDF.
    ¥ As per the Press Release No. 2014-2015/1971 dated March 19, 2015.
    # As per the Press Release No. 2023-2024/1548 dated December 27, 2023.
    Ajit Prasad          
    Deputy General Manager
    (Communications)    
    Press Release: 2025-2026/640

    MIL OSI Economics –

  • MIL-OSI Economics: Money Market Operations as on July 01, 2025

    Source: Reserve Bank of India
    (Amount in ₹ crore, Rate in Per cent)
      Volume
    (One Leg)    		 Weighted
    Average Rate    		 Range
    A. Overnight Segment (I+II+III+IV) 6,81,010.53 5.20 3.95-6.50
         I. Call Money 16,015.92 5.31 4.75-5.40
         II. Triparty Repo 4,61,298.45 5.19 4.50-5.30
         III. Market Repo 2,00,852.61 5.21 3.95-5.50
         IV. Repo in Corporate Bond 2,843.55 5.49 5.40-6.50
    B. Term Segment      
         I. Notice Money** 54.50 5.27 5.15-5.32
         II. Term Money@@ 1,110.50 – 5.60-6.00
         III. Triparty Repo 5,503.90 5.22 5.15-5.40
         IV. Market Repo 247.46 5.40 5.40-5.40
         V. Repo in Corporate Bond 0.00 – –
      Auction Date Tenor (Days) Maturity Date Amount Current Rate /
    Cut off Rate
    C. Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF)
    I. Today’s Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo          
         (b) Reverse Repo          
      (II) Fine Tuning Operations          
         (a) Repo          
         (b) Reverse Repo          
    3. MSF# Tue, 01/07/2025 1 Wed, 02/07/2025 1,233.00 5.75
    4. SDFΔ# Tue, 01/07/2025 1 Wed, 02/07/2025 2,55,381.00 5.25
    5. Net liquidity injected from today’s operations [injection (+)/absorption (-)]*       -2,54,148.00  
    II. Outstanding Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo          
         (b) Reverse Repo          
      (II) Fine Tuning Operations          
         (a) Repo          
         (b) Reverse Repo Fri, 27/06/2025 7 Fri, 04/07/2025 84,975.00 5.49
    3. MSF#          
    4. SDFΔ#          
    D. Standing Liquidity Facility (SLF) Availed from RBI$       7,247.29  
    E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*     -77,727.71  
    F. Net liquidity injected (outstanding including today’s operations) [injection (+)/absorption (-)]*     -3,31,875.71  
    G. Cash Reserves Position of Scheduled Commercial Banks
         (i) Cash balances with RBI as on July 01, 2025 10,06,563.07  
         (ii) Average daily cash reserve requirement for the fortnight ending July 11, 2025 9,52,318.00  
    H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ July 01, 2025 0.00  
    I. Net durable liquidity [surplus (+)/deficit (-)] as on June 13, 2025 5,62,116.00  
    @ Based on Reserve Bank of India (RBI) / Clearing Corporation of India Limited (CCIL).
    – Not Applicable / No Transaction.
    ** Relates to uncollateralized transactions of 2 to 14 days tenor.
    @@ Relates to uncollateralized transactions of 15 days to one year tenor.
    $ Includes refinance facilities extended by RBI.
    & As per the Press Release No. 2019-2020/1900 dated February 06, 2020.
    Δ As per the Press Release No. 2022-2023/41 dated April 08, 2022.
    * Net liquidity is calculated as Repo+MSF+SLF-Reverse Repo-SDF.
    ¥ As per the Press Release No. 2014-2015/1971 dated March 19, 2015.
    # As per the Press Release No. 2023-2024/1548 dated December 27, 2023.
    Ajit Prasad          
    Deputy General Manager
    (Communications)    
    Press Release: 2025-2026/640

    MIL OSI Economics –

  • MIL-Evening Report: Distrust in AI is on the rise – but along with healthy scepticism comes the risk of harm

    Source: The Conversation (Au and NZ) – By Simon Coghlan, Senior Lecturer in Digital Ethics, Deputy Director Centre for AI and Digital Ethics, School of Computing and Information Systems, The University of Melbourne

    PlayStation/StaminaZero/YouTube

    Some video game players recently criticised the cover art on a new video game for being generated with artificial intelligence (AI). Yet the cover art for Little Droid, which also featured in the game’s launch trailer on YouTube, was not concocted by AI. It was, the developers claim, carefully designed by a human artist.

    Surprised by the attacks on “AI slop”, the studio Stamina Zero posted a video showing earlier versions of the artist’s handiwork. But while some accepted this evidence, others remained sceptical.

    In addition, several players felt that even if the Little Droid cover art was human made, it nonetheless resembled AI-generated work.

    However, some art is deliberately designed to have the futuristic glossy appearance associated with image generators like Midjourney, DALL-E, and Stable Diffusion.

    Stamina Zero published a video showing the steps the artist took to create the cover art.

    It’s becoming increasingly easy for images, videos or audio made with AI to be deceptively passed off as authentic or human made. The twist in cases like Little Droid is that what is human or “real” may be incorrectly perceived as machine generated – resulting in misplaced backlash.

    Such cases highlight the increasing problem of the balance of trust and distrust in the generative AI era. In this new world, both cynicism and gullibility about what we encounter online are potential problems – and can lead to harm.

    Wrongful accusations

    This issue extends well beyond gaming. There are growing criticisms of AI being used to generate and publish music on platforms like Spotify.

    Yet as a result, some indie music artists have been wrongfully accused of generating AI music, resulting in damage to their burgeoning careers as musicians.

    In 2023, an Australian photographer was wrongly disqualified from a photo contest due to the erroneous judgement her entry was produced by artificial intelligence.

    Writers, including students submitting essays, can also be falsely accused of sneakily using AI. Currently available AI detection tools are far from foolproof – and some argue they may never be entirely reliable.

    Recent discussions have drawn attention to common characteristics of AI writing, including the em dash – which, as authors, we often employ ourselves.

    Given that text from systems like ChatGPT has characteristic features, writers face a difficult decision: should they continue writing in their own style and risk being accused of using AI, or should they try to write differently?



    Read more:
    Google’s SynthID is the latest tool for catching AI-made content. What is AI ‘watermarking’ and does it work?

    The delicate balance of trust and distrust

    Graphic designers, voice actors and many others are rightly worried about AI replacing them. They are also understandably concerned about tech companies using their labour to train AI models without consent, credit or compensation.

    There are further ethical concerns that AI-generated images threaten Indigenous inclusion by erasing cultural nuances and challenging Indigenous cultural and intellectual property rights.

    At the same time, the cases above illustrate the risks of rejecting authentic human effort and creativity due to a false belief it is AI. This too can be unfair. People wrongly accused of using AI can suffer emotional, financial and reputational harm.

    On the one hand, being fooled that AI content is authentic is a problem. Consider deepfakes, bogus videos and false images of politicians or celebrities. AI content purporting to be real can be linked to scams and dangerous misinformation.

    On the other hand, mistakenly distrusting authentic content is also a problem. For example, rejecting the authenticity of a video of war crimes or hate speech by politicians – based on the mistaken or deliberate belief that the content was AI generated – can lead to great harm and injustice.

    Unfortunately, the growth of dubious content allows unscrupulous individuals to claim that video, audio or images exposing real wrongdoing are fake.

    As distrust increases, democracy and social cohesion may begin to fray. Given the potential consequences, we must be wary of excessive scepticism about the origin or provenance of online content.

    A path forward

    AI is a cultural and social technology. It mediates and shapes our relationships with one another, and has potentially transformational effects on how we learn and share information.

    The fact that AI is challenging our trust relationships with companies, content and each other is not surprising. And people are not always to blame when they are fooled by AI-manufactured material. Such outputs are increasingly realistic.

    Furthermore, the responsibility to avoid deception should not fall entirely on internet users and the public. Digital platforms, AI developers, tech companies and producers of AI material should be held accountable through regulation and transparency requirements around AI use.

    Even so, internet users will still need to adapt. The need to exercise a balanced and fair sense of scepticism toward online material is becoming more urgent.

    This means adopting the right level of trust and distrust in digital environments.

    The philosopher Aristotle spoke of practical wisdom. Through experience, education and practice, a practically wise person develops skills to judge well in life. Because they tend to avoid poor judgement, including excessive scepticism and naivete, the practically wise person is better able to flourish and do well by others.

    We need to hold tech companies and platforms to account for harm and deception caused by AI. We also need to educate ourselves, our communities, and the next generation to judge well and develop some practical wisdom in a world awash with AI content.

    The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. Distrust in AI is on the rise – but along with healthy scepticism comes the risk of harm – https://theconversation.com/distrust-in-ai-is-on-the-rise-but-along-with-healthy-scepticism-comes-the-risk-of-harm-260189

    MIL OSI Analysis – EveningReport.nz –