NewzIntel.com

Category: Business

  • MIL-OSI Security: Clayton Man with Gun Sentenced to Over Five Years in Prison for COVID-19 Fraud

    Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)

    WILMINGTON, N.C. – Darnell William King, age 42, was sentenced to 70 months in prison followed by five years of supervised release following his plea in May to conspiracy to commit bank and wire fraud, aggravated identity theft, and possession of a firearm by a convicted felon.  According to the indictment and information presented in court, King entered into separate conspiracies to commit Paycheck Protection Program (PPP) fraud and to use stolen identities to obtain personal lines of credit from various private lenders in and around Wake County.  King was also ordered to pay restitution to the Small Business Administration and the private lenders who were defrauded.

    “This sentence sends a clear message: those who seek to exploit pandemic relief programs and steal individuals’ identities for personal gain will be held accountable,” said Acting U.S. Attorney Daniel P. Bubar. “Mr. King’s deliberate and repeated fraud undermined a program designed to help struggling businesses in Eastern North Carolina. Thanks to the diligence of our federal and state partners, justice has been served.”

    “Criminals cause immeasurable hardship to innocent victims and businesses by lying and stealing their identities,” said Acting Special Agent in Charge Richard Gaskins, Charlotte Field Office, Internal Revenue Service Criminal Investigation. “The defendant knowingly stole personally identifiable information and recruited others to aid in obtaining fraudulent loans using the stolen info. Our special agents will continue to work alongside our law enforcement partners and the United States Attorney’s Office, to find, investigate and prosecute those who choose to willfully defraud the American people.”

    “Stealing critical resources aimed at protecting communities and citizens is inexcusable,” said ATF Special Agent in Charge Alicia Jones. “Not only did this individual exploit assistance programs aimed at helping those in need, but he did so while illegally possessing a firearm. Prohibited individuals in possession of firearms are dangerous and should be considered serious threats to public safety.”

    King and others recruited “mules” to obtain fraudulent personal loans.  King created fake driver’s licenses and other identity documents using a true photo of the mule and stolen personally identifying information belonging to unknowing victims.   The mules then used the fake identity documents and other forged business records to obtain personal loans based on applications for credit that King or others had previously submitted online.  The mule would then deliver the loan proceeds to King or his co-conspirators and would receive kickbacks anywhere between $100 and $2,000.

    “This extensive investigation, known as Operation Overload, uncovered a sophisticated criminal enterprise that fraudulently utilized thousands of North Carolina licenses, resulting in financial crimes that impacted individuals across multiple states,” said Captain Vaughn of the North Carolina DMV License & Theft Bureau. “Bureau commends its inspectors, intelligence analysts, and all partner agencies for their hard work and collaboration. Their efforts underscore the importance of interagency cooperation in combating complex fraud schemes and safeguarding the identities of North Carolina residents.”

    “This investigation began following several complaints from Wake County residents regarding identity theft and fraud. Over the course of nearly a year, a thorough investigation led to multiple arrests, supported by the NCDMV License and Theft, Clayton Police Department, U.S. Department of Homeland Security, and the IRS Criminal Investigations. The investigators involved demonstrated exceptional diligence in pursuing the suspects and uncovering a vast network of crimes. Their efforts resulted in identifying hundreds of victims, not only in Wake County, but across North Carolina, and uncovering hundreds of thousands of dollars in fraud. I would like to commend the investigators for their tireless work and unwavering commitment to serving the residents of our county and state,” Sheriff Willie Rowe said.

    In a second conspiracy, King and other conspirators applied for a PPP loan in King’s name with falsified bank and tax records claiming that King had been working as an Uber driver before the pandemic, resulting in the disbursement of over $15,000 in funds guaranteed by the Small Business Administration.  Finally, during the execution of a search warrant in Clayton seeking evidence related to the identity theft conspiracy, law enforcement discovered King in possession of a firearm with a high-capacity drum magazine, even though King is a previously convicted felon prohibited from possessing firearms.  King’s co-defendants, Loretta Clarice James and Lakesha Bowles, were previously sentenced to 8 years imprisonment and 30 months imprisonment respectively, for their roles in the conspiracies.

    Daniel P. Bubar, Acting U.S. Attorney for the Eastern District of North Carolina made the announcement after Chief U.S. District Judge Richard E. Myers II pronounced the sentence.  Internal Revenue Service Criminal Investigation led the investigation with the assistance of Homeland Security Investigations; the Wake County Sheriff’s Office; the Bureau of Alcohol, Tobacco, Firearms and Explosives; and the North Carolina Department of Motor Vehicles License & Theft Bureau.  The Clayton Police Department and other local agencies have also aided over the course of the investigation. Assistant U.S. Attorneys David G. Beraka and Ashley H. Foxx prosecuted the case.

    Related court documents and information can be found on the website of the U.S. District Court for the Eastern District of North Carolina or on PACER by searching for Case No. 5-24-CR-00156.

    MIL Security OSI –

  • MIL-OSI USA: Durbin Files Amendments To Republicans’ Reconciliation Bill To Protect Rural Hospitals And Medical Research

    US Senate News:

    Source: United States Senator for Illinois Dick Durbin

    June 30, 2025

    WASHINGTON – Ahead of an upcoming vote-a-rama, where Senate Democrats will expose the truth about Republicans’ harmful scheme to cut health care and food assistance to provide billionaires with tax breaks, U.S. Senate Democratic Whip Dick Durbin (D-IL) filed two motions to commit the bill back to the Senate Finance Committee and make revisions to protect against cuts to rural hospitals and medical research. Under the Senate Republican bill, $930 billion will be cut from Medicaid—in addition to more than $300 billion from the Affordable Care Act—resulting in rural and children’s hospital closures, shuttering of nursing homes, and 16 million Americans losing their health coverage.

    “Today, Senate Republicans will attempt to pass a reconciliation bill that will rip away health care from 16 million Americans to give tax breaks to billionaires,” said Durbin. “Under this bill, our rural hospitals will close, forcing people to drive hours to the next nearest hospital for critical care. If you are a patient with ALS, Alzheimer’s, or cancer, the hope you have for a cure will be ripped away because of Republicans’ ‘Big Beautiful Bill.’”

    “I hope Senate Republicans will take up my call to change the bill, but unfortunately their loyalty is to Donald Trump and his billionaire buddies—not Americans seeking critical health care,”Durbin concluded.

    Durbin’s motions to recommit to Committee include:

    • Eliminate provisions that cut Medicaid payments rural hospitals in Maine, Alaska, Missouri, Kansas, North Carolina, Louisiana, or West Virginia need to stay open; and would ensure big corporations and the ultra-wealthy pay a fair share in taxes.
    • Eliminate provisions that would reduce funding that supports biomedical research into cancer, amyotrophic lateral sclerosis (ALS), Alzheimer’s disease, congenital heart defects, and other critical conditions.

    -30-

    MIL OSI USA News –

  • From patrol vessels to air defence systems, Brazil keen on acquiring India’s indigenous innovations

    Source: Government of India

    Source: Government of India (4)

    As India continues to march ahead in pursuit of defence indigenisation and self-reliance, Brazil has shown keen interest in acquiring indigenous defence innovations, discussions on which are likely to be held during Prime Minister’s Narendra Modi’s visit to the Latin American nation starting July 6, the Ministry of External Affairs (MEA) said on Monday.

    “Yes, there are going to be discussions on defence cooperation and enhancing it with Brazil. We are looking at avenues for joint research, technology sharing, and training exchanges. We are still in talks about what kind of cooperation is possible and what kind of defence platforms we can sell to Brazil, but there has not been much progress yet. Broadly, we have identified a few areas that seem to be of interest to the Brazilian side,” MEA Secretary East P. Kumaran told reporters during a media briefing ahead of PM’s visit.

    PM Modi will be on a five-nation visit starting July 2. He will be arriving in Rio de Janeiro for the 17th BRICS Leaders’ Summit in the fourth leg of his visit after Ghana (July 2-3), Trinidad and Tobago (July 3-4) and Argentina (July 4-5).

    After attending the BRICS Summit at the invitation of Brazillian President Luiz Inacio Lula da Silva, PM Modi will travel to Brasilia for the State Visit and will hold bilateral discussions on the broadening of the strategic partnership between the two countries in areas of mutual interest, including trade, defence, energy, space, technology, agriculture, health and people-to-people linkages.

    “They (Brazil) are interested in secured communication systems on the battlefield, they are also interested in Offshore Patrol Vessels (OPVs). Brazil has Scorpene submarines, they are interested in partnering with us in maintaining those submarines. They also seem to be interested in the Akash Air Defence Systems and Coastal Surveillance System, Garuda Artillery Guns. They are also interested in defence industry joint ventures with us, joint R&D and co-development of systems. We also use the Embraer platform to develop reconnaissance systems on top of that.. So, there is a lot of potential for us to work with Brazil given their strength in aircraft industry in general,” Secretary Kumaran said on Monday.

    India and Brazil have been involved in joint collaboration to develop Airborne Warning and Control System (AWACS) aircraft besides Embraer, a Brazilian aerospace company, and Mahindra signing an MoU to collaborate on the C-390 Millennium multi-mission transport aircraft.

    Like several other nations, including from Latin America, Brazil too has been showing a keen interest in acquiring Indian defence equipment as the government led by Prime Minister Modi has transformed the country’s defence capabilities over the past 11 years.

    India’s defence exports crossed the record figure of about Rs 24,000 crore in Financial Year 2024-25 with the government aiming at increasing the figure to Rs 50,000 crore by 2029.

    With PM Modi and President Lula having met four times since 2023, strategic partners India and Brazil have consolidated bilateral ties through several institutional mechanisms including Joint Commission Meeting, Strategic Dialogue, Foreign Office Consultations, Trade Monitoring Mechanism and other joint working groups.

    PM Modi visited Brazil in November 2024 for the G20 Summit and the forthcoming trip to the country would be the fourth visit of Prime Minister since 2014.

    President Lula had also extended support against terrorism during a telephonic call with Prime Minister Modi on last month, following the heinous April 22 Pahalgam terror attack.

    (IANS)

  • MIL-OSI Economics: The Central Bank of Iceland expands its liquidity window

    Source: Central Bank of Iceland

    In January 2022, the Central Bank of Iceland opened a liquidity window for deposit taking institutions in case they experienced an unexpected, temporary need for short-term liquidity. In reviewing its policy instruments, the Bank has now decided to expand this liquidity facility, enabling these institutions to use it to cover temporary fluctuations in their liquidity ratios.

    MIL OSI Economics –

  • MIL-OSI United Kingdom: Delivery firms to bolster rider security checks to stop illegal working

    Source: United Kingdom – Executive Government & Departments

    News story

    Delivery firms to bolster rider security checks to stop illegal working

    Deliveroo, Uber Eats, and Just Eat commit to further strengthening security checks on delivery riders to prevent illegal working in the gig economy.

    Deliveroo, Uber Eats, and Just Eat will strengthen verification checks on delivery riders to clamp down on illegal working, following productive talks with the government.   
     
    The commitment comes after ministers convened the 3 firms for a roundtable at the Home Office today (30 June) to discuss what further urgent action can be taken to prevent immigration offending on their platforms.  
     
    Over the last year, Deliveroo, Uber Eats, and Just Eat have introduced voluntary ‘right to work’ checks on all account holders and registered substitutes. These measures have helped stop illegal workers abusing the platform, with action taken on thousands of accounts. 
     
    However, Border Security Minister Dame Angela Eagle and Employment Rights Minister Justin Madders raised concerns that, despite these welcome steps, there continues to be abuse in the sector where illicit account sharing leads to illegal working.  
     
    Ministers set out the government’s zero tolerance approach to immigration crime and stressed the importance of tightening checks to crack down on those who flout employment rules.  
     
    As result of productive discussions, the firms agreed to increase the use of facial verification checks and fraud detection technology to ensure only registered account holders can work off their platforms. This will help stop people with no right to work in the UK from using someone’s name to earn money illegally. 
     
    The strengthened industry standard – to be rolled out in the next 90 days – will see Deliveroo and Uber Eats increase the quantity and sophistication of verification checks they already do, with Just Eat upping the same checks from monthly to daily.   
     
    Minister for Border Security and Asylum, Dame Angela Eagle, said:  

    This government will not turn a blind eye to illegal working. It undercuts honest business, hits people’s wages and plays into the hands of the people smuggling gangs. 

    I welcome Deliveroo, Just Eat and Uber Eats’ pledge to increase facial verification checks following today’s roundtable. We will keep a close eye on their progress and continue discussions. 

    Under our Plan for Change, we are taking a zero tolerance approach to illegal working across the board. Arrests nationwide have increased by 51% and we are strengthening legislation via our Borders Bill to end the abuse of flexible working arrangements.

    Employment Rights Minister Justin Madders said:

    Illegal working opens the door to mistreatment and exploitation, undercutting legal workers in the process by driving down wages and working conditions.  

    We’re already delivering the biggest upgrade to people’s rights at work in a generation as part of our Plan for Change, and we will continue to engage with these companies to ensure these rights are enforced, building a fairer labour market.

    A Deliveroo spokesperson said:

    We take a zero tolerance approach to anyone abusing our platform, and today’s meeting with industry partners and the Home Office represents progress in our collective efforts to combat illegal working. 

    The industry leading measures Deliveroo put in place over the last year have had a positive impact, but criminals continue to seek new ways to abuse the system. Today, we have committed to further strengthening our approach, increasing daily facial recognition checks, and we welcome the industry’s commitment to do the same.

    An Uber Eats spokesperson said:

    We are committed to tackling illegal working and welcome continued collaboration with industry and the Home Office, which is essential in raising standards and ensuring consistency.

    We will continue to invest in industry-leading tools to detect illegal work and remove fraudulent accounts.

    A Just Eat spokesperson said:

    Just Eat fully supports the government’s efforts to tackle illegal working, and we are continuing to invest significant resources to protect the integrity of our network.  

    Today, alongside the government and wider industry, we’re committing to further action to strengthen our systems and safeguards in response to these complex and evolving challenges.  
    Today’s announcement comes just months after the government announced it will change the law to expand illegal working checks.  
     
    Under the Border Security, Asylum and Immigration Bill, companies hiring gig economy and zero-hours workers in sectors like construction, food delivery and beauty salons will be legally required to carry out checks to confirm that anyone working in their name is eligible to work in the UK. The move will bring them in line with other employers to level the playing field for the majority of companies that do the right thing.   
     
    Ramping up illegal working enforcement activity forms a key part of the Home Office’s drive to restore order to the immigration system under the UK Government’s Plan for Change. 
     
    In many cases, individuals travelling to the UK illegally are sold a lie by smuggling gangs that they will be able to live and work freely in the UK, when in reality they often end up facing squalid living conditions, minimal pay and inhumane working hours, with the threat of arrest and removal if they are caught working illegally.    
     
    Since the election, a major surge in immigration enforcement activity across the UK has led to a 51% increase in the number of illegal working arrests. Since 5 July last year to 31 May, 9,000 visits have resulted in 6,410 arrests, marking a 48% and 51% rise respectively compared to the year before under the previous government (5 July 2023 to 31 May 2024).  
    The intensified activity also comes alongside the return of nearly 30,000 people with no right to be in the UK.

    Updates to this page

    Published 30 June 2025

    MIL OSI United Kingdom –

  • MIL-OSI Russia: China extends anti-dumping duties on stainless steel imports from EU, UK, South Korea and Indonesia — China’s Ministry of Commerce

    Translation. Region: Russian Federal

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

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

    BEIJING, June 30 (Xinhua) — China’s Ministry of Commerce announced Monday that it will extend anti-dumping duties on stainless steel billets and hot-rolled sheets and coils imported from the European Union, Britain, the Republic of Korea (ROK) and Indonesia for another five years from July 1.

    This decision was made following an investigation initiated in July 2024 at the request of the Chinese industry in connection with the expiration of anti-dumping measures in relation to the above-mentioned products.

    As noted by the Ministry of Commerce, if the anti-dumping measures are terminated, dumping of stainless steel billets and hot-rolled sheets and coils imported from the EU, UK, ROK and Indonesia may continue or resume, potentially causing further or new damage to China’s industry.

    Under the expanded measures, anti-dumping duties on imported stainless steel were set in the range of 23.1% to 103.1% for Kazakhstan, 43% for the EU and the UK, and 20.2% for Indonesia.

    Stainless steel billets and hot rolled sheets and coils are widely used in shipbuilding, container manufacturing, railway construction, electric power, petroleum and petrochemical industries. –0–

    MIL OSI Russia News –

  • MIL-OSI USA: Governor Kehoe Announces Twelve Appointments to Various Boards and Commissions

    Source: US State of Missouri

    JUNE 27, 2025

    Jefferson City — Today, Governor Mike Kehoe announced twelve appointments to various boards and commissions.

    Casey Burton, Ph.D., of St. James, was appointed to the State Board of Health and Senior Services.

    Mr. Burton is the executive director of research and governmental affairs at Phelps Health in Rolla, Missouri. He also serves as an adjunct assistant professor of chemistry at the Missouri University of Science and Technology (Missouri S&T) where he develops and leads sponsored research involving noninvasive disease detection and characterization. Burton also serves on the boards of the Ozark Biomedical Initiative, Missouri Ozarks Community Action, Inc., Phelps County Community Resource Center, and more. Burton earned his doctorate in analytical chemistry and bachelor’s in chemistry from Missouri S&T.

    James Carter Jr., of St. Charles, was appointed to the Missouri Commission for the Deaf and Hard of Hearing.

    Mr. Carter currently serves as an Advanced American Sign Language (ASL) Interpreter and is certified and licensed by the Board of Evaluation of Interpreters in both Illinois and Missouri. In addition to his professional responsibilities, Carter is a member of the World Association of Sign Language Interpreters (WASL), World Federation of the Deaf (WFD), and Deaf in Government (DIG). He holds a Bachelor of Arts in Biblical Studies from Lincoln Christian University.

    Earl Crawford, of Excelsior Springs, was reappointed to the Governor’s Council on Disability.

    Mr. Crawford currently serves as executive director at Missouri Inclusive Housing Development Corporation. He has previous experience as a special education teacher, superintendent of a rehabilitation center, and an education consultant, among other positions. In addition to his professional experience, Crawford has served on the Marshall Parks and Recreation Board, Marshall School Board, Marshall Chamber of Commerce, Missouri Valley College Board of Trustees, and Midland Empire Resources of Independent Living (MERIL), as well as vice president of the Marshall Chamber of Commerce. He holds a Master of Special Education from the University of Central Missouri.

    Betty Davidson, Ph.D., of St. Louis, was reappointed to the Governor’s Council on Disability.

    Ms. Davidson is a retired educational professional and expert in disability studies and inclusive practices. She previously served as the director of visually or orthopedically impaired students at the Special School District of St. Louis County. She also  serves as the chair of the Association for Education and Rehabilitation of the Blind and Visually Impaired (AER), the president of Inclusivity Media, the vice president of the St. Clare Hospital Auxiliary for SSM Health, and more. Dr. Davidson earned a doctorate in higher education from Saint Louis University, a master’s in special education from the University of Missouri–St. Louis, and her bachelor’s degree from Harris-Stowe State College. 

    Aaron Durso, of Taneyville, was appointed to the Governor’s Council on Disability.

    Mr. Durso currently serves as Bull Creek Village Clerk. He has previous experience as burough manager and the municipal authority manager in Birdsboro, Pennsylvania, and Senior Pastor at LOVE Christian Fellowship. A disabled veteran of the United States Air Force, Durso was honorably discharged in 1993. He holds a Doctor of Ministry from Newburg Theological Seminary, Master of Ministry at Chesapeake Theological Seminary, and Bachelor of Religious Education at the University of Valley Forge.

    Ronald Hack, of Sunset Hills, was reappointed to the Governor’s Council on Disability.

    Mr. Hack is a retired lawyer, formerly serving as a partner at Evans & Dixon, LLC and Gallop Johnson & Neuman, L.C. He has been an active community volunteer for more than 30 years, currently serving on the boards of the Sunset Hills Conservation Foundation and the Southwest Area Chamber of Commerce. Hack earned his Juris Doctor from the University of Missouri School of Law and his Bachelor of Arts from Westminster College.

    Katie Jones, of St. Peters, was reappointed to the Governor’s Council on Disability.

    Ms. Jones is the chief program officer for Boone Center Inc. (BCI). She previously worked as supervisor for Cardinal Ritter Senior Services and a case manager for the Child Abuse and Neglect Unit for the Division of Family Services. In addition to her professional career, Jones is also a member of the Missouri Association of County Developmental Disabilities Services, Missouri Association of Sheltered Workshop Managers, and the Legislative Committee of St. Charles Coalition. Jones earned her Bachelor of Science in Social Work and Sociology from Lindenwood University.

    Jennifer Meyer, of O’Fallon, was appointed to the Governor’s Council on Disability.

    Ms. Meyer currently serves as principal at J. Meyer Strategies. She has previous experience as director of field operations for Congressman Blaine Luetkemeyer and district field director for Senator Roy Blunt. In addition to her professional experience, Ms. Meyer serves as an executive board member for both the Freedom 13 and the North County Police Business Association. She holds a bachelor’s degree in political science from the University of Missouri – St. Louis.

    Susan Orton, of St. Louis, was reappointed to the Governor’s Council on Disability.

    Ms. Orton currently serves as a realtor and sales associate with Coldwell Banker Realty – Gundaker. In addition to her professional responsibilities, she is a member of the St. Louis Realtors Association, Member Inclusion Advisory Committee, and Brain Injury Association of Missouri. Orton is a graduate of Towson High School.

    Paul Ogier, of Chesterfield, was appointed to the Health and Educational Facilities Authority of the State of Missouri.

    Mr. Ogier is a retired certified public accountant (CPA), providing limited consulting services to not-for-profits in the senior housing industry. He also serves as the chief financial officer for the Carmelite Sisters of the Divine Heart of Jesus in a part-time capacity. Ogier is an active member of his community, previously serving on the board of the Leading Age Missouri, Missouri Health Care Association, and the Treasurer of the Nursing Facilities Agent Corporation. Ogier earned his bachelor’s degree from the Missouri State University.

    Jill Wedemeier, of Leopold, was reappointed to the Child Abuse and Neglect Review Board.

    Ms. Wedemeier is a judicial assistant and law clerk for the United States District Court for the Eastern District of Missouri. She previously served as the Cape Girardeau assistant prosecuting attorney. She is an active member of the Southeast Missouri Network Against Sexual Violence board, and the Leopold R-III School District Foundation. Wedemeier earned her Juris Doctor from the University of Tennessee College of Law and a Bachelor of Science in Mass Communication from Southeast Missouri State University.

    Claire West, of Jefferson City, was reappointed to the Missouri Local Government Employees Retirement System (LAGERS) Board of Trustees.

    Prior to her retirement, Ms. West owned and operated Claire West Consulting LLC, a retirement consulting firm. She has previous experience as executive director of the Joint Committee on Public Employee Retirement. Additionally, West served on the board of the Missouri Association of Public Employee Retirement Plans from 2000 to 2007. She holds an associate’s degree in business from Columbia College.

    ###

    MIL OSI USA News –

  • MIL-OSI Russia: HSE and JSC Nanotronika launch strategic partnership in electronic engineering

    Translation. Region: Russian Federal

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

    Photo: JSC “MNTs MIET”

    At the industry conference “Electronic Engineering – 2025” held in early June MIEM HSE University and JSC Nanotronika (part of the Element Group of Companies) signed a strategic partnership agreement. The conference was held on the campus of SberUniversity and brought together more than 600 participants from 200 organizations, including leading enterprises, research centers, and universities. The event was supported by the Ministry of Industry and Trade of the Russian Federation and the Ministry of Industry of the Republic of Belarus.

    The conference was actively attended by HSE Vice-Rector and MIEM Director Dmitry Kovalenko, Institute Advisor and Lecturer in the Department of Electronic Engineering Vladimir Vetrov, HSE Full Professor and Corresponding Member of the Russian Academy of Sciences Konstantin Petrosyants and MIEM Head of the Department of Electronic Engineering Boris Lvov.

    Dmitry Kovalenko and Konstantin Petrosyants spoke at the conference. The report by the MIEM Director touched upon the problems of training and developing the industry’s human resources potential in the context of the country’s course to strengthen technological sovereignty. Dmitry Kovalenko presented a detailed picture of the institute’s educational technologies aimed at solving modern problems in the field of electronic engineering, placing special emphasis on the mechanisms of interaction with technological partners from the industry implemented by the institute: large companies, leading research and financial organizations. The report was presented as part of the round table “Human Resources for Electronic Engineering”. Corresponding Member of the Russian Academy of Sciences Konstantin Petrosyants presented a report on the testing and implementation of a subsystem for determining the parameters of SPICE models of electronic components for industrial circuit CAD systems.

    The main event of the conference for MIEM was the conclusion of an agreement with JSC Nanotronika, one of the young and most promising companies in the field of microelectronics and equipment, part of the Element Group. The agreement opens up new horizons for cooperation. The document provides for comprehensive interaction affecting educational, scientific and design areas of activity.

    Among the priorities of the joint work is the organization of educational events with the participation of specialists and managers of the company “Nanotronika”. Representatives of the company will regularly give lectures to students, conduct practical classes and master classes, providing students with knowledge and skills relevant to the labor market.

    An important element of the partnership will be project and research activities. The Nanotronika company will form a pool of projects, participation in which will allow MIEM students to gain real experience in solving modern engineering and technological problems. It is also envisaged to conduct joint scientific research and experimental design work (R&D), organize conferences, seminars and round tables with the participation of both parties.

    The agreement pays special attention to the organization of industrial and pre-graduation practice. Students will be able to get acquainted with the high-tech production of the Nanotronika company, which will allow them to improve their professional competence and successfully adapt to industry enterprises after completing their studies. The company, for its part, will regularly inform MIEM about vacancies and employment opportunities for graduates who have proven themselves during practice and training.

    In addition, the parties agreed to jointly prepare and publish scientific articles, reports and teaching aids reflecting the results of joint projects. One of the most important steps in implementing the agreement will be the creation of a joint workshop in the field of electronic engineering. This workshop will be equipped with modern tools and technologies and will become a practical platform where students and specialists of the company will be able to jointly develop and test innovative technologies.

    “The development of electronic engineering today is of strategic importance for ensuring the technological sovereignty of the country,” says Dmitry Kovalenko. “In the context of global restrictions and growing demands on domestic microelectronics, the need to create our own infrastructure is growing – from design to production. The issue of personnel is especially acute: the industry requires highly qualified engineers capable of developing, implementing and servicing the most complex technological systems. This is why partnerships between leading universities and industrial companies are becoming not just desirable, but vital for the formation of a sustainable innovation ecosystem.”

    “JSC Nanotronika specializes in the development and production of special technological equipment for microelectronics,” says Yulia Sukhoroslova, CEO of JSC Nanotronika. “It is impossible to provide Russian electronic components manufacturers with domestic high-tech installations without qualified personnel. Therefore, it is especially important for us to develop cooperation with universities and form teams of specialists with the necessary competencies. One of the most effective ways to train personnel is to involve students in solving real scientific and industrial problems. Our company, as an industrial partner, provides future specialists with the opportunity to participate in advanced projects and gain unique experience in developing the most modern equipment.”

    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 Russia: Financial news: Clarifications on issues of credit institutions related to blocked assets

    Translation. Region: Russian Federal

    Source: Central Bank of Russia (2) –

    Updated: 30.06.2025.

    Bank of Russia Instruction No. 6379-U of 23.03.2023 “On the procedure for reflecting certain assets and liabilities in foreign currency in accounting accounts by credit institutions under restrictive measures” (hereinafter referred to as Instruction No. 6379-U) establishes the specifics of reflecting non-refundable blocked assets denominated in foreign currency in accounting accounts: these assets are recorded in rubles without reflecting currency revaluation. At the same time, Instruction No. 6379-U does not provide for any other exceptions from the general methodological principles of reflecting financial assets in accounting.

    Due to the requirements of the Bank of Russia’s accounting regulations, when applying them, credit institutions are guided by International Financial Reporting Standards (hereinafter referred to as IFRS). Thus, the estimated reserve for expected credit losses on financial assets is reflected by credit institutions in accounting in accordance with paragraph 5.5.1 of IFRS 9 “Financial Instruments” (hereinafter referred to as IFRS 9), and the method for assessing expected credit losses is determined in accordance with paragraph 5.5.17 of IFRS 9.

    It is important to note that the principles of IFRS 9 do not provide for any specifics regarding assets that are non-current assets for Russian credit institutions, including the fact that the definition of a credit-impaired financial asset does not contain any circumstances due to which a blocked asset is recognized as non-current assets.

    In their economic essence, NZA are losses of the CI, which, due to the relaxation introduced by the Bank of Russia, are recognized for the purposes of prudential regulation not at one time, but over a long period of time, until 2032, under the preferential reserve formation scheme for possible losses. At the same time, the preferential reserve scheme is not provided for by the principles of IFRS 9, that is, estimated reserves for expected credit losses are formed, including for accrued but not received interest income on NZA, in the amount of 100%.

    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 Russia: Financial news: Answers to typical requests from credit institutions on banking regulation and supervision

    Translation. Region: Russian Federal

    Source: Central Bank of Russia (2) –

    Question

    from 15.10.2024

    The Bank requests that the data sources used to reflect information about the address of residence (registration) of an individual be unified:

    1. When filling out the register of obligations in accordance with Bank of Russia Instruction No. 4990-U.

    2. When forming the credit history of an individual subject in accordance with Bank of Russia Regulation No. 758-P1.

    3. When identifying an individual client and generating formalized electronic messages in accordance with Bank of Russia Instruction No. 5861-U2.

    1 Bank of Russia Regulation dated 11.05.2021 No. 758-P “On the procedure for forming a credit history” (hereinafter referred to as Bank of Russia Regulation No. 758-P).

    2 Bank of Russia Instruction dated 15.07.2021 No. 5861-U “On the procedure for submitting data and information by credit institutions to the authorized body in accordance with Articles 7 and 7.5 of the Federal Law “On Combating the Legalization (Laundering) of Criminally Obtained Incomes and the Financing of Terrorism” (hereinafter referred to as Bank of Russia Instruction No. 5861-U).

    Answer

    dated 11/15/2024 No. 4990-U-2024/8

    Regarding question 1.

    The source of data for reflecting information about the address of residence (registration) of the depositor1 are entries in the passport of a citizen of the Russian Federation or, for persons under the age of fourteen, in the certificate of registration at the place of residence2.

    If the identity document (hereinafter referred to as the I.D.) of an individual depositor does not contain certain address-forming elements (for example, the name of the region, city) of the depositor’s place of residence (registration), this information may be supplemented by the bank based on information from the registration authority that registered such depositor at the place of residence (stay), or based on additional information provided by the depositor when concluding the agreement or during the depositor’s next visit to the bank.

    In the event of a discrepancy between the data on the depositor’s residential address (registration), filled in on the basis of the DUL, and the information reflected in the GAR FIAS3, the bank may, when sending the register of obligations to the Bank of Russia, provide additional explanations (comments) on the sources of relevant information it used.

    At the same time, we note that in order to unify approaches to recording the address of an individual used to fill out the register of obligations and to identify the client4, it is planned to make editorial clarifications to Bank of Russia Instruction No. 4990-U, providing for the possibility of reflecting information about the address of the place of residence of an individual depositor when filling out lines of the register of obligations related to the address of residence (registration) and the address for postal notifications5.

    Regarding question 2.

    In accordance with Part 1 of Article 5 of Federal Law No. 218-FZ6, sources of credit history formation submit to the credit history bureau all available information specified in Article 4 of Federal Law No. 218-FZ, in the manner established by Bank of Russia Regulation No. 758-P.

    The specified procedure establishes unified requirements for the formation of credit information indicators, including technical ones, which allows for the automation of information interaction between financial market participants and the bureau, reduces the costs of interaction participants, minimizes the risks of incorrect formation of credit information and, as a result, increases its accuracy and quality, in connection with which, in particular, information about the registration address (residence) of the subject of the credit history is formed in the form of a unique address number of the addressing object in the State Register of Financial Accounting Information (according to the indicator “Address number in the State Register”, the code of the settlement, street code, house (property) code, building code and apartment number code are indicated)7.

    The unification of requirements for the formation of credit information indicators is also of particular importance to ensure the ability of financial market participants – users of credit histories – to automate the process of processing credit information for its use for analytical purposes.

    At the same time, we note that, along with the formation of the credit information indicator “Address Number in the State Register” (the unique address number of the addressing object in the State Register of Financial Accounting Systems), Bank of Russia Regulation No. 758-P provides for the formation by the source of other credit information indicators containing information about the subject’s address, which can be formed both on the basis of information from the subject’s DUL and on the basis of information about the address contained in the State Register of Financial Accounting Systems (in addition to the unique address number of the addressing object in the State Register of Financial Accounting Systems).

    In this regard, the addition of credit information indicators, provided for by Bank of Russia Regulation No. 758-P, with indicators that provide for filling in address information from the DUL has already been implemented in Bank of Russia Regulation No. 758-P.

    Regarding question 3.

    In accordance with paragraph two of subparagraph 1 of paragraph 1 of Article 7 of Federal Law No. 115-FZ8, when identifying individuals, credit institutions are obliged to establish data, including the address of residence (registration) or place of stay.

    According to paragraph fourteen of Article 3 of Federal Law No. 115-FZ, confirmation of the accuracy of information obtained during the identification process is carried out using original documents and (or) duly certified copies and (or) state and other information systems.

    Taking into account the provisions of Part One of Article 2 of Federal Law No. 115-FZ, the norm of the second paragraph of subparagraph 1 of paragraph 1 of Article 7 of Federal Law No. 115-FZ is of a universal nature and applies to all subjects subject to identification – individuals, both citizens of the Russian Federation and foreign citizens, and stateless persons.

    The above-mentioned provision in terms of establishing the address of an individual provides for the possibility, in order for credit institutions to comply with the requirement of Federal Law No. 115-FZ on the identification of individuals, to establish information either on the address of their place of residence (registration) or place of stay. In this case, the concepts of “registration of a citizen of the Russian Federation at the place of stay”, “registration of a citizen of the Russian Federation at the place of residence”, “place of stay”, “place of residence” are defined by Article 2 of the Law of the Russian Federation of 25.06.1993 No. 5242-1 “On the Right of Citizens of the Russian Federation to Freedom of Movement, Choice of Place of Stay and Residence within the Russian Federation” and can be used by credit institutions to comply with the requirements of paragraph two of subparagraph 1 of paragraph 1 of Article 7 of Federal Law No. 115-FZ.

    The provision of the second paragraph of subparagraph 1 of paragraph 1 of Article 7 of Federal Law No. 115-FZ in terms of establishing by credit institutions, when identifying an individual client, information about the address of his/her place of residence (registration) or place of stay, does not in itself contain a requirement for the registration of such a client in the territory of the Russian Federation (a specific subject of the Russian Federation) or outside it, and does not define the sources of information on the basis of which this information should be established. In this regard, credit institutions, in order to implement the specified requirement, independently determine the relevant sources of information in the internal control rules.

    Bank of Russia Instruction No. 5861-U defines the procedure for sending by credit institutions the information provided for by Federal Law No. 115-FZ to the authorized body, and not the identification requirements. When sending the relevant information to the authorized body, containing information, including the address of an individual, such information is reflected in accordance with the data from the client’s questionnaire (dossier), obtained during his identification (updating identification information).

    1 Line 6 “Address of place of residence (registration)” of Table 3.1 of Section I of the Appendix to Bank of Russia Instruction No. 4990-U.

    2 In accordance with paragraph 18 of the RF Government Resolution of 17.07.1995 No. 713 “On approval of the Rules for registration and deregistration of citizens of the Russian Federation at the place of stay and place of residence within the Russian Federation and the list of persons responsible for receiving and transferring to the registration authorities documents for registration and deregistration of citizens of the Russian Federation at the place of stay and place of residence within the Russian Federation.”

    3 State Address Register of the Federal Information Address System (hereinafter referred to as the State Address Register of the Federal Information Address System). As a general rule, address elements in the Russian Federation must comply with the State Address Register of the Federal Information Address System, which is related to ensuring compliance with the requirement of Article 12 of the Federal Law of 23.12.2003 No. 177-FZ “On Insurance of Deposits in Banks of the Russian Federation”, which provides for sending messages to depositors of a bank in respect of which an insured event has occurred.

    4 As part of the client identification procedure carried out for the purpose of combating the legalization (laundering) of proceeds from crime and the financing of terrorism, it is possible to obtain data on the client’s location (subparagraph 1.7 of paragraph 1 of Appendix 1 to Bank of Russia Regulation No. 499-P of 15.10.2015 “On the identification by credit institutions of clients, client representatives, beneficiaries and beneficial owners for the purpose of combating the legalization (laundering) of proceeds from crime and the financing of terrorism”).

    5 Changes are planned to be made to the names of the corresponding lines of the register of obligations: “Address of place of residence (registration) or place of stay”, as well as to the explanations for filling in information about the address for postal notifications.

    6 Federal Law of 30.12.2004 No. 218-FZ “On Credit Histories”.

    7 Clause 4.3 of Chapter 4 of Section 1 of Appendix 3 to Bank of Russia Regulation No. 758-P.

    8 Federal Law of 07.08.2001 No. 115-FZ “On Combating the Legalization (Laundering) of Criminally Obtained Incomes and the Financing of Terrorism.”

    Seal

    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 Russia: Financial news: Bank of Russia survey program for the second half of 2025

    Translation. Region: Russian Federal

    Source: Central Bank of Russia (2) –

    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.

    Categories24-7, Central Bank of Russia, Mil-SOSI, Russian Banks, Russian Economy, Russian Finance, Russian Language, Russian economy, Russian banks

    Post Navigation

    Archives

    Archives

    Privacy Policy Proudly Powered by WordPress

    Item No. start date End date Name of the survey Description of the survey Survey instruments1 The structural division of the Bank of Russia responsible for conducting the survey, contact information for survey questions
    1 2 3 4 5 6 7
    1 July July Research into IT service providers. The survey is conducted to study the quality of financial institutions’ management of the risk of outsourcing information technology and cloud services as of 01.07.2025. Data submission deadline: no later than 21.07.2025

    Survey form
    Survey participants

    The information is presented in MS Excel file format using the functionality of personal accounts.

    		 Information Security Department: Igor Vyacheslavovich Ozhered – Head of Department, tel.: 8 (495) 771-99-99, (ext. 2-65-69), e-mail: Celebration@kbr.ru; Mikhailovskaya Anastasia Sergeevna – consultant, tel.: 8 (495) 771-99-99, (ext. 2-64-37), e-mail: Mas@kbr.ru
    2 July July Survey of financial market participants as part of the assessment of the “digital maturity” of the “Financial Services” industry. The survey is conducted to assess the “digital maturity” of the “Financial Services” industry of financial market participants for the first half of 2025. Data submission deadline: 28.07.2025

    Survey form
    Survey participants

    The information is presented in MS Excel file format using the functionality of personal accounts.

    		 Department of financial technologies: credit organizations: Chazhengin Daniil Aleksandrovich – leading expert, tel.: (495) 771-99-99, (ext. 7-67-57), e-mail: Chazhenginda@kbr.ru; Viktorov Evgeniy Vyacheslavovich – expert of the 1st category, tel: (495) 771-99-99, (ext. 7-66-01), e-mail: Viktorovev@kbr.ru; Insurance Market Department: insurance organizations: Shagramanov Sergey Mikhailovich – head of department, tel.: (495) 771-99-99, (ext. 7-43-97), e-mail: Shagramanovsm@kbr.ru; Department of Investment Financial Intermediaries: non-state pension funds, management companies and professional participants in the securities market: Kravchenko Ishira Akhmedovna – chief expert, tel.: (495) 771-99-99, (ext. 1-69-89), e-mail: Kravchenko@kbr.ru; Tsrnobrnya Olga Vyacheslavovna – chief expert, tel.: (495) 771-99-99, (ext. 1-69-84), e-mail: Tsrnobrnyov@kbr.ru
    3 July July A survey of the level of implementation and use of artificial intelligence (AI) technologies in the financial market. The survey is conducted to assess the level of implementation and use of artificial intelligence (AI) technologies in the financial market. Data submission deadline: 15.07.2025

    Survey form
    Survey participants

    The information is presented in MS Excel file format using the functionality of personal accounts.

    		 Department of Strategic Development of the Financial Market: Sadovskaya Tatyana Evgenievna – consultant, tel. 8 (495) 771-99-99, (ext. 7-38-08), e-mail: Sadovskayate@kbr.ru; Department of Financial Technologies: Dmitry Vladislavovich Fedorov – Head of Department, tel. 8 (495) 771-99-99, (ext. 7-31-73), e-mail: Fedorovdv@kbr.ru
    4 July July A survey of trends in the segment of loans issued by microfinance organizations to small and medium-sized businesses. The survey is conducted with the aim of studying the development of the small and medium-sized business loan segment. Data provision period: 14 working days from the date the questionnaire is sent to the organization.

    Survey form
    Survey participants

    The information is presented in MS Excel file format using the functionality of personal accounts.

    		 Department of Non-bank Lending: Elizaveta Yuryevna Shtykova – leading expert, tel. 8 (495) 771-99-99, (ext. 2-16-36), e-mail: Shtykovayu@kbr.ru
    5 July August Survey of development trends in the pawnshop market The survey is conducted with the aim of studying the development of the pawnshop market in the first half of 2025. Data provision period: 14 working days from the date the questionnaire is sent to the organization.

    Survey form
    Survey participants

    The information is presented in MS Excel file format using the functionality of personal accounts.

    		 Department of Non-bank Lending: Elizaveta Yuryevna Shtykova – leading expert, tel. 8 (495) 771-99-99, (ext. 2-16-36), e-mail: Shtykovayu@kbr.ru
    6 July August Housing market survey. The survey is conducted in order to obtain a more accurate assessment of the difference in prices between the primary and secondary housing markets, taking into account the region of location and the year the house was built for the period from 01.01.2021 to 30.06.2025. Data submission deadline: 01.08.2025

    Survey form
    Survey participants

    The information is presented in CSV file format using the functionality of personal accounts.

    		 Department of Financial Stability: Margarita Olegovna Selezneva – Chief Economist, tel.: 8 (495) 771-99-99, (ext. 1-55-98), e-mail: Seleznevamo@kbr.ru
    7 July October A survey of microfinance organizations on the volume of consumer loans (credits) secured by a pledge of a motor vehicle and loans granted to individuals for purposes not related to their entrepreneurial activities, the borrowers’ obligations for which are secured by a mortgage. The survey is conducted with the aim of collecting information from microfinance organizations on the volume of consumer loans (credits) secured by a pledge of a motor vehicle and loans granted to individuals for purposes not related to their entrepreneurial activities, the borrowers’ obligations for which are secured by a mortgage, for the third quarter of 2025. Data submission deadline: no later than 14.10.2025

    Survey form
    Survey participants

    The information is presented in MS Excel file format using the functionality of personal accounts.

    		 Department of Financial Stability: Irina Sergeevna Petukhova – leading economist, tel.: 8 (495) 771-99-99, (ext. 1-74-06), e-mail: Petukhova@kbr.ru; Khodjaeva Anastasia Petrovna – consultant, tel.: 8 (495) 771-99-99, (ext. 1-72-80), e-mail: Khojaevaap@kbr.ru
    8 July October Survey “Customer Complaints Information”. The survey is being conducted with the aim of analyzing complaints received directly by organizations supervised by the Bank of Russia for the second and third quarters of 2025. Data submission deadline: for the second quarter of 2025 – July 2025; for the third quarter of 2025 – October 2025.

    Survey form
    Survey participants

    The information is presented in MS Excel file format using the functionality of personal accounts. A letter from the Bank of Russia containing additional information is sent to survey participants before the start of the next reporting period.

    		 Service for the Protection of Consumer Rights and Ensuring Accessibility of Financial Services: Vasily Evgenievich Zuev — head of the expert group, for technical support: e-mail: It_Appels@kbr.ru; for questions on methodological support: e-mail: method_appeals@cbr.ru
    9 July November Cost of cross-border transfers by individuals from the Russian Federation. The survey is conducted with the aim of achieving the sustainable development goals for the period up to 2030 (Sustainable Development Goals), adopted by UN Resolution No. 68/261 (indicator 10.c.1 of goal 10 “Reducing inequality within and among countries”) for the second and third quarters of 2025. Data submission deadline: for the second quarter of 2025 – no later than 15.08.2025; for the third quarter of 2025 – no later than 15.11.2025.

    Survey form
    Survey participants

    The information is presented in MS Excel file format using the functionality of personal accounts.

    		 Department of Statistics: Elena Vyacheslavovna Rozhkova – Chief Economist, tel.: (495) 771-99-99, (ext. 1-71-67), e-mail: Rozhkovaev@kbr.ru
    10 July November Survey of partner financing activities. The survey is conducted to study the activities of participants in the partnership financing experiment for the second and third quarters of 2025. Data provision period: 20 working days from the date the questionnaire is sent to the organization.

    Survey form
    Survey participants

    The information is presented in MS Excel file format using the functionality of personal accounts.

    		 Department of Non-bank Lending: Misnik Anastasia Romanovna – economic adviser, tel.: 8 (495) 771-99-99, (ext. 7-43-26), e-mail: Misnikar@kbr.ru
    11 July December Survey of the implementation by credit institutions of the requirements of the Federal Law of 30.12.2004 No. 214-FZ “On participation in shared construction of apartment buildings and other real estate objects and on amendments to certain legislative acts of the Russian Federation.” The survey is conducted for the purpose of operational monitoring of the functioning of developer accounts and escrow accounts issued to developers of loans using escrow accounts. Data provision deadline: Section 1 information collection ceased on 01.08.2024. Sections 2, 3 monthly no later than the sixth working day of the month following the reporting month.

    Survey form
    Survey participants

    The information is presented in MS Excel file format using the functionality of personal accounts.

    		 Department of banking regulation and analytics: Akimov Alexander Nikolaevich – head of department, tel.: 8 (495) 957-81-13, e-mail: Akimovan@kbr.ru; Puzin Aleksey Mikhailovich – consultant, tel.: 8 (495) 957-83-07, e-mail: Puzinami@kbr.ru; Karelina Inna Igorevna – leading economist, tel.: 8 (495) 771-99-99, (ext. 2-30-63), e-mail: Karelinai@kbr.ru
    12 July December Inspection of bank accounts of legal entities and individual entrepreneurs. The survey is conducted with the aim of analyzing current trends in the development of the deposit market, in particular, attracting funds to current accounts of legal entities and individual entrepreneurs, and the cost of attracting them. Deadline for providing data: monthly, no later than the 23rd day of the month following the month being surveyed.

    Survey form
    Survey participants

    The information is presented in MS Excel file format using the functionality of personal accounts.

    		 Department of Statistics: Krylova Darya Olegovna – Head of Department, tel.: 8 (495) 957-89-65, e-mail: Doroshdu@kbr.ru; Fomicheva Ekaterina Yurievna – chief economist, tel.: 8 (495) 315-76-81, e-mail: RIZ1@kbr.ru; Morozova Arina Olegovna – chief economist, tel.: 8 (495) 771-99-99, (ext. 1-58-77), e-mail: Morozovao@kbr.ru
    13 July December A survey of the expenses of financial institutions on software and services required for its use at significant critical information infrastructure facilities of the Russian Federation that they own. The survey is conducted with the aim of qualitatively assessing the expenses of financial institutions on software and services necessary for its use at their significant critical information infrastructure facilities of the Russian Federation for the second and third quarters of 2025. Deadline for submitting data: no later than the 20th day of the month following the reporting quarter.

    Survey form
    Survey participants

    The information is presented in MS Excel file format using the functionality of personal accounts.

    		 Information Security Department: Bondarev Alexander Vladimirovich – Leading Engineer, tel.: 8 (495) 771-99-99, (ext. 2-68-90), e-mail: Bondarevav@kbr.ru
    14 July December Examination of concluded agreements for receiving credit (borrowed) funds without the voluntary consent of the client. The survey is conducted with the aim of collecting information on concluded agreements for receiving credit (borrowed) funds without the voluntary consent of the client for the second and third quarters of 2025. Deadline for submitting data: no later than the fifteenth working day of the month following the reporting quarter.

    Survey form
    Survey participants

    The information is presented in MS Excel file format using the functionality of personal accounts.

    		 Information Security Department: Egor Romanovich Sokrut – Lead Engineer, tel.: 8 (495) 771-99-99, (ext. 2-29-05), e-mail: TRASTER@Kbr.ru
    15 July December Survey of loans granted to individuals in rubles using bank cards. The survey is conducted with the aim of analyzing interest rates on loans granted to individuals without collateral using an electronic means of payment (bank cards), taking into account the interest-free grace period. Deadline for providing data: monthly, no later than the 12th working day of the month following the month being surveyed.

    Survey form
    Survey participants

    The information is presented in MS Excel file format using the functionality of personal accounts.

    		 Department of Statistics: Krylova Darya Olegovna – Head of Department, tel.: 8 (495) 957-89-65, e-mail: Doroshdu@kbr.ru; Morozova Arina Olegovna – chief economist, tel.: 8 (495) 771-99-99, (ext. 1-58-77), e-mail: Morozovao@kbr.ru; Fomicheva Ekaterina Yurievna – chief economist, tel.: 8 (495) 315-76-81, (ext. 5-76-81), e-mail: RIZ1@kbr.ru
    16 July December Monitoring the leasing market and assessing its key risks. The survey is conducted to analyze the volume of the leasing market and its key risks for the second and third quarters of 2025. Data submission deadline: for Q2 2025 – September 2025; for Q3 2025 – December 2025.

    Survey form
    Survey participants

    Information is provided by e-mail in MS Excel file format.

    		 Department of Financial Stability: Vlada Valerievna Monastyreva – Leading Economist, tel.: 8 (495) 771-99-99, (ext. 1-55-71), e-mail: Monastyrevavv@kbr.ru
    17 July December Survey of deposits of individuals and the conditions for their attraction by credit institutions. The survey is conducted with the aim of analyzing bank offers for deposits, deposits of individuals, indicating the maximum range of additional parameters that influence the increase in the base rate (minimum guaranteed rate) for a banking product, and their subsequent comparison with the actual level of the cost of attracting deposits. Deadline for providing data: monthly, no later than the 23rd day of the month following the month being surveyed.

    Survey form
    Survey participants

    The information is presented in MS Excel file format using the functionality of personal accounts.

    		 Department of Statistics: Krylova Darya Olegovna – Head of Department, tel.: 8 (495) 957-89-65, e-mail: Doroshdu@kbr.ru; Fomicheva Ekaterina Yurievna – chief economist, tel.: 8 (495) 315-76-81, e-mail: RIZ1@kbr.ru; Morozova Arina Olegovna – Chief, tel.: 8 (495) 771-99-99, (ext. 1-58-77), e-mail: Morozovao@kbr.ru
    18 July December Information on the assignment of rights of claim (cession) and the issue of securities (securitization) secured by claims on consumer loans granted to resident individuals. The survey is conducted with the aim of analyzing the portfolio of consumer loans, the rights to claim which were assigned to legal entities (including credit institutions), including with subsequent securitization, for the correct assessment of the dynamics of the total consumer portfolio of credit institutions. Deadline for providing data: monthly, no later than the 16th working day of the month following the month being surveyed.

    Survey form
    Survey participants

    The information is presented in MS Excel file format using the functionality of personal accounts.

    		 Department of Statistics: Krylova Darya Olegovna – Head of Department, tel.: 8 (495) 957-89-65, e-mail: Doroshdu@kbr.ru; Morozova Arina Olegovna – chief economist, tel.: 8 (495) 771-99-99, (ext. 1-58-77), e-mail: Morozovao@kbr.ru; Fomicheva Ekaterina Yurievna – chief economist, tel.: 8 (495) 315-76-81, e-mail: RIZ1@kbr.ru
    19 July December Changes in the bank’s credit policy. The survey is conducted with the aim of qualitatively assessing changes in the parameters of banks’ credit policy, the reasons for these changes for an in-depth analysis of the transmission mechanism of monetary policy, and identifying factors influencing lending volumes for the second and third quarters of 2025. Data submission deadline: last working day of the reporting quarter. For the largest multi-branch banks, the questionnaire may be submitted at a later date. The questionnaire is published on the official website of the Bank of Russia at: http: //kbr.ru/stastiki/dkp/bank_landing_Terms/ in the section “Monetary policy”, “Statistics”, “Terms of bank lending”.

    Survey participants

    Information is provided by e-mail in MS Excel file format.

    		 Department of Monetary Policy: employee responsible for methodological support of the survey: Egorov Aleksey Vladimirovich – economic adviser, tel.: 8 (495) 957-88-91, e-mail: Egorovav@kbr.ru; Main Directorate of the Bank of Russia for the Central Federal District: employee responsible for conducting the survey: Veronika Eldarovna Islyamova – consultant, tel.: 8 (495) 950-20-72, e-mail: SVP1@kbr.ru
    20 July December Lessee risk assessment. The survey is conducted with the aim of quantitatively assessing the risks of lessees for the second and third quarters of 2025. Data submission deadline: for Q2 2025 – September 2025; for Q3 2025 – December 2025.

    Survey form
    Survey participants

    The information is presented in MS Excel file format using the functionality of personal accounts.

    		 Department of Financial Stability: Vlada Valerievna Monastyreva – Leading Economist, tel.: 8 (495) 771-99-99, (ext. 1-55-71), e-mail: Monastyrevavv@kbr.ru
    21 July December Monitoring of individuals’ loan debt. Monitoring underwriting standards and credit quality of portfolios of banks specializing in lending to individuals for the purpose of assessing systemic credit risks of the banking sector in the second and third quarters of 2025. Data submission deadline: for the second quarter of 2025 – 01.08.2025; for the third quarter of 2025 – 01.11.2025.

    Survey form
    Survey participants

    The information is presented in MS Excel file format using the functionality of personal accounts.

    		 Department of Financial Stability: Ivanova Elizaveta Dmitrievna – economist of the 2nd category, tel.: 8 (495) 771-99-99, (ext. 1-77-47), e-mail: Ivanovad@kbr.ru
    22 July December Survey of planned indicators of credit institutions. The survey is being conducted with the aim of improving the quality of operational forecasts and internal analytical models of the Bank of Russia. Data submission deadline: no later than 25 working days following the reporting quarter.

    Survey form
    Survey participants

    The information is presented in MS Excel and Word file formats using the functionality of personal accounts.

    		 Department of banking regulation and analytics: Popov Maxim Andreevich – head of department, tel.: 8 (800) 250-40-88, (ext. 2-15-66), e-mail: Poppyma01@kbr.ru; Shterts Ruslan Sergeevich – consultant, tel.: 8 (800) 250-40-88, (ext. 2-15-86), e-mail: Sertsrs@kbr.ru
    23 July December Survey on received subsidies to compensate for lost income on loans under government support programs. The survey is conducted in order to identify, as part of the credit institution’s income, subsidies received to compensate for lost income on preferential loans issued for purposes determined by state support programs (quarterly data for the period: Q1 2020 – Q4 2024; monthly data for the period: January – December 2025). Deadline for providing data: monthly, no later than the eighth working day of the month following the month being surveyed.

    Survey form
    Survey participants

    Information is provided by e-mail in the form of a scanned copy, MS Excel file format, or through the personal account of the information exchange participant.

    		 Department of Statistics: Kolesnikova Tatyana Alekseevna – Head of Department, tel.: (495) 987-71-35, e-mail: Kolesnikova@kbr.ru; Khizhnyak Anton Vitalievich – Head of Department, tel.: 8 (495) 771-42-71, e-mail: Hizhnyakav@kbr.ru
    24 August September Survey of individuals receiving/sending cross-border money transfers. The survey is conducted with the aim of analyzing information on received/sent cross-border money transfers of individuals. Deadline for providing data: no later than 40 calendar days after sending the questionnaire to the organization.

    Survey form
    Survey participants

    Information is provided by e-mail in the form of a scanned copy, MS Excel file format, or through the personal account of the information exchange participant.

    		 Department of Statistics: Elena Vyacheslavovna Rozhkova – Chief Economist, tel.: (495) 771-99-99, (ext. 1-71-67), e-mail: Rozhkovaev@kbr.ru
    25 September October A survey of the personnel needs of financial sector organizations for information security specialists. The survey is being conducted with the aim of studying the personnel needs of financial sector organizations for information security specialists. Deadline for providing data: no later than 30 calendar days from the date the questionnaire is sent to the organization.

    Survey form
    Survey participants

    The information is presented in MS Excel file format using the functionality of personal accounts.

    		 Information Security Department: Elena Ivanovna Stavitskaya — consultant, tel.: 8 (495) 771-99-99, (ext. 2-69-43), e-mail: Stavitskaya@kbr.ru; Terekhov Sergey Vasilievich – chief engineer, tel.: 8 (495) 771-99-99, (ext. 2-28-76), e-mail: Terekhovsv@kbr.ru
    26 October October Survey of satisfaction of credit institutions with the quality of cash. The survey is conducted to assess the satisfaction of credit institutions with the quality of cash. Data submission deadline: 15.10.2025

    Survey form
    Survey participants

    The information is presented in Word file format using the functionality of personal accounts.

    		 Cash Circulation Department: Natalya Andreevna Mavrushina — Head of Department, tel.: 8 (495) 771-99-99, (ext. 1-86-70), e-mail: MNA7@kbr.ru; Dzhabrailov Adil Millat ogly – leading economist, tel: 8 (495) 771-99-99, (ext. 1-86-88), e-mail: Dzhabrailovam@kbr.ru
    27 October October Investigation of cash withdrawal transactions without the client’s voluntary consent using ATMs. The survey is conducted with the aim of studying operations on issuing cash by credit institutions without the voluntary consent of the client using ATMs (data for September 2025 will be presented in the third quarter of 2025). Deadline for submitting data: no later than the fifteenth working day of the month following the reporting quarter.

    Survey form
    Survey participants

    The information is presented in MS Excel file format using the functionality of personal accounts.

    		 Information Security Department: Egor Romanovich Sokrut – Lead Engineer, tel.: 8 (495) 771-99-99, (ext. 2-29-05), e-mail: TRASTER@Kbr.ru
    28 October November A survey of development trends in the market of consumer credit cooperatives. The survey is conducted with the aim of studying the development of the consumer credit cooperative market for the first to third quarters of 2025. Data provision period: 14 working days from the date the questionnaire is sent to the organization.

    Survey form
    Survey participants

    The information is presented in MS Excel file format using the functionality of personal accounts.

    		 Department of Non-bank Lending: Elizaveta Yuryevna Shtykova – leading expert, tel. 8 (495) 771-99-99, (ext. 2-16-36), e-mail: Shtykovayu@kbr.ru
    29 October November A survey of development trends in the market of agricultural credit consumer cooperatives. The survey is conducted with the aim of studying the development of the agricultural credit consumer cooperative market for the first to third quarters of 2025. Data provision period: 14 working days from the date the questionnaire is sent to the organization.

    Survey form
    Survey participants

    The information is presented in MS Excel file format using the functionality of personal accounts.

    		 Department of Non-bank Lending: Elizaveta Yuryevna Shtykova – leading expert, tel. 8 (495) 771-99-99, (ext. 2-16-36), e-mail: Shtykovayu@kbr.ru

    MIL OSI Russia News –

  • MIL-OSI USA: Evans Announces He Won’t Seek Re-Election, Will Serve Full Term Ending Jan. 3, 2027

    Source: United States House of Representatives – Representative Dwight Evans (2nd District of Pennsylvania)

    PHILADELPHIA (June 30, 2025) – Congressman Dwight Evans (D-PA-3) today announced that he will not seek re-election to the U.S. House of Representatives in 2026, concluding a distinguished career in public service spanning over four decades.

    “Serving the people of Philadelphia has been the honor of my life,” said Evans. “And I remain in good health and fully capable of continuing to serve. After some discussions this weekend and thoughtful reflection, I have decided that the time is right to announce that I will not be seeking re-election in 2026. I will serve out the full term that ends Jan. 3, 2027. I am deeply proud of what I have been able to accomplish over my 45 years in elected office — from revitalizing neighborhoods block by block to fighting for justice, economic opportunity, investments in infrastructure and education. I cannot express the gratitude that I have for the trust that voters put in me as their voice in both state and federal office. It has been a privilege of a lifetime to serve as their advocate in government.”

    Evans emphasized that he will continue to serve his constituents fully until the end of his term, that his offices will remain open, and that he will support a smooth transition for his successor.

    A Legacy of Service to Philadelphia

    Born in North Philadelphia and raised in the Germantown and West Oak Lane neighborhoods, Dwight Evans began his career as a teacher in the city’s public schools and as a community organizer with the Urban League. In 1980, at just 26 years old, he was elected to the Pennsylvania House of Representatives, where he served for 36 years. He made history as the first African-American chairman of the House Appropriations Committee, serving in that powerful role for two decades.

    Among his signature accomplishments in Harrisburg was spearheading the Pennsylvania Fresh Food Financing Initiative, which brought healthy grocery stores and thousands of jobs to underserved communities and became a national model for bringing healthy food to food deserts in both urban and rural areas. He was also instrumental in the creation of Pennsylvania’s Children’s Health Insurance Program, which became the model for nationwide CHIP.

    In 2016, Evans was elected to represent Pennsylvania’s 2nd Congressional District (later redistricted as the 3rd), succeeding longtime Congressman Chaka Fattah. In Congress, he serves on the influential Ways and Means Committee, which oversees Social Security, Medicare, taxes and trade, and has served on the Small Business Committee and Agriculture Committee, advocating for equitable economic development, criminal justice reform, funding for school repairs, affordable housing, and access to health care and healthy food.

    In 2025, Evans has fought to defend gains made during the Biden-Harris administration and against the pending Trump “Reverse Robin Hood” bill that would give the richest another tax cut and cut Medicaid and SNAP food aid. He fought the bill during a nearly 18-hour markup in the Ways and Means Committee, and voted against it in the full House – a vote two Republicans slept through, including one 31 years younger than Evans. He will vote against it again if the Senate returns it to the House.

    Evans has been a vocal supporter of key legislation including the American Rescue Plan, Infrastructure Investment and Jobs Act, Inflation Reduction Act, and Bipartisan Safer Communities Act. He also introduced bills to address gun violence, finance repairs to schools, invest in historically Black colleges and universities, and promote economic empowerment in urban communities.

    Throughout his time in public office, Evans remained rooted in his neighborhood — living just blocks from where he grew up — and never wavered in his commitment to building a better Philadelphia for all.

    Evans represents the 3rd Congressional District, which includes Northwest and West Philadelphia and parts of North, South, Southwest and Center City Philadelphia. He recently announced that his office returned to or saved $4.5 million for constituents in 2024 in cases involving federal agencies such as the IRS, Social Security Administration and Department of Veterans Affairs. The 2024 figure brings Evans’ office’s total to more than $45.5 million returned to or saved for constituents during his first eight full years in Congress.

    Evans serves on the influential House Ways and Means Committee, including its Subcommittee on Health. The committee oversees Social Security, Medicare, taxes, and trade. Evans’ website is evans.house.gov and his social media handle is @RepDwightEvans on YouTube, Bluesky, Facebook, Twitter, Instagram and Threads.

    MIL OSI USA News –

  • MIL-OSI USA: Bacon to Retire at End of 119th Congress

    Source: United States House of Representatives – Congressman Don Bacon (2nd District of Nebraska)

    Bacon to Retire at End of 119th Congress

    Touts Accomplishes and Pledges to Continue Outstanding Service and Pursue Legislative Initiatives

    Omaha, Neb. – Today, Rep. Don Bacon (NE-02), Chairman of the House Armed Services Committee’s (HASC) Cyber, Information Technologies and Innovation Subcommittee (CITI), announced he will not seek reelection in 2026 and will retire at the end of the 119th Congress. 

    “After consultation with my family and much prayer, I have decided not to seek reelection in 2026 and will fulfill my term in the 119th Congress through January 2, 2027. After three decades in the Air Force and now going on one decade in Congress, I look forward to coming home in the evenings and being with my wife and seeing more of our adult children and eight grandchildren, who all live near my home. I’ve been married for 41 years, and I’d like to dedicate more time to my family, my church, and the Omaha community. I also want to continue advocating for a strong national security strategy and a strong alliance system with countries that share our love of democracy, free markets and the rule of law. 

    “During the remainder of the 119th Congress, we will be focused on finishing the job. Providing top-notch constituent services in the district, for which we were recognized in 2021 with the Congressional Management Foundation’s Democracy Awards for Constituent Services in 2021, will be a priority as it always has been.  

    “To date, we have processed close to 8,500 casework/requests for assistance; we have helped people who were wrongly marked as deceased, helped citizens in distress around the world return home; helped people devasted by disasters such as flood and tornadoes, literally climb out of the ruble and connect them with resources; we have solved problems with Medicare, Social Security and IRS problems, passports and immigration, and so much more. Our team has worked diligently every day to advocate for and deliver on behalf of our constituents. 

    “Legislatively, I aim to work to get five agricultural bills passed that were included as part of the Farm Bill, including the increase of defenses for our nation’s food supply chain and removing barriers for the next generation of farmers seeking to establish their operations. I will continue my work on the National Defense Authorization Act (NDAA) and lay the groundwork for a new VA hospital in Omaha.  

    “My service to our great nation started in the Air Force, where I served sixteen assignments, five commands and four deployments and will continue in Congress until the end of the 119th Congress. I’d like to find new ways to serve our great country.  I have a love for national security, and I’ll always be a proponent for old-fashioned Ronald Reagan Conservative values.  It has been an honor to serve the 2nd District of Nebraska and the nation, and I thank our constituents for trusting me to represent them. I am proud of the work we have done and will continue to do until the lights in the office are turned off for the last time. Thank you, and God bless America.” 

    Highlights from Rep. Bacon’s Congressional Career 

    Legislative Record 

    • Most bills signed into law in the 118th Congress and bill totals as of Jan. 2025 

    ·         Total number of stand-alone bills enacted into law: 2 

    ·         Total numbers of bills enacted through NDAA: 33 

    ·         Total number of bills enacted through non-NDAA legislation: 3 

    ·                     Total number of bills introduced that became law: 38 

    Defense 

    Rebuilt and Improved Offutt AFB & Camp Ashland 

    • Delivered forceful congressional advocacy for Offutt Air Force Base, one of the district’s leading engines of economic growth and prosperity 
    • Led the fight in the House to secure critical resources to respond to the devasting 2019 floods 
    • Engaged with the Secretary of the Air Force to prevent the permanent loss of the flying mission 
    • Secured more than $1.5 billion for the cleanup, rebuild and critical improvements to Offutt AFB – one of the largest employers in the region – including a new runway 
    • Worked tirelessly to protect, modernize, and replace aircraft fleets at Offutt AFB including the RC-135, WC-135 and E-4B 

    Confederate Base Names: Original co-sponsor for H.R. 7155, National Commission on Modernizing Military Installation Designations Act, the bi-partisan legislation in the House to re-designate military bases named after Confederate generals 

    Spearheaded the Restoration of DoD Electronic Warfare Capability 

    • Drove major legislative reforms requiring the Pentagon to develop a new EW strategy, implementation plan and other organizational reforms 
    • Secured more than $1.5 billion to double the size of the USAF’s fleet of EA-37B Compass Call aircraft, the most powerful and sophisticated electronic attack aircraft in the world 
    • Helped guide the establishment of the Joint EMSO Center (JEC) at STRATCOM 

    Relentlessly Championed Initiatives to Modernize America’s Strategic Nuclear Deterrent 

    • Secured more than $75 million establish the NC3 technical engineering and development hub in Nebraska 
    • Advocacy helped speed the establishment of the new 95th Wing at Offutt focused on NC3 operations 
    • Helped secured more than $500 million to advance development of the future E-4C SAOC aircraft which will be based at Offutt 

    Championed Improvements to Military Quality of Life  

    • Led the most significant and comprehensive package of legislative reforms to improve the quality of life for military servicemembers and families in US history 
    • Largest single-year increase for junior enlisted pay ever (14.5%) 
    • Billions in critical improvements to military housing and barracks  
    • Major expansion and improvements to childcare for military families 
    • Fought for employment reforms and RIF protections for federally employed military spouses  

    Conference Committee 

    • Passage of major national defense legislation in 2017, 2018 and 2019 that reversed the dangerous decline in military readiness after years of neglect and funded the modernization of US military capabilities 
      • Named to select House-Senate Armed Service Conference Committee for 3 straight years 

    Agriculture 

    • Responsible for numerous provisions in the Farm Bill, including language related to the Foot-and-Mouth Disease vaccine and measures to address foreign ownership of farmland and improve SNAP administration 
    • Original sponsor of the Emmett Till Antilynching Act, which established lynching as a federal hate crime 

    Education 

    • STOP School Violence Act of 2018 (co-sponsor) – Provides DOJ money for grants to states and local governments to improve security including the placement and use of metal detectors and other deterrents measures at schools and school grounds. Fighting for $125 million in FY’20 to fund these grants 

    Civil Rights and Holocaust Education 

    • House Republican lead for Anti-Lynching Legislation making lynching a federal crime – Language was amended into H.R. 35 and passed House 2/26/20) 
    • Helped lead effort to push H.R. 943 – Never Again Education Act which was signed by the President 5/29/20 
    • Worked with state leaders on getting Holocaust Education requirements enacted into state statute 
    • Leader on support for non-profit security grants for religious institutions 

    Veterans Affairs 

    • Finalized additional funding for the VA’s Ambulatory Care Center and pushed House Leadership to go ahead and pass the bill while my friend Brad Ashford was still in office 
      • CHIP IN Bill: Congressman Bacon’s CHIP IN Bill, H.R. 3888, was incorporated into HR 5293: Department of Veteran Affairs Expiring Authorities Act of 2021, extending the program through 2025 
      • HR: 217 in the 119th – seeks to extend the program and expand authorities to include minor projects and non-recurring maintenance projects (passed House) 
    • Led Congressional efforts to support Gold Star families and survivors; championed significant legislation to care for and honor these families 
      • Lifetime installation access for survivors 
      • Major reforms to military veterans transition assistance programs 
      • Mandated regular meetings with DoD leadership and surviving families 

    Infrastructure and Jobs Act:  

    • Voted for the Infrastructure Investment and Jobs Act, which provided $165 million for Nebraska’s 2nd District: Eppley, modernization of natural gas lines and other projects 

    Eppley Airfield 

    • Over $77.1 million of improvements to Eppley Airfield from the Infrastructure Investment and Jobs Act funding and other sources 
      • Make it a true international airport 
      • Increase flights and inspection areas 
      • Streamline process of checking in and TSA for consumers 

    Other Community Funding projects of note: 

    • (2024) Wahoo Airport Runway – $4.3 million 
    • 2024) Saunders County Emergency Radio Equipment – $2.6 million 
    • (2024) City of Omaha N. 24th Street Lighting Project – $4.17 Million 
    • (2023) OPPD Grid Resiliency and Modernization – $7.7 million 
    • (2023) City of Omaha North 24th Street Streetscape Improvement Projects Phase II – $4 million 
    • (2023) Blackstone Business Improvement District – $2 million 
    • (2022) North 24th St. Streetscape Improvements – $3 million 
    • (2022) the CHOICE $50 million federal grant to redevelop the Southside Terrace Garden Apartments and the surrounding Indian Hill neighborhood in South Omaha. 
    • (2019) the CHOICE neighborhood grant program, which awarded $25 million for the 75 North project to the City of Omaha and Omaha Housing Authority for 5 years 

    Other Accomplishments/Recognitions 

    • Founded the bipartisan For Country Caucus 
      • Co-chair of bipartisan Caucus made up of 30 veteran members of Congress, evenly divided between R’s and D’s 
      • Objective of the Caucus is to work in a nonpartisan way towards a more productive government. Members serve with integrity, civility and courage 
    • Restarted the Main Street Caucus 
    • Co-chair of the Congressional Electronic Warfare Caucus, leading voice in Congress to advance and reform US capabilities to defend and dominate the electromagnetic spectrum
    • In 2023, appointed to the U.S. Holocaust Memorial Council by former Speaker of the House Kevin McCarthy 
    • Center for Effective Lawmaking 
      • One of the top ten effective legislators in the 118th congress, 2nd most effective Republican 
      • Most effective Republican in the 117th Congress and fourth overall, despite being in the minority party 
    • Rated #1 Most bi-partisan Republican 117th Congress-Common Ground Committee 
      • Earned a perfect score by the Common Ground Committee of 110 (2024) 
      • Rated #1 in 2022 by Common Ground Committee with a score of 104 out of 110 
    • 2021 Democracy Awards-Constituent Services, Congressional Management Foundation  
      • Over the course of 8 and ½ years, the office has processed close to 8,500 casework/requests for assistances including people who were erroneously marked as deceased; devastated by disasters such as floods and tornadoes literally climb out of the rubble and connect them with resources to rebuild; and in distress around the globe trying to return home. 
      • Other cases include problems with Medicare, passports or immigration, helping veterans get their benefits, cutting through red tape to solve Social Security and IRS problems, and others. 
    • 2024 Democracy Awards- Workplace Environment, Congressional Management Foundation  

    ###

    MIL OSI USA News –

  • MIL-OSI: Kaltura Named a Leader in IDC MarketScape: Worldwide AI-Enabled Enterprise Video Platform 2025 Vendor Assessment

    Source: GlobeNewswire (MIL-OSI)

    New York, June 30, 2025 (GLOBE NEWSWIRE) — Kaltura (Nasdaq: KLTR), the AI Video Cloud, today announced that it has been named a Leader in the IDC MarketScape Worldwide AI-Enabled Enterprise Video Platform 2025 Vendor Assessment (doc # US52036124, June 2025). This is the first IDC MarketScape assessment to focus specifically on AI-powered video platforms, evaluated vendors on their strategies and capabilities for delivering intelligent video solutions to support modern enterprise needs. 

    Enterprise video platforms are mission-critical for modern organizations, with AI transforming how companies communicate, engage, and innovate. Kaltura’s AI Video Experience Cloud empowers businesses across sectors—Enterprise, Technology, Higher Education, Financial Services, Healthcare, Government, and Media & Entertainment—to deliver real-time, live, and on-demand video for use cases ranging from internal communications and employee learning to marketing, customer engagement, and virtual events. 

    “As one of the first global assessment reports that has been issued that focuses on AI and video platforms for enterprise, we are thrilled to have been positioned as a Leader by the IDC MarketScape,” said Ron Yekutiel, Co-founder, President, Chairman and CEO of Kaltura. “We believe this recognition reflects our commitment to equipping organizations with intelligent video tools that not only scale but also adapt to their evolving needs. We look at AI as value activation. It helps our customers transform generic content into hyper-personalized experiences at scale, driving greater impact and ROI. We are thrilled to be leading our customers through this transformative revolution.” 

    Kaltura’s full-spectrum platform, built for both internal and external use cases, stands out for its modular, API-first architecture, self-service capabilities, and support for content reuse. 

    • Unified platform for internal and external communications: Kaltura’s enterprise-grade solutions power everything from interactive webinars to large-scale virtual town halls and virtual events, enabling organizations to connect with both employees and customers at scale. 
    • Strategic investments in agentic AI: Kaltura’s intelligent agents streamline production, moderation, accessibility, and personalization, helping admins automate repetitive tasks, improve workflows for content creators, and deliver end users tailored content that boosts engagement.  
    • Open, flexible and collaborative: Kaltura is built on an API-first architecture, giving organizations the flexibility to seamlessly integrate, extend, and customize video workflows across their existing tech stack. 
    • Advanced engagement and performance analytics: Real time sentiment analysis and stream health tracking provides producers the ability to deliver high quality broadcasts. Detailed granular and aggregate reports on engagement and content performance helps teams optimize experiences and improve ROI. 
    • Enrichment and repurposing: Content creators can enhance accessibility and compliance with automated captions, summaries, chapters, translations, and video quizzes—while easily repurposing long-form content into snackable clips that boost engagement, saving time and reducing costs. 

    About Kaltura 

    Kaltura’s mission is to create and power AI-infused hyper-personalized video experiences that boost customer and employee engagement and success. Kaltura’s Video Experience Cloud includes a platform for enterprise and TV content management and a wide array of Gen AI-infused video-first products, including Video Portals, LMS and CMS Video Extensions, Virtual Events and Webinars, Virtual Classrooms, and TV Streaming Applications. Kaltura engages millions of end-users at home, at work, and at school, boosting both customer and employee experiences, including marketing, sales, and customer success; teaching, learning, training and certification; communication and collaboration; and entertainment and monetization. For more information, visit  www.corp.kaltura.com 

    About IDC Marketscape 
    IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors

    The MIL Network –

  • MIL-OSI: XRP News: Convert XRP To Fiat and Instantly Send To Any Bank Account In The World With Remittix

    Source: GlobeNewswire (MIL-OSI)

    New York, June 30, 2025 (GLOBE NEWSWIRE) — Fresh XRP news shows the token now has a 95% chance of ETF approval in 2025, up from 75% just weeks ago. Bloomberg analysts say recent talks with the SEC have been “very positive,” which marks a big shift in how digital assets are viewed.

    But while XRP waits, Remittix is already delivering. This rising PayFi project lets users convert XRP and other cryptos to fiat and send them instantly to any bank account worldwide. Its presale has raised over $15.8M, and with nearly 20,000 investors on board, many see it as XRP’s natural next step.

    This might just be the project that picks up where XRP left off and runs with it.

    Remittix Makes Crypto Payments as Easy as Sending a Text

    Sending money with crypto shouldn’t feel like rocket science, and with Remittix, it doesn’t. This platform lets you convert XRP (and other crypto) to fiat and send it straight to any bank account in the world, fast. No banks. No waiting days. No mystery fees.

    Everything’s instant, transparent, and works like it should. Remittix cuts out the middlemen, keeps costs super low, and even helps people in places where traditional banking is a mess. Whether you’re paying someone abroad, sending money home, or running a remote team, it just works.

    Source: Remittix

    It even supports stablecoins to dodge the usual crypto swings, and every transaction is recorded on the blockchain, so nothing gets lost or reversed. In short, Remittix makes sending money feel as easy as texting your friends, just way more useful.

    And yeah, it’s about time someone got this right.

    Over $15.8M Raised: Why Investors Are Calling It “XRP 2.0”

    While XRP news about a possible ETF has sparked fresh interest in Ripple, some investors are already looking ahead, and they’re calling Remittix the real evolution.

    The numbers don’t lie: Remittix has raised over $15.8 million in its presale and sold more than 546 million $RTX tokens. The price has already climbed from $0.0734 to $0.0781, with each round moving it higher. People who got in early? They’re already seeing green.

    Source: Remittix

    But this isn’t just about price. Investors are backing Remittix because it actually solves a problem, making international payments faster, cheaper, and way more accessible. No hype. No gimmicks. Just a project built on real-world utility.

    With nearly 20,000 investors on board, the momentum is clear. And with Remittix picking up where XRP started, but with fewer roadblocks, it’s easy to see why people are calling it “XRP 2.0.”

    Real Use Case, Real Tech: How Remittix Is Built for Mass Adoption

    Remittix is built to solve a real problem. The platform makes it easy to convert crypto into local fiat and send it straight to bank accounts, especially in regions where access to traditional banking is limited.

    Is Remittix the Next XRP?! New 10X Potential Crypto?!

    The $RTX token isn’t just for trading, either. It powers the ecosystem by unlocking fee discounts, giving users priority access, and soon, governance rights.

    It’s designed for everyday use, not speculation. That’s why more people are paying attention, because Remittix is made to last, not just moon.

    Conclusion

    With XRP ETF approval looking more likely than ever, crypto payments are entering a new era. But while XRP waits, Remittix is already delivering. Fast transfers, real utility, and over $15.8M raised, it’s clear investors see the future here. Don’t miss your chance to get in early.

    Discover the future of PayFi with Remittix by checking out their presale here:

    Website: https://remittix.io/

    Socials: https://linktr.ee/remittix

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    The MIL Network –

  • MIL-OSI: Remittix Unveil New Crypto Wallet With Revolutionary New Way To Send Ethereum, Solana, Dogecoin and More

    Source: GlobeNewswire (MIL-OSI)

    New York, June 30, 2025 (GLOBE NEWSWIRE) — Sending crypto still feels way harder than it should. And it doesn’t matter if it’s Ethereum, Solana, or Dogecoin, you’ve got gas fees, delays, weird addresses. Plus, there’s a whole fiat thing if someone needs actual cash.

    Well, Remittix just fixed all that.

    Their new crypto wallet makes sending crypto feel like sending a text. You can move ETH, SOL, DOGE, and more, and even send it straight to a bank account, no matter where the person is. Fast, simple, and no middlemen. This could seriously change the game for crypto payments.

    A Wallet That Works Across Ethereum, Solana, Dogecoin and More

    If you’re tired of juggling different wallets for different coins, Remittix has your back. The new wallet lets you manage Ethereum, Solana, Dogecoin, and a bunch of other cryptos all in one simple place.

    It’s non-custodial, which means you control your crypto, no third parties, no one else touching your funds. You can trade, swap, send, or just hold without any hassle. And here’s the best part: Remittix doesn’t collect your data. No IP tracking, no location snooping, nothing.

    Source: Remittix

    It’s built with serious security, works across devices, and doesn’t rely on some sketchy centralized server that might go down. Everything stays private, fast, and smooth.

    No matter if you’re new to crypto or have been in it for years, this wallet keeps things simple. You get full control over your coins without the usual stress or complications.

    Send Crypto to Bank Accounts in Seconds – No Middlemen with Remittix

    With Remittix, you can now send crypto straight to a bank account, no middlemen, no delays, no extra steps.

    It works with tons of coins, and it gives the convenience you need. Simply, just open the wallet, choose your crypto, and send. It’s converted to fiat and lands in the bank account fast. Simple as that.

    UNLOCKING! Remittix A 2025 MUST-HAVE!

    No exchanges. No wire transfers. No waiting days for money to show up. This is a direct line from your wallet to someone’s bank, whether they’re across the street or across the world.

    And because it’s all handled through Remittix’s own system, you avoid the usual headaches and fees. Everything stays secure, quick, and in your control. If you’ve ever wanted crypto to work like real money, this is it. Remittix made it possible.

    Why This Could Be the Future of Everyday Crypto Payments

    The way we move money is changing, and Remittix is leading that shift. Instead of relying on slow banks, hidden fees, and outdated systems, Remittix gives people a faster, cheaper way to send money anywhere in the world using crypto. No middlemen. No delays. Just instant, direct payments.

    This isn’t just about convenience. It’s about access. Around 1.4 billion people still don’t have reliable banking. Remittix makes it possible for anyone with a smartphone to send, receive, and convert crypto into real-world cash safely and quickly.

    What also makes Remittix stand out is its tokenomics. The $RTX token powers the ecosystem. Users get fee discounts, priority access, and even a say in how the platform evolves through governance features. The token is designed to be used, not just traded, helping drive real demand.

    Source: Remittix

    With smart contracts, microtransaction support, and a focus on real-world problems, Remittix isn’t following trends; it’s building the future of everyday crypto payments.

    Conclusion

    Ethereum, Solana, and Dogecoin are now all easier to send than ever with Remittix. This wallet isn’t just another crypto tool; it’s the future of payments. With real utility, growing adoption, and $RTX powering it all, Remittix is moving fast. Get in now, before the rest of the world catches on.

    Discover the future of PayFi with Remittix by checking out their presale here:

    Website: https://remittix.io/

    Socials: https://linktr.ee/remittix

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    The MIL Network –

  • MIL-OSI USA: Lower Gas Prices Just in Time for Summer Holiday Travel

    US Senate News:

    Source: US Whitehouse
    Gas prices are falling as millions of Americans hit the road for the holiday weekend.
    According to CNBC, “gas is the cheapest it’s ever been.” Inflation-adjusted gas prices “are near the lowest levels we’ve seen in the last 20 years” — and with rising incomes, “Americans are actually spending far less of their income on energy than they have in quite some time.”
    The good news is being felt across the nation:
    Tupelo, Mississippi: “If you’re driving, you could be in for a pleasant surprise at the pump.”
    New York City, New York: “It looks like gas prices are about to get cheaper.”
    Toledo, Ohio: “Summer gas prices are at a surprising four-year low.”
    Columbia, South Carolina: “If you’re planning to hit the road ahead of the 4th of July weekend, gas prices are currently the lowest that they’ve been since 2021.”
    Jacksonville, Florida: “Some good news for gas prices — they continue to fall ahead of the 4th of July holiday.”
    Macon, Georgia: “If you’re planning to travel this week, gas prices in our area are down. They’re the lowest that we’ve seen this time since 2021.”
    The Arizona Republic:“Arizona motorists are seeing a relatively cheap summer at the gas pump, despite recent conflicts abroad.Oil prices have fluctuated since the start of the Israel-Iran war earlier this month. But gas prices have remained relatively steady across the nation — and have largely declined in Arizona.”
    GasBuddy: Gas Prices to Fall to Lowest July 4th Level Since 2021 as Middle East Tensions Cool
    CNN: “They’re pretty low — and they’re trending lower … This would be the lowest on Fourth of July for gas since at least 2021 — perhaps even since 2020 during COVID. Of course, people are making more money, on average, than they did back then, so on an inflation-adjusted basis, gasoline is swallowing up a smaller and smaller chunk of paychecks.”
    ABC News: “Most people traveling right now are traveling by road. Gas prices — $3.18/gallon right now, that’s the national average for regular unleaded. Last year, that was $3.49/gallon — so significantly lower.”
    CNBC: “As Americans gear up for summer travel, prices at the pump may be cooling off. This summer could bring the lowest gas prices in years.”
    The New York Times: “Summer road trips appear to be safe from a big spike in gasoline prices … The last time the cost for drivers was lower in late June was in 2021.”
    The Wall Street Journal: “The national average for a gallon of regular gasoline, $3.21, is about 23 cents cheaper than this time last year … Reduced prices would be a boon for consumers during the warmer months when Americans drive more. Low energy prices so far this year have already contributed to the economy’s resilience and helped keep inflation in check.”
    NBC News: “Looking at gas prices that are the best in four years — and this is so important for all of those millions of people who will be hitting the roads … 20 cents less than it was a year ago, so that’s six or seven bucks extra when you fill up. That’s real money.”
    Fox Business: “Summer gas prices hit lowest level in 4 years despite Middle East tensions”

    MIL OSI USA News –

  • MIL-OSI: Credit Agricole Sa: REDUCTION OF RESOURCES TO THE LIQUIDITY CONTRACT WITH KEPLER CHEUVREUX

    Source: GlobeNewswire (MIL-OSI)

    Montrouge, June 30, 2025

    PRESS RELEASE

    REDUCTION OF RESOURCES TO THE LIQUIDITY CONTRACT
    WITH KEPLER CHEUVREUX

    Today, Crédit Agricole S.A. is pleased to announce the launch of its annual capital increase reserved for employees of the Crédit Agricole Group around the world.

    In accordance with the agreement signed as of 25 October 2006, updated on 18 January 2019, and amended by Amendment No. 1 dated 6 July 2020 and by Amendment No. 2 dated 18 March 2022, Crédit Agricole SA (ISIN: FR0000045072) entrusted Kepler Cheuvreux with the implementation of a liquidity contract (the “Contract”). This Contract, with an initial amount of €50 million, is intended to create an active market for the shares of Crédit Agricole S.A on the regulated market of Euronext Paris.
    In order to readjust the amount made available for this contract, a redemption of €5 million was made to the Liquidity account on June 27, 2025 (the “Redemption”).
    The Redemption was carried out in accordance with the MAR Regulation (EU No. 596/2014 on market abuse ), the Commission Delegated Regulation (EU) 2016/908 of 26 February 2016 supplementing Regulation (EU) n° 596/2014 of the European Parliament and of the Council with regulatory technical standards on the criteria, the procedure and the requirements for establishing an accepted market practice and the requirements for maintaining it, terminating it or modifying the conditions for its acceptance, articles L. 225-209 and following ones of the French Commercial Code (Code de commerce) and French Financial Market Authority (AMF) Decision No. 2021-01 of June 22, 2021, applicable as of July 1, 2021.
    The position after Redemption, as of June 27, 2025, amounts to:

    – 30 394 424.67 € 
    – 1 133 877 shares

    Detailed information can be found on Crédit Agricole S.A.’s website at the following address:
    https://www.credit-agricole.com/en/finance/regulated-information

    PRESS CONTACTS CRÉDIT AGRICOLE S.A.

       Alexandre Barat          + 33 1 57 72 12 19                         alexandre.barat@credit-agricole-sa.fr
       Olivier Tassain        + 33 1 43 23 25 41                        olivier.tassain@credit-agricole-sa.fr

    INVESTOR RELATIONS CONTACTS CRÉDIT AGRICOLE S.A.

    Institutional Investors + 33 1 43 23 04 31 investor.relations@credit-agricole-sa.fr
         

    Attachment

    The MIL Network –

  • MIL-OSI: BexBack Unveils Limited NO KYC,100x Leverage and 100% Deposit Bonus Match to Empower Crypto Futures Traders

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, June 30, 2025 (GLOBE NEWSWIRE) — As Bitcoin hovers near the $100,000 mark and market volatility intensifies, BexBack Exchange has announced a new limited-time promotional campaign designed to help traders maximize their potential returns. Starting today, all new users who deposit and complete one trade within seven days will receive a $50 USDT-M welcome bonus, along with a 100% deposit, match to double their trading capital. Combined with up to 100x leverage and zero KYC requirements, this promotion positions BexBack as a powerful entry point for both beginners and advanced futures traders navigating today’s unpredictable crypto landscape.

    Advantages of 100x Leverage Crypto Futures

    1. Amplified Profits: Control large positions with a small amount of capital, capturing more profits from market fluctuations.
    2. Low Capital Requirement: Participate in high-value trades with minimal investment, lowering the entry barrier.
    3. Increased Market Opportunities: Profit quickly from price fluctuations, especially in volatile markets.
    4. High Capital Efficiency: Leverage enables better use of your capital, expanding your investment potential.
    5. Profit from Both Up and Down Markets: Adapt to any market conditions, with opportunities to profit whether the market goes up or down.

    What Is 100x Leverage and How Does It Work?

    Simply put, 100x leverage allows you to open larger trading positions with less capital. For example:

    Suppose the Bitcoin price is $100,000 that day, and you open a long contract with 1 BTC. After using 100x leverage, the transaction amount is equivalent to 100 BTC.

    One day later, if the price rises to $105,000, your profit will be (105,000 – 100,000) * 100 BTC / 100,000 = 5 BTC, a yield of up to 500%.

    With BexBack’s deposit bonus

    BexBack offers a 100% deposit bonus. If the initial investment is 2 BTC, the profit will increase to 10 BTC, and the return on investment will double to 1000%.

    Note: Although leveraged trading can magnify profits, you also need to be wary of liquidation risks.

    How Does the 100% Deposit Bonus Work?
    The deposit bonus from BexBack cannot be directly withdrawn but can be used to open larger positions and increase potential profits. Additionally, during significant market fluctuations, the bonus can serve as extra margin, effectively reducing the risk of liquidation.

    About BexBack?

    BexBack is a leading cryptocurrency derivatives platform offering up to 100x leverage on futures contracts for BTC, ETH, ADA, SOL, XRP, and over 50 other digital assets. Headquartered in Singapore, the platform also operates offices in Hong Kong, Japan, the United States, the United Kingdom, and Argentina. Like many top-tier exchanges, BexBack holds a U.S. MSB (Money Services Business) license and is trusted by more than 500,000 traders worldwide. The platform accepts users from the United States, Canada, and Europe, with zero deposit fees and 24/7 multilingual customer support, delivering a secure, efficient, and user-friendly trading experience.

    Why recommend BexBack?

    No KYC Required: Start trading immediately without complex identity verification.

    100% Deposit Bonus: Double your funds, double your profits.

    High-Leverage Trading: Offers up to 100x leverage, maximizing investors’ capital efficiency.

    Demo Account: Comes with 10 BTC in virtual funds, ideal for beginners to practice risk-free trading.

    Comprehensive Trading Options: Feature-rich trading available via Web and mobile applications.

    Convenient Operation: No slippage, no spread, and fast, precise trade execution.

    Global User Support: Enjoy 24/7 customer service, no matter where you are.

    Lucrative Affiliate Rewards: Earn up to 50% commission, perfect for promoters.

    Take Action Now—Don’t Miss Another Opportunity!

    If you missed the previous crypto bull run, this could be your chance. With BexBack’s 100x leverage and 100% deposit bonus and $50 bonus for new users (complete one trade within one week of registration), you can be a winner in the new bull run.

    Sign Up Now on BexBack — Break the 100x Leverage and KYC Barriers, Get Double Deposit Bonus and $50 Welcome Bonus Instantly

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

    Disclaimer: This content is provided by BexBack. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.your own research and invest at your own risk.

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/1611673a-a307-4cf2-9e0f-6f2ea1d8498e

    https://www.globenewswire.com/NewsRoom/AttachmentNg/9f14a13a-d5a3-4385-b15b-51848167bf80

    https://www.globenewswire.com/NewsRoom/AttachmentNg/3b50ce22-8d8d-41b3-9c0b-53ad962f5889

    https://www.globenewswire.com/NewsRoom/AttachmentNg/be0f5c70-2ce4-4c43-a3ab-26f06c5c9455

    The MIL Network –

  • MIL-OSI Canada: Saskatchewan Finished 2024-25 Near Budget Forecast

    Source: Government of Canada regional news

    Released on June 30, 2025

    After beginning the year with a budget deficit of $273 million, the province finished the 2024-25 fiscal year with a $249 million operating deficit. Saskatchewan’s financial status was highlighted in today’s release of the 2024-25 Public Accounts Volume 1.

    “Revenue increased from budget last year while expenses also grew,” Deputy Premier and Minister of Finance Jim Reiter said. “We are continuing to make investments that deliver on what the people of Saskatchewan have said is important to them – affordability, health care, education, community safety and fiscal responsibility.”

    Last year, total revenue of $20.9 billion increased by $994 million, or 5.0 per cent, from the 2024-25 Budget. This included the recognition of a significant receivable for the resolution of the tobacco litigation.

    While revenues increased from budget, expenses were also up over the same period. Total expenses of $21.1 billion are an increase of $970 million, or 4.8 per cent, from the 2024-25 Budget, primarily due to notable increases in the Health, Agriculture, and Environment and Natural Resources expense themes.

    Compared to the third quarter, revenues increased by $448 million while expenses were up $36 million. The year-end deficit is an improvement of $412 million from the third-quarter update.

    Saskatchewan’s net debt increased by $1.3 billion in 2024-25, primarily due to significant investments in important infrastructure such as schools, hospitals and roads. However, Saskatchewan still maintains the second lowest net debt-to-GDP ratio in Canada and, as of March 31, 2025, had the second highest credit rating in Canada when ratings from the three key rating agencies – Moody’s Ratings, S&P Global Ratings and Morningstar DBRS – are combined.

    “Building on the strength of our 2024-25 financial results and the 2025-26 Budget, Saskatchewan’s economy continues to grow and evolve,” Reiter said. “Earlier this year Statistics Canada confirmed that our province remains a national leader in economic growth, ranking us second in the country for real GDP growth in 2024.”

    The 2024-25 Public Accounts Volume 1 provides a complete and accurate view of the Government of Saskatchewan’s finances. To learn more information about the fiscal health of the province, you can view Volume 1 at publications.saskatchewan.ca.

    -30-

    For more information, contact:

    MIL OSI Canada News –

  • MIL-OSI: Siili Solutions Plc: Share Repurchase 30.6.2025

    Source: GlobeNewswire (MIL-OSI)

    Siili Solutions Plc       Announcement  30.6.2025
         
         
    Siili Solutions Plc: Share Repurchase 30.6.2025  
         
    In the Helsinki Stock Exchange    
         
    Trade date           30.6.2025  
    Bourse trade         Buy  
    Share                  SIILI  
    Amount             369 Shares
    Average price/ share    6,4194 EUR
    Total cost            2 368,76 EUR
         
         
    Siili Solutions Plc now holds a total of 20 318 shares
    including the shares repurchased on 30.6.2025  
         
    The share buybacks are executed in compliance with Regulation 
    No. 596/2014 of the European Parliament and Council (MAR) Article 5
    and the Commission Delegated Regulation (EU) 2016/1052.
         
    On behalf of Siili Solutions Plc    
         
    Nordea Bank Oyj    
         
    Sami Huttunen Ilari Isomäki  
         
    Further information:    
    CFO Aleksi Kankainen    
    Email: aleksi.kankainen@siili.com    
    Tel. +358 50 584 2029    
         
    www.siili.com    
         

    Attachment

    The MIL Network –

  • MIL-OSI: Siili Solutions Plc: Share Repurchase 30.6.2025

    Source: GlobeNewswire (MIL-OSI)

    Siili Solutions Plc       Announcement  30.6.2025
         
         
    Siili Solutions Plc: Share Repurchase 30.6.2025  
         
    In the Helsinki Stock Exchange    
         
    Trade date           30.6.2025  
    Bourse trade         Buy  
    Share                  SIILI  
    Amount             369 Shares
    Average price/ share    6,4194 EUR
    Total cost            2 368,76 EUR
         
         
    Siili Solutions Plc now holds a total of 20 318 shares
    including the shares repurchased on 30.6.2025  
         
    The share buybacks are executed in compliance with Regulation 
    No. 596/2014 of the European Parliament and Council (MAR) Article 5
    and the Commission Delegated Regulation (EU) 2016/1052.
         
    On behalf of Siili Solutions Plc    
         
    Nordea Bank Oyj    
         
    Sami Huttunen Ilari Isomäki  
         
    Further information:    
    CFO Aleksi Kankainen    
    Email: aleksi.kankainen@siili.com    
    Tel. +358 50 584 2029    
         
    www.siili.com    
         

    Attachment

    The MIL Network –

  • MIL-OSI: International Petroleum Corporation Updated Share Capital

    Source: GlobeNewswire (MIL-OSI)

    International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) reports the following, in accordance with the Swedish Financial Instruments Trading Act:

    Following the cancellation of 288,027 common shares repurchased by IPC under the normal course issuer bid / share repurchase program, the total number of issued and outstanding common shares of the Corporation is 113,354,532 common shares with voting rights as at June 30, 2025 and IPC holds no common shares in treasury.

    International Petroleum Corp. (IPC) is an international oil and gas exploration and production company with a high quality portfolio of assets located in Canada, Malaysia and France, providing a solid foundation for organic and inorganic growth. IPC is a member of the Lundin Group of Companies. IPC is incorporated in Canada and IPC’s shares are listed on the Toronto Stock Exchange (TSX) and the Nasdaq Stockholm exchange under the symbol “IPCO”.

    For further information, please contact:

    Rebecca Gordon
    SVP Corporate Planning and Investor Relations
    rebecca.gordon@international-petroleum.com
    Tel: +41 22 595 10 50

    Or

    		 Robert Eriksson
    Media Manager
    reriksson@rive6.ch
    Tel: +46 701 11 26 15

    This information is information that International Petroleum Corporation is required to make public pursuant to the Swedish Financial Instruments Trading Act. The information was submitted for publication, through the contact persons set out above, at 17:30 CEST on June 30, 2025.

    Attachment

    The MIL Network –

  • MIL-OSI: Robinhood Launches Stock Tokens, Reveals Layer 2 Blockchain, and Expands Crypto Suite in EU and US with Perpetual Futures and Staking

    Source: GlobeNewswire (MIL-OSI)

    Robinhood Stock Tokens will allow EU customers to get exposure to the US stock market

    Robinhood will also launch a new Layer 2 blockchain to power the tokenization of Real World Assets

    MENLO PARK, Calif., June 30, 2025 (GLOBE NEWSWIRE) — Today, at Robinhood Presents: To Catch a Token in Cannes, France, we unveiled a suite of new products that mark a major step forward for crypto. From expanding Robinhood to over 400 million people across 30 EU and EEA countries, to launching stock and ETF tokens, we’re building toward a future where investing is simpler, smarter, and more accessible worldwide.

    “Our latest offerings lay the groundwork for crypto to become the backbone of the global financial system,” said Robinhood Chairman and CEO Vlad Tenev.

    Tokenization and Layer 2 Blockchain

    We’ve launched US stock and ETF tokens in the EU, giving eligible customers exposure to US equities with Robinhood Stock Tokens—featuring zero commissions or added spreads from Robinhood (other fees may apply), dividend support, and 24/5 access. With tokenized stocks, our European app transitions from being a crypto-only app to an all-in-one investment app powered by crypto.

    European customers will have access to 200+ US stock and ETF tokens. Stock token holders will also receive dividend payments directly in their app.

    “Crypto was built by engineers for engineers, and has not been accessible to most people,” said Johann Kerbrat, GM and SVP of Robinhood Crypto. “We’re onboarding the world to crypto by making it as easy to use as possible—with the goal of bringing powerful tools into one intuitive platform.”

    Stock tokens will initially be issued on Arbitrum. In the future, tokenized stocks will be facilitated by our very own Robinhood Layer 2 blockchain, based on Arbitrum. Currently in development, the Robinhood blockchain will be optimized for tokenized real-world assets and built to support 24/7 trading, seamless bridging, and self-custody.

    Perpetual Futures

    We are introducing crypto perpetual futures in the EU, where we will offer eligible customers access to a new class of derivatives with continuous exposure and up to 3x leverage. Perpetuals will be 100% rolled out to eligible customers by the end of the summer. Designed to help reduce the complexity typically associated with trading perpetuals, we built our interface with intuitive controls for setting position size and managing margin. Orders are routed through Bitstamp’s perpetual futures exchange.

    This launch will mark an important step in serving active traders across the globe with advanced trading tools in an intuitive platform.

    Crypto Staking in the US

    Crypto staking is launching to eligible US customers, starting with Ethereum and Solana. With our user-friendly interface, you can now participate in blockchain ecosystems and access competitive reward rates by contributing to network operations. Crypto staking is also available to all Robinhood customers in the EU and EEA.

    Expanded Product Suite

    There’s more—we’ve rolled out a suite of new products to make trading crypto on Robinhood even more powerful and seamless.

    • Instant Boost on Crypto Deposits: For a limited time, U and EU investors can transfer crypto into Robinhood and earn a 1% deposit boost—with the chance to double it to 2% if total deposits hit the $500M goal.
    • Crypto Credit Card Rewards: The Robinhood Gold Credit Card gives US customers cash back on purchases—across all categories. Coming this fall, customers can use those rewards to purchase crypto automatically.
    • Cortex for Crypto: Our US feature, Cortex, an AI-powered investing assistant, will be available later this year. Robinhood Gold members can see curated insights, trends, and event-driven market analysis right inside each token’s detail page. It’s designed to help customers quickly understand price movement and market shifts in real time.
    • Smart Exchange Routing: Smart exchange routing evaluates multiple partner exchanges and routes your order to get the best available price across them. Soon, all orders placed through Smart Exchange Routing will qualify for fee tiers, meaning the more you trade, the lower your rate— based on your trailing 30-day trading volume. API support is coming soon.
    • Tax Lots: US customers can also now view and sell specific tax lots for crypto trades, allowing you to strategically choose which lots to sell.
    • Advanced Charts: Advanced charts from Robinhood Legend are coming to mobile, starting with equities and expanding to crypto in August.

    To learn more about today’s announcements, visit go.robinhood.com/presents.

    Disclosures:

    Terms apply. Eligibility and restrictions vary by region.

    US stock and ETF tokens and crypto perpetual futures trading involves significant risk and is not appropriate for all investors. Please carefully consider if investing in such financial instruments is appropriate for you based on your specific experience, risk tolerance, and financial situation. Restrictions and eligibility requirements apply.

    Staking is not available in every state.

    To Catch a Token is sponsored by Robinhood Europe, UAB (“RHEU”). RHEU (company code: 306377915) is authorized and regulated by the Bank of Lithuania (“BoL”) as a financial brokerage firm and a crypto-asset service provider. RHEU’s registered address is: Mėsinių 5, LT-01133 Vilnius, Lithuania; address for correspondence: Konstitucijos pr, 21A (QUADRUM East), LT-08130, Vilnius, Lithuania; website.

    Cryptocurrency services in the US are offered through an account with Robinhood Crypto, LLC (NMLS ID 1702840). Robinhood Crypto, LLC (“RHC”) is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Cryptocurrency held through Robinhood Crypto is not FDIC insured or SIPC protected.

    Robinhood Gold Visa® Credit Card is offered by Robinhood Credit, Inc. (“RCT”), and is issued by Coastal Community Bank, pursuant to a license from Visa U.S.A. Inc. RCT is a financial technology company, not a bank. Must have Robinhood Financial brokerage account to redeem crypto. See Robinhood Gold Card Rewards Program Rules for detail and other redemption options. Rewards Program Rules are subject to change. The Gold Card requires an annual Robinhood Gold subscription to apply and maintain the card and does not include a 30 day free trial.

    Robinhood Gold is a subscription-based membership program of premium services offered through Robinhood Gold, LLC (“RHG”).

    US Deposit boost is paid in cash into your self-directed individual brokerage account and applies to eligible net crypto deposits from an external address to your crypto account between June 24 and July 7, 2025. Any 2% bonus will be applied retroactively to your net eligible deposits once the combined net crypto deposits across the Robinhood Platform exceeds $500M during the promotion period. Potential bonus deductions will be pulled from your self-directed individual brokerage account. Bonus offered by Robinhood Crypto, LLC. Cryptocurrency held through Robinhood Crypto is not FDIC insured or SIPC protected. See terms and conditions.

    EU Bonus is paid in crypto and applies to eligible net crypto deposits from an external address to your account between 28 May to 7 July, 2025. Excludes deposits of USDC and EURC. Any 2% bonus will be applied retroactively to your eligible deposits once the combined net crypto deposits across the Robinhood Platform exceeds $500M during the promotion period. Dollar value of crypto deposits is determined by Robinhood in its reasonable discretion based on applicable market rates. You cannot trade or withdraw your bonus for 1 year. Other terms apply.

    All investments involve risk and loss of principal is possible.

    Robinhood Financial LLC (“RHF”) (member SIPC), is a registered broker-dealer.

    Robinhood Cortex showcases a conceptual framework illustrating how Robinhood envisions the integration of traditional investing tools with Artificial Intelligence (‘AI’). Currently, Robinhood Cortex is designed to incorporate AI but Trade Builder does not. There is no guarantee that AI will improve investing performance, mitigate risk, or reduce losses.

    RHEU, RHC, RCT, RHG and RHF are separate but affiliated entities and are wholly owned subsidiaries of Robinhood Markets, Inc. (‘Robinhood’).

    About Robinhood

    Robinhood Markets, Inc. (NASDAQ: HOOD) transformed financial services by introducing commission-free stock trading and democratizing access to the markets for millions of investors. Today, Robinhood lets you trade stocks, options, futures (which includes options on futures, swaps, and event contracts), and crypto, invest for retirement, and earn with Robinhood Gold. Headquartered in Menlo Park, California, Robinhood puts customers in the driver’s seat, delivering unprecedented value and products intentionally designed for a new generation of investors. Additional information about Robinhood can be found at www.robinhood.com.

    A Cautionary Note Regarding Forward-Looking Statements

    This blog post includes forward-looking statements about Robinhood Markets, Inc. (together with its consolidated subsidiaries, “Robinhood,” “we,” or the “Company”), including statements regarding our planned product launches and developments, including our Layer 2 blockchain, tokenized stocks and ETFs, crypto perpetual futures and staking, Cortex, and other upcoming features. These statements are based on current assumptions and subject to risks and uncertainties that could cause actual results to differ materially from those anticipated. Such risks include, but are not limited to, regulatory developments, market demand, legal challenges, technological changes, and economic conditions. Our forward-looking statements are subject to a number of known and unknown risks, uncertainties, assumptions, and other factors that may cause our actual future results, performance, or achievements to differ materially from any future results expressed or implied in this blog post. Because some of these risks and uncertainties cannot be predicted or quantified and some are beyond our control, you should not rely on our forward-looking statements as predictions of future events. More information about potential risks and uncertainties that could affect our business and financial results can be found in the “Risk Factors” section in Part I, Item 1A of our Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, and in other filings with the U.S. Securities and Exchange Commission at www.sec.gov. Except as otherwise noted, all forward-looking statements in this blog post are made as of the date of this blog post, June 30, 2025, and are based on information and estimates available to us at this time. Except as required by law, we assume no obligation to update any of the statements in this blog post whether as a result of any new information, future events, changed circumstances, or otherwise. You should read this blog post with the understanding that our actual future results, performance, events, and circumstances might be materially different from what we expect.

    © 2025 Robinhood

    Contacts

    Investor Relations
    ir@robinhood.com 

    Media
    press@robinhood.com

    Photos accompanying this announcement are available at: 

    https://www.globenewswire.com/NewsRoom/AttachmentNg/d0ff35df-ed50-4cc0-98c8-97ba8ee6aa33

    https://www.globenewswire.com/NewsRoom/AttachmentNg/2a752aac-2ca9-4e66-9cf3-af87513160ce

    https://www.globenewswire.com/NewsRoom/AttachmentNg/903feb9a-4a24-4da9-9b8d-39751210a515

    https://www.globenewswire.com/NewsRoom/AttachmentNg/ecd2144a-7583-4e25-b27e-6bce6e4cc563

    The MIL Network –

  • MIL-OSI: Lightchain AI Enters Final Bonus Round After Raising $21M Ahead of July 2025 Mainnet Launch

    Source: GlobeNewswire (MIL-OSI)

    SHREWSBURY, United Kingdom, June 30, 2025 (GLOBE NEWSWIRE) — Lightchain AI, the AI-native blockchain protocol enabling intelligent on-chain computation, has officially entered its Final Bonus Round after successfully raising over $21 million across 15 structured presale stages. This marks the last opportunity for early participants to access the platform before its mainnet launch in July 2025.

    With a mission to enable autonomous intelligence on-chain, Lightchain AI is building decentralized infrastructure optimized for real-time artificial intelligence execution. By combining AI-specialized computation, scalable architecture, and a fair validator-driven consensus model, the platform offers developers, builders, and researchers a robust foundation for next-generation decentralized AI applications.

    A Blockchain Purpose-Built for AI

    At the heart of Lightchain AI is its Artificial Intelligence Virtual Machine (AIVM)—a next-gen execution environment tailored for AI logic, machine learning workflows, and intelligent agents. Paired with a novel Proof of Intelligence (PoI)consensus mechanism, the protocol incentivizes nodes to perform useful AI computation that strengthens the network while enabling practical, real-world use cases.

    Lightchain AI’s infrastructure supports low-latency processing, seamless scalability through sharding, and transparent AI operations auditable via its Transparent AI Framework. From data analytics to autonomous decision-making, the network provides an end-to-end environment for deploying AI in a decentralized, accountable, and secure way.

    Community-Led Ecosystem Development

    A defining characteristic of Lightchain AI’s growth is its commitment to transparency and community-first token distribution. The initial 5% team token allocation has been fully reallocated to ecosystem growth, developer grants, validator support, and infrastructure funding. This move reinforces the project’s builder-centric approach and long-term decentralization goals.

    In preparation for mainnet, Lightchain AI has launched a $150,000 grant program to support developers building tools, dApps, and infrastructure. The platform’s Developer Portal offers streamlined onboarding through accessible APIs, SDKs, and comprehensive documentation. Meanwhile, Lightchain’s public GitHub repositories are set to go live shortly, enabling open-source contributions and transparent development.

    Final Bonus Round Now Live

    With over $21 million already raised, Lightchain AI has now opened its Final Bonus Round—an exclusive phase for contributors who missed the initial presale stages. This round offers fixed pricing and access to unique ecosystem incentives designed to reward early community participation.

    “We’re proud of the incredible support Lightchain AI has received from the community, investors, and developers,” said a Lightchain AI spokesperson. “The Final Bonus Round is the last opportunity to join the network before we launch mainnet and begin onboarding intelligent dApps at scale.”

    Key Milestones Ahead

    As the Lightchain AI team approaches mainnet readiness, several milestones are planned for Q3 2025:

    • Mainnet Launch: Scheduled for July 2025
    • GitHub Repository Launch: Imminent for open-source development
    • Validator Node Program: Actively onboarding global participants
    • Developer Toolkits: Available now via the Developer Portal
    • Ecosystem Grants: Ongoing through the $150K grant pool

    By fusing blockchain’s decentralization with AI’s computational power, Lightchain AI is pioneering an entirely new category of infrastructure—one where intelligence is not just on-chain, but autonomous, efficient, and equitable.

    Learn More and Participate

    Lightchain AI invites all builders, researchers, validators, and contributors to join the Final Bonus Round and become part of a decentralized intelligence revolution.

    Website: https://lightchain.ai
    Whitepaper: https://lightchain.ai/lightchain-whitepaper.pdf
    Twitter/X: https://x.com/LightchainAI
    Telegram: https://t.me/LightchainProtocol

    Contact:
    SHAJAN SKARIA
    media@lightchain.ai

    Disclaimer: This content is provided by Lightchain AI. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e5208f87-7f92-44ac-a022-271a528db956

    The MIL Network –

  • MIL-OSI United Kingdom: Security and trade at heart of Foreign Secretary visit to Ankara

    Source: United Kingdom – Executive Government & Departments 3

    Press release

    Security and trade at heart of Foreign Secretary visit to Ankara

    UK visit to Turkey to bolster defence and security ties

    • David Lammy will visit Ankara to underscore close trade and security links between UK and Turkey during first bilateral visit to the country.  
    • Foreign Secretary to meet with Turkish Foreign Minister Fidan to discuss the situation in the Middle East and Russia’s illegal war in Ukraine.  
    • Visit comes as negotiations begin over new free trade agreement to supercharge UK-Turkey trade and deliver growth through the Plan for Change.

    The UK’s deep security and trade links with Turkey are set to be further strengthened as the Foreign Secretary, David Lammy, visits Ankara today [Monday 30 June].  

    In his first bilateral visit to the country, the Foreign Secretary will seek to advance UK-Turkish efforts on shared priorities, including joint work on regional security and the deepening of UK-Turkey trade and defence ties. 

    While in Ankara, the Foreign Secretary will meet Turkish Foreign Minister Hakan Fidan to discuss stability in the Middle East and efforts to secure a just, lasting peace in Ukraine following Russia’s illegal invasion. As close NATO allies, the UK and Turkey are working together to push for diplomatic solutions and an end to ongoing violence which threatens regional and global security.   

    As set out in the recent National Security Strategy, security and defence collaboration with Turkey is imperative to UK security interests. This includes joint work on the prospective export of Eurofighter Typhoons to Turkey, and the government is clear that welcoming Turkey as a Typhoon operator will build on the bonds of friendship developed over many decades between key NATO Allies.  

    Our cooperation with Turkey also delivers our security objectives of tackling global challenges such as terrorism, serious organised crime and irregular migration.

    The strengthening of the UK-Turkey trading relationship will also be a key priority for the Foreign Secretary, with his visit coming as the UK and Turkey begin negotiations over a new Free Trade Agreement (FTA) designed to unlock more opportunities for British and Turkish businesses.   

    UK-Turkey trade was worth almost £28 billion in 2024 and directly supports tens of thousands of UK jobs – furthering strengthening this relationship is a priority for the Foreign Secretary and will help to stimulate UK economic growth, a key part of the Prime Minister’s Plan for Change.  

    Foreign Secretary, David Lammy, said:  

    In an increasingly volatile world, the UK and Turkey remain the closest of friends and partners as we work together to find peaceful solutions to conflict in the Middle East and Russia’s illegal invasion of Ukraine.  

    Ours is a relationship which delivers directly for Turkish and British citizens at home – trade between our nations is responsible for thousands of jobs, while our security and defence links help keep our people safe.  

    During his visit, the Foreign Secretary will see a range of Turkish produced armoured vehicles built using UK-made safety equipment and engines at the Nurol Makina factory.   

    Later, at Ankara Airport, he will meet with Country President Simon Ward from aerospace company, Airbus, to mark a recent deal between Airbus and Turkish cargo airline MNG Airlines for commercial aircraft containing British-made Rolls Royce engines, worth hundreds of millions to the UK and Turkish economies.

    Updates to this page

    Published 30 June 2025

    MIL OSI United Kingdom –

  • MIL-OSI Canada: Secretary of State Sarai concludes participation in the Fourth International Conference on Financing for Development

    Source: Government of Canada News (2)

    June 30, 2025 – Ottawa, Ontario – Global Affairs Canada

    Access to development financing is essential to help countries thrive. It grows businesses, creates jobs, and builds a more secure future for families and communities at home and abroad. It also plays a critical role in supporting underserved communities in emerging markets as they make progress toward achieving the Sustainable Development Goals (SDGs).

    To help drive progress on these priorities, the Honourable Randeep Sarai, Secretary of State (International Development), today participated in the Fourth International Conference on Financing for Development (FfD4), a high-level UN event, taking place from June 30 to July 3, 2025, in Sevilla, Spain.

    At the conference, Secretary of State Sarai reaffirmed Canada’s commitment to sustainable development and to building a more inclusive international financing system. As a clear example of this commitment, Canada contributed The Common Principles for Private Capital Mobilization to the Sevilla Platform for Action. Canada is co-leading this work alongside France, Germany, Italy and the United Kingdom. The Common Principles will serve as a road map for Canada and others to mobilize private capital for sustainable development now and into the future.

    Secretary of State Sarai also announced 3 initiatives aimed at mobilizing sustainable investments in emerging markets. They are as follows:

    • The Blended Finance Accelerator for Fund Managers (A4FM) is a $10-million project in partnership with Convergence Blended Finance Inc. The project aims to increase the mobilization of private capital for blended finance funds—that is, a mix of private and public investment—improving the livelihoods of those in underserved communities in developing markets. The project supports gender inclusive investment strategies through knowledge building, repayable grants and tailored technical assistance
    • Support to the Integrated National Financing Frameworks (INFF) Facility is a $2-million project in partnership with the United Nations Development Programme. This project aims to address the persistent misalignment between financial systems and SDGs. The INFF offers a structured approach to align diverse financial flows with sustainable development priorities
    • Funding the Future: Domestic Resource Mobilization in a Digital Economy is a $5-million project in partnership with the Organisation for Economic Co-operation and Development’s Centre for Tax Policy and Administration. The project will help developing countries enhance domestic resource mobilization through a comprehensive technical assistance program, which includes support for implementing international standards to raise revenues from multinational enterprises, exchange information to combat illicit financial flows and implement measures to fight financial crime. The project will also mobilize international expertise to provide data, training, guidance and practical support to developing countries across a range of issues related to digitalization

    Following Secretary of State Sarai’s departure, Bob Rae, Ambassador and Permanent Representative of Canada to the United Nations in New York, who also attended the conference, highlighted Scaling Capital for Sustainable Development (SCALED) on his behalf. Canada is contributing approximately $50 million to the SCALED initiative.

    SCALED will help address major barriers to private sector investment in developing countries by simplifying and standardizing blended finance structures, as well as quickly and efficiently get investments to market in support of the SDGs.

    These investments demonstrate Canada’s commitment to mobilizing all sources of finance. Combined private and public investment strengthens economic growth and stability in developing markets, helping achieve the SDGs.

    MIL OSI Canada News –

  • MIL-OSI Canada: Canada and Germany wrap up a milestone year of global collaboration as Eureka Network co-chairs

    Source: Government of Canada News (2)

    June 30, 2025 – Ottawa, Ontario – National Research Council of Canada

    After a groundbreaking year, Canada and Germany concluded their historic co-chairship of the Eureka Network. For the first time in the network’s history, 2 countries jointly led the world’s largest public network for research and innovation. 

    The National Research Council of Canada (NRC) and Germany’s Federal Ministry of Research, Technology and Space (BMFTR) led the year-long co-chairship, which ran from July 1, 2024, to June 30, 2025. Together, the co-chairs advanced the strategic goals of Eureka, facilitated new partnerships, and supported research and innovation projects across various industries and countries.

    Major milestones from the Canada-Germany Eureka co-chairship:

    • Circular Value Creation (CVC) call for proposals: A key initiative of the co-chairship focused on sustainability and resource efficiency, inviting participation from 17 countries. This is the largest joint call across Eureka in its history. The CVC call remains open until September 2025, providing exciting opportunities for innovators to work with international partners in the circular economy space.
    • Expanded global partnerships: One of the co-chairship’s most significant achievements was the strategic expansion of Eureka’s role within both the European and global innovation ecosystems. This includes the development of a joint action plan to strengthen cooperation between Eureka and the European Union in the medium to long term. The year also included the successful re-association of Singapore, which further enhances Eureka’s global outreach and fosters greater cross-regional collaboration. 
    • Impactful research and innovation opportunities: During the co-chairship, Eureka initiated several innovative bilateral and multilateral calls for proposals, focusing on areas such as light weighting and disaster resilience for climate solutions. These calls paved the way for groundbreaking innovation in addressing critical global challenges.
    • Eureka Global Innovation Summit 2025: A key highlight of the co-chairship was the Eureka Global Innovation Summit (GIS), held in April 2025 during Hannover Messe. The summit attracted more than 900 participants from around the world, including government ministers, industry leaders, and R&D experts. Canada had a strong delegation of companies who took full advantage of matchmaking opportunities, pitching sessions, and various B2B engagements designed to help create connections with potential R&D partners.

    Looking ahead 

    With the conclusion of the Canada–Germany co-chairship, the baton has officially passed to Switzerland for the 2025–2026 term. Canada remains fully committed to global collaborative innovation. As we move forward, we will continue to work side by side with our global partners — going further together.

    MIL OSI Canada News –

  • MIL-OSI: Notice of AGM

    Source: GlobeNewswire (MIL-OSI)

    30th June 2025                                                           LEI: 213800NNT42FFIZB1T09

    Foresight Group Holdings Limited

    (the “Company“)

    Publication of the Rule 9 Waiver Circular and Notice of Annual General Meeting

    The Company today announces that notice of its 2025 annual general meeting incorporating a Rule 9 waiver circular (the “Notice of AGM“) and form of proxy have been published on and are available to download from the Company’s website at www.fsg-investors.com. The proxy will also be posted to shareholders today.

    Annual General Meeting

    The Company’s Annual General Meeting will be held at 4:30 p.m. on 31st July 2025 at La Fregate, Les Cotils, St Peter Port, Guernsey, Channel Islands, GY1 1UT.

    National Storage Mechanism

    Copies of the Notice of AGM and the form of proxy will be submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

    For further information please contact:

    The MIL Network –

  • MIL-OSI USA: On Senate Floor, Rosen Speaks Out Against Extreme Republican Bill to Strip Health Care from Americans, Hurt Nevada

    US Senate News:

    Source: United States Senator Jacky Rosen (D-NV)

    Rosen: “This DC Republican bill is extreme. It’s cruel. And it’s not what the American people want. They want lower costs. They want economic security. They want their kids to have care when they’re sick, and a fair shot to thrive. They don’t want their future sold off to billionaires.”

    Watch Senator Rosen’s Full Remarks HERE.
    WASHINGTON, DC – U.S. Senator Jacky Rosen (D-NV) took to the Senate floor to speak out against Senate Republicans’ extreme tax and spending bill, which will severely harm Nevada families by ripping away Medicaid and food assistance from millions of Americans, all to pay for more tax cuts for major corporations and the ultra-wealthy.
    Below are excerpts of Senator Rosen’s floor remarks:
    I rise today to express my strong opposition to the devastating and dangerous tax and spending bill that Senate Republicans are trying to jam through this weekend on a party-line vote, a bill that will gut essential programs like Medicaid and SNAP, just to pay for even more tax breaks for billionaires.
    Let’s be clear about what’s happening here. This Big Beautiful Betrayal isn’t about fiscal discipline – it’s fiscally reckless. It’s not about responsibility or doing what’s best for average Americans. It’s about misguided priorities. It’s about giving more to the ultra-wealthy on the backs of hardworking families.
    […]
    Earlier this year, I held a roundtable in Las Vegas with Nevada families who rely on Medicaid – not as a talking point, not as a “pay for” in a budget bill – but as a lifeline.
    I talked to people like Jessica, whose daughter Kay is four years old, and she was born with Down Syndrome and was recently diagnosed with Type 1 diabetes. 
    Jessica relies on Medicaid to help cover the cost of weekly physical, speech, and occupational therapies for Kay, all of which are responsible for helping her learn to walk, to use utensils, to write her own name.
    Kay also has a cardiologist and an endocrinologist to manage conditions related to her Down Syndrome. Medicaid covers those doctors. 
    It covers her insulin. And it covers the insulin pump that allows Jessica to manage her daughter’s diabetes around the clock — because Kay can’t communicate when her blood sugar is dangerously high or low.
    Jessica said something at that roundtable I’ll never forget. 
    She told me, QUOTE: I can’t imagine losing Medicaid… obviously I’m going to have to give up something, because I’m not gonna let her go without insulin and the lifesaving care that she needs. I can’t imagine having to think about what I’d have to cut or what I’d have to do in order to pay for the lifesaving care that she needs and deserves.” END QUOTE.
    […]
    This bill would also slash SNAP, the nutrition program that helps nearly one in six Nevadans put food on the table — and most of those recipients are children.
    When they cut this program, what are families supposed to do? How will they put food on the table? 
    And it doesn’t stop there. This bill threatens thousands of good-paying, union jobs in Nevada and across the country by letting critical tax credits for solar and wind projects expire before those projects can even get off the ground.
    In Nevada, we have more solar jobs per capita than any other state, and enough solar energy to power nearly one point three million homes. This bill will decimate this growing industry.
    And on top of that, Republicans have included an additional new tax on wind and solar projects, which won’t just kill the industry, it’ll raise energy prices for hardworking families. 
    All of this is causing companies across the country to stall or cancel projects over the uncertainty of losing access to these credits. That means fewer jobs, less investment, and more families left wondering how they’ll make ends meet.
    We’re talking about an industry that supports two hundred and eighty thousand American workers–electricians, technicians, construction crews–and we’re pulling the rug out from under them and killing thousands of clean energy jobs.
    Anyone who supports this bill is not pro-worker. They are not looking out for underdogs…for hardworking families. They’re focused on making the rich richer. 
    […]
    I will not stand by and let Nevada’s families lose access to their health care, and food assistance, and jobs, all so billionaires can pad their pockets.
    And let’s remember what we did when DEMOCRATS used the reconciliation process. 
    We expanded health insurance subsidies and gave Medicare authority to negotiate lower drug prices. We invested in clean energy. We cut costs for families, instead of cutting lifelines.
    This DC Republican bill is extreme. It’s cruel. And it’s not what the American people want.
    They want lower costs. They want economic security. They want their kids to have care when they’re sick, and a fair shot to thrive. They don’t want their future sold off to billionaires.
    So I say to my Republican colleagues: don’t turn your backs on families who need it the most. Don’t gut Medicaid to give billionaires a tax cut.
    The American people deserve better. And I will fight every step of the way to make sure they get it.

    MIL OSI USA News –