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Category: Business

  • MIL-Evening Report: Celebrities, blue jeans and couture: how Anna Wintour changed fashion over 37 years at Vogue

    Source: The Conversation (Au and NZ) – By Jye Marshall, Lecturer, Fashion Design, School of Design and Architecture, Swinburne University of Technology

    After 37 years at the helm, fashion industry heavyweight Anna Wintour is stepping down from her position as editor-in-chief of American Vogue.

    It’s not a retirement, though, as Wintour will maintain a leadership position at global fashion and lifestyle publisher Condé Nast (the owner of Vogue and other publications, such as Vanity Fair and Glamour).

    Nonetheless, Wintour’s departure from the US edition of the magazine is a big moment for the fashion industry – one which she has single-handedly changed forever.

    Fashion mag fever

    Fashion magazines as we know them today were first formalised in the 19th century. They helped establish the “trickle down theory” of fashion, wherein trends were traditionally dictated by certain industry elites, including major magazine editors.

    In Australia, getting your hands on a monthly issue meant rare exposure to the latest European or American fashion trends.

    Vogue itself was established in New York in 1892 by businessman Arthur Baldwin Turnure. The magazine targeted the city’s elite class, initially covering various aspects of high-society life. In 1909, Vogue was acquired by Condé Nast. From then, the magazine increasingly cemented itself as a cornerstone of the fashion publishing.

    Cover of a 1921 edition of Vogue.
    Wikimedia, CC BY

    The period following the second world war particularly opened the doors to mass fashion consumerism and an expanding fashion magazine culture.

    Wintour came on as editor of Vogue in 1988, at which point the magazine became less conservative, and more culturally significant.

    Not afraid to break the mould

    Fashion publishing changed as a result of Wintour’s bold editorial choices – especially when it came to the magazine’s covers. Her choices both reflected, and dictated, shifts in fashion culture.

    Wintour’s first cover at Vogue, published in 1988, mixed couture garments (Christian Lacroix) with mainstream brands (stonewashed Guess jeans) – something which had never been done before. It was also the first time a Vogue cover had featured jeans at all – perfectly setting the scene for a long career spent pushing the magazine into new domains.

    Wintour also pioneered the centring of celebrities (rather than just models) within fashion discourse. And while she leveraged big names such as Beyonce, Madonna, Nicole Kidman, Kate Moss, Michelle Obama and Oprah Winfrey, she also featured rising stars as cover models – often helping propel their careers in the process.

    Wintour’s legacy at Vogue involved elevating fashion from a frivolous runway to a powerful industry, which is not scared to make a statement. Nowhere is this truer than at the Met Gala, which is held each year to celebrate the opening of a new fashion exhibit at the Metropolitan Museum of Art’s Costume Institute.

    The event started as a simple fundraiser for the Met in 1948, before being linked to a fashion exhibit for the first time in 1974.

    Wintour took over its organisation in 1995. Her focus on securing exclusive celebrity guests helped propel it to the prestigious event it is today.

    This year’s theme for the event was Superfine: Tailoring Black Style. In a time where the US faces great political instability, Wintour was celebrated for her role in helping elevate Black history through the event.

    Not without controversy

    However, while her cultural influence can’t be doubted, Wintour’s legacy at American Vogue is not without fault.

    Notably, her ongoing feud with animal rights organisation PETA – due to the her unwavering support for fur – has bubbled in the background since the heydays of the anti-fur movement.

    Wintour has been targeted directly by anti-fur activists, both physically (she was hit with a tofu cream pie in 2005 while leaving a Chloe show) and through numerous protests.

    This issue was never resolved. Vogue has continued to showcase and feature fur clothing, even as the social license for using animal materials starts to run out.

    Fashion continues to grow increasingly political. How magazines such as Vogue will engage with this shift remains to be seen.

    A changing media landscape

    The rise of fashion blogging in recent decades has led to a wave of fashion influencers, with throngs of followers, who are challenging the unidirectional “trickle-down” structure of the fashion industry.

    Today, social media platforms have overtaken traditional media influence both within and outside of fashion. And with this, the power of fashion editors such as Wintour is diminishing significantly.

    Many words will flow regarding Wintour’s departure as editor-in-chief, but nowhere near as many as what she oversaw at the helm of the world’s biggest fashion magazine.

    Rachel Lamarche-Beauchesne has been affiliated with the Animal Justice Party.

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

    – ref. Celebrities, blue jeans and couture: how Anna Wintour changed fashion over 37 years at Vogue – https://theconversation.com/celebrities-blue-jeans-and-couture-how-anna-wintour-changed-fashion-over-37-years-at-vogue-259989

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Russia: Tour operators from China and Belarus are interested in cooperation in the cross-border tourism sector

    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 27 (Xinhua) — Travel companies from northwest China’s Xinjiang Uygur Autonomous Region and Belarus are interested in cooperation in the cross-border tourism sector, the Urumqi Evening Newspaper reported.

    On Tuesday, a meeting of representatives of local tourism companies with colleagues from the Belarusian enterprise “CenterKurort” took place in Urumqi (the administrative center of XUAR). The parties discussed issues related to the development of products in the field of cross-border tourism.

    According to Dong Mengying, sales manager of the Xinqiang-based travel agency Meicheng Online, health and wellness tours in Belarus and Belarusian castles, including Mir, Nesvizh and others, are very attractive to Chinese travelers. Tour operators from both sides plan to jointly develop routes for Chinese tourists.

    Let us recall that in February this year, a Xinjiang delegation, which included representatives of 12 local travel agencies, took part in the presentation of China’s tourism opportunities in Minsk. Xinjiang’s unique geographical advantages, its rich tourism resources and convenient visa policy aroused great interest among Belarusian tour operators.

    “We and our Belarusian colleagues have preliminarily developed seven routes that connect the city of Xi’an, Xinjiang, Kazakhstan and Belarus,” said Wu Feng, chairman of the Xinjiang Association of Tour Operators.

    According to him, the Chinese tourism market is huge. The two sides should step up cooperation in product development and marketing to increase tourism flow. -0-

    MIL OSI Russia News –

  • MIL-OSI Analysis: Celebrities, blue jeans and couture: how Anna Wintour changed fashion over 37 years at Vogue

    Source: The Conversation – Global Perspectives – By Jye Marshall, Lecturer, Fashion Design, School of Design and Architecture, Swinburne University of Technology

    After 37 years at the helm, fashion industry heavyweight Anna Wintour is stepping down from her position as editor-in-chief of American Vogue.

    It’s not a retirement, though, as Wintour will maintain a leadership position at global fashion and lifestyle publisher Condé Nast (the owner of Vogue and other publications, such as Vanity Fair and Glamour).

    Nonetheless, Wintour’s departure from the US edition of the magazine is a big moment for the fashion industry – one which she has single-handedly changed forever.

    Fashion mag fever

    Fashion magazines as we know them today were first formalised in the 19th century. They helped establish the “trickle down theory” of fashion, wherein trends were traditionally dictated by certain industry elites, including major magazine editors.

    In Australia, getting your hands on a monthly issue meant rare exposure to the latest European or American fashion trends.

    Vogue itself was established in New York in 1892 by businessman Arthur Baldwin Turnure. The magazine targeted the city’s elite class, initially covering various aspects of high-society life. In 1909, Vogue was acquired by Condé Nast. From then, the magazine increasingly cemented itself as a cornerstone of the fashion publishing.

    Cover of a 1921 edition of Vogue.
    Wikimedia, CC BY

    The period following the second world war particularly opened the doors to mass fashion consumerism and an expanding fashion magazine culture.

    Wintour came on as editor of Vogue in 1988, at which point the magazine became less conservative, and more culturally significant.

    Not afraid to break the mould

    Fashion publishing changed as a result of Wintour’s bold editorial choices – especially when it came to the magazine’s covers. Her choices both reflected, and dictated, shifts in fashion culture.

    Wintour’s first cover at Vogue, published in 1988, mixed couture garments (Christian Lacroix) with mainstream brands (stonewashed Guess jeans) – something which had never been done before. It was also the first time a Vogue cover had featured jeans at all – perfectly setting the scene for a long career spent pushing the magazine into new domains.

    Wintour also pioneered the centring of celebrities (rather than just models) within fashion discourse. And while she leveraged big names such as Beyonce, Madonna, Nicole Kidman, Kate Moss, Michelle Obama and Oprah Winfrey, she also featured rising stars as cover models – often helping propel their careers in the process.

    Wintour’s legacy at Vogue involved elevating fashion from a frivolous runway to a powerful industry, which is not scared to make a statement. Nowhere is this truer than at the Met Gala, which is held each year to celebrate the opening of a new fashion exhibit at the Metropolitan Museum of Art’s Costume Institute.

    The event started as a simple fundraiser for the Met in 1948, before being linked to a fashion exhibit for the first time in 1974.

    Wintour took over its organisation in 1995. Her focus on securing exclusive celebrity guests helped propel it to the prestigious event it is today.

    This year’s theme for the event was Superfine: Tailoring Black Style. In a time where the US faces great political instability, Wintour was celebrated for her role in helping elevate Black history through the event.

    Not without controversy

    However, while her cultural influence can’t be doubted, Wintour’s legacy at American Vogue is not without fault.

    Notably, her ongoing feud with animal rights organisation PETA – due to the her unwavering support for fur – has bubbled in the background since the heydays of the anti-fur movement.

    Wintour has been targeted directly by anti-fur activists, both physically (she was hit with a tofu cream pie in 2005 while leaving a Chloe show) and through numerous protests.

    This issue was never resolved. Vogue has continued to showcase and feature fur clothing, even as the social license for using animal materials starts to run out.

    Fashion continues to grow increasingly political. How magazines such as Vogue will engage with this shift remains to be seen.

    A changing media landscape

    The rise of fashion blogging in recent decades has led to a wave of fashion influencers, with throngs of followers, who are challenging the unidirectional “trickle-down” structure of the fashion industry.

    Today, social media platforms have overtaken traditional media influence both within and outside of fashion. And with this, the power of fashion editors such as Wintour is diminishing significantly.

    Many words will flow regarding Wintour’s departure as editor-in-chief, but nowhere near as many as what she oversaw at the helm of the world’s biggest fashion magazine.

    Rachel Lamarche-Beauchesne has been affiliated with the Animal Justice Party.

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

    – ref. Celebrities, blue jeans and couture: how Anna Wintour changed fashion over 37 years at Vogue – https://theconversation.com/celebrities-blue-jeans-and-couture-how-anna-wintour-changed-fashion-over-37-years-at-vogue-259989

    MIL OSI Analysis –

  • MIL-OSI Russia: Capital colleges increase number of employer partners

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    Over 800 employers became partners of the capital’s colleges during the past academic year. Their total number now exceeds 3.8 thousand. These are large industrial enterprises, developers and research institutes, said Anastasia Rakova, Deputy Mayor of Moscow for Social Development.

    “In Moscow, the education of college students is based on a practice-oriented approach. Already now, 70 percent of the time is devoted to acquiring professional skills in practice. We are also actively expanding the cooperation of colleges with leading companies in the capital to take into account the current demands of the labor market. Over the past academic year, the total number of partners has grown by 30 percent, exceeding 3.8 thousand. Among the new companies are large industrial enterprises, developers and research institutes. They participate in updating educational programs, developing standards for equipping laboratories and organizing industrial practices. Partners offer targeted training, internships for students and teachers, and also participate in career guidance events,” noted Anastasia Rakova.

    Employer partners

    This year, Moscow colleges began cooperation with large industrial enterprises and institutes, including Itelma, a leading domestic developer and manufacturer of electronic solutions for motor vehicles, Aeroflot Technics, the largest provider of aircraft maintenance and repair in Russia and other CIS countries, the All-Russian Research Institute of Automation named after N.L. Dukhov, the Research Institute of Molecular Electronics, and the engineering company ARCH. Thus, Aeroflot Technics plans a targeted recruitment of 90 students, and the All-Russian Research Institute of Automation named after N.L. Dukhov will select specialists in radio electronics.

    The Lemana PRO company has become one of the key partners in training personnel for the transport industry. The organization participates in the creation of relevant educational programs and conducts excursions at production facilities. An important area of cooperation has become the development of VR simulators. They allow students to improve their professional skills and get acquainted with various work situations while still studying at college.

    In the construction sector, one of the partners was Coldy, a multidisciplinary developer with 20 years of experience in implementing large-scale projects in Moscow. The company conducts internships and training for students of Moscow colleges and employs the best of them. The plans include organizing career guidance excursions for schoolchildren.

    “Participation in programs for training young personnel is part of the strategy of sustainable development and corporate social responsibility of the Coldy company. The success of the business directly depends on the qualifications of current and future employees. Cooperation with Moscow colleges solves two urgent problems: graduates receive the necessary practical competencies for a successful start of their career, and the company receives trained and adapted young specialists. The synergy of human resources and management practices allows us to create high-quality development projects for social, cultural and business activity,” said the company’s CEO Ivan Kashkin.

    The company “Nanosoft Development”, the Russian leader in the creation of software for automated design and information modeling. Its employees create programs for advanced training for teachers of construction colleges. It is planned that more than 200 teachers will undergo training in new design technologies.

    The flagship of the Moscow film cluster, the Moskino film park, has also become a platform for the development of students from the capital’s colleges. Since January of this year, student filming days have been held here. 70 young professionals have already taken part in them, having filmed 10 creative works. Students are mastering filming locations, special programs, attending lectures and master classes, using the film cluster’s facilities.

    In addition, the new partners include the Moscow Planetarium, Gazprom-Media Holding, Yandex Lavka service, Zhar-ptitsa film warehouse, CGF studio, Moscow City Social Treasury, Uzlovsky Dairy Plant, S.V. Obraztsov Puppet Theater, Museum of Contemporary History of Russia, G.M. Krzhizhanovsky Apartment Museum, State Museum of the East and other organizations.

    How the Moscow Film Cluster Helps Aspiring FilmmakersMore than 13 thousand students are mastering medical professions in the capital’s collegesHow Capital Colleges Collaborate with the Moscow Planetarium

    Since June 26, the city colleges have started admission campaign. Students from the capital will be able to apply for admission at mos.ru portalApplicants have the opportunity to simultaneously choose five specialties in one or several educational institutions.

    Detailed information about in-demand professions and specialties taught in the capital’s colleges is available on the website “Colleges of Moscow”, in the same names telegram channel and on the official page on the social network “VKontakte”. Practical classes for students of Moscow colleges take place in modern workshops and laboratories. This contributes to the formation and development of professional skills in students and corresponds to the objectives of the “Professionalism” project of the national project “Youth and Children”.

    Get the latest news quicklyofficial telegram channelthe city of Moscow.

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

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

    https: //vv.mos.ru/nevs/ite/155924073/

    MIL OSI Russia News –

  • MIL-Evening Report: Antoinette Lattouf win against ABC a victory for all truth-tellers

    By Isaac Nellist of Green Left Magazine

    Australian-Lebanese journalist and commentator Antoinette Lattouf’s unfair dismissal case win against the public broadcaster ABC in the Federal Court on Wednesday is a victory for all those who seek to tell the truth.

    It is a breath of fresh air, after almost two years of lies and uncritical reporting about Israel’s genocide from the ABC and commercial media companies.

    Lattouf was unfairly sacked in December 2023 for posting on her social media a Human Rights Watch report that detailed Israel’s deliberate starvation of Palestinians in Gaza.

    Justice Darryl Rangiah found that Lattouf had been sacked for her political opinions, given no opportunity to respond to misconduct allegations and that the ABC breached its Enterprise Agreement and section 772 of the Fair Work Act.

    The Federal Court also found that ABC executives — then-chief content officer Chris Oliver-Taylor, editor-in-chief David Anderson and board chair Ita Buttrose — had sacked Lattouf in response to a pro-Israel lobby pressure campaign.

    The coordinated email campaign from Zionist groups accused Lattouf of being “antisemitic” for condemning Israel’s genocide and ethnic cleansing of Gaza.

    The judge awarded Lattouf A$70,000 in damages, based on findings that her sacking caused “great distress”, and more than $1 million in legal fees.

    ‘No Lebanese’ claim
    Lattouf had alleged that her race or ethnicity had played a part in her sacking, which the ABC had initially responded to by claiming there was no such thing as a “Lebanese, Arab or Middle Eastern Race”, before backtracking.

    The court found that this did not play a part in the decision to sack Lattouf.

    The ABC’s own reporting of the ruling said “the ABC has damaged its reputation, and public perceptions around its ideals, integrity and independence”.

    Outside the court, Lattouf said: “It is now June 2025 and Palestinian children are still being starved. We see their images every day, emaciated, skeletal, scavenging through the rubble for scraps.

    “This unspeakable suffering is not accidental, it is engineered. Deliberately starving and killing children is a war crime.

    “Today, the court has found that punishing someone for sharing facts about these war crimes is also illegal. I was punished for my political opinion.”

    Palestine solidarity groups and democratic rights supporters have celebrated Lattouf’s victory.

    An ‘eternal shame’
    Palestine Action Group Sydney said: “It is to the eternal shame of our national broadcaster that it sacked a journalist because she opposed the genocide in Gaza.

    “There should be a full inquiry into the systematic pro-Israel bias at the ABC, which for 21 months has acted as a propaganda wing of the Israeli military.”

    Racial justice organisation Democracy in Colour said the ruling “exposes the systematic silencing taking place in Australian media institutions in regards to Palestine”.

    Democracy in Colour chairperson Jamal Hakim said Lattouf was punished for “speaking truth to power”.

    “When the ABC capitulated to pressure from the pro-Israel lobby . . .  they didn’t just betray Antoinette — they betrayed their own editorial standards and the Australian public who deserve to know the truth about Israel’s human rights abuses.”

    Noura Mansour, national director for Democracy in Colour, said the ABC had been “consistently shutting down valid criticism of the state of Israel” and suppressing the voices of people of colour and Palestinians. She said the national broadcaster had “worked to manufacture consent for the Israeli-US backed genocide”.

    Media, Entertainment and Arts Alliance chief executive Erin Madeley said: “Instead of defending its journalists, ABC management chose to appease powerful voices . . . they failed in their duty to push back against outside interference, racism and bullying.”

    Win for ‘journalistic integrity’
    Australian Greens leader Larissa Waters said the ruling was a win for “journalistic integrity and freedom of speech” and that “no one should be punished for speaking out about Gaza”.

    Green Left editor Pip Hinman said the ruling was an “important victory for those who stand on the side of truth and justice”.

    “It is more important than ever in an increasingly polarised world that journalists speak up and report the truth without fear of reprisal from the rich and powerful.

    “Traditional and new media have the reach to shape public opinion. They have had a clear pro-Israel bias, despite international human rights agencies providing horrific data on Israel’s genocide in Gaza.

    “Meanwhile, tens of thousands of people around Australia continue to call for an end to the genocide in Gaza in protests every week. But the ABC and corporate media have largely ignored this movement of people from all walks of life. Disturbingly, the corporate media has gone along with some political leaders who claim this anti-war movement is antisemitic.

    “As thousands continue to march every week for an end to the genocide in Gaza, the ABC and corporate media organisations have continued to push the lie that the Palestine solidarity movement, and indeed any criticism of Israel, is antisemitic.

    “Green Left also hails those courageous mostly young journalists in Gaza, some 200 of whom have been killed by Israel since October 2023.

    “Their livestreaming of Israel’s genocide cut through corporate media and political leaders’ lies and today makes it even harder for them to whitewash Israel’s crimes and Western complicity.

    “Green Left congratulates Lattouf on her victory. We are proud to stand with the movement for justice and peace in Palestine, which played a part in her victory against the ABC management’s bias.”

    Republished from Green Left Magazine with permission.

    MIL OSI Analysis – EveningReport.nz –

  • MIL-Evening Report: Antoinette Lattouf win against ABC a victory for all truth-tellers

    By Isaac Nellist of Green Left Magazine

    Australian-Lebanese journalist and commentator Antoinette Lattouf’s unfair dismissal case win against the public broadcaster ABC in the Federal Court on Wednesday is a victory for all those who seek to tell the truth.

    It is a breath of fresh air, after almost two years of lies and uncritical reporting about Israel’s genocide from the ABC and commercial media companies.

    Lattouf was unfairly sacked in December 2023 for posting on her social media a Human Rights Watch report that detailed Israel’s deliberate starvation of Palestinians in Gaza.

    Justice Darryl Rangiah found that Lattouf had been sacked for her political opinions, given no opportunity to respond to misconduct allegations and that the ABC breached its Enterprise Agreement and section 772 of the Fair Work Act.

    The Federal Court also found that ABC executives — then-chief content officer Chris Oliver-Taylor, editor-in-chief David Anderson and board chair Ita Buttrose — had sacked Lattouf in response to a pro-Israel lobby pressure campaign.

    The coordinated email campaign from Zionist groups accused Lattouf of being “antisemitic” for condemning Israel’s genocide and ethnic cleansing of Gaza.

    The judge awarded Lattouf A$70,000 in damages, based on findings that her sacking caused “great distress”, and more than $1 million in legal fees.

    ‘No Lebanese’ claim
    Lattouf had alleged that her race or ethnicity had played a part in her sacking, which the ABC had initially responded to by claiming there was no such thing as a “Lebanese, Arab or Middle Eastern Race”, before backtracking.

    The court found that this did not play a part in the decision to sack Lattouf.

    The ABC’s own reporting of the ruling said “the ABC has damaged its reputation, and public perceptions around its ideals, integrity and independence”.

    Outside the court, Lattouf said: “It is now June 2025 and Palestinian children are still being starved. We see their images every day, emaciated, skeletal, scavenging through the rubble for scraps.

    “This unspeakable suffering is not accidental, it is engineered. Deliberately starving and killing children is a war crime.

    “Today, the court has found that punishing someone for sharing facts about these war crimes is also illegal. I was punished for my political opinion.”

    Palestine solidarity groups and democratic rights supporters have celebrated Lattouf’s victory.

    An ‘eternal shame’
    Palestine Action Group Sydney said: “It is to the eternal shame of our national broadcaster that it sacked a journalist because she opposed the genocide in Gaza.

    “There should be a full inquiry into the systematic pro-Israel bias at the ABC, which for 21 months has acted as a propaganda wing of the Israeli military.”

    Racial justice organisation Democracy in Colour said the ruling “exposes the systematic silencing taking place in Australian media institutions in regards to Palestine”.

    Democracy in Colour chairperson Jamal Hakim said Lattouf was punished for “speaking truth to power”.

    “When the ABC capitulated to pressure from the pro-Israel lobby . . .  they didn’t just betray Antoinette — they betrayed their own editorial standards and the Australian public who deserve to know the truth about Israel’s human rights abuses.”

    Noura Mansour, national director for Democracy in Colour, said the ABC had been “consistently shutting down valid criticism of the state of Israel” and suppressing the voices of people of colour and Palestinians. She said the national broadcaster had “worked to manufacture consent for the Israeli-US backed genocide”.

    Media, Entertainment and Arts Alliance chief executive Erin Madeley said: “Instead of defending its journalists, ABC management chose to appease powerful voices . . . they failed in their duty to push back against outside interference, racism and bullying.”

    Win for ‘journalistic integrity’
    Australian Greens leader Larissa Waters said the ruling was a win for “journalistic integrity and freedom of speech” and that “no one should be punished for speaking out about Gaza”.

    Green Left editor Pip Hinman said the ruling was an “important victory for those who stand on the side of truth and justice”.

    “It is more important than ever in an increasingly polarised world that journalists speak up and report the truth without fear of reprisal from the rich and powerful.

    “Traditional and new media have the reach to shape public opinion. They have had a clear pro-Israel bias, despite international human rights agencies providing horrific data on Israel’s genocide in Gaza.

    “Meanwhile, tens of thousands of people around Australia continue to call for an end to the genocide in Gaza in protests every week. But the ABC and corporate media have largely ignored this movement of people from all walks of life. Disturbingly, the corporate media has gone along with some political leaders who claim this anti-war movement is antisemitic.

    “As thousands continue to march every week for an end to the genocide in Gaza, the ABC and corporate media organisations have continued to push the lie that the Palestine solidarity movement, and indeed any criticism of Israel, is antisemitic.

    “Green Left also hails those courageous mostly young journalists in Gaza, some 200 of whom have been killed by Israel since October 2023.

    “Their livestreaming of Israel’s genocide cut through corporate media and political leaders’ lies and today makes it even harder for them to whitewash Israel’s crimes and Western complicity.

    “Green Left congratulates Lattouf on her victory. We are proud to stand with the movement for justice and peace in Palestine, which played a part in her victory against the ABC management’s bias.”

    Republished from Green Left Magazine with permission.

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI: NBPE – May Monthly Net Asset Value Estimate

    Source: GlobeNewswire (MIL-OSI)

    THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, ITALY, DENMARK, JAPAN, THE UNITED STATES, OR TO ANY NATIONAL OF SUCH JURISDICTIONS

    NBPE Announces May Monthly NAV Estimate

    St Peter Port, Guernsey 27 June 2025

    NB Private Equity Partners (NBPE), the $1.2bn1, FTSE 250, listed private equity investment company managed by Neuberger Berman, today announces its 31 May 2025 monthly NAV estimate.

    NAV Highlights (31 May 2025)

    • NAV per share was $27.24 (£20.20), a total return of (0.2%) in the month
    • Approximately 98% of fair value based on private company valuation information as of Q1 2025 or based on 31 May 2025 quoted prices
    • Based on information received, private company valuations decreased in fair value by (0.4%) during Q1 2025 on a constant currency basis
    • $285 million of available liquidity at 31 May 2025
    • ~51k shares repurchased (~$1 million) during May 2025 at a weighted average discount of 30% which was accretive to NAV by ~$0.01 per share. Year-to-date, NBPE has repurchased ~738k shares (~$14 million) at a weighted average discount of 29% which was accretive to NAV by ~$0.11 per share
    As of 31 May 2025 Year to Date One Year 3 years 5 years 10 years
    NAV TR (USD)*
    Annualised    		 0.7% 2.5% 2.0%
    0.7%    		 85.8%
    13.2%    		 157.2%
    9.9%
    MSCI World TR (USD)*
    Annualised    		 5.2% 14.2% 47.1%
    13.7%    		 98.7%
    14.7%    		 171.5%
    10.5%
               
    Share price TR (GBP)*
    Annualised    		 (7.9%) (7.2%) 7.9%
    2.6%    		 102.0%
    15.1%    		 179.4%
    10.8%
    FTSE All-Share TR (GBP)*
    Annualised    		 4.1% 8.6% 26.8%
    9.4%    		 69.0%
    11.1%    		 80.7%
    6.1%

    * All NBPE performance figures assume re-investment of dividends on the ex-dividend date and reflect cumulative returns over the relevant time periods shown. Three-year, five-year and ten-year annualised returns are presented for USD NAV, MSCI World (USD), GBP Share Price and FTSE All-Share (GBP) Total Returns.

    Portfolio Update to 31 May 2025

    NAV performance during the month driven by:

    • 0.6% NAV decrease ($8 million) in the value of private holdings
    • 0.6% NAV increase ($8 million) attributable to changes in prices of quoted holdings (which now constitute 6% of portfolio fair value)
    • Immaterial impact on NAV from FX changes
    • 0.2% NAV decrease ($3 million) attributable to expense accruals

    $66 million of realisations in 2025 year to date

    • $8 million of proceeds received during the month of May

    $285 million of total liquidity at 31 May 2025

    • $75 million of cash and liquid investments with $210 million of undrawn credit line available

    2025 Share Buybacks

    • ~51k shares repurchased in May 2025 at a weighted average discount of 30%; buybacks were accretive to NAV by ~$0.01 per share
    • Year-to-date, NBPE has repurchased ~738k shares at a weighted average discount of 29% which were accretive to NAV by ~$0.11 per share

    Portfolio Valuation

    The fair value of NBPE’s portfolio as of 31 May 2025 was based on the following information:

    • 6% of the portfolio was valued as of 31 May 2025
      • 6% in public securities
    • 92% of the portfolio was valued as of 31 March 2025
      • 92% in private direct investments
    • 2% of the portfolio was valued as of 31 December 2024
      • 2% in private direct investments

    For further information, please contact:

    NBPE Investor Relations        +44 (0) 20 3214 9002
    Luke Mason        NBPrivateMarketsIR@nb.com  

    Kaso Legg Communications        +44 (0)20 3882 6644

    Charles Gorman        nbpe@kl-communications.com
    Luke Dampier
    Charlotte Francis

    Supplementary Information (as at 31 May 2025)

    Company Name Vintage Lead Sponsor Sector Fair Value ($m) % of FV
    Action 2020 3i Consumer 83.7 6.7%
    Osaic 2019 Reverence Capital Financial Services 65.5 5.2%
    Solenis 2021 Platinum Equity Industrials 59.8 4.8%
    BeyondTrust 2018 Francisco Partners Technology / IT 47.7 3.8%
    Monroe Engineering 2021 AEA Investors Industrials 44.7 3.6%
    Business Services Company* 2017 Not Disclosed Business Services 40.6 3.2%
    Branded Cities Network 2017 Shamrock Capital Communications / Media 37.4 3.0%
    True Potential 2022 Cinven Financial Services 34.4 2.7%
    Mariner 2024 Leonard Green & Partners Financial Services 33.7 2.7%
    FDH Aero 2024 Audax Group Industrials 32.9 2.6%
    Marquee Brands 2014 Neuberger Berman Consumer 31.6 2.5%
    GFL (NYSE: GFL) 2018 BC Partners Business Services 30.6 2.4%
    Auctane 2021 Thoma Bravo Technology / IT 29.1 2.3%
    Fortna 2017 THL Industrials 28.7 2.3%
    Staples 2017 Sycamore Partners Business Services 27.7 2.2%
    Viant 2018 JLL Partners Healthcare 27.3 2.2%
    Stubhub 2020 Neuberger Berman Consumer 26.4 2.1%
    Engineering 2020 NB Renaissance / Bain Capital Technology / IT 26.3 2.1%
    Agiliti 2019 THL Healthcare 25.3 2.0%
    Kroll 2020 Further Global / Stone Point Financial Services 25.0 2.0%
    Benecon 2024 TA Associates Healthcare 24.7 2.0%
    Solace Systems 2016 Bridge Growth Partners Technology / IT 24.6 2.0%
    Excelitas 2022 AEA Investors Industrials 24.1 1.9%
    Exact 2019 KKR Technology / IT 23.2 1.9%
    CH Guenther 2021 Pritzker Private Capital Consumer 21.2 1.7%
    Addison Group 2021 Trilantic Capital Partners Business Services 19.9 1.6%
    Constellation Automotive 2019 TDR Capital Business Services 19.5 1.6%
    Bylight 2017 Sagewind Partners Technology / IT 19.1 1.5%
    Tendam 2017 PAI Consumer 19.0 1.5%
    Real Page 2021 Thoma Bravo Technology / IT 18.8 1.5%
    Total Top 30 Investments                             $972.5 77.5%

    *Undisclosed company due to confidentiality provisions.

    Geography % of Portfolio
    North America 77%
    Europe 22%
    Asia / Rest of World 1%
    Total Portfolio 100%
       
    Industry % of Portfolio
    Tech, Media & Telecom 22%
    Consumer / E-commerce 22%
    Industrials / Industrial Technology 17%
    Financial Services 14%
    Business Services 11%
    Healthcare 9%
    Other 4%
    Energy 1%
    Total Portfolio 100%
       
    Vintage Year % of Portfolio
    2016 & Earlier 10%
    2017 16%
    2018 14%
    2019 14%
    2020 13%
    2021 18%
    2022 5%
    2023 2%
    2024 8%
    Total Portfolio 100%

    About NB Private Equity Partners Limited
    NBPE invests in direct private equity investments alongside market leading private equity firms globally. NB Alternatives Advisers LLC (the “Investment Manager”), an indirect wholly owned subsidiary of Neuberger Berman Group LLC, is responsible for sourcing, execution and management of NBPE. The vast majority of direct investments are made with no management fee / no carried interest payable to third-party GPs, offering greater fee efficiency than other listed private equity companies. NBPE seeks capital appreciation through growth in net asset value over time while paying a bi-annual dividend.

    LEI number: 213800UJH93NH8IOFQ77

    About Neuberger Berman
    Neuberger Berman is an employee-owned, private, independent investment manager founded in 1939 with over 2,800 employees in 26 countries. The firm manages $515 billion of equities, fixed income, private equity, real estate and hedge fund portfolios for global institutions, advisors and individuals. Neuberger Berman’s investment philosophy is founded on active management, fundamental research and engaged ownership. Neuberger Berman has been named by Pensions & Investments as the #1 or #2 Best Place to Work in Money Management for each of the last eleven years (firms with more than 1,000 employees). Visit www.nb.com for more information. Data as of March 31, 2025.

    This press release appears as a matter of record only and does not constitute an offer to sell or a solicitation of an offer to purchase any security.

    NBPE is established as a closed-end investment company domiciled in Guernsey. NBPE has received the necessary consent of the Guernsey Financial Services Commission. The value of investments may fluctuate. Results achieved in the past are no guarantee of future results. This document is not intended to constitute legal, tax or accounting advice or investment recommendations. Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decision. Statements contained in this document that are not historical facts are based on current expectations, estimates, projections, opinions and beliefs of NBPE’s investment manager. Such statements involve known and unknown risks, uncertainties and other factors, and undue reliance should not be placed thereon. Additionally, this document contains “forward-looking statements.” Actual events or results or the actual performance of NBPE may differ materially from those reflected or contemplated in such targets or forward-looking statements.

    1Based on net asset value.

    Attachment

    The MIL Network –

  • MIL-OSI: Falcon Oil & Gas Ltd. – Notice of Annual General and Special Shareholder Meeting

    Source: GlobeNewswire (MIL-OSI)

    Falcon Oil & Gas Ltd.
    (“Falcon”)
     Notice of Annual General and Special Shareholder Meeting

    27 June 2025 – Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG,) announces that its Annual General and Special Shareholder meeting will be held at the Conrad Hotel, Earlsfort Terrace, Dublin 2, Ireland on 27 August 2025 at 11:00 a.m. (Dublin time).

    A complete notice and related documents will be sent to the shareholders of record as at 21 July 2025 and will also be filed on the Canadian System for Electronic Document Analysis and Retrieval (“SEDAR+”) at www.sedarplus.ca and Falcon’s website at www.falconoilandgas.com.

    The Notice of the Annual General and Special Shareholder meeting and record date has been filed on SEDAR+.

    Falcon will conduct a Q&A via the Investor Meet Company platform later that day for those unable to attend the meeting in person, details of which will be announced in due course.

    Ends.

    For further information, please contact:

    CONTACT DETAILS:

    Falcon Oil & Gas Ltd.          +353 1 676 8702
    Philip O’Quigley, CEO +353 87 814 7042
    Anne Flynn, CFO +353 1 676 9162
     
    Cavendish Capital Markets Limited (NOMAD & Broker)
    Neil McDonald / Adam Rae +44 131 220 9771

    About Falcon Oil & Gas Ltd.
    Falcon Oil & Gas Ltd is an international oil and gas company engaged in the exploration and development of unconventional oil and gas assets, with the current portfolio focused in Australia. Falcon Oil & Gas Ltd is incorporated in British Columbia, Canada and headquartered in Dublin, Ireland.

    For further information on Falcon Oil & Gas Ltd. please visit www.falconoilandgas.com.

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

    The MIL Network –

  • Sensex, Nifty rise in early trade amid global cues

    Source: Government of India

    Source: Government of India (4)

    Indian benchmark indices opened in the green on Friday, supported by favourable global cues. The Nifty 50 hovered near the 25,600 mark, while the Sensex gained over 100 points in early trade.

    At around 9:15 a.m., the Sensex was trading 150.40 points or 0.18 per cent higher at 83,906.27, while the Nifty added 54.50 points or 0.21 per cent to reach 25,603.

    The Nifty Bank index was down 80.25 points or 0.14 per cent at 57,126.45 in early trade. The Nifty Midcap 100 index was trading at 59,505.65, gaining 278.25 points or 0.47 per cent. The Nifty Smallcap 100 index climbed 114.70 points or 0.61 per cent to 18,920.30.

    In the Sensex pack, L&T, Tata Steel, SBI, Tata Motors, NTPC, and HCL Tech were among the top gainers, while HDFC Bank, Bajaj Finserv, Kotak Mahindra Bank, and Bajaj Finance were among the top losers.

    Foreign institutional investors (FIIs) were net buyers on June 26, purchasing equities worth ₹12,594.38 crore. Meanwhile, domestic institutional investors (DIIs) were net sellers, offloading equities worth ₹195.23 crore.

    According to analysts, reports suggesting that the July 9 US tariff deadline is likely to be extended are supporting positive market sentiment. US President Donald Trump has also hinted at a “very big” trade deal with India, weeks after a team of negotiators from both countries held four days of closed-door talks on the agreement.

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

    In the last trading session, the Dow Jones in the US closed at 43,386.84, up 404.41 points or 0.94 per cent. The S&P 500 gained 48.86 points or 0.80 per cent to close at 6,141.02, and the Nasdaq rose 194.36 points or 0.97 per cent to 20,167.91.

    IANS

  • MIL-OSI Economics: Result of the 7-day Variable Rate Reverse Repo (VRRR) auction held on June 27, 2025

    Source: Reserve Bank of India

    Tenor 7-day
    Notified Amount (in ₹ crore) 1,00,000
    Total amount of offers received (in ₹ crore) 84,975
    Amount accepted (in ₹ crore) 84,975
    Cut off Rate (%) 5.49
    Weighted Average Rate (%) 5.45
    Partial Acceptance Percentage of offers received at cut off rate NA

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2025-2026/603

    MIL OSI Economics –

  • Trump says deal signed with China, hints at ‘great deal’ coming up with India

    Source: Government of India

    Source: Government of India (4)

    US President Donald Trump said on Thursday (US local time) that America has signed a deal with China and hinted that a “very big” deal with India will follow soon.

    Trump made the remarks while speaking at the Big Beautiful Bill event.

    In his speech hinting towards trade deals, Trump said, “Everybody wants to make a deal and have a part of it. Remember a few months ago, the press was saying, ‘You really have anybody of any interest? Well, we just signed with China yesterday. We are having some great deals. We have one coming up, maybe with India. Very big one. Where we’re going to open up India, in the China deal, we are starting to open up China.”

    Trump asserted that deals will not be made with every other nation.

    “We’re not going to make deals with everybody. Some we are just going to send them a letter, say thank you very much. You are to pay 25, 35, 45 per cent. That’s the easy way to do it, and my people don’t want to do it that way. They want to do some of it, but they want to make more deals than I would do,” he said.”

    “But we’re having some great deals. We have one coming up, maybe with India. Very big one. Where we’re going to open up India, in the China deal, we’re starting to open up China. Things that never really could have happened, and the relationship with every country has been very good” he added.

    However, Trump did not elaborate on the details of the deal signed with China.

    Earlier in June, CNN reported that the United States and China reached a new trade agreement, reviving terms first agreed to in Geneva last month, after escalating tensions led to a virtual halt in bilateral trade.

    The trade truce had brought temporary relief to global markets, businesses, and consumers rattled by months of tariff hikes and growing uncertainty.

    President Donald Trump announced on Truth Social previously that the “deal” was complete, confirming that both countries would ease export restrictions. “Our deal with China is done,” Trump posted in all-caps, stating that China would supply “full magnets, and any necessary rare earths…up front,” as per the Geneva framework.

    Earlier this month, while speaking at the US-India Strategic Partnership Forum, US Secretary of Commerce Howard Lutnick said that a trade deal between India and the United States could be finalised soon, with both countries finding common ground that suits their interests.

    “I think to be in a very, very good place, and you should expect a deal between the United States and India in the not-too-distant future because I think we found a place that really works for both countries.”

    When asked if he was hopeful about the outcome, Lutnick said he was “very optimistic,” and added, “It could be sort of the way I come across,” he said.

    Meanwhile, on June 10, Union Commerce and Industry Minister Piyush Goyal said that India and the US were in the process of negotiating a fair and equitable trade agreement that will benefit both economies.

    Addressing a press conference over India-US trade deal and Future trade agreement with the European Union, Piyush Goyal said, “PM Narendra Modi and US President Trump met in February 2025…Both our leaders have decided to enter into a bilateral trade agreement which will be mutually beneficial for both the economies, businesses on both sides and the people of both countries. We are negotiating to make a nice, fair, equitable and balanced agreement to promote business.”

    Highlighting that both America and India are “very close friends, allies and strategic partners”, Piyush Goyal said that the trade deal is an opportunity to expand bilateral trade and strengthen the partnership between the two nations.

    (ANI)

  • Trump says deal signed with China, hints at ‘great deal’ coming up with India

    Source: Government of India

    Source: Government of India (4)

    US President Donald Trump said on Thursday (US local time) that America has signed a deal with China and hinted that a “very big” deal with India will follow soon.

    Trump made the remarks while speaking at the Big Beautiful Bill event.

    In his speech hinting towards trade deals, Trump said, “Everybody wants to make a deal and have a part of it. Remember a few months ago, the press was saying, ‘You really have anybody of any interest? Well, we just signed with China yesterday. We are having some great deals. We have one coming up, maybe with India. Very big one. Where we’re going to open up India, in the China deal, we are starting to open up China.”

    Trump asserted that deals will not be made with every other nation.

    “We’re not going to make deals with everybody. Some we are just going to send them a letter, say thank you very much. You are to pay 25, 35, 45 per cent. That’s the easy way to do it, and my people don’t want to do it that way. They want to do some of it, but they want to make more deals than I would do,” he said.”

    “But we’re having some great deals. We have one coming up, maybe with India. Very big one. Where we’re going to open up India, in the China deal, we’re starting to open up China. Things that never really could have happened, and the relationship with every country has been very good” he added.

    However, Trump did not elaborate on the details of the deal signed with China.

    Earlier in June, CNN reported that the United States and China reached a new trade agreement, reviving terms first agreed to in Geneva last month, after escalating tensions led to a virtual halt in bilateral trade.

    The trade truce had brought temporary relief to global markets, businesses, and consumers rattled by months of tariff hikes and growing uncertainty.

    President Donald Trump announced on Truth Social previously that the “deal” was complete, confirming that both countries would ease export restrictions. “Our deal with China is done,” Trump posted in all-caps, stating that China would supply “full magnets, and any necessary rare earths…up front,” as per the Geneva framework.

    Earlier this month, while speaking at the US-India Strategic Partnership Forum, US Secretary of Commerce Howard Lutnick said that a trade deal between India and the United States could be finalised soon, with both countries finding common ground that suits their interests.

    “I think to be in a very, very good place, and you should expect a deal between the United States and India in the not-too-distant future because I think we found a place that really works for both countries.”

    When asked if he was hopeful about the outcome, Lutnick said he was “very optimistic,” and added, “It could be sort of the way I come across,” he said.

    Meanwhile, on June 10, Union Commerce and Industry Minister Piyush Goyal said that India and the US were in the process of negotiating a fair and equitable trade agreement that will benefit both economies.

    Addressing a press conference over India-US trade deal and Future trade agreement with the European Union, Piyush Goyal said, “PM Narendra Modi and US President Trump met in February 2025…Both our leaders have decided to enter into a bilateral trade agreement which will be mutually beneficial for both the economies, businesses on both sides and the people of both countries. We are negotiating to make a nice, fair, equitable and balanced agreement to promote business.”

    Highlighting that both America and India are “very close friends, allies and strategic partners”, Piyush Goyal said that the trade deal is an opportunity to expand bilateral trade and strengthen the partnership between the two nations.

    (ANI)

  • MIL-OSI Australia: Invitations to Economic Reform Roundtable and opening of consultation

    Source: Australian Parliamentary Secretary to the Minister for Industry

    Today we’re issuing more invitations to the Government’s Economic Reform Roundtable.

    The Roundtable is an important opportunity to build consensus for long term economic reform.

    This initial group includes leading voices from business, unions, the community sector and our key economic institutions.

    This is a representative group that we’re asking to provide ideas and build and advance consensus around them.

    Each participant will play an important role in helping to shape our national reform priorities to boost productivity, strengthen our resilience and improve budget sustainability.

    More invitations will be issued in tranches and in due course, as the agenda takes shape.

    We will bring additional stakeholders, experts and representative groups to the Roundtable, including for specific days, sessions and topics.

    There will also be opportunities outside of the Roundtable to contribute ideas to this reform process.

    We know there’s broad interest and engagement in the Roundtable, including from the states and crossbench, and we will have more to say about their involvement.

    Today we are also opening the public consultation process for the Roundtable.

    People and organisations can submit proposals and ideas through the Treasury website.

    We welcome proposals to improve productivity, build economic resilience in the face of global uncertainty, and strengthen budget sustainability that meet three important preconditions:

    • Ideas should be in the national interest.
    • Ideas or packages of ideas should be budget neutral at a minimum but preferably budget positive.
    • Ideas should be specific and practical.

    Submissions close 25 July 2025.

    Economic Reform Roundtable invitations issued today

    Danielle Wood, Chair, Productivity Commission

    Sally McManus, Secretary, Australian Council of Trade Unions

    Michele O’Neil, President, Australian Council of Trade Unions

    Liam O’Brien*, Assistant Secretary, Australian Council of Trade Unions

    Joseph Mitchell*, Assistant Secretary, Australian Council of Trade Unions

    Bran Black, Chief Executive Officer, Business Council of Australia

    Andrew McKellar, Chief Executive Officer, Australian Chamber of Commerce and Industry

    Innes Willox, Chief Executive Officer, Australian Industry Group

    Matthew Addison, Chair, Council of Small Business Organisations of Australia

    Cassandra Goldie, Australian Council of Social Service

    *These participants will attend as alternates for the Secretary and President of the ACTU.

    MIL OSI News –

  • MIL-OSI Australia: Invitations to Economic Reform Roundtable and opening of consultation

    Source: Australian Parliamentary Secretary to the Minister for Industry

    Today we’re issuing more invitations to the Government’s Economic Reform Roundtable.

    The Roundtable is an important opportunity to build consensus for long term economic reform.

    This initial group includes leading voices from business, unions, the community sector and our key economic institutions.

    This is a representative group that we’re asking to provide ideas and build and advance consensus around them.

    Each participant will play an important role in helping to shape our national reform priorities to boost productivity, strengthen our resilience and improve budget sustainability.

    More invitations will be issued in tranches and in due course, as the agenda takes shape.

    We will bring additional stakeholders, experts and representative groups to the Roundtable, including for specific days, sessions and topics.

    There will also be opportunities outside of the Roundtable to contribute ideas to this reform process.

    We know there’s broad interest and engagement in the Roundtable, including from the states and crossbench, and we will have more to say about their involvement.

    Today we are also opening the public consultation process for the Roundtable.

    People and organisations can submit proposals and ideas through the Treasury website.

    We welcome proposals to improve productivity, build economic resilience in the face of global uncertainty, and strengthen budget sustainability that meet three important preconditions:

    • Ideas should be in the national interest.
    • Ideas or packages of ideas should be budget neutral at a minimum but preferably budget positive.
    • Ideas should be specific and practical.

    Submissions close 25 July 2025.

    Economic Reform Roundtable invitations issued today

    Danielle Wood, Chair, Productivity Commission

    Sally McManus, Secretary, Australian Council of Trade Unions

    Michele O’Neil, President, Australian Council of Trade Unions

    Liam O’Brien*, Assistant Secretary, Australian Council of Trade Unions

    Joseph Mitchell*, Assistant Secretary, Australian Council of Trade Unions

    Bran Black, Chief Executive Officer, Business Council of Australia

    Andrew McKellar, Chief Executive Officer, Australian Chamber of Commerce and Industry

    Innes Willox, Chief Executive Officer, Australian Industry Group

    Matthew Addison, Chair, Council of Small Business Organisations of Australia

    Cassandra Goldie, Australian Council of Social Service

    *These participants will attend as alternates for the Secretary and President of the ACTU.

    MIL OSI News –

  • MIL-OSI Banking: Result of Underwriting Auction conducted on June 27, 2025

    Source: Reserve Bank of India

    In the underwriting auction conducted on June 27, 2025, for Additional Competitive Underwriting (ACU) of the undernoted Government securities, the Reserve Bank of India has set the cut-off rates for underwriting commission payable to Primary Dealers as given below:

    Nomenclature of the Security Notified Amount
    (₹ crore)    		 Minimum Underwriting Commitment (MUC) Amount
    (₹ crore)    		 Additional Competitive Underwriting Amount Accepted
    (₹ crore)    		 Total Amount underwritten
    (₹ crore)    		 ACU Commission Cut-off rate
    (Paise per ₹100)
    New GS 2028 6,000 3,003 2,997 6,000 0.07
    6.33% GS 2035 30,000 15,015 14,985 30,000 0.12
    Auction for the sale of securities will be held on June 27, 2025.

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2025-2026/602

    MIL OSI Global Banks –

  • Stock market opens higher as Trump indicates ‘great’ trade deal with India

    Source: Government of India

    Source: Government of India (4)

    Indian benchmark indices opened in the green on Friday, buoyed by optimism over a potential India-US trade agreement and firm global cues. Gains in PSU bank and IT stocks helped drive early momentum.

    At around 9:15 a.m., the Sensex was trading 150.40 points or 0.18 per cent higher at 83,906.27, while the Nifty added 54.50 points or 0.21 per cent to reach 25,603.

    US President Donald Trump has hinted at a “very big” trade deal with India, weeks after a team of negotiators from both countries held four days of closed-door talks on the agreement. Addressing the ‘Big Beautiful Event’ at the White House, Trump said he has a “great deal” with India.

    According to analysts, reports suggesting that the July 9 US tariff deadline is likely to be extended are also supporting positive market sentiment.

    The Nifty Bank index was down 80.25 points or 0.14 per cent at 57,126.45 in early trade. The Nifty Midcap 100 index was trading at 59,505.65, gaining 278.25 points or 0.47 per cent. The Nifty Smallcap 100 index climbed 114.70 points or 0.61 per cent to 18,920.30.

    In the Sensex pack, L&T, Tata Steel, SBI, Tata Motors, NTPC, and HCL Tech were among the top gainers, while HDFC Bank, Bajaj Finserv, Kotak Mahindra Bank, and Bajaj Finance were among the top losers.

    Foreign institutional investors (FIIs) were net buyers on June 26, purchasing equities worth ₹12,594.38 crore. Meanwhile, domestic institutional investors (DIIs) were net sellers, offloading equities worth ₹195.23 crore.

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

    In the last trading session, the Dow Jones in the US closed at 43,386.84, up 404.41 points or 0.94 per cent. The S&P 500 gained 48.86 points or 0.80 per cent to close at 6,141.02, and the Nasdaq rose 194.36 points or 0.97 per cent to 20,167.91.

    IANS

  • MIL-OSI China: Sino-German cooperation deepens in smart manufacturing

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

    As China emerges as a global hub for smart manufacturing and technological innovation, German companies are ramping up their presence and partnerships in the country, moving beyond traditional technology transfer to embrace joint R&D and ecosystem-level collaboration.

    At the Sino-German Smart Manufacturing Matchmaking Conference held from Tuesday to Thursday in Hefei, east China’s Anhui Province, nearly 100 German enterprises — including industry leaders like BMW and Siemens — gathered to explore new opportunities, signaling a renewed momentum in bilateral industrial cooperation.

    The three-day conference included field visits, matchmaking sessions and in-depth exchanges, resulting in 28 trade and investment deals worth over 6.8 billion yuan (about 949.46 million U.S. dollars). These covered a wide range of sectors, from new energy and intelligent connected vehicles to high-end equipment, life sciences, environmental protection, and artificial intelligence.

    For Helmut Heuser, managing director of Wurth Electronic ICS (Shenyang) Co., Ltd., it was already his third trip to Anhui this year — a province now widely recognized for its high-tech orientation and smart manufacturing strengths.

    “This region’s automotive industry and innovation capabilities are booming,” said Heuser. “We hope to gain new customers, discover new market possibilities, and seize fresh opportunities here.”

    His company has already provided battery management systems and smart controllers for several Chinese companies, including Anhui-based auto giant JAC Motors, and is collaborating in fields like industrial robotics to co-develop new intelligent solutions.

    As China’s innovation engine gathers strength, Sino-German cooperation is evolving from one-way technology import into a model of joint innovation and mutual empowerment, offering a collaborative blueprint for global smart manufacturing.

    “We are cooperating for decades and decades in the past 40 years. It was very successful, mainly because German companies brought a lot of technology here and support the Chinese companies to upgrade,” said Maximilian Butek, executive director and board member of the German Chamber of Commerce in China, the east China region.

    However, he noted that the two sides are now engaged in a different game, as Chinese enterprises and talent are demonstrating strong innovation potential, attracting many German companies to carry out R&D in China and export technologies to the global market.

    According to the 2024/2025 Business Confidence Survey by the German Chamber of Commerce in China, 92 percent of member companies plan to stay in China, and about half intend to increase their investment over the next two years.

    This long-term commitment reflects not only confidence in the Chinese market, but also recognition of the country’s growing innovation capacity.

    In fact, 55 percent of German companies operating in China expect their Chinese counterparts to become innovation leaders in their industries within the next five years, and nearly half of the surveyed firms plan to enhance competitiveness through partnerships with Chinese players.

    German high-tech firm Trumpf Group, a century-old leader in machine tools and laser technology, has seen rapid growth in China since entering the market in 2000. It has also deepened cooperation with local partners in advancing manufacturing digitization.

    “In the new energy vehicle sector alone, over 2,000 processes require lasers. For example, copper and aluminum alloys — key materials in power batteries — are highly reflective and can create welding splashes that pose safety risks,” said Yang Gang, president of Trumpf Group (China). “By working with Chinese partners, we’ve developed processes to suppress splatter and overcome these technical bottlenecks.”

    Sino-German cooperation is now scaling from individual projects to ecosystem-level coordination, encompassing shared technologies, harmonized standards, and integrated production capacity.

    Reflecting this growing momentum, earlier this year BMW deepened its local AI ecosystem by integrating DeepSeek, following its strategic partnership with Alibaba in large language models. In June, the Sino-German Standardization Innovation Center was officially launched, aiming to produce more joint standardization outcomes in smart manufacturing and beyond.

    Meanwhile, Feiwo Technology signed a strategic cooperation agreement with German aerospace parts manufacturer Heggemann, combining China’s cost-efficiency and Germany’s lean production expertise to jointly develop core aircraft components.

    Smart manufacturing has been identified as a national priority in China. And international cooperation — particularly with Germany, a long-time industrial partner — plays a crucial role in driving technological advancement and industrial upgrading.

    In the face of growing global uncertainties, many German companies noted that Sino-German cooperation in smart manufacturing is expected to generate mutual benefits and contribute to greater stability in global supply chains.

    “Sino-German cooperation offers mutual benefits,” said Heuser. “For China, it is access to German industrial know-how and EU market pathways. For Germany, it is faster innovation cycles and access to China’s vast data resources. Together, we believe we can set global benchmarks for Industry 4.0, combining Germany’s quality-first approach with China’s speed-to-market advantage.” 

    MIL OSI China News –

  • MIL-OSI Australia: Albanese Government support for Austal’s United States expansion

    Source: Australian Attorney General’s Agencies

    The Albanese Government welcomes Export Finance Australia’s credit approved loan facility of up to US$150 million to shipbuilder Austal to help it expand its shipyard in Alabama in the United States.

    Austal is an Australian success story, and support from Export Finance Australia will help it to deliver on recently awarded major contracts for the US Navy and US Coast Guard.

    The expansion of Austal’s shipyard further deepens defence industrial cooperation with our key ally, the United States, and complements Australia’s investments into the sovereign industrial bases of AUKUS partners.

    The finance will help fund the development and construction of a new assembly facility, waterfront improvements and a new ship lift system.

    The expansion marks a major milestone for Austal, and it shows the strength of the Australian defence industry, its capabilities and support for our international partners.

    Export Finance Australia’s loan facility is subject to completion of finance documentation and satisfaction of conditions precedent.

    Quotes attributable to Minister for Trade and Tourism, Senator the Hon Don Farrell:

    “The Albanese Government is backing Australian defence companies to grow and export their world-class capabilities by securing lucrative international contracts.

    “This financial support from Export Finance Australia is another example of how the Albanese Government is providing support to Aussie businesses to expand and grow overseas.

    “Austal’s expansion shows the strength of Australian businesses to export, invest and support shared Australian-US priorities such as defence.”

    Quotes attributable to Minister for Defence Industry, the Hon Pat Conroy MP:

    “Austal’s investment into its United States shipyard demonstrates its commitment to support the United States’ domestic shipbuilding ambition and will deliver greater security and economic resilience for both Australia and the United States.

    “I visited Austal’s shipyard in Mobile, Alabama last year and witnessed firsthand its contribution to the submarine industrial base in the United States, including manufacturing components for Virginia class submarines.

    “In times of geopolitical uncertainty, closer defence industrial collaboration with our AUKUS partners will deliver major security and economic benefits.”

    MIL OSI News –

  • MIL-OSI Russia: Experts from the capital’s consumer portal gave recommendations for online shopping

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    Online shopping has become an integral part of city residents’ lives. It can be done at any time of the day, it allows you to save time on going to the store, and also choose goods from a wider range and often at lower prices than in retail outlets. But despite the obvious advantages of distance selling, it also has disadvantages – often purchases are not delivered on time, and the quality of the purchased goods does not meet expectations. Experts capital consumer portalgave simple recommendations on what to pay attention to when shopping online, how to defend your rights and avoid falling for the tricks of scammers.

    “When choosing and paying for food, clothing, footwear or medicines on the websites of stores and marketplaces, a number of features should be taken into account. They are described in detail in the materials of the capital’s consumer portal. Step-by-step instructions are also published here to help return goods and protect consumer rights in the event of disputes. For the convenience of city residents, all thematic materials are collected in the “Remote Selling” section. In addition, you can quickly find the expert’s advice you need by entering a query in the search bar,” the press service of the capital said.

    Department of Information Technology.

    What You Need to Know About Online Trading

    The main feature of distance selling is that the buyer cannot examine the product in person before purchasing it. Therefore, the seller is obliged to provide information about its main consumer properties on their website, by phone or in other information materials (catalogs, brochures, photographs, etc.). In addition, the buyer must know the form and methods of filing claims, the procedure and terms for returning the product. You can read more about the nuances of online trading in of this publication.

    It happens that the delivered item does not look the same in reality as in the catalog on the store’s website or on the product card of the marketplace, or does not fit in color, appearance or size. This may apply to both shoes and clothes, as well as household goods. In this case, the consumer has the right to return a product of proper quality within seven days of receipt. It is important that the item retains its presentation and consumer properties. In this case, the seller may retain the costs of return shipping. And if the buyer receives a defective product, the seller is obliged to bear the costs of its transportation. Experts spoke about other details of the purchase return procedure in in this material.

    You can buy not only things online, but also over-the-counter medicines and dietary supplements (DS). However, buying these products requires a particularly careful approach to avoid possible risks. Thus, it is important to remember that the sale of drugs via the Internet is carried out by pharmacies that have had a license for at least one year and have the appropriate permission from the Federal Service for Surveillance in Healthcare. Individual entrepreneurs do not have the right to sell drugs online.

    When receiving medications, it is worth examining the packaging, checking its integrity and the presence of markings. And in order to safely purchase dietary supplements online, you need to make sure that the product has a state registration certificate. You can check this on the Rospotrebnadzor website in the section “Register of State Registration Certificates”. What else is important to pay attention to when buying medicines and dietary supplements online is explained in this expert article, and also in thematic video.

    How to protect your rights when shopping online

    You can encounter fraud and dishonesty of sellers in online trading on resources for posting ads. Experts advise using a simple algorithm of actions to protect yourself and your funds when ordering goods through marketplaces. For example, you should not communicate with the seller outside the trading platform via instant messengers, and you must pay for goods or services only through the payment services offered by the selected Internet platform. To protect the consumer from financial losses, funds are blocked until the purchase is received. The trading platform sends them to the seller only when the customer receives the order.

    If after paying for the goods there are controversial situations with the seller, which he refuses to resolve by oral appeal, the consumer has the right to make a written claim. The procedure in such a case is described in the article “Pre-trial procedure for resolving disputes on consumer rights protection issues”. You can file a claim using ready templateon the portal.

    Consumer portal was created in 2022 by the Moscow Government and the Moscow Office of Rospotrebnadzor. The resource contains more than 230 materials: articles, instructions, memos, webinars, and expert interviews. In addition to practical recommendations from experts, the publications contain the names of relevant regulations that can be relied on when communicating with legal entities or individual entrepreneurs to protect consumer rights.

    You can also get advice on consumer rights protection issues by calling the 24-hour hotline of the Rospotrebnadzor Administration for the city of Moscow: 7 495 539-36-96.

    The creation and support of information security tools, as well as counteracting cyber fraud, are in line with the objectives of the national project “Data Economy and Digital Transformation of the State”.

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

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

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

    https: //vv.mos.ru/nevs/ite/155904073/

    MIL OSI Russia News –

  • MIL-OSI Russia: Moscow Family to Compete for the Title of Most Financially Literate in Russia

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    The regional stage of the II All-Russian Family Festival of Savings and Investments has ended in Moscow. 21 Moscow teams competed for the right to reach the final of the competition. Participants demonstrated their knowledge of investment products and an effective approach to savings, as well as their intelligence, erudition and resourcefulness.

    This year, the festival includes three stages – municipal, regional and federal. Families from 29 regions of Russia participate in them. The qualifying rounds were held in the format of intellectual tournaments, quizzes, tests and other events. The organizers of the Moscow stages are the capital Department of Finance and the city’s Center for Financial Literacy.

    The first qualifying round took place during the financial literacy day at the Northern River Terminal. The event was attended by 39 Moscow teams, for whom the organizers prepared several competitive tasks. Thus, it was necessary to find the right solutions in matters of distributing the family budget and insuring savings, as well as analyze simulated situations, trying to recognize the actions of illegal investment companies and false brokers.

    The second stage was held in the Technograd Innovation and Education Complex at VDNKh. The winning teams took part in quizzes, intellectual games and master classes. Vladimir Shibeko, a festival participant, said that the topic of savings was easy for his team, but they had to think about investments.

    “The tasks turned out to be tricky, but that’s what made it even more interesting. Especially in the quiz, where questions on financial topics were presented in the context of literature, history, and art. It was difficult to give an answer in 10 seconds, but we managed,” Vladimir Shibeko shared.

    The game “Financial Ingenuity” helped test the participants’ knowledge of budget planning, forming a financial goal and creating a safety cushion. During the intellectual tournament “Investments for All” families discussed the stock market, securities and various investment methods.

    In addition, educational events were held especially for the festival participants: a lecture on savings products and a master class on a long-term savings program. Experts explained how non-state pension funds help create additional income in the future and a financial safety net in case of unforeseen situations.

    Yulia Simonova, a participant of the festival, shared her impressions, noting that it was not just a competition, but a real training platform. After each test, experts from the financial literacy center analyzed the participants’ mistakes in detail and gave recommendations on choosing financial instruments. All this turned out to be very exciting and useful.

    The expert jury recorded the points scored by the teams. As a result of the calculations, the Nadvorny family team, represented by four participants of different generations, became the leader. They demonstrated excellent knowledge in the field of finance, and now they will have to compete with other winners from 28 regions of Russia for the title of the most financially literate family in the country. Irina, the team captain, noted that many rivals presented serious competition.

    “We understand how strong our opponents will be in the final, so we are already preparing for the final stage of the festival. We have thought out a strategy that we will follow. We will try to win the title of the most financially literate family in Russia,” Irina Nadvornaya noted.

    The second place was taken by the Simonov family, and the bronze prize winners of the festival were the Rudenkovs. The participants of the competition received certificates and memorable gifts.

    The final will take place on September 6–7 this year at the Financial University under the Government of the Russian Federation.

    The All-Russian Family Festival of Savings and Investments was held for the first time in 2024. The competition is organized by the Financial University under the Government of the Russian Federation, and the main partners are the Ministry of Finance of the Russian Federation and the Research Financial Institute of the Ministry of Finance of the Russian Federation. This year, 3,200 teams took part in the municipal stage, and 629 families from all over the country took part in the regional stage.

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

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

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

    https: //vv.mos.ru/nevs/ite/155898073/

    MIL OSI Russia News –

  • Nike plans to reduce reliance on China production for US market to soften tariff blow

    Source: Government of India

    Source: Government of India (4)

    Nike said it would cut its reliance on production in China for the U.S. market to mitigate the impact from U.S. tariffs on imports, and forecast a smaller-than-expected drop in first-quarter revenue, sending its shares up 11% in extended trading.

    U.S. President Donald Trump’s sweeping tariffs on imports from key trading partners could add around $1 billion to Nike’s costs, company executives said on a post-earnings call after the sportswear giant topped estimates for fourth-quarter results.

    China, subject to the biggest tariff increases imposed by Trump, accounts for about 16% of the shoes Nike imports into the United States, Chief Financial Officer Matthew Friend said.

    But the company aims to cut the figure to a “high single-digit percentage range” by the end of May 2026 as it reallocates China production to other countries.

    “We will optimize our sourcing mix and allocate production differently across countries to mitigate the new cost headwind into the United States,” he said on a call with investors.

    Consumer goods is one of the most affected areas by the tariff dispute between the world’s two largest economies, but Nike’s executives said they were focused on cutting the financial pain.

    Nike will “evaluate” corporate cost reductions to deal with the tariff impact, Friend said. The company has already announced price increases for some products in the U.S.

    “The tariff impact is significant. However, I expect others in the sportswear industry will also raise prices, so Nike may not lose much share in the U.S.,” said David Swartz, analyst at Morningstar Research.

    RUNNING FINDS ITS FOOTING

    CEO Elliott Hill’s strategy to focus product innovation and marketing around sports is beginning to show some fruit with the running category returning to growth in the fourth quarter after several quarters of weakness.

    Having lost share in the fast-growing running market, Nike has invested heavily in running shoes such as Pegasus and Vomero, while scaling back production of sneakers such as the Air Force 1.

    “Running has performed especially strongly for Nike,” said Citi analyst Monique Pollard, adding that new running shoes and sportswear products are expected to offset the declines in Nike’s classic sneaker franchises at wholesale partner stores.

    Marketing spending was up 15% year-on-year in the quarter. On Thursday, Nike hosted an event in which its sponsored athlete Faith Kipyegon attempted to run a mile in under four minutes.

    Paced by other star athletes in the glitzy and live-streamed from a Paris stadium, Kipyegon fell short of the goal but set a new unofficial record.

    Nike forecast first-quarter revenue to fall in the mid-single digits, slightly better than analysts’ expectations of a 7.3% drop, according to data compiled by LSEG.

    Its fourth-quarter sales fell 12% to $11.10 billion, but still beat estimates of a 14.9% drop to $10.72 billion.

    China continued to be a pain point, with executives saying a turnaround in the country will take time as Nike contends with tougher economic conditions and competition.

    The company’s inventory was flat year-over-year at $7.5 billion as of May 31.

    (Reuters)

     

  • World famous Puri Jagannath Rath Yatra begins today

    Source: Government of India

    Source: Government of India (4)

    A large crowd of devotees has gathered at the Jagannath Temple in Puri as the grand Rath Yatra of Lord Jagannath begins today. Also known as the Chariot Festival or Shree Gundicha Yatra, this major Hindu festival is celebrated annually in Odisha with great devotion and enthusiasm.
     
    The Rath Yatra is observed on Dwitiya Tithi—the second day of the Shukla Paksha (waxing phase of the moon) of the lunar month. This period is considered spiritually auspicious due to the increasing brightness of the moon.
     
    Renowned scholar of Jagannath culture, Suryanarayan Rath Sharma, speaking to IANS, said, “The Rath Yatra is the most ancient chariot festival in the world. It is believed that having darshan of Lord Jagannath during this Yatra grants a devotee moksha (liberation).”
     
    Millions of devotees have gathered to witness the divine journey as Lord Jagannath, along with his brother Balabhadra and sister Subhadra, embarks on a nine-day sojourn from their 12th-century abode to the Gundicha Temple.
     
    Devotees, filled with spiritual ecstasy, will pull the three majestic chariots—Nandighosh (for Lord Jagannath), Taladhwaja (for Lord Balabhadra), and Darpadalan (for Goddess Subhadra)—along a 3-kilometre route to the Gundicha Temple. According to some legends, this temple is believed to be the birthplace of the Chaturddha Murti—Lord Jagannath, Lord Balabhadra, Maa Subhadra, and Sudarshan.
     
    To ensure a smooth and peaceful celebration, various departments of the state government have made elaborate preparations.
     
    “We are fully prepared for the grand Rath Yatra. All rituals and arrangements have been meticulously planned and will be carried out with equal dedication. I seek the blessings of Mahaprabhu and the cooperation of all devotees to ensure a smooth and sacred celebration,” said Puri Collector Sidharth Shankar Swain on Thursday.
     
    The city of Puri has been placed under a five-tier security blanket for the nine-day-long festival. As many as 200 platoons of police forces and eight companies from the Border Security Force (BSF), Central Reserve Police Force (CRPF), and other central agencies have been deployed throughout the holy town.
     
    Additionally, around 10,000 personnel from the Odisha Police, Central Armed Police Forces, and Home Guard have been stationed in and around the city to manage the massive crowd.
     
    For the first time, an integrated command-and-control system has been established to monitor the event. Police officers at central and sub-control rooms are keeping an eye on traffic and crowd movement through live feeds from approximately 275 AI-enabled CCTV cameras installed from Uttara Square to Puri Town, as well as along the Puri-Konark route.
     
    — IANS

  • MIL-OSI Russia: Participants of the visiting strategic session of the Skolkovo School of Regional Operators visited NSU

    Translation. Region: Russian Federal

    Source: Novosibirsk State University – Novosibirsk State University –

    On June 25-26, Novosibirsk hosted a visiting strategic session of the Skolkovo School of Regional Operators. Representatives from 17 regions of Russia gathered in the capital of Siberia. The goal of the event was to strengthen interaction between regional operators and form uniform work standards.

    The participants of the strategic session visited Novosibirsk State University, where they were given a tour of the academic building, told about the history of the university, and shown the developments of the NSU Research Center in the field of artificial intelligence. Also, at the site of the new building of flow auditoriums, which is part of the second stage of the modern NSU campus, built within the framework of the national project “Youth and Children”, a meeting was held with the rector of NSU, academician of the Russian Academy of Sciences Mikhail Fedoruk.

    Mikhail Fedoruk briefly spoke about the history of the university, dwelled on the principles that were laid down at its foundation, how NSU is developing now and what plans for the future. He emphasized that the strategic goal until 2026 is to move from the research university model to the scientific and technological model. Opportunities for the development of innovations at NSU are opening up thanks to cooperation with companies, the development of new educational areas and the infrastructure of the new campus.

    — Along with classical areas, an engineering direction is emerging at the university. Of course, now we interact not only with our traditional partners — the institutes of the Siberian Branch — but also with industrial partners in training personnel and implementing new scientific projects. In 2025, the university opened educational programs that we implement with the support of companies — these are Applied Artificial Intelligence, Medical Cybernetics, and Industrial Pharmacy. The development of technological entrepreneurship is also very important for us. Among the achievements in this area, I would like to especially note that more than 55 student teams received 1 million rubles each to implement their projects. This was and remains the highest figure in the Siberian Federal District, — noted Mikhail Fedoruk.

    The host of the strategic session is the Novosibirsk Regional Innovation Fund, a regional operator of the Skolkovo Foundation. The Innovation Fund is one of the top five regional operators of Skolkovo, demonstrating high efficiency in supporting technology startups and developing the region’s innovative infrastructure. Based on the results of its work in 2024, the Fund took fourth place among 27 operators.

    The key topics of the strategic session were artificial intelligence in science and business and the experience of interaction between industrial partners and technology and industrial parks. In addition to the business program, a rich excursion program was organized for the guests, visiting leading scientific and educational centers: in addition to NSU, the participants also visited the Institute of Nuclear Physics of the Siberian Branch of the Russian Academy of Sciences, the Biotechnopark of the science city of Koltsovo, and also got acquainted with the innovative infrastructure, the technology park of the Novosibirsk Akademgorodok and the technology park “Novo-Nikolayevsky”.

    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 USA: Grassley Presses U.S. Postal Service to Improve Service, Address Long-Term Viability Concerns Following Outreach from Iowans

    US Senate News:

    Source: United States Senator for Iowa Chuck Grassley

    WASHINGTON – Sen. Chuck Grassley (R-Iowa) wrote to the United States Postal Service (USPS) about concerns the institution is not fulfilling its service mission and sustaining financial self-sufficiency through its policies. Iowans from across the state have contacted Grassley’s office this year to share their challenges with the mail, prompting Grassley to take action. New Postmaster General David Steiner is anticipated to formally join USPS in July. 

    “I often hear from postal customers that they are facing issues with sending and receiving their mail in a timely and reliable manner. In addition, businesses that utilize the postal service for the delivery of market dominant products are facing postage rate price hikes that are impacting business operations and causing companies to decrease mailing volume,” Grassley wrote. 

    Specifically, Iowans have reported issues with bills and checks not being delivered on time, missing mail and increased delays in mail pickup. Businesses reported challenges maintaining mail volumes given dramatic rate increases of more than 50% and poor handling of packages.  

    “Delivering to every corner of the United States is no small feat, and I applaud the dedicated postal workers that serve their communities daily and USPS for the successes of decreasing its projected losses. That said, USPS must not let the quality of its service decline as reforms to achieve stronger financial footing are considered and implemented,” Grassley continued. 

    Grassley noted that, in addition to quality service, USPS must focus on long-term viability to continue serving the American people for another 250 years and beyond. He is encouraging the agency to take an innovative approach to rightsize the institution, as well as support flexibility when reforms are not working. 

    Background:

    Unlike regular federal agencies, USPS does not receive congressionally appropriated funding. Instead, it’s self-financed with revenue from postage, packages and shipping. For many years, USPS has faced a significant decline in first-class mail volume and has operated with revenue losses. 

    Previous administrations, lawmakers and government watchdogs have recommended reforms to strengthen the Postal Service’s ability to modernize its operations, uphold commitments to its workforce and maintain its fundamental mission of universal service. 

    Text of the letter can be found HERE and below. 

    June 26, 2025 

    Ms. Amber F. McReynolds
    Chair, Board of Governors
    United States Postal Service
    475 L’Enfant Plaza, SW 
    Washington, DC 20260 

    Dear Ms. McReynolds and members of the Board of Governors, 

    As the United States Postal Service (USPS) approaches 250 years of its establishment as an institution that serves the American people, I write to you with skepticism that the institution is delivering on its mission. I often hear from postal customers that they are facing issues with sending and receiving their mail in a timely and reliable manner. In addition, businesses that utilize the postal service for the delivery of market dominant products are facing postage rate price hikes that are impacting business operations and causing companies to decrease mailing volume. 

    I have been a partner of the USPS to ensure that it remains self-sufficient and, as advised by USPS, direct Iowans to the proper channels to seek remedies for the problems they face. Though, the persistence of issues with USPS’s services remains. For example, so far in 2025, no fewer than two dozen Iowans have contacted me outlining the challenges they are having with bills and checks being delivered on time, mail missing, and increased duration of mail pickup and delivery times. These issues are not location specific and span across every congressional district in Iowa. Additionally, I have heard from businesses about difficulties in maintaining mail volumes given the dramatic rate increases of more than 50% on USPS market dominant products, or that there is poor handling of packages and improper planning to satisfy shipping demand. Further, changes to rural delivery are impacting postal workers and customers alike. 

    In Congress, we often hear from USPS leaders that the legislative branch tends to hinder USPS’s ability to adapt to address the challenges it faces because members and the American people do not want any change to how USPS operates. While there may be some truth to that as change is often met with resistance, the initial years of the implementation of USPS’ self-help “Delivering for America Plan,” has not demonstrated that USPS is striking a needed balance of financial self-sufficiency and quality service. Delivering to every corner of the United States is no small feat, and I applaud the dedicated postal workers that serve their communities daily and USPS for the successes of decreasing its projected losses. That said, USPS must not let the quality of its service decline as reforms to achieve stronger financial footing are considered and implemented. 

    I recognize the challenges USPS faces and understand that given the advent of the internet and competition with other entities, there has been a considerable decrease in mail volume which has impacted the Postal Service’s operations and bottom line. The need for innovation is apparent. It appears that efforts, such as recovering market dominant revenue, are in practice facilitating counterproductive outcomes. The long-term viability of USPS ought to be the focus, so the institution remains to serve the American people for another 250 plus years. 

    As the USPS awaits to formally welcome Mr. David Steiner as the new Postmaster General; I strongly encourage you and Mr. Steiner to be innovative in the approaches to right size the institution as well as flexible when reforms are not working to ensure that it fulfills its mission successfully. Americans depend on it. 

    Sincerely, 

    Chuck Grassley 

    United States Senator 

    MIL OSI USA News –

  • MIL-OSI Economics: Money Market Operations as on June 26, 2025

    Source: Reserve Bank of India
    (Amount in ₹ crore, Rate in Per cent)
      Volume
    (One Leg)    		 Weighted
    Average Rate    		 Range
    A. Overnight Segment (I+II+III+IV) 6,07,651.46 5.16 0.01-6.30
         I. Call Money 18,327.98 5.27 4.75-5.35
         II. Triparty Repo 4,00,730.45 5.24 5.00-5.26
         III. Market Repo 1,86,894.48 4.97 0.01-5.75
         IV. Repo in Corporate Bond 1,698.55 5.46 5.40-6.30
    B. Term Segment      
         I. Notice Money** 565.85 5.26 5.00-5.30
         II. Term Money@@ 548.00 – 5.40-6.80
         III. Triparty Repo 2,750.00 5.41 5.20-5.50
         IV. Market Repo 446.63 4.02 2.00-5.65
         V. Repo in Corporate Bond 0.00 – –
      Auction Date Tenor (Days) Maturity Date Amount Current Rate /
    Cut off Rate
    C. Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF)
    I. Today’s Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo          
         (b) Reverse Repo          
      (II) Fine Tuning Operations          
         (a) Repo          
         (b) Reverse Repo          
    3. MSF# Thu, 26/06/2025 1 Fri, 27/06/2025 1,826.00 5.75
    4. SDFΔ# Thu, 26/06/2025 1 Fri, 27/06/2025 2,79,877.00 5.25
    5. Net liquidity injected from today’s operations [injection (+)/absorption (-)]*       -2,78,051.00  
    II. Outstanding Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo          
         (b) Reverse Repo          
      (II) Fine Tuning Operations          
         (a) Repo          
         (b) Reverse Repo          
    3. MSF#          
    4. SDFΔ#          
    D. Standing Liquidity Facility (SLF) Availed from RBI$       7,010.46  
    E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*     7,010.46  
    F. Net liquidity injected (outstanding including today’s operations) [injection (+)/absorption (-)]*     -2,71,040.54  
    G. Cash Reserves Position of Scheduled Commercial Banks
         (i) Cash balances with RBI as on June 26, 2025 9,35,809.33  
         (ii) Average daily cash reserve requirement for the fortnight ending June 27, 2025 9,54,173.00  
    H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ June 26, 2025 0.00  
    I. Net durable liquidity [surplus (+)/deficit (-)] as on May 30, 2025 5,84,684.00  
    @ Based on Reserve Bank of India (RBI) / Clearing Corporation of India Limited (CCIL).
    – Not Applicable / No Transaction.
    ** Relates to uncollateralized transactions of 2 to 14 days tenor.
    @@ Relates to uncollateralized transactions of 15 days to one year tenor.
    $ Includes refinance facilities extended by RBI.
    & As per the Press Release No. 2019-2020/1900 dated February 06, 2020.
    Δ As per the Press Release No. 2022-2023/41 dated April 08, 2022.
    * Net liquidity is calculated as Repo+MSF+SLF-Reverse Repo-SDF.
    ¥ As per the Press Release No. 2014-2015/1971 dated March 19, 2015.
    # As per the Press Release No. 2023-2024/1548 dated December 27, 2023.
    Ajit Prasad          
    Deputy General Manager
    (Communications)    
    Press Release: 2025-2026/601

    MIL OSI Economics –

  • MIL-OSI USA: New Hampshire Delegation Announces $900K Investment for NH Manufacturing Sector

    US Senate News:

    Source: United States Senator for New Hampshire Jeanne Shaheen

    (Washington, DC) – Today, U.S. Senators Jeanne Shaheen (D-NH)—a top member and former chair of the U.S. Senate Appropriations Subcommittee on Commerce, Justice, Science and Related Agencies that funds the National Institute of Standards and Technology (NIST)—and Maggie Hassan (D-NH) announced with U.S. Representatives Chris Pappas (NH-01) and Maggie Goodlander (NH-02) that the New Hampshire Manufacturing Extension Partnership (NH MEP) will receive $924,376 in funding from NIST to help New Hampshire’s small and medium-sized manufacturers fully participate in the Manufacturing Extension Partnership (MEP) National Network National Supply Chain Optimization and Intelligence Network.

    “Investing in American manufacturing is critical in order to grow our economy, advance American national security and out build competitors, like China,” said Senator Shaheen. “New Hampshire is a small business state, and this funding will help ensure that Granite State manufacturers have the support they need to drive that progress. MEPs are proven winners that bolster our economy, generate growth and support good-paying jobs in Granite State communities. I’ll continue working to secure investment in them.”

    “When Granite Staters are given a fair shot and the freedom to compete and thrive, there’s no limit to what they can do, and the NH Manufacturing Extension Partnership provides vital technical support and assistance that help manufacturers succeed,” said Senator Hassan. “Thanks to the advocacy of the leaders of New Hampshire MEP, we overcame attempts by the Trump Administration to dismantle the Manufacturing Extension Partnership in New Hampshire and across the country and got this funding restored. I look forward to continuing to get New Hampshire’s small businesses the support that they need.”

    “Smart investments in American manufacturing can grow our economy, create jobs, increase our global competitiveness, and bolster national security. The Manufacturing Extension Partnership National Network is one effective way we do this,” said Congressman Pappas. “This funding will support their work to help small and medium-sized New Hampshire manufacturers make more products and create more good-paying jobs in our state. I’ll always support investing in American innovation and manufacturing.”

    “Today is a good day for the future of manufacturing in New Hampshire,” said Congresswoman Goodlander. “The federal funding we are announcing today for New Hampshire manufacturers is going to strengthen the economic and national security of hardworking people across our state. I’ve been on the frontlines of the fight to protect and strengthen the Manufacturing Extension Partnership because in the midst of lawless and costly trade wars that threaten to put small businesses out of business, these investments will actually bring good paying manufacturing jobs back to New Hampshire.”

    The CHIPS and Science Act, which Shaheen, Hassan and Pappas supported, created the National Supply Chain Optimization and Intelligence Network, a supply chain and manufacturing resiliency initiative designed to assist small and medium-sized manufacturers build resilient, local supply chains and strengthen manufacturing capabilities. The MEP National Network helps manufacturers to meet critical needs, ranging from process improvement and workforce development to specialized business practices, including supply chain integration, innovation, and technology transfer.

    Since 1988, MEP has worked with over 150,000 manufacturers, leading to nearly $150 billion in sales, creating or retaining more than 1.6 million jobs, and saving firms nearly $31.6 billion. In the past year alone, firms assisted by MEP served as critical parts of our defense industrial base supply chain, made innovations in hazardous waste removal for the industries that power American energy production and invested in workforce development programming and certifications.

    During an Appropriations Committee hearing earlier this month, Shaheen raised concerns over U.S. Commerce Secretary Howard Lutnick’s plans to eliminate the Manufacturing Extension Partnership, noting that in Fiscal Year 2023, every dollar of federal investment in the program generated $24.60 in new sales growth and $27.50 in new client investment.

    Goodlander and Pappas have been advocating to protect NH MEP funding in the House since potential cuts were first announced in April of this year. Goodlander and Pappas sent a letter to the Trump Administration urging support for domestic manufacturers in New Hampshire and across the country in the wake of the Trump Administration’s move to end contracts for 10 Manufacturing Extension Partnership programs. They also urged Chairman Rogers and Ranking Member Meng to support NH MEP funding in the FY26 Commerce, Justice, Science, and Related Agencies appropriations bill.

    MIL OSI USA News –

  • MIL-OSI United Kingdom: UK joins ASEAN Senior Officials Meeting on Transnational Crime for the first time

    Source: United Kingdom – Government Statements

    World news story

    UK joins ASEAN Senior Officials Meeting on Transnational Crime for the first time

    This was done in partnership with Vietnam to propose joint action against human trafficking and scam centres, reinforcing commitment to regional security and law enforcement cooperation.

    The United Kingdom has participated for the first time in the ASEAN Senior Officials Meeting on Transnational Crime (SOMTC) open consultation, marking a significant milestone in its growing partnership with Southeast Asia on regional security and law enforcement cooperation. The UK was represented by the Home Office Director of International Strategy, Engagement and Devolution.

    During this event, the UK and Vietnam presented a joint proposal for future regional activity on the critical areas of trafficking in persons and scam centres, which was warmly welcomed by the group. These issues cause immense harm across the world and continue to devastate lives and undermine security.

    This engagement builds on the UK’s existing collaboration with ASEAN, including through the UK’s National Crime Agency’s formal partnership with ASEANAPOL and the UK’s active role in supporting the establishment of an ASEAN Money Laundering Working Group, in collaboration with Malaysia and UNODC.

    SOMTC Viet Nam said:

    As Country Coordinator for ASEAN-UK Dialogue Relations for the 2024–2027 period, Viet Nam is pleased to support the strengthening of this important partnership, grounded in mutual trust and a shared commitment to regional peace and stability. The ASEAN-UK Open Consultation at SOMTC represents a timely and meaningful step forward in our collective efforts to address transnational crime, particularly in areas of growing concern such as trafficking in persons and scam centres.

    The joint proposal led by SOMTC – Viet Nam and the United Kingdom reflects our common resolve to foster practical, forward-looking cooperation. We welcome the UK’s continued engagement with ASEAN and remain committed to working closely with all partners to promote a rules-based regional order, reinforce law enforcement collaboration, and protect the safety and well-being of our communities.

    Malaysia, as 2025 ASEAN Chair said:

    Malaysia together with ASEAN welcomes the United Kingdom’s inaugural participation in the SOMTC Open Consultation, which reflects ASEAN’s shared commitment in tackling the evolving threats of transnational crime.

    Malaysia looks forward in deepening collaboration with the UK and ASEAN partners, particularly in strengthening financial integrity, addressing online scams, and dismantling criminal networks that exploit regional vulnerabilities.

    The UK’s participation in SOMTC reflects its broader commitment as an ASEAN Dialogue Partner to support ASEAN centrality, regional stability, uphold international norms, and promote a safe and secure Indo-Pacific. Through continued collaboration, the UK and ASEAN aim to build more resilient institutions, strengthen law enforcement cooperation, and protect the rights and safety of people across the region.

    UK Ambassador to ASEAN, Sarah Tiffin, said:

    Transnational crime knows no borders, and neither should our cooperation. The UK is proud to stand alongside ASEAN in tackling the serious threats posed by trafficking, fraud and illicit finance (including money laundering). These crimes not only harm individuals and communities—they also erode trust, fuel corruption, weaken governance and threaten the rule of law. Our shared commitment to addressing these challenges is stronger than ever.

    The UK is pleased to work jointly with ASEAN to tackle fraud and the flow of dirty money that fuels organised crime, corruption, and instability across the region.

    The UK has committed to supporting the UNODC-INTERPOL Global Fraud Summit, taking place in March 2026, and will be hosting an Illicit Finance Summit, both of which will convene a diverse coalition of countries to accelerate the implementation of global standards and enhance long-term cooperation between governments, law enforcement and the private sector. 

    Updates to this page

    Published 27 June 2025

    MIL OSI United Kingdom –

  • MIL-OSI USA: TOMORROW: Governor Newsom to respond to Trump’s Big Ugly Bill, outline devastating hit to Californians’ health care

    Source: US State of California Governor

    Jun 26, 2025

    SACRAMENTO — Governor Gavin Newsom will join state healthcare and social service officials to host a virtual press conference in response to Trump’s “Big, Beautiful Bill,” which threatens to eliminate coverage for up to 3.4 million Californians and cut at least $28.4 billion in Medicaid funding to California.

    WHEN: Friday, June 27 at approximately 1:15 p.m.

    WHO: 

    • Governor Gavin Newsom
    • Secretary Kim Johnson, California Health and Human Services Agency
    • Director Michelle Baass, California Department of Health Care Services
       

    LIVESTREAM: Governor’s Twitter page, Governor’s Facebook page, and the Governor’s YouTube page. This event will also be available to TV stations on the LiveU Matrix under “California Governor.”

    NOTE: Credentialed media interested in asking a question during the virtual press conference must RSVP by clicking here no later than 12:30 p.m., June 27. 

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    MIL OSI USA News –

  • MIL-OSI China: Lack of essentials in Gaza leads to increase in preventable diseases: UN

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

    Palestinians gather to receive food aid at a food assistance distribution point in Gaza City, on June 26, 2025. [Photo/Xinhua]

    UN humanitarians said Thursday that its partners delivering health aid in Gaza reported a spike in preventable diseases linked to a lack of clean water, sanitation and fuel.

    The UN Office for the Coordination of Humanitarian Affairs (OCHA) said that in the last two weeks, more than 19,000 cases of acute watery diarrhea were recorded, alongside more than 200 cases each of acute jaundice syndrome and bloody diarrhea.

    “These outbreaks are directly linked to the lack of clean water and sanitation in Gaza, underscoring the urgent need for fuel, medical supplies, and water, sanitation and hygiene items to prevent further collapse of the public health system,” the humanitarians said.

    Palestinians collect items in the rubble of a destroyed building after an Israeli airstrike at the Shati refugee camp, west of Gaza City, on June 26, 2025. [Photo/Xinhua]

    The partners also reported yet another mass casualty incident for Al Aqsa Hospital following an airstrike in Deir al-Balah.

    They said the hospital received more than 20 people killed and 70 others injured. Additional wounded patients had to be transferred to Nasser Medical Complex and two other health facilities.

    “Civilians in Gaza continue to be killed or injured daily, whether in Israeli airstrikes, shelling, or while trying to find food for their families,” said OCHA. “These tragic events must not be normalized and must come to an immediate end.”

    On a more positive note, the World Health Organization (WHO) reported delivering its first medical shipment into Gaza since March 2, when Israel imposed a full blockade on the strip. Nine trucks carrying essential medical supplies, 2,000 units of blood, and 1,500 units of plasma were transported from the Kerem Shalom/Karem Abu Salem border crossing.

    Palestinians carry aid they received from trucks that entered the northern Gaza Strip, at a street north of Gaza City, on June 22, 2025. [Photo/Xinhua]

    The WHO said the supplies were being distributed to priority hospitals. The blood and plasma were delivered to the cold storage facility at Nasser Medical Complex in Khan Younis in southern Gaza, to be distributed to hospitals facing critical shortages amid a growing influx of injuries, many linked to incidents at the non-UN, militarized food distribution sites run by the United States.

    The WHO said the shipment of the badly needed medical supplies is only a drop in the ocean.

    OCHA said that to meet humanitarian needs and help reduce looting, it is essential to increase the flow of humanitarian and essential commercial goods into Gaza through multiple crossings and routes and facilitate their safe distribution across the strip.

    The office said that on Wednesday, six out of 17 attempts to coordinate humanitarian movements inside Gaza were rejected outright by the Israeli authorities. The planned UN missions included trucking water and repairing roads. Nine other coordination attempts, including the removal of solid waste and collection of cargo from the crossings, were facilitated by the Israeli authorities. Two additional attempts were not made.

    “The continued restrictions on humanitarian access are severely undermining life-saving operations,” the office said.

    People carry the bodies of three Palestinians killed in an Israeli settler attack in the town of Kafr Malik east of Ramallah, central West Bank, on June 26, 2025. [Photo/Xinhua]

    OCHA said it is gravely concerned about escalating violence and Israeli settler attacks against Palestinians in the West Bank.

    The office said it documented an attack where three Palestinians were killed and several others injured when hundreds of settlers, some armed and accompanied by Israeli forces, raided the village of Kafr Malik and set fire to occupied homes on Wednesday. The Palestinian Central Bureau of Statistics in the Ramallah governorate reported that Kafr Malik has a population exceeding 3,000.

    OCHA said that in another attack on Wednesday, about 20 settlers set fire to farmland in Asira al Qibliya village in Nablus governorate.

    “Civilians continue to bear the brunt of this prolonged Israeli occupation,” the office said of violence in Gaza and the West Bank. “OCHA reiterates its call for the protection of civilians and humanitarian personnel, full respect for international law, and unfettered humanitarian access.”

    MIL OSI China News –

  • MIL-OSI China: Guangdong takes various measures to boost robot industry

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

    Staff members debug a humanoid robot at a robot company in Shenzhen, south China’s Guangdong Province, June 25, 2025. In recent years, Guangdong Province has taken various measures to develop the robot industry. The application and promotion of embodied artificial intelligence robots has been gaining speed in Guangzhou and Shenzhen, and a provincial embodied artificial intelligence robot innovation center was established in Shenzhen. In addition, cities like Foshan, Dongguan and Zhuhai are encouraged to give full play to their manufacturing advantages to build robot production bases.

    Guangdong’s industrial robot output exceeded 240,000 units in 2024 with a year-on-year increase of 31.2 percent, ranking first in the country for five consecutive years, according to the Department of Industry and Information Technology of Guangdong Province. (Xinhua/Li An)

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