Category: Business

  • MIL-OSI: DRML Miner Launches Zero-Cost Cloud Mining Platform, Empowering Users Worldwide to Mine Crypto with Ease and Sustainability

    Source: GlobeNewswire (MIL-OSI)

    London, UK, June 21, 2025 (GLOBE NEWSWIRE) —  DRML Miner, a UK-based cloud mining provider, today announced the official launch of its innovative zero-cost cloud mining platform, designed to make cryptocurrency mining accessible, sustainable, and profitable for users across the globe.

    With the cryptocurrency market experiencing renewed interest and mining becoming increasingly challenging for individuals, DRML Miner aims to remove traditional barriers such as expensive hardware, high electricity costs, and technical complexity. The platform’s fully automated mining system, powered by 100% renewable energy, allows anyone to mine Bitcoin (BTC), Dogecoin (DOGE), or Litecoin (LTC) instantly, without prior mining experience or upfront investment.

    The company’s easy-to-use interface, fast registration process, and free $10 starter contract enable users to begin earning daily rewards immediately. By leveraging global green energy resources, DRML Miner ensures its operations remain both profitable for users and sustainable for the environment.

    “At DRML Miner, our mission is clear — to democratize cryptocurrency mining and make it truly accessible to everyday people,” said Alyssa Taylor, Advertising Manager at DRML Miner. “We believe everyone should have the chance to benefit from the blockchain economy without the hassle of costly hardware, hidden fees, or complex setups. With DRML Miner, mining is now simple, secure, and zero-cost to start.”

    Platform Highlights and Key Benefits

    Instant $10 Free Mining Contract
    Every new user who registers at https://drmlminers.com/ receives a complimentary $10 mining plan, allowing them to start generating crypto rewards right away — with no credit card required.

    100% Renewable Energy Mining
    DRML Miner operates high-efficiency mining farms in Iceland and Kazakhstan, utilizing only clean, renewable energy sources. This commitment reduces the carbon footprint and supports a greener blockchain ecosystem.

    Global Reach and Multilingual Support
    The platform is accessible in over 100 countries and supports multiple languages, catering to both novice users and experienced crypto enthusiasts seeking a hassle-free passive income stream.

    Flexible Plans and Upgrade Options
    Users can continue mining for free or choose to upgrade to higher-yield contracts at any time, unlocking greater daily returns with flexible terms that fit every budget.

    Referral Program and Community Engagement
    Through DRML Miner’s robust affiliate program, users can invite friends and earn commission bonuses, transforming word-of-mouth into an additional revenue stream. The company also runs community campaigns, cashback offers, and exclusive promotions to reward loyal miners.

    A Timely Solution for the Crypto Community

    Since its initial rollout earlier this year, DRML Miner has attracted thousands of users eager to explore a risk-free entry into crypto mining. As blockchain adoption grows and traditional mining costs soar, DRML Miner’s affordable, clean-energy approach offers a compelling alternative for passive crypto earnings.

    “We see tremendous demand for simple, eco-friendly mining solutions,” added Taylor. “By combining advanced technology with sustainable energy, we provide users a dependable way to earn crypto without contributing to excessive energy consumption.”

    To learn more and join the growing DRML Miner community, visit the official website at https://drmlminers.com/.

    About DRML Miner
    DRML Miner is a UK-based cloud mining company dedicated to providing safe, affordable, and environmentally responsible cryptocurrency mining services. Regulated and compliant with UK standards, DRML Miner empowers individuals to participate in the digital currency market easily and profitably, without upfront costs or technical know-how.

    For media inquiries, please contact:
    DRML Miner
    Advertising Manager
    info@drmlminer.com
    10 Hollies Road, Allestree, Derby, England
    drmlminers.com

    Attachment

    The MIL Network

  • MIL-OSI Economics: Igor Sechin Presents Keynote Speech at SPIEF-2025 Energy Panel

    Source: Rosneft

    Headline: Igor Sechin Presents Keynote Speech at SPIEF-2025 Energy Panel

    As part of the XXVIII St. Petersburg International Economic Forum, an Energy Panel organized with the support of Rosneft was held. Igor Sechin, Chief Executive Officer of the Company, presented the keynote speech “Odyssey Of The Global Economy In Search Of The Golden Fleece. The New Landscape Of Global Energy”.

    The head of Rosneft presented a detailed analysis of the current situation on the energy market.

    Special attention in the report was paid to the overdue transformation of the global energy sector. The development of high technologies requires a significant amount of natural resources, including energy resources. Training and use of artificial intelligence on the basis of large data processing centers is a highly energy-intensive process.

    Igor Sechin noted in his report that our civilization is at a critical juncture – the global energy industry is facing a large-scale transformation and the energy consumption model is changing. Against this backdrop, every country is facing the issue of the need to ensure energy security.

    Huge investments made in recent years to develop alternative energy sources have not yielded tangible results. Moreover, the inclusion of renewable energy sources in the energy systems of a number of countries has reduced reliability and even caused large-scale blackouts.

    The Energy Panel at SPIEF also brought together heads of major energy companies and leading market experts to discuss the prospects and new vectors of global energy development in the emerging multipolar world.

    The event was also attended by Mohammed Bin Saleh Al-Sada, Chairman of Rosneft’s Board of Directors, Delcy Rodriguez, Executive Vice President of the Republic of Venezuela, Zhang Daowei, Vice President of CNPC, Panda Madhusudana Shiva Prasad, Executive Director of Reliance Industries, Simon Aloysius Mantiri, Chief Executive Officer of Pertamina, Alexander Dynkin, Academician of the Russian Academy of Sciences, Zhurabek Mirzamakhmudov, Minister of Energy of the Republic of Uzbekistan, Zhurabek Mirzamakhmudov, Chairman of the Supervisory Board of the Japanese Government’s non-profit initiative for the development of a new oil and gas industry in the Republic of Uzbekistan, and the Chairman of the Supervisory Board of the Japanese Government’s non-profit initiative for the development of a new oil and gas industry.

    The Energy Panel was moderated by Rick Sanchez, a renowned American journalist and host of the RT TV channel.

    THE NEW FACE OF GLOBAL ENERGY

    The current state of the global energy industry is at the stage of forming a new image due to the multiple growth of electricity consumption, the generation of which will be provided by both fossil fuels and renewable sources, said the head of Rosneft. In his report, Igor Sechin described the main factors influencing the change in this image, including: the need to ensure energy security and commercial efficiency of energy sources, budget deficit and avalanche growth of public debt, as well as the demography of developing countries.

    Another factor that, according to the head of Rosneft, affects both energy production and consumption growth is the digital revolution with the application of artificial intelligence and work with big data.

    The electric power sector will have a special role to play, as it will have to overcome the risk of shortages due to the surge in consumption growth in China, India, developing countries and the huge need for electricity to supply data centers and heavy industry. According to Sechin, already today the level of electricity generation in China is more than twice as high as in the U.S., whereas 20 years ago the situation was the opposite.

    In his opinion, investments in this sector will exceed investments in fossil fuels by 50% as early as 2025. ” Indeed, over the past 15 years, electricity consumption has grown at a faster pace, and according to IEA projections, electricity generation is set to nearly double over the next 25 years,” Igor Sechin added.

    At the same time, the largest contribution to this growth will also be made by the countries of the Asia-Pacific region, which will provide 60% of the consumption growth. “This trend is particularly evident in India, where peak demand on the power system has risen by nearly 70% over the past decade,” said the head of Rosneft.

    In his report, Igor Sechin quoted Vaclav Smil, one of the most respected scientists of our time and a proponent of a realistic approach to the transition to new energy sources: “Energy is the universal currency. One of its many forms must be transformed to get anything done.”

    The head of Rosneft noted that modern societies with high energy consumption prefer to use resources with the highest useful energy yield, primarily fossil fuels.

    “Those who can actually take part in shaping the new energy landscape will have the opportunity to achieve advanced economic and technological growth. This brings to mind the legend of the search for the Golden Fleece by the Argonauts who overcame enormous hurdles and troubles on the way to achieving happiness and prosperity,” Igor Sechin said.

    The synthesis of conventional and alternative energy sources is currently the optimal solution for the development of the global energy sector, the head of Rosneft is convinced.

    Igor Sechin emphasized that the search for new energy sources never stops, and today there is active work on the development of a number of promising technologies. However, their full-fledged implementation is still a long way off, as current technological solutions in this area are too expensive and inferior to traditional energy sources in terms of a number of parameters.

    CHINA: SMART APPROACH AND ENERGY INDEPENDENCE

    Igor Sechin noted that China is a unique example of a competent approach to the development of the energy system – the country now accounts for a third of global investments in the energy sector.

    “In my opinion, China, which has already ensured its energy security, is confidently moving towards complete energy independence, forming a stable energy balance based on its own resources. There is no doubt, taking into account the persistence and professionalism of the Chinese comrades, that in the foreseeable future they will achieve the desired result, which will turn China from an importer of energy resources into a major energy exporter,” Rosneft CEO said.

    In recent years, China has been commissioning the largest amount of new renewable energy capacity and is home to more than 70% of the world’s green economy equipment manufacturing capacity. This applies to the entire value chain: from critical minerals to the production of high-tech equipment that has no analogues in Western countries, Sechin emphasized.

    The head of Rosneft also noted China’s efforts in increasing investments in related infrastructure: investments in power grids increased by 15% last year and may double this year.

    At the same time, China has never abandoned fossil fuels. The country has outpaced the rest of the world in terms of commissioning new coal-fired generation capacity over the past five years. “Today, coal accounts for almost 60%  of China’s electricity generation. Last year alone, China issued permits for about 100 gigawatts of new coal-fired power generation , the highest in a decade, which should strengthen coal’s role in the grid,” the Rosneft head emphasized.

    Igor Sechin noted that an important part of the strategy to reduce dependence on energy imports is the processing of coal into synthetic fuels and chemical products.

    “Chinese companies are investing billions of dollars in the development of this industry. According to experts, today in China 40 million tons of coal is used to produce synthetic fuels and more than 260 mln tons for ammonia and methanol production,” Igor Sechin stressed.

    ROSNEFT SYNTHETIC OIL

    Rosneft has completed the development of proprietary technologies and catalysts throughout the entire chain of the GTL process and plans to introduce this technology in Taimyr, Igor Sechin said. He added that all stages of the technological process are covered by relevant patents.

    The head of the Company demonstrated to the participants of the energy panel a flask with the obtained fuel, noting that it is synthetic oil consisting of the purest hydrocarbon molecules with zero sulfur content.

    “To anyone who is interested, we are ready to provide samples,” he added, addressing the participants and audience of the Energy Panel.

    NUCLEAR RENAISSANCE

    The importance of nuclear power, which is a natural complement to fossil fuels, is growing, Igor Sechin noted.

    A few years ago, the nuclear power industry was in a deep crisis due to the decline in activity in the industry. However, then the situation started to change. “Over the past five years, global annual investments in nuclear energy have increased by 50%, reaching 70 billion dollars last year . China has become one of the leaders in nuclear power today. Over the past ten years, the installed capacity of nuclear generation in this country has increased fivefold and approached 60 GW. China plans to complete the construction of 32 more reactors in the coming years,” said Rosneft’s head.

    At the same time, Sechin called it important that China relies on the latest technological achievements of the leading nuclear powers – Russia, the United States and France – to develop its nuclear industry.

    He noted that Russia has many years of experience in building nuclear power plants. The cost of the most modern Russian VVER-1200 reactor is significantly lower than that of the American AP-1000. Today, such reactors are already operating in Russia and are planned to be commissioned in friendly countries.

    “Today, Russia is the only country in the world that has expertise in the entire technological chain of the nuclear fuel cycle, from uranium mining to nuclear fuel disposal. In total, 80 nuclear reactors have been built in the world using Russian technologies,” Igor Sechin said.

    Also, a sodium-cooled nuclear reactor belonging to the category of fast neutron reactors, the BN-800, has been successfully operating in our country for ten years, another latest-generation fast neutron reactor, the BN-1200, is under construction.

    The head of Rosneft expects further growth of investments in the nuclear sector: new technologies, such as small modular reactors, are now attracting increased attention from investors. While such reactors are more mobile, their implementation also requires investments in the development of power grids. In addition, special attention should be paid to their safety and security against terrorist threats.

    ENERGY – DRIVING FORCE OF THE NEW TECHNOLOGICAL REVOLUTION

    The energy sector is one of the main drivers of the new technological revolution, Igor Sechin believes.

    He noted that the digital revolution with the application of artificial intelligence and work with big data should become the basis for labor productivity growth. According to the assessment of investment bank Goldman Sachs, large-scale implementation of high technologies will increase labor productivity by 1.5 p.p. for developed countries and by 1 p.p. for developing countries within 10 years.

    “The development of advanced technologies requires substantial natural resources, as well as large-scale investments in infrastructure and human capital. This, in turn, means a multiple increase in energy consumption,” Rosneft CEO noted.

    He recalled that the use of artificial intelligence on the basis of big data processing centers is a highly energy-intensive process. Such centers, according to Sechin, will contribute more to the growth of global electricity demand than heavy industry or heat supply.

    Igor Sechin also cited the development of the cryptocurrency market as an example of the impact of digitalization on the global energy system. According to him, in less than ten years, cryptocurrency has become an independent industry that today consumes resources on a par with entire countries. For example, the energy consumption of the entire bitcoin network as of May 2025 has already exceeded the level of electricity consumption in Poland.

    “GREEN” TRANSITION TO REGRESSION

    Proponents of the “net zero” concept are leading mankind to energy regression, Igor Sechin believes.

    He recalled that whenever mankind switched to a new type of fuel, the efficiency of the energy system increased and its capabilities expanded. “This was due to the fact that the new energy source usually had a higher energy flux density,” the Rosneft head explained.

    Eminent scientist Pyotr Kapitsa proved – energy flow density is a key characteristic of any kind of energy. “By this indicator, such types of fossil fuels as coal (135.1 W/m2), oil (195 W/m2) and gas (482 W/m2), as well as nuclear energy (241 W/m2) are far ahead of both solar (6.6 W/m2) and wind energy (1.8 W/m2) . Thus, the concept of ‘net zero’ actually crosses out centuries of progressive development of society, offering mankind an energy regression,” said the head of Rosneft.

    At the same time, European politicians do not have the courage to publicly recognize this fact. “Their blind faith in the ‘green’ transition already resembles an addiction. As one of the classics of French literature aptly put: ‘A red nose is a sign of constancy of character’,” Igor Sechin emphasized. The ill-considered strategy of abandoning conventional generation has already resulted in the fact that the cost of electricity in Europe today is five times higher than in the US, he added.

    Sechin also reminded that the European Union continues to try to push through the reduction of the price cap on Russian oil to 45 dollars per barrel.

    “I believe that the real purpose of this is the EU’s desire to increase the efficiency of its purchasing from Russia, not to reduce Russian budget revenues, as was publicly declared. Figures confirm this: according to Western experts, since the beginning of 2023, Europe has purchased more than 20 billion euros worth of Russian oil, thus becoming the fourth largest buyer,” Sechin said.

    However, he thinks it is clear that the U.S. will not agree to lower the price cap because it would negatively affect the profitability of U.S. oil exports.

    THE DECLINE OF THE WEST

    Igor Sechin noted that interest payments on the U.S. government debt divert significant budgetary resources. He reminded that the predicament in which developed countries find themselves due to the growth of government debt is already reflected in the assessment of their creditworthiness. Thus, in May, Moody’s became the last of the three leading international rating agencies to strip the US of its highest credit rating.

    The Rosneft head explained that with the growing deficit, interest payments divert significant budget resources from social and defense spheres. “Last year, net interest payments on the national debt reached a trillion dollars, which accounted for 14% of all state budget expenditures, exceeded defense spending and is already approaching the amount of healthcare spending,” Sechin said.

    The head of Rosneft also recalled on history and gave an example of how great powers come to decline due to excessively high levels of government debt. ” By the late 18th century, French rulers had experienced firsthand how a fiscal guillotine could swiftly transform into a literal one,” Igor Sechin noted.

    By that time, France had accumulated so much debt that it took more than half of all government expenditures to service it, which led to an increase in taxes. According to the Rosneft CEO, this was one of the main reasons for the Great French Revolution, which, in essence, ensured the transition from a monarchy to a bourgeois parliamentary republic.

    INDUSTRY LEADERS

    The Energy Panel of the XXVIII St. Petersburg International Economic Forum continued with presentations by leading industry experts, politicians, scientists, government officials and heads of major international energy companies.

    Their assessments and forecasts largely coincided with the industry development concept presented by Igor Sechin, head of Rosneft.

    Mohammed Bin Saleh Al-Sada, Chairman of Rosneft’s Board of Directors, opened the discussion of Igor Sechin’s report, noting the depth of his analysis. “It was comprehensive – the way you showed that progress and energy are inseparable,” Al-Sada addressed Sechin.

    The head of Rosneft’s Board of Directors drew the audience’s attention to the fact that despite the active promotion of the idea of transition to renewable energy sources, the share of fossil energy sources in the energy mix has not changed in recent decades. He recalled that Igor Sechin mentioned in his report that fossil fuels account for 80% of the global energy balance.

    “I would also like to take as a baton from Mr. Sechin, and pass my comment to you. It’s like food for thought: are we really moving from fossil fuels to renewable fuels?”,” Al-Sada addressed the audience.

    Zhang Daowei, Vice President of China’s CNPC, noted that he listened with interest to the report of Rosneft’s CEO. In his speech, the top manager of the Chinese company expressed similar assessments of the ways of global energy development, in particular, the need for synergy between traditional and new energy sources.

    According to the vice president, CNPC, on the one hand, continues to increase the exploration and development of oil and gas fields domestically and import high-quality resources from abroad, including strengthening long-term cooperation with Russia in hydrocarbon trade. On the other hand, CNPC is actively pursuing a “green” strategy, low-carbon development and realizing the development of a “three-step strategy” combining oil and gas projects with wind, solar, geothermal, hydrogen and carbon capture technologies.

    Simon Aloysius Mantiri, President and CEO of Pertamina Indonesia, said the company is pursuing a dual growth strategy that is based on both conventional resources and low-carbon solutions. At the same time, natural gas plays an important role in the country’s energy mix.

    The head of Pertamina doubled down on the thesis of Igor Sechin’s report and emphasized that by achieving a balance of energy sources and a comprehensive approach, the company is able to ensure high rates of economic growth and, in parallel, carbon neutrality.

    Reliance Industries executive director P.M.S. Prasad said India is not choosing between energy access and innovation. “India is integrating both. By developing scalable, context-specific solutions, India is addressing local priorities while making a significant contribution to global sustainability. From rural microgrids to energy efficient data centers, India is turning its potential into a strategic asset,” Prasad said.

    He also emphasized the significant role of nuclear power generation in the country’s energy balance and spoke about plans to build nuclear power plants in India, including modular ones.

    The renewed interest in investments in NPP construction was noted in the speech of the Minister of Energy of Uzbekistan Zhurabek Mirzamakhmudov. He told about joint plans with Russia to build two units of 55 megawatts each, and two units of WWR type reactors – water-water energetic reactor. The head of the ministry also said that gas-fired power plants are being installed in the country , hydropower is being developed, the share of renewable sources is increasing, and storage systems are being created at the same time.

    The Minister noted the substantial nature of Igor Sechin’s report, which contains a detailed analysis and reflects all trends in the development of global energy, science and economy.

    In her speech, Delcy Rodriguez, Executive Vice President of the Republic of Venezuela, supported the thesis expressed by the Head of Rosneft that energy security issues should come first and named the main components of a stable energy system of the future: energy security, reliable supplies, accessibility for all, and at the same time respect for nature – with minimal environmental impact.

    Speaking about the main threats to energy security, Rodriguez supported Igor Sechin’s assessment: illegal sanctions against producing countries and the hegemony of the dollar are the main threats.

    Nobuo Tanaka, Chairman of the Supervisory Board of the Japanese government’s non-profit Low Carbon Technology Initiative, for his part, said that the answer to energy security is always related to diversifying sources of supply, improving energy efficiency and seeking alternative energy sources, including renewable energy, nuclear energy and regulating the market through predictable policies.

    Igor Sechin’s thesis that the digital revolution opens a new era in the development of the oil and gas industry was warmly echoed by the audience. In particular, David Gadzhimirzaev, General Director of TOFS Oilfield Services Group, thanked Rosneft for supporting innovation and technology development. He emphasized the importance of ensuring the availability, stability and reliability of resources, which is exactly what new technologies that will reduce the cost of bringing barrels to the surface can provide.

    REPORT OF THE CHIEF EXECUTIVE OFFICER OF ROSNEFT I.I. SECHIN AT THE SPIEF ENERGY PANEL

    PRESENTATION OF I.I. SECHIN`S REPORT AT THE SPIEF ENERGY PANEL

    Department of Information and Advertising
    Rosneft Oil Company
    June 21, 2025

    MIL OSI Economics

  • MIL-OSI Africa: Medal award ceremony for the 9th Nigerian company of the Economic Community of West African States (ECOWAS) mission to The Gambia


    Download logo

    The 9th Nigerian Company (NIGCOY 9) of the ECOWAS Mission in The Gambia was deployed as part of the mission on the 26th of June 2024. After completing the required period of service in the area of operation, its members were awarded the ECOWAS Peace Medal at a ceremony held on the 9th of May 2025.

    This distinction honours their invaluable contribution, their sacrifices, their unwavering dedication and their constant commitment to peace, stability and security in the west coast region of The Gambia.

    The ceremony took place in the presence of Her Excellency Mrs Miatta Lilly French, ECOWAS Special Representative and Head of Mission in The Gambia, the Gambian Minister of Defence, the Honourable Sering Modou and many high-ranking civilian and military figures.

    In their speeches, the speakers unanimously praised the exemplary commitment of the NIGCOY, as well as its decisive contribution to the maintenance of peace and order in the country. The Special Representative particularly congratulated the company commander on the perfect organisation of the parade, while highlighting the unit’s humanitarian actions and constant support for the Gambian people.

    The presence of the representative of the Chief of Staff of the Armed Forces, Lieutenant-General MO Cham, the Chief of Staff of the Gambian Army, commanders of the defence and security forces, and representatives of the local communities, underlined the strength of the ties between the Gambian Armed Forces and the Nigerian-Iranian contingent.

    Finally, Mission Headquarters presented NIGCOY with an official citation in recognition of its essential role in preserving peace and stability in the West African sub-region.

    Distributed by APO Group on behalf of Economic Community of West African States (ECOWAS).

    MIL OSI Africa

  • MIL-OSI Economics: Global Energy Balance: Heads of Major Energy Companies, Experts Discuss Future of Energy Sector at SPIEF

    Source: Rosneft

    Headline: Global Energy Balance: Heads of Major Energy Companies, Experts Discuss Future of Energy Sector at SPIEF

    At the Energy Panel of the XXVIII St. Petersburg International Economic Forum, leading industry experts, politicians, scientists, government officials and heads of major international energy companies discussed current trends in the global energy market.

    Their assessments and forecasts largely coincided with the visionary concept of industry development presented by Igor Sechin, Head of Rosneft. In his report “Odyssey of the Global Economy in Search of the Golden Fleece. The New Landscape a of the Global Energy Industry”, he announced that the current state of the global energy industry is at the stage of formation of a new image due to the multiple growth of electricity consumption, the generation of which will be provided by both fossil fuels and renewable energy sources. According to him, the optimal solution today is “synthesis of conventional and alternative energy sources”.

    The event, organized with the support of Rosneft, was addressed by Mohammed Bin Saleh Al-Sada, Chairman of the Rosneft Board of Directors, Delcy Rodriguez, Executive Vice President of the Republic of Venezuela, Simon Aloysius Mantiri, Chief Executive Officer of Pertamina, Zhang Daowei, Vice President of CNPC, Shiva Prasad Panda Madhusudana, Executive Director of Reliance Industries, Alexander Dynkin, Academician of the Russian Academy of Sciences, Zhurabek Mirzamakhmudov, Minister of Energy of the Republic of Uzbekistan, Nobuo Tanaka, Chairman of the Supervisory Board of the Japanese government’s non-profit Low Carbon Technology Initiative, and David Gadzhimirzaev, President of TOFS.

    ENERGY TRANSITION WITHOUT TRANSITION

    Mohammed Bin Saleh Al-Sada opened the discussion of Igor Sechin’s report, noting the depth of his analysis. “It was comprehensive – the way you showed that progress and energy are inseparable,” Al-Sada addressed Sechin.

    The head of Rosneft’s Board of Directors drew the audience’s attention to the fact that despite the active promotion of the idea of transition to RES, the share of fossil energy sources in the energy mix has not changed in recent decades. He recalled that Igor Sechin mentioned in the report that fossil fuels account for 80% of the global energy mix. “And this statistic has not changed for the last 20 years! We are fluttering around these 80% fossil fuels and energy sources, and so not much has changed!” exclaimed Al-Sada, describing the situation in the global energy sector.

    “In other words, we are essentially not making any transition away from hydrocarbons,” he concluded, emphasizing that the transition to renewables is being imposed on the industry and the public.

    “I would also like to take as a baton from Mr. Sechin, and pass my comment to you. It’s like food for thought: are we actually transitioning from fossil fuels to renewable fuels?“,” Al-Sada addressed the audience.

    The Rosneft Chairman also noted that energy demand does not always coincide with production growth for various reasons.

    “I would like to express two small thoughts in order to further enhance the valuable things we heard in Mr. Sechin’s words. <...> Lack of investment is already a reality in the hydrocarbon and energy sectors. This is something that could really bring us to a serious energy shortage. “If this trend continues we could face an energy shortage. This is not only my personal opinion, but also what a large number of analysts, including the International Energy Agency, and other respected experts, who in their reviews have emphasized the importance of having sufficient investment in the hydrocarbon sector. Otherwise, we will face the risk of a primary energy shortage!”, emphasized Al-Sada.

    FUTURE FOR SYNERGY

    Zhang Daowei, Vice President of China’s CNPC, remarked on the interest in the report by Rosneft’s CEO. In his speech, the top manager of the Chinese company expressed similar assessments of the ways of development of the global energy sector – in particular, the need for synergy between traditional and new energy sources.

    “We have always believed that in the context of the energy transition course, it is necessary to adhere to synergetic, integrated development of traditional and new energy sources, to take full account of the characteristics and degree of development of our countries’ markets, to properly link energy transition with energy security, and to promote a fair and sustainable model of energy transformation,” Daowei said.

    According to the vice president, under this philosophy, CNPC, on the one hand, continues to increase the exploration and development of oil and gas fields domestically and import high-quality resources from abroad, including strengthening long-term cooperation with Russia in the field of hydrocarbon trade. On the other hand, CNPC is actively pursuing a green, low-carbon development strategy and realizing the development of a “three-step strategy” combining oil and gas projects with wind, solar, geothermal, hydrogen and carbon capture technologies.

    Simon Aloysius Mantiri, President and CEO of Pertamina Indonesia, said that the company is pursuing a dual growth strategy that is based on both conventional resources and low-carbon solutions. Meanwhile, natural gas plays an important role in the country’s energy mix.

    “Natural gas is at the center of our strategy to transition to cleaner fuels. And today we are expanding our LNG capacity and capability for both domestic and export needs,” he said.

    The Pertamina chief virtually reiterated the point made in Igor Sechin’s report and emphasized that by achieving a balance of energy sources and a comprehensive approach, the company is able to ensure high economic growth and carbon neutrality in parallel.

    Reliance Industries CEO P.M.S. Prasad said India does not choose between energy access and innovation. “It is integrating both. By developing scalable, context-specific solutions, it is addressing local priorities while making a significant contribution to global sustainability. From rural microgrids to energy efficient data centers, India is turning its potential into a strategic asset,” Prasad said.

    He emphasized that international partnerships play a vital role in this ambitious effort. “Energy remains a key cornerstone of the strategic relationship between India and Russia. India values this trusted partnership and appreciates the cooperation forged over decades. The leadership of both countries is committed to take this partnership to an even higher bar in the future,” summarized Reliance Industries’ CEO.

    NUCLEAR POWER PLANTS ARE NOT BEING WRITTEN OFF

    Rosneft CEO Igor Sechin, in his keynote speech at the Energy Panel, noted the growing interest in nuclear power generation worldwide and, accordingly, the growth of investments in this area. According to him, this is happening against the backdrop of growing energy consumption and in future nuclear power will be in demand along with fossil sources and renewable energy sources.

    Reliance Industries CEO Panda Madhusudana Shiva Prasad, in turn, speaking on India’s energy outlook, emphasized the significant role of nuclear power generation.

    “Gas, renewables supported by energy storage systems and a robust transmission grid, and nuclear power will play a key role. India’s bold nuclear program, including small modular reactors, reflects its commitment to long-term energy security and decarbonization,” Prasad said.

    The renewed interest in investments in NPP construction was noted in the speech of Uzbek Minister of Energy Zhurabek Mirzamakhmudov. He spoke about joint plans with Russia to build two units of 55 megawatts each, and two units of VWR type reactors – water-water power reactor. The head of the ministry also said that gas-fired power plants are being installed in the country, hydropower is being developed, the share of renewable sources is increasing, and storage systems are being created at the same time.

    The Minister noted the substantial nature of Igor Sechin’s report, which contains a detailed analysis and reflects all trends in the development of global energy, science and economy.

    ENERGY SECURITY IN FIRST PLACE

    Delcy Rodriguez, Executive Vice President of the Republic of Venezuela, in her speech supported the thesis expressed by the head of Rosneft that energy security issues should come first.

    “We always advocate that the energy transition be carried out responsibly, taking into account reality, to avoid abrupt changes that could jeopardize energy security,” Rodriguez said.

    Venezuela’s Executive Vice President named the main components of a stable energy system of the future: energy security, reliable supply, accessibility for all, while respecting nature – with minimal environmental impact.

    Among the main threats to energy security, Rodriguez named illegal sanctions against producing countries and the hegemony of the dollar.

    Nobuo Tanaka, Chairman of the Supervisory Board of the Japanese government’s non-profit Low Carbon Technology Initiative, said the answer to energy security is always to diversify supply sources, improve energy efficiency and seek alternative energy sources, including renewable energy, nuclear energy and regulate the market with predictable policies.

    AGAINST LOGIC

    The panelists drew attention to the political events of recent decades and stated that geopolitics is now shaping the direction of economic cooperation. And often against the logic of market expediency and economic efficiency.

    Tanaka recalled how he discussed Germany’s energy policy with Chancellor Merkel in 2009: “I asked her why Germany does not use nuclear power. She answered like this: Mr. Tanaka, I am a scientist, I know how important it is to use nuclear power, but in order to use it in Germany, she said, give me votes in exchange. Yes, she’s a good scientist, but she’s also a very smart politician.”

    The professor is sure that despite her experience Merkel made a very serious mistake by changing the policy on the use of nuclear power plants under the pressure of public opinion. Another mistake was the refusal to use Russian energy carriers and Russian natural gas. “I think she was misled,” Tanaka said.

    “Geopolitics is a factor of the 21st century global economy. It is geopolitical interests that brought the BRICS countries together.  The criterion for membership is not to use sanctions against other members of the organization. But geopolitics has also become a kind of “trap” for Germany after Trump’s victory,” said Alexander Dynkin, a member of the Russian Academy of Sciences.

    He noted that the European bureaucrats are concerned about the complete refusal of energy supplies from Russia by 2027. “They are not stopped by the growth of costs, undermining the competitiveness of the EU,” – said Dynkin and recalled that if in 2014, the U.S. GDP was ahead of the EU GDP. US GDP was only 12% ahead of EU GDP, last year the US economy was already 50% larger than the European one.

    “Although the German energy crisis is formally over, the country paid for it with three years of stagnation, deindustrialization, inflation, and migration crisis,” said the RAS academy member.

    DIGITAL REVOLUTION

    The thesis in Igor Sechin’s report that the digital revolution opens a new era in the development of the oil and gas industry was warmly echoed by the audience. In particular, David Gadzhimirzaev, General Director of TOFS Oilfield Services Group, thanked Rosneft for supporting innovation and technology development. He emphasized the importance of ensuring the availability, stability and reliability of resources, which is exactly what new technologies can provide, which will reduce the cost of bringing barrels to the surface.

    “We all know that just this year the Energy Strategy-2050 was approved, which includes the fact that by 2050 about 70% of the Russian Federation’s production will be from hard-to-recover reserves. Therefore, we are not only working on expertise, but also working on the production of new technologies,” Gadzhimirzaev said.

    Department of Information and Advertising
    Rosneft Oil Company
    June 21, 2025

    MIL OSI Economics

  • MIL-OSI Economics: Global Energy Balance: Heads of Major Energy Companies, Experts Discuss Future of Energy Sector at SPIEF

    Source: Rosneft

    Headline: Global Energy Balance: Heads of Major Energy Companies, Experts Discuss Future of Energy Sector at SPIEF

    At the Energy Panel of the XXVIII St. Petersburg International Economic Forum, leading industry experts, politicians, scientists, government officials and heads of major international energy companies discussed current trends in the global energy market.

    Their assessments and forecasts largely coincided with the visionary concept of industry development presented by Igor Sechin, Head of Rosneft. In his report “Odyssey of the Global Economy in Search of the Golden Fleece. The New Landscape a of the Global Energy Industry”, he announced that the current state of the global energy industry is at the stage of formation of a new image due to the multiple growth of electricity consumption, the generation of which will be provided by both fossil fuels and renewable energy sources. According to him, the optimal solution today is “synthesis of conventional and alternative energy sources”.

    The event, organized with the support of Rosneft, was addressed by Mohammed Bin Saleh Al-Sada, Chairman of the Rosneft Board of Directors, Delcy Rodriguez, Executive Vice President of the Republic of Venezuela, Simon Aloysius Mantiri, Chief Executive Officer of Pertamina, Zhang Daowei, Vice President of CNPC, Shiva Prasad Panda Madhusudana, Executive Director of Reliance Industries, Alexander Dynkin, Academician of the Russian Academy of Sciences, Zhurabek Mirzamakhmudov, Minister of Energy of the Republic of Uzbekistan, Nobuo Tanaka, Chairman of the Supervisory Board of the Japanese government’s non-profit Low Carbon Technology Initiative, and David Gadzhimirzaev, President of TOFS.

    ENERGY TRANSITION WITHOUT TRANSITION

    Mohammed Bin Saleh Al-Sada opened the discussion of Igor Sechin’s report, noting the depth of his analysis. “It was comprehensive – the way you showed that progress and energy are inseparable,” Al-Sada addressed Sechin.

    The head of Rosneft’s Board of Directors drew the audience’s attention to the fact that despite the active promotion of the idea of transition to RES, the share of fossil energy sources in the energy mix has not changed in recent decades. He recalled that Igor Sechin mentioned in the report that fossil fuels account for 80% of the global energy mix. “And this statistic has not changed for the last 20 years! We are fluttering around these 80% fossil fuels and energy sources, and so not much has changed!” exclaimed Al-Sada, describing the situation in the global energy sector.

    “In other words, we are essentially not making any transition away from hydrocarbons,” he concluded, emphasizing that the transition to renewables is being imposed on the industry and the public.

    “I would also like to take as a baton from Mr. Sechin, and pass my comment to you. It’s like food for thought: are we actually transitioning from fossil fuels to renewable fuels?“,” Al-Sada addressed the audience.

    The Rosneft Chairman also noted that energy demand does not always coincide with production growth for various reasons.

    “I would like to express two small thoughts in order to further enhance the valuable things we heard in Mr. Sechin’s words. <...> Lack of investment is already a reality in the hydrocarbon and energy sectors. This is something that could really bring us to a serious energy shortage. “If this trend continues we could face an energy shortage. This is not only my personal opinion, but also what a large number of analysts, including the International Energy Agency, and other respected experts, who in their reviews have emphasized the importance of having sufficient investment in the hydrocarbon sector. Otherwise, we will face the risk of a primary energy shortage!”, emphasized Al-Sada.

    FUTURE FOR SYNERGY

    Zhang Daowei, Vice President of China’s CNPC, remarked on the interest in the report by Rosneft’s CEO. In his speech, the top manager of the Chinese company expressed similar assessments of the ways of development of the global energy sector – in particular, the need for synergy between traditional and new energy sources.

    “We have always believed that in the context of the energy transition course, it is necessary to adhere to synergetic, integrated development of traditional and new energy sources, to take full account of the characteristics and degree of development of our countries’ markets, to properly link energy transition with energy security, and to promote a fair and sustainable model of energy transformation,” Daowei said.

    According to the vice president, under this philosophy, CNPC, on the one hand, continues to increase the exploration and development of oil and gas fields domestically and import high-quality resources from abroad, including strengthening long-term cooperation with Russia in the field of hydrocarbon trade. On the other hand, CNPC is actively pursuing a green, low-carbon development strategy and realizing the development of a “three-step strategy” combining oil and gas projects with wind, solar, geothermal, hydrogen and carbon capture technologies.

    Simon Aloysius Mantiri, President and CEO of Pertamina Indonesia, said that the company is pursuing a dual growth strategy that is based on both conventional resources and low-carbon solutions. Meanwhile, natural gas plays an important role in the country’s energy mix.

    “Natural gas is at the center of our strategy to transition to cleaner fuels. And today we are expanding our LNG capacity and capability for both domestic and export needs,” he said.

    The Pertamina chief virtually reiterated the point made in Igor Sechin’s report and emphasized that by achieving a balance of energy sources and a comprehensive approach, the company is able to ensure high economic growth and carbon neutrality in parallel.

    Reliance Industries CEO P.M.S. Prasad said India does not choose between energy access and innovation. “It is integrating both. By developing scalable, context-specific solutions, it is addressing local priorities while making a significant contribution to global sustainability. From rural microgrids to energy efficient data centers, India is turning its potential into a strategic asset,” Prasad said.

    He emphasized that international partnerships play a vital role in this ambitious effort. “Energy remains a key cornerstone of the strategic relationship between India and Russia. India values this trusted partnership and appreciates the cooperation forged over decades. The leadership of both countries is committed to take this partnership to an even higher bar in the future,” summarized Reliance Industries’ CEO.

    NUCLEAR POWER PLANTS ARE NOT BEING WRITTEN OFF

    Rosneft CEO Igor Sechin, in his keynote speech at the Energy Panel, noted the growing interest in nuclear power generation worldwide and, accordingly, the growth of investments in this area. According to him, this is happening against the backdrop of growing energy consumption and in future nuclear power will be in demand along with fossil sources and renewable energy sources.

    Reliance Industries CEO Panda Madhusudana Shiva Prasad, in turn, speaking on India’s energy outlook, emphasized the significant role of nuclear power generation.

    “Gas, renewables supported by energy storage systems and a robust transmission grid, and nuclear power will play a key role. India’s bold nuclear program, including small modular reactors, reflects its commitment to long-term energy security and decarbonization,” Prasad said.

    The renewed interest in investments in NPP construction was noted in the speech of Uzbek Minister of Energy Zhurabek Mirzamakhmudov. He spoke about joint plans with Russia to build two units of 55 megawatts each, and two units of VWR type reactors – water-water power reactor. The head of the ministry also said that gas-fired power plants are being installed in the country, hydropower is being developed, the share of renewable sources is increasing, and storage systems are being created at the same time.

    The Minister noted the substantial nature of Igor Sechin’s report, which contains a detailed analysis and reflects all trends in the development of global energy, science and economy.

    ENERGY SECURITY IN FIRST PLACE

    Delcy Rodriguez, Executive Vice President of the Republic of Venezuela, in her speech supported the thesis expressed by the head of Rosneft that energy security issues should come first.

    “We always advocate that the energy transition be carried out responsibly, taking into account reality, to avoid abrupt changes that could jeopardize energy security,” Rodriguez said.

    Venezuela’s Executive Vice President named the main components of a stable energy system of the future: energy security, reliable supply, accessibility for all, while respecting nature – with minimal environmental impact.

    Among the main threats to energy security, Rodriguez named illegal sanctions against producing countries and the hegemony of the dollar.

    Nobuo Tanaka, Chairman of the Supervisory Board of the Japanese government’s non-profit Low Carbon Technology Initiative, said the answer to energy security is always to diversify supply sources, improve energy efficiency and seek alternative energy sources, including renewable energy, nuclear energy and regulate the market with predictable policies.

    AGAINST LOGIC

    The panelists drew attention to the political events of recent decades and stated that geopolitics is now shaping the direction of economic cooperation. And often against the logic of market expediency and economic efficiency.

    Tanaka recalled how he discussed Germany’s energy policy with Chancellor Merkel in 2009: “I asked her why Germany does not use nuclear power. She answered like this: Mr. Tanaka, I am a scientist, I know how important it is to use nuclear power, but in order to use it in Germany, she said, give me votes in exchange. Yes, she’s a good scientist, but she’s also a very smart politician.”

    The professor is sure that despite her experience Merkel made a very serious mistake by changing the policy on the use of nuclear power plants under the pressure of public opinion. Another mistake was the refusal to use Russian energy carriers and Russian natural gas. “I think she was misled,” Tanaka said.

    “Geopolitics is a factor of the 21st century global economy. It is geopolitical interests that brought the BRICS countries together.  The criterion for membership is not to use sanctions against other members of the organization. But geopolitics has also become a kind of “trap” for Germany after Trump’s victory,” said Alexander Dynkin, a member of the Russian Academy of Sciences.

    He noted that the European bureaucrats are concerned about the complete refusal of energy supplies from Russia by 2027. “They are not stopped by the growth of costs, undermining the competitiveness of the EU,” – said Dynkin and recalled that if in 2014, the U.S. GDP was ahead of the EU GDP. US GDP was only 12% ahead of EU GDP, last year the US economy was already 50% larger than the European one.

    “Although the German energy crisis is formally over, the country paid for it with three years of stagnation, deindustrialization, inflation, and migration crisis,” said the RAS academy member.

    DIGITAL REVOLUTION

    The thesis in Igor Sechin’s report that the digital revolution opens a new era in the development of the oil and gas industry was warmly echoed by the audience. In particular, David Gadzhimirzaev, General Director of TOFS Oilfield Services Group, thanked Rosneft for supporting innovation and technology development. He emphasized the importance of ensuring the availability, stability and reliability of resources, which is exactly what new technologies can provide, which will reduce the cost of bringing barrels to the surface.

    “We all know that just this year the Energy Strategy-2050 was approved, which includes the fact that by 2050 about 70% of the Russian Federation’s production will be from hard-to-recover reserves. Therefore, we are not only working on expertise, but also working on the production of new technologies,” Gadzhimirzaev said.

    Department of Information and Advertising
    Rosneft Oil Company
    June 21, 2025

    MIL OSI Economics

  • MIL-OSI Economics: Rosneft plans work based on oil price of $45 in 2025 and $42-43 in 2026 – Sechin

    Source: Rosneft

    Headline: Rosneft plans work based on oil price of $45 in 2025 and $42-43 in 2026 – Sechin

    The energy panel organized by Rosneft at SPIEF ended with the traditional oil price forecast from its participants. This year, the Company’s CEO Igor Sechin and Nobuo Tanaka, Chairman of the Supervisory Board of the Japanese government’s non-profit Low Carbon Technology Initiative, presented their vision of future developments.

    Prof. Tanaka recalled that a year earlier the Energy Panel participants predicted an oil price of $60 per barrel. “This year I am afraid that the price may exceed 100 dollars due to the crisis that is currently taking place in the Middle East,” – said the Japanese expert, who headed the International Energy Agency in 2007-2011.

    In turn, the CEO of Rosneft responded to this by saying: “Whatever it (oil price – ed.) is, it is difficult for us to guess what will happen. Nobody knows. As Machiavelli once said, “The power of authority lies in its secrecy”.

    At the same time, Igor Sechin named the price that the Company has set in its business plan for 2025 and 2026: “We do not know what geopolitical factors will affect the market. But whatever they are, our company Rosneft puts 45 dollars in its business plan for this year and 42-43 dollars for the next year. We do not want to depend on this volatility,” he said.

    Department of Information and Advertising
    Rosneft Oil Company
    June 21, 2025

    MIL OSI Economics

  • MIL-OSI Economics: Rosneft plans work based on oil price of $45 in 2025 and $42-43 in 2026 – Sechin

    Source: Rosneft

    Headline: Rosneft plans work based on oil price of $45 in 2025 and $42-43 in 2026 – Sechin

    The energy panel organized by Rosneft at SPIEF ended with the traditional oil price forecast from its participants. This year, the Company’s CEO Igor Sechin and Nobuo Tanaka, Chairman of the Supervisory Board of the Japanese government’s non-profit Low Carbon Technology Initiative, presented their vision of future developments.

    Prof. Tanaka recalled that a year earlier the Energy Panel participants predicted an oil price of $60 per barrel. “This year I am afraid that the price may exceed 100 dollars due to the crisis that is currently taking place in the Middle East,” – said the Japanese expert, who headed the International Energy Agency in 2007-2011.

    In turn, the CEO of Rosneft responded to this by saying: “Whatever it (oil price – ed.) is, it is difficult for us to guess what will happen. Nobody knows. As Machiavelli once said, “The power of authority lies in its secrecy”.

    At the same time, Igor Sechin named the price that the Company has set in its business plan for 2025 and 2026: “We do not know what geopolitical factors will affect the market. But whatever they are, our company Rosneft puts 45 dollars in its business plan for this year and 42-43 dollars for the next year. We do not want to depend on this volatility,” he said.

    Department of Information and Advertising
    Rosneft Oil Company
    June 21, 2025

    MIL OSI Economics

  • MIL-OSI: Debt Consolidation Loan for Poor Credit Score: Radcred Instant Funding Solution with No Credit Check & Same-Day Loan

    Source: GlobeNewswire (MIL-OSI)

    Glendale, California, June 21, 2025 (GLOBE NEWSWIRE) — Radcred has launched a new Debt Consolidation Loan platform, offering a simple and fast way to combine multiple high-interest debts into a single, more manageable loan. This platform provides same-day funding and does not require a hard credit check, making it an ideal solution for individuals with poor credit scores

    By consolidating existing debt, borrowers can lower their interest rates and simplify their monthly payments. With Radcred’s fast approval process and transparent terms, individuals with subprime credit can access the relief they need without the complexities of traditional lending. This platform addresses the increasing demand for quick and accessible debt relief.

    Rising Demand for Debt Consolidation Loans 

    According to the Federal Reserve, more than 40% of Americans are carrying high-interest credit card debt, with many struggling to keep up with multiple payments. Consumers often seek debt consolidation loans to simplify their finances by combining multiple high-interest debts into a single loan, thereby reducing interest rates and avoiding late fees. The goal is to improve cash flow by lowering monthly payments, which can be particularly helpful for individuals with poor credit scores.

    The demand for debt consolidation loans has been growing, as traditional options such as balance transfer credit cards or home equity loans can be restrictive or inaccessible for individuals with low credit scores. Radcred fills the gap by offering a solution that is not only fast and easy to access but also specifically tailored to meet the needs of subprime borrowers. With the rise in high-interest debt, there is an increasing need for faster, more inclusive options, and Radcred provides precisely that.

    FIND OUT HOW DEBT CONSOLIDATION CAN EASE YOUR FINANCES

    Key Features of Radcred’s Debt Consolidation Loan Platform 

    Radcred’s Debt Consolidation Loan platform offers a range of features to streamline the debt relief process, making it faster, easier, and more accessible. With a user-friendly interface, quick approval times, and flexible terms, Radcred helps borrowers consolidate multiple high-interest debts into a single, manageable loan, offering same-day funding and transparent rates.

    • Same-Day Funding: Borrowers can receive funds within hours of approval, providing quick access to financial relief.
    • No Hard-Credit Pull: Radcred utilizes a soft-pull credit inquiry, ensuring that borrowers’ credit scores remain unaffected throughout the application process.
    • Transparent Rates: Competitive APRs are clearly displayed, with no hidden fees, ensuring borrowers understand the total cost of their loan.
    • Flexible Terms: Borrowers can select repayment periods ranging from 1 to 5 years, offering flexibility and control over monthly payments.
    • Unsecured Loans: Since no collateral is required, Radcred’s loans provide an opportunity for subprime borrowers who may not own property or valuable assets.

    These features make Radcred’s platform accessible, efficient, and convenient for individuals looking to consolidate their debts quickly and without complications. The user-friendly process ensures that borrowers are not burdened with lengthy paperwork or complex procedures.

    LEARN HOW RADCRED OFFERS A HASSLE-FREE CONSOLIDATION PROCESS

    How Radcred’s Debt Consolidation Loan Platform Works?

    Radcred’s platform is designed to be user-friendly and efficient, providing a streamlined way for borrowers to consolidate their debts. The simple online application process, combined with quick approval and same-day funding, ensures borrowers can access relief without delays. Radcred matches users with suitable lenders and offers flexible repayment terms for added convenience.

    • Quick Online Application: The application process takes just 5 minutes. Simply fill out the form on Radcred’s website with personal details and debt information.
    • Eligibility Check: Radcred performs a soft-pull credit inquiry, which does not impact your credit score. Along with credit evaluation, income verification is required to assess your repayment capacity.
    • Lender Matching: Radcred’s algorithm matches you with vetted lenders who are willing to offer you debt consolidation loans based on your financial profile.
    • Offer Comparison: You will receive multiple offers from lenders, allowing you to compare the rates, terms, and fees side-by-side. This ensures you can select the most favorable option.
    • Instant Funding: Once you select an offer, you can accept the loan terms, and the funds are deposited directly into your account, often the same day.

    This process is designed to be transparent, fast, and hassle-free, ensuring you can consolidate your debt without unnecessary delays or complex steps.

    Who Qualifies for Radcred’s Debt Consolidation Loans?

    To qualify for Radcred’s Debt Consolidation Loans, applicants must meet several key criteria. They must be at least 18 years old, a U.S. resident, and have a valid checking account for direct deposit. Additionally, proof of steady income, such as pay stubs or bank statements, is required to demonstrate the ability to repay the loan.

    • Age: Applicants must be at least 18 years old.
    • Residency: You must be a U.S. citizen or permanent resident.
    • Bank Account: A valid checking account for direct deposit is required.
    • Income: Proof of steady income, such as pay stubs or bank statements, is required to demonstrate your ability to repay the loan.
    • Credit Flexibility: While your credit score may be a factor, Radcred considers borrowers with scores as low as 580. The platform prioritizes your ability to repay over your credit history, making it accessible to those with poor credit.

    These criteria are designed to ensure that Radcred can match borrowers with suitable lenders, offering an accessible solution even to those with subprime credit.

    CHECK IF YOU MEET RADCRED’S LOAN QUALIFICATIONS

    Benefits Over Traditional Debt-Consolidation Options 

    Radcred’s debt consolidation loan platform offers several advantages compared to traditional methods like balance transfer cards or home equity loans:

    • No 0% Introductory Period: Unlike balance transfer cards that come with a limited 0% interest period, Radcred’s loans offer fixed rates and longer repayment terms, ensuring more predictable monthly payments.
    • No Risk to Property: While home equity loans require putting up your home as collateral, Radcred’s debt consolidation loans are unsecured, meaning you don’t risk your property.
    • Faster Process: Radcred’s online process is quick and straightforward, often offering same-day funding, unlike traditional banks that may take weeks to process loans.
    • Easier Access for Bad Credit: Radcred is designed for individuals with lower credit scores, offering fast and flexible options that traditional lenders may not provide.

    These advantages make Radcred a more accessible, efficient, and safer choice for consolidating debt, especially for individuals with poor credit.

    Addressing Common Borrower Concerns 

    • Will it hurt my credit?
      Radcred uses a soft-pull credit inquiry, which has no impact on your credit score during the application process. This allows borrowers with bad credit or a low credit score to explore loan options without worrying about lowering their credit score. This makes it a safe choice for personal loans for bad credit.
    • Are there hidden fees?
      No, Radcred is committed to transparency. All fees and APRs are clearly disclosed before you accept the loan offer, ensuring there are no hidden fees. You will know exactly what you’re getting into, making it easier to compare with other debt consolidation loans and make an informed decision.
    • What if I miss a payment?
      Radcred offers grace periods for missed payments, helping you avoid penalties. Customer support is available to assist you with flexible solutions if you experience payment issues. This flexibility makes debt consolidation loans more manageable for those who need assistance with repayment without adding stress to their finances.
    • Is it legal in my state?
      Radcred operates in full compliance with state regulations and adheres to federal lending laws. It ensures that all loans for debt consolidation are available where permitted. Be sure to review your state’s regulations to confirm availability, as laws vary by state regarding personal loans for bad credit.

    About Radcred

    Radcred is a fintech company focused on providing accessible credit solutions to underserved populations. The company’s mission is to democratize access to debt consolidation loans, enabling individuals to manage their debt more effectively. Founded in 2020, Radcred has facilitated thousands of loans and continues to expand its platform. Its core values are transparency, speed, and responsible lending, ensuring borrowers receive reliable, fast financial assistance.

    Disclaimer 

    Loans are subject to approval, and terms vary by lender and state. Not all loan offers are available in every jurisdiction. Applicants should carefully review the terms and conditions before submitting their application. Radcred uses a soft-pull credit inquiry for eligibility, and credit scores are considered but not the sole determining factor for loan approval.

    The MIL Network

  • MIL-OSI: Tarot Reading Online: How Free Tarot Tools Are Empowering Individuals to Navigate Love and Life

    Source: GlobeNewswire (MIL-OSI)

    New York City, June 21, 2025 (GLOBE NEWSWIRE) — As uncertainty continues to shape the global social and economic landscape, more individuals are turning to spiritual tools for personal insight. Among these, online tarot reading has emerged as a widely accessed form of self-guidance, with free tarot card platforms reporting record engagement in 2025. 

    The rise in interest spans across various life domains—particularly love, career, and financial well-being. According to user trends, many individuals report turning to tarot readings during times of emotional stress, decision-making challenges, or when seeking spiritual grounding.

    What Is Tarot Reading and Why Is It Trending?

    Tarot reading is a centuries-old divination practice that uses a deck of 78 symbolic cards to uncover information about a person’s past, present, and potential future. Each card reflects psychological archetypes, emotions, and life patterns that can be interpreted to offer clarity or new perspectives.

    Traditionally done in person, tarot has transitioned successfully into the digital age. With online tools and platforms offering free access, individuals worldwide can now receive real-time insights without prior experience or travel. This accessibility has contributed to its growing popularity, especially among younger audiences seeking self-help alternatives.

    Motivations Behind the Shift to Online Tarot

    Experts note several reasons why more people are embracing tarot reading in digital spaces:

    • Emotional Healing: Many users report that readings help them process complex feelings and unresolved emotional patterns.
    • Life Navigation: Tarot is often used to evaluate options or choose between significant life paths.
    • Spiritual Exploration: Some individuals use tarot as a means of connecting to higher guidance or exploring spiritual beliefs.
    • Self-Affirmation: Encouraging card interpretations often leave users feeling more confident or supported in their choices.

    New Approach Combines Tarot with Spiritual Messaging

    One development contributing to tarot’s renewed appeal is the integration of spiritual elements, such as angelic interpretations, into the reading process. This hybrid model blends traditional card meanings with intuitive insights believed to channel higher energy or divine guidance. While such practices remain rooted in metaphysical belief systems, users describe them as deeply personal and emotionally resonant.

    Common Use Cases: Love, Career, and Finances

    Popular categories in online tarot reading include:

    • Love & Relationships: Many users seek insight into relationship patterns, soulmate connections, and emotional blockages.
    • Career Guidance: Tarot readings are often used to explore career direction, work challenges, or professional growth opportunities.
    • Financial Outlook: Readings may reveal patterns related to money management, financial blocks, or investment decisions.

    What to Ask During a Tarot Reading

    Professional readers advise that effective tarot sessions begin with specific, open-ended questions. Examples include:

    • “What is blocking my progress right now?”
    • “What should I understand about my current relationship?”
    • “What step will lead me to long-term career success?”

    User Testimonials Highlight Impact

    Recent feedback from online tarot users points to a sense of validation and clarity post-reading. One respondent shared that a reading helped her gain closure after a breakup, while another credited tarot with the confidence needed to make a major career move.

    Tips to Maximize the Reading Experience

    Those seeking accurate readings are advised to:

    • Enter the session with clear intentions
    • Maintain an open mindset
    • Take notes to track recurring themes or patterns
    • Reflect on how the insights can be applied in practical life decisions

    Looking Ahead

    The growth of online tarot suggests a broader cultural shift toward personalized, spiritual tools for well-being and self-awareness. As the world continues to navigate change, platforms offering accessible and reflective guidance are expected to remain relevant.

    Media Contact:
    Email: support@masterlitarot.com
    Website: https://masterlitarot.com/

    Attachment

    The MIL Network

  • MIL-OSI: Kaanch Network Presale Positions Project Among Top Altcoins and Best Crypto Opportunities of 2025

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, June 21, 2025 (GLOBE NEWSWIRE) — Kaanch Network’s token is set to be listed on BitMart and LBank exchanges on June 30th, an important milestone in the project’s mission to revolutionize decentralized finance and asset management. Built on a scalable and affordable Layer 1 blockchain with real-world applications, Kaanch offers developers, business owners, and investors a compelling platform for growth in 2025 and beyond.

    Why Kaanch Presale Signals Opportunity

    The current presale of Kaanch Network is in stage 6 and the tokens are sold at 0.32, with the next stage doubling the value to 0.64. With more than 2.38 million raised, the project is a good indicator of demand by investors, which is attributed to the limited supply of 58 million tokens. During the presale, investors may buy $KNCH with ETH or USDT, and live staking is available, with an APY of up to 30 percent. Kaanch is audited by SpyWolf and VerifyLab, which increases the level of trust and security. Investors who want to invest in Kaanch presale are advised to visit the Kaanch presale site to get tokens before the price rises.

    Unmatched Technology Driving 17600% Growth

    Kaanch Network is the most promising crypto and Layer 1 solution in 2025, and the top traders estimate that it will jump by 17600 percent after listing. It can handle 1.4 million transactions per second (TPS) with finality in 0.8 seconds, which guarantees instant trade execution and the efficient running of smart contracts. It is suitable to use in decentralized applications (dApps), microtransactions, and payment because of its near-zero gas fees. With 3,600 decentralized nodes, Kaanch provides safe and scalable solutions, which outperform competitors, such as Ethereum and Solana, in terms of performance and cost-effectiveness.

    Real-World Asset Tokenization Advantage

    Kaanch is unique in the blockchain industry because it aims to tokenize real-world assets, such as high-value items, such as gold and property. The strategy will allow businesses and individuals to make secure, instant payments, and meet real-world requirements in regulated DeFi and digital identity. Its architecture is enterprise- and developer-friendly and is easily integrated with the most popular blockchains, such as Ethereum, Solana, and Binance Smart Chain, promoting mass adoption. Such a combination of functional usefulness and technical excellence is what makes Kaanch an outstanding investment option among investors who want the finest crypto opportunity.

    Community Governance and BitMart Listing

    The community-based approach adopted by Kaanch enables holders of $KNCH to have power over governance and a simple staking dashboard, which guarantees the long-term commitment and stability of the community. The listing on BitMart and LBank with a fixed price of 30 dollars per token will generate a lot of liquidity and market presence at the end of June 2025. This is a huge premium over the prevailing presale price which highlights the exponential growth potential of Kaanch. Investors who want to invest in this project are advised to visit the Kaanch presale site and purchase the rapidly selling presale to take advantage of this high-potential project before it goes to public trading.

    Conclusion

    The presale of Kaanch Network is the strategic entry point of investors who want to take advantage of the best crypto and Layer 1 blockchain of 2025. Its innovative technology, emphasis on practical asset tokenization, and strong community governance make it a top player in the blockchain industry. The presale is in the last stages and significant exchanges are about to list, so it is time to act. To get your allocation and become a part of a project that will change the face of decentralized finance, visit the Kaanch presale site.

    For more information about Kaanch Network ) visit the links below:

    Website:https://presale.kaanch.com/
    Whitepaper:https://docs.kaanch.network/
    Twitter/X: https://x.com/KaanchNetwork
    Telegram:https://t.me/kaanchnetwork
    Win 1M: https://presale.kaanch.com/win-1-million
    How to buy : https://presale.kaanch.com/how-to-buy

    Frequently Asked Questions (FAQ)

    What is the best crypto to consider right now?
    Kaanch Network is emerging as one of the top crypto opportunities for 2025, with a strong Layer 1 architecture and promising potential for growth.

    What are the top altcoins to watch right now?
    Among emerging altcoins, Kaanch Network is generating attention as a project with significant upside potential in the coming months.

    Which crypto projects under $1 have strong potential?
    With its presale price offering entry below $1, Kaanch Network is being seen as one of the best cryptos under $1 for long-term potential.

    What are some of the best Layer 1 crypto projects to follow?
    Kaanch Network stands out among new Layer 1 blockchain projects, thanks to its innovative design, scalability, and community-driven development.

    Can Kaanch Network achieve 100x or 1000x gains?
    While no investment is guaranteed, Kaanch Network’s strong fundamentals and market positioning have led some analysts to suggest it could be one of the Layer 1 projects capable of significant returns over time.

    Why is Kaanch considered one of the best crypto opportunities for 2025?
    With unique technology, an active presale, and growing community interest, Kaanch is viewed by many as one of the most promising crypto opportunities heading into 2025.

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

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

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/298a4abe-17b8-466d-acf2-cdf327837ada

    https://www.globenewswire.com/NewsRoom/AttachmentNg/9edd5721-19cc-436d-99be-ad92e49b6c0f

    https://www.globenewswire.com/NewsRoom/AttachmentNg/95496026-545e-4f73-a16f-83017b364f7d

    The MIL Network

  • MIL-OSI: Kaanch Network Presale Positions Project Among Top Altcoins and Best Crypto Opportunities of 2025

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, June 21, 2025 (GLOBE NEWSWIRE) — Kaanch Network’s token is set to be listed on BitMart and LBank exchanges on June 30th, an important milestone in the project’s mission to revolutionize decentralized finance and asset management. Built on a scalable and affordable Layer 1 blockchain with real-world applications, Kaanch offers developers, business owners, and investors a compelling platform for growth in 2025 and beyond.

    Why Kaanch Presale Signals Opportunity

    The current presale of Kaanch Network is in stage 6 and the tokens are sold at 0.32, with the next stage doubling the value to 0.64. With more than 2.38 million raised, the project is a good indicator of demand by investors, which is attributed to the limited supply of 58 million tokens. During the presale, investors may buy $KNCH with ETH or USDT, and live staking is available, with an APY of up to 30 percent. Kaanch is audited by SpyWolf and VerifyLab, which increases the level of trust and security. Investors who want to invest in Kaanch presale are advised to visit the Kaanch presale site to get tokens before the price rises.

    Unmatched Technology Driving 17600% Growth

    Kaanch Network is the most promising crypto and Layer 1 solution in 2025, and the top traders estimate that it will jump by 17600 percent after listing. It can handle 1.4 million transactions per second (TPS) with finality in 0.8 seconds, which guarantees instant trade execution and the efficient running of smart contracts. It is suitable to use in decentralized applications (dApps), microtransactions, and payment because of its near-zero gas fees. With 3,600 decentralized nodes, Kaanch provides safe and scalable solutions, which outperform competitors, such as Ethereum and Solana, in terms of performance and cost-effectiveness.

    Real-World Asset Tokenization Advantage

    Kaanch is unique in the blockchain industry because it aims to tokenize real-world assets, such as high-value items, such as gold and property. The strategy will allow businesses and individuals to make secure, instant payments, and meet real-world requirements in regulated DeFi and digital identity. Its architecture is enterprise- and developer-friendly and is easily integrated with the most popular blockchains, such as Ethereum, Solana, and Binance Smart Chain, promoting mass adoption. Such a combination of functional usefulness and technical excellence is what makes Kaanch an outstanding investment option among investors who want the finest crypto opportunity.

    Community Governance and BitMart Listing

    The community-based approach adopted by Kaanch enables holders of $KNCH to have power over governance and a simple staking dashboard, which guarantees the long-term commitment and stability of the community. The listing on BitMart and LBank with a fixed price of 30 dollars per token will generate a lot of liquidity and market presence at the end of June 2025. This is a huge premium over the prevailing presale price which highlights the exponential growth potential of Kaanch. Investors who want to invest in this project are advised to visit the Kaanch presale site and purchase the rapidly selling presale to take advantage of this high-potential project before it goes to public trading.

    Conclusion

    The presale of Kaanch Network is the strategic entry point of investors who want to take advantage of the best crypto and Layer 1 blockchain of 2025. Its innovative technology, emphasis on practical asset tokenization, and strong community governance make it a top player in the blockchain industry. The presale is in the last stages and significant exchanges are about to list, so it is time to act. To get your allocation and become a part of a project that will change the face of decentralized finance, visit the Kaanch presale site.

    For more information about Kaanch Network ) visit the links below:

    Website:https://presale.kaanch.com/
    Whitepaper:https://docs.kaanch.network/
    Twitter/X: https://x.com/KaanchNetwork
    Telegram:https://t.me/kaanchnetwork
    Win 1M: https://presale.kaanch.com/win-1-million
    How to buy : https://presale.kaanch.com/how-to-buy

    Frequently Asked Questions (FAQ)

    What is the best crypto to consider right now?
    Kaanch Network is emerging as one of the top crypto opportunities for 2025, with a strong Layer 1 architecture and promising potential for growth.

    What are the top altcoins to watch right now?
    Among emerging altcoins, Kaanch Network is generating attention as a project with significant upside potential in the coming months.

    Which crypto projects under $1 have strong potential?
    With its presale price offering entry below $1, Kaanch Network is being seen as one of the best cryptos under $1 for long-term potential.

    What are some of the best Layer 1 crypto projects to follow?
    Kaanch Network stands out among new Layer 1 blockchain projects, thanks to its innovative design, scalability, and community-driven development.

    Can Kaanch Network achieve 100x or 1000x gains?
    While no investment is guaranteed, Kaanch Network’s strong fundamentals and market positioning have led some analysts to suggest it could be one of the Layer 1 projects capable of significant returns over time.

    Why is Kaanch considered one of the best crypto opportunities for 2025?
    With unique technology, an active presale, and growing community interest, Kaanch is viewed by many as one of the most promising crypto opportunities heading into 2025.

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

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

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/298a4abe-17b8-466d-acf2-cdf327837ada

    https://www.globenewswire.com/NewsRoom/AttachmentNg/9edd5721-19cc-436d-99be-ad92e49b6c0f

    https://www.globenewswire.com/NewsRoom/AttachmentNg/95496026-545e-4f73-a16f-83017b364f7d

    The MIL Network

  • MIL-OSI Economics: US Oil Production at Current Prices Peaks – Sechin

    Source: Rosneft

    Headline: US Oil Production at Current Prices Peaks – Sechin

    US oil production at current prices has probably reached its peak, Rosneft CEO Igor Sechin said at the Energy Panel of the XXVIII St. Petersburg International Economic Forum.

    Delivering a keynote speech, the CEO called the energy policy initially announced by the new US administration promising. However, most of these goals have not yet been achieved: tariff wars have led to a drop in oil prices, while taxes for the oil industry remain at the same level and interest rates have not been reduced. Given this backdrop, the number of active drilling rigs has fallen 9% to 439 over the past two months and oil production growth has stalled. In less than a year, the U.S. Department of Energy has lowered its forecast for U.S. oil production by the end of 2025 by 400 thousand barrels per day.

    “At current prices, the USA oil production appears to have peaked,” Sechin said, noting that Diamondback Energy and ConocoPhillips recently voiced this opinion. And Liberty Energy, an oilfield services company founded by U.S. Energy Secretary Chris Wright, expects a significant slowdown in drilling activity in the second half of this year, which should lead to a reduction in the U.S. drilling fleet by about 10% more. “Not surprisingly, against this backdrop, many shale players have already started cutting investments,” said Rosneft’s CEO.

    He noted that the sharp drop in oil prices this year has already led to a revision of investment plans. According to the IEA’s latest estimate, this year, for the first time in five years, global investments in oil exploration and production will drop by 6%, while in the U.S. the drop will amount to about 10%.  “I think this is just the beginning,” the CEO of Rosneft remarked.

    “The new head of the US Treasury Department, Scott Bessent, has repeatedly stated that the success of Trump’s second presidential term requires oil production growth in the US in the amount of three million barrels per day. This is part of a so-called “3-3-3 Plan” which also envisages cutting the US budget deficit down to 3% of GDP and reaching 3% of GDP increase,” Igor Sechin reminded.

    The CEO of the Company also asks the question, what difference does it make for the US market where these barrels will come from? “Quite possibly, those may be barrels produced in OPEC+ countries. Since late last year the alliance has consistently reiterated the need to ramp up production due to changes in consumption,” Sechin said.

    The CEO also noted that in addition to the interest of states, the interests of shareholders should be taken into account. Low oil prices in the current period do not allow many companies to maintain the same level of dividend payments and share buybacks, said the CEO of Rosneft. According to Rystad Energy experts, which Sechin cited, if the oil majors maintain their payments to shareholders, they will have to almost completely abandon investments or significantly increase their debt as early as this year.

    “The fall in prices has already started to affect the major players. BP and Chevron will reduce share buybacks by almost 60% and 30%, respectively , while Aramco has to build up debt to be able to pay dividends,” the CEO said.

    Department of Information and Advertising
    Rosneft Oil Company
    June 21, 2025

    MIL OSI Economics

  • MIL-OSI Economics: US Oil Production at Current Prices Peaks – Sechin

    Source: Rosneft

    Headline: US Oil Production at Current Prices Peaks – Sechin

    US oil production at current prices has probably reached its peak, Rosneft CEO Igor Sechin said at the Energy Panel of the XXVIII St. Petersburg International Economic Forum.

    Delivering a keynote speech, the CEO called the energy policy initially announced by the new US administration promising. However, most of these goals have not yet been achieved: tariff wars have led to a drop in oil prices, while taxes for the oil industry remain at the same level and interest rates have not been reduced. Given this backdrop, the number of active drilling rigs has fallen 9% to 439 over the past two months and oil production growth has stalled. In less than a year, the U.S. Department of Energy has lowered its forecast for U.S. oil production by the end of 2025 by 400 thousand barrels per day.

    “At current prices, the USA oil production appears to have peaked,” Sechin said, noting that Diamondback Energy and ConocoPhillips recently voiced this opinion. And Liberty Energy, an oilfield services company founded by U.S. Energy Secretary Chris Wright, expects a significant slowdown in drilling activity in the second half of this year, which should lead to a reduction in the U.S. drilling fleet by about 10% more. “Not surprisingly, against this backdrop, many shale players have already started cutting investments,” said Rosneft’s CEO.

    He noted that the sharp drop in oil prices this year has already led to a revision of investment plans. According to the IEA’s latest estimate, this year, for the first time in five years, global investments in oil exploration and production will drop by 6%, while in the U.S. the drop will amount to about 10%.  “I think this is just the beginning,” the CEO of Rosneft remarked.

    “The new head of the US Treasury Department, Scott Bessent, has repeatedly stated that the success of Trump’s second presidential term requires oil production growth in the US in the amount of three million barrels per day. This is part of a so-called “3-3-3 Plan” which also envisages cutting the US budget deficit down to 3% of GDP and reaching 3% of GDP increase,” Igor Sechin reminded.

    The CEO of the Company also asks the question, what difference does it make for the US market where these barrels will come from? “Quite possibly, those may be barrels produced in OPEC+ countries. Since late last year the alliance has consistently reiterated the need to ramp up production due to changes in consumption,” Sechin said.

    The CEO also noted that in addition to the interest of states, the interests of shareholders should be taken into account. Low oil prices in the current period do not allow many companies to maintain the same level of dividend payments and share buybacks, said the CEO of Rosneft. According to Rystad Energy experts, which Sechin cited, if the oil majors maintain their payments to shareholders, they will have to almost completely abandon investments or significantly increase their debt as early as this year.

    “The fall in prices has already started to affect the major players. BP and Chevron will reduce share buybacks by almost 60% and 30%, respectively , while Aramco has to build up debt to be able to pay dividends,” the CEO said.

    Department of Information and Advertising
    Rosneft Oil Company
    June 21, 2025

    MIL OSI Economics

  • MIL-OSI Russia: Biography of Singapore Prime Minister Lawrence Wong

    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 21 (Xinhua) — Singaporean Prime Minister Lawrence Wong will pay an official visit to China from June 22 to 26 at the invitation of Chinese Premier Li Qiang.

    Lawrence Wong was born in December 1972. He was elected to the Singapore Parliament in 2011 and has served successively as Minister for Culture, Community and Youth, Minister for National Development, Minister for Education and Minister for Finance.

    In 2022, the politician took up the post of Deputy Prime Minister, simultaneously serving as Minister of Finance. In May 2024, he became Prime Minister, retaining the post of head of the Ministry of Finance, and in May 2025, he began his second term in this post. –0–

    MIL OSI Russia News

  • MIL-OSI Economics: China Moves Towards Full Energy Independence to Become Major Energy Exporter – Rosneft CEO

    Source: Rosneft

    Headline: China Moves Towards Full Energy Independence to Become Major Energy Exporter – Rosneft CEO

    China is moving towards full energy independence and will turn from an importer to a major energy exporter in the foreseeable future, Rosneft CEO Igor Sechin said in his report at the Energy Panel of the XXVIII St. Petersburg International Economic Forum.

    He noted that China is a unique example of a competent approach to energy system development – the country now accounts for a third of the world’s investments in the energy sector.

    “In my opinion, China, which has already ensured its energy security, is confidently moving towards complete energy independence, forming a stable energy balance based on its own resources. There is no doubt, taking into account the persistence and professionalism of the Chinese comrades, that in the foreseeable future they will achieve the desired result, which will turn China from an importer of energy resources into a major energy exporter,” said the CEO of Rosneft.

    According to Igor Sechin, in recent years it is in China that the largest amount of new renewable energy capacity has been commissioned and more than 70% of the world’s capacity for the production of equipment for the “green” economy is located. This applies to the entire value chain: from critical minerals to the production of high-tech equipment that has no analogues in Western countries.

    Rosneft’s CEO also noted China’s efforts in increasing investments in related infrastructure: investments in power grids increased by 15% last year and may double this year. “investments in rechargeable batteries have grown almost fivefold to $11 billion. As of today, the total capacity of such batteries in China exceeds 35 GW , which amounts to two-thirds of the entire global capacity,” Igor Sechin said.

    At the same time, China has never given up fossil fuels. Over the last five years, the country has outpaced the rest of the world in terms of commissioning new coal-fired generation capacity. “Today, coal accounts for almost 60% of China’s electricity generation. Last year alone, China issued permits for about 100 gigawatts of new coal-fired power generation, the highest in a decade, which should strengthen coal’s role in the grid,” emphasized the CEO of Rosneft.

    China’s efforts to strengthen its own energy security have drawn a barrage of criticism, often disguised as concern for the environment. “As the outstanding Chinese strategist and thinker Sun Tzu aptly noted two and a half thousand years ago: ‘The more brilliant your plan, the fewer people will agree with it,’” the Rosneft CEO added. 

    According to Sechin, China’s coordinated approach to energy security is particularly clear from the example of electric cars. The growth of their sales led to a significant slowdown in demand for motor fuel last year, and “the continuation of this trend may have a significant reversing effect on the balance of the oil market”.

    An important part of China’s strategy to reduce its dependence on energy imports is the processing of coal into synthetic fuels and chemical products. “Chinese companies are investing billions of dollars in the development of this industry. According to experts, today in China 40 million tons of coal is used to produce synthetic fuels and more than 260 mln tons for ammonia and methanol production,” Igor Sechin concluded.

    Department of Information and Advertising
    Rosneft Oil Company
    June 21, 2025

    MIL OSI Economics

  • MIL-OSI Economics: China Moves Towards Full Energy Independence to Become Major Energy Exporter – Rosneft CEO

    Source: Rosneft

    Headline: China Moves Towards Full Energy Independence to Become Major Energy Exporter – Rosneft CEO

    China is moving towards full energy independence and will turn from an importer to a major energy exporter in the foreseeable future, Rosneft CEO Igor Sechin said in his report at the Energy Panel of the XXVIII St. Petersburg International Economic Forum.

    He noted that China is a unique example of a competent approach to energy system development – the country now accounts for a third of the world’s investments in the energy sector.

    “In my opinion, China, which has already ensured its energy security, is confidently moving towards complete energy independence, forming a stable energy balance based on its own resources. There is no doubt, taking into account the persistence and professionalism of the Chinese comrades, that in the foreseeable future they will achieve the desired result, which will turn China from an importer of energy resources into a major energy exporter,” said the CEO of Rosneft.

    According to Igor Sechin, in recent years it is in China that the largest amount of new renewable energy capacity has been commissioned and more than 70% of the world’s capacity for the production of equipment for the “green” economy is located. This applies to the entire value chain: from critical minerals to the production of high-tech equipment that has no analogues in Western countries.

    Rosneft’s CEO also noted China’s efforts in increasing investments in related infrastructure: investments in power grids increased by 15% last year and may double this year. “investments in rechargeable batteries have grown almost fivefold to $11 billion. As of today, the total capacity of such batteries in China exceeds 35 GW , which amounts to two-thirds of the entire global capacity,” Igor Sechin said.

    At the same time, China has never given up fossil fuels. Over the last five years, the country has outpaced the rest of the world in terms of commissioning new coal-fired generation capacity. “Today, coal accounts for almost 60% of China’s electricity generation. Last year alone, China issued permits for about 100 gigawatts of new coal-fired power generation, the highest in a decade, which should strengthen coal’s role in the grid,” emphasized the CEO of Rosneft.

    China’s efforts to strengthen its own energy security have drawn a barrage of criticism, often disguised as concern for the environment. “As the outstanding Chinese strategist and thinker Sun Tzu aptly noted two and a half thousand years ago: ‘The more brilliant your plan, the fewer people will agree with it,’” the Rosneft CEO added. 

    According to Sechin, China’s coordinated approach to energy security is particularly clear from the example of electric cars. The growth of their sales led to a significant slowdown in demand for motor fuel last year, and “the continuation of this trend may have a significant reversing effect on the balance of the oil market”.

    An important part of China’s strategy to reduce its dependence on energy imports is the processing of coal into synthetic fuels and chemical products. “Chinese companies are investing billions of dollars in the development of this industry. According to experts, today in China 40 million tons of coal is used to produce synthetic fuels and more than 260 mln tons for ammonia and methanol production,” Igor Sechin concluded.

    Department of Information and Advertising
    Rosneft Oil Company
    June 21, 2025

    MIL OSI Economics

  • MIL-OSI Economics: Rosneft Finalizes Development of GTL Technology, Plans Introduction in Taimyr Project – Sechin

    Source: Rosneft

    Headline: Rosneft Finalizes Development of GTL Technology, Plans Introduction in Taimyr Project – Sechin

    Igor Sechin, Chief Executive Officer of Rosneft, speaking at the Energy Panel at the XXVIII St. Petersburg International Economic Forum, said that the Company has completed the development of proprietary technologies and catalysts throughout the entire chain of the GTL* process using Fischer-Tropsch synthesis.

    “I would also like to inform that Rosneft has completed the development of proprietary technologies and catalysts throughout the entire chain of the GTL process using Fischer-Tropsch synthesis. All stages of the technological process are covered by respective patents. We plan to introduce this technology in Taimyr,” Igor Sechin said.

    The CEO of the Company demonstrated to the participants of the energy panel a flask with the obtained fuel, noting that it is synthetic oil consisting of the purest hydrocarbon molecules, with zero sulfur content. “To anyone who is interested, we are ready to provide samples,” he added, addressing the participants and audience of the Energy Panel.

    Speaking about the importance of such fuel, Igor Sechin cited the example of China, where an important part of the strategy to reduce dependence on energy imports is the processing of coal into synthetic fuels and chemical products. “Chinese companies are investing billions of dollars in the development of this industry. According to experts, today in China 40 million tons of coal is used to produce synthetic fuels and more than 260 mln tons for ammonia and methanol production,” Igor Sechin emphasized.

    * GTL or Gas-to-Liquid is a technology for converting natural gas into high quality liquid hydrocarbons such as diesel fuel, gasoline, and others.

    Department of Information and Advertising
    Rosneft Oil Company
    June 21, 2025

    MIL OSI Economics

  • MIL-OSI Economics: Rosneft Finalizes Development of GTL Technology, Plans Introduction in Taimyr Project – Sechin

    Source: Rosneft

    Headline: Rosneft Finalizes Development of GTL Technology, Plans Introduction in Taimyr Project – Sechin

    Igor Sechin, Chief Executive Officer of Rosneft, speaking at the Energy Panel at the XXVIII St. Petersburg International Economic Forum, said that the Company has completed the development of proprietary technologies and catalysts throughout the entire chain of the GTL* process using Fischer-Tropsch synthesis.

    “I would also like to inform that Rosneft has completed the development of proprietary technologies and catalysts throughout the entire chain of the GTL process using Fischer-Tropsch synthesis. All stages of the technological process are covered by respective patents. We plan to introduce this technology in Taimyr,” Igor Sechin said.

    The CEO of the Company demonstrated to the participants of the energy panel a flask with the obtained fuel, noting that it is synthetic oil consisting of the purest hydrocarbon molecules, with zero sulfur content. “To anyone who is interested, we are ready to provide samples,” he added, addressing the participants and audience of the Energy Panel.

    Speaking about the importance of such fuel, Igor Sechin cited the example of China, where an important part of the strategy to reduce dependence on energy imports is the processing of coal into synthetic fuels and chemical products. “Chinese companies are investing billions of dollars in the development of this industry. According to experts, today in China 40 million tons of coal is used to produce synthetic fuels and more than 260 mln tons for ammonia and methanol production,” Igor Sechin emphasized.

    * GTL or Gas-to-Liquid is a technology for converting natural gas into high quality liquid hydrocarbons such as diesel fuel, gasoline, and others.

    Department of Information and Advertising
    Rosneft Oil Company
    June 21, 2025

    MIL OSI Economics

  • MIL-OSI: BexBack Launches $50 Welcome Bonus and 100% Deposit Match to Empower Crypto Traders with 100x Leverage

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, June 21, 2025 (GLOBE NEWSWIRE) — BexBack Exchange has launched an aggressive new promotion to empower both new and seasoned crypto traders: a $50 welcome bonus and a 100% deposit match for all new users. As the crypto market braces for another period of high volatility, BexBack is making futures trading more accessible and profitable than ever. With up to 100x leverage, zero KYC requirements, and support for over 50 digital assets, the platform provides an ideal environment for those seeking to capitalize on market swings without large upfront capital.

    Advantages of 100x Leverage Crypto Futures

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

    What Is 100x Leverage and How Does It Work?

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

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

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

    With BexBack’s deposit bonus

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

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

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

    About BexBack?

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

    Why recommend BexBack?

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

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

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

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

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

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

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

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

    Take Action Now—Don’t Miss Another Opportunity!

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

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

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

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

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

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/f401215e-3b8d-4e8e-990a-6592739e1555

    https://www.globenewswire.com/NewsRoom/AttachmentNg/0428ab95-adb7-4b1c-97db-70899bf3eeae

    https://www.globenewswire.com/NewsRoom/AttachmentNg/cf4fe3ac-c33b-4744-8284-43ec3c118d8e

    https://www.globenewswire.com/NewsRoom/AttachmentNg/7a34b2c9-68fc-4cbe-85d2-107fc54d4930

    The MIL Network

  • MIL-OSI Russia: Hainan Free Trade Port to Play Key Role in China’s Opening-Up Policy

    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

    HAIKOU, June 21 (Xinhua) — Canadian tourist Stephanie Wing Xi Yao found the wellness treatments at a medical center in Boao Township, south China’s Hainan Province, more like a “resort.”

    “Everything here is top-notch, the staff pays attention to all aspects of health – not only physical but also mental,” she told Xinhua at the Lecheng International Medical Tourism Pilot Zone in Boao, which is home to more than 30 leading domestic and foreign medical institutions.

    Through special policy measures, 485 advanced drugs and medical equipment licensed abroad but not yet available domestically were brought into the pilot zone, benefiting more than 130,000 patients, including Yao.

    Her four-day experience at the medical centre, which combined cutting-edge medical examinations, traditional Chinese medicine treatments, tea ceremonies and cultural immersion, was much more than just a chance to relax. It demonstrates the concrete outcome of a key step in China’s opening-up strategy: turning Hainan into a free trade port (FTP).

    As Hainan FCT prepares to launch a separate customs control regime by the end of the year, it plans to become not only a tourist mecca but also an important gateway for China’s high-level opening-up.

    PLACE OF FREE MOVEMENT OF FACTORS

    The central component of this transformation is the Lecheng Medical Tourism Pilot Zone. A total of 25 medical tourism routes have been launched, covering a wide range of needs, including traditional Chinese medicine, chronic disease treatment, premium diagnostics, and beauty rehabilitation, which have gained popularity among residents of Indonesia, Russia, Spain, and other countries.

    In 2024, the medical special zone was visited more than 410,000 times, which is 36.76 percent more than the previous year.

    Lecheng is just one part of Hainan’s broader efforts to open up. Beyond the medical sector, the province is accelerating foreign companies’ access to finance, education, communications and high-tech industries as China seeks to create a free trade zone with the highest global trading standards.

    Backed by China’s huge domestic market and its strategic positioning, Hainan is an important hub linking the world’s second-largest economy to global markets.

    The Hainan PCT is poised to become “a key gateway leading China into a new era of opening up,” said Chi Fulin, head of the China Institute of Reform and Development Studies.

    With the approach of the launch of the separate customs control regime, the political system of the PST was formed, based on such features as zero tariffs, low tax rates, a simplified tax system and facilitated movement of production factors.

    For companies based in Lecheng, the zero-tariff policy on medical imports has saved nearly 8.2 million yuan (about $1.14 million) in duties since December 2024.

    The launch of separate customs control will be a concrete step towards creating an important gateway for China’s high-level opening up, Chi Fulin noted.

    INSTITUTIONAL OPENNESS ATTRACTS FOREIGN CAPITAL

    Since the Hainan FCT has prioritized institutional integration and coordination in trade, financial and regulatory systems, experts believe that this will create a strong driving force for the development of the FCT and contribute to China’s high-level opening-up expansion strategy.

    Official data show that Hainan Province has implemented a total of 158 institutional innovations to date. These reforms include technology-enhanced government tenders, a one-stop shop for business licenses, and the establishment of a dedicated IP zone to support the breeding industry.

    The Hainan Free Trade Zone serves not only as a testing ground for the free movement of goods, services and data, but also as a front for innovation in regulation and mechanisms, said Zhou Xiaochuan, vice chairman of the Boao Forum for Asia (BOA).

    With an optimized business environment, Hainan has become a leading destination for foreign investment, ranking among the best in the country in terms of its performance. In 2024, the number of foreign-invested enterprises in Hainan increased by 19.2 percent year-on-year, and the volume of foreign direct investment attracted allowed the region to rise to 10th place in the country.

    To date, Hainan has attracted investment from 158 countries and regions, and its economic openness ratio – the ratio of total foreign trade to GRP – has more than doubled from 17.3 percent in 2018 to 35 percent in 2024.

    The province’s landmark events such as BAF, a leading platform advocating for openness and multilateral cooperation, and the China International Consumer Goods Expo, the largest consumer expo in the Asia-Pacific region, offer dynamic opportunities for global investors to observe China’s evolving opening-up agenda.

    LVMH’s luxury retail arm DFS made its largest single investment in 60 years in 2024, opening a landmark complex in Yalong Bay in Sanya, Hainan’s famous tropical resort city. The project will combine luxury retail, hotels and entertainment to create a premier luxury shopping and tourism destination.

    “The Hainan FTA represents China’s commitment to high-standard opening-up,” said DFS China President Nancy Liu.

    China’s special economic zones, such as the Hainan Free Trade Zone and the 21 pilot free trade zones, serve as key drivers of industrial transformation and opening-up, Chi Fulin stressed, noting their role as “growth accelerators for both regional and global economies.”

    Once the separate customs control is put into effect, the Hainan FCP will create key opportunities for international enterprises to more effectively access China’s domestic market and play a greater role in strengthening market connectivity with global markets through regulatory harmonization focused on trade in services, he added. -0-

    MIL OSI Russia News

  • MIL-OSI Video: Upcycling Carbon Waste & Why the Ocean is Getting Darker | WEF | Top Stories Week

    Source: World Economic Forum (video statements)

    This week’s top stories of the week include:

    0:15 5 nations leading energy transition – The World Economic Forum’s Energy Transition Index 2025 ranks countries by how well they are progressing towards secure, equitable, and sustainable energy systems.

    3:51 Start-ups upcycle carbon waste – Three innovative start-ups are proving that carbon emissions don’t have to be waste—they can be resources. These UpLink Top Innovators are transforming CO2 into materials used in daily life.

    6:25 UK kids project boots fitness – Around the world, most kids don’t get enough exercise. But one initiative in Bradford, UK, shows this can be changed with the right approach.

    8:05 Why the ocean is getting darker – Over the past 20 years, more than 20% of the world’s ocean has grown darker. This trend is shrinking the photic zone—the sunlit layer that supports nearly all marine life.

    ____________________________________________

    The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.

    World Economic Forum Website ► http://www.weforum.org/
    Facebook ► https://www.facebook.com/worldeconomicforum/
    YouTube ► https://www.youtube.com/wef
    Instagram ► https://www.instagram.com/worldeconomicforum/ 
    Twitter ► https://twitter.com/wef
    LinkedIn ► https://www.linkedin.com/company/world-economic-forum
    TikTok ► https://www.tiktok.com/@worldeconomicforum
    Flipboard ► https://flipboard.com/@WEF

    #WorldEconomicForum

    https://www.youtube.com/watch?v=1D3pzeopYfg

    MIL OSI Video

  • MIL-OSI Video: Upcycling Carbon Waste & Why the Ocean is Getting Darker | WEF | Top Stories Week

    Source: World Economic Forum (video statements)

    This week’s top stories of the week include:

    0:15 5 nations leading energy transition – The World Economic Forum’s Energy Transition Index 2025 ranks countries by how well they are progressing towards secure, equitable, and sustainable energy systems.

    3:51 Start-ups upcycle carbon waste – Three innovative start-ups are proving that carbon emissions don’t have to be waste—they can be resources. These UpLink Top Innovators are transforming CO2 into materials used in daily life.

    6:25 UK kids project boots fitness – Around the world, most kids don’t get enough exercise. But one initiative in Bradford, UK, shows this can be changed with the right approach.

    8:05 Why the ocean is getting darker – Over the past 20 years, more than 20% of the world’s ocean has grown darker. This trend is shrinking the photic zone—the sunlit layer that supports nearly all marine life.

    ____________________________________________

    The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.

    World Economic Forum Website ► http://www.weforum.org/
    Facebook ► https://www.facebook.com/worldeconomicforum/
    YouTube ► https://www.youtube.com/wef
    Instagram ► https://www.instagram.com/worldeconomicforum/ 
    Twitter ► https://twitter.com/wef
    LinkedIn ► https://www.linkedin.com/company/world-economic-forum
    TikTok ► https://www.tiktok.com/@worldeconomicforum
    Flipboard ► https://flipboard.com/@WEF

    #WorldEconomicForum

    https://www.youtube.com/watch?v=1D3pzeopYfg

    MIL OSI Video

  • MIL-OSI Russia: Rosneft plans work based on oil prices of $45 in 2025 and $42-43 in 2026 – Sechin

    Translation. Region: Russian Federal

    Source: Rosneft – Rosneft – An important disclaimer is at the bottom of this article.

    The energy panel organized by Rosneft Oil Company as part of the SPIEF ended with the traditional oil price forecast from its participants. This year, the head of the Company Igor Sechin and the Chairman of the Supervisory Board of the non-profit initiative of the Japanese government to develop low-carbon technologies Nobuo Tanaka presented their vision of the development of events.

    Professor Tanaka recalled that a year earlier, Energy Panel participants predicted the price of oil at $60 per barrel. “This year, I am afraid that the price may exceed $100 due to the crisis that is currently happening in the Middle East,” said the Japanese expert, who headed the International Energy Agency from 2007 to 2011.

    In turn, the head of Rosneft responded to this: “Whatever it (the price of oil – ed.) may be, it is difficult for us to guess what will happen. Nobody knows. I will remind Machiavelli: “The power of power is in its secret.”

    At the same time, Igor Sechin named the price that the Company included in the business plan for 2025 and 2026: “We do not know what geopolitical factors will affect the market. But whatever they are, our company Rosneft is setting its business plan for this year at 45 dollars, and for the next year at 42-43. We do not want to depend on this volatility,” he said.

    Department of Information and Advertising of PJSC NK Rosneft June 21, 2025

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

    MIL OSI Russia News

  • MIL-OSI Russia: Global energy balance: heads of major energy companies and experts at SPIEF discussed the future of energy

    Translation. Region: Russian Federal

    Source: Rosneft – Rosneft – An important disclaimer is at the bottom of this article.

    At the Energy Panel of the XXVIII St. Petersburg International Economic Forum, leading industry experts, politicians, scientists, government officials and heads of major international energy companies discussed current trends in the global energy market.

    Their assessments and forecasts largely coincided with the visionary concept of the industry development presented by Rosneft CEO Igor Sechin. In his report “The Odyssey of the World Economy in Search of the Golden Fleece. The New Image of World Energy,” he announced that the current state of world energy is at the stage of forming a new image, caused by the multiple growth of electricity consumption, the generation of which will be provided by both fossil fuels and renewable energy sources. According to him, the optimal solution today is “the synthesis of traditional and alternative energy sources.”

    The event, organized with the support of PJSC NK Rosneft, was attended by Chairman of the Board of Directors of Rosneft Mohammed Bin Saleh Al-Sada, Executive Vice President of the Republic of Venezuela Delcy Rodriguez, Chief Executive Officer of Pertamina Simon Aloysius Mantiri, Vice President of CNPC Zhang Daowei, Executive Director of Reliance Industries Panda Madhusudana Shiva Prasad, Academician of the Russian Academy of Sciences Alexander Dynkin, Minister of Energy of the Republic of Uzbekistan Jurabek Mirzamakhmudov, Chairman of the Supervisory Board of the non-profit initiative of the Japanese government for the development of low-carbon technologies Nobuo Tanaka, as well as President of TOFS Group David Gadzhimirzaev.

    ENERGY TRANSITION WITHOUT TRANSITION

    Mohammed Bin Saleh Al-Sada opened the discussion of Igor Sechin’s report, noting the depth of his analysis. “It was comprehensive – the way you showed that progress and energy are inseparable,” Al-Sada addressed Sechin.

    The head of the board of directors of Rosneft drew the audience’s attention to the fact that, despite the active promotion of the idea of switching to renewable energy sources, the share of fossil energy sources in the energy balance has not changed in recent decades. He recalled that Igor Sechin mentioned in his report that fossil fuels account for 80% of the world’s energy balance. “And these statistics have not changed in the last 20 years! We flutter around these 80% of fossil fuels and energy sources, and, therefore, little has changed!” exclaimed Al-Sada, describing the situation in the global energy sector.

    “In other words, we are essentially not making any transition away from hydrocarbons,” he concluded, emphasizing that the transition to renewable energy sources is being imposed on the industry and the public.

    “I would also like to take the baton from Mr. Sechin and pass on my comment to you. This is food for thought: are we really moving from fossil fuels to renewables?” Al-Sada addressed the audience.

    The Chairman of the Board of Directors of Rosneft also noted that the demand for energy for various reasons does not always coincide with the growth of production. “I would like to express two small thoughts in order to further color the valuable things that we heard in the words of Mr. Sechin. The lack of investment is already a reality in the hydrocarbon and energy sectors. This is what can really lead us to a serious shortage of energy. “If this trend continues, we may face a shortage of energy resources. This is not only my personal opinion, but also what a large number of analysts say, including the International Energy Agency and other respected experts, who in their reviews emphasize the importance of having sufficient investment in the hydrocarbon sector. Otherwise, we will face the risk of a shortage of primary energy!” Al-Sada emphasized.

    THE FUTURE IS SYNERGY

    Vice President of China’s CNPC Zhang Daowei noted that he listened with interest to the report of Rosneft’s Chief Executive Officer. In his speech, the top manager of the Chinese company expressed similar assessments of the development paths of the global energy sector – in particular, the need for synergy between traditional and new energy sources.

    “We have always believed that in the context of the energy transition course, it is necessary to adhere to the synergetic, comprehensive development of traditional and new energy sources, fully take into account the characteristics and level of development of our countries’ markets, properly link the energy transition with energy security, and promote a fair and sustainable model of energy transformation,” Daowei noted.

    According to the vice president, within the framework of this philosophy, CNPC, on the one hand, continues to increase the exploration and development of oil and gas fields at home and import high-quality resources from abroad, including strengthening long-term cooperation with Russia in the field of hydrocarbon trade. On the other hand, CNPC actively adheres to the strategy of “green”, low-carbon development and implements the development of the “three-step strategy” combining oil and gas projects using wind, solar, geothermal, hydrogen and carbon capture technologies.

    Indonesia’s Pertamina President and CEO Simon Aloysius Mantiri said the company is pursuing a dual growth strategy that relies on both traditional resources and low-carbon solutions, with natural gas playing a major role in the country’s energy mix.

    “Natural gas is at the center of our strategy to transition to cleaner fuels. And today we are expanding our capacity and ability to produce LNG for both domestic and export needs,” he said.

    The head of Pertamina essentially repeated the thesis voiced in Igor Sechin’s report, and particularly emphasized that by achieving a balance of energy sources and a comprehensive approach, the company is capable of ensuring high rates of economic growth and, at the same time, carbon neutrality.

    Reliance Industries CEO PMS Prasad said India does not choose between energy access and innovation. “It integrates both. By developing scalable, context-specific solutions, it addresses local priorities while making a significant contribution to global sustainability. From rural microgrids to energy-efficient data centres, India is turning its potential into a strategic asset,” Prasad said.

    He stressed that international partnerships play a vital role in this ambitious endeavour. “Energy remains a key cornerstone of the strategic relationship between India and Russia. India values this trusting partnership and appreciates the cooperation built over decades. The leadership of both countries is committed to taking this partnership to even higher levels in the future,” the Reliance Industries CEO concluded.

    NUCLEAR POWER PLANTS ARE NOT WRITTEN OFF THE ACCOUNTS

    Rosneft CEO Igor Sechin noted in his keynote speech at the Energy Panel the growing interest in nuclear power generation worldwide and, accordingly, the growth of investments in this area. According to him, this is happening against the backdrop of growing energy consumption and in the future nuclear energy will be in demand along with fossil fuels and renewable energy sources.

    Reliance Industries CEO Panda Madhusudana Shiva Prasad, speaking in turn about the prospects for the development of India’s energy sector, particularly emphasized the significant role of nuclear power generation.

    “Gas, renewables supported by energy storage systems and a robust transmission grid, and nuclear power will play a key role. India’s ambitious nuclear programme, including small modular reactors, reflects its commitment to long-term energy security and decarbonisation,” Prasad said.

    The revival of interest in investment in the construction of nuclear power plants was noted in the speech of the Minister of Energy of Uzbekistan Jurabek Mirzamakhmudov. He spoke about joint plans with Russia to build two units of 55 megawatts each, and two units of VVR-type reactors – water-cooled power reactors. The head of the ministry also reported that the country is installing power plants where gas is burned, hydropower is developing, the share of renewable sources is increasing, and storage systems are being created at the same time.

    The Minister noted the content of Igor Sechin’s report, which provided a detailed analysis and reflected all the development trends in global energy, science and economics.

    ENERGY SECURITY FIRST

    In her speech, the Executive Vice President of the Republic of Venezuela, Delcy Rodriguez, supported the thesis expressed by the head of Rosneft that issues of ensuring energy security should be a top priority.

    “We always advocate that the energy transition be carried out responsibly, taking into account reality, in order to avoid abrupt changes that could threaten energy security,” Rodriguez said.

    The Executive Vice President of Venezuela named the main components of a stable energy system of the future: energy security, reliable supplies, accessibility for all, and at the same time respect for nature – with minimal impact on the environment.

    Among the main threats to energy security, Rodriguez named illegal sanctions against producing countries and the hegemony of the dollar.

    Chairman of the Supervisory Board of the Japanese government’s non-profit initiative to develop low-carbon technologies Nobuo Tanaka, in turn, noted that the answer to energy security issues is always associated with diversification of supply sources, increasing energy efficiency and searching for alternative energy sources, including renewable energy sources, nuclear energy and regulating the market through predictable policies.

    CONTRARY TO LOGIC

    The participants in the discussion drew attention to the political events of the last decades and stated that today geopolitics shapes the directions of economic cooperation. Moreover, often contrary to the logic of market expediency and economic efficiency.

    Tanaka recalled in this regard how he discussed Germany’s energy policy with Chancellor Merkel in 2009: “I asked her why Germany does not use nuclear energy. She answered like this: Mr. Tanaka, I am a scientist, I know how important it is to use nuclear energy, but in order to use it in Germany, she said, give me the votes of the voters in exchange for it. Yes, she is a good scientist, but she is also a very smart politician.”

    The professor is sure that despite her experience, Merkel made a very serious mistake by changing her policy on the use of nuclear power plants under pressure from public opinion. Another mistake was the refusal to use Russian energy resources and Russian natural gas. “I think she was misled,” Tanaka said.

    “Geopolitics is a factor in the global economy of the 21st century. It is geopolitical interests that united the BRICS countries. The criterion for membership is not the application of sanctions against other members of the organization. But geopolitics has also become a kind of “trap” for Germany after Trump’s victory,” says academician of the Russian Academy of Sciences Alexander Dynkin.

    He noted that Eurocrats are concerned about the complete rejection of energy supplies from Russia by 2027. “They are not stopped by the growth of costs, which undermines the competitiveness of the EU,” Dynkin noted and recalled that if in 2014 the US GDP was ahead of the EU GDP by only 12%, then last year the American economy was already 50% larger than the European one.

    “Although the German energy crisis is formally over, the country paid for it with three years of stagnation, deindustrialization, inflation, and a migration crisis,” said the member of the Russian Academy of Sciences.

    DIGITAL REVOLUTION

    The thesis voiced in Igor Sechin’s report that the digital revolution is opening a new era in the development of the oil and gas industry received a warm response from the audience. In particular, David Gadzhimirzaev, CEO of the oilfield services company TOFS, thanked Rosneft for supporting innovation and developing technologies. He emphasized the importance of ensuring the availability, stability and reliability of resources, which can be provided by new technologies that will reduce the cost of lifting barrels to the surface.

    “We all know that literally this year the energy strategy-2050 was approved, which includes the fact that by 2050 about 70% of the Russian Federation’s production will be from hard-to-recover reserves. Therefore, we, in turn, are not only working on the expertise, but also working on the production of new technologies,” Gadzhimirzaev said.

    Department of Information and Advertising of PJSC NK Rosneft June 21, 2025

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

    MIL OSI Russia News

  • MIL-OSI Economics: Rosneft CEO Calls Energy Sector One of Driving Forces of New Technological Revolution

    Source: Rosneft

    Headline: Rosneft CEO Calls Energy Sector One of Driving Forces of New Technological Revolution

    The energy sector is one of the main drivers of the new technological revolution, said Igor Sechin, Chief Executive Officer of Rosneft, at the Energy Panel at the XXVIII St. Petersburg International Economic Forum.

    Delivering a keynote speech, he noted that the digital revolution with the application of artificial intelligence and work with big data should become the basis for labor productivity growth.

    Investment bank Goldman Sachs estimates that large-scale implementation of high technologies will increase labor productivity by 1.5 p.p. for developed countries and by 1 p.p. for developing countries within 10 years. “However, the development of advanced technologies requires substantial natural resources, as well as large-scale investments in infrastructure and human capital. This, in turn, means a multiple increase in energy consumption,” Rosneft CEO noted.

    “Undoubtedly, one of the main driving forces of the new technological revolution is the energy sector,” Sechin said. He recalled that the use of artificial intelligence on the basis of large data processing centers is a highly energy-intensive process. “According to the International Energy Agency, the electricity demand of a single 100 megawatt data center today is comparable to the consumption of 100,000 households. In the future, this demand could increase by several tens of times,” the Rosneft CEO added.

    Such centers, according to Sechin, will contribute more to the growth of global electricity demand than heavy industry or heat supply. “According to forecasts , by 2030 their electricity consumption will more than double, reaching one thousand terawatt-hours, which is comparable to Japan’s current consumption,” said the CEO of Rosneft.

    Igor Sechin also cited the development of the cryptocurrency market as an example of the impact of digitalization on the global energy system. According to him, in less than ten years they have turned into an independent industry, which today consumes resources on a par with entire countries. For example, the energy consumption of the entire bitcoin network as of May 2025 has already exceeded the level of electricity consumption in Poland.

    Department of Information and Advertising
    Rosneft Oil Company
    June 21, 2025

    MIL OSI Economics

  • MIL-OSI: Certified and Profitable: AIXA Miner Redefines Passive Crypto Income After FinCEN Approval

    Source: GlobeNewswire (MIL-OSI)

    Colorado, USA, June 21, 2025 (GLOBE NEWSWIRE) —

    AIXA Miner, a leading crypto cloud mining platform, has officially secured its FinCEN Money Services Business (MSB) certification, becoming one of the few fully regulated mining platforms in the U.S. This regulatory milestone has rapidly boosted investor confidence—particularly among U.S. users—and helped expand AIXA Miner’s global user base to over 5 million active miners.

    Cloud mining is quickly becoming the go-to solution for generating crypto income without the upfront costs of traditional mining setups. Unlike traditional mining, where expensive hardware and technical knowledge are required, AIXA Miner enables users to rent hash power and earn crypto rewards hands-free, with no hardware, no electricity bills, and no complex configurations. It also eliminates the need for managing mining activities and hardware maintenance. Since its launch, the platform has been rolling out daily passive income pushing users toward their target financial goals.


    Earn Passive Crypto Income Without Hassles — No Hardware, No Overhead

    AIXA Miner offers a range of AI-optimized mining contracts through which users can earn up to $6,448 daily, depending on their investment tier. Even better, new users can start mining for free, thanks to a trial Litecoin cloud mining plan that includes a $20 sign-up bonus.

    Since its 2020 launch, AIXA Miner has become a favorite among crypto investors due to its high-security infrastructure, eco-conscious operations, and generous returns. The company quickly gained traction in operating amongst top Bitcoin, Litecoin, and Dogecoin cloud mining sites. Every plan offers a withdrawable principal and daily profits, with contract durations ranging from just 1 day to 30 days—ideal for investors seeking flexibility and low risk.

    Why Crypto Investors Choose AIXA Miner?

    AIXA Miner stands out as one of the most trusted and profitable cloud mining platforms in the industry. Here’s what sets AIXA Miner apart in the crowded cloud mining space:

    1. $20 Registration Bonus – New users receive a free $20 bonus to try out AIXA’s Litecoin cloud mining contract — explore the platform risk-free before committing real capital.
    2. Sustainable, Eco-Friendly Mining – AIXA operates over 100 renewable energy–powered mining farms, making it a top choice for environmentally conscious crypto investors.
    3. 100% Hands-Free Automation – No hardware, no mining knowledge, no manual work. AIXA’s AI handles all mining activities, offering users a truly passive income stream.
    4. Lucrative Affiliate Program Earn 5% commission by referring others. Share your referral link and grow your earnings effortlessly.
    5. Tiered VIP Memberships & Bonuses – Depending on your investment amount, AIXA places users into exclusive VIP tiers with reward potential ranging from $88 to over $500,000.
    6. Global Platform, Regulatory Trust – AIXA Miner is active in 150+ countries and is now officially FinCEN MSB certified in the U.S., providing compliance, transparency, and peace of mind to global investors.


    How to Start Mining with AIXA Miner in Just Minutes

    Starting your crypto mining journey is simple:

    1. Visit http://www.aixaminer.com and sign up with your email — takes less than 3 minutes.
    1. Claim your $20 bonus and explore the free Litecoin mining trial.
    2. Select a mining plan—starting from as low as $100.
    3. Let the system allocate GPU resources automatically using AI algorithms.
    4. Start receiving daily payouts in USDT or your chosen crypto, within 24 hours.

    All earnings can be tracked in real-time on the AIXA dashboard or mobile app. You can also choose to join the affiliate program for an additional way to earn USDT.


    Why Now Is the Ideal Time to Join the Cloud Mining Movement

    As Bitcoin mining difficulty increases and the crypto market grows more complex, cloud mining offers a simpler and more reliable alternative. AIXA Miner provides a secure, fully regulated space for generating daily passive income without market volatility or tech barriers.

    Backed by AI-driven optimization, renewable energy, and real-time profit predictions, AIXA Miner makes crypto investing accessible to everyone, regardless of technical experience.


    Start Today — Limited Contract Availability

    With demand rising and contract slots filling quickly, now is the best time to start earning crypto through AIXA Miner. Contracts are limited to maintain profitability for all users—register today and begin receiving rewards as early as tomorrow.

    The MIL Network

  • MIL-Evening Report: Israel blocks Gaza aid organisations’ access to fuel, hospitals running out

    BEARING WITNESS: By Cole Martin in occupied Bethlehem

    Kia ora koutou, 

    I’m a Kiwi journo in occupied Bethlehem, here’s a brief summary of today’s events across the Palestinian and Israeli territories from on the ground.

    Sixty nine people killed in Gaza, 12 while seeking aid, and 221 injured (172 seeking aid). 11 killed by Israeli airstrike on a house in central Gaza. Qassam Brigades carried out a “complex” ambush against Israeli forces in southern Gaza. Israel are preventing humanitarian organisations from accessing fuel storage sites in the enclave, hospital supplies last for just three days.

    *

    Iranian authorities report five hospitals damaged in targeted Israeli strikes, have arrested 16 agents allegedly linked to Israel, and offered Israeli “collaborators” a pardon if they surrender their drones by July 1.

    *

    Two US destroyers have arrived in the eastern Mediterranean, bringing the total to five in the region and two in the Red Sea.

    *

    An Israeli drone targeted a car in southern Lebanon, violating the existing ceasefire and Lebanese sovereignty yet again.

    *

    Israeli leaders double down on their accusations that Iran is developing nuclear bombs, despite the international watchdog, IAEA [International Atomic Energy Agency], saying there is no sufficient evidence. 18 injured by Iranian missile in the southern Israeli territories, 17 in Haifa. Strikes targeted Israel’s Channel 14 news stations as threatened, after Israeli forces struck Iran’s state broadcaster two days ago. 100 million shekel pledged by Israeli regime to build 1000 new bomb shelters in some areas; the regime is known for under-investment in Palestinian neighbourhoods.

    *

    More checkpoints and barriers installed across the West Bank. Ambulance movement continues to be disrupted by gas shortages in Bethlehem. Despite the war, Israeli occupation forces continue extensive home demolitions in Nour Shams refugee camp in the northern West Bank. Settlers crush and uproot Palestinian olive trees near Sinjil, north of Ramallah. Occupation bulldozers dug up roads south of Jenin. Palestinian residents were shot at by settlers while trying to extinguish fires west of Bethlehem.

    *

    Israel’s genocidal war in Gaza continues, with minimal political intervention to prevent it.

    Cole Martin is an independent New Zealand photojournalist based in the Middle East and a contributor to Asia Pacific Report.

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI China: Belt and Road Film Week opens in Shanghai, fueling cross-cultural ties

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

    The Belt and Road Film Week opened in Shanghai on June 18 as part of the 27th Shanghai International Film Festival (SIFF), serving as a platform for international industry dialogue and offering an immersive cultural experience for residents and visitors.

    Actors Huang Xiaoming, Tang Yan and Yu Shi receive certificates appointing them as Belt and Road Film Week ambassadors during the opening ceremony in Shanghai, June 18, 2025. [Photo courtesy of SIFF Organizing Committee]

    The event, themed “Travel through Cinema” and held primarily in Shanghai’s Pudong New Area, features a diverse program, including film screenings, cultural industry roundtables, the Charm Pudong Tour cultural experience, and a Belt and Road lifestyle market. Organizers said they aim to combine industry expertise with public participation and promote global cultural exchange.

    This year’s lineup features 15 films from Belt and Road countries, spanning a range of genres. Several entries have been screened at major film festivals, including Rotterdam, Locarno, and Tokyo. The program centers on cross-cultural narratives and regional identities, aiming to spotlight the cultures along the ancient Silk Road.

    Event coordinators have arranged eight post-screening filmmaker meet-and-greets, some of which have sold out. Five standout films are screening concurrently in Nanjing, Suzhou, Hangzhou, Ningbo and Hefei, extending the SIFF experience across the Yangtze River Delta. Honors such as the Audience Choice Award and Audience Recommendation Award are being decided by public voting during the film week.

    The event is bringing together more than 40 international filmmakers from over 20 Belt and Road countries in Pudong. Throughout the week, participants will explore key industry topics such as cross-border film collaboration, international distribution strategies, and the nurturing of emerging talent under the Belt and Road Initiative through alliance meetings and roundtable forums.

    The Belt and Road Film Festival Alliance, the foundation of the film week, has expanded rapidly since its launch. With the recent addition of the Serbia International Film and Music Festival, the alliance now includes 56 institutions in 49 countries, up from 31 institutions in 29 countries. Twenty alliance members and international guests received honorary certificates during the opening ceremony.

    Members of the Belt and Road Film Festival Alliance and international guests receive honorary certificates during the opening ceremony of the Belt and Road Film Week in Shanghai, June 18, 2025. [Photo courtesy of SIFF Organizing Committee]

    To strengthen cinematic exchanges among Belt and Road countries, this year’s film week appointed actors Huang Xiaoming, Yu Shi and Tang Yan as event ambassadors. Organizers said the trio will help broaden international outreach and engage audiences in China and overseas.

    The year 2025 marks the 130th anniversary of world cinema and the 120th anniversary of Chinese cinema. Shanghai, the birthplace of Chinese film, has played a key role in both the nation’s cinematic evolution and the global industry. Since its launch seven years ago, the Belt and Road Film Week has combined international films with Chinese storytelling abroad, strengthening cultural ties and expanding its global reach each year.

    Building on last year’s Latin American Fiesta, this year’s Belt and Road Film Week includes a Southeast Asian market at Bicester Village Shanghai. The summer event combines culture, tourism, commerce, sports and exhibitions. Inspired by the Belt and Road Initiative, the market blends Southeast Asian and local elements, offering an immersive experience of food, art and film.

    The Belt and Road Film Week has also brought significant film industry resources to the Shanghai International Resort Area, a major tourism and entertainment zone in Pudong that includes the Shanghai Disney Resort and other commercial and cultural facilities. More than 180 film and cultural companies now operate in the area, covering entertainment, tourism, business and exhibitions.

    Representatives of 20 key film and cultural projects sign agreements to establish operations at the resort during the Belt and Road Film Week opening ceremony in Shanghai, June 18, 2025. [Photo courtesy of SIFF Organizing Committee]

    This year, 20 additional film and cultural companies set up operations in the resort area. Representatives signed agreements at an on-site ceremony during the opening event, marking a new stage in the development of Shanghai International Resort Area as a film and creative hub. Organizers said these efforts support the resort’s goal of becoming a globally influential screen culture center.

    MIL OSI China News

  • MIL-OSI Russia: Sechin advocates increasing dividend payments to Russia: this will reduce budget risks

    Translation. Region: Russian Federal

    Source: Rosneft – Rosneft – An important disclaimer is at the bottom of this article.

    Rosneft CEO Igor Sechin proposed that Russian banks with state participation increase dividend payments to the state, which would reduce budget risks, allow the authorities to consider easing fiscal regimes for producers and become an incentive for the country’s development.

    “The banking system is stable due to the relatively low tax burden and increased yield on federal loan bonds, which allows it to operate with high efficiency. But we expect an increase in its contribution not only to the budget, but also to the country’s economy. At a minimum, increasing dividend payments in favor of the state would be reasonable and appropriate and could reduce budget risks, which would allow us to consider reducing fiscal regimes for producers and become an incentive for the country’s development,” said Igor Sechin, speaking at the Energy Panel within the framework of the XXVIII St. Petersburg International Economic Forum.

    The head of Rosneft recalled that the Russian economy has been under unprecedented sanctions pressure for more than three years. “However, despite numerous negative forecasts, it has been able to assert its viability during this period. In the last two years, Russia’s GDP growth rates have exceeded the world average,” he emphasized.

    According to the Ministry of Finance, the federal budget remains balanced, and the level of public debt is stable and under control, noted Igor Sechin.

    Department of Information and Advertising of PJSC NK Rosneft June 21, 2025

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

    MIL OSI Russia News

  • Hundreds across pacific nations participate in International Day of Yoga

    Source: Government of India

    Source: Government of India (4)

    Countries across the Pacific, including New Zealand, Fiji, Papua New Guinea, and Tonga, on Saturday celebrated the 11th International Day of Yoga (IDY), with large numbers of yoga enthusiasts joining the global occasion.

    In New Zealand, over 150 yoga practitioners from Kiwi, Indian, and international communities gathered to mark IDY. The event, held with a vibrant spirit, was organized at the High Commission of India in collaboration with Heartfulness, Hindu Swayamsevak Sangh, and the Art of Living Foundation.

    Former New Zealand Governor Anand Satyanand attended as the Chief Guest.

    The Indian High Commission in New Zealand also shared glimpses of the Yoga Day celebrations at the iconic Beehive (New Zealand Parliament) on its social media platforms, highlighting the enthusiastic participation.

    In Papua New Guinea, the Indian High Commission partnered with the Active City Development Programme (ACDP) to host celebrations at Ela Beach in the capital city, Port Moresby. Over 250 participants from various communities took part in the event.

    Papua New Guinea Governor Powes Parkop, who attended as Chief Guest, spoke about how yoga has positively transformed his life.

    Addressing the gathering, Mukesh Kumar Ambasta, Charge d’Affaires (Cd’A) of the Indian High Commission in Papua New Guinea, emphasized the significance of this year’s IDY theme, “Yoga for One Earth, One Health”, highlighting the deep connection between personal well-being and planetary health.

    In Tonga, around 60 yoga enthusiasts participated in the Yoga Day event held at the Tanoa International Dateline Hotel in Nukuʻalofa. The event was jointly organized by the Indian High Commission and the Swami Vivekananda Cultural Centre of Fiji, in collaboration with the Tongan Ministry of Foreign Affairs.

    Tonga’s Health Minister, Ana Akaola, was also present at the event.

    Meanwhile, in Fiji, the Indian High Commission and the Swami Vivekananda Cultural Centre hosted the Yoga Day celebration at the iconic Grand Pacific Hotel in Suva, the capital.

    “Grateful to Biman Prasad, Deputy Prime Minister and Minister for Finance of Fiji, for joining as the Chief Guest. Heartfelt thanks to all yoga enthusiasts — including diplomats, the diaspora, and media members — who made today’s event truly special,” the Indian High Commission in Suva posted on X.

    Deputy Prime Minister Prasad also shared a message on social media: “As we mark International Day of Yoga, let us reflect on yoga’s power to heal, unite, and inspire. Yoga for ‘One Earth, One Health’ reminds us to care for ourselves and our planet. A few minutes a day can transform lives.”

    — IANS