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Category: Business

  • MIL-OSI: Unity Bank Expands Branch Network with Opening of New Location in Madison, New Jersey

    Source: GlobeNewswire (MIL-OSI)

    MADISON, N.J., June 20, 2025 (GLOBE NEWSWIRE) — Unity Bank proudly announces the opening of its newest branch at 269 Main St, Madison, NJ. This expansion strengthens Unity Bancorp, Inc’s. (NASDAQ: UNTY) presence in the community, bringing the total number of branches to 22 and expanding its retail banking footprint across New Jersey and Pennsylvania.

    The 2,000-square-foot branch facility features onsite parking, drive-up banking, and a full-service ATM, all designed to provide customers with a seamless and convenient banking experience. Unity Bank is in the process of updating the location, which previously operated under another bank, to meet its high standards for a welcoming and customer-friendly environment.

    Linda Kemper, Vice President/Area Manager, leads the new branch sales team. With extensive experience in community banking, Kemper brings a strong dedication to service that reflects Unity Bank’s mission to prioritize customer success.

    This expansion continues Unity Bank’s growth trajectory, supported by the performance of its branches across Bergen, Hunterdon, Middlesex, Morris, Ocean, Somerset, Union, and Warren counties in New Jersey, as well as Northampton County in Pennsylvania. Unity Bank most recently opened a new branch in Parsippany, New Jersey.

    Unity Bank now manages approximately $2.6 billion in total assets and holds $2.0 billion in deposits, demonstrating its commitment to providing exceptional financial services tailored to the needs of retail, corporate, and small business customers.

    About Unity Bancorp, Inc.

    Unity Bancorp, Inc. (NASDAQ: UNTY) is the parent company of Unity Bank, a financial services organization based in Clinton, New Jersey. Unity Bank operates 22 branches across New Jersey and the Lehigh Valley, Pennsylvania, offering community-focused commercial banking services, including deposit accounts, loans, and digital services. For details, visit unitybank.com or call 800-618-BANK (800-618-2265). Unity Bank is a member of the Federal Deposit Insurance Corporation (FDIC). To learn about FDIC insurance, visit FDIC.gov.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c3629fbc-30ec-4022-8af5-485036382e0c

    The MIL Network –

    June 21, 2025
  • MIL-OSI: Stansberry Asset Management Named to Worth’s 2025 Top Registered Investment Advisor Firms

    Source: GlobeNewswire (MIL-OSI)

    WESTLAKE, Texas, June 20, 2025 (GLOBE NEWSWIRE) — Stansberry Asset Management (“SAM”) is proud to be recognized by Worth as one of the top registered investment advisory firms in the country. This honor reflects the trust SAM has earned from clients through its active portfolio management approach, personalized wealth planning, and disciplined focus on helping investors navigate today’s challenges while preparing for the future. As markets evolve and investor needs become more complex, SAM continues to offer a distinct alternative to traditional models—grounded in research, independence, and a deep understanding of what matters most to the families and institutions they serve.

    The Worth Leading Advisor program recognizes firms that meet a rigorous set of benchmarks, including assets under management of over $500 million, a predominantly high-net-worth client base, a strong emphasis on comprehensive financial planning, and full independence from broker-dealers—ensuring advice remains objective and client-centered.

    “We’re incredibly honored to be named to Worth’s list of top RIA firms for the second year in a row,” said Chris DeLaura, Chief Executive Officer at Stansberry Asset Management. “This milestone reflects the trust our clients have placed in us and the dedication of our entire team. We’re proud of the work we do together and remain committed to delivering informed, active investment management combined with holistic financial and wealth planning to help our clients grow, protect, and preserve their wealth.”

    To view the full list, visit: https://worth.com/leading-advisors/top-registered-investment-advisor-firms/

    About Stansberry Asset Management (SAM)
    Stansberry Asset Management is a registered investment advisory firm headquartered in Westlake, Texas, with offices in New York, NY, Clifton Park, NY and San Mateo, CA with clients across the country. SAM marries informed, active, sophisticated investment management with holistic financial and wealth planning, all with a focus on helping clients build and preserve their legacy. SAM’s approach is rooted in rigorous analysis, strategic insight, and a commitment to client-centric service. For more information, please visit www.stansberryam.com

    About Worth

    Worth is a leading American wealth management and lifestyle media company, providing insight and guidance for high-net-worth individuals since 1986. Through rigorous selection, Worth’s Leading Advisor program highlights the most accomplished registered investment advisory firms across the country. Their annual list of Top Registered Investment Advisor Firms is recognized as a benchmark of excellence and professionalism within the industry. For more information, visit worth.com.

    Contact:

    Claire Snider
    info@stansberryam.com
    646.854.4370

    The MIL Network –

    June 21, 2025
  • MIL-OSI: Stansberry Asset Management Named to Worth’s 2025 Top Registered Investment Advisor Firms

    Source: GlobeNewswire (MIL-OSI)

    WESTLAKE, Texas, June 20, 2025 (GLOBE NEWSWIRE) — Stansberry Asset Management (“SAM”) is proud to be recognized by Worth as one of the top registered investment advisory firms in the country. This honor reflects the trust SAM has earned from clients through its active portfolio management approach, personalized wealth planning, and disciplined focus on helping investors navigate today’s challenges while preparing for the future. As markets evolve and investor needs become more complex, SAM continues to offer a distinct alternative to traditional models—grounded in research, independence, and a deep understanding of what matters most to the families and institutions they serve.

    The Worth Leading Advisor program recognizes firms that meet a rigorous set of benchmarks, including assets under management of over $500 million, a predominantly high-net-worth client base, a strong emphasis on comprehensive financial planning, and full independence from broker-dealers—ensuring advice remains objective and client-centered.

    “We’re incredibly honored to be named to Worth’s list of top RIA firms for the second year in a row,” said Chris DeLaura, Chief Executive Officer at Stansberry Asset Management. “This milestone reflects the trust our clients have placed in us and the dedication of our entire team. We’re proud of the work we do together and remain committed to delivering informed, active investment management combined with holistic financial and wealth planning to help our clients grow, protect, and preserve their wealth.”

    To view the full list, visit: https://worth.com/leading-advisors/top-registered-investment-advisor-firms/

    About Stansberry Asset Management (SAM)
    Stansberry Asset Management is a registered investment advisory firm headquartered in Westlake, Texas, with offices in New York, NY, Clifton Park, NY and San Mateo, CA with clients across the country. SAM marries informed, active, sophisticated investment management with holistic financial and wealth planning, all with a focus on helping clients build and preserve their legacy. SAM’s approach is rooted in rigorous analysis, strategic insight, and a commitment to client-centric service. For more information, please visit www.stansberryam.com

    About Worth

    Worth is a leading American wealth management and lifestyle media company, providing insight and guidance for high-net-worth individuals since 1986. Through rigorous selection, Worth’s Leading Advisor program highlights the most accomplished registered investment advisory firms across the country. Their annual list of Top Registered Investment Advisor Firms is recognized as a benchmark of excellence and professionalism within the industry. For more information, visit worth.com.

    Contact:

    Claire Snider
    info@stansberryam.com
    646.854.4370

    The MIL Network –

    June 21, 2025
  • MIL-OSI: Bilibili Inc. Announces Results of Annual General Meeting

    Source: GlobeNewswire (MIL-OSI)

    SHANGHAI, June 20, 2025 (GLOBE NEWSWIRE) — Bilibili Inc. (“Bilibili” or the “Company”) (Nasdaq: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced that each of the proposed resolutions (the “Proposed Resolutions”) set out in the notice of the annual general meeting dated April 11, 2025 (the “AGM Notice”) has been adopted at its annual general meeting of shareholders held in Shanghai, China today.

    After the adoption of the Proposed Resolutions, all corporate authorizations and actions contemplated thereunder are approved, including, among other things, that (i) Ms. Ni Li, Mr. Yi Xu and Mr. Feng Li are re-elected as directors of the Company; and (ii) the directors are granted a general mandate to issue, allot, and deal with additional Class Z ordinary shares or equivalents and a general mandate to repurchase the Company’s own shares on the respective terms and in the respective periods as set out in the AGM Notice.

    About Bilibili Inc.

    Bilibili is an iconic brand and a leading video community with a mission to enrich the everyday lives of young generations in China. Bilibili offers a wide array of video-based content with All the Videos You Like as its value proposition. Bilibili builds its community around aspiring users, high-quality content, talented content creators and the strong emotional bonds among them. Bilibili pioneered the “bullet chatting” feature, a live comment function that has transformed our users’ viewing experience by displaying the thoughts and feelings of audience members viewing the same video. The Company has now become the welcoming home of diverse interests among young generations in China and the frontier for promoting Chinese culture across the world.

    For more information, please visit: http://ir.bilibili.com.

    For investor and media inquiries, please contact:

    In China:

    Bilibili Inc.
    Juliet Yang
    Tel: +86-21-2509-9255 Ext. 8523
    E-mail: ir@bilibili.com

    Piacente Financial Communications
    Helen Wu
    Tel: +86-10-6508-0677
    E-mail: bilibili@tpg-ir.com

    In the United States:

    Piacente Financial Communications
    Brandi Piacente
    Tel: +1-212-481-2050
    E-mail: bilibili@tpg-ir.com

    The MIL Network –

    June 21, 2025
  • MIL-OSI Economics: RBI imposes monetary penalty on Fino Payments Bank Limited

    Source: Reserve Bank of India

    The Reserve Bank of India (RBI) has, by an order dated June 06, 2025, imposed a monetary penalty of ₹29.60 lakh (Rupees Twenty Nine Lakh Sixty Thousand only) on Fino Payments Bank Limited (the bank) for non-compliance with certain directions issued by RBI on ‘Licensing of Payments Banks’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act, 1949.

    The Statutory Inspection for Supervisory Evaluation (ISE 2024) of the bank was conducted by RBI with reference to its financial position as on March 31, 2024. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions.

    After considering the bank’s reply to the notice and oral submissions made during the personal hearing, RBI found that the following charge against the bank was sustained, warranting imposition of monetary penalty:

    The bank breached the regulatory ceiling of end of the day balance, as applicable for a payments bank, in certain accounts on several occasions.

    The action is based on the deficiencies in the regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2025-2026/574

    MIL OSI Economics –

    June 21, 2025
  • MIL-OSI Banking: All-India House Price Index (HPI) for Q4:2024-25

    Source: Reserve Bank of India

    Today, the Reserve Bank released its quarterly house price index (HPI)1 (base: 2010-11=100) for Q4:2024-25, based on transaction-level data received from the registration authorities in ten major cities2. Time series data on all-India and city-wise HPIs are available at the Bank’s database on Indian economy (DBIE) portal (https://data.rbi.org.in/DBIE/#/dbie/home> Statistics > Real Sector > Prices & Wages).

    Highlights:

    • All-India HPI increased by 3.1 per cent (y-o-y) in Q4:2024-25 as compared with 3.1 per cent growth in the previous quarter and 4.1 per cent growth a year ago; annual HPI growth varied widely across the cities – ranging from a high growth of 8.8 per cent (Kolkata) to a contraction of 2.3 per cent (Kochi).

    • On a sequential (q-o-q) basis, all-India HPI increased by 0.9 per cent in Q4:2024-25; Bengaluru, Jaipur, Kolkata and Chennai are the major cities recording a sequential rise in house prices during the latest quarter.

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2025-2026/573


    MIL OSI Global Banks –

    June 21, 2025
  • MIL-OSI Banking: Nominate Next-Gen Scientists Driving AI and Biotech Innovation Singapore | 20 June 2025 APEC Policy Partnership on Science, Technology and Innovation APEC Policy Partnership on Science, Technology and Innovation

    Source: APEC – Asia Pacific Economic Cooperation

    The search is underway for outstanding young scientists whose cross-border research in artificial intelligence (AI) and biotechnology is addressing some of the Asia-Pacific’s most pressing social and environmental challenges.

    Nominations are now open for the 2025 APEC Science Prize for Innovation, Research and Education, or ASPIRE, under the theme “Toward AI-Bio Convergence: AI-based Inclusive Biotechnology Solving Social Challenges.” In line with APEC 2025’s focus on digital innovation and inclusive growth, this year’s theme highlights the potential of AI-powered biotechnology to improve health equity, food security, sustainable agriculture and environmental resilience across the region.

    “This year’s ASPIRE theme reflects the growing need for policy-relevant science that bridges disciplines and borders,” said Rahima Kandahari, Chair of the APEC Policy Partnership on Science, Technology and Innovation (PPSTI).

    “By highlighting the convergence of AI and biotechnology, we aim to draw attention to innovations that can deliver practical, inclusive solutions to complex regional challenges, and also reinforces the importance of scientific cooperation and innovation in advancing shared APEC goals.”

    Each APEC economy may nominate one scientist under the age of 40 for the annual prize. Nominees will be evaluated for their excellence in scientific research, evidenced by scholarly publications, and their dedication to cross-economy collaboration, particularly on interdisciplinary projects aligned with the year’s theme.

    “Korea places great importance on empowering young researchers to develop innovative solutions to address complex global challenges. That is why we are proud to support this year’s ASPIRE, which recognizes excellence in cross-border, interdisciplinary science,” said Sunghoon Hwang, Director General of the Ministry of Science and ICT of the Republic of Korea.

    “AI-bio convergence is a key emerging technology with the potential to transform how economies address longstanding issues such as aging populations, health inequities and sustainable agriculture,” Hwang added.

    Now in its 15th year, the prize supports APEC’s broader goals of enhancing science and technology cooperation, strengthening innovation ecosystems, and promoting sustainable and inclusive growth. Past winners have contributed to advancements in fields such as nutrition, renewable energy, nanotechnology, and public health.

    Recent awardees include Dr Zheng Liu of Singapore, who won the 2023 ASPIRE for his pioneering work on two-dimensional materials for sustainable energy and advanced electronics; and Dr Jingzheng Ren of Hong Kong, China, who received the 2022 prize for developing new models that balance economic development with environmental sustainability. Both exemplify the power of cross-border scientific collaboration to solve regional and global challenges.

    The winner of this year’s prize will receive USD 25,000, with prize funding provided by the Ministry of Science and ICT of the Republic of Korea, and will be recognized during the upcoming meeting in Korea on 13 August 2025.

    Nominations must be submitted by 1 July 2025 at 17:30 Singapore time. For eligibility requirements and submission guidelines, please visit the ASPIRE 2025 web page or contact your economy’s PPSTI representative.

     

    For media inquiries, please contact: [email protected]

    MIL OSI Global Banks –

    June 21, 2025
  • MIL-OSI United Kingdom: Fairer funding for councils across the country in major reform

    Source: United Kingdom – Executive Government & Departments

    Press release

    Fairer funding for councils across the country in major reform

    An overhaul of the outdated and complex council system will bring fairer funding, more stability and improve lives of people across the county  

    • An overhaul of the outdated and complex council system will bring fairer funding, more stability and improve lives of people across the county   

    • New place-based, focussed formulas to target money to places most in need, replacing decade old data and outdated funding system 

    • Streamlined funding and multi-year settlements introduced in drive for council efficiency and improved public services as part of the Plan for Change  

     The local government funding system will be reformed to get councils back on stable footing, improve the lives for people across the country and deliver essential funding for better public services, delivering on the Plan for Change.   

     Working hand-in-hand with the sector, proposals will create a fairer system that reflects areas’ changing needs, differing delivery costs and the level of demand on front-line services that people rely on such as social care.  

    For too long, many residents have seen council tax hikes despite declining local services. This will be tackled by overhauling the decade old, outdated funding methodology currently used to fund councils, so allocations are made based on the latest and best available data and recognise the areas where demand for council services is greatest. As a result of these changes, left behind places will on balance see larger increases in available income. 

     It will also scrap existing competitive bidding processes councils often have to go through for small pots of money, simplifying the 300 grants that already exist to slash time waste in councils and Whitehall and prioritise value for taxpayer cash. This could help cut the almost 90,000 document pages historically required as part of the competitive processes.  This would be almost the equivalent of the drive from Birmingham to Wolverhampton, if laid end to end.  

     Targeting money to places in need, prioritising prevention and reforming public services as part of the government’s mission-driven agenda to deliver for working people, tackle poverty and drive growth across the country as part of a decade of renewal. These changes will deliver the Fair Funding Review launched by the previous government in 2017 but never actioned.  

    Minister for Local Government and English Devolution, Jim McMahon OBE said:

    We inherited a local government sector on its knees—councils pushed to the financial brink, facing rising demand, and working people not receiving the quality local services they rightly deserve. 

    There’s broad agreement across council leaders, experts, and parliamentarians that the current funding model is broken and unfair. This government is stepping up to deliver the fairer system promised in the 2017 Fair Funding Review but never delivered. 

    These reforms are urgently needed to put councils on a stable footing and ensure better services for residents — especially working people — right across the country. It’s a key part of our Plan for Change to deliver the outcomes people deserve.

     It follows last week’s additional funding announced in the Spending Review and the 2025-26 Local Government Finance Settlement that saw £69 billion allocated for local authorities.  

    The eight-week consultation launched today sets out how the government will make funding allocations fairer for councils of all sizes and across all parts of England.   

    • Rural areas: proposals to recognise the remoteness of areas and account for the additional costs in delivering services in rural places;   

    • Urban areas: making sure that deprivation is properly recognised in the ‘assessment of need’ of councils, so that the vital services that support the poorest in communities are properly funded;  

    • Social care: updating the formula used to work out funding for local authorities that provide adult social care so it properly reflects the demands of our ageing population. We are also reforming children’s social care and Special Educational Needs and Disabilities (SEND), including ensuring councils are properly funded to help support and protect the most vulnerable children. While these reforms are underway, the Dedicated Schools Grant Statutory Override, which helps councils manage SEND costs, will stay in place until the end of 2027/28 and in addition we will introduce a bespoke formula to recognise Home to School transport costs;   

    • Resetting the business rates retention system: so that it incentivises local authorities to help their local economies grow by better matching the system to local need; and   

    • Consolidating billions in grant funds: so that councils no longer waste time or money bidding for small pots of funding, replacing it with a streamlined grant system that promotes prevention and public service reform, and reflects key missions in the Plan for Change. The Department estimates councils shelled out almost £70million in administrative costs and consultancy fees on bidding for the Levelling Up Fund and other bidding schemes.  

     The first multi-year settlement in a decade will also be brought forward in 2026-27 to finally provide council leaders with security and certainty over their finances, ending short-termism to deliver meaningful change to their communities.   

    These reforms, together with the additional funding announced through the spending review will ensure the vast majority of upper-tier councils will see real-terms increases in available funding over the multi-year settlement.  

    Further information  

    Minister McMahon’s Written Ministerial Statement can be read here.

    The consultation can be viewed on Gov.uk here and will be open for 8 weeks  

    The response to the earlier consultation can be viewed on Gov.uk here. 

    The government is proposing a transitional approach to the new funding system over a three year period, to enable local authorities to plan for changes.   

    No allocations for local authorities have been announced or confirmed yet. This will be announced in the provisional Local Government Finance Settlement 2026-27 later this year – the same approach as with previous years.    

    Building on action already taken in the 2025-26 Local Government Finance Settlement, today’s announcement to streamline the grant system, local leaders will have more flexibility to spend on their voters’ priorities, drive efficiency in councils and deliver better value for taxpayer money.   

    Accountability and transparency over public spending will be bolstered through a greater focus on outcomes that reflect voters’ priorities.   

    Dr Ryan Swift, research fellow at IPPR North said: 

    “The last government implemented budget cuts that hammered local councils, especially in the most deprived areas, meaning fewer and poorer services for local people. 

    “But today things are looking up. Upping core funding, introducing multi-year funding settlements and ending competitive bidding processes will provide more stability so councils can plan for the future and improve. 

    “Today’s announcement is a step along the road to repairing council finances. Recognising demands on local services from factors like demographics and deprivation are crucial so that councils can deliver the services that people expect and deserve.” 

    Cllr Sir Stephen Houghton, Chair of the Special Interest Group of Municipal Authorities (SIGOMA) said: 

    “The significant reforms proposed by the government will deliver a fairer and more sustainable system and are a major and positive step forward.  

    “A decade of disproportionate cuts, outdated formulas and short-term settlements have left our members with shrinking resources, struggling to meet rising demand. It is therefore very welcome that there will now be a focus on delivering a funding system that supports the most deprived areas. This will build on the important work of the Recovery Grant.  

    “Simplifying the grant system and delivering a long-overdue multi-year settlement will bring about much-needed stability and certainty for councils. The government’s close engagement with the sector is testament to the reset in the relationship with local government, and we look forward to responding to the consultation and continuing to engage with the department.”  

    Cllr John Merry, Chair of Key Cities, said: 

    “Councils are central to national renewal. They must be valued, properly funded, and adequately resourced to deliver essential services – from social care to affordable housing – which are under increasing strain. Key Cities’ inaugural survey of council leaders found that many are already turning to financial reserves and service redesigns, with asset sales, salary reductions and redundancies under active consideration.    

    “As the largest and most diverse urban network outside the capital, with 24 members, we have long championed the need for a funding reset: one that empowers local authorities and channels resources to the communities that need them most, driving inclusive national growth.      “What’s needed now is long-term funding certainty, replacing piecemeal interventions and enabling councils to focus on meeting local needs. Key Cities welcomes the launch of the Government’s second consultation on local government funding reform. We remain committed to working with the Government to shape a brighter future for our communities.”

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    Updates to this page

    Published 20 June 2025

    MIL OSI United Kingdom –

    June 21, 2025
  • MIL-OSI USA: Skunk Captured in Kaka‘ako

    Source: US State of Hawaii

    Skunk Captured in Kaka‘ako

    Posted on Jun 19, 2025 in Main

    NR25-15
    June 19, 2025

    HONOLULU – A live skunk was captured last night at Kaka‘ako Waterfront Park by Honolulu police after they responded to a call reporting that a skunk was running around the park near Keawe St. Police contacted the Hawai‘i Department of Agriculture and three agriculture inspectors were dispatched at about 10:30 p.m. When the inspectors arrived at the scene, police officers had contained the skunk in a plastic trash bin. Inspectors took custody of the skunk and it has been humanely euthanized to test for the rabies virus.

    The origin of the skunk is not known; however, the park is adjacent to Honolulu Harbor where skunks have been previously captured after apparently hitchhiking aboard cargo ships. Skunks were spotted and captured by stevedores at Honolulu Harbor in February 2018, January 2021, July 2021 and June 2022.

    On Maui, a live skunk was captured at Kahului Harbor in December 2020 and one was captured at a trucking company in August 2018. Also on Maui, the Department of Land and Natural Resources captured a skunk at Kanahā Pond State Wildlife Sanctuary in August 2022. In February 2023, a Hilo resident caught a skunk in a mongoose trap. All previously captured skunks have tested negative for rabies.

    Skunks are prohibited in Hawai‘i. They are avid egg-eaters and would pose a threat to Hawai‘i’s native ground-nesting birds if they become established. They inhabit the mainland U.S., Canada, South America, Mexico and other parts of the world. In the U.S., they are recognized as one of the four primary wild carriers of rabies, a fatal viral disease of mammals that is often transmitted through the bite of an infected animal. Hawai‘i is the only state in the U.S. and one of the few places in the world that is free of rabies.

    Sightings or captures of illegal and invasive species should be reported to the state’s toll-free Pest Hotline at 808-643-PEST (7378).

    # # #

    Skunk Found at Kaka‘ako Waterfront Park

    Skunk found at Kaka‘ako Waterfront Park

    MIL OSI USA News –

    June 21, 2025
  • MIL-OSI USA: News release on skunk captured at Kaka‘ako Waterfront Park

    Source: US State of Hawaii

    News release on skunk captured at Kaka‘ako Waterfront Park

    Posted on Jun 19, 2025 in Latest Department News, Newsroom

        

         

    STATE OF HAWAIʻI

    KA MOKU ʻĀINA O HAWAIʻI

     

    JOSH GREEN, M.D.
    GOVERNOR

    KE KIAʻĀINA

    DEPARTMENT OF AGRICULTURE

    ʻOIHANA MAHIʻAI

     

    SHARON HURD
    CHAIRPERSON

    KA LUNA HOʻOKELE

     

    DEAN M. MATSUKAWA
    DEPUTY TO THE CHAIRPERSON

    KA HOPE LUNA HOʻOKELE

     

     

    SKUNK CAPTURED AT KAKA‘AKO WATERFRONT PARK

     

    FOR IMMEDIATE RELEASE                                                       

    June 19, 2025

    NR25-15

    HONOLULU – A live skunk was captured last night at Kaka‘ako Waterfront Park by Honolulu police after they responded to a call reporting that a skunk was running around the park near Keawe St. Police contacted the Hawai‘i Department of Agriculture and three agriculture inspectors were dispatched at about 10:30 p.m. When the inspectors arrived at the scene, police officers had contained the skunk in a plastic trash bin. Inspectors took custody of the skunk and it has been humanely euthanized to test for the rabies virus.

    The origin of the skunk is not known; however, the park is adjacent to Honolulu Harbor where skunks have been previously captured after apparently hitchhiking aboard cargo ships. Skunks were spotted and captured by stevedores at Honolulu Harbor in February 2018, January 2021, July 2021 and June 2022.

    On Maui, a live skunk was captured at Kahului Harbor in December 2020 and one was captured at a trucking company in August 2018. Also on Maui, the Department of Land and Natural Resources captured a skunk at Kanahā Pond State Wildlife Sanctuary in August 2022. In February 2023, a Hilo resident caught a skunk in a mongoose trap. All previously captured skunks have tested negative for rabies.

    Skunks are prohibited in Hawai‘i. They are avid egg-eaters and would pose a threat to Hawai‘i’s native ground-nesting birds if they become established. They inhabit the mainland U.S., Canada, South America, Mexico and other parts of the world. In the U.S., they are recognized as one of the four primary wild carriers of rabies, a fatal viral disease of mammals that is often transmitted through the bite of an infected animal. Hawai‘i is the only state in the U.S. and one of the few places in the world that is free of rabies.

     

    Sightings or captures of illegal and invasive species should be reported to the state’s toll-free Pest Hotline at 808-643-PEST (7378).

    # # #

    Attachments: Two photos of the skunk

    Media Contact:
    Janelle Saneishi
    Public Information Officer
    Hawaiʻi Department of Agriculture
    Phone: 808-973-9560
    Cell: 808-341-5528
    Email:
    [email protected]
    Website:
    http://hdoa.hawaii.gov

    Confidentiality Notice:  This e-mail message, including any attachments, is for the sole use of the intended recipient(s) and may contain confidential and/or privileged information.  Any review, use, disclosure, or distribution by unintended recipients is prohibited.  If you are not the intended recipient(s), please contact the sender by reply e-mail and destroy all copies of the original message.

    MIL OSI USA News –

    June 21, 2025
  • MIL-OSI Europe: The challenges of vaccine production in Africa

    Source: Agenzia Fides – MIL OSI

    Thursday, 19 June 2025

    World Health Organization (WHO)

    by Cosimo GrazianiAbuja (Agenzia Fides) – In recent weeks, a Lassa fever vaccine developed by local researchers in Nigeria has shown initial signs of effectiveness in combating the disease, which recorded 747 new cases and 142 deaths in the African country in the first half of 2025. This was announced by Simeon Agwale, CEO of the Nigerian pharmaceutical company Innovative Biotech. The vaccine was developed under license from the University of Melbourne, and test doses were produced in the United States until the necessary infrastructure is established in Nigeria.For the African giant, the possibility of developing and producing this vaccine locally represents a significant achievement for the country, especially considering that the mortality rate has increased compared to 2024. This progress reflects a positive trend regarding the development of vaccines across the continent.Several African countries are striving to increase domestic vaccine production, a priority that has gained importance since the COVID-19 pandemic. In 2022, the Partnerships for African Vaccine Manufacturing (PAVM) initiative was launched, aiming to produce 60 percent of Africa’s vaccine needs by 2040 (currently just 1 percent).The challenge of vaccine manufacturing is also related to the planning and development phase.According to the Africa Centre for Disease Control and Prevention (CDC), the African Union department that deals with disease prevention and control, in 2024 there were 25 vaccine projects across the continent: 15 in early stages of development, five with production capacity but no transfer capacity, and five with both production and transfer capacity. These figures are positive and are underpinned by the fact that there are at least a dozen active pharmaceutical companies across the continent in countries such as Nigeria, Morocco, Egypt, South Africa, and Algeria. All of these aspects contribute to strengthening the vaccine ecosystem, which has already borne fruit in the past, such as the Ebola vaccine developed after the 2013 outbreak in West Africa.Three major agreements to strengthen vaccine production capacity in Africa were recently announced, one signed in December 2024 and two in February of this year. The first involved the U.S. International Development Finance Corporation, the African Development Bank, and the International Finance Corporation (IFC). It provided $45 million to VaxSen, a subsidiary of the Dakar-based Pasteur Institute in Senegal, a country also very active in vaccine research. The agreement was intended to strengthen production capacity, support the local supply chain, and create a strong vaccine distribution network, as envisioned in the African Union’s 2040 Strategy, of which PAVM is a part. In addition to its impact on healthcare, the agreement should also have an impact on the creation of skilled jobs, as the Pasteur Institute’s facilities are being expanded. The question arises whether this project will also be scaled back or even canceled following the Trump administration’s cuts in international cooperation in recent months.The first of the agreements signed in February concerns a $1.2 billion investment by Gavi-the Vaccine Alliance, a public-private partnership that supports vaccination projects worldwide, particularly for children. According to this agreement, the funds will be used to establish an RNA vaccine production platform in Africa, involving both private African companies such as the Egyptian company EVA Pharma and foreign companies such as the French company DNA Script and the Belgian companies Unizima and Quantoom Biosciences. A second agreement signed in February, however, is a purely African collaboration: Egyptian Biogeneric Pharma and South African Afrigen will expand the development of RNA vaccines to also strengthen continental expertise in manufacturing and application to combat diseases plaguing the continent.These initiatives were listed in the report published by the Coalition for Epidemic Preparedness Innovations (CEPI) in February this year. The Oslo-based foundation pointed out that among the issues that need to be resolved to develop a self-sufficient vaccine industry in Africa are problems with access to finance, production restrictions, tariffs, and customs duties and uncertain demand. The problem of the vaccine market in Africa has a major impact on the decisions of various vaccine companies around the world, also taking into account the fact that Africa’s population, especially its young population, will continue to grow strongly in the coming years. (Agenzia Fides, 19/6/2025)
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    MIL OSI Europe News –

    June 21, 2025
  • MIL-OSI: Digital Asset Technologies Celebrates GENIUS Act as Pivotal Moment for U.S. Leadership in Digital Finance

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, BC, June 20, 2025 (GLOBE NEWSWIRE) — Digital Asset Technologies Inc. (CSE: DATT) (OTCPK: EATBF) (FSE: 988) (“Digital Asset Technologies” or the “Company”) and its portfolio company LiquidLink AI Corp. (“LinkLink”), strongly supports the U.S. Senate’s passage of the GENIUS Act (S.1582) — a landmark bill establishing the first comprehensive federal regulatory framework for payment stablecoins. The legislation marks a definitive turning point for the digital asset industry and lays the foundation for global programmable money, institutional grade stablecoins, and real-world asset (RWA) tokenization.

    The GENIUS Act not only positions the United States alongside every other G20 nation that has developed or is piloting programmable money systems — including Europe’s MiCA framework and CBDC programs in China, Japan, and Canada — it actually leapfrogs them. Unlike most of these jurisdictions, which are focused solely on central bank digital currencies (CBDCs), the U.S. is now enabling regulated private enterprises to issue secure, redeemable, and transparent stablecoins — unlocking innovation in ways that centralized, government-issued tokens cannot.

    “This legislation marks the official start of the internet of value,” said Marcus Ingram, CEO of LiquidLink, a portfolio company of Digital Asset Technologies Inc.
    ‎ “The U.S. now leads the world with a market-driven framework that empowers private innovators to build a future where money moves as freely as email — no bank account required.”

    The Rise of a Tokenized Financial System

    The GENIUS Act doesn’t just legitimize payment stablecoins — it signals the beginning of a broader regulatory framework that will support the tokenization of all real-world assets, from equities and commodities to real estate and intellectual property. By setting capital, liquidity, and transparency standards for issuers and custodians, the bill lays the groundwork for a compliant, programmable, and interoperable global financial system.

    XRPL: The Network for Real-World Asset Settlement

    With this evolution now underway, the XRP Ledger (XRPL) stands out as the ideal network to support a stablecoin- and RWA-driven future:

    • Built for payments: XRPL features fast, low-cost, and energy-efficient transactions.
      ‎
    • Native tokenization: The protocol includes built-in tools for issuing, managing, and freezing assets.
      ‎
    • Institutional readiness: Decentralized yet trusted, XRPL is widely supported by regulated financial entities.
      ‎
    • Compliance-friendly: XRPL includes functions that make regulatory enforcement (e.g., asset clawbacks) possible.‎

    As stablecoins and CBDCs become dominant global payment mechanisms, XRPL is poised to become the primary distributed ledger infrastructure for institutional finance.

    Why LiquidLink Is Critical Infrastructure

    LiquidLink’s flagship platform is purpose-built for the programmable financial system envisioned by the GENIUS Act. As a self-custody-first discovery and analytics tool for XRPL, it will be essential infrastructure in a world where digital assets, stablecoins, and RWAs move seamlessly across chains and borders.

    Key features include:

    • On-Chain Discovery: LiquidLink allows users to locate and analyze tokenized assets, stablecoins, and Web3 tokens on XRPL — all while retaining custody of their own funds.
      ‎
    • Advanced Trading Intelligence: LiquidLink identifies optimal DEX routes and arbitrage opportunities using real-time analytics.
      ‎
    • No Custodial Risk: Entirely client-side, LiquidLink ensures that users — not third parties — control their assets and private keys.
      ‎
    • RWA Launchpad: Integrated launchpad capabilities make it easy for token issuers to bring real-world assets on-chain with optional KYC and compliance modules.

    ‎“In a programmable financial system, compliance and automation must be inseparable,” added Ingram. “LiquidLink ensures that tokenized assets — whether stablecoins or RWAs — can be issued, traded, and settled securely and lawfully across borders.”

    Looking Ahead

    Digital Asset Technologies is preparing its infrastructure and compliance strategy in anticipation of the GENIUS Act becoming law. Through LiquidLink, the company will actively engage with U.S. regulators to align with the forthcoming licensing framework for payment stablecoin issuers.

    “This is not just a bill — it’s the foundation of an entirely new monetary architecture,” said Ingram. 
    ‎ “We’re building the tools and infrastructure to power that future.”

    About Digital Asset Technologies Inc.

    Digital Asset Technologies (CSE: DATT) is a publicly traded investment issuer that identifies and makes equity investments in global companies that are developing and commercializing innovative food tech, sustainability and technology. The Company provides retail investors with the unique opportunity to participate in the growth of a broad cross-section of opportunities in the alternative food, sustainability and technology sectors. Through its portfolio company, Liquidlink AI Corp., the Company has entered the blockchain technology sector with a focus on real-world asset tokenization, decentralized infrastructure, and advanced trading analytics.

    Learn more: https://www.datech.ca/

    About LiquidLink

    LiquidLink is a portfolio company of Digital Asset Technologies Inc., focused on building secure, interoperable infrastructure for the tokenized economy. Its flagship product, Xrpfy, provides self-custody discovery tools, trading intelligence, and RWA launchpad capabilities for the XRPL ecosystem and is expanding to support multiple blockchains.

    Media Contact:
    ‎
    Marcus Ingram
    marcus@liquidlink.ai

    Sources:
    Atlantic Council CBDC Tracker
    European Commission – Digital Finance‎
    [KPMG Regulatory Insights – GENIUS Act, June 2025]
    ‎LiquidLink Strategic Update on Xrpfy
    ‎

    The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release and has neither approved nor disapproved the contents of this press release.

    For further information: For further information, please contact Young Bann, CEO, young@purposeesg.com.

    Cautionary Note regarding Forward Looking Statements

    This press release contains forward-looking statements. Forward-looking statements can be identified by the use of words such as, “subject to”, or variations of such words and phrases or state that certain actions, events or results “may” or “will” be taken, occur or be achieved. Forward-looking statements in this news release include, but are not limited to, statements regarding the Company’s business strategy, current and future investments, the proposed name change, the updated Investment Policy, and the Company’s ability to obtain the necessary shareholder and regulatory approvals in connection with the proposed name change and updated Investment Policy. Forward-looking statements are based on assumptions, but the actual results may be materially different from any future expectations expressed or implied by the forward-looking statements. The forward-looking statements can be affected by known and unknown risks, uncertainties and other factors, including, but not limited to, the equity markets generally and a failure to obtain the necessary approvals from the Canadian Securities Exchange. Accordingly, readers should not place undue reliance on forward-looking statements.

    The MIL Network –

    June 21, 2025
  • MIL-OSI: Digital Asset Technologies Celebrates GENIUS Act as Pivotal Moment for U.S. Leadership in Digital Finance

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, BC, June 20, 2025 (GLOBE NEWSWIRE) — Digital Asset Technologies Inc. (CSE: DATT) (OTCPK: EATBF) (FSE: 988) (“Digital Asset Technologies” or the “Company”) and its portfolio company LiquidLink AI Corp. (“LinkLink”), strongly supports the U.S. Senate’s passage of the GENIUS Act (S.1582) — a landmark bill establishing the first comprehensive federal regulatory framework for payment stablecoins. The legislation marks a definitive turning point for the digital asset industry and lays the foundation for global programmable money, institutional grade stablecoins, and real-world asset (RWA) tokenization.

    The GENIUS Act not only positions the United States alongside every other G20 nation that has developed or is piloting programmable money systems — including Europe’s MiCA framework and CBDC programs in China, Japan, and Canada — it actually leapfrogs them. Unlike most of these jurisdictions, which are focused solely on central bank digital currencies (CBDCs), the U.S. is now enabling regulated private enterprises to issue secure, redeemable, and transparent stablecoins — unlocking innovation in ways that centralized, government-issued tokens cannot.

    “This legislation marks the official start of the internet of value,” said Marcus Ingram, CEO of LiquidLink, a portfolio company of Digital Asset Technologies Inc.
    ‎ “The U.S. now leads the world with a market-driven framework that empowers private innovators to build a future where money moves as freely as email — no bank account required.”

    The Rise of a Tokenized Financial System

    The GENIUS Act doesn’t just legitimize payment stablecoins — it signals the beginning of a broader regulatory framework that will support the tokenization of all real-world assets, from equities and commodities to real estate and intellectual property. By setting capital, liquidity, and transparency standards for issuers and custodians, the bill lays the groundwork for a compliant, programmable, and interoperable global financial system.

    XRPL: The Network for Real-World Asset Settlement

    With this evolution now underway, the XRP Ledger (XRPL) stands out as the ideal network to support a stablecoin- and RWA-driven future:

    • Built for payments: XRPL features fast, low-cost, and energy-efficient transactions.
      ‎
    • Native tokenization: The protocol includes built-in tools for issuing, managing, and freezing assets.
      ‎
    • Institutional readiness: Decentralized yet trusted, XRPL is widely supported by regulated financial entities.
      ‎
    • Compliance-friendly: XRPL includes functions that make regulatory enforcement (e.g., asset clawbacks) possible.‎

    As stablecoins and CBDCs become dominant global payment mechanisms, XRPL is poised to become the primary distributed ledger infrastructure for institutional finance.

    Why LiquidLink Is Critical Infrastructure

    LiquidLink’s flagship platform is purpose-built for the programmable financial system envisioned by the GENIUS Act. As a self-custody-first discovery and analytics tool for XRPL, it will be essential infrastructure in a world where digital assets, stablecoins, and RWAs move seamlessly across chains and borders.

    Key features include:

    • On-Chain Discovery: LiquidLink allows users to locate and analyze tokenized assets, stablecoins, and Web3 tokens on XRPL — all while retaining custody of their own funds.
      ‎
    • Advanced Trading Intelligence: LiquidLink identifies optimal DEX routes and arbitrage opportunities using real-time analytics.
      ‎
    • No Custodial Risk: Entirely client-side, LiquidLink ensures that users — not third parties — control their assets and private keys.
      ‎
    • RWA Launchpad: Integrated launchpad capabilities make it easy for token issuers to bring real-world assets on-chain with optional KYC and compliance modules.

    ‎“In a programmable financial system, compliance and automation must be inseparable,” added Ingram. “LiquidLink ensures that tokenized assets — whether stablecoins or RWAs — can be issued, traded, and settled securely and lawfully across borders.”

    Looking Ahead

    Digital Asset Technologies is preparing its infrastructure and compliance strategy in anticipation of the GENIUS Act becoming law. Through LiquidLink, the company will actively engage with U.S. regulators to align with the forthcoming licensing framework for payment stablecoin issuers.

    “This is not just a bill — it’s the foundation of an entirely new monetary architecture,” said Ingram. 
    ‎ “We’re building the tools and infrastructure to power that future.”

    About Digital Asset Technologies Inc.

    Digital Asset Technologies (CSE: DATT) is a publicly traded investment issuer that identifies and makes equity investments in global companies that are developing and commercializing innovative food tech, sustainability and technology. The Company provides retail investors with the unique opportunity to participate in the growth of a broad cross-section of opportunities in the alternative food, sustainability and technology sectors. Through its portfolio company, Liquidlink AI Corp., the Company has entered the blockchain technology sector with a focus on real-world asset tokenization, decentralized infrastructure, and advanced trading analytics.

    Learn more: https://www.datech.ca/

    About LiquidLink

    LiquidLink is a portfolio company of Digital Asset Technologies Inc., focused on building secure, interoperable infrastructure for the tokenized economy. Its flagship product, Xrpfy, provides self-custody discovery tools, trading intelligence, and RWA launchpad capabilities for the XRPL ecosystem and is expanding to support multiple blockchains.

    Media Contact:
    ‎
    Marcus Ingram
    marcus@liquidlink.ai

    Sources:
    Atlantic Council CBDC Tracker
    European Commission – Digital Finance‎
    [KPMG Regulatory Insights – GENIUS Act, June 2025]
    ‎LiquidLink Strategic Update on Xrpfy
    ‎

    The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release and has neither approved nor disapproved the contents of this press release.

    For further information: For further information, please contact Young Bann, CEO, young@purposeesg.com.

    Cautionary Note regarding Forward Looking Statements

    This press release contains forward-looking statements. Forward-looking statements can be identified by the use of words such as, “subject to”, or variations of such words and phrases or state that certain actions, events or results “may” or “will” be taken, occur or be achieved. Forward-looking statements in this news release include, but are not limited to, statements regarding the Company’s business strategy, current and future investments, the proposed name change, the updated Investment Policy, and the Company’s ability to obtain the necessary shareholder and regulatory approvals in connection with the proposed name change and updated Investment Policy. Forward-looking statements are based on assumptions, but the actual results may be materially different from any future expectations expressed or implied by the forward-looking statements. The forward-looking statements can be affected by known and unknown risks, uncertainties and other factors, including, but not limited to, the equity markets generally and a failure to obtain the necessary approvals from the Canadian Securities Exchange. Accordingly, readers should not place undue reliance on forward-looking statements.

    The MIL Network –

    June 21, 2025
  • MIL-OSI Russia: China’s Commerce Minister Holds Video Talks with EU Commissioner for Trade and Economic Security

    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 20 (Xinhua) — Chinese Commerce Minister Wang Wentao held talks via video link with European Commissioner for Trade and Economic Security Maros Sefcovic on Thursday, according to a statement released by the Ministry of Commerce.

    The two sides held in-depth and professional consultations on economic and trade issues, including the anti-subsidy investigation on electric vehicles and other trade remedy cases, as well as export control and market access.

    The two sides agreed to make joint efforts to meet each other halfway, effectively carry out preparatory work in the economic and trade field for the important agenda between China and the EU this year, and promote the healthy, stable and sustainable development of China-EU economic and trade relations. -0-

    MIL OSI Russia News –

    June 21, 2025
  • MIL-OSI Russia: Who will perform on stage at Scarlet Sails 2025?

    Translation. Region: Russian Federal

    The main theme of the concert numbers on Palace Square will be the victory of good over evil. An important milestone in Russian history will also be reflected – the 80th anniversary of the Great Victory.

    Lidiya Butuzova, general producer of the concert part of the “Scarlet Sails-2025” graduates’ celebration on Palace Square:

    – In the concert part of “Scarlet Sails”, together with the artists and graduates, we will discuss what helps us all win, what qualities are necessary for this, what is needed to move forward and achieve success. Of course, we will remember the great victories of our ancestors.

    The concert of the main celebration of graduates will include several blocks, each of which will embody the qualities that help to win.

    The 5UTRA group will talk about hope. It is this that helps to overcome difficulties and believe in the best. The video sequence on the screens, made in pastel colors, will create an atmosphere of lightness and emphasize the moment of expectation of happiness. For the first time in the history of the graduates’ holiday, the artists of the theater on the water will appear on stage. Together with the ballet “Todes”, they will complement the first performance.

    Singer and musician Akmal’ will be responsible for love. The performer, dancers and other artists on stage will turn into a single mechanism, the clear and precise movements of which symbolize order and harmony.

    The most anticipated artist of the evening is Nadezhda Kadysheva. In the “Power of Unity” block, she will perform popular hits “Shiroka Reka”, “I’m Not a Witch”, “Techet Ruchey”, “Vinovataya Lie Ya”, “Plyvet Venochek”. These compositions are filled with deep meanings, conveying a feeling of love for the homeland, loyalty to traditions and the strength of the Russian people. The graphics on the screens will show picturesque landscapes of Russian expanses and native birches, magical images of fairy-tale characters familiar to everyone from childhood.

    Vadim Samoilov/Agatha Christie will talk about wisdom and cunning, and the rock and pop group The Hatters will talk about courage. The group’s lead singer will experience the state of weightlessness. The “Will and Spirit” block is assigned to the singer Bearwolf. A musical medley, a theatrical performance and the appearance on stage of the brightest and most large-scale decoration of the evening will show the victory of light and goodness over darkness and chaos.

    “Ivanushki International” will present “Joy and Jubilation”. Honored Artist of Russia Zara will conduct a history lesson and remind about the exploits of our ancestors and heroes of our time. Those who defended their country, glorified and inspired subsequent generations.

    Lidiya Butuzova, general producer of the concert part of the “Scarlet Sails-2025” graduation celebration on Palace Square:

    – “Scarlet Sails” is a project that in itself inspires new achievements. The project is about dreams and the fulfillment of desires. The main thing is to believe in it and charge yourself with the wonderful energy of love, kindness and happiness that comes from it.

    A separate issue will be dedicated to the most tragic page in the history of the city on the Neva – the siege of Leningrad. It will be a kind of epilogue and summing up. This is a block about people who survived the siege and stood firm in the Great Patriotic War. And all of them, of course, possessed those qualities – fortitude, faith, hope, will, wisdom, love – that helped them win. The stage will turn into a window sealed with tape during the bombing, and the chronicles of those terrible days will come to life on white canvases. Musician and composer Nikola Melnikov and the orchestra will perform Shostakovich’s Symphony No. 7.

    The hosts of the main graduates’ concert will be Mitya Khrustalev and Daria Blokhina.

    The concert on Dvortsovaya will begin at 22:00 Moscow time and will last 2 hours and 40 minutes. At 00:40, a water-pyrotechnic show will unfold in the waters of the Neva with the participation of the main symbol of the holiday – the snow-white brig “Russia” under scarlet sails.

    The Scarlet Sails festival was revived in 2005 after a long hiatus on the initiative of Joint-Stock Bank ROSSIYA, the Government of St. Petersburg and Channel Five.

    The material was prepared by the press service of Channel Five.

    MIL OSI Russia News –

    June 20, 2025
  • MIL-OSI: Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

    Source: GlobeNewswire (MIL-OSI)

    Closed-end investment company intended for informed investors UAB “Atsinaujinančios energetikos investicijos” (hereinafter – the Company), whose securities (the Bonds) are listed and admitted to trading on the Bond List of Nasdaq.

    The Company has received a notification from the person closely associated with persons discharging managerial responsibilities regarding the transactions in the Company’s Bonds (enclosed). 

    Contact person for further information:

    Mantas Auruškevičius

    Manager of the Investment Company

    mantas.auruskevicius@lordslb.lt

    Attachments

    • Pranešimas apie sandorius AEI keitimas (B)
    • Pranešimas apie sandorius AEI keitimas (S)

    The MIL Network –

    June 20, 2025
  • MIL-OSI Africa: Senegal and Kenya Top African Development Bank’s Electricity Regulatory Index, as Regulators Drive Tangible Reforms

    Source: Africa Press Organisation – English (2) – Report:

    Kenya and Senegal have claimed the top spots in the African Development Bank’s 2024 Electricity Regulatory Index (ERI) (www.AfDB.org), demonstrating exceptional progress in power sector governance and regulatory outcomes. The comprehensive assessment, officially unveiled today at the Africa Energy Forum in Cape Town, evaluates regulatory frameworks across 43 African countries. 

    Uganda, Liberia and Niger round out the top five performers, with Niger registering one of the biggest gains, underlining the strong impact of sustained reforms and political commitment to power sector development. 

    The ERI evaluates three dimensions—Regulatory Governance, Regulatory Substance, and Regulatory Outcomes (ROI). Notably, the ROI, which tracks service delivery and utility performance, recorded the most substantial improvement across the continent. 

    Key findings from the 2024 ERI: 

    • Kenya and Senegal led with a score of 0.892, reflecting standout progress in tariff reform, regulatory outcomes, and utility performance. 
    • A remarkable 41 out of 43 participating countries achieved RGI scores above 0.5, representing a significant increase from 24 countries in 2022.  
    • Countries scoring below 0.500 reduced significantly from 19 in 2022 to just 6 in 2024.  
    • Even the lowest-performing country tripled its score—from about 0.10 to 0.33. 
    • The ROI surged from roughly 0.40 in 2022 to 0.62 in 2024, showing that reforms are delivering tangible service improvements on the ground. 

    Now in its seventh edition, the ERI shows strong momentum toward more effective, transparent, and impactful regulation, with real-world results beginning to emerge. 

    “The 2024 ERI shows that Africa’s regulators are stepping up. We are now seeing stronger institutions delivering real results for utilities and consumers. This shift is critical if we are to achieve Mission 300 and connect 300 million people to electricity by 2030,” says Dr. Kevin Kariuki, AfDB Vice President for Power, Energy, Climate and Green Growth. 

    For the first time, the 2024 ERI also assessed regional regulatory bodies, recognizing their growing role in harmonizing technical standards and enabling cross-border electricity trade. 

    As the backbone of Mission 300, ERI continues to inform the design and implementation of national energy compacts—currently active in 12 countries, with another 20 in development. 

    Bridging the Gap – Addressing Ongoing Challenges 

    While celebrating regulatory progress, the report calls for greater focus on regulatory independence, the financial viability of utilities, and the integration of off-grid and mini-grid systems into national frameworks. The ERI underscores that regulation must translate into better access, affordability, and reliability, especially for underserved rural populations.  

    The report outlines priority areas for enhancing regulatory effectiveness:  

    • Strengthening regulatory independence 
    • Enhancing accountability mechanisms 
    • Promoting transparency and predictability 
    • Improving stakeholder participation 
    • Deepening economic regulation and advancing cost-reflective tariff methodologies. 

    “The ERI 2024 tells a hopeful story. African countries are not just passing laws—they are implementing them. Regulators are transforming from administrative bodies into strategic institutions with measurable influence. However, challenges related to independence, financing, and enforcement persist,” said Wale Shonibare, Director for Energy Financial Solutions, Policy and Regulation at the Bank Group. 

    Launched in 2018, the ERI is a diagnostic and policy tool used by governments, regulators, and development partners to identify gaps, track progress, and prioritize reform efforts. The 2024 edition incorporates extensive feedback from utilities, regulators, and regional energy bodies.  

    The full ERI 2024 report will be available here (https://apo-opa.co/4kPeDmZ). 

    – on behalf of African Development Bank Group (AfDB).

    Media Contact: 
    Gertrude Kitongo
    Communication and External Relations Department 

    Technical Contact: 
    Callixte Kambanda
    Manager, Energy Policy, Regulations, and Statistics 
    email: c.kambanda@afdb.org

    About the African Development Bank Group:
    The African Development Bank Group (AfDB) is Africa’s premier development finance institution. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). On the ground in 44 African countries with an external office in Japan, the AfDB contributes to the economic development and the social progress of its 54 regional member states. 

    Media files

    Download logo

    MIL OSI Africa –

    June 20, 2025
  • Four crore people in Bihar have overcome poverty in a decade, says PM Modi in Siwan

    Source: Government of India

    Source: Government of India (4)

    Nearly four crore people in Bihar have overcome poverty in the past decade, Prime Minister Narendra Modi said on Friday, highlighting his government’s sustained efforts to uplift the poor and dismantle the legacy of deprivation left by previous regimes.
     
    Addressing a large public gathering in Siwan district, where he inaugurated and laid the foundation stone for development projects worth over ₹5,200 crore, the Prime Minister said his government had delivered tangible results where previous governments had offered only slogans.
     
    “For decades, the country heard only slogans about poverty eradication,” PM Modi said. “But in the past ten years, a record 25 crore Indians have come out of poverty. Institutions like the World Bank have also acknowledged this achievement.”
     
    He noted that Bihar, particularly under the leadership of Chief Minister Nitish Kumar, has played a pivotal role in this national transformation. “More than half of Bihar’s population once lived in extreme poverty,” he said. “But in the last ten years alone, nearly four crore people in the state have moved out of poverty. This is a remarkable turnaround.”
     
    PM Modi noted that for decades after independence, it wasn’t a lack of effort that held the poor back, but the absence of opportunities to move ahead. He said that even basic services were entangled in bureaucratic hurdles, turning routine tasks into major challenges. “People had to approach MPs just to get a gas connection, and bribes or personal contacts were often the only way to secure employment,” he said. He added that these conditions impacted Dalits, Mahadalits, and backward communities the most.
     
    He accused previous governments of turning the dreams of the poor into an opportunity for a select few families to accumulate wealth. “They sold dreams of poverty eradication, but only a handful became millionaires and billionaires,” he remarked.
     
    The Prime Minister said that in the last 11 years, the government has worked tirelessly to remove every hurdle from the path of the poor. “As a result, visible and impactful outcomes are now before the nation,” he said. Over four crore poor families across India have been provided with pucca houses under government schemes, he added, with another three crore houses planned. In Bihar alone, more than 57 lakh houses have been constructed under the Pradhan Mantri Awas Yojana, including over 1.10 lakh homes in Siwan district.
     
    He also noted that housing installments were disbursed for over 50,000 families in Bihar today. “What makes me proud is that a majority of these homes are registered in the names of women. Women who never had any property in their names are today becoming proud homeowners,” he said.
     
    PM Modi said that the Centre was not only providing housing, but also ensuring food, electricity, and water for every household. “More than 12 crore new households in the country have been connected with tap water. In Siwan alone, over 4.5 lakh families received water connections for the first time,” he said. He added that efforts were underway to ensure every rural household has access to clean drinking water and that urban infrastructure is being upgraded through the approval of new pipeline and sewage treatment projects across multiple cities in Bihar.
     
    Taking aim at previous administrations, the Prime Minister said their record on development was dismal. “Whenever these parties speak of development, people are reminded of shuttered shops, stalled businesses, and collapsed industries,” he said, accusing them of promoting a climate of lawlessness, corruption, and mafia control. “They have always been anti-Bihar and anti-investment. That is why they have never been able to win the trust of Bihar’s youth,” he remarked.
     
    The Prime Minister said that all the developmental efforts currently underway are driven by a vision to create a better life for the poor, the backward, and the middle class. “These projects are not just infrastructure initiatives. They are steps towards restoring dignity, ensuring justice, and securing the future for generations to come,” PM Modi added.
    June 20, 2025
  • MIL-OSI Banking: WTO members examine LDC trade interests, trade and development priorities

    Source: WTO

    Headline: WTO members examine LDC trade interests, trade and development priorities

    LDC trade interests
    At the meeting of the WTO Sub-Committee on LDCs on 16 June, members considered   several LDC related proposals, including those on LDC graduation, LDC accessions and the future of the Enhanced Integrated Framework (EIF). They exchanged views on the latest proposal on LDC graduation, which focuses on three areas: subsidies, trade-related aspects of intellectual property rights and agriculture. A communication on strengthening the implementation of the LDC accession guidelines was submitted by India and Djibouti on behalf of the LDC Group.
    Members exchanged views on the future of the EIF, an Aid for Trade programme aimed at enhancing  LDC  integration  into global trade, which was implemented in two phases (2008 to 2015 and 2016 to 2022). Delegations considered the report of the EIF Task Force that included a set of proposed recommendations for a third phase covering the period from 2025 to 2031.
    An experience-sharing session in the Sub-Committee on LDCs explored new pathways for LDC trade growth. United Nations Trade and Development (UNCTAD) presented its 2024 report “Leveraging carbon markets for development”. Capital-based officials from Bangladesh and The Gambia shared insights on accessing green investment and leveraging trade-related climate finance for strengthening the competitiveness and resilience of key export sectors, including textiles and agriculture. The European Union and the LDC Fund for the Global Environmental Facility shared examples of support offered to LDCs with a view to achieving sustainable development and  transitioning to net zero for greenhouse gas emissions.
    Aid for Trade
    At the Aid for Trade session of the Committee on Trade and Development on 17 June, members continued sharing experiences on trade policy and regulatory support. Capital-based officials from Canada, China, Japan and Lao PDR participated in the discussion.
    Members welcomed Canada’s Expert Deployment Mechanism for Trade and Development, implemented by Cowater International, which supports developing economies in defining negotiating positions and implementing trade agreements. Representatives from the Japan International Cooperation Agency (JICA) highlighted Japan’s “co-creation” approach, which involves collaboration with the private sector, civil society and other donors. It was also noted that the 9th Tokyo International Conference on African Development (TICAD 9) would be held in August 2025 in Yokohama, Japan, under the theme “Co-create innovative solutions with Africa”.
    China and Lao PDR shared   South-South cooperation initiatives, including efforts to improve quarantine capacity and trade readiness.  Investments in railway infrastructure between the two countries were also acknowledged. UNCTAD’s efforts in measuring South-South flows were highlighted.
    Members reviewed a communication from Australia and Barbados proposing a draft ministerial decision titled “Reinforcing members’ commitment to Aid for Trade”. The proposal, set against the backdrop of declining official development assistance, calls for stronger monitoring and evaluation mechanisms and the establishment of a digital platform on existing trade-related technical assistance and capacity building programmes.
    During the experience-sharing session, key trends and challenges in global value chain (GVC) integration for developing economies were explored. The Organisation for Economic Co-operation and Development (OECD) noted that global trade remains resilient, though uncertainty remains. Professor Juan Carlos Hallak, University of Buenos Aires, emphasized the importance of public-private sectoral roundtables in Latin America. He recommended a bottom-up approach that begins with trade facilitation and regulatory reforms before tackling more complex issues such as investment and technology.
    The Lowy Institute, Australia, highlighted Southeast Asia’s trade openness and manufacturing diversification, while stressing the need to boost services productivity and ease regulatory barriers. PrimeSilicon Technology showcased Bangladesh’s experience in supplying digitally delivered services in the semiconductor value chain. The B20, represented by Ms. Trudi Makhaya, outlined three policy priorities: restoring trust in multilateral trade, advancing African integration through the implementation of the African Continental Free Trade Area (AfCFTA), and promoting a climate-responsive trading system.
    Revitalizing trade and development work
    At the Committee on Trade and Development meeting on 18 June, the Secretariat presented a note on the implementation of the special and differential treatment provisions in the Agreement on Agriculture and the TRIPS Agreement. Members appreciated the Secretariat’s efforts in analysing special and differential treatment provisions. Members also explored how to revitalize trade and development deliberations.  Follow-up to the WTO Development Retreat was also discussed.
    Members   reviewed a communication from China titled “ Heightened Trade Turbulence and Responses from the WTO”. Other topics included the development aspects of the work programme on electronic commerce and duty-free, quota-free market access for LDCs. The Chair of the Committee on Trade and Development, Ambassador Mzukisi Qobo of South Africa, will consult members on a request by the co-convenors of the Investment Facilitation for Development Agreement to discuss progress made on the needs assessments under the WTO Committee on Trade and Development.
    Technical assistance
    The Secretariat presented the 2024 WTO Technical Assistance Report, highlighting four key results related to i) implementing WTO agreements; ii) accompanying new accessions; iii) advancing academic research; and iv) reaching out to various stakeholders. It was noted that in 2024 the Secretariat expanded its curriculum to include technical assistance activities on transparency in customs valuation and import licensing. As a result, 35 draft customs valuation notifications were received, with 22 circulated. The Secretariat also acknowledged technical assistance support to facilitate the WTO accessions of Comoros and Timor-Leste.
    On academic research, the WTO Chairs Programme saw a 13 per cent increase in WTO-related courses and a 16 per cent increase in trade-related research.  Five new universities joined the programme in 2024. However, due to budget constraints, the full potential of outreach activities to various stakeholders is yet to be fully explored.
    Members exchanged views on preparations for the next biennial WTO Technical Assistance and Training plan (2026 – 2027). The Secretariat provided an update on its ongoing work, including insights from beneficiaries. The Secretariat also highlighted that in view of limited resources, evolving approaches in the delivery of technical assistance and various funding scenarios were being considered going forward. Members welcomed the Secretariat’s efforts and expressed willingness to engage further in developing the WTO technical assistance plan.
    The next WTO Development Week is scheduled to take place from 17 to 19 November 2025.

    Share

    MIL OSI Global Banks –

    June 20, 2025
  • MIL-OSI Banking: Thales supports airspace sovereignty in Albania with Ground Master 400 Alpha surveillance radar

    Source: Thales Group

    Headline: Thales supports airspace sovereignty in Albania with Ground Master 400 Alpha surveillance radar

    In the presence of the French Minister of the Armed Forces, Sébastien Lecornu, and Albanian Defence Minister Pirro Vengu, Thales was selected as strategic industrial partner to support a short-delivery-time request to supply a combat-proven Ground Master 400 Alpha (GM400α) air surveillance radar.

    MIL OSI Global Banks –

    June 20, 2025
  • MIL-OSI Russia: SPIEF-2024: Integration of Education, Science and Business

    Translation. Region: Russian Federal

    Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

    The first day of the Polytechnic University at the Expoforum site during the St. Petersburg International Economic Forum was eventful. Rector of SPbPU Andrey Rudskoy took part in several events organized by the Ministry of Science and Higher Education, and also signed a number of cooperation agreements.

    In the morning, experts discussed the topic of personnel training to ensure technological leadership. Opening the session, Deputy Minister of Science and Higher Education Olga Petrova noted that one of the key steps taken to synchronize the personnel training process with the demands of industrial customers and taking into account the challenges associated with the reset of the geopolitical situation was the creation of advanced engineering schools. The Deputy Minister also mentioned the Priority 2030 program, which was reconfigured this year in the direction of technological leadership. And in all projects launched on January 1, 2025, special attention is paid to personnel training. Therefore, the key principles in the new model of higher education are fundamentality, practice-orientedness and flexibility, which allows for the formation of an optimal personnel training scheme in communication with industrial partners.

    Rector of SPbPU Andrey Rudskoy developed the topic, sharing the Polytechnic University’s experience in implementing practice-oriented learning, students completing real projects and R&D for industry, for which new educational technologies are used.

    “Each university has its own forms and formats of training that are closely related to the implementation of real industrial or technological tasks. The general public should know about this,” says Andrey Rudskoy. “The Ministry of Science and Higher Education has created a media activity rating, and it shows how a particular university works with different audiences, including future engineers or industrialists. I cannot help but note that Polytechnic University has been in the top three for the second year, including holding first place. We also won a grant from the ministry for the popularization of science, and I think that at the end of the year, a large work by our teachers, scientists, and colleagues from the industrial sector will be published, which will be called “Popularization of Digital Engineering Tools in the Activities of a Modern Engineering University within the Framework of the Concept of Achieving Technological Leadership in Russia.” A serious work, serious reviewers from the Academy of Sciences. Of course, we will send this book to all engineering universities so that they can learn something useful for themselves.”

    The discussion was also attended by Rector of the National Research Nuclear University MEPhI Vladimir Shevchenko, Vice-Rector for Science and Digital Development of Bauman Moscow State Technical University Pavel Drogovoz, Acting Rector of Tomsk Polytechnic University Leonid Sukhikh, Director of the Young Professionals Department of the Agency for Strategic Initiatives Alexander Vaino. The session was moderated by Vice-Rector of the National Research University Higher School of Economics Dmitry Zemtsov.

    The topic of interaction between universities and businesses was developed at the afternoon session “Cooperation between universities and industries to achieve technological leadership goals,” which was held by Andrey Sharonov, CEO of the National Alliance for Social and Environmental Responsibility, Corporate Governance and Sustainable Development and Chairman of the Supervisory Board of the Association of Digital Platforms.

    In order for Russia to achieve technological leadership and move to a modern system of higher education, it is necessary not only to reform the work of universities from within, but also to significantly strengthen their ties with the business community. The session participants discussed which forms of interaction between universities and businesses show the best results in strengthening the country’s technological potential; how partnerships with companies affect the level of professional training of students, the relevance of curricula, and graduates’ chances of finding a job; how to organize the productive participation of business representatives in the development of educational programs, the educational process, and students’ project activities; what role the state should play in the development and dissemination of effective models of interaction between universities and industry, etc.

    Deputy Minister of Science and Higher Education of the Russian Federation Dmitry Afanasyev named the principles of strategic reorientation. The first is focusing on state and industry priorities of technological development, the second is building a unique architecture of interaction with partners by universities. It is important to take into account that the work should be carried out for the future, including the creation of those industries and specialties that do not yet exist, but there is an understanding that they will be needed. It is necessary to reboot all key development programs, such as Priority 2030, PIS, Campus, etc. And, finally, this is a new model of higher education, which is being built in an active dialogue with employers, industrial partners and represents a single fundamental, professional and socio-ideological core with a real practice-oriented educational programs and early professionalization, immersion in real projects and tasks, while being flexible, with the ability to adjust educational programs and sets of competencies to the tasks of technological development of industries.

    SPbPU Rector Andrey Rudskoy, using the example of the Polytechnic University, showed that effective interaction with partner companies makes it possible to promptly update educational programs, making them as compliant as possible with the requirements of the modern labor market, and also contributes to the faster implementation of innovative developments.

    Ensuring technological leadership is a common task, and the university today is an active participant in this large-scale work, Andrey Ivanovich emphasized.

    The discussion was also attended by Olga Dergunova, Senior Vice President — Head of VTB-Education at VTB Bank, Director of the Graduate School of Management at St. Petersburg State University; Dmitry Zauers, Deputy Chairman of the Management Board at Gazprombank; Rostislav Kovalevsky, Director of Innovations at EFKO Management Company; Oleg Krestinin, CEO of METALLOINVEST Management Company; and Kirill Menshov, Senior Vice President, Head of the Technology Block at Sberbank.

    In addition to participating in panel discussions, the rector of SPbPU met with business partners at the St. Petersburg stand to conclude cooperation agreements. As the head of the university coordinating the activities of the consortium “Russian-African Network University” (RAFU), Andrey Rudskoy signed an agreement on the accession of the Institute of Africa of the Russian Academy of Sciences to RAFU. The agreement was also signed by the director of the Institute of Africa Irina Abramova.

    Currently, the consortium includes more than 90 Russian educational, scientific organizations and companies, and on the African side – 45 universities and organizations from 15 countries. The Institute of Africa’s accession to the consortium is very important, because it is focused specifically on working with African countries, studying their history, culture, and everyday life. I am confident that our new partner will make a significant contribution to a deeper understanding of this continent and the peoples inhabiting it, – commented Andrey Rudskoy.

    “It is a great honor for me to become a member of this network university, because Africa is, first and foremost, people. In 2100, 40 percent of the world’s population will live in Africa, which means that a lot will change, and we need to prepare for this now,” added Irina Abramova. “The most important thing is, what will the people who make up 40 percent of the population be like? First of all, they must be educated, they must be self-sufficient, but at the same time, they must preserve their culture and traditions. And it is precisely the preparation of such friendly elites who protect national interests and look to the future that the network university is engaged in.”

    At the St. Petersburg International Economic Forum, Andrey Rudskoy represents not only the Polytechnic University, but also the St. Petersburg Branch of the Russian Academy of Sciences, which he has headed since 2023. As Chairman of the St. Petersburg Branch of the Russian Academy of Sciences, he signed several cooperation agreements.

    The subject of the agreement with the Archival Committee of St. Petersburg was the establishment of partnership relations and the development of long-term and effective cooperation, which includes educational activities and the holding of popular science events.

    Andrey Rudskoy and the Chairman of the Archive Committee of St. Petersburg Pyotr Tishchenko agreed that the goal of cooperation would be to unite the efforts of the scientific and educational community to improve the scientific, educational and cultural level of the population of the Russian Federation; dissemination of knowledge about the history of Russia and its achievements, milestones in the development of the Russian Academy of Sciences; objective coverage of historical facts and events; development of scientific, educational and educational projects; holding joint cultural and educational events; popularization of domestic science; assistance in increasing the prestige of scientific activity, etc.

    After the signing ceremony, Andrey Rudskoy shared a secret: We are currently deciding on the creation of a museum of the history of the Russian Academy of Sciences on 5 University Embankment. And without the Central Archive, it will be difficult for us, because it contains a huge mass of documents that reflect the history of the Russian Academy of Sciences: personal files, letters of outstanding people, academics, travelers. I hope that we will creatively bring this project to life together.

    Pyotr Tishchenko said that on June 9, thanks to the help of scientists from the Institute of History, a decree from the founder of St. Petersburg, Peter the Great, on how to build in the Northern capital was discovered in the Central Archive.

    “Without a scientific basis, we will not be able to extract more benefit from the treasure that archives store,” the head of the Archives Committee believes. “But the most difficult thing is to capture our history in a world where digital has become a part of life as reliably as our predecessors preserved the memory of the past. Science should help build archives of the future and teach how to work in them using modern tools, so we are joining forces.”

    A cooperation agreement was also concluded between the St. Petersburg Branch of the Russian Academy of Sciences and the St. Petersburg Chamber of Commerce and Industry. The signing was attended by the Chairman of the St. Petersburg Branch of the Russian Academy of Sciences Andrey Rudskoy and the President of the St. Petersburg Chamber of Commerce and Industry Vladimir Katenev.

    The agreement provides for the development of a strategic partnership for the joint implementation of scientific, applied and innovative projects; assistance in bringing high-tech solutions developed on the basis of the Russian Academy of Sciences to the market; the formation of a sustainable ecosystem of interaction between science, industry, business support institutions and education; support for the export potential of science-intensive products and competencies; the development of mechanisms for certification, independent assessment and promotion of scientific results; joint training and retraining of specialists taking into account modern industrial requirements and technological trends.

    The partners hope that the cooperation will contribute to strengthening the interaction between science and business, developing innovative and technological cooperation, popularizing the results of scientific activity and supporting entrepreneurship.

    “The Chamber of Commerce and Industry unites all the leading enterprises of St. Petersburg, it is at the forefront of all projects that are being implemented in the industry and economy of our city,” Andrey Rudskoy noted after the signing. “And, of course, this is of utmost importance to us, because I am sure that our science in symbiosis with enterprises, in addition to the fundamental, has great practical significance. Most importantly, we are faced with a colossal task – to achieve technological leadership, and here we must jointly make every effort.”

    “Maybe I’ll say it pragmatically, but our task is to monetize the achievements that exist in our big science, so that it doesn’t turn out like in the story of Lefty, who shoed a flea, and that’s where the business ended,” Vladimir Katenyov supported. “We must bring the achievements of science to the people, to our industry, we really value this cooperation and will work with great pleasure.”

    The work at the stand ended with the signing of a trilateral cooperation agreement between the St. Petersburg branch of the Russian Academy of Sciences, OOO Expert Analytics Center and Vedomosti Newspaper in the Northwestern Federal District.

    The documents were signed by the Chairman of the St. Petersburg Branch of the Russian Academy of Sciences Andrey Rudskoy, the General Director of the Expert Analytics Center Kristina Muravyova and the Director of the Vedomosti Newspaper in the Northwestern Federal District Alexander Shchelkanov.

    The ceremony participants confirmed their desire to improve the quality and depth of scientific and analytical research, expand areas and directions of cooperation, create intra-Russian scientific collaborations, and support joint projects, competitions, and awards.

    “For us, the analysis of the activities of academic institutes is very important, this will allow them to find partners from among enterprises, on the basis of which they could realize their interests,” commented Andrey Rudskoy. “The second point is that we are interested in international activities. Here we must be careful, but, on the other hand, expand contacts between organizations. And the third, of course, is the popularization of science.”

    “The TechUspekh award is already successfully operating at the federal level, and we would like to hold it in the regions as well,” Aleksandr Shchelkanov supported. “Our format is to popularize technologies, investments, what is interesting to the business audience, but we need to strengthen expertise. That is why we have had the Opinion Leader award for two years now, and I think that an entire nomination will be dedicated to science, and it will be possible to compete in a fair and competitive struggle, because both readers and the expert community vote.”

    “In addition to information support, we will be directly involved in scientific and analytical work,” Kristina Muravyova revealed the details of the cooperation. “Working with RAS academicians gives us the opportunity to apply real research in big science in practice and show businesses that innovations can be quickly applied and it is not necessary to wedge in only at the stage when you can make a profit from it, but sometimes it is profitable to stand at the origins of fundamental research in order to be ahead of the rest of the world. And given that technological progress is now moving at a rapid pace, we hope that the combination of academicians’ expertise in fundamental science and experts with deep industry knowledge will allow the academy to participate, among other things, in monitoring the formation of routing maps for project implementation at all stages, including investment and commissioning. In order to understand whether it is worth launching a project or not, such an expert association, in our opinion, will be as comfortable as possible for both business and the state. And here the academy takes on the main role in order to be a guarantor of security.”

    Read about other events of SPIEF-2025 in our next publications.

    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 –

    June 20, 2025
  • MIL-OSI USA: SPC Jun 20, 2025 0600 UTC Day 2 Convective Outlook

    Source: US National Oceanic and Atmospheric Administration

    SPC AC 200604

    Day 2 Convective Outlook
    NWS Storm Prediction Center Norman OK
    0104 AM CDT Fri Jun 20 2025

    Valid 211200Z – 221200Z

    …THERE IS A SLIGHT RISK OF SEVERE THUNDERSTORMS FOR PARTS OF THE
    NORTHERN GREAT LAKES INTO NY AND NORTHERN PA…

    …SUMMARY…
    Strong to locally severe storms are possible Saturday from the
    northern Great Plains into the Upper Midwest and Great Lakes.

    …Synopsis…
    A deep mid/upper-level trough will move gradually eastward across
    the western CONUS on Saturday, as an embedded shortwave trough moves
    from parts ID/MT into the Canadian Prairies. A surface low initially
    over the northern Plains is forecast to move northeast through the
    day, with a secondary surface low expected to develop along a cold
    front across the central High Plains during the evening.

    Downstream, a mid/upper-level shortwave trough (possibly augmented
    by D1/Friday MCS development) is generally forecast to move from the
    northern Great Lakes toward New England.

    …Great Lakes into the Northeast…
    An MCS will likely be ongoing Saturday morning across parts of the
    northern Great Lakes, with other areas of elevated convection
    possible farther south across lower MI. While there is some
    uncertainty regarding MCS timing, some damaging-wind and hail threat
    would accompany this system and any other robust morning convection
    before spreading into Ontario.

    The convectively augmented shortwave trough associated with the
    potential MCS may continue to impinge upon the northeast periphery
    of an expanding instability reservoir. Even if the morning MCS
    weakens or stays in Canada, strong to potentially severe storms may
    spread southward out of Ontario into the lower Great Lakes region,
    and/or develop within a low-level warm advection regime. Damaging
    winds may be the most common hazard, though low-level shear/SRH may
    become sufficient for a localized tornado threat as well. Convection
    may continue into late Saturday night with at least an isolated
    severe threat.

    Farther west, there is some potential for isolated storm development
    during the afternoon/evening across the northern Great Lakes
    vicinity, within a conditionally favorable environment. However,
    with large-scale ascent expected to remain rather nebulous in the
    wake of the departing MCS and shortwave trough, confidence is
    currently low regarding this scenario.

    …Northern Plains into the Upper Midwest…
    While there is some lingering uncertainty regarding the influence of
    D1/Friday convection, strong to extreme buoyancy is likely to again
    develop across parts of the northern Plains and Upper Midwest, along
    and east of the cold front. However, very warm temperatures aloft
    and generally weak large-scale ascent may tend to suppress storm
    development across much of the strongly unstable warm sector. Strong
    heating could support isolated development across parts of
    NE/SD/eastern ND into northern MN near the surface low and front,
    which would conditionally pose a severe threat given the favorable
    parameter space.

    Farther northwest, guidance continues to vary regarding the
    magnitude of instability from eastern MT/northern WY into the
    western Dakotas. Strong morning convection will be possible across
    eastern MT, and some redevelopment may occur during the
    afternoon/evening, depending on the extent to which the departing MT
    shortwave trough can impinge upon favorable instability. A supercell
    or two will be possible, with a localized threat for all severe
    hazards.

    ..Dean.. 06/20/2025

    CLICK TO GET WUUS02 PTSDY2 PRODUCT

    NOTE: THE NEXT DAY 2 OUTLOOK IS SCHEDULED BY 1730Z

    MIL OSI USA News –

    June 20, 2025
  • MIL-OSI: Angus Shareholders Approve Arrangement With Wesdome

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 20, 2025 (GLOBE NEWSWIRE) — Angus Gold Inc. (TSX-V: GUS, OTC: ANGVF) (“Angus” or the “Company”) is pleased to announce that its shareholders (the “Shareholders”) have approved the resolution required to consummate the previously announced statutory arrangement under the Business Corporations Act (Ontario) (the “Transaction”) with Wesdome Gold Mines Ltd. (“Wesdome”). At Angus’ special meeting of Shareholders held on June 19, 2025 (the “Meeting”), the resolutions supporting the Transaction were approved by approximately 99.8% of the votes cast by Shareholders present or represented by proxy at the Meeting.

    Voting Results

    The following is a detailed breakdown of the voting results of the Meeting:

    Shareholder vote:

    Total Common Share Eligible to be Voted 60,331,050
    Common Shares Voted Total (%) 43,241,013 (71.67%)
    Total Shares Voted FOR Arrangement Resolution 43,172,113
    Percent of Shares Voted FOR Arrangement Resolution 99.84%


    Shareholder vote, excluding votes attached to shares held by Wesdome, Patrick Langlois and Dennis Peterson which are required to be excluded pursuant to Multilateral Instrument 61-101
    – Protection of Minority Security Holders in Special Transactions:

    Total Common Share Eligible to be Voted 48,656,050(1)
    Common Shares Voted Total (%) 31,566,013 (64.88%)
    Total Shares Voted FOR Arrangement Resolution 31,497,113
    Percent of Shares Voted FOR Arrangement Resolution 99.78%

    Note:
              (1)   For more information on excluded votes, refer to the Company’s press release dated June 2, 2025.

    Anticipated Timeline for Completion of the Transaction

    With Shareholder approval, Angus will seek a final order from the Ontario Superior Court of Justice (“Court”) to approve the plan of arrangement expected to be held on June 25, 2025. The Transaction remains subject to final court approval and the satisfaction of certain other customary closing conditions for transactions of this nature. The Transaction is expected to close on or about June 27, 2025.

    At closing, each Angus Shareholder (other than any dissenting Angus Shareholders and Wesdome) will receive 0.0096 of a Wesdome common share and $0.62 in cash for each Angus common share held. Following the completion of the Transaction at the end of June, Angus will become a wholly-owned subsidiary of Wesdome.

    Further Information

    For further information regarding the Transaction, please refer to the management information circular dated May 7, 2025, which is filed under the Company’s profile on SEDAR+ (www.sedarplus.ca).

    About Angus Gold

    Angus is a Canadian mineral exploration company focused on the acquisition, exploration, and development of highly prospective gold properties. The Company’s flagship project, which is the Golden Sky Project near Wawa, Ontario, is situated immediately adjacent to Wesdome’s Eagle River mine.

    Contacts    
         
    Breanne Beh   Lindsay Dunlop
    President and CEO   Vice President, Investor Relations
    Phone: +1.807.356.6330   Phone: +1.647.259.1790
    Email: bbeh@angusgold.com   Email: info@angusgold.com
         

    Forward-Looking Statements

    This news release contains “forward-looking information” which may include, but is not limited to, statements with respect to the future financial and operating performance of the Company and its projects. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Forward-looking statements contained herein are made as of the date of this press release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.

    Forward-looking statements or information contained in this press release include, but are not limited to, statements or information with respect to: (i) the consummation and timing of the Transaction, (ii) the satisfaction of the conditions precedent to the Transaction, (iii) expectations regarding the timing, receipt and anticipated effects of court approval and other consents and approvals (including receipt of all applicable stock exchange approvals), (iv) the impact of the Transaction on Angus, Wesdome and their respective shareholders and other stakeholders, and (v) expectations for other economic, business, and/or competitive factors.

    Furthermore, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or information. These risks, uncertainties and other factors including those risk factors discussed in the sections titled “Cautionary Note Regarding Forward Looking Information” and “Risks and Uncertainties” in the Company’s most recent Annual Information Form. Readers are urged to carefully review the detailed risk discussion in our most recent Annual Information Form which is available on SEDAR+ and on the Company’s website.

    The MIL Network –

    June 20, 2025
  • MIL-OSI NGOs: 8 out of 10 Indian support taxing oil and gas corporations to pay for climate damages, global survey finds 

    Source: Greenpeace Statement –

    New Delhi, 19 June 2025 – A global survey shows a strong support for holding fossil fuel companies accountable for environmental damage. 80% Indian respondents believe the fossil fuel corporations should be taxed for environmental damage they cause.  The data from the survey reflects a growing public consensus that the industries driving the climate crisis should be held financially accountable for the destruction they caused. 

    A remarkable 86% of people support government spending on climate disaster relief–provided it is funded by tax on coal, oil, and gas polluters. Notably, 89% of BJP supporters and 82% of Congress (INC) supporters agree on the need to increase taxes on oil and gas corporations to support those hit hardest by extreme weather events, highlighting rare cross-party unity on climate accountability.   

    The study, jointly commissioned by Greenpeace International and Oxfam International, was launched today at the UN Climate Meetings in Bonn (SB62), where government representatives are discussing climate policies, including ways to mobilise at least US$ 1.3 trillion annually in climate finance for Global South countries by 2035. The survey was conducted across 13 countries, including most G7 countries. 

    Selomi Garnaik, Climate and Energy Campaigner at Greenpeace India said: “Communities in developing countries are paying the price for a crisis they did not cause, while fossil fuel companies continue to profit. The science is clear—over a century of burning coal, oil, and gas has fueled the climate damage we face today. This new survey reveals strong public support for making polluters pay. As we head into COP30, governments have a clear public mandate to act- stand with the people, not the polluters, and make fossil fuel companies pay for the harm they have caused.”

    The study, run by Dynata, was unveiled alongside the Polluters Pay Pact, a global alliance of communities on the frontlines of climate disasters. The Pact demands that governments make oil, gas and coal corporations – not the people – pay their fair share for the damages they cause, through the introduction of new taxes and fines.

    The Pact is backed by firefighters and other first responders, trade unions and worker groups, and mayors from countries including Australia, Brazil, Bangladesh, India, the Philippines, Sri Lanka, Nigeria, and South Africa, the US, and plaintiffs in landmark climate cases from Pacific island states to Switzerland.

    The Pact is also supported by over 60 NGOs, including Oxfam International, 350.org, Avaaz, Islamic Relief UK, Asociación Interamericana para la Defensa del Ambiente (AIDA), Indian Hawkers Alliance, Pacific Islands Students Fighting Climate Change, Jubilee Australia and the Greenpeace network.

    The survey’s findings published today reveal broad public support for the core demands of the Polluters Pay Pact, as climate impacts worsen worldwide and global inequality grows.

    Key findings of the survey include:

    • 81% of people surveyed globally would support taxes on the oil, gas, and coal industry to pay for damages caused by fossil-fuel driven climate disasters like storms, floods, droughts and wildfires. 
    • 87% of people surveyed in India support channeling revenues from higher taxes on oil and gas corporations towards communities most impacted by the climate crisis. Climate change is disproportionately hitting people in Global South countries, who are historically least responsible for greenhouse gas emissions. 
    • 68% of people surveyed globally felt that the fossil fuel industry and the super-rich had a negative influence on politics in their country. 77% say they would be more willing to support a political candidate who prioritises taxing the super-rich and the fossil fuel industry. 

    Amitabh Behar, Executive Director of Oxfam International, said: “Fossil fuel companies have known for decades about the damage their polluting products wreak on humanity. Corporations continue to cash in on climate devastation, and their profiteering destroys the lives and livelihoods of millions of women, men and children, predominantly those in the Global South who have done the least to cause the climate crisis. Governments must listen to their people and hold polluters responsible for their damages. A new tax on polluting industries could provide immediate and significant support to climate-vulnerable countries, and finally incentivise investment in renewables and a just transition.” 

    The Polluters Pay Pact demonstrates popular support for the campaign to make polluters pay. The campaign is being waged throughout 2025 in countries worldwide and in critical international forums, including the 4th International Conference on Financing for Development (FFD4), the UN Climate Change Conference (COP30), and negotiations for a UN tax convention that could include new rules to make multinational oil and gas companies pay their fair share for their pollution.

    ENDS

    Notes:

    [1] The research was conducted by first-party data company Dynata in May-June, 2025, in Brazil, Canada, France, Germany, Kenya, Italy, India, Mexico, the Philippines, South Africa, Spain, the UK and the US, with approximately 1200 respondents in each country and a theoretical margin of error of approximately 2.83%. Together, these countries represent close to half the world’s population. Statistics available here. 

    Additional background information available here.

    [2] Learn more about the Polluters Pay Pact: polluterspaypact.org

    [3] Additional quotes here from people around the world who are backing the Polluters Pay Pact, including first responders, local administration, youth, union representatives and people bringing climate cases to courts. 

    Contacts: 

    For Greenpeace India:
    Nibedita Saha, Media Officer, [email protected]

     For Greenpeace International: 

    Tal Harris, Greenpeace International, Global Media Lead – Stop Drilling Start Paying campaign, [email protected], +41-782530550

    MIL OSI NGO –

    June 20, 2025
  • MIL-OSI Europe: Written question – Appointment of former President of the European Council Charles Michel as Distinguished Professor at the China Europe International Business School (CEIBS) – E-002399/2025

    Source: European Parliament

    Question for written answer  E-002399/2025/rev.1
    to the Council
    Rule 144
    Marieke Ehlers (PfE), Sebastian Kruis (PfE)

    On 8 May 2025, former President of the European Council Charles Michel was officially appointed Distinguished Professor at the China Europe International Business School (CEIBS), a university that is established and managed by the Chinese Ministry of Commerce, and therefore falls under the influence of the Chinese Communist Party.

    Unlike former European Commissioners, a former president of the European Council is not subject to a ‘cooling-off period’, but merely needs the approval of their successor. According to media reports, President Costa approved the appointment without consulting or even informing the Council of his decision.

    • 1.Can the Council confirm that it was neither consulted nor informed about this sensitive appointment, especially in times of escalating trade tensions with China?
    • 2.Even though cooling-off periods do not apply to former presidents of the European Council, is this appointment not detrimental to the reputation of the Council and its commitment to human rights, the rule of law and de-risking and decoupling from China?
    • 3.Why does the Council not impose cooling-off periods on former presidents of the European Council, by analogy with the rules applicable to European Commissioners?

    Submitted: 13.6.2025

    Last updated: 20 June 2025

    MIL OSI Europe News –

    June 20, 2025
  • MIL-OSI Europe: EIB Group increases 2025 financing ceiling to record €100 billion to step up investments in security and defence, energy grids and Europe’s tech leadership

    Source: European Investment Bank

    • The 27 Member States endorse plan to increase new financing to record of up to €100 billion in 2025.
    • Revised ceiling includes 3.5% of total financing for European security and defence. EIB Board also approves landmark project for construction of military base in Lithuania.
    • EIB Group shareholders launch largest EU programme to fund Europe’s technological leadership and approve first wave of new instruments to support cleantech.
    • EIF Board approves deal with German Export Credit Agency to provide a pan-European guarantee for companies trading with Ukraine.

    The shareholders of the European Investment Bank (EIB) Group, the EU Member States, approved a record-high financing ceiling of €100 billion for this year and new programmes to strengthen Europe’s competitiveness, technological leadership and security.

    The EIB Board of Governors, made up of European Union Finance Ministers, endorsed the 2025 financing ceiling at a meeting today in Luxembourg. The Boards of Directors of the EIB and of the European Investment Fund (EIF) gave the green light earlier this week to the increase in financing for security and defence, energy grids and the new TechEU programme to boost Europe’s technological leadership. They also approved flagship projects including to support Ukraine’s economy and the construction of a major military base in Lithuania.

    “The unanimous support of our shareholders, the 27 Member States, for our proposals to provide record financing for defence, energy security and tech leadership, shows the key role of the EIB Group to support Europe’s strategic priorities,” said EIB Group President Nadia Calviño. “In a world where everything everywhere is changing all at once, the EU is a beacon of clarity, confidence and stability.”

    The EIB Group’s new 2025 financing ceiling of €100 billion follows a mid-year review of the organisation’s operational plan, which includes an increase to 3.5% of total financing for the European security and defence sector, record financing of more than €11 billion for power grids and storage in Europe, and greater support for EU technological and industrial innovation.

    TechEU programme

    The EIB Group is launching the EU’s largest financing programme to date in support of innovation and tech leadership to attract talent, capital and investment in Europe. TechEU will provide €70 billion in EIB Group equity, quasi-equity, loans and guarantees in 2025-2027 and crowd in private capital to generate at least €250 billion in investments.

    TechEU is complementing the “Startup and Scaleup Strategy” of the European Commission to support higher risk projects and innovative companies throughout their investment journey.  

    TechEU provides more support for supercomputing, artificial intelligence, digital infrastructure, critical raw materials, green industries such as offshore wind, health, security and defence technologies, robotics and advanced materials. It will target innovative companies at every stage of their development – from initial ideas to stock listings.

    Clean Industrial Deal

    The EIB Board has also approved the first wave of instruments under TechEU to support Europe’s leadership in cleantech, in line with the EU Clean Industrial Deal, including the reinforcement of cross guarantees for wind energy production, and three new instruments to strengthen Europe’s competitiveness:

    • A €1.5 billion package to provide counter-guarantees through partner banks to grid component manufacturers to ensure sustainable supply, giving companies greater certainty to ramp up production of electricity networks across Europe. This will facilitate the integration of renewable energy into the grid and the delivery of affordable power to EU businesses and households. 
    •  To help ensure predictable and affordable energy costs for businesses and accelerate investments in green energy, the EIB and European Commission are launching a €500 million pilot programme to support the take-up of more corporate power purchase agreements (PPAs). The EIB will counter-guarantee, through partner banks, part of the PPAs undertaken by mid-sized as well as larger energy-intensive companies for the long-term purchase of electricity generation from clean sources.
    • To provide liquidity and working capital for highly innovative small and medium-sized enterprises active in developing green technologies, the EIB and Commission are launching a €250 million CleantechEU guarantee scheme.
    • A €1.5 billion top-up to a successful EIB programme supporting European wind turbine and component manufacturers.

    New chairs

    Czech Finance Minister Zbyněk Stanjura will take over as new chair of the Board of Governors for one year with immediate effect.  

    “The EIB has a key role in supporting European priorities from defence to energy security or affordable housing,” said Czech Finance Minister Zbyněk Stanjura. “I am delighted to take over the chair of the Board of Governors. I look forward to working closely with President Calviño and other EU Finance Ministers to support the EIB, as it steps up its activities to help tackle the many challenges Europe is facing.”

    “The EIB has impressively demonstrated its ability to support European objectives in an increasingly complex geopolitical environment and to effectively fulfil its increasing responsibilities in support of security and defence, green and digital transitions and economic growth in Europe, while safeguarding bank’s operational and financial position,” said Bulgarian Finance Minister Temenuzhka Petkova, who chaired the Board of Governors during the past 12 months. “I would like to express my appreciation to President Calviño, the institution and send my best wishes to the new chair, my dear colleague Zbyněk Stanjura.”

    The Board of Governors also welcomed Katja Pluto as new chair of the Audit Committee, succeeding Nuno Gracias Fernandes. In addition, the Audit Committee presented its annual report.

    Energy security, defence and global partnerships

    Before the Board of Governors, this week’s EIB and EIF Boards of Directors approved new operations totalling €12.8 billion to strengthen Europe’s defence capabilities, competitiveness, energy security and partnerships worldwide. This includes initiatives under the EIB Group Clean Industrial Deal package and support for the development in Lithuania of the Rūdninkai military base, for the German Bundeswehr brigade, a key project to enhance North Atlantic Treaty Organization (NATO) operations and regional security.

    The EIB Board approved three solar photovoltaic plants in Romania, water infrastructure in Ireland and the Netherlands, electricity grids in Germany and education facilities in Finland. In addition, the EIB is strengthening Europe’s global partnerships by backing renewable energy in Colombia, sustainable waterway transport in Nigeria and water sanitation services in Tanzania.

    The European Investment Fund (EIF) Board approved a guarantee transaction with the German national export credit agency to strengthen support for German companies exporting to Ukraine, as well as two guarantee transactions with Ukrainian banks to improve access to finance for more than 1,500 Ukrainian businesses. This follows the first signature in May with the Danish Export Credit Agency to provide a pan-European guarantee for companies exporting to Ukraine.

    In addition, the EIF approved investments in four infrastructure funds that will support greenfield data centres, wireless and fibre investments, decarbonization of the shipping sector, sustainable mobility, and student housing.

    Statements around the EIB Board of Governors will be available on EBS.

    Background information  

    The European Investment Bank (ElB) is the long-term lending institution of the European Union, owned by its Member States. The EIB finances investments in eight core priorities that support EU policy objectives: climate action and the environment, digitalisation and technological innovation, security and defence, cohesion, agriculture and the bioeconomy, social infrastructure, the capital markets union and a stronger Europe in a more peaceful and prosperous world.   

    The EIB Group, which also includes the European Investment Fund (EIF), signed nearly €89 billion in new financing for over 900 high-impact projects in 2024, boosting Europe’s competitiveness and security.     

    By fostering market integration and mobilising investment, the Group supported a record of over €100 billion in new investment for Europe’s energy security in 2024 and mobilised €110 billion in growth capital for startups, scale-ups and European pioneers. Approximately half of the EIB’s financing within the EU targets cohesion regions, where per-capita income is below the EU average, while almost 60% of annual EIB Group investments supports climate action and environmental sustainability. 

    High-quality, up-to-date photos of the organisation’s headquarters for media use are available here.  

    MIL OSI Europe News –

    June 20, 2025
  • MIL-OSI Europe: Written question – Steel policy – E-002330/2025

    Source: European Parliament

    Question for written answer  E-002330/2025
    to the Commission
    Rule 144
    Fernand Kartheiser (NI)

    On 7 May 2018, the Commission approved the acquisition of ILVA by ArcelorMittal, provided that ArcelorMittal sold a number of its sites, including one in Luxembourg. The Luxembourg site was then taken over by LIBERTY Steel, which went bankrupt a few years later.

    Recently, a Turkish group that was interested in taking over the site decided not to go ahead after all, citing the safeguards on imports of steel products from third countries and the EU’s decision to cut import quotas, as those conditions would limit the group’s opportunities to secure supplies from Türkiye and Algeria.

    As a result, more than 130 jobs are on the line.

    • 1.What lessons has the Commission drawn from the problems caused by its decision to force ArcelorMittal to sell off some of its sites, and would it take the same decision today?
    • 2.How does the Commission intend to protect European industry if restrictive measures limit foreign investors’ access to the internal market?
    • 3.Shouldn’t the Commission reassess the balance of its policy, which, on the one hand, aims to protect the European market against excessive exports from certain third countries, but on the other hand is preventing investment that is crucial for the survival of some of our companies?

    Submitted: 11.6.2025

    Last updated: 20 June 2025

    MIL OSI Europe News –

    June 20, 2025
  • MIL-OSI Banking: RM of BTS Debuts as Samsung Electronics’ Art TV Global Ambassador at Art Basel in Basel 2025

    Source: Samsung

    Samsung Electronics announced that RM of 21st century pop icons BTS has been named the new global ambassador for Samsung Art TVs earlier this week. RM joined Samsung at Art Basel in Basel 2025 to celebrate creativity, share his passion for art and spotlight how Samsung Art TVs and Samsung Art Store are making curated art experiences more accessible than ever before.
     
    
    ▲ RM’s interview at Samsung ArtCube during Art Basel in Basel 2025
     

    ▲ RM admires artwork by Kun-Yong Lee.

     

    ▲ RM engages with a piece by Basim Magdy.

     

    ▲ RM stops to look at artwork inside ArtCube.

     

    ▲ RM checks out a piece on display at ArtCube.

     
    As an artist, collector and cultural voice, RM has long expressed his love for visual art — often sharing museum visits, artist insights and his own growing collection with the global audience. At Samsung’s ArtCube lounge, he reflected on what it means to live with art in a digital age, why accessibility matters and how technology is opening new doors for global discovery.
     

    ▲ RM participates in a talk session at Art Basel in Basel 2025.

     
     
    Art, Technology and the Everyday
    “When I connect with a piece of art, it’s like having a silent conversation,” said RM. “Samsung Art TV lets those conversations happen anywhere. It makes it easier for people to discover artists, reflect on their own emotions and build a personal connection with the art they choose to live with.”
     
    Known for his thoughtful approach to art and culture, RM took the opportunity to share his personal reflections. He spoke about how art has influenced his worldview and how platforms like Samsung Art TV offer an opportunity for everyone to make art a part of their daily lives.
     

    ▲ RM views the artwork on display inside ArtCube.

     

    ▲ RM snaps a photo inside ArtCube.

     

    ▲ RM creates a personalized selfie in the artistic style of Marc Dennis.

     

    ▲ RM reflects on artwork by Kun-Yong Lee.

     

    ▲ RM observes a piece by Kun-Yong Lee.

     
    Through the Samsung Art TV’s expansive discovery features and curated collections, RM shared that he’s been exposed to a wider world of creativity — sparking curiosity and reshaping how he thinks about visual culture. He reflected on how digital platforms like Samsung Art Store are helping viewers break out of their comfort zones and pre-set tastes shaped by algorithms.
     
    “Every space has a mood,” RM shared during the talk session. “And sometimes a single artwork or a frame can shift that feeling. I love that Samsung Art TV gives people the freedom to discover and live with art in a way that fits their everyday rhythm.”
     
    A Personal Vision for the Future    
    RM also confirmed he is actively searching for a physical space to house his growing collection, an idea he’s hinted at in previous interviews. This gallery, he explained, would be rooted in a desire to connect East and West, past and present as well as personality and universality.
     
    “I want to bring everything together into one space,” he said. “Maybe I’ll call it ‘rkive’ like my Instagram. It won’t be easy, but I want to try.”
     

    ▲ RM shares his thoughts on art during a talk session held at Art Basel in Basel 2025.

     
    He expressed hope that, one day, his collection could be shared digitally through Samsung Art TV, reaching people around the world — especially those who can’t visit museums or galleries. “Unless you live in Seoul, it’s not easy to access museums or galleries to experience art in Korea.” He added that it would be great to have an ‘art bridge’ through Samsung Art TV one day, that would allow someone to “press a button and be led into a new world of art.”
     
     
    Reimagining Art for Everyone
    Samsung’s partnership with RM is rooted in a shared belief that technology can be a bridge to meaningful experiences. Whether it’s discovering a new artist, reinterpreting a classic or simply finding beauty in a quiet moment, Samsung Art TVs bring emotional and artistic depth to any space.
     
    “RM’s sincerity and influence make him a natural partner for Samsung Art TV,” said Sofia Monteiro, Curator at Samsung Art Store Europe. “He’s someone who doesn’t just appreciate art — he lives with it. And that reflects exactly what our platform is all about.”
     
    
    ▲ “Talk With RM” at Art Basel in Basel
     
    Through Samsung Art TVs, Samsung continues to redefine how people connect with art, turning walls into ever-evolving canvases and living spaces into curated galleries.
     
     
    RM and Samsung Invite the World To Live With Art
    As Samsung’s Art TV ambassador, RM continues to champion a more personal connection to art, design and culture. His partnership encourages art lovers everywhere to see creativity not as something reserved just for galleries but as something to bring into everyday life.
     
     
    About RM of BTS
    RM (Kim, Namjun) is a South Korean rapper, songwriter, music producer and leader of 21st century pop icons BTS. His discography includes solo mixtapes “RM” (March 2015) and “mono.” (October 2018), as well as solo albums “Indigo” (December 2022) and “Right Place, Wrong Person” (May 2024), which showcase his remarkable versatility across genres. As a creative powerhouse and avid art enthusiast, RM is renowned for crafting profound lyrics often inspired by various art forms. His flexible and philosophical approach to music and ability to push creative boundaries with cutting-edge collaborations has led him to work with a diverse range of artists, including Erykah Badu, Anderson .Paak, Lil Nas X, HONNE, Mahalia and more. On May 24, 2024, RM released his critically-acclaimed second solo album “Right Place, Wrong Person.”

    MIL OSI Global Banks –

    June 20, 2025
  • MIL-OSI United Kingdom: Scottish HealthTech delegation heads to Japan

    Source: Scottish Government

    Promoting Scotland’s innovation and international partnerships in health technology.

    A delegation from Scotland’s world-leading health technology sector, led by Health Secretary Neil Gray, will visit Japan next week to strengthen trade and innovation ties and promote Scottish expertise on the global stage.

    The trade mission will showcase Scotland’s strengths in digital health and life sciences at a series of events, including Japan Health 2025 in Osaka and a programme at the UK Pavilion at Expo 2025.

    Organised by the Scottish Government and Scottish Enterprise, the visit aims to raise international awareness of Scotland’s health innovation ecosystem, build long-term relationships with Japanese industry partners, encourage inward investment and share best practice in global healthcare collaboration.

    Scotland has a long history of medical innovation – from the invention of the hypodermic syringe to pioneering the use of artificial intelligence in diagnostics. Today, the country is home to one of Europe’s most dynamic life sciences clusters, driven by collaboration between government, academia, and industry.

    As part of the mission, the Scottish delegation will visit Canon Medical Systems Inc. in Tokyo – a key partner in Scotland’s growing medtech network – to explore opportunities for deeper technical cooperation. The visit will also feature panel discussions and networking events at the British Embassy in Tokyo and the UK Pavilion at Expo 2025, showcasing Scotland as a strategic partner in global health innovation.

    Health Secretary Neil Gray said:

    “Scotland has earned a strong international reputation for pioneering health technologies that improve outcomes and enhance care.

    “This trade mission is an opportunity to demonstrate our strengths to new audiences, deepen our relationships with Japanese innovators and investors, and share how Scotland’s integrated approach to healthcare and innovation is delivering real-world benefits. By supporting Scotland’s healthcare innovation sector we can help to encourage the kind of technologies that will ultimately benefit patients in Scotland.

    “Strengthening international partnerships like this supports economic growth, attracts inward investment and jobs, and ultimately helps us tackle some of the biggest challenges facing health systems at home and across the world.”

    Managing Director of International Operations at Scottish Enterprise, Reuben Aitken said:

    “Life sciences and healthtech generate over £10 billion annually for the Scottish economy and international events such as Expo 2025 provide opportunities for trade, export, and collaboration across these key industries. The companies heading to Japan are at the forefront of their fields in medical devices, AI and robotics. They are exhibiting their products and connecting with new markets in Japan. Our analysis from our previous Expo 2025 trade mission has forecast sales worth over £7 million and here at Scottish Enterprise we’re continuing to back ambitious companies to internationalise.”

    Managing Director of Talking Mats Ltd, Margo Mackay said:

    “Talking Mats Ltd is delighted to be travelling to Japan with the support of Scottish Enterprise and the Scottish Government. We look forward to extending our partnership with SDM Japan; networking with peers in healthtech and forging wider connections at Expo and Japan Health. Talking Mats’ ambition is to grow our community internationally and supply innovative solutions to support our vision of accessible and inclusive communication for all. We see Asia as a key market for expansion.”

    Background

    Key engagements in Mr Gray’s programme will include:

    • Leading Scotland’s presence at Expo Osaka:
      • Delivering a keynote speech on ‘Scotland’s health system and legacy of innovation’
      • Sitting as a panellist on ‘bridging innovation between Japan and Scotland – a collaborative future’
      • Chairing a company pitching session
      • Hosting a networking reception
    • Visit to Canon Medical Systems Inc.
    • Meeting the Japanese Ministry of Health to discuss the shared challenges of caring for a growing ageing population and understand possible areas for collaboration.
    • A keynote address at Japan Health on Scotland’s health system overview and Scotland’s legacy on innovation
    • A keynote address at the Global Healthcare Challenge on health longevity society in Scotland

    The healthtech mission follows the first ‘Scotland Day’ in April, when a delegation of companies from the gaming and consumer industries took part in Expo 2025 Japan organised by Scottish Enterprise and Scottish Government on the UK Pavilion. This activity helped Scottish companies access new markets, strengthen trading relationships and build international networks. Feedback from the gaming start-ups was positive as they were able to explore new markets in Japan and generate new business leads with early data from consumer-focused companies forecasting sales of over £7 million. A third event, focusing on offshore wind, will take place in September.

    Further information on Scotland’s healthtech presence at Expo.

    MIL OSI United Kingdom –

    June 20, 2025
  • MIL-OSI Russia: Direct flights between Russia’s Vladivostok and China’s Shenyang to be launched in July

    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

    Vladivostok, June 20 /Xinhua/ — Chinese airline Chengdu Airlines will launch a direct flight from Vladivostok to Shenyang in July, the Russian city’s international airport announced on its website on Friday.

    Regular flights from Vladivostok to Shenyang will be operated from July 5, 2025. The route will be operated by an Airbus 320 aircraft with a capacity of 180 seats. The flight time between the two cities is only 1.5 hours. Flights are scheduled twice a week on Wednesdays and Saturdays.

    According to Alexander Bobrov, Director of Aviation Commerce at Vladivostok International Airport, Chengdu Airlines flights on the new route will provide access to an attractive tourist destination. The flight program has been expanded with a new popular route to one of the largest cities in Northeast China. –0–

    MIL OSI Russia News –

    June 20, 2025
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