Category: Business

  • MIL-OSI Asia-Pac: Joint announcement of People’s Bank of China and Hong Kong Monetary Authority

    Source: Hong Kong Government special administrative region – 4

    The following is issued on behalf of the Hong Kong Monetary Authority:

    To deepen financial cooperation between the Mainland and Hong Kong, and to meet the demand of residents in both places for secure, efficient and convenient cross-boundary remittance service, the People’s Bank of China (PBoC) and the Hong Kong Monetary Authority (HKMA) have jointly pushed forward the cooperation between the China National Clearing Center (CNCC) and the Hong Kong Interbank Clearing Limited (HKICL) in linking the faster payment systems in the Mainland and Hong Kong (hereafter referred to as Payment Connect). It is hereby announced that:

    1. Payment Connect refers to the linkage between the Mainland’s Internet Banking Payment System (IBPS) and Hong Kong’s Faster Payment System (FPS). It supports real-time cross-boundary payment services for residents in both places, in compliance with relevant laws and regulations of the two places.

    2. Payment Connect supports the participating institutions of the faster payment systems in both places to provide convenient remittance services in Renminbi and Hong Kong dollar for residents in both places under the current account. It also supports the participating institutions in both places, on the basis of implementing relevant policies, to provide instant remittance services for salary disbursements, payments of tuition fees and medical bills, as well as other use cases beneficial to the integration of the two places.

    3. Payment Connect represents another key measure of the Central Government in supporting the development of Hong Kong. It brings convenience to people’s daily lives, deepens financial cooperation between the Mainland and Hong Kong, and enhances the efficiency and service quality of cross-boundary payments between the two places. It also facilitates economic and trade activities and flow of people, benefits Hong Kong in elevating its competitive edge, and reinforces its position as an international financial centre and a global offshore Renminbi business hub.

    4. Under the framework of the Memorandum of Understanding on Cross-Boundary Linkage of Payment Systems between the Mainland and Hong Kong, the PBoC and the HKMA will establish an effective collaboration mechanism for the Payment Connect to ensure the related services are operated in an orderly manner and comply with the respective legal and regulatory requirements in the two places.

    5. The CNCC and HKICL, having regard to the operation procedures and risk management principles, will coordinate with participating institutions to provide secure and efficient cross-boundary payment services to residents in both places, ensuring the smooth operation of the system and its transactions, while actively coordinating in resolving issues which may arise.

    6. Institutions participating in the Payment Connect shall strictly comply with the relevant laws and regulations on anti-money laundering, counter-terrorist financing, counter-proliferation financing and cross-boundary payment settlement.

    7. Payment Connect will be launched on June 22, 2025.

    Note: This is a translated version of the official announcement in Chinese.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Immigration Department repatriates 56 unsubstantiated non-refoulement claimants to their places of origin (with photos)

    Source: Hong Kong Government special administrative region – 4

         The Immigration Department (ImmD) carried out repatriation operations from June 18 to today (June 20). A total of 56 unsubstantiated non-refoulement claimants who were illegal immigrants and overstayers were repatriated to their places of origin. The persons removed comprised 28 men and 28 women. Among them were discharged prisoners who had committed criminal offences and had been sentenced to imprisonment as well as former foreign domestic helpers.
     
         The ImmD has been committed to promptly removing unsubstantiated non-refoulement claimants from Hong Kong to maintain effective immigration control and safeguard the public interest. Under the updated removal policy effective from December 7, 2022, the ImmD may generally proceed with the removal of a claimant whose judicial review case has been dismissed by the Court of First Instance of the High Court, thereby enhancing the efficiency of and efforts in removing unsubstantiated claimants.

         Depending on circumstances and needs, the ImmD will remain committed to expediting the removal process and actively maintain close liaison with governments of major source countries of non-refoulement claimants, airline companies and other government departments to repatriate unsubstantiated non-refoulement claimants from Hong Kong as soon as practicable through all appropriate measures.

    MIL OSI Asia Pacific News

  • MIL-OSI Australia: 2025–26 ACT Budget: investing in sport and recreation

    Source: Northern Territory Police and Fire Services

    New and expanding sporting facilities will create more spaces for Canberrans to play, train and come together.

    In brief:

    • The 2025–26 ACT Budget will support new and expanded sports facilities.
    • These include facilities in Taylor and Molonglo.
    • There will also be a boost to the Sports and Recreation Investment Scheme.

    The 2025–26 ACT Budget is investing in sport and recreation infrastructure across Canberra.

    The major investment includes:

    • new playing fields and a pavilion in Taylor, including early planning and design work starting in 2025–26
    • the first stage of the Stromlo District Playing Fields in Molonglo
    • a boost to the Sports and Recreation Investment Scheme to support local clubs and facilities.

    These new and existing venues will create more spaces for communities to play and train together.

    They will help meet growing demand from local clubs and communities as Canberra continues to grow.

    Taylor District Playing Fields

    Taylor District Playing Fields will be expanded with two new rectangular synthetic grass fields.

    The addition of modern, inclusive facilities will further enhance the space. These include:

    • LED lighting for extended use
    • a new sports pavilion
    • female-friendly changerooms
    • public toilets and community amenities.

    Stromlo District Playing Fields

    Stromlo District Playing Fields will support community sport in one of Canberra’s fastest-growing areas.

    Stage 1 will include a synthetic grass sportsground with two rectangular fields.

    There will also be:

    • a modified AFL oval
    • LED sportsground lighting
    • a sports pavilion.

    Essential civil works will also be carried out, including roads, parking, stormwater treatment and landscaping.

    Supporting local clubs

    The ACT Government will also double its investment in the Sports and Recreation Investment Scheme.

    This will support new and upgraded community sporting infrastructure around the city.

    High-quality facilities for a growing city

    The Budget investment will bring long-term benefits for local communities in these growing regions.

    It delivers on the ACT Government’s commitment to support active lifestyles and give more Canberrans the chance to get involved in sport.

    These projects come in addition to upgrades at existing sporting facilities across Canberra.

    Read more like this:


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    MIL OSI News

  • MIL-OSI: Ellomay Capital Announces the Closing of the Investment by Clal Insurance in Ellomay Capital’s 198 MW Italian Solar Portfolio

    Source: GlobeNewswire (MIL-OSI)

    Tel-Aviv, Israel, June 20, 2025 (GLOBE NEWSWIRE) — Ellomay Capital Ltd. (NYSE American; TASE: ELLO) (“Ellomay” or the “Company”), a renewable energy and power generator and developer of renewable energy and power projects in Europe, Israel and the USA, today announced the closing of the investment transaction with  Clal Insurance Company Ltd. (“Clal”), a leading Israeli institutional investor, in the Company’s 198 MW solar portfolio of operating projects and projects under construction and development in Italy. In consideration for its investment in the Italian solar portfolio, Clal received a 49% interest in the portfolio.

    For more information concerning the transaction and agreements with Clal, including the warrant to purchase ordinary shares of the Company issued to Clal upon consummation of the transaction, see Item 4 of the Company’s annual report on Form 20-F for the year ended December 31, 2024, submitted to the Securities and Exchange Commission on April 30, 2025.

    Ran Fridrich, CEO and a board member of Ellomay, commented: “We are pleased to announce the successful consummation of our collaboration with Clal on the 198 MW Italian solar portfolio. This transaction marks a significant milestone in Ellomay’s strategic growth and development plan. We see this partnership with Clal as a strong vote of confidence in Ellomay’s vision, its portfolio, and its leadership team. We extend our sincere thanks to both teams for their dedication and hard work in bringing this complex transaction to a successful close.”

    About Ellomay Capital Ltd.

    Ellomay is an Israeli based company whose shares are listed on the NYSE American and on the Tel Aviv Stock Exchange under the trading symbol “ELLO”. Since 2009, Ellomay focuses its business in the renewable energy and power sectors in Europe, the USA and Israel.

    To date, Ellomay has evaluated numerous opportunities and invested significant funds in the renewable, clean energy and natural resources industries in Israel, Italy, Spain, the Netherlands and Texas, USA, including:

    • Approximately 335.9 MW of operating solar power plants in Spain (including a 300 MW solar plant in owned by Talasol, which is 51% owned by the Company) and 51% of approximately 38 MW of operating solar power plants in Italy;
    • 9.375% indirect interest in Dorad Energy Ltd., which owns and operates one of Israel’s largest private power plants with production capacity of approximately 850MW, representing about 6%-8% of Israel’s total current electricity consumption;
    • Groen Gas Goor B.V., Groen Gas Oude-Tonge B.V. and Groen Gas Gelderland B.V., project companies operating anaerobic digestion plants in the Netherlands, with a green gas production capacity of approximately 3 million, 3.8 million and 9.5 million Nm3 per year, respectively;
    • 83.333% of Ellomay Pumped Storage (2014) Ltd., which is involved in a project to construct a 156 MW pumped storage hydro power plant in the Manara Cliff, Israel;
    • 51% of solar projects in Italy with an aggregate capacity of 160 MW that commenced construction processes;
    • Solar projects in Italy with an aggregate capacity of 134 MW that have reached “ready to build” status; and
    • Solar projects in the Dallas Metropolitan area, Texas, USA with an aggregate capacity of approximately 27 MW that connected to the grid and additional 22 MW that are under construction.

    For more information about Ellomay, visit http://www.ellomay.com.

    Information Relating to Forward-Looking Statements

    This press release contains forward-looking statements that involve substantial risks and uncertainties, including statements that are based on the current expectations and assumptions of the Company’s management. All statements, other than statements of historical facts, included in this press release regarding the Company’s plans and objectives, expectations and assumptions of management are forward-looking statements. The use of certain words, including the words “estimate,” “project,” “intend,” “expect,” “believe” and similar expressions are intended to identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company may not actually achieve the plans, intentions or expectations disclosed in the forward-looking statements and you should not place undue reliance on the Company’s forward-looking statements. Various important factors could cause actual results or events to differ materially from those that may be expressed or implied by the Company’s forward-looking statements, including changes in electricity prices and demand, regulatory changes increases in interest rates and inflation, changes in the supply and prices of resources required for the operation of the Company’s facilities (such as waste and natural gas) and in the price of oil, the impact of the war and hostilities in Israel and Gaza, the impact of the continued military conflict between Russia and Ukraine, technical and other disruptions in the operations or construction of the power plants owned by the Company and general market, political and economic conditions in the countries in which the Company operates, including Israel, Spain, Italy and the United States. These and other risks and uncertainties associated with the Company’s business are described in greater detail in the filings the Company makes from time to time with Securities and Exchange Commission, including its Annual Report on Form 20-F. The forward-looking statements are made as of this date and the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact:
    Kalia Rubenbach (Weintraub)
    CFO
    Tel: +972 (3) 797-1111
    Email: hilai@ellomay.com

    The MIL Network

  • Sensex rallies over 1,000 points, Nifty breaches 25,100

    Source: Government of India

    Source: Government of India (4)

    The Indian stock market witnessed a powerful rally on Friday, with benchmark indices closing significantly higher, buoyed by widespread buying across sectors and strong investor sentiment.

    The BSE Sensex surged 1,046.30 points to settle at 82,408.17, while the NSE Nifty jumped 319.15 points, ending the day at 25,112.40. Among the Nifty 50 constituents, 44 stocks ended in the green, with only 6 closing in the red, indicating broad-based market strength.

    Commenting on the market action, Sundar Kewat, Technical and Derivatives Analyst at Ashika Institutional Equity – Ashika Stock Broking, noted, “In a bullish session, the Nifty opened flat at 24,787 and briefly dipped to 24,783 before staging a sharp rally. The index gained momentum right from the opening tick and scaled an intraday high of 25,078, closing firmly in the green.”

    Kewat highlighted the widespread sectoral participation, with Construction, PSU Banks, Financial Services, Auto, and Metal stocks leading the gains. The broader markets mirrored this optimism, as the Nifty Midcap 100 rose over 1 per cent, and Smallcap stocks continued to attract buying interest.

    On the derivatives front, market breadth remained robust with 186 advancing stocks versus 36 declining. Noteworthy open interest build-up was seen in Kaynes Technology, Mankind Pharma, Hero MotoCorp, JSW Steel, and LTIMindtree, signaling increased trader participation and bullish sentiment.

    Adding to the positive outlook, Rupak De, Senior Technical Analyst at LKP Securities, said, “Nifty moved up sharply after three days of consolidation, resuming its short-term rally. Moreover, the index has reclaimed the 21-day EMA, which could provide further momentum for an upward move.”

    De added, “Support is now placed at 24,850, and the index remains a ‘buy on dips’ as long as it holds above this level. On the higher side, it may continue advancing towards 25,350 and beyond.”

    With upbeat technical indicators and sector-wide buying, Friday’s market performance reflects growing investor confidence and sets the stage for continued momentum in the sessions ahead.

    (ANI)

  • MIL-OSI Video: Financial literacy in Europe – Mário Centeno, Governor, Banco de Portugal

    Source: European Central Bank (video statements)

    Financial literacy is crucial for Europeans to successfully navigate the complexities of today’s financial landscape.

    Financial literacy in Europe
    https://www.ecb.europa.eu/ecb-and-you/financial_literacy_europe/html/index.en.html

    ECB International Women’s Day 2025
    https://www.ecb.europa.eu/press/conferences/html/20250307_intl_womens_day.en.html

    https://www.youtube.com/watch?v=MVYf_y3XV3g

    MIL OSI Video

  • PM Modi launches key development projects in Bihar, flags off first export locomotive from Marhowra Plant

    Source: Government of India

    Source: Government of India (2)

    rime Minister Narendra Modi on Friday laid the foundation stone and inaugurated a series of development projects in Bihar, with a focus on rail connectivity, sanitation, power infrastructure, and affordable housing.

    The highlight of the Prime Minister’s visit to the Saran district was the flagging off of a state-of-the-art export locomotive built at the Marhowra Plant. Manufactured under the “Make in India – Make for the World” initiative, the locomotive will be exported to the Republic of Guinea, marking the plant’s first international dispatch.

    These advanced locomotives feature high-horsepower engines, AC propulsion systems, microprocessor-based control systems, ergonomically designed cabs, and regenerative braking technology, showcasing India’s growing capabilities in rail manufacturing.

    As part of efforts to enhance regional connectivity, PM Modi also flagged off the Vande Bharat Express between Patliputra and Gorakhpur, passing through Muzaffarpur and Bettiah, significantly boosting rail access in North Bihar.

    In addition, he inaugurated the Vaishali–Deoria railway line, a project valued at over ₹400 crore, and flagged off a new train service along the route to strengthen connectivity across the region.

    Under the Namami Gange programme, the Prime Minister inaugurated six Sewage Treatment Plants (STPs) with a combined investment of over ₹1,800 crore. These plants aim to enhance sanitation and water quality in towns situated along the Ganga River.

    PM Modi also laid the foundation stone for a series of water supply and sanitation projects worth more than ₹3,000 crore, which are set to benefit several towns across Bihar by ensuring access to safe and clean drinking water.

    In a major step toward modernizing the state’s energy infrastructure, the Prime Minister launched a 500 MWh Battery Energy Storage System (BESS) project. These standalone units will be installed at 15 grid substations in locations including Muzaffarpur, Motihari, Bettiah, and Siwan. With storage capacities ranging from 20 to 80 MWh, the BESS installations are expected to help electricity distribution companies meet peak demand more efficiently and reduce procurement costs, ultimately passing on the benefits to consumers.

    On the housing front, PM Modi released the first instalment under the Pradhan Mantri Awas Yojana – Urban (PMAY-U) to more than 53,600 beneficiaries in Bihar. He also handed over keys to select recipients as part of a Grih Pravesh ceremony, marking the completion of over 6,600 new houses built under the scheme.

  • MIL-OSI: Hyperscale Data Subsidiary Bitnile.com Accepting $TRUMP Meme Coin in its Social Casino

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, June 20, 2025 (GLOBE NEWSWIRE) — Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced that the $TRUMP meme coin is now an accepted payment method on Bitnile.com, the sweepstakes-based social-casino platform operated by Bitnile.com, Inc. (“Bitnile.com”), an indirectly wholly owned subsidiary of Hyperscale Data.

    Players can now use $TRUMP to purchase coin packages used to enter a wide range of casino-style social games on Bitnile.com, including slots, poker and blackjack. Bitnile.com now accepts both the $NILE coin and the $TRUMP coin as payment methods and plans to roll out additional cryptocurrencies over the coming months.

    Joe Spaziano, Chief Executive Officer of Bitnile.com, stated, “We are happy to provide players an additional onboarding option and will continue to work on accepting additional cryptocurrencies throughout 2025. Our goal is to provide players with multiple options to play on Bitnile.com. On or about July 1, 2025, we will also accept $PEPE, marking three meme coins as an accepted payment method on Bitnile.com, with more expected to come this year.”

    For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.

    About Hyperscale Data, Inc.

    Through its wholly owned subsidiary Sentinum, Inc., Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging artificial intelligence (“AI”) ecosystems and other industries. Hyperscale Data’s other wholly owned subsidiary, Ault Capital Group, Inc. (“ACG”), is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.

    Hyperscale Data expects to divest itself of ACG on or about December 31, 2025 (the “Divestiture”). Upon the occurrence of the Divestiture, the Company would solely be an owner and operator of data centers to support high-performance computing services, though it may at that time continue to mine Bitcoin. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

    On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the “Series F Preferred Stock”) to all common stockholders and holders of the Series C Convertible Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the “ACG Shares”). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be stockholders of ACG upon the occurrence of the Divestiture.

    Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

    Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at hyperscaledata.com.

    Hyperscale Data Investor Contact:
    IR@hyperscaledata.com or 1-888-753-2235

    The MIL Network

  • MIL-OSI: Hyperscale Data Subsidiary Bitnile.com Accepting $TRUMP Meme Coin in its Social Casino

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, June 20, 2025 (GLOBE NEWSWIRE) — Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced that the $TRUMP meme coin is now an accepted payment method on Bitnile.com, the sweepstakes-based social-casino platform operated by Bitnile.com, Inc. (“Bitnile.com”), an indirectly wholly owned subsidiary of Hyperscale Data.

    Players can now use $TRUMP to purchase coin packages used to enter a wide range of casino-style social games on Bitnile.com, including slots, poker and blackjack. Bitnile.com now accepts both the $NILE coin and the $TRUMP coin as payment methods and plans to roll out additional cryptocurrencies over the coming months.

    Joe Spaziano, Chief Executive Officer of Bitnile.com, stated, “We are happy to provide players an additional onboarding option and will continue to work on accepting additional cryptocurrencies throughout 2025. Our goal is to provide players with multiple options to play on Bitnile.com. On or about July 1, 2025, we will also accept $PEPE, marking three meme coins as an accepted payment method on Bitnile.com, with more expected to come this year.”

    For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.

    About Hyperscale Data, Inc.

    Through its wholly owned subsidiary Sentinum, Inc., Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging artificial intelligence (“AI”) ecosystems and other industries. Hyperscale Data’s other wholly owned subsidiary, Ault Capital Group, Inc. (“ACG”), is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.

    Hyperscale Data expects to divest itself of ACG on or about December 31, 2025 (the “Divestiture”). Upon the occurrence of the Divestiture, the Company would solely be an owner and operator of data centers to support high-performance computing services, though it may at that time continue to mine Bitcoin. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

    On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the “Series F Preferred Stock”) to all common stockholders and holders of the Series C Convertible Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the “ACG Shares”). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be stockholders of ACG upon the occurrence of the Divestiture.

    Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

    Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at hyperscaledata.com.

    Hyperscale Data Investor Contact:
    IR@hyperscaledata.com or 1-888-753-2235

    The MIL Network

  • MIL-OSI Africa: Western Cape works around the clock to deal with extortion, says Premier

    Source: South Africa News Agency

    Western Cape works around the clock to deal with extortion, says Premier

    Extortion hinders economic growth and job creation, posing daily threats to residents’ safety and livelihoods. It robs people of opportunities and their dignity. 

    This is according to Western Cape Premier Alan Winde, who was speaking during his regular digital conference on safety, where he hosted Hubert Paulse, chairperson of Business against Crime South Africa (BACSA). 

    “The only way we will eradicate ‘extortion mafias’ is if we all work together. We cannot fight crime alone. We stand a better chance by collaborating and sharing resources,” stressed Winde. 

    BACSA is a non-profit organisation that was established in 1996. It played a crucial role in fostering partnerships between the private sector and law enforcement agencies across South Africa to collaborate in the fight against crime.

    BACSA also participated in the Western Cape government’s Multi-Sectoral Anti-Extortion Summit this week. 

    This summit brought together various stakeholders, including Members of the Executive Council (MECs), the South African Police Service (SAPS), the City of Cape Town (CoCT), and academic experts, to discuss strategies for addressing the alarming increase in extortion, which has reached crisis levels nationwide.

    “This was about the whole of government and society coming together to coordinate ourselves better to confront this ‘cancer’ called extortion and to discuss how we are going to rid ourselves of this horrendous crime that impacts so many of our residents and businesses,” said Winde. 

    Paulse has described BACSA as a public-private partnership that exists to make South Africa safer. 

    “Our message is simple but powerful. We foster collaboration with all stakeholders to fight crime. When we work together, we do not just reduce crime – we restore hope. And with hope comes confidence. Businesses become more willing to invest, and that investment leads to the creation of more jobs.”

    The organisation operates several programmes addressing extortion, tourism safety, gender-based violence, infrastructure vandalism, and theft. 

    Paulse believes that technology is the “eyes and ears” of crime-fighting efforts, emphasising its initiative designed for an intelligence-gathering network.

    “We are using that geographical footprint to increase the operational response and awareness of the SAPS,” he said.

    In the meantime, the Premier stated that criminals are utilising technology and believes the government must stay ahead. 

    He also emphasised the essential role of neighbourhood watches (NHWs) and community policing forums (CPFs) in fighting and preventing crime.

    “That is exactly what our whole-of-society approach is about. There is no doubt that residents who form or join NHWs know more about what is going on in their areas than anyone else, and they form essential partnerships with SAPS and municipal law enforcement. This enables residents to play a more meaningful role.”

    He welcomed the recent proposal by Police Minister Senzo Mchunu to give metro law enforcement bodies more powers to combat crime.

    “This is a positive step forward. It does not matter who you are, national government, provincial governments, or civil society, we must all be obsessed and driven by the same thing, to build a safer, prosperous province and country.”

    The Premier also condemned the recent minibus taxi-related violence in parts of Cape Town.

    “It is intolerable that disputes are ‘negotiated’ through the barrel of a gun. But on a day when we are also highlighting the power of partnerships, I want to commend all the role players, from provincial traffic and city law enforcement to SAPS and our officials, for the speed and coordination with which they responded to the violence and threats.” – SAnews.gov.za

    Gabisile

    MIL OSI Africa

  • MIL-OSI Banking: China Unicom Beijing and Huawei Are Embracing the AI Revolution, Striding Towards Intelligent Era

    Source: Huawei

    Headline: China Unicom Beijing and Huawei Are Embracing the AI Revolution, Striding Towards Intelligent Era

    [Shanghai, China, June 20, 2025] At Mobile World Congress (MWC) Shanghai 2025, Yang Lifan, Deputy General Manager of China Unicom Beijing, delivered a speech titled “Are We Ready for AI?” and jointly released Smart Operation Network 2.0 with Huawei at the 5G-A Industry Roundtable. The speech highlighted the unprecedented growth of data driven by artificial intelligence (AI), which is making communications networks smarter and more automated. China Unicom Beijing will work with Huawei to upgrade 5G-A network infrastructure, push network evolution from “connection pipes” to “intelligent platforms,” and converge ICT innovations.

    Yang Lifan is delivering a keynote speech at 5G-A Industry Roundtable

    In the mobile AI era, innovative applications like human-level interactions, autonomous driving, and industrial Internet of Things (IoT) are flourishing. This has resulted in explosive traffic growth and the need for higher uplink speeds. For example, cloud-based AI training and high-definition (HD) video upload typically require an uplink bandwidth of more than 20 Mbps. Live-network traffic is expected to surge to five times the current level. Then, China Unicom Beijing’s networks will face uplink bottlenecks if only mid-band resources are used, which will compromise AI service user experience. A professional data model by China Unicom Beijing and Huawei predicts that 2029 will be the tipping point.
    Networking: 5G-A Multi-Layer Collaboration for Multi-dimensional AI User Experience
    China Unicom Beijing and Huawei have deployed the world’s first 3D smart 5G-A network across Beijing. The network will tackle the challenges of the AI era and enable ubiquitous 5G-A across both air and ground. The two companies have also piloted the world’s first 1:1 3D networking based on high- and mid-band coordination, which enables seamless 5G-A user experience. This network verifies the feasibility of high-band networking. China Unicom Beijing is leading the transition from single-band networks to a layered communications system, with high bands for network capacity, mid-bands for continuous coverage, and low bands and space-air-ground coordination for wide-area coverage. This system will strengthen the foundation for seamless interconnections for all manner of applications. The key to this network is the coordination of high, mid-, low, and other bands for low-altitude and satellite communications.
    AI: New Operations System Centered on Autonomous Networks
    Conventional networks struggle with network parameters and troubleshooting, and are heavily reliant on manual operations. China Unicom Beijing and Huawei are using AI to enable automated and unattended network operations, which is becoming the industry norm. The two companies are working to achieve automation across all network settings by 2026, covering site deployment, maintenance, optimization, and complaint handling. China Unicom Beijing and Huawei have launched a digital twin system for high-speed rail that makes passenger services fully visualized. The system transforms sensing from the line grid level to the passenger level to enable insights for each individual passenger in seconds. User experience is significantly enhanced by automatic demarcation and locating of all signals, which shortens fault response to within 10 seconds and fault self-healing to within 30 minutes. Moreover, universal intelligent service processing units (UISPs) are used to accurately identify and analyze user services. This enables service-oriented dynamic experience assurance and significantly improves 5G-A operational efficiency and service quality.
    Yang stated: “Future networks will feature space-air-ground and spectrum coordination, and their O&M will be dynamic and automated with the help of AI agents. Instead of passively reacting, operators should proactively embrace cutting-edge technology to make communications networks truly intelligent.”
    David Li, Vice President of Huawei Wireless Network Product Line, remarked: “In order to explore new connection spaces, and unlock new business value, 5G-A networks should fulfill the diverse needs of different applications, user groups, and services. Prioritizing experience-centered networks, we will continue to enable technological innovations in high uplink, low latency, and smart operations to facilitate the implementation of China Unicom Beijing’s space-air-ground integrated smart network strategy, with the aim of delivering more-than-fast experiences to users in Beijing.”
    MWC Shanghai 2025 will be held from June 18 to June 20 in Shanghai, China. During the event, Huawei will showcase its latest products and solutions in Hall N1 of the Shanghai New International Expo Center (SNIEC).
    The commercial adoption of 5G-Advanced is accelerating in 2025. Huawei collaborates with global carriers, industry experts, and opinion leaders to explore how innovations in AI can be used to reshape telecom services, infrastructure, and operations to generate new revenue sources and accelerate the transition towards an intelligent world.
    For more information, please visit: https://carrier.huawei.com/en/events/mwcs2025

    MIL OSI Global Banks

  • MIL-OSI Russia: Alexander Novak: To increase labor productivity, businesses need to improve efficiency

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    Deputy Prime Minister Alexander Novak took part in Sber’s business breakfast on the topic of “Rates against growth: what will the coming year be like?” as part of the St. Petersburg International Economic Forum.

    Alexander Novak spoke about the state’s participation in the development of entrepreneurship, including through national projects and the creation of infrastructure in the form of “My Business” centers. He outlined the tasks for the near future, taking into account the downward trend in inflation in Russia, the implementation of which can move the economy from the stage of controlled cooling to growth. This is a reduction in the key rate of the Central Bank and an increase in labor productivity.

    To increase labor productivity, businesses need to improve efficiency, including switching to lean manufacturing and implementing modern digital technologies.

    “The state is ready to lend a shoulder, but we must change our consciousness. And everyone who is engaged in business – from small and medium to large businesses – must accept the growth of labor productivity as a national idea. To do this, we need to introduce modern equipment: machine tools, robotic technologies, artificial intelligence,” the Deputy Prime Minister emphasized.

    Regarding the key rate, Alexander Novak noted that indicators show the need to reduce it and move from a controlled cooling of the economy to the stage of its heating.

    “We must not miss the moment when this needs to be done. In the last 7 weeks, annual inflation has been at 2.6%, which is below the Central Bank’s target. The real rate is now higher than in many countries around the world and than it was at the beginning of the year. In my opinion, we need to make a decision faster that will help not freeze the economy, but give it the opportunity to move forward. This will help achieve the goals of economic sustainability and give impetus to a technological breakthrough,” said Alexander Novak.

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

    MIL OSI Russia News

  • MIL-OSI Asia-Pac: SCED promotes HK in Bordeaux

    Source: Hong Kong Information Services

    Secretary for Commerce & Economic Development Algernon Yau yesterday arrived in Bordeaux, where he met representatives of local technology startups and attended the Bordeaux Wine Festival.

    On arriving in the French city, Mr Yau held a business roundtable involving representatives of startup network La French Tech Bordeaux, and Bordeaux-based technology startups. He briefed them on Hong Kong’s startup ecosystem and business-friendly environment for startups and entrepreneurs.

    He emphasised that the Hong Kong Special Administrative Region Government is firmly committed to positioning Hong Kong as a leading innovation and technology hub where startups play a pivotal role.

    The commerce chief encouraged Bordeaux’s startup community to expand operations into Hong Kong, leveraging the city’s strategic position as a gateway to the vast markets on the Mainland and elsewhere in Asia.

    Mr Yau also paid a courtesy call on Bordeaux Mayor Pierre Hurmic, and briefed him on Hong Kong’s latest initiatives to drive economic development, including its reduction of liquor duty.

    The two officials also exchanged views on forging closer bilateral relations with regard to startups and the wine and liquor industries.

    Mr Yau’s Thursday engagements concluded with his attendance at the Bordeaux Wine Festival, France’s leading wine event. 

    MIL OSI Asia Pacific News

  • MIL-OSI: Everything Blockchain Plans $10M Strategic Acquisition of SOL, XRP, SUI, TAO & HYPE — Front Running Wall Street

    Source: GlobeNewswire (MIL-OSI)

    Jacksonville, Florida, June 20, 2025 (GLOBE NEWSWIRE) — Everything Blockchain Inc. (OTC: EBZT) announced today its strategic plan to deploy $10 million into five of the fastest growing blockchain networks—Solana (SOL), XRP, Sui (SUI), Bittensor (TAO), and Hyperliquid (HYPE), positioning ahead of the anticipated institutional crypto wave.

    This strategy positions EBZT as the first U.S. public equity to implement a multi-token staking treasury focused on blockchain networks seeking institutional adoption. With its small float, EBZT offers retail investors scarce exposure to top crypto assets before Wall Street institutions enter at scale.

    Notably, similar public crypto treasury plays such as SolStrategies and Janover have recently raised hundreds of millions of dollars, demonstrating strong investor appetite for crypto treasury strategies, yet none offer diversified, multi-asset staking focused on the industry’s highest potential networks.

    Current network staking yields position EBZT to generate approximately $1 million in annual rewards once deployed, with revenue potential accelerating as the treasury expands. EBZT plans to funnel a significant portion of these staking rewards directly into shareholder pockets through potential dividends, creating the first-ever crypto dividend play in public markets.

    “While Bitcoin grabbed headlines, the real money is flowing into the blockchain networks powering tomorrow’s financial infrastructure,” said CEO Arthur Rozenberg. “EBZT shareholders are getting front-row seats to the biggest institutional crypto shift since Bitcoin ETFs launched but this time, we’re there first.”

    The $36 billion annual crypto staking market remains virtually untouched by public companies, according to Messari, creating a massive first-mover opportunity. EBZT is actively pursuing a Nasdaq uplisting to unlock institutional capital and cement its position as the premier crypto treasury play before competitors flood the space.

    Investment Highlights:

    • First-Mover Advantage: Early ownership ahead of institutional inflows
    • Diversified Exposure: First public company offering a diversified, revenue-generating crypto treasury across five high-growth blockchain ecosystems
    • Immediate Yield Potential: Annual staking rewards estimated at approximately $1M post-deployment
    • Potential Dividends: Staking revenue planned to be distributed to shareholders

    EBZT delivers a rare ground floor entry into a professionally managed crypto public treasury before Wall Street’s blockchain gold rush reaches full swing. Smart money is moving fast—stay tuned for critical updates on funding completion and rapid deployment.

    About Everything Blockchain Inc.

    Everything Blockchain Inc. (OTC Markets: EBZT) bridges the gap between traditional financial markets and blockchain innovation. EBZT provides accessible blockchain consulting services and develops transformative financial products designed to modernize financial processes for institutional clients.

    Follow us on:  https://x.com/ebzt_

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements include, but are not limited to, statements regarding EBZT’s plans to deploy $10 million into blockchain networks, anticipated staking rewards, potential dividend distributions, treasury expansion, institutional adoption trends, Nasdaq uplisting pursuit, and expected market positioning. Forward-looking statements are identified by words such as “plans,” “intends,” “expects,” “anticipates,” “potential,” “estimated,” “position,” “strategy,” and similar expressions.

    These forward-looking statements are based on current expectations and assumptions and are subject to numerous risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Key risks include: (1) the Company’s ability to successfully complete its planned capital raise; (2) volatility in cryptocurrency markets and staking yields; (3) regulatory changes affecting cryptocurrency investments or staking activities; (4) technical risks associated with blockchain networks and staking protocols; (5) competitive pressures from other crypto treasury strategies; (6) the Company’s ability to achieve or maintain Nasdaq listing standards; (7) custody and security risks associated with digital assets; (8) potential changes in institutional adoption of blockchain technologies; and (9) the Company’s ability to execute its stated strategy and achieve projected returns.

    The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Investors should not place undue reliance on these forward-looking statements and should carefully consider the risks and uncertainties described in the Company’s periodic filings with the SEC.

    Contact:

    Arthur Rozenberg
    CEO, Everything Blockchain, Inc.
    arthur.rozenberg@everythingblockchain.io

    The MIL Network

  • MIL-OSI: Everything Blockchain Plans $10M Strategic Acquisition of SOL, XRP, SUI, TAO & HYPE — Front Running Wall Street

    Source: GlobeNewswire (MIL-OSI)

    Jacksonville, Florida, June 20, 2025 (GLOBE NEWSWIRE) — Everything Blockchain Inc. (OTC: EBZT) announced today its strategic plan to deploy $10 million into five of the fastest growing blockchain networks—Solana (SOL), XRP, Sui (SUI), Bittensor (TAO), and Hyperliquid (HYPE), positioning ahead of the anticipated institutional crypto wave.

    This strategy positions EBZT as the first U.S. public equity to implement a multi-token staking treasury focused on blockchain networks seeking institutional adoption. With its small float, EBZT offers retail investors scarce exposure to top crypto assets before Wall Street institutions enter at scale.

    Notably, similar public crypto treasury plays such as SolStrategies and Janover have recently raised hundreds of millions of dollars, demonstrating strong investor appetite for crypto treasury strategies, yet none offer diversified, multi-asset staking focused on the industry’s highest potential networks.

    Current network staking yields position EBZT to generate approximately $1 million in annual rewards once deployed, with revenue potential accelerating as the treasury expands. EBZT plans to funnel a significant portion of these staking rewards directly into shareholder pockets through potential dividends, creating the first-ever crypto dividend play in public markets.

    “While Bitcoin grabbed headlines, the real money is flowing into the blockchain networks powering tomorrow’s financial infrastructure,” said CEO Arthur Rozenberg. “EBZT shareholders are getting front-row seats to the biggest institutional crypto shift since Bitcoin ETFs launched but this time, we’re there first.”

    The $36 billion annual crypto staking market remains virtually untouched by public companies, according to Messari, creating a massive first-mover opportunity. EBZT is actively pursuing a Nasdaq uplisting to unlock institutional capital and cement its position as the premier crypto treasury play before competitors flood the space.

    Investment Highlights:

    • First-Mover Advantage: Early ownership ahead of institutional inflows
    • Diversified Exposure: First public company offering a diversified, revenue-generating crypto treasury across five high-growth blockchain ecosystems
    • Immediate Yield Potential: Annual staking rewards estimated at approximately $1M post-deployment
    • Potential Dividends: Staking revenue planned to be distributed to shareholders

    EBZT delivers a rare ground floor entry into a professionally managed crypto public treasury before Wall Street’s blockchain gold rush reaches full swing. Smart money is moving fast—stay tuned for critical updates on funding completion and rapid deployment.

    About Everything Blockchain Inc.

    Everything Blockchain Inc. (OTC Markets: EBZT) bridges the gap between traditional financial markets and blockchain innovation. EBZT provides accessible blockchain consulting services and develops transformative financial products designed to modernize financial processes for institutional clients.

    Follow us on:  https://x.com/ebzt_

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements include, but are not limited to, statements regarding EBZT’s plans to deploy $10 million into blockchain networks, anticipated staking rewards, potential dividend distributions, treasury expansion, institutional adoption trends, Nasdaq uplisting pursuit, and expected market positioning. Forward-looking statements are identified by words such as “plans,” “intends,” “expects,” “anticipates,” “potential,” “estimated,” “position,” “strategy,” and similar expressions.

    These forward-looking statements are based on current expectations and assumptions and are subject to numerous risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Key risks include: (1) the Company’s ability to successfully complete its planned capital raise; (2) volatility in cryptocurrency markets and staking yields; (3) regulatory changes affecting cryptocurrency investments or staking activities; (4) technical risks associated with blockchain networks and staking protocols; (5) competitive pressures from other crypto treasury strategies; (6) the Company’s ability to achieve or maintain Nasdaq listing standards; (7) custody and security risks associated with digital assets; (8) potential changes in institutional adoption of blockchain technologies; and (9) the Company’s ability to execute its stated strategy and achieve projected returns.

    The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Investors should not place undue reliance on these forward-looking statements and should carefully consider the risks and uncertainties described in the Company’s periodic filings with the SEC.

    Contact:

    Arthur Rozenberg
    CEO, Everything Blockchain, Inc.
    arthur.rozenberg@everythingblockchain.io

    The MIL Network

  • MIL-OSI China: Key takeaways from 2nd China-Central Asia Summit in Astana

    Source: China State Council Information Office

    Chinese President Xi Jinping, Kazakh President Kassym-Jomart Tokayev, Kyrgyz President Sadyr Japarov, Tajik President Emomali Rahmon, Turkmen President Serdar Berdimuhamedov and Uzbek President Shavkat Mirziyoyev pose for a group photo in Astana, Kazakhstan, June 17, 2025. (Xinhua/Xie Huanchi)

    Chinese President Xi Jinping concluded on Wednesday his three-day trip to Astana, the capital of Kazakhstan, where he attended the second China-Central Asia Summit.

    The summit produced a raft of consensuses across areas ranging from security and trade to regional development. Officials and analysts, who spoke to Xinhua, highlighted key themes of the summit, including Belt and Road cooperation and the deepening of China-Central Asia ties.

    CHINA-CENTRAL ASIA SPIRIT

    In his keynote speech at the summit, Xi proposed a China-Central Asia Spirit of “mutual respect, mutual trust, mutual benefit and mutual assistance for the joint pursuit of modernization through high-quality development.”

    “We practice mutual respect and treat each other as equals. All countries, big or small, are equal,” Xi said. “We handle issues through consultation and make decisions by consensus.”

    On elaborating mutual trust, Xi said, “We firmly support each other in safeguarding independence, sovereignty, territorial integrity, and national dignity.”

    “We do not do anything harmful to the core interests of any party,” he added.

    When talking about mutual benefit, Xi said, “We view each other as priority partners, and share development opportunities together.”

    On mutual assistance, he stressed, “We help each other in time of need and stand together through thick and thin,” adding that “we work together to address various risks and challenges, and uphold regional security and stability.”

    The China-Central Asia Spirit deeply reflects the essence of relations between China and the Central Asian countries, said Alikbek Dzhekshenkulov, former foreign minister of Kyrgyzstan.

    This spirit will become a powerful driving force for future cooperation between China and Central Asian countries, helping to forge a closer community with a shared future, said Dzhekshenkulov.

    NEW COOPERATION CENTERS

    One of the key outcomes of the Astana summit is the inauguration of three cooperation centers and a cooperation platform on smooth trade within the China-Central Asia cooperation mechanism.

    The institutions include the China-Central Asia poverty reduction cooperation center, the China-Central Asia education exchange cooperation center, the China-Central Asia desertification control cooperation center, as well as the China-Central Asia smooth trade cooperation platform.

    “China is ready to share with Central Asian countries development experience and latest technological advances, promote connectivity in digital infrastructure, enhance cooperation on artificial intelligence, and foster new quality productive forces,” Xi said at the summit.

    These initiatives are “very important to each of us,” said Tajik Foreign Minister Sirojiddin Muhriddin outside the summit venue. “We hope that in a very short time, we will achieve a big success.”

    Muhriddin also said the second China-Central Asia Summit marks “a historic event” and opened a new chapter for a time-tested regional partnership.

    Chinese President Xi Jinping, Kazakh President Kassym-Jomart Tokayev, Kyrgyz President Sadyr Japarov, Tajik President Emomali Rahmon, Turkmen President Serdar Berdimuhamedov and Uzbek President Shavkat Mirziyoyev witness inauguration of the China-Central Asia poverty reduction cooperation center, the China-Central Asia education exchange cooperation center, the China-Central Asia desertification control cooperation center and the China-Central Asia trade facilitation cooperation platform in Astana, Kazakhstan, June 17, 2025. (Xinhua/Yin Bogu)

    BELT AND ROAD COOPERATION

    At the summit, Xi called on China and Central Asian countries to promote high-quality Belt and Road cooperation.

    On the sidelines of the summit, Xi also held separate bilateral meetings with the leaders of the five Central Asian countries, with a focus on the high-quality development of the Belt and Road Initiative (BRI).

    In talks with Kyrgyz President Sadyr Japarov and Uzbek President Shavkat Mirziyoyev, Xi emphasized the importance of advancing the high-quality construction of the China-Kyrgyzstan-Uzbekistan railway, a project launched last year.

    While meeting with Turkmen President Serdar Berdimuhamedov, Xi said that both sides should effectively implement the strategic alignment between the Belt and Road Initiative and Turkmenistan’s development strategy to revive the Great Silk Road.

    Xi also told Kazakh President Kassym-Jomart Tokayev on Monday that high-quality Belt and Road cooperation should be used to improve cooperation between China and Kazakhstan.

    In 2013, Xi first laid out his vision for building the Silk Road Economic Belt — a key component of the initiative in Astana when delivering a landmark speech at Nazarbayev University.

    Over the past decade, the BRI has grown from an aspiring vision into a high-quality platform for cooperation, encompassing daily logistics, trade and infrastructure development across the Eurasian continent, said Din Mukhamed Konakbayev, general manager of the Kazakh-Chinese trade and logistics company (Almaty) Ltd.

    He noted that BRI infrastructure projects are driving more balanced regional development in Kazakhstan, particularly in the northern, western and southern regions, which previously had limited access to global logistics networks.

    TREATY ON ETERNAL GOOD-NEIGHBORLINESS, FRIENDSHIP AND COOPERATION

    Xi and the leaders of the five Central Asian nations signed the treaty on eternal good-neighborliness, friendship and cooperation.

    According to the treaty, the six countries reaffirmed their firm support for each country’s independence, sovereignty, territorial integrity as well as the principles of sovereign equality and the inviolability of borders.

    All parties reiterated that they will not use force or threaten to use force, and will resolve disputes peacefully, said the treaty.

    The signing of the treaty is to “enshrine the principle of everlasting friendship in the form of law,” Xi said in his speech at the summit. “China consistently takes Central Asia as a priority in its neighborhood diplomacy,” he noted.

    “This is a new landmark in the history of the relations between our six countries and a pioneering initiative in China’s diplomatic engagement with its neighbors,” Xi added.

    An international freight train pulls out of the China-Kazakhstan (Lianyungang) Logistics Cooperation Base in Lianyungang, east China’s Jiangsu Province on June 26, 2024. (Xinhua/Ji Chunpeng)

    NO WINNER IN TARIFF WARS

    “There is no winner in tariff wars or trade wars,” Xi said in his speech at the summit. Kyrgyz President Sadyr Japarov said he agrees with it.

    “Unilateralism, protectionism and hegemonism will surely backfire while hurting others,” Xi said. “I always maintain that history should move forward, not backward; and the world should be united, not divided.”

    “Humanity must not regress to the law of the jungle. Instead, we should build a community with a shared future for mankind,” Xi added.

    SECURITY ON AGENDA

    The six countries issued the Astana Declaration as an outcome of the summit. They agreed to jointly combat terrorism, separatism and extremism and strongly condemn all forms of the three forces.

    The countries also pledged to battle threats such as cross-border infiltration of terrorist forces, drug smuggling, transnational organized crime and cyber crime, to ensure smooth and stable progress of cooperation projects and jointly respond to security threats, said the document.

    In his talks with Tajik President Emomali Rahmon, Xi stressed that China and Tajikistan should further strengthen law enforcement and security cooperation and step up efforts to crack down on terrorism, separatism and extremism.

    China and the five Central Asian countries also cooperate on security issues within the framework of the Shanghai Cooperation Organization (SCO). China is set to host this year’s SCO summit.

    Xi also touched on the situation in the Middle East while holding talks with Uzbek President Shavkat Mirziyoyev. He said China is ready to work with all parties to play a constructive role in restoring peace and stability in the region.

    Xi said all related parties should work to de-escalate tensions in the Middle East as soon as possible and avoid further escalation.

    CHINA-CENTRAL ASIA MECHANISM

    It was decided at the summit that China will host the third China-Central Asia Summit in 2027.

    The meeting of heads of state under the China-Central Asia cooperation mechanism was launched in May 2023 with the inaugural summit held in Xi’an, a historic city in northwest China. At that gathering, leaders agreed to convene the summit every two years, alternating between China and Central Asian countries.

    The mechanism was further institutionalized last year with the establishment of a secretariat in Xi’an.

    The second China-Central Asia Summit in Astana marked the first time the gathering was held in a Central Asian country.

    The Central Asia-China cooperation mechanism is a strategic platform aimed at strengthening cooperation between China and the five Central Asian countries, said Afzal Artikov, chief researcher at the Center for Economic Research and Reforms under the Administration of the President of the Republic of Uzbekistan.

    Since its launch, he said, it has become an important vehicle for advancing cooperation across multiple fields and deepening political, economic and cultural ties between Central Asian nations and China.

    MIL OSI China News

  • MIL-OSI Asia-Pac: Speech by CE at HKEX 25th Anniversary Celebrations (English only) (with video)

    Source: Hong Kong Government special administrative region

    Speech by CE at HKEX 25th Anniversary Celebrations (English only) (with video) 
    Distinguished guests, ladies and gentlemen,
     
    I’m delighted to speak to you in celebrating the 25th anniversary of HKEX.
     
    What a grand day this is for HKEX, the fast-beating heart of the financial community that has been instrumental in powering Hong Kong’s rise these past 25 years. With the resounding support of our country, our financial community, which also includes our world-class regulators and the financial and professional services sector, helps to cement Hong Kong’s place as one of the world’s top three international financial centres.
     
    For HKEX – for all of us – it’s been a remarkable journey. Since HKEX’s listing in 2000, Hong Kong has emerged as a premier global listings destination, with the number of listed companies here rising from 790 to more than 2 600 today.
     
    A few more telling numbers. Over the past quarter of a century, our total market capitalisation has soared six times, while the average daily turnover has increased nine times.
     
    Over the years, Hong Kong has become known, worldwide, as a preferred destination for a great many large and high-profile initial public offerings (IPOs).
     
    This year has been particularly rewarding. Last month, we welcomed the largest global IPO of the year to date. And Hong Kong leads the world in IPO fundraising, with 29 listings and raising nearly US$10 billion in the first five months of the year. That, ladies and gentlemen, is a seven-time growth, year-on-year.
     
    That remarkable surge in IPOs and market turnover also manifests strong global confidence in our financial ecosystem. 
     
    HKEX plays a crucial role, too, in facilitating Hong Kong’s rise as a “super connector” and “super value-adder” between our country and the world at large. This past year, it added Abu Dhabi and Dubai to its list of recognised stock exchanges, which now total 20.
     
    And then there’s the mutual access programmes linking up the markets between Hong Kong and the Mainland, from the expansion of eligible ETFs (exchange-traded funds) under Stock Connect, and the enhancement of mutual recognition of funds arrangement, to the improvement measures for Bond Connect trading, and the recent announcement of plans to expand products under Swap Connect. 
     
    Together, these initiatives have realised deeper, more interconnected financial ties between the Mainland and Hong Kong markets.
     
    Despite today’s global challenges, and the economic chaos they’re creating, the Hong Kong SAR (Special Administrative Region) Government is resolutely committed to working with HKEX and our regulators to boost market liquidity.
     
    I am grateful to HKEX for its unwavering support of the Government’s policy priorities. In the past year, HKEX has adopted a variety of initiatives, including enhancing the specialist technology listing regime, narrowing the trading spread and launching its technology enterprises channel.
     
    Those measures also include maintaining trading under severe weather conditions. That enables investors to manage their portfolios and minimise market risks.
     
    Earlier this year, I am pleased to note, the London Metal Exchange, a wholly-owned subsidiary of HKEX, added Hong Kong as an approved delivery point in its global warehousing network. 
     
    The approval of seven new warehouses here in just a few months is a clear and compelling statement of Hong Kong’s status as an international financial, shipping and trade centre. It will go a long way to supporting our building of a vibrant commodity trading ecosystem in Hong Kong, and attracting more companies to establish a presence here.
     
    Once again, my heartfelt congratulations to HKEX on your silver jubilee – a quarter of a century of outstanding service. Working together, I’m confident we will ensure Hong Kong’s continuing success as one of the world’s surpassing financial centres.
     
    Thank you.
    Issued at HKT 17:45

    NNNN

    MIL OSI Asia Pacific News

  • MIL-OSI Europe: The EBA reviews standardised terminology in relation to payment accounts and concludes it remains fit-for-purpose

    Source: European Banking Authority

    The European Banking Authority (EBA) today published a report, in which it reviewed the standardised terms for the most common services related to payment accounts, as mandated by the Payment Accounts Directive (PAD). These standardised terms, which the EBA had issued in 2018, aim at making it easier for consumers to make informed choices by being able to compare payment accounts fees and offers, including on a cross-border basis. The review finds that the standardised terms remain fit-for-purpose across the European Union.

    The standardised terms are set out in Regulatory Technical Standards (RTS) developed by the EBA in line with the requirements in the PAD. The EBA is required to regularly review those standardised terms. The EBA carried out its review in the first half of 2025 using a methodology that involved assessing recent EU payments laws, collecting information from National Competent Authorities (NCAs), consulting with relevant stakeholders such as the EBA Banking Stakeholder Group (BSG), and analysing internal data from recently published EBA reports.

    The findings of the review indicate that the current list of standardised terms remains suitable and does not require immediate changes. In the review process, the EBA acknowledged that there would be potential benefit for the standardised terms to be amended to include instant credit transfers, due to their increasing prevalence following the implementation of the Instant Payment Regulation (IPR). However, the EBA is of the opinion that the benefit is outweighed by the costs involved, for NCAs and for the industry as a result of the need to make available amended disclosure documents to all of their customers and NCAs. The EBA, therefore, concluded not to amend the RTS and instead to revisit the findings in four years’ time or when significant other market or legislative developments occur to ensure the terminology remains relevant and effective.

    Background and legal basis

    Article 3(4) of the Payment Accounts Directive (PAD) mandates the EBA to draft RTS setting out the Union standardised terminology for those services that are common to at least a majority of Member States. Article 3(6) of the PAD requires the EBA to review and, where necessary, update the standardised terminology.

    The PAD mandates the EBA to regularly review if the standardised terminology in the RTS remains fit-for-purpose and provides clarity and consistency for consumers and stakeholders.

    The RTS adopted by the European Commission as a Delegated Regulation are available here.

    MIL OSI Europe News

  • MIL-OSI Africa: African Energy Week (AEW) 2025 Upstream E&P Track to Foster Dialogue and Deals Amid African Exploration Surge

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

    Amid Africa’s ongoing exploration and production surge, this year’s African Energy Week (AEW): Invest in African Energies conference will host a dedicated Upstream E&P Track. The track – taking place as part of the main conference agenda from September 29 to October 3 – will tackle the most pressing challenges and opportunities across the upstream oil and gas sector, delving into topics such as deepwater development, onshore prospects, the role of independent firms and balancing African priorities with global supply dynamics. As the largest event of its kind on the continent, AEW: Invest in African Energies 2025 represents the platform of choice for Africa’s upstream sector.  

    Africa’s upstream oil and gas sector is on the precipice of significant growth, boosted by a $54 billion capital expenditure drive expected by 2030. Across the continent, both established oil and gas markets and frontier players are seeking capital to bolster production while unlocking new basins in deepwater and onshore basins. The continent’s exploration surge is further supported by growing demand in African markets as well as a rise in global gas imports. The AEW: Invest in African Energies 2025 Upstream E&P Track will explore these shifting dynamics, offering a platform for new exploration and production deals to be signed.  

    AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit http://www.AECWeek.com for more information about this exciting event. 

    To entice greater spending across the upstream sector, many African countries are laying the foundation for new investments by both majors and independent energy companies. A string of licensing rounds is being launched in 2025, offering exploration opportunities across a variety of acreage. Licensing rounds are planned in Angola, the Republic of Congo, Tanzania, Mauritania and South Africa, while Libya, Nigeria, Algeria and Liberia have already launched their respective bid rounds. The Upstream E&P Track will explore the impact of these rounds. Sessions include What’s Next for African Upstream in 2026; Exploration Hotspots; and Basins Without Borders: Unlocking the Full Potential of Cross-Border Basins in the Transform Margin. Additionally, panel discussions will examine emerging prospects in frontier basins, with sessions taking place on Frontier Plays Within Africa’s Mature Basins; Offshore and Deepwater Plays; and Unlocking Africa’s Onshore and Shallow-Water Potential. 

    While global energy majors expand their portfolios in Africa, independent oil and gas firms are taking on a more prominent role in exploration and production. International oil company divestment has opened-up new pathways for African independents, and as such, more companies are taking the lead on asset development. AEW: Invest in African Energies will host panel discussions on The Making of an African Independent; Technology and Innovation: Rethinking Asset Development to Accelerate Upstream Success; as well as Crude Value Benchmarking with Ever-Changing Light, Heavy Balance, exploring opportunities for independents in Africa.  

    Meanwhile, with global gas demand projected to increase 10% between 2021 and 2030, African countries are strategically positioned to accelerate exploration and play a more central role in global supply chains. With over 620 trillion cubic feet of proven gas reserves on the continent – most of which remains under-developed – Africa has a unique opportunity to leverage its resources to produce low-carbon, cost-effective fuel. Panel discussions on Decarbonizing Pathways for African Oil and Gas; The Outlook for Global LNG; and The Role of African LNG in a Dynamic Export Market will address these opportunities, while a session on Beyond Exports: Developing Commercially Viable Domestic Gas Markets, will examine how the continent can leverage its resources for domestic growth.  

    The track will also feature panel discussions on strategic oil and gas markets in Africa, including Algeria, Equatorial Guinea, Angola, and more. These sessions are geared towards companies seeking growth opportunities in proven markets and are expected to unlock new deal-signing and partnerships prospects. Beyond panel discussions, the Upstream E&P Track will feature a series of fireside chats, with participating companies including Renaissance Africa Energy, Northern Ocean, Seplat Energy and more.  

    “Africa’s upstream oil and gas market is witnessing a surge of investment, as operators seek to expand their portfolios and governments target near-term production. Amid this growth, strategic financing gaps have emerged. The AEW: Invest in African Energies 2025 Upstream E&P Track seeks to address these challenges by bringing together major players from the market to engage and sign deals,” says Oré Onagbesan, AEW: Invest in African Energies Program Director. 

    – on behalf of African Energy Chamber.

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    MIL OSI Africa

  • MIL-OSI Africa: Mobile clinics enhance access to health care services in Niger

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

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    In Niger, West Africa’s largest country by land surface, access to health care services is a major challenge. Just one in two people has access to health services. One of the ways to bridge the gap is through mobile clinics in remote areas and deploying medical teams from health districts to villages. 

    Among the main beneficiaries of the initiative are pregnant women. They are now able to receive emergency assistance and care for timely detection of any complications. Mariama, 42, who suffered complications after a fall, is grateful to have received care thanks to a mobile clinic. Ordinarily, she would have had to travel for a whole day to the nearest district health facility in Dosso town from her home in the southwest of Niger. 

    “As I was preparing to make the trip, I was informed of a mobile clinic in our area, and I went there the very next day. The team midwife consulted me and discovered that I had premature rupture of membranes,” she recounts. 

    Under the initiative “mobile clinic teams visit villages that are hard to reach for health care in general and reproductive health services for women and children in particular,” says Nafissatou Salifou Panga, midwife and Reproductive Health Focal Point for Dosso health district. “It is a huge relief that pregnant women are able to benefit from care that detects risks in time and provides them with appropriate care.” 

    Thanks to the care and follow-up she received, Mariama gave birth safely. Like Mariama, 267 pregnant women in Dosso and Filingué districts benefited from mobile clinic consultations in 2024. In all, almost 28 000 people were consulted and 3767 women received reproductive health services. Around 16 000 women were sensitized by community outreach teams on reproductive, maternal and neonatal health in the two districts. In Mariama’s case, the community health teams shared awareness messages that enabled her to be informed in time of the arrival of the mobile clinic.

    By reaching populations far from health centres, the mobile clinic initiative also helps to improve health coverage at district and national levels. For example, the maternal mortality ratio fell from 441 per 100 000 live births in 2017 to 350 in 2023, according to World Bank data. 

    Dr Aissatou Laouali, in charge of the reproductive health programme with World Health Organization (WHO) in Niger, says the initiative helping to accelerate efforts towards health for all. “For vulnerable populations, rapid access to quality health care is vital. Through these initiatives, we hope to move forward in solving the challenges particularly faced by mothers and children living in remote areas.”
    To ensure service quality, the district, in collaboration with WHO, organizes planning meetings and field supervision trips and supports the Ministry of Health and Public Hygiene in improving maternal and child health, in particular by providing technical guidelines, standards and protocols for reproductive, maternal and child health. 

    Other support includes training health workers and improving the facilities in mother-and-child health centres, regional and district hospitals, and integrated health centres. WHO also supports training of health providers to ensure quality of care and health surveillance to curb maternal mortality.  

    Niger has maintained the mobile clinics introduced earlier. In 2024, with support from WHO and donor financing, operational and medical equipment and supply needs of the mobile clinics were catered for. Additionally, 56 health workers and community outreach officers were trained in reproductive health in Dosso and Filingué districts.

    “I was very satisfied with the care provided … I encourage the women in my community to come to the mobile clinic for any health problem,” says Mariama. “If I hadn’t gone to the centre after the incident, I would have had an infection with the risk of losing my baby.”

    – on behalf of WHO Regional Office for Africa.

    MIL OSI Africa

  • Resilient and rising: India in global economic big league

    Source: Government of India

    Source: Government of India (4)

    If we compare growth projections with actual data, Indian economy looks all set to achieve milestones well ahead of schedule. The journey to become the world’s fourth-largest economy, to graduate to third-largest and, ultimately, to attain developed-nation status now appears firmly on track for the coming years.

    The projections-versus-reality data confirm the resilience of its economy, putting it on the growth track, be it swift recovery after the COVID-19 crisis and its global after-effects or other global conflict points. The resilience gives Indian economy a positive push needed for the economic surge. India has emerged as the fastest-growing major economy, keeping inflation largely in check, even as the price pressure marker climbed worldwide and hit a 40-year high in the United States.

    The economic resilience that helps India endure negative outcomes – headwinds such as persistent trade frictions—including reciprocal tariff measures by the United States and global debate around it—and geopolitical shocks such as the Russia-Ukraine war, the Israel–Hamas conflict, and broader West Asian turbulence including the recently started Israel–Iran war.

    While these events are sending aftershocks through a global economy still battered by the pandemic, India’s strong macroeconomic fundamentals, strong infrastructure build-out, healthy financial sector and vast domestic market—underpinned by solid consumer demand, consistent policy, and an improving business climate—the underlying factors behind its resilience—have helped it weather the storm.

    While the global economy, on a whole, decelerates, India has managed to sustain a growth rate above 6 per cent year after year—an unparalleled feat for a major economy in the current gloomy economic scenario.

    Remains a Bright Spot

    Borge Brende, President and Chief Executive Officer of the World Economic Forum, remarked in a recent television interview that India remains a bright spot among the world’s major economies, citing its young, tech-savvy workforce. His interview was done after a WEF analysis that warned that the 2025 global economic outlook was clouded by deep uncertainty. Back in January 2024, he had described India as a bright spot amid global doom.

    The International Monetary Fund echoes this view. Its 2023 World Economic Outlook named India the bright spot in an otherwise gloomy global economic scenario, stressing that the country will be a key driver of growth in the years ahead.

    The World Bank is very bullish on India’s economic growth and will remain so, said Auguste Tano Kouame, the World Bank Country Director for India, in February 2025. India is the shining light in the world, according to World Bank analysts.

    The World Economic Situation and Prospects (WESP), a report released by the United Nations on 15 May 2025, states that while the global economy is slowing down, India remains the only bright spot—a point the IMF had made back in 2022.

    Positive projections followed by assessments—that have been reiterated in credible analytic reports by different global agencies.

    An Economic Resilience that Performs

    According to an EY projection, India is expected to surpass Germany to become the world’s third-largest economy by 2027. The assessment, “India — towards becoming the third-largest economy in the world”, states that India is expected to surpass both Japan and Germany in nominal GDP terms by 2027. The projection to surpass Japan’s economy comes two years in advance—by the 2025 financial year. The EY analysis also estimates that India’s economy will cross the USD 5 trillion mark by that year, with a projected GDP size of USD 5.2 trillion.

    According to the assessment, which compares nominal and PPP international dollar GDPs of six major economies—the United States, China, Japan, Germany, India, and the United Kingdom—from 2022 to projections until 2028—India leads in GDP growth rate. The country is projected to have an 8.7% compound nominal growth rate (between 2022 and 2028), outstripping China’s growth rate of 7.2%, and more than double the United States’ growth rate of 4.1% for the same period.

    In PPP international dollar terms, India is already the third-largest economy, ahead of Japan and Germany, and is fast closing the gap with the United States and China. The EY analysis says India’s PPP economy is expected to register a growth rate of around 8.5% a year and will add nearly USD 7.5 trillion to its economy between 2022 and 2028—equivalent to Japan’s entire current annual PPP output in 2028. By 2028, India will further narrow this gap with China, the country with the largest economy globally in PPP international dollar terms.

    The report further predicts that by 2027, in PPP terms, the United States’ economy will be just 1.7 times larger than the Indian economy, while another EY assessment estimates that by the late 2040s, with a real growth rate of 6 to 7%, India will surpass the United States to become the world’s second-largest economy in PPP terms.

    Another assessment, released by Morgan Stanley in March 2025, suggests India will become the third-largest economy in the world by 2028. According to the global financial services firm, India’s economy is expected to reach USD 4.7 trillion by 2026, overtaking Japan to become the fourth-largest economy. When compared with real data, the country is expected to achieve this milestone sooner.

    By 2028, India is projected to surpass Germany to become the third-largest economy globally, at USD 5.7 trillion. The analysis further states that India’s share in the world’s GDP, currently at 3.5%, is projected to rise to 4.5% by 2029.

    The growth rate of the last quarter—or real GDP growth rate from January 2025 to March 2025—further confirms the resilient nature of the Indian economy. The real growth rate for the last quarter was calculated at 7.4%, outperforming expectations. In nominal GDP terms, the Indian economy was estimated to have expanded by 10.8%. A composite annual growth rate for the year 2024–25, in real GDP terms for the country, was estimated at 6.5%, in line with expectations, while in nominal terms it was estimated at 9.8%.

    According to projections made in another EY analysis, the country’s GDP has the potential to cross the threshold of USD 5 trillion by 2026, USD 10 trillion by 2033, USD 20 trillion by 2042, and USD 30 trillion by 2047 in market exchange terms—a dataset that matches with projections made in India on its developmental journey to become a developed nation by 2047. In PPP terms, by 2047, India’s economy is expected to cross the USD 40 trillion-threshold. Its share in the world GDP is expected to reach 19.6% by that financial year.

    India’s per capita GDP in PPP terms, which was 50% of the world’s average per capita GDP in 2022–23, is expected to become equal to it by the 2040s and 1.5 times higher by 2057.

    According to a Goldman Sachs economic research report released in December 2022 on long-term economic forecasts, China, the US, India, Indonesia, and Germany are projected to be the world’s five largest economies in real GDP terms. By 2075, India is expected to replace the United States to become the second-largest economy behind China.

     

  • PM flags off first export locomotive from Marhowra Plant, Bihar

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi on Friday flagged off a state-of-the-art locomotive built at the Marhowra Plant for export to the Republic of Guinea, under the ‘Make in India’ initiative.

    This marks the first export locomotive manufactured at the plant. These locomotives are equipped with high-horsepower engines, advanced AC propulsion systems, microprocessor-based control systems, and ergonomic cab designs, incorporating features such as regenerative braking technology.

    On the same day, the Prime Minister also flagged off the Vande Bharat Express between Patliputra and Gorakhpur, via Muzaffarpur and Bettiah.

    During a public meeting in Siwan, the Prime Minister was felicitated and laid the foundation stone for multiple development projects across the water, rail, and power sectors.

    To strengthen railway infrastructure in the region, he inaugurated the new Vaishali–Deoria railway line project, worth over ₹400 crore, and flagged off a new train service on this route.

    The Prime Minister also inaugurated six Sewage Treatment Plants (STPs) under the Namami Gange programme, with a total outlay of over ₹1,800 crore. These plants aim to serve the population across the region.

    In addition, he laid the foundation stone for water supply, sanitation, and sewage treatment infrastructure worth over ₹3,000 crore in several towns across Bihar. These projects aim to provide clean and safe drinking water to residents.

    The Prime Minister also laid the foundation stone for a 500 MWh Battery Energy Storage System (BESS) in Bihar. Standalone BESS units will be installed at 15 grid substations across the state, including in Muzaffarpur, Motihari, Bettiah, and Siwan. The capacity of each battery system will range from 20 to 80 MWh. These systems are expected to reduce electricity procurement costs for distribution companies by supplying stored energy to the grid during peak demand, ultimately benefiting consumers.

    The Prime Minister also released the first instalment to more than 53,600 beneficiaries under the Pradhan Mantri Awas Yojana – Urban (PMAY-U) in Bihar. He handed over keys to a few beneficiaries as part of the Grih Pravesh ceremony for over 6,600 completed houses under the scheme.

  • PM flags off first export locomotive from Marhowra Plant, Bihar

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi on Friday flagged off a state-of-the-art locomotive built at the Marhowra Plant for export to the Republic of Guinea, under the ‘Make in India’ initiative.

    This marks the first export locomotive manufactured at the plant. These locomotives are equipped with high-horsepower engines, advanced AC propulsion systems, microprocessor-based control systems, and ergonomic cab designs, incorporating features such as regenerative braking technology.

    On the same day, the Prime Minister also flagged off the Vande Bharat Express between Patliputra and Gorakhpur, via Muzaffarpur and Bettiah.

    During a public meeting in Siwan, the Prime Minister was felicitated and laid the foundation stone for multiple development projects across the water, rail, and power sectors.

    To strengthen railway infrastructure in the region, he inaugurated the new Vaishali–Deoria railway line project, worth over ₹400 crore, and flagged off a new train service on this route.

    The Prime Minister also inaugurated six Sewage Treatment Plants (STPs) under the Namami Gange programme, with a total outlay of over ₹1,800 crore. These plants aim to serve the population across the region.

    In addition, he laid the foundation stone for water supply, sanitation, and sewage treatment infrastructure worth over ₹3,000 crore in several towns across Bihar. These projects aim to provide clean and safe drinking water to residents.

    The Prime Minister also laid the foundation stone for a 500 MWh Battery Energy Storage System (BESS) in Bihar. Standalone BESS units will be installed at 15 grid substations across the state, including in Muzaffarpur, Motihari, Bettiah, and Siwan. The capacity of each battery system will range from 20 to 80 MWh. These systems are expected to reduce electricity procurement costs for distribution companies by supplying stored energy to the grid during peak demand, ultimately benefiting consumers.

    The Prime Minister also released the first instalment to more than 53,600 beneficiaries under the Pradhan Mantri Awas Yojana – Urban (PMAY-U) in Bihar. He handed over keys to a few beneficiaries as part of the Grih Pravesh ceremony for over 6,600 completed houses under the scheme.

  • MIL-OSI Russia: Polytechnic University strengthened its position in the international QS World University Rankings

    Translation. Region: Russian Federal

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

    The results of the QS World University Rankings by the British company Quacquarelli Symonds have been published. This year, 1,501 universities from 106 countries of the world were included in the ranking. It is worth noting that at the moment, the general trend of participation of Russian universities shows negative dynamics. Currently, Russia is represented in the ranking by 40 universities, which is 7 universities less than last year. Peter the Great St. Petersburg Polytechnic University retained its position among domestic universities, ranking 12th in Russia and 609th in the world.

    Peter the Great Polytechnic University showed steady growth in all rating indicators, with a particularly strong jump noted in the Sustainable Development criterion — plus 40.4 points. It was this positive dynamic that led to an increase in SPbPU’s overall score and allowed it to strengthen its position in the rating.

    Sustainable development is the university’s contribution to the quality of life of society, and our Polytechnic University is really successful in this. It is gratifying that experts note our progress in criteria directly related to the social sphere, technological development and improving people’s living standards. Recognition by QS, as well as other rating agencies, assessing the contribution of universities to achieving the Sustainable Development Goals (SDGs), confirms the effectiveness of our work, noted SPbPU Rector Andrey Rudskoy.

    The growth of Polytechnic University’s indicators in the QS WUR ranking is the result of the coordinated and systematic work of all institutes and departments of our university. I would like to note that despite the global difficulties, our academic reputation is growing, that is, researchers from other countries recognize the contribution of our university to science and education, – comments Vice-Rector for Human Resources Policy Maria Vrublevskaya.

    The QS World University Rankings assess universities based on a number of indicators, each of which to varying degrees determines a university’s position in the ranking. The main indicators include the academic reputation of the university, the ratio of faculty to students, and the university’s reputation with employers. In addition, the ranking evaluates citation indicators, sustainability, the proportion of international students and international faculty.

    You can find more detailed information about the rating results follow the link.

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

    MIL OSI Russia News

  • MIL-OSI China: Shanghai Animation Film Studio, Disney Studios China team up for ‘Zootopia’ promotional shorts

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

    Shanghai Animation Film Studio (SAFS) and Disney Studios China are joining forces for “A Day in the Life of Zootopia,” a collection of four animated shorts spotlighting fan-favorite characters from Disney’s blockbuster “Zootopia,” the two companies announced Thursday in Shanghai.

    (From left) Directors Wu Wencong and Fan Wen; Zhang Ming, senior vice president and managing director of The Walt Disney Company (China) Co., Ltd.; Wang Jun, chairwoman of Shanghai Film Group Corporation; and directors Liu Hu and Chen Lianhua pose for a group photo at a press event in Shanghai, June 19, 2025. [Photo by Zhang Rui / China.org.cn]

    The four shorts will be released nationwide across major social media and video platforms in November 2025, coinciding with the global premiere of “Zootopia 2.”

    To showcase never-before-seen sides of the animal metropolis in a fresh and locally relevant way, four Chinese animators and their teams from SAFS will each bring a unique approach to the project. Each team will employ a distinct style of traditional Chinese animation — stop-motion, ink wash, 2D and paper-cut animation.

    “In this collaboration with Disney Studios China, we will blend Eastern and Western cultures, using diverse traditional Chinese animation techniques to creatively reimagine globally beloved characters,” said Wang Jun, chairwoman of Shanghai Film Group Corporation. “This will provide audiences with a fresh visual experience.”

    “We hope future cross-cultural collaborations will allow us to share compelling stories and iconic animated characters with more viewers worldwide,” Wang noted.

    The executive said working with Disney felt like a natural next step. “At SAFS, we’ve always maintained an open approach, collaborating with all animation creators committed to quality content. Together, we strive to create outstanding works for audiences,” she said. “This partnership came at the perfect time — it was both inevitable and opportune.”

    Zhang Ming, senior vice president and managing director of The Walt Disney Company (China) Co., Ltd., said, “We are thrilled to partner with Shanghai Animation Film Studio to present a series of delightful shorts set in the widely loved world of ‘Zootopia.’

    “Using authentic local artistic techniques, these stories transform moments from the everyday lives of today’s youth into animated tales that bring smiles to everyone,” she added.

    Zhang said she watched SAFS classics such as “The Monkey King: Uproar in Heaven” as a child, and that these works have become cherished memories for generations of Chinese viewers.

    “These outstanding animated works made me appreciate the emotional power of storytelling and their cultural significance,” she said.

    Posters for four “Zootopia” shorts. [Image courtesy of Disney Studios China & Shanghai Animation Film Studio]

    The project brings popular characters from the film into contemporary Chinese settings through four animated shorts, each in a distinct style.

    Wu Wencong’s stop-motion short, “A Fur-Tive Exchange,” features Mr. Big in a snowy rendezvous with a clandestine business associate. Fan Wen’s ink wash animation, “Super-Leopard Delicious,” follows Officer Clawhauser on a culinary adventure. Liu Hu’s 2D short, “Concert Paws,” shows superfans Duke Weaselton and Finnick scrambling for Gazelle concert tickets. Chen Lianhua’s paper-cut animation “You Ashleep Yet?” depicts former Assistant Mayor Bellwether struggling with insomnia. Each short reimagines the “Zootopia” universe for Chinese audiences using a unique animation technique.

    Chen Lianhua, an animation director, comic artist and instructor at the Animation School of the Beijing Film Academy, serves as general director of the four shorts. He said the team focused on strong storytelling while remaining faithful to the original character designs, working closely with Disney throughout the project.

    Chen further revealed that each short will be about 90 seconds long, as “the highly stylized form of animation is especially suited to short formats.”

    The original animated feature “Zootopia” grossed $1 billion worldwide, including 1.53 billion yuan ($236 million) in China, making it the most successful foreign animated film in the country. The film’s popularity led to the opening of the world’s first Zootopia-themed land at Shanghai Disney Resort in late 2023. 

    MIL OSI China News

  • MIL-OSI Video: What is a tariff in simple terms? And who pays for tariffs?

    Source: European Commission (video statements)

    What is a tariff in simple terms? nd who pays for them? And why is the European Commission—not individual EU countries—handling trade negotiations?

    In this video, we explain how tariffs work using concrete examples, such as imported shoes and a real-life “Chicken War” between the EU and the US.

    You’ll learn:

    00:16 What tariffs are and how they function
    01:05 Who actually bears the cost (spoiler: it’s not always who you think)
    01:21: What is the essence of tariffs? Chickens vs. cars
    01:47 Why the European Commission negotiates trade deals on behalf of all 27 EU Member States
    02:52 How trade agreements impact consumers, businesses, the environment, and international relations

    From taxes on chicken in the 1960s to today’s powerful EU single market, this explainer shows why trade policy matters — and how it affects you as an EU citizen.

    Watch on the Audiovisual Portal of the European Commission: https://audiovisual.ec.europa.eu/en/video/I-274087
    Follow us on:
    -X: https://twitter.com/EU_Commission
    -Instagram: https://www.instagram.com/europeancommission/
    -Facebook: https://www.facebook.com/EuropeanCommission
    -LinkedIn: https://www.linkedin.com/company/european-commission/
    -Medium: https://medium.com/@EuropeanCommission

    Check our website: http://ec.europa.eu/

    https://www.youtube.com/watch?v=ICnPxB1a0gY

    MIL OSI Video

  • MIL-OSI United Kingdom: First students graduate from Aberdeen and South China Normal University joint institute The first cohort of students from the University of Aberdeen and South China Normal University’s Joint Institute have graduated at a special ceremony.

    Source: University of Aberdeen

    The first cohort of students from the University of Aberdeen and South China Normal University’s Joint Institute have graduated at a special ceremony.
    Around 180 students from the Aberdeen Institute of Data Science and Artificial Intelligence at South China Normal University (SCNU) received their degrees during the event held in Guangdong Province on June 19.
    The students graduated from three four-year undergraduate BSc programmes in Artificial Intelligence, Computing Science, and Business Management and Information Systems while friends and family watched on.
    The Joint Institute, located on SCNU’s vibrant Foshan campus, was the result of long-established links between the two universities, having collaborated on joint programmes in Real Estate, Finance and Computing Science over almost 20 years.

    The Joint Institute was set up after years of successful collaboration and partnership with SCNU and supports the University of Aberdeen’s ambitions to expand our international networks and partnerships.” Professor Siladitya Bhattacharya

    The Joint Institute has experienced rapid growth since its inception in 2021 reflecting its commitment to high-standard education and cutting-edge research.
    Professor Peter Edwards, Acting Senior Vice-Principal said: “Having been involved from the earliest days of the design and planning of the Aberdeen Institute of Data Science and Artificial Intelligence at South China Normal University, and as a Computer Scientist myself, it was wonderful to be able to join our new graduates as they celebrated the outcome of four years of hard work.”
    Professor Siladitya Bhattacharya, Vice-Principal (Global Engagement) said: “The Joint Institute was set up after years of successful collaboration and partnership with SCNU and supports the University of Aberdeen’s ambitions to expand our international networks and partnerships.
    “We have already seen excellent growth here, with students attracted to our collaborative, interdisciplinary approach and industry engagement which ensures our graduates are well-prepared to tackle global challenges and drive future technological advancements. We look forward to its continuing success.”

    Related Content

    MIL OSI United Kingdom

  • MIL-OSI China: 23 held accountable for fatal coal mine accident in northeast China

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

    A total of 23 people are deemed to be responsible for a coal mine accident in May 2024, which caused five fatalities in northeast China’s Heilongjiang Province, an investigation report said on Friday.

    The accident occurred on May 20 at the Xing’an coal mine of the Hegang mining company under the Heilongjiang Longmay Group. Nine people were trapped, with four of them later rescued.

    An investigation team was established the next day to determine the cause of the accident. According to the report, the direct cause of the accident was identified as the illegal use of grouting pipes to inject liquid carbon dioxide during the disposal of spontaneous combustion hazards. Rubber gaskets connecting the pipes became brittle and damaged at low temperatures, causing liquid carbon dioxide to leak and form high concentrations of carbon dioxide gas — which led to the asphyxiation of workers.

    The accident caused direct economic losses amounting to nearly 9.6 million yuan (about 1.3 million U.S. dollars). The investigation team has proposed suggestions for the handling of the 23 responsible individuals and related units.

    MIL OSI China News

  • MIL-OSI Asia-Pac: Hong Kong’s Balance of Payments and International Investment Position statistics for first quarter of 2025

    Source: Hong Kong Government special administrative region

         The Census and Statistics Department (C&SD) released today (June 20) the preliminary Balance of Payments (BoP) and International Investment Position (IIP) statistics of Hong Kong for the first quarter of 2025. This release also included the preliminary External Debt (ED) statistics of Hong Kong for the same period.

    I. Balance of Payments 
         Statistics on BoP, IIP and ED for the first quarter of 2025 are preliminary figures, which are subject to revision upon the availability of more data.

    MIL OSI Asia Pacific News

  • MIL-OSI: Bitcoin Solaris Enters Final Weeks of Presale with Explosive Growth and Mobile Mining Breakthrough

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, June 20, 2025 (GLOBE NEWSWIRE) — Bitcoin Solaris (BTC-S), a next-generation blockchain project focused on scalability, energy efficiency, and mobile accessibility, has officially entered the final weeks of its presale, marking a pivotal moment for early adopters. With the presale set to close on July 31, momentum is surging as thousands of users join what’s quickly becoming one of the most talked-about launches in the crypto space.

    At the heart of Bitcoin Solaris is a mission to create a blockchain that’s not only high-speed and secure but also accessible to everyday users. Designed with mobile-first infrastructure and built on a dual-consensus model, BTC-S is setting the stage for a blockchain ecosystem capable of supporting real-world use cases—from decentralized finance (DeFi) and NFTs to tokenized real estate and e-voting.

    The Engine Behind Bitcoin Solaris: Power Meets Practicality

    Bitcoin Solaris doesn’t just promise innovation, it delivers it at the protocol level. By combining a dual-consensus mechanism and mobile-first scalability, BTC-S brings a completely modernized architecture to the table.

    Here’s how it breaks away from outdated networks:

    • Hybrid Consensus: The network integrates Proof-of-Work (PoW) for security and decentralization, while its Solaris Layer uses Delegated Proof-of-Stake (DPoS) to accelerate throughput and reduce energy usage.
    • Validator Rotation: The system replaces validators every 24 hours, using a slashing mechanism to penalize underperformers, which ensures network health and prevents centralization.
    • Energy Efficient by Design: With lower block production costs and sustainable mobile mining through the upcoming Solaris Nova app, Bitcoin Solaris is aligned with the future of eco-conscious crypto.

    The performance is unmatched in its tier:

    • Up to 100,000 TPS on the Solaris Layer with 2-second finality
    • Base Layer supports 3,000 TPS, optimizing smart contract and cross-layer interactions

    Smart Contracts at Lightning Speed See Why Developers Love BTC-S

    A Wealth-Building Engine for the Mobile Generation

    At the core of BTC-S’s mass appeal is its accessibility. The upcoming Solaris Nova app introduces mobile mining, allowing users to participate using just their smartphones, no expensive rigs, no complicated setups. You can estimate potential earnings through their mining calculator, showing exactly how BTC-S plans to bring mining rewards back to the people.

    This seamless user experience is one of the key reasons the project is catching fire. Unlike Bitcoin, which requires industrial-scale hardware to earn a fraction of a coin, Bitcoin Solaris is opening the gates for everyday investors to benefit directly from the network’s growth.

    Real-World Utility Backed by Robust Infrastructure

    Bitcoin Solaris is more than just a fast network. It’s built for real-world adoption, including support for:

    • Smart contracts built on a Rust-based environment
    • DeFi, NFTs, tokenized real estate, healthcare data, and even e-voting mechanisms
    • Seamless integration with Solana tools to drive early dApp development and adoption

    The dual-layer architecture also enhances privacy via optional Zero-Knowledge Proofs and protects against 51% and long-range attacks, making BTC-S a secure, high-speed alternative for serious developers and investors alike.

    Security and transparency are reinforced by successful audits from both Cyberscope and Freshcoins, giving investors confidence in its infrastructure.

    The Presale Frenzy: Numbers Don’t Lie

    Bitcoin Solaris is currently in Phase 8 of its presale, priced at just $8. With a launch price set at $20, and less than 7 weeks left until it ends on July 31, the clock is ticking.

    • Over $5M raised
    • 150% potential return
    • 11,500+ users have already joined
    • One of the shortest and most explosive presales in crypto history

    Visit the Bitcoin Solaris site now before it enters Phase 9. Momentum is growing fast, just check crypto YouTube channels. Influencers like Ben Crypto and 2Bit Crypto have each done a full breakdown of why this is one of the most exciting crypto launches this year.

    Why Bitcoin Solaris Could Make Its Early Backers Rich

    There’s no one-size-fits-all in crypto, but Bitcoin Solaris is checking all the right boxes for those hunting high-upside projects:

    • Groundbreaking architecture with scalability, security, and efficiency
    • A mobile mining model designed for mass adoption
    • A reward system structured to benefit long-term participants
    • Backed by solid audits, a fast-growing community, and transparent development

    More than just a presale buzzword, BTC-S represents the kind of practical, accessible crypto opportunity that’s been missing from the market for years. The fact that the network is designed to reward real usage, not just holding, means that early adopters stand to gain much more than just token appreciation.

    As excitement builds and new features continue to roll out, Bitcoin Solaris is proving it’s not here to follow Bitcoin, it’s here to outshine it.

    For more information on Bitcoin Solaris:
    Website: https://www.bitcoinsolaris.com/
    Telegram: https://t.me/Bitcoinsolaris
    X: https://x.com/BitcoinSolaris

    Media Contact:
    Xander Levine
    press@bitcoinsolaris.com
    Press Kit: Available upon request

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

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