Source: Moscow Government – Government of Moscow –
Representatives from 20 countries gathered at the XIX International Media Forum of Young Journalists “Dialogue of Cultures”, which was held in Moscow in May. Bloggers, journalists, directors, producers, cameramen and correspondents visited the sites of the Moscow film cluster. They noted the support measures introduced by the Moscow Government for foreign filmmakers to attract them to the capital, including a rebate system – compensation for part of the costs of filming.
The guests visited the main sites of the Moskino cinema park, including the Center of Moscow, Cowboy Town, Chroma Key, TU-154 Airplane, Berlin Streets, Moscow Cathedral Square and Prince Andrey’s Chambers, Far Eastern City, Moscow of the 1940s, Remote Village, and County Town, and assessed its scale and capabilities.
“The most important feature of the cinema park is the large number of sites for creating projects on a variety of topics. Here you can shoot science fiction films using natural chroma key, and historical films, filming on the sites of “Cathedral Square”, “Streets of Berlin” and “Moscow of the 1940s”. Each set is made with authenticity and close attention to detail. This is a large-scale project that has no equal in Europe. Relations between Russia and India are strengthening and developing every year, so I hope that our partnership will bring interesting joint projects,” said director Arun Chadha from India.
The international delegation also visited the oldest and largest film production company, the Gorky Film Studio, which is celebrating its 110th anniversary this year. By the end of 2025, its area will increase to 100 thousand square meters.
“Moscow is a city where you can and should shoot films, there is everything for this. I really liked the sites of the Moscow film cluster, which I managed to visit, there are very few like it in other capitals of the world, I would even say, only a few. A unique project has been created in Moscow. We need to make films about this,” Serbian documentary filmmaker Milan Jankovic noted the uniqueness of the Moscow infrastructure for filming.
He was supported by Turkish director Muhammet Beyazdag.
“I am impressed by the meeting with Moskino and the capabilities of the Russian capital for creating film projects. The Moscow film cluster allows film industry professionals from all over the world to shoot films of any complexity, to implement any ideas. The city’s film sites amaze with their scale and uniqueness. I want to tell Turkish filmmakers about this,” Beyazdag Muhammet emphasized.
In early May, directors also visited the Moscow film cluster facilities Oliver Stone And Emir Kusturica, who plans to shoot his films in the Moskino cinema park.
The Russian capital has provided support measures for foreign filmmakers. Since April 1, a grant has been in effect for the production of international films in Moscow. Film crews consisting of Moscow and foreign film companies can apply for it. Industry representatives will be able to reimburse up to 30 percent of film production costs. The maximum payment for one project will be 50 million rubles. The new support measure will expand the capabilities of the Moscow film cluster and make the city even more attractive to international market players.
The Moskino cinema park is part of Sergei Sobyanin’s “Moscow – City of Cinema” project and an object of the Moscow cinema cluster, which is being developed by the capital Department of Culture. The first stage of creation has already been completed here: 24 natural sites, four pavilions and six infrastructure facilities have been built, including the sets “Center of Moscow”, “Moscow of the 1940s”, “Vitebsk Station”, “Cathedral Square of Moscow”, “County Town”, “Cowboy Town”, “St. Petersburg Bar” and others. On weekends and holidays, the cinema park hosts staged filming, concerts, music and film festivals, performances, meetings with filmmakers and professional master classes.
The Moscow Film Cluster is an infrastructure facility, services and facilities for filmmakers, which are being developed by the Moscow Government within the framework of the Moscow — City of Cinema project. Its structure includes the Moskino film park, the Gorky Film Studio (sites on Sergei Eisenstein Street and Valdaisky Proyezd), the Moskino film factory, the Moskino cinema chain, the film commission and the Moskino film platform.
Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.
Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect
Source: Moscow Government – Government of Moscow –
Muscovites held more than 22 thousand general meetings of owners (GMO) on the platform “Electronic House”With their help, they choose a management company, make decisions about closing the garbage chute and major repairs, installing surveillance cameras and other important issues.
Since March “Electronic House” became one of two information systems where citizens can hold general meetings of owners online. The platform’s experts help them organize such meetings. They provide detailed advice on the preparation and holding of general meetings of owners, their agenda, and other issues.
How to consult with specialists
Apartment owners can get advice by calling 7 499 652-62-11 and stating their address. Platform operators will tell you about current meetings in the building, explain how to register in the system, take part in electronic voting and express a position on important issues. In addition, if necessary, specialists will explain how to initiate a new general meeting of owners.
At the request of owners, Electronic House experts also hold face-to-face meetings and online consultations (the event lasts from one to three hours, depending on the number of people present). Residents are shown the platform’s functionality in detail, told about the organization of general meetings of owners and additional opportunities. The time and format of the meetings are chosen taking into account the wishes and capabilities of the residents of a particular house. Such consultations help to attract even more neighbors to participate in the voting.
Support at every stage
The platform’s specialists provide special support to initiators and administrators of meetings. These can be owners of premises in an apartment building.
To hold a general meeting of owners on the Electronic House platform, you need to enter the address in a special section, confirm your ownership and submit an application. On the Electronic House website, you need to go to the section “Owner surveys and meetings”, click the button “New survey / General meeting of owners of premises in an apartment building”. Users of the mobile application will find the section “Surveys and meetings of owners” in the “More” block. It remains to specify the address and select the type of survey – “General meeting of owners of premises in an apartment building”.
If the initiator encounters any difficulties at the application stage, he/she can contact the platform experts. They will give recommendations on how to change the questions in the form or what question to add so that the decisions made at the meeting are legitimate.
The application for holding a general meeting of owners will be reviewed within five working days. If it is not approved, the initiator will have the opportunity to consult with experts, adjust the application and re-submit. Next, it is necessary to inform the neighbors about the upcoming electronic voting 10 working days before it starts, so that everyone has time to familiarize themselves with the agenda.
After the application is approved and on the day of the general meeting of owners, all owners whose phones are in the state information systems will receive a notification of the meeting via SMS and e-mail, and users of the Electronic House will additionally see a message in the news feed and receive a push notification. informing residents mos.ru reported earlier.
If any of the neighbors are not ready to vote online, the meeting administrator prints out the ballots and distributes them among the residents. The completed document form will be automatically generated in the administrator’s personal account (in the “Polls and meetings of owners” section, in the “My OSS” tab). Upon request, the “Electronic House” employees will help organize a joint door-to-door visit to explain the agenda and hand out ballots to neighbors. For all questions related to organizing such visits, please call: 7 499 652-62-11.
For the convenience of Muscovites, the platform also has special page, where you can learn about the advantages of conducting electronic voting in the system. There are also examples of the ballot and protocol, recommendations and step-by-step instructions that will help when organizing a meeting. Useful information is also available in “Knowledge Base” project.
“Electronic House” — a comprehensive multifunctional platform for managing an apartment building online. On the platform, you can quickly resolve issues with the management organization, conduct surveys of residents, communicate with neighbors in common and personal chats, transmit meter readings and pay utility bills. The platform began operating in November 2020. The project is being developed by the State Institution “New Management Technologies” together with Department of Information Technology of the City of Moscow.
The creation, development and operation of the e-government infrastructure, including the provision of mass socially significant, as well as other services in electronic form, corresponds to the objectives of the national project“Data Economy and Digital Transformation of the State” and the regional project of the city of Moscow “Digital Public Administration”.
Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.
Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect
NEW YORK, June 17, 2025 (GLOBE NEWSWIRE) — Button, the creator commerce and retail media platform, today announced its newest innovation, “Creator Media,” in a groundbreaking partnership with leading creator companies. The new solution was officially unveiled today at the Cannes Lions International Festival of Creativity, where one year ago, Button introduced its innovative Retail Media Inventory Solution in partnership with industry giants. Today marks the exciting expansion of that product. Button has extended the same infrastructure beyond retailers and publishers, now to creators and networks, connecting the dots between content, commerce, and conversion.
This announcement follows a strategic growth investment from PSG, a leading growth equity firm that specializes in partnering with software and technology-enabled services companies to capitalize on transformational growth.
Button’s announcement of Creator Media capitalizes on the explosive growth of both the creator economy, currently estimated at over $250 billion, and the rapidly expanding retail media sector, which is expected to surpass $180 billion in market size in 2025. These advancements have been driven by brands increasingly prioritizing reaching users and seeking to find high-intent offsite partners that will re-engage users and drive brand sales.
Creator Media, powered by Button and in partnership with a collection of industry leading creator companies, seamlessly integrates retail media strategies into creator content – enabling brands, sellers, and the manufacturers of products to connect performance budgets to creators.
Creator Media and the interest surrounding this launch validate that the largest trends of the year are combining. This convergence is fostering a tidal wave of change and opportunity, bigger than what the advertising industry has seen since the advent in mobile.
By enabling creator networks and their creators to have unprecedented opportunities to monetize their influence by driving measurable sales of brands, sellers, and manufacturers’ products, a new opportunity for growth is emerging for creators. In the same way, brands gain access to authentic and engaging content from trusted voices, enhancing their exposure in performant and transparent ways that were previously hard to scale.
“The launch of Creator Media marks a pivotal moment in recognizing the immense value creators bring to the commerce landscape,” said Michael Jaconi, Co-Founder and CEO of Button. “By introducing this capability, we’re betting on our role as an underpinning of this economy – one built to help creator networks, creator agencies, and their retail partners unveil new ways to create more value together. We see ourselves as the infrastructure of the creator economy, and every day, we’re inventing solutions that give our creator platform partners and our retail partners more ways to grow.”
Evan Wray, President at Later, shared, “Button is always pushing the envelope on innovation and testing of new concepts in the market. The combination of brand and seller budgets alongside creators’ high intent traffic is a recipe for success that Later and Mavely is excited to be building upon.”
Sam Else, Senior Director of Business Development at Linktree, shared, “After integrating Button into our Linktree Shops program, the conversion rate on product purchases increased, enabling creators on our platform to make more money.”
What is Creator Media?
Button’s newest feature leveraging the Button infrastructure, enabling retail media inventory and retail media powered links from these 3 marketer types to be seamlessly enabled in Creators’ campaign creation processes.
How it works for users?
While users are shopping, they’ll either see new content on creator pages through sponsored content widgets or through landing pages that populate along their shopping journeys. These experiences provide access to products that complement their current shopping experience.
How it works for Creators?
As creators create content, they’ll be prompted with specific Creator Media campaigns that are relevant to the content they’ve created in the past or that they’re in the process of creating. At the tap of a Button, they’ll be able to activate these campaigns.
How it works for Marketers?
Today’s program is a closed beta, and companies that partner with Underscore, The Shelf, Mavely, and Linktree are the only companies with access today. If you’d like to participate, please reach out to marketing@usebutton.com.
About Button
Button is the leading mobile commerce and retail media platform built for the creator economy. Powering frictionless commerce experiences between the world’s largest retailers, publishers, and creator networks, Button is one of the largest independent drivers of commerce on the internet. Button drives over $1B in commerce per month, and has been named a best place to work every year since its founding. It’s now backed by PSG, one of the world’s most renowned growth equity companies.
About PSG
PSG is a growth equity firm that partners with software and technology-enabled services companies to help them navigate transformational growth, capitalize on strategic opportunities, and build strong teams. Having backed more than 150 companies and facilitated over 520 add-on acquisitions, PSG brings extensive investment experience, deep expertise in software and technology, and a firm commitment to collaborating with management teams. Founded in 2014, PSG operates out of offices in Boston, Kansas City, London, Madrid, Paris, and Tel-Aviv.
Municipality Finance Plc Stock exchange release 17 June 2025 at 10:00 am (EEST)
Municipality Finance issues EUR 10 million zero coupon notes under its MTN programme
Municipality Finance Plc issues EUR 10 million zero coupon notes on 18 June 2025. The maturity date of the notes is 18 June 2065. MuniFin has a right, but no obligation, to redeem the notes early on 18 June 2035.
The notes are issued under MuniFin’s EUR 50 billion programme for the issuance of debt instruments. The offering circular and the final terms of the notes are available in English on the company’s website at https://www.kuntarahoitus.fi/en/for-investors.
MuniFin has applied for the notes to be admitted to trading on the Helsinki Stock Exchange maintained by Nasdaq Helsinki. The public trading is expected to commence on 18 June 2025.
Goldman Sachs Bank Europe SE acts as the dealer for the issue of the notes.
MUNICIPALITY FINANCE PLC
Further information:
Joakim Holmström Executive Vice President, Capital Markets and Sustainability tel. +358 50 444 3638
MuniFin (Municipality Finance Plc) is one of Finland’s largest credit institutions. The owners of the company include Finnish municipalities, the public sector pension fund Keva and the State of Finland. The Group’s balance sheet is over EUR 53 billion.
MuniFin builds a better and more sustainable future with its customers. MuniFin’s customers include municipalities, joint municipal authorities, wellbeing services counties, corporate entities under their control, and non-profit organisations nominated by the Housing Finance and Development Centre of Finland (ARA). Lending is used for environmentally and socially responsible investment targets such as public transportation, sustainable buildings, hospitals and healthcare centres, schools and day care centres, and homes for people with special needs.
MuniFin’s customers are domestic but the company operates in a completely global business environment. The company is an active Finnish bond issuer in international capital markets and the first Finnish green and social bond issuer. The funding is exclusively guaranteed by the Municipal Guarantee Board.
The information contained herein is not for release, publication or distribution, in whole or in part, directly or indirectly, in or into any such country or jurisdiction or otherwise in such circumstances in which the release, publication or distribution would be unlawful. The information contained herein does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, any securities or other financial instruments in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction.
This communication does not constitute an offer of securities for sale in the United States. The notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or under the applicable securities laws of any state of the United States and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.
After days of sweltering heat and high humidity, relief is finally in sight for Bihar, with the southwest monsoon set to arrive via Purnea and Kishanganj within the next 48 hours, according to the Meteorological Centre in Patna.
The India Meteorological Department (IMD) has issued an orange alert for several districts in North Bihar, warning of heavy rainfall, thunderstorms, and lightning.
Over 20 districts, including Patna, Gaya, Bhagalpur, Munger, East and West Champaran, Siwan, Saran, and Katihar, are likely to receive light to moderate rainfall in the coming days.
Heavy rain warnings are specifically in place for Sitamarhi, Madhubani, Supaul, Araria, and Kishanganj, where thunderstorms accompanied by winds reaching speeds of 40-50 kmph are expected.
Rainfall recorded in the past 24 hours has further confirmed the onset of the monsoon.
Notable rainfall figures include Bikramganj (Rohtas) – 30 mm; Raghunathpur (Siwan) – 25.6 mm; and Hathwa (Gopalganj) – 20.8 mm
Despite the rain, Chhapra remained the hottest place at 41.1 degrees Celsius, though temperatures dipped slightly in about 20 districts.
The Disaster Management Department has issued advisories urging people to avoid open areas and refrain from standing under trees during lightning or thunderstorms.
The IMD has further warned of thunderstorms and gusty winds on June 17 in the districts of West Champaran, Siwan, Gopalganj, Kishanganj, Katihar, Bhagalpur, Banka, Nawada, Gaya, and Rohtas.
Residents have been advised to stay indoors during inclement weather, avoid standing near electric poles or trees, and stay updated with local weather alerts.
With easterly, moisture-laden winds intensifying, the IMD expects the monsoon to become fully active across Bihar by June 17-18, bringing consistent rainfall and a noticeable drop in temperatures across the state.
After days of sweltering heat and high humidity, relief is finally in sight for Bihar, with the southwest monsoon set to arrive via Purnea and Kishanganj within the next 48 hours, according to the Meteorological Centre in Patna.
The India Meteorological Department (IMD) has issued an orange alert for several districts in North Bihar, warning of heavy rainfall, thunderstorms, and lightning.
Over 20 districts, including Patna, Gaya, Bhagalpur, Munger, East and West Champaran, Siwan, Saran, and Katihar, are likely to receive light to moderate rainfall in the coming days.
Heavy rain warnings are specifically in place for Sitamarhi, Madhubani, Supaul, Araria, and Kishanganj, where thunderstorms accompanied by winds reaching speeds of 40-50 kmph are expected.
Rainfall recorded in the past 24 hours has further confirmed the onset of the monsoon.
Notable rainfall figures include Bikramganj (Rohtas) – 30 mm; Raghunathpur (Siwan) – 25.6 mm; and Hathwa (Gopalganj) – 20.8 mm
Despite the rain, Chhapra remained the hottest place at 41.1 degrees Celsius, though temperatures dipped slightly in about 20 districts.
The Disaster Management Department has issued advisories urging people to avoid open areas and refrain from standing under trees during lightning or thunderstorms.
The IMD has further warned of thunderstorms and gusty winds on June 17 in the districts of West Champaran, Siwan, Gopalganj, Kishanganj, Katihar, Bhagalpur, Banka, Nawada, Gaya, and Rohtas.
Residents have been advised to stay indoors during inclement weather, avoid standing near electric poles or trees, and stay updated with local weather alerts.
With easterly, moisture-laden winds intensifying, the IMD expects the monsoon to become fully active across Bihar by June 17-18, bringing consistent rainfall and a noticeable drop in temperatures across the state.
On Monday, the federal government announced new rules to boost safety in the early childhood sector.
From September there will be mandatory reporting of any allegations or incidents of child physical or sexual abuse within 24 hours. Currently there is a seven-day window.
On top of this, vapes will be banned from all early childhood services and there will be “stronger protections” around the photographing and filming of children. Services will be need to have clear policies on taking photos and videos of children, parent consent, CCTV use and using service-issued devices.
Next week, Australia’s education ministers will meet to discuss what else can be done to improve safety in childcare services. What do they need to consider?
What has happened so far?
This week’s changes stem from a 2023 review by the national early childhood quality authority, which highlighted serious concerns about childcare safety.
This found increasing reports of critical incidents in services relating to inappropriate discipline, inadequate supervision and harmful sexual behaviours.
Education Minister Jason Clare explained he set up the review, prompted by concerns for children’s safety. This included allegations of multiple cases of abuse by a former childcare worker.
But stories of mistreatment and neglect in childcare services have continued – with the ABC reporting cases of shocking abuse in some childcare centres this year.
Too many incidents
The national childcare quality authority reports there has been a slow but steady increase in the rate of confirmed breaches and reporting of serious incidents in the eight years to 2023-24.
For example, the rate of reported serious incidents in 2023-24 was 148 per 100 approved services. This is higher than the rate of 139 in 2022-23 and 124 in 2021-22.
Concerningly, current reporting levels may be an under-representation due to inadequate understanding of child safety among educators and confusion about when and how to report child safety incidents.
This mirrors Australian research, which indicates a lack of time, understanding and support are barriers for medical staff reporting child abuse.
Why is progress so slow?
There is a chance the latest announcement may inadvertently cause families concern. Parents and carers might reasonably wonder why we currently have a seven-day window to report child abuse and how vapes were ever allowed in early education services to start with.
Families may also wonder why stronger protections around filming their kids have not already been introduced – given early childhood services have been photographing children for years. The situation is further confused by the fact that some service providers may have developed and implemented their own policies.
There is a long history of slow and reactive policy making and regulation in early childhood – as noted by a review published by the Australian Council for Educational Research as far back as 2006.
The sector is also subject to complex and cumbersome structural frameworks. Services need to navigate different state and territory requirements as well as national regulations. There are also a raft of extra guidelines and codes, for example, Safe Sleep Practices by Red Nose Australia.
What is needed now?
Next week, federal and state education ministers will meet and discuss childcare safety once again. There are two important things they should keep in mind.
1. We are still missing important data.
We need a better evidence base on the exact nature and frequency of child safety incidents in childcare services. We need robust data so we can track longitudinal trends and assess the ongoing impact of new policies.
At the moment this crucial information is obscured by inconsistent data records. While this is likely due to the complex interplay of federal and state governance, this is one of many issues in the sector that has long been documented.
2. Early childhood educators are already overworked
My 2024 research with colleagues shows many early childhood educators already know what safe and quality education and care looks like. But they are frustrated their ability to spend quality time with children is hampered by administrative tasks. This frustration is a key contributor to burnout, which is already rife within the sector.
So governments should ensure important safety practices do not come with excessive, burdensome and confusing red tape.
What about families?
For families who are worried about the quality of care their children are receiving – it may help to know the vast majority of services (91%) met or exceeded the national standards as of February 2025.
If you have specific concerns you can contact the regulatory authority in your state.
Erin Harper does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.
Source: People’s Republic of China – State Council News
China SCIO | June 17, 2025
Photo taken on June 12, 2025 shows the view of Yucun village of Anji county, eastern China’s Zhejiang province. Anji county has made great efforts to promote the green development in rural areas. [Photo by Cui Can/China SCIO]
In the lush hills of Anji county, eastern China’s Zhejiang province, summer comes with the dense, whispering green of bamboo forests. Here, a single stalk of bamboo, humble and fast-growing, can find its way into upscale European restaurants as sleek dinnerware, or appear as a minimalist bamboo lamp on the shelves of MUJI and IKEA stores worldwide.
With about 720 square kilometers of bamboo groves, Anji has embraced bamboo as both a cultural symbol and an economic resource. Today, it is emerging as a pioneer in developing bamboo industry to drive green development.
“Bamboo is not only tough and durable, but also renewable,” said Liu Yu, chief expert of the Zhejiang Provincial Department of Ecology and Environment. “Compared to wood, which can take over a decade to mature, bamboo is harvest-ready in just four to six years and can regrow without replanting.”
Liu also noted that responsible harvesting benefits the ecosystem. “If left uncut, bamboo becomes prone to disease and pests. Its aggressive root system can also outcompete other plant life, reducing biodiversity.”
A worker processes bamboo at a company in Anji county of Huzhou city, Zhejiang province, June 13, 2025. [Photo by Cui Can/China SCIO]
To harness bamboo’s environmental potential, China in 2022 launched a “Bamboo as a Substitute for Plastic” initiative in collaboration with the International Bamboo and Rattan Organization. A year later, the National Development and Reform Commission and several other government departments introduced a three-year action plan to accelerate initiative. Anji was named one of the program’s first demonstration bases.
Currently, more than 1,000 enterprises in Anji are involved in the bamboo industry, over 40 of which are large-scale operations. Around 70% of their products are exported to markets like the U.S., Europe, Japan, and South Korea, said Zhou Jihui, who oversees the “Bamboo for Plastic” project at Anji Development and Reform Bureau.
Photo taken on June 13, 2025 shows the bamboo packaging, lighting, and tableware produced by a company in Anji county of Huzhou city, Zhejiang province. [Photo by Cui Can/China SCIO]
Zhejiang Fenghui Bamboo and Wooden Products Co. Ltd., founded in 1990, is one of Anji’s largest bamboo manufacturers and exporters. When General Manager Liang Fenghui took over the business from his father in 2014, the company focused on low-value raw products like bamboo poles and fences. “The profit margins were slim, and environmental standards were rising. Many companies shut down, and some bamboo forests were abandoned,” he recalled. “We had to transform.”
The company began to invest in developing a more diversified product line, ranging from bamboo kitchenware and dining items to garden products. It now offers a portfolio of over 1,000 bamboo products.
And as Anji aligns itself with China’s broader green development strategy, local bamboo manufacturers like Fenghui are making sustainability a priority. “Our production process is now cleaner, and we’ve developed machinery that improves material utilization by at least 20%,” Liang said.
Today, Bamboo tableware accounts for 60% of the company’s revenue. It exports bamboo packaging, lighting, and tableware to clients across Japan, France, Spain, and the U.S. In 2024, the company’s export value reached 150 million yuan (about US$21 million), with Japan and France each accounting for 20% of sales, and the U.S. around 10%.
According to Zhou of Anji Development and Reform Bureau, the county’s bamboo sector has improved incomes for more than 51,000 local farming households. In 2024 alone, bamboo-related income increased each household’s earnings by an average of 6,500 yuan. “And 167 village collectives each saw their revenues grow by more than 1 million yuan,” she said.
Photo taken on June 13, 2025 shows bamboo tableware at a company in Anji county of Huzhou city, Zhejiang Province. [Photo by Cui Can/China SCIO]
As Anji accelerates its “Bamboo for Plastic” initiative, the county has been exploring more ways to bring bamboo into everyday life. In hospitality, bamboo toothbrushes, combs, and takeaway cutlery are replacing plastics. In local markets, plastic bags have been gradually phased out in favor of biodegradable ones made from bamboo powder. “They decompose within three months and are stronger than plastics,” Zhou noted.
And whereas plastic products are generally cheaper than bamboo products of the same kind, Zhou said price isn’t always the key concern. “Consumers, especially in hospitality, often care more about the product’s look and whether it matches their brand image than about the cost. That gives us more room to innovate.”
To meet this rising demand, Liang is investing in design and branding. “We’re incorporating traditional Chinese cultural elements into packaging and product design to appeal to younger consumers. And with cross-border e-commerce platforms, we’re reaching more global audiences.”
In 2024, the total output value of Anji’s bamboo industry reached 19.2 billion yuan, up 7% over the previous year, according to Zhou. “That was nearly 2.6 billion yuan more than in 2022. The growth momentum is very strong.”
A Government spokesman reiterated that the priority of the Government’s manpower policy all along is to nurture the local workforce. On the premise of ensuring employment priority for local workers, the Government suitably allows employers to apply for importation of workers. The ESLS also requires employers not to displace local workers with imported workers. In the event of redundancy, imported workers should be retrenched first. If there is sufficient evidence to substantiate any violation of the requirement, the LD will impose administrative sanctions on the employers, including withdrawal of approvals for importation of labour previously granted and refusal to process other applications submitted by the employers in the following two years.
The LD will continue to closely monitor the local labour market, and from time to time review the operation and implementation arrangements of the ESLS, with a view to safeguarding employment priority for local workers. Issued at HKT 14:00
Sydney, London, New York, June 17, 2025 (GLOBE NEWSWIRE) — Iress today announced that it has partnered with the interoperability platform, interop.io, as part of the company’s broader strategy to focus and reinvest in its core trading and market data products. The partnership supports Iress’ commitment to delivering modular, personalised and high-performance trading experiences for its global trading and market data clients.
interop.io provides the interoperability platform for capital markets firms to unify multiple applications into a harmonised smart desktop, in an aim to increase efficiencies and enable end-users to focus on higher value tasks.
Through the partnership, Iress’ global trading and market data clients will be able to seamlessly connect and integrate third-party applications, news sources and notifications into a single workspace (known as “MyIress”), optimising trading workflows and reducing the manual risk associated with entering information across multiple platforms. By adopting open APIs and FDC3 interoperability standards, clients can embed custom or proprietary user interfaces, giving them full control to personalise and scale their workflows.
Iress’ Executive General Manager – Product & Development, Michael Barbera, said: “This partnership marks a key milestone in Iress’ focus and reinvestment in trading technology. Through MyIress, we’re delivering a more scalable and personalised future, empowering clients to tailor their workflows, operate seamlessly across markets and time zones, and stay ahead in an increasingly complex, fast-moving landscape.
“Today’s trading landscape is shifting fast, with extended trading market hours, accelerated post-trade cycles, and heightened regulatory demands reshaping operational expectations for trading firms. Traders need to be agile, compliant and operationally resilient to maintain competitive edge across global markets. At the same time, firms are under pressure to modernise legacy infrastructure without costly replatforming.
“Iress’ partnership with interop.io, which underpins MyIress, enables us to deliver zero-install, scalable architecture that reduces reliance on legacy systems and supports traders in designing high-performance workflows that suit their strategy, region or asset class choice. Interoperable systems are easier to monitor, test and audit, making them better suited to meet changing regulatory requirements, while providing enhanced compliance oversight via automated trade monitoring, reporting and real-time data sharing.”
interop.io. CEO, Leslie Spiro, said: “There’s an ongoing industry focus on improving connectivity between market participants through technology that supports interoperability. We’re delighted to be partnering with Iress to deliver a best-of-breed ecosystem that enhances the user experience for their global trading and market data clients and ultimately improves the experience across the trading industry.”
For more information on Iress’ trading and market data solutions click here.
Iress (IRE.ASX) is a technology company providing software to the financial services industry. We provide software and services for trading & market data, financial advice, investment management, superannuation, life & pensions and data intelligence in Asia-Pacific, North America, Africa, the UK and Europe.
interop.io was formed in June 2023 through the merger of Finsemble and Glue42 to create the global powerhouse driving application interoperability in capital markets and beyond. Leveraging FDC3 and workflow automation, interop.io allows clients to create Straight-Through Workflows and benefit from unparalleled levels of business agility, a more productive workforce and better operational control. The firm employs over 120 people including 100 full-time R&D and implementation engineers located in New York, Charlottesville, London, and Sofia. For more information, visit interop.io.
Sydney, London, New York, June 17, 2025 (GLOBE NEWSWIRE) — Iress today announced that it has partnered with the interoperability platform, interop.io, as part of the company’s broader strategy to focus and reinvest in its core trading and market data products. The partnership supports Iress’ commitment to delivering modular, personalised and high-performance trading experiences for its global trading and market data clients.
interop.io provides the interoperability platform for capital markets firms to unify multiple applications into a harmonised smart desktop, in an aim to increase efficiencies and enable end-users to focus on higher value tasks.
Through the partnership, Iress’ global trading and market data clients will be able to seamlessly connect and integrate third-party applications, news sources and notifications into a single workspace (known as “MyIress”), optimising trading workflows and reducing the manual risk associated with entering information across multiple platforms. By adopting open APIs and FDC3 interoperability standards, clients can embed custom or proprietary user interfaces, giving them full control to personalise and scale their workflows.
Iress’ Executive General Manager – Product & Development, Michael Barbera, said: “This partnership marks a key milestone in Iress’ focus and reinvestment in trading technology. Through MyIress, we’re delivering a more scalable and personalised future, empowering clients to tailor their workflows, operate seamlessly across markets and time zones, and stay ahead in an increasingly complex, fast-moving landscape.
“Today’s trading landscape is shifting fast, with extended trading market hours, accelerated post-trade cycles, and heightened regulatory demands reshaping operational expectations for trading firms. Traders need to be agile, compliant and operationally resilient to maintain competitive edge across global markets. At the same time, firms are under pressure to modernise legacy infrastructure without costly replatforming.
“Iress’ partnership with interop.io, which underpins MyIress, enables us to deliver zero-install, scalable architecture that reduces reliance on legacy systems and supports traders in designing high-performance workflows that suit their strategy, region or asset class choice. Interoperable systems are easier to monitor, test and audit, making them better suited to meet changing regulatory requirements, while providing enhanced compliance oversight via automated trade monitoring, reporting and real-time data sharing.”
interop.io. CEO, Leslie Spiro, said: “There’s an ongoing industry focus on improving connectivity between market participants through technology that supports interoperability. We’re delighted to be partnering with Iress to deliver a best-of-breed ecosystem that enhances the user experience for their global trading and market data clients and ultimately improves the experience across the trading industry.”
For more information on Iress’ trading and market data solutions click here.
Iress (IRE.ASX) is a technology company providing software to the financial services industry. We provide software and services for trading & market data, financial advice, investment management, superannuation, life & pensions and data intelligence in Asia-Pacific, North America, Africa, the UK and Europe.
interop.io was formed in June 2023 through the merger of Finsemble and Glue42 to create the global powerhouse driving application interoperability in capital markets and beyond. Leveraging FDC3 and workflow automation, interop.io allows clients to create Straight-Through Workflows and benefit from unparalleled levels of business agility, a more productive workforce and better operational control. The firm employs over 120 people including 100 full-time R&D and implementation engineers located in New York, Charlottesville, London, and Sofia. For more information, visit interop.io.
Press release Telstra and Nokia partner to unlock network APIs for developers and enterprises
Telstra’s muru-D Labs, a hub for incubating ideas, products, and technologies, will make network APIs available in a lab environment on Nokia’s Network as Code platform with developer portal.
The collaboration targets industry use cases for enterprises that leverage CAMARA and GSMA Open Gateway APIs.
17 June 2025 Espoo, Finland – Telstra, Australia’s leading telecommunications company, and Nokia today announced a new collaboration that will give developers secure access to network APIs to help build smarter applications and integrate them into advanced new use cases for enterprises and industries.
Under the agreement, Telstra’s muru-D Labs will provide access to a select mix of live and simulated network APIs on Nokia’s Network as Code platform with developer portal, designed to make it easier for developers to build, test, and deploy new applications that securely tap into Telstra’s advanced network capabilities.
The collaboration will focus on real-world use cases across industries, such as managing network traffic during large events, improving network observability, and prioritising critical services. The partnership will also explore Fixed Network use cases, having the developer platform consume API’s from Nokia’s service orchestration software already deployed in Telstra.
Kim Krogh Andersen, Group Executive Product & Technology at Telstra, said the new collaboration reflects the company’s recently announced Connected Future 30 strategy and focus on delivering increasingly sophisticated and flexible connectivity capabilities to meet evolving customer needs. Core to this strategy is ‘Network as a Product,’ which aims to reinvent how Telstra creates and captures value from its networks by productising sophisticated network capabilities and opening up new business models.
“We’re radically innovating at the core of our business and pushing the boundaries of our network leadership, so that our customers can get the connectivity they need in a changing environment. This new collaboration with Nokia is another way we are testing and learning how the power of the network can unlock new value in the tech ecosystem.”
“By giving access to advanced capabilities through our network APIs, we’re enabling developers to create smarter, more responsive applications for enterprises. This is about working with our partner ecosystem to demonstrate how developers can securely interact with Telstra’s network and innovate at scale,” Andersen said.
The initiative will include a local hackathon later this year, giving developers access to a selection of live network APIs and a sandbox environment to experiment with new ideas. This new collaboration builds on Telstra and Nokia’s long-standing partnership and supports Telstra’s Network as a Product vision of a software-defined, programmable network.
Nokia’s network automation and Digital Operations solutions are laying the foundation for scalable API enablement by making it easier for partners, like Telstra, to offer developers on-demand access to programmable network capabilities with consistency and speed.
“Our collaboration will deepen Telstra’s network integration into developer ecosystems and provide developers with greater choice, flexibility, and security in creating new applications,” said Shkumbin Hamiti, Vice-President and Head of Nokia’s Network Monetization Platform, Cloud and Network Services at Nokia. “As more developers explore network APIs, their feedback will shape the next generation of services, and we are excited to work alongside Telstra to drive this.”
Nokia’s network API strategy centers around connecting multiple API ecosystems through its Network as Code platform. It offers operators the broadest range of network enablement options with robust multi-tier API security and provides developers simplified access to network functionalities.
Nokia’s ecosystem of Network as Code platform partners has grown to over 50 and includes operators from around the world, as well hyperscalers, Communications Platform as a Service (CPaaS) platform providers, systems integrators, and vertical independent software vendors.
About Nokia At Nokia, we create technology that helps the world act together.
As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation.
With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable, and sustainable networks today – and work with us to create the digital services and applications of the future.
About Telstra Telstra is Australia’s leading telecommunications and technology company. We offer a full range of services and compete in all telecommunications markets in Australia, operating the largest mobile and wi-fi networks. Globally, we provide end-to-end solutions including managed network services, global connectivity, cloud, voice, colocation, conferencing and satellite solutions. We have licenses in Asia, Europe and the United States and offer access to more than 2,000 points of presence across the globe. For more information visit www.telstra.com.
About Telstra muru-D muru-D is Telstra’s hub for incubating ideas, products, and technologies, and plays a pivotal role in accelerating a portfolio of ~80 startup investments. The name muru-D has a meaningful origin rooted in the Sydney Aboriginal Eora language—muru means “path,” symbolising a journey or direction, while the D stands for “digital,” representing our focus on digital innovation. Together, muru-D signifies a pathway to digital innovation.
muru-D explores emerging technologies and rapidly prototype solutions, drawing on deep expertise in 5G, IoT, connectivity, edge computing, and applied AI. Through partnerships with industry, experts, and universities, we co-develop real-world solutions to real-world problems. Our process includes prototyping, proof-of-concepts, customer trials, hackathons and human-centred design workshops.
In addition to supporting Telstra’s innovation mission, muru-D backs founders driving social and technological impact across AI, VR, AR, drones, satellites, and robotics—amplifying innovation through our growing portfolio of startups. www.telstra.com.au/business-enterprise/muru-d
VICTORIA, Seychelles and LUXEMBOURG, June 17, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has entered a three-year partnership with UNICEF Luxembourg to advance digital skills and blockchain literacy among young people.
The partnership enrolls Bitget into the Game Changers Coalition (GCC) led by UNICEF Office of Innovation (OOI). Support from Bitget will help reach 300,000 people – including adolescent girls, parents, mentors and teachers with blockchain skills – across eight countries; Armenia, Brazil, Cambodia, India, Kazakhstan, Malaysia, Morocco, and South Africa.
Photo from Press Conference (from left to right): Paul Heber, Chief Communications Officer, UNICEF Luxembourg; Gracy Chen, CEO, Bitget; Yannick Naud, Innovative Finance, UNICEF Luxembourg
Through the partnership, Bitget Academy, the educational arm of Bitget, will help develop UNICEF’s first interactive, online and in-person blockchain training module based on video games creation skills development for teachers and young people. This is a welcome inclusion to a curriculum already reaching hundreds of thousands of people. Support from Bitget will also help expand the Coalition’s reach to a ninth country.
“This partnership reflects our shared belief that digital skills are a powerful driver of opportunity and inclusion,” said Sandra Visscher, Executive Director of UNICEF Luxembourg. “By collaborating with Bitget, we want to provide adolescents and young people with the tools, knowledge, and confidence to shape their own futures. Innovation should be a force for inclusion, opening doors, broadening horizons, and ensuring that technology works for everyone, everywhere.”
In a move to extend the ecosystem’s reach, Bitget will also aim to introduce UNICEF to leading blockchain protocols and developers from across the Web3 landscape to participate in the educational initiative. These contributors could serve as mentors and partners, offering diverse perspectives and possibilities for blockchain technologies.
“Emerging technologies should not be reserved for the privileged few—they must be introduced early and equitably. Blockchain, with its real-world use case and potential for social good, is one of the most powerful tools we can give to our younger generation to build products that change the way we look at modern society. With Blockchain4Her, what began as a mission to empower hundreds of women has scaled into a global movement to educate thousands of girls. This is the kind of scale and impact blockchain was built for,” said Gracy Chen, CEO at Bitget.
Every year, adolescent girls and young women in low and middle-income countries miss out on USD 15 billion in economic opportunities due to a gap in internet access and digital skills relative to their male peers. With 90 per cent of jobs today requiring digital competencies, the Game Changers Coalition responds to the urgency of closing the gender digital skills gap.
Together, Bitget and UNICEF are working to build a scalable, inclusive model that equips young women with the tools to navigate and shape the digital economy of tomorrow.
As part of the Game Changers Coalition, Bitget joins the Global Video Game Coalition, Micron Foundation and ecosystem builders – Women in Games in a shared ambition to reach 1.1 million girls by 2027, with learning and skills-building opportunities.
With the help of Bitget Academy, and support from the $10M initiative Blockchain4Her, Bitget plans to enhance digital literacy and financial independence among women taught to them at a young age.
Bitget’s Blockchain4Her initiative has previously supported women through mentorship programs, funding opportunities, and educational resources.
Together, Bitget and UNICEF Luxembourg aim to empower a new generation of girls with the knowledge and skills they need to participate actively in the evolving crypto economy.
About Bitget
Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform.
Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist), and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to allocate only funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
Bitget
This is not the first time Bitget has worked with an UN agency. Gracy Chen, is a UN women delegate. During last Ramadan, Bitget partnered up with world-renowned humanitarian organizations, including the UN Refugee Agency, UN World Food Programme, ShareTheMeal, and the One Billion Meals Endowment to donate thousands of meals. Under $10M Blockchain4Her, promising projects led by women were supported and awards were rewarded for the inspiring contributions of more. Hosting over 10 meetups globally, more than a thousand women participated in networking, learning, and driving innovation in the blockchain space.
About UNICEF
UNICEF works in over 190 countries and territories to reach the most disadvantaged children and build a better world for every child. UNICEF Luxembourg supports this global mission by mobilizing private sector partnerships and voluntary contributions. It also advocates nationally to uphold children’s rights—focusing on reducing inequalities, promoting gender equality, tackling child poverty, supporting mental well-being, and improving access to justice for every child.
Disclaimer:UNICEF does not endorse any company, brand, product or service. This partnership is focused solely on supporting education outcomes for children.
For more information, visit: Website | Facebook | Instagram | x.com | LinkedIn For media inquiries, please contact: UNICEF Luxembourg, Paul Heber, Chief Communication | T (+352) 448715 | M (+352)691198105 | pheber@unicef.lu
About the Game Changers Coalition Building on UNICEF’s existing work of providing girls with digital and 21st-century skills through the Skills4Girls portfolio, spanning 22 countries and reaching close to 6 million girls, the Game Changers Coalition is UNICEF’s platform to convene the video gaming sector and tech industry with the aim to equip this and coming generation of girls with the skills they need and want in Science, Technology, Engineering, Arts and Math (STEAM) to become coders, designers, and leaders of a more inclusive, diverse, and safer digital future.
India on Tuesday urged its nationals and Persons of Indian Origin (PIOs) in Iran to evacuate Tehran, shift to safer locations, and remain in close contact with the Indian Embassy amid growing tensions in the region.
As the Israel-Iran conflict entered its fifth day, hostilities continued to escalate. Several Iranian missiles were fired at Israel, triggering air raid sirens in Haifa and dozens of other cities and communities across northern Israel and the occupied Golan Heights, according to the Israeli military.
“All Indian nationals and PIOs who can move out of Tehran using their own resources are advised to relocate to a safe location outside the city,” the Indian Embassy in Iran posted on X.
“All Indian nationals currently in Tehran and not in touch with the Embassy are requested to contact the Embassy of India in Tehran immediately and provide their location and contact numbers. Kindly contact: +989010144557; +989128109115; +989128109109,” the Embassy added.
The Ministry of External Affairs has also set up a 24×7 Control Room in view of the ongoing developments in Iran and Israel. The helpline numbers shared by the Ministry are: 1800-11-8797 (toll-free), +91-11-23012113, +91-11-23014104, +91-11-23017905, and WhatsApp number +91-9968291988. Emails may be sent to: situationroom@mea.gov.in.
Meanwhile, U.S. President Donald Trump has also urged people to evacuate Tehran amid the intensifying conflict.
“Iran should have signed the deal I told them to sign. What a shame, and waste of human life. Simply stated, Iran cannot have a nuclear weapon. I said it over and over again! Everyone should immediately evacuate Tehran!” Trump posted on Truth Social on Tuesday.
The U.S. President also announced that he would cut short his visit to the Group of Seven (G7) Summit in Canada to closely monitor the situation in the Middle East.
In the latest developments, Bazan Group—Israel’s largest oil refinery company—announced that all of its facilities at the Haifa Port have been completely shut down due to damage caused by an Iranian missile strike.
The European Commission is set to propose on Tuesday a ban on EU imports of Russian gas and liquefied natural gas by the end of 2027, using legal measures to ensure the plan cannot be blocked by EU members Hungary and Slovakia.
The proposals will set out how the European Union plans to fix into law its vow to end decades-old energy relations with Europe’s former top gas supplier Russia, made after Moscow’s 2022 full-scale invasion of Ukraine.
An internal Commission summary of the upcoming proposal, seen by Reuters, said it would fix into law a ban on imports of Russian pipeline gas and LNG from January 1, 2026, with longer deadlines for certain contracts.
Short-term Russian gas deals signed before June 17, 2025 would have a one-year transition period, to June 17, 2026, it said.
Imports under existing long-term Russian contracts would then be banned from January 1, 2028 – effectively ending the EU’s use of Russian gas by this date, the summary said.
Companies including TotalEnergies TTEF.PA and Spain’s Naturgy NTGY.MC have Russian LNG contracts extending into the 2030s.
EU LNG terminals would also be gradually banned from providing services to Russian customers, and companies importing Russian gas would have to disclose information on their contracts to EU and national authorities, Reuters previously reported.
The plans could still change before they are published.
EU energy commissioner Dan Jorgensen said on Monday the measures were designed to be legally strong enough for companies to invoke the contractual clause of “force majeure” – an unforeseeable event – to break their Russian gas contracts.
“Since this will be a prohibition, a ban, the companies will not get into legal problems. This is force majeure, as it [would be] if it had been a sanction,” Jorgensen told reporters.
NO VETO
Slovakia and Hungary, which have sought to maintain close political ties to Russia, still import Russian gas via pipeline and say switching to alternatives would increase energy prices. They have vowed to block sanctions on Russian energy, which require unanimous approval from all EU countries, and have opposed the ban.
To get around this, the Commission’s proposals will use an EU legal basis that can be passed with support from a reinforced majority of countries and a majority of the European Parliament, EU officials said.
While most other EU countries have signalled support for the ban, officials said some importing countries have raised concerns about the risk to companies of financial penalties or arbitration for breaking contracts.
Around 19% of Europe’s gas still comes from Russia, via the TurkStream pipeline and LNG shipments – down from roughly 45% before 2022. Belgium, France, the Netherlands and Spain are among those that import Russian LNG.
“We fully support this plan in principle, with the aim of ensuring that we find the right solutions to provide maximum security for businesses,” French industry minister Marc Ferracci told reporters on Monday.
Secretary for Commerce & Economic Development Algernon Yau will depart this evening for France, where he will visit Toulouse, Bordeaux, Cognac and Paris to promote Hong Kong’s favourable business environment and its advantages as a wine and liquor trading hub.
During the trip, the commerce chief will meet representatives of the French business sector and attend business roundtables to exchange views with local wine and liquor producers.
He will also attend the China Forum 2025, organised by Business France, to promote Hong Kong’s unique role as a gateway to the Mainland market.
Mr Yau will return to Hong Kong on the morning of June 26. During his absence, Under Secretary for Commerce & Economic Development Bernard Chan will be Acting Secretary.
Secretary for Innovation, Technology & Industry Prof Sun Dong toured a startup incubator and community workspace and met local officials during a visit to the Netherlands earlier this week.
Prof Sun paid a visit to the Amsterdam Venture Studios Startup Village. Using converted containers as offices, the village currently comprises 35 startups focused on artificial intelligence (AI) and quantum technology, and aims to promote interaction, collaboration and knowledge sharing among them.
At the village, Prof Sun visited Omni Wind Tech BV, a Dutch startup that is developing compact wind turbines for commercial and community settings. He was briefed on its strategies and core technologies, and learned about its efforts to promote sustainable development through green innovation.
Prof Sun also visited Nearfield Instruments, a supplier of advanced metrology solutions for the semiconductor industry. The company focuses on high-precision measurement technology to support manufacturing in the high-end nano-electronics industry.
Later on, Prof Sun met Deputy Director-General for Foreign Economic Relations in the Netherlands’ Ministry of Foreign Affairs Yvette Van Eechoud to exchange views on promoting innovation and technology (I&T) collaboration.
Prof Sun said that the Hong Kong Special Administrative Region Government attaches great importance to maintaining relations with European countries, including the Netherlands.
He emphasised that as an international city, Hong Kong has long played the role of a super connector and super value-adder. He added that the current-term Hong Kong Special Administrative Region Government is committed to developing the city as an international I&T centre and that there is therefore broad scope for collaboration between Hong Kong and the Netherlands on I&T.
The technology chief also called on Charge d’affaires of the Chinese Embassy in the Netherlands He Shiqing and briefed him on Hong Kong’s efforts to deepen international exchanges and co-operation and achieve better integration into China’s national development.
Prof Sun thanked the embassy for supporting enhanced co-operation between Hong Kong and the Netherlands in I&T development and for helping to attract enterprises and investment.
Prof Sun’s visit to the Netherland has concluded and he will return to Hong Kong tomorrow morning.
Taiwan in Australia Ambassador Douglas Yu-Tien Hsu and Taiwan in Sydney Director General David Cheng-Wei Wu were pleased to attend the announcement ceremony for the successful candidates of the Australia–Taiwan Young Business Leaders (YBL) Program, hosted by the Australia-Taiwan Business Council (ATBC) and the Chinese International Economic Cooperation Association (CIECA), with the Australian Office in Taipei joining virtually. Ambassador Hsu noted that the YBL Program, supported by the National Foundation for Australia-China Relations, reflects the shared commitment of Taiwan and Australia to deepening economic cooperation, fostering talent, and pursuing a sustainable and innovative future. He thanked ATBC CEO Ching-Mei Maddock for uniting key partners and encouraged participants to lead boldly and collaborate openly in shaping a resilient, inclusive future。 Robert Fergusson, Representative of the Australian Office in Taipei, highlighted that while Taiwan and Australia maintain strong cooperation in traditional sectors such as energy, natural resources, and agriculture, the program showcases growing potential in forward-looking fields including renewable energy, biotech, semiconductors, and AI. ATBC Chairman John Toigo emphasized that this initiative builds on the success of the 2022 pilot “Australia-Taiwan Emerging Business Leaders Program “, and reminded young leaders that sincere trust remains the foundation of lasting business relationships. CIECA Secretary-General Frank Wu encouraged the selected youth leaders to leverage this platform to broaden their global outlook, deepen cross-border partnerships, and become new drivers of Taiwan–Australia cooperation and regional sustainability. Sincere appreciation to ATBC and CIECA for leading this important initiative. May the program empower every participant to forge meaningful partnerships and drive new momentum in Australia–Taiwan collaboration.
The timing and targets of Israel’s attacks on Iran tell us that Prime Minister Benjamin Netanyahu’s short-term goal is to damage Iran’s nuclear facilities in order to severely diminish its weapons program.
But Netanyahu has made clear another goal: he said the war with Iran “could certainly” lead to regime change in the Islamic republic.
It’s no secret Israel has wanted to see the current government of Iran fall for some time, as have many government officials in the US.
But what would things look like if the government did topple?
How is power wielded in today’s Iran?
Founded in 1979 after the Iranian Revolution, the Islamic Republic of Iran has democratic, theocratic and authoritarian elements to its governing structure.
The founding figure of the Islamic republic, Ayatollah Ruhollah Khomeini, envisioned a state run by Islamic clerics and jurists who ensured all policies adhered to Islamic law.
Iran has a unicameral legislature (one house of parliament), called the Majles, and a president (currently Masoud Pezeshkian). There are regular elections for both.
But while there are democratic elements within this system, in practice it is a “closed loop” that keeps the clerical elite in power and prevents challenges to the supreme leader. There is a clear hierarchy, with the supreme leader at the top.
Khamenei has been in power for more than 35 years, taking office following Khomeini’s death in 1989. The former president of Iran, he was chosen to become supreme leader by the Assembly of Experts, an 88-member body of Islamic jurists.
While members of the assembly are elected by the public, candidates must be vetted by the powerful 12-member Guardian Council (also known as the Constitutional Council). Half of this body is selected by the supreme leader, while the other half is approved by the Majles.
In last year’s elections, the Guardian Council disqualified many candidates from running for president, as well as the Majles and Assembly of Experts, including the moderate former president Hassan Rouhani.
As such, the supreme leader is increasingly facing a crisis of legitimacy with the public. Elections routinely have low turnout. Even with a reformist presidential candidate in last year’s field – the eventual winner, Masoud Pezeshkian – turnout was below 40% in the first round.
The supreme leader also directly appoints the leaders in key governance structures, such as the judiciary, the armed forces and Islamic Revolutionary Guard Corps (IRGC).
The all-powerful IRGC
So, Iran is far from a democracy. But the idea that regime change would lead to a full democracy that is aligned with Israel and the US is very unlikely.
Iranian politics is extremely factional. Ideological factions, such as the reformists, moderates and conservatives, often disagree vehemently on key policy areas. They also jockey for influence with the supreme leader and the rest of the clerical elite. None of these factions is particularly friendly with the US, and especially not Israel.
There are also institutional factions. The most powerful group in the country is the clerical elite, led by the supreme leader. The next most powerful faction would be the IRGC.
The IRGC is extremely hardline politically. At times, the IRGC’s influence domestically has outstripped that of presidents, exerting significant pressure on their policies. The guard only vocally supports presidents in lockstep with Islamic revolutionary doctrine.
In addition to its control over military hardware and its political influence, the guard is also entwined with the Iranian economy.
Given all of this, the IRGC would be the most likely political institution to take control of Iran if the clerical elite were removed from power.
In peacetime, the general consensus is the IRGC would not have the resources to orchestrate a coup if the supreme leader died. But in a time of war against a clear enemy, things could be different.
Possible scenarios post-Khamenei
So, what might happen if Israel were to assassinate the supreme leader?
One scenario would be a martial law state led by the IRGC, formed at least in the short term for the purposes of protecting the revolution.
In the unlikely event the entire clerical leadership is decimated, the IRGC could attempt to reform the Assembly of Experts and choose a new supreme leader itself, perhaps even supporting Khamenei’s son’s candidacy.
Needless to say, this outcome would not lead to a state more friendly to Israel or the US. In fact, it could potentially empower a faction that has long argued for a more militant response to both.
Another scenario is a popular uprising. Netanyahu certainly seems to think this is possible, saying in an interview in recent days:
The decision to act, to rise up this time, is the decision of the Iranian people.
We’ve seen enough revolutions to know this is possible – after all, modern Iran was formed out of one. But once again, new political leadership being more friendly to Israel and the West is not a foregone conclusion.
It is possible for Iranians to hold contempt in their hearts for both their leaders and the foreign powers that would upend their lives.
Andrew Thomas does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.
The timing and targets of Israel’s attacks on Iran tell us that Prime Minister Benjamin Netanyahu’s short-term goal is to damage Iran’s nuclear facilities in order to severely diminish its weapons program.
But Netanyahu has made clear another goal: he said the war with Iran “could certainly” lead to regime change in the Islamic republic.
It’s no secret Israel has wanted to see the current government of Iran fall for some time, as have many government officials in the US.
But what would things look like if the government did topple?
How is power wielded in today’s Iran?
Founded in 1979 after the Iranian Revolution, the Islamic Republic of Iran has democratic, theocratic and authoritarian elements to its governing structure.
The founding figure of the Islamic republic, Ayatollah Ruhollah Khomeini, envisioned a state run by Islamic clerics and jurists who ensured all policies adhered to Islamic law.
Iran has a unicameral legislature (one house of parliament), called the Majles, and a president (currently Masoud Pezeshkian). There are regular elections for both.
But while there are democratic elements within this system, in practice it is a “closed loop” that keeps the clerical elite in power and prevents challenges to the supreme leader. There is a clear hierarchy, with the supreme leader at the top.
Khamenei has been in power for more than 35 years, taking office following Khomeini’s death in 1989. The former president of Iran, he was chosen to become supreme leader by the Assembly of Experts, an 88-member body of Islamic jurists.
While members of the assembly are elected by the public, candidates must be vetted by the powerful 12-member Guardian Council (also known as the Constitutional Council). Half of this body is selected by the supreme leader, while the other half is approved by the Majles.
In last year’s elections, the Guardian Council disqualified many candidates from running for president, as well as the Majles and Assembly of Experts, including the moderate former president Hassan Rouhani.
As such, the supreme leader is increasingly facing a crisis of legitimacy with the public. Elections routinely have low turnout. Even with a reformist presidential candidate in last year’s field – the eventual winner, Masoud Pezeshkian – turnout was below 40% in the first round.
The supreme leader also directly appoints the leaders in key governance structures, such as the judiciary, the armed forces and Islamic Revolutionary Guard Corps (IRGC).
The all-powerful IRGC
So, Iran is far from a democracy. But the idea that regime change would lead to a full democracy that is aligned with Israel and the US is very unlikely.
Iranian politics is extremely factional. Ideological factions, such as the reformists, moderates and conservatives, often disagree vehemently on key policy areas. They also jockey for influence with the supreme leader and the rest of the clerical elite. None of these factions is particularly friendly with the US, and especially not Israel.
There are also institutional factions. The most powerful group in the country is the clerical elite, led by the supreme leader. The next most powerful faction would be the IRGC.
The IRGC is extremely hardline politically. At times, the IRGC’s influence domestically has outstripped that of presidents, exerting significant pressure on their policies. The guard only vocally supports presidents in lockstep with Islamic revolutionary doctrine.
In addition to its control over military hardware and its political influence, the guard is also entwined with the Iranian economy.
Given all of this, the IRGC would be the most likely political institution to take control of Iran if the clerical elite were removed from power.
In peacetime, the general consensus is the IRGC would not have the resources to orchestrate a coup if the supreme leader died. But in a time of war against a clear enemy, things could be different.
Possible scenarios post-Khamenei
So, what might happen if Israel were to assassinate the supreme leader?
One scenario would be a martial law state led by the IRGC, formed at least in the short term for the purposes of protecting the revolution.
In the unlikely event the entire clerical leadership is decimated, the IRGC could attempt to reform the Assembly of Experts and choose a new supreme leader itself, perhaps even supporting Khamenei’s son’s candidacy.
Needless to say, this outcome would not lead to a state more friendly to Israel or the US. In fact, it could potentially empower a faction that has long argued for a more militant response to both.
Another scenario is a popular uprising. Netanyahu certainly seems to think this is possible, saying in an interview in recent days:
The decision to act, to rise up this time, is the decision of the Iranian people.
We’ve seen enough revolutions to know this is possible – after all, modern Iran was formed out of one. But once again, new political leadership being more friendly to Israel and the West is not a foregone conclusion.
It is possible for Iranians to hold contempt in their hearts for both their leaders and the foreign powers that would upend their lives.
Andrew Thomas does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.
May for LHV was characterised by the rapid growth of the loan portfolio. Profitability was impacted by the ongoing decline in interest rates and the partial reversal of previous impairments. LHV Group’s consolidated loan portfolio grew by EUR 104 million in May. At the same time, the total volume of deposits decreased by EUR 34 million. The volume of funds managed by LHV decreased by EUR 11 million over the month. In May, 6.7 million payments related to financial intermediaries were made.
In May, AS LHV Group earned EUR 10.3 million in consolidated net profit. Among the subsidiaries, AS LHV Pank earned a net profit of EUR 10.5 million, LHV Bank Ltd earned a net profit of EUR 28 thousand, AS LHV Kindlustus earned a net profit of EUR 339 thousand, and AS LHV Varahaldus earned a net profit of EUR 297 thousand. The return on equity attributable to the shareholders was 17.3% in May.
The number of LHV Pank customers grew by 2,800 in May, exceeding the 470,000 mark. Loan growth was strong at EUR 83 million, of which EUR 51 million came from corporate loans and EUR 32 million from private loans. The overall quality of the loan porftolio remains good and a solution was found for one of the two largest non-performing loans, which led to a reduction in previously recognised provisions. The strong month was also reflected in deposits, as corporate banking deposits decreased by less than expected against the backdrop of an increase of EUR 88 million in retail banking deposits. The decline in interest rates is reducing the bank’s net interest income, as deposit interest rates are falling more slowly than loan interest rates.
LHV Bank, which operates in the United Kingdom, launched the initial version of its retail customer offer in May, that allows customers to use the bank app, open an account, make payments, order a bank card, and securely deposit money. The presentation of the offer and the marketing campaign were started, the costs of which also affected the company’s monthly profit. Work will continue on the following products to further develop the offer. The Bank’s loan portfolio grew by EUR 21 million in May.
The stable revenue growth of LHV Kindlustus also continued in May. New insurance contracts were concluded for an amount of EUR 3.15 million. As at the end of May, there are 274,000 valid insurance contracts. Performance improved due to a successful motor own damage insurance campaign. Compensation for loss events amounted to EUR 2.2 million and 12,500 new claims were registered in May. The profitability of Kindlustus has been improved by a very good loss ratio.
Since May was a strong month in the financial markets, the pension funds of LHV continued to grow value for their customers. The larger funds managed by the LHV Varahaldus, L and XL, increased by 1.2% and 2.3%, respectively, over the month. LHV Pensionifond Indeks increased by 5.6% over the month. The net profit of LHV Varahaldus exceeds the financial plan, while the volume of funds and the number of customers are slightly below the planned level. In May, LHV Varahaldus announced a plan to change the names of pension funds to make them clearer for customers and to merge the green pension funds with other funds.
Since LHV Group issued AT1 bonds worth EUR 50 million in April, EUR 15 million worth of AT1 bonds were called back in May. As a result of the share option program, the share capital of LHV Group was increased by EUR 366,721.30. Share acquisition transactions were also initiated in accordance with the resolution of the shareholders’ general meeting held in March. The financial plan stands.
LHV Group is the largest domestic financial group and capital provider in Estonia. LHV Group’s key subsidiaries are LHV Pank, LHV Varahaldus, LHV Kindlustus, and LHV Bank Limited. The Group employs over 1,150 people. As at the end of May, LHV’s banking services are being used by 471,000 customers, the pension funds managed by LHV have 111,000 active customers, and LHV Kindlustus protects a total of 176,000 customers. LHV Bank offers retail banking services to private customers in the United Kingdom, loans to small and medium-sized enterprises, and banking services to international fintech companies.
Priit Rum Communications Manager Phone: +372 502 0786 Email: priit.rum@lhv.ee
Secretary-General of ASEAN, Dr. Kao Kim Hourn, today chaired the 8th Judging Committee Meeting for the ASEAN Prize, at the ASEAN Headquarters/ ASEAN Secretariat. The Committee, also comprising of former Secretaries-General of ASEAN, engaged in comprehensive and deliberative discussions to meticulously assess all the national nominations from ASEAN Member States. This process reaffirms ASEAN’s steadfast commitment to upholding the principle of excellence and merit-based recognition of ASEAN-based individuals and organisations who have contributed to ASEAN’s community building efforts. The occasion also provided Dr. Kao and his distinguished predecessors the opportunity to exchange perspectives on the current regional dynamics and global megatrends, particularly in light of the recently adopted ASEAN Community Vision 2045 and its four Strategic Plans, at the 46th ASEAN Summit, in Kuala Lumpur, Malaysia.
The post Secretary-General of ASEAN chairs the Judging Committee for ASEAN Prize 2025 appeared first on ASEAN Main Portal.
SAN SALVADOR, El Salvador, June 17, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, one of the world’s largest self-custodial crypto wallets, has launched LINE NEXT’s Mini Dapp Ecosystem Month in collaboration with LINE NEXT and its Kaia blockchain. This strategic initiative integrates tokenized assets into messaging superapps, offering users access to Web3 games through seamless, gas-free interactions.
LINE NEXT’s Mini Dapp Ecosystem Month begins June 16, featuring a $500,000 prize pool and participation from leading Kaia-based games including Bombie, Fate War, TOFU Story, StarAI, and DarkStar. New games and missions will rotate every two weeks, all delivered gas-free and integrated into Bitget Wallet.
The campaign also features Bombie, a social mini-game developed by the team behind Catizen. With over 12 million users across LINE’s Mini Dapp and Telegram, Bombie is the highest-earning title on LINE’s Mini Dapp platform and the first to debut its own token. Bitget Wallet exclusively supports the token generation event (TGE), enabling users to claim $BOMB tokens directly in-app with zero gas fees and a 100% bonus for early participants. The launch sets a precedent for self-custodial wallets supporting token distribution within mainstream app environments.
An additional key component of the initiative is the TGE Viral campaign, which features Fate War, LARVA Survival, and Slime Miner. Hosted through a dedicated Mini Dapp campaign page powered by Bitget Wallet, the campaign provides token-related missions, exclusive item discounts, and bonus rewards. It is designed to drive engagement by lowering the barrier to entry and providing developers scalable community activation tools.
By embedding token generation, rewards, and transactions into the app environment, Bitget Wallet and LINE NEXT are advancing a model for consumer-grade blockchain adoption.
“Web3 needs to meet users where they already are,” said Jamie Elkaleh, CMO of Bitget Wallet. “By embedding self-custody and rewards into LINE, we’re removing friction and setting a model for how wallets and superapps can scale the next wave of digital interaction.”
About Bitget Wallet Bitget Wallet is a non-custodial crypto wallet designed to make crypto simple and secure for everyone. With over 80 million users, it brings together a full suite of crypto services, including swaps, market insights, staking, rewards, DApp exploration, and payment solutions. Supporting 130+ blockchains and millions of tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges. Backed by a $300+ million user protection fund, it ensures the highest level of security for users’ assets. Its vision is Crypto for Everyone — to make crypto simpler, safer, and part of everyday life for a billion people.
About LINE NEXT Inc. LINE NEXT Inc., LINE’s venture dedicated to developing and expanding the Web3 ecosystem, providing new digital experiences, and leading Web3 innovation.
In an era of the atomisation of viewing practices through streaming, increasingly short, self-produced videos for TikTok and YouTube, and the reduction of all audiovisual material to “content” for various “platforms”, there is something refreshing about a bunch of strangers assembling in a dark room to collectively watch a giant screen with massive sound.
In other words, going to the movies.
And there’s no better place to see films limited in mainstream release than at film festivals. The standard of the films screening at this year’s Sydney Film Festival was exceptional, and it is difficult to select a top five out of the 40 or so I managed to see. But here goes!
Sirât
Produced by Pedro Almodovar, writer-director Oliver Laxe’s Sirât, which recently won the Jury Prize at Cannes, follows middle-aged Luis (Sergi López) as he travels with his son Esteban (Bruno Núñez Arjona) and their dog Pipa looking for his estranged daughter in the desert rave scene. They team up with a group of ravers and set off across Southern Morocco towards the next party.
Early on, there are some hints that things are awry on a broader scale – the military break up the opening doof, and we hear, at one point, World War III has broken out.
And as the film unfolds, things take a turn for the worse, with a litany of tragedies – increasingly absurd – afflicting the members of the group. The vaguely futuristic world of the opening crystallises into something much more terrifying than the kind of shrill cinematic post-apocalypticism we’ve become used to through films like Fury Road.
What begins as a kind of paean to raving – replete with bass-thumping speakers (cranked in theatres to eardrum pounding loudness), a “cool” crew of trippers, and an emphasis on the free lives of the ravers (played by real-life party-goers) – rapidly descends into a wild existential nightmare. And the idea that life is a kind of free consumerist party for westerners is viciously dismembered in the second half: we are all refugees in this era.
Sirât is a masterpiece. Its stunning 16mm film images (courtesy of cinematographer Mauro Herve) are complemented by exceptional sound design by Laia Casanova, a majesty of image and sound demanding to be experienced in a cinema.
Somebody
Written and directed by Lee Jung-chan and Kim Yeo-jung, the South Korean film Somebody is a puzzling, intense psycho drama about precociously evil child So-hyun (Gi So-yoo) and the pressures this places on her single mother Yeong-eun (Kwak Sun-young).
An unsettling horror thriller, the film also plays like a study of the evil child archetype. It works through the genre’s cliches, unpicking them while eschewing the usual evil-kid scares in favour of looking at the complex interplay between and ambiguity around the image of child as brat/evil and mother as caring/enabler.
In the first half, the point of view oscillates between an image of the child as evil and the child as scared. In the second half, the evil child has grown up, and we follow her towards the film’s brutal (and unexpected) ending.
And this is where Somebody excels. It taps into the fear of parents that their children are alien parasites – who is this stranger now living off me? – but also the difficulties for children in feeling isolated and scared.
Somebody is a deeply sad and troubling film, buoyed by excellent performances from adults and children alike. In real life, the idea that a kid would be born evil is preposterous, but it’s a movieland cliché that works. Somebody addresses this idea with a genuinely impressive vision.
Harvest
Athina Rachel Tsangari’s Harvest is a melancholic, elegiac film set in a rural community in Scotland in the Middle Ages. When the economic harmony of the village is disrupted by the advent of a new noble, three wandering strangers are mercilessly scapegoated, despite the efforts of villager Walter Thirsk (Caleb Landry Jones, in a beautifully understated performance) to protect them.
Despite the turmoil it depicts, the film unfolds as gently as the familiar rhythms of the seasons.
Cinematographer Sean Price Williams’ 16mm images are uncannily beautiful, supported by an astonishing score and sound design from Nicolas Becker.
This fable about the ravages of modernity (recalling Vincent Ward’s The Navigator) – of the violence of calendar time as it overcomes the time of the harvest – is exceptional in every respect.
Not much happens. It’s a slow-moving, brooding film, and it would not be nearly as compelling seen on a small screen. But for those of us willing to make a trip to the movies, Harvest is immensely satisfying.
Redux Redux
Part of the eternally rousing Freak Me Out strand of the program from film critic Richard Kuipers, Kevin and Matthew McManus’ Redux Redux is the kind of high concept film that could easily depend too much on its ingenious conceit (a woman travels throughout the multiverse repeatedly avenging the murder of her daughter) and forget about the stuff that actually makes films work (coherent, striking visual design, immersive sound and compelling performances).
But Redux Redux gets everything right, maintaining its iron grip on the viewer from the opening title card to the closing credits. Michaela McManus – sister of the writer-directors – is brilliant as the grieving, vengeful mother, playing the part with a staid intensity that never tips into hysteria or melodrama.
There are some funny moments – the amusingly lowbrow design of the multiverse machine, for example. But the film never feels like it plays too hard for laughs. Paul Koch’s synth music and sound design are richly atmospheric without coming off as trite, and perfectly support the crisp, economical cinematography of Alan Gwizdowski.
The most impressive thing about the film is the effortlessness with which the story feels like it develops throughout – even though the plot, on the surface, involves the same thing being repeated ad nauseam.
Unlike, for example, in the case of the multiverse-themed Everything Everywhere All at Once, Redux Redux never comes across as self-indulgent, clever for its own sake. It never feels like anything other than a compulsively watchable – and immensely pleasurable – revenge thriller.
Alpha
Writer-director Jan-Willem van Ewijk’s Alpha begins as a lightly comedic intergenerational social satire.
Thirty-something Rein (Reinout Scholten van Aschat), a Dutch snowboarder in the Swiss alps, clashes with his movie-star father, Gijs (Gijs Scholten van Aschar), when Gijs visits him. Gijs flirts with Rein’s girlfriend, asks inappropriate questions about race, and parties with his son’s friends, all the time escalating the stakes, becoming increasingly overbearing and competitive.
It’s funny and familiar fare, treading similar terrain to a Ruben Östland film, and it’s well-done. Pairing a real life father and son is a casting act of genius, adding both pathos and authenticity to their competition.
Similar to Sirât, Alpha takes a sudden turn at the mid-way point. Father and son are trapped in an avalanche. It becomes a race against time as son tries to rescue father in a gruelling battle for survival.
Its brutal second half completely detonates the entire scaffold of our pleasure from the first half. Testament to the craft of van Ewijk (and the talent of the stars), this radical change in tone never feels incoherent or contrived.
By the end of Alpha, the petty dick-swinging of father and son from the first half – and the energetic (and well-shot) skiing footage – becomes nothing before the austere, cold majesty of the mountains looming over and entrapping them.
Alpha is a masterclass in audience manipulation. A truly devastating experience for the viewer.
Other notable films – and one dud!
There were too many excellent films to note them all. Some include master auteur Christian Petzold’s Mirrors No. 3, a film – typical of Petzold – of people haunted by ghosts of lives lost and faded desires, an understated film which – again, customary for Petzold’s work – has an enigmatic air one can’t quite put one’s finger on.
Kleber Mendonça Filho’s The Secret Agent was another standout: a fun, rollicking romp for cinephiles about political machinations in Brazil in the 1970s.
Richard Linklater’s Blue Moon, a biopic of American songwriter Lorenz Hart, had a charmingly goofy affect, as did Vie Privée, a breezy French thriller starring Jodie Foster as a psychoanalyst caught up in a mystery.
Olmo, which could easily have made the top five, is a charming coming of age odyssey about a Mexican-American 14-year-old going to a party with his crush. The Love That Remains is a stunningly shot, surreal comedy about the trials and tribulations of an Icelandic family.
As per usual, some exceptional documentaries screened. Joh: The Last King of Queensland made by Kriv Stenders (better known for narrative works like Red Dog), is a formally compelling study of the reign of Australia’s longest serving premier.
The Raftsmen is an uplifting crowd-pleaser about the expedition from Ecuador to Australia that captivated the public’s attention in 1973. The film is built around an exceptional archive of contemporaneous 16mm footage shot by the rafters.
Lowland Kids, produced by Darren Aronofsky, is a carefully observed documentary about a community in Louisiana forced to relocate because of climate change. This tender film counterpoints the grim reality of global warming with the individual disappointments of the characters’ personal lives.
The only truly execrable film I saw was Michel Franco’s Dreams, a hokey, profoundly dumb film masquerading as something cutting edge (wow – there’s sex, and the camera doesn’t move much), cashing in on topical problems in the United States. Worst of all – and despite ballet sequences, which are always good to watch – it’s a very ugly film.
Given the mediocre quality of much contemporary Hollywood cinema, one dud out of 40 isn’t too bad!
Ari Mattes does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.
The Middle East is a region of intense beauty and ancient kingdoms. It has also repeatedly endured periods of geopolitical instability over many centuries.
Today, geopolitical, socio-political and religious tensions persist. The world is currently watching as longstanding regional tensions come to a head in the shocking and escalating conflict between Israel and Iran.
The global airline industry takes a special interest in how such tensions play out. This airspace is a crucial corridor linking Europe, Asia and Africa.
The Middle East is now home to several of the world’s largest international airlines: Emirates, Qatar Airways and Etihad Airways. These airlines’ home bases – Dubai, Doha and Abu Dhabi, respectively – have become pivotal hubs in international aviation.
Keeping passengers safe will be all airlines’ highest priority. What could an escalating conflict mean for both the airlines and the travelling public?
Safety first
History shows that the civil airline industry and military conflict do not mix. On July 3 1988, the USS Vincennes, a US navy warship, fired two surface-to-air missiles and shot down Iran Air Flight 655, an international passenger service over the Persian Gulf.
More recently, on July 17 2014, Malaysian Airlines Flight MH17 was shot down over eastern Ukraine as the battle between Ukrainian forces and pro-Russian separatists continued.
Understandably, global airlines are very risk-averse when it comes to military conflict. The International Civil Aviation Organization requires airlines to implement and maintain a Safety Management System (SMS).
One of the main concerns – known as “pillars” – of the SMS is “safety risk management”. This includes the processes to identify hazards, assess risks and implement risk mitigation strategies.
The risk-management departments of airlines transiting the Middle East region will have been working hard on these strategies.
Headquartered in Montreal, Canada, the International Civil Aviation Organization has strict requirements and protocols to keep passengers safe. meunierd/Shutterstock
Route recalculation
The most immediate and obvious evidence of such strategies being put in place are changes to aircraft routing, either by cancelling or suspending flights or making changes to the flight plans. This is to ensure aircraft avoid the airspace where military conflicts are flaring.
At the time of writing, a quick look at flight tracking website Flightradar24 shows global aircraft traffic avoiding the airspace of Iran, Iraq, Syria, Israel, Jordan, Palestine and Lebanon. The airspace over Ukraine is also devoid of air traffic.
Rerouting, however, creates its own challenges. Condensing the path of the traffic into smaller, more congested areas can push aircraft into and over areas that are not necessarily equipped to deal with such a large increase in traffic.
Having more aircraft in a smaller amount of available safe airspace creates challenges for air traffic control services and the pilots operating the aircraft.
More time and fuel
Avoiding areas of conflict is one of the most visible forms of airline risk management. This may add time to the length of a planned flight, leading to higher fuel consumption and other logistical challenges. This will add to the airlines’ operating costs.
There will be no impact on the cost of tickets already purchased. But if the instability in the region continues, we may see airline ticket prices increase.
It is not just the avoidance of airspace in the region that could place upward pressure on the cost of flying. Airliners run on Jet-A1 fuel, produced from oil.
If Iran closes the Strait of Hormuz, the “world’s most important oil transit chokepoint”, this could see the cost of oil, and in turn Jet-A1, significantly increase. Increasing fuel costs will be passed on the paying passenger. However, some experts believe such a move is unlikely.
A major hub
The major aviation hubs in the Middle East provide increased global connectivity, enabling passengers to travel seamlessly between continents.
Increased regional instability has the potential to disrupt this global connectivity. In the event of a prolonged conflict, airlines operating in and around the region may find they have increased insurance costs. Such costs would eventually find their way passed on to consumers through higher ticket prices.
Across the globe, airlines and governments are issuing travel advisories and warnings. The onus is on the travelling public to stay informed about changes to flight status, and potential delays.
Such warnings and advisories can lead to a drop in passenger confidence, which may then lead to a drop in bookings both into and onwards from the region.
Until the increase in instability in the Middle East, global airline passenger traffic numbers were larger than pre-pandemic figures. Strong growth had been predicted in the coming decades.
Anything that results in falling passenger confidence could negatively impact these figures, leading to slowed growth and affecting airline profitability.
Despite high-profile disasters, aviation remains the safest form of transport. As airlines deal with these challenges they will constantly work to keep flights safe and to win back passenger confidence in this unpredictable situation.
Natasha Heap does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.
Source: United States Senator for Massachusetts Ed Markey
Washington (June 16, 2025) – Senator Edward J. Markey (D-Mass.), a member of the Environment and Public Works (EPW) Committee and the Health, Education, Labor, and Pensions (HELP) Committee, today released the following statement after Senate Republicans released the Senate Finance portion of their reconciliation bill text.
“Tonight, Senate Republicans released bill text that would take from children and families, make the biggest cuts to health care in United States history, and forsake the future of our planet – all to give tax breaks to billionaires. Millions of children would lose the Child Tax Credit. Cuts to Medicaid, Medicare, and the Affordable Care Act would force hospitals and nursing homes to cut back services or close, and millions of Americans would need to travel further, wait longer, and pay more for their health care.
“Meanwhile, Senate Republicans are doubling down on egregious attacks on the historic investments in the Inflation Reduction Act, threatening hundreds of thousands of jobs and hundreds of billions in investments in our communities. Instead of helping to lower energy costs and reduce pollution, Republicans are continuing their vendetta against wind and solar energy – the cheapest and cleanest sources of electricity – to pad the pockets of their Big Oil and Gas Buddies.
“Republicans do not have to pass this Big, Ugly Bill. There is no need to force people out of work, rip people’s health care away from them, or steal from our future. Republicans must stand up and say no to this Big Billionaire Boondoggle.”
In a major development, the Financial Action Task Force (FATF) on Monday severely condemned the “brutal terrorist attack” in Pahalgam on April 22, stating that it could not have taken place without “money and the means” to move funds between terrorist supporters.
“Terrorist attacks kill, maim and inspire fear around the world. The FATF notes with grave concern and condemns the brutal terrorist attack in Pahalgam on 22 April 2025. This, and other recent attacks, could not occur without money and the means to move funds between terrorist supporters,” the FATF said in a statement after its plenary meeting.
It mentioned further: “As highlighted by the FATF President at the recent No Money for Terror Conference in Munich, no single company, authority, or country can combat this challenge alone. We must be unified against the scourge of global terrorism. Because terrorists need to succeed only once to achieve their goal, while we have to succeed every time to prevent it.”
As many as 26 innocent tourists were massacred in the Pakistan-sponsored terror attack in Jammu & Kashmir’s Pahalgam.
Investigations into the Pahalgam terror attack brought out the communication nodes of terrorists in and to Pakistan. A group calling itself The Resistance Front (TRF) – a front for the UN-proscribed Pakistani terror outfit Lashkar-e-Taiba – had claimed responsibility for the attack.
India had given inputs about the TRF in the half-yearly report to the Monitoring Team of the United Nations’ 1267 Sanctions Committee in May and November 2024, bringing out its role as a cover for Pakistan-based terrorist groups.
Earlier too, in December 2023, India had informed the monitoring team about LeT and Jaish-e-Mohammad operating through small terror groups such as the TRF. Pakistan’s pressure to remove references to TRF in the April 25 UN Security Council Press Statement were highlighted by the Ministry of External Affairs (MEA) during Operation Sindoor.
Asserting that Pakistan has a history of misusing bailout packages for cross-border terrorism, Defence Minister Rajnath Singh had called for putting the failed state back on the FATF grey list.
“The state and non-state actors are two sides of the same coin in Pakistan, which became evident when designated terrorists were accorded funerals with state honours,” Singh said earlier this month.
The FATF, which develops and promotes policies to protect the global financial system against money laundering, terrorist financing and the financing of proliferation of weapons of mass destruction, has acknowledged in the past that India has suffered from the effects of terrorism consistently since its independence in 1947 and still faces a “disparate range of terrorism threats”, categorised into different theatres.
Speaking exclusively with IANS recently, several experts, including former diplomats and counterterrorism experts, backed a strong action against Pakistan, including by putting the country back on the grey list of the FATF for its continuous involvement in terror financing and backing global terror outfits.
“Terror doesn’t come out of the blue. It’s something that has to be financed, structured and so forth. So, it’s a long, concerted action that lies behind all this terror. Therefore, you need to do whatever you can globally, also regionally, to secure that we don’t have financing that will flow into the streams of terror. It has to stop. Pakistan has to be put where they belong. So, they have to be put on that list, no doubt about that,” Freddy Svane, the former Danish Ambassador to India, told IANS in an exclusive interview, earlier this month.
Indian benchmark indices opened in the red on Tuesday, tracking weak cues from Asian markets, with early trade witnessing selling pressure in auto, IT, and pharma sectors.
At around 9:28 a.m., the BSE Sensex was down 186.35 points or 0.23 per cent at 81,609.80, while the NSE Nifty fell 68.20 points or 0.27 per cent to trade at 24,878.30.
The Nifty Bank index slipped 30.10 points or 0.05 per cent to 55,914.80. The Nifty Midcap 100 index was trading lower by 36.40 points or 0.06 per cent at 58,732.10, while the Nifty Smallcap 100 declined 66.30 points or 0.36 per cent to 18,482.90.
Market sentiment remained cautious as investors reacted to geopolitical tensions and global cues. Analysts noted that former US President Donald Trump’s latest comments on Iran have raised concerns about the broader geopolitical outlook.
Despite escalating tensions between Iran and Israel, global markets have shown resilience. The decline in the US volatility index (CBOE VIX) suggests that sharp corrections are unlikely unless the conflict escalates further, market experts said.
“The key reason for the market’s resilience is the participation of retail investors, who continue to see every market dip as a buying opportunity. Elevated valuations are not discouraging retail flows,” said Dr. V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
Among the Sensex constituents, Axis Bank, Kotak Mahindra Bank, NTPC, PowerGrid, Adani Ports, ICICI Bank, SBI, TCS, and HCL Tech were the top gainers in early trade. On the flip side, Tata Motors, Sun Pharma, IndusInd Bank, UltraTech Cement, Titan, and Bajaj Finance were among the top losers.
On the institutional side, foreign institutional investors (FIIs) offloaded equities worth ₹2,287.69 crore on June 16, while domestic institutional investors (DIIs) remained net buyers with purchases worth ₹5,607.64 crore.
In Asian markets, indices in Bangkok, Jakarta, Japan, and Seoul were trading in the green, while those in Hong Kong and China witnessed losses.
In the previous trading session, US markets ended higher. The Dow Jones closed at 42,515.09, up 317.30 points or 0.75 per cent. The S&P 500 gained 56.14 points or 0.94 per cent to end at 6,033.11, and the Nasdaq rose 294.39 points or 1.52 per cent to 19,701.21.
Attention now turns to the US Federal Reserve, which begins its two-day policy meeting on Tuesday. The central bank is widely expected to keep interest rates unchanged.
“Comments from Fed Chair Jerome Powell will be closely watched, especially in the context of easing inflation and continued economic strength,” said Devarsh Vakil, Head of Prime Research at HDFC Securities.
Secretary-General of ASEAN, Dr. Kao Kim Hourn, today attended the 2025 ASEAN-ROK Connectivity Forum, where he delivered the keynote speech. This year’s forum carried the theme “ASEAN-ROK Cooperation on Connectivity: Master Plan on ASEAN Connectivity 2025 Review and Opportunities under the ASEAN Connectivity Strategic Plan.” In his speech, Dr. Kao highlighted the progress of the ASEAN Connectivity agenda under the newly adopted ASEAN Connectivity Strategic Plan, driven by current and emerging trends and priorities including the increasing importance of supply chain resilience. He also commended the ROK’s commitment in advancing connectivity across all dimensions through tangible regional connectivity efforts.
Download the full keynote speech here.
The post Secretary-General of ASEAN delivers keynote speech at the 2025 ASEAN-ROK Connectivity Forum appeared first on ASEAN Main Portal.
Source: NSW Government puts trust in NAB to transform banking and payments
12 06 2025 – Media release
Emily: I Am Kam. Photo Toly Sawenko. A powerful new documentary, Emily: I Am Kam, revealing the work of Australia’s most significant artist, Emily Kam Kngwarray, premieres on National Indigenous Television (NITV) and SBS On Demand on Wednesday 9 July at 8:30pm, with an encore on SBS on Saturday 12 July at 8:30pm. Directed by Danielle MacLean, the film delves into Emily Kam Kngwarray’s transformative impact on the international contemporary art world and her enduring legacy. Emily: I Am Kam is a detailed portrait that offers an intimate and profound exploration of Kngwarray, a trailblazing Anmatyerr artist from the Northern Territory. Kngwarray is celebrated as one of Australia’s most significant and prolific artists. Her work is deeply rooted in her connection to Country, culture, and community, Emily: I Am Kam follows the preparations of the National Gallery of Australia’s major 2023 Kngwarray retrospective. It provides a rare opportunity to witness her journey and the profound influence of her art and explores the power of Emily’s work to protect her Country, Alhalker. The film has received principal production funding from Screen Australia’s First Nations Department, and features rare archival recordings, audio, and visuals from the mid-1970s onwards, many of which have never been seen or heard before. These materials allow Kngwarray to speak in her own words, offering viewers an authentic and personal insight into her life and artistic process. Interviews with Emily’s descendants as they revive the awely (women’s ceremony) and collaborate on a major retrospective exhibition, reaffirms her connection to Country and community and helps audiences gain an understanding of who she was and why she painted. It also reveals her legacy is much more than the 3,000 or so paintings she left behind. Emily: I Am Kam is produced by Anna Grieve and Danielle MacLean of Tamarind Tree Pictures, and written and directed by Danielle MacLean. Screen Australia First Nations Department Development and Investment Manager Jorjia Gillis said, “Emily: I Am Kam is a powerful documentary that highlights the culturally significant work, life and legacy of Emily Kam Kngwarray. The creative team led by Danielle MacLean and Anna Grieve have expertly captured the impact of Emily’s career as her paintings truly are living histories with intrinsic connection to Country, community and culture.”
Producers Danielle MacLean and Anna Grieve of Tamarind Tree Pictures said, “Emily: I Am Kam is much more than an art documentary, it is a cultural story told while working alongside the Alhalker and Anangker women, Kngwarray’s descendants and cultural successors. These women carry Emily’s legacy in their bodies, their songs, their ceremonies and in their relationship to Country. They welcomed us onto their land, shared their knowledge, and allowed us to witness what cannot be found in archives or galleries – the living continuation of Kngwarray’s culture Emily: I Am Kam is not a Western story of artistic genius or fame. It is a story of deep cultural continuity, told from within the community.” Dena Curtis, Head of Indigenous Commissioning and Production at NITV said, “Emily Kam Kngwarray is one of Australia’s most significant artists. Having reshaped the international art world, her work and legacy continues to reverberate globally. Emily: I Am Kam explores the intersection of art, culture and Country, NITV is the home of black excellence, and we are incredibly proud to bring Kngwarray’s story to audiences and highlight the living continuation of her culture and legacy.” Dr Nick Mitzevich, Director, National Gallery of Australia said, “Emily Kam Kngwarray was one of the most significant artists of the 20th century. Her original artistic vision and powerful expression of Country, Community, culture and identity has been celebrated globally. As custodians of the largest collection of her art, it is important that the National Gallery shares Kngwarray’s life and art with Australians and the world. It is with great excitement to share her legacy through this captivating documentary.” Jennie Hughes, Director at Screen Territory said, “Emily Kam Kngwarray’s story is one of extraordinary cultural and creative significance — not just for the Northern Territory, but for the world. Emily: I Am Kam offers a powerful exploration of her legacy, and Screen Territory is proud to support this remarkable documentary from Tamarind Tree Pictures, skillfully directed by the talented Danielle MacLean. This film not only honours one of Australia’s most celebrated artists, but also deepens our understanding of Indigenous art, culture, and the connection to Country.” Emily: I Am Kam is a Tamarind Tree Pictures production for NITV. Principal Production funding from Screen Australia’s First Nations Department in association with National Gallery of Australia. Financed with support from NITV and Screen Territory. Watch Emily: I Am Kam on NITV and SBS On Demand on Wednesday 9 July at 8:30pm and on SBS on Saturday 12 July at 8:30pm, as part of the network’s NAIDOC Week celebrations. Subtitles will be available on SBS On Demand in Arabic, Simplified Chinese, Traditional Chinese, Korean and Vietnamese, with audio description for blind or low vision audiences. NITV Media Enquiries: Hannah Watkins, Senior Communications Specialist 0411 362 727 | [email protected] Media enquiries Maddie Walsh | Publicist + 61 2 8113 5915 | [email protected] Jessica Parry | Senior Publicist (Mon, Tue, Thu) + 61 428 767 836 | [email protected] All other general/non-media enquiries Sydney + 61 2 8113 5800 | Melbourne + 61 3 8682 1900 | [email protected]
