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Category: Business

  • MIL-OSI USA: 60 Affordable Homes Completed in Schenectady

    Source: US State of New York

    overnor Kathy Hochul today announced the completion of Mosaic Apartments, a 60-unit affordable housing development in the Mont Pleasant neighborhood in the City of Schenectady. Half of the apartments in the $27 million development are reserved for individuals and families struggling with homelessness and in need of support services, including older New Yorkers. Under Governor Hochul’s leadership, New York State Homes and Community Renewal has financed more than 4,700 affordable homes in the Capital Region, including more than 600 in Schenectady County. Mosaic Apartments continues this effort and complements Governor Hochul’s $25 billion five-year housing plan, which is on track to create or preserve 100,000 affordable homes statewide.

    “New York is committed to creating affordable homes and supporting our most vulnerable communities,” Governor Hochul said. “Mosaic Apartments is creating new housing opportunities for 60 households and continues statewide efforts to build more housing and tackle the housing crisis. I am proud to have partners at the local level who support our housing agenda and are helping to make New York more affordable for individuals and families.”

    Units at Mosaic Apartments are available to households earning up to 50 percent of the Area Median Income. Tenants living in the supportive apartments will receive services including case management, healthcare coordination, transportation, community integration, and independent living skills education.

    The fully-electric development features rooftop solar panels, ENERGY STAR(r) appliances, electric heating and cooling, and energy-efficient lighting. There are also water‐conserving plumbing fixtures and electric hot water heaters.

    Mosaic Apartments complements the ongoing planning and revitalization efforts in the City of Schenectady’s 2020 Mont Pleasant Neighborhood Plan and the U.S. Department of Housing and Urban Development’s 2018 Mont Pleasant Renewal Area Plan. The site was assembled by the City of Schenectady’s unified economic development team including the Schenectady Metroplex Development Authority and the Capital Region Land Bank. The development is walking distance from a County library branch, convenience store, and schools.

    DePaul Properties is the project’s developer and DePaul Community Services is providing the on-site support services. Applications for Mosaic Apartments are now being accepted and qualified individuals can apply online at https://www.depaul.org/locations/mosaic-apartments/.

    Mosaic Apartments is supported by New York State Homes and Community Renewal’s Federal Low-Income Housing Tax Credit program, which generated $11 million in equity, $5.8 million from its Federal Housing Trust Fund, $4 million from its Supportive Housing Opportunity Program, and $330,000 from its Clean Energy Initiative program, created in partnership with the New York State Energy Research and Development Authority (NYSERDA). The project is also supported by $4.3 million from the New York State Office of Temporary and Disability Assistance’s Homeless Housing and Assistance Program and a $226,200 program development grant from the New York State Office of Mental Health. Additional funding includes $525,000 from the Schenectady Metroplex Development Authority and $200,000 from the Capital Region Land Bank. Operating funding for the supportive apartments is provided by the Empire State Supportive Housing Initiative administered by the New York State Office of Mental Health.

    New York State Homes and Community Renewal Commissioner RuthAnne Visnauskas said, “Mosaic Apartments will give 60 households an affordable, modern, and energy-efficient place to call their own. This $27 million investment in the Schenectady community builds on the city’s continued efforts to enhance quality-of-life throughout the Mount Pleasant neighborhood and provides much-needed support to vulnerable residents. We thank the Governor for her ongoing efforts to increase housing opportunities across the state, Mayor McCarthy for his continued collaboration, and for our development partners for making this project a reality.”

    New York State Office of Temporary and Disability Assistance Commissioner Barbara C. Guinn said, “The 30 apartments with supportive services will help vulnerable New Yorkers who have experienced homelessness to access vital services while remaining safely housed. We are grateful to all of our partners for the successful completion of Mosaic Apartments and what it represents–that supportive housing can strengthen communities while stabilizing lives.”

    NYSERDA President and CEO Doreen M. Harris said, “New York continues to prioritize expanded access to clean, modern, affordable living opportunities across the state, especially for those who have been historically marginalized. Adopting all-electric and energy efficient building features such as electric heating and cooling and rooftop solar, like we see at Mosaic Apartments, demonstrates how we can create accessible living environments that prioritize the needs and well-being of our communities.”

    New York State Office of Mental Health Commissioner Dr. Ann Sullivan said, “All New Yorkers should have the ability to age with dignity within their community. The Mosaic Apartments will provide stable homes and supportive services for older adults living with mental illness. This project represents Governor Hochul’s strong commitment to developing new supportive housing throughout our state to help older adults live safely in independent settings.”

    Representative Paul Tonko said, “I’m so proud to celebrate the completion of Mosaic Apartments, an all-electric, energy-efficient affordable housing development that will address critical housing needs in the Schenectady area. Investments in sustainable, affordable housing are an essential part of our efforts to build stronger communities. Now, thanks to significant federal funding from the Low-Income Housing Tax Credit program, this development will help advance our efforts to provide quality living spaces for all residents of our Capital Region — particularly for seniors and individuals with disabilities — while also moving us toward a cleaner, greener future.”

    Schenectady County Legislature Chair Gary Hughes said, “We thank Governor Hochul for making this $27 million investment in Schenectady County possible. By working as a team, we have been able to build more than 3,000 new housing units in our community in recent years and this pro-housing effort has helped to make Schenectady County the fourth fastest growing county in New York State.”

    Schenectady Mayor Gary McCarthy said, “The new Mosaic development adds to the momentum in our neighborhoods replacing vacant properties with new quality apartments that we are proud to showcase at this grand opening today.”

    DePaul President Mark Fuller said, “DePaul is grateful to Governor Kathy Hochul and partners for assisting us in increasing our ability to provide permanent housing where residents can access the support services they require to live successfully. We look forward to changing even more lives for individuals in Schenectady and across New York State by offering housing stability for the most vulnerable populations.”

    Governor Hochul’s Housing Agenda

    Governor Hochul is committed to addressing New York’s housing crisis and making the State more affordable and more livable for all New Yorkers. As part of the FY 2025 Enacted Budget, the Governor secured a landmark agreement to increase New York’s housing supply through new tax incentives, capital funding, and new protections for renters and homeowners. Building on this commitment, the FY 2026 Enacted Budget included more than $1.5 billion in new state funding for housing, a Housing Access Voucher pilot program, and new policies to improve affordability for tenants and homebuyers. In addition, as part of the FY 2023 Enacted Budget, the Governor announced a five-year, $25 billion Housing Plan to create or preserve 100,000 affordable homes statewide, including 10,000 with support services for vulnerable populations, plus the electrification of an additional 50,000 homes. Nearly 60,000 homes have been created or preserved to date.

    The FY 2025 Enacted Budget also strengthened the Pro-Housing Community Program which the Governor launched in 2023. Pro-Housing certification is now a requirement for localities to access up to $750 million in discretionary funding. Currently, more than 300 communities have been certified, including the City of Schenectady.

    MIL OSI USA News –

  • MIL-OSI: Kvika banki hf: Kvika’s Board responds to merger proposals

    Source: GlobeNewswire (MIL-OSI)

    Reference is made to announcements from Kvika banki hf. (“Kvika” or “the Bank”) dated 27 and 28 May, stating that Arion banki hf. and Íslandsbanki hf. had each expressed interest in initiating merger discussions with Kvika.

    Following due consideration, the Board of Kvika has concluded that the proposals received from Arion banki hf. and Íslandsbanki hf. on 27 and 28 May do not reflect the intrinsic value of Kvika. The Board therefore does not believe that entering into merger discussion based on these proposals is in the best interest of the bank.

    Nonetheless, the Board of Kvika is of the opinion that significant opportunities and value could be realised through a potential combination of businesses, to the benefit of both shareholders and customers. Should the interested parties be willing to improve their proposals, the Board is open to revaluate its decision. Arion banki hf. and Íslandsbanki hf. have been notified accordingly.

    Please note that this notice is a disclosure of inside information per article 7 of regulation (EU) No 596/2014 on market abuse (“MAR”), which is implemented into Icelandic law with the act on measures against market abuse No 60/2021.

    The MIL Network –

  • MIL-OSI: Painted Brick Digital Joins ALS Arizona’s Bite Nite as Supporting Sponsor

    Source: GlobeNewswire (MIL-OSI)

    Phoenix, AZ , June 13, 2025 (GLOBE NEWSWIRE) — Painted Brick Digital, a results-driven Phoenix SEO Agency, proudly participated as a supporting sponsor of ALS Arizona’s annual Bite Nite Gala, held on Saturday, June 7, 2025, at Chateau Luxe in North Phoenix. The event shattered previous records, raising over $550,000 to support Arizonans living with ALS.

    ALS Bite Night Theme “Boots & Bites”

    As a local Phoenix Marketing Agency, Painted Brick Digital purchased a sponsorship table and invited community members who contributed additional donations during the evening’s festivities. Guests enjoyed tastings from some of the Valley’s top chefs, a silent auction, and powerful stories from those affected by ALS.

    “It was an honor to be part of the 2025 ALS Bite Nite,” said Adam Truszkowski, founder of Painted Brick Digital. “A truly meaningful cause that helps those in our community who have been affected by this terrible disease, regardless of their background. Though many continue to fight and show that ALS hasn’t broken them, their resilience is nothing short of awe-inspiring.”

    Bite Nite is one of ALS Arizona’s signature fundraising events, and this year’s record-breaking total reflects the strength of the community’s support. Painted Brick Digital’s involvement is part of the agency’s broader commitment to giving back locally, while continuing to help small businesses and eCommerce brands grow nationally through SEO, digital advertising, and conversion-focused marketing strategies.

    For more on Painted Brick Digital’s digital marketing and SEO services, visit Paintedbrickdigital.com.
    To learn more about ALS Arizona or contribute to their mission, visit ALSAZ.org.

    A look from our table.

    About Painted Brick Digital

    **PBD – Award-Winning Scottsdale Marketing Agency** At Painted Brick Digital, we specialize in crafting bespoke digital marketing strategies that drive results. Our award-winning team in Scottsdale excels in SEO, website development, media buying, and more. We blend creativity with data-driven insights to help businesses grow and thrive in the digital landscape. Discover the Painted Brick Digital difference and elevate your brand to new heights.

    Press inquiries

    Painted Brick Digital
    https://paintedbrickdigital.com/
    Adam Truszkowski
    paintedbrickdigital@gmail.com

    The MIL Network –

  • MIL-OSI Canada: Province helps build global connections for B.C.’s life-sciences sector

    Source: Government of Canada regional news

    B.C. will lead a delegation of companies to the BIO International Convention in Boston, Mass., to attract more investment to the province’s life-sciences sector and build relationships with other countries to help strengthen the economy against ongoing U.S. tariffs.

    Diana Gibson, Minister of Jobs, Economic Development and Innovation, will be at the conference June 15-19, 2025.

    BIO is the largest and most comprehensive international event for biotechnology, bringing 20,000 industry leaders together from across the globe. The ministry will showcase B.C.’s award-winning Life Sciences and Biomanufacturing Strategy to international delegates. The strategy builds on the momentum of the rapidly expanding sector and supports businesses to more easily commercialize their innovations.

    “We want attendees at BIO to know that B.C. is open for business and we are ready to welcome new investors and talent to join our growing life-sciences, health-care and technology sectors,” Gibson said. “With our competitive advantages, our talented people, world-class universities, and rich startup and scale-up ecosystem, B.C.’s life-sciences and biomanufacturing sector is growing faster than anywhere else in the country.”

    Gibson will highlight B.C.’s life-sciences sector as a global leader in innovative discoveries and world-leading products and services. Meetings are set with potential investors, venture-capital and other business partners to explore opportunities and foster critical relationships.

    “British Columbia’s life-sciences sector is an innovation powerhouse with world-class research, top-tier talent and a dynamic startup ecosystem,” said Wendy Hurlburt, president and CEO, Life Sciences BC. “As global investors and strategic partners seek impactful, breakthrough technologies, B.C. is at the forefront, offering exceptional opportunities to shape the future of health. At BIO 2025, Life Sciences BC and our delegation of almost 40 companies is inviting the world to discover why British Columbia is the place where the future of life sciences is being built.”

    Life Sciences B.C. will host its opening reception, which is one of the main go-to Canadian events at the conference with more than 200 attendees and approximately half being international audiences. B.C. delegates will promote common goals and their Team B.C. approach at the convention.

    “British Columbia is home to exceptional scientific talent and a life-sciences sector with real, growing momentum,” said Kenneth Galbraith, chair and chief executive officer of Zymeworks. “At Zymeworks, we’ve grown from our roots in Vancouver to a global company that is partnering with some of the world’s leading biopharmaceutical organizations to advance novel therapies for difficult-to-treat cancers. Our experience and expertise reflect the strength of British Columbia’s innovation ecosystem and its ability to support companies as they scale to make a real impact for patients in need.”

    Key discussions will include international talent mobility and workforce development, technology commercialization, strengthening collaboration between post-secondary institutions, expanding research and innovation partnerships in priority sectors, such as artificial intelligence and health tech, and highlighting B.C.’s strength as a clean-tech hub.

    B.C. continues to make record investments in its world-renowned research centres to support their discoveries and innovations. To date, government has invested more than $737 million and leveraged more than $1.2 billion in federal funding and private investment to expand the life-sciences sector.

    As Canada’s gateway to the Pacific, British Columbia is ideally located for easy and cost-effective international commerce, with a business day that conveniently overlaps with afternoon working hours in Europe, the morning in Asia and is synchronized for the full day with California and Washington state.

    Learn More:

    To learn more about the advantages of doing business in British Columbia, visit: https://www.britishcolumbia.ca

    For information about B.C.’s Life Sciences and Biomanufacturing Strategy, visit: https://www2.gov.bc.ca/gov/content/governments/technology-innovation/life-sciences-biomanufacturing

    For more information about the BIO International Convention, visit: https://www.bio.org/events/bio-international-convention

    A backgrounder follows.

    MIL OSI Canada News –

  • MIL-OSI Canada: The FCAA Warns Saskatchewan Residents of Scams Targeting Wildfire Evacuees

    Source: Government of Canada regional news

    Released on June 13, 2025

    The Financial and Consumer Affairs Authority of Saskatchewan (FCAA) is warning residents of scams that are targeting wildfire evacuees. The messages claim to be from the Canadian Red Cross and request personal and banking information in order to process payments.

    The Canadian Red Cross has issued a fraud alert regarding Manitoba and Saskatchewan wildfires advising that individuals eligible for financial assistance will NOT need to provide their social insurance number, bank account information or credit card number during their registration to receive assistance. 

    In light of this recent scam, the FCAA encourages all Saskatchewan residents to be mindful if you are contacted by a charitable organization requesting personal or banking information. 

    Scam red flags (email, phone and text)

    • Emails coming from a domain that does not match the company.
    • Unsolicited calls or texts from unknown numbers.
    • Messages with spelling or grammar errors.
    • Requests for personal or banking information.
    • Pressure to act quickly. 
    • Too-good- to-be-true offers. 
    • Suspicious links and attachments. 
    • If you are unable to confirm the organization’s registration or licence.

    Tips to protect yourself from scams 

    • Do not answer or engage with unsolicited messages. 
    • Do not click on any links or attachments.
    • Never share personal information (SIN, bank account, credit card) through email, phone or text.
    • If you suspect you have received a scam email, phone call or text, contact your local police or the Canadian Anti-Fraud Centre immediately.

    The FCAA licenses for-profit charitable fund-raising businesses acting on behalf of a registered charity. Click here to check the charitable fundraising businesses licensed through the FCAA. Charities acting on their own behalf, including the Canadian Red Cross, are registered with the Canada Revenue Agency (CRA). Click here to check the charities registered with the CRA.

    For more information about donating to a charity, visit the FCAA’s website at https://fcaa.gov.sk.ca/consumers-investors-pension-plan-members/consumers/donating-to-charity.

    -30-

    For more information, contact:

    MIL OSI Canada News –

  • MIL-OSI Canada: Premier Returns to Boston to Promote Life Sciences Sector, Meet With Northeastern Governors

    Source: Government of Canada regional news

    Premier Tim Houston will be in Boston this weekend to attend the BIO Boston International Convention, the largest biotechnology conference in the world, and meet with northeastern U.S. governors to discuss shared priorities.

    At the conference, the Premier will host an event for international biopharma representatives to showcase Nova Scotia’s commitment to advance the life sciences sector and highlight the importance of the sector’s role in promoting both health outcomes and economic growth.

    The meeting with northeastern U.S. governors follows an invitation they extended to eastern Canadian premiers in early May amid concerns over tariffs and maintaining strong trade relations.

    “The New England region has always been an important trade partner to Nova Scotia, and it will continue to be even as we forge new relationships and create new opportunities for hard-working Nova Scotians,” said Premier Houston. “Our ties to New England run deep, and Nova Scotia has a lot to offer – from expertise in the biotech sector, to high-quality seafood, to wind energy that can help power New England’s energy needs, and so much more.”

    Premier Houston has cited New England as an example of a region with massive energy needs that could benefit from Nova Scotia’s plan to construct offshore wind turbines.

    Premier Houston continues to discuss the removal of interprovincial trade barriers, improved labour mobility and diversifying to new markets with other premiers and the federal government. Several jurisdictions have already agreed to remove trade barriers.

    As part of Budget 2025-26, the Province will work to strengthen Nova Scotia’s self-reliance by investing in critical minerals, wind resources and the seafood sector, in addition to investing more money to grow the Nova Scotia Loyal program. The Province will also develop a comprehensive trade action plan to facilitate internal trade, enhance productivity and drive critical sectors with input from businesses and industry.

    Quick Facts:

    • in 2024, Nova Scotia exports to the New England states reached $1.2 billion, and imports from this region were almost $64 million
    • the annual BIO International Convention attracts more than 20,000 industry leaders from across the globe; last year the Premier attended the event in San Diego
    • seven Nova Scotian companies have confirmed their attendance at BIO International Convention 2025
    • mission delegates from the Province include Premier Houston; Michelle Thompson, Minister of Health and Wellness; Nicole LaFosse Parker, Chief of Staff and General Counsel, Premier’s Office; Tracey Taweel, Executive Deputy Minister; and Jean MacEachern, Special Advisor to the Minister of Health and Wellness

    Additional Resources:

    BIO International Convention 2025: https://eventannual.com/bioconference/

    News release – Premier to Promote Nova Scotia Opportunities in New York, Boston: https://news.novascotia.ca/en/2025/03/12/premier-promote-nova-scotia-opportunities-new-york-boston

    MIL OSI Canada News –

  • MIL-OSI Security: Former Hedge Fund Manager Arrested for Insider Trading and Obstruction of Justice

    Source: Office of United States Attorneys

    Defendant indicted for allegedly trading on material non-public information to earn more than $4 million in profits, making false statements and intimidating a cooperating witness.

    BOSTON – A former Miami-based hedge fund manager was arrested today in connection with his alleged role in a multi-million-dollar insider trading scheme and obstruction of justice.

    Kris Bortnovsky, a/k/a “Kris Bort,” 44, of Bal Harbour Village, Fla., has been charged in a six-count indictment unsealed today. The indictment charges Bortnovsky with two counts of securities fraud; two counts of conspiracy to commit securities fraud; one count of making false statements; and one count of witness intimidation. The defendant was arrested today in the Southern District of Florida and will appear in federal court in Boston at a later date.

    According to the indictment, Bortnovsky served as a hedge fund manager and, from at least 2017 through 2019, allegedly conspired with others to trade in the stocks of several publicly traded companies based on material non-public information regarding the earnings results and merger-and-acquisition activity of those companies. It is further alleged that, when interviewed by agents, Bortnovsky made several materially false statements. It is further alleged that, after being charged with securities fraud, and in violation of his pre-trial conditions of release, Bortnovsky intimidated and attempted to intimidate a then-cooperating witness.

    Charges against three other defendants who have previously pleaded guilty to their involvement in the insider trading scheme were also unsealed today. A fifth defendant who participated in the scheme previously pleaded guilty and was sentenced to one year in prison.  The government’s investigation remains ongoing.

    The charge of conspiracy to commit securities fraud in violation of Title 18 provides for a sentence of up to 25 years in prison, five years of supervised release and a fine of $250,000 or twice the gross gain or loss, whichever is greater. The charge of conspiracy to commit securities fraud in violation of Title 15 provides for a sentence of up to five years in prison, three years of supervised release and a fine of $250,000 or twice the gross gain or loss, whichever is greater. The charge of securities fraud in violation of Title 18 provides for a sentence of up to 25 years in prison, five years of supervised release and a fine of $250,000 or twice the gross gain or loss, whichever is greater. The charge of securities fraud in violation of Title 15 provides for a sentence of up to 20 years in prison, three years of supervised release and a fine of $5 million.  The charge of making false statements provides for a sentence of up to five years in prison, three years of supervised release and a fine of $250,000. The charge of obstruction of justice through witness intimidation provides for a sentence of up to 20 years in prison, with an additional maximum potential 10-year consecutive prison term because the offense was allegedly committed while Bortnovsky was on pre-trial release, as well as three years of supervised release and a fine of $250,000. Sentences are imposed by a federal district court judge based upon the U.S. Sentencing Guidelines and statutes which govern the determination of a sentence in a criminal case.

    United States Attorney Leah B. Foley and Kimberly Milka, Acting Special Agent in Charge of the Federal Bureau of Investigation’s Boston Division made the announcement today. The U.S. Securities and Exchange Commission and the Federal Bureau of Investigation, Miami Field Office, provided valuable assistance in this matter. Assistant United States Attorneys Ian J. Stearns and Kaitlin R. O’Donnell of Foley’s Securities, Financial & Cyber Fraud Unit are prosecuting the case.

    The details contained in the charging documents are allegations. The defendant is presumed innocent unless and until proven guilty beyond a reasonable doubt in a court of law.
     

    MIL Security OSI –

  • MIL-OSI: Nimanode Presale Skyrockets Past 15% Softcap Target, Set to Give Early Participants First Mover Edge

    Source: GlobeNewswire (MIL-OSI)

    LEEDS, United Kingdom, June 13, 2025 (GLOBE NEWSWIRE) — The highly anticipated Nimanode (NMA) Presale has so far surpassed expectations, rapidly filling 15% of its softcap which has fuelled intense investor FOMO.

    Nimanode, coined the “first no-code AI agent platform built natively on the XRP Ledger”, presents a no-brainer opportunity to what is poised to be the next evolution of DeFi on XRP.

    Analysts have predicted $NMA could deliver high returns as we prepare for an alt season once it debuts on major decentralized exchanges (DEXs).

    Join $NMA Presale

    Nimanode’s NMA Token Sale Surges as Investor Demands Intensifies

    FOMO is already building up as the Nimanode Presale momentum indicates strong confidence from early investors citing a belief in the project.

    Early participants have already scooped up 15% of the initial presale softcap allocation, signaling growing market interest and early momentum.

    Demand for the NMA token has also surged as tokens are set to be listed at an upward 25% price from presale prices at top XRPL exchanges like Magnetic, so instant returns for early investors are expected.

    Such attractive pricing is resonating deeply with investors who missed out on XRP’s early growth stages.

    Pioneering the AI x Blochchain Wave on XRP Ledger

    Nimanode positions itself as a first-of-its-kind AI-powered infrastructure and agent economy, purpose-built on the XRP Ledger. By aligning with the renewed momentum surrounding XRP’s ecosystem, Nimanode aims to harness both the network’s technical evolution and the community’s growing excitement.

    Though independent from Ripple’s official roadmap, Nimanode leverages XRP Ledger’s speed, low fees, and increasing developer adoption to help reignite the bullish energy seen in previous cycles.

    To put it in perspective, XRP once saw an explosive 137,000% surge during the 2017–2018 bull market. Now, as the XRP ecosystem rebounds—with the token retracing back to $2.20—Nimanode’s emergence offers a timely opportunity to capture investor interest around intelligent automation, agent-powered DeFi, and tokenized real-world utilities built directly on XRPL.

    Buy $NMA

    Reimagining the Future of Work Through AI Agents, A Core Value

    Nimanode isn’t just riding the wave of XRP’s momentum, it introduces a suite of pioneering features designed to fuel long-term growth and ecosystem resilience. It is working to be a part of the future of work.

    Zero-Code Agent Builder: Create and launch AI agents through an intuitive drag-and-drop interface
    Autonomous On-Chain Agents: Agents can interact with dApps, execute logic, and respond to events
    Decentralized Agent Marketplace: Allows the community to deploy and monetize AI Agents
    Cross-Chain & Off-Chain Integration: Enable automation across multiple networks and external APIs

    Time to Move: Nimanode Presale Gaining Momentum

    With early interest accelerating and a powerful utility-driven token model, investor excitement around Nimanode is building fast. As more participants secure their share of $NMA, the window for getting in at the most favorable entry point is narrowing quickly.

    Don’t miss out! Head to the Nimanode Presale Page now and claim your $NMA tokens before this early opportunity slips away! Participation details are easy and can be clearly seen on their page.

    Connect with Nimanode

    Website: https://nimanode.com

    Twitter/X: https://x.com/nimanodeai

    Telegram: https://t.me/nimanodeAI

    Documentation: https://docs.nimanode.com

    Contact:
    Nick Lambert
    contact@nimanode.com

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0f1cb75d-6cd8-4a9e-a31a-f1757087a2e8

    The MIL Network –

  • MIL-OSI Global: The Club World Cup 2025 shows sharing the stage is the future of global sport

    Source: The Conversation – UK – By David Cook, Senior Lecturer in Marketing, Nottingham Trent University

    Before it kicked off, the all new revamped and expanded men’s 2025 Fifa Club World Cup had already attracted controversy.

    Some think even more football matches at the end of a long season pose a risk to player welfare. Others are concerned about a lack of fan engagement.

    But aside from these issues the tournament, which features 32 clubs from around the world, provides fresh evidence of a new model emerging in global sport.

    This event, which is being staged in 12 different cities across the US, is the latest experiment in “polycentric” hosting, where multiple locations collaborate as destinations for international sporting events.

    Get your news from actual experts, straight to your inbox. Sign up to our daily newsletter to receive all The Conversation UK’s latest coverage of news and research, from politics and business to the arts and sciences.

    The next men’s Fifa World Cup in 2026 will take place across the US, Canada and Mexico. Four years later, the event will be spread across different continents, starting in South America, before moving to Europe and Africa. In between, the men’s Euros of 2028 will be co-hosted by the UK and Ireland.

    The trend is not limited to football. The 2026 Winter Olympics is being shared in Italy between Milan and Cortina d’Ampezzo. The Commonwealth Games are also moving towards a more pragmatic model of hosting.

    Our research, which focused on the men’s Euro 2020 tournament (delayed by COVID and held in 2021), suggests that polycentric hosting has many advantages.

    Spanning 11 European countries, Euro 2020 was conceived as a celebration of the tournament’s 60th anniversary.

    From a branding perspective, this posed significant challenges. Each city had its own visual identity, with localised fan engagement strategies.

    Without a singular geographic or cultural anchor, Uefa, the governing body of European football, had to balance the benefits of celebrating local diversity with the need for a coherent overarching narrative.

    Yet overall, the format worked. Despite the pandemic’s disruption, the tournament still reached broad audiences and activated fanbases in multiple regions.

    Instead of one city or nation shouldering the financial and logistical burden of building infrastructure, accommodating visitors, and managing security and transport, responsibilities were shared.

    A team effort

    This can significantly reduce the risk of the problem of “white elephants” where expensive stadiums or facilities fall into disuse after an event has finished.

    By using infrastructure and venues which already exist, the environmental and economic costs of hosting are minimised. It also makes hosting more feasible for countries that might not have the capacity to do it alone.

    At the same time, many of the perceived benefits of staging sports events – such as economic boosts to local economies, increases in tourism, improved transport links, and civic pride – can be shared more widely. Rather than one host reaping all the rewards, several places can potentially benefit, engaging local communities and stimulating regional development.

    Euro 2020, on the road to Wembley.
    Michael Tubi/Shutterstock

    Collaborative multi-host formats also allow for widespread sharing of knowledge and opportunities for innovation. When cities and organising committees work together, they can bring diverse perspectives, cultural insights, operational practices, and even healthy competition to the table.

    We found that the development of friendly rivalries between Euro 2020 hosts actually encouraged a competitive mindset that motivated organising committee staff to attempt to outperform counterpart cities.



    Read more:
    Trump’s travel ban casts shadow over the upcoming Fifa Club World Cup and other US-hosted sporting events

    Meanwhile Uefa enabled those different cities to develop branding strategies which reflected local character while contributing to a broader European narrative of unity through sport. One example was each city selecting a landmark bridge to tie in with the tournament’s overarching “bridging Europe” theme.

    This collaborative way of thinking also led to creative and inclusive ideas. Glasgow, for example, integrated a cultural festival into its role as a host city, featuring local artists and musicians.

    Polycentric tournaments aren’t without challenges of course. There is a risk of fragmentation, where the tournament feels like a series of disconnected mini-events rather than something cohesive.

    But overall, the environmental, economic and cultural benefits can be substantial. And what began as a celebratory one-off with Euro 2020 is fast becoming the design for future major sport events.

    By sharing the spotlight, cities and countries also share the strain and the opportunity. The age of the single host nation isn’t over, and the looming Saudi Arabia 2034 World Cup is a stark reminder that above all, money still talks. But the era of shared hosting is clearly here, and might just be what global sport and its fans need.

    The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. The Club World Cup 2025 shows sharing the stage is the future of global sport – https://theconversation.com/the-club-world-cup-2025-shows-sharing-the-stage-is-the-future-of-global-sport-256117

    MIL OSI – Global Reports –

  • MIL-OSI: LambdaTest and Compunnel Partner to Accelerate AI-Native Software Testing for Enterprises

    Source: GlobeNewswire (MIL-OSI)

    San Francisco, CA, June 13, 2025 (GLOBE NEWSWIRE) — LambdaTest, a unified agentic AI and cloud engineering platform, has announced a strategic partnership with Compunnel, a leading digital and talent transformation solutions provider, to help enterprises modernize and scale their software testing with advanced AI-native automation.

    In today’s fast-paced digital landscape, businesses are under constant pressure to deliver high-quality applications quickly and reliably. This partnership combines Compunnel’s deep-rooted digital engineering capabilities with LambdaTest’s AI-native automation suite to streamline testing, reduce manual overhead, and accelerate go-to-market timelines.

    “AI is rapidly reshaping how modern software is tested,” said Sudhir Joshi, VP – Alliances and Channels at LambdaTest. “By teaming up with Compunnel, we’re extending the reach of our AI-native testing platform to more enterprises looking to innovate faster and more efficiently.”

    Through this collaboration, organizations will gain access to intelligent automation tools that cover the full testing lifecycle – from smart test generation and self-healing execution to predictive test coverage and real-time analytics. This would result in faster releases, improved product quality, and greater operational efficiency at scale for enterprises.

    “At Compunnel, we’re excited to bring our digital engineering expertise to this partnership with LambdaTest. By combining our strengths, we aim to help enterprises unlock the full potential of AI-native test automation and drive faster, smarter software delivery.”, says Nishant Sachdeva, Vice President – Digital Sales and Strategy

    Together, LambdaTest and Compunnel are making next-generation test automation more accessible, helping businesses deliver better software, faster, and with greater confidence.

    About LambdaTest
    LambdaTest is an AI-native, omnichannel software quality platform that empowers businesses to accelerate time to market through intelligent, cloud-based test authoring, orchestration, and execution. With over 15,000 customers and 2.3 million+ users across 130+ countries, LambdaTest is the trusted choice for modern software testing.

    ● Browser & App Testing Cloud: Enables manual and automated testing of web and mobile apps across 10,000+ browsers, real devices, and OS environments, ensuring cross-platform consistency.

    ● HyperExecute: An AI-native test execution and orchestration cloud that runs tests up to 70% faster than traditional grids, offering smart test distribution, automatic retries, real-time logs, and seamless CI/CD integration.

    ● KaneAI: The world’s first GenAI-native testing agent, leveraging LLMs for effortless test creation, intelligent automation, and self-evolving test execution. It integrates directly with Jira, Slack, GitHub, and other DevOps tools.

    For more information, please visit https://lambdatest.com

    About Compunnel
    Compunnel is a digital native technology company that helps businesses gain a competitive edge. The company prides itself on being digital natives with deep-rooted empathy who leverage technology to maximize the impact of human expertise. For over 30 years, some of the world’s leading organizations ranging from Fortune businesses to mid-market companies, have trusted our abilities to gain a competitive edge in their respective domains.

    For more information, please visit https://www.compunnel.com

    The MIL Network –

  • MIL-OSI: Blue Square X Announces Inaugural Visionary Partner Awards Honoring 2024’s Most Immersive Projects and Collaborators

    Source: GlobeNewswire (MIL-OSI)

    ORLANDO, Fla., June 13, 2025 (GLOBE NEWSWIRE) — On the final day of InfoComm 2025, Blue Square X, a leader in immersive visual experiences and digital display innovation, proudly announced the recipients of its first annual Visionary Partner Awards, honoring standout partners and projects from 2024 that embody excellence, creativity, and forward-thinking collaboration.

    The Blue Square X Visionary Partner Awards recognize individuals and organizations who brought bold ideas to life through immersive storytelling, cutting-edge display technology, and architectural integration.

    “These partners don’t just deliver projects—they shape what’s next,” said Chanan Averbuch, Director of Innovation at Blue Square X. “We’re honored to collaborate with visionaries who continually challenge the status quo and help us turn ambitious concepts into unforgettable experiences.”

    2024 Visionary Partner Award Winners:

    • Art Gallery Partner of the Year: Lehmann Maupin in collaboration with artist Jennifer Steinkamp
    • Southeast AV Partner of the Year: Acoustic Architects + Faena Residences
    • Museum Partner of the Year: Toledo Museum of Art
    • West Coast AV Partner of the Year: 5 North Media / RIDA for Gaylord Pacific Resort and Convention Center, Chula Vista
    • Manufacturing Partner of the Year: Chief Legrand for advancing the next generation of seamless LED walls
    • Northeast AV Partner of the Year: Elyon Systems
    • Real Estate Project of the Year: Pagani Residences, North Bay Village
    • Emerging AV Partner of the Year: AVI Systems Forte – Houston Office, Biggio’s
    • Sports Project of the Year: New York Yankees Press Conference Integration

    From art galleries to stadiums, real estate showrooms to world-class museums, each honoree helped redefine what’s possible when technology, design, and storytelling converge.

    “We launched these awards to spotlight the creativity, precision, and partnership that fuels our work,” said Shari Sentlowitz, Director of Communications and Marketing at Blue Square X. “Our success depends on those who dare to innovate with us—and this year’s winners set the bar high.”

    As Blue Square X continues to grow across verticals including luxury real estate, art, retail, hospitality, and cultural institutions, the company remains committed to recognizing the partners who turn ambition into action—and light into experience.

    The Blue Square X Visionary Partner Awards will return in 2025 with expanded categories to honor even more of the AV and design professionals pushing boundaries in immersive technology.

    About Blue Square X

    Blue Square X is a digital experience innovation company that transforms imagination into reality by fusing powerful storytelling, art, cutting-edge technology, and architecture. With operations in New York and Miami, they specialize in crafting captivating and immersive visual experiences across a wide range of industries. Blue Square X’s focus on cutting-edge technology and innovation drives business growth and enhances customer experiences.

    Stay up to date with Blue Square X on LinkedIn, Instagram, Facebook, X, and Youtube

    Media Contacts:
    Shari Sentlowitz
    Director of Communications and Marketing
    Blue Square X
    201-951-2734
    Shari@bluesqx.com

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/5d7b4ab3-c5e5-4a9f-abb6-3bc58b462cd7

    https://www.globenewswire.com/NewsRoom/AttachmentNg/05939532-88df-4719-965b-c452d5a3ba7f

    https://www.globenewswire.com/NewsRoom/AttachmentNg/0bfd212c-9c3f-4fd0-bfc1-cca99a1bbd95

    https://www.globenewswire.com/NewsRoom/AttachmentNg/d6467915-6132-45bd-abb3-c38f7d153723

    https://www.globenewswire.com/NewsRoom/AttachmentNg/d57cda84-f316-4aca-9527-773e2d793711

    https://www.globenewswire.com/NewsRoom/AttachmentNg/4d42d3fe-2921-430f-b4e0-875d96c791a8

    https://www.globenewswire.com/NewsRoom/AttachmentNg/e4b1ae93-7df8-421c-a95e-285b7d184cf4

    https://www.globenewswire.com/NewsRoom/AttachmentNg/60de53f0-ee44-49a7-84e4-aea98f65d7e3

    https://www.globenewswire.com/NewsRoom/AttachmentNg/7883a463-3777-4024-892d-d29d2ae3b7c5

    The MIL Network –

  • MIL-OSI Economics: Major banks set industry milestone with endorsement of ICC’s Principles for Sustainable Trade Finance

    Source: International Chamber of Commerce

    Headline: Major banks set industry milestone with endorsement of ICC’s Principles for Sustainable Trade Finance

    A group of leading Trade Finance banks have today announced their endorsement of the International Chamber of Commerce’s (ICC) Principles for Sustainable Trade Finance (ICC PSTF). This group, and further supporting banks, collectively represent as much as 25% of the global trade finance market by volume.

    The work, led by ICC, with support from Boston Consulting Group (BCG) and newly announced endorsement by Commerzbank, ING, Santander, and Standard Chartered aims to provide clear, transparent, and consistent guidelines to enable banks, corporates and investors to effectively channel capital towards sustainable and inclusive trade finance facilities.

    Unlike for many other financial products, trade finance practitioners have historically not had a clear, consistent and consensus definition on what constitutes sustainable trade finance, limiting its application. The principles, launched in October 2024, therefore provide a robust methodology for evaluating sustainable trade finance transactions, including a globally acceptable approach for assessing use-of-proceeds in trade finance transactions, proposed due diligence protocols for sustainability verification and unified reporting standards to ensure consistency across financial institutions.

    As a next step, with support of these banks, ICC plans to further build on the principles including defining legal terms and extending its coverage to social sustainability, while also working with the broader trade ecosystem – including banks, corporates and regulators – to expand further endorsement. ICC welcomes any users who also wish to endorse the PSTF to an additional endorsement announcement in circa Q3 2025.

    “We welcome the endorsement of the ICC Principles for Sustainable Trade Finance by four leading banks. This is a strong signal of market alignment behind a common framework to scale sustainable trade finance in a practical, credible and commercially viable way. We look forward to more banks endorsing the ICC principles ahead of COP30 in November – sending a clear signal that trade is a core part of the solution to climate change.”

    Philippe Varin, ICC Chair

    Raelene Martin, Head of Sustainability at ICC, added:
    “We are thrilled to welcome the banks’ endorsement of ICC’s Principles for Sustainable Trade Finance, which marks an important step in aligning the industry around common methodology for the assessment of sustainable trade finance. We are thankful for their tremendous support in providing thought leadership and guidance that is fit for purpose for industry globally. We believe that the ICC Principles for Sustainable Trade Finance present an important milestone in embedding sustainability at the heart of global trade in a practical and robust way.”

    The first ICC member banks to endorse the ICC principles shared their initial thoughts:

    “At Santander CIB, we are committed to empowering our clients with innovative trade and working capital solutions aligned to their sustainability goals that promote resilience across global supply chains. To that end, we are happy to endorse the ICC principles, a landmark initiative in sustainable trade finance, and to continue to pave the way for more original solutions that deliver positive financial and sustainable impacts to businesses everywhere.”

    — Pablo Ballesteros, Head of GTB Cross Solutions at Santander CIB

    “Standard Chartered introduced its sustainable trade finance proposition in 2021 and as a pioneering advocate for sustainable trade finance standards across the industry, we are pleased to adopt ICC’s principles. We are committed to offering our clients innovative solutions that empower them to achieve their sustainability goals while effectively managing associated risks. We applaud ICC for leading the way in setting the international guidelines for the industry and we look forward to continuing our partnership with them to shape the future of sustainable trade finance globally.”

    — Sofia Hammoucha, Global Head of Trade & Working Capital at Standard Chartered.

    “Commerzbank, as a leading bank for foreign trade particularly for Germany and Europe, welcomes the publication of ICC’s Principles for Sustainable Trade Finance and actively contributed to them. They are suitable for establishing a consistent approach among international market participants and are referenced in our ESG framework.”
    — Sven O. Schmidt, Head of International Trade Finance Operations, Commerzbank AG

    “ING is proud to have contributed to ICC’s new Principles for Sustainable Trade Finance, which set a clear and actionable framework specifically tailored for the unique nature of trade finance transactions. These principles align with ING’s commitment to supporting clients in their transition to a more sustainable and resilient ecosystem. We will actively support further development of the framework into Social Trade Principles and further guidance for Sustainability Linked Supply Chain Finance.”

    — Anthony van Vliet, Head of Product Management Trade – Transaction Services – ING Wholesale Banking

    “Accelerating sustainable trade is a critical enabler in decarbonising some of the world’s most complex supply chains. Unlike for many other financial products, trade finance practitioners have not historically had a clear, consistent, and consensus definition on what constitutes sustainable trade finance, limiting its application. The formal recognition and endorsement of ICC’s Principles for Sustainable Trade Finance by leading global financial institutions is a huge step forward on this journey.”

    — Ravi Hanspal, Partner, Boston Consulting Group

    Boston Consulting Group (BCG) is a long-term strategic partner of ICC, co-leading ICC’s Sustainable Trade programme since its inception, including the working group that developed the most recent Principles for Sustainable Trade Finance.

    Read more about the ICC Principles for Sustainable Trade Finance, and ICC’s broader work on sustainable trade

    MIL OSI Economics –

  • MIL-OSI Video: Fisheries Subsidies: Panama’s acceptance

    Source: World Trade Organization – WTO (video statements)

    On 12 June, WTO Director-General Ngozi Okonjo-Iweala received Panama’s instrument of acceptance of the Agreement on Fisheries Subsidies from Julio Moltó, Minister of Commerce and Industry. Just nine more acceptances are needed for the Agreement to enter into force.

    Download this video from the WTO website:
    https://www.wto.org/english/res_e/webcas_e/webcas_e.htm

    https://www.youtube.com/watch?v=mevSKvs7ots

    MIL OSI Video –

  • Google sues LATAM Airlines in US over Brazilian YouTube video dispute

    Source: Government of India

    Source: Government of India (4)

    Google sued Chile-based LATAM Airlines in U.S. federal court on Thursday, seeking a declaration that Brazilian courts cannot force the tech giant to take down a YouTube video in the U.S. that accused a LATAM employee of sexually abusing a child.

    Alphabet’s Google, which owns YouTube, said in the lawsuit that LATAM was attempting to “make an end-run” around protections for free speech under the U.S. Constitution by suing in Brazil to force the video’s removal worldwide.

    “LATAM has not received any official communication about the court case,” the company told Reuters.

    Google spokesperson Jose Castaneda said in a statement that the company has “long supported the legal principle that courts in a country have jurisdiction over content available in that country, but not over what content should be available in other countries.”

    Right-wing social media companies Trump Media and Rumble filed a similar lawsuit in Florida in February against a Brazilian judge who had ordered them to remove the U.S.-based accounts of a leading supporter of former Brazilian President Jair Bolsonaro. A federal judge decided in the case that the companies were not required to comply with the order in the United States.

    According to Google’s lawsuit filed in San Jose, California, U.S. citizen and Florida resident Raymond Moreira posted two YouTube videos in 2018 of his 6-year-old son outlining allegations of sexual abuse that the child said he experienced from a LATAM employee while traveling as an unaccompanied minor.

    Moreira sued LATAM in Florida in 2020 over the alleged abuse, which led to a confidential settlement.

    LATAM sued Google in Brazil in 2018 seeking an order to remove the video from YouTube. A Brazilian appeals court is set to consider next week whether it has the authority to order Google to take down the video worldwide.

    Google asked the court in California on Thursday to declare that LATAM cannot force the tech giant to remove the video in the United States.

    Canada’s Supreme Court upheld an order for Google to remove some search results worldwide in a separate case in 2018. A California judge halted that order’s U.S. enforcement in 2017.

    (Reuters)

  • MIL-OSI Canada: His Majesty’s Canadian Ship Frédérick Rolette Commissioned into Service

    Source: Government of Canada News

    June 13, 2025 – Ottawa, Ontario – National Defence / Canadian Armed Forces

    Today, the Royal Canadian Navy (RCN) welcomed His Majesty’s Ship (HMCS) Frédérick Rolette into naval service with a commissioning ceremony.

    A commissioning ceremony is a long-time naval tradition and a special event for the ship’s company. Today’s traditional event included a symbolic presentation of the commissioning pennant to the Commanding Officer, Commander Jolene Lisi, and the breaking of the ship’s pennant at the same time as the ship’s ensign.

    HMCS Frédérick Rolette is the fifth Harry DeWolf class Arctic and Offshore Patrol Vessel (AOPV) to be welcomed into the RCN’s fleet. These vessels enhance the RCN’s ability to enforce sovereignty in Canadian waters and helps meet future defence challenges in Northern waters. 

    MIL OSI Canada News –

  • MIL-OSI USA: Kids Must Escape the Algorithm. A Phone Ban Does That.

    Source: US State of New York

    oday, the USA Today Network published an op-ed by Governor Kathy Hochul about her commitment as New York’s first Mom Governor to fighting for our kids, including her nation-leading cell phone ban to her work cracking down on addictive social media algorithms and tackling AI threats head on. Text of the op-ed can be viewed online and is available below:

    With the school year quickly coming to an end, many parents will soon exchange the daily battle of getting their kids out the door to school with prying their attention away from phones.

    Smartphones and social media have a stranglehold on our children. They’re spending hours each day on their phones, scrolling instead of socializing, immersed in someone else’s reel instead of living their own lives. And it’s taking a toll. Our kids are lonelier, more anxious and increasingly disconnected.

    We’re in the middle of a youth mental health crisis. The research shows it, but I don’t need another scientific report — I’ve heard directly from parents, teachers and teenagers all across this state about the issue. And everywhere I go, I hear the same thing: addictive technology is hurting our kids.

    As New York’s first Mom Governor, this is personal to me. I’ve raised teenagers. I know the helplessness a parent feels when their child is suffering. It’s the worst feeling in the world. So I knew we had to do something about it.

    I’m not one for half measures. I’m not going to sit back and talk about the problem. I’m going to take action.

    Last year, I took the bold, decisive step to restrict the addictive algorithms that have monopolized our kids’ social media feeds. It wasn’t about telling our teenagers they can’t use social media. It was about saying to social media companies, you cannot profit off of our kids’ wellbeing.

    But social media isn’t the only threat. In this rapidly advancing, technology-driven world, unchecked AI-enabled technology is creating new risks, from AI chatbots that simulate personal relationships to deepfake apps that produce explicit images of minors.

    We saw the tragic consequences of inaction last year when a 14-year-old boy died by suicide after developing an unhealthy relationship with an AI Companion. And we’ve also seen a disturbing rise in AI-enabled “undressing” applications and websites that are being used to create fake nude images of real kids, often targeting teenage girls – in the first half of 2024 alone, 16 of such websites were visited over 200 million times.

    My state budget tackles these digital threats head on. It establishes first-in-the-nation safeguards for AI companions — requiring AI companion operators in New York to implement a safety protocol if a user talks about self harm, like referring users to a crisis hotline. And I am updating our laws to treat AI-generated child sexual abuse material as what it is: child pornography.

    But social media and AI-generated websites are only a couple pieces of the puzzle. What is the vehicle that allows kids to have their lives dominated by these platforms? It’s not just what’s on the screen, it’s the fact the screen is always there. Buzzing in our kids’ pockets, lighting up on their desks, following them from homeroom to the cafeteria.

    This has lasting consequences: Classrooms where kids sit in silence. Hallways without chatter. Lunch tables full of students texting each other instead of talking face to face. When teens spend a quarter of the school day on their phones, they miss out on the essential social development that shapes them into capable, confident adults.

    And the pressure to stay online is relentless. One student told me, “you have to save us from ourselves. We can’t put these phones down because we’ll be out of the loop. We’ll miss out on something.”

    That’s why, starting this fall, I’m taking another bold step to give our children their childhood’s back and banning cell phones in the classroom bell-to-bell. Here’s why: our young people succeed when they’re learning and growing, not clicking and scrolling.

    Think about it — we don’t teach kids to make friends by showing them 100 online videos about friendship. We take them to the playground. We don’t show them how to toss a baseball on YouTube. We play catch with them.

    We need to get our kids back into real life.

    So let’s get back to that throwback time, when we weren’t all sitting indoors, held captive to our phones. That’s the spirit behind my “Get Offline, Get Outside” initiative.

    I’m investing in building and renovating community centers, playgrounds, and swimming pools to give our kids places to enjoy recreation and the outdoors. I’m also dramatically expanding youth programming, helping tens of thousands more kids join the local soccer team or participate in a community theater program. And our Summer Youth Employment Program will help tens of thousands of young people find good summer jobs at places like parks, summer camps, cultural centers, and community-based organizations.

    I’ll never stop fighting for our children’s futures. Because your family is my fight. I said that on day one, and I mean it just as much today.

    Summer is here. Let’s get offline and get outside.

    MIL OSI USA News –

  • MIL-OSI Banking: Import of Shipping Vessel – Relaxation

    Source: Reserve Bank of India

    RBI/2025-26/55
    A.P. (DIR Series) Circular No. 07

    June 13, 2025

    All Authorised Dealer Category-I banks

    Madam / Sir,

    Import of Shipping Vessel – Relaxation

    Attention of Authorised Dealer (AD) Category – I banks is invited to Para C.1 of Master Direction – Import of Goods and Services (MD-Imports) dated January 01, 2016.

    2. With a view towards enhancing ease of doing business and keeping in view the sector-specific constraints, it has been decided to allow importers to make advance remittance for import of shipping vessel, without bank guarantee, or an unconditional, irrevocable standby Letter of Credit, up to USD 50 million, subject to the conditions mentioned in para-C.1.3.3 of MD-Imports, as applicable.

    3. AD banks may bring the contents of this circular to the notice of their constituents concerned.

    4. The directions contained in this circular have been issued under Section 10(4) and Section 11(1) of the FEMA, 1999 (42 of 1999) and are without prejudice to permissions / approvals, if any, required under any other law.

    Yours faithfully,

    (N. Senthil Kumar)
    Chief General Manager

    MIL OSI Global Banks –

  • MIL-OSI Russia: IMF Staff Completes 2025 Article IV Mission to Mali

    Source: IMF – News in Russian

    June 13, 2025

    End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this mission, staff will prepare a report that, subject to management approval, will be presented to the IMF’s Executive Board for discussion and decision.

    • Mali’s economy is grappling with major headwinds, including food insecurity and security threats, frequent climate shocks, external financing constraints and an uncertain economic outlook. Despite these challenges, the economy is showing resilience and projected to continue to improve over the medium-term.
    • The authorities remain committed to a 3 percent fiscal deficit, in line with the WAEMU target to maintain fiscal sustainability.
    • The authorities have launched an ambitious long-term development plan “Vision 2063”, accompanied by a National Strategy for Emergence and Sustainable Development 2024-2033, to achieve high, sustainable, and inclusive growth. Its success hinges on the implementation of sound macroeconomic policies and making decisive progress on structural reforms.

    Washington, DC: An International Monetary Fund (IMF) staff team, led by
    Ms. Wenjie Chen, visited Bamako from June 9 to 13, 2025, to conduct the 2025 Article IV consultation with the Malian authorities. The team held productive discussions with the authorities and other stakeholders on recent economic developments, the outlook, and medium-term policies to support macroeconomic stability and inclusive growth.

    At the end of the visit, Ms. Chen issued the following statement:

    “Mali’s economy has shown some resilience despite significant headwinds. Economic growth is estimated at 4.7 percent in 2024 unchanged form 2023, due to a combination of factors, including an electricity crisis, flooding and lower gold production. The government’s fiscal deficit declined to 2.6 percent of GDP in 2024 driven by robust revenue mobilization, exceptional payments form mining and telecom companies and tighter control of current spending amid constrained financing. Tight financing conditions in the West African Economic and Monetary Union (WAEMU), and the absence of external budget support resulted in high borrowing costs for the Government.

    “Real GDP growth is projected to increase to 5.0 percent in 2025, weighed down by reduced output from the shutdown of the largest gold mine and ongoing security risks. Contingent on resumption of full mining activities, growth is expected to rebound to 5.4 percent in 2026. The fiscal deficit is forecast to widen to 3.4 percent in 2025, driven in part by government spending to mitigate the impact of the flooding. However, the outlook remains uncertain, with considerable downside risks.

    “Fiscal policy should prioritize achieving fiscal sustainability, particularly by converging toward WAEMU’s 3-percent fiscal deficit ceiling. Key priorities include strengthening domestic revenue mobilization through broadening the tax base, including from the mining sector, and strengthening the revenue and customs administration. Moreover, the authorities should focus on improving spending efficiency while safeguarding public investment and protecting vulnerable households.

    “Reducing domestic policy uncertainty and advancing structural reforms are essential to unlocking Mali’s growth potential. Strengthening fiscal governance, improving public financial management, addressing vulnerabilities in State-Owned Enterprises (SOEs), and enhancing their oversight—particularly in the electricity utility, Energie de Mali—are critical. Greater policy stability and transparent regulatory frameworks are crucial for attracting foreign investment.

    “The staff team thanks the authorities and other counterparts for their close collaboration and productive discussions.”

    The team met with the Minister of Economy and Finance, Mr. Alousséni Sanou, the Minister of Justice Mr. Mamoudou Kassogue, and the National Director of the BCEAO for Mali, Mr. Baréma Bocoum, senior staff of the main ministries and government agencies, development partners, and the private sector.

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Tatiana Mossot

    Phone: +1 202 623-7100Email: MEDIA@IMF.org

    https://www.imf.org/en/News/Articles/2025/06/13/pr-25196-mali-imf-staff-completes-2025-article-iv-mission

    MIL OSI

    MIL OSI Russia News –

  • MIL-OSI USA: SEC Names Kurt Hohl as Chief Accountant

    Source: Securities and Exchange Commission

    The Securities and Exchange Commission today announced that Kurt Hohl, with nearly 40 years of accounting and auditing experience, has been named Chief Accountant, effective July 7, 2025. Acting Chief Accountant Ryan Wolfe will return to his role as Chief Accountant in the Division of Enforcement. 

    “Kurt is an experienced accountant with deeply technical knowledge and international experience, and we are lucky he has decided to return to the SEC,” said SEC Chairman Paul S. Atkins. “This is an important role. Given that I served with Kurt previously, I know firsthand that his integrity, along with his skills, will benefit our markets and investors.”

    “I want to thank Ryan for his service as Acting Chief Accountant and am pleased that he will continue serving in the Division of Enforcement.”

    Mr. Hohl most recently founded Corallium Advisors, which helps businesses navigate the complexities of auditing, regulatory compliance, risk management, and initial public offerings. Before that, he spent 26 years as a partner at Ernst & Young (EY) in a variety of roles. His final EY role was as global deputy vice-chair of EY’s Global Assurance Professional Practice. In that role he was responsible for the operation and oversight of the technical, regulatory, risk, and quality oversight functions of EY’s global professional practice organization — a team of more than 1,400 professionals. Mr. Hohl previously served at the SEC from 1989 to 1997, rising to Associate Chief Accountant in the Division of Corporation Finance. There he authored what became the Financial Reporting Manual, a primary guide for the SEC accounting staff and practitioners in the application of the federal securities laws. He began his professional career at Deloitte Haskins & Sells.

    Mr. Hohl received a B.B.S. in accounting from James Madison University and is a certified public accountant in Virginia.

    “I’m pleased to come back to the SEC along with Chairman Atkins,” said Mr. Hohl. “This is a pivotal time for our capital markets, and I look forward to working with the dedicated public servants in the Office of the Chief Accountant to advance accounting and auditing policies that reinforce investor confidence, enhance transparency, and support innovation.”

    Mr. Wolfe has served as Acting Chief Accountant since January 2025. He concurrently has been serving as Chief Accountant of the Division of Enforcement and has previously served as Senior Associate Chief Accountant in the Office of the Chief Accountant.

    MIL OSI USA News –

  • MIL-OSI Europe: Last Month in the Field – May

    Source: Frontex

    The month of May marked a series of important developments for Frontex, the European Border and Coast Guard Agency, reflecting its ongoing commitment to security, innovation, and cooperation at Europe’s borders. From participating in the EU’s flagship space event to piloting advanced surveillance technology and supporting thousands of voluntary returns, the Agency continued to deliver concrete results across its key missions.  

    Frontex took part in EU Space Days, held this year in Gdańsk, Poland. The event brought together more than 700 participants, including senior EU officials, policy experts, industry leaders, and innovators from across Europe. As the EU’s leading forum for space policy and innovation, the event focused on advancing the strategic use of space technologies to meet Europe’s security, economic, and environmental goals. 

    Frontex highlighted how satellite-based technologies are being used to strengthen border management and enhance situational awareness. Satellite-based navigation and communication systems play a critical role in tracking and operating assets—on land, at sea, and in the air—including in remote and difficult-to-access areas, where staying connected is essential.  

    The Agency currently provides 17 Copernicus-based products to EU Member States, supporting the monitoring of cross-border crime, irregular migration, and other key risks. These services enable national authorities to respond more effectively and in a timely manner. 

    Frontex is also advancing the integration of data from multiple sensors, a process known as data fusion, to build a more robust surveillance architecture. This supports early detection of threats and improved coordination among operational partners. Participation in EU Space Days underscored the growing importance of innovation in strengthening border security and showcased Frontex’s role in delivering cutting-edge, technology-driven solutions. 

    On 26 May, Frontex and the Bulgarian Border Police launched a new pilot project testing the use of long-endurance tactical drones for aerial surveillance of external borders. The initiative is part of Frontex’s broader strategy to operationalise next-generation European Border Surveillance capabilities. 

    The drones are equipped with advanced sensors and communication systems, offering real-time surveillance that significantly enhances situational awareness. The project aims to evaluate the drones’ operational performance, reliability, and cost-effectiveness while reducing the logistical burden on ground teams. “This is not just about seeing more—it’s about seeing smarter,” said Hans Leijtens, Executive Director of Frontex. “By working together with Bulgaria and leading industry partners, we are taking concrete steps to future-proof European border security.” 

    The pilot involves three contracted companies—Global SAT, Shield AI, and DAT CON—which will deliver aerial surveillance services under a company-owned, company-operated model. The drones will support the detection of irregular border crossings and cross-border crimes, helping national authorities act quickly and effectively. A live demonstration of the new technology will take place in Burgas, Bulgaria, on 4 and 5 June 2025, bringing together representatives from EU Member States, EU agencies, and partner countries to observe the system in action and discuss its future potential. 

    Since March, Frontex has facilitated the voluntary return of more than 1,000 Syrian nationals from 14 EU Member States, following the political transition in Syria after the fall of the Assad regime in December 2024. This development has led many displaced Syrians to seek a return to their home country after years of conflict. 

    Frontex plays a critical role in supporting Member States by ensuring that all returnees are fully informed of their rights and the voluntary nature of their decision. Each return is carried out in line with EU legislation and international standards for the protection of fundamental rights. 

    “Returning home is a deeply human aspiration,” said Executive Director Hans Leijtens. “For many, it means reuniting with loved ones and rebuilding lives. We are proud to support this process in full respect of dignity and choice.” These returns are part of the EU’s broader commitment to humane and voluntary repatriation. Frontex also assists in pre-return counselling, coordination, and soon, reintegration support through an expanded European Reintegration Programme (EURP), now including Syria.

    In a milestone for Frontex operations, one of the Agency’s surveillance aircraft flew for the first time directly from a non-EU country. The flight took off from Tirana International Airport in Albania and covered both Joint Operations in Albania and Montenegro during a single mission. Until now, Frontex aircraft had only operated from within EU territory. This development marks a new chapter in border cooperation, enabling earlier detection of irregular migration, better prevention of cross-border crime, and improved coordination of Search and Rescue operations. Real-time images captured by the aircraft are shared with national authorities in Albania and Montenegro, as well as with Frontex Headquarters in Warsaw, allowing for rapid and informed decision-making. 

    Frontex participated in the Barracuda 2025 exercise in Sicily, a joint maritime training operation led by the Italian Coast Guard and the Armed Forces of Malta. The exercise covered critical areas including search and rescue, maritime monitoring, environmental protection, and accident response. 

    Supported by the European Maritime Safety Agency (EMSA) and the European Fisheries Control Agency (EFCA), the training was a strong demonstration of cross-border cooperation and operational readiness. Frontex teams contributed operational knowledge and helped ensure seamless coordination across participating agencies. Exercises like Barracuda strengthen Europe’s collective ability to protect lives at sea and respond swiftly to maritime emergencies.

    This month also saw other important milestones: 

    • In Leixões, Portugal, the deployment of an Advanced Level Document Officer (ALDO) helped strengthen national capacity in detecting document fraud, thanks to close cooperation between Frontex and Portuguese authorities. 
    • In Montenegro, a joint operation led to the seizure of 200 kilograms of illegal cut tobacco. With the support of vigilant Frontex officers and the swift action of Montenegrin authorities, this operation highlighted the effectiveness of cross-border cooperation in combatting smuggling. 

    May 2025 demonstrated the full scope of Frontex’s mission: leveraging innovation, supporting Member States, and strengthening cooperation across borders. With continued investments in technology, partnerships, and people, the Agency remains committed to helping build a secure and well-managed European border system. Frontex will continue to work side by side with EU Member States and partners—on land, at sea, and now even from space—to keep Europe’s borders strong, secure, and future-ready.

    MIL OSI Europe News –

  • MIL-OSI Banking: ASEAN Audit Committee Convenes its 50th Meeting

    Source: ASEAN

    On 13 June 2025, the 50th Meeting of the ASEAN Audit Committee (AAC) was held at the Nusantara Hall of the ASEAN Headquarters/ASEAN Secretariat. Under Malaysia’s ASEAN Chairmanship, the AAC discussed matters pertaining to internal and external audit, risk management, and governance of the ASEAN Secretariat. H.E. Dato’ Seri Wan Suraya Wan Mohd Radzi, the Auditor General of Malaysia, chaired the meeting. Delegations from the ASEAN Member States, and Timor-Leste as an Observer, participated in the annual meeting. The delegates engaged in a meaningful exchange of perspectives and best practices to further strengthen the ASEAN Secretariat’s internal control, risk management, governance, accountability and transparency.
     

    MIL OSI Global Banks –

  • MIL-OSI USA: Governor Stein Takes Action on Several Bills

    Source: US State of North Carolina

    Headline: Governor Stein Takes Action on Several Bills

    Governor Stein Takes Action on Several Bills
    lsaito

    Raleigh, NC

    Today Governor Josh Stein signed six bills into law.

    Governor Stein made the following statement on his signing of House Bill 506: 2025 State Investment Modernization Act: 

    “This bill puts North Carolina in line with the rest of the nation and allows us to make responsible decisions investing our state employees’ hard-earned pensions. I applaud Treasurer Briner for his leadership in modernizing our state’s investment system.” 

    Governor Stein made the following statement on his signing of House Bill 50: LEO Special Separation Allowance Options: 

    “Our law enforcement work day and night to keep us safe, and we need more public spirited people serving to address our law enforcement staffing challenges. This law enables veteran law enforcement officers to continue serving our communities and supporting their families without suffering a financial penalty. I advocated for this idea as Attorney General to keep more experienced police on the beat, and I am proud to sign it into law as Governor.” 

    Governor Stein made the following statement on his signing of House Bill 231: Social Work Interstate Licensure Compact: 

    “Our social workers support children, families, and communities, and they are needed now more than ever. This law will expand access to care to more people by allowing social workers from certain other states to more easily transfer their licenses to North Carolina.” 

    Governor Stein also signed the following bills into law: 

    • House Bill 477:  Retirement Death Benefits Rewrite
    • Senate Bill 248: Birth Certificates for Persons Adopted
    • Senate Bill 477: DNCR Agency Bill 
    Jun 13, 2025

    MIL OSI USA News –

  • MIL-OSI: Small Capital, Big Profits – Double Your Deposit, 100x Leverage, No KYC on BexBack

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, June 13, 2025 (GLOBE NEWSWIRE) — As Bitcoin recently broke the $100,000 barrier and established a solid position above it, many analysts are confirming that the long-awaited crypto bull market has officially returned. With heightened market volatility on the horizon, savvy investors are seeking the best tools to maximize their profits. BexBack, a leading crypto futures platform, is stepping up to the challenge by offering 100x leverage, no KYC, and a 100% deposit bonus to help traders make the most of this bullish market phase.

    How Can Smaller Capital Lead to Larger Profits? The Power of 100x Leverage

    In a volatile market like this, where every price movement counts, 100x leverage allows you to amplify your potential profits exponentially with a relatively small amount of capital. Here’s how it works:

    • Maximized Trading Power: Leverage allows you to open positions much larger than your initial deposit. For example, with 1 BTC at $100,000 and 100x leverage, you can control 100 BTC.
    • Small Price Movements, Big Profits: If Bitcoin moves from $100,000 to $110,000, a 100x leveraged position could yield a 1000% return, turning a small change in price into a significant profit.
    • Low Capital, High Return: Whether you’re new to trading or a seasoned investor, leverage gives you the ability to control much larger positions, amplifying your potential gains, all with a smaller initial deposit.

    However, with leverage comes responsibility. While high leverage can lead to impressive returns, it also magnifies risks, so it’s important to manage positions carefully.

    What Is the Double Deposit Bonus and How Does It Work?

    To further enhance trading opportunities, BexBack is offering a 100% deposit bonus to all users. This means if you deposit funds into your BexBack account, you’ll receive an additional bonus of equal value to your deposit.

    For example, if you deposit 2 BTC, you will receive an additional 2 BTC as a bonus, effectively doubling your available trading funds. While the bonus itself cannot be withdrawn directly, it can be used as margin, allowing you to control larger positions and making liquidation more difficult. Moreover, any profits earned from trading with the bonus can be fully withdrawn.

    The bonus acts as an extra margin, helping you manage trades in a volatile market. It’s an excellent way to start trading with more capital, increasing your chances of success without taking on more risk than you’re comfortable with.

    Why Choose BexBack for Crypto Futures Trading?

    BexBack stands out for several reasons that make it an ideal platform for crypto futures trading:

    • 100x Leverage: Maximize your potential profits with up to 100x leverage, a powerful tool to amplify your trading capital.
    • No KYC: Enjoy the freedom of trading without identity verification, keeping your privacy intact and making registration quick and easy.
    • Zero Slippage and Spread: BexBack offers zero spread, meaning you get the best price execution for your trades, without slippage.
    • Global Access and 24/7 Support: BexBack is available to users in various countries, including the US, Canada, and Europe, offering round-the-clock support.
    • Demo Account: A great feature for beginners, BexBack offers a demo account with virtual funds, allowing new users to practice risk-free trading.
    • Lucrative Affiliate Program: Earn up to 50% in commissions by referring new users to the platform.
    • High Liquidity: BexBack ensures a seamless trading experience with high liquidity across all major trading pairs.

    About BexBack

    Founded in Singapore, BexBack is a cutting-edge cryptocurrency derivatives platform offering futures contracts on over 50 digital assets, including Bitcoin, Ethereum, Solana, Cardano, and XRP. BexBack is licensed under the US MSB (Money Services Business) regulations and is trusted by more than 500,000 global traders. With no deposit fees, no KYC, and a user-friendly interface, BexBack is designed to offer traders flexibility, security, and a seamless trading experience.

    Take Action Now—Don’t Miss the Opportunity to Maximize Your Crypto Profits

    The crypto bull market is in full force, and BexBack is here to help you capture every opportunity. With 100x leverage, a 100% deposit bonus, and no KYC, there has never been a better time to trade.

    Sign up now on BexBack and claim your exclusive bonus to start trading today! Seize the potential of this bull market and enjoy faster wealth accumulation with BexBack’s cutting-edge trading tools.

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

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

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

    Photos accompanying this announcement are available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/1900eecf-82b0-4cd7-9ad8-4180542964cf

    https://www.globenewswire.com/NewsRoom/AttachmentNg/0867c8a1-32a4-4d9a-a4ce-2331bae08c1c

    https://www.globenewswire.com/NewsRoom/AttachmentNg/5f768d99-598f-4aa4-9ff5-7700f8d4bab5

    https://www.globenewswire.com/NewsRoom/AttachmentNg/71de9978-b167-44a8-abf9-db40d52902c3

    The MIL Network –

  • MIL-OSI: MEXC Launches Golden Era Showdown Mid-Year Trading Event with a 10 Million USDT Prize Pool

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, June 13, 2025 (GLOBE NEWSWIRE) — MEXC, a leading global cryptocurrency exchange, today announced the launch of its most ambitious mid-year trading event, the Golden Era Showdown. The three-week event offers participants the opportunity to win from a prize pool worth up to 10 million USDT, including real gold bars and Bitcoin rewards.

    Golden Era Showdown: Multiple Ways to Win Big

    The Golden Era Showdown features a dynamic prize pool structure where increased participation directly benefits all traders. The more participants who join, the bigger the prize pool grows across six exciting tiers, with early participation helping unlock maximum rewards for everyone involved. Participation is free and requires logging into MEXC, clicking the “Register Now” button on the event page, then accumulating valid futures trading volume to earn scratch-offs, spins, and lottery tickets.

    Event Timeline

    Early Bird Registration: June 13, 2025, 16:00 (UTC) – June 17, 2025, 15:55 (UTC)
    Official Registration: June 13, 2025, 16:00 (UTC) – July 4, 2025, 08:00 (UTC)
    Main Event: June 13, 2025, 16:00 (UTC) – July 4, 2025, 08:00 (UTC)
    Lucky Draw: June 13, 2025, 16:00 (UTC) – July 5, 2025, 08:00 (UTC)

    Early Bird Rewards

    The first 2,000 users who register during Early Bird and complete at least 50,000 USDT in futures trading volume will share 40,000 USDT in trading fee vouchers on a first-come, first-served basis.

    Daily Scratch-Off: Guaranteed Wins from 60% of the Grand Prize Pool

    Every 50,000 USDT in daily futures trading volume earns one scratch-off card, with a maximum of five cards daily. Cards offer futures bonuses up to 2,025 USDT from 60% of the grand prize pool and can be saved until the lucky draw period ends.

    Weekly Spin Wheel: Guaranteed Wins from 25% of the Grand Prize Pool

    Each 2 million USDT in weekly futures trading volume grants one spin chance, with up to five spins weekly. This system distributes 25% of the grand prize pool through random bonuses while supplies last, with spin chances saveable until the draw period concludes.

    Ultimate Lottery: Gold Bar & BTC Giveaway

    Accumulating 10 million USDT in valid futures trading volume generates lottery tickets with no earning limits. Prizes include luxury gold bars worth 350,000 USDT, Bitcoin, and bonuses. Winners are determined through Bitcoin blockchain hash methodology, ensuring complete transparency with independently verifiable results.

    MEXC continues to demonstrate its commitment to providing innovative trading experiences that deliver genuine value to its global user base. Through transparent reward mechanisms and substantial incentives, the exchange creates opportunities for traders to maximize their potential returns. Visit the official Golden Era Showdown event page to register and discover complete participation details.

    About MEXC
    Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, daily airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
    MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

    Source

    Contact:
    Lucia Hu
    lucia.hu@mexc.com

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/516cc52e-ccd1-45ac-8b16-a51335398314

    The MIL Network –

  • MIL-OSI: Channel Factory Announces Latest Move to Elevate North American Executive Leadership Team

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 13, 2025 (GLOBE NEWSWIRE) — Channel Factory, the global brand suitability and contextual advertising company, today announced the promotion of Nico Greco as the company’s Chief Revenue Officer (CRO), North America. Most recently serving as SVP, Head of Sales at Channel Factory, Greco’s appointment to the North American C-Suite follows a series of strategic moves that enhance Channel Factory’s growth and innovation. In his new role, Greco will report to Kevin Gentzel, newly appointed President, Americas.

    Earlier this year, Channel Factory announced a significant investment from Truelink Capital, as well as the addition of Gentzel to its leadership group. Both these moves and today’s announcement demonstrate a commitment to advancing the company’s ongoing growth.

    Greco, a sales veteran in the digital advertising industry with over 14 years of experience, has extensive experience working with both global agencies and technology companies. Since joining Channel Factory in early 2021, Greco has played a pivotal role in the company’s sales and expansion across the country, most recently serving as SVP, Head of Sales. Before joining Channel Factory, Greco worked as a Director at Amobee, where he focused on the company’s strategic agency partnerships.

    “From an outsider’s perspective, Nico Greco was someone whose career I followed with great interest. He’s been a valuable spokesperson for the company, and his proven track record for driving revenue growth and building strategic partnerships speaks for itself,” said Kevin Gentzel, recently appointed President, Americas at Channel Factory. “When I joined the company, Nico Greco was someone I couldn’t wait to start working with. With Nico as our new CRO for North America, we’re taking our plans for growth and expansion and strapping a rocket to our backs. It’s an exciting time for us and the right time in our industry for a move like this.”

    “Since day one, Channel Factory has demonstrated an incredible level of purpose-driven growth, innovation, and client satisfaction. It’s rare to work for a company that is doing work that you can truly believe in, and I’m eager to take on a larger role to expand on that vision and mission across North America,” said Greco.

    About Channel Factory
    Channel Factory is a global technology and data company that optimizes business performance and enhances brand reputation through ethical and effective contextual targeting. Utilizing proprietary AI and brand suitability technologically, Channel Factory ensures ads are placed on brand-safe, contextually relevant content across YouTube, CTV platforms, and social media, including Meta and TikTok. Through its conscious media planning, Channel Factory is committed to promoting sustainability, diversity, and positive content, helping brands achieve their goals while fostering a healthier digital ecosystem.

    Channel Factory has a presence in 31 countries across the Americas, Europe, the Middle East, Asia, and ANZ, providing advertisers with IAB standard category lists and customized content options in 49+ languages. For more information about Channel Factory, please visit http://www.channelfactory.com.

    Media Contact:
    Andrew Krepow
    andrew@broadsheetcomms.com

    The MIL Network –

  • MIL-OSI Global: Why Israel’s air strikes signal a shifting relationship with the US and a weakening Iran

    Source: The Conversation – Global Perspectives – By Natasha Lindstaedt, Professor in the Department of Government, University of Essex

    The Middle East is undergoing a realignment of power. With Israel’s attack on Iranian nuclear sites and the assassination of at least two of Iran’s senior security officials, Benjamin Netanyahu is showing his willingness to go it alone and ignore pressure from the Trump administration.

    Though Donald Trump sought diplomatic solutions to the growing tensions between Israel and Iran, it appears that the US president, despite his previously strong relationship with the Israeli leader, was unable to restrain Netanyahu.

    The timing of the strikes is important. The Trump administration probably knew that they could not prevent Israel from striking Iran, but they did think they could pressure Israel to hold off launching an attack until after the US had solidified a new nuclear deal with Iran, talks for which were scheduled for June 15.

    Just hours before the air strikes, Trump said: “As long as I think there will be an agreement [with Iran], I don’t want them going in.”

    Get your news from actual experts, straight to your inbox. Sign up to our daily newsletter to receive all The Conversation UK’s latest coverage of news and research, from politics and business to the arts and sciences.

    Experts had been divided in the past, over how much leverage the US held over Israel.

    Trump, following months of groundwork laid by the Joe Biden administration, managed to secure a ceasefire deal with Israel in January. But as part of the negotiation, Netanyahu succeeded in reversing sanctions on settlers in the West Bank, giving him free rein to act there. Additionally, the US also lifted its freeze on the transfer of 2,000-pound bombs to Israel, another concession that benefited Israel.

    The US also proved unwilling or incapable of stopping the humanitarian crisis that has unfolded in Gaza. Washington also appeared powerless to stop Israel’s pounding of Lebanon and its efforts to eradicate the Iran-backed militia Hezbollah.

    The US has become more of a spectator than a powerful regional actor. And sources suggest that Washington was not informed in advance of Israel’s airstrike that killed Hezbollah leader Hassan Nasrallah in October 2024, a sign of Israel’s growing willingness to act without US approval.



    Read more:
    Lethal humanitarianism: why violence at Gaza aid centres should not come as a surprise

    Indeed, the expansion of the war in Gaza to Lebanon was a pivotal moment in the region. With significant Israeli public support to stop Hezbollah (which had been launching rockets towards northern Israel), Israel pounded southern Beirut with airstrikes, killing several high-ranking Hezbollah officials.

    In the aftermath, Hezbollah was unable to replenish itself with younger recruits (it had relied on its charismatic leadership to recruit in the past), and the losses caused Hezbollah’s organisation to implode. By November 2024, Hezbollah agreed to a ceasefire brokered by the US.

    Israel announces strikes on Iran.

    Iran’s weaker role

    Hezbollah’s near military and organisational collapse has been a big blow for Iran’s regional power. Hezbollah was at one point the most heavily armed violent non-state actor in the world. It had an army of around 50,000 men and experts speculated that it had as many as 200,000 rockets and missiles of various ranges in its arsenal.

    With the assassination of so many high-level officials in Hezbollah and Hamas, both of which Iran has bankrolled and used in its proxy conflicts with Israel, Iran has been severely weakened. As Iran is in the middle of an economic crisis, it no longer has the financial means to revive these traditional allies.



    Read more:
    Trump’s Middle East pivot aims to counter China’s rising influence

    For decades Iran had tried to gain strategic depth in the Middle East, with the US estimating that Iran spent more than US$16 billion to prop up Bashar al-Assad in Syria from 2012 to 2020. Additionally, with the fall of Assad, Syria can no longer serve as a transit corridor or logistical hub for shipments of arms from Iran to Hezbollah.

    With Turkey’s support for the various armed militias that ousted the Assad regime, it is Ankara, and not Tehran, that sees itself as the big winner in the aftermath of the Syrian civil war.

    US plans for Middle East threatened

    The US, meanwhile, is seeing its influence in the Middle East waning. And Trump’s plan for extending trade in the region, particularly in the Gulf, may also be undermined by the rising regional tension.

    The US had been due to send Middle East envoy Steve Witkoff to this weekend’s talks in Oman, with the aim of getting Tehran to agree to stop enriching uranium (which is crucial for creating nuclear weapons) in exchange for lifting economic sanctions. Trump had said that he did not want Israel to go ahead with its attack on Iran, and yet these calls went unheeded.

    Some US officials were optimistic that the escalating tensions taking place between Iran and Israel were mere tactics of negotiation amid the important nuclear talks. But, though the US was clearly warned about the attack, Washington was not able to deter Israel.

    Though the US still supplies Israel with US$3.8 billion (£2.8 billion) worth of arms per year, it has had little success in exercising much leverage recently. It remains to be seen if domestic political pressure could halt this US funding.

    International relations experts should not be surprised that Israel went on the offensive in Iran. Israel’s attacks on Hezbollah in 2024 were just a precursor to the bigger prize of bringing Iran to its knees.

    For Netanyahu, this is a once-in-a-generation opportunity to reshape the Middle East and shift the regional power dynamics, and he appears to care little about what the US, or the rest of the world, thinks of how he does it.

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

    – ref. Why Israel’s air strikes signal a shifting relationship with the US and a weakening Iran – https://theconversation.com/why-israels-air-strikes-signal-a-shifting-relationship-with-the-us-and-a-weakening-iran-258926

    MIL OSI – Global Reports –

  • MIL-OSI Global: Kenya’s brutal police have been exposed again – why the system fails people

    Source: The Conversation – Africa – By Douglas Lucas Kivoi, Principal Policy Analyst, Governance Department, The Kenya Institute for Public Policy Research and Analysis (KIPPRA)

    The recent killing in Kenya of a young man in police detention highlights a string of systemic failures to hold the country’s security officers accountable for their actions. Despite public outrage and protests, Kenyan police officers continue to use inhumane, brutal and sometimes fatal methods with little consequence. Douglas Lucas Kivoi, who has studied policing and police reform in Kenya, unpacks the situation.

    Why is the Kenyan police service given to brutality?

    First, Kenya’s police institution was established as a colonial instrument of oppression. Police reforms since independence in 1963 have had little impact in changing this. Instead, successive governments have used the police to suppress dissent. This has cemented a culture of violence and police impunity. This was seen during former president Daniel arap Moi’s repressive regime, the post-2007 election violence and recent crackdowns on public protests protected under the constitution.

    The reaction to mass mobilisation in June 2024 was violent. This was because the state sees public demonstrations as a threat to its authority.

    Second, police brutality thrives in environments where wrongdoing goes unpunished. Kenya’s police force lacks good internal control mechanisms. A culture of silence and solidarity – the “blue code” – deters whistleblowing. Advancements and rewards are sometimes determined by political allegiances rather than professionalism.



    Read more:
    Kenyan police use excessive force because they’re serving political elites, not the public – policy analyst

    Third, many police officers work in toxic conditions marked by poor pay, limited resources and long shifts. These contribute to feelings of frustration and aggression. The situation is worsened by institutionalised corruption where police officers extort money from citizens and demand bribes. This has contributed to diminished ethical standards.

    What’s in place to punish police excesses?

    Kenya has several formal avenues for holding police accountable. But all are deeply flawed.

    Independent Policing Oversight Authority: This was established in 2011 in light of the post-election violence of 2007-08. Its job was to independently investigate police misconduct. However, underfunding and understaffing has led to delayed investigations.

    There has also been a lack of cooperation from the police. They often fail to provide evidence or deliberately provide misleading information to impede investigations.

    The authority also has limited enforcement power. It has recommended thousands of prosecutions of rogue officers. However, it has seen low conviction rates given the slow processes at the judiciary and Office of the Director of Public Prosecutions.

    Internal Affairs Unit: This is a critical oversight body. It’s mandated to provide accountability and professional discipline within the police service. It’s tasked with investigating public complaints and complaints from within the police service against police officers.

    The unit can recommend to the National Police Service Commission disciplinary action – such as prosecution or dismissal – against officers it finds guilty. It also monitors police officers to ensure that ethical conduct and professional standards are maintained.

    However, the unit faces perceptions of a lack of independence and as an internal cover-up tool. In many instances, cases of police misconduct are simply punished by a transfer to another station.

    Judiciary and Office of the Director of Public Prosecutions: Cases take years to move through the judicial system. Convictions are rare. The public prosecutions office has faced accusations of bias, which it exhibits through its reluctance to prosecute high-profile police killings.

    The time it takes to conclude police misconduct cases allows impunity to thrive. Deliberately poor investigations carried out by the police (who are also suspects) have led to collapsed cases.

    National Police Service Commission: This was established by the 2010 Kenyan constitution. The commission recruits and appoints police officers (except the inspector-general of police, who is appointed by the president with parliamentary approval). It also promotes, transfers and disciplines police officers.

    However, the commission has faced claims of being unduly influenced by the inspector-general’s office in recruitment and promotions. This undermines its independence.



    Read more:
    How Nairobi police failures let people get away with murder

    Civil society and the media: Organisations like Amnesty International Kenya and the Kenya Human Rights Commission document police abuses. But their reports rarely, if ever, lead to any real action being taken. The media’s attention and reporting of cases may exert temporary pressure but this doesn’t seem to have any long-term impact.

    Why haven’t these mechanisms worked?

    Firstly, there’s an institutional resistance to reform. Powerful factions in the police and government benefit from the current system. Whenever there is an attempt at enforcing accountability, these senior officials take advantage of bureaucratic delays, and harass investigators and whistleblowers.

    In extreme cases, they enforce the disappearance of witnesses.

    Secondly, a lack of political will creates a favourable environment to circumvent constitutional frameworks. This ultimately weakens any chances of accountability. At best, police in Kenya are used to defend political interests and suppress dissent.

    This emboldens powerful political players who want the police to be controllable. This dissuades them from instituting actual reforms and establishing a humane policing service.

    What will change things?

    Until those in leadership positions genuinely prioritise independent institutions and justice over transient political gains, significant police reform is unlikely to be realised.

    Elements of such reform would include steps to:

    Strengthen police oversight and guarantee independence

    The Independent Policing Oversight Authority Act needs to be amended to enhance autonomy. The current system is easy for the president to manipulate because he gets to appoint the authority’s commissioners.

    There’s also a need to provide the authority with equipment. This includes ballistics analysis, digital forensics and crime scene reconstruction capabilities to combat police cover-ups.

    The Office of the Director of Public Prosecutions must also be required to respond to the authority’s recommendations within 30 days. Currently, cases can take years to complete. There have been instances when rogue police have used this window to eliminate witnesses or tamper with evidence.

    Overhaul police training and culture

    There must be a move away from paramilitary-style drills and procedures in training. Instead, officers need to practise de-escalation, communication and problem-solving tactics with the public. What exists within Kenya now is a paramilitary service not a police service.

    Additionally, the police service commission needs to reward professionalism and not cronyism.

    Judicial and prosecutorial reforms

    Ending police impunity in Kenya requires a multi-pronged approach. This involves judicial independence, vigorous prosecution, meaningful oversight, legislative changes and public engagement.

    But this requires meaningful political will.

    Political accountability

    Continued police impunity has eroded public confidence in Kenya’s policing and justice systems. The policing oversight authority needs sufficient funding – free of political interference – to investigate and prosecute police misconduct. Senior officers should be held accountable for not disciplining rogue officers under their charge. The presidency and interior ministry must have a zero-tolerance policy toward police brutality.

    If Kenya doesn’t grapple with police impunity, then the anniversary of the June 2024 protests will be just another date in history when the state brutally attacked, maimed and killed its own citizenry. And still managed to silence them.

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

    – ref. Kenya’s brutal police have been exposed again – why the system fails people – https://theconversation.com/kenyas-brutal-police-have-been-exposed-again-why-the-system-fails-people-258843

    MIL OSI – Global Reports –

  • MIL-OSI Global: Sam Fender’s music offers a vision of masculinity that is complex, conflicted and deeply human

    Source: The Conversation – UK – By Nick Robinson, Associate Professor in Politics and International Studies, University of Leeds

    By the end of June 2025, Sam Fender will have played four stadium shows to nearly 250,000 people across the UK, with three of those in his native north east. With three albums and over 2 billion streams, his music has earned widespread acclaim. Yet, Fender is no ordinary rock star.

    His songs provide a powerful connection to place and a lens through which to reflect on social, cultural and political dynamics. Deeply rooted in north-east England, Fender’s lyrics reference his hometown of North Shields and use local vernacular.

    As a researcher of the links between popular culture and politics who lives less than a mile from his hometown, I find his work particularly powerful in the way it mobilises emotive issues at scale. Fender explores themes such as masculinity, poverty and everyday struggle, forging a direct emotional connection with his audience.

    This connection is reinforced by his activism. Fender supports local food banks, the Teenage Cancer Trust, and campaigns for poverty reduction and men’s mental health.

    To my mind, this work is not performative celebratory activism, but is grounded in his own community and personal experiences. This combination of commercial success rooted in honesty, vulnerability and community action led to him being named “freeman of North Tyneside” in May 2025.


    Boys and girls are together facing an uncertain world. But research shows they are diverging when it comes to attitudes about masculinity, feminism and gender equality.

    Social media, politics, and identity all play a role. But what’s really going on with boys and girls? Join The Conversation UK and Cumberland Lodge’s Youth and Democracy project at Newcastle University for a discussion of these issues with young people and academic experts. Tickets available here.

    Fender’s teenage years were marked by personal challenges, including his parents’ separation and his mother’s fibromyalgia. These experiences, and the state’s failure to support those in need, are captured in his song Seventeen Going Under (2021): “I came home and you were on the floor / Floored by the letters and the council rigmarole.”

    His latest album, People Watching (2025), continues this critique. The title track, inspired by the death of a close friend in a care home, laments:

    The place was fallin’ to bits

    Understaffed and overruled by callous hands

    The poor nurse was around the clock

    And the beauty of youth had left my breaking heart.

    The music video for People Watching.

    For Fender, these stories reflect a Britain in decline. In Crumbling Empire, he sings: “Road like the surface of the moon / A Detroit neighbourhood left to ruin.” The song further critiques a society that fails to honour those who have given everything:

    My mother delivered most the kids in this town

    My step-dad drove in a tank for the crown

    They left them homeless, down and out

    In their crumbling empire.

    His message is clear: hard work, even by midwives and war heroes, no longer guarantees dignity or reward.

    Fender’s most poignant observations are rooted in his locality. In Nostalgia’s Lie, he sings: “These streets break my heart / There’s pain unfurling and desperate yearning / For all my friends who are gone.”

    North Shields has some of the highest rates of child poverty in the UK. According to the North East Child Poverty Commission (March 2025), 31% of children in the region lived below the poverty line between 2021 and 2024.

    Looking for something good? Cut through the noise with a carefully curated selection of the latest releases, live events and exhibitions, straight to your inbox every fortnight, on Fridays. Sign up here.

    In this context, Fender places mental health – especially male mental health – at the core of his work, made even more powerful by his honesty about his own struggles.

    Dead Boys reflects both personal loss and the epidemic of male suicide in North Tyneside: “We close our eyes, learn our pain / Nobody ever could explain / All the dead boys in our hometown.”

    In Something Heavy, he adds: “My friends reached for the rope and tied / Oh, God, how can we keep missing signals?”

    Fender performs Dead Boys in Manchester.

    Fender’s engagement with mental health is deeply personal. He wrestles with confusion, despondency, and his own sense of self-esteem: “Though I am a soundboard to some / With myself I am not so forgiving” (Last to Make it Home), and “Sometimes I wanna die, sometimes” (Paradigms).

    In Good Company, he confesses: “Sometimes I cry until there’s no sound,” and in Arm’s Length: “Do you have to know me, know me, inside out / I’m selfish, and I’m lonely.”

    Yet, like many artists, Fender feels guilt that success has uprooted him. In Wild Long Lie, he reflects: “Oh, I’ve got so much pain here, yet so much love / But it’s drownin’ every inch of my soul.” He questions whether he can still authentically raise these issues now that fame has distanced him from his past. As he puts it in Crumbling Empire:

    I’m not preaching, I’m just talking

    I don’t wear the shoes I used to walk in

    But I can’t help thinking where I’d be

    In this crumbling empire.

    Fender’s work helps us understand political and social phenomena by reflecting unfolding events. His songs can be seen as giving life and voice to what political theorist Michael Shapiro calls an “aesthetic subject”.

    The characters in his songs, whether autobiographical or imagined, give voice to communities which are so often ignored. They allow exploration of the structures of power that deny working-class people opportunities, contributing to mental health crises, suicide and spiralling drug use within those communities.

    Sam Fender talks about men’s mental health.

    Even though Fender acknowledges he no longer walks in the same shoes, his songs still speak truth to power. They give voice to experiences that are often ignored and expose the increasing struggle of everyday life in the UK and beyond.

    He also offers a nuanced reflection on masculinity. Fender challenges traditional ideals – rational, authoritative, emotionally restrained – while rejecting simplified portrayals of men as weak or unstable. His songs reveal a masculinity that is complex, conflicted and deeply human.

    While Fender is not alone in using music for social commentary, what sets him apart is his ability to channel the spirit of his local community to explore universal themes. His work critiques the failures of contemporary capitalism to provide dignity, respect, and cohesion – issues that resonate deeply amid today’s cultural, political and economic challenges.

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

    – ref. Sam Fender’s music offers a vision of masculinity that is complex, conflicted and deeply human – https://theconversation.com/sam-fenders-music-offers-a-vision-of-masculinity-that-is-complex-conflicted-and-deeply-human-258530

    MIL OSI – Global Reports –

  • MIL-OSI China: China renews bilateral currency swap agreement with Türkiye

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

    BEIJING, June 13 — The People’s Bank of China (PBOC), the country’s central bank, has renewed a bilateral currency swap agreement with the Central Bank of the Republic of Türkiye.

    The total value of this agreement is 35 billion yuan (about 4.88 billion U.S. dollars), or 189 billion Turkish lira, the PBOC said in a statement on its website.

    The agreement is valid for three years and can be renewed upon mutual consent, according to the statement.

    Meanwhile, the two sides have also signed a memorandum of understanding to establish a yuan clearing arrangement in Türkiye.

    These arrangements mark a new stage in China-Türkiye financial cooperation and are expected to facilitate the use of local currencies by enterprises and financial institutions of both countries for cross-border settlements, further promoting and facilitating bilateral trade and investment, the statement said. 

    MIL OSI China News –

  • MIL-OSI China: China-Africa trade shifting toward more diversified, high value-added model

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

    CHANGSHA, June 13 — China-Africa trade is undergoing a profound transformation from a traditional resource-based model to one that is more diversified, high value-added and technology-intensive, according to a document released Friday at the ongoing China-Africa Economic and Trade Expo.

    The Blue Book of China-Africa Economic and Trade Cooperation: Development Report (2025) highlights expanding cooperation in sectors such as industry, agriculture, telecommunications, digital economy, new infrastructure, green energy and financial services.

    Agricultural trade between China and Africa is transitioning from raw material exports to processed goods, cooperation in digital and technology-related services is gaining traction, and cross-border e-commerce is playing a growing role alongside traditional trade channels, said the document.

    These developments are driven by Africa’s push for industrialization, China’s economic upgrading, and the continued influence of the Belt and Road Initiative, it said.

    Infrastructure cooperation has expanded steadily, with projects covering sectors such as transport, energy and communications. Broader partnerships have also formed in education, agriculture, healthcare and green development, supported by maturing policy frameworks, trade pacts and financing tools, it said.

    The document, jointly released by organizations including the China-Africa Economic and Trade Promotion Council, the Department of Commerce of Hunan Province, and the China Economic Information Service, made use of both public data and field research.

    It features a specific annual theme that reflects key developments and challenges in China-Africa trade, and aims to provide actionable recommendations for future cooperation.

    The fourth China-Africa Economic and Trade Expo is being held in Changsha, capital of central China’s Hunan Province. Nearly 4,700 Chinese and African companies as well as over 30,000 participants are attending the four-day event, themed “China and Africa: Together Toward Modernization.”

    Economic and trade cooperation between China and Africa has demonstrated strong vitality, with a rapid increase in trade value over the past 25 years, official data showed.

    China’s total trade with African countries increased from less than 100 billion yuan (about 13.9 billion U.S. dollars) in 2000 to 2.1 trillion yuan in 2024, marking an average annual growth of 14.2 percent, according to the General Administration of Customs.

    China and Africa, as the largest developing country and the continent with the highest concentration of developing countries, respectively, are jointly exploring new frontiers in South-South cooperation, said Xu Xiangping, head of the China-Africa Economic and Trade Promotion Council.

    Xu added that China-Africa trade has repeatedly reached new levels, with notable developments including expansion in scale, structural upgrades and growing investment across industrial chains and emerging sectors.

    MIL OSI China News –