Category: Business

  • MIL-OSI Russia: The main stage of the Green Market will host a program for capital businessmen

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    An important disclaimer is at the bottom of this article.

    On July 23, the main stage of the Green Market on Bolotnaya Square will host the event “SberBusiness. Wednesday” for Moscow entrepreneurs. Sber specialists and experts from the Made in Moscow project will talk about how to take your business to a new level and achieve maximum efficiency. Discussions, a panel session, and master classes will be held for guests. To attend the event, you need registration on the mos.ru portal.

    The program will begin at 14:30 and will be divided into three thematic blocks. The first will be dedicated to promotion tools available to Moscow entrepreneurs with the support of the city, including the Made in Moscow project. Speakers will talk about online and offline opportunities for business development, as well as the strength of the capital’s entrepreneurial community. Representatives of Moscow business will speak on the main stage — Svetlana Kruglikova, founder of the Esply men’s cosmetics brand, and Maria Bursakova, founder of the Made in Moscow coffee shops.

    The second block will be dedicated to Sber’s partner companies that help develop the local brand. Experts will present tools for emotional branding, effective promotion of regional brands through retail media, as well as solutions for effective business management. The speakers will be the head of the Internet Marketing Department of the inSales online trade management platform Elizaveta Markova, the head of the Cooper advertising platform department Alexander Noskov and the head of the GR projects sector of Sberbank Moscow Maria Losevskaya.

    The third block will feature a panel session dedicated to common mistakes entrepreneurs make when working with brands, patents and copyrights. Experts and businessmen will discuss how to avoid legal risks and protect intellectual property using examples from real Moscow companies. The moderator will be Alexandra Bondar, head of the PR department of the Made in Moscow project. The speakers will be the founder and CEO of the patent company Institute of Innovations and Law Max Lutskovsky, chief lawyer of the company Kangaroo. Pro Nadezhda Odnorog, founder of the Bagryanitsa clothing brand Anastasia Aksenova and founder of the Avetida brand Vera Gavrik.

    In addition, the Sber hub will host a master class by Elizaveta Markova dedicated to creating inspiring visual content for business.

    Events for Moscow entrepreneurs with the support of Sber are held on Bolotnaya Square from July 9 to September 14 on Wednesdays. Experts on key topics for starting and developing a business in the capital speak on the main stage of the Green Market. The first topic on July 9 was HR trends in 2025 and the future of HR.

    Moscow received an award from the All-Russian competition “Know Ours” for supporting local brandsIn the Active Citizen project you can appreciate the Made in Moscow art pavilions

    “Made in Moscow” is a project to promote local brands. Today it has more than seven thousand brands, and on the site you can find over 34 thousand products created in the capital. Entrepreneurs receive free support measures – from participation in large city events to information assistance.

    Project “Summer in Moscow” — the main event of the season. It brings together the most vibrant events of the capital. Every day, charity, cultural and sports events are held in all districts of the city, most of which are free. “Summer in Moscow” is being held for the second time, and this season will be more eventful: new, original and colorful festivals and events will be added to the traditional ones.

    Get the latest news quickly official telegram channel the city of Moscow.

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • MIL-OSI Russia: Moscow entrepreneurs send humanitarian aid to the SVO zone — Sobyanin

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    An important disclaimer is at the bottom of this article.

    Six residents of Moscow technology parks sent over 60 tons of humanitarian medical aid to the special military operation (SVO) zone. This was reported by Sergei Sobyanin in his telegram channel.

    “Thus, a pharmaceutical company from the Mosgormash technopark has developed and launched the production of drugs that thicken the blood and reduce bleeding. They are in great demand on the front lines, when it is necessary to quickly provide first aid. A resident of Mosmedpark produces vacuum devices for treating wounds using negative pressure. They improve blood circulation in tissues, promote healing, and protect against infections,” the Moscow Mayor wrote.

    Source: Sergei Sobyanin’s Telegram channel @mos_sobyanin

    Another Mosmedpark company is developing hemostatic bandages, powder and gel based on chitosan, a biopolymer obtained from crustacean shells. The products are capable of quickly stopping any external bleeding.

    Three manufacturers also provide assistance to the SVO fightersTechnopark “Strogino”. One of them, a 3D factory, produces individual ampoule cases for safe packaging and transportation of medicines. The second company makes antiseptic elastic bandages, belts, knee pads and elbow pads for the prevention of arthritis and protection from hypothermia. The third resident produces dressings: plasters, surgical bandages and other products.

    At the initiative of entrepreneurs, products are sent to the special military operation zone free of charge.

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • MIL-OSI Russia: Vice Premier He Lifeng to visit Sweden on July 27-30 to participate in trade talks with the US – Ministry of Commerce

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

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

    Xinhua | 23.07.2025

    Key words: china-politics

    Source: Xinhua

    Vice Premier He Lifeng will visit Sweden from July 27-30 to participate in trade talks with the US – Ministry of Commerce Vice Premier He Lifeng will visit Sweden from July 27-30 to participate in trade talks with the US – Ministry of Commerce

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • MIL-OSI Russia: Overseas investors to be given access to financial products at Hainan Free Trade Port

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

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

    HAIKOU, July 23 (Xinhua) — A pilot program allowing overseas investors to invest in financial products offered by local financial institutions is scheduled to be launched at the Hainan Free Trade Port on Aug. 21, 2025.

    These include asset management products, private wealth management products from securities, funds and futures operators, as well as funds for investment in public placement of securities and insurance asset management products.

    The program is aimed at increasing the cross-border supply of financial products and finding new channels for foreign investors to access China’s domestic market, said the People’s Bank of China’s Hainan branch, which co-authored the new rules.

    The said program is also expected to help attract both domestic and foreign institutions specializing in asset management to Hainan and establish business for the benefit of the development of Hainan Free Trade Port. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • MIL-OSI: Correction: Mandatory notice of trade in IDEX Biometrics – 22 July 2025

    Source: GlobeNewswire (MIL-OSI)

    Reference is made to IDEX Biometrics ASA’s disclosure on 21 July 2025 of a private placement of 9,090,909 shares at NOK 3.30 per share, split in two tranches. IDEX discloses the following information on behalf of primary insiders. 

    In tranche 1 of the private placement, total 4,731,594 shares :-

    Pinchcliffe AS, a company closely related to CEO and CFO Anders Storbråten, subscribed to 739,360 shares, ISIN NO0013536078, at NOK 3.30 per share, and
    K-konsult AS, a company closely related to chair Morten Opstad, subscribed to 128,156 shares, ISIN NO0013536078, at NOK 3.30 per share.

    Contact person
    Anders Storbråten, CEO and CFO
    Tel: +47 4163 8582
    E-mail: ir@idexbiometrics.com

    About IDEX Biometrics
    IDEX Biometrics ASA (OSE: IDEX) is a global technology leader in fingerprint biometrics, offering authentication solutions across payments, access control, and digital identity. Our solutions bring convenience, security, peace of mind and seamless user experiences to the world. Built on patented and proprietary sensor technologies, integrated circuit designs, and software, our biometric solutions target card-based applications for payments and digital authentication. As an industry-enabler we partner with leading card manufacturers and technology companies to bring our solutions to market.

    For more information, visit www.idexbiometrics.com

    About this notice
    This correcting notice was issued by Erling Svela, Vice president of finance, on 23 July 2025 at 11:25 CET on behalf of IDEX Biometrics ASA. The information shall be disclosed according to article 19 no. 3 of the EU Market Abuse Regulation (EU 596/2014) and published in accordance with section 5‑12 of the Norwegian Securities Trading Act.

    The MIL Network

  • MIL-OSI: Correction: Mandatory notice of trade in IDEX Biometrics – 22 July 2025

    Source: GlobeNewswire (MIL-OSI)

    Reference is made to IDEX Biometrics ASA’s disclosure on 21 July 2025 of a private placement of 9,090,909 shares at NOK 3.30 per share, split in two tranches. IDEX discloses the following information on behalf of primary insiders. 

    In tranche 1 of the private placement, total 4,731,594 shares :-

    Pinchcliffe AS, a company closely related to CEO and CFO Anders Storbråten, subscribed to 739,360 shares, ISIN NO0013536078, at NOK 3.30 per share, and
    K-konsult AS, a company closely related to chair Morten Opstad, subscribed to 128,156 shares, ISIN NO0013536078, at NOK 3.30 per share.

    Contact person
    Anders Storbråten, CEO and CFO
    Tel: +47 4163 8582
    E-mail: ir@idexbiometrics.com

    About IDEX Biometrics
    IDEX Biometrics ASA (OSE: IDEX) is a global technology leader in fingerprint biometrics, offering authentication solutions across payments, access control, and digital identity. Our solutions bring convenience, security, peace of mind and seamless user experiences to the world. Built on patented and proprietary sensor technologies, integrated circuit designs, and software, our biometric solutions target card-based applications for payments and digital authentication. As an industry-enabler we partner with leading card manufacturers and technology companies to bring our solutions to market.

    For more information, visit www.idexbiometrics.com

    About this notice
    This correcting notice was issued by Erling Svela, Vice president of finance, on 23 July 2025 at 11:25 CET on behalf of IDEX Biometrics ASA. The information shall be disclosed according to article 19 no. 3 of the EU Market Abuse Regulation (EU 596/2014) and published in accordance with section 5‑12 of the Norwegian Securities Trading Act.

    The MIL Network

  • MIL-OSI United Kingdom: Folkestone business wins US contract through $475,000 UK Export Finance deal

    Source: United Kingdom – Executive Government & Departments

    Press release

    Folkestone business wins US contract through $475,000 UK Export Finance deal

    UKEF announces its support for British engineering firm Dyrhoff, enabling the company to supply key components for a large-scale water management project in the United States.

    A water control gate installed by Dyrhoff in Scotland. Image provided by Dyrhoff

    • Dyrhoff, a Folkestone-based provider of water control gates, has recently won a major export contract following support from UK Export Finance (UKEF) and NatWest.

    • The business is supporting a flood protection project in North Dakota, using both UK and internationally manufactured parts.

    Dyrhoff, a provider of water control gates, has won a major contract to deliver two pneumatically operated spillway gates for a flood protection project in North Dakota, USA, following support from a government financing scheme.

    Throughout its more than 30 years, the business has specialised in the design and supply of inflatable rubber dams and spillway gates. These gates can be used to reduce flood risk and aid water regulation.

    In line with the government’s Plan for Change and its mission to kickstart economic growth, UKEF guaranteed a $475,000 finance facility to be issued by NatWest. This facility enabled Dyrhoff to meet the bonding terms required to win the contract in North Dakota.

    Dyrhoff works with UK and international partners to engineer and manufacture parts which are subsequently assembled at the project location. The majority of Dyrhoff’s business originates from overseas contracts, contributing to 156 projects in over 33 countries, including USA, Italy, Canada, Norway, Turkey, Portugal and Indonesia.

    Although Dyrhoff is a seasoned exporter, the financial support provided by UKEF has enabled the business to win one of its largest contracts to date.

    As a result of the North Dakota deal and other successful contracts, Dyrhoff is now planning to increase staff numbers at its manufacturing facility in Folkestone, Kent.

    Don Mason, Director at Dyrhoff said:

    We have been providing market-leading rubber dam and spillway solutions since 1989, but the support afforded by UKEF has enabled us to set our sights on an exciting overseas growth opportunity.

    By assisting us in winning such a significant project for the business, UKEF support has set us up to carry on building momentum in key markets like the USA. Despite economic uncertainty in the market, we are now well placed to use this project as a springboard for success.

    Lisa Maddison-Brown, Kent, East Sussex and West Sussex Export Finance Manager at UKEF said:

    We are really pleased to be able to assist a business which maintains a focus on developing critical infrastructure to keep areas safe from flooding. A key goal of ours is to continue placing British engineering at the heart of vital projects worldwide, and Dyrhoff is helping to do just that.

    Ellie Morrison, Trade Finance Manager at NatWest commented:

    I’m delighted to announce NatWest’s Trade Finance support for Dyrhoff, as they secure a significant export contract creating impactful engineering solutions that serve a crucial international and domestic purpose.

    The financing package has equipped Dyrhoff to meet essential bonding requirements, thereby enabling the company to secure and mobilise on this project. This partnership, facilitated with the support of UK Export Finance, aligns with NatWest’s commitments to foster the growth of UK-based businesses and contributing to vital infrastructure projects worldwide.

    Dyrhoff are a great example of a successful UK exporter and NatWest is proud to support the business with the financial solutions they need to thrive globally.

    News of Dyrhoff’s success follows on from the recent publication of UKEF’s Annual Reports and Accounts for 2024/25. The department provided £14.5 billion in loans, guarantees and insurance in support of exporters of all sizes and supported up to 70,000 jobs.

    Contact

    Media enquiries:

    Updates to this page

    Published 23 July 2025

    MIL OSI United Kingdom

  • MIL-OSI Russia: Tatyana Golikova held the first meeting of the organizing committee to prepare for the celebration of the 150th anniversary of GITIS

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – Government of the Russian Federation –

    An important disclaimer is at the bottom of this article.

    Previous news Next news

    The first meeting of the organizing committee for the preparation and celebration of the 150th anniversary of the founding of GITIS in 2028, chaired by Tatyana Golikova

    Deputy Prime Minister Tatyana Golikova held the first meeting of the organizing committee for preparations for the celebration of the 150th anniversary of the founding of GITIS in 2028. The agenda included discussion of the plan of events. The meeting was attended by GITIS Rector Grigory Zaslavsky, Deputy Minister of Culture of Russia Andrei Malyshev, General Director of the NTV television company Alexei Zemsky, Head of the Vocal Arts Department of GITIS Tamara Sinyavskaya, Chairman of the Union of Theatre Workers Vladimir Mashkov and others.

    “GITIS annually confirms its status as a leading university in the field of theater education according to the K.S. Stanislavsky system. The upcoming anniversary – the 150th anniversary of the founding of GITIS – is a wonderful opportunity not only to look back on the path traveled, but also to fully present the achievements of the national theater school, recognized throughout the world,” emphasized Tatyana Golikova. – Many destinies and events are connected with GITIS. These are not just pages of history, but the very history of the transformation of our country. Epochs changed, but GITIS remained a forge of outstanding cultural figures. This is its true purpose and role in the fate of Russia.”

    Today, the institute has about 1,800 students from 30 countries, who are taught their skills by more than 500 teachers. Eight departments teach actors of dramatic and musical theater, directors of drama, musical theater and circus, choreographers and ballet teachers, theater artists and makeup artists, playwrights, producers and theater historians.

    Deputy Minister of Culture Andrei Malyshev emphasized that GITIS is an ambassador of Russian culture and identity, so the institute’s anniversary is important not only for GITIS and the theater community, but also for all of Russian culture.

    GITIS is actively developing. “Just two days later, on behalf of Russian President Vladimir Putin, on July 25, in the city of Blagoveshchensk, we open together with Governor Vasily Orlov of the Far Eastern branch of GITIS. The exams have already passed, the competition was, there was a competition, which is also very important for us, so we are just starting. The next day we move to Heihe, to China, and there we also present the Far Eastern branch of GITIS. It is very important for us that from the moment of changes, we not only have not decreased the flow of foreign students, but there are even more of them. This year we have almost accepted 46 students. This is Latvia, and Italy, and Iran, and Morocco. And of course, we are trying to maintain leadership in Central Asia, we have just held the GITIS school on Lake Issyk-Kul, the traditional, already fourth in a row. There were four countries with Russia. It is also important for us to expand the presence of GITIS in Central and South America. Last year, the second time was held by GITIS School in Chile, the first time GITIS School in Brazil after a long break in the framework of the “Russian seasons“. This year, the Brazilians came to us at the theater festival. It seems to me that one of the most important problems that we realized is that the theater is one of the arts, maybe the only one that cannot exist without constant self -understanding. The writer. It can be written in the world in 100 years by someone that can be brilliant in 100 years, no one will call the contemporaries, we have not been appreciated by the problem of the Institute of Expertise. We began the publication of the “Theater Journal“ and we consider this to be one of the most important tasks of returning a serious and high -quality examination to the theater, ”said the rector of the university Grigory Zaslavsky. 

    The plan to celebrate the 150th anniversary included 20 events, including festivals, tours, exhibitions and conferences.

    Key events include a gala concert dedicated to the 150th anniversary of GITIS, the International Competition of Young Choreographers named after R.V. Zakharov “Maria”, and the premiere of a documentary film about the history of the institute. In September 2028, GITIS will launch its branded train, on which students and teachers will travel from Moscow to Blagoveshchensk with performances and festive concerts, as well as master classes and selection tests in various regions of the country.

    Traditional GITIS festivals will be scaled up. The VIII International Student Festival of Diploma Performances “GITIS-fest” will be held in two cities – Moscow and Blagoveshchensk. In April 2028, the XIX International Competition of Young Choreographers named after R.V. Zakharov “Maria” and the XVIII International Festival of Stage Fencing “Silver Sword” named after N.V. Karpov will be held, and in November – the theater festival of the CIS countries “GITIS – Master Class”. The international scientific conference “Perspective – 150 years of GITIS” will bring together young specialists from leading universities in Russia, near and far abroad: art history, theater studies, philology, directing, choreography, scenography.

    An exhibition entitled “Russian Revolutionary Theatre” is planned for the fall of 2028, dedicated to the unique traditions of Russian theatre and domestic education in the field of theatrical art.

    Other events include tours of GITIS graduation performances in the CIS republics and regions of Russia where GITIS national studios were created. In addition, a series of 12 podcasts from GITIS students with stories about faculties and teachers will be released in 2028.

    An important event in preparation for the celebration will be the renovation and restoration work in the main academic building, as well as a major overhaul of the dormitory.

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • MIL-OSI Russia: The Ministry of Economic Development will act as a strategic partner of the Russian Creative Week

    Translation. Region: Russian Federal

    Source: Ministry of Economic Development (Russia) – Ministry of Economic Development (Russia) –

    An important disclaimer is at the bottom of this article.

    The Ministry of Economic Development of Russia has become a strategic partner of the Russian Creative Week. The forum will be held in Moscow on September 25–27 at the Russia National Center. The initiator and organizer of the event is the Creative Economy ANO.

    The Ministry of Economic Development of the Russian Federation carries out functions to develop state policy and improve the regulatory framework in the creative economy, and is also engaged in developing a long-term strategy for the development of this sector.

    The cooperation between the Ministry of Economic Development of Russia and the ANO “Creative Economy” will allow for a comprehensive discussion of the draft strategy – the fundamental document at the site of the “Russian Creative Week”, key issues in the field of creative economy at the federal level, and to attract the attention of entrepreneurs to the issues of developing creative industries.

    “The development of the creative economy requires a systematic approach and consideration of the positions of all participants in the process: the state, business and industry associations. The forum will create a space for uniting these views and developing joint solutions,” commented Deputy Minister of Economic Development of Russia Tatyana Ilyushnikova.

    President of the ANO “Creative Economy” Marina Mongush emphasized: The Ministry of Economic Development has launched the process of preparing a document that will determine how this sector will develop until 2030.

    “We are actively working with colleagues, with departments, with the expert community so that the strategy takes into account not only the economic, but also the socio-cultural, value-oriented approach to the creative economy. The Russian Creative Week forum will give our joint work with the Ministry of Economic Development an additional impetus,” believes the president of the ANO Creative Economy.

    “Russian Creative Week” has become an effective tool for the development of the industry as a whole – this is acknowledged by experts, noting that the forum gives a powerful impetus to the growth of regional “experience economies”.

    “It is important for people to be part of something big, and not just stand at a machine or work in a bank branch. It is important for everyone to build their own temple and feel involved in big goals, and it is the value-oriented approach that gives this feeling and distinguishes one community of people from all the others, both in the example of a separate company and in the example of the country,” emphasized the head of the Presidential Administration for Public Projects of the Russian Federation, Sergei Novikov.

    Partners of the Festival-Forum “Russian Creative Week”:

    Official partners: Rostec State Corporation, Andrey Melnichenko Charitable Foundation.

    Business partner: Aluminum Association.

    Business program partner: Prosveshchenie Group of Companies.

    Participating regions: Moscow, the Republic of Bashkortostan, Krasnoyarsk Krai, Nizhny Novgorod, Chelyabinsk, Tula regions.

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • MIL-OSI Russia: Yuri Trutnev: The Zabaikalsky Krai exposition on the “Far East Street” within the framework of the EEF will link technological innovations and the cultural heritage of the region

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – Government of the Russian Federation –

    An important disclaimer is at the bottom of this article.

    The Zabaikalsky Krai pavilion at the Far East Street exhibition, which will be held in Vladivostok from September 3 to 9 as part of the tenth anniversary Eastern Economic Forum, will present cutting-edge technologies, and its design will reflect a deep connection with the natural and cultural heritage of the region. The exhibition is organized by the Roscongress Foundation with the support of the Office of the Plenipotentiary Representative of the President of the Russian Federation in the Far Eastern Federal District.

    “Zabaikalsky Krai is actively developing and is among the leaders in terms of investment growth rates. In order to create favorable conditions for investors, the territory of advanced development “Zabaikalsky Krai” has been formed, and financial and infrastructural support measures are in place. It is equally important that the social sphere develops and urban spaces are transformed. Social infrastructure is being developed with the help of a single presidential subsidy allocated through the Ministry for the Development of the Russian Far East. Special tools have been introduced – “Far Eastern mortgage” and “Far Eastern hectare”. Construction of large facilities has begun according to the master plans of the cities of Chita and Krasnokamensk. But the most important thing is that wages are growing in Zabaikalsky Krai, a large number of jobs are being created. The pavilion exposition will tell visitors about this and much more,” said Deputy Prime Minister – Presidential Plenipotentiary Representative in the Far Eastern Federal District, Chairman of the Organizing Committee of the Eastern Economic Forum Yuri Trutnev.

    The Zabaikalsky Krai pavilion is a synthesis of natural grandeur, cultural heritage and high technology. The architectural appearance of the stand was created using modern forms and materials. Interactive zones, spectacular media facades and art objects give the guest the opportunity to take part in an immersive journey into the world of possibilities of the region.

    “We strive to show not only the economic potential of the region, but also its cultural wealth, historical values, and natural beauty. Our pavilion will combine advanced technologies, cultural heritage, and the rich history and nature of Zabaikalsky Krai. Traditionally, we will present the works of our fellow countrymen, whose names are known throughout the world. I am confident that the Zabaikalsky Pavilion will become a source of inspiration and new ideas for all visitors, and will awaken the desire to come to our sunny region,” emphasized the Governor of Zabaikalsky Krai, Alexander Osipov.

    The entrance to the Zabaikalsky pavilion will be decorated with a monumental 9.5-meter composition “Solar Myth” by the artist and sculptor Dashi Namdakov. The avant-garde art object depicts a mighty Siberian elk made of bronze, whose antlers form a solar halo – a symbol of the cultural heritage and natural energy of the region.

    In the “Investment Projects of Zabaikalsky Krai” zone, the leading enterprises of the region will be presented using modern technologies. Visitors can expect multimedia holographic and panoramic projections, as well as interactive panels that will demonstrate the achievements of the region in industry and culture. Particular attention will be paid to the largest investors – “Udokan Copper” and Bystrinsky Mining and Processing Plant. Panoramic screens and controllers will allow users to control the virtual space, creating the effect of full immersion and emphasizing the importance of these enterprises for the economy of Zabaikalsky Krai.

    The “Achievements of the Zabaikalsky Krai in 10 Years” platform will show how the development plans of Chita and Krasnokamensk are being implemented. The main feature of the zone is an interactive wall: by touching special tags, guests will see interesting images and will have the opportunity to take bright photos for social networks.

    In the “Tourism Potential” zone, visitors will be able to find out where to go and where to stay in Zabaikalsky Krai. The region’s tourism opportunities will be presented through a projection table and an interactive “mandala”.

    A separate zone “80 Years of Victory” will be dedicated to the exploits and achievements during the Great Patriotic War, as well as the heroes and events of the special military operation. The exhibition will use augmented reality technologies, allowing you to see biographical materials about the participants of the Great Patriotic War and the SVO.

    In addition, the pavilion will house a museum area, where works of art and historical artifacts will be displayed. Special design will create an atmosphere of comfort and respect, allowing visitors to better feel the value of the cultural heritage of Transbaikalia. The exhibition will become a kind of bridge between the past and the present, demonstrating the richness of the history and art of the region.

    On the street near the pavilion, products from the Transbaikal producers “Vkusy Zabaikalya” and “Sdelano v Zabaikalye” will be presented. On the large stage of “Ulitsa Dalnego Vostok”, the municipal theater of song and dance “Zabaikalye” will present the musical performance “Song of the Family”.

    Live music performed by the orchestra of the national song and dance theater “Amar Sain” will be heard near the Zabaikalsky stand, soloists of the vocal group “Forte” and the youth dance group “Klyukva” will perform. Also, guests of the pavilion will be able to participate in making dolls in national costumes, an art master class “Drawing together” and painting a memorable souvenir.

    The 10th Eastern Economic Forum will be held on September 3–6 at the campus of the Far Eastern Federal University in Vladivostok. During these days, the exhibition will be available to forum participants, and on September 7, 8, and 9, it will be open to everyone. The EEF is organized by the Roscongress Foundation.

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • MIL-OSI Africa: Symposium of Episcopal Conferences of Africa and Madagascar (SECAM) to hold its 20th Plenary Assembly in Kigali, Rwanda

    Source: APO – Report:

    .

    The Symposium of Episcopal Conferences of Africa and Madagascar (SECAM) (https://SECAM.org) will convene for its 20th Plenary Assembly from July 30 to August 4, 2025, in Kigali, Rwanda, under the theme: “Christ, Source of Hope, Reconciliation and Peace.”

    The plenary will bring together over 250 participants, including Cardinals, Bishops, Priests, Consecrated Men and Women, and Lay Leaders from across Africa and its islands, as well as partners from other continents.

    The Kigali Assembly will assess the progress made since the 19th Assembly, held in 2022 in Accra, Ghana, and chart a visionary course for the Church in Africa. Key agenda items include:

    • Presentation of SECAM’s long-term vision document for 2025–2050, built around 12 foundational pillars such as evangelization, family leadership, youth engagement, care for creation, digital mission, and political responsibility.
    • A pastoral reflection on accompanying Catholics in complex cultural realities, including polygamous unions.
    • Discussions on governance, justice, peace, interfaith dialogue, climate change, and safeguarding.

    The Assembly will also unveil the Triennial Strategic Plan (2025–2028) and initiate the renewal of SECAM’s leadership in line with its constitution.

    Rev. Fr. Rafael Simbine Junior                      
    Secretary General of SECAM                                                                                         

    Accra, Ghana

    – on behalf of Symposium of Episcopal Conferences of Africa and Madagascar (SECAM).

    For more information, please get in touch with the Secretary General of SECAM at the following contact:
    secamsg@yahoo.com
    Communications Coordinators on the following contacts:
    communications.secam@gmail.com
    +233541717984
    mutabazifide@gmail.com
    +250783 462125

    MIL OSI Africa

  • MIL-OSI Africa: Eskom clarifies dispute with Koeberg contractor

    Source: Government of South Africa

    Eskom has confirmed that the two contractual disputes with Koeberg Nuclear Power Station contractor, Framatome, are being addressed through an agreed resolution process.

    This after media reports that the French energy company had won a high court order instructing the power utility to pay some R1 billion to the company, following contractual issues.

    Framatome was contracted for the Steam Generator Replacement Project at the nuclear power station located in the Western Cape.

    “In accordance with the contract, disputes are first referred to adjudication and, if not resolved, to arbitration. 

    “Two disputes were adjudicated between December 2022 and February 2023. As Eskom was not satisfied with the adjudicator’s decisions, the two matters were escalated to arbitration as per the agreed process. The arbitration was held from June to July 2025, and a decision is expected in the last quarter of Eskom’s financial year.  

    “Recent media reports appear to have mixed separate legal processes. To clarify, no new payments are currently due, and all actions taken by Eskom have been in line with the applicable legal and contractual procedures,” the power utility said in a statement on Tuesday.

    Furthermore, Eskom said although it “disagreed with the adjudicator’s decisions” – it complied with the outcomes and made payments.

    “All payments had been made by March 2024 as part of standard contract processes – not as penalties or fines,” the electricity supplier said.

    Simultaneously, the power utility approached the courts.

    “Eskom approached the Cape High Court to have the adjudicator’s decisions set aside due to procedural irregularities (independent of the merits of the decisions). The court only delivered its judgment on 17 July 2025, over a year late. Eskom is currently reviewing the judgment to determine the appropriate next steps.

    “We encourage the public and media to trust the integrity of this process. Eskom is following the proper legal channels to resolve these matters responsibly, and we remain committed to transparency and accountability throughout.

    “Most importantly, despite these disputes, the core technical work, replacing the steam generators on Koeberg Unit 2, has been completed. This is a major milestone that contributes to the safe and extended operation of the power station, helping to ensure energy security for the country,” Eskom said. – SAnews.gov.za

    MIL OSI Africa

  • MIL-OSI Africa: eThekwini council approves strategy to improve solid waste management

    Source: Government of South Africa

    The eThekwini Municipality has approved the Cleansing and Solid Waste Turnaround Strategy during a special council meeting held at the Inkosi Albert Luthuli International Convention Centre.

    The strategic plan has been developed in line with National Treasury’s Metro Trading Services Reform Framework.

    The new strategy, which was adopted on Monday, will see the transformation of the Waste Management Unit to a Cleansing and Solid Waste Business Directorate, establishing a single point of accountability.

    This change will enable the Executive Director of the Waste Management Directorate to have the necessary responsibility and authority to improve its services and ensure accountability.

    As per the requirements by National Treasury, the strategy is supported by two key documents, including Cleansing and Solid Waste Directorate’s Institutional and Governance Roadmap (A1) and Business and Investments Plan (A2), also forming part of the Metro Trading Services Reform to improve all aspects of the solid waste business.

    According to the report, the institutional reforms focus on improved management and governance, while the Business and Investment Plan focuses on the Waste Business Development Plan.

    The Directorate is also required to develop a Performance Improvement Action Plan (A3) which is due in April 2026.

    “The report states that this will be submitted in due course, as it is a pre-requisite for the Urban Settlements Development Grant, an incentive grant that will be provided during the 2026/27 financial year,” the council said.

    This marks the third major turnaround strategy adopted by the Council under the National Treasury’s Trading Services Reform to improve the performance of trading services, following similar approvals in the Water and Sanitation and Energy sectors.

    “Metros, including eThekwini Municipality, had to first develop a turnaround strategy outlining plans to address structural and investment gaps affecting trading services,” the council said. – SAnews.gov.za
     

    MIL OSI Africa

  • MIL-OSI United Kingdom: NS&I Chair to step down

    Source: United Kingdom – Executive Government & Departments

    News story

    NS&I Chair to step down

    HM Treasury has confirmed today (23 July) that Lord Gerard Lemos CMG CBE will be stepping down from his role as Chair of the Board for National Savings and Investments (NS&I) with immediate effect.

    Lord Lemos has been a member of the House of Lords since January 2025. Prior to this, he was appointed to the NS&I Advisory Board as Chair from 1 April 2024 on a three-year term but will be stepping down with immediate effect to take up an appointment in the Whip’s Office within the House of Lords.  

    Non-Executive appointments to NS&I’s Board, including the Chair, are regulated by the Office of the Commissioner for Public Appointments. The process to identify an Interim Chair will follow the Governance Code for Public Appointments and HM Treasury will seek to confirm the Interim Chair as soon as possible.

    Further information  

    NS&I is an arm’s length body of HM Treasury, responsible for raising cost-effective finance for the government through the retail savings market.  

    The role of NS&I’s Non-Executive Directors, including the Chair, is set out in the Framework Document agreed between HM Treasury and NS&I. The Chief Executive Officer remains responsible for the day-to-day operations of NS&I and ensuring that NS&I is run on the basis of the standards set out in Managing Public Money, including terms of governance, decision-making and financial management.  

    As the Minister responsible for NS&I, the Economic Secretary to the Treasury is responsible for determining the overall policy and performance framework within which NS&I operates. Further information can be found in the Framework Document.

    Updates to this page

    Published 23 July 2025

    MIL OSI United Kingdom

  • MIL-OSI: Aurora Mobile Explores Strategic Opportunities in Real World Asset (RWA) Market

    Source: GlobeNewswire (MIL-OSI)

    SHENZHEN, China, July 23, 2025 (GLOBE NEWSWIRE) — Recent reports have indicated that Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the “Company”), a leading provider of customer engagement and marketing technology services in China, has been approached by various parties seeking to collaborate in exploring opportunities in the Real World Asset (RWA) markets, both in China and globally.

    In response, Mr. Weidong Luo, Chairman and Chief Executive Officer of Aurora Mobile, commented, “There are many different aspects of our current products and services that I believe can help all parties grow and prosper in the RWA markets. We are actively exploring opportunities in this space and have been engaging in meaningful discussions with institutions that have expressed strong interest.”

    As a leading provider of customer engagement and marketing technology services in China, Aurora Mobile sees great potential for synergy with RWA development through its core business segments: data services, marketing cloud services, and customer engagement solutions. Specific opportunities include:

    • Integrating Data Services with RWA:
      Aurora Mobile has amassed an extensive data asset base, having served 1.78 million apps with more than 1.4 billion monthly active devices. This data can be combined with RWA projects to provide critical support in assessing underlying asset value and risk. For example, in real estate RWA projects, Aurora Mobile can provide data on surrounding population density and consumer purchasing power to aid investor decision-making. Similarly, for renewable energy RWA initiatives, Aurora Mobile can offer user behavior insights to optimize asset operation strategies. The Company’s data strength can also support asset valuation and pricing of RWA projects by establishing more accurate data-driven models.
    • Marketing Cloud Services Empower RWA Promotion:
      Aurora Mobile’s marketing cloud solutions help businesses achieve multi-channel customer reach. For RWA projects, its robust marketing channels can be used to promote RWA products to a wider base of investors. For instance, Aurora Mobile can deliver project updates and investment opportunities to potential investors via SMS, Email, and other channels. This enhances visibility and recognition, ultimately boosting RWA asset sales and liquidity.
    • Customer Engagement to Support RWA:
      Aurora Mobile is committed to helping enterprises build strong relationships with customers by enhancing investor service experiences. Aurora Mobile can facilitate timely responses to investor inquiries, handle complaints, and strengthen investor trust and satisfaction in RWA projects. In addition, investor feedback gathered through these interactions can offer valuable insights for RWA project refinement and optimization.
    • AI-Driven Collaboration Opportunities:
      Aurora Mobile has made strategic advancements in AI, such as integrating with GPTBots.ai, the Company’s AI agent platform. AI technology is also essential in the RWA space, particularly for asset pricing optimization and risk forecasting. Leveraging its AI technology capabilities, Aurora Mobile can collaborate with RWA stakeholders to develop AI-powered applications, improving the intelligence and efficiency of RWA project management.
    • Cross-Border Business Synergies with RWA:
      Aurora Mobile provides customer engagement and marketing technology applications for Chinese companies that are expanding overseas. As a result, the Company has accumulated extensive experience in cross-border business. As RWAs enable the global trading of assets, Aurora Mobile can leverage its cross-border service capabilities to support RWA projects across borders. This includes helping promote and operate such projects in different regions and assisting with issues such as cross-border payments and investor communications.

    With its proven technological capabilities and deep market experience, Aurora Mobile is well positioned to contribute to the growth and innovation of the RWA ecosystem and looks forward to exploring further collaboration opportunities with partners in this space.

    About Aurora Mobile Limited

    Founded in 2011, Aurora Mobile (NASDAQ: JG) is a leading provider of customer engagement and marketing technology services in China. Since its inception, Aurora Mobile has focused on providing stable and efficient messaging services to enterprises and has grown to be a leading mobile messaging service provider with its first-mover advantage. With the increasing demand for customer reach and marketing growth, Aurora Mobile has developed forward-looking solutions such as Cloud Messaging and Cloud Marketing to help enterprises achieve omnichannel customer reach and interaction, as well as artificial intelligence and big data-driven marketing technology solutions to help enterprises’ digital transformation.

    For more information, please visit https://ir.jiguang.cn/.

    Safe Harbor Statement

    This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Among other things, the Business Outlook and quotations from management in this announcement, as well as Aurora Mobile’s strategic and operational plans, contain forward-looking statements. Aurora Mobile may also make written or oral forward-looking statements in its reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about Aurora Mobile’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Aurora Mobile’s strategies; Aurora Mobile’s future business development, financial condition and results of operations; Aurora Mobile’s ability to attract and retain customers; its ability to develop and effectively market data solutions, and penetrate the existing market for developer services; its ability to transition to the new advertising-driven SAAS business model; its ability to maintain or enhance its brand; the competition with current or future competitors; its ability to continue to gain access to mobile data in the future; the laws and regulations relating to data privacy and protection; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company’s filings with the Securities and Exchange Commission. All information provided in this press release and in the attachments is as of the date of the press release, and Aurora Mobile undertakes no duty to update such information, except as required under applicable law.

    For more information, please contact:

    Aurora Mobile Limited
    E-mail: ir@jiguang.cn

    Christensen

    In China
    Ms. Xiaoyan Su
    Phone: +86-10-5900-1548
    E-mail: Xiaoyan.Su@christensencomms.com

    In US
    Ms. Linda Bergkamp
    Phone: +1-480-614-3004
    Email: linda.bergkamp@christensencomms.com

    The MIL Network

  • MIL-OSI: Aerospike Opens Champions of Scale Nominations Worldwide

    Source: GlobeNewswire (MIL-OSI)

    MOUNTAIN VIEW, Calif., July 23, 2025 (GLOBE NEWSWIRE) — Aerospike, Inc., today opened nominations for its first-ever Champions of Scale awards.

    Champions of Scale celebrates CTOs, CIOs, data architecture VPs and directors, or any other technology innovators who’ve built massive and efficient internet-scale data infrastructure that powers outstanding customer and user experiences. The program will showcase their personal and technical journeys in their industry, regardless of the underlying technology stack.

    “Today’s IT leaders are expected to rapidly deploy and scale-up applications while still controlling costs and promising lightning-fast and predictable performance – even during the most unpredictable times,” said Subbu Iyer, CEO, Aerospike. “Champions of Scale celebrates the technology heroes who’ve forged new ground, delivered growth, and solved previously impossible or impractical data challenges in ML, generative and agentic AI, and other operations.”

    Industry Luminaries to Judge Applications

    A panel of industry luminaries in AI, ML, data science, and the large-scale, mission-critical data architectures behind some of the world’s most successful companies will judge Champions of Scale applications. The panel will also include two Aerospike executives:

    • Srini V Srinivasan, Ph.D., founder and CTO of Aerospike. Recognized as one of the database pioneers in Silicon Valley at companies like Oracle and Yahoo!, Srini has spent decades designing, deploying, and operating high-scale infrastructure.
    • Srinivasan (Sesh) Seshadri, Ph.D., chief evangelist of Aerospike. Sesh has spent decades building and operating business-critical infrastructure as the former vice president of data and discovery at Target, CTO of Yahoo!, and director of engineering at Google.

    Additional criteria and conditions apply.

    About Aerospike

    Aerospike is the real-time database for mission-critical use cases and workloads, including machine learning and generative and agentic AI. Aerospike powers millions of transactions per second with millisecond latency, at a fraction of the cost of other databases. Global leaders, including Adobe, Airtel, Barclays, Criteo, DBS Bank, Experian, Grab, HDFC Bank, PayPal, Sony Interactive Entertainment, The Trade Desk, and Wayfair, rely on Aerospike for customer 360, fraud detection, real-time bidding, profile stores, recommendation engines, and other use cases. Try Aerospike for free.

    Contact:
    Bryan Scanlon
    Look Left Marketing
    aerospike@lookleftmarketing.com

    The MIL Network

  • MIL-OSI: Strategic Prediction Highlights Starlink’s Role in America’s Next Communications Breakthrough

    Source: GlobeNewswire (MIL-OSI)

    Austin, TX, July 23, 2025 (GLOBE NEWSWIRE) — new strategic brief from tech entrepreneur and author James Altucher is circulating among media and technology circles, calling attention to what he describes as a “massive shift in global communication power” led by Elon Musk’s satellite internet venture, Starlink.

    Altucher’s brief lays out a chain of evidence connecting a closed-door Musk meeting, and what he believes could be a defining date in the company’s history: August 13, 2025.

    A Private Network Outside Government Reach

    According to Altucher, the public continues to underestimate the true purpose of Starlink.

    Altucher argues that Starlink is no longer just about connecting rural homes—it may soon become the world’s most powerful independent communication system, able to operate above political restrictions, military conflicts, and traditional gatekeepers.

    Inside the Meeting That Started It All

    Altucher says his prediction was inspired by information from a source who was present at a private meeting involving Elon Musk and several industry insiders.

    Altucher believes it played a crucial role in accelerating Starlink’s public-facing timeline—leading toward a major milestone he believes may land on August 13.

    The Urgency of August 13

    Altucher emphasizes that the timeline is moving fast. He singles out August 13, 2025, as a moment the public should not ignore.

    About James Altucher

    James Altucher is a bestselling author, tech founder, and media personality with over two decades of experience at the intersection of technology and finance. He has launched more than 20 companies and published over 25 books, including Choose Yourself and Skip the Line. Altucher has written for The Wall Street Journal, Forbes, and TechCrunch, and he regularly appears on CNBC, Fox Business, and other top platforms. His work focuses on helping people understand major technological shifts before they go mainstream.

    The MIL Network

  • MIL-OSI: Strategic Prediction Highlights Starlink’s Role in America’s Next Communications Breakthrough

    Source: GlobeNewswire (MIL-OSI)

    Austin, TX, July 23, 2025 (GLOBE NEWSWIRE) — new strategic brief from tech entrepreneur and author James Altucher is circulating among media and technology circles, calling attention to what he describes as a “massive shift in global communication power” led by Elon Musk’s satellite internet venture, Starlink.

    Altucher’s brief lays out a chain of evidence connecting a closed-door Musk meeting, and what he believes could be a defining date in the company’s history: August 13, 2025.

    A Private Network Outside Government Reach

    According to Altucher, the public continues to underestimate the true purpose of Starlink.

    Altucher argues that Starlink is no longer just about connecting rural homes—it may soon become the world’s most powerful independent communication system, able to operate above political restrictions, military conflicts, and traditional gatekeepers.

    Inside the Meeting That Started It All

    Altucher says his prediction was inspired by information from a source who was present at a private meeting involving Elon Musk and several industry insiders.

    Altucher believes it played a crucial role in accelerating Starlink’s public-facing timeline—leading toward a major milestone he believes may land on August 13.

    The Urgency of August 13

    Altucher emphasizes that the timeline is moving fast. He singles out August 13, 2025, as a moment the public should not ignore.

    About James Altucher

    James Altucher is a bestselling author, tech founder, and media personality with over two decades of experience at the intersection of technology and finance. He has launched more than 20 companies and published over 25 books, including Choose Yourself and Skip the Line. Altucher has written for The Wall Street Journal, Forbes, and TechCrunch, and he regularly appears on CNBC, Fox Business, and other top platforms. His work focuses on helping people understand major technological shifts before they go mainstream.

    The MIL Network

  • MIL-OSI China: Announcement on Open Market Operations No.140 [2025]

    Source: Peoples Bank of China

    Announcement on Open Market Operations No.140 [2025]

    (Open Market Operations Office, July 23, 2025)

    The People’s Bank of China conducted reverse repo operations in the amount of RMB150.5 billion through quantity bidding at a fixed interest rate on July 23, 2025.

    Details of the Reverse Repo Operations

    Maturity

    Rate

    Bidding Volume

    Winning Bid Volume

    7 days

    1.40%

    RMB150.5 billion

    RMB150.5 billion

    Date of last update Nov. 29 2018

    2025年07月23日

    MIL OSI China News

  • MIL-OSI United Kingdom: UK and Türkiye agree big step towards multi-billion-pound export of Typhoon fighter jets

    Source: United Kingdom – Executive Government & Departments

    Press release

    UK and Türkiye agree big step towards multi-billion-pound export of Typhoon fighter jets

    A multi-billion-pound export deal of Typhoon fighter jets to Türkiye – which could secure thousands of skilled UK jobs – is a significant step closer today, following the signing of an agreement that will also strengthen the UK-Türkiye partnership.

    • Defence Ministers of UK and Türkiye sign agreement in Istanbul, a major step towards the export of Typhoon fighter jets to Türkiye.

    • Agreement strengthens NATO’s collective deterrence and builds on years of defence cooperation and growing industrial ties between UK and Türkiye.

    • 20,000 UK jobs are supported by Typhoon programme, with exports set to secure thousands of UK production line jobs, delivering on the Government’s Plan for Change.  

    Defence Secretary John Healey and Defence Minister Yaşar Güler signed the Memorandum of Understanding at the International Defence Industry Fair in Istanbul. Building on years of defence cooperation, they agreed that a future Typhoon exports deal would strengthen Türkiye’s advanced combat capabilities and help sustain the 20,000 UK jobs involved in the Typhoon programme here at home.

    Negotiations on the potential deal with Türkiye will now continue over the coming weeks. It would be the first export order the UK has secured for Typhoon since 2017.

    By securing thousands of jobs on UK production lines, the Government will be delivering on our Plan for Change by driving defence as an engine for economic growth.

    Prime Minister Keir Starmer said:

    The UK’s production of Typhoon fighter jets is an engine for economic growth – supporting the lives and livelihoods of thousands of British people right across the UK. 

    Signing a multi-billion export deal with Türkiye will sustain and protect 20,000 UK jobs for future years to come – which is why my government is so dedicated to securing it. It will bolster our vital defence industry, deliver on our Plan for Change and keep us and our allies safer during these uncertain times.

    Defence Secretary John Healey MP said:

    Today’s agreement is a big step towards Türkiye buying UK Typhoon fighter jets. It shows this government’s determination to secure new defence deals, building on our relationships abroad to deliver for British working people.

    Equipping Türkiye with Typhoons would strengthen NATO’s collective defence, and boost both our countries’ industrial bases by securing thousands of skilled jobs across the UK for years to come.

    Last month’s Strategic Defence Review stressed the importance of exports, and now with our new defence exports office, we are developing defence’s role as an engine for economic growth as a foundation of the government’s Plan for Change.” 

    It comes as the Defence Secretary John Healey makes the drive for new defence export deals a high priority.

    The Ministry of Defence is preparing to take on responsibility for defence exports from 31st July, in a significant step of delivery for the Strategic Defence Review. The defence exports team will back British businesses on the global stage, drive potential exports and seek to enhance economic growth.

    The latest statistics show UK defence exports were valued at £14.5 billion in just a 12-month period. Following the SDR’s direction, it moves responsibility for defence exports from the Department for Business and Trade, making the MOD the lead for securing deals for military equipment with our allies.

    The Typhoon workshare agreement would see more than a third (37%) of each aircraft manufactured in the UK; the rest of each aircraft would be produced by the Eurofighter Partner Nations. Final production at BAE Systems’ Warton site would include radars from Edinburgh and engines from Bristol, helping secure thousands of UK jobs.

    Charles Woodburn, Chief Executive, BAE Systems said:

    This Memorandum of Understanding between the Governments of Türkiye and the UK underscores the importance of their long-standing defence co-operation through NATO and the critical role Typhoon plays in security and defence in Europe and the Middle East.

    The UK also continues to invest in its own world-class Typhoon fleet, which will remain the backbone of the UK’s air defence until at least the 2040s. The RAF’s existing Typhoons are being upgraded over the next 15 years, supporting skilled jobs across the UK.

    Updates to this page

    Published 23 July 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: World sprint champion sentenced after using Covid loans to help buy £1.3 million home

    Source: United Kingdom – Government Statements

    Press release

    World sprint champion sentenced after using Covid loans to help buy £1.3 million home

    Athlete sentenced for Bounce Back Loan fraud

    • British Masters athlete Rick Beardsell obtained two maximum-value Bounce Back Loans for his sportswear manufacturing business and used most of the funds to help buy a £1.3 million home in a Cheshire village
    • Money spent on purchasing the five-bedroom house should have been used to benefit his Sports Creative Limited business
    • Beardsell also broke the rules of the scheme by substantially inflating his company’s turnover and securing two loans when businesses should only have received one
    • The 46-year-old has now repaid the £100,000 he fraudulently applied for in full

    A world sprint champion has been sentenced after he spent Covid loan funds to help buy a £1.3 million house.

    Rick Beardsell secured two £50,000 Bounce Back Loans for his Sports Creative Limited company in 2020 and 2021 when businesses were only allowed a single loan.

    The 46-year-old then moved the Bounce Back Loan funds into his personal bank account, using part of the money to help buy a five-bedroom property on Macclesfield Road in Prestbury, while also transferring cash to family members and making mortgage payments.

    Beardsell, who has won multiple sprint titles and holds world records representing Great Britain as a masters athlete, was sentenced to 18 months in prison, suspended for two years, when he appeared at Chester Crown Court on Tuesday 22 July.

    He was also ordered to complete 250 hours of unpaid work and pay costs of £11,152.

    Beardsell repaid the £100,000 in full earlier this year after his guilty plea but before sentencing.

    David Snasdell, Chief Investigator at the Insolvency Service, said:

    Rick Beardsell exploited a Covid support scheme designed for struggling businesses, fraudulently obtaining loans he was not entitled to.

    While legitimate business owners fought to stay afloat during the pandemic, Beardsell bought a £1.3 million home with the help of money that should have been supporting his company through difficult times.

    This case sends a clear message that we will not tolerate those who viewed government support schemes as an opportunity for personal enrichment during a national emergency.

    Sports Creative Limited was set up in January 2009 with Beardsell as its sole director. The company described itself on social media as “a bespoke sportswear manufacturer”.

    Beardsell applied to the bank for his first £50,000 Bounce Back Loan just before Christmas 2020.

    In the application, he claimed that Sports Creative Limited had a turnover of £485,000.

    Just two weeks later, in early January 2021, Beardsell applied to a second bank for another £50,000 Bounce Back Loan, this time stating that his company had an estimated turnover of £320,000.

    Insolvency Service analysis of Sports Creative Limited’s bank account revealed that its turnover was just over £90,000, meaning he exaggerated his company’s revenue on both occasions.

    Beardsell claimed that he had received a purchase order of $600,000 (approximately £440,000) for personal protective equipment during the pandemic which ultimately failed to materialise.

    Even if this were the case, businesses were required to provide their turnover for 2019, prior to the start of Covid.

    Investigations also found Beardsell transferred £83,900 of the £100,000 loan money to his personal bank account in three separate transactions at the start of March 2021.

    A total of £431,160 from that account was paid to solicitors for the purchase of a house on Macclesfield Road in September 2021.

    Beardsell also made fraudulent transfers of £5,000 to his wife, £10,000 to another family member, and two mortgage payments for his previous house in Manchester which put the funds beyond the reach of creditors.

    In a prepared statement, Beardsell claimed that he had sought “professional advice” that Bounce Back Loan funds could be used for “any purpose” that resulted in a direct benefit to the company. He added that he was advised that this could include investments in company assets or property.

    Beardsell also said that HMRC told him that he was eligible to receive the funds from the second loan, advice which would not have been given had he been honest about his successful application for an earlier Bounce Back Loan.

    Sports Creative Limited entered liquidation in December 2021.

    Further information

    Updates to this page

    Published 23 July 2025

    MIL OSI United Kingdom

  • MIL-OSI Russia: Over the past five years, the Russpass service has been used more than 63 million times

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    An important disclaimer is at the bottom of this article.

    In six months totourist service Russpass was accessed about 26 million times – almost three times more than in the same period of 2024. This was reported by Natalia Sergunina, Deputy Mayor of Moscow. The project has been running since July 20, 2020 and was created on the initiative of the Moscow Government. Today, it has collected about 57 thousand offers for travel around Russia, over a third of which relate to the capital.

    On the platform you can find themed excursions and signature routes, buy tickets for a plane or other types of transport, as well as for major events or museums, book accommodation, and create a cultural and educational program for your trip.

    “Over the past five years, Russpass has been used more than 63 million times. Since its launch, it has combined dozens of useful services — from a convenient travel planner to personalized selections based on artificial intelligence,” noted Natalia Sergunina.

    About 22 thousand people have already received individual recommendations from the neural network on choosing hotels, museums, attractions and cultural venues.

    The project presents over one thousand ready-made routes. They are dedicated to architecture, history, literature and other areas. For those who want to create their own route, there is a special service that will create a trip scenario for each day and tell you how to book tickets.

    For entrepreneurs, there is a portal called “Russpass. Business”, where over 3.4 thousand tourism companies have already registered. For them, the platform has published a list of federal and city support measures, as well as a job exchange, a list of industry events, and a “Knowledge Base” section with materials about the capital’s hospitality industry.

    You can find travel ideas, thematic selections and interviews with industry experts in the online publication “Russpass-magazine”. It already contains about four thousand articles.

    Ruspass oversees the capital Tourism Committee together with the city Department of Information TechnologyThe service’s digital infrastructure formed the basis of the national portal “Travel.RF”.

    Get the latest news quicklyofficial telegram channel the city of Moscow.

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • MIL-OSI Russia: A large school will appear near the Olkhovaya metro station

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    An important disclaimer is at the bottom of this article.

    A school for 1.2 thousand students will be built in Kommunarka. The construction project has already received a positive expert opinion, said the Deputy Mayor of Moscow for Urban Development Policy and Construction Vladimir Efimov.

    “A school for 1.2 thousand students will be built on a 2.6 hectare plot of land free from development. The new educational facility will appear next to the Olkhovaya metro station. It will be a building of variable height – from three to four floors. The school will be built within the framework of the Targeted Investment Program,” said Vladimir Efimov.

    The educational institution will be located within the boundaries of Projected Driveways No. 7183 and 7184. It will include an elementary, middle and high school.

    “The project involves dividing the building into two blocks. The first will house classrooms for the primary school, and the second – for the primary and senior schools. Separate entrances will be organized for children of different age groups. At the same time, students in both blocks will have access to common areas: a dining room, gyms, and event halls,” clarified the Chairman of the Moscow City Committee for Pricing Policy in Construction and State Expertise of Projects

    Ivan Shcherbakov.

    The primary school block will be equipped with universal and specialized classrooms, a laboratory and research complex, and administrative premises. In addition to universal classrooms, the basic and senior schools will have specialized classrooms, as well as laboratory and research complexes, a medical block, and a food block. The school will be adapted for children with disabilities.

    Earlier, Sergei Sobyanin spoke about the completion of construction of a school inKommunarka.

    The construction of social facilities in Moscow corresponds to the goals and initiatives of the national project “Infrastructure for life”.

    Get the latest news quicklyofficial telegram channel the city of Moscow.

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • Heavy rain lashes Telangana, disrupts normal life

    Source: Government of India

    Source: Government of India (4)

    Heavy rain lashed several parts of Telangana, inundating low-lying areas, cutting off villages and disrupting normal life.

    North Telangana districts have been receiving copious rain since Tuesday night.

    Rivulets, lakes and ponds were overflowing in agency areas of Mulugu district, which recorded the highest rainfall of 25.5 cm during the last 24 hours.

    Villages in Venkatapuram mandal of Mulugu district were marooned. With their houses completely inundated, villagers spent a sleepless night. Venkatapuram-Bhadrachalam main road was submerged, bringing the vehicular traffic to a complete halt.

    Eturanagam mandal in Mulugu district recorded 18.4 cm rainfall while Mangapet received 15.8 cm.

    United Karimnagar district has been receiving heavy rain since early Wednesday morning. Some colonies in Karimnagar town were inundated. Flood water entered houses and shops in parts of the town.

    Heavy rain affected coal production in the mines of state-owned Singareni Collieries Company Limited (SCCL).

    Coal production was disrupted in four open-cast mines in Peddapalli district. About 40,000 tonnes of coal are produced in these mines every day.

    Flood water entered the open-cast mine at Yellandu in Bhadradri Kothagudem district. The employees deployed motors to pump out water.

    Production of 3,500 tonnes of coal came to a halt due to flooding.

    Heavy rain was also lashing Warangal, Jangaon, Mahabubabad and Khammam districts.

    The India Meteorological Department (IMD) has forecast heavy to very heavy rain in north and Central Telangana districts on Wednesday.

    Heavy to very heavy rain is likely in Adilabad, Komaram Bheem Asifabad, Mancherial, Jayashankar Bhupalapally, Mulugu and Bhadradri Kothagudem districts. The IMD has issued an orange alert for these districts.

    Heavy rain has been forecast for Nirmal, Nizamabad, Jagtial, Rajanna Sircilla, Karimnagar, Peddapalli, Hanamkonda, Warangal, Jangaon, Mahabubabad, Khammam, Vikarabad and Mahabubnagar districts. These districts have been issued a yellow alert.

    The IMD has forecast light to moderate rain in Hyderabad and remaining districts.

    Cyberabad Police have advised IT companies to consider following Work from Home mode on Wednesday in view of rain alert.

    “An alert has been issued for heavy rain in the Cyberabad area, considering the safety, productivity, traffic congestion and to ensure uninterrupted emergency services. Companies may consider following Work from Home (WFH) mode on 23- 07- 2025 – Wednesday,” read an advisory issued by the Cyberabad Police.

    (IANS)

  • Heavy rain lashes Telangana, disrupts normal life

    Source: Government of India

    Source: Government of India (4)

    Heavy rain lashed several parts of Telangana, inundating low-lying areas, cutting off villages and disrupting normal life.

    North Telangana districts have been receiving copious rain since Tuesday night.

    Rivulets, lakes and ponds were overflowing in agency areas of Mulugu district, which recorded the highest rainfall of 25.5 cm during the last 24 hours.

    Villages in Venkatapuram mandal of Mulugu district were marooned. With their houses completely inundated, villagers spent a sleepless night. Venkatapuram-Bhadrachalam main road was submerged, bringing the vehicular traffic to a complete halt.

    Eturanagam mandal in Mulugu district recorded 18.4 cm rainfall while Mangapet received 15.8 cm.

    United Karimnagar district has been receiving heavy rain since early Wednesday morning. Some colonies in Karimnagar town were inundated. Flood water entered houses and shops in parts of the town.

    Heavy rain affected coal production in the mines of state-owned Singareni Collieries Company Limited (SCCL).

    Coal production was disrupted in four open-cast mines in Peddapalli district. About 40,000 tonnes of coal are produced in these mines every day.

    Flood water entered the open-cast mine at Yellandu in Bhadradri Kothagudem district. The employees deployed motors to pump out water.

    Production of 3,500 tonnes of coal came to a halt due to flooding.

    Heavy rain was also lashing Warangal, Jangaon, Mahabubabad and Khammam districts.

    The India Meteorological Department (IMD) has forecast heavy to very heavy rain in north and Central Telangana districts on Wednesday.

    Heavy to very heavy rain is likely in Adilabad, Komaram Bheem Asifabad, Mancherial, Jayashankar Bhupalapally, Mulugu and Bhadradri Kothagudem districts. The IMD has issued an orange alert for these districts.

    Heavy rain has been forecast for Nirmal, Nizamabad, Jagtial, Rajanna Sircilla, Karimnagar, Peddapalli, Hanamkonda, Warangal, Jangaon, Mahabubabad, Khammam, Vikarabad and Mahabubnagar districts. These districts have been issued a yellow alert.

    The IMD has forecast light to moderate rain in Hyderabad and remaining districts.

    Cyberabad Police have advised IT companies to consider following Work from Home mode on Wednesday in view of rain alert.

    “An alert has been issued for heavy rain in the Cyberabad area, considering the safety, productivity, traffic congestion and to ensure uninterrupted emergency services. Companies may consider following Work from Home (WFH) mode on 23- 07- 2025 – Wednesday,” read an advisory issued by the Cyberabad Police.

    (IANS)

  • MIL-OSI Banking: Result of the 2-day Variable Rate Repo (VRR) auction held on July 23, 2025

    Source: Reserve Bank of India

    Tenor 2-day
    Notified Amount (in ₹ crore) 50,000
    Total amount of bids received (in ₹ crore) 71,902
    Amount allotted (in ₹ crore) 50,001
    Cut off Rate (%) 5.53
    Weighted Average Rate (%) 5.58
    Partial Allotment Percentage of bids received at cut off rate (%) 51.89

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2025-2026/768

    MIL OSI Global Banks

  • MIL-OSI Banking: Result of the 2-day Variable Rate Repo (VRR) auction held on July 23, 2025

    Source: Reserve Bank of India

    Tenor 2-day
    Notified Amount (in ₹ crore) 50,000
    Total amount of bids received (in ₹ crore) 71,902
    Amount allotted (in ₹ crore) 50,001
    Cut off Rate (%) 5.53
    Weighted Average Rate (%) 5.58
    Partial Allotment Percentage of bids received at cut off rate (%) 51.89

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2025-2026/768

    MIL OSI Global Banks

  • MIL-OSI Europe: ​The EBA publishes Report on direct provision of banking services from third countries

    Source: European Banking Authority

    ​The European Banking Authority (EBA) today published a Report on the direct provision of banking services from third countries.  The quantitative and qualitative analysis performed didn’t provide evidence to recommend the amendment of the new Article 21c of the Capital Requirement Directive (CRD) which identifies how core banking services should be provided in a Member State. However, the EBA suggests a clarification of the interaction between Article 21c of the CRD and other sectorial legislations could be beneficial to authorities and market participants. 

    ​The EBA considers that several factors make it difficult to measure the impact of the prohibition of direct provision of services from third countries set out in Article 21c CRD. At the same time, Article 21c of the CRD provides flexibility to EU financial sector entities that remain free to solicit core banking services from third country undertakings or may rely on services provided by third country branches or subsidiaries in the EU. 

    ​However, the EBA notes that Article 21c CRD does not expressly address the interaction with the Undertakings for the Collective Investment in Transferable Securities (UCITS) and the Alternative Investment Fund Managers Directive (AIFMD), in particular those provisions entitling EU financial sector entities to receive core banking services for their ongoing operationality in third countries in accordance with their business model. The EBA suggests that additional clarification could also be provided via the EBA Q&A tool. ​ 

    Legal basis and background  

    Article 21c CRD aims to regulate when a third country branch needs to be established for the provision of core banking services in a relevant Member State. Article 21c CRD also provides exemptions and carve outs, embedding some flexibility in the articulation of such requirement. Notably, the establishment of a third-country branch is not required in case of interbank or intragroup transactions, or where the core banking services are provided via reverse solicitation. Additionally, Article 21c provides for a Markets in Financial Instruments Directive (MiFID) carve out, which excludes its application where investment services under MiFID and related ancillary services are provided. Lastly, to facilitate the transition to the new regime, a contract grandfathering is envisaged.  

    The EBA has been mandated by article 21c(6) CRD to develop a Report to assess whether it is appropriate to extend the possibility for third country undertakings to provide core banking services directly from third countries – i.e. without a branch in the Union – not only to EU credit institutions, but to any EU financial sector entity, having regard to financial stability and EU competitiveness considerations. For this purpose, the EBA has to consult the European Securities and Markets Authority (ESMA) and the European Insurance and Occupational Pensions Authority (EIOPA).  

    MIL OSI Europe News

  • World Court is poised to mark the future course of climate litigation

    Source: Government of India

    Source: Government of India (4)

    The United Nations’ highest court will deliver an opinion on Wednesday that is likely to determine the course of future climate action across the world.

    Known as an advisory opinion, the deliberation of the 15 judges of the International Court of Justice (ICJ) in The Hague is legally non-binding. It nevertheless carries legal and political weight and future climate cases would be unable to ignore it, legal experts say.

    “The advisory opinion is probably the most consequential in the history of the court because it clarifies international law obligations to avoid catastrophic harm that would imperil the survival of humankind,” said Payam Akhavan, an international law professor.

    In two weeks of hearings last December at the ICJ, also known as the World Court, Akhavan represented low-lying, small island states that face an existential threat from rising sea levels.

    In all, over a hundred states and international organisations gave their views on the two questions the U.N. General Assembly had asked the judges to consider.

    They were: what are countries’ obligations under international law to protect the climate from greenhouse gas emissions; and what are the legal consequences for countries that harm the climate system?

    Wealthy countries of the Global North told the judges that existing climate treaties, including the 2015 Paris Agreement, which are largely non-binding, should be the basis for deciding their responsibilities.

    Developing nations and small island states argued for stronger measures, in some cases legally binding, to curb emissions and for the biggest emitters of climate-warming greenhouse gases to provide financial aid.

    PARIS AGREEMENT AND AN UPSURGE IN LITIGATION

    In 2015, at the conclusion of U.N. talks in Paris, more than 190 countries committed to pursue efforts to limit global warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit).

    The agreement has failed to curb the growth of global greenhouse gas emissions.

    Late last year, in the most recent “Emissions Gap Report,” which takes stock of countries’ promises to tackle climate change compared with what is needed, the U.N said that current climate policies will result in global warming of more than 3 C (5.4 F) above pre-industrial levels by 2100.

    As campaigners seek to hold companies and governments to account, climate‑related litigation has intensified, with nearly 3,000 cases filed across almost 60 countries, according to June figures from London’s Grantham Research Institute on Climate Change and the Environment.

    So far, the results have been mixed.

    A German court in May threw out a case between a Peruvian farmer and German energy giant RWE RWEG.DE, but his lawyers and environmentalists said the case, which dragged on for a decade, was a still victory for climate cases that could spur similar lawsuits.

    Earlier this month, the Inter-American Court of Human Rights, which holds jurisdiction over 20 Latin American and Caribbean countries, said in another advisory opinion its members must cooperate to tackle climate change.

    Campaigners say Wednesday’s court opinion should be a turning point and that, even if the ruling itself is advisory, it should provide for the determination that U.N. member states have broken the international law they have signed up to uphold.

    “The court can affirm that climate inaction, especially by major emitters, is not merely a policy failure but a breach of international law,” said Fijian Vishal Prasad, one of the law students that lobbied the government of Vanuatu in the South Pacific Ocean to bring the case to the ICJ.

    Although it is theoretically possible to ignore an ICJ ruling, lawyers say countries are typically reluctant to do so.

    “This opinion is applying binding international law, which countries have already committed to. National and regional courts will be looking to this opinion as a persuasive authority and this will inform judgments with binding consequences under their own legal systems,” Joie Chowdhury, senior attorney at the Center for International Environmental Law, said.

    The court will start reading out its opinion at 3 p.m. (1300 GMT).

    (Reuters)

  • Microsoft knew of SharePoint security flaw but failed to effectively patch it, timeline shows

    Source: Government of India

    Source: Government of India (4)

    A security patch Microsoft released this month failed to fully fix a critical flaw in the U.S. tech giant’s SharePoint server software, opening the door to a sweeping global cyber espionage effort, a timeline reviewed by Reuters shows.

    On Tuesday, a Microsoft spokesperson confirmed that its initial solution to the flaw, identified at a hacker competition in May, did not work, but added that it released further patches that resolved the issue.

    It remains unclear who is behind the spy effort, which targeted about 100 organisations over the weekend, and is expected to spread as other hackers join the fray.

    In a blog post Microsoft said two allegedly Chinese hacking groups, dubbed “Linen Typhoon” and “Violet Typhoon,” were exploiting the weaknesses, along with a third, also based in China.

    Microsoft and Alphabet’s Google have said China-linked hackers were probably behind the first wave of hacks.

    Chinese government-linked operatives are regularly implicated in cyberattacks, but Beijing routinely denies such hacking operations.

    In an emailed statement, its embassy in Washington said China opposed all forms of cyberattacks, and “smearing others without solid evidence.”

    The vulnerability opening the way for the attack was first identified in May at a Berlin hacking competition organised by cybersecurity firm Trend Micro that offered cash bounties for finding computer bugs in popular software.

    It offered a $100,000 prize for so-called “zero-day” exploits that leverage previously undisclosed digital weaknesses that could be used against SharePoint, Microsoft’s flagship document management and collaboration platform.

    The U.S. National Nuclear Security Administration, charged with maintaining and designing the nation’s cache of nuclear weapons, was among the agencies breached, Bloomberg News said on Tuesday, citing a person with knowledge of the matter.

    No sensitive or classified information is known to have been compromised, it added.

    The U.S. Energy Department, the U.S. Cybersecurity and Infrastructure Security Agency, and Microsoft did not immediately respond to Reuters’ requests for comment on the report.

    A researcher for the cybersecurity arm of Viettel, a telecoms firm run by Vietnam’s military, identified a SharePoint bug at the May event, dubbed it “ToolShell” and demonstrated a way to exploit it.

    The discovery won the researcher an award of $100,000, an X posting by Trend Micro’s “Zero Day Initiative” showed.

    Participating vendors were responsible for patching and disclosing security flaws in “an effective and timely manner,” Trend Micro said in a statement.

    “Patches will occasionally fail,” it added. “This has happened with SharePoint in the past.”

    In a July 8 security update Microsoft said it had identified the bug, listed it as a critical vulnerability, and released patches to fix it.

    About 10 days later, however, cybersecurity firms started to notice an influx of malicious online activity targeting the same software the bug sought to exploit: SharePoint servers.

    “Threat actors subsequently developed exploits that appear to bypass these patches,” British cybersecurity firm Sophos said in a blog post on Monday.

    The pool of potential ToolShell targets remains vast.

    Hackers could theoretically have already compromised more than 8,000 servers online, data from search engine Shodan, which helps identify internet-linked equipment, shows.

    Such servers were in networks ranging from auditors, banks, healthcare companies and major industrial firms to U.S. state-level and international government bodies.

    The Shadowserver Foundation, which scans the internet for potential digital vulnerabilities, put the number at a little more than 9,000, cautioning that the figure is a minimum.

    It said most of those affected were in the United States and Germany.

    Germany’s federal office for information security, BSI, said on Tuesday it had found no compromised SharePoint servers in government networks, despite some being vulnerable to the ToolShell attack.

    (Reuters)