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Category: Business

  • MIL-OSI Europe: Written question – Adoption of Decree-Law No 48 of 11 April 2025 laying down provisions prohibiting production and marketing of industrial hemp and hemp products in Italy – E-001571/2025

    Source: European Parliament

    Question for written answer  E-001571/2025
    to the Commission
    Rule 144
    Dario Nardella (S&D), Camilla Laureti (S&D), Stefano Bonaccini (S&D), Alessandra Moretti (S&D), Giorgio Gori (S&D), Giuseppe Lupo (S&D), Pina Picierno (S&D), Sandro Ruotolo (S&D), Brando Benifei (S&D), Pierfrancesco Maran (S&D), Cecilia Strada (S&D), Annalisa Corrado (S&D), Cristina Guarda (Verts/ALE), Valentina Palmisano (The Left)

    On 12 April 2025, Decree-Law No 48[1] came into force, which brought forward and immediately applied the rule originally laid down in in Article 18 of the Safety Decree, which prohibits the production and marketing of industrial hemp inflorescences and derivatives. The measure extends the system of penalties established for narcotics to operators in the industrial hemp sector, resulting in criminal penalties also being applied for activities governed by and in compliance with EU law, which, by means of Regulation (EU) No 1307/2013 and Regulation (EU) No 1308/2013, authorises the cultivation of certified varieties of Cannabis sativa L with a THC content no higher than 0.3 %.

    The rule hits a sector that, in Italy, comprises more than 3 000 companies, employs up to 30 000 people and is geared overwhelmingly towards exports.

    In the light of the adoption of those measures, can the Commission answer the following questions:

    • 1.Does it consider a measure of that kind, which criminalises the marketing of crop products authorised at EU level, to be compatible with EU law?
    • 2.Does it not agree that measures of that kind not notified by means of the TRIS procedure could constitute an unjustified barrier to the free movement of goods within the internal market?
    • 3.Will it take measures to protect economic operators who are subject to criminal sanctions at national level, despite their compliance with EU legislation? If so, what form will they take?

    Submitted: 17.4.2025

    • [1] https://www.gazzettaufficiale.it/eli/id/2025/04/11/25G00060/SG.
    Last updated: 29 April 2025

    MIL OSI Europe News –

    April 29, 2025
  • MIL-OSI Europe: Eucharistic Celebration on the third day of the Novendiali

    Source: The Holy See

    At 17.00 this afternoon, in the Vatican Basilica, the Eucharistic Celebration was held in memory of the Roman Pontiff Francis, on the third day of the Novendiali.
    The Church of Rome was specially invited to the Celebration.
    The Concelebration was presided over by His Eminence Cardinal Baldassare Reina, vicar general of His Holiness for the diocese of Rome.
    The following is the homily delivered by Cardinal Baldassare Reina during the Holy Mass:

    Homily of His Eminence Cardinal Baldassare Reina
    My meagre voice is here today to express the prayer and suffering of a part of the Church, that of Rome, encumbered with the responsibility that history has assigned to it.
    In these days, Rome is a people that mourns its bishop, a people together with other peoples who have waited in line, finding a space among the places of the city in order to weep and pray, like sheep without a shepherd.
    Sheep without a shepherd: a metaphor that allows us to recompose the sentiments of these days, and to enter in depth into the image we have received from the Gospel of John, the ear of grain that must die in order to bear fruit. A parable that tells of a shepherd’s love for his flock.
    In this time, as the world burns, and few have the courage to proclaim the Gospel translating it into a vision of a possible and real future, humankind appears like sheep without a shepherd. This image comes from the lips of Jesus, resting His eyes on the crowd who followed Him.
    Around Him there are the apostles who tell Him about everything they have done and taught. The words, the gestures, the actions learned from the Master, the proclamation of the kingdom of the coming God, the need for a change of life, joined with signs capable of giving flesh to the words: a touch, an outstretched hand, disarmed conversation, without judgment, liberating, without fear of contact with impurity. In carrying out this service, necessary to reawaken faith, to rekindle the hope that the evil present in the world would not have the last word, that life is stronger than death, they have not even had the time to eat.
    Jesus felt the burden, and this comforts us now.
    Jesus, the true shepherd of the history that needs His salvation, knows the burden that weighs upon each one of us in continuing His mission, especially when we will have to choose the first of His shepherds on earth.
    As in the time of the first disciples, there are achievements and also failures, weariness and fear. The significance is immense, and temptations creep in that obscure the only thing that counts: to wish, to seek, to work in the expectation of “a new heaven and a new earth”.
    And this cannot be the time for manoeuvres, tactics, caution, the time that follows the instinct to turn back, or worse, retaliation and alliances of power; what is needed is a radical willingness to enter into God’s dream, entrusted to our poor hands.
    I am struck at this time by what we are told in Revelation: “I, John, saw the holy city, a new Jerusalem, coming down out of heaven from God, prepared as a bride adorned for her husband”.
    A new heaven, a new earth, a new Jerusalem.
    Faced with the proclamation of this newness, we cannot give in to that mental and spiritual indolence that binds us to the forms of experience of God and ecclesial practices known in the past, and which we would wish to be repeated ad infinitum, subjugated by the fear of the losses attached to the necessary changes.
    I think of the many processes for the reform of the life of the Church undertaken by Pope Francis, and which transcend religious affiliations. People recognized that he was a universal pastor, and the barque of Peter needs this wide navigation that transcends and surprises.
    These people carry disquiet in their hearts, and I seem to see a question in them: what will become of the processes that have been initiated?
    Our duty should be to discern and order what has been started, in the light of what our mission requires, in the direction of a new heaven and a new earth, adorning the Bride for her husband. Whereas we might seek to clothe the Bride according to worldly conveniences, guided by ideological pretensions that tear apart the unity of Christ’s garments.
    To seek a shepherd today means above all to seek a guide who knows how to manage the fear of losses faced with the needs of the Gospel.
    To seek a shepherd who has the gaze of Jesus, epiphany of God’s humanity in a world that has inhuman traits.
    To seek a shepherd who confirms that we must walk together, forming ministries and charisms; we are a people of God constituted to proclaim the Gospel.
    Jesus, looking at the people who follow Him, feels the stirring of compassion within Him: He sees women, men, children, old and young, poor and sick, and no-one who takes care of them, who can quell their hunger from the jaws of a life that has become hard, and hunger for the Word. Faced with those people, He feels He is their bread that does not disappoint, their water that quenches their endless thirst, the balsam that heals their wounds.
    He feels the same compassion that Moses felt at the end of his days when, from the summit of the mountain of Abarim, facing the land he will not be able to cross, looking at the multitude he has led, he prays to the Lord that the people will not be reduced to being a flock without a shepherd, a people he cannot keep with him, a people who must keep moving forward.
    That prayer is now our prayer, that of the entire Church and of all the women and men who ask to be guided and supported in the toil of life, amid doubts and contradictions, orphans of a word that guides amidst siren songs that flatter the instincts of self-redemption; that breaks solitude, gathers together the discarded, does not give in to arrogance, and has the courage not to bend the Gospel to the tragic compromises of fear, complicity with worldly mindsets, and alliances that are blind and deaf to the signs of the Holy Spirit.
    The compassion of Jesus is that of the prophets who manifest the suffering of God in seeing the people lost and abused by bad shepherds, by mercenaries who take advantage of the flock, and flee when the wolf comes. Bad shepherds care nothing for their sheep; they abandon them to their peril, and this is why they are captured and scattered.
    Whereas the good shepherd offers his life for his sheep.
    The page from the Gospel of John, proclaimed in this liturgy, speaks of this radical shepherd’s disposition, and presents us with the testimony of how Jesus is able to see beyond death, when the hour would come that would glorify His mission. The hour of death on the cross that manifested His unconditional love for all.
    “Unless a grain of wheat falls to the ground and dies, it remains just a grain of wheat”. The grain of wheat that has sought the ground with the incarnation of the Word, has fallen to raise those who fall, has come to seek those who are lost.
    His death is a planted seed that leaves us suspended at that time in which the seed can no longer be seen, enveloped by the earth that hides it, making us fear that it has been wasted. A pause that might distress us, but that can become a threshold of hope, a crack in the doubt, a light in the night, the garden of Easter.
    The promised fruitfulness belongs to the willingness to death; it becomes bitten wheat, hostage to the infidelity and ingratitude to which Jesus, the good shepherd who offers His life for His sheep, responds with the forgiveness requested from the Father, while He dies abandoned by His friends.
    The good shepherd sows with his own death, forgiving his enemies, preferring their salvation, the salvation of all, to his own.
    If we want to be faithful to the Lord, to the grain of wheat that has fallen on the ground, we must do so by sowing with our life.
    And how can we fail to recall the Psalm: “Those who sow in tears will reap with cries of joy”!
    There are times such as our own in which, like the farmer to whom the psalmist refers, sowing becomes an extreme act, moved by the radicality of an act of faith.
    It is a time of famine, the seed sown on the earth is taken from the last supply without which one dies. The farmer weeps because he knows that this last act is asking him to put his life at risk.
    But God does not abandon His people: He does not leave his shepherds alone, He will not allow, as with His Son, that He is abandoned in the tomb, in the grave of the earth.
    Our faith holds the promise of a joyful harvest, but one that must pass through the death of the seed that is our life.
    That extreme, total, gruelling gesture of the sower made me think back to Pope Francis’ Easter Day, to that unsparing pouring out of himself in blessing and embracing his people, the day before he died. The last act of his unsparing sowing of the proclamation of God’s mercies.
    Thank you, Pope Francis.
    May Mary, the holy Virgin whom we, in Rome, venerate as the Salus populi romani, who now accompanies and watches over his mortal remains, receive his soul and protect us in the continuation of his mission. Amen.

    MIL OSI Europe News –

    April 29, 2025
  • MIL-OSI: Bitget Becomes Gold Sponsor at Token2049 Dubai: CEO Gracy Chen to Share Vision for Crypto’s Next Chapter

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, April 29, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, is set to make a major impact at TOKEN2049 Dubai as a Gold Sponsor of this year’s landmark event. Taking place from 30 April to 1 May 2025, at Madinat Jumeirah Conference Centre, TOKEN2049 Dubai brings together the brightest minds and boldest innovators from across the global crypto and blockchain ecosystem. As the crypto community gathers in one of the most dynamic hubs for innovation, Bitget stands ready to spotlight its strategies that continue to shape the digital asset landscape.

    Day One of the conference will see Bitget CEO Gracy Chen deliver a keynote speech on the io.net Stage, from 3:00 to 3:15 PM GST. Titled,“Two Strategies Bitget Adopted to Thrive in a Volatile Market”, the sharing will explore how Bitget navigates and thrives amid global volatility, tapping into emerging opportunities while staying at the forefront of innovation. Gracy’s insights will highlight the strategies that enabled Bitget to deliver real-world impact in an unpredictable market landscape, setting a blueprint for sustainable success in the evolving crypto ecosystem.

    Further amplifying its presence, Bitget is setting the stage for an unforgettable evening with Cryptoverse Dream Night on May 30. In collaboration with 1inch and backed by Morph, this invite-only after-hours event will gather Web3 pioneers, blockchain leaders, and crypto giants for an immersive night of electrifying energy, premium experiences, and next-gen networking. From surprise performances to curated social moments, the event captures the bold spirit driving the future of the cryptoverse. Attendees stand a chance to be rewarded with Bitget Exclusives when they capture and share the most electrifying moments at the event.

    As discussions around decentralization, market access, and innovation take center stage, Bitget is expanding its role beyond that of a traditional exchange. Through its contributions both during the conference and at side events, Bitget aims to help shape new standards for how value is built in this digital economy. “Our goal is to help lay the groundwork for a more connected and resilient Web3 ecosystem,” said Gracy Chen, CEO of Bitget. “Success in this space requires more than technology — it demands collaboration and a shared vision for what the future should look like and there is no greater platform to have these conversations than at an event like TOKEN2049. With a powerful presence both on and off the main stage, Bitget’s participation at Token2049 Dubai reflects its broader strategy to support the ongoing evolution of Web3.”

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

    Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

    For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

    For media inquiries, please contact: media@bitget.com

    Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/dca116ce-6d79-4bfa-8ef8-9b1e72215f89

    The MIL Network –

    April 29, 2025
  • MIL-OSI: ESET B2B solutions now available on the Microsoft Azure Marketplace

    Source: GlobeNewswire (MIL-OSI)

    BRATISLAVA, Slovakia, April 29, 2025 (GLOBE NEWSWIRE) — ESET, a global leader in cybersecurity solutions, today announced the availability of ESET PROTECT solutions in the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure. ESET customers can now take advantage of the productive and trusted Azure cloud platform, with streamlined deployment and management. 

    In today’s world, where online stores are just a click away, customers expect a seamless and efficient purchasing experience. By leveraging the Microsoft Azure Marketplace, ESET’s customers can enjoy the convenience of acquiring all their software needs through a single, unified platform. This means a single invoice, one payment, and a comprehensive store that simplifies the procurement process. This approach not only meets the evolving expectations of modern customers but also strengthens and expands business relationships.

    The Microsoft Azure Marketplace prioritizes integrated solutions, streamlined procurement, and connected workflows, making it easier for ESET’s customers to access and manage their software solutions. This is why ESET is launching on a new online sales channel by offering its business products on the Azure Marketplace (starting in the US), one of the largest marketplace platforms for independent software vendors. With this expansion, ESET is now accessible to business customers who procure software through Azure Marketplace or Microsoft AppSource via their Microsoft Azure account.

    Customers discovering ESET PROTECT through the Azure Marketplace can achieve easier security satisfaction thanks to its core competency in offering multilayered security by means of ESET LiveSense. This technology is powered by a next-gen antivirus capable of protecting against ransomware, targeted, or fileless attacks. What’s more, with ESET’s new Ransomware Remediation feature, businesses can encrypt and back up files they deem most important to prevent manipulation by malware, for example.

    “Clients can expect ESET to remain flexible, helping them scale ESET’s security solutions in sync with their growing cloud environments, ensuring continuous protection without the need for reevaluation or reconfigurations. Likewise, with immediate access to updates through the product’s console, customers remain protected with the latest features and security patches. We believe that this integration will help expand everyone’s security potential,” said Pavol Balaj, Chief Business Officer at ESET.

    Interested parties can procure select ESET PROTECT (cloud-only) portfolio products for small and medium-sized businesses (SMBs), with all the respective modules and features those tiers contain, starting from its award-winning endpoint product, through server and mobile threat defense, to technology such as advanced threat defense.

    Visit the Microsoft Azure Marketplace to see all that it has on offer.

    To learn more about our B2B products, please visit the ESET PROTECT for business page.

    Interested in ESET integrations? Please visit our Integrations program page to learn more.

    About ESET

    ESET® provides cutting-edge digital security to prevent attacks before they happen. By combining the power of AI and human expertise, ESET stays ahead of emerging global cyberthreats, both known and unknown — securing businesses, critical infrastructure, and individuals. Whether it’s endpoint, cloud, or mobile protection, our AI-native, cloud-first solutions and services remain highly effective and easy to use. ESET technology includes robust detection and response, ultra-secure encryption, and multifactor authentication. With 24/7 real-time defense and strong local support, we keep users safe and businesses running without interruption. The ever-evolving digital landscape demands a progressive approach to security: ESET is committed to world-class research and powerful threat intelligence, backed by R&D centers and a strong global partner network. For more information, visit www.eset.com or follow our social media, podcasts, and blogs.

    The MIL Network –

    April 29, 2025
  • MIL-OSI: Open Invention Network Turns 20

    Source: GlobeNewswire (MIL-OSI)

    DURHAM, N.C., April 29, 2025 (GLOBE NEWSWIRE) — Open Invention Network (OIN), the only institution focused on mitigating patent risk in open source software, is marking its 20th year of protecting Linux and open source technologies from patent aggressors. Since its founding in 2005, Open Invention Network has expanded the scope of its patent risk mitigation coverage dramatically while also working to hinder attacks from patent aggressors, including patent assertion entities (PAE). The Open Invention Network community has experienced 42% annual growth since 2005, and now includes more than 4,000 participants – from emerging businesses to the largest multinational companies. Further, the number of patents and patent applications owned by OIN community members is currently over three million.

    The central feature of the OIN community is a patent cross-license that covers core open source functionality and expands in parallel with the growth of open source technology. As growth in open source has accelerated, OIN has proactively expanded the scope of the OIN license’s benefit by including more than 4,500 software components and platforms in its Linux System definition, which comprises the list of open source code and associated functionality in OIN’s patent cross-license. Looking forward, the Linux System can be expected to further incorporate artificial intelligence, security, automotive, energy and other important open source software technologies as they evolve.

    “Over the past 20 years, we have seen explosive growth in open source software used in key technologies – from the enterprise to mobile to cloud and now artificial intelligence. In every industry that develops, distributes, or uses software, open source is prevalent. The collaborative modality that is inherent in open source continues to drive higher levels of innovation than ever before,” said Keith Bergelt, CEO at Open Invention Network. “OIN’s community has embraced the notion of co-opetition and ushered in an emerging cultural norm which enables broad based participation by ensuring patent risk mitigation in key open source technologies, thereby facilitating open source adoption.”

    Separate from its cross license, OIN also safeguards open source by neutralizing patent threats through defensive activities such as third-party preissuance submissions, prior-art collection, invalidity analyses, and ex parte reexaminations. Through facilitating community programs and its own activities, OIN has furthered its mission to thwart patent aggression against organizations that use or develop open source.

    “Open source is at the heart of computing and is critical to how technology is shared, co-developed, and advanced. OIN’s twenty years of work have been essential in defending the open source ecosystem from patent aggressors and protecting the ability to work openly,” said Anne Bertucio, Head of Open Source Programs Office, Google.

    “Linux and Open Source software were still relatively nascent when IBM co-founded Open Invention Network (OIN) back in 2005. Today, Open Source is everywhere and proven to be a driver of innovation and growth,” said Frank Sedlarcik, IBM Vice President, Assistant General Counsel, Research and IP. “OIN has been encouraging and protecting open technology investment over the past two decades and stands as an example of intellectual property innovation.”

    “Open Invention Network has played a critical role in allowing the open source software community to flourish and grow. It has driven patent protection in core technologies, which has enabled companies to innovate and invest in technologies that differentiate their products higher in the software stack,” said Jim Zemlin, Executive Director of The Linux Foundation. “We look forward to continuing to work with OIN to protect the open source community from patent aggressors.”

    “Twenty years ago, when OIN was conceived, Linux and other open source software projects showed great potential for driving technological advancements rapidly,” said Fumio Imoto, Managing Director of Intellectual Property Management and Rule Making/Standardization Division at NEC. ”Today, the potential has realized, as the success of open source software development and adoption has elevated its importance in the tech landscape. We are proud to have supported the Open Invention Network in its efforts to provide a patent protection zone in open source software.”

    “We are proud to have been one of the original co-founders and funding members of the Open Invention Network 20 years ago, to protect the Linux System from patent attacks. OIN was a groundbreaking achievement in intellectual property management,” said Jako Eleveld, Head of IP Licensing and Vice-President at Philips. “By enabling businesses of all types and sizes to enjoy the freedom to share innovation at fundamental levels, with significantly reduced patent risk, we have seen unprecedented software innovation globally, better than we ever imagined.”

    “Open Invention Network plays a vital role in protecting the open source community from patent aggression. This has led to incredible innovations in areas like telecommunications, cloud computing and AI,” said Chris Wright, Chief Technology Officer at Red Hat. “Looking forward, we will continue working together with OIN and its community to ensure that open source remains the driving force behind future innovations.”

    “The way people work, communicate, and are entertained has completely shifted since OIN was created. Open source software is at the heart of nearly every application and platform in use today,” said Peter Toto, Senior Vice President, Intellectual Property Department at Sony. “Had patent aggression against open source been left unchecked, the business tools and entertainment platforms we have today would be much less robust. We look forward to OIN continuing its activities to protect and advance the open source community.”

    “We are ardent supporters of the open source community. At the formation of OIN, we viewed it to be of the utmost importance that we develop a network that protects open source from patent aggression,” said Andy McDonald, Chief Legal Officer at SUSE. “At SUSE we believe in openness and choice and have all benefited from Open Invention Network’s actions to hinder patent aggression in open source. We believe that this effort will become increasingly consequential as open source grows.”

    “Open source software has become powerful by sharing innovations within a large community. Open Invention Network has been instrumental in protecting this community,” said Yosuke Iida, General Manager of the Intellectual Property Division at Toyota.

    As a community, OIN members practice patent non-aggression in core Linux and adjacent open source technologies by cross-licensing Linux System patents to one another. The membership form and the OIN license agreement can be signed online at http://www.j-oin.net/.

    About Open Invention Network
    Open Invention Network (OIN) is the only institution focused on mitigating patent risk in open source software (OSS). OIN maintains the world’s largest and oldest patent cross license, which offers patent protection coverage defined by its Linux System definition. By safeguarding against patent threats, OIN has encouraged the adoption of OSS, the most significant driver of innovation in the 21st century. Funded by Google, IBM/Red Hat, NEC, Philips, Sony, SUSE, and Toyota, OIN has over 4,000 global members.

    For more information, visit http://www.openinventionnetwork.com.

    Media-Only Contact:
    Ed Schauweker
    AVID Public Relations for Open Invention Network
    ed@avidpr.com
    +1 (703) 963-5238

    The MIL Network –

    April 29, 2025
  • MIL-OSI: Aurora Mobile’s SendCloud Partners with DHgate to Power Seamless Customer Communication

    Source: GlobeNewswire (MIL-OSI)

    SHENZHEN, China, April 29, 2025 (GLOBE NEWSWIRE) — Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the “Company”), a leading provider of customer engagement and marketing technology services in China, today announced that its subsidiary Wuhan SendCloud Technology Co., Ltd. (“SendCloud”), a trusted email solution provider, has provided seamless customer communication for DHgate during its recent unprecedented surge in users in the U.S. market. This surge propelled DHgate to #2 on the U.S. App Store Free iPhone Apps Ranking, surpassing giants like Google and TurboTax, trailing only behind ChatGPT.

    Founded in 2004, DHgate is a leading Chinese cross-border B2B marketplace connecting global buyers, primarily SMBs and retailers, directly with Chinese manufacturers for small-batch wholesale, making it a crucial platform for global sourcing.

    DHgate’s recent surge in popularity in the U.S. further highlights its core value of effectively connecting Chinese factories and suppliers directly with international consumers. This connection provides global buyers with more convenient access to goods straight from the source.

    As DHgate experienced this massive influx of users, SendCloud, a professional and trusted expert in email services, played a critical role in maintaining seamless and stable customer communication. Leveraging SendCloud’s robust API integration, DHgate successfully managed the increased load by:

    • Maintaining over 90% email deliverability, consistently connecting with users worldwide.
    • Achieving a 99% inbox placement rate, significantly outperforming industry benchmarks.
    • Reaching a 40% email open rate, boosted by optimized sender certification and domain reputation.

    These achievements allowed DHgate to effectively nurture its expanding customer relationships, build loyalty, and drive sustainable growth within one of the world’s most dynamic markets.

    SendCloud Powers EngageLab’s Omnichannel Solutions: Driving Global Engagement

    Building upon the reliable email infrastructure provided by SendCloud, EngageLab further empowers businesses with an advanced customer engagement platform tailored for global e-commerce challenges:

    • Unmatched Deliverability: A 99.97% inbox placement rate through domain warm-up and BIMI certification, ensuring compliance with GDPR and DPPA.
    • Personalized Campaigns: Leveraging AI-driven marketing automation, businesses tailor emails to diverse client segments—from small retailers sourcing electronics to wholesalers procuring bulk fashion items.
    • Global Infrastructure: With 5 global nodes, EngageLab ensured low-latency communication, which is critical for global business operations.

    The Future of Cross-Border E-Commerce

    The increasing global traction of Chinese cross-border e-commerce underscores why seamless, AI-powered customer engagement is critical for success. EngageLab remains steadfast in its commitment to providing businesses the adaptive tools needed to conquer challenges in dynamic international markets.

    About EngageLab

    EngageLab is a world-leading AI-powered omnichannel customer engagement solution provider, unites technology and versatility to offer seamless customer interactions across every channel, including Email, AppPush, WebPush, OTP, SMS and WhatsApp Business. It empowers businesses to build lasting relationships and achieve higher conversions and retention. With a strong focus on innovation and performance, EngageLab supports businesses in over 220 countries and regions, delivering more than 1 million messages every second across various channels. For more information about EngageLab and its suite of solutions, visit www.engagelab.com.

    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

    For Media Inquiries:
    Contact: marketing@engagelab.com

    The MIL Network –

    April 29, 2025
  • MIL-OSI: Behind DHgate’s U.S. #2 Milestone: SendCloud Powers Email Engagement as Aurora Mobile & EngageLab Drive Ecosystem Growth

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, April 29, 2025 (GLOBE NEWSWIRE) — EngageLab’s parent company, Aurora Mobile (NASDAQ: JG), is proud to announce its subsidiary, SendCloud, provided seamless customer communication for DHgate during its recent unprecedented user surge in the U.S. market. This surge propelled DHgate to #2 on the U.S. App Store Free iPhone Apps Ranking, surpassing giants like Google and TurboTax, trailing only behind ChatGPT.

    Founded in 2004, DHgate is a leading Chinese cross-border B2B marketplace connecting global buyers, primarily SMBs and retailers, directly with Chinese manufacturers for small-batch wholesale, making it a crucial platform for global sourcing.

    DHgate’s recent surgery in the U.S. further highlights its core value of effectively connecting Chinese factories and suppliers directly with international consumers. This connection provides global buyers with more convenient access to goods straight from the source.

    As DHgate experienced this massive influx of users, SendCloud, a professional and trusted expert in email services, played a critical role in maintaining seamless and stable customer communication. Leveraging SendCloud’s robust API integration, DHgate successfully managed the increased load, achieving:

    • Maintained over 90% email deliverability, consistently connecting with users worldwide.
    • Achieved a 99% inbox placement rate, significantly outperforming industry benchmarks.
    • Reached a 40% email open rate, boosted by optimized sender certification and domain reputation.

    These achievements allowed DHgate to effectively nurture its expanding customer relationships, build loyalty, and drive sustainable growth within one of the world’s most dynamic markets.

    EngageLab’s Omnichannel Solutions: Driving Global Engagement

    Building upon the reliable email infrastructure provided by SendCloud, EngageLab further empowers businesses with an advanced customer engagement platform tailored for global e-commerce challenges:

    • Unmatched Deliverability: A 99.97% inbox placement rate through domain warm-up and BIMI certification, ensuring compliance with GDPR and DPPA.
    • Personalized Campaigns: Leveraging AI-driven marketing automation, businesses tailor emails to diverse client segments—from small retailers sourcing electronics to wholesalers procuring bulk fashion items.
    • Global Infrastructure: With 5 global nodes, EngageLab ensured low-latency communication, which is critical for global business operations.

    The Future of Cross-Border E-Commerce

    The increasing global traction of Chinese cross-border e-commerce underscores why seamless, AI-powered customer engagement is critical for success. EngageLab remains steadfast in its commitment to providing businesses the adaptive tools needed to conquer challenges in dynamic international markets.

    About EngageLab

    EngageLab is a world-leading AI-powered omnichannel customer engagement solution provider, unites technology and versatility to offer seamless customer interactions across every channel, including Email, AppPush, WebPush, OTP, SMS and WhatsApp Business. It empowers businesses to build lasting relationships and achieve higher conversions and retention. With a strong focus on innovation and performance, EngageLab supports businesses in over 220 countries and regions, delivering more than 1 million messages every second across various channels.

    For more information about EngageLab and its suite of solutions, visit www.engagelab.com.

    For Media Inquiries:
    Contact: marketing@engagelab.com
    Website: www.engagelab.com

    The MIL Network –

    April 29, 2025
  • MIL-OSI Economics: Open Market Operation (OMO) – Purchase of Government of India Securities held on April 29, 2025: Cut-Offs

    Source: Reserve Bank of India

    Security 7.04% GS 2029 6.10% GS 2031 7.26% GS 2032 6.19% GS 2034 8.33% GS 2036
    Total amount notified Aggregate amount of ₹20,000 crore
    (no security-wise notified amount)
    Total amount (face value) accepted by RBI (₹ in crore) 1,605 9,869 2,656 1,610 4,260
    Cut off yield (%) 6.0975 6.2238 6.2570 6.3476 6.5005
    Cut off price (₹) 103.36 99.36 105.80 98.89 114.30
    Detailed results will be issued shortly.

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2025-2026/202

    MIL OSI Economics –

    April 29, 2025
  • MIL-OSI Banking: The ASEAN Senior Officials’ Meeting convenes in Kuala Lumpur today

    Source: ASEAN

    Four months into Malaysia’s ASEAN Chairmanship, the ASEAN Senior Officials’ Meeting convened today in Kuala Lumpur, Malaysia, with the participation of all ASEAN Member States, the ASEAN Secretariat and Timor-Leste as Observer. The meeting discussed preparations for the upcoming 46th ASEAN Summit and Related Summits as well as other matters, including advancing Malaysia’s Chairmanship priorities and deliverables, ASEAN Community-building initiatives, and external relations, aligning with the theme for this year, “Inclusivity and Sustainability”.

    The post The ASEAN Senior Officials’ Meeting convenes in Kuala Lumpur today appeared first on ASEAN Main Portal.

    MIL OSI Global Banks –

    April 29, 2025
  • MIL-OSI Russia: “Passing on the Memory of the Feat”: HSE Hosts Conference in Honor of the 80th Anniversary of Victory

    Translation. Region: Russian Federal

    Source: State University Higher School of Economics – State University Higher School of Economics –

    © Higher School of Economics

    On April 25, the International Student Military-Patriotic Conference was held at the HSE Cultural Center “The Great Victory is 80 years old”. Russian and foreign students, students Lyceum of the National Research University Higher School of Economics and partner schools, teachers and university administrators. The key role in the preparation of the conference was played by Military Training Center of the National Research University Higher School of Economics under the leadership of Hero of Russia Colonel Vladimir Korgutov.

    In the hall of the first floor of the Center of Culture, there was an exhibition called “Weapons of Victory”. Students dressed in military uniforms from the Great Patriotic War demonstrated rare rifles, machine guns, grenades, helmets, and even a cavalry saber to guests.

    Levitan’s voice was heard from the speakers, announcing the signing of the act of unconditional surrender of Germany on May 8, 1945. And in the halls of the second and third floors, students danced to the song “Our Cossacks are Riding, Riding Through Berlin.” There was an exhibition of student paintings on military themes, as well as an exhibition “Coal of Victory” – images of the heroes of the SVO.

    At one of the stands, anyone could receive a collection of the best competition works by HSE students for the 80th anniversary of the Victory.

    There was no indifference

    The conference in the Great Hall began with the carrying out of the banners and the performance of the Russian Federation Anthem. Then the participants were addressed by the Vice-Rector of the National Research University Higher School of Economics Sergey Rozhkov.

    He called the conference “a significant event in the life of our team,” emphasizing that it was preceded by meticulous work. The commission reviewed more than 200 student studies devoted to various pages of the Great Patriotic War, and the authors of the best of them were invited to speak.

    “As the chairman of the commission, I responsibly declare that there was no indifference in these works. They are imbued with a sense of patriotism, personal pride for their relatives and friends who forged the Great Victory on the fronts of the Great Patriotic War, on the labor fronts in the rear, and everyone made their contribution to the common cause,” noted Sergei Rozhkov.

    The vice-rector emphasized that 80 years separate us from 1945, but we must not forget the price we paid for the victory. “When a person stops remembering, he stops living. And we must pass on the memory of the feat that our ancestors accomplished from generation to generation so that we could study and work in peace,” he said.

    After this, a minute of silence was declared.

    The Truth About War

    The introductory report was given by the HSE full professor, Major General Adam Nizhalovsky.

    He recalled that, according to official data, losses in World War II amounted to 55 million people, of which 27 million were losses of the Soviet Union, that is, 14% of its population. “Think about this figure! Every seventh Soviet person died, and these are the best people of our country,” the general noted.

    The report touched upon such topics as the beginning of the Great Patriotic War, the participation of European armies in it, the atrocities of the fascists, the fate of prisoners of war, and the circumstances of Germany’s capitulation. In the West, it is believed that Germany capitulated to the Allied forces on May 7 in Reims, although the USSR did not recognize this, and the signing of the real act of capitulation took place on May 8 in Karlshorst with the participation of Marshal Zhukov.

    “Thus, even before the end of the war, Western countries began to falsify its results. Having begun attacks on the USSR in May 1945, they intensified them in the following years and erased the truth about that war from the consciousness of their citizens, belittling the role of the Soviet Union in the victory over fascism,” Adam Niżalowski emphasized.

    In conclusion of his report, he recalled that today only a few creators of victory remain in the veteran ranks and due to their age it is difficult for them to defend what they fought for in the soldier ranks. Now this task and sacred duty falls on us – the heirs of the Great Victory.

    Pain and pride

    Eight student papers, selected based on the results of the competition, were presented at the conference.

    In a report dedicated to the Brest Fortress, the student Faculty of Creative Industries From the Republic of Belarus, Kristina Alekseeva focused on little-known facts: that the fortress was stormed by the Austrians, that it was defended by representatives of more than 30 nationalities, that the inscriptions scratched on the walls of the casemates and the buried banners were found years later, that it was in Brest that the first burial place for Wehrmacht soldiers was created.

    Students of the Military Training Center Evgeny Dolgov and Ivan Singay presented the results of a study on military training in universities during the Great Patriotic War.

    Such training began already in 1941, most students managed to apply the knowledge they had acquired in practice and maintain contact with universities. Over a thousand MSU graduates were awarded, seven of them became Heroes of the Soviet Union. And, for example, among the graduates of the Moscow Institute of Transport Engineers there were partisans who blew up enemy trains.

    Family history

    Student Higher School of Business Kirill Pivovarov spoke about eight heroes of the Great Patriotic War – members of his family.

    Among them is his great-great-uncle Nikolai Shabrov, who volunteered for the front, was seriously wounded, recovered and was again called up to the army, commanded a platoon of the 8th Guards Panfilov Division, was personally acquainted with Marshal Zhukov, who gave him his accordion. And Kirill’s great-great-grandfather Sergei Kraskov fought in the unit commanded by his son Viktor, and they served together until the end of the war.

    Student Faculty of Social Sciences Olga Avdeevich from the Republic of Belarus said that her great-great-uncle Mikhail Avdeevich became the secretary of an underground Komsomol organization in a village in Western Belarus at the beginning of the war. In 1943, he was taken into slavery to Germany, and after the liberation of East Prussia, he was drafted into the Red Army and took part in battles, was wounded, and his subsequent fate is unknown.

    “My father and I are looking for Grandpa Misha, and according to one version, he died of his wounds and was buried in Poland. But the search for the burial site has now been suspended, since Poland, an unfriendly country, does not respond to our requests,” Olga explained.

    Friendly countries

    The conference was attended by Chinese and Mongolian students. Xiao Yanbo, student Faculty of Humanities from China, gave a report on the topic “The Great Victory in the Fates of the Peoples of China,” telling about some events of the Sino-Japanese War of 1937–1945.

    “If the Bryansk forests are a symbol of the Soviet people’s resistance to fascism, then the fields and hills of Shandong, a region in eastern China, are a symbol of the Chinese people’s resilience in the face of Japanese invaders. Our countries fought together against fascism and militarism, and the actions of Chinese partisans in many ways echo the feat of their Soviet brothers,” the Chinese student noted.

    One of the conclusions of his research is that the victory of the USSR in the Great Patriotic War and the decisive actions of the Red Army to defeat Japan made it possible to liberate the lands of China, opening a new page in Soviet-Chinese relations.

    A student of the creative industries department, Batjargal Ganbalor from Mongolia, told how her country, despite limited resources, helped the Soviet Union during the war. They sent food, clothing, horses (every fifth horse in the Red Army was Mongolian) to the front, paid for the construction of tanks and planes – the amount of aid was equivalent to three years of the country’s budget.

    An activist of the Mongolian Club of the National Research University Higher School of Economics, Tugsmandal Sergelen, spoke about her ancestors, one of whom fought against the Nazis in the ranks of the Red Army, was wounded, awarded an order and returned home, and the other, being of advanced age and possessing great authority in his country, personally donated 39 horses and almost 20 kg of silver to the needs of the front.

    “I am filled with gratitude to my ancestors for their contribution to the victory. The peoples of Mongolia and the USSR have the right to celebrate this victory together,” the girl concluded.

    Made your choice

    The leitmotif of the conference was the thesis about the continuity of generations that stood up to defend the Motherland during the Great Patriotic War and now, during the Central Military District.

    Anton Yukhnevsky, a graduate of the Military Training Center last year, told how HSE students continue the tradition of helping the front today. A month after the start of the SVO, the “White Raven” movement was created at the university. Its participants organize humanitarian actions and visiting missions in the SVO zone and in areas adjacent to the combat contact line, and hold sports and educational events at the university.

    “You and I could have distanced ourselves from this, studied, had fun and spent time carefree,” Anton addressed the students. “But we made our choice long before the start of the SVO, back in childhood, thanks to our upbringing, and I am sure that it was the only right one.”

    Social Sciences student Anton Nudny read his poem dedicated to a soldier who defended the Motherland in the 1940s and his grandson who followed his example 80 years later: “…And the years flew by like a moment, / and again Kharkov, again battle and smoke, / and the current soldier is of a different generation, / but his spirit is still the same – he is invincible.”

    Betting on talent

    The conference reports alternated with concert numbers. The hit of the day was the song “Faith in Victory”, written by the instructor of the military intelligence cycle, Colonel Evgeny Mityukov, and performed by him together with the students. Another discovery was the compositions of the vocal and instrumental ensemble created at the Military Training Center a month ago.

    As explained by the head of the Military Training Center, Hero of Russia Colonel Vladimir Korgutov, the organizers decided not to invite fashionable presenters and professional musical groups, relying on the talents of teachers and students.

    In closing the conference, he thanked its participants and organizers, congratulated all those present on Victory Day, and reported that the Military Training Center, which has already graduated more than 7,000 officers, sergeants, and reserve soldiers, continues to train true defenders of the Fatherland.

    Patriots become

    According to Vice-Rector Elena Odoevskaya, to achieve the goals set in the strategic documents of the HSE, it is necessary to have fortitude, to be able to overcome difficulties and move forward, and the conference once again showed that HSE students have these qualities. They also demonstrated unique creative abilities. “I am delighted with the vocal and instrumental ensemble,” added Elena Odoevskaya.

    “Patriots are not born – they become them, including thanks to correctly presented and emotionally colored information. The conference was filled with such information about the Great Patriotic War, about the contribution of our people to the victory, and its better perception was facilitated by the concert program. Many facts and conclusions that were voiced here should be known to every schoolchild and student,” noted Vice-Rector Vyacheslav Bashev.

    “The main impression from the conference is a feeling of pride for the younger generation. It is worthy of the memory of its ancestors,” concluded Sergei Rozhkov.

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

    MIL OSI Russia News –

    April 29, 2025
  • MIL-OSI Russia: RN-Yuganskneftegaz’s drilling has reached 7 million meters of rock

    Translation. Region: Russian Federal

    Source: Rosneft – Rosneft – An important disclaimer is at the bottom of this article.

    RN-Yuganskneftegaz, Rosneft’s largest oil producing asset, drilled 7 million meters of rock in 2024, or 23% of all production drilling in the Russian oil industry. The company’s fields have 1,612 oil wells, including more than 1,000 horizontal ones.

    Last year, RN-Yuganskneftegaz updated its production records. In June, the penetration rate in production drilling amounted to 678 thousand meters per month, in August, the daily penetration rate reached 30 thousand meters of rock.

    The company’s fields have begun to replicate the technology of horizontal well casing with casing string running with shank rotation. The method ensures uniform distribution of cement and improves the quality of its adhesion to the rock. During production drilling and sidetracking (SBC), the TAML multi-well injection system of the 4th complexity level has been successfully tested. An automatic drilling control system has been introduced to control and optimize the production process.

    687 oil wells were reconstructed using the sidetracking method. Of the 766 wells, oil production began after the sidetracking. As a result of using the technology, an additional 1.7 million tons were obtained in 2024. The number of wells put into production after the sidetracking increased by 23% compared to the previous year.

    There are 136 production drilling rigs and 84 sidetracking rigs operating at RN-Yuganskneftegaz fields. Most of the drilling capacity is provided by the in-house oil service RN-Drilling.

    Development of technological potential is one of the key elements of the Rosneft-2030 strategy. The introduction of new technological solutions allows increasing the geological potential of wells and conducting cost-effective production of complex hydrocarbon reserves.

    Reference:

    RN-Yuganskneftegaz is a key asset of Rosneft Oil Company, accounting for approximately 30% of the Company’s total production. The company carries out geological exploration and development of fields in 40 license areas with a total area of over 21 thousand square kilometers in the Khanty-Mansi Autonomous Okrug-Yugra. The company’s cumulative production since the start of its operations exceeds 2.7 billion tons of oil.

    TAML – technology for drilling and completing multilateral wells. Level 4 involves casing and cementing the main and side bores.

    Department of Information and Advertising of PJSC NK Rosneft April 29, 2025

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

    MIL OSI Russia News –

    April 29, 2025
  • MIL-OSI USA: Smith Thanks Trump Administration for Granting Emergency Ethanol Waiver

    Source: United States House of Representatives – Congressman Adrian Smith (R-NE)

    Washington, DC — Today Representative Adrian Smith (R-NE) released the following statement after the Environmental Protection Agency (EPA) announced an emergency waiver to allow E15 sales nationwide through May 20 and took action to ensure uniform standards for E10 fuel sales.

    “Drivers are looking for fuel price relief and higher ethanol blends are the commonsense solution. Ensuring the availability of this renewable, homegrown energy source empowers producers and retailers to meet demand during the summer travel months. I thank EPA Administrator Lee Zeldin and USDA Secretary Brooke Rollins for taking the necessary action to unleash domestic energy production. A permanent solution to provide long-term certainty is still needed, and I will continue to work toward enactment of my bill, the Nationwide Consumer and Fuel Retailer Choice Act, to eliminate unnecessary restrictions to E15.” 

    BACKGROUND:
    Congressman Smith first introduced a bill to approve year-round sale of E15 in 2015.

    On April 22, Smith led a bipartisan letter urging the administration to allow the nationwide sale of E-15 this summer

    On March 11, Smith led a bipartisan press conference highlighting grassroots support for eliminating restrictions on E15 sales.

    On February 13, Smith introduced the Nationwide Consumer and Fuel Retailer Choice Act to enable the year-round, nationwide sale of E15. Read more about the bipartisan, bicameral legislation here.

    On February 6, 2025, Smith and Rep. Angie Craig (D-MN) led nearly 30 colleagues in sending a bipartisan letter to EPA  Administrator Lee Zeldin. The letter emphasized the important role of the American biofuels industry in maximizing energy abundance and affordability while encouraging the EPA to issue timely and science-driven guidance to fulfill the Renewable Fuels Standard (RFS).

    ###

    MIL OSI USA News –

    April 29, 2025
  • MIL-OSI: BW Energy: OTC Markets Group Welcomes BW Energy Limited to OTCQX

    Source: GlobeNewswire (MIL-OSI)

    OTC Markets Group Welcomes BW Energy Limited to OTCQX

    NEW YORK – OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced BW Energy Limited (Oslo Bors: BWE; OTCQX: BWERY, BWEFF), a growth-focused oil and gas company, has qualified to trade on the OTCQX® Best Market. BW Energy Limited upgraded to OTCQX from the Pink® market.

    BW Energy Limited begins trading today on OTCQX under the symbols “BWERY” and “BWEFF.”  U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

    Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors.  For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.

    “The OTCQX Market provides a platform for increased recognition and engagement with a wider base of US investors. BW Energy is a fast-growing oil and gas company with production and attractive development assets in Gabon, Namibia and Brazil. We expect cross-trading on OTCQX to create additional long-term value through a broader US investor base and increased trading volumes in our shares,” says Carl K. Arnet, the CEO of BW Energy.

    About BW Energy Limited
    BW Energy is a growth E&P company with a differentiated strategy targeting proven offshore oil and gas reservoirs through low risk phased developments. The Company has access to existing production facilities to reduce time to first oil and cashflow with lower investments than traditional offshore developments. The Company’s assets are 73.5% of the producing Dussafu Marine licence offshore Gabon, 100% interest in the Golfinho and Camarupim fields, a 76.5% interest in the BM-ES-23 block, a 95% interest in the Maromba field in Brazil, a 95% interest in the Kudu field in Namibia, all operated by BW Energy. In addition, BW Energy holds approximately 6.6% of the common shares in Reconnaissance Energy Africa Ltd. and a 20% non-operating interest in the onshore Petroleum Exploration License 73 (“PEL 73”) in Namibia. Total net 2P+2C reserves and resources were 599 million barrels of oil equivalent at the start of 2025.

    About OTC Markets Group Inc.:
    OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture Market, and Pink® Open Market.

    Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading.  Our innovative model offers companies more efficient access to the U.S. financial markets.

    OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATSTM are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

    To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

    Subscribe to the OTC Markets RSS Feed

    Media Contact:
    OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com

    This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

    The MIL Network –

    April 29, 2025
  • MIL-OSI United Kingdom: Crowds enjoy Derby’s St George’s Day celebrations

    Source: City of Derby

    Dragons roared, knights clashed, and medieval games delighted crowds in Derby as the city celebrated St George’s Day.

    The annual festivities featured live performances, engaging workshops, and creative crafts that brought the legend of St George to life. 

    The event was produced by Derby LIVE, Derby City Council’s arts and events team, in conjunction with The Lost Boys and St Peters Quarter Business Improvement District (BID). 

    St George and The Mayor of Derby launched the festivities before one of the highlights of the day, The Lost Boys’ spectacular and tongue-in-cheek reenactment of St George’s legendary battle with the dragon, which drew enthusiastic cheers from the audience. 

    Families gathered to enjoy AVP Theatre’s delightful puppet show, a family-friendly fairytale retelling of the St George and the Dragon story, and aspiring knights had the chance to train in hands-on workshops led by The Lost Boys and Team Falchion, learning about chivalry and trying their hand at sword skills. 

    Team Falchion

    Team Falchion also provided fascinating showcases of medieval armour and combat, alongside engaging medieval games and blanket weaving activities. Throughout the afternoon, roaming dragons added an extra element of surprise and delight for young adventurers. 

    St Peter’s Cross was also a hub of creativity, with Scraggy Moo’s environmentally-friendly family crafts proving a hit. In partnership with St Peter’s Quarter BID, children were able to create their own dragons and flags, adding their colourful creations to the St George’s Day celebrations.

    Councillor Nadine Peatfield, Leader of Derby City Council and Cabinet Member for City Centre, Regeneration, Culture and Tourism, said:

    Derby once again embraced the spirit of St George’s Day with a fantastic array of free family activities. It was wonderful to see so many people coming together to enjoy the entertainment and have a go at the activities.

    The atmosphere was really special so thank you to everyone who made the event happen.

    Brad Worley, Manager for the Derby Cathedral Quarter and St Peters Quarter BIDs said:

    St George’s Day celebrations are always a fantastic event in Derby and this year was no exception. St Peters Quarter and Cathedral Quarter BIDs were excited to help support the wide variety of performances on offer, and we hope that everybody had a wonderful time.

    When events like this happen, the city comes to life, and it’s wonderful to see.

    MIL OSI United Kingdom –

    April 29, 2025
  • MIL-OSI Economics: 28 April 2025 Yury Trutnev: EEF big contributor to development of Far East and President’s instructions Deputy Prime Minister of the Russian Federation and Presidential Envoy to the Far Eastern Federal District Yury Trutnev chaired a meeting in Vladivostok on preparations in the lead-up to the 10th Eastern Economic Forum, which is scheduled to take place on the campus of Far Eastern Federal University on 3–6 September. The EEF is being organized by the Roscongress Foundation.

    Source: Eastern Economic Forum

    28 April 2025

    Yury Trutnev: EEF big contributor to development of Far East and President’s instructions

    Deputy Prime Minister of the Russian Federation and Presidential Envoy to the Far Eastern Federal District Yury Trutnev chaired a meeting in Vladivostok on preparations in the lead-up to the 10th Eastern Economic Forum, which is scheduled to take place on the campus of Far Eastern Federal University on 3–6 September. The EEF is being organized by the Roscongress Foundation.

    “The Eastern Economic Forum has contributed much over the years to the development of the Far East and the fulfilment of the instructions of the President of the Russian Federation, Vladimir Putin. Thousands of people from all over the world attend the EEF every year, and no sanctions or anything else will succeed in weakening interest in it. The Russian Far East is a huge region, and its development affects its neighbours and the entire world. We will do our best as always to ensure that our guests receive all the information they seek and are able to carry out their work in comfort and safety at the Eastern Economic Forum,” Trutnev said as he opened the meeting.

    The composition of the Forum programme was considered in detail.  

    “We discussed possible themes for the EEF, and I believe it would be impossible to ignore the Soviet nation’s victory in the Great Patriotic War. Our proposal for the main theme is going to be something like ‘The Far East: From Victory to Victory’, though we’ll think a bit more about the exact wording. The Second World War ended in the Far East. The President of the Russian Federation has ordered us to prepare a major exhibition on the island of Shumshu, where the Kuril landing took place, to educate young people and remind all of us about the heroic feats that led to the great victory,” Trutnev said.

    The Ministry for the Development of the Russian Far East and Arctic suggested including in the business programme topics of vital importance to regional development and possible integration with the economy of the broader Asia-Pacific region.

    “We would focus in particular on technological development. Technology is changing the world now. It is changing the very fabric of life. And many of these technologies either originate in Asia or are first brought to market here. We would like to see the Far East play a bigger role in this process and believe it can. We would like to use new tools like our international advanced-development territories to ensure that these technologies are created and replicated in Russia,” Minister for the Development of the Russian Far East and Arctic Alexei Chekunkov said.

    First Deputy CEO of the Roscongress Foundation and Director of the Eastern Economic Forum Igor Pavlov touched on organizational issues and how preparations for the 10th Eastern Economic Forum were getting along.

    “A great many events have been planned for EEF 2025, including the ‘Welcome to the Far East!’ exhibition, which traditionally enjoys the participation of federal ministries and agencies. And the sports programme will include a special patriotic Parade of Sails, rowing competitions, a hockey match, a run, and more,” Pavlov said.

    According to Governor of Primorsky Territory Oleg Kozhemyako, the region has been following the roadmap laid out last year in its preparations for the Forum. Funds have been set aside in the regional budget for the construction of the region’s pavilion at the Far East Street exhibition, sports and cultural programmes, medical care, and road inspections. A special unit has been tasked with ensuring electrical supply, and preparations are underway on transmission lines and at power facilities. Law enforcement agencies are coming together to create a task force to ensure public order and security. 25 hotels in Vladivostok and Artem are on call to accommodate Forum guests and participants in 1,600 rooms.

    Mayor of Vladivostok Konstantin Shestakov reported on the measures being implemented as part of the preparations for the Forum in the capital of the Far Eastern Federal District in landscaping, road infrastructure, sanitation and security, building facades, and catering and cultural events. Work has been planned to repair roads, paint elevated and underground pedestrian crossings, and fix metal and concrete fences, bus stops, and bridges. The storm water drainage system will also be cleaned, sunken manholes fixed, pavement and curbs touched up, graffiti and unauthorized advertising removed, and concrete surfaces and road infrastructure painted. The city itself will receive an important facelift, with private investors funding 10 objets d’art across the route that will be travelled by guests through the city. Special events, concerts, and evening programmes are also being planned for the city’s open-air venues, with additional cultural initiatives for Forum participants and the residents of Vladivostok in development.

    Far Eastern Federal University President Boris Korobets spoke about the preparation of the Far Eastern Federal University campus for the Forum, with large-scale modernization of infrastructure to begin in May and student service brigades to take part in campus renovation work for the first time this year, for which volunteers are currently being recruited. For the fourth year in a row, FEFU will work together with the Russian Znanie Society to organize a lecture hall for the students and youth of Primorsky Territory at the Forum. 350 top students and talented schoolchildren will attend in person, with another 8.5 million people expected to join the event online. This year, the lecture will focus on the end of World War II, the contribution of the Soviet nation to the fight against fascism, and the events of the Soviet-Japanese War of 1945. A new visual attraction will be installed in the park on FEFU’s central square in the form of a 50-metre-high flagpole flying a 150-square-metre tricolour. As part of the Year of the Defender of the Fatherland announced by the President of Russia, an Alley of Heroes will be established in the campus park and dedicated to the Russian heroes serving their country in the special military operation from all eleven regions of the Far East.

    The regions of the Far East are also preparing for this tenth anniversary forum. As in the past, they will present their economic achievements and unique culture and customs at the Far East Street exhibition. 11 region and five industry pavilions have been planned this year: two pavilions for the Ministry of Sport of Russia, the ‘Business’ and ‘GTO Arena’; the Far East and Arctic Development Corporation’s ‘Developing the Far East’ Pavilion; the Ministry of Natural Resources and Environment of Russia’s ‘Falcon House’ Pavilion; and the ‘Corporation Turizm.RF’ Pavilion. The pavilions dedicated to the regions will focus on economic and social achievements of the past ten years, provide information about investment projects, advanced technological developments, and the implementation of master plans for the development of the cities of the Far East, and the celebration of the 80th anniversary of victory in the Great Patriotic War. An alley dedicated to brands from the Far East is being organized in conjunction with ASI and will present the goods manufactured in the region.

    Also discussed during the meeting were issues of sanitary and epidemiological safety to be addressed during the preparation for EEF 2025.

    “The EEF is a well-prepared, balanced tool for attracting investment to the Far East that allows all federal executive authorities to see whether they are fulfilling the President’s instructions and for investors to understand that they are on the right track. And we will protect what we have here, even as we turn now to the content and move forward, work on the sessions, and think about how to set the right tasks,” Trutnev said in conclusion.

     

    Read more

    MIL OSI Economics –

    April 29, 2025
  • MIL-OSI United Kingdom: New appointments to Financial Conduct Authority board announced

    Source: United Kingdom – Executive Government & Departments

    News story

    New appointments to Financial Conduct Authority board announced

    Chancellor announces the appointment of four new Non-Executive Directors at the Financial Conduct Authority (FCA).

    The Chancellor of the Exchequer Rachel Reeves has today confirmed that Julia Black, Anita Kimber, John Ball and Stéphane Malrait have been appointed as Non–Executive Directors to the Board of the Financial Conduct Authority (FCA). The Chancellor also confirms a one-year extension of Richard Lloyd’s second term as a Non-Executive Director on the FCA Board.

    Julia Black and Anita Kimber will commence their terms on 12 May 2025, John Ball on 27 May 2025, whilst Stéphane Malrait will join later in the year on 20 October 2025. They will each serve an initial three-year term. Richard Lloyd’s second term has been extended and will now conclude on 31 March 2026.

    Julia Black is a former External Member of the Prudential Regulation Committee. Julia is a highly accomplished academic in the field of law and financial regulation and has advised policy makers, consumer bodies, and regulators on issues of regulatory strategy and design in the UK and internationally.

    Anita Kimber is a former Partner at EY who has also led large practices at PwC and IBM. Anita is experienced in leading transformation programmes across technology, data and analytics combined with customer insight and user experience focused teams. Anita’s experience is closely aligned with regulatory compliance for banks and other financial services institutions, including a secondment and a permanent appointment at Nationwide Building Society.

    John Ball is a former Global MD, Pensions Practice for Willis Towers Watson where he enjoyed a near 40 year career. He has extensive change management experience and broader board experience across several WTW subsidiary boards and committees. The FCA Board will benefit from John’s deep pensions expertise.

    Stéphane Malrait is a former Managing Director and Global Head of market structure and innovation for Financial Markets at ING Bank. Stéphane has operated in large, complex organisations internationally, including in the US, France, and the UK. He will bring experience of governance across different entities including non-executive board experience with industry associations and fintech companies.

    Richard Lloyd is a distinguished member of the Financial Conduct Authority (FCA) Board, bringing a wealth of experience from his extensive career in consumer rights and public policy. He previously held significant roles, including serving as the Executive Director of Which?, where he championed consumer interests and advocated for fairer markets. Notably, Richard served effectively as the interim Chair of the FCA Board from June 2022 until February 2023, demonstrating strong leadership and a steadfast commitment to the organisation’s objectives.

    Chancellor of the Exchequer, Rachel Reeves, said:

    The FCA have been crucial in supporting the government’s efforts to reform regulation in order to better support growth and I am pleased to announce the appointments of Julia Black, Anita Kimber, John Ball and Stéphane Malrait to the FCA Board and the extension of Richard Lloyd for an additional year.

    All five individuals bring extensive financial services experience to the Board and will help the FCA go further and faster to deliver on this government’s Plan for Change.

    Chair of the FCA Board Ashely Alder, said:

    I’m delighted to welcome Julia, Anita, John and Stéphane to the FCA board. Together, they bring a wealth of experience and insight across the financial services sector. I look forward to working with them as we deliver our ambitious new 5-year strategy.

    I’d also like to congratulate Richard Lloyd on the extension of his second term, which ensures we continue to benefit from his invaluable counsel in the months ahead.

    About the Financial Conduct Authority

    The Financial Conduct Authority (FCA) is the conduct regulator for the UK’s financial services firms and markets. It is responsible for the conduct of around 42,000 businesses and sets the specific prudential standards for roughly 17,000 firms.

    It has an overarching strategic objective of ensuring the relevant markets function well. To support this, it has three operational objectives: to secure an appropriate degree of protection for consumers; to protect and enhance the integrity of the UK financial system; and to promote effective competition in the interests of consumers. Its secondary objective is to facilitate the international competitiveness of the UK economy, and its growth in the medium to long-term.

    About the appointment process

    Julia Black, Anita Kimber, John Ball and Stéphane Malrait have been appointed by the Chancellor following a fair and open recruitment process run by HM Treasury. All appointments are subject to vetting and security clearances currently in progress.

    The Treasury is committed to appointing a diverse range of people to public appointments, including at the Financial Conduct Authority. The Treasury continues to take active steps to attract the broadest range of suitable applicants for posts.

    Appointments to the FCA Board are regulated by the Office of the Commissioner for Public Appointments. Julia Black, Anita Kimber, John Ball and Stéphane Malrait have not engaged in any political activity in the last five years.

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    Published 29 April 2025

    MIL OSI United Kingdom –

    April 29, 2025
  • MIL-OSI Russia: Last chance to become ArtMasters-2025 champion

    Translation. Region: Russian Federal

    Source: State University of Management – Official website of the State –

    There are 7 days left until the end of registration for participation in the 6th season of the National Open Championship of Creative Competencies ArtMasters.

    Hurry up to submit your application and get a chance to win a cash prize.

    You can participate in two age categories: from 14 to 17 years old and from 18 to 35 years old.

    The competition will be held in 20 creative competencies:

    “Architectural Environment Designer”; “Industrial Engineering”; “Creative Producer”; “UX/UI Web Designer”; “Graphic Designer”; “Virtual World Designer”; “Theater and Film Playwright”; “Clip Director”; “Popular Music Composer”; “Copywriter”; “Media Composer”; “Motion Designer”; “Film and TV Camera Operator”; “Editing Director”; “Sound Designer”; “Computer Game Writer”; “Photographer”; “Design Artist”; “Make-up Artist”; “Costume Designer”.

    The championship is held in 3 stages:

    Register on the website before May 5, 2025, upload your portfolio and take the online test before May 23, 2025. Complete the correspondence practical assignment before June 23, 2025 and be among the best according to the jury. Complete the modules of the final stage from July 14 to September 30, 2025: correspondence module, in-person completion of the practical assignment, ceremonial meeting of the finalists.

    The winners of the Championship will receive cash certificates and the opportunity for an internship and subsequent employment in a large partner company, the use of equipment necessary for creative implementation within the framework of the partnership program, and the integration of final works into existing projects of creative industries.

    The award ceremony for the winners of the Championship in the main age category is scheduled to take place on September 30, 2025 at the State Academic Bolshoi Theater of Russia in Moscow.

    Subscribe to the TG channel “Our GUU” Date of publication: 04/29/2025

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

    MIL OSI Russia News –

    April 29, 2025
  • MIL-OSI: Municipality Finance issues a EUR 175 million tap under its MTN programme

    Source: GlobeNewswire (MIL-OSI)

    Municipality Finance Plc
    Stock exchange release
    29 April 2025 at 11:00 am (EEST)

    Municipality Finance issues a EUR 175 million tap under its MTN programme

    On 30 April 2025 Municipality Finance Plc issues a new tranche in an amount of EUR 175 million to an existing benchmark issued on 26 April 2023. With the new tranche, the aggregate nominal amount of the benchmark is EUR 1.650 billion. The maturity date of the benchmark is 29 July 2030. The benchmark bears interest at a fixed rate of 3.125 % per annum.

    The new tranche is issued under MuniFin’s EUR 50 billion programme for the issuance of debt instruments. The offering circular, the supplemental offering circular and final terms of the notes are available in English on the company’s website at https://www.kuntarahoitus.fi/en/for-investors.

    MuniFin has applied for the new tranche to be admitted to trading on the Helsinki Stock Exchange maintained by Nasdaq Helsinki. The public trading is expected to commence on 30 April 2025. The existing notes in the series are admitted to trading on the Helsinki Stock Exchange.

    J.P. Morgan SE acts as the Dealer for the issue of the new tranche.

    MUNICIPALITY FINANCE PLC

    Further information:

    Joakim Holmström
    Executive Vice President, Capital Markets and Sustainability
    tel. +358 50 444 3638

    MuniFin (Municipality Finance Plc) is one of Finland’s largest credit institutions. The owners of the company include Finnish municipalities, the public sector pension fund Keva and the State of Finland.
    The Group’s balance sheet is over EUR 53 billion.

    MuniFin builds a better and more sustainable future with its customers. MuniFin’s customers include municipalities, joint municipal authorities, wellbeing services counties, corporate entities under their control, and non-profit organisations nominated by the Housing Finance and Development Centre of Finland (ARA). Lending is used for environmentally and socially responsible investment targets such as public transportation, sustainable buildings, hospitals and healthcare centres, schools and day care centres, and homes for people with special needs.

    MuniFin’s customers are domestic but the company operates in a completely global business environment. The company is an active Finnish bond issuer in international capital markets and the first Finnish green and social bond issuer. The funding is exclusively guaranteed by the Municipal Guarantee Board.

    Read more: https://www.kuntarahoitus.fi/en/

    Important Information

    The information contained herein is not for release, publication or distribution, in whole or in part, directly or indirectly, in or into any such country or jurisdiction or otherwise in such circumstances in which the release, publication or distribution would be unlawful. The information contained herein does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, any securities or other financial instruments in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction.

    This communication does not constitute an offer of securities for sale in the United States. The notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or under the applicable securities laws of any state of the United States and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.

    The MIL Network –

    April 29, 2025
  • MIL-OSI: The recording of Šiaulių Bankas Investor Conference Webinar of introducing the financial results for Q1 2025

    Source: GlobeNewswire (MIL-OSI)

    During the Investor Conference Webinar by Vytautas Sinius, CEO, Tomas Varenbergas, Head of Investment Management Division, Chief Economist Indrė Genytė–Pikčienė and Tautvydas Mėdžius, Strategy Partner, introduced the Bank’s financial results for Q1 2025 and recent developments and answered the participant questions afterwards.

    The recording of it can be found on Nasdaq youtube channel there.

    Presentation and the recording of webinar are also posted on the Bank’s website https://sb.lt/en/investors

    Šiaulių bankas thanks all participants.

    If you would like to receive Šiaulių Bankas news for investors directly to your inbox, subscribe to our newsletter.

     

    Additional information:

    Tomas Varenbergas

    Head of Investment Management Division

    tomas.varenbergas@sb.lt , +370 610 44447

    The MIL Network –

    April 29, 2025
  • MIL-OSI Europe: ECB Consumer Expectations Survey results – March 2025

    Source: European Central Bank

    29 April 2025

    Compared with February 2025:

    • median consumer perceptions of inflation over the previous 12 months remained unchanged, as did expectations for inflation five years ahead (reported for the first time this month), while median inflation expectations for both the next 12 months and three years ahead increased;
    • expectations for nominal income growth over the next 12 months remained unchanged, while expectations for spending growth over the next 12 months decreased;
    • expectations for economic growth over the next 12 months were unchanged (remaining somewhat negative), while the expected unemployment rate in 12 months’ time decreased;
    • expectations for growth in the price of homes over the next 12 months increased, while expectations for mortgage interest rates 12 months ahead remained unchanged.

    Inflation

    The median rate of perceived inflation over the previous 12 months remained unchanged at 3.1% in March. This is its lowest level since September 2021. Median expectations for inflation over the next 12 months increased by 0.3 percentage points to 2.9%, the highest level since April 2024, while expectations for three years ahead edged up by 0.1 percentage points to 2.5%, the highest level since March 2024. Expectations for inflation five years ahead, which are being reported for the first time this month, were unchanged for the fourth consecutive month at 2.1%. For more information on this new measure of inflation expectations, please see the box entitled “Consumers’ long-term inflation expectations: an overview” in the Economic Bulletin, Issue 3, ECB, 2025. Inflation expectations at the one-year, three-year and five-year horizons thus remained below the perceived past inflation rate. Uncertainty about inflation expectations over the next 12 months remained unchanged in March at its lowest level since January 2022. While the broad evolution of inflation perceptions and expectations remained relatively closely aligned across income groups, over the previous year and a half inflation perceptions and short-horizon expectations for lower income quintiles were, on average, slightly above those for higher income quintiles. Younger respondents (aged 18-34) continued to report lower inflation perceptions and expectations than older respondents (those aged 35-54 and 55-70), albeit to a lesser degree than in previous years. (Inflation results)

    Income and consumption

    Consumers’ nominal income growth expectations over the next 12 months remained unchanged at 1.0%. Perceived nominal spending growth over the previous 12 months increased to 5.0%, from 4.9% in February. Expected nominal spending growth over the next 12 months decreased to 3.4% in March, from 3.5% in February and 3.6% in January. This decrease was observed across most income groups. (Income and consumption results)

    Economic growth and labour market

    Economic growth expectations for the next 12 months were stable in March, standing at -1.2%. Expectations for the unemployment rate 12 months ahead decreased to 10.4%, from 10.5% in February. Consumers continued to expect the future unemployment rate to be only slightly higher than the perceived current unemployment rate (10.0%), implying a broadly stable labour market. Expectations for both economic growth and the unemployment rate remained broadly stable over the previous four months, fluctuating within a narrow range. (Economic growth and labour market results)

    Housing and credit access

    Consumers expected the price of their home to increase by 3.1% over the next 12 months, which was slightly higher than in February. Households in the lowest income quintile continued to expect higher growth in house prices than those in the highest income quintile (3.3% and 2.8% respectively), although the difference between them narrowed in recent months. Expectations for mortgage interest rates 12 months ahead remained unchanged from February at 4.4%. As in previous months, the lowest income households expected the highest mortgage interest rates 12 months ahead (5.1%), while the highest income households expected the lowest rates (4.0%). The net percentage of households reporting a tightening (relative to those reporting an easing) in access to credit over the previous 12 months increased, while the net percentage of those expecting a tightening over the next 12 months declined. (Housing and credit access results)

    The microdata underlying the aggregate results are available on the Consumer Expectations Survey (CES) web page in the Data and methodological information section.

    The release of the Consumer Expectations Survey (CES) results for April is scheduled for 28 May 2025.

    For media queries, please contact: Benoit Deeg, tel.: +49 172 1683704.

    Notes

    • Unless otherwise indicated, the statistics presented in this press release refer to the 2% winsorised mean. For further details, see ECB Consumer Expectations Survey – Guide to the computation of aggregate statistics.
    • The CES is a monthly online survey of, currently, around 19,000 adult consumers (i.e. aged 18 or over) from 11 euro area countries: Belgium, Germany, Ireland, Greece, Spain, France, Italy, the Netherlands, Austria, Portugal and Finland. The main aggregate results of the CES are published on the ECB’s website every month. The results are used for policy analysis and complement other data sources used by the ECB.
    • Further information about the survey and the data collected is available on the CES web page. Detailed information can also be found in the following two publications: Bańkowska, K. et al., “ECB Consumer Expectations Survey: an overview and first evaluation”, Occasional Paper Series, No 287, ECB, Frankfurt am Main, December 2021; and Georgarakos, D. and Kenny, G., “Household spending and fiscal support during the COVID-19 pandemic: Insights from a new consumer survey”, Journal of Monetary Economics, Vol. 129, Supplement, July 2022, pp. S1-S14.
    • The survey results do not represent the views of the ECB’s decision-making bodies or staff.

    MIL OSI Europe News –

    April 29, 2025
  • MIL-OSI Europe: Monetary developments in the euro area: March 2025

    Source: European Central Bank

    29 April 2025

    Components of the broad monetary aggregate M3

    The annual growth rate of the broad monetary aggregate M3 decreased to 3.6% in March 2025 from 3.9% in February, averaging 3.7% in the three months up to March. The components of M3 showed the following developments. The annual growth rate of the narrower aggregate M1, which comprises currency in circulation and overnight deposits, increased to 3.8% in March from 3.4% in February. The annual growth rate of short-term deposits other than overnight deposits (M2-M1) decreased to 1.5% in March from 2.0% in February. The annual growth rate of marketable instruments (M3-M2) decreased to 11.3% in March from 18.0% in February.

    Chart 1

    Monetary aggregates

    (annual growth rates)

    Data for monetary aggregates

    Looking at the components’ contributions to the annual growth rate of M3, the narrower aggregate M1 contributed 2.4 percentage points (up from 2.2 percentage points in February), short-term deposits other than overnight deposits (M2-M1) contributed 0.4 percentage points (down from 0.6 percentage points) and marketable instruments (M3-M2) contributed 0.7 percentage points (down from 1.1 percentage points).

    Among the holding sectors of deposits in M3, the annual growth rate of deposits placed by households stood at 3.5% in March, compared with 3.4% in February, while the annual growth rate of deposits placed by non-financial corporations decreased to 2.3% in March from 3.0% in February. Finally, the annual growth rate of deposits placed by investment funds other than money market funds increased to 16.2% in March from 8.5% in February.

    Counterparts of the broad monetary aggregate M3

    The annual growth rate of M3 in March 2025, as a reflection of changes in the items on the monetary financial institution (MFI) consolidated balance sheet other than M3 (counterparts of M3), can be broken down as follows: net external assets contributed 2.7 percentage points (down from 3.1 percentage points in February), claims on the private sector contributed 2.1 percentage points (down from 2.2 percentage points), claims on general government contributed 0.2 percentage points (as in the previous month), longer-term liabilities contributed -1.3 percentage points (up from -1.5 percentage points), and the remaining counterparts of M3 contributed -0.1 percentage points (as in the previous month).

    Chart 2

    Contribution of the M3 counterparts to the annual growth rate of M3

    (percentage points)

    Data for contribution of the M3 counterparts to the annual growth rate of M3

    Claims on euro area residents

    The annual growth rate of total claims on euro area residents stood at 1.7% in March 2025, unchanged from the previous month. The annual growth rate of claims on general government stood at 0.4% in March, unchanged from the previous month, while the annual growth rate of claims on the private sector stood at 2.2% in March, compared with 2.3% in February.

    The annual growth rate of adjusted loans to the private sector (i.e. adjusted for loan transfers and notional cash pooling) increased to 2.6% in March from 2.4% in February. Among the borrowing sectors, the annual growth rate of adjusted loans to households increased to 1.7% in March from 1.5% in February, while the annual growth rate of adjusted loans to non-financial corporations increased to 2.3% in March from 2.1% in February.

    Chart 3

    Adjusted loans to the private sector

    (annual growth rates)

    Data for adjusted loans to the private sector

    Notes:

    • Data in this press release are adjusted for seasonal and end-of-month calendar effects, unless stated otherwise.
    • “Private sector” refers to euro area non-MFIs excluding general government.
    • Hyperlinks lead to data that may change with subsequent releases as a result of revisions. Figures shown in annex tables are a snapshot of the data as at the time of the current release.

    MIL OSI Europe News –

    April 29, 2025
  • MIL-OSI United Kingdom: University of Aberdeen team wins at national event awards A conference organised by a team from the School of Psychology and CPD and Event Services at the University of Aberdeen has been recognised for its excellence and impact at a national awards ceremony.

    Source: University of Aberdeen

    A conference organised by a team from the School of Psychology and CPD and Event Services at the University of Aberdeen has been recognised for its excellence and impact at a national awards ceremony.
    The European Conference on Visual Perception (ECVP) was named the Best Association Event at The Scottish Event Awards. 
    The 46th annual ECVP took place in Aberdeen from 25 to 29 August 2024. A team from the School of Psychology led by Professor Constanze Hesse and Dr Mauro Manassi, and with support from the University’s CPD and Event Services team, successfully bid for and delivered the event. The organisers were recognised by the judges for the conference’s commitment to inclusion and impact.
    Attracting more than 800 delegates, the ECVP provided a forum for presenting and discussing new developments in the study of visual perception in the disciplines of Psychology, Neuroscience and Cognitive Sciences. Last year’s event involved a series of lectures, tutorials, roundtables, and poster sessions on the extensive field of visual perception. The programme also included the Illusion Night, an outreach city event which featured interactive visual experiences, demonstrations of cutting-edge research techniques such as mobile eye-tracking and virtual reality and a scientific magic show, offering insights into visual perception which was attended by more than 1,600 attendees from the public and conference delegates, with more than 40 international researchers involved.
    The Scottish Event Awards are Scotland’s only awards evening dedicated to the events and festivals industries. The awards recognise the resilience of the industry, as well as the outstanding companies, organisations and individuals in Scotland’s event scene. This year’s ceremony took place on 24 April at The Corn Exchange in Edinburgh.
    Professor Peter Edwards, Vice-Principal for Regional Engagement at the University of Aberdeen, said: “It is a huge achievement to be recognised at The Scottish Event Awards. This win is a testament to the fantastic research coming out of the School of Psychology, the excellent collaboration between teams across the University and our commitment to public engagement with science and research.”
    CPD and Event Services was also shortlisted for two other awards: the Public Sector Events Team of the Year, and the Rising Star Award for Jessica Hippey.

    MIL OSI United Kingdom –

    April 29, 2025
  • MIL-OSI United Kingdom: Treat for car lovers as Supercar Saturday roars into town

    Source: Northern Ireland – City of Derry

    Treat for car lovers as Supercar Saturday roars into town

    29 April 2025

    Car enthusiasts across the city and district are in for a treat as the Mayor’s popular Supercar Saturday roars into Guildhall Square and Harbour Square on Saturday 24th May from 12-5pm.

    Local car enthusiasts Gary and Stephen McCaul will showcase approximately 35 luxury vehicles including Lamborghini, Ferrari, Porsche, McLaren and Maserati for public viewing.

    Popular local entertainer Micky Doherty will lead this family-friendly event which offers children and big kids the chance to get up close with one of Ireland’s finest collections of supercars. Adding to the festive atmosphere, DJ Lui and DJ Richie Rich will keep the music flowing throughout the day. A mobile gaming truck will provide additional entertainment for younger attendees, while local food vendors will be on site serving delicious refreshments.

    The Mayor of Derry City and Strabane District Council, Cllr Lilian Seenoi Barr, said she was delighted to see this well-supported event return to the city. Supercar Saturday will help to raise funds for The Bud Club, the Mayor’s chosen charity for her year in office. 

    “I’m really looking forward to hosting Supercar Saturday. This event has become a highlight in our community calendar, and for good reason. The collection of Lamborghinis, Ferraris, and other luxury vehicles that Gary and Stephen have arranged is truly world-class. I’ve had the privilege of previewing some of these fantastic vehicles, and they are simply breathtaking.

    “What makes this day so special is that it allows car enthusiasts to explore the spectacular vehicles they have previously only dreamt about. I’m particularly proud that this event will raise funds for The Bud Club, allowing our community’s passion for incredible cars to directly benefit a life-changing organisation for young people with additional needs.”

    Supercar Saturday is part of the Mayor’s One Big Weekend, One Big Cause – Revved Up and Ready to Rock for Bud Club’ extravaganza which will take place on the Bank Holiday weekend of May 24th and 25th and features three incredible events designed to appeal to all ages and interests.

    The fun will begin with Supercar Saturday, followed by a night of music and entertainment with ‘Derry Rocks for Bud Club’ in the Guildhall. This event will feature The Mindbenders with the Ultimate Yacht Rock Show, along with funnyman Black Paddy and musician Ritchie Remo. The weekend will be brought to an epic conclusion with ‘Feel the Beat’ a night of high-energy and infectious Afrobeats at St Columb’s Hall. All three events will raise funds for the Mayor’s chosen charity, The Bud Club, a life-changing organisation for young people with additional needs.

    For more information and to purchase tickets to the ‘Derry Rocks for Bud Club’ and Afrobeats night go to www.derrystrabane.com/OneWeekend. You can also keep up to date with everything that is happening on What’s On Derry Strabane and Council’s social channels.

    MIL OSI United Kingdom –

    April 29, 2025
  • MIL-OSI United Kingdom: LFC Premier League Victory Parade Confirmed

    Source: City of Liverpool

    Last updated:29 April 2025

    The Leader of Liverpool City Council, Councillor Liam Robinson, has invited Liverpool Football Club to parade the city’s streets to officially celebrate securing their 20th English league title.

    After Arne Slot’s team triumphed against Tottenham Hotspur yesterday, the City Council has hit the green light on initiating its complex parade protocol, with plans for the Premier League trophy parade to take place on Bank Holiday Monday, 26 May, from 2.30pm.

    The major logistical challenges in arranging a parade of this scale, which is expected to be witnessed by hundreds of thousands of people, means months of planning has already been taking place behind the scenes with stakeholders across the city. Given the magnitude of the event, organisers are keen for the date to be publicised in advance so residents and businesses in the city can prepare.

    The victory parade route will start at Allerton Maze and will travel north bound on Queens Drive towards the Fiveways roundabout and Rocket flyover. From there it will journey along:

    • Queens Drive

    • Mill Bank

    • West Derby Road

    • Islington

    • Leeds Street

    • The Strand

    • Route finishes at Blundell Street

    It is expected the 15km-long parade will last anywhere between 3 to 5 hours, but this is subject to change.

    As in 2019 and in 2022, the key advice to supporters to line the entire route, plan travel in advance and supporters are reminded that bringing their own pyrotechnics/flares is prohibited in order to protect the safety of all in attendance.

    Those planning to line the route and cheer the team on should expect the city to be extremely busy, not only on the Monday, but also in the days beforehand as Liverpool is hosting the major music event, Radio 1 Big Weekend.  Cunard’s Queen Anne will also be sailing into the city on Monday 26 May, which is expected to also attract crowds.

    More information and advice will be issued by the City Council and partner agencies (Liverpool Football Club, Merseyside Police and Merseytravel) in the run up to the date.

    The full costs of the parade will be met by Liverpool Football Club.

    The parade is being organised by Liverpool City Council’s award-winning Culture Liverpool team, which has been praised for its work on the previous victory parades, and is also responsible for bringing other major events to the city, such as Eurovision 2023 and this year’s Radio 1 Big Weekend.  

    Leader of Liverpool City Council, Councillor Liam Robinson, said:

    “We’re delighted to officially invite Liverpool Football Club to parade around the city on the 26 May. A Liverpool victory parade is more than football – it’s a celebration of our city’s pride, passion and community spirit.

    “It’s going to be a bumper weekend in Liverpool, with Radio 1 welcoming more than 100,000 people to Sefton Park, the final Premier League match on the Sunday, Cunard’s Queen Anne sailing into the city on Monday, on the same day as the parade – any other city may shy away from back-to-back high-profile events, but as one of the world leader’s when it comes to staging major, successful and safe outdoor activities, Liverpool is set to shine once again under the global spotlight.

    “A huge amount of work goes on behind the scenes in preparation for an event of this size and scale, and there has already been months of careful planning taking place as the Team Liverpool approach – which we saw work so well throughout Eurovision – comes to the fore again.

    “It’s set to be an unforgettable Bank Holiday Weekend as we give the team the celebration they deserve.”

    Chief Inspector Chris Barnes, the Silver Commander for the event, said:

    “We have been working with Liverpool City Council, who are organising the event, and will be supporting them with the running and policing of the Victory Parade Monday, 26 May, to ensure the event goes ahead safely and disruption to regular road users and people living and visiting the city is minimal.

    “Officers will be providing a reassuring presence  along the route to ensure that that day is not only one to remember, but also an enjoyable and safe event for all those attending the parade.

    “Rolling road closures will be put in place to accommodate the parade and although we will work with Liverpool City Council to keep disruption to a minimum, some traffic disruption is inevitable and we would ask motorists to be patient, or avoid the area of parade route where possible.

    “If you have plans already for Monday (26th May) or are going to be driving in and out of the area, I would ask you to familiarise yourself with the route so you can fully prepare, make alternative travel arrangements in advance, or use available public transport wherever possible.

    “We would like to take this opportunity to congratulate Liverpool Football Club on their success. The parade on Monday, 26 May, will be a fantastic event for the players, the club, the city, and all the fans who will turn out to cheer their team on through the streets of Liverpool.”

    MIL OSI United Kingdom –

    April 29, 2025
  • MIL-OSI United Kingdom: Greens in tax bid to tackle holiday home crisis in National Parks

    Source: Scottish Greens

    29 Apr 2025 Finance

    National Parks are iconic spaces that should be protected.

    More in Finance

    The Scottish Greens are lodging plans to tackle the housing crisis in our National Parks and protect the communities who live there by increasing the tax due when buying a holiday home within park boundaries.

    At present, someone buying a second or holiday home anywhere in Scotland must pay a tax known as the Additional Dwelling Supplement. 

    These new proposals, to be lodged by Ross Greer MSP as an amendment to the upcoming Housing Bill, would create a further charge on top of this within National Parks, in recognition of the housing crisis in these communities being caused by so many properties becoming holiday homes.

    The change would build on successful changes already made by the Scottish Greens, namely doubling the Additional Dwelling Supplement from 4% to 8% since 2021. This will raise more than a quarter of a billion pounds in the current financial year.

    The Greens preferred policy would be for the Additional Dwelling Supplement to be doubled again in National Parks, though this would be for MSPs to agree on an annual basis.

    The latest data shows there are 2455 second homes in Loch Lomond and the Trossachs National Park, which is around 5% of all homes. This is more than five times the national average of 0.9%.

    The problem is far worse within the Cairngorms National Park, where around 12% of all houses are second homes, reaching 20% in some communities, meaning one in five homes are empty for most of the year.

    The Greens are confident that their amendment would raise more funds for public services and free up more homes for people to live in by reducing the number bought to be used as holiday homes.

    Research from 2022 shows that 75% of National Park households cannot afford average house prices.

    Ross Greer said:

    “Our National Parks are iconic and beautiful places, but the families who actually live there are being pushed out by second home owners. 

    “Young people in particular are too often forced to leave the communities they grew up in after being outbid by those wealthy enough to buy a second property.

    “Too many properties are also used as cash cows for short-term lets while local people are priced out and businesses find it impossible to recruit staff because there is nowhere for them to live.

    “The changes already delivered by Green MSPs have reduced the number of second and holiday homes bought each year, freeing up more properties for people who need a home to live in. Now we can build on this success and ensure that the communities within our National Parks are more than just holiday parks.”

    MIL OSI United Kingdom –

    April 29, 2025
  • MIL-OSI Asia-Pac: 2025 Taiwan International Geothermal Conference A New Era of Geothermal Energy: Technological Innovation and Sustainable Development

    Source: Republic of China Taiwan

    The 2025 Taiwan International Geothermal Conference, hosted by the Ministry of Economic Affairs, is taking place from April 24-25 in Taipei. Now in its third edition, the conference brings together leading geothermal experts, government representatives, and industry leaders from the United States, New Zealand, Canada, the Philippines, and other countries to explore cutting-edge technologies and the future development of geothermal energy. Held in a hybrid format with both in-person sessions and online streaming, the conference has attracted more than 700 participants from around the world, including representatives from academia, industry, government, and research institutions. The event aims to advance Taiwan’s geothermal industry and enhance its global competitiveness in the green energy sector.

    Government Drives Geothermal Development and Industry Collaboration Shapes a Sustainable Future
    In his opening remarks, Vice Minister of Economic Affairs Lai Chien-Hsin emphasized that amid the global climate change, the government is committed to implementing a range of carbon reduction measures to ensure sustainable energy transition. Promoting renewable energy, he noted, is critical to achieving these goals.

    Vice Minister Lai highlighted geothermal energy’s pivot role in Taiwan’s energy transition. With Taiwan’s favorable geological conditions, it has completed the construction of six geothermal power plants. This year, more geothermal power plants will be connected to the grid. He sincerely welcomes all geothermal scholars, developers and experts to participate in 2025 Taiwan International Geothermal Conference, believing that through collaboration between international enterprises and local Taiwanese companies, they can contribute to achieving net-zero emission goals and jointly address the challenges of extreme climate.

    International Experts Convene to Foster Technology Exchange and Industry Collaboration
    The conference features a broad range of topics, including the status of geothermal energy development in Taiwan, international industry trends, advanced technologies and innovative applications, and the role of local governments in promoting geothermal power development. The Energy Administration and the Geological Survey and Mining Management Agency presented Taiwan’s geothermal policies and exploration progress. Meanwhile, the CPC Corporation and Taiwan Power Company delivered special reports on development strategies and recent technical breakthroughs, which have attracted investment interest from domestic and international companies.

    Afternoon sessions focused on cutting-edge project management and international drilling experiences, exploring how to leverage advanced technology and optimized practices to support local developers, accelerate geothermal plant construction, and enhance industry competitiveness.

    High-Level Dialogue on the Future of Geothermal Energy and Strengthening International Partnerships
    The first day of the conference concluded with a high-level dialogue moderated by the Acting Director-General of the Energy Administration Lee Chun-Li joined by representatives from the global geothermal industry, research institutes, and government sectors. The discussion centered on “The Future Outlook for Geothermal Power in Taiwan,” highlighting strategies to attract international investment, expand the geothermal industry value chain, and strengthen Taiwan’s presence in the global green energy market.

    Workshops and Site Visits Promote Practical Engagement
    On April 25, the second day of the conference, three professional workshops will be held on “Geothermal Drilling Technology,” “Development Solutions,” and “Exploration and Equipment Applications.” The conference will also feature a technical site visit for international guests to CPC Corporation’s Yuanshan No.1 Well, Taiwan’s first deep geothermal exploratory well. Jointly developed by Academia Sinica and CPC and currently drilled to a depth of 1,820 meters, this well marks a key milestone for Taiwan’s deep geothermal progress, offering international stakeholders a firsthand look at Taiwan’s geothermal potential and supportive development environment.

    Through this international platform, Taiwan aims to strengthen global partnerships, foster innovation, accelerate the growth of its geothermal sector, and advance toward the long-term goal of sustainable energy.

    Spokesperson:
    Mr. Chih-wei Wu, Deputy Director General, Energy Administration, Ministry of Economic Affairs
    Tel: +886-2-2775-7750 / +886-922-339-410
    Email: cwwu@moeaea.gov.tw

    Contact Person:
    Ms. Hsiu-fen Tsai, Director, Energy Administration, Ministry of Economic Affairs
    Tel: +886-2-2775-7730
    Email: hftsai@moeaea.gov.tw

    MIL OSI Asia Pacific News –

    April 29, 2025
  • MIL-Evening Report: Did ‘induced atmospheric vibration’ cause blackouts in Europe? An electrical engineer explains the phenomenon

    Source: The Conversation (Au and NZ) – By Mehdi Seyedmahmoudian, Professor of Electrical Engineering, School of Engineering, Swinburne University of Technology

    The lights are mostly back on in Spain, Portugal and southern France after a widespread blackout on Monday.

    The blackout caused chaos for tens of millions of people. It shut down traffic lights and ATMs, halted public transport, cut phone service and forced people to eat dinner huddled around candles as night fell. Many people found themselves trapped in trains and elevators.

    Spain’s prime minister, Pedro Sánchez, has said the exact cause of the blackout is yet to be determined. In early reporting, Portugal’s grid operator REN was quoted as blaming the event on a rare phenomenon known as “induced atmospheric vibration”. REN has since reportedly refuted this.

    But what is this vibration? And how can energy systems be improved to mitigate the risk of widespread blackouts?

    How much does weather affect electricity?

    Weather is a major cause of disruptions to electricity supply. In fact, in the United States, 83% of reported blackouts between 2000 and 2021 were attributed to weather-related events.

    The ways weather can affect the supply of electricity are manifold. For example, cyclones can bring down transmission lines, heatwaves can place too high a demand on the grid, and bushfires can raze substations.

    Wind can also cause transmission lines to vibrate. These vibrations are characterised by either high amplitude and low frequency (known as “conductor galloping”), or low amplitude and high frequency (known as “aeolian vibrations”).

    These vibrations are a significant problem for grid operators. They can place increased stress on grid infrastructure, potentially leading to blackouts.

    To reduce the risk of vibration, grid operators often use wire stabilisers known as “stock bridge dampers”.

    What is ‘induced atmospheric vibration’?

    Vibrations in power lines can also be caused by extreme changes in temperature or air pressure. And this is one hypothesis about what caused the recent widespread blackout across the Iberian peninsula.

    As The Guardian initially reported Portugal’s REN as saying:

    Due to extreme temperature variations in the interior of Spain, there were anomalous oscillations in the very high voltage lines (400 kV), a phenomenon known as “induced atmospheric vibration”. These oscillations caused synchronisation failures between the electrical systems, leading to successive disturbances across the interconnected European network.

    In fact, “induced atmospheric vibration” is not a commonly used term, but it seems likely the explanation was intended to refer to physical processes climate scientists have known about for quite some time.

    In simple terms, it seems to refer to wavelike movements or oscillations in the atmosphere, caused by sudden changes in temperature or pressure. These can be triggered by extreme heating, large-scale energy releases (such as explosions or bushfires), or intense weather events.

    When a part of Earth’s surface heats up very quickly – due to a heatwave, for example – the air above it warms, expands and becomes lighter. That rising warm air creates a pressure imbalance with the surrounding cooler, denser air. The atmosphere responds to this imbalance by generating waves, not unlike ripples spreading across a pond.

    These pressure waves can travel through the atmosphere. In some cases, they can interact with power infrastructure — particularly long-distance, high-voltage transmission lines.

    These types of atmospheric waves are usually called gravity waves, thermal oscillations or acoustic-gravity waves. While the phrase “induced atmospheric vibration” is not formally established in meteorology, it seems to describe this same family of phenomena.

    What’s important is that it’s not just high temperatures alone that causes these effects — it’s how quickly and unevenly the temperature changes across a region. That’s what sets the atmosphere into motion and can cause power lines to vibrate. Again, though, it’s still unclear if this is what was behind the recent blackout in Europe.

    Atmospheric waves can sometimes be seen in clouds.
    Jeff Schmaltz/NASA

    More centralised, more vulnerable

    Understanding how the atmosphere behaves under these conditions is becoming increasingly important. As our energy systems become more interconnected and more dependent on long-distance transmission, even relatively subtle atmospheric disturbances can have outsized impacts. What might once have seemed like a fringe effect is now a growing factor in grid resilience.

    Under growing environmental and electrical stress, centralised energy networks are dangerously vulnerable. The increasing electrification of buildings, the rapid uptake of electric vehicles, and the integration of intermittent renewable energy sources have placed unprecedented pressure on traditional grids that were never designed for this level of complexity, dynamism or centralisation.

    Continuing to rely on centralised grid structures without fundamentally rethinking resilience puts entire regions at risk — not just from technical faults, but from environmental volatility.

    The way to avoid such catastrophic risks is clear: we must embrace innovative solutions such as community microgrids. These are decentralised, flexible and resilient energy networks that can operate independently when needed.

    Strengthening local energy autonomy is key to building a secure, affordable and future-ready electricity system.

    The European blackout, regardless of its immediate cause, demonstrates that our electrical grids have become dangerously sensitive. Failure to address these structural weaknesses will have consequences far worse than those experienced during the COVID pandemic.

    Mehdi Seyedmahmoudian 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. Did ‘induced atmospheric vibration’ cause blackouts in Europe? An electrical engineer explains the phenomenon – https://theconversation.com/did-induced-atmospheric-vibration-cause-blackouts-in-europe-an-electrical-engineer-explains-the-phenomenon-255497

    MIL OSI Analysis – EveningReport.nz –

    April 29, 2025
  • MIL-OSI: Apollo Funds to Acquire Pan-European, Highly Interconnected Colocation Data Center Business from STACK Infrastructure, a portfolio company of Blue Owl Digital Infrastructure

    Source: GlobeNewswire (MIL-OSI)

    LONDON and NEW YORK, April 29, 2025 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) today announced that Apollo-managed infrastructure funds (the “Apollo Funds”) have agreed to acquire the European colocation business (the “Company”) developed and managed by STACK Infrastructure, a portfolio company of Blue Owl Digital Infrastructure Advisors LLC (“BODI”) in a carve-out transaction.

    The Company comprises seven data center assets in strategic, highly interconnected locations across five key European markets – Stockholm, Oslo, Copenhagen, Milan and Geneva – serving the data center and connectivity needs of a diverse portfolio of blue-chip enterprise clients, including telecommunications carriers, IT and services companies and financial institutions.

    Sherif Rizkalla, CEO of the Company, said: “We are delighted to partner with Apollo to accelerate growth of our business as a new, standalone company. Leveraging Apollo’s expertise in infrastructure, significant access to resources and support, we believe we are extraordinarily well-positioned to capitalize on our industry’s tailwinds and bring even more value to our customers, employees and other stakeholders.”

    Adam Petrie, Partner at Apollo, said: “We are strong believers in the fundamental tailwinds behind the demand for data center infrastructure. In particular, we believe high-quality, interconnected colocation businesses with differentiated value propositions like the Company’s offer an attractive, secular growth opportunity for the long-term. We are very excited to partner with Sherif and his team in taking this business to the next level and expanding its presence across Europe.”

    “A client-first approach is at the heart of STACK, which is why we established a dedicated enterprise colocation business unit in EMEA last year,” said John Eland, Chief Executive Officer, STACK EMEA. “The strategic creation of the colocation business unit enabled us to support the specialised requirements of the hyperscale sector, whilst also enabling our colocation experts to deliver exclusively on the needs of the enterprise sector. As STACK EMEA evolves to focus primarily on hyperscale clients, this transaction solidifies our commitment to hyperscale data center development and operations whilst our former enterprise colocation clients will continue to receive the highest standard of performance and support from dedicated experts.”

    As part of the carve-out transaction, the management team and all employees currently operating the EMEA colocation business within STACK are expected to migrate with the Company, which will be re-branded and will no longer bear the “STACK Infrastructure” name or logo. STACK will continue its growth trajectory with a focus on hyperscale development and operations across key EMEA markets.

    The transaction is subject to satisfaction of certain closing conditions, including regulatory approvals.

    Latham & Watkins LLP served as legal counsel to the Apollo Funds.

    About Apollo

    Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of December 31, 2024, Apollo had approximately $751 billion of assets under management. To learn more, please visit www.apollo.com.

    About BODI

    BODI is part of Blue Owl’s Real Assets platform and a leading manager of global real estate private equity funds focused exclusively on investing in the digital infrastructure sector. BODI makes investments in digital infrastructure assets, including data center assets and other technology and connectivity-related assets and service providers all on a global basis. As of December 31, 2024, the funds managed by BODI had approximately $14.2 billion in assets under management. Blue Owl is a global alternative asset manager with $251.1 billion AUM as of December 31, 2024.

    About STACK Infrastructure

    STACK provides digital infrastructure to scale the world’s most innovative companies. With a client-first approach, STACK delivers a comprehensive suite of campus, build-to-suit, colocation, and powered shell solutions in the Americas, EMEA, and APAC regions. With robust existing and flexible expansion capacity in the leading availability zones, STACK offers the scale and geographic reach that rapidly growing hyperscale and enterprise companies need. The world runs on data. Data runs on STACK.

    For more information about STACK, please visit: www.stackinfra.com.

    Apollo Contacts
    Noah Gunn
    Global Head of Investor Relations Apollo Global Management, Inc.
    (212) 822-0540
    IR@apollo.com

    Joanna Rose
    Global Head of Corporate Communications Apollo Global Management, Inc.
    (212) 822-0491
    Communications@apollo.com

    STACK Infrastructure Contacts
    Stephanie Srikandarajah
    press-emea@stackinfra.com

    The MIL Network –

    April 29, 2025
  • MIL-OSI: Production report for February and March 2025

    Source: GlobeNewswire (MIL-OSI)

    Oslo, 29 April 2025

             March 2025 February 2025
    Operated Boepd (1) Bopd (1) Boepd (1) Bopd (2)
    Colombia 631 448 584 410
    Argentina 1,873 281 1,493 215
    Total operated 2,504 729 2,077 625
    Total equity 1,226 413 1,028 357

    (1)   Barrels of oil equivalents per day (includes liquid and gas)
    (2)   Barrels of oil per day (represents only liquids)
    [boepd]: barrels of oil equivalents per day (includes liquid and gas)
    [Operated]: 100% field production operated by Interoil
    [Equity]        : Interoil’s share production net of royalties.

    Production Summary

    • Interoil’s daily average total operated production for March was 2,504 boepd, reflecting a improvement of +428 boepd when compared with February.
    • Operated production increased significantly in both Argentina (+380 boepd) and Colombia (+47 boepd).

    Country-Specific Highlights

    Argentina

    Gas production was primarily affected by the breakdown of two compressor engines. These required the custom fabrication of replacement parts, which arrived at the field in February. As a result, gas production experienced a sustained decrease from January until the repair of the damaged compressors in February. Furthermore in March, a surface equipment maintenance and recovery campaign was carried out, restoring approximately 90bopd of oil production.

    Colombia

    During March, the Vikingo-1 well averaged 141 boepd. At Puli C, production increased by 51 boepd following the reactivation of previously shut-in wells, which were successfully intervened using a workover rig demobilized on March 27. As of the date of this report, seven wells have been brought back online, delivering a combined flow of 117 bopd—slightly above expectations—and 82,000 scfpd of gas. These gas volumes are expected to gradually increase as the wells stabilize over the coming weeks.

    Additional information

    Further details about production performance are shown in the attached document. The graphs and tables illustrate both operated and equity production of oil and gas by country. “Operated production” refers to the total output from fields operated by Interoil, while “Equity production” refers to Interoil’s share of production, net of royalties.

    This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.

    ***************************
    Please direct any further questions to ir@interoil.no
    Interoil Exploration and Production ASA is a Norwegian based exploration and production company – listed on the Oslo Stock Exchange with focus on Latin America. The Company is operator and license holder of several production and exploration assets in Colombia and Argentina with headquarter in Oslo.

    This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

    Attachment

    • Interoil February and March 2025 Detailed Production Report

    The MIL Network –

    April 29, 2025
  • MIL-OSI Russia: Polytechnic University Wins Gazprom Neft Universities League Prize

    Translation. Region: Russian Federal

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

    The Science. Business. Education strategic partnership forum was held in St. Petersburg, where experts discussed joint strategies for personnel and technological transformation. Among the key participants was the team from Peter the Great St. Petersburg Polytechnic University. It presented the university’s projects and initiatives in the field of digitalization of education and interaction with partners. The main event of the forum was the presentation of the Gazprom Neft University League Prize. The SPbPU program in the field of innovative engineering for oil industry enterprises won in the Great Prospects nomination. It was developed taking into account the current challenges of the industry, including the tasks of creating digital models and technologies for their application in various industries.

    Our task is not just to train, but to form engineers of the future, capable of solving problems of technological leadership. Winning the award is recognition of the efforts of the entire team, – noted the head of the program Ivan Kurta.

    The project is being implemented in partnership with Gazprom Neft and has become the first additional professional education program in Russia transferred for use by other organizations under a license agreement. This partnership has provided the conditions for its implementation in the leading educational and industrial centers of the country.

    The program in the field of innovative engineering for oil industry enterprises was successfully tested in 2024 as part of a case championship, in which students from leading technical universities of St. Petersburg participated. SPbPU provided the organization of training, thereby confirming the practical value of the program.

    The interaction of science and industry is a necessity. By joint efforts we can form unique competencies, – emphasized Irina Rudskaya, Director of the Scientific and Educational Center for Information Technologies and Business Analysis of Gazprom Neft.

    In the nomination “Science of Enlightenment”, the winner of the competition was the project “Purchase Management at Oil and Gas Complex Enterprises”, developed by the Polytechnic team. The head of the program is Mikhail Afanasyev, professor at the Higher School of Industrial Management. The program trains specialists for key functions in the oil and gas industry, including for procurement at Gazprom Neft.

    We see a consistently high interest in our programs from both industrial partners and educational and scientific organizations. This confirms the demand and potential for scaling up Polytechnic’s educational solutions. The forum showed that we are moving in the right direction, – noted Dmitry Tikhonov, Vice-Rector for Continuing and Pre-University Education at SPbPU.

    The second day of the forum was devoted to discussing strategic directions for the development of the scientific and educational space in Russia. The focus was on issues of training engineering personnel, integrating science, education and business, and forming technological leadership in the regions. The agenda included panel discussions, sessions on franchising educational solutions, the academic mobility program, developing world-class campuses and mechanisms for supporting university technological entrepreneurship.

    The work of the sections “Designing network educational projects with regional universities” and “Franchising educational solutions in the field of industrial safety” should be separately noted. They presented proposals for new joint initiatives, and supported projects that are planned to be implemented in the field of additional education in 2025-2026. These decisions strengthen the position of the Polytechnic University as a reliable partner in the implementation of national priorities in education.

    Participation in the forum confirmed SPbPU’s status as a leader in the field of additional professional education and its key role in training engineering personnel for the industry of the future.

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

    MIL OSI Russia News –

    April 29, 2025
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