NewzIntel.com

Category: China

  • MIL-OSI Russia: UN Security Council Extends Mandate of UN Peacekeeping Forces in Golan Heights

    Translation. Region: Russian Federal

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

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

    UNITED NATIONS, July 1 (Xinhua) — The United Nations Security Council on Monday unanimously adopted a resolution extending the mandate of the United Nations Disengagement Observer Force (UNDOF) in the Golan Heights for six months, until December 31, 2025.

    Resolution 2782 emphasizes the obligation of both Israel and Syria to fully comply with the terms of the 1974 ceasefire and calls on them to exercise maximum restraint and prevent any violations of the ceasefire and the area of separation, or buffer zone.

    The document requires the Secretary-General of the world organization to ensure that UNDOF has all the necessary capabilities and resources to carry out its mandate safely and properly.

    UNDOF was established in May 1974 following the agreed disengagement of Israeli and Syrian forces on the Golan Heights, which ended the 1973 Yom Kippur War. It is tasked with maintaining the ceasefire between Israel and Syria. –0–

    MIL OSI Russia News –

  • MIL-OSI Russia: Spanish PM calls for inclusive multilateralism at Financing for Development conference

    Translation. Region: Russian Federal

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

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

    SEVILLE, Spain, July 1 (Xinhua) — Spanish Prime Minister Pedro Sanchez on Monday called for inclusive and strong multilateralism at the opening of the fourth International Conference on Financing for Development here in southern Spain.

    P. Sanchez, who is also the conference chair, said that in the current global context, inclusive and strong multilateralism is especially needed and the UN should be at its core.

    He called on delegates to translate slogans into action, resolve differences through unity and build trust through dialogue.

    Noting that two-thirds of the UN Sustainable Development Goals were behind schedule, UN Secretary-General António Guterres said at the opening of the session that the conference would take action in three areas – accelerating the flow of funds, reforming the international debt system and increasing the participation of developing countries in the institutions of the international financial system.

    The conference, dedicated to global development finance, will run until Thursday and will bring together representatives from governments, international organizations, financial institutions, businesses and other entities. –0–

    MIL OSI Russia News –

  • MIL-OSI Russia: G7 calls for resumption of Iran nuclear talks

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian –

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

    OTTAWA, July 1 (Xinhua) — The Group of Seven (G7) foreign ministers on Monday called for a resumption of talks to reach a comprehensive, verifiable and lasting deal on Iran’s nuclear program.

    In a joint statement on Iran and the Middle East issued by Global Affairs Canada, the G7 foreign ministers called on Iran to urgently resume full cooperation with the International Atomic Energy Agency (IAEA) in accordance with its safeguards obligations and to provide the IAEA with verifiable information on all nuclear materials in Iran, including by providing access to IAEA inspectors.

    “We underscore the central importance of the Nuclear Non-Proliferation Treaty as the cornerstone of the global nuclear non-proliferation regime. It is critical that Iran remain a party to and fully implement its obligations under the Treaty,” the statement said.

    The foreign ministers of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States, as well as the European Union’s high representative, met in The Hague on June 25 to discuss recent developments in the Middle East. –0–

    MIL OSI Russia News –

  • MIL-OSI Russia: Turkish FM welcomes cooperation with UK, calls for expansion of bilateral trade

    Translation. Region: Russian Federal

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

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

    ANKARA, July 1 (Xinhua) — Turkish Foreign Minister Hakan Fidan here on Monday hailed “intensive cooperation” with Britain and called for further expansion of bilateral trade.

    During a joint press conference with British Foreign Secretary David Lammy, he spoke about interstate cooperation in the areas of economics, defense and technology.

    The minister praised Britain’s supportive stance on issues such as the conflicts in Gaza, Syria, other parts of the Middle East and Ukraine, and welcomed London’s recent decision to lift some sanctions on Syria.

    H. Fidan stressed that ensuring a ceasefire, especially between Iran and Israel, as well as in the Gaza Strip, remains one of Ankara’s top strategic priorities.

    The annual trade turnover between Turkey and Great Britain has reached almost 30 billion US dollars, and both sides are striving to further expand economic ties, the minister noted.

    Mr Lammy highlighted the strength of Turkish-British relations, pointing to a potential free trade agreement that could bring mutual economic benefits of up to £28 billion (US$38.36 billion).

    “We look forward to negotiations on the Free Trade Agreement in the coming weeks and months,” he said.

    The Foreign Minister also praised Turkey’s efforts to promote peace in the Russian-Ukrainian conflict and stressed that both countries are working to ease the humanitarian crisis in Gaza and implement the principle of “two states for two peoples” for the Palestinians. –0–

    MIL OSI Russia News –

  • MIL-OSI Asia-Pac: Govt condemns smears against NSL

    Source: Hong Kong Information Services

    The Hong Kong Special Administrative Region Government strongly condemned and opposed the malicious attacks on and the demonisation of the Hong Kong National Security Law (HKNSL) and other laws safeguarding national security, as well as the slanderous and fact-distorting remarks made on the city’s work in safeguarding national security by foreign politicians, anti-China organisations, and various media outlets on the important occasion of the fifth anniversary of the promulgation and implementation of the HKNSL.

    In a statement, the Hong Kong SAR Government pointed out that anti-China and destabilising forces, organisations or media have made sweepingly generalised and grandstanding comments, completely disregarding the profound historical significance of the HKNSL and its undeniable positive impact on the city.

    The statement made it clear that they distorted the facts and made slanderous remarks on the Hong Kong SAR and the HKNSL. They even attempted to interfere with criminal trials conducted in Hong Kong SAR courts, thereby obstructing the course of justice.

    It also indicated that they never utter a word about the strict enforcement of national security laws by their own countries and other governments against activities that endanger their national security.

    The statement described their actions as despicable political manipulation. It stressed that the Hong Kong SAR Government must sternly denounce their wrongdoing to set the record straight and expose their shameless ‘double standards’ to the world.

    The Hong Kong SAR Government also emphasised that safeguarding national security is a top priority of every country. In accordance with international law and international relations based on the Charter of the United Nations, it is each and every sovereign state’s inherent right to enact laws safeguarding national security, and it is also an international practice.

    Moreover, the statement mentioned that for a considerable period, external forces, through their agents, have conducted infiltration and sabotage activities in Hong Kong, and further instigated the “black-clad violence” and the Hong Kong version of “colour revolution” in 2019, which nearly brought the “one country, two systems” to ruin.

    With the promulgation and implementation of the HKNSL, its effect in stopping violence and curbing disorder as well as quickly restoring social stability in the Hong Kong community was immediate.

    The statement highlighted that the Hong Kong SAR fulfilled its constitutional duty by enacting the Safeguarding National Security Ordinance last year with broad societal consensus, thereby improving the legal system and enforcement mechanisms for safeguarding national security. This has enabled Hong Kong’s transition “from chaos to order” and advancement “from stability to prosperity”.

    It said the attempts by external forces to “use Hong Kong to contain China” are doomed to fail, leaving them with no option but to smear the HKNSL.

    The Hong Kong SAR Government pointed out that, over five years of its implementation, the HKNSL has restored the rights and freedoms that Hong Kong citizens were unable to enjoy during the period of “black-clad violence”, and has enabled the livelihood and economic activities of the Hong Kong community at large to swiftly return to normal and the business environment to be restored and improved continuously.

    It also stressed that human rights in Hong Kong have always been robustly guaranteed constitutionally by both the Constitution and the Basic Law, adding that the rule of law in Hong Kong is strong and robust, and withstands the test of time.

    In addition, the statement noted that, as guaranteed by the Basic Law, the HKNSL and the Hong Kong Bill of Rights, all defendants charged with a criminal offence shall have the right to a fair trial by the Judiciary exercising independent judicial power. The courts of the Hong Kong SAR shall exercise judicial power independently, free from any interference.

    It also mentioned that foreign politicians, anti-China organisations, and various media have recently continued to make irresponsible and absurd remarks, distorting the truth regarding the national security case involving Lai Chee-ying, as well as his custodial arrangements, with the intention of perverting the course of justice.

    The Hong Kong SAR government has repeatedly pointed out that any attempt by any country, organisation, or individual to interfere with the judicial proceedings in the city by means of political power, to prevent any defendant from receiving a fair trial that they should have, is a blatant act undermining the rule of law of Hong Kong and should be condemned.

    The suggestion that persons or organisations with certain backgrounds should be immune from legal sanctions for their illegal acts and activities is tantamount to granting such persons or organisations privileges to break the law, perverting the course of justice, and is totally contrary to the spirit of the rule of law, the Hong Kong SAR Government stated.

    The HKSAR Government strongly urges any external forces to immediately stop interfering with the city’s internal affairs and the independent exercise of judicial power by the courts of the Hong Kong SAR.

    Regarding the custodial arrangements of Lai Chee-ying, the Hong Kong SAR Government reiterated that the Correctional Services Department (CSD) is committed to ensuring that the custodial environment is secure, safe, humane, appropriate and healthy, and has put in place an established mechanism to safeguard the rights of persons-in-custody (PICs), including regular independent visitors, namely Justices of the Peace, who inspect the prisons to ensure the rights of PICs are protected.

    The statement specified that the CSD consistently handles matters concerning Lai Chee-ying strictly in accordance with these mechanisms, no differently from other PICs.

    Furthermore, it clarified that the arrangement for Lai Chee-ying’s removal from association with other PICs has been made at his own request and approved by the CSD after considering all relevant factors in accordance with the law all along.

    The statement added that Lai Chee-ying’s legal representative has publicly clarified that he is receiving appropriate treatment and care in prison.

    The Hong Kong SAR Government emphasised that it will continue to uphold its constitutional duty and steadfastly safeguard national sovereignty, security, and development interests.

    The statement said that the Hong Kong SAR Government will continue to resolutely fulfil its duties and obligations to safeguard national security while simultaneously protecting the lawful rights and freedoms enjoyed by Hong Kong residents and others in Hong Kong in accordance with the law.

    By ensuring high-quality development with high-level security, a new chapter in the practice of “one country, two systems” would be continuously composed, the statement added.

    MIL OSI Asia Pacific News –

  • MIL-Evening Report: ‘I’m going to send letters’: the deadline for Trump’s ‘reciprocal’ trade tariffs is looming

    Source: The Conversation (Au and NZ) – By Peter Draper, Professor, and Executive Director: Institute for International Trade, and Director of the Jean Monnet Centre of Trade and Environment, University of Adelaide

    Brendan Smialowski/AFP via Getty Images

    US President Donald Trump’s 90-day pause on implementing so-called “reciprocal” tariffs on some 180 trading partners ends on July 8.

    How are countries responding to the threat, and will the tariffs be re-applied from July 9?

    What the US thinks ‘reciprocal’ means

    The United States is demanding four things from all trading partners, while offering little in return. So these negotiations are anything but “reciprocal”.

    The main demand is to rebalance bilateral goods trade between the US and other countries. Nations with trade surpluses – meaning they export a greater value of goods than they import from the US – will be encouraged to import more from the US and/or export less to it.

    The US is also pushing countries to eliminate a range of “non-tariff barriers” that may affect US export competitiveness. These barriers are drawn from the United States Trade Representative’s (USTR) March 2025 report and include a variety of perceived “unfair” practices, from value-added taxes (such as the Goods and Services Tax) to biosecurity standards such as those Australia applies to agricultural imports.

    In a nod to the “tech bros”, (alleged) restrictions on digital trade services, such as Australia’s media bargaining code, and digital service taxes must be removed, along with taxes on the tech giants. On Monday, Canada dropped a new digital service tax on firms such as Google and Meta after Trump suspended trade talks.

    Amazon founder Jeff Bezos, Google CEO Sundar Pichai and Tesla CEO Elon Musk at President Trump’s inauguration ceremony.
    Saul Loeb/Pool/AFP via Getty Image

    Countries must also agree to reduce reliance on inputs from China in any exports to the United States. That means companies that moved manufacturing from China to countries such as Vietnam during President Trump’s first term trade wars will face challenges in sourcing input components from China.

    Put together, this is a difficult package for any government to accept without securing something in return.

    Who holds the cards?

    Trump has been fond of saying the United States holds “all the cards” in trade negotiations.

    It’s not known precisely how many countries are negotiating bilateral deals with Washington. Between 10 and 18 countries are priority “targets”, or to use an early, colourful phrase, were targeted as the “Dirty 15”.

    Category 1 likely comprises many more countries than those in the US’s naughty corner. These countries were saddled with large reciprocal tariffs despite the tariff formula’s evident shortcomings. To paraphrase Trump, these countries don’t hold the cards and have limited negotiating power.

    They have no choice but to make concessions. The smarter ones will take the opportunity to make reforms and blame the bully in Washington. Mostly these are developing countries, some with high dependency on the US market, including the poorest such as Bangladesh, Cambodia, and Lesotho.

    To make matters worse, they must keep one eye on China for fear of retribution in case Beijing perceives any promises to reduce dependence on Chinese inputs would compromise Chinese interests.

    Category 2 consists of countries that “hold cards”, or have some degree of leverage. Some, such as Canada, Japan, India and the EU, will secure limited US concessions although they may resort to retaliation to force this outcome. From discussions with our government and academic sources, Japan and India likely won’t retaliate, but Canada has previously and the EU likely will.

    Australia’s Prime Minister Anthony Albanese initially said he would not negotiate and has repeated US reciprocal tariffs “are not the act of a friend”.

    However, the Australian government is wisely looking to bolster its negotiation cards, such as creating a critical minerals strategic reserve.



    Read more:
    Plans to stockpile critical minerals will help Australia weather global uncertainty – and encourage smaller miners

    No doubt policy makers are also reminding the US of their favourable access to Australia’s military infrastructure which could be essential to any US-China military confrontation.

    China is category 3.

    The Chinese government is determined not to kowtow to Washington as they did in Trump’s first term. The so-called “Phase 1 deal” was signed but instantly forgotten in Beijing.

    Beijing has several cards, notably dominance of processed critical minerals and their derivative products, particularly magnets, and the US’s lack of short-term alternative supply options.

    After China expanded export controls on rare earths and critical minerals, shortages hit the auto industry around the world and Ford was forced to idle plants.

    What happens next?

    Kevin Hassett, director of the National Economic Council, suggested on Friday more deals may be signed before July 8. But Trump is likely to undermine and/or negate them as his transactional whims change.

    The British, after announcing their US deal that included relatively favourable automotive and steel export market access, watched in horror as Trump doubled tariffs on steel imports to 50%, and reimposed the 25% tariff on the UK.

    The UK government was reminded this US administration cannot be trusted. That is why countries negotiate binding trade treaties governed by domestic and international laws.

    Many countries are waiting on the outcomes from various US court battles testing whether the president or Congress should have the power to impose unilateral tariffs. After all, if there is a chance the Supreme Court rules Trump cannot change tariffs by decree, then why negotiate with a serially untrustworthy partner?

    The Japanese government, for example, recently announced it is pausing negotiations after the US demanded increased defence spending.

    ‘I’m going to send letters’

    Trump on Sunday suggested he would simply send letters to foreign nations setting a tariff rate. “I’m going to send letters, that’s the end of the trade deal,” he said.

    That does not bode well for countries negotiating in good faith. It’s likely tariffs will be reimposed and bilateral negotiations will drag on to September or beyond as Treasury Secretary Scott Bessent has said.

    After all, even the US government has limited bandwidth to process so many simultaneous negotiations. Category 2 trading partners will increasingly test their own political limits. And the rest of the world is hoping for a favourable Supreme Court ruling that may, like the character Godot in the play Waiting for Godot, never come.

    Nathan Gray receives funding from the Department of Foreign Affairs and Trade.

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

    – ref. ‘I’m going to send letters’: the deadline for Trump’s ‘reciprocal’ trade tariffs is looming – https://theconversation.com/im-going-to-send-letters-the-deadline-for-trumps-reciprocal-trade-tariffs-is-looming-259983

    MIL OSI Analysis – EveningReport.nz –

  • MIL-Evening Report: ‘I’m going to send letters’: the deadline for Trump’s ‘reciprocal’ trade tariffs is looming

    Source: The Conversation (Au and NZ) – By Peter Draper, Professor, and Executive Director: Institute for International Trade, and Director of the Jean Monnet Centre of Trade and Environment, University of Adelaide

    Brendan Smialowski/AFP via Getty Images

    US President Donald Trump’s 90-day pause on implementing so-called “reciprocal” tariffs on some 180 trading partners ends on July 8.

    How are countries responding to the threat, and will the tariffs be re-applied from July 9?

    What the US thinks ‘reciprocal’ means

    The United States is demanding four things from all trading partners, while offering little in return. So these negotiations are anything but “reciprocal”.

    The main demand is to rebalance bilateral goods trade between the US and other countries. Nations with trade surpluses – meaning they export a greater value of goods than they import from the US – will be encouraged to import more from the US and/or export less to it.

    The US is also pushing countries to eliminate a range of “non-tariff barriers” that may affect US export competitiveness. These barriers are drawn from the United States Trade Representative’s (USTR) March 2025 report and include a variety of perceived “unfair” practices, from value-added taxes (such as the Goods and Services Tax) to biosecurity standards such as those Australia applies to agricultural imports.

    In a nod to the “tech bros”, (alleged) restrictions on digital trade services, such as Australia’s media bargaining code, and digital service taxes must be removed, along with taxes on the tech giants. On Monday, Canada dropped a new digital service tax on firms such as Google and Meta after Trump suspended trade talks.

    Amazon founder Jeff Bezos, Google CEO Sundar Pichai and Tesla CEO Elon Musk at President Trump’s inauguration ceremony.
    Saul Loeb/Pool/AFP via Getty Image

    Countries must also agree to reduce reliance on inputs from China in any exports to the United States. That means companies that moved manufacturing from China to countries such as Vietnam during President Trump’s first term trade wars will face challenges in sourcing input components from China.

    Put together, this is a difficult package for any government to accept without securing something in return.

    Who holds the cards?

    Trump has been fond of saying the United States holds “all the cards” in trade negotiations.

    It’s not known precisely how many countries are negotiating bilateral deals with Washington. Between 10 and 18 countries are priority “targets”, or to use an early, colourful phrase, were targeted as the “Dirty 15”.

    Category 1 likely comprises many more countries than those in the US’s naughty corner. These countries were saddled with large reciprocal tariffs despite the tariff formula’s evident shortcomings. To paraphrase Trump, these countries don’t hold the cards and have limited negotiating power.

    They have no choice but to make concessions. The smarter ones will take the opportunity to make reforms and blame the bully in Washington. Mostly these are developing countries, some with high dependency on the US market, including the poorest such as Bangladesh, Cambodia, and Lesotho.

    To make matters worse, they must keep one eye on China for fear of retribution in case Beijing perceives any promises to reduce dependence on Chinese inputs would compromise Chinese interests.

    Category 2 consists of countries that “hold cards”, or have some degree of leverage. Some, such as Canada, Japan, India and the EU, will secure limited US concessions although they may resort to retaliation to force this outcome. From discussions with our government and academic sources, Japan and India likely won’t retaliate, but Canada has previously and the EU likely will.

    Australia’s Prime Minister Anthony Albanese initially said he would not negotiate and has repeated US reciprocal tariffs “are not the act of a friend”.

    However, the Australian government is wisely looking to bolster its negotiation cards, such as creating a critical minerals strategic reserve.



    Read more:
    Plans to stockpile critical minerals will help Australia weather global uncertainty – and encourage smaller miners

    No doubt policy makers are also reminding the US of their favourable access to Australia’s military infrastructure which could be essential to any US-China military confrontation.

    China is category 3.

    The Chinese government is determined not to kowtow to Washington as they did in Trump’s first term. The so-called “Phase 1 deal” was signed but instantly forgotten in Beijing.

    Beijing has several cards, notably dominance of processed critical minerals and their derivative products, particularly magnets, and the US’s lack of short-term alternative supply options.

    After China expanded export controls on rare earths and critical minerals, shortages hit the auto industry around the world and Ford was forced to idle plants.

    What happens next?

    Kevin Hassett, director of the National Economic Council, suggested on Friday more deals may be signed before July 8. But Trump is likely to undermine and/or negate them as his transactional whims change.

    The British, after announcing their US deal that included relatively favourable automotive and steel export market access, watched in horror as Trump doubled tariffs on steel imports to 50%, and reimposed the 25% tariff on the UK.

    The UK government was reminded this US administration cannot be trusted. That is why countries negotiate binding trade treaties governed by domestic and international laws.

    Many countries are waiting on the outcomes from various US court battles testing whether the president or Congress should have the power to impose unilateral tariffs. After all, if there is a chance the Supreme Court rules Trump cannot change tariffs by decree, then why negotiate with a serially untrustworthy partner?

    The Japanese government, for example, recently announced it is pausing negotiations after the US demanded increased defence spending.

    ‘I’m going to send letters’

    Trump on Sunday suggested he would simply send letters to foreign nations setting a tariff rate. “I’m going to send letters, that’s the end of the trade deal,” he said.

    That does not bode well for countries negotiating in good faith. It’s likely tariffs will be reimposed and bilateral negotiations will drag on to September or beyond as Treasury Secretary Scott Bessent has said.

    After all, even the US government has limited bandwidth to process so many simultaneous negotiations. Category 2 trading partners will increasingly test their own political limits. And the rest of the world is hoping for a favourable Supreme Court ruling that may, like the character Godot in the play Waiting for Godot, never come.

    Nathan Gray receives funding from the Department of Foreign Affairs and Trade.

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

    – ref. ‘I’m going to send letters’: the deadline for Trump’s ‘reciprocal’ trade tariffs is looming – https://theconversation.com/im-going-to-send-letters-the-deadline-for-trumps-reciprocal-trade-tariffs-is-looming-259983

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI China: Peranakan culture exhibition in Beijing marks China-Singapore ties

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

    Editor’s Note: In celebration of the 35th anniversary of diplomatic ties between China and Singapore, the Capital Museum in Beijing is currently hosting “A Peranakan Culture Exhibition on the Maritime Silk Road,” showcasing the vibrant cultural legacy of the Peranakan Chinese — descendants of early Chinese settlers who integrated into Southeast Asian societies.

    This special exhibition, supported by the Asian Civilisations Museum and the Peranakan Museum, both operating under the National Heritage Board of Singapore, presents the dynamic history and multicultural identity of the Baba-Nyonya communities, whose distinctive way of life blends Chinese, Malay, Southeast Asian and Western influences.

    Through artifacts, culinary traditions, religious customs, fashion and contemporary design, the exhibition underscores the enduring relevance of cultural exchange and the spirit of mutual understanding across regions.

    The entrance to “A Peranakan Culture Exhibition on the Maritime Silk Road” at the Capital Museum, Beijing, June 24, 2025. The exhibition celebrates the vibrant legacy of the Peranakan Chinese, a community shaped by centuries of maritime exchange between China and Southeast Asia. [Photo by Liu Ziying/China.org.cn]

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    MIL OSI China News –

  • MIL-OSI China: Beijing exhibition presents vibrant thangka paintings

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

    Editor’s Note: The exhibition “Heavenly Colors of Nature: Thangka Art and Natural Pigments,” featuring 20 treasured thangka works from the Cultural Palace of Ethnic Communities, is currently underway at the White Pagoda Temple in Beijing. Offering a systematic display of extraordinary historical, cultural and artistic significance, the exhibition will run until Oct. 19.

    Visitors admire thangka artworks in the “Heavenly Colors of Nature: Thangka Art and Natural Pigments” exhibition at the White Pagoda Temple, Beijing, June 25, 2025. [Photo by Liao Jiaxin/China.org.cn] 

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    MIL OSI China News –

  • MIL-OSI China: S China’s Guangdong devoted to building industrial cluster for high-end equipment

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

    A staff member sets parameters before welding at Guangdong Lyric Robot Automation Co., Ltd. in Huizhou, south China’s Guangdong Province, June 27, 2025. [Photo/Xinhua]

    Guangdong Province has been bolstering its pivot cities including Guangzhou, Shenzhen, Foshan and Dongguan to engage in manufacturing intelligent equipment, an effort to build an industrial cluster for manufacturing high-end equipment. In 2024, the province’s operating revenue from the high-end equipment manufacturing reached 390.565 billion yuan (54.5 billion U.S. dollars) with the total profit standing at 18.873 billion yuan (2.63 billion U.S. dollars).

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    MIL OSI China News –

  • MIL-OSI China: China announces 26-man squad for EAFF E-1 Football Championship

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

    The Chinese Football Association (CFA) on Monday announced a 26-player roster for the upcoming East Asian Football Federation (EAFF) E-1 Football Championship, with four new players earning call-ups.

    The CFA has confirmed the dismissal of head coach Branko Ivankovic following China’s failure to qualify for the 2026 FIFA World Cup. Serbian coach Dejan Djurdjevic will serve as caretaker.

    Several veterans have been phased out and replaced by younger players. In goal, Yan Junling remains on the squad alongside two newcomers, Xue Qinghao and Yu Jinyong. Midfielders Kuai Jiwen and Liao Jintao, both of whom have delivered consistent performances in the Chinese Super League, received their first national team call-ups. All forwards named to the squad are familiar faces, having featured in World Cup qualifiers under Ivankovic.

    The EAFF E-1 Football Championship is scheduled for July 7-15, with China facing host South Korea in the opening match. 

    MIL OSI China News –

  • MIL-OSI China: China loses to Canada at 2025 Men’s Volleyball Nations League

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

    Jiang Chuan (R) of China spikes during the Pool 5 match between China and Canada at the Men’s Volleyball Nations League (VNL) 2025 in Chicago, the United States, June 29, 2025. [Photo/Xinhua]

    The Chinese team lost 3-0 to Canada in the 2025 Men’s Volleyball Nations League (VNL) Chicago leg on Sunday.

    In the first set, the two teams were tied from 1-1 to 12-12 before Canada pulled away with five straight points to lead 17-12. China closed the gap to 20-21 with blocks from Zhang Zhejia and Li Yongzhen and powerful attacks by Jiang Chuan. However, Canada held on to take the set 25-23 with strong serving and offense.

    China fell behind 4-7 in the second set but responded with four straight points to lead 8-7. The teams stayed close until 16-16, when Canada pulled ahead to win 25-20. China committed more errors, saw a drop in offensive efficiency, and struggled to contain Canada’s momentum.

    In the third set, China trailed 6-1 early but narrowed the gap to 8-7 before losing steam. Led by captain Jiang Chuan, the team rallied to 19-17, but Canada held on to win the set 25-23 and seal the match.

    Zhang Jingyin missed the match due to a knee injury, while Jiang Chuan returned to the starting lineup. China had opportunities to tie or take the lead in both the first and third sets but fell short in key moments.

    The team continues to face challenges with first-pass stability, quick-attack execution from middle blockers, and setter variation.

    Ranked 11th in the world, Canada holds a clear advantage over 24th-ranked China. This latest defeat marks China’s fourth straight loss to Canada, compounding a psychological disadvantage.

    Jiang expressed his frustration. “Losing four matches in the Chicago leg is a wake-up call. We need to change some things in the next leg and strive for better performance,” he said.

    “We didn’t play our best match. One or two players did a good job, a lot of players could not bring what they can do,” said China’s Belgian head coach Vital Heynen. “But (for sports) sometimes you don’t play as good as you are. We have to accept.”

    “Seeing our whole situation, injuries, putting players coming back, some players have to take a lot of loads who are not used to do that, and cannot always bring that, that’s normal,” Heynen said. “I blame myself and the team, like we together are not good enough.”

    “I think every match is so difficult for us. So we will try next week to win at least one match, to have at least a good ending of this VNL.”

    Five national teams from China, the United States, Brazil, Italy and Canada competed in the Chicago leg of the 2025 VNL. China lost all four of its matches.

    The VNL group stage spans three weeks, with Chicago hosting the second week. The third week will take place in Gdansk, Poland; Ljubljana, Slovenia; and the Kanto region of Japan. The finals are scheduled for July 30 to August 3 in Ningbo Beilun, east China’s Zhejiang Province. 

    MIL OSI China News –

  • MIL-OSI China: Beijing Guoan extends unbeaten run to go top of Chinese Super League

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

    Beijing Guoan extended its unbeaten run and took the lead in the Chinese Super League (CSL) with a hard-fought 2-1 home win over Yunnan Yukun on Monday night.

    Despite falling behind in the first half to a close-range finish from Yunnan forward Ye Chugui, Guoan mounted a strong second-half response. Fabio Abreu equalized in the 55th minute following an assist from Zhang Yuning, who later won a penalty that veteran midfielder Zhang Xizhe converted to seal the win.

    “I gave it my all,” Zhang Yuning said after the match. “Winning this game is our reward. Even though I didn’t score, I hope that my goal will come soon.”

    The match marked Guoan’s 400th appearance at the Workers’ Stadium. With the victory, Guoan moves level on 38 points with Shanghai Shenhua but sits atop the table with a superior goal difference.

    Looking ahead, Guoan faces Shenhua next. “We’re a bit fatigued, and we started a little slowly today,” Zhang added. “But this win has boosted our confidence. We believe we can take on any tough opponent at home.”

    Elsewhere in the CSL on Monday, Shandong Taishan squandered a two-goal lead to draw 2-2 with Henan FC, while Shanghai Port snatched a late winner to beat Shenzhen New Pengcheng 2-1. Zhejiang FC was the only side to draw a blank in Monday’s action, falling 1-0 to Dalian Yingbo. 

    MIL OSI China News –

  • MIL-OSI China: Defending champion Alcaraz labors to opening round win at Wimbledon

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

    Carlos Alcaraz reacts during the men’s singles first round match between Carlos Alcaraz of Spain and Fabio Fognini of Italy at Wimbledon Tennis Championship in London, Britain, June 30, 2025. [Photo/Xinhua]

    Men’s singles defending champion Carlos Alcaraz was dragged into a five-set marathon battle by Italy’s Fabio Fognini, as the Spaniard needed four hours and 37 minutes to progress from the first round at Wimbledon 7-5, 6-7(5) 7-5, 2-6, 6-1 here on Monday.

    Alcaraz, 22, struggled on his serve under the scorching sun, while 38-year-old Fognini, who was making his final Wimbledon appearance, showed great resilience and net skills.

    The world No. 2 was forced to play until the deciding set before extending his winning streak to 19 matches. The two-time defending champion will face British wildcard Oliver Tarvet in the second round.

    “I knew at the beginning that it was going to be really difficult playing against Fabio,” said Alcaraz who defended his French Open title earlier this month. “The talent that Fabio has is immense. In every match he can show his best tennis. I think today he has shown one of his best tennis.”

    Eighth seed Holger Rune of Denmark and ninth seed Daniil Medvedev were both knocked out of the first round.

    Rune lost to Nicolas Jarry of Chile 4-6, 4-6, 7-5, 6-3, 6-4, while Medvedev was defeated by France’s Benjamin Bonzi 7-6(2), 3-6, 7-6(3), 6-2.

    This is the first ever opening round exit for Medvedev at the grass-court Grand Slam.

    “I felt him playing very well. I felt like I didn’t play too bad. I don’t see much I could do better. I mean, it’s grass, so I could serve better on the tiebreak,” said the 29-year-old former US Open champion.

    In the women’s singles, top seed Aryna Sabalenka of Belarus saw off Canada’s Carson Branstine 6-1, 7-5 to set up a second round clash with Marie Bouzkova of the Czech Republic.

    Sabalenka admitted she met some challenges from her opponent as she could hardly read her serve.

    “I think the goal is to win as quickly, as easier as possible, so physically you’re more fresh in the next rounds. But I think it was really good for me to have this little fight in the second set just to see where my level is and if I’m mentally ready to fight,” said Sabalenka, who withdrew from Wimbledon last year due to a shoulder injury.

    But Sabalenka’s close friend Paula Badosa failed to reach the second round as the ninth seed from Spain was beaten by local favorite Katie Boulter 6-2, 3-6, 6-4.

    Chinese veteran Zhang Shuai, who entered the main draw by winning three qualifying matches, lost to Serbia’s Olga Danilovic 6-2, 6-4. Zhang’s compatriot Yuan Yue also exited after being defeated by Eva Lys of Germany, 6-4, 5-7, 6-2. 

    MIL OSI China News –

  • MIL-OSI China: No time for friendships as Luis Enrique’s PSG crush Messi’s Inter Miami in Club World Cup

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

    Lionel Messi (Front L) of Inter Miami CF competes during the round of 16 match between Paris Saint-Germain (FRA) and Inter Miami CF (USA) at the FIFA Club World Cup 2025 at the Mercedes-Benz Stadium, Atlanta, Georgia, the United States, June 29, 2025. [Photo/Xinhua]

    European champions Paris Saint-Germain highlighted the gulf in class between European and North American football on Sunday, as Luis Enrique’s side overwhelmed Lionel Messi’s Inter Miami 4-0 to book a place in the FIFA Club World Cup quarterfinals.

    PSG was simply much sharper than a rival that may have Messi as its standard-bearer, but is clearly not quick or strong enough to compete with the elite.

    The Inter Miami squad had a familiar look to PSG coach Luis Enrique, with five key figures from his time at FC Barcelona – Sergio Busquets, Jordi Alba, Luis Suarez and Messi – in the starting 11, and Javier Mascherano on the coaching staff.

    He may have known them well, but that didn’t mean Luis Enrique’s side showed any mercy.

    The problem for Inter was age. Busquets and Alba are both 36, while Messi and Suarez are 38. Although their talent and legacy are unquestioned, against Europe’s best, it wasn’t enough.

    Just three minutes into the match, goalkeeper Oscar Ustari was called into action to stop Bradley Barcola after a brilliant run by Khvicha Kvaratskhelia.

    It was only a matter of time. PSG opened the scoring in the sixth minute when Joao Neves ghosted in at the far post to head in Vitinha’s free kick.

    Fabian Ruiz had a goal ruled out, but with PSG completely overrunning its opponent, the second goal felt inevitable. It came in the 39th minute when Neves finished a smooth passing move set up by Ruiz.

    The third came five minutes later, just before halftime, when Tomas Aviles deflected Desire Doue’s drilled cross into his own net. In first-half stoppage time, PSG carved open Inter’s defense again, with Achraf Hakimi adding a fourth.

    With the result all but sealed, PSG eased off in the second half, giving the game a more open feel and allowing Messi a few flashes of activity. He forced a save from Gianluigi Donnarumma in the 80th minute with a header, while at the other end, Ustari tipped over a Barcola shot in a half that did little to change the outcome. 

    MIL OSI China News –

  • MIL-OSI China: Symphony concert held to mark 104th founding anniversary of CPC

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

    Symphony concert held to mark 104th founding anniversary of CPC

    Xinhua | July 1, 2025

    A symphony concert was held at the Museum of the Communist Party of China (CPC) in Beijing on Monday night to celebrate the 104th anniversary of the founding of the CPC, which falls on Tuesday.

    Around 800 people attended the event, including recipients of major national honorary medals and titles, outstanding grassroots CPC members, and members of the public from all walks of life.

    It featured 17 musical works with themes of honoring history, remembering the martyrs, cherishing peace, striving for a better future, and celebrating ethnic solidarity and harmony.

    This year marks the 80th anniversary of the victory of the Chinese People’s War of Resistance Against Japanese Aggression and the World Anti-Fascist War, and several selections were performed to commemorate the occasion.

    Multiple orchestras and institutions, such as the China National Symphony Orchestra, the China National Opera and Dance Drama Theater, the China National Opera House, and the National Ballet of China, participated in the performance.

    The concert was co-hosted by the Publicity Department of the CPC Central Committee, the Ministry of Culture and Tourism and the China Media Group (CMG), and will also be broadcast during prime time on CMG channels on Tuesday. 

    MIL OSI China News –

  • MIL-OSI China: China to set up first international association on deep-space exploration

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

    China will officially launch the International Deep Space Exploration Association (IDSEA) next Monday, with a particular aim of empowering other developing countries in developing deep-space technologies.

    Located in Hefei, Anhui Province, the association will be the nation’s first international academic organization in the aerospace domain, capitalizing on the growing global interest in China’s lunar and Mars missions.

    The IDSEA will focus on deep-space study, which includes probes into the moon, other planets and asteroids, and promote international cooperation, according to the Hefei-based Deep Space Exploration Laboratory, one of the association’s five initiators.

    Wang Zhongmin, director of the lab’s international cooperation center, said the IDSEA aims to become an inclusive academic platform that will benefit developing countries in particular.

    “We hope to bring in as many developing countries as possible, and by initiating small yet impactful programs, such as on CubeSat design and training of scientists, we hope to enable these nations to access cutting-edge space technologies that once seemed far beyond their reach,” he said.

    Deep-space exploration has long been limited to a few countries due to its high thresholds of capital, technologies and talents. “The vast majority of countries may see a technological monopoly. Deep space technologies must move out of the small circle to benefit the whole of humanity,” Wang said.

    Despite being a latecomer to outer space exploration, China has rapidly emerged as a prominent player in this field while demonstrating its commitment to cooperating with other nations.

    In April, China announced that seven institutions from six countries — France, Germany, Japan, Pakistan, the United Kingdom, and the United States — have been authorized to borrow lunar samples collected by China’s Chang’e-5 mission for scientific research.

    China has also invited global partners to participate in its Mars missions. The country plans to launch the Tianwen-3 Mars sample-return mission around 2028, with the primary scientific goal of searching for signs of life on Mars. The retrieval of samples from Mars, the first of its kind in human history, is considered the most technically challenging space exploration mission since the Apollo program. 

    MIL OSI China News –

  • MIL-OSI: EUR 150 million share buyback completed

    Source: GlobeNewswire (MIL-OSI)

    Schiphol, July 1, 2025 – Aegon today announces the completion of its EUR 150 million share buyback program that began on January 13, 2025.

    Between January 13, 2025, and June 30, 2025, 25,200,170 common shares were repurchased for a total amount of EUR 150 million at an average price of EUR 5.9641 per share. Aegon will use 6,720,045 common shares to meet its obligations resulting from share-based compensation plans for senior management and cancel the remainder of the repurchased shares in the second half of 2025.

    For further details, visit our share buyback updates page at aegon.com.

    Contacts

    About Aegon
    Aegon is an international financial services holding company. Aegon’s ambition is to build leading businesses that offer their customers investment, protection, and retirement solutions. Aegon’s portfolio of businesses includes fully owned businesses in the United States and United Kingdom, and a global asset manager. Aegon also creates value by combining its international expertise with strong local partners via insurance joint-ventures in Spain & Portugal, China, and Brazil, and via asset management partnerships in France and China. In addition, Aegon owns a Bermuda-based life insurer and generates value via a strategic shareholding in a market leading Dutch insurance and pensions company.

    Aegon’s purpose of helping people live their best lives runs through all its activities. As a leading global investor and employer, Aegon seeks to have a positive impact by addressing critical environmental and societal issues. Aegon is headquartered in Schiphol, the Netherlands, domiciled in Bermuda, and listed on Euronext Amsterdam and the New York Stock Exchange. More information can be found at aegon.com.

    Forward-looking statements
    The statements contained in this document that are not historical facts are forward-looking statements as defined in the US Private Securities Litigation Reform Act of 1995. The following are words that identify such forward-looking statements: aim, believe, estimate, target, intend, may, expect, anticipate, predict, project, counting on, plan, continue, want, forecast, goal, should, would, could, is confident, will, and similar expressions as they relate to Aegon. These statements may contain information about financial prospects, economic conditions and trends and involve risks and uncertainties. In addition, any statements that refer to sustainability, environmental and social targets, commitments, goals, efforts and expectations and other events or circumstances that are partially dependent on future events are forward-looking statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Aegon undertakes no obligation, and expressly disclaims any duty, to publicly update or revise any forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which merely reflect company expectations at the time of writing. Actual results may differ materially and adversely from expectations conveyed in forward-looking statements due to changes caused by various risks and uncertainties. Such risks and uncertainties include but are not limited to the following:

    • Changes in general economic and/or governmental conditions, particularly in Bermuda, the United States, the United Kingdom and in relation to Aegon’s shareholding in ASR Nederland N.V. and asset management business, the Netherlands;
    • Civil unrest, (geo-) political tensions, military action or other instability in countries or geographic regions that affect our operations or that affect global markets;
    • Changes in the performance of financial markets, including emerging markets, such as with regard to:         
      • The frequency and severity of defaults by issuers in Aegon’s fixed income investment portfolios;
      • The effects of corporate bankruptcies and/or accounting restatements on the financial markets and the resulting decline in the value of equity and debt securities Aegon holds;
      • The effects of declining creditworthiness of certain public sector securities and the resulting decline in the value of government exposure that Aegon holds;
      • The impact from volatility in credit, equity, and interest rates;
    • Changes in the performance of Aegon’s investment portfolio and decline in ratings of Aegon’s counterparties;
    • The effect of tariffs and potential trade wars on trading markets and on economic growth, globally and in the markets where Aegon operates.
    • Lowering of one or more of Aegon’s debt ratings issued by recognized rating organizations and the adverse impact such action may have on Aegon’s ability to raise capital and on its liquidity and financial condition;
    • Lowering of one or more of insurer financial strength ratings of Aegon’s insurance subsidiaries and the adverse impact such action may have on the written premium, policy retention, profitability and liquidity of its insurance subsidiaries;
    • The effect of applicable Bermuda solvency requirements, the European Union’s Solvency II requirements, and applicable equivalent solvency requirements and other regulations in other jurisdictions affecting the capital Aegon is required to maintain and our ability to pay dividends;
    • Changes in the European Commissions’ or European regulator’s position on the equivalence of the supervisory regime for insurance and reinsurance undertakings in force in Bermuda;
    • Changes affecting interest rate levels and low or rapidly changing interest rate levels;
    • Changes affecting currency exchange rates, in particular the EUR/USD and EUR/GBP exchange rates;
    • The effects of global inflation, or inflation in the markets where Aegon operates;
    • Changes in the availability of, and costs associated with, liquidity sources such as bank and capital markets funding, as well as conditions in the credit markets in general such as changes in borrower and counterparty creditworthiness;
    • Increasing levels of competition, particularly in the United States, the United Kingdom, emerging markets and in relation to Aegon’s shareholding in ASR Nederland N.V. and asset management business, the Netherlands;
    • Catastrophic events, either manmade or by nature, including by way of example acts of God, acts of terrorism, acts of war and pandemics, could result in material losses and significantly interrupt Aegon’s business;
    • The frequency and severity of insured loss events;
    • Changes affecting longevity, mortality, morbidity, persistence and other factors that may impact the profitability of Aegon’s insurance products and management of derivatives;
    • Aegon’s projected results are highly sensitive to complex mathematical models of financial markets, mortality, longevity, and other dynamic systems subject to shocks and unpredictable volatility. Should assumptions to these models later prove incorrect, or should errors in those models escape the controls in place to detect them, future performance will vary from projected results;
    • Reinsurers to whom Aegon has ceded significant underwriting risks may fail to meet their obligations;
    • Changes in customer behavior and public opinion in general related to, among other things, the type of products Aegon sells, including legal, regulatory or commercial necessity to meet changing customer expectations;
    • Customer responsiveness to both new products and distribution channels;
    • Third-party information used by us may prove to be inaccurate and change over time as methodologies and data availability and quality continue to evolve impacting our results and disclosures;
    • As Aegon’s operations support complex transactions and are highly dependent on the proper functioning of information technology, operational risks such as system disruptions or failures, security or data privacy breaches, cyberattacks, human error, failure to safeguard personally identifiable information, changes in operational practices or inadequate controls including with respect to third parties with which Aegon does business, may disrupt Aegon’s business, damage its reputation and adversely affect its results of operations, financial condition and cash flows;
    • Aegon’s failure to swiftly, effectively, and securely adapt and integrate emerging technologies;
    • The impact of acquisitions and divestitures, restructurings, product withdrawals and other unusual items, including Aegon’s ability to complete, or obtain regulatory approval for, acquisitions and divestitures, integrate acquisitions, and realize anticipated results from such transactions, and its ability to separate businesses as part of divestitures;
    • Aegon’s failure to achieve anticipated levels of earnings or operational efficiencies, as well as other management initiatives related to cost savings, Cash Capital at Holding, gross financial leverage and free cash flow;
    • Changes in the policies of central banks and/or governments;
    • Litigation or regulatory action that could require Aegon to pay significant damages or change the way Aegon does business;
    • Competitive, legal, regulatory, or tax changes that affect profitability, the distribution cost of or demand for Aegon’s products;
    • Consequences of an actual or potential break-up of the European Monetary Union in whole or in part, or further consequences of the exit of the United Kingdom from the European Union and potential consequences if other European Union countries leave the European Union;
    • Changes in laws and regulations, or the interpretation thereof by regulators and courts, including as a result of comprehensive reform or shifts away from multilateral approaches to regulation of global or national operations, particularly regarding those laws and regulations related to ESG matters, those affecting Aegon’s operations’ ability to hire and retain key personnel, taxation of Aegon companies, the products Aegon sells, the attractiveness of certain products to its consumers and Aegon’s intellectual property;
    • Regulatory changes relating to the pensions, investment, insurance industries and enforcing adjustments in the jurisdictions in which Aegon operates;
    • Standard setting initiatives of supranational standard setting bodies such as the Financial Stability Board and the International Association of Insurance Supervisors or changes to such standards that may have an impact on regional (such as EU), national (such as Bermuda) or US federal or state level financial regulation or the application thereof to Aegon;
    • Changes in accounting regulations and policies or a change by Aegon in applying such regulations and policies, voluntarily or otherwise, which may affect Aegon’s reported results, shareholders’ equity or regulatory capital adequacy levels;
    • The rapidly changing landscape for ESG responsibilities, leading to potential challenges by private parties and governmental authorities, and/or changes in ESG standards and requirements, including assumptions, methodology and materiality, or a change by Aegon in applying such standards and requirements, voluntarily or otherwise, may affect Aegon’s ability to meet evolving standards and requirements, or Aegon’s ability to meet its sustainability and ESG-related goals, or related public expectations, which may also negatively affect Aegon’s reputation or the reputation of its board of directors or its management;
    • Unexpected delays, difficulties, and expenses in executing against Aegon’s environmental, climate, or other ESG targets, goals and commitments, and changes in laws or regulations affecting us, such as changes in data privacy, environmental, health and safety laws; and
    • Reliance on third-party information in certain of Aegon’s disclosures, which may change over time as methodologies and data availability and quality continue to evolve. These factors, as well as any inaccuracies in third-party information used by Aegon, including in estimates or assumptions, may cause results to differ materially and adversely from statements, estimates, and beliefs made by Aegon or third-parties. Moreover, Aegon’s disclosures based on any standards may change due to revisions in framework requirements, availability of information, changes in its business or applicable governmental policies, or other factors, some of which may be beyond Aegon’s control. Additionally, Aegon’s discussion of various ESG and other sustainability issues in this document or in other locations, including on our corporate website, may be informed by the interests of various stakeholders, as well as various ESG standards, frameworks, and regulations (including for the measurement and assessment of underlying data). As such, our disclosures on such issues, including climate-related disclosures, may include information that is not necessarily “material” under US securities laws for SEC reporting purposes, even if we use words such as “material” or “materiality” in relation to those statements. ESG expectations continue to evolve, often quickly, including for matters outside of our control; our disclosures are inherently dependent on the methodology (including any related assumptions or estimates) and data used, and there can be no guarantee that such disclosures will necessarily reflect or be consistent with the preferred practices or interpretations of particular stakeholders, either currently or in future.

    This document contains information that qualifies, or may qualify, as inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation (596/2014). Further details of potential risks and uncertainties affecting Aegon are described in its filings with the Netherlands Authority for the Financial Markets and the US Securities and Exchange Commission, including the 2024 Integrated Annual Report. These forward-looking statements speak only as of the date of this document. Except as required by any applicable law or regulation, Aegon expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Aegon’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

    Attachment

    The MIL Network –

  • MIL-OSI: EUR 200 million share buyback begins

    Source: GlobeNewswire (MIL-OSI)

    Schiphol, July 1, 2025 – Aegon today begins a EUR 200 million share buyback that was announced on May 16, 2025. The share buyback is expected to be completed by December 15, 2025, barring unforeseen circumstances.

    Aegon has entered into an agreement with its largest shareholder, Vereniging Aegon, to participate in the new EUR 200 million share buyback program. Vereniging Aegon will participate pro-rata in the share buyback program based on its combined common shares and common shares B which represent about 18.4% of the total shareholders’ voting rights that are currently exercisable. This results in a buyback amount of EUR 37 million. The number of common shares that Aegon will repurchase from Vereniging Aegon will be determined based on the daily volume-weighted average price per common share on Euronext Amsterdam.

    Aegon will engage a third party to execute the buyback transactions on its behalf. The common shares will be repurchased at a maximum of the average of the daily volume-weighted average price per common share during the repurchase period. Aegon intends to cancel the shares it repurchases during this share buyback program.

    The share buyback program will be executed in compliance with the EU’s Market Abuse Regulation and within the limitations of the existing authority as granted by our shareholders at our annual general meeting held on June 12, 2025. For further details, visit our share buyback updates page at aegon.com.

    Contacts

    About Aegon
    Aegon is an international financial services holding company. Aegon’s ambition is to build leading businesses that offer their customers investment, protection, and retirement solutions. Aegon’s portfolio of businesses includes fully owned businesses in the United States and United Kingdom, and a global asset manager. Aegon also creates value by combining its international expertise with strong local partners via insurance joint-ventures in Spain & Portugal, China, and Brazil, and via asset management partnerships in France and China. In addition, Aegon owns a Bermuda-based life insurer and generates value via a strategic shareholding in a market leading Dutch insurance and pensions company.

    Aegon’s purpose of helping people live their best lives runs through all its activities. As a leading global investor and employer, Aegon seeks to have a positive impact by addressing critical environmental and societal issues. Aegon is headquartered in Schiphol, the Netherlands, domiciled in Bermuda, and listed on Euronext Amsterdam and the New York Stock Exchange. More information can be found at aegon.com.

    Forward-looking statements
    The statements contained in this document that are not historical facts are forward-looking statements as defined in the US Private Securities Litigation Reform Act of 1995. The following are words that identify such forward-looking statements: aim, believe, estimate, target, intend, may, expect, anticipate, predict, project, counting on, plan, continue, want, forecast, goal, should, would, could, is confident, will, and similar expressions as they relate to Aegon. These statements may contain information about financial prospects, economic conditions and trends and involve risks and uncertainties. In addition, any statements that refer to sustainability, environmental and social targets, commitments, goals, efforts and expectations and other events or circumstances that are partially dependent on future events are forward-looking statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Aegon undertakes no obligation, and expressly disclaims any duty, to publicly update or revise any forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which merely reflect company expectations at the time of writing. Actual results may differ materially and adversely from expectations conveyed in forward-looking statements due to changes caused by various risks and uncertainties. Such risks and uncertainties include but are not limited to the following:

    • Changes in general economic and/or governmental conditions, particularly in Bermuda, the United States, the United Kingdom and in relation to Aegon’s shareholding in ASR Nederland N.V. and asset management business, the Netherlands;
    • Civil unrest, (geo-) political tensions, military action or other instability in countries or geographic regions that affect our operations or that affect global markets;
    • Changes in the performance of financial markets, including emerging markets, such as with regard to:         
      • The frequency and severity of defaults by issuers in Aegon’s fixed income investment portfolios;
      • The effects of corporate bankruptcies and/or accounting restatements on the financial markets and the resulting decline in the value of equity and debt securities Aegon holds;
      • The effects of declining creditworthiness of certain public sector securities and the resulting decline in the value of government exposure that Aegon holds;
      • The impact from volatility in credit, equity, and interest rates;
    • Changes in the performance of Aegon’s investment portfolio and decline in ratings of Aegon’s counterparties;
    • The effect of tariffs and potential trade wars on trading markets and on economic growth, globally and in the markets where Aegon operates.
    • Lowering of one or more of Aegon’s debt ratings issued by recognized rating organizations and the adverse impact such action may have on Aegon’s ability to raise capital and on its liquidity and financial condition;
    • Lowering of one or more of insurer financial strength ratings of Aegon’s insurance subsidiaries and the adverse impact such action may have on the written premium, policy retention, profitability and liquidity of its insurance subsidiaries;
    • The effect of applicable Bermuda solvency requirements, the European Union’s Solvency II requirements, and applicable equivalent solvency requirements and other regulations in other jurisdictions affecting the capital Aegon is required to maintain and our ability to pay dividends;
    • Changes in the European Commissions’ or European regulator’s position on the equivalence of the supervisory regime for insurance and reinsurance undertakings in force in Bermuda;
    • Changes affecting interest rate levels and low or rapidly changing interest rate levels;
    • Changes affecting currency exchange rates, in particular the EUR/USD and EUR/GBP exchange rates;
    • The effects of global inflation, or inflation in the markets where Aegon operates;
    • Changes in the availability of, and costs associated with, liquidity sources such as bank and capital markets funding, as well as conditions in the credit markets in general such as changes in borrower and counterparty creditworthiness;
    • Increasing levels of competition, particularly in the United States, the United Kingdom, emerging markets and in relation to Aegon’s shareholding in ASR Nederland N.V. and asset management business, the Netherlands;
    • Catastrophic events, either manmade or by nature, including by way of example acts of God, acts of terrorism, acts of war and pandemics, could result in material losses and significantly interrupt Aegon’s business;
    • The frequency and severity of insured loss events;
    • Changes affecting longevity, mortality, morbidity, persistence and other factors that may impact the profitability of Aegon’s insurance products and management of derivatives;
    • Aegon’s projected results are highly sensitive to complex mathematical models of financial markets, mortality, longevity, and other dynamic systems subject to shocks and unpredictable volatility. Should assumptions to these models later prove incorrect, or should errors in those models escape the controls in place to detect them, future performance will vary from projected results;
    • Reinsurers to whom Aegon has ceded significant underwriting risks may fail to meet their obligations;
    • Changes in customer behavior and public opinion in general related to, among other things, the type of products Aegon sells, including legal, regulatory or commercial necessity to meet changing customer expectations;
    • Customer responsiveness to both new products and distribution channels;
    • Third-party information used by us may prove to be inaccurate and change over time as methodologies and data availability and quality continue to evolve impacting our results and disclosures;
    • As Aegon’s operations support complex transactions and are highly dependent on the proper functioning of information technology, operational risks such as system disruptions or failures, security or data privacy breaches, cyberattacks, human error, failure to safeguard personally identifiable information, changes in operational practices or inadequate controls including with respect to third parties with which Aegon does business, may disrupt Aegon’s business, damage its reputation and adversely affect its results of operations, financial condition and cash flows;
    • Aegon’s failure to swiftly, effectively, and securely adapt and integrate emerging technologies;
    • The impact of acquisitions and divestitures, restructurings, product withdrawals and other unusual items, including Aegon’s ability to complete, or obtain regulatory approval for, acquisitions and divestitures, integrate acquisitions, and realize anticipated results from such transactions, and its ability to separate businesses as part of divestitures;
    • Aegon’s failure to achieve anticipated levels of earnings or operational efficiencies, as well as other management initiatives related to cost savings, Cash Capital at Holding, gross financial leverage and free cash flow;
    • Changes in the policies of central banks and/or governments;
    • Litigation or regulatory action that could require Aegon to pay significant damages or change the way Aegon does business;
    • Competitive, legal, regulatory, or tax changes that affect profitability, the distribution cost of or demand for Aegon’s products;
    • Consequences of an actual or potential break-up of the European Monetary Union in whole or in part, or further consequences of the exit of the United Kingdom from the European Union and potential consequences if other European Union countries leave the European Union;
    • Changes in laws and regulations, or the interpretation thereof by regulators and courts, including as a result of comprehensive reform or shifts away from multilateral approaches to regulation of global or national operations, particularly regarding those laws and regulations related to ESG matters, those affecting Aegon’s operations’ ability to hire and retain key personnel, taxation of Aegon companies, the products Aegon sells, the attractiveness of certain products to its consumers and Aegon’s intellectual property;
    • Regulatory changes relating to the pensions, investment, insurance industries and enforcing adjustments in the jurisdictions in which Aegon operates;
    • Standard setting initiatives of supranational standard setting bodies such as the Financial Stability Board and the International Association of Insurance Supervisors or changes to such standards that may have an impact on regional (such as EU), national (such as Bermuda) or US federal or state level financial regulation or the application thereof to Aegon;
    • Changes in accounting regulations and policies or a change by Aegon in applying such regulations and policies, voluntarily or otherwise, which may affect Aegon’s reported results, shareholders’ equity or regulatory capital adequacy levels;
    • The rapidly changing landscape for ESG responsibilities, leading to potential challenges by private parties and governmental authorities, and/or changes in ESG standards and requirements, including assumptions, methodology and materiality, or a change by Aegon in applying such standards and requirements, voluntarily or otherwise, may affect Aegon’s ability to meet evolving standards and requirements, or Aegon’s ability to meet its sustainability and ESG-related goals, or related public expectations, which may also negatively affect Aegon’s reputation or the reputation of its board of directors or its management;
    • Unexpected delays, difficulties, and expenses in executing against Aegon’s environmental, climate, or other ESG targets, goals and commitments, and changes in laws or regulations affecting us, such as changes in data privacy, environmental, health and safety laws; and
    • Reliance on third-party information in certain of Aegon’s disclosures, which may change over time as methodologies and data availability and quality continue to evolve. These factors, as well as any inaccuracies in third-party information used by Aegon, including in estimates or assumptions, may cause results to differ materially and adversely from statements, estimates, and beliefs made by Aegon or third-parties. Moreover, Aegon’s disclosures based on any standards may change due to revisions in framework requirements, availability of information, changes in its business or applicable governmental policies, or other factors, some of which may be beyond Aegon’s control. Additionally, Aegon’s discussion of various ESG and other sustainability issues in this document or in other locations, including on our corporate website, may be informed by the interests of various stakeholders, as well as various ESG standards, frameworks, and regulations (including for the measurement and assessment of underlying data). As such, our disclosures on such issues, including climate-related disclosures, may include information that is not necessarily “material” under US securities laws for SEC reporting purposes, even if we use words such as “material” or “materiality” in relation to those statements. ESG expectations continue to evolve, often quickly, including for matters outside of our control; our disclosures are inherently dependent on the methodology (including any related assumptions or estimates) and data used, and there can be no guarantee that such disclosures will necessarily reflect or be consistent with the preferred practices or interpretations of particular stakeholders, either currently or in future.

    This document contains information that qualifies, or may qualify, as inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation (596/2014). Further details of potential risks and uncertainties affecting Aegon are described in its filings with the Netherlands Authority for the Financial Markets and the US Securities and Exchange Commission, including the 2024 Integrated Annual Report. These forward-looking statements speak only as of the date of this document. Except as required by any applicable law or regulation, Aegon expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Aegon’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

    Attachment

    The MIL Network –

  • MIL-OSI Russia: China Southern Airlines Launches Direct Guangzhou-Tashkent Flights

    Translation. Region: Russian Federal

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

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

    GUANGZHOU, July 1 (Xinhua) — China Southern Airlines launched a direct flight route Monday linking Guangzhou, capital of southern China’s Guangdong Province, with the capital of Uzbekistan, the airline said.

    Flights numbered CZ3053/CZ3054 will operate on the new route three times a week: Guangzhou-Tashkent on Mondays, Fridays and Sundays, and Tashkent-Guangzhou on Mondays, Tuesdays and Saturdays.

    The wide-body A330-300 will depart from Guangzhou at 19:35 Beijing time and arrive in Tashkent at 23:50 local time. In the opposite direction, the plane will depart at 01:30 local time and land at Guangzhou Baiyun International Airport at 10:55 Beijing time.

    Travel time from Guangzhou to Tashkent is 7 hours 15 minutes, and the return journey is 6 hours 25 minutes.

    Earlier, China Southern Airlines launched direct flights Beijing/Daxing/-Tashkent, Urumqi-Tashkent and Urumqi-Samarkand, bringing the frequency of flights in both directions on these four routes operated by the airline to 18 per week.

    China Southern Airlines said the airline has actively responded to the Belt and Road Initiative and is constantly expanding its “Air Silk Road”.

    The opening of the Guangzhou-Tashkent flight will give a new impetus to transportation during the peak summer season this year, the air carrier said in a statement. -0-

    MIL OSI Russia News –

  • MIL-OSI Russia: China Allocates $3.08 Billion in New QDII Quotas

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian –

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

    BEIJING, July 1 (Xinhua) — China’s State Administration of Foreign Exchange (SAFE) recently allocated investment quotas totaling $3.08 billion to qualified domestic institutional investors (QDIIs) to meet demand for overseas asset allocation, according to a statement released Monday.

    The allocation of new quotas is aimed at further supporting the QDII institution in carrying out cross-border investment activities in accordance with laws and regulations. Based on the principle of effective risk prevention, such a step is aimed at satisfying the reasonable needs of domestic residents for foreign investment, the GUVK said in a statement.

    The QDII program is a key institutional mechanism for opening up China’s financial market. It allows eligible domestic financial institutions to transfer both RMB and foreign currency overseas within set quotas to make investments in overseas financial markets.

    “Under the current stable and positive conditions in the foreign exchange market, the provision of quotas at an appropriate time can orderly meet the legitimate investment needs of market participants and promote the healthy development of the QDII system,” the department said in a statement.

    As follows from the same document, in the process of allocating quotas, such factors as the scale of asset management, as well as internal control and compliance with the requirements of QDII institutions are comprehensively taken into account. -0-

    MIL OSI Russia News –

  • MIL-OSI Russia: D. Trump signs executive order to end sanctions on Syria — White House

    Translation. Region: Russian Federal

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

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

    WASHINGTON, June 30 (Xinhua) — U.S. President Donald Trump signed an executive order on Monday to end sanctions on Syria, the White House website reported.

    D. Trump “signed a historic executive order ending the sanctions program on Syria to support the country’s path to stability and peace,” the White House said in a statement.

    “The order lifts sanctions on Syria while leaving sanctions in place on Bashar al-Assad… The order authorizes the easing of export controls on certain items and lifts restrictions on certain foreign assistance to Syria,” the White House said.

    The order instructs US Secretary of State Marco Rubio to “explore ways to ease sanctions at the UN to support stability in Syria.” –0–

    MIL OSI Russia News –

  • MIL-OSI Russia: Death toll from Israeli strike on Tehran prison rises to 79

    Translation. Region: Russian Federal

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

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

    TEHRAN, July 1 (Xinhua) — The death toll from the recent Israeli strike on Tehran’s Evin prison has risen to 79, Tasnim news agency reported on Monday, citing Iranian judiciary spokesman Asghar Jahangir.

    According to him, the victims of the attack included prison staff, prisoners, visiting relatives and residents of nearby houses, and several others were injured.

    A. Jahangir said that as a result of Israeli strikes on Iran between June 13 and 24, 935 Iranians were killed, including 38 children and 132 women.

    On June 13, Israel launched a series of massive airstrikes on nuclear and military sites in the Islamic Republic, killing military leaders, nuclear scientists and civilians. Iran responded with several missile and drone attacks on Israel.

    On June 24, a ceasefire agreement was reached between the two countries, ending the 12-day standoff. –0–

    MIL OSI Russia News –

  • MIL-OSI Russia: Türkiye to host NATO summit in 2026 – R.T. Erdogan

    Translation. Region: Russian Federal

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

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

    ANKARA, July 1 (Xinhua) — Türkiye will host the 2026 NATO leaders’ summit in its capital Ankara, President Recep Tayyip Erdogan said on Monday.

    “I hope that Turkey will host the NATO summit in July 2026. We will host NATO leaders in our capital Ankara and prepare the ground for making very important decisions,” he said at a press conference following the cabinet meeting.

    The president spoke at length about Turkey’s participation in the recent NATO summit held in The Hague on June 24-25, during which he stressed the need to lift trade restrictions in the defense industry within the bloc.

    “We have reflected in the alliance documents our readiness to remove barriers to trade in defense products,” Erdogan said, adding that he discussed the humanitarian crisis in Gaza both in closed sessions and in bilateral meetings with other leaders.

    The President stressed that Türkiye remains committed to actively promoting NATO unity and effectiveness, while continuing to raise humanitarian issues on global platforms.

    Türkiye has been a member of NATO since 1952 and hosts the headquarters of NATO’s ground forces. –0–

    MIL OSI Russia News –

  • MIL-OSI China: China’s bond market issuances reach 7.2 trillion yuan in May

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

    People walk on an overpass in Lujiazui, a finance zone in Shanghai, east China, Nov. 3, 2023. [Photo/Xinhua]

    Bond issuances in China neared 7.2 trillion yuan (about 1 trillion U.S. dollars) in May this year, data from the country’s central bank shows.

    Specifically, issuances of treasury bonds came in at 1.49 trillion yuan, while local government bond issuances amounted to 779.44 billion yuan, according to the People’s Bank of China.

    Financial bond issuances stood at 1.22 trillion yuan, and corporate credit bond issuances reached 902.27 billion yuan.

    Outstanding bonds held in custody came in at 187.2 trillion yuan at the end of May. 

    MIL OSI China News –

  • MIL-OSI China: China firmly opposes forced closure of Hikvision’s business in Canada

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

    China is strongly dissatisfied with and firmly opposes Canada’s order to cease the operations of Chinese firm Hikvision in Canada, the Ministry of Commerce said Monday.

    China has noticed that the Canadian side has forcibly ceased Hikvision’s operations in Canada and banned Canadian government departments from purchasing or using Hikvision products under the pretext of “national security,” a spokesperson with the ministry said.

    The Canadian side’s so-called national security review lacks transparency and produces uncertain outcomes, the spokesperson said, calling it a typical act of overstretching the concept of national security.

    “Such a move undermines the legitimate rights and interests of Chinese enterprises, erodes the confidence for business cooperation between the both sides, and sabotages the normal economic and trade relations between the two countries,” the spokesperson added.

    China urges Canada to immediately rectify its erroneous actions, stop politicizing and overstretching the concept of national security in economic and trade issues, and provide an open, fair, just and non-discriminatory environment for businesses from all countries, including Chinese enterprises, to invest and operate in Canada, the spokesperson noted.

    China will take necessary measures to resolutely defend the legitimate rights and interests of Chinese enterprises, the spokesperson said.

    MIL OSI China News –

  • Indian stock market opens higher, Nifty above 25,500

    Source: Government of India

    Source: Government of India (4)

    The Indian benchmark indices opened higher on Tuesday amid positive global cues, with buying seen in the auto and IT sectors in early trade.

    At around 9:26 a.m., the Sensex was trading 188.66 points, or 0.23 per cent, higher at 83,795.12, while the Nifty rose 54.80 points, or 0.21 per cent, to 25,571.85.

    According to analysts, with US markets hitting new record highs, the mood in global equities remains upbeat, and West Asian geopolitical tensions are no longer perceived as a threat to the global economy.

    “Going forward, the market is likely to be influenced by developments on the tariff front. An India-US trade deal will be positive, but if it does not materialise, the market is likely to be impacted,” said Dr. V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

    The Nifty Bank index was up 51.95 points, or 0.09 per cent, at 57,364.70 in early trade. The Nifty Midcap 100 index was trading at 59,887.65 after adding 146.45 points, or 0.25 per cent. The Nifty Smallcap 100 index rose 52.50 points, or 0.28 per cent, to 19,127.60.

    Experts noted that the Nifty’s short-term trend remains positive, as it continues to hold above its nearest moving average support, the 5-day EMA.

    “The Nifty has partially filled the gap in the 25,640–25,740 range that was formed on October 3, 2024. Any move and close above 25,740 would negate this gap resistance and could potentially extend the Nifty’s upward rally towards the 26,000 mark. Immediate support for the Nifty comes in at 25,400,” said Devarsh Vakil, Head of Prime Research at HDFC Securities.

    In the Sensex pack, Asian Paints, BEL, Bharti Airtel, HDFC Bank, PowerGrid, ITC, HCL Tech, Tata Motors, and Hindustan Unilever Limited were among the top gainers. Axis Bank, Trent, Tata Steel, Sun Pharma, Tech Mahindra, Maruti Suzuki, and Eternal were the top laggards.

    Experts said that the strong fundamentals of the Indian economy could attract increased fund flows into Indian equities. Sustained weakness in the dollar (with the dollar index now at 96.81) means the likelihood of heavy selling by foreign institutional investors (FIIs) is low; they may even continue to buy despite high valuations.

    FIIs were net sellers on June 30, offloading equities worth Rs 831.50 crore, while domestic institutional investors (DIIs) remained net buyers, purchasing equities worth Rs 3,497.44 crore.

    In Asian markets, China, Bangkok, Seoul, and Jakarta were trading in the green, while Japan was the only market trading in the red.

    In the previous trading session, the Dow Jones in the US closed at 44,094.77, up 275.50 points, or 0.63 per cent. The S&P 500 ended with a gain of 31.87 points, or 0.52 per cent, at 6,204.94, while the Nasdaq closed at 20,369.73, up 96.27 points, or 0.47 per cent.

    —IANS

  • MIL-OSI Russia: Heat and rain to hit Chinese capital

    Translation. Region: Russian Federal

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

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

    BEIJING, July 1 (Xinhua) — Hot and rainy weather is forecast for Beijing this week, with the capital’s meteorological administration warning of frequent showers, thunderstorms and high humidity across the city.

    Significant amounts of precipitation are expected from midnight Monday through midday Tuesday. Temperatures will rise steadily from Thursday, with a combination of heat and humidity making the weather particularly muggy, according to a statement from the city’s weather service.

    This weather is caused by a warm and humid front coming from the periphery of a subtropical anticyclone, which leads to daily changes in the amount of precipitation, as well as the time and place of its fall. Local showers and strong winds are also expected.

    Forecasters recommend that city residents monitor weather forecasts and plan trips, taking into account the dangerous nature of adverse weather conditions, including heavy rains, thunderstorms and strong winds. -0-

    MIL OSI Russia News –

  • MIL-OSI Russia: Two rockets hit airbase in northern Iraq

    Translation. Region: Russian Federal

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

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

    BAGHDAD, July 1 (Xinhua) — Two rockets hit an air base in the northern Iraqi city of Kirkuk on Monday evening, leaving no casualties, the Iraqi News Agency reported, citing a senior security source.

    According to him, two Katyusha rockets were fired towards the airbase – one fell between the airfield’s runways, and the other hit a nearby residential building.

    “The attack did not cause any casualties or damage,” the source said, adding that no group had yet claimed responsibility for the incident. -0-

    MIL OSI Russia News –

  • MIL-OSI Russia: Death toll from Israeli strike on Gaza cafe rises to 34 – sources

    Translation. Region: Russian Federal

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

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

    GAZA, July 1 (Xinhua) — The death toll from an Israeli airstrike on a beach cafe in Gaza City has risen to 34, Palestinian medical and security sources said Monday.

    A brief statement from al-Shifa hospital said most of the dead were women and children. The injured and the bodies of the victims were taken to the hospital after the attack.

    According to eyewitnesses, the cafe, located in the western part of the al-Shati refugee camp, was often used by journalists and civilians to access the internet.

    Security officials and Palestinian eyewitnesses told Xinhua that the Israeli aircraft fired at least one missile at the target.

    Among those killed was journalist Ismail Abu Khatab, while another media worker, Bayan Abu Sultan, was wounded and is in stable condition, local sources said.

    The Israeli military has not yet commented on the incident. –0–

    MIL OSI Russia News –