Category: China

  • MIL-OSI Asia-Pac: BIP ensures continuous services during Lunar New Year with four key support measures.

    Source: Republic Of China Taiwan 2

    To support businesses during the 2024 Lunar New Year holiday (January 25 – February 2), the Bureau of Industrial Parks (BIP) of the Ministry of Economic Affairs (MOEA) will continue providing four essential services: import/export certification, emergency rescue assistance, security patrols, and sanitation services. These measures are designed to create a smooth and supportive operating environment, help businesses seize international opportunities, and ensure a worry-free holiday for all enterprises in the industrial parks.
    Recognizing the technology industry’s need for uninterrupted import and export operations, the BIP will arrange for dedicated staff to process export/import permit applications during the holiday period. Enterprises are encouraged to apply in advance, and the BIP will coordinate with customs to facilitate smooth clearance procedures, ensuring trade operations remain seamless throughout the year.
    To maintain park cleanliness, industrial parks with sanitation teams-including Nanzih, Cianjhen, Linkuang Technology Industrial Parks, and Kaohsiung Software Park-will provide garbage collection services on January 27 (Lunar New Year’s Eve) and January 31 (the third day of the Lunar New Year) from 8:00 AM, following designated collection routes. Taichung Tanzi Technology Industrial Park will offer garbage collection services on January 28 (Lunar New Year’s Eve) and January 31 (the third day of the Lunar New Year).
    Additionally, throughout the holiday period, all industrial park service centers will continue to operate 24/7, with the BIP’s Emergency Response Center on standby to strengthen security, rescue, and patrol efforts. If enterprises or individuals notice any safety hazards or suspicious activities, they can contact their respective service center or reach the BIP Emergency Response Center at (07) 361-2054. BIP personnel will remain fully dedicated to ensuring a safe and stable business environment.
    The BIP extends our warmest wishes for a prosperous and successful Year of the Snake to all enterprises in the industrial parks.

    Spokesman: Mr. Liu Chi-Chuan (Acting Director-General, BIP)
    Contact Number: 886-7-3613349, 0911363680
    Email: lcc12@bip.gov.tw

    Contact Person: Liao, Xuan-Min (Management Guidance and Consulting Section of Investment Services Division)
    Contact Number: 886-7-361-1212 ext 323
    Email: mina18@bip.gov.tw

    MIL OSI Asia Pacific News

  • MIL-OSI China: China’s tax cuts boost high-tech, manufacturing growth in 2024

    Source: China State Council Information Office

    China’s main policies supporting sci-tech innovation and the development of the manufacturing industry saw tax cuts, fee reductions and tax refunds totaling 2.63 trillion yuan (about 366.75 billion U.S. dollars) in 2024, official data showed on Wednesday.

    These policies accelerated the cultivation of new quality productive forces and promoted the high-quality development of the manufacturing industry, according to the State Taxation Administration.

    In 2024, the sales revenues of China’s high-tech sectors grew 9.6 percentage points faster than the overall national growth rate, reflecting the rapid development of innovative industries.

    The sales revenues of manufacturing enterprises in China grew 2.2 percentage points faster than the overall national growth rate.

    Specifically, the sales revenues of the equipment manufacturing, digital product manufacturing and high-tech manufacturing sectors rose 6.2 percent, 8.3 percent and 9 percent respectively, indicating the national manufacturing industry is advancing steadily toward high-end and intelligent development.

    MIL OSI China News

  • MIL-OSI USA: Barrasso Bill Ends Electric Vehicle Tax Credits

    US Senate News:

    Source: United States Senator for Wyoming John Barrasso

    WASHINGTON, D.C. – Today, U.S. Senator John Barrasso (R-Wyo.), Senate Majority Whip, introduced legislation to end the federal electric vehicle and charging stations tax credit. This legislation stops taxpayer money from subsidizing luxury electric vehicle for high-income individuals and corporations.

    The Eliminating Lavish Incentives to Electric (ELITE) Vehicles Act (S. 541) specifically repeals the $7,500 tax credit for new electric vehicles (EVs), eliminates the tax credit for purchasing used EVs, wipes out the federal investment tax credit for electric vehicle charging stations, and closes the “leasing loophole” that has allowed certain taxpayers and foreign entities to evade restrictions on EV incentives. It also stops China from exploiting loopholes and circumventing guardrails to access U.S. tax credits associated with electric vehicles.

    “The hard-earned money of taxpaying Americans should not cover the cost for the luxuries of the nation’s elite. Nor should we be allowing China to infiltrate our markets and undermine our supply chain,” said Senator Barrasso. “Repealing these reckless tax credits from the Biden administration once and for all will stop Washington from giving handouts to our adversaries and high-income individuals. Wyoming families should not foot the bill for expensive electric cars they don’t want and can’t afford.”

    “American taxpayers should not have to foot the bill for the Biden administration’s sweeping windfall for electric vehicles,” said Leader Thune. “I’m proud to join Sen. Barrasso in this effort to end the exorbitant tax burden that was placed on American households to fuel a reckless and unrealistic environmental agenda.”

    Co-sponsors of this legislation include Senate Majority Leader John Thune (R-S.D.), U.S. Senators James Lankford (R-Okla.), Cynthia Lummis (R-Wyo.), Kevin Cramer (R-N.D.), Tom Cotton (R-Ark.), Shelley Moore Capito (R-W.Va.), Tim Sheehy (R-Mont.), Pete Ricketts (R-Neb.), Joni Ernst (R-Iowa), Bill Cassidy (R-La.), Roger Marshall (R-Kans.), Thom Tillis (R-N.C.), John Hoeven (R-N.D.), and Rick Scott (R-Fla.).

    This legislation is supported by the American Fuel & Petrochemical Manufacturers, Americans for Prosperity, National Taxpayers Union, and Heritage Action.

    “The EV tax credit was always supposed to sunset, so Senator Barrasso is absolutely right to say, ‘enough is enough’ for taxpayers. After more than a decade of subsidies worth billions of dollars, it’s time for EVs to compete on a level playing field.” – Chet Thompson, President and CEO, American Fuel & Petrochemical Manufacturers (AFPM)

    “Americans are hurting after four years of failed energy policy under former President Joe Biden. The last thing American families and small businesses should be subsidizing is electric vehicles that few can afford. Now is the time for electric vehicles to compete in the open marketplace, responsive to the needs and desires of the consumer. Forcing electric vehicles on the American people has failed and costs domestic auto manufacturers billions, resulting in fewer affordable vehicle options and economic distortion. We applaud Senator Barrasso for reintroducing the Eliminate Lavish Incentives to Electric (ELITE) Vehicles Act to rid the marketplace of government cronyism and favoritism and we look forward to this legislation moving to the Floor.” – Brent Gardner, Chief Government Affairs Officer, Americans for Prosperity

    Full text of the legislation can be found here.

    MIL OSI USA News

  • MIL-Evening Report: Antarctic research has long been hamstrung by reliance on one icebreaker and sporadic funding. That might be about to change

    Source: The Conversation (Au and NZ) – By Jane Younger, Lecturer in Southern Ocean Vertebrate Ecology, Institute for Marine and Antarctic Studies, University of Tasmania

    Australia’s Antarctic territory represents the largest sliver of the ice continent. For decades, Australian scientists have headed to one of our three bases – Mawson, Davis and Casey – as well as the base on sub-Antarctic Macquarie Island, to research everything from ecology to climate science.

    But despite our role as leaders in Antarctic science, Australian funding and logistics for Antarctic research hasn’t kept pace. Our single icebreaking vessel spends most of its time on resupply missions, restricting its use for actual science. And funding is often piecemeal, which makes it hard to plan the complex, multi-year efforts it takes to do research down on the ice.

    This week, we saw a welcome change. The federal parliamentary committee on Australia’s external territories delivered a report calling for a second icebreaking vessel and more reliable funding. It also urged the government to progress work on marine protected areas in east Antarctica as well as resume fishing patrols, due to concern over illegal or exploitative fishing.

    These measures are long overdue. For those of us who work and study on the ice continent, logistics and funding have long been a challenge. Illegal fishing in Antarctica must be stamped out, and a second vessel would support our ambitious, world-leading science.

    Why is Antarctic science so important?

    Antarctica is often out of sight, out of mind for many Australians. But what happens on the ice doesn’t stay there.

    For climate science, Antarctica matters a great deal. For decades, much of the concern about melting ice focused on the Arctic and Greenland, while Antarctica stayed relatively stable. But this is now changing. Sea ice is melting more quickly than in the past. Glacial ice is retreating. Increased melting will affect sea level rise and ocean currents.

    I study diseases such as the lethal strain of bird flu which has devastated bird and some mammals populations around the world. It recently reached Antarctica, where it killed large numbers of penguins, skuas, crabeater seals and more. I saw the devastation myself on my recent journey there.

    If this strain makes it to Australia – the last continent free of it – it could come from the south and devastate both Australian wildlife and poultry.

    To study these large and important changes, we need to be down there on the ice. It’s not an easy task. Keeping our bases functional means we need regular resupply missions. Repairs and extensions require tradies. Scientists and other workers need to be brought home.

    Antarctic science has long relied on just one vessel, now the RSV Nuniya, which the Australian Antarctic Division describes as the “main lifeline to Australia’s Antarctic and sub-Antarctic research stations and the central platform of our Antarctic and Southern Ocean scientific research”.

    The problem is, resupply can trump science. After all, no one wants bases running short of food or fuel. This is, in fact, what the Nuniya is largely doing.

    Australia’s role is key

    The Australian Antarctic Territory represents about 40% of the ice continent – the largest territory by far.

    Territory, here, doesn’t mean exclusive rights. In 1959, 12 nations with a scientific interest in the ice continent signed the Antarctic Treaty. This treaty was an agreement that Antarctica – the only landmass with no indigenous human presence – would be reserved for peaceful, scientific purposes.

    But in recent years, this treaty has come under pressure. Nations such as Norway and China have expanded fishing operations for krill. Illegal and unregulated fishing from various nations continues.

    The report recommends the Australian government continue efforts to establish a marine protected area off East Antarctica – where fishing would be restricted – as well as reopening fishing patrols. China – which recently opened its fifth Antarctic base – is opposed to the idea of fishing-free zones and is pushing to expand fishing in the Southern Ocean.

    Under Antarctica’s ice lie many resources. Mining is banned in Antarctica until 2048. What happens after that is uncertain. The race to tap critical minerals in Greenland signals what may lie ahead for Antarctica.

    This is why Australia’s leadership in Antarctic science matters. Australia was an original signatory to the Antarctic Treaty, and has a long history of exploration and science. Hobart has long been the home of Australia’s Antarctic vessels.

    As Antarctica changes, Australian scientists must be there to analyse, understand and report back. To do that, improvements are needed, including new vessels and longer-term funding. This report is the first step.

    The government is yet to formally respond to the report’s recommendations. Let’s hope it takes heed of the findings.

    Jane Younger receives funding from the Australian Research Council, WIRES Australia, the Geoffrey Evans Trust and the National Geographic Society.

    ref. Antarctic research has long been hamstrung by reliance on one icebreaker and sporadic funding. That might be about to change – https://theconversation.com/antarctic-research-has-long-been-hamstrung-by-reliance-on-one-icebreaker-and-sporadic-funding-that-might-be-about-to-change-249714

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Russia: Building Resilience and Boosting Growth in Asia

    Source: IMF – News in Russian

    Opening Remarks by Deputy Managing Director Kenji Okamura at the 7th IMF-JICA Conference, Tokyo, Japan

    February 13, 2025

    Honorable Ministers and Governors, President Tanaka, Vice Minister Mimura, and Ladies and Gentlemen:

    Welcome to the 7th IMF-JICA Conference. I am so pleased to be here. Let me first express my gratitude to our co-organizer, JICA, and to the Japanese authorities for their generous support. My thanks also to the JICA and IMF staff who have been working for months to organize this event.

    Let me start with the good news. Despite the shocks of recent years, the global economy has remained surprisingly resilient. Our global projections released in January suggest global growth will hold steady at 3.3 percent this year and next.

    Having said that, divergences across countries are widening. The U.S. is outperforming its advanced economy peers with stronger growth than projected. By contrast, growth in the Euro area will increase only modestly due to weak momentum and high energy prices.

    For emerging market economies, growth projections remain at 4.2 percent and 4.3 percent this year and next. We revised up our growth forecast for China slightly for this year and next. But growth remains slower than in past years and is now more like that of other emerging market economies.

    These forecasts could easily change. There is tremendous uncertainty. The world is changing rapidly: global trade and capital flows are shifting; AI is fast advancing.

    Policymakers will need to be agile and focused on building resilience and lifting growth, which is key to raising living standards and creating jobs. We will discuss how to do that in some of the topics covered today but let me focus on three priorities.

    First, implementing reforms to lift productivity. There is no one-size-fits-all approach, but measures that improve the business environment and encourage entrepreneurship, like cutting red tape and deepening capital markets are important. And through our surveillance, we will work with you to identify the right approach with granular and tailored policy advice.

    The second priority is to rebuild fiscal buffers. Public debt and debt servicing ratios in Asia are well above pre-pandemic levels, especially in many Pacific Island countries and emerging markets. Well-designed and growth-friendly fiscal consolidation can reduce debt risks, and create the fiscal space needed to deal with shocks and challenges like ageing or climate change. The Fund can provide useful capacity development in this area, including through peer-to-peer learning.

    Finally, strengthening cooperation. By working together, Asian countries can leverage their collective strengths. In a changing world, this can help buffer against shocks and heightened uncertainty.

    Among Asian countries, cooperation in the areas of AI, digital connectivity, and cross-border digital payments is moving fast, and could be a big boost to growth.

    Let me add one more point as an important message from my end. The IMF continues to play its part at the center of the Global Financial Safety Net (GFSN). My goal—as the Deputy Managing Director that oversees the Fund’s finances—is to ensure that the IMF remains financially strong and sound well into the future. We are also committed to helping Regional Financing Arrangements (RFAs) in Asia be important elements of the GFSN.

    In conclusion, I hope that today’s sessions can contribute to strengthening our ties, as we all navigate these uncertain times together.

    Thank you.

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER:

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

    https://www.imf.org/en/News/Articles/2025/02/13/sp021325-building-resilience-and-boosting-growth-in-asia

    MIL OSI

    MIL OSI Russia News

  • MIL-OSI USA: Kaine & Colleagues Press Rubio for Answers on Impact of Foreign Assistance Cuts in the Western Hemisphere

    US Senate News:

    Source: United States Senator for Virginia Tim Kaine
    WASHINGTON, D.C. – Today, U.S. Senator Tim Kaine (D-VA), Ranking Member of the Senate Foreign Relations Subcommittee on the Western Hemisphere, led his colleagues in sending a letter to Secretary of State Marco Rubio pressing him for answers on the Trump Administration’s cuts to U.S. foreign assistance programs and its harmful impact on U.S. national security, including the abrupt curtailment of efforts to mitigate narcotics trafficking, migration, and cartel violence in the Western Hemisphere. The letter comes after Secretary Rubio made his first trip as Secretary of State to Panama, El Salvador, Costa Rica, Guatemala, and the Dominican Republic.
    “We welcomed your decision to visit key Latin American countries from February 1-6, 2025 – Panama, El Salvador, Costa Rica, Guatemala and the Dominican Republic – for your first trip as Secretary of State,” wrote the senators. “All five countries are also home to important U.S. foreign assistance programs and USAID missions that manage much of this funding.”
    “These programs are fundamental to advancing the exact national security priorities you highlighted as the trip’s themes: bolstering regional cooperation, preventing large-scale irregular migration, curtailing cartel activity, countering China and deepening economic partnerships. However, all five countries continue to be subject to a blanket freeze, including on critical national security assistance programming and the suspension of USAID activities on January 24,” they continued.
    The senators then provided several examples of how U.S. foreign assistance in Panama, El Salvador, Costa Rica, Guatemala, and the DR has helped counter migration and drug trafficking, strengthen democratic institutions and the rule of law, and boost economic growth in the region. They also emphasized the critical role of U.S. foreign assistance in countering China, which has made significant investments in the region over the past decade in an effort to exert influence and control.  
    The senators continued, “During your confirmation hearing, you affirmed that our foreign policy should make America safer, stronger and more prosperous. This freeze in foreign assistance runs contrary to your stated goals and only helps the U.S’s  adversaries. We urge you to closely consider the disruption caused to U.S. security interests by the blanket freezing of these programs, and by the efforts of Elon Musk and the Trump Administration to destroy USAID.”
    “Now that you have returned from your historic trip, we urge you to reflect on the role of U.S. foreign assistance in solidifying our partnerships and advancing our national security interests in Panama, El Salvador, Costa Rica, Guatemala, and the Dominican Republic, as well as throughout the world, and quickly reverse this short-sighted and damaging freeze,” the senators concluded.
    In addition to Kaine, the letter is cosigned by U.S. Senators Chuck Schumer (D-NY), Cory Booker (D-NJ), Chris Van Hollen (D-MD), Peter Welch (D-VT), Mazie K. Hirono (D-HI), John Hickenlooper (D-CO), Richard Blumenthal (D-CT), and Alex Padilla (D-CA).
    Full text of the letter is available here and below:
    Dear Secretary Rubio:
    We welcomed your decision to visit key Latin American countries from February 1-6, 2025 – Panama, El Salvador, Costa Rica, Guatemala and the Dominican Republic – for your first trip as Secretary of State. This decision reflects our mutual understanding of the critical role of our Western Hemisphere partnerships in U.S. national security.
    All five countries are also home to important U.S. foreign assistance programs and USAID missions that manage much of this funding. These programs are fundamental to advancing the exact national security priorities you highlighted as the trip’s themes: bolstering regional cooperation, preventing large-scale irregular migration, curtailing cartel activity, countering China and deepening economic partnerships. However, all five countries continue to be subject to a blanket freeze, including on critical national security assistance programming and the suspension of USAID activities on January 24.
    During your stop in El Salvador, you visited the Aeroman aeronautics plant and used this location as a venue for disparaging the work of USAID and its employees. Although you touted Aeroman as an example of private sector innovation, you may be interested to learn that Aeroman itself is a longstanding beneficiary of USAID’s Bridges to Employment program.
    Other examples include:
    Migrant return programs supported by USAID have helped El Salvador, Guatemala and Honduras receive and process nearly 150,000 returned migrants. Prior to January 24, USAID fostered the sustainable reintegration of these migrants into their communities, significantly reducing repeat migration. At a time in which the Trump administration is pushing these countries to accept more and more deportees, these programs are no longer active. 
    In Panama, U.S. foreign assistance has supported projects to enhance border security and boost Panama’s ability to counter narcotrafficking routes and networks. The Darien Gap, on Panama’s southern border with Colombia, is the only land route for migrants traveling north from South America. These programs are no longer active.
    In El Salvador, Congress has appropriated funds for programs to address the security, economic, and social drivers of irregular migration and to strengthen democratic institutions. With poverty around 30 percent over the last five years and with an economy highly dependent on remittances, mass deportations to El Salvador as well as political instability risk an explosion of gang violence. These programs are no longer active.
    In Costa Rica, U.S. foreign assistance has supported Costa Rican law enforcement efforts to dramatically reduce the influence of drug cartels and mitigate other destabilizing security threats – to include helping the country house migrants who would otherwise travel north to the U.S. border. U.S. economic assistance programming has also fostered a ripe investment climate for U.S. firms, including a major Intel computer chip factory that is essential to efforts to counter China’s chipmaking capacity. These programs are no longer active.
    In Guatemala, U.S. foreign assistance has promoted democratic resilience and political stability, including the provision of cost-effective development assistance to support job creation and fostering opportunities for foreign direct investment. This has played a major role in stemming migration and creating economic incentives for migrants and Guatemalans to stay in Guatemala rather than traveling north to the U.S. border. As a result of active U.S. partnership, Guatemala remains one of 12 countries to recognize Taiwan, despite significant pressure from China. These programs are no longer active.
    In the Dominican Republic, U.S. assistance has supported health programs that have limited the spread of infectious diseases – in a country geographically very close to the United States – and has served to mitigate migrant outflows. These programs are no longer active.
    As must have been clear during your trip, U.S. national security interests in every location you visited have been directly advanced by the thoughtful execution of U.S. foreign assistance programming.
    Throughout your Congressional career you were a forceful advocate for curtailing Chinese influence globally and advancing the interests of the American people. You spoke eloquently about the essential role of foreign assistance in advancing U.S. interests. You have also rightly asserted that although foreign assistance represents less than 1 percent of the U.S. budget, it is a major force multiplier that keeps our adversaries at bay. During your confirmation hearing, you affirmed that our foreign policy should make America safer, stronger and more prosperous. This freeze in foreign assistance runs contrary to your stated goals and only helps the U.S’s  adversaries. We urge you to closely consider the disruption caused to U.S. security interests by the blanket freezing of these programs, and by the efforts of Elon Musk and the Trump Administration to destroy USAID.
    What is further clear is that Elon Musk – who maintains deep financial connections to China and engages in secret meetings with Russian officials – does not share your priorities or those of the United States. China and Russia are already moving rapidly to exploit the weaknesses created by the Trump Administration’s global retreat.
    The United States is best able to project power around the world when we are comfortable in our own hemisphere. We are safer and more prosperous when our neighbors are safer and more prosperous. Now that you have returned from your historic trip, we urge you to reflect on the role of U.S. foreign assistance in solidifying our partnerships and advancing our national security interests in Panama, El Salvador, Costa Rica, Guatemala, and the Dominican Republic, as well as throughout the world, and quickly reverse this short-sighted and damaging freeze.
    Sincerely,

    MIL OSI USA News

  • MIL-OSI China: Chinese military conducts routine patrols in South China Sea

    Source: China State Council Information Office 2

    The Chinese People’s Liberation Army (PLA) Southern Theater Command conducted routine patrols in the South China Sea on Wednesday, according to a military spokesperson.
    Tian Junli, spokesperson for the Southern Theater Command, noted that recently, the Philippines has repeatedly invited countries outside the region to organize so-called “joint patrols.”
    He pointed out that the attempt of the Philippines is to cover up, through military provocations and media hype, its illegal infringement on China’s maritime rights and its deliberate undermining of peace and stability in the South China Sea.
    Tian emphasized that China’s territorial sovereignty and maritime interests in the South China Sea, which have ample historical and legal backing, are indisputable and cannot be violated.
    The PLA Southern Theater Command remains on high alert and fully committed to defending China’s territorial sovereignty and maritime rights, ensuring that any disruptive military actions in the South China Sea are under control, said the spokesperson. 

    MIL OSI China News

  • MIL-OSI China: Chinese space firm showcases mobile-to-satellite communication tech

    Source: China State Council Information Office 2

    Chinese space firm GalaxySpace successfully demonstrated mobile-to-satellite communication technology based on the country’s first low-Earth orbit broadband communication test constellation at a commercial space conference held in Beijing on Wednesday.
    At 10:28 a.m., a satellite from the constellation passed over the conference venue in the Beijing Economic-Technological Development Area. On-site staff used their mobile phones to connect to the satellite via a terminal device installed on the rooftop. Through a gateway station in Beijing, they established a connection with personnel in Beijing and Thailand.
    During the video call with the Thai team, Liu Chang, co-founder and vice president of GalaxySpace, noted that the company signed a Memorandum of Understanding (MoU) with True Corporation, a major Thai telecommunications operator on Monday.
    Under the MoU, the two parties will collaborate in areas such as low-orbit satellite communication technology, integrated space-ground network solutions and direct satellite-to-mobile communication technology.
    “Low-orbit satellite internet represents a significant leap forward in global communications, poised to drive transformative changes in socio-economic development both in Thailand and worldwide,” said Manat Manavutiveth, CEO of True Corporation. “We are thrilled that this collaboration will bring cutting-edge innovative technologies to Thai consumers.”
    Established in 2018, GalaxySpace is a leading satellite internet solution provider and satellite manufacturer in China. It was also crowned as the first unicorn company in commercial aerospace in the country.

    MIL OSI China News

  • MIL-OSI China: Taiwan authorities lack sincerity in restoring cross-Strait tourism: Mainland spokesperson

    Source: China State Council Information Office 2

    A Chinese mainland spokesperson on Wednesday criticized Taiwan’s Democratic Progressive Party (DPP) authorities for using procedural excuses to delay the restoration of cross-Strait tourism.
    The DPP authorities have stood as the main obstacle to resuming cross-Strait tourism, not the lack of communication between tourism organizations, said Zhu Fenglian, spokesperson for the State Council Taiwan Affairs Office, at a press conference.
    Tourism operators in Fujian Province and Shanghai Municipality had submitted applications to visit the island, hoping to do market research for the resumption of Taiwan tours for Fujian and Shanghai residents.
    The DPP authorities claimed that affairs related to Taiwan-bound mainland tourism, including the tours in question, should be discussed first between the Taiwan Strait Tourism Association and the mainland-based Association for Tourism Exchange Across the Taiwan Straits.
    Zhu said the mainland does not oppose the two aforementioned organizations discussing arrangements for cross-Strait tourism after its resumption.
    “If Taiwan claims it is ready to welcome mainland tourists, it should allow tourism inspection groups to visit immediately rather than making excuses to stall,” Zhu said.
    The DPP lacks sincerity in restoring cross-Strait tourism and focuses more on political maneuvering than facilitating travel for mainland visitors, Zhu said.
    Additionally, Zhu condemned the DPP authorities’ refusal to grant entry permits to Shanghai delegations invited to participate in the 2025 Taipei Lantern Festival, calling it an act of political obstruction that damages cross-Strait cultural exchanges.
    She urged the DPP authorities to remove restrictions on cross-Strait exchanges and take practical steps to allow mainland tourists to visit.

    MIL OSI China News

  • MIL-OSI China: New fish species discovered in South China Sea

    Source: China State Council Information Office 2

    A Chinese research team has discovered a new fish species, named Mononoke tilefish (Branchiostegus sanae), in South China Sea.
    The findings were published Wednesday in the international taxonomic journal Zookeys.
    Researchers from the Chinese Academy of Sciences’ South China Sea Institute of Oceanology, Zhejiang University, and Ocean University of China identified the new species in the continental slope area between Hainan Island and Xisha Qundao at a depth of about 200 meters.
    Huang Haochen, first author of the study, said that the new species, like other deepwater tilefish, is an economically significant species. Despite their culinary value, limited scientific research has been conducted on these deep-dwelling fish.
    Known locally as “ghost horsehead fish” due to its distinctive head shape, this new species has long been recognized by fishermen along the South China Sea coast. Researchers collected specimens in 2023, enabling detailed study.
    Mononoke tilefish exhibits significant morphological and genetic differences from other tilefish species. While all known specimens were collected between Hainan’s Lingshui Li Autonomous County and Xisha Qundao, the new species is believed to inhabit the northwestern slope regions of the South China Sea, according to Chen Jingxuan, second author of the study.
    With this discovery, the number of known tilefish species in Chinese waters has risen to six. The Mononoke tilefish, which can exceed 40 centimeters in length, represents a rare find of a medium-to-large fish species in recent years. Further research into its biology and evolutionary history is expected to contribute to the conservation of local biodiversity and sustainable fisheries. 

    MIL OSI China News

  • MIL-OSI China: US military aircraft crashes into San Diego Bay

    Source: China State Council Information Office

    A U.S. military aircraft crashed into the San Diego Bay on Wednesday, according to the San Diego Fire-Rescue.

    The U.S. military confirmed that only two pilots were on the plane that crashed into the water near Shelter Island. Both pilots have been rescued.

    The aircraft was an E/A-18 G Growler, a U.S. Navy spokesperson confirmed.

    The aircrew safely ejected, and they were taken out of the water, according to the spokesperson.

    The pilots were transferred to a U.S. Customs and Border Protection boat on the scene and later taken to the Hillcrest Medical Center at UC San Diego Health.

    Fire officials sent 60 personnel to the scene, including two fire trucks, a foam truck, five engines, a helicopter, two boats and a lifeguard river team.

    A Navy official said it is unclear if a distress signal was sent out prior to the crash. The pilots have not been identified.

    MIL OSI China News

  • MIL-OSI China: Zelensky discussed with Trump ‘opportunities to achieve peace’

    Source: China State Council Information Office

    Ukrainian President Volodymyr Zelensky said on Wednesday that he discussed ways to bring peace to Ukraine in a phone conversation with U.S. President Donald Trump.

    “We long talked about opportunities to achieve peace, discussed our readiness to work together at the team level,” Zelensky said on social media platform X, formerly known as Twitter.

    The Ukrainian leader noted that Trump shared details of his conversation with Russian President Vladimir Putin.

    Zelensky also said he discussed Ukraine’s technological capabilities with Trump, including drones and other advanced industries, as well as the preparation of a new document on bilateral security, economic cooperation, and resource partnership.

    Zelensky added that he and Trump agreed to stay in contact and plan future meetings.

    MIL OSI China News

  • MIL-OSI China: Hamas says in talks with mediators to implement Gaza ceasefire

    Source: China State Council Information Office

    A Palestinian woman stands in front of the ruins of houses near the Netzarim Corridor in the central Gaza Strip, on Feb. 9, 2025. [Photo/Xinhua]

    Hamas said Wednesday that contacts are underway with mediators to finalize the implementation of the ceasefire agreement in Gaza.

    “Contacts are underway with mediating countries to complete the implementation of the ceasefire agreement,” Hamas spokesperson Hazem Qassem said in a press release.

    Earlier in the day, a delegation led by Hamas leader Khalil al-Hayya arrived in Cairo to discuss the ceasefire deal with Egyptian officials.

    “There are efforts by mediators to compel the Israeli occupation to implement the terms of the ceasefire agreement in Gaza,” Qassem said.

    The spokesman emphasized the need for Israel to adhere to the ceasefire agreement to ensure the release of prisoners and compliance with the agreed-upon humanitarian protocol.

    Qassem accused Israel of “evading the implementation of many provisions of the ceasefire agreement,” stressing that his movement would not accept “the language of American and Israeli threats.”

    An unnamed Egyptian source told Xinhua that “Hamas expressed to the Egyptian side its willingness to release a batch of Israeli detainees on Saturday as agreed but rejected demands from Trump and Netanyahu for a full release of all Israeli captives at once.”

    The ceasefire agreement, which took effect on Jan. 19, is at risk of collapsing as Hamas and Israel trade blame for violating the deal.

    On Monday, Hamas announced the postponement of the release of Israeli prisoners who were scheduled to be freed on Saturday, accusing Israel of failing to uphold the terms of the truce.

    In response, Israel has threatened to resume strikes on Gaza if the Israeli hostages are not released by Saturday.

    MIL OSI China News

  • MIL-OSI China: Putin, Trump talk over phone

    Source: China State Council Information Office

    The Kremlin announced on Wednesday that Russian President Vladimir Putin held a phone conversation with U.S. President Donald Trump.

    “The Russian president has invited the U.S. president to visit Moscow,” Kremlin spokesman Dmitry Peskov said, adding that Putin expressed readiness to receive U.S. officials in Moscow.

    The two presidents discussed the situation in Ukraine and the peaceful settlement of the conflict, Peskov said, stressing that Trump embraced a quick ceasefire and peaceful settlement of the problem while Putin underlined the needs to eliminate the root causes of the Ukraine conflict.

    “During the talks, they also touched upon the issues of the Middle East, Iran’s nuclear program as well as Russia-U.S. relations in the economic domain,” Peskov said.

    He noted that Putin and Trump, during the talks, agreed to keep personal contacts, including arranging a meeting in the future.

    The Kremlin spokesman described the phone conversation as an “extensive and substantive dialogue,” which lasted nearly 90 minutes.

    MIL OSI China News

  • MIL-OSI China: China urges Philippines to withdraw US missile system

    Source: China State Council Information Office

    China on Wednesday urged the Philippines to deliver on its promise to withdraw the U.S. Typhon missile system from its territory, warning that failing to do so would put its own security and national defense at the mercy of others, and would bring risks of geopolitical confrontation and an arms race to the region.

    Guo Jiakun, spokesperson for China’s foreign ministry, made the comments at a regular news briefing in response to a related question.

    The U.S. installed the Typhon missile system in the northern Philippines in April 2024 as part of joint U.S.-Philippines military drills. The Philippines promised that the deployment would be “temporary,” and that the system would be withdrawn following the conclusion of the military exercises.

    However, the Philippines has repeatedly reneged on its commitment and even plans to “procure” the system to increase its deterrence capabilities. It has also linked the South China Sea with the missile system in a move that is both “ridiculous and dangerous,” Guo said.

    He noted that Typhon is a strategic, offensive weapon with a range that covers most Southeast Asian nations, and said that the U.S. deployment in the Philippines seriously undermines regional peace and stability and harms the legitimate security interests of other countries.

    China will never sit idly by as its own security interests are jeopardized or threatened, and other countries in the region will not accept such a perverse move, Guo said.

    He urged the Philippines to make a strategic choice that genuinely serves the fundamental interests of the Philippines and its people.

    MIL OSI China News

  • MIL-OSI China: US, Russia to begin negotiations toward ending Ukraine crisis

    Source: China State Council Information Office 3

    U.S. President Donald Trump speaks during a press conference at the White House in Washington, D.C., the United States, on Jan. 30, 2025. [Photo/Xinhua]

    U.S. President Donald Trump said Wednesday that he and Russian President Vladimir Putin agreed during a phone conversation earlier in the day that Washington and Moscow will immediately engage in direct negotiations aimed at ending the Ukraine-Russia conflict.

    “I just had a lengthy and highly productive phone call with President Vladimir Putin of Russia,” Trump said, offering his version of the content of the call in a post on Truth Social.

    Trump said he and Putin agreed that “we want to stop the millions of deaths taking place in the War with Russia/Ukraine.”

    “We agreed to work together, very closely, including visiting each other’s Nations. We have also agreed to have our respective teams start negotiations immediately, and we will begin by calling President Zelenskyy, of Ukraine, to inform him of the conversation, something which I will be doing right now,” Trump said.

    He said he has asked U.S. Secretary of State Marco Rubio, Director of the Central Intelligence Agency John Ratcliffe, National Security Advisor Michael Waltz and Special Envoy to the Middle East Steve Witkoff to lead the U.S. team in the negotiations.

    Trump said he felt “strongly” that the negotiations between the United States and Russia “will be successful.”

    MIL OSI China News

  • MIL-OSI China: China remains appealing to foreign investors

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

    SHANGHAI, Feb. 12 — Despite geopolitical tensions and rising trade protectionism, international businesses are deepening their commitments in China as 2025 unfolds, demonstrating the country’s appeal to those seeking to stay competitive globally.

    U.S. automaker Tesla’s Megafactory in Shanghai began producing energy storage batteries on Tuesday. Earlier this month, Toyota announced plans to establish a wholly owned electric vehicle plant in the eastern Chinese economic hub. In January, construction started on Siemens Healthineers’ new manufacturing and research facility in south China’s Shenzhen.

    The rationale behind these investments by global industry leaders is clear: China remains a vital market with significant growth potential.

    With its expanding middle class, China’s position as a global economic powerhouse makes its vast market hard to ignore. In 2024, the country’s gross domestic product (GDP) reached a record 134.91 trillion yuan (about 18.81 trillion U.S. dollars), marking a 5-percent year-on-year increase. As the world’s second-largest economy, China offers opportunities that are difficult to find elsewhere.

    China’s supply chain has become increasingly sophisticated and complete. Its highly competitive and advanced manufacturing ecosystem continues to attract high-value, technology-intensive investments.

    Additionally, China’s talent pool, particularly its abundance of engineers, bolsters multinational corporations’ confidence in establishing global research and development centers here. The country’s transformation into an innovation hub is particularly evident in industries such as electric vehicles and lithium-ion batteries. As China builds a modern industrial system, it accelerates efforts to develop new quality productive forces, creating fresh opportunities for global companies.

    China remains committed to opening up and fostering win-win cooperation. The nation’s market has become increasingly accessible, and a series of measures have been taken to encourage foreign investment. In recent years, China has made significant strides in promoting high-standard openness, including reducing the negative list for foreign investment, eliminating all restrictions on foreign investors in manufacturing, and expanding unilateral opening to the least-developed countries. The results of these efforts are reflected in the 9.9-percent increase in the number of newly established foreign-funded enterprises in China last year.

    Furthermore, Chinese authorities have made expanding high-standard economic openness a key priority for 2025. During an executive meeting on Monday, the State Council approved an action plan to stabilize foreign investment this year. The meeting called for more practical and effective measures to attract foreign capital, underscoring China’s commitment to creating a business-friendly environment.

    Despite challenges posed by the politicization of economic and trade issues in the West and sluggish global investment, China’s high-level openness, economic vitality, and expanding consumer base continue to make it a top investment destination.

    According to the 2024 Kearney Foreign Direct Investment Confidence Index, which measures investor expectations for FDI over the next three years, China jumped from seventh to third place in global rankings, leading all emerging markets.

    As many multinational executives have noted, “The next China is still China.” In an era of uncertainty and instability, one thing remains clear: Investing in China is a strategic move for those looking to secure their future.

    MIL OSI China News

  • MIL-OSI China: Cultural activity held to celebrate Lantern Festival at press center for Asian Winter Games

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

    MIL OSI China News

  • MIL-Evening Report: Cook Islands opposition files no-confidence motion against PM

    By Melina Etches of the Cook Islands News

    A motion of no confidence has been filed against the Prime Minister and his Cabinet following the recent fiasco involving the now-abandoned Cook Islands passport proposal and the comprehensive strategic partnership the country will sign with China this week.

    Cook Islands United Party leader Teariki Heather said Prime Minister Mark Brown should apologise to the people and “graciously” step down, or else he would move a no-confidence vote against him in Parliament.

    Clerk of Parliament Tangata Vainerere today confirmed that a motion of no confidence has been filed, and he had placed the notice with the MPs.

    Parliament will convene for the first time this year next Monday, February 17, to consider various bills and papers, including the presentation of the supplementary budget.

    Heather, an Opposition MP, is concerned with Brown’s lack of consultation regarding the passport issue, which the Prime Minister later confirmed was “off the table”, and the China agreement with New Zealand.

    New Zealand has raised concerns that it was not properly consulted, as required under their special constitutional arrangement.

    However, PM Brown said he had advised them and did not believe the Cook Islands was required to provide the level of detail New Zealand was requesting.

    ‘Handled the situation badly’
    “He [Brown] has handled the situation badly. He has to step down graciously but if he doesn’t, I’m putting in a no confidence vote in Parliament — that’s the bottom line,” Heather told the Cook Islands News.

    “I will move that motion and if there’s no support at least I’ve done it, I’ve seen it through.”

    Heather also said that he believed the Prime Minister should apologise to the people of the Cook Islands.

    “A simple apology, he made a mistake, that’s it.”

    Cook Islands News asked the Leader of the Opposition Tina Browne for comment on Heather’s no confidence motion.

    Browne on Sunday told PMN that residents were angry, and there was mounting pressure and strong feeling that the PM Brown “should go” (step down).

    Backed by cabinet ministers
    The Prime Minister has the confidence of his Cabinet Ministers, who are backing their leader and the China agreement, according to Foreign Affairs Minister Tingika Elikana.

    Brown is in China on a state visit with his delegation. Yesterday marked the third day of the visit, during which he will oversee the signing of a Joint Action Plan for Comprehensive Strategic Partnership (CSP) with China.

    He is also expected to meet with Chinese Premier Li Qiang and President Xi Jinping.

    The content of the agreement and its signing date remain unknown.

    “At this stage, discussions regarding the agreement are still ongoing, and it would be premature to confirm a signing date at this time. However, once there are any formal developments, we will ensure updates are shared through an official MFAI media release,” a spokesperson for the Cook Islands Ministry of Foreign Affairs and Immigration told Cook Islands News.

    Public protest march
    A public protest march will convene at Parliament House on Monday to challenge the government’s direction for the people of the Cook Islands.

    Heather is spearheading the “peaceful” protest march, rallying citizens against PM Brown’s controversial proposal to introduce a Cook Islands passport.

    More than 100 people attended Heather’s public meeting last Monday evening at the Aroa Nui Hall to voice their concerns about government’s actions disregarding the voices of the people.

    “Do we just sit around no. Te inrinaki nei au e te marama nei kotou te iti tangata,” Heather said.

    “We have to do this for the sake of our country. This is not a political protest, it’s people of the Cook Islands uniting to protest, if you understand the consequences, you will understand the reason why.”

    Although Brown has since ditched the proposal after New Zealand warned it would require holders to renounce their New Zealand one, “the damage is done”.

    This has sparked heated debates about national identity, sovereignty and the implications for the Cook Islands relationship with New Zealand.

    Concerns of citizens
    Heather has taken onboard the concerns of citizens and argued that such a move could undermine the historical ties and shared citizenship that have long defined the relationship between the Cook Islands and New Zealand.

    He has no confidence in Brown’s statement that the proposed Cook Islands identity passport is “off the table”.

    “I think it is off the table for now . . .  but for how long?” Heather questioned.

    “Then there’s the impact of what he has done with our relationship with New Zealand so we are very much concerned about that.

    “We are making a statement. The march is actually to show the government of New Zealand that we the people of the Cook Islands don’t agree with the Prime Minister on that.

    “We want New Zealand to see that the people of the Cook Islands – that we love to keep our passport, that we care about our relationship as well.”

    Heather said they are also concerned about New Zealand’s reaction to the Cook Islands proposed agreement with China.

    ‘Peaceful’ protesters welcomed
    He welcomes members of the community to join the “peaceful” protest.

    On Monday morning, drummers will be located on both sides of Parliament House on the main road.

    At 10.45am, the proceedings will start when people start moving towards Parliament. Heather wants all protesters to bring along their New Zealand passports.

    Heather would like to remind people not to use dirty language at the protest — “auraka e autara viiviii, don’t bring your dirty laundry . . . ”

    First published by the Cook Islands News and republished with permission.

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI China: AI technology widely adopted during Spring Festival events

    Source: China State Council Information Office 2

    During the 2025 Intangible Cultural Heritage Gala aired by China Media Group on Jan. 31, a pack of ten robot dogs leaped, spun and waved in perfect harmony to a traditional dance song, wowing audiences with their flawless moves.
    This electrifying performance soon ignited social media, where amazed netizens dubbed them “the most dedicated dance crew” and marveled at the stunning fusion of cultural heritage and futuristic technology.

    A robot dog and actors perform lion dance during a temple fair celebrating the Lantern Festival at Xihu District in Hangzhou, east China’s Zhejiang Province, Feb. 11, 2025. (Xinhua/Han Chuanhao)
    The dancing Lite3 models showcased during the gala belong to the agile intelligent robot dog series of Hangzhou-based firm DEEP Robotics. Capable of carrying 7.5 kg payloads with a 5 km operational range and 1.5-2 hours continuous motion, these robots can perform complex maneuvers including high jumps and front flips.
    “Our proprietary joint modules, control systems and advanced algorithms enable unprecedented motion capabilities,” said Lin Yi, the company’s R&D manager. Users can engage in more diverse exercise training and development based on intelligent algorithms such as deep learning and reinforcement learning.
    Notably, artificial intelligence (AI) is entering Chinese households like never before — seamlessly blending into both daily life and entertainment.
    Dressed in colorful jackets, a group of humanoid robots became a highlight of this year’s Spring Festival gala, broadcast on Chinese New Year’s Eve. The 16 robots danced the Yangko, a traditional folk dance, alongside human performers. After the show, a “robot grandmother” was gently escorted offstage by the dancers — and the moment quickly went viral on social media.
    With its vast knowledge, eloquent expression, boundless imagination and playful wit, DeepSeek has captivated people of all ages, making it the ultimate “chat companion.” “I felt powerful after having a good command of DeepSeek,” said a retiree surnamed Ma, who downloaded the open-resource tool following his son’s strong recommendation.
    Beyond the virtual world, AI is becoming an ever-present force in daily life, not only enhancing online interactions but also transforming real-world experiences with remarkable efficiency. Whether at temple fairs or tourist attractions, AI is increasingly integrating into people’s daily lives, replacing servers and trainers, making candy figurines, playing games, carrying heavy loads, delivering goods and even assisting climbers.
    This year’s Spring Festival has been a celebration of AI-driven surprises, with each innovation sparking excitement and wonder. Social media is buzzing with netizens sharing and recommending their favorite high-tech experiences, making this a unique futuristic Chinese New Year.
    “Wow! No more video calls for New Year greetings!” said a tech worker surnamed Li. He uploaded a photo to the Baidu App, entered prompts like “firecrackers on Mars” and “dragon dance on the Forbidden City rooftop,” and added a festive message. In just over a minute, AI created a unique digital greeting card, making the experience effortless and exciting.
    AI’s shift from niche to mainstream success is driven by two key factors — practical application and strong technology. The key to AI’s widespread adoption is the effective alignment of technological advancements with real-world needs, according to Baidu chairman and CEO Robin Li.
    The success of AI is measured not by lab-based computing power, but by its impact on everyday users. Advanced technologies must be integrated into everyday life, making them accessible to all, turning tools once limited to a few into resources for the many, Li said.
    China’s AI industry ecosystem covers key segments ranging from chips, algorithms, data and platforms to applications. Over 4,500 companies are involved, with the core industry reaching a scale of nearly 600 billion yuan (about 82.1 billion U.S. dollars). In the past year alone, 238 new generative AI products have been registered.
    The strong demand for large AI models is clearly reflected in the impressive growth numbers. On Feb. 2, DeepSeek topped app markets in 140 regions, with daily active users exceeding 30 million. By last November, Baidu’s ERNIE had reached over 1.5 billion daily calls, a 30-fold increase from the previous year, while ByteDance’s Doubao saw daily token usage rise 33-fold by December 2024 after its launch in May 2024.
    Omdia, a consultancy focused on the tech industry, forecasts that China’s generative AI market will achieve 5.5-fold growth over the next five years — totaling 9.8 billion U.S. dollars by 2029.
    Looking forward, the wave sparked by DeepSeek continues to gain momentum, rapidly expanding its “ecosystem” and further activating the AI industry chain. Major cloud service providers like Huawei Cloud, Tencent Cloud, Alibaba Cloud and Baidu AI Cloud have integrated DeepSeek’s large models into their platforms.

    MIL OSI China News

  • MIL-OSI China: Trump says Putin agrees to start negotiations to end Ukraine conflict

    Source: China State Council Information Office

    U.S. President Donald Trump said Wednesday that he and Russian President Vladimir Putin agreed during a phone conversation earlier in the day that Washington and Moscow will immediately engage in direct negotiations aimed at ending the Ukraine-Russia conflict.

    U.S. President Donald Trump speaks during a press conference at the White House in Washington, D.C., the United States, on Jan. 30, 2025. (Xinhua/Hu Yousong)

    “I just had a lengthy and highly productive phone call with President Vladimir Putin of Russia,” Trump said, offering his version of the content of the call in a post on Truth Social.

    Trump said he and Putin agreed that “we want to stop the millions of deaths taking place in the War with Russia/Ukraine.”

    “We agreed to work together, very closely, including visiting each other’s Nations. We have also agreed to have our respective teams start negotiations immediately, and we will begin by calling President Zelenskyy, of Ukraine, to inform him of the conversation, something which I will be doing right now,” Trump said.

    He said he has asked U.S. Secretary of State Marco Rubio, Director of the Central Intelligence Agency John Ratcliffe, National Security Advisor Michael Waltz and Special Envoy to the Middle East Steve Witkoff to lead the U.S. team in the negotiations.

    Trump said he felt “strongly” that the negotiations between the United States and Russia “will be successful.”

    MIL OSI China News

  • MIL-OSI USA: Tillis Leads Resolution Calling on NATO Members to Meet Defense Spending Commitments for Leadership Roles

    US Senate News:

    Source: United States Senator for North Carolina Thom Tillis

    WASHINGTON, D.C. – Today, Senators Thom Tillis (R-NC), Jim Justice (R-WV), John Cornyn (R-TX), Tim Sheehy (R-MT), Mike Lee (R-UT), Steve Daines (R-MT), and Shelley Moore Capito (R-WV) introduced a resolution that expressed the view that, to maintain leadership roles within NATO and continue receiving benefits from NATO, Allies must now, at a bare minimum, meet the current required commitment with an eye towards likely increases in burden sharing to come. 

    In 2006, NATO Defense Ministers agreed to commit at least two percent of their Gross Domestic Product (GDP) to defense spending to ensure the Alliance’s military readiness. This resolution asserts that countries not meeting this goal should be excluded from holding leadership positions within NATO or hosting significant NATO events, including summits or foreign ministers’ meetings. Additionally, it calls for members to either meet the two percent commitment or have a plan to do so by the NATO Summit in The Hague in June 2025.

    “Given the increased aggression from Russia in Ukraine, provocations from China, and other rising threats, it is crucial that our partner nations not only meet but exceed the current defense spending goals,” said Senator Tillis. “The existing two percent commitment is the bare minimum necessary. We must aim for higher targets, such as the proposed five percent from President Trump, to bolster and strengthen NATO.”

    “Conflicts in Europe and the Middle East and tensions in the Indo-Pacific threaten our global stability and security,” said Senator Cornyn. “It’s critical for NATO nations to honor their commitments to spend two percent of their GDP on national defense, ensuring military readiness within the NATO alliance.”

    “Thanks to President Trump’s leadership, many of our European allies are finally pulling their weight when it comes to defense spending,” said Senator Daines. “However, the world remains dangerous and it’s time for the remaining European countries to step up. Raising defense spending is an important part of deterrence and the time to act is now.”  

    Full text of the resolution is available HERE.

    MIL OSI USA News

  • MIL-OSI China: Lantern Festival celebrated across China

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

    Lantern Festival celebrated across China

    Updated: February 13, 2025 07:09 Xinhua
    People visit a lantern fair at Beijing Garden Expo Park in Beijing, capital of China, Feb. 10, 2025. Two major lantern fairs are held in Beijing to mark the Lantern Festival, which falls on Wednesday. [Photo/Xinhua]
    People visit a lantern fair at Beijing Wenyuhe Park in Beijing, capital of China, Feb. 11, 2025. [Photo/Xinhua]
    Children make a lantern in Tianjin, north China, Feb. 12, 2025. Various activities were held across China to celebrate the Lantern Festival, which falls on the fifteenth day of the first month of the Chinese lunar calendar. [Photo/Xinhua]
    Folk artists perform a traditional dance in Jinan, east China’s Shandong Province, Feb. 12, 2025. [Photo/Xinhua]
    Folk artists stage a performance in Jingxing County, north China’s Hebei Province, Feb. 12, 2025. [Photo/Xinhua]
    Folk artists perform dragon dance in Zunhua, north China’s Hebei Province, Feb. 12, 2025. [Photo/Xinhua]
    People look at lanterns in Shijiazhuang, north China’s Hebei Province, Feb. 12, 2025. [Photo/Xinhua]
    Artists perform lion dance near the National Stadium in Beijing, capital of China, Feb. 12, 2025. Folk artists from Beijing, Zhejiang, Fujian and Shaanxi gathered at the Beijing Olympic Park to celebrate the Lantern Festival, the 15th day of the first month of the Chinese lunar calendar, with various forms of folklore performances listed as intangible cultural heritages. [Photo/Xinhua]
    Folk artists stage a performance in Changji City, northwest China’s Xinjiang Uygur Autonomous Region. Feb. 12, 2025. [Photo/Xinhua]
    People watch cross-talk performance at a temple fair in Hefei, east China’s Anhui Province, Feb. 12, 2025. [Photo/Xinhua]
    Folk artists stage a performance at China Flower Expo Park in Yinchuan, northwest China’s Ningxia Hui Autonomous Region, Feb. 12, 2025. [Photo/Xinhua]
    Folk artists stage a performance in Haoqiao Town of Xingtai City, north China’s Hebei Province, Feb. 12, 2025. [Photo/Xinhua]
    People pose for photos with lanterns in Beijing, capital of China, Feb. 12, 2025. [Photo/Xinhua]

    MIL OSI China News

  • MIL-OSI Global: Inflation is heating up again, putting pressure on Trump to cool it on tariffs

    Source: The Conversation – USA – By Jason Reed, Associate Teaching Professor of Finance, University of Notre Dame

    Inflation is building again; but the housing industry may find it harder to do so as a result of Trump tariffs. Win McNamee/Getty Images

    Inflation figures released on Feb. 12, 2025, will come as a disappointment to Americans who hoped President Donald Trump would be true to his word on bringing down prices “on Day One.” It will also put pressure on the new administration to be wary of policies that may heat up inflation – and that includes tariffs.

    The consumer price index, which measures the change in prices paid by consumers for a representative basket of goods and services, rose unexpectedly from December to January by 0.5%. It means consumers are paying around 3% more on item prices than they were a year ago.

    Economists had been expecting the pace of inflation to slow in January.

    The news isn’t good for anyone concerned. It means inflation remains above the Federal Reserve’s long-run target of 2% – making it harder for the central bank to cut rates at its next meeting on March 19. At its last meeting, the rate-setting Federal Open Market Committee kept its benchmark federal funds rate unchanged at a range of 4.25-4.50%.

    Following the release of the latest inflation data, markets have a stronger conviction that the Fed will again hold rates steady when it meets in March.

    It also means more pain for consumers. Higher interest rates set by the Fed play a large role in determining rates for mortgages, credit cards and auto loans. If January’s rate of inflation were to continue throughout 2025, consumers would see a painful 6.2% annualized inflation rate.

    And although it would be churlish to link the latest jump in inflation to an administration just weeks old, it does put into focus the current slate of Trump economic policies. Economists have long warned that imposing tariffs on imports and cutting taxes does little to curb inflation – rather, they may contribute to faster price increases.

    Already, China has been hit by a 10% tariff on all products. Trump has also proposed a 25% tariff on all steel and aluminum imports, and he mulled imposing new tariffs on Canada and Mexico – two of the United States’ largest trading partners.

    I believe that if these wide-ranging tariffs come into effect, the Federal Reserve will have no choice but to keep rates elevated for the remainder of 2025.

    Revving up for higher car costs

    One of the largest drivers of inflation in January was rent increases, which accounted for nearly 30% of all items increase. Rents jumped 4.6% from a year earlier.

    If Trump’s tariffs on Canadian imports, like lumber, take effect, Americans can expect continued price increases in the homebuilding sector. Supply and demand imbalances remain a key driver for higher prices, so fewer houses being built due to higher materials cost will likely lead to higher rents.

    Consumers saw better news on new vehicle prices, which remained flat over the month and showed slight declines from a year ago.

    This is even as demand for new cars increased 2.5% over 2024. In January 2025, the number of new vehicles sold topped the same month a year earlier for the fifth month in a row.

    But as with homebuilding, any tariffs on the import of car parts or materials will impact the auto industry. Carmakers may have breathed an immediate breath of relief when Trump delayed new tariffs on Canada and Mexico. But if deals aren’t reached by the March 1 deadline, industry analysts expect immediate impacts on top sellers.

    And any higher cost of new cars will have a knock-on effect on used cars, which saw prices jump 2.2% in January – it’s largest increase since May 2023.

    Increased prices are no yoke! (groan)

    Of course, not all inflationary pressures are in the purview of government.

    The transportation sector, which includes insurance and parking fees, increased by 8% over the year. Insurance prices soared almost 12%, on the back of last year’s 20.6% increase in prices, while parking fees increased by almost 5% as a result of more expensive repairs and more dangerous driving behaviors.

    Meanwhile, with bird flu continuing to spread, egg prices rose a shocking 15.2% in January, and are 53% more expensive than at this time last year.

    All in all, voters who cited inflation as the main reason they were backing Trump may be feeling a little uneasy – the administration is only a few weeks old, but for one reason or other, Americans are experiencing ever higher prices with little relief in sight.

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

    ref. Inflation is heating up again, putting pressure on Trump to cool it on tariffs – https://theconversation.com/inflation-is-heating-up-again-putting-pressure-on-trump-to-cool-it-on-tariffs-249815

    MIL OSI – Global Reports

  • MIL-OSI United Nations: Security Council Press Statement on Terrorist Attack in Afghanistan

    Source: United Nations General Assembly and Security Council

    The following Security Council press statement was issued today by Council President Fu Cong (China):

    The members of the Security Council condemned in the strongest terms the heinous terrorist attack that occurred outside a bank in the city of Kunduz in northern Afghanistan, on 11 February, which was claimed by ISIL (Da’esh)-K and resulted in at least tens of people killed and wounded.

    The members of the Security Council expressed their deepest sympathy and condolences to the families of the victims, and they wished a speedy and full recovery to those who were injured.

    The members of the Security Council reaffirmed that terrorism in all its forms and manifestations constitutes one of the most serious threats to peace and security in Afghanistan, as well as in the world.

    The members of the Security Council underlined the need to hold perpetrators, organizers, financiers and sponsors of these reprehensible acts of terrorism accountable and bring them to justice.  They urged all States, in accordance with their obligations under international law and relevant Security Council resolutions, to cooperate actively with all relevant authorities in this regard.

    The members of the Security Council reiterated that any acts of terrorism are criminal and unjustifiable, regardless of their motivation, wherever, whenever and by whomsoever committed.  They reaffirmed the need for all States to combat by all means, in accordance with the Charter of the United Nations and other obligations under international law, including international human rights law, international refugee law and international humanitarian law, threats to international peace and security caused by terrorist acts.

    Security Council Press Statement on Terrorist Attack in Afghanistan.

    MIL OSI United Nations News

  • MIL-OSI Global: The Paris summit marks a tipping point on AI’s safety and sustainability

    Source: The Conversation – Canada – By Robert Diab, Professor, Faculty of Law, Thompson Rivers University

    United States Vice President JD Vance made headlines this week by refusing to sign a declaration at a global summit in Paris on artificial intelligence.

    In his first appearance on the world stage, Vance made clear that the U.S. wouldn’t be playing ball. The Donald Trump administration believes that “excessive regulation of the AI sector could kill a transformative industry just as it’s taking off,” he said. “We’ll make every effort to encourage pro-growth AI policies.”

    His remarks confirmed a widespread fear that Trump’s return to the White House will signal a sharp turn in tech policy. American tech companies and their billionaire owners will now be shielded from effective oversight.

    But upon a closer look, events this week point to signs that just the opposite may be unfolding. A host of nations took notable steps towards address growing safety and environmental concerns about AI, indicating that a regulatory tipping point has been reached.

    Prime Minister Justin Trudeau delivered the keynote address at the AI Action Summit in Paris, France.

    Wide consensus

    The two-day global summit in Paris, chaired by France and India, led to broad consensus. Some 60 countries signed on to a Statement on Inclusive and Sustainable AI. This included Canada, the European Commission, India and China.

    Both the U.S. and the United Kingdom declined to sign on. But the prevailing winds are against them.

    The meeting in Paris was the third global summit on AI, following meet-ups at Bletchley Park in the U.K. in 2023 and in Seoul, South Korea, in 2024. Each of them ended with similar declarations widely endorsed.

    The Paris communiqué calls for an “inclusive approach” to AI, seeking to “narrow inequalities” in AI capabilities among countries. It encourages “avoiding market concentration” and affirms the need for openness and transparency in building and sharing technology and expertise.

    The document is not binding. It does little more than tout principles, or affirm a collective sentiment among the parties. One of these — perhaps the most important — is to keep talking, meeting and working together on the common concerns that AI raises.

    Environmental challenges

    Meanwhile, a smaller group of countries at the Paris summit, along with 37 tech companies, agreed to form a Coalition for Sustainable AI — setting out a series of goals and deliverables.

    While nothing is binding on the parties, the goals are notably specific. They include coming up with standards for measuring AI’s environmental impact and more effective ways for companies to report on the impact. Parties also aim to “optimize algorithms to reduce computational complexity and minimize data usage.”

    Even if most of this turns out to be merely aspirational, it’s important that the coalition offers a platform for collaboration on these initiatives. At the very least, it signals a likelihood that sustainability will be at the forefront of debate about AI moving forward.




    Read more:
    AI is bad for the environment, and the problem is bigger than energy consumption


    Signing the first international treaty on AI

    A further notable event at the summit was that Canada signed the Council of Europe’s Framework Convention on Artificial Intelligence and Human Rights, Democracy and the Rule of Law. In recent months, 12 other countries had signed, including the U.S. (under former president Joe Biden), the U.K., Israel and the European Union.

    The convention commits parties to pass domestic laws on AI that deal with privacy, bias and discrimination, safety, transparency and environmental sustainability.

    The treaty has been criticized for containing no more than “broad affirmations” and imposing few clear obligations. But it does show that countries are committed to passing law to ensure that AI development unfolds within boundaries — and they’re eager to see more countries do the same.

    If Canada were to ratify the treaty, Parliament would likely revive Bill C-27, which contained the AI and Data Act.




    Read more:
    The federal government’s proposed AI legislation misses the mark on protecting Canadians


    The act aimed to do much of what Canada agrees to do under the convention: impose greater oversight of the development and use of AI. This includes transparency and disclosure requirements on AI companies, and stiff penalties for failure to comply.

    What does this really mean?

    While the U.S. signed the convention on AI and human rights, democracy and rule of law in the fall of 2024, it likely won’t be implemented by a Republican Congress. The same might happen in Canada under a Conservative government led by Pierre Poilievre. He could also decide not to fulfil commitments made under other agreements about AI.

    And if Poilievre comes to power by the time Canada hosts the next G7 meeting in June, he might decline to honour the Trudeau government’s commitment to make AI regulation a central focus of the meeting.

    The Trump administration may have ushered in a period of more lax tech regulation in the U.S., and Silicon Valley is indeed a key player in tech — especially AI. But it’s a wide world, with many other important players in this space, including China, Europe and Canada.

    The events in Paris have revealed a strong interest among nations around the globe to regulate AI, and specifically to foster ideas about inclusion and sustainability. If the Paris summit was any indication, the hope of sheltering AI from effective regulation won’t last long.

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

    ref. The Paris summit marks a tipping point on AI’s safety and sustainability – https://theconversation.com/the-paris-summit-marks-a-tipping-point-on-ais-safety-and-sustainability-249706

    MIL OSI – Global Reports

  • MIL-OSI: MKS Instruments Reports Fourth Quarter and Full-Year 2024 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    • Quarterly revenue of $935 million, above the midpoint of guidance
    • Quarterly GAAP net income of $90 million and net income per diluted share of $1.33
    • Quarterly Adjusted EBITDA of $237 million and Non-GAAP net earnings per diluted share of $2.15, above the midpoint of guidance

    ANDOVER, Mass., Feb. 12, 2025 (GLOBE NEWSWIRE) — MKS Instruments, Inc. (NASDAQ: MKSI), a global provider of enabling technologies that transform our world, today reported fourth quarter and full year 2024 financial results.

    “MKS delivered revenue and adjusted EBITDA above the midpoint of our outlook, closing out 2024 on an impressive note against a mixed demand backdrop,” said John T.C. Lee, President and Chief Executive Officer. “Our broad and deep technology portfolio serving an array of semiconductor, electronics and industrial applications enables us to address key demand opportunities as broader end market recovery begins to develop.”

    Mr. Lee added, “We enter 2025 in a strong position, highlighted by increasing customer engagement with our World Class Optics solutions, as well as solid trends in our chemistry business as we demonstrate the pivotal role we play in advanced electronics.”

    “Our revenue and profitability remained robust in the fourth quarter as our team executed well,” said Ram Mayampurath, Executive Vice President, Chief Financial Officer and Treasurer.

    Mr. Mayampurath added, “We delivered continued healthy gross margin, earnings per share growth and increased operating cash flow in 2024. This underscores the value customers see in our technology portfolio as well as our strong focus on both cost management and cash generation. We also continue to make good progress proactively managing our leverage, completing another repricing of our term loan B and making a voluntary principal prepayment of $100 million in January.”

    First Quarter 2025 Guidance

    For the first quarter of 2025, the Company expects revenue of $910 million, plus or minus $40 million, GAAP net income of $43 million, plus or minus $19 million, Adjusted EBITDA of $217 million, plus or minus $23 million, GAAP net income per diluted share of $0.63, plus or minus $0.28, and Non-GAAP net earnings per diluted share of $1.40, plus or minus $0.27. The guidance for the first quarter is based on the current business environment, including the immaterial impact of the recently announced U.S. import tariffs up through but not including the date of this release. This guidance does not reflect the imposition of any other import tariffs by the United States or potential retaliatory actions taken by other countries. The Company will continue to monitor and adapt to changes in the business environment as needed.

    Conference Call Details

    A conference call with management will be held on Thursday, February 13, 2025 at 8:30 a.m. (Eastern Time). To participate in the call by phone, participants should visit the Investor Relations section of MKS’ website at investor.mks.com and click on Events & Presentations, where you will be able to register online and receive dial-in details. We encourage participants to register and dial in to the conference call at least 15 minutes before the start of the call to ensure a timely connection. A live and archived webcast and related presentation materials will be available on the Investor Relations section of the MKS website.

    About MKS Instruments

    MKS Instruments enables technologies that transform our world. We deliver foundational technology solutions to leading edge semiconductor manufacturing, electronics and packaging, and specialty industrial applications. We apply our broad science and engineering capabilities to create instruments, subsystems, systems, process control solutions and specialty chemicals technology that improve process performance, optimize productivity and enable unique innovations for many of the world’s leading technology and industrial companies. Our solutions are critical to addressing the challenges of miniaturization and complexity in advanced device manufacturing by enabling increased power, speed, feature enhancement, and optimized connectivity. Our solutions are also critical to addressing ever-increasing performance requirements across a wide array of specialty industrial applications. Additional information can be found at www.mks.com.

    Use of Non-GAAP Financial Results

    This press release includes financial measures that are not in accordance with U.S. generally accepted accounting principles (“Non-GAAP financial measures”). These Non-GAAP financial measures should be viewed in addition to, and not as a substitute for, MKS’ reported results under U.S. generally accepted accounting principles (“GAAP”), and may be different from Non-GAAP financial measures used by other companies. In addition, these Non-GAAP financial measures are not based on any comprehensive set of accounting rules or principles. MKS management believes the presentation of these Non-GAAP financial measures is useful to investors for comparing prior periods and analyzing ongoing business trends and operating results. For further information regarding these Non-GAAP financial measures, please refer to the tables presenting reconciliations of our Non-GAAP results to our GAAP results and the “Notes on Our Non-GAAP Financial Information” at the end of this press release.

    Selected GAAP and Non-GAAP Financial Measures
    (In millions, except per share data)

      Quarter   Full Year
      Q4 2024   Q3 2024   Q4 2023     2024       2023  
    Net Revenues                  
    Semiconductor $ 400     $ 378     $ 362     $ 1,498     $ 1,479  
    Electronics & Packaging   254       231       226     $ 922     $ 916  
    Specialty Industrial   281       287       305     $ 1,166     $ 1,227  
    Total net revenues $ 935     $ 896     $ 893     $ 3,586     $ 3,622  
    GAAP Financial Measures                  
    Gross margin   47.2 %     48.2 %     46.0 %     47.6 %     45.3 %
    Operating margin   14.5 %     14.3 %     2.7 %     13.9 %     (42.9 %)
    Net income (loss) $ 90     $ 62     $ (68 )   $ 190     $ (1,841 )
    Diluted income (loss) per share $ 1.33     $ 0.92       (1.02 )   $ 2.81     $ (27.54 )
    Non-GAAP Financial Measures                  
    Gross margin   47.2 %     48.2 %     46.0 %     47.6 %     45.7 %
    Operating margin   21.3 %     21.8 %     20.3 %     21.3 %     19.5 %
    Net earnings $ 146     $ 116     $ 78     $ 444     $ 297  
    Diluted earnings per share $ 2.15     $ 1.72     $ 1.17     $ 6.58     $ 4.43  
                                           

    Additional Financial Information

    At December 31, 2024, the Company had $714 million in cash and cash equivalents, $3.2 billion of secured term loan principal outstanding, $1.4 billion of convertible senior notes outstanding and up to $675 million of additional borrowing capacity under a revolving credit facility, subject to certain leverage ratio requirements. During the fourth quarter of 2024, the Company paid a cash dividend of $15 million or $0.22 per diluted share and made a voluntary principal prepayment of €200 million, which equated to $216 million, on its EUR term loan B.

    In January 2025, the Company completed the repricing of its USD term loan B and EUR term loan B and made a voluntary principal prepayment of $100 million on its USD term loan B.

    SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS

    This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 regarding the future financial performance, business prospects and growth of MKS Instruments, Inc. (“MKS,” the “Company,” “our,” or “we”). These statements are only predictions based on current assumptions and expectations. Any statements that are not statements of historical fact (including statements containing the words “will,” “projects,” “intends,” “believes,” “plans,” “anticipates,” “expects,” “estimates,” “forecasts,” “continues” and similar expressions) should be considered to be forward-looking statements. Actual events or results may differ materially from those in the forward-looking statements set forth herein. Among the important factors that could cause actual events to differ materially from those in the forward-looking statements that we make are the level and terms of our substantial indebtedness and our ability to service such debt; our entry into the chemicals technology business through our acquisition of Atotech Limited (“Atotech”) in August 2022 (the “Atotech Acquisition”), which has exposed us to significant additional liabilities; the risk that we are unable to realize the anticipated benefits of the Atotech Acquisition; legal, reputational, financial and contractual risks resulting from the ransomware incident we identified in February 2023, and other risks related to cybersecurity, data privacy and intellectual property; competition from larger, more advanced or more established companies in our markets; the ability to successfully grow our business, including through growth of the Atotech business and growth of the Electro Scientific Industries, Inc. business, which we acquired in February 2019, and financial risks associated with those and potential future acquisitions, including goodwill and intangible asset impairments; manufacturing and sourcing risks, including those associated with limited and sole source suppliers and the impact and duration of supply chain disruptions, component shortages, and price increases; changes in global demand; the impact of a pandemic or other widespread health crisis; risks associated with doing business internationally, including geopolitical conflicts, such as the conflict in the Middle East, trade compliance, trade protection measures, such as import tariffs by the United States or retaliatory actions taken by other countries, regulatory restrictions on our products, components or markets, particularly the semiconductor market, and unfavorable currency exchange and tax rate fluctuations, which risks become more significant as we grow our business internationally and in China specifically; conditions affecting the markets in which we operate, including fluctuations in capital spending in the semiconductor, electronics manufacturing and automotive industries, and fluctuations in sales to our major customers; disruptions or delays from third-party service providers upon which our operations may rely; the ability to anticipate and meet customer demand; the challenges, risks and costs involved with integrating or transitioning global operations of the companies we have acquired; risks associated with the attraction and retention of key personnel; potential fluctuations in quarterly results; dependence on new product development; rapid technological and market change; acquisition strategy; volatility of stock price; risks associated with chemical manufacturing and environmental regulation compliance; risks related to defective products; financial and legal risk management; and the other important factors described under the heading “Risk Factors” in Part I, Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2023 and any subsequent Quarterly Reports on Form 10-Q, each as filed with the U.S. Securities and Exchange Commission. MKS is under no obligation to, and expressly disclaims any obligation to, update or alter these forward-looking statements, whether as a result of new information, future events or otherwise, even if subsequent events cause our views to change, after the date of this press release. Amounts reported in this press release are preliminary and subject to finalization prior to the filing of our Annual Report on Form 10-K for the year ended December 31, 2024.

    Company Contact:
    Paretosh Misra
    Vice President, Investor Relations
    Telephone: (978) 284-4705
    Email: paretosh.misra@mks.com 

    MKS Instruments, Inc.
    Unaudited Consolidated Statements of Operations
    (In millions, except per share data)
                       
      Three Months Ended   Twelve Months Ended
      December 31,   September 30,   December 31,   December 31,   December 31,
        2024       2024       2023       2024       2023  
    Net revenues:                  
    Products $ 824     $ 776     $ 785     $ 3,124     $ 3,200  
    Services   111       120       108       462       422  
    Total net revenues   935       896       893       3,586       3,622  
    Cost of revenues:                  
    Products   443       410       423       1,662       1,748  
    Services   51       54       59       216       232  
    Total cost of revenues (exclusive of amortization shown separately below)   494       464       482       1,878       1,980  
    Gross profit   441       432       411       1,708       1,642  
    Research and development   65       70       70       271       288  
    Selling, general and administrative   176       167       160       674       675  
    Acquisition and integration costs   3       3       3       9       16  
    Restructuring and other   1       1       7       6       20  
    Fees and expenses related to the repricing of Term Loan Facility         2       2       5       2  
    Amortization of intangible assets   61       61       70       245       295  
    Goodwill and intangible asset impairment               75             1,902  
    Gain on sale of long-lived assets                           (2 )
    Income (loss) from operations   135       128       24       498       (1,554 )
    Interest income   (5 )     (6 )     (7 )     (21 )     (17 )
    Interest expense   54       64       90       284       356  
    Loss on extinguishment of debt   4       5       8       57       8  
    Other expense (income), net   3       5       12       (2 )     27  
    Income (loss) before income taxes   79       60       (79 )     180       (1,928 )
    (Benefit) provision for income taxes   (11 )     (2 )     (11 )     (10 )     (87 )
    Net income (loss) $ 90     $ 62     $ (68 )   $ 190     $ (1,841 )
    Net income (loss) per share:                  
    Basic $ 1.34     $ 0.92     $ (1.02 )   $ 2.82     $ (27.54 )
    Diluted $ 1.33     $ 0.92     $ (1.02 )   $ 2.81     $ (27.54 )
    Cash dividends per common share $ 0.22     $ 0.22     $ 0.22     $ 0.88     $ 0.88  
    Weighted average shares outstanding:                  
    Basic   67.4       67.4       66.9       67.3       66.8  
    Diluted   67.7       67.6       66.9       67.6       66.8  
    MKS Instruments, Inc.
    Unaudited Consolidated Balance Sheets
    (In millions)
           
           
      December 31,   December 31,
        2024       2023  
    ASSETS      
    Cash and cash equivalents $ 714     $ 875  
    Trade accounts receivable, net   615       603  
    Inventories   893       991  
    Other current assets   252       227  
    Total current assets   2,474       2,696  
    Property, plant and equipment, net   771       784  
    Right-of-use assets   238       225  
    Goodwill   2,479       2,554  
    Intangible assets, net   2,272       2,619  
    Other assets   356       240  
    Total assets $ 8,590     $ 9,118  
    LIABILITIES AND STOCKHOLDERS’ EQUITY      
    Short-term debt $ 50     $ 93  
    Accounts payable   341       327  
    Other current liabilities   384       428  
    Total current liabilities   775       848  
    Long-term debt, net   4,488       4,696  
    Non-current deferred taxes   504       640  
    Non-current accrued compensation   141       151  
    Non-current lease liabilities   211       205  
    Other non-current liabilities   149       106  
    Total liabilities   6,268       6,646  
    Stockholders’ equity:      
    Common stock          
    Additional paid-in capital   2,067       2,195  
    Retained earnings   503       373  
    Accumulated other comprehensive loss   (248 )     (96 )
    Total stockholders’ equity   2,322       2,472  
    Total liabilities and stockholders’ equity $ 8,590     $ 9,118  
           
    MKS Instruments, Inc.
    Unaudited Consolidated Statements of Cash Flows
    (In millions)
                       
      Three Months Ended   Twelve Months Ended
      December 31,   September 30,   December 31,   December 31,   December 31,
        2024       2024       2023       2024       2023  
    Cash flows from operating activities:                  
    Net income (loss) $ 90     $ 62     $ (68 )   $ 190     $ (1,841 )
    Adjustments to reconcile net income (loss) to net cash provided by operating activities:                  
    Depreciation and amortization   87       87       95       348       397  
    Goodwill and intangible asset impairments               75             1,902  
    Unrealized loss (gain) on derivatives not designated as hedging instruments   11       2       10       13       32  
    Amortization of debt issuance costs and original issue discount   7       7       10       30       33  
    Loss on extinguishment of debt   4       5       8       57       8  
    Gain on sale of long-lived assets                           (2 )
    Stock-based compensation   11       11       11       48       54  
    Provision for excess and obsolete inventory   15       16       10       56       64  
    Deferred income taxes   (58 )     (72 )     (61 )     (226 )     (234 )
    Other   2       2             8       5  
    Changes in operating assets and liabilities, net of acquired assets and liabilities   7       43       90       4       (99 )
    Net cash provided by operating activities   176       163       180       528       319  
    Cash flows from investing activities:                  
    Proceeds from sale of long-lived assets         1             1       3  
    Purchases of property, plant and equipment   (51 )     (22 )     (34 )     (118 )     (87 )
    Net cash used in investing activities   (51 )     (21 )     (34 )     (117 )     (84 )
    Cash flows from financing activities:                  
    Proceeds from borrowings               214       2,161       216  
    Payments of borrowings   (229 )     (123 )     (336 )     (2,427 )     (403 )
    Purchase of capped calls related to Convertible Notes                     (167 )      
    Payments of deferred financing fees               (9 )     (33 )     (9 )
    Dividend payments   (15 )     (15 )     (15 )     (59 )     (59 )
    Net proceeds (payments) related to employee stock awards   3       (1 )     4       (9 )     (1 )
    Other financing activities   (5 )     (5 )     (1 )     (15 )     (3 )
    Net cash used in financing activities   (246 )     (144 )     (143 )     (549 )     (259 )
    Effect of exchange rate changes on cash and cash equivalents   (26 )     13       13       (23 )     (10 )
    (Decrease) increase in cash and cash equivalents   (147 )     11       16       (161 )     (34 )
    Cash and cash equivalents at beginning of period   861       850       859       875       909  
    Cash and cash equivalents at end of period $ 714     $ 861       875     $ 714     $ 875  
                       
    The following supplemental Non-GAAP earnings information is presented to aid in understanding MKS’ operating results:            
                       
    MKS Instruments, Inc.
    Schedule Reconciling Selected Non-GAAP Financial Measures
    (In millions, except per share data)
                       
                       
      Three Months Ended   Twelve Months Ended
      December 31,   September 30,   December 31,   December 31,   December 31,
        2024       2024       2023       2024       2023  
    Net income (loss) $ 90     $ 62     $ (68 )   $ 190     $ (1,841 )
    Acquisition and integration costs (Note 1)   3       3       3       9       16  
    Restructuring and other (Note 2)   1       1       7       6       20  
    Amortization of intangible assets   61       61       70       245       295  
    Loss on debt extinguishment (Note 3)   4       5       8       57       8  
    Amortization of debt issuance costs (Note 4)   5       5       7       21       24  
    Fees and expenses related to repricing of Term Loan Facility (Note 5)         2       2       5       2  
    Goodwill and intangible asset impairment (Note 6)               75             1,902  
    Gain on sale of long-lived assets (Note 7)                           (2 )
    Ransomware incident (Note 8)               1             15  
    Excess and obsolete charge from discontinued product line (Note 9)                           13  
    Tax effect of Non-GAAP adjustments (Note 10)   (18 )     (23 )     (26 )     (89 )     (156 )
    Non-GAAP net earnings $ 146     $ 116     $ 78     $ 444     $ 297  
    Non-GAAP net earnings per diluted share $ 2.15     $ 1.72     $ 1.17     $ 6.58     $ 4.43  
    Weighted average diluted shares outstanding   67.7       67.6       67.1       67.6       67.0  
                       
    Net cash provided by operating activities $ 176     $ 163     $ 180     $ 528     $ 319  
    Purchases of property, plant and equipment   (51 )     (22 )     (34 )     (118 )     (87 )
    Free cash flow $ 125     $ 141     $ 146     $ 410     $ 232  
                       
    MKS Instruments, Inc.
    Schedule Reconciling Selected Non-GAAP Financial Measures
    (In millions)
                       
      Three Months Ended   Twelve Months Ended
      December 31,   September 30,   December 31,   December 31,   December 31,
        2024       2024       2023       2024       2023  
    Gross profit $ 441     $ 432     $ 411     $ 1,708     $ 1,642  
    Gross margin   47.2 %     48.2 %     46.0 %     47.6 %     45.3 %
    Excess and obsolete charge from discontinued product line (Note 9)                           13  
    Non-GAAP gross profit $ 441     $ 432     $ 411     $ 1,708     $ 1,655  
    Non-GAAP gross margin   47.2 %     48.2 %     46.0 %     47.6 %     45.7 %
    Operating expenses $ 306     $ 304     $ 387     $ 1,210     $ 3,196  
    Acquisition and integration costs (Note 1)   3       3       3       9       16  
    Restructuring and other (Note 2)   1       1       7       6       20  
    Amortization of intangible assets   61       61       70       245       295  
    Fees and expenses related to repricing of Term Loan Facility (Note 5)         2       2       5       2  
    Goodwill and intangible asset impairment (Note 6)               75             1,902  
    Gain on sale of long-lived assets (Note 7)                           (2 )
    Ransomware incident (Note 8)               1             15  
    Non-GAAP operating expenses $ 242     $ 237     $ 229     $ 945     $ 948  
    Income (loss) from operations $ 135     $ 128     $ 24     $ 498     $ (1,554 )
    Operating margin   14.5 %     14.3 %     2.7 %     13.9 %     (42.9 %)
    Acquisition and integration costs (Note 1)   3       3       3       9       16  
    Restructuring and other (Note 2)   1       1       7       6       20  
    Amortization of intangible assets   61       61       70       245       295  
    Fees and expenses related to repricing of Term Loan Facility (Note 5)         2       2       5       2  
    Goodwill and intangible asset impairment (Note 6)               75             1,902  
    Gain on sale of long-lived assets (Note 7)                           (2 )
    Ransomware incident (Note 8)               1             15  
    Excess and obsolete charge from discontinued product line (Note 9)                           13  
    Non-GAAP income from operations $ 199     $ 195     $ 182     $ 763     $ 707  
    Non-GAAP operating margin   21.3 %     21.8 %     20.3 %     21.3 %     19.5 %
    Interest expense, net $ 49     $ 58     $ 83     $ 263     $ 339  
    Amortization of debt issuance costs (Note 4)   5       5       7       21       24  
    Non-GAAP interest expense, net $ 45     $ 53     $ 76     $ 242     $ 315  
    Net income (loss) $ 90     $ 62     $ (68 )   $ 190     $ (1,841 )
    Interest expense, net   49       58       83       263       339  
    Other expense (income), net   3       5       12       (2 )     27  
    (Benefit) provision for income taxes   (11 )     (2 )     (11 )     (10 )     (87 )
    Depreciation   26       26       25       103       102  
    Amortization   61       61       70       245       295  
    Stock-based compensation   11       11       11       48       54  
    Acquisition and integration costs (Note 1)   3       3       3       9       16  
    Restructuring and other (Note 2)   1       1       7       6       20  
    Loss on debt extinguishment (Note 3)   4       5       8       57       8  
    Fees and expenses related to repricing of Term Loan Facility (Note 5)         2       2       5       2  
    Goodwill and intangible asset impairment (Note 6)               75             1,902  
    Gain on sale of long-lived assets (Note 7)                           (2 )
    Ransomware incident (Note 8)               1             15  
    Excess and obsolete charge from discontinued product line (Note 9)                           13  
    Adjusted EBITDA $ 237     $ 232     $ 218     $ 914     $ 863  
    Adjusted EBITDA margin   25.3 %     25.9 %     24.4 %     25.5 %     23.8 %
                       
    MKS Instruments, Inc.
    Reconciliation of GAAP Income Tax Rate to Non-GAAP Income Tax Rate
    (In millions)
                           
                           
      Three Months Ended December 31, 2024   Three Months Ended December 31, 2023
      Income Before   (Benefit) Provision   Effective   (Loss) Income Before   (Benefit) Provision   Effective
      Income Taxes   for Income Taxes   Tax Rate   Income Taxes   for Income Taxes   Tax Rate
                           
    GAAP $ 79   $ (11 )   (14.5 %)   $ (79 )   $ (11 )   14.2 %
    Acquisition and integration costs (Note 1)   3               3            
    Restructuring and other (Note 2)   1               7            
    Amortization of intangible assets   61               70            
    Loss on debt extinguishment (Note 3)   4               8            
    Amortization of debt issuance costs (Note 4)   5               7            
    Fees and expenses related to repricing of Term Loan Facility (Note 5)                 2            
    Goodwill and intangible asset impairment (Note 6)                 75            
    Ransomware incident (Note 8)                 1            
    Tax effect of Non-GAAP adjustments (Note 10)       18                 26      
    Non-GAAP $ 153   $ 7     4.0 %   $ 94     $ 15     15.6 %
                           
      Three Months Ended September 30, 2024
      Income Before   (Benefit) Provision    Effective
      Income Taxes   for Income Taxes   Tax Rate
    GAAP $ 60   $ (2 )   (4.0 %)
    Acquisition and integration costs (Note 1)   3          
    Restructuring and other (Note 2)   1          
    Amortization of intangible assets   61          
    Loss on debt extinguishment (Note 3)   5          
    Amortization of debt issuance costs (Note 4)   5          
    Fees and expenses related to repricing of Term Loan Facility (Note 5)   2          
    Tax effect of Non-GAAP adjustments (Note 10)       23      
    Non-GAAP $ 137   $ 21     15.1 %
               
      Twelve Months Ended December 31, 2024   Twelve Months Ended December 31, 2023
      Income Before   (Benefit) Provision   Effective   (Loss) Income Before   (Benefit) Provision    Effective
      Income Taxes   for Income Taxes   Tax Rate   Income Taxes   for Income Taxes   Tax Rate
    GAAP $ 180   $ (10 )   (5.7 %)   $ (1,928 )   $ (87 )   4.5 %
    Acquisition and integration costs (Note 1)   9               16            
    Restructuring and other (Note 2)   6               20            
    Amortization of intangible assets   245               295            
    Loss on debt extinguishment (Note 3)   57               8            
    Amortization of debt issuance costs (Note 4)   21               24            
    Fees and expenses related to repricing of Term Loan Facility (Note 5)   5               2            
    Goodwill and intangible asset impairment (Note 6)                 1,902            
    Gain on sale of long-lived assets (Note 7)                 (2 )          
    Ransomware incident (Note 8)                 15            
    Excess and obsolete charge from discontinued product line (Note 9)                 13            
    Tax effect of Non-GAAP adjustments (Note 10)       89                 156      
    Non-GAAP $ 523   $ 78     14.8 %   $ 366     $ 69     18.9 %
                           
    MKS Instruments, Inc.  
    Schedule Reconciling Selected Non-GAAP Financial Measures – Q1’25 Guidance  
    (In millions, except per share data)  
               
               
        Three Months Ending March 31, 2025  
        $ Amount   Per Share  
    GAAP net income and net income per share   $ 43     $ 0.63  
    Amortization of intangible assets     60        
    Loss on debt extinguishment     3        
    Amortization of debt issuance costs     4        
    Fees and expenses related to repricing of Term Loan Facility     2        
    Tax effect of Non-GAAP adjustments     (17 )      
    Non-GAAP net earnings and net earnings per share   $ 95     $ 1.40  
    Estimated weighted average diluted shares     67.8        
               
    GAAP operating expenses   $ 317        
    Amortization of intangible assets     (60 )      
    Fees and expenses related to repricing of Term Loan Facility     (2 )      
    Non-GAAP operating expenses   $ 255        
               
    GAAP net income     43        
    Interest expense, net     50        
    Provision for income taxes     10        
    Depreciation     26        
    Amortization of intangible assets     60        
    Stock-based compensation     23        
    Loss on debt extinguishment     3        
    Fees and expenses related to repricing of Term Loan Facility     2        
    Adjusted EBITDA   $ 217        
               

    MKS Instruments, Inc.
    Notes on Our Non-GAAP Financial Information

    Non-GAAP financial measures adjust GAAP financial measures for the items listed below. These Non-GAAP financial measures should be viewed in addition to, and not as a substitute for, MKS’ reported GAAP results, and may be different from Non-GAAP financial measures used by other companies. In addition, these Non-GAAP financial measures are not based on any comprehensive set of accounting rules or principles. MKS management believes the presentation of these Non-GAAP financial measures is useful to investors for comparing prior periods and analyzing ongoing business trends and operating results. Totals presented may not sum and percentages may not recalculate using figures presented due to rounding.

    Note 1: Acquisition and integration costs related to the Atotech Acquisition.

    Note 2: Restructuring costs primarily related to severance costs due to global cost-saving initiatives. Other costs related to certain legal matters.

    Note 3:  During the three and twelve months ended December 31, 2024, we recorded charges to write-off deferred financing fees and original issue discount costs related to voluntary principal prepayments on our USD term loan B. During the three months ended September 30, 2024 and the twelve months ended December 31, 2024, we recorded charges to write-off deferred financing fees and original issue discount costs related to the repricing of our USD term loan B and EUR term loan B. Additionally, during the twelve months ended December 31, 2024, we recorded charges to (i) write-off deferred financing fees and original issue discount costs related to voluntary principal prepayments on our EUR term loan B and (ii) write-off deferred financing fees related to the extinguishment of our term loan A. During the three and twelve months ended December 31, 2023, we recorded a charge to write-off deferred financing fees and original issue discount costs related to the repricing of our USD term loan B and the voluntary prepayment on our USD Tranche A loan.

    Note 4: We recorded additional interest expense related to the amortization of deferred financing costs associated with our term loan facility.

    Note 5: During the twelve months ended December 31, 2024 and the three months ended September 30, 2024, we recorded fees and expenses related to the repricing of our USD term loan B and EUR term loan B. During the twelve months ended December 31, 2024, we also recorded fees and expenses related to an amendment to our term loan facility where we borrowed additional amounts under our USD term loan B and EUR term loan B and fully repaid our term loan A. During the three and twelve months ended December 31, 2023, we recorded fees and expenses related to the repricing of our USD term loan B.

    Note 6: During the twelve months ended December 31, 2023, we noted softer industry demand, particularly in the personal computer and smartphone markets and concluded there was a triggering event at our Materials Solutions Division, which represents the former Atotech business, and Equipment Solutions Business, which represents the former Electro Scientific Industries business and is a reporting unit of our Photonics Solutions Division. We performed a quantitative assessment which resulted in an impairment of $1.3 billion for our Materials Solutions Division and $0.5 billion for our Equipment Solutions Business. In addition, during the three months ended December 31, 2023, as part of our annual goodwill and intangible asset impairment analysis, we recorded additional impairment charges of $62 million for our Materials Solutions Division and $13 million for our Equipment Solutions Business.

    Note 7: We recorded a gain on the sale of a minority interest investment in a private company.

    Note 8: We recorded costs, net of recoveries, associated with the ransomware incident we identified on February 3, 2023. These costs were primarily comprised of various third-party consulting services, including forensic experts, restoration experts, legal counsel, and other information technology and accounting professional expenses, enhancements to our cybersecurity measures, and costs to restore our systems and access our data.

    Note 9: We recorded an excess and obsolescence inventory charge related to a product line that was discontinued.

    Note 10: Non-GAAP adjustments are tax effected at applicable statutory rates resulting in a difference between the GAAP and Non-GAAP tax rates.

    The MIL Network

  • MIL-OSI USA: Cortez Masto, Risch Renew Push for Bipartisan Legislation to Protect Critical Mineral Production in the West

    US Senate News:

    Source: United States Senator for Nevada Cortez Masto
    Washington, D.C. – Today, U.S. Senator Catherine Cortez Masto (D-Nev.) and Jim Risch (R-Idaho) reintroduced the Mining Regulatory Clarity Act to allow critical mineral production to continue in the West. This bill is led in the U.S. House of Representatives by Congressman Mark Amodei (R-Nev.-02).
    “We need to streamline our federal permitting process to unleash the full potential of Nevada’s critical mineral economy,” said Senator Cortez Masto. “I’m continuing my bipartisan push to pass this commonsense bill that will cut red tape, protect mining jobs in Nevada, help support clean energy projects nationwide.”
    “Domestic mineral production is critical to everyday energy, technology, and national security needs,” said Senator Risch. “For too long, Idaho’s minerals have been tied up in red tape, preventing responsible use of our natural resources. The Mining Regulatory Clarity Act ensures mining projects in Idaho and across the West can proceed and provide invaluable support to our communities and country.” 
    “The Rosemont Decision overturned decades of established precedent that allowed our domestic mining operations to flourish, and instead blocked production efforts with excessive red tape,” said Representative Mark Amodei. “Out West, we have an abundance of natural resources that we can responsibly utilize to reduce our reliance on adversaries and strengthen our national security. This bill reverses the damage caused by the misguided Rosemont Decision and restores clarity for critical mining projects to move forward.”
    “The Nevada Mining Association applauds and supports the bipartisan Mining Regulatory Clarity Act,” said Amanda Hilton, President of Nevada Mining Association. “Nevada is a leading producer of critical minerals like copper, lithium, and magnesium, along with more than 20 other materials essential to daily life. This legislation provides necessary stability for Nevada’s modern mining industry, ensuring it can operate efficiently and sustain the high-paying jobs that tens of thousands of Nevada families depend on. We appreciate Senator Cortez Masto’s ongoing leadership in advocating for Nevada’s mining community.”
    “The bipartisan Mining Regulatory Clarity Act is KEY to ensuring the U.S. can use our vast domestic resources to build the essential mineral supply chains we know we must have,” said Rich Nolan, National Mining Association president and CEO. “China’s recent actions to cut off VITAL mineral supply chains underscores the need to strengthen domestic mineral supply chains for manufacturing, energy, national security and other priorities. This legislation ensures the fundamental ability to conduct responsible mining activities on federal lands. Regulatory certainty, or the lack thereof, will either underpin or undermine efforts to meet the extraordinary mineral demand now at our doorstep.”
    “BPC Action is pleased to see Sens. James Risch (R-ID) and Catherine Cortez Masto (D-NV) working together to tackle barriers to expand America’s critical mineral supply. The bipartisan Mining Regulatory Clarity Act provides much needed regulatory certainty for mining projects, strengthening critical mineral supply chains while driving job creation in the sector,” said Michele Stockwell, President of Bipartisan Policy Center Action. 
    “If we’re going to achieve U.S. energy dominance, spur innovation, and support American manufacturing, we need to expand the domestic production of critical minerals. We can do so while supporting workers, communities, and our natural resources through sensible, transparent, and efficient regulations. Advanced Energy United is encouraged to see the “Mining Regulatory Clarity Act,” which should enhance business certainty around our mining rules and regulations,” said Harry Godfrey, Managing Director for Federal Affairs at Advanced Energy United.
    “As demand for electric vehicles continues to grow at home and abroad, the need for mineral commodities, including lithium, cobalt, graphite, and copper will likewise rise dramatically. Mining is essential for the United States to fulfill demand in the electric vehicle and clean energy sectors, not to mention other mineral applications in defense, consumer electronics, and advanced computing. The Mining Regulatory Clarity Act is the result of a years-long, bipartisan effort to reestablish certainty for mineral producers in the United States. ZETA applauds Senators Cortez Masto and Risch for their tireless efforts to advance this critical legislation,” said Albert Gore, Zero Emission Transportation Association (ZETA).
    The Mining Regulatory Clarity Act provides regulatory certainty for mining projects and reaffirms long-held practice that some public land use under a mining claim inherently accompanies exploration and extraction activities for other mining-support activities. This bill creates an optional and voluntary pathway to allow use of public lands for ancillary purposes connected to a mining project that can only be used within an agency-approved Plan of Operations. The bill also creates a new revenue stream from new mill site claims to be dedicated to abandoned mine clean-up efforts. This legislation is cosponsored by Senators Jacky Rosen (D-Nev.), Mike Crapo (R-Idaho), and Lisa Murkowski (R-Alaska).
    Senator Cortez Masto has led efforts in Congress to support Nevada’s mining industry, protecting more than 83,000 local jobs and paving the way for Nevada to power the clean energy economy. She has consistently blocked burdensome taxes on mining and wrote important provisions of the Bipartisan Infrastructure Law to bolster Nevada’s critical mineral supply chain and fund battery recycling programs in the state. She’s also introduced bipartisan legislation to strengthen the domestic supply chain for rare-earth magnets.

    MIL OSI USA News

  • MIL-OSI USA: Citing National Security Concerns on Senate Floor, Shaheen Announces Opposition to Tulsi Gabbard’s Confirmation

    US Senate News:

    Source: United States Senator for New Hampshire Jeanne Shaheen
    (Washington, DC) – U.S. Senator Jeanne Shaheen, Ranking Member of the U.S. Senate Foreign Relations Committee and a top member of the U.S. Senate Armed Services Committee, took to the Senate floor to underscore her dire national security concerns ahead of the confirmation of Tulsi Gabbard to be the next Director of National Intelligence (DNI). Specifically, Shaheen highlighted Gabbard’s troubling history of siding with America’s adversaries over our own allies and national security interests, detailing the threat her confirmation would pose to U.S. national security and defense. At the conclusion of her remarks, Shaheen announced that she would oppose Gabbard’s nomination. Click here to watch Senator Shaheen’s full floor speech. 
    Key quotes from Senator Shaheen: 
    “Our adversaries will be thrilled if we confirm Tulsi Gabbard as Director of National Intelligence—no one more so than Russian President Vladimir Putin. Ms. Gabbard has not hidden her positive views of Russia and President Putin. While Ukrainians fight valiantly to protect their homeland and defend freedom and democracy, Tulsi Gabbard cozies up to Putin and publicly defends Russia’s brutal invasion.” 
    “I don’t relish the idea of America’s Director of National Intelligence—a role that includes such sensitive responsibilities such as producing the President’s Daily Brief and setting U.S. Policy for intelligence-sharing with foreign entities—I don’t appreciate the fact that she’s called ‘superwoman’ by a mouthpiece for the Kremlin.” 
    “To talk amiably about a brutal dictator who is openly opposed to American interests and human rights, a dictator like Assad, and like Putin for that matter, shows at best a lack of judgement and at worst allegiance to our adversaries.” 
    “I think this chamber faces a choice. We can choose to defend America’s national security and keep our promise to our constituents to protect their lives and safety and their interests or we can choose to give a gift to Vladimir Putin and our adversaries, to usher them into the inner halls of the American intelligence system. I know which choice I intend to make.” 
    Remarks as delivered can be found below: 
    Mr. President, I come up to the floor this afternoon to join a number of my colleagues because of my concern for the national security of the United States. 
                
    Whether it’s a terror attack, a cyberattack from a non-state actor, whether it is a threat in Russia or China or Iran, we in the United States are the targets of foreign adversaries every single day.  
    But thanks to our intelligence community and the thousands of Americans who dedicate their lives to our security, we’re safe.  
    These brave men and women are counting on us to have their backs. 
    Which is why the nomination of Tulsi Gabbard is so concerning.  
    Our adversaries will be thrilled if we confirm Tulsi Gabbard as Director of National Intelligence—no one more so than Russian President Vladimir Putin.  
    Ms. Gabbard has not hidden her positive views of Russia and President Putin.  
    While Ukrainians fight valiantly to protect their homeland and defend freedom and democracy, Tulsi Gabbard cozies up to Putin and publicly defends Russia’s brutal invasion. 
    The former Congresswoman has parroted Russian propaganda saying that the war could have been avoided if NATO and the Biden Administration had simply, and I’m quoting, “simply acknowledged Russia’s legitimate security concerns.” 
    And we know that a nominee is problematic when the Kremlin has such nice things to say about her.  
    On November 17, 2024, a major Russian state-controlled news agency called Tulsi Gabbard “superwoman” and noted her past appearances on Russian TV.  
    Well, I don’t relish the idea of America’s Director of National Intelligence—a role that includes such sensitive responsibilities such as producing the President’s Daily Brief and setting U.S. Policy for intelligence-sharing with foreign entities—I don’t appreciate the fact that she’s called “superwoman” by a mouthpiece for the Kremlin.  
    Not only does Putin have kind words for Ms. Gabbard, but they also share mutual friends—namely, ousted Syrian dictator Bashar al-Assad. 
    Since her clandestine meeting with Mr. Assad in 2017, a visit that took place while she was serving in Congress, former Congresswoman Gabbard has faced numerous questions about why she went to Syria and arranged this meeting in the first place.  
    She’s answered none of those questions nor has she provided any substantive details on her conversation with Assad.  
    And in fact, Ms. Gabbard has repeatedly refused to call Assad what he is, and that is an enemy of the United States, a brutal dictator who is responsible for the deaths of hundreds of thousands of Syrians. 
    Assad, who’s Putin’s best buddy in the Middle East; Assad, who is backed by Iran, whose regime openly seeks to undermine and destroy American interests and values worldwide.  
    This is the person who co-Presidents Musk and Trump want to lead our intelligence agencies, to spearhead our national security operations.  
    Well, that doesn’t make me comfortable sleeping at night.  
    To talk amiably about a brutal dictator who is openly opposed to American interests and human rights, a dictator like Assad, and like Putin for that matter, shows at best a lack of judgement and at worst allegiance to our adversaries. 
    And even in cases of proven espionage against the American intelligence community—the very organization that she seeks to lead—Tulsi Gabbard instead has sided with criminals.  
    Of course, I’m speaking about her support for Edward Snowden.  
    In 2020, while she was a member of the United States House of Representatives, she introduced a resolution suggesting that the federal government should drop all charges against Edward Snowden.  
    There’s only one other member who cosponsored this resolution, and that was former Congressman Matt Gaetz.  
    Now in 2025, Ms. Gabbard still refuses to call Snowden what he is—a traitor to the United States. 
    When she was asked about that at her hearing, she was given several opportunities to indicate that she understood that Edward Snowden is a traitor who put at risk the lives of thousands of Americans in the intelligence community.  
    She refused to acknowledge that he’s a traitor.  
    With such a track record, how are we supposed to expect that she will properly classify our enemies? 
    How are we to expect that she would label Xi Jinping or Kim Jong Un? As enemies of the United States or simply as foreign leaders, or as friends? Who knows what Ms. Gabbard will do.  
    I think there’s a stark difference between our adversaries who want to undermine the United States and those who are our allies, and it doesn’t appear that Tulsi Gabbard understands the difference.  
    So how can the men and women of the intelligence community trust that Ms. Gabbard will protect their secrets? That she’ll protect our secrets, the secrets of the United States?  
    How many Russians are going to risk their lives to pass along information to our intelligence officers if they’re worried that Ms. Gabbard will sell them out?  
    How much will our allies in NATO, in the Indo-Pacific share with Ms. Gabbard in charge?  
    The work of American covert operations and intelligence-gathering is based on one central principle, and that is trust.  
    I wouldn’t trust Tulsi Gabbard any further than I can throw her.  
    I think this chamber faces a choice.  
    We can choose to defend America’s national security and keep our promise to our constituents to protect their lives and safety and their interests or we can choose to give a gift to Vladimir Putin and our adversaries, to usher them into the inner halls of the American intelligence system.  
    I know which choice I intend to make.  
    I intend to vote no on Tulsi Gabbard, and I hope that my colleagues, particularly those across the aisle, at least some of them, will have the courage to do the same. 
    Thank you, Mr. President. I yield the floor. 
    Senator Shaheen is the top Democrat on the U.S. Senate Foreign Relations Committee and also serves on the U.S. Senate Appropriations Subcommittees on State, Foreign Operations and Related Programs and Defense. In 2018, Shaheen re-established the bipartisan U.S. Senate NATO Observer Group with U.S. Senator Tillis (R-NC). Senator Shaheen believes that a strong and active United States is fundamental to securing our national interests at home and abroad. She also believes that U.S. global leadership is directly tied to the strength of our ideals, our alliances and our diplomacy, and she is constantly working to ensure our national security policies reflect our broader democratic values.  

    MIL OSI USA News