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Category: CTF

  • MIL-OSI Europe: Written question – Mink farming and the protection of animal welfare – E-002013/2025

    Source: European Parliament

    Question for written answer  E-002013/2025
    to the Commission
    Rule 144
    Sigrid Friis (Renew), Maria Noichl (S&D), Petras Auštrevičius (Renew), Günther Sidl (S&D), Tilly Metz (Verts/ALE), Sirpa Pietikäinen (PPE), Maria Zacharia (NI), Anna Strolenberg (Verts/ALE)

    Council Directive 98/58/EC of 20 July 1998 concerning the protection of animals kept for farming purposes[1] explicitly includes animals bred for fur production. Articles 3 and 4, along with the relevant provisions in the Annex, set out obligations that apply to mink farming.

    In 2023, 24 scientists addressed an open letter to the Commission, presenting assessments such as:

    ‘There is no doubt that the practice of farming animals for fur breaches the most fundamental principles of animal welfare. It has never been possible to design a farming system in line with the species-specific needs of animals bred for their fur.’

    ‘The evidence is clear that no more research is needed to confirm that fur farming and animal welfare cannot go hand in hand.’

    In light of this, we ask the Commission:

    • 1.Will the Commission provide a legal analysis as to whether the practice of keeping mink in small wire-mesh cages is compatible with the requirements set out in the Directive?
    • 2.Is the Commission legally obliged to ensure full compliance with this Directive, and does it consider itself committed to strengthening enforcement of EU legislation, particularly in view of the Commission President’s mission letters to the current Commissioners?

    Submitted: 20.5.2025

    • [1] OJ L 221, 8.8.1998, p. 23, ELI: http://data.europa.eu/eli/dir/1998/58/oj.
    Last updated: 28 May 2025

    MIL OSI Europe News –

  • MIL-OSI Asia-Pac: Hong Kong Customs seizes suspected methamphetamine and suspected cannabis buds at airport (with photos)

    Source: Hong Kong Government special administrative region

    Hong Kong Customs seizes suspected methamphetamine and suspected cannabis buds at airport  
    The first case involved a 37-year-old woman who arrived in Hong Kong from Kuala Lumpur, Malaysia, yesterday. During customs clearance, Customs officers found a batch of suspected methamphetamine, weighing about 6kg, concealed inside some tea leaf packaging bags in her check-in suitcase. She was subsequently arrested.
     
    After an investigation, the arrested person has been charged with one count of trafficking in a dangerous drug. The case will be brought up at the West Kowloon Magistrates’ Courts tomorrow (May 29).
     
    The second case involved a 21-year-old male passenger who arrived in Hong Kong from Bangkok, Thailand, this morning. During customs clearance, about 12kg of suspected cannabis buds were seized from his check-in suitcase. The man was subsequently arrested. The dangerous drugs were packed in plastic bags and vacuum bags and were mix-loaded with personal belongings.
     
    The investigation of the second case is ongoing.
     
    Customs will continue to step up enforcement against drug trafficking activities through intelligence analysis. The department also reminds members of the public to stay alert and not participate in drug trafficking activities for monetary return. They must not accept hiring or delegation from another party to carry controlled items into and out of Hong Kong. They are also reminded not to carry unknown items for other people.
     
    Customs will continue to apply a risk assessment approach and focus on selecting passengers from high-risk regions for clearance to combat transnational drug trafficking activities.
     
    Under the Dangerous Drugs Ordinance, trafficking in a dangerous drug is a serious offence. The maximum penalty upon conviction is a fine of $5 million and life imprisonment.
     
    Members of the public may report any suspected drug trafficking activities to Customs’ 24-hour hotline 182 8080 or its dedicated crime-reporting email account (crimereport@customs.gov.hkIssued at HKT 18:55

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    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Anti-tax evasion bill passed

    Source: Hong Kong Information Services

    The Hong Kong Special Administrative Region Government today welcomed the Legislative Council’s passage of a bill which seeks to tackle tax evasion risks arising from the digitalisation of the economy.

    The Inland Revenue (Amendment) (Minimum Tax for Multinational Enterprise Groups) Bill 2024, formulated in accordance with the Base Erosion & Profit Shifting 2.0 (BEPS 2.0) package promulgated by the Organisation for Economic Co-operation & Development, introduces the global minimum tax (GMT) and the Hong Kong minimum top-up tax (HKMTT) starting January 1, 2025.

    It is estimated that the new regimes will bring in an additional revenue of about $15 billion per year from 2027-28 to the Hong Kong SAR Government.

    Secretary for Financial Services & the Treasury Christopher Hui said the implementation of the GMT and the HKMTT highlights Hong Kong’s staunch support to international co-operation in tackling cross-border tax evasion, and safeguards Hong Kong’s taxing rights.

    “With the 15% GMT for in-scope multinational enterprise (MNE) groups in place, countries and regions can no longer compete for capital and investment by simply lowering their corporate income tax rates.

    “With a fairer global taxation environment, our unique advantages such as ‘one country, two systems’, excellent connectivity, first-class infrastructure, mature financial markets, quality talent pools, East-meets-West vibes etc will become even more accentuated to showcase Hong Kong as a premier destination for doing business.”

    Under BEPS 2.0, MNE groups with an annual consolidated revenue of 750 million euros or above in at least two of the four fiscal years immediately preceding the current fiscal year will need to pay a GMT of at least 15% on profits derived from every jurisdiction in which they operate.

    By imposing the HKMTT, the Hong Kong SAR Government will have the first priority in collecting top-up tax from entities of an MNE group with an effective tax rate (ETR) in Hong Kong below 15%, in order to raise the ETR to 15%. Otherwise, the top-up tax may be collected by other BEPS 2.0-implementing jurisdictions in which the group also operates. Moreover, Hong Kong’s taxing rights would then be ceded to other jurisdictions.

    The Hong Kong SAR Government added that the GMT and HKMTT regimes have incorporated a number of features to facilitate compliance by in-scope MNE groups.

    The Inland Revenue Department has set up a dedicated team to provide technical support and answer enquiries about BEPS 2.0. The department will also publish online guidance addressing common concerns.

    MIL OSI Asia Pacific News –

  • MIL-OSI: YieldMax™ ETFs Announces Distributions on CVNY, CONY, YMAG, YMAX, ULTY, and Others

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, MILWAUKEE and NEW YORK, May 28, 2025 (GLOBE NEWSWIRE) — YieldMax™ today announced distributions for the YieldMax™ Weekly Payers and Group C ETFs listed in the table below.

    ETF Ticker1 ETF Name Distribution Frequency Distribution per Share Distribution Rate2,4 30-Day
    SEC Yield3    		 ROC5 Ex-Date & Record Date Payment Date
    CHPY YieldMax™ Semiconductor Portfolio Option Income ETF Weekly $0.3860 – – 96.94% 5/29/25 5/30/25
    GPTY YieldMax™ AI & Tech Portfolio Option Income ETF Weekly $0.2895 33.82% 0.00% 100.00% 5/29/25 5/30/25
    LFGY YieldMax™ Crypto Industry & Tech Portfolio Option Income ETF Weekly $0.4906 62.59% 0.00% 100.00% 5/29/25 5/30/25
    QDTY YieldMax™ Nasdaq 100 0DTE Covered Call ETF Weekly $0.3115 38.15% 0.00% 100.00% 5/29/25 5/30/25
    RDTY YieldMax™ R2000 0DTE Covered Call ETF Weekly $0.3538 40.76% 0.00% 97.17% 5/29/25 5/30/25
    SDTY YieldMax™ S&P 500 0DTE Covered Call ETF Weekly $0.2578 30.71% 0.00% 100.00% 5/29/25 5/30/25
    ULTY YieldMax™ Ultra Option Income Strategy ETF Weekly $0.0954 79.40% 0.00% 100.00% 5/29/25 5/30/25
    YMAG YieldMax™ Magnificent 7 Fund of Option Income ETFs Weekly $0.2929 97.28% 70.00% 96.58% 5/29/25 5/30/25
    YMAX YieldMax™ Universe Fund of Option Income ETFs Weekly $0.2149 81.04% 95.10% 81.23% 5/29/25 5/30/25
    ABNY YieldMax™ ABNB Option Income Strategy ETF Every 4
    weeks    		 $0.3871 41.70% 3.22% 93.60% 5/29/25 5/30/25
    AMDY YieldMax™ AMD Option Income Strategy ETF Every 4
    weeks    		 $0.4233 70.38% 3.31% 96.48% 5/29/25 5/30/25
    CONY YieldMax™ COIN Option Income Strategy ETF Every 4
    weeks    		 $0.7351 106.24% 3.39% 80.80% 5/29/25 5/30/25
    CVNY YieldMax™ CVNA Option Income Strategy ETF Every 4
    weeks    		 $4.5659 125.74% 2.37% 99.33% 5/29/25 5/30/25
    FIAT YieldMax™ Short COIN Option Income Strategy ETF Every 4
    weeks    		 $0.2667 65.81% 1.14% 96.24% 5/29/25 5/30/25
    HOOY YieldMax™ HOOD Option Income Strategy ETF Every 4
    weeks    		 $3.3036 – – 99.33% 5/29/25 5/30/25
    MSFO YieldMax™ MSFT Option Income Strategy ETF Every 4
    weeks    		 $0.5498 40.29% 3.26% 92.68% 5/29/25 5/30/25
    NFLY YieldMax™ NFLX Option Income Strategy ETF Every 4
    weeks    		 $0.6832 46.84% 2.79% 94.49% 5/29/25 5/30/25
    PYPY YieldMax™ PYPL Option Income Strategy ETF Every 4
    weeks    		 $0.5507 53.61% 3.54% 95.28% 5/29/25 5/30/25
    Weekly Payers & Group D ETFs scheduled for next week: CHPY GPTY LFGY QDTY RDTY SDTY ULTY YMAG YMAX AIYY AMZY APLY DISO MSTY SMCY WNTR XYZY YQQQ
     

    Standardized Performance and Fund details can be obtained by clicking the ETF Ticker in the table above or by visiting us at www.yieldmaxetfs.com

    Performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted above. Performance current to the most recent month-end can be obtained by calling (833) 378-0717.

    Note: DIPS, FIAT, CRSH, YQQQ and WNTR are hereinafter referred to as the “Short ETFs.”

    Distributions are not guaranteed. The Distribution Rate and 30-Day SEC Yield are not indicative of future distributions, if any, on the ETFs. In particular, future distributions on any ETF may differ significantly from its Distribution Rate or 30-Day SEC Yield. You are not guaranteed a distribution under the ETFs. Distributions for the ETFs (if any) are variable and may vary significantly from period to period and may be zero. Accordingly, the Distribution Rate and 30-Day SEC Yield will change over time, and such change may be significant.

    Investors in the Funds will not have rights to receive dividends or other distributions with respect to the underlying reference asset(s).

    1All YieldMax™ ETFs shown in the table above (except YMAX, YMAG, FEAT, FIVY and ULTY) have a gross expense ratio of 0.99%. YMAX, FEAT have a Management Fee of 0.29% and Acquired Fund Fees and Expenses of 0.99% for a gross expense ratio of 1.28%. YMAG has a management fee of 0.29% and Acquired Fund Fees and Expenses of 0.83% for a gross expense ratio of 1.12%. FIVY has a Management Fee of 0.29% and Acquired Fund Fees and Expenses of 0.59% for a gross expense ratio of 0.88%. “Acquired Fund Fees and Expenses” are indirect fees and expenses that the Fund incurs from investing in the shares of other investment companies, namely other YieldMax™ ETFs. ULTY has a gross expense ratio of 1.40%, and a net expense ratio after the fee waiver of 1.30%. The Advisor has agreed to a fee waiver of 0.10% through at least February 28, 2026.

    2 The Distribution Rate shown is as of close on May 27, 2025. The Distribution Rate is the annual distribution rate an investor would receive if the most recent distribution, which includes option income, remained the same going forward. The Distribution Rate is calculated by annualizing an ETF’s Distribution per Share and dividing such annualized amount by the ETF’s most recent NAV. The Distribution Rate represents a single distribution from the ETF and does not represent`t its total return. Distributions may also include a combination of ordinary dividends, capital gain, and return of investor capital, which may decrease an ETF’s NAV and trading price over time. As a result, an investor may suffer significant losses to their investment. These Distribution Rates may be caused by unusually favorable market conditions and may not be sustainable. Such conditions may not continue to exist and there should be no expectation that this performance may be repeated in the future.

    3 The 30-Day SEC Yield represents net investment income, which excludes option income, earned by such ETF over the 30-Day period ended April 31, 2025, expressed as an annual percentage rate based on such ETF’s share price at the end of the 30-Day period.

    4 Each ETF’s strategy (except those of the Short ETFs) will cap potential gains if its reference asset’s shares increase in value, yet subjects an investor to all potential losses if the reference asset’s shares decrease in value. Such potential losses may not be offset by income received by the ETF. Each Short ETF’s strategy will cap potential gains if its reference asset decreases in value, yet subjects an investor to all potential losses if the reference asset increases in value. Such potential losses may not be offset by income received by the ETF.
    5ROC refers to Return of Capital. The ROC percentage indicates how much the distribution reflects an investor’s initial investment. The figures shown for each Fund in the table above are estimates and may later be determined to be taxable net investment income, short-term gains, long-term gains (to the extent permitted by law), or return of capital. Actual amounts and sources for tax reporting will depend upon the Fund’s investment activities during the remainder of the fiscal year and may be subject to changes based on tax regulations. Your broker will send you a Form 1099-DIV for the calendar year to tell you how to report these distributions for federal income tax purposes.

    Each Fund has a limited operating history and while each Fund’s objective is to provide current income, there is no guarantee the Fund will make a distribution. Distributions are likely to vary greatly in amount.

    Important Information

    This material must be preceded or accompanied by the prospectus. For all prospectuses, click here.

    Tidal Financial Group is the adviser for all YieldMax™ ETFs.

    THE FUND, TRUST, AND ADVISER ARE NOT AFFILIATED WITH ANY UNDERLYING REFERENCE ASSET.

    Risk Disclosures (applicable to all YieldMax ETFs referenced above, except the Short ETFs)

    YMAX, YMAG, FEAT and FIVY generally invest in other YieldMax™ ETFs. As such, these two Funds are subject to the risks listed in this section, which apply to all the YieldMax™ ETFs they may hold from time to time.

    Investing involves risk. Principal loss is possible.

    Referenced Index Risk. The Fund invests in options contracts that are based on the value of the Index (or the Index ETFs). This subjects the Fund to certain of the same risks as if it owned shares of companies that comprised the Index or an ETF that tracks the Index, even though it does not.

    Indirect Investment Risk. The Index is not affiliated with the Trust, the Fund, the Adviser, or their respective affiliates and is not involved with this offering in any way. Investors in the Fund will not have the right to receive dividends or other distributions or any other rights with respect to the companies that comprise the Index but will be subject to declines in the performance of the Index.

    Russell 2000 Index Risks. The Index, which consists of small-cap U.S. companies, is particularly susceptible to economic changes, as these firms often have less financial resilience than larger companies. Market volatility can disproportionately affect these smaller businesses, leading to significant price swings. Additionally, these companies are often more exposed to specific industry risks and have less diverse revenue streams. They can also be more vulnerable to changes in domestic regulatory or policy environments.

    Call Writing Strategy Risk. The path dependency (i.e., the continued use) of the Fund’s call writing strategy will impact the extent that the Fund participates in the positive price returns of the underlying reference asset and, in turn, the Fund’s returns, both during the term of the sold call options and over longer periods.

    Counterparty Risk. The Fund is subject to counterparty risk by virtue of its investments in options contracts. Transactions in some types of derivatives, including options, are required to be centrally cleared (“cleared derivatives”). In a transaction involving cleared derivatives, the Fund’s counterparty is a clearing house rather than a bank or broker. Since the Fund is not a member of clearing houses and only members of a clearing house (“clearing members”) can participate directly in the clearing house, the Fund will hold cleared derivatives through accounts at clearing members.

    Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes. The Fund’s investments in derivatives may pose risks in addition to, and greater than, those associated with directly investing in securities or other ordinary investments, including risk related to the market, imperfect correlation with underlying investments or the Fund’s other portfolio holdings, higher price volatility, lack of availability, counterparty risk, liquidity, valuation and legal restrictions.

    Options Contracts. The use of options contracts involves investment strategies and risks different from those associated with ordinary portfolio securities transactions. The prices of options are volatile and are influenced by, among other things, actual and anticipated changes in the value of the underlying instrument, including the anticipated volatility, which are affected by fiscal and monetary policies and by national and international political, changes in the actual or implied volatility or the reference asset, the time remaining until the expiration of the option contract and economic events.

    Distribution Risk. As part of the Fund’s investment objective, the Fund seeks to provide current income. There is no assurance that the Fund will make a distribution in any given period. If the Fund does make distributions, the amounts of such distributions will likely vary greatly from one distribution to the next.

    High Portfolio Turnover Risk. The Fund may actively and frequently trade all or a significant portion of the Fund’s holdings. A high portfolio turnover rate increases transaction costs, which may increase the Fund’s expenses.

    Liquidity Risk. Some securities held by the Fund, including options contracts, may be difficult to sell or be illiquid, particularly during times of market turmoil.

    Non-Diversification Risk. Because the Fund is “non-diversified,” it may invest a greater percentage of its assets in the securities of a single issuer or a smaller number of issuers than if it was a diversified fund.

    New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.

    Price Participation Risk. The Fund employs an investment strategy that includes the sale of call option contracts, which limits the degree to which the Fund will participate in increases in value experienced by the underlying reference asset over the Call Period.

    Single Issuer Risk. Issuer-specific attributes may cause an investment in the Fund to be more volatile than a traditional pooled investment which diversifies risk or the market generally. The value of the Fund, which focuses on an individual security (ARKK, TSLA, AAPL, NVDA, AMZN, META, GOOGL, NFLX, COIN, MSFT, DIS, XOM, JPM, AMD, PYPL, SQ, MRNA, AI, MSTR, Bitcoin ETP, GDX®, SNOW, ABNB, BABA, TSM, SMCI, PLTR, MARA, CVNA, HOOD), may be more volatile than a traditional pooled investment or the market as a whole and may perform differently from the value of a traditional pooled investment or the market as a whole.

    Inflation Risk. Inflation risk is the risk that the value of assets or income from investments will be less in the future as inflation decreases the value of money. As inflation increases, the present value of the Fund’s assets and distributions, if any, may decline.

    Indirect Investment Risk. The Index is not affiliated with the Trust, the Fund, the Adviser, or their respective affiliates and is not involved with this offering in any way.

    Risk Disclosures (applicable only to GPTY)

    Artificial Intelligence Risk. Issuers engaged in artificial intelligence typically have high research and capital expenditures and, as a result, their profitability can vary widely, if they are profitable at all. The space in which they are engaged is highly competitive and issuers’ products and services may become obsolete very quickly. These companies are heavily dependent on intellectual property rights and may be adversely affected by loss or impairment of those rights. The issuers are also subject to legal, regulatory, and political changes that may have a large impact on their profitability. A failure in an issuer’s product or even questions about the safety of the product could be devastating to the issuer, especially if it is the marquee product of the issuer. It can be difficult to accurately capture what qualifies as an artificial intelligence company.

    Technology Sector Risk. The Fund will invest substantially in companies in the information technology sector, and therefore the performance of the Fund could be negatively impacted by events affecting this sector. Market or economic factors impacting technology companies and companies that rely heavily on technological advances could have a significant effect on the value of the Fund’s investments. The value of stocks of information technology companies and companies that rely heavily on technology is particularly vulnerable to rapid changes in technology product cycles, rapid product obsolescence, government regulation and competition, both domestically and internationally, including competition from foreign competitors with lower production costs. Stocks of information technology companies and companies that rely heavily on technology, especially those of smaller, less-seasoned companies, tend to be more volatile than the overall market. Information technology companies are heavily dependent on patent and intellectual property rights, the loss or impairment of which may adversely affect profitability.

    Risk Disclosure (applicable only to MARO)

    Digital Assets Risk: The Fund does not invest directly in Bitcoin or any other digital assets. The Fund does not invest directly in derivatives that track the performance of Bitcoin or any other digital assets. The Fund does not invest in or seek direct exposure to the current “spot” or cash price of Bitcoin. Investors seeking direct exposure to the price of Bitcoin should consider an investment other than the Fund. Digital assets like Bitcoin, designed as mediums of exchange, are still an emerging asset class. They operate independently of any central authority or government backing and are subject to regulatory changes and extreme price volatility.

    Risk Disclosures (applicable only to BABO and TSMY)

    Currency Risk: Indirect exposure to foreign currencies subjects the Fund to the risk that currencies will decline in value relative to the U.S. dollar. Currency rates in foreign countries may fluctuate significantly over short periods of time for a number of reasons, including changes in interest rates and the imposition of currency controls or other political developments in the U.S. or abroad.

    Depositary Receipts Risk: The securities underlying BABO and TSMY are American Depositary Receipts (“ADRs”). Investment in ADRs may be less liquid than the underlying shares in their primary trading market.

    Foreign Market and Trading Risk: The trading markets for many foreign securities are not as active as U.S. markets and may have less governmental regulation and oversight.

    Foreign Securities Risk: Investments in securities of non-U.S. issuers involve certain risks that may not be present with investments in securities of U.S. issuers, such as risk of loss due to foreign currency fluctuations or to political or economic instability, as well as varying regulatory requirements applicable to investments in non-U.S. issuers. There may be less information publicly available about a non-U.S. issuer than a U.S. issuer. Non-U.S. issuers may also be subject to different regulatory, accounting, auditing, financial reporting, and investor protection standards than U.S. issuers.

    Risk Disclosures (applicable only to GDXY)

    Risk of Investing in Foreign Securities. The Fund is exposed indirectly to the securities of foreign issuers selected by GDX®’s investment adviser, which subjects the Fund to the risks associated with such companies. Investments in the securities of foreign issuers involve risks beyond those associated with investments in U.S. securities.

    Risk of Investing in Gold and Silver Mining Companies. The Fund is exposed indirectly to gold and silver mining companies selected by GDX®’s investment adviser, which subjects the Fund to the risks associated with such companies.

    The Fund invests in options contracts based on the value of the VanEck Gold Miners ETF (GDX®), which subjects the Fund to some of the same risks as if it owned GDX®, as well as the risks associated with Canadian, Australian and Emerging Market Issuers, and Small-and Medium-Capitalization companies.

    Risk Disclosures (applicable only to YBIT)

    YBIT does not invest directly in Bitcoin or any other digital assets. YBIT does not invest directly in derivatives that track the performance of Bitcoin or any other digital assets. YBIT does not invest in or seek direct exposure to the current “spot” or cash price of Bitcoin. Investors seeking direct exposure to the price of Bitcoin should consider an investment other than YBIT.

    Bitcoin Investment Risk: The Fund’s indirect investment in Bitcoin, through holdings in one or more Underlying ETPs, exposes it to the unique risks of this emerging innovation. Bitcoin’s price is highly volatile, and its market is influenced by the changing Bitcoin network, fluctuating acceptance levels, and unpredictable usage trends.

    Digital Assets Risk: Digital assets like Bitcoin, designed as mediums of exchange, are still an emerging asset class. They operate independently of any central authority or government backing and are subject to regulatory changes and extreme price volatility. Potentially No 1940 Act Protections. As of the date of this Prospectus, there is only a single eligible Underlying ETP, and it is an investment company subject to the 1940 Act.

    Bitcoin ETP Risk: The Fund invests in options contracts that are based on the value of the Bitcoin ETP. This subjects the Fund to certain of the same risks as if it owned shares of the Bitcoin ETP, even though it does not. Bitcoin ETPs are subject, but not limited, to significant risk and heightened volatility. An investor in a Bitcoin ETP may lose their entire investment. Bitcoin ETPs are not suitable for all investors. In addition, not all Bitcoin ETPs are registered under the Investment Company Act of 1940. Those Bitcoin ETPs that are not registered under such statute are therefore not subject to the same regulations as exchange traded products that are so registered.

    Risk Disclosures (applicable only to the Short ETFs)

    Investing involves risk. Principal loss is possible.

    Price Appreciation Risk. As part of the Fund’s synthetic covered put strategy, the Fund purchases and sells call and put option contracts that are based on the value of the underlying reference asset. This strategy subjects the Fund to certain of the same risks as if it shorted the underlying reference asset, even though it does not. By virtue of the Fund’s indirect inverse exposure to changes in the value of the underlying reference asset, the Fund is subject to the risk that the value of the underlying reference asset increases. If the value of the underlying reference asset increases, the Fund will likely lose value and, as a result, the Fund may suffer significant losses.

    Put Writing Strategy Risk. The path dependency (i.e., the continued use) of the Fund’s put writing (selling) strategy will impact the extent that the Fund participates in decreases in the value of the underlying reference asset and, in turn, the Fund’s returns, both during the term of the sold put options and over longer periods.

    Purchased OTM Call Options Risk. The Fund’s strategy is subject to potential losses if the underlying reference asset increases in value, which may not be offset by the purchase of out-of-the-money (OTM) call options. The Fund purchases OTM calls to seek to manage (cap) the Fund’s potential losses from the Fund’s short exposure to the underlying reference asset if it appreciates significantly in value. However, the OTM call options will cap the Fund’s losses only to the extent that the value of the underlying reference asset increases to a level that is at or above the strike level of the purchased OTM call options. Any increase in the value of the underlying reference asset to a level that is below the strike level of the purchased OTM call options will result in a corresponding loss for the Fund. For example, if the OTM call options have a strike level that is approximately 100% above the then-current value of the underlying reference asset at the time of the call option purchase, and the value of the underlying reference asset increases by at least 100% during the term of the purchased OTM call options, the Fund will lose all its value. Since the Fund bears the costs of purchasing the OTM calls, such costs will decrease the Fund’s value and/or any income otherwise generated by the Fund’s investment strategy.

    Counterparty Risk. The Fund is subject to counterparty risk by virtue of its investments in options contracts. Transactions in some types of derivatives, including options, are required to be centrally cleared (“cleared derivatives”). In a transaction involving cleared derivatives, the Fund’s counterparty is a clearing house rather than a bank or broker. Since the Fund is not a member of clearing houses and only members of a clearing house (“clearing members”) can participate directly in the clearing house, the Fund will hold cleared derivatives through accounts at clearing members.

    Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes. The Fund’s investments in derivatives may pose risks in addition to, and greater than, those associated with directly investing in securities or other ordinary investments, including risk related to the market, imperfect correlation with underlying investments or the Fund’s other portfolio holdings, higher price volatility, lack of availability, counterparty risk, liquidity, valuation and legal restrictions.

    Options Contracts. The use of options contracts involves investment strategies and risks different from those associated with ordinary portfolio securities transactions. The prices of options are volatile and are influenced by, among other things, actual and anticipated changes in the value of the underlying reference asset, including the anticipated volatility, which are affected by fiscal and monetary policies and by national and international political, changes in the actual or implied volatility or the reference asset, the time remaining until the expiration of the option contract and economic events.

    Distribution Risk. As part of the Fund’s investment objective, the Fund seeks to provide current income. There is no assurance that the Fund will make a distribution in any given period. If the Fund does make distributions, the amounts of such distributions will likely vary greatly from one distribution to the next.

    High Portfolio Turnover Risk. The Fund may actively and frequently trade all or a significant portion of the Fund’s holdings.

    Liquidity Risk. Some securities held by the Fund, including options contracts, may be difficult to sell or be illiquid, particularly during times of market turmoil.

    Non-Diversification Risk. Because the Fund is “non-diversified,” it may invest a greater percentage of its assets in the securities of a single issuer or a smaller number of issuers than if it was a diversified fund.

    New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.

    Price Participation Risk. The Fund employs an investment strategy that includes the sale of put option contracts, which limits the degree to which the Fund will participate in decreases in value experienced by the underlying reference asset over the Put Period.

    Single Issuer Risk. Issuer-specific attributes may cause an investment in the Fund to be more volatile than a traditional pooled investment which diversifies risk or the market generally. The value of the Fund, for any Fund that focuses on an individual security (e.g., TSLA, COIN, NVDA, MSTR), may be more volatile than a traditional pooled investment or the market as a whole and may perform differently from the value of a traditional pooled investment or the market as a whole. Inflation Risk. Inflation risk is the risk that the value of assets or income from investments will be less in the future as inflation decreases the value of money. As inflation increases, the present value of the Fund’s assets and distributions, if any, may decline.

    Risk Disclosures (applicable only to CHPY)

    Semiconductor Industry Risk. Semiconductor companies may face intense competition, both domestically and internationally, and such competition may have an adverse effect on their profit margins. Semiconductor companies may have limited product lines, markets, financial resources or personnel. Semiconductor companies’ supply chain and operations are dependent on the availability of materials that meet exacting standards and the use of third parties to provide components and services.

    The products of semiconductor companies may face obsolescence due to rapid technological developments and frequent new product introduction, unpredictable changes in growth rates and competition for the services of qualified personnel. Capital equipment expenditures could be substantial, and equipment generally suffers from rapid obsolescence. Companies in the semiconductor industry are heavily dependent on patent and intellectual property rights. The loss or impairment of these rights would adversely affect the profitability of these companies.

    Risk Disclosures (applicable only to YQQQ)

    Index Overview. The Nasdaq 100 Index is a benchmark index that includes 100 of the largest non-financial companies listed on the Nasdaq Stock Market, based on market capitalization.

    Index Level Appreciation Risk. As part of the Fund’s synthetic covered put strategy, the Fund purchases and sells call and put option contracts that are based on the Index level. This strategy subjects the Fund to certain of the same risks as if it shorted the Index, even though it does not. By virtue of the Fund’s indirect inverse exposure to changes in the Index level, the Fund is subject to the risk that the Index level increases. If the Index level increases, the Fund will likely lose value and, as a result, the Fund may suffer significant losses. The Fund may also be subject to the following risks: innovation and technological advancement; strong market presence of Index constituent companies; adaptability to global market trends; and resilience and recovery potential.

    Index Level Participation Risk. The Fund employs an investment strategy that includes the sale of put option contracts, which limits the degree to which the Fund will benefit from decreases in the Index level experienced over the Put Period. This means that if the Index level experiences a decrease in value below the strike level of the sold put options during a Put Period, the Fund will likely not experience that increase to the same extent and any Fund gains may significantly differ from the level of the Index losses over the Put Period. Additionally, because the Fund is limited in the degree to which it will participate in decreases in value experienced by the Index level over each Put Period, but has significant negative exposure to any increases in value experienced by the Index level over the Put Period, the NAV of the Fund may decrease over any given period. The Fund’s NAV is dependent on the value of each options portfolio, which is based principally upon the inverse of the performance of the Index level. The Fund’s ability to benefit from the Index level decreases will depend on prevailing market conditions, especially market volatility, at the time the Fund enters into the sold put option contracts and will vary from Put Period to Put Period. The value of the options contracts is affected by changes in the value and dividend rates of component companies that comprise the Index, changes in interest rates, changes in the actual or perceived volatility of the Index and the remaining time to the options’ expiration, as well as trading conditions in the options market. As the Index level changes and time moves towards the expiration of each Put Period, the value of the options contracts, and therefore the Fund’s NAV, will change. However, it is not expected for the Fund’s NAV to directly inversely correlate on a day-to-day basis with the returns of the Index level. The amount of time remaining until the options contract’s expiration date affects the impact that the value of the options contracts has on the Fund’s NAV, which may not be in full effect until the expiration date of the Fund’s options contracts. Therefore, while changes in the Index level will result in changes to the Fund’s NAV, the Fund generally anticipates that the rate of change in the Fund’s NAV will be different than the inverse of the changes experienced by the Index level.

    YieldMax™ ETFs are distributed by Foreside Fund Services, LLC. Foreside is not affiliated with Tidal Financial Group, or YieldMax™ ETFs.

    © 2025 YieldMax™ ETFs

    The MIL Network –

  • Golden archer, greater spirit: Harvinder Singh honoured with Padma Shri

    Source: Government of India

    Source: Government of India (4)

    Para-archer Harvinder Singh was conferred the Padma Shri by President Droupadi Murmu at Rashtrapati Bhavan on Tuesday, honouring his trailblazing achievements in Indian para-archery and his inspiring journey of resilience and success.
     
    Born on February 25, 1991, in a remote village in Haryana, Harvinder Singh defied early life challenges to etch his name in India’s sporting history. A childhood medical mishap resulted in a permanent disability in his left leg, but this adversity became the foundation of his unyielding determination.
     
    Taking up archery in 2012 under the mentorship of coach Jiwanjot Singh Teja, Harvinder’s rise was swift and inspirational. His international debut came in 2017, and within a year, he created history by clinching India’s first-ever gold medal in para-archery at the 2018 Asian Para Games in Jakarta, Indonesia. He triumphed in the Men’s Individual Recurve (Open category), a feat that placed him firmly on the global map.
     
    Harvinder Singh’s accomplishments only grew from there. At the Tokyo 2020 Paralympic Games, he became the first Indian archer to win a Paralympic medal, securing bronze. He followed this with another bronze in the Men’s Team Recurve event at the 2022 Asian Para Games in Hangzhou, China.
     
    However, it was his golden performance at the 2024 Paris Paralympic Games that truly defined his legacy. With a commanding win in the Men’s Recurve Archery (Open category), Harvinder Singh delivered India’s first-ever gold medal in para-archery at the Paralympic level—a moment of immense pride for the nation.
     
    Beyond the sporting arena, Harvinder Singh has also excelled in academics. He holds a Master’s degree in Economics from Punjabi University, Patiala, and is currently pursuing a PhD in the same field, embodying the spirit of all-round excellence.
     
    His contributions have previously been recognised with the Arjuna Award in 2021 and the Bhim Award by the Haryana government in 2022. Now, with the conferment of the Padma Shri, Shri Harvinder Singh joins the ranks of India’s most respected civilian honourees.

  • MIL-OSI Russia: Sergei Sobyanin took part in the jubilee parade of cadets

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    The annual parade of the Moscow cadet movement “The connection between generations will not be broken!” dedicated to the 80th anniversary of the victory in the Great Patriotic War took place on Victory Square on Poklonnaya Gora.

    Before the parade began, His Holiness Patriarch Kirill of Moscow and All Rus’ and the Mayor of Moscow addressed the cadets with a welcoming speech. Sergei Sobyanin and the Minister of Education of the Russian Federation Sergei Kravtsov.

    “I congratulate you on the 80th anniversary of the Great Victory, the glorious anniversary that we are celebrating on these bright May days. Moscow sacredly honors the legacy of the victors. Courage, fortitude, patriotism and selfless service to the Fatherland. Cadets and the entire younger generation grow and are brought up on these values. And today, on Poklonnaya Gora, we see the best representatives of the Moscow cadet movement in the parade formation. Next to you, shoulder to shoulder, are cadets from other cities of Russia and Belarus. This emphasizes the traditions of the cadet brotherhood. You are smart and talented, strong and courageous, energetic and purposeful. And such concepts as honor and dignity are the main principles of life for you. Your peers look up to you, your family and friends are rightfully proud of you. Everything is ahead of you. And I am sure that you will succeed, because where there are cadets, there is victory,” said Sergei Sobyanin.

    His Holiness Patriarch Kirill of Moscow and All Rus’ congratulated the cadets on the holiday.

    “Moscow has truly changed beyond recognition in recent years. It is a wonderful city, convenient for living, beautiful, which really reflects the general development of our entire state. Many thanks to Sergei Semyonovich Sobyanin, the City Hall, all those who work to beautify and improve all aspects of Muscovites’ lives. Of course, thanks to all of us, to all our people, to all working people, to all who love their country and work for its prosperity,” noted Patriarch of Moscow and All Rus’ Kirill.

    The Minister of Education of the Russian Federation Sergey Kravtsov emphasized that Moscow is becoming the center of the cadet brotherhood, which is based on spiritual and moral values, courage and loyalty to traditions. Today, a strategy for the development of cadet education is being developed. 510 thousand children are studying in cadet and Cossack corps and schools, educational organizations with cadet and Cossack classes.

    “The Moscow Cadet Movement unites young patriots who are ready to take up the baton of serving the Fatherland from their great-grandfathers, grandfathers, and fathers. Cadets are the golden fund of the Russian state. The future of the country is in your hands. And now your main task is to comprehend the world, study science, and get good and excellent grades. Cadet – that sounds proud. Love for the Fatherland is not just words, but deeds,” added Sergey Kravtsov.

    The parade was attended by seven thousand people. Among them were combat veterans, including participants in the special military operation (SVO), representatives of legislative and executive authorities, law enforcement agencies and public organizations, teachers, parents and students from the capital’s schools.

    On behalf of the Moscow cadet movement, Artem Lazorev, a student of school No. 1794 named after A.S. Chufistov, spoke.

    “In May, we celebrated the 80th anniversary of the Great Victory. We are proud of the feat of our ancestors. A feat that will be inscribed in history and in our hearts for centuries. We will be proud that we continue the work of our fathers, grandfathers and great-grandfathers. We are preparing to serve our great Motherland. We remember them, we thank them. The connection between generations will not be broken,” the cadet thanked.

    More than three thousand cadets took part in the parade – 52 parade units. Among them:

    — 43 ceremonial units of students from cadet classes of comprehensive schools in Moscow;

    — three ceremonial units of students from federal general education institutions: the Alexander Nevsky Cadet Corps of the Investigative Committee of the Russian Federation, the M.A. Sholokhov Moscow Presidential Cadet School of the National Guard of the Russian Federation, and the Moscow Suvorov Military School of the Ministry of Defense of the Russian Federation;

    — a ceremonial crew of the cadet boarding school with initial flight training named after three times Hero of the Soviet Union A.I. Pokryshkin (city of Fryazino, Moscow region);

    – four parade units from Lugansk, Kherson, Izhevsk and Perm;

    — a ceremonial formation of the cadet delegation from Belarus (city of Brest).

    The Moscow Cadet Movement Parade has been held since 2015. Its goal is to increase the prestige of the capital’s cadet education, to develop in young people a sense of pride in the history of the country and belonging to the cadet brotherhood, and to cultivate a readiness to serve the Fatherland.

    Festival-forum of the Moscow cadet movement

    This year, the Moscow Cadet Movement Festival and Forum began after the parade. The practical cluster for cadets and other guests hosts interactive master classes and exhibitions on tactical medicine, UAV control, VR training and fire training. Speaker sessions are also held here with the participation of Heroes of the Fatherland, representatives of the veteran community, government bodies, popular athletes and opinion leaders in the field of patriotic education of youth. These meetings are of greatest interest to educators, parents and teachers.

    The sports cluster hosts tournaments in team sports and tactical games: basketball, handball, mini-football, tag rugby, laser tag and archery tag. Guests can also attend master classes organized by sports federations, autograph sessions and meetings with famous athletes.

    The career guidance cluster features an exhibition of leading universities – partners of the Cadet Class in a Moscow School project and law enforcement agencies, interactive career guidance platforms and demonstration performances.

    In the creative cluster, spectators will see performances by the best creative cadet groups, exhibitions and photo zones on the theme of traditional crafts and Cossack culture.

    The festival-forum will end with a gala concert featuring popular domestic performers.

    Cadet education in Moscow

    In total, the cadet movement in the capital includes more than 30 thousand children. It has a banner approved by the Heraldic Council under the President of the Russian Federation, presented by the Mayor of Moscow and consecrated by the Patriarch of Moscow and All Rus’.

    In Moscow schools, cadet education is one of the types of specialized training aimed at preparing students for military and civil service. The project began in 2014 with the first 70 cadet classes. They are now open in 236 schools.

    “Cadet education is one of the most popular in Moscow schools. More than 28 thousand children study in specialized classes. They are brought up in the best cadet traditions – with an emphasis on erudition, physical development, service to the Motherland and people. Many children join volunteer organizations and choose a military career,” the Mayor of Moscow wrote in

    on your telegram channel.

    Source: Sergei Sobyanin’s Telegram channel @mos_sobyanin

    Cadets are mainly trained in daytime mode from the seventh to the 11th grade. Cadet classes with round-the-clock stay in the system Department of Education and Science of the City of Moscow are available at two cadet boarding schools (the First Moscow Cadet Corps and Cadet Boarding School No. 5), as well as at the Police College.

    There are also five cadet educational institutions of federal subordination in Moscow. These are the Moscow Suvorov Military School, the Moscow Presidential Cadet School named after M.A. Sholokhov of the National Guard of the Russian Federation, the Cadet School of the Investigative Committee of the Russian Federation named after Alexander Nevsky, the Moscow Cadet Corps “Boarding School for Pupils of the Ministry of Defense of Russia” and the Moscow Military Music School of the Ministry of Defense of Russia.

    Children are selected for cadet classes of city schools based on their academic achievements, physical development and health, and their degree of focus on the future choice of a military or civil servant profession. The profile of cadet education is provided by ministries and departments of the security forces, including the Russian Ministry of Defense, the Russian Ministry of Emergency Situations, and the Russian Ministry of Internal Affairs. Together with them, schools determine the subject profile and a variable set of additional general development programs for cadet classes depending on the specifics of the department, and also provide in-depth study of Russian history.

    In 2024, more than 90 percent of graduates of cadet classes and institutions entered higher education institutions and secondary vocational education organizations, including law enforcement agencies.

    Every year, Moscow cadets participate in city events of patriotic orientation. Among them:

    — the parade of the Moscow city cadet movement “The connection between generations will not be broken!” dedicated to the victory in the Great Patriotic War;

    — Moscow meta-subject Olympiad “The connection between generations will not be broken”;

    — Cadet Class Day at the Victory Museum (standing watch as an honor guard at post No. 1 near the Flame of Memory and Glory on Poklonnaya Hill);

    — educational project “Cadet Day at VDNKh”;

    – Cadet Spartakiad;

    — city competition “Review of the formation and songs. “March to the victors!””;

    — events dedicated to days of military glory and memorable dates in Russia;

    — events held by public and veteran organizations of Moscow: Moscow City Council of Veterans of War, Labor, Armed Forces and Law Enforcement Agencies; Club of Heroes of the Soviet Union, Heroes of the Russian Federation and Full Cavaliers of the Order of Glory of the City of Moscow and the Moscow Region; Regional Public Fund for the Support of Heroes of the Soviet Union and Heroes of the Russian Federation named after General E.N. Kocheshkov; Interregional Public Fund for Social Security “Law and Order-Shield”.

    In the 2024/2025 academic year, 895 students of cadet classes became winners and prize-winners of the meta-subject Olympiad “The Connection between Generations Will Not Be Broken”. More than six thousand cadets passed the demonstration exam. More than eight thousand students attended classes in 20 areas of the cycle of introductory professional trials “Cadet Class – Path to the Profession” and career guidance events at partner universities.

    Among the cadets’ sporting achievements is passing the standards of the “Ready for Labor and Defense” (GTO) complex. Thus, 3,134 cadets became holders of the gold GTO badge, 2,076 people became holders of the silver badge, and 1,873 students became holders of the bronze badge.

    Patriotic education of youth

    Patriotic education is an integral part of the educational process in the Moscow education system.

    The main areas of this work include preserving the continuity of generations. Priorities include perpetuating the memory of the participants in the Great Patriotic War and implementing joint projects with veterans’ organizations. In the system of the Moscow Department of Education and Science, more than 70 schools and colleges are named after heroes. For example, in recent years, the capital’s schools have been named after V.A. Matrosov, R. Sorge, A.N. Samsonov, M.V. Grizodubova. In 2024, the name of A.S. Chufistov, director of school No. 1794 who died in the SVO, was perpetuated.

    Every year, together with the city’s veteran organizations, about a thousand joint projects are implemented, including museum-historical Olympiads, competitions, meetings with students in school museums, and courage lessons.

    Since 2001, the Heroes’ Cup review competition has been held for the best organization of patriotic education in educational organizations of the capital’s Department of Education and Science. The competition takes into account the presence of volunteer and young army units, sports and tourist sections and associations, as well as the number of children attending them. Important components of the assessment are the work of children in caring for memorial sites under the patronage of the educational organization, the quality of passing five-day training camps and fulfilling the standards of the GTO complex. All subordinate educational organizations participate in the competition.

    Museum pedagogy is developing. There are more than 1,100 museums in the capital’s schools. Of these, more than 600 are dedicated to the history of Russia, including the Great Patriotic War and the special military operation. Military personnel take an active part in organizing exhibitions: they donate personal belongings and documents to museums, and also hold meetings with children.

    In the 2024/2025 academic year, military-patriotic clubs began to develop in the Moscow education system as associations of additional education. From September to May, their number increased from 193 to more than 400. Currently, over 22 thousand people are involved in military-patriotic clubs.

    The city’s educational institutions closely cooperate with the Victory Museum on Poklonnaya Hill. Together with the largest museum complex in Russia dedicated to the history of the Great Patriotic War and World War II, a project such as the educational and historical quest “The Feat of the People” is being implemented. It is visited by 103 thousand people per year.

    The interactive excursion program is of great interest “Battle for Moscow. First Victory”The exhibition at the Victory Museum includes five three-dimensional interactive panoramas, 24 multimedia complexes, more than 1.7 thousand exhibits, including personal belongings of soldiers, generals and people’s militia fighters, over 3.5 thousand photographs, over a thousand scanned documents and over two thousand reference materials. The exhibition is visited by 60 thousand people per year.

     

    Together with the Russian Orthodox Church, the Victory Museum is holding an interactive tour, “A Journey into History. Faith in Victory.” The project tells about the contribution of believers — Orthodox and representatives of other faiths — to the fight against fascism and the approach of the Great Victory. Schoolchildren will learn about the exploits of partisan priests, the origin of the expression “sister of mercy,” and the qualities that warrior defenders cultivate in themselves. The annual number of excursionists is 25 thousand people.

    Another direction of patriotic education of youth is conducting lessons “Conversations about the important”. Each school week in educational institutions of the city begins with the raising of the State Flag of the Russian Federation and the performance of the anthem. Classes of the cycle “Conversations about the important” are held, dedicated to the peoples of Russia, its history, culture, nature.

    These classes are also held at the sites of additional education centers and cultural institutions. In September 2024, the project “Conversations about the Important in the Museum of Contemporary History of Russia” began, which was organized by the State Central Museum of Contemporary History of Russia and the Moscow Center for Educational Practices. Excursions dedicated to significant events in the history of Russia in the 19th-21st centuries were attended by more than 10 thousand schoolchildren and students;

    Young people actively participate in the volunteer movement. Every year, students from schools and colleges, under whose patronage there are more than a thousand objects of military glory, take part in citywide memorial and patronage events.

    Other areas of volunteer work include social, environmental, sports, cultural, media volunteering, professional and cyber volunteering.

    On the basis of schools and colleges, 22 support sites have been created, which are operators of volunteer projects and actions. More than 100 thousand students actively participate in volunteer squads;

    An important area of patriotic education is preparing young people for military service. Every year, 10th graders and second-year college students attend five-day training camps as part of the study of the program “Fundamentals of Security and Defense of the Homeland.”

    This year, the training camp is being held at the Patriot Health and Educational Center, the Avangard Educational and Methodological Center, the Preobrazhensky Defense and Sports Center, and military units. More than 40,000 people will take part in the training camp. The children will learn the basics of military topography and military regulations, and acquire military medical, drill, tactical, fire, and technical training skills;

    In addition, more than 55 thousand Moscow schoolchildren participate in the All-Russian military-patriotic public movement “Yunarmiya”. The capital’s Yunarmiya members take part in events held by the main headquarters of the movement. The largest of them are ceremonial events dedicated to memorable dates and days of military glory of Russia (more than 25 thousand participants), the All-Russian military-patriotic game “Zarnitsa 2.0” (more than 17 thousand participants) and the All-Russian children’s and youth festival “Voroshilov shooter” (more than five thousand participants);

    The work of directors’ education advisers is of great importance in the patriotic education of young people. This position was introduced in Moscow schools and colleges in September 2023 as part of the federal project “Patriotic Education of Citizens of the Russian Federation” of the national project “Education”. Currently, more than 1.2 thousand such specialists work in educational institutions.

    Directors’ advisors play an important role in the implementation of key federal and city projects in the field of education, as well as the development of children’s initiatives. They involve children in children’s public associations, school and student theaters, volunteer units, patriotic, sports and tourist clubs. Specialists also conduct various patronage events and courage lessons. This helps preserve the memory of the participants of the Great Patriotic War, heroes and veterans.

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

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    HTTPS: //vv.mos.ru/mayor/tkhemes/12872050/

    MIL OSI Russia News –

  • MIL-OSI Asia-Pac: Expert group members reappointed

    Source: Hong Kong Information Services

    The Government today announced the reappointment of 59 members of the Chief Executive’s Policy Unit (CEPU) Expert Group for one year, starting from May 30.

    CEPU Head Stephen Wong thanked the expert group members for putting forth their views and suggestions proactively, as well as for their generous sharing of expertise, insights and research findings in their respective fields over the past year. He said their contributions have provided important references for the Policy Address.

    Mr Wong added that he looks forward to maintaining close liaison and co-operation with the expert group members in the coming year, and working together to assist the Government on the 2024 Policy Address goal of “Reform for Enhancing Development & Building Our Future Together”.

    He noted that the interaction between the CEPU and expert group members took various forms in the past year, which included plenary meetings, forums, seminars, sharing sessions, group discussions, individual meetings, visits and written exchanges.

    “The CEPU also invites universities and think tanks from the community that have received funding support under the Public Policy Research Funding Scheme and the Strategic Public Policy Research Funding Scheme to organise opening and concluding seminars.

    “Members of the expert group are invited to provide views from their industry perspectives to enhance the applicability of the research studies. They also serve as external examiners for the two funding schemes, assisting in vetting relevant research proposals and advising on funding applications.”

    MIL OSI Asia Pacific News –

  • MIL-OSI Australia: Update – Serious crash at Gawler Belt

    Source: New South Wales – News

    A rider has been taken to hospital in a serious condition following a crash at Gawler Belt this afternoon.

    Just before 2.30pm on Wednesday 28 May, police were called to the intersection of Horrocks Highway and Thiele Highway at Gawler Belt after reports a Holden station wagon and Husqvarna motorbike collided.

    The rider, a 66-year-old man from Evanston Park was taken to hospital with serious injuries. The driver of the car, a 53-year-old woman from Morgan was taken to hospital for minor injuries and mandatory blood analysis.

    Major Crash Investigators have attended the scene and investigations are ongoing.

    The road was closed for several hours but has since reopened.

    Anyone who witnessed the crash is urged to call Crime Stoppers on 1800 333 000.

    MIL OSI News –

  • MIL-OSI Asia-Pac: Police to add over 1.2k recruits

    Source: Hong Kong Information Services

    The Police Force has a target of recruiting 130 probationary inspectors and 1,140 police constables for the 2025-26 financial year.

    Secretary for Security Tang Ping-keung told legislators today that as at March 31 this year, the numbers of vacancies in the force for the grades of rank and file, inspectorate officers and gazetted officers, ie Superintendents and above, were 5,500, 236 and 29 respectively.

    The overall number of vacancies was 5,765, representing a vacancy rate of about 17.4%, which is similar to figures over the past three years.

    To enhance the effectiveness of recruitment efforts, the force has adopted a multi-pronged approach. Besides conducting recruitment exercises throughout the year, it organises various recruitment activities on a regular basis.

    Additionally, the force has expanded its recruitment network by conducting recruitment exercises at universities worldwide.

    Mr Tang said the rise in the number of people applying to join the Police Force in recent years shows that its recruitment strategies are effective.

    He added that the force will align with the Government’s requirement to reduce the civil service establishment by 2% each year in 2026-27 and 2027-28, while continuing to review and assess the effectiveness of using different resources.

    By re-establishing work priorities, appropriately redeploying staff and using technologies to enhance operational effectiveness, he stressed, the force will ensure that the adjustment in numbers does not affect the efficiency and provision of its services, and that it will continue to provide the public with high-quality and efficient policing.

    MIL OSI Asia Pacific News –

  • MIL-OSI Europe: Syria: EU adopts legal acts to lift economic sanctions on Syria, enacting recent political agreement

    Source: Council of the European Union

    Following its political announcement on 20 May, the Council lifted the EU’s economic sanctions on Syria imposed ontothe Assad regime. It also removed 24 entities from the EU list of those subject to the freezing of funds and economic resources. In parallel, it extended the listings of individuals and entities linked to the Assad regime until 1 June 2026.In support of the transitional authorities’ efforts to safeguard the human rights and fundamental freedoms of all Syrian people, the Council also imposed new restrictive measures on two individuals and three entities for human rights abuses and stands ready to consider further listings on those fuelling instability.

    MIL OSI Europe News –

  • MIL-OSI: Bitget Wallet Introduces Binance Alpha Earn Zone to Maximize Liquidity Rewards

    Source: GlobeNewswire (MIL-OSI)

    SAN SALVADOR, El Salvador, May 28, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, the leading non-custodial crypto wallet, has launched the Binance Alpha Earn Zone, giving users the ability to provide liquidity to selected token pairs and earn a share of trading fees. This launch responds to growing interest in passive income opportunities through decentralized platforms, offering users a simplified path to participate directly from the wallet.

    In decentralized finance, users who contribute token pairs to a trading pool, known as liquidity providers, help facilitate on-chain token swaps and, in return, receive a portion of the transaction fees generated. Through this new zone, Bitget Wallet users can access curated high-yield pools such as USDT-ZKJ, WBNB-SOON, and WBNB-B2 via PancakeSwap. Some pools have recently offered returns of up to 2,000% APR, depending on market conditions and demand for trading activity.

    The integration is designed for ease of use. Step-by-step tutorials are provided in-app to help users understand how to add liquidity, set price ranges, and track their earnings. The goal is to lower the entry barrier for those interested in earning passive rewards without navigating complex DeFi platforms. Bitget Wallet notes that while returns can be high, liquidity provision carries risks, including potential losses if token prices shift significantly.

    “By launching the Binance Alpha Earn Zone, we’re making advanced earning strategies more accessible,” said Alvin Kan, COO of Bitget Wallet. “We believe this is a key step toward empowering more people to engage with on-chain finance in a seamless way.”

    Find out more on Bitget Wallet’s official channel.

    About Bitget Wallet
    Bitget Wallet is a non-custodial crypto wallet designed to make crypto simple and secure for everyone. With over 80 million users, it brings together a full suite of crypto services, including swaps, market insights, staking, rewards, DApp exploration, and payment solutions. Supporting 130+ blockchains and millions of tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges. Backed by a $300+ million user protection fund, it ensures the highest level of security for users’ assets.

    For more information, visit: X | Telegram | Instagram | YouTube | LinkedIn | TikTok | Discord | Facebook

    For media inquiries, contact media.web3@bitget.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b5649cb8-874b-47a0-bdb4-89cbc5cc41cf

    The MIL Network –

  • MIL-OSI: Hyperscale Data Subsidiary Ault Capital Group to Purchase Up to $10 Million of XRP for Expansion of its Financial Services Business

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, May 28, 2025 (GLOBE NEWSWIRE) — Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced that its wholly owned subsidiary, Ault Capital Group, Inc. (“ACG”) intends to purchase up to $10 million in XRP, the digital asset developed by Ripple Labs and native to the XRP Ledger, by the end of 2025. The XRP, when purchased, will be deemed a crypto asset and held on the Company’s balance sheet at fair value with changes recognized in operating expenses on the consolidated statements of operations. This strategic move is designed to support the Company’s broader expansion into financial services through ACG.

    “ACG plans to expand its financial services division and broaden the services it offers beyond lending, including cryptocurrency-based products on a decentralized exchange and tokenization of real-world assets. We’ve been successful in the lending business for the past four years, and now we are looking to expand. We expect XRP to be an important part of ACG’s future in the financial services industry,” said Milton “Todd” Ault III, Executive Chairman of Hyperscale Data.

    XRP is purpose-built for enterprise-grade financial use cases, offering fast, secure and low-cost transaction fees using blockchain technology — features that position it as an attractive asset for powering innovative financial services. ACG plans to leverage XRP and the XRP Ledger to support cross-border settlement, real-time payment systems, and decentralized financial applications, all designed to meet the needs of modern financial markets. The Company believes that acquiring XRP is a strategic enhancement of liquidity and provides infrastructure support for a range of blockchain-enabled financial products. It represents an important step towards integrating modern digital asset solutions into ACG’s next-generation financial services model.

    Hyperscale Data notes that acquisitions of XRP are subject to various risks and uncertainties, one or more which could result in the planned acquisitions being curtailed, delayed or terminated, including, but not limited to: the volatility in XRP market price; the inability of the Company to have sufficient capital to purchase the intended amount of XRP; and regulatory challenges, consents or approvals, if necessary. The Company will continue to monitor market conditions and may increase or decrease its holdings of XRP as it deems appropriate.

    For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.

    About Hyperscale Data, Inc.

    Through its wholly owned subsidiary Sentinum, Inc., Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging artificial intelligence (“AI”) ecosystems and other industries. Hyperscale Data’s other wholly owned subsidiary, ACG, is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.

    Hyperscale Data expects to divest itself of ACG on or about December 31, 2025 (the “Divestiture”). Upon the occurrence of the Divestiture, the Company would solely be an owner and operator of data centers to support high-performance computing services, though it may at that time continue to mine Bitcoin. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

    On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the “Series F Preferred Stock”) to all common stockholders and holders of the Series C Convertible Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the “ACG Shares”). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be stockholders of ACG upon the occurrence of the Divestiture.

    Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

    Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at hyperscaledata.com.

    Hyperscale Data Investor Contact:
    IR@hyperscaledata.com or 1-888-753-2235

    The MIL Network –

  • MIL-OSI: Netcompany- Major shareholder announcement

    Source: GlobeNewswire (MIL-OSI)

    Company announcement
    No. 14/2025

    28 May 2025

    Netcompany Group A/S (“Netcompany”) hereby announces the following notification received pursuant to section 38 of the Danish Capital Markets Act from Danske Bank A/S, regarding their direct and indirect holdings and voting rights in Netcompany.

    On 27 May 2025 Danske Bank A/S informed Netcompany, that Danske Bank A/S on 14 March 2023 directly and indirectly via Danica Pension Livsforsikringsaktieselskab, Investeringsforeningen DI, Investeringsforeningen DI Select, Kapitalforeningen DI Institutional, Danske Bank A/S, and Sicav Capital LUX controlled 2,465,823 voting rights corresponding to 4.93% of the total voting rights in the Company. Their direct and indirect voting rights at the previous announcement was 5.00%.

    This announcement is in accordance with section 30 of the Danish Capital Markets Act.

    For further information, please see the attached notification form.

    Additional information
    For additional information, please contact:

    Netcompany Group A/S
    Thomas Johansen, CFO, + 45 51 19 32 24
    Frederikke Linde, Head of IR, +45 60 62 60 87

    Attachments

    The MIL Network –

  • MIL-OSI Economics: Development Asia: Closing Learning Gaps Through Scalable and Innovative Solutions

    Source: Asia Development Bank

    Focused, scalable interventions can bridge learning gaps, as demonstrated by Pratham’s Read India initiative.

    Prioritizing interactive, student-centered teaching methods has proven successful. Finland’s holistic model emphasizes collaboration and creativity, while Kenya’s “Tusome” project has trained teachers in participatory learning strategies, significantly improving literacy rates. When students are actively engaged in their learning, they become more motivated and perform better.

    Adaptive assessments and real-time quiz platforms like Class Saathi are helping teachers identify learning gaps instantly and tailor instruction accordingly. These methods not only reduce the burden of manual grading but also create a continuous feedback loop that supports individual learning progress.

    Countries like Singapore are shifting toward holistic evaluations that nurture emotional intelligence and creativity alongside academic achievement. Similarly, Japan is adopting personalized learning frameworks to ensure that no child is left behind. Schools embracing inclusive innovation—whether through policy, pedagogy, or technology—are seeing measurable improvements in participation and learning outcomes.

    Low-tech and offline solutions can also be leveraged. Some tools are specifically designed to function without internet or electricity, ensuring equitable access to personalized learning even in the most remote schools. Pilot programs have shown that when solutions are tailored to local contexts, even minimal infrastructure can support meaningful educational improvements. Countries like Rwanda are prioritizing early learning to establish strong foundations in literacy and numeracy.

    Collaborative efforts between governments and organizations are bridging infrastructure gaps, equipping schools with essential resources and tools.

    When designed with simplicity and scalability in mind, educational technology can enhance learning in diverse and underserved environments.

    MIL OSI Economics –

  • MIL-OSI United Kingdom: Business workshop targets growth during challenging times

    Source: Northern Ireland City of Armagh

    In the current economic landscape, profitability and growth have become major hurdles for local businesses. Recognising these challenges, Armagh City, Banbridge and Craigavon Borough Council, in partnership with Invest Northern Ireland, is inviting businesses to attend a targeted Lean Productivity Workshop.

    The workshop will take place on Tuesday 10th June, from 9:30am to 2:00pm at Craigavon Civic Centre. Designed specifically for businesses involved in the creation and delivery of goods and services, this half-day session will guide participants through reviewing and improving their operational processes.

    Ideal for those who are involved in manufacturing, logistics, food production, and services, this workshop will offer practical help to improve. By systematically addressing inefficiencies, businesses can unlock productivity improvements of up to 25%, increasing their competitiveness in a demanding market.

    Lord Mayor of Armagh City, Banbridge and Craigavon Borough, Councillor Sarah Duffy, said: “Our local businesses are the backbone of our economy, and we are committed to supporting them through practical and impactful initiatives like the Lean Productivity Workshop. This event will equip businesses with the tools they need to enhance performance and ultimately improve their bottom line. I encourage all eligible businesses to attend and take advantage of the expert guidance available.”

    Delivered by operational excellence experts from Invest NI, the workshop will cover:

    • Tools and techniques to analyse cost structures
    • Practical steps to streamline operations
    • Strategies to improve efficiency and boost sales

    Attendees will also have the opportunity to sign up for one-to-one mentoring sessions, offering tailored support to tackle their specific business challenges.

    Spaces are limited, and early registration is advised. You can book a free place here: https://bit.ly/3SnqGLW

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Women’s Rugby World Cup Trophy coming to York

    Source: City of York

    Published Tuesday, 27 May 2025

    Ahead of the Women’s Rugby World Cup, the newly-revealed trophy will be coming to York on Sunday 1 and Monday 2 of June.

    As part of the ‘Trophy Tour’ this summer, a fully branded Land Rover Defender will bring the new trophy into the city, for members of the public to see.

    On Sunday 1 and Monday 2 June the trophy will be displayed on Parliament Square, and during the evening of 2 June it will be taken to York Rugby Club from 6pm to allow local sports teams and organisations to enjoy the visit.

    Welcoming the trophy to the city, Cllr Pete Kilbane, Executive Member for Economy and Culture, said:

    We’re thrilled to be hosting several exciting games as part of the Women’s Rugby World Cup later this summer.

    “Supporting this leg of the Trophy Tour is a great way to continue our amazing year of sport, and a great opportunity to celebrate the recent news that York is one of England’s most active cities. Our residents have shown how much love and support they have for sport, from grassroots all the way through to professional and international level competition”.    

    Interested residents and visitors hoping to catch a glimpse of the trophy don’t need to book a space, just turn up at Parliament Square between 10:30am and 3.30pm on 1 June, or between 10am and 3pm on 2 June.

    During August and September York Community Stadium will host six matches, including USA Vs Australia, South Africa Vs Italy and New Zealand Vs Spain.

    Anyone interested in watching any of the Women’s Rugby World Cup games can find more information, and buy tickets, at www.rugbyworldcup.com/2025/en.

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Increase in affordable housing across city

    Source: Scotland – City of Aberdeen

    Work is continuing to increase Aberdeen’s housing supply with the completion of more affordable homes and fewer empty properties across the city.  

    Councillors from the Communities, Housing and Public Protection Committee yesterday (27 May) received an update on the delivery of Aberdeen City’s Affordable Housing Delivery Supply Programme and the Bi-Annual Report from the Housing Board.   

    Communities, Housing and Public Protection convener Councillor Miranda Radley said: “ I am pleased to see 459 affordable houses being delivered through the city, in partnership with the Scottish Government and the city’s Registered Social Landlords.  

    “This is a huge achievement and builds on the success of the past few years delivering more affordable houses in the city.” 

    Vice-convener Councillor Dell Henrickson said: “The reduction in void Council properties has been crucial in ensuring that more homes are made available, and by turning these empty properties into homes, we are ensuring that more residents can benefit from affordable housing.” 

    Through the affordable housing delivery programme, 459 homes were completed in Aberdeen over the past year, with a further 472 homes expected to be completed in 2025/26.  

    It was also noted that a review by the Housing Board found that in March 2025 there were 418 fewer homes unoccupied council properties (voids) than the previous year.  

    Aberdeen City Council was allocated £12.5 million in 2024/25 through the Scottish Government’s affordable housing supply programme to make these homes available to move into.   

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: 900 years of Edinburgh’s historic treasures to be celebrated in new digital exhibition

    Source: Scotland – City of Edinburgh

    A new online exhibition launched by the City of Edinburgh Council’s Museums & Galleries, Libraries and Archives services brings together 900 years of objects relating to Edinburgh.

    From Greyfriars Bobby’s collar to the National Covenant, visitors to a digital exhibition can see all kinds of fantastic objects and artworks and find out more about their stories.

    Edinburgh 900: Objects from Nine Centuries of City Life is hosted on the Capital Collections website. It showcases not only some of the treasures viewable in museum and gallery venues around the city, but also many items that have never been fully shared with the public before. These include a 19th century record of petty criminals, a rare Hearts and Hibs football programme, beautiful contemporary silver and ceramics and historic documents from as early as the 12th century.

    The exhibition launched on Friday 23 May with the first 20 objects, with new objects being released each month between May and September, when the City’s Edinburgh 900 celebrations officially conclude.

    The team behind the exhibition have not only been photographing and researching these amazing treasures, they’ve also been engaging with community groups across the city to capture their responses to them. Groups including MindRoom who work with neurodiverse young people and dementia-friendly group Art In the City, have been connecting with the objects and having their responses recorded for display in the digital exhibition. This work is in partnership with the Open University who have provided the interactive digital app technology to capture community responses.

    Lord Provost Robert Aldridge said:

    Edinburgh 900 is a year-long celebration of our city’s rich history, culture, and bright future. It’s incredible to see the diversity of historic objects cared for on behalf of the city all viewable together online. I’m sure viewers are going to really enjoy seeing the tiny historic details the photographs reveal, as well as diving into the background stories and responses from the community. It’s a real celebration of Edinburgh’s past and present.

    A small display in the City Art Centre foyer showcasing some of the objects included in the online exhibition will open in the Summer.
     

    Published: May 28th 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Resetting our relationship with the third sector

    Source: Scotland – City of Edinburgh

    Council Leader Jane Meagher writes in the Evening News today about the need to support Edinburgh’s third sector.

    With our population growing and more people struggling with the cost of living, Edinburgh’s third sector is in a precarious position.

    According to the Scottish Council for Voluntary Organisations, seven in 10 charities now cite financial trials as their biggest challenge, up significantly in just two years. Traditional funding streams from the public sector, which provide vital grants to allow charities to operate in our local communities, are under growing pressure too.

    Echoing these concerns, a report to the Scottish Parliament’s Social Justice and Social Security Committee late last year made it clear that short-term funding cycles are creating financial instability for charities, diverting time and resources away from what’s important – delivering valuable services for vulnerable people.

    This predicament came into sharp focus for Edinburgh earlier this year when the Edinburgh Integration Joint Board (EIJB) – which oversees health and social care spend in the city – had to make difficult decisions to help it make necessary savings of close to £30m. Dozens of local projects and charities have seen their funding pulled as a result.

    Immediately, councillors united to intervene and see what could be done to prevent the devastating closures and redundancies these cuts could bring. Thankfully, we’ve been able to step in to provide emergency £2m funding, providing short term relief for 46 projects.

    Yesterday at Policy and Sustainability Committee, we also agreed how to spend a contingency fund worth £273,473 to further support primarily small, local projects and organisations in our communities which have lost EIJB funding. Grants of £10,000 will be made available this autumn to help with the resilience of the sector.

    Yet, the fact remains that the council also faces significant financial challenges. We remain the worst funded council in Scotland and plugging this gap will be difficult in future years. To that end, we need to find a longer-term sustainable way forward for this sector which provides so much good. Tackling poverty is one of our city’s top priorities and we cannot achieve this without the support of projects which focus on prevention.

    To get ahead of this, we’ve engaged the Edinburgh Partnership to conduct a review of how it supports and works with third sector organisations in Edinburgh, and to ultimately find solutions for improving funding certainty in future years. This includes how grant funding and commissioning is delivered, how third sector organisations monitor and report on their work, and what in-kind support is provided.

    We want to hear about how we can make it simpler, provide more stability, and collaborate to help those who need this sector’s support most. You can share your views through our Consultation Hub webpage, or by attending a workshop from now until Thursday 5 June. Results will be shared with those who take part and with the wider third sector, and will be reported to our next Policy and Sustainability Committee in August.

    In a successful city like Edinburgh, it is unacceptable that 80,000 people are living in poverty–  including close to a quarter of all children – which makes tackling inequality and preventing poverty one of the biggest challenges facing the capital.

    MIL OSI United Kingdom –

  • MIL-OSI Russia: Dmitry Chernyshenko: The 2025 budget allocates 14% more funds for science than the previous year

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    Deputy Prime Minister Dmitry Chernyshenko welcomed the participants of the General Meeting of Members of the Russian Academy of Sciences (RAS).

    He emphasized that the academy has always played a significant role in the development of Russia and under the leadership of Gennady Yakovlevich Krasnikov its authority is only growing stronger. In May, a board of trustees was created, headed by the head of state Vladimir Putin. It included high-level leaders, including Prime Minister Mikhail Mishustin, Chairman of the State Duma Vyacheslav Volodin and Chairperson of the Federation Council Valentina Matviyenko.

    “I am confident that the President’s decision will allow the Russian Academy of Sciences to realize its potential in decision-making at all levels of government in the most effective way. This is especially important in the context of the national goal set by the head of state to achieve technological leadership. The Russian Academy of Sciences is solving one of the main tasks here, creating a fundamental reserve in priority areas of science. Also, now, based on the proposal of the Russian Academy of Sciences, the Higher Attestation Commission will be formed,” the Deputy Prime Minister said.

    He noted that today the country has set ambitious goals that cannot be achieved without the persistent work of the Russian Academy of Sciences. It is important to ensure the continuity of fundamental science and applied solutions necessary for the creation of the most important science-intensive technologies.

    As part of the expansion of the new approach “State Task 2.0”, RAS aggregates business needs and formulates corresponding fundamental tasks for them.

    “In the 2025 budget, within the framework of the state program for scientific and technological development, 14% more money has been allocated for science than in 2024, or to be precise, 83.3 billion rubles. The main increase is in the section “fundamental scientific research” – by 50.1 billion rubles,” the Deputy Prime Minister emphasized.

    He also reported that, according to surveys for last year, 79% of citizens trust the opinions of Russian scientists. Dmitry Chernyshenko emphasized the importance of maintaining the openness of science to society and noted that the driver of this work is the Russian Academy of Sciences.

    Last year, with the support of the Scientific and Technical Council (STC), lists of priority areas and the most important science-intensive technologies were formed, included in the decree of the President. An examination of regional programs of scientific and technical progress of the subjects, national projects and applications for the creation of new world-class scientific centers was carried out, which made it possible to assess the scientific component and the quality of the implementation of strategies.

    “The Academy’s expert potential is growing every year. Last year, RAS experts conducted about 80 thousand examinations, which is 2 times more than in 2022. In the future, we will ensure the expansion of the Academy’s expert work, involve RAS in the examination of the scientific component of such flagship projects as “Priority 2030″, which covers 141 universities,” said Dmitry Chernyshenko

    He congratulated the participants of the meeting on the 80th anniversary of the Great Victory, drew attention to the importance of the work on preserving historical memory, which is being carried out by the Russian Academy of Sciences, and also thanked all the involved members of the academy for their participation in the work of the Government.

    President of the Russian Academy of Sciences, Academician Gennady Krasnikov, presented the results of the Academy’s activities and the most important scientific achievements of Russian scientists in 2024.

    “This meeting is special for us. In addition to the report on the activities of the academy and the presidium, at this meeting we elect new members of the Russian Academy of Sciences to our ranks. The last such elections were in 2022, so this time we have many vacancies. We expect that those who are elected to the Russian Academy of Sciences will actively work for the benefit of the academy and our country,” said Gennady Krasnikov.

    In 2025, the event will run from May 28 to 30.

    During the next two days of the General Meeting, the procedure for electing members of the Russian Academy of Sciences and foreign members of the Russian Academy of Sciences, as well as the Vice President of the Russian Academy of Sciences, will take place. In addition, a ceremonial awarding of leading Russian and foreign scientists with the highest awards will take place.

    The meeting is attended by the President of the Russian Academy of Sciences, Academician Gennady Krasnikov, the Chairperson of the Federation Council Committee on Science, Education and Culture Liliya Gumerova, the Chairperson of the State Duma Committee on Science and Higher Education Sergei Kabyshev, and the Minister of Health Mikhail Murashko. In total, more than 1,000 people are involved in the work of the meeting, including the presidents of Russian academies of education, arts, architecture and construction sciences, as well as representatives of state corporations.

    The General Meeting of the members of the Russian Academy of Sciences is the highest governing body of the RAS. At the meeting, participants highlight current areas of development of scientific thought and discuss challenges facing the state and society. Following the General Meeting, resolutions are adopted that contain instructions and recommendations to the management and departments of the Academy.

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

    MIL OSI Russia News –

  • MIL-OSI Russia: Marat Khusnullin: 25 infrastructure facilities will be restored in Antratsit, LPR, by the end of the year

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    This year, 25 infrastructure facilities, including 52.5 km of roads, will be repaired in the city of Antratsit in the Luhansk People’s Republic. The work is being carried out by the Stavropol Territory and the state company Avtodor, Deputy Prime Minister Marat Khusnullin reported.

    This year, 25 infrastructure facilities will be repaired in the city of Antratsit in the Luhansk People’s Republic, including 52.5 km of roads

    “Both state-owned companies and the sponsoring regions are working together to create comfortable living conditions for people in the reunited regions. Stavropol Krai will repair five schools and kindergartens in the territory under its sponsorship, and renew the roofs of 17 multi-story buildings. Specialists will also replace the road surface on a 19.5-kilometer section of the Rovenki-Anthracite highway. In turn, Avtodor has begun repairing more than 30 km of the Uspenka-Anthracite road. The road is part of the route to Lugansk, but it is quite difficult to drive on it now, because the roadway resembles an obstacle course, and motorists have to make a detour through Krasny Luch,” said Marat Khusnullin.

    The road surface of the highway has not been updated for decades, so specialists will be building the road practically from scratch.

    “We have now started laying asphalt concrete on 33 km of the highway. We have already laid 12 km of the lower layer of the pavement. After the work is completed, residents of the Antratsitovsky district will receive a smooth, high-quality road surface, and the arrangement of the road. All this together will save about half an hour on the road. We will finish by the end of this year,” added Vyacheslav Petushenko, Chairman of the Board of the state-owned company Avtodor.

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

    MIL OSI Russia News –

  • MIL-OSI Russia: Financial news: 05/28/2025, 11:51 (Moscow time) the values of the lower limit of the price corridor and the range of market risk assessment for the security RU000A1018T2 (IA DOM13P2) were changed.

    Translation. Region: Russian Federal

    Source: Moscow Exchange – Moscow Exchange –

    05/28/2025 11:51

    In accordance with the Methodology for determining the risk parameters of the stock market and the deposit market of Moscow Exchange PJSC by NCO NCC (JSC) on 05/28/2025, 11-51 (Moscow time), the values of the lower limit of the price corridor (up to 67.38) and the range of market risk assessment (up to 114.99 rubles, equivalent to a rate of 33.75%) of the security RU000A1018T2 (IA DOM13P2) were changed

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

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    HTTPS: //VVV. MOEX.K.M.M.

    MIL OSI Russia News –

  • MIL-OSI Russia: Yuri Trutnev: work to attract investment creates conditions for regional growth

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    Yuri Trutnev held a meeting of the Far Eastern Federal District Council

    May 28, 2025

    Yuri Trutnev held a meeting of the Far Eastern Federal District Council

    May 28, 2025

    Yuri Trutnev held a meeting of the Far Eastern Federal District Council

    May 28, 2025

    Yuri Trutnev held a meeting of the Far Eastern Federal District Council

    May 28, 2025

    Yuri Trutnev held a meeting of the Far Eastern Federal District Council

    Previous news Next news

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

    MIL OSI Russia News –

  • MIL-OSI Russia: Financial news: 05/28/2025, 10:56 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A0ZZ1N0 (DOM 1P-3R) were changed.

    Translation. Region: Russian Federal

    Source: Moscow Exchange – Moscow Exchange –

    05/28/2025 10:56

    In accordance with the Methodology for determining the risk parameters of the stock market and the deposit market of Moscow Exchange PJSC by NCO NCC (JSC), on May 28, 2025, 10:56 (Moscow time), the values of the upper limit of the price corridor (up to 103.91) and the range of market risk assessment (up to 1105.88 rubles, equivalent to a rate of 8.75%) of the security RU000A0ZZ1N0 (DOM 1P-3R) were changed.

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

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    HTTPS: //VVV. MEEX.K.M.M.

    MIL OSI Russia News –

  • MIL-OSI Russia: Congratulations to the employees and veterans of the Border Service from the First Deputy Prime Minister, Chairman of the State Border Commission Denis Manturov

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    Dear friends!

    Please accept my most sincere congratulations on Border Guard Day.

    First Deputy Chairman of the Government of the Russian Federation Denis Manturov

    It is the Border Service employees who are the first to face any external threats, steadfastly protecting the borders of our Motherland. Their service is a symbol of courage, dedication and loyalty to duty. Every day, border guards solve important tasks to ensure security and order on the state border, often risking their lives and sacrificing themselves. Their contribution to achieving the goals of the Border Guard Service cannot be overestimated: solving the tasks set before them, they perform real feats and show genuine heroism. Modern technical equipment and the introduction of innovations have become important conditions for improving the work of the border units of the FSB of Russia. But the most important factor of success remains people – real professionals, devoted to their work and the Fatherland.

    I wish you and your loved ones good health, strength, energy and prosperity.

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

    MIL OSI Russia News –

  • MIL-OSI Russia: Interview with Alexey Overchuk for Rossiyskaya Gazeta

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    Alexey Overchuk: Developing the economy together with Eurasian partners is more profitable than doing it alone

    S. Bolotov: What were the countries striving for when they agreed to establish the union and did they manage to get what they wanted?

    A. Overchuk: The Eurasian Union is an economic integration association of five states of Northern Eurasia. If we proceed from the theory of integration, then the development of economies and the improvement of people’s living standards depend on freedom of trade and accessibility to large foreign markets. Russia is a large market, due to which it is an economic center of attraction for neighboring economies. For the countries of the region, Russia is the geographically closest country, whose trade accessibility is determined by its decision to develop common markets for goods, services, capital and labor with them. At the same time, Russia receives benefits not only from economic integration, but also other advantages. By promoting the well-being of our neighbors, we create conditions for our own creative development, and this is no longer just an economic category.

    The processes taking place in the post-Soviet space have deeper roots than the framework of interaction defined by the EAEU law. In some ways, this promotes the development of integration, and in others, it slows it down. Therefore, the joint advancement of the countries of the Eurasian five is a constant testing of a possible path of coordinated development based on mutual respect for interests and consensus decision-making. States never have completely coinciding interests, so the results of integration do not always coincide with their expectations, but all participants share an understanding of the fundamental reasons for integration and receive benefits from it.

    Imagine if we didn’t have the EAEU today? It would mean that we are fenced off from our closest neighbors by customs barriers and technical regulations. Manufacturers from Russia and partner countries would incur much higher costs for moving goods across borders, and they would need to specifically adapt their products to the requirements of individual country markets. As a result, they would have worse competitive conditions in the markets of neighboring countries and less income.

    The GDP growth in the EAEU member states in recent years speaks for itself – plus 4.4% for the EAEU as a whole in 2024. This is significantly higher than the global average rate, estimated at 3.3%.

    Our countries are jointly strengthening transport and logistics connectivity both within the EAEU and with our closest neighbors. The plan to connect the EAEU with China’s “One Belt, One Road” initiative is being implemented, and we are jointly developing the “North-South” international transport corridor, as well as other transcontinental land routes that allow us to better realize our competitive advantages in Greater Eurasia.

    Last year, we took a very important step towards stimulating the development of industrial cooperation ties and creating conditions for the inclusion of small economies of the union in this process.

    GDP growth in the EAEU member states speaks for itself – 4.4% in 2024 against the world average of 3.3%

    The EAEU has moved to practical support for industry by subsidizing the interest rate on loans for projects involving representatives of three or more EAEU member states. Business is beginning to master this tool, which allows for lower lending costs. The first projects have already been approved.

    The issue of extending similar support measures to agriculture is currently being considered at the Eurasian Economic Commission. I do not rule out that in the future we will put forward a proposal to stimulate the strengthening of cooperative ties in the construction of transport and logistics facilities.

    S. Bolotov: Economists say that a market of at least 300 million people is needed for serious investments in modern production to pay off. The USA, the European Union, China or India have such a population and market, but the EAEU countries have about 185 million people. Where can we find more consumers?

    A. Overchuk: Our union is a large common market, where all five member states are interested in the growth of their economies. To do this, it is necessary not only to create better conditions for doing business in the common domestic market, but also to promote goods from the EAEU for export. Access to foreign markets is necessary to gain advantages from the economy of size, increase sales and income growth, and to do this, it is necessary to negotiate better conditions with foreign partners. When it comes to concluding free trade agreements, our five countries together have a stronger negotiating position.

    The EAEU already has such agreements with Vietnam and Serbia, and another one has been in force since May 15, 2025, with Iran. This is in addition to our 185 million people, plus approximately another 190 million. We are now close to signing agreements with two countries, and negotiations are still underway, which will also improve the accessibility of foreign markets for EAEU producers. Of course, there is no direct calculation here, each agreement is unique and in each case covers certain product positions, but in general, this expands the opportunities for investment recoupment.

    At the same time, it is not only free access to the market and its capacity that are important. Interest in purchasing the final imported product also depends on the participation of a particular country in the international supply chain, the availability of investments and corresponding jobs on its territory. Then you get a competitive product that will be produced, bought and consumed. This is precisely why we are developing industrial cooperation and transport connectivity both within the EAEU and the CIS, and with the countries of Greater Eurasia.

    S. Bolotov: How big can a free trade area become?

    A. Overchuk: Perhaps we should not speak in terms of creating a large free trade zone. The signing of each agreement is the result of an agreed balance of benefits and losses that may arise if it comes into force. There are economies with which our five, for various reasons, will probably not come to such decisions very soon.

    At the same time, we see that Eurasia has enormous creative potential, where the countries of the north and south strive for development and do a lot for this. There are such international associations as the SCO and ASEAN, BRICS, building relations on mutual respect of the participating parties. For our part, we consider the EAEU as the center of economic crystallization of Northern Eurasia, which has achieved a high level of social and economic development, and has also generally solved the problems of food and energy security. This makes our five an attractive partner for the countries of the Global South, which still cannot overcome the consequences of colonial dependence on the countries of Western Europe.

    Eurasia has enormous creative potential, where the countries of the north and south strive for development and do a lot for this

    Many of these countries are drawn to Russia. We see this both from the number of world leaders who visited our country on May 9 and from the participation and discussions within the framework of the Russia-Africa forums. These are dozens of states with a population of billions of people, and each of them has its own characteristics and interests. The world is diverse, and approaches to building mutually beneficial and respectful relations can be much more variable than the creation of free trade zones.

    In 2015, President Vladimir Vladimirovich Putin put forward the initiative of the Greater Eurasian Partnership. Its implementation involves the creation of an open integration circuit on the Eurasian continent through the consolidation of the efforts of all states and regional associations based on the EAEU, SCO and ASEAN. This is about linking national and regional projects, creating conditions for socio-economic progress and equalizing the levels of development of individual countries based on strengthening transport and logistics connectivity, technological re-equipment and strengthening cultural and humanitarian ties. This is a major civilizational project that is just beginning to take shape, and work on it is more comprehensive than negotiations on the creation of free trade zones with individual countries.

    S. Bolotov: And the EAEU itself does not plan to expand?

    A. Overchuk: The attractiveness of international integration associations is determined by their benefits for the participating states and how they position themselves. The EAEU is a young integration association, it is only ten years old. It is still in the formation stage. Many issues still need to be resolved, and much still needs to be agreed upon.

    The business community and people in the five EAEU countries are beginning to realize the advantages of union integration. They see that intra-union trade has fewer barriers and is more convenient than trade with third countries, which is proven by its faster growth rates. This is especially noticeable in the example of Armenia and Kyrgyzstan, which joined somewhat later and in a short time, thanks to the accessibility of a large market, have significantly raised their economies and living standards. The economy of Kazakhstan is actively developing, where a large number of significant industrial, energy, and transport and logistics investment projects are being implemented and where agriculture is reaching a new level. Belarus, with which Russia has deep integration relations within the Union State, is successfully developing high-added-value production. In the context of the formation of a multipolar world, the growth of tariff barriers, the decline in the effectiveness of the WTO system, the breakdown of international supply chains and the growth of economic threats, all countries of the world will strive to find regional partners with whom they can establish sustainable integration ties. As global challenges mount, our neighbors will want greater predictability for their economies and will see the EAEU as a kind of “safe haven” where they are treated with respect and their interests are taken into account.

    It is also necessary to understand that our integration association is developing on the basis of a balance of interests of the five member states. It has already managed to turn into a very complex system, has formed its own law, has acquired requirements and is actively promoting international trade and economic relations. The accession of new states to the union will already be a more complex process than, for example, several years ago. If someone decides to go this way, then they will have to do a lot to comply with our standards and rules.

    At the same time, when coordinating the possibility of joining a particular country, member states will decide what level of integration and with whom best meets their interests. We also understand that this is a mutual process. For our part, by granting interested countries the status of an observer state, we allow them to get a better idea of the internal structure of the EAEU and make a more informed choice. Today, Iran, Uzbekistan and Cuba are observers of the EAEU.

    Along with this, due to deep historical, cultural, humanitarian and economic ties, there is a high degree of integration with the CIS member states, which allows them to a large extent to receive similar integration advantages from proximity to Russia. The EAEU member states form the backbone of the CIS, which predetermines the trajectory of convergence of the EAEU and CIS law. Such work is underway.

    The EAEU is open not only to the countries of the post-Soviet space. In addition, the EAEU member states are already adopting multilateral agreements that are accessible for accession by states that are not part of our integration association. So there are many ways for mutually beneficial integration.

    S. Bolotov: Prices for gas, other fuel and raw materials, as well as food from Russia for partners in the EAEU are significantly lower than on the international market. Will it not turn out that our country will give them more than it receives in return?

    A. Overchuk: These are our allies and closest neighbors. Our well-being largely depends on their proximity to Russia. We are interested in our countries developing together, their standard of living rising, their economy growing, and us all prospering together. If the EAEU consists of successful countries connected by numerous threads, then we will ensure our peaceful development. Accessibility of resources and a common market are the basis for the common well-being of us and our neighbors.

    Such mutual dependence imposes a special responsibility on Russia as the largest economy in our integration. It is necessary to calculate the consequences of decisions taken for countries that have transferred part of their sovereignty to the level of the EAEU. Therefore, we have introduced a rule to check all regulatory legal acts being prepared for compliance with the law of the union.

    S. Bolotov: No one objects to the free movement of goods, but when it comes to labor migration, doubts arise. Will this not harm Russia’s national interests?

    A. Overchuk: This is indeed a very complex topic, and there are different points of view. The demographic situation, demand for labor and its cost are such that in order to develop the economy and curb inflation, it is necessary to attract labor migrants. Of course, part of this problem can be solved by introducing advanced technologies and increasing labor productivity, but this is a longer-term solution that requires investments, which are especially expensive today.

    On the other hand, all over the world, and Russia is no exception, the influx of labor migrants creates problems caused not only by the peculiarities of the labor market, but also by cultural differences, ignorance of laws and the language barrier, which leads to the formation of isolated national diasporas, an increase in crime and conflict situations. We are all watching how the replacement of the indigenous population in Europe is taking place, and many do not feel positive about it. The question is how to make the problems of labor migration less painful for society.

    The EAEU law helps to relieve some of the tension associated with the movement of labor between countries. It allows citizens of Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Russia working outside their countries to enjoy the same rights as citizens of the country where they live and work. They are subject to the same personal income taxes. The absence of differences in the treatment of citizens of the EAEU member states creates better conditions for the integration of these people into our society, affects their quality of life, makes them confident in their rights, less dependent on diasporas, and largely cuts the ground from under the feet of crime associated with labor migration. This largely explains why we would like to expand the EAEU at the expense of countries that send us the largest number of labor migrants.

    Of course, there are differences due to traditions and culture. Knowledge of the language of the host country is also very important. Historically, in the former USSR, Russian is the language of interethnic communication, which, in addition to familiarization with the great Russian literature, culture, science and education, allows people from different countries to communicate with each other, live side by side, develop together, conduct business, work, negotiate and avoid conflicts.

    Unfortunately, perhaps, in all post-Soviet countries the establishment of independence was associated with distancing from Russia and a reduction in the use of the Russian language. Attempts to displace the Russian language from the spheres of education, culture and public administration are still ongoing. To a large extent, this is facilitated by countries unfriendly to us, striving to reduce Russia’s influence in the region by dividing our peoples and perfectly understanding the importance of the Russian language as a link between the entire space of Northern Eurasia.

    At the same time, knowledge of foreign languages opens access to new knowledge, cultures and better employment conditions. In our region, the truth is that the successful development of post-Soviet countries is directly dependent on their proximity to Russia, access to the Russian education system, culture and ability to communicate with each other in Russian.

    Today, having received some negative experience, our neighbors are coming to understand the importance of the Russian language and the Russian education system for their further development. There is a growing awareness that the distance from Russia has had a negative impact on the quality of education. Hence, neighbors are seeing an increased demand for children to study in schools with instruction in Russian, especially if the classes are taught by teachers who have come from Russia.

    That is why we receive requests to send Russian teachers, conduct internships in Russia for Russian language teachers, build Russian schools that operate according to Russian educational standards, organize branches of Russian universities, increase quotas for admission of young people to Russian universities, hold days of Russian culture, support Russian theater in their countries, and much more. And this is what our departments are actively engaged in today.

    The Russian language is the common heritage of all countries of Northern Eurasia, and the International Organization for the Russian Language was established by the CIS member states to disseminate and protect it.

    We must not fall for the bait of those who, acting on the principle of “divide and rule”, seek to distance post-Soviet states and people from Russia, who just over thirty years ago had the same passports as us and who continue to gravitate towards Russia. Many can still say that we were born in the same country, we are united by a common history, values and belonging to a single civilization, they want their children and grandchildren to think the same way – this is what we strive to preserve. So why follow the lead of those who seek to destroy it? Therefore, we patiently carry out creative work to preserve and spread the Russian language, our education and culture in the countries of the former USSR.

    It is these efforts that will provide the level of knowledge necessary for the conflict-free integration of labor migrants into our society. And this is most important, since the success of economic integration and the common future of our countries depend on the relations between people.

    Historically, in the former USSR, Russian is the language of interethnic communication

    S. Bolotov: What is better for Russia, to be the most European country in Asia or the most Asian country in Europe?

    A. Overchuk: Our history spans many centuries, during which the peoples inhabiting Northern Eurasia, including the Slavs, absorbed much from both Asia and Europe. At the same time, unlike the Western civilization that places itself above others and the colonial empires built by the Europeans, the peoples of our countries developed at the expense of their own resources and mutual trade, generously shared among themselves, as was the case under the USSR, even the latter, and carefully treated the traditions and culture of all the peoples inhabiting the vast space from the Carpathians to the Pacific Ocean. This is precisely why a unique civilizational community of peoples was formed in Northern Eurasia, which for many centuries has retained the ability to self-recovery, maintain human relationships and develop together.

    The Mongol Empire, which had united this vast space, broke up into separate uluses, leaving behind elements of state administration and a financial system that still exist today, memories of the Great Silk Road, and a tolerant attitude towards diverse cultures and religions. Parts of this eastern empire were gathered by the Moscow Principality into the Russian Empire, which took much from the West and passed the baton to the Soviet Union, under which the peoples who inhabited it, having made a leap in their social and economic development, formed the basis that allowed them to transform into new independent states.

    Modern Northern Eurasia, of which Russia is a part, consists of independent states that are united by a common great history, values, trade and economic ties and belonging to a unique Eurasian civilization that cannot be called either Asian or European. And the task of Eurasian integration is to preserve this heritage and create conditions for a common prosperous future for the numerous peoples inhabiting this vast space.

    Source – “Rossiyskaya Gazeta”

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

    MIL OSI Russia News –

  • MIL-OSI Russia: Lecture by RAS Academician Valery Chereshnev held at Polytechnic University

    Translation. Region: Russian Federal

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

    Academician of the Russian Academy of Sciences, scientific director of the Institute of Immunology and Physiology of the Ural Branch of the Russian Academy of Sciences Valery Chereshnev gave a lecture “Russian Academies and the Russian Language” at the Polytechnic University. Students, postgraduates and staff of the university took part in the event.

    Valery Chereshnev is an academician of the Russian Academy of Sciences, a member of the Presidium of the Russian Academy of Sciences, and has been awarded a number of high state awards. In his lecture, Valery Alexandrovich analyzed the problems of the formation of the Academy of Sciences as the main scientific center of Russia. One of the goals of this center was the study of the Russian language and literature, as well as the maintenance and promotion of the Russian language.

    The lecture left a strong impression on the audience and aroused keen interest. Valery Aleksandrovich answered numerous questions and initiated a brief scientific discussion on the topic of the lecture.

    The audience expressed deep gratitude to the lecturer and wished him further success in his scientific work.

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

    MIL OSI Russia News –

  • MIL-OSI Security: Marseille: 16 arrests in a crackdown on a network with ties to the Sinaloa cartel

    Source: Europol

    Two main organisers identifiedIn June 2024, the French authorities seized 216 kilograms of crystal methamphetamine and arrested two French nationals in connection with the case. The subsequent criminal investigation revealed a criminal network involved in the production and trafficking of synthetic drugs with strong ties to the Mexican Sinaloa cartel as well as to criminal gangs active in Belgium, Spain,…

    MIL Security OSI –

  • MIL-OSI Economics: Zanubis in motion: Tracing the active evolution of the Android banking malware

    Source: Securelist – Kaspersky

    Headline: Zanubis in motion: Tracing the active evolution of the Android banking malware

    Introduction

    Zanubis is a banking Trojan for Android that emerged in mid-2022. Since its inception, it has targeted banks and financial entities in Peru, before expanding its objectives to virtual cards and crypto wallets.

    The main infection vector of Zanubis is impersonating legitimate Peruvian Android applications and then misleading the user into enabling the accessibility permissions. Once these permissions are granted, the malware gains extensive capabilities that allow its operators to steal the user’s banking data and credentials, as well as perform remote actions and control the device without the user’s knowledge.

    This Android malware is undergoing continuous development, and we have seen new samples extending their data exfiltration and remote-control functionality as well as new obfuscation methods and deceptive tactics. The threat actors behind Zanubis continue to refine its code – adding features, switching between encryption algorithms, shifting targets, and tweaking social engineering techniques to accelerate infection rates. These updates are often aligned with recurring campaigns, suggesting a deliberate effort to keep the malware relevant and effective.

    To understand how the Trojan reached its current stage, we need to look back at its origins and the early signs of what was to come. Join us in this blogpost as we take a closer look at the malware’s evolution over time.

    2022: From zero to threat

    Zanubis was first observed in the wild around August 2022, initially targeting financial institutions and cryptocurrency exchange users in Peru. At the time of its discovery, the malware was distributed through apps disguised as a PDF reader, using the logo of a well-known application to appear legitimate and lure victims into installing it.

    In its early stages, Zanubis used to employ a much simpler and more limited approach compared to the functionality we would explore later. The malware retrieved its configuration and the package names of all the targeted applications by reaching a hardcoded pastebin site and parsing its data in XML/HTML format.

    Upon startup, the malware would collect key information from the infected device. This included the contact list, the list of installed applications, and various device identifiers, such as the manufacturer, model, and fingerprint. The Trojan also performed specific checks to identify whether the device was a Motorola, Samsung, or Huawei, suggesting tailored behavior or targeting based on brand.

    Additionally, the malware attempted to collect and bypass battery optimization settings, likely to ensure it could continue running in the background without interruption. All of the gathered information was then formatted and transmitted to a remote server using the WebSocket protocol. For that, Zanubis used a hardcoded initial URL to establish communication and exfiltrate the collected data and also received a small set of commands from the C2 server.

    The malware operated as an overlay-based banking Trojan that abused Android’s accessibility service. By leveraging accessibility permissions, the malware was able to run silently in the background, monitoring which applications were currently active on the device. When it detected that a targeted application was opened, it immediately displayed a pre-generated overlay designed to mimic the legitimate interface. This overlay captured the user’s credentials as they were entered, effectively stealing sensitive information without raising suspicion.

    Zanubis targeted 40 banking and financial applications in Peru. The malware maintained a predefined list of package names corresponding to these institutions, and used this list to trigger overlay attacks. This targeting strategy reflected a focused campaign aimed at compromising users of financial services through credential theft.

    At that point, the malware appeared to be under active development – code obfuscation had not yet been implemented, making the samples fully readable upon decompilation. Additionally, several debugging functions were still present in the versions captured in the wild.

    2023: Multi-feature upgrade

    In April 2023, we identified a new campaign featuring a revamped version of Zanubis. This time, the malicious package masqueraded as the official Android application of SUNAT (Superintendencia Nacional de Aduanas y de Administración Tributaria), Peru’s national tax and customs authority. It copied both the name and icon of the legitimate app, making it appear authentic to unsuspecting users.

    Shift to obfuscation

    Unlike earlier versions, this variant introduced significant changes in terms of stealth. The code was fully obfuscated, making manual analysis and detection more difficult. After decompilation, it became clear that in order to sophisticate the malware analysis, the threat actors used Obfuscapk, a widely used obfuscation framework for Android APKs. Obfuscapk combines multiple techniques, including a range of obfuscators and so-called “confusers”. These techniques vary in complexity: from basic measures like renaming classes, adding junk code, and replacing method signatures, to more advanced strategies such as code RC4 encryption and control-flow obfuscation. The goal was to hinder reverse engineering and slow down both static and dynamic analysis, giving the operators more time to execute their campaigns undetected.

    Junk code (on the left) and renaming (on the right) obfuscation methods applied to the malicious implant

    Once installed and executed, the malware began setting up its internal components, including various classes, functions, and the SharedPreferences object, which are essential for the Trojan’s operation. The latter typically stores sensitive configuration data such as C2 server URLs, encryption keys, API endpoints, and communication ports.

    Deceptive tricks

    Throughout all versions of Zanubis, a key step in its execution flow has been to ensure it has accessibility service permissions, which are crucial for its overlay attacks and background monitoring. To obtain these, the malware checks if it is running for the first time and whether the necessary permissions have been granted. If not, it employs a deceptive tactic to manipulate the user into enabling them, a feature that varies between versions.

    In the 2023 version, the malware displayed a fake instructional webpage using WebView, claiming that additional permissions were needed to view a document – a plausible excuse, given the app’s disguise as an official application. On this page, a prominent button labeled “Ir a Accesibilidad” (“Go to Accessibility”) was presented. Once tapped, the button triggered a redirection to the system’s Accessibility Settings screen or directly to the specific panel for enabling accessibility features for the malicious app, depending on the device model.

    Instructions to trick the user into enabling Accessibility Permissions

    Translation:

    “Steps to view documents”, “1. Select the downloaded file”.

    This trick relies heavily on social engineering, leveraging trust in the app’s appearance and the user’s lack of awareness about Android’s permission system. Once accessibility permissions are granted, the malware silently enables additional settings to bypass battery optimization, ensuring it can remain active in the background indefinitely, ready to execute its malicious functions without user intervention.

    With background access secured, the malware loads a legitimate SUNAT website used by real users to check debts and tax information. By embedding this trusted page in a WebView, the app reinforces its disguise and avoids raising suspicion, appearing as a normal, functional part of SUNAT’s official services while continuing its malicious activity in the background.

    Data harvesting

    Just like earlier versions, the malware began by collecting device information and connecting to its C2 server to await further instructions. Communication with the C2 API was encrypted with RC4 using a hardcoded key and Base64-encoded. Once initialization was complete, the malware entered a Socket.IO polling loop, sleeping for 10 seconds between checks for incoming events emitted by the C2 server. This time, however, the list of available commands had grown significantly, expanding the malware’s capabilities far beyond previous versions.

    When a targeted app was detected running on the device, this version of Zanubis took one of two actions to steal user data, depending on its current settings. The first method involved keylogging by tracking user interface events such as taps, focus changes, and text input, effectively capturing sensitive information like credentials or personal data. These logs were stored locally and later sent to the C2 server upon request. Alternatively, Zanubis could activate screen recording to capture everything the user did within the app, sending both visuals and interaction data directly to the server.

    SMS hijacking

    Another new feature introduced in this campaign is SMS hijacking, a critical technique for compromising bank accounts and services that rely on SMS for two-factor authentication. Once instructed by the C2 server, Zanubis set itself as the default SMS app on the device, allowing it to intercept all incoming messages via a custom receiver. This gave the malware access to verification codes sent by banks and other sensitive services, and even the ability to delete them before the user could see them, effectively hiding its activity.

    These actions remained completely hidden from the user. Even if the user attempted to regain control and set their default SMS app back to normal, Zanubis would block that possibility.

    Fake updates

    One of the most invasive and deceptive behaviors exhibited by Zanubis was triggered through the bloqueoUpdate (“update lockout” in English) event, which simulated a legitimate Android system update. When activated, the malware locked the device and prevented any normal interaction, rendering it almost completely unusable. Attempts to lock or unlock the screen were detected and locked, making it nearly impossible for the user to interrupt the process.

    Before displaying the fake update overlay, the malware could send a warning notification claiming that an urgent update was about to be installed, advising the user not to interact with the device. This increased the credibility of the ruse and reduced the chances of user interference.

    Behind this fake update, Zanubis continued operating silently in the background, performing malicious tasks such as uninstalling apps, intercepting SMS messages, changing system settings, and modifying permissions, all without the victim’s awareness.

    Fake update blocking the user from making use of the phone

    Translation:

    “Some screen components are being updated, please keep your device connected to the internet and wait approximately 30 minutes for the update to finish”. “Do not lock or interact with the device”.

    2024: Continuous development

    During 2024, we continued monitoring Zanubis on various resources, including third-party platforms. In early May, we detected the appearance of new variants in the wild, particularly observed on VirusTotal. Over 30 versions of the malware were uploaded from Peru, revealing the developer’s efforts to test and implement new functionalities and features into the malware.

    Samples uploaded to VirusTotal

    Reinforced encryption

    In these newer iterations of Zanubis, the developers implemented mechanisms to protect hardcoded strings, aiming to complicate analysis and reduce detection rates. The threat actors used a key derived via PBKDF2 to encrypt and decrypt strings on-the-fly, relying on AES in ECB mode. This method allowed the implant to keep critical strings hidden during static analysis, only revealing them when needed during execution.

    Source strings were not the only data encrypted in these new implants. The communication between the C2 and the malware was also protected using AES in ECB mode, which indicates a shift from the use of RC4 in previous samples. Unlike the hardcoded key used for string encryption, in this case, a new 32-byte key was randomly generated each time data was about to be sent.

    Device credential stealing

    Among the most critical actions performed by this version of Zanubis was the theft of device credentials. Once active in the background, the malware constantly monitored system events triggered by other applications. When it detected activity related to authentication that needed the input of a PIN, password, or pattern, it attempted to identify the type of authentication being used and captured the corresponding input.

    The malware monitored specific signals that indicated the user was interacting with the lock screen or a secure input method. When these were identified, the malware actively collected the characters entered or gestures used. If it detected that the input was invalid, it reset the authentication tracking to avoid storing invalid data. Once the input process was completed and the user moved on, the malware sent the collected credentials to the C2 server.

    Device credentials collected by Zanubis

    Expanding scope

    This version of the malware continued to target banking applications and financial institutions in Peru, expanding its reach to include virtual card providers, as well as digital and cryptocurrency wallets. This update added 14 new targeted applications, increasing the scope of its attacks and broadening the range of financial services it can exploit.

    2025: Latest campaign

    In mid-January of 2025, we identified new samples indicating an updated version of Zanubis. The updates range from changes in the malware distribution and deception strategy to code modifications, new C2 commands, and improved filtering of target applications for credential theft.

    New distribution tactics

    Zanubis previously impersonated Peru’s tax authority, SUNAT. However, in this new campaign, we have identified two new Peruvian entities being spoofed: a company in the energy sector and a bank that was not previously abused.

    The Trojan initially disguises itself as two legitimate apps from the targeted companies, each crafted to exploit a specific user need. For the energy company, the malicious APK is distributed under names like “Boleta_XXXXXX” (“bill”) or “Factura_XXXXXX” (“invoice”), deceiving users into believing they are verifying a supposed bill or invoice.

    Fake screen designed to verify invoices

    Meanwhile, for the bank, victims are enticed to download the malware under the guise of instructions from a fake bank advisor. This setup acts as the initial dropper for the malware, using familiar, trusted contexts to ensure successful installation.

    Follow your advisor’s instructions message from the fake bank app

    Silent installation

    Once the user downloads and launches the lure app, a screen appears with the company’s logo, stating that necessary checks are in progress. Meanwhile, in the background, the dropper attempts to silently install the final payload, Zanubis, which is embedded in the initial malware’s internal resources (res/raw/). To retrieve the APK, the dropper leverages the PackageInstaller class. This installation process occurs without any user involvement, as there are no prompts or warnings to alert the victim. By utilizing PackageInstaller, the malware writes the APK to the device in the background and completes the installation automatically, unnoticed. This technique is employed to evade detection. After installation, an intent is sent to signal that the package has been successfully installed.

    Sharpening targets

    In the latest iteration of the malware, the scope of targeted entities has been significantly narrowed, with a clear focus on banks and financial institutions. The once-broad range of targets, including cryptocurrency wallets, has been abandoned.

    This strategic shift suggests an intention to streamline the attack efforts and concentrate on sectors that manage the most sensitive and valuable data, such as banking credentials and financial transactions. By honing in on these high-stakes targets, the malware becomes even more dangerous, as it now focuses on the most lucrative avenues for cybercriminals.

    Who’s behind?

    Based on our ongoing analysis of Zanubis, several indicators suggest that the threat actors behind the malware may be operating from Peru. These indicators include, for instance, the consistent use of Latin American Spanish in the code, knowledge of Peruvian banking and government agencies, and telemetry data from our systems and VirusTotal.

    The focus on Peruvian entities as targets also strongly indicates that the threat actors behind Zanubis are likely based in Peru. These regional indicators, combined with the malware’s ongoing financial fraud campaigns, point to a well-organized operation focused on exploiting local institutions.

    Conclusions

    Zanubis has demonstrated a clear evolution, transitioning from a simple banking Trojan to a highly sophisticated and multi-faceted threat. The malware has been continuously refined and enhanced, incorporating new features and capabilities. Its focus remains on high-value targets, particularly banks and financial institutions in Peru, making it a formidable adversary in the region.

    Furthermore, the attackers behind Zanubis show no signs of slowing down. They continue to innovate and adjust their tactics, shifting distribution methods to ensure the malware reaches new victims and executes silently. This constant refinement demonstrates that Zanubis is not a transient threat but an ongoing, persistent menace, capable of further mutations to fulfill the financial goals of its developers.

    As Zanubis continues to evolve and adapt, it is crucial for users and organizations alike to stay vigilant. The threat landscape is constantly changing, and this malware’s ability to evolve and target new victims makes it an ever-present risk that cannot be ignored.

    Indicators of compromise

    Zanubis 2025 version
    81f91f201d861e4da765bae8e708c0d0
    fd43666006938b7c77b990b2b4531b9a
    8949f492001bb0ca9212f85953a6dcda
    45d07497ac7fe550b8b394978652caa9
    03c1e2d713c480ec7dc39f9c4fad39ec
    660d4eeb022ee1de93b157e2aa8fe1dc
    8820ab362b7bae6610363d6657c9f788
    323d97c876f173628442ff4d1aaa8c98
    b3f0223e99b7b66a71c2e9b3a0574b12
    7ae448b067d652f800b0e36b1edea69f
    0a922d6347087f3317900628f191d069
    0ac15547240ca763a884e15ad3759cf1
    1b9c49e531f2ad7b54d40395252cbc20
    216edf4fc0e7a40279e79ff4a5faf4f6
    5c11e88d1b68a84675af001fd4360068
    628b27234e68d44e01ea7a93a39f2ad3
    687fdfa9417cfac88b314deb421cd436
    6b0d14fb1ddd04ac26fb201651eb5070
    79e96f11974f0cd6f5de0e7c7392b679
    84bc219286283ca41b7d229f83fd6fdc
    90221365f08640ddcab86a9cd38173ce
    90279863b305ef951ab344af5246b766
    93553897e9e898c0c1e30838325ecfbd
    940f3a03661682097a4e7a7990490f61
    97003f4dcf81273ae882b6cd1f2839ef
    a28d13c6661ca852893b5f2e6a068b55
    b33f1a3c8e245f4ffc269e22919d5f76
    bcbfec6f1da388ca05ec3be2349f47c7
    e9b0bae8a8724a78d57bec24796320c0
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  • MIL-OSI Economics: Secretary-General of ASEAN receives Parliamentary Members from India

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, today received a courtesy call from a delegation of Indian Parliamentarians at the ASEAN Headquarters/ASEAN Secretariat. During the meeting, SG Dr. Kao commended the Indian Parliament’s active engagement in promoting inter-parliamentary dialogue and ASEAN-India cooperation, particularly as an observer in the ASEAN Inter-Parliamentary Assembly (AIPA). He highlighted the significance of aligning legislative and executive efforts in advancing ASEAN’s regional priorities, and reaffirmed ASEAN’s commitment to the Comprehensive Strategic Partnership with India. They also exchanged views on transnational crime, including combating terrorism and violent extremism.

     
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