Category: CTF

  • Indian stock market opens higher amid mixed global cues and sectoral buying

    Source: Government of India

    Source: Government of India (4)

    The Indian benchmark indices opened higher on Wednesday amid mixed global cues as buying was seen in the pharma, auto, PSU bank and financial service sectors in the early trade.

    At around 9.35 am, Sensex was trading 296.53 points or 0.37 per cent up at 81,482.97 while the Nifty added 88.90 point or 0.36 per cent at 24,772.80

    Nifty Bank was up 98.55 points or 0.18 per cent at 54,975.90. The Nifty Midcap 100 index was trading at 56,028.55 after declining 154.10 points or 0.27 per cent. Nifty Smallcap 100 index was at 17,419.35 after dropping 63.65 points or 0.36 per cent.

    According to analysts, Indian equity benchmarks declined sharply on Tuesday amid reports of increasing COVID-19 cases in Southeast Asian countries, like Singapore and Hong Kong.

    “Technically, Nifty closed below its 5-day EMA for the first time since May 8, 2025, suggesting a shift to profit-booking. Support levels lie at 24,494 and 24,378, while resistance is expected in the 24,800-24,900 range,” said Devarsh Vakil, Head of Prime Research at HDFC Securities.

    In the absence of strong global cues, Indian markets are likely to pick up from where they left off yesterday, he added.

    Meanwhile, in the Sensex pack, Sun Pharma, HDFC Bank, Tech Mahindra, TCS, Nestle India, Maruti Suzuki, ICICI Bank, UltraTech Cement and Hindustan Unilever were the top gainers. Whereas, Eternal, Kotak Mahindra Bank, IndusInd Bank and NTPC were the top losers.

    In the Asian markets, China, Hong Kong, Bangkok, Seoul and Jakarta were trading in green. whereas Only Japan was trading in red.

    In the last trading session, Dow Jones in the US closed at 42,677.24, down 114.83 points, or 0.27 per cent. The S&P 500 ended with a loss of 23.14 points, or 0.39 per cent, at 5,940.46 and the Nasdaq closed at 19,142.71, down 72.75 points, or 0.38 per cent.

    The spike in uncertainty and risk is impacting the market rather unexpectedly. Yesterday’s FII sell figure of Rs 10,016 crore is a major reversal of their big buying in May and if this persists, it has the potential to impact the market, said experts.

    According to provisional data from the NSE, foreign institutional investors (FIIs) sold Indian equities worth Rs 10,016.10 crore on May 20, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 6,738.39 crore.

    (IANS)

  • MIL-Evening Report: A sculpture made from 80 tonnes of sand, Mirrorscape is remarkable – but too much is left unsaid

    Source: The Conversation (Au and NZ) – By Robert Clarke, Senior Lecturer in English, University of Tasmania

    Mirrorscape (detail), 2025, Théo Mercier.

    Photo credit: Mona/Jesse Hunniford. Image courtesy of the artist and the Museum of Old and New Art, Hobart, Tasmania, Australia.

    The first impulse is to kick it. After all, it’s a sand sculpture. And as everyone who has grown up near a beach appreciates, if it’s made of sand, then it’s asking to be kicked. But for the wall-high protective glass, Mirrorscape, by the French artist Théo Mercier, may not have survived my visit to MONA.

    On a low, curved stage sits a scene of mundane wreckage. Two utility vehicles serve as centrepieces. One is upturned, its front chassis exposed. It rests on the carcass of a two-seater lounge. A mattress is draped over the upper side of the wreck, a broken log, a signifier of the non-human world in this otherwise secular scene of anthropocentric waste, rests against the lower side.

    The other vehicle is upright but seriously damaged. Another mattress rests against it. A bundle of electrical conduit spills out of the tray. A worker’s boot limps over the bedding like a deflated balloon.

    It’s as though a couple of ute loads of tradies have smashed into a Derwent Park bungalow.
    Photo credit: Mona/Jesse Hunniford. Image courtesy of the artist and the Museum of Old and New Art, Hobart, Tasmania, Australia.

    Strewn around the battered wrecks are pieces of domestic infrastructure and appliances: bricks, cracked concrete slab, a washing machine, broken joists and beams, snarled corrugated iron sheets.

    It’s as though a couple of ute loads of tradies have smashed into a Derwent Park bungalow and scampered off.

    This scene is framed by a curved wall of brushed metal panelling, lit above by fluorescent light panels, and sealed behind a wall of glass. This glass is both a protector of the delicate eroding sculpture, and another contrasting visual metaphor employing the work’s foundational element, sand.

    Commitment to realism

    Mercier is a sculptor and a stage director, and the controlled composition of this scene of chaos attests to his multiple talents.

    The team of sculptors – Kevin Crawford, Enguerrand David, Sue McGrew and Leonardo Ugolini – have crafted a remarkable piece.

    The commitment to realism is impressive, from the quilting in the mattresses, to the indentations on the utes’ bodywork, to the creases in the sofa cushions, and the sly joke of a finely crafted sandshoe as if discarded by one of the artists as they stepped from the sculptural into the spectatorial space.

    Looking closer, the human objects – utes, mattresses, sofas – merge into or out of sandstone rock faces, like those found along Derwent River, including the peninsula upon which MONA stands.

    The commitment to realism is impressive.
    Photo credit: Mona/Jesse Hunniford. Image courtesy of the artist and the Museum of Old and New Art, Hobart, Tasmania, Australia.

    What are we to make of the deliberate collapsing of the “natural” and “human-made” in this piece?

    Mercier styles Mirrorscape as a “diorama of catastrophe”. He describes it as:

    a sculpted dystopian landscape […] using 80 tonnes of compacted sand […] inspired by different dark forces, such as tsunamis, earthquakes, hurricanes, wars, bulldozers – the powers of destruction.

    The conflation of “natural” and “man-made” here, and in the composition of the work, grates. While Mirrorscape may reflect a “man-made” landscape of disaster, precisely whose landscape is it, and who ultimately is responsible for it?

    A work about class

    Mirrorscape is superficially a work about class. Its blunt appropriation of the signifiers of working-class labour and domesticity contradicts the claim that the scene is an archetypal landscape, or humanity’s refuse.

    Mirrorscape might be appreciated as a witty piece reflecting on the kind of “treasures” of our age that future archaeologists might excavate in a local tip. But I found it provided little connection to the contemporary subjects of our present-day disasters.

    Mirrorscape is haunted, so to speak, by the figures who drove the wrecked utes, slept on the wasted mattresses. But their identities and complex lives, very much of our own time, are rendered invisible.

    As a meditation on catastrophe and the “powers of destruction,” Mirrorscape offers a conservative reckoning: that the contemporary human tragedies of inequality, alienated labour, class division and the waste these produce are the “natural” order of things.

    Mirrorscape is haunted by the figures who drove the wrecked utes, slept on the wasted mattresses.
    Photo credit: Mona/Jesse Hunniford. Image courtesy of the artist and the Museum of Old and New Art, Hobart, Tasmania, Australia.

    This is evident in the way the human objects merge into and out of the rock faces, each designed to erode to the common element: sand.

    In interviews, Mercier stresses the work’s debt to locality, and his engagement with the working-class suburbs neighbouring MONA:

    It was really important to me that everything was really strongly locally grounded, so that you can actually see your own mattress, your own car, your own catastrophe […] it’s a landscape that mirrors you.

    But really, how local is this scene, and what value is there in the reflections it provokes? There is little in this sculpture that relates it directly to the place where it is displayed.

    The images Mercier has chosen, while unconventional, are nevertheless generic. This dulls the potential for the kind of reflection on catastrophe that might impel a change in the minds of its viewers.

    Will MONA’s well-heeled attendees recognise their implication in the human catastrophe this work seeks to capture? Will visitors from the suburbs that neighbour MONA appreciate the reflection that Mirrorscape offers?

    If art is to play any role in motivating us to confront the catastrophes that are now upon us, it needs to go beyond the kind of slowly eroding stasis that is Mirrorscape’s defining quality.

    Mirrorscape is at MONA, Hobart, until February 16 2026.

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

    ref. A sculpture made from 80 tonnes of sand, Mirrorscape is remarkable – but too much is left unsaid – https://theconversation.com/a-sculpture-made-from-80-tonnes-of-sand-mirrorscape-is-remarkable-but-too-much-is-left-unsaid-256813

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI NGOs: Woodside’s Browse carbon dumping plans referred to WA EPA by leading environment groups

    Source: Greenpeace Statement –

    PERTH, Monday 19 May 2025 — Greenpeace Australia Pacific and the Conservation Council of WA today confirmed they had lodged a joint referral of Woodside’s high-risk Browse carbon dumping project – also referred to as carbon capture and storage (CCS) – to the Western Australian Environmental Protection Authority (EPA).

    The environment groups state that the ongoing seismic blasting from the carbon dumping project, and risk of CO2 blowouts, would have immediate impacts on Scott Reef and the surrounding ecosystem. They argue that projects posing significant risk of harm to WA’s environment must be referred to the WA EPA for proper assessment. 

    In October 2024, Woodside referred its carbon dumping plans to the federal government but bypassed the WA EPA. Last week the WA EPA announced it would reopen Woodside’s revised Browse gas proposal for public comment — the amended proposal did not include Woodside’s carbon dumping plans. 

    Geoff Bice, WA Campaign Lead at Greenpeace Australia Pacific, said: “Carbon dumping is an expensive distraction corporations use to greenwash their emissions, and a diversion from real action to slash climate pollution.

    “Woodside has tried for years to push through carbon dumping for its highly polluting Browse gas proposal, but the federal environment department highlighted the risks of the new technology to our oceans and marine life, as well as the risk of the injection site failing.

    “Woodside’s carbon dumping plans pose a serious risk to the pristine and fragile Scott Reef and its marine life. It is unacceptable for Woodside to bypass state assessment of its carbon dumping plans given the threat to the WA environment — its plans must be properly assessed by the WA EPA.

    “Ultimately, if we are serious about tackling the climate crisis we must stop emissions before they are produced — carbon dumping has not been proven to work at scale anywhere in the world and must be called out for the false promise it is.”

    Matt Roberts, Executive Director of the Conservation Council of WA, said: “By evading proper, robust environmental assessment of the potential risk this project would pose to the WA marine environment in WA state waters, Woodside is simply attempting to fast-track its approval and bypass due process.”

    “Even in light of revised plans before the WA EPA lodged by Woodside, they are simply tinkering around the edges. In reality, nothing has changed.

    “Carbon dumping is a failed technology — we’ve seen this with Chevron’s Gorgon project where less than 3% of total emissions have been sequestered successfully.There are no examples of carbon pollution dumping that have met dumping targets or been delivered on time or on budget. 

    “Failed offsets should not be used to support the development of new gas projects like Browse. We need much stronger commitments to abate carbon pollution, not false promises of dumping. The only safe way to prevent catastrophic climate change is to phase out the use of fossil fuels in favour of renewable energy.”

    Scott Reef is already subject to multiple environmental pressures, including marine heatwaves, coral bleaching and cyclone activity, driven by the burning of fossil fuels like gas. Woodside’s proposed carbon dumping and gas extraction activities threaten the long-term viability of the reef and the endangered species that rely on it.

    The EPA’s environmental impact assessment (EIA) process is designed to evaluate the potential environmental impacts of proposals, including both direct and indirect (secondary) effects. The WA EPA is required to assess the environmental acceptability of any proposal likely to have a significant effect on the WA environment.

    ENDS

    For more information or interviews, contact Kate O’Callaghan on 0406 231 892 or [email protected]

    MIL OSI NGO

  • MIL-OSI NGOs: Trump admin ends crucial NOAA disaster database

    Source: Greenpeace Statement –

    WASHINGTON, D.C. (May 8, 2025)—Today, the Trump administration announced it would shutter the “weather and climate disasters database,” a crucial tool built by the National Oceanic and Atmospheric Administration (NOAA) that helps the public track extreme weather events. Since 1980, the database has allowed the public to keep track of the costs related to these events. 

    In response, John Noël, Greenpeace USA Deputy Climate Program Director, said: “This is the next escalation in the administration’s all out war on climate action – and everyday people are the ones bearing the brunt. It begs the question: who benefits from not tracking the cost of disasters? 

    “Now, the administration and its cronies are going beyond denying the science to attempting to obscure the consequences. If the government stops tracking the costs of extreme weather events, it becomes easier for the fossil fuel industry and their political allies to deny or downplay climate impacts entirely. 

    “The ultimate goal is to shield oil and gas corporations from accountability for climate damages. But momentum is building nationwide to make polluters pay their fair share, as more states move forward with climate superfund bills and climate litigation. The Trump administration can “archive” this incredibly important data, but they cannot erase real pain and suffering felt by communities experiencing extreme weather events.” 


    Greenpeace USA is part of a global network of independent campaigning organizations that use peaceful protest and creative communication to expose global environmental problems and promote solutions that are essential to a green and peaceful future. Greenpeace USA is committed to transforming the country’s unjust social, environmental, and economic systems from the ground up to address the climate crisis, advance racial justice, and build an economy that puts people first. Learn more at www.greenpeace.org/usa.

    MIL OSI NGO

  • MIL-OSI: CoinShares Expands XBT Provider Platform with Seven New Physical Crypto ETPs

    Source: GlobeNewswire (MIL-OSI)

    May 21, 2025 | SAINT HELIER, Jersey | CoinShares International Limited (“CoinShares” or “the Group”) (Nasdaq Stockholm: CS; US OTCQX: CNSRF), a leading global investment company specializing in digital assets with over $6 billion in AUM, announces the expansion of its Swedish XBT Provider Platform with the launch of seven new physically-backed crypto Exchange Traded Products (ETPs).

    CoinShares is leveraging its well-established and respected Swedish platform, CoinShares XBT Provider AB, to offer investors access to new digital assets with best-in-class structuration, cost-effective management fees, and staking rewards for proof-of-stake cryptocurrencies. Each product employs physical replication, meaning the underlying cryptocurrencies purchased and directly held in a regulated custodian.

    The seven new products, all denominated and traded in SEK and listed on Nasdaq Stockholm, include:

    Name Management Fees Staking Reward
    CoinShares XBT Litecoin 1.50% p.a. Not a proof of stake crypto
    CoinShares XBT Chainlink 1.50% p.a. Not a proof of stake crypto
    CoinShares XBT Polkadot Reduced to 0.00% p.a. 5.0% p.a.
    CoinShares XBT Solana Reduced to 0.00% p.a. 3.0% p.a.
    CoinShares XBT Cardano Reduced to 0.00% p.a. 2.0% p.a.
    CoinShares XBT XRP 1.50% p.a. Not a proof of stake crypto
    CoinShares XBT Uniswap 1.50% p.a. Not a proof of stake crypto

    Jean-Marie Mognetti, CEO of CoinShares, commented on the launch: “We are glad to reinvigorate the CoinShares XBT Provider platform, which made history as the world’s first open-ended crypto ETP when created in 2015 and subsequently acquired by CoinShares in 2016. With this product extension, we’re enabling Swedish investors to access an expanded range of tokens through a pioneering and time-tested crypto ETP platform. The XBT Provider platform has consistently demonstrated its reliability and has become the trusted choice for Swedish investors seeking exposure to digital assets.

    This expansion represents our commitment to developing the Swedish market, providing institutional-grade investment vehicles that can help bridge the adoption gap that currently exists compared to other European markets. By offering these innovative products on a trusted platform, we aim to accelerate digital asset integration within Sweden’s sophisticated financial ecosystem.”

    “We are happy to see CoinShares expand their offering on our markets. The demand for ETPs is continuing to grow and this is an important step for the Swedish market in meeting that demand. With a broader range of locally listed ETPs, we give investors the opportunity to take advantage of cost-effective, transparent investment opportunities.” says Adam Kostyál, President, Nasdaq Stockholm

    About CoinShares 

    CoinShares is a leading global digital asset manager that delivers a broad range of financial services across investment management, trading and securities to a wide array of clients that includes corporations, financial institutions and individuals. Founded in 2013, the firm is headquartered in Jersey, with offices in France, Stockholm, the UK, and the US. CoinShares is regulated in Jersey by the Jersey Financial Services Commission, in France by the Autorité des marchés financiers, in the US by the Financial Industry Regulatory Authority. CoinShares is publicly listed on the Nasdaq Stockholm under the ticker CS and the OTCQX under the ticker CNSRF.

    For more information on CoinShares, please visit: https://coinshares.com 
    Company  | +44 (0)1534 513 100 | enquiries@coinshares.com 
    Investor Relations | +44 (0)1534 513 100 | enquiries@coinshares.com 

    PRESS CONTACT

    CoinShares
    Benoît Pellevoizin
    bpellevoizin@coinshares.com

    M Group Strategic Communications
    Peter Padovano
    coinshares@mgroupsc.com

    The MIL Network

  • MIL-Evening Report: Interest rates are coming down. Here’s what homeowners should know about refinancing

    Source: The Conversation (Au and NZ) – By Ama Samarasinghe, Lecturer, Financial Planning and Tax, RMIT University

    doublelee/Shutterstock

    On Tuesday, the Reserve Bank of Australia cut the target cash rate by 0.25 percentage points. It now sits at 3.85% – the lowest since May 2023.

    Australia’s big four banks were all quick to announce they would be passing the cuts on to borrowers. If you’ve got a mortgage, you might be wondering if this is your cue to act.

    Refinancing your home loan – whether by negotiating a better deal with your current lender or switching to a new one – could save you thousands over the life of your loan.

    However, it won’t be the right decision for everyone. And there are some important things to know about how the process works – including hidden costs and risks.

    What is refinancing?

    Refinancing simply means replacing your existing home loan with a new one – either from your current lender or a different one. The goal? To take advantage of better loan terms.

    If you’re on a “variable rate” loan, your lender may already be passing on some or all of the recent rate cut (though you may have had to opt in).




    Read more:
    RBA cuts interest rates, ready to respond again if the economy weakens further


    But if you’re on a “fixed rate” loan, your repayments will stay the same until your fixed term ends – meaning you might not benefit from the cut unless you refinance (though break costs could apply).

    Switching to a loan with a lower rate can mean smaller monthly repayments. Or, by keeping repayments the same size but with a lower interest rate, you could potentially pay off a loan faster and save in the long term.

    Refinancing activity has been trending up since 2021, with external refinancing (switching banks) rising significantly among both owner-occupiers and investors. That’s a clear sign many borrowers are chasing better deals.

    Refinancing activity could increase further after this month’s rate cut.
    Zivica Kerkez/Shutterstock

    Can refinancing save you money?

    Yes – if it’s right for you and you do it right. Switching to a lower interest rate could slash thousands off your yearly repayments.

    If you’ve built up equity, you might be able to release funds to reinvest or improve your property. Some lenders also offer refinancing cashback deals – one-off payments to attract new customers.

    There are some important things to consider – including some traps to avoid – if you’re thinking about refinancing your home loan.

    1. Be mindful of your loan-to-value ratio

    Loan-to-value ratio (LVR) is the amount you borrowed as a percentage of the property’s value or purchase price.

    If your LVR is above 80%, you probably paid lenders mortgage insurance (LMI) on your original loan, designed to protect the lender in case you default.

    If your current loan still exceeds 80% of your home’s value (based on the new lender’s valuation), you might need to pay LMI again. That cost could wipe out any benefit from a lower rate.

    2. Careful how you compare

    When comparing rates and repayments, make sure you’re comparing apples with apples.

    If you’ve already paid five years on a 30-year loan, you have 25 years left. But when you ask a new lender for a quote, they may show repayments based on a full 30-year term – which could make the monthly repayment look much lower.

    To make a fair comparison, ask for quotes based on your remaining loan term. If you decide to switch, aiming for a loan with the same term can help you avoid paying more interest in the long run.

    3. Factor in all associated costs

    Refinancing comes with costs. These may include:

    • break fees if you’re leaving a fixed-term loan early
    • settlement fees for your current lender to close out the loan
    • application and valuation fees with the new lender
    • ongoing monthly fees that might not seem large but can add up over time.

    Also, if you’re applying to multiple lenders to compare offers, be aware requesting multiple credit checks in a short space of time can negatively impact your credit score.

    4. Consider renegotiating with your existing lender first

    Lenders rarely offer their best deals to existing customers – unless you ask. In fact, they often reserve the most attractive deals for new customers.

    Consider picking up the phone and asking for a rate review. If you have a better offer from another bank, you may be able to use that as leverage.

    Staying with your current lender can have advantages. It may be quicker and easier than refinancing with another lender. But don’t let loyalty cost you – especially if better rates are on the table elsewhere.

    5. Don’t assume your repayments will drop automatically

    For borrowers on variable loans, some banks don’t automatically reduce your repayments after a rate cut. You may need to manually adjust them through your bank’s app or website, or “opt in”.

    Alternatively, keeping your repayment amount the same could help you pay off your loan faster and reduce interest costs.

    Banks don’t always automatically adjust variable loan repayments after a rate cut.
    David Lade/Shutterstock

    6. Check your credit score before applying

    Your credit score can play a key role in refinancing. Lenders use it to assess how risky it is to lend to you – and it can affect the interest rate you’re offered.

    If your score has dropped since you first took out your loan, you may not qualify for the best deals.

    Check your score through your bank or a free online service before you apply. If it’s low, take time to improve it before refinancing to boost your chances of approval and better rates.

    For an estimate of your potential savings from refinancing, try the Australian Securities and Investments Commission (ASIC)’s MoneySmart mortgage switching calculator.


    Disclaimer: This article provides general information only and does not take into account your personal objectives, financial situation, or needs. It is not intended as financial advice. Before acting on any information, consider whether it is appropriate for your circumstances.

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

    ref. Interest rates are coming down. Here’s what homeowners should know about refinancing – https://theconversation.com/interest-rates-are-coming-down-heres-what-homeowners-should-know-about-refinancing-257116

    MIL OSI AnalysisEveningReport.nz

  • MIL-Evening Report: What’s the obscure Australian online safety standard Elon Musk’s X is trying to dodge in court? An expert explains

    Source: The Conversation (Au and NZ) – By Rob Cover, Professor of Digital Communication and Director of the RMIT Digital Ethnography Research Centre, RMIT University

    In its most recent battle with authorities in Australia, X (formerly Twitter) has launched legal action in the Federal Court, seeking an exemption from a new safety standard aimed at preventing the spread of harmful material online.

    The standard in question is known as the Relevant Electronic Services Standard. It came into effect in December 2024, but won’t start being enforced by Australia’s online regulator, eSafety, until June this year.

    Compared with the social media ban for under-16s, this standard has been a side issue in the broader topic of online safety. So what exactly is it? And will it be effective at preventing the spread of harmful material online?

    What is the standard?

    The Relevant Electronic Services Standard contains criteria to help address the pervasiveness of harmful and illegal material distributed online. It is particularly focused on child sexual exploitation content, depictions of extreme violence, illegal drug material, and pro-terror content.

    Relevant electronic services (RES) are digital services that enable user-to-user content. This includes instant messaging, email and chat platforms. The legal definition also includes some online gaming services.

    Under Australia’s Online Safety Act 2021, the communications minister may exempt some services or platforms from being defined as an RES. The minister can also set conditions on the service for exemption, such as having a robust moderation service, or being a messaging service for internal employees of a company.

    Some social media platforms, such as Facebook and X, may be defined as RES. That’s because they also offer user-to-user messaging services. It is sensible, then, for the Federal Court to determine whether they fall under social media codes or RES standards, or both.

    The standards require RES to implement systems, processes and technologies to detect and remove child sexual abuse and pro-terror material from their services, and to actively deter end-users from distributing this material.

    There are consequences for services that fail to comply. The eSafety commissioner, Julie Inman Grant, can issue a formal warning or infringement notice, or have the courts apply a civil penalty.

    What does the standard do?

    The Online Safety Act 2021 imposes obligations on RES providers, particularly regarding the handling of harmful material. This material is categorised into several classes, including Class 1A and Class 1B content.

    Class 1A material typically means child exploitation and pro-terror content. Class 1B material refers to extreme violence, promotion of crime, and illegal drug-related content.

    The class of content is determined by referring to the National Classification Scheme. This scheme sets standards for the ratings of films.

    Class 1A and 1B material is content, texts and images that would be “refused classification” under the scheme. That is, it would be material that is usually not allowed to be distributed at all. Class 2 material is what we usually consider X-rated or 18+ material.

    At the moment, the eSafety commissioner can ask a RES to remove Class 1 or Class 2 content, or the service can be penalised. However, the next step has been to work with industry to develop codes that require service providers to be more proactive in preventing Class 1 content being shared between their users.

    Will the standard be effective?

    X wants its platform to be treated as exempt, and governed by the similar but less stringent Social Media Code instead. Whatever the Federal Court decides, however, there are other issues to consider.

    Part of the difficulty with the scheme is that it relies on harmful content coming to the attention of the eSafety commissioner. This usually happens when an end-user makes a complaint.

    But our recent research, which surveyed 2,520 representative Australians and will be published later this year, found that only about 10% of users who were the target of digital harms reported them to the eSafety commissioner. Among those who had witnessed harmful content or behaviour, only 6% reported. About 40% of Australians don’t believe reporting will make any difference.

    Another issue with the industry standards raised by digital rights activists is that it may require services to investigate user messages even when end-to-end encryption of messages is used. That may have serious privacy implications.

    New global treaties could help address the problem of online harm.
    nexus 7/Shutterstock

    A global treaty could help

    This ties into broader problems with the online safety framework.

    Much of the focus has been on managing platforms and getting platforms to police users and content – a necessary approach to avoid penalising individuals and overwhelming courts.

    However, service provider policing often fails to meet the norms of due process, such as transparency and the right to appeal decisions.

    It also makes platforms and messaging providers the “arbiters” of free speech and censorship, instead of governments, courts and communities.

    While setting standards on platforms is one part of the solution, we need to continue developing remedies to protect users. This may include global agreements and multilateral treaties, similar to the International Covenant on Civil and Political Rights, so all countries can share the burden locally for digital harms that occur across jurisdictions, and ensure due process and the protection of privacy.

    Rob Cover receives funding from the Australian Research Council

    ref. What’s the obscure Australian online safety standard Elon Musk’s X is trying to dodge in court? An expert explains – https://theconversation.com/whats-the-obscure-australian-online-safety-standard-elon-musks-x-is-trying-to-dodge-in-court-an-expert-explains-257222

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Submissions: Analysis – Asia-Pacific card payments market to reach nearly $25 trillion in 2025, forecasts GlobalData

    Source: GlobalData

    The Asia-Pacific (APAC) card payments market is expected to growth by 4.3% to reach $24.7 trillion in 2025 supported by growing preference for electronic payments. 

    Strong growth in markets like China, South Korea, Japan, and Australia is complemented by rising adoption in emerging economies, supported by infrastructure improvements, regulatory initiatives, and expanding financial inclusion across the region, according to GlobalData, a leading data and analytics company.

    GlobalData’s Payment Cards Analytics reveals that the card payment value in APAC registered a growth of 5.8% in 2023, driven by the rise in consumer spending. The value registered an estimated growth of 4.8% in 2024 to reach $23.7 trillion.

    Ravi Sharma, Lead Banking and Payments Analyst at GlobalData, comments: “China, South Korea, Japan and Australia have a robust card payments market with high card payments value. Other markets within the region are also catching up supported by improving payment infrastructure, rising middle-income population, growing financial awareness, and banks offering lucrative benefits in terms of reward programs and instalment facilities.”

    The APAC card payments market is dominated by China, which is expected to grow by 3.7% in 2025 to reach $20.3 trillion. It is distantly followed by South Korea with expected card payments value of $984.5 billion, Japan with $866.1 billion, and Australia with $731.4 billion in 2025.

    However, card usage is comparatively low in the Philippines, Indonesia, India, Thailand, and Vietnam. This is mainly due to the limited financial awareness for card payments, inadequate POS infrastructure, and growing popularity of QR-based mobile payments.

    These countries are also gradually pushing card adoption through various financial awareness campaigns as well as by introducing favorable regime. For instance, the central bank of Indonesia capped the credit card interest rate at 1.75%, effective from 1 July 2021, reducing it from existing 2% per month to drive credit card usage.

    Similarly, in India, the government’s move to abolish merchant service fees on RuPay cards (domestic card) effective from 1 January 2020, encouraged the acceptance of RuPay cards among merchants, thereby pushing debit card usage.

    However, high cost involved in POS infrastructure for merchants and high preference for digital wallets among consumers remain challenge for faster growth in card payments in the region. Many consumers in the region leapfrogged from cash to digital wallets skipping card payments. The availability of low-cost smartphones, rising Internet penetration, growing awareness of mobile payments and the proliferation of digital wallets have resulted in Asian countries shifting from cash transactions to mobile digital payments.

    Sharma concludes: “Looking ahead, the total card payments market in APAC is expected to continue its upward trajectory, driven by ongoing government initiatives, improving payment infrastructure and a consumer shift towards electronic payments. However, high preference for mobile payments remains a challenge for their faster adoption. Overall, the card payments value in APAC is expected to register a compound annual growth rate (CAGR) of 6% between 2025 to 2029 to reach $31.1 trillion in 2029.”

    About GlobalData

    4,000 of the world’s largest companies, including over 70% of FTSE 100 and 60% of Fortune 100 companies, make more timely and better business decisions thanks to GlobalData’s unique data, expert analysis and innovative solutions, all in one platform. GlobalData’s mission is to help our clients decode the future to be more successful and innovative across a range of industries, including the healthcare, consumer, retail, financial, technology and professional services sectors.

    MIL OSI – Submitted News

  • MIL-OSI China: Palace Museum centennial marked at UN

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

    People visit the “Endless Vitality” exhibition at the UN headquarters in New York, May 19, 2025. [Photo/Xinhua]

    The Forbidden City, once the seat of Chinese emperors, was honored on the global stage on Monday as diplomats, UN officials and cultural leaders gathered at the UN headquarters to celebrate the centennial of the Palace Museum.

    The occasion featured the unveiling of a commemorative UN stamp sheet and the opening of the “Endless Vitality” exhibition, co-hosted by the Palace Museum and the UN Chinese Book Club, with support from the United Nations’ Global Sustainable Development Goals and Leadership Development Center.

    Geng Shuang, charge d’affaires of China’s permanent mission to the United Nations, said that the newly issued UN Postal Administration stamps not only mark the 100th anniversary of the Palace Museum, but also showcase “the enduring charm of Chinese culture to the world.”

    This image shows a commemorative UN stamp sheet marking the 100th anniversary of the Palace Museum. [Photo/Xinhua]

    He emphasized that just as cultural relics require dedicated restorers, the United Nations, an 80-year-old institution, also needs the world to work together not just to restore it, but to revitalize it for the new era, “to help it to make greater contributions to world peace, common development and civilization exchanges.”

    UN Under-Secretary-General for Operational Support Atul Khare highlighted the unique and powerful role of museums as “places where culture lives, where stories are told, and where people come together to learn and connect. They preserve our past, help us understand our present, and inspire our future.”

    Geng Shuang (2nd R), charge d’affaires of China’s permanent mission to the United Nations, UN Under-Secretary-General for Operational Support Atul Khare (1st R), Eliot Minchenberg (2nd L), director of the UNESCO Liaison Office in New York and UNESCO representative to the United Nations, and Wang Yuegong, deputy director of the Palace Museum, display a commemorative UN stamp sheet marking the 100th anniversary of the Palace Museum at the UN headquarters in New York, May 19, 2025. [Photo/Xinhua]

    He praised the Palace Museum as “one of the world’s great cultural institutions,” and commended its work in giving Chinese heritage new meaning in today’s world. “Through its exhibitions, research, and international collaborations, the Palace Museum has brought Chinese civilization into conversation with the world.”

    Eliot Minchenberg, director of the UNESCO Liaison Office in New York and UNESCO representative to the United Nations, described the Palace Museum as “a guardian of Chinese heritage” and “a testament to the richness of human experience.”

    He noted that its 1987 inscription on the UNESCO World Heritage List symbolizes the long-standing partnership between UNESCO and China.

    Guests display a commemorative UN stamp sheet marking the 100th anniversary of the Palace Museum at the UN headquarters in New York, May 19, 2025. [Photo/Xinhua]

    “The stamps we unveil today should serve not only as symbols of commemoration, but as invitations to celebrate our shared heritage, and to draw strength from our cultural roots as we look ahead together,” he said.

    Wang Yuegong, deputy director of the Palace Museum, said that in recent years, the Palace Museum’s cultural and creative products have embraced sustainable values, including eco-friendly design, intangible heritage protection and rural revitalization, offering “a unique cultural perspective in support of the UN Sustainable Development Goals.”

    MIL OSI China News

  • MIL-OSI New Zealand: Media Advisory: Police graduation tomorrow in Porirua

    Source: New Zealand Police

    Media are invited to the 384 Allan Boreham Police recruit wing graduation.

    What:   Graduation of the New Zealand Police Allan Boreham 384 Recruit Wing.
    Who:   For families and friends to celebrate with the newly attested Police officers.
    Why:   Completion and graduation from their initial training course.
    Where:  Te Rauparaha Arena, 17 Parumoana Street, Porirua.
    When:  Thursday 22 May at 2pm – media will need to be in place by 1.45pm.
    How:    RSVP the Police Media Centre if you’re attending: media@police.govt.nz

    Commissioner Richard Chambers will be attending the ceremony, along with Her Worship Anita Baker, the Mayor of Porirua. Also attending will be members of the Police executive and Wing Patron, former Assistant Commissioner Allan Boreham.

    The three top award winners will be deployed to Eastern, Wellington and Tasman Districts. 

    The 384 Wing Patron:

    Allan Boreham is a retired Assistant Commissioner of Police and former head of Youth Justice for Oranga Tamariki, Ministry for Children. Allan holds the New Zealand Police in very high esteem and is honoured to be the patron for Wing 384.

    He says he is looking forward to supporting the wing members to succeed and gain all the satisfaction a Police career offers. Allan joined Police in 1985 (in Wing 97) and served for more than 33 years. He was also a Deputy Chief Executive in the public service for five years in charge of Youth Justice.

    His Police career was varied and involved completing a wide range of roles in public safety, investigations, and road policing. These included postings in Auckland, Tokoroa, Hamilton and Wellington. He received an award for his leadership in solving the 1997 kidnapping and murder of an Auckland businessman, Graham Kirkwood.

    More details about statistics, prize winners and other recruits will be shared after graduation on Thursday.

    ENDS

    Issued by Police Media Centre

    MIL OSI New Zealand News

  • MIL-OSI New Zealand: Protect Pay Equity Budget Day hui at Parliament – PSA

    Source: PSA

    PSA members will be turning out to support New Zealand women and pay equity at a multi-union Protect Pay Equity hui at Parliament tomorrow.
    The rally Is being held on Budget Day to highlight how the recent pay equity law changes were rushed through Parliament to free up billions of dollars to plug the gaps in the Government’s Budget, says PSA National Secretary Fleur Fitzsimons.
    “The undemocratic pay equity law extinguished 33 pay equity claims covering more than 150,000 mainly female workers,” Fitzsimons says.
    “This means the Budget will be paid for by taking money from support workers, library assistants, social workers and others to fund tax breaks for landlords and support for tobacco companies.
    The Protect Pay Equity hui will be held in Parliament Grounds, 1pm to 2pm, on Budget Day Thursday 22 May 2025.
    The Public Service Association Te Pūkenga Here Tikanga Mahi is Aotearoa New Zealand’s largest trade union, representing and supporting more than 95,000 workers across central government, state-owned enterprises, local councils, health, and community groups.

    MIL OSI New Zealand News

  • MIL-OSI New Zealand: Advocacy – NZNO care and support workers at Parliament for Budget Day

    Source: New Zealand Nurses Organisation

    Care and support workers who had their pay equity claims dumped overnight after years of work will meet at Parliament tomorrow to voice their frustration at the Coalition Government’s changes.
    The workers are members of New Zealand Nurses Organisation Tōpūtanga Tapuhi Kaitiaki o Aotearoa (NZNO) and are some of the 3000 aged residential care health care assistants who were party to the claim.
    NZNO care and support delegate Tash Greig says care and support workers were devastated by the changes.
    “The Government chose not to prioritise low-paid women in this year’s Budget. They can find funding for landlords and the film industry, but not for women doing some of society’s toughest jobs.
    “The work we do has been underpaid and undervalued for generations because we are women. Our claim was almost finalised and would have meant our hard work was finally properly recognised.
    “To heap injustice on injustice, these changes were made without warning or consultation. That’s why we are joining the cross-union hui at Parliament tomorrow.
    “We want the Government to treat us with the same dignity and respect we treat our elderly and vulnerable patients with – and reverse these changes,” Tash Greig says.
    When: 1-2pm, Thursday 22 May 2025
    Where: Parliament Lawn.

    MIL OSI New Zealand News

  • MIL-OSI Asia-Pac: CM discussed at WHO assembly

    Source: Hong Kong Information Services

    Secretary for Health Prof Lo Chung-mau spoke at a panel discussion session and met World Health Organization (WHO) officials yesterday as he continued his attendance at the WHO’s 78th World Health Assembly in Geneva, Switzerland.

    In the morning, Prof Lo and Director of Health Dr Ronald Lam listened to remarks made by State Council Vice Premier Liu Guozhong at the assembly’s “High Level Segment”.

    Prof Lo commented: “The Hong Kong Special Administrative Region Government spares no efforts to complement the nation’s strategies to contribute to the building of a global community of health for all.”

    Prof Lo and Dr Lam also attended a side event themed “Improving Universal Health Coverage through the implementation of WHO Traditional Medicine Strategy 2025-2034”, which was hosted by the National Administration of Traditional Chinese Medicine along with the health authorities of Malaysia, Nepal, Saudi Arabia and Seychelles.

    In a panel discussion, Prof Lo spoke about Hong Kong’s experiences in promoting high-quality and high-standard Chinese medicine (CM) development.

    He said: “The Hong Kong SAR Government will leverage Hong Kong’s strengths in its healthcare system, regulatory framework, standard-setting, clinical research, trade, and more to develop the city into a bridgehead for the internationalisation of CM.”

    In terms of CM practice, he explained that the Hospital Authority has accumulated extensive experience through its integrated Chinese-Western medicine services over the years. The Chinese Medicine Hospital of Hong Kong is developing a “Hong Kong model” that includes pure CM, CM-predominant, and integrated Chinese-Western medicine clinical services, with a view to promoting CM at an international level.

    With regard to CM drugs, Prof Lo said Hong Kong’s Government Chinese Medicines Testing Institute is actively advancing scientific research, education and international exchanges on CM drug testing. This includes developing internationally recognised reference standards and testing methods for CM drugs, and promoting the commercial application of such methods, with a view to developing Hong Kong into an international hub for CM testing and quality control.

    Prof Lo and Dr Lam also met the WHO’s Director of Nutrition & Food Safety Luz María De Regil to discuss strategies and interventions for obesity and weight management. Prof Lo said that the Hong Kong SAR Government will strive to halt the rise of obesity by implementing life-course interventions.

    The delegation will arrive back in Hong Kong tomorrow.

    MIL OSI Asia Pacific News

  • MIL-OSI USA: 78 Combined Regional Measurement Assurance Program (C-RMAP)

    Source: US Government research organizations

    You will need a government-issued photo ID (e.g., passport or driver’s license) when you check into the Visitors Center at the entrance of NIST and if bringing a vehicle onto the NIST campus, a vehicle registration card.

    PLEASE NOTE: Effective July 21, 2014, under the REAL ID Act of 2005 (https://www.dhs.gov/real-id/real-id-frequently-asked-questions), agencies, including NIST, can only accept a state-issued driver’s license or identification card for access to federal facilities if issued by states that are REAL ID compliant or have an extension. NIST currently accepts other forms of federally issued identification in lieu of a state-issued driver’s license, such as a valid passport, passport card, DOD’s Common Access Card (CAC), Veterans ID, Federal Agency HSPD-12 IDs, Military Dependents ID, Transportation Workers Identification Credential (TWIC), and TSA Trusted Traveler ID. See Visitor Information for the latest information.

    MIL OSI USA News

  • MIL-OSI USA: 16th Annual NICE Conference and Expo

    Source: US Government research organizations

    The NICE Conference and Expo will take place June 1-3, 2025. Location to be announced. 


    This event is supported by the National Initiative for Cybersecurity Education (NICE), a program of the National Institute of Standards and Technology in the U.S. Department of Commerce, under NIST Financial Assistance Award #70NANB23H004.

    MIL OSI USA News

  • MIL-OSI Russia: New Species of Microbes Discovered on Chinese Space Station

    Translation. Region: Russian Federal

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

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

    BEIJING, May 21 (Xinhua) — Researchers on the Chinese space station announced for the first time the discovery of a new strain of bacteria, named Niallia tiangongensis, the China Manned Space Administration (CMSA) said on Tuesday.

    As one of the oldest and most diverse forms of life on Earth, microorganisms are tiny but ubiquitous. The newly discovered species represents a previously unknown microbe that has never been documented or studied by scientists before.

    The unique environment inside the space station, with its microgravity, radiation, confined spaces and limited nutrients, has long attracted researchers because of its potential to harbor unknown species of microorganisms.

    In May 2023, the Shenzhou-15 crew collected microbial samples from the station’s surfaces using sterile wipes and preserved them at low temperatures in orbit. The frozen samples were sent back to Earth, where scientists analyzed the samples and identified a new species of microorganism, Niallia tiangongensis. The analysis involved multidisciplinary methods, including morphological analysis, genome sequencing, phylogenetic studies, and metabolic profiling, the CMSA said.

    Microorganisms use their unique biological mechanisms to adapt to the stresses of the space environment, which in turn shape their metabolic and physiological characteristics.

    Niallia tiangongensis exhibits exceptional stress tolerance by maintaining cellular redox balance and ensuring robust growth under extreme conditions by regulating bacillithiol (BSH) biosynthesis to counteract space-induced oxidative stress.

    The new strain has distinctive biofilm-forming and radiation-damage-repelling capabilities, making it a versatile solution for space environments.

    The new discovery offers scientists a completely new perspective: the adaptation mechanisms of new species could help develop targeted microbial control strategies that could be applied in aerospace, agriculture, industry and medicine, as well as in the sustainable use of organic matter.

    As the long-term operation of the Chinese space station continues, researchers expect significant progress in understanding the biologically active components of microorganisms, their genetic resources and metabolic functions, which could potentially bring significant benefits to scientific research and practical applications on Earth.

    The results of the study were published online in the international scientific journal International Journal of Systematic and Evolutionary Microbiology. -0-

    MIL OSI Russia News

  • MIL-OSI Russia: Canada’s consumer price index rose 1.7 percent in April

    Translation. Region: Russian Federal

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

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

    OTTAWA, May 20 (Xinhua) — Canada’s consumer price index rose 1.7 percent year-on-year in April, slower than the 2.3 percent increase in March, Statistics Canada said Tuesday.

    As noted, the slowdown in inflation in April was caused by a decrease in energy prices, which fell by 12.7 percent after a decrease of 0.3 percent in March.

    Excluding energy, the consumer price index rose by 2.9 percent in April, compared to 2.5 percent in March.

    On a monthly basis, the consumer price index fell by 0.1 percent in April –0–

    MIL OSI Russia News

  • MIL-OSI Russia: What flowering plants can be found in the capital at the end of spring

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    The end of spring is a unique time when nature pleases with bright colors and unique aromas. Specialists of the capital Department of Nature Management and Environmental Protection talked about the plants that bloom during this period.

    There is usually a strategically thought-out mechanism behind the external beauty. According to experts, the color, shape, smell and size of the plant’s flower are designed to attract the attention of pollinating insects.

    Flowers have nectaries – glandular organs that secrete nectar. However, the plant is ready to “treat” not every insect with it, but only the one that, thanks to its morphological structure, can reach the secret glands, taking pollen with it for another flower. Thus, flies and small bees pollinate early coltsfoot. Bumblebees are mass pollinators of the first forest flowers, such as creeping bugleweed and ground ivy.

    Beetles pollinate large rosehip and elderberry flowers well. But honey bees are very selective about the amount of sugar in the nectar, so in spring their main food source is flowering willows, various types of maples and caragana arborescens.

    The next productive honey harvest awaits bees on raspberry flowers. Its fruit is a complex drupe, and in order for the berry itself to be juicy, tasty and beautiful, pollination of all the ovaries, which serve to capture pollen, is necessary. For this reason, a large number of bees are required. Raspberries secrete quite a lot of nectar, bees fly to them even after sunset, so as a result, the hive becomes several kilograms heavier. The beginning of raspberry blossoming with a barely perceptible honey aroma is an indicator of the end of spring and the onset of summer.

    The capital’s Department of Nature Management and Environmental Protection reminds that all plants are important for the Moscow ecosystem, so experts urge city residents to admire the greenery and not harm it.

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

    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/nevs/ite/154090073/

    MIL OSI Russia News

  • MIL-OSI Russia: Multifunctional center with sports complex to appear in Konkovo

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    A modern multifunctional complex will appear in Konkovo. For its construction, in order to implement the renovation program, changes were made to the land use and development rules for a 1.29-hectare site. This was reported by Juliana Knyazhevskaya, Chairman of the Committee for Architecture and Urban Development of the City of Moscow.

    The area for future development is located at the address: Vvedenskogo Street, Building 5a.

    “The complex with a maximum area of about 41 thousand square meters will presumably include a sports and fitness center, a parking lot, and premises for the Konkovo district administration. A comfortable and inspiring environment will be created for residents here. The complex will give city residents new opportunities for active recreation, sports, and solving everyday issues close to home,” added Yuliana Knyazhevskaya.

    The project implementation also provides for comprehensive landscaping and improvement of the adjacent territory: new pedestrian zones and small architectural forms will appear. This will make the area even more attractive and comfortable for living.

    Land use and development regulations contain standards and requirements that govern how land can be used and what can be built on it. They determine what activities are permitted in certain locations, as well as what must be taken into account when designing and constructing buildings.

    Earlier Sergei Sobyanin told about resettlement under the renovation program in the Pokrovskoe-Streshnevo area.

    The renovation program was approved in August 2017. It concerns about a million Muscovites and provides for the resettlement of 5,176 houses. Sergei Sobyanin instructed to double the pace of implementation of the renovation program.

    Moscow is one of the leaders among regions in terms of construction volumes. High rates of housing construction correspond to the goals and initiatives of the national project “Infrastructure for life”.

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

    Please note: This information is raw content 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/nevs/ite/154120073/

    MIL OSI Russia News

  • MIL-OSI: Cipher Mining Prices Convertible Senior Notes Offering and Hedging Transaction to Place Borrowed Common Stock

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 21, 2025 (GLOBE NEWSWIRE) — Cipher Mining Inc. (NASDAQ: CIFR) (“Cipher” or the “Company”) today announced the pricing of its public offering of $150,000,000 aggregate principal amount of convertible senior notes due 2030 (the “notes”) in an offering registered under the Securities Act of 1933, as amended. The issuance and sale of the notes are scheduled to settle on May 22, 2025, subject to customary closing conditions. Cipher also granted the underwriters of the notes offering a 30-day option to purchase up to an additional $22,500,000 aggregate principal amount of notes solely to cover over-allotments. Morgan Stanley is acting as sole bookrunning manager for the offering. Keefe, Bruyette & Woods, A Stifel Company is acting as co-manager for the offering.

    The notes will be senior, unsecured obligations of Cipher, and will accrue interest at a rate of 1.75% per annum, payable semi-annually in arrears on May 15 and November 15 of each year, beginning on November 15, 2025. The notes will mature on May 15, 2030, unless earlier repurchased, redeemed or converted. Noteholders will have the right to convert their notes in certain circumstances and during specified periods. Cipher will settle conversions by paying or delivering, as applicable, cash, shares of its common stock, par value $0.001 per share (“common stock”), or a combination of cash and shares of its common stock, at Cipher’s election. The initial conversion rate is 224.9213 shares of common stock per $1,000 principal amount of notes, which represents an initial conversion price of approximately $4.45 per share of common stock. The initial conversion price represents a premium of approximately 30.00% over the $3.42 public offering price per share of common stock in the concurrent delta offering referred to below. The conversion rate and conversion price will be subject to adjustment upon the occurrence of certain events.

    The notes will be redeemable, in whole or in part (subject to certain limitations), for cash at Cipher’s option at any time, and from time to time, on or after May 22, 2028 and on or before the 30th scheduled trading day immediately before the maturity date, but only if the last reported sale price per share of Cipher’s common stock exceeds 130% of the conversion price for a specified period of time. The redemption price will be equal to the principal amount of the notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the redemption date.

    If certain corporate events that constitute a “fundamental change” occur, then, subject to a limited exception, noteholders may require Cipher to repurchase their notes for cash. The repurchase price will be equal to the principal amount of the notes to be repurchased, plus accrued and unpaid interest, if any, to, but excluding, the applicable repurchase date. In addition, unless Cipher has previously called all outstanding notes for redemption, noteholders may at their option require Cipher to repurchase their notes for cash on May 15, 2028 at a repurchase price equal to the principal amount of the notes to be repurchased, plus accrued and unpaid interest, if any, to, but excluding, the repurchase date.

    The net proceeds from the offering, before offering expenses, will be $145,875,000 (or $167,756,250 if the underwriters fully exercise their option to purchase additional notes), after deducting the underwriting discounts and commissions. Cipher intends to use the net proceeds from the offering to complete Phase 1 of the Black Pearl data center project (“Phase 1”), including: (i) purchasing at a discount the remaining balance of mining rigs required for Phase 1; (ii) paying expected tariffs and shipping costs for the mining rigs to be used for Phase 1; and (iii) paying other infrastructure-related capital expenditures in connection with Phase 1, and for general corporate purposes. On May 16, 2025, the Company, through its wholly-owned subsidiaries Cipher Mining Infrastructure LLC, a Delaware limited liability company, and Cipher Black Pearl LLC, a Delaware limited liability company, entered into an Amendment Agreement and Deed of Novation to the Future Sales and Purchase Agreement (the “2025 Amendment”) with Bitmain Technologies Delaware Limited, which amends the Company’s existing Future Sales and Purchase Agreement, dated December 16, 2023, as amended by the Supplemental Agreement, dated June 5, 2024, the Amendment Agreement, dated July 10, 2024 and the Notice of Exercise dated February 5, 2025 (together, the “Original Agreement”). The Original Agreement has been amended to include an updated delivery schedule that allows for rig delivery by June 23, 2025. Through such amendment, the Company aims to accelerate its rig deployment timeline and offset a portion of expected tariffs. The Company also received a 10% reduction in cost in exchange for the Company’s early payment of the remaining balance outstanding under the Original Agreement. The amendment also provides the Company with additional incremental value from BTC-linked call options.

    Concurrently with the offering of the notes, Morgan Stanley, acting on behalf of itself and/or its affiliates (in such capacity, the “delta offering underwriter”), intends to offer, in a separate, underwritten offering, 17,540,000 shares of Cipher’s common stock borrowed from third parties (the “concurrent delta offering”), to facilitate hedging transactions (whether physical and/or through derivatives) by some of the purchasers of the notes. The delta offering underwriter will initially offer the shares of Cipher’s common stock to the public at a price of $3.42 per share and subsequently offer the shares of Cipher’s common stock for sale in one or more transactions on The Nasdaq Global Select Market, in the over-the-counter market, through negotiated transactions or otherwise, at market prices prevailing at the time of sale. The concurrent delta offering is scheduled to settle on May 22, 2025, subject to customary closing conditions. The completion of the offering of the notes is contingent on the completion of the concurrent delta offering, and the completion of the concurrent delta offering is contingent on the completion of the offering of the notes.

    The offering of the notes and the concurrent delta offering are being made pursuant to an effective shelf registration statement on file with the Securities and Exchange Commission (the “SEC”). Each of the offering of the notes and the concurrent delta offering is being made only by means of a prospectus supplement and an accompanying prospectus. Before you invest, you should read the respective prospectus supplements and the accompanying prospectus and other documents that the Company has filed with the SEC for more complete information about the Company and the offering. You may find these documents on the SEC’s website at www.sec.gov. Alternatively, copies of these documents can be obtained by contacting: Morgan Stanley, 180 Varick Street, 2nd Floor, New York, New York 10014, Attention: Prospectus Department.

    This press release does not constitute an offer to sell, or the solicitation of an offer to buy, any securities referred to in this press release, nor will there be any sale of any such securities in any state or other jurisdiction in which such offer, sale or solicitation would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.

    J. Wood Capital Advisors LLC acted as financial advisor to the Company.

    About Cipher

    Cipher is focused on the development and operation of industrial-scale data centers for bitcoin mining and HPC hosting. Cipher aims to be a market leader in innovation, including in bitcoin mining growth, data center construction and as a hosting partner to the world’s largest HPC companies. To learn more about Cipher, please visit https://www.ciphermining.com/.

    Forward Looking Statements

    This press release contains certain forward-looking statements within the meaning of the federal securities laws of the United States. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Any statements made in this press release that are not statements of historical fact, such as, statements about the completion of the notes offering and the concurrent delta offering, the use of proceeds from the notes offering, the effect of the hedging activities related to the notes offering on the market price of our shares of common stock, our beliefs and expectations regarding our future results of operations and financial position, planned business model and strategy, our bitcoin mining and HPC data center development, timing and likelihood of success, capacity, functionality and timing of operation of data centers, expectations regarding the operations of data centers, potential strategic initiatives, such as joint ventures and partnerships, and management plans and objectives, are forward-looking statements and should be evaluated as such. These forward-looking statements generally are identified by the words “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “seeks,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “strategy,” “future,” “forecasts,” “opportunity,” “predicts,” “potential,” “would,” “will likely result,” “continue,” and similar expressions (including the negative versions of such words or expressions).

    These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Cipher and our management, are inherently uncertain. Such forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied by such forward looking statements. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: volatility in the price of Cipher’s securities due to a variety of factors, including changes in the competitive and regulated industry in which Cipher operates, Cipher’s evolving business model and strategy and efforts we may make to modify aspects of our business model or engage in various strategic initiatives, variations in performance across competitors, changes in laws and regulations affecting Cipher’s business, and the ability to implement business plans, forecasts, and other expectations and to identify and realize additional opportunities. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of our Annual Report on Form 10-K for the fiscal year ended December 31, 2024 filed with the SEC on February 25, 2025, and in Cipher’s subsequent filings with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Cipher assumes no obligation and, except as required by law, does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

    Contacts:
    Investor Contact:
    Courtney Knight
    Head of Investor Relations at Cipher Mining
    courtney.knight@ciphermining.com

    Media Contact:
    Ryan Dicovitsky / Kendal Till
    Dukas Linden Public Relations
    CipherMining@DLPR.com

    The MIL Network

  • MIL-OSI USA: Ernst Applauds Trump Administration for Putting Iowans First

    US Senate News:

    Source: United States Senator Joni Ernst (R-IA)

    WASHINGTON – During a U.S. Senate Committee on Homeland Security and Governmental Affairs hearing, Senator Joni Ernst (R-Iowa) thanked Department of Homeland Security Secretary Kristi Noem for answering her calls to action to deliver justice for Iowan Sarah Root and secure the integrity of Iowa’s elections.

    Watch Senator Ernst’s full remarks here.
    Ernst contrasted how, after the Biden administration’s inaction, it took the Trump administration just weeks to locate Iowan Sarah Root’s killer in Honduras and extradite him to America. His arrest and extradition came after Ernst fought for nearly a decade to deliver justice for the Root family after Sarah’s killer was released on bail and fled the country.
    Noem thanked Senator Ernst for telling Sarah’s story and noted that this was the first case where Honduras extradited someone for a homicide, which set a precedent and established an important relationship. “Telling her story doesn’t fall on deaf ears with this administration,” Noem said.
    After investigating nearly 2,000 registered Iowa “voters” designated as non-citizens, Ernst commended Noem for her work to ensure illegal immigrants are not able to vote in our elections.
    Background:
    For nine years since the tragedy, Senator Ernst worked tirelessly to pass Sarah’s Law to bring closure to the Root family and ensure this never happens again. This year, she shepherded the legislation through the Senate and the House, and President Trump made this legislation the law of the land.

    MIL OSI USA News

  • MIL-OSI Russia: Between Paris and Moscow: Double Portrait in the Interior of the Era

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    Exhibition of artists Alexandra Koltsova-Bychkova and Sergey Koltsov “Between Paris and Moscow”— is a cinematic walk. Its geometry is built like a city: wide squares are given over to monumental canvases, and narrow alleys lead to chamber works, sculptures, personal items and photographs. The laconic color scheme: his — deep green and hers — delicate lilac — emphasizes the dialogue of two creative universes. The exhibition is open at the Museum of Moscow until August 24.

    Double Portrait of (Not) Forgotten Artists

    “This exhibition was created following the previous project, ‘Muscovite. Women of the Soviet Capital in the 1920s and 1930s,’ which took place exactly a year ago,” says curator Ksenia Guseva. “One of the heroines was Alexandra Koltsova-Bychkova. Visitors asked questions: ‘Who is she? Why did no one know about her? How did she end up in Paris?’”

    This is how the idea of a personal exhibition was born, which turned into a double portrait – of Alexandra and her husband, sculptor Sergei Koltsov.

    These two artists did not shout about themselves, did not join groups, were not the “main” artists of the era, but perhaps they reflected it most accurately – not in manifestos, but in details and halftones.

    Two retrospectives in one space

    The exhibition has a geography and a clear storyline. The cities act as co-authors. “The story of a married couple is connected with two cities,” explains Anna Trapkova, General Director of the Museum of Moscow. The exhibition begins with revolutionary Moscow, and at its culmination takes the viewer to seething Paris. “This is a combination of a person’s biography, the life of the city and a creative path,” adds Anna Trapkova.

    The exhibition unfolds like a literary script for a good film, divided into four chapters.

    “Obretenie” – Moscow, 1910s, Stroganov School. He is a budding sculptor, in love with the Renaissance, she is a little older – a master of embroidery, unlike her avant-garde peers in red scarves and overalls, feminine and graceful.

    “Paris” is a business trip in the late 1920s, where they discovered the freedom of European modernism and understood that an artist can create for himself and about himself.

    “Outside the Current” – return to the USSR. Koltsov’s recognition – successes in monumental creativity. Koltsova-Bychkova’s rejection of art for the masses.

    “Solitude” – Koltsov leaves life. Creativity became a way to transform loneliness into solitude and contemplation.

    Each of the four sections has its half and its half. And, like in a good movie, there is a plot, a climax, a denouement. There is a general line – the artists’ biographies, their main works. There are details – documents, even Alexandra’s student card from Stroganovka, personal photos: chamber, intimate cards – she in a cambric shirt on a balcony on vacation in Crimea… A beautiful woman who loved to be photographed. She loved to paint her self-portraits and loved it when her husband painted her. She was a muse for him and for herself.

    The exhibition’s graphic design also works to tell the story of two artists who reflected each other in their work. “The inverted titles live in an interesting way – this is a hint at mirrors. You can notice in the writing of the chapters that the capital letters are of an atypical design,” notes graphic designer Rustam Gabbasov, who said that he was inspired by the variety of fonts on Koltsova-Bychkova’s Parisian business card.

    Sergei Koltsov: from Stroganov’s student to sculptor

    The son of a skilled cabinetmaker, Koltsov entered the Stroganov School at the age of 15. During his student years, he created plaster bas-reliefs in the spirit of the Renaissance, a bronze St. George the Victorious, a wooden pagan Bacchus, and showed that he was not afraid of experiments and masterfully worked with different materials.

    The curator points to the only surviving sculpture from the 1920s — a sketch for a monument to Mikhail Frunze. If you remove the Budyonovka, we will see a work that refers to the masters of the Renaissance. “He masterfully juggled various historical styles. Each of his monuments, created in the context of socialism, has a similar source of inspiration,” Ksenia Guseva emphasizes.

    Alexandra Bychkova: Muse, Embroiderer, Artist

    Bychkova came to Stroganov as an experienced craftswoman: she was much better at embroidery than her fellow students. Her diploma work, a panel with three melancholic muses in a flower garden, is a reference to either the Pre-Raphaelites or Borisov-Musatov. In the 1920s, she worked as a costume designer at the theater and headed the embroidery workshop. Among the key exhibits were the elegant hats that Bychkova decorated. Her signature style and color scheme were discernible in them. The hats were brought in worn out, and Alexandra gave them a second life and turned them into art objects rather than wardrobe details. After Stroganov, she entered VKHUTEMAS, but chose the painting department, which determined the direction of her work.

    Unity and independence

    In 1924 they got married, and the exhibition features a touching exhibit – a surviving marriage certificate. She took a double surname – Koltsova-Bychkova, emphasizing their unity and her independence.

    “It’s surprising, but these are completely different artists, sometimes diametrically opposed,” notes Anna Trapkova, director of the Museum of Moscow. “But they are obviously in dialogue.”

    Their dialogue was especially dynamic in their portraits of each other. Koltsova-Bychkova often depicted her husband, drawing parallels, as modernists loved. For example, she paints him with a bandage after an operation, making a reference to Vincent van Gogh’s “Self-Portrait with a Cut-Off Ear and a Pipe.” Among Koltsov’s surviving paintings is a portrait of Alexandra: she stands with a brush and palette, immersed in her work.

    Of interest is Koltsova-Bychkova’s still life with a sculpture of her husband, “Portrait of a Wife,” which the Moscow Museum acquired at auction on the eve of the exhibition.

    “Koltsova-Bychkova depicts herself through the eyes of her husband in a sculptural embodiment. This piece is significant in terms of how their creative destinies intersected and what their love story was,” notes Anna Trapkova.

    Moscow – Paris – Moscow

    In the 1920s and early 1930s, long trips abroad for Soviet artists were not uncommon. Koltsov spent two years in Paris on the orders of the People’s Commissariat of Education, his wife stayed for four. He painted pictures of Parisian life – he shared the views of the French socialists. The largest work of that period is presented at the exhibition – “Parade of the Disabled in Paris”: together with the artist, we observe the annual meeting of veterans of the First World War – the atmosphere and color of the work are tense.

    Koltsova-Bychkova is in demand in Paris. She creates embroideries, prints for fabrics, textile panels. The panels are also at the exhibition – bright, contrasting and at the same time very harmonious.

    After Paris…

    When the couple returned from France, Moscow greeted them with a different city. The NEP was replaced by industrialization, the city was being built dynamically. Artists created frescoes, monumental sculptures, ceramic panels – art was supposed to become part of the architecture. Koltsov was looking for a balance between monumentality and chamber, personal art. And his wife completely immersed herself in painting, as she understood it, without looking back at trends.

    “In Paris, they realized that an artist might not owe anything,” notes curator Ksenia Guseva. “After her return, Alexandra withdrew from professional life, but immersed herself in painting.”

    A monumental artist without a monumental legacy

    Koltsov became a sought-after monumentalist: he supervised the creation and installation of sculptures on the roof of the Lenin Library, and participated in the post-war restoration of Moscow. Ironically, almost none of the monumental heritage was preserved or was not implemented. In the 21st century, during restoration, his sculptures were removed from the facade of the Bolshoi Theater – their subsequent fate is unknown. But the chamber works presented at the exhibition surprise with their diversity: the figure of an old fisherman, a female torso made of wood, a bronze sculpture “Motherhood”, paintings, sketches – the master was interested in different aspects of life, styles, materials.

    They loved living outside the city. For him, the dacha became an escape from endless orders, for her, a place of artistic discoveries. She paints a self-portrait in a dacha hat with a reference to Van Gogh, and draws colorful and complex still lifes with flowers that she grew herself.

    (Not) The Finale. Solitude…

    After her husband died of heart disease in 1951, Koltsova-Bychkova continued to paint the same subjects, but the colors became deeper: instead of fresh light green and pink, they were burgundy, violet, and dark crimson. She began the main late cycle with her husband, and finished it alone — views from the balcony of their apartment.

    “This tragic part is reflected in the exhibition: Koltsova-Bychkova remains alone, continues to live in the famous Pertsov House, sees how the Cathedral of Christ the Savior is being demolished, watches how the House on the Embankment grows. In a series of works, we see changes from the same point in different time periods, in different seasons,” says Anna Trapkova.

    This is a reference to Monet, to his views of the Rouen Cathedral. She devoted 30 years to this series of landscapes.

    Return…

    After her husband’s death, the artist devoted herself to preserving his legacy. She donated her works to museums, and in 1974, she organized her first solo exhibition, bringing back interest in the work of Sergei Koltsov. She painted until the end of her days and, according to her relatives, was a “tough nut to crack.” The archive was preserved by her niece Marina Medvedeva, and then by her children. The Koltsova-Bychkova family helped the creators of the exhibition and attended the opening. “These people were devoted to art their entire lives, and only amazingly talented people — my family — could write and create so much,” says Elena Krugova, Koltsova-Bychkova’s niece.

    Absolutely unlimited artists

    For most, Soviet art is Alexander Deineka, Vera Mukhina, Yuri Pimenov — the mastodons of that era. But there is another layer. “I am interested in looking at the Soviet history of art in a non-standard way. Our task is to discover forgotten names, to look at what was happening with art not from one point of view, but from different ones. These are absolutely unlimited artists,” sums up the exhibition curator Ksenia Guseva.

    The exhibition is an example of a multi-layered approach to revealing the artists’ work. The selection of works, the geometry of the space, and even the unusual fonts tell a long story of great love for art, two cities, and each other.

    Buy tickets for the exhibition “Between Paris and Moscow” you can on mos.ru.

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  • MIL-OSI Russia: Useful knowledge and contacts: the My Career center has prepared a program for the Russian Entrepreneurship Day

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    Specialized employment center “My career” has prepared a program dedicated to the Russian Entrepreneurship Day. It will be held on May 26 at 10:00 at the address: ulitsa Sergiya Radonezhskogo, dom 1, bldg. 1. Self-employed Muscovites and representatives of small businesses will be able to develop a strategy for promoting their services on the market, obtain systematized knowledge in the field of business development and make useful contacts.

    “The Moscow Employment Service not only helps residents find suitable work, but also provides comprehensive support in starting and developing their own business. This year, we again invite city residents to a unique event to develop skills for successful business management. Participants will enjoy an interactive format: a platform for presenting goods and services of the self-employed, speeches by experienced businessmen with real cases and an entrepreneurial quiz. This approach makes the training lively and engaging: visitors learn knowledge in a relaxed atmosphere, analyze mistakes and find unexpected solutions. The entire program is aimed at developing key competencies, promoting startups, and revealing the personal potential of aspiring businessmen,” said Roman Nikitin, First Deputy Director of the Moscow Employment Service and Head of the Professions of the Future Center.

    Thus, the participants will be treated to the event “Entrepreneurs’ Standup”. Experts will share their cases, and viewers will be able to adopt their experience, analyze their own projects and find new ideas for application in their field.

    In addition, a quiz will be held for guests – an exciting game during which you can test your business savvy and learn interesting facts from the history of entrepreneurship. The quiz will help you acquire teamwork skills and gain useful knowledge about developing your business.

    Muscovites will also be treated to business games and speed dating. Aspiring entrepreneurs will be able to exchange experiences and find business partners. A fair will open for guests, where self-employed people will present unique handicrafts.

    Participation is free, but prior registration is required. register.

    The number of self-employed in Moscow has exceeded 1.9 millionMore than 150 capital entrepreneurs had their security payments cancelled

    The Moscow City Employment Service is the largest state personnel operator that helps residents of the capital find work. Its structure includes employment offices. Many of them are located in the My Documents government service centers. The flagship centers are open at the following addresses: Kuusinen Street, Building 2, Block 1, and Shabolovka Street, Building 48. The specialized employment center My Career is located on Sergiya Radonezhskogo Street (Building 1, Bldg. 1).

    In the center “Professions of the Future” on Shchepkina Street (38 Building 1) you can master one of 75 in-demand professions in various sectors of the economy in a maximum of three and a half months. Career mentors will help you find a job after completing your training. The center’s partners include more than three thousand employers. In addition, a comprehensive career guidance program is implemented here for ninth-grade students.

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  • MIL-OSI Russia: More than 21 thousand applications were submitted to the Children’s Art School for pre-professional programs

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    In children’s art schools (DSHI) subordinate to the capital’s Department of Culture, the application period for entrance examinations for pre-professional programs has ended. Art schools have received more than 21 thousand applications.

    “This year we have increased the number of vacancies in pre-professional programs due to high demand before the start of the admissions campaign. The demand was also confirmed by the results of the application process – almost 20 percent more applications were submitted than last year. Thanks to the increase in vacancies, the competition has decreased – from four to three people per place. This will allow even more young Muscovites to realize their talents in our art schools,” said the Minister of the Moscow Government, head of the capital’s Department of Culture

    Alexey Fursin.

    The application period for pre-professional programs ended on May 15. Individual selection based on creative abilities is currently ongoing. The admissions committee will evaluate the child’s data.

    Since May 16, applications for general development programs have been accepted and will continue until July 1. A special call center has been opened to help parents understand issues related to application deadlines, the procedure for submitting applications, and entrance examinations. Muscovites can get advice until July 1 from Monday to Friday from 08:00 to 20:00 by phone: 7 800 707-39-47.

    The most popular schools and directions

    Based on the results of the collection of applications, the most popular areas were piano (more than six thousand applications), painting (more than four thousand), guitar (about 2.4 thousand), choral singing (about two thousand) and violin (more than 1.1 thousand).

    The most popular children’s art schools include M.A. Balakirev School, I.F. Stravinsky School, No. 11, I.O. Dunaevsky Moscow City Children’s Music School, and the Moscow City Children’s Art School. The programs are open in a wide range of areas of education in the field of music, theater, choreography, and art.

    An art school is a full-fledged educational institution that a child attends after completing classes at a general education institution. Pre-professional programs last on average from five to eight years, with classes lasting up to 14 hours a week. Independent work at home is also expected.

    Pre-professional programs in the arts are the modern level of basic classical Russian creative education. They allow identifying and training future students of creative colleges and universities. Graduates are in demand in the professional environment, play in orchestras, dance at the best venues in the city, and also become laureates of international competitions.

    When studying in pre-professional programs, mandatory midterm and final assessments are provided. They allow monitoring and assessing the level of mastery of the subject, the skills and abilities formed in the student at a certain stage, as well as the quality of theoretical and practical training and implementation of the educational process. In addition, important components of training are concert work and participation in competitions and festivals. This allows you to develop public speaking skills, helps in the development of leadership qualities and in the formation of the personality as a whole.

    Study to Inspire: College and Art School Graduates Talk About Their First Successes in the ProfessionThe Magical World of Creativity: How the M.I. Glinka Children’s Art School Works

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  • MIL-OSI Russia: Walking trails have been updated and viewing balconies have been created in Moskvoretsky Park

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    In the Moskvoretsky natural and historical park, on the section of the Moskva River embankment from the Moscow Ring Road to the Stroginsky Bridge, walking paths have been updated and viewing balconies have been made. This was reported by the Moscow City Services Complex. The work was carried out as part of the improvement and rehabilitation of the park territory. The sites were equipped with canopies where you can take shelter from precipitation and enjoy views of the river in any weather.

    Before the work began on the embankment of the Moscow River, there were already small sections with walking paths along the shore of the large peninsula in some places. But the decking eventually became unusable, the surfaces were damaged, the handrails were crooked, and in some places they were completely absent. In addition, there were no ramps for visitors with limited mobility.

    Now new decks have been installed here on a pile foundation. Viewing balconies have been built into them, and separate viewing platforms have been set up.

    The walking trails are located in scenic areas, in areas with complex terrain and in waterlogged areas. The total length of the decks is approximately 300 meters. Their main task is to protect the soil and vegetation from trampling and damage. At the same time, the decks mark the route and are convenient to move along.

    During the landscaping work, screw supports were installed without the use of heavy, large-sized equipment. This allowed the soil not to be sealed and the damage to the natural environment to be minimized, migration routes for animals to be preserved, and the nature of this place to be preserved as much as possible.

    All entrances to the new decks are at the same level as the adjacent paths, making them convenient for park visitors with limited mobility to move around. In addition, fences have been installed to ensure safe movement.

    There are three viewing platforms on the decks in the form of rectangular balconies measuring four by 6.5 meters, and another balcony is installed separately. They are equipped with benches and urns, as well as polycarbonate awnings so that visitors can shelter from precipitation. Here you can watch animals and birds, take beautiful photos, relax after a walk, or simply enjoy the peace and quiet.

    There are now also two round observation platforms with a diameter of 16 meters on the coastline near the water. They are equipped with urns and sun loungers for sunbathing or contemplating the water surface of the river. Four more observation platforms in the form of balconies appeared on the bank of the Maly Stroginsky backwater.

    The viewing balconies and platforms blend harmoniously into the natural environment and are a good example of a modern approach to organizing recreation in park areas.

    Part of Moskvoretsky Park has been put in order

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  • MIL-OSI Australia: Nhill welcomes new light tanker and field command vehicle

    Source:

    Nhill Fire Brigade has officially received the keys to their new light tanker and field command vehicle, celebrating the additions to the engine bay alongside fellow members.

    Nhill Captain Robert Schneider who has been involved with the brigade for 18 years, said it’s a real privilege to receive two vital appliances to our fleet.   

    “These vehicles are more than just an upgrade, they are a direct investment in the safety and resilience of our community,” Robert said.  

    The light tanker is a low-profile and lightweight firefighting vehicle, equipped with up-to-date safety features and a generous water carrying capacity of 2000 litres.  

    “We often get called out to spots where the terrain is rugged, areas are narrow, and access is tricky,” Robert said.   

    “The new light tanker will help us move safely and comfortably across the challenging landscapes we are often called to, in a timely manner.”  

    “The stability and reliable handling of the tanker also improves our response to incidents.” 

    The replacement Field Command Vehicle (FCV) is a four-wheel-drive, off road vehicle built for effective operation in bush environments.  

    “It’s a massive upgrade to our fleet. It’s purpose-built, reliable and suited to support us in the tough conditions we work in,” Robert said.  

    “It gives us the ability to direct our fire trucks to get right where we need to be.” 

    “This will support us in doing what matters most, which is serving our community in critical moments.”  

    District 17 Assistant Chief Fire Officer Chris Eagle congratulated the brigade on their new additions.   

    “With Nhill’s dense trees and challenging terrain, the features of both vehicles will assist with greater and efficient incident response,” Chris said.  

    “Both vehicles will be valuable assets for incident response and in keeping our members and community safe for years to come.”  

    The new light tanker and field command vehicle were made possible through the Victorian Government’s Volunteer Emergency Services Equipment Program (VESEP) and significant contributions from the community.  

    Submitted by CFA Media

    MIL OSI News

  • MIL-OSI China: Google’s Gemini has 400M monthly active users

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

    Google’s Gemini AI app now has more than 400 million monthly active users, the company’s CEO Sundar Pichai said Tuesday during a press briefing ahead of Google I/O 2025.

    Pichai said that Google’s AI overviews now reach more than 1.5 billion users every month. The company also announced during Google I/O 2025 that it’s putting AI mode in front of more users, as Google tries to update Search with more conversational experiences powered by generative AI.

    The Gemini app is Google’s most direct challenge to compete with OpenAI in the chatbot era. According to Google’s recent court filings for its ongoing antitrust suit, the company estimated in March that Gemini had 350 million monthly active users, whereas ChatGPT had around 600 million. 

    MIL OSI China News

  • MIL-OSI China: China’s pizza market to exceed 100B yuan within 5 years: report

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

    Visitors taste pizza at the booth of Italy at 2025 Chengdu Europe Culture Season & European Culture Street in Chengdu, southwest China’s Sichuan Province, April 12, 2025. [Photo/Xinhua]

    China’s pizza market is projected to surpass 100 billion yuan (about 13.9 billion U.S. dollars) over the next five years, driven by rapid growth in lower-tier cities and rising demand for delivery and ready-to-eat products, according to an industry report.

    The market is forecasted to grow from 48 billion yuan in 2024 to 60.8 billion yuan in 2025, said the report released at the ongoing SIAL Shanghai, an international food exhibition. China had more than 60,000 pizza outlets nationwide by the end of March.

    Between 2016 and 2022, pizza chains in China’s third-tier cities and below grew at a compound annual growth rate of 10 percent, outpacing 7.6 percent growth in first-tier cities. An estimated 15,000 new stores are expected to open in lower-tier markets between 2025 and 2027.

    China’s online pizza market share surpassed in-store sales for the first time in 2022, reaching 58.1 percent. The proportion is expected to continue rising in the coming years, according to the report.

    Pizza entered the Chinese mainland in 1990 with the launch of the first foreign-invested restaurant. Initially considered a premium Western offering confined to top-tier cities, the food item has gained traction over the past decades.

    Analysts attribute the market expansion to increased food delivery adoption, rising consumer spending in smaller cities, and growing demand for personalized, healthier pizza options tailored to local tastes.

    The report noted that despite this momentum, China’s pizza store density remains low compared with other countries. As of 2022, China had 11.7 pizza outlets per million people, compared with 232.4 in the United States and roughly one-third the density of Japan and the Republic of Korea, suggesting ample room for further expansion.

    According to industry experts, the evolution of China’s pizza market reflects both the openness of its consumer market and long-term growth potential.

    SIAL Shanghai, an international food and beverage trade show co-hosted by multiple organizations including France’s Comexposium Group and the China General Chamber of Commerce, spans 200,000 square meters and features more than 5,000 exhibitors from 75 countries and regions.

    The event runs from May 19 to 21 in the eastern Chinese metropolis. 

    MIL OSI China News

  • MIL-OSI Russia: How a farmer – participant of the fair in Mitino helps SVO fighters

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    Participants of Moscow fairs continue to help fighters of the special military operation (SVO). Among those who are not indifferent is farmer Anatoly, who brings honey and other bee products from his nomadic family apiary to the fair in Mitino.

    Even as a child, from the age of 10, he always helped his elders in the family business. Anatoly is a representative of the fourth generation of beekeepers in the family from the Semenovka farm in the Rostov region. When a special military operation began and his fellow villagers went to the front line, he had only one question: how to support them. The man believes that you just need to help others, and there is no need to talk about it.

    “We regularly donate our honey and, together with other villagers, chip in money when needed. They use it to buy construction materials for trenches and household items that the soldiers need. My father’s friends take care of organizational issues, and our family simply tries to always respond when help is needed,” the farmer shared.

    The capital’s fairs feature products from more than 40 regions of Russia. Each supplier guarantees the quality and freshness of the goods, and specialists Veterinary Committee of the City of Moscow check the products before sending them to the shelves.

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