Category: CTF

  • MIL-OSI USA: United States and Saudi Arabia Strengthen Alliance with Energy & Critical Mineral Deals

    Source: US Department of Energy

    RIYADH, SAUDI ARABIA — U.S. Secretary of Energy Chris Wright today signed a Memorandum of Understanding (MOU) on energy cooperation and a Memorandum of Cooperation (MOC) on critical minerals with the Kingdom of Saudi Arabia’s Minister of Energy H.R.H. Prince Abdulaziz bin Salman Al Saud and H.E. Minister of Industry and Mineral Resources Bandar Alkhorayef, respectively. Secretary Wright signed the documents as a member of the United States delegation led by President Donald J. Trump. The intention to sign the MOU was announced during Secretary Wright’s trip to Saudi Arabia in April of this year. The signings coincided with President Trump’s announcement that he secured a $600 billion investment commitment from Saudi Arabia.

    “President Trump and I are excited to unveil two historic deals between the United States and the Kingdom of Saudi Arabia, advancing our shared vision of global energy addition by better developing our energy resources, growing our energy infrastructure, enhancing our research relationships, and more,” Secretary Wright said“These deals on energy and critical minerals as well as the historic investment commitments made earlier today, forge powerful partnerships that will ensure President Trump’s vision of prosperity at home and peace abroad is fully realized.”

    “I’d like to express my sincere thank you to H.R.H. Prince Abdulaziz bin Salman and H.E. Bandar Alkhorayef for weeks of productive dialogue that have made this significant milestone possible. Together, we’re building a future of affordable, reliable, and secure energy for the United States, the Kingdom of Saudi Arabia, and our allies around the world.”

    Background:

    The MOU for energy cooperation, signed by Secretary Wright and Saudi Arabia’s Minister of Energy, H.R.H. Prince Abdulaziz bin Salman Al Saud, explores the potential for innovation, development, deployment of energy infrastructure in the two countries, and providing access to clean cooking solutions in developing countries. The MOU also highlights the intent to collaborate in various fields including petroleum refining and refined products trading, electricity generation technologies and energy storage systems, and artificial intelligence projects to accelerate deployment of energy-driven innovations.

    The two sides also outlined areas for cooperation on civil nuclear energy, including safety, security, and nonproliferation programs; vocational training and workforce development; U.S. Generation III+ advanced large reactor technologies and small modular reactors; uranium exploration, mining, and milling; and safe and secure nuclear waste disposal. 

    The United States and Saudi Arabia also signed a MOC creating a framework for cooperation to strengthen and secure supply chains for critical minerals mining and processing. The two intend to explore joint ventures and investment opportunities, including in refining and processing facilities, and in workforce and research institutions that will ensure continued innovation related to mineral exploration, extraction, and processing. This MOC was signed by Secretary Wright and H.E. Minister of Industry and Mineral Resources, Bandar Alkhorayef.

    MIL OSI USA News

  • MIL-OSI United Kingdom: ‘Best horse in the world’ does double at Badminton

    Source: Anglia Ruskin University

    Writtle-bred Lordships Graffalo becomes just the fifth horse ever to win twice

    Superstar horse Lordships Graffalo, who was bred at ARU Writtle, has won the prestigious Badminton Horse Trials for the second time.
     
    Ridden by Ros Canter, the horse affectionately known as Walter followed up his 2023 victory on the challenging course by sealing victory on the final day of the weekend’s competition in Gloucestershire.
     
    Later, an emotional Canter called Lordships Graffalo “the best event horse in the world”. The 13-year-old Lordships Graffalo becomes only the fifth horse to have won twice at Badminton, and the weekend’s triumph follows up victory at the Burghley Horse Trials in September. 
     
    The bay gelding has also won a European title and an Olympic Gold medal during his glittering career.
     
    ARU Writtle, on Lordship Road, is one of the UK’s leading centres for equine education and performance, housing around 70 horses on campus.  
     
    As well as offering courses at college, undergraduate and postgraduate level, ARU Writtle has a number of indoor and outdoor riding arenas, livery facilities for students’ horses, and an Equine Academy for talented riders.

    “Lordships Graffalo is a remarkable horse and he will always enjoy a lot of support from us at ARU Writtle. Winning twice at Badminton is an incredible achievement and he and the superb Ros join an extremely elite club. Their record is simply incredible, Ros has produced him so beautifully.
     
    “We continue to follow Lordships Graffalo’s career with great pride following the small part ARU Writtle has played in his life. Credit must go to Pennie Wallace, our co-breeder and to Caroline Moore, who was Ros’ trainer who sadly died earlier this spring.”

    Caroline Flanagan, Head of the School of Agriculture, Animal and Environmental Sciences at ARU Writtle

    MIL OSI United Kingdom

  • MIL-OSI USA: California’s groundbreaking water initiative in Tombstone helps residents access safer and cleaner drinking water

    Source: US State of California 2

    May 13, 2025

    What you need to know: The consolidation of the Tombstone water system location in California’s Central Valley will benefit residents who rely on domestic wells. Since Governor Newsom took office, the number of Californians who don’t have access to clean drinking water has been cut by nearly half.

    SANGER – Governor Gavin Newsom today announced the groundbreaking of a fully state-funded $5 million consolidation project in the City of Sanger that will secure safe drinking water for residents who currently rely on private wells. The groundbreaking was attended by the State Water Resources Control Board, the California Environmental Protection Agency, the City of Sanger, drinking water advocates, and residents of the Tombstone Territory.  

    “All Californians deserve access to clean drinking water – a priority since day one of my administration. Today’s event in Tombstone brings us full circle, because it was in this community I signed legislation to get safe drinking water into the home of every Californian. Thanks to major state investments, infrastructure projects like this are connecting communities, delivering safe drinking water, and creating a brighter future in rural towns and cities.”

    Governor Gavin Newsom

    Tombstone, an unincorporated and severely disadvantaged community about two miles south of Sanger in Fresno County, is where Gov. Gavin Newsom signed SB 200 in 2019, establishing the Safe and Affordable Drinking Water Fund. The fund provides $130 million annually, through 2030, to address drinking water needs, especially in underserved communities. Since Governor Newsom took office, the number of Californians who don’t have access to clean drinking water has been cut by more than half. 

    The State Water Board launched the Safe and Affordable Funding for Equity and Resilience (SAFER) drinking water program in 2019 to advance California’s Human Right to Water. Since 2019, over 250 failing water systems across the state have returned to compliance with drinking water standards, reducing the number of people without access to safe drinking water by nearly half. 

    “Ninety-eight percent of Californians have reliable access to safe drinking water in their homes, but for too many communities across the state, especially in rural areas, this is not the reality,” said California Secretary for Environmental Protection Yana Garcia. “Helping communities like Tombstone bring about enduring, sustainable drinking water solutions is a top priority for the state. But we can’t do these projects alone or with the snap of our fingers. It’s a long game that takes collective commitment from every player involved, including water systems, community members, property owners and technical assistance providers.”

    When the project is completed later this year, Tombstone residents will receive their water through an extension of services from the City of Sanger to their homes.

    The project was coordinated through the SAFER program and received $4 million from Proposition 68 and $1 million from the state’s General Fund. 

    “Although over 140 consolidations benefiting 300,000 people have been completed since the SAFER program began, we still learn a lot from each one we do. The Tombstone project taught us important lessons about right-of-way and the need to continually adapt to the unique needs of each community,” said State Water Board Chair E. Joaquin Esquivel. “Consolidations with domestic well communities are among the most difficult drinking water projects we finance and support, but time and again, what we find is that it is the goodwill of water systems and community members themselves that resolves problems and brings projects over the finish line.” 

    The City of Sanger played a critical role throughout the consolidation planning and design process, embracing the opportunity to extend its services to Tombstone from the beginning. The city applied for and received grant funding, waived surcharges typically levied on customers outside their service area, and helped adapt the project design to avoid right-of-way problems posed by private property lines. 

     “The Tombstone Project was a collaborative effort of multiple agencies, and I am proud of the work my team contributed,” said Sanger City Manager Nathan Olson. “It was easy to recognize the need, so we felt ensuring our neighbors had reliable access to safe drinking water was the only choice. I am so pleased to see all the planning and hard work come to fruition, making the project a success and improving the lives of our communities for generations to come.”

     “We are thrilled to have reached this tremendous milestone in Tombstone,” said Nataly Escobedo Garcia, Ph.D., policy manager for Water and Climate Programs at Leadership Counsel for Justice & Accountability. “Thanks to advocacy from residents, the support of the City of Sanger, and the SAFER program, Tombstone and dozens of other communities are now closer to having access to safe, clean, affordable, and accessible water.” 

    Strengthening communities for a safer and brighter California

    Building water infrastructure is a key part of the Governor’s build more, faster agenda delivering infrastructure upgrades and thousands of jobs across the state.

    Press releases, Recent news

    Recent news

    News What you need to know: Governor Newsom will take action tomorrow to lower drug prices, increase transparency for PBMs, and expand authority for the state to acquire medication abortion. Sacramento, California – As part of the 2025-26 May Revision, Governor Gavin…

    News What you need to know: California today filed a request for a preliminary injunction to immediately stop President Trump’s unlawful tariffs while the state’s lawsuit proceeds. Tariffs are not only expected to impact trade, but the upcoming state revenues and…

    News What you need to know: Sacramento’s Monarch housing project is the latest affordable housing site brought to fruition under Governor Newsom’s executive order to develop excess and underutilized state lands into affordable new homes. SACRAMENTO — Governor Gavin…

    MIL OSI USA News

  • MIL-OSI Security: 17 providers of criminal banking services arrested

    Source: Europol

    The 17 individuals arrested are mostly of Chinese and Syrian nationality and are suspected of providing primarily money laundering services to criminals. This encompasses parallel banking services, illegal hawala banking, cash collection, cash courier services and the exchange of cryptocurrencies for cash. The money launderers were operational in at least two branches: one that catered largely to the Arabic-speaking criminal…

    MIL Security OSI

  • MIL-OSI Economics: Thales awarded ATC modernization contract in Brazil by CISCEA and installs new radar station at Presidente Prudente airport, reinforcing Brazilian airspace safety and security

    Source: Thales Group

    Headline: Thales awarded ATC modernization contract in Brazil by CISCEA and installs new radar station at Presidente Prudente airport, reinforcing Brazilian airspace safety and security

    • The Commission for the Implementation of the Brazilian Airspace Control System (CISCEA), an entity of the Brazilian Air Force Airspace Control Department (DECEA), awards a modernization contract for 9 Primary and Secondary Surveillance Radars to Omnisys, a Thales company.
    • The recent deployment of a co-mounted Primary TRAC NG and Secondary RSM NG radar, at Presidente Prudente airport (São Paulo), marks the 133rd milestone of installed Thales ATC (Air Traffic Control) radars in Brazil, contributing to more than 80% of the country’s airspace security and safety.
    • Renowned for outstanding reliability, unmatched performance and the latest in digital innovations, Thales Primary and Secondary radars, play a vital role in air surveillance, maintaining constant awareness of aircraft position at all times.
    Co-mounted Primary TRAC NG and Secondary RSM NG radar installed at Presidente Prudente airport Copyright Omnisys, a Thales company” id=”image-4ce97681-063e-4b93-9446-2298ef4b4412″ data-id=”4ce97681-063e-4b93-9446-2298ef4b4412″ data-original=”https://cdn.uc.assets.prezly.com/4ce97681-063e-4b93-9446-2298ef4b4412/-/inline/no/345.jpg” data-mfp-src=”https://cdn.uc.assets.prezly.com/4ce97681-063e-4b93-9446-2298ef4b4412/-/format/auto/” alt=”Co-mounted Primary TRAC NG and Secondary RSM NG radar installed at Presidente Prudente airport Copyright Omnisys, a Thales company”/>
    Co-mounted Primary TRAC NG and Secondary RSM NG radar installed at Presidente Prudente airport Copyright Omnisys, a Thales company

    Thales announces the signature of a modernization contract for nine air traffic control radar systems awarded to Omnisys, a Thales company in Brazil and Strategic Defence Company (EED), as well as the delivery of a new radar station at Presidente Prudente (São Paulo State) which represents the milestone of 133 Thales air traffic control radars operating within Brazilian airspace.

    The modernization of these nine radars includes upgrades with advanced technology capable of 3D detection of both low- and high-speed targets. It also features integration between Mode S1 and the ADS-B system, enabling greater precision in identifying cooperative and non-cooperative aircrafts. The update includes electronic protection features to ensure effective operation, even in the presence of electromagnetic interference, guaranteeing continuous and reliable surveillance.

    Certified by the Brazilian Ministry of Defence, as a Strategic Defence Product (PED) and manufactured at Omnisys headquarters near São Paulo, the new co-mounted Primary TRAC NG and Secondary RSM NG Surveillance Radar is installed at Presidente Prudente airport (São Paulo), and provisioned for future IFF (Identification, Friend or Foe) implementation. The launch of this radar station is part of the broader strategy to keep Brazilian skies increasingly secure.

    The radar station will expand air traffic surveillance capabilities, significantly improving safety and operational efficiency at Presidente Prudente Airport — the third busiest airport in the interior of the state of São Paulo.

    “This initiative represents a strategic step in renewing Brazil’s radar network, ensuring greater operational reliability and alignment with current air traffic control demands,” says Air Lieutenant Brigadier Maurício Augusto Silveira de Medeiros, General Director of DECEA. “DECEA is proud of the significant operational advancements and efficiency level achieved at the Brazilian airspace control system, recognized as a worldwide reference. Thales, thanks to its cutting-edge solutions and commitment to localization, is a major partner of the Brazilian Air Force. We highly value this partnership and look forward to continued collaboration to further enhance our capabilities.”

    “With 133 radars for Air Traffic Control and Management produced and delivered in Brazil, Thales confirms its commitment to deliver the best in technology, contributing to the security of Brazilian airspace. Local production not only reinforces, but also highlights our dedication to innovate in order to meet the specific needs of our customers. The modernization contract is key to maintaining the installed base of radars at the highest level of technology, as well as ensuring high operational reliability. We are committed to developing technology that addresses both current and future challenges of national airspace and security”, adds Eric HUBER, Vice President Surface Radars, Thales.

    1a secondary surveillance and communication standard which supports Air Traffic Control (ATC)

    MIL OSI Economics

  • MIL-OSI Economics: Climate stress test for the German banking sector: Impact of the green transition on corporate loan portfolios | Discussion paper 11/2025: Christian Gross, Laura-Chloé Kuntz, Simon Niederauer, Lena Strobel, Joachim Zwanzger

    Source: Bundesbank

    Non-technical summary

    Research question

    Climate risks are a priority issue for many central banks and supervisory authorities due to the potentially detrimental effects of climate risks on banks’ stability. However, measuring climate risks is fraught with challenges, because nature and magnitude of the shock transmission are plagued with uncertainty. Moreover, data limitations are widespread, further complicating measurement. This paper proposes a novel stress testing framework to quantify climate-related transition risks for the German banking sector. Our stress test allows the identification of vulnerabilities stemming from transition risks for both individual banks and the banking system as a whole.

    Contribution

    This paper contributes to the literature by proposing a novel climate risk stress test framework, which allows to quantify climate transition risks for a large sample of German banks. We capture model uncertainty in a unique way by applying two standalone models (a micro and a macro model) for translating stress scenarios into credit risk parameters. Reporting ranges of estimates provides a quantitative indication of uncertainty in relation to the green transition. Another key strength of our framework is the granular modelling of default probabilities (PDs). While traditional stress testing models typically produce country- and/or portfolio-level estimates of scenario-dependent PDs, we can flexibly estimate them at firm- or sector-level. Through our targeted, multi-layered analytical framework, we thus address the heterogeneity of climate risks across economic sectors and firms.

    Results

    For a scenario that envisages an orderly transition to net zero emissions by 2050, our results show an average increase of up to 40 % in PDs for non-financial corporations after three years. In an alternative scenario assuming an abrupt increase in the carbon price to Euro 200, PDs rise to a similar extent. Our results indicate a great deal of heterogeneity between firms from different economic sectors: PDs increase more strongly in the agriculture, utilities and transport sectors, for example, and the impact on credit risk also differs between firms in the same economic sector. Whilst significantly stronger increases in PDs emerge for emissions-intensive firms, credit risk is not as high for firms with low emissions. Furthermore, we uncover heterogeneity in credit risk effects across banks as a result of bank-specific differences in the composition of loan portfolios.

    MIL OSI Economics

  • MIL-OSI Economics: Survey of market expectations 5-7 May 2025

    Source: Central Bank of Iceland

    The Central Bank of Iceland conducted a survey of market agents’ expectations over the period from 5 through 7 May 2025. A total of 39 agents in the bond market, including banks, pension funds, mutual and investment funds, securities brokers, licensed asset management firms, and insurance firms were invited to participate. Responses were received from 25 market participants, giving a response ratio of 64%.

    MIL OSI Economics

  • MIL-OSI New Zealand: Alternative Budget – Green’s Budget Gets Thumbs Up from Tax Reform Group

    Source: Better Taxes for a Better Future Campaign

    The Better Taxes for a Better Future Campaign welcomes the Green Party’s alternative budget released today, for recognising the need to grow revenue and ensuring that those who can afford it get to contribute more.

    “The Green Budget recognises that we face enormous challenges as a country and we need to fund government better in order to respond to them,” says Glenn Barclay, spokesperson for the Better Taxes Campaign.

    “They also promote a range of new taxes that will help ensure that we all contribute according to our ability to pay.”

    “When compared to other countries like Denmark, Germany, Austria and France we are a low tax country. At the same time we face growing inequality, an enormous infrastructure deficit, the challenges of climate change, health services that are in crisis and public services that are struggling to cope. The need to increase government revenue is urgent,” says Glenn Barclay.

    The Green’s proposals include a wealth tax, a more progressive income tax (including a tax free threshold), reversing interest deductibility for rental properties, and raising the tax on corporations.  The Green Budget stops short of introducing a full capital gains tax but restores the Bright Line Test for taxing the capital gains on housing to 10 years.

    “These changes are important steps towards a more progressive tax system. They would help address the sources of inequality in our tax system while raising more revenue,” says Glenn Barclay.

    “The lack of a full capital gains tax is interesting and we would like to better understand the rationale for this, but we do welcome the restoration of the Bright Line Test as a step in the right direction.”

    “In many ways we are outliers when you look at countries we like to compare ourselves to and most of these initiatives will just bring us into line with them”.

    “We would also encourage all parties to consider tax system reforms to ensure that multinational companies operating in New Zealand are not escaping paying tax and improve tax transparency for more effective and efficient revenue gathering.”

    The Better taxes for a Better Future Campaign was launched in June 2023 with the support of 21 partner organisations. It is seeking a tax system that:

    Is fully transparent.
    Ensures people who have more to contribute make that contribution: that we gather more revenue from wealth, gains from wealth, all forms of income, and corporates.
    Makes greater use of fair taxes to promote good health and environmental health.
    Addresses the tax impact on the least well-off in our society.
    Raises more revenue to enable us to address the social, economic and environmental challenges we face.

    MIL OSI New Zealand News

  • MIL-OSI NGOs: MEDIA ADVISORY: JOINT PRESS BRIEFING ON GAZA’S ESCALATING HUMANITARIAN CRISIS

    Source: Oxfam –

     What

    Representatives from leading humanitarian organisations, including those who are in or just left the Gaza Strip, will brief the press on the impact of Israel’s total siege on Gaza – which has lasted now more than 70 days, and Israel’s plan to control and limit aid distribution moving forward.  

    Areas of focus:   

    • The catastrophic conditions for Palestinians in Gaza after 10 weeks of a full blockade of aid, water and medical supplies
    • The militarization of aid, including:
    • Israel’s plan to control and limit the distribution of aid, through the use of private organisations and security contractors
    • The impact of forcibly displacing hundreds of thousands of civilians into designated areas
    • Aid being withheld from people who are not registered and aid being limited to the bare minimum
    • Israel’s new rules for the registration of international NGOs amid a continued crackdown on civil society 

    When

    Wednesday, May 14, 2025 –  9am ET/2pm UK/3pm CET/4pm Gaza 

    Where

    Please register in advance for this webinar: https://us02web.zoom.us/webinar/register/WN_fsCVX0UHTY6xuBRaMsRCVA 

    After registering, you will receive a confirmation email containing information about joining the webinar. 

    Who 

    Moderated by: Soraya Ali, Global Media Manager MEANEE, Save the Children 

    Speakers to include: 

    • Bushra Khalidi, Policy Lead, Oxfam
    • Mohammed Saleh, Director of Al-Awda Hospital in North Gaza
    • Mahmoud Isleem, General Coordinator/ Country Director, Médecins du Monde France
    • Yazdan El Amawi, Gaza Director, Anera
    • Salwa Al Tibi, Palestine/Gaza Country Director, MedGlobal
    • Amande Bazerolle, Gaza Coordinator, Médecins Sans Frontières France 

    Spokespeople’s Bios: 

    • Bushra Khalidi is the Palestinian Territory Policy Lead at Oxfam, specialising in protection, humanitarian access, and accountability. She influences decision-makers, engages with international institutions, and advocates for rights-based humanitarian action, ensuring Palestinian voices are represented. Bushra leads initiatives on ceasefire efforts, humanitarian space protection, and ending settlement trade.
    • Dr Mohammed Saleh is the current Director of Al-Awda Hospital near Jabaliya, North Gaza. When the former director, Dr. Ahmed Muhanna, was taken into custody by Israeli forces on 17 December 2023, Dr Saleh stepped in and led the hospital through the devastating four-month siege of Jabaliya of October 2024-January 2025 — the second siege faced by the hospital since the beginning of the escalation. Since his family had to flee to southern Gaza, he has had minimal contact with them, as he chose to stand by the hospital’s patients and staff.
    • Salwa Al-Tibi is Country Director for Palestine/Gaza at MedGlobal. Herself a refugee whose family has faced numerous displacements, she lives in Gaza City and specializes in community mental health. She has over 25 years of experience working with different NGOs and local organizations in Gaza, including previous senior positions at Save the Children, CARE international, and Catholic Relief Services.
    • Mahmoud Isleem is General Coordinator/ Country Director of Médecins du Monde France (MdM) in the occupied Palestinian territory. He has 20 years of humanitarian work experience in Palestine in both Gaza and the West Bank. As a Palestinian of the West Bank, he is currently based in Ramallah due to access restrictions to the Gaza Strip imposed by Israeli authorities on WB ID-holder humanitarians.
    • Amande Bazerolle is an emergency coordinator with Médecins Sans Frontières (MSF) France. After her first mission in Palestine in 2011, she has worked for MSF Asia programs, notably as a head of mission for Pakistan. Since September 2024 she has been overseeing MSF emergency response in Gaza. She has just spent four months in Gaza, coordinating the work of 900 Palestinian staff.
    • Yazdan El Amawi is the Gaza Director at Anera. He has over two decades of experience working across the humanitarian and development fields in Gaza and has managed many programs on livelihoods, health, water, sanitation, education, and emergency response. He holds an MBA from the University of Northern Virginia and a bachelor’s degree in Communications from Marquette University. 

    For more information and for interviews, please contact:

    Oxfam Media office | Media.OPTI@oxfam.org   

    Jacqui Crocoran | Oxfam Media Lead in Jerusalem, Occupied Palestinian TerritoryOxfam |  jacqui.corcoran@oxfam.org

    For real-time updates, follow us on X and Bluesky, and join our WhatsApp channel. 

    MIL OSI NGO

  • MIL-OSI Africa: Formalizing Artisanal and Small-Scale Gold Mining (ASGM) for Growth: Mining in Motion to Unpack Ghana’s Success, Ongoing Efforts

    Source: Africa Press Organisation – English (2) – Report:

    CAPE TOWN, South Africa, May 14, 2025/APO Group/ —

    The upcoming Mining in Motion Summit – Ghana’s premier gathering for mining stakeholders, scheduled for June 2 – 4, 2025 in Accra – will feature a high-level panel discussion on the country’s ongoing efforts to formalize its artisanal and small-scale gold mining (ASGM) sector.

    Titled Case Studies in ASGM Formalization: Learning from Successes and Addressing Challenges, the panel will explore regulation and programs enhancing the ASGM sector’s contribution to mining sector growth in Ghana. The panel will feature representatives from the Minerals Commission of Ghana, the World Bank and key ASGM industry players.

    ASGM plays a vital role in Ghana’s mining sector, contributing over $5 billion in gold export revenue in 2024, employing more than one million people and accounting for over 40% of national gold production. Through the recently established Ghana Gold Board, the country aims to curb gold smuggling – estimated to cost the country $2.3 billion annually – by providing a legal platform for small-scale miners to sell gold and access financing to expand their operations.

    Furthermore, the Ghana Land Restoration and Small-Scale Mining Project – launched in partnership with the World Bank – offers financial and technical assistance to ASGM operators, helping them improve sustainable land use while providing legal integration into the broader mining economy.

    The Minerals Commission of Ghana and the Ministry of Lands and Natural Resources are driving the country’s agenda to formalize the ASGM sector by simplifying licensing processes via District Mining Committees. In addition, Community Mining Schemes continue to play a critical role in combating illegal mining by organizing miners into formalized, community-based cooperatives, boosting their access to finance, technology and training.

    Mining in Motion will not only showcase Ghana’s progress but also provide a platform for ASGM stakeholders to gain valuable insights into overcoming sector challenges and scaling their operations legally and sustainably. The summit, hosted by the Ashanti Green Initiative under the leadership of Oheneba Kwaku Duah, Prince of the Ashanti Kingdom, is organized in collaboration with the World Bank and the World Gold Council.

    Stay informed about the latest advancements, network with industry leaders, and engage in critical discussions on key issues impacting small-scale miners and medium- to large-scale mining in Ghana. Secure your spot at the Mining in Motion 2025 Summit by visiting www.MiningInMotionSummit.com. For sponsorship opportunities or delegate participation, contact Sales@ashantigreeninitiative.org.

    MIL OSI Africa

  • MIL-OSI Africa: Africa Rallies for Gas-Driven Growth at Invest in African Energy (IAE) 2025

    Source: Africa Press Organisation – English (2) – Report:

    PARIS, France, May 14, 2025/APO Group/ —

    African energy leaders kicked off the Invest in African Energy (IAE) 2025 Forum in Paris with a resounding call for deeper cross-border collaboration, strategic gas monetization and inclusive national development policies, signaling a united front in shaping Africa’s energy future.

    Leading the charge, NJ Ayuk, Executive Chairman of the African Energy Chamber, lauded the successful execution of the Greater Tortue Ahmeyim (GTA) gas project by Mauritania and Senegal – which loaded its first LNG cargo last month – as a model for regional cooperation.

    “No country has been able to do cross-border projects like Mauritania and Senegal. They showed that it is possible in Africa to come together and do cross-border collaboration,” he said, emphasizing that regionalism and pragmatism must outweigh isolationist tendencies. “Resource nationalism slows down projects.”

    Technip Energies’ Chief Business Officer, Marco Villa, echoed Ayuk’s sentiment on the continent’s energy potential, calling natural gas a “strategic driver” rather than just a tradable commodity.

    “Resources alone are not enough – the real opportunity is transforming this potential into sustainable, prosperous and inclusive growth,” said Villa. “We believe natural gas is more than a commodity – it is a strategic driver for countries and for Africa – in terms of industrialization, energy security and global integration.”

    Villa stressed the importance of both large-scale export infrastructure and domestic gas valorization, positioning gas as a dual solution for global competitiveness and local economic development.

    “While exports are important, local valorization of gas is equally crucial. Africa cannot only be an exporter of gas – gas can be a lever for domestic transportation, power generation, enabling petrochemical industries, modernizing refineries and supporting agribusiness.”

    Petroleum Commissioner at Namibia’s Ministry of Mines and Energy, Maggy Shino, highlighted Namibia’s rapid emergence as a global hydrocarbon hotspot, following massive offshore discoveries from Shell, TotalEnergies, Galp and Rhino Resources in the deepwater Orange Basin.

    “Namibia has emerged as one of the world’s most exciting hydrocarbon frontiers… These discoveries are among the largest of our decade. With more than 80% of our offshore unexplored, Namibia is not only a frontier – it’s a first mover advantage waiting to be seized,” said Shino.

    She also emphasized Namibia’s commitment to fast-tracking development and fostering a responsible investment environment, highlighting the ongoing development of the National Upstream Petroleum Local Content Policy as a key step toward embedding local content from the outset.

    “This policy is more than a regulation for us. It’s a platform to align global expertise with Namibian empowerment. We are actively engaging industry stakeholders to create a framework that balances skill development, supplier integration and the upliftment of Namibian citizens with operational efficiency.”

    Meanwhile, Anibor Kragha, Executive Secretary of the African Refiners & Distributors Association, cautioned against overdependence on petroleum imports and underscored the urgency of building domestic refining capacity and storage resilience.

    “If you’re going to maximize your returns, then you have to run the full value chain and refine… What happens to Africa if we cannot import a single petroleum product for 30 days? How many countries have strategic storage beyond two weeks?” said Kragha. “Africa’s energy boom is not just about oil and gas.”

    The opening keynotes set the tone for a forward-looking IAE 2025 agenda – one centered on transforming Africa’s resource wealth into tangible, inclusive and strategically driven development. The forum continues in Paris through May 14.

    MIL OSI Africa

  • MIL-OSI Africa: African Mining Week (AMW) 2025 to Spotlight the Impact of Gabon’s Mining Code

    Source: Africa Press Organisation – English (2) – Report:

    CAPE TOWN, South Africa, May 14, 2025/APO Group/ —

    Gabon strives to expand the mining industry’s GDP contribution to over 30% by the mid-2030s, using policies such as the Mining Code to attract investment and fuel development. By offering competitive incentives such as tax holidays ranging from three to eight years and a modest 3-5% royalty on base metals, the Mining Code offers improved terms for investors, thereby providing positive implications for the country’s mineral sector.

    African Mining Week – Africa’s premier gathering for African mining stakeholders, scheduled for October 1–3, 2025 in Cape Town – will provide an overview of Gabon’s Mining Code. A dedicated panel discussion, titled Navigating Gabon’s Mining Code: A Guide for Investors, will explore how the country is using the Mining Code to catalyze mining development and attract capital.

    Already the world’s third-largest producer of manganese (apo-opa.co/44ES9QA), Gabon is leveraging the code to strengthen the sector though international partnerships and new investments. French mining major Eramet, operator of the high-grade Moanda Minesin Gabon, signed a manganese supply agreement with Australia’s Firebird Metals (apo-opa.co/44yGrXD) to support electric vehicle (EV) battery production in China. Similarly, India’s state-run MOIL (apo-opa.co/4koDe1z) is in talks to develop manganese assets in Gabon, highlighting the country’s growing role in the global manganese, EV and battery storage market.

    Beyond manganese, Gabon is diversifying its mineral production base. Canadian company Millennial Potash Corp (apo-opa.co/43gSiHB) is advancing the Banio Potash Project, where high-grade potash intersections were confirmed in May 2025. Once operational, the project will be Gabon’s first commercial potash facility, supplying a global market driven by demand for fertilizers and pharmaceutical applications.

    Iron ore is another growth frontier where the country is using the Mining Code to secure investment. In partnership with Australia’s Genmin and China’s Sinohydro (apo-opa.co/43e25xN), the country is progressing the Baniaka Iron Ore Project, which targets five million tons of annual output initially, ramping up to 10 million tons in the future. Australia’s Fortescue is also expanding its Belinga iron ore project while South Africa’s Menar (apo-opa.co/3F7k0OO) signed agreements to invest in the sector, illustrating growing investor confidence fostered by Gabon’s Mining Code.

    Amid this growth, African Mining Week will connect investors, government officials and private sector leaders to advance projects. With a focus on legal clarity, resource potential and project-ready opportunities, the event will foster high-level dialogue and promote Gabon as a rising hub for responsible, high-return mining investment in Africa.

    MIL OSI Africa

  • MIL-OSI Africa: Africa’s Liquefied Natural Gas (LNG) Growth Hinges on Investment, Strategic Partnerships

    Source: Africa Press Organisation – English (2) – Report:

    PARIS, France, May 14, 2025/APO Group/ —

    Accelerating Africa’s liquefied natural gas (LNG) ambitions will depend on mobilizing risk-tolerant investment, building strong technical and commercial partnerships, and committing to local capacity-building, according to panelists at the Invest in African Energy (IAE) Forum in Paris.

    Speaking during a discussion on monetizing African gas sponsored by Perenco, UTM Offshore Managing Director Julius Rone emphasized that LNG demand remains robust, but the missing piece is financing.  “Investment is required. The market is there. LNG is not going anywhere – global gas demand is increasing every year. Therefore, we need the right investors to enable us to monetize our gas.”

    The $5 billion UTM FLNG project offshore Nigeria is currently in its pre-construction phase. Rone emphasized that indigenous players like UTM Offshore are capable of forming the right partnerships to drive development, with plans to take FID in the coming months, move into the construction phase and expand the company’s FLNG technologies beyond Nigeria into other African markets.

    Competitiveness Starts at the Wellhead

    For international players, the viability of LNG in Africa hinges on low-cost resources and predictable legal frameworks. Golar LNG’s Chief Commercial Officer Federico Petersen noted that while Africa holds a geographic edge over the U.S. in terms of access to global markets, project economics must work from the start.

    “In the U.S., both the liquefaction and transport sides are increasing – if Africa can beat the U.S. at the wellhead, then it can have competitive liquefaction and it is closer to Europe and Asia,” said Petersen.

    He added that technical capability and financial strength are key to delivering projects at scale, along with speed and access to low-cost gas. “The asset needs to be cheap gas. We look at the asset, the contract and the partner… On the contract side, the legal framework and the stability needs to be there, both for upstream operators and for us.”

    Infrastructure-First Approach

    Gas infrastructure must come before LNG exports, according to Denis Chatelan, Head of Business Development at Perenco. The company’s strategy has focused on domestic gas use as a foundation for future liquefaction, citing gas-to-power and gas-to-industry projects in Gabon and Cameroon.

    “We did not start with liquefaction, but to develop the gas resources… We managed to find the right compromise of investment, ROI and infrastructure,” said Chatelan. “At Perenco, we have deployed equity. If you want big rewards, then you have to take some risk. We have taken the risk of infrastructure, which is a very important first step to develop the gas resources of a country.”

    Local Support Critical to Long-Term Success

    Jiří Rus, Sales & Business Development Director at Neuman & Esser, stressed the importance of original equipment manufacturers building in-country operational support to sustain LNG and gas projects.

    “Within our partnerships, we focus on operation. We need to support projects not from Germany, but through local service centers. We have one in Port Harcourt in Nigeria, for example, to support future projects, and now we are doing so in Mozambique,” said Rus.

    Dominique Gadelle, VP of Upstream & LNG at Technip Energies, echoed the importance of anchoring projects in local benefits. “Boosting local economies, power generation… This is a must before going to international exports,” he said. “We can also look at monetizing gas in different ways – fertilizers, for instance. We also need to promote regional cooperation, and we cannot forget local skills, employment and education and training programs.”

    MIL OSI Africa

  • MIL-OSI Africa: Secretary-General’s statement on the passing of Mr. José “Pepe” Mujica, former President of Uruguay [scroll down for Spanish]

    Source: United Nations – English

    am deeply saddened by the passing of former President José Mujica. My heartfelt condolences go out to his family, the Government, and the people of Uruguay. 

    President Mujica will be remembered not only for his steadfast commitment to social justice, equality, and solidarity but also for the deeply human way in which he embodied those values. He led with humility, choosing simplicity over privilege, and reminded us—through words and example—that power should be exercised with responsibility and compassion. 

    President Mujica championed dialogue and multilateralism, embodying the values at the heart of the Charter of the United Nations and lending his moral authority to the cause of peace and human rights.  
     

    ***

    Me encuentro profundamente entristecido por el fallecimiento del ex Presidente José Mujica. Mis más sinceras condolencias para su familia, el Gobierno y el pueblo de Uruguay. 

    El Presidente Mujica será recordado no solo por su firme compromiso con la justicia social, la igualdad y la solidaridad, sino también por la forma profundamente humana en la que encarnó esos valores. Lideró con humildad, eligiendo la simplicidad sobre el privilegio, y nos recordó—tanto con sus palabras como con su ejemplo—que el poder debe ejercerse con responsabilidad y compasión. 

    El Presidente Mujica fue un firme defensor del diálogo y el multilateralismo, personificando los valores fundamentales de la Carta de las Naciones Unidas y aportando su autoridad moral a la causa de la paz y los derechos humanos. 
     

    MIL OSI Africa

  • MIL-OSI Africa: Secretary-General’s video message to the Europe Day event which marks the 75th anniversary of the Schuman Declaration – the foundation of the European Union – and the 80th anniversary of the United Nations

    Source: United Nations – English

    strong>Download the video:
    https://s3.us-east-1.amazonaws.com/downloads2.unmultimedia.org/public/video/evergreen/MSG+SG+/SG+5+May+25/3374143_MSG+SG+EUROPE+DAY+05+MAY+25.mp4
     

    Excellencies,

    I am honoured to send my warmest wishes to everyone celebrating Europe Day.

    This year marks the 75th anniversary of the European Union – and the 80th anniversary of the United Nations.

    Two organizations born from the same tragedy – and united by the same resolve:

    To spare humanity from war and hatred.

    Through the years, the European Union has stood strong as a union of peoples and principles…

    A force for reconciliation, rights, and reason…

    And a reminder that peace can endure, blossom, and inspire.

    We need that spirit more than ever.

    In a world of growing divides and cascading crises, the EU remains a vital partner of the United Nations:

    Defending human rights and dignity;

    Advancing climate action and sustainable development;

    And championing multilateralism when it is most tested.  

    The Pact for the Future calls for stronger and fairer global institutions that reflect today’s realities and rise to tomorrow’s challenges.

    Europe is essential in that effort.

    Together, let’s keep working to bridge divides, foster bold transformations, and strive for solidarity and justice in a more united world. 

    Happy Europe Day.
     

    MIL OSI Africa

  • MIL-OSI Submissions: Africa – Algeria to Host Shelter Afrique Development Bank’s 44th AGM in July

    Source: Media Fast

    Algiers, Algeria [14 May, 2025] – Algeria is set to host Shelter Afrique Development Bank’s (ShafDB) 44th Annual General Meeting (AGM) and Housing Symposium in July 2025, the Bank has disclosed.

    The high-level event, set to take place in Algiers from 15th to 17th July 2025 at Hotel El Aurassi in Algiers, Algers, will bring together key stakeholders, policymakers, investors, and development finance leaders to discuss strategies for advancing affordable housing and sustainable urban development across Africa.

    The AGM, which will convene under the theme: “Housing Sector Financial Sustainability Amid Global Turbulence: Opportunities and Challenges”, will bring together Ministers of Housing and Finance from member States, shareholders, central banks, mayors, private developers, investors, and development finance partners to explore ways of transforming the promise of urban Africa into tangible, inclusive progress.

    The meeting will provide a platform to review ShafDB’s performance, assess progress in its strategic initiatives, and formulate policies that will shape the institution’s role in addressing Africa’s housing and infrastructure challenges.

    Speaking about the upcoming AGM, Shelter Afrique Development Bank’s Managing Director & CEO, Thierno-Habib Hann, expressed his enthusiasm about the selection of Algeria as the host country.

    “We appreciate our member countries for their continued commitment to affordable housing and urban development across Africa. Algeria’s role in hosting the Extraordinary General Meeting in 2023—where Shelter Afrique was transformed into a Development Bank—and now the 44th AGM in Algiers, reflects the collective momentum and shared vision of our members. We look forward to collaborating with all our partners and stakeholders to advance impactful housing initiatives and drive inclusive economic growth across the continent,” Mr. Hann said.

    Key agenda for the AGM will include discussions on capital mobilization, innovative financing mechanisms, and public-private partnerships to accelerate housing delivery.

    Additionally, the meeting will feature ministerial roundtables and high-level policy dialogues; plenary sessions to explore urban resilience, local solutions to housing challenges; technical forums, exhibitions and investment showcases, and networking sessions aimed at fostering collaboration among industry stakeholders.

    “As Africa continues to face a growing demand for affordable housing, Shelter Afrique Development Bank remains committed to championing solutions that enhance urban resilience, economic empowerment, and inclusive growth. The 44th AGM in Algiers is expected to yield critical resolutions that will guide the institution’s strategic direction in the years ahead,” Mr. Hann quipped.

    Established in 1981 in Lusaka, Zambia, Shelter Afrique Development Bank (ShafDB) is a Pan-African Multilateral Development Bank (MDB) dedicated to promoting and financing sustainable green housing, urban development and related infrastructure. It operates through a shareholding of 44 African governments and two institutional shareholders: African Development Bank (AfDB) and African Reinsurance Corporation (Africa-Re).

    The institution is involved in financing housing and related infrastructure across the value chain, both on the demand and supply sides, through its four (4) business lines: Financial Institutions Group (FIG), the Project Finance Group (PFG), the Sovereign and Public-Private partnerships (PPP) Group, and the Fund Management Group (FMG).

    MIL OSI – Submitted News

  • MIL-OSI Europe: Highlights – Hearing with three Members of the ESMA CCP Supervisory Committee – NEW – Committee on Economic and Monetary Affairs

    Source: European Parliament

    Hearing with three Members of the ESMA CCP Supervisory Committee © Image used under license from Adobe Stock

    On 20 May 2025, ECON will hold a hearing with the three ESMA Directors that are part of the CCP Supervisory Committee and whose terms of office have been recently extended by the Board of Supervisors of ESMA.

    The Chair of the Supervisory Committee Mr Klaus Löber and the Independent Members Mrs Nicoletta Giusto and Mrs Froukelien Wendt will present their vision for the tasks of the Supervisory Committee for the five years ahead.

    MIL OSI Europe News

  • MIL-OSI Europe: EU Fact Sheets – An area of freedom, security and justice: general aspects – 13-05-2025

    Source: European Parliament

    The Treaties attach great importance to the creation of an area of freedom, security and justice. In 2009, several important new features were introduced: a more efficient and democratic decision-making procedure that comes in response to the abolition of the old pillar structure; increased powers for the Court of Justice of the EU; and a new role for national parliaments. Basic rights are strengthened by the legally binding Charter of Fundamental Rights of the European Union.

    MIL OSI Europe News

  • MIL-OSI Europe: EU Fact Sheets – Competences of the Court of Justice of the European Union – 13-05-2025

    Source: European Parliament

    The Court of Justice of the European Union (CJEU) consists of two courts, the Court of Justice proper and the General Court, and it offers various means of redress, as laid down in Article 19 of the Treaty on European Union, Articles 251-281 of the Treaty on the Functioning of the European Union (TFEU), Article 136 Euratom, and Protocol No 3 annexed to the Treaties on the Statute of the Court of Justice of the European Union.

    MIL OSI Europe News

  • MIL-OSI Europe: EU Fact Sheets – The common agricultural policy (CAP) and the Treaty – 13-05-2025

    Source: European Parliament

    Following the entry into force of the Treaty of Rome, Member States’ agricultural policies were replaced by intervention mechanisms at Community level. The foundations of the common agricultural policy (CAP) have remained unchanged since the Treaty of Rome, with the exception of rules relating to the decision-making procedure. The Treaty of Lisbon recognised codecision as the ‘ordinary legislative procedure’ for the CAP, in place of the consultation procedure.

    MIL OSI Europe News

  • MIL-OSI Europe: Answer to a written question – Violation of the international Law of the Sea by obstructing cable laying between Greece and Cyprus – E-001193/2025(ASW)

    Source: European Parliament

    The EU has stated repeatedly its deep concern about such actions and statements, expressing its expectation for Türkiye to de-escalate tensions in the interest of regional stability in the Eastern Mediterranean[1].

    In particular, the Commission has underlined in the 2024 enlargement report on Türkiye[2] that, as stemming from obligations under the Negotiating Framework, Türkiye is expected to make an unequivocal commitment to good neighbourly relations, international agreements and the peaceful settlement of disputes, including through the International Court of Justice. Türkiye must avoid threats and actions that damage good neighbourly relations and respect the sovereignty of all Member States over their territorial sea and airspace as well as all their sovereign rights, including inter alia the right to explore and exploit natural resources in accordance with EU and international law, in particular the United Nations Convention on the Law of the Sea.

    This is essential to ensure a stable and secure environment in the Eastern Mediterranean and the development of a cooperative and mutually beneficial relationship between the EU and Türkiye[3].

    • [1] https://www.consilium.europa.eu/media/57442/2022-06-2324-euco-conclusions-en.pdf .
    • [2] https://enlargement.ec.europa.eu/document/download/8010c4db-6ef8-4c85-aa06-814408921c89_en?filename=T%C3%BCrkiye%20Report%202024.pdf .
    • [3] https://enlargement.ec.europa.eu/document/download/16679fa1-cb73-4481-bc02-e3620b8c6dd3_en?filename=Joint%20Communication%20to%20the%20European%20Council%20-%20State%20of%20play%20of%20EU-Turkiye%20political%2C%20economic%20and%20trade%20relations.pdf .
    Last updated: 13 May 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Latest news – Next meeting: 14 May 2025 (extraordinary meeting) – Delegation to the Africa-EU Parliamentary Assembly

    Source: European Parliament

    On Wednesday, 14 May 2025, 14.00-15.30 , the DAFR delegation will hold an Extraordinary meeting in Brussels (room: SPAAK 5B1). There will be two main items in the agenda:

    – Exchange of views on the sustainable management of Raw Materials in the Democratic Republic of Congo (DRC) in the presence of:

    • Mr Geza Strammer, Head of Unit, Eastern & Central Africa, DG INTPA
    • Ms Brenda Odimba, co-founder of the collective “Free Congo”

    – Exchange of views on the EU’s role in addressing the crisis in Eastern DRC in the presence of:

    • Mr Thomas Stevens, Africa advisor of the Minister of Foreign Affairs of Belgium
    • Dr Marie-Paule Guillaume, member of the collective “Free Congo”

    The meeting will be webstreamed.

    MIL OSI Europe News

  • MIL-OSI Europe: Written question – Level of public investment and state of implementation of the artificial intelligence strategy – E-001547/2025

    Source: European Parliament

    Question for written answer  E-001547/2025/rev.1
    to the Commission
    Rule 144
    Pierre Jouvet (S&D)

    On 11 February 2025, the Commission President announced that EUR 200 billion would be allocated to developing artificial intelligence (AI) in Europe. However, the figures set out in the AI Continent Action Plan two months later were much lower. The total investments amount to just a fraction of the EUR 200 billion announced, which raises serious doubts as to the reality of EU commitments and fuels fears of a potential technology gap, which would mean depending on China and the United States.

    • 1.In this context, can the Commission explain the nearly 85% difference between the EUR 200 billion announced on the sidelines of the Paris AI summit and the amounts provided for in the action plan?
    • 2.Can the Commission outline the details of the investment funds allocated for AI and the amounts that have already been provided for each project?
    • 3.If this gap is due to private investments being taken into account, why does the Commission not adopt a more ambitious public funding strategy, given that it is aware of the importance of this issue and that Europe is lagging behind?

    Submitted: 16.4.2025

    Last updated: 14 May 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Latest news – 7 May 2025 – meeting – Delegation to the Africa-EU Parliamentary Assembly

    Source: European Parliament


    On Wednesday, 7 May 2025, 16.00-17.30, the DAFR delegation held a meeting in Strasbourg (room: WEISS S2.2) and the main item of the agenda was the exchange of views on “Sharing international responsibility for protecting victims of sexual violence in the Democratic Republic of Congo” (with participation of DEVE and FEMM Committees and DROI Subcommitttee) in the presence of:

    Dr Denis Mukwege, 2018 Nobel Peace Prize Laureate and 2014 Sakharov Prize Laureate

    The meeting was webstreamed.

    MIL OSI Europe News

  • MIL-OSI Europe: Written question – Turkish law that allows the killing of roaming dogs and cats – E-001682/2025

    Source: European Parliament

    Question for written answer  E-001682/2025
    to the Commission
    Rule 144
    Sebastian Everding (The Left), Anja Hazekamp (The Left), Petras Auštrevičius (Renew), Erik Marquardt (Verts/ALE), Tilly Metz (Verts/ALE), Tomáš Kubín (PfE), Maria Zacharia (NI)

    In 2024, the Turkish Government adopted legislative changes, which will lead to mass killings of stray dogs. It is estimated that there are approximately four million street dogs in Türkiye that are now to be put down.

    Türkiye is not a member of the EU, but it does have aspirations to join, and as a member, it would have to conform to the very high standards of animal welfare to which EU Member States must adhere. Not only does Türkiye need to progressively align its legislation, implementation and law enforcement with EU standards in this area, but there is also an urgent need for awareness-raising among Turkish citizens.

    • 1.What measures is Türkiye taking to align its animal welfare legislation with the prevailing animal welfare legislation in the EU?
    • 2.What steps is the Commission taking to encourage Türkiye to protect these helpless animals and to raise awareness on animal welfare among Turkish citizens?

    Submitted: 27.4.2025

    Last updated: 14 May 2025

    MIL OSI Europe News

  • MIL-OSI: LexinFintech Holdings Ltd. to Report First Quarter 2025 Unaudited Financial Results on May 21, 2025

    Source: GlobeNewswire (MIL-OSI)

    SHENZHEN, China, May 14, 2025 (GLOBE NEWSWIRE) — LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading credit technology-empowered consumer financial service enabler in China, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2025, after the U.S. market closes on Wednesday, May 21, 2025.

    The Company’s management will host an earnings conference call at 10:00 PM U.S. Eastern time on May 21, 2025 (10:00 AM Beijing/Hong Kong time on May 22, 2025).

    Participants who wish to join the conference call should register online at:
    https://register-conf.media-server.com/register/BI0dc0f8f7695c4583bd50587c8b103490

    Once registration is completed, each participant will receive the dial-in number and a unique access PIN for the conference call.

    Participants joining the conference call should dial in at least 10 minutes before the scheduled start time.

    A live and archived webcast of the conference call will also be available at the Company’s investor relations website at http://ir.lexin.com.

    About LexinFintech Holdings Ltd.

    We are a leading credit technology-empowered consumer financial service enabler. Our mission is to use technology and risk management expertise to make financing more accessible for young generation consumers. We strive to achieve this mission by connecting consumers with financial institutions, where we facilitate through a unique model that includes online and offline channels, installment consumption platform, big data and AI driven credit risk management capabilities, as well as smart user and loan management systems. We also empower financial institutions by providing cutting-edge proprietary technology solutions to meet their needs of financial digitization.

    For more information, please visit  http://ir.lexin.com.

    For investor and media inquiries, please contact: 

    LexinFintech Holdings Ltd.

    IR inquiries:
    Will Tan
    Tel: +86 (755) 3637-8888
    E-mail: willtan@lexin.com

    Media inquiries:
    Ruifeng Xu
    Tel: +86 (755) 3637-8888
    E-mail: ruifengxu1@lexin.com

    SOURCE LexinFintech Holdings Ltd.

    The MIL Network

  • Operation Sindoor: From strategic restraint to sovereign retaliation

    Source: Government of India

    Source: Government of India (4)

    India’s military response to the April 22, 2025, Pahalgam terror attack marked not merely a tactical action, but a fundamental shift in its strategic doctrine. Operation Sindoor, the codename for a bold retaliatory air campaign, shattered the long-standing tenets of India’s restraint-driven security posture. This was not just about responding to a cross-border provocation it was a calculated assertion of sovereign will, combining military strikes with economic countermeasures and an unapologetic geopolitical stance. The Indian Air Force struck deep into Pakistani territory, hitting eleven military installations, including the highly sensitive Nur Khan airbase near Islamabad a key node in Pakistan’s air defence and nuclear command infrastructure. These strikes were not reactionary outbursts; they were precisely timed, meticulously planned, and unilaterally executed. The choice of targets reflected not only the resolve to punish terror networks, but to decapitate the infrastructure that shields and enables them under the garb of nuclear deterrence. India, for the first time, did not blink in the face of Pakistan’s nuclear threats. It called the bluff and did so with devastating precision.

    What followed was unprecedented. The international community, which once scrambled to de-escalate tensions in South Asia, remained eerily silent. Washington, London, Brussels, and even Beijing offered no real condemnation. The world had no playbook for this new India an India that acted without seeking permission, validation, or multilateral endorsement. The traditional scripts were obsolete. This quietude wasn’t diplomatic oversight it was stunned recalibration. India had crossed the Rubicon and declared that its security calculus would no longer be bound by Cold War legacies or post-colonial deference. Strategic restraint, once considered a virtue of mature statecraft, had evolved into a liability. Operation Sindoor rewrote the doctrine as ‘sovereign retaliation’ became the new normal. This retaliatory strike wasn’t just a military action; it was a geopolitical signal, a declaration of strategic independence.

    What made this moment historic wasn’t just the airstrikes. Within days, India struck in the economic domain, announcing retaliatory tariffs worth $1.9 billion on U.S. exports, sanctioned by the WTO. While officially framed as a response to American tariffs on Indian steel and aluminium, this move carried deeper implications. It was a direct indictment of Washington’s double standards. Despite its rhetoric of partnership through platforms like the Quad, the U.S. continued to bankroll Pakistan through IMF bailouts, the latest of which came on May 9, 2025 at a time when India & Pakistan were engaged in a military standoff. Washington remained ambivalent, offering neither support nor criticism. Worse, it failed to pressure its NATO ally Turkey to halt drone transfers to Pakistan and made no effort to leverage its defence ties with Pakistan to prevent further escalation. India responded not with pleading, but with policy. The WTO move was not only about trade but also about establishing a doctrine of economic deterrence where tariffs serve as diplomatic instruments just as missiles serve as military ones.

    India’s shift did not occur in a vacuum. It was built on a decade of foundational reforms strategic autonomy in defence procurement, diversified energy and trade partners, and a strengthening of indigenous technological platforms. In 1971, then Prime Minister Indira Gandhi after a big military victory in the Bangladesh war made a strategic retreat from West Pakistan giving up the gains, handing back 93,000 Pakistani POWs and affording Pakistan army an Off-Ramp to save its honour at Shimla Accord. Prime Minister Modi’s India on other hand in 2025 stood sovereign in policy and posture. There were no Nixon-era backchannels to arm-twist India, no Chinese diversionary threats in Ladakh, no economic leverages to constrain action. This was a state that had absorbed the lessons of the past and finally acted with the strategic decisiveness it long possessed but rarely deployed. Operation Sindoor was not about conquest; it was about calibrated decapitation. It struck hard enough to cripple, but restrained enough to avoid collapse. It was punitive, not escalatory a textbook demonstration of escalation dominance.

    The military phase of Operation Sindoor saw coordinated precision strikes across a range of Pakistani targets including Bahawalpur, Muridke, Kotli, Muzaffarabad, and Skardu etc targeting the terror camps and infrastructure on 7th May 2025. On May 10th, 2025 in response to Pakistani escalation by way of Turkish drones, targeting religious places, civilians and Indian military installations; the Indian Airforce struck Pakistani airbases like Rafuqui, Murid, Rahim Yar Khan, Sukkur, Chunian, Jacobabad, Nur Khan, Sargodha and Bholari airbases. These were not token air raids but deep-penetration missions utilizing BrahMos cruise missiles, targeting air defence systems, radar systems, electronic jammers, and bunkers. The Nur Khan Airbase strike sent shockwaves not just through Rawalpindi, but across global defence communities. The base’s proximity to Islamabad and its criticality to Pakistan’s nuclear logistics underscored India’s new resolve. The IAF’s rapid execution within 90 minutes disabled Pakistan’s air defence grid and neutralized its early-warning capabilities. It was a surgical dismantling of Pakistan’s conventional deterrence. The world watched, waited, but did not intervene. The silence was deafening.

    India’s leadership under Prime Minister Narendra Modi did not seek applause or permission. Unlike previous governments that lobbied for global sympathy post-Kargil or after the 2008 Mumbai attacks, Modi’s government acted decisively and let its actions speak. There were no diplomatic pilgrimages to world capitals, no speeches at the UN, no dossier handovers. The message was simple, India will defend itself without intermediaries and if that means targeting strategic installations of a nuclear state, then so be it. Pakistan’s nuclear doctrine had long shielded it from Indian retaliation. That shield was dismantled not just through bombs, but through boldness. It was a psychological strike as much as a physical one.

    While Pakistan bore the immediate brunt, the real targets of India’s message were China and the United States. Beijing, deeply invested in Pakistan through CPEC and military-industrial collaboration, refrained from open escalation. Even as Chinese-built drones and radars were destroyed, Beijing chose silence, perhaps wary of jeopardizing its broader trading relationship with India amidst tensions in Taiwan and trade war with USA. The United States, meanwhile, struggled with its strategic schizophrenia. India’s actions conflicted with the expectations Washington had long harboured that India would remain a “responsible stakeholder” and junior partner in the Indo-Pacific architecture. But Operation Sindoor, and the WTO retaliation that followed, made it abundantly clear that India no longer played by G2 rules. It would not be managed, moderated, or manipulated.

    India’s challenge to the informal U.S.-China duopoly has now become structural. For over a decade, the G2 logic where Washington and Beijing informally co-managed global affairs has sidelined emerging powers. But India’s unilateralism broke that frame. It did not consult either power before acting militarily. It did not apologize for retaliating economically. It neither sought validation nor acknowledged criticism. That defiance is what defines India’s rise not as a “balancing power” but as a disruptor, a sovereign pole in a genuinely multipolar world. Its model of statecraft is rooted in pre-modern civilizational confidence, not post-modern liberal anxieties. It invokes Dharma, not doctrine; sovereignty, not subservience.

    For Washington, this presents a strategic conundrum. Should it try to rein India in through pressure and conditionality? Or should it accept India’s autonomy and recalibrate the partnership? The Trump administration has oscillated, unable to decide whether India is a rebellious ally or an indispensable partner. But India has made its position clear it will not compromise on national interests, and certainly not under duress. There will be no compromise disguised as cooperation. India’s economic sovereignty, military autonomy, and civilizational narrative are now core to its foreign policy, and no partnership that demands dilution of these values will be entertained.

    This transformation is not without risks. India’s assertiveness threatens entrenched interests. Both the U.S. and China, despite their rivalry, will seek to manage or constrain India’s ascent. Turkey’s deepening drone alliance with Pakistan is one such pressure point. The hybrid warfare against India via drones, trade barriers, and information warfare is likely to intensify. America’s willingness to offer off-ramps to Pakistan and equate Indian retaliation with Pakistani provocation betrays a strategic myopia. India must now navigate this terrain with agility escalating when necessary, de-escalating on its terms, and retaliating across all domains.

    The day India launched its strikes on Pakistani airbases, Washington and Beijing came to an agreement on a tentative trade deal an act that reinforced the enduring G2 instinct. But in doing so, they also acknowledged the emerging reality that the future will not be defined by their binary logic alone. India’s assertion has introduced a third pole, one that neither seeks to dominate nor to align, but to act independently. That is the defining hallmark of multipolarity within bipolarity. India has entered this arena not as a substitute power, but as an original force a civilizational state that finally acts in accordance with its historical identity and strategic destiny. Operation Sindoor, in that sense, is not a finite event. It is the inaugural move of a long game, a game where India leads not just in South Asia, but influences the very grammar of global order. The world must now learn to engage with a new India one that retaliates, redefines, and refuses to retreat.

    (Navroop Singh is an Intellectual Property Attorney in New Delhi and a geopolitical analyst with the ‘Niti Shastra’ platform. He has co-authored three books and writes on foreign policy, law, history, and public affairs.) 

  • MIL-OSI United Kingdom: Highland Council awards new contract for road repairs

    Source: Scotland – Highland Council

    After a successful three-week trial of thermal technology in 2024, Highland Council has appointed Thermal Road Repairs for a two-year patching repair contract worth a seven-figure sum. This will provide an additional resource for repairing surface defects such as potholes, cracking and deteriorating surfacing joints.

    Councillor Ken Gowans, Chair of the Economy and Infrastructure Committee, said: “After a successful trial last year, I’m delighted that we will be making use of thermal technology moving forward. It offers an efficient way to repair our roads using less material and will allow us to carry out permanent pothole fixes in all seasons.”

    The thermal repair process involves using an infrared heating system to heat existing road material which then becomes malleable and can be reworked with additional material to create a defect-free surface. The use of heat means that the repair is free of cold joints and therefore has no weak points at the edges resulting in a more effective repair that can also be carried out in colder conditions.

    Cllr Gowans continued: “Thermal Road Repairs have a wealth of experience and their technology provides a fast, permanent fix to potholes but with the added benefits of low emissions and minimal waste due to less plant and materials being required. Infrared patching is a low noise and low impact technique with only one vehicle which creates minimal disruption for road users, and it is also a very quick process with approximately one square metre repaired every 5-9 minutes.

    “Investing in our roads is a high priority not only for the Council but also for our communities and I am pleased that this contract will support our local roads teams to improve the condition of our roads faster and more effectively. The contract is part of a £2.1 billion capital investment agreed in our Highland Investment Plan which will help to maintain over 4000 miles of roads and ensure a sustainable approach to investment and contractor procurement. The Highland Investment Plan will provide 20 years of funding for roads and transport, schools, offices and community facilities throughout the Highlands.”

    Works are due to begin in summer 2025.

    14 May 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Water scarcity and Council support for private water supplies users

    Source: Scotland – Highland Council

    Following an unusually dry start to 2025, Scotland has been placed on an “early warning” for water scarcity by the Scottish Environmental Protection Agency (SEPA).

    Considering this warning, Highland Council’s Environmental Health Team is recommending that consumers on private water supplies use water responsibly, to check the water system for any indications of leaks or contamination risks and think about other options if your water supply is potentially in shortage. A property without a Scottish Water mains water connection is considered to have a private water supply. Typically, these supplies are found in rural regions.

    As a preventive public health measure, you should also boil your water before consuming, cooking, and brushing your teeth if your private water supply is untreated or you are currently unable to maintain your water treatment system.

    To help people acquire safe drinking water during this growing period of water scarcity, Highland Council, in collaboration with Scottish Water and the Scottish Government, has announced the establishment of an Emergency Bottled Water Scheme.  As part of the scheme, the Council may provide consumers of domestic properties who are eligible, a temporary supply of free bottled water. Commercial buildings, farms, equestrian facilities, and other livestock are not included in the scheme however SEPA may be able to offer support for farmers.

    For support or advice regarding your private water supply, please phone the Environmental Health team on 01349 886606 or email envhealth@highland.gov.uk.

    Patricia Sheldon, Highland Council’s Senior Environmental Health Officer said: “It’s very reassuring that with the help of the Scottish Government, the Council can provide bottled water to support our communities and individuals who are experiencing water scarcity problems with their domestic private water supplies.

    “We have recently received a number of calls from vulnerable persons and families concerned about their water supplies. We should all strive to use water responsibly, especially if you get your water from a private water source. To address short-term solutions to their water consumption demands and to consider longer-term solutions to improve the supply, I would encourage anyone who has concerns about their private water supply to contact us. The Council is helping where we can.”

    Further information:

    Scottish Government – Private Water Supplies

    Drinking Water Quality Inspector – Private Water Supply Information

    SEPA – Water Scarcity 

    Scottish Water – Water Saving Advice

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: England athletics announces new partnership with launch event at Coventry school

    Source: City of Coventry

    England Athletics, the development body for running and athletics in the England, as well as its official charity partner, the Personal Best Foundation has announced a new partnership with Citroën.

    The partnership comes on the back of research by Citroën to parents that found on average, British children spend 4.75 hours a week exercising, while the Chief Medical Officers recommend at least 60 minutes every day.

    The partnership was announced at Sowe Valley Primary school, Coventry with Team GB Paralympian and Personal Best Foundation Ambassador, Hannah Cockroft CBE, where pupils took part in a morning of sports and activities with the organisations.

    Cllr Dr Kindy Sandhu, Cabinet Member for Education and Skills, said: “This event was a wonderful example of what happens when education and sport come together to inspire young people. Giving every child, regardless of background or ability, the opportunity to be active, confident and included is at the heart of what we aim for in Coventry’s schools. It’s especially meaningful to see inclusive sport embedded in learning and I’m proud that our city is leading the way with programmes like this.”

    Cllr Kamran Caan, Cabinet Member for Public Health and Sport, said: “It was fantastic to see the energy and excitement at Sowe Valley Primary School as children took part in inclusive athletics led by Hannah Cockroft. Initiatives like this are exactly what we need to tackle inactivity and the health inequalities that affect so many of our communities. Encouraging active lifestyles from an early age is key to improving long-term physical and mental health across Coventry and this partnership is a powerful step in the right direction.”

    England Athletics’ purpose is to inspire individuals of all ages, abilities and backgrounds to take up running and athletics, fulfil their potential and develop a lifelong love of the sport.

    According to Sport England’s annual Active Lives survey 2023/24, only 47% of children are meeting the UK’s Chief Medical Officer’s recommended daily activity levels**, with children from low-income families and underserved communities the least likely to be active.

    According to Citroen’s own research, it found that a lack of time and interest were cited by over a third of parents as the main barriers to getting their children to exercise. Around one in eight toddlers and primary school-aged children in England are categorised as obese.

    In year 6, the prevalence of obesity alone in children is 22.7% and for those living in the most deprived areas this increases to 30.2%.

    The UK has some of the poorest child mental health outcomes globally, with the cost of living crisis further limiting opportunities for physical activity. Inequality and poverty put the opportunity for organised exercise and activity beyond the reach of around 4 million children and young people across the UK.

    The partnership between Citroën, England Athletics and Personal Best Foundation will help to change this, as initially 15 primary schools – prioritising those with the greatest need and children most at risk of inactivity – in Coventry, Warwickshire and Ellesmere Port, close to Citroen Headquarters, will benefit from free weekly after-school athletics programmes. In addition, free training for the teachers in the schools will allow the programme to be continued and ensure that running, jumping and throwing have a place in the curriculum.

    The partnership will also support young, up and coming athletes in England through England Athletics’ National and Age group championships and its Talent Pathway Programme, which aims to help gifted young athletes progress to be the international athletics stars of the future.

    England Athletics, Chief Executive Officer, Chris Jones, said: “We are proud to welcome Citroën into the England Athletics family. This partnership supports our shared commitment to sustainability and making athletics more accessible for young people. Through our Personal Best Foundation, Citroën’s support will help young people in schools across England experience athletics and will open the doors of opportunity for some of the most disadvantaged children and young people in England.

    “Citroën’s backing of our national events and talent programmes – supported by Citroën’s electric vehicles – aligns with our drive for a more sustainable future and our approach to encourage our network of athletes and clubs to adopt more sustainable practices.”

    Chris Theobold, Sales and Operations Director, Citroën UK, added: “We’re proud that our partnership with England Athletics will give young people access to sport and exercise, help improve young people’s lives and offer support to the next generation of talent.

    “The statistics on childhood inactivity and health is very concerning and we are very happy to be able to make running, jumping and throwing more accessible, just as we are making electric vehicles accessible to all. In partnering with England Athletics and its official charity, we believe we can help make a difference and give school children in some of the country’s less fortunate areas the chance to enjoy the benefits of athletics, be active and have fun. Whilst also supporting elite talent on the pathway to success.”

    Hannah Cockroft CBE, Personal Best Foundation Ambassador and England Athletics Sustainability Ambassador, said: “It’s fantastic to be part of this exciting new partnership between England Athletics, the Personal Best Foundation, and Citroën. It’s a privilege to meet the school children today and see first-hand how powerful sport can be in changing lives and helping young people discover what they are truly capable of.

    “I passionately believe that every young person should have the access and the opportunities to experience the physical and mental benefits of sport irrespective of their background or personal circumstances. It’s also great to see a partnership with a real commitment to sustainability, promoting a healthier, more active, and more responsible future.”

    You can find out more about the partnership and England Athletics at englandalthetics.org.

    MIL OSI United Kingdom