Category: CTF

  • MIL-OSI: Remittix Confirms Multi-Chain Compatibility With Ethereum, Solana in Wallet Beta Release

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 14, 2025 (GLOBE NEWSWIRE) — Remittix (RTX), the emerging name in decentralized finance, has now officially announced multi-chain support with Ethereum and Solana for its crypto-to-fiat wallet in the soon-to-be-released beta version later this Q3 2025.

    The update points towards Remittix‘s mission to become a universal payments gateway by supporting leading blockchain networks and enabling instant real-world usability of cryptocurrency.

    The Remittix wallet was designed to bridge the gap between cryptocurrency and mainstream finance. Once launched, users will be able to send, receive and convert crypto assets like ETH, SOL, BTC, and DOGE to bank accounts anywhere in the world in the absence of centralized intermediaries.

    The Ethereum and Solana support of the wallet offers broad interoperability throughout the DeFi ecosystem. With two of the busiest smart contract chains, Ethereum and Solana, offering unmatched developer activity and scalability, and now, through Remittix, customers can send these assets into real-world payments cheaply and fast.

    The beta wallet, first hinted at in a live demo YouTube video, features instant crypto exchanges, non-custodial architecture and direct payouts to banks globally. Its simple interface is tailored to both seasoned DeFi users and crypto newcomers looking for low-gas-fee cryptocurrency alternatives.

    Momentum Gaining as Presale Approaches Soft Cap

    Remittix is nearing its $18 million soft cap, having so far raised in excess of $16 million of presale funds. More than 550 million RTX tokens have been sold and at the live price of $0.0811, experts are still adding RTX to their lists of the best tokens to buy right now.

    Incentives for early investors are:

    • A live 50% token bonus
    • Additional rewards for early-stage investors
    • A growing belief that RTX can deliver long-term value

    While Remittix hype continues to build, what sets it apart is its utility in real life, specifically in:

    • Cross-border remittances
    • Underpenetrated and underbanked financial markets
    • Offering a working solution to crypto-to-fiat transactions

    Outlook: Crypto-to-Fiat Innovation for Everyday Use

    By being compatible with both Solana and Ethereum, Remittix reasserts itself as a cross-chain DeFi project on the cusp of mass adoption. It is a direct answer to growing interest in crypto that addresses real-life problems, offering low gas fee crypto projects that are easy to use, fast and secure.

    As the beta launch draws near, Remittix continues to gain traction among traders seeking the next 100x crypto and upcoming crypto projects with practical utility.

    Find out more about Remittix at the:

    Remittix Website

    Whitepaper & Presale Info

    Watch Wallet Preview on YouTube

    Contact:
    Andy Černý
    andy@remittix.io

    Disclaimer: This content is provided by Remittix. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5e8fe7dc-2e7a-472b-ad98-14e469247404

    The MIL Network

  • MIL-OSI: Click Holdings Limited (CLIK) Secures Landmark HK$21.6 Million Government Contract with Major Hong Kong Postal Service Provider

    Source: GlobeNewswire (MIL-OSI)

    Hong Kong, July 14, 2025 (GLOBE NEWSWIRE) — Click Holdings Limited (“Click Holdings” or “Click” or “we” or “us”, NASDAQ: CLIK) and its subsidiaries (collectively, the “Company”), a leading human resources and senior care solutions provider based in Hong Kong, announced it has been recently awarded a three-year, HK$21.6 million contract by a prominent Hong Kong government-affiliated postal and courier service provider. The contract, marking Click’s first successful government tender, engages the Company to provide staffing solutions for warehouse operations near Hong Kong International Airport, supporting critical air courier logistics. With monthly billing of approximately HK$600,000, this agreement underscores Click’s growing recognition as a trusted partner in the public sector.

    This milestone reflects Click’s robust market position and the strength of its proprietary AI-powered HR platform, which connects over 300 vacancies with registered freelancers, daily. The Company’s talent pool continues to expand at a rate of over 40% annual growth rate annually, enabling efficient matching of skilled professionals with dynamic workforce needs. The contract with the postal service provider is projected to drive a 25% revenue increase for Click, establishing a stable income stream and reinforcing its strategic focus on securing government tenders.

    “We are honored to partner with a leading postal and courier service provider in Hong Kong in this landmark contract, which validates our innovative approach to staffing solutions,” said Jeffrey Chan, Chief Executive Officer of Click. “Our AI-driven platform not only streamlines workforce deployment but also positions us to meet the evolving demands of government and private sector clients. We anticipate further opportunities to serve public institutions, fostering sustainable growth for our business.”

    Click’s embrace of artificial intelligence extends beyond recruitment, enhancing operational efficiency across its services. By integrating AI into daily operations, the Company expects to optimize output while reducing reliance on permanent roles. This shift is poised to increase demand for short-term vacancies, aligning with Click’s expertise in connecting freelancers with flexible job opportunities. As a result, Click is well-positioned to capitalize on emerging market trends, delivering value to clients and stakeholders alike.

    About Click Holdings Limited (CLIK)

    Click Holdings Limited (NASDAQ: CLIK) is a Hong Kong-based leader in AI-powered human resources and senior care solutions. Through its proprietary platform, CLIK connects clients with a talent pool of over 20,500 professionals, serving nursing, logistics, and professional services sectors.

    For more information, please visit https://clicksc.com.hk.

    Safe Harbor Statement

    This press release contains forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC, which are available for review at www.sec.gov.

    For enquiry, please contact:

    Click Holdings Limited
    Unit 1709-11, 17/F
    Tower 2, The Gateway
    Harbour City, Kowloon
    Hong Kong
    Email: jack.wong@jfy.hk
    Phone: +852 2691 8200

    The MIL Network

  • MIL-OSI: Quartus Capital Partners is Delighted to Announce the Final Closing of Quartus AI Fund LP with $50 Million Plus in Commitments

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 14, 2025 (GLOBE NEWSWIRE) — Quartus Capital Partners LLC is delighted to announce the final closing of Quartus AI Fund LP with $50 million plus in commitments. The firm attracted a diverse set of LPs, including endowments, foundations, RIAs and family offices.

    “This fund was built around one simple idea: the future of business and society will be defined by AI that works,” said Afzal M. Tarar, Founder and Managing Partner of Quartus. “We invest in growth-stage AI and technology ventures and scale them into market leaders of the future that drive innovation, performance and impact.”

    While fundraising, the Fund has deployed capital into a curated portfolio of 9 AI and technology ventures across sectors including healthcare, education, security and logistics. The Fund is benchmarked by Cambridge Associates and has been in the top quartile for net IRR and TVPI for most of the past 2 plus years.

    With the Fund’s final closing, the firm is turning its attention to deploying the remaining capital and harvesting the Fund.

    About Quartus Capital Partners
    Quartus Capital Partners LLC is an AI and technology investment firm with partner presence in New York City, Miami, Silicon Valley and Asia. The firm is led by AI pioneers, technologists, and seasoned operators.  It invests in growth-stage ventures and scales them into market leaders that drive innovation, performance, and impact.

    Media Contact:
    Afzal M. Tarar
    Founder and Managing Partner
    afzal@quartuscap.com

    The MIL Network

  • MIL-OSI Security: AMC forces launch for DLE 2025 to elevate rapid global mobility

    Source: United States Air Force

    Spanning more than 3,000 miles, this exercise will provide the opportunity for Airmen in multiple nations to work alongside allies and partners. Together, they will employ new concepts of operations in a realistic environment, delivering invaluable training for the joint force and showcasing rapid global mobility. 

    MIL Security OSI

  • MIL-OSI Security: Sylmar Man Sentenced to Life in Federal Prison for Multiple Crimes Against Multiple Minor Victims

    Source: US FBI

    A San Fernando Valley man has been sentenced to life in federal prison after pleading guilty to four counts of child exploitation, including possession, distribution and production of child pornography, as well as coercion and enticement of a minor to engage in sex, the FBI announced today.

    Edwin Bernard, 79, of Sylmar, was sentenced on Thursday to life in prison by the Honorable Josephine L. Staton, United States District Court judge. A restitution hearing is scheduled for October 9.

    According to sentencing documents filed with the court, Bernard sought out vulnerable boys online, groomed and engaged them romantically, and then induced them to engage in sexually explicit behavior at his direction from at least 2009 to 2014.

    Bernard screen recorded at least two victims, capturing their written communications and sexual acts on video. Bernard sexually abused a third victim in person and amassed child sexual abuse material (CSAM) for years, resulting in a collection of more than 115,000 suspected CSAM files on his devices.

    By at least 2009, Bernard served as a moderator under the usernames “netzoomer” and “netzoomer16” on websites where men seek to engage sexually with minor boys. Through this connection, Bernard met a 14-year-old victim and instructed the victim to perform sex acts, including cutting to the point of bleeding, which Bernard recorded on at least two occasions without the victim’s permission or knowledge.

    Edwin Bernard has been sentenced to life in prison on multiple counts related to child exploitation. Based on Bernard’s criminal history and conviction of abusing minors, the FBI believes he may have additional victims who have not yet been identified. His photo is, therefore, being released and anyone who believes they were victimized or who has information about a victim, is urged to contact the FBI. The FBI can be reached at 1 800 CALL-FBI.

    Bernard’s exploitation extended beyond digital communications. In 2011, the defendant met another minor victim online and befriended him, later grooming him to provide him with nude photos. In March 2014, when the victim was 16 years old, Bernard flew from California to another state where the victim boy resided and rented a hotel room where he took the victim. After instructing the victim to undress, Bernard raped him.

    From 2016 to 2018, Bernard encouraged others to engage in the abuse of children; specifically, Michael Rushmer, with whom Bernard discussed Rushmer’s sexual exploitation of a 13-year-old boy. Rushmer was arrested by the FBI and pleaded guilty in August 2019 in U.S. District Court in Binghamton, New York, to producing CSAM and engaging in sex with a minor. Rushmer is serving a 25-year federal prison sentence for his crimes.

    On December 5, 2019, the FBI executed a federal search warrant at Bernard’s home and seized digital devices, one of which contained more than 38,000 files of suspected child pornography and nearly 40,000 files of suspected child erotica. In total, the FBI identified more than 115,000 files as containing suspected CSAM across Bernard’s devices. Bernard was ultimately arrested and pleaded guilty in February 2025.

    The National Center for Missing and Exploited Children (NCMEC) identified at least 207 real children whose sexual abuse was depicted in images and videos the defendant possessed. There were multiple videos and images depicting infants and toddlers, as well as masochistic sexual conduct involving children under the age of 12. Based on an analysis of the metadata, Bernard had been collecting CSAM files for over a decade.

    Based on Bernard’s criminal history and conviction of abusing minors, the FBI believes he may have additional victims who have not yet been identified. His photo is, therefore, being released and anyone who believes they were victimized or who has information about a victim, is urged to contact the FBI. The FBI can be reached at 1 800 CALL-FBI.

    This investigation was conducted by the FBI and was prosecuted by Assistant United States Attorneys Diane Roldán and Suria Bahadue.

    MIL Security OSI

  • MIL-OSI: Mark Cuban Foundation and Girls Inc. Bring Free AI Bootcamp to San Antonio Teens

    Source: GlobeNewswire (MIL-OSI)

    SAN ANTONIO, July 14, 2025 (GLOBE NEWSWIRE) — Time is running out to apply to participate in the Mark Cuban Foundation Artificial Intelligence (AI) Bootcamp hosted by Girls Inc. in San Antonio. Applications for the no-cost bootcamp are closing September 30.

    The Mark Cuban Foundation, in partnership with Girls Inc. is bringing the only artificial intelligence (AI) camp of its kind, free of charge, to high school students in San Antonio. With a custom and highly-relevant curriculum focused on teaching students about the latest developments in the world of AI and Generative AI, the camp will provide the tools to make these technologies work for them and promises to educate, inspire and fuel the next generation of AI professionals.

    The program aims to provide students with a foundational understanding of artificial intelligence and its applications to future careers. Students can select from six tracks: healthcare, arts and entertainment, business and entrepreneurship, computer science, sports science, or education and career readiness. Driven by the belief that fostering interest in AI at a young age is crucial for preparing the next generation for their future, the AI Bootcamps are introductory and accessible to students in 9-12 grade with an interest in technology. Students do not need any familiarity with computer science or programming to attend.

    This free AI Bootcamp is hosted for underserved high school students with a transparent focus on recruiting girls, students of color, first generation college students, and those from low to moderate income households. The AI Bootcamp Program provides students with lunch and a snack, transportation assistance, and technology equipment during bootcamp.

    “As AI continues to become an undeniable force in all of our lives, it’s crucial that we open the door to this knowledge, especially to young people who want to explore it,” said Mark Cuban, founder. “While technology expands and becomes more advanced, it becomes more critical that we ensure our students are prepared when they apply for schools or jobs in the future. Thanks to our work with Girls Inc., the bootcamp will offer an avenue to explore this fascinating field of technology to any student, no matter their means.”

    This year’s bootcamp, taking place in San Antonio on November 1st, 8th, and 15th is hosted and staffed by Girls Inc., a national nonprofit organization dedicated to inspiring all girls to be strong, smart, and bold. Founded in 1864, Girls Inc. is the nation’s longest-running girls’ leadership organization, providing mentorship, safe environments, and research-based programs that help girls build confidence, develop leadership skills, and achieve academic and personal success.

    Girls Inc. is one of more than 25 host companies selected to host camps across the U.S.

    “Partnering with the Mark Cuban Foundation on this AI Bootcamp is a game-changer for the girls we serve. At Girls Inc., we are committed to equipping young women with the durable skills they need to succeed, not just in tech, but in any career they choose,” said Lea Rosenauer, President & CEO, Girls Inc. of San Antonio. “This program doesn’t just introduce our girls to cutting-edge technology — it empowers them to see themselves as future innovators, leaders, and problem-solvers in AI and beyond. Together, we’re creating access to opportunity and breaking barriers for girls in our community.”

    There are just 11 weeks left until the September 30 deadline. Do not miss your chance—submit your application now, as spaces are limited.

    Apply for the bootcamp at: markcubanai.org.

    Watch Mark Cuban’s message about Mark Cuban Foundation’s AI bootcamps and access the full media kit here.

    To learn more, visit markcubanai.org.

    This bootcamp is facilitated with support from Mark Cuban Foundation AI Bootcamp Program’s media partner, Notified, a globally trusted technology partner for investor relations, public relations and marketing professionals.

    About Mark Cuban Foundation’s AI Bootcamp Initiative
    The Mark Cuban Foundation is a 501(c)(3) private non-profit led by entrepreneur and investor Mark Cuban. The AI Bootcamps Program at MCF seeks to inspire young people with emerging technology so that they can create more equitable futures for themselves and their communities. Over 3 consecutive Saturdays underserved 9th – 12th grade students learn what AI is and isn’t, where they already interact with AI in their own lives, the ethical implications of AI systems, and much more. Learn more about the no-cost AI Bootcamp program at markcubanai.org.

    About Girls Inc.

    Girls Inc. of San Antonio is a local affiliate of the National Girls Inc. organization, which works with schools and communities across the United States and Canada to help youth prepare for their futures and reach their full potential. Our evidence-based programming is proven to make a measurable difference in the lives of girls. We work to advance the rights and opportunities of girls and young women through public policy and advocacy. Together with partners and supporters, Girls Inc. inspires all girls to be strong, smart, and bold.

    The MIL Network

  • MIL-OSI: Mark Cuban Foundation and Girls Inc. Bring Free AI Bootcamp to San Antonio Teens

    Source: GlobeNewswire (MIL-OSI)

    SAN ANTONIO, July 14, 2025 (GLOBE NEWSWIRE) — Time is running out to apply to participate in the Mark Cuban Foundation Artificial Intelligence (AI) Bootcamp hosted by Girls Inc. in San Antonio. Applications for the no-cost bootcamp are closing September 30.

    The Mark Cuban Foundation, in partnership with Girls Inc. is bringing the only artificial intelligence (AI) camp of its kind, free of charge, to high school students in San Antonio. With a custom and highly-relevant curriculum focused on teaching students about the latest developments in the world of AI and Generative AI, the camp will provide the tools to make these technologies work for them and promises to educate, inspire and fuel the next generation of AI professionals.

    The program aims to provide students with a foundational understanding of artificial intelligence and its applications to future careers. Students can select from six tracks: healthcare, arts and entertainment, business and entrepreneurship, computer science, sports science, or education and career readiness. Driven by the belief that fostering interest in AI at a young age is crucial for preparing the next generation for their future, the AI Bootcamps are introductory and accessible to students in 9-12 grade with an interest in technology. Students do not need any familiarity with computer science or programming to attend.

    This free AI Bootcamp is hosted for underserved high school students with a transparent focus on recruiting girls, students of color, first generation college students, and those from low to moderate income households. The AI Bootcamp Program provides students with lunch and a snack, transportation assistance, and technology equipment during bootcamp.

    “As AI continues to become an undeniable force in all of our lives, it’s crucial that we open the door to this knowledge, especially to young people who want to explore it,” said Mark Cuban, founder. “While technology expands and becomes more advanced, it becomes more critical that we ensure our students are prepared when they apply for schools or jobs in the future. Thanks to our work with Girls Inc., the bootcamp will offer an avenue to explore this fascinating field of technology to any student, no matter their means.”

    This year’s bootcamp, taking place in San Antonio on November 1st, 8th, and 15th is hosted and staffed by Girls Inc., a national nonprofit organization dedicated to inspiring all girls to be strong, smart, and bold. Founded in 1864, Girls Inc. is the nation’s longest-running girls’ leadership organization, providing mentorship, safe environments, and research-based programs that help girls build confidence, develop leadership skills, and achieve academic and personal success.

    Girls Inc. is one of more than 25 host companies selected to host camps across the U.S.

    “Partnering with the Mark Cuban Foundation on this AI Bootcamp is a game-changer for the girls we serve. At Girls Inc., we are committed to equipping young women with the durable skills they need to succeed, not just in tech, but in any career they choose,” said Lea Rosenauer, President & CEO, Girls Inc. of San Antonio. “This program doesn’t just introduce our girls to cutting-edge technology — it empowers them to see themselves as future innovators, leaders, and problem-solvers in AI and beyond. Together, we’re creating access to opportunity and breaking barriers for girls in our community.”

    There are just 11 weeks left until the September 30 deadline. Do not miss your chance—submit your application now, as spaces are limited.

    Apply for the bootcamp at: markcubanai.org.

    Watch Mark Cuban’s message about Mark Cuban Foundation’s AI bootcamps and access the full media kit here.

    To learn more, visit markcubanai.org.

    This bootcamp is facilitated with support from Mark Cuban Foundation AI Bootcamp Program’s media partner, Notified, a globally trusted technology partner for investor relations, public relations and marketing professionals.

    About Mark Cuban Foundation’s AI Bootcamp Initiative
    The Mark Cuban Foundation is a 501(c)(3) private non-profit led by entrepreneur and investor Mark Cuban. The AI Bootcamps Program at MCF seeks to inspire young people with emerging technology so that they can create more equitable futures for themselves and their communities. Over 3 consecutive Saturdays underserved 9th – 12th grade students learn what AI is and isn’t, where they already interact with AI in their own lives, the ethical implications of AI systems, and much more. Learn more about the no-cost AI Bootcamp program at markcubanai.org.

    About Girls Inc.

    Girls Inc. of San Antonio is a local affiliate of the National Girls Inc. organization, which works with schools and communities across the United States and Canada to help youth prepare for their futures and reach their full potential. Our evidence-based programming is proven to make a measurable difference in the lives of girls. We work to advance the rights and opportunities of girls and young women through public policy and advocacy. Together with partners and supporters, Girls Inc. inspires all girls to be strong, smart, and bold.

    The MIL Network

  • MIL-OSI China: China issues 12.92 trillion yuan in new loans in H1

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

    China issued 12.92 trillion yuan (about 1.81 trillion U.S. dollars) in new yuan-denominated loans in the first half of the year, the central bank data showed on Monday.

    At the end of June, outstanding yuan loans amounted to 268.56 trillion yuan, up 7.1 percent year on year, according to the People’s Bank of China.

    In the first six months, household loans increased by 1.17 trillion yuan, while loans to enterprises increased by 11.57 trillion yuan.

    The M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 8.3 percent year on year to 330.29 trillion yuan at the end of June.

    The M1, which covers cash in circulation, demand deposits and clients’ reserves of non-banking payment institutions, stood at 113.95 trillion yuan at the end of June, up 4.6 percent year on year.

    The M0, which indicates the amount of cash in circulation, reached 13.18 trillion yuan at the end of June, an increase of 12 percent year on year.

    In the first six months, the net cash injection hit 363.3 billion yuan.

    Deposits in yuan rose by 17.94 trillion yuan in the first six months. The balance of deposits in yuan climbed 8.3 percent year on year to 320.17 trillion yuan at the end of June.

    In the first half of the year, the newly added social financing amounted to 22.83 trillion yuan, representing a 4.74 trillion yuan increase year on year. 

    MIL OSI China News

  • MIL-OSI China: China expands trade network amid protectionism

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

    Facing unilateralism and protectionism, China has continued to broaden its global trade network in the first half of this year, said a China Customs official Monday. The country’s trade volume with Africa and Central Asia grew 14.4% and 13.8%, respectively.

    MIL OSI China News

  • MIL-OSI Economics: RBI to conduct 3-day Variable Rate Reverse Repo (VRRR) auction under LAF on July 15, 2025

    Source: Reserve Bank of India

    On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on July 15, 2025, Tuesday, as under:

    Sl. No. Notified Amount
    (₹ crore)
    Tenor
    (day)
    Window Timing Date of Reversal
    1 1,00,000 3 10:00 AM to 10:30 AM July 18, 2025
    (Friday)

    2. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the same.

    Ajit Prasad           
    Deputy General Manager
    (Communications)    

    Press Release: 2025-2026/712

    MIL OSI Economics

  • MIL-OSI Economics: RBI to conduct 3-day Variable Rate Reverse Repo (VRRR) auction under LAF on July 15, 2025

    Source: Reserve Bank of India

    On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on July 15, 2025, Tuesday, as under:

    Sl. No. Notified Amount
    (₹ crore)
    Tenor
    (day)
    Window Timing Date of Reversal
    1 1,00,000 3 10:00 AM to 10:30 AM July 18, 2025
    (Friday)

    2. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the same.

    Ajit Prasad           
    Deputy General Manager
    (Communications)    

    Press Release: 2025-2026/712

    MIL OSI Economics

  • MIL-OSI Economics: RBI to conduct 3-day Variable Rate Reverse Repo (VRRR) auction under LAF on July 15, 2025

    Source: Reserve Bank of India

    On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on July 15, 2025, Tuesday, as under:

    Sl. No. Notified Amount
    (₹ crore)
    Tenor
    (day)
    Window Timing Date of Reversal
    1 1,00,000 3 10:00 AM to 10:30 AM July 18, 2025
    (Friday)

    2. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the same.

    Ajit Prasad           
    Deputy General Manager
    (Communications)    

    Press Release: 2025-2026/712

    MIL OSI Economics

  • MIL-OSI Banking: Republic of Estonia: 2025 Article IV Consultation-Press Release; and Staff Report

    Source: International Monetary Fund

    Summary

    The Estonian economy is slowly re-emerging from a prolonged downturn but faces structural challenges. Wages growing faster than productivity and permanent increases in input costs, a legacy of previous shocks, are hindering price-sensitive activities, while production with higher technological content is constrained by lack of skilled labor and limited access to capital markets. Geopolitical developments, rising defense spending needs, and preexisting fiscal imbalances pose significant hurdles.

    Subject: Defense spending, Expenditure, External debt, Fiscal policy, Fiscal stance, Income, Inflation, National accounts, Personal income tax, Prices, Public debt, Revenue administration, Taxes

    Keywords: Anti-money laundering and combating the financing of terrorism (AML/CFT), Defense spending, Fiscal stance, Income, Inflation, Personal income tax

    MIL OSI Global Banks

  • MIL-OSI Economics: Iraq: 2025 Article IV Consultation-Press Release; Staff Report; and Informational Annex

    Source: International Monetary Fund

    Summary

    Iraq has managed to uphold domestic stability despite regional turmoil. However, rapid expansion of spending and emerging financing constraints led to arrears accumulation in 2024. These challenges are now compounded by declining oil prices in a highly uncertain global environment, further aggravating fiscal and external sustainability risks. At the same time, the country is struggling with lingering structural economic challenges, including high unemployment, excessive state footprint, a weak banking sector, corruption, and an inefficient electricity sector.

    MIL OSI Economics

  • MIL-OSI Economics: OEUK news OEUK response to NESO’s Future Energy Scenarios 14 July 2025

    Source: Offshore Energy UK

    Headline: OEUK news

    OEUK response to NESO’s Future Energy Scenarios

    14 July 2025

    Accessibility Statement

    • oeuk.org.uk
    • 14 July 2025

    Compliance status

    We firmly believe that the internet should be available and accessible to anyone, and are committed to providing a website that is accessible to the widest possible audience, regardless of circumstance and ability.

    To fulfill this, we aim to adhere as strictly as possible to the World Wide Web Consortium’s (W3C) Web Content Accessibility Guidelines 2.1 (WCAG 2.1) at the AA level. These guidelines explain how to make web content accessible to people with a wide array of disabilities. Complying with those guidelines helps us ensure that the website is accessible to all people: blind people, people with motor impairments, visual impairment, cognitive disabilities, and more.

    This website utilizes various technologies that are meant to make it as accessible as possible at all times. We utilize an accessibility interface that allows persons with specific disabilities to adjust the website’s UI (user interface) and design it to their personal needs.

    Additionally, the website utilizes an AI-based application that runs in the background and optimizes its accessibility level constantly. This application remediates the website’s HTML, adapts Its functionality and behavior for screen-readers used by the blind users, and for keyboard functions used by individuals with motor impairments.

    If you’ve found a malfunction or have ideas for improvement, we’ll be happy to hear from you. You can reach out to the website’s operators by using the following email [email protected]

    Screen-reader and keyboard navigation

    Our website implements the ARIA attributes (Accessible Rich Internet Applications) technique, alongside various different behavioral changes, to ensure blind users visiting with screen-readers are able to read, comprehend, and enjoy the website’s functions. As soon as a user with a screen-reader enters your site, they immediately receive a prompt to enter the Screen-Reader Profile so they can browse and operate your site effectively. Here’s how our website covers some of the most important screen-reader requirements, alongside console screenshots of code examples:

    1. Screen-reader optimization: we run a background process that learns the website’s components from top to bottom, to ensure ongoing compliance even when updating the website. In this process, we provide screen-readers with meaningful data using the ARIA set of attributes. For example, we provide accurate form labels; descriptions for actionable icons (social media icons, search icons, cart icons, etc.); validation guidance for form inputs; element roles such as buttons, menus, modal dialogues (popups), and others. Additionally, the background process scans all the website’s images and provides an accurate and meaningful image-object-recognition-based description as an ALT (alternate text) tag for images that are not described. It will also extract texts that are embedded within the image, using an OCR (optical character recognition) technology. To turn on screen-reader adjustments at any time, users need only to press the Alt+1 keyboard combination. Screen-reader users also get automatic announcements to turn the Screen-reader mode on as soon as they enter the website.

      These adjustments are compatible with all popular screen readers, including JAWS and NVDA.

    2. Keyboard navigation optimization: The background process also adjusts the website’s HTML, and adds various behaviors using JavaScript code to make the website operable by the keyboard. This includes the ability to navigate the website using the Tab and Shift+Tab keys, operate dropdowns with the arrow keys, close them with Esc, trigger buttons and links using the Enter key, navigate between radio and checkbox elements using the arrow keys, and fill them in with the Spacebar or Enter key.Additionally, keyboard users will find quick-navigation and content-skip menus, available at any time by clicking Alt+1, or as the first elements of the site while navigating with the keyboard. The background process also handles triggered popups by moving the keyboard focus towards them as soon as they appear, and not allow the focus drift outside it.

      Users can also use shortcuts such as “M” (menus), “H” (headings), “F” (forms), “B” (buttons), and “G” (graphics) to jump to specific elements.

    Disability profiles supported in our website

    • Epilepsy Safe Mode: this profile enables people with epilepsy to use the website safely by eliminating the risk of seizures that result from flashing or blinking animations and risky color combinations.
    • Visually Impaired Mode: this mode adjusts the website for the convenience of users with visual impairments such as Degrading Eyesight, Tunnel Vision, Cataract, Glaucoma, and others.
    • Cognitive Disability Mode: this mode provides different assistive options to help users with cognitive impairments such as Dyslexia, Autism, CVA, and others, to focus on the essential elements of the website more easily.
    • ADHD Friendly Mode: this mode helps users with ADHD and Neurodevelopmental disorders to read, browse, and focus on the main website elements more easily while significantly reducing distractions.
    • Blindness Mode: this mode configures the website to be compatible with screen-readers such as JAWS, NVDA, VoiceOver, and TalkBack. A screen-reader is software for blind users that is installed on a computer and smartphone, and websites must be compatible with it.
    • Keyboard Navigation Profile (Motor-Impaired): this profile enables motor-impaired persons to operate the website using the keyboard Tab, Shift+Tab, and the Enter keys. Users can also use shortcuts such as “M” (menus), “H” (headings), “F” (forms), “B” (buttons), and “G” (graphics) to jump to specific elements.

    Additional UI, design, and readability adjustments

    1. Font adjustments – users, can increase and decrease its size, change its family (type), adjust the spacing, alignment, line height, and more.
    2. Color adjustments – users can select various color contrast profiles such as light, dark, inverted, and monochrome. Additionally, users can swap color schemes of titles, texts, and backgrounds, with over seven different coloring options.
    3. Animations – person with epilepsy can stop all running animations with the click of a button. Animations controlled by the interface include videos, GIFs, and CSS flashing transitions.
    4. Content highlighting – users can choose to emphasize important elements such as links and titles. They can also choose to highlight focused or hovered elements only.
    5. Audio muting – users with hearing devices may experience headaches or other issues due to automatic audio playing. This option lets users mute the entire website instantly.
    6. Cognitive disorders – we utilize a search engine that is linked to Wikipedia and Wiktionary, allowing people with cognitive disorders to decipher meanings of phrases, initials, slang, and others.
    7. Additional functions – we provide users the option to change cursor color and size, use a printing mode, enable a virtual keyboard, and many other functions.

    Browser and assistive technology compatibility

    We aim to support the widest array of browsers and assistive technologies as possible, so our users can choose the best fitting tools for them, with as few limitations as possible. Therefore, we have worked very hard to be able to support all major systems that comprise over 95% of the user market share including Google Chrome, Mozilla Firefox, Apple Safari, Opera and Microsoft Edge, JAWS and NVDA (screen readers).

    Notes, comments, and feedback

    Despite our very best efforts to allow anybody to adjust the website to their needs. There may still be pages or sections that are not fully accessible, are in the process of becoming accessible, or are lacking an adequate technological solution to make them accessible. Still, we are continually improving our accessibility, adding, updating and improving its options and features, and developing and adopting new technologies. All this is meant to reach the optimal level of accessibility, following technological advancements. For any assistance, please reach out to [email protected]

    MIL OSI Economics

  • MIL-OSI: Oportun Enters Cooperation Agreement with Findell Capital

    Source: GlobeNewswire (MIL-OSI)

    SAN CARLOS, Calif., July 14, 2025 (GLOBE NEWSWIRE) — Oportun Financial Corporation (Nasdaq: OPRT) (“Oportun” or the “Company”), a mission-driven financial services company, today announced it has entered into a multi-year cooperation agreement (the “Agreement”) with Findell Capital Management LLC (collectively with its affiliates, “Findell”) to end the contested director election.

    Under the terms of the Agreement, Findell has agreed to support and vote in favor of Oportun’s nominees, CEO Raul Vazquez and Carlos Minetti, at the 2025 Annual Meeting of Stockholders (the “Annual Meeting”) and the Oportun Board of Directors (the “Board”) has agreed to appoint Warren Wilcox to the Board as a Class III director following the Annual Meeting, with a term expiring at the Company’s 2028 Annual Meeting of Stockholders. Following the appointment of Mr. Wilcox, the Board will consist of nine directors. One incumbent director will retire at or before Oportun’s 2026 Annual Meeting of Stockholders.

    In connection with the Agreement, Findell has agreed to withdraw its notice of intent to nominate a director candidate for election to the Board at the Annual Meeting. The Agreement also contains customary standstill and non-disparagement provisions and voting commitments, and will remain in effect until 15 days before the nomination deadline for the Company’s 2028 Annual Meeting.

    The foregoing summary of the Agreement does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the Agreement, which will be filed as an exhibit to a Current Report on Form 8-K with the U.S. Securities and Exchange Commission (the “SEC”).

    About Oportun 

    Oportun (Nasdaq: OPRT) is a mission-driven financial services company that puts its members’ financial goals within reach. With intelligent borrowing, savings, and budgeting capabilities, Oportun empowers members with the confidence to build a better financial future. Since inception, Oportun has provided more than $20.3 billion in responsible and affordable credit, saved its members more than $2.4 billion in interest and fees, and helped its members set aside an average of more than $1,800 annually. For more information, visit Oportun.com

    Cautionary Statement on Forward-Looking Statements  

    Certain statements in this communication are “forward-looking statements.” These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained in this communication, including statements as to the operation of the Agreement, are forward-looking statements. These statements can be generally identified by terms such as “expect,” “plan,” “goal,” “target,” “anticipate,” “assume,” “predict,” “project,” “outlook,” “continue,” “due,” “may,” “believe,” “seek,” or “estimate” and similar expressions or the negative versions of these words or comparable words, as well as future or conditional verbs such as “will,” “should,” “would,” “likely” and “could.” These statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. We have based these forward-looking statements on our current expectations and projections about future events, financial trends and risks and uncertainties that we believe may affect our business, financial condition and results of operations. These risks and uncertainties include those risks described in our filings with the SEC, including our most recent annual report on Form 10-K for the year ended December 31, 2024, as well as our subsequent filings with the SEC. These forward-looking statements speak only as of the date on which they are made and, except to the extent required by federal securities laws, we disclaim any obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events, except as required by law. In light of these risks and uncertainties, there is no assurance that the events or results suggested by the forward-looking statements will in fact occur, and you should not place undue reliance on these forward-looking statements. 

    Investor Contact 
    Dorian Hare 
    (650) 590-4323 
    ir@oportun.com 

    Innisfree M&A Incorporated 
    Scott Winter / Gabrielle Wolf / Jonathan Kovacs 
    (212) 750-5833 

    Media Contact 
    FGS Global  
    John Christiansen / Bryan Locke 
    Oportun@fgsglobal.com 

    The MIL Network

  • MIL-OSI: Form 8.5 (EPT/RI) – Inspired Plc – AMENDMENT

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.5 (EPT/RI)

    PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY
    Rule 8.5 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)        Name of exempt principal trader: Shore Capital Stockbrokers Ltd
    (b)        Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree
    Inspired Plc
    (c)        Name of the party to the offer with which exempt principal trader is connected: Inspired Plc
    (d)        Date dealing undertaken: 11 July 2025
    (e)        Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer? No

    2.        DEALINGS BY THE EXEMPT PRINCIPAL TRADER

    (a)        Purchases and sales

    Class of relevant security Purchases/ sales Total number of securities Highest price per unit paid/received Lowest price per unit paid/received
    Ordinary Purchases 148,508 80.1p 80.02p
    Ordinary Sales 180,899 80.445p 80.25p

    (b)        Derivatives transactions (other than option)

    Class of relevant security Product description
    e.g. CFD
    Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position
    Number of reference securities Price per unit
             

    (c)        Options transactions in respect of existing securities

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.
    Expiry date Option money paid/ received per unit
                   

    (ii)        Exercising

    Class of relevant security Product description
    e.g. call option
    Number of securities Exercise price per unit
           

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion
    Details Price per unit (if applicable)
           

    The currency of all prices and other monetary amounts should be stated.

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    3.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    If there are no such agreements, arrangements or understandings, state “none”

    None

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to:
    (i)        the voting rights of any relevant securities under any option; or
    (ii)        the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    None

    Date of disclosure: 14 July 2025
    Contact name: Laura Parmenter
    Telephone number: 0207 647 8154

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk. The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s dealing disclosure requirements on +44 (0)20 7638 0129.
    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network

  • MIL-OSI: Music Licensing, Inc. and Pro Music Rights Featured in Bloomberg News and Los Angeles Times Amid Industry Spotlight on Licensing Fees

    Source: GlobeNewswire (MIL-OSI)

    NAPLES, FL, July 14, 2025 (GLOBE NEWSWIRE) — Music Licensing, Inc. (OTC: SONG) and its wholly owned subsidiary, Pro Music Rights, were recently featured in Bloomberg News and the Los Angeles Times in connection with national coverage on the rising costs and growing complexity of music licensing for restaurants and bars. The coverage highlights Pro Music Rights as a leading innovator among performance rights organizations (PROs), positioned to modernize an industry long dominated by legacy structures.

    Industry Coverage Underscores Growing Demand for Reform

    The July 9, 2025 Bloomberg News article, “Restaurants, Bars Say They’re Getting Squeezed by Rising Music Licensing Costs,” and the July 11, 2025 Los Angeles Times article, “Restaurants, bars consider turning off music as licensing fees skyrocket,” detailed the operational challenges faced by small and mid-sized businesses as they navigate a fragmented licensing environment. In both features, Pro Music Rights was profiled as a scalable, technology-forward alternative that is reshaping performance rights licensing through transparency and accessibility.

    Redefining the Licensing Model with Transparency and Efficiency

    Established in 2018, Pro Music Rights has introduced a modernized, business-friendly licensing framework that aligns cost with clarity and usage:

    • Flat Monthly Rate: A consistent $50 per location simplifies budgeting and ensures affordability across business segments.
    • Usage-Based Structure: Fees are capped at $0.01 and assessed only on the percentage of music represented by Pro Music Rights, eliminating arbitrary overcharges.
    • Clear, Accessible Terms: The company avoids hidden costs, exclusivity arrangements, and convoluted agreements, promoting long-term trust and compliance.

    This approach offers a differentiated value proposition in a sector historically criticized for opacity and inconsistent enforcement.

    Market Share, Artist Representation, and Platform Integration

    Pro Music Rights commands an estimated 7.4% share of the U.S. performance rights market, representing a growing catalog of more than 2.5 million works, including music composed with the use of artificial intelligence. Its artist roster includes major names such as A$AP Rocky, Wiz Khalifa, Pharrell, Nipsey Hussle, 2 Chainz, Gucci Mane, Fall Out Boy, Lil Yachty, Soulja Boy, Trinidad James, Lil Uzi Vert, MoneyBagg Yo, Sauce Walka, Larry June, Young Dolph, and many others.

    The catalog is licensed to a wide range of global platforms, including TikTok, iHeartMedia, Triller, Napster, Vevo, 7Digital, and others, reinforcing the company’s commercial relevance and strategic licensing reach.

    Diversified Intellectual Property Portfolio

    Beyond its performance rights operation, Music Licensing, Inc. maintains a diversified and revenue-generating intellectual property portfolio. Assets include royalty interests tied to Listerine® Mouthwash and musical works performed by globally recognized artists such as The Weeknd, Justin Bieber, Kanye West, Elton John, Rihanna, Lil Nas X, Miley Cyrus, XXXTentacion, Lil Wayne, Mike Posner, DaBaby, and others.

    This asset mix reflects a strategic focus on acquiring, monetizing, and scaling high-value IP with recurring income potential.

    Commitment to Regulatory Engagement and Structural Reform

    Music Licensing, Inc. and Pro Music Rights continue to work closely with the U.S. Copyright Office and relevant industry stakeholders to advocate for reforms that foster transparency, accountability, and competitive balance in the music licensing ecosystem. This engagement underscores a broader vision for long-term sustainability and operational excellence across all facets of music rights management.

    About Music Licensing, Inc. (OTC: SONG) (ProMusicRights.com)

    About Music Licensing, Inc. (OTC:SONG)  (ProMusicRights.com)

    Music Licensing, Inc. (OTC: SONG), also known as Pro Music Rights, is a diversified holding company and the fifth public performance rights organization (PRO) established in the United States. It is recognized under the federal registry of the United States government. The company licenses music to some of the most prominent platforms and businesses, including TikTok, iHeartMedia, Triller, Napster, 7Digital, Vevo, and many others.

    Pro Music Rights holds an estimated 7.4% market share in the United States, representing a catalog of more than 2.5 million works by notable artists such as A$AP Rocky, Wiz Khalifa, Pharrell, Young Jeezy, Juelz Santana, Lil Yachty, MoneyBagg Yo, Larry June, Trae Pound, Sauce Walka, Trae Tha Truth, Sosamann, Soulja Boy, Lex Luger, Trauma Tone, Lud Foe, SlowBucks, Gunplay, OG Maco, Rich The Kid, Fat Trel, Young Scooter, Nipsey Hussle, Famous Dex, Boosie Badazz, Shy Glizzy, 2 Chainz, Migos, Gucci Mane, Young Dolph, Trinidad James, Chingy, Lil Gnar, 3OhBlack, Curren$y, Fall Out Boy, Money Man, Dej Loaf, Lil Uzi Vert, and many others, including works generated by artificial intelligence (AI).

    Additionally, Music Licensing, Inc. (OTC: SONG) holds royalty interests in Listerine “Mouthwash” Antiseptic and a vast portfolio of musical works by globally renowned artists, including The Weeknd, Justin Bieber, Kanye West, Elton John, Mike Posner, blackbear, Lil Nas X, Lil Yachty, DaBaby, Stunna 4 Vegas, Miley Cyrus, Lil Wayne, XXXTentacion, BlueFace, The Game, Jeremih, Ty Dolla $ign, Eric Bellinger, Ne-Yo, MoneyBagg Yo, Halsey, Desiigner, DaniLeigh, Rihanna, and many others.

    Forward-Looking Statements:

    This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Music Licensing, Inc. & Pro Music Rights, Inc. to accomplish its stated plan of business. Music Licensing, Inc. & Pro Music Rights, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by Pro Music Rights, Inc., Music Licensing, Inc., or any other person.

    Non-Legal Advice Disclosure:

    This press release does not constitute legal advice, and readers are advised to seek legal counsel for any legal matters or questions related to the content herein.

    Non-Investment Advice Disclosure:

    This communication is intended solely for informational purposes and does not in any way imply or constitute a recommendation or solicitation for the purchase or sale of any securities, commodities, bonds, options, derivatives, or any other investment products. Any decisions related to investments should be made after thorough research and consultation with a qualified financial advisor or professional. We assume no liability for any actions taken or not taken based on the information provided in this communication

    Contact: investors@ProMusicRights.com

    SOURCE: Music Licensing, Inc

    The MIL Network

  • MIL-OSI Russia: Kamchatka Breakthrough: Schoolchildren Design the Future with the Support of HSE and Business

    Translation. Region: Russian Federal

    Source: State University “Higher School of Economics” –

    An important disclaimer is at the bottom of this article.

    The site may not display correctly in older browser versions. For optimal site experience, we recommend using a modern browser.

    We use cookies to improve the HSE website and make it more convenient to use. More detailed information about the use of cookies can be foundHere, our rules for processing personal data are –Here. By continuing to use the site, you confirm that you have been informed of the use of cookies by the HSE website and agree with our rules for processing personal data. You can disable cookies in your browser settings.

    ABC ABC ABC A A A A A

    Regular version of the site

    Date

    July 14

    Headings

    The article mentions

    Persons

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • MIL-OSI United Nations: WHO urges roll-out of first long-acting HIV prevention jab

    Source: United Nations 2

    Injectable lenacapavir – LEN, for short – is a highly effective, long-acting antiretroviral alternative to daily oral pills and other shorter-acting options, according to the World Health Organization (WHO).

    “While an HIV vaccine remains elusive, lenacapavir is the next best thing: a long-acting antiretroviral shown in trials to prevent almost all HIV infections among those at risk,” said Tedros Adhanom Ghebreyesus, WHO Director-General.

    Test kit advantage

    WHO’s support for the injectable drug is significant because HIV prevention efforts are stagnating around the world.

    To make it easier for people to receive the injection close to home, the UN agency also recommends the use of rapid testing kits for the disease, as opposed to “complex, costly procedures”.

    According to the agency, 1.3 million people contracted HIV in 2024; people most impacted were sex workers, men who have sex with men, transgender people, people who inject drugs, people in prisons, and children and teens.

    “WHO is committed to working with countries and partners to ensure this innovation reaches communities as quickly and safely as possible,” insisted Tedros, in comments during the 13th International AIDS Society Conference (IAS 2025) on HIV Science, in Kigali, Rwanda.

    The recommendation for LEN is also in line with the US health authorities which approved it in June.

    Call for implementation

    Although access to the LEN injection remains limited outside clinical trials today, WHO urged governments, donors and partners to incorporate LEN “immediately” within national combination HIV-prevention programmes.

    Other WHO-supported HIV-prevention options include daily oral tablets, injectable cabotegravir – which is injected once every two months – and the dapivirine vaginal ring, as part of a growing number of tools to end the HIV epidemic.

    Funding dilemma

    Amid massive funding cuts to the global effort to end HIV-AIDS – including the leading US Government programme launched in 2003, PEPFAR, focusing on combating the disease in Africa – WHO also issued new operational guidance on how to sustain priority HIV services.

    “We have the tools and the knowledge to end AIDS…what we need now is bold implementation of these recommendations, grounded in equity and powered by communities,” said Dr Meg Doherty, Director of WHO’s Department of Global HIV, Hepatitis and STI Programmes and incoming Director of Science, Research, Evidence and Quality for Health.

    HIV remains a major global public health issue.

    By the end of 2024, an estimated 40.8 million people were living with HIV with an estimated 65 per cent in Africa. Approximately 630,000 people died from HIV-related causes globally, and an estimated 1.3 million people acquired HIV, including 120,000 children.

    More positively, access to HIV drugs continues to expand, with 31.6 million people receiving treatment in 2024, up from 30.3 million a year earlier. Without anti-retroviral medication, the HIV virus attacks the body’s immune system, leading ultimately to the onset of AIDS.

    MIL OSI United Nations News

  • Madhya Pradesh CM Courts UAE Investment During Dubai Visit, Secures Major Partnership Commitments

    Source: Government of India

    Source: Government of India (4)

    Madhya Pradesh Chief Minister Dr. Mohan Yadav, currently on a three-day visit to the UAE as part of his Dubai-Spain tour from July 13–19, is making strong headway in attracting international investments. His meetings with UAE officials and global investors have already yielded substantial commitments.

    On the second day of his Dubai visit, Dr. Yadav held in-depth talks with UAE Minister of State for Foreign Trade, Dr. Thani Bin Ahmed Al Zeyoudi, focusing on investment prospects under the India-UAE Comprehensive Economic Partnership Agreement (CEPA) and the I2U2 collaboration. He outlined Madhya Pradesh’s strengths, including its industrial infrastructure, supportive policies, and investor-friendly environment across sectors such as electric vehicles, textiles, pharmaceuticals, smart manufacturing, renewable energy, and food processing.

    Significant investment commitments have already been secured. Vinay Thadani, Director and CEO of Grew Solar, confirmed an existing investment of ₹3,000 crore in the state, with plans to scale it up to ₹10,000 crore, covering renewable energy, textiles, and other key sectors.

    Another key development came from Dr. Yadav’s meeting with Mukesh Vora, Chairman of the Jain International Trade Organisation (JITO). Both sides agreed to establish an MP-JITO investment platform in Dubai. The initiative will promote joint ventures in advanced manufacturing, logistics, and renewable energy, while also supporting skill development, MSME growth, and educational exchange.

    Highlighting the broad scope of his visit, the Chief Minister said, “We have been meeting with various stakeholders since morning, including embassy officials. We discussed how the Indian and MP governments can make doing business with foreign partners simpler.” He also mentioned plans to develop food parks, explore mining potential, and support industrial setups.

    Aviation also emerged as a focus area. Dr. Yadav noted efforts to boost flight connectivity and promote the state’s Air Ambulance service, with investor support under the Indian government’s guidance.

    Essa Sulaiman Ahmad, Emirates’ Senior Vice President for Commercial Operations, expressed strong interest in partnering with the state. “It was a terrific opportunity to meet the CM of Madhya Pradesh. Having been in India for seven years, I’ve seen the scale of investment and vision the CM brings,” he said.

    The Dubai leg of Dr. Yadav’s tour spans multiple sectors, including energy, health, services, and wellness. Particular investor interest has been noted in Madhya Pradesh’s mineral wealth, specifically gold, diamonds, and cement. The CM emphasized the state’s diverse offerings: mineral resources, tourism, healthcare, plug-and-play industrial parks, and air cargo facilities.

    The collaboration frameworks laid out during the visit are expected to deepen India-UAE ties while furthering the vision of a ‘Developed Madhya Pradesh.’ The Chief Minister’s targeted approach, through structured discussions with officials and direct engagement with investors, is positioning the state as a top destination for UAE and global investment.

    The visit began with Dr. Yadav’s address to the Indian diaspora on Sunday and continued with presentations to international investors, projecting Madhya Pradesh as one of India’s most investment-friendly and fastest-growing states.

  • Madhya Pradesh CM Courts UAE Investment During Dubai Visit, Secures Major Partnership Commitments

    Source: Government of India

    Source: Government of India (4)

    Madhya Pradesh Chief Minister Dr. Mohan Yadav, currently on a three-day visit to the UAE as part of his Dubai-Spain tour from July 13–19, is making strong headway in attracting international investments. His meetings with UAE officials and global investors have already yielded substantial commitments.

    On the second day of his Dubai visit, Dr. Yadav held in-depth talks with UAE Minister of State for Foreign Trade, Dr. Thani Bin Ahmed Al Zeyoudi, focusing on investment prospects under the India-UAE Comprehensive Economic Partnership Agreement (CEPA) and the I2U2 collaboration. He outlined Madhya Pradesh’s strengths, including its industrial infrastructure, supportive policies, and investor-friendly environment across sectors such as electric vehicles, textiles, pharmaceuticals, smart manufacturing, renewable energy, and food processing.

    Significant investment commitments have already been secured. Vinay Thadani, Director and CEO of Grew Solar, confirmed an existing investment of ₹3,000 crore in the state, with plans to scale it up to ₹10,000 crore, covering renewable energy, textiles, and other key sectors.

    Another key development came from Dr. Yadav’s meeting with Mukesh Vora, Chairman of the Jain International Trade Organisation (JITO). Both sides agreed to establish an MP-JITO investment platform in Dubai. The initiative will promote joint ventures in advanced manufacturing, logistics, and renewable energy, while also supporting skill development, MSME growth, and educational exchange.

    Highlighting the broad scope of his visit, the Chief Minister said, “We have been meeting with various stakeholders since morning, including embassy officials. We discussed how the Indian and MP governments can make doing business with foreign partners simpler.” He also mentioned plans to develop food parks, explore mining potential, and support industrial setups.

    Aviation also emerged as a focus area. Dr. Yadav noted efforts to boost flight connectivity and promote the state’s Air Ambulance service, with investor support under the Indian government’s guidance.

    Essa Sulaiman Ahmad, Emirates’ Senior Vice President for Commercial Operations, expressed strong interest in partnering with the state. “It was a terrific opportunity to meet the CM of Madhya Pradesh. Having been in India for seven years, I’ve seen the scale of investment and vision the CM brings,” he said.

    The Dubai leg of Dr. Yadav’s tour spans multiple sectors, including energy, health, services, and wellness. Particular investor interest has been noted in Madhya Pradesh’s mineral wealth, specifically gold, diamonds, and cement. The CM emphasized the state’s diverse offerings: mineral resources, tourism, healthcare, plug-and-play industrial parks, and air cargo facilities.

    The collaboration frameworks laid out during the visit are expected to deepen India-UAE ties while furthering the vision of a ‘Developed Madhya Pradesh.’ The Chief Minister’s targeted approach, through structured discussions with officials and direct engagement with investors, is positioning the state as a top destination for UAE and global investment.

    The visit began with Dr. Yadav’s address to the Indian diaspora on Sunday and continued with presentations to international investors, projecting Madhya Pradesh as one of India’s most investment-friendly and fastest-growing states.

  • Madhya Pradesh CM Courts UAE Investment During Dubai Visit, Secures Major Partnership Commitments

    Source: Government of India

    Source: Government of India (4)

    Madhya Pradesh Chief Minister Dr. Mohan Yadav, currently on a three-day visit to the UAE as part of his Dubai-Spain tour from July 13–19, is making strong headway in attracting international investments. His meetings with UAE officials and global investors have already yielded substantial commitments.

    On the second day of his Dubai visit, Dr. Yadav held in-depth talks with UAE Minister of State for Foreign Trade, Dr. Thani Bin Ahmed Al Zeyoudi, focusing on investment prospects under the India-UAE Comprehensive Economic Partnership Agreement (CEPA) and the I2U2 collaboration. He outlined Madhya Pradesh’s strengths, including its industrial infrastructure, supportive policies, and investor-friendly environment across sectors such as electric vehicles, textiles, pharmaceuticals, smart manufacturing, renewable energy, and food processing.

    Significant investment commitments have already been secured. Vinay Thadani, Director and CEO of Grew Solar, confirmed an existing investment of ₹3,000 crore in the state, with plans to scale it up to ₹10,000 crore, covering renewable energy, textiles, and other key sectors.

    Another key development came from Dr. Yadav’s meeting with Mukesh Vora, Chairman of the Jain International Trade Organisation (JITO). Both sides agreed to establish an MP-JITO investment platform in Dubai. The initiative will promote joint ventures in advanced manufacturing, logistics, and renewable energy, while also supporting skill development, MSME growth, and educational exchange.

    Highlighting the broad scope of his visit, the Chief Minister said, “We have been meeting with various stakeholders since morning, including embassy officials. We discussed how the Indian and MP governments can make doing business with foreign partners simpler.” He also mentioned plans to develop food parks, explore mining potential, and support industrial setups.

    Aviation also emerged as a focus area. Dr. Yadav noted efforts to boost flight connectivity and promote the state’s Air Ambulance service, with investor support under the Indian government’s guidance.

    Essa Sulaiman Ahmad, Emirates’ Senior Vice President for Commercial Operations, expressed strong interest in partnering with the state. “It was a terrific opportunity to meet the CM of Madhya Pradesh. Having been in India for seven years, I’ve seen the scale of investment and vision the CM brings,” he said.

    The Dubai leg of Dr. Yadav’s tour spans multiple sectors, including energy, health, services, and wellness. Particular investor interest has been noted in Madhya Pradesh’s mineral wealth, specifically gold, diamonds, and cement. The CM emphasized the state’s diverse offerings: mineral resources, tourism, healthcare, plug-and-play industrial parks, and air cargo facilities.

    The collaboration frameworks laid out during the visit are expected to deepen India-UAE ties while furthering the vision of a ‘Developed Madhya Pradesh.’ The Chief Minister’s targeted approach, through structured discussions with officials and direct engagement with investors, is positioning the state as a top destination for UAE and global investment.

    The visit began with Dr. Yadav’s address to the Indian diaspora on Sunday and continued with presentations to international investors, projecting Madhya Pradesh as one of India’s most investment-friendly and fastest-growing states.

  • Madhya Pradesh CM Courts UAE Investment During Dubai Visit, Secures Major Partnership Commitments

    Source: Government of India

    Source: Government of India (4)

    Madhya Pradesh Chief Minister Dr. Mohan Yadav, currently on a three-day visit to the UAE as part of his Dubai-Spain tour from July 13–19, is making strong headway in attracting international investments. His meetings with UAE officials and global investors have already yielded substantial commitments.

    On the second day of his Dubai visit, Dr. Yadav held in-depth talks with UAE Minister of State for Foreign Trade, Dr. Thani Bin Ahmed Al Zeyoudi, focusing on investment prospects under the India-UAE Comprehensive Economic Partnership Agreement (CEPA) and the I2U2 collaboration. He outlined Madhya Pradesh’s strengths, including its industrial infrastructure, supportive policies, and investor-friendly environment across sectors such as electric vehicles, textiles, pharmaceuticals, smart manufacturing, renewable energy, and food processing.

    Significant investment commitments have already been secured. Vinay Thadani, Director and CEO of Grew Solar, confirmed an existing investment of ₹3,000 crore in the state, with plans to scale it up to ₹10,000 crore, covering renewable energy, textiles, and other key sectors.

    Another key development came from Dr. Yadav’s meeting with Mukesh Vora, Chairman of the Jain International Trade Organisation (JITO). Both sides agreed to establish an MP-JITO investment platform in Dubai. The initiative will promote joint ventures in advanced manufacturing, logistics, and renewable energy, while also supporting skill development, MSME growth, and educational exchange.

    Highlighting the broad scope of his visit, the Chief Minister said, “We have been meeting with various stakeholders since morning, including embassy officials. We discussed how the Indian and MP governments can make doing business with foreign partners simpler.” He also mentioned plans to develop food parks, explore mining potential, and support industrial setups.

    Aviation also emerged as a focus area. Dr. Yadav noted efforts to boost flight connectivity and promote the state’s Air Ambulance service, with investor support under the Indian government’s guidance.

    Essa Sulaiman Ahmad, Emirates’ Senior Vice President for Commercial Operations, expressed strong interest in partnering with the state. “It was a terrific opportunity to meet the CM of Madhya Pradesh. Having been in India for seven years, I’ve seen the scale of investment and vision the CM brings,” he said.

    The Dubai leg of Dr. Yadav’s tour spans multiple sectors, including energy, health, services, and wellness. Particular investor interest has been noted in Madhya Pradesh’s mineral wealth, specifically gold, diamonds, and cement. The CM emphasized the state’s diverse offerings: mineral resources, tourism, healthcare, plug-and-play industrial parks, and air cargo facilities.

    The collaboration frameworks laid out during the visit are expected to deepen India-UAE ties while furthering the vision of a ‘Developed Madhya Pradesh.’ The Chief Minister’s targeted approach, through structured discussions with officials and direct engagement with investors, is positioning the state as a top destination for UAE and global investment.

    The visit began with Dr. Yadav’s address to the Indian diaspora on Sunday and continued with presentations to international investors, projecting Madhya Pradesh as one of India’s most investment-friendly and fastest-growing states.

  • Madhya Pradesh CM Courts UAE Investment During Dubai Visit, Secures Major Partnership Commitments

    Source: Government of India

    Source: Government of India (4)

    Madhya Pradesh Chief Minister Dr. Mohan Yadav, currently on a three-day visit to the UAE as part of his Dubai-Spain tour from July 13–19, is making strong headway in attracting international investments. His meetings with UAE officials and global investors have already yielded substantial commitments.

    On the second day of his Dubai visit, Dr. Yadav held in-depth talks with UAE Minister of State for Foreign Trade, Dr. Thani Bin Ahmed Al Zeyoudi, focusing on investment prospects under the India-UAE Comprehensive Economic Partnership Agreement (CEPA) and the I2U2 collaboration. He outlined Madhya Pradesh’s strengths, including its industrial infrastructure, supportive policies, and investor-friendly environment across sectors such as electric vehicles, textiles, pharmaceuticals, smart manufacturing, renewable energy, and food processing.

    Significant investment commitments have already been secured. Vinay Thadani, Director and CEO of Grew Solar, confirmed an existing investment of ₹3,000 crore in the state, with plans to scale it up to ₹10,000 crore, covering renewable energy, textiles, and other key sectors.

    Another key development came from Dr. Yadav’s meeting with Mukesh Vora, Chairman of the Jain International Trade Organisation (JITO). Both sides agreed to establish an MP-JITO investment platform in Dubai. The initiative will promote joint ventures in advanced manufacturing, logistics, and renewable energy, while also supporting skill development, MSME growth, and educational exchange.

    Highlighting the broad scope of his visit, the Chief Minister said, “We have been meeting with various stakeholders since morning, including embassy officials. We discussed how the Indian and MP governments can make doing business with foreign partners simpler.” He also mentioned plans to develop food parks, explore mining potential, and support industrial setups.

    Aviation also emerged as a focus area. Dr. Yadav noted efforts to boost flight connectivity and promote the state’s Air Ambulance service, with investor support under the Indian government’s guidance.

    Essa Sulaiman Ahmad, Emirates’ Senior Vice President for Commercial Operations, expressed strong interest in partnering with the state. “It was a terrific opportunity to meet the CM of Madhya Pradesh. Having been in India for seven years, I’ve seen the scale of investment and vision the CM brings,” he said.

    The Dubai leg of Dr. Yadav’s tour spans multiple sectors, including energy, health, services, and wellness. Particular investor interest has been noted in Madhya Pradesh’s mineral wealth, specifically gold, diamonds, and cement. The CM emphasized the state’s diverse offerings: mineral resources, tourism, healthcare, plug-and-play industrial parks, and air cargo facilities.

    The collaboration frameworks laid out during the visit are expected to deepen India-UAE ties while furthering the vision of a ‘Developed Madhya Pradesh.’ The Chief Minister’s targeted approach, through structured discussions with officials and direct engagement with investors, is positioning the state as a top destination for UAE and global investment.

    The visit began with Dr. Yadav’s address to the Indian diaspora on Sunday and continued with presentations to international investors, projecting Madhya Pradesh as one of India’s most investment-friendly and fastest-growing states.

  • Madhya Pradesh CM Courts UAE Investment During Dubai Visit, Secures Major Partnership Commitments

    Source: Government of India

    Source: Government of India (4)

    Madhya Pradesh Chief Minister Dr. Mohan Yadav, currently on a three-day visit to the UAE as part of his Dubai-Spain tour from July 13–19, is making strong headway in attracting international investments. His meetings with UAE officials and global investors have already yielded substantial commitments.

    On the second day of his Dubai visit, Dr. Yadav held in-depth talks with UAE Minister of State for Foreign Trade, Dr. Thani Bin Ahmed Al Zeyoudi, focusing on investment prospects under the India-UAE Comprehensive Economic Partnership Agreement (CEPA) and the I2U2 collaboration. He outlined Madhya Pradesh’s strengths, including its industrial infrastructure, supportive policies, and investor-friendly environment across sectors such as electric vehicles, textiles, pharmaceuticals, smart manufacturing, renewable energy, and food processing.

    Significant investment commitments have already been secured. Vinay Thadani, Director and CEO of Grew Solar, confirmed an existing investment of ₹3,000 crore in the state, with plans to scale it up to ₹10,000 crore, covering renewable energy, textiles, and other key sectors.

    Another key development came from Dr. Yadav’s meeting with Mukesh Vora, Chairman of the Jain International Trade Organisation (JITO). Both sides agreed to establish an MP-JITO investment platform in Dubai. The initiative will promote joint ventures in advanced manufacturing, logistics, and renewable energy, while also supporting skill development, MSME growth, and educational exchange.

    Highlighting the broad scope of his visit, the Chief Minister said, “We have been meeting with various stakeholders since morning, including embassy officials. We discussed how the Indian and MP governments can make doing business with foreign partners simpler.” He also mentioned plans to develop food parks, explore mining potential, and support industrial setups.

    Aviation also emerged as a focus area. Dr. Yadav noted efforts to boost flight connectivity and promote the state’s Air Ambulance service, with investor support under the Indian government’s guidance.

    Essa Sulaiman Ahmad, Emirates’ Senior Vice President for Commercial Operations, expressed strong interest in partnering with the state. “It was a terrific opportunity to meet the CM of Madhya Pradesh. Having been in India for seven years, I’ve seen the scale of investment and vision the CM brings,” he said.

    The Dubai leg of Dr. Yadav’s tour spans multiple sectors, including energy, health, services, and wellness. Particular investor interest has been noted in Madhya Pradesh’s mineral wealth, specifically gold, diamonds, and cement. The CM emphasized the state’s diverse offerings: mineral resources, tourism, healthcare, plug-and-play industrial parks, and air cargo facilities.

    The collaboration frameworks laid out during the visit are expected to deepen India-UAE ties while furthering the vision of a ‘Developed Madhya Pradesh.’ The Chief Minister’s targeted approach, through structured discussions with officials and direct engagement with investors, is positioning the state as a top destination for UAE and global investment.

    The visit began with Dr. Yadav’s address to the Indian diaspora on Sunday and continued with presentations to international investors, projecting Madhya Pradesh as one of India’s most investment-friendly and fastest-growing states.

  • Madhya Pradesh CM Courts UAE Investment During Dubai Visit, Secures Major Partnership Commitments

    Source: Government of India

    Source: Government of India (4)

    Madhya Pradesh Chief Minister Dr. Mohan Yadav, currently on a three-day visit to the UAE as part of his Dubai-Spain tour from July 13–19, is making strong headway in attracting international investments. His meetings with UAE officials and global investors have already yielded substantial commitments.

    On the second day of his Dubai visit, Dr. Yadav held in-depth talks with UAE Minister of State for Foreign Trade, Dr. Thani Bin Ahmed Al Zeyoudi, focusing on investment prospects under the India-UAE Comprehensive Economic Partnership Agreement (CEPA) and the I2U2 collaboration. He outlined Madhya Pradesh’s strengths, including its industrial infrastructure, supportive policies, and investor-friendly environment across sectors such as electric vehicles, textiles, pharmaceuticals, smart manufacturing, renewable energy, and food processing.

    Significant investment commitments have already been secured. Vinay Thadani, Director and CEO of Grew Solar, confirmed an existing investment of ₹3,000 crore in the state, with plans to scale it up to ₹10,000 crore, covering renewable energy, textiles, and other key sectors.

    Another key development came from Dr. Yadav’s meeting with Mukesh Vora, Chairman of the Jain International Trade Organisation (JITO). Both sides agreed to establish an MP-JITO investment platform in Dubai. The initiative will promote joint ventures in advanced manufacturing, logistics, and renewable energy, while also supporting skill development, MSME growth, and educational exchange.

    Highlighting the broad scope of his visit, the Chief Minister said, “We have been meeting with various stakeholders since morning, including embassy officials. We discussed how the Indian and MP governments can make doing business with foreign partners simpler.” He also mentioned plans to develop food parks, explore mining potential, and support industrial setups.

    Aviation also emerged as a focus area. Dr. Yadav noted efforts to boost flight connectivity and promote the state’s Air Ambulance service, with investor support under the Indian government’s guidance.

    Essa Sulaiman Ahmad, Emirates’ Senior Vice President for Commercial Operations, expressed strong interest in partnering with the state. “It was a terrific opportunity to meet the CM of Madhya Pradesh. Having been in India for seven years, I’ve seen the scale of investment and vision the CM brings,” he said.

    The Dubai leg of Dr. Yadav’s tour spans multiple sectors, including energy, health, services, and wellness. Particular investor interest has been noted in Madhya Pradesh’s mineral wealth, specifically gold, diamonds, and cement. The CM emphasized the state’s diverse offerings: mineral resources, tourism, healthcare, plug-and-play industrial parks, and air cargo facilities.

    The collaboration frameworks laid out during the visit are expected to deepen India-UAE ties while furthering the vision of a ‘Developed Madhya Pradesh.’ The Chief Minister’s targeted approach, through structured discussions with officials and direct engagement with investors, is positioning the state as a top destination for UAE and global investment.

    The visit began with Dr. Yadav’s address to the Indian diaspora on Sunday and continued with presentations to international investors, projecting Madhya Pradesh as one of India’s most investment-friendly and fastest-growing states.

  • MIL-OSI Video: Fisheries Subsidies: Zambia’s acceptance

    Source: World Trade Organization – WTO (video statements)

    On 14 July, WTO Director-General Ngozi Okonjo-Iweala received Zambia’s instrument of acceptance of the Agreement on Fisheries Subsidies from Zambia’s WTO Ambassador Eunice M. Tembo Luambia. Just six more acceptances are needed for the Agreement to enter into force.

    https://www.youtube.com/watch?v=D_Xc6jOwLsY

    MIL OSI Video

  • MIL-OSI Canada: Procurement Ombud Urges Use of Mediation Services to Address Issues in Administration of Federal Construction Contracts

    Source: Government of Canada News (2)

    Ottawa, July 14, 2025

    The Office of the Procurement Ombud (OPO) released a new research study under its Knowledge Deepening and Sharing initiative, examining recurring issues related to the administration of federal construction contracts.

    Over the past few years, OPO received numerous complaints from procurement stakeholders about issues related to the administration of federal construction contracts. OPO launched this research study to identify the underlying causes of these issues and to provide practical recommendations for improving contract administration practices.

    Some of the common issues raised include poorly defined scopes of work, inconsistent use of standard contract documents and a lack of clarity and effectiveness of substantial performance clauses and inadequate dispute resolution mechanisms. These issues disproportionately affect small and medium-sized enterprises (SMEs), often leading to project delays, cost overruns, and disputes. Ultimately, they undermine the fairness and efficiency of federal construction projects and jeopardize the achievement of best value for Canadian taxpayers.

    Contract administration plays a critical role in preserving the value established during the contract award process. Effective administration ensures proper stewardship of taxpayer dollars and helps deliver the infrastructure Canadians rely on—on time and on budget.

    As the only federal organisation mandated to investigate and mediate issues related to the administration of construction contracts, OPO is encouraging federal departments and suppliers to use its Alternative Dispute Resolution (ADR) services. These services offer a timely, cost-effective way to resolve disputes early and keep construction projects on track.

    MIL OSI Canada News

  • First section of bullet train’s undersea tunnel opens in Maharashtra

    Source: Government of India

    Source: Government of India (4)

    In a major boost to India’s first high-speed rail project, the construction of the first section of the 21 km undersea tunnel between Bandra-Kurla Complex (BKC) and Thane has been successfully completed. This undersea tunnel is part of the ambitious Mumbai–Ahmedabad Bullet Train project, which is being built in collaboration with Japan using advanced Shinkansen technology.

    According to the latest update from the Ministry of Railways, civil construction across the 508 km corridor is progressing rapidly. So far, 310 km of viaducts have been constructed, alongside the completion of 15 major river bridges, while work on four more bridges is at an advanced stage. Of the planned 12 stations along the route, five have already been completed and three more are nearing completion.

    One of the engineering highlights of the project is the Mumbai terminus at Bandra Kurla Complex (BKC). This station will be located 32.5 metres below ground level and has been designed with a robust foundation capable of supporting a 95-metre high building above ground, showcasing cutting-edge construction capabilities.

    In a major boost to India-Japan technological cooperation, the Japanese government has confirmed that the next-generation E10 Shinkansen trains will be deployed on the Mumbai–Ahmedabad corridor. Notably, these trains will debut simultaneously in Japan and India, underlining the depth of the strategic partnership between the two countries.

    The entire bullet train corridor is being built using state-of-the-art Shinkansen technology, which is globally recognised for its exceptional speed, safety and reliability standards. This project aims to redefine India’s passenger rail experience and set new benchmarks for infrastructure development in the country.

    Track laying, installation of overhead electrical wires, and procurement of operational systems are also progressing in parallel, ensuring that the project stays on schedule.