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Category: DJF

  • MIL-OSI USA: Underwood Announces $26 Million for Local Priorities Selected for Community Project Funding

    Source: United States House of Representatives – Congresswoman Lauren Underwood (IL-14)

    JOLIET – Representative Lauren Underwood (IL-14), a member of the House Appropriations Committee, announced the projects in the 14th District selected to be submitted for consideration for Community Project Funding in FY2026. 

    If funded, the projects below will have extraordinary benefits for our community: ensuring access to safe and reliable drinking water, strengthening rural access to health care, preventing workplace exploitation, helping residents get jobs, providing vulnerable populations access to necessities like emergency shelter and food, and supporting parent-students by providing affordable childcare options in northern Illinois. 

    “Making sure that our community’s needs are reflected in federal funding has always been a top priority of mine in Washington,” said Underwood. “Our families will feel the enormous impact of these 15 projects every day. We’re making sure our drinking water is clean and safe across northern Illinois; strengthening access to quality health care in rural communities, providing parents affordable childcare options, and so much more. I look forward to working with my colleagues to bring these federal dollars home.”

    FY25 projects that were selected by Members of Congress last year were not included in the funding bill passed earlier this year, and nearly all FY25 projects in the 14th District are being resubmitted for FY26.

    Community Project Funding is an initiative that allows Members of Congress to request direct funding for projects that benefit the communities they represent, coupled with strict transparency and ethics requirements. Projects are restricted to a limited number of federal funding streams, and only state and local governments and eligible non-profit entities are permitted to receive funding. In compliance with House Rules and Committee requirements, Underwood has certified that she and her immediate family have no financial interest in any of the projects selected. Underwood’s certification forms for the projects listed are available here, listed in alphabetical order.

    Below are descriptions of the projects submitted for consideration, in alphabetical order by project sponsor:

    Project Title: Bentley Road Pathway Connection

    Project Sponsor: Plainfield Park District

    Amount Requested: $1,300,000

    Address of Sponsor: 23729 W. Ottawa St., Plainfield, IL 60544

    Project Description and Justification: This funding would be used to develop 4 uninterrupted miles along the DuPage River into a pathway connecting parks, recreation areas, and small businesses in Will County.  The pathway will serve as a vital link between existing multi-use trails at Riverside Parkway, Sunset Park, and Hammel Woods along the DuPage River corridor. 

    Project Title: Center for Parenting Students 

    Project Sponsor: Waubonsee Community College

    Amount Requested: $600,000

    Address of Sponsor: Route 47 at Waubonsee Drive, Sugar Grove, IL 60554

    Project Description and Justification: This funding would support the creation of a new Center for Parenting Students’ at Waubonsee Community College. The center will provide crucial support for student parents, helping them balance their academic pursuits with childcare. 

    The Center will offer a welcoming environment with designated family-friendly consultation and meeting rooms. Additionally, lactation suites, changing rooms, and a dedicated feeding space will cater to the specific needs of parenting students. The Center will provide essential support services, access to books, toys, and tablets for children while their parents work on group projects or utilize computers and printers for academic work. 

    Project Title: City of Lockport Environmental Infrastructure Program 

    Project Sponsor: U.S. Army Corps of Engineers Chicago District 

    Amount Requested: $1,368,950

    Address of Sponsor: 231 S. LaSalle Street, Suite 1500, Chicago, IL 60604 

    Project Purpose and Justification: This funding would be used for an environmental infrastructure project that will improve wastewater and stormwater management in the City of Lockport, Illinois. 

    Local infrastructure needs addressed by this project include the Bruce Road & SOS Children Village Utility Improvement Project, as the project includes the installation of a new lift station to serve the SOS Children Village.

    Project Title: Clean Water Project in Oglesby, IL

    Project Sponsor: City of Oglesby

    Amount Requested: $1,020,800

    Address of Sponsor: 110 East Walnut Street, Oglesby, IL 61348

    Project Purpose and Justification: This funding will help replace 2,100 feet of water main lines currently impacted by lead and/or asbestos-cement within the City of Oglesby. The pipes pose significant risks to the public and their replacement will ensure clean drinking water, protect public health and safety, and generate long-term cost savings for the community of Ogelsby.

    Project Title: Education for Parents Project

    Project Sponsor: Northern Illinois University 

    Amount Requested: $1,000,000

    Address of Sponsor: 1425 W Lincoln Hwy, Dekalb, IL 60115

    Priority Project and Justification: This funding will be used to remodel and convert property at Northern Illinois University into a significantly larger child care center. The project will help the university hire new personnel and cover essential upgrades to ensure a safe and healthy environment for children; including roof, drainage, window, and flooring repairs, classroom painting, and a learning space renovation.  

    Project Title: Expanding Hope and Reducing Hunger in La Salle, IL

    Project Sponsor: Illinois Valley Food Pantry

    Amount Requested: $750,000

    Address of Sponsor: 122 Wright Street, LaSalle, IL 61354

    Project Purpose and Justification: This funding will help the food pantry expand their refrigeration and storage capacity, allowing them to serve more families in our community. Currently serving around 500 families monthly, the pantry is at capacity.  

    Project Title: Grand Prairie Water Commission Infrastructure Construction for Northern Illinois

    Project Sponsor: City of Joliet

    Amount Requested: $5,000,000

    Address of Sponsor: 150 W Jefferson Street, Joliet, IL 60432

    Project Purpose and Justification: This funding will build 7.5 miles of underground water transmission main to deliver finished drinking water from the Chicago Department of Water Management to communities in the southwest suburbs. 

    The City of Joliet is part of the Grand Prairie Water Commission, a group of six communities that will utilize Lake Michigan as an alternative water source. 

    Project Title: Law Enforcement Collaboration to Prevent Workplace Crime in Will County, IL

    Project Sponsor: Joliet Township 

    Amount Requested: $339,346 

    Address of Sponsor: 1220 Richards St., Suite A, Joliet, IL 60435

    Project Purpose and Justification: This funding will be used by Joliet Township  to hire one attorney and two project staff dedicated to collaborating with local organizations and law enforcement to address workplace exploitation across Will County and the surrounding area. The project will connect victims of workplace abuse and violence to victim services in northern Illinois communities.

    Project Title: Lead-Free Water Project in Aurora, IL

    Project Sponsor: City of Aurora

    Amount Requested: $3,500,000

    Address of Sponsor: 44 E. Downer Place, City of Aurora, IL 60507

    Project Purpose and Justification: This funding will be used to remove and replace all remaining lead water service lines within the City of Aurora, providing safe, potable water for the community. An estimated 120 lead service lines for homes, impacting nearly 400 residents, are expected to be replaced. The pipes pose significant risks to the public and their replacement will ensure clean drinking water, protect public health and safety, and generate long-term cost savings for the community.   

    Project Title: Lockport Township Emergency Shelter  

    Project Sponsor: Lockport Township 

    Amount Requested: $2,235,015

    Address of Sponsor: 1463 Farrell Road, Lockport, Illinois, 60441

    This funding will be used to support and protect the local economy in Fairmont, Lockport, and the surrounding communities in Will County by converting space within an existing building in Lockport, Illinois into a permanent emergency shelter and regional hub for first responder safety training. Specifically, this project would fund renovations that would enable the shelter to have a full-service generator, weather-resistant roof, reinforced windows and doors, modern HVAC, emergency radios, cot beds, and ADA-compliant accommodation for up to 205 evacuees and personnel.

    Project Title: Reducing Recidivism and Supporting Reentry in Will County, IL

    Project Sponsor: Will County Workforce Services Division—LWIA—10 

    Amount Requested: $600,000

    Address of Sponsor: 2400 Glenwood Ave, Joliet, IL 60435 

    Project Purpose and Justification: This project will provide work training services to justice impacted individuals, increasing public safety and reducing the recidivism rate in Will County, IL. The program will offer participants the option to participate in work-based training or education, or to receive work-based training that leads to full-time employment. Through this program, formerly incarcerated individuals will obtain skills that will help them find and secure meaningful employment.  

    Project Title: Securing A Sustainable Water Source in Oswego, IL

    Project Sponsor: Village of Oswego

    Amount Requested: $2,640,000

    Address of Sponsor: 100 Parkers Mill, Oswego, IL 60543

    Project Purpose and Justification: This funding will support the construction of the three receiving stations, which are integral to the success of the Lake Michigan Water Source Project. The receiving stations will allow Montgomery, Oswego, and Yorkville to store and prepare more water from Lake Michigan. Each City requires one receiving station to prepare and store safe water, and to establish a proper connection with the lake.

    The communities of Montgomery, Oswego, and Yorkville will join the DuPage Water Commission, a group of 30 communities that utilize Lake Michigan as an alternative water source. 

    Project Title: Senior Outreach and Care Project

    Project Sponsor: White Oak Library District

    Amount Requested: $3,250,000

    Address of Sponsor: 201 W. Normantown Rd., Romeoville, IL 60446

    Project Description and Justification: This funding will be used for the construction of a new building for the Outreach Services Department at the Crest Hill Branch Library, allowing the library to reach more people in Will County. The funding will be used to construct a new building, hire two additional staff members to support the new location’s expanded services, and purchase three computer workstations and essential technology like chargers and keyboards.

    Additionally, the funding will allow the library to purchase a Bookmobile to continue outreach efforts outside the library’s physical location as well as additional books for circulation.

    Project Title: Shab-eh-nay Tribal Administration Buildings

    Project Sponsor: Prairie Band Potawatomi Nation

    Amount Requested: $1,360,914

    Address of Sponsor: 16281 Q Road Mayetta, Kansas 66509

    Project Purpose and Justification: This funding will support the construction of governmental office space for the Prairie Band Potawatomi Nation and their neighbors. The new building will allow the Nation to have a designated facility to conduct its government business, deepen their connections with the community, and provide services to residents.  

    Project Title: Strengthening Rural Healthcare for Farmers and Families in Mendota, IL 

    Project Sponsor: Community Health Partnership of Illinois

    Amount Requested: $1,250,000

    Address of Sponsor: 205 West Randolph Street, Suite 1340, Chicago, IL 60606

    Project Purpose and Justification: This funding will expand the Mendota Health Center, transforming the 10,666-square-foot warehouse into an expanded space for medical, dental, and behavioral health services. 

    The proposed health center will house 25 employees and serve over 6,000 individuals needing accessible, quality primary care services. The Mendota Health Center is a lifeline for the community, providing quality health care in Mendota and surrounding areas.

    ###

    MIL OSI USA News –

  • MIL-OSI New Zealand: Man due in court following crash, Pongakawa

    Source: New Zealand Police

    A man will be appearing in court next week in relation to the death of a man following a crash in Pongakawa.

    The single-vehicle crash happened around 8:45pm on Tuesday 3 June on Maniatutu Road.

    It was not reported to Police at the time, and the driver and the passengers of the vehicle made their own way home to their addresses in the area.

    Around 4:30am on 4 June, the driver of the vehicle and flatmate of one of the passengers in the car located the passenger deceased at their home.

    Police have made further enquiries and have today charged a 40-year-old man with dangerous driving causing death.

    He is due in Tauranga District Court on 12 June.

    ENDS

    Issued by the Police Media Centre

    MIL OSI New Zealand News –

  • MIL-OSI United Kingdom: Government’s new law sees unfair bonuses banned for six water companies with immediate effect

    Source: United Kingdom – Executive Government & Departments

    Press release

    Government’s new law sees unfair bonuses banned for six water companies with immediate effect

    Government bans unfair bonuses for water companies that don’t meet high standards

    • Unfair bonuses now banned for water companies that don’t meet high standards.  

    • Water bosses awarded themselves over £112 million in bonuses and incentive payments in the last decade.  

    • Strengthened enforcement is just one part of the Government’s strategy to reform the water sector and attract investment as part of its Plan for Change.  

    Unfair bonuses have been banned for senior executives at six water companies, as new measures in the Water (Special Measures) Act come into force today (Friday, 6th June).  

    The government is clear that transformative change across the water sector is needed to clean up our rivers, lakes and seas, and modernise the sector for decades to come.  

    Under new rules, companies are not permitted to pay bonuses to water bosses that oversee poor environmental and customer outcomes. This delivers on a key manifesto commitment and has been backdated to apply to any bonuses relating to the financial year from April last year.  

    This applies to Thames Water, Yorkshire Water, Anglian Water, Wessex Water, United Utilities, and Southern Water, where bosses are not permitted to receive bonuses with immediate effect.  

    Water companies have awarded over £112 million in bonuses and incentives over the last decade. Last year alone, £7.6 million in bonuses were paid to water bosses in England. 

    It’s crucial that companies attract the best talent to deliver essential upgrades to the water system. Companies that do meet Ofwat’s standards will still be eligible to pay executives bonuses – a powerful incentive for them to deliver immediate environmental improvements, better customer outcomes, and improve financial resilience.  

    Environment Secretary Steve Reed said:      

    Water company bosses, like anyone else, should only get bonuses if they’ve performed well, certainly not if they’ve failed to tackle water pollution.  

    Undeserved bonuses will now be banned as part of the Government’s plan to clean up our rivers, lakes and seas for good. 

    Promise made, promise delivered. 

    Today’s ban holds water bosses to account and ensures they can no longer cash in while their companies pollute rivers, neglect customers, or mismanage finances.  

    Strengthened enforcement is just one part of the government’s strategy to reform the water sector, which also includes working with the companies and their investors to make the water industry one of growth and opportunity, attracting investment and ensuring its stable financial footing for years to come. 

    The government is determined to reform the sector in a way that continues to attract high quality, long-term investors to rebuild our water infrastructure. Following the publication of the Independent Water Commission’s interim report, Ministers will look at proposals carefully, and outline further action in due course. 

    While it is for water companies to set their own remuneration, new standards published by Ofwat that come into force today mean bonuses will not be permitted be handed out in specific cases when a water company:   

    • Fails to meet core environmental standards and presides over serious pollution offences 

    • Fails to meet basic financial resilience standards (e.g. meet minimum credit rating requirements)    

    • Fails to meet core consumer standards (e.g. failure to operate and maintain sewage networks)   

    • Is convicted of a criminal offence (e.g. criminal convictions for serious environmental failings including illegal spills)   

    Under new rules published by Ofwat today, any company failing to meet key standards will automatically lose the right to award bonuses. If a company pays a bonus while banned, Ofwat has the powers under the Water (Special Measures) Act to direct the company to claw back the money. Any company that does not comply with Ofwat’s directions will face enforcement action. 

    To further protect customers and clean up our waterways, the government has secured a record £104 billion of private investment – the largest ever since privatisation to cut sewage discharges by nearly half over the next five years. This money will now be ringfenced for new pipes and treatment works, not shareholder payouts.  

    Notes to editors  

    • The table below outlines companies’ compliance on current information. 

    • It is up to individual water companies to determine appropriate financial rewards. Ofwat will consider action required once water companies publish their remuneration decisions in their annual reports for the 2024-25 financial year.

    ANNEX A: Companies affected by the ban:

    Water company Consumer standards Environment standards Financial resilience Criminal offence Subject to ban? Details of criteria
    Anglian Water Fail – 1 incident CEO bonus banned* Cat.1 data in Annex C
    Northumbrian Water Company can pay bonuses
    Severn Trent Company can pay bonuses
    Southern Water Fail – 1 incident CEO and CFO bonus banned Cat.1 data in Annex C
    South West Water Company can pay bonuses
    Thames Water Fail – 7 incidents Fail – April 2024 CEO and CFO bonus banned Thames Water Utilities Limited (‘Thames Water’) – undertakings under Section 19 – Ofwat
    United Utilities Fail – 1 incident CEO & CFO bonus banned Cat.1 data in Annex C
    Wessex Water Fail – 1 Conviction CFO bonus banned** Wessex Water fined £500,000 for sewage killing thousands of fish – GOV.UK
    Yorkshire Water Fail – S94 Breach Fail – 1 incident CEO & CFO bonus banned Yorkshire Water to pay £40m enforcement package following Ofwat wastewater investigation – Ofwat

    *Anglian Water’s CFO is not subject to the ban because they were not in post for the Cat.1 incident. Their CEO was in post during the Cat.1 incident and therefore faces a ban.   

    **Wessex Water’s CEO is not subject to the ban because they were not in post for the criminal offence that triggers the ban.

    ANNEX B: Total CEO/CFO bonuses paid by water companies in England (in thousands)

    Water company 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 Total
    Anglian Water 1,482 1,798 1,569 3,429 3,234 713 2,222 1,152 1,291 95 16,984
    United Utilities 3,227 2,942 2,284 2,247 2,733 2,733 3,138 2,763 2,377 1,366 25,810
    Northumbrian Water 597 484 595 479 384 269 259 214 311 315 3,907
    Southern Water 757* 427 187 756 645 815 842 669 – 312 5,410
    Severn Trent Water 3,367 2,294 2,978 1,788 2,201 2,674 2,777 4,471 3,413 3,309 29,271
    South West Water 556 832 640 259 521 984 1,230 755 362 470 6,609
    Thames Water 2,432 609 203 807 448 937 538 794 – 770 7,538
    Wessex Water 236 353 482 552 485 – 640 651 459 387 4,246
    Yorkshire Water 2,305 1,288 1,588 631 1,547 1,666 1,568 1,122 571 616 12,902
    Total 14,959 11,027 10,526 10,948 12,197 10,791 13,213 12,591 8,784 7,639 112,676

    *Long Term Incentive Plan value for Southern Water is a four-year figure, from 2011-15. Since there was no annual breakdown for 2014/15, the LTIP value has been divided by 4.

    ANNEX C: Category 1 incidents

    Water company Number of Category 1 incidents Date Location
    Anglian Water 1 September 2024 Peterborough
    Southern Water 1 August 2024 New Forest District
    Thames Water 7 January 2024 Three Rivers District
    January 2024 Chiltern District
    February 2024 Slough
    April 2024 Enfield London Borough
    April 2024 Sevenoaks District
    November 2024 Reigate and Banstead District
    December 2024 Runnymede District
    Yorkshire Water 1 December 2024 Kirklees District
    United Utilities 1 December 2024 Bolton

    Quotes

    Ali Plummer, Director of Policy & Advocacy at Wildlife and Countryside Link, said: 

    Bonuses should reflect excellence, not routine negligence and widespread environmental degradation. Our rivers and wildlife continue to suffer because companies have repeatedly prioritised profit over public health and nature protection. Removing bonuses if high standards aren’t met, is a welcome first step from Ofwat. 

    This must be backed up with strong resources for environmental regulators to ensure this is enforced.

    Ben Seal, Head of Access & Environment, Paddle UK, said:

    When something so precious as our nations water is on the line, public outrage at water executives pocketing big bonuses for failing to prevent pollution, is entirely justified.  

    It is positive to see the steps taken through the new Water Special Measures Act beginning to take effect. Let’s hope that blocking the payment of these bonuses is just another means of helping focus minds on driving up environmental performance, rather than prioritising profit. 

    Mark Lloyd, CEO, The Rivers Trust, said:

    The fact that water company bosses will no longer be rewarded for poor environmental performance is a significant moment in rebuilding public trust. It’s great to see the environment being valued as it should be, and that the personal responsibility of water industry leaders in looking after the environment is being recognised. 

    The measures announced today tackle the most serious pollution incidents, but we still need to be aware that the vast majority of pollution comes from smaller, more insidious events which, in combination, can cause far greater harm to our rivers.

    Ali Morse, Water Policy Manager at The Wildlife Trusts, said:  

    This is a change that’s important to billpayers. Customers don’t think it’s right that senior staff are rewarded whilst our rivers and seas bear the brunt of poor water sector performance. No one is under any illusions that this alone will significantly ease pressure on household bills, or make good the harms caused to the environment already; it’s more a point of principle – that even a single incident can result in a bonus ban –  and, along with other recent changes, sends a strong signal to the industry that it must do more to prioritise the health of the environment upon which its business relies.

    Deborah Meaden, Businesswoman, entrepreneur and Dragons Den Investor, said:

    This is a very welcome step as part of the battle to better protect our waters and waterways. Bonuses should rightly be focused on constantly improving water quality in our seas and rivers, not just to stop the damage but actually repair and restore.

    Updates to this page

    Published 6 June 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Measles: Protect yourself, your family and your community

    Source: City of Birmingham

    Measles cases have been increasing across Birmingham.

    Measles is a very infectious disease that spreads easily and can lead to serious health complications, particularly for vulnerable individuals, including those who are immunocompromised or pregnant. Outbreaks can happen when not enough people have been immunised. 

    We have prepared the information below to help you recognise the signs of measles and understand what to do if you suspect that you, or a friend of family member, or someone in your wider community has the condition. Please share it with family, friends and anyone else in your communities and networks. A downloadable factsheet containing this information is also available here.

    Also, with large gatherings approaching, including upcoming Eid celebrations, please remind parents and children to speak to their GP if they experience any symptoms, as measles spreads easily in group settings. If they do attend a large gathering, please remind them to stay vigilant for symptoms, as most people experience symptoms 10-12 days after contact with the virus. 

    What is measles? 

    Measles usually starts with cold-like symptoms. The first symptoms of measles include: 

    • a high temperature 
    • a runny or blocked nose 
    • sneezing 
    • a cough 
    • red, sore, watery eyes 

    A rash usually appears a few days after the cold-like symptoms. The rash starts on the face and behind the ears before spreading to the rest of the body. Some people may also get small spots in their mouth, particularly inside the cheeks and on the back of the lips. Learn more about symptoms here.  

    What should you do if you or someone else in your family or community has suspected measles? 

    If your child develops symptoms, you should urgently contact your GP. You must contact the surgery by telephone before visiting and tell the reception staff that you think that your child may have measles. Please do not attend the surgery unless you are asked to. The doctor will make special arrangements to see your child so that if they have measles, they won’t pass it on to others. GPs should also be contacted in cases where adults are vulnerable, for example, immunocompromised or pregnant. 

    How can you protect yourself, your family and your community from measles? 

    The MMR immunisation remains the best way to protect yourself and the wider community from measles because it is effective, safe, and free of charge.   

    Two doses of the MMR immunisation are required to produce satisfactory protection against measles, mumps and rubella. 

    Research has shown there is no link between the MMR immunisation and autism. 

    The MMR immunisation is safe for all faiths and cultures, and a pork-free version is available for those who avoid pork products.   

    Further information on the MMR immunisation can be found here. 

    Thank you for your continued support in helping us keep Birmingham safe and healthy.  

    MIL OSI United Kingdom –

  • MIL-OSI Russia: The ecological environment in Xizang remained stable in 2024

    Translation. Region: Russian Federal

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

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

    LHASA, June 6 (Xinhua) — The ecological condition of southwest China’s Xizang Autonomous Region has remained stable overall and continued to improve, and it still ranks among the regions with the best ecological environment quality in the world, according to an official report released by the Xizang Autonomous Region’s Ecology and Environment Administration on Thursday.

    According to the report, the air and water quality in Xizang was consistently good in 2024. Six national-level environmental monitoring stations were established in the region.

    There are 97 nature reserves in Xizang, covering a total area of 434,000 square kilometers, home to 246 species of wild animals under state protection. Notably, more than 80 percent of the world’s population of Tibetan antelope, wild yaks, and black-necked cranes spend the winter in Xizang.

    Luo Kaituo, an official from the aforementioned department, said that in 2024, Xizang’s forest area increased by 1.06 million mu (about 70,667 hectares). -0-

    MIL OSI Russia News –

  • MIL-OSI Russia: Perhaps it is better to let Russia and Ukraine fight for a while longer – D. Trump

    Translation. Region: Russian Federal

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

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

    WASHINGTON, June 6 (Xinhua) — U.S. President Donald Trump said on Thursday it might be better to let Russia and Ukraine fight for a while longer, despite German Chancellor Friedrich Merz’s call for more U.S. pressure on Russia.

    During a meeting with F. Merz at the White House, D. Trump said that “hostility” and “hatred” between the parties to the conflict will make it difficult to achieve a ceasefire in the near future. This statement by the American president contradicts his previous statement about the imminent end of the conflict.

    “Sometimes you let them fight a little bit. You see it in hockey. You see it in sports. The referees let them go on for a couple of seconds, give them a little bit of time before they break it up,” Trump said.

    According to F. Merz, America is again in a very strong position to end this war. “We would like to increase the pressure on Russia,” the Chancellor added.

    On Thursday, D. Trump also said that new sanctions against Russia are not expected. However, he hinted that he could impose sanctions against both Russia and Ukraine, because “it takes two to tango.”

    “When I see a point where this is not going away, we will act very tough,” Trump said. “And it could affect both countries.” –0–

    MIL OSI Russia News –

  • MIL-OSI Russia: China urges Syrian authorities to prevent chemical weapons from falling into terrorist hands

    Translation. Region: Russian Federal

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

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

    UNITED NATIONS, June 6 (Xinhua) — China’s Deputy Permanent Representative to the United Nations Geng Shuang called on the interim Syrian authorities to prevent dangerous substances and chemical weapons from falling into the hands of terrorists at the Security Council on Thursday.

    Currently, there is instability in the security sphere in Syria, the danger of terrorism is high. There is a growing risk that terrorist organizations and extremist forces will take advantage of the current chaos to gain strength and regain lost positions, the diplomat warned.

    “The international community must remain highly vigilant against the potential scenario in which terrorist forces in Syria could produce, acquire or use chemical weapons,” he said.

    China is concerned about reports that foreign terrorist fighters based in Syria have recently been recruited into the Syrian army and calls on the Syrian interim authorities to fulfill their obligations in combating terrorism, Geng Shuang said.

    The interim authorities of Syria must take all necessary measures to combat all organizations and individuals included in the list of terrorists by the UN Security Council, including the East Turkestan Islamic Movement, and prevent dangerous substances and chemical weapons from falling into the hands of terrorists, the deputy permanent representative said.

    The political transition in Syria is at a critical stage. China sincerely hopes that peace and stability will return to Syria at an early date, Geng Shuang said.

    To this end, China calls on all relevant parties in Syria to fully interact and consult with each other, achieve maximum consensus, and move forward with a broad and inclusive political transition in an orderly manner, he said.

    At the same time, the diplomat added, it is important to ease the humanitarian situation and begin economic recovery with the help of the international community. China supports the important role of the UN in this process, Geng Shuang summed up. –0–

    MIL OSI Russia News –

  • MIL-OSI Asia-Pac: Edison Awards_Gold 3D MAGVIS-NAV ICH System(MIRDC)

    Source: Republic of China Taiwan

    Hemorrhagic stroke is a sudden and life-threatening condition caused by bleeding within the brain due to a ruptured blood vessel. Each minute is critical for patient survival. Conventional treatment methods, such as craniotomy, often involve large incisions and repeated X-ray imaging to confirm instrument position, which increases surgical risk, prolongs procedure time, and exposes both patients and medical staff to significant radiation.

    MIRDC has earned international acclaim with its award-winning innovation, the 3D Magnetic Tracking-Guided ICH Surgical Navigation System (3D MAGVIS-NAV ICH System). By incorporating real-time magnetic tracking and visual assistance, the system significantly shortens decision-making time and greatly improves positional accuracy, showcasing Taiwan’s capabilities in advanced medical technology. Leveraging 3D magnetic-guided multifunctional endoscopy, it provides surgeons with a penetrating, GPS-like multidimensional view, enabling precise targeting of intracranial hemorrhage within confined spaces and substantially enhancing both the safety and success rate of stroke surgeries.

    3D MAGVIS-NAV ICH System integrates ultra-precise magnetic sensors with a flexible multifunctional endoscope, allowing dynamic tracking of surgical instruments within the brain. When combined with real-time medical imaging, it creates a 3D stereoscopic navigation environment. This enables accurate, single-attempt access to the bleeding site while avoiding repeated punctures and the risk of secondary hemorrhaging. Moreover, it reduces intraoperative radiation exposure by up to 80%. Clinically, the system has shown remarkable outcomes-reducing surgical mortality from 25% to 5% and significantly lowering postoperative rebleeding rates.

    Designed with a modular architecture, the 3D MAGVIS-NAV ICH System is built into a compact medical cart, making it easily deployable across healthcare institutions. It is especially suited for use in remote or resource-limited regions for urgent and critical care, reinforcing Taiwan’s global impact in the domains of smart healthcare and medical equity.

    Currently, MIRDC has strategically integrated the system with ClearMind Biomedical Inc. and is working with the Department of Neurosurgery at Kaohsiung Veterans General Hospital to offer safer and more effective clinical options. Moving forward, MIRDC will continue collaborating with medical device manufacturers and academic institutions to expand the system’s applications. With support for flexible endoscopy and puncture procedures, the platform can be extended to meet the precise navigation needs of the cardiac catheter positioning, lungs, liver, kidneys, breasts, bladder, sinuses, oral swallowing function and speech activity measurements and more-broadening its clinical value and medical impact.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Edison Awards_ Silver Compact and High-Performance Welding Cobot(MIRDC)

    Source: Republic of China Taiwan

    To overcome the welder shortage in large-scale steel constructing, the Metal Industries Research & Development Centre (MIRDC) has developed a groundbreaking innovation-the Compact and High-Performance Welding Cobot (CHPW), which has received the prestigious Silver Edison Award. This advanced robotic system acts like a welder’s “intelligent eyes,” equipped with real-time 3D laser scanning and AI-powered weld defect recognition to accurately capture and analyze the weld seam morphology. This enhance welding quality and bring digital transform large-scale welding industry, significantly reducing waste for rework time and labor cost, in advance to minimize human intervention.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: CHP investigates suspected case of mad honey poisoning

    Source: Hong Kong Government special administrative region

    The Centre for Health Protection (CHP) of the Department of Health is today (June 5) investigating a suspected case of mad honey poisoning, and reminded the public to buy honey from a reliable source or apiary.

         A 51-year-old female developed dizziness around 30 minutes after consuming honey earlier today. She attended the Accident and Emergency Department of Pok Oi Hospital and was hospitalised for observation due to hypotension and bradycardia. The patient is now in stable condition. Her clinical diagnosis was suspected mad honey poisoning.

         A preliminary investigation revealed that the patient had consumed honey brought by her relative from Nepal. The poisoning might have been caused by grayanotoxin. The CHP’s investigation is ongoing.

         Mad honey poisoning is caused by ingestion of honey containing grayanotoxins derived from plants belonging to the Ericaceae family, including rhododendrons. Grayanotoxins are neurotoxins which can affect nerves and muscles. Symptoms of poisoning include nausea, vomiting, diarrhoea, dizziness, weakness, excessive perspiration, hypersalivation and paraesthesia shortly after ingestion. In severe cases, hypotension, bradycardia or shock may occur.

         Members of the public are reminded to take heed of the following preventive advice:

    • Buy honey from a reliable source or apiary;
    • Discard honey with a bitter or astringent taste – grayanotoxin-containing honey may cause a burning sensation in the throat; and
    • Pay special attention to honey from India, Nepal and the Black Sea region of Türkiye as there have been grayanotoxin poisoning cases connected with honey from these areas.

    MIL OSI Asia Pacific News –

  • MIL-OSI Economics: Le Mans 24 Hours: Preview TOYOTA GAZOO Racing aiming for its sixth Le Mans win

    Source: Toyota

    Headline: Le Mans 24 Hours: Preview
    TOYOTA GAZOO Racing aiming for its sixth Le Mans win

    TOYOTA GAZOO Racing takes on the challenge of an ultra-competitive Hypercar grid in the 93rd edition of the Le Mans 24 Hours (14-15 June), which marks the 40th anniversary since Toyota’s first appearance in endurance racing’s most prestigious event.

    MIL OSI Economics –

  • MIL-OSI United Kingdom: Derby Market Hall launches booking process for pop-up traders

    Source: City of Derby

    Derby Market Hall has launched a new booking process for those who are interested in having a temporary pop-up stall.

    The revitalised Grade II listed building has undergone a significant £35.1m transformation, creating a vibrant hub in the heart of the city that brings together the best of the region’s independent shopping, eating, drinking, and entertainment under one stunning roof. 

    The Market Hall was officially reopened on Saturday 24 May – drawing in over 34,500 visitors during its first three days – and hosted a week-long celebration packed with live music and family-friendly workshops. 

    The pop-up barrows offer visitors an opportunity to enjoy something different each time they visit. With a central location, they offer a prime opportunity for traders to showcase their products in one of Derby’s most historic and iconic buildings. With rates starting at just £15 per day, these pop-up barrows have been carefully designed for Derby creatives to showcase their talent to visitors from across the region. 

    Pop-up traders will not only benefit from the incredible footfall at the Market Hall, but they will be trading and selling their products under a new vision for the Market Hall and will a part of the new vision to offer something for everyone.

    Carla Dee, owner of Love Lalaland, said:

    I had such an awesome experience at the opening week at the Derby Market Hall. It was the perfect spot in the centre of Derby and the most stunning venue to showcase my work and meet so many wonderful people. The Market Hall team are always on hand to help, and most importantly, with a smile on their faces. I will definitely have a pop-up again in the near future.

    Eve Ward, owner of Ivy Rose, said:

    I absolutely loved my pop-up. The size of the barrow was perfect, and I found the cupboards underneath very handy.

    Traders who are interested in booking a pop-up can apply through the Eventaly platform where they can also check availability and terms and conditions. 

    In addition to pop-up stalls, Derby Market Hall is also recruiting permanent traders to join its diverse community. Since the reopening, Derby Market Hall has received 46 enquiries from prospective permanent traders. Businesses who are interested in having a permanent stall can submit their applications on the Derby Market Hall’s website. 

    Councillor Nadine Peatfield, Leader of Derby City Council and Cabinet Member for City Centre, Regeneration, Strategy and Policy, said:

    The revitalised Derby Market Hall is more than just a marketplace. We’re marking a new era for the historic Grade II listed building, and it has been transformed into a vibrant hub in the heart of the city which is marking a new era for the region’s independent shopping, dining, and entertainment. 

    We have received such positive feedback from our pop-up and permanent traders since opening. This is an amazing opportunity for creatives from across the region to sell their products to a diverse range of visitors.

    More information about traders and events is available on the Derby Market Hall website. You can also follow Derby Market Hall on Facebook and Instagram. 

    Derby Market Hall is open 8am – 3pm from Monday to Wednesday; 8am – 10pm Thursday to Saturday and 11am until 3pm on Sunday. 

    MIL OSI United Kingdom –

  • MIL-OSI Russia: Happy Russian Language Day! Celebrate the holiday with GUU

    Translation. Region: Russian Federal

    Source: State University of Management – Official website of the State –

    Every year on June 6, Russia and the world celebrate Russian Language Day. This day was established in 2010 by decision of the UN General Assembly in honor of the birthday of the great Russian poet Alexander Sergeevich Pushkin.

    The Russian language is not just a means of communication. It is the language of a rich culture, centuries-old history and great works of literature, philosophy and art that continue to inspire new generations around the world.

    The State University of Management congratulates all native Russian speakers on the holiday, especially the Department of Russian Language and General Disciplines of the State University of Management. On this special day, we wish you the desire to learn and love your native language. Let the study of the Russian language open up new horizons, allow you to understand Russian culture and traditions more deeply, and help you establish strong ties with people from other countries.

    We invite you to celebrate this day together with the SUM Scientific Library and the book club “Let’s Discuss?” and discuss the work of the great poet over a cup of tea, recall famous works, and read your favorite excerpts. SUM students from Guinea-Bissau will also take part in the event.

    We are waiting for everyone at 12:00 on June 6 in reading room No. 2 of the Scientific Library of the State University of Management.

    In addition, a festive quiz on the knowledge of the book preferences of Alexander Sergeevich himself will be held in the GUU telegram channel. Subscribe to the channel so as not to miss the start of the quiz and always be aware of the news of the first management.

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

    MIL OSI Russia News –

  • MIL-OSI Video: UK Committee Corridor, Episode 4 out now 🎧

    Source: United Kingdom UK Parliament (video statements)

    The UK faces a dual crisis: not enough homes, and a climate emergency. Can we fix both?

    On Committee Corridor Episode 4, our host Toby Perkins, sits down with Kate Henderson from the National Federation of Housing, Joe Powell MP, and Lord Moylan to discuss the UK’s urgent housing crisis and climate commitments.

    Listen now, wherever you get your podcasts

    https://www.youtube.com/watch?v=-D-92jsutzA

    MIL OSI Video –

  • MIL-OSI United Kingdom: PM meeting with King Abdullah II of Jordan: 5 June 2025

    Source: United Kingdom – Executive Government & Departments

    Press release

    PM meeting with King Abdullah II of Jordan: 5 June 2025

    The Prime Minister hosted His Majesty the King of Jordan Abdullah II at Downing Street this afternoon.

    The Prime Minister hosted His Majesty the King of Jordan Abdullah II at Downing Street this afternoon.

    The leaders discussed the gravity of the intolerable situation in Gaza, and the concerning developments in the West Bank.

    The Prime Minister reiterated that if Israel did not cease the renewed military offensive and lift its restrictions on humanitarian aid, the UK and its partners would take further concrete actions in response.

    It was vital a sustainable ceasefire and the release of all hostages was secured, and humanitarian aid was delivered at speed and volume, the Prime Minister added.

    Both leaders agreed on the importance of the Palestinian Authority’s reform agenda as part of the path to a two-state solution and lasting peace and security for both Israelis and Palestinians.

    The leaders also discussed the wider bilateral relationship between the UK and Jordan, and the opportunity to deepen business and investment links between the two countries.

    Both looked forward to speaking again soon.

    Updates to this page

    Published 6 June 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Progress on Active Transport Corridors

    Source: Scotland – City of Dundee

    The journey to provide sustainable transport corridors along major Dundee routes is moving forward thanks to a £745,000 grant from the Scottish Government. 

    Engineering consultancy SWARCO has been appointed to develop detailed construction-ready designs for the Lochee Road and Arbroath Road corridors. These designs will integrate active travel and bus priority measures, building on initial concept work. Fully funded by Transport Scotland, the design work will include various elements including surveys, traffic modelling, design development and community consultation and engagement. 

    These corridors are central to Dundee City Council’s Sustainable Transport Delivery Plan, which outlines ambitious plans to enhance and expand the city’s sustainable transport infrastructure.  

    With around 20,000 vehicle movements daily on these routes, the improvements aim to make walking, cycling, and bus travel more attractive alternatives to car use. This will help to reduce congestion, improve air quality, and connect communities with affordable, low-carbon transport options.  

    The award of the tender will be discussed by the council’s Fair Work, Economic Growth and Infrastructure Committee at its meeting on Monday June 9. 

    Depute Convener Cllr Siobhan Tolland said: “As we look to the future and work to meet our climate and net zero commitments, active and sustainable travel will play an increasingly important role in that journey. 

    “These transport methods will make a substantial positive contribution to the city’s health and wellbeing and also further improve air quality. 

    “The new corridor designs will help us bring forward practical solutions to encourage more people to walk, wheel, cycle, and use public transport along these key routes.”                        

    Meanwhile, the committee will also be asked to approve a £112, 255 tender for a pocket park in Lochee. 

    The project is being supported by funding from Scottish Government’s Vacant and Derelict Land Investment Programme, as well as Transport Scotland’s Active Travel Infrastructure Fund. 

    Works, which would be carried out by Tayside Contracts, would see the construction of a pocket park and raingarden in vacant land near the Lochee High Street/Bank Steet road junction.   

    The raingarden element will contribute to wider drainage improvements for the area to provide a surface water connection point for new development in Lochee. 

    Councillor Tolland added: “Pocket parks have been delivered successfully across other areas in Dundee and help in efforts to encourage people to get out, be active and enjoy their local community.” 

    MIL OSI United Kingdom –

  • MIL-OSI Asia-Pac: Seminar for DC members held

    Source: Hong Kong Information Services

    ​The Home & Youth Affairs Bureau (HYAB) today held a training seminar for District Council (DC) members to enhance their communication with the media and promote good building management practices.

    ​Speaking at the seminar held at the Central Government Offices, Under Secretary for Home & Youth Affairs Clarence Leung said he hoped that the training could help DC members better discharge their duties so as to further improve the efficacy of district governance, thereby building a harmonious community together.

    ​​Today’s training seminar had two parts. In the first part, a guest speaker shared the latest media landscape and skills in engaging with the media.

    The bureau said that DC members, by strengthening their communication with the media, could help citizens understand their work under the improved district governance system more effectively through the media.

    Hence, they could better serve as the bridge between the Government and the people, Mr Leung added.

    Before the second part of the seminar, Secretary for Home & Youth Affairs Alice Mak addressed DC members.

    She quoted Liaison Office of the Central People’s Government in the Hong Kong Special Administrative Region Director Zhou Ji, who described the DCs’ “the three district committees” – the Area, District Fight Crime and District Fire Safety committees – and the Care Teams as the troika after improvements to district governance were made.

    Miss Mak also reiterated Mr Zhou’s reminder to DC members to strengthen collaboration with “the three district committees” and the Care Teams, to address and resolve people’s conflicts at an early stage.

    She encouraged DC members to familiarise themselves with the building management legislation, so as to provide support and assistance to owners and residents in need, and to facilitate the smooth operation of building management.

    ​Afterwards, the guest speaker shared with DC members information on the Building Management (Amendment) Ordinance 2024 due to take effect on July 13.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: The Automotive Research & Testing Center’s Level 3 Autonomous Electric Bus won the Bronze Award in the 2025 Edison Awards.

    Source: Republic of China Taiwan

    Taiwan’s Automotive Research & Testing Center (ARTC) has reached a major milestone in the field of smart mobility. Through the integration of advanced technologies and collaboration with local industry partners, ARTC has successfully developed the country’s first domestically produced electric bus with Level 3 autonomous driving capabilities. This innovation was internationally recognized with a Bronze Award at the 2025 Edison Awards, underscoring Taiwan’s growing influence in global intelligent transportation.

    At the core of this achievement is a highly intelligent electric bus equipped with a suite of advanced sensors and control systems. The vehicle is capable of real-time monitoring of the driving environment, autonomous control, and seamless transitions between manual and autonomous driving modes when road conditions permit. These features are enabled by an integrated platform that combines perception, decision-making, and vehicle control technologies.

    The autonomous system is designed to maintain lane discipline and avoid obstacles by analyzing road features. When the driver activates the turn signal, the system ensures that a safe gap in traffic is available before assisting in the maneuver. These capabilities not only enhance driving safety but also alleviate the driver’s workload-particularly in complex or congested driving environments.

    In addition, the vehicle incorporates a driver monitoring system that uses facial and posture recognition to assess the driver’s readiness to take over control. If the environment becomes unmanageable and the driver is unresponsive-due to fatigue or distraction-the bus will automatically reduce speed and come to a safe stop or pull over. This significantly reduces the risk of accidents caused by human error or delayed reaction times.

    Currently, most buses in Taiwan still rely heavily on manual driving, making driver fatigue a key safety concern. The implementation of Level 3 autonomous functions provides a practical solution for improving operational safety and passenger comfort. It also marks an important step toward more intelligent and sustainable forms of public transportation.

    The project was made possible through ARTC’s partnership with Taiwanese bus manufacturer CHTC Motor. The resulting vehicle meets both domestic requirements and key international standards, including UNECE regulations UN R79 and UN R157. These cover features such as automated lane keeping, emergency steering, and lane change assistance-essential functions for Level 3 autonomy.

    Being named a Bronze Winner at the 2025 Edison Awards-one of the world’s most prestigious accolades for innovation-demonstrates the global competitiveness and technical excellence of Taiwan’s smart mobility initiatives. The Edison Awards honor excellence across industries in technology development, product innovation, and applied science.

    Looking ahead, ARTC will continue advancing next-generation intelligent transportation technologies through industry collaboration and applied research. The successful deployment of Taiwan’s first Level 3 autonomous electric bus is not only a technological achievement-it signals that Taiwan is ready to compete in the global race toward smart and sustainable transportation.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: New microchip formats for dog IDs

    Source: Hong Kong Information Services

    The Government will introduce on August 1 an International Organization for Standardization (IOS) standard microchip that contains the specific code of Hong Kong for identifying dogs.

    The IOS microchip will also serve as evidence that the dog has been vaccinated against rabies.

    The Environment & Ecology Bureau said the Government will introduce an ISO microchip containing the city’s specific code, in addition to the existing AVID microchip.

    Dogs in Hong Kong already implanted with the AVID microchip and dogs legally imported and implanted with the ISO microchip, do not need to additionally implant the ISO microchip containing the Hong Kong specific code.

    As ISO microchip is commonly used in many countries and places, the new measure will further facilitate the movement of dogs into and out of Hong Kong while ensuring the source of the microchip could be traced.

    Two notices about the introduction of the IOS microchip and the exemption measures respectively, were published in the Gazette today.

    The Government has consulted the Legislative Council Panel on Food Safety & Environmental Hygiene and stakeholders regarding the notices, and obtained general support for the new measures.

    The Rabies Regulation (Amendment of Schedule 3) Notice 2025 and the Rabies (Transponders on Imported Dogs) (Exemption) Notice will be tabled before LegCo on June 11 for negative vetting, and will enter into force on August 1.

    MIL OSI Asia Pacific News –

  • MIL-OSI Africa: African countries are bad at issuing bonds, so debt costs more than it should: what needs to change

    Source: The Conversation – Africa – By Misheck Mutize, Post Doctoral Researcher, Graduate School of Business (GSB), University of Cape Town

    Over the past two decades, African countries have increasingly turned to international capital markets to meet their development financing needs. For example, Kenya and Benin raised a combined US$2.5 billion through bond issuances during the first half of 2025. Proceeds were used to repay maturing bonds. This means new bonds, with unfavourable terms, are being issued to pay previous lenders.

    Yet African bonds are substantially mispriced, resulting in excessively high yields that are not justified by fundamentals – based on economic, fiscal and institutional strengths. Mispricing occurs when a country has high economic growth, stable institutions that support government policy implementation, rule of law and accountability, yet its bonds trade at higher yields than those of its peers. In other words, there will be every reason for investors to trust that the country will repay what it owes, but they still expect a higher return. This is happening because of lack of information and biases perpetuated by global entities that are facilitating bond sells in Africa.

    Côte d’Ivoire and Senegal have strong growth (5% to 6.5%), yet they face high yields on their bonds (7.8% to 8.2%) compared to Namibia and Morocco with approximately 3% growth and bond interest of 6%.

    This mispricing imposes a heavy debt servicing burden on already constrained public budgets.

    At the same time African countries face a puzzling paradox: while they’re paying more for the debt they’re raising, the demand for these bonds is much higher (oversubscribed). All bond issuances in Africa are subscribed by as much as over five times. This has only been common in Africa. It is puzzling why governments are not leveraging on the high demand to bargain for lower interest rates.

    In my view, based on my bond pricing modelling expertise, I believe that mispricing of Eurobonds in Africa – debt instruments issued by a country in a currency different from its own – is not a market anomaly. It shows internal capacity failures in African countries, structural market biases and insufficient understanding of the complex mechanics of global debt markets.

    Oversubscription of Eurobonds should be a source of power for African governments, not a missed opportunity. African countries can move from being price takers to price negotiators. They should be able to reduce debt costs, freeing up resources for development.

    But to get there African countries need to address the power imbalance in the markets.

    Governments need to invest in bond pricing expertise to increase their negotiating power.

    The false success signal of oversubscription

    There are several reasons why African bonds remain mispriced at a higher interest despite the oversubscriptions.

    Firstly, a lack of technical expertise in primary bond issuance in the debt management offices of the majority of African governments. Very few on the continent have intelligence systems for gathering information on financial markets and formal investor relations programmes. Neither do they have in-house quantitative analysts or pricing specialists capable of engaging investment banks on an equal footing during roadshows and negotiations.

    The debt management offices are unable to engage confidently and critically with financial intermediaries to challenge assumptions, simulate pricing scenarios and conduct their own comparative market analysis.

    After initial public offers, most governments don’t engage with holders of their bonds on the secondary market. Nor do they monitor bond post-issuance performance. The lack of interest in the secondary market has created a feedback loop where poor market intelligence has contributed to high coupons on new issuances.

    Secondly, advanced economies engage investors regularly through briefings, roadshows and timely reports. Communication by African governments is often ad hoc and usually limited to the period around a new bond issuance.

    This prevents investors from forming informed, long-term views. It leads to a default risk premium in pricing.

    Thirdly, debt issuance by African governments is often politically driven rather than strategically timed. Often this leads to rushed or ill-prepared entries.

    Sometimes it’s done when the cost of debt is rising globally, close to election cycles, or because governments are facing a financial crunch caused by falling reserves.

    Read more: African governments have developed a taste for Eurobonds: why it’s dangerous

    Fourth, African sovereigns often approach the Eurobond market with weak negotiating power. They are heavily reliant on a small pool of western investment banks as technical advisors to manage the bond issuance. These banks tend to be more inclined towards their own global investment client networks. Their incentives are not aligned with achieving the lowest possible yield for the issuers.

    African issuers often accept the initial price guidance from advisors and agree to high yields even in oversubscribed situations. Even when demand could support a lower yield, African issuers fail to negotiate pricing downwards. Issuing syndicates have no incentive to push for optimal pricing for the issuer as they receive transaction-based fees.

    Read more: African countries aren’t borrowing too much: they’re paying too much for debt

    The role of bond issuing syndicates is a major factor in the mispricing. In bond issuance, a syndicate is a group of financial institutions that structures the bond, price and market (also known bookbuilding), underwrite the unsold portion of the bond, sell the bond to their investors, and ensure compliance and documentation. These syndicates set coupon rates higher than necessary as a conservative hedge against perceived investor scepticism.

    African governments have become passive participants rather than active price-setters. African-based bond syndicates are systematically bypassed despite growing regional capacity and distribution networks. Bond issues are also allocated to offshore buyers, sidelining local institutional investors.

    Breaking the cycle of mispricing

    To correct the systemic Eurobond mispricing and reduce debt servicing costs, African countries must undertake reforms.

    First, governments should invest in debt management capacity.

    Second, they must actively monitor secondary market trading to identify opportunities such as bond buybacks and exchanges that could improve the debt profile. Real-time analytics on bond trading performance should inform future issuance terms and investor communication strategies.

    Third, governments must build institutional routines for submitting data, and proactively engage investors and rating agencies. This will challenge and influence risk assumptions. Investors need consistent assurances, especially on the ability to easily exit positions.

    Fourth, African countries need to maintain and monitor up-to-date benchmarks from peers with comparable pricing data. Without accurate comparisons, it is difficult to know whether the proposed bond pricing by syndicates is fair and accurate. They must stop solely relying on what investment banks recommends.

    Lastly, African governments should involve at least one African-based syndicate member, prioritise allocation to African institutional investors and promote regional arrangements with international banks to ensure knowledge transfer and equitable participation.

    – African countries are bad at issuing bonds, so debt costs more than it should: what needs to change
    – https://theconversation.com/african-countries-are-bad-at-issuing-bonds-so-debt-costs-more-than-it-should-what-needs-to-change-257128

    MIL OSI Africa –

  • MIL-OSI China: Xi receives visit from Panchen Rinpoche

    Source: China State Council Information Office

    Xi receives visit from Panchen Rinpoche

    Xinhua | June 6, 2025

    Chinese President Xi Jinping on Friday called on Panchen Rinpoche to make greater contributions to promoting ethnic unity and religious harmony, as well as the stability, development and progress in southwest China’s Xizang Autonomous Region.

    Xi, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, made the remarks while receiving a visit from Panchen Erdeni Chos-kyi rGyal-po at Zhongnanhai in Beijing. 

    MIL OSI China News –

  • MIL-OSI China: Targeting greener future, China embraces low-carbon growth with strides

    Source: China State Council Information Office

    From coal-powered plants belching smoke to vast expanses of solar panels glinting under the sun, China’s transition to green development is moving at a fast clip with notable progress, propelled by President Xi Jinping’s commitment to building a more sustainable future.

    In 2024, 86 percent of newly installed power capacity in China came from renewable energy sources, while the share of cumulative installed renewable capacity rose to a record high of 56 percent of the national total, official data showed.

    The figures reflect years of arduous efforts of the world’s largest developing country to pivot from fossil fuels toward cleaner energy sources, spearheaded by Xi’s steady and strategic commitment to a low-carbon development path.

    Xi, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, said in 2020 that China will strive to peak carbon dioxide emissions before 2030 and achieve carbon neutrality before 2060. The pledge represents the steepest cut in carbon emission intensity in the shortest period of time that the world has ever seen.

    “Carbon peaking and carbon neutrality are not something asked of us, but something we are doing on our own initiative,” Xi once said, adding that the goals cannot be achieved easily but efforts must be made immediately.

    Calling for advancing green and sustainable development rather than GDP-oriented growth, Xi has urged regions burdened by outdated industrial models to accelerate green transitions while balancing the need for energy security.

    Inner Mongolia Autonomous Region in north China offers a vivid illustration. Rich in coal and central to the nation’s energy supply, the region had been leaning on high-polluting industries and resource-intensive growth.

    In 2018, during a joint deliberation with fellow lawmakers from Inner Mongolia, Xi urged the region to develop the modern energy sector effectively by following the latest industrial trends.

    Over recent years, the region has quickened its pace of transformation. Once known for coal and desert, it is now dotted with vast arrays of solar panels and wind turbines. By the end of 2024, the region’s installed new energy capacity, which includes wind power and solar energy, had overtaken thermal power for the first time, reaching the landmark a full year ahead of schedule.

    The region’s green transition mirrors broader national efforts. To achieve its carbon reduction goals, the government has introduced sweeping measures, including the expansion of market mechanisms to drive change.

    In July 2021, China officially launched its national carbon emissions trading market, a critical step in reducing carbon footprints and meeting emissions targets. The platform has since evolved into the world’s largest carbon market by the amount of greenhouse gas emissions traded. Notably, the carbon-emissions intensity in the generation of electricity has since decreased by 8.78 percent.

    While striving to tackle climate change, China’s green push has also emerged as a powerful engine of economic growth. “Green, circular, and low-carbon development represents the trend of the current technological revolution, and the direction in which is shifting,” Xi said at a meeting in 2015. He also noted that with unparalleled future prospects and potential, the development will create a number of growth drivers.

    Since Xi announced carbon peaking and carbon neutrality targets nearly five years ago, China has built the world’s largest and fastest-growing renewable energy system as well as the largest and most complete new energy industrial chain.

    The country’s production and sales of new energy vehicles have secured the top position in the world for 10 consecutive years. It also emerged as a global technology leader in sectors such as solar panels, lithium batteries, and carbon capture, among others.

    Xi has also underscored the key role a sound ecological environment plays in supporting China’s long-term development, and has long been concerned about land restoration and afforestation.

    For 13 consecutive years, Xi has maintained a tree-planting tradition, joining officials and citizens to promote the country’s afforestation drive. From 2012 to 2024, China’s afforestation area was equivalent to over twice the size of Germany.

    With nearly one-fifth of the world’s population, China’s green transformation carries global significance. The country has been working to help power the world’s green transition by sharing its expertise in green technologies and aiding clean energy projects in developing countries.

    Between 2016 and 2023, China provided a total of 24.5 billion U.S. dollars in climate-related funding to other developing countries. In 2023 alone, China’s exports of wind and solar products helped other countries reduce carbon emissions by 810 million tonnes.

    “However the world may change, China will not slow down its climate actions, will not reduce its support for international cooperation, and will not cease its efforts to build a community with a shared future for mankind,” said Xi at the Leaders Meeting on Climate and the Just Transition in April. 

    MIL OSI China News –

  • MIL-OSI China: 9th China-South Asia Expo to be held in China’s Yunnan

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

    The 9th China-South Asia Exposition will be held in Kunming, capital city of southwestern China’s Yunnan province, from June 19 to 24. In 2024, the trade volume between China and South Asian countries reached nearly US$200 billion, doubling the amount from a decade ago, recording an average annual growth rate of around 6.3%.

    MIL OSI China News –

  • MIL-OSI China: Alvarez on target as Argentina sink Chile

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

    Julian Alvarez scored a first-half winner as Argentina clinched a 1-0 away victory over Chile in their FIFA World Cup qualifier on Thursday.

    The visitors took the lead in the 16th-minute at Estadio Nacional in Santiago when Alvarez ran onto Thiago Almada’s through ball and lifted a shot over goalkeeper Brayan Cortes.

    Argentina controlled more than two thirds of possession against a Chile side that could only manage three shots on target.

    With World Cup qualification already secured, Argentina started without captain Lionel Messi, as manager Lionel Scaloni fielded a largely inexperienced side.

    Messi replaced Nico Paz in the 57th minute and the 37-year-old came close to scoring shortly after with a dangerous free-kick that was saved by Cortes.

    Scaloni paid tribute to his players’ commitment after the match, adding that Chile had provided a stern test.

    “It’s the players’ job to always give their all when they wear the national team shirt,” he told a post-match news conference. “These are tough matches because the players are having to get through a lot of games, but everyone wanted to be here and contribute – that’s the important thing.”

    While Argentina can already start preparing for football’s showpiece tournament in the United States, Mexico and Canada next year, Chile’s chances of qualifying are distant.

    Ricardo Gareca’s side is currently last in the 10-team South American zone standings and even three wins from its three remaining qualifiers might not be enough to secure a playoff spot.

    In other CONMEBOL World Cup qualifiers on Thursday, Ecuador and Brazil drew 0-0 in Guayaquil and Paraguay beat Uruguay 2-0 in Asuncion.

    MIL OSI China News –

  • MIL-OSI China: Crossing mountains, Chinese youth building future beyond the fields

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

    On a crisp spring morning, Wang Bing navigated frost-rimmed paths toward her office at the government building of Taxkorgan Tajik Autonomous County in northwest China’s Xinjiang Uygur Autonomous Region, a windswept frontier perched 4,000 meters above sea level on the Pamir Plateau.

    Last year, the 24-year-old from Inner Mongolia Autonomous Region in north China had joined 44 peers in the “Go West” program, trading city life for a government audit role in one of China’s most remote regions. Her sun-burned cheeks tell a story shared by hundreds of thousands — generations redefining success through service in the nation’s hinterlands.

    Wang’s journey mirrors a seismic shift among China’s youth. Since its launch in 2003, China’s “Go West” program has enabled 540,000 young volunteers to serve across over 2,000 county-level regions in the country’s vast, underdeveloped western regions for a year or more, according to the Communist Youth League of China. The talent program seeks to bring fresh perspectives and energy to areas with significant growth potential.

    In Kuqa City’s No. 3 Middle School, Liu Daqian from Harbin Institute of Technology (HIT) in northeast China, helps his students, who once “struggled to hold a mouse,” to practice robot programming. In January 2024, an HIT alumni-founded company donated an AI laboratory to the school. That same year, two student teams mentored by HIT volunteer teachers won national competition awards, setting a new record for southern Xinjiang.

    “I studied bridge engineering, and I want to build that same kind of bridge, one that connects children to a bigger world,” said Liu, who teaches geography. To his students, the witty and humorous teacher from Heilongjiang Province possesses a magical charm — he always seems to have the answer to every question.

    Of those in the “Go West” program, over 55,000 volunteers have served in Xinjiang, a region covering one-sixth of China’s territory, with more than 15,000 choosing to remain in Xinjiang long term, the regional Communist Youth League Committee revealed.

    Wang Jiamin, meanwhile, has returned to familiar territory but in a new role. After earlier teaching in rural Yunnan Province in southwest China via this program, the Beijing Foreign Studies University graduate has gone back to Yunnan after her stint as a student in the Chinese capital, this time serving as a civil servant. Calling Yunnan her “second hometown,” Wang expressed excitement about trekking through the fields and visiting the homes of villagers to persuade families to send their children back to school.

    There are also rooted professionals active in rural settings in the west of China. Dressed in pink scrubs and gloves, 29-year-old veterinarian Bai Hua deftly examined a cow in Guyuan of northwest China’s Ningxia Hui Autonomous Region, where she was born into a cattle farming family and has practiced as a veterinarian for a decade since graduating from a local vocational-technical school.

    “Field vets must travel village-to-village daily and most can’t handle it,” she said, recalling initial skepticism from farmers about her petite frame. “But skill outweighs size,” she added. Her team now treats over 100 livestock daily — providing critical expertise to remote farms.

    Youth-driven innovation is transforming rural economies. In the mountainous areas of Longnan, northwest China’s Gansu Province, tech-savvy entrepreneur Zhao Wuqiang could be seen live-streaming his walnut oil products to national audiences. A former software engineer in eastern China, Zhao made a pivotal career shift 14 years ago. His foresight of China’s internet boom and his hometown’s untapped potential combined to create a 380-million-yuan (about 52.9 million U.S. dollars) business integrating more than 200 farming cooperatives, establishing direct farm-to-table supply chains while modernizing walnut cultivation for some 12,000 farmer households.

    “Upgraded rural internet infrastructure and logistics networks have been game-changers for our e-commerce growth,” Zhao said. The ex-programmer’s company has garnered 130,000 followers on social media platforms.

    Official statistics showed that as of the end of 2024, over 90 percent of China’s administrative villages had achieved 5G network coverage, with gigabit broadband networks now available in all county-level regions. Notably, rural logistics infrastructure has also seen significant enhancement, with 346,000 integrated mail and delivery service stations now operational at village level — providing express delivery access to more than 95 percent of the country’s administrative villages.

    As China accelerates its agricultural modernization, a growing wave of urban youth are returning to their rural roots. In Anji County of east China’s Zhejiang Province, an eco-tourism hotspot which drew over 34 million visitors last year, Ding Chuxiao, 27, blends design flair with tea culture and farm experiences.

    Ding’s creative teahouse showcases her artistic vision through bamboo products, white tea caddies and canvas bags with ink-wash painted tea hills, capitalizing on Anji’s booming rural tourism. The slower pace there fuels her creativity, and Ding’s business now generates revenue of more than 100,000 yuan annually.

    China’s urban-rural development model preserves rural landscapes while injecting modern elements, addressing agricultural gaps to achieve shared prosperity. “Young people bring fresh perspectives and market savvy to identify new opportunities in rural revitalization,” said Xue Zelin, a senior fellow and secretary of the Communist Youth League Committee of Shanghai Academy of Social Sciences.

    To date, more than 12 million people have returned to or settled in rural areas to start businesses across China, according to Han Wenxiu, executive deputy director of the Office of the Central Committee for Financial and Economic Affairs, who noted that human capital is fundamental to rural revitalization, emphasizing the need to leverage the countryside’s abundant opportunities to attract talent while utilizing its pleasant and scenic living conditions to retain them.

    “Even deep in the mountains, if you settle in with commitment and perseverance, you’ll grow upward and see the promise of rural revitalization,” Zhao said. 

    MIL OSI China News –

  • MIL-OSI Europe: ECB to add new reporting agents to the €STR

    Source: European Central Bank

    6 June 2025

    • 24 new banks to be added to the euro short-term rate (€STR) reporting population as of 2 July 2025
    • Increase in reporting population will further support the benchmark’s robustness and representativeness

    The European Central Bank (ECB), as administrator of the euro short-term rate (€STR), will expand the number of banks included in the €STR reporting population as of 2 July 2025 (reference to 1 July) by adding 24 banks to the 45 currently included in the rate’s daily calculation. The new banks were already added to the reporting population for Money Market Statistics Reporting (MMSR) on 1 July 2024, but were not included in the €STR calculation until it could be ensured that the newly reported data are of sufficiently good quality.

    The expansion of the €STR sample size will improve both the robustness and the representativeness of the benchmark, which will now be supported by higher transactions volumes from a wider range of reporting institutions.

    The impact on the level of the rate is expected to be limited, as the average difference observed during the testing period since July 2024 was only approximately -0.2 basis points.

    The list of the new MMSR reporting banks that will be added to the €STR calculation is available on the ECB’s money market statistical reporting page.

    For media queries, please contact Benoit Deeg, tel.: +49 172 1683704.

    Notes:

    Please find more information about the €STR.

    MIL OSI Europe News –

  • MIL-OSI Banking: New Development Bank, Bank of China and Haitong Unitrust Financial Leasing sign RMB 1.2 billion Syndicated Loan Agreement to Support Environmental Projects in China

    Source: New Development Bank

    The New Development Bank (NDB), Bank of China and Haitong Unitrust International Financial Leasing (HUIFL) have signed a syndicated loan agreement totalling RMB 1.2 billion to finance green leasing sub-projects that support China’s environmental goals and climate commitments.

    The signed loan agreement supports China’s transition toward a new growth model centred on low-carbon development, climate resilience, and environmental protection. Despite progress in recent years, environmental protection and climate change mitigation continue to be considered national priorities, and this Project aligns directly with that policy direction.

    Under the loan agreement, NDB will provide RMB 713.32 million, Bank of China will contribute RMB 500 million, and HUIFL will use the funds to acquire and lease equipment to lessees implementing sub-projects related to wastewater treatment, solid waste management, and metallurgical waste gas utilization for power generation. To promote balanced development, eligible sub-projects will be located outside China’s four Tier I cities, channelling investment into less-developed regions.

    This is the first time NDB mobilizes private capital in a syndicated operation, marking a significant evolution in the Bank’s development financing approach. Since the adoption of the Addis Ababa Action Agenda in 2015, multilateral development banks have increasingly prioritized the mobilisation of private capital to help bridge the significant financing gap required to achieve the 2030 Agenda. In line with this collective commitment, NDB is scaling up private capital mobilization, and this transaction represents a concrete step in implementing that strategy, positioning NDB as a project orchestrator within its member countries.

    Aligned with NDB’s General Strategy for 2022–2026, this operation reinforces New Development Bank’s commitment to financing sustainable development projects using local currency instruments, while strengthening domestic financial markets and fostering private sector participation.

    “NDB is proud to partner with Bank of China and Haitong Unitrust Financial Leasing to finance green sub-projects that promote sustainable development and support China’s environmental goals and climate commitments. This initiative addresses the need for climate resilience and environmental protection and contributes to increasing investment in less-developed regions in China,” said Mr. Vladimir Kazbekov, NDB Vice-President and Chief Operating Officer. “In helping to address the infrastructure financing gap, New Development Bank is playing a catalytic role in mobilizing resources from diversified funding sources, particularly from the private sector, in line with its General Strategy.”

    “The successful launch of this environmental protection syndicated loan represents not only a concrete initiative by Bank of China Shanghai Branch, NDB, and HUIFL to actively implement national strategies, but also an innovative collaboration among the three parties. Taking this opportunity, Bank of China Shanghai Branch will further leverage its global advantages and comprehensive strengths to provide more professional services to NDB and HUIFL, jointly injecting green and sustainable momentum into high-quality economic and social development,” said Mr. Xiao Wang, General Manager of Bank of China, Shanghai Branch.

    “Taking this cooperation as a starting point, Guotai Haitong Securities and HUIFL will leverage the group’s global resources and partner with NDB and Bank of China to proactively serve the national strategies, actively increase support to areas of environmental protection and energy efficiency and jointly address issues in green development,” said Mr. Yuxing Mao, Vice-President of Guotai Haitong Securities Company.

    Background Information

    New Development Bank

    NDB was established by Brazil, Russia, India, China and South Africa to mobilize resources for infrastructure and sustainable development projects in BRICS and other emerging market economies and developing countries, complementing the existing efforts of multilateral and regional financial institutions for global growth and development.

    For more information on NDB, please visit www.ndb.int

    Haitong Unitrust International Financial Leasing

    Established in 2004 and headquartered in Shanghai, HUIFL is a leading financial leasing company in China, with operations across sectors including advanced manufacturing, energy and environmental protection, construction, urban utilities and transportation & logistics. HUIFL is listed on the Hong Kong Stock Exchange and has a strong track record in green leasing. In March 2025, the indirect controlling shareholder of HUIFL was changed to Guotai Haitong Securities Company, and the actual controller was Shanghai International Group.

    For more information on HUIFL, please visit www.utfinancing.com

    Bank of China

    Bank of China was established in 1912 and is the oldest continuously operating state-owned commercial bank in China. In 2011, it became the first global systemically important bank from an emerging economy, with its international standing, competitiveness, and comprehensive strength ranking among the top tier of global banks. It operates branches across the Chinese mainland as well as in 64 countries and regions overseas.

    For more information on Bank of China, please visit https://www.boc.cn/

    MIL OSI Global Banks –

  • MIL-OSI Banking: Result of the Daily Variable Rate Repo (VRR) auction held on June 06, 2025

    Source: Reserve Bank of India

    Tenor 3-day
    Notified Amount (in ₹ crore) 25,000
    Total amount of bids received (in ₹ crore) 3,550
    Amount allotted (in ₹ crore) 3,550
    Cut off Rate (%) 5.51
    Weighted Average Rate (%) 5.51
    Partial Allotment Percentage of bids received at cut off rate (%) NA

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2025-2026/492

    MIL OSI Global Banks –

  • MIL-OSI United Kingdom: Businesses invited to support fostering in their community

    Source: City of Derby

    Local businesses across Derbyshire and Nottinghamshire are being invited to play a vital role in shaping a brighter future for children and young people by supporting , a new regional fostering initiative.

    Foster for East Midlands Councils is a collaboration between Derby City, Derbyshire, Nottingham City and Nottinghamshire Councils. Launched in March 2024, it brings the four councils together for the first time to increase the number of local authority foster carers and strengthen support for those already fostering.

    As part of the campaign to engage the wider community, businesses are being encouraged to get involved by attending upcoming Business Breakfast Events. These informal networking sessions are designed to introduce organisations to fostering, offer insights from experienced foster carers, and provide practical steps for how businesses can help.

    Events are taking place on Thursday 19 June, 7.45am to 10am at Pride Park Stadium in Derby, and Wednesday 25 June, 7.45am to 10am at Notts County Football Club in Nottingham. Breakfast is complimentary and spaces are limited, so early booking is recommended. Visit the Foster for East Midlands Councils business support web page to book and find out more. 

    There are many additional ways businesses can support fostering in the community. This includes displaying posters or materials, sharing information on social media, including fostering updates in staff newsletters or intranet pages, hosting information events, offering promotional space or perks for foster families, and sponsoring local fostering initiatives.

    Businesses are also being invited to become fostering friendly employers by joining The Fostering Network’s recognised scheme. The scheme provides employers with the tools and guidance needed to support staff who foster and demonstrates a commitment to social responsibility. Foster for East Midlands Councils offers one-to-one guidance, sample policies, and ongoing support to help businesses adapt and submit their policy to the Fostering Network for approval. Once recognised, businesses can be celebrated publicly as Fostering Friendly.

    Foster for East Midlands Councils stresses that the involvement of the local business community is essential in building awareness, encouraging potential carers, and reinforcing a culture of support for children who need it most.

    Cllr Paul Hezelgrave, Lead Council’s Cabinet Member for Foster for East Midlands Councils said:

    Fostering doesn’t just transform a child’s life—it strengthens the entire community. By partnering with local businesses, we can inspire more people to step forward as carers and ensure every child grows up with stability, love and opportunities close to home.

    Any business interested in supporting fostering or attending an event can call 03033 132 950 or visit the how businesses can support fostering web page to book onto the events or make a general enquiry. The team welcomes all forms of partnership and is ready to help businesses find the right way to contribute.

    MIL OSI United Kingdom –

  • MIL-OSI New Zealand: Crash, State Highway 10, Waipapa

    Source: New Zealand Police

    State Highway 10 is closed at the intersection with Waipapa West Road following a crash.

    The two-vehicle crash was reported just before 7pm.

    Two people have sustained serious injuries.

    Diversions are in place via Waipapa Road.

    Motorists are advised to avoid the area and expect delays.

    ENDS

    Issued by Police Media Centre

    MIL OSI New Zealand News –