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Category: DJF

  • MIL-OSI Africa: Eritrea: Extensive Water and Soil Conservation Activities


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    Residents of nine administrative areas and 35 villages in the Halhal sub-zone of Anseba Region are conducting extensive water and soil conservation activities.

    Mr. Yasin Mohammed-Idris, head of the agriculture office in the sub-zone, reported that the popular campaign, which began in January, includes the construction of terraces, water catchment schemes, and road renovation. Mr. Yasin noted that so far, 518,466 meters of terraces have been constructed on arable land.

    Commending the strong participation of the residents in the campaign, Mr. Girmatsion Abraha, administrator of the sub-zone, stated that the water and soil conservation activities will significantly contribute to boosting agricultural production and controlling soil erosion.

    The residents, for their part, expressed readiness to continue their active participation until the start of the rainy season.

    Distributed by APO Group on behalf of Ministry of Information, Eritrea.

    MIL OSI Africa –

    July 2, 2025

  • MIL-OSI Africa: The European Union (EU) Accelerates Mining Investments Across Africa in H1 2025


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    The EU has increased financial and technical support for Africa’s mining sector in the first half of 2025, aligning its foreign investment strategy with the continent’s agenda to shape the global energy transition. In June this year, the EU named four Africa-bsed projects as part of its 13 globally strategic initiatives under the Critical Raw Materials Act. The projects include Mkango Resources’ 8,425-ton-per-annum Songwe Hill Rare Earths Project in Malawi and Frontier Rare Earths’ 4,000-ton-per-annum Zandkopsdrift magnet-grade rare earths project in South Africa. The Maniry Graphite Project in Madagascar led by Evion Group and a 6,000-ton-per-annum cobalt refinery in Zambia are also among the projects set to receive EU financial support and technical assistance.

    Amid increased EU support for African mining projects, the upcoming African Mining Week – Africa’s premier gathering for mining stakeholders, taking place from October 1–3, 2025 in Cape Town – will showcase lucrative investment and cooperation opportunities for EU companies in Africa’s burgeoning mining sector. The event will feature an EU-Africa Roundtable, showcasing the EU’s contribution to Africa’s mining sector sustainability.

    EU-DRC Mining Partnership Strengthened

    Two new programs announced by the EU this June have deepened the bloc’s mining partnership with the Democratic Republic of Congo (DRC) – the world’s top cobalt producer and Africa’s largest copper producer. The programs include the Cobalt for Development project which aims to formalize and uplift small-scale mining operations in the DRC. Meanwhile, the upcoming Panafgeo+ geological mapping program – led by France’s Bureau of Geological and Mining Research in collaboration with DRC’s Ministry of Mines – will enhance the country’s geological knowledge base. At AMW, a panel titled The Cobalt Opportunity: DRC’s Strategic Position in the EV Revolution will unpack trends and opportunities within the DRC’s cobalt sector value chain.

    EU Backs African Mineral Logistics Expansion

    The EU is also backing strategic infrastructure development to facilitate connectivity between mineral-rich African markets and EU buyers. The Africa Finance Corporation recently secured a €250 million, 10-year loan from Italy’s development bank Cassa Depositi e Prestiti to advance the Lobito Corridor, bolstering connectivity between EU markets and Angola, Zambia and the DRC. Meanwhile, the European Investment Bank has also approved a €113 million loan to co-finance the expansion of Mauritania’s iron ore rail line linking Zouérat to Nouadhibou – part of a broader €461 million investment aimed at boosting the country’s iron ore export capacity.

    EU-South Africa Partnership

    The EU recently announced a €4.7 billion financing package announced to support mineral processing, green hydrogen and transport infrastructure in South Africa, the world’s largest producer of platinum group metals. This financing package reflects a growing focus on securing diversified and sustainable mineral supply chains. At AMW, a dedicated panel exploring South Africa’s PGMs market will showcase emerging prospects for EU firms within the country’s value chain.

    Growing Support for Formalized Artisanal Mining

    The EU has also committed to the ACP-EU Technical Assistance Facility for Commodity Resource Management, which was launched in February to support artisanal and small-scale miners across Africa through formalization and training program. As part of growing efforts by African nations and international partners to uplift small-scale miners, AMW will host a panel discussion titled ASM Regulation: Balancing Formalization and Livelihood Protection. The panel will explore policies and initiatives aimed at integrating artisanal and small-scale mining into the formal mining sector.

    Distributed by APO Group on behalf of Energy Capital & Power.

    About African Mining Week:
    African Mining Week serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2025 conference from October 1-3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com.

    MIL OSI Africa –

    July 2, 2025

  • MIL-OSI Africa: Eritrea: Sign Language Training in Asmara


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    Sign language training programs lasting from three to six months have been provided to 12 teachers and 55 students of Denden High School in Asmara.

    Mr. Daniel Habte, director of the school, stated that the objective of the training was to facilitate communication with hearing-impaired individuals in general, and with students in particular.

    The event featured presentations and performances reflecting the knowledge the students gained from the training.

    Mr. Hagos Kidane, from the Central Region education office, said that in the 2024/2025 academic year, Denden High School provided educational opportunities to 14 students with hearing impairments, and that the training will play a significant role in improving the teaching and learning process for these students.

    The trainees, expressing appreciation for the training opportunity provided, also affirmed their readiness to apply their training to assist hearing-impaired students in their school.

    Distributed by APO Group on behalf of Ministry of Information, Eritrea.

    MIL OSI Africa –

    July 2, 2025

  • MIL-OSI Africa: African Development Bank approves $47.5 million loan to spur Eswatini’s economic growth


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    The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a $47.5 million loan to the Kingdom of Eswatini. The loan will support the government’s efforts to transform the economy, achieve sustainable growth, create jobs, improve service delivery, and enhance the livelihoods of its people. 

    The Enhancing Economic Resilience and Competitiveness Program (EERCP) represents a strategic intervention to support Eswatini’s National Development Plan (2023-2028).

    This marks the first phase of a two-year program designed to strengthen the economic foundation of the southern African nation and foster sustainable growth, economic recovery, and sustainable livelihoods for Eswatini people, while addressing mounting fiscal pressures from declining Southern African Customs Union (SACU) revenues and economic headwinds.

    “This operation comes at a critical juncture for Eswatini as the country navigates challenging economic conditions while implementing ambitious reforms,” said Moono Mupotola, African Development Bank Deputy Director General for Southern Africa “Our support will help the Kingdom build fiscal resilience while creating an enabling environment for private sector-led growth that can generate jobs for young people and women.”

    Eswatini’s economy faces significant headwinds, with GDP growth declining from 5% in 2023 to an estimated 3.6% in 2024, primarily due to the impact of extreme droughts on agricultural output. The fiscal deficit has widened from 1.5% in 2023 to an estimated 1.7% in 2024, driven by underperformance in customs revenues and increased public spending pressures.

    With youth unemployment reaching 48.7% and overall unemployment at 35.4%, Eswatini urgently needs structural reforms to unleash the potential of its private sector and create opportunities for its predominantly young population.

    The program focuses on two complementary pillars: deepening fiscal and public financial management reforms, and enhancing competitiveness to promote private sector-led, inclusive, and green growth.

    The program builds on the African Development Bank’s successful track record in Eswatini, including the Support for Economic Recovery and Inclusive Growth operation and ongoing technical assistance in state-owned enterprise reforms, procurement, and the implementation of gender policy.

    The Enhancing Economic Resilience and Competitiveness Program places special emphasis on promoting inclusive growth and gender equality. Environmental sustainability is integrated throughout the program.

    The program is expected to deliver measurable improvements by reducing domestic arrears, increasing private sector growth in GDP, boosting renewable energy share, and improving Country Policy and Institutional Assessment (https://apo-opa.co/44KEUgw) scores on fiscal policy and social inclusion. The Country Policy and Institutional Assessment of the African Development Bank is a diagnostic tool that assesses, every two years, the quality of policies and the performance of institutional frameworks in the 54 African countries.

    The EERCP has been developed in close coordination with the World Bank, which provides complementary financing.

    Distributed by APO Group on behalf of African Development Bank Group (AfDB).

    Media contact:
    Emeka Anuforo
    Communication and External Relations Department
    media@afdb.org

    About the African Development Bank Group:
    The African Development Bank Group is Africa’s premier development finance institution. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). On the ground in 41 African countries with an external office in Japan, the Bank contributes to the economic development and the social progress of its 54 regional member states. For more information: www.AfDB.org

    MIL OSI Africa –

    July 2, 2025

  • MIL-OSI China: US halts military aid to Ukraine

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

    The Trump administration has halted part of military aid to Ukraine following a review of U.S. own stockpiles, the White House and Pentagon confirmed on Tuesday.

    “This decision was made to put America’s interests first following a review of our nation’s military support and assistance to other countries across the globe,” White House spokesperson Anna Kelly said in a statement.

    The move came amid concerns about U.S. military stockpiles falling too low, multiple U.S. media outlets reported, citing informative sources.

    Last month U.S. Defense Secretary Pete Hegseth issued a memo ordering a review of the U.S. stockpile of munitions, in the aftermath of three years of aid to Ukraine, recent strikes on Yemen’s Houthi group and Iran.

    The review determined that stocks were too low on some weapons previously pledged, according to media reports.

    Elbridge Colby, the Defense Department undersecretary for policy, said the Pentagon will continue “to provide the president with robust options to continue military aid to Ukraine, consistent with his goal of bringing this tragic war to an end.”

    “At the same time, the department is rigorously examining and adapting its approach to achieving this objective while also preserving U.S. forces’ readiness for Administration defense priorities,” Colby said in a statement.

    After meeting with Ukrainian leader Volodymyr Zelensky during the NATO summit at The Hague last week, U.S. President Donald Trump told reporters that Ukraine is eager to get the Patriot air defense missiles from the United States.

    “They do want to have the anti-missile missiles, OK, as they call them, the Patriots,” Trump said then. “And we’re going to see if we can make some available. We need them, too.”

    “We’re supplying them to Israel, and they’re very effective, 100 percent effective. Hard to believe how effective. They do want that more than any other thing,” he said.

    Some analysts suggest it is a signal that the Trump administration may further reduce aid to Ukraine. Hegseth skipped a meeting last month of an international group to coordinate military aid to Ukraine. It is the first time the U.S. defense secretary was not in attendance.

    The United States has provided Ukraine with more than 66 billion U.S. dollars worth of weapons and military assistance since the Russia-Ukraine conflict broke out in February 2022, according to an AP report.

    MIL OSI China News –

    July 2, 2025

  • Iranian President Pezeshkian Signs into Law Suspending Cooperation with UN Nuclear Monitor

    Source: Government of India

    Source: Government of India (4)

    Iranian President Masoud Pezeshkian has signed into law a bill suspending cooperation with the United Nations’ nuclear monitor, the International Atomic Energy Agency (IAEA), Iranian state media reported on Wednesday. This is one of the most drastic steps Iran has made in its standoff with international powers on its nuclear activities.

    State broadcaster of Iran reported that “Masoud Pezeshkian ratified the bill suspending cooperation with the International Atomic Energy Agency,” Press TV, Mehr news agency, and semi-official Tasnim news agency stated. The legislation, which occurred after the recent military clashes with Israel and the United States, came into effect officially.

    The suspension comes on the heels of Iran’s Parliament approving the legislation overwhelmingly, gaining 221 votes in support, one abstention, and no opposition from among those present in the 290-seat house. The parliamentary vote then got approval from Iran’s constitutional monitor before it could hit the president’s desk.

    The action follows a build-up of tensions that started on June 13 when Israel bombed Iranian military and nuclear facilities. Iran retaliated with missile and drone attacks against Israeli targets, and the US retaliated with attacks on key Iranian nuclear facilities at Fordow, Natanz, and Isfahan on June 22. Iran condemned the US attacks as a ‘savage assault’ and vowed not to abandon its nuclear program. The 12-day war finally came to an end under a US-facilitated ceasefire that took effect on June 24.

    Iranian officials accused the IAEA of remaining silent throughout the military campaign, stoking Iran’s tensions with the UN nuclear agency over access and transparency. The implications for the IAEA’s ability to monitor Iran’s nuclear program are uncertain, but it is a stark escalation of Iran’s nuclear posture amid rising regional tensions.

    July 2, 2025

  • Extremely heavy rainfall likely at several places in Rajasthan, Maharashtra: IMD

    Source: Government of India

    Source: Government of India (4)

    The India Meteorological Department (IMD) on Wednesday said that active monsoon conditions will continue over several parts of northwest, central, and east India for the next six to seven days, with widespread rainfall expected across multiple regions.

    Extremely heavy rainfall (20 cm or more) is very likely at isolated places over east Rajasthan and the ghat areas of central Maharashtra today.

    The IMD has also issued extremely heavy rainfall warnings for Meghalaya on July 5 and 6. Very heavy rainfall activity is also expected in several other parts of the country during this period.

    Kerala and Karnataka are likely to receive heavy rainfall today. Himachal Pradesh is expected to witness heavy showers between July 5 and 7, while Punjab and Haryana may see intense rainfall on July 6 and 7.

    East Rajasthan and Arunachal Pradesh are also expected to receive significant rainfall between July 2 and 4. Madhya Pradesh, Konkan & Goa, the ghat regions of central Maharashtra, Gujarat region, and northeastern states including Nagaland, Manipur, Mizoram, and Tripura will likely see heavy rainfall between July 2 and 6.

    Assam and Meghalaya are expected to receive heavy rains from July 4 to 6, and Chhattisgarh and Odisha on July 2, 5, and 6.

    Weather forecast for Delhi-NCR

    In the Delhi-NCR region, partly cloudy skies and light rain accompanied by thunderstorm and lightning are expected through July 5.

    Maximum temperatures are forecast to remain in the range of 35 to 38°C, consistently staying 1 to 2 degrees below normal. Minimum temperatures are also expected to be slightly below normal, ranging from 24 to 28°C.

    Today, Delhi is likely to experience southeasterly winds with a speed of less than 15 kmph in the afternoon, gradually slowing to 8-10 kmph by evening and night.

    On July 3 and 4, light rain and thunderstorms are likely to continue, with wind directions varying between southeast, east, and southwest at speeds generally under 10 kmph.

    On July 5, both maximum and minimum temperatures in Delhi are expected to dip slightly further, with lows ranging between 24 and 26°C. Winds will predominantly come from the southwest, peaking at less than 20 kmph in the morning and gradually tapering off during the day.

    July 2, 2025

  • MIL-OSI United Kingdom: A new chapter in how we finance development: Baroness Chapman statement

    Source: United Kingdom – Executive Government & Departments

    Speech

    A new chapter in how we finance development: Baroness Chapman statement

    Minister for Development Baroness Chapman delivers UK national statement at the Fourth International Conference on Financing for Development (FFD4) in Seville.

    Good afternoon, everyone.

    Seville must be the start of a new chapter in how we finance development and sustainable growth over the next decade.

    FFD4 sets out three critical shifts; and the UK will respond.

    Firstly, helping countries to raise more of their own revenues.

    The UK will support countries to raise more finance domestically, and manage it better, by sharing expertise from our own revenue authority and finance ministry.

    And we will work with all partners to take urgent action to tackle unsustainable debt. We cannot do this alone.

    We will work through the G20 to strengthen, expand and reform the Common Framework, ensuring timely and predictable relief for debt distressed countries.

    We will work with partners to maintain momentum on reforms to the existing debt architecture including to make restructurings quicker and more efficient.

    We must also ensure future debt sustainability by pressing for more responsible and transparent lending and borrowing and scaling UK-championed clauses that pause debt repayments when a crisis hits.

    The second is on mobilising international finance at scale.

    Increasing access to finance from all sources, beyond ODA.

    Leveraging and multiplying wherever we can.

    We need private capital at a much greater scale in developing countries. We are proud to launch a coalition of governments, finance institutions, and investors at FFD4.

    With the aim of mobilising high-quality finance for emerging and developing economies through stock exchanges.

    We will work with the UK industry experts to unlock and scale up global institutional capital, develop local currency markets and help to tackle exchange rate risks in developing countries.

    I will look at the evidence on the barriers to investment, and if there need to be changes to our regulatory approach, I will need to work with international partners and groups to build a coalition to call for those changes.

    And we welcome the ambition to triple the size of MDB financing. This will require stretching balance sheets and using guarantees, but that can only get us so far. 

    We will also need to inject more capital into some MDBs, which is why the UK supports a capital increase for the World Bank’s IBRD, conditional on reforms.

    If agreed, this could unlock billions of dollars annually.  

    We have heard the call to explore new sources of climate finance. That is why we have committed to and are pushing for agreement on the International Maritime Organisation’s Net Zero Framework.

    The third is making the system work better for developing countries.

    This means getting behind countries own priorities and plans.

    It means putting women and girls at the heart of everything we do. 

    It also means simplifying and streamlining the aid architecture, so it is easier for countries to engage and access finance.

    We must do more through multilateral organisations that pool and multiply resources, and drive reform across the multilateral system to make it faster, more effective and more sustainable.

    That is why we are proud to be GAVI’s largest investor, as announced last week at the GAVI replenishment.

    It also means creating a fairer system where developing countries have greater voice and participation to shape the outcomes they need.

    That is why the UK is calling for more voice and representation for low-income and vulnerable countries in the World Bank and IMF.

    And ensuring countries can better handle shocks and build resilience to climate change.

    It is unacceptable that only 2% of crisis finance is pre-arranged when 35% of shocks are modellable. 

    That is why we are launching a global coalition to scale up the use of pre-arranged finance. And we will work with the insurance industry to help deliver this.

    I am proud that the UK will be the first country to report and publish our annual pre -arranged finance figures.

    This work is urgent and cannot wait.

    So let us make Seville a springboard for what can and must come next.

    Thank you.

    Updates to this page

    Published 2 July 2025

    MIL OSI United Kingdom –

    July 2, 2025

  • MIL-OSI United Kingdom: Next phase of Melton Road street scene improvements to begin

    Source: City of Leicester

    THE next phase of a rolling programme to repair and improve pavements, street furniture and bollards along Melton Road is now underway.

    Leicester City Council is carrying out the scheme to spruce up public areas for local businesses and residents.

    Old, uneven and broken slabs will be replaced with high-quality block paving. Existing tree pits will be covered with a porous resin-bound material to help improve drainage, and new drainage channels will also be installed where required. Damage footpaths caused by tree roots will be repaired. New bollards, as well as new cycle racks where possible, will also be installed to prevent vehicles parking on the pavement.

    The improvement work is being carried out between Ascot Road and Herbert Road, on the outbound side of Melton Road, and between Acorn Street and Marfitt Street, on the inbound side.

    Work will be carried out in sections to help minimise disruption to pedestrians and nearby businesses and is expected to take around 50 weeks to complete.

    To ensure a safe working environment, some short-term lane restrictions on part of Melton Road may be required. These will be managed with temporary traffic signals.

    The work, which will cost around £685,000, is being funded through the city council’s annual highways maintenance programme.

    It will be the second phase of a planned programme of investment to improve several sections of footway along Melton Road in coming years, subject to funding. Work to replace the existing uneven pavement on the outbound stretch of the busy shopping street, between Ascot Road and Checketts Road, was carried out last year.

    City Mayor Peter Soulsby said: “This ongoing investment in repairing and replacing broken and uneven pavements on  Melton Road will help improve the look and feel of area and make it more attractive for residents and shoppers.

    “Projects like this are an important part of ensuring that our neighbourhood shopping streets and busy routes into the city stay looking their best.”

    The Melton Road scheme is taking a similar approach to improvements recently completed on Narborough Road, following a three-year rolling programme of investment to repair and spruce up sections of footway.

    Letters have been sent to local residents and businesses informing them of the work.

    MIL OSI United Kingdom –

    July 2, 2025

  • MIL-OSI Russia: HSE’s DPO Digital Ecosystem Wins Priority: Digital Award

    Translation. Region: Russian Federal

    Source: State University Higher School of Economics – State University Higher School of Economics –

    At the end of June, the results of the III National Award in the field of information technology “Priority: Digital – 2025” were summed up. HSE became a laureate in the nomination “Digital in Education” with the project digital ecosystem of additional educationThe winners of the award include the Government of Moscow, Alfa-Bank JSC, VTB Bank, Moscow Metro State Unitary Enterprise, Gazprom Neft, and Sber.

    The III National Award in the field of information technology “Priority: Digital – 2025” recognized the best domestic IT developers and promising Russian projects in the field of high technology. Receiving it confirms the high level of expertise of the winner and is an indicator of success in creating competitive world-class products.

    The award ceremony is held annually and contributes to the formation of a positive image, stimulating the development of the Russian IT market, popularizing the best practices of implementing innovations among businesses and the public. The award is designed to increase investor interest in Russian products and promote the implementation of advanced solutions for the digital transformation of business and the state.

    The digital ecosystem of additional professional education includes a marketplace of additional professional education programs with a system of personal accounts, an accounting system, an electronic educational environment, high-tech educational solutions, analytics, CRM and integration with all necessary digital systems of the university.

    Every year, HSE implements about a thousand additional education programs, attracting tens of thousands of students. Through the systematic implementation of innovative solutions and deep integration of digital tools into the educational process, we form an effective digital infrastructure for modern education, ensuring continuous professional development of specialists and increasing their competitiveness in the labor market.

    “HSE developed the CIS DPO and other elements of the digital ecosystem, and continues to develop and improve them in cooperation with leading EdTech and IT companies: Perviy Bit, iSpring, Labius LLC (Simulizator), CDO Global, Lan and others. This powerful partnership allows us to make a modern and popular product. Everyone can see for themselves: go to DPO marketplace, choose a program according to your interests and become part of a strong community of HSE DPO,” says the head Operational management of DPO Oksana Zhgun.

    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 –

    July 2, 2025

  • MIL-OSI United Nations: IOM Urges Innovative Investment in Migration at Seville Conference on Development Financing

    Source: International Organization for Migration (IOM)

    Geneva/Seville, 2 July 2025 – As the Fourth International Conference on Financing for Development (FfD4) concludes this Thursday in Seville, Spain, the International Organization for Migration (IOM) is calling for innovative investment in human mobility to spur growth and help close the USD 4 trillion annual development financing gap.

    MIL OSI United Nations News –

    July 2, 2025

  • MIL-OSI Europe: The EBA consults on draft amended Guidelines on the application of the definition of default under the Capital Requirements Regulation

    Source: European Banking Authority

    The European Banking Authority (EBA) today launched a public consultation on its draft amended  Guidelines on the application of the definition of default under the Capital Requirements Regulation (CRR). As part of its commitment to financial stability, transparency, and consistency, the EBA is proposing to maintain the existing 1% threshold for net present value (NPV) loss in debt restructuring. This approach reflects a careful balance between flexibility for institutions and the need to uphold robust risk management standards. The consultation runs until 15 October 2025.

    The proposal to retain the 1% threshold is based on three key considerations:

    • The current framework is already flexible and risk-sensitive, allows effective restructuring without misclassifying defaults, and is aligned with established accounting principles.
    • Maintaining consistency with existing prudential standards helps safeguard the progress made in reducing non-performing loans and prevents regulatory arbitrage.
    • A stable threshold supports reliable credit risk modelling, ensuring accurate capital and provisioning assessments across portfolios under both IRB and IFRS 9.

    To allow for more proactive debt restructuring and reduce the potential burden on debtors, the EBA is considering a shortened probation period from 1 year to e.g. 3 months for certain forborne exposures. The draft amended Guidelines, however, do not incorporate this change, also because it would widen the gap between the definition of non-performing exposures and the definition of default.

    Besides the changes brought forward by the revised CRR, the EBA is also proposing to increase the exceptional treatment of days past due at invoice level from 30 to 90 for non-recourse factoring arrangements to better reflect the economic reality of purchased receivables.

    Consultation process

    Responses to this consultation can be sent to the EBA by clicking on the “send your comments” button on the consultation page. Please note that the deadline for the submission of comments is 15 October 2025.

    A public hearing will take place via conference call on 3 September 2025 from 11:00 to 12:00 CET. The deadline for registration is the 29 August 2025, 16:00 CET.

    All contributions received will be published after the consultation closes, unless requested otherwise.

    Legal basis and background

    The definition of default is laid down in Article 178 of Regulation (EU) No 575/2013 (Capital Requirements Regulation – CRR) and further detailed in Commission Delegated Regulation (EU) 2018/171 and the EBA Guidelines on the definition of default.

    Under Article 178(7) of CRR, as amended by Regulation (EU) 2024/1623, the European Banking Authority is mandated to review the Definition of Default guidelines which were drafted by the EBA based on the mandate in Article 178(7) of Regulation (EU) No 575/2013. While the mandate explicitly mentions that the EBA shall duly consider the need for granting a sufficient flexibility to institutions when specifying what constitutes a diminished financial obligation, the mandate also allows for the review of other parts of the framework.

    MIL OSI Europe News –

    July 2, 2025

  • MIL-OSI Security: NATO and Ukraine agree to exchange Military Police training expertise

    Source: NATO

    On 20 June 2025, NATO agreed to recognise the 25th Military Police Training Centre (MPTC) in Lviv, Ukraine as a NATO Partnership Training and Education Centre (PTEC).

    PTECs form a global network of institutions offering courses and academic seminars to civilian and military staff from NATO Allied and partner countries. Their goal is to improve the professionalism of national personnel, increase the ability of military personnel to operate well together, and conduct education and training activities carried out within the framework of NATO partnership programmes and policies. Since the PTEC community was launched in 1999, Ukraine has been an active member, thanks to the participation of its International Peacekeeping and Security Centre (IPSC).

    Despite the many challenges posed by Russia’s war against Ukraine, the 25th MPTC draws lessons learned from combat experience to refine courses and explore new training opportunities. It actively collaborates with the NATO Military Police community of interest and the NATO Military Police Centre of Excellence, based in Bydgoszcz, Poland, to develop high-quality courses. This helps to strengthen training initiatives in the discipline of Military Policing.

    Cooperation with NATO will also be enhanced through the NATO-Ukraine Joint Analysis, Training and Education Centre (JATEC), also based in Bydgoszcz. The 25th MPTC will create synergies with the JATEC and add value by identifying and applying lessons learned from Russia’s war of aggression. Cooperation between NATO and Ukraine is characterised by the common objective of increasing interoperability. Ukrainian officials have highlighted that they see NATO as the right platform for their defence institutions to share their unique and state-of-the-art capabilities with Allies and like-minded partners.

    Centres wishing to join the PTEC network must undergo thorough evaluation.  Evaluation of the 25th MPTC in March by experts from NATO Headquarters, Allied Command Operations and other NATO and Allied entities was, exceptionally, conducted in Bydgoszcz due to Russia’s ongoing aggression against Ukraine. Representatives of the centre and NATO experts used the facilities of the NATO Military Police Centre of Excellence. NATO experts concluded that the centre demonstrated high expertise, professionalism and familiarity with NATO standards. The MPTC in Lviv, Ukraine is now the 36th member of the network of Partnership Training and Education Centres.

    MIL Security OSI –

    July 2, 2025

  • MIL-OSI Video: Minister Maropene Ramokgopa participates at the FfD4 Multi-Stakeholder Roundtable 3.

    Source: Republic of South Africa (video statements)

    Minister Maropene Ramokgopa participates at the FfD4 Multi-Stakeholder Roundtable 3.

    https://www.youtube.com/watch?v=lMpF2o5vAno

    MIL OSI Video –

    July 2, 2025

  • MIL-OSI United Kingdom: Further consultation on future of council-run care centres

    Source: City of Birmingham

    Published: Wednesday, 2nd July 2025

    The city council is running a phase 3 consultation on the future of its three council-run care centres: Kenrick, Perry Tree and Ann Marie Howes.

    Perry Tree care centre

    This follows feedback from the previous two consultations and takes into account the government commitment to integrated health and social care and an analysis of the current and future demand for social care support in Birmingham.

    The revised proposed option would mean Birmingham City Council keeping the three Care Centres open, providing residential and respite care at Kenrick centre and integrated and intermediate care across Ann Marie Howes and Perry Tree centres.

    The latter would support improved hospital discharge and enable people to regain their independence before going home.

    The proposal would deliver a minimum of £2.8m of savings with the remainder of the original savings delivered through several schemes which support more efficient hospital discharge through the better care fund.

    Cllr Khan said: “This revised option demonstrates that we have listened to local people on the future of the care centres and that the commitment we have with health partners on the integration of health and social care will improve outcomes for local people.

    “I would urge people to take part in this latest consultation to provide us with feedback on the revised option.”

    The consultation can be found here on the Birmingham Be Heard website.

    Useful links

    MIL OSI United Kingdom –

    July 2, 2025

  • MIL-OSI United Kingdom: Coventry to consider £15 million investment in Housing Support services

    Source: City of Coventry

    Coventry City Council’s Cabinet will consider a major £14.8 million investment in housing support services in response to a 90% increase in people seeking housing help since 2020.

    The proposed re-commissioning of Housing Related Support Services will see the creation of five specialist support programmes, including a new dedicated service for women with complex needs – addressing a gap identified in current provision.

    If approved, the investment will fund services from April 2026 for an initial two years, with the potential to extend for up to six years.

    The move represents a further shift towards a prevention-first approach, aiming to keep people in their homes rather than responding only when they reach crisis point.

    Councillor Naeem Akhtar, Cabinet Member for Housing and Communities, said: “This significant investment demonstrates our commitment to tackling homelessness in Coventry.

    “We’ve seen a dramatic increase in people needing our help – a 36% rise in approaches to our homeless service, in just one year between 2022/2023 and 2023/2024.

    “We need to act now to provide the right support for our most vulnerable residents, with a focus on preventing homelessness before it happens.”

    The proposed services will support five key groups: adults with complex needs, older single people (25+), young people (18-24), families, and women with complex needs.

    The complex needs provision will include specific support for rough sleepers and emergency accommodation during severe weather.

    The council’s latest Homelessness Review identified that “friends and family no longer willing to accommodate people” is the biggest single cause of homelessness, particularly affecting young people without children.

    The new services will support delivery of Coventry’s Homelessness and Rough Sleeping Strategy (2025-2029), which focuses on three key themes: early intervention and prevention, targeted crisis support, and move-on and tenancy sustainment.

    If approved, the tender process will begin in August 2025, with contract mobilisation over the autumn and winter months ahead of the April 2026 start date.

    The services will complement the council’s existing temporary accommodation provision and help reduce pressure on increasingly expensive emergency housing options.

    Published: Wednesday, 2nd July 2025

    MIL OSI United Kingdom –

    July 2, 2025

  • MIL-OSI United Kingdom: Council partnership secures long-term base for Coundon Court FC

    Source: City of Coventry

    Coventry City Council has partnered with Coundon Court Football Club to secure its future at Coundon Hall Park, establishing the site as the long-term home of the local club.

    After being accepted onto the Football Foundation’s Home Advantage Programme, the club is set to take on a 25-year lease of the pitches at Coundon Hall Park.

    The Football Foundation’s Home Advantage Programme is supported by the Premier League, The FA and Government’s Football Foundation. It aims to support grassroots clubs and organisations across the country to take on long-term leases or licences of the sites they play at.

    The club will also have the opportunity to apply for up to £250,000 in grant funding from the Foundation to improve the facilities at Coundon Hall Park. This could include security fencing, storage units, grounds maintenance machinery and catering cabins.

    Councillor Kamran Caan, Cabinet Member for Public Health and Sport, said: “It’s been fantastic to work with Coundon Court Football Club to secure their future at Coundon Hall Park.

    “Supporting local sports clubs which give members of our community the opportunity to get out, get active and take part in something they enjoy is really important.

    “This support from the Football Foundation and the Home Advantage Programme will make a real impact and firmly cement the club’s future. In addition, it will show how this could be a model across the city of best practice.”

    Coundon Court FC is a 3-star England Football-accredited club with over 30 teams, and disability and community programmes. Named ‘Club of the Year’ by Birmingham County FA, it’s proudly rooted in the local community.

    Barry Morris, Club Secretary at Coundon Court Football Club, added: “We see this as a huge opportunity for our club to have a home of its own, enabling us to offer more football provision within the local community.

    “After collecting the ‘Club of the Year’ accolade from Birmingham FA for the second time in 4 years, we already have a fantastic foundation to work from and will continue to progress.

    “Thanks to Coventry City Council and the Football Foundation for their support and confidence in working with our club on this exciting and innovative project.”

    The planned Coundon Cycleway has also been designed to accommodate the improvements at the park.

    Councillor Patricia Hetherton, Cabinet Member for City Services, said: “We have planned the route of the Cycleway to allow for a full range of activities in the park – this includes allowing room for the exciting new multi-use games area and future football pitches – spaces where local young people can come together, be active, and have fun.

    “The Coundon Cycleway scheme, funded by Active Travel England, will create a new cycleway through the park by utilising existing paths and well-trodden pedestrian routes. The project will also enhance the area with new lighting, benches, and tree planting. Additional improvements include the installation of extra bins and CCTV in both car parks, ensuring a safer and more enjoyable environment for all visitors.”

    Robert Sullivan, CEO of the Football Foundation, said: “The Football Foundation is working closely with our partners – the Premier League, The FA and Government – to unlock the power of pitches for more grassroots clubs and enable them to take pride in the place they call home.

    “We know that local authorities often lack the resources to maintain their grass pitches to a high standard, and yet the process of transferring management is often seen as complicated, expensive and therefore unattractive.

    “Through our Home Advantage Programme, the Foundation plans to provide the support and funding needed to transfer over 1,750 grass football pitches like the ones at Coundon Hall Park from local authorities to grassroots clubs and organisations across the country.

    “As well as a higher chance of success on the pitch, home grounds provide a space for people to come together through sport and help strengthen communities based on a shared sense of belonging.”

    To find out more about the programme visit the Football Foundation’s website.

    Image caption: Ant Hasker – Facilities and Investment Lead, Birmingham County FA, Eddie Gormley – Coundon Court FC Club Chairman, Peter Howarth – Coundon Court FC Volunteer, Barry Morris – Coundon Court FC Secretary, Lee Garratt – Coundon Court FC Club Manager Coordinator, Councillor Patricia Hetherton – Cabinet Member for City Services and Tim Wetherhill – Coventry City Council Parks Manager

    MIL OSI United Kingdom –

    July 2, 2025

  • MIL-OSI United Kingdom: Coventry Music and Go CV strike a chord with new partnership

    Source: City of Coventry

    Following the success of the city’s first-ever Coventry Schools’ Arts Week, Coventry City Council is proud to announce an exciting new partnership between Coventry Music and Go CV.

    This initiative, launching in September 2025, will open up more opportunities for young people and families across Coventry to engage with music, helping to break down financial barriers to participation.

    As part of this new collaboration:

    • Go CV+ members will receive a 25% discount on direct billed music lessons with Coventry Music.
    • All Go CV card holders – regardless of card type – will enjoy free access to nearly all Coventry Music Groups.

    This partnership represents a significant step towards making music education and community engagement more accessible and inclusive for all.

    Councillor Dr Kindy Sandhu, Cabinet Member for Education and Skills at Coventry City Council said: “Music has the power to inspire, unite, and transform lives. This new partnership between Coventry Music and Go CV will ensure that more children and young people can access high-quality music opportunities, regardless of their background. It’s another step towards a fairer, more creative Coventry.”

    The announcement follows a hugely successful Coventry Schools’ Arts Week, which saw schools across the city come together in a vibrant celebration of creativity. The new partnership builds on this momentum, strengthening the Council’s commitment to cultural growth and lifelong learning.

    Councillor Kamran Caan, Cabinet Member for Public Health, Sport and Wellbeing said: “It’s fantastic to see another exciting expansion of the Go CV scheme. Go CV continues to make a real difference for people across our city — helping families save money, access fantastic opportunities, and enjoy all that Coventry has to offer. It’s a great example of how we can support local communities and promote health, wellbeing and inclusion.”

    Go CV, which is used by over 125,000 residents in the city, gives access to discounts and offers when visiting local attractions. Through the Go CV mobile app, savings can be made when shopping at local businesses too.

    Residents living in Coventry can join Go CV for free via the Go CV website. Businesses interested in partnering with Go CV and creating an offer for Coventry residents can register for free via the business portal.

    More about Coventry Music

    To keep up to date with the latest news, sign up for the Your Coventry email newsletter or follow the Council on Facebook, X, YouTube, Instagram, LinkedIn and TikTok.

    Published: Wednesday, 2nd July 2025

    MIL OSI United Kingdom –

    July 2, 2025

  • MIL-OSI Russia: Rosmolodezh.Grants: Polytechnic University received over 15 million rubles for the development of student communities and mentoring

    Translation. Region: Russian Federal

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

    Polytechnic University was among 89 winners of the large-scale Rosmolodezh. Grants competition among universities. This time, the traditional competition was transformed with a focus on supporting youth policy development programs at the university. The grant is designed for two years and is aimed at systemic work and comprehensive development of leaders of student initiatives and communities.

    This year, 293 educational institutions submitted 2803 project solutions, and SPbPU was among the best. The decision to support the initiatives of the Polytechnic University confirms the high level of implementation of the youth policy strategy at the university and the involvement of student community leaders in the development of the institution.

    The Community Trajectory project includes eight solutions (six in the first year of implementation, two in the second) with a total coverage of more than 7,000 students, integrated into the life cycle of work with youth as part of the implementation of the target model of youth policy at SPbPU until 2030.

    Let’s talk about the projects in more detail.

    The historical program “Light Up Knowledge” involves the creation of a corporate-level monitoring system for students during the adaptation process at SPbPU.

    In order to implement the project for the leaders of student communities “Activation”, a vector of development of associations in SPbPU will be formed within the framework of the implementation of the youth policy strategy. It is planned to develop a unified system of support and mentoring, which will help transform the directions of development of communities at the university.

    The student media space “Medialab” will be created to support systemically important communities in the media environment. The goal is to popularize the development trajectories of leaders and the implementation of youth policy at the Polytechnic within the framework of national goals.

    The new model of student self-government “Academic Leader” will be aimed at interaction with the academic group. Its main task is to promote the development of the student self-government system at SPbPU, as well as to identify and train leaders among students for various associations. The emphasis will be on the implementation of the goals and objectives of youth policy and the transmission of values.

    During the implementation of the mentoring program of the Public Institute “Adapters”, a basis will be created for the formation of future mentors, members of the Association of St. Petersburg Polytechnic University Graduates.

    The AI in PolyCapital system is designed to model the trajectories of student community leaders. It is a single digital ecosystem that allows for effective tracking of talented representatives by modeling their career trajectories through youth policy implementation programs at SPbPU and in the country.

    The ProActive media project is aimed at developing an information support system that will help form a new image of a polytechnic leader within the framework of a new model of interaction between communities and the university. The key feature is the active involvement of prominent representatives of various associations.

    In the process of implementing the project for leaders of student communities “Activation of the Community Model”, it is planned to develop and test a new model of interaction with the Polytechnic associations. A key role will be played by graduate mentors who will become part of the system of support for the development trajectories of communities. The designed model will become a methodological basis for scaling practices and exchanging experience between universities of St. Petersburg and the country.

    All project decisions will be implemented through five modules aimed at involving students who are part of university student communities in the youth policy implementation program. The main focus will be on achieving national goals and indicators.

    The project is integrated into the general system of implementing the regional state youth policy, as well as the Working Program for the Education of Students and the Implementation of the SPbPU Youth Policy for 2025–2030. It meets the key areas of youth policy that are developing in our country. The project is a good example of the implementation of the Decree of the President of the Russian Federation of 07.05.2024 No. 309 “On the National Development Goals of the Russian Federation for the Period up to 2030 and for the Perspective Up to 2036”, as well as the initiatives “Russia — the Country of Opportunities”, “Universities for the Generation of Leaders” of the National Project “Youth and Children”.

    The result will be the development of a new model of a university student community (a system-forming community) with elements of mentoring. It will be focused on the partnership of universities in solving problems in the field of youth policy. The model will become the foundation for the formation of communities of graduate mentors in the university environment.

    Methodological and expert support will be provided by partners – the Mashuk knowledge center, ANO Russia – Country of Opportunities, the Committee on Youth Policy and Interaction with Public Organizations of St. Petersburg, the Standing Commission on Youth Policy, Public Associations and Digitalization, Youth Spaces PROSTO, as well as employees of St. Petersburg universities.

    #Rosmolodzh. Graints

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    MIL OSI Russia News –

    July 2, 2025

  • MIL-OSI Russia: Photo exhibition about charity and good deeds opened in the N.E. Bauman Garden

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    A free photo exhibition has opened in the N.E. Bauman Garden “A place for good deeds”It reminds us that charity is simple and that anyone can make it a habit if they want to.

    “In order to support someone, you don’t need to wait for a special occasion, because the best time to help is right now. This idea is the basis of our exhibition, reminding that good deeds are within the power of every person. They do not require large investments, only a little desire to make the world a little better,” said

    Ekaterina Dragunova, Chairman of the Committee for Public Relations and Youth Policy of Moscow.

    The exhibition is open until the end of July. It introduces Muscovites to simple ways to help. Among them, for example, are animal adoption exhibitions, which are regularly held in the capital. Dozens of dogs and cats from shelters find new loving families and go home.

    Whiskers, tails and paws: VDNKh to host 10th summer adoption exhibition for animals from city shelters

    Another example is charity festivals, where you can learn more about city non-profit associations, meet their representatives in person, and buy goods made by the wards of non-profit organizations (NPOs). The next charity festival “City of the Caring” will be held on July 5 and 6 in the N.E. Bauman Garden. Guests can enjoy free master classes, meetings with celebrities, film and cartoon screenings, recreation areas, and meaningful entertainment. You can find out more atevent website.

    The exhibition also tells about charity service on mos.ru. It already features 101 non-profit organizations. They help children, adults and the elderly, large families, combat veterans, as well as homeless animals, environmental, educational and scientific programs. You can support any organization or an entire category in a few clicks.

    Sergei Sobyanin: More than 30 thousand NGOs are registered in Moscow

    In addition, the exhibition will inform about the day of charity subscription, suggest where to find free excursions about the history of Moscow andMoscow patrons of the arts, will tell you what questions the “Atlas of the Philanthropist” podcast answers.

    Here you can also get acquainted with the special project “ABCs of NPO” and sign up your child for a free visit to the children’s eco-center in the KidZania Profession Park. The exhibition will inspire participation in mass sports events that are regularly held in Moscow and where you can get acquainted with the capital’s charity system, and, if desired, combine healthy habits with good deeds.

    You can find out more about how charity is organized in the capital on the project’s website and social networks “City of the caring”. It was presented in 2022 with the support of the Moscow Committee for Public Relations and Youth Policy.

    Project “Summer in Moscow”— the main event of the season. It brings together the most vibrant events of the capital. Every day, charity, cultural and sports events are held in all districts of the city, most of which are free. The Summer in Moscow project is being held for the second time, and the new season will be more eventful: new, original and colorful festivals and events will be added to the traditional ones.

    Quickly find out the main news of the capital inofficial telegram channel the city of Moscow.

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    https: //vv.mos.ru/nevs/ite/156137073/

    MIL OSI Russia News –

    July 2, 2025

  • MIL-OSI Russia: Three circus tents “Summer in Moscow” were visited by more than 40 thousand spectators

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    In the first month of work circuses tents gave 59 performances, which were seen by more than 40 thousand spectators. As part of the project “Summer in Moscow” Three tents have opened in the capital: in the Moskino cinema park, Izmailovsky Park and the Yuzhnoye Butovo landscape park. They will be open until mid-September. Tickets can be purchased at website using the Mosbilet service and on official website project.

    The program includes breathtaking performances consisting of acts from different genres of circus art. Gymnasts demonstrate their incredible physical fitness and flexibility, acrobats perform dizzying somersaults, equilibrists perform the most difficult balancing routines, and clowns perform comic scenes. The highlight of the program will be acts with four-legged artists – majestic lions, cute dogs, graceful tigers and bears.

    On June 1, the first performances took place in the tent in Izmailovsky Park and the Moskino cinema park. They drew full houses.

    A tent in the Moskino cinema park offers to see the program “The Lions of Algiers”, which takes you to the atmosphere of the picturesque African savannah. The artists demonstrate exciting elements of aerial gymnastics, virtuoso juggling and clowning. The highlight of the show is the animal acts. Geese, dogs and Algerian lions perform. The circus is located on the Festival Square and can accommodate over 800 spectators at a time.

    Performances of the program are being held on the southern square near the Round Pond in Izmailovsky Park “Striped Flight”. It features mighty tigers and acrobatic bears under the direction of a renowned family of circus performers. Spectators will also enjoy a juggling show, equilibrist performances and aerial gymnasts.

    On June 20, the premiere performance of the circus divertissement took place in a tent in the landscape park “Yuzhnoye Butovo”. The program “Circus Magic” The artists of the Bolshoi Moscow Circus on Vernadsky Avenue under the direction of People’s Artists of Russia Edgard and Askold Zapashny are taking part. Among the main elements of the show is an act on an aerial pole with the participation of the winner of the golden crown of the International Festival of Circus Arts “Princess of the Circus” Maria Bakalkina and a performance of acrobats on a trampoline under the direction of Mansur Salakhetdinov. The tent is located opposite house 63, building 2 on Admirala Lazareva Street.

    Three tent circuses will operate in the capital as part of the Summer in Moscow projectThe Summer in Moscow program was compiled taking into account the suggestions of city residents

    Project “Summer in Moscow” — the main event of the season. It brings together the most vibrant events of the capital. Every day, charity, cultural and sports events are held in all districts of the city, most of which are free. The Summer in Moscow project is being held for the second time, and the new season will be more eventful: new, original and colorful festivals and events will be added to the traditional ones.

    Get the latest news quickly official telegram channel the city of Moscow.

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    https: //vv.mos.ru/nevs/ite/156151073/

    MIL OSI Russia News –

    July 2, 2025

  • MIL-OSI Russia: 3D panoramas of Vorobyovy Gory have been published in the mobile application “Discover Moscow”

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    The mobile application “Discover Moscow” has appeared 3D panoramas of Vorobyovy Gory. Users will see how this area changed over several historical eras, learn what the Vorobyovsky Palace of the Russian tsars of the 18th century looked like, where the restaurant of the enterprising peasant Stepan Krynkin, popular in the city at the turn of the 19th and 20th centuries, was located, and how the main building of the Moscow State University (MSU) named after M.V. Lomonosov was erected in the mid-20th century. All this will help to imagine the various stages of the territory’s development.

    “The 3D panoramas of Vorobyovy Gory allow you to imagine how this favorite vacation spot for Muscovites and visitors to the capital looked in different eras. For example, one of the panoramas recreates the construction process of the main building of Moscow State University – users can literally witness a historical moment. To enhance the immersion effect, specialists have worked out in detail not only architectural objects, but also elements of nature: birds in flight, grass swaying in the wind. You can see all this both on site and from home, but the most vivid impressions await those who go to the observation deck of Vorobyovy Gory – breathtaking views open up here and you can feel the connection of times,” the press service said.

    Department of Information Technology of the City of Moscow.

    An information stele has been installed on the observation deck of Vorobyovy Gory, which will help you to see the 3D panorama right there. To see it, you need to scan the QR code and download the “Discover Moscow” application. After installing the application, you need to scan the QR code again, click the “View 3D panorama” button and select the period of time you are interested in. Then you can look around through your smartphone camera — historical views will come to life right on the screen.

    The panorama and key historical moments can be studied remotely – at any time and from anywhere in the country. To do this, in the “Discover Moscow” application, find the “Vorobyovy Gory: observation deck” object card, click the “View 3D panorama” button, select the era and explore the area through the screen of your device.

    Sparrow Hills: from the Middle Ages to the present day

    The picturesque Vorobyovy Gory with its panoramic views of Moscow has attracted Russian rulers for centuries. The village of Vorobyevo was mentioned in the 15th century, and in the 16th century, Prince Vasily III built a wooden palace here. Ivan the Terrible took refuge within its walls during the uprising of 1547, and later Boris Godunov and Mikhail Romanov used the residence. In 1684, Princess Sophia ordered a new palace to be built in the Moscow Baroque style.

    It was here that young Peter I became interested in artillery, which largely determined his future interests. After the capital was moved to St. Petersburg, the palace gradually fell into disrepair, and after a fire in 1812, it finally disappeared. Its foundation was discovered in 1901 during the installation of a water pipe. Today, only archival documents and old engravings remind us of the building. But you can see it in the first 3D panorama – just click the button “Vorobyevsky Palace. 18th century”.

    The second 3D panorama will introduce you to a virtual image of another Vorobyovy Gory structure — the Krynkin restaurant of the 19th–20th centuries. It was opened in 1891 by Stepan Krynkin, a native of the village of Vorobyevo. By 1904, the establishment had become a real entertainment center: gypsy choirs were heard here, illusionists performed, reindeer sleigh rides were offered in the winter, roller coasters were offered in the summer, and fireworks were displayed on New Year’s Eve. Krynkin thought through every detail: a narrow-gauge railway with a small locomotive known as the “cuckoo” was even laid for guests, and a boat service was organized. During the revolution, a reading room was built instead of the restaurant, but the building soon burned down, leaving behind only memories and quotes in classical literature.

    The third 3D panorama in the Discover Moscow app visualizes the construction of the legendary Stalinist skyscraper — the main building of Lomonosov Moscow State University. Construction began in 1947. The project was developed by leading architects, including Boris Iofan and Lev Rudnev, and the sculptural design was entrusted to Vera Mukhina’s studio. Construction proceeded at a record pace: by 1949, the frame had already reached 10 floors. Chief engineer Nikolai Nikitin created a unique 15-meter-deep floating foundation and special columns that prevented the building from subsiding in unstable soils. From its construction in 1953 until 1990, the building remained the tallest in Europe. Learn more about the history of the university and the key figures associated with its creation, development, and transformation. Thematic quiz, dedicated to the 270th anniversary of the legendary university. The new stele on Vorobyovy Gory is also part of a special project prepared by the portal “Learn Moscow” and Lomonosov Moscow State University and dedicated to the university’s anniversary.

    Today, Vorobyovy Gory is a unique historical area and a nature reserve in the very center of the capital, as well as one of the four territories of Gorky Park. More than 150 species of animals and birds, as well as about 400 species of plants, including those listed in the Red Book of Moscow, are found here. There are two ecological trails on the territory, each over one and a half kilometers long. This is one of the most picturesque places in the center of the capital, which is perfect for sports and leisurely walks in the forest.

    “Moscow Parks” is a large-scale city initiative aimed at creating comfortable, modern and multifunctional places for recreation. It unites over 50 park areas where you can learn more about culture, play sports, take a walk with the whole family and find solitude in nature. Thanks to the project, unique landscapes and ecosystems are preserved, and bike paths, workout and sports grounds, art objects, children’s playgrounds and summer cafes appear.

    “Get to Know Moscow” — a joint project of the departments of information technology, culture, cultural heritage, education and science. The interactive guide contains, for example, photographs and descriptions of more than 3.5 thousand buildings, monuments, historical sites, over 290 walking routes and information about more than 330 historical figures. Users also have access to mobile application “Get to know Moscow.”

    The creation, development and operation of the e-government infrastructure, including the provision of mass socially significant services, as well as other services in electronic form, correspond to the objectives of the national project “Data Economy and Digital Transformation of the State” and the regional project of the city of Moscow “Digital Public Administration”.

    Get the latest news quickly official telegram channel the city of Moscow.

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    https: //vv.mos.ru/nevs/ite/156158073/

    MIL OSI Russia News –

    July 2, 2025

  • MIL-OSI Russia: Over the year, the Krasnaya Pakhra electric bus depot began servicing 10 more eco-friendly routes

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    Over the year, the Krasnaya Pakhra electric bus depot began servicing 10 more eco-friendly transport routes. Today, it provides operation of 17 routes in TiNAO. On weekdays, they make more than 38 thousand trips. The transport is managed by almost 300 professional Mosgortrans drivers. This was reported by the Deputy Mayor of Moscow for Transport and Industry Maxim Liksutov.

    “Moscow is the leader in the number of electric buses in Europe and the USA. Three years ago, we opened the first innovative electric bus park in Russia, Krasnaya Pakhra. Thanks to it, residents of nine districts of the capital use environmentally friendly transport and can comfortably get to metro stations and important points of attraction. We continue to replace buses with electric buses on the instructions of Sergei Sobyanin,” said Maxim Liksutov.

    Moscow was the first in Russia to start building innovative parks for electric buses. Now the capital is among the world leaders in the development and use of electric transport and the number one city in Europe in terms of the number of electric buses.

    House for electric buses

    Today, electric buses are serviced at 12 sites of the State Unitary Enterprise Mosgortrans. In 2022, the Krasnaya Pakhra electric bus park opened in TiNAO. Eco-friendly vehicles entered service in the Novomoskovsky and Troitsky administrative districts.

    A year later, the Mitino electric bus park was built in the northwest. With its appearance, electric buses began to run on routes in 20 districts of the capital and two nearby cities of the Moscow region. At the end of 2023, the third innovative electric bus park, Saltykovka, began operating. Thanks to this, electric buses entered the routes in the east of the city.

    Electric buses are serviced under life cycle contracts. For 15 years after transfer to Mosgortrans fleets, the manufacturing companies independently ensure the proper operation of the equipment on city routes.

    Krasnaya Pakhra is the largest electric bus park in Europe. Its total area is 10 hectares. It is designed to service up to 500 large-class electric buses. Krasnaya Pakhra has more than 200 charging posts and 34 charging stations for electric buses. In addition, the park has three lines of portal electric bus washes with a circulating water supply system.

    The Krasnaya Pakhra electric bus depot is designed for 1.6 thousand jobs. Its employees are provided with social guarantees from the Moscow Government. The depot is equipped with comfortable rest rooms, a canteen, showers and changing rooms for drivers.

    Comfortable and environmentally friendly transport

    The advantage of electric buses is that they travel smoothly and silently, for the comfort of passengers there is adaptive interior lighting, which changes from a cold shade to a warm one. When the doors are opened, an air curtain is activated, which helps maintain a comfortable temperature in the cabin. It has everything for the convenience of travel: charging ports for gadgets and media screens with useful information about the route.

    Such vehicles meet the most stringent safety and service standards. Low-floor transport is suitable for everyone, it is fully adapted for the comfort of passengers with limited mobility: the cabin has a folding ramp and driver call buttons, a storage area is provided for strollers and bicycles.

    For the safety of passengers, video cameras are installed outside and inside. In addition, this transport helps to preserve the environment: replacing one bus with an electric bus reduces carbon dioxide emissions into the environment by more than 60 tons per year.

    Innovative and reliable electric buses

    Since 2022, improved equipment has been delivered to the capital. In such vehicles, the front route indicator, increased by 18 percent, makes it even easier to see the number from afar. The interior has an electric heater, which minimizes the impact on the environment and maintains an optimal temperature. The power reserve has increased from 40-50 to 80 kilometers. At the same time, the weight of the vehicle has remained the same. In 2024, KAMAZ and LiAZ trucks with an updated design entered service.

    In 2025, new generation electric buses entered service. They became even more comfortable thanks to an improved interior layout, a 15 percent larger storage area, hand luggage space, and a modified door design. The climate control system became even more efficient, and the doors now have light strips indicating the opening and closing of the doors. The appearance became even more in line with modern trends in global industrial design.

    Under the contract with PJSC KAMAZ, this year it is planned to supply 400 innovative vehicles of the 52 222 model of the A5 generation. They are being created taking into account the operating experience of earlier electric buses and passenger feedback. Moscow’s order for the creation of new equipment supports employment in the regions and stimulates the development of domestic industry.

    In 2024, more than 70 electric bus routes were launched in the capital, and over 800 electric buses were delivered. More than 2,350 innovative KamAZ and LiAZ vehicles provide operation on over 210 routes. It is expected that by 2035, almost the entire Mosgortrans fleet will switch to electric buses.

    You can pay for your travel in any convenient way using digital validators.

    Quickly find out the main news of the capital inofficial telegram channel the city of Moscow.

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    https: //vv.mos.ru/nevs/ite/156147073/

    MIL OSI Russia News –

    July 2, 2025

  • MIL-OSI Russia: An exhibition about the capital’s tour guides will open in Moscow

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    An unusual photo exhibition will open in the courtyard of the Museum of Moscow on July 5. This is a visual dedication to modern tour guides — people who show the capital from new angles to city residents and travelers every day. You can see the exhibition until August 31. Admission is free.

    “It is thanks to the guides that we see Moscow in all its beauty and diversity. The city highly values their professionalism, knowledge, energy and love for their work. Mosturism supports the excursion community, unites it and helps improve the quality of excursion services in the capital, including holding professional skills competitions, unique shows and events at cultural heritage sites. More than 1.5 thousand guides have already been certified in the city,” said Alexander Chernov, head of the department for the coordination of tourist and excursion activities of the autonomous non-profit organization “Project Office for the Development of Tourism and Hospitality of Moscow.”

    The heroes of the new exhibition project are 18 Moscow tour guides. Their favorite places and length of service are indicated next to their portraits on the stands. In addition, a short description of one of the routes is given, and a QR code is posted that leads to the guide’s personal page on the Russpass service. There you can learn more about their excursions and book a specific walk.

    “The Museum of Moscow is one of the oldest in the capital, and since its foundation, our relations with the city and research work have not been limited to exhibition projects. Since 1946, the museum has had a city excursion bureau, and today our guides create and conduct excursions along a variety of routes – from Ostozhenka to Zelenograd and Kapotnya. In addition, we train new guides at our school “Moskvaguide” and are happy when they receive accreditation and continue working on the streets of the capital. Therefore, a project that brings to the forefront the work of independent guides who find professional self-realization through love for the city is especially close to us,” said Anna Trapkova, General Director of the Museum Association “Museum of Moscow”.

    The goal of the project is not only to show the work of tour guides, but also to inspire new storytellers to create original and interesting routes, to emphasize the importance of this work for preserving cultural heritage. And also to remind how many amazing stories of Moscow are waiting to be explored.

    The exhibition is not the only way to popularize the profession of a guide and intracity tourism. Since 2020, Mosturism has been holding the “Show Moscow!” competition. Anyone can take part and suggest an original route — from professional guides to amateurs. Until July 14, city residents vote for the best option on the project’s website “Active Citizen”. 60 versions of thematic walks in 12 districts of Moscow made it to the finals, and in total this year a record number of works were submitted to the competition – more than 800.

    Quickly find out the main news of the capital in official telegram channel the city of Moscow.

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

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

    https: //vv.mos.ru/nevs/ite/156156073/

    MIL OSI Russia News –

    July 2, 2025

  • MIL-OSI Security: Large Scale Global Exercise 24

    Source: United States EUROPEAN COMMAND

    LSGE 24 logo

    Large Scale Global Exercise 2024, a series of all-domain military exercises executed alongside Allies and partners around the globe, begins this month and will run through June.

    LSGE 24 is a Department of Defense global exercise, coordinated this year by U.S. European Command in collaboration with participating DoD combatant commands. It will incorporate military personnel from the U.S. Army, Navy, Marine Corps, Air Force, and Space Force, and demonstrate joint and multinational military cooperation.

    “Our commitment to peace and security not only here in Europe, but throughout the world, is unwavering,” said U.S. European Command Deputy Commander U.S. Air Force Lt. Gen. Steven Basham. “Large Scale Global Exercise 24 is another opportunity to showcase our commitment and resolve, while demonstrating our readiness to respond to any security challenge.”

    LSGE 24 is comprised of multiple exercises designed to strengthen agility and interoperability with Allies and partners. The LSGE 24 series will incorporate nearly 30 wide-ranging exercises and military activities with discrete objectives. Collectively, these activities will highlight America’s robust presence and capabilities alongside Allies, partners and fellow U.S. combatant commands.

    Of the multiple events associated with LSGE 24, 11 are set to take place in the USEUCOM area of responsibility and will include: Allied Spirit, Trojan Footprint, two iterations of Bomber Task Force, Nordic Response, Arctic Shock, Saber Strike, Immediate Response, Swift Response, Astral Knight, and BALTOPS. The remaining events will be conducted by participating U.S. combatant commands and executed alongside like-minded nations.

    LSGE 24 will be the third iteration of the global, integrated series of exercises.

    For more information and imagery/video of associated exercises, visit DVIDS: Large Scale Global Exercise 2024.

    MIL Security OSI –

    July 2, 2025

  • MIL-OSI Security: Large Scale Global Exercise 24

    Source: United States EUROPEAN COMMAND

    LSGE 24 logo

    Large Scale Global Exercise 2024, a series of all-domain military exercises executed alongside Allies and partners around the globe, begins this month and will run through June.

    LSGE 24 is a Department of Defense global exercise, coordinated this year by U.S. European Command in collaboration with participating DoD combatant commands. It will incorporate military personnel from the U.S. Army, Navy, Marine Corps, Air Force, and Space Force, and demonstrate joint and multinational military cooperation.

    “Our commitment to peace and security not only here in Europe, but throughout the world, is unwavering,” said U.S. European Command Deputy Commander U.S. Air Force Lt. Gen. Steven Basham. “Large Scale Global Exercise 24 is another opportunity to showcase our commitment and resolve, while demonstrating our readiness to respond to any security challenge.”

    LSGE 24 is comprised of multiple exercises designed to strengthen agility and interoperability with Allies and partners. The LSGE 24 series will incorporate nearly 30 wide-ranging exercises and military activities with discrete objectives. Collectively, these activities will highlight America’s robust presence and capabilities alongside Allies, partners and fellow U.S. combatant commands.

    Of the multiple events associated with LSGE 24, 11 are set to take place in the USEUCOM area of responsibility and will include: Allied Spirit, Trojan Footprint, two iterations of Bomber Task Force, Nordic Response, Arctic Shock, Saber Strike, Immediate Response, Swift Response, Astral Knight, and BALTOPS. The remaining events will be conducted by participating U.S. combatant commands and executed alongside like-minded nations.

    LSGE 24 will be the third iteration of the global, integrated series of exercises.

    For more information and imagery/video of associated exercises, visit DVIDS: Large Scale Global Exercise 2024.

    MIL Security OSI –

    July 2, 2025

  • MIL-OSI Economics: Country and regional analyses underscore urgency of WTO reform

    Source: International Chamber of Commerce

    Headline: Country and regional analyses underscore urgency of WTO reform

    Building on the 2024 regional study, a new 2025 follow-up report commissioned by the International Chamber of Commerce (ICC) and conducted by Oxford Economics provides a country-level look at the consequences of WTO dissolution for ten developing economies: Brazil, Cameroon, China, Egypt, Guatemala, India, Indonesia, South Africa, Türkiye and Vietnam.

    The 2024 regional study (available in English and Spanish) showed that WTO dissolution would have devastating consequences for developing economies across the world, including:

    • A 33% drop in developing countries’ non-fuel goods trade relative to a baseline scenario with the multilateral system still in place;
    • A permanent GDP loss to developing countries of over 5% – driven in part by a 5% decline in foreign direct investment flows;
    • Acute export losses of 43% in low-income economies and 32% in middle-income countries;
    • At a regional level, trade flows in Sub-Saharan Africa and South Asia are most affected, reflective of the large number of LDCs within these groupings. 

    This new country-level analysis confirms those findings and shows the impact on ten examined developing economies:

    • Non-fuel goods exports would fall by up to 45%, with Brazil, India and China among the hardest hit. Even the least affected countries in the sample — Egypt and Guatemala — would face declines of around 20%;
    • Foreign direct investment is projected to fall between 3–6% in the ten countries studied, as rising uncertainty and trade costs undermine investor confidence;
    • Long-run GDP losses are estimated to range from 3% to 6%, with the sharpest contractions in economies highly dependent on export-led growth, such as Vietnam, China and India.

    These figures underscore what is at stake. For developing countries, the breakdown of the multilateral trading system would not just slow progress, it could reverse hard-won development gains.

    The message is clear: the multilateral trading system remains an essential foundation not only for economic growth and poverty reduction, but to also safeguard wider global interests, including supply chain resilience. Preserving and strengthening the WTO is not a theoretical exercise — it is an urgent priority for sustainable development and shared prosperity.

    Why are some countries more exposed than others?

    The research shows that countries with shallow integration into global value chains and limited trade agreements —such as Brazil and India — would face the sharpest export declines. Others, like China and Vietnam, are more integrated into global markets but remain highly dependent on a predictable, rules-based system. In all cases, a WTO dissolution would have far-reaching consequences for growth and development.

    Can FTAs replace the WTO’s rule-based system?

    While regional and bilateral trade agreements offer some protection, they do not offer the global legal certainty and broad-based commitments provided by WTO rules. Even with countries with more extensive FTA networks, such as Guatemala and Egypt, would still face major disruptions. In addition, many FTAs are built on WTO rules. If the global trading system broke down, parts of those agreements could stop working properly, and some deals might need to be rewritten.

    What needs to happen now?

    The findings reinforce the urgency of revitalising and strengthening the multilateral trading system. ICC urges governments to work together to ensure the multilateral trading system is modernised and made fit-for-purpose to meet the demands of today’s global economy.

    Without action, the cost of the erosion of the WTO will fall heaviest on those with the least ability to absorb it and the greatest need for a stable, rules-based global economy. The alternative, as this paper shows, is not just economic disruption for developing countries, but a devastating setback for global development and, ultimately, for the lives and livelihoods of billions.  

    MIL OSI Economics –

    July 2, 2025

  • MIL-OSI Economics: ICC expands Principles for Sustainable Trade Finance to include social impact and supply-chain solutions

    Source: International Chamber of Commerce

    Headline: ICC expands Principles for Sustainable Trade Finance to include social impact and supply-chain solutions

    Share this:

    Launched during the Financing for Future Development conference taking place in Seville, Spain, the updated Principles feature new Principles for Social Trade Finance (PSoTF) that enable lenders to classify facilities whose proceeds directly benefit vulnerable or underserved populations and align with the Social Loan Principles and the United Nations Sustainable Development Goals. Additionally, the update introduces the ICC Principles for Sustainability-Linked Supply-Chain Finance (PSL-SCF), providing detailed guidance on KPI selection, target calibration, monitoring and de-classification across all parties involved. This gives buyers and their suppliers a consistent, incentive-based pathway to embed decarbonisation and social metrics in payables-finance programmes.

    Provide your feedback: Industry consultation now open until 5 September 2025

    ICC has launched a public consultation inviting feedback from stakeholders across the trade finance ecosystem on the new components (the PSoTF and PSL-SCF) of the Principles. The survey, available here, is open until 5 September 2025, and is essential to ensure the final framework balances technical rigor with practicality for users operating across diverse geographies and product sets. ICC expects to formally ratify the document in Q3/4 of 2025.

    Contact us: For more information on the Principles for Sustainable Trade Finance or to submit detailed comments, please reach out to:

    More insights

    MIL OSI Economics –

    July 2, 2025

  • MIL-OSI Submissions: Australia – Tariffs, geopolitical tensions and a turning tide on inflation: here’s what CommBank’s economists are looking out for in FY26 – CBA

    Source: Commonwealth Bank of Australia (CBA)

    While global risks remain elevated, Australia’s economy is showing signs of resilience.

    “If anyone was still in any doubt that we had entered a new global economic era, the last few months have put those doubts to rest,” according to CBA’s Chief Economist Luke Yeaman and his team, today publishing ‘The CommBank View’, an in-depth analysis of economic issues in the year ahead.

    The report presents a cautiously optimistic outlook for FY26. Despite persistent global headwinds—including trade tensions and geopolitical uncertainty—the domestic economy is expected to remain resilient, buoyed by falling interest rates, stabilising inflation, and a rebound in household spending.

    Global Landscape: A New Economic Era

    CBA economists describe the current global environment as a departure from the stability of the “Great Moderation,” likening it instead to the economic volatility seen in the 1970s. The report notes:

    “Conflict, volatility, and economic nationalism will remain defining features of the global economy in FY26.”

    US trade policy is a major source of uncertainty. Tariff rates have tripled since 2024, and further hikes could again disrupt markets. Despite these tensions, the report highlights a willingness among global powers to avoid a full-scale breakdown of economic ties between major economies:

    “The US and China chose to step back from the brink and avoid full economic decoupling — for now the costs are simply too high.”

    Domestic Outlook: On the Path to a Cautious Recovery

    Australia’s economic growth is expected to step up from 1.3% to 2.3% by June 2026, with inflation settling in the RBA’s target band. In light of this, CBA economists expect the RBA to deliver 25 basis point rate cuts in both July and August, bringing the cash rate to 3.35% and then hold at those neutral levels.

    However, consumer behaviour remains a wildcard. While discretionary spending is beginning to recover, the report warns:

    “Consumers may be experiencing some scarring from the sustained cost-of-living crunch. This could see the recovery in household consumption disappoint in FY26.”

    https://youtu.be/bJt4917N5ts

    Key Tr

    MIL OSI – Submitted News –

    July 2, 2025

  • MIL-OSI Russia: There will be no benefits – the expansion of mortgages with state support for families with children under 14 has been postponed

    Translation. Region: Russian Federal

    Source: Mainfin Bank –

    Why haven’t the authorities agreed to expand the “Family Mortgage”?

    The government, together with the Ministry of Finance, does not approve the expansion of preferential mortgagesThe authorities had to abandon the initiative for a number of reasons:

    high key rate – state support will require significant expenditures from the budget; the Russian budget has been formed – it is difficult to provide for additional expenses; the budget remains tense – only 2 trillion rubles are required for the implementation of preferential mortgage programs in 2025, a revision of the terms will lead to an increase in this amount.

    “The proposal may be considered when the rate drops – we plan to return to the issue and develop new conditions for preferential mortgages,” the government noted.

    It is interesting that outside the framework of lending with state support, mortgages on market terms are not available to most families in 98% of the country’s regions. High rates have led to a decrease in demand for real estate and a cooling of the market.

    What home loan terms are available to families?

    Russian families still have access to preferential mortgages launched in 2018 – the program has been extended until 2030. Since 2024, the conditions have been tightened – you can get a loan:

    families raising a child under 6 years old, as well as children with disabilities at any age; for the purchase of an apartment only in new buildings, and in small cities where the construction of apartment buildings is not actively underway – also on the secondary market; at a rate of up to 6% per annum; with a maximum amount limited to 12 million rubles in Moscow and the region, St. Petersburg and the region, 6 million rubles in other regions.

    The authorities have repeatedly stated the need to revise the parameters of preferential mortgages – loans with state support should become as targeted as possible and accessible only to those borrowers who really need to improve their housing conditions.

    10:00 01.07.2025

    Source:

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

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

    хттпс://маинфин.ру/новости/льгот-не-будет-рассирение-ипотеки-с-господдержкой-на-семьи-с-детьми-до-14-лет-отложено

    MIL OSI Russia News –

    July 2, 2025
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