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Category: DJF

  • MIL-OSI USA: Tiffany Reintroduces Legislation to Protect American Sovereignty, Reject World Health Organization Pandemic Control

    Source: United States House of Representatives – Representative Tom Tiffany (WI-07)

    WASHINGTON, D.C. – Yesterday, Rep. Tom Tiffany led 10 of his House colleagues in reintroducing the No WHO Pandemic Preparedness Treaty Without Senate Approval Act. This legislation ensures that no future president can unilaterally commit the United States to a World Health Organization (WHO) pandemic treaty without the advice and consent of a two-thirds supermajority of the Senate. The bill’s reintroduction comes after the Biden-Harris administration’s prior openness to a WHO pandemic treaty, which fueled concerns about surrendering U.S. health policy to unelected globalists. 

    “While President Trump pulled the U.S. out of the corrupt WHO, this legislation blocks future administrations from surrendering our sovereignty to globalist schemers,” said Congressman Tiffany. “The WHO’s repeated failures in pandemic response show it cannot be trusted, and congressional oversight ensures no single administration can sign our rights away to the UN.”  

    “The WHO repeatedly failed the world in its response to the COVID-19 pandemic, spreading false information about the virus at the behest of the Chinese Communist Party,” said Chairman John Moolenaar of the House Select Committee on China. “The Trump administration was right to withdraw the United States’ membership from the WHO and refuse to sign its recent pandemic treaty. This important legislation will make sure no future president can unilaterally submit our nation to the WHO’s guidance because the organization is beholden to the CCP.” 

    Background:

    The WHO’s mismanagement of the COVID-19 pandemic, including its dismissal of early warnings from Taiwan about the outbreak and its amplification of false claims from the Chinese Communist Party that there was “no clear evidence of human-to-human transmission,” have rightfully left Americans wary of this global institution. While the Trump administration did not sign the recent WHO pandemic treaty that was adopted by consensus at the 78th World Health Assembly on May 20, 2025, the Biden administration signaled they would have signed it. The legislation would provide more transparency in WHO agreements and a constitutional check on any future administration that wishes to sign away our sovereignty.  

    10 Members of Congress cosponsored Rep. Tiffany’s No WHO Pandemic Preparedness Treaty Without Senate Approval Act, including: Reps. Michael Cloud (TX-27), Eli Crane (AZ-02), Dan Crenshaw (TX-02), Paul Gosar (AZ-09), Harriet Hageman (WY-At Large), John Moolenaar (MI-02), Ralph Norman (SC-05), Pete Stauber (MN-08), Claudia Tenney (NY-24), and Tony Wied (WI-08). 

    Senator Ron Johnson (R-WI) has introduced companion legislation in the Senate. He is joined by 15 Senators, including: Senators John Barrasso (R-WY), Ted Budd (R-NC), Kevin Cramer (R-ND), Mike Crapo (R-ID), Chuck Grassley (R-IA), Bill Hagerty (R-TN), John Hoeven (R-ND), James Lankford (R-OK), Mike Lee (R-UT), Cynthia Lummis (R-WY), Rand Paul (R-KY), James Risch (R-ID), Rick Scott (R-FL), Thom Tillis (R-NC), and Tommy Tuberville (R-AL). 

    You can read the bill text here and the Breitbart exclusive here.

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Grassley Statement on Supreme Court’s Universal Injunctions Decision

    US Senate News:

    Source: United States Senator for Iowa Chuck Grassley
    WASHINGTON – Senate Judiciary Committee Chairman Chuck Grassley (R-Iowa) issued the following statement in light of the Supreme Court’s 6-3 ruling in Trump v. CASA, Inc., affirming universal injunctions “likely exceed the equitable authority that Congress has given to federal courts.”  
    “Today’s decision is a significant step towards addressing the bipartisan problem of universal injunctions. I’m heartened to hear a supermajority of the Supreme Court echo what I’ve said repeatedly: judges’ constitutional authority is limited to deciding cases and controversies. Universal injunctions are an unconstitutional afront to our nation’s system of checks and balances, and ought to be stopped for good. 
    “The Supreme Court has now affirmed that federal courts are overstepping in their use of universal injunctions, and the Department of Justice has a right to forcefully challenge such overreach. As Judiciary Chairman, I’ve secured parliamentarian-approved provisions in Republicans’ One Big Beautiful Bill that will help the Justice Department fight back against injunctions, and I’ll continue working to move additional legislative solutions, including my Judicial Relief Clarification Act, towards the finish line.” 
    Background:
    Grassley’s provisions in the One Big Beautiful Bill to address universal injunctions include: hiring additional federal attorneys to challenge universal injunctions, requiring courts to track and publish metrics on universal injunctions and establishing judicial training programs regarding the lack of legal basis for universal injunctions. 
    Grassley is also spearheading legislation to limit federal court orders to parties directly before the court – ending the practice of universal injunctions and clarifying the constitutional role of the judicial branch. 
    -30-

    MIL OSI USA News –

  • MIL-OSI USA: Grassley Statement on Supreme Court’s Universal Injunctions Decision

    US Senate News:

    Source: United States Senator for Iowa Chuck Grassley
    WASHINGTON – Senate Judiciary Committee Chairman Chuck Grassley (R-Iowa) issued the following statement in light of the Supreme Court’s 6-3 ruling in Trump v. CASA, Inc., affirming universal injunctions “likely exceed the equitable authority that Congress has given to federal courts.”  
    “Today’s decision is a significant step towards addressing the bipartisan problem of universal injunctions. I’m heartened to hear a supermajority of the Supreme Court echo what I’ve said repeatedly: judges’ constitutional authority is limited to deciding cases and controversies. Universal injunctions are an unconstitutional afront to our nation’s system of checks and balances, and ought to be stopped for good. 
    “The Supreme Court has now affirmed that federal courts are overstepping in their use of universal injunctions, and the Department of Justice has a right to forcefully challenge such overreach. As Judiciary Chairman, I’ve secured parliamentarian-approved provisions in Republicans’ One Big Beautiful Bill that will help the Justice Department fight back against injunctions, and I’ll continue working to move additional legislative solutions, including my Judicial Relief Clarification Act, towards the finish line.” 
    Background:
    Grassley’s provisions in the One Big Beautiful Bill to address universal injunctions include: hiring additional federal attorneys to challenge universal injunctions, requiring courts to track and publish metrics on universal injunctions and establishing judicial training programs regarding the lack of legal basis for universal injunctions. 
    Grassley is also spearheading legislation to limit federal court orders to parties directly before the court – ending the practice of universal injunctions and clarifying the constitutional role of the judicial branch. 
    -30-

    MIL OSI USA News –

  • MIL-OSI Banking: African Development Bank and Mozambique collaborate to maximize country portfolio performance and economic transformation

    Source: African Development Bank Group

    The African Development Bank and the Government of Mozambique have completed a joint 2025 Country Portfolio Performance Review (CPPR) – setting the stage for maximum impact of the Bank’s $1.3 billion active portfolio in the country.

    It reinforces the Bank and Mozambique’s commitment to delivering measurable development outcomes that advance Mozambique’s economic transformation and improve citizen welfare across the country.

    Mozambique’s Minister of Finance, Carla Alexandra Loveira, emphasized the importance of such collaborative reviews.

    She explained: “The CPPR provides an invaluable opportunity for us to collectively scrutinize our progress, learn from past experiences, and refine our strategies. Our shared goal is to overcome implementation challenges to ensure timely and effective project execution…This meeting should serve as a turning point, an opportunity to unlock the full potential of development finance entrusted to us for Mozambique’s economic and social advancement”.

    The two-day workshop, held from 18-19 June, brought together key stakeholders from government ministries and from Project Implementation Units to assess progress and unlock greater effectiveness across Bank-funded operations.

    Participants addressed critical performance drivers, including operational quality, capacity enhancement for project execution, streamlined Bank supervision protocols, and optimized donor coordination mechanisms.

    “This joint review underscores our unwavering commitment to ensuring that Bank-funded projects in Mozambique deliver maximum impact and contribute effectively to the country’s development agenda,” said African Development Bank’s Country Manager for Mozambique, Macmillan Anyanwu. “These discussions and collaborative spirit demonstrated during this Country Portfolio Performance Review are crucial for addressing implementation bottlenecks and accelerating the delivery of results on the ground.”

    The outcome of the 2025 Country Portfolio Performance Review will culminate in an updated Country Portfolio Improvement Plan, featuring concrete actions and recommendations to address identified shortcomings. This strategic plan will be presented to senior government officials, including the Minister of Finance and sector ministers, for endorsement in June 2025.

    The Bank’s active portfolio in Mozambique comprises 42 operations across 32 projects, totalling $1.3 billion as of April 2025. The portfolio is concentrated in the energy sector (51%), followed by transport (28%), agriculture (16%), water and sanitation (2%), economic governance (2%), and social (1%).

    MIL OSI Global Banks –

  • MIL-OSI Banking: African Development Bank and Visa formalize strategic collaboration to expand digital access and ID solutions

    Source: African Development Bank Group
    The African Development Bank and Visa have formalized their cooperation to transform the African digital ecosystem. The partnership aims to enhance the affordability of mobile devices, computers and POS machines, expand access to secure digital identity solutions, and strengthen cybersecurity within the continent.

    MIL OSI Global Banks –

  • MIL-OSI Banking: World Micro, Small and Medium Enterprises Day: How African Development Bank’s AFAWA initiative helped woman-led, custom kitchen startup grow

    Source: African Development Bank Group

    Among the clanging sounds of machinery and the smell of sawdust, Dipuo Phakathi is building something extraordinary in a male-dominated home furnishings field. A mining engineer by training and working as an process engineer at Standard Bank, Phakathi’s kitchen and cabinet-making startup in Johannesburg, South Africa, was born out of a home renovation when she was at odds with the designers she hired to improve her own home.

    “I wanted to go big but none of them were really getting it,” she recalls. “They were not asking the right questions.”

    Frustrated by the renovation team’s lack of customization and vision, Phakathi hired her own carpenter – Nelson Macheque, a soft-spoken man with whom she said she felt an instant connection. Macheque had years of woodworking experience in woodworking but lacked business structure to grow: she had vision and determination but no production expertise. Together, they made an unusual team, spending weekends working on small renovations and custom closets for her home, then other clients. Phakathi said the startup was just a weekend side hustle while she continued working weekdays at Standard Bank.

    In 2018, Standard Bank ran a contest for employees with a side hustle. The prize was four months’ paid leave and a cash reward to focus on the contest winner’s business. Competing against thousands of colleagues, Phakathi won.

    “I thought, you know, this is the only time that I’m going to make my business grow. So I said, I’m going to take my business seriously,” she remembers.

    Despite the win, growth was slower than she anticipated. Phakathi and Macheque continued targeting small housing projects, using one of their custom-built units as a showroom for potential clients. “We were showing people what we could do, but it was still small-scale,” she said.

    Then during a family holiday, Phakathi spotted a beautiful kitchen in her AirBnB rental. Complimenting the owner, she learned he was in the kitchen manufacturing business and asked if he might mentor her. He agreed, but when they met back in Johannesburg, he stunned her with an offer to buy his factory. However, the asking price was $150,000, a figure Phakati could not afford. Thanks to a women entrepreneur support program she was participating in, she had legal expert crafted a payment plan based quarterly installments based on sales targets that the factory owner agreed to. The factory seller’s son even stayed on for a year to train her.

    Today, Phakathi’s Denic Cabinets business is thriving and impacting lives. Her expansion into corporate projects and her first international installation in Zambia in 2022 marked a significant milestone.

    “One of my employees, an old man who had never flown before, cried on the plane. That’s when I realized, this isn’t just a business – it’s a purpose,” Phakathi said, clearly moved.

    Each project they complete is a testament to how empowerment initiatives, from mentorship to financial readiness programs, enable women like Phakathi to overcome barriers. In 2024, thanks to Graca Machel Trust’s Women Creating Wealth, an AFAWA-backed women entrepreneurship program, Phakathi accessed $158,000 in funding that will help her further expand her business: “I’m getting machinery that will cut out my manual assembling time from days to basically minutes. With an increased productivity, I expect to double my turnover”, Phakathi said, her eyes lighting up.

    Phakathi’s journey exemplifies how making the most of Africa’s capital to foster its development, must center on reducing the financing gap the continent’s women entrepreneurs face. African Development Bank’s AFAWA program is facilitating the financial capital and business tools Africa’s women-led businesses need to succeed – Phakathi’s team is expanding. When women have the capital to build strong businesses, these businesses foster communities, create opportunities, and redefine the possibilities for those who follow.

    MIL OSI Global Banks –

  • MIL-OSI Europe: Piero Cipollone: The quest for cheaper and faster cross-border payments: regional and global solutions

    Source: European Central Bank

    Speech by Piero Cipollone, Member of the Executive Board of the ECB, at the BIS Annual General Meeting

    Basel, 27 June 2025

    Cross-border retail payments are the subject of increasing attention. This is for two main reasons.

    First, they play a growing role in the world economy, as international transaction volumes have been increasing at a faster pace than GDP growth. However, despite some improvements in recent years, many payment corridors remain poorly served, which results in slow transaction times and high costs and ultimately hinders economic growth and social cohesion. Moreover, this inefficiency undermines the benefits of globalisation, as the economic gains from lower trade barriers are diverted into rents within cross-border payment markets, rather than benefiting the businesses and households that make use of them.

    Second, new risks are emerging. Geopolitical tensions, for instance, could lead to further fragmentation of global payment systems. Moreover, the expansion of stablecoins could introduce several additional challenges, including currency substitution risks and over-reliance on a limited number of dominant private issuers.

    This is not a situation we can accept passively. We need continuous efforts to enhance cross-border payments, in line with the G20 Roadmap.[1] And central banks, given their role in ensuring the smooth functioning of payment systems, have a major role to play. Significant work has already been undertaken at international level, notably by the Bank for International Settlements (BIS) and the Financial Stability Board (FSB).

    Today, I would like to share our experience with cross-border payments from a regional perspective, emphasising how regional payment infrastructures can be part of the solution. I will then discuss our vision for advancing cross-border payments at the global level.

    The case for enhancing cross-border retail payments

    Let me begin by underscoring the costs and risks of inaction.

    Over the past few decades, the world has witnessed a surge in cross-border payments, driven by the globalisation of trade, capital and migration flows. According to some estimates, the value of cross-border retail payments could grow from close to USD 200 trillion last year to USD 320 trillion by 2032.[2]

    Yet, the average cost of international retail payments remains high. For nearly one-quarter of global payment corridors, costs exceed 3%. And in too many cases, they are slow – one-third of retail cross-border payments took more than one business day to be settled in 2024.[3]

    Worryingly, there are signs that progress is stalling. The FSB’s 2024 progress report revealed no improvements in costs and noted a deterioration in both costs and speed compared with 2023.[4]

    Geopolitical tensions further compound these challenges, as they risk fragmenting global payment systems and undermining the rules-based international order. This could challenge established correspondent banking networks and lead to greater complexity, higher costs and, in a worst-case scenario, the splintering of the global payment system into multiple, non-communicating blocs.

    This raises three pressing issues.

    First, high costs and slow transaction times are hampering economic integration and growth, with small and medium-sized enterprises (SMEs) bearing the brunt. For SMEs operating on tight margins, exorbitant fees discourage them from participating in cross-border trade.

    Second, the world’s most vulnerable groups – such as migrant workers sending remittances home – shoulder a disproportionate share of these costs. In many regions, sending money internationally remains prohibitively expensive. For example, the average costs of remittances to sub-Saharan Africa and South Asia stand at 7.7% and 6.2% respectively.[5] As it stands, the global Sustainable Development Goal target of lowering remittance costs to 3% remains a distant goal. The impact that reducing these fees would have on financial inclusion and well-being cannot be overstated.

    Third, inefficiencies in cross-border payments have created a gap that alternative players, particularly in the crypto-asset space, are eager to fill. However, many of these solutions come with significant risks. Unbacked crypto-assets, for instance, are highly volatile and speculative in nature, creating risks for unsuspecting households and businesses and lending themselves to illicit activities.[6]

    Furthermore, stablecoins come with their own set of challenges, which the BIS described in detail in a special chapter of its Annual Economic Report published this week.[7] Stablecoins carry credit risk, making them susceptible to runs, and pose fragmentation risks due to the multitude of stablecoins being issued. Some of these could end up trading at a discount, undermining the singleness of money.[8] Moreover, because a small number of issuers currently dominate the market, this could also give rise to concentration risks. Lastly, a key concern is the prevalence of US dollar stablecoins, which currently account for 99% of the global stablecoin market.[9] These stablecoins provide an easy way to store value in dollars, considerably increasing the risk of currency substitution in the form of “digital dollarisation”.[10] This phenomenon could have destabilising effects, particularly on emerging markets and less developed economies by impairing the effectiveness of domestic monetary policy. It may also increase the risk of capital flight in response to adverse economic shocks.

    Enhancing cross-border retail payments at the regional and global level

    To address inefficiencies in cross-border payments, we must offer an alternative that connects various parts of the global payments system and delivers tangible benefits in terms of speed and cost. At the same time, this solution must respect the integrity, sovereignty and stability of all countries involved.

    At the ECB, we are pursuing this on two levels – regional and global.

    Regional cross-border payments: the European experience

    At the regional level, Europe serves as a compelling example of what an interconnected payments landscape might look like.

    Of course, this has been facilitated by the creation of a single European market and the establishment of a monetary union. One of the key reasons for creating the euro was to support trade and investment by facilitating cross-border transactions. And the launch of our single currency offered a first solution to pay throughout the euro area – in the form of euro cash.

    The logical next step was to develop European instruments for electronic euro payments. The Single Euro Payments Area (SEPA) emerged from close cooperation between the public and private sector to harmonise electronic euro transactions. As a result, individuals and businesses can make payments across the euro area at very low costs using credit transfers or direct debit.

    The success of SEPA led to its expansion beyond the euro area and even beyond the European Union. Today, customers in 41 European countries can make euro payments quickly, safely and efficiently via credit transfer and direct debit, just as they would for domestic transactions.

    We have also developed the TARGET Instant Payment Settlement (TIPS) service, which enables the settlement of instant payments across the euro area. Instant payments are further supported by a payment scheme – the SEPA Instant Credit Transfer scheme – that provides harmonised rules, standards and protocols. Moreover, EU legislation has made it mandatory for banks to allow their customers to send and receive instant payment at low cost.

    A key feature of TIPS is that it’s a multi-currency platform. Taking advantage of this, Sweden and Denmark are using TIPS to facilitate fast payments in their respective currencies.[11] Norway will do the same as of 2028.[12] Furthermore, we are implementing a cross-currency settlement service that will allow instant payments initiated in one TIPS currency to be settled in another. Initially, this service will support cross-currency payments between the euro area, Sweden and Denmark.[13]

    Within Europe, we are also supporting the Western Balkans in developing a regional fast payment system.[14] As a service provider for TIPS, the Banca d’Italia is collaborating with the central banks of Albania, Bosnia and Herzegovina, Kosovo and Montenegro to develop an instant, multi-currency payment system based on TIPS software. North Macedonia may join the initiative at a later stage.[15] The new platform will facilitate instant payments both within each participating country and across borders.

    Going global: interlinking fast payment systems

    This shows the potential for strengthening regional integration in payments. However, let me be clear: regional integration must not come at the expense of global connectivity. It should not be used as a means to sever ties with global payment networks.

    Our approach is that regional and global integration can go hand in hand through the interlinking of fast payment systems across regions and countries. Today, over 100 jurisdictions worldwide have implemented their own fast payment systems.[16] Interlinking these systems has the potential to address inefficiencies and build lasting connections that are rooted in trade openness and balanced relationships between partners.

    This approach offers several advantages. It would reduce costs, increase the speed and transparency of cross-border payments and shorten transaction chains. It would also enable payment service providers to conduct transactions without having to use multiple payment systems or a long chain of correspondent banks. Moreover, it would ensure that the platform for connecting and converting currencies is managed as a public good, thus avoiding closed loops and discriminatory pricing. Accordingly, the G20 Roadmap for Enhancing Cross-border Payments has identified interlinking as a key strategy for enhancing cross-border payments.[17] In this respect, the excellent work the Committee on Payments and Market Infrastructures (CPMI) is carrying out on payee verification could make a significant difference.

    Last October, the ECB’s Governing Council decided to take concrete steps towards interlinking TIPS with other fast payment systems to improve cross-border payments globally.[18]

    We will implement a cross-currency settlement service for the exchange of cross-border payments between TIPS and other fast payment systems worldwide.[19] This will allow us to explore interlinking TIPS with fast payment systems that have a compatible scheme, are interested in being involved and fully comply with the standards set by the Financial Action Task Force for combating money laundering and terrorist financing.

    In addition, we are exploring the possibility of creating bilateral and multilateral links with other fast payment systems.

    One possibility under consideration is connecting TIPS to a multilateral network of instant payment systems through Project Nexus, led by the BIS.[20] By joining Nexus, TIPS could serve as a hub for processing instant cross-border payments to and from the euro area and other countries that use TIPS.[21]

    We are also currently assessing the feasibility of creating a bilateral link between TIPS and India’s Unified Payments Interface[22], which handles the highest volume of instant payment transactions in the world[23].

    Interlinking fast payment systems has the potential to solve the shortcomings related to the messaging leg of cross-border transactions, by facilitating the message that the payer’s bank in country A sends to the payee’s bank in country B about the incoming transfer of funds. This would already go a long way towards improving the efficiency of cross-border payments.

    However, what interlinking does not fully resolve is the settlement leg, through which money moves from the payer’s to the payee’s account. This still requires a bank that has access to both payment systems that are interlinked, or a credit relationship between a bank in country A and a bank in country B. This is particularly challenging, given the increasing retrenchment of the correspondent banking model.

    In this context, we need to collectively exercise our creativity. I do not envisage a solution that could cover all possible corridors and use cases: there may be scope for tokenised forms of money, as well as a revival of the correspondent banking model, especially if we can reduce the associated risks.

    In the realm of sovereign money, jurisdictions could agree to use their respective central bank digital currencies as settlement assets. In this respect, the current draft legislation on the digital euro provides for an approach that respects the sovereignty of non-euro area countries and mitigates potential risks for them. It does so by opening the possibility for residents of a partner country to use the digital euro, subject to an agreement with that country, complemented by an arrangement between the ECB and the respective central bank.[24]

    Appropriate safeguards – such as individual holding limits for users – would ensure that the digital euro is used primarily as a means of payment and does not fuel currency substitution. Furthermore, the digital euro’s design would include multi-currency functionality, similar to that of TIPS. In practice, this means that non-euro area countries could use the digital euro infrastructure to offer their own digital currencies, thereby facilitating transactions across these currencies.

    Conclusion

    Let me conclude.

    We find ourselves at a pivotal moment for cross-border payments. If we want to make decisive progress and increase their efficiency, we need to work together to develop new solutions. We must, however, be aware of the risks that some of the alternatives on offer may pose.

    I would like to thank the BIS – and in particular the CPMI – for the active role they play in this area, not least by bringing us all together today, with representatives from A (Angola) to Z (Zambia). Each of us brings different needs and circumstances to the table. This raises two fundamental questions. What do we have in common? And what principles can guide our collective efforts?

    First, we must harness responsible innovation to solve persistent challenges while mitigating the risks I have noted today. Central banks – by ensuring the safety and integrity of payment systems – play an important role in this regard. And by interlinking fast payment systems and exploring the use of central bank digital currencies, we can address settlement inefficiencies while safeguarding monetary sovereignty and financial stability.

    Second, regional solutions can serve as a foundation for global progress. I have argued that regional payment integration can be an important part of the solution – provided it remains open to, and actively facilitates, interlinking at a global level. We firmly believe that this open, multi-currency interlinking approach can lay the groundwork for cheaper, faster and more transparent cross-border payments – without compromising the integrity, stability or sovereignty of the countries involved. By designing payment systems that are open, interoperable and multi-currency ready, we can ensure that regional initiatives contribute to global integration rather than fragmentation.

    Finally, collaboration is central to our collective success. Forums such as the CPMI community of practice, as well as today’s workshop, provide valuable opportunities for sharing knowledge and experiences. We will continue to find ways to work together to build resilient, inclusive and interconnected payment infrastructures that meet the needs of our people and economies. And we at the ECB remain committed to sharing our expertise and collaborating wherever we can add value.

    Thank you for your attention.

    MIL OSI Europe News –

  • MIL-OSI Europe: Piero Cipollone: The quest for cheaper and faster cross-border payments: regional and global solutions

    Source: European Central Bank

    Speech by Piero Cipollone, Member of the Executive Board of the ECB, at the BIS Annual General Meeting

    Basel, 27 June 2025

    Cross-border retail payments are the subject of increasing attention. This is for two main reasons.

    First, they play a growing role in the world economy, as international transaction volumes have been increasing at a faster pace than GDP growth. However, despite some improvements in recent years, many payment corridors remain poorly served, which results in slow transaction times and high costs and ultimately hinders economic growth and social cohesion. Moreover, this inefficiency undermines the benefits of globalisation, as the economic gains from lower trade barriers are diverted into rents within cross-border payment markets, rather than benefiting the businesses and households that make use of them.

    Second, new risks are emerging. Geopolitical tensions, for instance, could lead to further fragmentation of global payment systems. Moreover, the expansion of stablecoins could introduce several additional challenges, including currency substitution risks and over-reliance on a limited number of dominant private issuers.

    This is not a situation we can accept passively. We need continuous efforts to enhance cross-border payments, in line with the G20 Roadmap.[1] And central banks, given their role in ensuring the smooth functioning of payment systems, have a major role to play. Significant work has already been undertaken at international level, notably by the Bank for International Settlements (BIS) and the Financial Stability Board (FSB).

    Today, I would like to share our experience with cross-border payments from a regional perspective, emphasising how regional payment infrastructures can be part of the solution. I will then discuss our vision for advancing cross-border payments at the global level.

    The case for enhancing cross-border retail payments

    Let me begin by underscoring the costs and risks of inaction.

    Over the past few decades, the world has witnessed a surge in cross-border payments, driven by the globalisation of trade, capital and migration flows. According to some estimates, the value of cross-border retail payments could grow from close to USD 200 trillion last year to USD 320 trillion by 2032.[2]

    Yet, the average cost of international retail payments remains high. For nearly one-quarter of global payment corridors, costs exceed 3%. And in too many cases, they are slow – one-third of retail cross-border payments took more than one business day to be settled in 2024.[3]

    Worryingly, there are signs that progress is stalling. The FSB’s 2024 progress report revealed no improvements in costs and noted a deterioration in both costs and speed compared with 2023.[4]

    Geopolitical tensions further compound these challenges, as they risk fragmenting global payment systems and undermining the rules-based international order. This could challenge established correspondent banking networks and lead to greater complexity, higher costs and, in a worst-case scenario, the splintering of the global payment system into multiple, non-communicating blocs.

    This raises three pressing issues.

    First, high costs and slow transaction times are hampering economic integration and growth, with small and medium-sized enterprises (SMEs) bearing the brunt. For SMEs operating on tight margins, exorbitant fees discourage them from participating in cross-border trade.

    Second, the world’s most vulnerable groups – such as migrant workers sending remittances home – shoulder a disproportionate share of these costs. In many regions, sending money internationally remains prohibitively expensive. For example, the average costs of remittances to sub-Saharan Africa and South Asia stand at 7.7% and 6.2% respectively.[5] As it stands, the global Sustainable Development Goal target of lowering remittance costs to 3% remains a distant goal. The impact that reducing these fees would have on financial inclusion and well-being cannot be overstated.

    Third, inefficiencies in cross-border payments have created a gap that alternative players, particularly in the crypto-asset space, are eager to fill. However, many of these solutions come with significant risks. Unbacked crypto-assets, for instance, are highly volatile and speculative in nature, creating risks for unsuspecting households and businesses and lending themselves to illicit activities.[6]

    Furthermore, stablecoins come with their own set of challenges, which the BIS described in detail in a special chapter of its Annual Economic Report published this week.[7] Stablecoins carry credit risk, making them susceptible to runs, and pose fragmentation risks due to the multitude of stablecoins being issued. Some of these could end up trading at a discount, undermining the singleness of money.[8] Moreover, because a small number of issuers currently dominate the market, this could also give rise to concentration risks. Lastly, a key concern is the prevalence of US dollar stablecoins, which currently account for 99% of the global stablecoin market.[9] These stablecoins provide an easy way to store value in dollars, considerably increasing the risk of currency substitution in the form of “digital dollarisation”.[10] This phenomenon could have destabilising effects, particularly on emerging markets and less developed economies by impairing the effectiveness of domestic monetary policy. It may also increase the risk of capital flight in response to adverse economic shocks.

    Enhancing cross-border retail payments at the regional and global level

    To address inefficiencies in cross-border payments, we must offer an alternative that connects various parts of the global payments system and delivers tangible benefits in terms of speed and cost. At the same time, this solution must respect the integrity, sovereignty and stability of all countries involved.

    At the ECB, we are pursuing this on two levels – regional and global.

    Regional cross-border payments: the European experience

    At the regional level, Europe serves as a compelling example of what an interconnected payments landscape might look like.

    Of course, this has been facilitated by the creation of a single European market and the establishment of a monetary union. One of the key reasons for creating the euro was to support trade and investment by facilitating cross-border transactions. And the launch of our single currency offered a first solution to pay throughout the euro area – in the form of euro cash.

    The logical next step was to develop European instruments for electronic euro payments. The Single Euro Payments Area (SEPA) emerged from close cooperation between the public and private sector to harmonise electronic euro transactions. As a result, individuals and businesses can make payments across the euro area at very low costs using credit transfers or direct debit.

    The success of SEPA led to its expansion beyond the euro area and even beyond the European Union. Today, customers in 41 European countries can make euro payments quickly, safely and efficiently via credit transfer and direct debit, just as they would for domestic transactions.

    We have also developed the TARGET Instant Payment Settlement (TIPS) service, which enables the settlement of instant payments across the euro area. Instant payments are further supported by a payment scheme – the SEPA Instant Credit Transfer scheme – that provides harmonised rules, standards and protocols. Moreover, EU legislation has made it mandatory for banks to allow their customers to send and receive instant payment at low cost.

    A key feature of TIPS is that it’s a multi-currency platform. Taking advantage of this, Sweden and Denmark are using TIPS to facilitate fast payments in their respective currencies.[11] Norway will do the same as of 2028.[12] Furthermore, we are implementing a cross-currency settlement service that will allow instant payments initiated in one TIPS currency to be settled in another. Initially, this service will support cross-currency payments between the euro area, Sweden and Denmark.[13]

    Within Europe, we are also supporting the Western Balkans in developing a regional fast payment system.[14] As a service provider for TIPS, the Banca d’Italia is collaborating with the central banks of Albania, Bosnia and Herzegovina, Kosovo and Montenegro to develop an instant, multi-currency payment system based on TIPS software. North Macedonia may join the initiative at a later stage.[15] The new platform will facilitate instant payments both within each participating country and across borders.

    Going global: interlinking fast payment systems

    This shows the potential for strengthening regional integration in payments. However, let me be clear: regional integration must not come at the expense of global connectivity. It should not be used as a means to sever ties with global payment networks.

    Our approach is that regional and global integration can go hand in hand through the interlinking of fast payment systems across regions and countries. Today, over 100 jurisdictions worldwide have implemented their own fast payment systems.[16] Interlinking these systems has the potential to address inefficiencies and build lasting connections that are rooted in trade openness and balanced relationships between partners.

    This approach offers several advantages. It would reduce costs, increase the speed and transparency of cross-border payments and shorten transaction chains. It would also enable payment service providers to conduct transactions without having to use multiple payment systems or a long chain of correspondent banks. Moreover, it would ensure that the platform for connecting and converting currencies is managed as a public good, thus avoiding closed loops and discriminatory pricing. Accordingly, the G20 Roadmap for Enhancing Cross-border Payments has identified interlinking as a key strategy for enhancing cross-border payments.[17] In this respect, the excellent work the Committee on Payments and Market Infrastructures (CPMI) is carrying out on payee verification could make a significant difference.

    Last October, the ECB’s Governing Council decided to take concrete steps towards interlinking TIPS with other fast payment systems to improve cross-border payments globally.[18]

    We will implement a cross-currency settlement service for the exchange of cross-border payments between TIPS and other fast payment systems worldwide.[19] This will allow us to explore interlinking TIPS with fast payment systems that have a compatible scheme, are interested in being involved and fully comply with the standards set by the Financial Action Task Force for combating money laundering and terrorist financing.

    In addition, we are exploring the possibility of creating bilateral and multilateral links with other fast payment systems.

    One possibility under consideration is connecting TIPS to a multilateral network of instant payment systems through Project Nexus, led by the BIS.[20] By joining Nexus, TIPS could serve as a hub for processing instant cross-border payments to and from the euro area and other countries that use TIPS.[21]

    We are also currently assessing the feasibility of creating a bilateral link between TIPS and India’s Unified Payments Interface[22], which handles the highest volume of instant payment transactions in the world[23].

    Interlinking fast payment systems has the potential to solve the shortcomings related to the messaging leg of cross-border transactions, by facilitating the message that the payer’s bank in country A sends to the payee’s bank in country B about the incoming transfer of funds. This would already go a long way towards improving the efficiency of cross-border payments.

    However, what interlinking does not fully resolve is the settlement leg, through which money moves from the payer’s to the payee’s account. This still requires a bank that has access to both payment systems that are interlinked, or a credit relationship between a bank in country A and a bank in country B. This is particularly challenging, given the increasing retrenchment of the correspondent banking model.

    In this context, we need to collectively exercise our creativity. I do not envisage a solution that could cover all possible corridors and use cases: there may be scope for tokenised forms of money, as well as a revival of the correspondent banking model, especially if we can reduce the associated risks.

    In the realm of sovereign money, jurisdictions could agree to use their respective central bank digital currencies as settlement assets. In this respect, the current draft legislation on the digital euro provides for an approach that respects the sovereignty of non-euro area countries and mitigates potential risks for them. It does so by opening the possibility for residents of a partner country to use the digital euro, subject to an agreement with that country, complemented by an arrangement between the ECB and the respective central bank.[24]

    Appropriate safeguards – such as individual holding limits for users – would ensure that the digital euro is used primarily as a means of payment and does not fuel currency substitution. Furthermore, the digital euro’s design would include multi-currency functionality, similar to that of TIPS. In practice, this means that non-euro area countries could use the digital euro infrastructure to offer their own digital currencies, thereby facilitating transactions across these currencies.

    Conclusion

    Let me conclude.

    We find ourselves at a pivotal moment for cross-border payments. If we want to make decisive progress and increase their efficiency, we need to work together to develop new solutions. We must, however, be aware of the risks that some of the alternatives on offer may pose.

    I would like to thank the BIS – and in particular the CPMI – for the active role they play in this area, not least by bringing us all together today, with representatives from A (Angola) to Z (Zambia). Each of us brings different needs and circumstances to the table. This raises two fundamental questions. What do we have in common? And what principles can guide our collective efforts?

    First, we must harness responsible innovation to solve persistent challenges while mitigating the risks I have noted today. Central banks – by ensuring the safety and integrity of payment systems – play an important role in this regard. And by interlinking fast payment systems and exploring the use of central bank digital currencies, we can address settlement inefficiencies while safeguarding monetary sovereignty and financial stability.

    Second, regional solutions can serve as a foundation for global progress. I have argued that regional payment integration can be an important part of the solution – provided it remains open to, and actively facilitates, interlinking at a global level. We firmly believe that this open, multi-currency interlinking approach can lay the groundwork for cheaper, faster and more transparent cross-border payments – without compromising the integrity, stability or sovereignty of the countries involved. By designing payment systems that are open, interoperable and multi-currency ready, we can ensure that regional initiatives contribute to global integration rather than fragmentation.

    Finally, collaboration is central to our collective success. Forums such as the CPMI community of practice, as well as today’s workshop, provide valuable opportunities for sharing knowledge and experiences. We will continue to find ways to work together to build resilient, inclusive and interconnected payment infrastructures that meet the needs of our people and economies. And we at the ECB remain committed to sharing our expertise and collaborating wherever we can add value.

    Thank you for your attention.

    MIL OSI Europe News –

  • MIL-OSI Banking: World Rugby Partners with Samsung TV Plus to Accelerate US and UK Expansion with RugbyPass TV FAST Channel

    Source: Samsung

    London, U.K. – Jun 27, 2025 – Samsung and World Rugby have partnered to launch the RugbyPass TV FAST Channel on Samsung TV Plus, a premium destination for streaming on Samsung devices. Arriving in the U.K. on 25 June, and shortly after in the U.S., this collaboration is the latest development in scaling up the global digital footprint of Rugby Pass as it looks to grow rugby’s audience share in key markets.
     
    The collaboration marks the first time RugbyPass TV content will be available on a FAST service, extending the reach of the leading app and broadcast service to millions of U.S. and U.K. households via Samsung TV Plus.
     
    The landmark RugbyPass TV FAST Channel offers a curated mix of live international action, compelling feature programming, and classic matches – all available for millions of households. The launch represents a major step forward in World Rugby’s commitment to delivering high-quality, accessible rugby content to broader and more diverse audiences across two of its key growth markets, laying the groundwork for a transformational decade of rugby leading into the Men’s and Women’s Rugby World Cups in 2031 and 2033.
     
    The RugbyPass TV FAST channel will play a significant role in Samsung’s continued commitment to expand the variety of premium sports content on Samsung TV Plus, making even more sports content free to access for broader audiences. For World Rugby, the collaboration will make the sport more discoverable to casual viewers and avid fans alike, expanding the sport’s addressable share of attention. It also reflects a growing appetite among sports fans for premium content without the paywall – an opportunity World Rugby is seizing to build fandom at scale.
     
    As part of the collaboration, Samsung TV Plus will showcase RugbyPass TV’s winning blend of live content, including rugby sevens, original programming documentaries and series, classic matches and in-depth analysis, ensuring something for all sports fans.
     
    World Rugby Chief Executive Alan Gilpin said: “With the U.S. and U.K. representing two of rugby’s most important and promising markets, this exciting collaboration with Samsung TV Plus is a major milestone in our journey to grow the game globally. Through RugbyPass TV FAST, we’re bringing the excitement, diversity, and global appeal of the game to more fans, in more homes, than ever before.”
     
    Head of Samsung TV Plus EMEA Gus Grimaldi added: “RugbyPass TV is a global leader in rugby content, and we’re thrilled to bring their first-ever FAST channel to Samsung TV Plus users in the UK. This launch not only enhances our sports offering but introduces a beloved sport to new fans by removing the paywall.”
     
    With women’s rugby at the forefront of World Rugby’s content and growth strategy, the FAST channel launch reinforces a forward-looking vision that embraces innovation, inclusion, and long-term legacy — in both established and emerging rugby nations.

    MIL OSI Global Banks –

  • MIL-OSI Security: DHS Awards $94 Million in Grants to Help Protect 512 Jewish Faith-Based Organizations from Targeted Violence and Terrorism

    Source: US Department of Homeland Security

    Following the terror attack in Boulder, CO and the murder of two Israeli Embassy staffers, DHS is working to counter the concern rise in antisemitic violence and terrorism

    WASHINGTON – Today, the Department of Homeland Security announced it is awarding $94,416,838 to over 512 Jewish faith-based organizations across the United States through its National Security Supplemental (NSGP-NSS).

    This money, part of the Nonprofit Security Grant Program, will be used to help these organizations harden their defenses against attacks. This allocation comes after a terrorist attacked demonstrators with a flamethrower and Molotov cocktails at an event in support of hostages in Gaza, and after two Israeli Embassy staffers were murdered in Washington, DC, by a terrorist who shouted, “Free Palestine.” In 2024, the ADL said it recorded a record high of 9,354 antisemitic incidents in the U.S., marking a 344% increase over the past five years.  

    “DHS is working to put a stop to the deeply disturbing rise in antisemitic attacks across the United States,” said DHS Assistant Secretary Tricia McLaughlin. “That this money is necessary at all is tragic. Antisemitic violence has no place in this country. However, under President Trump and Secretary Noem’s leadership, we are going to do everything in our power to make sure that Jewish people in the United States can live free of the threat of violence and terrorism.”

    The program, operated through FEMA, will help protect Jewish faith-based institutions from further attacks, and was advocated for by over 40 plus Jewish organizations. The funding was appropriated by Congress in response to a surge in antisemitic threats linked to the Israel Hamas war. All faith-based institutions were eligible to apply for grant funding to help defend themselves from threats including houses of worship, educational facilities, medical facilities, community centers and other faith-based institutions. More grant disbursements will follow from the NSGP.

    ###

    MIL Security OSI –

  • MIL-OSI Video: UN Chief on the Middle East and Gaza – Security Council Media Stakeout | United Nations

    Source: United Nations (video statements)

    António Guterres, UN Secretary-General on the situation in the Middle East and Gaza – Security Council Media Stakeout.

    https://www.youtube.com/watch?v=LstcV5edPls

    MIL OSI Video –

  • MIL-OSI Russia: Alexey Overchuk met with First Deputy Prime Minister of Mongolia Nyam-Osoryn Uchral

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    On the sidelines of the meeting of the Supreme Eurasian Economic Council in Minsk, Deputy Prime Minister Alexei Overchuk held a meeting with First Deputy Prime Minister of Mongolia Nyam-Osoryn Uchral, during which the parties discussed key issues of bilateral and multilateral trade and economic cooperation.

    Alexey Overchuk congratulated Nyam-Osoryn Uchral on his appointment to the high post and expressed confidence that his professional experience will contribute to further strengthening of friendly ties between Russia and Mongolia.

    Both sides stressed the importance of prompt ratification of the temporary free trade agreement between the Eurasian Economic Union and Mongolia, signed in Minsk at a meeting of the Supreme Eurasian Economic Council. The parties discussed in detail a range of issues, the solution of which will create conditions for the effective implementation of the signed agreement.

    The Deputy Prime Minister noted that bilateral cooperation is also developing dynamically. Mongolia is an important trading partner of Russia. According to the results of 2024, bilateral trade turnover increased by 17.8% to $2.59 billion. In January-April 2025, mutual trade increased by 5.9% and amounted to $861.2 million. The agreement will bring trade and economic relations between Russia and Mongolia to a qualitatively new level and will contribute to improving the trade balance between the EAEU member states and Mongolia.

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

    MIL OSI Russia News –

  • MIL-OSI Russia: China urges relevant party to avoid inciting or using forces advocating for ‘Taiwan independence’ – Chinese Foreign Ministry

    Translation. Region: Russian Federal

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

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

    BEIJING, June 27 (Xinhua) — China urges the relevant party to avoid inciting or using “Taiwan independence” forces, Foreign Ministry spokesman Guo Jiakun said Friday.

    Guo Jiakun made the remarks at a regular press conference in response to a Czech media report that Chinese embassy officials closely followed the car of Taiwanese politician Xiao Meiqin while she was in Prague last year.

    By allowing the visit of Xiao Meiqin, who is a die-hard supporter of “Taiwan independence”, the Czech Republic has seriously violated the one-China principle and political commitments to China, grossly interfering in its internal affairs. The Chinese side has expressed serious dissatisfaction and resolute protest over this, Guo Jiakun added.

    “Let me emphasize that Chinese diplomats always abide by the laws and regulations of the host country,” Guo Jiakun said, noting that China urges the relevant side to avoid instigating or taking advantage of “Taiwan independence” forces, making unnecessary scandals and malicious noise, and not disrupting or undermining interstate relations.

    No matter how Taiwan’s Democratic Progressive Party administration seeks “independence” by securing foreign support in any form, it cannot hide its evil intentions and will certainly fail in its attempts, a Chinese diplomat said. -0-

    MIL OSI Russia News –

  • MIL-OSI Russia: Monument to Xian Xinghai reopened in Almaty

    Translation. Region: Russian Federal

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

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

    ALMATY, June 27 (Xinhua) — A grand ceremony was held in Almaty on Friday to reopen the Xian Xinghai monument and its adjacent square after restoration.

    In his welcoming speech, Zhanibek Abdrashov, head of the Kazakh Foreign Ministry’s office in Almaty, noted the strong friendship between Xian Xinghai and Kazakh composer Bakhytzhan Baikadamov. “The monument we are unveiling today is not just a symbol of the memory of the great composer. It is a symbol of friendship, mutual understanding and cultural unity. It is a reminder of how, in difficult times, music can unite hearts, overcome borders and become the voice of humanity,” said Zh. Abdrashov.

    Deputy Head of the Almaty City Culture Department Arman Khalbekov said in his speech that the event is of great importance for the cultural life of Kazakhstan and China. “Friendly relations between Kazakhstan and China have deep historical roots… These historical ties are being revived today. This friendship continues to develop not only in the economy and partnership, but also in cultural ties,” he noted.

    Gulaim Zhumabekova, director of the State Museum of Arts of Kazakhstan, said that this monument is not just a sculptural object, but also a symbol of historical memory, gratitude and cultural ties between the two nations. “Today we are not just opening a renovated monument — we are once again emphasizing the importance of cultural ties between Kazakhstan and China,” said G. Zhumabekova.

    In her ceremonial speech, Chinese Consul General in Almaty Jiang Wei called for the preservation and strengthening of friendly ties between the two countries. “Let us together preserve and continue the friendship between China and Kazakhstan, embodied in the music of Xian Xinghai and Baikadamov, strengthen mutual understanding and closeness between the peoples of the two countries, and jointly build an even closer community of shared destiny between China and Kazakhstan,” she concluded.

    Following the unveiling ceremony of the monument, a retrospective screening of the film “Composer,” released in 2019, was held. It is the first Chinese-Kazakh joint film that won the prestigious 18th Huabiao Film Award and other awards. –0–

    MIL OSI Russia News –

  • MIL-OSI USA: Rep. Mike Levin Opposes Divisive Resolution on Los Angeles Protests

    Source: United States House of Representatives – Representative Mike Levin (CA-49)

    June 27, 2025

    Washington, D.C.– Today, Rep. Mike Levin (CA-49) released the following statement on his vote in opposition to H.Res. 516:

    “I opposed Rep. Young Kim’s intentionally divisive resolution this morning. Earlier this month, our state and local law enforcement officers in Los Angeles worked admirably to provide a safe environment so Americans could exercise their First Amendment right to protest. I wholeheartedly condemn those who took advantage of the situation to commit violent acts, and I stand with our state and local law enforcement.

    “The resolution we voted on today uses inflammatory language designed to divide us instead of bringing people together. We should be focused on bipartisan solutions that strengthen public safety and protect civil rights, not on partisan exercises that inflame tensions and pit communities against each other.”

    ##

    MIL OSI USA News –

  • MIL-OSI USA: Rep. Mike Levin Opposes Divisive Resolution on Los Angeles Protests

    Source: United States House of Representatives – Representative Mike Levin (CA-49)

    June 27, 2025

    Washington, D.C.– Today, Rep. Mike Levin (CA-49) released the following statement on his vote in opposition to H.Res. 516:

    “I opposed Rep. Young Kim’s intentionally divisive resolution this morning. Earlier this month, our state and local law enforcement officers in Los Angeles worked admirably to provide a safe environment so Americans could exercise their First Amendment right to protest. I wholeheartedly condemn those who took advantage of the situation to commit violent acts, and I stand with our state and local law enforcement.

    “The resolution we voted on today uses inflammatory language designed to divide us instead of bringing people together. We should be focused on bipartisan solutions that strengthen public safety and protect civil rights, not on partisan exercises that inflame tensions and pit communities against each other.”

    ##

    MIL OSI USA News –

  • MIL-OSI USA: State Energy Data System: Complete set of state-level estimates through 2023

    Source: US Energy Information Administration

    Schedule of new releases of energy consumption, prices, expenditures, indicators, and carbon dioxide (CO2) emissions from energy consumption estimates by source. See the 2023 version of this page.

    + EXPAND ALL

    Petroleum     
    Aviation gasoline 2024 Release date
    Consumption, prices, expenditures, and CO2 emissions from energy consumption Planned 11/07/2025
    Jet fuel 2024 Release date
    Consumption, prices, expenditures, and CO2 emissions from energy consumption Planned 11/07/2025
    Kerosene 2024 Release date
    Consumption Planned 01/09/2026
    Prices and expenditures Planned 01/09/2026
    CO2 emissions from energy consumption Planned 01/09/2026
    Residual fuel oil 2024 Release date
    Consumption Planned 01/09/2026
    Prices and expenditures Planned 01/09/2026
    CO2 emissions from energy consumption Planned 01/09/2026
    Hydrocarbon gas liquids 2024 Release date
    Consumption Planned 02/20/2026
    Prices and expenditures Planned 02/20/2026
    CO2 emissions from energy consumption Planned 02/20/2026
    Distillate fuel oil 2024 Release date
    Consumption Planned 03/06/2026
    Prices and expenditures Planned 03/06/2026
    CO2 emissions from energy consumption Planned 03/06/2026
    Motor gasoline 2024 Release date
    Consumption Planned 03/20/2026
    Prices and expenditures Planned 03/20/2026
    CO2 emissions from energy consumption Planned 03/20/2026
    Asphalt and road oil 2024 Release date
    Consumption, prices, expenditures, and CO2 emissions from energy consumption Planned 04/03/2026
    Lubricants 2024 Release date
    Consumption Planned 04/03/2026
    Prices and expenditures Planned 04/03/2026
    CO2 emissions from energy consumption Planned 04/03/2026
    Petroleum coke 2024 Release date
    Consumption Planned 04/17/2026
    Prices and expenditures Planned 04/17/2026
    CO2 emissions from energy consumption Planned 04/17/2026
    Other petroleum products (including petrochemical feedstocks) 2024 Release date
    Consumption, prices, expenditures, and CO2 emissions from energy consumption Planned 04/17/2026
    Total petroleum 2024 Release date
    Consumption Planned 04/17/2026
    Prices and expenditures Planned 04/17/2026
    CO2 emissions from energy consumption Planned 04/17/2026
    Nuclear energy    
      2024 Release date
    Consumption, prices, and expenditures Planned 11/21/2025
    Electricity    
      2024 Release date
    Consumption Planned 12/12/2025
    Prices and expenditures Planned 12/12/2025
    Natural gas     
      2024 Release date
    Consumption Planned 02/06/2026
    Prices and expenditures Planned 02/06/2026
    CO2 emissions from energy consumption Planned 02/06/2026
    Coal    
      2024 Release date
    Consumption Planned 01/23/2026
    Prices and expenditures Planned 01/23/2026
    CO2 emissions from energy consumption Planned 01/23/2026
    Renewable energy    
    Noncombustible renewable energy 2024 Release date
    Geothermal energy consumption Planned 12/19/2025
    Hydroelectric power consumption Planned 12/19/2025
    Solar energy consumption Planned 12/19/2025
    Wind energy consumption Planned 12/19/2025
    Biodiesel 2024 Release date
    Consumption Planned 03/06/2026
    Renewable diesel 2024 Release date
    Consumption Planned 03/06/2026
    Fuel ethanol 2024 Release date
    Consumption Planned 03/20/2026
    Wood and biomass waste 2024 Release date
    Consumption Planned 05/01/2026
    Prices and expenditures Planned 05/01/2026
    Total renewable energy 2024 Release date
    Consumption Planned 05/01/2026
    Total energy    
      2024 Release date
    Consumption Planned 05/22/2026
    Prices and expenditures Planned 05/22/2026
    CO2 emissions from energy consumption Planned 05/22/2026
    Energy indicators    
      2024 Release date
    Population, GDP, and degree days Planned 11/07/2025
    Electric net summer capacity Planned 12/12/2025
    Capacity factors and usage factors Planned 12/12/2025
    Electric light-duty vehicles Planned 12/12/2025
    Electric vehicle charging infrastructure Planned 12/12/2025
    Electric vehicle electricity consumption (experimental)(preliminary) Planned 12/12/2025
    Data files    
    Data files are updated every time a new set of SEDS estimates is released.
    Consumption 1960-2024 Release date
    All consumption estimates              
    in physical units Planned 11/07/2025
    in Btu Planned 11/07/2025
    Thermal conversion factors Planned 11/07/2025
    Prices and expenditures 1970-2024 Release date
    All price and expenditure estimates            
    Prices Planned 11/07/2025
    Expenditures Planned 11/07/2025
    Adjusted consumption for expenditure calculations Planned 11/07/2025
    Energy indicators 1960-2024 Release date
    All energy indicator estimates Planned 11/07/2025
    Carbon dioxide (CO2) emissions from energy consumption 1960-2024 Release date
    All CO2 emissions estimates Planned 11/07/2025
    Consolidated data file (in long format with over 2.3 million records) 1960-2024 Release date
    Consumption, price, expenditure, production, indicators, and CO2 emissions estimates Planned 11/07/2025

    For additional information see:

    MIL OSI USA News –

  • MIL-OSI Security: Boston Man Sentenced to More Than Five Years in Prison for Fentanyl Distribution

    Source: US FBI

    BOSTON – A Boston man was sentenced today in federal court in Boston for a drug distribution offense involving fentanyl. The defendant is currently awaiting trial on murder charges in Massachusetts state court.

    Csean Skerritt, a/k/a “Shizz Grimmy,” a/k/a “Black,” 36, was sentenced by U.S. District Court Judge Nathaniel M. Gorton to 68 months federal prison, to be followed by four years of supervised release. In March 2025, Skerritt pleaded guilty to one count of distribution of 40 grams or more of fentanyl. In March 2025, Skerritt was indicted by a federal grand jury.

    As part of a drug trafficking investigation, on Feb. 1, 2023, Skerritt agreed to sell 50 grams of fentanyl to an individual in exchange for $1,500. Following a series of communications, Skerritt met the individual at a pre-arranged location. There, Skerritt entered the individual’s car and provided approximately 52.3 grams of fentanyl in exchange for the agreed-upon amount.

    On March 9, 2023, Skerritt was indicted for murder in the Massachusetts Superior Court and is awaiting trial.

    United States Attorney Leah B. Foley; Ted E. Docks, Special Agent in Charge of the Federal Bureau of Investigation, Boston Division; Boston Police Commissioner Michael Cox; and Suffolk County District Attorney Kevin Hayden made the announcement today. Assistant U.S. Attorney John T. Dawley of the Organized Crime & Gang Unit prosecuted the case.

    This case is part of an Organized Crime Drug Enforcement Task Forces (OCDETF) operation. OCDETF identifies, disrupts, and dismantles the highest-level criminal organizations that threaten the United States using a prosecutor-led, intelligence-driven, multi-agency approach. Additional information about the OCDETF Program can be found at https://www.justice.gov/OCDETF.
     

    MIL Security OSI –

  • MIL-OSI Security: Boston Man Sentenced to More Than Five Years in Prison for Fentanyl Distribution

    Source: US FBI

    BOSTON – A Boston man was sentenced today in federal court in Boston for a drug distribution offense involving fentanyl. The defendant is currently awaiting trial on murder charges in Massachusetts state court.

    Csean Skerritt, a/k/a “Shizz Grimmy,” a/k/a “Black,” 36, was sentenced by U.S. District Court Judge Nathaniel M. Gorton to 68 months federal prison, to be followed by four years of supervised release. In March 2025, Skerritt pleaded guilty to one count of distribution of 40 grams or more of fentanyl. In March 2025, Skerritt was indicted by a federal grand jury.

    As part of a drug trafficking investigation, on Feb. 1, 2023, Skerritt agreed to sell 50 grams of fentanyl to an individual in exchange for $1,500. Following a series of communications, Skerritt met the individual at a pre-arranged location. There, Skerritt entered the individual’s car and provided approximately 52.3 grams of fentanyl in exchange for the agreed-upon amount.

    On March 9, 2023, Skerritt was indicted for murder in the Massachusetts Superior Court and is awaiting trial.

    United States Attorney Leah B. Foley; Ted E. Docks, Special Agent in Charge of the Federal Bureau of Investigation, Boston Division; Boston Police Commissioner Michael Cox; and Suffolk County District Attorney Kevin Hayden made the announcement today. Assistant U.S. Attorney John T. Dawley of the Organized Crime & Gang Unit prosecuted the case.

    This case is part of an Organized Crime Drug Enforcement Task Forces (OCDETF) operation. OCDETF identifies, disrupts, and dismantles the highest-level criminal organizations that threaten the United States using a prosecutor-led, intelligence-driven, multi-agency approach. Additional information about the OCDETF Program can be found at https://www.justice.gov/OCDETF.
     

    MIL Security OSI –

  • MIL-OSI Security: Armed Robber Caught by Joint Law Enforcement Effort After Escaping Custody

    Source: US FBI

    DETROIT — Markiese King, 31, of Detroit, Michigan was charged this week, with a six-count indictment alleging three counts of Interference with Commerce by Robbery, two counts of Use and Carry of a Firearm in Relation to a Crime of Violence, and one count of Prisoner Escape, United States Attorney Jerome F. Gorgon Jr. announced today.

    According to the indictment, King is alleged to have robbed a Dollar General store in the city of Detroit on May 20, 2025.  After entering the store, King allegedly brandished a firearm and demanded money from the store’s employees.

    The indictment also alleges that on May 23, 2025, King robbed an Advance Auto Parts in the city of Warren, Michigan. King threatened the store’s employees and demanded money.

    Between the second and third robberies, King allegedly left the Cherry Health Residential Reentry Center, where he was in custody for a prior conviction, without permission. After escaping, on May 28, 2025, King allegedly robbed an AutoZone in Highland Park, Michigan again brandishing a pistol at employees.

    The Detroit Police Department, Warren Police Department, Highland Park Police Department, and the Federal Bureau of Investigation’s Macomb County Gang and Violent Crime Task Force, and Detroit Violent Crime Task Force, as well as the U.S. Marshal’s Service worked together to identify and locate King leading to his swift arrest on May 30, 2025. King has been in custody since that arrest.

    An indictment is only a formal charging document and is not evidence of guilt.  A defendant is entitled to a fair trial in which it will be the government’s burden to prove guilt beyond a reasonable doubt.

    This case is being prosecuted by Assistant United States Attorney Micah Wallace. 
     

    MIL Security OSI –

  • MIL-OSI Security: Conehatta Man Pleads Guilty to Sexual Abuse of a Minor

    Source: US FBI

    Jackson, MS – On June 17, 2025, a Newton County man pleaded guilty to sexually abusing a minor under the age of sixteen.

    According to court documents, in February of 2024, Javeon Deshaun Jefferson, 25, engaged in the sexual abuse of a minor in the Conehatta Community of the Choctaw Indian Reservation.

    Acting U.S. Attorney Patrick A. Lemon of the Southern District of Mississippi, made the announcement.  The Choctaw Police Department and the Federal Bureau of Investigation investigated the case.

    Jefferson is scheduled to be sentenced on October 28, 2025, and faces a maximum penalty of fifteen years in prison. A federal district judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Assistant U.S. Attorneys Kevin J. Payne and Brian K. Burns prosecuted the case.

    MIL Security OSI –

  • MIL-OSI Security: Conehatta Man Pleads Guilty to Sexual Abuse of a Minor

    Source: US FBI

    Jackson, MS – On June 17, 2025, a Newton County man pleaded guilty to sexually abusing a minor under the age of sixteen.

    According to court documents, in February of 2024, Javeon Deshaun Jefferson, 25, engaged in the sexual abuse of a minor in the Conehatta Community of the Choctaw Indian Reservation.

    Acting U.S. Attorney Patrick A. Lemon of the Southern District of Mississippi, made the announcement.  The Choctaw Police Department and the Federal Bureau of Investigation investigated the case.

    Jefferson is scheduled to be sentenced on October 28, 2025, and faces a maximum penalty of fifteen years in prison. A federal district judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Assistant U.S. Attorneys Kevin J. Payne and Brian K. Burns prosecuted the case.

    MIL Security OSI –

  • MIL-OSI Security: Corinth Man Sentenced in Armed Carjacking Case

    Source: US FBI

    Aberdeen, MS – A Corinth man was sentenced today to 12 years in prison for armed carjacking.

    According to court documents, Talinn Loveless, 24, previously pled guilty to taking a motor vehicle from the presence of another through force, violence, and intimidation, as well as brandishing a firearm during and in relation to a crime of violence. Brandishing a firearm during a crime of violence carries a mandatory seven years imprisonment consecutive to any sentence imposed for any other count of conviction.

    Senior U.S. District Judge Glen H. Davidson sentenced Loveless to a total term of imprisonment of 144 months, which included 60 months for carjacking and an additional 84 months for brandishing a firearm during the commission of the offense. Upon release from prison, Loveless will be on supervision for a period of three years. Loveless was also ordered to pay $5,000.00 in restitution to the victim. He was remanded to the custody of the U.S. Marshal following sentencing.

    “Violent criminals belong in jail, and the sentence imposed today by Judge Davidson has ensured accountability for the actions of this defendant,” said U.S. Attorney Clay Joyner.  “The Corinth Police Department and the FBI conducted an outstanding investigation that ensured serious consequences for the inherently dangerous crime of armed carjacking.”

    “The Corinth Police Department would like to thank the FBI and the U.S. Attorney’s Office for their hard work and assistance in this matter,” said Corinth Police Chief Landon Tucker. “This defendant was rightfully brought to justice. We will continue to prioritize the safety of our community and ensure that those who threaten public safety are held responsible.”

    “Depriving innocent victims of their hard-earned property will not be tolerated,” Special Agent in Charge of the FBI Jackson Field Office Robert Eikhoff. “Mr. Loveless’ conviction and sentencing sends a clear message that the FBI and our law enforcement partners will continue to work together to pursue violent offenders relentlessly and work tirelessly to restore safety and justice to our neighborhoods.”

    This case was investigated by the Federal Bureau of Investigation, the Corinth Police Department, and the Mississippi Highway Patrol.

    Assistant U.S. Attorney Robert J. Mims prosecuted the case.

    MIL Security OSI –

  • MIL-OSI Russia: Dmitry Chernyshenko: Joint projects of Russia and Belarus will provide more opportunities for self-realization of youth

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    The forum participants were greeted by the Presidents of Russia and Belarus, Vladimir Putin and Alexander Lukashenko. Thus, President Vladimir Putin thanked the participants for their tangible contribution to strengthening the Russian-Belarusian strategic partnership, the Union State and good-neighborly relations between citizens of both countries.

    Also speaking at the plenary session were the Chairperson of the Federation Council of the Federal Assembly of the Russian Federation Valentina Matviyenko and the Chairperson of the Council of the Republic of the National Assembly of the Republic of Belarus Natalia Kochanova.

    Dmitry Chernyshenko thanked them for their great contribution to the formation of unified approaches to the youth agenda of the two countries.

    He also stated the importance of joint efforts between Russia and Belarus to preserve historical memory and patriotic education of youth.

    “Our leaders – Vladimir Vladimirovich Putin and Alexander Grigoryevich Lukashenko – always emphasize the importance of developing humanitarian ties between our fraternal peoples. This year we celebrate the 80th anniversary of Victory in the Great Patriotic War. Therefore, joint efforts to combat the glorification of Nazism, the falsification of history and the patriotic education of our youth are of particular importance,” the Deputy Prime Minister emphasized.

    This year marks 30 years since the conclusion of the Agreement on Cooperation in the Sphere of Youth Policy between Russia and Belarus. During the anniversary year, large-scale events were organized in Russia and Belarus: the Victory Parade, the Immortal Regiment and Belarus Remembers campaigns, and the Memory Train project was implemented.

    “For the coming year, we see two important tasks assigned by our heads of state: to develop a strategy for the youth policy of the Union State, to update the Agreement on Cooperation in the Sphere of Youth Policy. This will further strengthen our fraternal ties and will allow us to raise cooperation to a qualitatively new level, as well as provide additional opportunities for the self-realization of the youth of Russia and Belarus,” noted Dmitry Chernyshenko.

    In December last year, a “road map” of joint events for the coming years was approved in Moscow. It included more than 60 different initiatives. The first significant event was the gathering of student brigades of the Union State in the youth capital of Russia – Perm.

    Within the framework of international youth cooperation, a number of joint projects are being implemented to familiarize young people with other countries. For example, a program of familiarization trips to Russia is being implemented – “New Generation”. Last year, 570 delegates from CIS countries took part in them, including 96 citizens of the Republic of Belarus.

    The legacy of the World Youth Festival (WYF), which was held in Russia last year with the support of President Vladimir Putin, is also preserved and expanded. The WYF’s flagship project has become international friendship clubs, of which there are 90 in all 89 regions of the Russian Federation. They help children from all over the world maintain contacts after the festival.

    The main event of this year in the field of international youth cooperation will be the gathering of the World Youth Festival in Nizhny Novgorod, which will bring together 2 thousand participants from 130 countries, including the Republic of Belarus.

    The Deputy Prime Minister emphasized that the effectiveness of efforts depends on the quality of implementation of specific programs and projects. It is necessary to constantly analyze the results of the events held, identify shortcomings and develop recommendations for improving existing interaction mechanisms. This is the only way to guarantee the achievement of the goals set by the presidents and ensure the further development of youth cooperation within the Union State.

    Also, within the framework of the XII Forum of Regions of Russia and Belarus, Dmitry Chernyshenko and Governor of the Nizhny Novgorod Region Gleb Nikitin took part in a meeting with heads of state authorities of the regions of Russia and Belarus chaired by the Chairperson of the Federation Council of the Federal Assembly of the Russian Federation Valentina Matvienko and the Chairperson of the Council of the Republic of the National Assembly of the Republic of Belarus Natalia Kochanova. In addition, they assessed the exposition of the forum exhibition as part of the delegation. Among the developments presented are implants for surgery, neurosurgery, traumatology, an industrial robot, lasers and much more.

    During the tour of the exhibition, Dmitry Chernyshenko and Gleb Nikitin also examined a three-section tram and an electric bus with a single name “MiNiN”. This is the product of the joint Russian-Belarusian enterprise “Nizhekotrans”, located in the city of Vorsma in the Nizhny Novgorod region. Over the years, more than 90 “MiNiN” trams and more than 60 electric buses have been assembled at the site. Such equipment is already running in Nizhny Novgorod, and a batch of trams was also delivered to Krasnodar. The plans include expanding the geography of deliveries and producing new types of public transport.

    The XII Forum of Regions of Russia and Belarus “Youth of Belarus and Russia – Heirs of the Great Victory and the Future of the Union State” is taking place in Nizhny Novgorod on June 26-27. As part of the forum, a large package of agreements between the two countries is planned to be signed.

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

    MIL OSI Russia News –

  • MIL-OSI Russia: Financial news: Procedure for drawing up forms submitted upon request in relation to life insurance contracts related to accounting groups 18-21 in accordance with the requirements for the financial stability and solvency of insurers

    Translation. Region: Russian Federal

    Source: Central Bank of Russia (2) –

    The XBRL taxonomy of the Bank of Russia for the presentation of information on requests (version 6.1.0.6) is intended for use by insurers for the purpose of sending information to the Bank of Russia on interperiod reporting dates, i.e. reporting dates other than 31.01, 28.02, 31.03, 30.04, 31.05, 30.06, 31.07, 31.08, 30.09, 31.10, 30.11, 31.12, starting from the reporting date of 01.09.2025, according to reporting form 0420150 “General information about the insurer” (section 1 and section 7), reporting form 0420154 “Report on the assets and liabilities of the insurer” (sections 1-10) and reporting form 0420156 “Report on the solvency of the insurance company” organizations” (all sections).

    The procedure for compiling and submitting information on the above-mentioned reporting forms is established by Bank of Russia Instruction No. 6805-U dated 15.07.2024 “On the forms, deadlines and procedure for compiling and submitting reports of insurers to the Bank of Russia, on the procedure for insurers to notify the Bank of Russia of information on persons entrusted with identifying, simplifying identification, updating information on clients, client representatives, beneficiaries and beneficial owners, on the procedure for insurers to notify the Bank of Russia of information on the publication of the annual accounting (financial) statements of the insurer, as well as on the procedure and deadlines for insurers to submit information and documents to the Bank of Russia regarding their branches, representative offices and other separate divisions.”

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

    MIL OSI Russia News –

  • MIL-OSI Security: Conditions imposed as part of protest policing plan

    Source: United Kingdom London Metropolitan Police

    The Met has released the details of its policing plan ahead of another busy weekend in London.

    Officers will be deployed across the city to respond to incidents and keep the public safe. In particular, there will be a significant police presence in the Westminster area on Saturday ahead of two planned protests, the details of which are outlined below.

    We have used our powers under the Public Order Act to impose conditions on a number of events in order to prevent serious disruption to the life of the wider community.

    Conditions have been imposed on a protest organised by the International Jewish Anti-Zionist Network (IJAN) due to take place on Friday evening.

    For many months since October 2023, the protest took place on a weekly basis in Swiss Cottage. Recognising the impact of cumulative protest at a time when fear and concern among many in London’s Jewish communities was heightened, a decision was taken to review the extent to which the weekly protests were causing serious disruption.

    As a result of that review, conditions were imposed preventing anyone involved in the IJAN protest assembling in the area shown on the map below. Those conditions are in force this evening (Friday 27 June).

    Conditions have also been imposed on a protest organised under the banner ‘For the Children’ that is due to take place on Saturday afternoon.

    Anyone participating in the protest must remain in the shaded area on the map below until the procession commences.

    Anyone participating in the ‘For the Children’ procession must remain on the approved route shown on the map below which goes from Russell Square to Whitehall, via Southampton Row, Kingsway and the Strand.

    Anyone participating in the assembly that follows the ‘For the Children’ procession must remain in the shaded area shown on the map below.

    The stage for the assembly must be positioned in the space shown in blue.

    The assembly must conclude by 17:30hrs.

    A counter protest, organised by Stand Up To Racism, will take place at the south end of Whitehall, in Parliament Street.

    Anyone participating in the Stand Up To Racism protest must remain in the shaded area on the map below.

    The stage must be positioned in the space marked in dark blue.

    The assembly must conclude by 15;00hrs.

    MIL Security OSI –

  • MIL-OSI Security: Conditions imposed as part of protest policing plan

    Source: United Kingdom London Metropolitan Police

    The Met has released the details of its policing plan ahead of another busy weekend in London.

    Officers will be deployed across the city to respond to incidents and keep the public safe. In particular, there will be a significant police presence in the Westminster area on Saturday ahead of two planned protests, the details of which are outlined below.

    We have used our powers under the Public Order Act to impose conditions on a number of events in order to prevent serious disruption to the life of the wider community.

    Conditions have been imposed on a protest organised by the International Jewish Anti-Zionist Network (IJAN) due to take place on Friday evening.

    For many months since October 2023, the protest took place on a weekly basis in Swiss Cottage. Recognising the impact of cumulative protest at a time when fear and concern among many in London’s Jewish communities was heightened, a decision was taken to review the extent to which the weekly protests were causing serious disruption.

    As a result of that review, conditions were imposed preventing anyone involved in the IJAN protest assembling in the area shown on the map below. Those conditions are in force this evening (Friday 27 June).

    Conditions have also been imposed on a protest organised under the banner ‘For the Children’ that is due to take place on Saturday afternoon.

    Anyone participating in the protest must remain in the shaded area on the map below until the procession commences.

    Anyone participating in the ‘For the Children’ procession must remain on the approved route shown on the map below which goes from Russell Square to Whitehall, via Southampton Row, Kingsway and the Strand.

    Anyone participating in the assembly that follows the ‘For the Children’ procession must remain in the shaded area shown on the map below.

    The stage for the assembly must be positioned in the space shown in blue.

    The assembly must conclude by 17:30hrs.

    A counter protest, organised by Stand Up To Racism, will take place at the south end of Whitehall, in Parliament Street.

    Anyone participating in the Stand Up To Racism protest must remain in the shaded area on the map below.

    The stage must be positioned in the space marked in dark blue.

    The assembly must conclude by 15;00hrs.

    MIL Security OSI –

  • MIL-OSI Security: Conditions imposed as part of protest policing plan

    Source: United Kingdom London Metropolitan Police

    The Met has released the details of its policing plan ahead of another busy weekend in London.

    Officers will be deployed across the city to respond to incidents and keep the public safe. In particular, there will be a significant police presence in the Westminster area on Saturday ahead of two planned protests, the details of which are outlined below.

    We have used our powers under the Public Order Act to impose conditions on a number of events in order to prevent serious disruption to the life of the wider community.

    Conditions have been imposed on a protest organised by the International Jewish Anti-Zionist Network (IJAN) due to take place on Friday evening.

    For many months since October 2023, the protest took place on a weekly basis in Swiss Cottage. Recognising the impact of cumulative protest at a time when fear and concern among many in London’s Jewish communities was heightened, a decision was taken to review the extent to which the weekly protests were causing serious disruption.

    As a result of that review, conditions were imposed preventing anyone involved in the IJAN protest assembling in the area shown on the map below. Those conditions are in force this evening (Friday 27 June).

    Conditions have also been imposed on a protest organised under the banner ‘For the Children’ that is due to take place on Saturday afternoon.

    Anyone participating in the protest must remain in the shaded area on the map below until the procession commences.

    Anyone participating in the ‘For the Children’ procession must remain on the approved route shown on the map below which goes from Russell Square to Whitehall, via Southampton Row, Kingsway and the Strand.

    Anyone participating in the assembly that follows the ‘For the Children’ procession must remain in the shaded area shown on the map below.

    The stage for the assembly must be positioned in the space shown in blue.

    The assembly must conclude by 17:30hrs.

    A counter protest, organised by Stand Up To Racism, will take place at the south end of Whitehall, in Parliament Street.

    Anyone participating in the Stand Up To Racism protest must remain in the shaded area on the map below.

    The stage must be positioned in the space marked in dark blue.

    The assembly must conclude by 15;00hrs.

    MIL Security OSI –

  • MIL-OSI Russia: Russia produces hundreds of thousands of fiber-optic drones every month.

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    As part of a working visit to the Novgorod Region, First Deputy Prime Minister Denis Manturov, together with Acting Governor of the Region Alexander Dronov, familiarized himself with the activities of industrial enterprises in the region.

    “Our industry demonstrates sustainable growth from year to year. Thank you and the Federal Ministry of Industry and Trade for your support, all our requests find a response from your colleagues,” stressed Acting Governor of the Novgorod Region Alexander Dronov.

    The First Deputy Prime Minister visited one of the production sites of the fiber-optic drones “Prince Vandal Novgorodsky”. The drone, developed in Novgorod land, was first used in the SVO in August 2024 in the Kursk direction and is currently the most effective fpv drone in the world in terms of cost/effectiveness. During its use in the SVO zone, the KVN drone destroyed enemy equipment worth more than $2 billion. The production of fiber-optic drones in Russia is growing, and today domestic enterprises can produce hundreds of thousands of such drones per month, fully satisfying any needs of the Armed Forces.

    During a visit to JSC Special Design and Technology Bureau for Relay Technology, part of the Ruselectronics holding company of the Rostec state corporation, the First Deputy Prime Minister was presented with innovative serial products of the enterprise, as well as promising projects for the creation of modern domestic electronic components based on materials and components manufactured in Russia.

    Among the new products of SKTB RT is a line of microwave modules. The devices, which will replace American, German and French analogues, are capable of withstanding multiple impacts with acceleration up to 50g and operating at temperatures from -60 to 85 degrees Celsius. It is important to note that the use of a modern domestic electronic component base reduces the price of new microwave modules by 40-55% compared to foreign analogues.

    Another enterprise included in the working trip was the branch of the scientific and production corporation “Precision Instrument-Making Systems” in Veliky Novgorod, which is involved in the development and production of electronic modules and units for systems for measuring the parameters of space objects’ movement, hardware and software systems for providing the GLONASS global navigation system, as well as inter-satellite laser systems for exchanging broadband information.

    The First Deputy Prime Minister, in particular, was shown other products of the enterprise: serial production of microprocessor knee modules “Active-2” for people with lower limb amputations has been launched here.

    Denis Manturov visited the site of the innovative scientific and technological center “Intelligent Electronics – Valdai”, created on the instructions of President Vladimir Putin in 2021. The territory of the INTC houses the advanced engineering school of Novgorod University, the programming school from Sber “School 21”, as well as about 60 residents of the center, including companies from the fields of radio electronics, control system software, and the industrial Internet of things.

    As part of the construction of the new stage of the ISTC, which is planned to be completed in 2026, a new laboratory building for semiconductor materials science will be created. Research and development of high-performance heterostructures for the modern electronics industry based on semiconductor materials will be organized there, as well as a full cycle of production of microassemblies and microcircuits – from processing silicon substrates to casing and packaging finished products.

    “Novgorod enterprises are involved in the production of products for the implementation of special military operation tasks. As part of the diversification of production, these same enterprises are actively developing the production of civilian products, and the university where we are today works in close cooperation with them,” Denis Manturov noted, summing up the results of the working trip.

    The First Deputy Prime Minister also instructed the Ministry of Industry and Trade to study the possibility of recapitalizing the regional industrial development fund of the Novgorod region to support projects for the production of high-tech products.

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

    MIL OSI Russia News –

  • MIL-OSI United Nations: Strong Immunization Programmes ‘Foundation of Resilient Societies, Economies’, Says Secretary-General, in Remarks to Vaccine Alliance Pledging Summit

    Source: United Nations General Assembly and Security Council

    Following is the text of UN Secretary-General António Guterres’ video message to the Gavi High-level Pledging Summit, in Brussels today:

    Excellencies, distinguished guests, I thank the European Union, the Gates Foundation and Gavi, the Vaccine Alliance, for convening this crucial summit.

    Over the past 50 years, vaccines have saved over 150 million lives.  Every dollar invested yields $54 in benefits.

    Gavi and its partners are the backbone of this success. But, the work is far from done.

    Protecting 500 million more children by 2030 requires an urgent investment of at least $9 billion.

    Strong immunization programmes are our front-line defence against infectious diseases — and a foundation of resilient societies and economies.

    At a time when vaccine hesitancy and misinformation are spreading like wildfire, this investment is more crucial than ever. Especially as other support is being rolled back.

    Today, I urge leaders across all sectors to act with generosity and resolve.  Let’s invest in immunization for the health and prosperity of all.  Thank you.

    MIL OSI United Nations News –