NewzIntel.com

Category: Economics

  • MIL-OSI Economics: Under Armour YouTube ads emphasize performance, resilience, and aspirational journeys to connect with diverse athletes, reveals GlobalData

    Source: GlobalData

    Under Armour YouTube ads emphasize performance, resilience, and aspirational journeys to connect with diverse athletes, reveals GlobalData

    Posted in Business Fundamentals

    Under Armour Inc’s YouTube advertising campaigns from March to May 2025 emphasize the brand’s commitment to athletic excellence, resilience, and personal growth, targeting aspiring athletes and sports enthusiasts. They highlight the importance of hard work, teamwork, and overcoming doubt, effectively linking Under Armour’s high-performance apparel and footwear to the journey of athletes striving for greatness, reveals Global Ads Platform of GlobalData, a leading data and analytics company.

    Satya Prasad Nayak, Ads Analyst at GlobalData, comments: “Under Armour’s campaigns effectively combine inspiration with functionality, showcasing products like the HEATGEAR baselayer and high-performance basketball gear alongside authentic athlete stories. By partnering with entities like RDCWorld and highlighting talents such as Eli Ellis, Under Armour creates relatable yet aspirational narratives. The focus on resilience and team unity appeals to serious athletes and aspiring players alike, reinforcing the brand’s commitment to empowering individuals to overcome challenges and achieve goals.”

    Below are the key focus areas of Under Armour’s advertisements, revealed by GlobalData’s Global Ads Platform:

    Resilience and determination: Under Armour’s “Nothing Mad About It” basketball ad and the “Let Them Talk” campaign with RDCWorld champion resilience, inspiring athletes to defy doubters and overcome adversity. Both campaigns empower athletes to push through challenges, stay focused, and achieve success by embracing determination and perseverance in the face of obstacles.

    Dedication and hard work: The advertisement featuring Eli Ellis emphasize the importance of relentless dedication and hard work, particularly during off-season training. This message aligns with the values of athletes, who are committed to continuous improvement and striving for excellence.

    Innovation: The HEATGEAR base layer ad underscores Under Armour’s commitment to innovative apparel. By highlighting advanced features like sweat wicking and temperature regulation, the brand appeals to serious athletes, who seek apparel to enhance comfort and performance in demanding conditions.

    Team unity and pride: The advertisements featuring teams like the University of South Carolina foster unity and pride. By emphasizing these values, Under Armour aligns itself with the collaborative spirit of athletic communities, strengthening its bond with them and reinforcing shared aspirations and collective identity.

    Enhanced confidence: Under Armour gear is consistently portrayed as an essential asset for athletes striving to perform at their peak, offering improved comfort, flexibility, and support. This portrayal instills a sense of confidence in athletes, empowering them to rise above challenges and prove their capabilities through demonstrated performance.

    Nayak concludes: “By aligning its message with the core values of resilience, teamwork, and innovation, Under Armour not only strengthens its emotional connection with athletes but also reinforces its brand equity in the competitive sportswear landscape.”

    MIL OSI Economics –

  • MIL-OSI Economics: Thales invests €55 million euros to anchor next-generation resilient navigation in France

    Source: Thales Group

    Headline: Thales invests €55 million euros to anchor next-generation resilient navigation in France

    • Thales strengthens its European leadership in resilient navigation, for air, land and sea, by enhancing its Châtellerault and Valence industrial sites in France.
    • The Group will invest €55 million in order to meet growing demand for secure navigation solutions for both the civil and military sectors.
    • This industrial ramp-up will quadruple the production capacity of the Châtellerault site, while in Valence, the serial production of TopStar-M GNSS receivers and the TopShield anti-jamming solution will be launched, and a new sovereign production line for inertial micro-electromechanical systems (MEMS) will be established.

    Thales, the European leader in resilient navigation, today announces a major €55 million investment to strengthen its industrial sites in Châtellerault and Valence, France. This investment, which will be made between 2025 and 2028, will meet the growing demand for high-performance navigation solutions, both civilian and military, and will strengthen its sovereign and cutting-edge industrial base.

    A comprehensive range of solutions for resilient navigation

    In a context of increasing jamming and spoofing of GNSS (Global Navigation Satellite System) signals, Thales is deploying a complete range of resilient navigation solutions that combine precision, autonomy, and security. These technologies are essential to ensure operational continuity, whether for critical military missions or civil aviation safety.

    By integrating two technological pillars combining inertial systems and GNSS signal reception, Thales enables reliable navigation even in contested environments. Autonomous navigation capability is maintained at all times due to the high performance of the TopAxyz inertial navigation systems. Signal reception integrity is ensured by combining the encrypted, multi-constellation TopStar-M receiver with the TopShield anti-jamming solution. These innovations are supported by France’s Directorate General of Armaments (DGA) under the OMEGA (Operation for the Modernization of GNSS Equipment of the Armed Forces) programme. The performance and unique combination of these solutions make Thales the European leader in resilient navigation.

    A strengthened, sustainable, and sovereign industrial base

    At Châtellerault, the production capacity of inertial navigation systems will be increased fourfold, with a gradual ramp-up through 2028. This site, with sixty years of expertise in laser gyroscopes, and as the only European supplier equipping civil aircraft, will thus be able to meet growing demand and to provide solutions for aircraft, land vehicles, ships, and munitions.

    In Valence, mass production of TopStar-M receivers and TopShield systems will begin in 2026. A new production line dedicated to inertial MEMS sensors—a breakthrough technology combining compactness and high performance—will be created, establishing the site as the spearhead of France’s sovereign MEMS technology sector for defense. The launch of this new production line will be accelerated with the support of Tronics Microsystems for certain industrial expertise.

    A strong human and regional commitment

    More than 800 employees are currently working at the two sites, and 150 new hires are planned by 2028. These investments strengthen Thales’ regional footprint and actively contribute to positioning France at the forefront of the navigation industry.

    “Thales, a leader in resilient navigation, is reinforcing its industrial base in France, and thanks to this investment, it will have a sovereign and sustainable industrial capability, delivering the most advanced and competitive solutions to meet growing needs across both civil and military customers” said Yannick Assouad, Executive Vice-President, Avionics, Thales.

    MIL OSI Economics –

  • MIL-OSI Economics: DG Okonjo-Iweala welcomes President Luis Abinader of the Dominican Republic to the WTO

    Source: World Trade Organization

    Director-General Ngozi Okonjo-Iweala met with the President of the Dominican Republic, Luis Rodolfo Abinader Corona, on 11 June at the WTO. They discussed the Dominican Republic’s robust macroeconomic performance, acknowledging that it is the fastest growing economy in Latin America. Its success is driven by ongoing diversification and modernization, in particular through digital transformation and services trade, they emphasized. DG Okonjo-Iweala complimented the Dominican Republic on its active role at the WTO and underlined the importance of the country ratifying the WTO Agreement on Fisheries Subsidies so that it can enter into force as soon as possible.

    MIL OSI Economics –

  • MIL-OSI Economics: DDG Hill: WTO members’ engagement vital to unlocking the benefits of digital trade

    Source: World Trade Organization

    In her closing remarks, DDG Hill noted that digital technologies were powering the global economy, including international trade. Citing WTO data, she highlighted the dynamic growth of digitally delivered services exports, which in 2024 accounted for 14.5% of global exports in goods and services. She also underscored the transformative impact of digital technologies – not only speeding up trade, but also leading to the creation of entirely new categories of data-driven goods and services.

    DDG Hill said digital trade has been not only a growth engine, but also a tool of inclusion, in particular for small and women-led businesses. She pointed out in this regard that while middle-income countries increased their share of global digital services exports by 24% between 2015 and 2022, low-income economies continue to face hurdles.

    DDG Hill emphasized that in times of economic uncertainty, stability and predictability in international trade are more important than ever. She pointed to the role of longstanding WTO agreements – such as the General Agreement on Tariffs and Trade (GATT) and the General Agreement on Trade in Services (GATS) but also the Trade Facilitation Agreement or the Agreement on Trade-Related Aspects of Intellectual Property Rights – in supporting digital trade. These rules remain the cornerstone of the international trading system not only by providing basic disciplines, but also by cutting “red tape”, increasing access to digital goods and fostering innovation and technology diffusion.

    DDG Hill acknowledged that current WTO rules do not capture certain nuances of digital technologies, from cybersecurity to consumer protection and e-payments. She noted, however, that WTO members are trying to grasp these and other aspects of the digital economy through insightful discussions within the Work Programme on Electronic Commerce. DDG Hill highlighted in this regard the deep level of engagement by many members, including developing economies, in recent discussions on the opportunities and challenges posed by digital trade.

    “Finding a balance between openness and protection, innovation and integrity is the defining digital governance challenge of our time,” said DDG Hill. She cited a joint WTO–OECD study, which found that convergence towards balanced data flows with appropriate safeguards is the optimal solution that could boost global exports by 3.6% and global GDP by 1.77%. She mentioned in this context the plurilateral agreement on e-commerce is one of the tools that seek to strike such a balance. The agreement – supported by 71 WTO members – lays down rules aiming at facilitating and building trust in e-commerce, while ensuring an open digital trade environment.

    DDG Hill further noted the potential of artificial intelligence to help level the playing field for small businesses by lowering market entry barriers, simplifying compliance, and boosting efficiency. She cited the WTO Secretariat report on AI – “Trading with intelligence” – which finds that AI has the potential to benefit low- and lower middle-income countries as much as high-income counterparts in terms of export growth potential. In her view, building digital skills, infrastructure, and supportive regulatory frameworks will be key to harnessing this potential.

    Looking ahead to the 14th Ministerial Conference (MC14), which will take place in March 2026 in Yaoundé, DDG Hill acknowledged the complexity of the international trading landscape and emphasized the value of discussions on e-commerce. “A meaningful reform of the system seems to be a top priority for many members, and failing to agree on a roadmap towards such a reform would be a missed opportunity,” DDG Hill said. “It would also be a missed opportunity to neglect the most dynamic component of international trade over the past few decades”.

    DDG Hill concluded that trade and digital technologies – when aligned thoughtfully – can be a force for good. “This is why it is particularly important that the WTO remains a vital platform for dialogue, for monitoring developments, and for shaping the rules of tomorrow,” DDG Hill said.

    More information on the event can be found on the TradeExperettes’ website.

    Share

    MIL OSI Economics –

  • MIL-OSI Economics: Meet Bloomberg’s C++ Guild

    Source: Bloomberg Press Statements

    Headline: Meet Bloomberg’s C++ Guild

    C++ is at the heart of Bloomberg’s infrastructure, powering everything from low-level libraries to highly performant financial applications, analytics, and trading systems. Maintaining a best-in-class C++ environment requires a collaborative approach to knowledge sharing and continuous education, and that’s where Bloomberg’s C++ Guild comes in.

    The C++ Guild is one of 12 guilds Bloomberg has created to provide structured forums for people to share technical knowledge, tools, code, and best practices. The C++ Guild, in particular, is dedicated to strengthening Bloomberg’s use of the language and related areas such as training, ISO standardization, and application design. Guild members’ influence also extends across the industry through tech talks at key conferences and meetups, open source contributions, and through the standardization process. Through these efforts, the Guild ensures that Bloomberg remains a C++ innovator, while empowering the broader tech community to drive the language forward.

    However, the Guild isn’t just a technical forum. It’s also a catalyst for professional growth. Members gain opportunities to sharpen their expertise, learn from industry leaders, and become recognized technical experts themselves. We asked individuals from this community to share more about the C++ Guild and discuss how it has shaped each of their careers.

    First, let’s meet Aurelien Cassagnes, a Tokyo-based Team Lead in Bloomberg’s Feeds Engineering group. He started in 2015 as an intern and then served as an individual contributor (IC) for eight years before becoming a team lead in 2024.

    How did you get involved with the C++ Guild? And what is your role in the Guild?
    I knew someone else from the APAC region was involved in the C++ Guild’s API Reviews Working Group, so I decided to join that same group to keep our efforts focused.

    The API Reviews Working Group is tasked with defining best practices for the most fundamental APIs used at Bloomberg and ensuring compliance. It also brings together engineers with different skills and backgrounds to review far-reaching internal libraries or code that is used in open source projects that Bloomberg publishes. For example, before the release of BlazingMQ, a modern high-performance open source message queuing system, the C++ Guild’s API Reviews group was extensively involved in reviewing its code.

    How did you become a co-lead of a Working Group?
    My group lead and I discussed my available bandwidth to focus on this guild, while still being able to deliver for my team. I later decided to also join the Conferences Working Group in order to bring back some of the expertise in the region, as it’s quite challenging to source events locally.

    The two prior co-leads of the API Reviews Working Group were happy with the work I was doing there and they trusted me to lead the local chapter. I started some other local initiatives to grow the guild, such as making sure that our teams know what services we provide and finding opportunities for our engineers to participate in Standards Committee meetings or write C++ standards proposals. Those efforts were ultimately rewarded with being picked as a Guild Leader, which is a title I wear as proudly as Team Lead.

    We recently launched another working group locally to handle the writing of a standards proposal. All in all, having participated in multiple groups has shown me the power of building a strong network in the guild.

    What do you tell engineers about why they should get involved in the C++ Guild?
    Guilds are the perfect place to stretch your engineering muscle beyond your day-to-day tasks. You’ll work alongside world-class experts who are excited to share their skills. So if you are looking for a venue to grow as an engineer, this is a great place. The guild is not only for you to receive; we are also interested and open to see what you want to contribute. The guild is an investment, and you get tenfold the time and effort you put in.

    How has the C++ Guild community supported your career development?
    As the guild looked to expand its presence in APAC, they trusted me to lead the local chapter, and thus was positively noticed and supported by my manager. Because I was invested in finding opportunities for our engineers, I took even more initiative and nominated and sent my people to events, and this was also noticed. I have no doubt that these were some of the milestones that were considered when my managers decided to make me a team lead. It’s safe to say that I feel a whole lot more complete as an engineer thanks to being in the guild.

    Last year, you attended CppCon. Why is it important for Bloomberg engineers to attend, participate, and speak at technical conferences?
    While we are immersed in our day-to-day work, it’s easy to forget that best practices and the bar for excellence in C++ is a moving target. But the language keeps evolving. Bloomberg aims to lead this movement, and is committed to being a strong voice in the C++ Standards conversation. So we want our engineers to be engaged in the community, to learn from it, and to give back.

    This starts by fostering a culture of curiosity and openness. Question the status quo, understand where we are, and improve on it. We invest in our engineers so they have the opportunity to share what they know with the community at a conference or a local meetup, get feedback, and take their ideas to the next level. Ultimately, when an engineer presents a proposal on stage at CppCon, they will reach and influence the community at scale, so we make sure we utilize that opportunity for both our business’ and the individual’s growth.

    “Guilds are the perfect place to stretch your engineering muscle beyond your day-to-day tasks. You’ll work alongside world-class experts who are excited to share their skills. So if you are looking for a venue to grow as an engineer, this is a great place.”

    – Aurelien Cassagnes

    Elena Vorobyeva is Team Lead on the Sessions Infrastructure team, part of Platform Security. She first joined Bloomberg as a contractor on the Real-time Data team. She eventually accepted a permanent position working on application middleware, and then market data.

    Tell us about how you got involved with the C++ Guild?
    I am the Lead of the C++ Guild’s Conference Working Group. When I first joined the guild in 2019, there were several groups within the Guild that were in need of leadership. I chose to lead the Conference Working Group because national and international conferences create possibilities for community-wide professional development and education. I also enjoy sharing my own fascination with and knowledge of C++.

    What is your Working Group charged with?
    The Conference Working Group is responsible for managing conference-related activities. Each year, we recommend which conferences related to C++ that the Engineering department should sponsor. We decide which sponsorship level best aligns with Bloomberg’s objectives. We also provide support and assistance to individuals participating in these conferences, whether as first-time attendees or seasoned presenters. This ensures that our team members are well-prepared and can make the most of their conference experience.

    Why is it important for Bloomberg engineers to attend, participate in, and speak at technical conferences?
    Each year, Bloomberg participates in more than a dozen C++ conferences around the globe. We also have many engineers involved in WG21, the ISO C++ Committee that helps shape the international standard for the C++ language. Bloomberg has one of the world’s largest C++ codebases, and as that investment grows, it is important to show our commitment to this language, which leads in both performance and safety.

    Bloomberg’s engineers are widely recognized as thought leaders and experts in the field. At conferences and on committees, we also have a chance to discover insights, share perspectives and get inspiration from experts outside the company.

    Conferences are also an excellent way to show potential talent that Bloomberg is not only a financial services company, but also a leading software company. In addition to presenting our work, we get to share our unique company culture, where people can stretch professionally and contribute to the evolution of technology. People from other companies tell us that they are fascinated that every Bloomberg employee they talk to tells the same story: we love where we are, and we trust that we are appreciated.

    Our own employees come home from these conferences with a renewed appreciation for what Bloomberg offers, both professionally and as a place to work and grow. The chance to present their work to outside audiences offers people a moment to step back and understand what they have accomplished and how much that matters to the greater C++ community.

    How has the C++ Guild community supported your career development?
    The Guild community continues to introduce me to a network of talented and driven people outside of my own department. The meetups and events organized and supported by the Guild have given me the opportunity to deepen my technical knowledge in C++ and other related areas. Being involved in the Conference Working Group has allowed me to mentor colleagues across the company. I feel like I am helping to create – while also being given – a comprehensive platform for both personal and professional growth.

    What makes guilds a great way for engineers to learn new skills and develop their interests in emerging technologies?
    Guilds provide a dynamic environment to share information both throughout our company and externally as well. Interaction with a diverse array of Working Groups allows contributors to focus on many aspects of professional development. In the C++ Guild, deeply technical Working Groups collaborate to conduct in-depth exploration of current topics such as Reflection, Inter-Thread Communication, and API review, while others focus on community and organization, event planning, presentation, and project management. This variety ensures that every engineer can find a group that aligns with their own interests and career goals, and can also learn from the research and work of others. In addition, people can flexibly commit to join the Guild and participate when they have time or an interest in doing so. Everybody is welcome!

    “The meetups and events organized and supported by the Guild have given me the opportunity to deepen my technical knowledge in C++ and other related areas. Being involved in the Conference Working Group has allowed me to mentor colleagues across the company. I feel like I am helping to create – while also being given – a comprehensive platform for both personal and professional growth.”

    – Elena Vorobyeva

    Jessica Winer is a Junior Software Engineer working on Bloomberg’s Asset and Investment Management (AIM) Enterprise product. She is responsible for creating a highly configurable automated user experience for Post Trade. She joined Bloomberg three years ago.

    Tell us about how you got involved with the C++ Guild? How long were you at Bloomberg before you got involved with the community?
    When joining Bloomberg, I was particularly drawn to the company’s “Choose your own adventure” style of career development. I’ve tried to take full advantage of a wealth of opportunities offered to me to have impact across the firm. I have been able to dive into the deep end of technical projects, have gotten lost in the weeds, and climbed my way out. And I’ve been able to take projects from ideas to reality even at this early stage of my career. My Team Lead pointed me towards guilds as an avenue for exposure and technical exploration. As a new member of the C++ Guild, I have gotten to work with engineers across the company.

    What initiatives have you been actively involved in?
    I have gotten involved in a few different working groups, such as the Recommended Libraries Working Group, where I learned about weighing the qualities of different tools to solve a specific technical problem.

    As part of the Testing Working Group, I’ve learned about testing best practices across Bloomberg, and have contributed to tools to increase testing coverage. This group is particularly interesting to me, as I have been co-leading a local department working group for testing for over a year, where we have been creating a cross-department solution for Gherkin-style system tests which can be run automatically on a daily interval. Through the Guild, I realized that a lot of the questions we were deliberating in our department were already being discussed Bloomberg-wide.

    Most recently I have been working in the Conferences Working Group, learning more about the organization of conferences and Bloomberg’s involvement externally.

    Are there any conferences you have attended as a speaker or presented your work?
    My first conference through Bloomberg was CppCon 2023, which is the world’s largest C++ conference. While I enjoyed learning from brilliant minds and expanding my knowledge in formal sessions, it was truly incredible to meet members of the C++ Standards Committee, who are helping to evolve the language, as well as Bjarne Stroustrup, who created the language. These people all went out of their way to welcome us into the community. After attending CppCon, I co-created a presentation on system design with a colleague, which we presented at ACCU 2024 in Bristol, UK.

    What’s one thing you wish people knew about the Guilds?
    Guilds are meant to be a learning opportunity for those at the company. You don’t already have to be a domain expert to join. You will become part of a network of brilliant engineers and domain expertise will follow.

    In 2024, you attended CppCon. Why is it important for Bloomberg engineers to attend, participate in, and speak at technical conferences?
    Conferences are a great opportunity to meet brilliant engineers both in and outside of Bloomberg. Attending conferences gives you dedicated time to learn from others and to improve your technical skills.

    “When joining Bloomberg, I was particularly drawn to the company’s “Choose your own adventure” style of career development. I’ve tried to take full advantage of a wealth of opportunities offered to me to have impact across the firm. I have been able to dive into the deep end of technical projects, have gotten lost in the weeds, and climbed my way out. And I’ve been able to take projects from ideas to reality even at this early stage of my career.”

    – Jessica Winer

    Conor Spilsbury is a Senior Software Engineer within the Trade Automation and Execution organization, where he works on Bloomberg’s Listed Securities Execution Management System, EMSX, a real-time, high throughput, multi-asset transactional trading platform used by financial institutions around the world to manage their daily trading activity. He has worked at Bloomberg for five years, having joined as an entry-level engineer in the infrastructure team after finishing his master’s degree in mathematics. He is now working on deepening the integration between EMSX and AIM, our buy-side OMS, as part of Bloomberg’s enterprise offerings.

    How did you get involved with the C++ Guild?
    I am always looking for what more I can be doing – both in my own team and beyond. Six months after I joined Bloomberg, I read a post in one of the internal newsletters looking for help in organizing Guild activities. My managers at Bloomberg have always encouraged and supported me to participate.

    The Guild is responsible for a C++ newsletter that is regularly sent to engineers at Bloomberg. We use this to share recent updates in the C++ community, including changes to our build tools, tooling or library updates, advertising upcoming conferences that engineers can attend, internal transfer opportunities, internal talks from Bloomberg employees or special guests (e.g., the C++ Guild recently hosted Sean Baxter to talk about the Circle Compiler), and ultimately highlighting opportunities for engineers to get involved in the C++ community itself.

    The newsletter has been running for five years now and we still experiment with what we can include in it. For example, we’re also trying to do more to promote ways to contribute to “inner source” projects and have been running a “Feature of the Month” column which shares a tip about a C++ feature. The most recent newsletter included tips on C++23’s ‘std::expected’.

    How did you become co-chair?
    As the Guild has grown, we have expanded the domains that we work on, which means there are all kinds of new opportunities for engineers to get involved in. The Guild is organized into dedicated Working Groups, each of which is focused on a particular domain.

    I found myself making contributions to multiple different WGs and have led two of them; I’ve contributed to API Reviews, Communications, Membership, Recommended Libraries, Testing, and organized our presence at an internal conference called “Guild Week” over multiple years, and even delivered talks at this conference.

    One of the primary forms of responsibility for me in recent years has come from being involved in Membership and supporting new members to get involved. This has also led me to presenting talks about Guild to other internal communities at Bloomberg.

    After a few years of making increasingly larger contributions across multiple working groups, I put myself forward to be the next chair of the Guild and I was fortunate to receive a lot of support.

    What are some of the ways the C++ Guild’s members influence C++ utilization both within and outside the company ?
    One of our goals is to bring engineers across the company together to work on influencing the direction of C++ at Bloomberg and improving the development experience internally. We do this by establishing best practices and guiding principles based on community feedback and contributions.

    For example, our Tooling Working Group maintains and improves our tools for C++ development along with standardizing this tooling. They are currently working on implementing the Common Package Specification as described by our very own Bret Brown at CppCon 2023 in collaboration with KitWare.

    In addition, Bloomberg has many active contributors to new features in the C++ programming language, and we have a Working Group that coordinates our efforts with the wider international standardization working group for C++, WG21. For example, Dan Katz, our previous Guild co-chair, is a co-author on the paper that proposes to add Reflection into C++26, which will be a major milestone for the language.

    How has the C++ Guild community supported your career development?
    I’ve been able to gain a lot more technical knowledge, including expert insights, best practices, and industry trends that have helped me deepen my understanding of the language and stay up-to-date with the latest developments both internally at Bloomberg and externally in the wider community.

    Being involved in the Guild is also a unique opportunity to have company-wide impact and to gain leadership experience whilst remaining an individual contributor as opposed to going down a Team Lead or Management track. I’ve taken the lead in organizing Guild initiatives, setting direction, and mentoring others to achieve our goals. This experience has not only helped me become a more effective team player but also given me the confidence to take on new challenges in my own role. I’ve been able to bring this experience back to my team and make more meaningful contributions as a result.

    The community has also provided me with opportunities to meet and connect with engineers in other departments, which has been a great way to expand my network and learn about new areas of the company. It’s amazing how often I’ve been able to find the exact person I need to answer a question or provide guidance.

    I found this particularly useful when I was looking for a new challenge and decided to move teams internally to an entirely new domain. Thanks to the Guild, I had already established relationships with engineers who could offer valuable advice and introductions. As it turns out, the first time I met two of my current teammates in EMSX was when the three of us were attending CppCon, a C++ industry conference!

    At CppCon 2024, I gave my first talk at a conference which was a really rewarding experience. In particular, collaborating with colleagues as we went back and forth improving the talk together.

    How do you encourage employees to get involved?
    Some engineers will join the Guild with a clear idea of what they want to work on, but others may not know where to start. In either case, the most important thing is to bring enthusiasm and a curiosity to learn more. To help with this, we have a Membership Working Group that pairs each new member with an experienced Guild member to support them. It all comes down to trying out new things, volunteering to get involved in an initiative, or pitching something new and sharing ideas.

    Ultimately, the more perspectives represented by engineers in the Guild, the better. Our goal is to reach engineers across the entire company in all of our departments and at every experience level to improve their experience.

    “Being involved in the Guild is also a unique opportunity to have company-wide impact and to gain leadership experience whilst remaining an individual contributor as opposed to going down a Team Lead or Management track.”

    – Conor Spilsbury

    Check out some open roles with our engineering teams that utilize C++.

    MIL OSI Economics –

  • MIL-OSI Economics: Celebrating the Q1 2025 recipients of Bloomberg’s FOSS Fund

    Source: Bloomberg Press Statements

    Headline: Celebrating the Q1 2025 recipients of Bloomberg’s FOSS Fund

    Open source software is foundational to Bloomberg’s engineering culture. As an open source-first company with a deep commitment to philanthropy, Bloomberg believes it is imperative to strengthen the broader technology ecosystem by sustaining the projects that power its products and services.

    These principles led the firm to launch the Bloomberg Free and Open Source Software (FOSS) Contributor Fund in January 2023. The initiative is designed to empower the company’s technologists to vote on directed grants to open source projects that they use, admire, and believe in, in order to support the communities and people behind them that keep the web running.

    The FOSS Contributor Fund, led jointly by Bloomberg’s Open Source Program Office (OSPO) and Corporate Philanthropy teams, actively engages technologists across the firm in the allocation of funding to open source projects. It also provides financial support to maintain or expand projects, gives recognition to well-deserving technologies, and fosters a greater sense of ownership, responsibility, and pride within Bloomberg’s internal open source community.

    Let’s meet the Q1 2025 recipients who have been awarded Bloomberg FOSS Contributor Fund grants of $10,000 each: OpenMetadata and Wikimedia Foundation.

    OpenMetadata: OpenMetadata is an open and unified metadata platform for data discovery, observability, and governance. Since managing data across modern systems can be messy, OpenMetadata helps clean that up by providing a standard for metadata management, getting the right data to the right people, informing data lineage, and collectively managing risk and compliance. It’s helping organizations understand and trust their data, enabling teams to make better decisions, faster.

    “We are deeply honored to receive the Bloomberg FOSS Fund grant as recognition of the OpenMetadata community and validation of the amazing work our contributors are doing,” said OpenMetadata committer Sriharsha Chintalapani. “At OpenMetadata, our mission is to democratize data discovery, observability, and governance for every data team. It’s the reason why thousands of companies — from startups to Fortune 500s — rely on OpenMetadata everyday to unlock the value of their data. This grant will be put back into our community to ensure our ecosystem evolves at the pace of modern data and AI.”

    Wikimedia Foundation: Wikimedia is the nonprofit behind Wikipedia, the free online encyclopedia that anyone can edit, and a constellation of other free knowledge projects. Wikipedia is one of the world’s most visited websites and a cornerstone of open knowledge on the internet. It’s maintained by volunteers who can edit text, data, references, and images. It’s also a reminder that not all open source impact is technical – some of it is cultural and educational.

    “The Wikimedia Foundation is grateful to receive this grant from Bloomberg’s FOSS Fund. As the host of Wikipedia and other Wikimedia free knowledge projects, this funding will support the technology that makes Wikipedia possible and improvements to how people read and share knowledge on the site,” said Lisa Seitz Gruwell, Wikimedia Foundation’s Chief Advancement Officer. “This recognition from Bloomberg’s staff is testament to Wikipedia’s value as the world’s largest open source free knowledge project, made possible by a global community of nearly 260,000 volunteers committed to making trustworthy knowledge accessible to all.”

    Alyssa Wright of Bloomberg’s OSPO shares, “OpenMetadata and Wikimedia Foundation join 24 other impactful open source projects that have been recognized by the Bloomberg FOSS Contributor Fund over the past two years. This program plays a pivotal role in how Bloomberg supports open source, and my team is proud to give back to the communities that make modern software possible.”

    The FOSS Contributor Fund represents one key facet of Bloomberg’s broader, sustained commitment to supporting the open source ecosystem. Wright explains, “We do a great deal to support the open source ecosystem, empowering our engineers to be active and leading contributors, and providing support to the foundations and communities vital to open source. Corporate Philanthropy is an incredible partner in this work.”

    Francesca Romano of Bloomberg’s Corporate Philanthropy team comments, “What sets Bloomberg’s open source strategy apart is how deeply it’s shaped by our long-standing commitment to philanthropy. Charitable giving and service are central to our culture, and we apply that same spirit to open source and the critical digital infrastructure that drives innovation. Through initiatives like our FOSS Contributor Fund, we’re proud to invest in a stronger, more sustainable and impactful open source ecosystem.”

    Additional FOSS Contributor Fund recipients will be announced throughout the year, each one a reflection of the vital role open source plays in powering innovation both within Bloomberg and in the shared digital world around us.

    MIL OSI Economics –

  • MIL-OSI Economics: Bloomberg Engineers Help Brooklyn Robotics Reach FIRST Worlds

    Source: Bloomberg Press Statements

    Headline: Bloomberg Engineers Help Brooklyn Robotics Reach FIRST Worlds

    Giving back and supporting others is a cornerstone of Bloomberg’s culture — deeply embedded in how the firm works, collaborates, and shows up for communities. Whether through mentoring students, volunteering time, or rallying around causes that matter, Bloomberg employees are encouraged to use their skills and resources to uplift others.

    Read on to learn how a group of engineers came together to reinforce that spirit of generosity and turn individual contributions into collective impact.

    Engineering the Future: Bloomberg Powers the 2025 NYC FIRST Robotics Regional

    Bloomberg recently served as the lead sponsor of the 2025 FIRST Robotics Competition’s New York City Regional, hosted by NYC FIRST, where more than 50 high school teams from across the tri-state area showcased their engineering skills to help protect one of the ocean’s most diverse habitats.

    Among the competitors were 21 Bloomberg-sponsored teams, including Team 333 – The Megalodons from John Dewey High School in Brooklyn.

    The Megalodons earned a prestigious Regional Engineering Inspiration Award, securing them a coveted spot at the FIRST Championship in Houston, Texas, where they competed on the global stage. But for this school team, winning was just the beginning — the real challenge was securing the funds to make the journey to Houston a reality.

    When Competition Ends, Community Begins

    In a powerful show of solidarity, a group of Bloomberg software engineers — who spent the season mentoring teams that didn’t make it to the finals — came together to help. Engineers, including Josh Greenman, Brian Maher, Joe Pokorny, Bharath Sreenivas, and ZQ Yeo, donated their Dollars For Your Hours (DFYH) contributions to support the Megalodons’ journey to Houston. It’s a testament to the deep sense of community and compassion that defines Bloomberg’s Engineering culture.

    “Brian and I have mentored the Megalodons for six and 10 years respectively, and we’re always eager to support our team’s journey,” said Josh Greenman, FIRST Engineering Mentor. “At Bloomberg, FIRST mentors are a family — we rally behind the teams that make it to Champs, whether our own or not, to ensure every student gets to experience that inspiration. The growth we see in these students, sparked by curiosity and nurtured through mentorship, is what truly inspires us in return.”

    These efforts reflect a core value at Bloomberg: using technical skills and professional support to empower the next generation. More than 1,800 Bloomberg employees have volunteered nearly 30,000 hours with FIRST programs in New York City, New Jersey, San Francisco, and London since 2004, mentoring students, designing workshops, and supporting competitions across the U.S. and beyond.

    “Supporting programs like FIRST Robotics is how we bring Bloomberg’s values to life — combining skills, mentorship, and community to empower future leaders,” said Vanessa Luna of Bloomberg’s Corporate Philanthropy team. “Watching our engineers rally around the Megalodons is a powerful reminder of the impact we can make when we collectively invest in people and purpose.”

    At this year’s NYC Regional event, 13 Bloomberg engineers served as mentors, and 50 employees volunteered on site. Adam Wolf, Bloomberg’s Global Head of Engineering, attended with his family, witnessing firsthand the power of STEM mentorship and the community that forms around it.

    “Giving students the confidence to solve real-world problems, work as a team, and see themselves as future engineers and leaders is incredibly rewarding,” said Wolf. “I am always inspired watching our engineers mentor and support these teams, using our skills to give back and help shape what’s next.”

    From Brooklyn to Houston: A Team Effort

    For the Megalodons, reaching Houston meant more than just competing — it was a moment to represent their school, their city, and their journey. They were joined at the FIRST Championship by six other Bloomberg-sponsored teams, including:

    • Team 1796 – RoboTigers, Queens Technical High School (Long Island City, NY)
    • Team 694 – StuyPulse, Stuyvesant High School (New York City, NY)
    • Team 1880 – Warriors of East Harlem, East Harlem Tutorial Program (East Harlem, NY)
    • Team 2601 – Steel Hawks, Townsend Harris High School (Flushing, NY)
    • Team 5298 – E-Tech Chargers, Energy Tech High School (Long Island City, NY)
    • Team 8739 – Redhawk Robotics, High School for Construction Trades, Engineering & Architecture (Queens, NY)

    These students joined thousands of peers from around the world in Houston from April 17–20, 2025, where they competed in high-stakes matches, learned from others, and inspired one another through their shared passion for science, technology, engineering, and math.

    Engineering Culture in Action

    FIRST Robotics is more than a competition — it’s a launching pad for future engineers, technologists, and leaders. Bloomberg’s support spans sponsorship, mentorship, and education initiatives that open doors for students who may not otherwise have access to advanced STEM experiences.

    “Those who support FIRST Robotics do so because we share a passion to excite and grow future engineers,” said Engineering Manager Joe Pokorny. “When we have a chance to support others, like this year’s Megalodons – whether it be through time, services, or donations – we band together as one tight-knit team. Seeing these kids realize what they can achieve is such a great experience.”

    MIL OSI Economics –

  • MIL-OSI Economics: Building pathways together: Bloomberg, TIAA/Nuveen, and City Tutors invest in the next generation

    Source: Bloomberg Press Statements

    Headline: Building pathways together: Bloomberg, TIAA/Nuveen, and City Tutors invest in the next generation

    On a recent spring evening, more than 100 students, mentors, and professionals came together at Bloomberg’s Global Headquarters for a career-focused gathering hosted in partnership with TIAA/Nuveen and City Tutors. This gathering was part of Bloomberg’s Your Path, Your Future program, an initiative designed to introduce young people to careers in industries where Bloomberg has expertise — including technology, data, news, and finance — and to connect young people with experienced professionals who can help them navigate the path to success. 

    Designed with students at the center, the evening featured a dynamic panel, small-group breakout sessions, and direct networking opportunities with professionals. Participants asked thoughtful questions, shared personal stories, and gained exposure to real career journeys. Mentors left energized by the insight, determination, and readiness they saw in the room. 

    “We created Your Path, Your Future to help young people see what’s possible and to connect them with the people and experiences that can help them get there,” said Nancy Cutler, who leads Corporate Philanthropy for the Americas at Bloomberg. “Partnering with City Tutors and TIAA/Nuveen shows the power of working together around a shared purpose to scale our impact and create more pathways to success.”

    Building on years of collaboration, the evening marked Bloomberg’s first in-person event with City Tutors, a nonprofit working to expand opportunities for young people across New York City. Attendees included undergraduates, recent grads, and master’s students from across CUNY’s 25 campuses, many of whom are balancing school, work, and caregiving while pursuing their career goals.

    “Our community carries more than most—juggling school, work, caregiving, and the hopes of their families. And still, they show up with hunger, curiosity, and the drive to grow. What made this night special was that the professionals from Bloomberg and TIAA/Nuveen truly saw that. They saw themselves in our students. They responded with care, openness, and real respect. Our learners left feeling seen, and excited to imagine themselves in places like this, not as visitors, but as future colleagues,” said Garri Rivkin, Executive Director, The City Tutors.

    Since 2021, more than 160 Bloomberg employees have volunteered with City Tutors, with 68 currently serving as active mentors. This event built on that momentum and on Bloomberg’s broader efforts to expand access to careers in technology, news, and finance through mentorship and community engagement. 

    A shared investment in talent and community

    For Bloomberg and TIAA/Nuveen, this was an opportunity to connect with homegrown NYC talent. These students and young professionals brought insight, skill, and determination, and left the evening with new tools and perspectives to fuel their career journeys. The evening served as both a showcase of shared commitment and a celebration of what’s possible through partnership.

    “This meaningful partnership with Bloomberg and The City Tutors aligned perfectly with TIAA/Nuveen’s Igniting Brighter Futures initiative, which exposes high school and college students, many of whom are first-generation college students, to a range of careers in the financial services and asset management industries,” said Amy O’Brien, Global Head of Responsible Investing at Nuveen. “Through our Igniting Brighter Futures initiative, we aim to inspire and provide life skills that help prepare students for success and a pathway to and through college and into the workforce.”

    TIAA/Nuveen’s participation added to the experience, reflecting a strong partnership between the two companies and a shared commitment to supporting future leaders. Together, Bloomberg and TIAA/Nuveen created a space where the learners could ask questions, gain visibility into career paths, and begin building meaningful professional relationships.

    A night of perspective and possibility

    That spirit of possibility could be felt throughout the evening. Participants arrived prepared with questions, goals, and a hunger to learn. They left not only with answers, but also with greater confidence, clarity, and a better understanding of the steps ahead. These conversations offered insight into real career journeys and the value of building connections along the way.

    “I got a glimpse of real office culture and saw how welcoming everyone was. It wasn’t about being the most talented but about embracing new perspectives,” said Mitu Akter, Baruch College student

    Mentors also walked away with a renewed sense of purpose, inspired by the students’ energy and reminded of how impactful one conversation can be. “It was an amazing event. The panelists offered thoughtful guidance, personal stories, and practical advice that really resonated. The students were highly engaged and eager to build connections. You could feel the energy in the room—it was truly inspiring,” said Rebecca Emery, Bloomberg mentor.

    As the evening came to a close, one message stood out: Your Path, Your Future is more than a program. It was a commitment to community, to collaboration, and to the next generation of leaders. 

    MIL OSI Economics –

  • MIL-OSI Economics: Transforming fixed income data management with AI and human expertise

    Source: Bloomberg Press Statements

    Headline: Transforming fixed income data management with AI and human expertise

    With the increasing complexity of global finance, speed must be matched with accuracy and context.

    Recognizing this, for some use cases, Bloomberg has adopted a “human-in-the-loop” workflow in which human intelligence augments automated systems. This approach allows subject matter experts with deep domain knowledge to supervise AI-driven data extraction, ensuring that the outputs meet the high-quality standards expected by professionals working in the financial sector. 

    For Bloomberg’s fixed income data, this combination has proven particularly effective in addressing the complexities of term sheets, creating innovative solutions to ingest this data that better serve both internal teams and customers. 

    The challenging role of term sheets in fixed income 

    The corporate bond market encompasses a multitude of structures tailored to the needs of various investors, financing companies across the economy. Bloomberg plays a crucial role throughout the issuance process, providing yield calculators, risk metrics, trade ticketing, and reference data. Corporate bond data is vital for investors to make informed decisions on whether to purchase debt instruments from corporate entities. Given that there is no official centralized data source, Bloomberg serves as a key provider of this information to clients.  

    Clients are increasingly looking to electronify and automate the new issuance process to improve efficiency and reduce operational risk. As automation advances, the timeliness of data becomes even more critical, allowing investors to make faster, more informed decisions. 

    As one industry report highlights: “The top operational priority for buy-side, and many sell-side, traders in a year of record bond issuance is to streamline and electronify the primary market bond investment process.” 

    Processing the term sheets that outline the basic terms and conditions of each bond has historically been a labor-intensive task, requiring analysts to manually extract key data points. However, as the volume and complexity of financial instruments have grown, this manual approach has become unsustainable. 

    To address this challenge, Bloomberg’s Data team has developed AI-driven systems to automate the extraction of term sheet data. Machine learning models were created to recognize and extract crucial data fields, such as the bond’s term, interest rate, and yield—significantly improving the speed and efficiency of this process. 

    Historically, training these models required a substantial number of annotated term sheets due to variations in reporting formats. Experts reviewed the model outputs, ensuring annotations were precise to prevent incorrect training data from compromising the system’s effectiveness. 

    “This was a complex project,” recalls Esmie Papadimitriou, Team Leader, Fixed Income Data. “We quickly realized that we needed our best people for the annotation work. The deeper their subject matter expertise, the more efficient and effective they are. If annotations were not done well, we could have ended up with incorrect model training and months of wasted work.” 

    Addressing global market variability 

    One of the biggest challenges in automating term sheet processing is accounting for differences across global markets. Term sheets vary significantly in: 

    1. Structure – The length, delivery method, and order of information differ by region. 
    2. Language – In EMEA and APAC, term sheets are often written in local languages, requiring specialized models to interpret them accurately. 
    3. Content Interpretation – Local market conventions impact how certain terms are expressed or omitted, necessitating domain expertise to ensure accurate data extraction.

    Bloomberg’s approach to automation factors in these variations by combining machine learning outputs with business logic and market expertise. The system is designed to identify crucial details that are missing—such as the bond issuer, currency, or denominations—and apply appropriate derivations based on the specific market context.  

    “This knowledge has been gathered over decades of working with market participants and has been coded into our automation pipelines,” explains Papadimitriou. “Our pipelines make use of AI-driven content extraction while incorporating domain-specific rules to ensure accuracy.” 

    Combining AI and human expertise to drive innovation 

    While AI enables the rapid processing of large volumes of term sheets, human expertise ensures that the extracted data is accurate, complete, and contextually appropriate. Bloomberg’s domain experts collaborate closely with the firm’s AI engineers to refine models and evaluate their outputs, ensuring the solutions they are used in meet the high standards expected by clients.” 

    “Stronger foundation models have been a game-changer: instead of spending months building and training bespoke systems, we can now deliver high-quality results in weeks — as long as we invest in clear task definitions, robust evaluation datasets, and tight feedback loops,” shared Shefaet Rahman, Global Head of AI Services in Bloomberg’s AI Engineering group. “Our collaboration with the Data department has been critical in turning these into durable assets that scale across workflows, enabling faster innovation without sacrificing precision.” 

    The partnership between Bloomberg’s Fixed Income Data team and Engineering has been instrumental in driving this innovation. “We have people who understand the technology stack and how to work with Engineering,” Papadimitriou emphasizes. 

    Freeing up time while safeguarding data quality 

    This approach has transformed Bloomberg’s fixed income data management. By combining the speed of AI with human oversight, the team has improved the accuracy of its data extraction pipeline while freeing up time to expand coverage into new and emerging markets, such as the Baltics and other Eastern European regions. This allows Bloomberg to anticipate customer needs and provide traders with critical data when they need it, helping them derive insights faster.  

    Linn O’Connor, Global Head of Data Securities, highlights how analysts are now able to focus on higher-value tasks: “It just makes the job more interesting. The tasks are different, and it becomes much more project-based. People are able to do much more to an even higher standard of quality.” 

    Looking ahead 

    As Bloomberg continues refining its AI systems and enhancing its data management processes, subject matter experts remain essential in ensuring that the data provided is accurate, relevant, and aligned with clients’ needs.  

    “AI and automation are powerful tools, but it’s the people behind the technology who make the difference. By working together, we can create innovative solutions that not only meet the demands of today’s market but also prepare us for the challenges of tomorrow,” Papadimitriou notes. 

     By blending cutting-edge technology with human expertise, Bloomberg isn’t just keeping up with the data-driven financial world—it is shaping its future. 

    Interested in learning more about open roles within Bloomberg Data? Explore the opportunities.

    MIL OSI Economics –

  • MIL-OSI Economics: The case for investment in Canadian clean power

    Source: – Press Release/Statement:

    Headline: The case for investment in Canadian clean power

    Growing Canada’s clean electricity advantage means investing in our energy security. 

    By Vittoria Bellissimo, President and CEO, Canadian Renewable Energy Association

    In 2025, global capital flows to the energy sector are set to rise to USD 3.3 trillion, a two percent rise in real terms compared to 2024.

    Of that amount, around USD 2.2 trillion is going to renewables, energy storage, electrical grids, electrification and other clean energy technologies. [Source: IEA’s World Energy Investment]

    Canada can also expect, and will require, significantly increased investment in wind energy, solar energy and energy storage, as electricity demand grows from coast to coast to coast.

    Demand in the Age of Electricity

    As the International Energy Agency (IEA) stated in its 2024 World Energy Outlook, we have now entered the Age of Electricity. In Canada, and all around the world, we can expect electricity demand to grow quickly as we digitize and electrify our economies.

    Ontario, for example, is expecting to see 75% growth in electricity demand by 2050.

    For the new federal government to achieve its goal of building the strongest economy in the G7, we must build out every part of the electricity system—generation, storage, transmission, distribution, smart energy management—and do so in advance, before we fall short of the electricity we need. Canada’s clean electricity advantage will be our energy security.

    How will we get there? Largely by building new clean energy projects, like wind, solar and energy storage. These technologies are not only clean, but low-cost, reliable, flexible and scalable solutions for Canada’s urgent and long-term needs.

    Canada is open for business

    Another key driver of the big build will be Canada’s Clean Economy Investment Tax Credits (ITCs), which will help increase the pace of the clean investment we need in Canada.

    We’ve already started building. More than 18 GW of upcoming procurements are currently either underway, being procured or being planned. This represents about $34B in investment. CanREA is tracking Canada’s electricity procurements in this procurement calendar.

    Indigenous equity is propelling growth

    In Canada, Indigenous equity partners can and do directly contribute to the success of renewable energy and energy storage projects.

    Take, for example, the Oneida Energy Storage Project, a 250 MW / 1,000 MWh battery energy storage project in Haldimand County, Ontario, which achieved commercial operation on May 7, 2025. This project’s majority owner is CanREA Industry Leader member Northland Power Inc., who shares ownership with an Indigenous equity partner, CanREA Megawatt member Six Nations of the Grand River Development Corporation.

    Or consider the recent 2024 B.C. Call for Power, which resulted in ten new renewable-energy projects, each with First Nations asset ownership between 49 and 51 percent.

    These are but two examples of many, with more to come.

    We have a long way to go on Canada’s national journey of Reconciliation, but in the clean electricity sector, we are getting started on economic reconciliation.

    The federal government’s recent announcement expanding the Indigenous Loan Guarantee Program from $5B to $10B is another step in the right direction.

    Join CanREA at Clean Power Finance Canada

    Is it all tailwinds with no headwinds? Of course not. We are seeing risks to project development in Canada, including supply chain disruptions, policy and regulatory barriers, misinformation and more.

    As an industry, we’re tackling these challenges. We all benefit when we work together on solutions. And a great place to do that is at Canada’s only national conference dedicated to clean energy finance.

    Happening on June 25, 2025, in Toronto, the second annual Clean Power Finance Canada—CanREA Summit makes the case for investment in Canadian clean power projects.

    Presented by CIBC, Clean Power Finance Canada brings together the finance world (including bankers, lenders, investors, finance professionals, tax experts and insurers) andthe clean energy sector (including project developers, asset owners and managers), to learn from one another about project financing and clean power markets.

    This year’s speakers will provide insights into revenue streams and risks for clean energy projects, up-to-date information on policy directions and regulatory hurdles, updates on the new federal ITCs and financing opportunities for Indigenous clean energy projects, and much more. 

    I hope you’ll join me in Toronto! Bring your questions and ideas for a full day of learning, followed by the CanREA Connects—Ontario, our popular annual Summer Solstice networking reception.

    Pro tip: Last year’s Summit sold out, so be sure to register in advance.

    The post The case for investment in Canadian clean power appeared first on Canadian Renewable Energy Association.

    MIL OSI Economics –

  • MIL-OSI Economics: Slowing Down to Speed Up: Samsung Brings Rest to Runners in the City That Never Sleeps

    Source: Samsung

    They’re everywhere you look, trotting on the sidewalk, bounding on the trail, pacing on the treadmill.
    Runners.
    On any given day, millions of people around the world are hitting the pavement, logging miles, and pushing for personal bests. With a low barrier to entry and near universal access, it’s easy enough to get started, but for most people, making gains is not so straightforward.
    Samsung Health, together with powerful Galaxy Wearables like Galaxy Watch and Galaxy Ring offer runners of all levels an incredible set of tools to monitor progress and improve — including automatically tracking runs, keeping tabs on heart rate zones1, and evaluating their daily Energy Score2.

    Even so, one of the most overlooked aspects of improving performance has nothing to do with racking up steps: getting quality rest. Your downtime provides an important window into your overall health and directly impacts running performance. That’s why Samsung Health also features extensive sleep analysis1 to help runners understand their sleep patterns3 and build better habits. All data and insights captured on compatible Galaxy Wearables are integrated into the Samsung Health app which generates detailed reports across a range of health metrics.
    Throughout the summer, Samsung will be bringing its expertise to runners across New York City through partnerships with some of the city’s largest run clubs, collaborations with fitness creators, and race activations. The collaborations will emphasize the importance of rest and recovery, and how Samsung Health and Galaxy Wearables can play a vital role in the training and recovery process.

    Samsung is working with two of New York City’s largest run clubs — Almost Friday Run Club and Midnight Runners New York — empowering select participants with Galaxy technology to help them reach their goals and better understand the importance of rest as part of their training.
    Samsung will also be activating at select New York City races in partnership with NYCRuns, providing interactive rest stations for racers. The experience will include a hydration station and stretching area, as well as opportunities to learn about how runners can use Samsung Health’s Energy Score and sleep data insights to improve their running performance.
    The first sponsored run takes place July 13, 2025 at the NYCRuns Queens Ice Cream Social 5K. The event is open to the public, and those interested can register here.
    Stay tuned throughout the summer for more updates!
    To learn more about Samsung Health, Galaxy Watch, Galaxy Ring or how Samsung can help power your runs and catch some Z’s visit Samsung.com.

    MIL OSI Economics –

  • MIL-OSI Economics: World’s best governor Aleš Michl receives award for extraordinary effort, courage and independence

    Source: Czech National Bank

    Czech National Bank Governor Aleš Michl received the prestigious international Central Banking Award 2025 for world’s best governor at a ceremony in London on Wednesday. He was recognised for his extraordinary determination to reduce inflation and safeguard the value of money in the Czech Republic, as well as for his forward-looking and innovative approach to the issues currently shaping the global financial landscape. This is already the second major international accolade the Governor has received this year – in January, The Banker magazine, published by the Financial Times, named him Central Banker of the Year for Europe.

    Governor Aleš Michl received the award at the international Central Banking Summer Meetings, held in London on 11–12 June, with the participation of central bankers from around the world.  The conference is organised annually by the renowned Central Banking magazine.

    “I don’t see this award as mine alone. It is recognition for the entire CNB team. From the very beginning, our main goal was to bring inflation back to 2% and restore people’s confidence in the koruna. That would not have been possible without the courage to make unpopular, yet correct, decisions. That’s what central banking is about – independence, discipline and responsibility to the people who save and work,” said CNB Governor Aleš Michl.

    The jury particularly highlighted the extraordinary efforts of CNB Governor Aleš Michl in the fight against inflation. Thanks to the strategy adopted by the Bank Board under his leadership, the Czech Republic was among the first countries to bring exceptionally high inflation back to target. Inflation fell from 17.5% in July 2022 to exactly 2% in February, March and June 2024. The full-year average was 2.4% – the lowest since 2018. According to estimates, inflation is expected to remain at a similar level this year as well. Low, stable and predictable inflation is one of the prerequisites for long-term sustainable economic growth.

    However, the jury evaluated more than just price stability. It also praised the efforts of the central bank under Aleš Michl’s leadership in managing the international reserves and implementing measures to improve the efficiency of the institution’s operations. The jury also commended the CNB’s active role in the successful resolution of the insolvency of Sberbank CZ, as well as its support for the instant payment system operated by the central bank. The growing availability of fast, secure and low-cost interbank transfers supports the digital development of the economy and makes everyday life and business easier. It also reinforces the CNB’s position as a leader in the modernisation of the country’s financial infrastructure.

    Jakub Holas
    Director, CNB Communications Division

    MIL OSI Economics –

  • MIL-OSI Economics: Job Index Reveals The Toughest Jobs In The UK

    Source: Samsung

    New research finds firefighters have UK’s toughest job, with paramedics, farmers and builders also included among most gruelling roles in the country
    90% of Brits say tech that can withstand tough jobs is vital in demanding roles, with extreme environments (63%) and hazardous conditions (64%) cited as key challenges
    Our Yorkshire Farm Shepherdess, Amanda Owen partners with Samsung to demonstrate real-world resilience testing of the new Rugged device range, from mucking out to herding sheep
    The new Samsung XCover7 Pro and Tab Active5 Pro Enterprise Edition deliver military-grade durability[1], water-resistance[2], long battery life[3], and push-to-talk functionality[4] – purpose built for frontline and field-based professionals

     
    James Speakman/PA Media Assignments
     
    New research has revealed the UK’s toughest jobs – with firefighters topping the list.
     
    The poll of 2,000 Brits found paramedics, farmers and armed forces personnel were also cited as those who deserve recognition for doing of the most physically and mentally draining work.
     
    The study was commissioned by Samsung to launch their latest Rugged device range which is designed to thrive in harsh work environments and was judged according to criteria including physical demands, danger and risk, and work environment.
     
    The findings, which also identified police officers (34%), fishermen (16%) and construction workers (15%) among the UK’s toughest workers, underscored a growing demand among workers and employers for tech that can withstand harsh, high-risk environments.
     
    TOP 20 TOUGHEST JOBS
     

    Firefighter (45%)
    Paramedic (44%)
    Surgeon (44%)
    Nurse (37%)
    Police Officer (34%)
    Armed Forces Personnel (28%)
    Care Worker (22%)
    Farmer (20%)
    Teacher (20%)
    Social Worker (18%)
    Fisherman (16%)
    Construction Worker (15%)
    Agricultural Labourer (11%)
    Builder / Bricklayer (9%)
    Underground Utility Worker (9%)
    Scaffolder (6%)
    Mechanic (6%)
    Roofer (6%)
    Refuse Collector (Bin Worker) (5%)
    Train driver (5%)

     
    The research also revealed that nine in 10 Brits value devices capable of withstanding harsh conditions, citing reducing physical strain through equipment (54%), alerting workers to risks more quickly (53%) and automating repetitive tasks (45%) as ways to ease pressure.
     
    To emphasise the importance of durable technology in tough jobs, Samsung enlisted farmer and shepherdess Amanda Owen to give an insight into the realities of working life on a farm.
     
    From mucking out and herding animals, to operating machinery and navigating unpredictable weather, Amanda showcases how physically demanding farm life can be, highlighting the need for technology that can keep up with resilient workers themselves.
     
    Amanda Owen says: “Farming isn’t for the faint hearted – we’re up before dawn, battling the elements, and it takes real resilience out here. In this environment, our tech needs to be just as tough—anything that can’t handle water or a drop is a liability. We need something rugged on the outside and smart on the inside, that can keep up with the job.”
     

     
    According to respondents, 63% of people believe for a job to be ‘tough’ it must take place in an extreme environment. 58% of jobs which can be considered challenging also involve working with dangerous equipment, with a further 55% fearing dangerous people.
     
    Two thirds (62%) of Brits agree that tough jobs need more recognition in the UK saying that they play a vital role in keeping the country running (64%), often work long hours with little rest (46%) and face hazardous conditions daily (62%) as to why they deserve more recognition.
     
    The Samsung Rugged range, which includes the Galaxy XCover7 Pro and Tab Active5 Pro, is designed to take on tough, rugged environments, offering water and dust resistance[5], drop protection[6], long battery life as well as replaceable batteries, and enhanced touch sensitivity for use in the rain[7] or with gloves[8]
     
    Annika Bizon, Mobile Experience VP of Product & Marketing, Samsung UK&I says:“Tough roles demand robust support. Whether it’s maintaining connectivity in the field or ensuring mission-critical tasks aren’t interrupted, having the right tech in place is essential. The Rugged range has been engineered specifically for these environments — combining military-grade durability with the business tools workforces require.”
     
    Almost half (46%) of Brits admitted they don’t feel like they have the resilience to take on a physically demanding role, a figure that dropped to 40% among men.
     
    In contrast, 52% of women believe they have what it takes to handle roles that might require higher levels of emotional and mental capacity.
     
    When it comes to younger generations, 61% of those aged 18–24 have considered taking up physically tough roles when exploring career options. This compares with just 11% of Boomers, who prefer to steer clear of jobs they’d deem tough.
     
    Two in five (38%) agree there’s a misconception that physically demanding jobs don’t require robust technology.
     
    From construction sites and emergency callouts to remote locations and extreme weather – where phone failure simply isn’t an option – Samsung’s Rugged range is built to go the distance with those who keep the country running.
     
    Engineered for endurance, the devices offer military-grade protection, taking up to a 1.8 metre drop with the cover on[9], ready for whatever the job throws at them.
     
    The programmable hot key allows you to set up shortcuts for frequently used apps, you can transform your device into a walkie-talkie, torch, scanner, payment terminal or whatever you need it to be.
     
    But it’s not just the hardware that’s built for resilience. With the ability to set up Knox Suite[10] swiftly with QuickStart Go, teams can be up and running with business-ready devices in no time, while Samsung Knox security keeps data protected against malware or threats.
     
    And with 3-year warranty, up to 8- years of security maintenance releases and eight generations of operating system updates[11], plus next-business-day doorstep exchange[12], Rugged users get the reassurance and support they need, long after deployment.
     
    The Samsung Rugged devices are available to purchase now. For more information, visit https://www.samsung.com/uk/business/mobile/rugged/.
     
    [1]Drop test results meet MIL STD 810H standard and vary depending on particular Rugged device.​ Test scope: Altitude, Humidity, Immersion, Salt Fog, Dust, Vibration, Drop, and more. Tab Active5 Pro can take 1.8M with case on and other devices in the range can take 1.5M drop. Internally tested with Liquid Ethanol, Ethanol Cotton, Clorox  (Chlorine bleach), Medilox HCIO.
    [2]The device can be used in wet environments, but not fully submerged under water. Underwater touch is not available
    [3]Additional battery sold separately. In the case of extra replaceable batteries, only Samsung-certified products are compatible for use. Need to turn on “No Battery Mode” and use a dedicated USB Type C power source accessory (9V/2.3A ↑, PD2.0↑). Cradle and power source accessory sold separately. No Battery Mode limits device’s CPU/GPU performance and reduces maximum volume, and display brightness, when enabled. No Battery Mode available on Tab Active devices only
    [4]Additional licenses may be required. Requires Samsung D2D Service
    [5]Resistant to dust and up to 1.5 metres of fresh water for up to 30 minutes (IP68). Rinse residue/dry after wet. Not advised for beach or pool use.
    [6]Tab Active5 can take 2.8M and other devices in the range can take 1.5M drop
    [7]The device can be used in wet environments, but not fully submerged under water. Underwater touch is not available.
    [8]Touch sensitivity increases responsiveness for leather gloves thinner than 2mm or less in thickness, based on internal laboratory test results. Touch-responsiveness may vary depending on the material and thickness of gloves as well as other environmental conditions.

    [9]Drop test results meet MIL STD 810H standard and vary depending on particular Rugged device.​ Test scope: Altitude, Humidity, Immersion, Salt Fog, Dust, Vibration, Drop, and more. Tab Active5 Pro can take 1.8M with case on and other devices in the range can take 1.5M drop.
    [10]One-year free Knox Suite Enterprise Plan included with Enterprise Edition devices with purchase of subsequent years.
    [11] 8 years from first global launch for Tab Active5 Series and 7 Years from first global launch for XCover7 Series.
    [12]Doorstep Exchange with Samsung gold stock. Terms apply.

    MIL OSI Economics –

  • MIL-OSI Economics: [Editorial] Samsung Employees Play Vital Role as Solve For Tomorrow Mentors

    Source: Samsung

    The global electronics giant has decided to take a closer look at the work done by its mentors – a group of Samsung employees who have volunteered their time to support participating students in the 2025 Solve for Tomorrow competition.
     
    The Top 20 schools that were selected to attend this year’s Samsung Solve for Tomorrow – Design Thinking workshops were paired with a group of mentors who were more than ready to turn and empower participating school learners into the next generation of problem-solvers. During these workshops which took place between April 10 and May 30, the 2025 mentors were able to assist both the participating learners and their educators by ensuring that they were equipped with essential skills and tools to approach problem-solving creatively and systematically.
     
    These advisors also played a crucial role in ensuring that the workshops fostered critical thinking, design thinking practices, teamwork and the ability for the learners to develop human-centred solutions. During these workshops, the mentors were able to offer support through Question & Answer (Q&A) sessions, video calls and other forms of communication. And when the work of these mentors was analysed – looking at how they contributed in empowering learners from different schools to transform ideas into tangible solutions that address real-world challenges – ultimately leading to positive change in their communities – this is how the whole process penned out:
     
    Zanele Sobuswa who was assigned to mentor learners form Mthiyaqhwa High School, in Kwa-Zulu Natal expressed just how  excited she was to be part of the group of mentors this year as well. Last year, Zanele mentored Mbilwi Secondary School learners that hailed from Limpopo into a second place win. She is convinced that she can also help this year’s KZN-based school to not only move into the Top 10, but also to be part of the Top 3 winners for 2025.
     

     
    This year, Zanele acted as a support structure – guiding learners of Mthiyaqhwa High School through the competition process and provided them with guidance in areas of problem-solving, research and prototyping. As a committed advisor who contributed to the development of learners last year as well – Zanele has once again helped to develop these incredible learner’s skills in STEM and encouraged their creative thinking capacity.
     
    Another dynamic Samsung employee who returned as a volunteer this year is Rose Legodi. Rose is a very passionate marketing professional at Samsung – she possesses a curious nature, which allows her to approach life with imagination, creativity and an open mind. She was yet again more than willing to share her expertise, experience and guidance with the learners from two Bloemfontein-based schools: Lenakeng Technical and Lereng Secondary Schools.
     

     
    In addition, Rose played a critical role in guiding learners from the two schools through the competition process and this included brainstorming and research – in preparation for the prototype development stage. She was also able to assist this year’s learners and their educators to not only identify a challenge, but to also come up with a solution that will help address a genuine and pressing issue within their community related to infrastructure and safety, using technology. Like all the other advisors, she also ensured that the ideas for their solutions were based on the 2025 theme: “Infrastructure and Safety”.
     
    Sizwe Mahlobo, another dedicated volunteer was assigned to a Limpopo based school – Thengwe Secondary. Sizwe has played a pivotal role in keeping his students focused and on track throughout the competition. He has successfully provided guidance and support to the learners, helping them to understand the competition’s requirements and develop their solutions. Importantly, during the workshops – Sizwe was able to help both the learners and teachers of Thengwe Secondary School with planning, learning and developing their solution – using the design thinking process.
     

     
    As a mentor and advisor, he has also managed to offer STEM expertise and experience, checking the learners’ ideas and helping them refine their solutions. Sizwe has successfully provided guidance and support to the learners as they are in the process of developing their projects and prototypes – helping them to refine their ideas even further, while improving their problem-solving skills.
     
    With the help of the Samsung mentors – one of the most significant and consistent takeaways from this year’s workshops is how the learners were able to effortlessly exercise their critical thinking skills. They have now been able to add to their STEM proficiency and are prepared for the rigors of higher education. Another critical observation is the growth in the learners confidence – allowing them to take on leadership roles, collaborate with their peers and successfully prepare to build their fully realised projects from idea to execution.
     

    MIL OSI Economics –

  • MIL-OSI Economics: [Editorial: Youth Month Testimonials] Samsung Education-Focused CSR Programmes Making A Positive Difference in the Lives of South African Youth

    Source: Samsung

    Samsung’s education-focused, corporate social responsibility (CSR) programmes strive to promote innovation and empower youth through technology; with the ultimate aim of addressing societal issues.
     
    These programmes offer support to underprivileged youth and aim to cultivate creative thinking while also providing critical skills training needed by the local economy. By doing so, Samsung is creating opportunities for young people to make a positive impact on their communities and society. Samsung spoke to some of the beneficiaries from its education-focused initiatives that are driven through technology and this is what they had to say:
     
    Siyabonga ‘Siya” Mojalefa Tshabalala originally from Qwaqwa in the Free State was part of the 2022 Samsung Innovation Campus (SIC) programme in partnership with Central University of Technology (CUT). SIC is a global initiative that upskills youth aged 18-25 in future technologies to enhance their employability while focusing on AI, IoT, Big Data and Coding. Siya explained: “ Through this SIC programme – I gained hands-on experience through paper coding, peer programming and projects and these skills have helped me to solve real-world problems. The programme also taught me some important soft skills that are required in work environments, these included communication, critical thinking, problem solving skills and ability to collaborate with others.”
     

     
    Another beneficiary, 26 year old Mulalo Ndou, did her undergrad in Mathematical Science and majored in Mathematics and Mathematical Statistics at the University of Johannesburg (UJ). She also completed her honours in Risk Analysis (Cum-laude) at the University of the Free State (UFS).
     
    According to Mulalo, Samsung’s bursary fund was her light at the end of the tunnel. Mulalo received funding from Samsung when she needed it to complete her last year of studies. “I lost the funding I had for my studies in my final year and had to go back home, but Samsung came through for me, she said. “This bursary fund paid for my annual fees and accommodation in my final year and postgraduate studies. It also provided me with a monthly meal and living stipend as well as an allowance for a laptop.”
     

     
    After Mulalo finished her postgrad, Samsung provided her with an internship opportunity. “When the internship period was over, Samsung gave me a full-time position as a Process Improvement Data Analyst/Reporting Specialist am very grateful to the individuals at Samsung who helped me to be successful in my role,” she added. In an effort to pay it forward, Mulalo also works as a volunteer at Rising Females in STEM, as she is also a Rising Female in Technology and Mathematics.
     
    Mulalo said that she has always wanted to be one of the mentors in the Samsung Solve For Tomorrow (SFT) programme. “This SFT opportunity came at the right time and has been an amazing experience. I am learning something new each day from the participating learners and most importantly, how to become a great mentor.”
     
    Nzumbululo Todani, an 18 year old learner from Mbilwi Secondary in Thohoyandou, Limpopo. Nzumbululo is one of the beneficiaries from the SFT contest that challenges students to use STEM (Science, Technology, Engineering and Math) skills to solve real-world problems in their respective, local communities. His participation in the SFT competition has proved to be invaluable – he attributes his academic achievements in 2024 to his experience in the programme. Nzumbululo was awarded the top learner in the province for the 2024 NSC examinations with an average aggregate of 97%. Also, he was awarded for obtaining 300/300 in two gateway subjects: Physical Science and Geography.
     

     
    “When I participated in the contest, I assumed the role of team co-ordinator, managing and planning the daily landscape of the project and doing quality control on the prototype as well as all papers written and the final presentation. The competition left me with invaluable communication, leadership, planning, evaluation and time management skills.”
     
    Thoriso Rangata is a 32 year male entrepreneur and the owner of KTO Digital – a Business Process Automation, Software Development Services and Background Screening Software as a Service (SaaS) solution provider. He currently stays in Johannesburg but is originally from Limpopo and is one of the beneficiaries of the Samsung EEIP Entrepreneurship Development Programme. Thoriso became part of the programme when he responded to a public call for applications. At the time, his business needed support so that they could meet the company’s growth objectives.”

    Since being part of the EEIP programme, Thoriso won the Nedbank Business of the Year Award in 2022. His company also launched their own product and received accreditation for the business as a credit bureau in 2022.
     
    “The other direct benefits that we received from being part of the programme included: Grant Funding, Asset Financing and Continuous Business Mentorship that our business needed in order for us to move forward, Thoriso added. “We strongly believe that the skills we acquired from this EEIP programme, which included Business regulatory governance structures and strategic business growth approaches/methods – have contributed to the success of our business to date.”
     
    Through these education-focused CSR programmes that are driven by technology, Samsung is actively promoting the transfer of critical skills as well as both employment and entrepreneurship opportunities that are needed by the country’s youth and the local economy.
     
    The testimonials from the youth that participated in Samsung’s programmes mentioned above, are a clear indication of the impact the company is making in South Africa. By continuing to fund such programmes, Samsung is working towards winning the fight against youth unemployment, inequality and poverty in the country;  through job creation and the development of a skilled workforce.

    MIL OSI Economics –

  • MIL-OSI Economics: Samsung Successfully Wraps Up 2025 “Solve For Tomorrow” Design Thinking Workshops with Top 20 of SA’s Brilliant, Young Minds

    Source: Samsung

    Samsung has officially wrapped up the 2025 “Solve for Tomorrow” Design Thinking Workshops in South Africa, which took place between 10 April and 30 May, with some of the country’s brightest and talented young minds.
     
    These Design Thinking Workshops were part of Phase 2 of the competition – where the top 20 schools were invited to collaborate and develop paper prototypes of their solutions. This phase has offered learners from various schools in the country, an opportunity to experience hands-on collaborative guidance from Samsung’s mentors who helped them to tackle the next phase of their prototype developments.
     
    Themed: “Infrastructure and Safety” – the Design Thinking workshops in the Samsung Solve for Tomorrow contest are designed to equip learners with the skills to transform their ideas into workable solutions, particularly those addressing community challenges. The recent workshops focused on critical thinking, human-centred problem-solving and collaborative design.
     
    According to Lefa Makgato, Corporate Social Responsibility Manager for Samsung Electronics in Southern Africa: “It was amazing to see how well the school learners and their educators that participated in this year’s Design Thinking Workshops responded to their assigned mentors and the experience as a whole. Both the learners and their educators found this experience engaging and beneficial for their learning and design processes.”
     

     
    “As Samsung, we believe that the activities that these learners engaged in during the workshops are meeting the overall objectives of the Solve for Tomorrow competition. This contest has, from the onset, been seeking to foster collaboration among the learners, educators and their mentors as well as to develop their skills and promote a growth mindset. Importantly, this experience has now encouraged independent learning, challenged the learners’ perspectives and allowed their mentors the opportunity to provide them with valuable feedback.”
     
    Some of the aspects of the Design Thinking workshops included the following:

    Skills Development: Learners have gained valuable skills in translating their ideas into practical solutions that can solve their respective communities’ problems.
    Human-Centred Design: The workshops emphasised understanding user needs and created solutions that can address real-world challenges.
    Cognitive & Structured Processes: Participants have now learnt structured processes for creative problem-solving.
    Collaboration & Communication: The workshops have fostered teamwork and improved the learner’s communication skills, which are essential for successful project development.
    Prototype Development: These workshops have now successfully prepared learners for the next phase of the competition, where they will develop and present their prototypes.
    Inspiration & Motivation: The workshops are designed to foster a mindset of innovation and problem-solving, encouraging learners to “think, speak and act like designers.
    Support for Teachers: The workshops have also gone an extra mile as they have benefitted the teachers as well. This platform and the mentors have provided the tools and guidance for the educators to support their learners in the next, prototype development phase.

     
    And furthermore, with the help of Samsung mentors – the workshops have cultivated a mindset of innovation and great problem-solving skills. The Samsung team is convinced that the solutions developed by the brilliant learners in conjunction with their educators during this year’s workshops – have the potential to make a real difference in their respective communities.
     
    Makgato added: “We are pleased with the impact and outcomes of this year’s Design Thinking Workshops. And, we are certain that these workshops have achieved the objective of enhancing the learners’ ability to identify, analyse and solve problems creatively and effectively. 
     
    “As Samsung, we remain committed to using programmes such as the Solve for Tomorrow to bridge the country’s resource gap in STEM education. We believe that by fostering innovation and social impact through technology, we also inspire learners to use their skills to improve their respective communities,” she concluded.
     

    MIL OSI Economics –

  • MIL-OSI Economics: ICC arbitration tops global survey

    Source: International Chamber of Commerce

    Headline: ICC arbitration tops global survey

    Conducted by Queen Mary University in partnership with White & Case, the 2025 International Arbitration Survey results state: 

    “The ICC Arbitration Rules are highly regarded, with many interviewees highlighting their established reputation and ease of use for arbitrators and counsel, as well as the support of the Secretariat.” 

    The survey revealed a strong preference among arbitration communities on every continent for the ICC Arbitration Rules, from a choice of more than 60 sets of rules. The ICC Rules took top position in Africa (53%), the Caribbean and Latin America (74%), Europe (60%), the Middle East (59%) and North America (55%), underlining the global character and adaptability of the regulations.  

    In 2024, 831 new cases were filed under the ICC Arbitration Rules, with a total of 2,392 parties from 136 jurisdictions.  

    Claudia Salomon, President of the ICC International Court of Arbitration, said: 

    “We’re delighted that the ICC Court again tops the list of the Queen Mary Study as the most-preferred arbitral institution globally. Our services are built on over 100 years of experience, combined with our continued focus on meeting the evolving needs of the parties. We take this opportunity to thank those who entrust the resolution of their disputes to ICC. Our ranking would not be possible without the exemplary leadership and dedication of the ICC Court members and the Secretariat”. 

    The 2025 International Arbitration Survey investigates current trends in user preferences and perceptions, as well as opportunities to shape the future of international arbitration practice. The 2025 edition is the result of 2,402 questionnaire responses and 117 interviews with a diverse pool of participants. 

    Full survey findings are available on the Queen Mary University London website

    MIL OSI Economics –

  • MIL-OSI Economics: Joint Summary of the Visit by H.E. Dr. Kao Kim Hourn, Secretary-General of ASEAN, to the Kingdom of Norway

    Source: ASEAN – Association of SouthEast Asian Nations

    At the invitation of the Government of Norway and on the occasion of the 10th anniversary of ASEAN-Norway Sectoral Dialogue Partnership, H.E. Dr. Kao Kim Hourn, Secretary-General of ASEAN, undertook a working visit to Norway, from 9 to 12 June 2025.
     
    The visit underscored the growing and multifaceted cooperation between ASEAN and Norway since the formalisation of the Sectoral Dialogue Partnership in 2015. It also reflected both sides’ shared commitment to further strengthening cooperation on sustainable ocean management and green transition, trade and investments, as well as on peace and conflict management and human rights.
     
    While in Oslo, the Secretary-General paid a courtesy call on H.E. Jonas Gahr Støre, Prime Minister of Norway. He also held meetings with H.E. Espen Barth Eide, Minister of Foreign Affairs, and with H.E. Cecilie Myrseth, Minister of Trade and Industry. The discussions touched on the deepening of ASEAN-Norway relations, trade and investment, blue economy, regional and global developments, and the importance of ASEAN as a regional consensus builder and a stabilising role in the Indo-Pacific region. The Meetings also emphasised the importance of upholding and strengthening ASEAN Centrality, rules-based international order and the importance of practical cooperation pursued through the ASEAN Outlook on the Indo-Pacific (AOIP).
     
    The Secretary-General also engaged with the ASEAN Inter-Parliamentary Assembly (AIPA) delegation at the Norwegian Parliament, took part in a roundtable discussion at the Norwegian Institute of International Affairs (NUPI), delivered a lecture at the Centre of Geopolitics, and participated in Oslo Forum where he exchanged views with a range of stakeholders on peace, diplomacy, and regional security issues. The Secretary-General and his delegation also visited Bergen where he engaged with Norwegian businesses and institutions related to sustainable ocean management, circular economy and smart cities.
     
    The visit demonstrated the scope and depth of ASEAN-Norway relations over the past decade and reaffirmed both sides’ mutual commitment to further strengthening the partnership. Both sides look forward to the finalisation of the ASEAN-Norway Practical Cooperation Areas (2026-2030) that is ambitious yet practical and implementable, which will serve as a framework for tangible cooperation in the years ahead.
    The post Joint Summary of the Visit by H.E. Dr. Kao Kim Hourn, Secretary-General of ASEAN, to the Kingdom of Norway appeared first on ASEAN Main Portal.

    MIL OSI Economics –

  • MIL-OSI Economics: IMCA launches IMCA Awards 2025 celebrating innovation and impact in marine contracting

    Source: International Marine Contractors Association – IMCA

    Headline: IMCA launches IMCA Awards 2025 celebrating innovation and impact in marine contracting

    This year’s IMCA Awards are now open for entries, with new categories celebrating outstanding achievement in Innovation and Technology, and People Development, as well as a new Rising Star award to recognise the next generation of talented marine contractors.

    The marine contracting industry’s premier awards – sponsored this year by global marine contractor McDermott International and diving contractor Unidive Subsea – return in 2025 to showcase innovative and impactful projects led by IMCA Members.

    Last year’s three award categories, Health and Safety Project of the Year, Environmental Sustainability Project of the Year, and the Greenhouse Gas Reduction Project of the Year, which recognises progress in reducing greenhouse gas emissions – all return in 2025.

    The winners will be announced at IMCA’s Global Summit Gala Dinner, which will take place on 26 November in Kuala Lumpur, Malaysia, on the middle night of IMCA’s two-day flagship event. Global Summit tickets, which include entry to the Gala Dinner, are available at a reduced rate until 30 June – find out more here.

    Jim Cullen, Technical Director, IMCA said: “We’re excited to share the return of the IMCA Awards, which are a great opportunity to celebrate outstanding achievement, promote innovative projects and approaches, and champion best-practice from across our membership.

    “AI and new technology are rapidly changing our industry and creating the need for new skills and training, so it is only right that our Members’ work in response to these opportunities is celebrated through new awards for technological innovation and people development. We also want to celebrate the next generation of talented early-career professionals that are coming through the ranks.

    “I would like to offer my thanks to McDermott International and Unidive Subsea for becoming our first IMCA Award sponsors.” 

    The awards are open to IMCA Members only. A judging panel, made up of selected Committee members, IMCA Secretariat leads, Committee Chairs, and IMCA Global Summit sponsors, will review the entries in a formal and independent scoring process. Shortlisted companies will be announced in the Autumn. The deadline for entries is Monday 1 September 2025. 

    Find out more about the judging process and criteria, and enter IMCA Awards 2025, here.

    For the first time, sponsorship opportunities are available to sponsor individual awards. To find out more about sponsorship and exhibition opportunities at the IMCA Awards and IMCA Global Summit, please contact events@imca-int.com.

    The full list of IMCA Awards can be seen below:

    • Health and Safety Project of the Year – Recognising excellence in health and safety performance.
    • Greenhouse Gas Reduction Project of the Year – Promoting success in reducing operational and value chain emissions.
    • Environmental Sustainability Project of the Year – Highlighting projects designed to support environmental sustainability in offshore or marine environments.
    • People Development Project of the Year – Recognising people-focussed initiatives including skills and training, diversity initiatives, and projects to attract new talent to the sector.
    • Innovation and Technology Project of the Year – Rewarding advancements in digital transformation, AI, and technological innovation.
    • Rising Star Award – Celebrating the achievements of an early-career professional with fewer than five years’ experience in the marine contracting industry.

    Discover last year’s winning entries, submitted by DeepOcean, Subsea7 and the National Oceanography Centre, and Solstad Offshore, here.

    MIL OSI Economics –

  • MIL-OSI Economics: IMCA to access climate action best practice through membership of cross-sector business network

    Source: International Marine Contractors Association – IMCA

    Headline: IMCA to access climate action best practice through membership of cross-sector business network

    IMCA has officially joined the Climate Action for Associations (CAFA) Collective, a leading not-for-profit initiative dedicated to accelerating climate action across industries and professions.

    CAFA membership will enable IMCA to access best practice case studies and resources from other business sectors to better support Members’ work to minimise their environmental impact and transition to a low-carbon and climate resilient economy.

    Mary Ntamark, IMCA’s Technical Adviser for Environmental Sustainability, said: “We are delighted to join CAFA. This partnership enables us to collaborate with a powerful network of membership organisations, access tailored resources, and participate in peer-to-peer learning and working groups focused on climate action and resilience. Working with other business sectors, we can make a meaningful impact and bring important insights to our work with IMCA Members.”

    IMCA’s Greenhouse Gas Committee and Environmental Sustainability Committees are engaged in numerous projects in support of Members’ work to enhance the sustainability of their operations, such as reducing greenhouse gas emissions from vessels, implementing circular economy principles in supply chains, and projects to support marine biodiversity.

    For further information, please contact mary.ntamark@imca-int.com.

    MIL OSI Economics –

  • MIL-OSI Economics: IMCA announces results of South America Committee elections

    Source: International Marine Contractors Association – IMCA

    Headline: IMCA announces results of South America Committee elections

    IMCA has welcomed four new industry experts including a representative from Marinha do Brasil – the Brazilian Navy – to its South America Committee following elections among IMCA Members.

    The successful candidates, who were all nominated and voted for by IMCA Members from across the region, are:

    Fugro’s John Chatten and Daniel Marins from Subsea7 were re-elected for a third two-year session, as Committee Chair and Vice Chair, respectively, alongside Renata Cortês and Patricia Gomes from Companhia Brasileira de Offshore – Grupo CBO, Cicero Ricardo Batista Lopes from Posidonia Shipping and Trading, Nelsiane Carrara from TechnipFMC, and Michel Teicher from SISTAC Sistemas de Acesso SA.

    The South America Committee supports the development of our industry across the region, promoting IMCA’s campaigns to improve safety and sustainability among key stakeholders, and regularly bringing local Members together to share their insights and experiences. Recent in-person meetings have taken place in Rio de Janeiro, Brazil.

    The Committee works in partnership with energy company Petrobras, and Marinha do Brasil.

    For further information, contact jennifer.evans@imca-int.com.

    MIL OSI Economics –

  • MIL-OSI Economics: Joint Summary of the Visit by H

    Source: ASEAN

    At the invitation of the Government of Norway and on the occasion of the 10th anniversary of ASEAN-Norway Sectoral Dialogue Partnership, H.E. Dr. Kao Kim Hourn, Secretary-General of ASEAN, undertook a working visit to Norway, from 9 to 12 June 2025.
     
    The visit underscored the growing and multifaceted cooperation between ASEAN and Norway since the formalisation of the Sectoral Dialogue Partnership in 2015. It also reflected both sides’ shared commitment to further strengthening cooperation on sustainable ocean management and green transition, trade and investments, as well as on peace and conflict management and human rights.
     
    While in Oslo, the Secretary-General paid a courtesy call on H.E. Jonas Gahr Støre, Prime Minister of Norway. He also held meetings with H.E. Espen Barth Eide, Minister of Foreign Affairs, and with H.E. Cecilie Myrseth, Minister of Trade and Industry. The discussions touched on the deepening of ASEAN-Norway relations, trade and investment, blue economy, regional and global developments, and the importance of ASEAN as a regional consensus builder and a stabilising role in the Indo-Pacific region. The Meetings also emphasised the importance of upholding and strengthening ASEAN Centrality, rules-based international order and the importance of practical cooperation pursued through the ASEAN Outlook on the Indo-Pacific (AOIP).
     
    The Secretary-General also engaged with the ASEAN Inter-Parliamentary Assembly (AIPA) delegation at the Norwegian Parliament, took part in a roundtable discussion at the Norwegian Institute of International Affairs (NUPI), delivered a lecture at the Centre of Geopolitics, and participated in Oslo Forum where he exchanged views with a range of stakeholders on peace, diplomacy, and regional security issues. The Secretary-General and his delegation also visited Bergen where he engaged with Norwegian businesses and institutions related to sustainable ocean management, circular economy and smart cities.
     
    The visit demonstrated the scope and depth of ASEAN-Norway relations over the past decade and reaffirmed both sides’ mutual commitment to further strengthening the partnership. Both sides look forward to the finalisation of the ASEAN-Norway Practical Cooperation Areas (2026-2030) that is ambitious yet practical and implementable, which will serve as a framework for tangible cooperation in the years ahead.
    The post Joint Summary of the Visit by H.E. Dr. Kao Kim Hourn, Secretary-General of ASEAN, to the Kingdom of Norway appeared first on ASEAN Main Portal.

    MIL OSI Economics –

  • MIL-OSI Economics: Secretary-General of ASEAN visits the BIR AS in Bergen, Norway

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, visited the BIR AS, one of Norway’s largest waste management companies located in Bergen, Norway, on 12 June 2025. The visit highlighted the importance of strengthening cooperation between ASEAN and Norway on innovative waste management solutions, where Norway has been a major player in the waste management sector.

    The post Secretary-General of ASEAN visits the BIR AS in Bergen, Norway appeared first on ASEAN Main Portal.

    MIL OSI Economics –

  • MIL-OSI Economics: Thales ranked No.1 most attractive employer among engineering students in France in 2025

    Source: Thales Group

    Headline: Thales ranked No.1 most attractive employer among engineering students in France in 2025

    Thales has secured the top spot in the 2025 ranking of the most attractive employers for engineering students in France, in a survey conducted by the Universum research institute. The survey covered 23,376 students, including 11,556 from engineering schools. Thales also ranked 4th among IT students.

    Students notably praised the Group’s capacity for innovation and the wide range of career development opportunities it offers.
    ​As a global leader in high technology across Defence, Aerospace, Cybersecurity and Digital Identity, Thales provides the opportunity to work in critical environments involving artificial intelligence, quantum technologies or cloud computing. The company offers a very broad array of career paths, backed by a strong industrial and academic presence across 68 countries. For the past three years, Thales has also invested heavily in a global upskilling initiative called the “Learning Company” programme, delivered by 2,000 in-house trainers. It brings together 13 Domain Academies (Radar, Radio, Naval, Tubes, Pyrotechnics…) and 19 Functional Academies (Engineering, Industry, HR, Finance, Communications…).

    The preference expressed by young engineering students for Thales also reflects the Group’s efforts to reach out to younger generations. Last year, Thales engaged with over 150,000 young people through 600 events. In 2025, in France alone, the Group expects to welcome more than 3,000 interns and apprentices in higher education, with around 25% going on to secure permanent or fixed-term roles. Nearly 1,500 students in Year 10 and Year 11 will also be welcomed for short-term work experience across around 40 Thales sites in mainland France, helping to spark interest in science and technology careers.

    “Attracting engineers – and diverse talent more broadly – to Thales is essential to staying at the forefront of innovation. We firmly believe that mathematics and science are key to understanding the world around us and tackling society’s greatest challenges. Joining Thales means continuing to learn throughout your career and helping to address the major societal challenges we are working on through our activities.”
    ​    Patrice Caine, Chairman & CEO of Thales

    Interested candidates can learn more and apply online at
    ​    https://careers.thalesgroup.com/global/en

    MIL OSI Economics –

  • MIL-OSI Economics: Secretary-General of ASEAN meets with stakeholders in Bergen to discuss the Blue Economy

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, met with representatives of companies and institutions in Bergen, Norway, on 11 June 2025, to discuss the Blue Economy, among others. During the meeting, both parties exchanged views on enhancing private sector contributions to deepen ASEAN-Norway cooperation in Blue Economy for the mutual benefits of both sides.

    The post Secretary-General of ASEAN meets with stakeholders in Bergen to discuss the Blue Economy appeared first on ASEAN Main Portal.

    MIL OSI Economics –

  • MIL-Evening Report: Progress reported out of Bougainville independence talks at Burnham

    By Don Wiseman, RNZ Pacific senior journalist

    Reports in Papua New Guinea say the governments of Bougainville and PNG have agreed to table the 2019 independence referendum results in Parliament.

    While discussions are ongoing, some degree of consensus has been reached during the talks, being held at Burnham Military Camp, just outside of Christchurch in New Zealand’s South Island.

    The talks are not open to the media.

    The PNG government agreed to a Bougainville request for a moderator to be brought in to solve an impasse over the tabling of the region’s independence referendum. Image: 123rf/RNZ Pacific

    A massive 97.7 percent of Bougainvillians voted for independence in 2019.

    Former Bougainville president John Momis told delegates in Burnham to “take the bull by the horn” and confront the independence issue without further delay.

    Both governments have agreed to present three highly pivotal documents to the PNG National Parliament.

    Apart from the referendum results, there will be the moderator’s report, and the parliamentary bipartisan committee’s findings.

    The commitment was formally conveyed by PNG’s Minister of Bougainville Affairs, Manaseh Makiba.

    Only sovereignty acceptable
    Meanwhile, the ABG President, Ishmael Toroama, said Bougainville would not accept a governance model that did not grant sovereignty.

    This comes amid talk of other options, such as self-government in free association.

    To achieve membership of the United Nations sovereignty is needed.

    Writing in the Post-Courier, journalist Gorethy Kenneth said the Bougainville national leaders, for the “first time have come out in aligning with the Bougainville team in New Zealand”.

    She reported that Police Minister and Bougainville regional MP Peter Tsiamalili Jr said he was in a peculiar position but he represented the 97.7 percent who voted for independence and he would go with the wishes of his people.

    The ICT Minister, and South Bougainville MP Timothy Masiu also said his one vote in Parliament would be for independence as far as his people were concerned.

    The PNG government has spoken previously of fears that independence for Bougainville would encourage other provinces to seek autonomy.

    Provinces, such as New Ireland, have made no secret of their dissatisfaction with Port Moresby and desire to control more of their own affairs.

    But the Bougainville Minister of Independence Implementation, Ezekiel Massat, said Bougainville’s status was constitutionally “ring-fenced” and could not set a precedent for other provinces.

    He said “under the Bougainville Peace Agreement, independence is a compulsory option”.

    This article is republished under a community partnership agreement with RNZ.

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Economics: RBI cancels Certificate of Registration of Six NBFCs

    Source: Reserve Bank of India

    The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following company.

    Sr. No. Name of the Company Registered Office Address CoR No. CoR Issued On Cancellation Order Date
    1 Wofin Leasing and Finance Private Limited 7 Ganesh Chandra Avenue, PS: Bowbazar, Kolkata, West Bengal 700013 B-05.06747 March 13, 2008 May 16, 2025
    2 Outram Properties Pvt Ltd 23A, NS Road, 10th Floor, Kolkata, West Bengal 700001 05.03224 September 09, 1999 May 16, 2025
    3 SCM Holding Private Limited 11/1A Sarojini Naidu Sarani, Lowdon Street, Kolkata, West Bengal 700017 05.03245 September 24, 1999 May 16, 2025
    4 Kalash Vyapaar Private Limited 75C, Park Street, 3rd Floor, Kolkata, West Bengal, 700016 N.05.06592 December 30, 2005 May 16, 2025
    5 Everest Vinimay Private Limited 3A, Garstin Place, 6th Floor, Kolkata, West Bengal, 700001 N.05.06604 February 06, 2006 May 16, 2025
    6 Adhikar Microfinance Private Limited Plot No-77/180/970, Subudhipur, Tomando, Bhubaneswar, Orissa – 752054 04.00021 October 22, 2013 May 20, 2025

    As such, the above company shall not transact the business of a Non-Banking Financial Institution, as defined in clause (a) of Section 45-I of the RBI Act, 1934.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2025-2026/529

    MIL OSI Economics –

  • MIL-OSI Economics: ASEAN TVET Council advances inclusive skills development for rural and regional communities

    Source: ASEAN

    MELAKA, 12 June 2025 -The 4th Regional Policy Dialogue of ASEAN TVET Council on “TVET for Rural and Regional Advancement” was successfully convened on 11–12 June 2025 in Melaka, Malaysia. The Dialogue brought together approximately 220 participants both onsite and online from ASEAN Member States and partner organisations, representing ministries of labour, education, and economic planning, TVET institutions, industry leaders, and international development partners.
     
    Hosted by the Ministry of Rural and Regional Development of Malaysia with the support of the ASEAN Secretariat, Aus4ASEAN Digital Transformation and Future Skills Initiative (funded by the Government of Australia), and RECOTwin (funded by the Government of Germany), and the Dialogue provided a platform for participants to exchange strategies and good practices on how TVET can serve as a driver of inclusive, sustainable growth in rural and regional communities across ASEAN.
     
    Key discussions focused on expanding access to TVET, fostering technopreneurship, promoting green and digital skills, and aligning curricula with the demands of high-growth, high-value sectors. The Dialogue concluded with actionable insights and recommendations to guide ASEAN’s collective efforts toward enhancing employability, productivity, and socio-economic resilience through skills development.
     
    During the Dialogue, the Study Report on the Promotion of Business Engagement Models for Upskilling and Reskilling of the ASEAN Workforce was launched on 12 June 2025. Coordinated by the ASEAN Secretariat under the guidance of ASEAN Senior Labour Officials Meeting (SLOM) and with the support of the Aus4ASEAN Digital Transformation and Future Skills Initiative, the Study explores how ASEAN businesses are adapting to rapid changes in technology, Industry 4.0, and the green economy by investing in workforce upskilling and reskilling. It emphasises the importance of inclusive training and stronger engagement between governments, businesses, and TVET institutes. Find out more about the Study here.
     
    ###

    The post ASEAN TVET Council advances inclusive skills development for rural and regional communities appeared first on ASEAN Main Portal.

    MIL OSI Economics –

  • MIL-OSI Economics: Panasonic develops a cooling water circulation pump for data centers – Promoting the strategic enhancement of the pump business

    Source: Panasonic

    Headline: Panasonic develops a cooling water circulation pump for data centers – Promoting the strategic enhancement of the pump business

    Osaka, Japan, June 12, 2025 – Panasonic Corporation (https://www.panasonic.com/global/home.html) today announced that its Living Appliances and Solutions Company (Panasonic) has marked the 70th anniversary of its pump business. The company’s pump business, which began with home pumps (well pumps) that supply water to homes, has consistently contributed to the realization of comfortable and affluent lifestyles through built-in pumps for water heaters, heating appliances, and bathroom equipment. This time, Panasonic will enter the cooling pump market for data centers, aiming to expand its business areas and contribute to customers.
    In recent years, with the evolution of AI technology, the number of data centers has been increasing globally. In generative AI data centers, the heat generated per CPU or GPU chip is rapidly increasing due to advanced computational processes. Previously, air cooling using air conditioners and fans was the mainstream method. However, growing demand for more effective and efficient cooling has brought increased attention to liquid cooling, which has high cooling efficiency.
    Panasonic has developed a next-generation cooling water circulation pump specifically for data center cooling, integrating its proprietary technology and system design capabilities refined over 70 years of its pump business. This product is designed for integration into CDUs (Coolant Distribution Units), the core components of cooling systems, and offers high efficiency, a compact form, and long service life. It meets the cooling needs of next-generation infrastructure by simultaneously reducing environmental impact and ensuring stable operation.
    Starting with its entry into the data center market, Panasonic will contribute to cooling solutions for infrastructure-related heat countermeasures to expand its pump business, aiming for cumulative shipments of 100 million units by 2035. The company will continue to contribute to safe and comfortable lifestyles and industrial development through reliable technology, while earnestly responding to environmental changes and customer feedback.

    New product features

    1. High performance

    By fully utilizing advanced simulation technologies, such as magnetic field analysis, fluid dynamics analysis, and flow analysis, Panasonic has achieved a 75% improvement in pump performance (from 40 to 70 L/min) while maintaining the same size as conventional pumps. This product contributes to improved energy efficiency across entire data center systems and simplifies cooling system design.

    2. Compactness 

    A compact housing has been achieved by leveraging the company’s design expertise, honed through the development of built-in pumps for equipment. This feature enabled the circulation pump to be housed within CDUs that have limited space. The compact housing offers layout flexibility, significantly increasing the design freedom of CDUs.

    3. Long life

    The adoption of submersible sliding bearings and optimized structural design ensures long-term stable operation and reduces maintenance workload. This feature supports high reliability and cost optimization in data center operations.

    Panasonic pump business – 70 years of progress

    Panasonic’s pump business began with the launch of home pumps (well pumps) in 1955.
    In 1980, the company began developing and selling built-in AC pumps for water heaters, contributing to enhanced product value (reheating function) provided by them. Since then, the company has been developing products that simultaneously deliver energy efficiency and environmental friendliness, including built-in DC pumps for equipment. In 2025, the pump business has marked its 70th anniversary, with cumulative shipments exceeding 53 million units.
    The range of appliances incorporating these pumps extends beyond the company’s own products. Manufacturers in Japan and abroad have also adopted Panasonic pumps in their combustion-type water heaters and heating appliances as well as air-to-water heat pumps. Additionally, the new pump has been adopted in cooling equipment for data centers in the current fiscal year. Panasonic pumps are distributed globally from its Hikone Factory in Shiga Prefecture through customers’ equipment, contributing to comfortable lifestyles around the world.

    Media Contact:

    Living Appliances and Solutions Company, Panasonic CorporationPublic Relations, Corporate Policy Department, Corporate Planning CenterEmail: las-pr@gg.jp.panasonic.com

    About Panasonic Corporation
    Panasonic Corporation offers products and services for a variety of living environments, ranging from homes to stores to offices and cities. There are five businesses at the core of Panasonic Corporation: Living Appliances and Solutions Company, Heating & Ventilation A/C Company, Cold Chain Solutions Company, Electric Works Company and China and Northeast Asia Company. The operating company reported consolidated net sales of 3,584.2 billion yen for the year ended March 31, 2025. Panasonic Corporation is committed to fulfilling the mission of Life Tech & Ideas: For the wellbeing of people, society and the planet, and embraces the vision of becoming the best partner of your life with human-centric technology and innovation. Learn more about Panasonic: https://www.panasonic.com/global/about.html

    MIL OSI Economics –

  • MIL-OSI Economics: Money Market Operations as on June 11, 2025

    Source: Reserve Bank of India
    (Amount in ₹ crore, Rate in Per cent)
      Volume
    (One Leg)    		 Weighted
    Average Rate    		 Range
    A. Overnight Segment (I+II+III+IV) 5,95,936.52 5.18 2.50-6.55
         I. Call Money 15,257.24 5.31 4.80-5.35
         II. Triparty Repo 3,83,941.95 5.20 5.16-5.30
         III. Market Repo 1,94,273.33 5.13 2.50-5.60
         IV. Repo in Corporate Bond 2,464.00 5.41 5.35-6.55
    B. Term Segment      
         I. Notice Money** 34.50 5.17 5.05-5.25
         II. Term Money@@ 738.00 – 5.60-5.85
         III. Triparty Repo 1,555.00 5.30 5.15-5.50
         IV. Market Repo 375.60 5.15 1.00-5.45
         V. Repo in Corporate Bond 0.00 – –
      Auction Date Tenor (Days) Maturity Date Amount Current Rate /
    Cut off Rate
    C. Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF)
    I. Today’s Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo          
         (b) Reverse Repo          
      (II) Fine Tuning Operations          
         (a) Repo          
         (b) Reverse Repo          
    3. MSF# Wed, 11/06/2025 1 Thu, 12/06/2025 1,124.00 5.75
    4. SDFΔ# Wed, 11/06/2025 1 Thu, 12/06/2025 2,67,414.00 5.25
    5. Net liquidity injected from today’s operations [injection (+)/absorption (-)]*       -2,66,290.00  
    II. Outstanding Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo          
         (b) Reverse Repo          
      (II) Fine Tuning Operations          
         (a) Repo          
         (b) Reverse Repo          
    3. MSF#          
    4. SDFΔ#          
    D. Standing Liquidity Facility (SLF) Availed from RBI$       8,471.32  
    E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*     8,471.32  
    F. Net liquidity injected (outstanding including today’s operations) [injection (+)/absorption (-)]*     -2,57,818.68  
    G. Cash Reserves Position of Scheduled Commercial Banks
         (i) Cash balances with RBI as on June 11, 2025 9,30,891.85  
         (ii) Average daily cash reserve requirement for the fortnight ending June 13, 2025 9,41,551.00  
    H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ June 11, 2025 0.00  
    I. Net durable liquidity [surplus (+)/deficit (-)] as on May 16, 2025 3,48,763.00  
    @ Based on Reserve Bank of India (RBI) / Clearing Corporation of India Limited (CCIL).
    – Not Applicable / No Transaction.
    ** Relates to uncollateralized transactions of 2 to 14 days tenor.
    @@ Relates to uncollateralized transactions of 15 days to one year tenor.
    $ Includes refinance facilities extended by RBI.
    & As per the Press Release No. 2019-2020/1900 dated February 06, 2020.
    Δ As per the Press Release No. 2022-2023/41 dated April 08, 2022.
    * Net liquidity is calculated as Repo+MSF+SLF-Reverse Repo-SDF.
    ¥ As per the Press Release No. 2014-2015/1971 dated March 19, 2015.
    # As per the Press Release No. 2023-2024/1548 dated December 27, 2023.
    Ajit Prasad          
    Deputy General Manager
    (Communications)    
    Press Release: 2025-2026/527

    MIL OSI Economics –