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Category: Economy

  • MIL-OSI Russia: Chinese Premier Calls for Commitment to Building Open Global Economy

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    RIO DE JANEIRO, July 8 (Xinhua) — Addressing the plenary sessions of the 17th BRICS summit on Sunday and Monday, Chinese Premier Li Qiang called for commitment to building an open world economy, opposed unilateralism and protectionism, and stressed the need to maintain stability and smooth operation of industrial and supply chains.

    At the plenary sessions, the Chinese premier also touched upon topics such as strengthening multilateralism, artificial intelligence, environmental protection and climate change, and global health. The sessions were attended by leaders of BRICS countries, partner countries, guest countries, and representatives of international organizations.

    Li Qiang noted that the current international economic and trade order and the multilateral trading system are facing serious challenges, and global economic recovery remains a difficult task. In expanding cooperation, BRICS should remain true to the founding purpose of the organization, meet the demands of the times, uphold and practice multilateralism, promote a fair and open international economic and trade order, join forces in the Global South, and make greater contributions to global stability and development, he said.

    According to the Prime Minister, when expanding cooperation, BRICS must support the basic principles of the World Trade Organization (WTO) and promote liberalization and simplification of trade and investment procedures.

    Mentioning the establishment of the China Cooperation Center for the Development of Special Economic Zones in the BRICS countries this year, Li Qiang expressed China’s readiness to work with all parties to build a network of practical cooperation.

    He called on all parties to remain committed to strengthening international financial cooperation, expressing support for the expansion and strengthening of the New Development Bank and welcoming the willingness of countries in the Global South to invest in China’s financial market.

    He called for an accelerated review of the World Bank’s equity stakes and the adjustment of quota shares by the International Monetary Fund, and stressed the need to enhance the representation and voice of developing countries.

    Li Qiang noted that greater cooperation within BRICS should open up a “new blue ocean” of economic growth, calling for cooperation in new areas such as the digital and green economy, to make artificial intelligence (AI) the driving force of all industries and benefit every household, and to help strengthen the capacity of countries in the Global South.

    China will launch the Global South Digital Development Initiative under the Global Development Initiative and plans to provide 200 training programs on digital economy and AI to Global South countries over the next five years, he said.

    He added that China welcomes the participation of all countries in the World Conference on Artificial Intelligence to be held later in July.

    Highlighting the growing risks in the areas of climate, environment and health, Li Qiang said the international community should form a broad consensus, take active actions and join efforts to address common challenges.

    He called on the international community to strengthen global synergy in combating climate change, resolutely implement the UN Framework Convention on Climate Change and the Paris Agreement, adhere to the principle of common but differentiated responsibilities, and deepen cooperation in clean energy, carbon markets and other areas.

    Developed countries must fulfill their commitments to climate change financing, technology transfer and other areas, Li Qiang stressed.

    According to him, the world must achieve more tangible results in the field of environmental protection, adhere to the principle of harmonious coexistence between humanity and nature, advocate for a systems approach to management and more effectively implement the Convention on Biological Diversity and the UN Convention to Combat Desertification.

    He also called for increased capacity building for public health systems, calling on the international community to support the World Health Organization’s coordinating role in global health governance, make full use of platforms such as the BRICS Vaccine Research and Development Centre, and provide more public goods to countries in the Global South.

    China always fulfills its obligations and makes active contributions to global challenges within its capabilities, Li said, adding that China will continue to take concrete actions, fulfill its responsibilities and cooperate with all parties to promote greener, healthier and more sustainable global development.

    The summit resulted in the adoption of the BRICS Leaders’ Statement on Global Governance in Artificial Intelligence and the BRICS Leaders’ Framework Declaration on Climate Finance. –0–

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

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    MIL OSI Russia News –

  • MIL-OSI Africa: President notes US tariff announcement

    Source: Government of South Africa

    President notes US tariff announcement

    President Cyril Ramaphosa has noted the correspondence from the United States (US) President Donald Trump on the unilateral imposition of a 30% trade tariff against South Africa. 

    In a letter addressed to the President on Monday, President Trump announced that he would subject imports from South Africa to new 30% tariffs that would take effect from 1 August 2025.

    “This 30% tariff is based on a particular interpretation of the balance of trade between South Africa and the United States. This contested interpretation forms part of the issues under consideration by the negotiating teams from South Africa and the United States. 

    “Accordingly, South Africa maintains that the 30% reciprocal tariff is not an accurate representation of available trade data,” the Presidency said in a statement.

    South Africa’s interpretation of the available trade data shows that the average tariff imported goods entering South Africa stands at 7.6%. 

    The Presidency emphasised that 56% of goods enter South Africa at 0% most favoured nation tariff, with 77% of US goods entering the South African market under the 0% duty.

    “South Africa will continue with its diplomatic efforts towards a more balanced and mutually beneficial trade relationship with the United States. We welcome the commitment by the US government, that the 30% tariff is subject to modification at the back of the conclusion of our negotiations with the United States,” the Presidency said.

    South Africa has continued to engage the United States, most recently at a meeting held on the side-lines of the US-Africa Summit on 23 June 2025 in Luanda. 

    “It was at this meeting where South Africa learned of a template with which the US wishes to engage sub-Saharan Africa on matters of trade. The South African negotiating team still awaits this template; however, President Ramaphosa has instructed the team [to] urgently engage with the US on the basis of the Framework Deal that South Africa submitted to the US on 20 May 2025. 

    “This framework deal addresses the issues initially raised by the US, including South Africa’s supposed trade surplus, unfair trade practices and lack of reciprocity from the US.

    “The President urges government trade negotiations teams and South African companies to accelerate their diversification efforts in order to promote better resilience in both global supply chains and the South African economy,” the Presidency said.

    The President has further noted that South Africa is one of a number of countries to have received this communication on 7 July 2025. – SAnews.gov.za

    nosihle

    MIL OSI Africa –

  • MIL-OSI United Kingdom: Largest ever budget for water regulation

    Source: United Kingdom – Executive Government & Departments

    Press release

    Largest ever budget for water regulation

    New analysis reveals largest budget for Environment Agency’s water regulation in history

    • New analysis reveals largest budget for Environment Agency’s water regulation in history
    • Massive cash injection comes through charges on water companies not from taxpayers, meaning polluters pay
    • The Water (Special Measures) Act introduces new levies to pay for water company enforcement activities

    The largest ever budget for tackling water pollution has been handed to the country’s water watchdog, as part of the government’s plan to deliver the most significant increase in enforcement powers in a decade.

    The Environment Agency, who are in charge of water company inspections and prosecutions for environmental damage, will receive a cash injection of over £189m this financial year. This will fund more enforcement officers, improved equipment and the latest technology for the regulator.

    This year alone it will carry out more than 10,000 inspections of water company assets and has already launched a record 81 criminal investigations into water company pollution incidents since July 2024.

    Funding has increased by 64% since 2023/2024, with all of this increase coming from charges paid by water companies rather than from the public purse. This will mean it is the polluter that paying the cost of regulating the sector, not taxpayers.

    Environment Secretary Steve Reed said:

    The public are furious about sewage pollution in our rivers, lakes and seas.

    This government is cleaning them up, including the biggest boost to enforcement in a decade paid for by the water companies responsible for it.

    Our changes give the water watchdog the resources they need to tackle pollution and clean up our rivers, lakes and seas for good – all part of the Government’s Plan for Change.

    The Environment Agency has agreed to deliver tough efficiency targets over as part of the spending review, to ensure that this money is targeted on frontline delivery and enforcement. Already, the EA has driven efficiency savings of over £23 million during 2024/25. 

    As a further boost, a new levy on the water sector, which is subject to consultation, will allow the EA to recover the cost of their enforcement activities in the sector – a power granted through the landmark Water (Special Measures) Act, making it easier for the regulator to take enforcement action when needed.

    In addition, the EA’s programme of farm inspections has been boosted, with 6,000 a year by 2029 planned, to support the agricultural sector reduce pollution into waterways.

    Notes to editors

    • We inherited a broken water system with record levels of sewage being pumped into our waterways. The Government is committed to cleaning up our rivers, lakes and seas for good.

    • Enforcement:

    • The Government has launched the largest crackdown on water companies in history. The era of profiting from pollution is over.
    • Unfair bonuses have now been banned, a record 81 criminal investigations have been launched into sewage pollution and polluting water bosses who cover up their crimes now face prison sentences.

    • This funding will boost the Environment Agency’s investigation and enforcement capabilities.

    • Investment:

    • The Government has secured the largest investment into the water sector in history to clean up rivers, lakes and seas in communities across the country.

    •  £104bn in private sector investment is being invested to upgrade crumbling sewage pipes and cut sewage by nearly half by 2030.

    • Modernisation:

    • The recommendations of the Independent Water Commission, a once-in-a-generation opportunity to modernise the water industry, will form the basis of further legislation later this parliament to ensure the sector is fit for the decades to come and clean up our rivers, lakes and seas for good.
    1. Table 1 sets out the key EA funding streams related to Water Quality, dating back to 2022/23.
    2. EA funding comes from two main sources:

    a. Grant-in-Aid funding from Defra. This pays for the EA to carry out its statutory duties, from water quality monitoring to waste crime investigations. This funding decreased slightly in 2025/26 because it is being replaced by an increase in charge income, which now covers the cost of water company inspections and enforcement.

    b. Charge income. This mostly consists of charges paid by water companies for their permits (initial application fee and annual subsistence charges). It also includes the EA’s proposed water levy and some income from other government departments.

    Table 1: Summary of the separate funding streams relating to WQ, from 2022-2026.

    Income stream (£m) 22/23 23/24 24/25 25/26
    Statutory duties including WQ (GiA) 17 19 20 22
    Specific transfers for WQ (GiA) 18.7 18.3 24.1 14.8
    WQ charge income (including permit charges and proposed levy income) 74 73 113 149
    Other income from govt departments 4 4 4 4
    Total 114 115 161 189

    Updates to this page

    Published 8 July 2025

    MIL OSI United Kingdom –

  • BRICS must amplify voice of Global South: FM Nirmala Sitharaman

    Source: Government of India

    Source: Government of India (4)

    Union Finance and Corporate Affairs Minister Nirmala Sitharaman, while attending the BRICS Finance Ministers and Central Bank Governors Meeting in Rio de Janeiro on Monday, underscored the importance of the BRICS grouping in representing the interests of the Global South.

    Highlighting India’s economic resilience, Sitharaman credited strong domestic demand, sound macroeconomic management, and targeted fiscal measures for the country’s robust performance. She also noted that India’s policy response to global trade and financial restrictions has focused on market diversification, infrastructure-led growth, and structural reforms to enhance competitiveness and productivity.

    Calling BRICS a vital platform for promoting inclusive multilateralism, the Finance Minister emphasized that at a time when global institutions face crises of legitimacy and representation, BRICS must lead by example – reinforcing cooperation, pushing for credible reforms, and amplifying the voice of the Global South.

    Sitharaman also stressed that while South-South cooperation is crucial to achieving climate and development goals, the Global South should not be expected to bear the primary burden of climate action. She urged deeper cooperation among BRICS nations on sustainable development.

  • MIL-OSI: Monexis Expands Global Reach with Advanced Multi-Access Trading Platform Tailored for All Levels

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) — As retail and professional traders seek smarter, more personalized tools in today’s dynamic financial markets, Monexis has emerged as a powerful ally—offering a next-generation, multi-access trading platform designed to meet the needs of global investors. Combining real-time data, AI-powered insights, and educational support, Monexis is redefining digital trading through personalized strategies, transparent operations, and user-friendly technology across more than 20 countries.

    With a focus on customized strategies, educational empowerment, and cutting-edge technology, Monexis is redefining what it means to support traders at every level. Headquartered in New York and serving clients in over 20 countries, the company continues to expand its global footprint while maintaining a sharp focus on individual investor success.

    A Tailored Approach to Trading Success

    Monexis distinguishes itself through personalized trading strategies tailored to each client’s financial goals, experience level, and risk profile. Whether a trader is seeking long-term portfolio growth, short-term gains, or diversification through cryptocurrency, Monexis works closely with them to design strategies that are both practical and performance-driven.

    This individual approach ensures that every user has a clear path to follow, one that is based on logic, market data, and their own financial objectives.

    Technology Meets Simplicity on the Monexis Platform
    At the heart of Monexis’s offering is its intuitive and feature-rich trading platform, where technology meets investment insight. The platform is equipped with:

    • Real-time market data
    • Advanced charting and analytical tools
    • Integrated portfolio management
    • Smart strategy builders

    Users can easily monitor their trading activity, analyze performance, and execute trades efficiently. The seamless interface is designed for both beginners and experienced traders, minimizing complexity while maximizing functionality.

    The platform also incorporates customized insights and personalized dashboards, giving traders a competitive edge in fast-moving markets.

    Education and Support as Strategic Tools
    Monexis recognizes that knowledge is a powerful asset in trading. That’s why it offers a comprehensive educational ecosystem to help traders build confidence and sharpen their decision-making. 

    The resource library includes:

    • Text lessons for beginners and advanced traders
    • On-demand video tutorials (VODs)
    • Cryptocurrency fundamentals and strategies
    • Guides on fundamental and technical analysis
    • Tools for trend identification, risk management, and market prediction

    These resources are supported by 24/5 technical support and access to real-time market signals, ensuring traders are never left without guidance when they need it most.

    Whether you’re navigating your first trade or refining an advanced investment strategy, Monexis ensures that education and support are always within reach.

    Globally Connected and Regionally Aware
    Monexis operates in a growing list of countries across the Americas, Europe, Asia, and Africa, including the United States, India, Brazil, Germany, South Africa, Japan, Australia, and the United Kingdom. This global reach allows the company to deliver culturally and regionally tailored insights while maintaining access to up-to-date international financial news, events, and policy updates.

    Users benefit from detailed market reports, trend analysis, and coverage of global economic movements, all aimed at helping them make informed, timely decisions.

    Account Types Designed for Every Trader
    Monexis understands that traders have different needs and investment capacities. To accommodate this, the platform offers four distinct account tiers, each with its own features and benefits:

    Basic Account (€250 minimum)

    • 24/5 tech support
    • 48-hour withdrawal time
    • Ideal for beginners looking to explore trading

    Standard Account (€2,500 minimum)

    • 24-hour withdrawals
    • 1:100 leverage
    • Bonuses up to 50%
    • Signals and basic consultations

    VIP Account (€10,000 minimum)

    • 12-hour withdrawals
    • 1:200 leverage
    • Bonuses up to 100%
    • Enhanced signals, consultations, and insurance
    • Personal account manager

    Prime Account (€50,000 minimum)

    • 3-hour withdrawals
    • 1:400 leverage
    • Bonuses up to 150%
    • Full access to all tools, training, and personal services

    Each account level is structured to grow with the trader, offering increasingly valuable services and faster execution as investment levels increase.

    Trusted Operations and Transparent Compliance
    Monexis Inc. is legally registered and operates under the laws of the State of New York, United States. The platform adheres to strict AML (Anti-Money Laundering) and KYC (Know Your Customer) protocols to ensure secure, transparent, and compliant operations.
    All users are encouraged to review the platform’s privacy policy, client agreement, AML/KYC policy, and risk notices before opening an account.

    Monexis at a Glance

    • Headquarters: New York, United States
    • Website: www.monexis.org
    • Customer Support: +1 (800) 441‑7760
    • Email: support@monexis.org
    • Global Reach: Clients in over 20 countries
    • Platform Features: Real-time data, technical tools, personalized dashboards
    • Education Resources: VODs, guides, analysis tools, calculators, news
    • Support: 24/5 tech assistance and multilingual customer service
    • Compliance: Full adherence to U.S. regulations, AML/KYC policies

    Conclusion
    Monexis brings together the essential pillars of modern trading: personalized strategy, technological excellence, continuous education, and global insight. With a flexible account structure, round-the-clock support, and a platform designed to empower users of all levels, Monexis positions itself as a reliable and forward-focused trading solution for the global investor community.

    To learn more or to get started, visit www.monexis.org.
    Disclaimer: This press release is provided by the Monexis. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6c7f295b-3cdc-4f79-a007-b281fe2e86d5

    The MIL Network –

  • MIL-OSI: The Ultra X System under PQTIC Partners with Chain Trade Exchange to Announce Successful Technical Integration: Ushering in a New Era of Smart Cryptocurrency Trading

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) — With the rapid development of blockchain technology and artificial intelligence, cryptocurrency trading is entering a new era of intelligence. In this wave, Chain Trade Exchange and the innovative trading system Ultra X have announced the successful technical integration, working together to create an efficient and secure trading experience for global investors. The Ultra X system reads market data and liquidity information (excluding user data) from the Chain Trade Exchange, supports real-time training, and assists investors in achieving automated trading on the Chain Trade platform. This collaboration marks an important step forward in making cryptocurrency trading smarter and more transparent.

    Intelligent Upgrade of the Cryptocurrency Market
    In recent years, the cryptocurrency market has experienced explosive growth. Investors’ demand for efficient, secure, and intelligent trading tools has become increasingly urgent. Since its establishment in Denver, Colorado, in 2019, Chain Trade Exchange has remained at the forefront of the industry, leveraging its global influence, with services in over 180 countries and 150 million registered users, as well as the ability to support trading of over 350 cryptocurrencies. Meanwhile, the Ultra X system, as a cutting-edge AI trading tool, provides investors with precise market insights and trading execution capabilities through data-driven analysis and automated strategies.
    In this collaboration, the Ultra X system successfully integrated with Chain Trade Exchange’s market data interface, enabling seamless access to real-time market prices and liquidity data. This technological breakthrough not only enhances Ultra X’s real-time training capabilities but also offers investors powerful tools for automated trading on the Chain Trade platform, while strictly safeguarding user privacy and ensuring data security.
    The Synergistic Advantages of Ultra X and Chain Trade
    Chain Trade Exchange is known for its low fees, high security, and diversified services. The platform supports spot trading, wealth management products, hot and cold wallets, and utilizes multi-signature technology, cold storage solutions (protecting over 90% of assets), and independent Proof of Reserves (PoR) to ensure that user assets are fully backed on a 1:1 basis. Its professional security team monitors the system around the clock, combining strict Anti-Money Laundering (AML) protocols and working with global regulators to provide users with a transparent and trustworthy trading environment.

    Ultra X System Focuses on Intelligent Trading

    The Ultra X system focuses on intelligent trading by utilizing machine learning and big data analytics to process market conditions in real-time and generate efficient trading strategies. Its core features include:

    • Real-time Training: Using Chain Trade’s market and liquidity data (excluding user data), the system simulates real trading environments to enhance prediction and execution capabilities.
    • Automated Trading: Investors can set automated trading strategies through Ultra X on the Chain Trade platform, enabling 24/7 market participation without manual intervention.
    • Data Privacy: Ultra X only reads publicly available market data and strictly adheres to privacy protection standards to ensure the security of user data.
      “The collaboration between Ultra X and Chain Trade is a perfect blend of technology and trust,” a Chain Trade spokesperson said. “We provide stable market data support to Ultra X, helping investors make smarter trading decisions while ensuring data security and platform compliance.”

    Empowering Investors with Intelligent Trading Experience

    The integration of the Ultra X system with Chain Trade brings significant benefits to users:

    • Precise Market Insights: Ultra X analyzes Chain Trade’s market and liquidity data in real-time, offering instant trend predictions that help investors seize market opportunities.
    • Automation Efficiency: Investors can set personalized trading strategies with Ultra X, automatically executing buy and sell orders, saving time and reducing the risk of emotional trading.
    • Security and Transparency: Ultra X does not access user data and, combined with Chain Trade’s op-tier security measures and proof of reserves, ensures a secure and trustworthy trading process.
    • Flexible Applications: Whether beginners or professional traders, Ultra X’s intuitive interface and Chain Trade’s diverse trading pairs (350+ cryptocurrencies) complement each other, meeting various needs.

    An early Ultra X user shared: “Using Ultra X on Chain Trade has made my trading more efficient. The automated trading feature helps me seize market opportunities, and Chain Trade’s security makes me feel completely safe.”

    Dual Assurance of Compliance and Security

    Chain Trade Exchange places a high priority on compliance, following strict AML protocols for user identity verification and risk assessment, and uses a real-time trade monitoring system to detect suspicious activities. The platform regularly submits suspicious transaction reports to regulators and cooperates with international law enforcement agencies to ensure global legal and regulatory compliance. The Ultra X system also ensures data privacy, only processing publicly available market data, seamlessly integrating with Chain Trade’s compliance framework to offer users dual trust guarantees.

    “We are committed to building a safe and transparent trading ecosystem,” the Ultra X team stated. “Our partnership with Chain Trade allows us to focus on technological innovation while relying on their leading compliance and security standards.”

    Pioneering the Future of Cryptocurrency Trading

    The collaboration between Ultra X and Chain Trade has not only enhanced trading efficiency but also set a benchmark for the intelligent development of the cryptocurrency industry. In the future, both parties plan to deepen their integration and explore the fusion of decentralized finance (DeFi) and AI-driven trading, offering investors more innovative tools. Chain Trade will also continue to expand its services by launching an NFT trading market and enterprise-level blockchain solutions to solidify its global leadership.

    Join Ultra X and Chain Trade, Embrace the Era of Intelligent Trading

    For investors seeking to stand out in the cryptocurrency market, the combination of Ultra X and Chain Trade offers unparalleled opportunities. Contact support@CTANTE.com or visit the official Chain Trade website to experience the intelligent trading features of the Ultra X system and embark on your digital wealth journey.

    About Chain Trade Exchange

    Chain Trade Exchange was established in 2019 and is headquartered in Denver, Colorado, USA. It serves over 180 countries, with 150 million users, and supports more than 350 cryptocurrencies. As a leading global digital asset platform, Chain Trade provides trading, wallet, and blockchain consulting services, dedicated to driving the development of the digital economy.

    About Ultra X System

    Ultra X is an AI-driven trading system focused on market analysis and automated trading. By partnering with leading trading platforms, Ultra X provides investors with efficient, transparent trading solutions without directly handling user data.

    Official Website: https://pqtic.com/
    Contact Name: Jim Williams
    Corporate Email: service@pqtic.com

    Disclaimer: This press release is provided by the PQTIC. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/587c2e69-4bfd-487c-a5b4-c3e75c1d3538

    https://www.globenewswire.com/NewsRoom/AttachmentNg/bb5e694b-5c63-4963-b30c-16b6cdb74ea5

    https://www.globenewswire.com/NewsRoom/AttachmentNg/c5c9f37a-f2dd-42df-8275-bbb3c0c2dfd4

    The MIL Network –

  • MIL-OSI Russia: GUU professor discusses staff shortage on OSN TV

    Translation. Region: Russian Federal

    Source: Official website of the State –

    An important disclaimer is at the bottom of this article.

    In the program “It’s Worth Thinking About” on the Public News Service (OSN) TV channel, experts discussed the acute problem of personnel shortage that the Russian economy is facing. One of the speakers was Vladimir Volokh, professor of the Department of Public Administration and Political Technologies at the State University of Management, member of the Council under the President of the Russian Federation for Interethnic Relations and the Public Council under the Ministry of Internal Affairs of Russia, and a specialist in migration policy.

    The discussion touched upon the reasons for the current situation, including demographic factors, the outflow of qualified specialists abroad, and insufficient training of personnel within the country. The participants of the program considered various scenarios for solving the problem, including attracting labor resources from abroad, improving the qualifications and retraining of Russian specialists, as well as stimulating the birth rate and supporting young families.

    Professor Volokh shared his expert opinion on the role of migration policy in solving the problem of personnel shortage, emphasizing the need to create favorable conditions for attracting qualified foreign specialists and their successful integration into Russian society. He also noted the importance of combating illegal migration and protecting the rights of labor migrants.

    The program featured various points of view on the problem of personnel shortage and possible ways to solve it. The participants in the discussion agreed on the need for a comprehensive approach, including measures of economic, social and migration policy.

    The full recording of the program “It’s Worth Thinking About” on the topic “Shortage of Personnel: How to Save the Russian Economy” can be viewed on the website of the Public News Service.

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

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    MIL OSI Russia News –

  • MIL-OSI Africa: Global Financing Shifts to Advance African Coal, Uranium Prospects Ahead of African Mining Week (AMW) 2025

    Source: APO


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    As Africa moves to fully harness its coal and uranium resources for economic growth, major shifts in the global financing landscape in 2025 are set to unlock new opportunities across the continent. In June, international finance institution The World Bank lifted its ban on financing nuclear projects – marking its re-entry into the nuclear value chain for the first time since 1965. In May, the U.S. export agency the Export-Import Bank of the United States (EXIM) ended its 12-year restriction on funding international coal projects.

    Coal, uranium and investment market trends will take center stage at the upcoming African Mining Week (AMW) 2025 – Africa’s premier gathering for mining stakeholders – taking place on October 1 – 3 in Cape Town. The event will feature high-level panel discussions, project showcases and exclusive networking sessions, showcasing how global capital and African leadership are aligning to unlock the potential of coal and uranium value chains for sustainable development.

    Africa’s coal sector has seen notable progress in 2025. In March, South Africa’s Seriti Resources launched the R500 million Naudesbank Colliery in Mpumalanga Province, producing one million tons annually in its first phase. The launch reinforces South Africa’s role as the continent’s leading coal producer. Concurrently, mining company Menar is advancing several coal and anthracite projects with a R7 billion investment plan through 2026, including the Bekezela and Sukuma mines in South Africa’s Gauteng province. The initiatives align with South Africa’s decision to classify coal as a critical mineral due to its economic and strategic importance. Ethiopia is also ramping up exploration, with coal reserves now estimated to exceed one billion tons. At AMW, a panel titled Coal’s Indispensable Role: Powering Africa’s Downstream Processing and Manufacturing Boom will showcase policies and incentives being used by African markets to attract investments across the coal value chain.

    On the uranium front, the World Bank’s ban reversal offers renewed access to international financing – creating a pathway for expansion in Africa’s uranium-rich countries. Several projects have gained momentum in 2025. Lotus Resources is progressing with its 3-million-pound-per-year Letlhakane Uranium Project in Botswana, as well as the Kayelekera Mine in Malawi. In Tanzania, Moab Minerals secured a $500,000 investment from European Lithium for its Manyoni Uranium Project. Meanwhile, GoviEx Uranium is advancing development of its Muntanga Project in Zambia, with an expected annual output of 2.2 million pounds. Additionally, countries including Namibia, Mali, Ghana, Senegal, the Republic of Congo and Kenya have signed agreements to develop nuclear energy programs, underlining Africa’s growing focus to leverage its vast uranium resources for energy resilience. The continent’s biggest uranium producers Niger and Namibia also have several new and expansion projects underway.

    These milestones represent a new era of investment potential across Africa’s coal and uranium industries, with African Mining Week 2025 serving as a key platform for governments, investors and industry stakeholders to collaborate and catalyze long-term growth.

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

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

    MIL OSI Africa –

  • MIL-OSI Africa: African Continental Free Trade Area (AfCFTA) Adjustment Fund Credit Fund closes its first deal – US$ 10 million investment in Telecel Global Services Ltd

    Source: APO


    .

    The Credit Fund of the AfCFTA Adjustment Fund has successfully closed its first investment, committing US$10 million to Telecel Global Services Ltd, through a senior secured amortising loan. The transaction marks a significant milestone in the operationalisation of the Fund.

    The Credit Fund is one of three Funds under the AfCFTA Adjustment Fund, established by the AfCFTA Secretariat and African Export-Import Bank (Afreximbank) to provide targeted  transitional support to AfCFTA State Parties  and private sector entities as they adjust to the requirements and opportunities presented by the AfCFTA Agreement.

    Telecel Global Services, a subsidiary of the Mauritius-based Telecel Group, provides wholesale voice and SMS services and enterprise connectivity solutions to more than 250 telecom operators across Africa and globally. With digital connectivity being at the heart of the trade and economic integration and success of the AfCFTA, this facility will support Telecel’s expansion in Ghana and Liberia, strengthen its infrastructure, and contribute to bridging Africa’s digital divide through enhanced connectivity and digital inclusion. By investing in digital infrastructure in underserved markets, the Fund is helping reduce trade barriers, foster cross-boarder productivity and accelerate  inclusive industrialisation.

    Mr. Jean-Louis Ekra, Chairman of the Board of the AfCFTA Adjustment Fund Corporation, stated: “ The closing of our first deal marks a historic milestone for the Credit Fund and the broader vision of the AfCFTA. This US$10 million investment in Telecel Global Services is a clear demonstration of how targeted capital can drive meaningful impact—accelerating digital connectivity, enabling intra-African trade, and supporting private sector-led development in priority sectors. It is our commitment to ensure that such investments continue to bridge critical gaps, stimulate economic resilience, and unlock Africa’s vast potential.”

    H.E. Wamkele Mene, Secretary-General of the AfCFTA Secretariat, noted: “This transaction demonstrates how the AfCFTA Adjustment Fund is beginning to serve its intended purpose – supporting State Parties and the private sector as we work to make this Agreement commercially meaningful. By investing in digital infrastructure, we are addressing some of the most critical enablers of trade facilitation, industrialisation, and regional value chain development.”

    Prof. Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank, added: “Today, we make another bold statement of our unwavering intent to ensure that Africans reap the benefits of the African Continental Free Trade Agreement. We are proud to have commenced the operationalisation of the Credit Fund. With this Fund, we will provide vital support to African corporates, helping them retool and expand their operations necessary to capitalise on the AfCFTA opportunities. The investment strengthens a critical enabler, the digital economy and regional connectivity, while reinforcing our long-term commitment to transforming the structure of the African economy. .”

    Marlene Ngoyi, CEO, FEDA, the Fund Manager of the AfCFTA Adjustment Fund, said: “This investment exemplifies the strategic intent of the Credit Fund – to catalyse growth and resilience in sectors that are vital for Africa’s structural transformation. We are proud to partner with Telecel, whose operations directly advance intra-African connectivity and digital trade.”

    The Credit Fund will continue to prioritise commercially viable investments that enable trade, support diversification, and promote inclusive growth in line with the broader AfCFTA implementation agenda.

    Distributed by APO Group on behalf of Afreximbank.

    About the AfCFTA Adjustment Fund:
    The AfCFTA Adjustment Fund consists of three sub-Funds namely, the Base Fund, the General Fund, and the Credit Fund. The Base Fund will utilise contributions from AfCFTA State Parties as well as grants and technical assistance to address tariff revenue losses that would result from the implementation of the AfCFTA Agreement. The General Fund will finance the development of trade enabling infrastructure while the Credit Fund will be used to mobilise commercial funding to support both the public and private sectors enabling them to adjust and take advantage of the opportunities created by the AfCFTA.

     About the African Continental Free Trade Area (AfCFTA):
    The African Continental Free Trade Area (AfCFTA) is one of the flagship projects of Agenda 2063: “The Africa We Want” and entered into force on 30 May 2019. It is a high ambition trade Agreement, which aims to bring together all 55 Member States of the African Union, covering a market of more than 1.3 billion people, with a comprehensive scope that includes critical areas of Africa’s economy, such as digital trade and investment protection, amongst other areas. By eliminating barriers to trade in Africa, the objective of the AfCFTA is to significantly boost intra-Africa trade, particularly trade in value-added production and trade across all services sectors of Africa’s economy, at a potential of 52.3 percent.

    About FEDA:
    The Fund for Export Development in Africa (“FEDA”) is the impacting investing subsidiary of Afreximbank, set up to provide equity, quasi-equity, and debt capital to finance the multi-billion-dollar funding gap (particularly in equity) needed to transform the Trade sector in Africa.

    FEDA pursues a multi-sector investment strategy along the intra-African trade, value-added export development, and manufacturing value chain which includes financial services, technology, consumer and retail goods, manufacturing, transport & logistics, agribusiness, as well as ancillary trade enabling infrastructure such as industrial parks.

    MIL OSI Africa –

  • MIL-OSI: Unlock Massive Savings During Amazon Prime Day with ASUS

    Source: GlobeNewswire (MIL-OSI)

    KEY POINTS

    • Incredible value: Save up to $700 or 53% off during Amazon Prime Day, the best time to upgrade your tech.
    • Something for everyone: Everyday laptops, gaming rigs, Chromebooks, desktops, and all-in-ones are all on sale.
    • Limited-time event: These exclusive deals run July 8 to 11, don’t miss out.

    TORONTO, July 08, 2025 (GLOBE NEWSWIRE) — ASUS today announced a lineup of unbeatable deals for Amazon Prime Day, running from July 8 to July 11. Whether you’re looking to upgrade your everyday laptop, level up your gaming setup, or find the perfect device for work or school, ASUS has you covered, and at incredible prices. This limited-time event offers savings of up to $700 and discounts as deep as 53% off across some of our most popular models. Here’s a look at some of the top deals, sorted by category:

    Everyday Laptops: Powerful, portable, and perfect for productivity, entertainment, or schoolwork.

    • ASUS Zenbook A14 (UX3407QA-AS51-CA)
      Was: $1,399 | Now: $1,229 – Save $170
      Ultra-portable 14-inch laptop that weighs under 1kg, crafted from durable Ceraluminum for a premium, featherlight feel. Powered by a Snapdragon® X Processor, with up to 32 hours of battery life and a vibrant OLED display, it’s built for all-day productivity on the go.
    • ASUS Vivobook S14 Flip (TP3402VA-AS71T-CA)
      Was: $1,299 | Now: $949 – Save $250
      A versatile 2-in-1 laptop with a responsive 14″ FHD touchscreen, 360° hinge, and Intel® Core™ i7-13620H performance, 1TB SSD and 16GB of RAM, perfect for everyday productivity, creativity, entertainment and study.
    • ASUS Vivobook Go 15 (E1504FA-AS52-CA)
      Was: $799 | Now: $549 – Save $250
      Versatile everyday laptop featuring a 15.6-inch Full HD display, AMD Ryzen™ 5 7520U processor, and a sleek, modern design. With military-grade durability, fast charging, and ample storage, it’s built to handle school, work, and entertainment with ease.
    • ASUS Vivobook S15 (S5507QA-DB71-CB)
      Was: $1,499 | Now: $949.99 – Save $549
      Copilot+ PC powered by the Snapdragon® X Elite processor, delivering next-gen AI performance in a sleek, lightweight chassis. With a stunning 15.6″ 3K 120Hz OLED display, long-lasting battery, and premium build, it’s designed for seamless productivity and creativity on the go.

    Gaming Laptops: High-performance machines built to handle AAA titles and esports alike.

    • TUF Gaming A15 (FA507UV-AS91-CA)
      Was: $1,799 | Now: $1,299 – Save $500
      Engineered for durability and power, it delivers powerful gaming performance with an AMD Ryzen™ 9 8945HS processor and NVIDIA® GeForce RTX™ 4060 GPU. It features a 144Hz Full HD display, military-grade toughness, and enhanced cooling to handle intense gaming sessions with ease.
    • TUF Gaming F17 (FX707VI-NS74)
      Was: $2,299 | Now: $1,599 – Save $700
      Dominate your games with a 17.3” FHD display, NVIDIA® GeForce RTX™ 4070 GPU, and Intel® Core™ i9 processor. This beast is made for gamers who want maximum screen space and serious performance.
    • ROG Strix G16 (2024) (G614JV-AS71-CA)
      Was: $1,999 | Now: $1,599 – Save $400
      High-performance gaming laptop featuring an Intel® Core™ i7-13650HX processor and NVIDIA® GeForce RTX™ 4060 GPU, designed for serious gamers and creators. With a 165Hz 16-inch display, advanced cooling, and customizable RGB lighting, it delivers smooth, immersive gameplay and bold style.
    • ROG Strix G18 (2025) (G815LR-AS96-CA)
      Was: $3,799 | Now: $3,499 – Save $300
      Gaming powerhouse equipped with an Intel® Core™ Ultra 9 Processor and NVIDIA® GeForce RTX™ 5070Ti GPU for the latest and greatest performance, delivering elite-level performance. Featuring an 18-inch 240Hz Nebula Display, advanced cooling, and bold RGB design, it’s built to dominate AAA titles and heavy creative workloads.

    Chromebooks: Affordable, fast, and ideal for everyday browsing and classroom tasks.

    • ASUS Chromebook CX14 (CX1405CKA-AS01-CB)
      Was: $369 | Now: $229 – Save $140
      Stylish, reliable and affordable 14-inch laptop featuring an Intel Processor N4500 and a sleek, minimalist design ideal for students and everyday tasks. With a Full HD NanoEdge display, all-day battery life, and ChromeOS for fast, secure performance, it’s perfect for browsing, streaming, and getting work done anywhere.
    • ASUS Chromebook CX1 (CX1500CKA-DH03-CB)
      Was: $399 | Now: $189 – Save $210 – 53% off
      Combines a large 15.6-inch Full HD NanoEdge display with an Intel Celeron N4500 processor for smooth, everyday multitasking. With a spill-resistant keyboard, military-grade durability, and up to 11 hours of battery life, it’s a dependable companion for school, work, or casual use.
    • ASUS Chromebook Plus CX15 (CX1505CTA-AS31-CB)
      Was: $499 | Now: $349 – Save $150
      Enhanced productivity with a 15.6-inch Full HD display, Intel® Core™ i3 processor, and double the performance and memory of standard Chromebooks. With AI-powered tools, built-in Google apps, and a sleek design, it’s ideal for school, work, and everything in between.

    Desktops & All-in-Ones: Get work done faster with stylish and efficient ASUS desktop systems.

    • ASUS V440 All-in-One (V440VAK-DSI38512-CB)
      Was: $899 | Now: $599 – Save $300
      Compact, business-ready 24” All-in-One desktop powered by an Intel® Core™ i3-1315U processor and designed for efficient multitasking and everyday office workloads. With extensive connectivity, and a tool-free chassis for easy upgrades, it’s a reliable and flexible solution for modern workspaces.
    • ASUS ExpertCenter P500 (P500MVC-DSI58512-CB)
      Was: $899 | Now: $649 – Save $250
      powerful mini tower desktop built for business, featuring an Intel® Core™ i5-13420H processor and enterprise-grade reliability. With comprehensive connectivity, enhanced security features, and tool-free access for easy upgrades, it’s the ideal choice for productivity-focused professionals.

    Discover even more ASUS deals across a wide range of categories, all available for a limited time. Head to https://ca.asus.click/ASUS_Amazon_Prime_Day to explore the full lineup and score your perfect tech upgrade. Limited-time deals, while supplies last.

    NOTES TO EDITORS

    ASUS Amazon Prime Deals: https://ca.asus.click/ASUS_Amazon_Prime_Day

    ASUS: https://ca.asus.click/ASUS_CA_Homepage

    ASUS Zenbook A14: https://ca.asus.click/Zenbook_A14_Prime_Day

    ASUS Vivobook S14 Flip: https://ca.asus.click/Vivobook_S14_Flip_Prime_Day

    ASUS Vivobook Go 15: https://ca.asus.click/Vivobook_Go_15_Prime_Day

    ASUS Vivobook S15: https://ca.asus.click/Vivobook_S15_Prime_Day

    ASUS TUF Gaming A15: https://ca.asus.click/TUF_Gaming_A15_Prime_Day

    ASUS TUF Gaming F17: https://ca.asus.click/TUF_Gaming_F17_Prime_Day

    ROG Strix G16 (2024): https://ca.asus.click/Strix_G16_Prime_Day

    ROG Strix G18 (2025): https://ca.asus.click/Strix_G18_Prime_Day

    ASUS Chromebook CX14: https://ca.asus.click/Chromebook_CX14_Prime_Day

    ASUS Chromebook CX1: https://ca.asus.click/Chromebook_CX1_Prime_Day

    ASUS Chromebook Plus CX15: https://ca.asus.click/Chromebook_Plus_CX15_Prime_day

    ASUS V440VA AiO: https://ca.asus.click/ASUS_V440VA_AiO_Prime_Day

    ASUS ExpertCenter P500: https://ca.asus.click/ExpertCenter_P500_Prime_Day

    ASUS Pressroom: http://press.asus.com

    ASUS Canada Facebook: https://www.facebook.com/asuscanada/

    ASUS Canada Instagram: https://www.instagram.com/asus_ca

    ASUS Canada YouTube: https://ca.asus.click/youtube

    ASUS Global X (Twitter): https://www.x.com/asus

    About ASUS

    ASUS is a global technology leader that provides the world’s most innovative and intuitive devices, components, and solutions to deliver incredible experiences that enhance the lives of people everywhere. With its team of 5,000 in-house R&D experts, the company is world-renowned for continuously reimagining today’s technologies. Consistently ranked as one of Fortune’s World’s Most Admired Companies, ASUS is also committed to sustaining an incredible future. The goal is to create a net zero enterprise that helps drive the shift towards a circular economy, with a responsible supply chain creating shared value for every one of us.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3ce81baf-7ee8-46dc-8bff-1a3eb55db40c

    The MIL Network –

  • MIL-OSI: Acquire.Fi Serves as Introducer and M&A Consultant to Omni Acquisition Corp. (Echo Base Holdings Affiliate) in Strategic Acquisition of Premier Web3 Wallet Omni

    Source: GlobeNewswire (MIL-OSI)

    Acquire.Fi Serves as Introducer and M&A Consultant to Omni Ltd. in Strategic Acquisition

    TORTOLA, British Virgin Islands, July 08, 2025 (GLOBE NEWSWIRE) — Acquire Fi LTD, A Premier Web3 M&A Marketplace announced recently that Omni Acquisition Corp. (“OAC”), an affiliate of Echo Base Holdings (“Echo Base”), recently acquired the assets, operations, and key staff of Omni Wallet (“Omni”), a leading multi-chain Web3 self-custodial wallet and portfolio management system, from Omni Ltd. Acquire.Fi introduced and consulted Omni in the strategic transaction.

    Omni’s platform offers comprehensive features, including swapping, staking, lending, token management, DeFi, NFTs, and more, all within a mobile-first interface. With support for over 25 blockchain networks, Omni aims to simplify digital portfolio management for users worldwide.

    “From the beginning, our goal at Omni has been to simplify digital portfolio management and give users access to all of Web3 in one approachable, effective, and engaging app,” said Serafin Lion Engel, CEO of Omni and StakeKit. “Joining the Echo Base ecosystem will supercharge Omni’s growth trajectory as the home for all things staking and DeFi. We’re excited to see Omni reach new heights with the Echo Base team.”

    Jan Strandberg, CEO of Acquire.Fi said “We’re thrilled to see both teams align for the next stage of growth. Once we understood the goals and synergies on both sides, it was clear that this introduction and advisory engagement would lead to a strong strategic fit. We’re proud to have played a role in facilitating a deal with such long-term potential.”

    About Acquire.Fi

    Acquire.Fi is the leading M&A and secondary marketplace for Web3, facilitating introductions and consultations in strategic acquisitions, secondaries, and token asset transfers across the decentralized economy. With over eight figures in closed transactions and more than $600 million in active deal flow, Acquire.Fi connects top-tier buyers and sellers—ranging from Institutions and exchanges to venture-backed startups and token foundations.

    The platform supports a wide spectrum of deal types, including full business acquisitions, team acquihires, and secondary transactions. Acquire.Fi also operates a robust liquid token OTC desk, assisting foundations and institutional investors with stablecoin liquidity solutions. In addition, the firm offers exclusive investor access to community fundraising rounds and provides hands-on advisory and execution services, leveraging a team with over 50 years of combined industry experience.

    To explore active listings or join the deal flow, visit:
    Marketplace | Secondaries | Telegram Channel

    About Omni

    Launched in 2021, Omni is a comprehensive Web3 wallet supporting assets across 25+ blockchain networks, enabling seamless token management, DeFi activity, NFTs, and multi-chain staking with a single mnemonic. It aggregates bridging and DEX services for efficient swaps, abstracts staking complexity, integrates Ledger for security, and offers WalletConnect, fiat on-ramp, and broad NFT support. All in a smooth, user-friendly, mobile-first design. www.omni.app

    About Echo Base Holdings Ltd.

    Founded in 2025, Echo Base is a private holding company pursuing special situation control investments in the digital assets space. Its global crypto team possesses deep experience in both the scaling of new ventures and the restructuring of complex assets. Echo Base seeks to leverage operational and technical synergies across its portfolio companies to drive innovation. www.eb.global

    For more information, please contact:
    Jan Strandberg
    team@acquire.fi

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/aa108538-1ce1-4f21-a3dd-66f462a267bf

    The MIL Network –

  • MIL-OSI United Kingdom: New UK support to power green growth at home while tackling climate change abroad

    Source: United Kingdom – Executive Government & Departments

    News story

    New UK support to power green growth at home while tackling climate change abroad

    Senior Cabinet ministers meet City of London leaders as Foreign Secretary announces new climate support

    • Foreign Secretary announces new funding to make it easier for countries to access UK private sector climate finance and disaster risk insurance, driving UK green growth.

    • Support comes as senior Cabinet ministers meet City of London leaders to discuss UK financial sector’s role in boosting sustainable finance for emerging markets and developing economies.

    • David Lammy to set out the economic opportunity for the UK and the City of London, in line with the government’s Plan for Change—with emerging markets expected to drive 65% of global growth by 2035.

    New support will help millions of people globally deal with the daily impact of climate change, the Foreign Secretary David Lammy has today announced (Tuesday 8 July).

    A £12m commitment for disaster relief finance and insurance will help climate-vulnerable countries better prepare for the impact of disasters like hurricanes and drought. 

    This funding is triggered by certain warning signs—such as a weather event or forecast—to enable faster payouts and a more effective response.

    Backed by the UK financial sector, this will also help drive domestic green growth and unlock jobs, opportunity and security for people in the UK.

    This new funding comes as Cabinet Ministers from the Treasury, Foreign Office, DESNZ and DEFRA will today meet leaders from the financial sector. They will collectively discuss how to champion UK-based investors and financial institutions to channel investment into climate initiatives in emerging markets.

    Foreign Secretary David Lammy said:

    The climate and nature crisis is the greatest global challenge we face. Failure to act will cause unprecedented environmental damage, fuelling displacement, conflict and famine.

    Tackling this crisis is also a huge opportunity for people and businesses here in the UK, delivering on our Plan for Change. The green sector is worth trillions of pounds, and I’m determined that we seize the economic growth, jobs and security it offers.

    The City of London, the world’s leading sustainable development financing hub, has a crucial role to play in this.

    Today’s measures, in support of the UK government’s Plan for Change, will help unlock sustainable finance from the UK and elsewhere, and ensure developing countries can better manage climate shocks themselves.

    This effort will help foster sustainable growth and protect the most climate vulnerable nations. Global climate investment is increasing rapidly, hitting $2.1 trillion last year, and the government sees the City of London in a prime position to capitalise on this opportunity.

    Last year the UK’s green sector grew three times faster than the economy as a whole, attracting £43bn of private investment. With London ranked as the world’s top sustainable finance centre, the UK is uniquely positioned to grow this industry further by helping to unlock finance for emerging markets that will drive 65% of global growth by 2035.

    The £12 million for pre-arranged finance will cut the cost of responding to disasters and accelerate the time it takes them to recover from such shocks.

    This follows the UK launching a global coalition with its partners last week, to scale up pre-arranged finance tenfold by 2035, alongside a coalition to drive greater investment for developing economies through public markets. This was announced by the Minister for Development Baroness Chapman at the 4th International Conference on Financing for Development in Sevilla, Spain.

    The Foreign Secretary is also today announcing that the UK’s Financial Services Centre of Expertise will help financial regulators across ASEAN access expertise from the Financial Conduct Authority. The initiative will focus on regulatory alignment across ASEAN markets to deliver green growth opportunities for UK investors. 

    BACKGROUND:

    • It’s the first time multiple cabinet ministers will be attending a meeting with leaders from the City of London together, signalling a growth opportunity on climate action.
    • The UK will be first country to annually publish pre-arranged finance as a percentage of overall crisis finance spending, with the aspiration of increasing this over time.

    Updates to this page

    Published 8 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Government and business put forward “Team UK” approach to unleash defence sector’s potential

    Source: United Kingdom – Executive Government & Departments 3

    Press release

    Government and business put forward “Team UK” approach to unleash defence sector’s potential

    Plans to deliver jobs across the UK by unlocking the full economic potential of Britain’s defence sector are set to be unveiled today (8 July 2025).

    • Recommendations unveiled today by the Defence and Economic Growth Taskforce will build upon 14,000 extra jobs supported by government investment in the defence sector

    • Comes as Defence Tech company Helsing announces the UK’s first Resilience Factory in Plymouth as it accelerates £350m UK investment in Artificial Intelligence

    • Taskforce report puts forward “Team UK” government and business collaboration to drive growth and create jobs as part of government’s Plan for Change

    Recommendations from the Defence and Economic Growth Taskforce will outline key steps – including developing regional Defence Growth Deals – to ensure that working people benefit from the government’s move to increase defence spending.

    New opportunities for UK workers are already on the way with defence tech company Helsing announcing that it will open the UK’s first Resilience Factory this year. The UK technology and its supply chain will create specialist high-value jobs in the South West and across the country, as Helsing doubles the size of its UK business.

    Helsing’s acceleration of its £350m Trinity House private investment will see it provide allied navies with AI-powered miniature submarines to protect critical underwater infrastructure. The advanced manufacturing facility will be based in Plymouth, as the new national centre of marine autonomy.

    The Taskforce’s recommendations will be launched at a Ministry of Defence roundtable chaired by the Chancellor Rachel Reeves and Defence Secretary John Healey later today.

    The report’s key recommendation is for a “Team UK” strategy to ensure the UK is globally competitive, driving innovation, jobs and prosperity across the UK, reforming procurement and contracting processes to grow the UK defence sector – in line with the Strategic Defence Review.

    It also recommends prioritising investment in “dual use” technologies that can be used for both civil and military purposes in the UK.

    The meeting comes as figures published last week show that 151,000 UK jobs are directly supported by the MOD’s spend with industry – an increase of 14,000 on the previous year.

    Chancellor of the Exchequer, Rachel Reeves, said:

    “A new era of threats demands a new era for defence and security. That’s why we took the decision to prioritise defence spending, increasing it to 2.6% of GDP by April 2027.

    “Through this, and the work of the Defence and Economic Growth Taskforce – including Helsing’s welcome announcement of the first UK Resilience Factory – we are securing our nation and unleashing the economic potential in the Defence sector, benefitting working people across the UK through our Plan for Change.”

    Ned Baker, UK Managing Director, Helsing:

    “Helsing supports the Government’s ambitions for our defences and economy. We are investing in both by opening the first UK Resilience Factory and accelerating our £350m commitment.

    “We have confidence in the Government’s commitment to new technological solutions for defence. Together, we can attract further private investment, equipping our Armed Forces and growing the economy.”

    The Secretary of State for Defence, John Healey, said:

    “In a new era for defence, we are building a new partnership with the UK’s outstanding defence industry, with innovators and with investors.

    “We will equip our Armed Forces for the future and make defence an engine for economic growth through our Defence Industrial Strategy – unlocking investment, reforming procurement, championing innovation and backing companies of all sizes.
    “I welcome the Defence and Economic Growth Taskforce’s report which recognises how we can boost high-skilled jobs across the country and grow our economy while strengthening our frontline forces.”

    The government has already begun work on three of the report’s recommendations:

    • Establishing a defence SME Hub to provide support to new market entrants.

    • Commencing work on a Defence Exports Office in the MOD, as announced in the Strategic Defence Review.

    • Committing to developing Defence Growth Deals across the UK at the Spending Review.

    The remaining recommendations will now be worked through as part of the cross-Whitehall Defence Growth Board and the Defence Industrial Joint Council ahead of the forthcoming launch of the Defence Industrial Strategy.

    The Taskforce, led by the Confederation of British Industry (CBI) with Oliver Wyman and co-chaired by the Chancellor and Defence Secretary, is a unique partnership between government, industry and financial institutions. Its 20 member organisations have collaborated with HM Treasury and the MOD to produce the recommendations.

    Updates to this page

    Published 8 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI Banking: BSTDB Invests EUR 40 million to Support Bulgaria’s Energy Security and Regional Integration

    Source: Black Sea Trade and Development Bank

    Press Release | 08-Jul-2025

    Financing Will Strengthen Bulgarian Energy Holding

    In a strategic move to advance energy resilience, sustainable infrastructure, and economic integration in the Black Sea region, the Black Sea Trade and Development Bank (BSTDB) has invested EUR 40 million in the latest bond issuance by the Bulgarian Energy Holding EAD (BEH), Bulgaria’s state-owned energy leader and a major electricity exporter in the Balkans.

    The BSTDB financing will support BEH in implementing strategic investment projects in the country, particularly the modernization of the national electricity transmission infrastructure. These investments aim to strengthen the country’s energy security, improve system reliability, and contribute to broader economic development.

    The investment also supports the goals of the Black Sea Economic Cooperation (BSEC) agenda by fostering infrastructure connectivity and sustainable energy systems — key pillars of regional development and integration among BSEC Member States.

    “Energy sector development is one of BSTDB’s top priorities in Bulgaria and across the Black Sea region,” said Dr. Serhat Köksal, President of BSTDB. “We are pleased to continue supporting Bulgarian Energy Holding’s investment programme, which aligns with our mandate to promote regional economic cooperation and integration. Enhancing energy infrastructure not only serves national needs but also contributes to a more connected and resilient Black Sea energy market.”

    “It is a pleasure to recognize BSTDB as a valued partner supporting our ongoing efforts in the energy sector. This partnership reflects our shared commitment to the development of key strategic projects that will strengthen energy security and promote sustainable development not only in Bulgaria, but across the wider region. We deeply appreciate BSTDB’s support and expertise, and we look forward to continuing our successful cooperation in the years to come,” said Valentin Nikolov, CEO of Bulgarian Energy Holding.

     

    Bulgarian Energy Holding EAD is the parent company of a group of subsidiaries and affiliates active in electricity generation, transmission, and supply, as well as natural gas transmission, supply, storage, and coal mining. BEH plays a central role in Bulgaria’s energy landscape, owning and operating the country’s main electricity generation assets, the national electricity transmission grid, and the gas transmission and transit network. As the public supplier of electricity and gas, it is a strategically vital institution for both domestic energy stability and regional energy cooperation.

    The Black Sea Trade and Development Bank (BSTDB) is an international financial institution established by Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Türkiye, and Ukraine. The BSTDB headquarters are in Thessaloniki, Greece. BSTDB supports economic development and regional cooperation by providing loans, credit lines, equity and guarantees for projects and trade financing in the public and private sectors in its member countries. The authorized capital of the Bank is EUR 3.45 billion. For information on BSTDB, visit www.bstdb.org.

     

    Contact: Haroula Christodoulou

    : @BSTDB

    MIL OSI Global Banks –

  • MIL-OSI: Valeura Energy Inc.: Q2 2025 Operations and Financial Update

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, July 08, 2025 (GLOBE NEWSWIRE) — Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) (“Valeura” or the “Company”) is pleased to provide an update on Q2 2025 operations.

    Highlights

    • Safe ongoing operations, with oil production averaging 21.4 mbbls/d(1) – maintaining full year production guidance of 23.0 – 25.5 mbbls/d;
    • Revenue of US$129.3 million;
    • Taxes of US$15.8 million paid, primarily in respect of the Jasmine asset. No further cash tax payments anticipated for the remainder of 2025;
    • Cash position of US$241.9 million and no debt; and
    • Final investment decision on the Wassana Field redevelopment and construction phase commenced.

    (1) Working interest share oil production, before royalties.

    Dr. Sean Guest, President and CEO commented:

    “During Q2 2025 we demonstrated another safe quarter of ongoing production and drilling operations and took a positive final investment decision on our major redevelopment project at the Wassana field, which is now moving to the construction phase.

    While production volumes are down quarter-on-quarter, our plan had always assumed that production would be weighted to the second half of the year and we are therefore maintaining our full-year production guidance range of 23.0 – 25.5 mbbls/d.

    From a financial perspective, we continue to prioritise balance sheet strength, and firmly believe this will serve our stakeholders well as we pursue opportunities to add value. While the headwinds of lower global oil prices during the quarter are apparent in our revenue of US$129.3 million, we are continuing to invest while maintaining a strong cash position.”

    Q2 2025 Update

    Working interest share production before royalties averaged 21.4 mbbls/d during Q2 2025, a decrease of 10.2% from Q1 2025. Rates reflect the impact of planned downtime and natural declines at Valeura’s larger producing assets, which is consistent with the Company’s business plan. Q2 was anticipated to be the lowest production quarter of the year, and with rates weighted to the second half of 2025, the Company is maintaining its full year production guidance range of 23.0 – 25.5 mbbls/d.

    Oil sales totalled 1.90 million bbls during Q2 2025. The Company recorded a net increase in oil inventory, as measured at the end of the quarter, to a total of 0.93 million bbls at June 30, 2025. In addition, a parcel of 0.24 million bbls of oil was sold just after the end of the quarter, on July 1, 2025.

    Price realisations averaged US$67.95/bbl during Q2 2025, a US$0.67/bbl premium over the weighted average Brent crude oil benchmark. Realised price was down 14% from Q1 2025 given the significant drop in global oil prices.

    Taxes for the Company’s Thai I concession (Jasmine) are due in May of each year for the prior full year, and US$15.8 million was duly paid during the quarter primarily in respect of this asset. Taxes for the Company’s Thai III concessions (Nong Yao, Manora, and Wassana) are due in May and August of each year, however taxable income for the current tax period (2H 2024) was fully offset by tax loss carry-forwards. Given the above, no further tax payments are expected in 2025.

    Despite a relatively low oil price, a full quarter of spending on drilling operations, and scheduled Thai tax payments, Valeura’s cash position at June 30, 2025, was US$241.9 million (with no debt), up slightly from the previous quarter-end. In addition, US$19.6 million in revenue, relating to a lifting on June 25, 2025, was not received until early in July 2025. As a result, this US$19.6 million is not included in the revenue or the Company’s cash balance at June 30, 2025, but will be correctly accounted in the Q2 financials.

    Operations Update
    Production operations are continuing safely on Valeura’s four Gulf of Thailand fields, with no lost time injuries.

    During the quarter, Valeura mobilised its contracted drilling rig to Block G11/48 (Nong Yao, 90% working interest). The drilling campaign is progressing as planned toward its objective of approximately 10 new development wells and is expected to be complete in Q4 2025. The campaign will entail new development wells drilled from each of the three Nong Yao wellhead facilities, and will therefore include the first ever infill development wells on the Nong Yao C platform, which the Company installed in 2024.

    In May 2025, Valeura took a final investment decision on redevelopment the Wassana field in Licence G10/48 (100% interest). The project will entail deployment of a new central processing platform facility on the field, intended to increase production, reduce costs, and create a hub for eventual tie-in of potential additional satellite wellhead platforms. The project is on plan, and moving into its construction phase now. First production is planned for Q2 2027.

    Results Timing
    Valeura intends to release its full unaudited financial and operating results for Q2 2025 on August 7, 2025, and will discuss the results in more detail through a management webcast hosted later that day.

    For further information, please contact:

    Valeura Energy Inc. (General Corporate Enquiries)
    +65 6373 6940
    Sean Guest, President and CEO
    Yacine Ben-Meriem, CFO
    Contact@valeuraenergy.com

    Valeura Energy Inc. (Investor and Media Enquiries)
    +1 403 975 6752 / +44 7392 940495
    Robin James Martin, Vice President, Communications and Investor Relations
    IR@valeuraenergy.com

    About the Company

    Valeura Energy Inc. is a Canadian public company engaged in the exploration, development and production of petroleum and natural gas in Thailand and in Türkiye. The Company is pursuing a growth-oriented strategy and intends to re-invest into its producing asset portfolio and to deploy resources toward further organic and inorganic growth in Southeast Asia. Valeura aspires toward value accretive growth for stakeholders while adhering to high standards of environmental, social and governance responsibility.

    Additional information relating to Valeura is also available on SEDAR+ at www.sedarplus.ca.

    Advisory and Caution Regarding Forward-Looking Information

    Certain information included in this news release constitutes forward-looking information under applicable securities legislation. Such forward-looking information is for the purpose of explaining management’s current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes, such as making investment decisions. Forward-looking information typically contains statements with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “estimate”, “propose”, “project”, “target” or similar words suggesting future outcomes or statements regarding an outlook.

    Forward-looking information in this news release includes, but is not limited to, the Company’s anticipated full year 2025 guidance assumptions; no further cash tax payments being anticipated in 2025; timing and composition of future drilling campaigns; the effect of the Wassana redevelopment project on production, costs, and future growth of the G10/48 block; and timing for first production from the Wassana redevelopment project. Although the Company believes the expectations and assumptions reflected in such forward-looking information are reasonable, they may prove to be incorrect.

    Forward-looking information is based on management’s current expectations and assumptions regarding, among other things: political stability of the areas in which the Company is operating; continued safety of operations and ability to proceed in a timely manner; continued operations of and approvals forthcoming from governments and regulators in a manner consistent with past conduct; ability to achieve extensions to licences in Thailand and Türkiye to support attractive development and resource recovery; future drilling activity on the required/expected timelines; the prospectivity of the Company’s lands; the continued favourable pricing and operating netbacks across its business; future production rates and associated operating netbacks and cash flow; decline rates; future sources of funding; future economic conditions; the impact of inflation of future costs; future currency exchange rates; interest rates; the ability to meet drilling deadlines and fulfil commitments under licences and leases; future commodity prices; the impact of the Russian invasion of Ukraine; the impact of conflicts in the Middle East; royalty rates and taxes; management’s estimate of cumulative tax losses being correct; future capital and other expenditures; the success obtained in drilling new wells and working over existing wellbores; the performance of wells and facilities; the availability of the required capital to funds its exploration, development and other operations, and the ability of the Company to meet its commitments and financial obligations; the ability of the Company to secure adequate processing, transportation, fractionation and storage capacity on acceptable terms; the capacity and reliability of facilities; the application of regulatory requirements respecting abandonment and reclamation; the recoverability of the Company’s reserves and contingent resources; future growth; the sufficiency of budgeted capital expenditures in carrying out planned activities; the impact of increasing competition; the availability and identification of mergers and acquisition opportunities; the ability to successfully negotiate and complete any mergers and acquisition opportunities; the ability to efficiently integrate assets and employees acquired through acquisitions; global energy policies going forward; international trade policies; future debt levels; and the Company’s continued ability to obtain and retain qualified staff and equipment in a timely and cost efficient manner. In addition, the Company’s work programmes and budgets are in part based upon expected agreement among joint venture partners and associated exploration, development and marketing plans and anticipated costs and sales prices, which are subject to change based on, among other things, the actual results of drilling and related activity, availability of drilling, offshore storage and offloading facilities and other specialised oilfield equipment and service providers, changes in partners’ plans and unexpected delays and changes in market conditions. Although the Company believes the expectations and assumptions reflected in such forward-looking information are reasonable, they may prove to be incorrect.

    Forward-looking information involves significant known and unknown risks and uncertainties. Exploration, appraisal, and development of oil and natural gas reserves and resources are speculative activities and involve a degree of risk. A number of factors could cause actual results to differ materially from those anticipated by the Company including, but not limited to: the ability of management to execute its business plan or realise anticipated benefits from acquisitions; the risk of disruptions from public health emergencies and/or pandemics; competition for specialised equipment and human resources; the Company’s ability to manage growth; the Company’s ability to manage the costs related to inflation; disruption in supply chains; the risk of currency fluctuations; changes in interest rates, oil and gas prices and netbacks; the risk that the Company’s tax advisors’ and/or auditors’ assessment of the Company’s cumulative tax losses varies significantly from management’s expectations of the same; potential changes in joint venture partner strategies and participation in work programmes; uncertainty regarding the contemplated timelines and costs for work programme execution; the risks of disruption to operations and access to worksites; potential changes in laws and regulations, including international treaties and trade policies; the uncertainty regarding government and other approvals; counterparty risk; the risk that financing may not be available; risks associated with weather delays and natural disasters; and the risk associated with international activity. See the most recent annual information form and management’s discussion and analysis of the Company for a detailed discussion of the risk factors.

    Certain forward-looking information in this news release may also constitute “financial outlook” within the meaning of applicable securities legislation. Financial outlook involves statements about Valeura’s prospective financial performance or position and is based on and subject to the assumptions and risk factors described above in respect of forward-looking information generally as well as any other specific assumptions and risk factors in relation to such financial outlook noted in this news release. Such assumptions are based on management’s assessment of the relevant information currently available, and any financial outlook included in this news release is made as of the date hereof and provided for the purpose of helping readers understand Valeura’s current expectations and plans for the future. Readers are cautioned that reliance on any financial outlook may not be appropriate for other purposes or in other circumstances and that the risk factors described above or other factors may cause actual results to differ materially from any financial outlook.

    The forward-looking information contained in this news release is made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless required by applicable securities laws. The forward-looking information contained in this news release is expressly qualified by this cautionary statement.

    This news release does not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction, including where such offer would be unlawful. This news release is not for distribution or release, directly or indirectly, in or into the United States, Ireland, the Republic of South Africa or Japan or any other jurisdiction in which its publication or distribution would be unlawful.

    Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this news release.

    This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

    The MIL Network –

  • MIL-OSI China: Foreign Minister Lin hosts welcome luncheon for Polish parliamentary delegation led by Deputy Horbatowski, announces Taiwan to open market to fresh blueberries from Poland

    Source: Republic of Taiwan – Ministry of Foreign Affairs

    Foreign Minister Lin hosts welcome luncheon for Polish parliamentary delegation led by Deputy Horbatowski, announces Taiwan to open market to fresh blueberries from Poland

    • Date：2025-07-01
    • Data Source：Department of European Affairs

    July 1, 2025  

    No. 227  

    On July 1, Minister of Foreign Affairs Lin Chia-lung hosted a luncheon for visiting deputies of the Sejm of the Republic of Poland—Łukasz Horbatowski, Marek Chmielewski, and Iwona Krawczyk—who also serve on the Polish-Taiwanese Parliamentarian Group. The two sides exchanged views on issues such as bilateral relations, economic and trade cooperation, and cultural exchanges.

     

    In his remarks, Minister Lin pointed out that the Polish-Taiwanese Parliamentarian Group was the largest group of its kind in the Sejm. He thanked members of the Polish parliament for their long-term support of Taiwan through concrete actions. Minister Lin said that cooperation between Taiwan and Poland in economics, trade, higher education, judicial matters, technology, and other domains had continued to deepen in recent years. He expressed hope that, building on the existing foundations, the two countries would further work together to strengthen interactions and exchanges. 

     

    Furthermore, Minister Lin announced that Taiwan had recently approved the import of fresh blueberries from Poland. Once final administrative procedures were completed, he said, the people of Taiwan would have the opportunity to enjoy high-quality Polish blueberries, benefiting both Polish farmers and Taiwanese consumers. Minister Lin also noted that Taiwan possessed a world-leading ICT sector while Poland had outstanding professional talent and production capacity, which presented opportunities for bilateral collaboration in artificial intelligence, drones, and advanced chips. Minister Lin said he looked forward to continued collaboration between the two countries to build resilient and democratic non-red supply chains.

     

    Mr. Horbatowski, who was visiting Taiwan for the first time, expressed his appreciation for Minister Lin’s invitation and said that he was impressed with Taiwan’s advanced political and economic development. He added that Poland, as a major exporter of agricultural products, welcomed Taiwan’s decision to approve fresh blueberry imports and added that he looked forward to continued cooperation in the agricultural and high-tech sectors to enhance the welfare of the people of both countries.

     

    Taiwan and Poland share the universal values of freedom and democracy. The Ministry of Foreign Affairs will continue to promote cooperation between the two nations in various fields so as to deepen their resilient partnership, create sustainable prosperity and well-being for the people of Taiwan and Poland, and uphold their hard-earned democratic achievements. (E)

    MIL OSI China News –

  • MIL-OSI Russia: China Ready to Work with International Community to Bring Global Economy Back to Normal: Li Qiang

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    RIO DE JANEIRO, July 8 (Xinhua) — Chinese Premier Li Qiang said Monday that China is ready to work with the international community to achieve a speedy recovery of the global economy.

    Li Qiang made the remarks during a meeting with World Trade Organization (WTO) Director-General Ngozi Okonjo-Iweala on the sidelines of the 17th BRICS summit.

    World trade has undergone significant changes with the rise of unilateralism and protectionism, which has seriously affected the international economic and trade order and created serious challenges for the world economy and the development of countries, Li Qiang said.

    Against this backdrop, the international community is increasingly calling for the protection of the multilateral trading system and placing increasing hopes on the WTO to play a more active role, he added.

    Noting that economic globalization is an irreversible trend of history, Li Qiang said China will, as always, continue to practice and safeguard multilateralism and free trade, actively support the reform and development of the WTO to restore its authority, speed up the improvement of trade rules, and push for more concrete results from the 14th WTO Ministerial Conference.

    Li Qiang noted that China has abundant resources and means to counter adverse external influences, and is confident and capable of promoting sustainable and healthy economic development.

    This year, China has implemented more proactive and effective macroeconomic policies, advanced the strategy of expanding domestic demand and launched special initiatives to boost consumption, he said, noting the huge growing demand driven by a super-large market of more than 1.4 billion consumers.

    China, Li Qiang added, will take further measures for voluntary and unilateral opening-up, strictly abide by the principles and market rules of the WTO, and continue to share development opportunities with other countries to bring positive energy to the world. -0-

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

    .

    MIL OSI Russia News –

  • MIL-OSI: Car Repair Financing Bad Credit Near Me in the USA – 50KLoans Announces Nationwide Rollout

    Source: GlobeNewswire (MIL-OSI)

    TAMPA, Fla., July 08, 2025 (GLOBE NEWSWIRE) — 50KLoans, a trusted platform for fast and flexible lending solutions, has officially launched a dedicated car repair financing service aimed at helping Americans manage unexpected auto repair costs, even with less-than-perfect credit. This nationwide rollout includes options for car repair financing bad credit and provides fast access to funds, often by the next business day.

    With car maintenance and repair costs rising across the US more drivers are turning to alternative ways to finance urgent repairs. Whether you need help paying for a transmission replacement, engine repair, or a simple brake job, 50KLoans connects consumers with a network of lenders offering tailored financing car repair solutions even if you’ve been denied elsewhere.

    Get Matched for Car Repair Loans – Even with Bad Credit >>

    Flexible Car Repair Financing for All Credit Types

    Designed with accessibility in mind, the new car repair financing near me program helps drivers secure loans from $500 to $50,000 with repayment terms up to 10 years. The program is open to all credit types and includes specific lending partners focused on car repair financing bad credit scenarios.

    Key Features of 50KLoans Car Repair Financing Service:

    • Loan Amounts from $500 to $50,000
    • Bad Credit OK – Applicants with low or no credit scores can still qualify
    • Flexible Repayment Terms – Up to 120 months depending on lender
    • Nationwide Availability – Find car repair financing near me wherever you are in the U.S.
    • Fast Online Process – No paperwork, no waiting in line

    By offering a centralized platform for financing car repair, 50KLoans removes the hassle of searching lender by lender and gives users a seamless, transparent way to compare offers in one place.

    Get Matched for Car Repair Loans – Even with Bad Credit >>

    New Car Repair Financing Near Me: Available Nationwide

    Personal Auto Repair Loans: Installment loans tailored for mechanical work, parts, or labor costs. Ideal for larger repairs with predictable monthly payments.

    Emergency Repair Financing: Quick funds for urgent issues like failed brakes, dead batteries, or engine trouble.

    Car Repair Financing Bad Credit Solutions: Designed for borrowers with limited or poor credit history. Specialized lenders consider alternative criteria beyond your credit score.

    How to Apply for Car Repair Financing at 50KLoans

    1. Visit 50KLoans.com and select “Car Repair Financing.”
    2. Fill out a short online form – takes under 3 minutes.
    3. Get matched with multiple lenders offering car repair financing near me and online.
    4. Compare offers with clear terms, rates from 5.99% APR.
    5. Accept your preferred loan and receive funds often by the next business day.

    FAQs

    Can I qualify for car repair financing with bad credit?
    Yes. 50KLoans partners with lenders who specialize in car repair financing bad credit options.

    What types of repairs are eligible?
    Engine, transmission, brakes, tires, A/C, diagnostics—virtually all major and minor repairs are covered.

    Where can I find car repair financing near me?
    50KLoans offers access to lenders across the U.S., so you can find car repair financing near me from anywhere, with no need to visit a branch.

    Media Contact
    Mukesh Bhardwaj
    Email: mukesh@paydayventures.com

    Disclaimer: 50KLoans is not a lender and does not make credit decisions. Actual loan offers, rates, and approvals are determined by third-party lending partners based on your eligibility. Loan availability may vary by location and legal restrictions.

    The MIL Network –

  • MIL-OSI: Car Repair Financing Bad Credit Near Me in the USA – 50KLoans Announces Nationwide Rollout

    Source: GlobeNewswire (MIL-OSI)

    TAMPA, Fla., July 08, 2025 (GLOBE NEWSWIRE) — 50KLoans, a trusted platform for fast and flexible lending solutions, has officially launched a dedicated car repair financing service aimed at helping Americans manage unexpected auto repair costs, even with less-than-perfect credit. This nationwide rollout includes options for car repair financing bad credit and provides fast access to funds, often by the next business day.

    With car maintenance and repair costs rising across the US more drivers are turning to alternative ways to finance urgent repairs. Whether you need help paying for a transmission replacement, engine repair, or a simple brake job, 50KLoans connects consumers with a network of lenders offering tailored financing car repair solutions even if you’ve been denied elsewhere.

    Get Matched for Car Repair Loans – Even with Bad Credit >>

    Flexible Car Repair Financing for All Credit Types

    Designed with accessibility in mind, the new car repair financing near me program helps drivers secure loans from $500 to $50,000 with repayment terms up to 10 years. The program is open to all credit types and includes specific lending partners focused on car repair financing bad credit scenarios.

    Key Features of 50KLoans Car Repair Financing Service:

    • Loan Amounts from $500 to $50,000
    • Bad Credit OK – Applicants with low or no credit scores can still qualify
    • Flexible Repayment Terms – Up to 120 months depending on lender
    • Nationwide Availability – Find car repair financing near me wherever you are in the U.S.
    • Fast Online Process – No paperwork, no waiting in line

    By offering a centralized platform for financing car repair, 50KLoans removes the hassle of searching lender by lender and gives users a seamless, transparent way to compare offers in one place.

    Get Matched for Car Repair Loans – Even with Bad Credit >>

    New Car Repair Financing Near Me: Available Nationwide

    Personal Auto Repair Loans: Installment loans tailored for mechanical work, parts, or labor costs. Ideal for larger repairs with predictable monthly payments.

    Emergency Repair Financing: Quick funds for urgent issues like failed brakes, dead batteries, or engine trouble.

    Car Repair Financing Bad Credit Solutions: Designed for borrowers with limited or poor credit history. Specialized lenders consider alternative criteria beyond your credit score.

    How to Apply for Car Repair Financing at 50KLoans

    1. Visit 50KLoans.com and select “Car Repair Financing.”
    2. Fill out a short online form – takes under 3 minutes.
    3. Get matched with multiple lenders offering car repair financing near me and online.
    4. Compare offers with clear terms, rates from 5.99% APR.
    5. Accept your preferred loan and receive funds often by the next business day.

    FAQs

    Can I qualify for car repair financing with bad credit?
    Yes. 50KLoans partners with lenders who specialize in car repair financing bad credit options.

    What types of repairs are eligible?
    Engine, transmission, brakes, tires, A/C, diagnostics—virtually all major and minor repairs are covered.

    Where can I find car repair financing near me?
    50KLoans offers access to lenders across the U.S., so you can find car repair financing near me from anywhere, with no need to visit a branch.

    Media Contact
    Mukesh Bhardwaj
    Email: mukesh@paydayventures.com

    Disclaimer: 50KLoans is not a lender and does not make credit decisions. Actual loan offers, rates, and approvals are determined by third-party lending partners based on your eligibility. Loan availability may vary by location and legal restrictions.

    The MIL Network –

  • MIL-OSI Africa: President Ramaphosa responds to United States (US) tariffs announcement

    Source: APO


    .

    President Cyril Ramaphosa has noted the correspondence from President Donald Trump on the unilateral imposition of a 30% trade tariff against South Africa. The President has further noted that South Africa is one of a number of countries to have received this communication on 7 July 2025. 

    This 30% tariff is based on a particular interpretation of the balance of trade between South Africa and the United States. This contested interpretation forms part of the issues under consideration by the negotiating teams from South Africa and the United States. Accordingly, South Africa maintains that the 30% reciprocal tariff is not an accurate representation of available trade data. In our interpretation of the available trade data,  the average tariff imported goods entering South Africa stands at 7.6%. Importantly, 56% of goods enter South Africa at 0% most favoured nation tariff, with 77% of US goods entering the South African market under the 0% duty.

    South Africa will continue with its diplomatic efforts towards a more balanced and mutually beneficial trade relationship with the United States. We welcome the commitment by the US government, that the 30% tariff is subject to modification at the back of the conclusion of our negotiations with the United States. 

    South Africa has continued to engage the United States, most recently at a meeting held on the side-lines of the US-Africa Summit on 23 June 2025 in Luanda. It was at this meeting where South Africa learned of  a template with which the US wishes to engage sub-Saharan Africa on matters of trade. The South African negotiating team still awaits this template, however, President Ramaphosa has instructed the team urgently engage with the US on the basis of the Framework Deal that South Africa submitted to the US on 20 May 2025. This Framework deal addresses the issues initially raised by the US, including South Africa’s supposed trade surplus, unfair trade practices and lack of reciprocity from the US.

    The President urges government trade negotiations teams and South African companies to accelerate their diversification efforts in order to promote better resilience in both global supply chains and the South African economy.

    Distributed by APO Group on behalf of The Presidency of the Republic of South Africa.

    MIL OSI Africa –

  • MIL-OSI Russia: How to Stabilize Africa’s Debt

    Source: IMF – News in Russian

    How to Stabilize Africa’s Debt

    By Athene Laws, Thibault Lemaire, and Nikola Spatafora

    July 8, 2025

    Successful debt stabilization requires measures to strengthen public finances and institutions, alongside pro-growth structural reforms and a sound macroeconomic environment

    In the context of high global uncertainty, tighter global financial conditions, and rising borrowing costs, concerns about sub-Saharan Africa’s debt vulnerabilities are mounting. But the region is tackling this issue head-on and public debt ratios have stabilized on average. Our analytical note in the IMF’s latest Regional Economic Outlook for sub-Saharan Africa uses a new data set to highlight when, how often, to what extent, and how debt stabilization was achieved.

    Surprising frequency

    Contrary to perception, countries in the region have often been able to stabilize or reduce their debt ratios without debt restructuring. With more than 60 debt reduction episodes (defined as periods of two or more years during which the public debt-to-GDP ratio fell), the probability that a country will experience such an episode in any given year is one in four. And these episodes have occurred even amid an unfavorable external environment, including in the aftermath of the commodity super cycle and in the wake of the COVID-19 pandemic.

    The debt decline in many cases was economically significant and persistent: most episodes involved a decrease of more than 10 percentage points of GDP, and almost half of those episodes lasted four or more years. For example, the Democratic Republic of Congo’s debt ratio fell by 15 percentage points of GDP during 2010–23, and Cabo Verde’s debt ratio decreased by more than 30 percentage points over 2021–23.

    Sustained debt reduction typically reflects both budgetary consolidation and real economic growth. Often these two drivers go together—budgetary consolidation (that is, an increase in primary balances) is itself more likely when growth is rapid. In fragile and conflict-affected states, however, as well as low-income countries, growth is the predominant driver of many successful reductions in debt.

    Securing success

    Debt reduction is more likely, more significant, and more persistent if three conditions hold: the country has a solid domestic institutional framework and enjoys a supportive domestic business environment; global growth is buoyant; and global borrowing costs are low. A debt decline is also more likely when an IMF-supported arrangement is present, pointing to the importance of international financial and policy support. Relatedly, budget consolidation must be sustained over time to translate into debt consolidation. While exchange rate stability can support successful debt stabilization, maintaining an overvalued exchange rate can prove counterproductive since it is likely to lower growth and hamper overall macroeconomic stability.

    By way of example, in Mauritius, a favorable domestic and external environment, solid growth, and a stable currency saw a reduction in the debt ratio of almost 20 percentage points during 2003–08.

    The road ahead

    The key message for policymakers is that fiscal adjustment is likely to result in stronger, more durable reductions in debt when complemented by pro-growth structural reforms and by measures to strengthen institutional frameworks. Such measures should include well-designed fiscal rules to ensure that off-budget fiscal operations do not undermine debt reduction. Efforts to cut debt are also more likely to prove successful in a context of macroeconomic stability, including low and stable inflation.

    Countries aiming to sustainably reduce debt should seize the opportunity to tax and spend more efficiently. The focus should be on strengthening fiscal balances in a growth-friendly manner by broadening the tax base, removing inefficient tax exemptions, and ensuring that money is well spent.

    Support from the international community, including through technical support but also through concessional financing, is critical to helping the region succeed. Most countries—especially fragile states and low-income countries—face difficult trade-offs between short-term macroeconomic stabilization, longer-term development needs, and making reforms socially acceptable. External support can make these difficult trade-offs less daunting.

    ****

    Athene Laws and Thibault Lemaire are economists, and Nikola Spatafora is a senior economist, in the IMF’s African Department.

    —This blog is based on an analytical note for the IMF’s Regional Economic Outlook for Sub-Saharan Africa authored by Athene Laws, Thibault Lemaire, Rachid Pafadnam, Nikola Spatafora, and Khushboo Khandelwal.

    https://www.imf.org/en/News/Articles/2025/07/08/cf-how-to-stabilize-africas-debt

    MIL OSI

    MIL OSI Russia News –

  • MIL-OSI Asia-Pac: Foreign Minister Lin hosts welcome luncheon for Polish parliamentary delegation led by Deputy Horbatowski, announces Taiwan to open market to fresh blueberries from Poland

    Source: Republic of China Taiwan

    Foreign Minister Lin hosts welcome luncheon for Polish parliamentary delegation led by Deputy Horbatowski, announces Taiwan to open market to fresh blueberries from Poland

    Date：2025-07-01
    Data Source：Department of European Affairs

    July 1, 2025  
    No. 227  

    On July 1, Minister of Foreign Affairs Lin Chia-lung hosted a luncheon for visiting deputies of the Sejm of the Republic of Poland—Łukasz Horbatowski, Marek Chmielewski, and Iwona Krawczyk—who also serve on the Polish-Taiwanese Parliamentarian Group. The two sides exchanged views on issues such as bilateral relations, economic and trade cooperation, and cultural exchanges.
     
    In his remarks, Minister Lin pointed out that the Polish-Taiwanese Parliamentarian Group was the largest group of its kind in the Sejm. He thanked members of the Polish parliament for their long-term support of Taiwan through concrete actions. Minister Lin said that cooperation between Taiwan and Poland in economics, trade, higher education, judicial matters, technology, and other domains had continued to deepen in recent years. He expressed hope that, building on the existing foundations, the two countries would further work together to strengthen interactions and exchanges. 
     
    Furthermore, Minister Lin announced that Taiwan had recently approved the import of fresh blueberries from Poland. Once final administrative procedures were completed, he said, the people of Taiwan would have the opportunity to enjoy high-quality Polish blueberries, benefiting both Polish farmers and Taiwanese consumers. Minister Lin also noted that Taiwan possessed a world-leading ICT sector while Poland had outstanding professional talent and production capacity, which presented opportunities for bilateral collaboration in artificial intelligence, drones, and advanced chips. Minister Lin said he looked forward to continued collaboration between the two countries to build resilient and democratic non-red supply chains.
     
    Mr. Horbatowski, who was visiting Taiwan for the first time, expressed his appreciation for Minister Lin’s invitation and said that he was impressed with Taiwan’s advanced political and economic development. He added that Poland, as a major exporter of agricultural products, welcomed Taiwan’s decision to approve fresh blueberry imports and added that he looked forward to continued cooperation in the agricultural and high-tech sectors to enhance the welfare of the people of both countries.
     
    Taiwan and Poland share the universal values of freedom and democracy. The Ministry of Foreign Affairs will continue to promote cooperation between the two nations in various fields so as to deepen their resilient partnership, create sustainable prosperity and well-being for the people of Taiwan and Poland, and uphold their hard-earned democratic achievements. (E)

    MIL OSI Asia Pacific News –

  • MIL-Evening Report: Interest rates are on hold at 3.85%, as the Reserve Bank opts for caution over mortgage relief

    Source: The Conversation (Au and NZ) – By Stella Huangfu, Associate Professor, School of Economics, University of Sydney

    Thurtell/Getty Images

    The Reserve Bank of Australia has kept the cash rate at 3.85%, after cutting it in February and May.

    Those earlier moves were aimed at supporting the economy as growth slowed and inflation eased. This time, however, the bank chose to pause, signalling a more cautious stance.

    The decision will be hard for the millions of mortgage holders and aspiring home owners who were hoping for a cut.

    But as the bank’s monetary policy board explained:

    the board judged that it could wait for a little more information to confirm that inflation remains on track to reach 2.5% on a sustainable basis.

    The decision surprised many. Financial markets had priced in a 90% chance of a rate cut and the big four banks – ANZ, Westpac, Commonwealth and NAB – had forecast an easing in July.

    On Tuesday afternoon Treasurer Jim Chalmers, would not be drawn on whether the bank had made the right decision but did say:

    it was not the result millions of Australians were hoping for or what the market was expecting.

    By holding steady, the bank is signalling it is not yet fully convinced inflation is returning to target and is prepared to wait for further evidence before cutting again.

    The bank also cautioned that uncertainty in the world economy remains elevated, with the final scope of trade tariffs yet to play out.

    What’s behind this surprise decision?

    The economy grew just 0.2% in the March quarter, with annual growth slowing to 1.3%. This was well below trend and even weaker than the 0.6% pace recorded in the December quarter. The data points to a clear loss of momentum.

    Consumer spending has also remained soft. Retail sales rose only 0.2% in May, following flat or falling results in the two previous months.

    Food spending declined, and sales of household goods were unchanged. Many households are still feeling the squeeze from high interest rates, rising living costs, and low confidence in the economy.

    Inflation has continued to ease. May’s inflation figures showed headline inflation falling to 2.1%, while the Reserve Bank’s preferred trimmed mean – dropped to 2.4% – the lowest since late 2021.

    The trimmed mean is a measure of underlying inflation that excludes the most extreme price changes (both increases and decreases) in the consumer price index basket to give a clearer picture of inflation trends.

    Price pressures have eased across both goods and services, with no signs of wage-driven or second-round inflation taking hold.

    Despite this, the bank decided to pause. While inflation is generally in line with its forecasts, the bank noted:

    the June quarter CPI [consumer price index] figures were slightly stronger than expected at the margin.

    With rates already cut twice this year and broader economic conditions evolving as expected, the Reserve Bank judged it could wait for more data before making its next move.

    What happens next?

    Markets still expect two more cuts this year – in August and November – which would bring the cash rate down to 3.35% by the end of 2025. But this depends on how inflation, wages and the job market evolve.

    Wage growth is slowing. Private sector wages rose 3.3% over the year to March, the slowest pace since mid-2022.

    The unemployment rate stayed at 4.1% in May, with little change in how many people are working or looking for jobs. The job market is still solid, but signs of slowing are emerging.

    The Reserve Bank is likely to move carefully. While inflation pressures have eased, the board wants to be sure prices stay within its 2 to 3% target band. It’s also keeping an eye on the housing market. Home prices rose 0.4% in June and are now up 4.6% over the year.

    That renewed strength, helped by earlier rate cuts and limited supply, could make future decisions more complicated.

    Global conditions still matter

    As the monetary policy board noted, “uncertainty in the world economy remains elevated”. Slowing global growth and fragile trade conditions are adding to the complexity of the bank’s task.

    In Europe, economic growth is expected to reach just 0.9% this year, well below historical norms.

    China’s recovery also remains uneven, despite authorities targeting 5% growth. Weak private investment and ongoing challenges in the property sector continue to weigh on momentum.

    Meanwhile, global trade has stalled. The World Trade Organization expects trade volumes to fall 0.2% this year as tensions and tariffs continue to disrupt supply chains. Ongoing trade threats between the United States and China are also hurting investment and weighing on key Australian exports like resources and education.

    Tuesday’s decision to hold the cash rate steady highlights the Reserve Bank’s cautious approach in a shifting economic environment.

    Growth is soft, inflation has eased back within the target band, and household spending remains under pressure. But with inflation data slightly stronger than expected, the bank is choosing to wait for more confirmation before cutting again.

    This isn’t a change in direction – it’s a pause for more information. The message remains clear: the Reserve Bank is prepared to act, but only when the data warrant it.

    Stella Huangfu does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Interest rates are on hold at 3.85%, as the Reserve Bank opts for caution over mortgage relief – https://theconversation.com/interest-rates-are-on-hold-at-3-85-as-the-reserve-bank-opts-for-caution-over-mortgage-relief-260310

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI China: Ninth China-Russia Expo held in Yekaterinburg, Russia

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

    Visitors learn about Chinese agricultural products at the ninth China-Russia Expo in Yekaterinburg, Russia, July 7, 2025. Chinese enterprises showcase products in sectors such as electromechanical equipment, agriculture, health care, the digital economy and new energy at the event. (Xinhua/Liu Kai)

    1   2   3   4   5   >  

    MIL OSI China News –

  • MIL-OSI: Himax Technologies, Inc. Schedules Second Quarter 2025 Financial Results Conference Call on Thursday, August 7, 2025, at 8:00 AM EDT

    Source: GlobeNewswire (MIL-OSI)

    TAINAN, Taiwan, July 08, 2025 (GLOBE NEWSWIRE) — Himax Technologies, Inc. (Nasdaq: HIMX) (“Himax” or “Company”), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced that it will hold a conference call with investors and analysts on Thursday, August 7, 2025, at 8:00 a.m. US Eastern Daylight Time and 8:00 p.m. Taiwan Time to discuss the Company’s second quarter 2025 financial results.

    HIMAX TECHNOLOGIES, INC. SECOND QUARTER 2025 EARNINGS CONFERENCE CALL
    DATE: Thursday, August 7, 2025 
    TIME: U.S.       8:00 a.m. EDT 
      Taiwan  8:00 p.m. 
         
    Live Webcast (Video and Audio):   http://www.zucast.com/webcast/jwY1jFiZ
         
    Toll Free Dial-in Number (Audio Only):
      Hong Kong 2112-1444
      Taiwan 0080-119-6666
      Australia 1-800-015-763
      Canada 1-877-252-8508
      China (1) 4008-423-888
      China (2) 4006-786-286
      Singapore 800-492-2072
      UK 0800-068-8186
      United States (1) 1-800-811-0860
      United States (2) 1-866-212-5567
    Dial-in Number (Audio Only):
      Taiwan Domestic Access 02-3396-1191
      International Access +886-2-3396-1191
         
    Participant PIN Code: 3321007 #  
         

    If you choose to attend the call by dialing in via phone, please enter the Participant PIN Code 3321007 # after the call is connected. A replay of the webcast will be available beginning two hours after the call on www.himax.com.tw. This webcast can be accessed by clicking on http://www.zucast.com/webcast/jwY1jFiZ or visiting Himax’s website, where it will remain available until August 7, 2026.

    About Himax Technologies, Inc.
    Himax Technologies, Inc. (NASDAQ: HIMX) is a leading global fabless semiconductor solution provider dedicated to display imaging processing technologies. The Company’s display driver ICs and timing controllers have been adopted at scale across multiple industries worldwide including TVs, PC monitors, laptops, mobile phones, tablets, automotive, ePaper devices, industrial displays, among others. As the global market share leader in automotive display technology, the Company offers innovative and comprehensive automotive IC solutions, including traditional driver ICs, advanced in-cell Touch and Display Driver Integration (TDDI), local dimming timing controllers (Local Dimming Tcon), Large Touch and Display Driver Integration (LTDI) and OLED display technologies. Himax is also a pioneer in tinyML visual-AI and optical technology related fields. The Company’s industry-leading WiseEye™ Ultralow Power AI Sensing technology which incorporates Himax proprietary ultralow power AI processor, always-on CMOS image sensor, and CNN-based AI algorithm has been widely deployed in consumer electronics and AIoT related applications. Himax optics technologies, such as diffractive wafer level optics, LCoS microdisplays and 3D sensing solutions, are critical for facilitating emerging AR/VR/metaverse technologies. Additionally, Himax designs and provides touch controllers, OLED ICs, LED ICs, EPD ICs, power management ICs, and CMOS image sensors for diverse display application coverage. Founded in 2001 and headquartered in Tainan, Taiwan, Himax currently employs around 2,200 people from three Taiwan-based offices in Tainan, Hsinchu and Taipei and country offices in China, Korea, Japan, Germany, and the US. Himax has 2,609 patents granted and 370 patents pending approval worldwide as of June 30, 2025.

    http://www.himax.com.tw

    Forward Looking Statements
    Factors that could cause actual events or results to differ materially from those described in this conference call include, but are not limited to, the effect of the Covid-19 pandemic on the Company’s business; general business and economic conditions and the state of the semiconductor industry; market acceptance and competitiveness of the driver and non-driver products developed by the Company; demand for end-use applications products; reliance on a small group of principal customers; the uncertainty of continued success in technological innovations; our ability to develop and protect our intellectual property; pricing pressures including declines in average selling prices; changes in customer order patterns; changes in estimated full-year effective tax rate; shortage in supply of key components; changes in environmental laws and regulations; changes in export license regulated by Export Administration Regulations (EAR); exchange rate fluctuations; regulatory approvals for further investments in our subsidiaries; our ability to collect accounts receivable and manage inventory and other risks described from time to time in the Company’s SEC filings, including those risks identified in the section entitled “Risk Factors” in its Form 20-F for the year ended December 31, 2024 filed with the SEC, as may be amended.

    Company Contacts:

    Karen Tiao, Head of IR/PR
    Himax Technologies, Inc.
    Tel: +886-2-2370-3999
    Fax: +886-2-2314-0877
    Email: hx_ir@himax.com.tw
    www.himax.com.tw

    Mark Schwalenberg, Director
    Investor Relations – US Representative
    MZ North America
    Tel: +1-312-261-6430
    Email: HIMX@mzgroup.us
    www.mzgroup.us

    The MIL Network –

  • MIL-OSI Africa: The South Sudan People’s Defense Forces (SSPDF) General Court Martial in Western Bahr el Ghazal concludes

    Source: APO


    .

    A General Court Martial, supported by the South Sudan People’s Defense Forces, concluded in Wau, Western Bahr el Ghazal, on 5 July. It was preceded by two investigation missions to Wau and Jur River counties where 34 pending cases were reviewed.

    Subsequently, the military court adjudicated 20 criminal cases, convicting nine members of the SSPDF, stripping them of their ranks and dismissing them from military service.

    Notably, the General Court Martial delivered verdicts on two cases related to sexual and gender-based violence, resulting in convictions of seven and 10 years, respectively. Additionally, a conflict related sexual violence case involving multiple assailants and an underage victim was adjudicated, a first of its kind for such military court martials in South Sudan.

    The highest-ranking member of the SSPDF convicted was a Lieutenant Colonel, for the loss of a weapon. Two civilians in detention were released from military custody since they do not fall within the jurisdiction of a military court, while another civilian on trial for killing two SSPDF soldiers was sentenced to two years imprisonment and ordered to pay 62 heads of cattle or a monetary equivalent as blood compensation to the victims’ families. 

    The Court also heard six  cases involving conflict related crimes committed during clashes in February 2025 in Kwajiena village, Jur River county. A lack of identification of assailants by victims, despite strong testimonies, did not lead to prosecutorial action in this regard. However, the hearing resulted in a directive to the state government to award financial compensation to all victims in accordance with South Sudan’s civil procedure code.

    The General Court Martial team included two female judge-advocates to ensure that both female and male victims and witnesses were supported during the process. All victims also had access to two civilian victims’ counsel, who provided free legal advice and actively participated in the proceedings to protect victim rights and help them navigate the justice process. 

    This military court was followed by a civil-military dialogue in Wau with a focus on joint efforts to combat sexual violence. The aim was to strengthen trust between uniformed personnel and communities, as well as obtain real time feedback on the impact of such military justice interventions on host populations.

    The Wau General Court Martial was funded by the generous support of the Royal Norwegian Embassy in Juba. In particular, it builds on the work of similar military proceedings that took place in Wau in  2022, which resulted in convictions of eight members of the SSPDF for murder. The convicted soldiers were stripped of their ranks and dismissed from the SSPDF.

    As part of its ongoing efforts to strengthen justice mechanisms and rule of law processes, the United Nations Mission in South Sudan (UNMISS) also provided funding for victims and witnesses to receive psychosocial support before, during, and after trial.

    Distributed by APO Group on behalf of United Nations Mission in South Sudan (UNMISS).

    MIL OSI Africa –

  • Indian markets open cautiously higher amid Trump tariff concerns; IT and banking stocks lead gains

    Source: Government of India

    Source: Government of India (4)

    Indian stock markets opened on a cautious note on Tuesday as investors weighed fresh tariff measures announced by US President Donald Trump. While concerns lingered, traders appeared to adopt a “wait and watch” approach, looking for more clarity on the evolving situation.

    Around 9:30 am, the Sensex was trading 91.57 points, or 0.11 per cent higher, at 83,534.07, while the Nifty 50 rose 22.25 points, or 0.09 per cent, to 25,483.55.

    Buying interest was seen in IT, PSU banks and financial services stocks. Analysts noted that while the US announced unilateral tariffs on 14 countries, India’s exclusion from the list has fuelled expectations of an imminent trade agreement between India and the US.

    “This has already been largely priced in by the market. The focus now shifts to the details, especially any sector-specific tariffs that could impact segments like pharmaceuticals. The market’s reaction will hinge on these finer points,” said Dr VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

    In the previous session, the Nifty had ended marginally higher, forming a green candlestick that followed a bullish hammer pattern — a positive technical signal, according to market watchers.

    “A sustained move above 25,500 could open the door for a further rally towards 25,750. On the downside, immediate support levels are seen at 25,222 and 25,120, which could act as fresh entry points for long positions,” said Mandar Bhojane, Technical Analyst at Choice Broking.

    In early trade, the Nifty Bank index climbed 203 points, or 0.36 per cent, to 57,152.20. The Nifty Midcap 100 index was up 91 points, or 0.15 per cent, at 59,606.75, while the Nifty Smallcap 100 gained 85.70 points, or 0.45 per cent, to reach 19,035.85.

    Within the Sensex pack, Kotak Mahindra Bank, Eternal, Tata Motors, BEL, Adani Ports, NTPC, Asian Paints and UltraTech Cement were among the top gainers. On the flip side, Titan, HCL Tech, Bharti Airtel, M&M and Sun Pharma were trading in the red.

    On the institutional front, foreign institutional investors (FIIs) bought equities worth Rs 321.16 crore on July 7, while domestic institutional investors (DIIs) purchased shares worth Rs 1,853.39 crore on the same day, reflecting continued domestic support.

    In broader Asian markets, Seoul, Hong Kong, Japan, China and Jakarta were trading in positive territory, while Bangkok was the only key market in the region trading lower.

    Overnight in the US, the Dow Jones Industrial Average closed 422.17 points, or 0.94 per cent lower, at 44,406.36. The S&P 500 lost 49.37 points, or 0.79 per cent, to settle at 6,229.98, and the Nasdaq dropped 188.59 points, or 0.92 per cent, ending at 20,412.52.

    (ANI)

  • MIL-OSI Australia: Interest rates decision

    Source: Australian Parliamentary Secretary to the Minister for Industry

    Today the independent Reserve Bank left interest rates on hold at 3.85 per cent.

    It’s not the result millions of Australians were hoping for or what the market was expecting.

    We have made substantial and sustained progress on inflation which is why interest rates have already been cut twice in five months this year.

    We’ve seen elsewhere that when central banks cut rates, they don’t always cut at every meeting.

    The RBA has indicated the direction of travel on inflation and interest rates has been established.

    The latest monthly inflation figures showed that both headline and underlying inflation were in the bottom half of the Reserve Bank of Australia’s target band for the first time since August 2021.

    Underlying monthly inflation has been in the RBA’s target band for six consecutive months and is at its lowest level since November 2021.

    On the official quarterly figures, both headline and underlying inflation has already returned to the RBA’s target band for the first time since 2021.

    Headline inflation was 6.1 per cent when we came to office, it’s now 2.4 per cent.

    Under Labor, inflation is down substantially, real wages are up, unemployment is low, our economy is growing, and interest rates have come down twice, but the job’s not done because people are still under pressure.

    Our economic plan is all about easing the cost of living and getting on top of inflation while maintaining jobs and that’s what we’re seeing in our economy.

    Unlike other countries that have faced recessions and job losses, we’ve managed to get inflation down without sacrificing the gains we’ve made in our labour market.

    We recognise that people are still under pressure and there’s more work to do in our economy and that’s why the cost‑of‑living relief that we’re rolling out right now is so important.

    The global economy is uncertain and unpredictable but the progress we’ve made together means we’re well placed and well prepared to weather the storm.

    We are managing this difficult global environment at the same time as we are building a more sustainable, productive and resilient economy.

    MIL OSI News –

  • MIL-OSI USA: First Partner meets with farm communities, immigrant support groups in the Inland Empire

    Source: US State of California Governor

    Jul 7, 2025

    Perris, California — On June 18, 2025, the First Partner visited the Inland Empire to meet with California communities impacted by the Trump Administration’s federal immigration raids. 

    The First Partner visited TODEC, a local nonprofit organization that’s become a lifeline for immigrant families, offering legal support, food distribution, social services, and mental health resources for those in need. Staff and families impacted by the federal immigration raids gathered to share their stories. Later in the day, the First Partner and the TODEC team dropped food donations to farmworkers fearful of leaving their homes due to ongoing and indiscriminate ICE raids.

    “I listened to accounts from grandmothers, mothers, and children—of families afraid of leaving their homes, fathers who committed suicide because they were unable to work. This is a campaign of terror on American soil—aimed at some of the hardest working people on earth—and the farms who supply our nation’s food. In addition to being morally unconscionable, the actions of the federal administration are economically disastrous. California is the world’s fifth largest producer of agricultural products. That doesn’t happen without the hands, the hearts, and the labor of immigrant workers.”

    Jennifer Siebel Newsom

    “We’re grateful for the First Partner’s compassion and for showing up for this community. She listened and saw firsthand the suffering these families are enduring, but also saw their resilience. At a time when too many are turning away from what is happening here, she is leaning in.”

    Luz Gallegos, Executive Director, TODEC.

    For almost 40 years, TODEC has been a hub for healing, organizing, advocacy, and community transformation led by the people who live and work in rural Inland communities. TODEC has operated a 24/7crisis hotline for the past 30 years and provides connection to mental health supports, home-based deliveries of groceries, medicine, other essential needs, financial assistance for families in dire need, and more.

    In addition to supporting local residents with affirmative immigration remedies and other legal services, the organization has been a longtime supporter of commonsense immigration reforms dating back to the Reagan Administration—advocating for legal pathways that allow people to safely live, work, and continue contributing in California.

    The First Partner is an advocate for California’s farmers and agricultural communities. She helped architect California’s nation-leading Farm to School program, which now provides healthy meals to nearly half of the state’s school children by working with local organic farms. She also championed the Universal Meals program, which ensures that all Californian students have access to two free school meals each day that are delicious, nutritious, and locally-sourced. 

    The First Partner is a leading advocate for the mental health and well-being of all Californian children. Under the leadership of Governor Gavin Newsom and First Partner Jennifer Siebel Newsom, California has invested billions in the California Youth Behavioral Health Initiative to ensure that mental health services are available, affordable, and accessible to youth whenever they need support, wherever they may be. Through this initiative, children and their families can access free online behavioral health services (BrightLife Kids, Soluna, Mirror), video and print resources (California Positive Parenting, Thriving Kids and California Healthy Minds, Thriving Kids), and online training to recognize and respond to trauma and stress in kids (Safe Spaces). These resources are available at no-cost in Spanish and English language.

    First Partner, Press releases

    Recent news

    Jul 7, 2025

    News SACRAMENTO – Governor Gavin Newsom today announced the deployment of skilled Urban Search and Rescue Team members to Texas to assist with ongoing response efforts related to severe flooding impacts. “California stands with all those who have lost loved ones,…

    Jul 7, 2025

    News What you need to know: California added area the equivalent of Glacier National Park to its conserved lands and coastal waters in just the last year – marking significant progress toward its goal of 30% conservation by 2030. SACRAMENTO – Governor Gavin Newsom…

    Jul 7, 2025

    News SACRAMENTO – Governor Gavin Newsom today announced the following appointments: Thanne Berg, of Albany, has been appointed Deputy Director of Site Mitigation and Restoration Program at the California Department of Toxic Substances Control. Berg has been Acting…

    MIL OSI USA News –

  • MIL-OSI USA: First Partner meets with farm communities, immigrant support groups in the Inland Empire

    Source: US State of California Governor

    Jul 7, 2025

    Perris, California — On June 18, 2025, the First Partner visited the Inland Empire to meet with California communities impacted by the Trump Administration’s federal immigration raids. 

    The First Partner visited TODEC, a local nonprofit organization that’s become a lifeline for immigrant families, offering legal support, food distribution, social services, and mental health resources for those in need. Staff and families impacted by the federal immigration raids gathered to share their stories. Later in the day, the First Partner and the TODEC team dropped food donations to farmworkers fearful of leaving their homes due to ongoing and indiscriminate ICE raids.

    “I listened to accounts from grandmothers, mothers, and children—of families afraid of leaving their homes, fathers who committed suicide because they were unable to work. This is a campaign of terror on American soil—aimed at some of the hardest working people on earth—and the farms who supply our nation’s food. In addition to being morally unconscionable, the actions of the federal administration are economically disastrous. California is the world’s fifth largest producer of agricultural products. That doesn’t happen without the hands, the hearts, and the labor of immigrant workers.”

    Jennifer Siebel Newsom

    “We’re grateful for the First Partner’s compassion and for showing up for this community. She listened and saw firsthand the suffering these families are enduring, but also saw their resilience. At a time when too many are turning away from what is happening here, she is leaning in.”

    Luz Gallegos, Executive Director, TODEC.

    For almost 40 years, TODEC has been a hub for healing, organizing, advocacy, and community transformation led by the people who live and work in rural Inland communities. TODEC has operated a 24/7crisis hotline for the past 30 years and provides connection to mental health supports, home-based deliveries of groceries, medicine, other essential needs, financial assistance for families in dire need, and more.

    In addition to supporting local residents with affirmative immigration remedies and other legal services, the organization has been a longtime supporter of commonsense immigration reforms dating back to the Reagan Administration—advocating for legal pathways that allow people to safely live, work, and continue contributing in California.

    The First Partner is an advocate for California’s farmers and agricultural communities. She helped architect California’s nation-leading Farm to School program, which now provides healthy meals to nearly half of the state’s school children by working with local organic farms. She also championed the Universal Meals program, which ensures that all Californian students have access to two free school meals each day that are delicious, nutritious, and locally-sourced. 

    The First Partner is a leading advocate for the mental health and well-being of all Californian children. Under the leadership of Governor Gavin Newsom and First Partner Jennifer Siebel Newsom, California has invested billions in the California Youth Behavioral Health Initiative to ensure that mental health services are available, affordable, and accessible to youth whenever they need support, wherever they may be. Through this initiative, children and their families can access free online behavioral health services (BrightLife Kids, Soluna, Mirror), video and print resources (California Positive Parenting, Thriving Kids and California Healthy Minds, Thriving Kids), and online training to recognize and respond to trauma and stress in kids (Safe Spaces). These resources are available at no-cost in Spanish and English language.

    First Partner, Press releases

    Recent news

    Jul 7, 2025

    News SACRAMENTO – Governor Gavin Newsom today announced the deployment of skilled Urban Search and Rescue Team members to Texas to assist with ongoing response efforts related to severe flooding impacts. “California stands with all those who have lost loved ones,…

    Jul 7, 2025

    News What you need to know: California added area the equivalent of Glacier National Park to its conserved lands and coastal waters in just the last year – marking significant progress toward its goal of 30% conservation by 2030. SACRAMENTO – Governor Gavin Newsom…

    Jul 7, 2025

    News SACRAMENTO – Governor Gavin Newsom today announced the following appointments: Thanne Berg, of Albany, has been appointed Deputy Director of Site Mitigation and Restoration Program at the California Department of Toxic Substances Control. Berg has been Acting…

    MIL OSI USA News –