Category: Economy

  • Russia pounds Kyiv with largest drone attack, hours after Trump-Putin call

    Source: Government of India

    Source: Government of India (4)

    Russia pummelled Kyiv with the largest drone attack of the war, injuring at least 23 people and damaging buildings across the capital only hours after U.S. President Donald Trump spoke with Russia’s Vladimir Putin, officials said on Friday.

    Air raid sirens, the whine of kamikaze drones and booming detonations reverberated from early evening until dawn as Russia launched what Ukraine’s Air Force said was a total of 539 drones and 11 missiles.

    Residents huddled with families in underground metro stations for shelter. Acrid smoke hung over the city centre.

    President Volodymyr Zelenskiy, who is due to speak to Trump later on Friday about the war and a U.S. pause in some deliveries of air defence missiles, called the attack “deliberately massive and cynical.”

    “Notably, the first air raid alerts in our cities and regions yesterday began to blare almost simultaneously with media reports discussing a phone call between President Trump and Putin,” Zelenskiy said on X.

    “Yet again, Russia is showing it has no intention of ending the war and terror,” he added, calling for increased pressure on Russia and more air defence equipment.

    Kyiv officials said the attack damaged about 40 apartment blocks, passenger railway infrastructure, five schools and kindergartens, cafes and many cars in six of Kyiv’s 10 districts. Poland said the consular section of its embassy was damaged in central Kyiv, adding that staff were unharmed.

    Mayor Vitali Klitschko said on Telegram that fourteen of the injured were hospitalised.

    Ukraine’s state-owned railway Ukrzaliznytsia, the country’s largest carrier, said on Telegram that the attack on Kyiv forced them to divert a number of passenger trains, causing delays.

    Damage was recorded on both sides of the wide Dnipro River bisecting the city and falling drone debris set a medical facility on fire in the leafy Holosiivskyi district, Klitschko said.

    Russian air strikes on Kyiv have intensified in recent weeks and included some of the deadliest assaults of the war on the city of three million people.

    CALL FOR SANCTIONS

    Trump said that the call with Russian President Vladimir Putin on Thursday resulted in no progress at all on efforts to end the war, while the Kremlin reiterated that Moscow would keep pushing to solve the conflict’s “root causes”.

    A decision by Washington earlier this week to halt some shipments of critical weapons to Ukraine prompted warnings by Kyiv that the move would weaken its ability to defend against intensifying airstrikes and battlefield advances.

    On Friday, Zelenskiy called for increased pressure on Moscow to change its “dumb, destructive behavior”.

    “For every such strike against people and human life, they must feel appropriate sanctions and other blows to their economy, their revenues, and their infrastructure,” he said.

    SHELTERED

    Ukraine’s Air Force said that it destroyed 478 of the air weapons Russia launched overnight. However air strikes were recorded in eight locations across the country with nine missiles and 63 drones, it added.

    Social media videos showed people running to seek shelter, firefighters fighting blazes in the dark and ruined buildings with windows and facades blown out.

    Both sides deny targeting civilians in the war that Russia launched with a full-scale invasion of Ukraine in February 2022. Thousands of civilians have died in the conflict, the vast majority of them Ukrainian. Many more soldiers are believed to have died on the frontlines, although neither side releases military casualty figures.

    Late on Thursday, Russian shelling killed five people in and near the eastern Ukrainian city of Pokrovsk, a key target under Russian attack for months, Ukraine said.

    (Reuters)

  • Russia pounds Kyiv with largest drone attack, hours after Trump-Putin call

    Source: Government of India

    Source: Government of India (4)

    Russia pummelled Kyiv with the largest drone attack of the war, injuring at least 23 people and damaging buildings across the capital only hours after U.S. President Donald Trump spoke with Russia’s Vladimir Putin, officials said on Friday.

    Air raid sirens, the whine of kamikaze drones and booming detonations reverberated from early evening until dawn as Russia launched what Ukraine’s Air Force said was a total of 539 drones and 11 missiles.

    Residents huddled with families in underground metro stations for shelter. Acrid smoke hung over the city centre.

    President Volodymyr Zelenskiy, who is due to speak to Trump later on Friday about the war and a U.S. pause in some deliveries of air defence missiles, called the attack “deliberately massive and cynical.”

    “Notably, the first air raid alerts in our cities and regions yesterday began to blare almost simultaneously with media reports discussing a phone call between President Trump and Putin,” Zelenskiy said on X.

    “Yet again, Russia is showing it has no intention of ending the war and terror,” he added, calling for increased pressure on Russia and more air defence equipment.

    Kyiv officials said the attack damaged about 40 apartment blocks, passenger railway infrastructure, five schools and kindergartens, cafes and many cars in six of Kyiv’s 10 districts. Poland said the consular section of its embassy was damaged in central Kyiv, adding that staff were unharmed.

    Mayor Vitali Klitschko said on Telegram that fourteen of the injured were hospitalised.

    Ukraine’s state-owned railway Ukrzaliznytsia, the country’s largest carrier, said on Telegram that the attack on Kyiv forced them to divert a number of passenger trains, causing delays.

    Damage was recorded on both sides of the wide Dnipro River bisecting the city and falling drone debris set a medical facility on fire in the leafy Holosiivskyi district, Klitschko said.

    Russian air strikes on Kyiv have intensified in recent weeks and included some of the deadliest assaults of the war on the city of three million people.

    CALL FOR SANCTIONS

    Trump said that the call with Russian President Vladimir Putin on Thursday resulted in no progress at all on efforts to end the war, while the Kremlin reiterated that Moscow would keep pushing to solve the conflict’s “root causes”.

    A decision by Washington earlier this week to halt some shipments of critical weapons to Ukraine prompted warnings by Kyiv that the move would weaken its ability to defend against intensifying airstrikes and battlefield advances.

    On Friday, Zelenskiy called for increased pressure on Moscow to change its “dumb, destructive behavior”.

    “For every such strike against people and human life, they must feel appropriate sanctions and other blows to their economy, their revenues, and their infrastructure,” he said.

    SHELTERED

    Ukraine’s Air Force said that it destroyed 478 of the air weapons Russia launched overnight. However air strikes were recorded in eight locations across the country with nine missiles and 63 drones, it added.

    Social media videos showed people running to seek shelter, firefighters fighting blazes in the dark and ruined buildings with windows and facades blown out.

    Both sides deny targeting civilians in the war that Russia launched with a full-scale invasion of Ukraine in February 2022. Thousands of civilians have died in the conflict, the vast majority of them Ukrainian. Many more soldiers are believed to have died on the frontlines, although neither side releases military casualty figures.

    Late on Thursday, Russian shelling killed five people in and near the eastern Ukrainian city of Pokrovsk, a key target under Russian attack for months, Ukraine said.

    (Reuters)

  • MIL-OSI Africa: CPF training workshops in selected high crime areas

    Source: Government of South Africa

    The South African Police Service says it will be undertaking assessments to determine the effectiveness of established Community Safety Forums (CSFs) and Community Policing Forums (CPFs).

    The police will also provide training workshops which will be conducted in selected high crime rate areas to equip CPF members to support policing and crime prevention efforts.

    This is according to Deputy Minister of Police Cassel Mathale who was speaking during the Budget Vote debate on Friday.

    Community Policing Forums were set up to involve all local stakeholders and key organisations in local policing. They meet regularly with the officers in charge of the local police station and discuss problems and solutions to crime in their area.

    Providing an update on the work of the Ministry, the Deputy Minister said the Civilian Secretariat for Police (CSPS) developed the Integrated Crime and Violence Prevention Strategy (ICVPS), which was approved by Cabinet and “remains one of the apex strategic interventions to reduce violence and crime in a holistic approach in all spheres of government”.

    The CSPS has developed the National Policing Policy (NPP), which was approved by Cabinet on 14 May 2025 to address challenges such as inadequate police stations, capacity issues and ensure that infrastructure is based on proper norms and standards.  

    The NPP also makes provisions for creating professional and quality policing; providing efficient and effective policing service delivery; improving legitimacy and trust between communities and the police; building a strong and ethical leadership, management and governance architecture within the SAPS.

    “Honourable members, this is a significant policy shift in the South African Policing landscape.

    “CSPS will also focus on the finalisation of the Policy on Familial DNA Searches (FDS), which gives effect to Section 15M of the Criminal Law (Forensic Procedures) Amendment Act 37 of 2013. The FDS is a forensic technique employed by law enforcement agencies to identify genetic relatedness among DNA profiles in forensic databases.

    “In addition, the CSPS will enhance the monitoring of the Forensic Science Laboratories with a view of ensuring that processing of exhibits is done timeously and challenges are identified on time and resolved efficiently. The effective laboratory services contribute to the quick resolutions of court cases, thus ensuring that victims of crime receive justice,” said Mathale.

    As a legislative and policy wing of the Ministry of Police, the CSPS will introduce two Bills in Parliament in 2025/26 financial year. These are the South African Police Amendment Bill and the Firearms Control Amendment Bill.

    Mathale said the Ministry of Police has entered into partnerships with critical stakeholders to enhance police performance through cooperation agreements with provinces and municipalities – aimed at sharing a vision for safety and security within cities and communities.

    “Various initiatives, programmes and strategies through these agreements will be implemented in the medium term. To date, four provinces and their respective metros have signed the aforesaid cooperation agreements namely; Eastern Cape, Gauteng, KwaZulu-Natal and Western Cape.”

    In an effort to contribute to the effective implementation of the National Strategic Plan (NSP) on gender-based violence and femicide (GBVF), the CSPS will continue to conduct the following initiatives:

    –    Monitoring of SAPS compliance to and implementation of the Domestic Violence Act;
    –    Oversight visits over the top 30 police stations with high levels of GBV related crimes (nationally);
    –    Court watching briefs to identify systemic issues that lead to the withdrawal of GBVF related cases – with particular focus on police responsibilities; and
    –    Awareness campaigns involving community and faith-based organisations, institutions of higher learning and other government departments.

    “In order to deliver effectively on the mandate of the CSPS, the department is allocated a total budget of R172 245 million for the 2025/26 financial year. This is an increase of R16.281 million from the adjusted budget of R155.964 million for 2024/25 financial year and includes an inflation adjustment and R9.187 additional funding for Compensation of Employees.

    “This increase is for the filling of the two posts of Deputy Directors-General and their support staff as well as the cost of living adjustment for 2025/26. The micro organisational structure is being reviewed in order to increase capacity in line with the departmental strategy and mandates,” said the Deputy Minister. – SAnews.gov.za

    MIL OSI Africa

  • MIL-OSI Africa: Austrian State Visit an opportunity to strengthen relations

    Source: Government of South Africa

    The State Visit to South Africa by Austria President Alexander van der Bellen and his delegation presents an opportunity for the two countries to deepen trade and investment relations.

    This according to President Cyril Ramaphosa who welcomed the delegation at the Union Buildings on Friday morning.

    In his opening remarks, President Ramaphosa described the visit as a “new chapter in relations”.

    “Through the bilateral consultations we have maintained cordial relations rooted in mutual respect, shared values and a common commitment to multilateralism. We are also committed to deepening investment and trade between our two countries.

    “South Africa is Austria’s largest economic and trade partner in Africa. Our country accounts for almost a third of Austria’s total exports to the continent. There are more than 70 Austrian companies with subsidiaries or agencies in South Africa across a range of sectors.

    “There is significant potential to deepen investment and trade links in areas such as the green economy, energy, manufacturing, infrastructure development and tourism,” President Ramaphosa said.

    He highlighted the two countries’ commitment to a transition towards low carbon climate economies – noting the European country’s move towards green hydrogen which South Africa is also pursuing.

    “As South Africa strives to achieve energy security through investment in renewable and clean energy, we look forward to expanding our cooperation with Austria.

    “We noted with interest the launch of Austria’s first green hydrogen production facility in 2023. We are eager to share our Green Hydrogen Economy Strategy and explore avenues for cooperation,” he said.

    The global environment

    President Ramaphosa noted that the state visit takes place at a time of “heightened global insecurity, exacerbated by geopolitical tensions, the climate emergency and conflicts in many parts of the world”.

    “These events reinforce the need for multilateralism to remain at the centre of world affairs. They further underscore the need for the urgent reform of the institutions of global governance, including the United Nations Security Council.

    “South Africa and Austria share a common commitment to a world free of conflict and war, where sustainable development is a reality for all,” he said.

    The President reflected on South Africa’s presidency of the Group of 20 (G20) under the theme ‘Solidarity, Equality and Sustainability’.

    “It reflects our commitment to advancing the African Agenda, multilateral cooperation and the interests of all countries and peoples.

    “Austria is a valued partner of South Africa and we look forward to taking this partnership to even greater heights,” President Ramaphosa concluded.

    The state visit will culminate in the South Africa-Austria Business Forum to be held later on Fridaya. – SAnews.gov.za
     

    MIL OSI Africa

  • MIL-Evening Report: Palestine protesters target NZ businesses ‘complicit’ with Israel’s Gaza genocide

    Asia Pacific Report

    Protesters against the Israeli genocide in Gaza and occupied West Bank targeted three business sites accused of being “complicit” in Aotearoa New Zealand today.

    The Palestine Solidarity Network Aotearoa’s “End Rocket Lab Genocide Complicity” themed protest picketed Rocket Lab’s New Zealand head office in Mt Wellington.

    Simultaneously, protesters also picketed a site in Warkworth where Rocket Lab equipment is built and Mahia peninsula where satellites are launched.

    In a statement on the PSNA website, it was revealed this week that the advocacy group’s lawyers have prepared a 103-page “indictment” against two business leaders, including the head of Rocket Lab, along with four politicians, including Prime Minister Christopher Luxon.

    They have been referred to the International Criminal Court (ICC) in The Hague for investigation on an accusation of complicity with Israel’s genocide in Gaza.

    Rocket Lab chief executive Sir Peter Beck is one of the six people named in the legal brief.

    “Rocket Lab has recently launched geospatial intelligence satellites for BlackSky Technology,” said PSNA co-chair John Minto in a statement.

    High resolution images
    “These satellites provide high resolution images to Israel which are very likely used to assist with striking civilians in Gaza. Sir Peter has proceeded with these launches in full knowledge of these circumstances”

    A “Genocide Lab” protest against Rocket Lab in Mt Wellington today. Image: PSNA

    “When governments and business leaders can’t even condemn a genocide then civil society groups must act.”

    The other business leader named is Rakon Limited chief executive officer Dr Sinan Altug.

    “Despite vast weapons transfers from the United States to Israel since the beginning of its war on Gaza, Rakon has continued with its longstanding supply of crystal oscillators to US arms manufacturers for use in guided missiles which are then available to Israel for the bombing of Gaza, as well as Lebanon, Syria, Yemen and Iran with consequential massive loss of life,” Minto said.

    “Rakon’s claims that it has no responsibility over how these ‘dual-use’ technologies are used are not credible.”

    Rocket Lab and Rakon have in the past rejected claims over their responsibility.

    Speakers at Mount Wellington included the Green Party spokesperson for foreign affairs Teanau Tuiono; Dr Arama Rata, a researcher and lecturer from Victoria University; and Sam Vincent, the legal team leader for the ICC referral.

    Law academic Professor Jane Kelsey spoke at the Warkworth picket.

    Amnesty International, Human Rights Watch, leading international scholars and the UN Special Committee to investigate Israel’s practices have all condemned Israel’s actions as genocide.

    Protesters against Rocket Lab’s alleged complicity with Israel’s genocide in Gaza today. Image: Del Abcede/APR

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI United Kingdom: Millions of leaseholders backed with strengthened rights

    Source: United Kingdom – Executive Government & Departments

    Press release

    Millions of leaseholders backed with strengthened rights

    Leaseholders to be better protected and more able to challenge excessive service charges to address cost of living concerns

     Millions of leaseholders will receive stronger rights, powers and protections to better challenge extortionate service charges thanks to major reforms to the feudal leasehold system.

    Leaseholders are required to pay a service charge to cover the upkeep of shared areas in their building, however in too many cases they are left facing very unclear and unaffordable fees. 

    By switching on measures in the Leasehold and Freehold Reform Act 2024, almost five million leaseholders in England and Wales will receive the transparency they need to hold their landlords to account and easily challenge these costs. 

    Leaseholders will receive standardised service charge documentation, which will spell out clear and detailed information about how their service charges are calculated and spent. 

    This will make it easier for them to challenge unreasonable bills and potentially save money where expenses are unjustified, with further reforms to stop them having to automatically pay for landlords’ litigation costs even where they have won their case.

    Housing and Planning Minister, Matthew Pennycook said:

    “The cost of living remains a pressing concern for leaseholders and many are struggling financially as a result of high and rising service charges, and other opaque and excessive leasehold costs. 

    “This bold package of reforms will arm leaseholders with greater rights and protections and empower them to challenge poor practice and unreasonable charges and fees – driving up leaseholder living standards as we work to bring the feudal leasehold system to an end as part of our Plan for Change.” 

    Demands for service charges are currently only required by law to include a limited amount of details, which can leave leaseholders in the dark over what services or works make up their bill.

    This can leave leaseholders at risk of being overcharged for poor quality work, or out of pocket for work that has not been carried out in some of the worst cases, on top of existing cost of living pressures.

    The government is today (Friday) pushing ahead to implement these reforms and is consulting over the best way forward to ensure they are robust, workable and protect leaseholders effectively. 

    Queries about service charges accounted for one in three of all enquiries to the Leasehold Advisory Service (LEASE) last year, showing the need for the government to act and drive-up transparency.  

    Further reforms – in addition to measures in the Act – will see the Section 20 ‘major works’ process improved to ensure leaseholders are not hit by one-off, unexpected and very large bills with little or no notice as is the case currently. LEASE will shortly be publishing an insight report into the challenges currently experienced by leaseholders going through this process.  

    Other measures will give leaseholders the power to demand a switch or veto a landlord’s choice of managing agent and introduce mandatory qualifications for the role to stamp out bad practice in line with Lord Best’s 2019 recommendations. This reform will ensure all managing agents have the knowledge and skills they need to do their jobs effectively, and put an end to leaseholders and residential freeholders suffering abuse and poor service.

    These reforms will help drive up living standards in our Plan for Change and complement work to bring the feudal leasehold system to an end and make commonhold the default for new flats, ahead of publication of a draft Leasehold and Commonhold Reform Bill later this year.   

    Key points being consulted on:    

    • Better service charge transparency, including new standardised service charge demand forms, annual reports, service charge accounts and administration charges   
    • Improving buildings insurance transparency, including what information should be provided to leaseholders, so they have assurance they are getting fair value and are better able to challenge any unreasonable insurance charges   
    • Rebalancing the litigation costs regime and removing barriers for leaseholders to challenge their landlord   
    • Reforming the section 20 ‘major works’ procedure that leaseholders must go through when they face large bills for such works   
    • Considering the case for greater protections for leaseholders paying fixed service charges, protections for client money, or improvements to the process for appointing a manager in cases of serious management failure   
    • Opportunities to encourage the provision of information and services digitally to be more accessible and reduce costs, but also ensuring safeguards so that all leaseholders receive the information they need   
    • Introducing mandatory qualifications for managing agents to ensure that all agents have the knowledge and skills they need to provide a good service for leaseholders.

    Notes to editors:   

    • The consultation can be found here: Strengthening leaseholder protections over charges and services: consultation – GOV.UK
    • In 2023-24, leaseholders paid an average service charge of £1,720 per annum for the maintenance of the building and communal areas in addition to their other property costs such as mortgage and utilities. This is the equivalent to an average weekly amount of £33 (EHS, 2023-24)      
    • Queries about service charges account for 1 in 3 of all enquiries (10,319 out of 34,517) to the Leasehold Advisory Service (LEASE, 2024)    
    • The Financial Conduct Authority found an average increase of 125% in insurance charges in blocks of flats between 2016 and 2021. (FCA, 2022)

    Updates to this page

    Published 4 July 2025

    MIL OSI United Kingdom

  • MIL-OSI Russia: Jiamusi City to Speed Up Practical Cooperation Between Local Governments of China and Russia

    Translation. Region: Russian Federal

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

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

    BEIJING, July 4 (Xinhua) — Jiamusi City in northeast China’s Heilongjiang Province will speed up practical cooperation between local governments of China and Russia, Mayor Wang Te said during a meeting with a Russian delegation on Thursday.

    According to the website of the Heilongjiang Provincial Government, Wang Tie, on behalf of the Jiamusi City Government, warmly welcomed the Russian delegation. According to him, Jiamusi is currently actively implementing the important agreements between the heads of state of the two countries and actively serves the cause of “selling Chinese goods throughout Russia and buying Russian goods for all of China”, which provides important opportunities and ample space for strengthening cooperation between the two sides.

    He expressed the hope that the two sides would continue to strengthen exchanges between local governments, establish a mechanism for regular meetings with Komsomolsk-on-Amur, Sakhalin Oblast, Vladivostok, Kamchatka Krai and other regions, accelerate practical cooperation, expand the scope and introduce new models of cooperation, and make every effort to promote cooperation in broader areas and at a deeper level.

    The members of the Russian delegation unanimously stated that over the years, a number of fruitful works have been carried out jointly with Jiamusi in the fields of economy, culture, education, sports and tourism. They expressed hope that this meeting will become an opportunity to further deepen exchanges with Jiamusi, actively seek more joint projects, so as to give new strength and new impetus to the development of China-Russia relations.

    MIL OSI Russia News

  • MIL-OSI United Kingdom: Just one week to go until new city centre cinema opens in Wolverhampton

    Source: City of Wolverhampton

    The newly refurbished four-screen venue, inside the historic Grade II-listed Chubb Building, will be showing its first films from Friday 11 July.

    Keep an eye on the Lockworks Cinema website to find out when the first tickets will go on sale.

    Experienced independent commercial operator, PDJ, has converted the 8,000sqft council-owned space from an out-dated two-screen venue to a state-of-the-art facility.

    They have recruited locally for the three permanent and 20 part-time jobs created.

    PDJ already run successful cinemas in Worthing (The Dome Cinema), Kings Lynn (The Majestic Cinema) and Lytham St Annes (Island Cinema), and recently reopened the former Empire Cinemas in Walthamstow (Forest Cinemas) and Sutton Coldfield (Royal Cinema).

    They and the council have made a £2million joint investment in the critical refurbishment and fit-out programme of the Lockworks Cinema and have entered into a 30-year lease.

    The new-look venue is predicted to attract up to 130,000 visitors a year to the city centre at full flow and boost the local economy by half-a-million-pounds annually.

    James Jervis, Director at PDJ Management, said: “We’re incredibly excited to welcome film lovers back to Wolverhampton city centre from next week. We’re just adding the final touches as we prepare for lift-off with the opening of Superman on Friday 11th July.

    “Throughout the summer, we’ll be showing all the major releases – and plenty more besides – so there really will be something for everyone. We’re confident audiences will love what we’ve done with the cinema, and we’re committed to delivering the very best experience for our customers. Follow us on social media and sign up on our website to be the first to know when tickets go on sale next week.”

    Councillor Stephen Simkins, City of Wolverhampton Council Leader, said: “PDJ have delivered an exciting, affordable luxury offer in our city centre that will bring joy to thousands and thousands of movie-goers, young and old.

    “It is all part of a transformation creating new destinations, better public spaces and inner-city living opportunities, coupled to a broader entertainment and events programme, to attract more visitors – helping both existing and new businesses to thrive and grow.”

    Councillor Chris Burden, City of Wolverhampton Council Cabinet Member for City Development, Jobs and Skills, added: “This is a massive investment by the council and PDJ in our city centre that puts Wolverhampton back at the heart of the cultural map.

    “Alongside the new cinema, the city centre has also recently been boosted by the opening of a new leisure hub at the Mander Centre – anchored by Superbowl UK.

    “Working alongside popular venues like the art gallery, Grand Theatre and University of Wolverhampton at The Halls, this will all drive footfall to support local businesses.”

    The council has also worked closely with the Chubb Building landlord, Midlands Industrial Association (MIA), who oversee a range of businesses already within the buildings, on the scheme.

    Andy Munro, Chairman of Midlands Industrial Association said: “Midland Industrial Association are proud to be the landlords of this iconic Wolverhampton building and it is fitting that amongst the many creative businesses who are based at Chubb, the addition of a flagship cinema now forms an integral part of our Chubb community.”

    Check out Lockworks Cinemas on Facebook and @lockworkscinemas on Instagram.

    MIL OSI United Kingdom

  • MIL-OSI Russia: Superjob Rating: GUU in the top 10 for salaries of law graduates

    Translation. Region: Russian Federal

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

    The job search and recruitment service Superjob has published a ranking of the best law schools in Russia based on the salary level of graduates from 2019 to 2024. The State University of Management retained its 9th place in the ranking, sharing it with the National Research Lobachevsky State University of Nizhny Novgorod.

    Most of the universities that made it into the top 10 retained their positions from last year. According to the rating, the average salary of a GUU graduate is 115,000 rubles per month, which is 5,000 rubles higher than last year’s figure.

    The number of our graduates who found employment in Moscow after completing their studies has increased by 2% since last year and is 92%. This figure is higher only for the All-Russian Academy of Foreign Trade and Economic Development of the Russian Federation (96%).

    Let us recall that Superjob recently updated the ranking of universities by graduate salaries in the field of economics, where GUU also retained its place. Earlier, GUU took 11th and 13th places in the first National Ranking of Graduate Employment by employment of bachelor’s and master’s degree graduates, respectively, in the field of “Sciences about Society”, and also entered the top 10 best economic universities in Moscow according to RIA Novosti and the top 100 best universities in Russia according to RAEX.

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

    MIL OSI Russia News

  • MIL-OSI Russia: AI as an Industrial Driver: Experts Discuss Challenges and Solutions at Polytechnic Conference

    Translation. Region: Russian Federal

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

    A large-scale All-Russian scientific and practical conference with international participation “Industrial Artificial Intelligence” is taking place at Peter the Great St. Petersburg Polytechnic University. The event is organized with the support of the St. Petersburg Branch of the Russian Academy of Sciences and in cooperation with St. Petersburg State University.

    Over 150 participants from over 25 universities and research organizations, about 20 enterprises and companies — developers of the real sector of the economy — registered for the conference. Representatives of various regions of Russia — St. Petersburg, Moscow, Tyumen, Novosibirsk, Orenburg, Tomsk, Kazan, Murmansk, Veliky Novgorod, Samara and other cities — are participating in the conference. Foreign participants are also involved — from Belarus and China, the latter is represented by postgraduate students.

    The conference brought together the academic community from leading universities and research centers working in the field of intelligent control systems: SPbPU, SPbSU, IPU named after Trapeznikov RAS, MAI, MIPT, FRC RAS, IPME RAS, LETI, ITMO, Tyumen State University, Omsk State Technical University and others. Representatives of the industry also participate in it — industrial companies and developers, including PJSC Gazprom Neft, JSC Kola MMC (Norilsk Nickel), JSC Atomic Soft, LLC Rakurs Engineering, as well as developers of software solutions and young researchers.

    Co-chairman of the conference program committee and moderator of the plenary session, Corresponding Member of the Russian Academy of Sciences, Vice-Rector for International Affairs of SPbPU Dmitry Arsenyev, opening the event, emphasized: The strategy of technological leadership requires us to move from abstract reasoning to the creation of “strong” industrial AI – systems capable of managing structurally complex objects in conditions of uncertainty. Today we have tried to unite the academic and university community, as well as leading Russian industrial companies to discuss the most pressing issues of development and implementation of promising breakthrough solutions in the field of industrial artificial intelligence, intelligent control systems, automation and robotics technologies.

    First Vice-Rector of SPbPU, Corresponding Member of the Russian Academy of Sciences, Vitaly Sergeev welcomed the conference participants: Artificial intelligence is a new level of development of automation systems. It is the synergy of industry, science and education that will lead to the creation of breakthrough products, where AI will become the basis for design, optimization and work with big data, which is beyond the control of the human brain.

    The first day’s program opened with a series of key plenary presentations devoted to discussing the current state, main challenges and current tasks in the development and implementation of advanced solutions in the field of industrial artificial intelligence, intelligent control systems, as well as automation and robotics technologies.

    Dmitry Arsenyev, together with Vyacheslav Shkodyrev, professor at the Higher School of Cyber-Physical Systems Management at SPbPU, opened the scientific discussion with a report entitled “Strong Industrial Artificial Intelligence: Principles of Cognitive Science and Knowledge Structuring in Management Systems,” setting the tone for the entire forum.

    Director of Science at Gazprom Neft PJSC, Professor Mars Khasanov, presented the industry’s challenges and ways to solve them in his speech “Engineering Artificial Intelligence: Challenges and Responses to Them.”

    Engineering AI is the answer to a fundamental problem: 90% of profit is generated in the early stages of projects, where we have almost no data. We need hybrid neurosymbolic systems that combine expert knowledge with generative technologies to overcome the “closure defect” of human thinking and find non-obvious solutions, he noted.

    Director of the Center for Intelligent Robotic Systems of the V. A. Trapeznikov Institute of Control Sciences of the Russian Academy of Sciences, Professor of the Russian Academy of Sciences Roman Meshcheryakov spoke about fundamental approaches to creating complex autonomous systems in his report “Intelligent Robotic Systems. General Approaches”: Robot teams are systems where stability is achieved through the synergy of “rigid” algorithms and adaptive machine learning. Our experiments prove that effective group management is possible – the main thing is to create an architecture that imitates natural cooperation.

    A practical view on replacing foreign solutions was voiced by Leonid Chernigov, CEO of Rakurs Engineering LLC, who discussed in detail the topic of “Import substitution in control and monitoring systems, diagnostic issues using artificial intelligence at power engineering facilities.” The plenary session was concluded by Dmitry Sannikov, Director of the Innovation Department of JSC Kola MMC Norilsk Nickel, who shared the company’s real experience in the report “Using AI at industrial enterprises of PJSC MMC Norilsk Nickel. Challenges and approaches.” Thus, leading experts covered a range of topics from the concepts of “strong” and engineering AI to specific cases of implementation and import substitution in APCS.

    The section “Software and hardware platforms and artificial intelligence technologies in automation and control systems” discussed physically-aware models of machine learning and neurosymbolic artificial intelligence as the basis for digital twins of energy pipeline systems, an intelligent control system for the process chain, technologies for automation and intellectualization of proactive control of complex objects and other equally important issues. The report by Marina Bolsunovskaya, head of the laboratory “Industrial systems for streaming data processing” of the Advanced Engineering School of SPbPU “Digital Engineering”, reflected the experience of the Polytechnic University in implementing real projects in the field of artificial intelligence, practical cases and lessons learned at the stage of implementing theoretical solutions.

    Students and postgraduates from SPbPU, SPbSU, MIPT, ITMO, Tyumen State University, BRU and other universities presented the results of their research and developments in the field of AI at the youth section at the Polytech-Cyberphysics center. The issues of creating mechanisms and models to increase the transparency of AI decisions, the use of various neural network models to solve not only engineering problems, but also in medicine and education were discussed.

    The plenary session on the second day of the conference was opened by the moderator, co-chairman of the program committee, corresponding member of the Russian Academy of Sciences, doctor of physical and mathematical sciences, professor, head of the Department of Applied Cybernetics at St. Petersburg State University Nikolay Kuznetsov. In his report, he noted the innovative approach of St. Petersburg State University to training personnel, telling about the first specialist in the field of artificial intelligence mathematics in Russia, emphasizing the need for a close connection between fundamental science and industry demands. The topic found a wide response from the audience and was supported by the report “Prohibit cannot be used”. The report of the Vice-Rector for Digitalization of MAI Sergey Popov – “Application of Large Language Models in the Educational Process” – was devoted to finding a balance between the capabilities of AI and compliance with the principles of academic integrity.

    The experts discussed issues of distributed and hybrid group intelligence, predictive analytics and intelligent systems, industrial security. Valery Odegov, CEO of Atomic Soft JSC, emphasized technological sovereignty in industrial automation, presenting domestic solutions for automated process control systems and their role in ensuring the independence of critical industries. Maxim Kalinin, professor at SPbPU, touched upon the vital issue of cyber resilience of digital electrical substations in the face of growing cyber threats.

    Summing up the conference, the participants and organizers noted the high scientific and practical level of the reports presented, the relevance of the topics raised – from fundamental research to specific implementation solutions in industry. The importance of the platform for dialogue between science, education and business in such a strategically important area as industrial artificial intelligence was especially emphasized.

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

    MIL OSI Russia News

  • MIL-OSI: Bitget Wallet Partners with Mastercard and Immersve to Introduce Zero-Fee Crypto Card

    Source: GlobeNewswire (MIL-OSI)

    SAN SALVADOR, El Salvador, July 04, 2025 (GLOBE NEWSWIRE) — Bitget Wallet has teamed up with payments leader Mastercard and infrastructure provider Immersve to launch a new crypto-linked card that allows users to make payments directly from their digital wallets at the more than 150 million merchants that accept Mastercard globally. The product aims to drive ease of use and efficiency in the crypto card space.

    The card will be available through the Bitget Wallet app and supports real-time funding via onchain swaps and deposits. Leveraging Mastercard Digital First technology, users can apply for the card digitally and within minutes add it to their mobile wallets for use at both physical and online merchants.

    Powered by Immersve, a Mastercard-licensed issuer, transactions are settled onchain through crypto to fiat conversion while adhering to Mastercard’s regulatory framework, including KYC and AML requirements. The card will first be rolled out in the United Kingdom and European Union, with plans to expand to Latin America, Australia, and New Zealand in the coming months.

    The launch comes amid continued interest in practical crypto applications and efforts by the payments ecosystem to connect blockchain-enabled solutions to the financial mainstream. Bitget Wallet, which reports over 80 million users globally, is positioning the card as a way to extend self-custodied assets into everyday commerce. The product also includes optional incentives such as transaction-based rewards, yield on idle balances in wallet, and one-time bonuses for completing identity verification.

    “Crypto payments should be as seamless and secure as traditional transactions. With this partnership, Bitget Wallet users can now pay with crypto anywhere Mastercard is accepted,” said Jamie Elkaleh, CMO at Bitget Wallet. “We’re seeing massive demand for real-world crypto utility, and this collaboration with Mastercard and Immersve provides the infrastructure to make that vision a reality.”

    “Digital wallets are quickly becoming as ubiquitous as email addresses. At Mastercard, we’re committed to working with innovative companies like Bitget Wallet and Immersve to make crypto transactions simple, secure, and accessible at scale,” said Scott Abrahams executive vice president, Global Partnerships at Mastercard. “This is a critical step in bringing digital assets closer to mainstream utility.”

    “Partnering with forward-thinking teams like Mastercard and Bitget Wallet is exactly how we scale real-world crypto use,” said Jerome Faury, CEO of Immersve.We’re bridging the gap between Web3 and traditional finance, allowing users to spend crypto as easily as they spend fiat—on a global scale.”

    For more information on how Bitget Wallet is enabling seamless crypto payments, visit Bitget Wallet website web3.bitget.com and blog.

    About Bitget Wallet
    Bitget Wallet is a non-custodial crypto wallet designed to make crypto simple, seamless and secure for everyone. With over 80 million users, it brings together a full suite of crypto services, including swaps, market insights, staking, rewards, a DApp browser, and crypto payment solutions. Supporting 130+ blockchains, 20,000+ DApps, and a million tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges. Backed by a $300+ million user protection fund, it ensures the highest level of security for users’ assets. Its vision is Crypto for Everyone — to make crypto simpler, safer, and part of everyday life for a billion people.

    For more information, visit: XTelegramInstagramYouTubeLinkedInTikTokDiscordFacebook

    About Immersve
    Immersve is a principal member of the Mastercard network. Its issuing-as-a-service platform supports both centralised and decentralised payment experiences. Exchanges, web3 wallets and DeFi protocols can easily integrate with Immersve’s APIs and smart contracts to transact anywhere Mastercard is accepted. Immersve is a registered Financial Services Provider. For more information on the APIs go to docs.immersve.com.

    Join our waitlist and Discord community for more information: https://discord.gg/HZZJjsBk

    About Mastercard www.mastercard.com
    Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re building a resilient economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.

    Media Contacts:
    Mastercard Communications Contact: Biz.Cozine@mastercard.com
    Bitget Communications Contact: media.web3@bitget.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/eca20f1d-d156-4594-a96b-dc99ee024060

    The MIL Network

  • MIL-OSI Africa: Chevron Reaffirms Long-Term Commitment to Africa as Diamond Sponsor of African Energy Week (AEW) 2025

    Source: APO

    Chevron’s return as a Diamond Sponsor at African Energy Week (AEW): Invest in African Energies 2025 comes as the energy major deepens its footprint across Africa, marking a renewed commitment to unlocking long-term growth opportunities in both mature and emerging markets. Chevron is ramping up its activities across the continent – securing new acreage, expanding gas infrastructure and advancing exploration efforts in high-potential basins across the continent.  

    In Nigeria, Chevron’s plan to scale up oil exploration follows a recent discovery in the Niger Delta – the Meji NW-1 well. In February 2025, Chevron extended its contract with Shelf Drilling for the Scepter jack-up rig offshore Nigeria, ensuring continuity of drilling operations through mid-2026. In Equatorial Guinea (EG), Chevron has stakes in three fields and recently entered into two production-sharing contracts for the EG-06 and EG-11 blocks. Chevron is engaged in discussions to monetize gas from the Aseng field and to develop a transboundary field between Equatorial Guinea and Cameroon.  The company has also indicated it is considering drilling an exploration well in PEL 82 in Namibia’s offshore Walvis Basin in 2026 or 2027, activating its growing African exploration portfolio. 

    In Angola, Chevron has expanded its footprint with new deepwater concessions and the Sanha Lean Gas Connection Project, which achieved first gas in December 2024 and links gas fields in Blocks 0 and 14 to the Angola LNG plant – enhancing monetization of associated gas and strengthening energy security. In 2024, the company signed two Risk Service Contracts for Blocks 49 and 50 in ultra-deepwater acreage in Angola’s Lower Congo Basin, laying the foundation for future development. Chevron’s active participation in Angola LNG, which is set to undergo expansion to accommodate new gas supplies, and as partner of New Gas Consortium underscores its commitment to the country’s gas value chain. 

    Meanwhile, in Egypt Chevron remains excited about its exploration portfolio where it has 3 blocks — including operatorship of Nargis and North el Dabaa – and continues to look for new opportunities. Chevron recognizes that Algeria holds a world-class hydrocarbon system with the potential for significant oil and gas resources. Earlier this year Chevron signed a study agreement with Algeria’s national hydrocarbons agency, Alnaft to assess potential offshore hydrocarbon resources. This expansion supports Algeria’s broader objective of boosting foreign investment and developing new reserves to sustain its export-driven energy economy. 

    “Chevron’s commitment to Africa is more than just operational – it’s strategic. Their continued investment across Nigeria, Angola and now Algeria and Namibia shows real confidence in the future of African energy. As a Diamond Sponsor of AEW 2025, Chevron is not only driving upstream and gas development, but helping shape the dialogue around sustainability, infrastructure and long-term energy security for the continent,” said Tomás Gerbasio, Vice President of Commercial and Strategic Engagement at the African Energy Chamber.  

    The energy major’s presence at AEW 2025: Invest in African Energies in Cape Town – where it will headline as a Diamond Sponsor – reflects this dual focus on opportunity and responsibility. As delegates gather to shape the future of African energy, Chevron brings to the table a proven track record, fresh investment and a long-term view of Africa as a critical pillar in the global energy mix. 

    AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event. 

    Distributed by APO Group on behalf of African Energy Chamber.

    Media files

    .

    MIL OSI Africa

  • MIL-OSI Russia: Trump administration has ‘shaken’ world order in three key respects – Italian minister

    Translation. Region: Russian Federal

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

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

    ROME, July 4 (Xinhua) — The administration of U.S. President Donald Trump has “shaken” the world order in three key areas: tariffs, international taxation and the financial dimension linked to the U.S. dollar, Italian Economy and Finance Minister Giancarlo Giorgetti said on Thursday.

    “The first is tariffs, the second is international taxation. The third is the financial dimension and the relative strength of the US dollar, which is a form of implicit tariff,” he said. “We need to pay attention to these three aspects,” the official added.

    The minister stressed that a weak dollar effectively acts as an implicit tariff, making American goods cheaper and imported goods more expensive and disrupting international trade flows.

    Giorgetti’s comments come amid ongoing trade tensions between the United States and the European Union that have arisen since D. Trump’s return to the White House at the beginning of the year.

    Market data reflect the minister’s concerns. The euro was trading at around $1.175 apiece at the end of the day on Thursday, down about 14 percent since the start of the year.

    Against a broader basket of currencies, the US dollar has fallen 10.8 per cent this year, the worst first six months since 1973 and the worst half-year since the second half of 1991, the Guardian newspaper reports.

    According to Italy’s National Institute of Statistics, the country’s imports from the United States rose 18.5 percent year-on-year in May, while Italian exports to the United States increased by just 2.5 percent. –0–

    MIL OSI Russia News

  • MIL-OSI United Kingdom: Covid-19 pandemic had bigger impact on women’s health than men’s The Covid-19 pandemic affected women’s mental and physical health more than men’s, according to research from the University of Aberdeen.

    Source: University of Aberdeen

    The Covid-19 pandemic affected women’s mental and physical health more than men’s, according to research from the University of Aberdeen.
    Published in Social Science & Medicine, the study aimed to understand whether the pandemic had differing effects on the health behaviours of women and men.
    The research team, led by Professor Paul McNamee from the University of Aberdeen and collaborators from Duke-NUS Medical School in Singapore and the University of Turin, analysed Understanding Society national data from January 2015 to March 2023 to compare results pre- and post-pandemic.
    Researchers examined a range of health behaviours including fruit and vegetable consumption, alcohol use and physical activity as part of the study as well as comparing measures of mental health. They found that on both counts women were more negatively affected by the pandemic than their male counterparts.
    The study found women reported fewer days of fruit consumption and smaller reductions in alcohol intake during the Covid pandemic.
    Psychological distress increased for both women and men during the pandemic, with women experiencing a greater rise. And the link between health behaviours and mental health weakened for women during the pandemic, with a healthy lifestyle no longer showing a significant connection to mental health.
    In contrast, these relationships remained consistent for men. Prior to the pandemic, health behaviours offered greater protective benefits for women’s mental health, but during the pandemic, this protective effect became stronger for men.
    Professor Paul McNamee who led the research at the University of Aberdeen said: “We found that women reported poorer overall changes in health behaviours than men during the pandemic. Specifically, women reported fewer days of fruit consumption and smaller reductions in alcohol intake. We also found that psychological distress increased for both women and men during the pandemic, with women experiencing a greater rise.”
    Dr Karen Arulsamy from Duke-NUS Medical School said: “The adverse changes in women’s health behaviours compared to men persist through to May 2023, suggesting longer-term effects were likely worsened by financial pressures during this period. It’s important we keep tracking these trends.”
    Dr Silvia Mendolia from the University of Turin said: “Our study also shows that the pandemic considerably weakened the protective effect of health behaviours on mental health for women but not for men. For women, adopting a healthy lifestyle was strongly correlated with mental health before the pandemic, but this relationship was no longer significant during the pandemic.”
    Professor McNamee concludes: “Although conducted using data before and during the pandemic, these findings still have relevance today – they suggest that at times of heightened stress, women from lower socio-economic backgrounds with caregiving responsibilities that limit their ability to maintain levels of social engagement face more challenges in engaging in healthier behaviours. Therefore, targeted interventions such as social prescribing, accessible through referral from primary care providers and other voluntary agencies, could be made more widely available.”
    The research was funded by a research award from the Scottish Government Rural & Environmental Science and Analytical Services’ (RESAS) Strategic Research Programme 2022-27. Financial support was also provided by the University of Aberdeen and the Chief Scientist Office of the Scottish Government Health & Social Care Directorates.

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Earlier starts, later finishes for York’s Park & Ride

    Source: City of York

    First Bus and City of York Council have announced extended hours for all six of York’s Park & Ride services to support residents, commuters, visitors and York’s hospitality industry.

    The highlights include:

    • from 20 July, buses to operate from 5.30am Monday to Saturday and 7.30am on Sunday
    • last services to leave the city centre at 10.30pm all week
    • early and late-night connections offer greater flexibility for residents, commuters and visitors
    • increased frequency for school holidays and summer season

    From Sunday 20 July, the first bus will leave each Park & Ride site at 5.30am. The new timings will allow shift workers and those catching early trains to use the Park & Ride, which costs just £3.90 for an adult return. For example for residents travelling out of York, 5 of the 6 sites directly serve York Railway Station and the first service will arrive at the station by 5.45am – Rawcliffe (bus number 2 / 2A), Monks Cross (bus number 9), Designer Outlet (bus number 7), Poppleton (bus number 59) and Askham Bar (bus number 3). The remaining one, Grimston (bus number 8), serves Piccadilly, in the city centre.

    In the evening, the last services will leave the city centre at 10.30pm, bringing all sites up to the same time for the first and last bus.

    The timings extension is being funded by York’s Bus Service Improvement Plan, supported by the Department for Transport.

    Cllr Kate Ravilious, Executive Member for Transport at City of York Council, said:

    Residents, commuters and visitors have asked us to run the Park & Ride earlier in the morning and later into the evening, and we’re delighted to confirm these extended hours will start from 20 July.

    “Whether you’re catching an early morning train, finishing an overnight shift or enjoying a night out in York, this expansion is part of our commitment to giving people more travel options and making York a cleaner, more affordable and more sustainable city.

    “The 6 Park & Ride sites cover every corner of York and with up to 3 children traveling free with a paying adult, offers an excellent alternative to driving in to York. They also make an invaluable contribution to reducing congestion across our city. We’ve also recently unveiled plans to open up 2 sites for overnight parking and will be announcing the next steps on these shortly.”

    Andy Cullen, Managing Director of First Bus North & West Yorkshire, said:

    This will help commuters and shift workers with connections to train services at the very start and end of the day.

    “The extension of services into the late evening will also be a real boost for visitors to York’s leisure and entertainment venues, as well as supporting the hospitality sector.

    “It reflects our continued commitment to work in partnership with City of York Council to build the Park & Ride network for the benefit of local people and visitors to help grow the city’s economy.”

    David Skaith, the Mayor of York and North Yorkshire, said:

    For too long, public transport hasn’t always worked for everyone, especially those with early starts or late finishes.

    “For the first time all of York’s Park & Ride sites will operate on a single, consistent timetable from 5.30am right up until 10.30pm. It’s the kind of public transport our region deserves.

    “We’re putting passengers first, with more affordable and greener journeys that everyone can benefit from – from shift workers and commuters to those enjoying the city’s night life.”

    Local Transport Minister, Simon Lightwood, said:

    When public transport is affordable and reliable, it transforms lives – helping people get to work, attend medical appointments, access opportunities and stay connected with their community.

    “I’m delighted that Mayor Skaith is already delivering major improvements with our £12 million investment and moving ahead with their plans to bring buses under local control.

    “From cheaper fares to extended Park & Ride hours, these changes are kickstarting a bus revolution that drives economic growth and ensures people have proper access to jobs and opportunities, as we deliver the Plan for Change.”

    Sarah Loftus, Managing Director of Make It York, said:

    York Park & Ride is a vital link in supporting our hospitality and tourism sectors, making it easier and more affordable for everyone to access the city centre, this helps all businesses to recruit and retain talent.

    “The new operating hours of York Park & Ride improves accessibility for everyone, offering a reliable and inclusive transport option.

    “For visitors, it’s a convenient way to explore the wider city, stay longer and enjoy more of what York has to offer, and these longer running hours will offer a real boost to our local economy.”

    First Bus is also introducing more frequency on the Park & Ride network to support anticipated demand during the school holidays and summer tourism season.

    From Sunday 20 July until Sunday 7 September, additional buses will operate Monday to Friday on all services and also Saturdays on routes 7 and 8. Normal timetables will run on Sundays.

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Earlier starts, later finishes for York’s Park & Ride

    Source: City of York

    First Bus and City of York Council have announced extended hours for all six of York’s Park & Ride services to support residents, commuters, visitors and York’s hospitality industry.

    The highlights include:

    • from 20 July, buses to operate from 5.30am Monday to Saturday and 7.30am on Sunday
    • last services to leave the city centre at 10.30pm all week
    • early and late-night connections offer greater flexibility for residents, commuters and visitors
    • increased frequency for school holidays and summer season

    From Sunday 20 July, the first bus will leave each Park & Ride site at 5.30am. The new timings will allow shift workers and those catching early trains to use the Park & Ride, which costs just £3.90 for an adult return. For example for residents travelling out of York, 5 of the 6 sites directly serve York Railway Station and the first service will arrive at the station by 5.45am – Rawcliffe (bus number 2 / 2A), Monks Cross (bus number 9), Designer Outlet (bus number 7), Poppleton (bus number 59) and Askham Bar (bus number 3). The remaining one, Grimston (bus number 8), serves Piccadilly, in the city centre.

    In the evening, the last services will leave the city centre at 10.30pm, bringing all sites up to the same time for the first and last bus.

    The timings extension is being funded by York’s Bus Service Improvement Plan, supported by the Department for Transport.

    Cllr Kate Ravilious, Executive Member for Transport at City of York Council, said:

    Residents, commuters and visitors have asked us to run the Park & Ride earlier in the morning and later into the evening, and we’re delighted to confirm these extended hours will start from 20 July.

    “Whether you’re catching an early morning train, finishing an overnight shift or enjoying a night out in York, this expansion is part of our commitment to giving people more travel options and making York a cleaner, more affordable and more sustainable city.

    “The 6 Park & Ride sites cover every corner of York and with up to 3 children traveling free with a paying adult, offers an excellent alternative to driving in to York. They also make an invaluable contribution to reducing congestion across our city. We’ve also recently unveiled plans to open up 2 sites for overnight parking and will be announcing the next steps on these shortly.”

    Andy Cullen, Managing Director of First Bus North & West Yorkshire, said:

    This will help commuters and shift workers with connections to train services at the very start and end of the day.

    “The extension of services into the late evening will also be a real boost for visitors to York’s leisure and entertainment venues, as well as supporting the hospitality sector.

    “It reflects our continued commitment to work in partnership with City of York Council to build the Park & Ride network for the benefit of local people and visitors to help grow the city’s economy.”

    David Skaith, the Mayor of York and North Yorkshire, said:

    For too long, public transport hasn’t always worked for everyone, especially those with early starts or late finishes.

    “For the first time all of York’s Park & Ride sites will operate on a single, consistent timetable from 5.30am right up until 10.30pm. It’s the kind of public transport our region deserves.

    “We’re putting passengers first, with more affordable and greener journeys that everyone can benefit from – from shift workers and commuters to those enjoying the city’s night life.”

    Local Transport Minister, Simon Lightwood, said:

    When public transport is affordable and reliable, it transforms lives – helping people get to work, attend medical appointments, access opportunities and stay connected with their community.

    “I’m delighted that Mayor Skaith is already delivering major improvements with our £12 million investment and moving ahead with their plans to bring buses under local control.

    “From cheaper fares to extended Park & Ride hours, these changes are kickstarting a bus revolution that drives economic growth and ensures people have proper access to jobs and opportunities, as we deliver the Plan for Change.”

    Sarah Loftus, Managing Director of Make It York, said:

    York Park & Ride is a vital link in supporting our hospitality and tourism sectors, making it easier and more affordable for everyone to access the city centre, this helps all businesses to recruit and retain talent.

    “The new operating hours of York Park & Ride improves accessibility for everyone, offering a reliable and inclusive transport option.

    “For visitors, it’s a convenient way to explore the wider city, stay longer and enjoy more of what York has to offer, and these longer running hours will offer a real boost to our local economy.”

    First Bus is also introducing more frequency on the Park & Ride network to support anticipated demand during the school holidays and summer tourism season.

    From Sunday 20 July until Sunday 7 September, additional buses will operate Monday to Friday on all services and also Saturdays on routes 7 and 8. Normal timetables will run on Sundays.

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: City of York Council to Appoint New Chief Executive

    Source: City of York

    Claire Douglas and Ian Floyd

    Published Thursday, 3 July 2025

    City of York Council has today announced that Ian Floyd, Chief Operating Officer and Head of Paid Service, will retire at Easter 2026 after dedicating more than 17 years of service to the city.

    A key figure in York’s recent history, Ian has served as Chief Operating Officer since 2020 and has been instrumental in delivering transformational projects and guiding the council through significant challenges. Under his leadership, the council successfully navigated the COVID-19 pandemic, maintained a balanced financial position despite national funding pressures, and oversaw the adoption of York’s first Local Plan in over 70 years. He helped secure an ‘Outstanding’ Ofsted rating for Children’s Services in 2024, played a key role in establishing the York and North Yorkshire Combined Authority, the York Central development and the completion of the York Community Stadium.

    Recruitment for a new Chief Executive will begin in the coming weeks, following approval at Staffing Matters and Urgency Committee later this month. Subject to approval, the new Chief Executive will take up the statutory role of Head of Paid Service and will lead the organisation into its next chapter, working closely with elected members, partners, and communities to deliver on the Council Plan and York’s long-term ambitions.

    Claire Douglas, Leader of City of York Council, paid tribute to Ian, saying:

    Ian has dedicated the last 17 years of his working life to York, including as Head of Paid Service since 2019. He has provided calm, consistent and visionary leadership through periods of uncertainty and change.

    “His commitment to public service, his support for staff, and his passion for the city have made a lasting impact. I thank him sincerely for his dedication and service.”

    Reflecting on his decision to retire, Ian Floyd said:

    It has been a privilege to serve City of York Council and to work alongside so many talented and committed colleagues to deliver lasting improvements for the city.

    “From the adoption of our first Local Plan in decades, to the launch of the Combined Authority and the transformation of services for children and families, I’m incredibly proud of what we’ve achieved together. This decision is a personal one, and I’m making the announcement now to allow for a smooth transition.”

    The new Chief Executive is expected to be appointed later this year, with a planned start date in spring 2026. Full details of the recruitment process will follow on the council’s website.

    MIL OSI United Kingdom

  • MIL-OSI Australia: Winter in the City brings the heat with delicious food, fire and free world-class entertainment

    Source: Northern Territory Police and Fire Services

    As part of ACT Government’s ‘One Government, One Voice’ program, we are transitioning this website across to our . You can access everything you need through this website while it’s happening.

    Released 04/07/2025

    With free daily entertainment, spectacular fire shows, and a celebration of local food and culture, the City Renewal Authority and local businesses have made Canberra’s City Centre the hottest spot in town these July school holidays.

    From Saturday 5 July to Saturday 19 July 2025, City Walk will feature a 14-metre-wide stage hosting free performances up to five times a day including circus, theatre, musical comedy acts. Each evening is capped off by choreographed fire performances.

    During the day, families can enjoy a variety of performances. Week one features the space-themed adventure of Mission to the Moon and the clever, acrobatic comedy of the Circus Firemen. In week two, the stage comes alive with the playful music of Lucky Jim and the renowned high-energy spectacle of Circus Oz ‘Non-Stop’.

    After dark, the City Centre will light up with three fire performances. Local amateurs will open the show, followed by the headline display from Flux Entertainment, whose pyrotechnics have captivated audiences nationwide since their appearance on Australia’s Got Talent.

    Winter in the City will wrap up in a special edition of The Forage on Saturday 19 July, bringing together Canberra’s best street food, live music, fire performances and shows from Circus Oz. From 12pm to 9pm, City Walk will be filled with the sounds, smells, and tastes of winter.

    A marketing campaign highlighting the best of City and Braddon’s hospitality and retail businesses will run alongside the free entertainment program, encouraging Canberrans to enjoy a day or night out and support local traders.

    Winter in the City is supported by the City Centre Marketing and Improvements Levy. More program information including show times is available at winter.inthecity.com.au .

    Winter in the City

    • What: Free daytime family entertainment and nightly fire performances.
    • Where: City Walk, next to the City Centre merry-go-round.
    • When: 2pm–8pm daily, Saturday 5 July – Saturday 19 July 2025.
    • Cost: Free to attend. No bookings required.
    • More info: winter.inthecity.com.au

    Quotes attributable to Michael Pettersson, Minister for Business, Arts and Creative Industries

    “Last year, Winter in the City contributed an estimated $2.72 million to the City Centre’s economy. This is money spent in our local cafes, restaurants, retailers and bars. We hope to see an even greater contribution this year.”

    This year’s program of free, world-class entertainment on offer, encourages people to come into the City Centre to shop, eat, and celebrate winter.”

    “It’s all about creating a lively, welcoming atmosphere that Canberrans can enjoy and that benefits our city businesses.”

    Quotes attributable to Belinda Neame, Founder, The Forage

    “The Forage is back for its eleventh year and is teaming up with Winter in the City to bring an unforgettable mid-winter feast to Canberra’s City Centre.”

    “This exciting collaboration will transform the city into a hub of sizzling street eats, cosy firepits, and live entertainment. Visitors can explore a curated lineup of food from some of Canberra’s best restaurants and mobile food and beverage vendors.”

    – Statement ends –

    Michael Pettersson, MLA | Media Releases

    «ACT Government Media Releases | «Minister Media Releases

    MIL OSI News

  • MIL-OSI China: Deloitte announces China’s 2025 Best Managed Companies

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

    Deloitte China announced 75 winners of the 2025 China’s Best Managed Companies awards program in Beijing on July 4. The combined 2024 revenue of the winners hit approximately 3.2 trillion yuan.

    Among those awarded, 12 are new winners, 13 platinum winners have received the award for seven consecutive years, 11 companies have won for five consecutive years and 6 for six consecutive years, with 33 other consecutive-year winners. 

    “The winning companies this year cover multiple industries including consumer, industrial manufacturing, technology, life sciences, energy, real estate, education, and finance,” said Zhao Jian, lead partner of the Deloitte China BMC Program. “The BMC program is not only a long-standing selection activity but also a platform and window for showcasing excellent enterprises.”

    Wang Tuoxuan, Deloitte China North & West China managing partner said this year’s BMC results demonstrate the strong vitality and adaptability of outstanding private enterprises under pressure.

    “China’s private economy is at a critical juncture of shifting growth drivers and enhancing resilience,” said Wang. Despite complex and changing external challenges, a group of outstanding private enterprises have been embracing change, internalizing the national strategic direction of high-quality development, and accelerating new quality productive forces as the core driver for their transformation and upgrading.

    As co-organizer and strategic academic partner of the BMC program, Professor Hui Kai-Lung, acting dean of HKUST Business School, added. “The deep resonance between excellent management practices and business education innovation is reshaping the growth paradigm of Chinese enterprises. These companies are not only industry benchmarks but also living textbooks for business education.”

    “2025 is the final year of the 14th Five-Year Plan and the planning year for the 15th Five-Year Plan,” said Liu Xiao, co-publisher of Harvard Business Review China (Chinese edition) in his interpretation of the BMC list. “Facing the dual challenges of global value chain restructuring and accelerating technological revolution, enterprises not only need technological breakthroughs, innovation in production factors, and deep industrial transformation and upgrading, but also a corresponding paradigm shift in development to foster the emergence of new quality productive forces.”

    With a history of 32 years and a network spanning nearly 50 countries and regions, BMC is co-launched by Deloitte, Bank of Singapore, HKUST Business School and Harvard Business Review, with an aim to find companies with systematic and excellent management capabilities.

    MIL OSI China News

  • MIL-OSI: Registration of share consolidation (reverse split) in IDEX Biometrics – 4 July 2025

    Source: GlobeNewswire (MIL-OSI)

    Reference is made to the notice on 11 April 2025 about the 100-to-1 share consolidation (reverse split) in IDEX Biometrics ASA, as resolved by the extraordinary general meeting held on the same day.

    The consolidation has been registered in the Norwegian Register of Business Enterprises. Following the registration, the company’s share capital remains NOK 47,364,256.00, but is now divided into 47,364,256 shares, each with a nominal value of NOK 1.00.

    For the avoidance of doubt, the registration does not affect the dates set forth in the notice updating the key information relating to the share consolidation and trading of old and new shares, issued on 18 June 2025.

    For further information contact:
    Anders Storbråten, CEO and CFO
    E-mail: anders@idexbiometrics.com

    About IDEX Biometrics
    IDEX Biometrics ASA (IDEX) is a global technology leader in fingerprint biometrics, offering authentication solutions across payments, access control, and digital identity. Our solutions bring convenience, security, peace of mind and seamless user experiences to the world. Built on patented and proprietary sensor technologies, integrated circuit designs, and software, our biometric solutions target card-based applications for payments and digital authentication. As an industry-enabler we partner with leading card manufacturers and technology companies to bring our solutions to market.

    For more information, visit www.idexbiometrics.com

    About this notice
    This notice was published by Erling Svela, Vice president of finance, on 4 July 2025 at 09:55 CET on behalf of IDEX Biometrics ASA. The information shall be disclosed according to section 5‑8 of the Norwegian Securities Trading Act (STA) and published in accordance with section 5‑12 of the STA.

    The MIL Network

  • PM Modi’s Trinidad & Tobago visit highlights deepening trade, development and cultural relations

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi’s visit to Trinidad and Tobago this week highlights India’s efforts to deepen ties with the Caribbean nation. The partnership, built on historical connections dating back nearly two centuries, now spans development cooperation, trade, digital payments, and cultural exchange.

    Trade and Investment: Unlocking New Opportunities

    The Trade Agreement signed between India and Trinidad and Tobago in January 1997, which grants Most Favoured Nation (MFN) status to each other, has laid a strong foundation for expanding economic ties. Trinidad and Tobago’s strategic economic role in the Caribbean, supported by bilateral and regional trade agreements, offers Indian exporters a gateway to the wider Caribbean market and beyond.

    Bilateral trade between the two nations has shown encouraging resilience and steady growth, rising from $264 million in 2020–21 to $341 million in 2024–25. India’s major exports to Trinidad and Tobago include vehicles and parts, iron and steel, pharmaceutical products, and plastic goods. In return, India imports mineral fuels and oils, bituminous substances, mineral waxes, iron and steel, ores and ash, and aluminium from Trinidad and Tobago.

    A notable milestone came in 2024 when Trinidad and Tobago became the first Caribbean nation to adopt India’s Unified Payments Interface (UPI). This step is set to enhance digital payments infrastructure and promote greater financial inclusion.

    In recent years, India’s active participation in trade and investment conventions in Trinidad and Tobago has underlined the shared commitment to explore new opportunities. Sectors such as tourism, pharmaceuticals, information technology, renewable energy, and education are emerging as key areas for collaboration, signalling the growing potential of this bilateral economic partnership.

    Strengthening Institutional Frameworks and Development Cooperation

    The bilateral partnership between India and Trinidad and Tobago is anchored in institutional mechanisms such as the Joint Commission Meeting (JCM) and Foreign Office Consultations (FOC). The first JCM was held in 2011 in New Delhi, while the latest round of FOC took place in Port of Spain in August 2021, enabling both sides to chart the way forward for expanding collaboration.

    India’s development partnership with Trinidad and Tobago has grown steadily in recent years. During the COVID-19 pandemic, India extended critical medical support by supplying 40,000 doses of the AstraZeneca vaccine under the Vaccine Maitri initiative, along with essential medical equipment and aid.

    Beyond healthcare, India’s assistance has strengthened other priority areas as well. A $1 million India-UNDP project supported the deployment of telemedicine and mobile healthcare robots in Trinidad and Tobago. An additional $1 million was allocated for agro-processing machinery to boost food processing capacity. In line with its commitment to regional food security, Indian cooperatives have also supplied rice and edible oil to the Caribbean nation.

    Cultural Bonds: A Living Heritage

    Cultural connections between the two countries remain vibrant, anchored by the Indian diaspora’s enduring ties to its ancestral roots. Hindi language education continues to flourish, with the support of Hindi teachers and local institutions. Nearly 300 students enrolled

  • MIL-OSI Russia: High-ranking guests from SCO countries praised the “Chinese option” in the field of sustainable development

    Translation. Region: Russian Federal

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

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

    TIANJIN, July 4 (Xinhua) — “It struck me with its beautiful, well-kept areas, where modernity and history are concentrated,” said Viktor Galanov, Deputy Minister of Natural Resources and Environmental Protection of Belarus, who is taking part in a meeting in the northern Chinese city. According to him, the state is making “maximum efforts to maintain the environmental situation in such a large city.”

    The sixth meeting of heads of ministries and departments of the Shanghai Cooperation Organization (SCO) member states responsible for environmental protection was held in Tianjin on Thursday, July 3. “Cooperation for green, sustainable and low-emission development of the SCO member states” was its main theme. Following the meeting, the heads of delegations signed a joint statement and adopted the Initiative to Strengthen Cooperation between the SCO Member States in the Field of Sustainable Development.

    SCO Deputy Secretary General Janesh Kane called these documents “important,” which, according to him, will not only facilitate a joint response to challenges in the field of ecology and the environment within the SCO, but will also have a positive impact on green global development.

    Like V. Galanov, he paid tribute to China’s efforts to ensure sustainable development by combating pollution, improving air quality, large-scale afforestation, and combating desertification. China’s progress in these areas is enormous, the deputy secretary general noted.

    “Our delegation recently visited the cities of Yinchuan and Beijing to get acquainted with and study China’s experience in the field of afforestation and combating desertification. We are also interested in implementing joint projects in the field of solid waste disposal. I would like to emphasize that China serves as an example of a systematic approach to environmental protection for us, and our country is striving to adapt these approaches in national policy,” said Deputy Minister of Ecology and Natural Resources of Kazakhstan Mansur Oshurbayev.

    According to him, Tianjin, as one of the largest cities in China, has significant experience in combating air and water pollution, as well as waste management. “We hope to establish a partnership with the city of Tianjin in the field of urban ecology, digital monitoring of the environment, and attract investment and know-how to implement joint projects on green technologies,” Mansur Oshurbayev added.

    Uzbekistan and China have established close cooperation in combating desertification, stated Aziz Abdukhakimov, Minister of Ecology, Environmental Protection and Climate Change of Uzbekistan. In his opinion, such cooperation facilitates the transfer of technologies and knowledge from China, which demonstrates high rates of development in the field of green economy, to the countries of Central Asia.

    Most SCO countries have natural advantages in the field of green energy. They have rich resources of solar, wind and hydropower, noted Director General of the China-Eurasia Economic Cooperation Fund Lei Wentao. China, which is among the world leaders in the field of green energy technology and equipment production, is ready to cooperate to disseminate best practices and successful experience in this area. Work on the implementation of green energy projects is already underway in the regions of Central Asia and the Middle East, he said. -0-

    MIL OSI Russia News

  • MIL-OSI Russia: The class of 1995 met at their home university

    Translation. Region: Russian Federal

    Source: Saint Petersburg State University of Architecture and Civil Engineering – Saint Petersburg State University of Architecture and Civil Engineering –

    At the end of June, SPbGASU not only saw off graduates to their big professional life, but also met those who received their diplomas here 30 years ago: graduates of group 7P of the Department of Construction Production Technology and the Department of Wooden Structures visited lecture halls, the meeting room of the Academic Council, the SPbGASU History Museum and talked to each other.

    Builders, entrepreneurs, scientists

    The work biographies of graduates are impressive: career growth, scientific activity, teaching, entrepreneurship and many years of service to the cause chosen in youth.

    Most of them successfully work in the construction industry. Igor Kulakov is a civil engineer, top manager, worked in construction organizations of St. Petersburg, went from a work producer to the head of the organization, for 10 years was the head of the municipality in the Lomonosovsky district; currently – Chairman of the Committee on Urban Development Policy of the Leningrad Region. Oleg Timoshchuk headed the department of legal and methodological support of the State Construction Supervision and Expertise Service of St. Petersburg for more than 16 years, candidate of technical sciences, chairman of the state examination committee at the department of construction production technology, author of textbooks on construction technologies, expert on legal and technical issues in the field of construction. Denis Bak and Pavel Artemyev are the founders and heads of construction organizations that took part in the construction, reconstruction, major repairs, and restoration of significant objects: the General Staff building, the Astoria and Angleterre hotels, the Philip Morris tobacco factory, the Zenit Arena stadium, the Lakhta Center, and the Konevetsky Monastery.

    Sergey Dryakhlov has been working as a site manager at construction sites in St. Petersburg for many years. The reconstruction of the cultural heritage site “Pets House”, major repairs of residential buildings, reconstruction of the Admiralty Shipyards collector – this is far from a complete list of construction works in which he participated. Alla Soboleva is the chief specialist of the technical department of a developer specializing in the construction of residential buildings and social facilities. Marina Belokonova is an estimator for nuclear industry facilities; her organization’s main customers include the Kurchatov Institute and the St. Petersburg Institute of Nuclear Physics. Tatyana Soloshenko is a specialist in contracting, Irina Danilenko is a low-rise construction manager, Natalya Rogova, Olga Mineycheva and Olesya Litovchenko are design engineers who take part in the design, construction and reconstruction of residential and industrial buildings, bridges; they took part in the construction of the Western High-Speed Diameter, the Ring Road of St. Petersburg, and in the repair of the Trinity Bridge.

    Natalia Iskrova is the head of the economy of the State Budgetary Institution MFC of the Murmansk Region. Natalia Morozova is a specialist in the design and construction of communication networks. Larisa Anikeeva is an entrepreneur and consultant. Dmitry Titarev is a business trainer, lecturer at the St. Petersburg International Institute of Management and the Moscow School of Management “Skolkovo”, a candidate of technical sciences, and the author of books on industrial technologies.

    When asked how to build a successful career in the construction industry, Igor Kulakov answered: “Career success depends on many components: professional skills, personal qualities, willingness to take responsibility, and the ability to work in a team. In recent years, one of the main trends in the construction industry has been digitalization and automation of processes. The introduction of TIM models and artificial intelligence leads to changes in the requirements for employee qualifications. As a result, the demand for specialists with skills in working with new digital technologies is increasing. University graduates who can effectively use digital tools have a better chance of building a successful career.”

    “We will meet again at our home university”

    Within the walls of their native university, classmates recalled moments of student life.

    “Many of us noted that the years spent at the university became the most important stage in our professional development. We remembered our favorite teachers – professors Vladimir Vladimirovich Verstov, Gennady Mikhailovich Badin, Rudolf Sergeyevich Sanzharovsky, the dean of the construction faculty Viktor Borisovich Zverev. Having met, we seemed to relive our student years, remembering how we made our first projects, how we defended our diplomas, how we coped with everyday difficulties in the dormitory and worked on a collective farm, how we sang around the campfire with a guitar with a then modest classmate, and now a famous showman Sergei Shnurov,” shared Oleg Timoshchuk.

    The group plans to get back together for the 35th anniversary of the release.

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

    MIL OSI Russia News

  • MIL-OSI United Kingdom: Malign Activity in the OSCE Region: Joint statement to the OSCE

    Source: United Kingdom – Executive Government & Departments

    Speech

    Malign Activity in the OSCE Region: Joint statement to the OSCE

    Deputy Ambassador James Ford delivers a statement on behalf of the UK and Canada on the increasing malign activity faced by OSCE States across our region.

    Thank you, Madam Chair. I am delivering this statement on behalf of Canada, and my own country the United Kingdom.

    I would like to thank the US for the opportunity to address this important topic. The principle that security is comprehensive and interconnected across the politico-military, economic and environmental, and human dimensions sits at the very heart of the OSCE. But this is not the first time that this Council has had to address hybrid threats faced by participating States across our region.

    Hybrid activity can include espionage, transnational repression, foreign information manipulation and interference, malicious cyber activity, political interference, and sabotage – including of critical national infrastructure. These tactics are used to target all parts of societies, our citizens, institutions, journalists, universities, and businesses with the aim of undermining our national security.

    In recent years, such activity has increased in both frequency and intensity. As the UK has raised before, this includes arson in London, malign activity in various NATO and EU countries, and attempts to undermine Moldova’s democratic institutions in the leadup to last year’s October presidential elections.

    Moreover, the line between state and non-state actors is blurring as certain states increasingly use proxies, illicit finance and organised crime groups to facilitate and conduct hybrid attacks. Last week’s Economic and Environmental Committee highlighted the serious threat posed by the so-called ‘shadow fleet,’ an example of destabilising actions in the OSCE region in the wake of Russia’s full-scale invasion of Ukraine in 2022. The next Security Committee will examine how illicit financial networks enable transnational organised crime.     

    As the UK, we will continue to press for effective OSCE action to tackle reckless hybrid attacks and malign influence aimed at destabilising our society and the shared security principles on which this organisation is based.

    Thank you, Madam Chair.

    Updates to this page

    Published 4 July 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Join in the fun and help shape your community at family events

    Source: City of Wolverhampton

    The Love Your Community fun days will be taking place at Pendeford Dovecotes TMO on Wednesday 30 July, the Cannock Road Gurdwara on Thursday 7 August, Lanesfield Church on Wednesday 13 August, and St Joseph’s Church, Coalway Road, on Wednesday 20 August. Each will run from 11am to 3pm and all are welcome.

    Partners including the City of Wolverhampton Council, community organisations and charities, the police and other service providers will be on hand to provide a day of enjoyment, wellbeing and practical support for people of all ages across four distinct zones.

    The Kids and Family Zone will include a bouncy castle and physical play, face painting, henna art and craft activities, while the Wellbeing Zone will offer a calm and supportive environment providing information and advice from partners like Rethink and the NHS as well as mindfulness sessions and journalling activities designed to promote self-care and reflection.

    Elsewhere, the Advice and Support Zone will offer residents financial tips, energy efficiency guidance and support with managing household budgets along with gardening workshops to encourage sustainable living and community greening, and the Sports and Physical Activity Zone will feature kickabouts with Wolves Foundation, calisthenics demonstrations, interactive sessions led by WV Active and appearances by Wolves mascots Wolfie and Wendy.

    Visitors will also be encouraged to contribute to the Love Your Community Wall, sharing what they value about their neighbourhood, contributing ideas for local improvements, and making a pledge to support positive change in their community.

    Councillor Obaida Ahmed, Cabinet Member for Health, Wellbeing and Community, said: “These Love Your Community events will bring residents together for fun, connection, and support. They are a great chance for people to find out more about what is going on locally, discover services that can make their lives easier, and share their ideas to improve their neighbourhood.

    “The Love Your Community initiative is designed to empower and encourage people to take pride in their local area through community events, shared spaces, support networks and inclusive activities.

    “This is important because we know that, when residents feel seen, heard, and included, their neighbourhoods flourish — and so does our city. So please come along, join the fun, and help shape the future of your community.”

    MIL OSI United Kingdom

  • MIL-Evening Report: Guam nuclear radiation survivors ‘heartbroken’ over exclusion from compensation bill

    By Caleb Fotheringham, RNZ Pacific journalist

    People on Guam are “disappointed” and “heartbroken” that radiation exposure compensation is not being extended to them, says the president of the Pacific Association for Radiation Survivors (PARS), Robert Celestial.

    He said they were disappointed for many reasons.

    “Congress seems to not understand that we are no different than any state,” he told RNZ Pacific.

    “We are human beings, we are affected in the same way they are. We are suffering the same way, we are greatly disappointed, heartbroken,” Celestial said.

    The extension to the United States Radiation Exposure Compensation Act (RECA) was part of Trump’s “big, beautiful bill” passed by Congress on Friday (Thursday, Washington time).

    Downwind compensation eligibility would extend to the entire states of Utah, Idaho and New Mexico, but Guam – which was included in an earlier version of the bill – was excluded.

    All claimants are eligible for US$100,000.

    Attempt at amendment
    Guam Republican congressman James Moylan attempted to make an amendment to include Guam before the bill reached the House floor earlier in the week.

    “Guam has become a forgotten casualty of the nuclear era,” Moylan told the House Rules Committee.

    “Federal agencies have confirmed that our island received measurable radiation exposure as a result of US nuclear testing in the Pacific and yet, despite this clear evidence, Guam remains excluded from RECA, a program that was designed specifically to address the harm caused by our nation’s own policies.

    “Guam is not asking for special treatment we are asking to be treated with dignity equal to the same recognition afforded to other downwind communities across our nation.”

    Moylan said his constituents are dying from cancers linked to radiation exposure.

    From 1946 to 1962, 67 nuclear bombs were detonated in the Marshall Islands, just under 2000 kilometres from Guam.

    New Mexico Democratic congresswoman Teresa Leger Fernández supported Moylan, who said it was “sad Guam and other communities were not included”.

    Colorado, Montana excluded
    The RECA extension also excluded Colorado and Montana; Idaho was also for a time but this was amended.

    Pacific Association for Radiation Survivors (PARS) members at a gathering . . . “heartbroken” that radiation exposure compensation is not being extended to them. Image: RNZ Pacific/Eleisha Foon

    Celestial said he had heard different rumours about why Guam was not included but nothing concrete.

    “A lot of excuses were saying that it’s going to cost too much. You know, Guam is going to put a burden on finances.”

    But Celestial said the cost estimate from the Congressional Budget Office for Guam to be included was US$560 million while Idaho was $1.4 billion.

    “[Money] can’t be the reason that Guam got kicked out because we’re the lowest on the totem pole for the amount of money it’s going to cost to get us through in the bill.”

    Certain zip codes
    The bill also extends to communities in certain zip codes in Missouri, Tennessee, Kentucky, and Alaska, who were exposed to nuclear waste.

    Celestial said it’s taken those states 30 years to be recognised and expects Guam to be eventually paid.

    He said Moylan would likely now submit a standalone bill with the other states that were not included.

    If that fails, he said Guam could be included in nuclear compensation through the National Defense Authorization Act in December, which is for military financial support.

    The RECA extension includes uranium workers employed from 1 January 1942 to 31 December 1990.

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

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Banking: CBB Announces Strategic Partnership with ARRAY Innovation to Advance Digital Transformation Agenda

    Source: Central Bank of Bahrain

    CBB Announces Strategic Partnership with ARRAY Innovation to Advance Digital Transformation Agenda

    Published on 4 July 2025

    Manama, Bahrain – 3 July 2025: The Central Bank of Bahrain (CBB) has entered a strategic partnership with ARRAY Innovation, a local portfolio company of Bahrain Mumtalakat Holding Company, to accelerate its digital transformation initiatives. The partnership agreement was signed in the presence of HE Khalid Humaidan, Governor of the Central Bank of Bahrain, and HE Shaikh Abdulla bin Khalifa Al Khalifa, Chief Executive Officer of Mumtalakat, on the sidelines of the FS Horizons: Doubling Down on Digital event, hosted in collaboration with the Bahrain Economic Development Board.

    As part of the agreement, ARRAY Innovation will provide strategic advisory and professional services to the CBB to develop and execute key technology initiatives, drawing on its global expertise in payments technology, artificial intelligence (AI), and cloud-based solutions.

    Commenting on the partnership, Mr. Mohamed Abdulla Abdulkarim, Executive Director of Corporate Services at the CBB, said, “We are pleased to work with a partner whose expertise and technology solution development capabilities align with CBB’s vision for regulatory innovation and growth, and our ongoing efforts in deploying and developing a robust digital ecosystem. With this public-private partnership, our aim is to enhance CBB’s institutional capacity, strengthen our technology infrastructure, and further solidify Bahrain’s standing as a regional financial hub.”

    For his part, Mr. Alaa Saeed, Chief Executive Officer and Founder of ARRAY Innovation, remarked, “We are honored to support the CBB on this strategic journey. Our team will work closely with the Bank to introduce solutions that drive impact and advance the Kingdom’s broader ambitions for digital enablement and economic diversification. This partnership also underscores our dedication towards nurturing local tech talent in Bahrain and contributing to the growth of its innovation economy.”

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    MIL OSI Global Banks

  • MIL-OSI Africa: Rwanda to Restore Ecosystems and Boost Climate Resilience in the Nyungwe–Ruhango Corridor

    Source: APO


    .

    Communities in Rwanda’s Southern Province are set to benefit from restored ecosystems, improved agricultural productivity, and expanded sustainable livelihood opportunities in areas vulnerable to climate-related shocks. Thanks to a newly approved $9 million grant from the Global Environment Facility, Rwanda will receive support for integrated landscape restoration and climate-smart land management across the Nyungwe–Ruhango Corridor.

    The Ecosystem-Based Restoration Approach for Nyungwe-Ruhango Corridor Project is one of 20 projects of the GEF-8 Ecosystem Restoration Integrated Program (ERIP) across the globe. ERIP scales up ecosystem restoration efforts by transforming degraded lands into thriving ecosystems and promotes private sector engagement and South-South exchange across the beneficiary countries. Conservation International is the ERIP lead agency.

    This project reflects the strong partnership between the World Bank and the Government of Rwanda in building climate resilience and driving inclusive green growth,” said Sahr Kpundeh, World Bank Country Manager for Rwanda. “It aligns with our Country Partnership Framework and global priorities on climate adaptation, biodiversity conservation, and empowering local communities to lead sustainable change.”

    The Rwanda GEF-8 will support the rehabilitation of 2,162 hectares of forests and wetlands, promote sustainable land management practices across 8,931 hectares of farmland, and help develop income-generating activities that reduce pressure on fragile ecosystems, directly benefiting more than 289,000 people in Ruhango, Nyanza, and Nyamagabe Districts.

    The project will contribute to the World Bank Group’s core objective of creating more and better jobs to reduce poverty and unlock economic opportunities, especially for the youth.  Early estimates suggests that the project could generate over 2,200 jobs through sustainable livelihoods interventions. These include the development of non-timber forest product value chains, fruit tree planting, and support for small businesses in the green economy. The project will also engage the private sector to explore investment opportunities that promote climate-smart land use and sustainable forest management.

    This is a timely intervention that combines ecological restoration with community resilience,” said Tuuli Bernardini, Senior Environmental Specialist at the World Bank. “By centering the role of women, youth, and local enterprises in landscape management, the project supports inclusive development and paves the way for scalable nature-based solutions.”

    Implemented by the Rwanda Environment Management Authority (REMA), the project adopts a landscape-based approach to address environmental degradation, food insecurity, climate risks, such as floods and landslides; threats that disrupt infrastructure, destroy crops, and deepen poverty in the Southern province. At its core, the Rwanda GEF-8 aims to restore ecosystems that provide critical services such as erosion control, flood regulation and habitats for biodiversity. Key interventions will include afforestation, reforestation, riverbank and wetland rehabilitation and the promotion of agroforestry and other climate-smart agricultural practices.

    The Rwanda GEF-8 forms part of a broader suite of World Bank-supported investments in conservation and sustainable land management along the Congo-Nile divide covering parts of the Northern, Western, and Southern Province. These include the Volcanoes Community Resilience Project  and Commercialization and De-Risking for Agricultural Transformation Project. Building on lessons from Rwanda’s earlier efforts such as the Landscape Approach to Forest Restoration and Conservation (LAFREC), these initiatives align with the National Strategy for Transformation (NST2), and are expected to deliver significant outcomes in biodiversity conservation, resilience building and improved community livelihoods.

    Distributed by APO Group on behalf of The World Bank Group.

    MIL OSI Africa

  • MIL-OSI: Eurocastle Releases First Quarter 2025 Interim Management Statement, Release of Liquidation Reserves and Notice of Annual General Meeting

    Source: GlobeNewswire (MIL-OSI)

    EUROCASTLE INVESTMENT LIMITED

                                           FOR IMMEDIATE RELEASE
    Contact:        
    Oak Fund Services (Guernsey) Limited
    Company Administrator
    Attn: Nicole Barnes
    Tel: +44 1481 723450        

    Eurocastle Releases First Quarter 2025 Interim Management Statement and Announces Release of €4.6 million of Liquidation Reserves and Annual General Meeting to be held on 5 August 2025

    Guernsey, 4 July 2025 – Eurocastle Investment Limited (Euronext Amsterdam: ECT) (“Eurocastle” or the “Company”) today has released its interim management statement for the quarter ended 31 March 2025. The Company also announces that, following quarter end, the Luxembourg fund through which it is pursuing the New Investment Strategy (“EPIF”) has reached over €61 million of investor commitments, following which the Board has determined that Eurocastle has a sustainable platform that it anticipates growing in future years. As a result, the Board has released €4.6 million of reserves generating a net increase to the Company’s Adjusted NAV of €4.0 million, or €4.01 per share after contractual incentive fees of 12.5%.

    • IFRS NAV of €22.0 million, or €22.01 per share (€22.1 million, or €22.05 per share as at Q4 2024).
    • ADJUSTED NET ASSET VALUE (“NAV”)1 of €11.4 million, or €11.43 per share2 (Q4 2024: €11.4 million, or €11.34 per share).
    • PRO FORMA ADJUSTED NAV: Pro forma for the release of the Liquidation Reserves and net of incentive fees, the Adjusted NAV as at 31 March 2025 would be €15.5 million, or €15.44 per share.
                                   
        Q4 2024 NAV   Q1 FV Movement   Q1 2025 NAV   Pro Forma Movements3   Q1 2025 Pro Forma NAV
        €’m € p.s.   €’m € p.s.   €’m € p.s.   €’m € p.s.   €’m € p.s.
    New Investment Strategy – EPIF   5.77 5.76   0.09 0.09   5.86 5.85     5.86 5.85

    Legacy Italian Real Estate Funds

      0.06 0.06     0.06 0.06     0.06 0.06
    Net Corporate Cash3&4   12.28 12.26   (0.16) (0.17)   12.11 12.09   (0.57) (0.57)   11.54 11.52
    Legacy German Tax Asset   3.97 3.97   0.03 0.04   4.01 4.01     4.01 4.01
    IFRS NAV   22.08 22.05   (0.04) (0.04)   22.04 22.01   (0.57) (0.57)   21.47 21.44
    Legacy German Tax Reserve5   (5.99) (5.97)   (0.02) (0.03)   (6.01) (6.00)     (6.01) (6.00)
    Adjusted NAV before Liquidation Reserve   16.09 16.08   (0.06) (0.07)   16.03 16.01   (0.57) (0.57)   15.46 15.44
    Liquidation Reserves3&5   (4.74) (4.74)   0.15 0.16   (4.59) (4.58)   4.59 4.58  
    Adjusted NAV  

    11.35

    11.34   0.09 0.09   11.44 11.43   4.02 4.01   15.46 15.44
    Ordinary shares outstanding   1,001,555         1,001,555         1,001,555
                                   

          As at 31 March 2025, the Company’s assets mainly comprise:

          1.   €12.1 million, or €12.09 per share, of net corporate cash3 which is available to continue seeking investments under the New Investment Strategy.

          2.   €5.9 million, or €5.85 per share, in the Company’s first investment under the New Investment Strategy – a Luxembourg real estate fund where Eurocastle, as sponsor, generates returns through its share of investments made and certain subsidiaries receive asset management and incentive fees from third party investors.

          3.   A tax asset of €4.0 million, or €4.01 per share, representing amounts paid (and associated interest) in relation to additional tax assessed against a former German property subsidiary where the Company won the first instance of its appeal in December 2024. The German tax authorities have since appealed the decision and the Company is waiting for the date of the next hearing.

          4.   Residual interests in two legacy Italian Real Estate Fund Investments with a NAV of €0.06 million, or €0.06 per share, where the underlying apartments are now all sold and both funds are in liquidation.

    Q1 2025 BUSINESS UPDATES & SUBSEQUENT EVENTS

    • New Investment Strategy – In 2024, Eurocastle launched a Luxembourg regulated fund, European Properties Investment Fund S.C.A., SICAV RAIF (“EPIF” or the “Fund”), through which it invests alongside selected co-investors. EPIF’s key strategy is to acquire small to mid-size real estate and real estate related assets in Southern Europe with superior risk adjusted returns. The Fund initially closed with Eurocastle committing to invest €8 million alongside a €2 million commitment from its JV Partner. EPIF is now being marketed to potential investors with a target size of €100 million.

    In addition to generating attractive risk adjusted returns on its share of any investments made, Eurocastle also anticipates receiving market standard management and incentive fees from third-party investors.

    Up to the end of Q1 2025, EPIF had invested approximately €7 million. Eurocastle’s 80% share amounted to €5.5 million, while its corresponding share of EPIF’s net asset value as at 31 March 2025 stood at €5.9 million, reflecting an increase in the value of the real estate acquired to date.

    Subsequent Events to Q1 2025 – Since Q1, EPIF has received commitments of approximately €51 million from 15 investors taking the total fund size to over €61 million. In addition, prospective investors representing a further €20 million in commitments are in the final stages of due diligence.

    In June, EPIF completed its second investment, calling approximately €1 million of capital to acquire a 70% interest in a vacant office property in central Athens. The asset was acquired from a defaulted borrower at a substantial discount to comparable sales in the area.

    In addition, EPIF has an active pipeline that currently includes approximately €40 million of potential opportunities.

    • Legacy Italian Real Estate Funds –The remaining NAV for these investments of €0.06 million, or €0.06 per share, reflects cash currently reserved in the funds that is expected to be released once the fund manager resolves certain potential liabilities and liquidates each fund.
    • Legacy German Tax Matter – Prior to 2024, the Company had paid a net amount of €3.7 million in relation to the Legacy German tax matter against which it has raised a corresponding tax asset (together with associated interest). The Company, in pursuing the reimbursement of this amount through the German fiscal court, won the first instance of its appeal in December 2024. Shortly after, the German tax authorities appealed the decision through the German federal tax court and the Company is currently waiting to be notified of the date of the hearing.

                      The remaining potential exposure, associated with the same point under dispute, is estimated to be €1.7 million. This relates to the years 2013 to 2015 which remain subject to ongoing tax audits. Notwithstanding the Company’s expectation that the tax matter will eventually be resolved in the Company’s favour, as at 31 March 2025, the full potential liability of €6.0 million, or €6.00 per share (including associated defence costs and interest accrued), is fully reserved for within the Additional Reserves.

    • Additional Reserves – As at 31 March 2025, of the total Additional Reserves of €10.6 million, €6.0 million related to the legacy German tax matter with the balance of approximately €4.6 million held in reserves to allow for future costs and potential liabilities while the Company consolidated in parallel the New Investment Strategy (the “Liquidation Reserves”).

                      Subsequent Events to Q1 2025 – In light of the Company’s strengthened financial position and prospects, the Board has reviewed the level of Additional Reserves and feel it appropriate to release the Liquidation Reserves.

    Income Statement for the Quarter ended 31 March 2025 and Quarter ended 31 March 2024 (unaudited)

      Income

    Statement

    Income

    Statement

      Q1 2025 Q1 2024
      € Thousands € Thousands
    Portfolio Returns    
    New Investment Strategy – EPIF unrealised fair value movement 85
    Legacy Real Estate Funds unrealised fair value movement (10)
    Fair value movement on Investments 85 (10)
    Other income 4
    Interest income 109 146
    Total income 194 141
         
    Operating Expenses    
    Manager base and incentive fees 41 20
    Remaining operating expenses 195 227
    Total expenses 236 247
         
    (Loss) for the period (42) (106)
    € per share (0.04) (0.11)

    Balance Sheet and Adjusted NAV Reconciliation as at 31 March 2025 and as at 31 December 2024

          31 March 2025

    Total

    € Thousands

    31 December 2024

    Total
    € Thousands

    Assets      
      Other assets   115 315
      Legacy German tax asset   4,012 3,974
      Investments – New Investment Strategy – EPIF   5,855 5,770
      Investments – Legacy Real Estate Funds   64 64
      Cash, cash equivalents   12,400 12,415
    Total assets   22,446 22,538
    Liabilities      
      Trade and other payables   318 389
      Manager base and incentive fees   84 63
    Total liabilities   402 452
    IFRS Net Asset Value   22,044 22,086
    Liquidation cash reserve   (4,590) (4,748)
    Legacy German tax cash reserve   (2,000) (2,008)
    Legacy German tax asset reserve   (4,012) (3,974)          
    Adjusted NAV   11,442 11,356
    Adjusted NAV (€ per Share)   11.43 11.34

    NOTICE: This announcement contains inside information for the purposes of the Market Abuse Regulation 596/2014.

    ANNUAL GENERAL MEETING

    The Company will hold its Annual General Meeting on Tuesday, 5 August 2025, at the Company’s registered office at 3:00 pm
    Guernsey time (4:00 pm CET). Notices and proxy statements will be posted by 14 July 2025 to shareholders of record at close of business on 10 July 2025.

    ADDITIONAL INFORMATION

    For investment portfolio information, please refer to the Company’s most recent Financial Report, which is available on the Company’s website (www.eurocastleinv.com).

    Terms not otherwise defined in this announcement shall have the meaning given to them in the Circular.

    ABOUT EUROCASTLE

    Eurocastle Investment Limited (“Eurocastle” or the “Company”) is a publicly traded closed-ended investment company. On 8 July 2022, the Company announced the relaunch of its investment activity and is currently in the early stages of pursuing its new strategy by initially focusing on opportunistic real estate in Greece with a plan to expand across Southern Europe. For more information regarding Eurocastle Investment Limited and to be added to our email distribution list, please visit www.eurocastleinv.com.

    FORWARD LOOKING STATEMENTS

    This release contains statements that constitute forward-looking statements. Such forward-looking statements may relate to, among other things, future commitments to sell real estate and achievement of disposal targets, availability of investment and divestment opportunities, timing or certainty of completion of acquisitions and disposals, the operating performance of our investments and financing needs. Forward-looking statements are generally identifiable by use of forward-looking terminology such as “may”, “will”, “should”, “potential”, “intend”, “expect”, “endeavour”, “seek”, “anticipate”, “estimate”, “overestimate”, “underestimate”, “believe”, “could”, “project”, “predict”, “project”, “continue”, “plan”, “forecast” or other similar words or expressions. Forward-looking statements are based on certain assumptions, discuss future expectations, describe future plans and strategies, contain projections of results of operations or of financial condition or state other forward-looking information. The Company’s ability to predict results or the actual effect of future plans or strategies is limited. Although the Company believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, its actual results and performance may differ materially from those set forth in the forward-looking statements. These forward-looking statements are subject to risks, uncertainties and other factors that may cause the Company’s actual results in future periods to differ materially from forecasted results or stated expectations including the risks regarding Eurocastle’s ability to declare dividends or achieve its targets regarding asset disposals or asset performance.


    1 In light of the Realisation Plan announced in 2019, the Adjusted NAV as at 31 March 2025 reflects additional reserves for future costs and potential liabilities, which have not been accounted for under the IFRS NAV. No commitments for these future costs and potential liabilities existed as at 31 March 2025.
    2 Per share calculations for Eurocastle throughout this document are based on 1,001,555 shares, unless otherwise stated.
    3 Adjustments to reflect the release of the Liquidation Reserve.
    4 Reflects corporate cash net of accrued liabilities and other assets.
    5 Reserves that were put in place when the Company realised the majority of its investment assets in 2019 in order for the Company to continue in operation and fund its
    future costs and potential liabilities. These reserves are not accounted for under IFRS.

    The MIL Network

  • MIL-OSI: IDEX Biometrics ASA – EX. SHARE CONSOLIDATION (REVERSE SPLIT) TODAY – 4 July 2025

    Source: GlobeNewswire (MIL-OSI)

    Issuer name:    IDEX Biometrics ASA
    Ex. date:    4 July 2025
    Type of corporate action:    Share consolidation (reverse split)

    Previous ISIN:    NO0013107490
    New ISIN:    NO0013536078

    For further information contact:
    Anders Storbråten, CEO and CFO
    E-mail: anders@idexbiometrics.com

    About this notice
    This notice was published by Erling Svela, Vice president of finance, on 4 July 2025 at 08:00 CET on behalf of IDEX Biometrics ASA. The information shall be disclosed according to Continuing Obligations at Oslo Børs Euronext and is published in accordance with section 5‑12 of the Norwegian Securities Trading Act.

    The MIL Network