Category: Economy

  • MIL-OSI Russia: Almost 10,000 large and medium-sized Moscow enterprises became profitable in the first quarter of 2025

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    About 10 thousand Moscow large and medium-sized enterprises showed a positive financial result for the first quarter of 2025. Their total profit amounted to almost 2.9 trillion rubles. This was reported by Maria Bagreeva, Deputy Mayor of Moscow, Head of the Moscow Department of Economic Policy and Development.

    Profitable organizations include companies that had a positive financial result during this period, i.e., income from their work exceeded expenses. The sample does not include state and municipal institutions, banks, as well as insurance organizations and pension funds.

    “Based on the results of the first quarter of 2025, almost 10 thousand enterprises were considered profitable – this is about 70 percent of large and medium-sized companies operating in the capital. They received a profit of 2.9 trillion rubles, which is 9.5 percent more than the result of January – March 2024,” noted Maria Bagreeva.

    About 19 percent of the total profit, or 549 billion rubles, was received by large and medium-sized enterprises in the trade sector. About 13 percent each came from companies in the financial sector (excluding banks, insurance companies and pension funds) and the manufacturing industry – 380 billion and 360 billion rubles, respectively.

    In the first quarter of 2025, large and medium-sized companies engaged in educational activities increased their profits the most: compared to the same period last year, it grew by 55 percent and amounted to 5.1 billion rubles. In the transportation and storage sector, the indicator increased by 51 percent – to 287 billion rubles, in the real estate sector, it grew by 47 percent – to 102 billion rubles, added Maria Bagreeva.

    Get the latest news quicklyofficial telegram channel the city of Moscow.

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

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

    https: //vv.mos.ru/nevs/ite/156179073/

    MIL OSI Russia News

  • MIL-OSI: IoBM Launches Yoojel—AI-Powered Search Engine—and Digiex, a Next-Generation Crypto Card Platform

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, July 03, 2025 (GLOBE NEWSWIRE) — The Innovation Business Machine (IoBM) is delighted to announce the inception of two potentially landmark platforms: Yoojel, an AI-native web browser for smart and intuitive AI based Search Engine, and Digiex, a Crypto card that converts digital assets into currency, which can be accepted anywhere in the world by merchants. With these milestones, IoBM boldly steps forward in giving shape to digital tools that are safe, intelligent, and convenient to use in today’s life.

    Yoojel: The Intelligent Browser of the Future

    Yoojel is an intuitive AI based Search Engine. It is designed with artificial intelligence to elevate the human experience with the World Wide Web. Yoojel defines browsing in the new age of real-time contextual intelligence, predictive search results, and an adaptive user interface.

    Key features of Yoojel include

    • AI-powered search and curation with results tailored not just by keywords but by user intent
    • Minimalist interface: clean, elegant design for distraction-free use
    • Privacy by design: data sovereignty and local-storage-first principles
    • Integration-ready: built to work side by side with productivity tools, smart wallets, and cloud services

    Muhammad Umair Saeed, Founder and CEO of IoBM, said, “Yoojel isn’t just another browser; it’s your intelligent gateway to the web. We built Yoojel to represent a future in which browsing is no longer about finding links but rather about finding knowledge.”

    Digiex: Real-World Spending with Crypto Made Simple

    Digiex provides a smooth transaction experience with crypto-to-fiat transfer in real-time, allowing users to spend their digital assets with a card accepted worldwide. Supporting multiple blockchains, the Digiex card offers smart invoicing, layers of security, and full wallet management.

    Digiex is for professionals, digital nomads, corporations, and the unbanked. It empowers you so you can be in control of how and where you spend your digital currency.

    Highlights of Digiex:

    • Multi-Chain Asset Support (BTC, ETH, USDT, etc.)
    • Smart Invoicing and Expense Tracking for business and personal finances
    • Spend Analytics with AI support

    “Digiex connects the crypto ecosystem with everyday finances,” Saeed said. “We are empowering a truly digital financial lifestyle.”

    About Muhammad Umair Saeed

    Muhammad Umair Saeed is a globally recognized technology entrepreneur, investor, and thought leader with a unique combination of technology depth/perspective and business commerce perspective, who has delivered market-leading next-generation platforms in the disciplines of AI, blockchain, digital identity, and post-quantum cryptography. He is the founder and often considered Chief Visionary of Innovation Business Machine (IoBM), a $2 billion company operating in Dubai, Europe, the Middle East, and Turkey.

    His company, IoBM, has led start-ups in some of the largest combined ventures across fintech, smart wallets, cybersecurity, cloud infrastructure, and metaverse technologies. He authored many important tenets regarding user sovereignty, privacy-first computing for a digitally sovereign user experience, and scalable digital finance that underpin Yoojel and the recently announced Digiex.

    In his role at IoBM, he has established a range of collaborations across continents with multiple strategic organizations, inclusive of financial institutions, blockchain technology consortia, and AI research institutes. His leadership even goes further towards breaking the so-called “rules” of business for the benefit of humanity… whether it be establishing a post-quantum-secure ecosystem, deploying blockchain software solutions for enterprise in the real world, or the latest in cybersecurity bridges and wallets for user-based solutions. Muhammad Umair Saeed, a passionate visionary and believer in purposeful innovation, is not only envisioning the future of digital finance and smart browsing; he is building it.

    Media Contact:

    Company Name: IoBM
    Company Website: http://www.io-bm.com
    Contact Person: Muhammad Umair Saeed
    Email Address: umair@io-bm.com

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4e1998ab-c00c-46cd-9ba7-bc695e37e7a7

    The MIL Network

  • MIL-OSI: Planisware accelerates its development in Asia and announces the opening of an office in Seoul

    Source: GlobeNewswire (MIL-OSI)

    Planisware accelerates its development in Asia and announces the opening of an office in Seoul

    Paris, France, July 3, 2025 – Planisware, a leading B2B provider of SaaS in the rapidly growing Project Economy market, announces the opening of an office in Seoul. This move aligns with the company’s international development strategy, and strengthens its footprint in Asia, where it already has a presence in Singapore and Japan.

    Ranked among the OECD’s most innovative countries, South Korea represents a high-potential market for Planisware. The country boasts a dynamic economy, driven by cutting-edge industries such as electronics, chemicals, life sciences and industrial equipment. These are all sectors in which Planisware has recognized expertise and a solid portfolio of international customers.

    The opening of this office aims to forge relationships with new South Korean players, providing them with local support, while consolidating links with existing customers, notably subsidiaries of major international groups. This local presence will enable more effective support for their digital transformation and the management of complex projects, particularly in the financial, telecoms, industrial and public sectors.

    Asia is a major strategic hub for Planisware,” says Loïc Sautour, CEO of Planisware.The opening of this third office in Asia marks an important step in our regional expansion. This latest inauguration in South Korea will enable us to support our growth in an economy renowned for its technological excellence and industrial dynamism. I am delighted to welcome Victor Mercier as head of this new office. His experience, in-depth knowledge of our solutions and ability to support our customers’ transformation will be invaluable assets in accelerating our development in South Korea.

    Yves Humblot, co-founder of Planisware, adds: “South Korea offers a unique environment, at the crossroads of innovation, industrial excellence and digitalization. This new office will enable us to better serve our customers and forge strong partnerships with key local players.”

    With over 15 years’ experience in complex project management and digital transformation, Victor Mercier joined Planisware in 2021. He held the position of Project Director for over four years before taking over the management of the South Korean subsidiary. Prior to this, he spent over seven years with Accenture, where he carried out numerous consulting projects in the energy, industry and infrastructure sectors, developing recognized expertise in IT project management, agile methods and change management. An engineering graduate of IMT Atlantique (2010), he brings solid expertise in digital transformation and complex project management.

    Contact

    Investor Relations: Benoit d’Amécourt

    benoit.damecourt@planisware.com
    +33 6 75 51 41 47

    Media: Brunswick Group
    Hugues Boëton / Tristan Roquet Montégon
    planisware@brunswickgroup.com
    +33 6 79 99 27 15 / +33 6 37 00 52 57

    About Planisware

    Planisware is a leading business-to-business (“B2B”) provider of Software-as-a-Service (“SaaS”) in the rapidly growing Project Economy. Planisware’s mission is to provide solutions that help organizations transform how they strategize, plan and deliver their projects, project portfolios, programs and products.

    With circa 750 employees across 18 offices, Planisware operates at significant scale serving around 600 organizational clients in a wide range of verticals and functions across more than 30 countries worldwide. Planisware’s clients include large international companies, medium-sized businesses and public sector entities.

    Planisware is listed on the regulated market of Euronext Paris (Compartment A, ISIN code FR001400PFU4, ticker symbol “PLNW”).

    For more information, visit planisware.com and connect with Planisware on LinkedIn.

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    The MIL Network

  • MIL-OSI Africa: Azentio appoints Harikrishnan Venkataramanan as President – Enterprise Resource Planning (ERP) to spearhead next phase of innovation and growth

    Source: APO

    Azentio Software (“Azentio”) (www.Azentio.com), a leading technology enabler in the banking, financial services, insurance (BFSI), and enterprise resource planning (ERP) sectors, today announces the appointment of Harikrishnan Venkataramanan as President – ERP.

    With over 25 years of experience in enterprise technology, including more than two decades in senior leadership at Ramco Systems, Hari brings a rare combination of strategic vision and deep executional expertise. His appointment marks a pivotal moment in Azentio’s journey to transform and scale its ERP business across high-growth markets.

    Hari has led ERP transformations across industries and geographies, delivering double-digit growth, sustained client success, and cutting-edge innovation in complex enterprise environments. He is known for building agile, customer-focused organizations that unlock real business value.

    In his new role, Hari will lead Azentio’s ERP strategy across product, engineering, and go-to-market, with a focus on expanding into new verticals, accelerating product innovation, and elevating customer experience. His leadership will be key to shaping the next generation of Azentio’s ERP offerings for sectors such as manufacturing, distribution, and financial management.

    Sanjay Singh, CEO of Azentio, commented:
    “Hari joins us at a transformative time for our ERP business. His track record of growth, innovation, and customer-centric execution makes him the ideal leader to drive our ambitions forward. We are thrilled to welcome him into the Azentio leadership team as we sharpen our focus on regional momentum and product excellence.”

    Harikrishnan Venkataramanan, President – ERP, added:
    “I’m energised by the opportunity to lead Azentio’s ERP business into its next phase. Today, ERP is about far more than operations, it’s about enabling intelligent, connected, and scalable enterprises. With Azentio’s strong regional foundation and product DNA, I’m excited to unlock new value for our customers and partners.”

    Hari’s appointment reinforces Azentio’s commitment to delivering transformative, industry-specific ERP solutions that empower businesses to scale, adapt, and lead in a rapidly evolving market landscape.

    Distributed by APO Group on behalf of Azentio Software Private Limited.

    Contacts:
    Media
    Sohini Bhattacharya
    sohini.bhattacharya@azentio.com

    About Azentio:
    Azentio is a leading provider of purpose-built, intelligence-driven technology solutions designed to transform the banking, financial services, insurance (BFSI), and enterprise resource planning (ERP) sectors. By combining cutting-edge innovation with deep domain expertise, Azentio empowers businesses to accelerate growth, enhance operational efficiency, and stay ahead in a rapidly evolving market. With a strong presence across the Middle East, Africa, and Southeast Asia, Azentio delivers world-class technology that streamlines processes and delivers tangible results, enabling organizations to achieve sustainable success. For more information on Azentio, please visit www.Azentio.com.

    Media files

    .

    MIL OSI Africa

  • MIL-OSI Australia: Rates for financial year ending 30 June 2025

    Source: New places to play in Gungahlin

    Foreign currency exchange rates for financial year 2025 – foreign currency equivalent to 1 AUD.

    Country

    Average rate for year ended 31 Dec 2024

    Average rate for year ended 30 Jun 2025

    Nearest actual exchange rate 31 Dec 2024

    Nearest actual exchange rate 30 Jun 2025

    Currency

    Canada

    0.9041

    0.9039

    0.8922

    0.8947

    Canadian dollar

    China

    4.7516

    4.6760

    4.5373

    4.6921

    Renminbi

    Europe

    0.6101

    0.5963

    0.5974

    0.5586

    Euro

    Hong Kong

    5.1522

    5.0497

    4.8261

    5.1416

    Hong Kong dollar

    India

    55.2412

    55.1294

    53.2100

    55.9900

    Indian Rupee

    Indonesia

    10462.9127

    10431.5777

    10031.0000

    10629.0000

    Rupiah

    Japan

    99.9712

    97.0162

    97.1400

    94.2600

    Yen

    Malaysia

    3.0207

    2.8547

    2.7787

    2.7602

    Malaysian ringgit

    Taiwan

    21.2001

    20.7936

    20.4000

    19.0700

    New Taiwan dollar

    New Zealand

    1.0907

    1.0966

    1.1045

    1.0768

    New Zealand dollar

    Philippines

    37.8282

    37.2010

    35.9600

    36.8800

    Peso

    Singapore

    0.8821

    0.8589

    0.8456

    0.8341

    Singapore dollar

    South Korea

    900.0732

    907.1583

    915.1100

    883.8900

    South Korean won

    Switzerland*

    n/a

    n/a

    n/a

    0.5228

    Swiss franc

    Thailand

    23.2963

    22.0392

    21.2000

    21.2900

    Baht

    UK

    0.5165

    0.5011

    0.4956

    0.4771

    Pound sterling

    USA

    0.6603

    0.6482

    0.6217

    0.6550

    US dollar

    Vietnam

    16543.5397

    16472.7171

    15855.0000

    17087.0000

    Dong

    Notes:

    From 1 January 2020, we have used the exchange rates from the Reserve Bank of AustraliaOpens in a new window. In previous years we have used exchange rates sourced from the Commonwealth Bank of AustraliaOpens in a new window.

    The Reserve Bank of Australia and the Commonwealth Bank publish rates for different countries.

    If we do not publish a rate for the country or year you need, you can use an appropriate exchange rate provided by:

    • a banking institution operating in Australia including, where relevant, the banking institution through which your foreign income is received
    • another reliable external source.

    Keep the rate used and the source of rates with your records. Be mindful that you cannot obtain an average rate (or rates) of exchange from an associate, or from yourself, unless otherwise notified by us.

    * The Reserve Bank of Australia has recommenced reporting on the Swiss franc after a period of absence, part way through the financial year 2024–25. For this reason, the average rates for the financial years 2023–24 and 2024–25 are not available for this currency.

    MIL OSI News

  • MIL-OSI: BTC Miner: Stable High Returns in Cryptocurrency Cloud Mining, Earn Millions with Eas

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, July 03, 2025 (GLOBE NEWSWIRE) — In the ever-evolving cryptocurrency market, many investors are seeking stable and reliable investment opportunities. However, with the market’s volatility, traditional cryptocurrency investments often come with high risks. Enter BTC Miner, the cloud mining platform that offers a low-risk, high-return solution for global investors.

    BTC Miner utilizes advanced smart cloud mining technology to help users earn daily, stable returns without the need for technical knowledge or costly hardware. The platform’s unique feature is its guaranteed principal and fixed returns, ensuring that investors’ capital remains secure while generating consistent profits.

    Stable High Returns, Easy Profits

    As one of the leaders in the cryptocurrency industry, BTC Miner combines its smart cloud mining system and green energy mining farms to provide investors with a low-risk, sustainable investment platform. With BTC Miner, investors can easily choose different mining contracts and enjoy daily stable returns. For example:

    • Invest $200 and earn $10 daily, recouping $220 in 2 days
    • Invest $1,000 and earn $23.8 daily, recouping $1,071.40 in 3 days
    • Invest $30,000 and earn $502.5 daily, recouping $35,175 in 7 days

    These fixed-return contracts offer unprecedented stability, shielding investors from the risks associated with the fluctuating prices of Bitcoin, Ethereum, and other cryptocurrencies.

    Register and Receive $500 Bonus, Start Your Cloud Mining Journey

    To help more investors understand and experience cloud mining, BTC Miner is offering a $500 bonus to new users. By registering an account, users can claim this bonus and use it to purchase mining contracts, allowing them to experience zero-risk stable returns. This offer not only provides a risk-free opportunity for newcomers but also enables experienced investors to verify the platform’s stability and profit potential.

    Referral Rewards Program: Invite More, Earn More

    BTC Miner also offers an innovative Referral Rewards Program. By inviting friends to register and invest, users can earn up to 7% in referral rewards. Share your personal referral link, bring more people into the platform, and once your referrals start mining, you will earn rewards from their contract investments.

    This reward program not only encourages platform growth but also allows users to earn passive income through the social referral system. The more people you invite, the higher your earnings as their investments grow.

    FCA Certification: Ensuring Fund Security and Platform Compliance

    To ensure the platform’s legitimacy and the security of users’ funds, BTC Miner has obtained FCA (Financial Conduct Authority) certification. The FCA is one of the most stringent financial regulatory bodies in the world, and obtaining this certification means that the platform complies with strict regulatory standards, ensuring transparent and lawful operations. Investors can confidently invest, knowing their funds are protected in a secure, compliant environment.

    Investor Feedback: High Returns and Stability Praised

    Many investors have praised BTC Miner for its stable returns and transparent operations. Users from around the world have expressed their satisfaction with the platform, which provides not only stable returns but also a simple way to manage investments, greatly reducing their concerns about market volatility.

    John Davis, a U.S.-based investor, shared his experience: “In the fast-moving world of digital assets, finding a stable investment platform is rare. BTC Miner gave me peace of mind with guaranteed returns. The FCA certification gives me confidence, and I’m looking forward to continuing to increase my investment with the platform.”

    How to Join BTC Miner?

    1. Register an Account: Visit https://btcminer.net, fill in your details, and complete the registration.
    2. Claim Your $500 Bonus: New users can claim a $500 bonus upon registration to start cloud mining.
    3. Choose a Suitable Contract: Based on your budget and needs, select a mining contract that works for you.
    4. Start Earning: Your returns will be automatically credited daily, and you can choose to withdraw or reinvest.

    Summary:

    As the cryptocurrency market matures, BTC Miner stands out by offering innovative smart cloud mining and green energy mining solutions, providing a stable, high-return, low-risk platform for global investors. With FCA certification, fixed-return contracts, and a flexible Referral Rewards Program, BTC Miner makes it easy for anyone to enter the cloud mining world and earn passive income.

    Register today at BTC Miner and begin your cloud mining journey—turn stable high returns into your new investment strategy!

    Website: https://btcminer.net
    Email: info@btcminer.net

    Attachment

    The MIL Network

  • MIL-OSI: NR7 Miner launches innovative cloud mining: only $12 to start daily cryptocurrency income

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, July 03, 2025 (GLOBE NEWSWIRE) — NR7 Miner, a global cloud crypto mining platform, officially launched the “one-click mining” service. Users only need $12 to participate in cloud mining, and obtain daily passive income through mainstream currencies such as XRP, Bitcoin, Ethereum, etc., completely eliminating hardware investment and professional technical barriers.

    Core advantages of one-click mining

    10 seconds quick start: register → select a plan → automatic mining

    Intelligent income optimization: the system dynamically allocates computing power to high-potential currencies such as XRP, BTC, ETH, DOGE, etc.

    0 additional costs: no equipment purchase, power consumption or maintenance expenses

    Terminator of traditional mining pain points
    ✅ Say goodbye to the investment of 10,000 yuan mining machine
    ✅ Solve the noise, heat and space occupation
    ✅ No wallet configuration and mining pool management required
    ✅ Avoid direct risks of market fluctuations

    Three core guarantees of NR7 Miner

    Ultra-low threshold: 12 US dollars to start, support cryptocurrency payment

    Flexible income: daily withdrawal, no lock-up restrictions

    Principal security: 100% return of investment amount upon contract expiration

    Exclusive benefits for newcomers
    Sign up and get 12 US dollars of experience money
    Check in daily and get another 0.5 US dollars of rewards

    Reference for popular income plans

    Common choice of global users
    NR7 Miner service network covers 180+ countries around the world, providing stable encryption income plans for millions of users. The platform supports mining of mainstream currencies such as XRP, BTC, ETH, DOGE, LTC, SOL, and the user scale will grow by more than 300% in 2025.

    “Whether you are an office worker or a white-collar worker in a business, you can start mining immediately as long as you register and get $12. It’s really that simple, and you will have a lazy passive income immediately.” NR7 Miner CEO added.

    What are you waiting for?
    NR7 Miner offers limited-time rewards for new users. Register now to get $12 in free cryptocurrency and start earning daily income through XRP and other popular cryptocurrencies.

    About NR7 Miner
    Founded in 2020, it is a global leader in cloud-based cryptocurrency mining and AI-driven DeFi solutions. The platform supports XRP, BTC, ETH, DOGE, LTC and SOL mining, providing low-risk, high-return cryptocurrency income opportunities for more than 9 million users worldwide. Join NR7 Miner to create the future of decentralized finance.
    For more information, please visit: https://nr7miner.com

    Media details
    NR7 miner
    Support@nr7miner.com
    North Quay, Great Yarmouth, Norfolk, United Kingdom, NR30 1HE

    Attachment

    The MIL Network

  • MIL-OSI: NR7 Miner launches innovative cloud mining: only $12 to start daily cryptocurrency income

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, July 03, 2025 (GLOBE NEWSWIRE) — NR7 Miner, a global cloud crypto mining platform, officially launched the “one-click mining” service. Users only need $12 to participate in cloud mining, and obtain daily passive income through mainstream currencies such as XRP, Bitcoin, Ethereum, etc., completely eliminating hardware investment and professional technical barriers.

    Core advantages of one-click mining

    10 seconds quick start: register → select a plan → automatic mining

    Intelligent income optimization: the system dynamically allocates computing power to high-potential currencies such as XRP, BTC, ETH, DOGE, etc.

    0 additional costs: no equipment purchase, power consumption or maintenance expenses

    Terminator of traditional mining pain points
    ✅ Say goodbye to the investment of 10,000 yuan mining machine
    ✅ Solve the noise, heat and space occupation
    ✅ No wallet configuration and mining pool management required
    ✅ Avoid direct risks of market fluctuations

    Three core guarantees of NR7 Miner

    Ultra-low threshold: 12 US dollars to start, support cryptocurrency payment

    Flexible income: daily withdrawal, no lock-up restrictions

    Principal security: 100% return of investment amount upon contract expiration

    Exclusive benefits for newcomers
    Sign up and get 12 US dollars of experience money
    Check in daily and get another 0.5 US dollars of rewards

    Reference for popular income plans

    Common choice of global users
    NR7 Miner service network covers 180+ countries around the world, providing stable encryption income plans for millions of users. The platform supports mining of mainstream currencies such as XRP, BTC, ETH, DOGE, LTC, SOL, and the user scale will grow by more than 300% in 2025.

    “Whether you are an office worker or a white-collar worker in a business, you can start mining immediately as long as you register and get $12. It’s really that simple, and you will have a lazy passive income immediately.” NR7 Miner CEO added.

    What are you waiting for?
    NR7 Miner offers limited-time rewards for new users. Register now to get $12 in free cryptocurrency and start earning daily income through XRP and other popular cryptocurrencies.

    About NR7 Miner
    Founded in 2020, it is a global leader in cloud-based cryptocurrency mining and AI-driven DeFi solutions. The platform supports XRP, BTC, ETH, DOGE, LTC and SOL mining, providing low-risk, high-return cryptocurrency income opportunities for more than 9 million users worldwide. Join NR7 Miner to create the future of decentralized finance.
    For more information, please visit: https://nr7miner.com

    Media details
    NR7 miner
    Support@nr7miner.com
    North Quay, Great Yarmouth, Norfolk, United Kingdom, NR30 1HE

    Attachment

    The MIL Network

  • MIL-OSI Economics: Guinea: Operationalization of the statutory special resolution regime

    Source: International Monetary Fund

    Summary

    The report outlines the efforts of the International Monetary Fund (IMF) to assist the Central Bank of the Republic of Guinea (BCRG) in operationalizing a special resolution regime (SRR) for credit institutions. This initiative addresses the deficiencies in Guinea’s financial safety net, which currently lacks a comprehensive resolution framework. The project involved enhancing staff capacity and developing resolution tools like partial sale and bridge institution. Key findings highlight the need for increased staffing and expertise, while recommendations focus on establishing a resolution function, drafting resolution plans, and ensuring that resolution tools will be supported by an adequate resolution funding mechanism. These measures aim to strengthen Guinea’s financial stability and crisis management capabilities.

    Subject: Bank resolution framework, Crisis management, Crisis resolution, Financial crises, Financial safety nets, Financial sector policy and analysis, Financial sector stability, Special resolution regime

    Keywords: Bank resolution framework, Bridge bank, Crisis management, Crisis management, Crisis resolution, Financial crisis management, Financial safety net, Financial safety nets, Financial sector stability, Financial stability, Special resolution regime, Special resolution regime

    MIL OSI Economics

  • RBI issues advisory to banks for integration of DoT’s Financial Fraud Risk Indicator

    Source: Government of India

    Source: Government of India (4)

    The Department of Telecommunications (DoT) welcomes the Reserve Bank of India’s (RBI) advisory issued on June 30, directing all Scheduled Commercial Banks, Small Finance Banks, Payments Banks and Co-operative Banks to integrate the Financial Fraud Risk Indicator (FRI) developed by DoT into their systems.

    This major step is expected to strengthen efforts to curb cyber-enabled financial frauds and boost collaboration between key agencies to protect citizens in the expanding digital economy. The integration will automate data exchange between banks and DoT’s Digital Intelligence Platform (DIP) through secure API-based systems, allowing for real-time fraud risk checks and continuous updates.

    What is the Financial Fraud Risk Indicator and How Will It Help?

    Launched in May 2025 by DoT’s Digital Intelligence Unit (DIU), the Financial Fraud Risk Indicator is a risk-based tool that classifies mobile numbers as Medium, High or Very High risk based on data from the National Cybercrime Reporting Portal, DoT’s Chakshu platform and intelligence inputs from banks and financial institutions.

    Using the FRI, banks can take immediate preventive steps such as declining suspicious transactions, alerting customers, or delaying high-risk transactions. DoT’s DIU also shares a Mobile Number Revocation List with stakeholders, which includes numbers disconnected due to links with cybercrime or misuse.

    The system is already being used by major institutions including PhonePe, Punjab National Bank, HDFC Bank, ICICI Bank, Paytm and India Post Payments Bank. With UPI being widely used across India, the wider adoption of FRI is expected to protect millions of users from online fraud.

    DoT has reiterated its commitment to support banks and financial institutions with technology-driven, coordinated solutions like the FRI. The move aligns with the Government’s Digital India vision and aims to strengthen digital trust, improve fraud detection and enhance resilience across the financial ecosystem.

  • MIL-Evening Report: Experiencing extreme weather and disasters is not enough to change views on climate action, study shows

    Source: The Conversation (Au and NZ) – By Omid Ghasemi, Research Associate in Behavioural Science at the Institute for Climate Risk & Response, UNSW Sydney

    STR / AFP via Getty Images

    Climate change has made extreme weather events such as bushfires and floods more frequent and more likely in recent years, and the trend is expected to continue. These events have led to human and animal deaths, harmed physical and mental health, and damaged properties and infrastructure.

    Will firsthand experience of these events change how people think and act about climate change, making it seem immediate and local rather than a distant or future problem?

    Research so far has offered a mixed picture. Some studies suggest going through extreme weather can make people more likely to believe in climate change, worry about it, support climate policies, and vote for Green parties. But other studies have found no such effects on people’s beliefs, concern, or behaviour.

    New research led by Viktoria Cologna at ETH Zurich in Switzerland may help to explain what’s going on. Using data from around the world, the study suggests simple exposure to extreme weather events does not affect people’s view of climate action – but linking those events to climate change can make a big difference.

    Global opinion, global weather

    The new study, published in Nature Climate Change, looked at the question of extreme weather and climate opinion using two global datasets.

    The first is the Trust in Science and Science-related Populism (TISP) survey, which includes responses from more than 70,000 people in 68 countries. It measures public support for climate policies and the extent that people think climate change is behind increases in extreme weather.

    The second dataset estimates how much of each country’s population has been affected each year by events such as droughts, floods, heatwaves and storms. These estimates are based on detailed models and historical climate records.

    Public support for climate policies

    The survey measured public support for climate policy by asking people how much they supported five specific actions to cut carbon emissions. These included raising carbon taxes, improving public transport, using more renewable energy, protecting forests and land, and taxing carbon-heavy foods.

    Responses ranged from 1 (not at all) to 3 (very much). On average, support was fairly strong, with an average rating of 2.37 across the five policies. Support was especially high in parts of South Asia, Africa, the Americas and Oceania, but lower in countries such as Russia, Czechia and Ethiopia.

    Exposure to extreme weather events

    The study found most people around the world have experienced heatwaves and heavy rainfall in recent decades. Wildfires affected fewer people in many European and North American countries, but were more common in parts of Asia, Africa and Latin America.

    Cyclones mostly impacted North America and Asia, while droughts affected large populations in Asia, Latin America and Africa. River flooding was widespread across most regions, except Oceania.

    Do people in countries with higher exposure to extreme weather events show greater support for climate policies? This study found they don’t.

    In most cases, living in a country where more people are exposed to disasters was not reflected in stronger support for climate action.

    Wildfires were the only exception. Countries with more wildfire exposure showed slightly higher support, but this link disappeared once factors such as land size and overall climate belief were considered.

    In short, just experiencing more disasters does not seem to translate into increased support for mitigation efforts.

    Seeing the link between weather and climate change

    In the global survey, people were asked how much they think climate change has increased the impact of extreme weather over recent decades. On average, responses were moderately high (3.8 out of 5) suggesting that many people do link recent weather events to climate change.

    Such an attribution was especially strong in Latin America, but lower in parts of Africa (such as Congo and Ethiopia) and Northern Europe (such as Finland and Norway).

    Crucially, people who more strongly believed climate change had worsened these events were also more likely to support climate policies. In fact, this belief mattered more for policy support than whether they had actually experienced the events firsthand.

    What does this study tell us?

    While public support for climate policies is relatively high around the world, even more support is needed to introduce stronger, more ambitious measures. It might seem reasonable to expect that feeling the effects of climate change would push people to act, but this study suggests that doesn’t always happen.

    Prior research shows less dramatic and chronic events like rainfall or temperature anomalies have less influence on public views than more acute hazards like floods or bushfires. Even then, the influence on beliefs and behaviour tends to be slow and limited.

    This study shows climate impacts alone may not change minds. However, it also highlights what may affect public thinking: helping people recognise the link between climate change and extreme weather events.

    In countries such as Australia, climate change makes up only about 1% of media coverage. What’s more, most of the coverage focuses on social or political aspects rather than scientific, ecological, or economic impacts.

    Many stories about disasters linked to climate change also fail to mention the link, or indeed mention climate change at all. Making these connections clearer may encourage stronger public support for climate action.

    Omid Ghasemi receives funding from the Australian Academy of Science. He was a member of the TISP consortium and a co-author of the dataset used in this study.

    ref. Experiencing extreme weather and disasters is not enough to change views on climate action, study shows – https://theconversation.com/experiencing-extreme-weather-and-disasters-is-not-enough-to-change-views-on-climate-action-study-shows-260308

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI New Zealand: BNZ offers support to customers affected by severe weather in the Upper South Island

    Source: BNZ Statements

    “If you’ve been impacted by severe weather and are concerned about your finances, please call us.”

    That’s the message for customers from BNZ Head of Branch for the Lower North Island and top of the South, Christine Jones.

    BNZ is offering a targeted assistance package to affected customers in Nelson, Tasman and Marlborough.

    Available immediately, the assistance package includes:

    • Ability to review home lending facilities on a case-by-case basis.
    • Access to temporary personal overdrafts to support customers who require access to funds urgently while they await insurance pay-outs. Standard interest rates and credit criteria applies.
    • Access to temporary overdrafts of up to $10,000 with no application fee for Small Business customers. Standard interest rates and credit criteria applies.
    • Access to temporary overdrafts for Agri, Business, and Commercial customers up to $100,000, with no application fee. Standard interest rates and credit criteria applies.

    “We understand that some of our customers may be facing unexpected challenges to their homes, businesses and communities as a result of the severe weather events,” says Christine.

    “We are offering practical support to help relieve some of the pressure during this time, so people can focus on the clean-up and recovery.

    “We also have a range of other options available, especially for customers who are facing hardship, so I encourage people to get in touch so we can see how we can help,” says Christine.

    To discuss support options, business and agribusiness customers should reach out to their BNZ Partner. Small business owners can call 0800 BNZSME, while personal banking customers can access support through BNZ’s digital platforms or by calling 0800 ASKBNZ.

    BNZ PremierCare Insurance customers who need assistance can call IAG NZ on 0800 248 888 or submit an online claim https://iagnz.custhelp.com/app/bnz.

    ENDS

    The post BNZ offers support to customers affected by severe weather in the Upper South Island appeared first on BNZ Debrief.

    MIL OSI New Zealand News

  • MIL-OSI Australia: Have your say on the City’s draft Council Plan

    Source: South Australia Police

    Have your say on the City’s draft Council Plan 2025 – 2034, a roadmap for delivering the future services and facilities needed to support the City’s growth and wellbeing.

    Shaped by feedback from the Wanneroo Liveability Survey and a series of community workshops held earlier this year, the plan proposes five strategic goals and supporting priorities to build and grow:

    • a safe City
    • a connected and liveable City
    • a thriving economy
    • a sustainable City
    • a well-governed and managed City

    Wanneroo Mayor Linda Aitken said the plan was all about building the kind of future our community wants to see.

    “It’s practical, positive and packed with potential,” she said.

    “It’s been shaped by what locals have told us matters most – things like safety, sustainability, local jobs and staying connected.

    “Now we’d love to hear what you think. Take a look, have your say and help us shape what’s next for our City!”

    This is the City’s first Council Plan and will bring together the former Strategic Community Plan and Corporate Business Plan into one cohesive document.

    Have your say on the draft plan before 5pm Monday 21 July 2025.

    MIL OSI News

  • MIL-OSI USA: Here’s how President Trump’s tax cuts for the ultra-rich will hurt YOU

    Source: US State of California Governor

    Jul 2, 2025

    SACRAMENTO – As House Republicans vote on the measure as soon as tonight, President Trump’s “big beautiful” national debt-adding bill is a massive tax break for the wealthiest Americans, at the cost of programs and services used by everyday families. It gives tax breaks to the ultra-rich, balloons our national debt, and guts programs that most Americans depend on – including health care, food assistance, and public safety programs. Allow us to demonstrate:

    A plan for the ultra-rich

    Starting in 2029, those making $30,000 a year or less would see a tax increase, while the top 0.1 percent would get a $309,000 tax cut, on average – an annual tax break that is more than three times what the typical American household earns in an entire year. 

    Oh, and the “no taxes on tips” program that Trump keeps raving about? Many workers will see little to no benefit. The program for tipped workers is temporary, expiring in 2028, meanwhile the tax cut for the ultra-wealthy is permanent. By 2029, those earning less than $30,000 a year will see their taxes increase, on average. These same families will also be harmed by cuts to health care and food assistance. 

    Here’s how Trump’s plan will hurt you

    This bill is a complete betrayal of Americans by the Trump administration. Not only does it cut programs for families trying to make ends meet, but decimates middle-class opportunities – including health care and children’s access to college. 
     

    Eliminates American taxpayer jobs

    • Puts 686,000 California jobs at risk, through the elimination of the Inflation Reduction Act’s clean energy tax credits. NABTU says that if enacted, “this stands to be the biggest job-killing bill in the history of this country.”

    Significantly cuts critical family support programs

    • More than $28.4 billion slashed in federal Medicaid funding to California – increasing medical debt and jeopardizing health care providers’ ability to keep their doors open.
    • More than 11 million newly uninsured for health care nationally.
    • Roughly 17 million people would lose coverage and become uninsured by 2034 due to various Medicaid reductions and the exclusion of enhanced premium subsidies.
    • Cuts necessary food assistance for people for 3 million people nationwide in need of quality nutrition and food.
    • Establishes a tax hike for parents who pay for child care.
    • Rural hospitals across the state are likely to see care offered cut or doors closed entirely.

    Defunds public safety

    • $646 million from the Federal Emergency Management Agency (FEMA) for violence and terrorism prevention.
    • $545 million from the Federal Bureau of Investigation (FBI), cutting its workforce by more than 2,000 personnel and reducing its capacity to keep criminals off the street. 
    • $491 million from the Cybersecurity and Infrastructure Security Agency (CISA), making our cyber and physical infrastructure more vulnerable to attack.
    • $468 million from the Bureau of Alcohol, Tobacco, and Firearms (ATF), greatly reducing its ability to crack down on firearm trafficking and reduce gun violence.
    • $212 million from the Drug Enforcement Administration (DEA), greatly reducing its capacity to help state and local law enforcement and weakening efforts to fight international drug smuggling impacting the United States.
    • $107 million from Bureau of Indian Affairs (BIA) Public Safety and Justice, exacerbating current understaffing and making tribal communities less safe.

    Endangers wildfire-prone communities

    • Cuts wildfire prevention programs like – raking the forests, forest management services – and eliminates personnel hired to fight wildfires.

    Defunds Planned Parenthood

    • Defunds Planned Parenthood – essentially creating a backdoor abortion ban – that could put health care for 1.1 million patients at risk and force nearly 200 health centers to close, mostly in states where abortion is legal.

    Unfairly targets green vehicles 

    • Creates penalties for families who own a hybrid or electric vehicle – increasing the cost of taking personal responsibility even more.

    Unjustly targets American students

    • Takes away college access from millions of children by limiting families’ ability to access financial aid for college, including Pell Grants. 
    • Betrays student loan borrowers by ending student loan deferment for borrowers who experience job loss or other financial hardships, and forbids any future student loan forgiveness programs. 

    Raises costs and separates American families

    • Pours billions of dollars into supercharging the cruel and reckless raids like we have seen in Southern California and across agricultural areas, expanding the targeting of families, workers and businesses and harassment of U.S. citizens nationwide. Americans overwhelmingly agree we should have a pathway to citizenship for immigrants who have been here for years, pay their taxes, and are good members of their communities, such as farmworkers, Dreamers, and mixed-status families. 

    Recent news

    News SACRAMENTO – Governor Gavin Newsom today announced the following appointments: Tamie McGowen, of Folsom, has been appointed Senior Advisor for Strategy and Operations for the California State Transportation Agency. McGowen has been Deputy Secretary of…

    News SACRAMENTO – Governor Gavin Newsom issued the following statement regarding the death of California Highway Patrol Officer Miguel Cano:“Officer Miguel Cano dedicated his life to serving our communities, and his passing is a heartbreaking loss for the state and…

    News What you need to know: Governor Newsom is more than doubling the state’s Film and Television Tax Credit Program, and adding 16 new television projects that will generate $1.1 billion in new economic activity. BURBANK – Today, Governor Gavin Newsom joined labor…

    MIL OSI USA News

  • MIL-OSI: DMG Blockchain Solutions Announces Preliminary June Operational Results

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, July 02, 2025 (GLOBE NEWSWIRE) — DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB: DMGGF) (FRANKFURT: 6AX) (“DMG” or the “Company”), a vertically integrated blockchain and data center technology company, today announces its preliminary operational results for June 2025:

    • Bitcoin mined: 23 BTC (vs 31 BTC in May 2025)
    • Hashrate: 1.56 EH/s (vs 1.89 EH/s in May 2025)
    • Bitcoin balance: 341 BTC (vs 350 BTC in May 2025)

    During June 2025, DMG’s realized hashrate was 1.56 EH/s, down 18% from the 1.89 EH/s reported in May, as the Company experienced an unscheduled electrical outage of nearly two days at its Christina Lake facility and faced continued challenges operating its hydro infrastructure.

    In particular, a regional lightning storm resulted in the tripping of a main substation breaker that required extensive servicing. In addition, DMG’s hydro infrastructure has been experiencing downtime related to contamination due to manufacturer quality control issues. This problem has been actively addressed over the past several weeks. The Company believes that with additional servicing and close monitoring, it can bring the hashrate of its current hydro mining capacity closer to its 0.4 EH/s potential, even as the summer heat sets in. The hydro miners are designed to operate in ambient temperatures exceeding 40 degrees Celsius, albeit at lower efficiencies.

    Based on experience gained from its initial 6-megawatt hydro mining container build-out, DMG now plans to source new hydro infrastructure from alternative manufacturers; for its planned Christina Lake building hydro deployment, the Company will utilize its existing electrical distribution and shelving, while sourcing key hydro infrastructure components from best-of-breed vendors. This should simplify the transition from air-cooled to direct liquid-cooled mining, while giving DMG improved quality control over its supply chain and infrastructure component integration. DMG intends to build a pilot system in its Christina Lake building this summer ahead of its planned expansion to grow to 3 EH/s by the end of calendar 2025.

    DMG’s bitcoin balance was 341 BTC at the end of June. The Company sold bitcoin during the month to fund operating expenses and further reduce its loan balance with Sygnum Bank, in line with prior guidance.

    Agreement for a New Bitcoin Mining Site in Canada outside of British Columbia

    DMG announces it has executed a binding agreement following its May 2023 announcement to develop a new data processing center with access to low-cost renewable energy located in a Canadian province outside of British Columbia. The agreement supports DMG’s longer-term strategy to identify pockets of low-cost energy, based on which it intends to eventually operate the majority of its Bitcoin mining fleet. Once fully operational, DMG expects to initially add approximately 1 EH/s of Bitcoin mining capacity, depending on the selected equipment and the commissioning timeframe, currently projected for the second half of calendar 2026.

    DMG’s CEO, Sheldon Bennett, commented, “In June, we encountered several unforeseen issues with our Bitcoin mining infrastructure, but we also advanced our longer-term objective to migrate our Bitcoin mining to where energy is less expensive. We continue to make progress in our discussions with Canadian governmental agencies, with a focus on the Department of National Defence, as Canada has pledged to increase its military spending, with AI as a key pillar of that growth. Regarding Systemic Trust, we remain encouraged regarding custody clients onboarding to the platform as well as expanding the platform capability beyond custody.”

    Grant of Stock Options and RSUs

    DMG announces the granting of stock options and RSUs to employees and directors of the Company. A total of 201,607 stock options (“Options”) and 1,275,000 restricted stock units (“RSUs”) have been granted. The Options are exercisable over five years at a price of $0.285 per share, with vesting in 25% increments on the six-, 12-, 18-, and 24-month anniversaries of the grant date. The RSUs vest in one year; these grants are designed to create an incentive structure that aligns longer-term performance with the Company’s growth.

    About DMG Blockchain Solutions Inc.

    DMG is a publicly traded and vertically integrated blockchain and data center technology company that manages, operates and develops end-to-end digital solutions to monetize the digital asset and artificial intelligence compute ecosystems. Systemic Trust Company, a wholly owned subsidiary of DMG, is an integral component of DMG’s carbon-neutral Bitcoin ecosystem, which enables financial institutions to move Bitcoin in a sustainable and regulatory-compliant manner.

    For additional information about DMG Blockchain Solutions and its initiatives, please visit www.dmgblockchain.com. Follow @dmgblockchain on X, LinkedIn and Facebook, and subscribe to the DMG YouTube channel to stay updated with the latest developments and insights.

    For further information, please contact:

    On behalf of the Board of Directors,

    Sheldon Bennett, CEO & Director
    Tel: +1 (778) 300-5406
    Email: investors@dmgblockchain.com
    Web: www.dmgblockchain.com

    For Investor Relations:
    investors@dmgblockchain.com

    For Media Inquiries:
    Chantelle Borrelli
    Head of Communications
    chantelle@dmgblockchain.com

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

    Cautionary Note Regarding Forward-Looking Information

    This news release contains forward-looking information or statements based on current expectations. Forward-looking statements contained in this news release include statements regarding DMG’s strategies and plans, executing on DMG’s broader strategy to shift its data center capacity towards AI, increasing hashrate, the planned expansion to grow to 3 EH/s by the end of calendar 2025, sourcing hydro infrastructure from alternative manufacturers, securing new clients for the Systemic Trust digital asset custody subsidiary, the opportunity and plans to monetize bitcoin transactions and provide additional products and services to customers and users, the continued investment in Bitcoin network software infrastructure and applications, the expected allocation of capital, developing and executing on the Company’s products and services, increasing self-mining, increasing hashrate, efforts to improve the operation of its mining fleet, the launch of products and services, events, courses of action, and the potential of the Company’s technology and operations, among others, are all forward-looking information.

    Future changes in the Bitcoin network-wide mining difficulty rate or Bitcoin hashrate may materially affect the future performance of DMG’s production of bitcoin, and future operating results could also be materially affected by the price of bitcoin and an increase in hashrate mining difficulty.

    Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, market and other conditions, volatility in the trading price of the common shares of the Company, business, economic and capital market conditions; the ability to manage operating expenses, which may adversely affect the Company’s financial condition; the ability to remain competitive as other better financed competitors develop and release competitive products; regulatory uncertainties; access to equipment; market conditions and the demand and pricing for products; the demand and pricing of bitcoin; the demand and pricing of AI data centers and usage; security threats, including a loss/theft of DMG’s bitcoin; DMG’s relationships with its customers, distributors and business partners; the inability to add more power to DMG’s facilities; DMG’s ability to successfully define, design and release new products in a timely manner that meet customers’ needs; the ability to attract, retain and motivate qualified personnel; competition in the industry; the impact of technology changes on the products and industry; failure to develop new and innovative products; the ability to successfully maintain and enforce our intellectual property rights and defend third-party claims of infringement of their intellectual property rights; the impact of intellectual property litigation that could materially and adversely affect the business; the ability to manage working capital; and the dependence on key personnel. DMG may not actually achieve its plans, projections, or expectations. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the demand for its products, the ability to successfully develop software, that there will be no regulation or law that will prevent the Company from operating its business, anticipated costs, the ability to secure sufficient capital to complete its business plans, the ability to achieve goals and the price of bitcoin. Given these risks, uncertainties, and assumptions, you should not place undue reliance on these forward-looking statements. The securities of DMG are considered highly speculative due to the nature of DMG’s business. For further information concerning these and other risks and uncertainties, refer to the Company’s filings on www.sedarplus.ca. In addition, DMG’s past financial performance may not be a reliable indicator of future performance.

    Factors that could cause actual results to differ materially from those in forward-looking statements include, failure to obtain regulatory approval, the continued availability of capital and financing, equipment and/or infrastructure failures, lack of supply of equipment, power and infrastructure, failure to obtain any permits required to operate the business, the impact of technology changes on the industry, the impact of viruses and diseases on the Company’s ability to operate, secure equipment, and hire personnel, competition, security threats including stolen bitcoin from DMG or its customers, consumer sentiment towards DMG’s products, services and blockchain and AI technology generally, failure to develop new and innovative products, litigation, adverse weather or climate events, increase in operating costs, increase in equipment and labor costs, equipment failures, decrease in the price of Bitcoin, failure of counterparties to perform their contractual obligations, government regulations, loss of key employees and consultants, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information. The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Additionally, the Company undertakes no obligation to comment on the expectations of or statements made by third parties in respect of the matters discussed above.

    The MIL Network

  • MIL-OSI Banking: Money Market Operations as on July 02, 2025

    Source: Reserve Bank of India


    (Amount in ₹ crore, Rate in Per cent)

      Volume
    (One Leg)
    Weighted
    Average Rate
    Range
    A. Overnight Segment (I+II+III+IV) 6,37,489.66 5.16 1.00-6.25
         I. Call Money 16,924.02 5.27 4.70-5.35
         II. Triparty Repo 4,29,235.45 5.14 5.00-5.21
         III. Market Repo 1,89,448.64 5.20 1.00-5.50
         IV. Repo in Corporate Bond 1,881.55 5.44 5.35-6.25
    B. Term Segment      
         I. Notice Money** 204.25 5.25 4.90-5.35
         II. Term Money@@ 617.50 5.30-5.75
         III. Triparty Repo 2,275.00 5.25 5.20-5.30
         IV. Market Repo 728.52 5.35 5.35-5.35
         V. Repo in Corporate Bond 0.00
      Auction Date Tenor (Days) Maturity Date Amount Current Rate /
    Cut off Rate
    C. Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF)
    I. Today’s Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo          
         (b) Reverse Repo          
      (II) Fine Tuning Operations          
         (a) Repo          
         (b) Reverse Repo          
    3. MSF# Wed, 02/07/2025 1 Thu, 03/07/2025 3,410.00 5.75
    4. SDFΔ# Wed, 02/07/2025 1 Thu, 03/07/2025 2,99,291.00 5.25
    5. Net liquidity injected from today’s operations [injection (+)/absorption (-)]*       -2,95,881.00  
    II. Outstanding Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo          
         (b) Reverse Repo          
      (II) Fine Tuning Operations          
         (a) Repo          
         (b) Reverse Repo Fri, 27/06/2025 7 Fri, 04/07/2025 84,975.00 5.49
    3. MSF#          
    4. SDFΔ#          
    D. Standing Liquidity Facility (SLF) Availed from RBI$       6,217.11  
    E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*     -78,757.89  
    F. Net liquidity injected (outstanding including today’s operations) [injection (+)/absorption (-)]*     -3,74,638.89  
    G. Cash Reserves Position of Scheduled Commercial Banks
         (i) Cash balances with RBI as on July 02, 2025 9,64,750.40  
         (ii) Average daily cash reserve requirement for the fortnight ending July 11, 2025 9,52,318.00  
    H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ July 02, 2025 0.00  
    I. Net durable liquidity [surplus (+)/deficit (-)] as on June 13, 2025 5,62,116.00  
    @ Based on Reserve Bank of India (RBI) / Clearing Corporation of India Limited (CCIL).
    – Not Applicable / No Transaction.
    ** Relates to uncollateralized transactions of 2 to 14 days tenor.
    @@ Relates to uncollateralized transactions of 15 days to one year tenor.
    $ Includes refinance facilities extended by RBI.
    & As per the Press Release No. 2019-2020/1900 dated February 06, 2020.
    Δ As per the Press Release No. 2022-2023/41 dated April 08, 2022.
    * Net liquidity is calculated as Repo+MSF+SLF-Reverse Repo-SDF.
    ¥ As per the Press Release No. 2014-2015/1971 dated March 19, 2015.
    # As per the Press Release No. 2023-2024/1548 dated December 27, 2023.
    Ajit Prasad          
    Deputy General Manager
    (Communications)    
    Press Release: 2025-2026/644

    MIL OSI Global Banks

  • MIL-OSI: HIMS & HERS HEALTH SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuits Against Hims & Hers Health, Inc. – HIMS

    Source: GlobeNewswire (MIL-OSI)

    NEW ORLEANS, July 02, 2025 (GLOBE NEWSWIRE) — ClaimsFiler, a FREE shareholder information service, reminds investors that they have until August 25, 2025 to file lead plaintiff applications in securities class action lawsuits against Hims & Hers Health, Inc. (“Hims” or the “Company”) (NYSE: HIMS), if they purchased the Company’s securities between April 29, 2025 and June 23, 2025, inclusive (the “Class Period”). These actions are pending in the United States District Court for the Northern District of California.

    Get Help

    Hims investors should visit us at https://claimsfiler.com/cases/nyse-hims/ or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.

    About the Lawsuit

    Hims & Hers and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

    On June 23, 2025, Novo Nordisk announced that it was terminating its partnership with Hims, disclosing that the Company had “failed to adhere to the law which prohibits mass sales of compounded drugs under the false guise of ‘personalization’ and are disseminating deceptive marketing that put patient safety at risk,” and that “the ‘semaglutide’ active pharmaceutical ingredients that are in the knock-off drugs sold by telehealth entities and compounding pharmacies” may contain “unsafe and illicit foreign ingredients.”   

    On this news, the price of Hims’ shares fell $22.24, or 34.6%, to close at $41.98 per share on June 23, 2025, on unusually heavy trading volume.

    The first-filed case is Sookdeo v. Hims & Hers Health, Inc., No. 25-cv-05315. A subsequent case, Yaghsizian v. Hims & Hers Health, Inc., No. 25-cv-05321, expanded the class period.

    About ClaimsFiler

    ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.

    To learn more about ClaimsFiler, visit www.claimsfiler.com.

    The MIL Network

  • MIL-OSI: HIMS & HERS HEALTH SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuits Against Hims & Hers Health, Inc. – HIMS

    Source: GlobeNewswire (MIL-OSI)

    NEW ORLEANS, July 02, 2025 (GLOBE NEWSWIRE) — ClaimsFiler, a FREE shareholder information service, reminds investors that they have until August 25, 2025 to file lead plaintiff applications in securities class action lawsuits against Hims & Hers Health, Inc. (“Hims” or the “Company”) (NYSE: HIMS), if they purchased the Company’s securities between April 29, 2025 and June 23, 2025, inclusive (the “Class Period”). These actions are pending in the United States District Court for the Northern District of California.

    Get Help

    Hims investors should visit us at https://claimsfiler.com/cases/nyse-hims/ or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.

    About the Lawsuit

    Hims & Hers and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

    On June 23, 2025, Novo Nordisk announced that it was terminating its partnership with Hims, disclosing that the Company had “failed to adhere to the law which prohibits mass sales of compounded drugs under the false guise of ‘personalization’ and are disseminating deceptive marketing that put patient safety at risk,” and that “the ‘semaglutide’ active pharmaceutical ingredients that are in the knock-off drugs sold by telehealth entities and compounding pharmacies” may contain “unsafe and illicit foreign ingredients.”   

    On this news, the price of Hims’ shares fell $22.24, or 34.6%, to close at $41.98 per share on June 23, 2025, on unusually heavy trading volume.

    The first-filed case is Sookdeo v. Hims & Hers Health, Inc., No. 25-cv-05315. A subsequent case, Yaghsizian v. Hims & Hers Health, Inc., No. 25-cv-05321, expanded the class period.

    About ClaimsFiler

    ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.

    To learn more about ClaimsFiler, visit www.claimsfiler.com.

    The MIL Network

  • MIL-OSI: MoneyHero Group Launches First Annual SingSaver Best-Of Awards to Recognise Excellence in Personal Financial Products

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, July 03, 2025 (GLOBE NEWSWIRE) — MoneyHero Limited (NASDAQ: MNY) (“MoneyHero” or the “Company”), a leading personal finance aggregation and comparison platform, as well as a digital insurance brokerage provider in Greater Southeast Asia, today announced the launch of “SingSaver Best-Of Awards”, an annual awards programme recognising Singapore’s most outstanding personal finance products.

    The new awards programme will spotlight 45 exceptional personal finance products across categories including credit cards, digital banks, investing, and insurance. Each product will be rigorously evaluated by the MoneyHero Group team, alongside an esteemed panel of prominent local personal finance influencers. Judging criteria include annual fees, interest rates, sign-up incentives, bonus offers, rewards earn rates, user experience, coverage scope, and policy flexibility.

    The awards aim to simplify financial decision-making by identifying and celebrating products that deliver outstanding value, helping Singaporeans navigate an increasingly complex financial marketplace with confidence. Winners will be celebrated at an exclusive gala dinner and awards ceremony on 17 July 2025 in Singapore, bringing together the country’s leading financial institutions, industry influencers, and media for an evening of recognition and networking.

    Rohith Murthy, CEO of MoneyHero, said: “The inaugural SingSaver Best-Of Awards reflect our decade-long legacy of helping Singaporeans make informed financial choices. We aim to highlight products that enhance consumers’ financial well-being through exceptional value and user experience. Our rigorous assessment process, supported by trusted voices from the personal finance community, ensures that these awards truly represent excellence and reliability in the marketplace.”

    A full list of categories, shortlisted products, and award ceremony details are available at:
    https://www.singsaver.com.sg/campaign/best-of-awards-announcement-2025

    Following the Singapore launch, MoneyHero Group plans to roll out similar awards programmes annually in Hong Kong, the Philippines, and Taiwan. As the personal finance landscape continues to evolve, MoneyHero remains committed to spotlighting the industry’s best products and services, providing invaluable guidance to consumers throughout the region.

    Disclaimer

    The information provided on this press release is for educational and informational purposes only and should not be construed as financial or investment advice. While MoneyHero reviews and compares financial products to help consumers make informed decisions, it does not offer or provide personalised recommendations or investment advisory services. Consumers should always conduct their own research or consult a licensed financial professional before making any financial decisions.

    MoneyHero has made reasonable efforts to ensure that the information contained in this press release is accurate and up to date as at the date of publication. However, MoneyHero makes no warranties, express or implied, regarding the accuracy, completeness, or reliability of the information and accepts no liability (including liability to third parties) for any loss or damage arising from any error or omission in compiling or presenting such information, or reliance on the information provided.

    ​​​​​About SingSaver  

    SingSaver, part of MoneyHero Group (Nasdaq: MNY) – a market leading personal finance aggregation and comparison company in Greater Southeast Asia. Founded in May 2015, SingSaver has always been committed to matching consumers with the right financial products they need — from credit cards to personal loans, investing accounts to insurance policies, and much more. SingSaver helps thousands of consumers improve their money health with easy-to-use comparison platform along with impartial product reviews and extensive finance articles. For a full discovery, visit https://www.singsaver.com.sg/ 

    About MoneyHero Group

    MoneyHero Limited (NASDAQ: MNY) is a leading personal finance aggregation and comparison platform, as well as a digital insurance brokerage provider in Greater Southeast Asia. The Company operates in Singapore, Hong Kong, Taiwan and the Philippines.  Its brand portfolio includes B2C platforms MoneyHero, SingSaver, Money101, Moneymax and Seedly, as well as the B2B platform Creatory.  The Company also retains an equity stake in Malaysian fintech company, Jirnexu Pte. Ltd., parent company of Jirnexu Sdn. Bhd., the operator of RinggitPlus, Malaysia’s largest operating B2C platform. MoneyHero had over 260 commercial partner relationships as at 31 March 2025, and had approximately 5.7 million Monthly Unique Users across its platform for the three months ended 31 March 2025. The Company’s backers include Peter Thiel—co-founder of PayPal, Palantir Technologies, and the Founders Fund—and Hong Kong businessman, Richard Li, the founder and chairman of Pacific Century Group. To learn more about MoneyHero and how the innovative fintech company is driving APAC’s digital economy, please visit www.MoneyHeroGroup.com.

    For inquiries, please contact:

    Investor Relations:
    MoneyHero IR Team
    IR@MoneyHeroGroup.com 

    Media Relations:
    MoneyHero PR Team
    Press@MoneyHeroGroup.com

    The MIL Network

  • MIL-OSI: MoneyHero Group Launches First Annual SingSaver Best-Of Awards to Recognise Excellence in Personal Financial Products

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, July 03, 2025 (GLOBE NEWSWIRE) — MoneyHero Limited (NASDAQ: MNY) (“MoneyHero” or the “Company”), a leading personal finance aggregation and comparison platform, as well as a digital insurance brokerage provider in Greater Southeast Asia, today announced the launch of “SingSaver Best-Of Awards”, an annual awards programme recognising Singapore’s most outstanding personal finance products.

    The new awards programme will spotlight 45 exceptional personal finance products across categories including credit cards, digital banks, investing, and insurance. Each product will be rigorously evaluated by the MoneyHero Group team, alongside an esteemed panel of prominent local personal finance influencers. Judging criteria include annual fees, interest rates, sign-up incentives, bonus offers, rewards earn rates, user experience, coverage scope, and policy flexibility.

    The awards aim to simplify financial decision-making by identifying and celebrating products that deliver outstanding value, helping Singaporeans navigate an increasingly complex financial marketplace with confidence. Winners will be celebrated at an exclusive gala dinner and awards ceremony on 17 July 2025 in Singapore, bringing together the country’s leading financial institutions, industry influencers, and media for an evening of recognition and networking.

    Rohith Murthy, CEO of MoneyHero, said: “The inaugural SingSaver Best-Of Awards reflect our decade-long legacy of helping Singaporeans make informed financial choices. We aim to highlight products that enhance consumers’ financial well-being through exceptional value and user experience. Our rigorous assessment process, supported by trusted voices from the personal finance community, ensures that these awards truly represent excellence and reliability in the marketplace.”

    A full list of categories, shortlisted products, and award ceremony details are available at:
    https://www.singsaver.com.sg/campaign/best-of-awards-announcement-2025

    Following the Singapore launch, MoneyHero Group plans to roll out similar awards programmes annually in Hong Kong, the Philippines, and Taiwan. As the personal finance landscape continues to evolve, MoneyHero remains committed to spotlighting the industry’s best products and services, providing invaluable guidance to consumers throughout the region.

    Disclaimer

    The information provided on this press release is for educational and informational purposes only and should not be construed as financial or investment advice. While MoneyHero reviews and compares financial products to help consumers make informed decisions, it does not offer or provide personalised recommendations or investment advisory services. Consumers should always conduct their own research or consult a licensed financial professional before making any financial decisions.

    MoneyHero has made reasonable efforts to ensure that the information contained in this press release is accurate and up to date as at the date of publication. However, MoneyHero makes no warranties, express or implied, regarding the accuracy, completeness, or reliability of the information and accepts no liability (including liability to third parties) for any loss or damage arising from any error or omission in compiling or presenting such information, or reliance on the information provided.

    ​​​​​About SingSaver  

    SingSaver, part of MoneyHero Group (Nasdaq: MNY) – a market leading personal finance aggregation and comparison company in Greater Southeast Asia. Founded in May 2015, SingSaver has always been committed to matching consumers with the right financial products they need — from credit cards to personal loans, investing accounts to insurance policies, and much more. SingSaver helps thousands of consumers improve their money health with easy-to-use comparison platform along with impartial product reviews and extensive finance articles. For a full discovery, visit https://www.singsaver.com.sg/ 

    About MoneyHero Group

    MoneyHero Limited (NASDAQ: MNY) is a leading personal finance aggregation and comparison platform, as well as a digital insurance brokerage provider in Greater Southeast Asia. The Company operates in Singapore, Hong Kong, Taiwan and the Philippines.  Its brand portfolio includes B2C platforms MoneyHero, SingSaver, Money101, Moneymax and Seedly, as well as the B2B platform Creatory.  The Company also retains an equity stake in Malaysian fintech company, Jirnexu Pte. Ltd., parent company of Jirnexu Sdn. Bhd., the operator of RinggitPlus, Malaysia’s largest operating B2C platform. MoneyHero had over 260 commercial partner relationships as at 31 March 2025, and had approximately 5.7 million Monthly Unique Users across its platform for the three months ended 31 March 2025. The Company’s backers include Peter Thiel—co-founder of PayPal, Palantir Technologies, and the Founders Fund—and Hong Kong businessman, Richard Li, the founder and chairman of Pacific Century Group. To learn more about MoneyHero and how the innovative fintech company is driving APAC’s digital economy, please visit www.MoneyHeroGroup.com.

    For inquiries, please contact:

    Investor Relations:
    MoneyHero IR Team
    IR@MoneyHeroGroup.com 

    Media Relations:
    MoneyHero PR Team
    Press@MoneyHeroGroup.com

    The MIL Network

  • MIL-OSI China: Chinese investment empowers Indonesia’s EV supply chain

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

    .

    The groundbreaking of a new electric vehicle (EV) battery megaproject in Indonesia set another milestone in the country’s rapidly growing EV supply chain, driven by Chinese investment.

    JOINT VENTURE

    The project, whose groundbreaking on Sunday was witnessed by Indonesian President Prabowo Subianto in Karawang, West Java, is a joint venture with China, worth nearly 6 billion U.S. dollars, and covers the full supply chain, from nickel mining and processing to battery materials production, manufacturing and recycling.

    Indonesia is currently the world’s largest producer of nickel and holds the biggest-known reserves of the metal, an essential component in EV batteries.

    The project is jointly conducted by Indonesia’s state-owned miner PT Aneka Tambang Tbk, state-owned investment holding company PT Indonesia Battery Corporation and China’s Ningbo Contemporary Brunp Lygend Co., Ltd.

    “This groundbreaking is proof of our leaders’ seriousness in collaborating with our partners and our friends in China. We can work together on a program that I think can be called colossal, an extraordinary breakthrough,” Prabowo said at the groundbreaking ceremony.

    According to Indonesian Minister of Energy and Mineral Resources Bahlil Lahadalia, the project is expected to create 35,000 jobs and contribute up to 42 billion dollars annually to the national GDP. He also highlighted that the plant’s capacity would support the production of batteries for 300,000 vehicles, potentially reducing Indonesia’s fuel imports by approximately 300,000 kiloliters per year.

    Indonesian President Prabowo Subianto (C) attends a groundbreaking ceremony for a major electric vehicle (EV) battery megaproject in Karawang, West Java, Indonesia, June 29, 2025. (Xinhua/Zulkarnain)

    GREEN TRANSITION

    The Indonesian government has been actively promoting the nickel industry to increase national competitiveness and build an ecosystem for the EV battery industry. The ambition is also aligned with Indonesia’s long-term commitment to achieving net-zero emissions by 2060.

    Fahmy Radhi, an energy economics expert from Gadjah Mada University, said, “This transformation is more than an energy transition. It opens the door to clean technology, encourages green infrastructure development, and provides a strategic path for Indonesia to become a clean-energy industrial nation.”

    He also highlighted the importance of ensuring that investment does not stop at the smelter level. “The process must extend to the production of final goods, such as EV batteries or even electric vehicles themselves.”

    Currently, Indonesia is home to nine electric car manufacturers, seven electric bus production facilities, and 63 two- and three-wheeled electric vehicle factories.

    CRUCIAL PARTNER

    Kukuh Kumara, secretary general of the Association of Indonesia Automotive Industries, emphasized the critical role of partnerships with countries experienced in EV development, particularly China. “From the mining process to ready-to-use batteries, there is a huge process involved,” he said.

    Kumara said that expanding industries related to the EV supply chain will not only strengthen Indonesia’s downstream capabilities but also create jobs and promote know-how transfer. “China is known for its strong EV component industry. We encourage our local companies to learn from Chinese partners,” he said.

    “Our ultimate goal is to develop Indonesia’s own auto brands, local factories and indigenous technical capabilities,” Kumara said. “But at this stage, international partners are still crucial.”

    Chinese firms have played a pivotal role in bringing technology, capital and global market access to Indonesia, particularly in EV batteries and supply chain integration, said the business leader.

    As the first Chinese automaker to invest and establish a factory in Indonesia, SAIC-GM-Wuling (SGMW) has helped 17 Chinese enterprises in the auto supply chain to venture into ASEAN’s biggest economy, developing over 100 local suppliers over the past seven years.

    People take photos of Wuling Air EV cars at Wuling’s production factory in Bekasi, West Java province, Indonesia, Aug. 8, 2022. (Xinhua/Xu Qin)

    The Chinese automaker has also contributed to fostering Indonesia’s own EV sector. Last November, the China-Indonesia Institute of Modern Craftsmanship of New Energy Vehicle, a training base established by China’s Liuzhou City Vocational College, Indonesia’s Anand Industrial Training Institute and the SGMW’s Indonesian subsidiary, was officially inaugurated in Indonesia.

    “What is prominent in Chinese investment is the genuine willingness to implement technological transfer and human development programs through joint research, expert and trainee exchanges, vocational training, etc,” said Christine Susanna Tjhin, co-founder and director of strategic communication and research at the Gentala Institute, an independent consulting firm.

    MIL OSI China News

  • MIL-OSI China: How CPC is shaping China’s modernization roadmap through 5-year plans

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

    A humanoid robot poses during a permanent exhibition at the Zhongguancun Exhibition Center in Beijing, capital of China, March 28, 2025. (Xinhua/Ju Huanzong)

    As the Communist Party of China (CPC) celebrates the 104th anniversary of its founding this week, the Party’s signature five-year plans continue to serve as a roadmap for China’s modernization drive.

    This year, China is set to complete its 14th Five-Year Plan (2021-2025) and is formulating the blueprint for the next one, marking a pivotal moment in the country’s long-term strategy for national rejuvenation.

    From transforming an agrarian society into the world’s second-largest economy to charting a path toward becoming a great modern socialist country in all respects by mid-century, these plans reflect the CPC’s enduring commitment to long-term strategic vision and collective prosperity.

    Through this cyclical yet ever-evolving roadmap, China sets strategic goals, defines government priorities, regulates business operations, and mobilizes national resources — all in pursuit of its overarching objective of building a modern socialist nation.

    The country’s first plan in 1953 marked its initial push toward industrialization with the establishment of the nation’s first major steel and automobile plants. Fast-forward to the 13th (2016-2020), and it saw the completion of the world’s largest high-speed rail network.

    “Five-year plans are to China’s development what construction drawings are to building a house,” said Ran Hao, a professor at the Party School of the CPC Central Committee. “It tells the government and society which ‘floor’ to focus on and which ‘road’ to build over the next five years, helping avoid a piecemeal approach.”

    A FRAMEWORK, NOT A DOGMA

    Although China’s five-year plans include quantitative targets, such as the GDP growth goal, first introduced in the seventh five-year plan, it does not mean the CPC is running a centralized planned economy.

    “It’s not about the government dictating everything; rather, the plans set the direction and priorities,” Ran said.

    Since 2006, targets have been divided into two types: binding targets, which reflect government commitments, such as reducing energy consumption per unit of GDP, and anticipatory targets, which represent desired outcomes like GDP growth, to be pursued primarily through market mechanisms.

    In a break from tradition, the 14th Five-Year Plan did not set a quantitative target for GDP growth; instead, it described expected growth in broader terms, in part to emphasize quality over speed.

    “Five-year plans are suited to the Chinese mentality and the Chinese idea of thinking long-term,” said British scholar Martin Jacques. For millennia, Confucian classics have taught that those who plan ahead are more likely to succeed.

    China’s five-year plans set clear goals but give regions the leeway needed to tailor their own pathways. National plans are broad frameworks that guide local governments in creating their own action plans, explained Yin Jun, a researcher with the Peking University.

    At present, the CPC is drafting proposals for the country’s 15th Five-Year Plan (2026-2030).

    Observers said the upcoming plan will emphasize a future-oriented approach to global challenges, foster new quality productive forces, and strengthen the social safety net to improve public well-being.

    PLANNING WITH COLLECTIVE EFFORTS

    Given their far-reaching impact, China’s five-year plans are developed over several years, and informed by research, expert reviews, inter-agency coordination and public consultation. For example, work on the current 14th Five-Year Plan began as early as 2018.

    While drafting the five-year plan, the CPC highly values public inputs, which reflect society’s needs and help foster consensus. In 2020, for the first time, public advice was collected online, with suggestions like mutual-aid elderly care included in the final plan.

    Over three months that year, seven symposiums were held with the Party’s leader meeting with entrepreneurs, experts, local officials, and representatives from the grassroots level to listen to their suggestions.

    The combination of top-level planning with public participation continued this year. In May, major media platforms invited public feedback, and netizens proposed improvements such as enhancing rural express delivery infrastructure and installing elevators in older communities, among other ideas.

    An old saying from Sun Tzu’s “The Art of War” offers insight into the success of China’s five-year plans: Triumph comes when the leaders and the people share the same goal.

    Visitors learn about a BYD Yangwang U9 at the 2024 World Manufacturing Convention in Hefei, east China’s Anhui Province, Sept. 20, 2024. (Xinhua/Fu Tian)

    IMPACT BEYOND BORDERS

    China’s five-year plans not only guide national development but also offer opportunities for global investors.

    Madiyar Tukpatov, chairman of a public transport company in Astana, Kazakhstan, visited China earlier this year to research electric buses. His company began using Chinese electric buses in 2020 and plans to further integrate Chinese EV technology into Astana’s transport system.

    New energy vehicles (NEVs) have been developed as a strategic industry over several five-year plans. Their production and sales each exceeded 12.8 million units in 2024, maintaining China’s position as the global leader in this sector for 10 consecutive years. Chinese NEVs can be found in over 70 countries and regions.

    Benjamin Mgana, chief editor of foreign news at The Guardian newspaper in Tanzania, praised China’s approach to planning, saying it demonstrates that developing countries can create workable strategies based on their own realities, rather than copying Western models.

    Inspired by China’s success, a growing number of countries have adopted their own medium- to long-term strategies. Poland, Ethiopia and Tanzania have sought support from Chinese institutions to assist in their planning process.

    MIL OSI China News

  • MIL-OSI China: Xi Jinping champions the cause of Global South

    Source: China State Council Information Office

    Chinese President Xi Jinping visits the New Development Bank and meets with Dilma Rousseff, president of the institution, in Shanghai, east China, April 29, 2025. (Xinhua/Huang Jingwen)

    On the banks of the shimmering Huangpu River that cuts through the Chinese metropolis of Shanghai sits the headquarters of the New Development Bank, co-founded by the BRICS countries more than a decade ago to foster the shared development of the world’s emerging economies.

    In his visit to this new landmark in China’s financial center late April, Chinese President Xi Jinping told the bank’s president and former Brazilian President Dilma Rousseff this multilateral institution has been a result of “a pioneering initiative for the Global South to seek strength through unity.”

    For the Chinese leader, the BRICS mechanism is a major platform for promoting cooperation among countries in the Global South. In the coming days, this year’s BRICS summit will open in the Brazilian city of Rio de Janeiro under the theme of “Strengthening Global South Cooperation for More Inclusive and Sustainable Governance.”

    Xi’s April visit to the bank demonstrates his long-standing commitment to bolstering the solidarity and common development of the Global South, amplifying the role of over 6 billion people in a world fraught with uncertainty and challenges unseen in a century.

    Chinese President Xi Jinping poses for a group photo with other leaders and representatives attending the “BRICS Plus” Dialogue in Kazan, Russia, Oct. 24, 2024. (Xinhua/Yao Dawei)

    COLLECTIVE RISE

    “The collective rise of the Global South is a distinctive feature of the great transformation across the world,” Xi observed when addressing the “BRICS Plus” Dialogue held in Kazan, Russia, in October last year.

    Much more than a pure geographical or economic term, the Global South refers to a community of emerging markets and developing countries that share similar historical experiences, development stages and goals, and political pursuits.

    The concept of “South” was first coined in Antonio Gramsci’s work “The Southern Question” written in 1926, in which the Italian Marxist philosopher highlighted the development gap between northern and southern Italy.

    The rise of the Global South has been decades in the making. Back in 1955, the landmark Bandung Conference convened in Indonesia under the flag of solidarity, friendship and cooperation, marking the awakening of the Global South after centuries of Western colonial rule. In 1964, the Group of 77, a coalition of developing countries, was established in Geneva within the United Nations to promote South-South cooperation and form a new international economic order.

    Through extensive cooperation, the countries of the Global South have emerged as a key driver of global growth. These countries have contributed as much as 80 percent of global growth over the past 20 years, with a share of global GDP increasing from 24 percent four decades ago to more than 40 percent today.

    China, the world’s largest developing country, is a natural member of the Global South. In 2004, the United Nations Development Programme included China in its list of more than 130 Global South countries in a report titled “Forging a Global South.” Some Westerners have challenged China’s position that it is part of the Global South. In response, Xi has provided a clear answer.

    “As a developing country and a member of the Global South, China breathes the same breath with other developing countries and pursues a shared future with them,” Xi once said.

    Historically, China has suffered from Western colonialism and imperialism, much like other developing countries, said Cavince Adhere, a Kenya-based international relations scholar.

    “Even today, despite inordinate success by Beijing to rise from the backwaters of development to be the second-largest economy in the world, as well as the first developing country to eliminate extreme poverty, China still faces common development challenges, and holds similar views regarding the current international order and global governance,” he added. “Because of this, China has emerged as a strong champion for the legitimate rights and interests of many Global South countries.”

    Chinese President Xi Jinping attends the opening ceremony of the 2024 Summit of the Forum on China-Africa Cooperation and delivers a keynote speech at the Great Hall of the People in Beijing, capital of China, Sept. 5, 2024. (Xinhua/Liu Bin)

    LEAVING NO ONE BEHIND

    Ahead of Xi’s state visit to Brazil late last year, the Portuguese edition of the book “Up And Out Of Poverty” was officially launched in Rio de Janeiro. The book, first published in 1992, outlines Xi’s perspectives on poverty eradication, local governance, reform and development when he worked in the formerly impoverished prefecture of Ningde in China’s southeastern Fujian province.

    Poverty has long ranked atop among the problems facing the Global South. With Xi’s steadfast commitment and strong leadership, China has eradicated absolute poverty in its rural areas, a feat that no one had accomplished in China for thousands of years.

    At the G20 Summit in Rio de Janeiro last year, Xi spoke with quiet conviction, recounting his lifelong dedication to poverty alleviation, from his time as a local official to his current role as China’s top leader.

    In his speech, Xi said a weaker bird can start early and fly high. “If China can make it, other developing countries can make it too. This is what China’s battle against poverty says to the world,” he said.

    Xi’s “weaker bird” metaphor originated from his book on poverty. His speech struck a chord with several foreign leaders, who asked the Chinese delegation whether they could share a copy of the speech.

    The Chinese leader has placed great emphasis on development. For him, “development holds the master key to solving all problems,” particularly when the global development gap continues to widen. Over the years, Xi has also been active in rallying global efforts to put development back on the international agenda as a central priority.

    When attending the general debate of the 76th session of the UN General Assembly in 2021 via video, Xi proposed the Global Development Initiative, an international policy framework to promote sustainable development around the world. To date, the initiative has garnered the support and participation of over 100 countries and 20 international organizations.

    Intelligent equipment lifts containers at Chancay Port, Peru, on Nov. 14, 2024. (Xinhua/Li Mengxin)

    To boost common development in the Global South, Xi has been promoting practical cooperation through major infrastructure projects within the Belt and Road Initiative. During his foreign visits over the years, Xi would launch or visit major projects, such as the Chancay Port in Peru, the Dushanbe No. 2 power plant in Tajikistan and the Colombo Port City in Sri Lanka. When hosting leaders of the Global South in Beijing, Xi would also discuss with them major projects for cooperation during their talks.

    Xi believes that the Global South should be the main driving force for common development and that “On the path to modernization, no one, and no country, should be left behind.” He also supports countries of the Global South exploring paths of modernization tailored to their distinctive national conditions, rather than following Western development models.

    Also at last year’s G20 summit in Rio de Janeiro, Xi outlined eight measures in support of Global South cooperation, ranging from high-quality Belt and Road cooperation to boosting development in Africa. Months earlier, at the Forum on China-Africa Cooperation in Beijing last year, Xi unveiled 10 partnership actions and granted zero-tariff treatment on all product categories to the least developed countries with which it has diplomatic relations.

    An exhibitor (R) introduces African products to visitors during the fourth China-Africa Economic and Trade Expo at Changsha International Convention and Exhibition Center in Changsha, central China’s Hunan Province, June 13, 2025.  (Xinhua/Chen Sihan)

    Gu Qingyang, associate professor at the Lee Kuan Yew School of Public Policy at the National University of Singapore, said, “China can play a positive role in the development of Global South countries,” adding that Chinese technology and expertise in industrial development can support the modernization of the Global South’s various regions.

    EMPOWERING GLOBAL SOUTH IN INTERNATIONAL GOVERNANCE

    As Xi once observed, in the face of global changes of the century, pursuing modernization and working for a more just and equitable international order are the sacred historic missions of Global South countries.

    Xi described the BRICS countries as “leading members of the Global South,” calling for building BRICS into “a primary channel for strengthening solidarity and cooperation among Global South nations and a vanguard for advancing global governance reform.”

    Since becoming Chinese president in 2013, Xi has always been a steadfast champion of BRICS cooperation. In Xiamen, he advocated for the “BRICS Plus” program at the 2017 BRICS summit, calling for more active participation from other emerging markets and developing nations. He played a crucial role in propelling the BRICS’ historic expansion in 2023, ushering in the era of greater BRICS cooperation.

    Effective coordination between BRICS members and other countries in the Global South has been adding more bricks to the global governance architecture. The New Development Bank exemplifies this effort.

    Xi said the bank serves as “an important emerging force in the international financial system,” which should work to “make the international financial system fairer and more equitable and effectively enhance the representation and say of emerging markets and developing countries.”

    Aerial photo taken on Dec. 17, 2020 shows the headquarters building of BRICS New Development Bank (NDB) in east China’s Shanghai. (Xinhua/Fang Zhe)

    Over the years, China, under Xi’s leadership, has taken concrete steps to advocate for developing countries, help Global South countries enhance their representation and voice in international governance, and promote a more just and equitable international order.

    At the 2022 G20 summit in Bali, Indonesia, China took the lead in supporting the African Union (AU)’s membership in the G20. In their meeting on the sidelines of the summit, then Senegalese President Macky Sall, who was also the AU chairperson that year, thanked Xi for being the first to publicly support the AU’s G20 membership.

    The global leadership today remains lopsided, and rebalancing this skewed system is a shared imperative for both the Global North and South, said Paolo Magri, managing director and chair of the advisory board of the Italian Institute for International Political Studies, a think tank.

    “Global South countries marching together toward modernization is monumental in world history and unprecedented in human civilization,” Xi said at the “BRICS Plus” Dialogue in Kazan, Russia, last year, while acknowledging that “the road to prosperity for the Global South will not be straight.”

    “No matter how the international landscape evolves, we in China will always keep the Global South in our heart, and maintain our roots in the Global South,” Xi pledged.

    MIL OSI China News

  • MIL-OSI: COMPASS DIVERSIFIED SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuits Against Compass Diversified Holdings – CODI

    Source: GlobeNewswire (MIL-OSI)

    NEW ORLEANS, July 02, 2025 (GLOBE NEWSWIRE) — ClaimsFiler, a FREE shareholder information service, reminds investors that they have until July 8, 2025 to file lead plaintiff applications in securities class action lawsuits against Compass Diversified Holdings (NYSE: CODI), if they purchased the Company’s securities between March 1, 2023 and May 7, 2025, inclusive (the “Class Period”). These actions are pending in the United States District Court for the Central District of California.

    Get Help

    Compass Diversified investors should visit us at https://claimsfiler.com/cases/nyse-codi/ or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.

    About the Lawsuit

    Compass and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

    On May 7, 2025, the Company issued a press release entitled “Compass Diversified Discloses Non-Reliance on Financial Statements for Fiscal 2024 Amid an Ongoing Internal Investigation into its Subsidiary, Lugano Holding, Inc.,” disclosing that “the Audit Committee of CODI’s Board has concluded that the previously issued financial statements for 2024 require restatement and should no longer be relied upon” and that “[e]ffective May 7, 2025, Lugano’s founder and CEO, Moti Ferder, resigned from all of his positions at Lugano and will not receive any severance compensation.” The Company further disclosed that “[t]he Audit Committee of CODI’s Board of Directors promptly launched an investigation after CODI’s senior leadership was made aware of concerns about how Lugano was potentially financing inventory” and that “[t]he investigation . . . is ongoing but has preliminarily identified irregularities in Lugano’s non-CODI financing, accounting, and inventory practices.”

    On this news, the price of Compass’ shares plummeted approximately 62%, from $17.25 per share on May 7, 2025, to $6.55 per share on May 8, 2025.

    The case is Matthews v. Compass Group Diversified Holdings, Inc., et al., No. 25-cv-981. A subsequent case, Tan v. Compass Group Diversified Holdings, Inc., et al., No. 25-cv-5777, extended the class period.

    About ClaimsFiler

    ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.

    To learn more about ClaimsFiler, visit www.claimsfiler.com.

    The MIL Network

  • MIL-OSI: Bitget Wraps Up Anti-Scam Month with Over 65% of Participants Successfully Identifying Crypto Fraud Tactics

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, July 02, 2025 (GLOBE NEWSWIRE) — Bitget, the world’s leading cryptocurrency exchange and Web3 company, has successfully concluded its 2025 Anti-Scam Month, a global initiative aimed at elevating user awareness and resilience against Web3 fraud. Throughout June, Bitget rolled out a series of gamified education tools, expert collaborations, and industry research to confront the rising threat of AI-enabled scams and security breaches across the crypto ecosystem.

    At the heart of the campaign was the Smarter Eyes Challenge, an interactive comic-based mini-game simulating real-life scam scenarios—from phishing and social engineering to fake token approvals. While only 8.60% of participants spotted all traps on their first attempt, a striking 65.41% eventually passed all three levels after receiving guided security clues, underscoring both the scale of the awareness gap and the campaign’s tangible impact.

    Bitget published six in-depth blog posts tackling common attack vectors like SMS spoofing, fake apps, and high-risk tokens. Over 80% of users scored full marks in follow-up security quizzes, signaling a sharp improvement in scam detection capabilities following the campaign’s educational content.

    Another flagship milestone was the release of Bitget’s 2025 Anti-Scam Research Report, co-authored with blockchain security leaders SlowMist and Elliptic. The report revealed that global crypto scam losses surpassed $4.6 billion in 2024, with deepfakes and social engineering responsible for the majority of high-value attacks. The findings spotlighted the growing sophistication of AI-driven fraud, including synthetic public figure videos, Trojan-laced job offers, and fake Zoom calls used to deceive victims.

    Throughout the month, Bitget convened key voices in Web3 security—including Hacken, GoPlus, BlockSec, and Security Alliance—for an Anti-Scam X Space discussion. Experts weighed in on future threats, the evolving role of collaboration, and how users, platforms, and audit firms can work together to build a safer digital asset environment.

    “Anti-Scam Month reflects our belief that education is the first line of defense in crypto security,” said Gracy Chen, CEO of Bitget. “By turning passive users into active defenders, we’re laying the groundwork for a more resilient ecosystem. And this is only the beginning—the Anti-Scam Hub will remain open year-round as a permanent resource for our global community.”

    Echoing this sentiment, Yevheniia Broshevan, Co-Founder & CBDO at Hacken, said, “Anti-Scam Month by Bitget is a fantastic initiative and a powerful example for the industry, demonstrating how companies can raise awareness, educate users, and reduce the risk of future hacks. Education truly is a vital part of this journey.”

    Yajin (Andy) Zhou, Co-Founder & CEO at BlockSec, added, “Hackers study user habits, such as copying addresses from transaction histories. Security efforts must focus on proactive defenses rather than blaming users. Security is not a solo battlefield. Blockchain platforms, compliance tools, and security firms must share threat intelligence to build a united defense system.”

    Michael Lewellen, Technical Council at Security Alliance, emphasized, “Security isn’t about being impossible to hack or scam users. It’s just being hard enough to discourage threat actors from investing effort in the attempt. We need to harden Web3 infrastructure enough so that this ecosystem is no longer an easy, profitable target.”

    The Bitget Anti-Scam Hub, now permanently live, offers users ongoing access to practical safety guides, real-time scam indicators, the official verification channel, and a crypto safety kit with 24/7 global support.

    For more details, please visit the Bitget Anti-Scam Hub here.

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin priceEthereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform. Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

    For more information, visit: WebsiteTwitterTelegramLinkedInDiscordBitget Wallet
    For media inquiries, please contact: media@bitget.com

    Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a8d159ce-8a24-4435-a26b-bbe8c16cee3d

    The MIL Network

  • MIL-OSI: Bitget Wraps Up Anti-Scam Month with Over 65% of Participants Successfully Identifying Crypto Fraud Tactics

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, July 02, 2025 (GLOBE NEWSWIRE) — Bitget, the world’s leading cryptocurrency exchange and Web3 company, has successfully concluded its 2025 Anti-Scam Month, a global initiative aimed at elevating user awareness and resilience against Web3 fraud. Throughout June, Bitget rolled out a series of gamified education tools, expert collaborations, and industry research to confront the rising threat of AI-enabled scams and security breaches across the crypto ecosystem.

    At the heart of the campaign was the Smarter Eyes Challenge, an interactive comic-based mini-game simulating real-life scam scenarios—from phishing and social engineering to fake token approvals. While only 8.60% of participants spotted all traps on their first attempt, a striking 65.41% eventually passed all three levels after receiving guided security clues, underscoring both the scale of the awareness gap and the campaign’s tangible impact.

    Bitget published six in-depth blog posts tackling common attack vectors like SMS spoofing, fake apps, and high-risk tokens. Over 80% of users scored full marks in follow-up security quizzes, signaling a sharp improvement in scam detection capabilities following the campaign’s educational content.

    Another flagship milestone was the release of Bitget’s 2025 Anti-Scam Research Report, co-authored with blockchain security leaders SlowMist and Elliptic. The report revealed that global crypto scam losses surpassed $4.6 billion in 2024, with deepfakes and social engineering responsible for the majority of high-value attacks. The findings spotlighted the growing sophistication of AI-driven fraud, including synthetic public figure videos, Trojan-laced job offers, and fake Zoom calls used to deceive victims.

    Throughout the month, Bitget convened key voices in Web3 security—including Hacken, GoPlus, BlockSec, and Security Alliance—for an Anti-Scam X Space discussion. Experts weighed in on future threats, the evolving role of collaboration, and how users, platforms, and audit firms can work together to build a safer digital asset environment.

    “Anti-Scam Month reflects our belief that education is the first line of defense in crypto security,” said Gracy Chen, CEO of Bitget. “By turning passive users into active defenders, we’re laying the groundwork for a more resilient ecosystem. And this is only the beginning—the Anti-Scam Hub will remain open year-round as a permanent resource for our global community.”

    Echoing this sentiment, Yevheniia Broshevan, Co-Founder & CBDO at Hacken, said, “Anti-Scam Month by Bitget is a fantastic initiative and a powerful example for the industry, demonstrating how companies can raise awareness, educate users, and reduce the risk of future hacks. Education truly is a vital part of this journey.”

    Yajin (Andy) Zhou, Co-Founder & CEO at BlockSec, added, “Hackers study user habits, such as copying addresses from transaction histories. Security efforts must focus on proactive defenses rather than blaming users. Security is not a solo battlefield. Blockchain platforms, compliance tools, and security firms must share threat intelligence to build a united defense system.”

    Michael Lewellen, Technical Council at Security Alliance, emphasized, “Security isn’t about being impossible to hack or scam users. It’s just being hard enough to discourage threat actors from investing effort in the attempt. We need to harden Web3 infrastructure enough so that this ecosystem is no longer an easy, profitable target.”

    The Bitget Anti-Scam Hub, now permanently live, offers users ongoing access to practical safety guides, real-time scam indicators, the official verification channel, and a crypto safety kit with 24/7 global support.

    For more details, please visit the Bitget Anti-Scam Hub here.

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin priceEthereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform. Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

    For more information, visit: WebsiteTwitterTelegramLinkedInDiscordBitget Wallet
    For media inquiries, please contact: media@bitget.com

    Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a8d159ce-8a24-4435-a26b-bbe8c16cee3d

    The MIL Network

  • MIL-OSI: FIND MINING swept the Bitcoin mining farms, and 42 BTC shocked the industry – Green computing power set off a new wave of global wealth

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, July 02, 2025 (GLOBE NEWSWIRE) — As global investors re-examine their crypto asset allocation and the price of Bitcoin breaks through $107,000 per coin, British crypto technology company FIND MINING has once again sparked heated discussions in the industry. Recently, FIND MINING successfully mined 42 Bitcoins on the global Bitcoin main chain, with a single-day profit of approximately $4.48 million, breaking the single-day mining profit record this year and making this mining giant, known for its green energy, a leader in the global computing power list.

    This is the sixth large-scale mining victory of FIND MINING in the past six weeks, behind which is its strong capital strength and cutting-edge sustainable energy layout. At present, FIND MINING’s business has expanded to many European countries such as the United States, Italy, Iceland, Norway, etc., and it efficiently operates 135 professional mining farms, with a service network covering 175 countries and regions, more than 9.4 million registered users worldwide, and more than 1.32 million mining machines deployed cumulatively, continuing to provide the most cost-effective cloud mining contracts for global retail investors.

    Green energy and advanced computing power redefine Bitcoin mining

    Against the backdrop of increasingly stringent global carbon neutrality goals, FIND MINING has taken the lead in completing the full-chain integration of green energy. Its mines are widely distributed in clean energy regions such as Northern Europe, North America and Eastern Europe. They rely on hydropower, wind power and solar energy to power mining machines, which not only significantly reduces operating costs, but also makes customers’ returns more competitive.

    The core advantages of FIND MINING include:

    • Zero-carbon emission mining farm system: fully use renewable energy for power supply to create an industry-leading green computing power network.
    • Top mining machine cluster:Large-scale deployment of Bitmain’s latest generation of ASIC mining machines and multi-card GPU architecture, taking into account both explosive computing power and stable operation.
    • Cold wallet asset protection:All customer assets are encrypted and stored in multi-signature cold wallets, and are regularly reviewed by a professional audit team, making risk prevention and control more reliable.
    • Flexible multi-currency contracts:It supports cloud mining of multiple currencies such as BTC, XRP, DOGE, LTC, etc. There is no need for any hardware investment, and users can freely choose according to their needs.

    FIND MINING’s financial strength has attracted attention from the industry

    Since its establishment at the end of 2018, FIND MINING has completed strategic refinancing of more than 50 million US dollars, and its shareholders include veteran British venture capital institutions, international crypto funds and energy capital. In the current environment where the world is paying more and more attention to the security of mining platforms, FIND MINING has become a “safe haven” in the eyes of many investors with its compliant and transparent operations and regular audits.

    Industry experts pointed out: “As global capital continues to flow into the crypto mining track, FIND MINING is reshaping the new standards of global crypto mining with its three core pillars of technology, green energy and safe operation.”

    Zero threshold mining allows retail investors to easily grasp Bitcoin dividends

    Different from traditional mining farms that require high equipment costs, FIND MINING has created a “zero threshold” cloud mining service for individual and institutional users. Users only need to register an account and select a mining contract to view daily earnings in real time and automatically withdraw cash, without any technical background or maintenance costs.

    The platform also provides:

    Real-time revenue tracking dashboard

    24/7 online customer service support

    Flexible payment, supports more than 14 withdrawal methods including USDT, BTC, XRP, DOGE, LTC, ETH, etc.

    FIND MINING provides the most worthy cloud computing contracts for global retail investors. As shown below

    The Bitcoin market is brewing a new round of explosion, FIND MINING helps global investors stay one step ahead

    As the Federal Reserve’s monetary policy turns to easing, scarce assets such as gold and Bitcoin are ushering in a new round of value revaluation, and the on-chain computing power and miners’ income continue to rise. Against this background, FIND MINING is undoubtedly one of the most impressive and fastest growing crypto mining giants in the first half of 2025.

    The rise of FIND MINING is by no means accidental, but the result of precise technology layout, strong capital support and green sustainable concept. For individual and institutional investors who are eager to find stable returns in the global economic uncertainty, FIND MINING is becoming one of the few high-quality platforms that can be “boarded”.

    Visit the official website now to start your mining journey
    https://findmining.com

    Official APP download one-click download

    For interviews, business cooperation or media coverage, please contact:
    info@findmining.com

    Attachment

    The MIL Network

  • MIL-OSI: FIND MINING swept the Bitcoin mining farms, and 42 BTC shocked the industry – Green computing power set off a new wave of global wealth

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, July 02, 2025 (GLOBE NEWSWIRE) — As global investors re-examine their crypto asset allocation and the price of Bitcoin breaks through $107,000 per coin, British crypto technology company FIND MINING has once again sparked heated discussions in the industry. Recently, FIND MINING successfully mined 42 Bitcoins on the global Bitcoin main chain, with a single-day profit of approximately $4.48 million, breaking the single-day mining profit record this year and making this mining giant, known for its green energy, a leader in the global computing power list.

    This is the sixth large-scale mining victory of FIND MINING in the past six weeks, behind which is its strong capital strength and cutting-edge sustainable energy layout. At present, FIND MINING’s business has expanded to many European countries such as the United States, Italy, Iceland, Norway, etc., and it efficiently operates 135 professional mining farms, with a service network covering 175 countries and regions, more than 9.4 million registered users worldwide, and more than 1.32 million mining machines deployed cumulatively, continuing to provide the most cost-effective cloud mining contracts for global retail investors.

    Green energy and advanced computing power redefine Bitcoin mining

    Against the backdrop of increasingly stringent global carbon neutrality goals, FIND MINING has taken the lead in completing the full-chain integration of green energy. Its mines are widely distributed in clean energy regions such as Northern Europe, North America and Eastern Europe. They rely on hydropower, wind power and solar energy to power mining machines, which not only significantly reduces operating costs, but also makes customers’ returns more competitive.

    The core advantages of FIND MINING include:

    • Zero-carbon emission mining farm system: fully use renewable energy for power supply to create an industry-leading green computing power network.
    • Top mining machine cluster:Large-scale deployment of Bitmain’s latest generation of ASIC mining machines and multi-card GPU architecture, taking into account both explosive computing power and stable operation.
    • Cold wallet asset protection:All customer assets are encrypted and stored in multi-signature cold wallets, and are regularly reviewed by a professional audit team, making risk prevention and control more reliable.
    • Flexible multi-currency contracts:It supports cloud mining of multiple currencies such as BTC, XRP, DOGE, LTC, etc. There is no need for any hardware investment, and users can freely choose according to their needs.

    FIND MINING’s financial strength has attracted attention from the industry

    Since its establishment at the end of 2018, FIND MINING has completed strategic refinancing of more than 50 million US dollars, and its shareholders include veteran British venture capital institutions, international crypto funds and energy capital. In the current environment where the world is paying more and more attention to the security of mining platforms, FIND MINING has become a “safe haven” in the eyes of many investors with its compliant and transparent operations and regular audits.

    Industry experts pointed out: “As global capital continues to flow into the crypto mining track, FIND MINING is reshaping the new standards of global crypto mining with its three core pillars of technology, green energy and safe operation.”

    Zero threshold mining allows retail investors to easily grasp Bitcoin dividends

    Different from traditional mining farms that require high equipment costs, FIND MINING has created a “zero threshold” cloud mining service for individual and institutional users. Users only need to register an account and select a mining contract to view daily earnings in real time and automatically withdraw cash, without any technical background or maintenance costs.

    The platform also provides:

    Real-time revenue tracking dashboard

    24/7 online customer service support

    Flexible payment, supports more than 14 withdrawal methods including USDT, BTC, XRP, DOGE, LTC, ETH, etc.

    FIND MINING provides the most worthy cloud computing contracts for global retail investors. As shown below

    The Bitcoin market is brewing a new round of explosion, FIND MINING helps global investors stay one step ahead

    As the Federal Reserve’s monetary policy turns to easing, scarce assets such as gold and Bitcoin are ushering in a new round of value revaluation, and the on-chain computing power and miners’ income continue to rise. Against this background, FIND MINING is undoubtedly one of the most impressive and fastest growing crypto mining giants in the first half of 2025.

    The rise of FIND MINING is by no means accidental, but the result of precise technology layout, strong capital support and green sustainable concept. For individual and institutional investors who are eager to find stable returns in the global economic uncertainty, FIND MINING is becoming one of the few high-quality platforms that can be “boarded”.

    Visit the official website now to start your mining journey
    https://findmining.com

    Official APP download one-click download

    For interviews, business cooperation or media coverage, please contact:
    info@findmining.com

    Attachment

    The MIL Network

  • MIL-OSI Russia: Industrial and Commercial Bank of China’s Turkey branch granted clearing bank status for yuan settlements

    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 3 (Xinhua) — The Industrial and Commercial Bank of China’s branch in Turkey has acquired the status of a clearing bank for yuan settlements, the People’s Bank of China (PBOC) said.

    The regulator noted that this decision was made in accordance with the memorandum of understanding signed by the central banks of both countries.

    Earlier, on June 13, the PBOC announced that the two banks had signed a memorandum of understanding to establish a clearing mechanism for yuan settlements in Turkey. Such a mechanism will facilitate the use of national currencies for cross-border settlements between enterprises and financial institutions in both countries, and will also further facilitate bilateral trade and investment procedures.

    On the same day, the PBOC announced the extension of a bilateral currency swap agreement with the Central Bank of Turkey. The total amount of funds in it reached 35 billion yuan (approximately 4.88 billion US dollars), or 189 billion Turkish lira.

    According to official data, China is currently Turkey’s largest trading partner in Asia and the third largest in the world. -0-

    MIL OSI Russia News

  • MIL-Evening Report: Overtourism is reshaping communities in Europe – could Australia be next?

    Source: The Conversation (Au and NZ) – By Freya Higgins-Desbiolles, Adjunct professor and adjunct senior lecturer in tourism management, University of South Australia

    Bumble Dee/Shutterstock

    A media frenzy erupted over the recent Jeff Bezos “wedding of the century” in Venice.

    Also notable were the public protests that showed tensions around tourism, especially mass tourism, are increasing. Leading the action was the activist collective No space for Bezos, which declared:

    [This wedding] is at the expense of those who live, work, and study in this city [and who are] already faced with countless difficulties after years of mass tourism.

    They complained Venice had been turned into a “private amusement park” for the rich. Locals were fighting for what they describe as a “living Venice”, not a tourism playground.

    The backlash against overtourism is sparking protests across several countries. It has even prompted the US State Department to urge travellers to be cautious when heading to Europe this summer.

    Growth at all costs

    Local residents feel their communities are being reshaped to cater for visitors, and are pushing back against what they call the “touristification” of place.

    Touristification describes a situation where locals fear their home towns and cities are being developed, designed and managed to attract and accommodate tourists.

    This touristification process benefits commerce and industries that profit from catering to visitors. Everyone else misses out, or is literally pushed out by rising housing costs.

    At the heart of this polarising issue are some key questions. Are such places “tourism destinations” or do they belong to the local people who live there? Whose interests should prevail when tourism growth exacerbates tensions?

    These issues are being thoroughly investigated, including through a project I am involved in – Chronic Emergencies and Ecosocial Transformations in Touristified Coastal Spaces. Such research is focused on understanding the problems of tourism and co-designing solutions with communities.

    Continual growth in tourism is one of the guiding principles the industry promotes. It is this “growth fetish” that is catalysing overtourism and unsustainability. This is when tourism exceeds the local social and ecological carrying capacity of a place.

    It means there are simply too many tourists, and the impact is poorly managed.

    Aussie hotspots

    The dynamics of overtourism are emerging in some Australian locations. This includes popular coastal destinations such as Byron Bay and small towns along the scenic Great Ocean Road.

    Some places are overwhelmed by short-term overtourism. This may be the result of mega cruise ship visits or viral postings on social media, such as images of Western Australia’s popular pink lakes.

    Byron Bay offers a telling example. It has evolved from a place attractive for alternative lifestyles, to a magnet for social media influencers and the location for the Netflix series Byron Baes.

    As a result, Byron Bay is the epitome of overtourism in Australia. Local housing, for instance, is being sacrificed for holiday rentals, facilitated by agencies such as Airbnb.

    Not surprisingly, there is growing local resistance to tourism overwhelming the sense of place.

    Is Australia in danger of touristification?

    If we aren’t careful, popular opposition to mass tourism will continue to grow here in Australia.

    But whether we see the European phenomenon of touristification is harder to discern.

    It may already be evident when environmental and social regulations are overturned to make development processes more friendly to the tourism industry.

    Projects can be fast tracked if they are declared a high-priority “major development”, which allows governments to override restrictive regulations. Anti-red-tape rhetoric is clear in Queensland’s tourism strategy harnessing the growth power of the 2032 Olympic and Paralympic Games.

    Another example of touristification may be when taxpayer-funded events are run for branding presence on a national or international stage rather, than for the benefit of the surrounding community.

    For example, the South Australian government found itself in hot water when its tourism commission held a marketing event featuring a Sam Smith concert at d’Arenberg winery. Social media influencers were invited to attend – many from interstate with all expenses paid – but locals weren’t welcome.

    It also occurs when public commons are appropriated for tourism purposes, including national parks and protected areas, public spaces and beaches.

    Another example – again from South Australia – involves the decision to move the annual LIV Golf tournament to the Adelaide Parklands from 2028. The state government is being accused of a public land grab. The Adelaide community loves these heritage listed parklands and has resisted attempts to co-opt their use for private interests for decades.

    Reclaimining a sense of place

    Ultimately, in places like Venice, Bali and even in Byron Bay, local communities do not feel heard or empowered by tourism models which are focused on growth.

    Their protest actions are designed to ensure their quality of life is not undermined in the process of catering to tourists. It is a struggle for reclaiming places as local people’s homes, rather than as tourist destinations.

    While locations can be shared, tourism must be better managed so locals don’t find their homes unrecognisable – or even worse, find themselves displaced.

    Freya Higgins-Desbiolles is a collaborator on a project led by colleagues at the University of the Balearic Islands entitled ‘Chronic Emergencies and Ecosocial Transformations in Touristified Coastal Spaces’. This article is part of the R+D+i PID2022-137648OB-C21 financed by MICIU/AEI/ 10.13039/501100011033 and by “ERDF, EU”.

    ref. Overtourism is reshaping communities in Europe – could Australia be next? – https://theconversation.com/overtourism-is-reshaping-communities-in-europe-could-australia-be-next-260173

    MIL OSI AnalysisEveningReport.nz