NewzIntel.com

    • Checkout Page
    • Contact Us
    • Default Redirect Page
    • Frontpage
    • Home-2
    • Home-3
    • Lost Password
    • Member Login
    • Member LogOut
    • Member TOS Page
    • My Account
    • NewzIntel Alert Control-Panel
    • NewzIntel Latest Reports
    • Post Views Counter
    • Privacy Policy
    • Public Individual Page
    • Register
    • Subscription Plan
    • Thank You Page

Category: Economy

  • MIL-OSI Security: Greece to prosecute first maritime piracy case with evidence gathered by INTERPOL team

    Source: Interpol (news and events)

    12 December 2012

    LYON, France – Evidence gathered by an INTERPOL Incident Response Team (IRT) following the release of the hijacked oil tanker Irene SL in April 2011 is to be used by Greece in its first maritime piracy prosecution.

    Lieutenant General Papagiannopoulos was shown INTERPOL’s Command and Coordination Centre.

    A delegation from Greece, headed by Chief of the Hellenic Police, Lieutenant General Nikolaos Papagiannopoulos (centre), visited the INTERPOL General Secretariat in Lyon.

    INTERPOL Secretary General, Ronald K. Noble (right), pledged his full support to Greek law enforcement.

    The announcement comes during a meeting between Chief of the Hellenic Police Lieutenant General Nikolaos Papagiannopoulos and INTERPOL Secretary General Ronald K. Noble at the world police body’s General Secretariat headquarters to identify ways for additional support to be provided to the Greek police.

    The IRT, supported by the South African Police Service and in coordination with European Union Naval Force (EU NAVFOR) and INTERTANKO, was deployed to Durban in South Africa to conduct a crime scene investigation and debriefing of the hostages on board the Irene SL, following its release by Somali pirates 58 days after the vessel was hijacked off the coast of Oman.

    Several of the crew members on board were also able to identify four of their captors from an INTERPOL photo album on maritime piracy, containing images provided by member states and naval forces operating in the Gulf of Aden and the Western Indian Ocean.

    Secretary General Noble said that the case perfectly highlighted the benefits that INTERPOL brings to member countries and how information sharing and a collaborative approach is essential to addressing crime issues anywhere in the world.

    “In these times of financial constraint the added value that INTERPOL and its global network brings to individual countries and global security is even clearer,” said the INTERPOL Chief.

    “INTERPOL will continue to provide every support to Greece, and also calls on the global law enforcement community, countries and regional institutions to identify areas where they can support Greece in meeting the crime challenges which affect us all,” added Mr Noble.

    Lieutenant General Papagiannopoulos said ‘the opportunities for international law enforcement cooperation through INTERPOL help increase the effectiveness of national police services.’

    “Today’s meeting with Secretary General Noble provided us with the opportunity to explore ways of building on our existing cooperation and to identify ways for future development together,” added Mr Papagiannopoulos.

    During his visit, Mr Papagiannopoulos – accompanied by Brigadier General Zacharoula Tsirigoti, Director of the International Police Cooperation Directorate, and Brigadier General Dimitrios Sofios, Deputy Director of the Attika Criminal Investigation Department – was also updated and briefed on a range of INTERPOL’s tools and services including its global database to enhance police cooperation in areas such as combating illegal immigration and trafficking in human beings.

    MIL Security OSI –

    June 27, 2025
  • MIL-OSI: At the critical turning point of Bitcoin, JA Mining uses intelligent systems to help investors win steadily

    Source: GlobeNewswire (MIL-OSI)

    London, UK, June 27, 2025 (GLOBE NEWSWIRE) — JA Mining is redefining the investment logic of cloud mining. As a compliant platform certified by the UK FCA, JA Mining has launched a low-threshold, highly transparent digital asset mining service to the world, which does not require hardware or technology, can be deployed with one click, and has daily returns, truly realizing “making mining as simple as depositing money”.

    “Our mission is to make cryptocurrency investment truly part of the lives of ordinary people,” said a JAMining spokesperson. “The platform perfectly combines advanced trading logic with intuitive operations to provide users with a simple, safe and efficient digital investment entry.”

    Intelligently driven, zero-threshold experience

    It only takes a few minutes for new users to register and start trading. Register and receive your $100 to get familiar with the platform. When you know enough about it, you can invest and choose the contract plan that suits you.

    Compared with traditional manual trading, the new platform drives decision-making with data, avoids the risks caused by emotional fluctuations or market delays, and is more suitable for investors seeking stable returns and transparent operating experience.

    Multiple security, full transparency

    With its many years of experience in cloud mining security operations in Europe, North America and Asia, JAMining has built a financial-level security system for the platform, including offline cold wallet storage, end-to-end data encryption and multi-factor authentication mechanisms to fully protect user assets. The platform is authorized and regulated by the UK Financial Conduct Authority (FCA), further enhancing its legitimacy and user trust.

    The user interface is simple and intuitive, and you can view daily profits and account growth in real time. All historical transaction data can be tracked to ensure that every operation is open, verifiable and has no hidden costs or capital lock-up clauses.

    The following is the potential profit table of the platform contract:

    The platform will update the contract plan from time to time. For current plans, please visit :www.jamining.com.

    Grasp the trend and move towards the mainstream

    Currently, Bitcoin is at a critical moment of stability but full of variables. Although the price has approached the historical high, the market liquidity is sufficient, and the investment sentiment continues to heat up, the upcoming large-scale option expiration event may become an important catalyst for the short-term trend. The next 48 hours may become a window period to determine the next stage of the trend.

    In such a market environment, it is particularly important to choose an efficient, intelligent and risk-controlled platform. JA Mining automated trading system relies on real-time data analysis and pattern recognition technology to accurately capture the price trends of mainstream currencies (such as Bitcoin). Even if users lack trading experience, they can steadily grasp the market rhythm and maximize their profits.

    Register now and use JA Mining to enter a new era of intelligent digital asset allocation, grasp the pulse of the market, and easily participate in the growth of global crypto wealth.

    Media Contact:
    JA Mining
    info@jamining.com
    www.jamining.com

    Attachment

    The MIL Network –

    June 27, 2025
  • MIL-OSI: Sale of Custody Business in Hsbc Germany

    Source: GlobeNewswire (MIL-OSI)

    Press Release

    27 June 2025

    SALE OF CUSTODY BUSINESS IN HSBC GERMANY

    HSBC Continental Europe has reached an agreement to sell its custody business in Germany to BNP Paribas S.A, Niederlassung Deutschland (‘BNP Paribas’) (the ‘Potential Transaction’), reinforcing its focus on being the leading corporate and institutional bank in Germany and Europe for international clients.

    This decision forms part of the simplification strategy of HSBC announced in October 2024. HSBC is focused on increasing its leadership and market share in the areas where it has a clear competitive advantage, and where it has the greatest opportunity to grow and support its clients. This includes connecting European clients to opportunities across HSBC’s international network. For Securities Services, this means focusing on HSBC’s market-leading franchise in Asia and the Middle East and providing best in class custody and fund services to clients in the UK and Europe via our strategic hubs in London, Ireland and Luxembourg.

    The custody business in Germany focuses on domestic custody, clearing and depository services for German institutional clients.

    All custody staff employed by HSBC Continental Europe S.A., Germany, as well as its assets and clients, would transfer to BNP Paribas as part of the Potential Transaction.

    Completion of the Potential Transaction is subject to customary regulatory and anti-trust approvals and the conclusion of negotiations with the Works Council in Germany.

    A phased transfer of staff and clients starting early 2026 is anticipated. Both parties are focused on enabling a smooth transition for clients and colleagues.

    The analysis of strategic options for HSBC Germany’s fund administration business is ongoing.

    Contacts:       

    HSBC Continental Europe
    Headquartered in Paris, HSBC Continental Europe is an indirectly held subsidiary of HSBC Holdings plc. HSBC Continental Europe comprises corporate and institutional banking, private banking, insurance and asset management activities across Continental Europe, including the business activities of 10 European branches (in Belgium, Czech Republic, Germany, Ireland, Italy, Luxembourg, the Netherlands, Poland, Spain and Sweden) and two banking subsidiaries in Luxembourg and Malta. HSBC Continental Europe’s mission is to serve both customers in Continental Europe for their needs worldwide and Group customers for their needs in Continental Europe.

    HSBC Continental Europe S.A., Germany (‘HSBC Germany’)
    HSBC Germany is the German branch of HSBC Continental Europe, whose activities comprise corporate and institutional banking, private banking and asset management.

    HSBC Holdings plc
    HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. HSBC serves customers worldwide from offices in 58 countries and territories. With assets of US$3,054bn at 31 March 2025, HSBC is one of the world’s largest banking and financial services organisations.

    About BNP Paribas (group.bnpparibas)
    Leader in banking and financial services in Europe, BNP Paribas operates in 64 countries and has nearly 178,000 employees, including more than 144,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Türkiye, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group’s performance and stability.

    About Securities Services at BNP Paribas (securities.cib.bnpparibas)
    BNP Paribas’ Securities Services business is a leading global custodian providing multi-asset post-trade and asset servicing solutions to buy-side and sell-side market participants, corporates, and issuers. With a global reach covering 90+ markets, its custody network is one of the most extensive in the industry, enabling clients to maximise their investment opportunities worldwide. As a pillar of BNP Paribas’ diversified banking model, Securities Services provides asset servicing solutions that are closely integrated with the first-class services of the Group’s other business lines, in particular those of Global Banking and Global Markets. As of 31 March 2025, Securities Services had USD 15.4 trillion in assets under custody, USD 2.9 trillion in assets under administration and 9,350 funds administered.

    Attachment

    • SALE OF CUSTODY BUSINESS IN HSBC GERMANY

    The MIL Network –

    June 27, 2025
  • MIL-OSI Africa: How New Regional Pipeline Deals are Driving Africa’s Energy Future

    Three significant developments in Africa’s energy landscape made headlines this past month: the East African Crude Oil Pipeline (EACOP) reached 60% completion, the Republic of Congo finalized a pipeline cooperation agreement with Russia, and Nigeria and Equatorial Guinea signed a deal to advance a joint natural gas pipeline. These milestones underscore increasing momentum behind transnational pipeline projects in Africa, which are not only critical to unlocking hydrocarbon value chains, but also pivotal to industrial growth, regional cooperation and efforts to end energy poverty.

    With African Energy Week (AEW) 2025: Invest in African Energies set to take place in Cape Town from September 29 to October 3, recent advances in the midstream sector underscore the growing role of large-scale infrastructure in securing Africa’s energy future. AEW 2025 will provide a platform to unpack how strategic partnerships and regional integration can transform pipelines from isolated projects into engines of inclusive development.

    EACOP: Connecting Uganda to Global Markets

    The 1,443-km EACOP is set to link Uganda’s oil fields in the Lake Albert region to the port of Tanga in Tanzania, facilitating the export of up to 246,000 barrels per day. With 60% of the project now completed – including land acquisition, environmental approvals and construction – EACOP is on track to become the longest heated crude oil pipeline in the world.

    More than just a logistical asset, EACOP represents a critical economic corridor. It is expected to generate thousands of jobs, stimulate local content and unlock ancillary infrastructure such as roads, storage facilities and power lines. By enabling Uganda to monetize its crude reserves, the pipeline also enhances fiscal revenues that can be reinvested into energy access, education and healthcare. At AEW 2025, stakeholders will explore how flagship projects like EACOP can be used as case studies for balancing investment, environmental responsibility and community development, while ensuring African nations retain sovereignty over their resources.

    Russia-Congo Deal: A New Axis in Pipeline Diplomacy

    Just days after the EACOP update, Russia ratified a bilateral agreement with the Republic of Congo for the construction of the Pointe-Noire-Loutete-Maloukou-Trechot oil pipeline. The agreement lays the groundwork for joint efforts in planning, financing, construction and operation of the pipeline, set to be completed in three years. The move strengthens energy ties between the two countries and opens the door for Russian investment in Congo’s midstream sector, potentially accelerating the development of critical infrastructure needed to monetize and export the country’s hydrocarbon resources.

    It also signals a shift in Africa’s external energy partnerships, with Congo turning to non-Western allies to build out its infrastructure and secure long-term offtake agreements. It reinforces the idea that diversified geopolitical engagement can help African nations close the infrastructure gap faster, provided partnerships are structured transparently and with shared development objectives. As African countries look to strengthen global cooperation, AEW 2025 will offer a space to evaluate new alliances, discuss risk-sharing mechanisms and align infrastructure development with continental priorities under the African Union’s Agenda 2063.

    Nigeria-Equatorial Guinea: A Boost for West African Gas Integration

    A recent agreement between Nigeria and Equatorial Guinea, signed on June 18, aims to fast-track the development of a joint natural gas pipeline, designed to increase cross-border gas trade and support export capacity. This project is expected to deepen energy cooperation between the two countries, facilitate access to cleaner fuels and contribute to the diversification of energy sources in the region. It also exemplifies how collaborative infrastructure development can unlock new economic opportunities, stimulate investments and enhance regional energy security.

    Midstream infrastructure companies are also stepping up efforts to improve regional gas trade and distribution. The West African Gas Pipeline Company, backed by Chevron among other shareholders, operates a vital pipeline that transports Nigerian gas to Benin, Togo and Ghana. This pipeline supports power generation and industrial use across multiple West African countries and plays a key role in diversifying the regional energy mix and promoting cross-border gas trade. Meanwhile, the Republic of Mozambique Pipeline Investments Company, which manages the Mozambique-South Africa Gas Pipeline, recently opened a new office in Maputo, aiming to strengthen regional gas connectivity and market integration.

    Pipelines and the Fight Against Energy Poverty

    While Africa accounts for 17% of the global population, it accounts for just 3.3% of global power generation. Energy poverty remains a major constraint on industrialization, education, healthcare and entrepreneurship. Pipelines, by moving fuel to where it is needed most – across borders and into domestic markets – can help address this imbalance.

    “In addition to exporting crude, new pipelines have the potential to deliver LPG and natural gas to underserved regions, reducing dependence on biomass and accelerating the shift toward cleaner household and industrial energy,” says NJ Ayuk, Executive Chairman, African Energy Chamber, adding that coordinated planning between countries can ensure pipelines are multi-purpose and scalable, with clear economic multipliers for local populations.

    “AEW 2025 will shine a light on the role of pipelines in achieving universal energy access, examining regulatory frameworks, project finance models and technology solutions that can make these developments more inclusive and efficient,” he notes.

    Distributed by APO Group on behalf of African Energy Chamber.

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

    MIL OSI Africa –

    June 27, 2025
  • MIL-OSI China: ‘Two zones’ initiative drives Beijing’s digital economy

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

    Beijing has made significant progress in becoming a global benchmark city for the digital economy over the past five years, thanks to the “two zones” initiative, officials said at a press conference Monday.

    The “two zones” initiative refers to Beijing’s dual efforts to develop a pilot free trade zone and a national comprehensive demonstration zone for further opening up the service sector. The initiative has helped drive reform, foster a thriving digital industry ecosystem, and accelerate the application of cutting-edge technologies.

    According to Liu Weiliang, spokesperson for the Beijing Municipal Bureau of Economy and Information Technology, the city has gained a competitive edge in frontier digital technologies. General-purpose AI models such as Doubao and Kimi have achieved strong global performance, placing Beijing among the top tier of global innovators. In brain-computer interface research, Beijing’s Beinao-1 system successfully completed one of the world’s first flexible, semi-invasive, fully implanted wireless human trials and has begun clinical validation. Meanwhile, the Tiangong robot made headlines by winning the world’s first half-marathon title for humanoid robots.

    With the world’s largest and most advanced information and communication infrastructure, China has made great strides in digital connectivity, and Beijing is leading the way. The capital has built 143,900 5G base stations — ranking first in China in terms of density, with the highest number of stations per 10,000 people. With 16,000 5G-A base stations, Beijing has over 1,000 residential communities now capable of supporting 10-gigabit broadband access. 

    The Beijing International Big Data Exchange has been central to the city’s efforts in cultivating a high-quality data market. The exchange has seen rapid growth, with cumulative data transactions reaching 2,250 terabytes and an average annual growth rate of over 200% over the past three years. It has processed more than 100 million high-frequency data requests and introduced 567 high-quality datasets, of which 171 have already been traded. These include text, image, audio, and video formats, highlighting rising market demand, growing product diversity, and active participation.

    Telecommunications has also seen broader opening to foreign investment. Wang Hui, deputy director of the Beijing Communications Administration, said that 10 foreign-invested enterprises have been approved for value-added telecom service trials in the city — accounting for 40% of the national total. These approvals cover services such as internet access, online data processing, and information services, and involve well-known multinational corporations with operations in Europe, the Americas, and Asia-Pacific.

    According to Wang, these companies, many of which are local subsidiaries of global giants, are leveraging their international experience and advanced technologies to support Beijing’s goals. Some offer high-quality network solutions to build platforms for clients across supply chains; some focus on sectors like aviation and automotive manufacturing, providing specialized data and IT services; and several others use their global expertise to support Beijing-based companies in going global, while emerging internet firms are helping diversify service options for local users.

    MIL OSI China News –

    June 27, 2025
  • MIL-OSI Asia-Pac: Traffic accident aid scheme updated

    Source: Hong Kong Information Services

    Starting June 28, the Injury Grant and the Interim Maintenance Grant of the Traffic Accident Victims Assistance Scheme will be merged into the Compassionate Grant (CG), the Social Welfare Department announced today.

    An applicant eligible for the CG will receive $330 per day for a maximum of 60 days of sick leave.

    Subject to meeting other criteria, a CG applicant must obtain certification from a registered medical practitioner, including a registered Chinese medicine practitioner, that his/her injury requires hospitalisation for no less than seven days or sick leave for at least seven days. An applicant can only apply for CG once within two years.

    The revised arrangements will apply to applications involving traffic accidents that happen at or after midnight on June 28. Victims of traffic accidents that happened before that time can still apply for the Injury Grant and the Interim Maintenance Grant.

    The arrangements for the other three grants under the Traffic Accident Victims Assistance Scheme, ie the Burial Grant, Death Grant and Disability Grant, will remain unchanged.

    The Social Welfare Department explained that the Government has no intention of altering the original policy intent of the scheme. It said the revised arrangements, approved by the Legislative Council Finance Committee today, aim to enhance the scheme so that it can provide modest but timely relief to victims of traffic accidents in a sustainable manner, help victims overcome short-term financial difficulties, ensure proper use of public resources, and prevent abuse and fraudulent behaviour.

    For individuals with financial difficulties or other welfare needs, the department said it will provide them with appropriate support, including referring them to apply for the Comprehensive Social Security Assistance or other assistance.

    MIL OSI Asia Pacific News –

    June 27, 2025
  • MIL-OSI Africa: More still needs to be done to strengthen government programmes

    Source: South Africa News Agency

    While South Africa has made significant strides in developing strategies, building infrastructure, and attracting investment, more must be done to ensure government programmes have a broader and deeper impact on the national economy.

    This was said by the Special Economic Zones (SEZ) Special Advisor at the Department of Trade, Industry and Competition (the dtic), Maoto Molefane, during the SSEZ CEOs Forum, held at the Industrial Development Corporation (IDC) in Johannesburg, on Thursday. 

    The high-level engagement brought together key stakeholders, including business leaders, government officials, and development partners to reflect on the state of the country’s SEZs and provide input into the draft Spatial Industrial Development Strategy (SIDS). The strategy proposes a reimagined model for SEZs, industrial parks, and township economic development.

    Molefane called for a shift from “business-as-usual” approach to meaningful implementation that delivers measurable outcomes that will help reignite the country’s re-industrialisation agenda.

    “We continue to face stubborn challenges of poverty, inequality and unemployment, and we have to change that. Our view as the dtic is that all the challenges facing this country can only be addressed if we create decent jobs. 

    “Through jobs, the number of the South African Social Security Agency recipients will decrease, our tax revenue will increase, informal settlements will shrink, and social ills like crime will subside,” Molefane said.

    Molefane emphasised the need for a strategic rethink of the SEZ framework, grounded from past lessons, and guided by the material conditions facing both communities and investors.

    “We are no longer in the business of issuing SEZ licences. Our job is not to designate for the sake of designating. Our job is to industrialise this country. The designation of an SEZ should find us already on the ground doing the work to support investments,” he added.

    As part of its course correction, Molefane noted that the dtic has introduced several measures, including the establishment of a Special Economic Zones Programme Management Unit (PMU) to provide technical support, ensure greater national oversight, help build necessary industrial infrastructure, and require firm investment commitments before any new SEZ is proclaimed.

    “The draft strategy also responds to spatial and economic disparities by prioritising geographic areas with industrial potential, even those without designated SEZs. 

    “This ensures that township economies, underutilised industrial parks, and marginalised municipalities are not left behind in the national effort to reindustrialise. 

    “There is a need for coherence and collaboration across all levels of government to deliver impactful, place-based interventions,” highlighted Molefane.

    The forum also noted the progress made by well-performing zones like Coega, East London, Dube TradePort, and the Tshwane Automotive SEZ (TASEZ), while acknowledging the ongoing work required to integrate Black industrialists, link small businesses, and align SEZs with broader regional development goals.

    Stakeholders in attendance welcomed the frankness of the presentation and underscored the importance of turning South Africa’s SEZs into globally competitive zones of productivity, innovation, and inclusive economic opportunity. – SAnews.gov.za

    MIL OSI Africa –

    June 27, 2025
  • MIL-OSI: PBK Miner announces zero-fee digital asset management platform for Dogecoin miners in 2025

    Source: GlobeNewswire (MIL-OSI)

    Carshalton, UK, June 27, 2025 (GLOBE NEWSWIRE) — PBK Miner launches zero-fee platform offering daily profits, flexible contracts and fast withdrawals, making Dogecoin mining open to users worldwide in 2025

    PBK Miner, the most trusted Dogecoin mining brand in 2025, is pleased to launch its innovative zero-fee digital asset management platform, designed to provide cryptocurrency miners with an easy, profitable and transparent way to mine Dogecoin. Whether you are an experienced miner or a novice, PBK Miner provides you with a safe and flexible way to accumulate wealth through digital assets while eliminating unnecessary fees and long-term commitments.

    Zero fees and flexible contracts, earn profits every day

    The PBK Miner platform is designed to provide users with the opportunity to make daily profits without having to pay hidden fees or sign complex contracts. The main features of the platform include:

    • Daily Profit: Users can instantly earn daily profits from Dogecoin mining, allowing for a steady stream of passive income.
    • Introducing a $10 welcome bonus for new users, which can be claimed upon registration.
    • Flexible contracts: PBK Miner offers contract plans that meet a variety of needs and risk preferences, and can be flexibly adjusted according to market conditions. Whether you need a short-term or long-term contract, PBK Miner can meet your needs.
    • Withdraw at any time: Unlike traditional mining services, PBK Miner allows users to withdraw earnings at any time without withdrawal restrictions.
    • Zero Fees: PBK Miner charges absolutely no fees, no hidden fees, no withdrawal fees, just 100% of your earnings.

    The platform is designed to be simple, user-friendly, and easy to use for both new and experienced miners. Whether you are looking to get started in the cryptocurrency world for the first time or want to maximize your existing Dogecoin holdings, PBK Miner provides you with a simple and easy-to-use solution that does not require much technical knowledge.

    An independent case study noted that one user earned $25,000 in digital asset returns in 20 days using the platform’s optimization features. PBK Miner reports that such results were possible due to the platform’s ability to automatically switch between supported currencies in real-time to reflect current market performance.

    A Trustworthy Platform for Dogecoin Miners in 2025

    PBK Miner has earned its reputation as the most trusted Dogecoin mining brand in 2025 with its commitment to security, transparency, and customer satisfaction. With its focus on providing high-quality services and innovative technology, PBK Miner has quickly become the platform of choice for digital asset management. The platform is trusted by thousands of users around the world, all of whom benefit from reliable returns and a transparent mining process.

    Why should you click on that link?

    Are you ready to start your Dogecoin mining journey? Visit https://pbkminer.com and take the first step towards building digital wealth with zero fees and flexible income options. As the most trusted Dogecoin mining platform in 2025, PBK Miner ensures that you join a safe and growing community of miners.

    By clicking on the link, you can not only start mining immediately, but also discover exclusive offers to increase your mining potential. PBK Miner makes it easy to expand your digital asset portfolio while ensuring transparency and security every step of the way.

    Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or a trading recommendation. Cryptocurrency mining and staking involve risks and may result in loss of funds. It is strongly recommended that you perform due diligence, including consulting a professional financial advisor, before investing or trading in cryptocurrencies and securities.

    The MIL Network –

    June 27, 2025
  • MIL-OSI: PBK Miner announces zero-fee digital asset management platform for Dogecoin miners in 2025

    Source: GlobeNewswire (MIL-OSI)

    Carshalton, UK, June 27, 2025 (GLOBE NEWSWIRE) — PBK Miner launches zero-fee platform offering daily profits, flexible contracts and fast withdrawals, making Dogecoin mining open to users worldwide in 2025

    PBK Miner, the most trusted Dogecoin mining brand in 2025, is pleased to launch its innovative zero-fee digital asset management platform, designed to provide cryptocurrency miners with an easy, profitable and transparent way to mine Dogecoin. Whether you are an experienced miner or a novice, PBK Miner provides you with a safe and flexible way to accumulate wealth through digital assets while eliminating unnecessary fees and long-term commitments.

    Zero fees and flexible contracts, earn profits every day

    The PBK Miner platform is designed to provide users with the opportunity to make daily profits without having to pay hidden fees or sign complex contracts. The main features of the platform include:

    • Daily Profit: Users can instantly earn daily profits from Dogecoin mining, allowing for a steady stream of passive income.
    • Introducing a $10 welcome bonus for new users, which can be claimed upon registration.
    • Flexible contracts: PBK Miner offers contract plans that meet a variety of needs and risk preferences, and can be flexibly adjusted according to market conditions. Whether you need a short-term or long-term contract, PBK Miner can meet your needs.
    • Withdraw at any time: Unlike traditional mining services, PBK Miner allows users to withdraw earnings at any time without withdrawal restrictions.
    • Zero Fees: PBK Miner charges absolutely no fees, no hidden fees, no withdrawal fees, just 100% of your earnings.

    The platform is designed to be simple, user-friendly, and easy to use for both new and experienced miners. Whether you are looking to get started in the cryptocurrency world for the first time or want to maximize your existing Dogecoin holdings, PBK Miner provides you with a simple and easy-to-use solution that does not require much technical knowledge.

    An independent case study noted that one user earned $25,000 in digital asset returns in 20 days using the platform’s optimization features. PBK Miner reports that such results were possible due to the platform’s ability to automatically switch between supported currencies in real-time to reflect current market performance.

    A Trustworthy Platform for Dogecoin Miners in 2025

    PBK Miner has earned its reputation as the most trusted Dogecoin mining brand in 2025 with its commitment to security, transparency, and customer satisfaction. With its focus on providing high-quality services and innovative technology, PBK Miner has quickly become the platform of choice for digital asset management. The platform is trusted by thousands of users around the world, all of whom benefit from reliable returns and a transparent mining process.

    Why should you click on that link?

    Are you ready to start your Dogecoin mining journey? Visit https://pbkminer.com and take the first step towards building digital wealth with zero fees and flexible income options. As the most trusted Dogecoin mining platform in 2025, PBK Miner ensures that you join a safe and growing community of miners.

    By clicking on the link, you can not only start mining immediately, but also discover exclusive offers to increase your mining potential. PBK Miner makes it easy to expand your digital asset portfolio while ensuring transparency and security every step of the way.

    Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or a trading recommendation. Cryptocurrency mining and staking involve risks and may result in loss of funds. It is strongly recommended that you perform due diligence, including consulting a professional financial advisor, before investing or trading in cryptocurrencies and securities.

    The MIL Network –

    June 27, 2025
  • MIL-OSI: Amplify ETFs Declares June Income Distributions for its Income ETFs

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, June 27, 2025 (GLOBE NEWSWIRE) — Amplify ETFs announces June income distributions for its income ETFs.

    ETF Name Ticker Amount per Share Ex-Date Record Date Payable Date
    Amplify Bitcoin Max Income Covered Call ETF BAGY $1.41350 6/27/25 6/27/25 6/30/25
    Amplify Bitcoin 2% Monthly Option Income ETF BITY $1.13000 6/27/25 6/27/25 6/30/25
    Amplify Samsung SOFR ETF SOFR $0.35823 6/27/25 6/27/25 6/30/25
    Amplify Bloomberg U.S. Treasury 12% Premium Income ETF TLTP $0.22790 6/27/25 6/27/25 6/30/25
    Amplify CWP Growth & Income ETF QDVO $0.22691 6/27/25 6/27/25 6/30/25
    Amplify COWS Covered Call ETF HCOW $0.18925 6/27/25 6/27/25 6/30/25
    Amplify CWP International Enhanced Dividend Income ETF IDVO $0.16905 6/27/25 6/27/25 6/30/25
    Amplify CWP Enhanced Dividend Income ETF DIVO $0.16752 6/27/25 6/27/25 6/30/25
    Amplify Natural Resources Dividend Income ETF NDIV $0.13865 6/27/25 6/27/25 6/30/25
    Amplify High Income ETF YYY $0.12000 6/27/25 6/27/25 6/30/25
               

    About Amplify ETFs
    Amplify ETFs, sponsored by Amplify Investments, has over $11.2 billion in assets across its suite of ETFs (as of 5/31/2025). Amplify ETFs delivers expanded investment opportunities for investors seeking growth, income, and risk-managed strategies across a range of actively managed and index-based ETFs. To learn more, visit AmplifyETFs.com.

    Sales Contact: Media Contacts:
    Amplify ETFs Gregory FCA for Amplify ETFs
    855-267-3837 Kerry Davis
    info@amplifyetfs.com 610-228-2098
      amplifyetfs@gregoryfca.com
       

    This information is not intended to provide and should not be relied upon for accounting, legal or tax advice, or investment recommendations. To receive a distribution, you must be a registered shareholder of the fund on the record date. Distributions are paid to shareholders on the payment date. There is no guarantee that distributions will be made in the future. Your own trading will also generate tax consequences and transaction expenses. Past distributions are not indicative of future distributions. Please consult your tax professional or financial adviser for more information regarding your tax situation.

    Carefully consider the Funds’ investment objectives, risk factors, charges, and expenses before investing. This and other information can be found in Amplify Funds’ statutory and summary prospectuses, which may be obtained at AmplifyETFs.com. Read the prospectuses carefully before investing.

    Investing involves risk, including the possible loss of principal.

    Amplify ETFs are distributed by Foreside Services, LLC.

    The MIL Network –

    June 27, 2025
  • MIL-OSI: Climb Channel Solutions Announces Distribution Partnership with Egnyte

    Source: GlobeNewswire (MIL-OSI)

    EATONTOWN, N.J., June 27, 2025 (GLOBE NEWSWIRE) — Climb Channel Solutions, an international specialty technology distributor and wholly owned subsidiary of Climb Global Solutions, Inc. (NASDAQ: CLMB) is proud to announce a distribution agreement with Egnyte, a leader in secure content collaboration, intelligence, and governance.

    This partnership enables Climb to deliver Egnyte’s cloud-native platform to partners and their customers across the United States, reinforcing Climb’s commitment to expanding access to transformative technologies worldwide. By adding Egnyte to its portfolio, Climb is equipping resellers with a trusted, scalable platform that fits seamlessly into both SMB and enterprise environments. This partnership underscores Climb’s mission to deliver partner-first technologies that move with the speed of modern business.

    “We are thrilled to announce Egnyte’s partnership with Climb Channel Solutions as we continue to invest deeply in the partner community,” said Bob Gagnon, Senior Vice President of Global Channel Sales at Egnyte. “Egnyte is committed to delivering high-quality, innovative solutions, and Climb Channel Solutions is uniquely positioned to add value to the distribution network with deep industry expertise, a strong track record of on-time delivery, and a collaborative approach tailored to regional and strategic objectives.”

    This partnership comes on the heels of Egnyte announcing enhancements to its Partner Program and new partner portal, Partner Hub, reflecting its commitment to delivering a more streamlined approach to better support a broader network of solution partners. Egnyte’s partner program is built upon its three core partnering priorities: profitability, enablement, and simplicity, to help our partners bring Egnyte’s AI-powered cloud collaboration platform to more businesses. Resellers will be able to take advantage of Egnyte’s agile supply chain support, responsive technical assistance, and competitive pricing to enable faster market penetration and sustained growth.

    “Egnyte is a standout addition to our vendor ecosystem,” said Dale Foster, CEO of Climb. “Their channel momentum, combined with a product that addresses real-time collaboration and secure file sharing, makes this a win for our partners. We’re excited to support Egnyte’s continued growth through Climb’s extensive reseller network and to help businesses leverage data more intelligently and securely. Together, we’re making enterprise-grade solutions more accessible.”

    Those interested in distribution services and solutions should contact Climb by phone at +1.800.847.7078 (US), or +1.888.523.7777 (Canada), or by email at Sales@ClimbCS.com.

    About Climb Channel Solutions and Climb Global Solutions

    Climb Channel Solutions is a global specialty technology distributor focused on Security, Data Management, Connectivity, Storage & HCI, Virtualization & Cloud, and Software & Application Lifecycle. What sets Climb apart is our commitment to reimagining distribution through a data-driven approach that brings emerging technologies to market faster. We empower our partners with speed to market, flexible financing, real-time quoting, best-of-breed channel operations, and exceptional service—transforming how distribution supports growth and scalability. Climb Channel Solutions is a wholly owned subsidiary of Climb Global Solutions (NASDAQ: CLMB). Experience distribution reimagined and discover how our people-first approach helps VARs and MSPs grow, scale, and accelerate their business. Visit www.ClimbCS.com, call 1-800-847-7078, and connect with us on LinkedIn!

    For Media & PR inquiries contact:
    Climb Channel Solutions
    Media Relations
    media@ClimbCS.com

    Investor Relations Contact:
    Elevate IR
    Sean Mansouri, CFA
    T: 720-330-2829
    CLMB@elevate-ir.com

    About Egnyte

    Egnyte combines the power of cloud content management, data security, and AI into one intelligent content platform. More than 22,000 customers trust Egnyte to improve employee productivity, automate business processes, and safeguard critical data, in addition to offering specialized content intelligence and automation solutions across industries, including architecture, engineering, and construction (AEC), life sciences, and financial services. For more information, visit www.egnyte.com.

    Media Contact:
    Erin Mancini
    Senior Manager of Public Relations
    media@egnyte.com

    The MIL Network –

    June 27, 2025
  • MIL-OSI: KE Holdings Inc. Announces Results of Annual General Meeting

    Source: GlobeNewswire (MIL-OSI)

    BEIJING, June 27, 2025 (GLOBE NEWSWIRE) — KE Holdings Inc. (“Beike” or the “Company”) (NYSE: BEKE; HKEX: 2423), a leading integrated online and offline platform for housing transactions and services, today announced that each of the proposed resolutions submitted for shareholders’ approval (the “Proposed Resolutions”) as set forth in the notice of annual general meeting dated April 17, 2025 have been adopted at the meeting held in Beijing, China today.

    After the adoption of the Proposed Resolutions, all corporate authorizations and actions contemplated thereunder are approved, including, among other things, that (i) Mr. Jeffrey Zhaohui Li is re-elected as a non-executive director and Ms. Xiaohong Chen is re-elected as an independent non-executive director of the Company, and (ii) the directors of the Company are granted a general unconditional mandate to allot, issue and deal with additional Class A ordinary shares or equivalents and a general unconditional mandate to repurchase the Company’s own shares, respectively, on the terms and in the periods as set out in the notice of annual general meeting.

    About KE Holdings Inc.

    KE Holdings Inc. is a leading integrated online and offline platform for housing transactions and services. The Company is a pioneer in building infrastructure and standards to reinvent how service providers and customers efficiently navigate and complete housing transactions and services in China, ranging from existing and new home sales, home rentals, to home renovation and furnishing, and other services. The Company owns and operates Lianjia, China’s leading real estate brokerage brand and an integral part of its Beike platform. With more than 23 years of operating experience through Lianjia since its inception in 2001, the Company believes the success and proven track record of Lianjia pave the way for it to build its infrastructure and standards and drive the rapid and sustainable growth of Beike.

    Safe Harbor Statement

    This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Beike may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”) and The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about KE Holdings Inc.’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Beike’s goals and strategies; Beike’s future business development, financial condition and results of operations; expected changes in the Company’s revenues, costs or expenditures; Beike’s ability to empower services and facilitate transactions on Beike platform; competition in the industry in which Beike operates; relevant government policies and regulations relating to the industry; Beike’s ability to protect the Company’s systems and infrastructures from cyber-attacks; Beike’s dependence on the integrity of brokerage brands, stores and agents on the Company’s platform; general economic and business conditions in China and globally; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in KE Holdings Inc.’s filings with the SEC and the Hong Kong Stock Exchange. All information provided in this press release is as of the date of this press release, and KE Holdings Inc. does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

    For investor and media inquiries, please contact:

    In China:
    KE Holdings Inc.
    Investor Relations
    Siting Li
    E-mail: ir@ke.com

    Piacente Financial Communications
    Jenny Cai
    Tel: +86-10-6508-0677
    E-mail: ke@tpg-ir.com

    In the United States:
    Piacente Financial Communications
    Brandi Piacente
    Tel: +1-212-481-2050
    E-mail: ke@tpg-ir.com

    Source: KE Holdings Inc.

    The MIL Network –

    June 27, 2025
  • MIL-OSI: TC Energy commences collection of tolls on Southeast Gateway pipeline

    Source: GlobeNewswire (MIL-OSI)

    • Final project cost is approximately US$3.9 billion, 13 per cent under original cost estimate
    • Supplies affordable, reliable and sustainable natural gas to fuel Mexico’s economic growth

    CALGARY, Alberta, June 27, 2025 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that it has commenced the collection of tolls from the Comisión Federal de Electricidad (CFE) for the Southeast Gateway pipeline and has been paid by the CFE for the month of May, on time in accordance with our contract. We continue to work with the newly constituted Comisión Nacional de Energía (CNE) to obtain the approval of our regulated rates as soon as possible, which is required to provide service to potential future interruptible service users on Southeast Gateway other than the CFE.

    The Southeast Gateway pipeline, a 1.3 Bcf/d, 715-kilometre natural gas pipeline, was constructed approximately 13 per cent under the original cost estimate in less than three years from the project’s final investment decision. Southeast Gateway was the first significant energy infrastructure project constructed under our successful public-private partnership with the CFE.

    “The successful completion of the Southeast Gateway pipeline reflects the unwavering commitment of our team, the CFE and the Ministry of Energy (SENER) to support Mexico’s expanding energy demand and future economic development,” said François Poirier, TC Energy’s President and Chief Executive Officer.

    To advance Mexico’s economic growth and energy security, the Government of Mexico has announced plans to add approximately 8.5 gigawatts of newly installed capacity from natural gas power plants. The Southeast Gateway pipeline, along with the Company’s other assets in Mexico, is positioned to play a vital role in supporting this initiative and the transition to lower-emission, more reliable energy sources.

    About TC Energy
    We’re a team of 6,500+ energy problem solvers connecting the world to the energy it needs. Our extensive network of natural gas infrastructure assets is one-of-a-kind. We seamlessly move, generate and store energy and deliver it to where it is needed most, to homes and businesses in North America and across the globe through LNG exports. Our natural gas assets are complemented by our strategic ownership and low-risk investments in power generation.

    TC Energy’s common shares trade on the Toronto (TSX) and New York (NYSE) stock exchanges under the symbol TRP. To learn more, visit us at TCEnergy.com.

    FORWARD-LOOKING INFORMATION
    This release contains certain information that is forward-looking and is subject to important risks and uncertainties (such statements are usually accompanied by words such as “anticipate”, “expect”, “believe”, “may”, “will”, “should”, “estimate”, “intend” or other similar words). Forward-looking statements in this document are intended to provide TC Energy security holders and potential investors with information regarding TC Energy and its subsidiaries, including management’s assessment of TC Energy’s and its subsidiaries’ future plans and financial outlook. All forward-looking statements reflect TC Energy’s beliefs and assumptions based on information available at the time the statements were made, and as such are not guarantees of future performance. As actual results could vary significantly from the forward-looking information, you should not put undue reliance on forward-looking information and should not use future-oriented information or financial outlooks for anything other than their intended purpose. We do not update our forward-looking information due to new information or future events, unless we are required to by law. For additional information on the assumptions made, and the risks and uncertainties which could cause actual results to differ from the anticipated results, refer to the most recent Quarterly Report to Shareholders and Annual Report filed under TC Energy’s profile on SEDAR+ at www.sedarplus.ca and with the U.S. Securities and Exchange Commission at www.sec.gov.

    -30-

    Media Inquiries:
    Media Relations
    media@tcenergy.com
    403-920-7859 or 800-608-7859

    Investor & Analyst Inquiries:
    Gavin Wylie / Hunter Mau
    investor_relations@tcenergy.com
    403-920-7911 or 800-361-6522

    PDF available: http://ml.globenewswire.com/Resource/Download/71eecfb6-0f18-4356-a066-6de39df05b1f

    The MIL Network –

    June 27, 2025
  • President Murmu highlights MSMEs as backbone of inclusive economic growth

    Source: Government of India

    Source: Government of India (4)

    President of India Droupadi Murmu on Friday graced and addressed the MSME Day celebration held in New Delhi, underscoring the critical role played by Micro, Small and Medium Enterprises (MSMEs) in shaping the nation’s economic future.

    Addressing the gathering, the President described the MSME sector as a vital pillar of the Indian economy. She said that MSMEs significantly contribute to the GDP and are instrumental in promoting innovation at the grassroots level. Highlighting the sector’s role in inclusive development, she remarked that MSMEs generate employment at a relatively low capital cost and, more importantly, create job opportunities in rural and backward regions. According to the President, this decentralised model of growth empowers weaker sections of society and strengthens the foundation for sustainable economic development.

    While recognising the sector’s contribution, President Murmu also pointed out the persistent challenges faced by MSMEs. These include limited access to finance, stiff competition from large corporations, outdated technology, shortage of raw materials and skilled labour, restricted market reach, and delays in payment. Acknowledging these hurdles, she emphasised the need for continued support and reform to enable the sector to achieve its full potential.

    The President appreciated the various initiatives undertaken by the Government of India to strengthen the MSME ecosystem. She referred to the revised classification criteria for MSMEs, measures to enhance credit availability, and the policy mandating central ministries, departments, and public sector enterprises to procure at least 35 percent of their annual requirements from micro and small enterprises. She also highlighted schemes like PM Vishwakarma Yojana for skill development of traditional artisans. Expressing satisfaction, she said, “It is encouraging to note that these initiatives have led to a rapid increase in the number of registered MSMEs in the country.”

    She further expressed confidence that the recently launched Online Dispute Resolution Portal for MSMEs will play a crucial role in resolving issues related to delayed payments, a common concern in the sector.

    Underscoring the need for innovation, the President said it was key to the long-term sustainability of MSMEs. “Grassroots innovations can provide affordable and locally relevant solutions to everyday problems using local resources,” she added.

    President Murmu also welcomed the increasing participation of women in the MSME sector. She said that the involvement of more women in entrepreneurship is essential for the holistic development of the country. Urging young women to take up enterprise and become self-reliant, she added, “This is the time for young women to lead from the front.”

    Drawing attention to the environmental aspect of MSME operations, the President pointed out that the sector is responsible for a considerable share of energy consumption and emissions. Stressing the importance of green technologies, she said, “Promoting eco-friendly practices within MSMEs is not just good for business—it is vital for the planet. This will not only improve the competitiveness and sustainability of MSMEs but will also help India move closer to its climate targets.”

    June 27, 2025
  • UN bids to salvage global development summit after US boycott

    Source: Government of India

    Source: Government of India (4)

    Scores of world leaders will be sweltering in the summer sun of southern Spain next week at a once-a-decade United Nations development financing summit aimed at curbing global poverty, disease and the worst-case threats of climate change.

    Despite the scorching temperatures, though, a major chill looms over the event – the decision early this month by the United States, traditionally the world’s largest aid giver and key finance provider, not to show up.

    UN countries want to close a $4 trillion-a-year funding gap they now estimate prevents the developing world achieving the organisation’s Sustainable Development Goals that range from cutting infant death rates to minimising global warming.

    Critics say the promises at the heart of the conference – called the “Seville Commitment” – are nowhere near bold enough.

    The measures, agreed by consensus after a year of tough negotiations, include tripling multilateral lending capacity, debt relief, a push to boost tax-to-GDP ratios to at least 15%, and shifting special IMF money to countries that need it most.

    The run-up, however, has been marred by the U.S. decision to withdraw over what it said was the crossing of a number of its red lines, including the push to triple development bank lending, change tax rules and the use of the term “gender” in summit wording.

    The European Union only joined the summit with reservations, particularly over how debt is discussed within the UN.

    Speaking to reporters this week, U.N. Deputy Secretary-General Amina Mohammed described Washington’s boycott as “regrettable”, especially after its “catastrophic” recent aid cuts that she said had cost lives and livelihoods.

    Speaking alongside officials from summit host Spain and Zambia, which has helped organise it, she said the final outcome document agreed reflected both “ambition and realism” and that the U.N. would try to re-engage the U.S. afterwards.

    Remy Rioux, chief executive officer of the French Development Agency, said Washington’s withdrawal had not been a total surprise given Donald Trump’s views. The hope is that agreements next week will allow bolder action at the UN climate talks in Brazil in November.

    “We will push for the new framework… (and) its operationalisation from Seville to Belem,” he added, referring to the Brazilian city that will host COP30.

    AID IN DECLINE

    Other measures to be announced include multilateral lenders automatically giving vulnerable countries the option to insert repayment break clauses into their loans in case of hurricane, drought or flood.

    Another buzz phrase will be a “Global SDR playbook” – a plan where the wealthiest countries rechannel the IMF’s reserve-like Special Draw Rights they hold to the multilateral banks, who then leverage them as capital in order to lend more.

    Campaigners warn that it will fall far short of what is needed, especially as more than 130 countries now face critically high debt levels and many spend more on repayments than on health or education.

    Aid and support from rich countries, who themselves have rising debts, is dropping too.

    In March, the U.S. slashed more than 80% of programmes at its USAID agency following federal budget cuts spearheaded by billionaire Elon Musk. Britain, France, Germany, the Netherlands and Sweden have all made cuts in recent years too.

    The OECD projects a 9–17% drop in net official development assistance (ODA) in 2025, following a 9% decline in 2024.

    It looks set to hit the poorest countries hardest: bilateral ODA to least developed countries and sub-Saharan Africa may fall by 13-25% and 16-28% respectively, the OECD estimates, and health funding could drop by up to 60% from its 2022 peak.

    So what would be a good outcome in Seville, especially given the U.S. pull-out?

    “We should make sure we are not backtracking at this point,” said Orville Grey at the International Institute for Sustainable Development, referring to funding commitments. “We should at least remain stable.”

    (Reuters)

    June 27, 2025
  • MIL-OSI: Bitget Wallet Introduces BTC Staking Initiative With Rhea Finance, Offering Up to 15% APY and 3 Million RHEA in Rewards

    Source: GlobeNewswire (MIL-OSI)

    SAN SALVADOR, El Salvador, June 27, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, the leading non-custodial crypto wallet, has worked with decentralized finance platform Rhea Finance to introduce a BTC staking initiative offering yields of up to 15% APY and 3 million RHEA token incentives. Running from June 27 to July 11, the initiative aims to increase participation in decentralized lending and support the growth of Rhea’s onchain ecosystem ahead of its upcoming token generation event.

    Rhea Finance is a decentralized, non-custodial protocol that allows users to supply assets to earn interest or borrow against them through a pool-based interest rate model. By staking BTC through Bitget Wallet, users gain access to competitive yield opportunities and token-based rewards. All incentives will be distributed following the launch of the RHEA token, with participation dependent on staking and completion of a set of engagement tasks.

    To qualify, users must stake at least $10 worth of BTC via Bitget Wallet and complete actions such as following Rhea on social channels and joining its community groups. Each user is limited to one wallet address and device, with a minimum wallet balance required at the close of the initiative. The program combines DeFi-native incentives with a non-custodial experience to drive broader awareness and adoption.

    “This collaboration with Rhea Finance reflects our commitment to enabling secure and accessible on-chain opportunities for everyday users,” said Jamie Elkaleh, CMO at Bitget Wallet. “By integrating high-yield staking directly into the wallet, we’re helping users benefit from DeFi without needing to navigate complex protocols or give up control of their assets.”

    Find out more on Bitget Wallet’s official channels.

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

    For more information, visit: X | Telegram | Instagram | YouTube | LinkedIn | TikTok | Discord | Facebook

    For media inquiries, contact media.web3@bitget.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6d4da5e3-536a-4897-808f-e84e6d95eb30

    The MIL Network –

    June 27, 2025
  • MIL-OSI: Bitget Wallet Introduces BTC Staking Initiative With Rhea Finance, Offering Up to 15% APY and 3 Million RHEA in Rewards

    Source: GlobeNewswire (MIL-OSI)

    SAN SALVADOR, El Salvador, June 27, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, the leading non-custodial crypto wallet, has worked with decentralized finance platform Rhea Finance to introduce a BTC staking initiative offering yields of up to 15% APY and 3 million RHEA token incentives. Running from June 27 to July 11, the initiative aims to increase participation in decentralized lending and support the growth of Rhea’s onchain ecosystem ahead of its upcoming token generation event.

    Rhea Finance is a decentralized, non-custodial protocol that allows users to supply assets to earn interest or borrow against them through a pool-based interest rate model. By staking BTC through Bitget Wallet, users gain access to competitive yield opportunities and token-based rewards. All incentives will be distributed following the launch of the RHEA token, with participation dependent on staking and completion of a set of engagement tasks.

    To qualify, users must stake at least $10 worth of BTC via Bitget Wallet and complete actions such as following Rhea on social channels and joining its community groups. Each user is limited to one wallet address and device, with a minimum wallet balance required at the close of the initiative. The program combines DeFi-native incentives with a non-custodial experience to drive broader awareness and adoption.

    “This collaboration with Rhea Finance reflects our commitment to enabling secure and accessible on-chain opportunities for everyday users,” said Jamie Elkaleh, CMO at Bitget Wallet. “By integrating high-yield staking directly into the wallet, we’re helping users benefit from DeFi without needing to navigate complex protocols or give up control of their assets.”

    Find out more on Bitget Wallet’s official channels.

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

    For more information, visit: X | Telegram | Instagram | YouTube | LinkedIn | TikTok | Discord | Facebook

    For media inquiries, contact media.web3@bitget.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6d4da5e3-536a-4897-808f-e84e6d95eb30

    The MIL Network –

    June 27, 2025
  • MIL-OSI Europe: The banking sector in the EU continues to show resilience in capital, liquidity and profitability, but geopolitical events could pose significant challenges for the industry

    Source: European Banking Authority

    The European Banking Authority (EBA) today released the Spring 2025 edition of its risk assessment report (RAR), which also analyses the funding plans of banks within the European Union/European Economic Area (EU/EEA). This report is supplemented by the Spring Risk Assessment Questionnaire (RAQ).

    Key findings from the EBA risk assessment

    •    As of the end of 2024, banks maintained a robust capital base, while profits were at historically high levels. Increased uncertainty and financial market volatility could pose challenges for the sustainability of these.
    •    Liquidity levels remained substantial and significantly exceeded minimum standards, although potential risks may emerge due to heightened volatility.
    •    EU/EEA banks’ credit risks could rise due to their exposure to sectors affected by tariffs or supply chain disruptions stemming from geopolitical events.
    •    Operational risks are on the rise, particularly in relation to cyber threats and a surge in fraudulent activities.
    •    The funding plans of EU/EEA banks indicate a focus on leveraging their deposit base and issuing secured debt to facilitate strong asset growth.
    •    A significant portion of EU/EEA banks’ exposures could be affected by both transitional and physical climate-related risks, although there is considerable variation among different banks and countries.

    Documents

    Risk Assessment Report – Spring 2025 [digital]
    Risk Assessment Report Spring 2025

    (2.81 MB – PDF)

    RAQ Booklet graphs Spring 2025

    (5.08 MB – PDF)

    Risk Assessment Report Spring 2025 – presentation

    (1.06 MB – PDF)

    MIL OSI Europe News –

    June 27, 2025
  • MIL-OSI United Kingdom: UKEF announces enhanced business support to supercharge international trade

    Source: United Kingdom – Executive Government & Departments

    Press release

    UKEF announces enhanced business support to supercharge international trade

    UK Export Finance introduces new products that offer enhanced support and security for smaller businesses when trading internationally

    Smaller businesses are set to benefit from extra government support to maximise orders from international buyers UK Export Finance (UKEF) unveils today, delivering on commitments set out in the government’s new Trade Strategy.  

    The export credit agency and government department plays a vital role in stimulating exports and enhancing accessibility for exporters of all sizes nationwide. 

    UKEF has enhanced its export insurance with a new Small Export Builder option, making export protection more accessible to smaller businesses seeking financial security when trading internationally. 

    The department is also introducing a ‘Repeat Order Guarantee’ so international buyers can easily keep accessing goods and services from their most trusted UK suppliers of all sizes and in a more streamlined way without the need of repeated applications, reducing red tape for business. This will help businesses to plan ahead and give greater assurance to UK-based supply chains. 

    Trade Minister Douglas Alexander said:

    This new hard-headed, data driven, and agile approach to trade policy is guided by our pragmatic patriotism. In this changed and challenging world, we will promote what we can and protect what we must to advance the UK’s national interest.   

    Through our Trade Strategy, we are supporting our businesses to expand and export with a wider range of trade tools that harness our high-growth industries of the future to deliver this government’s Plan for Change. 

    With its larger £80 billion remit, UKEF takes a central role in helping the government to achieve its trade objectives, and support exporters to fulfil orders, create jobs and get paid. 

    UK Export Finance CEO Tim Reid added:

    We’re focused on delivering measurable impact for our customers, placing their needs at the heart of everything we do.  

    UKEF supports businesses through providing financing, guarantees and insurance to support UK exports. We continue to focus on making our products more accessible and easier to use.  

    Our updated insurance offer and Repeat Order Guarantee are fantastic additions to our portfolio and underscore our efforts to support long-term export growth.

    The measures are announced ahead of UKEF’s 2024/25 annual report & accounts which will be published soon.  

    The results will build on the 2023/24 financial year in which UKEF provided over £8.8 billion of support to 650 businesses, supported up to 41,000 jobs in communities around the whole UK and the contribution of up to £3.3 billion to the overall economy. 

    Share this page

    The following links open in a new tab

    • Share on Facebook (opens in new tab)
    • Share on Twitter (opens in new tab)

    Updates to this page

    Published 27 June 2025

    MIL OSI United Kingdom –

    June 27, 2025
  • MIL-OSI Australia: Whyalla Airport cleared for take-off after vital upgrade completion

    Source: Commonwealth Director of Public Prosecutions

    An investment of more than $30 million to upgrade one of South Australia’s most important airports has been completed, allowing vital services to the Whyalla region to continue. 

    Funded by the Australian ($16.2 million) and South Australian ($13.8 million) governments, the upgrade strengthened the airport’s runway to allow larger aircraft to service the region. 

    Whyalla City Council funded an additional $2.4 million of the works, which also included replacing the existing airfield lighting system. 

    The completion of works will allow new 74-seat Q400 aircraft to operate on Whyalla routes, allowing for faster flight times and increased passenger numbers. 

    The South Australian Government recently established the Whyalla Special Economic Zone to drive local industry involvement in government projects, such as the Whyalla Airport runway upgrade. 

    Delivered by Fulton Hogan, the project used 90 per cent local construction materials and utilised a total workforce of approximately 234 people, 110 of whom were Whyalla locals. 

    Quotes attributable to South Australian Premier Peter Malinauskas: 

    “This investment is a demonstration of our confidence in Whyalla’s long-term future. 

    “Whyalla Airport services more than 50,000 passengers every year, many of them workers, and this upgrade will ensure the airport can continue its important work.” 

    Quotes attributable to Federal Infrastructure, Transport, Regional Development and Local Government Minister Catherine King:

    “These upgrades at Whyalla Airport will keep local communities connected, bring visitors in and help maintain a strong regional aviation network for Australia. 

    “That’s why the Albanese Government has proudly invested $16.2 million to this project, partnering with the state and local government to deliver for the Whyalla region.” 

    Quotes attributable to Federal Industry and Innovation Minister Tim Ayres: 

    “As well as keeping locals better connected in the long term, this upgrade for Whyalla Airport injected around $4 million directly into the region’s economy. 

    “It also provided welcome construction jobs while drawing on local materials, providing a major boost for the area.” 

    Quotes attributable to South Australian Infrastructure and Transport Minister Tom Koutsantonis: 

    “This upgrade was imperative to ensure commercial air travel could continue to this facility. 

    “Without it, there would have been significant damage to the businesses that rely on FIFO workers, as well as tourism operators, among others. 

    “Whyalla is clearly a major priority of this Government, and the importance of a well-functioning access point to and from the city cannot be overstated.” 

    Quotes attributable to South Australian Senator Karen Grogan: 

    “Whyalla Airport brings in tourists, FIFO workers and a range of essential services – making it a critical gateway for the region’s prosperity. 

    “It is one of the largest regional airports in South Australia and our Government is proud to have invested in its future.” 

    Quotes attributable to State Member for Giles Eddie Hughes:

    “Once again the Federal and State Labor Governments demonstrate their commitment to Whyalla and the Northern Spencer Gulf by partnering to fund the essential upgrade of the Whyalla Airport. 

    “Without that investment we would have lost vital commercial flights between Whyalla and Adelaide, not to mention the provision of medical services would have been seriously degraded not just in Whyalla but also in Port Augusta. 

    “It’s great to see the upgrade delivered on time, on budget and employing locals.” 

    Quotes attributable to City of Whyalla Mayor Phill Stone: 

    “I’d like to thank the Albanese and Malinauskas governments for their unprecedented financial support of Whyalla’s steelworks and airport, thereby recognising the significance of our city in the prosperity of both the state and the entire nation. 

    “The airport runway project has provided a major injection for local contractors and employees throughout its construction and will continue to benefit the Whyalla economy for decades to come.” 

    Quotes attributable to QantasLink CEO Rachel Yangoyan: 

    “This investment by Federal, State and local governments not only supports the future of air travel in Whyalla, but also unlocks new opportunities for economic growth across the region. 

    “Our investment in an all-Q400 fleet means larger aircraft flying to and from Whyalla, providing more seats and a faster, more comfortable journey for customers.” 

    Quotes attributable to Peter Curl, Fulton Hogan CEO – Infrastructure Services: 

    “We’ve been proud to deliver this project for Whyalla, a community that has shown us overwhelming support. 

    “We believe in creating, connecting, and caring for communities and our focus has been to prioritise working with local businesses and workforce. We have also worked closely with the Council on several community-focused projects to show our appreciation to the community of Whyalla.”

    MIL OSI News –

    June 27, 2025
  • MIL-OSI Australia: Address to the Maritime Industry Australia Decarbonisation Summit, Melbourne

    Source: Commonwealth Director of Public Prosecutions

    **CHECK AGAINST DELIVERY**

    Thank you, Angela for your kind introduction, and congratulations to you and your team on organising this important event for the maritime industry.

    I begin by respectfully acknowledging the Traditional Custodians of the land on which we meet today. 

    I pay my respects to their Elders past and present, and I extend that respect to any and all First Nations people joining us today.

    Australia’s First Nations people were our first maritime traders. 

    This rich and deep history included trade with Macassan ships from Indonesia along our Northern frontier, and seafaring trade in the Torres Strait, and along the coast of Papua New Guinea. Our modern maritime industry builds on this tradition.

    I’d also like to acknowledge, from the Victorian Government, Melissa Horne MP, Minister for Health Infrastructure, Ports and Freight, and Roads and Road Safety.

    And Professor Rod Sims AO, from the Crawford School of Public Policy at the ANU – thank you for joining us today.

    The theme of this Summit is ‘progress’ and we come together on the International Day of the Seafarer. 

    It couldn’t be more timely given the current geopolitical state of the world and the imperative of decarbonisation. 

    These are the realities of our times.

    It is more important than ever for Australia to have a strong and sovereign maritime sector, and for us to embrace both the challenges and the opportunities of decarbonisation. 

    The maritime industry is absolutely vital for Australia’s prosperity. 

    As the lyrics of our national anthem state, ours is a nation ‘girt by sea’.

    Our coastline extends across some 60,000 kilometres and includes 12,000 islands.

    It is the great sea roads and maritime highways leading from our shores that connect Australia with the world, and centres us in the Asia-Pacific region. 

    Our society and economy depend utterly on the ships that ply these routes. 

    These are our supply chains.

    Shipping is responsible for over 99 per cent of our nation’s international trade.

    We are the fifth largest user of shipping services in the world, and the world’s largest bulk commodities exporter.

    Our ports handle over 1.6 billion tonnes of cargo, and welcome 29,000 visits every year from international trading ships. 

    A substantial proportion of our domestic freight also depends on coastal shipping. 

    And let’s not forget that the maritime sector is an important employer – ports activities alone account for an extraordinary one in 20 jobs in our country.

    This morning, I’d like to give you an overview of what our government is doing to support your vital industry.

    The Prime Minister has made clear a major focus this term would be supporting industries across the economy to drive productivity, and to do that while also lifting job security and job quality. 

    In the lead up to the Treasurer’s upcoming Reform Roundtable, I intend to host a meeting with key transport and logistics industry representatives, including the maritime sector, to discuss ways to grow the economy and increase productivity. 

    We want to build an economy where growth, wages and productivity rise together.

    And we are committed to modernising Australia’s maritime sector; including through its regulatory framework.

    The Shipping Registration Act came into being in 1981, in very different times.

    Modernising it is another of our Government’s priorities, to ensure it is fit for purpose and supports the long-term sustainability of an Australian strategic fleet. 

    Our independent review of the Shipping Registration Act is now complete. 

    I’d like to thank its leaders — Former Public Service Commissioner Lynelle Briggs, and Nicholas Gaskell, Emeritus Professor of Maritime and Commercial Law at the University of Queensland — for their efforts.

    Lynelle and Nick conducted comprehensive stakeholder consultation as part of their review, and they have incorporated extensive feedback into their report. 

    They are continuing with their parallel review of the Coastal Trading Act 2012, which is due to report later this year.

    Another crucial step we are taking to improve maritime resilience and capability is the establishment of a strategic fleet ― 12 Australian flagged and crewed vessels that will enable the movement of critical cargo during crises and emergencies.  

    Our Government committed funding in the 2024-25 Budget to establish a five-year Strategic Fleet Pilot Program comprising three vessels.

    These will be privately owned, commercially operated and will be available to the Australian Government to requisition in times of need. 

    Tenders for the Pilot program are currently being evaluated through a competitive, open and transparent process that will ensure the government achieves value for money.

    The Strategic Fleet provides the opportunity for growth and transformation in Australia’s maritime sector in a way that supports Australia’s economic prosperity, security and way of life well into the future.

    The Pilot will provide an evidence-base for future proposals to expand the fleet and fully deliver on our Government’s commitment.

    Once procurement for the Pilot Fleet is complete we will make a public announcement regarding the outcome and indicative timing for the first vessels on the water.

    Industry has been heavily involved in shaping the government’s Strategic Fleet policy through consultation processes, and this engagement will continue in the implementation stage.

    Our domestic policy needs to progress our national interests, and it also needs to be in-step with global developments.

    Australia’s presence at International Maritime Organisation enables this.

    Shipping is by nature a global industry, and Australia’s interests are represented in this world forum.

    Australia’s presence at the IMO also enables our engagement with international efforts to reduce emissions and prevent ship-based pollution of all kinds.

    During our first term, our Government supported the IMO to adopt a Revised Strategy on the Reduction of Emissions from Ships, and reach Net Zero emissions by 2050.

    The Strategy’s decarbonisation pathway includes mid‑term measures such as annual fuel intensity targets, a greenhouse gas emissions economic measure, and a reward system for sustainable fuel adoption.

    It sets target reductions of 30 per cent by 2030 and 80 per cent by 2040 compared to 2008 levels, as well as a target of 10 percent for the uptake of zero-emission fuels by 2030.

    In April, the IMO made the historic decision to circulate measures that will achieve these targets.

    Interestingly, the measures also include a ‘feebate’ mechanism that will subsidise green maritime fuels, which supports our Government’s Low Carbon Liquid Fuels policy.

    As our Government was in caretaker mode in April, Australia abstained from voting on these measures at the time. 

    They will be further considered by IMO in October, and if agreed will establish the world’s first ever truly international carbon market. 

    The Government is carefully considering what role it will play in October, and I understand that my department is hosting a roundtable with industry later this week to continue the conversation on how the measures might impact industry.

    The Secretary-General of the IMO is also visiting Australia in August and I hope to catch up with him to discuss Australia’s maritime interests.

    The year 2030, the deadline for the first of the IMO’s targets, is not that far away.

    Our government recognised this in our first term, and we laid plans to ensure that Australia’s maritime industry is prepared for the future, ready to contribute to our national emissions targets, and able to thrive in a decarbonised global economy.

    Now in our second term, we have a strong mandate to continue the work we’ve started.

    There are challenges to meet on the road to decarbonisation, but also incredible opportunities in new jobs and new industries. 

    Our Government’s ambition for a Future Made in Australia will form a comprehensive, coordinated and practical strategy to seize all the benefits on offer.

    As part of the Future Made in Australia plan, the Government is fast-tracking support for our nation’s growing domestic Low Carbon Liquid Fuels, or LCLFs. 

    In March, we announced the delivery of $250 million to accelerate the pace of Australia’s growing domestic LCLF industry. 

    This funding is part of the $1.7 billion Future Made in Australia Innovation Fund, and is being provided as grants to support pre-commercial innovation, demonstration and deployment.

    Australia has all the ingredients to support a thriving biofuels sector – especially if the IMO measure for a global subsidy is adopted and provided.

    We have an abundance of renewable energy resources and significant refining and port infrastructure.

    We have the potential to grow LCLF production for domestic consumption and for export.

    And our Government is committed to supporting a sovereign biofuel industry that Australia controls, and which serves our interests.

    Our Government is committed to maritime decarbonisation, as part of our drive to reach our legislated target of Net Zero greenhouse gas emissions by 2050.

    Our Government will soon release its Net Zero Plan for the economy, along with six sector-decarbonisation plans.

    Amongst these sector plans is one for the Transport and Infrastructure Net Zero Roadmap.

    And within that plan is one that speaks specifically to the unique challenges and opportunities of the maritime industry – the Maritime Emissions Reduction National Action Plan, or MERNAP for short.

    The MERNAP will outline how we aim to support Australia’s national emissions reduction targets, contribute to the global decarbonisation of shipping, and future-proof the Australian maritime sector to avoid costly and disruptive transitions later.

    It will ensure an equitable transition, particularly for the maritime workforce, and it will safeguard jobs and skills for the future.

    Our vision is that by 2050, Australia will fully leverage the global maritime decarbonisation transition, for the benefit of our ports, vessels, and the broader energy sector.

    Work on the MERNAP began in 2023-24, with an industry consultation process, and the MERNAP Consultative Group has played a vital role in shaping this action plan.

    They engaged with us on topics such as:

    • regulatory challenges and gaps
    • energy sources and technologies
    • skills and training
    • and international partnerships.

    I’d like to thank those stakeholders who were part of the group, and especially Angela Gilham and MIAL for the key role they’ve played in this process. 

    I am now considering the MERNAP, and the timing of its release. 

    Our next step will be to develop an implementation plan to progress the MERNAP’s proposed action items. 

    Our Government will continue to progress reform in the maritime sector. We must. 

    There are so many cross currents reshaping global maritime trade right now, and addressing these requires comprehensive and future-focused action.

    No doubt these issues ― and the opportunities ― facing the sector will be discussed at length in coming days, and I wish you well in these.

    Thank you once again for the invitation to speak this morning. 

    I look forward to working with all industry stakeholders in our government’s second term. 

    MIL OSI News –

    June 27, 2025
  • MIL-OSI Australia: Councils to receive $1.7 billion in funding early

    Source: Commonwealth Director of Public Prosecutions

    The Albanese Government is bringing forward over $1.7 billion in untied financial assistance to ensure councils nationwide have funds ready to deliver essential local services which benefit every community.

    This represents 50 per cent of the Financial Assistant Grant allocations for 2025-26, and will be paid before 30 June to flow onto councils as soon as possible – ensuring shovel-ready projects and essential services continue seamlessly. 

    This early payment of untied funding is welcome news for all councils, and particularly critical for those facing cash flow pressures or recovering from recent extreme weather, ensuring they can continue to deliver for their communities.

    Over the last 40 years the Australian Government has invested over $70 billion in local government through the Financial Assistance Grant Program alone – a partnership as longstanding as it is substantial. 

    Importantly, providing this funding in an untied manner allows local governments to be flexible and allocate it to the community’s priorities as they see fit. 

    Local governments nationwide are further supported through other programs such as the Local Roads and Community Infrastructure Program, the Roads to Recovery Program and the Growing Regions Program.

    Quotes attributable to Infrastructure, Transport, Regional Development and Local Government Minister Catherine King:

    “The Australian Government strives to be a reliable and responsive partner to local governments all around our country. 

    “That’s why we’re bringing forward this funding to support each and every council.

    “By providing this financial assistance early, we’re providing certainty to councils that they can deliver on the priorities that matter most to their communities.”

    Quotes attributable to Regional Development, Local Government and Territories Minister Kristy McBain:

    “The Albanese Government remains committed to supporting local governments to ensure communities are receiving essential services, in particular when they are recovering from extreme weather.

    “Local governments are the beating heart of Australia. In all seasons and weather, they make sure local services continue so Australians can enjoy a better quality of life. 

    “This funding will ensure they can get on with the jobs they do best, without any unnecessary delays.”

    MIL OSI News –

    June 27, 2025
  • MIL-OSI Australia: Press conference, Bauple

    Source: NGARKAT HIGHWAY, NGARKAT (Grass Fire)

    CATHERINE KING MINISTER FOR INFRASTRUCTURE, TRANSPORT, REGIONAL DEVELOPMENT AND LOCAL GOVERNMENT: Well, good, okay, thanks, everybody. I’m Catherine King. I’m the Federal Minister for Infrastructure and Transport, and I’m delighted to be here, joined today by my Queensland counterpart, Brent Mickelberg. 

    We’ve been working very closely together since the election of the Queensland Crisafulli Government to make sure we honour the commitment that Prime Minister Albanese and I, and the Treasurer made just down the road from here in Gympie back in January this year, that we’re going to fix the Bruce Highway.

    Our $7.2 billion commitment now also contributed to by the Queensland Government, bringing it up to a $9 billion Bruce Highway safety package. And we’re delighted to be here today in Bauple with the early works package well and truly underway.

    What we’re trying to do with this package is to improve, particularly the widening of the road, intersections, so improving behind us, right hand and left hand turning lanes, making sure that we can get this road as safe as we possibly can.

    We know on the Bruce Highway, this is unfinished business for both levels of government, where we want to make sure that we see a reduction in road deaths on this highway.

    It was a tragedy that last year we saw over 42 people die along the Bruce Highway.

    This is affecting communities right the way along the highway, families who have not had loved ones at their Christmas table, communities that are affected every time this happens, emergency service workers as well. 

    So, this $9 billion package is really starting to get underway.

    Announced in January, we announced the $9 billion.

    Back in March, I think it was, we announced the fairly first tranche was out for tender, and here we are with construction well and truly underway.

    I want to particularly acknowledge the Queensland minister, Brent, for the work that he’s done, but also TMR, I know that many of the people who are working on this road live locally, live in this community, so they are building safety for not just their families, but generations of families to come, I’ll hand over to the state minister.

    QUEENSLAND MINISTER FOR TRANSPORT AND MAIN ROADS BRENT MICKELBERG: Thank you very much.

    Brett Mickelberg, Minister for Transport and Main Roads. 

    Well, it’s tremendous to be here today with the Federal Minister, showcasing the work that is happening here on the Bruce Highway. 

    We’re really, really pleased that we’re able to get work underway to make the Bruce Highway better and safer.

    And these works here at Bauple are just one of 16 projects up and down the Bruce Highway part of the $200 million early works package.

    I’ve got another $100 million of work going underway in relation to designing future stages of work here on the Bruce Highway.

    And we simply cannot accept that the spine of Queensland the Bruce Highway can be dangerous.

    As the minister said, 42 people lost their lives on the Bruce Highway last year.

    We won’t accept that.

    As the Queensland Government, I know the federal government have the same view as well, and our communities expect us to deliver a safe and resilient Bruce Highway, and that’s exactly what we are focused on doing. Hand in hand with the federal government, we’re really pleased that the federal government have listened to our call for 80:20 funding and the $7.2 billion commitment from the federal government, along with the $1.8 billion commitment from the Queensland Government, will make a meaningful difference to making the Bruce Highway safer. 

    Over 60% of Queensland has used the Bruce Highway every single year, and I know Queenslanders understand how important this road is, both to our economy but also to our communities, and I want to reassure people that the Queensland Government understand that as well.

    We’re focused with getting on with the job.

    All of the money in this $9 billion package will be spent north of Gympie.

    All of it will be spent upgrading safety and capacity on the Bruce Highway.

    And I think it’s also important to note that this is just one part of our commitment to the Bruce Highway.

    We’re also doing additional work, both in relation to the disaster recovery works after recent disaster impacts, but also building capacity up and down the Bruce Highway on those important areas that simply can’t cope with the volume of traffic on the Bruce Highway.

    So it’s a really pleasing day to be able to stand here with the federal minister getting on with the job of building a better Bruce Highway, happy to take any questions.

    JOURNALIST: So there’s aspects of widening the lane, but is there actually possibilities to double lane majority of the Bruce Highway?

    BRENT MICKELBERG: So this package is about upgrading safety on the Bruce Highway, so things like wide centre line treatment, overtaking lanes, rest areas, intersection upgrades, pavement strengthening, those areas of the highway that are simply unsafe to drive on because the pavement is not up to the required standard.

    That’s what this work will deliver.

    While we’re doing that, we’re always mindful of ensuring that wherever we build these upgrades, they’re going to be able to future proof as well.

    So, in areas where, for example, we might be able to build overtaking lanes off the existing line of traffic to then potentially down the track be duplicated, that’s also areas that the work that is going on within the Bruce Highway upgrade program office to ensure that whatever we do through this massive program effort lasts for the long term as well. 

    JOURNALIST: How are you determining these areas of the Bruce Highway [indistinct]

    BRENT MICKELBERG:  Sorry, yeah, great question.

    So, one of the commitments we made before the last state election was to re-establish the Bruce Highway Advisory Council.

    We’ve had two meetings of the Bruce Highway Advisory Council already, and I’m really pleased the federal minister attended the last meeting I attended and chaired it as well.

    We’ve had involvement with the federal government at each of those meetings that we’ve had.

    So on the Bruce Highway Advisory Council, we have industry representatives, people like the Queensland Trucking Association, the RACQ local government representation through the Local Government Association of Queensland.

    But perhaps even more importantly, we have local representatives from each of the regions that the Bruce Highway passes through, and we’ve used that body to talk about how we can make the Bruce better. 

    So, it’s not just about building a better Bruce, it’s also about how we can manage the highway better.

    And at our last meeting in Rockhampton, we worked through what are the current issues on the Bruce Highway, and how can we best allocate this money to get the best bang for our buck in building a better Bruce.

    We literally went through from north to south and looked at each of the different sections of the Bruce Highway.

    What are the issues, what are the priorities?

    And off the back of that input, the Bruce Highway upgrade program office within my department, have then worked up a package of works.

    Now this initial work that we’ve got on with already is projects that had already been advanced and were ready to go.

    We just didn’t have funding for so we’re able to pull the trigger on them quite quickly.

    The next package of works are things where we’ve had to do the design work and we’re going to get on with the job in relation to fixing those projects as well.

    What we want to see is a rolling package of works over coming years, where local contractors in particular, can deliver a lot of this work.

    So, a lot of work has been done in relation to the procurement method to ensure that, rather than give all of this money to one big contractor, we can ensure that local involvement is a big part of this program as well.

    And we think that’s a really important contributor to our regional economies, but also important message to our communities, as the Minister spoke about, many of the people working on these projects live in these communities, and they understand the challenges, and it’s great to see upgrades which will benefit not just the regional communities, but all Queenslanders who use the Bruce Highway so frequently.

    JOURNALIST: And just here locally, these works that are underway now, is there a rough timeline as to when they’ll be complete? 

    BRENT MICKELBERG: Look, there’s about another 12 months of work here at this particular site.

    I think it’s really important to know, and it was remiss me not to say we have tragically lost lives on this section of the Bruce Highway.

    So, these upgrades will make the Bruce Highway safer, and we want to see a reduction.

    We want to see zero lives lost on the Bruce Highway.

    That’s ultimately the goal.

    But look, there will be inconvenience to motorists as we do these works.

    I want to acknowledge that inconvenience, but I just ask motorists to be patient with us as we work to build a better Bruce Highway.

    JOURNALIST: [indistinct]

    BRENT MICKELBERG: Yeah, look, I was really pleased to be able to meet with the Tiaro community a couple of months ago now, with John Barounis and the federal member here as well to listen to their concerns in relation to the current highway through Tiaro, it’s well acknowledged that it doesn’t have the capacity and there have been significant safety issues.

    And every peak period of the year, whether it’s Christmas or Easter or the school holidays.

    Tiaro is a well known bottleneck, and hence why the Tiaro bypass is so necessary.

    It’ll also build flood immunity as well into this section of the Bruce Highway.

    So, we committed, as part of our 2032 delivery plan to delivering the Tiaro Bypass.

    We expect to go to procurement, early stage procurement in early 2026 and we will be working with the federal government in relation to the environmental approvals and future stages for that project.

    But I want to make it really, really clear, we’re committed to delivering the Tiaro Bypass.

    We know how important it is to build capacity into this part of the Bruce Highway and also to deliver those safety upgrades. It’s not tenable to have heavy vehicles such as those we see passing behind us going through school zones and areas like Tiaro.

    You’ve got a pedestrian crossing there, every time someone wants to use it, it creates a traffic jam.

    That’s what the Tiaro Bypass will fix, and we’re focused with getting on with the job of delivering those important upgrades. 

    JOURNALIST: And the notorious Walker Street intersection [indistinct] what was the process of that?

    Because originally there was a roundabout.

    What’s the update? 

    BRENT MICKELBERG: Yeah.

    Look, we’ve, I think I’ve gone to Walker Street about four times since I became the minister.

    Look, the reason it’s such a focal point is tragically, they’ve been lives lost there in recent years, and we’re focused on delivering upgrades to the Walker Street intersection.

    It is unsafe as it sits right now, and what do those upgrades look like?

    Well, that works currently underway.

    That design work is underway.

    What I want to see is a solution that will ensure that we don’t have a repeat of multiple lives lost at that intersection, as has happened a couple of years ago.

    It’s something that John Barounis, our local state MP, has been campaigning for very strongly, both before the election, and one of the reasons I’ve been there four times since the election is because John is incredibly passionate to deliver this for his community.

    We know it’s a genuine safety risk, and we know it is also an important upgrade that will support the Maryborough community. 

    And we will come back to the community once we have those finalised designs on what it looks like. 

    JOURNALIST: So, the 60 kilometre is kind of a temporary fix at the moment? 

    BRENT MICKELBERG: Yeah, look, obviously we make we change speed limits to mitigate risk wherever it’s deemed necessary.

    And having lost lives there at that particular intersection in recent times, those decisions have been made with the with the recommender on the recommendations of a road safety experts and engineers. 

    What I want to see in the long term is a solution that makes that section of road safer, and not just mitigations that reduce the risk right now. 

    JOURNALIST: Are you able to take questions on something else? 

    BRENT MICKELBERG: Yeah, okay, or if you’ve got anything else on this? Yep, what else have you got for me? 

    JOURNALIST: Your response to the CFMEU protests entering their second day?

    BRENT MICKELBERG: Well, I think Queenslanders have had enough of the CFMEU and their bullying and thuggery, and that was recognised with the decision of the High Court two days ago.

    The CFMEU need to get on with the job of building the infrastructure that we need here in Queensland. Queenslanders are not going to tolerate the intimidation and the approach taken by the CFMEU over recent days.

    The Queensland Government are not going to tolerate that behaviour.

    It’s one of the reasons that we removed the CFMEU tax, the BPIC CFMEU tax in November, and we have also removed and reintroduced 24 hour right to entry provisions so they cannot be using those disruptive and bullying tactics on job sites.

    I will not stand by and watch CFMEU thugs intimidate workers who are just trying to get on with their job, and I will not stand by and watch CFMEU thugs disrupting our commuters in Brisbane.

    This is nothing more than a dummy spit by the CFMEU because the court ruled correctly that their conduct was unacceptable, and my message to the CFMEU is, get back on with the job.

    JOURNALIST: And how much does each day of this lost work actually cost?

    BRENT MICKELBERG: Well, we know there’s a massive program of works required here in Queensland already underway, big jobs, but also smaller jobs as well.

    And there is a real cost to the disruptive and bullying behaviour by the CFMEU.

    If I look at the Centenary Bridge upgrade, a large project on the western side of Brisbane, the actions of the CFMEU.

    And I’m not going to quantify it in terms of dollars, but it is multiple millions of dollars that the CFMEU have added to the cost of that project.

    We have had to hire additional security because workers were unsafe and not thought they were unsafe.

    They were unsafe.

    We have had workers threatened by CFMEU on that job site.

    I want to make it really clear, the majority of our construction workers just want to get on with the job and deliver the infrastructure that we need here in Queensland.

    It is that small minority of CFMEU thugs who are deliberately trying to destroy productivity here in Queensland and across Australia, and we won’t stand for it.

    JOURNALIST: So, you said just that one project is millions of dollars.

    How about all those other projects across the state?

    A rough figure at all?

    BRENT MICKELBERG: Well, as I said, I’m not going to put a dollar figure on it, but you can see through the delays that have occurred under the former government and what we’re dealing with now, the cost is in the many millions of dollars due to the CFMEU’s conduct.

    And it is their business model.

    Let’s be very clear, they rely on disrupting job sites in order to be able to get the outcomes that they seek.

    Now, I have no problem with unions who want to conduct themselves and advocate for their members in accordance with the law.

    Unions are an important stakeholder in Queensland’s industrial relations environment, but the CFMEU.

    And I will single out the CFMEU, the conduct of the CFMEU relies on bullying and thuggery, and we will not accept that here in Queensland. 

    JOURNALIST: Do you think anyone will actually feel sympathy towards these workers or just [indistinct]

    BRENT MICKELBERG: Well, I suspect anyone sitting in traffic just trying to get to work today in Brisbane or across Queensland will only feel resentment towards the CFMEU for their conduct, and let’s be clear, they did it yesterday.

    They tried to make their point yesterday.

    They’re going to do it again today, and no doubt, they’ll continue with this campaign of trying to disrupt and cause fear in our community.

    We’ve seen instances where people have been assaulted on job sites by CFMEU thugs in recent months here in Queensland, we won’t stand by and let this continue.

    It’s why we took action quickly upon forming government, and we’ll continue to ensure that our job sites are safe and that the community are able to go about their business, getting to work, getting on with the job, just as they should be able to.

    And if the CFMEU are genuinely committed to trying to build the things that we need here in Queensland, the message is just get on with the job.

    Get back on the tools. Get on with the job, and Queenslanders will recognise that as it sits right now, I think all they’re doing is driving people away from their course. 

    JOURNALIST: [indistinct]

    BRENT MICKELBERG: Look, we have an ongoing conversation with the federal government in relation to the priorities that we are delivering through the program of works here in Queensland.

    As I made it clear on Tuesday when I spoke about the format that QTRIP will be reported in, we are making some changes in order to drive better value for money for the taxpayer, and we’re working collaboratively with the federal government to deliver projects here in Queensland, but we also deliver a lot of projects that are not federally funded as well.

    And ultimately, my job as the Minister for Transport and Main Roads, is to ensure that we deliver on those priorities, those commitments we took to the Queensland public before the last election, things like the Bruce Highway upgrade program, the Olympics infrastructure required to deliver a successful games in 2032 in relation to the transport projects, that’s my focus, and we’ve been very clear with Queenslanders that that will require us to make some hard decisions in relation to potentially delaying projects that we might have otherwise done.

    But I want to make it really clear there will be no cuts in QTRIP next week.

    What we need to do is manage a program.

    We commissioned an independent reviewer, Rodd Staples to give us advice on the best way to deliver the significant program of works here in Queensland.

    QTRIP next week will be the largest QTRIP Queensland’s ever seen.

    So that that is without doubt, and it will only grow in coming years, as well as we need to build more as we approach 2032 we’ve made some commitments in relation to the Bruce Highway here.

    We’ve said that this work will be done, and we want it done as soon as possible, but that, but if everything is a priority, nothing is a priority, and my job as the Minister of Transport and Main Roads is to manage all of those works, ensuring that we address the critical concerns and those commitments we made, and we’ll be open and transparent with Queenslanders as we do that.

    JOURNALIST: For the project, should there be details [indistinct]?

    BRENT MICKELBERG: Well, in relation to I take you referring to the changes we’ve made in QTRIP?

    So what we’ve one of the recommendations we received was that we needed to drive better competition, better competitive tension in the pre-tendering stage, or in the tendering stage.

    Once a contract is awarded, we’re going to publish that number, and Queenslanders will be able to see that in black and white on QTRIP.

    But what we don’t want to do is signal to contractors that we’re prepared to pay a certain amount.

    No one goes and to a builder and says, Hey, I’ve got $500,000 to build new house.

    What can you build for me?

    You say, I’d like a four bedroom house with two bathrooms.

    What’s the cost?

    And that’s what we’ve been doing today.

    We’ve been saying, Hey, I’ve got $500,000 to build a new house.

    What can you build for me?

    That’s not where we need to be.

    And the advice that we received from Rodd Staples was the that was that this would introduce better competitive tension.

    We’re still going to be signalling to the market that this is the kind of job that they’ll be able to compete for, that this sits within the price bracket of jobs and capability that they’re capable of bidding on, and we’re still going to be engaging with industry face to face as we as we have done over recent months as well.

    So this is just one part of trying to restore value for money for the taxpayer, respecting taxpayer, respecting taxpayer dollars.

    And my job, we made some really clear commitments around being open and transparent.

    I’ll be publishing the contracted amount for these projects.

    You’ll see it next week in QTRIP.

    But what I’m not going to do is destroy value for money for the taxpayer by signalling to the market beforehand that we’re prepared to pay more than they might otherwise be able to build some of these jobs for. 

    JOURNALIST: For e-scooters, RACQ has made a submission to the state’s e-mobility safety inquiry, calling on the government to urgently address safety concerns.

    What’s your response to this submission? 

    BRENT MICKELBERG: Well, I welcome RACQ’s submission to the e-mobility inquiry.

    The reason we established the inquiry is it’s very clear there’s considerable community concern, whether it’s e-bikes or e-scooters or other e-mobility devices.

    Community concern in Queensland is justified.

    Tragically, eight people lost their lives using these devices on Queensland footpaths and roads last year, and we’ve seen a considerable increase in the number of people being injured as well, over 100% increase between 2021 and 2024 so we had to do something different.

    This inquiry is about listening to the voices of the community.

    RACQ are a really important stakeholder when it comes to the use of these devices, and obviously, road safety matters, and I welcome their submission, but so too, and I’d encourage those, albeit submissions close today, but I would encourage people to make a submission to the inquiry, whether it is the family who’s concerned about what it might mean for their children getting to and from school, or medical experts who have had to deal with the fall out of injuries and potentially fatalities as a consequence of e-mobility devices.

    Anyone who has an opinion in relation to this matter should make a submission to the e-mobility inquiry.

    We will also, after those submissions have been received, be doing public hearings up and down the Queensland coast and across Queensland to ensure that people have an opportunity to have their say.

    We’ll listen to those recommendations of the committee and we’ll act on them when we receive them, and I think that’s what Queenslanders expect. 

    JOURNALIST: I just have one more question, yeah, on the secret polling.

    So over half a million dollars to spend on behalf of research [indistinct].

    Why did the government spend more than half a million dollars on secret polling [indistinct]? 

    BRENT MICKELBERG: Look, I think it’s really important that we are listening to the voices of Queenslanders, and part of that is doing quantitative research and qualitative research.

    Another part is things like the parliamentary inquiry in relation to e-mobility I just mentioned.

    So, we will use whatever tools are available to us to listen to the voices of Queenslanders and then act on them.

    This is one tool, but it’s only one part of the way that Queensland Government listen to the community and then act on their concerns, 

    JOURNALIST: [indistinct] pushing the Labor party [indistinct] to release their results to the market research.

    Do you think that the Crisafulli government should do the same? 

    BRENT MICKELBERG: Well, we made it very clear that we intend to be open and transparent with Queenslanders.

    The premier has made that very clear to me as the Minister for Transport and Main Roads, that wherever possible, we should be releasing information, and we’re committed to do that.

    JOURNALIST: Would you be able to provide a response on those CFMEU [indistinct]

    CATHERINE KING: Yeah, well, certainly, you know, we were very pleased, and you would have seen Amanda Rishworth, the Industrial Relations Minister.

    We’ve welcomed the High Court decision, which has upheld the legislative basis on which the Commonwealth has moved to put the CFMEU into administration.

    We have no tolerance for illegal activity within the union movement, and certainly not on any of our building sites.

    I understand that people are not happy about that decision, but that is the decision of the High Court, and it allows now the administrator to get on with their job with surety, because we want people to have safe workplaces.

    We want people to come into the construction industry.

    We want to grow the industry.

    We want it to be a place where people get decent pay and conditions, but we don’t want it to be a hotbed for illegal activity, for bullying or behaviour that we have seen, and what has caused the CFMEU to be put into administration in the first place.

    So, my message really clearly, is that, you know, construction workers want jobs.

    They want safe, secure jobs.

    They want to go home to their families.

    They don’t want to see the sort of activity we saw from the CFMEU that put it into administration in the first place.

    And protesting the decision of a high court?

    Well, that’s a decision for the people who are protesting, but I don’t think that it’s particularly helpful in getting the building industry back into actually being an industry that is a safe, secure and great place for people to work.

    JOURNALIST: What funding will the federal government provide for transport and infrastructure [indistinct]  

    CATHERINE KING: Well, we are already providing $27 billion of infrastructure here in Queensland, more than any other state in the country.

    And then, in addition to that, our $3.4 billion package of games infrastructure is being delivered as well.

    On transport infrastructure, of that $27 billion there’s $12 billion already going into transport infrastructure.

    We don’t have a budget until next year.

    States and territories across the country continue to put their transport bids to us, and we’ll work with state governments on that, but we’re already doing a lot here in Queensland. 

    JOURNALIST: I just have some questions from Canberra.

    Is the government happy with how the social media age range trial is working? 

    CATHERINE KING: Well, obviously, we’ve seen reports today around the social media trial that will now go to the E-Safety Commissioner for her to have a look at we do think, as you’ve heard us say, you know, this is a really important commitment that we have made, to really clean up the safety of social media for particularly young people and our teenagers.

    And that work is continuing, but the trial work, the results of that will now go to the E-Safety Commissioner, and we’ll have more to say once she’s had a look at it.

    JOURNALIST: After that trial has been complete, is it still the same plan to have that implemented by December?

    CATHERINE KING: Certainly, that’s my understanding from the Minister, but you’d need to direct that question directly to Minister Wells the Minister for Communication.

    JOURNALIST: And now we discuss some questions about Rex. 

    CATHERINE KING: Yep.

    JOURNALIST: How close do you think we are to finding a successful [indistinct] Rex?

    CATHERINE KING: Well, we know that it’s progressing really positively in terms of the administration.

    They have narrowed the bidders in terms of the commercial bidders for Rex, but they have asked the federal court for some additional time to get that work finalised.

    That will be a matter for the federal court, in order to make sure that that actually occurs, we’ll await the decision of the federal court, but it has been, as I understand it, from the administrators, progressing positively. 

    JOURNALIST: And if we take that kind of turn, how close is the government to taking over and maybe even bailing it out?

    CATHERINE KING: Well, as we’ve said, really clearly, we’re in a voluntary administration process at the moment.

    What we have said, you know, it’s unusual for a government to engage itself in an administration of what is a private company, but we know how important Rex is to regional aviation.

    In some areas, it is the only airline that actually flies in to a community, and so we have stepped in to assist in the administration to get an outcome.

    Our preference has always been for a commercial outcome, and that’s what the administration is aimed to.

    But we have clearly said, if that is not able to be delivered, we will then step in, but we’re still in the process of the voluntary administration and seeking a commercial outcome at the moment.

    JOURNALIST: And what do you expect Rex 2.0 to look like?

    CATHERINE KING: Well, I want to see it continue to fly into the regions.

    I’d like to see at some point it expand its services.

    But at the moment, we’re in the decision making process of a voluntary administration to keep Rex going, but what the Commonwealth has been at pains to do is ensure that we provided a guarantee to Rex passengers, that they could continue looking with surety to continue to get those services.

    And I’m incredibly grateful to the many loyal Rex customers who continue to use the airline, continue to book with surety, because that has allowed the possibility of a commercial opportunity for Rex to continue, and we’re really pleased to have been able to provide that continue to give my message that that guarantee is in place.

    Continue to book with surety as we work our way through the administration process.

    JOURNALIST: And do you see issues arising with the airline’s aging fleet and Saab aircraft?

    Quite a few have been out of service for a while? 

    CATHERINE KING: Yeah, well, obviously that is one of the issues that any potential bidder has had to consider.

    I think the aging fleet, you know, Saabs are aging everywhere, so that is certainly one of the issues that any potential bidder has had to put into place, about what does fleet extension and fleet renewal – what does that look like? And that’s really been an important part, I know of the administrators assessing each of the bids as they’ve come forward.

    ENDS

    MIL OSI News –

    June 27, 2025
  • MIL-OSI: Hyperscale Data Subsidiary Bitnile.com Now Accepting All Verified Solana-Based $SOL Tokens, Including Meme Coins

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, June 27, 2025 (GLOBE NEWSWIRE) — Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced that its indirect wholly owned subsidiary Bitnile.com, Inc. (“Bitnile”) has begun accepting all verified Solana-based tokens as a payment method on its sweepstakes-based social-casino platform Bitnile.com. These include recently trending coins such as $BONK, $TRUMP, and many others on the Solana network. Bitnile reserves the right to not accept specific coins dependent on certain factors such as verification, liquidity and other factors.

    Key Highlights

    • Full support for all verified Solana-based tokens: Any verified token issued under the Solana Program Library standard.
    • Wallet integration for Solana users.
    • Fast, low-fee transactions through the Solana network.
    • Real-time compatibility with trending coins such as $BONK, $TRUMP, Jupiter, Raydium and more.

    The Solana ecosystem continues to expand as new projects are regularly launched across multiple verticals such as decentralized finance, non-fungible tokens, decentralized applications, gaming, and enterprise tools. By embracing this diversity, Bitnile positions itself to capture a wider user base by providing additional onboarding options.

    “Solana is one of the most powerful and vibrant ecosystems within the cryptocurrency world today,” stated Joe Spaziano, Chief Executive Officer of Bitnile. “By opening Bitnile up to every verified Solana-based token, we’re giving users the freedom to bring their communities with them while playing on the Bitnile.com platform. A goal of the team is to make Bitnile.com a highly inclusive and flexible social-casino platform, with opportunities for a large user base to enjoy the platform.”

    For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.

    About Hyperscale Data, Inc.

    Through its wholly owned subsidiary Sentinum, Inc., Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging artificial intelligence (“AI”) ecosystems and other industries. Hyperscale Data’s other wholly owned subsidiary, ACG, is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.

    Hyperscale Data hopes to divest itself of ACG on or about December 31, 2025 (the “Divestiture”). Upon the occurrence of the Divestiture, the Company would solely be an owner and operator of data centers to support HPC services, though it may at that time continue to operate in the digital asset space as described in the Company’s filings with the SEC. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

    On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the “Series F Preferred Stock”) to all common stockholders and holders of the Series C Convertible Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the “ACG Shares”). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be stockholders of ACG upon the occurrence of the Divestiture.

    Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

    Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at hyperscaledata.com.

    Hyperscale Data Investor Contact:
    IR@hyperscaledata.com or 1-888-753-2235

    The MIL Network –

    June 27, 2025
  • MIL-OSI: Hyperscale Data Subsidiary Bitnile.com Now Accepting All Verified Solana-Based $SOL Tokens, Including Meme Coins

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, June 27, 2025 (GLOBE NEWSWIRE) — Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data” or the “Company”), today announced that its indirect wholly owned subsidiary Bitnile.com, Inc. (“Bitnile”) has begun accepting all verified Solana-based tokens as a payment method on its sweepstakes-based social-casino platform Bitnile.com. These include recently trending coins such as $BONK, $TRUMP, and many others on the Solana network. Bitnile reserves the right to not accept specific coins dependent on certain factors such as verification, liquidity and other factors.

    Key Highlights

    • Full support for all verified Solana-based tokens: Any verified token issued under the Solana Program Library standard.
    • Wallet integration for Solana users.
    • Fast, low-fee transactions through the Solana network.
    • Real-time compatibility with trending coins such as $BONK, $TRUMP, Jupiter, Raydium and more.

    The Solana ecosystem continues to expand as new projects are regularly launched across multiple verticals such as decentralized finance, non-fungible tokens, decentralized applications, gaming, and enterprise tools. By embracing this diversity, Bitnile positions itself to capture a wider user base by providing additional onboarding options.

    “Solana is one of the most powerful and vibrant ecosystems within the cryptocurrency world today,” stated Joe Spaziano, Chief Executive Officer of Bitnile. “By opening Bitnile up to every verified Solana-based token, we’re giving users the freedom to bring their communities with them while playing on the Bitnile.com platform. A goal of the team is to make Bitnile.com a highly inclusive and flexible social-casino platform, with opportunities for a large user base to enjoy the platform.”

    For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.

    About Hyperscale Data, Inc.

    Through its wholly owned subsidiary Sentinum, Inc., Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging artificial intelligence (“AI”) ecosystems and other industries. Hyperscale Data’s other wholly owned subsidiary, ACG, is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.

    Hyperscale Data hopes to divest itself of ACG on or about December 31, 2025 (the “Divestiture”). Upon the occurrence of the Divestiture, the Company would solely be an owner and operator of data centers to support HPC services, though it may at that time continue to operate in the digital asset space as described in the Company’s filings with the SEC. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, social gaming platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

    On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the “Series F Preferred Stock”) to all common stockholders and holders of the Series C Convertible Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the “ACG Shares”). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be stockholders of ACG upon the occurrence of the Divestiture.

    Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

    Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at hyperscaledata.com.

    Hyperscale Data Investor Contact:
    IR@hyperscaledata.com or 1-888-753-2235

    The MIL Network –

    June 27, 2025
  • India’s electricity use may hit 4 trillion units in a decade: report

    Source: Government of India

    Source: Government of India (4)

    India’s electricity demand is projected to triple to a staggering 4 trillion units (TWh) by 2035, driven by industrial expansion, urbanisation, and the electrification of transport, according to a report released on Friday by OmniScience Capital.

    By 2035, three transformative sectors—electric vehicles (EVs), data centres (DCs), and railways—are expected to be among the largest consumers of electricity, collectively consuming around 500 TWh, or 12–13 per cent of India’s total projected power demand.

    This marks a pivotal shift in the country’s energy landscape, where traditional industrial and residential consumption is now being complemented by these emerging drivers.

    The report underscores the importance of India’s energy transition for a sustainable future. Policy initiatives such as the Net Zero target, the 500 GW renewable energy goal, EV adoption, and the rooftop solar push are playing a critical role in driving this transformation.

    India’s per capita electricity consumption is expected to nearly double—from 1,400 kWh in 2024 to 2,575 kWh by 2035—driven by rapid economic growth, urbanisation, and rising household incomes.

    “India’s electricity demand reaching four trillion units by 2035 is a signal of the country’s accelerating industrial growth, digital transformation, and rising quality of life,” said Ashwini Shami, Executive Vice President at OmniScience Capital. “This trend unlocks significant investment potential in energy infrastructure, renewable energy, and modernising the grid.”

    As more people migrate to cities and adopt energy-intensive appliances, and as industries expand under initiatives like Make in India, electricity consumption is set to increase significantly. The push for digital infrastructure, EVs, and rural electrification is expected to further drive this growth.

    The report also notes that the transition to cleaner and more accessible energy sources will make electricity more affordable and widely available, leading to increased consumption across all sectors.

    India’s commercial and service sectors are emerging as major engines of electricity demand. From 181 TWh in 2023, consumption in these segments is projected to rise to 798 TWh by 2035, marking a 4.4x increase and a compound annual growth rate (CAGR) of 13.2 per cent—the second-fastest among all sectors. This would raise their share to nearly 20 per cent of total electricity usage, reflecting India’s rapid shift toward a service-led, digitally connected economy.

    The transport sector—comprising EVs and railways—is projected to become the fastest-growing consumer of electricity, with usage expected to surge from 25 TWh in 2022 to 162 TWh by 2035, representing a CAGR of 16.8 per cent. The main drivers include accelerated EV adoption, the expansion of charging infrastructure, and railway electrification, the report added.

    —IANS

    June 27, 2025
  • India’s electricity use may hit 4 trillion units in a decade: report

    Source: Government of India

    Source: Government of India (4)

    India’s electricity demand is projected to triple to a staggering 4 trillion units (TWh) by 2035, driven by industrial expansion, urbanisation, and the electrification of transport, according to a report released on Friday by OmniScience Capital.

    By 2035, three transformative sectors—electric vehicles (EVs), data centres (DCs), and railways—are expected to be among the largest consumers of electricity, collectively consuming around 500 TWh, or 12–13 per cent of India’s total projected power demand.

    This marks a pivotal shift in the country’s energy landscape, where traditional industrial and residential consumption is now being complemented by these emerging drivers.

    The report underscores the importance of India’s energy transition for a sustainable future. Policy initiatives such as the Net Zero target, the 500 GW renewable energy goal, EV adoption, and the rooftop solar push are playing a critical role in driving this transformation.

    India’s per capita electricity consumption is expected to nearly double—from 1,400 kWh in 2024 to 2,575 kWh by 2035—driven by rapid economic growth, urbanisation, and rising household incomes.

    “India’s electricity demand reaching four trillion units by 2035 is a signal of the country’s accelerating industrial growth, digital transformation, and rising quality of life,” said Ashwini Shami, Executive Vice President at OmniScience Capital. “This trend unlocks significant investment potential in energy infrastructure, renewable energy, and modernising the grid.”

    As more people migrate to cities and adopt energy-intensive appliances, and as industries expand under initiatives like Make in India, electricity consumption is set to increase significantly. The push for digital infrastructure, EVs, and rural electrification is expected to further drive this growth.

    The report also notes that the transition to cleaner and more accessible energy sources will make electricity more affordable and widely available, leading to increased consumption across all sectors.

    India’s commercial and service sectors are emerging as major engines of electricity demand. From 181 TWh in 2023, consumption in these segments is projected to rise to 798 TWh by 2035, marking a 4.4x increase and a compound annual growth rate (CAGR) of 13.2 per cent—the second-fastest among all sectors. This would raise their share to nearly 20 per cent of total electricity usage, reflecting India’s rapid shift toward a service-led, digitally connected economy.

    The transport sector—comprising EVs and railways—is projected to become the fastest-growing consumer of electricity, with usage expected to surge from 25 TWh in 2022 to 162 TWh by 2035, representing a CAGR of 16.8 per cent. The main drivers include accelerated EV adoption, the expansion of charging infrastructure, and railway electrification, the report added.

    —IANS

    June 27, 2025
  • India’s electricity use may hit 4 trillion units in a decade: report

    Source: Government of India

    Source: Government of India (4)

    India’s electricity demand is projected to triple to a staggering 4 trillion units (TWh) by 2035, driven by industrial expansion, urbanisation, and the electrification of transport, according to a report released on Friday by OmniScience Capital.

    By 2035, three transformative sectors—electric vehicles (EVs), data centres (DCs), and railways—are expected to be among the largest consumers of electricity, collectively consuming around 500 TWh, or 12–13 per cent of India’s total projected power demand.

    This marks a pivotal shift in the country’s energy landscape, where traditional industrial and residential consumption is now being complemented by these emerging drivers.

    The report underscores the importance of India’s energy transition for a sustainable future. Policy initiatives such as the Net Zero target, the 500 GW renewable energy goal, EV adoption, and the rooftop solar push are playing a critical role in driving this transformation.

    India’s per capita electricity consumption is expected to nearly double—from 1,400 kWh in 2024 to 2,575 kWh by 2035—driven by rapid economic growth, urbanisation, and rising household incomes.

    “India’s electricity demand reaching four trillion units by 2035 is a signal of the country’s accelerating industrial growth, digital transformation, and rising quality of life,” said Ashwini Shami, Executive Vice President at OmniScience Capital. “This trend unlocks significant investment potential in energy infrastructure, renewable energy, and modernising the grid.”

    As more people migrate to cities and adopt energy-intensive appliances, and as industries expand under initiatives like Make in India, electricity consumption is set to increase significantly. The push for digital infrastructure, EVs, and rural electrification is expected to further drive this growth.

    The report also notes that the transition to cleaner and more accessible energy sources will make electricity more affordable and widely available, leading to increased consumption across all sectors.

    India’s commercial and service sectors are emerging as major engines of electricity demand. From 181 TWh in 2023, consumption in these segments is projected to rise to 798 TWh by 2035, marking a 4.4x increase and a compound annual growth rate (CAGR) of 13.2 per cent—the second-fastest among all sectors. This would raise their share to nearly 20 per cent of total electricity usage, reflecting India’s rapid shift toward a service-led, digitally connected economy.

    The transport sector—comprising EVs and railways—is projected to become the fastest-growing consumer of electricity, with usage expected to surge from 25 TWh in 2022 to 162 TWh by 2035, representing a CAGR of 16.8 per cent. The main drivers include accelerated EV adoption, the expansion of charging infrastructure, and railway electrification, the report added.

    —IANS

    June 27, 2025
  • MIL-OSI Africa: “West Africa has the potential to sustainably transform its food systems,” says Ms. Bintia Stephen-Tchicaya, Acting Food and Agriculture Organization (FAO) Subregional Coordinator for West Africa


    Download logo

    The 2025 Regional Report on Food and Nutrition Security in the Sahel and West Africa, reveals that nearly 52 million people in the region are affected by food insecurity. In an interview with the African Press Agency (APA news), Ms. Bintia Stephen-Tchicaya, Acting Subregional Coordinator of the FAO Office for West Africa said that despite the alarming figures reported, “the region has all it takes to sustainably transform its food systems,” said.

    Recently appointed to head the office overseeing 15 West African country programs, she focuses on innovation, resilience, and inclusion to address the structural and cyclical challenges facing West African agriculture.

    During the interview, Ms. Tchicaya presented the priorities of her mandate. She outlined her vision and ambition for the subregion to “build more inclusive, sustainable, competitive, and nutrition-sensitive food systems, based on the “Four Betters” strategy promoted by the FAO: better production, better nutrition, a better environment, and a better life.”

    She also emphasized that despite the combined effects of conflict, climate change, and economic volatility, viable solutions can be found. These include participatory approaches such as Farmer Field Schools (FFS), support for nutrition-sensitive agricultural policies, and the implementation of green hubs as part of the Great Green Wall initiative. “In Senegal, for example, we contributed to updating the agro-sylvo-pastoral orientation law, which now includes the fisheries sector, food systems and the climate change dimension,” she explained.

    “On the operational front, FAO has developed participatory approaches such as Farmer Field Schools and Dimitra clubs, which after years of implementation, have proven effective in driving behavior change and strong community engagement. These approaches are now being scaled up by the government and civil society organizations”, she said, adding “On the environmental front, the FAO supports the Senegalese government in implementing the Reforestation Agency and the Great Green Wall program, a bold initiative aiming to establish seventy resilient green hubs across arid and semi-arid areas between 2023 and 2032.”

    Faced with the decline in traditional funding, Ms. Stephen-Tchicaya calls for increased and diversified resource mobilization, focusing on: “Public-Private Partnerships, a multi-donor approach, climate and green financing, strengthened engagement with non-traditional donors (emerging countries, philanthropic foundations, regional financial institutions), increased inter-agency cooperation, community and civil society involvement, as well as South-South and triangular cooperation.”

    Ms. Stephen-Tchicaya also emphasized FAO’s strategic role in strengthening early warning systems, supporting agricultural governance, and using digital technologies and artificial intelligence to increase productivity, improve livestock traceability, and combat livestock theft, a phenomenon that is on the rise in the region.

    “FAO actively contributes to surveillance and early warning, particularly in the area of ​​food security, through its participation in the regional system for the prevention and management of food crises (PREGEC), coordinated by the CILSS. FAO also has tools such as the Global Information and Early Warning System (GIEWS), which enables precise monitoring of the agricultural season and provides harvest forecasts. FAO will continue this support while investing more in disaster risk prevention and reduction, particularly through anticipatory actions implemented before crises worsen. FAO’s true added value in the region lies in this connection between early warning and rapid response.”

    Furthermore, Ms. Tchicaya emphasized the importance of digital solutions for securing pastoral livelihoods: “We are convinced that the digitalization of the livestock sector constitutes an innovative and essential solution to protect pastoralists in the face of this unprecedented phenomenon in West Africa,” she argued.

    In her closing remarks, Ms. Tchicaya issued a strong call for collective mobilization. “We must act together—governments, technical and financial partners, the private sector, and civil society—to build resilient and sustainable food systems that meet the aspirations of West African populations,” she pleaded.

    Distributed by APO Group on behalf of Food and Agriculture Organization of the United Nations (FAO): Regional Office for Africa.

    MIL OSI Africa –

    June 27, 2025
  • MIL-OSI Analysis: Poland, divided between Trump and the EU

    Source: The Conversation – France – By Jacques Rupnik, Directeur de recherche émérite, Centre de recherches internationales (CERI), Sciences Po

    Karol Nawrocki in the Oval Office with Donald Trump on May 25th 2025, ten days before the first round of the Polish presidential election. It is very rare for a sitting US president to receive a candidate in a foreign election.
    White House X account

    Nawrocki’s narrow victory (50.89%) over Trzaskowski, the mayor of Warsaw and candidate of the government coalition, illustrates and reinforces the political polarisation of Poland and the rise of the populist “Trumpist” right in Central and Eastern Europe. Since the start of the war in Ukraine, there has been much speculation about whether Europe’s geopolitical centre of gravity is shifting eastwards. The Polish election seems to confirm that the political centre of gravity is shifting to the right.

    A narrow victory

    We are witnessing a relative erosion of the duopoly of the two major parties, Civic Platform (PO) and Law and Justice (PiS), whose leaders – the current Prime Minister, Donald Tusk, and Jarosław Kaczyński respectively – have dominated the political landscape for over twenty years.

    Kaczyński’s skill lay in propelling a candidate with no responsibilities in his party, who was little known to the general public a few months ago, and, above all, who is from a different generation, to the presidency (a position held since 2015 by a PiS man, Andrzej Duda). Nawrocki, a historian by training and director of the Polish Institute of National Remembrance, has helped shape PiS’s memory policy. He won the second round, despite his troubled past as a hooligan, by appealing to voters on the right.

    In the first round, he won 29.5% of the vote, compared to Trzaskowski’s 31.36%, but the two far-right candidates, Sławomir Mentzen (an ultra-nationalist and economic libertarian) and Grzegorz Braun (a monarchist, avowed reactionary, and anti-Semite), won a total of 21% of the vote. They attracted a young electorate (60% of 18–29-year-olds), who overwhelmingly transferred their votes to Nawrocki in the second round.



    A weekly email in English featuring expertise from scholars and researchers. It provides an introduction to the diversity of research coming out of the continent and considers some of the key issues facing European countries. Get the newsletter!


    Despite a high turnout of 71% and favourable votes from the Polish diaspora (63%), Trzaskowski was unable to secure enough votes from the first-round candidates linked to the governing coalition, including those on the left (who won 10% between them) and the centre-right (Szymon Hołownia’s Third Way movement, which won 5% in the first round).

    A Tusk government struggling to implement its programme

    There are two Polands facing each other: the big cities, where incomes and levels of education are higher, and the more rural small towns, which are more conservative on social issues and more closely linked to the Catholic Church.
    The themes of nationhood – Nawrocki’s campaign slogan was “Poland first, Poles first” – family, and traditional values continue to resonate strongly with an electorate that has been loyal to PiS for more than twenty years. The electoral map, which shows a clear north-west/south-east divide, is similar to those of previous presidential elections and even echoes the partition of Poland at the end of the eighteenth century. The PiS vote is strongest in the part of the country that was under Russian rule until 1918. A more traditional Catholicism in these less developed regions, coupled with a strong sense of national identity, partly explains these historical factors.

    The economic explanation for the vote is unconvincing. Over the past 25 years, Poland has undergone tremendous transformation, driven by steady economic growth. GDP per capita has risen from 25% to 80% of the EU average, although this growth has been unevenly distributed. Nevertheless, a relatively generous welfare state has been preserved.

    Clearly, however, this growth, driven by investment from Western Europe (primarily Germany) and European structural funds (3% of GDP), does not provide a sufficient electoral base for a liberal, centrist, pro-European government.

    It is precisely the government’s performance that may hold the key to Trzaskowski’s failure. Having come to power at the end of 2023 with a reformist agenda, Donald Tusk’s government has only been able to implement part of its programme, and it is difficult to be the candidate of an unpopular government. Conversely, the governing coalition has been weakened by the failure of its candidate.

    The main reason for the stalling of reforms is the presidential deadlock. Although the president has limited powers, he countersigns laws and overriding his veto requires a three fifth majority in parliament, which the governing coalition lacks.

    The president also plays a role in foreign policy by representing the country, and above all by appointing judges, particularly to the Supreme Court. This has hindered the judicial reforms expected after eight years of PiS rule. It is mainly in this area that Duda has obstructed progress. The election of Nawrocki, who is known for his combative nature, suggests that the period of cohabitation will be turbulent.

    What are the main international implications of Nawrocki’s election?

    Donald Tusk is now more popular in Europe than in Poland; in this respect, we can speak of a “Gorbachev syndrome”. In Central Europe, the Visegrad Group (comprising Hungary, Poland, the Czech Republic, and Slovakia) is deeply divided by the war in Ukraine, but it could find common ground around a populist sovereignty led by Hungary’s Viktor Orbán. Orbán was the first to congratulate Nawrocki on his victory, followed by his Slovak neighbour Robert Fico. The Czech Republic could also see a leader from this movement come to power if Andrej Babiš wins the parliamentary elections this autumn. Nawrocki would fit right into this picture.

    Since Donald Tusk returned to power, particularly during Poland’s EU presidency, which ends on 30 June, the focus has been on Poland’s “return” to the heart of the European process. Against the backdrop of the war in Ukraine and Poland’s pivotal role in coordinating a European response, the Weimar Group (comprising Paris, Berlin, and Warsaw) has emerged as a key player. Three converging factors have made this possible: the French president’s firm stance toward Russia; the new German chancellor, Friedrich Merz, breaking a few taboos on defence and budgetary discipline; and Donald Tusk, the former president of the European Council, regaining a place at the heart of the EU that his predecessors had abandoned. A framework for a strategic Europe was taking shape.

    However, President Nawrocki, and the PiS more generally, are taking a different approach to the EU: they are positioning themselves as Eurosceptic opponents defending sovereignty. They are playing on anti-German sentiment by demanding reparations 80 years after the end of the Second World War and asserting Poland’s sovereignty in the face of a “Germany-dominated Europe”. The Weimar Triangle, recently strengthened by the bilateral treaty between France and Poland signed on 9 May 2025, could be weakened on the Polish–German flank.

    As a historian and former director of the Second World War Museum in Gdansk and the Institute of National Remembrance, Nawrocki is well placed to exploit this historical resentment. He has formulated a nationalist memory policy centred on a discourse of victimhood, portraying Poland as perpetually under attack from its historic enemies, Russia and Germany.

    While there is a broad consensus in Poland regarding the Russian threat, opinions differ regarding the government’s desire to separate the traumas of the past, particularly those of the last war, from the challenges of European integration today.

    Memory issues also play a prominent role in relations with Ukraine. There is total consensus on the need to provide military support to Ukraine, under attack: this is obvious in Poland, given its history and geography – defending Ukraine is inseparable from Polish security. However, both Nawrocki and Trzaskowski have touched upon the idea that Ukraine should apologise for the crimes committed by Ukrainian nationalists during the last war, starting with the massacre of more than 100,000 Poles in Volyn (Volhynia), north-western Ukraine) by Stepan Bandera’s troops.

    Alongside memory policy, Nawrocki and the PiS are calling for the abolition of the 800 zloty (190 euros) monthly allowance paid to Ukrainian refugees. Poland had more than one million Ukrainian workers prior to the war, and more than two million additional workers have arrived since it started, although around one million have since relocated to other countries, primarily Germany and the Czech Republic.

    Prior to the second round of the presidential election, Nawrocki readily signed the eight demands of the far-right candidate Sławomir Mentzen, which included ruling out Ukraine’s future NATO membership. Playing on anti-Ukrainian (and anti-German) sentiment, alongside Euroscepticism and sovereignty, is one of the essential elements of the new president’s nationalist discourse.

    A Central and Eastern European Trumpism?

    Certain themes of the Polish election converge with a trend present throughout Central and Eastern Europe. We saw this at work in the Romanian presidential election, where the unsuccessful far-right nationalist candidate, George Simion, came to Warsaw to support Nawrocki, just as the winner, the pro-European centrist Nicușor Dan, lent his support to Trzaskowski. Nawrocki’s success reinforces an emerging “Trumpist” movement in Eastern Europe, with Viktor Orbán in Budapest seeing himself as its self-proclaimed leader. A year ago, Orbán coined the slogan “Over there (in the United States), it’s MAGA; here, it will be MEGA: Make Europe Great Again”. The “Patriots for Europe” group, launched by Orbán last year, is intended to unify this movement within the European Parliament.

    American conservative networks, through the Conservative Political Action Conference (CPAC), a gathering of international hard-right figures, and the Trump administration are directly involved in this process. Shortly before the presidential election, Nawrocki travelled to Washington to arrange a photo opportunity with Trump in the Oval Office.

    Most notably, two days before the election, Kristi Noem, the US Secretary of Homeland Security, was dispatched on a mission to Poland. Speaking at the CPAC conference in Rzeszów, she explicitly linked a vote for Nawrocki to US security guarantees for Poland:

    “If you (elect) a leader that will work with President Donald J. Trump, the Polish people will have a strong ally that will ensure that you will be able to fight off enemies that do not share your values. […] You will have strong borders and protect your communities and keep them safe, and ensure that your citizens are respected every single day. […] You will continue to have a U.S. presence here, a military presence. And you will have equipment that is American-made, that is high quality.”

    “Fort Trump”, that is how the outgoing President Andrzej Duda named the US military base financed by Poland after a bilateral agreement was signed with Donald Trump during his first term in office, in 2018. Similarly, the US House Committee on Foreign Affairs sent a letter to the President of the European Commission accusing her of applying “double standards”, pointing out that EU funds had been blocked when the PiS was in power, and claiming that European money had been used to influence the outcome of the Polish presidential election in favour of Trzaskowski. The letter was posted online on the State Department website. Prioritising the transatlantic link at the expense of strengthening Europe was one of the issues at stake in the Warsaw presidential election.

    CPAC is playing a significant role in building a Trumpist national-populist network based on rejecting the “liberal hegemony” established in the post-1989 era, regaining sovereignty from the EU, and defending conservative values against a “decadent” Europe. Beyond the Polish presidential election, the goal seems clear: to divide Europeans and weaken them at a time when the transatlantic relationship is being redefined.

    Jacques Rupnik ne travaille pas, ne conseille pas, ne possède pas de parts, ne reçoit pas de fonds d’une organisation qui pourrait tirer profit de cet article, et n’a déclaré aucune autre affiliation que son organisme de recherche.

    – ref. Poland, divided between Trump and the EU – https://theconversation.com/poland-divided-between-trump-and-the-eu-260007

    MIL OSI Analysis –

    June 27, 2025
←Previous Page
1 … 271 272 273 274 275 … 1,544
Next Page→
NewzIntel.com

NewzIntel.com

MIL Open Source Intelligence

  • Blog
  • About
  • FAQs
  • Authors
  • Events
  • Shop
  • Patterns
  • Themes

Twenty Twenty-Five

Designed with WordPress