NewzIntel.com

Category: Economy

  • MIL-OSI: Silvercrest Asset Management (SAMG) to Announce Second Quarter 2025 Results and Host Investor Conference Call

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 25, 2025 (GLOBE NEWSWIRE) — Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) announced today it will host a teleconference at 8:30 am Eastern Time on August 1, 2025, to discuss the company’s financial results for the second quarter ended June 30, 2025. A news release containing the results will be issued before the open of the U.S. equity markets and will be available on http://ir.silvercrestgroup.com/.

    Chairman, Chief Executive Officer and President Richard R. Hough III and Chief Financial Officer Scott A. Gerard will review the quarterly results during the call. Immediately after the prepared remarks, there will be a question and answer session for analysts and institutional investors.

    Analysts, institutional investors and the general public may listen to the call by dialing 1-844-836-8743 or for international callers please dial 1-412-317-5723. A live, listen-only webcast will also be available via the investor relations section of www.silvercrestgroup.com. An archived replay of the call will be available after the completion of the live call on the Investor Relations page of the Silvercrest website at http://ir.silvercrestgroup.com/.

    About Silvercrest
    Silvercrest was founded in April 2002 as an independent, employee-owned registered investment adviser. With offices in New York, Boston, Virginia, New Jersey, California and Wisconsin, Silvercrest provides traditional and alternative investment advisory and family office services to wealthy families and select institutional investors. As of March 31, 2025, the firm reported assets under management of $35.3 billion.

    Contact: Richard Hough
    212-649-0601
    rhough@silvercrestgroup.com

    The MIL Network –

  • MIL-OSI USA: Pfluger, Lee Introduce Legislation to Reverse Biden-Era LNG Regulation

    Source: United States House of Representatives – Congressman August Pfluger (TX-11)

    WASHINGTON, DC — As first reported in The Daily Caller, Congressman August Pfluger (TX-11) and Congresswoman Laurel Lee (FL-15) introduced legislation to reverse a misguided Biden-era regulation on American LNG Exports. The Cutting LNG Bunkering Red Tape Act codifies a Trump-era Department of Energy (DOE) order clarifying that ship-to-ship transfers of liquefied natural gas (LNG) used as marine fuel—commonly known as LNG bunkering—are not considered exports under Section 3 of the Natural Gas Act unless conducted in foreign waters.

    “LNG exports unequivocally benefit our economy, domestic prices, national security, and partners and allies around the world that want our product. Unfortunately, the Biden Administration spent four years imposing one regulation after another on these exports, stifling the energy industry,” said Rep. Pfluger. “This legislation permanently reverses one of these misguided policies to ensure American LNG can compete on the global stage by removing regulatory uncertainty and streamlining its use as a cleaner, more efficient fuel source for maritime transportation. I am proud to lead this legislation with my good friend from Florida, Representative Laurel Lee.”

    “The Biden Administration’s harmful energy policies have created unnecessary regulatory burdens that stall innovation and weaken American energy leadership,” said Rep. Lee. “Liquefied natural gas is a more efficient, cleaner, and cost-effective energy source. My bill ensures that LNG bunkering is not hindered by red tape, so that ports in Florida and across the nation can continue to expand, drive job creation, and compete globally.”

    Read the full text of this legislation here.

    Background:

    ·     In December 2024, the Biden Administration issued a DOE order that asserted new oversight for LNG bunkering—transfers between ships in U.S. ports—subjecting it to burdensome federal regulations and requiring a public interest determination under the Natural Gas Act.

    ·     This policy disrupted domestic LNG markets and created unnecessary red tape for companies investing in LNG infrastructure and fuel options.

    ·     The Trump Administration later reversed the Biden-era interpretation, clarifying that LNG bunkering is not an export unless it occurs in foreign waters.

    ·     This bill codifies this Trump-era decision, ensuring long-term regulatory certainty and allowing the U.S. LNG market to continue growing without additional federal barriers.

    MIL OSI USA News –

  • MIL-OSI Africa: International Monetary Fund (IMF) Executive Board Concludes 2025 Article IV Consultation with Equatorial Guinea and IMF Management Approves the First and Second Reviews Under the Staff Monitored Program for Equatorial Guinea

    Source: APO


    .

    • The Executive Board of the International Monetary Fund (IMF) concluded today the 2025 Article IV consultation with Equatorial Guinea. IMF Management approved in June the combined first and second reviews under the Staff Monitored Program (SMP) and a 12 month SMP extension.
    • Equatorial Guinea registered a mild economic recovery in 2024, but the economy is projected to grow weakly and a drain on regional reserves is expected to continue in the medium term as hydrocarbon production declines. The banking sector is showing clear signs of improvement.
    • Performance under the program has been strong, with significant reforms implemented and a substantial fiscal adjustment that met the SMP conditionality. However, contrary to longstanding commitments, the authorities decided not to publish asset declarations of public officials. The program extension will provide the authorities with an opportunity to complete an alternative governance reform measure aimed at strengthening transparency in the extractive sector.

    The Executive Board of the International Monetary Fund (IMF) completed the Article IV Consultation for Equatorial Guinea.[1] IMF Management approved the completion of the first and second reviews and a 12-month extension of the Staff Monitored Program (SMP) for Equatorial Guinea on June 25, 2025. The authorities have consented to the publication of the Staff Report prepared for this consultation.[2]

    Equatorial Guinea registered a mild economic recovery in 2024, growing by 0.9 percent following a strong contraction in 2023. However, non-hydrocarbon GDP growth slowed in 2024 to 1.3 percent, and the economy is expected to grow only modestly in the medium term as hydrocarbon production declines. Inflationary pressures have persisted, with inflation increasing from 2.5 percent in 2023 to 3.4 percent in 2024.

    The banking sector showed clear signs of improvement in 2024 but remains undercapitalized. The average capital adequacy ratio of the system is marginally below the regulatory minimum, but substantially higher than at the end of 2022.

    The authorities’ substantial fiscal adjustment in 2024 improved the non-hydrocarbon primary balance from -22.3 percent of non-hydrocarbon GDP in 2023 to -17.0 percent in 2024. Public debt decreased from 39.1 percent to 36.4 percent of GDP. Equatorial Guinea’s contribution to foreign reserves at the regional central bank remained negative in 2024, following a reserve loss in 2023. The authorities planned further fiscal adjustment will aim to keep public debt below 50 percent of GDP despite the projected decline in hydrocarbon revenues and restore external balance in the medium term.

    The authorities have implemented substantial reforms over the past year in the context of the SMP. The significant fiscal adjustment in 2024 helped initiate stabilization of the public debt dynamics and restoration of external balance. They enacted a new tax law that broadens the tax base, prepared a plan to phase out fuel subsidies, began making payments under a new arrears clearance strategy and reformed the customs administration. The authorities took concrete steps toward restoring the health of the financial sector. In an effort to improve governance and transparency, they also developed an AML/CFT strategy and published contracts in the extractive sector and an audit of spending following the accidental explosions in Bata in 2021.

    The authorities’ policies have allowed them to meet almost all of the SMP’s quantitative conditionality as well as complete actions related to most of their structural reform program commitments in the areas of governance, financial sector development and structural fiscal policy. The authorities missed two structural benchmarks following their decision not to publish the asset declarations of public officials. The 12-month SMP extension will afford the authorities the opportunity to complete an alternative governance reform measure – the publication of an extractive industry transparency report in line with EITI standards – while continuing to implement their broader reform agenda.

    Executive Board Assessment[3]

    Executive Directors agreed with the thrust of the staff appraisal. Directors welcomed the authorities’ progress on their reform agenda under the Staff‑Monitored Program, noting its 12‑month extension. They stressed, however, that the macroeconomic environment remains challenging, particularly because of the continued decline in hydrocarbon production that is placing sustained pressure on fiscal and external balances. Directors urged steadfast reform implementation going forward, particularly to address long‑standing and serious governance challenges, which would help economic diversification and lay the foundation for private sector‑led, sustainable, and inclusive growth.

    Directors welcomed the authorities’ decision to anchor public debt to preserve debt sustainability and restore external balance. They emphasized that this will require a gradual and sustained fiscal adjustment in the face of declining hydrocarbon revenues. Directors welcomed the commitment to achieving the 2025 budget and stressed the need for continued efforts to mobilize domestic non‑hydrocarbon revenues and strengthen fiscal institutions. Improving public financial management remains essential. Directors called for ambitious social spending reform to improve social outcomes and boost human capital development. They stressed the importance of approving the social protection law to enable the building of comprehensive social safety nets.

    Directors commended the progress made toward restoring the health of the financial sector—including the completion of the audit of the systemic public bank and the creation of an arrears clearance strategy—but noted that vulnerabilities remain. Directors highlighted the importance of obtaining approval from the regional banking supervisor for the arrears clearance plan, further strengthening private banks’ balance sheets, and implementing the financial inclusion strategy.

    Directors urged the authorities to redouble their efforts to substantially improve transparency and governance. They regretted the authorities’ decision to step back from the long‑standing commitment to publish asset declarations of public officials, and many Directors urged the authorities to reconsider this option. Directors considered that the publication of an annual report on financial flows in the extractive sector could help demonstrate the authorities’ commitment to address their governance deficit. They recommended further governance reforms to address issues highlighted in the 2019 governance diagnostic, including implementing the AML/CFT strategy. A predictable and transparent business environment with reliable and efficient application of laws is needed to create a level playing field that would attract domestic and foreign investment.

    It is expected that the next Article IV consultation with Equatorial Guinea will be held on the standard 12‑month cycle.

    Table 1. Equatorial Guinea: Selected Economic and Financial Indicators, 2024–26

    Estimates

    Projections

    2024

    2025

    2026

    (Annual percentage change, unless otherwise specified)

    Production, prices, and money

    Real GDP

    0.9

    -1.6

    0.5

    Hydrocarbon GDP1

    0.4

    -6.4

    -2.6

    Non-hydrocarbon GDP

    1.3

    2.3

    2.8

    GDP deflator

    2.5

    3.0

    1.0

    Consumer prices (annual average)

    3.4

    2.9

    2.9

    Consumer prices (end of period)

    3.4

    2.9

    3.5

    Monetary and exchange rate

    Broad money

    2.6

    2.7

    2.9

    Nominal effective exchange rate (- = depreciation)

           …

    …

    …

    External sector

    Exports, f.o.b.

    -7.1

    1.6

    -8.7

    Hydrocarbon exports

    -8.4

    1.7

    -10.2

    Non-hydrocarbon exports

    2.6

    1.8

    1.0

    Imports, f.o.b.

    -8.9

    2.2

    -1.9

    Government finance

    Revenue

    -14.3

    0.7

    -5.0

    Expenditure

    -0.7

    4.9

    -1.3

    (Percent of GDP, unless otherwise specified)

    Government finance

    Revenue

    17.9

    17.8

    16.7

    Hydrocarbon revenue

    14.5

    14.3

    13.0

    Non-hydrocarbon revenue

    3.4

    3.5

    3.7

    Expenditure

    18.5

    19.1

    18.6

    Overall fiscal balance (Commitment basis)

    -0.6

    -1.3

    -1.9

    Overall fiscal balance (Cash basis)

    -1.0

    -2.0

    -2.6

    Non-hydrocarbon primary balance2

    -11.7

    -12.6

    -12.3

    Non-hydrocarbon primary balance (as percent of non-hydrocarbon GDP)

    -17.0

    -17.4

    -16.4

    Change in domestic arrears

    -0.3

    -0.7

    -0.7

    External sector

    Current account balance (including official transfers; – = deficit)

    -3.2

    -3.3

    -4.5

    Imputed Foreign Reserves (net), US$billion

    0.4

    0.4

    0.2

    Debt

    Total public debt

    36.4

    37.0

    38.4

    Domestic debt

    28.7

    28.0

    27.9

    External debt

    7.8

    9.0

    10.5

    External debt service-to-exports ratio (percent)

    6.2

    5.7

    6.2

    External debt service/government revenue (percent)

    7.9

    7.4

    7.7

    Memorandum items

    Oil price (U.S. dollars a barrel)3

    79.9

    67.7

    63.3

    Nominal GDP (billions of CFA francs)

    7,740

    7,846

    7,959

    Nominal GDP (millions of US dollars)

    12,769

    12,881

    13,138

    Hydrocarbon GDP (billions of CFA francs)

    2,401

    2,193

    1,971

    Non-hydrocarbon GDP (billions of CFA francs)

    5,340

    5,653

    5,987

    Government deposits (in percent of GDP)

    17.7

    17.5

    17.2

    Oil volume (crude and condensado, millions of barrels)

    29.1

    26.8

    25.1

    Gas volume4 (millions of bbls oil equivalent)

    51.8

    49.2

    49.5

    Total Hydrocarbon Volume (in millions of barrels of oil equivalent)

    81.0

    76.0

    74.7

    Exchange rate (average; CFA francs/U.S. dollar)

    606.2

    …

    …

    Sources: Data provided by the Equatoguinean authorities; and staff estimates and projections.

    1 Including oil, LNG, LPG, butane, propane, and methanol.

    2 Excluding hydrocarbon revenues, hydrocarbon expenditures, and interest earned and paid.

    3 The reference price for crude oil is the Brent.

    4 Includes LNG, propane, butane and methanol.

    [1] Under Article IV of the IMF’s Articles of Agreement, the IMF holds bilateral discussions with members, usually every year. A staff team visits the country, collects economic and financial information, and discusses with officials the country’s economic developments and policies. On return to headquarters, the staff prepares a report, which forms the basis for discussion by the Executive Board.

    [2] Under the IMF’s Articles of Agreement, publication of documents that pertain to member countries is voluntary and requires the member consent. The staff report will be shortly published on the www.imf.org/Countries/GNQ page.

    [3] At the conclusion of the discussion, the Managing Director, as Chair of the Board, summarizes the views of Executive Directors, and this summary is transmitted to the country’s authorities. An explanation of any qualifiers used in summings up can be found here: http://www.IMF.org/external/np/sec/misc/qualifiers.htm.

    Distributed by APO Group on behalf of International Monetary Fund (IMF).

    MIL OSI Africa –

  • MIL-OSI Africa: European Peace Facility: Council adopts first assistance measure in support of the Djibouti Armed Forces

    Source: APO


    .

    Today the Council adopted an assistance measure under the European Peace Facility (EPF) in support of the Djibouti Armed Forces.

    This first measure benefitting Djibouti is worth €10 million and aims to strengthen the defence capacities of the Djibouti Armed Forces to safeguard the sovereignty and rights of Djibouti in accordance with the United Nation Convention Law of the Sea and to strengthen maritime security in the Red Sea. 

    The assistance measure is expected to enhance the Djiboutian Navy’s operational readiness by contributing to:

    • the development and maintenance of assets to deliver full operational capabilities over the long term
    • increased maritime domain awareness
    • enhanced presence at sea

    Today’s decision is in line with the EU’s objective to provide an integrated and coherent response to the increased insecurity in the Red Sea and secure EU interests at this critical maritime chokepoint.

    In this regard, EPF support will strengthen Djibouti’s potential with respect to maritime domain awareness, complementing EU Common Security and Defence Policy operations in the Red Sea.

    Background and next steps

    The European Peace Facility was established in March 2021 for the financing of actions under the common foreign and security policy to prevent conflicts, preserve peace and strengthen international security and stability. In particular, the European Peace Facility allows the EU to finance actions designed to strengthen the capacities of third States and regional and international organisations relating to military and defence matters.

    Distributed by APO Group on behalf of Council of the European Union.

    MIL OSI Africa –

  • MIL-OSI Canada: Canada, B.C. strengthen support for farmers dealing with unexpected losses

    Source: Government of Canada News (2)

    July 25, 2025 – Victoria, British Columbia – Agriculture and Agri-Food Canada

    The governments of Canada and B.C. are making changes to the AgriStability program to provide more financial support to B.C. farmers, following a virtual meeting of the federal, provincial and territorial ministers of agriculture. 

    Effective Friday, July 25, 2025, there are several enhancements for the 2025 AgriStability program year, including:  

    • increasing the compensation rate from 80% to 90%, meaning producers will receive 90 cents for every dollar of eligible income decline
    • doubling the compensation cap from $3 million to $6 million to offer more equitable protection for larger farms and ranches
    • advancing interest-free payments to farmers for up to 75% of their anticipated final claim 

    B.C. farmers have until Thursday, July 31, 2025, to enrol in AgriStability for the 2025 program year. 

    These changes respond to international trade concerns and will help many B.C. farmers who are enrolled in the AgriStability program and have suffered income losses from occurrences such as extreme weather damage.  

    AgriStability is part of the Sustainable Canadian Agricultural Partnership and helps protect farmers from large drops in income due to things like poor yields, rising costs or market changes.

    MIL OSI Canada News –

  • MIL-OSI Canada: Building stronger communities across rural Alberta

    [. That is why Alberta’s government is providing $114.6 million in grant funding to ensure rural communities have safe and efficient roads, bridges and community airports, as well as modern water and wastewater facilities to support their growing populations.

    The funding will be distributed through the Strategic Transportation Infrastructure Program (STIP), the Alberta Municipal Water/Wastewater Partnership (AMWWP) and Water for Life program. STIP provides grants to small and rural municipalities to maintain and improve local road bridges, community airports and local resource roads. AMWWP and the Water for Life program provide grants to municipalities to assist in the construction of high-priority municipal water supply and treatment facilities, as well as wastewater treatment and disposal facilities.

    “Rural Alberta is the backbone of our province, driving economic growth, feeding the world and strengthening our communities. Our government is investing in the infrastructure rural communities need to grow and thrive, whether it’s reliable roads, modern bridges, safe community airports or water facilities. These are the essentials that support families, attract investment and keep our rural economy moving. Through Budget 2025, we’re proud to partner with municipalities to deliver real, on-the-ground results that build stronger communities and a stronger Alberta.”

    Danielle Smith, Premier

    “Rural communities are vital to Alberta’s success. In Budget 2025, we are making targeted investments through the Strategic Transportation Infrastructure Program and our water grant funding programs to ensure rural communities across the province have effective transportation and water infrastructure to support their continued growth and prosperity.”

    Devin Dreeshen, Minister of Transportation and Economic Corridors

    A total of 51 local road, bridge and community airport projects are receiving funding this year under STIP. They include a $2.6-million grant for reconstruction of Range Road 150 in Newell County, west of Brooks. This road is an important part of the county’s future truck route, providing connectivity for residents and commercial traffic between Highway 1 and Highway 542. STIP grants also include a $2.5-million grant for airfield pavement rehabilitation at the CYLB airport in Lac La Biche County and a $3.6-million grant to support the replacement of the Township Road 352 bridge over the Little Red Deer River, 23 kilometres west of Innisfail.

    Additionally, a $3.5-million grant will support an industrial rail extension project in Coaldale, which will allow local producers to transport southern Alberta-grown and manufactured goods to a global customer base in the agrifood processing sector.

    Funding is being provided for 35 water and wastewater projects this year in small and rural communities across Alberta. Approved projects under the Alberta Municipal Water/Wastewater Partnership include an $8.9 million grant to the City of Brooks to design and build a mechanical membrane bioreactor wastewater treatment plant to replace the lagoon-based system, a $2.4 million grant to the Wabasca Water Treatment Plant that will improve services at the existing facility while the community plans for a new water treatment facility, and a $923,000 grant to the town of Sylvan Lake to drill three new wells and upgrade an existing well to increase its water supply and ensure the community has reliable access to clean drinking water.

    “We’re very pleased to receive this substantial support from the Government of Alberta. The $8.9 million in funding for our new wastewater treatment facility is a critical investment in Brooks’ future. This project will help us meet the needs of a growing population, support economic development and ensure long-term sustainability for our community.”

    John Petrie, mayor, City of Brooks

    Projects funded under the Water for Life program include a $1-million grant to the Bonnyville Regional Services Water Commission to support engineering for Phase 2 of the regional waterline extension from Bonnyville to Glendon, providing clean drinking water to many communities along this route. As well, a $14.8-million grant is being provided to the Darwell Lagoon Commission for the Northeast Lagoon Extension project, which will help ensure long-term capacity, protect local watersheds and support future community growth. Additionally, a $1.6-million grant will allow Mountain View Regional Water Services Commission to connect its regional water supply lines to the new reservoirs in the Towns of Didsbury and Carstairs, supplying water to these communities, including water for use in firefighting.

    “Rural municipalities are the backbone of Alberta’s economy, fuelling industrial growth across our province. The RMA welcomes these targeted investments in roads, bridges and water infrastructure as a vital step to maintaining safe and reliable rural transportation networks, and we look forward to building on this progress to address remaining priorities. A sustained, collaborative partnership between the RMA and the Government of Alberta will ensure a prosperous future not just for rural municipalities, but for all Albertans.”

    Kara Westerlund, president, Rural Municipalities of Alberta

    This funding is included in Budget 2025 and is part of the Alberta government’s commitment to supporting rural and small municipalities in building and maintaining critical local transportation, and water and wastewater infrastructure.

    Budget 2025 is meeting the challenge faced by Alberta with continued investments in education and health, lower taxes for families and a focus on the economy.

    Quick facts

    Strategic Transportation Infrastructure Program (STIP) grants:

    • 51 projects approved for 2025 will receive a total of $41 million in funding under the following STIP components:
      • Local Road Bridge Program – 38 projects receiving $23.8 million in provincial funding.
      • Community Airport Program – Five projects receiving $3.7 million in provincial funding.
      • Local Municipal Initiatives – Four projects receiving $8.6 million in provincial funding.
      • Resource Road Program – Four projects receiving $4.9 million in provincial funding.

    Water grants:

    • The 35 water and wastewater infrastructure projects approved for 2025 will receive $73.6 million:
      • Nine projects will receive about $33.4 million under Water for Life program.
      • 26 projects will receive about $40.2 million through AMWWP.

    Related information

    • Budget 2025
    • Strategic Transportation Infrastructure Program
    • Alberta Municipal Water/Wastewater Partnership
    • Water for Life

    Multimedia

    • Watch the news conference

    MIL OSI Canada News –

  • MIL-OSI: MicroBitcoin (MBC) Now Listed on Coinstore: The Bitcoin 2.0 Revolution for Micro-Payments & Layer-2 Tokenization

    Source: GlobeNewswire (MIL-OSI)

    Singappore, July 25, 2025 (GLOBE NEWSWIRE) — MicroBitcoin (MBC) Now Listed on Coinstore: The Bitcoin 2.0 Revolution for Micro-Payments & Layer-2 Tokenization

     

    MicroBitcoin (MBC) brings back the original vision of decentralized, peer-to-peer money, supercharged with fast payments, CPU-friendly mining, and advanced token creation tools.

    MicroBitcoin (MBC) revives the original vision of decentralized, peer-to-peer money—upgraded with fast transactions, CPU-friendly mining, and powerful token creation tools for real-world use.

    As the financial world evolves, MicroBitcoin is paving the way with its “Bitcoin 2.0” architecture. Now officially listed on Coinstore, MBC delivers a network built for micro-transactions, fairness, and practical decentralization—without compromising Satoshi’s ideals.

    More than just a currency, MicroBitcoin is a permissionless and open system tailored to support communities often excluded from traditional finance.

    Token Overview

    ●  Token name:  MicroBitcoin

    ●  Token symbol: MBC

    ●  Total supply: 81.5 billion

    What are the utilities of $MBC?

    MBC serves as both the fuel and foundation of the MicroBitcoin network, with distinct utility across its Layer-1 and Layer-2 infrastructure:

    Transaction Fees for Token Layer:

    MBC is required to create and issue tokens on the Layer-2 system, ensuring utility and demand within the ecosystem.

    Governance and Protocol Maintenance:

    Used for admin-level transactions like banning/unbanning tokens, updating fee addresses, and managing ecosystem rules.

    Mining Incentives:

    MBC is rewarded to miners securing the network through a CPU-friendly PoW algorithm, reinforcing decentralization.

    Fair Distribution with Decay-Based Rewards:

    Instead of a halving model, MBC uses a smooth block reward decay system that promotes long-term sustainability and fairer distribution.

    Ecosystem Overview

    MicroBitcoin (MBC) is more than a Bitcoin fork—it’s a full ecosystem built for usability, fairness, and innovation:

    Decentralized, CPU-Friendly Mining:

    The Power2B PoW algorithm favors CPUs over ASICs, bringing mining back to everyday users and preserving the “One CPU One VOTE” vision.

    Layer-2 Token Layer:

    Without requiring hard forks, users can:

    –   Create custom tokens (fungible, NFTs, sub-tokens)

    –   Manage ownership with on-chain controls

    –   Use OP_RETURN-based data embedding for decentralized token tracking

    Lightweight, Fast Blockchain:

    –   1-minute block time

    –   300 KB block size

    –   Easier full-node synchronization for global accessibility

    Governance Built-in:

    A protocol-level admin address manages critical Layer-2 actions to ensure security, stability, and adaptability as the ecosystem grows.

    Global Utility Focus:

    Designed for micro-payments and accessible to users in regions with limited financial infrastructure, MBC is purpose-built for inclusion.

    Upcoming Ecosystem Expansions

    Satoshi Nakamoto Meme Token

    Soon to be launched on MBC’s Token Layer, this meme token will creatively honor Bitcoin’s founder while driving community engagement and social buzz within the ecosystem.

    KRW-Based Stablecoin

    A Korean Won-pegged stablecoin is in development to enable real-world crypto payments in the Korean market. This will allow MBC users to transact in familiar fiat value, supporting adoption and practical spending.

    MBC Official Media

    Website | Twitter  | Telegram 

     

    About Coinstore

    Accessibility. Security. Equity.

    As a leading global platform for cryptocurrency and blockchain technology, Coinstore seeks to build an ecosystem that grants everyone access to digital assets and blockchain technology. With over 10 million users worldwide, Coinstore aims to become the preferred cryptocurrency trading platform and digital service provider worldwide.

    Coinstore Social Media

    Twitter | Facebook | Instagram | Youtube | Tiktok | Telegram Announcement | Telegram Events Announcement

     

    The MIL Network –

  • MIL-OSI: MicroBitcoin (MBC) Now Listed on Coinstore: The Bitcoin 2.0 Revolution for Micro-Payments & Layer-2 Tokenization

    Source: GlobeNewswire (MIL-OSI)

    Singappore, July 25, 2025 (GLOBE NEWSWIRE) — MicroBitcoin (MBC) Now Listed on Coinstore: The Bitcoin 2.0 Revolution for Micro-Payments & Layer-2 Tokenization

     

    MicroBitcoin (MBC) brings back the original vision of decentralized, peer-to-peer money, supercharged with fast payments, CPU-friendly mining, and advanced token creation tools.

    MicroBitcoin (MBC) revives the original vision of decentralized, peer-to-peer money—upgraded with fast transactions, CPU-friendly mining, and powerful token creation tools for real-world use.

    As the financial world evolves, MicroBitcoin is paving the way with its “Bitcoin 2.0” architecture. Now officially listed on Coinstore, MBC delivers a network built for micro-transactions, fairness, and practical decentralization—without compromising Satoshi’s ideals.

    More than just a currency, MicroBitcoin is a permissionless and open system tailored to support communities often excluded from traditional finance.

    Token Overview

    ●  Token name:  MicroBitcoin

    ●  Token symbol: MBC

    ●  Total supply: 81.5 billion

    What are the utilities of $MBC?

    MBC serves as both the fuel and foundation of the MicroBitcoin network, with distinct utility across its Layer-1 and Layer-2 infrastructure:

    Transaction Fees for Token Layer:

    MBC is required to create and issue tokens on the Layer-2 system, ensuring utility and demand within the ecosystem.

    Governance and Protocol Maintenance:

    Used for admin-level transactions like banning/unbanning tokens, updating fee addresses, and managing ecosystem rules.

    Mining Incentives:

    MBC is rewarded to miners securing the network through a CPU-friendly PoW algorithm, reinforcing decentralization.

    Fair Distribution with Decay-Based Rewards:

    Instead of a halving model, MBC uses a smooth block reward decay system that promotes long-term sustainability and fairer distribution.

    Ecosystem Overview

    MicroBitcoin (MBC) is more than a Bitcoin fork—it’s a full ecosystem built for usability, fairness, and innovation:

    Decentralized, CPU-Friendly Mining:

    The Power2B PoW algorithm favors CPUs over ASICs, bringing mining back to everyday users and preserving the “One CPU One VOTE” vision.

    Layer-2 Token Layer:

    Without requiring hard forks, users can:

    –   Create custom tokens (fungible, NFTs, sub-tokens)

    –   Manage ownership with on-chain controls

    –   Use OP_RETURN-based data embedding for decentralized token tracking

    Lightweight, Fast Blockchain:

    –   1-minute block time

    –   300 KB block size

    –   Easier full-node synchronization for global accessibility

    Governance Built-in:

    A protocol-level admin address manages critical Layer-2 actions to ensure security, stability, and adaptability as the ecosystem grows.

    Global Utility Focus:

    Designed for micro-payments and accessible to users in regions with limited financial infrastructure, MBC is purpose-built for inclusion.

    Upcoming Ecosystem Expansions

    Satoshi Nakamoto Meme Token

    Soon to be launched on MBC’s Token Layer, this meme token will creatively honor Bitcoin’s founder while driving community engagement and social buzz within the ecosystem.

    KRW-Based Stablecoin

    A Korean Won-pegged stablecoin is in development to enable real-world crypto payments in the Korean market. This will allow MBC users to transact in familiar fiat value, supporting adoption and practical spending.

    MBC Official Media

    Website | Twitter  | Telegram 

     

    About Coinstore

    Accessibility. Security. Equity.

    As a leading global platform for cryptocurrency and blockchain technology, Coinstore seeks to build an ecosystem that grants everyone access to digital assets and blockchain technology. With over 10 million users worldwide, Coinstore aims to become the preferred cryptocurrency trading platform and digital service provider worldwide.

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    The MIL Network –

  • MIL-OSI USA: HARSHBARGER: President Trump is Proving Nay Sayers Wrong AGAIN

    Source: United States House of Representatives – Representative Diana Harshbarger (R-TN)

    WASHINGTON, D.C. – Congresswoman Diana Harshbarger (TN-01) issued the following statement applauding President Donald J. Trump for securing two groundbreaking trade agreements with Indonesia and Japan yesterday: 

    “President Trump just delivered two major trade victories for America. While Democrats have been sowing discord crying about economic disaster, President Trump was doing what he does best, negotiating from strength and putting America first. These deals with Japan and Indonesia are just the beginning of America’s comeback to supercharge our economy and create new jobs. From farmers and cattle producers to auto suppliers and manufacturers, this is the kind of bold, America-first policy that makes a real difference in places like East Tennessee.” – Congresswoman Harshbarger

    BACKGROUND:

    Under these agreements, Indonesia will eliminate 99% of its tariffs on American industrial, tech, and agricultural goods, while Japan is investing $550 billion into the U.S. economy, creating hundreds of thousands of jobs. American-made cars, trucks, rice, beef, critical minerals, and energy will now compete on a level playing field in Indonesia and Japan.

     Tennessee’s First Congressional District is uniquely positioned to benefit from these historic agreements. With a strong base of advanced manufacturing, agricultural production, and exports, the region is now better positioned to reach high-demand markets abroad. Local manufacturers will see new opportunities to export auto parts and precision equipment as barriers come down in Indonesia’s rapidly growing economy.

    At the same time, Northeast Tennessee’s agriculture industry will gain access to tens of millions of new consumers in both Japan and Indonesia thanks to reduced tariffs and expanded agricultural quotas. Japan’s $550 billion investment in the U.S. and Indonesia’s new mineral supply agreements also means long-term growth for Tennessee’s industrial sector and supply chains.

    MIL OSI USA News –

  • PM Modi, Maldivian President Muizzu inaugurate new Defence Ministry building in Male

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi and Maldivian President Mohamed Muizzu on Friday jointly inaugurated the state-of-the-art Ministry of Defence (MoD) building of the Maldives in Male.

    Overlooking the Indian Ocean, the eleven-storey building stands as a symbol of the strong and long-standing defence and security cooperation between the two countries. According to a release from the Prime Minister’s Office (PMO), the MoD building has been constructed with India’s financial assistance and is expected to enhance the capabilities of the Maldives’ defence and law enforcement authorities.

    In a post on X, the Maldivian President’s Office said, “His Excellency President Dr Mohamed Muizzu and His Excellency Shri Narendra Modi, Prime Minister of the Republic of India, inaugurate the Dhoshimeyna Building, the new office premises of the Maldives National Defence Force (MNDF).”

    Prime Minister Modi described the inauguration as another testament to strong India-Maldives cooperation.

    In a post on X, he stated, “President Muizzu and I inaugurated a new building of the Ministry of Defence in Male. This is yet another instance of strong India–Maldives cooperation.”

    Earlier in the day, PM Modi reaffirmed the Maldives’ significance in India’s regional outreach.

    He added, “Held very fruitful discussions with President Muizzu. Maldives is at the core of our ‘Neighbourhood First’ and Mahasagar Vision. Our discussion covered several sectors, notably commercial and cultural linkages. We both agree that the India–Maldives friendship will always be bright and clear. India is honoured to work closely with the Maldives in areas such as housing, connectivity, infrastructure, defence, digital technology, and more. Climate change and renewable energy are also two vital pillars of our bilateral cooperation.”

    In a further gesture of goodwill, PM Modi gifted two Aarogya Maitri Health Cubes to President Muizzu on behalf of the Government of India.

    In a post on X, the President’s Office shared, “His Excellency President Dr Mohamed Muizzu accepts two Aarogya Maitri Health Cubes gifted by His Excellency Shri Narendra Modi, Prime Minister of India, on behalf of the Government of India to the Maldives. The state-of-the-art portable hospitals are equipped with an ICU, operating theatre, laboratory, X-ray, and other emergency medical facilities. Each unit can operate independently for 72 hours and treat up to 200 individuals.”

    Prime Minister Modi is currently on a two-day visit to the Maldives at the invitation of President Muizzu.

    (ANI)

  • MIL-OSI Russia: Financial News: How to Inform Investors About Complex Financial Products

    Translation. Region: Russian Federal

    Source: Central Bank of Russia –

    An important disclaimer is at the bottom of this article.

    Information about such products should be placed in special sections of websites and mobile applications. It will be available to the user after he confirms the status of a qualified investor and becomes familiar with the risks of these instruments.

    The recommendations are aimed at reducing the likelihood of unqualified investors being forced to buy complex financial instruments that could result in losses.

    Let us recall that, according to the law, financial market participants are prohibited from offering a number of complex financial products to unqualified investors.

    Preview photo: Sacred Spark Art / Shutterstock / Fotodom

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

    MIL OSI Russia News –

  • MIL-OSI Russia: Financial news: The Russian market has launched an index of benchmark stock issuers

    Translation. Region: Russian Federal

    Source: Central Bank of Russia –

    An important disclaimer is at the bottom of this article.

    “Companies from the financial and non-financial sectors were among the applicants for inclusion in the Program,” notes Ekaterina Abasheeva, Director of the Bank of Russia’s Corporate Relations Department. “Following the review of applications, several issuers demonstrating the necessary institutional quality were selected. We hope that they will grow into a new generation of blue chips — companies that adhere to high standards of corporate governance and are interested in increasing their investment attractiveness. Together with the Moscow Exchange, we will continue to work on forming a pool of high-quality issuers participating in the Program.”

    The decision to include shares in the index is made by a committee, which includes representatives of the Bank of Russia, Moscow Exchange, and the Analytical Credit Rating Agency. The committee evaluates corporate governance, the level of information transparency of the issuer, and its financial and economic indicators. The status of a participant in the Program must be confirmed at least once a year. Issuers whose shares are included in the first or second level of the Moscow Exchange listing can participate in it.

    Preview photo: Igor Paszkiewicz / Shutterstock / Fotodom

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

    MIL OSI Russia News –

  • MIL-OSI Russia: Financial news: Bank of Russia to supervise installment service operators

    Translation. Region: Russian Federal

    Source: Central Bank of Russia –

    An important disclaimer is at the bottom of this article.

    Laws The State Duma adopted a resolution on requirements for installment service operators and contracts with them.

    Now sellers and installment service operators (intermediaries between the seller and the buyer) will not be able to disguise interest on deferred payments by setting different prices for goods in installments and for cash. The amount of fines that installment service operators can collect from users is also limited.

    In addition, if the citizen’s installment obligations exceed 50 thousand rubles, the service operator will be obliged transfer this information to the credit bureau. This will help banks and microfinance organizations assess the level of a person’s debt burden when applying for a loan or credit. Thus, citizens will be better protected from debt overload and default risks.

    Legislators also gradually limited the maximum period of interest-free installments: from April 1, 2026 – 6 months, from April 1, 2028 – 4 months.

    The changes will come into force on April 1, 2026.

    Preview photo: Reshetnikov_art / Shutterstock / Fotodom

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

    MIL OSI Russia News –

  • MIL-OSI Russia: Financial news: Registration for Finopolis-2025 is open.

    Translation. Region: Russian Federal

    Source: Central Bank of Russia –

    An important disclaimer is at the bottom of this article.

    The Finopolis Forum of Innovative Financial Technologies is 10 years old. This year it will be held from October 8 to 10 at the Sirius federal territory. You can register atwebsite.

    The forum will be attended by the management of the Bank of Russia, representatives of relevant ministries and departments, leading financial and digital fintech companies, as well as opinion leaders in the field of technology. They will discuss trends and vectors of development of financial technologies in various segments of the financial market.

    According to established tradition, an exhibition will open for forum guests, where the latest achievements in the field of innovation will be presented.

    Preview photo: Elizaveta Ageenko / Bold Friday Studio

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

    MIL OSI Russia News –

  • MIL-OSI USA: Pressley, Markey Reintroduce Freedom to Move Act, Legislation to Enact Fare-Free Transit, Close Transit Equity Gap

    Source: United States House of Representatives – Congresswoman Ayanna Pressley (MA-07)

    Bill Builds Upon Successful Pilot Programs in Massachusetts, Supports State and Local Implementation of Fare-Free Public Transit

    Bill Text

    WASHINGTON – Today, Congresswoman Ayanna Pressley (MA-07) and Senator Edward J. Markey (D-MA) announced the reintroduction of the Freedom to Move Act, legislation to support state and local efforts to establish public transportation as a public good through fare-free services. The legislation builds upon successful fare-free pilot programs in Boston and with leadership from Regional Transit Authorities across the Commonwealth. In particular, the Worcester Regional Transit Authority and the Merrimack Valley Transit (MeVa) have among the longest-running and most successful fare-free transit programs in the country.

    “Fare free transit is an economic, racial, and climate justice issue, and it’s high time we invest in public transit as the public good that it is,” said Rep Pressley. “Making our transit infrastructure fare free will help folks access essential resources like jobs, school, child care, the grocery store, and the hospital while reducing greenhouse gas emissions and making our communities more connected. Our bill would build on the success of fare-free pilot programs in Boston and across the Commonwealth by making robust investments to provide safe, high-quality, and fare-free rides for all. I’m grateful to Senator Markey, Mayor Wu, and our transit justice advocates for their ongoing partnership.”

    “All across Massachusetts and the country, more communities are joining the fare free revolution,” said Senator Markey. “By making public transit free, we can alleviate the high burden of transportation costs on working families while building a system that is more accessible and efficient. Free buses and trains also mean less traffic congestion, cleaner air, and a safer work environment for transit workers. That is why I am proud to partner with Congresswoman Pressley to deliver resources that will make our communities more affordable and connected.”

    “Fare-free transit is an investment in the public good and in our economy and communities,” said Mayor Michelle Wu. “Boston’s fare-free bus routes have had the highest ridership of the entire bus system, and we’ve seen improved service from buses being able to load faster at each stop. Most of all, commuters no longer have to ration trips to connect all the pieces of their lives—getting to work and school, or to shop at our local businesses or enjoy a meal, or to access critical healthcare to take care of their families. I’m grateful to Congresswoman Pressley and Senator Markey for their leadership and continued advocacy.”

    Full text of the Freedom to Move Act is available here.

    Low-income families have faced the biggest financial burden by spending nearly 30 percent of their household income on transportation expenses. Traffic congestion has also worsened greenhouse gas emissions and pollution, exacerbating climate change and contributing to health disparities like asthma and lung cancer in marginalized communities.

    Increasing access to free, safe, reliable, and accessible public transit systems will help improve community livability and mobility, increase connectivity to critical services—particularly for low-income workers and families, people of color, students, seniors, and people with disabilities—and address many of our nation’s most severe inequities.

    The Freedom to Move Act would support state and local efforts to promote public transportation as a public good for all by:

    • Establishing a $5 billion competitive grant program per year to support state and local efforts to implement fare-free public transportation systems;
    • Investing in efforts to improve the safety and quality of public transportation services, particularly in low-income and historically underserved communities; and
    • Ensuring grantees use funds to address and close equity gaps in current transit systems.

    Co-sponsors of the Freedom to Move Act include Senator Elizabeth Warren and Representatives Alma Adams, Joyce Beatty, Sanford D. Bishop, Jr., Shontel M. Brown, André Carson, Emanuel Cleaver, James Clyburn, Jasmine Crockett, Danny K. Davis, Cleo Fields, Jonathan Jackson, Henry C. “Hank” Johnson, Jr., Summer L. Lee, LaMonica McIver, Gwen Moore, Eleanor Holmes Norton, Ilhan Omar, Delia Ramirez, Lateefah Simon, Rashida Tlaib, and Nikema Williams.

    Rep. Pressley and Sen. Markey originally introduced the Freedom to Move Act in June 2020. Following the bill’s introduction, Senator Markey, Congresswoman Pressley, and then-Councilor Michelle Wu published an op-ed that discussed the bill and the need to fund public transportation as a public good.

    In July 2020, the House of Representatives passed the Moving Forward Act that included a fare-free pilot program modeled after the two lawmakers Freedom to Move Act.

    In March 2021, Senator Markey and Congresswoman Pressley reintroduced the Freedom to Move Act.

    In August 2021, Rep. Pressley and Senator Markey called on the MBTA to make the entire T fare-free for the duration of the Orange Line’s shutdown.

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Governor Kehoe Announces Four Gubernatorial Appointments

    Source: US State of Missouri

    JULY 25, 2025

    Jefferson City — Today, Governor Mike Kehoe announced three appointments to various boards and one commission.

    Edward C. Clausen, of Centertown, was appointed to the Conservation Commission.

    Mr. Clausen is a partner at Newman, Comley and Ruth P.C., specializing in defending medical malpractice claims. Clausen is an active member of several organizations, including the Conservation Federation of Missouri, the Association of Defense Trial Attorneys, and Sigma Phi Epsilon fraternity. He previously served on the board of directors for the Friends of the Eleven Point River. Clausen earned his Juris Doctor from the University of Missouri School of Law.

    Belinda Farrington, of Saint Charles, was appointed to the Lincoln University Board of Curators.

    Ms. Farrington is currently a human resources leader at Friendly Temple Church in St. Louis. For over 30 years, Farrington has helped establish comprehensive learning and development programs within St. Louis County departments and divisions. She sits on several boards, including Friendly Village Senior Housing, Robert Fulton Development Corporation, and the Lincoln University Alumni Association. Farrington earned her master’s degree in human resources development from Webster University.

    Colonel Mark McCarter, of Wardsville, was reappointed to the Child Abuse and Neglect Review Board.

    Colonel McCarter is a retired U.S. Army veteran and currently works as a consequence management consultant for M2 Solutions. With almost 30 years of military service, McCarter served in several leadership positions, most recently as the director of plans, operations, training, and readiness before retiring from the Missouri National Guard. McCarter volunteers as a Court Appointed Special Advocate (CASA) in Jefferson City and is a member of the Jefferson City Kiwanis Club. McCarter earned a master’s degree in national security from the National War College in Washington, D.C.

    Lyle Rosburg, CPA, of Lohman, was appointed to the Missouri Health Facilities Review Board.

    Mr. Rosburg is the chief financial officer for Williams-Keepers, LLC. He previously served in the same position at Jefferson City Medical Group. Rosburg volunteers for and is an active member of several organizations, including the Mizzou Alumni Association, Jefferson City Host Lions Club, and the Cole County Sheriff’s Department. Rosburg earned a master’s degree in business administration from William Woods University.

    ###

    MIL OSI USA News –

  • MIL-OSI United Nations: Country heat policy review: India

    Source: UNISDR Disaster Risk Reduction

    India has implemented significant governance structures to address extreme heat, with a focus on early warning systems, public health management, and adaptation strategies.

    India’s efforts have resulted in a reduction of heat-related illnesses and mortality, particularly in urban areas, where lower- income populations are especially vulnerable. Governance is coordinated at multiple levels, involving national, state, and local governments.

    The National Disaster Management Authority (NDMA) plays a central role in developing heat action plans (HAPs) and early warning systems, collaborating with state-level and district- level disaster management authorities. The India Meteorological Department (IMD) provides a five-day probabilistic heat early warning system, along with daily and seasonal forecasts. These warnings help regions prepare for heatwaves and protect vulnerable populations. The National Centre for Disease Control (NCDC), under the Ministry of Health and Family Welfare, leads health system capacity-building initiatives to manage heat-related illnesses. State and local governments, particularly in cities like Ahmedabad, implement localized heat action plans tailored to regional needs.

    India’s early warning systems are adapted to the country’s diverse climate and linguistic landscape. State-specific approaches, such as translating warnings into local languages, ensure accessibility in urban and rural areas alike. Local governments collaborate with civil society organizations, such as the Natural Resources Defense Council (NRDC) and the Indian Institute of Public Health, to develop and implement heat action plans in cities like Ahmedabad and Jodhpur.

    India also leverages public-private and nonprofit collaborations. Heat insurance pilots, targeting vulnerable populations like outdoor workers and women in low-income urban areas, have been launched with organizations such as the Self-Employed Women’s Association (SEWA) and Mahila Housing Trust.

    Although challenges around sustainability remain, these initiatives provide financial protection during extreme heat. Additionally, cooling solutions like the Cool Roofs Initiative, which installs reflective materials on rooftops to reduce indoor temperatures, have been piloted in several states.

    India has achieved notable successes in heat management, particularly in Ahmedabad, the first city to implement a heat action plan. Ahmedabad’s HAP has significantly reduced heat- related illnesses and mortality and has served as a model for other regions. The scaling of heat action plans across the country has led to more scientific, evidence-based approaches. Early warning systems have expanded to cover more regions since 2015, providing impact-based warnings nationwide.

    Furthermore, multi-sectoral integration-spanning agriculture, water management, utilities, and transportation-reflects India’s comprehensive approach to heat resilience.

    India’s innovative and collaborative efforts position the country as a leader in managing extreme heat. While challenges remain, particularly in ensuring the sustainability of heat insurance programmes and recognizing heat as a formal disaster.

    India’s focus on scaling its initiatives across states and sectors demonstrates its commitment to building robust heat adaptation strategies.

    MIL OSI United Nations News –

  • MIL-OSI Canada: B.C., Canada strengthen support for farmers dealing with unexpected losses

    Source: Government of Canada regional news

    The governments of B.C. and Canada are making changes to the AgriStability program to provide more financial support to B.C. farmers, following a virtual meeting of the federal, provincial and territorial ministers of agriculture.

    “Now is the time for unity, and we’re working together to deliver for producers right across the country to make sure our programs work for them,” said Heath MacDonald, federal Minister of Agriculture and Agri-Food. “That’s why, at our meeting last week, we agreed to make changes to AgriStability so that producers facing trade uncertainty and dry conditions have more protection.”

    Effective Friday, July 25, 2025, there are several enhancements for the 2025 AgriStability program year, including:

    • increasing the compensation rate from 80% to 90%, meaning producers will receive 90 cents for every dollar of eligible income decline;
    • doubling the compensation cap from $3 million to $6 million to offer more equitable protection for larger farms and ranches; and
    • advancing interest-free payments to farmers for up to 75% of their anticipated final claim.

    B.C. farmers have until Thursday, July 31, 2025, to enrol in AgriStability for the 2025 program year. Application details are available here: https://www2.gov.bc.ca/gov/content/industry/agriculture-seafood/programs/agriculture-insurance-and-income-protection-programs/agristability

    “We raised concerns we have been hearing from farmers here in B.C. at a national level, and our advocacy is resulting in improvements to AgriStability so B.C. farmers can continue to produce high-quality local food,” said Lana Popham, B.C. Minister of Agriculture and Food. “B.C. led the way on this initiative, making these very same changes to our program last year. It’s great to have the federal government partner with us this year to continue to support farmers.”

    These changes respond to international trade concerns and will help many B.C. farmers who are enrolled in the AgriStability program and have suffered income losses from occurences such as extreme weather damage.  

    “B.C. Agriculture Council welcomes these enhancements to the AgriStability program, which plays a critical role in supporting agricultural producers navigate uncertainty,” said Jennifer Woike, president, B.C. Agriculture Council (BCAC). “The improvements take into account the practical considerations that producers must apply to their operations as they respond to market and environmental challenges. BCAC remains committed to working with all levels of government on important program enhancements that support food security and sustainable practices to ensure the economic viability of farms.”

    AgriStability is part of the Sustainable Canadian Agricultural Partnership and helps protect farmers from large drops in income due to factors such as poor yields, rising costs or market changes.

    Quick Facts:

    • AgriStability offers personalized coverage for each farm based on income tax and production information.
    • AgriStability is a whole-farm, low-cost business risk-management program that helps farm operations manage large declines in net farming income.
    • Almost 2,500 farmers are enrolled in B.C.’s AgriStability program.
    • Program costs are shared 60% by Canada, 40% by British Columbia.

    MIL OSI Canada News –

  • PM Modi, President Muizzu release commemorative stamps to mark 60 years of diplomatic ties

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi and Maldivian President Mohamed Muizzu on Friday released commemorative stamps celebrating the 60th anniversary of the establishment of diplomatic relations between India and the Maldives.

    Reflecting the long-standing ties between the two nations, the commemorative stamps feature the Indian boat Uru- a large wooden dhow handcrafted in the historic boatyards of Beypore, Kerala-and the traditional Maldivian fishing boat Vadhu Dhoni, as per a release from the Prime Minister’s Office (PMO).

    These traditional vessels have been part of Indian Ocean maritime trade for centuries. The Vadhu Dhoni, in particular, is still used for reef and coastal fishing in the Maldives and highlights the country’s rich maritime heritage and its deep connection with ocean life.

    India was among the first countries to establish diplomatic relations with the Maldives following its independence in 1965. The release of the stamps serves as a tribute to the historical and cultural bonds that continue to strengthen bilateral relations, the PMO noted.

    In a post on X, PM Modi said, “Commemorating a very cherished friendship! President Muizzu and I released a stamp to mark 60 years of India-Maldives friendship. Our ties are getting stronger with the passage of time and are benefitting the people of our nations.”

    PM Modi is currently on a two-day visit to the Maldives at the invitation of President Muizzu. During the visit, he held bilateral talks and announced several agreements aimed at strengthening cooperation in areas such as trade, agriculture, health, and social welfare-supporting the island nation’s development goals.

    Earlier in the day, the two leaders jointly inaugurated the state-of-the-art Ministry of Defence (MoD) building in Male.

    Overlooking the Indian Ocean, the 11-storey building represents the strong and longstanding defence and security partnership between the two nations. Constructed with financial assistance from India, the new MoD facility is expected to significantly enhance the capabilities of Maldives’ defence and law enforcement institutions, according to the PMO.

    Prime Minister Modi was welcomed by enthusiastic crowds at the venue, who chanted “Narendra Modi Zindabad” and held banners that read: “Honouring Enduring Partnership – Welcome, Prime Minister Modi.”

    In a post on X, the Maldivian President’s Office said, “His Excellency President Dr Mohamed Muizzu and His Excellency Shri Narendra Modi, Prime Minister of the Republic of India, inaugurate the Dhoshimeyna Building, the new office premises of Maldives National Defence Force (MNDF).”

    PM Modi described the inauguration as another testament to the robust cooperation between India and the Maldives.

    “President Muizzu and I inaugurated a new building of the Ministry of Defence in Male. This is yet another instance of strong India-Maldives cooperation,” he shared on X.

    — ANI

  • MIL-OSI Europe: Briefing – EU budget 2028-2034: Overview of the Commission’s proposal – 25-07-2025

    Source: European Parliament

    The European Commission presented its proposals for the 2028-2034 multiannual financial framework (MFF) on 16 July 2025. It proposes a budget amounting to a total of almost €1.8 trillion in commitments over the seven years. Each MFF constitutes the EU’s budgetary plan for a 7-year period, setting the maximum level of spending (‘ceilings’) for each major category of expenditure (‘heading’). This briefing provides an overview of the main components of the proposed long-term EU budget for the years 2028 to 2034. It also provides an initial comparison with the current budget framework for 2021-2027, focusing on commitment appropriations. (Amounts in this briefing are given in constant 2025 prices, unless otherwise stated. Comparisons at the level of individual programmes are only approximate, given the streamlining and regrouping proposed by the Commission.)

    MIL OSI Europe News –

  • MIL-OSI Europe: Written question – Performance of Kremlin-associated conductor Valery Gergiev at the ‘Un’Estate da RE’ festival – co-financed by the EU – in Caserta, Italy – E-002867/2025

    Source: European Parliament

    Question for written answer  E-002867/2025
    to the Commission
    Rule 144
    Erik Marquardt (Verts/ALE)

    On 27 July 2025, Russian conductor Valery Gergiev, a declared supporter of Vladimir Putin and an internationally known cultural ambassador of the Kremlin, is scheduled to perform at the Un’Estate da RE festival in Caserta, Italy. According to publicly available information the event is co-financed by the EU Cohesion Fund[1].

    Given Russia’s ongoing war of aggression against Ukraine, the systematic bombing of civilian infrastructure – most recently in Kyiv – and the extensive EU sanctions against supporters of the regime, it raises serious concerns about how such cultural funding aligns with the core values of the European Union.

    • 1.How does the Commission justify the use of EU funds – including the Cohesion Fund – for an event featuring a prominent Kremlin-affiliated figure who has openly endorsed Putin’s regime and has yet to distance himself from its illegal war of aggression?
    • 2.What safeguards (e.g. guidelines or mechanisms) exist to ensure EU funds do not indirectly contribute to the legitimisation of authoritarian regimes and their cultural representatives?
    • 3.What consequences will the Commission draw from this case to ensure that future cultural funding is consistent with EU foreign policy objectives and core values – particularly its commitment to human rights and solidarity with Ukraine?

    Submitted: 14.7.2025

    • [1] https://backstageclassical.com/bomben-auf-kiew-und-gergiev-in-italien/.
    Last updated: 25 July 2025

    MIL OSI Europe News –

  • MIL-OSI USA: Q&A: National Whistleblower Day

    US Senate News:

    Source: United States Senator for Iowa Chuck Grassley

    Q: What’s your most recent work to strengthen whistleblower protections?

    A: Estimates show federal contractors outnumber roughly two million civilian employees in the federal workforce. In July I introduced bipartisan legislation to address gaps in existing federal law that leave millions of people who work as federal contractors vulnerable to reprisal if they report waste, fraud and abuse in federal agencies. As a longtime champion for whistleblowers, I’m pushing to close this loophole with Sen. Gary Peters of Michigan. Our Expanding Whistleblower Protections for Contractors Act is another step we can take to empower the millions of contractors who work for federal agencies to be the eyes and ears on behalf of the taxpayer. Whistleblowers provide a crucial layer of protection for the American public to ferret out fraud and mismanagement, from tax evasion, to securities law violations and patient safety. As a co-founder and co-chair of the Senate Whistleblower Protection Caucus, I’m constantly on the lookout for ways to support and encourage people to come forward with credible information to root out wrongdoing and help ensure the government works on behalf of the American people, not the other way around. Whistleblowers put their jobs and reputations on the line to tell the truth.

    Earlier this year, I introduced bipartisan legislation to ensure whistleblower protections keep pace with the fast-growing Artificial Intelligence (AI) industry. The rapid growth in AI would benefit from disclosures of wrongdoing brought forward by whistleblowers to hold the industry accountable and protect national security, public health, privacy and public safety. Employees working within the AI sector deserve whistleblower protections that would empower those helping to develop this new frontier of technology to report wrongdoing. AI has the potential to reshape daily life, our economy and the geopolitical landscape. My Artificial Intelligence Whistleblower Protection Act would provide explicit whistleblower protections for those developing and deploying AI across the economy. To date AI companies have fostered a chilling effect on current and former employees looking to make whistleblower disclosures to the federal government, including Congress. My bipartisan legislation strengthens federal laws to shield the communications of current and former employees who make disclosures. It also would provide relief for AI whistleblowers who suffer retaliation, including reinstatement, back pay and compensation for damages.

    Q: How did your advocacy for whistleblowers get started?

    A: For nearly five decades, I’ve led efforts on Capitol Hill to protect those who come forward to tell the truth. My oversight work digging under the hood of the Pentagon’s financial mess was prompted by civilian employees who blew the whistle on defense contractor fraud. That includes a staff analyst at the Department of Defense named Chuck Spinney who graced the cover of Time magazine in 1983 for blowing the whistle on billions of dollars of wasteful spending at the Pentagon and the practice of keeping two sets of books. He exposed the $750 billion dollar mismatch between the Pentagon’s Five Year Defense Program (FYDP) and budget. The bureaucrats were trying to squeeze ten pounds of manure into a five pound bag and got caught. I’ve been doggedly working to tighten the Pentagon’s fiscal leash ever since. Whistleblowers from across the federal bureaucracy who step forward to “commit the truth” – like Chuck Spinney and Ernie Fitzgerald – help hold government accountable to the American people. Since my first term in the Senate, my door is open to whistleblowers as part of my congressional oversight work. It also prompted me to write bipartisan landmark amendments in 1986 to beef up the False Claims Act, a tool deployed by President Abraham Lincoln to root out fraudsters during the Civil War. The qui tam amendments are the federal government’s #1 anti-fraud tool in its arsenal. To date, it’s helped recover more than $78 billion in fraud and deterred the loss of untold billions more over the last four decades. Last year, I wrote all 74 federal inspectors general to strengthen their whistleblower protections and stop using unlawful non-disclosure policies that stymie employees from reporting wrongdoing. I also recently wrote to President Trump urging that he protect whistleblowers while cutting federal waste, fraud, and abuse. Simply put, the work of whistleblowers is invaluable to American society. They are heroes among us who identify violations of law, gross mismanagement, negligence and threats to public health and safety. Whistleblowers who have the guts to stick their necks out to tell the truth – while putting their livelihoods and careers on the line – merit support and incentives under federal law for their bravery. Every year since the Reagan administration, I’ve called upon the president to hold a Rose Garden ceremony on Whistleblower Appreciation Day. Our nation owes these patriots a debt of gratitude. It also would send a clear message that retaliation for telling the truth will not be tolerated.

    National Whistleblower Day is July 30. 

    MIL OSI USA News –

  • MIL-OSI USA: Grassley, Heinrich, Miller-Meeks, Pingree Reintroduce Bill to Explore Agricultural, Environmental Benefits of Biochar

    US Senate News:

    Source: United States Senator for Iowa Chuck Grassley

    WASHINGTON – Sens. Chuck Grassley (R-Iowa), a lifelong farmer and a member of the Senate Agriculture Committee, and Martin Heinrich (D-N.M.), along with Reps. Mariannette Miller-Meeks (R-Iowa) and Chellie Pingree (D-Maine), reintroduced legislation to study the effectiveness of biochar, a carbon-rich material produced from biomass.

    The bipartisan Biochar Research Network Act would establish a National Biochar Research Network to test the impact of biochar across various soil types, application methods and climates to learn more about its capacity to benefit farmers and the environment.

    “Farmers rely on the latest advances in science and innovation to increase their crop productivity and advance soil health. Biochar presents an exciting opportunity for farmers looking for a low-cost way to improve soil quality while sequestering carbon. More information is needed to understand the benefits biochar could provide, and my legislation will facilitate much needed research into this potentially transformative tool,” Grassley said.

    “By investing in soil health research, we can help farmers, foresters, and producers make their working lands more resilient,” Heinrich said. “Our bipartisan legislation accomplishes this by directing the U.S. Department of Agriculture to research the potential of biochar to enhance crop production, conservation, and soil carbon sequestration in varying soils and circumstances. This will allow producers to build more resilience into their operations and increase crop growth and yield.”

    “We can all agree that we want to leave a cleaner, healthier planet for our children and grandchildren. Our agricultural sector in Iowa is vital to our economy and biochar sits at the intersection of smart agriculture, environment, and energy practices,” Miller-Meeks said. “Biochar has the incredible potential to help sequester carbon in our agriculture communities and we must ensure that we are using every resource at our fingertips to promote this innovative tool. The benefits of biochar are not yet fully recognized, and this bill would promote research and provide us the information we need to fully utilize biochar in a variety of types of soil and methods.”

    “Biochar holds incredible promise for our farmers, our forests, and our fight against climate change. In Maine, we’ve seen how biochar can improve soil health, sequester carbon, and the potential to help clean up PFAS contamination. But there’s still a lot we don’t know,” Pingree said. “The Biochar Research Network Act gives scientists, farmers, and foresters the data they need to unlock the full potential of this climate-smart tool. As we work on the next Farm Bill, we must ensure that investments in biochar research are part of our broader strategy to build a more sustainable and resilient agricultural system.”

    Under the legislation, the proposed National Biochar Research Network would work to:

    • Understand productive uses for biochar to help with crop production and climate mitigation;
    • Assess biochar’s potential for soil carbon sequestration; and
    • Deliver cost-effective and practical information to farmers on sustainable biochar production and application.

    The full text of the legislation is available HERE.

    -30-

    MIL OSI USA News –

  • MIL-OSI USA: Durbin, Duckworth Seek Answers On So-Called One Big Beautiful Bill’s Impact On Hospitals In Illinois

    US Senate News:

    Source: United States Senator for Illinois Dick Durbin

    July 25, 2025

    In a letter that was sent to every hospital in Illinois, Durbin and Duckworth request information about how each hospital anticipates to be impacted by the Republicans’ so-called “One Big Beautiful Bill”

    SPRINGFIELD – U.S. Senate Democratic Whip Dick Durbin (D-IL) and U.S. Senator Tammy Duckworth (D-IL) today sent a letter to every hospital in Illinois requesting information about the projected impact analysis of the Republicans’ so-called One Big Beautiful Bill Act, which cuts $1 trillion in Medicaid funding and $300 billion in Affordable Care Act funding over the next decade. As a result of the legislation, 15 million Americans are projected to lose health insurance coverage, including approximately half a million people in Illinois, and hospitals that rely on Medicaid funding, especially those in rural areas, face risk of closure. Further, it’s estimated that 30,000 health care jobs will be lost over the next decade as a result of the bill.

    “Earlier this month, Congressional Republicans passed and President Trump signed into law the so-called One Big Beautiful Bill Act (P.L. 119-21). We voted against the measure. We write to request information about how this Republican-passed law will affect your hospital, health care workforce, and the patients you serve across Illinois,” the Senators began their letter.

    “The Kaiser Family Foundation estimates that federal Medicaid spending for Illinois will be reduced by 19 percent. These cuts include freezing and reducing provider taxes and state directed payments that hospitals across Illinois depend on to help finance the Medicaid system and make up for low reimbursement rates. The Republican-passed law also will raise uncompensated care costs for hospitals by restricting eligibility and raising out-of-pocket costs for Medicaid and Affordable Care Act beneficiaries,” the Senators continued. “Based upon the estimated 19 percent cut to Medicaid funding, and increased uncompensated care costs from deep insurance coverage losses, we worry that hospitals will face severe financial hardship, and patients will suffer.

    Durbin and Duckworth closed their letter by requesting detailed information about the impacts of the so-called One Big Beautiful Bill Act on each hospital, including if patients can expect critical services like obstetrics to be eliminated, how many health care jobs may be lost, and how hospital uncompensated care costs will increase as Illinoisans lose access to their insurance.

    “To help inform legislative efforts to improve health care and strengthen hospitals across Illinois, we request the following information and analysis from your hospital about the One Big Beautiful Bill Act by August 22, 2025,” the Senators requested.

    “If faced with a 19 percent cut to Medicaid funding as a result of this law, what changes would your hospital be forced to make to maintain viability?” the Senators asked as they concluded their letter.

    A copy of the letter is available here and below:

    July 25, 2025

    Dear Hospital Administrator:

    Earlier this month, Congressional Republicans passed and President Trump signed into law the so-called One Big Beautiful Bill Act (P.L. 119-21). We voted against the measure. We write to request information about how this Republican-passed law will affect your hospital, health care workforce, and the patients you serve across Illinois.

    Republicans in Congress voted for legislation that cuts $1 trillion in Medicaid funding and $300 billion in Affordable Care Act funding over the next decade. The Kaiser Family Foundation estimates that federal Medicaid spending for Illinois will be reduced by 19 percent. These cuts include freezing and reducing provider taxes and state directed payments that hospitals across Illinois depend on to help finance the Medicaid system and make up for low reimbursement rates. The Republican-passed law also will raise uncompensated care costs for hospitals by restricting eligibility and raising out-of-pocket costs for Medicaid and Affordable Care Act beneficiaries.

    Fifteen million Americans are projected to lose health insurance coverage, including approximately half a million people in Illinois—impacting children, pregnant women, seniors, and individuals with disabilities across rural and urban areas. In Illinois, it is estimated that 30,000 health care jobs will be lost over the next decade as a result of this legislation. For rural hospitals that are often the largest employers in a community, this could be devastating.

    Hospitals, like any business, must make forecasts and plan their budgets months and years in advance to ensure proper resource allocation and capacity. Based upon the estimated 19 percent cut to Medicaid funding, and increased uncompensated care costs from deep insurance coverage losses, we worry that hospitals will face severe financial hardship, and patients will suffer.

    In addition to opposing the One Big Beautiful Bill Act, we have worked on bipartisan legislation to strengthen the health care system, including bills to: bolster the pipeline and recruitment of physicians, nurses, behavioral health providers and dentists; increase funding for rural ambulance services; save rural hospitals facing financial hardship, address maternal mortality and chronic disease; and lower prescription drug costs.

    To help inform legislative efforts to improve health care and strengthen hospitals across Illinois, we request the following information and analysis from your hospital about the One Big Beautiful Bill Act by August 22, 2025.

    1. What percent of your inpatient and outpatient services are paid for by Medicaid, and what percent of such patients are covered by the program?
    1. What is your hospital’s current operating margin, and, as a result of this law, what do you anticipate it to be in 2028, 2031, and 2034?
    1. What is the projected annual financial loss to your hospital as a result of this law?
    1. What is the projected increase in annual uncompensated care provided by your hospital as a result of this law?
    1. If faced with a 19 percent cut to Medicaid funding as a result of this law, what changes would your hospital be forced to make to maintain viability?
      1. Please identify which service lines would be the most likely or first to face reductions or termination.
    1. If your hospital currently offers obstetrics/labor and delivery services, do you anticipate continuing to do so in the same manner by 2030?
    1. How do you project emergency room wait times will be impacted by this law?
    1. How do you expect your projected financial losses to affect the economy of your local communities?
    1. If Congressional Republicans attempt to implement additional Medicaid or Affordable Care Act cuts this Congress, including by reducing or eliminating the 90 percent federal cost-share for Medicaid expansion states, how do you expect this would affect your finances?

    Thank you for your attention to this matter, we look forward to your response. Please contact our offices with any questions and to transmit your response.

    Sincerely,

     

    -30-

    MIL OSI USA News –

  • MIL-OSI USA: Chairwoman McClain: “House Republicans Just Put America Back in the Lead on Crypto”

    Source: US House of Representatives Republicans

    The following text contains opinion that is not, or not necessarily, that of MIL-OSI –

    WASHINGTON—House Republican Conference Chairwoman Lisa McClain (R-Mich.) released the following statement after the House passed three major crypto bills: the Anti-CBDC Surveillance State Act, the CLARITY Act, and the GENIUS Act:

    “For too long, innovators and entrepreneurs have faced regulatory uncertainty that stifled growth. That ends now. House Republicans just put America back in the lead on crypto. Each of these bills is a critical step toward securing America’s leadership in the digital economy while providing accountability and oversight for the industry,” Chairwoman McClain said. “We’re answering President Trump’s call to make the United States the crypto capital of the world. I commend Chairman French Hill for his outstanding leadership in getting this done. House Republicans are leading the way.”

    The Anti-CBDC Surveillance State Act stops the creation of a government-run digital dollar, protecting financial privacy and freedom. 

    The CLARITY Act sets clear rules for financial regulators, protects consumers, fixes loopholes, and supports innovation in the United States.

    The GENIUS Act creates clear rules for payment stablecoins, protecting consumers, and keeping the U.S. dollar at the foundation of the global financial system.

    MIL OSI USA News –

  • MIL-OSI USA: $6 Million for Maine After-School and Child Care Programs Advanced by Senator Collins in Funding Bill

    US Senate News:

    Source: United States Senator for Maine Susan Collins
    Washington, D.C. – U.S. Senator Susan Collins, Chair of the Senate Appropriations Committee, announced that she advanced $6,000,000 in Congressionally Directed Spending for Maine after-school programs and child care in the Fiscal Year (FY) 2026 Transportation, Housing and Urban Development (THUD) Appropriations bill. The bill, which was officially approved by the Senate Appropriations Committee this week, now awaits consideration by the full Senate and House.
    “Access to affordable after-school programs and child care helps promote financial stability for families while benefiting Maine’s small businesses and local economies,” said Senator Collins. “This funding would support the next generation of Mainers, helping to ensure students and their families have the skills, tools, and support needed to achieve their goals. As the Chair of the Appropriations Committee, I will continue to advocate for this funding as the appropriations process moves forward.”
    This funding advanced through the Committee’s markup of the FY 2026 THUD Appropriations bill—an important step that now allows the bill to be considered by the full Senate.
    Funding advanced by Senator Collins is as follows:
    Boys & Girls Club of Southern Maine– $3,000,000 to support the construction of the Bridge to Success Teen Center. The Center aims to provide teenagers and young adults from low-income family’s access to career and college-readiness programs. This funding would also support renovations to the Portland Clubhouse to accommodate a growing membership and expand services for elementary and middle school students.
    Rumford Child Care and Community Center – $3,000,000 to support the construction of a child care and community center at the site of the Rumford Elementary School. The facility would support families in Northern Oxford County and Western Franklin County.
    In 2021, Congress reinstituted Congressionally Directed Spending. Following this decision, Senator Collins has secured more than $1 billion for hundreds of Maine projects for FY 2022, FY 2023, and FY 2024. As the Chair of the Appropriations Committee, Senator Collins is committed to championing targeted investments that will benefit Maine communities.

    MIL OSI USA News –

  • MIL-OSI USA: UPDATE: Senator Collins Successfully Secures the Release of Remaining Education Funding for Maine Schools

    US Senate News:

    Source: United States Senator for Maine Susan Collins
    Published: July 25, 2025

    Washington, D.C. – Today, the U.S. Department of Education (ED) announced that it will release the remaining formula grant funding for Fiscal Year (FY) 2025 that states had anticipated receiving on July 1. The pause in releasing these funds risked the loss of nearly $28,000,000 for Maine’s public schools. This announcement comes in response to a letter sent earlier this month by Senator Collins and nine of her Republican Senate colleagues to Russell Vought, Director of the White House Office of Management and Budget (OMB), advocating for the release of these anticipated education formula funds. Senator Collins also personally spoke to Education Secretary Linda McMahon to advocate for the release of this frozen funding.
    “These formula funds are essential to the operation of Maine’s public schools, supporting everything from classroom instruction to adult education,” said Senator Collins. “I am pleased that following outreach from my colleagues and me, the Administration has agreed to release these highly-anticipated resources. I will continue working to ensure that education funds are delivered without delay so that schools have adequate time to plan their finances for the upcoming school year, allowing students to arrive back to class this fall to properly-funded schools.”
    Specifically, the letter — led by Senator Shelley Moore Capito (R-WV) and Senator Collins — requested that the Administration faithfully implement the FY 2025 Full-Year Continuing Resolution Act, which Congress passed and the President signed into law earlier this year. The letter was also signed by Senators John Boozman (R-AR), Katie Britt (R-AL), Deb Fischer (R-NE), John Hoeven (R-ND), Jim Justice (R-WV), Mitch McConnell (R-KY), Lisa Murkowski (R-AK), and Mike Rounds (R-SD).
    Prior to today’s announcement, last week, Senator Collins announced that the ED will release funding to support 21st Century Community Learning Centers, which provide afterschool and summer learning opportunities for students. Earlier this month, Senator Collins also announced that the ED awarded a total of $4,981,867 in TRIO Student Support Services grants to 11 Maine colleges and universities following her questioning of Secretary McMahon on the proposed elimination of TRIO programs during an Appropriations hearing.

    MIL OSI USA News –

  • MIL-OSI Russia: 170 companies from all over the world participated in all eight CIIEs

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    SHANGHAI, July 25 (Xinhua) — A total of 170 overseas companies and 27 institutions have joined the eight China International Import Expos (CIIE), the organizer of the expo announced at a press conference on Friday.

    According to the organizer, more than 50 countries and international organizations have confirmed their participation in the national comprehensive exhibition, which will be held within the framework of the upcoming 8th CIIE this year. Sweden, the UAE and other countries will act as honorary guest countries, and Kyrgyzstan will participate for the first time.

    This year, the volume of reserved exhibition space for the CIIE commercial exposition has exceeded 330,000 square meters, the organizer added.

    As CIIE Deputy Bureau Director Wu Zhengping noted, companies from Canada, Malaysia, New Zealand, Norway, Peru and other countries set a record in participation, which clearly demonstrates their confidence in the Chinese economy and enthusiasm for the CIIE.

    This year, CIIE will for the first time include a special zone for products from participating least developed countries. The expo will also expand and upgrade the existing African products zone and launch a “cross-border e-commerce product selection platform” to help overseas SMEs successfully enter the Chinese market. –0–

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

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    MIL OSI Russia News –

  • MIL-OSI Russia: Member of the Politburo of the CPC Central Committee met with the Spanish delegation

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    BEIJING, July 25 (Xinhua) — Yin Li, a member of the Political Bureau of the Communist Party of China Central Committee, met with a delegation led by Catalan regional government head Salvador Illa in Beijing on Friday.

    Yin Li, also secretary of the CPC Beijing Municipal Committee, recalled that this year marks the 20th anniversary of the establishment of the comprehensive strategic partnership between China and Spain.

    According to him, China is willing to work with Spain to implement the important consensus reached by the leaders of the two countries, deepen inter-party exchanges and inter-regional cooperation, promote the continuous deepening and practical implementation of cooperation in various fields, and promote the development of China-Spain and China-EU relations.

    S. Ilya, for his part, stated that Spain is ready to expand exchanges and dialogue with China, deepen cooperation in such areas as inter-party relations, inter-regional contacts, economics and trade, culture, science and technology, in order to bring more benefits to the peoples of both countries. –0–

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

    .

    MIL OSI Russia News –

  • MIL-OSI USA: Congresswoman Laurel Lee and Congressman Pfluger Introduce Legislation to Cut LNG Bunkering Red Tape

    Source: United States House of Representatives – Congresswoman Laurel Lee – Florida (15th District)

    Washington, D.C. — Today, Congresswoman Laurel Lee (FL-15) and Congressman August Pfluger (TX-11) introduced the Cutting LNG Bunkering Red Tape Act, a bill that codifies a Trump-era Department of Energy (DOE) order clarifying that ship-to-ship transfers of liquefied natural gas (LNG) used as marine fuel—commonly known as LNG bunkering—are not considered exports under Section 3 of the Natural Gas Act unless conducted in foreign waters. The bill is referred to the House Committee on Energy and Commerce.

    “The Biden Administration’s harmful energy policies have created unnecessary regulatory burdens that stall innovation and weaken American energy leadership,”said Rep. Lee. “Liquefied natural gas is a more efficient, cleaner, and cost-effective energy source. My bill ensures that LNG bunkering is not hindered by red tape, so that ports in Florida and across the nation can continue to expand, drive job creation, and compete globally.”

    “LNG exports unequivocally benefit our economy, domestic prices, national security, and partners and allies around the world that want our product. Unfortunately, the Biden Administration spent four years imposing one regulation after another on these exports, stifling the energy industry,” said Rep. Pfluger. “This legislation permanently reverses one of these misguided policies to ensure American LNG can compete on the global stage by removing regulatory uncertainty and streamlining the use of it as a cleaner, more efficient fuel source for maritime transportation. I am proud to lead this legislation with my good friend from Florida, Representative Laurel Lee.”

     Background: 

    During the Biden Administration, DOE issued an order treating certain domestic LNG ship-to-ship transfers as exports, subjecting them to extensive federal regulation and public interest review. In contrast, President Trump reversed this position, rightly determining that LNG bunkering within U.S. waters should not be treated as an export. Rep. Lee’s legislation would cement this clarification in federal law.

    Florida is a major hub for marine transportation, including cruise ships and other vessels, increasingly turning to LNG as a clean and modern fuel source. JAX LNG, based in Jacksonville, has been a national leader in LNG bunkering, but has faced unnecessary regulatory hurdles due to shifting federal interpretations

    MIL OSI USA News –