NewzIntel.com

Category: Economy

  • MIL-OSI Africa: Innovative water treatment technology to address KZN water challenges

    Source: South Africa News Agency

    Deputy Minister of Water and Sanitation, David Mahlobo, has commended the Water Research Commission’s (WRC) ongoing investment and efforts to provide innovative technological solutions to water challenges through the launch of the Vortex Settling Basin (VSB).

    Deputy Minister of Water and Sanitation, David Mahlobo, has commended the Water Research Commission (WRC) for its continued investment in innovative technologies to address South Africa’s water challenges.

    A VSB is a type of water treatment system that utilizes a vortex flow pattern to remove sediments, suspended solids, and other pollutants from water. 

    It operates on the principle of centrifugal force, allowing heavier particles to settle at the bottom of the basin while cleaner water is discharged from the top. 

    The VSB effectively removes heavy sediment particles through its vortex action, causing the sediments to settle in a cone shape. These particles can then be extracted by gravity, while the clearer water flows out over a discharge weir. 

    “This technology will help the municipality with an energy-efficient solution for sediment removal, ensuring a reliable water supply with minimal maintenance. The vortex is at 90% efficiency, which means there will be more water to treat, thus increasing water security in the area. The technology will also ensure good water quality because the turbidity of water will be addressed,” the Deputy Minister said.

    Mahlobo made the remarks at the recent official handover and launch of the VSB demonstration at the Thukela River abstraction works in Middledrift, Nkandla, KwaZulu-Natal.

    The launch marked the beginning of a demonstration phase, during which the system’s effectiveness will be closely monitored for potential wider implementation. 

    The VSB has a pump capacity of 8.6 mega-litres per day and will benefit a wide range of stakeholders, particularly those reliant on surface water abstraction for agricultural, municipal, and industrial purposes. 

    The Deputy Minister assured community members that the municipality has gained a cost-effective technology, to be used also to facilitate more desilting by removing sedimentation in the dams. 

    He highlighted that Madungela was chosen for the demonstration for several reasons, including the large contributing catchment downstream of the existing Spioenkop Dam, resulting in high sediment concentrations; the pump station abstracts raw water directly from the Thukela River and has no gravel trap, and current sediment extrusion is by hydro-cyclones; therefore, a good comparison with VSB performance will be possible. 

    Mahlobo urged the community to protect the VSB as it will be beneficial to them. 

    WRC Chief Executive, Dr Jennifer Molwantwa, emphasised that the work done by the commission has important implications, especially for rural communities who will now have access to reliable potable water. 

    “This kind of work is critically important for the WRC, as it demonstrates our ability to translate theoretical scientific innovations into practical applications—not just at laboratory scale, but also in real-world settings. 

    “We are hopeful that this innovation will culminate in an economy where all municipalities and bulk water suppliers recognise and adopt it as a groundbreaking technology that has the potential to significantly improve the efficiency and capacity of water treatment systems across the country—particularly benefiting rural communities, where access to reliable and sustainable water services is often limited,” Molwantwa said. –SAnews.gov.za

    MIL OSI Africa –

  • MIL-OSI Africa: Egypt: President El-Sisi Meets the Managing Director of the International Finance Corporation

    Source: Africa Press Organisation – English (2) – Report:

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    Today, President Abdel Fattah El-Sisi met with Managing Director of the International Finance Corporation (IFC), Mr. Makhtar Diop. The meeting was also attended by Vice President and General Counsel for IFC, Mr. Ethiopis Tafara, and Minister of Planning, Economic Development, and International Cooperation, Dr. Rania Al Mashat.

    Spokesman for the Presidency, Ambassador Mohamed El-Shennawy, said President El-Sisi appreciated IFC’s cooperative relations with Egypt over the past years. The President emphasized Egypt’s keenness on further strengthening this collaboration, particularly in light of the ongoing regional developments, which create formidable challenges on development programs. Mr. Diop agreed with the President and stressed the Corporation’s commitment to its fruitful cooperation with Egypt.

    The meeting explored opportunities for joint efforts to enhance investment flows into Egypt and to facilitate financing for the private sector. President El-Sisi confirmed the importance of providing competitive financing rates to reduce costs. He noted that Egypt is adopting a series of policies as well as structural and economic reforms aimed at maintaining financial and economic stability. The President affirmed that the state is committed to boosting the private sector’s role in economic activity and development and is working to bolster private sector confidence in the economy by offering numerous tax and customs facilities to reduce costs and streamline procedures. Additionally, the government is launching initiatives aimed at increasing exports, developing productive and service activities, and expanding public-private partnership projects.

    The IFC’s Managing Director lauded Egypt’s economic reform measures, which enhance investor confidence and improve the investment climate. He asserted that joint programs between both parties will continue to further advance cooperation and support the competitiveness of the Egyptian economy.

    – on behalf of Presidency of the Arab Republic of Egypt.

    MIL OSI Africa –

  • MIL-OSI Canada: Statement by Prime Minister Carney on National Public Service Week

    Source: Government of Canada – Prime Minister

    “Canada’s new government has a mandate to bring about big changes quickly. That depends on the public servants who go to work every day with a drive to make our country better for Canadians. On National Public Service Week, we recognize their exemplary service.

    “To all federal public servants: thank you for your dedication and professionalism. A stronger Canada depends on a strong and effective public service – the individuals who take plans and policies and transform them into tangible, impactful change.

    “Together, let’s build a more prosperous and more united Canada. Together, let’s build big, build bold, and build now. Together, we will build the strongest economy in the G7.”

    MIL OSI Canada News –

  • MIL-OSI Russia: Opening Ceremony of Cultural Exchange Events Between Chinese and Russian Youth Held in Jilin Province

    Translation. Region: Russian Federal

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

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

    CHANGCHUN, June 15 (Xinhua) — The opening ceremony of a series of cultural exchange events between Chinese and Russian youth titled “Feel Jilin – Youth with Us” was held in Changchun, capital of northeast China’s Jilin Province, on Saturday.

    Around 200 Chinese and Russian teenagers attended the ceremony, which included a rich cultural immersion program and created a platform for communication between young people from the two countries.

    At the ceremony, Chinese and Russian youth were introduced to traditional Chinese culture together, and a documentary about Jilin Province was shown.

    Deputy Director of the Jilin Provincial Department of International Cooperation Zhao Shuxin noted that cooperation between Jilin Province and Russia in the fields of economy, trade, logistics, tourism and culture, etc. is becoming closer and yielding fruitful results.

    “Youth is the future of the country and the hope of the nation,” he said, expressing hope that young people from both countries will grow together and form strong friendships during these events.

    It should be recalled that in the coming months, various events will be held in various cities of the two countries, including wushu exchanges, an international youth football match in Hunchun, as well as photo expeditions for the media of China and Russia. -0-

    MIL OSI Russia News –

  • MIL-OSI: Seventh Presale Phase: Bitcoin Solaris Nears Public Launch with 10,000 TPS and 21M Supply Cap

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, June 15, 2025 (GLOBE NEWSWIRE) — Bitcoin Solaris (BTC-S), a next-generation blockchain built for speed, accessibility, and long-term sustainability, has officially entered the seventh phase of its token presale, with the public launch now just weeks away. With over $4.5 million already raised and more than 11,500 participants onboard, momentum is surging.

    Final Opportunity Before Public Launch

    The presale is currently in Phase 7’s last day, with BTC-S tokens priced at $7. The next presale phase will raise the price to $8, with a launch price set at $20. This structured pricing reflects strong demand and limited availability, given the project’s fixed supply of 21 million tokens—identical in scarcity to the original Bitcoin.

    With fewer than eight weeks remaining before public launch, this is the last opportunity for early supporters to participate before BTC-S becomes tradable on major platforms.

    A Scarcity-Driven Token Built for Scalability

    Bitcoin Solaris takes the best parts of Bitcoin, the 21 million supply cap, and upgrades everything else. While Bitcoin transactions take about 10 minutes to finalize, Bitcoin Solaris pushes blocks every 15 seconds and confirms them in under 2 seconds.

    This performance comes from a hybrid structure that combines a Proof-of-Work Base Layer with a high-throughput Delegated Proof-of-Stake Solaris Layer. This dual-consensus model:

    • Supports 10,000+ TPS
    • Slashes energy usage by over 99.95% compared to Bitcoin
    • Enables lightning-fast smart contract execution
    • Rotates validators based on weighted contribution and uptime

    It’s the kind of blockchain performance that fits perfectly in a bull market narrative—fast, efficient, and decentralized.

    A Smarter, Faster, Fairer Bitcoin Is Here—Step Into BTC-S

    Tokenomics That Ignite Long-Term Demand

    Beyond the tech, Bitcoin Solaris backs its vision with powerful tokenomics. The hard cap of 21 million BTC-S tokens mirrors Bitcoin’s scarcity, but the utility goes far beyond holding.

    Here’s how the tokenomics create upward pressure:

    • Tokens are required for staking, validating, and interacting with the ecosystem
    • Time-weighted validator rewards encourage long-term holding
    • No inflationary print cycles—only mined or earned tokens
    • The low total supply paired with strong use cases builds consistent demand

    BTC-S isn’t just another asset to flip, it’s a network to participate in.

    Referral-Driven Growth Fueling Viral Expansion

    Bitcoin Solaris’s Double Rewards Referral Program is a major catalyst behind its exponential community growth. Here’s how it works:

    • Anyone who refers new investors earns 5% of their purchases in BTC-S tokens
    • New users who join via a referral also get 5% bonus tokens
    • All rewards are credited automatically via the user dashboard on bitcoinsolaris.com

    This viral mechanic has powered over 11,500 users to join the presale in just weeks, turning BTC-S into one of the fastest-growing ecosystems of this cycle. The community is now spreading across Telegram and X, further accelerating its altcoin season momentum.

    Presale Is Almost Over: The Window Is Closing

    A detailed video review by 2Bit Crypto breaks down exactly why BTC-S is gaining this much traction—including its audit-approved smart contracts and high-performance infrastructure.

    The Engine of Wealth in Altcoin Season

    What sets Bitcoin Solaris apart in this altcoin season isn’t just hype—it’s architecture. By allowing anyone to participate in mining from a laptop, browser, or upcoming mobile platform, it reduces barriers for earning crypto at scale.

    Its validator reward structure balances decentralization and speed. Blocks are mined via Proof-of-Work, then delegated for verification in a DPoS layer with built-in slashing and validator rotation. This ensures fair payouts, lower risks, and a healthy ecosystem long-term.

    Add in audits from Cyberscope and Freshcoins, and you’ve got one of the most technically complete altcoins on the rise.

    Conclusion

    Altcoin season is known for turning obscure projects into household names. With Bitcoin Solaris, we’re watching that transformation in real time. It blends Bitcoin’s scarcity with elite performance, DeFi-ready tokenomics, and viral growth mechanics. As the presale comes to a close, BTC-S is looking more and more like the best coin of this cycle.

    For more information on Bitcoin Solaris:
    Website: https://www.bitcoinsolaris.com/
     Telegram: https://t.me/Bitcoinsolaris
     X: https://x.com/BitcoinSolaris

    Media Contact:
    Xander Levine
    press@bitcoinsolaris.com
    Press Kit: Available upon request

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

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

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/dd1efa54-3488-4d14-b97b-ed9b990fd8ec

    https://www.globenewswire.com/NewsRoom/AttachmentNg/c59e1cb7-7547-4e34-9035-1c5830a198ac

    https://www.globenewswire.com/NewsRoom/AttachmentNg/b6449e70-bf95-4243-aab0-ecc5a7d989bb

    https://www.globenewswire.com/NewsRoom/AttachmentNg/049b220f-01e2-4ba2-b1f8-50018cf2e95e

    The MIL Network –

  • FM Nirmala Sitharaman takes stock of financial inclusion schemes in Ladakh

    Source: Government of India

    Source: Government of India (4)

    Finance Minister Nirmala Sitharaman on Sunday visited an exhibition of local handicrafts and handloom products by Self Help Groups (SHG) and local entrepreneurs of the Ladakh region.

    She interacted with artisans, women-led SHGs and local entrepreneurs showcasing traditional crafts, handloom textiles and sustainable innovations at their stalls.

    The Finance Minister appreciated the entrepreneurial spirit and creativity of the artisans, highlighting their role in preserving cultural heritage and boosting rural livelihoods in the Union Territory.

    The initiative is part of the Centre’s policy of inclusive development to empower women and local entrepreneurs and create more jobs.

    The Finance Minister is on a four-day visit to Ladakh. She will chair a credit outreach programme emphasising the vital role of credit in promoting financial inclusion and economic development in the region.

    Sitharaman is scheduled to interact with councillors of the Ladakh Autonomous Hill Development Council (LAHDC) and the Ladakh administration. She will also inaugurate various developmental projects during her tour.

    The Modi government has succeeded in mobilising more than 10.04 crore women into over 90.76 lakh self-help groups (SHGs) nationwide to promote financial inclusion under the flagship Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM) poverty alleviation scheme.

    Over 52 crore loans worth Rs 32.61 lakh crore have been sanctioned under the PM Mudra Yojana for the poor, with the scheme having completed 10 years of its launch this year.

    The scheme has led to the empowerment of women in small towns and villages, as nearly 70 per cent of Mudra loans have been availed by women entrepreneurs, enhancing their financial independence and contributing to gender equality.

    In the last nine years, while per-woman PMMY disbursement amount increased by a compound annual growth rate (CAGR) of 13 per cent to Rs 62,679, the per-woman incremental deposits increased by a CAGR of 14 per cent to Rs 95,269, data compiled by the Finance Ministry shows.

    The IMF has also lauded the PM Mudra Yojana (PMMY), with a report of the UN arm stating that the scheme, which extends collateral-free loans with a special focus on women’s entrepreneurship, has helped boost the number of women-owned MSMEs, which now stands at more than 2.8 million.

    The report said that an enabling policy environment for entrepreneurship through various programs, such as the PMMY is contributing to increased self-employment and formalisation through credit.

    (IANS)

  • MIL-OSI Africa: President Museveni Rallies Ugandan Diaspora to Invest Back Home


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    President Yoweri Kaguta Museveni has urged the Ugandan diaspora to invest back home and also use their global exposure, networks and influence to attract more tourists to visit Uganda.

    The President made the remarks on Saturday, 14th June, 2025 while meeting a delegation of 25 members of the NRM Diaspora Cadres Initiative, led by Mr. Boaz Byayesu Kabururu and Mr. Richard Kyabihende Nkuru from the United States of America.

    The in-depth engagement at State House Entebbe focused on key issues, namely, savings and investing back home, identifying markets across North America for Ugandan products, promoting and increasing tourism to Uganda, countering misinformation and promoting Uganda’s image, attracting investors to Uganda, facilitating skills and technology transfer, and advocating for strategic unity of all Ugandans abroad.

    The team presented a strategic framework aimed at strengthening the bond between Uganda and its global diaspora while enhancing national development efforts.

    The President pointed out possible areas of investment, such as establishing low-cost housing in the areas near the industrial parks to save Ugandans the burden of trekking long distances to and from work.

    According to President Museveni, the industrial parks such as Namanve, Mukono, Kapeeka, Mbale, and others employ thousands of workers who are struggling with accommodation.

    “These industrial parks are capturing big populations, and low-cost houses would help us so that these people just walk to their workplaces,” President Museveni said.

    About saving and investing back home, the diaspora team emphasized the need to encourage structured savings and collective investment.

    Proposals included launching Diaspora-led cooperative investment schemes, real estate ventures, and SMEs to tap into Uganda’s fast-growing sectors.

    President Museveni welcomed this initiative, noting that channelling foreign remittances into productive enterprises is vital for national wealth creation.

    Mr. David Matanda informed President Museveni that they are orienting fellow colleagues in smart ways of saving, such as opening up fixed deposit accounts, which would generate 10 to 15% annual interest, and also investing in stock markets and real estate.

    “All those are wonderful ideas, because treasury bills are secure money, where the government borrows from the public and then gives you interest, for sure. So, this is a smart move,” said President Museveni as he welcomed the move.

    On the issue of identifying markets across North America and connecting consumers for Ugandan products, the team pledged to actively scout for niche markets for Ugandan goods such as coffee, vanilla, tea, crafts, and agricultural produce. By establishing diaspora-led trade channels, they aim to bridge supply chains and connect Ugandan producers directly to consumers and retailers abroad.

    President Museveni encouraged this approach, describing it as a step towards export-led industrialization. He also urged the diaspora to invest in commercial agriculture back home, especially crops and fruits that are on high demand in Europe, such as passion fruits.

    Mr. Brian Kwesiga, a former President of the Uganda North American Association (UNAA) based in Washington, DC, informed President Museveni that he had already secured an importer’s license to import alcoholic beverages, such as wine and spirits, into the United States.

    About promoting and increasing tourism to Uganda, the delegation committed to boosting Uganda’s visibility as a prime tourism destination through digital marketing, diaspora-led tours, and partnerships with travel influencers.

    President Museveni noted that tourism is a key pillar in the economy and welcomed all efforts to increase visitor numbers.

    Ms. Brenda Nangasha requested President Museveni for land to establish state-of-the-art lodges in the national parks so as to attract more tourists, who will, in turn, counter the negative publicity about Uganda abroad.

    “We have worked with the ruler of Sharjah in the UAE to build an international Airport and hotels at his cost. So, you’re right, these are the ones who will tell their colleagues to ignore the bad publicity,” President Museveni noted.

    “But it’s better if you lure those indigenous African people there to come and visit Uganda. Our climate and the food are very good. Everyone who comes here does not want to return,” he added.

    President Museveni also officially recognized the group as the principal NRM Diaspora Cadres Initiative, tasked with coordinating all diaspora engagement efforts moving forward.

    “The endorsement marks a significant milestone in formalizing diaspora contributions toward Uganda’s development agenda,” Team leader Byayesu said.

    The meeting marks a renewed commitment by the government to actively involve the Ugandan diaspora in national development and global advocacy. The endorsed team is expected to begin immediate implementation of their action points, working closely with key ministries and agencies.

    Distributed by APO Group on behalf of State House Uganda.

    MIL OSI Africa –

  • MIL-OSI United Kingdom: New Scottish Technology Council

    Source: Scottish Government

    Expert advisers to help drive economic growth.

    An expert group will assist Ministers on how to maximise the economic benefits of Scotland’s multi-billion technology sector.

    A new Scottish Technology Council will help shape policy, provide a link between businesses and the Scottish Government and promote Scottish tech companies on the international stage.

    The tech sector is already a significant economic asset and employer. Latest figures show Scotland’s 6,800 information and communication technologies enterprises alone employed 67,800 staff in 2022 while the wider life sciences cluster supported 46,900 jobs in the same year.

    Council membership includes industry leaders and academics with a range of experience in international markets, including health and life sciences, financial services, data and AI, advanced manufacturing and space.

    Ahead of the council’s first meeting on Tuesday, Minister for Business and Employment Richard Lochhead said:

    “Innovation is part of Scotland’s DNA. It is embedded in our culture and our society – and it has the potential to turbocharge our economy. From leading the industrial revolution to television, ultrasound and pioneering renewable technology, Scotland’s inventions have helped shape the world around us and transformed industries and lives.

    “Our goal is to help Scotland become a leading tech nation. To ensure the world recognises our pioneering spirit as not just a thing of the past, but as a vital part of our future and to create an environment where businesses and entrepreneurs can flourish, develop new technologies and drive meaningful change.

    “Our world is increasingly fast-paced and the council will provide valuable insight from vastly experienced leaders in their fields, who have built their careers at the cutting edge, as we strive to support the sector to deliver high value jobs for generations of Scots, boost international trade and increase our tax revenue to deliver vital public services.”

    Background

    The initiative fulfils a Programme for Government commitment to establish a council of global business and academic experts to advise government on applying and benefiting from emerging technological trends.

    The council will be chaired by the Minister for Business and Employment. Membership comprises:

    • Prof. Qammer Abbasi, CEng, SMIEEE, FRSA, FEAI, FIET, FRSE, Professor of Applied Electromagnetics & Sensing with the James Watt School of Engineering, University of Glasgow.
    • Dr. Caroline Barelle MBA, CEO, Elasmogan which specialises in Biotechnology, Life Sciences, Medical technology, Regenerative medicine
    • Michael Boniface, CEO, Kythera AI.
    • Catriona Campbell MBE, AI Partner at Ernest Young and Chair of the Scottish AI Alliance.
    • Sherry Coutu CBE, Senior Independent Non-Executive Director, Raspberry Pi Trading
    • Gerard Cunningham, Board Member, Stem, Inc.  30 years’ experience in Silicon Valley.
    • Sheila Flavell CBE, President TechUK.  32 years operating within the international IT space.  
    • Sheryl Newman, Founder and CEO, Appetite for Business – Board Member, ScotlandIS.  
    • Prof. Peter Proud, CEO and Founder, Forrit.
    • Prof. Michael Rovatsos, Professor of Artificial Intelligence, University of Edinburgh
    • Jim Rowan, Former CEO of Volvo, Former CEO of the Dyson Group and Former COO of Blackberry.
    • Prof. Ifor Samuel, Professor of Physics, University of St Andrews.
    • Dr Graham Spittle CBE FBCS FRSA   Dean of Innovation, University of Edinburgh.
    • Prof. Melissa Terras (MBE FREng), Professor of Digital Cultural Heritage, University of Edinburgh
    • Elizabeth Vega OBE, CEO, Informed Solutions.

    MIL OSI United Kingdom –

  • MIL-Evening Report: Israel’s attacks on Iran are already hurting global oil prices, and the impact is set to worsen

    Source: The Conversation (Au and NZ) – By Joaquin Vespignani, Associate Professor of Economics and Finance, University of Tasmania

    The weekend attacks on Iran’s oil facilities – widely seen as part of escalating hostilities between Israel and Iran – represent a dangerous moment for global energy security.

    While the physical damage to Iran’s production facilities is still being assessed, the broader strategic implications are already rippling through global oil markets. There is widespread concern about supply security and the inflationary consequences for both advanced and emerging economies.

    The global impact

    Iran, which holds about 9% of the world’s proven oil reserves, currently exports between 1.5 and 2 million barrels per day, primarily to China, despite long-standing United States sanctions.

    While its oil output is not as globally integrated as that of Saudi Arabia or the United Arab Emirates, any disruption to Iranian production or export routes – especially the Strait of Hormuz, through which about 20% of the world’s oil supply flows – poses a systemic risk.

    Markets have already reacted. Brent crude prices rose more than US 6%, while West Texas Intermediate price increased by over US 5% immediately after the attacks.

    These price movements reflect not only short-term supply concerns but also the addition of a geopolitical risk premium due to fears of broader regional conflict.

    International oil prices may increase further as the conflict continues. Analysts expect that Australian petrol prices will increase in the next few weeks, as domestic fuel costs respond to international benchmarks with a lag.

    Escalation and strategic intentions

    There is growing concern this conflict could escalate further. In particular, Israel may intensify its targeting of Iranian oil facilities, as part of a broader strategy to weaken Iran’s economic capacity and deter further proxy activities.

    Should this occur, it would put even more upward pressure on global oil prices. Unlike isolated sabotage events, a sustained campaign against Iranian energy infrastructure would likely lead to tighter global supply conditions. This would be a near certainty if Iranian retaliatory actions disrupt shipping routes or neighbouring producers.

    Countries most affected

    Countries reliant on oil imports – especially in Asia – are the most exposed to such shocks in the short term.

    India, Pakistan, Indonesia and Bangladesh rely heavily on Middle Eastern oil and are particularly vulnerable to both supply interruptions and price increases. These economies typically have limited strategic petroleum reserves and face external balance pressures when oil prices rise.

    China, despite being Iran’s largest oil customer, has greater insulation due to its diversified suppliers and substantial reserves.

    However, sustained instability in the Persian Gulf would raise freight and insurance costs even for Chinese refiners, especially if the Strait of Hormuz becomes a contested zone. The strait, between the Persian Gulf and the Gulf of Oman, provides the only sea access from the Persian Gulf to the open ocean.

    Australia’s exposure

    Australia does not import oil directly from Iran. Most of its crude and refined products are sourced from countries including South Korea, Malaysia, the United Arab Emirates and Singapore.

    However, because Australian fuel prices are pegged to international benchmarks such as Brent and Singapore Mogas, domestic prices will rise in response to the global increase in oil prices, regardless of whether Australian refineries process Iranian oil.

    These price increases will have flow-on effects, raising transport and freight costs across the economy. Industries such as agriculture, logistics, aviation and construction will feel the pinch, and higher operating costs are likely to be passed on to consumers.

    Broader economic impacts

    The conflict could also disrupt global shipping routes, particularly if Iran retaliates through its proxies by targeting vessels in the Red Sea, Arabian Sea, or Hormuz Strait.

    Any such disruption could drive up shipping insurance, delay delivery times, and compound existing global supply chain vulnerabilities. More broadly, this supply shock could rekindle inflationary pressures in many countries.

    For Australia, it could delay monetary easing by the Reserve Bank of Australia and reduce consumer confidence if household fuel costs rise significantly. Globally, central banks may adopt a more cautious approach to rate cuts if oil-driven inflation proves persistent.

    The attacks on Iran’s oil fields, and the likelihood of further escalation, present a renewed threat to global energy stability. Even though Australia does not import Iranian oil, it remains exposed through price transmission, supply chain effects and inflationary pressures.

    A sustained campaign targeting Iran’s energy infrastructure by Israel could amplify these risks, leading to a broader energy shock that would affect oil-importing economies worldwide.

    Strategic reserve management and diplomatic engagement will be essential to contain the fallout.

    Joaquin Vespignani is affiliated with the Centre for Australian Macroeconomic Analysis, Australian National University.

    – ref. Israel’s attacks on Iran are already hurting global oil prices, and the impact is set to worsen – https://theconversation.com/israels-attacks-on-iran-are-already-hurting-global-oil-prices-and-the-impact-is-set-to-worsen-259013

    MIL OSI Analysis – EveningReport.nz –

  • India on track to become world’s third-largest economy by 2029: Sarbananda Sonowal

    Source: Government of India

    Source: Government of India (4)

    Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal said on Saturday that India is firmly on track to become the world’s third-largest economy by 2029, crediting 11 years of Prime Minister Narendra Modi’s “decisive and corruption-free” governance for triggering an “unstoppable surge” in national development.

    Addressing a press conference in Dibrugarh to mark the NDA government’s 11th anniversary, Sonowal said that India has moved past an era of ‘policy paralysis and dynastic misrule’ and is now being powered by welfare-led development, innovation by the youth, and record-breaking infrastructure expansion.

    He said over 25 crore people have come out of poverty in the last 10 years, a number bigger than the population of many European countries.

    “This is the Modi guarantee – delivery with speed, scale and honesty,” Sonowal said.

    The Union minister added that India’s journey to becoming the fourth-largest global economy is just the beginning.

    By 2029, he said, India will rise to the third spot. “We are building a strong foundation for a Viksit Bharat — a developed, self-reliant India,” he said.

    Sonowal also highlighted India’s booming startup ecosystem, which has grown from 30,000 startups in 2014 to over 1 lakh today.

    “Over 1.7 crore youth are now part of this vibrant startup movement. This is the new India — full of young dreamers and doers,” he said.

    Talking about the development of the Northeast, Sonowal said it has been transformed under the Modi government.

    “Prime Minister Modi has visited the Northeast more than 70 times — more than any other PM in history. He turned a neglected region into a growth engine,” he said.

    According to Sonowal, the recent ‘Rising Northeast’ summit brought in investment promises worth over Rs 4.5 lakh crore.

    He said major infrastructure projects are ongoing, including roads, railways, internet connectivity and modern river ports at Jogighopa, Dhubri, Pandu and Dibrugarh that will connect Assam with global trade routes.

    (With inputs from IANS)

  • Any attempt to threaten India’s sovereignty will face decisive action: Amit Shah

    Source: Government of India

    Source: Government of India (4)

    Union Home Minister Amit Shah on Saturday reaffirmed that national security remains a priority, making it clear that any attempt to threaten India’s sovereignty will be met with decisive action.

    He underscored the government’s firm stance on protecting the nation’s interests. He also emphasised the importance of discipline, ideological commitment, and public service in shaping the future of the party and the nation.

    He was addressing a gathering of the Bharatiya Janata Party’s MP-MLA Training Camp in the scenic hill station of Pachmarhi, Madhya Pradesh, on Saturday.

    Addressing the gathering of over 200 party MPs, MLAs, ministers, and senior functionaries, HM Shah began his speech by paying tribute to former Gujarat Chief Minister Vijaybhai Rupani and others who lost their lives in the unfortunate plane crash in Ahmedabad.

    He acknowledged the contributions of Rupani to the party and the nation, underscoring the BJP’s tradition of selfless service and unwavering commitment to its principles. Reflecting on the BJP’s legacy, Shah highlighted the contributions of leaders such as Shyama Prasad Mukherjee, Pandit Deendayal Upadhyay, Atal Bihari Vajpayee, LK Advani, and Prime Minister Narendra Modi.

    He asserted that the BJP has consistently provided India with leaders of unwavering integrity and dedication. He outlined the vision of a secure, developed, and prosperous India, stating that the Modi government has been actively translating this vision into reality. Over the past 11 years, the government has lifted 26 crore people out of poverty, provided seven crore families with essential amenities, and extended financial assistance to farmers.

    HM Shah also spoke about the BJP’s ideological consistency, stating that from its origins in the Jana Sangh to its present form, the party has remained steadfast in its principles. He expressed confidence that the BJP’s influence will continue to grow, ensuring its presence across the country. The Home Minister urged party workers to recognise that the respect they receive is not personal but a reflection of the party’s values. He encouraged them to remain committed to lifelong learning and to uphold the party’s mission of national service.

    He traced the BJP’s journey from its foundation, recalling how Shyama Prasad Mukherjee resigned from the government in protest against policies that did not align with India’s cultural heritage. One of the key reasons for his resignation was the Nehru-Liaquat Pact, signed in 1950 between India and Pakistan to safeguard the rights of minorities in both countries.

    Mukherjee strongly opposed the agreement, arguing that it failed to adequately protect Hindu minorities in Pakistan while placing undue obligations on India. His resignation marked a significant moment in the BJP’s ideological evolution, reinforcing its commitment to nationalism and cultural preservation.

    HM Shah noted that the party, which began with just 11 members, has now grown to over 11 crore members. He reiterated that the BJP’s struggle has always been for principles rather than electoral victories, citing movements such as the fight against Article 370 and the Ram Janmabhoomi movement. He concluded by reaffirming the BJP’s commitment to Antyodaya, the philosophy of uplifting the poorest sections of society.

    He highlighted the transformation of states once labelled as BIMARU—Bihar, Madhya Pradesh, Rajasthan, Uttar Pradesh, and Chhattisgarh—under BJP governance, demonstrating the effectiveness of decentralised development. The training camp continues with sessions designed to strengthen leadership skills and reinforce the party’s ideological foundation, preparing BJP representatives for future governance and electoral responsibilities.

    (IANS)

  • MIL-OSI Russia: Chinese government allocates 40 million yuan to eliminate the consequences of the typhoon

    Translation. Region: Russian Federal

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

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

    BEIJING, June 15 (Xinhua) — A total of 40 million yuan (about 5.57 million U.S. dollars) has been allocated from the central government’s fund to support emergency rescue and disaster relief efforts in Hainan, Guangdong and Guangxi Zhuang Autonomous Region, the Ministry of Finance said Sunday.

    The financial support is being provided in connection with heavy rains and floods caused by Typhoon Wutip in southern China, according to an official statement.

    The funds, allocated by the Ministry of Finance of the People’s Republic of China and the Ministry of Emergency Management of the People’s Republic of China, will be used for the evacuation and accommodation of victims, the identification and elimination of hazardous factors, and the implementation of measures to prevent secondary disasters.

    Typhoon Wutip, the first typhoon of the year, made landfall in Dongfang, Hainan Province, on Friday evening. It made landfall again in Leizhou City, neighboring Guangdong Province, on Saturday afternoon. -0-

    MIL OSI Russia News –

  • MIL-OSI China: Smart factories power China’s green industrial transformation

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

    Inside an intelligent manufacturing base of Offshore Oil Engineering Co., Ltd. (COOEC) in Tianjin, the scene is far removed from that of a traditional factory.

    Three massive automated welding machines silently go about their work, emitting sparks but no smoke, with no workers in sight.

    Instead, automated guided vehicles (AGVs) and gantry cranes quietly shuttle materials to designated locations. Only a few figures holding controllers among the steel plates and pipes indicate that humans are still steering the operation.

    Seated in front of two computer screens, 38-year-old Li Guochao adjusts parameters on digital work orders, operating the machines remotely with a click of the mouse. “The smart factory makes everything more efficient and cleaner,” he said.

    For Li, the move from a noisy, smog-filled outdoor workspace to a cool, comfortable indoor station felt like a “miracle.” However, his experience is just one part of a broader transformation underway at the 575,000-square-meter base, which houses four intelligent workshops and is spearheading a green revolution.

    China’s manufacturing sector has long been criticized for its reputation as an energy-intensive, polluting, and resource-intensive industry. But since 2012, the country has been actively shifting toward new development models, with green growth at the forefront.

    In the years since, companies like COOEC have embraced energy conservation and emissions reduction as essential components of high-quality development.

    At its fully operational Tianjin base, COOEC has introduced more than 600 pieces of advanced, energy-efficient, and intelligent equipment. Powered by big data and artificial intelligence, these tools enable automated cutting, grinding, assembly and welding in the prefabrication process.

    Plate cutting is now 90 percent automated, and 70 percent of deck panel welding is done automatically, boosting overall productivity by more than 20 percent compared to traditional methods.

    The base also developed China’s first integrated intelligent manufacturing management platform for offshore oil and gas equipment. The streamlined production process helps reduce steel usage by 10 percent.

    “We hope these smart manufacturing efforts will support high-quality development in the traditionally heavy marine equipment sector,” said Wang Jinyuan, deputy general manager of COOEC’s Tianjin Intelligent Manufacturing Company.

    The push aligns with China’s national goals. According to the 14th five-year plan for energy conservation and emission reduction, released by the State Council in 2022, energy consumption per unit of GDP is set to decrease by 13.5 percent by 2025. To meet these targets, manufacturers are turning to digital technology to restructure their production.

    China’s booming digital economy has given manufacturers the confidence to make the leap. The country is now home to more than 30,000 basic-level smart factories, 1,200 advanced-level facilities, and over 230 at the excellence level, covering over 80 percent of major manufacturing industries. The accelerating integration of digital and real economies is driving quality and efficiency.

    In 2023, China made new quality productive forces a national priority, with intelligent, high-end, and green manufacturing forming the backbone of this transformation.

    At the COOEC Tianjin base, this shift is visible at every stage of the production chain, from energy to manufacturing to storage.

    In the smart storage center, deputy manager Wang Xiaoli of the procurement logistics unit taps her phone. Dozens of windows swing open, and the hum of air conditioners fades. “The system detected that outdoor temperature and lighting were optimal, so it recommended shutting off air conditioners to save power,” she said.

    According to the Ministry of Industry and Information Technology, China had cultivated 6,430 green factories as of January 2024. Since 2012, energy consumption and carbon emissions per unit of GDP have fallen by over 26 percent and 35 percent, respectively, making China one of the world’s fastest improvers in energy efficiency.

    With the results of the green transformation becoming increasingly evident, China has set a new goal that by 2030, green development will underpin new industrialization, with green factory output accounting for over 40 percent of total manufacturing output.

    To that end, COOEC is expanding its solar generation capacity. Building on its 1.1 million kWh annual output from rooftop photovoltaics, a second phase is underway. Once connected by the end of this year, the plant will generate 2.6 million kWh annually, covering 25 percent of its electricity needs.

    “As of the end of 2024, more than 140 of our suppliers had earned green certification,” said Tang Lijun, deputy general manager of the COOEC procurement shared center. The company now incorporates green metrics into supplier rankings and has completed over 11,500 green evaluations by 2024.

    “Our aim is to raise awareness and encourage suppliers to pursue green transformation and certification,” Tang said. 

    MIL OSI China News –

  • MIL-OSI Russia: The government has determined the procedure for assigning one-time payments to militiamen of the DPR and LPR who have received disabilities

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    According to the decree of the President, the militias of the Donetsk and Lugansk People’s Republics will be provided with one-time payments depending on their disability group. The resolution on the procedure for their appointment was approved by the Government.

    We are talking about people who took part in military operations as part of the Armed Forces of the Donetsk People’s Republic, the People’s Militia of the Lugansk People’s Republic, military formations and bodies of these republics since May 11, 2014 and who became disabled as a result.

    According to the Presidential decree, those with Group I disabilities will receive a one-time payment of 6.05 million rubles, Group II – 5.2 million rubles, Group III – 4.4 million rubles.

    To receive the payment, you must contact the military commissariat of the municipality, the territorial body of the Ministry of Internal Affairs or the FSB at the place of residence (stay) with a written application. You must also provide an identity document, a certificate from the federal institution of medical and social expertise confirming the fact of disability, a conclusion of the military medical commission and a military ID.

    Payments will be made by the financial departments of the Ministry of Defense, the Ministry of Internal Affairs and the FSB, depending on the departmental affiliation of the military medical commission that issued a conclusion on the presence of a causal relationship between the injury (wound, trauma, concussion) or illness received by the militiaman and his participation in military operations.

    The document will be published.

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

    MIL OSI Russia News –

  • MIL-OSI Europe: EU Fact Sheets – Water protection and management – 13-06-2025

    Source: European Parliament

    Water is essential for human, animal and plant life and for the economy. Its protection and management transcend national boundaries. The EU’s water policy plays a key role in preserving the environment, supported by legislation that safeguards water sources and both freshwater and marine ecosystems. These laws also ensure the cleanliness of drinking and bathing water. The EU Water Framework Directive establishes a legal framework to protect and restore clean water and to ensure its long-term sustainable use.

    MIL OSI Europe News –

  • MIL-OSI USA: SBA Offers Disaster Relief to Florida Small Businesses and Private Nonprofits Affected by May Drought

    Source: United States Small Business Administration

    ATLANTA – The U.S. Small Business Administration (SBA) announced the availability of low interest federal disaster loans to small businesses and private nonprofit (PNP) organizations in Florida who sustained economic losses caused by the drought beginning May 6. 

    The disaster declaration covers the counties of Charlotte, DeSoto, Glades, Hardee, Hendry, Highlands, Indian River, Lake, Lee, Manatee, Martin, Okeechobee, Orange, Osceola, Palm Beach, Pasco, Pinellas, Polk, Sarasota, St. Lucie and Sumter. 

    Under this declaration, the SBA’s Economic Injury Disaster Loan (EIDL) program is available to eligible small businesses, small agricultural cooperatives, nurseries, and PNPs with financial losses directly related to this disaster. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for aquaculture enterprises. 

    EIDLs are available for working capital needs caused by the disaster and are available even if the small business or PNP did not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable, and other bills not paid due to the disaster. 

    “Through a declaration by the U.S. Secretary of Agriculture, SBA provides critical financial assistance to help communities recover,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “We’re pleased to offer loans to small businesses and private nonprofits impacted by these disasters.”  

    The loan amount can be up to $2 million with interest rates as low as 4% for small businesses and 3.62% for PNPs, with terms up to 30 years. Interest does not accrue, and payments are not due until 12 months from the date of the first loan disbursement. The SBA sets loan amounts and terms based on each applicant’s financial condition. 

    To apply online visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services. 

    The deadline to return economic injury applications is Feb. 2, 2026. 

    ### 

    About the U.S. Small Business Administration 

    The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow, expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov. 

    MIL OSI USA News –

  • MIL-OSI New Zealand: Welcoming more visitors from China

    Source: New Zealand Government

    The Government is boosting New Zealand’s attractiveness as a destination for Chinese tourists by improving visa settings and processes.

    From November, New Zealand will trial visa waiver status for Chinese passport holders travelling from Australia with a valid Australian visitor, work, student or family visa, allowing them to visit for up to 3 months. 

    “Our immigration settings play an important role in brightening our country’s economic future. More than 240,000 Chinese visitor visas were granted in 2024, and we want those numbers to grow,” Immigration Minister Erica Stanford says.

    “This will make it easier, cheaper and faster for them to cross the Tasman and visit our shores. The trial will last for 12 months and will be supplemented by further improvements to our immigration processes, making it easier for people applying for a visa.”

    Other changes include: 

    • Immigration New Zealand (INZ) is establishing a dedicated contact centre number and support in China for Chinese ‘Approved Destination Status’ travel agents.
    • New Simplified Chinese web content on the INZ website
    • Visitor Visa applicants will no longer need to have their document translations certified.  This will remove additional translation fees for all Visitor Visa applicants who need to provide translated documents, not only those from China. 

    These complement the five-year multiple entry Visitor Visa already in place and NZ’s current average processing time of five working days visitor visa applications from China

    “China is one of New Zealand’s most important tourism markets, and more international visitors means more bookings in our restaurants, more people visiting our regions and attractions, more jobs being created across the country, and an overall stronger economy,” Tourism and Hospitality Minister Louise Upston says.

    “In the year ended March 2025, visitors from China contributed $1.24 billion to New Zealand’s economy, but there’s still more work to do to grow these numbers and drive further economic growth throughout the country.”

    MIL OSI New Zealand News –

  • MIL-OSI Asia-Pac: Drone tech boosts efficiency

    Source: Hong Kong Information Services

    The Government launched the first batch of low-altitude economy (LAE) Regulatory Sandbox pilot projects in March and these projects are being rolled out progressively.

    Drone drill

    Under the framework of the sandbox pilot projects, CLP Power’s drone team began a beyond-visual-line-of-sight (BVLOS) pilot scheme to inspect overhead lines at a test site in Sai Wan in Sai Kung.

    CLP Power Principal Manager – Logistics & Transport Edward Chan said under the LAE Regulatory Sandbox pilot projects, the Civil Aviation Department (CAD) has relaxed the existing restriction on BVLOS operations to allow a drone to fly beyond a pilot’s line of sight.

    “We submitted four inspection routes to the Government, covering overhead line facilities in some sparsely populated areas and also urban districts.

    “In April, we began the BVLOS operation in one of the pilot sites, which is in Sai Wan of Sai Kung. We carried out a test flight under different scenarios, including manual operation by remote pilots and also automated inspection of our outdoor power facilities. Although Sai Wan is relatively remote, but the signal reception during the trial was smooth.”

    Safety first

    The company has an extensive power transmission and high-voltage distribution network. Overhead lines are in particular more vulnerable to extreme weather and environmental conditions.

    In view of increasing extreme weather events, the company has stepped up drone inspections of outdoor power facilities to ensure a stable power supply.

    Mr Chan explained that most of the company’s outdoor transmission lines and towers are located in remote areas. Each team of engineering staff used to carry out inspections by patrols, covering an average of only around 5km a day, but with the use of drones, they expect a more than four-fold increase in the efficiency of inspections.

    “For emergencies and severe weather conditions, BVLOS operations are particularly crucial because a fallen tree, landslides or road blockages might prevent our engineering staff from reaching the affected area.

    “With the use of BVLOS operations, our engineering staff can operate drones from a safe location, quickly assess the equipment and components in remote areas and hazardous areas, so it can significantly improve the efficiency of maintenance work and also reduce the impact on customers.”

    Law change

    To promote the development of Hong Kong’s low-altitude economy, the Government has started work in various areas, including legislative amendments.

    CAD Operations Officer Nicole Law noted that to tap into the potential of heavier small unmanned aircraft (SUA) the Government is now working to amend the current SUA Order to add a new Category C aircraft to cover unmanned aircraft weighing more than 25kg but not more than 150kg.

    “At the same time, provisions will be introduced in the Air Navigation (Hong Kong) Order 1995 to facilitate the trials of various unconventional aircraft in Hong Kong, such as unmanned aircraft weighing over 150kg, so that the emerging technologies for LAE can be trialled under specified conditions, provided that aviation safety requirements are met.”

    The amendments to the Small Unmanned Aircraft Order and the Air Navigation (Hong Kong) Order 1995 were published in the Gazette on May 23 and the legislative amendment proposals were tabled in the Legislative Council on May 28. It is expected that both amendments will come into effect in mid-July 2025, she added.

    MIL OSI Asia Pacific News –

  • MIL-OSI New Zealand: Help prevent elder abuse

    Source: New Zealand Government

    On World Elder Abuse Awareness Day, Seniors Minister Casey Costello is urging older New Zealanders to safeguard their rights by establishing Enduring Powers of Attorney (EPAs).
    Speaking at Auckland’s first-ever Treasuring Our Seniors Expo, Ms Costello highlighted the need for older people to take proactive steps to protect themselves.
    “Establishing legal protections is an important tool to strengthen the financial position of older New Zealanders and therefore preventing what we know as Elder Abuse. 
    “This abuse is not limited to physical impacts but also arises through loss of financial control and independence.  
    “Setting up an EPA puts the power back into the hands of older people, allowing them to choose someone trustworthy to make decisions if they can’t.
    “This is essential to keeping their voices heard and their rights respected.”
    Ms Costello said elder abuse is often hidden, occurring behind closed doors and inflicted by people who are often well known and even loved by their victims. 
    “It’s a horrible crime because this means the victims of abuse can be reluctant to report the harm that’s occurring.
    “We must break this silence. Every one of us has the power to make a difference. If something doesn’t feel right, don’t ignore it. Trust your instincts and reach out.”
    Immediate, confidential support is available through the Elder Abuse Response Service helpline at 0800 32 668 65 (0800 EA NOT OK).
    ENDS
    About elder abuse
    Elder abuse is a serious issue in New Zealand. Many cases remain hidden due to fear, shame, or lack of awareness.  It is estimated that as many as three-quarters of cases go unreported.
    Abuse can impact anyone regardless of gender, ethnicity, income, or health. Risk factors include isolation, physical or mental challenges, past abuse or trauma, poverty, social exclusion, and experiencing discrimination.
    About EPAs
    An Enduring Power of Attorney (EPA) allows people to appoint someone they trust to make decisions about their personal care and finances if they become unable to do so themselves. 
    There are two types of EPA:

    An EPA for personal care and welfare, covering decisions related to healthcare, accommodation, and personal wellbeing.
    An EPA for Property, relating to financial matters and asset management.

    The individual chooses trusted people to act on their behalf, giving them legal authority to make specific decisions – if the individual can no longer make those decisions themself.
    A lawyer is required to set up an EPA. Options include Public Trust, a family lawyer, or Community Law. Consumer NZ and Sorted have guidance on affordable choices.

    MIL OSI New Zealand News –

  • MIL-OSI USA: Governor Kehoe Signs Special Session Legislation into Law

    Source: US State of Missouri

    JUNE 14, 2025

    Jefferson City — Today, Governor Mike Kehoe signed Senate Bills (SB) 1, 3, and 4 into law following the special session he convened for disaster relief, property tax relief, economic development and business retention, and budget initiatives.

    “We are proud of how the General Assembly came together during this special session to deliver real results for Missourians,” said Governor Kehoe. “We called legislators back to Jefferson City because the stakes were too high to wait—families and communities needed disaster relief, taxpayers deserved certainty, and critical job-saving investments were on the line. Without action, thousands of Missourians would have been left without much-needed support, and the state would risk losing jobs and economic development opportunities that are key drivers for growth—not just for Kansas City, but for our entire state. These investments demonstrate that Missouri is committed to taking care of our own, staying competitive, and backing initiatives that secure long-term economic stability for our communities.”

    SB 1 appropriates $25 million in extraordinary support to the Missouri Housing Development Commission to provide additional emergency aid to low-income households impacted by severe weather. It also allocates $100 million to the Department of Public Safety (DPS) for disaster relief and $50 million to the Department of Higher Education and Workforce Development (DHEWD) for the University of Missouri for the planning, design, and construction of the Radioisotope Science Center at the University of Missouri Research Reactor (MURR). This legislation also provides non-General Revenue funding for a number of critical projects across the state, including:

    • $55 million to the Department of Agriculture (MDA) for new stalling barns at the Missouri State Fair
    • $13.25 million to the Department of Natural Resources (DNR) for State Parks capital improvements
    • $20.6 million to the Department of Conservation (MDC) for conservation projects across the state
    • $800,000 to DPS for Missouri State Highway Patrol (MSHP) Troop A headquarters improvements
    • $12.7 million to the Office of Administration (OA) for a new Troop E crime lab
    • $35 million to OA for national guard facilities
    • $48.1 million to the Department of Mental Health (DMH) for the new Kansas City region 200-bed mental health hospital
    • $2.1 million to OA for Supreme Court building improvements

    SB 3 ensures Missouri remains competitive in retaining major sports teams, while also delivering targeted tax relief for storm-impacted Missourians and supporting long-term economic growth. The legislation includes the following provisions:

    • Show-Me Sports Investment Act: Authorizes the state to partner with professional sports teams to help finance stadium construction through bond payments and one-time tax credits with built-in protections for taxpayers.
    • Tax Credits for Homestead Damage: Creates a tax credit of up to $5,000 for home or renter insurance deductibles incurred due to severe weather damage in a declared disaster area in 2025, with flexible carry-forward and transfer options.
    • Tax Credits for Certain Sporting Events: Updates two different tax credit programs related to amateur sporting events in Missouri, aimed at making them easier to use and more effective at attracting and supporting sports events while making a positive impact on the state’s economy.
    • Property Tax Credit: Requires certain counties to ask voters whether to freeze or modestly cap real property tax increases for eligible homeowners.

    SB 4 streamlines the delivery of disaster housing relief by allowing the immediate transfer of emergency aid to the Missouri Housing Development Commission when the Governor requests a presidential disaster declaration. The legislation also expands existing program eligibility from 50 percent to 75 percent of median household income and removes administrative burdens and costs to expedite aid for Missouri families.

    For additional provisions and more information on the legislation signed into law, click here. To view photos from the bill signing, click this link.

    ###

    MIL OSI USA News –

  • MIL-OSI: Ready Payday Loans offers Emergency Loans for Bad Credit with No Credit Check

    Source: GlobeNewswire (MIL-OSI)

    LONG BEACH, Calif., June 14, 2025 (GLOBE NEWSWIRE) — For individuals facing urgent financial needs, Ready Payday Loans offers fast and reliable access to same-day loans online with no credit check. We are happy to announce our new partnership in June 2025 with lenders across the Nation offering Payday Advance Loans. Whether you’re managing medical bills, unexpected car repairs, or late rent, borrowers can now apply for payday loans online same day with instant approval—even if their credit history isn’t perfect. Our streamlined platform connects consumers with reputable lenders who prioritize speed, security, and simplicity. Below is a breakdown of the 5 same day loan partnerships available.

    Bad Credit Loans & Same Day Loan Options With Guaranteed Approval in June 2025

    Why Payday Loans Are a Smart Solution

    When emergencies arise, time is critical. Same-day loans online provide an immediate lifeline, giving borrowers access to fast cash without requiring a strong credit history. From same-day loans for bad credit to $255 payday loans online same day, the convenience and accessibility of these services make them a top choice in 2025.

    >>Apply for a Same Day Loan Now <<

    Popular Types of Emergency Loans You Can Apply for with Ready Payday Loans

    • $255 Payday Loans Online Same Day – Designed for small, urgent expenses, these loans offer fast approvals and same-day funding with no hard credit checks.
    • Same-Day Loans for Bad Credit – Even with poor credit, you can qualify for personal loans based on your income and ability to repay.
    • Emergency Same-Day Loans – Use these loans for urgent situations like medical emergencies, utility shutoffs, or unexpected repairs.
    • Cash App Loans With Same Day Deposit – Get up to $5,000 transferred directly to your Cash App or linked bank account.
    • Instant Cash Loans Online – Apply in minutes and receive same-day deposits into your account.
    • Same-Day Loans No Credit Check – These options allow you to borrow without impacting your credit score or requiring extensive documentation.

    Ideal for $255 Payday Loans Online Same Day No Credit Check

    For small but critical expenses, Ready Payday Loans connects you with lenders offering $255 payday loans online same day no credit check. The process is simple and fast—apply online, skip the paperwork, and get the funds you need within hours, not days.

    Recommended for Installment Loans for Bad Credit and Quick Deposit

    If your credit score is holding you back, Ready Payday Loans helps you secure same-day loans for bad credit by matching you with lenders who focus on income and employment—not your credit report. Fast deposits and flexible terms make this one of our top-performing services.

    Reliable Emergency Loans with Quick Approval

    Facing an unexpected financial crisis? Get same-day emergency loans with instant approval online from Ready Payday Loans. You’ll receive quick feedback, high approval odds, and funds delivered directly to your bank account, sometimes within the same business day.

    Best for Fast Approval No Credit Check Loans With High Approval Odds

    Our platform specializes in same-day no credit check loans guaranteed approval, ideal for anyone looking to avoid hard inquiries. With a wide network of lenders, we ensure your application is reviewed quickly so you can get approved and funded without delay.

    Great for Borrowing Money via Cash App With Same Day Deposit (Up to $5,000)

    Need access to larger funds fast? You can borrow money from Cash App online with same day deposit—up to $5,000—through Ready Payday Loans. Perfect for both personal and small business needs, this option offers flexibility and rapid disbursement through trusted payment systems.

    Getting Guaranteed Loans With Bad Credit in 2025

    In today’s economy, more Americans are turning to same-day loans for bad credit to handle emergencies. The best way to increase your approval chances is to apply through Ready Payday Loans, where lender decisions are based primarily on your monthly income and financial stability—not your FICO score.

    Contact
    Name: Neil at Ready Payday Loans
    Email: neil@readypaydayloans.com

    Disclaimer: The information provided here is for general informational purposes only. Ready Payday Loans does not offer financial advice. Loan availability and terms vary by state and lender. All services are for U.S. residents only.

    The MIL Network –

  • MIL-OSI: Nimanode Surpasses Crypto Presales, Eyes 10X Growth Post-Launch as Major Investors Flock to the XRP DeFi Landscape

    Source: GlobeNewswire (MIL-OSI)

    LEEDS, United Kingdom, June 14, 2025 (GLOBE NEWSWIRE) — Nimanode, the first no-code AI agent platform built natively on the XRP Ledger (XRPL), is gaining momentum with its ongoing $NMA token presale.

    As investor confidence in AI infrastructure and XRP-based innovation grows, highly anticipated Nimanode (NMA) Presale has so far surpassed expectations, rapidly filling 20% of its softcap which has fuelled intense investor FOMO.

    Nimanode is drawing serious attention from early adopters seeking exposure to the next phase of Web3 automation.

    With anticipation of a major breakout post-launch, early participants are moving quickly to secure $NMA tokens at presale pricing.

    Join $NMA Presale

    Why the XRP Community Is Flocking to Nimanode

    Nimanode is capturing attention for good reason: it’s pioneering zero-code, on-chain AI agents that can automate complex blockchain tasks from deploying smart contracts and managing DeFi strategies to running real-time compliance checks and providing intelligent customer support.

    The platform’s unique value lies in its accessibility. Anyone regardless of coding ability can create and monetize autonomous AI agents, all powered by the speed and cost-efficiency of the XRPL.

    Unlike static automation or off-chain bots, Nimanode agents operate on-chain, interact with smart contracts, and generate on-chain earnings; creating a new form of programmable, decentralized labor.

    Presale Demand Up as Investors Target $NMA for 10X Growth

    Nimanode’s $NMA being the core utility engine of the Nimanode Ecosystem through its usage on the Nimanode Agent Marketplace and Agent Builder was not only what has drawn investors towards it. However with a capped supply of only 200 million $NMA tokens, built-in scarcity and strong long-term value potential are designed into its foundation.
    the core utility engine

    As the market is currently clouded by volatility and corrections, Nimanode’s presale is emerging as a rare bright spot. Sparking strong FOMO across the XRP community and beyond as investors position themselves early in what many believe could be the next 100X breakout on XRPL.

    To put it in perspective, XRP once saw an explosive 137,000% surge during the 2017–2018 bull market. Now, as the XRP ecosystem rebounds—with the token retracing back to $2.20—Nimanode’s emergence offers a timely opportunity to capture investor interest around intelligent automation, agent-powered DeFi, and tokenized real-world utilities built directly on XRPL.

    Market Analysts already predict strong upside upon exchange listing of $NMA as demand for agent-based infrastructure gains traction.

    This is a chance to invest in $NMA before its Listing at 25% higher than Presale value, however whales position for more as they eye a 10X surge on Launch.

    Join $NMA Presale

    Don’t Miss Out Nimanode Presale

    With a total of 90 million $NMA representing 45% of $NMA allocated for the presale, this marks a unique and promising chance to claim early access into one of XRP Ledger’s most innovative projects, spearheading the AI ecosystem on the blockchain.

    Joining in the NimaNode Presale is quite straightforward

    Purchase XRP: Acquire XRP from reputable exchanges like Binance, Coinbase, or Bybit

    Send to an XRP-Compatible Wallet: Ensure you have a non-custodial wallet capable of receiving XRP native tokens Xaman recommended.

    Participate in the Presale: Visit the NimaNode presale page (https://nimanode.com/presale), send your XRP to the provided presale address, and secure your $NMA tokens.

    As Nimanode Presale gains momentum, now is a perfect opportunity to position at the next wave of Blockchain innovation poised for massive gains through the integration of Web3 and AI.

    Connect with Nimanode

    Website: https://nimanode.com

    Twitter/X: https://x.com/nimanodeai

    Telegram: https://t.me/nimanodeAI

    Documentation: https://docs.nimanode.com

    Contact:
    Nick Lambert
    contact@nimanode.com

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9691b2d8-cd8d-4daf-be45-417ac134a139

    The MIL Network –

  • MIL-OSI: UPDATE — Ready Capital Corporation Declares Second Quarter 2025 Dividends

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 14, 2025 (GLOBE NEWSWIRE) — Ready Capital Corporation (NYSE:RC) (the “Company”) announced that its Board of Directors declared a quarterly cash dividend of $0.125 per share of common stock and Operating Partnership unit for the quarter ended June 30, 2025. This dividend is payable on July 31, 2025, to shareholders of record as of the close of business on June 30, 2025.

    Additionally, the Company announced that its Board of Directors declared quarterly cash dividends on its 6.25% Series C Cumulative Convertible Preferred Stock (the “Series C Preferred Stock”), and its 6.50% Series E Cumulative Redeemable Preferred Stock (the “Series E Preferred Stock”).

    The Company declared a dividend of $0.390625 per share of Series C Preferred Stock payable on July 15, 2025, to Series C Preferred stockholders of record as of the close of business on June 30, 2025.

    The Company declared a dividend of $0.40625 per share of Series E Preferred Stock payable on July 31, 2025, to Series E Preferred stockholders of record as of the close of business on June 30, 2025.

    About Ready Capital Corporation

    Ready Capital Corporation (NYSE: RC) is a multi-strategy real estate finance company that originates, acquires, finances and services lower-to-middle-market investor and owner occupied commercial real estate loans. The Company specializes in loans backed by commercial real estate, including agency multifamily, investor, construction, and bridge as well as U.S. Small Business Administration loans under its Section 7(a) program. Headquartered in New York, New York, the Company employs approximately 500 professionals nationwide.

    Contact

    Investor Relations
    212-257-4666
    InvestorRelations@readycapital.com 

    Media Relations
    PR@readycapital.com 

    The MIL Network –

  • MIL-OSI: PFMCrypto’s “1-Day Mining Contract” Sales Surge 76% – $1 Million Giveaway Ignites Community Buzz

    Source: GlobeNewswire (MIL-OSI)

    NEWARK, N.J., June 14, 2025 (GLOBE NEWSWIRE) — PFMCrypto, the global leader in crypto asset management known for its cutting-edge AI mining technology, is entering a new era. The platform’s “1-day contract” product has seen a staggering 76% increase in sales over the past month, fueled by the trust and trial of millions of thousands of users.

    To mark this milestone, PFMCrypto has launched a massive $1 million giveaway, designed to fuel continued growth and reinforce the company’s active role in the trading and crypto communities. Every new user will receive a $10 bonus during this promotional event.

    Campaign page: https://pfmcrypto.net

    AI + Mining: PFMCrypto’s Real-World Impact
    PFMCrypto AI + mining is a remote cryptocurrency mining solution that supports a range of digital assets, Including BTC, LTC, XRP, DOGE. Users can use PFMCrypto’s mining power to earn income without investing in hardware or performing technical maintenance. Through access to high-powered mining farms, PFMCrypto enables users to benefit from ongoing crypto mining rewards as complex blockchain problems are solved in real time.

    Unlike speculative Web3 projects, PFMCrypto offers sustainable crypto asset management plans for traders in the crypto, forex, and futures markets. As the user base expands and monthly performance results continue to climb, the platform is earning trust through real, measurable success.

    May Trading Signal Performance:

    1-day contract strategy: +6.00% return

    5-day contract strategy: +6.15% return

    15-day contract strategy: +20.70% return

    30-day contract strategy: +55.6% return

    These are not hypothetical figures—they’re based on real feedback from millions of users.

    Simple Interface, Transparent Process
    As a continual innovator in the crypto mining space, PFMCrypto delivers a user-friendly experience so even beginners can easily manage their accounts.. Here’s what sets the platform apart:

    – Transparent pricing and returns for all contracts; new users can purchase with a single click.

    – Daily returns credited to users with zero fees—users keep 100% of their earnings, with no hidden costs.

    – 24/7 live support ensures that all inquiries are addressed in real time.

    PFMCrypto supports PCs, mobile phones, and tablets, offering multilingual services to over 9.2 million users in 192 countries and regions.

    Platform Advantages

    – Cutting-Edge Equipment: PFMCrypto uses top-tier mining hardware from manufacturers like Bitmain, Antminer, and other energy-efficient rigs to ensure stable and high-yield mining performance.

    – Legal and Globally Trusted: Operated by FCA-regulated Precision Financial Management (PFM) Ltd, PFMCrypto complies with all UK financial regulations and serves a global user base of over 9.2 million real users.

    – Multi-Crypto Support: Supports settlement in various popular cryptocurrencies including USDT-TRC20, BTC, ETH, LTC, USDC, BNB, USDT-ERC20, BCH, DOGE, SOL (Solana), XRP, and more.

    – Stable Daily Returns: Mining contracts yield daily returns, with principal automatically refunded upon contract expiration to protect investment security.

    – Advanced security protocols: PFM Crypto uses cold wallet storage, 2FA and smart contracts to ensure safety.

    – Affiliate Program: Invite friends and earn referral bonuses of up to $18,999.

    Limited-Time Offer: Claim Your $10 Bonus
    The bonus campaign runs until the full $1 million pool is distributed. New users who sign up before June 30 can claim their $10 reward immediately.

    About PFMCrypto
    PFMCrypto is operated by Precision Financial Management Ltd, a UK-registered and FCA-regulated entity (Company No. 11719896), headquartered in Leyland, England. Founded in 2018, PFMCrypto represents a new category of crypto platform—data-driven, performance-focused, and widely trusted. Backed by a global community of successful users, it stands out as one of this year’s most compelling digital asset opportunities for investors and traders seeking substance over hype.

    Full details and access: https://pfmcrypto.net

    Media Contact:

    Amelia Elspeth
    PFMcrypto
    info@pfmcrypto.net

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/7d9ed186-1618-426f-aa68-f67a7fa0e3c8

    https://www.globenewswire.com/NewsRoom/AttachmentNg/41687fbb-9ae4-47c8-987e-46179efb953a

    The MIL Network –

  • Structural reforms in last 11 years reshaped India’s macroeconomic fundamentals: FM Sitharaman

    Source: Government of India

    Source: Government of India (4)

    Structural reforms implemented over the last 11 years under Prime Minister Narendra Modi’s leadership have reshaped India’s macroeconomic fundamentals, Finance Minister Nirmala Sitharaman said on Saturday. 

    India’s emergence as the fastest-growing major economy is anchored in several favourable factors and is closely linked to the strengthening of balance sheets across key sectors — banks, corporates, households, the government, and the external sector — the Finance Minister wrote in a media article.

    “The transformation of the Indian economy over the last 11 years — from a twin-deficit problem to a five-balance-sheet advantage — is the result of concerted policy efforts under PM Modi’s leadership,” Sitharaman posted on social media platform X.

    She further stated, “When we came to power in 2014, the foremost priority was growth revival, as India was then considered part of the ‘Fragile Five’ economies.”

    “Structural reforms were introduced, including the GST, IBC, RERA, and during the pandemic years, the PLI Scheme and ECLGS to help credit-worthy MSMEs survive the Covid shock. Likewise, infrastructure and asset creation — neglected for decades — were revived,” the Finance Minister emphasised.

    From the digital payment revolution driven by UPI (which recorded over 185 billion transactions in FY25) to the entrepreneurial enthusiasm seen in the uptake of MUDRA loans (cumulative disbursements of over Rs 33 lakh crore to 53 crore+ loan accounts), “the last 11 years have shown the heights our economy can reach when we combine trust-based governance with systematic regulatory easing and the expansion of public goods,” she stressed.

    Commerce and Industry Minister Piyush Goyal stated earlier this month that India’s FDI inflows now originate from 112 countries, compared to 89 in 2013–14 — underscoring the country’s rising global appeal.

    India’s FDI success story is not only about impressive numbers but also reflects visionary reforms, policy clarity, and the global community’s trust in the country’s economic future, he noted.

    IANS

  • MIL-OSI Russia: Feature Story: Green Hope for “Tears of Central Asia”

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian –

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

    TASHKENT, June 14 (Xinhua) — In late May, Wang Ping, a researcher at the Xinjiang Institute of Ecology and Geography of the Chinese Academy of Sciences, arrived in the western city of Nukus, Uzbekistan, to participate in joint research with the Aral Sea International Innovation Center. He can no longer count how many times he has visited the city near the Aral Sea. This time, he and his colleagues brought two “treasures”: halophyte seeds (plants that easily adapt to life in saline soils) and solar panels.

    The Aral Sea, located in central Eurasia on the border of Kazakhstan and Uzbekistan, was once the fourth-largest lake in the world. Since the 1960s, under the influence of numerous factors such as increased human use of water and climate change, it has been rapidly drying up, shrinking by more than 90 percent. The shoreline has retreated, the soil has become more saline, and a desert of over 50,000 square kilometers has formed in its place. The Aral Sea has become a symbol of the catastrophe, known as the “tears of Central Asia.”

    The ecological crisis of the Aral Sea has caused not only a shortage of water resources, but also huge rock formations have formed on the seabed, causing dust and salt storms that damage vast territories. Desertification, soil salinization, loss of biodiversity – all this has a significant negative impact on the ecology and economy of the countries in the region. In April 2010, then UN Secretary General Ban Ki-moon, after visiting the Aral Sea, said that its drying up was “one of the worst ecological disasters on the planet.”

    For many years, scientists from China and Uzbekistan have been working together to find solutions to the Aral Sea’s environmental crisis, from joint scientific expeditions and soil reclamation to the creation of model regions where water-saving cotton-growing technologies are used.

    “Water shortage, soil salinization, lack of modern agricultural technologies and related systems – these are all acute problems holding back the development of Central Asia,” Wang Ping said.

    This time, Wang Ping brought to Nukus seeds of more than ten types of halophytes (saltwort, saxaul, wormwood, etc.), hoping to successfully grow them in laboratory conditions and then mass-produce them around the Aral Sea to restore biodiversity and combat salinization and dust storms.

    Wang Ping also told Xinhua that several months ago, the Xinjiang Institute of Ecology and Geography delivered about 1.5 tons of halophyte seeds to Tashkent for use in a salt-tolerant botanical garden that experts from the two countries are preparing to jointly develop. “These seeds will not only be directly used for saline land reclamation and ecological restoration, but also lay the foundation for local botanical diversity reserves, research and development.”

    “It’s cloudy today, which is good for field work. Let’s try to complete the drip irrigation of this experimental halophyte demonstration field,” says Wang Ping. In another Aral Sea town, Muynak, Wang Ping and his colleagues are installing a water-saving drip irrigation system in a field and leading a local cooperation team that is installing photovoltaic panels to harness solar energy for the halophyte irrigation system.

    In the past two years, Chinese researchers have been promoting the “integration, testing and demonstration project of applying photovoltaic technology to the management of the Aral Sea ecological environment.” In Nukus, the Xinjiang Institute of Ecology and Geography and the Aral Sea International Innovation Center launched a pilot project on cotton cultivation with an integrated solar energy, water and fertilizer system last year. With the help of membrane drip irrigation for cotton, photovoltaic generation and an intelligent integrated water and fertilizer supply machine, intelligent drip irrigation and fertilization of fields were realized, which led to an increase in cotton yield by more than three times, and the cost and water consumption were significantly reduced.

    The diligence of Chinese experts and the development prospects opened up by Chinese technology impressed many local farmers and agricultural experts. Local parliament members sent a letter of thanks to the Xinjiang Institute of Ecology and Geography and expressed hope for establishing long-term cooperation and expanding the experimental zone with funding from the Uzbek side.

    “The Aral Sea’s environmental crisis is a common problem for the region, and no country can cope with it alone,” said Uzbek political commentator Sharofiddin Tulaganov, noting that cooperation between Uzbekistan and China in the environmental management of the Aral Sea has already yielded noticeable results, and China’s contribution deserves respect.

    “This is not only about environmental management of the Aral Sea, but also about practical manifestations such as improving people’s well-being and building trust. By jointly promoting green and innovative development, we not only strive to restore the ecological environment of the Aral region, but also create a bright future of sustainable development for all of Central Asia,” he noted. –0–

    MIL OSI Russia News –

  • MIL-OSI: GA (Int’l) Capital Management Limited Issues Statement Regarding SFC Restriction Notice

    Source: GlobeNewswire (MIL-OSI)

    HONG KONG, June 14, 2025 (GLOBE NEWSWIRE) — GA (Int’l) Capital Management Limited confirms that the Securities and Futures Commission (SFC) of Hong Kong issued a temporary restriction notice on June 6 2025, pursuant to Sections 204 and 205 of the Securities and Futures Ordinance (SFO). This action follows an incident involving a mainland China-registered corporate client who submitted fraudulent tax documentation during compliance onboarding.

    GA (Int’l) Capital Management Limited was inadvertently misled by the false documentation. Upon detection, the Firm acted immediately to terminate the relationship, notify authorities in mainland China, and report the matter to the SFC.

    The restriction temporarily prohibits the firm within the jurisdictions of Hong Kong SAR and mainland China from:

    • Conducting any regulated activities for which it is licensed without prior written consent of the SFC;
    • Dealing with or disposing of relevant property, except for operational expenses, and only with prior written notification and approval.

    “The Firm must not engage in any regulated activities in Hong Kong or on behalf of clients domiciled in mainland China without prior written consent of the Commission,” said Kenneth Leung, Director of Intermediaries Supervision at the SFC.

    “The restriction does not apply to international clients or transactions conducted outside of the aforementioned jurisdictions.”

    “We understand the commercial sensitivity of the matter and acknowledge that the Firm has acted cooperatively and transparently at all times. Based on the preliminary review, the Commission expects this matter to be concluded within the coming weeks, subject to final documentation clearance and procedural checks. While regrettable, this protocol must be observed in accordance with our statutory obligations. We appreciate your cooperation and professionalism during this interim period.”

    Required Compliance Protocol (Per SFC Directive):

    Until the restriction is lifted, the following procedures apply:

    1. For any new or existing client domiciled in Hong Kong or mainland China, the Firm must submit to the SFC:

    • Full KYC/AML documentation, including beneficial ownership and tax certification;
    • Source of wealth/funds declarations;
    • All supporting due diligence or corporate verification records.

    2. No new trades or transactions may be executed for these clients until the required documents are received, reviewed, and approved in writing by the Commission.

    3. The Commission reserves the right to request additional information on a case-by-case basis.

    Key Clarifications:

    • The restriction is strictly limited to Hong Kong and mainland China and has no effect on GA’s global operations, which remain fully active and compliant.
    • All client assets remain safeguarded under custodial protections and standard operating procedures.
    • The matter stems from a third-party client violation, not from any fault or misconduct by the Firm.
    • GA has strengthened its internal onboarding and verification protocols in response.

    GA (Int’l) Capital Management Limited remains committed to full regulatory compliance, transparent cooperation with oversight authorities and uninterrupted service to its global client base.

    About GA (Int’l) Capital Management Limited

    GA (Int’l) Capital Management Limited is a Hong Kong-based, SFC-regulated financial services firm offering asset management and securities advisory to high-net-worth and institutional clients across Asia, the Middle East, and Europe. The firm is recognized for its disciplined investment strategy, robust compliance culture, and client-focused service.

    For inquiries, please contact:

    Kirk Doast, Chief Securities Lawyer

    GA (Int’l) Capital Management Limited

    Email: Kirk.Doast@gacapitalm.com

    Phone: +852 3002 3446

    Website: https://gacapitalm.com/

    Disclaimer: This press release is for informational purposes only and does not constitute financial advice. GA (Int’l) Capital Management does not guarantee investment outcomes or returns. Clients should seek professional advice tailored to their needs before making financial decisions.
    This content is provided by GA (Int’l) Capital Management Limited. The statements, views, and opinions expressed in this column are solely those of the content provider. The information shared in this press release is not a solicitation for investment, nor is it intended as investment, financial, or trading advice. It is strongly recommended that you conduct thorough research and consult with a professional financial advisor before making any investment or trading decisions. Please conduct your own research and invest at your own risk.

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8d26ac31-7980-4565-8f1d-7578a1969744

    The MIL Network –

  • MIL-OSI: Zinemx Exchange: Upgrading Operational Management System and Building an International Team

    Source: GlobeNewswire (MIL-OSI)

    DENVER, June 14, 2025 (GLOBE NEWSWIRE) — Amid the trend of mainstream financial institutions restructuring their human resources systems, Zinemx Exchange has drawn on industry experience to complete a team restructuring and further optimize its operational management system, accelerating its expansion into international markets. David Reynolds, Founder and CEO of Zinemx, emphasized that an efficient team and a compliant management system are essential, and that the new operational structure will provide strong support for the international development of the platform.

    Zinemx Exchange has strengthened interdepartmental collaboration and introduced more professionals with backgrounds in international finance and blockchain technology. The new team members come from leading financial institutions and technology companies, bringing extensive experience in market operations, technology development, and international regulatory compliance.

    David Reynolds stated, “This team restructuring will enable Zinemx to better adapt to international regulatory requirements and drive the sustained growth of the platform business scale.”

    The internationalization strategy of Zinemx Exchange is advancing rapidly. The platform plans to establish multiple regional offices in North America, Europe, and Asia, and further expand into the Middle East and South American markets to meet the growing demand for crypto trading from users worldwide.

    While expanding into international markets, Zinemx Exchange is also actively applying for financial licenses in various regions to ensure legal operations globally. By working closely with local regulatory authorities, Zinemx is committed to providing investors with a compliant crypto trading environment.

    As the global crypto market continues to evolve rapidly, Zinemx Exchange will keep optimizing its operational management system to maintain the platform vitality and competitiveness. Through this team restructuring and the enhancement of its operational framework, Zinemx is progressing toward becoming a more mature and internationalized platform.

    Looking ahead, Zinemx Exchange will actively advance its global crypto business footprint, contribute to the compliance process of the crypto industry, and leverage cutting-edge technological innovation to provide a superior trading experience for investors worldwide, enabling more people to enjoy the benefits and value of crypto asset trading.

    Media contact: support@zinemx.org

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/33ddb626-2be2-4a98-87a4-f9aa9cc7d1c0

    The MIL Network –

  • MIL-OSI Africa: United Nations (UN) Women Launches a Multi-County Care Policy to Recognize and Support Unpaid Care Work

    Source: Africa Press Organisation – English (2) – Report:

    Download logo

    “This policy has finally put words to the struggle I have faced for years. I care for my aging mother and three grandchildren while running a small business. Now, I feel seen and supported.” — Jane Mutheu, Caregiver and Small Business Owner, Kitui County.

    In a stride toward gender equality and women empowerment, UN Women Kenya successfully launched the Evidence to Policy for Kenya Care Economy project in three counties — Kitui, West Pokot, and Laikipia to reshape Kenya’s care infrastructure. The project, supported by the Gates Foundation, seeks to address the burden of care work, which is often shouldered by women. It aims to ensure that care work is recognized, reduced, rewarded, redistributed, and represented to foster a more inclusive society.

    Kenya’s National Care Policy — the second of its kind in Africa after Cape Verde — is a transformative model for addressing structural gender inequality. 

    The Policy seeks to transform how unpaid and paid care work is recognized, valued, and addressed in Kenya. At its core, the policy aims to recognize, reduce, and redistribute unpaid care work and reward and represent paid care work through decent work and social protection mechanisms.

    Unpaid care work, though vital for the physical, emotional, and social well-being of children, the elderly, persons with disabilities, and the ill, often goes unrecognized. In Kenya, women spend an average of 4–5 hours a day on unpaid care work compared to just one hour by men according to the Kenya National Bureau of Statistics (KNBS). This imbalance not only contributes to time poverty but also reinforces broader gender inequalities, limiting women’s access to education, employment, leadership, and income.

    The Evidence to Policy project builds on the foundation of Kenya’s 2023–2026 UN Women Strategic Note, which prioritizes economic empowerment and gender-responsive governance. With the care economy largely dependent on unpaid and unrecognized female labor, this project seeks to create equitable systems that support all caregivers, especially those from vulnerable backgrounds.

    The project introduces the Care Diamond framework — government, civil society, private sector, and households — as key actors in delivering and sustaining care systems.

    In West Pokot, UN Women Kenya Country Representative, Ms. Antonia Sodonon, accompanied by implementing partner Village Enterprise led the launch. The implementing partner works with grassroots communities to integrate care considerations in economic development initiatives.

    Laikipia County was part of the local rollout, implemented in partnership with Hand in Hand Eastern Africa (HiH-EA). Community dialogues here focused on balancing caregiving responsibilities with income-generating opportunities.

    In Kitui County, UN Women Kenya’s Deputy County Representative, Dan Bazira, alongside the Governor Dr. Julius Makau Malombe, senior, Anglican Development Services Eastern (ADSE) and the State Department for Gender and Affirmative Action took part in the launch. The gathering aimed to advance inclusive dialogue, promote awareness, and deepen understanding of care work’s impact on women’s participation in public life.

    “This policy is not just about women. It’s about families, economies, and building resilient societies,” said Mr. Bazira, emphasizing the importance of stakeholder collaboration. “It’s a groundbreaking model on the continent—one that promotes the 5Rs of unpaid care work: Recognize, Reduce, Redistribute, Represent, and Reward.”

    Through this policy, the Government of Kenya is taking a critical step to correct that imbalance. It will guide the collection of time-use data, promote investment in public services like childcare and eldercare, and push for decent work conditions for paid care workers. This initiative aligns with global commitments under SDG 5.4 and national frameworks such as the Constitution of Kenya, Vision 2030, and the Bottom-Up Economic Transformation Agenda (BETA), specifically the President’s 9-Point Agenda on Women.

    Government Buy-In and Bold Commitments

    In Kitui, Governor Malombe committed to aligning county development plans with the care policy. “Care work fuels our communities, yet it’s invisible in our budgets and policies. This must change. We are investing in Early Childhood Development, centers, water access, and GBV recovery centers because we know care is foundational,” he said.

    The Director of the State Department for Gender, Ms. Grace Wasike, urged further action: “We must train domestic workers, build support systems for the elderly and disabled, and strengthen our collaboration across all government levels.”

    Implementing Partners Driving Local Impact

    In all counties, funded by Gates Foundation and supported by UN Women, grassroots partners are at the heart of the project. ADSE in Kitui is engaging communities to build care-responsive programs. Village Enterprise in West Pokot is integrating care into livelihoods. HiH EA in Laikipia is promoting gender-responsive technologies like kitchen gardens and time-saving tools.

    “This care policy is a promise — that women’s unpaid labor is not a given, but a choice we must honor, value, and support,” concluded Elizabeth Obanda, Women’s Economic Empowerment Team Lead, UN Women Kenya.

    The policy is expected to usher in system-wide changes in how care is organized and shared—between the state, private sector, families, and communities. By addressing care work, it lays the foundation for inclusive economic growth, gender equality, and social protection—ensuring women and girls have the time, resources, and opportunities to thrive.

    The launches marked a milestone in translating Kenya’s National Care Policy into action at the county level, engaging communities, governments, and development partners in making visible the invisible labor that sustains households and economies. The county-level launches are a first step in what UN Women hopes will become a nationwide movement.

    – on behalf of UN Women – Africa.

    MIL OSI Africa –

  • MIL-OSI: The Power Behind BACXN: A Global Elite Team Driving Platform Innovation and Breakthroughs

    Source: GlobeNewswire (MIL-OSI)

    DENVER, June 14, 2025 (GLOBE NEWSWIRE) — BACXN has recently completed the global assembly and strategic restructuring of its core team, officially launching a comprehensive upgrade covering technology development, security and risk management, and market expansion. This milestone marks the platform transition from a regional startup to global collaborative operations. Supporting this transformation is a core team spanning blockchain, fintech, cybersecurity, and global markets. They not only bring professional expertise but also drive the continuous evolution of BACXN with a systematic vision.

    Technology can be replicated, and products can be imitated, but true long-term value is built by a team with foresight and practical action. The BACXN founder, John Matthews, holds a Master in Computer Science from MIT and previously served as a researcher at Google DeepMind and Head of Fintech at Goldman Sachs. He has integrated AI modeling logic into on-chain system design, achieving fusion at the levels of security, performance, and strategy—laying a solid and intelligent technical foundation for the platform.

    The technical backbone responsible for implementation comes from companies like Stripe, Square, and Polkadot. They have developed a high-concurrency matching engine, multi-chain wallet, and on-chain asset management framework, ensuring the platform operates efficiently, stably, and with evolutionary flexibility.

    In compliance and risk control, former security experts from Palo Alto Networks and Visa have established zero-trust mechanisms, multi-signature architectures, and dynamic auditing systems, providing end-to-end protection for platform operations.

    The international expansion of BACXN is spearheaded by a marketing team with experience at OpenSea, Animoca Brands, and McKinsey. They are adept at multilingual strategies and localized operations, accelerating its rapid penetration and trust-building in Southeast Asia, the Middle East, Europe, and beyond.

    This multidisciplinary team—spanning finance, technology, security, and marketing—is not just a group of executors, but builders of systemic competitiveness. They support trust through technology, connect users with vision, and refine experiences through robust mechanisms, serving as the driving force behind the BACXN progress.

    BACXN firmly believes that behind a trustworthy platform must stand a team worthy of trust. Looking ahead, we will continue to drive innovation with professionalism, expand boundaries with a global strategy, and build a more robust bridge of value in the digital finance era.

    Media Contact: support@bacxn.org

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