NewzIntel.com

Category: Economy

  • MIL-OSI: Bitget’s Blockchain4Youth Celebrates Two Years of Youth-Driven Innovation

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, May 26, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, is excited to celebrate the 2nd Anniversary of Blockchain4Youth. With over 8,000 participants globally and more than 3,000 certificates issued, the program continues to empower the next generation with the knowledge and tools needed to shape the future of blockchain and Web3 innovation.

    The initiative’s success is anchored in its mission to bridge the knowledge gap between emerging technologies and youth audiences, particularly students, young developers, and aspiring entrepreneurs. Through the flagship initiative Bitget Builders, Bitget announced its global expansion through a series of offline engagements, inviting crypto enthusiasts from various backgrounds to co-build the Bitget ecosystem while unlocking insights, event access, and growth opportunities.

    Over the past year, Blockchain4Youth has collaborated with universities and educational institutions worldwide, including top institutions in North America, APAC and other regions. In March 2025, Blockchain4Youth saw itself at the centre of Google Developer Group’s “Build with AI” Hackathon, speaking and inspiring 130 bright student minds, exploring the intersection of blockchain and AI.

    Now entering its third year, Blockchain4Youth has expanded to over 70 countries and regions, reaching out through a series of educational partnerships, hackathons and online courses. With over 80+ campus lectures, Blockchain4Youth has made its mark in growing education and awareness around this emerging tech. This growth shows Bitget’s longstanding commitment to making blockchain knowledge accessible and inclusive while creating real-world impact.

    “Over the last two years, Blockchain4Youth has evolved from an idea into a global movement,” said Vugar Usi Zade, COO of Bitget. “We hold strongly onto the belief that the future is in the hands of the youth and we are thrilled to see how many young people have taken initiative to learn, build, and contribute to the Web3 space. As the blockchain industry continues to mature, it becomes essential to build a more inclusive and innovative digital future, and I believe the answer lies in the next generation.”

    Bitget remains committed to empowering global youth through impactful initiatives that foster innovation, education, and community building in Web3. As Blockchain4Youth enters its third year, it continues to serve as a cornerstone of Bitget’s broader mission to drive mainstream blockchain adoption through education and supporting youths.

    To find out more about Blockchain4Youth, please visit here.

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

    Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

    For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

    For media inquiries, please contact: media@bitget.com

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/bb4e4a58-2b8f-4450-8047-58180921d5c3

    The MIL Network –

  • MIL-OSI Europe: Written question – Compensation for livestock farmers in Thessaly – Delays in payment – E-001985/2025

    Source: European Parliament

    Question for written answer  E-001985/2025
    to the Commission
    Rule 144
    Nikolaos Anadiotis (NI)

    Following the devastating floods of September 2023 in Thessaly, the European Commission approved significant financial support to Greece, aiming to relieve those affected and restore agricultural and livestock activity.

    Specifically, the following provision was made: a) EUR 43 million through the agricultural reserve for direct compensation to farmers and livestock farmers[1], b) EUR 101.5 million through the EU Solidarity Fund, with an advance payment of EUR 25.3 million approved in January 2024[2] and c) full coverage of damages to livestock and facilities, according to statements by the competent Minister of Rural Development.

    However, significant delays have been recorded in the payment of compensation to affected farmers. The 2nd equal instalment of just EUR 12.7 million was paid in March 2024[3], which raises reasonable questions about the efficient and timely use of European funds.

    In light of the above:

    • 1.Have the Greek authorities kept the Commission informed of progress and the reasons for the delays in the payment of compensation?
    • 2.Is the Commission monitoring the implementation of the relevant support measures and, if so, does it intend to request that the procedures be accelerated?
    • 3.In the event of continued delays on the part of the national authorities, does the Commission intend to provide further support or intervene?

    Submitted: 17.5.2025

    • [1] https://www.globaltradealert.org/state-act/83177/greece-european-commission-approves-compensation-package-for-farmers
    • [2] https://www.ekathimerini.com/economy/1247120/e101-5-mln-in-eu-aid-for-thessaly/
    • [3] https://www.archyde.com/thessaly-12-7-million-euros-were-paid-to-farmers-and-breeders-2024-03-25-215834/
    Last updated: 26 May 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Written question – New Israeli bill seeking to impose 80 % tax on foreign donations to NGOs – E-001979/2025

    Source: European Parliament

    Question for written answer  E-001979/2025
    to the Commission
    Rule 144
    Chloé Ridel (S&D), Erik Marquardt (Verts/ALE), Barry Andrews (Renew), Estelle Ceulemans (S&D), Rima Hassan (The Left), Cecilia Strada (S&D), Alessandra Moretti (S&D), Mélissa Camara (Verts/ALE), Maria Walsh (PPE), Vladimir Prebilič (Verts/ALE), Marco Tarquinio (S&D), Mounir Satouri (Verts/ALE), Sandro Ruotolo (S&D), Leila Chaibi (The Left), João Oliveira (The Left), Francisco Assis (S&D), David Cormand (Verts/ALE), Nora Mebarek (S&D), Bruno Gonçalves (S&D), Thijs Reuten (S&D), Catarina Martins (The Left), Marit Maij (S&D), Annalisa Corrado (S&D), Pierre Jouvet (S&D), Matjaž Nemec (S&D), Nikos Papandreou (S&D), Tineke Strik (Verts/ALE), Pierfrancesco Maran (S&D), Irena Joveva (Renew), Javi López (S&D), Krzysztof Śmiszek (S&D), Alessandro Zan (S&D), Murielle Laurent (S&D), Damien Carême (The Left), Sandra Gómez López (S&D), Marta Temido (S&D), Leire Pajín (S&D), César Luena (S&D), Nela Riehl (Verts/ALE), Marc Botenga (The Left), Nicolás González Casares (S&D), Anna Strolenberg (Verts/ALE), Emma Rafowicz (S&D), Pasquale Tridico (The Left), Kai Tegethoff (Verts/ALE), Hilde Vautmans (Renew), Hana Jalloul Muro (S&D), Sérgio Gonçalves (S&D), Cynthia Ní Mhurchú (Renew)

    The Israeli Parliament has approved new legislation imposing an 80 % tax on foreign government funding to Israeli civil society organisations, while exempting government-supported organisations. This bill would effectively shut down many Israeli human rights groups and humanitarian NGOs carrying out crucial work, including in the occupied Palestinian territories (OPT), such as B’Tselem and Breaking the Silence.

    These NGOs have long been targeted by Israel’s right wing.  Almost all of them receive foreign funding, including from the EU and its Member States.

    This is unprecedented attack on Israeli civil society and democracy globally.

    • 1.How does the Commission intend to follow up on the recent announcement by the Vice-President of the Commission / High Representative of the Union for Foreign Affairs and Security Policy, Kaja Kallas, with regard to an increase in financial support for Israeli human rights groups targeted by the NGO bill?
    • 2.In view of the serious human rights violations committed by the Israeli Government, will the Commission move forward with considering the suspension of the EU-Israel Association Agreement?
    • 3.Does the Commission intend to take countermeasures against pressure groups defending the interests of the Israeli Government to the EU?

    Submitted: 16.5.2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Written question – Community funds for financing and strengthening the Transport Equivalent measure – E-001977/2025

    Source: European Parliament

    Question for written answer  E-001977/2025
    to the Commission
    Rule 144
    Emmanouil Kefalogiannis (PPE)

    Supporting island life – with particular emphasis on small islands – should be a priority. Using every means and financial tool, regional development should be promoted, local micro-economies stimulated, services and opportunities provided to the island world upgraded and inequalities between island and mainland Greece eliminated.

    A valuable measure to this end (especially nowadays, when the cost of living on the islands is very high) is the Transport Equivalent (TE). This measure, which has to date been financed exclusively from national resources, aims to contribute substantially to reducing the high transport costs borne by islanders. However, it has become clear that meeting needs exceeds national budgetary capabilities, with significant delays in the payment of aid. The Transport Equivalent measure remains outside the European framework for supporting island life, although it is fully aligned with European cohesion policies. In this context, manufacturing bodies have proposed its inclusion in European programmes, such as the Just Transition Programme 2021-2027, the Cohesion Fund and the European Regional Development Fund, etc.

    In view of this:

    • 1.What measures does the Commission intend to put in place to support island life?
    • 2.Which Community funds can finance the Transport Equivalent measure?

    Submitted: 16.5.2025

    Last updated: 26 May 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Sweden: EIB finances major expansion of Stockholm metro – one of Europe’s largest urban transport projects

    Source: European Investment Bank

    EIB

    • The European Investment Bank (EIB) is providing approximately 400 million euro in additional financing to the Region of Stockholm and the City of Stockholm.
    • The project, which will affect four municipalities, involves 30 km of new tracks, 18 metro stations, and the expansion of a depot.
    • This is one of the largest metro expansion projects currently underway in Europe.

    The European Investment Bank (EIB) is stepping up its support for a project to expand the Stockholm metro by providing additional loans to the Region of Stockholm and the City of Stockholm. The EIB will provide a total of SEK 4.5 billion in financing, which equates to around €400 million. Including these new loans, the EIB has provided a total of over SEK 12 billion (more than €1 billion) for the project in Sweden’s capital.

    The project to expand the Stockholm metro is one of the largest infrastructure projects in Sweden to have been funded by the European Union and is the largest investment that the EIB has ever made in public transport in Sweden.

    EIB Vice-President Thomas Östros said: “This investment boosts both sustainable mobility and regional development. By providing an additional loan, we are demonstrating our long-term commitment to climate-smart investments in Europe’s growing cities. This project is an excellent example of how EU funding can benefit both people and the climate.”

    The metro project involves three new 30-kilometre sections in the Region of Stockholm, of which 20 kilometres will be in double-track tunnels, as well as 18 new stations. 130 500 housing units will be built along these new sections.

    The project will be implemented in the municipalities of Stockholm, Nacka, Solna and Järfälla. This initiative is essential to provide sustainable and efficient public transport to meet the needs of the growing population. 730 000 people currently use public transport in the county every day.

    Region of Stockholm Director-General Emma Lennartson said: “The EIB’s support is essential for investment in the metro expansion project. Continuing to invest in, and rely on, public transport is an effective way of reducing greenhouse gas emissions in the Region of Stockholm.”

    Lennartson also added:

    “With the City of Stockholm and our other partners in the county, we are working hard to reduce greenhouse gas emissions by 12% every year, which is necessary for the county to do its part to meet the objectives of the Paris Agreement. Investing in the metro will help to increase our chances of reaching carbon neutrality by 2045.”

    The new EIB loan is divided between the two borrowers:

    • SEK 2.5 billion will go to the Region of Stockholm
    • SEK 2 billion will go to the City of Stockholm.

    City of Stockholm Director-General Fredrik Jurdell said: “The EIB’s continued commitment to this financial partnership reaffirms the importance of the metro expansion project for sustainable growth in the capital and the surrounding areas. The new metro meets the needs of future generations in terms of transport and mobility, but also with regard to housing, given that housing units will be built as part of the project.”

    Significant efforts to boost sustainability are at the heart of the project to expand the Stockholm metro. Ceequal, a leading certification system for civil engineering projects, has completed an audit of the project. Several parties involved in the project received the ‘Excellent’ rating – the highest possible rating. This highlights how ambitious the project is with regard to the environment and sustainable development, going beyond legal and sector-specific requirements.

    Background information  

    EIB 

    The European Investment Bank (ElB) is the long-term lending institution of the European Union, owned by its Member States. Built around eight core priorities, we finance investments that contribute to EU policy objectives by bolstering climate action and the environment, digitalisation and technological innovation, security and defence, cohesion, agriculture and bioeconomy, social infrastructure, high-impact investments outside the European Union, and the capital markets union.  

    The EIB Group, which also includes the European Investment Fund (EIF), signed nearly €89 billion in new financing for over 900 high-impact projects in 2024, boosting Europe’s competitiveness and security.  

    All projects financed by the EIB Group are in line with the Paris Climate Agreement, as pledged in our Climate Bank Roadmap. Almost 60% of the EIB Group’s annual financing supports projects directly contributing to climate change mitigation, adaptation, and a healthier environment.  

    Fostering market integration and mobilising investment, the Group supported a record of over €100 billion in new investment for Europe’s energy security in 2024 and mobilised €110 billion in growth capital for startups, scale-ups and European pioneers. Approximately half of the EIB’s financing within the European Union is directed towards cohesion regions, where per capita income is lower than the EU average.

    High-quality, up-to-date photos of our headquarters for media use are available here.

    MIL OSI Europe News –

  • MIL-OSI Europe: EU Fact Sheets – European System of Financial Supervision – 23-05-2025

    Source: European Parliament

    The European System of Financial Supervision is a system of EU agencies that aims to ensure consistent and coherent micro- and macro-prudential financial supervision in the EU. It includes the national supervisors, the three European supervisory authorities (EBA, ESMA and EIOPA) and the European Systemic Risk Board. There is a separate fact sheet (‘Financial Services Policy’) on the material rules that apply to the financial sector. After the ESFS had been created, the European Central Bank, as part of the Single Supervisory Mechanism, was appointed to directly supervise the largest banks within the Banking Union (2.6.5). For the material rules that apply to the financial sector, see the fact sheet on the EU financial services policy (2.6.13).

    MIL OSI Europe News –

  • MIL-OSI Russia: HSE scientists find out how continuing a career at alma mater affects young researchers

    Translation. Region: Russian Federal

    Source: State University Higher School of Economics – State University Higher School of Economics –

    Many young scientists in Russia continue their academic careers at the same university where they studied. This path is called inbreeding. Institute of Education HSE University analyzed the impact of inbreeding on publication activity in the natural and exact sciences. It turned out that it is ambiguous and depends on a combination of factors: the university’s geographical location, its financial resources, and the state of the regional academic labor market. An article with the results of the work was published inResearch Policy.

    In Russia, almost every second PhD candidate continues to work at the same university where he or she received their education. This career trajectory is called academic inbreeding. It is believed that such a practice can contribute to the isolation of the scientific environment and a decrease in innovative potential. However, the impact of inbreeding on the productivity of young scientists has not yet been sufficiently studied.

    Junior Research Fellowproject-training laboratory “University Development” HSE University Victoria Slepikh studied the careers of 1,132 Russian scientists who defended their PhD theses in 2012 in the fields of physics, biology, chemistry, and mathematics. To assess scientific productivity, the author used publications in international journals, their citation rate, and the presence of publications in journals in the first quartile (Q1).

    The analysis was conducted at two levels. First, the author looked at all PhD candidates (1,132 researchers) who remained in the academy during the first eight years after defending their dissertation. Among them, the level of academic inbreeding was 61%. It turned out that graduates who changed universities after receiving their degree were, on average, more likely to publish, get into prestigious journals, and have a higher citation rate compared to those who remained working at their alma mater.

    The most pronounced negative effect of inbreeding is observed in universities that do not have a special status, i.e., are not federal, national research universities or participants in state programs to support science. Young specialists from such universities published on average 34% fewer articles indexed by Scopus, and the probability that they will have at least one publication in a prestigious journal was almost half that of mobile scientists.

    According to the author, if a young researcher remains in a university that is weakly involved in scientific activity and has limited resources, he continues to reproduce low-level academic standards. Moreover, monotonous professional experience reduces his competitiveness compared to colleagues who have changed organizations.

    “In prestigious and scientifically oriented institutes, academic inbreeding, as a rule, does not have a noticeable impact on productivity. This is explained by a rich professional environment: the presence of a strong scientific team, modern equipment, stable connections with other organizations and participation in large projects,” explains Victoria Slepikh.

    The author then identified a subgroup of the most productive scientists — 417 people whose number of publications exceeded the median values (from 4 to 6 publications in the first eight years of their academic career). In this sample, the proportion of inbreds was 56%. At the same time, the influence of academic inbreeding on productivity in this subgroup turned out to be minimal and was manifested only in individual cases — among graduates who defended their theses in regions with a saturated academic labor market.

    In regions with a large number of scientific institutions, graduates are more likely to have the opportunity to change jobs. If, in such conditions, continuing a career at an alma mater occurs not by choice but by inertia, this may deprive young researchers of the chance to realize themselves in a more suitable professional environment. In less developed regions, academic inbreeding is usually due to a lack of alternatives. The results of the study confirm the hypothesis: where young scientists have more employment options, working at their home university may negatively affect their scientific results.

    In addition, the study showed differences in the behavior of representatives of different scientific disciplines. For example, mathematicians more often chose mobile trajectories and less often stayed at the universities where they defended their dissertations, while physicists and chemists demonstrated a more pronounced tendency toward inbreeding. The author associates these differences with the nature of the research infrastructure and traditions of publication activity in different fields of science.

    “Inbreeding itself is not a problem. However, its consequences can negatively affect scientific activity, especially in universities without special status or with limited resources. To compensate for the risks of isolation, it is necessary to stimulate academic mobility and expansion of external relations. This could be internships, scientific exchanges, development of partnerships with leading research centers. Such steps will increase not only productivity, but also the quality of the academic environment as a whole,” says Victoria Slepykh.

    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 –

  • Operation Sindoor outreach: Indian delegation briefs South Korea’s leaders, think tanks

    Source: Government of India

    Source: Government of India (4)

    The all-party Indian parliamentary delegation led by Janata Dal (United) MP Sanjay Jha on Monday met Yun Ho-jung, Chairperson of the Korea-India Parliamentary Friendship Group of the Korean National Assembly and think tanks and briefed them on Operation Sindoor, reiterating India’s firm zero-tolerance policy against terrorism.

    The delegation asserted India’s position of making no distinction between terrorists and the country supporting them and sought South Korea’s support for bringing terrorist organisations, perpetrators, and financiers of terrorism to justice.

    Yun reaffirmed South Korea’s strong stand against terrorism, saying that any act of terrorism is unacceptable and cannot be justified, and that there should be no loss of innocent lives due to the same.

    Meanwhile, the delegation also interacted with think tanks and lawmakers in Seoul, conveying India’s strong message of zero tolerance against terrorism.

    The Indian Embassy said in a post on X, “The delegation apprised them about the heinous terrorist attack in Pehalgam and the subsequent precise, measured, responsible, and non-escalatory response made by India. They further reiterated India’s firm zero-tolerance policy against terrorism and made no distinction between terrorists and the country supporting them. They also highlighted India’s ‘No First Use Policy’ and rejection of any nuclear blackmail. They conveyed our resolute stance to respond firmly to any act of terrorism”.

    The Embassy added that the participating South Korean think tanks condemned the terrorist attack and extended their solidarity with India, as well as its zero-tolerance policy against terrorism. They also discussed ways in which India, South Korea and the international community can work together to combat terrorism.

    During the interactions, Jha asserted that members from both the ruling and opposition parties from India arrived in South Korea to apprise about the April 22 Pahalgam terrorist attack as part of the Operation Sindoor global outreach campaign.

    “The seven delegations are sent by the Government of India across the world to apprise what happened in Kashmir on April 22, when 26 innocent tourists were gunned down by terrorists in front of their families, segregated on religious lines. All terrorists came from Pakistan, who were trained and financed there, it happened earlier in the 2008 Mumbai attack,” Jha said.

    BJP MP Aparajita Sarangi drew a parallel between South Korea’s tensions with North Korea and the kind of conflict India has experienced with Pakistan, highlighting the terrorist activities.

    “You are having the same kind of war with North Korea that we are having with Pakistan,” she said.

    “What happened should not have happened. I must say, and I don’t believe I’m exaggerating or overstepping, that Pakistan is a habitual offender when it comes to terrorist activities. Since its creation in 1947–48, there has been a continuous series of terrorist actions aimed at destabilising India. They have tried repeatedly, though they have not succeeded. Our Prime Minister has talked about a ‘new normal’ and we solicit your support in this entire war against terrorism,” said Sarangi.

    Additionally, TMC MP Abhishek Banerjee stated that Operation Sindoor on May 7 was carried out in response to the April 22 Pahalgam terror attack by Pak-trained terrorists.

    “Any support extended to Pakistan is effectively support for a terror organisation. Anyone endorsing or defending Pakistan’s actions is, in essence, backing terrorism. Why do I say this? I have compelling reasons. Take the 2008 Mumbai terror attacks, for instance, an incident the world witnessed in horror. A total of 166 innocent people were killed by terrorists, including citizens from 26 different countries, not just India,” he said.

    “The prime accused, who was then arrested by the Indian law enforcement agencies, confessed that he was trained and raised in Pakistan. And when the April 22 Pahalgam terror attack was carried out, we expected Pakistan to do justice and bring the perpetrators to book. India waited patiently and eventually carried out the airstrikes on May 7 after waiting for 14 days. The airstrikes were carried out with such precision that India successfully destroyed nine terror infrastructures without endangering a single civilian life,” Banerjee added.

    The all-party delegation includes MPs from across the political spectrum: BJP MP Brij Lal, CPI(M) Rajya Sabha member John Barittas, and senior Congress leader Salman Khurshid.

    It is a part of India’s global diplomatic outreach campaign to highlight the significance of Operation Sindoor and India’s continued fight against Pak-sponsored cross-border terrorism.

    (IANS)

  • PM Modi calls Operation Sindoor a reflection of India’s cultural values and national resolve

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi, addressing a massive gathering of women in Vadodara, paid tribute to the nation’s armed forces and lauded Operation Sindoor as a powerful reflection of India’s cultural values and emotional resolve in the face of terrorism.
     
    “Operation Sindoor was not just a military action, it was a reflection of India’s values and emotions,” said the Prime Minister, adding that the act of terrorism, where a father was killed in front of his children, had ignited deep anger across the nation.
     
    He emphasized that such attacks are not just assaults on individuals but direct challenges to all 140 crore Indians. In response, PM Modi said he gave full freedom to the Indian armed forces, who executed a historic operation that had not been seen in decades.
     
    “Nine major terror hubs across the border were identified and destroyed in just 22 minutes. Pakistan’s military tried to retaliate but was decisively defeated,” he said.
     
    Saluting the courage and dedication of the armed forces, PM Modi said, “I fulfilled my responsibility as the nation’s leader, and our jawans fulfilled theirs with unmatched bravery. I bow to their valour from this sacred land of Dahod.”
     
    The Prime Minister also underlined that the country born out of the partition has long pursued a hostile approach towards India, seeking to inflict harm through various means. In contrast, India, he said, remains focused on eradicating poverty, boosting the economy, and driving inclusive development.
     
    “A developed India can only be built when both our armed forces and our economy are strong. The government is committed to ensuring national security and economic growth go hand in hand,” he noted.
     
    The Prime Minister said it is a land of sacrifice and dedication. He spoke of Maharishi Dadhichi’s ultimate sacrifice on the banks of the Dudhimati River and how this region supported freedom fighter Tatya Tope in times of crisis. He also highlighted Mangarh Dham as a symbol of the sacrifices made by Govind Guru and hundreds of tribal warriors.
     
    PM Modi praised the people of Dahod for their resilience and commitment to progress. Referring to the newly inaugurated locomotive manufacturing plant, he said this is just a glimpse of the district’s potential.
     
    “I have full confidence in the hardworking people of Dahod. They will make the best use of the new facilities and transform Dahod into one of the most developed districts in India,” the Prime Minister said, concluding his address with heartfelt congratulations to the people of the region.

  • MIL-OSI: PU Prime Drives Coastal Restoration Efforts in Thailand

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, May 26, 2025 (GLOBE NEWSWIRE) — PU Prime, a globally recognised financial services provider, has reaffirmed its commitment to Environmental, Social, and Governance (ESG) principles through a Corporate Social Responsibility (CSR) initiative at the Air and Coastal Defense Command of the Royal Thai Navy (RTN) in Sattahip, Thailand. Held on 22 May 2025, this one-day program focused on restoring coastal ecosystems through three key environmental activities: beach cleanup, mangrove seedling planting, and crab release.

    Driving Environmental Impact

    As part of PU Prime’s ESG framework, the initiative was structured around three key environmental activities designed to contribute meaningfully to the restoration and preservation of coastal ecosystems. Each activity was selected for its ecological relevance and alignment with regional sustainability goals.

    1. Beach Cleanup
    The beach cleanup activity targeted the removal of marine debris and non-biodegradable waste, such as plastic bottles, fishing nets, rope, and other litter found along Sattahip’s shoreline. These pollutants are a growing concern due to their detrimental impact on marine life. Sea turtles, fish, and dolphins are often endangered by such waste, risking entanglement or ingestion that can result in injury or death. By removing this waste, the initiative not only improved the local environment but also contributed to the global fight against marine pollution and microplastics.

    This cleanup effort also highlighted the power of community-driven conservation and the responsibility businesses have in safeguarding biodiversity. It sent a strong message about the importance of collective action in preserving marine habitats and preventing further environmental degradation.

    2. Mangrove Seedling Cultivation
    Another significant part of the initiative involved the planting of Avicennia marina, a species of mangrove well-suited to coastal and brackish environments. Mangroves serve as crucial coastal buffers, protecting shorelines from erosion, storm surges, and saltwater intrusion. They also provide shelter and breeding grounds for a wide range of marine and terrestrial species.

    By planting mangrove seedlings, PU Prime not only supported biodiversity but also contributed to climate mitigation. Mangrove forests are known for their exceptional capacity to sequester carbon, helping absorb atmospheric CO₂. The initiative further educated participants on the ecological, social, and economic value of mangroves—essential ecosystems that support local fisheries, sustain coastal livelihoods, and bolster eco-tourism.

    3. Crab Release
    The crab release component involved the careful reintroduction of native crab species into their natural habitat. This effort was aimed at supporting the regeneration of local marine populations, maintaining ecological balance, and strengthening food web dynamics in the area. Crabs play an essential role in benthic ecosystems by recycling nutrients, aerating sediments, and serving as prey for larger species.

    The release was carried out in collaboration with local environmental coordinators to ensure that species selection and handling adhered to best practices in marine conservation. This activity, while symbolic, formed a tangible part of PU Prime’s effort to promote sustainable marine ecosystems and enhance local biodiversity.

    A Broader ESG Vision

    PU Prime ensured the initiative was well-supported with logistical planning, including transportation, facilitators, necessary equipment, and refreshments. Activities were conducted in line with local environmental guidelines, ensuring minimal disruption and lasting positive impact.

    This CSR program illustrates PU Prime’s broader ESG vision—one that prioritises sustainable practices, ethical leadership, and social responsibility. As the company expands its global footprint, it remains dedicated to initiatives that deliver long-term environmental and societal benefits, reinforcing the belief that sustainability is vital to building a better future for all.

    About PU Prime
    Founded in 2015, PU Prime is a leading global fintech company providing innovative online trading solutions. Today, we offer regulated financial products across various asset classes, including forex, commodities, indices, and shares. Committed to providing advanced technology and educational resources, PU Prime supports traders and investors at every stage, from beginner to professional. With a presence in over 200 countries and exceeding 40 million app downloads, PU Prime is dedicated to enabling financial success and fostering a global community of empowered traders. Discover PU Prime’s latest promotions and join us for a fruitful trading journey today.

    Contact
    PU Prime
    esg@puprime.com

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/e123e8ba-eb6f-456c-9028-821ea8fbd863

    https://www.globenewswire.com/NewsRoom/AttachmentNg/c4da0ffb-715b-44aa-bf9d-df8c66c8b0aa

    https://www.globenewswire.com/NewsRoom/AttachmentNg/bb809a99-e642-453b-aaec-decb7fb5f45c

    https://www.globenewswire.com/NewsRoom/AttachmentNg/f43f83f4-27c6-46e4-ae82-820fda40e017

    The MIL Network –

  • MIL-OSI Asia-Pac: Sharing Knowledge on Clinical Advances at Hospital Authority Convention (with photos)

    Source: Hong Kong Government special administrative region

    The following is issued on behalf of the Hospital Authority:

         The Hospital Authority (HA) Convention 2025 begins today for three consecutive days (May 26 to 28) at the Hong Kong Convention and Exhibition Centre, in both in-person and online formats. This marks the first time the convention has been extended to three days, making it the HA’s largest-scale event to date. Approximately 190 overseas, Mainland and local distinguished speakers will exchange expertise on various healthcare topics with over 8,000 participating healthcare professionals and academics, achieving record-high participation levels.
     
         The HA Convention this year is focusing on the HA’s core values, namely People-centred Care, Professional Service, Committed Staff and Teamwork. Topics include healthcare development, smart hospitals, artificial intelligence, organ transplantation, cancer management, and innovation technology in support of staff training. The HA convention aims to promote the sharing of knowledge and experience on clinical advances and approaches to modern healthcare service, and facilitate exploration and discussion of contemporary concepts among healthcare professionals and stakeholders.
     
         The convention was officially opened this morning by Vice-Minister of the National Health Commission of the People’s Republic of China Professor Cao Xuetao; the Chief Secretary for Administration, Mr Chan Kwok-ki; the Secretary for Health, Professor Lo Chung-mau; the HA Chairman, Mr Henry Fan; and the HA Chief Executive, Dr Tony Ko.
     
         In his address, Mr Chan said that the HA has been continuously reforming and enhancing service efficiency and quality through its professional team and robust management system. Notably, the Institute for Medical Advancement and Clinical Excellence (IMACE), which brings together different areas of expertise from Hong Kong’s healthcare sector, was formally established this May.
     
         “The HA will be very much involved in the IMACE’s research work, collaborating with other major public and private healthcare institutions to collect data and cases for detailed deliberations on clinical practices in the screening, diagnosis, treatment and management of various diseases, evaluating the efficacy of various medical options, and devising clinical guidelines and standards for healthcare professionals. This collective effort aims to enhance Hong Kong’s healthcare service standards for the benefit of patients throughout Hong Kong.”
     
         In his welcome address, Mr Fan said that 2025 marks the commencement of an era of reformation at the HA. A key initiative is supporting the Government’s public healthcare fees and charges reform aimed at rationalising public hospital services, reducing wastage and misuse, and enhancing support for patients with financial difficulties.
     
         Mr Fan said, “2025 is a crucial year for the HA’s reform initiatives. Facing challenges such as an ageing population, an increase of chronic diseases, and rising medical costs, the HA needs to undergo fundamental reforms to meet public needs, enhance service efficiency, and maintain the sustainability of the public healthcare system while building a public healthcare system that meets the needs of the community that enhances the well-being of citizens.”
     
         Additionally, the HA established the Review Committee on the Management of the Public Hospital System last year, proposing 31 recommendations to strengthen governance, enhance accountability, and foster a culture of safety. Building on this foundation, in order to advance reform, the HA further established a high-level Governance and Structure Reform Committee (Reform Committee) last year to provide strategic guidance, oversight, and reform advice to promote the sustainable development of healthcare services.
     
         Mr Fan continued, “Among the many topics that the Reform Committee will be looking into, remuneration structure, financial management and clinical management are particularly crucial. This includes introducing the concept of ‘more contribution, more gain’, with remuneration commensurate with performance and contributions to provide motivation for colleagues, reviewing the financial management system to achieve cost savings, and utilising modern technology to optimise clinical outcomes.”
     
         Delivering his keynote address at the opening ceremony, “Advancing Sustainable Excellence”, Dr Ko reviewed the HA’s 35 years of experience and shared his vision for a sustainable, patient-centred public healthcare system.
     
         “With a rapidly ageing population, swift medical technological advancements, and unpredictable threats of global pandemics, we must remain proactive in driving bold reforms. Digital transformation is central to our strategy in addressing rising healthcare demands. The HA is committed to enhancing digital innovation, integrating big data and artificial intelligence (AI) technologies to improve service efficiency and performance while enhancing both patient and healthcare staff experiences,” Dr Ko said. 
        He said that the HA Go mobile application continues to stand as a transformative patient empowerment platform, significantly improving patient experience through technology. “HA Go now has over 3.1 million registered users, empowers patients with easy access to self care and direct interaction with healthcare services. HA Go streamlines the patient journey through offering seamless features such as outpatient appointment management, registration, payments, digital queuing updates, all accessible within a few clicks. The platform also provides patients with options for medication delivery services, which embodies our patient-centred service mission”, Dr Ko said.
     
         He emphasised, “While technology advances, staff remain the irreplaceable core of quality healthcare services. We are committed to providing our staff members with opportunities for personal growth and professional development. The HA sponsored more than 2,600 staff members to participate in training programmes in various places in 2024/25. Through immersive exchange and training initiatives, our healthcare professionals have gained valuable exposure to diverse clinical practices and perspectives. Such experiences foster mutual learning and encourage broader horizons for all staff.”
     
         In addition to retaining and cultivating existing personnel, Dr Ko said that it is equally important to reach out to new talent from outside. The HA actively recruits non-locally trained doctors and nurses. As of mid-March this year, nearly 300 non-locally trained doctors have joined the HA team, nearly double in comparison to last year. Following the Nurses Registration (Amendment) Ordinance 2024, more than 100 non-locally trained nursing candidates have also been employed, further reinforcing Hong Kong’s clinical capabilities. Over 240 individuals have taken part in expanded clinical exchange programmes, while more than 100 Chinese Medicine practitioners in the HA received training from Mainland experts.
     
         Dr Ko stressed that the HA must highlight the deep collaboration with counterparts in the Mainland, which is vital to the growth and evolution of the local healthcare landscape. A key area of collaboration is enhancing services for major diseases such as cardiac illnesses and strokes. To drive integrated and high-quality care, the HA is establishing chest pain centres and national stroke centres, harmonising treatment protocols and elevating outcomes through national accreditation. The first chest pain centre in Hong Kong at Queen Mary Hospital has been established according to national accreditation standards, further optimising treatment options for cardiovascular patients.
     
         “In line with the Chief Executive’s policy direction to enhance Hong Kong’s healthcare standards, the first batch of public hospitals, including Pamela Youde Nethersole Eastern Hospital and Prince of Wales Hospital, have been awarded accreditation status under the China’s International Hospital Accreditation Standards (2021 Version). To ensure consistent quality improvement across hospitals throughout the Guangdong-Hong Kong-Macao Greater Bay Area, three additional acute hospitals will embark on their accreditation journey in 2025-26, further strengthening their international presence and raising the quality and safety of healthcare services.”
     
         In conclusion, Dr Ko said, “We are living in an era of profound transformation. Let us uphold the spirit that ‘reform is an ongoing journey’, embrace technological innovation, sustain healthcare excellence, optimise resource allocation, and enhance service efficiency and quality to swiftly respond to the community’s evolving needs.” He expressed confidence that with the determination of all members of the HA and the support from the community and partners, the HA will collectively shape a brighter, more sustainable future for in public healthcare.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Fraudulent websites and internet banking login screens related to Standard Chartered Bank (Hong Kong) Limited

    Source: Hong Kong Government special administrative region

    Fraudulent websites and internet banking login screens related to Standard Chartered Bank (Hong Kong) LimitedIssued at HKT 17:20

    The following is issued on behalf of the Hong Kong Monetary Authority:

    The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Standard Chartered Bank (Hong Kong) Limited relating to fraudulent websites and internet banking login screens, which have been reported to the HKMA. A hyperlink to the press release is available on the HKMA website.

    The HKMA wishes to remind the public that banks will not send SMS or emails with embedded hyperlinks which direct them to the banks’ websites to carry out transactions. They will not ask customers for sensitive personal information, such as login passwords or One-Time Password, by phone, email or SMS (including via embedded hyperlinks).

    Anyone who has provided his or her personal information, or who has conducted any financial transactions, through or in response to the websites or login screens concerned, should contact the bank using the contact information provided in the press release, and report the matter to the Police by contacting the Crime Wing Information Centre of the Hong Kong Police Force at 2860 5012.

    Ends/Monday, May 26, 2025
    Issued at HKT 17:20

    MIL OSI Asia Pacific News –

  • MIL-OSI Europe: Answer to a written question – Commission position on the Polish Government’s declaration that Poland will not participate in the implementation of the Pact on Migration and Asylum – P-000699/2025(ASW)

    Source: European Parliament

    The legal instruments of the Pact on Migration and Asylum[1] entered into force in June 2024 and they will enter into application in mid-2026.

    The Asylum and Migration Management Regulation[2] foresees mandatory but flexible solidarity. This means that each Member State has full discretion to choose between the various forms of solidarity, namely relocation, financial contributions and alternative measures (in-kind support).

    Therefore, a Member State may decide to contribute with any form of solidarity, and this would be financial contributions and alternative measures only.

    Moreover, the Pact provides the necessary flexibility to address the needs of Member States, based on their specific migratory situation.

    According to the Asylum and Migration Management Regulation, a Member State could receive solidarity or benefit from a full or partial deduction of solidarity contributions.

    • [1] https://home-affairs.ec.europa.eu/policies/migration-and-asylum/pact-migration-and-asylum_en.
    • [2] Regulation (EU) 2024/1351 of the European Parliament and of the Council of 14 May 2024 on asylum and migration management, amending Regulations (EU) 2021/1147 and (EU) 2021/1060 and repealing Regulation (EU) No 604/2013; OJ L, 2024/1351, 22.5.2024.
    Last updated: 26 May 2025

    MIL OSI Europe News –

  • MIL-Evening Report: Fiji can’t compete with Australia and NZ on teacher salaries, says deputy PM

    By Lydia Lewis, RNZ Pacific presenter/bulletin editor

    Fiji cannot compete with Australia and New Zealand to retain its teachers, the man in charge of the country’s finances says.

    The Fijian education system is facing major challenges as the Sitiveni Rabuka-led coalition struggles to address a teacher shortage.

    While the education sector receives a significant chunk of the budget (about NZ$587 million), it has not been sufficient, as global demand for skilled teachers is pulling qualified Fijian educators toward greener pastures.

    Deputy Prime Minister and Finance Minister Biman Prasad said that the government was training more teachers.

    “The government has put in measures, we are training enough teachers, but we are also losing teachers to Australia and New Zealand,” he told RNZ Pacific Waves on the sidelines of the University of the South Pacific Council meeting in Auckland last week.

    “We are happy that Australia and New Zealand gain those skills, particularly in the area of maths and science, where you have a shortage. And obviously, Fiji cannot match the salaries that teachers get in Australia and New Zealand.

    USP vice-chancellor Professor Pal Ahluwalia, Fiji’s Finance Minister Professor Biman Prasad and Education Minister Aseri Radrodro at the opening of the 99th USP Council Meeting at Auckland University last week. Image: RNZ Pacific/Lydia Lewis

    According to the Education Ministry’s Strategic Development Plan (2023-2026), the shortage of teachers is one of the key challenges, alongside limited resources and inadequate infrastructure, particularly for primary schools.

    Hundreds of vacancies
    Reports in local media in August last year said there were hundreds of teacher vacancies that needed to be filled.

    However, Professor Prasad said there were a lot of teachers who were staying in Fiji as the government was taking steps to keep teachers in the country.

    “We are training more teachers. We are putting additional funding, in terms of making sure that we provide the right environment, right support to our teachers,” he said.

    “In the last two years, we have increased the salaries of the civil service right across the board, and those salaries and wages range from between 10 to 20 percent.

    “We are again going to look at how we can rationalise some of the positions within the Education Ministry, right from preschool up to high school.”

    Meanwhile, the Fiji government is currently undertaking a review of the Education Act 1966.

    Education Minister Aseri Radrodro said in Parliament last month that a draft bill was expected to be submitted to Cabinet in July.

    “The Education Act 1966, the foundational law for pre-tertiary education in Fiji, has only been amended a few times since its promulgation, and has not undergone a comprehensive review,” he said.

    “It is imperative that this legislation be updated to reflect modern standards and address current issues within the education system.”

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

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI USA: New, state-funded water treatment system will eliminate PFAS from Tustin’s drinking water

    Source: US State of California 2

    May 23, 2025

    What you need to know: The City of Tustin received a new water treatment system filtering “forever chemicals,” or PFAS, from local drinking water.

    TUSTIN – As the federal government announces plans to weaken regulation of “forever chemicals” in drinking water, Governor Gavin Newsom today announced the city of Tustin received a new, state-funded water treatment system removing per- and polyfluoroalkyl compounds (PFAS). The new water system was unveiled by the State Water Resources Control Board, the City of Tustin, and the Orange County Water District (OCWD).

    “I’m proud to share the City of Tustin will now receive drinking water clean of ‘forever chemicals’ that have been associated with negative health impacts. As the state works to bring more water systems like the one announced today to fruition, California is leading by example in prioritizing the wellbeing of our communities.”

    Governor Gavin Newsom

    Commonly referred to as “forever chemicals,” PFAS comprise 12,000 human-made substances that have been used for commercial and industrial purposes and persist in the environment. PFAS can accumulate within the human body over time, and have been linked to increased cancer risk and several other health impacts in laboratory studies. 

    “PFAS have only been recognized as a threat to public health relatively recently,” said State Water Board Chair E. Joaquin Esquivel. “But with increasing data substantiating the need to eliminate these compounds from our drinking water, the board is moving quickly to support projects similar to this one.” 

    Since 2022, California has received a total of $269 million from the Bipartisan Infrastructure Law for its Drinking Water State Revolving Fund allocation to help public water systems like Tustin’s provide drinking water that is free from emerging contaminants, such as PFAS. The $29.5 million water treatment system announced today received a $10 million grant from the State Revolving Fund, a federal-state partnership that helps public water systems finance drinking water infrastructure projects. This project also received another $11.5 million in additional federal funding.

    “We are grateful to the State Water Board for this grant to support a new PFAS treatment facility in Tustin,” said OCWD President Denis R. Bilodeau, P.E. “OCWD did not create the PFAS problem, but we are tackling it head on by partnering with our water retailers to build treatment systems to ensure our communities continue to receive drinking water that meets all state and federal standards.” 

    Tustin’s new water system is one of seven led by OCWD to address PFAS in Orange County’s drinking water. The board has provided a total of $28.5 million from the State Revolving Fund to support six other projects. Nearly all of the projects are either complete or nearing completion.

    In addition to providing financial support for water systems, the board has been investigating and assessing the presence of PFAS in water systems and groundwater statewide for several years. Based on this research, it launched protective health advisories for four kinds of PFAS that established response levels and notification levels to ensure transparency and protect human health. Last year, the board expanded testing for PFAS to nearly 4,000 wells in disadvantaged communities and is leveraging this data to map PFAS contamination and inform water treatment strategies. 

    Press releases, Recent news

    Recent news

    May 23, 2025

    News What you need to know: California is providing $56 million in grants to help counties provide services for young adults at risk of homelessness. SACRAMENTO – Continuing California’s success in reducing homelessness in youth, Governor Gavin Newsom and the…

    May 23, 2025

    News What you need to know: Six canine officers joined the force to fight back against crime and drug trafficking — the first class trained from day one to detect fentanyl. Sacramento, California – After months of specialized and intensive training, six K-9 teams…

    May 23, 2025

    News What you need to know: California is helping launch an 11-state coalition that will work together to sustain the transition to affordable clean cars. SACRAMENTO – Governor Gavin Newsom announced today that California would join an 11-state coalition to advance…

    MIL OSI USA News –

  • MIL-OSI China: Chinese premier says China to create more avenues for mutual benefit with Kuwait

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

    KUALA LUMPUR, May 26 — Chinese Premier Li Qiang on Monday said China stands ready to deepen cooperation with Kuwait in such areas as energy, investment, green economy, digital economy and artificial intelligence, creating more avenues for mutual benefit.

    Li made the remarks during his meeting with Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah, crown prince of Kuwait.

    The Chinese premier arrived in Kuala Lumpur on Monday to attend the ASEAN (the Association of Southeast Asian Nations)-GCC (the Gulf Cooperation Council)-China Summit.

    MIL OSI China News –

  • MIL-OSI Economics: Verizon to speak at Cowen TMT Conference May 28

    Source: Verizon

    Headline: Verizon to speak at Cowen TMT Conference May 28

    NEW YORK, N.Y. – Frank Boulben, senior vice president and chief revenue officer for the Consumer Group of Verizon (NYSE, Nasdaq: VZ), is scheduled to speak at the Cowen Technology, Media & Telecom Conference on Wednesday, May 28, at 10:15 a.m. ET. His remarks will be webcast, with access instructions available on Verizon’s Investor Relations website, www.verizon.com/about/investors.

    For details on Verizon’s most recent financial results, view the company’s 1Q25 earnings results here.

     

    MIL OSI Economics –

  • MIL-OSI Economics: Verizon to speak at Cowen TMT Conference May 27

    Source: Verizon

    Headline: Verizon to speak at Cowen TMT Conference May 27

    NEW YORK, N.Y. – Frank Boulben, senior vice president and chief revenue officer for the Consumer Group of Verizon (NYSE, Nasdaq: VZ), is scheduled to speak at the Cowen Technology, Media & Telecom Conference on Wednesday, May 28, at 10:15 a.m. ET. His remarks will be webcast, with access instructions available on Verizon’s Investor Relations website, www.verizon.com/about/investors.

    For details on Verizon’s most recent financial results, view the company’s 1Q25 earnings results here.

     

    MIL OSI Economics –

  • MIL-OSI Asia-Pac: HKPF and DPO jointly organise 9th Inter-departmental Cyber Security Drill to enhance ability of government departments to counter cyber attacks

    Source: Hong Kong Government special administrative region

    HKPF and DPO jointly organise 9th Inter-departmental Cyber Security Drill to enhance ability of government departments to counter cyber attacks 
         Addressing the opening ceremony of the drill, the Commissioner of Police, Mr Chow Yat-ming, said that “The Chief Executive’s 2024 Policy Address”  announced the introduction of a “Three-tier Prevention Framework” to strengthen counter-terrorism efforts. In this connection, a counter-terrorism segment titled “Counter-Terrorism Information Security Awareness Challenge” and the “Cyber Defence (Defense UK spelling) Tournament”, were introduced for the first time this year, aiming to bolster the Government’s overall defense capabilities against cyber terrorism threats and enhance personnel’s ability to handle cybersecurity incidents.
     
         He pointed out that while the Government promotes digitalisation to improve administrative efficiency, it also faces increasingly severe cybersecurity challenges. All government departments must be well-prepared and strengthen inter-departmental collaboration to further prevent cyber incidents and enhance response capabilities, ensuring that Hong Kong continues to play an important and unique role within the national security framework, contributing to social stability and safeguarding national interests.
     
         Addressing the event, the Assistant Commissioner (Project Governance and Cybersecurity) of the DPO, Ms Candy Chan, said that with the continuous development of the digital economy, cybersecurity has become a critical cornerstone for driving efficient government operations and innovation in public services. She hoped that through this exercise, participants would gain hands-on experience in detecting threats, analysing intrusions, and responding attacks effectively, thereby accumulating valuable practical experience and mastering effective strategies to counter real-world cyber threats.
     
         The drill this year included representatives from 71 bureaux and departments, as well as industry experts from six professional and academic institutions. More than 280 personnel participated, setting new records in both scale and attendance.
     
         The counter-terrorism segment, “Counter-Terrorism Information Security Awareness Challenge” was co-ordinated with the support of the Information Security and Technology Application Working Group. It utilised a highly interactive real-time Q&A platform to raise information security awareness and improve decision-making capabilities in responding to cybersecurity threats among senior management and IT security officers across various bureaux and departments.
     
         In addition, the “Cyber Defence Tournament” was conducted in the form of a “blue teams versus red teams” approach, where participants formed “blue teams” to collectively respond to simulated cyber attacks launched by “red teams” composed of cybersecurity industry experts and academics in a virtual network environment.
     
         This drill also serves as a prelude to the second Hong Kong Cybersecurity Attack and Defence Drill which will be held in October this year. The second drill will be further expanded in scale, encompassing more government departments and public organisations. Through the Inter-departmental Cyber Security Drill, participating departments can strengthen their readiness and enhance their response capabilities, laying a solid foundation for the participation in the Hong Kong Cybersecurity Attack and Defence Drills.
     
         The Government will continue to implement various measures to enhance its cybersecurity capabilities in order to ensure all departments can effectively counter cyber attacks and uphold overall cybersecurity.
     
    Issued at HKT 19:44

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI: Bitcoin Solaris Launches Beta Access to Solaris Nova App and Enters Final Phases of Presale

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, May 26, 2025 (GLOBE NEWSWIRE) — Bitcoin Solaris, the next-generation blockchain project powered by the Helios Consensus Mechanism, has officially opened beta access to its Solaris Nova app and is now in Phase 5 of its limited presale. This marks a pivotal moment for the project as it expands accessibility through mobile mining and prepares for full-scale launch.

    Solaris Nova Beta: Mining from Your Smartphone
    The Solaris Nova app introduces one of the most accessible blockchain participation models to date. With just a smartphone, users can mine BTC-S tokens using the app’s intuitive one-click interface eliminating the need for expensive hardware or technical expertise.

    Beta access is currently open to early community members, with wider availability expected in the coming weeks. The app includes an integrated wallet for secure token management and will soon support seamless liquidity features and DeFi compatibility.

    The Game-Changer: Helios Consensus
    At the heart of Bitcoin Solaris’s innovation is the Helios Consensus Mechanism—a hybrid protocol that merges the best of both worlds: the reliability of Proof-of-Work (PoW) and the efficiency of Delegated Proof-of-Stake (DPoS). This dual-layer approach not only enhances decentralization but also slashes energy usage by up to 99.95%.

    Here’s what makes it stand out:

    • Security of PoW ensures robust protection against double-spending and malicious activity.
    • Speed and Scalability of DPoS allow Bitcoin Solaris to process up to 10,000 transactions per second.
    • Fair Mining Access opens participation to anyone with a smartphone through the upcoming Solaris Nova app.

    While Ethereum has focused on gas fee optimization and L2 integrations, Bitcoin Solaris is laying an entirely new foundation—one that could redefine what blockchain access and profitability look like.

    Features that Make Bitcoin Solaris a Wealth Engine
    Bitcoin Solaris is more than a protocol—it’s a complete wealth-building ecosystem. Here’s what gives it an edge:

    • Universal Mobile Mining: Mine BTC-S from your smartphone, tablet, or laptop. No expensive equipment. No technical hurdles.
    • One-Click Interface: The Solaris Nova app simplifies mining with just a tap.
    • In-App Wallet: Securely store and manage tokens without needing third-party tools.
    • Liquid, DeFi-Ready: Solaris tokens are designed for real-world liquidity and future integrations.
    • Energy-Efficient: Reduces consumption without sacrificing decentralization.

    Why Work for Money When BTC-S Can Work for You?

    Beta access to the Solaris Nova app is already underway for early community members. While the official release is pending, there’s still an opportunity to be part of this exclusive test phase.

    Presale Update: Limited Supply, Rapid Growth

    Bitcoin Solaris is currently in Phase 5 of its presale, with tokens priced at $5. The presale has already raised over $1.2 million from more than 8,900 participants, underlining the growing interest in the project’s mobile-first approach and energy-efficient blockchain design.

    • Current Token Price: $5
    • Next Phase Price: $6
    • Launch Price: $20
    • Presale Bonus: 11%
    • Presale Ends: July 31, 2025

    The presale runs only until July 31, 2025, offering a staggering potential return of up to 1,900%. Over 8,900 users have already jumped in, with over $1.2 million raised, making it one of the fastest-growing crypto sales this year.

    To stay updated with the latest announcements and community events, follow Bitcoin Solaris on X or join the vibrant discussions happening daily in their Telegram group.

    Growing Recognition in the Space
    Influencers and crypto analysts are taking notice. A standout review from Token Galaxy dives deep into why Bitcoin Solaris may be the most disruptive project of the year. Their breakdown highlights not just the tech, but the team, transparency, and early community impact.

    And it’s not just influencers. Independent audits from Cyberscope and Freshcoins, along with full KYC verification, reinforce Bitcoin Solaris’s legitimacy in a sea of hype coins.

    Join the Future of Decentralized Participation
    The beta rollout of the Solaris Nova app and the current presale phase represent critical steps in the Bitcoin Solaris roadmap. With its focus on inclusive mining, transparent operations, and sustainable technology, Bitcoin Solaris is building more than a blockchain. it’s creating a movement.

    To join the presale or learn more:

    Media Contact:
    Xander Levine
    info@bitcoinsolaris.com
    Email: 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/a1961200-cc3d-4bbd-854a-cccb4e666cf4
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    The MIL Network –

  • MIL-OSI: Credit unions challenge broken student loan system with revolutionary line of credit approach

    Source: GlobeNewswire (MIL-OSI)

    Washington, DC, May 26, 2025 (GLOBE NEWSWIRE) — CU Student Choice, a credit union-owned organization that helps credit unions deliver private student loan solutions, announced expanded access to its flexible education line of credit product.

    The announcement comes as student debt continues to weigh heavily on millions of families. Traditional private loans often force students to estimate the full cost of their education upfront, a tough ask given how often financial situations and academic paths change midstream.

    Many borrowers end up on online lender marketplaces, dominated by national brands willing to pay big dollars for leads. But Student Choice’s user-friendly CUSelect Finder Tool at StudentChoice.org helps students and families discover line of credit options from credit unions that often go unseen on major comparison sites.

    “The conventional private student loan is fundamentally broken,” said Scott Patterson, President and CEO of Student Choice. “Students are forced to guess their total expenses before the semester even begins, often leading to overborrowing or, worse, coming up short when unexpected costs arise. Our education line of credit model represents a complete paradigm shift — apply once, draw only what you need, when you need it.”

    Traditional Loans Fail to Match Real Student Experiences

    Most private student loans follow a rigid structure that doesn’t reflect how students actually move through college. When classes shift, family budgets change, or unexpected costs pop up, traditional loans often offer little room to adapt — leaving borrowers overextended or stuck without options.

    A Credit Union Model Designed to Flex

    In today’s education landscape, uncertainty is the new normal. Families are facing shifting rules around federal loan programs, unclear policies, and mixed messages. Meanwhile, students still need reliable, flexible ways to cover tuition now — especially when timing and access are critical.

    That’s where the credit union line of credit stands apart. Student Choice’s model allows students to apply once and access funds over multiple academic years, borrowing only what’s needed each term*.  It reduces the need to reapply, helps avoid excess borrowing, and gives students the ability to adjust if their plans or needs change. Funds are available quickly when they’re needed most.

    “It’s time we stop pretending that traditional student loans work,” said Patterson. “This model flips the script. One application, flexible access, and the freedom to borrow on your own terms. It’s built for real life — not for lender convenience.”

    The Real Cost of Inflexible Loans

    When students take out more than they need just to avoid reapplying later, they often end up paying interest on funds they never use. The line of credit approach helps prevent that. It gives students the flexibility to borrow only what’s necessary, when it’s necessary — and if their situation changes, the loan can adapt with them.

    Traditional lenders often design products to maximize profit. Credit unions are offering something different — a borrower-first approach based on trust, flexibility, and long-term value.

    A New Tool to Help Borrowers Explore Their Options

    To help more families find these alternatives, Student Choice recently updated its Finder Tool at StudentChoice.org. The CUSelect Finder Tool makes it easy for users to compare personalized lines of credit—from multiple credit unions the user is likely eligible to join—based on school, timing, and borrowing needs, with no credit check to compare and no obligation to apply.

    “As borrowing decisions grow more complicated and private loan marketing becomes more aggressive, the CUSelect Finder Tool gives students a faster, clearer path to smart options — making informed decisions right from the start and helping them avoid feeling overwhelmed,” added Patterson.

    CU Student Choice

    Founded in 2008 by several of the nation’s leading credit unions and credit union service organizations (CUSOs), CU Student Choice works in partnership with credit unions to deliver innovative solutions that help members responsibly overcome the increasing challenge of higher education affordability.

    With cooperation and a keen focus on the future, the CUSO’s programs have allowed hundreds of credit unions to deliver fair-value private education and refinance loans with corresponding financial education to more than 100,000 families.

    Credit Unions Challenge Broken Student Loan System

    Press inquiries

    CU Student Choice
    https://www.StudentChoice.org
    Mike Weber
    mweber@studentchoice.org
    563-599-1193
    1001 Connecticut Avenue NW, Suite 1001, Washington, DC 20036

    The MIL Network –

  • MIL-OSI Banking: RBI imposes monetary penalty on Murshidabad District Central Co-operative Bank Ltd., West Bengal

    Source: Reserve Bank of India

    The Reserve Bank of India (RBI) has, by an order dated May 22, 2025, imposed a monetary penalty of ₹2.10 lakh (Rupees Two lakh ten thousand only) on Murshidabad District Central Co-operative Bank Ltd., West Bengal (the bank) for non-compliance with the directions issued by RBI on ‘Know Your Customer (KYC)’ and ‘Membership of Credit Information Companies (CICs) by Co-operative Banks’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949 and Section 25(1)(iii) read with Section 23(4) of the Credit Information Companies (Regulation) Act, 2005.

    The statutory inspection of the bank was conducted by the National Bank for Agriculture and Rural Development (NABARD) with reference to its financial position as on March 31, 2024. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions. After considering the bank’s reply to the notice and oral submissions made during the personal hearing, RBI found, inter alia, that the following charges against the bank were sustained, warranting imposition of monetary penalty:

    The bank had failed to:

    1. carry out periodic review of risk categorisation of accounts, with such periodicity being at least once in six months;

    2. conduct periodic updation of KYC of its customers; and

    3. furnish credit information of its borrowers to three Credit Information Companies.

    This action is based on deficiency in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2025-2026/411

    MIL OSI Global Banks –

  • MIL-OSI Economics: RBI imposes monetary penalty on Murshidabad District Central Co-operative Bank Ltd., West Bengal

    Source: Reserve Bank of India

    The Reserve Bank of India (RBI) has, by an order dated May 22, 2025, imposed a monetary penalty of ₹2.10 lakh (Rupees Two lakh ten thousand only) on Murshidabad District Central Co-operative Bank Ltd., West Bengal (the bank) for non-compliance with the directions issued by RBI on ‘Know Your Customer (KYC)’ and ‘Membership of Credit Information Companies (CICs) by Co-operative Banks’. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) read with Sections 46(4)(i) and 56 of the Banking Regulation Act, 1949 and Section 25(1)(iii) read with Section 23(4) of the Credit Information Companies (Regulation) Act, 2005.

    The statutory inspection of the bank was conducted by the National Bank for Agriculture and Rural Development (NABARD) with reference to its financial position as on March 31, 2024. Based on supervisory findings of non-compliance with RBI directions and related correspondence in that regard, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the said directions. After considering the bank’s reply to the notice and oral submissions made during the personal hearing, RBI found, inter alia, that the following charges against the bank were sustained, warranting imposition of monetary penalty:

    The bank had failed to:

    1. carry out periodic review of risk categorisation of accounts, with such periodicity being at least once in six months;

    2. conduct periodic updation of KYC of its customers; and

    3. furnish credit information of its borrowers to three Credit Information Companies.

    This action is based on deficiency in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers. Further, imposition of this monetary penalty is without prejudice to any other action that may be initiated by RBI against the bank.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2025-2026/411

    MIL OSI Economics –

  • MIL-OSI Russia: Urgent: China to Create More Opportunities for Mutual Cooperation with Kuwait – Li Qiang

    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

    KUALA LUMPUR, May 26 (Xinhua) — China is willing to deepen cooperation with Kuwait in areas including energy, investment, green economy, digital economy and artificial intelligence, creating more opportunities for win-win cooperation, Chinese Premier Li Qiang said Monday at a meeting with Kuwaiti Crown Prince Sheikh Sabah Khalid Al-Hamad Al-Sabah.

    Li Qiang arrived in Kuala Lumpur on Monday to attend the ASEAN (Association of Southeast Asian Nations)-GCC (Gulf Cooperation Council)-China summit. –0–

    MIL OSI Russia News –

  • MIL-OSI: Finfra Astra Fintech Launches Canada’s First Solana Accelerator in Partnership with MixMarvel — Named ‘AMS’

    Source: GlobeNewswire (MIL-OSI)

    Key Takeaways:

    • Accelerator with Local Roots: AMS combines Astra’s Solana expertise + MixMarvel’s 10-year Korea footprint to scout/grow top projects.
    • Funding & Ecosystem Boost: Backed by Astra’s $100M fund, AMS empowers Korean Solana startups .
    • Strategic PayFi Expansion: AMS fuels Astra’s payment business and Solana’s Korean adoption, reinforcing its HQ commitment.

    VANCOUVER, British Columbia, May 26, 2025 (GLOBE NEWSWIRE) — Astra Fintech, a Canada-based leader in blockchain-powered Finfra solutions, has partnered with MixMarvel, world’s leading content incubation platform and creators community, to launch AMS – first Canadian Solana Accelerator in Korea. This initiative underscores Astra’s commitment to Korea’s blockchain ecosystem, building on its earlier establishment of a local HQ and its $100M Solana-focused fund.

    AMS: Cultivating Korea’s Most Promising Solana Builders
    The AMS will identify and nurture high-potential Korean startups developing innovative solutions for the Solana ecosystem. Selected projects will gain access to:

    • Funding & Strategic Support: Backed by Astra’s $100M ecosystem fund, including direct investment opportunities.
    • Local & Global Resources: Leveraging MixMarvel’s decade-long expertise in Korea’s gaming and Web3 markets, combined with Astra’s fintech and cross-border payment capabilities (PayFi).
    • “Last Mile” Growth: Hands-on mentorship, technical infrastructure, and go-to-market strategies to accelerate commercialization.

    Why MixMarvel? A Gateway to Korea’s Web3 Ecosystem
    Astra’s partnership with MixMarvel—a platform with nearly 10 years of local influence, a vast creator network, and deep gaming/Web3 content expertise—ensures AMS can tap into Korea’s top talent and resources. This collaboration accelerates Astra’s dual goals:

    • Expanding its PayFi business through blockchain-native payment integrations.
    • Strengthening Solana’s ecosystem with scalable, Korea-born innovations.

    From Seoul to the World: Astra’s Korea-First Strategy
    “AMS Accelerator demonstrates Astra’s conviction in Solana’s potential to redefine global fintech,” said Jamie, Head of Partnership at Astra Fintech. “We’re particularly excited to support Korean innovators who are pushing boundaries in critical areas like Asset Issuing & Launching, Liquidity Providing, Programmable Payment, and Onchain Stock & Option Trading – these will be key focus areas for AMS’s selection criteria. Korea’s vibrant blockchain ecosystem is the ideal launchpad for this initiative, and we’re committed to providing both capital and strategic expertise to help these projects succeed at scale.”

    The accelerator reaffirms Astra’s strategic investments in Korea, including its HQ launch and $100M fund, while aligning with Solana’s vision for mass adoption. Applications for AMS’s first cohort will open soon.

    About Astra Fintech
    Astra Fintech is a Canada-based blockchain finance leader revolutionizing FinFra by bridging traditional and decentralized payments. As a strategic Solana ecosystem partner backed by Multicoin LPs, we deliver secure, borderless PayFi solutions while driving innovation through investments in next-gen financial infrastructure.
    X: https://x.com/AstraFintech

    About MixMarvel
    MixMarvel is the world’s leading blockchain content incubation platform and creator community supported by strong eco solutions and an investment arm. It has been connecting metaverse entrepreneurs, investors and mass users since 2017.

    Contact:
    Connie
    contact@astra.holdings

    Disclaimer: This is a paid post and is provided by Astra Fintech. 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/8ab8d1c6-0ff4-4b92-8c66-f1fa85d8102d

    The MIL Network –

  • MIL-OSI: Siili Solutions Plc: Decision to Commence Share Buyback Programme

    Source: GlobeNewswire (MIL-OSI)

    Siili Solutions Plc: Decision to Commence Share Buyback Programme

    Siili Solutions Plc Stock Exchange Release 26 May 2025 at 15:30 EEST

    The Board of Directors of Siili Solutions Plc (“Siili” or the “Company”) has resolved to commence the repurchase of the Company’s own shares based on the authorisation granted by the Annual General Meeting held on 8 April 2025. The Company may repurchase a maximum of 31,000 shares in one or several instalments, corresponding to approximately 0.38% of the Company’s total number of shares, which amounts to 8,140,263 shares.

    Based on the closing price on the trading day preceding the date of this release, the maximum total consideration for the repurchase corresponds to approximately 193,000 euros.

    At the time of this release, the Company holds a total of 689 of its own shares.

    The repurchases will be carried out using the Company’s distributable equity. The shares will be acquired through public trading arranged by Nasdaq Helsinki Ltd at the market price prevailing at the time of acquisition.

    The repurchases will be conducted in accordance with Article 5 of the Market Abuse Regulation (EU) No 596/2014 and the Commission Delegated Regulation (EU) 2016/1052.

    The Company has appointed Nordea to execute the repurchases in accordance with applicable price and volume limits and other applicable terms. The Company has the right to discontinue the repurchases at any time. The repurchases will commence no earlier than 1 June 2025 and end no later than 31 July 2025.

    The repurchases will be executed otherwise than in proportion to the holdings of the shareholders. The repurchased shares are intended to be used for fulfilments under Siili’s share-based incentive plans, which constitutes a weighty financial reason for the directed repurchase of own shares.

    The Board of Directors has been authorised to decide on the repurchase of up to 814,000 shares in total. The authorisation is valid until the conclusion of the next Annual General Meeting, however no longer than until 30 June 2026.

    For more information:

    Aleksi Kankainen, CFO
    Phone: +358 40 534 2709 
    Email: aleksi.kankainen(at)siili.com 

    Distribution:
    Nasdaq Helsinki Ltd
    Main media
    www.siili.com/fi

    Siili Solutions in brief:

    Siili Solutions Plc is a forerunner in AI-powered digital development. Siili is the go-to partner for clients seeking growth, efficiency and competitive advantage through digital transformation. Our main markets are Finland, the Netherlands, the United Kingdom, and Germany. Siili Solutions Plc’s shares are listed on the Nasdaq Helsinki Stock Exchange. Siili has grown profitably since its founding in 2005. www.siili.com

    The MIL Network –

  • Medium enterprises hold the key to India’s economic future: NITI Aayog report

    Source: Government of India

    Source: Government of India (4)

    The NITI Aayog on Monday released a report titled “Designing a Policy for Medium Enterprises”, emphasizing the strategic importance of medium-sized businesses in driving India’s economic growth. Despite accounting for just 0.3 percent of registered MSMEs, these enterprises contribute nearly 40 percent of the sector’s exports—highlighting their untapped potential and crucial role in fostering innovation, scaling operations, and enhancing global competitiveness.

    The report lays out a six-point roadmap aimed at positioning medium enterprises as central drivers of India’s economic transformation under the government’s Viksit Bharat @2047 vision. It acknowledges that while MSMEs contribute about 29 percent to India’s GDP, 40 percent of exports, and employ over 60 percent of the workforce, the sector is heavily skewed towards micro enterprises. Of all registered MSMEs, 97 percent are micro, 2.7 percent are small, and just 0.3 percent are medium, revealing a significant structural imbalance.

    The report identifies several challenges that hamper the growth of medium enterprises. These include restricted access to tailored financial products, limited adoption of advanced technologies, inadequate research and development support, a lack of sectoral testing infrastructure, and training programmes that are often misaligned with real enterprise needs. Such constraints hinder the ability of medium enterprises to expand, innovate, and compete at scale.

    To overcome these hurdles, the report proposes a comprehensive set of reforms. It calls for the introduction of a turnover-linked working capital scheme, a ₹5 crore credit facility at market rates, and streamlined fund disbursals through retail banks, overseen by the Ministry of MSME. It also recommends upgrading existing Technology Centres into SME 4.0 Competence Centres tailored to specific sectors and regions, and establishing a dedicated R&D cell within the Ministry to support innovation through cluster-based projects of national relevance.

    In addition, the report urges the development of sector-focused testing and certification facilities to ease compliance and improve product quality. It emphasizes aligning skill development efforts with the specific needs of enterprises, by integrating relevant modules into Entrepreneurship and Skill Development Programmes. To improve accessibility, a dedicated sub-portal on the Udyam platform is proposed, offering centralized access to government schemes, compliance resources, and AI-powered support tools.

    The report calls for inclusive, collaborative policy design to unlock the full potential of medium enterprises. With the right support systems in place, medium enterprises can become powerful contributors to India’s innovation, job creation, and export performance, playing a central role in realizing the country’s development aspirations by 2047.

     

  • MIL-OSI Economics: Michael S Barr: Artificial intelligence and the labor market – a scenario-based approach

    Source: Bank for International Settlements

    Thank you for the opportunity to speak to you today. In my remarks, I would like to address a key question facing economists, policymakers, and people all over the world: How will artificial intelligence, particularly generative artificial intelligence, or GenAI, affect workers and the labor market in the years ahead?

    Before I turn to that issue, I’d like to touch on a topic that I expect is also of interest: the outlook for the U.S. economy and the implications for monetary policy.

    The U.S. economy entered this quarter in a relatively strong position: The unemployment rate has been low and stable, and the disinflationary process has continued on a gradual, albeit uneven, path towards our 2 percent objective. Private domestic final purchases have been solid. Overall, the economy has been resilient.

    Against that backdrop, the outlook has been clouded by trade policies that have led to an increase in uncertainty, contributing to declines in measures of consumer and business sentiment. I expect tariffs to lead to higher inflation in the United States and lower growth both in the United States and abroad starting later this year.

    In my view, higher tariffs could lead to disruption to global supply chains and create persistent upward pressure on inflation. Faced with substantial tariffs, businesses will likely change how they source intermediate inputs, and it will take time and investment for them to reroute their distribution networks. Conversely, global trade networks may change rapidly, and some suppliers may not be able to adapt quickly enough to survive these changes. This concern is particularly acute for small businesses, which are less diversified, less able to access credit, and hence more vulnerable to adverse shocks. Small businesses play a vital role in production networks, often providing specialized inputs that can’t easily be sourced elsewhere, and business failures could further disrupt supply chains. As we saw during the pandemic, such disruptions can have large and lasting effects on prices, as well as output.

    MIL OSI Economics –

  • MIL-OSI Canada: Statement by Prime Minister Carney welcoming Their Majesties The King and Queen to Canada

    Source: Government of Canada – Prime Minister

    Today, the Prime Minister, Mark Carney, issued the following statement to welcome Their Majesties The King and Queen to Canada:

    “Today, we are honoured to welcome Their Majesties King Charles III and Queen Camilla to Canada.

    “The Royal Visit is a reminder of the bond between Canada and the Crown – one forged over generations, shaped by shared histories, and grounded in common values. A bond that, over time, has evolved, just as Canada has, to reflect the strength, diversity, and confidence of our people.

    “Tomorrow, His Majesty King Charles III will deliver the Speech from the Throne in the Senate Chamber, nearly 70 years after Canada’s Sovereign first opened Parliament. This historic honour matches the weight of our times. It speaks to our enduring tradition and friendship, to the vitality of our constitutional monarchy and our distinct identity, and to the historic ties that crises only fortify.

    “Canada’s strength lies in building a strong future while embracing its English, French, and Indigenous roots – the union of peoples that forms our bedrock. Canada in the 21st century is a bold, ambitious, and innovative country that is bilingual, committed to reconciliation, and truly multicultural.

    “To that end, the Speech from the Throne will outline the government’s ambitious plan to act with urgency and determination, and to deliver the change Canadians want and deserve: to define a new economic and security relationship with the United States, to build the strongest economy in the G7, to bring down the cost of living, and to keep communities safe.”

    MIL OSI Canada News –

  • MIL-OSI: CSGO Gambling Sites: Thunderpick Recognized as the Best CSGO Gambling Site in the US

    Source: GlobeNewswire (MIL-OSI)

    New York City, May 26, 2025 (GLOBE NEWSWIRE) — Thunderpick has been recognized as the top CSGO gambling site in the US, earning high praise for its innovative platform and user-centric approach.

    Its seamless integration of unique features and a variety of betting options makes it an industry leader for CSGO enthusiasts.

    JOIN THUNDERPICK NOW

    With a 100% match first deposit bonus of up to $600, Thunderpick provides new players with a rewarding entry point into the CSGO gambling experience. This recognition solidifies its position as a trusted destination for online gaming and esports betting.

    Overview of Thunderpick, the Top CSGO Gambling Site in the US

    Thunderpick has established itself as a premier platform for CSGO gambling, catering to players looking for exceptional esports-focused offerings. Its services are designed to provide a secure, immersive, and enjoyable experience for users. Aside from offering the latest betting markets on CSGO matches, the platform also features innovative tools such as live betting and community chats that enhance player engagement.

    The platform attracts players not only with its 100% first deposit bonus but also with its user-friendly interface, which ensures a smooth experience across devices. Thunderpick’s efforts to continuously innovate have made it a standout option for esports fans.

    “Thunderpick’s recognition as a top CSGO gambling site in the US is a testament to our dedication to providing a world-class experience to competitive gaming enthusiasts,” a representative from the platform said. “We are proud of the trust we’ve built within the gaming community and remain committed to delivering the best features and services to our users.”

    Pros of Thunderpick

    • Generous 100% first deposit bonus of up to $600.
    • Extensive betting markets for CSGO matches and other esports events.
    • Live betting options with updated odds in real time.
    • User-friendly platform with high responsiveness on mobile and desktop.
    • Reliable customer support accessible 24/7.

    Cons of Thunderpick

    • Certain regions may have limited access to Thunderpick features.
    • Some promotional offers may include wagering requirements.

    CLAIM YOUR 100% MATCH BONUS OF UP TO $600 AT THUNDERPICK

    How to Join CSGO Gambling Sites in the US

    Getting started with Thunderpick is simple and straightforward. Follow these steps to begin betting on CSGO matches:

    • Visit Thunderpick’s official website.
    • Sign up for an account by providing the necessary information on the registration page.
    • Verify your account through a confirmation email sent to you upon registration.
    • Make your first deposit to claim the 100% match bonus up to $600.
    • Start betting on your favorite CSGO events and enjoy a thrilling experience.

    What Made Thunderpick the Best CSGO Online Gambling Site in the US

    Thunderpick has consistently demonstrated its ability to stand out in the CSGO betting scene thanks to several unique strengths. Below are six points outlining what truly sets the platform apart.

    1. Diverse Betting Markets

    Thunderpick covers a wide spectrum of CSGO tournaments, from high-profile international events to smaller regional leagues. This variety allows users to stay engaged with various competitions and explore new betting opportunities regularly. The extensive range of markets ensures that both casual players and seasoned bettors find options tailored to their interests.

    2. Innovative Live Betting Features

    Live betting is a highlight on Thunderpick, enabling users to place wagers as matches unfold. With frequent odds updates and dynamic options, players can capitalize on in-game developments to enhance their betting strategy. This real-time functionality allows users to stay immersed in the competitive action, whether they are watching or following match updates.

    3. Intuitive Interface

    One of Thunderpick’s key achievements is its sleek, intuitive platform. Its interface is easy to navigate across both desktop and mobile devices, ensuring players of all experience levels can bet seamlessly. The well-organized design minimizes unnecessary complexity, allowing users to focus on the excitement of the games.

    4. Reliable Promotions for New Players

    The 100% first deposit bonus of up to $600 gives new users a major incentive to explore the platform’s robust offerings right from the start. Additional seasonal and event-based promotions further enhance the value provided to both new and returning players, keeping the experience fresh and engaging.

    5. Secure and Transparent Operations

    Advanced encryption technology ensures player data and transactions remain secure, creating an environment where users can confidently place bets. Transparency in terms of conditions further strengthens trust, ensuring that players fully understand the platform’s policies and offerings.

    6. Supportive Community Features

    Thunderpick fosters a community-oriented experience, featuring chatrooms and forums where users can connect, discuss matches, and share predictions. The community-driven approach encourages players to exchange strategies and insights, cultivating a sense of camaraderie among esports enthusiasts.

    A satisfied player commented, “CSGO betting has never been this exciting for me! Thunderpick delivers everything I need, from live betting to amazing bonus rewards. It’s user-friendly, and I always feel secure while using the site.”

    Betting Options at American CSGO Gambling Sites Online

    Thunderpick offers a wide range of betting options specially tailored for CSGO enthusiasts.

    1. Match Winner

    This straightforward bet involves predicting which team will win a particular match. It’s perfect for both new and experienced bettors. Thunderpick’s detailed match previews provide players with valuable insights to make well-informed choices.

    2. Handicap Betting

    Handicap markets make unbalanced matches more engaging by leveling the playing field with adjusted odds. This type of betting allows even a clear underdog scenario to become an intriguing and strategic wager.

    3. Over/Under Betting

    With this option, users can wager on whether the total number of rounds in a match will exceed or fall short of a specified number. Thunderpick’s clear and updated statistics help players determine the best approach to these specialized bets.

    4. Map Winner

    For in-depth match analysis, players can bet on individual map outcomes rather than the overall game winner. Thunderpick provides comprehensive data on map performance, giving users an analytical edge in making predictions.

    5. Tournament Outright

    Long-term bets on the winner of an entire CSGO tournament offer additional excitement to major events. These bets can often yield higher returns, rewarding those who keenly track team progression and performance over time.

    6. Prop Bets

    Specialized markets allow players to wager on specific occurrences during matches, such as first kills or total grenade usage. Prop bets add another layer of entertainment, encouraging fans to analyze smaller yet impactful aspects of gameplay.

    Payment Methods at US CSGO Betting Sites

    Thunderpick ensures convenient and secure transactions through a variety of reliable payment methods.

    1. Visa

    Visa offers quick and simple deposit processes, making it one of the most trusted methods globally. This method is particularly convenient for players looking for prompt payment confirmations and reliable service.

    2. Mastercard

    Mastercard supports secure and seamless payments, ensuring transaction safety and ease of use. Its wide acceptance makes it a preferred option for users seeking accessibility and dependable processing speeds.

    3. Prepaid Cards

    Prepaid cards encourage budget management while also providing an anonymous option for deposits. Players who prioritize financial control appreciate this method for its transparency and ease of reloading funds.

    4. Bank Transfers

    Ideal for players handling larger deposits, bank transfers offer traceability and reliability. This method also allows high-limit bettors to manage their funds securely within a trusted banking framework.

    5. E-Wallets

    E-wallets enable fast processing for deposits and withdrawals, catering to players who value convenience. These methods are favored for their minimal delays in fund transference and user-friendly integration with Thunderpick.

    Responsible Gambling at CSGO Gambling Sites in the US

    Thunderpick promotes responsible gaming by offering tools such as deposit limits and self-exclusion options. These features are crafted to help players maintain a healthy balance while enjoying the platform’s offerings.

    Additionally, Thunderpick collaborates with organizations focused on gambling support, ensuring users have access to help when needed.

    PLACE YOUR CSGO BETS AT THUNDERPICK!

    Editorial Note

    This article is provided solely for informational and entertainment purposes. Nothing within should be interpreted as legal, financial, or professional advice. Readers should carry out their own research before participating in any gambling activities or signing up with any online casinos mentioned. 

    Gambling Caution

    Online gambling comes with financial risks and may lead to addictive behavior or monetary loss. We urge all readers to gamble responsibly. If you or someone you know is struggling with gambling, professional help is available. The National Council on Problem Gambling (NCPG) can be contacted at 1-800-522-4700 or visited online at www.ncpgambling.org.

    21+ only. It is up to each individual to verify whether online gambling is permitted under their local, state, or federal laws. Neither the publisher, the authors, nor any syndication partners condone or support unlawful gambling. Participation in online gambling is done at the reader’s own discretion and risk.

    Affiliate Transparency

    This article may include affiliate links. If you click on a link and make a purchase or register, a commission may be earned, at no extra cost to you.

    Syndication and Liability Disclaimer

    Any third-party publishers, media platforms, or syndication partners that republish this content do so understanding that it is meant for informational purposes only. These entities are not responsible for the legality, accuracy, or interpretation of the material.

    Attachment

    The MIL Network –