Category: Economy

  • MIL-OSI United Nations: 22 May 2025 Note for Media Seventy-eighth World Health Assembly – Daily update: 22 May 2025

    Source: World Health Organisation

    Health progress despite financial challenges 

    Thursday’s Committee B noted the Results Report 2024, and the financing and implementation of the Programme budget 2024–2025. Member States commended the transparency, and the level of detail provided. At the same time, Member States noted with concern that while some important achievements have been realized, progress is insufficient in reaching the SDG targets. In addition, Member States also advocated for more equitable funding across the Organization. The committee approved decision 78/17 Add.1 and 78/17 Add.2. 

    Delegates welcomed WHO’s Investment Round (IR), which will fund the Organization’s Fourteenth General Programme of Work – 2025–2028 (GPW 14) – its global health strategy for the next four years that has the potential to save 40 million lives if fully funded.  By April 2025, pledges of US$ 1.7 billion had been received. During the Health Assembly at least an additional US $210 million was committed, with further amounts expected. Since the start of the Investment Round, 62 pledges have been made by Member States, with a further 20 pledges by philanthropic organizations. Of the 62 pledgers, 35 had not previously provided voluntary contributions to WHO. 

    The pledges not only assure more sustainable financing but show global solidarity in the face of unprecedented challenges. The committee called for increased efforts to secure predictable, resilient and flexible funding.

    Related Documents:

    •  A78/17 Results report 2024 and financial report and audited financial statements for the year ended 31 December 2024
    • A78/17 Add.1 Draft decision: Results report 2024 (Programme budget 2024–2025: performance assessment) and Financial report and audited financial statements for the year ended 31 December 2024
    • A78/17 Add.2 Draft decision: Partial and temporary suspension of Financial Regulation VIII, 8.2
    • A78/18 Audited Financial Statements for the year ended
    • A78/36 Results report 2024 (Programme budget 2024–2025: performance assessment) and Financial report and audited financial statements for the year ended 31 December 2024
    • A78/INF./3 Voluntary contributions by fund and by contributor, 2024
    •  A78/19 Financing and implementation of the Programme budget 2024–2025
    • A78/20 Financing and implementation of the Programme budget 2024–2025: Reporting on operational efficiencies
    • A78/INF./4 Financing and implementation of the Programme budget 2024–2025 WHO presence in countries, territories and areas
    • A78/21 Sustainable financing: WHO investment round
    • A78/37 Proposed programme budget 2026–2027 – Sustainable financing: WHO investment round (Report of the Programme, Budget and Administration Committee of the Executive Board to the Seventy-eighth World Health Assembly)

    Strengthening health emergency preparedness and response

    On 21–22 May 2025, the World Health Assembly discussed WHO’s work in health emergencies. Over the last year, WHO responded to 51 graded emergencies across 89 countries and territories, including global outbreaks of cholera and mpox – a public health emergency of international concern – as well as multiple humanitarian crises. Working with over 900 partners across 28 health clusters, WHO helped provide health assistance for 72 million people in humanitarian settings. Nearly 60% of new emergencies were climate-related, highlighting the growing health impacts of climate change.

    Member States noted the WHO Director-General’s report on the implementation of the health emergency prevention, preparedness, response and resilience (HEPR) framework. The report outlined progress made in the key areas of collaborative disease surveillance, community protection, safe and scalable care, access to medical countermeasures and emergency coordination, and stressed that insufficient and unpredictable funding poses a significant risk to health systems worldwide.

    Delegates noted the report of the Independent Oversight and Advisory Committee (IOAC) for WHO’s Health Emergencies Programme. The report presents several recommendations to the Director-General aimed at strengthening WHO’s work in emergencies. The chair of the IOAC commended WHO’s leadership – particularly that of Dr Mike Ryan, the outgoing Executive Director of the Health Emergencies Programme, for his pivotal role and contributions to global health.

    The Director-General also reported on Universal Health and Preparedness Review (UHPR) to the Assembly, a unique process for Member States to assess their health emergency preparedness. UHPR was launched in November 2020 as a voluntary, country-led mechanism, in response to early lessons from the COVID-19 pandemic.

    Related documents:  

    • A78/13 WHO’s work in health emergencies
    • A78/12 Health emergencies preparedness and response: The Independent Oversight and Advisory Committee for the WHO Health Emergencies Programme
    • A78/9 Strengthening the global architecture for health emergency prevention, preparedness, response and resilience
    • A78/4 Consolidated report by the Director-General (including UHPR)

    International Health Regulations remain a cornerstone of global health security

    Member States noted the Director-General’s report on progress made in implementing the International Health Regulations (2005), which outline the rights and obligations of countries in managing public health events and emergencies that have the potential to cross borders.

    In 2024, WHO assessed over 1.2 million raw signals related to public health risks, identifying and verifying 429 events with potential or actual international public health implications.

    All countries but one provided their self-assessment report to the Assembly. Numerous joint external evaluations, after- and intra-action reviews, and training were conducted to strengthen preparedness and response capacities. 

    Member States recommended to the Assembly the adoption of a decision for the Director-General to notify Palestine of the International Health Regulations (2005). This is a step prior to Palestine expressing interest in becoming a States Party to the Regulations. This follows the resolution approved during the World Health Assembly last year on aligning the participation of Palestine in WHO with its participation in the United Nations.

    The Assembly also noted the Standing Recommendations issued by the Director-General on COVID-19 (valid until April 2026) and mpox (valid until August 2025).

    At last year’s World Health Assembly, Member States adopted historic amendments to the Regulations, drawing on lessons from the COVID-19 pandemic. The amendments are expected to come into force in September 2025.

    Related documents:

    • A78/11 Implementation of the International Health Regulations (2005)
    • A78/A/CONF./4 Notifying the International Health Regulations (2005) to Palestine
    • Resolution WHA77.15 (2024): Aligning the participation of Palestine in the World Health Organization with its participation in the United Nations
    • A78/INF./6 Implementation of the International Health Regulations (2005) Extension of the standing recommendations for mpox
    • A78/INF./7 Implementation of the International Health Regulations (2005) Extension of the standing recommendations for COVID-19

    Member States urge research into public health and social measures to control outbreaks and pandemics

    Member States approved a decision related to public health and social measures, urging the strengthening of the research base on these interventions. Public health and social measures are nonpharmaceutical interventions used to reduce the spread of an infectious disease and lower hospitalizations and death. Examples include screening for diseases, personal hygiene measures and changing the way people gather or travel. These measures played an important role in buying time for countries to develop and distribute treatments, diagnostics and vaccines during the COVID-19 pandemic, but the evidence base on the effectiveness of these measures remains limited.

    Related documents:

    WHO’s response to health needs in Ukraine and refugee-hosting countries

    Delegates noted the Director-General’s report on the implementation of a resolution on WHO’s response to the health emergency triggered by the Russian Federation’s aggression against Ukraine. In 2024, WHO reached an estimated 4.7 million people with health support in Ukraine and more than 400 000 refugees in neighbouring countries. WHO delivered over US$ 32.5 million worth of medicines, medical equipment and supplies to health facilities across Ukraine, and over US$ 4.9 million worth of supplies and equipment to refugee-hosting countries. Since 24 February 2022, a total of 2254 attacks on health care have been verified, resulting in 710 injuries and 208 deaths.

    Member States voted on related decisions. The draft decision proposed by Ukraine and other countries to continue, among other things, to restore and strengthen Ukraine’s health-care system was approved. Suggested amendments to the draft decision proposed by the Russian Federation and other countries were rejected.

    Related documents:

    • A78/14 Implementation of resolution WHA75.11 (2022) 
    • A78/A/CONF./3 Health emergency in Ukraine and refugee-receiving and -hosting countries, stemming from the Russian Federation’s aggression
    • A78/A/CONF./3 Add.1 Amendments proposed by Belarus, China, Nicaragua and the Russian Federation
    • A78/A/CONF./3 Add.2 Financial and administrative implications for the Secretariat of decisions proposed for adoption by the Health Assembly

    Health conditions in the occupied Palestinian territory, including east Jerusalem

    Delegates noted the Director-General’s report on the current health conditions in the occupied Palestinian territory, with the Gaza Strip facing an unprecedented humanitarian crisis, with widespread displacement, destruction and death. The health system has been severely degraded by attacks, critical shortages of medicines, supplies and fuel, and restricted access. The report stated that between 1 January 2024 and 28 February 2025, 376 attacks on health care were reported in the Gaza Strip, resulting in 286 deaths and 591 injuries.

    The health crisis in the West Bank has worsened since January 2025, with escalating violence and stricter restrictions on movement impeding access to health care.

    WHO’s response has focused on providing essential health services, public health surveillance, disease prevention and control, provision of supplies and logistics, and partner coordination. The report stressed the need for an immediate ceasefire, the release of all hostages, unrestricted humanitarian access and protection of health.

    Member States noted the report and commended WHO’s efforts towards the continuity of health services under difficult conditions. Delegates approved an accompanying resolution.

    Related documents:

    MIL OSI United Nations News

  • MIL-OSI USA: More Than $37 Million for Local Water Infrastructure Projects

    Source: US State of New York

    overnor Kathy Hochul today announced the Environmental Facilities Corporation Board of Directors approved over $37 million in financial assistance for water infrastructure improvement projects across New York State. The Board’s approval authorizes municipal access to low-cost financing and previously announced grants to get shovels in the ground for critical water and sewer infrastructure projects, from treatment processes to remove emerging contaminants from drinking water, to replacing lead service lines and modernizing aging systems. These investments protect public health and make projects more affordable, reducing the need for higher rate increases to fund improvements, while also creating good-paying jobs.

    “This is how you lead: invest boldly, move fast and protect your people,” Governor Hochul said. “This $37 million investment jumpstarts critical projects to fix aging pipes, tackle emerging contaminants, and upgrade infrastructure, all while keeping costs down for communities and creating good-paying local jobs.”

    EFC’s Board approved grants and financings to local governments from the Clean Water and Drinking Water State Revolving Funds – a mix of federal and state dollars dedicated to financing community water infrastructure projects. State Revolving Fund interest rates are below market rate, and with long repayment periods, communities may save significantly on debt service compared to traditional financing.

    Today’s funding includes the first grant awarded through the federal Infrastructure Investment and Jobs Act to investigate emerging contaminants. The Board approved a $1.3 million grant to the Town of Hurley in the Hudson Valley for site investigations and preparation of an engineering study to address groundwater contamination caused by emerging contaminants at the town’s closed landfill. EFC has awarded $474 million in grants to remove PFAS from drinking water across the State, and the funding awarded today reflects the State’s comprehensive approach to remediating contamination, starting at the source.

    The Board also approved executing previously awarded state grants from the Water Infrastructure Improvement and the Lead Infrastructure Forgiveness and Transformation programs. EFC Board approval is a critical step in the funding process and will allow communities to access these funds for project implementation. Leveraging federal funding with state investments maximizes the impact of each dollar spent, empowering local communities to make critical system improvements they need to keep their residents safe and ensuring cost is not a barrier for project implementation.

    Environmental Facilities Corporation President & CEO Maureen A. Coleman said, “Governor Hochul recognizes that affordability isn’t just about rent or groceries or the cost of childcare — it’s also about whether a family can afford safe water. With another $500 million allocated to clean water in the Enacted Budget, New York State has invested $6 billion in clean water infrastructure since 2017. Investing in clean water protects families from environmental risks — without forcing those same families to take on crippling debt.”

    Department of Environmental Conservation Acting Commissioner Amanda Lefton said, “DEC is committed to helping clean up contamination in communities statewide, including addressing PFAS and emerging contaminants in communities like Hurley. The investments announced today by our partners at EFC help ensure communities have the resources to address aging infrastructure and emerging contaminants, improving water quality across the state. All New Yorkers deserve access to clean water, and under Governor Hochul’s leadership, New York continues to make record investments to protect our natural resources and advance infrastructure projects that are critical to the health and safety of New Yorkers, the environment, and local economies.”

    State Health Commissioner Dr. James McDonald said, “Governor Hochul continues to uphold her commitment to safe drinking water for all New Yorkers, and this latest round of funding means critical infrastructure projects will be affordable to municipalities looking to protect their communities without breaking the bank. Through our Bureau of Water Supply Protection, the Department of Health will continue to work with our state and local partners to protect the health and safety of New Yorkers by providing technical assistance and monitoring for emerging contaminants, lead and other chemicals.”

    Secretary of State Walter T. Mosley said, “Governor Hochul’s continued support will help create stronger and resilient projects to build healthier communities across the state. This $37 million investment will offer access to resources to safeguard drinking water, create jobs and enhance the foundation for a healthier, more sustainable future for all New Yorkers.”

    Senator Charles Schumer said, “Clean drinking water and modern water-sewer systems are fundamental to economic growth and public health. These major federal investments will ensure families from Massena to Port Washington have safe drinking water and our beautiful waterways stay clean, all while creating new good paying jobs, jobs, jobs. I am proud to deliver millions in federal funding from our bipartisan Infrastructure, Investment & Jobs law and am grateful for Governor Hochul’s partnership in the fight to turn the tide on our state’s aging water infrastructure to keep our communities safe and healthy.”

    Senator Kirsten Gillibrand said, “Clean water accessibility and aging infrastructure are escalating challenges — but with investments like this one, we can lead the way toward sustainable, forward-thinking solutions while helping consumers keep costs down. This $37 million investment will help New York revitalize its aging water infrastructure, guard against environmental hazards, and strengthen resilience in the face of a changing climate. I’m proud to see federal dollars being used for these projects, and I will continue fighting for investments in New York’s infrastructure.”

    Representative Pat Ryan said, “The freedom to drink clean water is fundamentally American – I’m proud to have fought for this federal funding to address contaminated water across the region. Every Hudson Valley family deserves to be certain that the water coming out of the faucet is safe to drink – I’ll keep pushing relentlessly alongside my partners at every level of government to get it done.”

    Representative Tom Suozzi said, “The Governor and the state are effectively delivering essential funds to New York’s local water providers from the Bipartisan Infrastructure Law, which I helped negotiate as a member of the Problem Solvers Caucus. The Port Washington project is a crucial investment that will enhance and protect our water infrastructure for future generations while reducing the financial burden on our local taxpayers. I will continue to work with the state to try and bring vital federal resources back to New York.”

    Representative Josh Riley said, “Working alongside our state partners, we’ve secured $1.3 million for Hurley to address groundwater contamination at their closed landfill and $1.4 million for Athens to upgrade their surface water treatment plant. I’ll continue fighting to deliver critical resources and investments for communities across Upstate New York.”

    Funding was approved for projects in the following regions:

    Capital Region

    • Village of Athens – $1.4 million grant and financing package for upgrades to the surface water treatment plant.

    Finger Lakes

    • Town of Darien – $4 million grant and low-cost financing package for the design and construction of a new drinking water pump station and force main.

    Long Island

    • Port Washington Water District – $5 million grant for the construction of a granular activated carbon treatment system for the removal of PFOA and PFOS from existing Well No. 6.

    Mid-Hudson

    • Town of Hurley – $1.3 million grant for engineering site investigations and preparation of a remedial investigation/feasibility study to address groundwater contamination caused by emerging contaminants at the town’s closed landfill.
    • City of Peekskill – $3 million state grant for the replacement of approximately 5,250 linear feet of drinking water main and replacement of an existing structurally deficient storage tank with a new 400,000-gallon tank.
    • Village of Red Hook – $915,028 low-cost financing for the decommissioning of Well No. 4, replacement of approximately 2,400 linear feet of existing water main, hydrants, and lead service connections on Graves and Cherry Street, rehabilitation of the interior of the existing 225,000-gallon water tower located at the end of Tower Street, and replacement of the control system at the water treatment plant.
    • Village of Warwick – $1.1 million grant and interest-free financing package for exploratory work required to create a drinking water service line material inventory, with an emphasis on locating lead or galvanized pipe.

    Mohawk Valley

    • Village of Otego – $3.9 million in grants for the installation of a redundant production well, replacement of asbestos-lined pipe and exposed water main, relocation of a well house treatment building to a higher elevation, replacement of a booster pump station, and the installation of a tank mixer.

    North Country

    • Town of Black Brook and Town of Jay– Financing to each town for the planning, design and construction of improvements to the Au Sable Forks wastewater treatment facility. It’s jointly owned and both municipalities are financing their share.
      • $525,413 in interest-free financing to the Town of Black Brook.
      • $788,120 in low-cost financing to the Town of Jay.
    • Village of Constableville – $588,280 in low-cost financing for the planning, design, and construction of wastewater treatment plant improvements.
    • Town of Massena – $8 million grant and interest-free financing package for the installation of approximately 31,000 linear feet of drinking water main and associated appurtenances to serve the new South Raquette Water District.

    Southern Tier

    • Village of Millport – $1.3 million grant and low-cost financing package for the development of a second groundwater supply well, the addition of chlorine gas detectors to the well house, and the addition of standby emergency backup power for the wells and well house.

    Western New York

    • Village of Bolivar – $5.7 million grant and interest-free financing for design and construction of wastewater treatment facility upgrades.

    Refinancing Completed Projects Will Achieve Long-Term Debt Service Savings in New York City
    The Board also took action to help ensure continued, long-term affordability of existing drinking water and sewer projects in New York City. The Board approved a $728 million proposed bond sale for refinancing various drinking water and sewer projects and refunding certain prior bonds. Refundings are part of EFC’s proactive financial management to ensure projects remain cost-effective over the life of the financing and reduce debt service payments. Based on current market conditions, this bond sale is projected to save City ratepayers an estimated $172 million in interest payments over the life of the financings.

    New York’s Commitment to Water Quality
    New York State continues to increase its nation-leading investments in water infrastructure, including more than $2.2 billion in financial assistance from EFC for local water infrastructure projects in State Fiscal Year 2024 alone. With $500 million allocated for clean water infrastructure in the FY26 Enacted Budget announced by Governor Hochul, New York will have invested a total of $6 billion in water infrastructure between 2017 and this year. Any community needing assistance with water infrastructure projects is encouraged to contact EFC. New Yorkers can track projects benefiting from EFC’s investments using the interactive project impact dashboard.

    MIL OSI USA News

  • MIL-OSI: CSGO Betting Sites: Thunderpick Named the Top U.S. Sportsbook for Counter-Strike: Global Offensive

    Source: GlobeNewswire (MIL-OSI)

    New York City, May 22, 2025 (GLOBE NEWSWIRE) — Thunderpick has redefined the CSGO betting experience for players across the U.S., offering everything a serious bettor could want in one streamlined platform. With competitive odds, real-time match coverage, and a robust selection of betting markets, it caters to casual fans and seasoned esports gamblers alike.

    JOIN THE TOP CSGO BETTING SITE: THUNDERPICK

    Why Thunderpick Stands Out Among U.S. CSGO Betting Sites

    Thunderpick offers a tailor-made experience for CSGO bettors who value reliability, diversity, and a professional-grade user interface. Its betting markets cover everything from major tournaments like ESL and BLAST to daily matchups, offering a constant stream of opportunities to win. Whether you want to bet on map winners, pistol rounds, or total kills, the platform supports it all with up-to-the-minute odds.

    The 100% bonus up to $600 gives new users a competitive edge from the get-go, while reload offers and loyalty perks keep returning players well-rewarded. Thunderpick’s unique points system allows players to earn extra rewards simply by placing bets, which can later be exchanged for additional bonuses.

    Its design is optimized for both desktop and mobile users, making it seamless to place bets from anywhere. Real-time score updates and betting slips that adjust instantly ensure that live betting is both fast and fun. Compared to other platforms, Thunderpick consistently offers better odds and quicker bet confirmation.

    Overall, Thunderpick isn’t just another sportsbook—it’s a full-service CSGO betting hub designed to deliver a premium experience from first bet to final payout.

    GET A 100% BONUS UP TO $600

    How to Sign Up for the Best CSGO Betting Site, Thunderpick

    Getting into CSGO betting with Thunderpick is quick, intuitive, and designed for new users who want to dive straight into the action. Here’s how to get started:

    1. Visit Thunderpick and click the “Join Now” button.
    2. Register your account with a valid email, secure password, and preferred currency.
    3. Verify your email to unlock deposit and withdrawal features.
    4. Make your first deposit—you can choose from a variety of payment options, including credit cards.
    5. Claim your 100% bonus up to $600 automatically after your first deposit.
    6. Explore upcoming CSGO matches in the esports section of the site.
    7. Place your bets on your chosen matches, maps, or rounds.

    Once you’re in, you’ll find Thunderpick’s layout easy to navigate. Betting markets are clearly labeled, and live matches are highlighted with dynamic odds updates. You can favorite teams, track ongoing wagers, and even set notifications for match outcomes.

    The mobile site is just as smooth, giving you the full Thunderpick experience on Android and iOS devices. No lag, no clutter—just fast, focused betting wherever you are.

    New users can start small, learning the ropes with low-stakes bets and live odds tracking. Tutorials and FAQs are readily available for anyone needing guidance. Thunderpick makes sure you’re never more than a few clicks away from your next winning wager.

    Important Factors When Selecting the Best CSGO Betting Site

    Choosing the right CSGO betting site is essential for a safe, enjoyable, and profitable experience. At Thunderpick, every key criterion is covered, making it the clear leader among esports sportsbooks. Here’s what to look for and how Thunderpick excels:

    Range of Betting Markets: A top-tier platform offers more than just match winners. Thunderpick supports dozens of betting options, including first kills, map totals, and clutch rounds. This depth gives players more control and engagement.

    Live Betting Support: In-play wagering is vital for esports, where momentum shifts quickly. Thunderpick provides real-time odds and rapid bet placement so users can respond to live gameplay.

    User Interface and Experience: Navigation, loading speed, and betting layout should be seamless. Thunderpick’s modern, mobile-friendly interface makes it easy for both beginners and veterans to find what they need.

    Competitive Odds: Winning more starts with better odds. Thunderpick consistently offers strong value compared to industry averages, especially on marquee CSGO events.

    Bonuses and Promotions: A generous welcome bonus, like Thunderpick’s 100% up to $600, sets the tone. Regular offers, VIP rewards, and loyalty points further enhance the value.

    Banking Options: Players should have access to fast, flexible deposits and withdrawals. Thunderpick supports ewallets, allowing for instant, secure transactions with low fees.

    Security and Licensing: Always choose a site with proper encryption and verified licensing. Thunderpick uses SSL protection and maintains strict anti-fraud protocols to ensure player safety.

    Customer Support: A responsive support team can make all the difference. Thunderpick’s 24/7 live chat is staffed by agents who understand esports and betting.

    Reputation and Reviews: User feedback and industry recognition help validate a platform. Thunderpick has earned top marks from players and experts alike.

    When these factors align, you know you’ve found a site you can trust—and that’s exactly what Thunderpick delivers.

    Best CSGO Matches to Bet on Right Now at Thunderpick

    CSGO betting is at its most thrilling during major tournaments and regional qualifiers, and Thunderpick makes it easy to access the hottest matchups in real time. Whether you’re backing tier-one giants like FaZe Clan, G2 Esports, or Team Vitality, or exploring underdog value in up-and-coming rosters, there’s always a game to follow.

    Thunderpick currently features action from high-stakes events like the BLAST Premier, ESL Pro League, and CCT Championships. These tournaments not only draw elite teams but also offer varied betting opportunities, from outright winner markets to detailed in-play props.

    For casual fans, betting on outright winners is a great way to stay engaged. But experienced bettors will appreciate markets such as first blood, total rounds played, or the outcome of pistol rounds. These micro-bets allow for precision predictions and higher-risk, higher-reward wagering.

    Live betting is another major draw. Thunderpick’s real-time odds adjust instantly based on in-game developments, allowing bettors to capitalize on momentum swings, surprise upsets, and clutch plays. This creates a dynamic betting experience that mirrors the pace of competitive CSGO.

    If you’re looking to spot value, matches featuring evenly matched teams or fresh roster changes often present favorable odds. Thunderpick provides pre-match analysis and team stats to help guide your picks. You can also view historical performance and head-to-head records for deeper insights.

    Understanding CSGO Odds and Betting Markets at Thunderpick

    Betting on CSGO requires more than just picking a winner—it’s about understanding the odds and choosing the right markets to match your risk appetite. At Thunderpick, the odds are displayed in both decimal and American formats, allowing players to bet in the way that suits them best.

    The most common market is the match-winner, where you predict which team will emerge victorious. But Thunderpick offers far more. You can wager on map winners, total maps, correct score, and even whether a match will go to overtime.

    Live betting markets are also robust. As a match unfolds, Thunderpick updates its odds in real time, giving you the chance to bet on things like the next map’s outcome or the winner of the current round. This feature keeps bettors engaged from start to finish.

    Understanding the odds helps you evaluate risk. For example, betting on a favorite with low odds yields smaller returns, but higher certainty. Underdogs offer bigger payouts, but come with greater risk. Thunderpick’s platform helps visualize these dynamics with a clean, responsive design and instant bet confirmation.

    For strategy-minded bettors, prop markets are a goldmine. Betting on whether a team wins both pistol rounds or if a player secures 30+ kills adds depth to the experience. Thunderpick’s wide selection lets users create customized bets based on individual game scenarios.

    CSGO Betting Sites: Conclusion

    Thunderpick delivers an elite CSGO betting experience that combines functionality, variety, and innovation. From its massive betting market coverage to its dynamic live odds and peer-to-peer systems, it offers something far beyond the standard sportsbook.

    New users can jump in quickly thanks to a sleek interface and generous 100% bonus up to $600. The platform’s commitment to secure payments, 24/7 support, and payment flexibility further enhances its reputation as the best in the game.

    Whether you’re betting on major tournaments or casual clashes, Thunderpick offers top-tier value and a truly immersive environment. For any CSGO fan looking to elevate their betting experience, Thunderpick is the smart, reliable choice.

    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.

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    The MIL Network

  • MIL-OSI Africa: Western Cape Govt welcomes additional funding allocated to provinces for health, education

    Source: South Africa News Agency

    The Western Cape Government (WCG) has welcomed the additional funding allocated to provinces for education and health services in the Budget presented by Minister of Finance Enoch Godongwana on Wednesday.

    Godongwana announced that the provincial education sector’s baseline budget over the 2025 Medium-Term Expenditure Framework (MTEF) will be R1.04 trillion, with an additional R9.5 billion allocated over the medium-term. 

    This funding aims to retain teachers in classrooms and hire more staff.

    In addition, R10 billion has been included in the baseline to maintain expanded access to early education, as announced in last month’s budget. 

    This adjustment will increase the Early Childhood Development (ECD) subsidy from R17 per child per day to R24. 

    According to the Minister, this extra funding will also support increased access to ECD for an additional 700 000 children up to the age of five.

    Meanwhile, the provincial health sector budget has been projected to be R845 billion over the medium-term.

    This budget will be increased by R20.8 billion over three years to hire 800 post-community service doctors and to cover essential goods and services, as well as to reduce accrued liabilities. 

    The Minister noted that this increase will help address pressure on the personnel budget in the health sector.

    The WCG has recognised the challenging fiscal environment in which this budget has been formulated.

    “However, provincial government budgets remain under intense pressure, and we note that provincial fiscal frameworks have not been further cut to protect critical services.” 

    Western Cape Premier Alan Winde acknowledged that the 2025 budget process has been difficult and contentious, but said they were relieved that the key compromises have been made and that citizens will be spared from the value-added tax (VAT) hike. 

    Meanwhile, the Western Cape MEC for Finance, Deidré Baartman, said the provincial government aims to table its new budget in the first week of June 2025. 

    “We also urge all municipalities in the province to table and adopt their budgets by the end of June, in line with legislative timelines, and to ensure that service delivery continues to reach our communities uninterrupted,” said Baartman. 

    The Premier said the additional allocations for health and education will only come into effect in the adjustment budget later this year. 

    “The main budget provides provinces with a clearer understanding of how we will manage the significant fiscal challenges over the current financial year,” Winde said. 

    The Premier said the province’s population grew by nearly 20% between 2015 and 2024 – a 19.6% increase over this period. 

    Over the next decade, the Western Cape is expected to grow by another two million people. 

    “We welcome those who are making the Western Cape their home and want to contribute to our success, but we must find ways to simultaneously build our services to meet their needs and the funding to support this.

    “The majority of provincial budget funding comes from national government – thus, not increasing provincial envelopes in real terms has a direct impact on service delivery, such as health, education, and social development,” Winde said. – SAnews.gov.za

    MIL OSI Africa

  • MIL-OSI Africa: Government reaffirms commitment to water security

    Source: South Africa News Agency

    Water and Sanitation Deputy Minister, David Mahlobo, has reaffirmed government’s unwavering commitment to ensuring long-term water security and sustainability for all South Africans, highlighting the urgent need for cross-sectoral collaboration, innovation, and inclusive development.

    Speaking at the Water Security Africa Conference, held at the Cape Town International Convention Centre, on Wednesday, Mahlobo emphasised that addressing water security challenges requires a unified, evidence-based approach grounded in science, technology, and innovation.

    “Siloed thinking must be left behind, and an integrated, multi-sectoral response is essential to ensure equitable water access and effective water management,” Mahlobo said.

    The Deputy Minister underscored the significance of unlocking the full water value chain in alignment with Sustainable Development Goal (SDG) 6, which seeks to ensure universal access to clean water and sanitation.

    He also called for the adoption of a circular water economy, where every drop of water is seen as a valuable resource.

    The Deputy Minister further called for a shift in mindset, urging South Africans to see all water, whether rainwater, stormwater, or wastewater, as a valuable resource.

    “There is no such thing as wastewater, only wasted water. The ‘One Water’ (reduce, reuse, and recycle) approach challenges us to manage all water sources in a holistic and sustainable way. We must embrace reuse, recycling, regeneration, and water-sensitive design as core principles,” Mahlobo said.

    Addressing the pressing need for increased water availability, Mahlobo highlighted the importance of groundwater use and rainwater harvesting, particularly in underserved communities.

    However, he warned of the risks posed by pollution and inadequate sanitation, which threaten these vital sources.

    The Deputy Minister called on stakeholders across all sectors, including government, private sector, academic, and civil society sectors, to join forces and invest in transformative solutions.

    “Water security is not just a national issue; it is a global imperative. We cannot meet today’s challenges with yesterday’s methods. Our National Water and Sanitation Master Plan outlines the way forward driven by technology, innovation, and skilled professionals.

    “This is not a task for the government alone. It demands collective ownership, bold ambition, and strategic investment. This forum is a key step toward building a water-secure future for all South Africans,” he said.

    The Water Security Africa Conference, taking place from 20-21 May 2025, is a focal point for commercial, industrial and public sector operations, bringing together key stakeholders, industry leaders and innovators to address the pressing need for clean, reliable, and sustainable water supply.

    The event is being held under the theme: “Delivering Water Security and Sustainability For All; A Vision of Inclusive Development”. – SAnews.gov.za

    MIL OSI Africa

  • MIL-OSI Africa: SA’s G20 legacy will be measured by lives changed, Chikunga

    Source: South Africa News Agency

    Minister in the Presidency responsible for Women, Youth and Persons with Disabilities, Sindisiwe Chikunga, says the legacy of South Africa’s G20 Presidency will not be defined by the number of meetings held, or the elegance of its communiqués, but by “lives changed, systems reformed, and the power redistributed.”

    Chikunga made the remarks at the opening plenary of the Women20 (W20) South Africa Inception Meeting, currently underway in Cape Town.

    The W20 is the official G20 engagement group focused on promoting gender equality and women’s economic empowerment.

    The 2025 Inception Meeting, hosted under the theme: “Women in Solidarity”, marks 10 years of W20. The meeting brings together over 100 global delegates representing government, business, academia, and civil society.

    The two-day Inception Meeting, which started on Wednesday, convenes thought leaders, including policymakers and change-makers from across the globe to explore high-level interventions and innovative solutions to the challenges facing women today.

    In her address, Chikunga said the gathering is not an endpoint, but a beginning of a call to mobilise transformative change for women around the world.

    She said the region stands at a pivotal moment, where the African continent has the opportunity to shape the course of global recovery, and where the Global South can reimagine the social contract.

    “We stand at a pivotal moment, where we can prove that leadership from our regions is not only possible—it is indispensable. Let us leave this space with a shared resolve: to structure women’s voices into the heart of public policy, budgets, institutions, and outcomes,” the Minister said.

    Chikunga invoked the legacy of South African heroines, like Charlotte Maxeke, Ruth Mompati, and Albertina Sisulu, saying their fight for freedom serves as a reminder that “freedom without equality is fiction.”

    As part of Chairship of the G20 Empowerment of Women Working Group, Chikunga said South Africa has conceptualised several empowerment programmes intended to advance, through sustained partnerships, and beyond G20 term.

    These include the transformative emerging industrialists accelerator, and the disability Inclusion Initiative (DII).

    The transformative emerging industrialists accelerator is designed to support emerging women entrepreneurs in priority sectors such as energy, maritime, defence and aerospace, platform economies, and agriculture.

    Participants will receive end-to-end support, from ideation and product development to financing, market access, and commercialisation, in collaboration with SOEs [State Owned Entities], private companies, and industry associations.

    The DII is South Africa’s flagship programme to embed disability rights and inclusion across policy, institutions, and society.

    Anchored by the establishment of a Disability Inclusion Nerve Centre, the DII initiative will drive:
    •    Research on inclusion across the care economy, AI, financial access, and climate adaptation;
    •    The establishment of a National Disability Data Observatory to strengthen decision-making;
    •    Development of early childhood disability screening protocols;
    •    Capacity-building through disability focal points; and
    •    Support for inclusive schooling and access-enhancing technologies.

    “These are not once-off initiatives. They are long-term structural interventions designed to outlive the Presidency,” Chikunga said.

    Addressing systemic gaps

    Highlighting the importance of data in informing inclusive policy, Chikunga said the country is stands ready to engage the private sector, development partners, and multilateral institutions to take them forward.

    “Our observatory will not only collect data, but it will also shape decision making, drive accountability, and support delivery,” the Minister said.

    She noted the findings from the Human Sciences Research Council, which showed that women with disabilities remain among the most marginalised and invisible in society, despite facing disproportionate levels of violence and exclusion.

    “That is not just a gap. It is a systemic failure.” – SAnews.gov.za

    MIL OSI Africa

  • MIL-OSI Russia: Vice Premier of the State Council of the People’s Republic of China Liu Guozhong visited Belarus and held a meeting of the China-Belarus Intergovernmental Committee on Cooperation

    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

    MINSK, May 22 (Xinhua) — Member of the Politburo of the Communist Party of China Central Committee and Vice Premier of the State Council of the People’s Republic of China Liu Guozhong visited Belarus on May 21-22. During the visit, he met with Belarusian President Alexander Lukashenko, held talks with First Deputy Prime Minister of Belarus Nikolai Snopkov and jointly chaired the 6th meeting of the China-Belarus Intergovernmental Cooperation Committee.

    Liu Guozhong conveyed cordial greetings from Chinese President Xi Jinping to A. Lukashenko and noted that under the strategic leadership of the leaders of the two countries, the China-Belarus all-weather comprehensive strategic partnership continues to develop at a high level, and cooperation in various fields bears rich fruit. According to the Vice Premier of the State Council, the Chinese side is ready to work with Belarus to implement the important agreements reached by the leaders of the two countries, provide firm mutual support on issues related to the fundamental interests of the parties, and promote high-quality joint construction of the Belt and Road for the benefit of the peoples of both countries.

    A. Lukashenko asked Liu Guozhong to convey sincere greetings to Chairman Xi Jinping and stressed that Belarusian-Chinese relations are a model of mutually beneficial cooperation. As he noted, the Belarusian side firmly adheres to the one-China principle, opposes political manipulation in the issue of tracking the source of COVID-19 and is ready to jointly implement key projects within the framework of the Belt and Road initiative with China, develop productive forces of new quality, and promote the development and rise of the two states.

    The two sides reaffirmed their firm commitment to upholding the outcome of World War II and international justice, opposed hegemonism, bullying and unilateral sanctions, and agreed to jointly advance the three global initiatives and promote the building of a community with a shared future for mankind.

    On May 21, the 6th meeting of the China-Belarus Intergovernmental Cooperation Committee was held, during which the parties exchanged views and outlined plans for cooperation in key areas such as economy and trade, science and technology, security, education, culture, customs control and quarantine supervision, and industry. The minutes of the meeting were signed, as well as documents on cooperation in the areas of digital economy, science and technology. In addition, the parties agreed to establish a new subcommittee on industrial cooperation.

    Liu Guozhong also visited a number of sites, including the China-Belarus Industrial Park “Great Stone.” –0–

    MIL OSI Russia News

  • MIL-OSI Canada: Grants to grow primary care

    Alberta’s government is investing in made-in-Alberta solutions to strengthen the province’s primary health care system, including Indigenous primary health care. These new grants will support projects that improve access, reduce administrative burdens and support team-based care so all people in Alberta can get the care they need, when and where they need it.

    The grants are being awarded through two innovation-focused programs: the Primary Care Innovation Fund and the Indigenous Primary Health Care Innovation Fund. These funds will support 19 projects that will improve primary care, advance research and innovation and support community health priorities.

    “A strong, reliable primary health care system is the foundation of the entire health system. These strategic investments are helping to make that a reality for families across Alberta. They are especially meaningful for Indigenous communities, as they support culturally safe care that respects traditional knowledge and addresses unique community needs.”

    Adriana LaGrange, Minister of Primary and Preventative Health Services

    “Ensuring Indigenous communities have access to quality primary health care that aligns with their unique needs is a priority for Alberta’s government. The Indigenous Primary Health Care Innovation Fund empowers communities to lead the way in developing solutions that enhance care, support cultural traditions and improve health outcomes for Indigenous Peoples across the province.”

    Rajan Sawhney, Minister of Indigenous Relations

    The $5-million Primary Care Innovation Fund is supporting five projects that will help improve access to care, support early detection of dementia and other conditions, provide post-reproductive care for women, advance research and clinical trials, and harness the potential of artificial intelligence to improve health care services.  

    The $20-million Indigenous Primary Health Care Innovation Fund is supporting 14 community-led initiatives, including virtual care clinics, cultural reconnection, facility upgrades and Elder care. The funding is flexible so Indigenous communities can address their specific priorities and support culturally appropriate care.

    “We are thrilled to announce the approval for the Indigenous Primary Health Care Innovation Fund. We are eager to be providing a welcoming and supportive environment for our Elders. This facility represents a significant investment in our community and is a testament to the growing need of quality care for our Elders.”

    Kathy Lepine, chair, Elizabeth Metis Settlement

    Both of the grant programs stem from a recommendation in the Modernizing Alberta’s Primary Care System (MAPS) final report. MAPS was created to strengthen Alberta’s primary health care system and ensure all people in Alberta have access to timely, appropriate care throughout their lives.

    “University Hospital Foundation is grateful for the Primary Care Innovation Fund that enabled us to match the vision of our donors with talented University of Alberta researchers and health providers. Using a co-design approach, the dementia program will enhance early diagnosis, facilitate more efficient research and improve post-diagnosis care pathways for people living with dementia and their caregivers.”

    Dr. Jodi Abbott, president and CEO, University Hospital Foundation

    “We’re excited to work with Alberta’s primary care teams and innovation partners to build a program grounded in real-world needs – helping them develop the skills and confidence to turn ideas into action and shape the future of care.”

    Theresa Tang, co-founder and CEO, Praxus Health

    Indigenous Support Line

    To further support access to primary care for Indigenous patients and families, the Indigenous Support Line will be expanded to Edmonton and Calgary on June 1. The phone line has supported more than 10,000 callers over the past three years with health system navigation, access to cultural supports, language services and more.

    Operated by Health Link in partnership with the Indigenous Wellness Core, the line connects callers with health professionals who understand Indigenous ways of knowing and traditional healing practices.

    The support line can also be utilized by front-line health care providers to assist in providing culturally appropriate care. Providers can use the support line to learn about cultural support services, Indigenous ways of knowing, traditional healing practices, access to ceremony and other services that may assist their patients.

    “Health Link and Indigenous Wellness Core teams have provided exceptional care to Indigenous Peoples in the north, south and central zones for the past three years through the Indigenous Support Line. The impact of this service is evident in the response from those who have accessed the line, and through it, Indigenous listeners who aid their health care journey. I am thrilled that the line will now be available to Indigenous Peoples and communities across the province.”

    Kim Simmonds, CEO, Primary Care Alberta

    Quick facts

    • Primary Care Innovation Fund grant recipients are:
      • Praxus Health – to develop and deliver a comprehensive primary care innovation training program for health professionals.
      • Arthritis Society of Canada – to implement a cost-effective, AI-enhanced portable infant ultrasound screening for developmental dysplasia of the hip.
      • Dr. Kerry McBrien, University of Calgary – to develop a community health navigator program to enhance team-based care, integrate social and community resources and improve access to care.
      • University Hospital Foundation – to develop and implement an early diagnosis and care pathway for Albertans living with dementia.
      • Dr. Colleen Norris, University of Alberta – to establish the Alberta Women’s Post-Reproductive Health Centre to provide comprehensive primary care for midlife women.
    • Indigenous Primary Health Care Innovation Fund grant recipients include:
      • Samson Cree Nation – to establish the Nipisihkopahk Medical Clinic to provide the community with long-term access to equitable and comprehensive health care services.
      • Elizabeth Metis Settlement – to support the Métis Lifeways Elders Care Initiative, including a comprehensive Elder care facility. 
      • Stoney Nakoda Tsuut’ina Tribal Council Ltd. (G4) – to evaluate the current state of non-insured health benefits coverage and financial implications.
      • Dene Tha’ First Nation – to renovate an existing building and upgrade to a satellite primary health care centre.

    Related information

    • Indigenous primary health care funding – Innovation Fund
    • Modernizing Alberta’s Primary Health Care System (MAPS)

    Related Media

    • Opening more doors to primary care (April 10, 2025)
    • Leading primary care into the future (Oct. 15, 2024)
    • Strengthening health care: Improving access for all (Oct. 18, 2023)

    MIL OSI Canada News

  • MIL-OSI Canada: Provinces Renew Commitment to Veterinary Training in Western Canada

    Source: Government of Canada regional news

    Released on May 22, 2025

    Saskatchewan, British Columbia and Manitoba have renewed their financial commitment to the University of Saskatchewan’s Western College of Veterinary Medicine (WCVM), continuing a long-standing interprovincial agreement that has been in place for six decades.

    The renewed agreement provides more than $194 million to the WCVM over the next five years, helping ensure the college can deliver critical veterinary medicine programming, research and clinical services that address the needs of each province.

    “We are proud of the Western College of Veterinary Medicine and the exceptional education opportunities it provides to veterinary students from across Western Canada,” Saskatchewan Advanced Education Minister Ken Cheveldayoff said. “We are grateful to have this internationally recognized college right here in Saskatchewan and are fully confident in USask’s ability to produce highly skilled veterinarians to care for both our livestock and companion animals.”

    “Our partnership is a great example of how provinces can work collaboratively to achieve our shared priorities and economic goals,” Manitoba Advanced Education and Training Minister Renée Cable said. “We are pleased that this partnership creates opportunities for our students to access high-quality education right here in Western Canada. Communities across Manitoba benefit from the caliber of veterinarians that graduate from the program.”

    “We are proud to continue this longstanding interprovincial partnership to provide world-class veterinary medicine education,” British Columbia Post-Secondary Education and Future Skills Minister Anne Kang said. “This agreement ensures that our communities have access to skilled professionals who play a significant role in animal health, food security and public wellbeing.”

    The WCVM is a leading centre of veterinary education, research and expertise in Western Canada, serving the needs of the livestock, fowl and fisheries industries, pet owners, and public health and food safety networks. The college is internationally accredited and includes a veterinary medical centre, a provincial diagnostic laboratory, and large-scale research facilities that serve as resources for both students and professionals across the region.

    “Ongoing financial support from the Governments of Saskatchewan, Manitoba and British Columbia has played a vital role in maintaining the WCVM’s reputation as a centre for excellence in education, research and clinical services,” WCVM Dean Dr. Gillian Muir said. “We look forward to working together with the college’s funding partners on strategies that address Western Canada’s increasing need for veterinarians and animals health care services.”

    The new interprovincial agreement is in place until 2030. For more information about the Western College of Veterinary Medicine, visit: www.wcvm.usask.ca.

    -30-

    For more information, contact:

    Media Relations
    Advanced Education
    Regina
    Phone: 306-520-2572
    Email: ae.media@gov.sk.ca

    Victoria Dinh
    Media Relations
    USask
    Phone: 306-966-5487
    Email: victoria.dinh@usask.ca

    Seina Cho
    Media Relations
    Post-Secondary Education and Future Skills
    British Columbia
    Phone: 250-889-9334

    Ryan Jamula
    Media Relations
    Advanced Education and Training
    Manitoba
    Phone: 431-323-4873
    Email: ryan.jamula@manitoba.ca

    MIL OSI Canada News

  • MIL-OSI USA: Congresswoman Frederica Wilson’s Statement on the House Budget Proposal

    Source: United States House of Representatives – Congresswoman Frederica S Wilson (24th District of Florida)

    Congresswoman Frederica Wilson issued the following statement regarding the House Budget Proposal H.R. 1, to which she voted ‘no’:

    “This bill will kick millions off their healthcare, kick millions off their food assistance programs, raise the costs of student loans, all just to give tax breaks to billionaires. Nearly 14 million Americans will lose their healthcare, and more than 18 million children may have their school meals taken away thanks to this bill. This is the largest cut to health care in our nation’s history, the largest cut to SNAP in our nation’s history, and the largest tax cut for billionaires in our nation’s history.  The budget puts more than 4.3 million Pell Grant recipients at risk by requiring students to take at least 15 credit hours per semester to receive full funding—potentially cutting or reducing Pell Grants for nearly two-thirds of all recipients. It also replaces student loan income-driven repayment plans with a single plan repayment that could raise student loan payments by nearly $200 monthly. This bill includes a 5% tax on remittances sent by non-U.S. citizens, including those on H-1B or H-2A visas and green card holders. This would affect many families in South Florida, such as Cubans, Haitians, and many others who send money to their families, many of whom still live under political turmoil.   At a time when prices are at an all-time high, these cuts to healthcare and food assistance and changes to student loans threaten to deepen financial hardship for millions. Put it simply: people will die, folks will go hungry, students will pay the price, and millions of children, seniors, veterans, people with disabilities, and working families are on the hook for these devastating cuts.”

    In Florida, approximately 1,442,564 will lose health care insurance from the Affordable Care Act or Medicaid.

    In Florida, approximately 574,000 people are at risk of losing some or all SNAP benefits.

    In Florida, approximately 99,118 students are at risk of losing all Pell Grant Funding and 216,176 students are at risk of reduced Pell Grant funding.

    In Congresswoman Frederica Wilson’s District, approximately 71,000 people are estimated to lose health insurance coverage by 2034 and approximately 36,000 people are at risk of losing some or all SNAP benefits.

    ###

    MIL OSI USA News

  • MIL-OSI Security: Fort Wayne Woman Ordered to Repay Funds From PPP Loan Fraud

    Source: Office of United States Attorneys

    FORT WAYNE – Dashanae Hamlet-Davis, 26 years old, of Fort Wayne, Indiana, was sentenced by United States District Court Chief Judge Holly A. Brady after pleading guilty to a federal felony for wire fraud, announced Acting United States Attorney Tina L. Nommay.

    Hamlet-Davis was sentenced to 18 months of probation and ordered to pay $23,431.53 in restitution to the Small Business Administration.

    According to documents in the case, Hamlet-Davis falsely claimed gross income for a business that did not exist when she applied for a Paycheck Protection Program (PPP) loan. The PPP program provided loans to small businesses for job retention and other expenses as part the CARES Act and for emergency financial assistance to Americans suffering from the economic impact of the COVID-19 pandemic.  Hamlet-Davis falsely claimed that she was the sole proprietor of a retail business when in reality, no such business existed. As a result of her fraudulent representations, Hamlet-Davis received PPP funds which she used for her own benefit on personal items such as clothing, jewelry, electronics, and a vacation.

    “This sentencing demonstrates the commitment of the Treasury Inspector General for Tax Administration (TIGTA) to investigate and bring to justice those who victimize the American taxpayer,” said Kelly Moening, TIGTA Special Agent-in-Charge. “Fraudulently applying for loans through a federal program meant to assist Americans in need will be met with aggressive investigation and prosecution. I want to thank our law enforcement partners and the U.S. Attorney’s Office for their commitment to this goal.”  

    This case was investigated by the United States Treasury Inspector General for Tax Administration with assistance from IRS Criminal Investigation.  The case was prosecuted by Assistant United States Attorney Justin C. Sheridan.

    MIL Security OSI

  • MIL-OSI: ECN Capital Announces Annual Meeting Voting Results

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, May 22, 2025 (GLOBE NEWSWIRE) — ECN Capital Corp. (TSX: ECN) (“ECN Capital” or the “Corporation”) confirmed today that the eight nominees listed in its management information circular (the “Circular”) dated April 22, 2025 were elected as directors at today’s annual meeting of the holders of common shares (“Common Shares”) and mandatory convertible preferred shares, Series E (“Series E Shares”) of ECN Capital (the “Meeting”). There were 210,980,127 Common Shares and 27,450,000 Series E Shares represented in person or by proxy at the Meeting (representing approximately 77.19% of the votes attached to the outstanding shares of ECN Capital). The holders of Common Shares and Series E Shares voted together as a single class on all matters submitted to a vote at the Meeting. The voting results for the Meeting held earlier today by virtual meeting are set out below.

    At the Meeting, the following eight individuals nominated to serve as directors of ECN Capital’s board of directors (the “Board”) were elected by ballot. Proxies and votes received at the Meeting were as follows:

        For Withheld  
      William Lovatt 99.97% 0.03%  
      Steven Hudson 99.97% 0.03%  
      Paul Stoyan 99.97% 0.03%  
      David Morris 99.97% 0.03%  
      Carol E. Goldman 99.98% 0.02%  
      Karen Martin 99.94% 0.06%  
      Tawn Kelley 98.02% 1.98%  
      Tarun Mehta 99.97% 0.03%  

    At the Meeting, the following resolutions as set out in the Circular were passed as ordinary resolutions of ECN Capital’s shareholders by ballot. Proxies and votes received at the Meeting were as follows:

      Resolutions For Withheld  
      Re-appointment of Auditors 99.87% 0.13%  
        For Against  
      Say-on-Pay Advisory Vote 99.31% 0.69%  
      Option Plan Resolution (as defined in the Circular) 86.58% 13.42%  
      DSU Plan Resolution (as defined in the Circular) 86.82% 13.18%  
      Unit Plan Resolution (as defined in the Circular) 86.82% 13.18%  

    The results of these matters considered at the Meeting are reported in the Report of Voting Results as filed on SEDAR+ (www.sedarplus.com) on May 22, 2025.

    Tarun Mehta Elected to ECN Capital’s Board

    ECN Capital is pleased to welcome Tarun Mehta to the Board following his election at the Meeting. Mr. Mehta is a former senior executive officer of Truist Financial Corporation (“Truist”) and worked closely with ECN Capital in connection with our ownership in and subsequent sale of Service Finance Company (“Service Finance”). ECN Capital sold Service Finance to Truist in December 2021 for approximately US$2 billion and distributed substantially all of the after-tax proceeds to shareholders of the Corporation in the form of a special distribution of C$7.50 per share.

    Mr. Mehta was most recently the Head of Strategy, Transformation & Corporate Development of Truist, one of the top 10 largest banks in the United States, with businesses in retail banking, corporate and investment banking, commercial banking and wealth management. Mr. Mehta has extensive experience in investment banking, assisting financial institutions with debt and equity capital raises, asset-backed security transactions and mergers & acquisitions. Mr. Mehta also has a strong background in corporate strategy and enterprise transformation, with experience developing and implementing the long-term enterprise strategic plan for Truist. He was a member of the Operating Council of Truist. Mr. Mehta will be appointed Chair of the Credit & Risk Committee, replacing David Morris.

    About ECN Capital Corp.

    With managed assets of US$6.9 billion, ECN Capital is a leading provider of business services to North American based banks, credit unions, life insurance companies, pension funds and institutional investors (collectively, our “Partners”). ECN Capital originates, manages and advises on credit assets on behalf of its Partners, specifically consumer (manufactured housing and recreational vehicle and marine) loans and commercial (inventory finance and rental) loans. Our Partners are seeking high quality assets to match with their deposits, term insurance or other liabilities. These services are offered through two operating segments: (i) Manufactured Housing Finance, and (ii) Recreational Vehicles and Marine Finance.

    Contact

    Katherine Moradiellos
    561-631-8739
    kmoradiellos@ecncapitalcorp.com

    The MIL Network

  • MIL-OSI United Kingdom: The real living wage must be the bare minimum for all workers – McGuigan

    Source: Sinn Féin

    Sinn Féin MLA, Philip McGuigan has said Health and Social Care workers’ ‘value and appreciation’ must be matched by pay and work conditions.
    The Health Committee Chair was speaking after attending a Living Wage NI event today which discussed how a living wage could be introduced in the north’s social care sector.
    “The real living wage must be the bare minimum for all workers and Sinn Féin is committed to seeing this delivered across the island,” the North Antrim MLA said.
    “This can be seen in Finance Minister John O’Dowd making the Civil Service a Living Wage employer as part of the latest pay deal, while former Finance Minister, Conor Murphy, ensured that the living wage was a requirement for firms attaining government contracts.
    “It was enlightening to attend the Living Wage NI event and discuss how a fair wage is not only crucial in recognizing the value of health and care workers but also to attracting more people to the sector.”
    Mr. McGuigan said he wanted to see the Health Minister’s commitment to end minimum wages for care workers and make the care sector a Living Wage Sector be progressed urgently.
    “A real living wage, and career progression opportunities can only help bring more people into the care profession and encourage those currently employed to stay – benefiting our care workers and improving our health service and importantly patient outcomes.
    “Paying the real Living Wage to our care workers is not just good for those workers, but for our economy, our health service and for society as a whole.”

    MIL OSI United Kingdom

  • MIL-OSI Canada: G7 Finance Ministers and Central Bank Governors conclude productive meeting in Banff

    Source: Government of Canada News (2)

    May 22, 2025 – Banff, Alberta – Department of Finance Canada

    Today, G7 Finance Ministers and Central Bank Governors concluded their meeting in Banff, Alberta, which is part of Canada’s 2025 G7 Presidency. The Honourable François-Philippe Champagne, Minister of Finance and National Revenue, and Tiff Macklem, Governor of the Bank of Canada, co-chaired the meeting.

    Ministers and Governors reached agreement on a communiqué which emphasized, above all, the the importance of G7 unity in the face of complex global challenges. In advance of the Leaders’ Summit next month in Kananaskis, Alberta, the meeting included a productive and frank exchange on the global economy, unsustainable global imbalances, and ways to promote growth and productivity.

    Ministers and Governors agreed to:

    • a G7 Financial Crime Call to Action to spur further concrete progress in tackling financial crime, including money laundering and terrorist financing. Canada will contribute $4.8 million in new technical assistance to developing economies so they can contribute to this effort;
    • support the expansion of the World Bank-led Resilient and Inclusive Supply-Chain Enhancement (RISE) Partnership to strengthen the integration of developing countries into critical minerals supply chains. Canada will contribute $20 million to support the expansion of the RISE Partnership, including in Latin America and the Caribbean;
    • address risks stemming from the large increase in low-value shipments imported into G7 markets; and
    • continued unwavering support to Ukraine, an agreement to continue to explore all possible options to hold Russia to account, including further ramping up sanctions, as well as efforts to foster private sector participation in the recovery and reconstruction of Ukraine.

    Canada is a stable, reliable, and innovative partner with a wealth of natural resources and expertise. Through our G7 Presidency, we will shape the global agenda – working with allies and partners to grow our economies, defend Canadians’ interests, and address the most pressing global challenges.

    MIL OSI Canada News

  • MIL-OSI USA: Africa Subcommittee Chairman Smith Delivers Opening Remarks at Hearing on the Crisis in Sudan

    Source: US House Committee on Foreign Affairs

    Media Contact 202-321-9747

    WASHINGTON, D.C. – Today, House Foreign Affairs Africa Subcommittee Chairman Chris Smith delivered opening remarks at a subcommittee hearing titled, “A Dire Crisis in Sudan: A Global Call to Action.” 

    Watch Here

    -Remarks-

    Over the decades, as especially our distinguished panel knows, the people of Sudan have been subjected to unbearable pain, suffering, loss of life, and even slavery. Since the 1990s, I have been a vocal advocate for human rights, democracy, and stability in Sudan. Soon after Republicans took control of the House, I chaired a hearing in 1996 on slavery in Sudan and Mauritania.

    Today, there is a dire crisis again in Sudan, necessitating a global call to action. I went to Khartoum in August of 2005 to meet with President Omar al-Bashir and other government officials, a number of people from the faith community, to press for an end to the genocide in Darfur. The meeting was necessarily contentious. Bashir denied any wrongdoing or complicity in the killings of the Darfur genocide.

    In 2009, however, Bashir was charged by the International Criminal Court with committing war crimes and crimes against humanity. In 2010, he became the first person ever charged with the crime of genocide by the ICC.

    After meetings with Bashir and other government officials, I visited two refugee camps – many of you have done that, many of my colleagues have done that. Those two camps I went to in Darfur were Kalma Camp and I stayed overnight at another called Mukjar in western Darfur. That experience profoundly motivated me to do more to end the mass violence. When our helicopter landed at the remote Mukjar camp, thousands, and I mean thousand, a line was formed of these wonderful people: women and children dancing, clapping, singing beautiful African traditional songs. The people of Darfur have a remarkable generosity and spirit, and it was awe-inspiring.

    Just about everyone I spoke with, especially the women, told me personal stories of rape, senseless beatings, and massacres by the Janjaweed and Sudanese militias. I was deeply impressed by the dedication of the African Union peacekeepers operating under extremely difficult circumstances and urged international partners, including the United States, to better equip them. I was shocked to learn they were receiving a little over $1 a day. It was absurd.

    I went to Secretary Condoleezza Rice upon my return and said, “Please, we’ve got to augment that. We’ve got to increase it. These soldiers are putting their lives on the line. They should not be so grossly underpaid an not getting the kind of things that they need in terms of munitions.”

    In November of 2005, I chaired another hearing on Sudan. It was absolutely clear that the situation in Darfur was a genocide. At that time, over 400,000 killed and over a million displaced. We did stress at that hearing, all of us, that the need for a comprehensive plan that could best contribute to peace and hold those who have murdered, raped, enslaved, and plagued the people of Sudan accountable.

    Meanwhile, Chairman Henry Hyde, Donald Payne, who was my ranking member from New Jersey, Frank Wolf, Tom Lantos, and a number of others pushed the Darfur Peace and Accountability Act that declared that the slaughter in Darfur was genocide, imposed sanctions on malign actors and talked about helping peacekeepers. It was signed into law in October 2006. That law built upon the Sudan Peace Act of 2001 and the Comprehensive Peace in Sudan Act of 2004.

    I also, and I wasn’t the only one, called on the Arab League to leverage its influence over the Sudanese government by encouraging the government to end its military offensive in Darfur and accept the United Nations peacekeeping which was there under the auspices of the AU. They didn’t do it. It was like crickets. We got almost no response at all other than “thank you for raising it.” So here we are again.

    In January 2017, again on this committee, I objected to the Obama administration’s decision to ease sanctions on Sudan. I know it had to have been a tough call. We’re always evaluating when sanctions become counterproductive, so there was an argument to be made. But I thought it was the wrong one because Khartoum’s government continued to commit pervasive human rights violations. At the time, we pointed out the violent government actions against Sudanese citizens in Darfur, Nubia the Nuba Mountains, and Blue Nile, alongside the nationwide persecution of Christians nationwide.

    I was also disappointed in 2024 by the decision to allow Sudanese warlord Abdel Fattah al-Burhan into the country for a meeting with the UN Secretary-General. Burhan, as we all know, has massive amounts of blood on his hands and should never have been allowed into the U.S.

    Yet the Biden administration delayed and denied robust sanctions against both Burhan and Hemedti, delaying until the administration’s final hours. While we were glad they finally did it, many of us believe it should have happened sooner. There will never be peace in Sudan until there is accountability for the atrocities committed by the twin butchers of Darfur.

    Over 18,000 civilian deaths have been committed since 2023, with estimates as high as 150,000, and more than 10 million people displaced. These are not just numerical estimates; it’s evidence of an appalling range of harrowing human rights violations and international crimes. Each murder or displaced civilian is a person with dreams, hopes, and family – a person whose life has been taken or irrevocably changed by these attrocities.

    Both the Sudanese Armed Forces (SAF) and the Rapid Support Forces (RSF) are guilty of arbitrary killings, detentions, abductions, rapes—including the rape of children—repression of fundamental human rights, illicit gold mining, and child soldier recruitment.

    Illicit Sudanese gold, which the RSF smuggles through the UAE, is crucial to prevending the continued funding Hemedti’s atrocities and perpetuating this bloody conflict. The RSF’s main international backer is widely reported to be the UAE, which has supplied both weapons and financial support. Other external actors, such as Chad, have been credibly accused of enabling arms transfers and have been implicated in supporting the RSF.

    Domestically, the RSF has allied with non-RSF Janjaweed militias. It is clear that the RSF is grappling with command and control, however, allowing its fighters to rape, pillage, target vulnerable women and children, and to attack civilian infrastructure. This is the opposite of capable government, and such behavior only confirms this to the Sudanese people.

    The SAF has received support from domestic groups including the Al-Bara Battalion—known as the Popular Resistance—which openly espouses a militant Islamist ideology, as well as former rebel groups such as the Sudan Liberation Movement under Minni Minawi and Mustafa Tambour. Externally, the SAF has received support from countries like Egypt, Iran, Qatar, and Turkey. Russia continues to pursue naval access to Port Sudan.

    ###

    MIL OSI USA News

  • MIL-OSI Europe: Written question – Dangerous and underfunded school buildings – E-001960/2025

    Source: European Parliament

    Question for written answer  E-001960/2025
    to the Commission
    Rule 144
    Kostas Papadakis (NI)

    The vast majority of school buildings in Greece are in a deplorable condition. 30 % of schools do not comply with any earthquake code at all, and 30 % were built in line with the 1959 code, which is outdated and obsolete. The vast majority of schools are not in line with modern scientific knowledge on earthquake-proofing and protection, leaving pupils and teachers at risk.

    Can the Commission therefore answer the following:

    • 1.What view does it take of the fact that a large number of school buildings – attended by millions of children in Greece and across the EU – remain outdated and unsuitable, that they are not earthquake-resistant and are therefore dangerous, that they lack modern equipment and infrastructure, sports and leisure areas, that new buildings are needed, and that their maintenance and renovation is a matter of life and death?
    • 2.What view does it take of the fact that, although a billion euro treasure trove is being made available for the war economy through ReArm Europe, and while business groups are being supported through the Recovery Fund, the fact remains that, in order to build and renovate schools and to carry out the necessary structural, electrical and fire safety checks, they have to rely on PPPs, sponsorship by large companies and the pittances raised from appeals to private individuals with the aim of passing on costs to the parents themselves?
    • 3.What is its view on immediately meeting the demands of pupils, parents and teachers to carry out the structural, electrical and fire safety checks – necessary for everybody’s safety – and to proceed with all the necessary construction of new school buildings, the maintenance and renovation of older ones, without PPPs or concessions to private parties?

    Submitted: 15.5.2025

    Last updated: 22 May 2025

    MIL OSI Europe News

  • MIL-OSI Europe: Text adopted – Modification of customs duties applicable to imports of certain goods originating in or exported from the Russian Federation and the Republic of Belarus – P10_TA(2025)0109 – Thursday, 22 May 2025 – Brussels

    Source: European Parliament

    THE EUROPEAN PARLIAMENT AND THE COUNCIL OF THE EUROPEAN UNION,

    Having regard to the Treaty on the Functioning of the European Union, and in particular Article 207(2) thereof,

    Having regard to the proposal from the European Commission,

    After transmission of the draft legislative act to the national parliaments,

    Acting in accordance with the ordinary legislative procedure(1),

    Whereas:

    (1)  The Union’s imports of urea and nitrogen-based fertilisers from the Russian Federation in 2023 were significant, at 3,6 million tonnes, and increased considerably in 2024 by comparison with 2023. The level of the Union’s imports from the Russian Federation of the agricultural goods covered by this Regulation (the ‘agricultural goods concerned’) is relatively low for most of those goods, but could increase significantly if the current trading conditions persist.

    (2)  The Union’s imports of the fertilisers covered by this Regulation (the ‘fertilisers concerned’) currently reflect a situation of economic dependence on the Russian Federation. Moreover, the imports of the agricultural goods concerned could create a similar and additional economic dependence on the Russian Federation, which should in the present circumstances be prevented and reduced in order to protect the Union’s market and to safeguard the Union’s food security.

    (3)  The Union’s erga omnes common customs duties are the most-favoured-nation tariffs currently applied to imports of the agricultural goods concerned and fertilisers concerned (the ‘goods concerned’). Those tariffs vary greatly at present. Depending on the goods concerned, some tariffs are either set at zero or set very low, while other tariffs are so high that no trade takes place.

    (4)  Continued imports of the goods concerned from the Russian Federation under the current conditions could make the Union vulnerable to coercive actions by the Russian Federation. In particular, a potential increase in imports of the goods concerned from the Russian Federation could disrupt the Union’s market and negatively impact the Union’s producers. It is therefore necessary to take appropriate tariff measures in order to address the Union’s current and potential economic dependence on imports of the goods concerned from the Russian Federation. That should be done by ending the current situation where the goods concerned enter the Union’s market on terms that are as favourable as those applied to goods of other origins that receive most-favoured-nation treatment.

    (5)  At present, imports of the fertilisers concerned from the Russian Federation are already increasing and could increase further and quickly if additional Russian production is re-oriented towards the Union. Such potential increased imports from the Russian Federation would disrupt the Union’s market for the fertilisers concerned and harm the Union’s producers of nitrogen fertilisers, who are already facing difficulties in competing with imports from the Russian Federation because gas prices in the Union remain high. The long-term survival of the Union’s nitrogen fertiliser industry is of crucial importance for the Union’s food security because the Union’s agricultural sector needs the fertilisers concerned in order to produce food. Addressing the growing dependence on imports of the fertilisers concerned from the Russian Federation and preserving the viability of an autonomous Union nitrogen fertiliser industry is therefore vital to ensuring and maintaining the Union’s food security. In order to prevent future dependence on imports of agricultural goods from the Russian Federation, it is also necessary to adjust the tariff levels for the agricultural goods concerned.

    (6)  Tariff measures should also be taken in respect of the Republic of Belarus in order to prevent potential imports to the Union from the Russian Federation being diverted through the Republic of Belarus, given the Republic of Belarus’s close political and economic ties with the Russian Federation. Such diversion of potential imports could happen if the Union’s tariffs on imports of the goods concerned from the Republic of Belarus were to remain unchanged. Imports of the goods concerned that originate in or are exported, directly or indirectly, from the Russian Federation and the Republic of Belarus to the Union should therefore be subject to higher customs duties than imports from other third countries.

    (7)  Imports from the Russian Federation and the Republic of Belarus should not benefit from any lower tariffs under the Union’s tariff rate quotas on the basis of most-favoured-nation treatment. The reduced rates set out in the Union’s tariff rate quotas for the goods listed in the Annexes to this Regulation should therefore not apply to goods originating in or exported, directly or indirectly, from the Russian Federation or the Republic of Belarus to the Union.

    (8)  The envisaged increase in customs duties is not expected to affect global food security negatively because the increase in tariffs applies only to imports into the Union and does not affect the goods concerned if they are only transiting through the Union’s territory to third countries of final destination. On the contrary, the envisaged increase in Union import duties could increase the exports of the goods concerned to third countries and increase the availability of supplies in those third countries.

    (9)  At the same time, fertilisers play a significant role for food security as well as for the financial stability of farmers in the Union. It is therefore necessary to ensure predictable and sufficient access to fertilisers, at affordable price levels for farmers in the Union, which should in turn contribute to the stabilisation of agricultural markets. During a transitional period, the proposed measure would stimulate stepping-up production in the Union and allow for the reinforcement of alternative sources of supply from other international partners, minimising the risk that fertiliser prices for farmers in the Union increase substantially. To that end, the Commission should closely monitor the evolution of fertiliser prices on the Union’s market. If fertiliser prices increase substantially, the Commission should assess the situation and take all appropriate actions to remedy such price increase.

    (10)  The envisaged increase in customs duties is consistent with the Union’s external action in other areas, as set out in Article 21(3) of the Treaty on European Union (TEU). The state of relations between the Union and the Russian Federation has greatly deteriorated in recent years and particularly since 2022. That deterioration of relations is due to the Russian Federation’s blatant disregard for international law and, in particular, its unprovoked and unjustified war of aggression against Ukraine. Since July 2014, the Union has progressively imposed restrictive measures on trade with the Russian Federation in response to the Russian Federation’s actions against Ukraine.

    (11)  The Russian Federation is a member of the World Trade Organization (‘WTO’). However, the Union is currently allowed, by virtue of the exceptions that apply under the Agreement Establishing the World Trade Organization (‘WTO Agreement’), and in particular Article XXI of the General Agreement on Tariffs and Trade 1994 (security exceptions), to disregard the obligation to accord to goods imported from the Russian Federation most-favoured-nation treatment, and it is not prevented from imposing import duties higher than those contained in the Union’s schedule of tariff commitments on trade in goods, if the Union considers such measures to be necessary in order to protect the Union’s essential security interests.

    (12)  Relations between the Union and the Republic of Belarus have also deteriorated in recent years due to the Republic of Belarus’s disregard for international law, fundamental freedoms and human rights, as well as its support for the Russian Federation’s war of aggression against Ukraine. Since October 2020, the Union has progressively imposed restrictive measures on trade with the Republic of Belarus.

    (13)  The Republic of Belarus is not a member of the WTO. The Union is therefore not obliged, by virtue of the WTO Agreement, to accord to goods from the Republic of Belarus most-favoured-nation treatment and other treatment in line with that Agreement. In addition, existing trade agreements between the Union and the Republic of Belarus allow actions justified on the basis of applicable exception clauses, in particular security exceptions.

    (14)  In order to ensure uniform conditions for the implementation of this Regulation as regards the laying down of arrangements for the monitoring of import volumes, implementing powers should be conferred on the Commission. Those powers should be exercised in accordance with Regulation (EU) No 182/2011 of the European Parliament and of the Council(2).

    (15)  In accordance with the principle of proportionality, it is necessary and appropriate to lay down rules increasing tariffs on the goods concerned with immediate effect, firstly in order to achieve the basic objective of ensuring that the goods concerned that originate in or are exported, directly or indirectly, from the Russian Federation and the Republic of Belarus do not disturb the Union’s market for the goods concerned and, secondly, in order to implement the Common Commercial Policy and to reduce the Union’s imports of the goods concerned from the Russian Federation and the Republic of Belarus in response to concerns that such imports could negatively affect the Union’s internal market and impair the Union’s food security. This Regulation does not go beyond what is necessary to achieve the objectives pursued in accordance with Article 5(4) TEU.

    (16)  In order to prevent further economic dependence of the Union on imports of the goods concerned from the Russian Federation and the Republic of Belarus, this Regulation should enter into force on the day following that of its publication in the Official Journal of the European Union,

    HAVE ADOPTED THIS REGULATION:

    Article 1

    1.  Goods classified under the Combined Nomenclature (CN) codes listed in Annex I that are imported into the Union and that originate in or are exported, directly or indirectly, from the Russian Federation or the Republic of Belarus shall be subject to an additional 50 % ad valorem customs duty that is to apply on top of the applicable Common Customs Tariff rate. Such goods originating in or exported, directly or indirectly, from the Russian Federation or the Republic of Belarus shall not be eligible for lower import duties for limited quantities (tariff rate quotas) where those duties apply pursuant to the Union’s obligations under the WTO Agreement or where tariff rate quotas are opened by the Union on another basis.

    2.  Goods classified under the CN codes listed in Annex II that are imported into the Union and that originate in or are exported, directly or indirectly, from the Russian Federation or the Republic of Belarus shall be subject to a customs duty as follows:

    (a)  with regard to the goods falling under CN code 3102:

    (i)  6,5 % ad valorem + 40 EUR/tonne from 1 July 2025 until 30 June 2026;

    (ii)  6,5 % ad valorem + 60 EUR/tonne from 1 July 2026 until 30 June 2027;

    (iii)  6,5 % ad valorem + 80 EUR/tonne from 1 July 2027 until 30 June 2028;

    (iv)  6,5 % ad valorem + 315 EUR/tonne from 1 July 2028;

    (b)  with regard to the goods falling under CN codes 3105 20, 3105 30, 3105 40, 3105 51, 3105 59 and 3105 90:

    (i)  6,5 % ad valorem + 45 EUR/tonne from 1 July 2025 until 30 June 2026;

    (ii)  6,5 % ad valorem + 70 EUR/tonne from 1 July 2026 until 30 June 2027;

    (iii)  6,5 % ad valorem + 95 EUR/tonne from 1 July 2027 until 30 June 2028;

    (iv)  6,5 % ad valorem + 430 EUR/tonne from 1 July 2028.

    3.  Notwithstanding paragraph 2, if cumulative import volumes of goods listed in point (a) or point (b) of that paragraph reach the following thresholds, the Commission shall, within 21 days, impose a duty at the level set out in point (a)(iv) or point (b)(iv), respectively, of that paragraph, for the remaining imports of those goods in the given period:

    (a)  2,7 million tonnes from 1 July 2025 until 30 June 2026;

    (b)  1,8 million tonnes from 1 July 2026 until 30 June 2027;

    (c)  0,9 million tonnes from 1 July 2027 until 30 June 2028.

    4.  The Commission may adopt implementing acts laying down the arrangements for monitoring the import volumes set out in paragraph 3 of this Article. Those implementing acts shall be adopted in accordance with the advisory procedure referred to in Article 3(2).

    Article 2

    1.  The Commission shall monitor prices applicable in the Union of the goods listed in Annex II for a period of four years from … [the date of entry into force of this Regulation].

    2.  In the event that the price levels of the goods listed in Annex II substantially exceed the 2024 price levels during the period referred to in paragraph 1, the Commission shall assess the situation and take all appropriate actions to remedy such price increase. Such actions may include, where appropriate, a proposal for the temporary suspension of tariffs for those goods imported from and originating in countries other than the Russian Federation or the Republic of Belarus.

    Article 3

    1.  The Commission shall be assisted by the Customs Code Committee established by Regulation (EU) No 952/2013 of the European Parliament and of the Council(3). That committee shall be a committee within the meaning of Regulation (EU) No 182/2011.

    2.  Where reference is made to this paragraph, Article 4 of Regulation (EU) No 182/2011 shall apply.

    Article 4

    This Regulation shall enter into force on the day following that of its publication in the Official Journal of the European Union.

    In respect of the goods listed in Annex I, this Regulation shall apply from … [four weeks from the date of entry into force of this Regulation].

    This Regulation shall be binding in its entirety and directly applicable in all Member States.

    Done at …,

    For the European Parliament For the Council

    The President The President

    ANNEX I

    List of goods referred to in Article 1(1)

    CN code

    Description

    01

    Live animals

    02

    Meat and edible meat offal

    04

    Dairy produce; birds’ eggs; natural honey; edible products of animal origin, not elsewhere specified or included

    05

    Products of animal origin, not elsewhere specified or included

    06

    Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage

    Ex 07

    Edible vegetables and certain roots and tubers, except:

    0713 10 peas (Pisum sativum)

    0713 20 chickpeas (garbanzos)

    08

    Edible fruits and nuts; peel of citrus fruit or melons

    09

    Coffee, tea, maté and spices

    1004

    Oats

    1006

    Rice

    1008 60

    Triticale

    Ex 11

    Products of the milling industry; malt; starches; inulin; wheat gluten, except CN code 1106 10 00

    1209

    Seeds, fruits and spores, of a kind used for sowing

    1210

    Hop cones, fresh or dried, whether or not ground, powdered or in the form of pellets; lupulin

    1211

    Plants and parts of plants (including seeds and fruits), of a kind used primarily in perfumery, in pharmacy or for insecticidal, fungicidal or similar purposes, fresh, chilled, frozen or dried, whether or not cut, crushed or powdered

    1212

    Locust beans, seaweeds and other algae, sugar beet and sugar cane, fresh, chilled, frozen or dried, whether or not ground; fruit stones and kernels and other vegetable products (including unroasted chicory roots of the variety Cichorium intybus sativum), of a kind used primarily for human consumption, not elsewhere specified or included

    1213

    Cereal straw and husks, unprepared, whether or not chopped, ground, pressed or in the form of pellets

    1214

    Swedes, mangolds, fodder roots, hay, lucerne (alfalfa), clover, sainfoin, forage kale, lupines, vetches and similar forage products, whether or not in the form of pellets

    13

    Lac; gums, resins and other vegetable saps and extracts

    1401

    Vegetable materials of a kind used primarily for plaiting (e.g. bamboos, rattans, reeds, rushes, osier, raffia, cleaned, bleached or dyed cereal straw, and lime bark)

    1404 20

    Cotton linters

    1501

    Pig fat (including lard) and poultry fat, other than that falling under headings 0209 or 1503

    1502

    Fats of bovine animals, sheep or goats, other than those falling under heading 1503

    1503

    Lard stearin, lard oil, oleostearin, oleo-oil and tallow oil, not emulsified or mixed or otherwise prepared

    1505

    Wool grease and fatty substances derived therefrom (including lanolin)

    1506

    Other animal fats and oils and their fractions, whether or not refined, but not chemically modified

    1509

    Olive oil and its fractions, whether or not refined, but not chemically modified

    1510

    Other oils and their fractions, obtained solely from olives, whether or not refined, but not chemically modified, including blends of these oils or fractions with oils or fractions falling under heading 1509

    1511

    Palm oil and its fractions, whether or not refined, but not chemically modified

    1513

    Coconut (copra), palm kernel or babassu oil and fractions thereof, whether or not refined, but not chemically modified

    1515 30

    Castor oil and its fractions

    1515 50

    Sesame oil and its fractions

    1515 60

    Microbial fats and oils and their fractions

    1515 90 11

    Tung oil; jojoba and oiticica oils; myrtle and japan wax; their fractions

    1515 90 21

    Crude tobacco-seed oil and its fractions, for technical or industrial uses other than the manufacture of foodstuffs for human consumption

    1515 90 29

    Crude tobacco-seed oil and its fractions, excluding for technical or industrial uses other than the manufacture of foodstuffs for human consumption

    1515 90 31

    Tobacco-seed oil and its fractions other than crude, for technical or industrial uses other than the manufacture of foodstuffs for human consumption

    1515 90 39

    Tobacco-seed oil and its fractions other than crude, excluding for technical or industrial uses other than the manufacture of foodstuffs for human consumption

    1516 10

    Animal fats and oils and their fractions

    1516 20 10

    Hydrogenated castor oil, so-called ‘opal-wax’

    1516 30

    Microbials fats and oils and their fractions

    1517

    Margarine, edible mixtures or preparations of animal, vegetable or microbial fats or oils or of fractions of different fats or oils of Chapter 15, other than edible fats or oils or their fractions falling under heading 1516

    1518 00 10

    Linoxyn

    1520

    Glycerol, crude; glycerol waters and glycerol lyes

    1521

    Vegetable waxes (other than triglycerides), beeswax, other insect waxes and spermaceti, whether or not refined or coloured

    1522

    Degras; residues resulting from the treatment of fatty substances or animal or vegetable waxes

    1601

    Sausages and similar products of meat, meat offal, blood or insects; food preparations based on these products

    1602

    Other prepared or preserved meat, meat offal, blood or insects

    17

    Sugars and sugar confectionery

    18

    Cocoa and cocoa preparations

    19

    Preparations of cereals, flour, starch or milk; pastrycooks’ products

    20

    Preparations of vegetables, fruit, nuts or other parts of plants

    21

    Miscellaneous edible preparations

    22

    Beverages, spirits and vinegar

    2301 10

    Flours, meals and pellets, of meat or offal, unfit for human consumption; greaves

    2302 10

    Bran, sharps and other residues of maize (corn), whether or not in the form of pellets, derived from sifting, milling or other working

    2302 40 02

    Bran, sharps and other residues of rice, whether or not in the form of pellets, derived from sifting, milling or other working, with starch content not exceeding 35 %

    2302 40 08

    Bran, sharps and other residues of rice, whether or not in the form of pellets, derived from sifting, milling or other working, other than with starch content not exceeding 35 %

    2302 50

    Bran, sharps and other residues of leguminous plants, whether or not in the form of pellets, derived from sifting, milling or other working

    2306 90 11

    Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of olive oil, containing 3 % or less by weight of olive oil

    2306 90 19

    Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of olive oil, containing more than 3 % by weight of olive oil

    2307

    Wine lees; argol

    2308 00 11

    Grape marc, whether or not in the form of pellets, of a kind used in animal feeding, not elsewhere specified or included, having a total alcoholic strength by mass not exceeding 4,3 % mas and a dry matter content not less than 40 % by weight

    2308 00 19

    Grape marc, whether or not in the form of pellets, of a kind used in animal feeding, not elsewhere specified or included, other than having a total alcoholic strength by mass not exceeding 4,3 % mas and a dry matter content not less than 40 % by weight

    2308 00 40

    Acorns and horse-chestnuts; pomace or marc of fruit, other than grapes, whether or not in the form of pellets, of a kind used for animal feeding, not elsewhere specified or included

    2309 10

    Dog or cat food, put up for retail sale

    2309 90 10

    Fish or marine mammal solubles, of a kind used in animal feeding

    2309 90 33

    Preparations, including premixes, of a kind used in animal feeding, containing glucose, glucose syrup, maltodextrine or maltodextrine syrup of subheadings 1702 30 50, 1702 30 90, 1702 40 90, 1702 90 50 and 2106 90 55 but containing no starch or containing 10 % or less by weight of starch and containing not less than 10 % but less than 50 % by weight of milk products

    2309 90 35

    Preparations, including premixes, of a kind used in animal feeding, containing glucose, glucose syrup, maltodextrine or maltodextrine syrup of subheadings 1702 30 50, 1702 30 90, 1702 40 90, 1702 90 50 and 2106 90 55 but containing no starch or containing 10 % or less by weight of starch and containing not less than 50 % but less than 75 % by weight of milk products

    2309 90 39

    Preparations, including premixes, of a kind used in animal feeding, containing glucose, glucose syrup, maltodextrine or maltodextrine syrup of subheadings 1702 30 50, 1702 30 90, 1702 40 90, 1702 90 50 and 2106 90 55 but containing no starch or containing 10 % or less by weight of starch and containing not less than 75 % by weight of milk products

    2309 90 43

    Preparations, including premixes, of a kind used in animal feeding, containing glucose, glucose syrup, maltodextrine or maltodextrine syrup of subheadings 1702 30 50, 1702 30 90, 1702 40 90, 1702 90 50 and 2106 90 55 and containing more than 10 % but not more than 30 % by weight of starch and containing not less than 10 % but less than 50 % by weight of milk products

    2309 90 49

    Preparations, including premixes, of a kind used in animal feeding, containing glucose, glucose syrup, maltodextrine or maltodextrine syrup of subheadings 1702 30 50, 1702 30 90, 1702 40 90, 1702 90 50 and 2106 90 55 and containing more than 10 % but not more than 30 % by weight of starch and containing not less than 50 % by weight of milk products

    2309 90 53

    Preparations, including premixes, of a kind used in animal feeding, containing glucose, glucose syrup, maltodextrine or maltodextrine syrup of subheadings 1702 30 50, 1702 30 90, 1702 40 90, 1702 90 50 and 2106 90 55 and containing more than 30 % by weight of starch and containing not less than 10 % but less than 50 % by weight of milk products

    2309 90 59

    Preparations, including premixes, of a kind used in animal feeding, containing glucose, glucose syrup, maltodextrine or maltodextrine syrup of subheadings 1702 30 50, 1702 30 90, 1702 40 90, 1702 90 50 and 2106 90 55 and containing more than 30 % by weight of starch and containing not less than 50 % by weight of milk products

    2309 90 70

    Preparations, including premixes, of a kind used in animal feeding, containing no starch, glucose, glucose syrup, maltodextrine or maltodextrine syrup but containing milk products

    24

    Tobacco and manufactured tobacco substitutes; products, whether or not containing nicotine, intended for inhalation without combustion; other nicotine containing products intended for the intake of nicotine into the human body

    2905 43

    Mannitol

    2905 44

    D-glucitol (sorbitol)

    3301

    Essential oils (terpeneless or not), including concretes and absolutes; resinoids; extracted oleoresins; concentrates of essential oils in fats, in fixed oils, in waxes or the like, obtained by enfleurage or maceration; terpenic by-products of the deterpenation of essential oils; aqueous distillates and aqueous solutions of essential oils

    3501

    Casein, caseinates and other casein derivatives; casein glues

    3502

    Albumins (including concentrates of two or more whey proteins, containing by weight more than 80 % whey proteins, calculated on the dry matter), albuminates and other albumin derivatives

    3503

    Gelatin (including gelatin in rectangular (including square) sheets, whether or not surface-worked or coloured, and gelatin derivatives; isinglass; other glues of animal origin, excluding casein glues of heading 3501

    3504

    Peptones and their derivatives; other protein substances and their derivatives, not elsewhere specified or included; hide powder, whether or not chromed

    3505

    Dextrins and other modified starches (e.g. pregelatinised or esterified starches); glues based on starches, dextrins or other modified starches

    3809 10

    Finishing agents, dye carriers to accelerate the dyeing or fixing of dyestuffs and other products and preparations (e.g. dressings and mordants), of a kind used in the textile, paper, leather or like industries, not elsewhere specified or included, with a basis of amylaceous substances

    3824 60

    Sorbitol other than that of subheading 2905 44

    4101

    Raw hides and skins of bovine (including buffalo) or equine animals (fresh, or salted, dried, limed, pickled or otherwise preserved, but not tanned, parchment-dressed or further prepared), whether or not dehaired or split

    4102

    Raw skins of sheep or lambs (fresh, or salted, dried, limed, pickled or otherwise preserved, but not tanned, parchment-dressed or further prepared), whether or not with wool on or split, other than those excluded by note 1(c) to Chapter 41

    4103

    Other raw hides and skins (fresh, or salted, dried, limed, pickled or otherwise preserved, but not tanned, parchment-dressed or further prepared), whether or not dehaired or split, other than those excluded by note 1(b) or note 1(c) to Chapter 41

    4301

    Raw fur skins (including heads, tails, paws and other pieces or cuttings, suitable for furriers’ use), other than raw hides and skins of heading 4101, 4102 or 4103

    5001

    Silkworm cocoons suitable for reeling

    5002

    Raw silk (not thrown)

    5003

    Silk waste (including cocoons unsuitable for reeling, yarn waste and garneted stock)

    5101

    Wool, not carded or combed

    5102

    Fine or coarse animal hair, not carded or combed

    5103

    Waste of wool or of fine or coarse animal hair, including yarn waste but excluding garneted stock

    5201

    Cotton, not carded or combed

    5202

    Cotton waste (including yarn waste and garneted stock)

    5203

    Cotton, carded or combed

    5301

    Flax, raw or processed but not spun; flax tow and waste (including yarn waste and garneted stock)

    5302

    True hemp (Cannabis sativa L.), raw or processed, but not spun; tow and waste of true hemp (including yarn waste and garneted stock)

    ANNEX II

    List of goods referred to in Article 1(2)

    CN code

    Description

    3102

    Mineral or chemical fertilisers, nitrogenous

    Ex 3105

    Mineral or chemical fertilisers containing two or three of the fertilising elements nitrogen, phosphorus and potassium; other fertilisers; goods of Chapter 31 in tablets or similar forms or in packages of a gross weight not exceeding 10 kg, except:

    3105 10 00 – Goods of Chapter 31 in tablets or similar forms or in packages of a gross weight not exceeding 10 kg

    3105 60 00 – Mineral or chemical fertilisers containing the two fertilising elements phosphorus and potassium

    (1) Position of the European Parliament of 22 May 2025.
    (2) Regulation (EU) No 182/2011 of the European Parliament and of the Council of 16 February 2011 laying down the rules and general principles concerning mechanisms for control by Member States of the Commission’s exercise of implementing powers (OJ L 55, 28.2.2011, p. 13, ELI: http://data.europa.eu/eli/reg/2011/182/oj).
    (3) Regulation (EU) No 952/2013 of the European Parliament and of the Council of 9 October 2013 laying down the Union Customs Code (OJ L 269, 10.10.2013, p. 1, ELI: http://data.europa.eu/eli/reg/2013/952/oj).

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  • MIL-OSI Europe: In-Depth Analysis – Implementing defence financing and spending under the Economic Governance Framework – 22-05-2025

    Source: European Parliament

    This briefing examines the European Commission’s plans to finance and implement greater defence expenditure in Europe. In particular, it analyses the SAFE mechanism, National Escape Clause implementation across Member States, fiscal implications assessed by the ECB, and proposals to repurpose cohesion funds for defence objectives. This is an update of a previous version.

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  • MIL-OSI Europe: EU Fact Sheets – The EU’s expenditure – 22-05-2025

    Source: European Parliament

    Budget expenditure is approved jointly by the Council and Parliament. The annual EU budget must respect the expenditure ceilings agreed under the multiannual financial framework (MFF) for different headings, i.e. categories of expenditure, such as those on the single market, cohesion and natural resources. Thematic and non-thematic special instruments ensure that the EU can react in the event of unexpected needs. The use of budgetary guarantees and financial instruments creates a leverage effect as regards EU spending. In addition to the MFF, the total EU expenditure for 2021-2027 includes the temporary recovery instrument NextGenerationEU, which will help the EU economy to recover from the COVID-19 crisis.

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  • MIL-OSI Europe: EU Fact Sheets – Small and medium-sized enterprises – 22-05-2025

    Source: European Parliament

    Small and medium-sized enterprises (SMEs) constitute 99% of companies in the EU. Various action programmes have been adopted in order to increase the competitiveness of SMEs through research and innovation, and to provide better access to finance. Strategies to ensure better conditions for SMEs have also taken into account carbon neutrality and the digital transition. Also, recent geopolitical developments have stimulated new thinking about economic recovery, reconstruction and building SME resilience.

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  • MIL-OSI Europe: Text adopted – Amendments to the Capital Requirements Regulation as regards securities financing transactions under the net stable funding ratio – P10_TA(2025)0111 – Thursday, 22 May 2025 – Brussels

    Source: European Parliament

    (Text with EEA relevance)

    THE EUROPEAN PARLIAMENT AND THE COUNCIL OF THE EUROPEAN UNION,

    Having regard to the Treaty on the Functioning of the European Union, and in particular Article 114 thereof,

    Having regard to the proposal from the European Commission,

    After transmission of the draft legislative act to the national parliaments,

    Having regard to the opinion of the European Central Bank(1),

    Having regard to the opinion of the European Economic and Social Committee(2),

    Acting in accordance with the ordinary legislative procedure(3),

    Whereas:

    (1)  Regulation (EU) 2019/876 of the European Parliament and of the Council(4) introduced into Regulation (EU) No 575/2013 of the European Parliament and of the Council(5) the net stable funding ratio (NSFR) requirement for credit institutions. That requirement reflected part of the Basel III standards agreed by the Basel Committee on Banking Supervision (BCBS), which were developed to ensure that credit institutions have sufficient stable funding on a one-year horizon, and thus to prevent an excessive maturity mismatch between assets and liabilities and an overreliance on short-term wholesale funding. The NSFR requirement has been applicable since 28 June 2021.

    (2)  Article 428r(1), point (g), Article 428s(1), point (b), and Article 428v, point (a), of Regulation (EU) No 575/2013 currently provide for the stable funding factors for monies due from financing transactions with financial customers, where those transactions have a residual maturity of less than six months. Those funding factors are, depending on the financing transaction concerned, 0 %, 5 % or 10 %. However, Article 510(8) of Regulation (EU) No 575/2013 provides that, by 28 June 2025, those funding factors are to be raised to 10 %, 15 % and 15 %, respectively. That deferred raise aimed to give credit institutions sufficient time to gradually adapt to a more conservative calibration and to assess whether that calibration was appropriate. In addition to that deferred raise, other adjustments were adopted to ensure that the introduction of the NSFR requirement did not disrupt the liquidity of the related collateral markets, including sovereign bond markets.

    (3)  Under Article 510(6) of Regulation (EU) No 575/2013, the European Supervisory Authority (European Banking Authority) (EBA) established by Regulation (EU) No 1093/2010 of the European Parliament and of the Council(6), was mandated to assess the appropriateness of the treatment of the stable funding required to cover the funding risk linked to securities financing transactions (SFTs) and to unsecured transactions with financial customers where those SFTs or unsecured transactions have a residual maturity of less than six months. In line with that mandate, EBA delivered a report on specific aspects of the NSFR framework on 16 January 2024. That report concluded that raising the required stable funding factors applying to the transactions referred to in Article 428r(1), point (g), Article 428s(1), point (b), and Article 428v, point (a), of Regulation (EU) No 575/2013 would have a negligible impact on the NSFR levels of credit institutions. However, that report did not assess the broader dimension or spillover effects regarding the liquidity of the sovereign debt markets and the effects on sovereign bond markets. Therefore, the considerations justifying the deferral of the raising of required stable funding factors, as provided for in Article 510(8) of Regulation (EU) No 575/2013, continue to prevail. In particular, as the bulk of SFTs are collateralised by sovereign debt instruments, a raise in the related required stable funding could reduce the liquidity in the markets concerned. That could, in turn, risk creating additional funding costs for Member States and altering monetary policy transmission mechanisms.

    (4)  In addition, other BCBS member jurisdictions have set required stable funding factor levels for SFTs that are identical to those that are currently applicable under Regulation (EU) No 575/2013. In that context, given the intense international competition in the SFT market, raising the required stable funding factors by 28 June 2025 would create an uneven international playing field that would be detrimental to Union financial markets.

    (5)  To avoid those unintended consequences, the current stable funding factors for SFTs and for unsecured transactions with financial customers, where such transactions have a residual maturity of less than six months, should be made permanent.

    (6)  To ensure sufficient monitoring of interactions between the stable funding requirements and the market liquidity of assets received as collateral in SFTs and of unsecured transactions with financial customers, where such transactions have a residual maturity of less than six months, including when collateralised by sovereign debt, the funding risk for credit institutions, and possible international developments in that area, EBA should report to the Commission every five years on the appropriateness of those stable funding requirements.

    (7)  Temporarily discontinuing the prudential treatment for monies due from SFTs and for unsecured transactions with financial customers, with a residual maturity of less than six months, would create legal uncertainty for market participants and undue administrative and financial burden for the Union banking sector in general that could be mitigated by clearly setting the expected date of application of the provisions concerned. Therefore, to ensure the continuity of that prudential treatment, this amending Regulation should apply from 29 June 2025.

    (8)  Regulation (EU) No 575/2013 should therefore be amended accordingly,

    HAVE ADOPTED THIS REGULATION:

    Article 1

    Amendments to Regulation (EU) No 575/2013

    Article 510 of Regulation (EU) No 575/2013 is amended as follows:

    (1)  paragraph 6 is amended as follows:

    (a)  the introductory wording is replaced by the following:”

    ‘EBA shall monitor the amount of stable funding required to cover the funding risk linked to securities financing transactions, including to the assets received or given in those transactions, and to unsecured transactions with financial customers, where such transactions have a residual maturity of less than six months. EBA shall report to the Commission by 31 January 2029, and every five years thereafter, on the appropriateness of that stable funding requirement. Taking into account international developments and the regulatory treatment of similar transactions in other jurisdictions, those reports shall assess at a minimum:’;

    (b)  points (d) and (e) are replaced by the following:”

    ‘(d) the adequacy of the asymmetric treatment between liabilities with a residual maturity of less than six months provided by financial customers that are subject to a 0 % available stable funding factor in accordance with Article 428k(3), point (c), and assets resulting from transactions with a residual maturity of less than six months with financial customers that are subject to a 0 %, 5 % or 10 % required stable funding factor in accordance with Article 428r(1), point (g), Article 428s(1), point (b), and Article 428v, point (a);

       (e) the impact of the introduction of higher or lower required stable funding factors for securities financing transactions, in particular with a residual maturity of less than six months, with financial customers, on:
       (i) the price structure of those transactions; and
       (ii) the market liquidity of assets received as collateral in those transactions, in particular of sovereign and corporate bonds;’;

    (2)  paragraphs 7 and 8 are deleted.

    Article 2

    Entry into force and application

    This Regulation shall enter into force on the day following that of its publication in the Official Journal of the European Union.

    It shall apply from 29 June 2025.

    This Regulation shall be binding in its entirety and directly applicable in all Member States.

    Done at …, …

    For the European Parliament For the Council

    The President The President

    (1) Opinion of 2 May 2025 (not yet published in the Official Journal).
    (2) Opinion of 29 April 2025 (not yet published in the Official Journal).
    (3) Position of the European Parliament of 22 May 2025.
    (4) Regulation (EU) 2019/876 of the European Parliament and of the Council of 20 May 2019 amending Regulation (EU) No 575/2013 as regards the leverage ratio, the net stable funding ratio, requirements for own funds and eligible liabilities, counterparty credit risk, market risk, exposures to central counterparties, exposures to collective investment undertakings, large exposures, reporting and disclosure requirements, and Regulation (EU) No 648/2012 (OJ L 150, 7.6.2019, p. 1, ELI: http://data.europa.eu/eli/reg/2019/876/oj).
    (5) Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and amending Regulation (EU) No 648/2012 (OJ L 176, 27.6.2013, p. 1, ELI: http://data.europa.eu/eli/reg/2013/575/oj).
    (6) Regulation (EU) No 1093/2010 of the European Parliament and of the Council of 24 November 2010 establishing a European Supervisory Authority (European Banking Authority), amending Decision No 716/2009/EC and repealing Commission Decision 2009/78/EC (OJ L 331, 15.12.2010, p. 12, ELI: http://data.europa.eu/eli/reg/2010/1093/oj).

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  • MIL-OSI Europe: Answer to a written question – PEF and natural fibres – E-001299/2025(ASW)

    Source: European Parliament

    The Product Environmental Footprint Category Rules for Apparel and Footwear (PEFCR A&F)[1] were developed by the textile industry based on Recommendation 2021/2279[2].

    The aim is to facilitate reliable measurement of environmental impacts across a product’s life cycle, from raw material extraction to its end-of-life.

    The PEFCR identifies environmental hotspots to support companies in improving their products but does not allow the communication of an overall single score and therefore cannot underpin the comparison among products made of different fibres in business-to-consumer communication.

    Circularity aspects, such as renewability and biodegradability, are integrated into the Environmental Footprint (EF) method’s 16 impact categories. Separated indicators could lead to double-counting and therefore they are deemed as not needed.

    Regarding microplastics, while their release is not yet a specific impact category due to the lack of a robust scientific model, the PEFCR A&F already requires an assessment of fibre fragmentation during laundry.

    The Commission will make an effort to include the latest scientific evidence related to microplastic release in the upcoming revision of the EF methods.

    The use of natural fibres as a biodegradable and microplastic free alternative to fossil-based synthetic fibres will also be looked at in the context of the review of the EU Bioeconomy Strategy[3].

    • [1] https://pefapparelandfootwear.eu/.
    • [2] Commission Recommendation (EU) 2021/2279 of 15 December 2021 on the use of the Environmental Footprint methods to measure and communicate the life cycle environmental performance of products and organisations, C/2021/9332, OJ L 471, 30.12.2021, p. 1-396.
    • [3] expected by the end of 2025: https://environment.ec.europa.eu/news/commission-launches-consultation-eu-bioeconomy-strategy-2025-03-31_en.
    Last updated: 22 May 2025

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  • MIL-OSI Europe: Answer to a written question – Infringement of the Habitats Directive in Galicia as a result of the authorities’ failure to protect priority habitats and critical species – E-001114/2025(ASW)

    Source: European Parliament

    The project in question has been subject to an assessment[1] under the Environmental Impact Assessment Directive (EIAD)[2] and the Habitats Directive[3] that covers the effects on the site Serra do Careón[4] and the habitats it hosts.

    The competent authorities have also assessed the impact of the project on the endangered plant species and natural habitat types of community interest[5], as well as the compensatory measures proposed by the developer prior to the project’s approval. The EIAD provides for a process of participation where the public concerned was able to express their views on the project.

    Pursuant to Spanish law, the environmental impact statement issued by the competent authorities does not constitute a development consent for the project, which is subject to the obtention of all the relevant permits required under EU environmental law. There are no indications of a possible infringement of EU law at this point in the procedure.

    The EIAD also provides for specific review procedures that allow the public concerned to challenge before national courts the substantive or procedural legality of decisions, acts or omissions subject to the EIAD provisions on public participation.

    The Commission does not have the power to suspend projects carried out in Member States. It focuses its enforcement action on structural and systemic cases rather than on individual cases of alleged non- compliance[6].

    Based on the information available, the Altri large-scale project does not seem to receive funds from the Recovery and Resilience Facility (RRF)[7] at this stage.

    Consequently, the Commission is not in a position to provide an assessment of the concrete project’s alignment with the RRF requirements, including the ‘Do No Significant Harm’ principle.

    • [1] https://www.xunta.gal/dog/Publicados/2025/20250314/AnuncioG0760-070325-0001_es.html.
    • [2] Directive 2011/92/EU of the European Parliament and of the Council of 13 December 2011 on the assessment of the effects of certain public and private projects on the environment. OJ L 26, 28.1.2012, p. 1-21, as amended by Directive 2014/52/EU of 16 April 2014, OJ L 124, 25.4.2014, p. 1-18.
    • [3] Article 6(3) of Council Directive 92/43/EEC of 21 May 1992 on the conservation of natural habitats and of wild fauna and flora, OJ L 206, 22.7.1992, p. 7-50.
    • [4] Natura 2000 site code: ES1110014.
    • [5] Priority habitats 6220* and 4020*, mentioned in Written Question E-114/2025.
    • [6] As set out in the communication of 19 January 2017 (EU law: Better results through better application — C/2016/8600, OJ C 18, 19.1.2017, p. 10-20) and in the communication of 13 October 2022 COM(2022) 518 final — Enforcing EU law for a Europe that delivers.
    • [7] https://commission.europa.eu/business-economy-euro/economic-recovery/recovery-and-resilience-facility_en.
    Last updated: 22 May 2025

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  • MIL-OSI Europe: Answer to a written question – COP16: outcomes, assessments and pledges – E-000934/2025(ASW)

    Source: European Parliament

    The resumed session of the Convention on Biological Diversity (CBD) Conference of the Parties (COP)16 agreed on the crucial issues of resource mobilisation, technical updates to the monitoring framework and procedures for the global review of implementation at COP17 and 19. This allows CBD processes to continue and provides wider impetus for multilateral environmental negotiations.

    48 Parties submitted revised national biodiversity strategies and action plans whilst 125 Parties uploaded national targets aligned with the Kunming Montreal Global Biodiversity Framework (GBF).

    There is ongoing work in other Parties. Parties also implement the GBF through other policies. The seventh national reports to be submitted by all Parties by February 2026 will allow a more complete analysis.

    A further increase of resources from all sources will be necessary for achieving target 19 of the GBF. The Commission and Member States will continue work in this regard, leveraging private finance and public budgets — including through the multiannual financial framework[1]. The identification, phasing out or repurposing of harmful subsidies remains extremely important.

    The Commission is implementing the updated GBF monitoring framework at EU level. This will continue in the years to come and will support the assessment of progress in implementation of the GBF in the seventh and eighth national reports to the CBD, which are due in 2026 and 2029, respectively.

    The Commission is consulting the Member States on the use of indicators in view of increasing synergies in the reporting exercise, facilitating this work, maximising coherence and minimising duplication of efforts. CBD COP17 will review the use of indicators at the global level.

    • [1] https://commission.europa.eu/strategy-and-policy/eu-budget/long-term-eu-budget/2021-2027_en.
    Last updated: 22 May 2025

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  • MIL-OSI Europe: Press release – Employment and Social Affairs Committee to discuss just transition in Ruhr area

    Source: European Parliament

    An Employment and Social Affairs Committee delegation is travelling to Germany’s Ruhr area to visit chemical and steel plants and educational facilities.

    Five MEPs from Parliament’s Employment and Social Affairs Committee will be in the Ruhr area from 26 to 28 May 2025 to meet with business leaders, trade union representatives and the state government. The delegation will be led by Dennis Radtke (EPP, DE). The other four members of the delegation are:

    Interested journalists can accompany the delegation or join the concluding press briefing on 27 May.

    On Monday 26 May, MEPs will visit the Chemical Park Marl, one of the largest chemical industry centres in Europe. They will also visit thyssenkrupp Duisburg, an international industrial and technology group.

    On Tuesday 27 May, the parliamentarians will meet workers and trade union representatives for a discussion at the Quaz-Ruhr Qualification Centre in Bochum. The delegation will also stop at Ruhr University Bochum (RUB), where they will visit the Worldfactory Start-up-Center and Makerspace, both central RUB hubs for start-ups and technology transfer.

    In the afternoon, the MEPs will visit DASA − Germany’s largest exhibition on the world of work, where they will have a debate with the North Rhine-Westphalia State Minister for Labour, Health, and Social Affairs, Karl-Josef Laumann.

    Press briefing

    On Tuesday 27 May, at around 17:30, there will be a press briefing with Dennis Radtke (EPP, DE), the head of the delegation, and State Minister Karl-Josef Laumann at DASA, Working World Exhibit.

    For any media questions, or to register for the press briefing, you are kindly advised to get in touch with Parliament’s press officer in Germany, Thilo Kunzemann (email: thilo.kunzemann@europarl.europa.eu; phone: +49 171 388 4775).

    Background

    Historically, the Ruhr area is well-known across Europe for its production of coal, iron, and steel. Production reached peak levels in the 1950s, when the sector accounted for about 70% of the Ruhr’s total workforce. With decarbonisation, jobs in the sector have since decreased drastically, and the region has shifted from an industry-based economy to one based on services and knowledge. The region is often seen as a successful example of the just transition, having transformed into a major “green hub”.

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  • MIL-OSI Europe: Answer to a written question – Monitoring of EPOCH platform activities – E-001470/2025(ASW)

    Source: European Parliament

    Since its launch, the European Platform on Combatting Homelessness has evolved into an impactful initiative. It supports, among other things, Member States in designing or reviewing national homelessness strategies based on a person-centred, housing-led and integrated approach.

    The first work programme of the Platform for the period 2022-2024[1] had three work strands: data and analysis, mutual learning and access to finance.

    The activities supported by the Commission include[2]: a pilot project on a European Homelessness Count; two projects with the Organisation for Economic Cooperation and Development on a policy toolkit and on monitoring and evaluation; a number of mutual learning events; the European Platform on Combatting Homelessness Practice project to promote knowledge and capacity building; and four social innovation projects on different aspects of homelessness.

    Finally, a working group co-chaired with the Council of Europe Development Bank aims at mapping funding options and at developing projects to combat homelessness.

    A new work programme, building on the ongoing activities, is currently being drafted with the input of Platform members. The Platform’s work is also expected to feed into the preparation of the forthcoming EU flagship social initiatives, namely the new Action Plan of the European Pillar of Social Rights, the EU Anti-Poverty Strategy and the European Affordable Housing Plan.

    • [1] https://employment-social-affairs.ec.europa.eu/document/download/4c863f95-cf93-4581-8b36-33259f9e8663_en?filename=UDW%20TRW1_ex_summary.pdf.
    • [2] For a full overview of the activities and of the national strategies, see the website of the Platform: https://employment-social-affairs.ec.europa.eu/policies-and-activities/social-protection-social-inclusion/addressing-poverty-and-supporting-social-inclusion/homelessness_en.
    Last updated: 22 May 2025

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  • MIL-OSI Europe: Answer to a written question – Promoting knowledge learning and transfer in the crafts and heritage restoration professions – E-000968/2025(ASW)

    Source: European Parliament

    The traditional crafts and heritage occupations typically require vocational education and training (VET). The Commission has recently launched the Union of Skills[1], a comprehensive strategy that addresses skills across all levels of education, and across all sectors of the economy, so that artisans can be supported to sustain and preserve their skills.

    Organisations from the craft and heritage sector can join the European Alliance for Apprenticeship (EAfA)[2] to network and exchange with other organisations, i.e. about how to reduce administrative burden.

    Under the Pact for Skills, the large-scale skills partnership for Cultural and Creative industries[3] identified supporting VET initiatives that can serve the preservation and the further development of technical skills, arts and crafts as the priority.

    Thanks to Regulation (EU) 2023/2411[4], as from December 2025, producers of craft and industrial products will be able to obtain an EU-wide registration of their geographical indication. This new protection tool is known for helping to pass on know-how, particularly to younger generations.

    Horizon Europe currently funds four projects on ‘traditional crafts for the future: a new approach’[5]. The Erasmus+ programme contributes to the learning and exchange of know-how in the crafts, as part of VET learning mobility of apprentices and cooperation projects[6].

    The Creative Europe programme contributes to the preservation of cultural heritage, including the transmission and promotion of heritage professionals’ skills and craft through several actions among which are Europa Nostra[7] and Culture Moves Europe[8].

    Artisans specialising in heritage restoration may apply for individual mobility grants and participate in residencies.

    • [1] https://commission.europa.eu/topics/eu-competitiveness/union-skills_en.
    • [2] https://employment-social-affairs.ec.europa.eu/policies-and-activities/skills-and-qualifications/working-together/european-alliance-apprenticeships_en.
    • [3] https://pact-for-skills.ec.europa.eu/about/industrial-ecosystems-and-partnerships/creative-and-cultural-industries_en.
    • [4] https://eur-lex.europa.eu/eli/reg/2023/2411/oj/eng.
    • [5] Namely Tracks4crafts, Colour4crafts, Hephaestus, and Craeft; https://cordis.europa.eu/programme/id/HORIZON_HORIZON-CL2-2022-HERITAGE-01-04.
      Other crafts-focused projects include Culturality (https://culturalityproject.eu/), aimed at promoting rural and remote areas through cultural tourism activities leveraging traditional crafts, CRAFT-IT4SD (https://cordis.europa.eu/project/id/101132596), focused on craft revitalization for futureproofing the transition to innovative technologies for sustainable development, and Make-a-Thek (https://cordis.europa.eu/project/id/101177660/fr), Modular library makerspaces for heritage crafts innovation and digitization.
    • [6] For more information on Erasmus+ opportunities, please refer to: https://op.europa.eu/en/publication-detail/-/publication/4f38e3b2-39b7-11ed-9c68-01aa75ed71a1/language-en.
    • [7] A pan-European network dedicated to the promotion of heritage professional voices.
    • [8] A mobility scheme for artists and cultural professionals in all 40 creative Europe countries and covering sectors such as architecture and cultural heritage.
    Last updated: 22 May 2025

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  • MIL-OSI Europe: Answer to a written question – The detrimental impact of housing market regulation on supply and prices – E-001072/2025(ASW)

    Source: European Parliament

    The Commission is carrying out a consultation during 2025 on the issues related to affordable housing raised by the Honourable Member, and following that, will put forward a European Affordable Housing Plan (EAHP). This Plan will assess the specificities of the rental market, too.

    The Commission will also analyse and — if necessary — make further proposals related to short-term accommodation rentals and/or make proposals to address the use of the current housing stock.

    In addition, the Commission will conduct an analysis of the impact of housing speculation and its economic consequences, as well as propose follow-up actions where needed.

    At the same time, the Commission notes that housing — in line with the principles of subsidiarity and proportionality — is mainly a responsibility of Member States, regions and local authorities and in developing the EAHP, the Commission will respect these principles.

    While the Commission does not at this stage plan to produce a report on the impact of national regulations on housing availability in the Member States, the Commission seeks solutions where value can be added at EU level and aims at facilitating the sharing of best practices among stakeholders.

    The Commission notes that it is important to attract private investments to housing. The Commission and the European Investment Bank (EIB) group have recently laid the foundations for a new pan-European investment platform for affordable and sustainable housing[1].

    The Commission will continue to work with EIB, national promotional banks, international financial institutions and other stakeholders to support local and national efforts.

    • [1] https://ec.europa.eu/commission/presscorner/detail/en/ip_25_671.
    Last updated: 22 May 2025

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  • MIL-OSI Europe: Answer to a written question – Securing the EU’s external borders in the context of new migration flows – E-000996/2025(ASW)

    Source: European Parliament

    The Commission recognises the challenges faced by Member States at EU external borders in managing migration flows. The Commission will continue to provide financial assistance through the Instrument for Financial Support for Border Management and Visa Policy (BMVI) established by Regulation (EU) 2021/1148[1], and operational support via the European Border and Coast Guard Agency (Frontex), as set out in Regulation (EU) 2019/1896[2].

    The Commission adopted a decision to provide an additional EUR 3 billion to support Member States with the implementation of the Pact on Migration and Asylum and to host refugees from Ukraine[3].

    Frontex’s deployment of personnel and equipment to vulnerable regions will be enhanced, subject to the available budget as well as Member State agreement and cooperation.

    The Commission is committed to strengthening Frontex’s capacity. Plans to increase logistical, financial, and operational support are under review, with a focus on ensuring adequate resources for border management. The Commission will work closely with Member States to assess needs and allocate resources effectively.

    Well-managed integration of migrants is part of the Pact on Asylum and Migration[4] and is important for its success. In the framework of the action plan on integration and inclusion[5], the Commission provides financial support to Member States on migrants’ integration under EU funds, such as Asylum Migration and Integration Funds[6] and the European Social Fund+[7], and promotes exchanges of good practices.

    • [1] Regulation (EU) 2021/1148 of the European Parliament and of the Council of 7 July 2021 establishing, as part of the Integrated Border Management Fund, the Instrument for Financial Support for Border Management and Visa Policy, OJ L 251, 15.7.2021, p. 48-93, http://data.europa.eu/eli/reg/2021/1148/oj.
    • [2] Regulation (EU) 2019/1896 of the European Parliament and of the Council of 13 November 2019 on the European Border and Coast Guard and repealing Regulations (EU) No 1052/2013 and (EU) 2016/1624, OJ L 295, 14.11.2019, p. 1-131, http://data.europa.eu/eli/reg/2019/1896/oj.
    • [3] https://ec.europa.eu/commission/presscorner/detail/en/ip_25_1176.
    • [4] https://home-affairs.ec.europa.eu/policies/migration-and-asylum/pact-migration-and-asylum_en.
    • [5] Action plan on integration and inclusion 2021-2027 | European Website on Integration, https://home-affairs.ec.europa.eu/policies/migration-and-asylum/legal-migration-resettlement-and-integration/integration/action-plan-integration-and-inclusion_en.
    • [6] Regulation (EU) 2021/1147 of the European Parliament and of the Council of 7 July 2021 establishing the Asylum, Migration and Integration Fund, OJ L 251, 15.7.2021, p. 1-47, http://data.europa.eu/eli/reg/2021/1147/oj.
    • [7] Regulation (EU) 2021/1057 of the European Parliament and of the Council of 24 June 2021 establishing the European Social Fund Plus (ESF+) and repealing Regulation (EU) No 1296/2013, OJ L 231, 30.6.2021, p. 21-59, http://data.europa.eu/eli/reg/2021/1057/oj.
    Last updated: 22 May 2025

    MIL OSI Europe News

  • MIL-OSI: KANZHUN LIMITED to Hold Annual General Meeting on June 27, 2025

    Source: GlobeNewswire (MIL-OSI)

    BEIJING, May 22, 2025 (GLOBE NEWSWIRE) — KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ; HKEX: 2076), a leading online recruitment platform in China, today announced that it will hold an annual general meeting of the Company’s shareholders (the “AGM”) at 3 p.m. Beijing time on June 27, 2025 at 21/F, GrandyVic Building, Taiyanggong Middle Road, Chaoyang District, Beijing, China for the purposes of considering and, if thought fit, passing with or without amendments, each of the proposed resolutions as set forth in the notice of the AGM (the “AGM Notice”). The AGM Notice, a circular in relation to the AGM, and the form of proxy for the AGM are available on the Company’s website at https://ir.zhipin.com. The board of directors of the Company fully supports the proposed resolutions and recommends that shareholders and holders of American depositary shares (“ADSs”) vote in favor of the proposed resolutions.

    Holders of record of ordinary shares of the Company at the close of business on May 22, 2025, Hong Kong time, are entitled to notice of, to attend and vote at, the AGM or any adjournment thereof. Holders of record of ADSs as of the close of business on May 22, 2025, New York time, who wish to exercise their voting rights for the underlying Class A ordinary shares must give voting instructions to Citibank, N.A., the depositary of the ADSs.

    The Company has filed its annual report on Form 20-F, including its audited financial statements, for the fiscal year ended December 31, 2024, with the U.S. Securities and Exchange Commission (the “SEC”). The Company’s annual report on Form 20-F can be accessed on the Company’s website at https://ir.zhipin.com and on the SEC’s website at http://www.sec.gov.

    Safe Harbor Statement

    This press release contains statements that may constitute “forward-looking” statements which are made pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the SEC, in announcements made on the website of The Stock Exchange of Hong Kong Limited, in its interim and annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about the Company’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the Company’s filings with the SEC and The Stock Exchange of Hong Kong Limited. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

    About KANZHUN LIMITED

    KANZHUN LIMITED operates the leading online recruitment platform BOSS Zhipin in China. The Company connects job seekers and enterprise users in an efficient and seamless manner through its highly interactive mobile app, a transformative product that promotes two-way communication, focuses on intelligent recommendations, and creates new scenarios in the online recruiting process. Benefiting from its large and diverse user base, BOSS Zhipin has developed powerful network effects to deliver higher recruitment efficiency and drive rapid expansion.

    For more information, please visit https://ir.zhipin.com.

    For investor and media inquiries, please contact:

    KANZHUN LIMITED
    Investor Relations
    Email: ir@kanzhun.com

    In China:

    PIACENTE FINANCIAL COMMUNICATIONS
    Helen Wu
    Tel: +86-10-6508-0677
    Email: kanzhun@tpg-ir.com

    In the United States:

    PIACENTE FINANCIAL COMMUNICATIONS
    Brandi Piacente
    Phone: +1-212-481-2050
    Email: kanzhun@tpg-ir.com

    The MIL Network