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  • MIL-OSI Russia: IMF Executive Board Concludes 2025 Article IV Consultation with Antigua and Barbuda

    Source: IMF – News in Russian

    March 17, 2025

    Washington, DC: On March 13, 2025, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation[1] with Antigua and Barbuda and endorsed the staff appraisal without a meeting on a lapse-of-time basis. The authorities need more time to consider the publication of the Staff Report prepared for this consultation.[2]

    Antigua and Barbuda’s post-pandemic economic expansion is continuing. Real output is estimated to have surpassed pre-pandemic levels in 2024, with growth estimated at 4.3 percent, driven by strong tourism and one-off events (including the 4th International Conference on Small Island Developing States and the T20 Cricket World Cup). Inflation was elevated in 2024, reflecting contributions from specific items, notably communication, as well as increases in indirect taxes.

    The recovery in nominal GDP, along with improved fiscal balances, brought down the public debt from around 100 percent of GDP in 2020 to 67 percent in 2024. However, gross financing needs are projected to remain around 10 percent of GDP in the medium term. Substantial domestic and external arrears, albeit with domestic arrears uncertain in size, have limited financing options. The fiscal primary balance improved to 4.6 percent in 2024, aided by indirect tax increases, a broader economic recovery, and one-off factors (e.g., nearly 2 percent of GDP from an asset forfeiture and unusually low capital spending). The 2025 Budget envisages stronger tax revenues and higher capital spending.

    According to Eastern Caribbean Central Bank (ECCB) preliminary estimates, the current account deficit narrowed to 7 percent of GDP in 2024, reflecting both a higher service trade balance—mainly tourism receipts—and a smaller goods deficit due to a contraction in imports. FDI inflows were resilient to tightening global financial conditions and continued to support ongoing hotel construction. Credit growth is recovering, with nonperforming loans contained.

    Executive Board Assessment[3]

    In concluding the 2025 Article IV consultation with Antigua and Barbuda, Executive Directors endorsed the staff’s appraisal, as follows:

    Antigua and Barbuda’s post-pandemic economic expansion continues. Economic activity, boosted by tourism, is estimated to have surpassed pre-pandemic levels. As the recovery matures, staff projects economic growth to moderate from 3 percent in 2025 to 2½ percent over the medium term. After an increase in inflation in 2024, in part reflecting one-off factors, underlying price pressures are expected to dissipate. The external position in 2024 is assessed to be moderately weaker than the level implied by medium term fundamentals and desirable policies. Efforts to raise revenue and address debt and fiscal challenges bore fruit in 2024, though further steps will be needed to restore debt sustainability, address the stock of outstanding arrears, and reduce gross financing needs in the medium term.

    Risks are currently tilted to the downside, although upside risks are also present. Downside risks emanate from elevated uncertainty about the global outlook; a deepening of geoeconomic fragmentation; commodity price volatility; climate-related vulnerabilities; and capacity constraints in the construction sector. Upside risks stem from stronger demand for tourism; improved air connectivity; new cruise port facilities; hosting of special events; and the intensification of productivity-enhancing structural reforms, which could support higher medium- and long-term growth.

    Addressing external and domestic arrears is key to broadening financing options. While the fall in nominal debt in 2024 is welcome, outstanding arrears to domestic suppliers and to the Paris Club remain obstacles to debt sustainability and constrain Antigua and Barbuda’s potential access to external and domestic financing. Given the additional vulnerabilities stemming from climate change and the resulting substantial adaption and resilience-building investment needs, efforts to address the current debt challenges, bolster government revenues, and improve public financial management are all the more critical. 

    Recent improvements in tax revenue are welcome, with further domestic revenue mobilization needed in the medium term to ensure fiscal sustainability. Antigua and Barbuda’s tax revenues remain below the authorities’ fiscal resilience guideline targets and are low by peer country standards. The authorities’ 2024 Budget measures have started to close the gap, but more will be needed in the medium term. To mobilize revenue without recourse to a personal income tax or higher ABST rates, near-term priorities could include tighter control of tax exemptions, transitioning to HS2022 classification in customs, and modernizing the framework for property taxation. Intensifying efforts to introduce a single window system at customs and to operationalize systems to allow e-filing, e-payment and e-registration of taxes is warranted. Introducing a large taxpayer unit as well as modernized IT systems would strengthen tax administration.

    Better targeted social assistance would enhance inclusion while curbing inefficiencies. The current framework of social protection is fragmented across sectors and ministries. Staff sees scope to streamline these social programs to reduce overlap and tailor social assistance to the most vulnerable households. In this vein, staff encourages the development of a centralized information system or unified database to maintain accurate records of all beneficiaries, track support received, and identify gaps or duplications in coverage.

    Room remains to strengthen fiscal institutions and oversight, building on recent progress. The operationalization of the Fiscal Responsibility Oversight Committee is welcome. To promote transparency and help build public understanding, staff encourages publication of FROC reports once further experience has been gained. These goals would also be served by parliamentary endorsement of the Fiscal Resilience Guidelines and the medium-term fiscal framework. Statutory exemptions should be consistent with the Antigua and Barbuda Investment Authority Act and the Antigua and Barbuda Investment Authority should monitor the approved projects. The envisaged reestablishment of the SOE unit in the Ministry of Finance would enhance SOE oversight and contain potential fiscal risks.

    To reinforce financial stability and build on efforts to promote financial inclusion, regional coordination remains key. Staff assesses the financial sector to be broadly stable, with credit growth recovering and non-performing loans approaching prudential levels. The launch of the regional credit bureau can promote faster access to credit while maintaining lending standards. The ECCB-led climate risk initiatives and the regional partial credit guarantee scheme should also boost credit quality and financial intermediation. A more risk-based supervisory framework for credit unions, with enhanced monitoring of asset quality and credit forbearance measures in the context of the planned regional common regulatory standards, would help put credit unions and banks on a more level playing field. The inclusion of the ECCB in the National Oversight Committee on Financial Action improves coordination among supervisory authorities. The increase in investment thresholds for the Citizenship by Investment Program and the improved due diligence process can help safeguard the program’s integrity. 

    Intensifying reforms to improve the business environment would support potential growth by improving the allocation of resources between firms and addressing obstacles to firms’ operations. Staff analysis finds potential for large aggregate productivity gains from the reallocation of resources between firms, and scope to continue addressing obstacles that firms report in areas such as workforce education, access to finance, and customs and trade regulations. Targeted efforts to increase educational opportunities, employer‑employee matching at the One Stop Employment Centre, and the completion of the Skills Demand Survey, are warranted. Offering courses at local institutions could increase financial literacy among MSMEs, and implementing the single electronic window at customs would increase the efficiency of importing and exporting of goods.

    Table 1. Antigua and Barbuda: Selected Economic and Financial Indicators

     

    Population (2023)

    102,195

    Adult literacy rate (2015)

    99

    GDP per capita (US$, 2023)

    19,627

    Mean years of schooling (2022)

    10.5

    Life expectancy at birth (years, 2022)

    79.2

    Human Development Index rank

    54

    Mortality rate (under 5, per 1,000 live births, 2022)                    10                                        (2022, of 193 economies)

     

     

     

     

     

     

     

    Est.

    Projections

    2020

    2021

    2022

    2023

    2024

    2025

    2026

    2027

    2028

    2029

    National Income and Prices

    Real GDP

    -18.9

    8.2

    9.1

    2.4

    4.3

    3.0

    2.5

    2.5

    2.5

    2.5

    Nominal GDP

    -18.2

    13.5

    16.5

    7.5

    10.9

    6.7

    5.0

    4.6

    4.5

    4.5

    Consumer prices (end of period)

    2.8

    1.2

    9.2

    3.3

    6.0

    3.0

    2.0

    2.0

    2.0

    2.0

    Consumer prices (period average)

    1.1

    1.6

    7.5

    5.1

    6.4

    3.5

    2.4

    2.0

    2.0

    2.0

     

    Money and Credit

    Net foreign assets

    -4.4

    18.2

    3.3

    0.2

    3.3

    3.2

    3.8

    2.5

    1.3

    0.3

    Net domestic assets

    -0.6

    -4.4

    1.3

    4.4

    -1.3

    6.4

    1.3

    2.0

    3.2

    4.2

    Broad money (M2)

    -8.7

    13.9

    4.6

    4.6

    2.1

    9.5

    5.0

    4.6

    4.5

    4.5

    Credit to private sector

    4.8

    -4.1

    -2.1

    7.0

    10.2

    6.0

    5.5

    5.0

    5.0

    5.0

     

    Central Government

    Primary balance

    -3.7

    -2.3

    -0.3

    0.5

    4.6

    0.7

    0.8

    0.9

    1.0

    1.0

    Overall balance

    -6.2

    -4.5

    -2.8

    -1.7

    2.5

    -1.3

    -1.0

    -0.7

    -0.6

    -0.5

       Total revenue and grants

    19.8

    18.9

    17.9

    17.1

    21.4

    19.9

    20.1

    20.2

    20.1

    20.0

       Total expenditure

    26.0

    23.4

    20.7

    18.8

    18.9

    21.2

    21.1

    20.9

    20.7

    20.5

     

    External Sector

    Current account balance

    -15.6

    -17.8

    -15.6

    -13.5

    -7.0

    -10.5

    -10.2

    -10.1

    -9.8

    -9.5

    Trade balance

    -28.6

    -29.6

    -34.4

    -32.8

    -28.2

    -30.4

    -30.3

    -30.2

    -30.0

    -29.9

    Nonfactor service balance

    17.3

    19.5

    28.2

    28.4

    30.4

    28.8

    29.1

    29.4

    29.6

    29.9

       Of which: Gross tourism receipts

    29.2

    30.5

    44.4

    45.4

    46.8

    46.7

    47.2

    47.7

    48.1

    48.5

    Overall balance

    -6.5

    3.5

    -0.1

    -2.5

    0.5

    0.9

    1.5

    -0.1

    -1.1

    -1.4

    External public sector debt

    47.5

    45.5

    39.4

    36.0

    30.9

    31.1

    34.5

    37.3

    39.7

    39.0

     

    Savings-Investment Balance

    -15.6

    -17.8

    -15.6

    -13.5

    -7.0

    -10.5

    -10.2

    -10.1

    -9.8

    -9.5

    Savings

    22.4

    28.4

    25.4

    25.3

    28.0

    25.6

    25.2

    25.0

    24.8

    24.7

    Investment

    38.0

    46.2

    41.0

    38.8

    35.0

    36.1

    35.4

    35.0

    34.6

    34.2

     

    Memorandum Items

    Net imputed international reserves (US$ million)                      222          324           346           319          322           375           443

    491

    517

    524

      (Months of prospective imports)

    3.1

    3.2

    3.3

    3.1

    2.7

    3.0

    3.4

    3.6

    3.6

    3.5

    GDP at market prices (EC$ million)

    3,811

    4,326

    5,040

    5,416

    6,007

    6,408

    6,731

    7,037

    7,353

    7,684

    Public debt stock (EC$ million) 1/, 2/

    3,829

    4,021

    4,134

    4,134

    4,028

    4,063

    4,265

    4,410

    4,502

    4,601

      (Percent of GDP)

    100.5

    93.0

    82.0

    76.3

    67.1

    63.4

    63.4

    62.7

    61.2

    59.9

    Sources: Country authorities, ECCB, UN Human Development Report, World Bank, and IMF staff estimates and projections.

    1/ Includes stock of principal and interest arrears, unpaid vouchers, and suppliers’ credits.

    2/ Includes central government guarantees of state enterprises’ and statutory bodies’ debt.
                                 

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

    [2] Under the IMF’s Articles of Agreement, publication of documents that pertain to member countries is voluntary and requires the member consent. The authorities have requested additional time to decide on the publication of the staff report. A final decision is expected not later than 28 days from the Board consideration date.

    [3] The Executive Board takes decisions under its lapse-of-time procedure when the Board agrees that a proposal can be considered without convening formal discussions.

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Meera Louis

    Phone: +1 202 623-7100Email: MEDIA@IMF.org

    https://www.imf.org/en/News/Articles/2025/03/17/pr25067-antigua-and-barbuda-imf-executive-board-concludes-2025-article-iv-consultation

    MIL OSI

    MIL OSI Russia News –

  • MIL-OSI Global: Thirty years ago Ukraine got rid of its nuclear arsenal – now some people regret that decision

    Source: The Conversation – UK – By Jennifer Mathers, Senior Lecturer in International Politics, Aberystwyth University

    Around 73% of Ukrainians now want their country to “restore” its nuclear weapons, according to a recent opinion poll. Most Ukrainians (58%) were in favour of their country owning nuclear weapons, even if it meant losing western allies.

    This suggests an underlying regret that Ukraine agreed to relinquish the world’s third largest nuclear arsenal as part of the Budapest Memorandum around 30 years ago. This agreement, signed in December 1994, provided security guarantees for Ukraine from the US, the UK and Russia in return for giving up the weapons. Ukraine also agreed it would not acquire nuclear weapons in the future.

    The focus on nuclear weapons is intensifying all over Europe. This week the Polish president, Andrzej Duda, called on the US to station its nuclear weapons in his country to deter Russian attacks. He cited Moscow’s decision to deploy nuclear weapons just across the border in Belarus during 2023 as part of his reasoning.

    Trump’s apparent weakening commitment to Nato has also prompted the French president, Emmanuel Macron, to suggest that France could extend protection of its own nuclear weapons to its allies.

    It’s clear that some Ukrainians now believe that their country would have been less likely to have experienced a Russian invasion if it had held on to its nuclear capacity. Ukrainians now question how much they can rely on other states after the failure of security guarantees that were central to the 1994 agreement.

    The pledges by the US, UK and Russia to protect the sovereignty and independence of Ukraine were put to the test in 2014 when Russia invaded and then annexed Crimea and began providing financial and military backing for militia leaders in eastern Ukraine who claimed to lead pro-Russian separatist movements.



    Read more:
    Are Ukrainians ready for ceasefire and concessions? Here’s what the polls say

    The US and UK imposed economic sanctions against Russia and provided training, equipment and non-lethal weapons to the Ukrainian armed forces. But these measures fell well short of ensuring Ukraine’s sovereignty and were insufficient to help Ukraine retake its territory.

    Similarly, US and UK support for Ukraine since the start of Russia’s full-scale invasion in 2022, although valuable and much appreciated by the Ukrainians, has not been enough to allow Kyiv to completely expel Russian troops from Ukrainian territory.

    What was the Budapest Memorandum?

    What if Ukraine still had nuclear weapons?

    But what if Ukraine had never given up its nuclear weapons? The logic of deterrence suggests that Putin would have not have invaded and attacked a nuclear-armed Ukraine. But the argument that Ukraine should not have surrendered the Soviet nuclear weapons on its territory overlooks the specific circumstances. For while physical components of a nuclear weapons capability – delivery vehicles and nuclear warheads – were within Ukraine’s grasp, the launch codes remained in Moscow, and Russian leaders showed no willingness to relinquish them.

    So, Kyiv would have had no control over whether, when or against whom those weapons might have been used. The risk to Ukraine of becoming the target of another state’s nuclear strike would have been considerable, and the Kyiv government would have been unable to do anything to reduce that risk. Retaining nuclear weapons left over from the Soviet period would have probably made Ukrainians less rather than more secure.



    Read more:
    What is the value of US security guarantees? Here’s what history shows

    Ukraine also lacked the economic resources to maintain the nuclear weapons on its territory, or develop them into a credible deterrent force. In exchange for giving up nuclear weapons, Ukraine received much-needed economic assistance from the west.

    In the 1990s Ukrainian views were shaped by the 1986 accident at the Chernobyl nuclear power plant. This had a devastating and lasting impact on the land and the people in that part of Ukraine, highlighting the risks of the nuclear sector. In 1994, when the Budapest Memorandum was being negotiated, only 30% of Ukrainians were in favour of Ukraine possessing nuclear weapons.

    What now?

    Ukraine would face considerable technical challenges in developing nuclear weapons today, both in creating the necessary quantities of fissile material for warheads and manufacturing delivery vehicles.

    Kyiv would also need to pay for an expensive nuclear weapons development programme at a time when the Ukrainian economy is struggling to supply its soldiers with conventional weapons and meet the needs of civilians.

    And unless Ukraine’s international supporters were on board, Kyiv might face the withdrawal of economic and military aid at a crucial juncture. If Moscow detected any move on Ukraine’s part to develop nuclear weapons, there would be a strong motive for a preemptive Russian strike to put an end to that plan.

    But even though it may not be feasible for Ukraine to develop an independent nuclear deterrent in the short term, Kyiv may feel compelled to pursue a nuclear weapons programme unless Ukraine is provided with serious and reliable security guarantees. With the Trump administration apparently ruling out Nato membership for Ukraine, the onus is on the country’s international supporters to come up with an alternative unless they want to see further nuclear proliferation in Europe.

    Jennifer Mathers does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Thirty years ago Ukraine got rid of its nuclear arsenal – now some people regret that decision – https://theconversation.com/thirty-years-ago-ukraine-got-rid-of-its-nuclear-arsenal-now-some-people-regret-that-decision-251733

    MIL OSI – Global Reports –

  • MIL-OSI: Coface SA: Disclosure of trading in own shares (excluding the liquidity agreement) made on March 10, 2025 to March 14, 2025

    Source: GlobeNewswire (MIL-OSI)

    COFACE SA: Disclosure of trading in own shares (excluding the liquidity agreement) made on March 10, 2025 to March 14, 2025

    Paris, 17 March 2025 – 17.45

    Pursuant to Regulation (EU) No 596/2014 of 16 April 2014 on market abuse1

    The main features of the 2024-2025 Share Buyback Program have been published on the Company’s website (http://www.coface.com/Investors/Disclosure-requirements, under “Own share transactions”) and are also described in the 2023 Universal Registration Document.

    Trading session
    of (Date)    		 Number
    of shares    		 Weighted
    average price    		 Gross amount MIC Code Purpose
    of buyback
    10/03/2025 12,000 16.5508 € 198,609 € XPAR LTIP
    11/03/2025 11,478 16.4003 € 188,243 € XPAR LTIP
    12/03/2025 9,000 16.5253 € 148,727 € XPAR LTIP
    13/03/2025 9,000 16.5720 € 149,148 € XPAR LTIP
    14/03/2025 8,500 16.7526 € 142,397 € XPAR LTIP
    Total 10/03/2025 – 14/03/2025 49,978 16.5498 € 827,125 €   LTIP

    CONTACTS

    ANALYSTS / INVESTORS
    Thomas JACQUET: +33 1 49 02 12 58 – thomas.jacquet@coface.com
    Rina ANDRIAMIADANTSOA: +33 1 49 02 15 85 – rina.andriamiadantsoa@coface.com

    FINANCIAL CALENDAR 2025
    (subject to change)

    Q1-2025 results: 5 May 2025 (after market close)
    Annual General Shareholders’ Meeting: 14 May 2025
    H1-2025 results: 31 July 2025 (after market close)
    9M-2025 results: 3 November 2025 (after market close)

    FINANCIAL INFORMATION
    This press release, as well as COFACE SA’s integral regulatory information, can be found on the Group’s website: http://www.coface.com/Investors

    For regulated information on Alternative Performance Measures (APM), please refer to our Interim Financial Report for H1-2024 and our 2023 Universal Registration Document (see part 3.7 “Key financial performance indicators”).

      Regulated documents posted by COFACE SA have been secured and authenticated with the blockchain technology by Wiztrust.
    You can check the authenticity on the website www.wiztrust.com.
     

    COFACE: FOR TRADE
    As a global leading player in trade credit risk management for more than 75 years, Coface helps companies grow and navigate in an uncertain and volatile environment.
    Whatever their size, location or sector, Coface provides 100,000 clients across some 200 markets. with a full range of solutions: Trade Credit Insurance, Business Information, Debt Collection, Single Risk insurance, Surety Bonds, Factoring.
    Every day, Coface leverages its unique expertise and cutting-edge technology to make trade happen, in both domestic and export markets.
    In 2024, Coface employed ~5,236 people and registered a turnover of €1.84 billion.

    www.coface.com

    COFACE SA is listed in Compartment A of Euronext Paris
    ISIN: FR0010667147 / Ticker: COFA

    1 Also in pursuant to Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (and updates); Article L.225-209 and seq. of the French Commercial Code; Article L.221-3, Article L.241-1 and seq. of the General Regulation of the French Market Authority (AMF); AMF Recommendation DOC-2017-04 Guide for issuers on their own shares transactions and for stabilization measures.

    Attachment

    The MIL Network –

  • MIL-OSI United Nations: Security Council Extends Mandate of United Nations Mission in Afghanistan, Unanimously Adopting Resolution 2777 (2025)

    Source: United Nations MIL OSI b

    The Security Council today decided to extend the mandate of the United Nations Assistance Mission in Afghanistan (UNAMA) until 17 March 2026, also welcoming its ongoing efforts in the implementation of its mandated tasks and priorities.

    Unanimously adopting resolution 2777 (2025) (to be issued as document S/RES/2777 (2025)), the Council stressed the importance of the Mission’s continued presence and called on all relevant stakeholders to coordinate with it to ensure the safety, security and freedom of movement of UN and associated personnel throughout the country.  The 15-member organ also requested that the Secretary-General report every three months on the situation in Afghanistan and the implementation of UNAMA’s mandate.

    Speaking after the adoption, Afghanistan’s representative expressed support for UNAMA’s vital role, adding that the text rightfully acknowledges his country’s multifaceted challenges, which range from a devastating economic crisis to rampant human rights violations.  Further, it highlights “the heartbreaking reality” that Afghan women and girls continue to be deprived of their most basic rights.  The presence of UNAMA and other UN agencies is essential for humanitarian aid and delivery, human rights protection and facilitating dialogue.

    “The Taliban’s continued failure and unwillingness to address the situation to establish a just, inclusive and representative system of governance” has impeded his country’s prospects for peace and isolated it, he added.  Highlighting the need to fight terrorism and strengthen the banking and financial systems, he said it is vital to enable the use of Afghanistan’s Central Bank assets through a legitimate Government.  After over three years of political stalemate, initiating an inclusive political dialogue remains a priority, alongside other aspects of the Mission’s mandate, he added.

    Council members who spoke today welcomed the unanimous adoption, with the representative of Denmark, Council President for March, who spoke in her national capacity, observing:  “In one united, strong voice, we showed the Afghan people that we have not forgotten them.”  As the Taliban continues to systematically persecute women and girls, she said, it was important for her delegation that the text reflect their deteriorating human-rights situation.

    Somalia’s delegate, also speaking for Guyana, Sierra Leone and Algeria, said the renewal reflects the Council’s united commitment in fostering stability and prosperity in Afghanistan.  He encouraged the international community to enhance coordination to address the various challenges Afghanistan faces.

    The representative of the Republic of Korea drew attention to the “three key elements” his delegation wanted to see reflected in the renewal, welcoming that all are present in today’s text.  First of these was the preservation of UNAMA’s robust, comprehensive mandate. Additionally, updated preambular language reflecting the Council’s views on the various challenges facing Afghanistan “marks the first update of its kind since 2022”, he noted.  He also expressed hope that new language on natural hazards will assist UNAMA in addressing the wide-ranging, destabilizing impacts of climate and environmental challenges.  Lastly, he emphasized the importance of “maintaining the Council’s vigilance on the situation in Afghanistan through quarterly reporting”.

    The text, China’s delegate said, captures the Council’s “positions, expectations and concerns” regarding the current multiple challenges in Afghanistan “in light of the evolving circumstances”.  Further, it notes the problems confronting Afghanistan — such as insufficient economic and humanitarian funding, as well as blocked aid — and reiterates the necessity to help rebuild the national banking and financial system.  It also emphasizes that women should enjoy equal rights in public life.  Underlining the need for “more engagement” with the interim Government to “achieve positive interactions”, he also expressed hope that such Government will respond to the international community’s “legitimate concerns”.

    The representative of Pakistan recalled a recent attack on a passenger train in his country, and emphasized:  “Throughout the attack, the terrorists were in direct contact with their handlers in Afghanistan, from where the attack was planned and directed.”  The Taliban Government “has not been effective” in eliminating Da’esh, has tolerated several other terrorist groups “and is complicit in the cross-border attacks against Pakistan by the TTP [Tehrik-e-Taliban Pakistan], together with the BLA [Balochistan Liberation Army] and the Majeed Brigade”, he stated.

    Noting that the text just adopted expresses concern over the presence of terrorist groups in Afghanistan and demands that the country’s territory not be used to threaten any State, plan or finance terrorism or shelter or train terrorists, he said the Council and its counter-terrorism machinery must secure implementation of such decisions.

    The representative of the United States said this adoption ensures that UNAMA remains a partner for the people of Afghanistan.  “It is up to the Taliban to demonstrate they are willing to take the necessary steps to meet their counter-terrorism commitments and respect Afghanistan’s international legal obligations,” she added.

    The representative of the Russian Federation, however, stressed the need to maintain pragmatic cooperation between the Mission and the de facto authorities.  Describing the text as “a collective product emphasizing support for the Afghan people”, she said it was the result of efforts to find “compromise solutions with due regard for the reality on the ground”.  “The main thing is that the tasks of UNAMA remain unchanged”, she added.

    MIL OSI United Nations News –

  • MIL-OSI Global: Fungi are among the planet’s most important organisms — yet they continue to be overlooked in conservation strategies

    Source: The Conversation – Canada – By Jonathan Cazabonne, Doctorant en mycologie et écologie des vieilles forêts, Université du Québec en Abitibi-Témiscamingue (UQAT)

    Fungi are among the most important organisms on Earth. Even though most of the world’s described 157,000 fungal species are only visible with a microscope, these organisms are essential to our ecosystems, our societies and economies.

    They break down organic matter and interact with all groups of organisms — including other fungi. They’re key actors in forest carbon storage, nutrient cycling, as well as plant growth and resistance to environmental stress.

    Fungi are also important to human cultures — including as a source of food, medicine and art. Economically, fungi also support a growing economy centred around mycotourism — with a growing number of travellers visiting Canada and Spain each year to forage for wild mushrooms.



    Read more:
    Rural communities in Québec are embracing ‘mushroom tourism’ to boost local economies

    All the benefits fungi provide to humans are estimated to be worth the equivalent of US$54.57 trillion. This is why it’s an understatement to say that the world’s ecosystems and human societies are shaped by fungi.

    And yet fungi continue to be an important but overlooked element of conservation strategies.

    Why fungi are forgotten

    Conservation efforts have long focused on protecting well-studied animals and plants. This is reflected in the number of species that have been assigned a conservation status by the International Union for the Conservation of Nature (IUCN).

    Around 84 per cent of known species of vertebrates have received an IUCN conservation status. But just 0.5 per cent of all described fungi — 818 fungal species — are currently present on the IUCN Red List of Threatened Species. Considering scientists estimate that there could be around 2.5 million fungal species in the world — of which we currently only know about six per cent of them — this means just 0.03 per cent of all fungi have been assigned a conservation status.

    Several factors explain this alarming reality.

    Fungi are difficult to study in both nature and under experimental conditions. This is because of many species’ microscopic size, their short lifespan and the hidden habitats they call home — such as soils, the tissues of other organisms and dung deposits.

    Many species of fungi are difficult to study because of their microscopic size.
    (Shutterstock)

    Fungi are also considered “uncharismatic” — meaning they don’t have the level of human appeal that some other species have. Much of their diversity is cryptic, as well. This means that while many fungi were once considered to be a single species, in reality they’re made up of multiple species that may look similar but are genetically distinct from one another. Because of this, conservation projects for fungi are poorly funded and do not easily capture public interest.

    Protecting the unknown

    In recent years, there’s been momentum within the scientific community to recognise fungi as a distinct kingdom within conservation strategies — one that’s on equal footing with animals and plants.

    A significant milestone in this movement has been the adoption of the term “funga,” which mirrors “fauna” and “flora”. This designates the fungal diversity within a given environment or habitat.

    Another important advancement was the recent pledge for fungal conservation that was presented at the 2024 Conference of Parties (COP16) in Colombia. This pledge urged parties to make fungal conservation a priority given fungi are central to achieving the biodiversity targets set out by the Kunming-Montréal Global Biodiversity Framework.

    More local initiatives are also emerging. In Québec, over 70 mycologists and biologists signed an opinion letter encouraging the government to integrate fungi into its legislative framework.

    Such progress is not trivial and may help correct misconceptions about fungi that continue to be present among the public, economic sectors and policymakers. For example, the misconception that fungi are plants is something that still persists to this day. Allowing this misconception to continue being perpetuated is harmful to the field of mycology, and may be preventing it from becoming a standalone discipline that deserves dedicated funding and specialists.

    Still, there’s much we don’t know about these unique, important organisms. And in order for us to be able to protect and preserve the planet’s fungi, we need to begin by formally identifying areas where knowledge is lacking and close these gaps.

    Last year, researchers used Laboulbeniomycetes — a class of poorly understood microfungi — as a case study to understand what biodiversity and conservation shortfalls continue to affect funga. This group of fungi includes species that rely on arthropods to disperse their spores or act as hosts for them. Many of these fungi live as minute parasites on the surface of insects such as cockroaches and ladybirds.

    The case study uncovered four major biodiversity shortfalls that are undermining the conservation of funga. These include knowledge gaps in species diversity, distribution, conservation assessments and species persistence.

    Part of conservation

    Failing to protect fungi means, by extension, failing to protect the roles they play in our ecosystems and daily lives.

    This is especially timely, as fungi, like animals and plants, are also facing numerous threats. Habitat degradation, pollution, invasive species and climate change may all increase their risks of extinction.

    And, as recently exemplified in vertebrates, many undescribed species of fungi may be even more at peril than we might know. This is because they’re most likely to be found in remote geographical regions — such as tropical rainforests — and thus heavily susceptible to human-induced changes.

    A key priority to better integrate fungi into conservation biology is to accumulate data on species diversity. But in order to accumulate data and understand how we can better protect fungal species worldwide, we need to fund research on fungi and make mycology a more attractive field for young scientists.

    One thing remains certain: the more we explore, the more we realise just how little we know.

    Jonathan Cazabonne is financially supported by a B2X doctoral research fellowship from the Fonds de Recherche du Québec – Nature et technologies (FRQNT).

    Danny Haelewaters receives funding from the Czech Academy of Sciences (Lumina Quaeruntur Fellowship LQ200962501).

    – ref. Fungi are among the planet’s most important organisms — yet they continue to be overlooked in conservation strategies – https://theconversation.com/fungi-are-among-the-planets-most-important-organisms-yet-they-continue-to-be-overlooked-in-conservation-strategies-250483

    MIL OSI – Global Reports –

  • MIL-OSI Global: Canada’s local food system faces major roadblocks without urgent policy changes

    Source: The Conversation – Canada – By Rosie Kerr, Research Associate, Sustainable Food Systems Lab, Lakehead University

    As Canada’s trade conflict with the United States escalates, governments are encouraging Canadians to buy local to support the country’s economic, social and environmental stability and independence.

    But while enthusiasm in purchasing locally made food is growing, actually identifying Canadian products in grocery stores is often confusing. Decades of free trade have deeply integrated Canada’s food supply chains with the U.S., making it difficult to determine what is actually local.



    Read more:
    Trump tariffs have sparked a ‘Buy Canadian’ surge, but keeping the trend alive faces hurdles

    Even for Canadian-owned companies, most food products are enmeshed in global supply chains and often contain a mix of Canadian and foreign ingredients.

    Canada’s beef industry is a striking example of this. Two multinational corporations — American-owned Cargill and Brazilian-owned JBS — process more than 95 per cent of beef produced in Canada. This means that even if some of the food consumers purchase is labelled as Canadian-owned, the economic benefit may be flowing outside the country

    As food systems researchers and practitioners who have explored ways for Canadians to feed themselves in equitable and sustainable ways, it has become clear that local food systems lack the infrastructure and supply to meet increasing demand.

    What’s holding local food systems back?

    In collaboration with Sustain, an Ontario-wide network that promotes healthy, just and sustainable food and farming, we conducted a study to understand the policy priorities of organizations and businesses working to build local food economies in regions across the province.

    Ontario already has a vibrant network of farmers, organizations and food entrepreneurs ready to meet local food demand. However, systemic challenges continue to hinder their ability to scale up production and distribution.

    To better understand how to support Ontario’s food system, we surveyed over 90 organizations working in different food-related sectors.

    Through this research, we developed a series of policy reports focused on supporting aspiring farmers, protecting land for food production and strengthening local food systems.

    Our findings show that regulatory changes to support small- and medium-sized enterprises and key investments could remove barriers and allow local food economies to flourish.

    Smaller farms struggling to survive

    Our study identified several barriers holding back Ontario’s local food economy. The first set of barriers are on the supply side. A strong local food system depends on a strong network of farmers. However, many small- and medium-sized farms that supply local markets face disproportionate barriers that threaten their survival.

    Many current government policies favour large-scale food production, making it difficult for smaller farmers to flourish.

    Compounding the issue is Canada’s looming farm succession crisis. More than 40 per cent of farmers in Canada are expected to retire by 2033, yet many aspiring farmers cannot afford to purchase farms or access start-up capital. When farmers can’t afford land, it’s often sold for non-agriculture uses.

    To tackle these barriers, our study calls for provincially supported low-interest loan programs to finance down-payments, construction and equipment. Strengthening policies to protect farmland from urban sprawl, among other strategies, is also essential, as is expanding access to public land for local, ecological food production.

    Processing, distribution bottlenecks

    The second set of barriers we identified affect the farm-to-plate process. Small- and medium- sized farmers need better access to retail opportunities to sell fresh produce, along with the infrastructure to process raw foods into products like flour, packaged meats, jams, sauces and pickles.

    This is especially evident in Ontario’s meat-processing sector, where a shortage of local abattoirs has led to long wait times.

    To address these issues, our study recommends increased investment in regional food hubs. Food hubs are shared-use facilities that manage the aggregation, processing and distribution of food products from local and regional producers, giving them better access to markets.

    These hubs are essential to meeting the growing demand coming for sustainable, local food from businesses, public institutions and school food programs. But they are only part of the picture.

    We also identified funding opportunities that could bolster local food economies. These include expanding Ontario’s Fair Finance Fund to provide more financing options for regional food enterprises and supporting new abattoirs through the expansion of the Meat Processors Capacity Improvement Initiative.

    A co-ordinated strategy is needed

    Ontario manufacturers, retailers and farmers have all shown a willingness to expand local food production, but they need better support from policymakers to make it viable. There must be policies in place to support local food production and processing, remove key barriers and prioritize much-needed investments.

    Across Canada, other provinces and territories face similar challenges in building strong local food networks. Most of the recommendations we heard are similarly outlined across different regions.

    With consumer interest in local food on the rise, this is a critical moment for governments at all levels to improve avenues for new farmers, invest in processing and storage facilities and build local distribution networks — all essential to building a robust local food system.

    Moe Garahan, a board member of Sustain Ontario, co-authored this article.

    Rosie Kerr receives funding from the Social Sciences and Humanities Research Council of Canada.

    Charles Z. Levkoe receives funding from the Social Sciences and Humanities Research Council of Canada and the Government of Ontario.

    Leigh Potvin receives funding from the Social Sciences and Humanities Research Council of Canada, the Ontario Council for Articulation and Transfer, the Government of Nova Scotia, and the University of the Arctic.

    – ref. Canada’s local food system faces major roadblocks without urgent policy changes – https://theconversation.com/canadas-local-food-system-faces-major-roadblocks-without-urgent-policy-changes-251578

    MIL OSI – Global Reports –

  • MIL-OSI United Kingdom: Revised Council Tax Support Scheme introduced

    Source: City of Liverpool

    A simplified Council Tax Support Scheme for working age people is coming into operation in Liverpool next month.

    Council Tax Support is a discount which helps households on low incomes with their annual bill.

    Around a third of households in Liverpool are in receipt of the benefit.

    The changes, which begin in April, have been designed to support people on the lowest incomes, ensure they are easy to understand and provides incentives for people moving into work.

    Households will get a 12-month award so they know how much their Council Tax bill will be reduced by over a year, enabling them to budget.

    The changes also align with Universal Credit and provide some certainty for people moving into or out of work, whilst continuing to provide support to those that need it most.

    The new-look scheme is designed to be financially sustainable but is still one of the most generous among the UK’s big ‘core’ cities and in the Liverpool City Region.

    The upper and lower limits in net earning bands have been extended by £50 per week for couples, while for households with children they are increased by £25 per child per week.

    The maximum percentage of Council Tax discounted has changed from 91.5 per cent to 84 per cent, and awards are capped at the level of a Band B property, which has an annual bill of £1,980.57.

    More information is available at https://liverpool.gov.uk/counciltaxsupport.

    The new changes do not affect the Council Tax Support Scheme for pensioner households, the rules for which are controlled by central Government.

    Deputy Council Leader and Cabinet Member for Finance, Resources and Transformation, Cllr Ruth Bennett, said: “We are hugely proud of the range of support we offer to the most vulnerable residents in Liverpool and take our responsibility extremely seriously.

    “However, we need to make sure that the Council Tax Support Scheme is affordable and sustainable in the long-term.

    “The changes make the scheme simpler to understand, and also provide households with a level of certainty by enabling them to know how much they will receive over a 12-month period, and is focused on providing support for those who need it most.

    “Our Council Tax Support Scheme remains one of the most generous among the big cities and within the Liverpool City Region.”

    MIL OSI United Kingdom –

  • MIL-OSI USA: Shaheen Statement on Vote to Avert a Government Shutdown That Would Hurt Granite Staters, Enable President Trump and Elon Musk to do More Harm

    US Senate News:

    Source: United States Senator for New Hampshire Jeanne Shaheen
    (Washington, DC) – U.S. Senator Jeanne Shaheen (D-NH), a top member of the U.S. Senate Appropriations Committee, released the following statement after voting to advance the continuing resolution to keep the government open:
    “Like so many Granite Staters, I’m deeply disturbed by the actions of this administration to cut programs millions of families rely on, fire civilian workers who keep us safe, disband agencies and create chaos. Let’s be very clear: playing into Republicans’ hand by allowing the government to shutdown would give Elon Musk and President Trump unchecked power to continue dismantling the federal government. I will not stand by and allow that to happen.
    “By refusing to continue bipartisan negotiations, some Republicans pushed us—yet again—to the brink of a manufactured crisis that would be a disaster for the American people. In New Hampshire, if there is a shutdown, thousands of Federal employees wouldn’t receive paychecks, veterans’ services could be jeopardized and home and business loans could be delayed. While President Trump and Elon Musk would be thrilled to furlough hundreds of thousands of workers without pay, I refuse to give them that power.
    “Americans want us to work together to solve problems and make their lives better. Partisan gamesmanship like this doesn’t help the people we serve – and it certainly doesn’t keep America safe and secure. I’m glad we’re avoiding a disastrous government shutdown, but enough is enough. These never-ending continuing resolutions create inefficiencies within government, put our national security and public safety at risk and sow uncertainty in the economy. Congress must return to our bipartisan process of working together to deliver spending packages that provide the long-term certainty our states and communities need.”

    MIL OSI USA News –

  • MIL-OSI USA: SBA Relief Still Available to Illinois Small Businesses and Private Nonprofits Affected by the Orion Parkview Apartment Fire

    Source: United States Small Business Administration

    ATLANTA – The U.S. Small Business Administration (SBA) is reminding small businesses and private nonprofit (PNP) organizations in Illinois of the April 15, 2025, deadline to apply for low interest federal disaster loans to offset economic losses caused by the Orion Parkview Apartment Fire occurring on June 17, 2014. 

    The disaster declaration covers the counties of Cook, DuPage, Kane, McHenry and Will in Illinois, as well as Lake County in Indiana.   

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

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

    “SBA loans help eligible small businesses and private nonprofits cover operating expenses after a disaster, which is crucial for their recovery,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “These loans not only help business owners get back on their feet but also play a key role in sustaining local economies in the aftermath of a disaster.” 

    The loan amount can be up to $2 million with interest rates as low as 4% for small businesses and 3.25% for PNPs, with terms up to 30 years. Interest does not accrue, and payments are not due, until 12 months from the date of the first loan disbursement. The SBA sets loan amounts and terms based on each applicant’s financial condition. 

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

    The deadline to return economic injury applications is April 15, 2025. 

    ### 

    About the U.S. Small Business Administration 

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

    MIL OSI USA News –

  • MIL-OSI United Kingdom: Minister Thomas-Symonds speech at the UK-EU Parliamentary Partnership Assembly

    Source: United Kingdom – Executive Government & Departments

    Speech

    Minister Thomas-Symonds speech at the UK-EU Parliamentary Partnership Assembly

    Minister Thomas-Symonds speech at the UK-EU Parliamentary Partnership Assembly

    It really is a pleasure to be here with you all today.

    But I do want to just begin, by joining Maros in wishing all our Irish friends a very happy St Patricks Day. 

    I’d also like to thank the Assembly…

    …especially the Chairs, Sandro and Marsha…

    …for giving Maros and I this opportunity to speak to you all today.

    And it is that idea of opportunity that I want to talk about…

    …because we have a chance to strengthen the strategic alliance between the UK and the EU…

    …and I want to talk about how – by being ruthlessly pragmatic – we can harness this opportunity, for the benefit of the people that we are all elected to serve.  

    Now this is the very first meeting of the reconstituted Assembly…

    … and I know that you are welcoming members, both new and old.

    Since this Government came into power, we have worked tirelessly to change the UK’s approach. 

     In the recent past, we have been too focused on what divides us…

    …and it’s those differences that have too often defined the agenda.

    But I believe these groups and these meetings must be used for our collective good.

    This Assembly was set up under the Trade and Cooperation Agreement…

    …to ensure the voices of parliamentarians – and, in turn, our citizens – can be heard. 

    You’re all serving the interests of the people who voted for you…

    …and we must use every opportunity available to us to build trust…

    …and improve cooperation.

    And all of you here today – through your membership in the Assembly – are essential to that work.

    Now, I have already met members of both delegations – and I am committed to maintaining that engagement.

    The UK and EU’s future will be defined by how we both tackle our shared challenges together.

    We are living through a period of generational challenge…

    …and I know as political leaders – we all feel the scale of this moment. 

    War in Ukraine…

    …people smuggled in treacherous conditions by treacherous criminals…

    …the price of energy and the cost of inflation…

    …achieving growth and prosperity to boost living standards for our citizens… 

    …all of these challenges are exacerbated by a mindset of division.

    They are problems across our continent…

    …and they require a coordinated response.

    Just look at the actions of our Prime Minister this year.

    He was delighted to be a part of the European Leaders retreat last month…

     …where he made the case for greater cooperation between the EU and the UK.

    On 2 March, he hosted European leaders, as well as the NATO Secretary General and the Presidents of the EU Commission, EU Council and indeed welcomed Canada… 

    …for a summit focused on Ukraine.

    The importance of these meetings cannot be overstated.

    They are emblematic of how seriously this Government takes European security.

    And there is no greater imperative to this than supporting Ukraine.

    In the face of Russia’s illegal and barbaric invasion, we must be resilient.

    It is why we recently announced an increase in UK defence spending to 2.5% of GDP.

    We are stepping up, and we know that the EU is stepping up, too.

    It was heartening to see – on the anniversary of the invasion – that the EU reaffirmed its unwavering support.

    And at the European Council meeting earlier this month, where EU leaders agreed a significant increase in defence spending. 

    I know that, together, we are determined to help Ukraine prevail…

    …and rebuild.

    We must keep pushing – together – to find new ways to achieve this.

    At a time of such intense global change, I believe it is vital to recognise what unites the UK and the EU…

    …and understand how our mutual priorities can be realised through teamwork.

    We saw that in action this January…

    …where, on the same day, the UK Chancellor and the President of the European Commission gave speeches about the challenges facing them.

    Both spoke about their desire for growth…

    …both spoke about how their potential had been held back…

    …and both spoke too about the importance of trade openness.

    In fact, both our Prime Minister’s ‘Plan for Change’ and the President’s ‘Competitiveness Compass’ focused on the same priorities…

    …like reducing red tape, improving skills and a more resilient economy.

    The UK government was elected on a mandate to increase our security, keep our citizens safe and to encourage growth.

    Europe is a crucial partner in these priorities…

    …and, indeed, Europe shares those concerns.

    That is why we are living up to the obligations we have in existing Agreements and Frameworks…

    …that is how trust is earned. 

    No more threats to break international law in ‘limited and specific ways’… 

    …and no more undermining of the ECHR.

    So we are respectful of the TCA and the Windsor Framework… 

    …and we want to build on that structure to address emerging challenges and opportunities.

    The Prime Minister has tasked me with leading these discussions with Maros…

    …supported by our new EU Sherpa Micheal Ellam. 

    And I want to thank Maros – not only for the way he has been so constructive in his relationship with me…

    …but for the many years – and no doubt late nights – that he has dedicated to the EU – UK relationship…

    …but also the pragmatism he is known and respected for.  

    And in our discussions I have always been clear about our desire to strengthen our alliance – and I focus on the three priorities I mentioned…

    …on security, safety and prosperity…

    …where I believe there is much benefit to be gained.

    And it’s these priorities I would like to focus on.

    First, security.

    Now, I’ve already spoken about how seriously we’re taking this…

    …and I know that it is a topic you will be discussing later today.

    But it bears repeating: to keep Europe secure, we need to support allies like Ukraine…

    …and work with NATO on security and defence.

    As the Prime Minister said in the UK Parliament recently, we have: 

    “A recognition of the fact that once again, we live in an era where peace in Europe depends upon strength and deterrence.”

    So, we are seeking a broad UK-EU cooperation on security and defence matters…

    …and we’re ready to negotiate a Security and Defence Partnership.

    This has been central to the Prime Minister’s approach with European leaders.

    When he visited the informal European Leaders’ Summit, he discussed what this partnership could include…

    …and what it could address.

    He suggested a focus on R&D…

    …improved military mobility across Europe …

    …greater co-operation on missions and operations…

    …and building on our industrial collaboration.

    Building on that commitment, let me turn to the next pillar: safety.

    I am clear that if we want to protect our respective borders…

    …and keep our citizens safe…

    …then we need to work together.

    The criminals that we all try and combat pay no respect to our borders…

    …whether they’re taking part in the vile global trade in human trafficking…

    …or planning a terrorist attack to push their agenda and terrify our citizens.

    These challenges plague us all…

    …and I believe that it is only through greater cooperation that we can remain safe.

    It’s why we have already increased the UK’s presence at Europol…

    …but I believe we should be going further.

    We need to think of new ways to coordinate our security…

    …and ensure we have the intelligence and skills to combat cross-Europe criminal enterprises.

    And finally, prosperity.

    The European Union is the UK’s biggest trading partner…

    …with trade totalling over £800bn in 2023.

    And while that figure is still impressive, we know it is not as good as it could be.

    A study published last year by Aston University Business School showed that between 2021 and 2023, the goods EU businesses export to the UK were down by 32%…

    …while UK goods exports to the EU were down by 27%.

    What I’m hearing from businesses that I speak to is that this drop is down to them facing more barriers and more costs.

    They’re frustrated, and I can understand why.

    As ‘Businesseurope’ set out in a report this Autumn, and I quote: “There remain many unnecessary barriers to trade and investment. Following the elections of new governments in the EU and UK, there is a clear opportunity to upgrade the relationship to deliver for businesses and citizens.”

    And that is why we want to build on the structures we have – the TCA and the Windsor Framework…

    …to tear down trade barriers and make Brexit work better for the British and European people.

    We have already said that we will seek to negotiate a sanitary and phytosanitary agreement…

    …to help boost trade… 

    and deliver benefits to businesses and consumers in both the UK and the EU. 

    Now, all these issues have been at the forefront of our Government’s discussions with the EU.

    In fact, since the UK election, there have been over 70 direct engagements between UK ministers and their EU Counterparts.

    We have agreed to hold regular UK-EU Summits…

    …with the very first one, as Maros has said, being hosted in London on 19th May…

    …which will be a great opportunity to strengthen this work further.

    But ultimately, this is all about building trust…

    …and this Government wants to keep its word…

    …and become a trusted and stable partner.

    Our discussions continue on the full implementation of the TCA and the Withdrawal Agreement …

    …with almost all of our Specialised Committees meeting last year…

    …and there are plans in place to meet again in the coming months.

    The co-chairs continually update each other on their progress…

    …whilst monitoring and reporting on their passage to full and faithful implementation.

    We fully believe in these structures…

    …but we also fully believe in the opportunities to improve the status quo.

    So, ladies and gentlemen, the time for ideologies is over.

    The time for ruthless pragmatism is now.

    And it is the only way we can seek a closer, more cooperative relationship.

    After all, a stronger UK-EU relationship means a stronger Europe.

    This Assembly will be a vital part of that journey…

    …where that mutual interest will be demonstrated and discussed.

    I also know that many of you have deep expertise, insights and passion for this agenda…

    … and I am sure that this forum will be a fantastic way to bring these to bear. 

    I want to thank you for the time you have given me to discuss my work. To say how much that I am looking forward together. 

    This forum, this Assembly is such an important part of hat shared future and what a pleasure it is to discuss this with you today. 

    Thank you.

    Updates to this page

    Published 17 March 2025

    MIL OSI United Kingdom –

  • MIL-OSI Africa: African Development Bank, African Water Facility, Association of European Development Finance Institutions to hold Investment Event for Water and Sanitation in Africa

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

    ABIDJAN, Ivory Coast, March 17, 2025/APO Group/ —

    The African Development Bank Group (www.AfDB.org), African Water Facility (www.AfricanWaterFacility.org), and the Association of European Development Finance Institutions (https://EDFI.eu/) will host a high-level event to generate investment for water and sanitation services in Africa. Taking place on 18 March 2025 in Brussels, the event will bring together development finance institutions, private sector investors, and philanthropic organizations.

    During the event, the African Development Bank and African Water Facility will showcase investment-ready projects and those in their pipeline, offering opportunities for investors and development financiers to support high-impact water and sanitation projects, including homegrown solutions that will drive economic growth, social stability, and public health improvements across Africa.

    Why This Matters

    Africa faces significant water and sanitation challenges, amplified by increasing pressure on strained water resources by the continent’s growing population, which is expected to double by 2050. Currently, 411 million people lack access to safe drinking water, 779 million are without essential sanitation services, and 839 million do not have access to basic hygiene services, according to a 2020 report by UNICEF and the World Health Organization (WHO).

    This lack of access contributes to severe public health challenges, including the spread of waterborne diseases such as cholera and diarrhea, which have caused over 400,000 deaths annually on the continent, according to the WHO.

    The economic cost of inadequate access to water and sanitation is also high. Inadequate sanitation alone results in losses of up to $5.5 billion per year in sub-Saharan Africa due to healthcare costs and lost productivity. However, investing in climate-resilient water and sanitation services could yield at least $7 in economic returns for every $1 spent.

    “Water and sanitation infrastructure is fundamental to economic growth. Investing in it is not only a necessity, but good business sense. By securing funding for high-impact projects, we can create jobs, improve public health, and grow local economies,” said Mtchera Chirwa, Director for Water Development and Sanitation at the African Development Bank and Coordinator of African Water Facility.

    Beyond funding, the event will facilitate discussions on public-private partnerships, blended finance models, and innovative financing mechanisms to accelerate progress in achieving United Nations Sustainable Development Goal 6 – universal access to clean water and sanitation by 2030.

    Association of European Development Finance Institutions (https://EDFI.eu/) CEO David Kuijper said. “As stakeholders in development, together, we have the resources to make transformative change happen. The Association of European Development Finance Institutions (https://EDFI.eu/) values the partnership with the African Development Bank and African Water Facility to convene this event to find financial and technical resources for solutions through projects already on the market in Africa.”

    MIL OSI Africa –

  • MIL-OSI: European Cyber Report 2025: 137% more DDoS attacks than last year – what companies need to know

    Source: GlobeNewswire (MIL-OSI)

    FRANKFURT am MAIN, Germany, March 17, 2025 (GLOBE NEWSWIRE) — Cyberattacks are no longer an abstract threat – they dominate risk planning for companies worldwide. The latest Link11 European Cyber Report shows an alarming trend: the number of DDoS attacks has more than doubled, and they are shorter, more targeted, and more technically sophisticated. Organizations that do not continuously evolve their security strategies face significant financial losses and long-term reputational damage.

     The numbers speak for themselves:

    • 137% more DDoS attacks on the Link11 network compared to last year.
    • A new scale has been reached: The largest attack measured to date was 1.4 terabits per second (Tbps).
    • Attacks are shorter and highly effective: Two-thirds of all attacks peaked in just 10 to 60 seconds.
    • Multi-vector attacks are setting new standards: The combination of different attack vectors makes defense more difficult and requires more precise protection.

    Why organizations should act now

    The Allianz Risk Barometer 2025 highlights that while digital transformation presents new opportunities, it also expands the attack surface for cyber threats. Cybercriminals are leveraging powerful botnets and increasingly sophisticated attack techniques, accelerating the speed and impact of DDoS attacks. A recent case demonstrates how these evolving threats are testing the resilience of organizations.

    Multi-vector DDoS: When Network Load Meets Application Attacks

    A four-day attack combined Layer 3/4 and Layer 7 techniques, putting both infrastructure and web applications under massive pressure. Link11 recorded a total of 120 million requests, resulting in more than a million WAF logs – a load that quickly overwhelmed conventional defenses.

    The attackers’ strategic approach was particularly striking:

    • Layer 3/4 attacks: Massive data streams overwhelm the network infrastructure.
    • Layer 7 attacks: APIs and web applications were deliberately crippled with complex queries.
    • Dynamic attack patterns: Attacks were launched in waves to test the response times of defenses.

    Organizations that do not continuously adapt their IT security strategy risk becoming victims of targeted attacks. Web applications and APIs are particularly targeted by cybercriminals because they often handle sensitive data and control critical business processes.

    Modern security architecture is the key to resilience

    The incident underscores the growing limitations of traditional DDoS defenses, emphasizing the need for more adaptive mitigation strategies. Enterprises are increasingly turning to AI-powered systems for real-time threat detection and attack prevention. Additionally, Web Application and API (WAAP) protection is gaining importance as attackers continue to exploit this critical attack vector.

     Combining advanced protection solutions:

    • AI-based attack detection for early detection of suspicious patterns
    • Bot management to block automated attacks
    • Adaptive WAF systems that adapt in real time

    A holistic security strategy combines advanced DDoS mitigation, continuous monitoring, and adaptive protection mechanisms. “The increasing number of DDoS attacks shows that cybercriminals continue to rely on this proven method. However, the shortened attack time does not mean that the threat is decreasing – on the contrary: companies need to react faster and further optimize their defense mechanisms,” said Jens-Philipp Jung, CEO of Link11.

    The full European Cyber Report 2025 can be downloaded here.

    About Link11

    Link11 is a specialized global IT security provider and protects infrastructures and web applications from cyberattacks. Its cloud-based IT security solutions help companies worldwide to strengthen the cyber resilience of their networks and critical applications and avoid business disruption. Link11 is a BSI-qualified provider for DDoS protection of critical infrastructure. With ISO 27001 certification, the company meets the highest standards in data security.

    Contact

    Corporate Communications

    Lisa Froehlich

    Link11 GmbH

    l.froehlich@link11.com

    +49 16098088442

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/32e0a36f-c378-4335-8f2a-d43acb4c5043

    The MIL Network –

  • MIL-OSI NGOs: EPA aligns with corporate polluters in devastating public betrayal

    Source: Greenpeace Statement –

    WASHINGTON, DC – (March 17, 2025) In response to the U.S. Environmental Protection Agency’s (EPA’s) plan to abandon critical regulations and climate rules, John Noel, Greenpeace USA Deputy Climate Director, said: 

    “We are deeply disturbed by this calculated betrayal of public health and the environment by EPA Administrator Lee Zeldin, who seems to believe his job is to serve corporate polluters rather than the American people. This decision isn’t just a setback—it’s an all-out assault on communities nationwide, opening the floodgates to more pollution, more harm, and a worsening climate crisis.

    “For decades, these EPA regulations have been a critical line of defense against harmful pollution, protecting public health and tackling the climate crisis. Yet even these safeguards have never been enough. This year alone, our country has been ravaged by extreme hurricanes, devastating wildfires, and record-breaking heat—in large part, consequences of pollution. Instead of holding these industries accountable, the EPA is giving them a free pass. 

    “EPA exists to protect our health and environment—not to gut the very safeguards that protect us. As the climate crisis grows, the agency must reverse this reckless course and recommit to its core mission: protecting people and, not the economic interests of polluting corporations.”

    Contact: Gigi Singh, Communications Manager at Greenpeace USA
    (+1)  631-404-9977, [email protected]  Greenpeace USA is part of a global network of independent campaigning organizations that use peaceful protest and creative communication to expose global environmental problems and promote solutions that are essential to a green and peaceful future. Greenpeace USA is committed to transforming the country’s unjust social, environmental, and economic systems from the ground up to address the climate crisis, advance racial justice, and build an economy that puts people first. Learn more at www.greenpeace.org/usa.

    MIL OSI NGO –

  • MIL-OSI Canada: Government of Saskatchewan Extends 4R Nutrient Stewardship Agreement with Fertilizer Canada

    Source: Government of Canada regional news

    Released on March 17, 2025

    The Government of Saskatchewan has renewed its ongoing collaboration with Fertilizer Canada to support education, training and expansion regarding 4R Nutrient Stewardship in the province through the signing of a new three-year Memorandum of Cooperation (MOC).

    Extending the joint effort based on previous agreements, the Ministry of Agriculture will work with Fertilizer Canada to continue advancing the implementation of 4R Nutrient Stewardship in Saskatchewan. This approach to crop nutrient management and environmental stewardship follows the four “Rs” of fertilizer use: Right Source @ Right Rate, Right Time, Right Place.

    “Healthy soil means healthy crops, and that is part of the reason Saskatchewan enjoys a reputation as a major global producer of quality agri-food products,” Agriculture Minister Daryl Harrison said. “The 4R approach is fundamental to a responsible, sustainable agriculture industry driven by producers who set the bar for best practices, and we are very pleased to continue working with Fertilizer Canada to enhance 4R Nutrient Stewardship in our province.”

    “Saskatchewan is a cornerstone of Canadian agriculture, demonstrating industry leadership through its commitment to responsible nutrient management and science-based farming practices,” Fertilizer Canada Interim President and CEO Catherine King said. “With 40 per cent of Canada’s cropland, the province is a key driver of the national economy. The Government of Saskatchewan’s commitment to the 4R Nutrient Stewardship framework reflects its dedication to balancing environmental responsibility with economic growth in agriculture, strengthening Canada’s global competitiveness. Fertilizer Canada values this strong partnership and the province’s ongoing efforts to promote best practices on the farm, ensuring the long-term success of the agricultural sector.”

    Areas of collaboration between the Ministry of Agriculture and Fertilizer Canada outlined in the new agreement focus on progress toward achieving shared objectives, including data and information sharing and knowledge transfer activities. The ministry has promoted 4R practices to a broad audience of producers and industry through events such as the Crop Diagnostic School and the Agronomy Research Update, as well as publications, webinars and research and demonstration initiatives. The percentage of agricultural land in Saskatchewan under a 4R stewardship plan has experienced steady growth, increasing by over 20 per cent from 2022 to 2023.

    Pursuant to the agreement, the ministry and Fertilizer Canada have co-chair roles on the 4R Nutrient Stewardship Steering Committee, which includes representation from industry partners – the Canadian Association of Agri-Retailers, Canola Council of Canada, Ducks Unlimited Canada, the Prairie Certified Crop Adviser Board, and Agriculture-Applied Research Management (Agri-ARM) sites -and the University of Saskatchewan.

    More information on 4R Nutrient Stewardship and sustainable farming practices in Saskatchewan is available at https://fertilizercanada.ca/our-focus/stewardship/4rs-across-canada/saskatchewan/. 

    -30-

    For more information, contact:

    MIL OSI Canada News –

  • MIL-OSI United Kingdom: Kabaddi World Cup: City hosts opening of international spectacle

    Source: City of Wolverhampton

    WV Active Aldersley staged the opening ceremony and first games of the tournament today (Monday 17 March, 2025).

    The opening ceremony featured live music by students from Wolverhampton Music Service, local dance acts and a parade of athlete from across the world who are taking part.

    The host nation England men’s team then got the live action underway with the first group stage game against Hungary. A number of other men’s and women’s games then took place featuring teams including India, Poland, China and the USA.

    It’s the first time that the Kabaddi World Cup has been hosted outside of Asia and Councillor Bhupinder Gakhal, the City of Wolverhampton Council’s Cabinet Member for Resident Services, said it was a very proud moment for the city of Wolverhampton to host the festivities.

    He said: “The ceremony and opening games were spectacular to witness. It’s a real honour to have the Kabaddi World Cup taking place on our doorstep and we can’t wait to host the semi-finals and finals this weekend.

    “It’s exciting to welcome fans not just from Wolverhampton but from far and wide to our city, as well as the millions tuning in online to watch the action. This is a global celebration of sport and cultures and we’re proud to be the home for it.”

    Wolverhampton is also hosting day two of the tournament tomorrow (Tuesday) before the action takes to the road with games being hosted in Coventry, Birmingham and Walsall. The tournament then returns to Wolverhampton on Saturday for the semi-finals and Sunday for the finals, third place play-off and closing ceremony.

    Councillor Gakhal added: “Events of this scale help support the local economy and help put the city on the map, so I encourage everyone to snap up the final remaining tickets while they can.”

    Tickets are still available for this week and information on how to purchase can be found at Kabaddi World Cup England 2025. 

    MIL OSI United Kingdom –

  • MIL-OSI Security: Director Emma Burnham of the Antitrust Division’s Criminal Enforcement Section Delivers Remarks to Global Competition Review

    Source: United States Attorneys General 7

    Thank you to Global Competition Review for putting together today’s program. I am grateful for the opportunity to close out what I imagine has been a full day of interesting discussions.

    Let me cut to the chase. As I’m sure you are all aware, like the rest of the federal government, we at the Antitrust Division are in the midst of a transition. I know from my experience at the Division through previous transitions that these periods always raise questions about our enforcement levels and priorities going forward, about how we’ll deploy our finite resources. And I know you all are eager for answers on whether and how our enforcement priorities might shift. Of course, I won’t attempt to speak for our new and incoming leadership team at the Department, but what I can say is that I fully expect robust antitrust enforcement to continue, with cartel enforcement being no exception.

    With that said, I will offer some thoughts on our recent and ongoing criminal enforcement work and our core mission.

    I’ll start with a few simple truths.

    First, our country relies on free markets.

    Second, vigorous antitrust enforcement is essential to protect free markets and ensure that we all receive the benefits of competition.

    Third, that enforcement mission has a critical criminal prosecution component. If we did not prosecute those who commit antitrust crimes like price fixing and monopolization schemes, unchecked collusion, consolidation, and anticompetitive crimes would distort our markets and raise prices — including on everyday products we all rely on, as well as for vital goods and services the government needs to ensure our national security and provide critical infrastructure. This is why areas like healthcare, defense spending, agriculture and food supply, infrastructure and housing, and technology for just a few examples, continue to be staples of our work.

    So, it is not surprising that we are continuing to investigate and charge criminal cases — across a wide array of sectors and across all levels of the economy. These investigations and cases have significant impacts on key areas of public procurement and private spending.

    We are not even through the first quarter of 2025, and already our statistics are tangible evidence that our enforcement is not letting up. Thus far this year, our teams have charged 15 defendants — one company and 14 individuals — and have obtained 24 guilty pleas — two from companies and 22 from individuals. I would be the first to acknowledge that numbers aren’t the whole story. Much of our work goes on behind the scenes, in a covert posture, and the public filings are merely the tip of a vast iceberg.

    But the numbers can certainly tell you something about our priorities. I think you can take away two things from these statistics: first, we are not shying away from enforcement; and second, we remain deeply committed to individual accountability — never forgetting the essential, unique deterrent role that prison sentences serve.

    The recent charges include a slate of guilty pleas in US v. Martinez, a case where 12 individuals were charged with using anticompetitive and violent means to monopolize the market for transmigrante forwarding services in the Los Indios, Texas, area, and to enforce a price fixing and market allocation conspiracy. The majority of defendants have now pleaded guilty, including to landmark criminal monopolization conspiracy charges.

    I’ll note that it was just about three years ago when Antitrust Division officials began observing in public fora like this one that Section 2 of the Sherman Act, like Section 1, is a felony offense and that the Antitrust Division had a long and storied record — albeit interrupted by a half century of underenforcement — of prosecuting monopolization crimes. Several years ago, some may have thought it remarkable to hear from an enforcer that if the facts and the law lead us to the conclusion that a criminal charge based on Section 2 of the Sherman Act is warranted, we’ll charge it. But from where we stand today, the landscape has changed. Several years on, the Division has done exactly what was previewed: we have charged several criminal monopolization cases, using the statute as Congress wrote and intended it to punish those who seek to monopolize markets through anticompetitive means.

    The charges in Martinez are also illustrative for another reason — they show that antitrust crimes occur at all levels of the economy and that antitrust crime can also occur alongside and be carried out with other crimes — including extortion and acts of violence.

    Beyond Martinez, the Division’s recent guilty pleas include defendants charged with conspiracies and schemes targeting government procurement, which our teams investigated with our law enforcement partners through the Procurement Collusion Strike Force. For example, four defendants pleaded guilty to fraud and conspiracy charges arising from schemes targeting IT sales to the Department of Defense and intelligence community. Those pleas included a former government official who admitted to accepting bribes in exchange for ensuring that another defendant received government contracts at inflated prices.

    And within the last month, three individuals and one company admitted to rigging bids in the Division’s ongoing investigation into widespread bid rigging and fraud targeting sports equipment for schools that has, in total, resulted in six defendants charged to date, all of whom have pleaded guilty. At least 100 schools throughout Mississippi and elsewhere have been victimized by these conspiracies. And in a different investigation, another defendant recently pleaded guilty to obstruction for destroying evidence, demonstrating yet again that we will pursue cases where defendants seek to obstruct or impede criminal or civil antitrust investigations by destroying evidence or lying to agents and enforcers.

    Additional recent successes relate to our continued pursuit of bid rigging and collusion in construction and infrastructure industries. In an ongoing investigation, four individuals and a company recently admitted rigging bids for commercial roofing services in Florida — a vital industry given that safe, affordable roofing is critical to Florida communities prone to hurricanes. And two more individuals pleaded guilty in a long running investigation of bid rigging of asphalt paving services in the Detroit area. In total seven individuals and three companies have been charged and admitted guilt in that investigation.

    I think it’s also worth noting that these charges continue to expose individuals to real prison sentences — leading to significant general deterrence. Take as one example the most recent criminal antitrust case that went to trial — against two executives, Greg and David Melton, who were convicted of fixing prices, rigging bids, and allocating jobs in the sale of ready-mix concrete in the Savannah, Georgia area. They were sentenced to 41 and 26 months in prison.

    At that sentencing hearing — I will quote from the transcript because it is an important reminder of how courts view these violations — the judge observed that the crime of conviction was, in effect, “years of decisions that stole from the American people, from our economy.”

    The judge went on to say: “That’s what antitrust is. It’s like thievery, because at the bedrock of the greatest economy in the history of the world is competition. That’s what we’ve always been founded on. I have naturalization ceremonies in our courtrooms, and I tell new citizens, welcome to the country where you have the greatest potential and opportunity that you’ll ever have, because we’re a meritocracy. You come here; you do a good job, and you can obtain anything. That’s the American dream.

    When we rig a system, when we rig government or we rig the economy, we steal from that dream.

    It’s very, very serious conduct; and that’s why we have serious consequences for it.”

    And this is precisely why our work continues. Teams are preparing for three trials in the coming months. The first of these, scheduled to begin March 24 in Las Vegas, charges an individual with wage fixing and fraud in the healthcare industry. Next up, is another individual trial, set for April in the District of Idaho, on charges of market allocation in wildfire fighting services sold to the U.S. Forest Service, part of our ongoing work prosecuting procurement collusion through the PCSF. And in May, a team is heading to Oklahoma to try a case against two executives and a company charged with rigging bids and fixing prices in erosion control products and services for highway construction.

    These cases, like so many others we have brought, have a direct impact on the livelihood of regular Americans and are a vital part of our government’s work to safeguard the public’s tax dollars. Their variety — in terms of industry and geography — reflect the breadth of our work and its importance to our country.

    Beyond those cases, our covert and nonpublic work is ongoing. We have more grand jury investigations open now than at any time in my career, more than twice as many investigations as we had a decade ago. I expect to be able to share developments in some of these investigations in the near future.

    In sum, our criminal enforcement work is continuing.

    I want to conclude by recognizing the work that the Antitrust Division does cannot happen without its people — the beating heart of the organization. Fundamentally, the Antitrust Division is its people, who make significant sacrifices to perform their public service roles. They continue to operate at the highest level as they investigate and prosecute cases to protect American consumers and our open markets. I’m so proud of the work they do, and I remain incredibly grateful that I have the opportunity to work alongside them every day. Thank you.

    MIL Security OSI –

  • MIL-OSI Global: The threat of indifference to poverty, environmental damage and disease – and what it will take to reinvent international solidarity

    Source: The Conversation – France – By Pierre Micheletti, Responsable du diplôme «Santé — Solidarité — Précarité» à la Faculté de médecine de Grenoble, Université Grenoble Alpes (UGA)

    The collapse of western funding for international aid–for both emergency humanitarian operations and official development assistance (ODA)–is a major blow. The dramatic consequences for the neglected populations are the result of the structural weaknesses–evident for years [1]–of an economic model of international aid and development whose obsolescence is now plain for all to see. What is particularly dramatic, however, is the abrupt, non-negotiated manner in which the procedures and targets of the withdrawals have been determined.

    The “four temptations” inherent to the financial system in force to date [2]–and now unashamedly embraced by the new US administration–are obvious: the “western-centrism” of the donor countries; the “neo-liberal approach” to international aid where each contributing state chooses which countries to help; the “security concerns” about payments which are governed by strict control procedures to prevent such payments falling into the hands of the enemies of donor countries in conflict areas; and the “temptation to withdraw” funding whenever donor countries experience a major upheaval (Covid-19, economic crises, the rise of nationalism and isolationism, etc.). These trends converge to generate a volumetric insufficiency and suspicions of political soft power in the countries contributing to the annual budgets [3].

    Of course, this is a disaster for international aid and development actors themselves, both in terms of feeling responsible for abandoning the activities developed in the field, and in terms of the redundancy plans that have already hit some of the organisations. Some of these organisations will clearly not survive the current events: even those with little or no reliance on USAID (the US development agency whose aid was ordered frozen for 90 days) will potentially be affected by the knock-on effects of the withdrawal of the leading donor country.

    Du lundi au vendredi + le dimanche, recevez gratuitement les analyses et décryptages de nos experts pour un autre regard sur l’actualité. Abonnez-vous dès aujourd’hui !

    Scaling back aid in an interdependent world

    Even before the United States announced its cuts, other countries had begun to scale back their international aid and development budgets. These include France [4], the UK, Germany and Belgium, to name a few we already know of.

    Organisations for which the “generosity of the public” (which accounts for around 20% of annual humanitarian aid funding) [5] is a major component of their resource structure will not escape the consequences either.

    The economic rebalancing and political tensions resulting from some of the Trump administration’s decisions are indeed likely to have industrial and social repercussions in all the countries that were once privileged partners of the United States, particularly among the members of the European Union. Experience shows the effects that the erosion of certain national parameters can have on the donation processes of the individual donors who support non-governmental organisations (NGOs). Individual donors will have to prioritise a wide range of crises that are now being neglected by government funding, and compassion will then be a matter of personal choice.

    The tension looming everywhere as a result of increasing trade restrictions may have economic and social repercussions, which in turn may lead to higher expectations among the general public and redirect donations toward local, national or family forms of aid and development.

    Some political groups are starting to question the legitimacy and validity of ODA, which recently prompted the director of the Agence française de développement (AFD) to speak out specifically in defence of the actions of the organisation [6].

    The richest countries are gradually developing a dynamic that shows an insane indifference to poverty, environmental degradation and the zoonoses that can result from the abuse of our primary forests. Yet no border can act as an illusory and impenetrable Maginot line to curb the worldwide dangers that define the interdependencies of today’s globalised world [7].

    We cannot be indifferent–neither in Europe nor in North America–to all the forms of abuse inflicted on our planet (and soon to be compounded by the revival of a mutilating and predatory extractive industry), nor to the survival strategies underlying current and future massive population movements, nor to the conflicts that these different mechanisms can generate.

    The danger of losing interest in equality of opportunity

    Two figures immediately reveal the huge gap that already exists in terms of global inequality. The global ODA envelope, provided by OECD countries, amounted to $230 billion in 2023, when “migratory remittances”–sums transferred by migrants to their countries of origin–stood at $830 billion, of which $650 billion were sent to low- and middle-income countries [8]. These sums are a lifeline for the poorest populations. They reflect the inseparable balance of survival between here and there.

    Yet we are being encouraged to accept the idea that, despite these border-free interdependencies, we, in the richest countries, could lose interest in the various mechanisms that are destroying equality of opportunity throughout the world; that an unabashed reaffirmation of “everyone for themselves”, in terms of both consumption and global solidarity, could henceforth serve as a new, unabashed political mantra; and that this would have no long-term consequences for lasting peace…

    Therefore, in a world where, by 2100, the population of Africa could represent 40% of humankind, we risk major turmoil if we turn our backs on the reality that is unfolding [9]. On that continent (and in other places where major vulnerabilities exist), we cannot shy away from showing concern for others–out of a sense of realism if not generosity.

    Together, we must resist the strategy of every man for himself and the law of the strongest promoted by the new leaders of the United States and their affiliates. We must also strive to invent a new model free of the four founding temptations of the existing system, which grew out of the Second World War and the process of decolonisation. This implies creating the conditions for a significant increase in the number of contributing countries for government funds, as well as a diversification of sources for private funds. A new distribution of creative and decision-making power within the governance of a system in need of rebuilding is thus essential. In the aftermath of the current crisis, new battles are emerging to radically overhaul the strategies and methods of international solidarity.

    A version of this article originally appeared under a different headline in Alternatives Humanitaires. It was translated by Derek Scoins for that publication.

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

    – ref. The threat of indifference to poverty, environmental damage and disease – and what it will take to reinvent international solidarity – https://theconversation.com/the-threat-of-indifference-to-poverty-environmental-damage-and-disease-and-what-it-will-take-to-reinvent-international-solidarity-252321

    MIL OSI – Global Reports –

  • MIL-OSI: Hoopis Performance Network and Leadercast Announce Strategic Partnership to Redefine Leadership Development in Financial Services

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, March 17, 2025 (GLOBE NEWSWIRE) — Hoopis Performance Network (HPN), a global leader in learning and development in financial services, recently announced a strategic partnership with Leadercast, a premier provider of world-class leadership live experiences and digital learning content. This collaboration aims to empower members of financial services organizations by providing access to the top experts in leadership development in the world. Some of the thought leaders featured include John Maxwell, Seth Godin, Gayle King, Patrick Lencioni, Randi Zuckerberg, Emmitt Smith and hundreds more.

    Hoopis Performance Network and Leadercast Announce Strategic Partnership to Redefine Leadership Development in Financial Services

    By combining HPN’s proven expertise in delivering results-driven performance improvement solutions with Leadercast’s cutting-edge leadership insights and tools, the partnership is set to revolutionize how organizations in financial services approach leadership development in today’s ever-changing world.

    Gartner’s latest report on “The Top 5 HR Trends and Priorities that Matter Most in 2025,” highlights for the third consecutive year, leadership and management development remains the top priority for HR leaders. Despite this emphasis, 64% of HR leaders express concerns that their current leadership development programs are insufficient in preparing leaders for future challenges. This gap suggests a pressing need for more effective and forward-looking leadership development initiatives.

    According to President of HPN Joey Davenport, “In today’s business environment, developing leadership power skills expands far beyond traditional management development. It’s become critical for organizations to also equip their employees, advisors and their teams with leadership power skills to unlock higher levels of productivity and engagement.”

    The HPN Leadercast content library is designed to equip individuals and teams with important skills such as Communication, Emotional Intelligence, Team Building, Time Management, Managing People and more. The library includes access to 1,200 microlearning videos, focused courses, lunch & learn sessions and meeting starters.

    “We couldn’t be more excited about our partnership with HPN and expanding Leadercast’s impact in financial services,” said Brian Morris, President of Leadercast. “This partnership will redefine leadership development in the financial services space.”

    About Leadercast

    Leadercast is dedicated to empowering individuals and organizations by providing access to world-class leadership content. Through engaging video resources, live events, and on-demand tools, Leadercast inspires leaders to make a lasting impact. For more information, visit https://now.leadercast.com/

    Hoopis Performance Network

    About Hoopis Performance Network

    Hoopis Performance Network is a trusted leader in professional development, delivering training and consulting solutions to organizations worldwide. With a focus on empowering leaders, enhancing team performance, and driving sustainable growth, HPN provides cutting-edge tools and strategies for success. For more information, visit https://www.hoopis.com/

    Press inquiries

    Hoopis Performance Network
    https://www.hoopis.com/
    Grace Egan
    info@hoopis.com
    (847) 977-2632
    790 Frontage Rd #300
    Northfield, Illinois 60093

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/49d8950b-e7d5-47ce-8edf-6658cece1f4d

    https://www.globenewswire.com/NewsRoom/AttachmentNg/2ca165d5-e78a-40f7-bde8-6d49b330bc95

    The MIL Network –

  • MIL-OSI United Kingdom: New measure to cut driving test waiting times

    Source: United Kingdom – Government Statements

    Press release

    New measure to cut driving test waiting times

    Latest measure tackles driving test backlog and helps to ensure learners can take their tests without unnecessary delays.

    Fewer driving test slots will be wasted as the government announces an extension to the window for test cancellations to prevent last minute changes.

    From 8 April 2025, learner drivers will need to give more notice when changing or cancelling their car driving test to avoid losing their fee. Currently, customers can cancel up to 3 days ahead of their test without losing their test fee.

    Under the new rules, learners must give 10 full working days’ notice to change or cancel their test without losing the fee.

    This is the latest action in the government’s 7-point plan to reduce waiting times and will allow more slots to be made available.

    Extending the window will also encourage customers to be better prepared and ready to pass when they book their test – as well as encourage learners to change or cancel their test sooner if they’re not ready and so give more chance for appointments to be used by someone else.

    Minister for the Future of Roads, Lilian Greenwood, said:

    Driving is more than just a means of transport; it is a lifeline for many, opening doors to jobs, opportunities and ultimately contributing to the growth of our economy. The measures announced today are another vital step in tackling the driving test backlog and ensuring that more learners who are ready to take their test can do so without unnecessary delays.

    These new measures will ensure that driving test appointments are used efficiently, encouraging learners to make adjustments to their schedules sooner, should they not be fully prepared.

    The change announced today (17 March 2025) is part of the government’s 7-point plan to help reduce driving test waiting times.

    Announced in December 2024, the plan includes:

    • recruiting and training 450 driving examiners
    • reviewing and improving the rules for booking driving tests
    • introducing tougher terms and conditions for the service driving instructors use to book and manage car driving tests for their pupils

    Loveday Ryder, DVSA’s Chief Executive, said:

    Extending the short notice cancellation period for driving tests forms part of our 7-point plan to reduce driving test waiting times.

    This will encourage learners to change or cancel their test sooner so we can offer up those slots to other customers.

    We remain committed to reducing driving test waiting times and supporting learners in getting on the road when they are truly ready and safe to do so.

    To further protect motorists given continued cost-of-living pressures and potential fuel price volatility amid global uncertainty, the government has also frozen fuel duty at current levels for another year to support hardworking families and businesses, saving the average car driver £59.

    Roads media enquiries

    Media enquiries 0300 7777 878

    Switchboard 0300 330 3000

    Updates to this page

    Published 17 March 2025

    MIL OSI United Kingdom –

  • MIL-OSI: Payden & Rygel Receives 2025 LSEG Lipper Fund Award for the Payden California Municipal Social Impact Fund (PYCRX)

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, March 17, 2025 (GLOBE NEWSWIRE) — Payden & Rygel, one of the largest privately-held global investment advisory firms, today announced that the Payden California Municipal Social Impact Fund (PYCRX) is a LSEG Lipper Fund Awards United States 2025 winner.

    “The 2025 LSEG Lipper Fund Awards are recognizing perhaps the most dramatic three-year period that the markets have seen in decades. Fund managers being recognized have steered their investors through a pandemic, a mild recession, rising geopolitical risks, skyrocketing inflation, and dramatic central bank intervention,” said Otto Christian Kober, Head of Lipper Research, LSEG Data & Analytics. “Whether you’ve been investing for just the past 15 years and have seen only the easy money environment following the Financial Crisis or been an investor for 50 years and feel as if you’ve seen it all, there is no way to have foreseen the range of fundamental and non-financial factors that impacted the markets these past few years.

    “We applaud the 2025 LSEG Lipper Fund Award winners such as Payden & Rygel for delivering outperformance and the accompanying comfort of consistency to investors’ portfolios through a cross-current of global market disruptions,” he added.

    PYCRX was recognized in the California Intermediate Municipal Debt Funds category as the best fund over ten-years. The fund generally invests in intermediate-maturity municipal bonds that are exempt from Federal, state, and local taxes for California residents. The fund seeks to provide attractive current income while preserving capital. Holdings are diversified across sectors and issuers.

    About Payden & Rygel
    With $159 billion under management, Payden & Rygel is one of the largest privately-owned global investment advisers focused on the active management of fixed income and equity portfolios. Payden & Rygel provides a full range of investment strategies and solutions to investors around the globe, including Central Banks, Pension Funds, Insurance Companies, Private Banks, and Foundations. Independent and privately-owned, Payden is headquartered in Los Angeles and has offices in Boston, London, and Milan. Visit www.payden.com for more information about Payden’s investment offerings, including US mutual funds and Irish-domiciled funds (subject to investor eligibility).

    About LSEG Lipper Fund Awards
    For more than 30 years and in over 17 countries worldwide, the highly respected LSEG Lipper Awards have honored funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance relative to their peers and focused the investment world on top funds. The merit of the winners is based on entirely objective, quantitative criteria. This, coupled with the unmatched depth of fund data, results in a unique level of prestige and ensures the award has lasting value. Renowned fund data and proprietary methodology is the foundation of this prestigious award qualification, recognizing excellence in fund management. Find out more at www.lipperfundawards.com.

    The LSEGLipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The LSEGLipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the LSEGLipper Fund Award. For more information, see lipperfundawards.com. Although LSEG makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, their accuracy is not guaranteed by LSEG Lipper.

    Past performance does not guarantee future results. Investment returns and principal value will fluctuate, so investors’ shares, when sold, may be worth more or less than their original cost. For the most recent month-end performance, which may be higher or lower than that quoted, visit our website at payden.com or call 800 572-9336.

    For more information and to obtain a prospectus or summary prospectus, visit payden.com or call 800 572-9336. Before investing, investors should carefully read and consider investment objectives, risks, charges, expenses and other important information about the Fund, which is contained in these documents.

    Social Impact Investing Risk: The Fund’s policy of investing in municipal securities for which, in the Adviser’s opinion, the proceeds raised are used consistent with positive social and/or environmental practices and outcomes could cause the Fund to perform differently compared to other mutual funds that do not have such a policy. The factors that the Adviser considers in evaluating an investment’s positive social and/or environmental benefits are part of a proprietary security selection methodology and may change over time. There are differences in interpretations of what it means to promote positive social and/or environmental benefits. While the Adviser believes its definitions are reasonable, the portfolio decisions it makes may differ with others’ views.

    Sources for the material contained herein are deemed reliable but cannot be guaranteed. This material is for illustrative purposes only and does not constitute investment advice or an offer to sell or buy any security. Past performance is no guarantee of future results.

    For press requests, please contact:
    Angela Z. Dailey | DAI Partners
    dailey@daipartnerspr.com | 714-322-7202
    www.daipartnerspr.com

    This press release was published by a CLEAR® Verified individual.

    The MIL Network –

  • MIL-OSI United Kingdom: Stoke-on-Trent commits to building a greener and fairer future for all

    Source: City of Stoke-on-Trent

    Published: Monday, 17th March 2025

    Stoke-on-Trent City Council has signed a charter committing to building a sustainable and fair future for the city and county as it looks to take further steps to combat climate change.

    The charter – signed at Lichfield Cathedral on Friday 14 March – was produced by the Staffordshire and Stoke-on-Trent Celebration of the Possible (COP) – an alliance that brings together communities, councils, academics and other partners around a shared vision of a happier, healthier future based on better stewardship of the environment.

    Earlier this year, COP announced its commitment to a decade-long action plan, which will drive collaboration and chart a clear path forward. By signing the charter, the city will commit to proactive measures to combat climate change and consider nature and sustainability in its decision-making. The charter is based on so-called “doughnut economics”, which suggest that humanity should exist in a space where needs are met but where economic activity does not go beyond the planet’s natural limits.

    Stoke-on-Trent has committed to playing its part in the government’s target of being ‘net zero’ -. taking out more greenhouse gases from the atmosphere than it puts in – by 2050.

    The city’s dedication to a greener future is already underway with its new Economic Strategy, which focuses on community wealth-building and supporting sustainable, green industries. These initiatives align closely with the city’s environmental goals, aiming to make Stoke-on-Trent a greener, cleaner, and more prosperous place for all residents.

    Councillor Sarah Hill, cabinet member for children’s services at Stoke-on-Trent City Council, said: “Signing the COP Charter is a natural next step for us. It fits perfectly with our goal to create a sustainable, thriving city.

    “We’re already taking action, including early development of a District Heat Network, promoting sustainable travel through our Transforming Cities programme and Bus Service Improvement Protocol, and we will be supporting tree planting in celebration of our Centenary.

    “We’re also focused on ensuring that everyone has the opportunity to succeed. By making Stoke-on-Trent a cleaner, safer, and more inclusive city, we can help everyone enjoy the benefits of a greener future.”

    The signing of the COP Charter is an important milestone in Stoke-on-Trent’s journey to becoming a cleaner, fairer, and more resilient city. To learn more about the city’s strategy for 2024-2028 – Our City, Our Wellbeing – residents can visit:  https://www.stoke.gov.uk/ourcityourwellbeing.

    MIL OSI United Kingdom –

  • MIL-OSI: Correction: EnBW International Finance B.V. – Annual Report 2024

    Source: GlobeNewswire (MIL-OSI)

    CORRECTION  EnBW International Finance B.V. : Annual Report 2024 

    in a release issued under the same headline on 17 March 2025 by EnBW International Finance B.V. ,in the last sentence of the release the link for the annual report has been updated to the correct one.  The correct release follows: 

    In accordance with the Transparency Directive (Directive 2004/109/EC), as amended by the Transparency Directive Amending Directive (Directive 2013/50/EU), and following the choice of EnBW International Finance B.V. for the Netherlands as Home Member State, EnBW International Finance B.V. hereby informs that the annual report and financial statements for the financial year ended 31 December 2024 has been filed with the Autoriteit Financiële Markten (AFM) in the Netherlands and is available on the internet site: 

    https://www.enbw.com/media/downloadcenter/annual-financial-statement-of-enbw-international-finance-b-v/annual-report-2024-enbw-international-finance-b-v.pdf

    The MIL Network –

  • MIL-OSI: SailoTechnology and Bullet Blockchain Join Forces to Set a New Standard for Bitcoin ATM’s Security

    Source: GlobeNewswire (MIL-OSI)

    A Strategic Partnership to Bring Next-Gen Crypto Protection to Crypto Transactions 

    RA’ANANA, Israel, March 17, 2025 (GLOBE NEWSWIRE) — With Bitcoin ATMs becoming an increasingly popular way for users to access cryptocurrency, security has emerged as a critical concern. Vulnerabilities in existing ATM infrastructures expose users to risks such as fraud, hacking attempts, and unauthorized access. To address this challenge, SailoTechnology, a leader in cryptographic security, has partnered with Bullet Blockchain (OTC: BULT), a key player in Bitcoin ATM operations, to introduce next-generation security solutions to the industry.

    Why Bitcoin ATM Security Needs an Upgrade

    While Bitcoin ATMs offer unparalleled convenience, their security has not evolved at the same pace as mainstream financial services. Attackers continue to exploit weak points in transaction protocols, leaving users and funds at risk.

    “Bitcoin ATMs are a crucial access point for the crypto economy, but security gaps put users at unnecessary risk,” said Ehud Tal, CEO and Co-founder of SailoTech. “By integrating advanced cryptographic security into these machines, we are not just improving security—we are setting a new industry standard.”

    The Partnership: Strengthening Security in Bitcoin ATMs

    SailoTech’s state-of-the-art cryptographic solutions integrated into Bullet Blockchain’s extensive Bitcoin ATM network to enhance security, prevent fraud, and ensure a seamless transaction experience.

    “This partnership is about innovation and trust,” commented the Bullet Blockchain team. “Together with SailoTech, we are implementing a new level of cryptographic security that will redefine how users interact with Bitcoin ATMs.”

    Key Benefits for Crypto Users

    • Enhanced Security – Every transaction protected by next-gen cryptographic technology.
    • Improved Fraud Prevention – Cutting-edge security measures block unauthorized access.
    • A Safer, More Reliable Bitcoin ATM Network – Users can buy and sell Bitcoin with confidence, backed by Money Back Guarantee.

    As Bitcoin adoption continues to rise, the need for secure, fraud-proof financial infrastructure is greater than ever. Through this collaboration, SailoTechnology and Bullet Blockchain are taking a proactive step in securing the future of Bitcoin ATM transactions and reinforcing trust in crypto-based financial services.

    About SailoTech

    SailoTech is a cybersecurity company specializing in cryptographic security for blockchain and cryptocurrency ecosystems. The company is committed to developing next-generation solutions that protect digital assets, enhance transaction integrity, and establish new security benchmarks for the crypto industry. (LinkedIn)

    About Bullet Blockchain

    Bullet Blockchain (OTC: BULT) is a leading blockchain technology company focused on expanding cryptocurrency adoption through its large-scale Bitcoin ATM network and licensing of its Bitcoin ATM patents portfolio. By combining technological innovation with user-centered solutions, Bullet Blockchain aims to make Bitcoin transactions safer, faster, and more accessible.

    Media Contact:

    SailoTech
    Etty Algarisi
    Email: etty@sailo.tech
    Phone: +972-52-3553521

    Bullet Blockchain
    Sharon Greenberg
    ir@bulletblockchain.com

    Disclaimer: This press release is provided by SailoTechnology. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector–including cryptocurrency, NFTs, and mining–complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/097a7fb8-311e-4afd-884b-da5cf90ba8f9

    The MIL Network –

  • MIL-OSI Europe: Armenian financial institutions strengthen their crypto capabilities

    Source: Organization for Security and Co-operation in Europe – OSCE

    Headline: Armenian financial institutions strengthen their crypto capabilities

    On 17 and 18 March 2025, the OSCE conducted an introductory workshop for financial institutions on investigating the criminal use of virtual assets in Armenia. The workshop brought together representatives from the Central Bank of Armenia, the Financial Monitoring Center, and private banks. The aim of the workshop was to enhance participants’ capabilities in identifying and mitigating risks related to virtual assets and financial crime.
    The event featured interactive discussions, hands-on exercises, and case studies on key topics such as blockchain compliance, the role of anonymity in virtual asset transactions, and investigative techniques for tracking illicit financial flows using virtual assets. In addition, the workshop highlighted the importance between cross-sector and private-public collaboration between financial institutions.
    “This is a crucially important training for us”, said a participant from the Central Bank of Armenia. “By equipping professionals with the latest investigative techniques and compliance strategies, trainings like this help us safeguard against financial crime and ensure regulatory adherence”, she added.
    This workshop is part of OSCE’s extra-budgetary project “Innovative Policy Solutions to Mitigate Money-Laundering Risks of Virtual Assets”, implemented by the Office of the Co-ordinator of OSCE Economic and Environmental Activities and financially supported by Germany, Italy, Poland, Romania, the United Kingdom and the United States.

    MIL OSI Europe News –

  • MIL-OSI: FXDyno’s AI-Powered Wave Trading Set to Redefine Gold Trading

    Source: GlobeNewswire (MIL-OSI)

    LIMASSOL, Cyprus, March 17, 2025 (GLOBE NEWSWIRE) — FXDyno, an advanced wave-based trading system, has been introduced to enhance gold trading with precision and speed. By analyzing wave strength, duration, and trajectory, the system identifies trading opportunities in real time, adapting to gold’s dynamic price movements.

    Gold’s volatility presents both risks and opportunities, with price waves influenced by macroeconomic trends, geopolitical events, and institutional flows. Traditional indicators often struggle to keep pace with these rapid shifts, making timely decision-making challenging. FXDyno is designed to address this by refining trade execution based on evolving market conditions, ensuring each move aligns with prevailing market dynamics.

    Mastering Gold Trading with AI-Powered Wave Analysis
    Market movements follow patterns and waves, providing traders with insights that can enhance decision-making. Short-term price spikes, false reversals, and trend exhaustion points often lead to premature trade entries and exits. FXDyno is designed to filter out market noise, identifying optimal entry, hold, and exit points based on real-time price wave assessments.

    Rather than reacting to individual candlestick movements, the algorithm analyzes price momentum, acceleration, and structural wave formations. This approach ensures that trades align with high-probability trends rather than short-lived fluctuations.

    FXDyno’s wave trading strategy is designed to refine gold trading by accurately identifying and capitalizing on market waves. With timing as a critical factor in gold trading, the system aims to optimize execution for improved trade outcomes.

    A New Era of Algorithmic Gold Trading
    Traditional gold trading often relies on trend-following indicators that lag behind actual market movements, leaving traders exposed to delayed entries and false signals. A wave-centric approach positions trades ahead of market shifts, letting traders ride momentum instead of chasing it.

    As automated trading continues to reshape financial markets, strategies that merge speed, adaptability, and precision are becoming essential tools for traders looking to navigate gold’s volatility. This breakthrough technology represents the next step in algorithmic trading, refining gold price forecasting and creating opportunities in both trending and ranging markets.

    With gold remaining a cornerstone of global financial markets, traders who embrace wave-driven strategies gain the precision and adaptability needed to navigate rapid price movements with confidence.

    About FXDyno
    FXDyno delivers innovative, data-driven trading solutions designed for gold traders seeking consistency and precision. Developed by a team of experts since 2016, its Expert Advisor for MetaTrader 4 is built for optimized performance, smart automation, and robust risk management.

    Users can learn more at https://fxdyno.com/

    Contact

    FXDyno Media Team
    FXDyno
    support@fxdyno.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e3d20f3e-67da-4036-8a59-aaade1fb57fb

    The MIL Network –

  • MIL-OSI: Tech CU Expands to Meridian with Its First Brick-and-Mortar Location in Idaho

    Source: GlobeNewswire (MIL-OSI)

    MERIDIAN, Idaho, March 17, 2025 (GLOBE NEWSWIRE) — Technology Credit Union (Tech CU) is proud to announce the opening of its first physical branch in the Treasure Valley, located at 1394 West Chinden Blvd in Meridian, Idaho. This expansion marks a significant milestone in Tech CU’s commitment to providing exceptional, high-touch service to residents in one of the nation’s growing technology hubs.

    For the past two years, Treasure Valley members have enjoyed the convenience and security of Tech CU’s Virtual Branch. With the addition of an in-person location, members can enjoy the same level of personalized service and innovative banking solutions—now with the added benefit of in-person interactions.

    “Tech CU has proudly served the Treasure Valley community virtually since 2019, and we couldn’t be more excited to cement our commitment to this market with the opening of our first physical location,” said Robert Reed, Executive Vice President and Chief Retail Banking Officer at Tech CU.

    The new branch offers a comprehensive suite of financial services, including personal and business accounts, consumer loans, mortgage products, wealth management, and commercial banking.

    “At Tech CU, we are dedicated to delivering unmatched personal service, competitive rates, and innovative banking solutions designed to support our members at every stage of life,” said Todd Harris, CEO of Technology Credit Union. “We’re excited to open our doors in Treasure Valley and look forward to welcoming new members and helping them achieve their financial goals.”

    For more information about Tech CU, the new Treasure Valley branch, or to make a Virtual Branch appointment, please visit https://www.techcu.com.

    About Tech CU
    Tech CU is a $4.7 billion Bay Area credit union. As a federally insured not-for-profit organization, Tech CU has invested its resources to deliver superior rates, lower fees, and outstanding service and member benefits for more than 60 years while also supporting quality of life in local communities. It serves more than 200,000 members throughout the United States and provides financial products for all stages of its members’ lives, including personal banking, wealth management, private banking, commercial lending, and business banking. In 2021, Tech CU was named one of America’s best-in-state credit unions by Forbes. S&P Global Market Intelligence has regularly named Tech CU as one of the best-performing credit unions with assets of $100 million or more in California and one of the top 30 nationally (2017-2021). To learn more, please visit www.techcu.com.

    The MIL Network –

  • MIL-OSI: Kuaishou Kling AI Integrates DeepSeek, Lowering the Entry Barrier for AI-Powered Creative Content

    Source: GlobeNewswire (MIL-OSI)

    HONG KONG, March 17, 2025 (GLOBE NEWSWIRE) — Kuaishou Technology (“Kuaishou” or the “Company”; HKD Counter Stock Code: 01024 / RMB Counter Stock Code: 81024), a leading content community and social platform, recently announced the full integration of DeepSeek-R1 into its large video generation model, Kling AI. This integration enables users to effortlessly transform their creative ideas into professional prompts for video and image generation with DeepSeek’s assistance in generating or optimizing prompts, facilitating the creation of high-quality creative videos. In text-to-video scenarios, Kling AI DeepSeek Inspiration Version works seamlessly with the “Inspiration Word Bank” feature, providing users with granular control over scenes, lenses, shots, lighting, and atmosphere and thereby enhancing expressiveness.

    As a next-generation AI creative studio developed by Kuaishou, Kuaishou Kling AI has been continuously iterated and upgraded since its launch last year. While maintaining its lead in model capabilities and generation effects, Kuaishou Kling AI has unveiled an array of rich creation features and creative activities. The integration of DeepSeek will further lower the entry barrier for AI creative content and enhance creation efficiency.

    In December 2024, Kuaishou Kling AI officially launched the Kling AI 1.6 model, featuring upgraded video generation capabilities and significantly enhanced effects. Users can access the new features via the web portal (Chinese version: https://klingai.kuaishou.com; English version: https://klingai.com) or by searching for and downloading KLINGAI from the app store.

    About Kuaishou

    Kuaishou is a leading content community and social platform in China and globally, committed to becoming the most customer-obsessed company in the world. Kuaishou uses its technological backbone, powered by cutting-edge AI technology, to continuously drive innovation and product enhancements that enrich its service offerings and application scenarios, creating exceptional customer value. Through short videos and live streams on Kuaishou’s platform, users can share their lives, discover goods and services they need and showcase their talent. By partnering closely with content creators and businesses, Kuaishou provides technologies, products, and services that cater to diverse user needs across a broad spectrum of entertainment, online marketing services, e-commerce, local services, gaming, and much more.

    Forward-Looking Statements

    Certain statements included in this press release, other than statements of historical fact, are forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “may”, “might”, “can”, “could”, “will”, “would”, “anticipate”, “believe”, “continue”, “estimate”, “expect”, “forecast”, “intend”, “plan”, “seek”, or “timetable”. These forward-looking statements, which are subject to risks, uncertainties, and assumptions, may include our business outlook, estimates of financial performance, forecast business plans, growth strategies and projections of anticipated trends in our industry. These forward-looking statements are based on information currently available to the Group and are stated herein on the basis of the outlook at the time of this press release. They are based on certain expectations, assumptions and premises, many of which are subjective or beyond our control. These forward-looking statements may prove to be incorrect and may not be realized in the future. Underlying these forward-looking statements are a large number of risks and uncertainties. In light of the risks and uncertainties, the inclusion of forward-looking statements in this press release should not be regarded as representations by the Board or the Company that the plans and objectives will be achieved, and investors should not place undue reliance on such statements. Except as required by law, we are not obligated, and we undertake no obligation, to release publicly any revisions to these forward-looking statements that might reflect events or circumstances occurring after the date of this press release or those that might reflect the occurrence of unanticipated events.

    For investor and media inquiries, please contact:
    Kuaishou Technology
    Investor Relations
    Email: ir@kuaishou.com

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/67878873-5371-4b09-b951-63f292978c1b

    https://www.globenewswire.com/NewsRoom/AttachmentNg/bbd00047-a6cb-4395-b015-4e93b651da10

    The MIL Network –

  • MIL-OSI: Intesa Sanpaolo has partnered with the EIB to provide nearly €660m to promote economic growth in the CEE region since 2020

    Source: GlobeNewswire (MIL-OSI)

    Paola Papanicolaou, Head of Intesa Sanpaolo’s International Banks Division

    MILAN, March 17, 2025 (GLOBE NEWSWIRE) — Speaking at the EIB Forum in Luxembourg this month, Paola Papanicolaou, the head of Intesa Sanpaolo’s International Banks Division (IBD), outlined the significant contribution to economic growth in Central and Eastern Europe that the bank has made over the last five years.

    Intesa Sanpaolo has signed deals worth nearly €660m in the CEE region over the past five years, in partnership with the EIB. This includes some €370m dedicated to EU candidate countries, such as Serbia, Bosnia-Herzegovina and Ukraine.

    In Serbia, Intesa Sanpaolo’s subsidiary, Banca Intesa Beograd, recently partnered with EIB Global to provide €160m from the EU to support investment in the energy transition at Serbian SMEs, fostering sustainable economic growth.

    The transaction will benefit around 240 companies and protect approximately 25,000 jobs. Banca Intesa Beograd is Serbia’s leading banking group.

    “We believe that our role goes beyond that of a financial institution that just operates transactions, to that of a partner,” Papanicolaou said at the recent EIB Forum. “Intesa Sanpaolo advises and supports the growth of individual companies as well as the wider national economies in which we operate.”

    Intesa Sanpaolo’s IBD is deeply embedded in the CEE region through a network of twelve fully-owned banks.

    “It’s very important to be on the ground, as we are, to fully understand each country’s needs,” Papanicolaou said. “For example, we are working closely with some countries to support public finance and significant infrastructure projects”.

    Another agreement signed in November 2024 saw Intesa Sanpaolo’s Croatian bank, Privredna Banka Zagreb (PBZ), receive €169m from the EIB to finance the green transition at Croatian companies. Of this total amount, €100m was earmarked by the EIB as a guarantee line for large enterprises and mid-cap companies, and an extension of an EIF guarantee of up to €69m was made for small businesses in the country. Intesa Sanpaolo’s PBZ is the second-largest bank in Croatia by assets.

    Italy is a key trading partner for many EU candidate countries. As the leading Italian financial institution, Intesa Sanpaolo acts as a natural financial bridge between Italy — the second-largest manufacturing economy in Europe — and CEE markets.

    Intesa Sanpaolo facilitates international trade, supports SMEs in expanding beyond domestic markets, and fosters cross-border collaborations that drive economic progress. In particular, the bank believes that helping SMEs to expand internationally is a vital contribution to the development of an economy.

    The 12 home markets of Intesa Sanpaolo’s IBD are Croatia, Slovakia and Czech Republic, Serbia, Hungary, Egypt, Slovenia, Ukraine, Albania, Bosnia-Herzegovina, Romania and Moldova.

    These banks together serve 7.4m customers, with a combined loan book of €45bn and €61bn in deposits.

    Intesa Sanpaolo plays a crucial role in these economies, serving individuals, SMEs, corporates, and public sector entities while driving investment and growth.

    Contact: international.media@intesasanpaolo.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b9897a34-ccf2-4423-8cc4-3d0427433a18

    The MIL Network –

  • MIL-OSI Africa: Secretary-General’s video message to the Ninth Annual Brussels Conference “Standing with Syria: meeting the needs for a successful transition”

    Source: United Nations – English

    strong>Download the video:
    https://s3.us-east-1.amazonaws.com/downloads2.unmultimedia.org/public/video/evergreen/MSG+SG+/SG+07+March+25/3347660_MSG+SG+STANDING+WITH+SYRIA+BRUSSELS+07+MAR+25.mp4

    Excellencies, distinguished guests,

    I thank the European Union for hosting this Conference.

    This is a watershed moment for Syria.

    Syrians are on the threshold of a historic opportunity to realize their aspirations for a peaceful, prosperous and inclusive future.

    But the road ahead is a rocky one.

    After 14 years of war, Syria’s economy has lost out on an estimated $800 billion in GDP.

    Infrastructure for critical services has been devastated.

    And millions of Syrians — inside and outside Syria — continue to need massive levels of support for food, shelter, basic services and livelihoods.

    This includes the thousands of Syrians who have returned since December.

    And it includes the five million Syrian refugees in neighboring countries who are deciding their next step.

    In all, over two-thirds of the population require humanitarian assistance, making Syria one of the largest humanitarian crises in the world. 

    But funding for the humanitarian response continues to fall short.

    The international community must move with urgency to invest in Syria’s future,

    By expanding humanitarian support and reconsidering any cuts to funding at this critical time.

    By investing in Syria’s recovery, including addressing sanctions and other restrictions.

    And by supporting efforts to ensure an orderly and inclusive political transition, along with the creation of institutions that serve, reflect and protect all Syrians.

    The future of Syria is a matter for Syrians to determine, and my Special Envoy is working with them to help shape that future.

    The United Nations remains committed to helping Syrians build a country where reconciliation, justice, freedom, and prosperity are shared realities for all.

    This is the path to sustainable peace in Syria.

    A Syria for all Syrians.

    A prosperous and thriving Syria.

    A Syria — finally — at peace.

    Let’s work together to help the people of Syria as they take these momentous next steps in their journey towards a free, prosperous and peaceful future.

    ***
     

    MIL OSI Africa –

  • MIL-OSI United Nations: Special Peacekeeping Committee Concludes Session, Fails to Adopt Substantive Report

    Source: United Nations 4

    (Note:  Due to the financial liquidity crisis affecting the United Nations and the resulting constraints, this meeting was not covered.)

    The Special Committee on Peacekeeping Operations met this afternoon to complete the work of its 2025 Session, failing to adopt a substantive report.

    Michael Gort (Canada), Chair of the Committee’s Working Group of the Whole, expressed regret that the Group was unable to produce draft recommendations for this session despite the efforts of facilitators and coordinators. It was therefore proposed that intersessional discussions be held later in 2025 to examine the Committee’s working methods, a suggestion welcomed by many delegations.

    The Special Committee, also known as the Committee of 34, opened its 2025 Session on 18 February.  (See Press Release GA/PK/250.)

    __________

    * The 282nd Meeting was not covered.

    MIL OSI United Nations News –