Category: Entertainment

  • MIL-OSI: Rate’s Jennifer Beeston Named 2025 HousingWire Woman of Influence

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, July 02, 2025 (GLOBE NEWSWIRE) — Rate, a leading fintech company, today announced that Jennifer Beeston, EVP of National Sales, has been named a 2025 Woman of Influence by HousingWire. Now in its 16th year, the Women of Influence program honors 100 women across mortgage, real estate, and fintech who are making a measurable impact on their organizations and the broader housing economy.

    “The Women of Influence award highlights the leaders whose work is actively shaping the future of housing, something HousingWire has been committed to recognizing since the program launched 16 years ago,” said Clayton Collins, CEO of HW Media. “HousingWire Women of Influence honorees are leading meaningful progress across the housing economy, with influence spanning mortgage, real estate, and the entire homeownership experience. They’re driving real results at some of the industry’s most impactful organizations.”

    A mortgage loan officer for 18 years, Beeston consistently ranks among the top purchase loan officers in the country. She is the first woman to be named the #1 VA loan originator by Scotsman Guide and currently holds the top spot for VA purchase loan originations nationwide for the second consecutive year.

    Beeston is passionate about financial education. “Every American should understand the basics of finance, including how to buy a house. Homeownership is the cornerstone of wealth creation in America. I educate people on YouTube so that anyone with an interest has access to easy-to-understand information that can help them achieve their financial goals.”

    Media frequently seeks her out for her insights at the intersection of financial education and innovation, including the entry of cryptocurrency into the mortgage lending conversation. On the topic, Beeston notes:

    “As the financial landscape evolves, it’s important for lending to keep pace. Allowing borrowers to count cryptocurrency toward their reserve requirements is a smart, forward-looking move, as long as it’s done responsibly. Many financially savvy clients are building wealth in digital assets, and they shouldn’t have to liquidate just to qualify for a home. We need to meet people where they are while maintaining sensible guardrails.” For more on this topic from Beeston, please listen to this recent interview with Host Josh Lipton on Yahoo Finance.

    As she serves customers nationwide, she combines Rate technology and diverse loan programs with a mission-driven approach. Her platform has earned the trust of over 100,000 YouTube subscribers and garnered national recognition as a trusted expert from prominent outlets, including NewsNation, Yahoo Finance, Fox, Newsweek, and Fortune.

    “Jennifer is the definition of a mission-driven leader,” said Shant Banosian, President of Rate. “She brings passion, intelligence, and heart to everything she does, and the impact she’s made on our business, our team, and the industry at large is nothing short of extraordinary. We’re incredibly proud to see her recognized by HousingWire as a Woman of Influence.”

    In addition to being a top producer, Beeston is the creator of NoStressVA.com, a free online course designed to help veterans and industry professionals better understand and navigate the VA home loan benefit. Her advocacy work combats misinformation and empowers borrowers to make informed decisions—an approach that aligns closely with Rate’s commitment to transparency and consumer-first lending.

    She is also the author of Brainhacked: How Big Tech Trains You to Spend and How to Fight Back, a guide to staying true to your financial goals in the modern era of “click, click, buy.”

    Beeston is a mentor and cultural force within Rate. Her consumer advocacy has generated meaningful brand equity, and inspired colleagues across the organization. Through her voice, content, and leadership, she has become one of the most trusted names in lending.

    “It’s an honor to be named among this year’s Women of Influence,” said Beeston. “The mortgage industry is transforming at a record pace. From new and exciting developments in AI to potential crypto integration, conscious and thoughtful leadership is crucial in ensuring we act in the best interest of our clients and enhance their experience and options for homeownership. This group represents some of the most inspiring, forward-thinking leaders in housing today. I’m proud to stand alongside those who are reimagining how we serve Americans, build trust, and expand access to homeownership. Together, we’re helping shape a more transparent future for the industry.”

    HousingWire’s editorial team selected winners and a panel of industry professionals based on their professional accomplishments, industry contributions, community involvement, and overall influence. The 2025 list reflects the depth and diversity of talent that will lead housing into the future.

    To view the complete list of this year’s honorees, see here: https://www.housingwire.com/articles/announcing-the-2025-women-of-influence/

    About Rate

    Rate Companies is a leader in mortgage lending and digital financial services. Headquartered in Chicago, Rate has over 850 branches across all 50 states and Washington, D.C. Since its launch in 2000, Rate has helped more than 2 million homeowners with home purchase loans, refinances, and home equity loans. The company has cemented itself as an industry leader by introducing innovative technology, offering low rates, and delivering unparalleled customer service. Recent honors and awards include: a Best Mortgage Lender of 2025 by Fortune; Best Mortgage Lender of 2025 for First-Time Homebuyers by Forbes; a Best Mortgage Lender of 2025 for FHA Loans, Home Equity Loans, and Lower Credit Scores by NerdWallet; Best Mortgage Lender of 2025 for Digital Experience and Down Payment Assistance by Motley Fool; Chicago Agent Magazine’s Lender of the Year for seven consecutive years.

    Visit rate.com for more information.

    About HousingWire

    HousingWire is an information services company that provides unique data and research, respected business journalism and must-attend events for housing leaders to use to advance their understanding and business outcomes. Our vision is a world in which housing leaders have a complete view of the housing market, and a broad community of peers with whom they can connect. We are committed to delivering the data, analytics, media, and events that advance this vision.

    Because housing is too important for narrow perspectives and missed connections. Informed housing leaders are better housing leaders. A connected housing industry is a better housing industry. And the full picture always reveals new opportunities.

    Explore more at www.housingwire.com.

    Media Contact(s)

    For Rate:

    press@rate.com

    For HousingWire:

    Lesley Collins
    lesley@hwmedia.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8646a05d-31e9-4ce4-82b1-cbd3b5d4c94a

    The MIL Network

  • MIL-OSI: Rate’s Jennifer Beeston Named 2025 HousingWire Woman of Influence

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, July 02, 2025 (GLOBE NEWSWIRE) — Rate, a leading fintech company, today announced that Jennifer Beeston, EVP of National Sales, has been named a 2025 Woman of Influence by HousingWire. Now in its 16th year, the Women of Influence program honors 100 women across mortgage, real estate, and fintech who are making a measurable impact on their organizations and the broader housing economy.

    “The Women of Influence award highlights the leaders whose work is actively shaping the future of housing, something HousingWire has been committed to recognizing since the program launched 16 years ago,” said Clayton Collins, CEO of HW Media. “HousingWire Women of Influence honorees are leading meaningful progress across the housing economy, with influence spanning mortgage, real estate, and the entire homeownership experience. They’re driving real results at some of the industry’s most impactful organizations.”

    A mortgage loan officer for 18 years, Beeston consistently ranks among the top purchase loan officers in the country. She is the first woman to be named the #1 VA loan originator by Scotsman Guide and currently holds the top spot for VA purchase loan originations nationwide for the second consecutive year.

    Beeston is passionate about financial education. “Every American should understand the basics of finance, including how to buy a house. Homeownership is the cornerstone of wealth creation in America. I educate people on YouTube so that anyone with an interest has access to easy-to-understand information that can help them achieve their financial goals.”

    Media frequently seeks her out for her insights at the intersection of financial education and innovation, including the entry of cryptocurrency into the mortgage lending conversation. On the topic, Beeston notes:

    “As the financial landscape evolves, it’s important for lending to keep pace. Allowing borrowers to count cryptocurrency toward their reserve requirements is a smart, forward-looking move, as long as it’s done responsibly. Many financially savvy clients are building wealth in digital assets, and they shouldn’t have to liquidate just to qualify for a home. We need to meet people where they are while maintaining sensible guardrails.” For more on this topic from Beeston, please listen to this recent interview with Host Josh Lipton on Yahoo Finance.

    As she serves customers nationwide, she combines Rate technology and diverse loan programs with a mission-driven approach. Her platform has earned the trust of over 100,000 YouTube subscribers and garnered national recognition as a trusted expert from prominent outlets, including NewsNation, Yahoo Finance, Fox, Newsweek, and Fortune.

    “Jennifer is the definition of a mission-driven leader,” said Shant Banosian, President of Rate. “She brings passion, intelligence, and heart to everything she does, and the impact she’s made on our business, our team, and the industry at large is nothing short of extraordinary. We’re incredibly proud to see her recognized by HousingWire as a Woman of Influence.”

    In addition to being a top producer, Beeston is the creator of NoStressVA.com, a free online course designed to help veterans and industry professionals better understand and navigate the VA home loan benefit. Her advocacy work combats misinformation and empowers borrowers to make informed decisions—an approach that aligns closely with Rate’s commitment to transparency and consumer-first lending.

    She is also the author of Brainhacked: How Big Tech Trains You to Spend and How to Fight Back, a guide to staying true to your financial goals in the modern era of “click, click, buy.”

    Beeston is a mentor and cultural force within Rate. Her consumer advocacy has generated meaningful brand equity, and inspired colleagues across the organization. Through her voice, content, and leadership, she has become one of the most trusted names in lending.

    “It’s an honor to be named among this year’s Women of Influence,” said Beeston. “The mortgage industry is transforming at a record pace. From new and exciting developments in AI to potential crypto integration, conscious and thoughtful leadership is crucial in ensuring we act in the best interest of our clients and enhance their experience and options for homeownership. This group represents some of the most inspiring, forward-thinking leaders in housing today. I’m proud to stand alongside those who are reimagining how we serve Americans, build trust, and expand access to homeownership. Together, we’re helping shape a more transparent future for the industry.”

    HousingWire’s editorial team selected winners and a panel of industry professionals based on their professional accomplishments, industry contributions, community involvement, and overall influence. The 2025 list reflects the depth and diversity of talent that will lead housing into the future.

    To view the complete list of this year’s honorees, see here: https://www.housingwire.com/articles/announcing-the-2025-women-of-influence/

    About Rate

    Rate Companies is a leader in mortgage lending and digital financial services. Headquartered in Chicago, Rate has over 850 branches across all 50 states and Washington, D.C. Since its launch in 2000, Rate has helped more than 2 million homeowners with home purchase loans, refinances, and home equity loans. The company has cemented itself as an industry leader by introducing innovative technology, offering low rates, and delivering unparalleled customer service. Recent honors and awards include: a Best Mortgage Lender of 2025 by Fortune; Best Mortgage Lender of 2025 for First-Time Homebuyers by Forbes; a Best Mortgage Lender of 2025 for FHA Loans, Home Equity Loans, and Lower Credit Scores by NerdWallet; Best Mortgage Lender of 2025 for Digital Experience and Down Payment Assistance by Motley Fool; Chicago Agent Magazine’s Lender of the Year for seven consecutive years.

    Visit rate.com for more information.

    About HousingWire

    HousingWire is an information services company that provides unique data and research, respected business journalism and must-attend events for housing leaders to use to advance their understanding and business outcomes. Our vision is a world in which housing leaders have a complete view of the housing market, and a broad community of peers with whom they can connect. We are committed to delivering the data, analytics, media, and events that advance this vision.

    Because housing is too important for narrow perspectives and missed connections. Informed housing leaders are better housing leaders. A connected housing industry is a better housing industry. And the full picture always reveals new opportunities.

    Explore more at www.housingwire.com.

    Media Contact(s)

    For Rate:

    press@rate.com

    For HousingWire:

    Lesley Collins
    lesley@hwmedia.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8646a05d-31e9-4ce4-82b1-cbd3b5d4c94a

    The MIL Network

  • MIL-OSI: Fortinet to Announce Second Quarter 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    SUNNYVALE, Calif., July 02, 2025 (GLOBE NEWSWIRE) —

    News Summary
    Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, announced that it will hold a conference call to discuss its second quarter 2025 financial results on Wednesday, August 6, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time).

    Fortinet’s financial results conference call will be broadcast live in listen-only mode on the company’s investor relations website at http://investor.fortinet.com. While not required, it is recommended that you join at least 10 minutes prior to the event start.

    The CEO and CFO’s prepared remarks, supplemental slides and a call replay will be accessible from the Quarterly Earnings page on the Investor Relations page of Fortinet’s website at https://investor.fortinet.com/quarterly-earnings.

    About Fortinet (www.fortinet.com)
    Fortinet (Nasdaq: FTNT) is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices, and data everywhere, and today we deliver cybersecurity everywhere our customers need it with the largest integrated portfolio of over 50 enterprise-grade products. Well over half a million customers trust Fortinet’s solutions, which are among the most deployed, most patented, and most validated in the industry. The Fortinet Training Institute, one of the largest and broadest training programs in the industry, is dedicated to making cybersecurity training and new career opportunities available to everyone. Collaboration with esteemed organizations from both the public and private sectors, including Computer Emergency Response Teams (“CERTS”), government entities, and academia, is a fundamental aspect of Fortinet’s commitment to enhance cyber resilience globally. FortiGuard Labs, Fortinet’s elite threat intelligence and research organization, develops and utilizes leading-edge machine learning and AI technologies to provide customers with timely and consistently top-rated protection and actionable threat intelligence. Learn more at https://www.fortinet.com, the Fortinet Blog, and FortiGuard Labs

    FTNT-F
    Copyright © 2025 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiMail, FortiSandbox, FortiADC, FortiAgent, FortiAI, FortiAIOps, FortiAgent, FortiAntenna, FortiAP, FortiAPCam, FortiAuthenticator, FortiCache, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCentral, FortiCNP, FortiConnect, FortiController, FortiConverter, FortiCSPM, FortiCWP, FortiDAST, FortiDB, FortiDDoS, FortiDeceptor, FortiDeploy, FortiDevSec, FortiDLP, FortiEdge, FortiEDR, FortiEndpoint FortiExplorer, FortiExtender, FortiFirewall, FortiFlex FortiFone, FortiGSLB, FortiGuest, FortiHypervisor, FortiInsight, FortiIsolator, FortiLAN, FortiLink, FortiMonitor, FortiNAC, FortiNDR, FortiPAM, FortiPenTest, FortiPhish, FortiPoint, FortiPolicy, FortiPortal, FortiPresence, FortiProxy, FortiRecon, FortiRecorder, FortiSASE, FortiScanner, FortiSDNConnector, FortiSEC, FortiSIEM, FortiSMS, FortiSOAR, FortiSRA, FortiStack, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLM, FortiXDR and Lacework FortiCNAPP. Other trademarks belong to their respective owners.

    Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments.

    The MIL Network

  • MIL-OSI: Fortinet to Announce Second Quarter 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    SUNNYVALE, Calif., July 02, 2025 (GLOBE NEWSWIRE) —

    News Summary
    Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, announced that it will hold a conference call to discuss its second quarter 2025 financial results on Wednesday, August 6, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time).

    Fortinet’s financial results conference call will be broadcast live in listen-only mode on the company’s investor relations website at http://investor.fortinet.com. While not required, it is recommended that you join at least 10 minutes prior to the event start.

    The CEO and CFO’s prepared remarks, supplemental slides and a call replay will be accessible from the Quarterly Earnings page on the Investor Relations page of Fortinet’s website at https://investor.fortinet.com/quarterly-earnings.

    About Fortinet (www.fortinet.com)
    Fortinet (Nasdaq: FTNT) is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices, and data everywhere, and today we deliver cybersecurity everywhere our customers need it with the largest integrated portfolio of over 50 enterprise-grade products. Well over half a million customers trust Fortinet’s solutions, which are among the most deployed, most patented, and most validated in the industry. The Fortinet Training Institute, one of the largest and broadest training programs in the industry, is dedicated to making cybersecurity training and new career opportunities available to everyone. Collaboration with esteemed organizations from both the public and private sectors, including Computer Emergency Response Teams (“CERTS”), government entities, and academia, is a fundamental aspect of Fortinet’s commitment to enhance cyber resilience globally. FortiGuard Labs, Fortinet’s elite threat intelligence and research organization, develops and utilizes leading-edge machine learning and AI technologies to provide customers with timely and consistently top-rated protection and actionable threat intelligence. Learn more at https://www.fortinet.com, the Fortinet Blog, and FortiGuard Labs

    FTNT-F
    Copyright © 2025 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiMail, FortiSandbox, FortiADC, FortiAgent, FortiAI, FortiAIOps, FortiAgent, FortiAntenna, FortiAP, FortiAPCam, FortiAuthenticator, FortiCache, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCentral, FortiCNP, FortiConnect, FortiController, FortiConverter, FortiCSPM, FortiCWP, FortiDAST, FortiDB, FortiDDoS, FortiDeceptor, FortiDeploy, FortiDevSec, FortiDLP, FortiEdge, FortiEDR, FortiEndpoint FortiExplorer, FortiExtender, FortiFirewall, FortiFlex FortiFone, FortiGSLB, FortiGuest, FortiHypervisor, FortiInsight, FortiIsolator, FortiLAN, FortiLink, FortiMonitor, FortiNAC, FortiNDR, FortiPAM, FortiPenTest, FortiPhish, FortiPoint, FortiPolicy, FortiPortal, FortiPresence, FortiProxy, FortiRecon, FortiRecorder, FortiSASE, FortiScanner, FortiSDNConnector, FortiSEC, FortiSIEM, FortiSMS, FortiSOAR, FortiSRA, FortiStack, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLM, FortiXDR and Lacework FortiCNAPP. Other trademarks belong to their respective owners.

    Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments.

    The MIL Network

  • MIL-OSI: Voxtur Announces Results of Annual and Special Meeting of Shareholders

    Source: GlobeNewswire (MIL-OSI)

    TORONTO and TAMPA, Fla., July 02, 2025 (GLOBE NEWSWIRE) — Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) (“Voxtur” or the “Company”), a North American technology company creating a more transparent and accessible real estate lending ecosystem, today announced the results of its Annual and Special Meeting of Shareholders held earlier today (the “Meeting”).

    At the Meeting, the shareholders of the Company approved a resolution setting the number of directors of the Company at four and authorizing the Board to set the number of directors, and elected the following persons to serve as directors of the Company (the “Board”), each for a term of one year or until their successor is duly elected or appointed: Michael Harris, Allan Bezanson, Ray Williams, and Gary Yeoman.

    The shareholders also approved the appointment of MNP LLP as the Company’s auditor and the ratification of the Company’s Long-Term Incentive Plan (the “LTIP”). A complete copy of the LTIP is available in the Management Information Circular for the Meeting, which is available at www.sedar.com. Finally, the shareholders confirmed, ratified and approved the Advance Notice By-Law.

    About Voxtur

    Voxtur is a proptech company. The company offers targeted data analytics to simplify the multifaceted aspects of the lending lifecycle for investors, lenders, government agencies and servicers. Voxtur’s proprietary data hub and workflow platforms more accurately and efficiently value real estate assets, providing critical due diligence that enables market participants to effectively originate, trade, or service defaults on mortgage loans. As an independent and transparent mortgage technology provider, the company offers primary and secondary market solutions in the United States and Canada. For more information, visit www.voxtur.com

    Forward-Looking Information

    This news release contains certain forward-looking statements and forward-looking information (collectively, “forward-looking information”) which reflect the expectations of management regarding the Company’s future growth, financial performance and objectives and the Company’s strategic initiatives, plans, business prospects and opportunities. These forward-looking statements reflect management’s current expectations regarding future events and the Company’s financial and operating performance and speak only as of the date of this press release. By their very nature, forward-looking statements require management to make assumptions and involve significant risks and uncertainties, should not be read as guarantees of future events, performance or results, and give rise to the possibility that management’s predictions, forecasts, projections, expectations or conclusions will not prove to be accurate, that the assumptions may not be correct and that the Company’s future growth, financial performance and objectives and the Company’s strategic initiatives, plans, business prospects and opportunities, including the duration, impact of and recovery from the COVID-19 pandemic, will not occur or be achieved. Any information contained herein that is not based on historical facts may be deemed to constitute forward-looking information within the meaning of Canadian and United States securities laws. Forward-looking information may be based on expectations, estimates and projections as at the date of this news release, and may be identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” or similar expressions. Forward-looking information may include but is not limited to the anticipated financial performance of the Company and other events or conditions that may occur in the future. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the information is provided. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance, or achievements of the Company. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information include but are not limited to: additional costs related to acquisitions, integration of acquired businesses, and implementation of new products; changing global financial conditions, especially in light of the COVID-19 global pandemic; reliance on specific key employees and customers to maintain business operations; competition within the Company’s industry; a risk in technological failure, failure to implement technological upgrades, or failure to implement new technological products in accordance with expected timelines; changing market conditions related to defaulted mortgage loans, and the failure of clients to send foreclosure and bankruptcy referrals in volumes similar to those prior to the COVID-19 global pandemic; failure of governing agencies and regulatory bodies to approve the use of products and services developed by the Company; the Company’s dependence on maintaining intellectual property and protecting newly developed intellectual property; operating losses and negative cash flows; and currency fluctuations. Accordingly, readers should not place undue reliance on forward-looking information contained herein. Factors relating to the Company’s financial guidance and targets disclosed in this press release include, in addition to the factors set out above, the degree to which actual future events accord with, or vary from, the expectations of, and assumptions used by, Voxtur’s management in preparing the financial guidance and targets.

    This forward-looking information is provided as of the date of this news release and, accordingly, is subject to change after such date. The Company does not assume any obligation to update or revise this information to reflect new events or circumstances except as required in accordance with applicable laws.

    Neither TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

    Voxtur’s common shares are traded on the TSX Venture Exchange under the symbol VXTR and in the US on the OTCQB under the symbol VXTRF.

    Company Contact:
    Jordan Ross
    Tel: (416)708-9764

    jordan@voxtur.com

    The MIL Network

  • MIL-OSI: Sixth Street Completes Acquisition of Enstar

    Source: GlobeNewswire (MIL-OSI)

    HAMILTON, Bermuda, July 02, 2025 (GLOBE NEWSWIRE) — Enstar Group Limited (“Enstar”) (Nasdaq: ESGR) today announced the closing of its acquisition by investment vehicles managed by affiliates of Sixth Street, a leading global investment firm, for $338.00 in cash per ordinary share, representing a total equity value of $5.1 billion. Liberty Strategic Capital, J.C. Flowers & Co. LLC, and other institutional investors also participated in the transaction.

    “This is a major moment for Enstar as we begin our next chapter as a private company,” said Enstar’s Chief Executive Officer Dominic Silvester. “Together with Sixth Street, we will build on our position as a leading global (re)insurance group, delivering innovative solutions to our partners and maintaining our competitive advantage. I’d like to thank our employees, past and present, whose contributions have been instrumental to achieving this milestone.”

    “Enstar is a compelling company with a robust business model and an exceptional management team,” said Michael Muscolino, Co-Founder and Partner at Sixth Street. “We are thrilled to reach this milestone and look forward to partnering with Dominic and the rest of the Enstar team to help them execute on their existing strategy.”

    In connection with the closing of the transaction, Enstar notified The Nasdaq Stock Market, LLC (“NASDAQ”) that Enstar intends to voluntarily withdraw its depositary shares, each representing a 1/1,000th interest in a 7.00% Fixed-to-Floating Rate Perpetual Non-Cumulative Preferred Share, Series D, par value $1.00 per share, and its depositary shares, each representing a 7.00% Perpetual Non-Cumulative Preferred Share, Series E, par value $1.00 per share (collectively, the “depositary shares”) from listing on NASDAQ and registration pursuant to Section 12(b) of the Securities Exchange Act of 1934. Enstar expects to file a Form 25 Notification of Delisting with the Securities and Exchange Commission (the “SEC”) on or about July 14, 2025, relating to delisting and deregistering of the depositary shares. Enstar has not arranged, and does not intend to arrange, for listing and/or registration of the depositary shares on another national securities exchange or for quotation of the depositary shares in a quotation medium.

    The transaction was announced on July 29, 2024, and approved by Enstar shareholders at the Company’s Special General Meeting of Shareholders on November 6, 2024. With the completion of the acquisition, Enstar’s ordinary shares will no longer be listed publicly, and Enstar will continue operations as a privately held, standalone company. The Company will continue to operate under the Enstar name.

    Advisors

    Goldman Sachs & Co. LLC acted as financial advisor to Enstar and Paul, Weiss, Rifkind, Wharton & Garrison LLP and Hogan Lovells US LLP acted as legal advisors. Ardea Partners LP, Barclays PLC and J.P. Morgan Securities LLC acted as financial advisors to Sixth Street and Simpson Thacher & Bartlett LLP, Debevoise & Plimpton LLP and Cleary Gottlieb Steen & Hamilton LLP acted as legal advisors.

    Forward Looking Statements

    This communication contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements that include words such as “estimate,” “project,” “plan,” “intend,” “expect,” “anticipate,” “believe,” “would,” “should,” “could,” “seek,” “may,” “will” and similar statements of a future or forward-looking nature identify forward-looking statements for purposes of the federal securities laws or otherwise. These statements include statements regarding the intent, belief or current expectations of Enstar and its management team. Investors are cautioned that any such forward-looking statements speak only as of the date they are made, are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, including those related to the satisfaction of any post-closing regulatory requirements.

    Risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements, in addition to those identified above, include: (i) the risk that an active trading market for the newly preferred shares that our holders of the depositary shares representing Enstar Preferred Shares received in the transaction does not exist and may not develop; (ii) those risks and uncertainties set forth under the headings “Forward Looking Statements” and “Risk Factors” in Enstar’s Annual Report on Form 10-K for the year ended December 31, 2024 and Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, as such risk factors may be amended, supplemented or superseded from time to time by other reports filed by Enstar with the SEC from time to time, which are available via the SEC’s website at www.sec.gov; and (iii) those risks described in the definitive proxy statement on Schedule 14A (the “Proxy Statement”) filed with the SEC on October 11, 2024 and available from the sources indicated below.

    These risks, as well as other risks associated with the transaction, are more fully discussed in the Proxy Statement filed with the SEC on October 11, 2024, in connection with the transaction. These factors should not be construed as exhaustive and should be read in conjunction with the other forward-looking statements. The forward-looking statements relate only to events as of the date on which the statements are made. Enstar undertakes no obligation to update any written or oral forward-looking statements or publicly announce any updates or revisions to any of the forward-looking statements contained herein, or to reflect any change in its expectations with regard thereto or any change in events, conditions, circumstances or assumptions underlying such statements, except as required by law. If one or more of these or other risks or uncertainties materialize, or if our underlying assumptions prove to be incorrect, our actual results may vary materially from what we may have expressed or implied by these forward-looking statements. We caution that you should not place undue reliance on any of our forward-looking statements. You should specifically consider the factors identified in this communication that could cause actual results to differ. Furthermore, new risks and uncertainties arise from time to time, and it is impossible for us to predict those events or how they may affect Enstar.

    About Enstar

    Enstar is a global insurance group that offers innovative capital release solutions through its network of group companies in Bermuda, the United States, the United Kingdom, Continental Europe, Australia, and other international locations. A market leader in completing legacy acquisitions, Enstar has acquired more than 120 companies and portfolios since its formation in 2001. For further information about Enstar, see www.enstargroup.com.

    About Sixth Street

    Sixth Street is a global investment firm with over $115 billion in assets under management and committed capital. The firm uses its long-term flexible capital, data-enabled capabilities, and “One Team” culture to develop themes and offer solutions to companies across all stages of growth. Founded in 2009, Sixth Street has more than 650 team members including over 280 investment professionals around the world. For more information, visit www.sixthstreet.com, and follow Sixth Street on LinkedIn.

    Contact:

    For Enstar:
    For Investors: Matthew Kirk (investor.relations@enstargroup.com)
    For Media: Jenna Kerr (communications@enstargroup.com)

    For Sixth Street:
    media@sixthstreet.com

    The MIL Network

  • MIL-OSI Russia: Dance ensembles from 8 foreign countries to participate in Xinjiang International Dance Festival

    Translation. Region: Russian Federal

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

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

    URUMQI, July 2 (Xinhua) — Famous dance troupes from eight countries including Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan, Cambodia, the United States and Italy have been invited to participate in an international dance festival scheduled to be held from July 20 to Aug. 5 this year in northwest China’s Xinjiang Uygur Autonomous Region, the regional Culture and Tourism Department said at a press conference Wednesday.

    During the upcoming Xinjiang International National Dance Festival, domestic and foreign performers will present 52 exciting performances to the public, covering various art forms such as dance drama, musical, ballet and modern dance, said Yu Jie, deputy director of the aforementioned department.

    The performances will be shown in seven regions of Xinjiang, with Urumqi, the capital of Xinjiang, serving as the main venue for the event.

    The Xinjiang International Folk Dance Festival, first held in 2008, will be held for the seventh time. Previous events have brought together a total of 138 dance and choreography troupes from more than 70 countries and regions, witnessing increasingly active exchanges and mutual learning among civilizations, Yu Jie summed up. -0-

    MIL OSI Russia News

  • MIL-OSI Russia: Shaanxi Province to Host 2nd SCO TV Festival

    Translation. Region: Russian Federal

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

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

    BEIJING, July 2 (Xinhua) — The 2nd Shanghai Cooperation Organization (SCO) TV Festival will be held in Xi’an, northwest China’s Shaanxi Province, from July 15 to 17. As is known at the moment, more than 20 SCO member states, observer countries and dialogue partners will take part in it.

    According to the Shaanxi Daily newspaper, a joint declaration of the 2025 SCO television festival will be released during the event.

    Recently, a meeting was held in Shaanxi Province to prepare for this event, during which the plan for holding the 2nd SCO Television Festival was reviewed and approved.

    Sun Daguang, head of the propaganda department of the CPC Committee of Shaanxi Province, noted that holding this festival will create a favorable atmosphere for the upcoming SCO summit.

    The festival will be organized by the State Radio and Television Administration of the People’s Republic of China, the People’s Government of Shaanxi Province and the SCO Secretariat. -0-

    MIL OSI Russia News

  • MIL-OSI USA: 2025 IAM Transportation Conference Shows Power of IAM Union, Global Solidarity

    Source: US GOIAM Union

    IAM Air Transport Territory General Vice President Richie Johnsen delivers a video wrap-up report on the recent transportation conference, highlighting its success and the significant participation of delegates. 

    He emphasizes that attendees were highly productive, establishing an aggressive but necessary agenda and clear future direction for the organization. 

    The conference also featured a diverse array of international labor leaders, including representatives from Israel, the Caribbean, Japan, and Canada, alongside prominent figures like Stephen Cotton of the International Transport Workers’ Federation (ITF), representing 16 million global workers.

    AFL-CIO President Liz Shuler, representing 15 million U.S. workers, also spoke. Johnsen expresses his excitement for the future, noting the collective power of IAM Union solidarity from the clear direction established at the event.

    The post 2025 IAM Transportation Conference Shows Power of IAM Union, Global Solidarity appeared first on IAM Union.

    MIL OSI USA News

  • MIL-OSI: EBC Financial Group Celebrates Multiple Award Wins in 2025

    Source: GlobeNewswire (MIL-OSI)

    LONDON, July 02, 2025 (GLOBE NEWSWIRE) — EBC Financial Group (EBC) has been recognised by two leading industry award bodies in 2025, reinforcing its position as a trusted broker via the Best CFD Provider award by Online Money Awards and Most Trusted Broker and Best Trading Platform titles at the World Finance Forex Awards 2025.

    EBC’s wins at the World Finance Forex Awards mark the third consecutive year the Group has received honours from the awarding body—an indication of its sustained performance in both technology execution and client trust metrics. The 2025 dual awards build on EBC’s previous recognitions in 2023 and 2024, highlighting its consistent delivery of robust trading solutions across global markets.

    The acknowledgments span both product delivery and trust metrics, reflecting EBC’s operational focus on execution quality, platform innovation, and client protection within regulated trading environments.

    “These awards affirm the Group’s emphasis on building efficient, transparent, and regulated trading infrastructure,” said David Barrett, CEO of EBC Financial Group (UK) Ltd. “Whether it’s through our ETF CFD suite expansion, platform enhancements, or client-first service model, we remain focused on building tools and experiences that help traders act with clarity, confidence, and control.”

    Driving Growth with Thematic and Tactical CFD Solutions
    EBC’s recent launch of over 100 U.S.-listed ETF CFDs has expanded its multi-asset product suite and positioned the Group at the forefront of thematic trading innovation. These instruments give clients real-time, leveraged access to ETFs across a broad spectrum of global narratives—including clean energy, U.S. tech, dividend-yielding assets, fixed income, and emerging markets.

    The offering features ETFs from leading issuers such as Vanguard, iShares (BlackRock), and State Street Global Advisors, with key advantages including zero fund management fees, leverage options and short-selling capabilities as well as real-time execution and low-cost access to NYSE and NASDAQ-listed assets.

    This expansion aligns with EBC’s strategic focus on delivering smarter exposure tools—enabling traders to respond quickly to macro shifts, hedge market views, or construct diversified portfolios with precision.

    Platform Innovation and Client Experience at the Core
    Beyond product growth, EBC continues to enhance its platforms with features such as smart liquidity routing, expanded multilingual support, and ultra-low latency execution. Proprietary tools like the Trading Black Box and Private Room help optimise price aggregation, protect trade integrity, and elevate the trading experience across retail and institutional segments.

    These upgrades contributed to EBC’s recognition as Best Trading Platform at the 2025 World Finance Forex Awards, while the Most Trusted Broker title acknowledged the Group’s long-term dedication to governance, client protection, and relationship-building in regulated markets.

    This article reflects the observations of EBC Financial Group and all its global entities. It is not financial or investment advice. Trading in commodities and foreign exchange (FX) involves a significant risk of loss, potentially exceeding your initial investment. Consult a qualified financial advisor before making any trading or investment decisions, as EBC Financial Group and its entities are not liable for any damages arising from reliance on this information.

    For more information about EBC Financial Group and its award-winning services, visit www.ebc.com.

    About EBC Financial Group   

    Founded in London, EBC Financial Group (EBC) is a global brand known for its expertise in financial brokerage and asset management. Through its regulated entities operating across major financial jurisdictions—including the UK, Australia, the Cayman Islands, Mauritius, and others—EBC enables retail, professional, and institutional investors to access global markets and trading opportunities, including currencies, commodities, CFDs and more.

    Trusted by investors in over 100 countries and honoured with global awards including multiple year recognition from World Finance, EBC is widely regarded as one of the world’s best brokers with titles including Best Trading Platform and Most Trusted Broker. With its strong regulatory standing and commitment to transparency, EBC has also been consistently ranked among the top brokers—trusted for its ability to deliver secure, innovative, and client-first trading solutions across competitive international markets.

    EBC’s subsidiaries are licensed and regulated within their respective jurisdictions. EBC Financial Group (UK) Limited is regulated by the UK’s Financial Conduct Authority (FCA); EBC Financial Group (Cayman) Limited is regulated by the Cayman Islands Monetary Authority (CIMA); EBC Financial Group (Australia) Pty Ltd, and EBC Asset Management Pty Ltd are regulated by Australia’s Securities and Investments Commission (ASIC); EBC Financial (MU) Ltd is authorised and regulated by the Financial Services Commission Mauritius (FSC).   

    At the core of EBC are a team of industry veterans with over 40 years of experience in major financial institutions. Having navigated key economic cycles from the Plaza Accord and 2015 Swiss franc crisis to the market upheavals of the COVID-19 pandemic. We foster a culture where integrity, respect, and client asset security are paramount, ensuring that every investor relationship is handled with the utmost seriousness it deserves.    

    EBC is a proud official foreign exchange partner of FC Barcelona and continues to drive impactful partnerships to empower communities – namely through the UN Foundation’s United to Beat Malaria initiative, Oxford University’s Department of Economics, and a diverse range of partners to champion initiatives in global health, economics, education, and sustainability.    
    https://www.ebc.com/

     Media Contact: 
    Savitha Ravindran
    Global Public Relations Manager
    savitha.ravindran@ebc.com

    Michelle Siow 
    Brand & Communications Director 
    michelle.siow@ebc.com  

    The MIL Network

  • MIL-OSI Security: Detectives appeal for information following serious assault in Hackney

    Source: United Kingdom London Metropolitan Police

    Detectives investigating a serious assault in Hackney are appealing for witnesses to come forward, and have named a man they need to trace.

    On Saturday, 28 June at 00:56hrs police were called to reports of a fight between two men in Lower Clapton Road, E5.

    Officers attended alongside the London Ambulance Service who treated a 32-year-old man at the scene before transporting him to hospital. He remains in hospital with serious injuries that are believed to be life-changing.

    After making enquiries and reviewing CCTV, detectives are keen to speak to Christopher Richards, 32 (08.08.1992) of South Ockendon, Thurrock, in relation to the assault.

    Richards is known to have links to the Hackney area, as well as South Ockendon, Hammersmith and Fulham and Islington. He is of a medium, broad build and has dark brown hair.

    Anyone who has information on Richards’ and his whereabouts, or anyone with further information that could help the investigation, is urged to contact police on 101 quoting CAD 409/28JUN25.

    To remain anonymous, call the independent charity Crimestoppers anonymously on 0800 555 111 or visit crimestoppers-uk.org.

    MIL Security OSI

  • MIL-OSI: Rivalry Reports Full-Year 2024 Results as Strategic Turnaround Takes Hold, Operating Loss Narrows, and Efficiency Improves

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, July 02, 2025 (GLOBE NEWSWIRE) — Rivalry Corp. (the “Company” or “Rivalry”) (TSXV: RVLY), an internationally regulated sports betting and media company, announces its financial results for the fiscal year ended December 31, 2024.

    While Rivalry’s 2024 financials reflect only the earliest signals of its company-wide restructuring, the foundational work – most of which began in the second half of 2024 – is now beginning to show results in 2025. The Company narrowed its net loss, reduced operating expenses by 17%, and entered the new year leaner, more focused, and closer to breakeven.

    “We made hard decisions last year – rebuilding the product, cutting costs, and refining our approach to players – and those changes are beginning to show signs of positive impact,” said Steven Salz, Co-Founder and CEO of Rivalry. “The latter half of 2024 set the stage, and we’re encouraged by the progress seen so far in 2025.”

    FY2024 Highlights

    • Net revenue of $13.6 million, compared to $16.2 million in 2023.
    • Operating expenses decreased 17% to $32.2 million, down from $38.8 million.
    • Net loss of $22.4 million, compared to $23.8 million.
    • Deferred revenue of $4.1 million related to pre-sales of Rivalry’s on-platform crypto token.
    • Year-end cash of $2.7 million, with materially lower run-rate operating expenses entering 20251.

    Organizational Rebuild & Operating Leverage

    Rivalry spent the latter part of 2024 and into Q1 2025 executing a comprehensive overhaul across its cost base, product, player strategy, and operational structure. With most changes now implemented, early signs of progress are emerging. Highlights include:

    • Lean operating model, with breakeven net revenue now approximately $600,000 USD/month, down from over $2 million USD/month a year ago. Further reductions to operating costs are planned in Q3 2025 to lower the breakeven point even more.
    • Restructured VIP program and onboarding, improving retention and monetization from high-value players.
    • Expanded casino product, improving baseline stability through missions, races, and progression-based systems.
    • Platform upgrades enhancing site speed, responsiveness, and conversion.
    • Crypto-native infrastructure overhaul, including a rebuilt cashier, improved user experience (“UX”), and token-ready architecture to support long-term on-chain growth.

    These efforts have driven early improvements across the Company’s core key performance indicators in 2025:

    • Net revenue per active user and wagers per user at record levels (excluding customary outliers).
    • Deposit growth in nearly every month from November 2024 through June 2025, despite minimal marketing spend.
    • Monthly new first-time depositors (FTDs) up approximately 40% since January 2025 on flat monthly spend. Average payback on cohorts acquired during this period was approximately 1.5 months, highlighting improved customer acquisition efficiency.

    2025 Momentum and Execution

    In the first half of 2025, Rivalry continued executing against its strategic turnaround, with a focus on increasing player value, tightening operational efficiency, and accelerating near-term revenue drivers. Key initiatives included:

    • Loyalty Program v2: Building on the success of the end-2024 launch, the next iteration of Rivalry’s on-site loyalty program is in development, designed to deepen progression, improve engagement, and anchor major campaigns throughout Q3 2025.
    • New Promo Engine: Launching this summer, the rebuilt system introduces immediate-match deposit offers and new promo types, integrated directly into onboarding and reactivation flows to lift first time deposits and retention.
    • Customer Relationship Management (“CRM”) and Always-On Optimization: Active performance reviews of core flows, geo-targeted reactivation campaigns, and structural upgrades to improve output across the customer lifecycle.
    • VIP & High-Value-Player Activity: Fully structured outreach live across geos, with segmentation, high-touch CRM, and LTV-based targeting to reactivate high-value-players.
    • Cashier & Site Speed: Continued improvements to platform speed, including faster load times, and reduced friction in cashier UX.
    • Ongoing UX Improvements: Consistent updates across the site aimed at visual polish, design coherence, and front-end responsiveness to deliver a cleaner, more reliable user experience.

    These initiatives have laid a foundation entering the second half of 2025. The focus now is on maintaining momentum, tightening execution, and scaling revenue through improved player economics and operational leverage.

    Strategic Review

    The Company’s previously announced evaluation of strategic alternatives remains ongoing. Rivalry continues to explore a range of potential outcomes aimed at maximizing shareholder value. There is no assurance regarding the timing or results of this review.

    Outlook

    While the 2024 annual results capture only the early innings of Rivalry’s strategic transformation, the changes made throughout the year have meaningfully repositioned the Company. With a leaner cost structure, stronger product, and increasing revenue efficiency, Rivalry is entering the second half of 2025 with sharper operational discipline and renewed focus.

    Additional updates will be provided alongside the release of the Company’s financial results for the three months ended March 31, 2025, which are expected to be released on or prior to July 14, 2025.

    Unsecured Loan

    The Company also announces that it has secured a US$475,000 principal amount senior unsecured loan from its existing senior lender, maturing on September 30, 2025, with an interest rate of 10% per annum (the “Loan”). The Loan reinforces the Company’s senior lender’s support for the Company’s ongoing strategic review process and provides the Company with additional flexibility to continue pursuing its strategic initiatives to maximize long-term stakeholder value.

    Update Regarding Management Cease Trade Order

    The Company is providing this update on the status of a management cease trade order granted on May 1, 2025 (the “MCTO“) by its principal regulator, the Ontario Securities Commission (the “OSC“), under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203“). On May 2, 2025, the Company announced that there would be a delay in the filing of its annual financial statements, management’s discussion and analysis and related CEO and CFO certificates for the fiscal year ended December 31, 2024 (collectively, the “Annual Filings”), as required under applicable Canadian securities laws (the “Default Announcement“). On June 18, 2025 the Company further announced that it expects to file its unaudited financial statements and management’s discussion and analysis for the three months ended March 31, 2025 and related certifications (collectively, the “Q1 Filings“) on or prior to July 14, 2025. Although the Annual Filings have now been filed, the OSC has advised the Company that the MCTO will remain in place until the Q1 Filings have been completed.

    The Company advises that: (i) there have been no material changes to the information contained in the Default Announcement; (ii) it intends to continue to comply with the alternative information guidelines of NP 12-203; and (iii) except as previously disclosed, there are no subsequent specified defaults (actual or anticipated) within the meaning of NP 12-203.

    The MCTO will remain in effect until the Company is no longer in default with respect to its filing requirements and the OSC lifts the cease trade order.

    About Rivalry

    Rivalry Corp. wholly owns and operates Rivalry Limited, a leading sport betting and media company offering fully regulated online wagering on esports, traditional sports, and casino for the digital generation. Based in Toronto, Rivalry operates a global team in more than 20 countries and growing. Rivalry Limited has held an Isle of Man license since 2018, considered one of the premier online gambling jurisdictions, as well as an internet gaming registration in Ontario, and is currently in the process of obtaining additional country licenses. With world class creative execution and brand positioning in online culture, a native crypto token, and demonstrated market leadership among digital-first users Rivalry is shaping the future of online gambling for a generation born on the internet.

    No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

    Company Contact:
    Steven Salz, Co-founder & CEO
    ss@rivalry.com

    Investor Contact:
    investors@rivalry.com

    Cautionary Note Regarding Forward-Looking Information and Statements

    This news release contains certain forward-looking information within the meaning of applicable Canadian securities laws (“forward-looking statements”). All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “anticipate”, “achieve”, “could”, “believe”, “plan”, “intend”, “objective”, “continuous”, “ongoing”, “estimate”, “outlook”, “expect”, “project” and similar words, including negatives thereof, suggesting future outcomes or that certain events or conditions “may” or “will” occur. These statements are only predictions. Forward-looking statements in this news release include, but are not limited to, statements with respect to the expected filing date of the Q1 Filings, the impact of the Company’s strategic overhaul across its cost base, product, player strategy, and operational structure on its operating results and the results of the Company’s ongoing strategic review.

    Forward-looking statements are based on the opinions and estimates of management of the Company at the date the statements are made based on information then available to the Company. Various factors and assumptions are applied in drawing conclusions or making the forecasts or projections set out in forward-looking statements. Forward-looking statements are subject to and involve a number of known and unknown, variables, risks and uncertainties, many of which are beyond the control of the Company, which may cause the Company’s actual performance and results to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Such factors, among other things, include regulatory or political change such as changes in applicable laws and regulations; the ability to obtain and maintain required licenses; the esports and sports betting industry being a heavily regulated industry; the complex and evolving regulatory environment for the online gaming and online gambling industry; the success of esports and other betting products are not guaranteed; changes in public perception of the esports and online gambling industry; failure to retain or add customers; the Company having a limited operating history; negative cash flow from operations and the Company’s ability to operate as a going concern; operational risks; cybersecurity risks; reliance on management; reliance on third parties and third-party networks; exchange rate risks; risks related to cryptocurrency transactions; risk of intellectual property infringement or invalid claims; the effect of capital market conditions and other factors on capital availability; competition, including from more established or better financed competitors; and general economic, market and business conditions. For additional risks, please see the Company’s management’s discussion and analysis for the 12 months ended December 31, 2024 under the heading “Risk Factors”, and other disclosure documents available on the Company’s SEDAR+ profile at www.sedarplus.ca.

    No assurance can be given that the expectations reflected in forward-looking statements will prove to be correct. Although the forward-looking statements contained in this news release are based upon what management of the Company believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Readers should not place undue reliance on the forward-looking statements and information contained in this news release. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws.

    1 Includes cash and cash equivalents and restricted cash.

    The MIL Network

  • MIL-OSI: Chicken Road Game India 2025 Announce – Play This Trending Game and Win Real Money

    Source: GlobeNewswire (MIL-OSI)

    New York City, July 02, 2025 (GLOBE NEWSWIRE) —

    India and its people are famous for tracking down their fun and making the most out of what they have got. Indian crowd loves online games, and one game is stealing this show, none other than the Chicken Road. It’s a super fun, simple game where a cartoon chicken runs across a dangerous path.

    >>> Learn More About Chicken Road Game >>>

    The Chicken Road game was launched on April 4, 2024, by InOut Games. This game is a hit because it’s easy to play, works on phones, and gives you a chance to win big. In this game, players will be dealing with a silly chicken that dodge traps while deciding whether to grab your money or keep going for more. 
    In this article, we’ll explain what Chicken Road is, why Indians love it, how to play, and what it means for gaming in India.

    >>> Learn More About Chicken Road Game >>>

    What Is Chicken Road?

    Chicken Road is a game that asks, “Why did the chicken cross the road?” The answer: to win you cash obviously. This game is made by InOut Games. It is a company with a gaming license from Curacao. 

    >>> Learn More About Chicken Road Game >>>

    Chicken Road game is a  “crash-style” game. You bet money here, and watch the chicken run across a path that is full of traps like fire or holes, and decide when to stop and take your winnings. Each step the chicken takes makes your prize bigger, but if it hits a trap, then you will lose it all in a single second.

    The game has four levels:

    • Easy: 24 steps, very small chance of losing, and prizes up to 24.5x your bet.
    • Medium: A bit harder, and bigger rewards.
    • Hard: More risk, and obviously even bigger prizes.
    •  Hardcore: 15 steps, super risky, but you could win up to ₹1,810,000 on a ₹16,500 bet.

    The game is fair and legal with a 98% chance of giving back some money to players.

    How to Download Chicken Road India?

    You can download Chicken Road easily on your phone or play it online. These are the different platforms.

    You can download the Chicken road game on mobile phones as: 

    • Google Play Store: Search “Chicken Road” for arcade versions. 
    • TapTap: Download the latest APK for Android.
    •  APKPure: A safe place to get the APK file for Android phones.

    If you aren’t planning on downloading then you can play on Casino Websites:

    • Visit licensed online casinos partnered with InOut Games to play the real-money version.
    •  No app is needed.

    There are also official website for you to play on:

    • Check chickenroad.in or chicken-road.com for download links or free demo modes.

    Why Indians Love Chicken Road Game?

    Do you know that India has over 500 million smartphone users? And do you know what runs best on these phones? Obviously, Chicken Road game.This game is perfect for them. The following are the reasons why indians love it more:

    • Works on Any Phone: You don’t need a fancy phone or fast internet. The game is light and needs only 26.2 MB if you download it and runs smoothly on 4G or even 3G. You can play it on a bus, at home, or anywhere.
    • Super Easy to Play: Pick a bet that can go as low as ₹1, then choose a level, and then finally tap “Go.” The chicken starts running, and you can tap “Cash Out” when you want to stop. The funny chicken and goofy animations will definitely make you laugh.
    • Made for India: You can bet in rupees, and feel just at home. There are casinos like 1Win or Pin-Up that give special bonuses, like some extra money when you deposit. The game also has a silly story that feels like an Indian cartoon or joke.
    • Bragging and Winning: Players love chasing the “Golden Egg Jackpot” or setting high scores. They share wins on WhatsApp or Instagram. You can also try it free in demo mode before betting real money.

    How to Play and Win?

    Chicken Road is played with a big blend of luck, and smart thinking. It’s fair because you can check if each round is honest using special codes. 

    How It Works:

    • Pick a bet from ₹1 to ₹16,500.
    • Choose a level from the options of Easy, Medium, Hard, or Hardcore.
    • Tap “Go” to start the chicken’s run.
    • Each step raises the prize multiplier.
    • Tap “Cash Out” to keep your money.
    • Or just keep going for a bigger prize. 
    • The chicken will lose if it hits a trap.

    Chicken Road: Tips to Win:

    • Start Easy: Try Easy or Medium mode first when you are playing as a beginner or just playing casually.
    • Bet Small: Start with ₹100 or ₹500. If you win, bet a bit more next time. Don’t bet all your money.
    • Cash Out Early: Try stoping at 2x–5x in easy mode for small, steady wins. In Hard or Hardcore, you might wait longer, but it’s risky.
    • Practice Free: Use demo mode to test when to cash out without losing money.
    • Be Smart: Don’t chase losses. Set a budget, like ₹500 a day, and stop when it’s gone.

    How to Sign Up for Chicken Road Casino India?

    You can start playing this game by following the steps below.

    • Choose a Trusted Casino: Choose a licensed platform that offers Chicken Road and supports INR and UPI payments.
    • Go to the Website/App: Visit the casino’s official site or app and find the “Sign Up” button.
    • Select Registration Option: You can now sign up using your email, phone number, or social media.
    • Enter Basic Details: Just fill in the personal info that is asked for on the form. Also, create a secure password.
    • Verify and Play: Confirm your account via email/SMS, deposit funds, and search for Chicken Road to start playing.

    Is Chicken Road Legal in India?

    Chicken Road app is safe and legal in most Indian states. The only exceptions in this case are Telangana, Andhra Pradesh, and Tamil Nadu. Gambling laws of these states are stricter and does not allow online gambling. The gme also has Curacao license and fair-play technology to make sure that there is trust and reliability.

    • Age Limit: Players must be 18 or older.
    • ID Check: KYC verification needed for real-money play.
    • Play Responsibly: Use bet limits or timers to stay in control.
    • Secure Payments: Supports trusted apps like UPI.
    • Help Available: Email or app chat for support.

    Chicken Road Game: Terms and Conditions

    • The Goal: You have to get that chicken to the golden egg while stepping up multipliers.
    • Betting Options: You can start small with ₹1 or go all-in with ₹16,500.
    • Multipliers: These multipliers grow with each step. The minimal level is from a modest x1.02 in Easy Mode to a surprising x3,203,384.80 in Hard Mode.
    • Cash-Out Freedom: You can hit the cash-out button whenever you’re ready to take out your winnings.
    • Fair Play: The game uses blockchain technology to prove every round is legitimate. You can check “My Bet History” to see for yourself.

    Conclusion

    Chicken Road Game in India is winning hearts and hearts. You shouldn’t wait out on this jackpot opportunity that does not require a resume of gambling for making millions by the day. It’s fun, cheap to play, and works for everyone, from students to office workers. Its mix of laughs, risks, and rewards makes it feel like an Indian festival. 

    The game is full of excitement and surprises. If you are planning to play it safe with small bets or going big for the jackpot, then Chicken Road is a wild adventure for you.

    Company Name – Chicken Road
    Address – 673, JMD Building, Gurugram, Haryana
    Company Website: https://chicken-roadd.com/
    Email: sumit@chicken-roadd.com
    Phone: +91-2049157035
    Contact Person Name: Sumit

    Disclaimer
    This information is for general and entertainment purposes only—not legal, financial, or gambling advice. Always verify details and follow your local laws. Gambling carries risks; wager responsibly and only what you can afford to lose, and seek help if you feel out of control. Some links may be affiliate links at no extra cost to you, and wild may be unavailable or restricted in certain regions.

    Attachment

    The MIL Network

  • MIL-OSI: Hut 8 Secures Five-Year Capacity Contracts with IESO for 310 MW of Power Generation Assets

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, July 02, 2025 (GLOBE NEWSWIRE) — Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing, today announced that each of its four natural gas-fired power plants in Ontario (collectively, the “Portfolio”) has been awarded a five-year capacity contract with the Ontario Independent Electricity System Operator (“IESO”). The Portfolio is owned and operated by Far North Power Corp. (“Far North”), an entity formed by Hut 8 and Macquarie Equipment Finance Ltd. (“Macquarie”), a subsidiary of Macquarie Group Limited, a global financial services group.

    The contracts were awarded to Far North following successful bids submitted into the competitive IESO Medium-Term 2 (“MT2”) capacity auction and will commence on May 1, 2026. The contracted assets total 310 MW of nameplate capacity across four sites: Iroquois Falls, Kingston, Kapuskasing, and North Bay. The contracts include a weighted average capacity payment of approximately CAD $530 per MW-business day in Year 1 with partial inflation indexation that allows for potential increases over time.

    “Securing these contracts is a testament to the commercial and regulatory fluency of our power-native team,” said Asher Genoot, CEO of Hut 8. “It reflects our proactive approach to portfolio management and our focus on identifying value-accretive opportunities to maximize returns on our Power assets.”

    “This milestone for Far North is affirmation of the business and our relationship with Hut 8,” said Joshua Stevens, Managing Director in Macquarie Group’s Commodities and Global Markets business. “These contracts position the Far North power plants in Ontario for long-term relevance in a capacity-constrained power market, demonstrating the value we strive to bring as a capital provider.”

    Transaction Highlights

    • Creditworthy Offtaker: Government-backed counterparty rated AA3 (Positive) by Moody’s
    • Cash Flow Stabilization: Transition from short-term seasonal capacity agreements to fixed five-year contracts enhances revenue certainty and reduces earnings volatility
    • Upside Potential: Additional cash flow potential through energy sales into the Ontario market, where IESO projects 75% electricity demand growth by 2050 and a capacity shortfall of up to 5.8 GW by 2030, supporting increased reliance on existing dispatchable assets

    About Hut 8 

    Hut 8 Corp. is an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing. We take a power-first, innovation-driven approach to developing, commercializing, and operating the critical infrastructure that underpins the breakthrough technologies of today and tomorrow. Our platform spans 1,020 megawatts of energy capacity under management across 15 sites in the United States and Canada: five Bitcoin mining, hosting, and Managed Services sites in Alberta, New York, and Texas, five high performance computing data centers in British Columbia and Ontario, four power generation assets in Ontario, and one non-operational site in Alberta. For more information, visit www.hut8.com and follow us on X at @Hut8Corp.

    Cautionary Note Regarding Forward–Looking Information

    This press release includes “forward-looking information” and “forward-looking statements” within the meaning of Canadian securities laws and United States securities laws, respectively (collectively, “forward-looking information”). All information, other than statements of historical facts, included in this press release that address activities, events, or developments that Hut 8 expects or anticipates will or may occur in the future, including statements relating to the commencement date of the MT2 contracts, the pricing and other terms of the MT2 contracts, the upside and additional cash flow potential through energy sales into the Ontario market anticipated, and the benefits to Hut 8 and Far North of the MT2 contracts, and other such matters is forward-looking information. Forward-looking information is often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “allow”, “believe”, “estimate”, “expect”, “predict”, “can”, “might”, “potential”, “predict”, “is designed to”, “likely,” or similar expressions.

    Statements containing forward-looking information are not historical facts, but instead represent management’s expectations, estimates, and projections regarding future events based on certain material factors and assumptions at the time the statement was made. While considered reasonable by Hut 8 as of the date of this press release, such statements are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward-looking information, including, but not limited to, failure of critical systems; geopolitical, social, economic, and other events and circumstances; competition from current and future competitors; risks related to power requirements; cybersecurity threats and breaches; hazards and operational risks; changes in leasing arrangements; Internet-related disruptions; dependence on key personnel; having a limited operating history; attracting and retaining customers; entering into new offerings or lines of business; price fluctuations and rapidly changing technologies; construction of new data centers, data center expansions, or data center redevelopment; predicting facility requirements; strategic alliances or joint ventures; operating and expanding internationally; failing to grow hashrate; purchasing miners; relying on third-party mining pool service providers; uncertainty in the development and acceptance of the Bitcoin network; Bitcoin halving events; competition from other methods of investing in Bitcoin; concentration of Bitcoin holdings; hedging transactions; potential liquidity constraints; legal, regulatory, governmental, and technological uncertainties; physical risks related to climate change; involvement in legal proceedings; trading volatility; and other risks described from time to time in Company’s filings with the U.S. Securities and Exchange Commission. In particular, see the Company’s recent and upcoming annual and quarterly reports and other continuous disclosure documents, which are available under the Company’s EDGAR profile at www.sec.gov and SEDAR+ profile at www.sedarplus.ca.

    Hut 8 Corp. Investor Relations
    Sue Ennis
    ir@hut8.com

    Hut 8 Corp. Public Relations
    Gautier Lemyze-Young
    media@hut8.com

    The MIL Network

  • MIL-OSI Asia-Pac: Provisional statistics of retail sales for May 2025

    Source: Hong Kong Government special administrative region

         The Census and Statistics Department (C&SD) released the latest figures on retail sales today (July 2).

         The value of total retail sales in May 2025, provisionally estimated at $31.3 billion, increased by 2.4% compared with the same month in 2024. The revised estimate of the value of total retail sales in April 2025 decreased by 2.3% compared with a year earlier. For the first 5 months of 2025 taken together, it was provisionally estimated that the value of total retail sales decreased by 4.0% compared with the same period in 2024.

         Of the total retail sales value in May 2025, online sales accounted for 8.3%. The value of online retail sales in that month, provisionally estimated at $2.6 billion, increased by 0.3% compared with the same month in 2024. The revised estimate of online retail sales in April 2025 decreased by 3.7% compared with a year earlier. For the first 5 months of 2025 taken together, it was provisionally estimated that the value of online retail sales decreased by 1.7% compared with the same period in 2024.

         After netting out the effect of price changes over the same period, the provisional estimate of the volume of total retail sales in May 2025 increased by 1.9% compared with a year earlier. The revised estimate of the volume of total retail sales in April 2025 decreased by 3.3% compared with a year earlier. For the first 5 months of 2025 taken together, the provisional estimate of the total retail sales decreased by 5.5% in volume compared with the same period in 2024.

         Analysed by broad type of retail outlet in descending order of the provisional estimate of the value of sales and comparing May 2025 with May 2024, the value of sales of other consumer goods not elsewhere classified increased by 8.9%. This was followed by sales of commodities in supermarkets (+1.3% in value); wearing apparel (+0.4%); food, alcoholic drinks and tobacco (+2.8%); commodities in department stores (+6.3%); medicines and cosmetics (+8.7%); electrical goods and other consumer durable goods not elsewhere classified (+0.9%); motor vehicles and parts (+2.7%); books, newspapers, stationery and gifts (+1.6%); and optical shops (+1.4%).

         On the other hand, the value of sales of jewellery, watches and clocks, and valuable gifts decreased by 3.2% in May 2025 over a year earlier. This was followed by sales of fuels (-6.9% in value); footwear, allied products and other clothing accessories (-0.1%); furniture and fixtures (-12.0%); and Chinese drugs and herbs (-2.2%).

         Based on the seasonally adjusted series, the provisional estimate of the value of total retail sales increased by 4.1% in the three months ending May 2025 compared with the preceding three-month period, while the provisional estimate of the volume of total retail sales increased by 7.0%.

    Commentary

         A government spokesman said that retail sales performance saw improvement in May 2025. The value of total retail sales turned to a year-on-year increase of 2.4%. On a seasonally adjusted basis, the value of total retail sales increased by 7.0% over the preceding month. 

         Looking ahead, the spokesman said that while the retail sector continues to adapt to the changes in consumption patterns, the Government’s proactive efforts in promoting tourism and mega events, in tandem with the increase in employment earnings and sustained steady growth of the Mainland economy, will help bolster consumption sentiment and support the consumption market.

    Further information

         Table 1 presents the revised figures on value index and value of retail sales for all retail outlets and by broad type of retail outlet for April 2025 as well as the provisional figures for May 2025. The provisional figures on the value of retail sales for all retail outlets and by broad type of retail outlet as well as the corresponding year-on-year changes for the first 5 months of 2025 taken together are also shown.

         Table 2 presents the revised figures on value of online retail sales for April 2025 as well as the provisional figures for May 2025. The provisional figures on year-on-year changes for the first 5 months of 2025 taken together are also shown.

         Table 3 presents the revised figures on volume index of retail sales for all retail outlets and by broad type of retail outlet for April 2025 as well as the provisional figures for May 2025. The provisional figures on year-on-year changes for the first 5 months of 2025 taken together are also shown.

         Table 4 shows the movements of the value and volume of total retail sales in terms of the year-on-year rate of change for a month compared with the same month in the preceding year based on the original series, and in terms of the rate of change for a three-month period compared with the preceding three-month period based on the seasonally adjusted series.

         The classification of retail establishments follows the Hong Kong Standard Industrial Classification (HSIC) Version 2.0, which is used in various economic surveys for classifying economic units into different industry classes.

         These retail sales statistics measure the sales receipts in respect of goods sold by local retail establishments and are primarily intended for gauging the short-term business performance of the local retail sector. Data on retail sales are collected from local retail establishments through the Monthly Survey of Retail Sales (MRS). Local retail establishments with and without physical shops are covered in MRS and their sales, both through conventional shops and online channels, are included in the retail sales statistics.

         The retail sales statistics cover consumer spending on goods but not on services (such as those on housing, catering, medical care and health services, transport and communication, financial services, education and entertainment) which account for over 50% of the overall consumer spending. Moreover, they include spending on goods in Hong Kong by visitors but exclude spending outside Hong Kong by Hong Kong residents. Hence they should not be regarded as indicators for measuring overall consumer spending.

         Users interested in the trend of overall consumer spending should refer to the data series of private consumption expenditure (PCE), which is a major component of the Gross Domestic Product published at quarterly intervals. Compiled from a wide range of data sources, PCE covers consumer spending on both goods (including goods purchased from all channels) and services by Hong Kong residents whether locally or abroad. Please refer to the C&SD publication “Gross Domestic Product by Expenditure Component” for more details.

         More detailed statistics are given in the “Report on Monthly Survey of Retail Sales”. Users can browse and download this publication at the website of the C&SD (www.censtatd.gov.hk/en/EIndexbySubject.html?pcode=B1080003&scode=530).

         Users who have enquiries about the survey results may contact the Distribution Services Statistics Section of the C&SD (Tel: 3903 7400; E-mail: mrs@censtatd.gov.hk).

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Red flags hoisted at Stanley Main Beach and Shek O Beach

    Source: Hong Kong Government special administrative region – 4

    Attention TV/radio announcers:

    Please broadcast the following as soon as possible:

         Here is an item of interest to swimmers.

         The Leisure and Cultural Services Department announced today (July 2) that due to big waves, red flags have been hoisted at Stanley Main Beach and Shek O Beach in Southern District, Hong Kong Island. Beachgoers are advised not to swim at these beaches.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: LCQ16: Improving English information channels

    Source: Hong Kong Government special administrative region – 4

         Following is a question by Dr the Hon Starry Lee and a written reply by the Acting Secretary for Commerce and Economic Development, Dr Bernard Chan, in the Legislative Council today (July 2):
     
    Question:
     
         The Third Plenary Session of the 20th Central Committee of the Communist Party of China (CPC Central Committee) has adopted the Resolution of the CPC Central Committee on Further Deepening Reform Comprehensively to Advance Chinese Modernization, in which it is pointed out that Hong Kong needs to further capitalise on its strengths and become an international hub for high-calibre talents. There are views that attracting international talents requires efforts on various fronts, among which, the creation of an international living environment and the setting up of well-established English information channels for demonstration of Hong Kong’s cultural diversity, openness and inclusiveness are particularly important. In this connection, will the Government inform this Council:
     
    (1) whether it has compiled statistics on the percentage of broadcast time in foreign languages out of the total broadcast time in respect of the public broadcasting services in Hong Kong at present, and how the relevant time and percentage compare with those in other international metropolises;
     
    (2) of the specific policies and whether resources have been allocated to encourage local television and sound broadcasters to produce more quality English-language programmes, especially those with contents showcasing the business environment, cultural characteristics, lifestyle, etc, in Hong Kong;
     
    (3) whether it has evaluated the effectiveness of the existing English media contents in attracting and retaining international talents; whether it has conducted relevant surveys to understand the information needs of international talents;
     
    (4) whether it will consider setting up an additional 24-hour English channel on Radio Television Hong Kong and producing more English programmes to present a soft and down-to-earth introduction of the policies and development opportunities in Hong Kong, so as to enable international talents and inbound tourists to obtain local information more conveniently; if so, of the details; if not, the reasons for that;
     
    (5) of the Government’s plans to enhance Hong Kong’s international image and visibility by arranging additional media coverage in English, given that the 15th National Games and other international events are about to take place; and
     
    (6) apart from traditional television broadcasters, whether it has plans to make use of emerging publicity channels, such as digital platforms and social media, to produce more information contents about Hong Kong in English, so as to strengthen Hong Kong’s international communication capability, thereby creating a more attractive international living environment; if so, of the details; if not, the reasons for that?
     
    Reply:
     
    President,
     
         The HKSAR Government has been striving to showcase the unique characteristics of Hong Kong, being an international metropolis, from various perspectives to attract international talents and tourists by telling the good stories of Hong Kong through diverse television and radio programmes, as well as different promotion measures. Having consulted the Labour and Welfare Bureau (LWB), the Culture, Sports and Tourism Bureau (CSTB) and the Home and Youth Affairs Bureau, our consolidated response is as follows:
     
         Hong Kong’s broadcasting market is under steady development. The three domestic free television programme service (free TV) licensees, two sound broadcasting licensees and Radio Television Hong Kong (RTHK) are providing a total of 15 television channels and 14 radio channels respectively, which include five TV channels and three radio channels in English. The general public (including non-Chinese-speaking persons in Hong Kong) can choose and enjoy diverse television and radio programmes (including English-language programmes) with a wide variety according to their needs. The HKSAR Government does not maintain related information in other regions.
     
         Under the current broadcasting regulatory framework, licensed broadcasters shall provide English programmes through their designated English channels in accordance with their licence conditions. Considering the sustainable development of licensed broadcasters and the needs of different audience, the three domestic free TV English channels are currently required to broadcast English programmes for at least 55 per cent of the broadcasting hours. Although licensed broadcasters can exercise suitable flexibility to broadcast non-English programmes for not more than 45 per cent of the broadcasting hours on their English channels, free TV licensees must broadcast English programmes during prime time on their English channels as required to cater for the needs of the general public and non-Chinese-speaking persons in Hong Kong. We also note that the current English programmes offered by licensed broadcasters cover a wide range of genres, including news, current affairs, sports, cultural features, lifestyle and arts, etc.
     
         On the other hand, RTHK also proactively offers English programmes through its radio and TV channels, including launching English programme time slots on RTHK TV 31 and 32; providing 24-hour relay of the China Global Television Network Documentary and English Channels under the China Media Group on RTHK TV 34 and 35; providing 24-hour broadcasting with diverse English programmes on RTHK Radio 3; and broadcasting bilingual programmes featuring fine music and arts information on RTHK Radio 4, etc. These help exhibit Hong Kong’s diversity and global vision, proactively telling good stories of the country and Hong Kong and enabling non-Chinese speaking persons in Hong Kong to have a better understanding of various information about Hong Kong and Mainland China.
     
         Since the three free TV licences will expire in 2027 and 2028, the Communications Authority (CA) has commenced the renewal exercise of the free TV licences and will conduct a public consultation exercise in the third quarter of 2025. In processing the renewal applications, subject to actual circumstances, the CA will consider revisions to licence conditions and regulatory requirements on free TV services (including requirements on English channels and programmes) taking into account views from the industry and the public as well as the latest market development and submit recommendations on licence renewal to the Chief Executive in Council.
     
         Regarding the attraction of talents, talents are generally concerned about employment and business start-up opportunities, children’s education and social integration when considering pursuance of development in Hong Kong. Media in English, being an international language, helps disseminate relevant information to international talents, alleviating their concern about integration into local society. To facilitate social integration of international talents in a more proactive manner, the Hong Kong Talent Engage (HKTE) of the LWB has been providing comprehensive support services to help them stay in the city for development. With a view to ensuring that the comprehensive information about living and working in Hong Kong are accessible to international talents, the HKTE’s promotional and publicity materials, including its online platform, TV Announcements in the Public Interest, social media posts, etc, are already fully available in English, and its themed seminars on living in Hong Kong also offer online livestreaming and simultaneous interpretation services. On the other hand, the HKTE launched the Talent+ Volunteer Programme in September 2024, and has been collaborating with various non-governmental organisations, working partners and corporations to provide incoming talents with diverse volunteer service opportunities, strengthening their connections with the local community and fostering their sense of belonging to the city.
     
         As for promotion of mega events, the CSTB, in collaboration with relevant government departments and organisations, has been devising extensive publicity campaigns through diverse means for the 15th National Games (NG), the 12th National Games for Persons with Disabilities (NGD) and the 9th National Special Olympic Games (NSOG), including various overseas promotional initiatives with the support of the Information Services Department (ISD), such as running advertisements in overseas media and at a number of major overseas international airports, engaging overseas key opinion leaders to publish promotional posts, and inviting overseas journalists and guests to visit Hong Kong through thematic media visit programmes and the Sponsored Visitors Programme so that they can spread their positive visiting experiences in their hometown afterwards, with a view to raising the international profile and popularity of Hong Kong and attracting more overseas spectators to the events. RTHK will also fully engage in the promotion, production and live broadcast of the 15th NG, the 12th NGD and the 9th NSOG. Besides, for organisation of major events, depending on the nature of the events, the Leisure and Cultural Services Department (LCSD) will invite media in English and other foreign languages to participate in press conferences or carry out promotional campaigns, and will also collaborate with local and international media organisations and event partners (such as relevant Consulates-General in Hong Kong, cultural organisations stationed in Hong Kong as well as the overseas Economic and Trade Offices) to promote the events. The LCSD will make good use of its social media platforms for promotion and support bilingual content so as to promote featured events to local and overseas audiences.
     
         Apart from the above promotion measures, the ISD has been setting up accounts on various social media platforms and producing more English social media posts for promotion. The ISD has also co-operated with the national media to make use of their multi-language new media platforms to promote Hong Kong to more countries through different foreign languages. Besides, the ISD will continue to work with suitable overseas media organisations to produce content on Hong Kong’s latest development in key areas, such as innovation and technology, sports, shipping, and culture and arts, etc, with the aim of expanding the reach of overseas promotional efforts through their readers’ network and social media platforms. Through monitoring of the latest market development and global trend, the ISD will continue to make use of appropriate platforms to raise the international profile of Hong Kong.

    MIL OSI Asia Pacific News

  • Iranian President Pezeshkian Signs into Law Suspending Cooperation with UN Nuclear Monitor

    Source: Government of India

    Source: Government of India (4)

    Iranian President Masoud Pezeshkian has signed into law a bill suspending cooperation with the United Nations’ nuclear monitor, the International Atomic Energy Agency (IAEA), Iranian state media reported on Wednesday. This is one of the most drastic steps Iran has made in its standoff with international powers on its nuclear activities.

    State broadcaster of Iran reported that “Masoud Pezeshkian ratified the bill suspending cooperation with the International Atomic Energy Agency,” Press TV, Mehr news agency, and semi-official Tasnim news agency stated. The legislation, which occurred after the recent military clashes with Israel and the United States, came into effect officially.

    The suspension comes on the heels of Iran’s Parliament approving the legislation overwhelmingly, gaining 221 votes in support, one abstention, and no opposition from among those present in the 290-seat house. The parliamentary vote then got approval from Iran’s constitutional monitor before it could hit the president’s desk.

    The action follows a build-up of tensions that started on June 13 when Israel bombed Iranian military and nuclear facilities. Iran retaliated with missile and drone attacks against Israeli targets, and the US retaliated with attacks on key Iranian nuclear facilities at Fordow, Natanz, and Isfahan on June 22. Iran condemned the US attacks as a ‘savage assault’ and vowed not to abandon its nuclear program. The 12-day war finally came to an end under a US-facilitated ceasefire that took effect on June 24.

    Iranian officials accused the IAEA of remaining silent throughout the military campaign, stoking Iran’s tensions with the UN nuclear agency over access and transparency. The implications for the IAEA’s ability to monitor Iran’s nuclear program are uncertain, but it is a stark escalation of Iran’s nuclear posture amid rising regional tensions.

  • MIL-OSI United Kingdom: Council partnership secures long-term base for Coundon Court FC

    Source: City of Coventry

    Coventry City Council has partnered with Coundon Court Football Club to secure its future at Coundon Hall Park, establishing the site as the long-term home of the local club.

    After being accepted onto the Football Foundation’s Home Advantage Programme, the club is set to take on a 25-year lease of the pitches at Coundon Hall Park.

    The Football Foundation’s Home Advantage Programme is supported by the Premier League, The FA and Government’s Football Foundation. It aims to support grassroots clubs and organisations across the country to take on long-term leases or licences of the sites they play at.

    The club will also have the opportunity to apply for up to £250,000 in grant funding from the Foundation to improve the facilities at Coundon Hall Park. This could include security fencing, storage units, grounds maintenance machinery and catering cabins.

    Councillor Kamran Caan, Cabinet Member for Public Health and Sport, said: “It’s been fantastic to work with Coundon Court Football Club to secure their future at Coundon Hall Park.

    “Supporting local sports clubs which give members of our community the opportunity to get out, get active and take part in something they enjoy is really important.

    “This support from the Football Foundation and the Home Advantage Programme will make a real impact and firmly cement the club’s future. In addition, it will show how this could be a model across the city of best practice.”

    Coundon Court FC is a 3-star England Football-accredited club with over 30 teams, and disability and community programmes. Named ‘Club of the Year’ by Birmingham County FA, it’s proudly rooted in the local community.

    Barry Morris, Club Secretary at Coundon Court Football Club, added: “We see this as a huge opportunity for our club to have a home of its own, enabling us to offer more football provision within the local community.

    “After collecting the ‘Club of the Year’ accolade from Birmingham FA for the second time in 4 years, we already have a fantastic foundation to work from and will continue to progress.

    “Thanks to Coventry City Council and the Football Foundation for their support and confidence in working with our club on this exciting and innovative project.”

    The planned Coundon Cycleway has also been designed to accommodate the improvements at the park.

    Councillor Patricia Hetherton, Cabinet Member for City Services, said: “We have planned the route of the Cycleway to allow for a full range of activities in the park – this includes allowing room for the exciting new multi-use games area and future football pitches – spaces where local young people can come together, be active, and have fun.

    “The Coundon Cycleway scheme, funded by Active Travel England, will create a new cycleway through the park by utilising existing paths and well-trodden pedestrian routes. The project will also enhance the area with new lighting, benches, and tree planting. Additional improvements include the installation of extra bins and CCTV in both car parks, ensuring a safer and more enjoyable environment for all visitors.”

    Robert Sullivan, CEO of the Football Foundation, said: “The Football Foundation is working closely with our partners – the Premier League, The FA and Government – to unlock the power of pitches for more grassroots clubs and enable them to take pride in the place they call home.

    “We know that local authorities often lack the resources to maintain their grass pitches to a high standard, and yet the process of transferring management is often seen as complicated, expensive and therefore unattractive.

    “Through our Home Advantage Programme, the Foundation plans to provide the support and funding needed to transfer over 1,750 grass football pitches like the ones at Coundon Hall Park from local authorities to grassroots clubs and organisations across the country.

    “As well as a higher chance of success on the pitch, home grounds provide a space for people to come together through sport and help strengthen communities based on a shared sense of belonging.”

    To find out more about the programme visit the Football Foundation’s website.

    Image caption: Ant Hasker – Facilities and Investment Lead, Birmingham County FA, Eddie Gormley – Coundon Court FC Club Chairman, Peter Howarth – Coundon Court FC Volunteer, Barry Morris – Coundon Court FC Secretary, Lee Garratt – Coundon Court FC Club Manager Coordinator, Councillor Patricia Hetherton – Cabinet Member for City Services and Tim Wetherhill – Coventry City Council Parks Manager

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Coventry Music and Go CV strike a chord with new partnership

    Source: City of Coventry

    Following the success of the city’s first-ever Coventry Schools’ Arts Week, Coventry City Council is proud to announce an exciting new partnership between Coventry Music and Go CV.

    This initiative, launching in September 2025, will open up more opportunities for young people and families across Coventry to engage with music, helping to break down financial barriers to participation.

    As part of this new collaboration:

    • Go CV+ members will receive a 25% discount on direct billed music lessons with Coventry Music.
    • All Go CV card holders – regardless of card type – will enjoy free access to nearly all Coventry Music Groups.

    This partnership represents a significant step towards making music education and community engagement more accessible and inclusive for all.

    Councillor Dr Kindy Sandhu, Cabinet Member for Education and Skills at Coventry City Council said: “Music has the power to inspire, unite, and transform lives. This new partnership between Coventry Music and Go CV will ensure that more children and young people can access high-quality music opportunities, regardless of their background. It’s another step towards a fairer, more creative Coventry.”

    The announcement follows a hugely successful Coventry Schools’ Arts Week, which saw schools across the city come together in a vibrant celebration of creativity. The new partnership builds on this momentum, strengthening the Council’s commitment to cultural growth and lifelong learning.

    Councillor Kamran Caan, Cabinet Member for Public Health, Sport and Wellbeing said: “It’s fantastic to see another exciting expansion of the Go CV scheme. Go CV continues to make a real difference for people across our city — helping families save money, access fantastic opportunities, and enjoy all that Coventry has to offer. It’s a great example of how we can support local communities and promote health, wellbeing and inclusion.”

    Go CV, which is used by over 125,000 residents in the city, gives access to discounts and offers when visiting local attractions. Through the Go CV mobile app, savings can be made when shopping at local businesses too.

    Residents living in Coventry can join Go CV for free via the Go CV website. Businesses interested in partnering with Go CV and creating an offer for Coventry residents can register for free via the business portal.

    More about Coventry Music

    To keep up to date with the latest news, sign up for the Your Coventry email newsletter or follow the Council on FacebookXYouTubeInstagramLinkedIn and TikTok.

    Published: Wednesday, 2nd July 2025

    MIL OSI United Kingdom

  • MIL-OSI Russia: Photo exhibition about charity and good deeds opened in the N.E. Bauman Garden

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    A free photo exhibition has opened in the N.E. Bauman Garden “A place for good deeds”It reminds us that charity is simple and that anyone can make it a habit if they want to.

    “In order to support someone, you don’t need to wait for a special occasion, because the best time to help is right now. This idea is the basis of our exhibition, reminding that good deeds are within the power of every person. They do not require large investments, only a little desire to make the world a little better,” said

    Ekaterina Dragunova, Chairman of the Committee for Public Relations and Youth Policy of Moscow.

    The exhibition is open until the end of July. It introduces Muscovites to simple ways to help. Among them, for example, are animal adoption exhibitions, which are regularly held in the capital. Dozens of dogs and cats from shelters find new loving families and go home.

    Whiskers, tails and paws: VDNKh to host 10th summer adoption exhibition for animals from city shelters

    Another example is charity festivals, where you can learn more about city non-profit associations, meet their representatives in person, and buy goods made by the wards of non-profit organizations (NPOs). The next charity festival “City of the Caring” will be held on July 5 and 6 in the N.E. Bauman Garden. Guests can enjoy free master classes, meetings with celebrities, film and cartoon screenings, recreation areas, and meaningful entertainment. You can find out more atevent website.

    The exhibition also tells about charity service on mos.ru. It already features 101 non-profit organizations. They help children, adults and the elderly, large families, combat veterans, as well as homeless animals, environmental, educational and scientific programs. You can support any organization or an entire category in a few clicks.

    Sergei Sobyanin: More than 30 thousand NGOs are registered in Moscow

    In addition, the exhibition will inform about the day of charity subscription, suggest where to find free excursions about the history of Moscow andMoscow patrons of the arts, will tell you what questions the “Atlas of the Philanthropist” podcast answers.

    Here you can also get acquainted with the special project “ABCs of NPO” and sign up your child for a free visit to the children’s eco-center in the KidZania Profession Park. The exhibition will inspire participation in mass sports events that are regularly held in Moscow and where you can get acquainted with the capital’s charity system, and, if desired, combine healthy habits with good deeds.

    You can find out more about how charity is organized in the capital on the project’s website and social networks “City of the caring”. It was presented in 2022 with the support of the Moscow Committee for Public Relations and Youth Policy.

    Project “Summer in Moscow”— the main event of the season. It brings together the most vibrant events of the capital. Every day, charity, cultural and sports events are held in all districts of the city, most of which are free. The Summer in Moscow project is being held for the second time, and the new season will be more eventful: new, original and colorful festivals and events will be added to the traditional ones.

    Quickly find out the main news of the capital inofficial telegram channel the city of Moscow.

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

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/156137073/

    MIL OSI Russia News

  • MIL-OSI Russia: 3D panoramas of Vorobyovy Gory have been published in the mobile application “Discover Moscow”

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    The mobile application “Discover Moscow” has appeared 3D panoramas of Vorobyovy Gory. Users will see how this area changed over several historical eras, learn what the Vorobyovsky Palace of the Russian tsars of the 18th century looked like, where the restaurant of the enterprising peasant Stepan Krynkin, popular in the city at the turn of the 19th and 20th centuries, was located, and how the main building of the Moscow State University (MSU) named after M.V. Lomonosov was erected in the mid-20th century. All this will help to imagine the various stages of the territory’s development.

    “The 3D panoramas of Vorobyovy Gory allow you to imagine how this favorite vacation spot for Muscovites and visitors to the capital looked in different eras. For example, one of the panoramas recreates the construction process of the main building of Moscow State University – users can literally witness a historical moment. To enhance the immersion effect, specialists have worked out in detail not only architectural objects, but also elements of nature: birds in flight, grass swaying in the wind. You can see all this both on site and from home, but the most vivid impressions await those who go to the observation deck of Vorobyovy Gory – breathtaking views open up here and you can feel the connection of times,” the press service said.

    Department of Information Technology of the City of Moscow.

    An information stele has been installed on the observation deck of Vorobyovy Gory, which will help you to see the 3D panorama right there. To see it, you need to scan the QR code and download the “Discover Moscow” application. After installing the application, you need to scan the QR code again, click the “View 3D panorama” button and select the period of time you are interested in. Then you can look around through your smartphone camera — historical views will come to life right on the screen.

    The panorama and key historical moments can be studied remotely – at any time and from anywhere in the country. To do this, in the “Discover Moscow” application, find the “Vorobyovy Gory: observation deck” object card, click the “View 3D panorama” button, select the era and explore the area through the screen of your device.

    Sparrow Hills: from the Middle Ages to the present day

    The picturesque Vorobyovy Gory with its panoramic views of Moscow has attracted Russian rulers for centuries. The village of Vorobyevo was mentioned in the 15th century, and in the 16th century, Prince Vasily III built a wooden palace here. Ivan the Terrible took refuge within its walls during the uprising of 1547, and later Boris Godunov and Mikhail Romanov used the residence. In 1684, Princess Sophia ordered a new palace to be built in the Moscow Baroque style.

    It was here that young Peter I became interested in artillery, which largely determined his future interests. After the capital was moved to St. Petersburg, the palace gradually fell into disrepair, and after a fire in 1812, it finally disappeared. Its foundation was discovered in 1901 during the installation of a water pipe. Today, only archival documents and old engravings remind us of the building. But you can see it in the first 3D panorama – just click the button “Vorobyevsky Palace. 18th century”.

    The second 3D panorama will introduce you to a virtual image of another Vorobyovy Gory structure — the Krynkin restaurant of the 19th–20th centuries. It was opened in 1891 by Stepan Krynkin, a native of the village of Vorobyevo. By 1904, the establishment had become a real entertainment center: gypsy choirs were heard here, illusionists performed, reindeer sleigh rides were offered in the winter, roller coasters were offered in the summer, and fireworks were displayed on New Year’s Eve. Krynkin thought through every detail: a narrow-gauge railway with a small locomotive known as the “cuckoo” was even laid for guests, and a boat service was organized. During the revolution, a reading room was built instead of the restaurant, but the building soon burned down, leaving behind only memories and quotes in classical literature.

    The third 3D panorama in the Discover Moscow app visualizes the construction of the legendary Stalinist skyscraper — the main building of Lomonosov Moscow State University. Construction began in 1947. The project was developed by leading architects, including Boris Iofan and Lev Rudnev, and the sculptural design was entrusted to Vera Mukhina’s studio. Construction proceeded at a record pace: by 1949, the frame had already reached 10 floors. Chief engineer Nikolai Nikitin created a unique 15-meter-deep floating foundation and special columns that prevented the building from subsiding in unstable soils. From its construction in 1953 until 1990, the building remained the tallest in Europe. Learn more about the history of the university and the key figures associated with its creation, development, and transformation. Thematic quiz, dedicated to the 270th anniversary of the legendary university. The new stele on Vorobyovy Gory is also part of a special project prepared by the portal “Learn Moscow” and Lomonosov Moscow State University and dedicated to the university’s anniversary.

    Today, Vorobyovy Gory is a unique historical area and a nature reserve in the very center of the capital, as well as one of the four territories of Gorky Park. More than 150 species of animals and birds, as well as about 400 species of plants, including those listed in the Red Book of Moscow, are found here. There are two ecological trails on the territory, each over one and a half kilometers long. This is one of the most picturesque places in the center of the capital, which is perfect for sports and leisurely walks in the forest.

    “Moscow Parks” is a large-scale city initiative aimed at creating comfortable, modern and multifunctional places for recreation. It unites over 50 park areas where you can learn more about culture, play sports, take a walk with the whole family and find solitude in nature. Thanks to the project, unique landscapes and ecosystems are preserved, and bike paths, workout and sports grounds, art objects, children’s playgrounds and summer cafes appear.

    “Get to Know Moscow” — a joint project of the departments of information technology, culture, cultural heritage, education and science. The interactive guide contains, for example, photographs and descriptions of more than 3.5 thousand buildings, monuments, historical sites, over 290 walking routes and information about more than 330 historical figures. Users also have access to mobile application “Get to know Moscow.”

    The creation, development and operation of the e-government infrastructure, including the provision of mass socially significant services, as well as other services in electronic form, correspond to the objectives of the national project “Data Economy and Digital Transformation of the State” and the regional project of the city of Moscow “Digital Public Administration”.

    Get the latest news quickly official telegram channel the city of Moscow.

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

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/156158073/

    MIL OSI Russia News

  • MIL-OSI Economics: 1 July 2025 Sakhalin Region to appear at EEF Far East Street as Asia-Pacific energy and logistics hub Sakhalin Region will again participate in the Far East Street exhibition, scheduled to take place on 3–9 September as part of the 2025 Eastern Economic Forum in Vladivostok. The exhibition is being organized by the Roscongress Foundation with the support of the Office of the Presidential Plenipotentiary Envoy to the Far Eastern Federal District. The country’s only island region will present major investment and social projects, share its unique history and culture, and touch on the development of unmanned aviation.

    Source: Eastern Economic Forum

    1 July 2025

    Sakhalin Region to appear at EEF Far East Street as Asia-Pacific energy and logistics hub

    Sakhalin Region will again participate in the Far East Street exhibition, scheduled to take place on 3–9 September as part of the 2025 Eastern Economic Forum in Vladivostok. The exhibition is being organized by the Roscongress Foundation with the support of the Office of the Presidential Plenipotentiary Envoy to the Far Eastern Federal District. The country’s only island region will present major investment and social projects, share its unique history and culture, and touch on the development of unmanned aviation.

    “Sakhalin Region is one of the Far East’s investment leaders. It ranks fourth on the National Investment Climate Rating and first out of the constituent entities of the Far Eastern Federal District. The manufacturing, coal, and construction industries are all growing. Awaiting entrepreneurs are TAD and free port benefits and preferential treatment in the Kurils. Science and technology are booming in the region. The President has ordered that an international campus be created. An engineering school and electrical engineering laboratory are currently in operation, the first phase of the Oil and Gas Industrial Park has been launched, and a scientific and production centre for the development of unmanned systems established, all contributing to new production facilities, new talent, and train for a new generation of specialists. The local master plan is reinventing Yuzhno-Sakhalinsk. There’s no denying there is much to showcase and be proud of in the region,” Deputy Prime Minister of the Russian Federation and Plenipotentiary Presidential Envoy to the Far Eastern Federal District Yury Trutnev said.

    The Sakhalin Region’s main pavilion on Far East Street, located next to the investor pavilion in the shape of a scallop shell, will take the form of waves and be decorated with installations related to logistics: a hydrogen train, a UAV, an aircraft, and the port of Korsakov.

    “The EEF has long played an important role in Sakhalin Region’s economic development. We have signed more than 60 agreements here in the past five years, good for some 5,700 jobs, and launched important projects in energy, transport, and education, modernizing the power grid, developing hydrogen energy, spreading gas throughout the region, modernizing port infrastructure, building medical clinics, and developing science as part of the construction of the SakhalinTech campus. It is important to us that Sakhalin and the Kuril Islands become more comfortable and that people want to visit and live here, a goal we will continue to pursue in the future,” Governor of the Sakhalin Region Valery Limarenko said.

    Inside the pavilion, there will be an installation dedicated to the 80th anniversary of Victory in the Great Patriotic War, with the exhibition ‘Roads to Victory’ telling the story of the Battle of Sakhalin and the Landing on Shumshu and a film about the expedition to the island and videos reconstructing battles in the Kholmsky and Smirnykhovsky.

    “The President of the Russian Federation has tasked us with creating a memorial complex on Shumshu, one the islands of the Kuril chain, dedicated to the Kuril landing operation, which essentially marked the end of World War II and the defeat of the Kwantung Army. Our soldiers defeated superior forces, demonstrated outstanding heroism, parachuted into the water fully equipped, and attacked tanks and firing points located on high ground. It is one of the most significant pages in our history,” Trutnev said.

    The Tourism zone will feature new historical tours like ‘The Battle of Shumshu’ and ‘The Liberation of Southern Sakhalin’, winter and summer holidays, culinary tours, and the ‘Far East – Land of Adventure’ project.

    The Sakhalin – Russian Showcase zone will feature important projects like the agglomeration master plan and regional development in medicine, science and education, logistics, culture, and the urban environment.

    Another zone has been dedicated to the results of the Sakhalin Region Development Corporation’s work over the last decade and will use multimedia technologies, among others, to report on initiatives by the Mersi Agro Sakhalin livestock complex, the Horizon residential complex, the Uyun territory development project, the agro-park, and the oil service park.

    The UAV and USV zone will showcase the island’s efforts to lead the development of unmanned systems in Russia, with a separate exhibition promoting Sakhalin’s achievements in the field.

    There are plans to host three international forums in Sakhalin Region in 2025: ‘Wings of Sakhalin’, ‘Energy of Sakhalin’, and ‘Islands of Sustainable Development: Climate’ at the new Pushisty Drone Port. The Sakhalin Expo exhibition will be dedicated to the development of congress and exhibition activities in the region.

    The main pavilion will be located next to the ‘Made in Sakhalin’ stand, which will showcase regional clothing, jewellery, souvenir, food, and health brands as well as achievements in the film industry and computer graphics. The pavilion will incorporate works by Sakhalin photographers and musicians into its design and feature a variety of murals, including an image of the Aniva lighthouse, the unofficial symbol of the region.

    The art installation ‘Happy Motherhood’ will symbolize family values in honour of 2025 as the Year of Happy Motherhood on the islands and the focus of the regional government’s social policy on demographic issues and the conditions necessary for women to be mothers without having to sacrifice their careers or their families.

    This year’s cultural programme from the Sakhalin Region will seek to promote local authors and musicians, with songs by Sakhalin composer and poet Georgy Zobov to be performed by artists from the Stage Academy and accompanied by the Aritmia dance studio and Dreambox band. Guests can look forward to performances by the duo Vishnya, who will present a combination of electronic music, songs, and ethnic music, the Larisa Dolina Academy of Pop Music ensemble, which will perform cover versions of well-known Russian hits, and stilt walkers from the 2233 theatre studio.

    A regional delegation will present a series of unique performances entitled ‘Sea Meditation’. Over the course of three days, Sakhalin artist Konstantin Kolupaev will employ his own unique technique to create paintings dedicated to the beauty and power of nature on a huge canvas as viewers observe the master at work.

    The Sakhalin Region sports programme will feature an interactive VR platform, where visitors can try their hand at downhill skiing, ski jumping, or parachuting, and the Beat the Champion chess platform.

    The Eastern Economic Forum will be held on the campus of the Far Eastern Federal University in Vladivostok from 3–6 September, during which time the Far East Street exhibition will be open to Forum participants, before opening to the general public on 7, 8, and 9 September. The Eastern Economic Forum is being organized by the Roscongress Foundation.

    Read more

    MIL OSI Economics

  • MIL-OSI Africa: Hlabisa to present CoGTA Budget Vote to NCOP

    Source: South Africa News Agency

    The Minister of Cooperative Governance and Traditional Affairs (CoGTA), Velenkosini Hlabisa, will officially present Budget Vote 3 for the department before the National Council of Provinces (NCOP). 

    The budget will be delivered on Wednesday at 2 pm, under the theme “Every Municipality Must Work.”

    The Minister will be joined by Deputy Minister of CoGTA, Dr Namane Dickson Masemola.

    The budget presentation and engagement forms part of Parliament’s oversight function, providing a platform to transparently present the department’s financial allocations and strategic direction for the 2025/26 financial year.

    According to the department, the budget vote presentation will provide detail key areas of expenditure, offering a comprehensive breakdown of how the department’s resources will be allocated to drive impactful governance. 

    Central to the presentation will be CoGTA’s commitment to addressing critical challenges within local government, including capacity building, governance improvement, and enhanced service delivery mechanisms.

    Hlabisa is also expected to highlight strategic priorities aimed at strengthening the functionality of municipalities nationwide. 

    These include strengthening financial management practices, addressing infrastructure backlogs, and improving intergovernmental relations to create a cohesive framework for sustainable development. 

    “The Minister will also outline the department’s targeted interventions to promote accountability, innovation, and ensure municipalities are well-equipped to meet the evolving needs of communities.” 

    In line with the theme, the presentation will emphasise the importance of collaborative efforts between all spheres of government to achieve integrated development.

    Members of the public may follow proceedings live on Parliament TV (DStv channel 408), or via live stream on the department and Parliament’s YouTube channels, Facebook, and Twitter pages. – SAnews.gov.za
     

    MIL OSI Africa

  • Japan PM says determined to protect national interests amid tariff stalemate

    Source: Government of India

    Source: Government of India (4)

    Japanese Prime Minister Shigeru Ishiba said on Wednesday he was determined to protect his country’s national interests as trade negotiations with the U.S. struggled and President Donald Trump threatened even higher tariff rates on the Asian ally.

    “Japan is different from other countries as we are the largest investor in the United States, creating jobs,” Ishiba said in a public debate with opposition party leaders.

    “With our basic focus being on investment rather than tariffs, we’ll continue to protect our national interest,” he said.

    Trump on Tuesday cast doubt on a possible deal with Japan, indicating that he could impose a tariff of 30% or 35% on imports from Japan – well above the 24% rate he announced on April 2 and then paused until July 9.

    Japanese broadcaster TV Asahi reported on Wednesday that Japan’s tariff negotiator Ryosei Akazawa was organising his eighth visit to the United States for trade talks as early as this weekend.

    (Reuters)

  • MIL-OSI Russia: Film screenings, exhibitions and concerts await Muscovites on Family, Love and Fidelity Day

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    More than 50 cultural venues in Moscow have prepared a special program in honor of Family, Love, and Fidelity Day. From July 5 to 13, there will be performances, sports competitions, film screenings, creative workshops, and other activities. This was reported by Natalia Sergunina, Deputy Mayor of Moscow.

    “In total, there will be over 350 events for children and adults. Among them are quests and competitions, performances by musical and theatrical groups, excursions, a charity fair and literary evenings,” noted Natalia Sergunina.

    From concerts to a charity fair

    A varied program has been prepared at the Tsaritsyno Museum-Reserve. From July 5 to 8, there will be concerts, interactive meetings, master classes, film screenings, the exhibition “Family is the Soul of Russia” and much more.

    On July 5, the State Darwin Museum invites you to join games dedicated to families in the animal world and an educational walk along a blooming eco-trail. An open-mic concert will be held on the roof of the museum.

    On the same day, the Kuskovo estate will organize a workshop “Family Dialogue: How to Hear and Understand Each Other,” as well as a musical and poetic program that will include works by different authors and eras.

    On July 5 and 6, the N.E. Bauman Garden invites you to the festival “City of the Caring”. Everyone will be able to participate in master classes, take pictures in decorated photo zones and visit a charity fair.

    Literary quiz, fashion show and creative activities

    On July 8, Gogol’s House will host a virtual tour dedicated to the history of the ancient city of Murom. It is with this city that the lives of Peter and Fevronia are connected – the saints whose day of remembrance falls on this date.

    The Peresvet House of Culture will host a literary quiz. Participants will answer questions about the Rostov, Oblomov, and Larin dynasties and talk about the family values of the heroes of Russian classics.

    Free screenings will be held in Moskino cinemas. For example, you can watch the animated film “The Tale of Peter and Fevronia”.

    The branch of the Father Frost estate in the Mitino landscape park invites young Muscovites to robotics classes. The children will assemble and program their mechanical friend. And creative enthusiasts will take part in master classes on creating original crafts.

    The Cosmonautics Museum invites guests to drawing lessons called “ISS: My Space Family.” Everyone will be able to depict their relatives and friends as space tourists.

    A classical music concert will be held at the Alexander Solzhenitsyn House of Russian Abroad on July 10. Romances, ballads and other works by famous Russian and foreign composers will be performed.

    On July 12, Fili Park will offer lectures, beaded souvenirs, and aromatic sachets. The most exciting event will be a soap bubble show for young guests.

    On July 13, the Hermitage Garden will host folklore performances and a fashion show by contemporary designers who work with traditional national images. Anyone interested will be able to join master classes in clay modeling, floristry, and wood carving.

    You can find out the schedule of events and visiting conditions on the websites of the institutions.

    Get the latest news quicklyofficial telegram channel the city of Moscow.

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

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/156146073/

    MIL OSI Russia News

  • MIL-OSI Russia: From Idea to Exhibition: Moscow to Host Educational Course for Artists

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    Agency for Creative Industries capital Department of Culture opens a free practice-oriented course for artists and students of specialized universities “Art. Practicum”. Anyone can join nine classes, where industry experts will teach students how to design a creative portfolio, submit applications to Russian and foreign exhibitions and fairs, and also correctly present the idea of their project.

    The lectures will be held both online and in person from July 8 to August 15 at the Moscow Workshops creative center. It opened in May of this year in the Sofia Meeting Place district center.

    Participants will learn how to turn creative ideas into compelling proposals and presentations for potential exhibition curators, organizations, and foundations. The lectures will cover how to correctly describe the concept of a work, justify the budget, present visual materials, and adapt the project to the requirements of the venues. Listeners will also learn about key strategies for building a professional reputation in the digital space, how to design a portfolio and a website with artists’ works. You can apply for participation at website Moscow creative industries agencies.

    “We decided to make this stream of the Art. Workshop course accessible to a wide audience: it will be interesting and useful for both beginning artists and those who have been in the art industry for a long time. The course gives participants not only the opportunity to acquire relevant knowledge and tools for promoting their work, but also a chance to become part of the artistic community, establish valuable professional contacts and receive feedback on their project from industry professionals,” said Gulnara Agamova, head of the Agency for Creative Industries.

    The partner of the course “Art. Practicum” is the Moscow School of Contemporary Art, which trains specialists for the local and global art scene – artists, curators, gallery owners, PR specialists in the field of culture, art managers. The technological partner will be the Russian digital platform Nethouse, whose experts will conduct a master class on creating portfolio websites.

    Course program

    On July 8, at a lecture by Zhanna Bobrakova (Moscow School of Contemporary Art), listeners will learn how to correctly identify the key theme of a project, explain its artistic significance and correlate it with the requirements of curators of potential exhibitions.

    On July 15, together with Alexey Mandych (Moscow School of Contemporary Art), participants will master methods of searching for relevant materials and sources for inspiration, as well as their integration into the concept of their project.

    On July 16, Vladimir Opredelenov (Deputy Director of the A.S. Pushkin State Museum of Fine Arts and Head of the Department of IT in Culture at the National Research University Higher School of Economics) will reveal key strategies for forming and maintaining a professional reputation in the digital space.

    On July 22, Anastasia Khaustova (Spectate digital magazine) will teach listeners how to formulate the essence of a project in a short but expressive text for an application for participation in exhibitions.

    On July 24, under the guidance of Andrey Ermak (Nethouse), artists will learn about existing website trends, requirements for a modern portfolio website, and get acquainted with the stages of its creation using the Nethouse constructor as an example.

    On July 29, Mikhail Levin (Moscow School of Contemporary Art) will tell you how to find a visual solution, adapt an idea to a specific site, take into account important technical parameters, and will also introduce you to the basic principles of budgeting.

    On July 31, again with Andrey Yermak (Nethouse), participants will analyze the main mistakes in creating portfolio sites and key elements necessary for artists. In addition, they will study the mechanisms of promoting authors in the digital environment.

    On August 1, Lada Pozdeeva will talk about how artists can enter international markets in Asia. The lecture will share key directions and visual trends presented at the Art Basel Hong Kong and Art SG exhibitions.

    On August 15, residents and guests of the Moscow Workshops creative center will demonstrate practical and theoretical skills acquired during the course, and will also receive recommendations on how to refine their projects from industry experts.

    Thanks to the Agency for Creative Industries, favorable conditions are created in the capital for the development of representatives of various fields, such as cinema, fashion, design, contemporary art, video games, music and publishing. In addition, the Agency for Creative Industries promotes products on international markets and forms a positive image of the capital as an international center of creative industries.

    Get the latest news quicklyofficial telegram channel the city of Moscow.

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

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/156153073/

    MIL OSI Russia News

  • MIL-OSI: Bitget Wallet Expands Fomo Thursdays With 10-Fold More Winners and Doubled Win Rate

    Source: GlobeNewswire (MIL-OSI)

    SAN SALVADOR, El Salvador, July 02, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, the leading non-custodial crypto wallet, has launched the third round of its Fomo Thursdays series, expanding the prize pool and participant slots in response to heightened demand.

    The previous edition saw 20,000 slots claimed in under one hour, with over 2,000 winners. This week, Bitget Wallet has increased the number of participant slots to 100,000 and winner slots to 20,000, representing a 10-fold increase in winners and a doubled win rate of 20%. The prize pool has grown accordingly, with more than 24 million AB tokens allocated.

    “Fomo Thursdays continues to gain traction as a low-friction entry point for users to explore new tokens,” said Jamie Elkaleh, CMO of Bitget Wallet. “With expanded rewards, higher odds, and growing user interest, this week’s event marks another step toward making token launches more accessible.”

    Fomo Thursdays is a weekly token distribution program designed to simplify user participation in early-stage token launches. Each round follows a uniform format: users stake $10 USDT for a chance to receive randomized token allocations. The model removes traditional entry barriers such as trading requirements or point systems and returns all staked funds after the event, minimizing user risk. Token claims and refunds are processed via on-chain smart contracts.

    This week’s featured project is AB Token, a blockchain infrastructure protocol focused on bringing real-world assets (RWA) on-chain. Originally launched as the Newton Project in 2018, AB has evolved into a multichain ecosystem that connects traditional financial assets with blockchain-based applications. It comprises two layers: AB IoT, designed for IoT and DePIN applications, and AB-Core, an EVM-compatible chain supporting DeFi, GameFi, and RWA protocols.

    The AB rewards will be distributed via BNB Chain. Top prizes include three rewards worth $888 each and twenty second-place prizes worth $188 each, both in AB token equivalent. Participants can stake from July 2 at 13:00 to July 3 at 13:00 (UTC). Token distribution and USDT refunds will begin on July 3 at 14:00 (UTC), with all rewards delivered gas-free via Bitget Wallet.

    For more information, visit the Bitget Wallet official channels.

    About Bitget Wallet
    Bitget Wallet is a non-custodial crypto wallet designed to make crypto simple and secure for everyone. With over 80 million users, it brings together a full suite of crypto services, including swaps, market insights, staking, rewards, DApp exploration, and payment solutions. Supporting 130+ blockchains and millions of tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges. Backed by a $300+ million user protection fund, it ensures the highest level of security for users’ assets. Its vision is Crypto for Everyone — to make crypto simpler, safer, and part of everyday life for a billion people.
    For more information, visit: X | Telegram | Instagram | YouTube | LinkedIn | TikTok | Discord | Facebook
    For media inquiries, contact media.web3@bitget.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0ab0d454-90c2-4a0a-b639-2cc0f449ebf5

    The MIL Network

  • Wimbledon: Sinner remains ice cool as Gauff, Pegula and Zverev join bonfire of seeds

    Source: Government of India

    Source: Government of India (4)

    World number one Jannik Sinner stayed ice cool to move serenely into the Wimbledon second round but it was a second successive day of upsets at a sizzling All England Club as a succession of seeded players crashed and burned on Tuesday.

    American second seed Coco Gauff, chasing a French Open-Wimbledon double after her Paris triumph, was the day’s most surprising casualty, losing 7-6(3) 6-1 to Ukraine’s Dayana Yastremska as the sun set on a sultry day.

    Gauff’s compatriot Taylor Fritz, the world number five, survived a five-set firefight by the skin of his teeth against big-serving Frenchman Giovanni Mpetshi Perricard.

    But the same could not be said of 13 of the men’s seeds who fell at the first hurdle – a Wimbledon record since 32 seeds were introduced in 2001.

    Nine seeds also perished in the women’s first round while the eight top-10 seeds to go out across both singles draws amounted to the highest at a Grand Slam in the professional era.

    Germany’s Alexander Zverev was the most notable men’s casualty, the third seed losing 7-6(3) 6-7(8) 6-3 6-7(5) 6-4 to France’s Arthur Rinderknech in a marathon duel that began on Monday and was locked at one set apiece overnight.

    “I’m not sure he’s ever played a match like that in his life,” said Zverev, who is still chasing a first Grand Slam title after 38 attempts.

    Italian Lorenzo Musetti, seeded seventh, was bundled out on Court Two by Nikoloz Basilashvili – the same court where earlier American women’s third seed Jessica Pegula was sent packing 6-2 6-3 by Italian Elisabetta Cocciaretto.

    A red-hot Sinner never looked like joining the exodus as he beat fellow Italian and close friend Luca Nardi 6-4 6-3 6-0 in a victorious return to the Grand Slam stage after his epic French Open final defeat by Carlos Alcaraz last month.

    “I tried to put the friendship away for a couple of hours,” Sinner, who conceded only four points when he landed his first serve, told reporters.

    Novak Djokovic closed out the day’s action on the main showcourt by getting past Frenchman Alexandre Muller 6-1 6-7(7) 6-2 6-2 despite being hampered by a stomach bug midway through his match. He will face Briton Dan Evans next.

    After seven British players won singles matches on Monday – a professional era record at Wimbledon – home fans had more to cheer on Tuesday as fourth seed Jack Draper, his nation’s big hope, avoided any dramas by easing past Argentina’s Sebastian Baez who retired hurt trailing 6-2 6-2 2-1.

    In total, 10 British players have reached round two.

    KREJCIKOVA TESTED

    Women’s defending champion Barbora Krejcikova was tested by promising 20-year-old Filipina Alexandra Eala but after a slow start she found her form to win 3-6 6-2 6-1 on her return to Centre Court after last year’s surprise triumph.

    “I mean, what the hell (kind of tennis) she played in the first set?” said Krejcikova, praising her opponent.

    “She was smashing the ball and cleaning the lines, so wow, wow. She’s going to be really good in a couple of years.”

    Five-times Grand Slam champion Iga Swiatek, seeded eight, has yet to conquer Wimbledon but showed positive signs when she beat Polina Kudermetova 7-5 6-1 while Russian teenager Mirra Andreeva advanced after a 6-3 6-3 victory over Mayar Sherif.

    Both might have expected Gauff to be a major obstacle but the world number two subsided against Yastremska.

    “I feel like mentally I was a little bit overwhelmed with everything that came afterwards,” Gauff said about the spell following her Paris triumph last month.

    “I didn’t feel I had enough time to celebrate and also get back into it.”

    The women’s draw is now without three of its top five seeds after number five Zheng Qinwen of China, the Olympic champion, suffered a third successive Wimbledon first-round defeat, beaten 7-5 4-6 6-1 by Czech doubles specialist Katerina Siniakova.

    “I believe if I get through the first match, I will start to play better and better (on grass),” Zheng said. “The problem is the first match for me is complicated.”

    Many will lament the exit of Wimbledon dark horse Alexander Bublik, seeded 28th. The Kazakh showman is guaranteed entertainment with his array of trick shots but he was unable to avoid the exit door, as he was dragged into battle by Spaniard Jaume Munar and beaten 6-4 3-6 4-6 7-6(5) 6-2.

    Late in the day yet another seed fell when Frenchman Ugo Umbert was beaten by veteran countryman Gael Monfils, again defying his 38 years to edge a five-setter.

    American Fritz survived, though, letting out a huge roar as he beat Perricard 6-7(6) 6-7(8) 6-4 7-6(6) 6-4 in a match carried forward from Monday. Perricard’s consolation for losing the cliffhanger was a 153 mph serve – a Wimbledon record.

    Tommy Paul took out Briton Johannus Monday with little fuss, the 13th seed cruising through 6-4 6-4 6-2, but it was the end of the road for fellow American and 30th seed Alex Michelsen who fell 6-2 3-6 6-3 3-6 7-6(6) to Serbia’s Miomir Kecmanovic.

    Zeynep Sonmez became the first Turkish woman to reach the second round at the grasscourt Grand Slam when she battled past Romania’s Jaqueline Cristian 7-6(3) 6-3.

    Victoria Mboko found out a few hours before she faced Magdalena Frech that she had entered the main draw as a Lucky Loser due to Anastasia Potapova’s withdrawal and the Canadian teenager rode her luck to stun the 25th seed 6-3 6-2.

    Fourteen years after first adding her name to the Wimbledon honours board, twice champion Petra Kvitova performed her last dance on the lawns, the Czech losing 6-3 6-1 to American 10th seed Emma Navarro.

    (Reuters)

  • MIL-OSI Economics: Sanjay Malhotra: Convocation address – Indian Institute of Technology

    Source: Bank for International Settlements

    Chairman of the Board of Governors, Director of the Institute, Prof and Padma Shree Manindra Agrawal, winner of numerous awards, who was my senior here and who I hold in very high esteem, faculty members, staff, proud parents, family and friends of the graduating students, distinguished guests, and my dear graduating students, alumni, ladies and gentlemen.

    Today marks the culmination of an exciting chapter for the graduating students, where you have not only learnt new things – academic and extra-curricular – but have also had an enjoyable and memorable experience. I extend a very warm congratulations to all the graduating students. Please give yourselves a huge round of applause.

    To the parents and guardians, this moment belongs as much to you as it does to your children and wards. Your innumerable sacrifices, continuous support, unconditional love and unwavering encouragement have laid the foundation upon which these young achievers now stand. I know this is an emotional and proud moment for you. I have myself experienced these emotions when my sons graduated – one from IIT Bombay and the other from IIT Guwahati. My warmest congratulations to you as your ward steps into a new chapter in life.

    Dear graduates, it is a special day for you as you enter a new and exciting phase of life. It is an equally special day for me and doubly so. First, this institute has had a transformational impact on me, my life and my thoughts. I remember with nostalgia my years at IIT. I still vividly remember my first day at IIT when my mother came to drop me with another batchmate. I recollect my days at Hall III and then Hall I, the healthy rivalry between Hall II and Hall III, phatta cricket, bulla, the various celebrations at Red Rose Restaurant on the campus and Chung Fa restaurant in the city, movies at L7, DEC 10 of which we were so proud, the iconic library, Culfest and the many friends that I made and treasure till date. The steel trunk which carried my belongings to IIT and which my loving wife has preserved till date is still with me. I still have my Wilson tennis racket, with which I religiously played every evening at the clay courts on campus. IITK has a special place in my heart. This convocation ceremony is even more special as I did not attend our convocation ceremony; in fact, we did not have a proper convocation ceremony, perhaps the only batch not to have it. So, it’s an honour to be back here after thirty-six long years in a new and privileged role and be a part of the convocation ceremony today. Thank you, IIT, for this honour.

    Times have changed a lot since I graduated. But there are certainly lessons which endure time. As a fellow-alumnus, roll number 85213, who has experienced life after campus, I will speak about four learnings from my journey.

    Learning for Life

    Many of you would have got your dream jobs. Others, who plan to pursue further studies, would get them soon. With a degree from a prestigious institute and a good job in hand, please don’t think that you have arrived. The moment you think you have arrived, you will stagnate. The moment you believe you know everything, you will stop growing.

    This is just the beginning, only the first step. The degree has only laid a solid foundation and will take you thus far. You will need to build from here. You will need to learn when you change sectors, move across organisations within a sector, take up different roles within an organization and even within the same role in an organisation. Technology is advancing at a lightning speed. What you learnt yesterday would be outdated tomorrow as new ideas and tools emerge daily.

    I can assure you that the institute has prepared you well for your life ahead. It has not only imparted you with knowledge which will be of immense use but, more importantly, equipped you with the most important tool – the tool of self-learning.

    Like other IAS officers, I worked in diverse fields like urban management, land resources, industries, power, health, taxation, banking, finance, etc. Many of them were general management but many were highly technical and specialized, which had a steep learning curve. The IITK emphasis on basic sciences and core engineering subjects, its importance to the fundamentals of a subject, its priority to deriving the formulae rather than merely memorizing and applying them, its attention to problem-solving from first principles, and various other methods of problem solving have held me in good stead. IIT gave me the necessary tools for self-learning. I am sure it has given you too the same tools.

    So, continue your quest for knowledge. Remember that learning is for life. The moment one is not learning, it is a signal that one is not growing; one is not advancing. It is knowledge which will keep you ahead of others. Its importance cannot be over-emphasized. I urge you all, as Stephen Covey said, to continuously sharpen your saw and cut the grass under your feet.

    Question the status quo

    My second learning pertains to the period between 2003 and 2006, when I was working in the United Nations. I was managing a project to improve productivity in the hand tools clusters in India. We hired a Total Quality Management expert for some of our interventions. He had long and diverse experience across organisations.

    He challenged the forging units there to reduce the time taken in changing a die from about eight hours to less than an hour. All of them including the most advanced, productive and efficient forging units vehemently denied the possibility of reducing the time. When he failed after many days of trying to convince them to improve, he suggested some changes including installation of a video camera. This was tried in a unit. These small changes reduced the time to five hours. When asked, the supervisor, apart from other things, explained that the work started on time, as scheduled; no one was late; no one took an unscheduled tea break; all required equipment were pre-arranged and kept ready for use; there was no wastage of time. The small changes and videography did the trick as everyone was being watched. What followed was a series of improvements or what are called kaizens, not only in the exchange of dies, but also various other processes – forging, grinding, electroplating, packaging, etc, as every process was questioned. We ended up reducing costs by about 10%.

    I learnt to question the status quo. I learnt that there is always scope for improvement. This helped me improve efficiency in various organisations and departments that I worked in. It helped in reducing processing time of files. I reduced turnaround times for applications. It helped me make changes in laws, rules and procedures for the benefit of citizens and government alike, as I questioned the status quo.

    As Albert Einstein famously said, “The important thing is not to stop questioning.” When you question the status quo and ask questions, you open the door to new ideas and fresh perspectives. It is fuel for innovation; it drives you to explore, experiment, and create something better. So, no matter where you are in life or your career, never stop questioning the status quo and improving.

    Pursue virtuous Karma

    The third learning pertains to my tenure as Secretary, Department of Personnel in the Government of Rajasthan in 2007-08. Promotions from the state civil service to the IAS were plagued with disputes and court cases. For almost about 20 years, no one was promoted to the IAS. My predecessors did not take up this issue as they thought it would be an exercise in futility as some aggrieved officer will approach the doors of the judiciary. When I was given responsibility for this department, I took up the gauntlet. I studied all the disputes and judicial pronouncements meticulously; decided on claims of seniority and promotion, without fear or favour; finalized and published the seniority lists; and after spending months on this mammoth exercise, sent the proposals to UPSC for promotion. Just when we were about to convene the meeting for promotion, one officer again approached the court and got a stay. Months of my hard work was brought to nought. Even though many officers commended me for the hard work and getting the matter so close to finalization, I was disappointed.

    I had to leave for Princeton for my masters within a few days and could not pursue the case in the courts. After I returned, I was put in a different department. In a few years, the court lifted the stay. I was asked if I would be interested in giving finishing touches to the work I had initiated. Once bitten, twice shy, I did not take up the challenge this time. The work was completed by another officer. In recognition of his efforts, he was conferred with the state award for civil service.

    I realized I did not follow my karma as I feared failure. I realized I needed to follow my karma boldly and decisively without bothering about the results.

    Without going in to details of my journey thereafter, today, as I look back, I can confidently say that it is karma that largely determines outcomes and results. It is the path that one chooses that broadly determines the destination. Today, I appreciate how true Steve Jobs was when he said, “You can’t connect the dots looking forward; you can only connect them looking backward.” Right now, you may not fully grasp how your karma – each late-night lab session, each frustrating bug, and each decision that you take – will impact your journey. You may not appreciate, how delayed gratification, the hallmark of all great leaders, will deliver bigger success over the longer term for the instant rewards foregone. But trust me, over time, the dots will connect and it will be in large measure due to your karma.

    Trust

    My last learning is from the student days in IIT, when we were always short of money and under debt. Food at the mess was as good as it can be. We relied heavily on the hostel canteen. A samosa at that time costed 35 paise and a bottle of Thums Up 2 rupees and 25 paise. The canteen was managed by a person called Lala. Lala was loved by everyone. He would serve us till late in night and very generously gave us credit. Even outside hostel, we got credit from the juice vendor, the shops in Shopping Centre, etc. This may not be surprising. Lala knew us, recognizing us as hostelers. Other vendors too recognized us as students from the campus. What was surprising though was that we got credit even from some shopkeepers in Kanpur, who did not know us at all. Why did these shopkeepers give credit to us? It is because of their trust in the IIT students.

    It is because people do business with people they trust. Trust is the foundation on which any relationship is built, whether it is marriage, friendship, or at workplace – between the CEO and the employees, or between a company and its consumers.

    It is trust in a person that makes him a leader; it is trust which makes people follow a leader. Integrity and ethics are paramount to develop trust. It is not easy to gain trust. To earn trust, a leader must have the courage to take difficult decisions. He must act in the interest of the employees and other stakeholders. He must be willing to accept responsibility. He must lead by example. He must possess the humility to learn from his mistakes. He must be just, transparent and respectful. Trust takes time to build. But it is easy to lose trust. To be a successful person, a successful leader, graduating students, try to gain trust and having gained it, preserve trust.

    Your time to shine

    To conclude, dear graduating students, as you leave this campus today, have confidence in yourself. Dream big, but more importantly, act on those dreams. Make IIT Kanpur proud. Make your parents proud. Make India proud. But most importantly, make yourselves proud – proud by living lives of character, ethics and humility; lives filled with purpose, service and impact. As you step into tomorrow, carry with you the spirit of this institution, carry with you the love of your families, and carry with you the dreams of a billion Indians who believe in your potential.

    Your journey of transformation began here at IIT Kanpur. Now, transform the world as leaders who are trustworthy; who continue learning for life; who question the status quo and who pursue virtuous karma.

    May God bless you with all the very best in your journey ahead.

    Thank you.

    Jai Hind.

    MIL OSI Economics