Category: Entertainment

  • MIL-OSI Russia: Demonstration performances of service dogs to be held in Tsaritsyn

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    On Cynologist Day, June 21, a festival will be held in the cynological park on Timurovskaya Street (building 5) “A dog is a friend in the service of the Fatherland”. It will bring together professional dog handlers, rescue dogs and pet owners. Starts at 11:00.

    Representatives of canine services of law enforcement agencies, leading training centers, search and rescue teams and social projects in which dogs have become true partners and heroes will gather at the site in Tsaritsyno. The meeting is part of the “Friend, Rescuer, Defender” series of events of the “Pets in Moscow” and “Summer in Moscow” projects.

    Elite of service dog breeding

    Visitors will see demonstration performances by four-legged dogs assisting specialists from various departments, including the Canine Service Center of the Main Directorate of the Ministry of Internal Affairs for the city of Moscow, the Federal Customs Service of Russia, the Russian National Guard, and Emergency Rescue Squad No. 6 of the Moscow Fire and Rescue Center.

    You can also see dogs from the legendary school of service dog breeding – the “Red Star” kennel. It is rightfully considered the pride of the country. During the Great Patriotic War, more than 16 thousand handlers were trained here and 33 thousand dogs were trained, which were sent to the front line as part of regiments and battalions. The four-legged ones searched for mines, destroyed enemy equipment, pulled the wounded from the battlefield and served as messengers. Now the kennel continues to train the best service dogs of the country.

    Visitors will see how the service’s tailed employees instantly carry out the dog handler’s commands, find the necessary items in a matter of seconds, and demonstrate iron restraint even in the presence of loud music among a large number of people.

    Faithful friend and helper

    A special part of the program is a demonstration of service dogs. Such animals connect a person with the outside world. The Center for the Development of Mobility, Inclusion, Rehabilitation and Activity of People with Disabilities “MIRA” will show unique pairs – mentors with disabilities and their faithful dogs. Dogs not only help their owners in everyday life, but also perform in sports competitions and even participate in dance shows together with people.

    Detective dogs

    The dogs of the LizaAlert search team will demonstrate their skills. They have participated in the most difficult operations to find missing people and know how to not be distracted by noise, remember complex smells, walk tens of kilometers, and navigate the city and the countryside.

    The team’s specialists will tell you how to join the ranks of volunteers, which breeds are best suited for search work, what skills dogs are taught, and how to supervise the work of a four-legged partner. In addition, at the meeting you can learn more about the important mission of saving human lives.

    A program for the whole family

    Guests of the canine park will be able to visit the veterinary mobile and receive advice from a veterinarian on the health of pets, their proper nutrition, vaccinations and prevention. There will be a platform where you can use the services of professional groomers. Cynologists will explain to everyone who wants to where to start training, how to properly communicate with a dog in everyday life and what to do if a tailed friend stubbornly does not follow commands.

    Thematic activities have been prepared for children. Games, master classes, competitions, quizzes and unusual photo zones await the children.

    “Tailed starts” are organized within the framework of the project “Summer in Moscow”Sergei Sobyanin: Full-fledged canine parks will be created in Moscow

    “Pets in Moscow”— a project of the “My District” program, within the framework of which modern dog walking areas are being created in the capital. Today, there are already 79 such spaces in the city, including two dog parks. They are suitable not only for free walks with pets and their effective training, but also for large dog competitions and exhibitions.

    “My area”— a comprehensive program of the Mayor of Moscow for the development of the urban environment. Its goal is to create comfortable living conditions in all areas of the capital. Important components are the arrangement of convenient courtyards, parks and modern social infrastructure facilities near houses.

    Cycle of events “Friend, savior, protector” covers more than 200 meetings for communication between professional dog handlers, veterinarians, groomers, zoopsychologists with dog owners and those who are just planning to get a four-legged friend. The cycle is aimed at popularizing a responsible attitude towards animals and increasing the level of knowledge of city residents about the maintenance, upbringing and role of dogs in society.

    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.

    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/155375073/

    MIL OSI Russia News

  • MIL-OSI Russia: Muscovites and city guests are invited to an immersive open-air museum

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    From June 21 to 24, the Red Square will be open immersive museum in the open air. The large-scale exhibition is dedicated to the 80th anniversary of the Victory Parade.

    The museum will tell about the events of the Great Patriotic War. Several thematic zones are envisaged, including “Moscow Meets Victory”, the Victory Train “We Are from Berlin”, the Park of the Victors, and a theater stage. For the first time, the historical Fountain of the Victors will be recreated on the museum site, which will take you back to the distant June of 1945. The appearance of the structure will be the same as it was 80 years ago.

    “The exhibition will occupy more than 16 thousand square meters. Residents and guests of the capital will be shown how Moscow greeted the victors and celebrated the Victory. The museum will also introduce many historical facts. A unique part of the exhibition will be a copy of the historical fountain of the Victors. Such patriotic events are important for every person, they cultivate both a sense of love for the Motherland and respect for its history and culture,” shared

    Ekaterina Dragunova, Chairman of the capital’s Committee for Public Relations and Youth Policy.

    The exhibition “Moscow Greets Victory” will be divided into thematic blocks, each of which will reveal one of the spheres of the capital’s life at that time – from cinema and sports to transport, trade and festive events. The illustrations will show a vivid transition from war to peace. Guests will study modules with display cases and artifacts, graphic material, maps, infographics, as well as authentic items of the Victory’s commanders.

    Sergei Sobyanin: The updated exposition of the Museum of Heroism has opened at VDNKh

    The “Shell” stage and flower kiosk will become a symbol of a peaceful and happy life. Musicians will perform on the traditional Moscow park stage. Here, everyone will be able to join the Victory Waltz accompanied by a military orchestra.

    The Victory train “We are from Berlin” will also be located on Red Square. It consists of two carriages and an open platform. Soldiers-actors will perform songs and show scenes from military life.

    As part of the exhibition, guests will be able to see 20 units of military and civilian equipment of those times from the Vadim Zadorozhny Museum of Technology. Immersive performances will be held on stage. Guests and residents of the capital will be treated to musical and poetic sketches, as well as productions.

    More than 300 Moscow volunteers will help visitors find their way around.

    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/155442073/

    MIL OSI Russia News

  • MIL-OSI Russia: Chinese and Uzbek archaeologists discover ancient Iron Age city in Central Asia

    Translation. Region: Russian Federal

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

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

    BEIJING, June 19 (Xinhua) — A joint Chinese-Uzbek archaeological team made significant progress in excavating the early Iron Age Bandikhon 2 site in the Surkhandarya River basin in June 2025, providing key evidence to uncover the historical appearance of ancient city-states in southern Central Asia during the early Iron Age, CCTV reported on June 17, citing the Silk Road Joint Archaeological Research Center of Northwest China University (Shaanxi Province, northwest China).

    Since 2023, the Institute of Cultural Heritage of the North-West University, together with Termez State University and the Termez Archaeological Museum of Uzbekistan, formed a joint archaeological group. They conducted interdisciplinary research in the Surkhandarya River basin, examining 47 sites. It was established that the Bandikhon-2 settlement is an important city-state of the ancient Bactria period. This is of great scientific importance for filling the gaps in the regional historical and cultural chronology.

    In 2024-2025, the Chinese-Uzbek joint archaeological team conducted three archaeological seasons at the Bandikhon-2 settlement. Well-preserved reinforced adobe walls 7 m wide and 2 m high were discovered. A large room was excavated inside the settlement. In the center of the room, there were two square earthen columns standing vertically. In the corner of the room, there was a adobe bed, and a stone door groove was located under the door axis. A large number of household ceramics, stone grain grinders, and other stone tools for processing grain crops, as well as bronze knives, arrowheads, and other bronze tools were discovered at the site.

    Based on systematic scientific dating and typological analysis of the discovered ceramics, the archaeological team confirmed that the Bandikhon 2 settlement was founded in the 9th century BC and abandoned in the 6th century BC. The excavations of this site provided key evidence for understanding the building structure and functional layout of the city-states of the early Iron Age.

    It should be noted that Chinese and Uzbek archaeologists at all stages of excavations consistently adhered to the principle of “preservation above all else.” Considering the serious damage caused to earthen monuments by the local scorching sun and highly alkaline soil, archaeologists used original technologies for constructing the settlement. They used the method of laying clay layers and adobe bricks to strengthen the walls and other objects, maximally preserving and presenting the authentic appearance of the object. -0-

    MIL OSI Russia News

  • MIL-OSI China: Film executives discuss cinema’s future at Shanghai film festival

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

    Wang Changtian, chairman of Beijing Enlight Media, addressed the success of his company’s animated juggernaut “Ne Zha 2” and broader industry development during the SIFForum opening session at the 27th Shanghai International Film Festival (SIFF) where the media executive joined fellow filmmakers and industry leaders for a panel discussion in Shanghai on June 15.

    Wang Changtian, chairman of Beijing Enlight Media, speaks at the opening forum of the 27th Shanghai International Film Festival in Shanghai, June 15, 2025. [Photo courtesy of SIFF Organizing Committee]

    “‘Ne Zha 2’ represents an inevitable product of China’s film industry at its current developmental stage,” Wang said. “Yet it remains an exceptional case — not a replicable model with broad promotional or referential value. Unless we reform the underlying mechanisms and systemic issues, China’s film sector may prove incapable of weathering the current challenges.”

    Wang argued the industry must overhaul its approach to genres, storytelling, style and audiovisual execution to improve films’ competitiveness. “We’re making too many unwanted films that can’t compete with other entertainment,” he said. He advocates cutting the annual output to 500-600 films — half of China’s peak of 1,000 features — while focusing on boosting quality. 

    The executive highlighted the film industry’s critical challenge of rapidly rising production costs outpacing market capacity, and called for urgent reforms in funding allocation. Wang emphasized the unsustainable risk burden on producers, with annual industry losses exceeding 10 billion yuan which has caused frequent production funding shortages. He stressed the necessity of both cutting costs and addressing profit redistribution to sustain the sector.

    “Currently, from every 100 yuan in total box office revenue, only about 33 yuan remains for investors and creators after accounting for theater profit shares, fees and marketing expenses,” he noted. “How can we sustain industry investment with such marginal returns?”

    Wang proposed repositioning the role of films in the industrial chain by reducing box office revenue’s share in total income. China’s film industry currently depends on box office sales for over 90% of its revenue — far higher than the 30% seen in foreign markets — making losses inevitable when movies underperform. Wang believes reducing reliance to 50% would be more sustainable, and can be achieved by strengthening films as intellectual property drivers and increasing merchandise revenue.

    Merchandise related to the “Ne Zha” film franchise clearly demonstrates this potential. Wang estimated licensed products have already generated tens of billions of yuan in sales. “Even with widespread piracy,” he noted, “I believe ultimate derivative sales could realistically reach 100 billion yuan.”

    “Chinese films going global represents both an inevitable choice and an unstoppable trend,” he added. “This aligns perfectly with Chinese products and services expanding their global market presence. As international consumers embrace Chinese goods, their growing interest in the culture behind these products naturally creates opportunities for Chinese cinema overseas. For ‘Ne Zha 2,’ we anticipate final international box office receipts will exceed $100 million. While this figure may seem modest, it already stands as the highest in 20 years. Conservative estimates indicate the film’s total economic impact may surpass 200 billion yuan.”

    “Ne Zha 2” has already grossed $2.19 billion at the box office worldwide, and is the highest-grossing Chinese film, highest-grossing global animated film and the fifth-highest grossing film of all time in the world.

    Film executives pose for a picture at the opening forum of the 27th Shanghai International Film Festival in Shanghai, June 15, 2025. [Photo courtesy of SIFF Organizing Committee]

    Chen Zhixi, chairwoman and president of Wanda Cinemas, emphasized the need for industry realignment: “Disney and Universal’s 2024 reports reveal a balanced 40-60 revenue split between box office and non-theatrical income. We must restore this healthy equilibrium across both cinema operations and individual film economics through strategic expansion of non-ticket revenue streams.”

    She added that China now leads globally with over 80,000 cinema screens yet faces a growing shortage of high-quality content. Rising directors increasingly pursue ambitious projects requiring larger budgets and longer production cycles, reducing overall output. To address this, Wanda Film launched a filmmaker support program to help young directors. During the festival, Wanda Film also announced its rebranding as “Rtime” and released plans to develop a super entertainment space strategy integrating various entertainment options.

    Veteran filmmaker Huang Jianxin acknowledged the new generation’s talent while noting their growing box office anxieties in today’s challenging environment. He emphasized the need for a crucial support system to alleviate financial pressures, allowing directors to focus entirely on crafting imaginative, expressive and compelling works. “Producers must help shoulder these burdens — directors aren’t economists or marketers. Their power lies in imagination and artistic vision to unleash cinema’s magic,” Huang stressed.

    Li Jie, president of Damai Entertainment, emphasized innovation as the proven solution to industry challenges. The current market slowdown, he noted, ironically creates an ideal window for creative breakthroughs. “Boom periods chain us to box office demands, leaving no space for creativity,” he said. “Today’s climate instead encourages patience and innovation across all aspects of filmmaking. Cinema must not be an outdated format, it has to go beyond, and to reclaim young audiences — and innovation is how we’ll achieve this.”

    MIL OSI China News

  • MIL-OSI Australia: Call for witnesses – Structure fire – Katherine

    Source: Northern Territory Police and Fire Services

    The Northern Territory Police Force are investigating a structure fire that occurred this afternoon along Callistemon Drive, Katherine East.

    About 2pm, the Joint Emergency Services Communication Centre received reports of the structure fire and police and NT Fire and Rescue Service attended.

    A resident of the house evacuated before emergency services arrival and no injuries were reported.

    The Crime Command have carriage of the investigation and enquiries are continuing.

    Police are calling for witnesses from within the area between 1:45pm and 3:15pm today, particularly those who may have CCTV or dashcam footage to make contact on 131 444 and reference job number NTP2500062594.

    Alternatively, you can download your footage directly to the portal linked to the attached QR code > https://ntpol.au.evidence.com/axon/community-request/public/structurefire1-66callistemon

    MIL OSI News

  • MIL-OSI Australia: Update: Police seek identity of three suspects involved in a fire at Solomontown

    Source: New South Wales – News

    Police have released CCTV footage hoping to identify the occupants of a vehicle involved in a fire on Monday 16 June at Solomontown.

    Just after midnight, police were called to a report of a car on fire in Young Street, Solomontown.

    When police officers arrived, they discovered a car on fire and a fire burning at the front of a nearby residence, which they extinguished with a fire extinguisher.

    The occupants of the house were not injured during the incident.  The exterior of the house was charred by flames.

    As seen in the footage, three male suspects had attended an address in Young Street and doused the front of the residence with accelerant.

    The suspects then entered the vehicle, which became engulfed in flames.  They ran off, abandoning the car in the street.

    It is extremely likely they have suffered significant burns or injuries in the fire and police urge them to seek medical attention.

    Anyone with information about the identity or location of anyone involved in this incident is encouraged to contact Crime Stoppers immediately on 1800 333 000 or online at www.crimestopperssa.com.au

    MIL OSI News

  • MIL-OSI Security: Murder investigation launched after fatal assault in Chiswick

    Source: United Kingdom London Metropolitan Police

    Police have launched a murder appeal following the fatal assault of 75-year-old John Murray in Chiswick last year.

    Officers were called on Saturday, 12 October by the London Ambulance Service to an unconscious man at a residential address in Carlton Road, Chiswick. Despite the best efforts of emergency services to save his life, he was sadly pronounced dead at the scene. He was later identified as John Murray.

    A post-mortem examination in October gave the initial cause of death as a result of a head injury. However, a murder investigation was later launched after a pathology result found the injury had been caused by an assault.

    John’s family and investigating officers are urging any witnesses to come forward with information about the days leading up to his murder in Chiswick last year.

    John was a father and grandfather, and a well-liked neighbour who moved to Chiswick after retiring. Those who knew him said he was always offering to help others in the community. He was often seen riding his motorbike or in the communal gardens, which is where neighbours last saw him on Saturday, 12 October, the day he died.

    In a statement, John Murray’s family said: “As a family, we are devastated and in complete shock to learn that our Dad and Grandad was murdered. John had so much more life to live. We are struggling to comprehend why someone would harm a 75-year-old defenceless man in his own home. We are appealing for anyone with information to please come forward and help the police get justice for our family.”

    Detective Chief Inspector Brian Howie from the Met’s Specialist Crime Command, which is leading the investigation, said: “My thoughts are very much with John’s family and the community at this tragic time.

    “As part of our investigation, we need the public’s help to piece together what exactly took place.

    “Every piece of information, no matter how small, could be crucial. If you were in the Chiswick area, especially near Carlton Road on Saturday, 12 October, you may be able to assist our investigation.

    “Did you see or hear anything unusual around Carlton Road, for instance, any signs of a struggle or an argument? Do you have any CCTV, dashcam or doorbell footage from the surrounding areas at the time of the incident?

    “You may simply know John, or visited him at his flat. You may have spoken to him or noticed a change in him in the weeks leading up to his death.

    “Anyone with any information is urged to call police on 101 providing the reference 5382/12Oct, or by visiting the Major Incident Public Portal Website.

    “Information can also be provided to Crimestoppers, anonymously, on 0800 555 111.”

    Access to the Major Incident Public Portal Website can be found here.

    MIL Security OSI

  • MIL-OSI Russia: “Summer in Moscow” invites you to play skittles and remember iconic consoles

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    As part of the project “Summer in Moscow” on Tverskoy Boulevard is open daily Summer Club “Moscow”. Spaces for active and board games have been prepared for children and their parents. Young guests will be introduced to traditions, helped to develop agility and meet real friends.

    Childhood classics on a new wave

    One of the main innovations of the club is the open-air play areas. Here you can try your hand at the old Russian game of gorodki. The main task is to knock out figures made of wooden cylinders using wooden bats. The game not only develops coordination, but also teaches honesty, respect for the opponent and patience. In the 19th century, gorodki courts were part of any large courtyard, and today the summer club “Moscow” is bringing back this tradition – in a modern format.

    Nearby is a petanque court, a game that is rapidly gaining popularity in Russia. On fine gravel, children compete with passion to see who can roll a metal ball more accurately to a small wooden jack. The rules are simple, but the game requires precision, well-thought-out tactics, and team spirit. And most importantly, it is ideal for any age and level of training.

    In addition, young guests enjoy spending time playing table tennis. This dynamic game, requiring precision and quick reaction, has not lost its popularity for more than 100 years. In the summer club “Moscow” you can play with friends, parents or try your hand at an impromptu tournament.

    Consoles that take you back to childhood…

    The Summer Club is not only about movement, but also about real gaming nostalgia. In the retrogaming zone, guests are greeted by eight iconic consoles, including Dendy, Sega and others. Each is connected to a tube TV – just like in the 1990s. Here you can play Super Mario, Battle City, remember pixel melodies and share your favorite games with your children.

    For many adults, this will be a journey back to childhood, and for young guests, an opportunity to get acquainted with an era when games did not require millions of pixels, but only a simple “Start” button.

    …And fashion shops

    The program of the summer club “Moscow” is constantly updated, in just a couple of days you can discover a lot of new and interesting things here. For example, in a separate zone there are pop-up shops introducing visitors to current Russian and capital brands – flagships in the field of fashion and beauty. And while parents get acquainted with design solutions, children play, communicate and move.

    Entry to all events is free.

    Yoga, chess and sim racing: the Moscow summer club will open in the capital

    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 this 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 in 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/155448073/

    MIL OSI Russia News

  • MIL-OSI New Zealand: Appeal for witnesses following crash, SH60, Mapua

    Source: New Zealand Police

    Tasman Police investigating a serious crash on State Highway 60, near Mapua Drive, are seeking witnesses to the incident.

    At about 2pm on Thursday 19 June, Police were called to a two vehicle crash.

    Two people were transported to hospital with injuries, one of whom is in a critical condition.

    Police are appealing for witnesses to the crash, as well as any dashcam or CCTV footage.

    If you have any information, please contact Police via 105, either over the phone or online.

    Please reference file number 250619/4692.

    ENDS

    MIL OSI New Zealand News

  • MIL-OSI Economics: Build a Prosperous F5.5G All-Optical Network Industry for New Growth in the AI Era

    Source: Huawei

    Headline: Build a Prosperous F5.5G All-Optical Network Industry for New Growth in the AI Era

    [Shanghai, China, June 18, 2025] During MWC Shanghai 2025, the F5.5G All-Optical Industry Summit was successfully held with the theme of “10 Gbps Broadband and All-Optical Premium Transmission for a Win-Win AI Era.” At the summit, the booming F5.5G industry was a key topic of discussion among the Information and Communication Technology Committee of the Ministry of Industry and Information Technology (MIIT), China Academy of Information and Communications Technology (CAICT), China Telecom, China Mobile, China Unicom, Maxis of Malaysia, and CTM. In particular, they shared the latest commercial practices of global carriers in 10 Gbps all-optical broadband as well as all-optical premium transmission. Huawei also shed light on its latest innovations in F5.5G all-optical networks from four aspects. These innovations help carriers develop four-in-one high-value packages to provide users with optimal AI application experience.
    In recent years, as the industry has come to a consensus and successful pilots emerge, F5.5G all-optical networks have seen accelerated commercial deployment. In optical access, more than 70 carriers worldwide have launched 10 Gbps packages, and the large-scale commercial use of 10 Gbps all-optical broadband has paved the way for new AItoH services. In optical transmission, more than 240 networks, each operating at 400G, have been deployed worldwide. Meanwhile, the industry is exploring the construction of 1 ms latency metro networks for ensuring that end users can quickly access computing power over the cloud, enabling AItoB application innovation. Han Xia, Executive Deputy Director & Secretary-general of Information and Communication Technology Committee of MIIT, China, noted in his opening speech, “Accelerating the upgrade of 10 Gbps all-optical broadband and all-optical premium transmission and the development of the technology industry are of great significance to promote the integration of digital economy and real economy, drive information consumption and effective investment, and improve people’s livelihood and well-being.”
    Deep cloud-intelligence-network-device collaboration drives new growth in the AI era
    With AI poised to become the core driving force of the global digital economy and reshape life and production, global carriers are also actively embracing AI. In particular, frontrunners are transforming from connection service providers to connection + computing + application service providers. When expanding intelligent services based on their connectivity advantages, carriers also face challenges such as insufficient application ecosystems, non-unified terminal interconnection ecosystems, and lack of differentiated network assurance.

    Li Peng, Huawei’s Senior Vice President and President of ICT Sales & Service, delivering a speech

    Li Peng, Huawei’s Senior Vice President and President of ICT Sales & Service said in his speech, “Homes and enterprises will become the most valuable scenarios in carriers’ AI strategic transformation. Huawei hopes to work with the industry to promote the development of F5.5G all-optical networks, support deep cloud-intelligence-network-device collaboration, and drive the application of AI to households and industries, achieving win-win growth in the AI era.”
    Continuous Innovation of AI-Centric F5.5G All-Optical Networks Stimulates New Growth of Home Broadband Services in the AI Era
    In the AI era, the key to the growth of carriers’ home broadband services is to provide end users with new values and sense of worthiness. Bob Chen, President of Huawei Optical Business Product Line, shared Huawei’s latest innovations in F5.5G all-optical networks from four dimensions. He pointed out that, “To fully improve the sense of worthiness for home broadband users, and make bandwidth upgrades visible, differentiated experience assurance sensible, new home devices attainable, and new services more popular, Huawei has continuously innovated to help carriers build four-in-one high-value packages and provide users with ultimate AI application experiences.”

    Bob Chen, President of Huawei Optical Business Product Line, delivering a keynote speech

    Huawei’s solution is fully upgraded in bandwidth upgrade, differentiated experience, new terminals, and rich home applications. The innovative 50G PON solution supports upgrade to ultra-gigabit and 10 Gigabit. Besides, Huawei’ solution improves the end-to-end network capabilities to provide high-value users with differentiated experience assurance. In addition, Huawei’s new terminal — AI home hub — as a smart home hub for users and offers rich intelligent applications based on home AI interaction entry. Meanwhile, Huawei and carriers are jointly exploring the construction of 1 ms latency all-optical metro networks, allowing users to access cloud computing resources and AI applications through deterministic low-latency networks.
    MWC Shanghai 2025 will be held from June 18 to June 20 in Shanghai, China. During the event, Huawei will showcase its latest products and solutions in Hall N1 of the Shanghai New International Expo Center (SNIEC).
    The commercial adoption of 5G-Advanced is accelerating in 2025. Huawei collaborates with global carriers, industry experts, and opinion leaders to explore how innovations in AI can be used to reshape telecom services, infrastructure, and operations to generate new revenue sources and accelerate the transition towards an intelligent world.
    For more information, please visit: https://carrier.huawei.com/en/events/mwcs2025

    MIL OSI Economics

  • MIL-OSI Global: Is Meghan, Duchess of Sussex, right? Can dancing or twerking really bring on labour?

    Source: The Conversation – Global Perspectives – By Hannah Dahlen, Professor of Midwifery, Associate Dean Research and HDR, Midwifery Discipline Leader, Western Sydney University

    Meghan, Duchess of Sussex is back in the news this week in a podcast discussing her viral “baby mama” video.

    The video was made four years ago when she gave birth to daughter Lilibet, but only released recently. It shows the duchess in hospital, heavily pregnant, dancing and twerking to bring on labour. Her husband, Prince Harry, dances too.

    She wrote on Instagram:

    Both of our children were a week past their due dates […] so when spicy food, all that walking, and acupuncture didn’t work – there was only one thing left to do!

    The video follows the trend of other celebrities sharing similar videos of themselves dancing while heavily pregnant.

    So does the Duchess of Sussex have a point? Can dancing really bring on labour?

    First, how about dancing during pregnancy?

    Exercise is recommended during pregnancy, and while some higher-impact exercises may need to be moderated, it carries minimal risk for healthy women and their babies. In fact, evidence shows regular exercise during pregnancy is associated with a variety of benefits.

    Exercise can lead to a lower risk of gestational diabetes, caesarean section, the use of forceps and vacuum during birth and perinatal mental health problems, as well as quicker postpartum recovery.

    While pregnant women might more often gravitate towards a brisk walk, some laps in the pool, or a group exercise class, dancing is a good option too. The American College of Obstetricians and Gynecologists has even listed dance as one of the forms of exercise found to be safe and beneficial during pregnancy.

    The movements of dance involve the hips and pelvic area (especially twerking) which may help the baby get into a more optimal position and tone the pelvic floor, though the evidence for this is lacking.

    Choose any form of dancing you like – even belly dancing. In a small qualitative study with two pregnant women, belly dancing was found to be joyful and empowering, boosting feelings of wellbeing.

    You can dance any time during pregnancy but you may need to adapt your dance moves as the pregnancy advances and your growing belly gets in the way.

    If you have risk factors such as bleeding it’s best to be cautious and discuss any planned dancing with your health-care provider.

    Music can also play an important role in mental health, as well as reducing pain, blood pressure and heart rate. So the combination of exercise with music, in the form of dance, could have added benefits.

    Exercise is recommended during pregnancy – so why not try dancing?
    sandsun/Shutterstock

    What about dancing to induce labour, and during labour?

    Meghan is not the first woman to report dancing to induce their labour, but this is all anecdotal. There’s no scientific evidence to show dancing is an effective way to bring on labour.

    There is perhaps slightly more evidence suggesting benefits once labour has started.

    Many women seek non-pharmacological options (not involving medications) during labour. Especially early in labour, dancing may decrease the intensity of pain and lead women to feel more satisfied and in control of their labour.

    In one study, 60 women were randomly allocated to either dance during labour, or not. The dancing group had significantly lower pain scores and higher satisfaction than the control group.

    And again, music can lower levels of pain in early labour. So combining relaxing music with some movement could be a good thing.

    Dancing to your comfort levels during labour could be helpful due to the combination of pelvic movements, being upright, moving the body rhythmically and changing the position of the body frequently.

    Evidence shows being upright and moving during labour is beneficial as it enables the pelvis to open up fully to let the baby through and reduces the length of labour.

    Being upright and moving could also help transfer some pressure from the baby’s head onto the cervix, which can stimulate prostaglandin, a key chemical involved in progressing labour.

    It’s been suggested dancing during labour could help get the baby into a better position for delivery and therefore help labour to proceed more smoothly and quickly. But ultimately we don’t have reliable evidence to substantiate these hypotheses.

    So, did Meghan induce her labour with dance?

    It’s unclear if dancing helped to induce the duchess’ labour as she was in hospital and may have later had a medical or surgical induction.

    Labour can be medically induced with hormones, by using a balloon-shaped catheter placed in the woman’s cervix to open it up, or by breaking the bag of water around the baby.

    Alternatively, Meghan’s labour may have eventually begun naturally without her dancing having played a role if she chose to wait another few days.

    However, the joy on her face and connection and support of her husband Prince Harry is a good way to increase oxytocin, a hormone that stimulates contractions. This could have helped too.

    Meghan may have been on the right track, but we need more research before we can confidently recommend dancing to bring on or during labour.

    In the meantime, while there’s no evidence to show dancing is effective for inducing labour, it’s highly unlikely to have any downsides – and it may contribute to a more positive childbirth experience. So, if you feel inclined, I say dance away.

    Hannah Dahlen receives funding from the Australian Research Council and the National Health and Medical Research Council.

    ref. Is Meghan, Duchess of Sussex, right? Can dancing or twerking really bring on labour? – https://theconversation.com/is-meghan-duchess-of-sussex-right-can-dancing-or-twerking-really-bring-on-labour-259257

    MIL OSI – Global Reports

  • MIL-OSI Russia: About fifty yoga masters will conduct free open-air classes at VDNKh

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    The capital will host a celebration on June 21 International Day of Yoga as part of the Summer in Moscow project. Joint practices, creative workshops and an introduction to Indian culture will be organized for city residents and tourists at the site near the Michurinsky Garden at VDNKh.

    From 09:00 to 19:00, guests will enjoy a rich program that will begin with a welcome from the Ambassador of India to Russia Vinay Kumar. Participation is free, but pre-registration is required at digital tourism service Ruspass.

    Open-air classes will be held by about fifty masters. Those interested will get acquainted with various exercise complexes: yoga for joint health and recovery from injuries, for young mothers and stress relief. TV presenter Nikolai Drozdov will talk about the benefits of such classes for longevity, and Australian singer Peruqua, who practices vocal yoga, will perform musical compositions.

    The event is organized by the Government of Moscow and the Embassy of the Republic of India.

    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.

    Get the latest news quickly official telegram channelthe 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/155440073/

    MIL OSI Russia News

  • MIL-OSI: Unaudited Interim Results

    Source: GlobeNewswire (MIL-OSI)

    19 June 2025

    HARGREAVE HALE AIM VCT PLC
    (the “Company”)

    Unaudited Interim Results

    The Company announces its half-year results for the six months ended 31 March 2025.

    These half-year results will be available on the Company’s website at  https://www.hargreaveaimvcts.co.uk/document-library/.

    In accordance with UK Listing Rule 6.4.1, a copy of this document will also be submitted to the UK Listing Authority via the National Storage Mechanism and will be available for viewing shortly at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

    Additionally, the interim report can also be found here:  HHV 2025 Interim Report

    Financial highlights

    Net asset value (NAV) per share   NAV total return   Tax free dividends paid in the period   Share price total return   Ongoing charges ratio
    34.48p   -8.19%   2.75   -6.28%   2.45%
    • £3.6m invested in Qualifying Companies in the period.
    • 92.29% invested by VCT tax value in Qualifying Investments at 31 March 2025.
    • Offer for subscription launched on 9 October 2024 to raise up to £20m. At the date of this report 14m Shares have been issued raising gross proceeds of £5.4m.
    • Final dividend of 1.25 pence and special dividend of 1.50 pence per Share paid 14 February 2025.
    • Interim dividend of 0.75 pence and special dividend of 0.50 pence per Share approved by the Board.
    Summary financial data Six months

    ending

    31-Mar-25

    Six months

    Ending

    31-Mar-24

    Year

    ending
    30 Sept-24

    NAV (£m) 126.75 155.74 148.01
    NAV per Share (p) 34.48 43.64 40.55
    NAV total return (%) -8.19 -2.59 -3.86
    Market capitalisation (£m) 124.25 150.60 142.34
    Share price (p) 33.80 42.20 39.00
    Share price discount to NAV per Share (%) 1.97 3.30 3.82
    Share price 5 year average discount to NAV per Share (%) -5.52 -5.83 -5.79
    Share price total return (%) -6.28 1.63 0.00
    Loss per Share for the period (p) -3.39 -1.22 -1.86
    Dividends paid per Share (p) 2.75 1.50 4.00
    Ongoing charges ratio (%) 2.45 2.45 2.43

    Investment Manager’s report

    Overview

    What would Harold Wilson, who famously quipped that a week was a long time in politics, have made of the extraordinary times we are living through? If JD Vance’s Munich speech signalled that the new administration was unconstrained by red lines, established protocols or strategic alliances, few truly anticipated the confusion and chaos that would follow on ‘Liberation Day’.

    The tumultuous reaction to Trump’s Rose Garden speech reflected the upending of the principles that had underpinned global trade for decades. Uncertainty swept through markets as analysts assessed the implications for the global economy, a task that was made considerably more difficult by the rapidly evolving nature of the proposed tariff regime and, more broadly, US trade policy. With future outcomes very difficult to predict and price in, significant volatility emerged in a huge range of financial assets. In the medium term, there are potentially profound implications for the value of invested capital as companies review their business models and supply chains.

    Spectacular as this has been, the impact on AIM has been relatively muted. Whilst risk assets in the US were overdue a correction, the same was not true of companies listed on AIM. The early part of the financial year was difficult with the 2024 UK Autumn Budget preceded by some unhelpfully stark messaging from the government. GDP, employment reports and PMI surveys all highlighted a notable softening in the UK economy through the second half of the 2024 calendar year. Measures of UK consumer and business confidence dipped, suggesting that households and companies were becoming increasingly cautious. Both the Office for Budget Responsibility and Bank of England reduced their GDP forecasts for 2025.

    Although UK fiscal policy is seen as being negative to growth and positive for inflation, a very significant increase in public spending is expected to support a pick up in UK economic activity in 2025 with the market consensus for GDP growth in 2025 currently +1.0%. While the Bank of England is currently forecasting 3.5% inflation in 2025, significantly above the 2.0% target, the downside risks to the global economy that have subsequently emerged, along with falling energy prices, are expected to reduce CPI to comfortably below 3.0% by early 2026. As a result, the outlook for interest rate cuts has significantly improved with the market now pricing in up to four interest cuts in 2025. For context, the market was expecting just one cut as we entered into 2025.

    You might reasonably expect all of this to heap more selling pressure onto UK equities. Whilst that was the case within the period under review, it is not so more recently. Although the constantly evolving narrative threatens to undermine the current dynamic, as it stands UK equity markets are going through a mini renaissance. As we have previously observed, UK markets are cheap, both in relative and absolute terms. As the US economy falters and the US exceptionalism narrative comes under pressure, investors are starting to look elsewhere. With a high weighting to more defensive companies, an expectation that the UK economy should emerge relatively unscathed from the new tariff regime, stable politics and low valuations, there is clear interest in UK equities from investors rotating away from US equities. This is yet to result in fund inflows to the IA UK Small Cap sector; however, the flow picture has improved. For now, at least, the market’s focus has shifted away from UK fiscal policy to international trade and the impact of tariffs.

    Returning to events within the six months to 31 March 2025, we regrettably report that AIM was again notably weak, with the Deutsche Numis Alternative Market (ex IC) returning -7.51% over the period on a total return basis. This was not specific to AIM, the domestically focused FTSE 250 Index also endured a difficult period as business and financial markets returned a withering assessment of the 2024 Autumn Budget. Ultimately, pressure on UK government borrowing costs forced the Chancellor to announce spending cuts in her 2025 Spring Statement. More will need to be done and we expect the government to come forward with new initiatives to promote growth, contain spending and/or increase taxes. It will be a difficult balancing act.

    Performance 

    In the six months to 31 March 2025 the unaudited NAV per Share decreased from 40.55 pence to 34.48 pence. A final dividend for FY24 of 1.25 pence and a special dividend of 1.50 pence were paid on 14 February 2025, giving a NAV total return to Shareholders of -3.32 pence per Share, which translates to a loss of -8.19%.

    The Qualifying Investments made a net contribution of -2.70 pence per Share whilst the Non-Qualifying Investments returned -0.25 pence per Share. The contribution to net asset performance is split out in further detail below.

    Qualifying Investments 

    Positive Contributors 

    In November 2024, Aquis Exchange (+95.8%, +£1.71m) received a takeover offer from its larger Swiss peer SIX Exchange at 727p, equivalent to an enterprise value of £194m. The offer price, which was at a 120% premium to the previous closing price and slightly above the 2021 share price high, resulted in an exit multiple of 4.7x book cost. The deal was approved by Aquis shareholders on 18 December 2024 and is expected to complete in July 2025.

    Shares in Cohort (+26.1%, +£1.12m) continued to perform strongly as European nations announced plans to significantly boost defence spending. The UK government announced plans to increase spending to 2.5% of GDP by 2027, an additional spend of £13.4bn p.a. from current levels. The company announced its subsidiary MASS Consultants received a two-year extension to its Joint Command and Staff Training contract for UK Strategic Command worth over £17.5m. Cohort also completed the acquisition of Australian-based satellite communications company EM Solutions.

    Oberon Investment Group (+43.3%, +£0.49m) raised a further £2.5m in February 2025, providing additional investment to accelerate growth across corporate broking, wealth management and fund management. We used the opportunity to increase our investment in the company. H1 2025 results showed revenue growth of 78% to £4.8m, coupled with a reduction in EBITDA losses. Current trading remains positive with like for like revenue growth of over 30% expected for FY25 (March YE).

    Ilika (+56.5%, +£0.48m) continued to make technical progress with Goliath, its solid state battery technology for electric vehicles (EV). In partnership with the UK Battery Industrialisation Centre, the company built a prototype battery using industrial equipment and processes, demonstrating the scalability of key steps in the manufacturing process. Goliath has achieved energy density parity with current lithium-ion cells, successfully reached its D6 milestone of testing 10Ah cells, and expects to achieve minimum viable product for EV applications within 2026. The company also successfully completed the transfer of its Stereax micro-battery production to US-based partner Cirtec Medical and expects this partnership to generate revenues in H2 2025.

    Intelligent Ultrasound (+30.0%, +£0.41m) received a takeover offer from Swedish medical simulation company Surgical Science at 13p in December 2024. The transaction valued Intelligent Ultrasound at an enterprise value of £4.7m. Adjusting for the sale of the Clinical-AI business to GE Healthcare in October 2024 for £40.5m, the offer placed a relatively low value on the simulation division. Whilst we voted against the scheme due to the low valuation, the transaction was approved by shareholders on 6 February 2025 and completed on 18 February 2025.

    Negative Contributors 

    Despite reductions to its overheads, a difficult retail environment undermined Kidly (-100.00%, -£1.26m) in its attempts to establish a fundable pathway to profitability. Kidly was placed into administration on 4 March 2025 following a formal sales process. Although the company was subsequently sold from administration, the proceeds did not result in any recoverable value to the Company.

    Zoo Digital (-74.3%, -£1.14m) issued a disappointing year-end trading update with FY25 revenues growing 24% to $50.5m (consensus: $55m) and EBITDA of at least $1m. Cash was also below expectations at $1m. Whilst the film and TV industry has begun to recover from the 2023 strikes, the company has been impacted by project delays and cancellations as streaming platforms continue to evaluate their commercial models.

    On 31 March 2025, Equipmake (-40.0%, -£0.93m) announced a £5m strategic investment from Caterpillar Ventures and a development agreement with Caterpillar. We view this outcome as a significant achievement for a company that was operating with limited working capital . The company also announced a development agreement with JCB, and post period-end, a £650,000 development agreement with CorPower Ocean. A new CFO was appointed.

    Team Internet (-54.8%, -£0.86m) shares fell sharply in Q4 2024 as the company announced that revenues at a recently acquired online marketing business, Shinez would fall short of expectations. This was followed by the negative news in Q1 2025 when the company announced that 2025 would be impacted by changes being made by Google, with a major impact on revenues in the company’s online marketing business. The company also confirmed that it was no longer in talks regarding a potential takeover offer. The year end trading update confirmed 2024 net revenues of $188m (-2% vs prior year) and an operating profit of $8.2m following a $36m impairment to the value of Shinez.

    Eagle Eye (-21.3%, -£0.85m) issued a profit warning in January 2025, cautioning that FY25 revenues would be below market expectations due to lengthening sales cycles. The warning was exacerbated by the company’s decision to make a strategic shift away from professional services work. More promising was the announcement of a major new partnership with a large software vendor where Eagle Eye will be directly integrated into the vendor’s product. Whilst this opportunity will take time to generate revenues, the partnership could become a very material profit generator in time. H1 2025 results reported revenues of £24.2m (unchanged year on year), and adjusted EBITDA of £5.9m.

    Recurring revenue represented 82% of the total with annual recurring revenue increasing by 16% to £41m. The company continues to benefit from a strong balance sheet with net cash of £11.7m.

    Non-qualifying Investments

    Within the non-qualifying portfolio, the IFSL Marlborough UK Micro-Cap Growth Fund and IFSL Marlborough Special Situations Fund declined by £1.27m over the period. We reduced our investments in both to release liquidity ahead of scheduled dividend payments.

    Within the non-qualifying direct equities portfolio, the weaker outlook for the UK economy following the 2024 Autumn Budget impacted WH Smith and Hollywood Bowl. Bodycote struggled with weak end markets, notably automotive and aerospace, and we sold the position. BAE Systems performed well as the outlook for defence spending in the UK and Europe strengthened and TP ICAP rose as the company announced plans to spin-out its data business Parameta Solutions alongside good results. We exited BAE Systems and took profits in Chemring following strong share price performance and initiated a new position in Trustpilot. The direct equity holdings returned -£0.14m (-1.3%). The losses were offset by gains in the non-qualifying fixed income portfolio, which returned +£0.35m.

    We released £0.99m of liquidity through the sale of the Next 3.0% 2026 bond, again to support scheduled dividend payments. The average maturity of the current portfolio of six investment grade corporate bonds is just over two years with an average yield to maturity of 4.9%. This part of the Company’s portfolio is expected to generate annual income of approximately £0.85m.

    Portfolio structure 

    The VCT is comfortably through the HMRC defined investment test and ended the period at 92.29% invested as measured by the HMRC investment test.

    The market for new Qualifying Investment remained very subdued with just two VCT qualifying IPOs within the 12 months to 31 March 2025. Within the period under review, AIM VCTs invested £27.2m across 17 companies. We were measured in our deployment of capital, investing £3.6m into five companies. The new Qualifying Investments included follow on investments into Rosslyn Data Technologies and Oberon Investments Group. We invested in one IPO, RC Fornax, in addition to two new equity investments into existing AIM companies, Feedback and IXICO.

    Feedback. The company provides software solutions for the NHS which deliver secure, compliant clinical workforce tools and data management. The company’s flagship product, Bleepa, is a secure, cloud-based platform that enables healthcare professionals to share and view medical images, as well as notes and other records between primary and secondary care settings. The company has secured partnerships with both a primary care record provider and an IT consultancy to implement the solution. The VCT invested as part of a £6.1m fundraise in November 2024.

    IXICO. The company is a contract research organisation which provides tech-enabled imaging analysis services to pharma companies conducting clinical trials in neurological diseases, with a focus on Huntingdon’s disease, Alzheimer’s disease and Parkinson’s disease. The company has a network of more than 1,000 qualified sites and currently works with 18 pharma clients across 26 studies. The VCT invested as part of a £4m fundraise in October 2024.

    RC Fornax. The company is an engineering consultancy founded by former RAF engineers which serves the defence industry. The VCT invested as part of the AIM IPO in February 2025 which raised £3.7m.

    Within the qualifying portfolio, we exited through takeover Equals Group, Intelligent Ultrasound and Learning Technologies Group. The Equals Group exit valuation of £277m resulted in a gain of 141% over book cost. The Learning Technologies Group exit valued the company at £858m, a gain of 376% over book cost. We also sold our investments in Gfinity and Surface Transforms following poor performance and reduced our holding in Cohort following a period of strong share price performance.

    By market value, the VCT had an increased 58.4% (Sep 24: 56.0%) weighting to Qualifying Investments, an increased 14.2% (Sep 24: 12.9%) weighting to non-qualifying fixed income, a reduced combined 11.9% (Sep 24: 13.4%) weighting to the IFSL Marlborough UK Micro-Cap Growth Fund and IFSL Marlborough Special Situations Fund following disposals, and a reduced 7.3% (Sep 24: 8.1%) weighting to non-qualifying direct equities. New investment into Qualifying Companies and the return of capital through dividend distributions resulted in a reduced weighting to cash of 7.6%(1) (Sep 24: 9.3%(1)) of net assets despite inflows from the offer for subscription and the sale of Qualifying and Non-Qualifying Investments.

    The HMRC investment tests are set out in Chapter 3 of Part 6, ITA , which should be read in conjunction with this Investment Manager’s report. Funds raised by VCTs are first included in the investment tests from the start of the accounting period containing the third anniversary of the date on which the funds were raised. Therefore, the allocation of Qualifying Investments as defined by the VCT Rules can be different to the portfolio weighting as measured by market value relative to the net assets of the VCT.

    Outlook

    Although tail risks remain, broadly speaking the US appears to be inching towards a more moderate and workable position on trade policy. Whilst equity markets have quickly moved to price in a benign outcome, other measures such as borrowing costs and exchange rates continue to signal concern about the medium and long term impact on the US. Historically, this would be perceived as a major risk for the global economy; however, in a multi-polar world, there is potential for a moderate decoupling.

    Back at home, the government has completed two reviews that have shown increased support for defence, healthcare and housebuilding. We have good exposure to the first two. There continues to be much discussion about the outlook for the UK as a leading financial hub and the manner in which we support our growth companies. This debate will continue for some time; however, we draw comfort from the level of engagement by a variety of stakeholders. Greater and more coordinated support for the broader growth ecosystem, even if in areas that are adjacent to where we operate, will provide welcome second order benefits.

    This has fed through to AIM, which has been strongly positive since the post ‘Liberation Day’ correction with the index moving higher as investors react to the growth and value opportunity. It remains too early to comment on the durability of the rally but the foundations are being laid. Whilst government spending, as recently outlined, will support the UK growth story for several years to come; we will need to wait until the 2025 Autumn Budget to see whether this is offset by further changes to tax policy.

    We continue to see signs that deal flow is improving, albeit slowly. UK fund flows remain negative; that is the missing piece that must fall into place before investors can finally feel that a corner may have been turned.

    END

    For further information, please contact:

    Canaccord Genuity Asset Management
    Oliver Bedford
     +44 20 7523 4837
    JTC (UK) Limited
    Uloma Adighibe
    Alexandria Tivey
    HHV.CoSec@jtcgroup.com
    +44 203 832 3877
    +44 203 832 3891

    LEI: 213800LRYA19A69SIT31        

    The MIL Network

  • MIL-OSI: Unaudited Interim Results

    Source: GlobeNewswire (MIL-OSI)

    19 June 2025

    HARGREAVE HALE AIM VCT PLC
    (the “Company”)

    Unaudited Interim Results

    The Company announces its half-year results for the six months ended 31 March 2025.

    These half-year results will be available on the Company’s website at  https://www.hargreaveaimvcts.co.uk/document-library/.

    In accordance with UK Listing Rule 6.4.1, a copy of this document will also be submitted to the UK Listing Authority via the National Storage Mechanism and will be available for viewing shortly at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

    Additionally, the interim report can also be found here:  HHV 2025 Interim Report

    Financial highlights

    Net asset value (NAV) per share   NAV total return   Tax free dividends paid in the period   Share price total return   Ongoing charges ratio
    34.48p   -8.19%   2.75   -6.28%   2.45%
    • £3.6m invested in Qualifying Companies in the period.
    • 92.29% invested by VCT tax value in Qualifying Investments at 31 March 2025.
    • Offer for subscription launched on 9 October 2024 to raise up to £20m. At the date of this report 14m Shares have been issued raising gross proceeds of £5.4m.
    • Final dividend of 1.25 pence and special dividend of 1.50 pence per Share paid 14 February 2025.
    • Interim dividend of 0.75 pence and special dividend of 0.50 pence per Share approved by the Board.
    Summary financial data Six months

    ending

    31-Mar-25

    Six months

    Ending

    31-Mar-24

    Year

    ending
    30 Sept-24

    NAV (£m) 126.75 155.74 148.01
    NAV per Share (p) 34.48 43.64 40.55
    NAV total return (%) -8.19 -2.59 -3.86
    Market capitalisation (£m) 124.25 150.60 142.34
    Share price (p) 33.80 42.20 39.00
    Share price discount to NAV per Share (%) 1.97 3.30 3.82
    Share price 5 year average discount to NAV per Share (%) -5.52 -5.83 -5.79
    Share price total return (%) -6.28 1.63 0.00
    Loss per Share for the period (p) -3.39 -1.22 -1.86
    Dividends paid per Share (p) 2.75 1.50 4.00
    Ongoing charges ratio (%) 2.45 2.45 2.43

    Investment Manager’s report

    Overview

    What would Harold Wilson, who famously quipped that a week was a long time in politics, have made of the extraordinary times we are living through? If JD Vance’s Munich speech signalled that the new administration was unconstrained by red lines, established protocols or strategic alliances, few truly anticipated the confusion and chaos that would follow on ‘Liberation Day’.

    The tumultuous reaction to Trump’s Rose Garden speech reflected the upending of the principles that had underpinned global trade for decades. Uncertainty swept through markets as analysts assessed the implications for the global economy, a task that was made considerably more difficult by the rapidly evolving nature of the proposed tariff regime and, more broadly, US trade policy. With future outcomes very difficult to predict and price in, significant volatility emerged in a huge range of financial assets. In the medium term, there are potentially profound implications for the value of invested capital as companies review their business models and supply chains.

    Spectacular as this has been, the impact on AIM has been relatively muted. Whilst risk assets in the US were overdue a correction, the same was not true of companies listed on AIM. The early part of the financial year was difficult with the 2024 UK Autumn Budget preceded by some unhelpfully stark messaging from the government. GDP, employment reports and PMI surveys all highlighted a notable softening in the UK economy through the second half of the 2024 calendar year. Measures of UK consumer and business confidence dipped, suggesting that households and companies were becoming increasingly cautious. Both the Office for Budget Responsibility and Bank of England reduced their GDP forecasts for 2025.

    Although UK fiscal policy is seen as being negative to growth and positive for inflation, a very significant increase in public spending is expected to support a pick up in UK economic activity in 2025 with the market consensus for GDP growth in 2025 currently +1.0%. While the Bank of England is currently forecasting 3.5% inflation in 2025, significantly above the 2.0% target, the downside risks to the global economy that have subsequently emerged, along with falling energy prices, are expected to reduce CPI to comfortably below 3.0% by early 2026. As a result, the outlook for interest rate cuts has significantly improved with the market now pricing in up to four interest cuts in 2025. For context, the market was expecting just one cut as we entered into 2025.

    You might reasonably expect all of this to heap more selling pressure onto UK equities. Whilst that was the case within the period under review, it is not so more recently. Although the constantly evolving narrative threatens to undermine the current dynamic, as it stands UK equity markets are going through a mini renaissance. As we have previously observed, UK markets are cheap, both in relative and absolute terms. As the US economy falters and the US exceptionalism narrative comes under pressure, investors are starting to look elsewhere. With a high weighting to more defensive companies, an expectation that the UK economy should emerge relatively unscathed from the new tariff regime, stable politics and low valuations, there is clear interest in UK equities from investors rotating away from US equities. This is yet to result in fund inflows to the IA UK Small Cap sector; however, the flow picture has improved. For now, at least, the market’s focus has shifted away from UK fiscal policy to international trade and the impact of tariffs.

    Returning to events within the six months to 31 March 2025, we regrettably report that AIM was again notably weak, with the Deutsche Numis Alternative Market (ex IC) returning -7.51% over the period on a total return basis. This was not specific to AIM, the domestically focused FTSE 250 Index also endured a difficult period as business and financial markets returned a withering assessment of the 2024 Autumn Budget. Ultimately, pressure on UK government borrowing costs forced the Chancellor to announce spending cuts in her 2025 Spring Statement. More will need to be done and we expect the government to come forward with new initiatives to promote growth, contain spending and/or increase taxes. It will be a difficult balancing act.

    Performance 

    In the six months to 31 March 2025 the unaudited NAV per Share decreased from 40.55 pence to 34.48 pence. A final dividend for FY24 of 1.25 pence and a special dividend of 1.50 pence were paid on 14 February 2025, giving a NAV total return to Shareholders of -3.32 pence per Share, which translates to a loss of -8.19%.

    The Qualifying Investments made a net contribution of -2.70 pence per Share whilst the Non-Qualifying Investments returned -0.25 pence per Share. The contribution to net asset performance is split out in further detail below.

    Qualifying Investments 

    Positive Contributors 

    In November 2024, Aquis Exchange (+95.8%, +£1.71m) received a takeover offer from its larger Swiss peer SIX Exchange at 727p, equivalent to an enterprise value of £194m. The offer price, which was at a 120% premium to the previous closing price and slightly above the 2021 share price high, resulted in an exit multiple of 4.7x book cost. The deal was approved by Aquis shareholders on 18 December 2024 and is expected to complete in July 2025.

    Shares in Cohort (+26.1%, +£1.12m) continued to perform strongly as European nations announced plans to significantly boost defence spending. The UK government announced plans to increase spending to 2.5% of GDP by 2027, an additional spend of £13.4bn p.a. from current levels. The company announced its subsidiary MASS Consultants received a two-year extension to its Joint Command and Staff Training contract for UK Strategic Command worth over £17.5m. Cohort also completed the acquisition of Australian-based satellite communications company EM Solutions.

    Oberon Investment Group (+43.3%, +£0.49m) raised a further £2.5m in February 2025, providing additional investment to accelerate growth across corporate broking, wealth management and fund management. We used the opportunity to increase our investment in the company. H1 2025 results showed revenue growth of 78% to £4.8m, coupled with a reduction in EBITDA losses. Current trading remains positive with like for like revenue growth of over 30% expected for FY25 (March YE).

    Ilika (+56.5%, +£0.48m) continued to make technical progress with Goliath, its solid state battery technology for electric vehicles (EV). In partnership with the UK Battery Industrialisation Centre, the company built a prototype battery using industrial equipment and processes, demonstrating the scalability of key steps in the manufacturing process. Goliath has achieved energy density parity with current lithium-ion cells, successfully reached its D6 milestone of testing 10Ah cells, and expects to achieve minimum viable product for EV applications within 2026. The company also successfully completed the transfer of its Stereax micro-battery production to US-based partner Cirtec Medical and expects this partnership to generate revenues in H2 2025.

    Intelligent Ultrasound (+30.0%, +£0.41m) received a takeover offer from Swedish medical simulation company Surgical Science at 13p in December 2024. The transaction valued Intelligent Ultrasound at an enterprise value of £4.7m. Adjusting for the sale of the Clinical-AI business to GE Healthcare in October 2024 for £40.5m, the offer placed a relatively low value on the simulation division. Whilst we voted against the scheme due to the low valuation, the transaction was approved by shareholders on 6 February 2025 and completed on 18 February 2025.

    Negative Contributors 

    Despite reductions to its overheads, a difficult retail environment undermined Kidly (-100.00%, -£1.26m) in its attempts to establish a fundable pathway to profitability. Kidly was placed into administration on 4 March 2025 following a formal sales process. Although the company was subsequently sold from administration, the proceeds did not result in any recoverable value to the Company.

    Zoo Digital (-74.3%, -£1.14m) issued a disappointing year-end trading update with FY25 revenues growing 24% to $50.5m (consensus: $55m) and EBITDA of at least $1m. Cash was also below expectations at $1m. Whilst the film and TV industry has begun to recover from the 2023 strikes, the company has been impacted by project delays and cancellations as streaming platforms continue to evaluate their commercial models.

    On 31 March 2025, Equipmake (-40.0%, -£0.93m) announced a £5m strategic investment from Caterpillar Ventures and a development agreement with Caterpillar. We view this outcome as a significant achievement for a company that was operating with limited working capital . The company also announced a development agreement with JCB, and post period-end, a £650,000 development agreement with CorPower Ocean. A new CFO was appointed.

    Team Internet (-54.8%, -£0.86m) shares fell sharply in Q4 2024 as the company announced that revenues at a recently acquired online marketing business, Shinez would fall short of expectations. This was followed by the negative news in Q1 2025 when the company announced that 2025 would be impacted by changes being made by Google, with a major impact on revenues in the company’s online marketing business. The company also confirmed that it was no longer in talks regarding a potential takeover offer. The year end trading update confirmed 2024 net revenues of $188m (-2% vs prior year) and an operating profit of $8.2m following a $36m impairment to the value of Shinez.

    Eagle Eye (-21.3%, -£0.85m) issued a profit warning in January 2025, cautioning that FY25 revenues would be below market expectations due to lengthening sales cycles. The warning was exacerbated by the company’s decision to make a strategic shift away from professional services work. More promising was the announcement of a major new partnership with a large software vendor where Eagle Eye will be directly integrated into the vendor’s product. Whilst this opportunity will take time to generate revenues, the partnership could become a very material profit generator in time. H1 2025 results reported revenues of £24.2m (unchanged year on year), and adjusted EBITDA of £5.9m.

    Recurring revenue represented 82% of the total with annual recurring revenue increasing by 16% to £41m. The company continues to benefit from a strong balance sheet with net cash of £11.7m.

    Non-qualifying Investments

    Within the non-qualifying portfolio, the IFSL Marlborough UK Micro-Cap Growth Fund and IFSL Marlborough Special Situations Fund declined by £1.27m over the period. We reduced our investments in both to release liquidity ahead of scheduled dividend payments.

    Within the non-qualifying direct equities portfolio, the weaker outlook for the UK economy following the 2024 Autumn Budget impacted WH Smith and Hollywood Bowl. Bodycote struggled with weak end markets, notably automotive and aerospace, and we sold the position. BAE Systems performed well as the outlook for defence spending in the UK and Europe strengthened and TP ICAP rose as the company announced plans to spin-out its data business Parameta Solutions alongside good results. We exited BAE Systems and took profits in Chemring following strong share price performance and initiated a new position in Trustpilot. The direct equity holdings returned -£0.14m (-1.3%). The losses were offset by gains in the non-qualifying fixed income portfolio, which returned +£0.35m.

    We released £0.99m of liquidity through the sale of the Next 3.0% 2026 bond, again to support scheduled dividend payments. The average maturity of the current portfolio of six investment grade corporate bonds is just over two years with an average yield to maturity of 4.9%. This part of the Company’s portfolio is expected to generate annual income of approximately £0.85m.

    Portfolio structure 

    The VCT is comfortably through the HMRC defined investment test and ended the period at 92.29% invested as measured by the HMRC investment test.

    The market for new Qualifying Investment remained very subdued with just two VCT qualifying IPOs within the 12 months to 31 March 2025. Within the period under review, AIM VCTs invested £27.2m across 17 companies. We were measured in our deployment of capital, investing £3.6m into five companies. The new Qualifying Investments included follow on investments into Rosslyn Data Technologies and Oberon Investments Group. We invested in one IPO, RC Fornax, in addition to two new equity investments into existing AIM companies, Feedback and IXICO.

    Feedback. The company provides software solutions for the NHS which deliver secure, compliant clinical workforce tools and data management. The company’s flagship product, Bleepa, is a secure, cloud-based platform that enables healthcare professionals to share and view medical images, as well as notes and other records between primary and secondary care settings. The company has secured partnerships with both a primary care record provider and an IT consultancy to implement the solution. The VCT invested as part of a £6.1m fundraise in November 2024.

    IXICO. The company is a contract research organisation which provides tech-enabled imaging analysis services to pharma companies conducting clinical trials in neurological diseases, with a focus on Huntingdon’s disease, Alzheimer’s disease and Parkinson’s disease. The company has a network of more than 1,000 qualified sites and currently works with 18 pharma clients across 26 studies. The VCT invested as part of a £4m fundraise in October 2024.

    RC Fornax. The company is an engineering consultancy founded by former RAF engineers which serves the defence industry. The VCT invested as part of the AIM IPO in February 2025 which raised £3.7m.

    Within the qualifying portfolio, we exited through takeover Equals Group, Intelligent Ultrasound and Learning Technologies Group. The Equals Group exit valuation of £277m resulted in a gain of 141% over book cost. The Learning Technologies Group exit valued the company at £858m, a gain of 376% over book cost. We also sold our investments in Gfinity and Surface Transforms following poor performance and reduced our holding in Cohort following a period of strong share price performance.

    By market value, the VCT had an increased 58.4% (Sep 24: 56.0%) weighting to Qualifying Investments, an increased 14.2% (Sep 24: 12.9%) weighting to non-qualifying fixed income, a reduced combined 11.9% (Sep 24: 13.4%) weighting to the IFSL Marlborough UK Micro-Cap Growth Fund and IFSL Marlborough Special Situations Fund following disposals, and a reduced 7.3% (Sep 24: 8.1%) weighting to non-qualifying direct equities. New investment into Qualifying Companies and the return of capital through dividend distributions resulted in a reduced weighting to cash of 7.6%(1) (Sep 24: 9.3%(1)) of net assets despite inflows from the offer for subscription and the sale of Qualifying and Non-Qualifying Investments.

    The HMRC investment tests are set out in Chapter 3 of Part 6, ITA , which should be read in conjunction with this Investment Manager’s report. Funds raised by VCTs are first included in the investment tests from the start of the accounting period containing the third anniversary of the date on which the funds were raised. Therefore, the allocation of Qualifying Investments as defined by the VCT Rules can be different to the portfolio weighting as measured by market value relative to the net assets of the VCT.

    Outlook

    Although tail risks remain, broadly speaking the US appears to be inching towards a more moderate and workable position on trade policy. Whilst equity markets have quickly moved to price in a benign outcome, other measures such as borrowing costs and exchange rates continue to signal concern about the medium and long term impact on the US. Historically, this would be perceived as a major risk for the global economy; however, in a multi-polar world, there is potential for a moderate decoupling.

    Back at home, the government has completed two reviews that have shown increased support for defence, healthcare and housebuilding. We have good exposure to the first two. There continues to be much discussion about the outlook for the UK as a leading financial hub and the manner in which we support our growth companies. This debate will continue for some time; however, we draw comfort from the level of engagement by a variety of stakeholders. Greater and more coordinated support for the broader growth ecosystem, even if in areas that are adjacent to where we operate, will provide welcome second order benefits.

    This has fed through to AIM, which has been strongly positive since the post ‘Liberation Day’ correction with the index moving higher as investors react to the growth and value opportunity. It remains too early to comment on the durability of the rally but the foundations are being laid. Whilst government spending, as recently outlined, will support the UK growth story for several years to come; we will need to wait until the 2025 Autumn Budget to see whether this is offset by further changes to tax policy.

    We continue to see signs that deal flow is improving, albeit slowly. UK fund flows remain negative; that is the missing piece that must fall into place before investors can finally feel that a corner may have been turned.

    END

    For further information, please contact:

    Canaccord Genuity Asset Management
    Oliver Bedford
     +44 20 7523 4837
    JTC (UK) Limited
    Uloma Adighibe
    Alexandria Tivey
    HHV.CoSec@jtcgroup.com
    +44 203 832 3877
    +44 203 832 3891

    LEI: 213800LRYA19A69SIT31        

    The MIL Network

  • MIL-OSI Russia: What to do this coming weekend at the Summer in Moscow project sites

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    The events of the large-scale project “Summer in Moscow” continue in the capital. We tell you where you can go with your whole family on June 20, 21 and 22. Most events are free to attend, but some require registration.

    Rock, Paper, Scissors Championship

    A large-scale championship in the game “Rock, Paper, Scissors” is held at the project sites. Every day, children and adults can compete on Tverskoy Boulevard.

    On June 20, the game will be held in Severnoye Butovo Park (Feodosiyskaya Street, Building 7, Building 6). On June 21, you can play on the Moskovskikh Sezonov site on Teply Stan Street (Building 1b). On June 22, the competition will be held in Akademichesky Park (Dmitrya Ulyanov Street, Building 9a, Building 1). The sites will be open from 15:00 to 20:00.

    Tournament “Heroes of the Chessboard. Moscow”

    On June 22 from 12:00 to 16:00 the next competitions of the tournament “Heroes of the Chessboard. Moscow” will take place. To participate you need to register.

    An open series of blitz chess tournaments is taking place at40 sites all over Moscow – in parks, on boulevards and in the districts.

    Tverskoy Boulevard: Summer Club “Moscow”

    On Tverskoy Boulevard, there is a summer club called “Moscow”, where residents and guests of the capital of all ages can find an event to their liking. They are offered rock climbing and yoga classes, master classes, lectures and much more.

    From June 20 to 22, guests will be able to take part in beauty events dedicated to the graduation party. The space of two pop-up stores will be occupied by Russian brands. In addition, three beauty trucks will be operating on the site. All guests will be offered discounts, gifts, yoga classes, presentations, a photo and video zone with floral elements. And for graduates, a master class on creating perfume will be held.

    Strastnoy Boulevard: Art Studio venue

    The “Art Studio” site operates on Strastnoy Boulevard. Here, professionals help guests master the basics of painting and create unique masterpieces. Participants in outdoor classes paint landscapes and still lifes in various artistic techniques.

    Master classes will be held at two sites every hour from 12:00 to 19:00. On June 20, you can attend watercolor painting classes “Flower Stained Glass” and “Fruit Slices”. On June 21, there will be master classes in pastel technique “Dandelion Field” and “Colorful Houses”. On June 22, guests are invited to master classes in pencil drawing “Summer Pop Art” and “Sunny Day”.

    Music of the past at the vintage market in Kolomenskoye

    The vintage market in Kolomenskoye will be open all summer and will bring together the most famous collectors of the capital, who bring here precious relics of the past: jewelry, household items, figurines, dishes, badges, coins, stamps, rare books and much more.

    From June 20 to 22, guests at the market will learn what the USSR era sounded like and get acquainted with the musical technology of the past.

    The journey through time will take place under the atmospheric sound of gramophone records. Guests of the vintage market will be delighted by the famous radio amateur and blogger Nikita Sharapa, better known as Elektronik, one of the main participants of the project “Made in the USSR”.

    At Nikita Sharapa’s master classes, which will be held these days at 16:00, visitors will learn how gramophones, radios and record players work and how tube sound differs from modern technology. Guests will hear that very crackling of records and the characteristic “warm” analog sound that evokes nostalgia. Nikita will tell you what kind of music devices were created in the USSR and what hits of those times were played on them in every home.

    Chistoprudny Boulevard: “Street. Dances” venue

    On Chistoprudny Boulevard, the “Street. Dances” venue has opened, where master classes for the whole family are held. On weekends, the “Summer in Moscow. Dances” children’s and youth tournament is held here, and anyone can become a spectator.

    On the big stage on June 20 from 18:00 to 19:00 there will be a demonstration performance by the dance group Todes, from 19:00 to 22:00 – a master class in bachata and a dance party. On the same day on the middle stage from 19:00 to 22:30 you can attend a master class in salsa and a dance party.

    On June 21, the main stage will host a qualifying round of children’s competitions from 12:00 to 19:00, and a salsa master class and dance party from 19:00 to 22:30. On the middle stage, from 16:00 to 17:00, you can take part in a master class of the dance community “TantsBaza”. From 19:00 to 22:30, there will be a master class in modern swing and a party of the dance school “Lisoborie”.

    On June 22, from 6:00 PM to 7:00 PM, students of the musical theater of the Russian Institute of Theater Arts — GITIS will perform songs from the war years on the rotunda stage. On the main stage, from 4:00 PM to 6:00 PM, there will be a master class in Argentine tango by the CyberTango dance school, from 6:00 PM to 7:00 PM — demonstration performances by the Todes dance group, from 7:00 PM to 10:30 PM — a salsa master class and a dance party. On the middle stage, from 5:00 PM to 7:00 PM, there will be a master class by the 9 Halls dance school, from 7:00 PM to 10:30 PM — a master class in Dominican bachata and a dance party.

    Bolotnaya Square

    The Green Market pavilion of the Made in Moscow project is open in Repinsky Square on Bolotnaya Square. On June 20, from 6:00 p.m. to 8:30 p.m., test session cosmetics of the capital brand. The factory employees will tell you how to use them and let you test samples.

    On June 21, at 15:00, the Creative hub will host a lesson on making a wax candle, at 16:00 — a meditative lesson on coloring a mandala, and at 17:00 — a unique master class on fashion illustration. At 19:00, everyone will be able to take part in neurographics, where everyone will project their task on a piece of paper using a drawing.

    At the “Microgreens” class in the “Razvitie” hub from 17:00 to 18:00, participants will be taught how to grow microgreens and told about their beneficial properties. At 18:00, a lettering master class will begin. On the veranda from 14:00 to 15:00, Spirit.Fitness will hold a sports master class to develop endurance and flexibility of the body. And at 18:00, the popular game “Mafia” will take place.

    Revolution Square: Leto Department Store

    This summer, the department store of Russian designers “Leto” is open on Revolution Square. Everyone can not only try on clothes they like and update their wardrobe, but also listen to lectures, take part in master classes and even watch performances.

    On June 21 from 4:00 PM to 5:30 PM you can listen to a lecture on “The History of Flower Etiquette”. Guests will learn about the importance of flowers in the life of Russian society and the bouquet fashion of the 19th century.

    From 18:00 to 19:30 there will be a master class oninterior bouquet Ksenia Mezentseva, designer-decorator, researcher of Russian and foreign traditions, and the Sota flowers floristic team.

    Festival “Book in the City”: venue in Pushkin Square

    On June 21 from 20:40 to 21:30, cellist Anastasia Vesnina will perform at the “Book in the City” venue in Pushkin Square (near house 2 on Pushkin Square).

    On June 22 from 16:00 to 17:00 there will be a presentation of the book “Letters of Lidochka M”. The collection-document tells about Lida Makeeva, a young reader of the library, whose childhood fell on the years of the Great Patriotic War. On the same day from 18:00 to 19:00 there will be a creative meeting with the actor of theater and cinema Anton Shagin and a presentation of his book “Neblyandiya. Poems for children”.

    Circus divertissements

    On June 20, 21 and 22, there will be circus entertainment for the whole family. Aerial gymnasts, equilibrists, jugglers, clowns and four-legged artists will perform for guests in the Moskino Cinema Park and Izmailovsky Park. Also on June 20, the third tent will open in the Yuzhnoye Butovo Landscape Park. Spectators will be able to see acrobatic numbers, clown skits and exciting stunts with the participation of artists from the famous Bolshoi Moscow Circus on Vernadsky Avenue.

    The performances will run throughout the summer season. On Fridays, performances are from 7:00 PM to 8:30 PM, and on Saturdays and Sundays, from 2:00 PM to 3:30 PM and 6:00 PM to 7:30 PM. You can find out more and buy tickets atofficial website project.

    Yoga classes

    On June 21, fans of the most popular Eastern health practice will gather at the helipad near the Michurinsky Garden of VDNKh to celebrate the XI International Day of Yoga.

    From 09:00 to 19:00 there will be sessions for visitors of any level of training, master classes on drawing mandalas and playing the hang, lectures on Ayurveda and meditation, as well as live performances by musicians. Creative events and dishes of traditional Indian cuisine will complement the festive atmosphere. To visit, you must register on the portal Ruspass.

    In addition, yoga classes are held every weekend on the roofs of the district centers “Meeting Place” as part of the project “My Sports District”Adults over 18 years of age can join them.

    The training sessions will be held at 12 sites in five districts of Moscow: SAO — “Meeting Place “Prague”, “Meeting Place “Rassvet”, “Meeting Place “Neva””; VAO — “Meeting Place “Yantar”, “Meeting Place “Sofia”, “Meeting Place “Budapest”, “Meeting Place “Mars””; SAO — “Meeting Place “Elbrus”, “Meeting Place “Angara”, “Meeting Place “Orbita””; YuVAO — “Meeting Place “Height” and “Meeting Place “Ekran””. On June 21, the classes will begin at 11:45. It is necessary register.

    The project also invites you to engage in physical education in unusual places “Sports Weekend”. Yoga classes are held on Saturdays at 50 venues, including such picturesque places as the Vorontsovo Estate, the Hermitage Garden, Khodynka Field Park, the Muzeon Arts Park, Victory Park and others. In addition, the project includes 13 festival venues in different areas of Moscow. To attend the classes, you must register.

    Events in the parks

    In Izmailovsky Park of Culture and Leisure (Bolshoy Krug Alley, Building 7) on June 21 from 12:00 to 19:00 retro studio. Visitors will be able to feel like representatives of the 19th century nobility. They will be offered to try on images of bygone eras and take photos in costumes as a keepsake.

    A master class will be held in Kuzminsky Park (house 1, building 2) on June 21 from 12:00 to 14:00 “Noble accessories. Brooches”Participants will learn about the history of jewelry, its symbolism, and will also make an exquisite brooch under the guidance of a master.

    On June 21, from 12:00 to 19:00 (with breaks), the Kuzminki estate will host noble promenade. Guests will stroll through a picturesque park, discuss books they have read, and listen to romances with a guitar. They will be able to learn the rules of etiquette and learn fashionable social dances of the 19th century.

    On June 1, from 12:00 to 18:00, Vorontsov Park will host estate gamesVisitors can play lapta, croquet, badminton, gorodki and trinkets, and also visit the throwing range.

    The festival “Gardens and Vegetable Gardens” continues in five parks of the capital. This weekend, about 130 events and master classes have been prepared for visitors. A series of classes on making bookmarks and postcards with fresh flowers, clay panels with plant prints and ecobombing (making balls with seeds that can be taken with you and planted in any convenient place) will be held for children. In addition, a practical lesson “Microgreens” will be held. Experienced experts will also share simple techniques, useful tips and life hacks for a healthy lifestyle.

    Cinema park “Moskino”

    On June 21, from 12:00 to 19:00, the Moskino cinema park will host waltz, quadrille and polka dance lessons every hour. You can take part in them with an entrance ticket to the cinema park.

    You can immerse yourself in the world of film production by participating in the immersive quest performance “Film! Film! Film!” It will take place at the “Uyezdny Gorod” site on June 21 from 12:00 to 18:30 (sessions will be held every hour). Visitors will not only see how a film is shot, but will also complete a number of fun tasks, meet the director, producer and actors, and will be able to create their own masterpiece. Participation is included in the price of an entrance ticket to the cinema park.

    On June 22 at 12:00, the Moscow of the 1940s site will host the “We Remember” event, dedicated to the memory of the heroes of the Great Patriotic War. Guests will be able to spell out the word “remember” from red lanterns with lit candles and recall how exactly 83 years ago – on June 22, 1941 – the festive graduation morning was overshadowed by the news of Germany’s treacherous attack on the Soviet Union. At 12:15, there will be a minute of silence.

    In addition, on June 22 at 14:00, 16:00 and 18:00, as part of the Day of Remembrance and Sorrow, the cinema park will show the play “Tish” based on the story “The Dawns Here Are Quiet…” by war veteran writer Boris Vasiliev. The performers are the actors of the Young Muscovites Theatre. Admission is with a ticket to the cinema park.

    For the anniversary of Victory

    On June 21 and 22, two outstanding films about the Great Patriotic War will be shown in Zaryadye Park as part of the Cinema Summer in Zaryadye project: The Cranes Are Flying (1957) and Brest Fortress (2010). The screenings will begin at 22:15. The films will be presented by Honored Artist of Russia Vasily Mishchenko, as well as director, screenwriter, producer and People’s Artist of Russia Igor Ugolnikov. Admission is free.

    Also, as part of the Theatre Weekend festival, on June 22 in Zaryadye Park, on the stage of the large amphitheater, you can see plays and literary and musical productions based on plays by writers who fought in the war and dedicated to the 80th anniversary of victory in the Great Patriotic War. Actors from the Russian Academic Youth Theater will show the play “Amazement Before Life” based on the works of the writer and war veteran Viktor Rozov. Third-year students from the Moscow State Institute of Culture will perform the literary and musical composition “Frontline Brigades.” The play “On a Clear Day,” based on a story by Viktor Astafyev, will be presented by actors from the Donetsk Republican Youth Theater. Actors from the Moscow Sovremennik Theater will show fragments of the play “A Tale. The story of extraordinary love, and the students of the Moscow Art Theatre School will present the musical and literary program Russian Poets about the Great Patriotic War, which will feature works by Bulat Okudzhava, Alexander Tvardovsky, Andrei Voznesensky, Olga Bergolts, Vladimir Lugovskoy, Yunna Moritz and other authors. People’s Artist of Russia Konstantin Raikin will read the poem Snowfall by David Samoilov. The festival program will end with a concert by actors from the Central Academic Theatre of the Russian Army.

    Festival “Theatre Boulevard”

    On June 22 at 15:00, the amphitheater on Pokrovsky Boulevard will show the concert performance “It happened, the men left…” Actresses from the Moscow Drama Theater named after A.S. Pushkin will take part in the production.

    The project “Unconquered Kursk” will begin here on June 22 at 21:00. Guests will learn more than 200 real stories of veterans of the Battle of Kursk and modern defenders of the Fatherland.

    On June 22 at 8:00 pm, the amphitheater in the Polytech Museum Park will host the play “Children of War”. It is based on letters from children and parents from the front, archival materials and memories, into which war songs are woven.

    On the stage on Chistoprudny Boulevard on June 22 at 18:00 the performance-concert “May Waltz” will begin. It is dedicated to the artists of the front brigades who performed in dugouts, hospitals, factory workshops and on ships.

    The third festival “Theatre Weekend” will be held in Zaryadye Park on June 21 and 22. It will provide an opportunity to get acquainted with both recognized stage masters and talented debutants, opening up new horizons of theatrical art.

    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 programs 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 this season will be more eventful: new, original and colorful festivals and events will be added to the traditional ones.

    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/155437073/

    MIL OSI Russia News

  • MIL-Evening Report: Is Meghan, Duchess of Sussex, right? Can dancing or twerking really bring on labour?

    Source: The Conversation (Au and NZ) – By Hannah Dahlen, Professor of Midwifery, Associate Dean Research and HDR, Midwifery Discipline Leader, Western Sydney University

    Meghan, Duchess of Sussex is back in the news this week in a podcast discussing her viral “baby mama” video.

    The video was made four years ago when she gave birth to daughter Lilibet, but only released recently. It shows the duchess in hospital, heavily pregnant, dancing and twerking to bring on labour. Her husband, Prince Harry, dances too.

    She wrote on Instagram:

    Both of our children were a week past their due dates […] so when spicy food, all that walking, and acupuncture didn’t work – there was only one thing left to do!

    The video follows the trend of other celebrities sharing similar videos of themselves dancing while heavily pregnant.

    So does the Duchess of Sussex have a point? Can dancing really bring on labour?

    First, how about dancing during pregnancy?

    Exercise is recommended during pregnancy, and while some higher-impact exercises may need to be moderated, it carries minimal risk for healthy women and their babies. In fact, evidence shows regular exercise during pregnancy is associated with a variety of benefits.

    Exercise can lead to a lower risk of gestational diabetes, caesarean section, the use of forceps and vacuum during birth and perinatal mental health problems, as well as quicker postpartum recovery.

    While pregnant women might more often gravitate towards a brisk walk, some laps in the pool, or a group exercise class, dancing is a good option too. The American College of Obstetricians and Gynecologists has even listed dance as one of the forms of exercise found to be safe and beneficial during pregnancy.

    The movements of dance involve the hips and pelvic area (especially twerking) which may help the baby get into a more optimal position and tone the pelvic floor, though the evidence for this is lacking.

    Choose any form of dancing you like – even belly dancing. In a small qualitative study with two pregnant women, belly dancing was found to be joyful and empowering, boosting feelings of wellbeing.

    You can dance any time during pregnancy but you may need to adapt your dance moves as the pregnancy advances and your growing belly gets in the way.

    If you have risk factors such as bleeding it’s best to be cautious and discuss any planned dancing with your health-care provider.

    Music can also play an important role in mental health, as well as reducing pain, blood pressure and heart rate. So the combination of exercise with music, in the form of dance, could have added benefits.

    A man and a pregnant woman dancing together.
    Exercise is recommended during pregnancy – so why not try dancing?
    sandsun/Shutterstock

    What about dancing to induce labour, and during labour?

    Meghan is not the first woman to report dancing to induce their labour, but this is all anecdotal. There’s no scientific evidence to show dancing is an effective way to bring on labour.

    There is perhaps slightly more evidence suggesting benefits once labour has started.

    Many women seek non-pharmacological options (not involving medications) during labour. Especially early in labour, dancing may decrease the intensity of pain and lead women to feel more satisfied and in control of their labour.

    In one study, 60 women were randomly allocated to either dance during labour, or not. The dancing group had significantly lower pain scores and higher satisfaction than the control group.

    And again, music can lower levels of pain in early labour. So combining relaxing music with some movement could be a good thing.

    Dancing to your comfort levels during labour could be helpful due to the combination of pelvic movements, being upright, moving the body rhythmically and changing the position of the body frequently.

    Evidence shows being upright and moving during labour is beneficial as it enables the pelvis to open up fully to let the baby through and reduces the length of labour.

    Being upright and moving could also help transfer some pressure from the baby’s head onto the cervix, which can stimulate prostaglandin, a key chemical involved in progressing labour.

    It’s been suggested dancing during labour could help get the baby into a better position for delivery and therefore help labour to proceed more smoothly and quickly. But ultimately we don’t have reliable evidence to substantiate these hypotheses.

    So, did Meghan induce her labour with dance?

    It’s unclear if dancing helped to induce the duchess’ labour as she was in hospital and may have later had a medical or surgical induction.

    Labour can be medically induced with hormones, by using a balloon-shaped catheter placed in the woman’s cervix to open it up, or by breaking the bag of water around the baby.

    Alternatively, Meghan’s labour may have eventually begun naturally without her dancing having played a role if she chose to wait another few days.

    However, the joy on her face and connection and support of her husband Prince Harry is a good way to increase oxytocin, a hormone that stimulates contractions. This could have helped too.

    Meghan may have been on the right track, but we need more research before we can confidently recommend dancing to bring on or during labour.

    In the meantime, while there’s no evidence to show dancing is effective for inducing labour, it’s highly unlikely to have any downsides – and it may contribute to a more positive childbirth experience. So, if you feel inclined, I say dance away.

    The Conversation

    Hannah Dahlen receives funding from the Australian Research Council and the National Health and Medical Research Council.

    ref. Is Meghan, Duchess of Sussex, right? Can dancing or twerking really bring on labour? – https://theconversation.com/is-meghan-duchess-of-sussex-right-can-dancing-or-twerking-really-bring-on-labour-259257

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI: SBM Offshore signs an operations and maintenance contract for FPSO GranMorgu with TotalEnergies

    Source: GlobeNewswire (MIL-OSI)

    Amsterdam, June 19, 2025

    SBM Offshore announces that it has signed an operations and maintenance contract with TotalEnergies EP Suriname B.V., an affiliate of TotalEnergies, for the FPSO GranMorgu, as part of the field development project located in Block 58 in Suriname.

    The operations and maintenance contract covers the operation readiness phase before first oil as well as the operations and maintenance services for a minimal period of two years after first oil with extension options.

    This contract reinforces SBM Offshore’s long-term strategic partnership with TotalEnergies and marks a significant milestone as SBM Offshore becomes the first FPSO operator in Suriname. It is a testimony to SBM Offshore’s focus on excellence throughout the entire project’s lifecycle, from the allocation of our eighth Fast4Ward® MPF hull to our extensive experience in asset management supporting TotalEnergies’ operations.

            

    Corporate Profile

    SBM Offshore is the world’s deepwater ocean-infrastructure expert. Through the design, construction, installation, and operation of offshore floating facilities, we play a pivotal role in a just transition. By advancing our core, we deliver cleaner, more efficient energy production. By pioneering more, we unlock new markets within the blue economy. 
    More than 7,800 SBMers collaborate worldwide to deliver innovative solutions as a responsible partner towards a sustainable future, balancing ocean protection with progress.
    For further information, please visit our website at www.sbmoffshore.com.

    Financial Calendar   Date Year
    Half Year 2025 Earnings   August 7 2025
    Third Quarter 2025 Trading Update   November 13 2025
    Full Year 2025 Earnings   February 26 2026
    Annual General Meeting   April 15 2026
    First Quarter 2026 Trading Update   May 7 2026

    For further information, please contact:

    Investor Relations

    Wouter Holties
    Corporate Finance & Investor Relations Manager

    Media Relations

    Giampaolo Arghittu
    Head of External Relations

    Market Abuse Regulation

    This press release may contain inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.

    Disclaimer

    Some of the statements contained in this release that are not historical facts are statements of future expectations and other forward-looking statements based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those in such statements. These statements may be identified by words such as ‘expect’, ‘should’, ‘could’, ‘shall’ and / or similar expressions. Such forward-looking statements are subject to various risks and uncertainties. The principal risks which could affect the future operations of SBM Offshore N.V. are described in the ‘Impacts, Risks and Opportunities’ section of the 2024 Annual Report.

    Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results and performance of the Company’s business may vary materially and adversely from the forward-looking statements described in this release. SBM Offshore does not intend and does not assume any obligation to update any industry information or forward-looking statements set forth in this release to reflect new information, subsequent events or otherwise.

    This release contains certain alternative performance measures (APMs) as defined by the ESMA guidelines which are not defined under IFRS. Further information on these APMs is included in the 2024 Annual Report, available on our website Annual Reports – SBM Offshore.

    Nothing in this release shall be deemed an offer to sell, or a solicitation of an offer to buy, any securities. The companies in which SBM Offshore N.V. directly and indirectly owns investments are separate legal entities. In this release “SBM Offshore” and “SBM” are sometimes used for convenience where references are made to SBM Offshore N.V. and its subsidiaries in general. These expressions are also used where no useful purpose is served by identifying the particular company or companies.

    “SBM Offshore®“, the SBM logomark, “Fast4Ward®”, “emissionZERO®” and “F4W®” are proprietary marks owned by SBM Offshore.

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    The MIL Network

  • MIL-OSI Australia: Call for information – Property Damage – Katherine

    Source: Northern Territory Police and Fire Services

    The Northern Territory Police Force are calling for information after four vehicles were damaged at a block of units along Grevillea Road in Katherine East overnight.

    Police received reports this morning that four vehicles were damaged within the area and upon review of available CCTV footage it was identified that there were two suspects involved. Police believe the two also allegedly continued to canvass nearby properties throughout the night.

    The persons of interest are believed to be youths, with one wearing a red hoodie with black sleeves, and the other wearing a camouflage patterned black and white hoodie.

    If anyone has any information in relation to this incident, particularly those who may have CCTV footage from the area to contact police on 131 444. Please reference job number NTP2500062353. You can anonymously report crime via Crime Stoppers on 1800 333 000.

    MIL OSI News

  • MIL-OSI Russia: What events for children and adults will the capital’s NGOs organize in June

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    The capital’s non-profit organizations (NPOs) invite city residents to exciting events for children and adults. They will be held from June 26 to 30. Guests will enjoy a charity run, an intellectual game, “Cornflower Picnic” and a theater festival. To participate in some events, you must register and make a fee. All funds raised will go to support the wards of socially oriented NPOs, including seriously ill children and adults.

    Those who want to support people with hearing and vision impairments should attend the foundation’s events. “Compound”. They will be dedicated to the Day of the Deaf-Blind Person. It is celebrated in Russia and other countries on June 27. Thus, the Tsvetnoy Theater (Tsvetnoy Boulevard, Building 11, Building 2) will host the Not Alone in the Dark festival on June 26 and 27. The So-edinenie Foundation is organizing it with the support of grants from the Mayor of Moscow for socially oriented NGOs. On the first day of the event at 18:30, there will be a presentation of the books I Speak: Conversations with Deaf-Blind People and Lost and Found Light: Monologues of Deaf-Blind People. After that, everyone will be able to attend a lesson on fingerspelling. Its participants will learn a special skill – conveying words using gestures. And at 20:00, the theater stage will show the play Carmen. Deaf-blind actors from the Inclusion Creative Projects Center will be involved in the modern production of Prosper Mérimée’s novella. For attending a performance You need to register.

    The next day, June 27, Muscovites are invited to listen to performances by friends of the foundation and participants in the literary competition “Co-creation”. At 18:30 they will read works of various genres on stage, including their own compositions. At 20:00 guests will be presented with the play “Touchables 3.0”. The production was created jointly by the “So-edinenie” foundation and the Moscow Theater of Nations. Sighted and deaf-blind actors will tell the audience personal stories about love, dreams, fears and overcoming them. The play will be translated into sign language and subtitles. After the viewing, viewers will have the opportunity to attend a creative meeting with the artists. You can register for the play atlink.

    And on June 30, the So-edinenie foundation will organize the intellectual game “What? Where? When?”. It will be held in two rounds of 12 questions each. The host will be the master of the game “What? Where? When?” Maxim Potashev. Anyone can take part. To do this, you need to register a team of up to six people onwebsite and make a charitable contribution. If there is no team, then when registering, you need to select the option “I’m alone for now”. The event will take place at 13 Bolshaya Dmitrovka Street, starting at 8:00 PM. The funds raised will go to help the ward of the So-edinenie foundation – twelve-year-old deaf-blind Maria. Thanks to this, the girl will be able to move around the house, study and do her favorite thing – music.

    Sports enthusiasts are invited to join the “It’s Time to Live” race on June 28. It will be held in Victory Park on Poklonnaya Hill. The event is organized by Leukemia Foundation. People of any age can take part in the race. Four distances of one, two, five and 10 kilometers have been prepared for them. Participants will be able to choose a suitable route depending on their level of training and capabilities. In addition to the individual race, a team relay race will be held in Victory Park. Each of the four athletes in the team will have to run five kilometers. The winner of the competition will be awarded a special prize – the Leukemia Foundation Cup. To participate in all sports events, you must first obtain permission from a doctor and the appropriate certificate.

    All participants and guests of sports events will be able to undergo typing – give a blood sample for molecular genetic testing for the possibility of becoming a bone marrow donor. This is a completely safe procedure, it will take no more than five minutes. Thanks to such assistance, patients who need a bone marrow transplant will have a chance to find a donor faster.

    The Leukemia Foundation is holding such races for the fourth time. More than eight thousand Muscovites have already taken part in them. Over 32 million rubles have been collected for the organization. All funds were used to treat the people under its care. More detailed information about the “It’s Time to Live” program can be found atwebsite.

    On the same day, June 28, you can visit the foundation’s “Cornflower Picnic” “Live now”. It will be held at the F.A. Ardalionov estate at 51 Dubininskaya Street. The event is organized to support people with amyotrophic lateral sclerosis (ALS). This is a rare disease in which it becomes increasingly difficult for a person to move and breathe. With the support of the Live Now foundation, the wards receive the necessary assistance – medical, psychological, legal, their quality of life significantly improves. The symbol of ALS is a cornflower, as it resembles a human motor neuron, which is affected by this disease. That is why the Live Now foundation’s event is called Cornflower Picnic. It will be held for the 10th time this year. The wards of the foundation, their families, friends, volunteers and all caring people will gather at the F.A. Ardalionov estate. Creative master classes, educational quizzes and a Russian-style tea party with a samovar and bagels will be arranged for the guests of the picnic. The atmosphere of the summer holiday will also be created by musicians. They will perform classical and modern pieces. In addition, all visitors to the Ardalionov estate will be able to see a special exhibition dedicated to amyotrophic lateral sclerosis and the Live Now Foundation until June 30. Those wishing to take part in the picnic must register atlink.

    Non-profit organizations in the capital can receive financial support for their good initiative. To do this, you need to submit an application for the Moscow Mayor’s Grant Competition. In 2025, they will be accepted from June 3. Participants have 12 nominations to choose from. The total budget of the competition is 600 million rubles. The grant amounts depend on the length of the NPO’s work in the capital and the scale of the projects. Organizations with more than a year of experience receive up to five million rubles, with a registration period of six months – up to 500 thousand rubles. In 2024, more than 900 people took part in the competition preparation program. Applications will be accepted until July 3.

    You can find out more about how NGOs are organized and how to help those who otherwise cannot cope on the website “Cities of the Caring”. This project was created with the support of Committee on Public Relations and Youth Policy to develop charity in the capital.

    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/155452073/

    MIL OSI Russia News

  • MIL-OSI Analysis: Jaws at 50: how a single movie changed our perception of white sharks forever

    Source: The Conversation – Global Perspectives – By John Long, Strategic Professor in Palaeontology, Flinders University

    Shane Myers Photography/Shutterstock

    It’s been 50 years since Steven Spielberg’s movie Jaws first cast a terrifying shadow across our screens.

    At a low point during production, Spielberg worried he’d only ever be known for “a big fish story”. The film, however, did not tank.

    Jaws broke box office records and became the highest-grossing movie at the time, only surpassed by the first Star Wars released two years later in 1977.

    A combination of mass advertising, familiar “hero” tropes and old-school showmanship launched Jaws as the first modern blockbuster.

    Hollywood, and our relationship to oceans and the sharks within them, would never be the same.

    The novel Jaws was based on was a bestseller in its own right.
    Snap Shot/Shutterstock

    An unrealistic monster

    In Peter Benchley’s 1974 novel that Jaws is based on, the shark is 6 metres long. For added screen excitement, in the movie it grew to a whopping 7.6 metres.

    However, that’s unrealistically large.

    The average size of a mature great white (Carcharodon carcharias, also known as the white shark) is between 4.6 and 4.9 metres for female sharks and up to 4 metres for male sharks.

    The largest recorded living specimens peak at about 6 metres, with one monster specimen caught in Cuba in 1945 reaching 6.4 metres.

    Earth’s oceans have seen bigger predatory sharks in the past. The biggest one of all time was the megalodon (Otodus megalodon) which lived from 23 to 3 million years ago, and may have been up to 24 metres in length. However, it looked nothing like the modern white shark.

    We don’t know precisely how big the megalodon was, but certainly larger than the great white shark.
    Steveoc 86/Wikimedia Commons, CC BY-SA

    They’re not even directly related – another thing scientists learned quite recently.

    Who was the megalodon, then?

    White sharks first evolved between 6 and 4 million years ago in the shadows of the megalodon. A recent study showed the megalodon’s large serrated teeth show signs of it being a supreme opportunistic super-predator.

    That means it ate just about anything, but especially liked whales and marine mammals.




    Read more:
    Friday essay: Giant shark megalodon was the most powerful superpredator ever. Why did it go extinct?


    But white sharks are not directly related to the megalodon, whose lineage began with a shark called Cretalamna during the age of dinosaurs about 100 million years ago.

    By contrast, the white shark lineage began with an ancient mako shark, Carcharodon hastalis. It was 7 to 8 metres long and had large, similarly shaped teeth to the modern white shark but lacking serrated edges.

    A fossil intermediate species, Carcharodon hubbelli shows the transition over time from weakly serrated to strongly serrated teeth.

    White shark fossil species. Left, the serrated fossil tooth teeth of the extant white shark; right, a similarly shaped unserrated tooth of the extinct giant mako shark which gave rise to white sharks.
    John Long, CC BY

    How did Jaws affect white shark populations?

    Last year, the International Shark Attack File reported 47 unprovoked shark bites to humans worldwide, resulting in seven fatalities. This was well below the previous ten-year average of 70 bites per year; your chances of getting bitten by a shark are extremely rare.

    Following the movies that made up the Jaws franchise, there was an increase in hunting and killing sharks – with a particular focus on great white sharks that were already going into a decline due to overfishing, trophy hunting and lethal control programs.

    Between 80% and 90% of white sharks have disappeared globally since the middle of the 20th century. Recent estimates calculate there are probably less than 500 individual white sharks in Australian waters right now.

    When Jaws first aired, scientists didn’t know how long sharks took to reproduce, or how many offspring a white shark could have each year. We now know it takes about 26 years for a male and 33 years for a female to sexually mature before they can start having pups.

    Data about white shark births is sparse, but recently a 5.6-metre-long female caught on a drum line off the coast of Queensland had just four large pups inside her. This is a very small number. Some large sharks, such as the whale shark, can give birth to up to 300 young.

    Now that we know just how slow they are to breed, it’s clear it will take many decades to reestablish the “pre-Jaws” population of white sharks – important apex predators in the marine ecosystem.

    Charlie Huveneers from Flinders University about to take a tissue sample for research on white sharks. There is still a lot we don’t know about their biology.
    Andrew Fox, Adelaide, CC BY

    Will white sharks survive?

    White sharks are currently listed as vulnerable.

    This classification means if we don’t change the current living conditions for white sharks, including impacts caused by human activities such as commercial fishing, and the impacts of climate change and ocean pollution, they will continue to decline and eventually could go extinct.

    Currently, white sharks are protected in several countries and form the basis for an important tourist industry in Australia, South Africa, western United States and most recently Nova Scotia, Canada.

    These sharks are iconic apex predators that fascinate people. One of us (John) went cage diving with them recently off the Neptune Islands of South Australia and can attest to how breathtaking it is to watch them in their natural environment.

    In terms of economic impact, they are worth far more alive than dead.

    White sharks are a growing tourism draw in several countries.
    Andrew Fox, Adelaide, CC BY

    There’s still much we don’t know about white sharks

    The complete white shark genome was first published only in 2019. It has 4.63 billion base pairs, making it much larger than the human genome (3.2 billion base pairs).

    The genome revealed some surprising things, like how white sharks show strong molecular adaptations for wound-healing processes, and a suite of “genome stability” genes – those used in DNA repair or DNA damage response.

    The transcriptome (or sum total of the messenger RNA) of the white shark showed greater similarity to the human transcriptome than to that of other fishes. This hints that “unexpressed genes” in the shark could one day play a role in uncovering genetic pathways for potential cures in human diseases.

    Jaws and its sequels certainly brought white sharks to the attention (and nightmares) of humans, with devastating impacts on how we treated them as a species.

    Our relationship with white sharks reflects our relationship with nature more broadly – a feared antagonist within the current capitalist paradigm; an enemy to be tamed, contained or consumed.

    As we learn more of the peril and potential of these remarkable creatures, we can learn how to live with them, to see beyond our fears and value their role within our delicate ocean ecosystems.

    John Long receives funding from The Australian Research Council.

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

    ref. Jaws at 50: how a single movie changed our perception of white sharks forever – https://theconversation.com/jaws-at-50-how-a-single-movie-changed-our-perception-of-white-sharks-forever-258306

    MIL OSI Analysis

  • MIL-OSI Analysis: Is Sabrina Carpenter’s Man’s Best Friend album cover satire or self-degradation? A psychology expert explores our reactions

    Source: The Conversation – Global Perspectives – By Katrina Muller-Townsend, Lecturer in Psychology, Edith Cowan University

    Island Records

    Sabrina Carpenter’s Man’s Best Friend album cover has fans divided.

    Carpenter poses on all fours, her glossy blond hair grasped by a male figure cropped from the frame. Her wide-eyed expression intensifies an ambiguous performance of subservience, tapping into a visual language tied to female objectification, from classic pin-up imagery to contemporary pop culture.

    The emotionally loaded image plays on her hyper-feminine, tongue-in-cheek pop star persona, forcing us to question where irony ends and objectification begins.

    Is it satire, or self-degradation?

    Up for debate

    At first glance, the cover seems like just another stylised, provocative pop image. It delivers what we’ve come to expect: a bold, ironic twist on the exaggerated Juno-style pose she reinvents on stage.

    To some fans, it’s clever satire: a pop star reclaiming and amplifying her image to mock industry norms. Satire uses exaggeration, irony, or humour to critique power structures – and Carpenter’s pose walks that tightrope.

    To others it crosses a line, reinforcing regressive attitudes about women’s sexuality and drawing criticism from domestic violence advocates.

    The debate reflects our unresolved discomfort about gender, power and control. There is a tension between Carpenter’s ironic persona and the submissive pose, creating uncertainty for the viewer.

    We can use psychology to better understand this dichotomy.

    The schema violation

    This mismatch between expectation and perception is a schema violation.

    A schema is a mental shortcut: a template built from experience and unspoken rules that helps us make sense of the world and predict what to expect. When something breaks that pattern, it’s called a schema violation.

    Carpenter’s brand is cheeky, self-aware irony – so when she adopts a pose steeped in submission and hyper-femininity as in this album image, it feels off.

    That can trigger cognitive dissonance: the mental tension we feel when two ideas (here, empowerment and obedience) don’t align.

    To resolve the conflict, some fans reinterpret the image as feminist sarcasm. Others reject it, fearing it panders to outdated, dangerous norms.

    Both reactions reflect our emotional and ideological investments in who Carpenter is or should be.

    Exploring confirmation bias

    Part of this conflicted reaction is driven by confirmation bias: our tendency to filter information to support what we already believe.

    Fans who see Carpenter as witty and empowered interpret the image as intentionally ironic. Others – more sceptical of the industry’s history of exploiting female sexuality – view it as a throwback to damaging norms.

    Either way, our interpretations often reflect more about ourselves than about Carpenter’s intent.

    When her image contradicts both her public persona and our social values, it creates a gap between what we think is right and what we want to be right. So, we try to explain it away, by either defending the image or criticising it.

    Satire and scandal

    Carpenter’s cover follows a long tradition of female artists whose work straddles satire and scandal, complicating public reception.

    Madonna’s Like a Prayer drew outrage for mixing religion with sexual imagery. Yet it positioned her as a provocateur – a woman resisting the lack of agency that so often defines sexualised media.

    Miley Cyrus’ Bangerz era shocked fans with a bold shift from Hannah Montana innocence to hypersexualised rebellion, challenging the narrow roles women in pop culture are confined to.

    Doja Cat’s shift from glam pop princess to glitch villainess unsettled audiences. Was it satire, rebellion, or just chaos?

    These women, like Carpenter, force us to confront our own discomfort with women who won’t stay in one lane.

    Performer and provocateur

    Audience reaction is also shaped by emotional investment in Carpenter’s persona. Through carefully curated social media, interviews and lyrics, fans build intimate narratives forming parasocial relationships – one-sided emotional bonds with celebrities.

    When an image contradicts that imagined persona, it can feel jarring, even like betrayal.

    Audiences often expect idols to be empowering but not polarising, sexy but safe, to challenge norms – but only in ways that affirm our own values.

    Carpenter’s image breaks that implicit contract, which creates discomfort for some viewers.

    Carpenter’s cover raises uncomfortable but necessary questions about how much freedom female artists have to be both critical and complicit. Can they play with society and play along, to be both performer and provocateur?

    This highlights the double bind many women face in media and popular culture. Female artists are expected to both subvert and satisfy; to entertain without offending; empower without alienating. The burden to be palatable and provocative is one male artists rarely face.

    It’s what we make of it

    Is Carpenter undermining herself or subverting the system? Perhaps both. Or perhaps the image isn’t the message: our reaction is.

    The image forces us to confront not only our perception of Sabrina Carpenter but also our cultural discomfort with women who defy neat categorisation. Satire demands interpretation, especially when it comes from women addressing sex or power.

    More than provocation, Carpenter’s cover mirrors our cultural struggle to accept women who defy simple labels of satire or submission. The image can reflect broader social ideals and tensions projected onto public figures.

    What we see says more about our assumptions than her intent. Understanding those reactions doesn’t kill the fun – it deepens it.

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

    ref. Is Sabrina Carpenter’s Man’s Best Friend album cover satire or self-degradation? A psychology expert explores our reactions – https://theconversation.com/is-sabrina-carpenters-mans-best-friend-album-cover-satire-or-self-degradation-a-psychology-expert-explores-our-reactions-259043

    MIL OSI Analysis

  • MIL-OSI New Zealand: Police release further CCTV in a further appeal for Elisabeth Nicholls

    Source: New Zealand Police

    Attributable to Detective Sergeant Lucy Aldridge

    Christchurch Police are releasing the above CCTV images in a further appeal for information on the whereabouts of 79-year-old Elisabeth Nicholls.

    These CCTV images of Lis were taken during her last confirmed sighting at the Chateau on the Park in Riccarton, at around 7.54pm on Wednesday 4 June.

    Since Elisabeth was reported missing, searchers and Police have gone door to door, reviewed CCTV footage, searched the Avon River, and made further extensive enquiries, but we have not been able to find Lis.

    Today, Police deployed a drone in the Riccarton and Hagley Park areas between 8am and midday. We are now in the process of examining these images and reviewing what was captured.

    Police are urging residents in the nearby area who have not yet done so to please check their backyards, sheds and sleepouts, and anywhere where a person could seek shelter on your property.

    We, alongside Lis’ family, are seriously concerned for her wellbeing and are appealing to anyone with information to please contact us.

    For anyone with CCTV, dashcam, or video footage in the Riccarton and Hagley Park areas between 6.40pm on Wednesday 4 June to 8am on Thursday 5 June, please review the footage you have and contact Police if you believe you see Lis.

    When Lis went missing in the Riccarton area, she was physically strong, and may have walked some distance.

    If you see Lis, please ring Police on 111 immediately. If you have information regarding her whereabouts, please contact us online at 105.police.govt.nz, clicking “Update Report” or by calling 105.

    Please use the reference number 250604/5465.

    ENDS

    Issued by Police Media Centre

    MIL OSI New Zealand News

  • MIL-Evening Report: ER Report: A Roundup of Significant Articles on EveningReport.nz for June 19, 2025

    ER Report: Here is a summary of significant articles published on EveningReport.nz on June 19, 2025.

    Australian citizens in Iran and Israel are desperate to leave. Is the government required to help?
    Source: The Conversation (Au and NZ) – By Jane McAdam, Scientia Professor and ARC Laureate Fellow, Kaldor Centre for International Refugee Law, UNSW Sydney As thousands of Australian citizens and permanent residents stuck in Iran and Israel continue to register for repatriation flights, the government is scrambling to find safe ways to evacuate them. With

    Popular period-tracking apps can hold years of personal data – new NZ research finds mixed awareness of risk
    Source: The Conversation (Au and NZ) – By Anna Friedlander, PhD Candidate in Sociology, University of Waikato Shutterstock/Krotnakro Period-tracking apps are popular digital tools for a range of menstrual, reproductive and general health purposes. But the way these apps collect and use data involves risk. Many apps encourage users to log information well beyond their

    Migrating bogong moths use the stars and Earth’s magnetic field to find ancestral summer caves each year
    Source: The Conversation (Au and NZ) – By Eric Warrant, Professor of Zoology at the University of Lund, Visiting Fellow at the Australian National University, and Adjunct Professor, University of South Australia Vik Dunis/iNaturalist, CC BY-NC It’s a warm January summer afternoon, and as I traverse the flower-strewn western slopes of Australia’s highest mountain, Mount

    Jaws at 50: how a single movie changed our perception of white sharks forever
    Source: The Conversation (Au and NZ) – By John Long, Strategic Professor in Palaeontology, Flinders University Shane Myers Photography/Shutterstock It’s been 50 years since Steven Spielberg’s movie Jaws first cast a terrifying shadow across our screens. At a low point during production, Spielberg worried he’d only ever be known for “a big fish story”. The

    Robot eyes are power hungry. What if we gave them tools inspired by the human brain?
    Source: The Conversation (Au and NZ) – By Adam D Hines, Research Fellow, Centre for Robotics, Queensland University of Technology A hexapod robot navigating outdoors. Adam Hines Robots are increasingly becoming a part of our lives – from warehouse automation to robotic vacuum cleaners. And just like humans, robots need to know where they are

    Winter viruses can trigger a heart attack or stroke, our study shows. It’s another good reason to get a flu or COVID shot
    Source: The Conversation (Au and NZ) – By Tu Nguyen, PhD Candidate, Department of Paediatrics, University of Melbourne, Murdoch Children’s Research Institute Irina Shatilova/Shutterstock Winter is here, along with cold days and the inevitable seasonal surge in respiratory viruses. But it’s not only the sniffles we need to worry about. Heart attacks and strokes also

    School playgrounds are one of the main locations for bullying. How can they be set up to stop it?
    Source: The Conversation (Au and NZ) – By Brendon Hyndman, Associate Dean (Academic), Faculty of Arts and Education, Charles Sturt University Dan Kenyon/ Getty Images Children spend thousands of hours in playgrounds at school. A lot of this time does not have the same levels of teacher preparation and supervision as classrooms do. Research shows

    Would you cheat on your tax? It’s a risky move, the tax office knows a lot about you
    Source: The Conversation (Au and NZ) – By Robert B Whait, Senior Lecturer in Taxation Law, University of South Australia Soon, more than 15 million Australians should be lodging a tax return with the Australian Taxation Office in the hope of receiving at least a small refund. About 60% of taxpayers use an accountant to

    Companies are betting on AI to help lift productivity. Workers need to be part of the process
    Source: The Conversation (Au and NZ) – By Llewellyn Spink, AI Corporate Governance Lead, Human Technology Institute, University of Technology Sydney The Conversation, CC BY-NC Australia’s productivity is flatlining, posting the worst vitals we’ve seen in 60 years. Politicians and chief executives are prescribing artificial intelligence (AI) like it’s the new penicillin – a wonder

    Is Sabrina Carpenter’s Man’s Best Friend album cover satire or self-degradation? A psychology expert explores our reactions
    Source: The Conversation (Au and NZ) – By Katrina Muller-Townsend, Lecturer in Psychology, Edith Cowan University Island Records Sabrina Carpenter’s Man’s Best Friend album cover has fans divided. Carpenter poses on all fours, her glossy blond hair grasped by a male figure cropped from the frame. Her wide-eyed expression intensifies an ambiguous performance of subservience,

    Kicked out for coming out: more than half of LGBTIQ+ flatmates face discrimination for their identity
    Source: The Conversation (Au and NZ) – By Brodie Fraser, Senior Research Fellow, He Kāinga Oranga Housing and Health Research Programme, University of Otago Sangar Akreyi/Getty Images People who belong to the LGBTIQ+ community say flatting is fraught with difficulties that go well beyond learning new routines and sharing space with strangers. Our new research

    Tracing the Drax family’s millions – a story of British landed gentry, slavery and sugar plantations
    Source: The Conversation (Au and NZ) – By Paul Lashmar, Reader in Journalism, City St George’s, University of London ‘Planting the sugar-cane’: vast fortunes were made from the trades in both sugar and human slaves in the Americas. Schomburg Center for Research in Black Culture, Photographs and Prints Division, The New York Public Library Rich

    Nineteen Eighty-Four might have been inspired by George Orwell’s fear of drowning
    Source: The Conversation (Au and NZ) – By Nathan Waddell, Associate Professor in Twentieth-Century Literature, University of Birmingham George Orwell had a traumatic relationship with the sea. In August 1947, while he was writing Nineteen Eighty-Four (1949) on the island of Jura in the Scottish Hebrides, he went on a fishing trip with his young

    What happens when aid is cut to a large refugee camp? Kenyan study paints a bleak picture
    Source: The Conversation (Au and NZ) – By Olivier Sterck, Associate professor, University of Oxford Humanitarian needs are rising around the world. At the same time, major donors such as the US and the UK are pulling back support, placing increasing strain on already overstretched aid systems. Global humanitarian needs have quadrupled since 2015, driven

    Grok’s ‘white genocide’ responses show how generative AI can be weaponized
    Source: The Conversation (Au and NZ) – By James Foulds, Associate Professor of Information Systems, University of Maryland, Baltimore County Someone altered the AI chatbot Grok to make it insert text about a debunked conspiracy theory in unrelated responses. Cheng Xin/Getty Images The AI chatbot Grok spent one day in May 2025 spreading debunked conspiracy

    Politics with Michelle Grattan: an ‘impatient’ Jim Chalmers on taking political risks in Labor’s second term
    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra Asanka Ratnayake/Getty Images While the world’s media is largely focused on conflict in the Middle East, the focus for many Australians remains at home, with the government preparing the long task ahead of trying to lift Australia’s productivity. Last week,

    View from The Hill: Jim Chalmers wants to get on with economic reform and tax is in his sights
    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra Jim Chalmers speaking to the National Press Club June 18, 2025. Screenshot from the ABC Broadcast, CC BY-NC Jim Chalmers cast his Wednesday National Press Club speech as a second instalment in a two-part presentation that was kicked off by

    Iran’s long history of revolution, defiance and outside interference – and why its future is so uncertain
    Source: The Conversation (Au and NZ) – By Amin Saikal, Emeritus Professor of Middle Eastern and Central Asian Studies, Australian National University; and Vice Chancellor’s Strategic Fellow, Victoria University Israeli Prime Minister Benjamin Netanyahu has gone beyond his initial aim of destroying Iran’s ability to produce nuclear weapons. He has called on the Iranian people

    95 lawyers demand stronger NZ stand over Israel amid Middle East tensions
    Asia Pacific Report Ninety-five New Zealand lawyers — including nine king’s counsel — have signed a letter demanding Prime Minister Christopher Luxon, Foreign Minister Winston Peters and two other ministers urge the government to take a stronger stand against Israel’s “catastrophic” actions in Gaza. The letter has been sent amid rising tensions in the region,

    Gay and bisexual men will soon be able to donate blood and plasma
    Source: The Conversation (Au and NZ) – By Yasmin Mowat, Clinical Project Manager, Kirby Institute, UNSW Sydney AnnaStills/Getty Images Many gay and bisexual men have been excluded from donating blood and plasma (the liquid portion of blood) for decades because of rules developed during the HIV crisis in the 1980s. The Australian Red Cross’ blood

    MIL OSI AnalysisEveningReport.nz

  • MIL-Evening Report: ER Report: A Roundup of Significant Articles on EveningReport.nz for June 19, 2025

    ER Report: Here is a summary of significant articles published on EveningReport.nz on June 19, 2025.

    Australian citizens in Iran and Israel are desperate to leave. Is the government required to help?
    Source: The Conversation (Au and NZ) – By Jane McAdam, Scientia Professor and ARC Laureate Fellow, Kaldor Centre for International Refugee Law, UNSW Sydney As thousands of Australian citizens and permanent residents stuck in Iran and Israel continue to register for repatriation flights, the government is scrambling to find safe ways to evacuate them. With

    Popular period-tracking apps can hold years of personal data – new NZ research finds mixed awareness of risk
    Source: The Conversation (Au and NZ) – By Anna Friedlander, PhD Candidate in Sociology, University of Waikato Shutterstock/Krotnakro Period-tracking apps are popular digital tools for a range of menstrual, reproductive and general health purposes. But the way these apps collect and use data involves risk. Many apps encourage users to log information well beyond their

    Migrating bogong moths use the stars and Earth’s magnetic field to find ancestral summer caves each year
    Source: The Conversation (Au and NZ) – By Eric Warrant, Professor of Zoology at the University of Lund, Visiting Fellow at the Australian National University, and Adjunct Professor, University of South Australia Vik Dunis/iNaturalist, CC BY-NC It’s a warm January summer afternoon, and as I traverse the flower-strewn western slopes of Australia’s highest mountain, Mount

    Jaws at 50: how a single movie changed our perception of white sharks forever
    Source: The Conversation (Au and NZ) – By John Long, Strategic Professor in Palaeontology, Flinders University Shane Myers Photography/Shutterstock It’s been 50 years since Steven Spielberg’s movie Jaws first cast a terrifying shadow across our screens. At a low point during production, Spielberg worried he’d only ever be known for “a big fish story”. The

    Robot eyes are power hungry. What if we gave them tools inspired by the human brain?
    Source: The Conversation (Au and NZ) – By Adam D Hines, Research Fellow, Centre for Robotics, Queensland University of Technology A hexapod robot navigating outdoors. Adam Hines Robots are increasingly becoming a part of our lives – from warehouse automation to robotic vacuum cleaners. And just like humans, robots need to know where they are

    Winter viruses can trigger a heart attack or stroke, our study shows. It’s another good reason to get a flu or COVID shot
    Source: The Conversation (Au and NZ) – By Tu Nguyen, PhD Candidate, Department of Paediatrics, University of Melbourne, Murdoch Children’s Research Institute Irina Shatilova/Shutterstock Winter is here, along with cold days and the inevitable seasonal surge in respiratory viruses. But it’s not only the sniffles we need to worry about. Heart attacks and strokes also

    School playgrounds are one of the main locations for bullying. How can they be set up to stop it?
    Source: The Conversation (Au and NZ) – By Brendon Hyndman, Associate Dean (Academic), Faculty of Arts and Education, Charles Sturt University Dan Kenyon/ Getty Images Children spend thousands of hours in playgrounds at school. A lot of this time does not have the same levels of teacher preparation and supervision as classrooms do. Research shows

    Would you cheat on your tax? It’s a risky move, the tax office knows a lot about you
    Source: The Conversation (Au and NZ) – By Robert B Whait, Senior Lecturer in Taxation Law, University of South Australia Soon, more than 15 million Australians should be lodging a tax return with the Australian Taxation Office in the hope of receiving at least a small refund. About 60% of taxpayers use an accountant to

    Companies are betting on AI to help lift productivity. Workers need to be part of the process
    Source: The Conversation (Au and NZ) – By Llewellyn Spink, AI Corporate Governance Lead, Human Technology Institute, University of Technology Sydney The Conversation, CC BY-NC Australia’s productivity is flatlining, posting the worst vitals we’ve seen in 60 years. Politicians and chief executives are prescribing artificial intelligence (AI) like it’s the new penicillin – a wonder

    Is Sabrina Carpenter’s Man’s Best Friend album cover satire or self-degradation? A psychology expert explores our reactions
    Source: The Conversation (Au and NZ) – By Katrina Muller-Townsend, Lecturer in Psychology, Edith Cowan University Island Records Sabrina Carpenter’s Man’s Best Friend album cover has fans divided. Carpenter poses on all fours, her glossy blond hair grasped by a male figure cropped from the frame. Her wide-eyed expression intensifies an ambiguous performance of subservience,

    Kicked out for coming out: more than half of LGBTIQ+ flatmates face discrimination for their identity
    Source: The Conversation (Au and NZ) – By Brodie Fraser, Senior Research Fellow, He Kāinga Oranga Housing and Health Research Programme, University of Otago Sangar Akreyi/Getty Images People who belong to the LGBTIQ+ community say flatting is fraught with difficulties that go well beyond learning new routines and sharing space with strangers. Our new research

    Tracing the Drax family’s millions – a story of British landed gentry, slavery and sugar plantations
    Source: The Conversation (Au and NZ) – By Paul Lashmar, Reader in Journalism, City St George’s, University of London ‘Planting the sugar-cane’: vast fortunes were made from the trades in both sugar and human slaves in the Americas. Schomburg Center for Research in Black Culture, Photographs and Prints Division, The New York Public Library Rich

    Nineteen Eighty-Four might have been inspired by George Orwell’s fear of drowning
    Source: The Conversation (Au and NZ) – By Nathan Waddell, Associate Professor in Twentieth-Century Literature, University of Birmingham George Orwell had a traumatic relationship with the sea. In August 1947, while he was writing Nineteen Eighty-Four (1949) on the island of Jura in the Scottish Hebrides, he went on a fishing trip with his young

    What happens when aid is cut to a large refugee camp? Kenyan study paints a bleak picture
    Source: The Conversation (Au and NZ) – By Olivier Sterck, Associate professor, University of Oxford Humanitarian needs are rising around the world. At the same time, major donors such as the US and the UK are pulling back support, placing increasing strain on already overstretched aid systems. Global humanitarian needs have quadrupled since 2015, driven

    Grok’s ‘white genocide’ responses show how generative AI can be weaponized
    Source: The Conversation (Au and NZ) – By James Foulds, Associate Professor of Information Systems, University of Maryland, Baltimore County Someone altered the AI chatbot Grok to make it insert text about a debunked conspiracy theory in unrelated responses. Cheng Xin/Getty Images The AI chatbot Grok spent one day in May 2025 spreading debunked conspiracy

    Politics with Michelle Grattan: an ‘impatient’ Jim Chalmers on taking political risks in Labor’s second term
    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra Asanka Ratnayake/Getty Images While the world’s media is largely focused on conflict in the Middle East, the focus for many Australians remains at home, with the government preparing the long task ahead of trying to lift Australia’s productivity. Last week,

    View from The Hill: Jim Chalmers wants to get on with economic reform and tax is in his sights
    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra Jim Chalmers speaking to the National Press Club June 18, 2025. Screenshot from the ABC Broadcast, CC BY-NC Jim Chalmers cast his Wednesday National Press Club speech as a second instalment in a two-part presentation that was kicked off by

    Iran’s long history of revolution, defiance and outside interference – and why its future is so uncertain
    Source: The Conversation (Au and NZ) – By Amin Saikal, Emeritus Professor of Middle Eastern and Central Asian Studies, Australian National University; and Vice Chancellor’s Strategic Fellow, Victoria University Israeli Prime Minister Benjamin Netanyahu has gone beyond his initial aim of destroying Iran’s ability to produce nuclear weapons. He has called on the Iranian people

    95 lawyers demand stronger NZ stand over Israel amid Middle East tensions
    Asia Pacific Report Ninety-five New Zealand lawyers — including nine king’s counsel — have signed a letter demanding Prime Minister Christopher Luxon, Foreign Minister Winston Peters and two other ministers urge the government to take a stronger stand against Israel’s “catastrophic” actions in Gaza. The letter has been sent amid rising tensions in the region,

    Gay and bisexual men will soon be able to donate blood and plasma
    Source: The Conversation (Au and NZ) – By Yasmin Mowat, Clinical Project Manager, Kirby Institute, UNSW Sydney AnnaStills/Getty Images Many gay and bisexual men have been excluded from donating blood and plasma (the liquid portion of blood) for decades because of rules developed during the HIV crisis in the 1980s. The Australian Red Cross’ blood

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Economics: [Interview] Portals to Memory and Myth: Basim Magdy x Samsung Art TV

    Source: Samsung

     “Time, memory and history must always be revisited and questioned. Art gives us the freedom to do so without constraint.”
    — Basim Magdy, renowned artist
     
    Basim Magdy is a visionary Egyptian artist whose work merges dreamlike imagery with thought-provoking, philosophical narratives. Through layered photography and vibrant, otherworldly visuals, he invites viewers into worlds shaped by memory, myth and speculative futures. Now featured on Samsung Art Store as part of the Art Basel in Basel collection, his distinctive aesthetic brings moments of reflection into daily life.
     

    Magdy’s work reimagines living spaces as portals to imagined futures and poetic memories. Available exclusively on Samsung Art TVs, these pieces blur the line between art and atmosphere to deliver a gallery-quality experience at home. Expert-validated colors reveal every detail of his layered textures and experimental techniques — encouraging deeper engagement and sparking conversation.

     
    Samsung Newsroom sat down with Magdy to explore his creative process and the transformative power of art in everyday environments.
     
    ▲ Artist Basim Magdy poses at Samsung ArtCube at Art Basel in Basel.
     
     
    Partnerships, Presence and Possibilities
    Q: How has Art Basel in Basel played a role in your career?
     
    For over a decade, I’ve attended Art Basel in Basel every year — it continues to be one of the most exciting and inspiring art events for me. A recent highlight was having a large-scale photographic work presented in Art Basel Unlimited in 2022.
     
    This year, alongside the presentation of my work at the Samsung ArtCube lounge, I’m exhibiting expanded photography with Gypsum Gallery (Cairo) and paintings with hunt kastner (Prague).
     
    ▲ “An Intergalactic Messenger Teleported us to a Cave Settlement Ruled by Shared Compassion and Humility” (2022) by Basim Magdy
     
     
    Q: What led to your partnership with Samsung Art Store for this year’s Art Basel in Basel?
     
    It happened naturally. I was drawn to the idea of my work existing in a different context — one where it could reach new audiences including those who may not typically visit galleries or museums but who are still curious about art.
     
     
    Reframing Time Through Art
    Q: How did your visual and conceptual style develop into something both surreal and poetic?
     
    It took years of curiosity, experimentation and a desire to create a visual language that reflects who I am. Both poetry and the strange layers of reality have long shaped my thinking. Over time, my style evolved as I explored different artistic tools and mediums. Creating something surreal and poetic has allowed me to propose new ideas and reinterpret familiar ones in unexpected ways.
     
    “Art expresses what can’t be said in words.”
    — Basim Magdy, contemporary artist
     
    Q: Storytelling, memory and imagined futures are recurring themes in your art. What drives your interest in these narratives?
     
    I’ve become increasingly interested in how we perceive time. I think that awareness deepens with age — the realization that each passing moment is gone and what lies ahead will be different yet oddly familiar.
     
    Though time is a construct, its rhythms — like sunrises and sunsets — form the backdrop of our lives. History shapes how we understand the past and determines how memories are kept alive — an incredibly subjective process, often told through one point of view.
     
    That’s what fascinates me. It raises questions about what gets recorded and what was deemed unworthy of preservation. What about the countless lives that pass without being remembered or documented? Time, memory and history must always be revisited and questioned. Art gives us the freedom to do so without constraint.
     
     
    Art Without Rules, Technology Without Limits
    Q: Your media include chemically altered film and layered photography. How do you preserve their texture and nuance when translating these physical processes into digital formats for display?
     
    The urge to experiment is what drives me to work across different media. It’s rooted in asking questions and pushing limits. Translating analog processes into digital form is one of those explorations — and with it comes the challenge of maintaining texture, depth and complexity.
     
    ▲ Artist Basim Magdy is well known for his fusion of dreamlike imagery with thought-provoking, philosophical narratives.
     
     
    Q: With technology playing a bigger role in creating and experiencing art, how has it shaped your creative process or your approach to audience engagement?
     
    Technology is evolving constantly, and with it, the way we experience the world — not just art. Today, reality often exists simultaneously in physical space and on screens. In the end, I think my lived experiences — whether encountered in real life or on a screen — inform my art just as much as my imagination does.
     
    For me, art expresses what can’t be said in words. Technology is largely shaped by scientific research that operates within defined rules and systems. Art, on the other hand, is free from those constraints — so when artists engage with new technologies, the results are often surprising.
     
    ▲ Basim Magdy experiences the new Art Basel in Basel Collection at Samsung ArtCube.
     
     
    From Exhibition to Everyday
    Q: Your work is now featured on Samsung Art Store and displayed in homes around the world. How does being part of someone’s everyday environment shift your perspective on your art?
     
    It’s humbling. We each experience art through our own lens — shaped by who we are and where we’ve been. I hope my work resonates in ways that invite thought, emotion or a quiet moment of connection. For me, that kind of unspoken, personal response is the most fulfilling outcome.
     
     
    Q: Samsung Art Store turns a screen into a gallery. How do you feel your work resonates differently in a digital home setting compared to a traditional gallery or museum?
     
    Seeing art in a gallery or a museum is still ideal — but it’s also limited. A piece only exists in one place and not everyone can travel to see it, especially if it’s halfway across the world.
     
    Samsung Art Store offers a more intimate way to experience art. Someone can engage with a piece they connect with at their own pace, free from the limitations of gallery hours or institutional settings. The platform also gives access to audiences who may not have a chance to view my work through traditional means.
     
    Digital representations of art continue to evolve — and so do the ways we engage with them. I look forward to a future where we can project fully detailed images into space and where the digital experience of art might one day include touch, texture or even scent.
     
    “[Through Samsung Art Store, one] can engage with a piece at their own pace, free from the limitations of gallery hours or institutional settings.”
    — Basim Magdy, contemporary artist
     
    Q: If someone is encountering your work for the first time through Samsung Art Store in their home, what would you like them to notice or feel?
     
    I hope they experience something that stays with them — whether it’s a thought, feeling or subtle moment of curiosity. The way someone connects to art is deeply individual, and I try not to shape or influence that. It’s more meaningful when that sense of intimacy is preserved.

    MIL OSI Economics

  • MIL-OSI USA: Peters Reintroduces Legislation to Increase Diversity of Ownership in Broadcast Industry

    US Senate News:

    Source: United States Senator for Michigan Gary Peters

    WASHINGTON, DC – U.S. Senator Gary Peters (MI) reintroduced the Broadcast Varied Ownership Incentives for Community Expanded Service (VOICES) Act to increase diversity of ownership in the broadcasting industry by encouraging investment in women and minority-owned stations. 

    “Millions of Americans get their news everyday through TV and radio. When broadcasters reflect the people they serve, it helps elevate different perspectives and stories that may not yet have been told,” said Senator Peters. “That’s why I am proud to again lead the Broadcast VOICES Act to encourage more investment in minority-owned stations and boost diversity in American television and radio.”

    Peters’ Broadcast VOICES Act would: 

    • Reestablish a Minority Tax Certificate Program to incentivize capital investment in women and minority-owned stations, as well as investment in the sale of stations to women and minority purchasers, throughout the broadcast industry. 
    • Establish a tax credit for broadcast owners who donate their stations to train individuals in the management and operation of broadcast stations.
    • Require annual reports from the Federal Communications Commission (FCC) on ways to increase diversity in the industry.

    Peters’ Broadcast VOICES Act is cosponsored by U.S. Senators Richard Blumenthal (D-CT), Brian Schatz (D-HI), Tammy Baldwin (D-WI), Amy Klobuchar (D-MN), Martin Heinrich (D-NM) and Ben Ray Luján (D-NM). Companion legislation was introduced in the House by U.S. Representative Steven Horsford (D-NV).

    First established in 1978, the Minority Tax Certificate Program provided a tax incentive to those who sold their majority interest in a broadcast station to individuals with diverse backgrounds. From 1978 to 1995, the program was highly effective in leveling the playing field for underrepresented broadcasters, increasing diverse ownership in broadcast stations by more than 550 percent. Despite this success, Congress repealed the program in 1995.

    However, a 2023 report found that among the approximately 1,760 full-power commercial broadcast television stations in the United States, only 5 percent were owned by women and less than 4 percent by minorities. Further, it found that women owned only 10 percent of FM broadcast radio stations, and minorities owned less than 3 percent of those stations. 

    By reinstating this historically effective tax certificate, the Broadcast VOICES Act would help bring more women and people of color into station ownership while also assisting with access to capital. Peters has consistently led this legislation. 

    The Broadcast VOICES Act is supported by the National Urban League, National Association of Broadcasters, National Association of Black Owned Broadcasters, Multicultural Media, Telecom & Internet Council, League of United Latin American Citizens, and the Hispanic Federation.

    MIL OSI USA News

  • MIL-OSI USA: Peters Reintroduces Legislation to Increase Diversity of Ownership in Broadcast Industry

    US Senate News:

    Source: United States Senator for Michigan Gary Peters

    WASHINGTON, DC – U.S. Senator Gary Peters (MI) reintroduced the Broadcast Varied Ownership Incentives for Community Expanded Service (VOICES) Act to increase diversity of ownership in the broadcasting industry by encouraging investment in women and minority-owned stations. 

    “Millions of Americans get their news everyday through TV and radio. When broadcasters reflect the people they serve, it helps elevate different perspectives and stories that may not yet have been told,” said Senator Peters. “That’s why I am proud to again lead the Broadcast VOICES Act to encourage more investment in minority-owned stations and boost diversity in American television and radio.”

    Peters’ Broadcast VOICES Act would: 

    • Reestablish a Minority Tax Certificate Program to incentivize capital investment in women and minority-owned stations, as well as investment in the sale of stations to women and minority purchasers, throughout the broadcast industry. 
    • Establish a tax credit for broadcast owners who donate their stations to train individuals in the management and operation of broadcast stations.
    • Require annual reports from the Federal Communications Commission (FCC) on ways to increase diversity in the industry.

    Peters’ Broadcast VOICES Act is cosponsored by U.S. Senators Richard Blumenthal (D-CT), Brian Schatz (D-HI), Tammy Baldwin (D-WI), Amy Klobuchar (D-MN), Martin Heinrich (D-NM) and Ben Ray Luján (D-NM). Companion legislation was introduced in the House by U.S. Representative Steven Horsford (D-NV).

    First established in 1978, the Minority Tax Certificate Program provided a tax incentive to those who sold their majority interest in a broadcast station to individuals with diverse backgrounds. From 1978 to 1995, the program was highly effective in leveling the playing field for underrepresented broadcasters, increasing diverse ownership in broadcast stations by more than 550 percent. Despite this success, Congress repealed the program in 1995.

    However, a 2023 report found that among the approximately 1,760 full-power commercial broadcast television stations in the United States, only 5 percent were owned by women and less than 4 percent by minorities. Further, it found that women owned only 10 percent of FM broadcast radio stations, and minorities owned less than 3 percent of those stations. 

    By reinstating this historically effective tax certificate, the Broadcast VOICES Act would help bring more women and people of color into station ownership while also assisting with access to capital. Peters has consistently led this legislation. 

    The Broadcast VOICES Act is supported by the National Urban League, National Association of Broadcasters, National Association of Black Owned Broadcasters, Multicultural Media, Telecom & Internet Council, League of United Latin American Citizens, and the Hispanic Federation.

    MIL OSI USA News

  • MIL-OSI Canada: Nirmala Naidoo to the annual conference of the National Campus and Community Radio Association

    Source: Government of Canada News

    Nanaimo, British Columbia
    June 18, 2025

    Nirmala Naidoo, Commissioner for Alberta and the Northwest Territories
    Canadian Radio-television and Telecommunications Commission (CRTC)

    Check against delivery

    Thank you for the invitation to speak today and for that warm welcome. Before I begin, I would like to acknowledge that we are on the traditional territory of the Coast Salish Peoples, including the traditional territories of the Snuneymuxw and Snaw-Naw-As First Nations. I thank them and pay respect to their Elders.

    Let me begin by saying: it’s great to be among my fellow broadcasters. In my short time with you today so far, I can see the excitement and exuberance for community broadcasting and news that so many of you have. It’s wonderful to be around that energy once again.

    My background is in the other side of broadcasting, of course, in television. But as a former journalist and anchor, and current CRTC Commissioner for Alberta and the Northwest Territories, I share your passion. Across my career I have seen firsthand how broadcasting connects people and how trusted sources of news can help inform public debate.

    And community and campus radio, as you all know, is all about connecting people. From its beginnings at Queen’s University amongst some student hobbyists in the 1920s, community and campus radio has blossomed into a vibrant community. There are stations across our country, from CHLY-FM here in Nanaimo to CJBI-FM broadcasting from Bell Island in Newfoundland and Labrador, and everywhere in between. Each of them plays a vital role in connecting Canadians in their communities to new opportunities, new artists, and the local news and information that matters to them.

    Campus and community stations continue to be a great entry point into radio for so many Canadians. I will give you a personal example from my own time at the University of Alberta to illustrate what I mean. For myself and so many of my fellow students, our campus radio station at the University of Alberta, CJSR, was our gateway into the world of local broadcasting. At CJSR we created content tailored specifically to our audience – our fellow students and the surrounding community.

    It was staffed and supported by the community it served. It was a place of hands-on learning, where students gained the real-world experience that would later become a career for some. It might have been only a few steps from our classrooms, but our time there prepared us better than any textbook could have.

    For some, campus and community radio provided the first step to a career in broadcast journalism or radio production. For others, community and campus radio provided a launching pad to stardom: Bob Cole, the longtime Hockey Night in Canada announcer started his career as a volunteer at CHFM in St. John’s; Tom Green hosted an overnight program in Ottawa on CHUO-FM; and back at the University of Alberta, I was lucky enough to witness k.d. lang’s rise from precocious talent to international star. Though lang would have certainly risen to the top regardless, I like to think CJSR played a small role in her emergence as we continually wore out recordings of her local band k.d. and the Reclines long before the artist’s Grammy wins and appearances on David Letterman.

    Connecting Canadians through broadcasting

    These are the types of Canadian success stories we love to see. And currently at the CRTC, we are focused on modernizing our broadcasting framework so we can ensure those same opportunities are still there for Canada’s next generation of radio producers, broadcast journalists, and yes, hockey announcers, comedians, and country western virtuosos.

    But before I get to the details of some of our ongoing proceedings, I’d like to give you one more example from my experiences, this one from earlier this year. I want to show you how the goals of NCRA members and those of the CRTC are often aligned and, importantly, how you can help us reach our goals together.

    Earlier this year I had the privilege of being on a panel that was considering two applications for a new radio licence to serve the community of Yellowknife in the Northwest Territories. The CRTC is still considering the applications and the public record, and we expect to issue our decision in the coming weeks.

    But I bring up that hearing not to discuss the decision, but to relate the incredible levels of engagement we saw in Yellowknife concerning local radio. Over two days in Yellowknife we convened in front of a packed and engaged audience, many of whom lined up first thing in the morning to ensure a seat. And in February, that meant braving temperatures of minus forty – you would have thought k.d. lang herself was going to be there.

    We heard from local and Indigenous residents, musicians, journalists, business owners and more. We heard, and could clearly see, how important local radio was to this community. How they depended on local news from trusted local sources. How evacuees and first responders relied on local radio for vital information during last year’s devastating wildfires. And we heard how important it was for those stations to be staffed and run by people in their communities who know their markets.

    I imagine for many of you that is starting to sound familiar, and well it should. Local radio is grounded in the communities they serve, whether they are broadcasting in remote areas or for localized communities living in our largest cities. And at the CRTC, we are working to ensure the conditions are favourable for radio stations to be part of the future of Canadian broadcasting.

    But to do that, we need your help. The CRTC is an independent quasi-judicial tribunal that regulates the Canadian communications sector in the public interest and makes decisions based on the public record. And that last point is key. All of our decisions are based on the interventions, submissions, and contributions of anyone who wants to provide input on our proceedings – from the largest broadcasters to members of the public.

    So when it comes to shaping the future of Canadian broadcasting, everyone has a role to play. You know your communities better than anyone else – we need your input to help us understand the needs of your stations and the communities you serve.

    Public participation is critical to CRTC proceedings. It’s how we ensure that the decisions we make are in the public interest, and how we ensure Canadians have access to the media, entertainment, and news that they enjoy and need.

    There are so many ways you can engage with the CRTC: by submitting a formal intervention, chatting with me here today, or simply giving us a call with your questions. Some of my colleagues are here with me today. They would be happy to answer your questions, and we have brought some cards in case you need to contact us in the future.

    When you take part in our proceedings, you are giving your stations and the communities you serve a voice in the regulatory process. So I encourage you to do so, either as part of the NCRA, your individual station, or simply as someone who listens and watches to content on radio, television or online.

    I would like to take the rest of my time today to turn to the broadcasting modernization process, our environment, and a few of our ongoing proceedings.

    Modernizing the broadcasting industry and ongoing radio policy proceedings

    We started the modernization process soon after Parliament adopted the Online Streaming Act, which amended the Broadcasting Act. While we have been moving quickly, this is the first major overhaul of Canada’s broadcasting frameworks since 1993 – it’s a big job.

    And as we have been working, we have been watching alongside all of you as the world in which we operate has become more unstable and uncertain. We know that the broadcasting industry is not immune to those currents of change.

    So it has made our job doubly difficult: we must do what we can to address the current challenges facing the broadcasting industry while also ensuring the frameworks we create will sustain a successful broadcasting system years into the future.

    We are taking into account both of these goals in all of our proceedings. There are two ongoing in particular concerning audio broadcasting that I would like to touch on.

    The first is our proceeding focused on reducing the regulatory burden on radio stations operating in Canada. By streamlining requirements, our goal is to help radio stations remain dynamic and competitive while still ensuring their programming serves the public interest.

    I know the NCRA submitted an intervention in this proceeding, and we thank you for it. We will continue to review all the information submitted on the public record, and will make a decision on this key issue as quickly as possible.

    Secondly, there is a review of the definition of Canadian content for audio services. In line with our efforts on the audio-visual side, we need to modernize our approach to radio and audio regulatory policy. So earlier this year, we sought comments on the definition for audio services, and received comments from a wide range of groups, communities, and industry members. Everything submitted to us will help us update the definition of Canadian content for audio services.

    This included French-speaking, Indigenous and official language-minority communities – many of which I know your members serve. If we are going to ensure our broadcasting system supports our homegrown musicians, we need to ensure the definition of Canadian content captures the full breadth of our country.

    The updated definition will be used to support the creation, distribution, and discoverability of Canadian and Indigenous audio content across radio and online audio streaming platforms.

    Ultimately, we want to ensure our system gives Canadians access to the audio and music content they want, and our aim is to help ensure that content can be easily discovered and enjoyed.

    And the timing for this update is fortuitous – we can see that perhaps at no other time in Canadian history has there been such an appetite for Canadian talent and a desire across the country to see Canadians succeed. We want to help ensure our broadcasting frameworks are creating the conditions for Canadian musicians, artists, and performers to excel. 

    Supporting local news

    At the same time, we are focused on ensuring local news is part of the Canadian broadcasting system and widely available. Given the instability I mentioned before and the growing prevalence of natural disasters like the wildfires currently affecting the Prairies, ensuring local news and information is widely available is more critical than it has ever been.

    Just as we heard in Yellowknife, we know this includes community radio stations. That’s why we decided the Community Radio Fund of Canada would receive additional funding as part of last year’s decision on base contributions that online services must make to support the Canadian broadcasting system. Community, campus and Indigenous stations can benefit through the Local Journalism Initiative administered by the Fund.

    And we are also currently looking at how to help support local news produced by commercial radio stations. Late last year we held a consultation on this, and we are exploring how we can best support local stations in rural and remote communities. We are currently considering an application submitted by the Canadian Association of Broadcasters to run this fund, as well as all submissions made to us as part of this proceeding. We hope to have a decision ready in the coming weeks.

    Additionally, as part of our implementation of the Online News Act, we have established a framework which aims to ensure the largest online platforms fairly compensate Canadian news organizations when their content appears on those services. Google has secured an exemption from the mandatory bargaining under the Act and has committed $100 million annually for five years to support Canadian news organizations. Google’s initial contribution is being disbursed by the Canadian Journalism Collective, and news organizations across Canada are now receiving funding as a result of the Act. 

    Finally, I want to mention a decision we made just last week to modify the Independent Local News Fund, or ILNF. The decision was made after a consultation last fall reviewing the ILNF and its support for local news. We wanted to make sure that local, independent television stations across the country were supported as they produced news. We also wanted to address how any additional funding coming into the audio-visual broadcasting system should be allocated.

    The decision is an important step in supporting local news and information, and confirms that high-quality and diverse local news are an integral part of the Canadian broadcasting system. It also ensures that Canadians have access to local news and information in whatever medium they prefer: all recipients of ILNF funding are now required to make their local news and information available online.

    Although this recent decision supports television broadcasters, I mention it to point out how seriously we are taking the importance of local news and content. It remains a central part of Canadian broadcasting, and impartial news and information is something to be protected and preserved for years into the future.

    Conclusion

    The decisions and proceedings I have detailed today are key pieces of our ongoing work, but they are just a part of our overall modernizing of Canada’s broadcasting frameworks.

    And the message I want to leave you with today is that taken together, all of our proceedings, whether we are talking about removing regulatory burden or revising Canadian content definitions, are about connecting people.

    These are goals the CRTC and NCRA members share.

    We want to connect Canadians to the music and content they enjoy.

    We want to connect artists to new opportunities and new audiences.

    And we want to connect all Canadians to the local news and information they need, when they need it.

    These goals shape our decisions in the same way they guide the work you do each and every day at your local station.

    So, as I mentioned before, work with us. Contribute to our proceedings. Help give your communities and your stations a voice.

    Let’s work together to set up the next generation of Canadian broadcasting to succeed, to excel, and to thrive.

    Thank you.

    MIL OSI Canada News

  • MIL-OSI: Reliance Global Group Announces Up To $6.75 Million Private Placement Priced At-The-Market Under Nasdaq Rules

    Source: GlobeNewswire (MIL-OSI)

    LAKEWOOD, NJ, June 18, 2025 (GLOBE NEWSWIRE) — Reliance Global Group, Inc. (Nasdaq: RELI) (“Reliance,” “we,” “us,” “our” or the “Company”), today announced that it has entered into definitive agreements for the issuance and sale of an aggregate of 1,488,096 shares of its common stock (or pre-funded warrants in lieu thereof) and short-term warrants to purchase up to an aggregate of 2,976,192 shares of common stock at a purchase price of $1.68 per share (or per pre-funded warrant in lieu thereof) and accompanying short-term warrants in a private placement priced at-the-market under Nasdaq rules. The short-term warrants will be exercisable immediately upon issuance at an exercise price of $1.43 per share and will expire two years from the effective date of the Resale Registration Statement (as defined below). The offering is expected to close on or about June 20, 2025, subject to the satisfaction of customary closing conditions. 

    H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering. 

    The aggregate gross proceeds to the Company from the private placement is expected to be approximately $2.5 million, before deducting placement agent fees and other offering expenses payable by the Company. The potential additional gross proceeds to the Company from the short-term warrants, if fully-exercised on a cash basis, will be approximately $4.25 million. No assurance can be given that any of such short-term warrants will be exercised. The Company intends to use the net proceeds from the offering for working capital and general corporate purposes.

    The shares of common stock, pre-funded warrants and short-term warrants described above were offered in a private placement under Section 4(a)(2) of the Securities Act of 1933, as amended (the “Act”) and Regulation D promulgated thereunder and, along with the shares of common stock underlying the pre-funded warrants and short-term warrants, have not been registered under the Act or applicable state securities laws. Accordingly, the shares of common stock, the pre-funded warrants, the short-term warrants and the shares of common stock underlying the pre-funded warrants and short-term warrants may not be offered or sold in the United States absent registration with the Securities and Exchange Commission (“SEC”) or an applicable exemption from such registration requirements. The securities were offered only to accredited investors. Pursuant to a registration rights agreement, the Company has agreed to file one or more registration statements with the SEC covering the resale of the shares of common stock and the shares issuable upon exercise of the pre-funded warrants and warrants (the “Resale Registration Statement”).

    This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

    About Reliance Global Group, Inc.

    Reliance Global Group, Inc. (NASDAQ: RELI) is an InsurTech pioneer, leveraging artificial intelligence (AI), and cloud-based technologies, to transform and improve efficiencies in the insurance agency/brokerage industry. The Company’s business-to-business InsurTech platform, RELI Exchange, provides independent insurance agencies an entire suite of business development tools, enabling them to effectively compete with large-scale national insurance agencies, whilst reducing back-office cost and burden. The Company’s business-to-consumer platform, 5minuteinsure.com, utilizes AI and data mining, to provide competitive online insurance quotes within minutes to everyday consumers seeking to purchase auto, home, and life insurance.  In addition, the Company operates its own portfolio of select retail “brick and mortar” insurance agencies which are leaders and pioneers in their respective regions throughout the United States, offering a wide variety of insurance products. Further information about the Company can be found at https://www.relianceglobalgroup.com.

    Forward-Looking Statements

    This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by terminology such as “may,” “should,” “could,” “would,” “will,” “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate,” “continue,” “potential,” and similar expressions. All statements, other than statements of historical fact, including, but not limited to, statements regarding:

    • the expected closing of the private placement and the satisfaction of customary closing conditions;
    • the Company’s intended use of proceeds from the offering;
    • the potential additional gross proceeds from the exercise of the short-term warrants;
    • the effectiveness of the Resale Registration Statement;
    • and the Company’s growth strategy and expectations regarding its operations, platforms, and market positioning,

    are forward-looking statements and are subject to substantial risks and uncertainties.

    These forward-looking statements are based on a number of assumptions, including, among others: that the offering will close on the anticipated timeline; that market and economic conditions will remain stable; that the Company will be able to deploy the net proceeds effectively; and that investors will exercise the short-term warrants in full or in part. There can be no assurance that these assumptions will prove correct.

    There are numerous risks and uncertainties that may cause actual results or performance to differ materially from those expressed or implied by these forward-looking statements. These include, among others: the risk that the offering may not close as expected or at all; the risk that the Company may not receive the anticipated proceeds from the short-term warrants; risks associated with the Company’s ability to use the proceeds effectively; general business, economic, competitive, regulatory and market factors; the impact of adverse capital and credit market conditions; and the other risks and uncertainties described in the “Risk Factors” sections of the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, as amended, and in other reports filed or to be filed by the Company with the SEC.

    You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Except as required by applicable law, the Company undertakes no obligation to revise or update any forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact:
    Crescendo Communications, LLC
    Tel: +1 (212) 671-1020
    Email: RELI@crescendo-ir.com

    The MIL Network

  • MIL-OSI: Narda-MITEQ Awarded Prototype to Optimize Power Dividers in Growler Aircrafts for DoN

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, June 18, 2025 (GLOBE NEWSWIRE) — Naval Air Systems Command (NAVAIR) Program Manager Air (PMA)–265 and Naval Surface Warfare Center, Crane Division (NSWC Crane), in partnership with NSTXL through the S²MARTS OTA, have announced a prototype award to optimize Power Dividers for the EA–18G aircraft. NAVAIR is qualifying a new design and source of supply for the Power Dividers, which are utilized in the ALQ-218(V)2 Tactical Jamming Subsystem Receiver (TJSR). The prototyping and qualification will be awarded to Narda-MITEQ.

    Prior to the award, NAVAIR participated in an event in which organizations interested in submitting could engage with NAVAIR and ask questions about the opportunity, as well as clarify government needs. The Strategic & Spectrum Missions Advanced Resilient Trusted Systems (S²MARTS) Other Transaction Authority (OTA), the agreement vehicle for the opportunity, hosted the event as well as an industry networking event to encourage teaming. OTAs are a modern, efficient prototyping vehicle suitable for opportunities like Power Dividers that need to move quickly.

    The S2MARTS OTA is managed by National Security Technology Accelerator (NSTXL). NSTXL is a consortium manager focused on revolutionizing government innovation. With accelerated prototyping processes through OTAs, DoD can make leading technologies like power dividers available to the Warfighter faster than ever.

    About S2MARTS
    The Strategic & Spectrum Missions Advanced Resilient Trusted Systems (S²MARTS), managed by NSTXL, is the premier rapid OT agreement vehicle for the Department of Defense (DoD) in trusted microelectronics, strategic & spectrum mission, and other critical mission areas. The Naval Surface Warfare Center (NSWC), Crane Division created S²MARTS to grow and engage an elite network of innovators, shorten the path to defense prototype development, and advance national security efforts.

    For media inquiries contact:
    NSTXL Press
    press@nstxl.org

    The MIL Network