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Category: Europe

  • MIL-OSI Russia: Sports and dance training is carried out within the framework of the project “Summer in Moscow”

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    An important disclaimer is at the bottom of this article.

    Muscovites are invited to free roller sports and dance training. These classes help strengthen muscles and improve coordination. The training is part of the project “Summer in Moscow”.

    Roller sport is riding on roller skates with the performance of combinations of various exercises and elements. Regular training helps to improve balance. During training, athletes actively use the muscles of the body and pump up the stabilizing muscles that help maintain balance.

    Roller sports training is being held as part of the capital’s project Department of Sports “My sports district”. Classes are held by professional trainers twice a week: on Wednesdays and Sundays at 19:00. Anyone over 18 can participate. You can find a suitable site and sign up for a class atwebsite.

    Dance training is held within the framework of the project “Sports Weekend”, implemented by the Department of Sports of the City of Moscow together with the public service centers “My Documents”. Participants practice movements from various styles: hip-hop, samba, bachata and jazz-funk. Such training not only develops coordination, but also improves the work of the cardiovascular and respiratory systems, helps to lose weight and relieve stress.

    Classes are held at over 50 locations, including city parks, festival areas and public spaces. For addresses and schedules, and to sign up, visitwebsite.

    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 obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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    MIL OSI Russia News –

    July 16, 2025

  • MIL-OSI Russia: Resolving conflicts and caring: what social protection specialists learn in advanced training courses

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    An important disclaimer is at the bottom of this article.

    Resolving family conflicts and caring for children in family centers, caring for people with special needs and providing first aid are taught in Institute of Continuing Professional Education for Social Workers in Moscow, which celebrates 17 years since its foundation. During this time, the institution has improved the qualifications of more than 70 thousand social protection specialists.

    This expert platform in the field of social technologies and professional training of specialists offers more than 70 advanced training programs for social security employees, which can be completed both in person and online on the IDPOznanie platform.

    “We train employees of family centers, the Social Treasury, institutions providing home care services, and other important projects and institutions.

    Department of Labor and Social Protection of the Population of Moscow“Our mission is to promote human well-being by developing employees and teams in the social sphere through education, enlightenment, science and technology,” said Igor Timofeev, Director of the Institute of Continuing Professional Education for Social Workers.

    The institute has four competence centers for training specialists and managers. You can improve your qualifications in such areas as “Rehabilitation and Social Integration”, “Family and Childhood Support”, “Home Care”, “Long-Term Care” and “Personal Effectiveness”.

    Institute student Natalya Senkina is taking the Mediation in Social Work program. After completing her studies, she wants to help Moscow families resolve conflict situations.

    “I am not new to mediation; I have been working as a trainer for teenagers in the “School of the Young Mediator” project for three years now. The training allows for a deeper understanding of the principles of conflict development, interaction with children and their parents. It is very important to help people find constructive solutions and save families,” she shared.

    The institute has programs that are available to all city residents. For example, in school of related careRelatives of people with limited mobility and the elderly learn how to provide quality care for them at home: safe movement, proper feeding, and help with hygiene. The program can be completed both in person and online. The project also includes psychological mutual assistance groups.

    Every year, the institute hosts a professional skills competition called “Moscow Masters” among social workers. Participants demonstrate skills in long-term care, digital literacy, first aid, and other important skills.

    The winner of the Moscow Masters competition in the profession of social worker, Maria Titikina, admitted that she was able to get ahead of her colleagues thanks to the knowledge she received in advanced training courses. According to her, studying at the institute allows her to be confident in her abilities and professional competencies. The first aid course was especially useful to her. She also learned to understand the concerns and needs of older people in the classes.

    On the eve of the 17th anniversary of the institution, specialists from the Institute of Continuing Professional Education for Social Workers held survey. It was attended by students of the institute and city residents receiving social services at home. They said that they especially value politeness, reliability, hard work and knowledge of digital services in social protection workers. More than 70 percent of the participants highlighted these qualities. 71 percent of respondents believe that social workers should improve their qualifications at least once a year.

    Igor Timofeev said that the important accents in the educational process are relevance and practical application. He explained that, on the one hand, the institute teaches applied skills of a social protection specialist, such as long-term care and first aid, and on the other hand, it teaches the use of new technologies that influence the development of professions in the social sphere.

    The Institute of Continuing Professional Education for Social Workers implements educational programs and provides consulting services for organizations subordinate to To the Department of Labor and Social Protection of the Population of the City of Moscow. The Institute is the operator of the project “School of Nursing” and the online platform for training “IDPOznanie”. The full list of programs is available aton the institution’s websiteYou can ask a question by email: ipk@mos.ru.

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

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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    MIL OSI Russia News –

    July 16, 2025

  • MIL-OSI Russia: Investor to build school near Belomorskaya metro station

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    An important disclaimer is at the bottom of this article.

    A school for a thousand students will be built in the Left Bank District in the north of the capital. Land use and development rules have been changed for this purpose, said the Deputy Mayor of Moscow for Urban Development Policy and Construction Vladimir Efimov.

    “The new school building will appear on a 1.65-hectare site. It will be able to accommodate a thousand students. The building will have universal and specialized classrooms. The project also provides for the creation of a media library, a dining and sports hall, and an event hall. The adjacent territory will be equipped with sports and recreation areas. The investor will be responsible for the construction of the facility,” said Vladimir Efimov.

    Land use and development regulations set requirements for design and construction, determine how a site can be used and what objects are permitted to be built on it.

    “The educational institution will be located near the Belomorskaya station of the Zamoskvoretskaya metro line on land plot 57/10. This will allow teachers and students to easily get to the school from other areas of the city,” she added.

    Juliana Knyazhevskaya, Chairman of the Committee for Architecture and Urban Development of the City of Moscow.

    Earlier, Moscow Mayor Sergei Sobyanin said that a new building would be built in the Sokolinaya Gora district. kindergarten.

    The construction of social facilities in Moscow corresponds to the goals and initiatives of the national project “Infrastructure for life”.

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

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

    July 16, 2025

  • MIL-OSI Russia: More than 90 thousand quotation sessions have taken place on the supplier portal since the beginning of the year

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    An important disclaimer is at the bottom of this article.

    Almost 93 thousand quotation sessions took place on the supplier portal in January-June 2025. This figure increased by more than 20 percent compared to the same period last year, Maria Bagreeva, Deputy Mayor of Moscow, Head of the Moscow Department of Economic Policy and Development.

    “Quotation sessions are an effective tool for small-volume procurement, which is convenient and beneficial for both businesses and government customers. In the first half of the year, almost 93 thousand mini-auctions were held on the supplier portal – 22 percent more than in the first six months of 2024. The procedures allowed state and municipal institutions to save 3.5 billion rubles by reducing the initial contract price. On average, seven entrepreneurs bid for one transaction during quotation sessions, and the purchase price is reduced by 14 percent. In the first half of the year, construction and household goods, household appliances, information technology products, communications equipment and electronics were most often purchased on the portal – the total number of sessions for them amounted to almost 25 thousand,” said Maria Bagreeva.

    Moscow customers can purchase goods worth up to five million rubles, and works and services worth up to three million rubles, as part of mini-auctions on the supplier portal. The platform concludes contracts with both legal entities and individual entrepreneurs and self-employed individuals, which contributes to the development of small and medium-sized businesses and an increase in offers in the catalog.

    “The supplier portal works like a digital store – contracts are concluded and executed remotely, without paper documents, using an electronic signature. Thanks to the resource, businesses have quick access to participation in government procurement and expansion of sales markets, and the city, in the face of growing competition, receives the best offers in terms of price and quality from suppliers throughout Russia. The leaders in terms of the volume of contracts concluded during quotation sessions in the first half of this year included entrepreneurs from Moscow, who concluded more than 48.8 thousand transactions for 11.6 billion rubles, the Moscow Region – 15.9 thousand contracts for 3.9 billion rubles, St. Petersburg – 1.9 thousand contracts for 448 million, the Ryazan Region – 297 transactions for 171.7 million and the Perm Territory – 1844 contracts for 166.1 million,” noted the head of the capital’s Department of Competition Policy.

    Kirill Purtov.

    How neural network algorithms help entrepreneurs

    The supplier portal attracts businesses with the opportunity to participate in small-volume interregional purchases, high digitalization and transaction efficiency. Thanks to the online format, suppliers can often start shipping products on the day the contract is signed. The platform develops additional services using artificial intelligence – neural network algorithms help when filling out product cards, automatically determining the category of the uploaded product based on its image.

    In the capital Department of Information Technology also reminded about other digital opportunities of the supplier portal. Thus, in 2022, an automatic bidding bot was launched on the resource – a convenient online tool that allows entrepreneurs to participate in several quotation sessions at once, without interfering with other participants making their offers. And in 2023, Moscow customers became able to purchase identical products through joint quotation sessions. Thanks to this, state and municipal institutions of Moscow can combine their needs and, by increasing the volume of purchases, attract more suppliers to the session. This increases competition between entrepreneurs and allows customers to save budget funds.

    Moscow’s contract system consistently demonstrates high efficiency. The capital is the leader inNational Procurement Transparency RatingBy standardizing procedures, introducing digital technologies and involving small businesses, Moscow government procurement ensures savings at all stages of the process.

    Moscow is actively developing interregional cooperation in the field of procurementMore than 215 thousand contracts were concluded using the trading bot on the supplier portalMoscow Signs Cooperation Agreements with Three Regions

    The functional customer of the portal is the capital Department of Competition Policy, and its technical development is supervised by the Department of Information Technology of the City of Moscow.

    Development of electronic services for business corresponds to the objectives of the national project “Data Economy and Digital Transformation of the State” and the regional project of the city of Moscow “Digital Public Administration”.

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

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

    July 16, 2025

  • MIL-OSI United Kingdom: Government investment for mentoring, funding access and skills development to spark tech innovation outside capital

    Source: United Kingdom – Government Statements

    Press release

    Government investment for mentoring, funding access and skills development to spark tech innovation outside capital

    Tech entrepreneurs outside London will get support to grow their businesses, as the government launches a £1 million programme which is set to ignite innovation and bolster growth beyond the capital.

    Government investment to boost tech innovation across the UK.

    • New programme to supercharge tech growth in UK regions including Scotland, the North East, Humber and East, and South Yorkshire, and bolster local economies.
    • £1 million government investment will provide mentoring, funding access and skills development for entrepreneurs outside of London.
    • Programme launched as government looks to drive economic growth and prosperity in every part of the UK, under the PM’s Plan for Change.

    The Department for Science, Innovation and Technology (DSIT) has today (Wednesday 16 July) announced the launch of the Regional Tech Booster programme, aimed at accelerating the growth of tech clusters and early-stage digital startups in regions including Scotland, the North East, Humber and East, and South Yorkshire.

    While London remains Europe’s leading tech hub, the new programme will help close the gap between the capital and regional tech ecosystems by addressing key challenges including entrepreneur support, access to finance, and skills development.

    It will do so by delivering tailored support programmes for tech founders, such as mentoring, investment promotion events, and workshops to share best practices across regional tech communities.

    Minister for Tech and Future Digital Economy, Baroness Jones said:

    Tech innovation doesn’t stop at the M25 and we’re choosing to invest in the talent and ideas flourishing across the UK.

    This investment forms an important part of our Plan for Change to kickstart economic growth in every part of the UK. By supporting regional tech entrepreneurs, we’re creating the conditions for innovation and prosperity to flourish.

    The initiative complements existing government support for regional development, including Project Gigabit, the Local Innovation Partnership Fund, AI Growth Zones, and digital skills programmes. It demonstrates a strategic choice to invest in regional tech ecosystems as part of the government’s wider Industrial Strategy.

    Katie Gallagher, chair of the UKTCG and managing director of Manchester Digital, said:

    The UK’s nations and regions are home to a diverse and growing network of tech ecosystems. They already make a vital contribution to the economy and with the right support, they can do even more.

    We’re pleased that DSIT has selected the UK Tech Cluster Group to pilot a new approach. This programme will focus on collaboration, connecting clusters, sharing best practice, supporting founders and entrepreneurs and creating a practical playbook for building strong, sustainable regional tech economies.

    With members from across the UK’s nations and regions, UKTCG is uniquely placed to deliver this work ensuring every part of the country benefits from the UK’s thriving tech sector.

    UK Tech Cluster Group will focus on ensuring the programme delivers sustainable benefits that continue beyond the initial funding period, working closely with industry, academic institutions and local tech leaders to strengthen regional tech communities. Information on how regional tech clusters can apply for the programmes will be announced later this year.

    DSIT media enquiries

    Email press@dsit.gov.uk

    Monday to Friday, 8:30am to 6pm 020 7215 3000

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    Published 16 July 2025

    MIL OSI United Kingdom –

    July 16, 2025

  • MIL-OSI Russia: The 2025 China-Central Asia Human Rights Development Forum was held in Xi’an

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    XI’AN, July 16 (Xinhua) — The 2025 China-Central Asia Human Rights Development Forum was held in Xi’an, capital of northwest China’s Shaanxi Province, on Tuesday.

    The event, themed “Deepening Inter-civilizational Exchanges and Mutual Enrichment for the Common Development of Human Rights,” was organized by the China Foundation for Human Rights Development (CHRDF) and brought together more than 60 participants from China and Central Asian countries, including officials from relevant government departments, experts and scholars, media representatives and human rights protection agencies, as well as responsible persons from public organizations.

    The main topics for discussion include “diversity of civilizations, Asian value system and global human rights governance”, “jointly building a community with a shared future and promoting the development of human rights”.

    Xie Fuzhan, chairman of the China Human Rights Development Foundation, said that in the pursuit of human welfare, no country or nation should be left behind, and cooperation should be pursued to promote development and the results of development should be used to promote progress in human rights.

    In his view, as developing countries, China and the five Central Asian countries should strengthen the coordination of development strategies and promote common modernization so as to bring more benefits to the people of the world and continuously improve the level of human rights protection.

    The forum participants expressed hope for increased exchanges and cooperation between countries in the area of ensuring human rights.

    Previously, a similar forum was held in September 2023 in Beijing and in May 2024 in Astana, respectively. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

    July 16, 2025

  • MIL-OSI Russia: Preliminary examination for the highest degree of Tibetan Buddhism was held in Xizang

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    LHASA, July 16 (Xinhua) — A total of 13 monks from several monasteries are in the process of taking the preliminary examination for Geshe Lharampa, the highest academic degree in the Gelug tradition of Tibetan Buddhism.

    In Tibetan, Geshe means “intellectual.” Geshe Lharamba is the equivalent of a doctorate in modern higher education.

    The preliminary examination is being held at Gandan Monastery in Lhasa, capital of the Xizang Autonomous Region (southwest China). The examination began on July 12 and will last until July 19.

    First, monks will take part in debates on Buddhist scriptures and then take a theoretical exam.

    Next, the examination committee, based on the results of the debates and the theoretical test, will compile a final list of participants admitted to the final examinations for the Geshe Lharamba degree, which will take place in 2026.

    According to the Xizang branch of the Buddhist Association of China, 202 Tibetan monks have received the Geshe Lharamba degree since 2004. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

    July 16, 2025

  • MIL-OSI Asia-Pac: Prison (Amendment) Rules 2025 to be gazetted on Friday

    Source: Hong Kong Government special administrative region

         The Government will publish the Prison (Amendment) Rules 2025 (Amendment Rules) in the Gazette this Friday (July 18), which will take effect immediately on that day.
     
         A spokesperson for the Security Bureau today (July 16) said, “According to the Decision of the National People’s Congress on Establishing and Improving the Legal System and Enforcement Mechanisms for the Hong Kong Special Administrative Region to Safeguard National Security and the Hong Kong National Security Law, the Hong Kong Special Administrative Region has the constitutional responsibility to continue to improve the legal system and enforcement mechanisms for safeguarding national security steadily so as to continue to prevent, suppress and impose punishment for acts and activities endangering national security effectively. The Prison Rules (PR) have been in operation for many years. We need to review whether the PR can meet the needs of safeguarding national security and modern correctional institution management.”
     
         The spokesperson added, “Having reviewed the relevant law enforcement experience in the past in respect of custody of convicted persons in custody (PICs) and prisoners awaiting trial, potential national security risks and security threats that may be faced by correctional institutions in the future, and relevant law and practices in other jurisdictions (including the United Kingdom, the United States, Canada, Australia, New Zealand and Singapore), we propose to improve the extant PR, so as to ensure that we can effectively prevent, suppress and impose punishment for acts and activities endangering national security; continue to strengthen the legal basis for correctional officers in discharging their duties; maintain the security, good order and discipline of prisons; and facilitate the rehabilitation of PICs and protect their lawful rights and interests. We also put forward other amendments to strengthen the enforcement effectiveness of the Correctional Services Department. At the same time, we have reviewed and will amend other provisions with a view to making the PR more up-to-date and meeting the needs for the management of correctional institutions.
     
         “Amidst the present complicated geopolitical situation, national security risks still exist. It is necessary to amend the PR as soon as possible to prevent and resolve relevant risks in a timely manner, the earlier the better, for safeguarding national security effectively.
     
         “The Amendment Rules will be tabled at the Legislative Council (LegCo) for negative vetting on July 23. The Government will proactively facilitate the scrutiny work of the LegCo, with a view to further strengthening the solid defence in safeguarding national security.”

    MIL OSI Asia Pacific News –

    July 16, 2025

  • MIL-OSI Russia: Sergei Sobyanin: Moscow is the largest center for the development of creative industries

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    An important disclaimer is at the bottom of this article.

    Moscow is the largest center for the development of creative industries in the country. Cinema, music, video games, publishing, design, theater and advertising not only make the lives of city residents brighter, but have also established themselves as the most important sector of the capital’s economy. Its share in the total volume of gross regional product in 2023 reached 10.1 percent, which is 3.3 trillion rubles. Sergei Sobyanin spoke about the development of creative industries in his blog.

    “Over the past five years, the number of organizations and individual entrepreneurs in this area has grown by 11.7 percent and has already exceeded 113 thousand. Accordingly, more and more Muscovites find themselves in creative professions. The revenue of companies is also growing steadily: last year, the creative industries sector earned 103.8 percent more than in 2019 — 6.7 trillion rubles,” the Moscow Mayor wrote.

    Movie

    Despite sanctions and other challenges of recent years, the capital’s film industry is on the rise. More than 80 percent of Russian films and TV series are shot in Moscow.

    Last year, about 120 projects were filmed on the sites of the Moscow film cluster, which is 2.5 times more than in 2023. Among them are the leaders of the distribution and film platforms of 2024-2025: “Not on the Lists”, “Kholop-2”, “The Master and Margarita”, “Led-3”, “Baba Yaga Saves the New Year”, “The Last Knight. Legacy”, “One Hundred Years Ago”, “The Flying Ship”, “The Word of a Boy. Blood on the Asphalt” and others.

    The Moscow Film Cluster, created on the initiative of the Moscow Government, currently unites several sites. Among them is the legendary Gorky Film Studio, where large-scale work on modernizing the historical territory on Sergei Eisenstein Street and the site in Valdaisky Proyezd will be completed by the end of the year. The modern full-cycle film factory Moskino on Ryazansky Prospekt has also become part of the film cluster. In addition, a super-modern complex has been created – the Moskino film park in TiNAO. Its construction is ongoing, now there are 24 natural sites in the film park, and by 2030 there will be 70. Any ideas of film crews can be realized here.

    In addition, the cluster includes a film platform. “Moschino”— a convenient service for professionals, where in a couple of clicks you can rent a location for filming not only at a film studio, but also in the city, as well as learn about grants, rent costumes, props and much more. Over the past year, the platform has been used 1.7 million times.

    In the new season of the project “Summer in Moscow” Anyone can get to know the films, the process of their creation, and learn more about the history of cinema. Guests are invited to the Moskino Cinema Park, the Gorky Film Studio, and many themed areas on the capital’s boulevards.

    The Moskino cinema park organizes exciting events for city residents and guests of the capital as part of the Cinema Weekend project. These are dozens of master classes, staged filming based on favorite Soviet and Russian films, creative evenings and lectures by film industry professionals, performances by musicians, plays and film screenings in the cinema of the same name.

    During tours of the oldest Gorky Film Studio, you can see authentic 20th century film cameras, more than 100 rare photographs from film sets, stills from your favorite films, unique costumes and props.

    IT and video games

    There are over 33,000 organizations involved in the capital’s IT and video game industry. Their total annual revenue last year exceeded 3.9 trillion rubles.

    “The industry is developing rapidly. And as usually happens, in such periods the main problem is a huge shortage of personnel. In one of the previous posts I already said that Moscow colleges offer new

    specialties, including a developer of computer games, augmented and virtual reality. At the same time, we provide support to professionals. The Agency for Creative Industries implemented 125 projects in 2024, including the accelerator for indie developers “Video Game Factory,” said Sergei Sobyanin.

    “Video Game Factory” provides full support for developers – from the idea to finding investors. The accelerator holds educational lectures and webinars, Q&A sessions, and works with curators. Currently, 60 pilot versions of games in different genres have been created. Among them are a detective story based on the works of Mikhail Bulgakov, an adventure quest based on the fairy tales of Alexander Pushkin, and a puzzle in the interiors of a spaceship.

    Moscow game developers have long needed their own space, so in 2025, the first video game and animation cluster in Russia will open in the Skolkovo Innovation Center. Its residents will be leading Russian development companies and animation studios. Uniting under one roof, they will be able to create video games of any type and complexity. The cluster will unite all stages of content production and promotion – from training specialists to support in promotion in foreign markets.

    Residents will have access to offices, meeting rooms, server rooms, a motion capture studio, a space for sound recording, a lecture hall, a conference hall, an exhibition area and much more.

    Publishing

    There are about 12 thousand organizations engaged in publishing activities in Moscow – this is 10.6 percent of all companies in the creative industries. Total revenue last year amounted to about 349.1 billion rubles.

    This industry also does not remain without city support. The Agency for Creative Industries is implementing the project “Publishing Seasons”: at the largest International Fair of Intellectual Literature Non/fiction, Moscow publishers and illustrators can present their products free of charge.

    Last year, the Moscow International Publishing Week was held for the first time in the capital. Over the course of four days, more than 45 publishers from 13 countries took part in it – Argentina, Brazil, China, Serbia and others. During this time, over 200 meetings of representatives of the book market took place, 34 export contracts were concluded for the publication of books with a total circulation of 55 thousand copies.

    Since 2023, under the auspices of the Moscow Agency for Creative Industries, a business mission of Moscow publishing houses to China has been carried out annually at the Shanghai International Children’s Book Fair.

    And now, as part of the project “Summer in Moscow” You can buy books in pavilions on Moscow boulevards.

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

    July 16, 2025

  • Iceland volcano erupts for 12th time since 2021

    Source: Government of India

    Source: Government of India (4)

    A volcano erupted in south-west Iceland on Wednesday, the country’s meteorological office said, marking the latest in a series of outbreaks near the capital in recent years.

    Often referred to as a land of ice and fire, the North Atlantic island nation with its many glaciers and volcanoes has now seen a dozen eruptions since geological systems on its Reykjanes peninsula reactivated in 2021.

    The outbreaks, known as fissure eruptions, are characterised by lava flows emerging from long cracks in the earth’s crust, rather than from a central crater.

    The Reykjanes eruptions have not so far posed a threat to the capital Reykjavik, nor have they caused significant dispersals of ash into the stratosphere, avoiding air traffic disruption.

    The nearby fishing town of Grindavik, home to nearly 4,000 residents before an evacuation order in 2023, however remains mostly deserted due to the periodic threat from lava flows and related eartquakes.

    The Blue Lagoon luxury spa and the nearby Svartsengi thermal power station have also been at risk from lava in some of the previous eruptions.

    Experts have said the eruptions in the area could recur for decades, or even centuries.

    Iceland, which is roughly the size of the U.S. state of Kentucky and has fewer than 400,000 residents, boasts more than 30 active volcanoes.

    That makes the north European island a prime destination for volcano tourism – a niche segment that attracts thousands of thrill seekers every year to sites from Mexico and Guatemala, to Sicily, Indonesia and New Zealand.

    (Reuters)

    July 16, 2025

  • MIL-OSI United Nations: UNESCO report warns of extracting activities near World Heritage sites

    Source: UNESCO World Heritage Centre

    UNESCO, the Church of England Pensions Board, Greenbank, the International Union for Conservation of Nature, and the World Wildlife Fund call on investors to adhere to industry commitments and ensure World Heritage Site protection.

    UNESCO and its partners today released a report which shows the extent to which extractive industries are encroaching upon UNESCO World Heritage sites.

    The report, “Extractive Activities in UNESCO World Heritage Sites: Commitments, Risks and Investment Implications”, offers the most comprehensive analysis to date on the presence and proximity of areas licenced for oil, gas, and mineral exploration and production in and around some of the world’s most treasured cultural and natural heritage sites.

    Jointly released by UNESCO, the Church of England Pensions Board, Greenbank, the International Union for Conservation of Nature (IUCN), and the World Wildlife Fund (WWF), the report also emphasizes the critical role investors can play in assessing their risk exposure and influencing extractive companies’ practices. The data and analysis in the report help investors identify and manage the risks, aligning their investment decisions with global heritage protection commitments.

    In addition, the report outlines several ways investors can identify, assess, and respond to risks arising from operations within and near UNESCO World Heritage sites. These guidelines rely on UNESCO policy standards, focusing on how investors can integrate these standards into their own processes.

    “World Heritage sites support millions of livelihoods through tourism, agriculture, and other vital sectors. Oil, gas, and mining companies – and their investors – have a crucial role to play in safeguarding these irreplaceable places from harm.”

    Extractive activities in UNESCO World Heritage sites

    Commitments, risks and investments implications

    Dowload the full report

    English

    Protected, but not safe

    According to the report, companies currently hold oil, gas, and mining assets – licensed areas for exploration or production – in 97 of the 266 assessed natural UNESCO World Heritage sites, representing 36 per cent of sites. These include mining claims in 58 sites, oil and gas wells in 27, awarded oil and gas blocks in 25, oil and gas bid blocks in 14, and mining projects in 10. More than 800 individual assets overlapping with natural and mixed sites have been identified worldwide, impacting every region.

    Updating a similar spatial analysis conducted by WWF in 2015, the report finds that more than half of the sites previously identified as affected by extractive overlaps remain so today, indicating persistent and unresolved pressure.

    The risks extend beyond the boundaries of sites themselves. Nearly half (48 percent) of natural sites lie within one kilometre of extractive activity, and 73 per cent are within 20 kilometres, placing them at increased risk of pollution, habitat destruction, and cultural disruption.

    For the first time, the report also evaluates risks to cultural World Heritage sites and  reveals that 17 per cent of them – 158 out of 925 – are within 500 metres of extractive activity. Oil and gas activities are found near 124 cultural sites, while mining activities affect 45.

    “Natural World Heritage sites are among nature’s most precious gifts to humanity yet, despite their status, they are still coming under ongoing pressure from oil, gas and mining companies. As hotspots of biodiversity and culture, these sites can help support sustainable development and tackle climate change – we should not put them at risk.”

    Extractives in World Heritage sites is an investment risk

    The overlap between extractive activities and World Heritage sites presents a serious investment risk as companies operating in sensitive locations face growing scrutiny from regulators, shareholders, civil society and the public. This can lead to project delays, fines, reputational damage, and even operational shutdowns, all of which can impact profit margins and undermine long-term investment value.

    The report urges investors and extractive companies to avoid operating in or near these high-risk areas and to ensure that their activities comply with internationally recognized environmental and social standards, including UNESCO’s guidance supporting the World Heritage ‘no-go’ commitment.

    “Investors must act as responsible stewards of capital by ensuring the companies they finance do not put World Heritage sites at risk. This is not just a conservation issue – it’s a matter of long-term financial and reputational risk investors need to manage.”

    A critical opportunity and a shared responsibility

    Despite the risks, a window of opportunity remains. Most of the identified extractive assets are still in the forms of claims and concessions rather than active mines or oil and gas wells. This provides a crucial chance to take preventive action before operations begin and irreversible damage occurs.

    Strong national legal protections, comprehensive impact assessments, and greater transparency of extractive licensing processes are essential. Licences that overlap with or threaten areas of high conservation value should be responsibly phased out.

    “Extractive activities have long been recognized as fundamentally incompatible with World Heritage status. It is essential that governments, investors, and companies respect these sites as off-limits to oil, gas and mineral concessions and operations.”

    To prevent harm to World Heritage sites, investors must integrate spatial, financial and reputational risks into their investment policies and decision-making. A growing number of companies and organizations have already taken this step, following the example of the International Council on Mining and Metals (ICMM), which was the first to adopt a World Heritage ‘no-go’ commitment.

    “We believe investors have a responsibility to recognise where clear limits to economic activities must be drawn and to support companies that operate with care and responsibility. At its heart, this is about protecting what cannot be replaced.”

    UNESCO thanks the Government of Flanders (Kingdom of Belgium) for its support in strengthening corporate sector engagement in the protection of World Heritage. Learn more at: https://whc.unesco.org/en/no-go-commitment/

    About UNESCO and the World Heritage Convention

    The United Nations Educational, Scientific and Cultural Organization (UNESCO) is a specialized agency of the United Nations dedicated to strengthening our shared humanity through the promotion of education, science, culture, and communication. It seeks to encourage the identification, protection and preservation of cultural and natural heritage around the world considered to be of outstanding value to humanity. This is embodied in an international treaty called the Convention concerning the Protection of the World Cultural and Natural Heritage, adopted by UNESCO in 1972.

    About the Church of England Pensions Board

    The Church of England Pensions Board provides retirement services to those who serve or work for the Church, managing pension schemes for over 43,000 members across 700 Church organizations. Managing around £3.4 billion in funds, it invests responsibly and sustainably for the long term to meet pension commitments. Guided by the ethics of the Church of England, it actively engages with companies and sectors to drive positive change alongside other investors, focusing on issues important to its members and their future. Find out more on their investment policy here.

    About Greenbank

    Greenbank provides investment management services for private investors, trusts and charities, and has been helping to drive change in finance, business and society through ethical and sustainable investment for over 20 years. As the sustainable investment specialists within Rathbones Group, Greenbank strives to be the natural home for investors seeking to align their investments with their values, providing sustainable investment as a standard, not an add on.

    About IUCN

    IUCN is the global authority on the state of the natural world and the measures needed to safeguard it. IUCN brings together 1,500 government and civil society members, over 17,000 affiliated experts, while also helping businesses implement practices that conserve nature and benefit people. Since 1972, IUCN has served as the official Advisory Body on nature under the World Heritage Convention, leading the technical evaluation of new nominations, monitoring existing sites, and supporting conservation action through our global network and granting tools. Learn more about IUCN’s World Heritage work here.

    About WWF

    WWF is an independent conservation organization, with over 35 million followers and a global network active through local leadership in over 100 countries. Its mission is to stop the degradation of the planet’s natural environment and to build a future in which people live in harmony with nature, by conserving the world’s biological diversity, ensuring that the use of renewable natural resources is sustainable, and promoting the reduction of pollution and wasteful consumption. Find out more at wwf.panda.org.

    MIL OSI United Nations News –

    July 16, 2025

  • MIL-OSI China: Qinghai pioneers green growth with ecology-first strategy

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

    Standing at the heart of a 609-sq-km photovoltaic park located in the Talatan Gobi Desert in Gonghe County, northwest China’s Qinghai Province, China Arab TV correspondent Ayoub Bechrouri enthusiastically began recording his report with his smartphone.

    Behind him stretches a captivating “blue sea” — an endless expanse of photovoltaic panels covering the landscape. Beneath these gleaming solar arrays, verdant grasslands thrive where flocks of sheep graze contentedly, showcasing the perfect harmony between renewable energy and sustainable agriculture.

    “This is a good example of green energy development,” Bechrouri said. “I hope to see China-Arab collaboration bring Chinese technologies to Arab countries.”

    Hailing from Morocco, Bechrouri was part of a delegation of around 30 international journalists from countries including the United States, Germany, Japan and Spain on a three-day tour of Qinghai organized by China’s State Council Information Office. The media delegation experienced firsthand how this northwestern province is pioneering China’s ecological civilization drive through concrete green development projects.

    ECO-FRIENDLY ENERGY

    “In a sunny country like Spain, people have been paying attention to the ecological impact of the construction of large photovoltaic power stations,” said Alvaro Alfaro Ruiz-Alberdi, a journalist at the Spanish news agency Agencia EFE. “I find it interesting to examine how Qinghai maintains the balance between this energy development and environmental protection.”

    The Spanish correspondent found the answer at this very photovoltaic park, one of the highest-capacity solar power facilities globally, in Gonghe.

    The park’s innovative eco-industrial model — power generation atop solar panels, grass cultivation between panels, and sheep grazing beneath them — has restored vegetation coverage to 80 percent in an area that was once a dust-blown stretch of the Gobi Desert, according to Wang Anwei, director of the energy bureau of Hainan Tibetan Autonomous Prefecture, which administers Gonghe.

    This agrivoltaic model has also boosted income for livestock farming, generating over 10,000 yuan (about 1,398 U.S. dollars) per mu (about 0.07 hectares), and has helped lift 173 neighboring villages out of poverty.

    “Now my flock has grown to about 800 sheep, and my income from grazing alone has doubled compared to before,” said Zhao Guofu, a herder who began grazing his sheep here six years ago.

    By the end of 2024, the total investment in clean energy in the Hainan Tibetan Autonomous Prefecture reached 16.18 billion yuan, with annual clean energy power generation amounting to 46.32 billion kWh. Notably, photovoltaic power generation was about 17.9 billion kWh, representing a year-on-year increase of 16.21 percent.

    IMPROVED BIODIVERSITY PROTECTION

    In the summer, Qinghai Lake, located in the northeastern part of the Qinghai-Xizang Plateau, shimmers with azure waves, teeming with visitors. Brown-headed gulls wheel above the water surface, while vast schools of the lake’s unique species, naked carp, which is classified as vulnerable on the China Species Red List, glide beneath.

    “The naked carp constitutes over 90 percent of the lake’s total fish population and serves as the primary prey for birds such as brown-headed gulls. This species plays a vital role in maintaining the ecosystem and biodiversity of the Qinghai Lake basin,” said Wang Shuning, with the protection and utilization administration of the Qinghai Lake scenic area.

    Due to overfishing and environmental deterioration, the population of naked carp sharply declined in the 1960s and 1970s. In order to protect the species and restore the Qinghai Lake environment, Qinghai banned naked carp fishing at the lake in 2001, following a series of temporary prohibitions from the 1980s onward.

    Between 2002 and 2023, the biomass of naked carp increased nearly 46-fold. Additionally, as the only habitat of Przewalski’s gazelles, an endangered antelope species, the Qinghai Lake basin has seen the total number of the species recover from fewer than 300 at the beginning of conservation efforts to approximately 3,400 currently. This remarkable growth reflects the concerted conservation efforts by both the Chinese government and local communities.

    The province has adopted a holistic approach to the protection and systematic governance of the symbiotic ecosystem of “water-grass-fish-birds-animals” in the Qinghai Lake basin. It has established monitoring platforms for ecological sensing and hydrological early warning, and has gradually set up over 300 ecological monitoring sites.

    Two years ago, local resident Dorje Tsomo became an ecological ranger at the Qinghai Lake scenic area. On duty, she always carries a camera to document environmental changes around the lake and a field manual compiling 98 species of waterbirds, which serves as her constant reference for learning their distinctive features, distributions and conservation statuses.

    “We also use a WeChat mini-program to document patrol routes, while nearby villagers promptly report injured birds. Together, we protect Qinghai Lake, the home we all share,” she said.

    According to Chen Dehui, deputy director of the protection and utilization administration of the Qinghai Lake scenic area, growing numbers of herders are voluntarily taking on new roles — as photographers capturing the lake’s natural beauty and as interpreters in ecological education programs — diversifying their income sources while sharing in the rewards of conservation.

    “Qinghai Lake’s ecological conservation is truly impressive,” said Furuta Natsuya, a journalist with Japan’s Hokkaido Shimbun who visited Qinghai for the first time. “Here, I witnessed a genuine model of human-nature coexistence and felt the profound connection between people and the natural world.”

    ECOLOGY-ENRICHED PROSPERITY

    In April this year, Kanbula, located in Jainca County of Huangnan Tibetan Autonomous Prefecture in Qinghai, was officially designated as a UNESCO Global Geopark. The park spans roughly 3,149 square kilometers with striking fiery-red Danxia landforms, towering jagged peaks, hidden caves and emerald lakes.

    “This world-class geological landmark not only enhances geo-conservation efforts, but also accelerates local infrastructure development, drawing global visitors to fuel cultural tourism revenues in the area,” said Hou Guangliang, a professor at Qinghai Normal University’s school of geographical sciences.

    In recent years, Dekyi Village, which is near the geopark, has become a living example of turning “ecological assets into economic gains.”

    “Thanks to government-sponsored training programs, our family now runs a homestay and agritourism business,” local villager Jorgyi said. “Last year, we earned over 70,000 yuan, and this year looks even more promising.”

    The village receives over 200,000 annual visitors, generating more than 1 million yuan in collective and individual dividends.

    “Like many regions in Hokkaido facing population decline, I’m particularly interested in rural revitalization. I hope to gain firsthand insights into how Chinese grassroots communities have experienced poverty alleviation and the tangible outcomes of government initiatives,” said Furuta.

    Both China and Japan are actively exploring sustainable development pathways, Furuta noted, adding that the Qinghai visit gave him profound insight into how both countries’ successful practices in community governance, ecotourism and cultural integration merit mutual learning. 

    MIL OSI China News –

    July 16, 2025

  • MIL-OSI: Interim report for Q2

    Source: GlobeNewswire (MIL-OSI)

    Guidance for pre-tax profit lifted by DKK 100 million supported by a solid insurance service result and improvement in the underlying business in Q2

    • Guidance for the insurance service result is lifted by DKK 50 million to DKK 1.6-1.8 billion excluding H2 run-offs.
    • Guidance for the investment result is lifted by DKK 50 million to DKK 250 million.
    • The insurance service result was a profit of DKK 520 million in Q2 2025 (DKK 312 million), which is the highest result realised to date. The result was driven by highly satisfactory premium growth, an improved claims experience and favourable developments in the expense ratio.
    • Insurance revenue grew at a highly satisfactory rate of 8% to DKK 2,950 million (DKK 2,725 million), driven in particular by strong premium growth of 11% in Personal Lines.
    • The undiscounted underlying claims experience improved by 5.2 percentage points to 62.2, driven by growth in both Personal Lines and Commercial Lines and reflecting, among other things, the results of profitability-enhancing measures and synergy gains.
    • The combined ratio was 82.3 (88.5), driven by fewer major claims, an improved underlying claims experience and a lower expense ratio.
    • The expense ratio improved significantly to 16.7 (18.0), reflecting the group’s objective of lowering the cost level.
    • The implementation of synergy initiatives is progressing according to plan and generated a positive accounting effect of DKK 151 million in Q2 2025.
    • Highly satisfactory investment result of DKK 102 million (DKK 65 million), with shares and bonds contributing favourably to the result.

    CEO Rasmus Werner Nielsen on the Q2 financial results:
    “We recorded a satisfactory performance in the second quarter, assisting customers with building, contents and motor claims in particular, and providing insurance advice to more than a quarter of a million customers in a period characterised by uncertainty on several fronts.

    In the second quarter, we once again onboarded many new customers, which contributed to the strong growth we recorded in insurance revenue. At the same time, we are on track to realise our ambitious plan to create a more efficient organisation and thereby strengthen our competitiveness for the benefit of our customers. The Q2 financial results underline the Group’s resilience, supported by satisfactory Personal and Commercial Lines, both contributing to the favourable development.

    Although the second quarter was characterised by relatively mild weather conditions, we continue our efforts to advise and assist our customers with protection against severe weather conditions in the future. Most recently, with the support of Alm. Brand Foreningen 1792, we launched a new offer to assist customers previously affected by weather-related claims with climate-proofing their houses.”

    This interim report and related materials are available at Alm. Brand Group’s investor website: Q2 2025

    Webcast and conference call
     Alm. Brand will host a conference call for investors and analysts today, Wednesday 16 July 2025 at 11:00 a.m. The conference call and presentation will be available on Alm. Brand Group’s investor website:

    Conference call dial-in numbers for investors and analysts (PIN: 490681):

    Denmark: +45 89 87 50 45
    UK: +44 20 3936 2999
    USA: +1 646 664 1960

    Link to webcast: Alm. Brand Group Q2 2025

    Contact
     Please direct any questions regarding this announcement to:

    Investors and equity analysts:                          

    Head of Investor Relations & ESG                    
    Mads Thinggaard                                
    Mobile no. +45 2025 5469               

    Press:                                                                                               

    Head of Communications and Media Relations
    Mikkel Luplau Schmidt
    Mobile no. +45 2052 3883

    Attachments

    • AS 50 2025 – Preliminary statement of financial results Q2 2025
    • AB GROUP 2Q 2025 English

    The MIL Network –

    July 16, 2025

  • MIL-OSI: Production Temporarily Suspended at DNO Kurdistan Fields Following Explosions

    Source: GlobeNewswire (MIL-OSI)

    Oslo, 16 July 2025 – DNO ASA, the Norwegian oil and gas operator, reports that operations at its Tawke license in the Kurdistan region of Iraq have been temporarily suspended following three explosions early this morning, one involving a small storage tank at Tawke and the other involving surface processing equipment at Peshkabir. There have been no injuries. The damage assessment is underway and the Company expects to restart production once the assessment is completed.

    For further information, please contact:
    Media: media@dno.no
    Investors: investor.relations@dno.no

    –

    DNO ASA is a leading Norwegian oil and gas operator active in the Middle East, the North Sea and West Africa. Founded in 1971 and listed on the Oslo Stock Exchange, the Company holds stakes in onshore and offshore licenses at various stages of exploration, development and production in the Kurdistan region of Iraq, Norway, the United Kingdom, Côte d’Ivoire and Yemen. More information is available at www.dno.no.

    This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

    The MIL Network –

    July 16, 2025

  • MIL-OSI: Richemont posts solid start to the year for its first quarter ended 30 June 2025

    Source: GlobeNewswire (MIL-OSI)

    AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR

    16 JULY 2025

    RICHEMONT POSTS SOLID START TO THE YEAR FOR ITS FIRST QUARTER ENDED 30 JUNE 2025

      
    Highlights for the quarter ended 30 June 2025

    • Group sales at € 5.4 billion, up by 6% at constant exchange rates and by 3% at actual exchange rates in a volatile macroeconomic and geopolitical context
    • Continued strength at Jewellery Maisons, up by 11% at constant exchange rates; softer sequential rate of decline at Specialist Watchmakers, down by 7%; ‘Other’, including Fashion & Accessories Maisons, at -1%
    • Double-digit growth in Europe, the Americas and Middle East & Africa; stable sales in Asia Pacific at constant exchange rates; Japan down on high comparatives in prior-year period
    • Consistent growth across all distribution channels, led by Jewellery Maisons
    • Robust net cash position at € 7.4 billion, after cash transferred to YNAP upon closing of the sales transaction with LuxExperience 
    April-June   2025 2024 Movement at:
        €m €m constant rates actual rates
    By region Europe 1 295 1 171 +11% +11%
      Asia Pacific 1 731 1 809 – -4%
      Americas  1 335 1 215 +17% +10%
      Japan  527 603 -15% -13%
      Middle East & Africa  524 470 +17% +11%
               
    By distribution channel Retail 3 734 3 631 +6% +3%
      Online retail  323 315 +6% +3%
      Wholesale and royalty income  1 355 1 322 +6% +2%
               
    By business area Jewellery Maisons 3 914 3 656 +11% +7%
      Specialist Watchmakers 824 911 -7% -10%
      Other 674 701 -1% -4%
    Total   5 412 5 268 +6% +3%

    Review of trading in the three-month period ended 30 June 2025 versus the prior-year period, at constant exchange rates

    Any long form references to Hong Kong, Macau and Taiwan within this company announcement are Hong Kong SAR, China; Macau SAR, China; and Taiwan, China respectively.

    At constant exchange rates, Group sales in the quarter ended 30 June 2025 rose by 6% in a volatile global macroeconomic and geopolitical context.

    The growth was led by double digit increases in Europe, the Americas and Middle East & Africa, more than offsetting Japan’s sales decline against high prior-year comparatives; sales in the Asia Pacific region remained stable. In Europe, sales grew by 11%, driven by robust demand from local clients and overall positive tourist spend, supported by successful high jewellery events. Almost all main markets in the region saw an increase in sales this quarter, with notable performances in Italy and Germany. In the Americas, sales growth remained strong at +17%, driven by supportive local demand across all business areas and markets. Sales in the Middle East & Africa region rose by 17%, led by the United Arab Emirates market as well as higher tourist spend. In Japan, sales declined by 15% against a demanding +59% comparative in the prior-year period, with a strengthening Yen strongly reducing tourist spend, most notably from Chinese clientele, whilst local demand remained positive. Asia Pacific sales were stable overall versus the prior-year period, as a 7% decline in China, Hong Kong and Macau combined was fully compensated by robust growth in almost all other Asian markets. Of note, sales in Australia and South Korea were up double digits.

    Growth was consistent across all distribution channels, each up by 6%, led by Jewellery Maisons. Retail sales accounted for 69% of Group sales, with growth across all regions excluding Japan. Wholesale sales growth was driven by solid increases in the Americas, Europe and Middle East & Africa. Online retail sales showed robust growth across almost all regions.

    The Group’s four Jewellery Maisons – Buccellati, Cartier, Van Cleef & Arpels and Vhernier – recorded an 11% rise in sales, marking a third consecutive quarter of double-digit growth, supported by both jewellery and watch product lines. All regions posted growth, except Japan that faced a very high comparative in the prior-year period. Specialist Watchmakers sales were 7% lower than the prior-year period, largely reflecting declines in sales in China, Hong Kong and Macau combined as well as in Japan, partly offset by double-digit growth in the Americas. The Group’s Other business area, which includes Fashion & Accessories Maisons, declined by 1% compared to the prior-year period. Notable highlights included continued solid momentum at Peter Millar and Alaïa, an encouraging performance at Chloé and robust growth at Watchfinder & Co.

    The Group’s net cash position at 30 June 2025 stood at € 7.4 billion (2024: € 7.3 billion) after accounting for the € 426 million cash-out upon completion of the sale of YNAP to Mytheresa on 23 April 2025.

    Corporate calendar

    The annual general meeting will be held on Wednesday 10 September 2025 in Geneva. The interim results for the current financial year will be announced on Friday 14 November 2025. The Group’s corporate calendar is available on https://www.richemont.com/investors/corporate-calendar/.

    About Richemont
    At Richemont, we craft the future. Our unique portfolio includes prestigious Maisons distinguished by their craftsmanship and creativity. Richemont’s ambition is to nurture its Maisons and businesses and enable them to grow and prosper in a responsible, sustainable manner over the long term.

    Richemont operates in three business areas: Jewellery Maisons with Buccellati, Cartier, Van Cleef & Arpels and Vhernier; Specialist Watchmakers with A. Lange & Söhne, Baume & Mercier, IWC Schaffhausen, Jaeger-LeCoultre, Panerai, Piaget, Roger Dubuis and Vacheron Constantin; and Other, primarily Fashion & Accessories Maisons with Alaïa, Chloé, Delvaux, dunhill, G/FORE, Gianvito Rossi, Montblanc, Peter Millar, Purdey, Serapian as well as Watchfinder & Co. Find out more at https://www.richemont.com/ .

    Richemont ‘A’ shares are listed on the SIX Swiss Exchange, Richemont’s primary listing, and are included in the Swiss Market Index (‘SMI’) of leading stocks. The ‘A’ shares are also traded on the Johannesburg Stock Exchange, Richemont’s secondary listing.


    Investor/analyst and media enquiries

    Alessandra Girolami, Group Investor Relations Director

    James Fraser, Investor Relations Executive

    Investors/analysts enquiries: +41 22 721 30 03; investor.relations@cfrinfo.net 

    Media enquiries: +41 22 721 35 07; pressoffice@cfrinfo.net; richemont@teneo.com 

    Disclaimer

    The financial information contained in this announcement is unaudited.

    This document contains forward-looking statements as that term is defined in the United States Private Securities Litigation Reform Act of 1995. Such forward-looking statements are not guarantees of future performance. Richemont’s forward-looking statements are based on management’s current expectations and assumptions regarding the Company’s business and performance, the economy and other future conditions and forecasts of future events, circumstances and results. Our retail stores are heavily dependent on the ability and desire of consumers to travel and shop and a decline in consumers traffic could have a negative effect on our comparable store sales and/or average sales per square foot and store profitability resulting in impairment charges, which could have a material adverse effect on our business, results of operations and financial condition. Reduced travel resulting from economic conditions, retail store closure orders of civil authorities, travel restrictions, travel concerns and other circumstances, including disease epidemics and other health-related concerns, could have a material adverse effect on us, particularly if such events impact our customers’ desire to travel to our retail stores. International conflicts or wars, including resulting sanctions and restrictions on importation and exportation of finished products and/or raw materials, whether self-imposed or imposed by international countries, non-state entities or others, may also impact these forward-looking statements. If international tariffs are imposed or increased, materials and goods that Richemont imports may face higher prices, which could lead to reduced margins or increased prices that could cause decreased consumer demand. As with any projection or forecast, forward-looking statements are inherently susceptible to uncertainty and changes in circumstances. Actual results may differ materially from the forward-looking statements as a result of a number of risks and uncertainties, many of which are outside the Group’s control. Richemont does not undertake to update, nor does it have any obligation to provide updates of, or to revise, any forward-looking statements.

    © Richemont 2025

    This announcement does not contain full details and should not be used as a basis for any investment decision in relation to the Company’s shares. Please find the full announcement available in PDF below:

    Richemont FY26 – Q1 Sales PDF EN

    The MIL Network –

    July 16, 2025

  • MIL-OSI: ASML reports €7.7 billion total net sales and €2.3 billion net income in Q2 2025

    Source: GlobeNewswire (MIL-OSI)

    ASML reports €7.7 billion total net sales and €2.3 billion net income in Q2 2025
    Full-year 2025 expected total net sales growth of around 15% with gross margin around 52%

    VELDHOVEN, the Netherlands, July 16, 2025 – Today, ASML Holding NV (ASML) has published its 2025 second-quarter results.

    • Q2 total net sales of €7.7 billion, gross margin of 53.7%, net income of €2.3 billion
    • Quarterly net bookings in Q2 of €5.5 billion2 of which €2.3 billion is EUV
    • ASML expects Q3 2025 total net sales between €7.4 billion and €7.9 billion, and a gross margin between 50% and 52%
    • ASML expects a full-year 2025 total net sales increase of around 15% relative to 2024, with a gross margin of around 52%
    (Figures in millions of euros unless otherwise indicated) Q1 2025   Q2 2025
    Total net sales 7,742   7,692
    …of which Installed Base Management sales1 2,001   2,096
    New lithography systems sold (units) 73   67
    Used lithography systems sold (units) 4   9
    Net bookings2 3,936   5,541
    Gross profit 4,180   4,130
    Gross margin (%) 54.0   53.7
    Net income 2,355   2,290
    EPS (basic; in euros) 6.00   5.90
    End-quarter cash and cash equivalents and short-term investments 9,104   7,248

    (1) Installed Base Management sales equals our net service and field option sales.
    (2) Net bookings include all system sales orders and inflation-related adjustments, for which written authorizations have been accepted.
    Numbers have been rounded for readers’ convenience. A complete summary of US GAAP Consolidated Statements of Operations is published on www.asml.com.


    CEO statement and outlook
    “Our second-quarter total net sales came in at €7.7 billion, at the top end of our guidance. The gross margin was 53.7%, above guidance, primarily driven by higher upgrade business and one-offs resulting in lower costs.

    “We see continued progress in litho intensity, particularly in DRAM, and the introduction of the TWINSCAN NXE:3800E reinforces that momentum. Meanwhile, EUV adoption is advancing as planned, including High NA. This quarter, we shipped the first TWINSCAN EXE:5200B system.

    “Looking at 2026, we see that our AI customers’ fundamentals remain strong. At the same time, we continue to see increasing uncertainty driven by macro-economic and geopolitical developments. Therefore, while we still prepare for growth in 2026, we cannot confirm it at this stage.

    “We expect third-quarter total net sales between €7.4 billion and €7.9 billion, with a gross margin between 50% and 52%. We expect R&D costs of around €1.2 billion and SG&A costs of around €310 million. For the full year 2025, we expect a 15% increase in total net sales and a gross margin of around 52%,” said ASML President and Chief Executive Officer Christophe Fouquet.

    Update dividend and share buyback program
    An interim dividend of €1.60 per ordinary share will be made payable on August 6, 2025.

    In the second quarter, we purchased around €1.4 billion worth of shares under the current 2022–2025 share buyback program.

    Details of the share buyback program as well as transactions pursuant thereto, and details of the dividend are published on ASML’s website (www.asml.com/investors).

    Media Relations contacts Investor Relations contacts
    Monique Mols +31 6 5284 4418 Jim Kavanagh +31 40 268 3938
    Willem van Ewijk +31 6 2744 1187 Pete Convertito +1 203 919 1714
    Karen Lo +886 9 397 88635 Peter Cheang +886 3 659 6771
    Sarah de Crescenzo +1 925 899 8985  

      
    Quarterly video interview and investor call
    With this press release, ASML is publishing a video interview in which CEO Christophe Fouquet and CFO Roger Dassen discuss the 2025 second quarter and outlook for 2025. This video and the video transcript can be viewed on www.asml.com shortly after the publication of this press release.

    An investor call for both investors and the media will be hosted by CEO Christophe Fouquet and CFO Roger Dassen on July 16, 2025 at 15:00 Central European Time / 09:00 US Eastern Time. Details can be found on our website.

    About ASML
    ASML is a leading supplier to the semiconductor industry. The company provides chipmakers with hardware, software and services to mass produce the patterns of integrated circuits (microchips). Together with its partners, ASML drives the advancement of more affordable, more powerful, more energy-efficient microchips. ASML enables groundbreaking technology to solve some of humanity’s toughest challenges, such as in healthcare, energy use and conservation, mobility and agriculture. ASML is a multinational company headquartered in Veldhoven, the Netherlands, with offices across EMEA, the US and Asia. Every day, ASML’s more than 44,000 employees (FTE) challenge the status quo and push technology to new limits. ASML is traded on Euronext Amsterdam and NASDAQ under the symbol ASML. Discover ASML – our products, technology and career opportunities – at www.asml.com.

    US GAAP and IFRS Financial Reporting
    ASML’s primary accounting standard for quarterly earnings releases and annual reports is US GAAP, the accounting principles generally accepted in the United States of America. Quarterly US GAAP Consolidated Statements of Operations, Consolidated Statements of Cash Flows and Consolidated Balance Sheets are available on www.asml.com.

    The Consolidated Balance Sheets of ASML Holding N.V. as of June 29, 2025, the related Consolidated Statements of Operations and Consolidated Statements of Cash Flows for the quarter and six-month period ended June 29, 2025, as presented in this press release, are unaudited.

    Today, July 16, 2025, ASML also published its Statutory Interim Report for the six-month period ended June 29, 2025. The Statutory Interim Report is available on www.asml.com.

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

    Forward Looking Statements

    This document and related discussions contain statements that are forward-looking within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, including statements with respect to plans, strategies, expected trends, including trends in the semiconductor industry and end markets and business environment trends, expected growth in the semiconductor industry by 2030, our expectation that AI will be the key driver for the industry and the expected impact of AI demand on our business and results, our expectation that lithography will remain at the heart of customer innovation, expected demand, bookings, outlook of market segments, outlook and expected financial results including 2025 second-half outlook, expected results for Q3 2025, including net sales, Installed Base Management sales, gross margin, R&D costs, SG&A costs, outlook for full year 2025, including expected full year 2025 total net sales, gross margin, estimated annualized effective tax rate and expected IBM sales, expected full-year net sales growth percentage relative to 2024, current expectations relating to 2026 including expected drivers and uncertainties and preparation for growth in 2026, statements made at our 2024 Investor Day, including modelled revenue and gross margin opportunity for 2030, statements with respect to tariff announcements and the expected impact of such tariffs on our business and results, our expectation to continue to return significant amounts of cash to shareholders through growing dividends and share buybacks, statements with respect to our share buyback program, and statements with respect to dividends, statements with respect to expected performance and capabilities of our systems and customer plans, statements with respect to our ESG strategy and commitments and other non-historical statements. You can generally identify these statements by the use of words like “may”, “expect”, “will”, “could”, “should”, “project”, “believe”, “anticipate”, “expect”, “plan”, “estimate”, “forecast”, “potential”, “intend”, “continue”, “target”, “future”, “progress”, “goal”, “model”, “opportunity”, “commitment” and variations of these words or comparable words. These statements are not historical facts, but rather are based on current expectations, estimates, assumptions, plans and projections about our business and our future financial results and readers should not place undue reliance on them. Forward-looking statements do not guarantee future performance and involve a number of substantial known and unknown risks and uncertainties. These risks and uncertainties include, without limitation, risks relating to customer demand, semiconductor equipment industry capacity, worldwide demand for semiconductors and semiconductor manufacturing capacity, lithography tool utilization and semiconductor inventory levels, general trends and consumer confidence in the semiconductor industry, the impact of general economic conditions, including the impact of the current macroeconomic environment on the semiconductor industry, semiconductor market conditions, the ultimate impact of AI on our industry and business, the impact of inflation, interest rates, wars and geopolitical developments, the impact of pandemics, the performance of our systems, the success of technology advances and the pace of new product development and customer acceptance of and demand for new products, our production capacity and ability to adjust capacity to meet demand, supply chain capacity, timely availability of parts and components, raw materials, critical manufacturing equipment and qualified employees, our ability to produce systems to meet demand, the number and timing of systems ordered, shipped and recognized in revenue, risks relating to fluctuations in net bookings and our ability to convert bookings into sales, the risk of order cancellation, delays or push outs and restrictions on shipments of ordered systems under export controls, risks relating to the trade environment, import/export and national security regulations and orders and their impact on us, including the impact of changes in export regulations and the impact of such regulations on our ability to obtain necessary licenses and to sell our systems and provide services to certain customers, the impact of the tariff announcements, exchange rate fluctuations, changes in tax rates, available liquidity and free cash flow and liquidity requirements, our ability to refinance our indebtedness, available cash and distributable reserves for, and other factors impacting, dividend payments and share repurchases, the number of shares that we repurchase under our share repurchase program, our ability to enforce patents and protect intellectual property rights and the outcome of intellectual property disputes and litigation, our ability to meet ESG goals and commitments and execute our ESG strategy, other factors that may impact ASML’s business or financial results, and other risks indicated in the risk factors included in ASML’s Annual Report on Form 20-F for the year ended December 31, 2024 and other filings with and submissions to the US Securities and Exchange Commission. These forward-looking statements are made only as of the date of this document. We undertake no obligation to update any forward-looking statements after the date of this report or to conform such statements to actual results or revised expectations, except as required by law.

    Attachments

    • Link to press release
    • Link to consolidated financial statements

    The MIL Network –

    July 16, 2025

  • MIL-OSI Russia: Foreign inflow to China continues to rise in first half of 2025

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    BEIJING, July 16 (Xinhua) — Foreign nationals made 38.05 million border crossings into China in the first half of 2025, up 30.2 percent year on year, the National Immigration Administration of China said Wednesday.

    In the first six months, 13.64 million foreigners entered China visa-free, accounting for 71.2 percent of all foreign nationals who arrived in China in January-June. Compared with the same period last year, their number increased by 53.9 percent, according to state administration data. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

    July 16, 2025

  • MIL-OSI Russia: World Youth Development Forum opens in Suzhou, China

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    NANJING, July 16 (Xinhua) — The 2025 World Youth Development Forum opened in Suzhou, east China’s Jiangsu Province, on Tuesday. About 500 representatives from more than 100 countries and regions, as well as 17 international organizations, arrived in the Chinese city to participate in the forum.

    The event, themed “Unleashing Youth Potential for Global Development,” brought together youth ministers, youth leaders and youth representatives from around the world, giving participants the opportunity to share ideas in areas such as technological innovation, green development and cultural exchanges.

    The opening ceremony featured the presentation of 100 projects within the framework of the 2025 Global Action Plan for Youth Development and the official launch of the Global Youth Development Project Week.

    The forum will feature thematic sessions on green consumption and sustainable development, artificial intelligence and technological innovation, as well as the protection and preservation of cultural heritage. In addition, participants will enjoy a training camp and study tours.

    The World Youth Development Forum serves as a serious platform for uniting the forces of youth in implementing the UN 2030 Agenda for Sustainable Development and the global initiatives proposed by China in the areas of development, security and civilization.

    The Suzhou forum is jointly organized by the All-China Youth Federation, the UN office in China and the organizing committee of the World Youth Development Forum. The first forum was held in 2022. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

    July 16, 2025

  • MIL-OSI Russia: Most Canadians Prefer Tough Approach in Trade Talks with Trump – Poll

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    OTTAWA, July 16 (Xinhua) — Nearly two-thirds of Canadians want their government to take a tough approach in trade talks with U.S. President Donald Trump, according to a recent poll by the non-profit Angus Reid Institute.

    Sixty-three percent of respondents said Canada should take a hard line rather than a soft line. The researchers note that the data was collected both before and after Trump announced the new 35 percent tariff.

    “For Prime Minister Mark Carney and the Canadian negotiating team, the approach appears to be to keep a low profile rather than to elbow each other. The Canadians appear to want a stronger pushback,” the institute said.

    Polsters defined a hard approach as refusing to make major concessions even at the cost of worsening trade relations with the United States, while a soft approach involves making serious concessions in order to maintain good trade relations with the largest partner.

    Canadians were divided on Mr Carney’s ability to get a deal done, with 46 per cent saying they trusted the prime minister and his negotiating team and 45 per cent expressing doubts.

    Only 11 percent of respondents said that D. Trump would act in good faith and strive for a win-win outcome in the negotiations. More than 84 percent of respondents called the US President an unscrupulous actor. –0–

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

    July 16, 2025

  • MIL-OSI USA: Rep. Pat Fallon Statement on HASC Passage of FY 2026 NDAA

    Source: United States House of Representatives – Congressman Pat Fallon (TX-04)

    WASHINGTON, DC – In response to the House Armed Services Committee’s 55-2 vote in favor of passing the fiscal year 2026 National Defense Authorization Act, Military Personnel Subcommittee Chairman, Rep. Pat Fallon (TX-04) commented:

    “The FY 2026 NDAA delivers on the principle of peace through strength that President Trump has made a cornerstone of his America First agenda.”

    “I am proud to have voted in favor of this bill that would spur innovation, acquisition reform, and the restoration of America’s defense industrial base. In order to deter the looming threats posed by adversaries such as China and Russia, the US warfighter needs to have the best tools and resources at their disposal.”

    “After all, the potential conflicts of tomorrow will be decided by whomever has the best access to accurate, timely information, which means this bill’s investments in AI and drone technology will prove vital. At the same time, the United States’ missile defense status quo is currently unsustainable. Therefore, this bill also serves as a down payment on President Trump’s Golden Dome missile defense system, dovetailing with key investments in hypersonics and the space domain.”

    “America’s national security cannot wait, and this bill’s passage from committee is a major step in the right direction.”

    MIL OSI USA News –

    July 16, 2025

  • MIL-OSI Russia: Experts from the Call Me Back project gave advice on how to protect yourself from deepfakes

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    An important disclaimer is at the bottom of this article.

    Cybercriminals are constantly inventing new ways to deceive citizens. For example, the number of cases of fraud using deepfake technology has been growing recently. Using artificial intelligence, attackers reproduce voice messages and video calls allegedly from relatives, friends or colleagues. Then, using synthesized voices and videos, they try to lure out personal information and gain access to citizens’ savings. At the project event “Call me back yourself” Experts talked about common techniques used by criminals who use deepfake technology and gave useful recommendations to help protect yourself and your loved ones.

    Today, one of the most common methods of fraud based on deepfake technology is fake video calls, audio and images generated using artificial intelligence. Criminals can send a message in a messenger and even make a video call on behalf of relatives, friends, bosses and colleagues. They use audio, photos and video materials from social networks recorded during the conversation to create realistic messages. Then, based on this data, a neural network creates a digital double. This is done by superimposing a face on top of another on a real video recording. In some cases, the message is completely generated by artificial intelligence.

    After creating a deepfake, criminals begin an attack on a person. They send him a voice message, call him on a messenger via video link under the guise of a relative, friend, colleague or boss. At first, the fake character has a normal, confidential conversation, but then moves on to luring personal information, asking for money for some needs, for example, for treatment, or demanding to transfer it to some mythical safe account.

    “Fraudsters play out their schemes in several stages: first, they collect and process information about a potential victim, then they establish contact with them and lead them to the final maneuver – a call or video message supposedly from a person the user trusts. Under stress and psychological pressure, they can believe the deepfake, transfer money to the attackers or transfer personal information. To protect yourself, you do not need to block all calling friends and colleagues on your phone: you can recognize synthesized speech and images even despite their high realism and accuracy. Signs of deception may include unnatural facial expressions, desynchronization of voice and video, suspicious elements in the photo, unusual wording or pronunciation errors, a mechanical, emotionless voice,” said Valentina Shilina, head of the “Call Back Yourself” project of the Moscow

    Department of Information Technology.

    There are other ways to recognize a deepfake. For example, if the call is not from the subscriber’s usual number. You also need to consider the manner of communication. An attempt to intimidate, evoke strong emotions, force prompt decision-making, and other methods of psychological pressure may indicate the actions of an intruder. If any of the signs are noticed, the video call and communication should be stopped. To find out whether the call was from a relative or friend, you should contact the subscriber in another way to clarify the details.

    Simple recommendations from experts will help protect you from fraudsters when communicating in messengers. So, when answering a suspicious call, do not say “yes”, “I agree”, “I confirm”. Criminals can record the moment these words are spoken, and then use them to confirm any transactions on behalf of the deceived person.

    In addition, to communicate with family and friends, it is worth thinking up a password or a security question with an answer in advance. In the future, this will help determine that the conversation is not a fraudster. Attackers collect basic information about their victims and may already know some details of a person’s life, so a funny, unusual or absurd question will help confuse criminals.

    Experts also remind that you should not share SMS codes to access confidential information with anyone. No organization or company will ask you to disclose the code; only scammers will do this. And a public figure, such as a famous artist, blogger, or TV presenter, will never call an ordinary person.

    In addition, government organizations, law enforcement agencies, and companies do not use personal numbers and messengers. To check the information, it is enough to find out the landline phone number on the official website of the organization and call it to clarify the details. As a rule, all issues are resolved during a personal meeting at the official representative office. Also, to protect the device and account from theft and hacking, the user should set up two-factor authorization wherever possible: in banking and official applications, messengers, accounts on the government services portal.

    Learn more about how scammers use deepfakes and get useful and clear recommendations from experts in the webinar recording “Call me back yourself”. The project website also contains a memo with basic information on the topic. “Deepfake Scams: How to Avoid Being Scammed?”.

    A free telegram bot will help you check the audio message you received for synthesized speech and signs of fraud “Stopfake”, created as part of the “Call Back Yourself” project. The service uses artificial intelligence to analyze sent text messages, screenshots of correspondence, and audio files, determining the likelihood of fraudulent schemes.

    The online information project “Call Back Yourself” was created in 2022. It helps city residents protect themselves and their loved ones from telephone and Internet fraud.project website information about upcoming in-person and online events is available, as well as memos and recommendations from experts, recordings of past webinars and other useful materials.

    You can learn more about the capital’s digital ecosystem and study the history of technology development over 30 years thanks to this popular science film “Moscow in Digital”.

    The creation and support of information security tools, as well as counteracting cyber fraud, are in line with the objectives of the national project “Data Economy and Digital Transformation of the State”.

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

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

    July 16, 2025

  • MIL-OSI Russia: Summer under sail. How schoolchildren spend their holidays at the Peter the Great Children’s Marine Center

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    An important disclaimer is at the bottom of this article.

    Summer is not only a time of rest for schoolchildren, but also a time of new opportunities. The children go tohikes, are mastering circus arts and acting, try their hand at the role firefighters and rescuers and even go sailing.

    Residents learn to operate boats and yachts and understand sea and river navigation at the Moscow City Children’s Marine Center named after Peter the Great, a structural division of center for the development of creativity of children and youth “Hermes”Classes are held in the main building of the institution and in the waters of the Khimki Reservoir.

    A mos.ru correspondent went to the coast and found out how the kids are mastering shipping, rowing and yachting.

    “Eight”, bollard and navigation simulator

    The Moscow City Children’s Marine Center named after Peter the Great is located on Leningradskoe Shosse, not far from the Vodny Stadion metro station. Future sailors and their teachers have several buildings, separate berths, and part of the Khimki Reservoir at their disposal. In the summer, educational shifts of the “Vacation with Benefit” program are held here for schoolchildren. Each shift lasts five days. Under the guidance of counselors, children join squads – crews and from Monday to Friday from 09:00 to 18:00 learn the basics of navigation.

    “In one shift, we try to give each child the most useful and interesting things. The children get acquainted with the terminology, study the basics of maritime affairs, and then try to apply the acquired knowledge in practice. The uniqueness of our center is that we are the only organization in Moscow at the capital

    Department of Education, which has its own exit to the water area. The children learn to sail on rowboats and small sailboats. Six experienced teachers work with them, among them are masters of sports in rowing and professional yachtsmen. We invite children from seven to 14 years old to the summer program. Last year, about 600 people joined us in June, July and August,” says Artem Osadchiy, head of the Moscow City Children’s Marine Center named after Peter the Great.

    Young Muscovites take their first steps as cabin boys, navigators, boatswains and captains in the educational building of the center on Leningradskoe Shosse (building 56a). You can recognize it by its bright terracotta facades and a large sign that reads: “The path to the navy begins here.” The hall is decorated with a wind rose and a large wooden steering wheel, and the walls of the corridors are decorated with portraits of naval officers. We turn right and pass by display cases with models of sailing ships and submarines and go into one of the offices. Geographical maps hang on the walls, a huge globe stands on the cabinet, and a friendly group of guys from the third crew sit on chairs in front of a large screen. Today they are studying mooring methods and sea knots.

    A few minutes later, the children go out into the yard with the teacher and, like real sailors, try to throw the mooring lines — ropes — over the line indicated by the teacher. This is what sailors do to secure a ship to the pier. Then the children wrap the rope around the bollard — a pair of small metal pipes for mooring ships, making loops in the shape of the number eight. When the knots are tied tightly, the children jump for joy: the imaginary ship is moored!

    Another unusual task awaits the children at the next lesson. On the second floor, in one of the classrooms, there is a huge ship’s wheelhouse – a navigation simulator. The students sit down in chairs near the display, and the ocean rages in front of them on the big screen. It seems as if the cabin is really floating on the water. The realism of what is happening is enhanced by the sound of waves from the speakers. Using switches and levers, you can control the ship, completing tasks: save a person who has fallen overboard and go around a huge barge. A couple of seconds – and the weather on the screen changes: a storm begins. Visibility drops, but the children do not give up – they overcome the waves, maneuvering between the ships.

    “This simulator not only imitates navigation, but also develops the vestibular system, allowing you to understand how pitching feels. The simulator also helps in preparing for boating in the water area. The waves are small here, but skill is also needed. As a rule, going out on the water is the most anticipated event for the children. And we try to allow them on boats and yachts at least three times per shift. And in addition to navigation, the program includes unique activities: a tour of the Khimki Reservoir, laser tag, active games and tourism. Under the guidance of experienced instructors, children learn to pitch a tent and make a fire,” emphasizes Artem Osadchiy.

    River navigation and teamwork

    After theoretical lessons, the children head to the shore of the Khimki Reservoir, where snow-white boats await them on wooden piers. The children put on life jackets, descend from the pier onto the vessel and take up the oars. Vladimir Petukhov, a rowing coach and teacher at the Peter the Great Moscow City Children’s Marine Center, gets into the boat with them.

    “On rowboats, children learn to row. This activity develops strength, endurance and coordination, and teaches teamwork. In rowing, it is important to do everything in a coordinated and synchronized manner, because if one lags behind, the others feel it too. At the same time, the main task of the coach is not only to teach the child to row correctly, but also to help him cope with the fear of water or pitching. A boat passed, waves appeared, and the children became worried. And we calm them down, show how to overcome them with the bow or stern. You can also place the boat parallel to the waves. The children quickly remember and eagerly await the next lessons,” says Vladimir Petukhov.

    Among the brave rowers is second-grader Arkady Grozdov. He confidently holds the oar and looks around. At seven years old, he can not only control a rowboat, but also work in a team. In the future, the boy wants to become a captain and lead ships along the Moscow River.

    “Rowing is not an easy activity, but I really like it. I get into the boat, take the oar and get ready to follow the teacher’s commands. If he says “starboard”, it means you need to turn right, if “portboard” – to the left. It is important to row at the same time as the other guys. Without synchronized movements, nothing will work,” notes Arkady Grozdov.

    The boys row and the boats set sail. First they go straight ahead, then turn left, towards Nikolsky Tupik. Large vessels do not sail in this part of the Khimki Reservoir, and it is safe to learn navigation here.

    Set the sail

    The kids have also gathered at the neighboring pier. The boys and girls in colorful life jackets are waiting for centerboard boats — small boats with sails. Ekaterina Kochkina, a teacher at the Moscow City Children’s Marine Center named after Peter the Great, a master of sports in sailing and a hereditary yachtsman, helps the children get on them. Following the example of her father, brothers and sisters, she has been sailing yachts for more than 20 years. Introducing centerboard boats to young Muscovites, Ekaterina Kochkina tries to reveal to them all the intricacies of her favorite business.

    “A centerboard boat is a small yacht. We spread the sail and set the direction using a feather, similar to the fin of a bright orange rudder. Where we turn it, that’s where the boat will go. In order for the centerboard boat to start moving forward, you need to set the sail at an angle of about 45 degrees to the wind. When leaving the pier, we take two children on the boat, and we try to give each one a task. For example, one is responsible for the sail, the other for the helm,” says Ekaterina Kochkina.

    The most important thing in sailing is the wind. Even the youngest passengers of centerboard boats can determine its direction. Among them is nine-year-old Alexandra Molchanova. She spent her first shift under sail last year, and this summer she is already confidently holding her own on the boat and quickly determines which way the wind is blowing.

    “There are multi-colored strings on the sail – “sorcerers”. They help to set the yacht on course. If the boat is moving, and both strings fly back, it means we are going with the wind. I associate centerboard boats with the sea, and I like that, even living far from the south, you can feel like you are there. I have not yet thought about whether I will connect my life with shipping, but next year I would like to take part in such a shift again,” says Alexandra Molchanova.

    Having become familiar with boat and dinghy management, the children often stay at the center in the fall. From September, various thematic programs are held here, including ship modeling and robotics, and before the river navigation closes, separate classes in rowing and sailing are organized.

    You can register your child for a summer shift or annual courses at the Moscow City Children’s Marine Center named after Peter the Great atmos.ru portal using the service “Registration in clubs, sports sections and art schools” in the “Services” section. In the opened tab, you need to find the institution in the search bar. The registration will appear for the new school year.

    During the holidays, Moscow schoolchildren will master the basics of sailingSports, entertainment, recreation and new friends: how children can spend their holidays in MoscowUseful vacation: the project “Summer of my career” opens in Moscow“Summer in a New Format”: Moscow’s Employment Service Prepares a Program for Children

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

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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    MIL OSI Russia News –

    July 16, 2025

  • MIL-OSI Russia: More than 16 thousand Muscovites have joined the volunteer projects of the Dobroe Mesto centers

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    An important disclaimer is at the bottom of this article.

    The volunteer movement is actively developing in the capital, and nine “Good Place” centers play an important role in this. Since the beginning of the year, they have been visited by over 16 thousand people.

    The Dobroe Mesto centers are multifunctional spaces for in-person and online events, communication between friends and like-minded people, support for metropolitan organizations and volunteer associations, as well as forproviding to partners services.

    “Good Places” have become an integral part of the city residents’ personal and family life, a place for friends to meet, for their ideas to come true, and points of attraction. In our centers, you can start learning about useful activities and socially significant city projects. Anyone can become a volunteer and join events in the districts,” shared Alexander Levit, director of the Mosvolonter resource center.

    The centres are open from 10:00 to 21:00 Monday through Saturday, and on Sunday from 10:00 to 19:00. You can choose the one closest to your home or work atwebsite resource center “Mosvolonter”.

    By the end of the year, Muscovites who want to help the participants of the special military operation will be offered master classes on making camouflage nets, trench candles, dry showers and tactical bracelets. Volunteers who support animal shelters will create blankets, collars, beds and toys. Those who wish will be offered classes on painting shoppers, T-shirts and other events. You can register for the events atwebsite.

    From postcards to trench candles

    The centers provide everything you need to become part of the volunteer community: support, ideas, and like-minded people. Lectures and master classes, trainings, and round tables for Muscovites of different ages, professions, and interests are held here. Families from the district participate in events without going far from home. Children and adults find interesting activities for themselves.

    The most popular projects of “Good Place. SAO” were a board game tournament, a master class on creating postcards and a quest. In Zelenograd, the youth picnic gathered the most participants. In the center “Good Place. VAO” Muscovites enjoy creating with epoxy resin.

    In the south of the capital, most participants joined a master class on making postcards for veterans of the Great Patriotic War and a patriotic quest. Muscovites also created florariums and Easter decor.

    In the “Good Places” in the North-West, North-East and South-West Administrative Districts, city residents wove camouflage nets, created trench candles, knitted blankets for premature babies, painted wooden figures and helped homeless animals.

    Activities for helpers of all ages

    In “Good Place” you can always find support for your ideas. For example, volunteer of the center “Good Place. SAO” Daria Makhoydina held creative master classes for residents of the district, and Samira Amirova participated in the development of the competition “Volunteer District Games”.

    Before participating in city events, the Dobroe Mesto centers provide instructions or training. Newcomers receive equipment and ask questions to more experienced like-minded people. Since the beginning of the year, volunteer centers have helped to hold more than 190 city events. Among them are the Lapki festival, the 11th Red Square book festival, the work of the open-air museum Path to Victory, the city graduates’ holiday, and the health marathon.

    Volunteer center employees conduct kind lessons for schoolchildren and students. They help the children choose interesting areas of assistance and sign up for the first events. Since the beginning of the year, more than 110 kind lessons have been held for 4.4 thousand students.

    Exchange of experience and help from like-minded people

    “Good Place” is a platform for exchanging experiences. Leaders of volunteer associations hold round tables and joint discussions of city initiatives. More than 600 organizations have become partners of “Good Places”, most of them are educational institutions and non-profit organizations (NPOs). They develop volunteerism in districts, inspire beginning volunteers to choose their first activities and join regular assistance.

    For capital organizations, a free booking service is available in “Good Places”. In order to use it, you need to fill out a questionnaire aboutcooperation and become a partner of the resource center “Mosvolonter”. After that, in a special section on the website, you should select and book platformSince the beginning of the year, partners have used the service more than 130 times.

    In the district volunteer centers, representatives of NGOs and educational organizations receive methodological manuals and other training materials from the Mosvolonter center. They are pre-registered in the section “Ordering training materials”Since the beginning of the year, partners have used the service more than 50 times.

    Organizing volunteer activities and engaging in city events are in line with the objectives of the national project “Youth and Children” and the federal project “We are together”.

    You can find out more about the volunteer movement in the capital on the resource center website “Mosvolonter”, on his social network page “VKontakte” Andtelegram channel.

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

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

    July 16, 2025

  • MIL-OSI Russia: From July 17 to 20, the traffic pattern in the Garden Ring area will change

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    An important disclaimer is at the bottom of this article.

    The traffic pattern on the Garden Ring and several adjacent streets in central Moscow will temporarily change. This is due to the festival “Olympic Moscow”The holiday will take place on July 19, but preparations for it begin in advance.

    On July 17, from 00:01, parking will be prohibited on Zubovskaya Street (from Dashkova Lane to Bolshaya Pirogovskaya Street) and on Bolshaya Pirogovskaya Street (from Yelansky Street to Zubovskaya Street).

    On July 18 from 00:01 to 23:59 and on July 20 from 00:01 to 06:00, the lane on Zubovskaya Street (from Dashkova Lane to Bolshaya Pirogovskaya Street), Bolshaya Pirogovskaya Street (from Yelansky Street to Zubovskaya Street) and Barrikadnaya Street (from house 2/1, building 1 to the Garden Ring) will be closed to motorists.

    On July 19, from 00:01 to 17:00, traffic will be closed on Zubovskaya Street (from Dashkova Lane to Bolshaya Pirogovskaya Street), on Bolshaya Pirogovskaya Street (from Yelanskogo Street to Zubovskaya Street) and Barrikadnaya Street (from house 2/1, building 1 to the Garden Ring). On the same day, from 10:00 to 17:00, traffic will be closed on the Garden Ring and the section of Zubovskaya Street from Dashkova Lane to the Garden Ring.

    Drivers are asked to plan their route in advance, taking into account temporary changes. Full details can be found on the website Traffic Management Center.

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

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

    July 16, 2025

  • MIL-OSI Russia: “Active Citizens” will help diversify the “Book in the City” project

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    An important disclaimer is at the bottom of this article.

    “Active Citizen” invites residents of the capital to take part in a new voting, the results of which will help to diversify the program of events of the city project “Book in the City”They are held at three project sites. “Summer in Moscow” — in Pushkin Square, near the Vitali Fountain and on Sretensky Boulevard.

    The venues are open from 12:00 to 22:00 from Tuesday to Sunday. They feature open-air libraries, master classes, lectures, literary readings, meetings with writers, poets and artists – in total more than 700 cultural events. Free admission.

    Residents of the capital can choose which of the presented event formats they like the most, as well as representatives of which professions they would like to meet. In addition, city residents will suggest which of the outstanding Muscovites should be invited to participate in public speeches.

    “Active citizens” will share their reading habits, including choosing a convenient book format – electronic, audio or printed. And the survey participants will also talk about their favorite places to read and the most interesting literary genres. The wishes and interests of city residents will be taken into account when forming the program of events for the project.

    As part of the “Book in the City” project, a book was also prepared for “active citizens” thematic action. Its winners will receive colorful editions as a gift. “Moscow House of Books”, as well as a unique opportunity to personally communicate with famous artists – participants of the project.

    To take part in the promotion, users must share their opinion in the above-mentioned forum by July 29 inclusive. voting, and then enter the promo code KNIGA2025 in the special field in your profile on website or in the project’s mobile application. Then, 30 lucky winners will be selected using a random selection program. The list of winners will be published no later than July 31 in news project “Active Citizen”.

    The award ceremony for the winners will take place in early August at the venues of the Book in the City project. After the ceremony, there will be creative meetings with invited stars. The winners of the event will be able to get an autograph and take memorable photos with the artists.

    “A library is an atmosphere.” Olga Larina on children’s reading in a modern city“Book in the City”: from June 1, the capital will have areas for reading, communication and creativity

    “Moscow House of Books”— is the country’s largest state-owned chain of bookstores, continuing the traditions of book trade for more than half a century. Since its opening, the flagship store on Novy Arbat has become an important cultural venue 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 events will be added to traditional festivals and events.

    Project “Active Citizen” has been operating since 2014. During this time, more than seven million people have joined it, and over seven thousand votes have been held. Every month, the city implements from 30 to 40 decisions made by Muscovites. The project is being developed by the State Institution “New Management Technologies” and the capital Department of Information Technology.

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

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

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

    July 16, 2025

  • MIL-OSI Russia: Thematic holidays: Moscow Palace of Pioneers invites to summer shifts

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    An important disclaimer is at the bottom of this article.

    More than 2.7 thousand children will attend city programs of the Moscow Palace of Pioneers on Vorobyovy Gory. Another 3.8 thousand schoolchildren will take part in field shifts. This was reported by the press service of the capital’s Department of Education and Science.

    “This summer, the capital’s supplementary education centers have prepared almost 700 thematic shifts for young Muscovites. They will be visited by over 43 thousand children. One of the main venues was the Moscow Palace of Pioneers on Vorobyovy Gory, which organizes both city and off-site shifts. The children will enjoy interactive games, creative master classes, and events aimed at revealing leadership qualities. Over the summer, they will be visited by over 6.5 thousand people,” the department’s press service reported.

    All summer long, the Moscow Palace of Pioneers holds city shifts of the “Profile Quarter” project. Children from seven to 17 years old can take part in these programs. The children will enjoy creative and scientific master classes, thematic lectures, and outdoor activities.

    For example, participants in the “Inversion” shift, which will take place from August 2 to 8, will find themselves in a mysterious city lost in time and space, where they will have to complete team tasks.

    And on the program “Voskhod” from August 4 to 15, children will be able to immerse themselves in the world of achievements and traditions of the East. Schoolchildren will solve riddles, reveal the secrets of ancient manuscripts and the secrets of Eastern masters, and demonstrate their knowledge of ancient myths in an intellectual quiz.

    The Continent shift will feature a major economic game. Teams will distribute energy resources and create systems capable of supporting the development of the continent.

    Registration for some August shifts is still open.

    “I really like the summer shifts. I have great counselors, and what I remember most is how we did chemical experiments – mixing acid and alkali. Thanks to this, I became interested in science, I wanted to learn more about chemistry,” shared Sonya Vorobyova, a student at School No. 109.

    The Moscow Palace of Pioneers holds visiting programs at the Komanda educational center on the shore of the Istra Reservoir. Specialized shifts are organized for winners, prize winners, and active participants in city projects. Every year, visiting events are organized for more than 10,000 Moscow schoolchildren.

    The program “Call of the Ocean” recently ended, where participants were taught how to read maps and identify constellations. Children were told how the tides work, and were also introduced to the flora and fauna of the oceans.

    You can also register for the “Inversion” shift, which will take place from August 2 to 8. Children will find themselves in a mysterious city, lost in time and space, where they will have to complete team tasks.

    The “Proryv-3” shift from August 24 to 30 is aimed at developing the skills of the future. Its participants will master the principles of leadership and career planning, financial literacy and design skills. You can learn more about the programs at the “Team” educational center and register on the programs’ website Moscow Palace of Pioneers.

    And at the off-site educational intensive course “Focus”, participants will learn how to manage their attention, reduce the level of absent-mindedness and increase productivity in studies, work and creativity. Developing cognitive games have also been prepared for them.

    Supplementary education programs develop creative and critical thinking in schoolchildren and form skills for a future profession. The events held within the framework of these initiatives contribute to the project “All the best for children” of the national project “Youth and Children”.

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

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

    July 16, 2025

  • MIL-OSI Russia: More than 1,100 houses built according to individual projects will be renovated in Moscow

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    An important disclaimer is at the bottom of this article.

    Residential development in Moscow, especially given the architectural diversity of the central districts, is conventionally divided into two types: standard buildings and houses built according to individual projects. At the same time, unique architectural solutions are not only pre-revolutionary Art Nouveau or Soviet neoclassicism. Later and modern residential buildings were also often built according to individual projects. This year, specialists from the Moscow City Services Complex will overhaul more than 1,100 such houses.

    One of these buildings is located in Veskovsky Lane (house 4). It was built in 1901 in the eclectic style. The facades have decorative elements, and neighboring houses adjoin the ends. The first floor is separated from the upper part by a profiled cornice. There is a crowning cornice along the perimeter of the building. The building is also crowned with pinnacles.

    The façade, roof and entrances are currently being restored. The Moscow Capital Repairs Fund has developed an individual project for this building, which involves the use of modern domestic materials and technologies.

    The work began with cleaning the facade, treating the wet areas with antifungal compounds and restoring the brickwork. Then the builders will return the walls to their original peach cream color. The sandriks and pilasters will be painted signal white.

    The balconies will be put in order, the ebbs and slopes will be replaced. The entrances and basement will be repaired, a new external drainage system will be hung on the building. The walls and ceilings in the entrances will be painted and plastered, and the roof covering and lathing will be replaced on the roof. For a comfortable microclimate, mineral wool slabs will be installed, and all wooden structures will be treated with a fire-retardant composition. A new electrical network has already been laid in the building.

    The work will be carried out in an 11-story residential building on Narodnogo Opolcheniya Street (building 54). It was built according to an individual project in 1968. Specialists are putting the facade, roof, and engineering systems in order.

    The repair of the brick façade began with washing the exposed surfaces from accumulated dirt. Then the craftsmen restored the damaged areas of the brickwork and filled the weathered seams with a special compound. Wet areas were treated with antiseptic solutions. At the next stage, the walls will be covered with an invisible protective film that can withstand temperature changes.

    The entrances and basement will be put in order, the slopes will be repaired and modern double-glazed windows will be installed in common areas. The roofing will be replaced on the roof of the building. The builders will also update the power supply system, water mains, central heating risers, cold and hot water supply.

    This year, a panel building erected in Odoevskogo Passage (house 7, block 7) according to an individual project in 1996 will be put in order. Work in the 24-story building will be carried out using façade electric cradles. In order to minimize inconvenience for residents, the work was divided into several stages.

    First, the builders thoroughly washed the panels and cleared the interpanel seams from the old filling. The next stage will involve treating wet areas and insulating the interpanel seams, after which it will be time for sealing. The facade will be painted in shades of “pale sienna”, “rust” and “signal white”.

    At the final stage, the builders will replace the balcony screens and floor covering, install modern window units in common areas, repair the basement, and also install a new asphalt concrete blind area.

    The Moscow City Services Complex noted that the regional housing stock capital repair program being implemented in the capital is in line with the goals and objectives of the national project “Infrastructure for life”.

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

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

    July 16, 2025

  • MIL-OSI Russia: A new building under the renovation program is being erected on Velozavodskaya Street

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    An important disclaimer is at the bottom of this article.

    In the Danilovsky district in the south of the capital, construction of a house under the renovation program has begun. Its total area will exceed 15.5 thousand square meters. This was reported by the Minister of the Moscow Government, head of the capital’s Department of Urban Development Policy Vladislav Ovchinsky.

    The building is being erected at the address: Velozavodskaya Street, land plot No. 2, on the site of the vacated house 2, building 2.

    “In the Danilovsky district, construction of a house has begun

    renovation program for 176 apartments. It will fit into the existing development and infrastructure, providing future residents with a comfortable urban environment. Nearby are educational, medical institutions, shopping centers, metro stations “Dubrovka” and “Avtozavodskaya”, as well as the stations of the same name of the Moscow Central Circle. At present, the excavation of the pit and installation of sheet pile fencing are being completed at the site, and the foundation slab is being installed,” noted Vladislav Ovchinsky.

    The building will have four elevators, two of which will connect the underground parking with the residential levels. The ground floor will house a spacious lobby, a concierge room and a stroller room, while the rooms with a separate entrance will be able to accommodate pharmacies, shops, cafes or other commercial facilities.

    “In March

    Mosgosstroynadzor issued a permit for the construction of a facility under the renovation program on a land plot of almost 0.4 hectares. The developer has already sent a notice to the committee about the start of work on the site, after which inspectors have drawn up a program of on-site inspections. During these events, the quality of work and materials will be assessed to meet the requirements of the design documentation and the architectural and urban planning solution,” added the chairman of the capital’s State Construction Supervision Committee Anton Slobodchikov.

    Earlier, Sergei Sobyanin spoke about resettlement under the renovation program in Khoroshevo-Mnevniki.

    The program was approved in August 2017. It concerns about a million Muscovites and provides for the resettlement of 5,176 houses. Sergei Sobyanin ordered to increase the pace of implementation of the renovation program intwice.

    Moscow is one of the leaders among regions in terms of construction volumes. High rates of housing construction correspond to the goals and initiatives of the national project “Infrastructure for life”.

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

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

    July 16, 2025

  • Sensex, Nifty open lower amid mixed global cues

    Source: Government of India

    Source: Government of India (4)

    Indian benchmark indices opened on a flat note on Wednesday, reflecting weakness in Asian markets and investor caution ahead of corporate earnings releases and key global trade developments.

    At the start of the trading session, the BSE Sensex opened at 82,534.66, down 36.24 points, while the Nifty 50 at the National Stock Exchange (NSE) slipped 0.80 points to open at 25,196.60.

    In early trade, market breadth remained moderately positive, with 1,271 stocks advancing, 818 declining, and 171 remaining unchanged.

    On the NSE, SBI Life Insurance, Trent, Tech Mahindra, Hero MotoCorp, and Tata Consumer were among the top gainers. Meanwhile, Shriram Finance, Cipla, Hindalco, Reliance Industries, and TCS were notable laggards.

    Market analysts flagged concerns around US President Donald Trump’s recent announcement of 200% tariffs on pharmaceuticals, expected to be implemented this month, much sooner than his earlier indication of a 12–18 month timeline. Additionally, the threat of secondary tariffs up to 100% on countries engaging in trade with Russia, particularly those importing crude oil, is creating unease among investors. The deadline for these potential sanctions is September 2.

    “India is awaiting clarity on a US tariff deal. Trump’s abrupt announcement regarding pharma tariffs and the looming deadline for secondary sanctions on Russian oil imports are creating uncertainty. Disengaging from a strategic partner like Russia is not a viable option for India, which adds to investor anxiety,” said Ajay Bagga, Market and Banking Expert.

    Investors are also closely monitoring corporate margin pressures, global demand outlooks, and forward guidance from companies as earnings season progresses.

    Akshay Chinchalkar, Head of Research at Axis Securities, noted: “The Nifty gained 113 points to close at 25,196 yesterday, marking its first rise in five sessions. Technically, a swing low has been confirmed at 25,000. A close above 25,245 today could fuel further optimism. However, for bullish momentum to return convincingly, we need a daily close above 25,340. Support is currently seen between 24,940 and 25,000. While Asian markets remain flat, US index futures are down about 0.2%.”

    Indian benchmark indices had snapped a four-day losing streak on Tuesday, driven by gains in the Auto and Banking & Financial Services (BFSI) sectors. Broader markets outperformed, with the Midcap and Smallcap indices rising 0.8% and 1.0%, respectively. Market breadth was robust, with a healthy 2:1 advance-to-decline ratio, according to SBI Securities.

    (ANI)

     

    July 16, 2025

  • EAM Jaishankar slams terrorism at SCO meet, cites Pahalgam attack as example

    Source: Government of India

    Source: Government of India (4)

    External Affairs Minister Dr. S. Jaishankar on Tuesday stressed the importance of taking an uncompromising stance against terrorism, citing the recent Pahalgam terrorist attack in India, which was condemned by the UN Security Council.

    The Minister was speaking at the Shanghai Cooperation Organisation (SCO) Council of Foreign Ministers Meeting in Tianjin.

    He highlighted three evils – terrorism, separatism and extremism, which often occur together, in his post on X. He said, “Recently, we in India witnessed a graphic example in the terrorist attack in Pahalgam on 22 April 2025. It was deliberately conducted to undermine the tourism economy of Jammu and Kashmir while sowing a religious divide. The UN Security Council, of which some of us are currently members, issued a statement that condemned it in the strongest terms and ‘underlined the need to hold perpetrators, organizers, financiers and sponsors of this reprehensible act of terrorism accountable and bring them to justice’. We have since done exactly that and will continue doing so. It is imperative that the SCO, to remain true to its founding objectives, take an uncompromising position on this challenge.”

    He highlighted India’s commitment to holding perpetrators accountable and bringing them to justice.

    Jaishankar emphasised the need for SCO member states to work together to stabilise the global order, mitigate risks, and address longstanding challenges that threaten collective interests amid rising conflicts, competition, and economic instability.

    “In the last few years, we have seen more conflicts, competition and coercion. Economic instability is also visibly on the rise. The challenge before us is to stabilise the global order, de-risk various dimensions and, through it all, address longstanding challenges that threaten our collective interests,” the EAM posted on X.

    Jaishankar underscored the need for cooperation within the SCO to be based on mutual respect, sovereign equality, and adherence to the territorial integrity and sovereignty of member states. He also mentioned India’s initiatives in areas like startup innovation, traditional medicine, and digital public infrastructure.

    “India has taken several initiatives in the SCO in domains ranging from startup and innovation to traditional medicine and digital public infrastructure. We will continue to positively approach new ideas and proposals that are genuinely for our collective good. It is essential that such cooperation is based on mutual respect, sovereign equality and in accordance with the territorial integrity and sovereignty of member states,” said Jaishankar.

    Jaishankar emphasised the importance of addressing current issues, such as the lack of assured transit within the SCO space, to deepen collaboration and promote economic cooperation. He also highlighted the potential of the International North South Transport Corridor (INSTC) to boost regional connectivity.

    “Deepening collaboration within the SCO naturally requires more trade, investment and exchanges. For that to move to the next level, it is imperative that we address some current issues. One of them is the lack of assured transit within the SCO space. Its absence undermines the seriousness of advocating cooperation in economic areas. Another is to ensure the promotion of the International North South Transport Corridor (INSTC). We are confident that it will continue to gather momentum,” he added.

    Jaishankar stressed the need for the international community, particularly SCO members, to provide development assistance to Afghanistan, while ensuring regional stability and concern for the well-being of the Afghan people.

    “Afghanistan has been long on the SCO agenda. The compulsions of regional stability are buttressed by our longstanding concern for the well-being of the Afghan people. The international community, particularly SCO members, must therefore step up with development assistance. India, for its part, will certainly do so,” added Jaishankar.

    He noted the emergence of effective groupings like the SCO in a multipolar world and emphasised the importance of coming together on a shared agenda to contribute to shaping world affairs.

    “The world is today moving towards greater multipolarity. This is not just in terms of redistribution of national capacities, but also the emergence of effective groupings like SCO. Our ability to contribute to the shaping of world affairs will naturally depend on how well we come together on a shared agenda. That means taking everybody on board,” said Jaishankar.

    EAM Jaishankar held several high-level interactions on the sidelines of the SCO Foreign Ministers’ meeting.

    He met his Russian counterpart, Sergey Lavrov, on the sidelines of the Shanghai Cooperation Organisation (SCO) Foreign Ministers’ Meeting on Tuesday.

    In a post on X, Russia’s Foreign Ministry shared, “Russia’s Foreign Minister Sergey Lavrov and Minister of External Affairs of India @DrSJaishankar hold a meeting on the sidelines of the #SCO Council of Foreign Ministers meeting.”

    He also met Iranian Foreign Minister Seyed Abbas Araghchi on Tuesday on the sidelines of the Shanghai Cooperation Organisation (SCO) Foreign Ministers’ meeting in Tianjin, China.

    Jaishankar shared the update on X. He wrote, “Good to catch up with FM @araghchi of Iran, this time on the sidelines of the SCO Foreign Ministers Meeting in Tianjin.”

    Jaishankar is on an official visit to China to attend the SCO Foreign Ministers’ Meeting. He arrived in Beijing after concluding his trip to Singapore. This is also his first visit to China since the Galwan Valley clash in 2020, which severely strained ties between the two countries.

    Earlier in the day, Jaishankar, along with other SCO foreign ministers, met Chinese President Xi Jinping.

    His visit comes shortly after recent visits to China by Defence Minister Rajnath Singh and National Security Advisor (NSA) Ajit Doval, both of whom attended SCO-related engagements in June.

    Chinese Foreign Minister Wang Yi is also expected to visit India next month to meet NSA Ajit Doval. The meeting will be part of the Special Representatives (SR) dialogue mechanism, aimed at resolving the long-standing boundary dispute between the two countries. (ANI)

    July 16, 2025
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