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Category: Europe

  • MIL-OSI: Himax to Unveil Innovative WiseEye™ AIoT Solutions and Revolutionary Liqxtal® LC Optical Applications at embedded world 2025

    Source: GlobeNewswire (MIL-OSI)

    TAINAN, Taiwan, March 03, 2025 (GLOBE NEWSWIRE) — Himax Technologies, Inc. (“Himax” or “Company”) (Nasdaq: HIMX), an industry leader in fabless display driver ICs and semiconductors, today announced participation in embedded world 2025, a world-leading trade show for embedded electronics and industrial computing, taking place in Nürnberg, Germany, from March 10-12, 2025. At the event, Himax will showcase its innovative WiseEye™ AI technology, featuring a range of AIoT solutions focused on ultralow power AI sensing, biometric authentication, and thermal imaging sensing applications. Additionally, in collaboration with its subsidiary Liqxtal Technology Inc. (“Liqxtal”), Himax will present revolutionary liquid crystal (“LC”) optical applications, advancing industrial embedded displays, vision-assisted systems, and smart wearables.

    Ultralow Power WiseEye AI Driving Next Era of AIoT, Smart Sensing, and Thermal Imaging Sensing
    Himax WiseEye Ultralow Power AI Smart Sensing is a cutting-edge, integrated endpoint AI solution, comprising Himax’s proprietary ultralow power WiseEye AI processors, always-on CMOS image sensors, and CNN-based AI algorithms, ideal for AIoT applications. It has gained widespread acclaim and adoption across biometric authentication, occupancy detection, people flow management, smart home, smart office, and more. Notably, the latest WiseEye2 AI processor is PSA (Platform Security Architecture) certified, featuring a security-by-design approach to provide a secure and reliable foundation for AIoT applications.

    Among the featured showcases, the WiseEye PalmVein Module integrates palm vein and facial recognition, leveraging bimodal authentication technology to meet market demands for flexible access control, ensuring reliable operation across diverse use environments. Traditional fingerprint and facial recognition methods are susceptible to age, fingerprint quality, height, and lighting conditions, leading to identification errors. In contrast, the WiseEye PalmVein solution overcomes these challenges with advanced liveness detection to deliver high-precision authentication. It achieves an exceptionally low False Acceptance Rate (FAR) of one in a million and a False Rejection Rate (FRR) below 1%, significantly reducing the risks of fake attack and unauthorized access.

    At embedded world 2025, Himax, in collaboration with ecosystem partner Calumino, will showcase industry-leading thermal imaging sensing solutions. The solution combines Himax’s ultralow power WiseEye AI processor, WiseEye2, and low-power HM0360 CMOS image sensor with Calumino’s proprietary CMOS and MOMS (Micro-Opto-Mechanical System) technologies and AI algorithms. The integration enables advanced use cases, including people flow detection, people counting, assisted living, predictive maintenance, health monitoring, and security enhancement, all with ultralow power consumption. This advancement brings unprecedented innovation to thermal imaging sensing, unlocking expanded possibilities.

    Innovative Liqxtal LC-based Optical Technology Enhancing Smart Displays and Wearables
    Liqxtal specializes in LC-based optical technology, expanding its expertise to display and optical components. At the event, Himax and Liqxtal will jointly unveil a series of cutting-edge, patented products, namely Liqxtal® Graph, Liqxtal® Dim, and Liqxtal® Pro-Eye.

    Liqxtal® Pro-Eye is an innovative eye-protective display technology that made its debut at CES 2025, receiving widespread acknowledgment among industry leaders and accelerating industry adoption. The next-generation Liqxtal® Pro-Eye display, which will be showcased at embedded world 2025, delivers a 125-inch virtual screen experience at close range or within confined spaces. In vision care, Liqxtal® Pro-Eye helps alleviate digital eye fatigue by reducing ciliary muscle strain, benefiting professionals exposed to prolonged screen use, as well as individuals with presbyopia and myopia. In industrial display solutions, it is redefining personal HMI in embedded applications, making it ideal for manufacturing, aerospace, and defense sectors that require long hours of focused monitoring and operation.

    Liqxtal will also showcase its one-of-a-kind professional smart eyewear collection, featuring the award-winning Liqxtal® Graph and innovative Liqxtal® Dim. The latest Liqxtal® Graph, built on Liqxtal’s patented reflective TFT liquid crystal architecture, supports Bluetooth connectivity and mobile app integration, enabling dynamic digital content display on the outer lens surface of smart glasses without obstructing the user’s vision, while maintaining the same comfort as traditional eyewear. It is ideal for IoT remote monitoring, smart assisted display, and identification management, further enhancing the value of smart wearables. Liqxtal® Dim integrates Liqxtal’s proprietary pixelated light valve control technology powered by WiseEye AI. This advanced system detects the position of incident light sources in real time to achieve adaptive light dimming functionality for smart sunglasses with a response time of under 8 milliseconds. Additionally, it supports programmable light attenuation modes, making it suitable for vision training assistive devices and seamless integration into smart safety eyewear and industrial-grade programmable light regulation systems, enhancing visual safety and assistance.

    Himax and Liqxtal invite all interested parties to visit our embedded world 2025 exhibition booth at Hall 4, Stand 4-503, located at NürnbergMesse, Messezentrum 1, 90471 Nürnberg, Germany. Experience our groundbreaking WiseEye AI technology and Liqxtal optical solutions firsthand. To schedule a meeting or booth tour, please contact Himax at HX_WISEEYE@himax.com.tw or Liqxtal at info@liqxtal.com.tw.

    About Liqxtal Technology Inc.

    Liqxtal Technology Inc. is a Taiwan based company that has been focused on exploring opportunities with liquid crystal (“LC”) beyond just displays since the company’s inception. With a distinguished track record in liquid crystal optics, Liqxtal has developed liquid crystal based optical components such as LC lens for ophthalmic application, LC diffuser for 3D sensing and LC retarder for light sensing. Additionally, Liqxtal designed and released LQ001, a high voltage & tunable frequency LC driver with a 1mm x 2mm footprint, which is particularly ideal for portable products. As a subsidiary of Himax Technologies, Liqxtal also integrates novel display solutions such as tunable backlight with local dimming capability powered by FPGA for niche applications. Lastly, Liqxtal is dedicated to novel vision eyewear technology and strives to innovate and advance useful optical solutions to the world.

    About Himax Technologies, Inc.

    Himax Technologies, Inc. (NASDAQ: HIMX) is a leading global fabless semiconductor solution provider dedicated to display imaging processing technologies. The Company’s display driver ICs and timing controllers have been adopted at scale across multiple industries worldwide including TVs, PC monitors, laptops, mobile phones, tablets, automotive, ePaper devices, industrial displays, among others. As the global market share leader in automotive display technology, the Company offers innovative and comprehensive automotive IC solutions, including traditional driver ICs, advanced in-cell Touch and Display Driver Integration (TDDI), local dimming timing controllers (Local Dimming Tcon), Large Touch and Display Driver Integration (LTDI) and OLED display technologies. Himax is also a pioneer in tinyML visual-AI and optical technology related fields. The Company’s industry-leading WiseEyeTM Ultralow Power AI Sensing technology which incorporates Himax proprietary ultralow power AI processor, always-on CMOS image sensor, and CNN-based AI algorithm has been widely deployed in consumer electronics and AIoT related applications. Himax optics technologies, such as diffractive wafer level optics, LCoS microdisplays and 3D sensing solutions, are critical for facilitating emerging AR/VR/metaverse technologies. Additionally, Himax designs and provides touch controllers, OLED ICs, LED ICs, EPD ICs, power management ICs, and CMOS image sensors for diverse display application coverage. Founded in 2001 and headquartered in Tainan, Taiwan, Himax currently employs around 2,200 people from three Taiwan-based offices in Tainan, Hsinchu and Taipei and country offices in China, Korea, Japan, Germany, and the US. Himax has 2,649 patents granted and 402 patents pending approval worldwide as of December 31, 2024.

    http://www.himax.com.tw

    Forward Looking Statements

    Factors that could cause actual events or results to differ materially from those described in this conference call include, but are not limited to, the effect of the Covid-19 pandemic on the Company’s business; general business and economic conditions and the state of the semiconductor industry; market acceptance and competitiveness of the driver and non-driver products developed by the Company; demand for end-use applications products; reliance on a small group of principal customers; the uncertainty of continued success in technological innovations; our ability to develop and protect our intellectual property; pricing pressures including declines in average selling prices; changes in customer order patterns; changes in estimated full-year effective tax rate; shortage in supply of key components; changes in environmental laws and regulations; changes in export license regulated by Export Administration Regulations (EAR); exchange rate fluctuations; regulatory approvals for further investments in our subsidiaries; our ability to collect accounts receivable and manage inventory and other risks described from time to time in the Company’s SEC filings, including those risks identified in the section entitled “Risk Factors” in its Form 20-F for the year ended December 31, 2023 filed with the SEC, as may be amended.

    Liqxtal Contacts:

    Henry Hung, Deputy Director of Market & Sales Division
    Liqxtal Technology Inc.
    Tel: +886-6-505-0880
    Fax: +886-2-2314-0877
    Email: info@liqxtal.com

    Himax Contacts:

    Eric Li, Chief IR/PR Officer
    Himax Technologies, Inc.
    Tel: +886-6-505-0880
    Fax: +886-2-2314-0877
    Email: hx_ir@himax.com.tw
    www.himax.com.tw

    Karen Tiao, Investor Relations
    Himax Technologies, Inc.
    Tel: +886-2-2370-3999
    Fax: +886-2-2314-0877
    Email: hx_ir@himax.com.tw
    www.himax.com.tw

    Mark Schwalenberg, Director
    Investor Relations – US Representative
    MZ North America
    Tel: +1-312-261-6430
    Email: HIMX@mzgroup.us

    The MIL Network –

    March 3, 2025
  • MIL-OSI Africa: Wärtsilä Energy Joins Invest in African Energy (IAE) 2025 as Africa Pursues New Power Capacity

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

    PARIS, France, March 3, 2025/APO Group/ —

    Christoffer Ek, Director for Decarbonization Services at Wärtsilä Energy, will join the Invest in African Energy (IAE) Forum 2025 in Paris this May, bringing his expertise in sustainable energy solutions and decarbonization technologies to the forefront of Africa’s energy transition.

    Wärtsilä Energy, a global leader in smart technologies and services for the energy industry, has been at the cutting edge of decarbonizing energy systems through its innovative solutions. The company is dedicated to helping nations and organizations transition towards cleaner, more sustainable energy solutions by focusing on flexible power systems and renewable energy integration. Wärtsilä’s decarbonization strategy emphasizes the role of advanced technologies such as energy storage, hybrid power plants and renewable energy sources to reduce carbon emissions and accelerate the energy transition.

    IAE 2025 (www.Invest-Africa-Energy.com) is an exclusive forum designed to facilitate investment between African energy markets and global investors.Taking place May 13-14, 2025 in Paris, the event offers delegates two days of intensive engagement with industry experts, project developers, investors and policymakers. For more information, please visit www.Invest-Africa-Energy.com. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.

    Wärtsilä has been playing a key role in fueling Africa’s industrial and mining growth through power generation. In Senegal, the company was awarded a contract in September 2024 to supply engines and auxiliary equipment for a 17 MW power plant at the Boto gold mine. The company also renewed and expanded Operations & Maintenance contracts for power plants in Zambia and Madagascar last year, and signed a new maintenance agreement for two power plants in Morocco. In Nigeria, Wärtsilä secured a 10-year deal in May 2024 to operate and maintain a 50 MW captive power plant, ensuring reliable power for a cement production facility in Kogi State.

    At IAE 2025, discussions will focus on how Wärtsilä is supporting Africa’s energy transformation by providing cost-effective and scalable solutions to reduce the carbon footprint of the continent’s power generation systems. Ek’s participation will emphasize Wärtsilä’s commitment to sustainable energy innovation, addressing energy access challenges and driving economic growth in Africa while ensuring environmental responsibility.

    MIL OSI Africa –

    March 3, 2025
  • MIL-OSI Russia: The government will additionally allocate 3 billion rubles to compensate for damage to affected enterprises in the Belgorod region

    Translartion. Region: Russians Fedetion –

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    The decision was made on the instructions of the President.

    Document

    Order of February 28, 2025 No. 476-r

    Industrial and agricultural enterprises of the Belgorod region, which suffered due to shelling from Ukraine, as well as during the counter-terrorist operation, will receive financial assistance. The order to allocate 3 billion rubles for these purposes has been signed.

    The source of funds will be the Government’s reserve fund.

    The President instructed to continue providing assistance to enterprises in border areas. At the instruction of the head of state, a whole range of support measures are envisaged in these regions, including an annual deferment of taxes and insurance premiums for individuals and organizations, expanded budget financing of medical institutions, grants for the restoration or relocation of production, the supply of vehicles for mobile trade, equipment leasing benefits, and free economic zones with special conditions for entrepreneurial activity.

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

    MIL OSI Russia News –

    March 3, 2025
  • MIL-OSI Russia: Financial News: Citizens May Establish Self-Ban on Loans

    Translartion. Region: Russians Fedetion –

    Source: Central Bank of Russia –

    Since March 1, a person can voluntarily refuse the opportunity to enter into credit or loan agreements through State Services and thus protect themselves from a situation where fraudsters issue a loan in their name.

    To “turn on” the mechanism, you will need to record a special ban in your credit history. Self-ban may vary: by type of creditor (bank or microfinance organization), by method of applying for a loan or credit (in the office and remotely or only remotely).

    A person will be able to cancel the self-prohibition if they really want to get a loan or credit. To do this, they need to submit an application through Gosuslugi, which will have to be certified with an enhanced electronic signature (it can be issued for free in the Gosklyuch application) – this is additional protection against fraudsters. The ban will be lifted one day after the relevant information is entered into the citizen’s credit history. Such a cooling-off period will help people make a more informed decision about the need to get a loan or credit.

    Before issuing consumer loans and credits, banks and microfinance organizations will have to check whether the borrower’s credit history contains information about self-prohibition. If a prohibition is established, the lender must refuse to issue a loan. If, despite the established prohibition, the lender concludes an agreement, he will not be able to demand that the borrower fulfill his obligations under the loan.

    The same service will later be available through the MFC – they must implement the possibility of self-prohibition by September 1, 2025, by which time they need to prepare their systems and employees to accept applications without interruption.

    Read more about the self-prohibition mechanism aton the website of the Bank of Russia.

    Preview photo: StockerThings / Shutterstock / Fotodom

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

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

    HTTPS: //vv. KBR.ru/Press/Event/? ID = 23423

    MIL OSI Russia News –

    March 3, 2025
  • MIL-OSI Russia: Dmitry Chernyshenko congratulated mentors on their professional holiday

    Translartion. Region: Russians Fedetion –

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    Deputy Prime Minister Dmitry Chernyshenko congratulated the mentors on their professional holiday.

    In 2025, Mentor’s Day is celebrated for the first time. It was established by decree of President Vladimir Putin.

    Dmitry Chernyshenko emphasized that the previous year 2024 was declared by the head of state as the Year of the Teacher and Mentor.

    “Dear mentors! Every day you make an invaluable contribution to the future, passing on your experience, knowledge and wisdom to the new generation, educating and supporting. It is you who lay the foundation for our common victories in education, science, sports and many other areas. Thank you for the patience, support and inspiration that you give to your mentees. I wish you good health, inexhaustible energy, hard-working students and recognition of your vital role. And we, for our part, will continue to create conditions for your comfortable work, including within the framework of the national project “Youth and Children”, “the Deputy Prime Minister emphasized.

    He also noted that mentors are not only for young people, but also for adults. For example, in the spiritual and professional spheres. In particular, mentoring is an important element of the “Time of Heroes” program, which is being implemented on the instructions of Russian President Vladimir Putin to prepare highly qualified, competent leaders from among the participants of the SVO.

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

    MIL OSI Russia News –

    March 3, 2025
  • MIL-OSI Russia: Dmitry Chernyshenko: 27 billion rubles will be allocated to regions within the framework of the national project “Tourism and Hospitality”

    Translartion. Region: Russians Fedetion –

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    Fir trees on the Hill, glamping, Republic of Karelia.

    Deputy Prime Minister Dmitry Chernyshenko and Minister of Economic Development Maxim Reshetnikov summed up the results of the competitive selection of entities for the provision of a single subsidy for the creation of tourism infrastructure for 2025–2027 within the framework of the national project “Tourism and Hospitality”.

    “President Vladimir Putin has set the task of increasing the contribution of the tourism industry to GDP to 5% by 2030 and increasing the number of trips around the country to 140 million people. Within the framework of the national project “Tourism and Hospitality”, subsidies will be sent to the regions for priority areas for a specific territory. These funds – in the amount of 27 billion rubles – will be used to develop infrastructure for autotourism, create tourist routes and improve city centers. This will create additional opportunities for increasing tourist flow and economic growth in the regions,” said Dmitry Chernyshenko.

    Regions may allocate funds at their own discretion, including for the construction of infrastructure on automobile tourist routes, the creation of camp sites and the purchase of camping tents, the development of beaches and national tourist routes, and the implementation of projects to develop tourist centers in cities. Possible areas include the purchase of tourist equipment and gear, the creation of non-permanent berthing structures, and the holding of festivals.

    “Since 2025, we have increased the annual volume of the single subsidy by almost one and a half times, to 9 billion rubles, which will allow regions to implement larger-scale projects and increase the number of tourist trips – the main indicator we focus on. We have also provided for the possibility of directing funds to priority areas, including the creation of infrastructure for auto tourism. Based on the results of the selection, the leaders in terms of support volumes were Krasnodar Krai, Moscow, Sverdlovsk and Nizhny Novgorod regions and Stavropol Krai,” said Minister of Economic Development Maxim Reshetnikov.

    In total, based on the results of the competitive selection, the subsidy will be sent to 84 entities, including the Zaporizhia and Kherson regions, the Donetsk and Lugansk People’s Republics.

    A single subsidy has been sent to regions for tourism development since 2024. Thus, in Krasnodar Krai, 38 projects were supported last year. For example, work was carried out to ensure an accessible environment in the Anapa sanatorium, and year-round heated swimming pools appeared in Mostovsky, Tuapse, Temryuk districts, Armavir, Anapa and Sochi thanks to the subsidy.

    In the Kaluga Region, two projects were implemented to create non-capital berthing infrastructure on the Oka River, which contributed to the development of shipping, including the launch of excursion routes. Also, a project to create a tourist code for the city of Tarusa was implemented in the region.

    In the Volgograd Region, support was given to projects to create 15 campsites, in which 41 rooms and campsites were created. Such facilities appeared in six districts of the region and the city of Volzhsky.

    In the Kirov region, where the city of Kirov received the status of the New Year’s capital of Russia, a number of events were held with the subsidy funds, and a new city tourist route “Gates of the Russian North” was created, tourist navigation was updated, the “Gates of the Russian North” object was installed and a new public space was opened – Spasskaya Square.

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

    MIL OSI Russia News –

    March 3, 2025
  • MIL-OSI Asia-Pac: SITI to visit Spain and Portugal

    Source: Hong Kong Government special administrative region

    SITI to visit Spain and Portugal
    SITI to visit Spain and Portugal
    ********************************

         The Secretary for Innovation, Technology and Industry, Professor Sun Dong, will lead a delegation of representatives from the innovation and technology (I&T) sector to depart for Spain and Portugal this evening (March 2). The visit aims to strengthen ties and co-operation between Hong Kong and the two countries in the field of I&T, promoting Hong Kong’s I&T advantages, and exploring overseas business opportunities for Hong Kong’s I&T sector.     Members of the delegation include heads from the Hong Kong Science and Technology Parks Corporation (HKSTPC), Cyberport, the Hong Kong Applied Science and Technology Research Institute, and the Hong Kong Microelectronics Research and Development Institute, as well as representatives of 24 local I&T enterprises or institutions. The HKSTPC and the Hong Kong Trade Development Council will co-ordinate the participation of the I&T representatives of the enterprises and institutions in the Hong Kong Tech Pavilion at the Mobile World Congress (MWC) 2025.     Professor Sun will visit Barcelona, Spain, from March 3 to 5. During his stay, he will attend the MWC 2025 and deliver a keynote speech at the Global System for Mobile Communications Association (GSMA) Ministerial Programme. The delegation will visit Lisbon, Portugal, on March 6. The programme of the visit will include meetings and exchanges with leaders of local political, business and I&T sectors, as well as visits to local I&T infrastructure, I&T parks, research institutes and technology enterprises.     Professor Sun will conclude his visit on March 7 (local time) and return to Hong Kong in the afternoon on March 8. During his absence, the Under Secretary for Innovation, Technology and Industry, Ms Lillian Cheong, will be the Acting Secretary for Innovation, Technology and Industry.

     
    Ends/Sunday, March 2, 2025Issued at HKT 11:00

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    MIL OSI Asia Pacific News –

    March 3, 2025
  • MIL-OSI Russia: With the support of Rosneft, a competition of reindeer herders’ skills was held in Yugra

    Translartion. Region: Russians Fedetion –

    Source: Rosneft – Rosneft – An important disclaimer is at the bottom of this article.

    Samotlorneftegaz, one of Rosneft’s key production assets, provided support for the jubilee 10th Reindeer Herders’ Mastery Competition for the Khanty-Mansiysk Autonomous Okrug – Yugra Governor’s Cup. The competition is timed to coincide with the 80th anniversary of the Great Victory.

    The large-scale event was attended by more than 1.5 thousand people. The competition among reindeer herding families in Yugra is included in the regional calendar of event tourism and is a large-scale celebration of the national culture and sports traditions of the Khanty and Mansi peoples. Participants competed in five all-around disciplines – harnessing reindeer, reindeer sled racing, transporting firewood on sleds, throwing a tynzyan (lasso) on a khorey (a pole for driving reindeer), and running on hunting skis. In addition, the skills of reindeer herding were assessed.

    The competition site recreated the authentic atmosphere of a camp of indigenous peoples of the North: tents were installed, a procession of festive reindeer teams was held. Guests saw an extensive musical and interactive program with performances by folk groups. Craft workshops, play areas, sports grounds were open, and northern delicacies were offered.

    Preservation of the national culture of the indigenous peoples of the North and their traditional way of life is one of the significant areas of Rosneft’s social policy. The Company’s enterprises implement many social projects in the regions of their operations, develop the infrastructure of northern villages, help reindeer herder families, improve the material and technical base of educational institutions, social and medical facilities in the areas of original residence of indigenous peoples.

    Reference:

    JSC Samotlorneftegaz, one of the key production enterprises of NK Rosneft, carries out production activities in the Nizhnevartovsk region of the Khanty-Mansiysk Autonomous Okrug – Yugra. It develops the largest Samotlor field in Russia, the industrial exploitation of which began in 1969. The total area of the enterprise’s licensed areas exceeds 2.9 thousand square kilometers.

    Under the agreement between Rosneft and the Government of Yugra, Samotlorneftegaz is implementing projects aimed at improving the quality of life of indigenous peoples of the North. Since 2020, the company has been supporting a unique program to equip national camps with modern information and communication technologies. Currently, the project covers about 3,650 people, which is 72% of the indigenous peoples of Yugra leading a traditional way of life.

    Department of Information and Advertising of PJSC NK Rosneft March 3, 2025

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

    MIL OSI Russia News –

    March 3, 2025
  • MIL-OSI Asia-Pac: Raksha Mantri meets Princess Astrid of Belgium & Defence Minister in New Delhi

    Source: Government of India (2)

    Raksha Mantri meets Princess Astrid of Belgium & Defence Minister in New Delhi

    Discusses the possibility of defence engagements in Indo-Pacific

    Posted On: 03 MAR 2025 2:01PM by PIB Delhi

    Raksha Mantri Shri Rajnath Singh held a meeting with Princess Astrid of Belgium and the Defence Minister Mr Theo Francken in New Delhi on March 03, 2025. Both sides discussed the possibility of defence engagements in the Indo-Pacific, particularly in maritime domain. They also discussed ways and means to enhance defence industrial cooperation between the two countries. 

    Raksha Mantri welcomed Belgian investments in the defence sector. He suggested that the Belgian companies could play an important role by expanding their footprint in India and integrating the Indian vendors in their supply chains. Further, both countries agreed to explore an institutionalised defence cooperation mechanism.

    ****

    VK/SR/Savvy

    (Release ID: 2107706) Visitor Counter : 61

    MIL OSI Asia Pacific News –

    March 3, 2025
  • MIL-OSI Asia-Pac: Applications open for 2025 Hong Kong Youth Music Camp

    Source: Hong Kong Government special administrative region

    Applications open for 2025 Hong Kong Youth Music Camp
    Applications open for 2025 Hong Kong Youth Music Camp
    *****************************************************

         The 2025 Hong Kong Youth Music Camp, organised by the Music Office of the Leisure and Cultural Services Department, will be held between July and August to offer training for young musicians and choir members by highly acclaimed musicians. Participants can also join the in-camp music masterclasses and workshops. The music camps are categorised into residential and non-residential groups. Applications are open today (March 3), and qualified youths aged between 8 and 25 are welcome to join.      Camp A provides in-camp residential training at the Sai Kung Outdoor Recreation Centre for music groups of Chinese Orchestra, Symphony Orchestra and Children’s Choir from July 28 to August 2. Camp fees for local campers and non-local campers are $2,100 and $3,100 respectively. Camp conductors are the Concertmaster and Resident Conductor of Chinese Orchestra of Xi’an Conservatory of Music, Gao Wei; the Music Director of the Northwest Symphony Orchestra, Dr Anthony Spain; and Professor in Choral Conducting and Head of the Conducting Department at Bulgarian National Academy of Music, Professor Theodora Pavlovitch.       Camp B provides non-residential training at designated music centres of the Music Office for groups of Junior Chinese Orchestra, Junior String Orchestra and Junior Symphonic Band from August 4 to 9. The camp fee for both local and non-local campers is $1,100. Assistant Conductor of the Wuxi Chinese Orchestra Guo Pan, internationally acclaimed cello virtuoso and music educator Chu Yi-bing, and former Head of Open Conservatorium at the Queensland Conservatorium of Griffith University Dr Ralph Hultgren will be the camp conductors.      Participants in the music camps will perform at the concert halls of the Hong Kong Cultural Centre on August 3, and Hong Kong City Hall on August 10 respectively to showcase the achievements of their training. Tickets of the concerts will be available at URBTIX (www.urbtix.hk) from May 16.      For information on applicants’ eligibility and application details, please visit the Music Office’s website (www.lcsd.gov.hk/musicoffice). The application deadline is March 28. For enquiries, please call 3842 7773, 2598 0801 or 3842 7775.

     
    Ends/Monday, March 3, 2025Issued at HKT 15:00

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    MIL OSI Asia Pacific News –

    March 3, 2025
  • MIL-OSI Asia-Pac: HKETO, Brussels promotes Hong Kong cinema in Ireland

    Source: Hong Kong Government special administrative region

    HKETO, Brussels promotes Hong Kong cinema in Ireland
    HKETO, Brussels promotes Hong Kong cinema in Ireland
    ****************************************************

         The Hong Kong Economic and Trade Office in Brussels (HKETO, Brussels) is supporting the screening of Hong Kong films at the Dublin International Film Festival (DIFF) in Dublin, Ireland, from February 20 to March 2 (Dublin time).      A networking reception was hosted on March 1 connecting professionals from Hong Kong and the international film industry. Speaking at the event, Deputy Representative of HKETO, Brussels Miss Grace Li highlighted Hong Kong’s dynamic film industry as a testament to the city’s exceptional creativity and cultural identity. She reaffirmed the Government’s commitment to supporting the film sector and enhancing its global presence.      Miss Li also emphasised that, beyond its thriving film industry, Hong Kong is a vibrant arts and cultural hub. She invited friends from all around the world to visit Hong Kong, the centre for international cultural exchange, and to immerse themselves in a diverse range of art exhibitions, auctions, galleries, and performing arts events.      This year, two Hong Kong productions are screened as part of the DIFF programme. The compelling films – “The Way We Talk” directed by Adam Wong and “Obedience” directed by Siu-pong Wong – offer audiences a glimpse into Hong Kong’s rich cinematic landscape.      DIFF is regarded as one of the most important annual events in Irish cinema, bringing together filmmakers, actors, producers and other industrial professionals from Ireland and around the world. This year, DIFF presents over 80 films, including 10 world premieres from Irish filmmakers. The festival is expected to attract over 20 000 film enthusiasts through a mix of industry-focused and public events.

     
    Ends/Monday, March 3, 2025Issued at HKT 10:45

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    MIL OSI Asia Pacific News –

    March 3, 2025
  • MIL-OSI Asia-Pac: Text of the Vice-President’s address at IIT Hyderabad (Excerpts)

    Source: Government of India

    Posted On: 02 MAR 2025 6:30PM by PIB Delhi

    Very good afternoon all of you and I had the occasion to say it yesterday, there are no backbenchers in IITs, there are only backbenches. Am I right? Shri Jishnu Dev Verma, Honourable Governor Telangana, Honourable Member of Parliament, Shri M. Raghunandan Rao, Chairman, Board of Governors, IIT Hyderabad, Dr. B. V. R. Mohan Reddy, a man highly acclaimed, highly accoladed and I shared his thoughts with you, mincing no words.

    When IIT Board of Governors is fully involved, things are in a different groove. Professor B. S. Murthy, Director IIT Hyderabad, watch out for him. He is not as he appears, a tough guy. He means business and he means two other things apart from business. Number two is business, Number three, is business. Brevity is the soul of wit, the soul of demonstration of it in his discourse. Every word was amplified, a thought process with which you all are involved. He indicated, we don’t only create ideas, we ideate, we innovate, we accomplish. When you monetise every second, every moment, you do justice not only to yourself but to humanity.

    But you are greatly privileged when you happen to be in Bharat, home to one-sixth of humanity. We are privileged today to have presence of Honourable members of Parliament. Shri Vaddiraju Ravichandra, Shri S. S. Babu, I’ll face them in Rajya Sabha from my chair. You must have seen Rajya Sabha proceedings. They are good cholesterol. Soothing and make positive contributions. It was a great loss to the chairman of Rajya Sabha when Shri Vijay Sai Reddy ji, a very distinguished parliamentarian, ceased to be its member. I wish him great luck.

    The director focused and so did the chairman of the board of governors. An Institution is defined by the infrastructure, but that is easily creatable. That is essential, but not the cutting edge. It is our 300 squad of faculty members with greater recognition who are giving everything to make you future leaders. And let me tell you, there can be no greater honour at the moment than a global benchmark to get such quality education as your Institute.

    Amongst the IITs, in terms of time, you may not have been in the beginning, but by your achievements, by your accomplishments, you have reached that group. My congratulations to the entire faculty. The director must settle me, finding I have a political background of having been in parliament in 1989 when I ministered there, and also taking a vote without spilling out my role as Governor of the state of West Bengal. It reminded me I have to focus on innovation.

    Innovation, boys and girls, is a panacea for what we need and what kills us. It is a one-stop solution to bring about progress, sustainable development, and solve our problems. When it comes to Bharat, a land of homogeneous, demonstrated to the world for over 5,000 years, an Indian mind has a DNA which speaks of genius.

    Let me buttress it by one illustration. We are a nation of 1.4 billion people and we are well spread out. The landscape, rural, semi-urban, urban, metro, and top metros. But when it came to technological penetration and digitisation, just imagine, accessibility of technology and adaptability of those in the villages. Amazing performance, giving us global recognition. If our people-centric policies, if service delivery is so efficient, it is on account of adaptability to technology of our brothers and sisters in the villages. I am son of a farmer.

    Imagine the kind of pride I have. Three times a year, about 100 million farmers get a direct amount in their bank accounts. The government or the system is not important. It is an achievement, but the farmers are equipped on their own to receive it. Now if you go to the base of it, this would not have been possible unless the Prime Minister of the country entertained the grandiose idea that they must have access to banking system.

    And in the shortest space, when it comes to time assessment, over 500 million people have got banking vision. Second, the malice of nepotism, and that is highly unacceptable to our young people, because if patronage is password for an employment or opportunity, you will have a deep frustration.

    And there was a time, not long ago, when power corridors were infested with corrupt elements. Decision-making was leveraged extraordinarily. Patronage was a password for success. There was in that country a privileged pedigree. They entertained the idea that we are above law. We are beyond the reach of law. Nothing could be more frustrating toyoung minds. I faced it during my time.

    Imagine my pain, admitted to an IIT, had no money, couldn’t go. Imagine my pain, as an advocate, had to work very hard to get a loan of 6000 rupees for my digestion. Vividly I had before me the manager who said, I can give you without paying guarantee because I find you are a good lawyer, and look at the transformative change you are witnessing. Start-ups, unicorns emanating from tier 2 cities.

    You are, and you try, Gen Z and Generation Next and those who are before me. You are the most vital stakeholders in democracy, in progress of this nation. Right now, if you have to see where we are heading, then we have to find the ecosystem. A nation’s state is fundamental because if the nation is let say at war, things go horizontally. So nation’s state is important. So is the national movement. Also its growth trajectory, the destination it has for itself, its ecosystem.

    And when we examine these things, reality check, our nation is in a top global group. World technological leaders, when it comes to finer aspects of development like Quantum computing or Green Hydrogen mission or commercialisation of 6G, areas which will appeal you not to ordinary youth, but we are in the big league of nations.

    Artificial intelligence is bringing about paradigm shift every moment. It is introduction of an era, a new kind of industrial revolution with greater potential, challenges and opportunities. This has a big basket of opportunities for boys and girls. Let me remind you one aspect. I had the occasion to face terrible panks of pain in 1990.

    I was a Minister and our gold had to be shipped out by air to be placed to two banks in Switzerland to sustain our fiscal credibility because our foreign exchange could not last even for a few weeks, not to speak of months.

    It was in doldrums, dangerously moving around 1 billion US dollars. This is not a concern to us at all at the moment. We are 700 billion, but concern to you is we are having trade deficit with a neighbouring country to the extent of 90 billion US dollars, and if I go by the figures recently released, the input is 17% year on year and the output is only 11%. Solution to that has to be found by you.

    You will have to focus and only you can do it. I do agree that young minds like you have capacity to bring about big transformative change. But then you need some support. And one support is I seek to steer your minds, minds of the parliamentarians, minds of industry leaders, your chairman represents that group. Academia, your director represents it.

    Economic nationalism. Much of the trade deficit that is draining out our foreign exchange to the tune of hundreds of billions. If one country is around 90 billion US dollars, you can imagine when we cumulatively assess it.

    Why should this country import what is available? Number two, if it is avoidable, can’t our genius find a solution by way of substitution? and three, our raw materials leave our shores, pronouncing on our inability to add value to the raw material. In the process, we deprive our people of work on both accounts, avoidable imports and export of raw material. The blunt entrepreneurship, this mindset has to dominate us.

    The role of the people is crucial, but then the greater role is of those in industry, commerce, business and trade. Can’t they sit on one table through their associations and take a call? That, I would urge, should be taken.

    While I was examining your motto and logo, both are critical, and I am happy by what I have gathered on my own and what has been asserted by the director and chairman. Motto: Inventing and innovating in Technology for Humanity.

    Logo: Expansion and Growth of Knowledge, and this is drawn from Telugu. Let me reflect on some changes that are worrisomely alarming, concerning. India is a land of rich languages.

    Sanskrit, Bangla, Hindi, Tamil, Telugu, Kannada, several languages. Even in Parliament, simultaneous translation takes place in 22 languages. Our civilisational ethos tells us inclusivity. Should there be confrontational stance on language in land of Bharat?

    What a moment of pride for everyone when languages were put in the classical language status recently. We have to nurture every language. Our languages have global outreach. They are gold mine of literature, and the literary pieces have knowledge and wisdom. Vedas, Puranas, our epics, Ramayana, Mahabharata, Gita.

    And therefore I call upon youth of the country, Social media has given you the power to take a call. If there is deviation from our commitment to nationalism, if there is assessment of development through partisan prism, we need to be watchdogs.

    Use the power to blunt the narratives that emanate from forces that are financially fuelled only to injure Bharat. Because you are at the moment living in times that indicate hope and possibility. Your basket is limitless.

    Look at sea surface, deep sea, ground, underground, sky or space. Your opportunities and challenges are there. Mid-blue economy or space economy.

    Let me pose a question to you. If the International Monetary Fund has asserted that India, Bharat at the moment is a hotspot, a global centre, most attractive one for investment and opportunity, is it for government jobs? Certainly not. Therefore, that opportunity is for you also.

    Investment, these days I can tell you with my exposure in governance, is not a problem at all. You would have seen in start-ups investment, apart from the governmental affirmative policies, innovative framework, top business leaders investing in start-ups. The hierarchical succession mechanism in industrial business has collapsed.

    Tech tycoons are emerging. There was a time when we could not see a single Indian soul working in global top corporates at any level, and now boys and girls, there is not a single global corporate of consequence where an Indian genius is not contributing at the top level.

    When that is the scenario, you have to make a difference. You have to catalyse the change which you think is best for the nation. And I would say, don’t just catalyse, be the epicentre of change.

    Another centre of change, never ever keep a brilliant idea in your mind. Your mind is not a parking space. What a parking place.

    You do greatest injustice to you and to humanity that an idea has occurred to you and you fear experimentation. You fear failure. Boys and girls’ fear of failure is a myth.

    Chandrayaan 2,I was governor of the state of West Bengal. It was September, I think, 2019. I think 2019, and I was in the company of about 500 school-going children, young boys and girls. Chandrayaan 2 landed close but could not touch the lunar surface. For some who are recipe for chaos, some would define nothing but negativity. For some who see nothing but only taint in your white cloth, they said, failure, so much money, but if you examine success of Chandrayaan 3, was rooted in the foundation laid by Chandrayaan 2, you all will realise first attempt success has eluded most great innovations.

    Let me focus on reality of research and innovation. First our corporates. I am not critical of them, I am critique. They must invest in research. They must invest in research for development and innovation. They must compete with global giants, because this investment is not for the beneficiary student, boy or girl of your Institute or other Institutes.

    It is for benefit of our present, our future. And trust me, we have had a big change in our strategic system globally. Conventional war system has collapsed. It is diplomacy that defines. Innovation and research give us great cutting edge in soft diplomacy. We become a great power. Therefore I appeal from this podium. Corporates, examine what your peers are doing in the West. Please come closer to them.

    Second, look at global Universities. Their endowment funds in billions of US dollars. I had the occasion to glance. Oh my god, crossing in 50 billion US dollars. If you see the top list, why don’t we have it? I hope, Governor of the board, we started in 2008.

    We have Alumni. Let our alumni plow in the corpus. Amount doesn’t matter. It is the spirit of contribution that will generate a connect with the Institute.

    A pride for them also. I have mooted an idea. I hope someone takes it.

    We have institutes of excellence, IITs, IIMs and other institutes. Their aluminium associations must form into a confederation of associations of aluminium. It will be a top world benchmark think tank for policy making.

    It can spur research and innovation. All I am indicating is that these thoughts which I have shared are only indicative, because you are discerning minds, you can on your own work about it.

    If a man like me, who had such a successful career, I can say so, now I am not a senior advocate anymore, to be designated senior in less than 10 and a half years of my practise. No one has done it. I still feel the void of not getting admission to IIT. You are there. I still have the void.

    The position of the Governor or Vice-President does not compensate it. And therefore, I am your Eklavya. I am trying to persuade you.

    I would conclude, I invite in batches students of the IIT and the faculty to be my guests for a visit to Indian parliament, and I would have the occasion and I would gather some people who need to be educated. No pun intended.

    We will have luncheon, brainstorming sessions. I will depute an Officer from my secretariat to be in touch with the Registrar, and this will be done before I take off in my helicopter. I hope you will respond to me. I go with a deep sense of satisfaction, optimism and confidence.

    Though I have not been able to share my thoughts in completeness, but I know, I may have sent or short changed you. But you have received what I mean to convey.

    Thank you so much for your time.

     ***

    JK/RC/SM

    (Release ID: 2107587) Visitor Counter : 34

    MIL OSI Asia Pacific News –

    March 3, 2025
  • MIL-OSI Asia-Pac: Text of Vice-President’s address at the Fourth P. Parameswaran Memorial Lecture in Thiruvananthapuram (Excerpts)

    Source: Government of India

    Posted On: 02 MAR 2025 5:34PM by PIB Delhi

    It is an absolute privilege and an honour to deliver the 4th P. Parameswaran lecture organised by Bharatheeya Vicharakendram in Thiruvananthapuram.The memorial lecture in the honour, in the memory of one of the greatest sons of Bharat. He happens to be in the front league of idealogues and thinkers of Hindu thought process in this century. We are celebrating by way of this lecture one of the finest intellectuals committed to social work and such a son of the soil being honoured in the land of Kerala, North zone territory.

    It is a testament that our civilisational values thrive, A civilisation is known only by one fundamental consideration, does it really honour its great sons and that has been the theme in last few years. Our forgotten heroes, unsung heroes, we have remembered them.

     Kerala has been the cradle of intellectual discourse, cultural enlightenment, and spiritual pursuits. This is a land that birth legends for Adi Shankharacharya who expounded the philosophy of Advaita Vedanta to Narayana Guru who led the modern message by his social reform and by his team of social reformers. We are celebrating the memory of one of them.

     This land is also home to some of the most revered temples, including Sabrimala, Padmanabhaswamy temple, and Guruvayur drawing millions of devotees, they get inspired and motivated. The faith and devotion that permeates these sacred spaces reminds us of the eternal values that hold our nation together.

     Our values are sublime, full of religiosity and spirituality, righteousness and self service. This fertile sacred geography also birthed Shri P. Parameswaran ji who received his values with birth. His unwavering commitment to Bharatiya values, his deep understanding of Indian ethos and his relentless pursuit of national unity continues to inspire generations.

     His vision for a self-reliant Bharat, culturally rooted and spiritually awakened, resonates profoundly across the nation. When we talk about the confluence of East and West, we remember Shri Vivekananda, Swami Vivekananda and his historic address at Chicago that was rendered at the World Council of Religions in 1893. But who rekindled it? Who ignited the flame in us? Who inspired us in modern times? By the essence of that address that stirred global minds, it was none other than Shri P. Parameswaran.

     In 1993, hundred years after that event, it was Parameswaran ji who invited the world to reflect on Swamiji. His life, his legacy and his message. The Government of India has rightly recognised this great son of the soil, a great ideologue of Hindu thought process.

     A messenger of Bharatiya Sanskriti, an epicentre in a sense who disseminated sublimity of our values with Padma Shri in early 2000 and in 2018 with the second highest civilian award of Padma Vibhushan, but these decorations do not completely define the man in whose memory we are having this lecture.

     The tribute which we can pay to such towering figures who amplify our values, epitomise our cultural essence, the best of human values, is to follow what he exemplified. We must emulate the value system that he professed.

     Ladies and gentlemen, I greatly commend the subject or theme of this lecture, “Demography, Development and Democracy, Shaping the Future of Bharat”– Nothing could be more contemporaneously relevant than this theme, and this theme, when the theme is a tribute to Rashtriya Rishi who dedicated his journey to welfare of humanity through Rashtriya Swayam Sevak Sangh, an organisation spinally rooted in our cultural ethos and now in the centennial year, I appeal to everyone in two years we will be celebrating the birth centenary of this great son of the soil.

     I am sure steps will be taken by the organisers in concert with similar outfits so that his message goes around to the entire country and the world. If I have to put in summation the thought process of P. Parameswaran ji, we all are Bharatiya. भारतीयता हमारी पहचान है। राष्ट्रहित हमारा धर्म है, राष्ट्र कल्याण सर्वोपरि है। कोई भी हित व्यक्तिगत हो या राजनीतिक या सामाजिक, राष्ट्रहित से ऊपर नहीं है।

     And therefore, I commend the organisers for having so thought about it. The theme calls upon me to first reflect on the state of the nation. There was a time, and I had the occasion to see it, as a member of parliament in 1989, as a union minister in 1990-91, an atmosphere that did not

    inspire us. That was alarmingly worrisome, full of concern, and now our Bharat is brimming with positivity and possibility.

     It is full of hope and aspirations. All around, all pervasive, an ecosystem of hope and possibility we can see, and in global firmament, it is the brightest spot of investment and opportunity. The country has seen in the last decade exponential economic upsurge. Our rise from 11th position a decade ago, on the scale of economic size, we have traversed a long distance, facing headwinds, difficult terrain, overcoming hurdles created earlier, cleansing the system, making it transparent and accountable.

     We are the 5th largest global economy at the moment, on way to becoming 4 trillion economy in US dollars very shortly, and with average growth over this period of about 8%. Bharat happens to be the fastest growing global economy in last decade, acclaimed, accoladed and applauded by global institutions, the IMF and the World Bank.

     World Bank has appreciated our deep digitisation, technological penetration, and everyone sees it now as a ground reality. Next comes infrastructure. Phenomenal infrastructure growth has dotted our landscape. Be it on sea, deep sea, ground, sky or in space, all our accomplishments make us greatly proud, and I am happy to share with you, every year the country has added four new airports and one metro system, and on a daily basis, 14 kilometres of highways and 6 kilometres of railways are

    being added.

     If I reflect on scale of deep technological penetration, 85 million are benefiting with houses, 330 million with health coverage, and 29 million small businesses with loans annually. The government is hand-holding them by affirmative policies and innovative schemes. We now boast of beyond what we achieved in space. Lunar and Mars missions in medical science, vaccine production, and the nation is bound to be hub of semiconductors, engineering and manufacturing.

     India’s engagement with world in green energy, urbanisation, emerging disruptive technologies, we are in the front rank. It is for the first time that the country is in big league of nations on Artificial Intelligence, on Quantum computing, on Green Hydrogen mission, and all pervasive digitisation has generated transparency, Accountability, easy service affordability.

     Corruption has been neutralised from power corridors on account of technological inroads. Technological inroads have been no less than invasion on corruption and malpractices, and that is reflected in the scenario that almost half of digital transactions in the world are

    emanating from this country, 6.5 billion monthly.

     Let me recall what P. Parameswaran ji said on this occasion, on such an occasion, we need to reflect, remember, I quote, “The youth of Bharat are not merely inheritors of our civilisation, but the architects who will shape our nation’s future glory through their aspirations, innovations, and resilience.”

     Our demographic dividend, the youth component of it, is envy of the world. India’s greatest strength is its population. We are home to one-sixth of humanity, but look at our qualitative cutting edge demographic dividend.

    Sixty-five percent of the population is in working age. Our nation is an average age of 28.4 years. We are uniquely positioned as the world’s youngest major economy.

    Compare this to Japan, 48.7 years. Compare it to Germany, 44.3 years, and China, 38.4 years. People-centric policies and transparent accountable governance has given buoyancy to ecosystem. Imagine the scale of it, a nation of 1.4 billion. Look at the transformative change that has impacted the rural environment.

     Every house has a toilet, electric connection, water connection is on way, a gas connection.And look at the connectivity, internet, and road, rail, and handholding policies in health and education centre. These define our growth trajectory. India is no longer a nation with a promise. India is no longer labelled as a nation of snake charmers. India is charming the entire world with the potential it has for everyone on the globe.

     This economic renaissance, which was beyond imagination, beyond contemplation, beyond dreams, a few years ago, has generated

    what is essence of our Sanatana inclusivity. Non-discriminatory, uniform, even-handed, equitable development, results, and fruits for one

    and all. Effort has been made, irrespective of any qualification, race, religion, caste, colour, that the benefit must reach those who are in the last line, and this is being done with great success.

    Bharat is the only democracy in the world that has structured democracy at the village level. Constitutionally sanctified democracy at the Village level, Municipal level, State level, and the Central level. I want, on this great occasion, to everyone reflect on what is democracy.

     Democracy is defined by freedom of expression and dialogue. If we enjoy freedom of expression and do not lend our ears to the other point of view, do not enter into dialogue, do not appreciate the other point of view, expression becomes authoritarianism.

     प्रजातन्त्र में किसी भी व्यक्ति या संस्था के लिए अहं और अहंकार का कोई स्थान नहीं है। प्रजातन्त्र का मूल तत्व है समानता, समान अधिकार, समान अवसर।

     And I therefore appeal that those who do not believe in harmony, social harmony, national harmony, must get into the thought process of Shri P. Parameswaran ji.

    How can we countenance in this land that has 5,000 years of civilisational ethos? Someone says, मैं अकेला सही हूँ, मेरी बात का कोई विकल्प नहीं है, ऐसा नहीं है। These thoughts are antithetical to our civilisational ethos. They militate against the very concept of democracy, and therefore, we must focus, alongside expression, on dialogue, dialogue enables everyone to self-assess oneself, to self-audit oneself, to be open to the other idea.

     And that was what P. Parameswaranji was doing all throughout. Ideologic discourse, ideologic debate, ideologic brainstorming should be dominating our discourse, not violence. What does our culture say, हमारी संस्कृति क्या कहती है? अभिव्यक्ति, वाद-विवाद और अनंतवाद, अनंतवाद का स्रोत हमारी सांस्कृतिक विरासत में है। अनंतवाद का ही नतीजा है कि भारत ज्ञान का भंडार था, जानकारी का भंडार था।

     If India is today a cultural centre of the world, we owe to people like P. Parameswaranji for coming to this level. If in the past, about 1200 years ago, India was the world’s repository of knowledge and wisdom, it was on account of our institutions.

     आज के दिन, कुछ हालात भयावह हैं, चिंतन और मंथन के लिए विवश करते हैं।

    We are faced with an alarmingly worrisome scenario on certain aspects. Politics has become polarised. We are faced with an alarmingly worrisome scenario on certain aspects. Vertically divisive, temperatures are ever high. The core national values and civilisational values are not the central theme. In this country where diversity is reflected in unity, this country that prides in Sanatana values of inclusivity, we cannot afford ourselves to be distanced from these core values and engage in polarised, divisive activities.

    Time for us to fall in the groove of Sanatana Dharma as enlightened by Shri P. Parameswaranji, and let me reflect on that concern. As meaningful dialogue fades, so do the pillars of cooperation, collaboration and consensus.

     I must share with you my anguish, my pain. The largest democracy’s parliament must be role model for people. It is a platform to transform aspirations of the people into reality. It has to be impregnable citadel of dialogue, debate, discussion and deliberation. And these facets were exemplified by the Constituent Assembly that worked for about three years in eighteen sessions. And what we see today? Dialogue, deliberation and others have yielded to disturbance and disruption.

     Can there be sacrilege of more intense enormity when temples of democracy are ravaged by disruption and disturbance? Our democracy has to survive. And the first test is parliamentary functioning. We face situations where national interest is relegated. Anti-national narratives take wings.

     We are living in very dangerous times. Political intolerance and reckless stance promoting partisan and personal interests at the cost of nationalism needs to be moderated. There is need for social counselling. Young minds and senior citizens must converge to generate an ecosystem. By becoming influencers of our mindset, we have a Constitution that remarkably depicts Gurukul.

     That makes reference to Ramayana. What is the message? अधर्म पर धर्म की विजय, when in fundamental rights, Part- III of the Constitution, you have a picture of Ram, Sita and Lakshman coming to Ayodhya. अंधकार से प्रकाश, धर्म की जीत अधर्म की हार। मर्यादित आचरण का संदेश और यदि अगर कहें सबका साथ सबका विश्वास इसका अंश आपको रामायण में मिलेगा ।

     भारत के संविधान में, if we go to the next part, Directive Principles of State Policy. महाभारत का वह scene है, कुरुक्षेत्र का वह दृश्य है। श्रीकृष्ण अर्जुन को उपदेश दे रहे हैं। What does it teach us? It says, लक्ष्य को ध्यान में रखो, छत को मत देखो, मछली को मत देखो, मछली की आँख को मत देखो क्योंकि आपका लक्ष्य नहीं है। आपको भेदन है। इसी तरीके से शासन का काम करते हुए, कर्तव्य निर्वहन करते हुए हमारी दृष्टि भाई-भतीजेवाद पर नहीं होनी चाहिए। The message is loud and clear. Patronism, nepotism, favouritism, are evils that cut into merit of the society. Fortunately, power corridors have been sanitised. It is obligation of every person, every Bharatiya, not only to believe in these values, but to disseminate them.

     Let me now come to demography. Demography does matter. Demography should not be confused with majoritarianism. We cannot have a society divided in these two camps. But ladies and gentlemen, the nation is faced with grim challenges when it comes to demography.

     The demography evolution must be organic. It must be natural. It must be soothing only then it reflects unity and diversity, but if demographic variations are brought about in the nature of virtual and earthquake, there is cause for concern.

     If inorganic demographic variations take place with intent to increase demographic component with the objective to secure progress, then we have to be alarmed. This is being done. This is noticeably being done. We are at a stage crossroads, where we can neither overlook nor countenance this highly destabilising development.

     We have to be extremely alert. All of you converge to preserve the pristine demographic sanctity of Bharat. The challenge is coming in varied ways. One is through allurements, temptations. Reaching out to the needy and vulnerable. Providing succour. And then, in a subtle way, suggesting change of religion which is labelled as conversions. The country allows everyone to have a religion of his or her choice. This is our fundamental right.

    This is handed to us from our civilisational wealth, but if this is tampered with, it is tweaked. ऐसा बर्दाश्त नहीं हो सकता. लालच, लोभ आधार नहीं हो सकता। कोई पीड़ा में है, दिक्कत में है,  जरूरतमंद है उसको hand-holding करते समय, धर्म परिवर्तन की तरफ मत खींचो. यह बर्दाश्त के लायक नहीं है, मैं कितनी ही कोशिश करूँ, I will not be able to express the gravity of the concern, enormity of the challenge that we are faced on account of these statized, orchestrated, financially fuelled misadventures to effect conversions.

     The third motive, which is ill-motivation towards our nation. How can a nation suffer millions of illegal migrants? Look at the number. Look at the danger they bring to this country. Everyone in this country is fired with the dream of nationalism. These people come, they demand on our employment, on our health, on our education sectors, and then become a factor in electoral politics. It is very urgent. This has to be addressed. We are cliffhanging. We must generate awareness. The mindset of the people must be activated.

     Every Bharatiya must be steered to face this challenge. And that flow is threatening our culture also. I would urge we must courageously thwart these demographic dislocations. I have indicated three. As of now in the country we have from electoral point of view areas where elections do not make much sense. We have fortresses in the country that have emerged in the last few years where the outcome of the election is always foreclosed by democratic demographic dislocations.

     Addressing these challenges which are very daunting, policy interventions alone are not sufficient. We have to appreciate and recognise these challenges as existential to our nationalism and also to our democracy. True devotion to Bharat Mata means not merely celebrating its spiritual heritage but actively protecting its erosion caused by demographic transformation. I am happy to share with you that Viksit Bharat is not a dream now. It is our object. The nation is regaining past glory. We are on way to it. Our youth will play a critical role. We must gear up to do that. Everything that is happening in the country is making us proud globally.

     I reflected on global institutions. Now look at what happened only a few days ago. More than twice the population of the US had footprint at Mahakumbh. The holy Mahakumbh. More than twice the population of the US. Imagine the size and scale of it. And look at the exemplary management, quick response, facilities everything for us to take pride. The world has not seen such organised handling of a situation at this mega scale. Nowhere on the planet this has been seen. Nowhere there has been congregation of humanity in that number on a daily basis. That defines Bharat. That surprises the world. Look at how the mobility was there.

     How health was taken care of. How public order was maintained. How hygiene was controlled. I was there. My entire family was there. That should make us proud. This is a glorifying facet of Indian civilisation. We must ever remember. From all considerations all I can say is भारत जैसा कोई दूसरा देश नहीं है। हम अत्यंत भाग्यशाली हैं परमपिता परमेश्वर के कि हमारा जन्म यहाँ हुआ। अब हमें कर्तव्य निर्वहन करना चाहिए और कर्तव्य निर्वहन का मार्ग परमेश्वरन जी ने जीवन पर्यंत सिखाया है। आदर्श प्रचारक के रूप में, देश और दुनिया की सबसे बड़ी ideological संस्था से जुड़कर– राष्ट्रीय स्वयंसेवक संघ और एक रास्ता दिखाकर अहिंसा विकल्प नहीं है।

     I am extremely grateful to the organisers for having made this great opportunity to me available. I feel blessed, I feel honoured, and I look forward to the centennial celebrations of his birthday be organised at the national level. I must recognise in the audience’s presence of another great son of Bharat, Padma Bhushan Dr. O. Rajagopal.

     My greetings to all of you. I am grateful for your patience.

     Jai Hind.

    ***

    JK/RC/SM

    (Release ID: 2107567) Visitor Counter : 82

    MIL OSI Asia Pacific News –

    March 3, 2025
  • MIL-OSI United Kingdom: UK concludes presidency of the International Holocaust Remembrance Alliance

    Source: United Kingdom – Executive Government & Departments

    News story

    UK concludes presidency of the International Holocaust Remembrance Alliance

    After a successful year as Chair of the International Holocaust Remembrance Alliance, the UK hands over the presidency to Israel on 3 March 2025.

    The UK has concluded its presidency of the International Holocaust Remembrance Alliance (IHRA), which ran from March 2024 to February 2025.  The presidency’s theme, “In Plain Sight”, drew attention to the fact that the Holocaust did not happen in a dark corner.  This highlighted the nature of society that allowed the murder of 6 million Jewish men, women and children, and shone a spotlight on all those who had a part to play.

    Our presidency focused on safeguarding remembrance of the Holocaust and securing the narrative for the future. This included tackling Holocaust distortion, and exploring the role of artificial intelligence as a force for both good and bad in Holocaust education and distortion.

    During our presidency, we delivered our ‘My Hometown’ project, supporting young people across the IHRA membership in learning about their local Holocaust history.  Fifty six schools from across 15 countries took part.  A gallery of all the projects can be found on our implementing partner’s website.

    We also published the 80 Objects-80 Lives digital exhibition, delivered in partnership with the Association of Jewish Refugees. In the exhibition, Holocaust survivors shared personal stories connected to their possessions in a series of eighty short videos. 

    We were also pleased to work with the Association of Jewish Refugees to launch their new UK testimony portal. This brings together UK testimony on one platform for the first time.

    The UK hosted 2 plenary meetings, bringing together around 300 IHRA delegates in Glasgow in June and London in December, to discuss efforts to strengthen Holocaust remembrance, education and research. 

    We made progress in a range of areas, including the launch of the Archival Access Forum, to facilitate the sharing of best practice in accessing and preserving Holocaust-related archive materials. 

    We launched guidance on the implementation of the IHRA definition of antisemitism for sporting institutions. We also hosted a successful Roma conference attended by representatives of the Roma community from across Europe, and launched IHRA’s recommendations for Teaching and Learning about the Roma.

    Our presidency also explored the role of emerging technologies in Holocaust education and distortion. We co-hosted an event with the OSCE in Romania. This considered how artificial intelligence could be used as a force for good in Holocaust education and in identifying and tackling instances of antisemitism and Holocaust distortion online. It also explored its more negative uses in facilitating Holocaust distortion. We continued these discussions in the margins of the London plenary, during a follow up conference on the role of artificial intelligence

    Domestically, we published the outcome of a review establishing the facts around the number of prisoners who died on Alderney during the Nazi occupation. This review played an important role in bringing to an end conspiracies and misinformation surrounding this crucial period of history.

    Finally, we marked the 80th anniversary of the liberation of Auschwitz-Birkenau and the 25th anniversary of the Stockholm Declaration on Holocaust Remembrance. In February, we brought together IHRA delegates alongside key figures who have played a role in strengthening international action on Holocaust commemoration over the past 25 years. Together we reflected on our achievements and look ahead to the future of remembrance.

    The Holocaust will sadly soon move from our living memory into the history books, and we will no longer be able to hear survivors tell their stories first-hand. It is therefore essential that we continue to do all we can to safeguard Holocaust sites, encourage greater transparency of Holocaust-related archives, and promote testimony and the stories of Holocaust-related objects.

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    Published 3 March 2025

    MIL OSI United Kingdom –

    March 3, 2025
  • MIL-OSI: 9/2025・Trifork Group AG – Share-based Incentive Program 2025

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no. 9 / 2025
    Schindellegi, Switzerland – 3 March 2025


    Share-based incentive program 2025

    Trifork Group AG (“Trifork”) has granted restricted share units (“RSUs”) under the existing employee long-term share-based incentive program (“ELTIP”) approved by the Board of Directors in 2021.

    The second ELTIP 2025 (“ELTIP 2025b”) is covering the grant in March 2025 to the Executive Managmeent of the Trifork Group.

    The ELTIP 2025b is based on RSUs and Executive Management variable remuneration for its performance in financial year 2024. RSUs granted will be subject to graded vesting over a three-year period.

    Further details about the ELTIP 2025b are stated below:

    Participants Executive Management of the Trifork Group eligible for variable remuneration for financial year 2024.
    Total 1 employee.
    Number of RSUs A total of 14,653 RSUs is allocated under the ELTIP 2025b.
    The number of RSUs is calculated by taking the respective variable remuneration amount and applying the weighted average share price for Trifork’s shares of the last three trading days of 2024.
    Granting RSUs comprised by the ELTIP 2025b are granted in March 2025.
    Vesting RSUs will vest over a three-year period with 1/3 of the RSUs vesting each year. Vesting is not conditional upon the achievement of any financial or non-financial targets but is conditional upon the participating employee remaining employed with the Trifork Group throughout the vesting period or becoming a good leaver during the vesting period as well as the participating employee having complied in all respects with the terms and conditions of the ELTIP 2025b.
    Objective Attraction and retention of employees in selected jurisdictions.
    Conversion Once vested and not lapsed in accordance with the terms and conditions of the ELTIP 2025b, each RSU will entitle the holder to receive one Trifork share.
    Conditions RSUs are granted based on the conversion of the respective variable remuneration for each participating employee. 
    The ELTIP 2025b is subject to customary conditions.
    Allocation & theoretical value The allocation is based on the weighted average share price of the last 3 trading days of 2024 (DKK 75.08). Dividing the converting salary by this amount results in the number of RSUs to be granted. The converting total amounts to DKK 1,100,154 (EUR 147,477) and 14,653 RSUs.
      The theoretical value for the RSUs is the market price of the Trifork share at grant date minus the expected dividends for the portions vesting after one, two and three years.


    Information and questions

    Frederik Svanholm, Group Investment Director, frsv@trifork.com, +41 79 357 73 17


    About Trifork

    Trifork is a pioneering global technology partner, empowering enterprise and public sector customers with innovative solutions. With 1,229 professionals across 73 business units in 16 countries, Trifork delivers expertise in inspiring, building, and running advanced software solutions across diverse sectors, including public administration, healthcare, manufacturing, logistics, energy, financial services, retail, and real estate. Trifork Labs, the Group’s R&D hub, drives innovation by investing in and developing synergistic and high-potential technology companies. Trifork Group AG is a publicly listed company on Nasdaq Copenhagen. Learn more at trifork.com.

    Attachment

    • CA_9_2025_RSU allocation

    The MIL Network –

    March 3, 2025
  • MIL-OSI: Valour Expands Digital Asset Offerings with the Launch of Valour Dogecoin, Valour Aptos, Valour Sui, and Valour Render ETPs on Börse Frankfurt in Germany

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, March 03, 2025 (GLOBE NEWSWIRE) — DeFi Technologies Inc. (the “Company” or “DeFi Technologies”) (CBOE CA: DEFI) (GR: R9B) (OTC: DEFTF), a financial technology company that pioneers the convergence of traditional capital markets with the world of decentralised finance (“DeFi”), is pleased to announce that its subsidiary Valour Inc. (“Valour“), a leading issuer of exchange traded products (“ETPs“) that provide simplified access to digital assets, has launched of four new digital asset ETPs on the Börse Frankfurt exchange: Valour Dogecoin (DOGE) EUR ETP, Valour Aptos (APT) EUR ETP, Valour Sui (SUI) EUR ETP, and Valour Render (RENDER) EUR ETP. These new products expand Valour’s commitment to offering investors seamless, secure, and cost-effective exposure to the most innovative digital assets in the market.

    Introducing New ETPs for Emerging Digital Assets

    Valour Dogecoin (DOGE) EUR ETP (ISIN: CH1108679791)

    Dogecoin (DOGE) is one of the most recognized and actively used cryptocurrencies, originally introduced in 2013 as a parody but now serving as a widely adopted digital currency. With a market capitalization of approximately $30.64 billion, DOGE ranks as the 8th largest digital asset globally. It is known for its strong community, fast transaction speeds, and usability for microtransactions, tipping, and merchant payments. The Valour Dogecoin ETP allows investors to gain exposure to DOGE’s performance without the complexities of direct cryptocurrency ownership, featuring a competitive management fee of 1.9%.

    Valour Aptos (APT) EUR ETP (ISIN: CH1108679783)

    Aptos (APT) is a next-generation Layer 1 blockchain designed for scalability, reliability, and security. Powered by its innovative Move programming language, Aptos enables fast transactions and a developer-friendly ecosystem. It is focused on advancing Web3 usability and adoption, providing infrastructure for NFTs, DeFi, and beyond. With a market capitalization of $6.19 billion, Aptos ranks 31st globally among digital assets. The Valour Aptos ETP grants investors seamless exposure to the Aptos blockchain ecosystem.

    Valour Sui (SUI) EUR ETP (ISIN: CH1108679080)

    Sui (SUI) is an innovative blockchain designed for high throughput and instant finality, making it ideal for applications such as gaming and finance. Sui utilizes an object-centric approach that allows for the independent validation of transactions, leveraging a Byzantine fault-tolerant proof-of-stake (PoS) consensus mechanism. With a market capitalization of $28.01 billion, Sui ranks 15th among digital assets worldwide. The Valour Sui ETP provides investors with access to this advanced blockchain, featuring a 1.9% management fee.

    Valour Render (RENDER) EUR ETP (ISIN: CH1108679783)

    Render (RENDER) is the native cryptocurrency of the Render Network, a decentralized GPU-based rendering platform that optimizes computational power for visual effects, gaming, and digital design. The Render Network enables cost-effective and scalable rendering solutions, fostering innovation across the creative industries. With a market capitalization of $2.26 billion, Render ranks 49th globally among digital assets. The Valour Render ETP offers investors exposure to the expanding world of decentralized computing and digital content creation.

    Bringing Innovation to European Investors

    With the introduction of these four new ETPs, Valour continues to expand its portfolio of digital asset investment products, offering European investors diversified and institutional-grade access to the cryptocurrency market. Valour’s ETPs provide a seamless entry point for investors looking to gain exposure to emerging blockchain technologies without the need for direct ownership or complex custody solutions.

    “We are excited to bring Valour Dogecoin, Valour Aptos, Valour Sui, and Valour Render ETPs to the Börse Frankfurt exchange,” said Olivier Roussy Newton, CEO of Valour. “These new listings underscore our commitment to delivering innovative and accessible digital asset investment solutions to the European market. By offering secure and transparent exposure to some of the most promising protocols, we continue to drive the adoption of digital assets among institutional and retail investors alike.”

    “After successfully launching 20 products in the Nordics in December, we are now enhancing our product range in Germany with the most sought-after underlying digital assets. Investor demand for diversified crypto exposure continues to rise, and Aptos, Sui, Render, and Dogecoin stand out as some of the most compelling assets in the market. This launch reinforces our commitment to providing institutional-grade access to the digital asset space, aligned with market trends and investor needs.” said Johanna Belitz, Head of Nordics

    About DeFi Technologies
    DeFi Technologies Inc. (CBOE CA: DEFI) (GR: R9B) (OTC: DEFTF) is a financial technology company that pioneers the convergence of traditional capital markets with the world of decentralized finance (DeFi). With a dedicated focus on industry-leading Web3 technologies, DeFi Technologies aims to provide widespread investor access to the future of finance. Backed by an esteemed team of experts with extensive experience in financial markets and digital assets, we are committed to revolutionising the way individuals and institutions interact with the evolving financial ecosystem. Follow DeFi Technologies on Linkedin and Twitter, and for more details, visit https://defi.tech/  

    About Valour
    Valour Inc. and Valour Digital Securities Limited (together, “Valour”) issues exchange traded products (“ETPs”) that enable retail and institutional investors to access digital assets in a simple and secure way via their traditional bank account. Valour is part of the asset management business line of DeFi Technologies Inc. (CBOE CA: DEFI) (GR: R9B) (OTC: DEFTF). For more information about Valour, to subscribe, or to receive updates, visit valour.com.

    Cautionary note regarding forward-looking information:
    This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to the listing of ETPs; the development and prospects of the underlying digital assets; investor confidence in Valour’s ETPs; investor interest and confidence in digital assets; the regulatory environment with respect to the growth and adoption of decentralized finance and digital assets; the pursuit by the Company and its subsidiaries of business opportunities; and the merits or potential returns of any such opportunities. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, but is not limited the growth and development of decentralised finance and digital asset sector; rules and regulations with respect to decentralised finance and digital assets; general business, economic, competitive, political and social uncertainties. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

    THE CBOE CANADA EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

    For further information, please contact:

    Olivier Roussy Newton
    Chief Executive Officer
    ir@defi.tech
    (323) 537-7681

    The MIL Network –

    March 3, 2025
  • MIL-OSI Europe: ASIA/INDONESIA – Contemplation and apostolate in Kalimantan: the Jubilee of the Augustinian Sisters of Divine Mercy

    Source: Agenzia Fides – MIL OSI

    OSA Sisters Indonesia

    Ketapang (Agenzia Fides) – Their monastery is a place of prayer and spirituality, immersed in the green lungs of the rainforest. The Augustinian Sisters in the province of West Kalimantan have always considered prayer as the “breath of the soul”, as oxygen for personal and community life. For 75 years the sisters have been present in the heart of a remote province in Indonesian Borneo and for them this is the concrete expression of what oxygen does for an organism: it generates life. The Augustinian Sisters of Divine Mercy (OSA) began their mission in Borneo in 1949 with the arrival of a small delegation of five sisters from the Netherlands. Since then they have led a life of contemplation and active commitment here: they have combined prayer with the care of health and educational facilities and founded a boarding school for girls from the local population, the indigenous Dayak. Over the years, new vocations have emerged, and today there are many local nuns who continue the mission of the congregation, while the first Dutch sisters, now older, have returned to Europe. Their presence was and is valuable for the entire diocesan community of Ketapang, as Bishop Pius Riana Prapdi emphasized during a Eucharistic celebration to commemorate 75 years of missionary presence and to celebrate “the special anniversary year.” “The Augustinian sisters began their mission in an unknown and remote area, which is still characterized by impassable terrain, where you travel on rivers full of rapids and muddy roads,” said the bishop. But the sisters’ dedication and determination to do good in the name of the Gospel prevailed: they founded health facilities and schools in many rural and mountainous areas and “left a unique mark on the pastoral mission of the diocese of Ketapang.” Among the 21 Dutch nuns whose order has been active in the mission in Kalimantan for 75 years, Sister Dionne Appelman, now 84 years old, returned to Kalimantan to participate in the Jubilee Eucharist. For her, it was “an immersion in a past marked by the providence and grace of God”: “I am very happy that the seeds of religious vocations and apostolic works have sprouted and produced good fruit,” Sister Dionne Appelman told Fides. “We have been active in Indonesia for 75 years, especially in the diocese of Ketapang. It is a long history marked by joys and sorrows, great sacrifices and incessant struggles. But it has always been a history of salvation that continues to this day thanks to our Indonesian sisters.” “The work of God carried out by the Dutch missionary sisters has borne rich fruit,” says Sister Ignatia, Indonesian religious and Superior General of the Congregation of the Augustinian Sisters of Mercy in Indonesia, to Fides. Today the sisters are active in Indonesia in the regions of West Kalimantan (dioceses of Ketapang, Pontianak, Sintang and Sanggau), on the island of Java (in the dioceses of Jakarta, Malang and Surabaya) and in the region of Papua (diocese of Manokwari-Sorong). In total, there are 136 Augustinian sisters in Indonesia: 96 sisters with perpetual vows, 25 with temporary vows, 12 novices and 3 postulants. About 70 of them live in the West Kalimantan region. (PA) (Agenzia Fides, 1/3/2025)
    OSA Sisters Indonesia

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    MIL OSI Europe News –

    March 3, 2025
  • MIL-OSI Russia: The Polytechnic University hosted a conference of the Youth Technical Council of the RusHydro Group

    Translartion. Region: Russians Fedetion –

    Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

    On February 25 and 26, the RusHydro Group Youth Technical Council Conference was held at the Technopolis Polytech Research Building. Young specialists from the company’s branches and subsidiaries discussed improving work efficiency, developed plans for 2025, and communicated with experts.

    The Youth Technical Council (YTC) includes young specialists who jointly solve production, scientific, technical and scientific research tasks facing the company. The members of the council act as experts of the collegial bodies of RusHydro. This work opens access to new professional skills and contacts, which contributes to the formation of future technical leaders and key specialists of the industry.

    The first MTS conference was held in March 2024 in Moscow. At the second meeting at the Polytechnic, the participants summed up the results of MTS activities in 2024, spoke to experts in the TED format, developed proposals for the MTS Regulation, making adjustments to it for better work. Representatives of the collegial bodies, represented by the management of the production unit of the executive office of the RusHydro Group, reviewed each change. During a lively discussion, experts and young workers discussed proposals and possible formats for motivating MTS participants.

    Sergey Kondratyev, member of the board, first deputy general director and chief engineer of PJSC RusHydro, spoke at the conference. At the meeting with him, participants and experts defined the role of MTS in the system of collegial bodies of the RusHydro Group.

    In addition, several expert presentations took place. Deputy Head of the Hydrotechnical Department of JSC Lenhydroproject Konstantin Purgin made a report on the procedure for preparing an examination, issued comments, and the organization of the activities of the scientific and technical council during the examination. Head of the Standardization Department of the Technical Regulation Department of PJSC RusHydro Grigory Bondarenko presented the results of work with the NTD.

    During the discussions in the groups, the participants formed plans for work and cross-sectional interaction for 2025 and elected the chairman and secretary of the MTS.

    The final events of the conference were reference visits to enterprises in St. Petersburg and the Leningrad Region that are partners of the RusHydro Group.

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

    MIL OSI Russia News –

    March 3, 2025
  • MIL-OSI Global: In siding with Russia over Ukraine, Trump is not putting America first. He is hastening its decline

    Source: The Conversation – Global Perspectives – By Matthew Sussex, Associate Professor (Adj), Griffith Asia Institute; and Fellow, Strategic and Defence Studies Centre, Australian National University

    Has any nation squandered its diplomatic capital, plundered its own political system, attacked its partners and supplicated itself before its far weaker enemies as rapidly and brazenly as Donald Trump’s America?

    The fiery Oval Office meeting between Trump and Ukrainian President Volodymyr Zelensky on Friday saw the American leader try to publicly humiliate the democratically elected leader of a nation that had been invaded by a rapacious and imperialistic aggressor.

    And this was all because Zelensky refused to sign an act of capitulation, criticised Putin (who has tried to have Zelensky killed on numerous occasions), and failed to bend the knee to Trump, the country’s self-described king.

    The Oval Office meeting became heated in a way that has rarely been seen between world leaders.

    What’s worse is Trump has now been around so long that his oafish behaviour has become normalised. Together with his attack dog, Vice President JD Vance, Trump has thrown the Overton window – the spectrum of subjects politically acceptable to the public – wide open.

    Previously sensible Republicans are now either cowed or co-opted. Elon Musk’s so-called Department of Government Efficiency (DOGE) is gutting America’s public service and installing toadies in place of professionals, while his social media company, X, is platforming ads from actual neo-Nazis.

    The FBI is run by Kash Patel, who hawked bogus COVID vaccine reversal therapies and wrote children’s books featuring Trump as a monarch. The agency is already busily investigating Trump’s enemies.

    The Department of Health and Human Services is helmed by Robert F. Kennedy Jr., a vaccine denier, just as Americans have begun dying from measles for the first time in a decade. And America’s health and medical research has been channelled into ideologically “approved” topics.

    At the Pentagon, in a breathtaking act of self-sabotage, Defence Secretary Pete Hegseth has ordered US Cyber Command to halt all operations targeting Russia.

    And cuts to USAID funding are destroying US soft power, creating a vacuum that will gleefully be filled by China. Other Western aid donors are likely to follow suit so they can spend more on their militaries in response to US unilateralism.

    What is Trump’s strategy?

    Trump’s wrecking ball is already having seismic global effects, mere weeks after he took office.

    The US vote against a UN General Assembly resolution condemning Russia for starting the war against Ukraine placed it in previously unthinkable company – on the side of Russia, Belarus and North Korea. Even China abstained from the vote.

    In the United Kingdom, a YouGov poll of more than 5,000 respondents found that 48% of Britons thought it was more important to support Ukraine than maintain good relations with the US. Only 20% favoured supporting America over Ukraine.

    And Trump’s bizarre suggestion that China, Russia and the US halve their respective defence budgets is certain to be interpreted as a sign of weakness rather than strength.

    The oft-used explanation for his behaviour is that it echoes the isolationism of one of his ideological idols, former US President Andrew Jackson. Trump’s aim seems to be ring-fencing American businesses with high tariffs, while attempting to split Russia away from its relationship with China.

    These arguments are both economically illiterate and geopolitically witless. Even a cursory understanding of tariffs reveals that they drive inflation because they are paid by importers who then pass the costs on to consumers. Over time, they are little more than sugar pills that turn economies diabetic, increasingly reliant on state protections from unending trade wars.

    And the “reverse Kissinger” strategy – a reference to the US role in exacerbating the Sino-Soviet split during the Cold War – is wishful thinking to the extreme.

    Putin would have to be utterly incompetent to countenance a move away from Beijing. He has invested significant time and effort to improve this relationship, believing China will be the dominant power of the 21st century.

    Putin would be even more foolish to embrace the US as a full-blown partner. That would turn Russia’s depopulated southern border with China, stretching over 4,300 kilometres, into the potential front line of a new Cold War.

    What does this mean for America’s allies?

    While Trump’s moves have undoubtedly strengthened the US’ traditional adversaries, they have also weakened and alarmed its friends.

    Put simply, no American ally – either in Europe or Asia – can now have confidence Washington will honour its security commitments. This was brought starkly home to NATO members at the Munich Security Conference in February, where US representatives informed a stunned audience that America may no longer view itself as the main guarantor of European security.

    Vice President JD Vance delivers a strong message to European leaders.

    The swiftness of US disengagement means European countries must not only muster the will and means to arm themselves quickly, but also take the lead in collectively providing for Ukraine’s security.

    Whether they can do so remains unclear. Europe’s history of inaction does not bode well.

    US allies also face choices in Asia. Japan and South Korea will now be seriously considering all options – potentially even nuclear weapons – to deter an emboldened China.

    There are worries in Australia, as well. Can it pretend nothing has changed and hope the situation will then normalise after the next US presidential election?

    The future of AUKUS, the deal to purchase (and then co-design) US nuclear powered submarines, is particularly uncertain.

    Does it make strategic sense to pursue full integration with the US military when the White House could just treat Taipei, Tokyo, Seoul and Canberra with the same indifference it has displayed towards its friends in Europe?

    Ultimately, the chaos Trump 2.0 has unleashed in such a short amount of time is both unprecedented and bewildering. In seeking to put “America First”, Trump is perversely hastening its decline. He is leaving America isolated and untrusted by its closest friends.

    And, in doing so, the world’s most powerful nation has also made the world a more dangerous, uncertain and ultimately an uglier place to be.

    Matthew Sussex has received funding from the Australian Research Council, the Atlantic Council, the Fulbright Foundation, the Carnegie Foundation, the Lowy Institute and various Australian government departments and agencies.

    – ref. In siding with Russia over Ukraine, Trump is not putting America first. He is hastening its decline – https://theconversation.com/in-siding-with-russia-over-ukraine-trump-is-not-putting-america-first-he-is-hastening-its-decline-251140

    MIL OSI – Global Reports –

    March 3, 2025
  • MIL-OSI Global: From the fashion to the speeches to the music, this was an Oscars of few surprises. 5 experts break it down

    Source: The Conversation – Global Perspectives – By Harriette Richards, Senior Lecturer, School of Fashion and Textiles, RMIT University

    In a year with few surprises in the awards categories, there was also a dearth of surprises on the red carpet. The sartorial themes included sparkling metallics, coloured menswear and bows, bows and more bows.

    Metallic gowns that resemble the Oscar statue are a familiar sight at the Academy Awards and this year was no different. Some of the standouts included best actress nominee Demi Moore in a magnificently glittering silver Armani Privé gown, Selena Gomez in custom Ralph Lauren encrusted with 16,000 individual blush-toned jewel teardrops, and Emma Stone in a minimalist Louis Vuitton sheath covered in iridescent fish scales.

    In the menswear category, tuxedos reign supreme. This year was notable only for the diversity of colours in which these suits came.

    Best actor nominee Timothée Chalamet lived up to his reputation for monochrome, richly hued ensembles in a custom butter yellow leather suit by Givenchy, paired with a matching silk shirt and delicate neck brooch in place of a tie. His best actor nominated compatriot, Colman Domingo (one of the best dressed men in Hollywood) was pristine in a double-breasted red silk jacket with black lapels, black trousers and matching red shirt by Valentino, similarly eschewing a tie in favour of a fine gold brooch. Andrew Garfield wore louche chocolate brown Gucci and Jeremy Strong wore a suit by Loro Piana in an unusual tone of olive green.

    Bows of varying size and stature were perhaps the strongest theme of the night.

    Best actress winner Mikey Madison in black and pink Dior, best supporting actress nominee Felicity Jones in shimmering liquid silver Armani, Elle Fanning in white and black Givenchy and Lupita Nyong’o in white Chanel were all adorned with bows at their waists.

    The most remarkable bow of the night though was best actress nominee Cynthia Erivo in a structured deep emerald-green velvet Louis Vuitton gown, the broad, wing-like sleeves of which were crafted as a bow.

    Notable mentions must also go to those attendees who do not fit neatly into any thematic category. Best supporting actress nominee Ariana Grande wore a meticulously crafted pale pink Schiaparelli confection and Lisa (of Blackpink and now White Lotus fame) perfected a feminine take on masculine suiting in a tuxedo dress by Markgong.

    The only real surprise was the lack of political statements on display. Unlike recent years, when pins and ribbons in support of Ukraine and Palestine were widely worn, this year only Guy Pearce was spotted wearing a Free Palestine pin, Conclave writer Peter Straughan wore a Ukrainian flag pin and Kayo Shekoni had “free Congo” emblazoned on the sole of her high heels.

    – Harriette Richards

    The best picture: Anora

    And the best picture Oscar goes to … Anora – the film that was favoured to win, so no surprises here.

    Though he had been working for more than a decade at the time, writer-director-editor Sean Baker came onto the independent movie scene with a bang with 2015’s Tangerine, a gimmicky film that was mainly celebrated for being shot on an iPhone. Why this would be celebrated is anyone’s guess. I suspect it’s because of the “I could do it too” factor – something the average person certainly couldn’t say if we’re talking 35mm celluloid.

    Since then, Baker’s films have relished in embracing the digital, neon world, but always in a kind of sentimental and shallow, rather than critical, register. None of his films are awful – and maybe that’s saying something in this day and age. Anora also is not awful, but it’s not particularly memorable either.

    Anora follows a run of the mill American dream-type story about a hard-working stripper who seems to strike fairytale gold when a young, fun Russian oligarch falls in love with her. Only the dream turns out to be more of a nightmare (kind of) when things don’t quite work out and the film ends with the titular character once again independent and free.

    The idea of undercutting the fairytale setup of the typical rom-com is not at all original, and the film strikes me as even more schmaltzy in its rejection of the fairytale dream than if it had embraced it and played like a tween-focused Nickelodeon film (it’s about as poignant as this).

    The film’s cardinal sin, however – and it’s certainly not alone in this – is its critical overlength. Each of the film’s sections could have had some 20 minutes cut and we would have had an enjoyably tight romp at 80 minutes. Instead, Anora drags on, swept up in its imagining of its own profundity – at times pretentious, but mainly tedious.

    – Ari Mattes

    Not the year to stick a neck out

    The speeches this year were conspicuously meek. No announcer majorly insulted anyone else. No winner assaulted anyone else. Even the James Bond retrospective lacked energy. What’s going on in Hollywood?

    There are clues that help explain this curious flatness. Host Conan O’Brien mentioned the pressure of “divisive politics” while reflecting on California’s wildfires. Several winners spoke about the importance of shared experience, of what unites us, of film as a medium that brings people together, a force for “good and progress in the world” and “a reminder not to let hate go unchecked”.

    The directors of No Other Land, receiving their Oscar for best documentary, shared the one clear critical voice. Palestinian Basel Adra wished his newborn daughter a life without the fear that governs daily life in his homeland. Israeli co-director Yuval Abraham agreed: “There is another way. It’s not too late for life and for the living. There is no other way.”

    However, that was the only moment people at the Oscars seemed willing to confront the political elephant in the room.

    Anora director Sean Baker used his last (of four!) acceptance speeches to compel more people to help keep cinema doors open. He made his point passionately: this was the best way to sustain an industry that could continue to make brilliant movies. That said, the most emotive speeches of past Oscars events went much further than just commenting on the bread and butter concerns of the film industry.

    This year, there were more clues in what people did not say. There were feints at Russian dictators – but nobody mentioned the war in Ukraine. There was no discussion of a certain election result, nor of filmmakers’ fears that Washington is now in the control of a governing faction that loathes them. Most revealing of all: nobody raised a peep about the President or his friends.

    Hollywood’s collective discipline was on show tonight – and 2025 is not the year to stick a neck out.

    – Tom Clark

    A banner year for independent film

    Independent films were the big winners for this year’s Oscars. While many of the technical awards went to the big budget films, such as Wicked (the US$145 million film won costume design and production design) and Dune: Part 2 (made at a budget of US$190 million, and winning sound and visual effects), the night’s major awards went to small productions.

    While the definitions of “independence” and “studio” films don’t exist in a neat binary when it comes to production and global distribution, we can distinguish between film juggernauts and smaller films.

    Three independent films won significant awards that are of note. Latvian film Flow was the first independent film to win best animated feature, up against major films Inside Out 2 (Pixar Films) and The Wild Robot (DreamWorks).

    The film follows a cat, a dog, a capybara, a secretary bird and a ring-tailed lemur navigating a post-apocalyptic world with rising sea levels. The film also only used free and open-source software Blender and mostly used sounds from real world counterparts of the various characters. It was made for a budget of just €3.5 million (A$5.9 million).

    The best documentary film nominees were dominated by independent films. Notably, the winner No Other Land has sadly been unable to find a distributor to release the film in the United States. (It is available for streaming in Australia on DocPlay, and in select cinemas.) The film was only eligible because the Film Lincoln Centre in New York facilitated a one-week, qualifying theatrical run.

    The night’s top glories went to Anora, made on a budget of just US$6 million (A$9.7 million) and taking home the awards for best film, director, actress, screenplay and editing.

    In his acceptance speech for best director, Sean Baker spoke of the importance of films getting a theatrical release. Films, he said, are about humanity – and that is best experienced in watching a film with other people.

    During awards season, Baker has often spoken about the importance of small budget films in the expression of core human experiences.

    The final message of the night went to Baker when he thanked the Academy for recognising a truly independent film: “Long live independent film!”

    Indeed, independent films ruled this year’s Oscars.

    – Stuart Richards

    Best actor and actress

    Mikey Madison, who won the best actress award for Anora, is quite good in the role. That said, it’s difficult to evaluate her performance in such a meandering film.

    She tries hard playing a stripper who falls for Prince Charming – a Russian oligarch (Hollywood’s anti-Russian sentiment has certainly grown in recent years) who turns out to be a bit of a weakling with meanie parents. But Madison never really convincingly embodies the character, and we’re ever aware as we watch the film that she’s an actress working her way through relevant emotions and intensities.

    That said, Madison is good at yelling and stripping, and this is the main way she shows her chops here. She screamed well in Once Upon a Time… in Hollywood (2019), too. The bar this year was admittedly pretty low, and truth be told Madison’s performance in Anora (aside from Fernanda Torres for I’m Still Here) is probably the best out of the nominees.

    In contrast, Adrien Brody, who won the best actor award, is absolutely unforgettable in the flawed but magnificent The Brutalist – the best he’s been since The Pianist, and the deserved winner by a mile out of a similarly mediocre field. Brody is simply a pleasure to watch, and drives, in a wholly embodied way, this grandiose and exceedingly long film (the fact it doesn’t feel long is largely due to his magnetism).

    The screenplay, in which the character comes across as a combination of arrogant, sweet and at times comedic, allows Brody to display the full range of his talent, and he plays the whole thing with an endearing vulnerability. But, again, it’s unfair to compare Brody and Madison – The Brutalist is a spectacularly accomplished cinematic epic, while Anora feels as stylish and profound as a social media video (I know that’s the point, but that doesn’t make it any more compelling).

    – Ari Mattes

    A lacklustre year for music

    This was a strong year for music-based films, with three of the most nominated ones being musicals of various types: the big-budget Broadway adaptation Wicked, the original film musical Emilia Pérez, and the musician biopic A Complete Unknown.

    The music of the ceremony itself was nicely assembled, with a live orchestra (conducted by Michael Bearden) accompanying proceedings from above the stage.

    But the show was marred by an absence: the best song nominations were not performed live. The new songs this year were so bland, however – especially when compared to the Wicked score and Bob Dylan – that I can hardly blame the producers. The nominations included a dull Elton John song, some soft guitar rock from Sing Sing, Diane Warren’s 16th (!) nominated song (more soft rock), and two forgettable songs from Emilia Pérez (one of which, El Mal, was the winner).

    So little faith did the Academy have in the songs that only a few seconds were played from each, mostly covered by a montage of interviews with the songwriters.

    This year’s nominated best scores were not much more memorable, but Daniel Blumberg deserved his win for The Brutalist. It demonstrates a high level of composition and orchestration craft. It uses edgy instrumental textures to increase the feelings of uncertainty and imbalance that the film imparts.

    The show included a lot of Wizard of Oz. Ariana Grande sang Over the Rainbow from the 1939 film and Cynthia Erivo sang Home from The Wiz, the 1974 soul musical based on the book. Then they performed Defying Gravity from Wicked together.

    Another subtle Wizard of Oz nod was the music played during the commercial breaks: a loop based on Brand New Day from The Wiz, whose 1979 film version had its music produced by the late Quincy Jones. Queen Latifah and backup dancers brought some much needed energy to the last hour of the ceremony with Ease on Down the Road, also from The Wiz, as part of a Jones tribute.

    One surprise was an unnecessary but enjoyable James Bond sequence featuring Margaret Qualley dancing to John Barry’s famous theme, a performance of Live and Let Die by K-pop star Lisa, Doja Cat singing Diamonds Are Forever, and Raye’s rendition of Skyfall.

    This plus the various numbers from the Oz Musical Universe only highlighted how lacklustre this year’s nominated music was.

    – Gregory Camp

    The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. From the fashion to the speeches to the music, this was an Oscars of few surprises. 5 experts break it down – https://theconversation.com/from-the-fashion-to-the-speeches-to-the-music-this-was-an-oscars-of-few-surprises-5-experts-break-it-down-251264

    MIL OSI – Global Reports –

    March 3, 2025
  • MIL-OSI Russia: SUM held a webinar on the exchange of best practices in project-based learning for teachers of Russian universities

    Translartion. Region: Russians Fedetion –

    Source: State University of Management – Official website of the State –

    On February 28, the first online seminar in 2025 was held for teachers and staff of higher education institutions, dedicated to the issues of introducing project-based learning into the educational process.

    The webinar was organized by the State University of Management as an interregional educational and methodological center for project-based learning and the Association of Project-Oriented Organizations of Science and Higher Education.

    The webinar featured four informative presentations, each of which highlighted important aspects of project activities at the university.

    Artem Merenkov, associate professor of the Department of Transport Complex Management at the Institute of Industry Management at the State University of Management, shared the successful experience of the department in the field of project-based learning, highlighting seven key principles that contribute to the effective implementation of this methodology in the educational process.

    Ekaterina Kupriyanova, head of the “Office of Initiative and Project Management” project, senior lecturer of private and entrepreneurial law at Surgut State University, spoke about the path of development of the project-based learning system at Surgut State University – from the creation of an initiative group to the full integration of the project approach into the educational model.

    Veniamin Manukyan, leading specialist of the business incubator of the Yaroslavl State University named after P.G. Demidov, CEO of the startup studio “Struktura”, presented a methodology for working in an educational environment that allows creating a pipeline of startups and leading to a product with a turnover of several million rubles.

    Oksana Chulanova, professor of the Department of Public and Municipal Administration and Personnel Management at Surgut State University, presented a unique model of project-based learning based on the bionic approach using the example of Surgut State University. This innovative approach allows integrating interdisciplinary knowledge and practical skills, creating conditions for students to deeply immerse themselves in real professional tasks.

    Thank you all for your active participation. We are confident that the knowledge and ideas gained will help make project-based learning an even more effective tool for training future specialists.

    Subscribe to the TG channel “Our GUU” Date of publication: 03.03.2025

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

    MIL OSI Russia News –

    March 3, 2025
  • MIL-OSI: 8/2025・Trifork Group AG – Reporting of transactions made by persons discharging managerial responsibilities

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no. 8 / 2025
    Schindellegi, Switzerland – 3 March 2025


    Reporting of transactions made by persons discharging managerial responsibilities

    Pursuant to the Market Abuse Regulation Article 19, Trifork Group AG (Swiss company registration number CHE-474.101.854) (“Trifork”) hereby notifies receipt of information of the following transactions made by persons discharging managerial responsibilities in Trifork in connection with automatic vesting of Restricted Stock Units (“RSUs”) granted under the terms of a long-term incentive program (the “LTIP“) in accordance with Trifork’s Remuneration Policy.

    1. Details of the person discharging managerial responsibilities/person closely associated
    a) Name Jørn Larsen
    2. Reason for the notification
    a) Position/status CEO
    b) Initial notification/
    Amendment
    Initial notification
    3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
    a) Name Trifork Group AG
    b) LEI 8945004BYZKXPESTBL36
    4.1 Details of the transaction(s)
    a) Description of the financial instrument, type of instrument

    Identification code

    Shares

    ISIN CH1111227810

    b) Nature of the transaction Automatic vesting of 19,990 RSUs granted under the terms of the LTIP. The 19,990 shares were previously held by Trifork as treasury shares.
    c) Price(s) and volume(s) Price(s) Volume(s)
    DKK 0 19,990
    d) Aggregated information
    —
    Aggregated volume —
    Price
    N/A
    e) Date of the transaction 3 March 2025
    f) Place of the transaction Outside a trading venue
    1. Details of the person discharging managerial responsibilities/person closely associated
    a) Name Kristian Wulf-Andersen
    2. Reason for the notification
    a) Position/status CFO
    b) Initial notification/
    Amendment
    Initial notification
    3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
    a) Name Trifork Group AG
    b) LEI 8945004BYZKXPESTBL36
    4.1 Details of the transaction(s)
    a) Description of the financial instrument, type of instrument

    Identification code

    Shares

    ISIN CH1111227810

    b) Nature of the transaction Automatic vesting of 13,321 RSUs granted under the terms of the LTIP. The 13,321 shares were previously held by Trifork as treasury shares.
    c) Price(s) and volume(s) Price(s) Volume(s)
    DKK 0 13,321
    d) Aggregated information
    —
    Aggregated volume —
    Price
    N/A
    e) Date of the transaction 3 March 2025
    f) Place of the transaction Outside a trading venue


    Information and questions

    Frederik Svanholm, Group Investment Director, frsv@trifork.com, +41 79 357 73 17


    About Trifork

    Trifork is a pioneering global technology partner, empowering enterprise and public sector customers with innovative solutions. With 1,229 professionals across 73 business units in 16 countries, Trifork delivers expertise in inspiring, building, and running advanced software solutions across diverse sectors, including public administration, healthcare, manufacturing, logistics, energy, financial services, retail, and real estate. Trifork Labs, the Group’s R&D hub, drives innovation by investing in and developing synergistic and high-potential technology companies. Trifork Group AG is a publicly listed company on Nasdaq Copenhagen. Learn more at trifork.com.

    Attachment

    • CA_8_2025_RSU conversion

    The MIL Network –

    March 3, 2025
  • MIL-OSI Submissions: University Research – Melting Antarctic ice sheets will slow Earth’s strongest ocean current – Melbourne University

    Source:  University of Melbourne

    Melting ice sheets are slowing the Antarctic Circumpolar Current (ACC), the world’s strongest ocean current, researchers have found.

    This melting has implications for global climate indicators, including sea level rise, ocean warming and viability of marine ecosystems.

    The researchers, from the University of Melbourne and NORCE Norway Research Centre, have shown the current slowing by around 20 per cent by 2050 in a high carbon emissions scenario.

    This influx of fresh water into the Southern Ocean is expected to change the properties, such as density (salinity), of the ocean and its circulation patterns.

    University of Melbourne researchers, fluid mechanist Associate Professor Bishakhdatta Gayen and climate scientist Dr Taimoor Sohail, and oceanographer Dr Andreas Klocker from the NORCE Norwegian Research Centre, undertook the research. They analysed a high-resolution ocean and sea ice simulation of ocean currents, heat transport and other factors to diagnose the impact of changing temperature, saltiness and wind conditions. (ref. https://www.norceresearch.no/en/ )

    Associate Professor Gayen said: “The ocean is extremely complex and finely balanced. If this current ‘engine’ breaks down, there could be severe consequences. These could include more climate variability, with greater extremes in certain regions, and accelerated global warming due to a reduction in the ocean’s capacity to act as a carbon sink.”

    The ACC works as a barrier to invasive species, like rafts of southern bull kelp that ride the currents, or marine-borne animals like shrimp or molluscs, from other continents reaching Antarctica.

    As the ACC slows and weakens, there is a higher likelihood such species will make their way onto the fragile Antarctic continent. This will potentially have a severe impact on the food web, which may, for example, change the available diet of Antarctic penguins.

    The ACC is a crucial part of the world’s “ocean conveyor belt” and is more than four times stronger than the gulf stream. It moves water around the globe – linking the Atlantic, Pacific and Indian Oceans. The ACC is the main mechanism for the exchange of heat, carbon dioxide, chemicals and biology across these ocean basins.

    The researchers used Australia’s fastest supercomputer and climate simulator, GADI, located at Access National Research Infrastructure  in Canberra. The underlying model (ACCESS-OM2-01) has been developed over a number of years by Australian researchers from various universities. (ref. https://www.access-nri.org.au/ )

    The projections explored in this analysis were conducted by a research team based at UNSW, who found that the transport of ocean water from the surface to the deep may also slow in the future. (ref. https://www.nature.com/articles/s41586-023-05762-w )

    Dr Sohail said it is predicted the slow-down will be similar under the lower emissions scenario, provided ice melting accelerates as predicted in other studies.

    “The 2015 Paris Agreement aimed to limit global warming to 1.5 degrees Celsius above pre-industrial levels. Many scientists agree we have already reached this 1.5 degree target, and it is likely to get hotter, with flow-on impacts on Antarctic ice melting,” Dr Sohail said.(ref. https://theconversation.com/earth-is-already-shooting-through-the-1-5-c-global-warming-limit-two-major-studies-show-249133 )

    “Concerted efforts to limit global warming (by reducing carbon emissions) will limit Antarctic ice melting, averting the projected ACC slowdown.”

    Published in Environmental Research Letters today, the research reveals the impact of ice melting and ocean warming on the ACC is more complex than previously thought.

    “The melting ice sheets dump vast quantities of fresh water into the salty ocean. This sudden change in ocean ‘salinity’ has a series of consequences. These include the weakening of the sinking of surface ocean water to the deep (called the Antarctic Bottom Water), and, based on this study, a weakening of the strong ocean jet that surrounds Antarctica,” Associate Professor Gayen said.

    Associate Professor Gayen said this new research contrasts with previous studies, which suggested the ACC may be accelerating.

    “Ocean models have historically been unable to adequately resolve the small-scale processes that control current strength. This model resolves such processes, and shows a mechanism through which the ACC is projected to actually slow-down in the future. However, further observational and modelling studies of this poorly-observed region are necessary to definitively discern the current’s response to climate change,” he said.

    MIL OSI – Submitted News –

    March 3, 2025
  • MIL-OSI Russia: NSU student wins silver award at prestigious International Youth Mathematical Competition

    Translartion. Region: Russians Fedetion –

    Source: Novosibirsk State University – Novosibirsk State University –

    The International Youth Math Challenge (IYMC) is a prestigious competition that provides students with the opportunity to test their knowledge of mathematics and become part of a global community of young mathematicians. The competition is coordinated by Edu.Harbour from Heidelberg, Germany and is held annually. Since its inception in 2018, IYMC has attracted more than 30,000 participants from around the world.

    Alam Md Mustaqim Bin, master’s student Physics Department of NSU from Bangladesh, was among the top 8% of the best performers and won the silver award. A total of 5,280 students from all over the world competed for the victory this year. Alam Md Mustaqim Bin also won the national award of second degree.

    The main objective of IYMC is to create an innovative platform for students to learn mathematics in depth and develop problem solving skills. The final round of the competition is highly competitive, with participants required to demonstrate their knowledge and skills in a timed online exam.

    — I am interested in astrophysics and astronomy, I am interested in mathematics, so I participated in IYMC for the second time. I also wanted to test my skills. The competition was held online all over the world and consisted of three stages: selection, pre-final and final. All stages were monitored using proctoring (a special monitoring system for conducting an online exam or testing), — said Alam Md Mustaqim Bin.

    The competition required solving various typical mathematical problems and analyzing scientific papers.

    — In 2020, I represented Bangladesh and won a bronze award. This year, I won silver and the second national award (second result in the country). It is a great honor for me to represent NSU, and I am proud to be a student of this university, — the student shared his impressions.

    Mathematics is not just numbers and formulas, it is a way of thinking. It helps to understand not only the laws of physics, but also many phenomena in life.

    On behalf of the university, we congratulate the winner!

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

    MIL OSI Russia News –

    March 3, 2025
  • MIL-OSI: Seven in ten businesses want simplified customer experience from telecom providers

    Source: GlobeNewswire (MIL-OSI)

    Press contact:
    Florence Lievre
    Tel: + 33 1 47 54 50 71
    Email: florence.lievre@capgemini.com

    Seven in ten businesses want simplified customer experience from telecom providers

    Businesses expect customized, seamless, flexible, and secure experience when purchasing telecom services

    Paris, March 3, 2025 – The first edition of the Capgemini Research Institute’s new annual study ‘The B2B pulse: Top six expectations of telecoms’ business customers’, published today, reveals a significant shift in business customer expectations. Most organizations across sectors expect telecom companies to go beyond connectivity services. The convergence of AI, Cloud, and 5G marks a pivotal moment, requiring operators to transition from product-focused connectivity providers to being comprehensive and client-centric.
      
    The top expectations: industry-tailored solutions, simplification and ecosystem orchestration
    Two in three business customers (67%) expect their telecom partners to demonstrate a deep understanding of specific industry challenges and provide flexible and tailored solutions that fit their needs, rather than generic services.

    Business customers now seek solutions that operate across hybrid networks, edge computing, and cloud environments: around three in five organizations rely on their telecom providers to orchestrate a comprehensive ecosystem that seamlessly integrates IT, support systems, and industry-specific expertise, while seven out of ten expect simpler processes, along with more flexible purchasing and servicing experiences. However, only one in three organizations are currently satisfied with Service Level Agreement (SLA) compliance and network performance/reliability.

    Most organizations (61%) are keen for their telecom provider to act as a source of innovation. Early access to cutting-edge technologies and joint efforts on pilots and prototypes is a top expectation (62%) while organizations are exploring advanced communications services to support a variety of use cases such as autonomous vehicles, smart city applications, cloud connectivity, and real-time industrial automation.

    “In today’s hyperconnected world, telcos are the backbone of the digital economy. Businesses expect telecom providers to move beyond connectivity services, and offer tailored, end-to-end and flexible solutions that power digitalization, operational efficiency, and sustainable growth,” said Praveen Shankar, Global Telecom Leader at Capgemini. “By forging strong partnerships with customers and industry peers, orchestrating an innovation ecosystem and prioritizing seamless customer experience, telecom organizations can enhance trust, simplify offerings, and differentiate themselves in a fast-moving landscape.”

    Customer experience, an untapped opportunity for telco provider growth
    While telcos’ customers are keen to access services beyond the core offerings, only 28% of organizations currently say that they purchase these services, from their provider. In their urgency to set up these value-added services only 27% of organizations say their telco providers currently deliver exceptional CX, while half are ready to pay a premium to improve it, highlighting that customer experience is still an untapped opportunity to accelerate growth and boost loyalty and innovation for telco providers.

    Businesses rely on telecom providers for robust and reliable security safeguards
    Among the various facets of telecom services, cybersecurity is a priority area for more than 70% of the organizations surveyed. With technological advancements, such as AI and Gen AI, cloudification, and wireless/5G networks, the threat landscape for organizations is evolving rapidly and businesses are increasingly concerned about protecting their data and systems. The report highlights that enterprises are looking for comprehensive security solutions from their telecom providers, with more than half of organizations (53%) willing to invest in telecom tech services, such as implementation of advanced cybersecurity solutions, in the next 1–2 years.

    For more information or to download the report, visit: Link

    Methodology

    The Capgemini Research Institute surveyed 1,000 executives, at director level or above from telecoms’ business customers across 11 sectors and 13 countries in Asia–Pacific, Europe, and North America. To complement the survey findings, twenty in-depth discussions were conducted with executives from the telecom industry and customer industries. The global survey was carried out in December 2024 and January 2025.

    About Capgemini
    Capgemini is a global business and technology transformation partner, helping organizations to accelerate their dual transition to a digital and sustainable world, while creating tangible impact for enterprises and society. It is a responsible and diverse group of 340,000 team members in more than 50 countries. With its strong over 55-year heritage, Capgemini is trusted by its clients to unlock the value of technology to address the entire breadth of their business needs. It delivers end-to-end services and solutions leveraging strengths from strategy and design to engineering, all fueled by its market leading capabilities in AI, generative AI, cloud and data, combined with its deep industry expertise and partner ecosystem. The Group reported 2024 global revenues of €22.1 billion.
    Get The Future You Want | www.capgemini.com

    About the Capgemini Research Institute
    The Capgemini Research Institute is Capgemini’s in-house think-tank on all things digital. The Institute publishes research on the impact of digital technologies on large traditional businesses. The team draws on the worldwide network of Capgemini experts and works closely with academic and technology partners. The Institute has dedicated research centers in India, Singapore, the United Kingdom and the United States. It was ranked #1 in the world for the quality of its research by independent analysts for six consecutive times – an industry first. Visit us at https://www.capgemini.com/researchinstitute/

    Attachments

    • 2025_03_03_Capgemini_News Alert_Top expectations of Telco business customers
    • Capgemini-Infographic-Telco

    The MIL Network –

    March 3, 2025
  • MIL-Evening Report: Dutton says as PM he would ‘lobby’ Donald Trump to reconsider Ukraine stand

    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra

    Peter Dutton says if he became prime minister he would lobby US President Donald Trump “to reconsider his position” on Ukraine.

    The opposition leader, who previously rejected Trump’s description of Ukraine’s President Volodymyr Zelensky as a “dictator”, has gone further in distancing himself from Trump after the shouting match in the Oval Office, when Trump and Vice President JD Vance berated Zelensky.

    “I was disappointed by the scenes out of the White House,” Dutton told a Monday news conference. “I believe that President Zelensky requires the support of European countries, of the United States, and countries like Australia as well.”

    He said the United States has been “an incredibly important ally” for Australia and he regarded it as a reliable one.

    But making decisions in Australia’s best interests sometimes meant “standing up to your friends and to those traditional allies because our views have diverged.

    “In relation to Ukraine, the Australian view at the moment is different to the United States, and my job as prime minister will be to lobby the president of the United States to reconsider his position in relation to Ukraine. Because I think it’s in all of our collective best interests if we’re able to provide support to Ukraine, and that’s something I’m dedicated to.”

    Dutton’s criticism of Trump is at odds with some in his base and some right wing commentators, who are wedded to Trump, right or wrong.

    Unlike policy on the Middle East, where bipartisanship has broken, both sides of Australian politics have remained firmly behind Ukraine from the start of the war. There is no sign of the bipartisanship being under pressure.

    Australia has supplied Ukraine with about $1.5 billion worth of assistance, of which $1.3 billion is military aid.

    Prime Minister Anthony Albanese, speaking at the start of Monday’s cabinet’s meeting, reiterated Australia’s strong backing for the embattled country in its war with Russia.

    “We regard this as an issue of doing what’s right, but also what is in Australia’s national interest.

    “The brave people of Ukraine, led so extraordinarily by President Zelensky, are fighting not just for their national sovereignty and for their democracy. They are fighting for the international rule of law.

    “And it is an easy choice that Australia has made.”

    On Sunday Treasurer Jim Chalmers said “I think President Zelensky is a hero”.

    Dutton on Monday used similar language. “President Zelensky is a modern-day hero. He’s a war hero and he deserves support.”

    On another front – Australia’s bid to avoid the US tariffs on aluminium and steel – while there is bipartisanship, the opposition is from time to time critical of the government’s handling of the issue.

    Shadow finance minister Jane Hume said on Monday: “The Coalition wholeheartedly supports the government’s efforts to make sure that these tariffs are not imposed by the US.

    “We would hope that the government will pull out all stops here in order to make sure that Australia’s national interests, our economic interests, are protected. I do note that Anthony Albanese is the only member of the Quad, which is one of our most important diplomatic relationships with the US, that hasn’t met directly with Donald Trump yet.”

    The new tariffs are due to come into effect on March 12.

    Australia has been further alarmed by an article published late last week by Trump’s trade advisor, Peter Navarro.

    Navarro wrote: “Consider Australia. Its heavily subsidised smelters operate below cost, giving them an unfair dumping advantage, while Australia’s close ties to China further distort global aluminium trade”.

    “Australia and Canada represent frontal assaults on our aluminium markets.”

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

    – ref. Dutton says as PM he would ‘lobby’ Donald Trump to reconsider Ukraine stand – https://theconversation.com/dutton-says-as-pm-he-would-lobby-donald-trump-to-reconsider-ukraine-stand-251256

    MIL OSI Analysis – EveningReport.nz –

    March 3, 2025
  • MIL-OSI Europe: EU+ asylum applications decrease by 11% in 2024, and some changing trends established

    Source: European Asylum Support Office

    The number of asylum applications received in the EU+ decreased by over one tenth (11 %) in 2024, with applications from Syrians, Afghans and Turks all decreasing significantly. While Germany continued to receive the most applications in the EU+, these were down by one third last year. Cyprus continued to receive the most applications per capita. In 2024, almost half of all received applications (48 %) were from citizenships for which the recognition rate is low (≤ 20 %).

    The European Union Agency for Asylum (EUAA) has just published its annual analysis of asylum trends in 2024. Some 1 014 000 asylum applications were received in the EU+, an 11 % decrease year-over-year. Several of the main citizenships of asylum applicants in the EU+ each recorded a significant decrease in 2024. Applications from Syrians (151 000), Afghans (87 000), and Turks (56 000), each decreased by 17 %, 24 % and 45 %, respectively, compared to 2023.

    Latin American citizenships also recorded notable changes in protection requests in 2024. Venezuelans (74 000) lodged a record number of applications, up by around a tenth (9 %) compared to 2023; while applications from Colombians (52 000) decreased by almost a fifth (- 18 %) in 2024. Taken together, not only did these two nationalities account for a majority of all visa-free applicants in the EU+, they also represented over three fifths of applicants in Spain. After a surge of boat arrivals in the Canary Islands, Malians (17 000) and Senegalese (14 000) both lodged more than twice as many applications in the EU+, compared to 2023.

    Changing trends in key receiving EU+ countries

    In 2024, Germany (237 000) again received the most asylum applications in the EU+, though the number was a third lower (- 29 %), year-over-year. While Spain (166 000), Italy (159 000) and France (159 000) received rather similar numbers of asylum applications in 2024, at around 16 % of the EU+ total, each; these Member States were faced with new dynamics. For example, Peruvians (27 000), who continued to lodge significant numbers of applications in the EU+, shifted to applying mostly in Italy in 2024, where they became the 2nd most populous citizenship.

    However, the number of asylum applications received does not convey the full measure of protection needs in the EU+. In December 2024, around 4.4 million persons displaced from the Russian invasion of Ukraine were receiving temporary protection. Ukrainians (27 000) lodged significantly more asylum applications in 2024 in the EU+, up by 90 % compared to 2023; half did so in France and one quarter in Poland. The number of Ukrainian applications received in 2024 was reminiscent of initial figures in 2022, after the full-scale Russian invasion of Ukraine began.

    Evaluating which EU+ countries receive the most applications for asylum is important, but a simple like-for-like comparison is not always appropriate because their asylum and reception capacities can vary. Cyprus (6 800) has long been the recipient of the most applications per capita. By the end of 2024, Greece (74 000) received the 2nd most applications per capita. In 2024, both countries received around 1 application for every 140 residents.

    State of decision-taking on international protection

    In 2024, the EU+ recognition rate remained stable at 42 %, though this aggregate figure masks significant variations across nationalities and a tendency to grant subsidiary protection, rather than refugee status.

    The Syrian recognition rate has been above 90% for most of the last two years. However, while recognition rates for Syrians remained relatively aligned among decision-making countries including Greece (90 %), Germany (92 %), and Austria (95 %), there was significant variation in the type of protection granted.

    On the other hand, the Afghan recognition rate stood at 63 % at EU+ level, and there was significant variation across EU+ countries including Belgium (39 %), Germany (41 %), France (67 %), Austria (76%), Switzerland (90 %), and Greece (98 %). However, EU+ countries tended to grant refugee status more often than subsidiary protection.

    The EUAA notes that in 2024 almost half of all applications received (48 %) were from citizenships for which the recognition rate is low (≤ 20 %). Citizenships in this group included Bangladeshi, Moroccan and Tunisian nationals. The future Asylum Procedure Regulation provides that applications from applicants from countries with a low recognition rate should be subjected to an accelerated examination procedure, and to an asylum border procedure when the relevant conditions are met.

    For more information and a series of interactive data visualisations, please visit the EUAA Latest Asylum Trends

    MIL OSI Europe News –

    March 3, 2025
  • MIL-OSI: Nokia partners with Carrix to introduce private wireless solutions in key U.S. container terminals #MWC25

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    Nokia partners with Carrix to introduce private wireless solutions in key U.S. container terminals #MWC25

    • Nokia DAC helps Carrix enhance operations at several leading marine terminals in the United States.

    3 March 2025
    Espoo, Finland – Carrix, one of the world’s leading independent marine terminal and rail yard operators, is partnering with Nokia to introduce Nokia DAC, a private wireless solution to help enhance the company’s operations at several leading marine terminals in the United States, including in Jacksonville, Florida; Long Beach, California; Oakland, California; and Seattle, Washington.

    Founded in 1949, Carrix operates more than 250 terminal facilities and rail yards in the United States, Canada, Mexico, Central America, South America, and Asia.

    Nokia DAC underpins Carrix’s operations providing highly reliable wireless connectivity built for the company’s industrial marine terminal environments, while enhancing security, providing greater scalability, and building a foundation for future digital innovations.

    Nokia is the leading global vendor of private wireless solutions to enterprises, with 850 customers in asset-intensive industries such as mining, manufacturing, and ports.

    Hugh Gallagher, Director of IT Services at Carrix, said: “Nokia DAC has greatly improved our network security, performance, and reliability while also simplifying the maintenance and support needed to sustain technical operations effectively. Simply put, the reliability provided by Nokia DAC has enhanced our efficiency and advanced our technology initiatives.”

    Harsha Bhat, Head of Enterprise Campus Edge Global Accounts at Nokia, said: “The marine terminals industry faces complex challenges to improving connectivity and security in asset-intensive industries. Nokia Edge Compute and AI platform for industrial sites provides private wireless connectivity as a digital foundation to quickly introduce new use cases and applications, driving innovation and collaboration in the port while ensuring data sovereignty and security.”

    Multimedia, technical information and related news
    Web Page: Port terminal operations | Nokia DAC
    Product Page: DAC private wireless | Nokia DAC

    About Nokia
    At Nokia, we create technology that helps the world act together. 

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation.

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

    About Carrix
    Carrix and its subsidiary SSA Marine are among the world’s leading independent, privately held marine terminal operators, with activities at more than 250 terminal facilities and rail yards in the U.S., Canada, Mexico, Central America, South America, and Asia. Its subsidiary, Tideworks Technology, offers innovative technology solutions for the transportation industry. Founded in 1949, Carrix has continuously expanded its global footprint while always prioritizing customer interests, and now employs more than 20,000 people worldwide.

    Media inquiries
    Nokia Press Office
    Email: Press.Services@nokia.com

    Follow Nokia on social media
    LinkedIn X Instagram Facebook YouTube

    The MIL Network –

    March 3, 2025
  • MIL-OSI: ING to repurchase shares for employee compensation

    Source: GlobeNewswire (MIL-OSI)

    ING to repurchase shares for employee compensation

    ING announced today the start of a share repurchase programme under which it plans to repurchase ordinary shares of ING Groep N.V., for a maximum total amount of €70 million. The purpose of the share repurchase programme is to meet obligations under ING’s share-based compensation plans.

    The share repurchase will commence on 3 March 2025 and is expected to end no later than 7 March 2025.

    The ECB has approved the repurchase, which will be executed in compliance with the Market Abuse Regulation and within the limitations of the existing authority to acquire a maximum of 20% of the issued shares as granted by the general meeting of shareholders on 22 April 2024.

    More information on our share buyback programmes can be found on the Investor Relations section of the ING website: https://www.ing.com/Investor-relations/Share-information/Share-buyback-programme.htm.

    Note for editors

    For further information on ING, please visit www.ing.com. Frequent news updates can be found in the Newsroom or via the @ING_news X feed. Photos of ING operations, buildings and its executives are available for download at Flickr.

    Press enquiries   Investor enquiries
    Christoph Linke   ING Group Investor Relations
    +31 20 576 5000   +31 20 576 6396
    Christoph.Linke@ing.com   Investor.Relations@ing.com

    ING PROFILE

    ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank. The purpose of ING Bank is: empowering people to stay a step ahead in life and in business. ING Bank’s more than 60,000 employees offer retail and wholesale banking services to customers in over 100 countries.

    ING Group shares are listed on the exchanges of Amsterdam (INGA NA, INGA.AS), Brussels and on the New York Stock Exchange (ADRs: ING US, ING.N).

    ING aims to put sustainability at the heart of what we do. Our policies and actions are assessed by independent research and ratings providers, which give updates on them annually. ING’s ESG rating by MSCI was reconfirmed by MSCI as ‘AA’ in August 2024 for the fifth year. As of December 2023, in Sustainalytics’ view, ING’s management of ESG material risk is ‘Strong’. Our current ESG Risk Rating, is 17.2 (Low Risk). ING Group shares are also included in major sustainability and ESG index products of leading providers. Here are some examples: Euronext, STOXX, Morningstar and FTSE Russell. Society is transitioning to a low-carbon economy. So are our clients, and so is ING. We finance a lot of sustainable activities, but we still finance more that’s not. Follow our progress on ing.com/climate.

    IMPORTANT LEGAL INFORMATION

    Elements of this press release contain or may contain information about ING Groep N.V. and/ or ING Bank N.V. within the meaning of Article 7(1) to (4) of EU Regulation No 596/2014 (‘Market Abuse Regulation’).

    ING Group’s annual accounts are prepared in accordance with International Financial Reporting Standards as adopted by the European Union (‘IFRS- EU’). In preparing the financial information in this document, except as described otherwise, the same accounting principles are applied as in the 2023 ING Group consolidated annual accounts. The Financial statements for 2024 are in progress and may be subject to adjustments from subsequent events. All figures in this document are unaudited. Small differences are possible in the tables due to rounding.

    Certain of the statements contained herein are not historical facts, including, without limitation, certain statements made of future expectations and other forward-looking statements that are based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Actual results, performance or events may differ materially from those in such statements due to a number of factors, including, without limitation: (1) changes in general economic conditions and customer behaviour, in particular economic conditions in ING’s core markets, including changes affecting currency exchange rates and the regional and global economic impact of the invasion of Russia into Ukraine and related international response measures (2) changes affecting interest rate levels (3) any default of a major market participant and related market disruption (4) changes in performance of financial markets, including in Europe and developing markets

    (5) fiscal uncertainty in Europe and the United States (6) discontinuation of or changes in ‘benchmark’ indices (7) inflation and deflation in our principal markets (8) changes in conditions in the credit and capital markets generally, including changes in borrower and counterparty creditworthiness (9) failures of banks falling under the scope of state compensation schemes (10) non- compliance with or changes in laws and regulations, including those concerning financial services, financial economic crimes and tax laws, and the interpretation and application thereof (11) geopolitical risks, political instabilities and policies and actions of governmental and regulatory authorities, including in connection with the invasion of Russia into Ukraine and the related international response measures (12) legal and regulatory risks in certain countries with less developed legal and regulatory frameworks (13) prudential supervision and regulations, including in relation to stress tests and regulatory restrictions on dividends and distributions (also among members of the group) (14) ING’s ability to meet minimum capital and other prudential regulatory requirements (15) changes in regulation of US commodities and derivatives businesses of ING and its customers (16) application of bank recovery and resolution regimes, including write down and conversion powers in relation to our securities (17) outcome of current and future litigation, enforcement proceedings, investigations or other regulatory actions, including claims by customers or stakeholders who feel misled or treated unfairly, and other conduct issues (18) changes in tax laws and regulations and risks of non-compliance or investigation in connection with tax laws, including FATCA (19) operational and IT risks, such as system disruptions or failures, breaches of security, cyber-attacks, human error, changes in operational practices or inadequate controls including in respect of third parties with which we do business and including any risks as a result of incomplete, inaccurate, or otherwise flawed outputs from the algorithms and data sets utilized in artificial intelligence (20) risks and challenges related to cybercrime including the effects of cyberattacks and changes in legislation and regulation related to cybersecurity and data privacy, including such risks and challenges as a consequence of the use of emerging technologies, such as advanced forms of artificial intelligence and quantum computing (21) changes in general competitive factors, including ability to increase or maintain market share (22) inability to protect our intellectual property and infringement claims by third parties (23) inability of counterparties to meet financial obligations or ability to enforce rights against such counterparties (24) changes in credit ratings (25) business, operational, regulatory, reputation, transition and other risks and challenges in connection with climate change and ESG-related matters, including data gathering and reporting (26) inability to attract and retain key personnel (27) future liabilities under defined benefit retirement plans (28) failure to manage business risks, including in connection with use of models, use of derivatives, or maintaining appropriate policies and guidelines (29) changes in capital and credit markets, including interbank funding, as well as customer deposits, which provide the liquidity and capital required to fund our operations, and (30) the other risks and uncertainties detailed in the most recent annual report of ING Groep N.V. (including the Risk Factors contained therein) and ING’s more recent disclosures, including press releases, which are available on www.ING.com.

    This document may contain ESG-related material that has been prepared by ING on the basis of publicly available information, internally developed data and other third-party sources believed to be reliable. ING has not sought to independently verify information obtained from public and third-party sources and makes no representations or warranties as to accuracy, completeness, reasonableness or reliability of such information.

    Materiality, as used in the context of ESG, is distinct from, and should not be confused with, such term as defined in the Market Abuse Regulation or as defined for Securities and Exchange Commission (‘SEC’) reporting purposes. Any issues identified as material for purposes of ESG in this document are therefore not necessarily material as defined in the Market Abuse Regulation or for SEC reporting purposes. In addition, there is currently no single, globally recognized set of accepted definitions in assessing whether activities are “green” or “sustainable.” Without limiting any of the statements contained herein, we make no representation or warranty as to whether any of our securities constitutes a green or sustainable security or conforms to present or future investor expectations or objectives for green or sustainable investing. For information on characteristics of a security, use of proceeds, a description of applicable project(s) and/or any other relevant information, please reference the offering documents for such security.

    This document may contain inactive textual addresses to internet websites operated by us and third parties. Reference to such websites is made for information purposes only, and information found at such websites is not incorporated by reference into this document. ING does not make any representation or warranty with respect to the accuracy or completeness of, or take any responsibility for, any information found at any websites operated by third parties. ING specifically disclaims any liability with respect to any information found at websites operated by third parties. ING cannot guarantee that websites operated by third parties remain available following the publication of this document, or that any information found at such websites will not change following the filing of this document. Many of those factors are beyond ING’s control.

    Any forward-looking statements made by or on behalf of ING speak only as of the date they are made, and ING assumes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information or for any other reason.

    This document does not constitute an offer to sell, or a solicitation of an offer to purchase, any securities in the United States or any other jurisdiction.

    Attachment

    • ING to repurchase shares for employee compensation

    The MIL Network –

    March 3, 2025
  • MIL-OSI: Boost Mobile becomes first mobile operator in world to deploy Nokia cloud-native 5G Voice Core on Public Cloud to accelerate new 5G services #MWC25

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    Boost Mobile becomes first mobile operator in world to deploy Nokia cloud-native 5G Voice Core on Public Cloud to accelerate new 5G services #MWC25

    • Boost Mobile utilizes Nokia’s fully cloud-native 5G Voice Core to enable faster deployment of new 5G services, enhanced network automation, and more efficient cloud utilization.

    3 March 2025
    Espoo, Finland – Boost Mobile, the newest U.S. nationwide carrier, has deployed Nokia’s fully cloud-native 5G Voice Core to enable even faster delivery of advanced services, enhanced network automation, and more efficient cloud utilization than its Open RAN cloud-native network could before.

    The deployment includes the consolidation of several IMS voice 3GPP functionalities into a single cloud-native network function (CNF), called Nokia Cloud Native Communication Suite (CNCS). This migration, from Boost Mobile’s previous distributed IMS voice core by Nokia, provides automated deployment and configuration, reduced infrastructure and carbon footprint, and lower operational costs through streamlined life cycle management.

    “We anticipate Nokia’s 5G Voice Core to help reduce our network infrastructure costs by about 70 percent in addition to delivering new 5G services faster, with significantly streamlined network operations,” said Dawood Shahdad, Vice President of Core Engineering at Boost Mobile. “Boost Mobile continues to push boundaries with our Open RAN 5G network and the successful nationwide deployment of Nokia’s cloud-native next-generation voice core marks a pivotal moment in our network evolution, as this new network element advances our vision of end-to-end orchestration and dynamic scaling on our path toward 6G.”

    CNCS improves energy efficiency by about 10 percent to 20 percent, relative to a standard IMS Voice Core, according to Nokia data.

    “As the sole 5G Voice Core provider for Boost Mobile in the US, Nokia is extremely pleased to support Boost in this modernization project and the close partnering that enabled it. This is another demonstration of Nokia’s technology leadership in helping our customers solve problems, address their customer needs, and generate new revenue streams,” said Marcelo Madruga, Head of Technology and Platforms, Products & Engineering, Cloud and Network Services at Nokia.

    Nokia had the most 5G Standalone Core operator customers, with 123 in total, at the end of 2024.

    About Nokia 
    At Nokia, we create technology that helps the world act together. 

    As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs, which is celebrating 100 years of innovation. 

    With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future. 

    About Boost Mobile
    Boost Mobile offers the best value in wireless with simple, flexible and transparent plans starting at $25/mo. for unlimited 5G. Boost Mobile’s nationwide cloud-native O-RAN 5G network delivers lightning-fast speeds, reliability, and coverage on the latest 5G devices. Customers enjoy no annual service contracts and the freedom to upgrade their devices anytime without a trade-in. Experience Boost Mobile’s risk-free 30-day money-back guarantee and learn more about our services on Facebook, Instagram and YouTube. Boost Mobile is the nation’s newest nationwide mobile carrier in the U.S. and a brand under EchoStar Corporation (NASDAQ: SATS).

    Media inquiries 
    Nokia Press Office 
    Email: Press.Services@nokia.com  

    Follow us on social media 
    LinkedIn X Instagram Facebook YouTube 

    The MIL Network –

    March 3, 2025
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