NewzIntel.com

Category: Europe

  • MIL-OSI Economics: BaFin warns consumers about the series of platforms with the slogan “Trading made simple.”

    Source: Bundesanstalt für Finanzdienstleistungsaufsicht – In English

    BaFin warns customers about online trading platforms that use the slogan “Trading made simple. No complications, full effectivity.” According to information available to BaFin, cryptoasset and other financial services are being provided on these websites without the required authorisation. These websites all have the same text design and layout.

    BaFin specifically warns consumers about the following websites that are part of the series, use the same slogan and are largely identical. These websites provide no information about the location of any registered office.

    • Radiantix.io (and radiantixx.io)
    • Yuminex.io
    • Ecofix.io

    Anyone providing financial, investment or cryptoasset services in Germany may do so only with authorisation from BaFin. However, some companies offer these services without the necessary authorisation. Information on whether particular companies have been authorised by BaFin can be found in BaFin’s database of companies.

    BaFin is issuing this information on the basis of section 37 (4) of the German Banking Act (Kreditwesengesetz – KWG) and section 10 (7) of the German Cryptomarkets Supervision Act (Kryptomaerkteaufsichtsgesetz).

    Please be aware:

    BaFin, the German Federal Criminal Police Office (Bundeskriminalamt – BKA) and the German state criminal police offices (Landeskriminalämter) recommend that consumers seeking to invest money online should exercise the utmost caution and do the necessary research beforehand in order to identify fraud attempts at an early stage.

    MIL OSI Economics –

  • MIL-OSI NGOs: Whether Biden Or Trump, US’ Latin American Policy Will Be Contemptible

    Source: Council on Hemispheric Affairs –

    By John Perry and Roger D. Harris

    Migration, Drugs, and Tariffs.

    With Donald Trump as the new US president, pundits are speculating about how US policy towards Latin America might change.

    In this article, we look at some of the speculation, then address three specific instances of how the US’s policy priorities may be viewed from a progressive, Latin American perspective. This leads us to a wider argument: that the way these issues are dealt with is symptomatic of Washington’s paramount objective of sustaining the US’s hegemonic position. In this overriding preoccupation, its policy towards Latin America is only one element, of course, but always of significance because the US hegemon still treats the region as its “backyard.”

    First, some examples of what the pundits are saying. In Foreign Affairs, Brian Winter argues that Trump’s return signals a shift away from Biden’s neglect of the region. “The reason is straightforward,” he says. “Trump’s top domestic priorities of cracking down on unauthorized immigration, stopping the smuggling of fentanyl and other illicit drugs, and reducing the influx of Chinese goods into the United States all depend heavily on policy toward Latin America.”

    Ryan Berg, who is with the thinktank, Center for Strategic and International Studies, funded by the US defense industry, is also hopeful. Trump will “focus U.S. policy more intently on the Western Hemisphere,” he argues, “and in so doing, also shore up its own security and prosperity at home.”

    According to blogger James Bosworth, Biden’s “benign neglect” could be replaced by an “aggressive Monroe Doctrine – deportations, tariff wars, militaristic security policies, demands of fealty towards the US, and a rejection of China.” However, notwithstanding the attention of Trump’s Secretary of State, Marco Rubio, Bosworth thinks there is still a good chance of policy lapsing into benign neglect as the new administration focuses elsewhere.

    The wrong end of the telescope

    What these and similar analyses share is a concern with problems of importance to the US, including domestic ones, and how they might be tackled by shifts in policy towards Latin America. They view the region from the end of a US-mounted telescope.

    Trump’s approach may be the more brazen “America first!,” but the basic stance is much the same as these pundits. The different scenarios will be worked out in Washington, with Latin America’s future seen as shaped by how it handles US policy changes over which it has little influence. Analyses by these supposed experts are constrained by their adopting the same one-dimensional perspective as Washington’s, instead of questioning it.

    Here’s one example. The word “neglect” is superficial because it hides the immense involvement of the US in Latin America even when it is “neglecting” it: from deep commercial ties to a massive military presence. It is also superficial because, in a real sense, the US constantly neglects the problems that concern most Latin Americans: low wages, inequality, being safe in the streets, the damaging effects of climate change, and many more. “Neglect” would be seen very differently on the streets of a Latin American city than it is inside the Washington beltway.

    Who has the “drug problem”?

    The vacuum in US thinking is nowhere more apparent than in responses to the drug problem. Trump threatens to declare Mexican drug cartels to be terrorist organizations and to invade Mexico to attack them.

    But, as academic Carlos Pérez-Ricart told El Pais: “This is a problem that does not originate in Mexico. The source, the demand, and the vectors are not Mexican. It is them.” Mexican President Claudia Sheinbaum also points out that it is consumption in the US that drives drug production and trafficking in Mexico.

    Trump could easily make the same mistake as his predecessor Clinton did two decades ago. Back then, billions were poured into “Plan Colombia” but still failed to solve the “drug problem,” while vastly augmenting violence and human rights violations in the target country.

    A foretaste of what might happen, if Trump carries out his threat, occurred last July, when Biden’s administration captured Ismael “El Mayo” Zambada. That caused an all-out war between cartels in the Mexican state of Sinaloa.

    Sheinbaum rightly turns questions about drug production and consumption back onto the US. Rhetorically, she asks: “Do you believe that fentanyl is not manufactured in the United States?…. Where are the drug cartels in the United States that distribute fentanyl in US cities? Where does the money from the sale of that fentanyl go in the United States?”

    If Trump launches a war on cartels, he will not be the first US president to the treat drug consumption as a foreign issue rather than a concomitantly domestic one.

    Where does the “migration problem” originate?

    Trump is also not the first president to be obsessed by migration. Like drugs, it is seen as a problem to be solved by the countries where the migrants originate, while both the “push” and “pull” factors under US control receive less attention.

    Exploitation of migrant labor, complex asylum procedures, and schemes such as “humanitarian parole” to encourage migration are downplayed as reasons. Biden intensified US sanctions on various Latin American countries, which have been shown conclusively to provoke massive emigration. Meanwhile Trump threatens to do the same.

    Many Latin American countries have been made unsafe by crime linked to drugs or other problems in which the US is implicated. About 392,000 Mexicans were displaced as a result of conflict in 2023 alone, their problem aggravated by the massive, often illegal, export of firearms from the US to Mexico.

    Costa Rica, historically a safe country, had a record 880 homicides in 2023, many of which were related to drug trafficking. In Brazil and other countries, US-trained security forces contribute directly to the violence, rather than reducing it.

    Mass deportations from the US, promised by Trump, could worsen these problems, as happened in El Salvador in the late 1990s. They would also affect remittances sent home by migrant workers, exacerbating regional poverty. The threatened use of tariffs on exports to the US could also have serious consequences if Latin America does not stand up to Trump’s threats. Economist Michael Hudson argues that countries will have to jointly retaliate by refusing to pay dollar-based debts to bond holders if export earnings from the US are summarily cut.

    China in the US “backyard”

    Trump also joins the Washington consensus in its preoccupation with China’s influence in Latin America. Monica de Bolle is with the Peterson Institute for International Economics, a thinktank partly funded by Pentagon contractors. She told the BBC: “You have got the backyard of America engaging directly with China. That’s going to be problematic.”

    Recently retired US Southern Command general, Laura Richardson, was probably the most senior frequent visitor on Washington’s behalf to Latin American capitals, during the Biden administration. She accused China of “playing the ‘long game’ with its development of dual-use sites and facilities throughout the region, “adding that those sites could serve as “points of future multi-domain access for the PLA [People’s Liberation Army] and strategic naval chokepoints.”

    As Foreign Affairs points out, Latin America’s trade with China has “exploded” from $18 billion in 2002 to $480 billion in 2023. China is also investing in huge infrastructure projects, and seemingly its only political condition is a preference for a country to recognize China diplomatically (not Taiwan). Even here, China is not absolute as with Guatemala, Haiti, and Paraguay, which still recognize Taiwan. China still has direct investments in those holdouts, though relatively more modest than with regional countries that fully embrace its one-China policy.

    Peru, currently a close US ally, has a new, Chinese-funded megaport at Chancay, opened in November by President Xi Jinping himself. Even right-wing Argentinian president Milei said of China, “They do not demand anything [in return].”

    What does the US offer instead? While Antony Blinken proudly displayed old railcars that were gifted to Peru, the reality is that most US “aid” to Latin America is either aimed at “promoting democracy” (i.e. Washington’s political agenda) or is conditional or exploitative in other ways.

    The BBC cites “seasoned observers” who believe that Washington is paying the price for “years of indifference” towards the region’s needs. Where the US sees a loss of strategic influence to China and to a lesser extent to Russia, Iran, and others, Latin American countries see opportunities for development and economic progress.

    Remember the Monroe Doctrine

    Those calling for a more “benign” policy are forgetting that, in the two centuries since President James Monroe announced the “doctrine,” later given his name, US policy towards Latin America has been aggressively self-interested.

    Its troops have intervened thousands of times in the region and have occupied its countries on numerous occasions. Just since World War II, there have been around 50 significant interventions or coup attempts, beginning with Guatemala in 1954. The US has 76 military bases across the region, while other major powers like China and Russia have none.

    The doctrine is very much alive. In Foreign Affairs, Brian Winter warns: “Many Republicans perceive these linkages [with China], and the growing Chinese presence in Latin America more broadly, as unacceptable violations of the Monroe Doctrine, the 201-year-old edict that the Western Hemisphere should be free of interference from outside powers.”

    Bosworth adds that Trump wants Latin America to decisively choose a side in the US vs China scrimmage, not merely underplay the role of China in the hemisphere. Any country courting Trump, he suggests, “needs to show some anti-China vibes.”

    Will Freeman is with the Council on Foreign Relations, whose major sponsors are also Pentagon contractors. He thinks that a new Monroe Doctrine and what he calls Trump’s “hardball” diplomacy may partially work, but only with northern Latin America countries, which are more dependent on US trade and other links.

    Trump has two imperatives: while one is stifling China’s influence (e.g. by taking possession of the Panama Canal), another is gaining control of mineral resources (a reason for his wanting to acquire Greenland). The desire for mineral resources is not new, either. General Richardson gave an interview in 2023 to another defense-industry-funded thinktank in which she strongly insinuated that Latin American minerals rightly belong to the US.

    Maintaining hegemonic power against the threat of multipolarity

    Neoconservative Charles Krauthammer, writing 20 years ago for yet another thinktank funded by the  defense industry, openly endorsed the US’s status as the dominant hegemonic power and decried multilateralism, at least when not in US interests. “Multipolarity, yes, when there is no alternative,” he said. “But not when there is. Not when we have the unique imbalance of power that we enjoy today.”

    Norwegian commentator Glen Diesen, writing in 2024, contends that the US is still fighting a battle – although perhaps now a losing one – against multipolarity and to retain its predominant status. Trump’s “America first!” is merely a more blatant expression of sentiments held by his other presidential predecessors for clinging on to Washington’s contested hegemony.

    The irony of Biden’s presidency was that his pursuit of the Ukraine war has led to warmer relations between his two rivals, Russia and China. In this context, the growth of BRICS has been fostered – an explicitly multipolar, non-hegemonic partnership. As Glen Diesen says, “The war intensified the global decoupling from the West.”

    Other steps to maintain US hegemony – its support for Israel’s genocide in Gaza, the regime-change operation in Syria and the breakdown of order in Haiti – suggest that, in Washington’s view, according to Diesen, “chaos is the only alternative to US global dominance.” Time and again, Yankee “beneficence” has meant ruination, not development.

    These have further strengthened desires in the global south for alternatives to US dominance, not least in Latin America. Many of its countries (especially those vulnerable to tightening US sanctions) now want to follow the alternative of BRICS.

    Unsurprisingly, Trump has been highly critical of this perceived erosion of hegemonic power on Biden’s watch. Thomas Fazi argues in UnHerd that this is realism on Trump’s part; he knows the Ukraine war cannot be conclusively won, and that China’s power is difficult to contain. Accordingly, this is leading to a “recalibrating of US priorities toward a more manageable ‘continental’ strategy — a new Monroe Doctrine — aimed at reasserting full hegemony over what it deems to be its natural sphere of influence, the Americas and the northern Atlantic,” stretching from Greenland and the Arctic to Tierra del Fuego and Antarctica.

    The pundits may not agree on quite what Trump’s approach towards Latin America will be, but they concur with Winter’s judgment that the region “is about to become a priority for US foreign policy.” His appointment of Marco Rubio is a signal of this. The new secretary of state is a hawk, just like Blinken, but one with a dangerous focus on Latin America.

    However, the mere fact that such pundits hark back to the Monroe Doctrine indicates that this is only, so to speak, old wine in new bottles. Even in the recent past, an aggressive application of the 201-year-old Monroe Doctrine has never seen a hiatus.

    Recall US-backed coups that deposed Honduran President Manuel Zelaya (2009) and Bolivian Evo Morales (2019), plus the failed coup against Daniel Ortega in Nicaragua (2018), along with the parliamentary coup that ousted Paraguayan Fernando Lugo (2012). To these, US-backed regime change by “lawfare” included Dilma Rousseff in Brazil (2016) and Pedro Castillo in Peru (2023). Currently presidential elections have simply been suspended in Haiti and Peru with US backing.

    Even if Trump is more blatant than his predecessors in making clear that his policymaking is based entirely on what he perceives to be US interests, rather than those of Latin Americans, this is not new.

    As commentator Caitlin Johnstone points out, the main difference between Trump and his predecessors is that he “makes the US empire much more transparent and unhidden.” From the other end of the political spectrum, a former John McCain adviser echoes the same assessment: “there will likely be far more continuity between the two administrations than meets the eye.”

    Regardless, Latin America will continue to struggle to set its own destiny, patchily and with setbacks, and this will likely draw it away from the hegemon, whatever the US does.

    Nicaragua-based John Perry is with the Nicaragua Solidarity Coalition and writes for the London Review of Books, FAIR, and CovertAction.

    Roger D. Harris is with the Task Force on the Americas, the US Peace Council, and the Venezuela Solidarity Network

    Featured image courtesy of Cornell University/Wikimedia Commons

    First published by Popular Resistance: https://popularresistance.org/whether-biden-or-trump-us-latin-american-policy-will-still-be-contemptible/

    MIL OSI NGO –

  • MIL-OSI United Kingdom: MHRA asks for views on proposed guidance to support the safe regulation of new personalised cancer therapies  

    Source: United Kingdom – Executive Government & Departments

    The draft MHRA guidance aims to clarify and streamline pathways for bringing these therapies through to patients, without compromising on robust safety principles

    The Medicines and Healthcare products Regulatory Agency (MHRA) has today launched a consultation on regulatory guidance for individualised mRNA cancer immunotherapies (colloquially referred to as cancer vaccines). This is an important step in bringing these promising therapies closer to clinical practice.

    The eight-week consultation was launched today and will run until 31 March 2025. The MHRA is asking all stakeholders, including developers of these medicines, to provide comments, after which the guidance will be updated. The UK regulator also welcomes comments from members of the public including people affected by cancer. 

    The guidance aims to streamline pathways for bringing these therapies through to patients, without compromising on robust safety principles.

    Julian Beach, MHRA Executive Director of Healthcare Quality and Access said:

    “Individualised cancer immunotherapies, while still being tested in clinical trials, are a very exciting development in our hunt to find new and better ways to treat cancer, which is a leading cause of death worldwide.

    “Because these treatments are tailored to an individual’s tumour, they pose unique scientific questions on how they should be regulated.”

    June Raine, MHRA Chief Executive said:

    “As an enabling regulator, we do not wish to keep patients waiting unnecessarily for important new medicines such as personalised immunotherapies.

    “We are asking all stakeholders to comment on draft guidance that addresses the questions this new regulatory pathway raises.”

    Minister for Public Health, Andrew Gwynne, said:

    “More people than ever are being diagnosed with cancer so it’s vital that we push the boundaries of science to develop the treatments of the future.

    “Personalised immunotherapies could revolutionise our approach by helping patients fight cancer cells in their bodies.

    “As government ramps up the use of groundbreaking technologies and medicines across the board, this guidance will be fundamental to achieving our goal of moving from sickness to prevention. And it is yet another example of Britain leading the way on cancer research, transforming cancer care to save lives and support the NHS.”

    Individualised mRNA cancer immunotherapies are a new type of cancer treatment that use mRNA technology.  mRNA acts as a messenger in the body and tells cells how to make a specific protein. When used in medicines, specific mRNA molecules can teach the body how to fight diseases.  

    Unlike conventional cancer therapies, for these medicines each patient receives a version of the mRNA therapy that has been matched to their unique tumour fingerprint using artificial intelligence (AI). In this way, the therapy aims to teach the patient’s immune system to target and destroy their specific tumour cells. 

    These highly innovative therapies are currently in clinical trials. They pose unique questions on how they should be safely regulated.  With this guidance, the MHRA aims to facilitate patient access to these novel individualised cancer therapies by outlining a clear and streamlined regulatory pathway to approval.

    The guidance covers product design and manufacture, evidence needed show safety and effectiveness, and post-approval safety monitoring. The MHRA aims to expand the guidance in due course to cover other types of highly personalised therapies, including for rare diseases. 

    This guidance has been developed with independent scientific advice from the Highly Personalised Medicines Expert Working Group of the Commission on Human Medicines, including patient experts.

    Notes to editors

    1. The Medicines and Healthcare products Regulatory Agency (MHRA) is responsible for regulating all medicines and medical devices in the UK by ensuring they work and are acceptably safe.  All our work is underpinned by robust and fact-based judgements to ensure that the benefits justify any risks. 
    2. The MHRA is an executive agency of the Department of Health and Social Care. 
    3. For media enquiries, please contact the newscentre@mhra.gov.uk, or call on 020 3080 7651.

    Updates to this page

    Published 3 February 2025

    MIL OSI United Kingdom –

  • MIL-OSI Russia: Polytechnic students reach semi-finals of XI All-Russian engineering competition

    Translartion. Region: Russians Fedetion –

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

    The selection round of the XI All-Russian Engineering Competition has ended. Experts evaluated over 12,000 projects and scientific research. 751 graduates from universities across the country, including SPbPU, reached the semi-finals. The All-Russian Engineering Competition is an annual intellectual competition that has been held since 2014. The organizer is the Ministry of Science and Higher Education of the Russian Federation. The operator of the competition is the National Research Nuclear University MEPhI.

    The objectives of the competition are to develop the human resources potential of high-tech industries, to attract young people to solve promising production, technical, and economic problems of strategic importance for the development of Russian industry, and to improve the quality of engineering education by creating tools for interaction between engineering educational organizations and high-tech enterprises in the real sector of the economy.

    Peter the Great St. Petersburg Polytechnic University will be represented in the semi-final of VIK 24/25 by 11 students, including 5 master’s students from the Advanced Engineering School of SPbPU “Digital Engineering”:

    Alena Aquentieva, student of the Higher Engineering and Economic School of IPMEIT SPBPU. The theme of the project “Financial pyramids, modern methods of fraud: analysis and measures to reduce them”, the direction of the competition “Countering technogenic, biogenic, sociocultural threats, terrorism and extremist ideology, destructive foreign information and psychological impact, as well as cyberosis and other danger to society , economics and state ”;
    Anna Gaina, student of the Higher School of Management of Cyber-Physical Systems of the ICNK SPBPU. The theme of the project “Universal system of temperature control of laser radiation parameters during hardening steel”, the direction of the competition “Intellectual transport, energy and telecommunication systems”;
    Iona Gesin, student of the advanced engineering school of SPBPU “Digital Engineering”. The theme of the project “Study of the behavior of through cracks in elastic-high bodies”, the direction of the contest “Advanced digital technologies for designing and creating high-tech products”;
    Natalia Grozova, student of the advanced engineering school of SPBPU “Digital Engineering”. The theme of the project “Development of radiation -resistant polymer composite materials to protect solar elements”, the direction of the competition “New materials, chemical compounds and design methods;
    Ilya Ermilov, student of the advanced engineering school of St. Petersburg State University “Digital Engineering”. The theme of the project “Development of a virtual test stand for validation of the model of compositional material under the action of centrifugal force”, the direction of the contest “Advanced digital technologies for designing and creating high -tech products”;
    Ekaterina Isupova, student of the Higher School of Applied Physics and Space Technologies IEIT SPBPU. The theme of the project “Universal temperature control system for high -precision measurements in frequency standards”, the direction of the competition “Advanced digital design and creation of high -tech products”;
    Julia Kolesnikova, student of the Higher Engineering and Economic School of IPMEIT SPBPU. The theme of the project “Using new technologies for illegal purposes”, the direction of the competition “Combating technogenic, biogenic, sociocultural threats, terrorism and extremist ideology, destructive foreign information and psychological impact, as well as cyberosis and other danger to society, economy and state”;
    Nikita Piskun, a student of the advanced engineering school of St. Petersburg State University “Digital Engineering”. The theme of the project “Synthesis of non -linear models of reduced order based on the method of final elements in the tasks of rotary dynamics”, the direction of the contest “Advanced digital design technologies and the creation of high -tech products”;
    Elena Porfiryeva, student of the Higher School of Management of Cyber-Physical Systems of the ICNK SPBPU. The theme of the project “A new non -invasive method for determining the coefficients in ESCCO technology for the reliable diagnosis of the patient’s heart release in real time”, the direction of the “High -tech healthcare contest and health technology, including the rational use of drugs (primarily antibacterial) and the use of genetic data and technologies” ;
    Yana Sprygina, student of the advanced engineering school of SPBPU “Digital Engineering”. The theme of the project “Development and training of a prototype of the language model to adapt the requirements in the machine-readable IDS format (Information Delivery Specification)”, the direction of the “Tim-modeling in construction” contest;
    Lina Sycheva, student of the Higher School of Management of Cyber-Physical Systems of the ICNK SPBPU. The theme of the project “Automatic management system of a special climatic camera”, the direction of the contest “Advanced digital technologies for designing and creating high -tech products”.

    The development of modern protective coatings for solar cells used in the space industry is an important problem in the field of materials science. Glass coatings currently used have significant drawbacks. A promising direction is the use of polymer and composite materials that are highly flexible, low density and have excellent optical characteristics. The key challenge remains increasing the resistance of such materials to radiation, which requires the creation of fundamentally new composite materials. This is the task that was set during the project. Thanks to the equipment laboratories “Polymer composite materials”, as well as the competencies of the project curator, research fellow of the laboratory “Modeling of technological processes and design of power equipment” of the SPbPU PISh “Digital Engineering” Elizaveta Bobrynina, I managed to develop and test the technology for obtaining optically transparent composite materials based on thermoplastic polyurethane and glass flakes to protect solar cells, – shared 2nd year master’s student of the SPbPU PISh Natalia Grozova.

    I submitted a project for the All-Russian engineering competition, “Development of a virtual test bench for validation of a composite material model under centrifugal force”, prepared in the interests of the industrial partner of the SPbPU PIS “Digital Engineering”, CentroTech-Engineering LLC, under the supervision of the curator, associate professor of the Higher School of Advanced Digital Technologies of the SPbPU PIS Ilya Keresten and scientific consultant, engineer of the power engineering department of the SPbPU PIS “Digital Engineering” Daria Ozhgibesova. The goal of the work is to create a VIS for conducting virtual tests, which will allow obtaining a degradation curve of the mechanical properties of the material based on experimental data of structurally similar samples. The result of the work is necessary to obtain a highly accurate digital model of the material required for the calculation justification of the design elements of high-speed rotor systems, and the modeling technique will reduce the number of tests of prototypes of new design solutions, said Ilya Ermilov, a second-year master’s student at the Digital Engineering School.

    On February 1, an extensive business program started for the participants: in-person events for the semi-finalists will be organized together with the competition’s partner employers, including career consultations, trainings and master classes aimed at developing professional skills, as well as effective planning of work on engineering projects. The semi-final will include a “Job Auction” – a competition in which participants will be able to compete for the best offers from leading employers.

    The final of the competition will be held in the format of defending final and scientific qualification works before state examination (expert) commissions headed by the top officials of high-tech corporations. Based on the results of the defenses, the winners and prize-winners of VIK 24/25 will be determined.

    The best participants will be able to receive exclusive job offers, cash prizes from Rosatom State Corporation, a trip to the cosmodrome from Roscosmos State Corporation and advantages when entering the next level of education. Winners and prize winners will be included in the state information resource about individuals who have demonstrated outstanding abilities of the Talent and Success educational foundation.

    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 –

  • MIL-OSI Canada: The Co-Chairs of the International Coalition for the Return of Ukrainian Children mark the first anniversary of its launch in Kyiv

    Source: Government of Canada News

    One year ago today, Ukraine and Canada launched the International Coalition for the Return of Ukrainian Children and held its first plenary meeting in Kyiv. Since then, 41 States as well as the Council of Europe have joined the Coalition in a collective commitment to bring Ukrainian children home.

    MIL OSI Canada News –

  • MIL-OSI Canada: G7 Foreign Ministers’ statement on the escalation of violence in the eastern Democratic Republic of the Congo

    Source: Government of Canada News

    We, the G7 Foreign Ministers of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States of America and the High Representative of the European Union, strongly condemn the Rwanda-backed M23 offensive in the eastern Democratic Republic of the Congo, and in particular, the capture of Minova, Saké and Goma.

    MIL OSI Canada News –

  • MIL-OSI Europe: National day for civilian victims of wars and conflicts around the world

    Source: Government of Italy (English)

    1 Febbraio 2025

    The Presidency of the Council of Ministers will mark Italy’s national day for civilian victims of wars and conflicts around the world by lighting up Palazzo Chigi’s façade in blue, from the evening of Saturday 1 February 2025 until dawn on Sunday 2 February.

    MIL OSI Europe News –

  • MIL-OSI Europe: Written question – Transposition of Directive (EU) 2024/1711 – E-000316/2025

    Source: European Parliament

    Question for written answer  E-000316/2025
    to the Commission
    Rule 144
    Nicolás González Casares (S&D)

    The deadline for the transposition of a large part of Directive (EU) 2024/1711 amending Directives (EU) 2018/2001 and (EU) 2019/944 as regards improving the Union’s electricity market design expired on 17 January 2025. This Directive, which was drawn up in response to the energy price crisis and agreed a year ago, includes measures to achieve more stable electricity prices and provide consumers with greater transparency, agency and protection. An example of this is protection against disconnection from the electricity supply for vulnerable people or those subject to energy poverty.

    With this in mind, I would like to ask:

    • 1.Can the Commission report on the degree of transposition?
    • 2.Is the Commission evaluating measures to expedite matters in the event of problems with the transposition into national law? If so, what are these measures?
    • 3.Does the Commission intend to put in place additional measures to help transpose this directive through the announced Citizens Energy Package?

    Submitted: 24.1.2025

    Last updated: 3 February 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Written question – Economic competitiveness, EU monetary support programmes for companies/sectors, EU regulation and economic theory – E-000323/2025

    Source: European Parliament

    Question for written answer  E-000323/2025
    to the Commission
    Rule 144
    Rada Laykova (ESN)

    The initial semesters of economics courses already provide considerable insight into why constant subsidies undermine the competitiveness of any business or sector in the medium and long run. In addition, a large set of regulatory requirements, especially if they are subject to constant changes and there is no end in sight, also undermine the competitive strength of companies or whole sectors for obvious reasons: encumbrance and uncertainty. The past approach has been to offset this with more financial aid programmes with fancy names, creating even more dependence on state and/or EU subsidies. This, of course, increases the power of the EU and makes companies dependent on the influx of EU money, further exacerbating the aforementioned competition aspect in relation to monetary aid. The Draghi report and constant plenary discussions and Commission letters have highlighted the severe problems surrounding the EU’s economic competitiveness.

    • 1.For what economic (not legal) reason has the Commission decided on this approach of mixing strong regulation and ever-increasing financial aid, even though it strongly contradicts basic economic theory with regard to competitiveness?
    • 2.In the case of some of the proposals contained in the Draghi report, would the Commission deviate from its approach and regard less regulatory or financial interference by the EU as beneficial for competitiveness?

    Submitted: 24.1.2025

    Last updated: 3 February 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Written question – Legal basis for identification and registration of all dogs and cats – P-000282/2025

    Source: European Parliament

    Priority question for written answer  P-000282/2025
    to the Commission
    Rule 144
    Michal Wiezik (Renew), Dario Nardella (S&D), Tilly Metz (Verts/ALE)

    Parliament has previously called for the identification and registration of all cats and dogs, most recently in its resolution of 12 February 2020 on protecting the EU’s internal market and consumer rights against the negative implications of the illegal trade in companion animals[1].

    Considering that there is substantial trade in such animals, making it foreseeable that any individual animal may at any point be sold or transferred within Member States and across borders, this measure is also necessary to eliminate existing and future barriers to trade and attain harmonisation of the internal market.

    Article 118(2)(c) of the Animal Health Law[2] already provides a legal basis for the mandatory identification and registration of all dogs and cats. The proposal for a regulation on the welfare of dogs and cats and their traceability[3] is, like the Animal Health Law, based on Articles 43 and 114 (but unlike the Animal Health Law, not on Article 168) of the Treaty on the Functioning of the European Union (TFEU).

    Can the Commission clarify whether Article 114 TFEU provides a legal basis for the mandatory EU-wide identification and registration of all dogs and cats?

    Submitted: 22.1.2025

    • [1] OJ C 294, 23.7.2021, p. 40.
    • [2] Regulation (EU) 2016/429 of the European Parliament and of the Council of 9 March 2016 on transmissible animal diseases and amending and repealing certain acts in the area of animal health (‘Animal Health Law’) (OJ L 84, 31.3.2016, p. 1, ELI: http://data.europa.eu/eli/reg/2016/429/oj).
    • [3] Commission proposal of 7 December 2023 for a regulation of the European Parliament and of the Council on the welfare of dogs and cats and their traceability (COM(2023)0769).
    Last updated: 3 February 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Written question – European Insurance and Occupational Pensions Authority – lack of transparency in reports – E-000322/2025

    Source: European Parliament

    Question for written answer  E-000322/2025
    to the Commission
    Rule 144
    Rada Laykova (ESN)

    In July 2024 the Joint Board of Appeal of the European Supervisory Authorities allowed an appeal by the insurance company NOVIS in relation to access to documents held by the European Insurance and Occupational Pensions Authority (EIOPA) (BoA-D-2024-05).

    EIOPA released a ‘sanitised’ version of a single document with over 70 % of the text redacted (EIOPA-BoS-22-293, recommendation to Národná banka Slovenska on actions necessary to comply with Directive 2009/138/EC).

    EIOPA’s behaviour in this and other cases (e.g. Euroins Romania) is not in line with EU Treaty commitments that ‘decisions are taken as openly as possible’.

    Recognising that transparency is key to building confidence in institutions, will the Commission:

    • 1.arrange for non-redacted versions of this document to be made available to MEPs?
    • 2.commit to examining how EIOPA’s repeated lack of transparency, as demonstrated in this and other cases, can be addressed?

    Submitted: 24.1.2025

    Last updated: 3 February 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Written question – Ensuring housing as a fundamental right – P-000269/2025

    Source: European Parliament

    Priority question for written answer  P-000269/2025
    to the Commission
    Rule 144
    Hanna Gedin (The Left)

    In December 2024, Parliament decided to set up a special committee on the housing crisis in the EU. Even though we had hoped for a stronger focus on the tenant’s perspective and rights, we welcome such a committee. Every effort to ensure people’s right to good living conditions in affordable homes is imperative, and the EU institutions play a crucial role going forward. According to the International Union of Tenants, one third of European citizens live in rental housing. But rents are unaffordable, and energy costs in poorly insulated homes have soared. The housing market is not for the many, even though a home is recognised as a fundamental right. The financialisation of all housing markets has consequently transferred housing policy from governments to profit-oriented corporate finance, and short-term rentals are extracting existing housing from the regular housing market, at the expense of residents.

    In light of the above:

    • 1.What steps will the Commission take to revise EU state aid rules and to regard housing policy as a national competence?
    • 2.Will the Commission work towards an EU transparency register on real estate transactions?
    • 3.What measures will the Commission take towards regulating short-term rentals?

    Submitted: 22.1.2025

    Last updated: 3 February 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Written question – Crisis in the Transnistria region – P-000312/2025

    Source: European Parliament

    Priority question for written answer  P-000312/2025
    to the Commission
    Rule 144
    Liudas Mažylis (PPE)

    The self-declared region of Transnistria was cut off from its gas supply in January 2025. Russian gas is no longer reaching the region following Ukraine’s suspension of Russian gas supplies through its territory. Transnistria, which has a population of 465 000, has been plunged into an energy, economic and potentially humanitarian crisis. Naturally, Russia’s propaganda is attributing the ‘guilt’ for this to Ukraine and the EU.

    In the light of the foregoing:

    • 1.Does the Commission have measures in place to deal with this particular crisis in early 2025?
    • 2.Is there a systematic plan to fortify the democratic process in Moldova, in view of Russia’s hybrid attacks and the critical elections in summer 2025?
    • 3.What steps does the Commission envisage to integrate Transnistria into Moldova’s pro-European path, or has the Commission abandoned the region to Russia’s influence and ‘tutelage’?

    Submitted: 24.1.2025

    Last updated: 3 February 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Written question – Mitigating the risks posed by AI-generated accounts on social media – P-000304/2025

    Source: European Parliament

    Priority question for written answer  P-000304/2025
    to the Commission
    Rule 144
    Dan-Ştefan Motreanu (PPE)

    Some social media platforms have announced plans to introduce AI-generated accounts to their networks. This raises concerns about the potential proliferation of automated accounts programmed to behave like real users. These accounts could post, share content and interact with others on the basis of pre-designed scripts, making it difficult to distinguish between genuine human activity and artificial interactions.

    The risks associated with such developments are significant. Ill-intentioned actors could exploit these platforms to manipulate public opinion and dominate online discussions, particularly during sensitive times, such as during election campaigns. This could undermine democratic processes and trust in digital spaces.

    A possible solution would involve requiring users to verify their accounts using official identification or digital identities. This system would enhance accountability, ensuring that those who break the law can face legal consequences. It could also reduce the misuse of anonymous accounts for malicious purposes, while maintaining the rights of legitimate users operating under their verified identities.

    Does the Commission intend to propose measures to address the risks posed by anonymous and AI-generated accounts by introducing ‘ID verified’ account systems to enhance accountability?

    Submitted: 23.1.2025

    Last updated: 3 February 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Highlights – Special Committee on the Housing Crisis in the EU (HOUS) constituted – Special committee on the Housing Crisis in the European Union

    Source: European Parliament

    The European Parliament established a Special Committee on the Housing Crisis in the European Union on 18 December 2024. The committee’s primary objective is to propose solutions for decent, sustainable, and affordable housing for all European citizens. The Special Committee comprises 33 Members and will operate with a 12-month mandate.

    The constitutive meeting was held on 30 January 2025 in Brussels, where HOUS Members elected Ms Irene Tinagli (S&D, Italy) as Chair. The following Members were elected as Vice-Chairs, forming the Bureau:

    First Vice-Chair: Mr Dirk Gotink (EPP, Netherlands)
    Second Vice-Chair: Mr Vicent Marzà Ibáñez (Greens, Spain)
    Third Vice-Chair: Mr Ciaran Mullooly (Renew, Ireland)
    Fourth Vice-Chair: Ms Regina Doherty (EPP, Ireland)

    For more information about the committee’s media activities, please the media centre.

    MIL OSI Europe News –

  • MIL-OSI Economics: progcm.io: BaFin warns against website

    Source: Bundesanstalt für Finanzdienstleistungsaufsicht – In English

    The website operator claims to be based in London, United Kingdom, and only goes by the name GCMpro. According to BaFin’s findings, the operator was also responsible in the past for the now inactive website progcm.com.

    BaFin issued a warning about the completely identical website gcmpro.org as early as 12 November 2020. In addition, BaFin has recently become aware of other websites with almost identical content, which it has also issued warnings about. In all cases, the presentation on the websites begins with the following sentence: ‘Step Up Your Trading with [name of operator]’.

    Anyone offering financial or investment services or crypto-asset services in Germany requires a licence from BaFin. However, some companies offer such services without the required licence. You can find information on whether a particular company is authorised by BaFin in the company database.

    The information provided by BaFin is based on Section 37 (4) of the German Banking Act (KWG) and Section 10 (7) of the German Crypto Markets Supervision Act (KMAG).

    Please be aware:

    BaFin, the German Federal Criminal Police Office (Bundeskriminalamt – BKA) and the German state criminal police offices (Landeskriminalämter) recommend that consumers seeking to invest money online should exercise the utmost caution and do the necessary research beforehand in order to identify fraud attempts at an early stage.

    MIL OSI Economics –

  • MIL-OSI Economics: finance-ig.com: BaFin investigates website operator

    Source: Bundesanstalt für Finanzdienstleistungsaufsicht – In English

    The Federal Financial Supervisory Authority (BaFin) is warning against the website finance-ig.com. According to the supervisory authority, financial and investment services as well as crypto-asset services are offered there without authorisation.

    The website operator provides alleged business addresses in Rotherham, United Kingdom, and Toronto, Canada. He claims to be registered in Canada. The identical website financeig.proxy56.com can also be found on the internet. The content, structure and wording of both websites largely correspond to the website fintechmarket-consulting.com, which BaFin warned against as early as 6 November 2023.

    Anyone offering banking transactions or financial and investment services or crypto-value services in Germany requires the permission of BaFin. However, some companies offer such services without having the necessary permission. Information on whether a particular company is authorised by BaFin can be found in the company database.

    The information provided by BaFin is based on Section 37 (4) of the German Banking Act (KWG) and Section 10 (7) of the German Crypto Markets Supervision Act (KWAG).’

    Please be aware:

    BaFin, the German Federal Criminal Police Office (Bundeskriminalamt – BKA) and the German state criminal police offices (Landeskriminalämter) recommend that consumers seeking to invest money online should exercise the utmost caution and do the necessary research beforehand in order to identify fraud attempts at an early stage.

    MIL OSI Economics –

  • MIL-OSI Europe: VATICAN/ANGELUS – Pope Francis on the day of the Presentation of the Lord: “In Jesus dwells all the fullness of God”

    Source: Agenzia Fides – MIL OSI

    Sunday, 2 February 2025

    Vatican Media

    Vatican City (Agenzia Fides) – “This always leaves us astounded: universal salvation concentrated in just one! Yes, because in Jesus dwells the fullness of God, of His Love”, said Pope Francis during the Sunday Angelus prayer with the pilgrims and believers gathered in St. Peter’s Square on the Feast of the Presentation of the Lord.Commenting on the Sunday Gospel, which tells of the meeting of the Holy Family with Simeon and Anna in the Temple of Jerusalem, the Pope noted how the “moving voices” of the two old people “resound among the ancient stones of the Temple, announcing the fulfilment of Israel’s expectations. Truly God is present in the midst of His people: not because He dwells within the four walls, but because He lives as a man among men. And this is the novelty of Jesus”.In this context, the Bishop of Rome referred to the three words with which Simeon describes Jesus: He is “salvation”, “light” and “a sign of contradiction”.But above all, Jesus is salvation, “the salvation of the world is concentrated in everyone”, “because in Jesus dwells the fullness of God”. Jesus is also the light, because he “will redeem it from the darkness of evil, pain and death. How much we need light, this light, even today!”.And then Jesus is “a sign of contradiction. Jesus reveals the criterion for judging the whole of history and its drama, and also the life of each one of us”, namely love.After the blessing, the Pope recalled the “Day for Life” that the Italian Church is celebrating today: “I join with the Italian bishops in expressing gratitude to the many families who eagerly welcome the gift of life and in encouraging young couples not to be afraid of bringing children into the world”.And speaking of the primary value of human life, the Pontiff reiterated the ‘no’ to war, which destroys, it destroys everything, it destroys life and induces us to disregard it”. In this Jubilee Year, he renewed his appeal “especially to Christian governors, to do their utmost in the negotiations to bring all the ongoing conflicts to an end. Let us pray for peace in tormented Ukraine, in Palestine, Israel, Lebanon, Myanmar, Sudan and North Kivu.” (F.B.) (Agenzia Fides, 2/2/2025)
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    MIL OSI Europe News –

  • MIL-OSI Russia: Polytechnic University’s AI Seminars Are Trending on the Information Agenda

    Translartion. Region: Russians Fedetion –

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

    Another seminar on artificial intelligence was held at the Saint Petersburg Polytechnic University.

    Opening the meeting, SPbPU Vice-Rector for Research Yuri Fomin reminded the participants of the resonance in the global community caused by the neural network of the Chinese company DeepSeek.

    This reaction to artificial intelligence technologies once again confirms that they are trending today. And this adds new colors to our seminars, which we organized to talk about the research that is being conducted in our laboratories as popularly as possible. Because we, of course, will be active participants and authors of new technological solutions, – noted Yuri Vladimirovich.

    The fourth Polytechnic University seminar on AI attracted the attention of not only the university audience, but also external participants — representatives of the university’s industrial partners. The report of the Vice-Rector for Digital Transformation, Head of the Advanced Engineering School of SPbPU “Digital Engineering” Alexey Borovkov and Senior Researcher of the Engineering Center “Computer Engineering Center” of the SPbPU PISh Alexey Novokshenov on the topic “Artificial Intelligence in Industry on the CML-Bench® Digital Platform. Experience of Applying AI/ML in High-Tech Industry Tasks” was listened to with great interest. The scientists spoke about the digital platform for the development and application of CML-Bench® digital twins and the successful implementation of projects in the interests of the high-tech industry.

    According to Alexey Borovkov, the digital twin market is one of the fastest growing, and today it is being integrated by the largest market for artificial intelligence technologies. In addition, he noted that the CML-Bench® digital platform received a certificate of compliance with the software security requirements of the Federal Service for Technical and Export Control (FSTEC of Russia) at the sixth level of trust at the end of 2024.

    Today, our country faces an important task – achieving technological leadership, and domestic technologies, especially advanced digital and production technologies, play an important role here. Also, we should not forget about digital standardization. In 2022, the National Standard “Computer Models and Simulation. DIGITAL DOUBLES OF PRODUCTS. General Provisions” came into effect, which was developed by specialists of the NTI Center “New Production Technologies” of SPbPU together with specialists of the Federal State Unitary Enterprise “RFNC-VNIIEF” and with the participation of 25 more high-tech organizations and industry institutes. And whoever creates the standards dictates the rules, – Alexey Ivanovich emphasized and then spoke in detail about some developments using digital engineering for the fuel and energy complex and the aviation industry.

    During the discussion of the report, the seminar participants also identified a number of problems: lack of funds for testing; difficulties in introducing new developments into production; insufficient preparation of applicants entering engineering specialties.

    Alexey Gintsyak, head of the Digital Modeling of Industrial Systems laboratory of the Advanced Engineering School Digital Engineering, spoke about the study of approaches to creating intelligent multi-agent systems for predictive and prescriptive analytics in industry. The laboratory is part of the Scientific and Educational Center and the Association Artificial Intelligence in Industry and conducts a range of studies on forecasting and optimizing the activities of industrial enterprises. The report presented the results of fundamental projects carried out within the framework of a state assignment and with the support of the Russian Science Foundation, as well as the results of applied projects in various industries and economics: mechanical engineering, metallurgy, transport, and the oil and gas industry. In conclusion, the head of the laboratory shared plans for the further development of current research areas.

    Summing up the results of the seminar, Vice-Rector for Research Yuri Fomin suggested inviting speakers from other scientific organizations and universities to the seminars, and also announced the next meeting, which will be held on February 12 in the Kapitsa Hall of the Technopolis Polytech Research Building at 2 p.m.

    Photo archive

    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 –

  • MIL-OSI: Udbytter i Investeringsforeningen Nordea Invest for 2024

    Source: GlobeNewswire (MIL-OSI)

    Bestyrelsen i Investeringsforeningen Nordea Invest vil indstille nedenstående udbytter for afdelinger i Investeringsforeningen Nordea Invest til godkendelse på foreningens ordinære generalforsamling den 7. april 2025.

    Udbytterne fragår kursen den 4. februar 2025 og udbetales den 6. februar 2025.

    Hvis en afdeling ikke fremgår af listen, skyldes det, at der ikke udbetales udbytte.

    Afdeling ISIN Udbytte i kr. i alt pr. andel Aconto udbytte i kr. pr. andel Udbytte i kr. pr. andel til udbetaling den 6. februar 2025
    Aktier Ansvarlig KL 1 DK0061116027 8,8 0,0 8,8
    Aktier KL 1 DK0010250158 17,8 0,0 17,8
    Aktier II KL 1 DK0015357065 59,5 0,0 59,5
    Basis 2 KL 1 DK0016195944 5,4 0,0 5,4
    Basis 3 KL 1 DK0016196082 9,5 0,0 9,5
    Basis 4 KL 1 DK0060075893 9,0 0,0 9,0
    Danmark KL 1 DK0010265859 12,6 0,0 12,6
    Danske aktier fokus KL 1 DK0060012466 15,9 0,0 15,9
    Emerging Markets Enhanced KL 1 DK0060950111 1,8 0,0 1,8
    Emerging Markets KL 1 DK0010308170 6,1 0,0 6,1
    Europe Enhanced KL 1 DK0060949964 6,7 0,0 6,7
    European Small Cap Stars KL 1 DK0015960983 8,2 0,0 8,2
    European Stars KL 1 DK0010265693 8,3 0,0 8,3
    Global Enhanced KL 1 DK0060949881 8,1 0,0 8,1
    Global Small Cap Enhanced KL 1 DK0061112893 14,5 0,0 14,5
    Global Small Cap KL 1 DK0016050974 3,7 0,0 3,7
    Global Stars KL 1 DK0010301324 14,7 0,0 14,7
    Globale Aktier Indeks KL 1 DK0060451623 14,5 0,0 14,5
    Globale obligationer KL 1 DK0010170398 2,25 0,0 2,25
    Globale UdbytteAktier KL 1 DK0010265503 19,1 0,0 19,1
    HøjrenteLande KL 1 DK0016254899 2,0 0,0 2,0
    Japan Enhanced KL 1 DK0060950038 2,5 0,0 2,5
    Klima og Miljø KL 1 DK0060192185 11,0 0,0 11,0
    Korte obligationer Lagerbeskattet KL 1 DK0060014678 2,0 0,0 2,0
    Korte obligationer KL 1 DK0060268506 1,2 1,2 0,0
    Mellemlange obligationer KL 1 DK0015168686 1,4 1,4 0,0
    Nordic Small Cap KL 1 DK0015974695 33,6 0,0 33,6
    Nordic Stars KL 1 DK0060095735 3,5 0,0 3,5
    North America Enhanced KL 1 DK0060831451 19,3 0,0 19,3
    North American Stars KL 1 DK0010265776 4,0 0,0 4,0
    Obligationer Ansvarlig KL 1 DK0061139748 1,5 0,0 1,5
    Stabil Balanceret KL 1 DK0060014595 2,0 0,0 2,0
    Stabile Aktier KL 1 DK0060048304 8,7 0,0 8,7
    Virksomhedsobligationer Højrente KL1 DK0016067432 2,5 0,0 2,5

    Med venlig hilsen
    Nordea Fund Management, filial af Nordea Funds Oy, Finland

    Rasmus Eske Bruun
    Filialbestyrer

    The MIL Network –

  • MIL-OSI United Kingdom: £16 million for new projects to boost UK benefits of satellite constellations

    Source: United Kingdom – Executive Government & Departments

    Two innovative projects are awarded a share of £16 million from the UK Space Agency today (3 February) to position the UK at the forefront of the latest advancements in satellite communications.

    EnSilica chip. Credit: EnSilica

    The funding will enable UK industry to capture a greater portion of the satellite mega-constellation market by developing technology that improves their efficiency and capability. It comes from the UK Space Agency’s Connectivity in Low Earth Orbit (C-LEO) programme, which will invest up to £160 million in UK expertise in this area over the next four years.

    Satellite constellations are enhancing global connectivity by providing high-speed internet access to remote and underserved areas, bridging the digital divide. These constellations are set to transform markets in maritime and aviation connectivity, changing how people communicate as they live and work in some of the remotest places on Earth.

    Telecoms Minister Sir Chris Bryant said:  

    The UK has all the cutting edge expertise and technology to spearhead the latest advancements in satellite communications and become a leader in this high-tech industry.

    These Government backed projects will not only provide significant advancements in mobile communication, but help to bridge the digital divide, connecting communities in the most hard-to-reach areas.

    Companies benefitting from this round of funding include Oxfordshire’s EnSilica plc, which will receive £10 million to develop novel silicon chips and software for a user terminal.  This will be compatible with UK and European constellations like OneWeb Next Generation. 

    In Cardiff, Excelerate Technology Ltd will receive £6 million to develop the small and flexible Mobility and Autonomy Market User Terminal (MAMUT) which will allow users to choose the operator and orbit via an app, reducing costs and enhancing global configurability.    

    The UK has a growing space sector, with a rich heritage in satellite design and the operation of large constellations. This new government funding is crucial to maintaining the UK’s competitive edge during a period of rapid change and growth in the global space sector.  

    In 2023, a new record was achieved with the successful launch of more than 2,900 satellites into space. The majority of these satellites are part of commercial constellations, which are expected to expand rapidly. A further 18,000 satellites are likely to be launched between 2021 and 2031, with mega-constellations comprising 75% of this total.  

    This is a significant opportunity for UK industry to secure high-value contracts within the global supply chain for satellite constellations, and to assume a leading role in the long-term growth of the satellite communication sector.  

    The UK is also a founding member of the European Space Agency (ESA) and hosts the European Centre for Space Applications and Telecommunications (ECSAT) in the Harwell Space Cluster. The C-LEO programme awards funding through two different routes. The projects announced today are grants awarded directly by the UK Space Agency, with further contracts from ESA set to follow in the coming months.  

    The announcement was made ahead of the UK Space Agency’s Ignite Space Conference, to be held this week at the National Space Centre in Leicester. This event highlights opportunities for small and medium-sized enterprises (SMEs) to connect with new customers, collaborators, and investors within the UK’s space industry and its supply chain.

    Updates to this page

    Published 3 February 2025

    MIL OSI United Kingdom –

  • MIL-OSI Europe: AFRICA/DJIBOUTI – Sister Anna on her work in the mission in Djibouti

    Source: Agenzia Fides – MIL OSI

    Ali Sabieh (Agenzia Fides) – “I like to see how the Lord works in people; it is He who called me to be a missionary, in the mission among non-Christians, and I am here to give hope,” says Consolata Missionary Sister Anna Bacchion, born in 1944, who works in Djibouti in a mission opened by her congregation in 2004.Sister Anna has been involved in the mission in Djibouti since its foundation. On the eve of the World Day of Consecrated Life (which will be celebrated on Sunday 2 February), the nun tells Fides about the richness of a life among non-Christians.”There is a sentence from the Gospel of John that has always impressed me: ‘For God so loved the world that he gave his only Son, so that everyone who believes in him might not perish but might have eternal life (John 3:16-17)’”, explains the nun, who works primarily in schools and in helping the disabled. “This means,” adds Sister Anna, “that God loves all people, Muslims, Jews, every ethnicity and religion… To love everyone, everywhere. We missionaries are called to ‘infect’ with our testimony. We do not speak of Jesus, but Jesus is in their midst.” Sister Anna Bacchion joined the Consolata Missionary Sisters in 1969 and came to Libya in 1976, where she worked with severely disabled children for seven years. She returned to Italy to serve her congregation for a while until she returned to Djibouti in 2004, a country on the border between Ethiopia and Somalia with a Muslim majority.“In my two experiences, first in Libya and then in Djibouti,” says Sister Anna Bacchion, “I always saw the seed of Jesus among the people I met. In Libya, I met mothers who worked in schools and who, despite their many children and their precarious economic situation, opened the doors of their homes during school holidays to other children who attended school but lived far away from their families. In Djibouti, I saw the generosity and open hearts of the local people, and I still remember how the Prefect of Djibouti took to heart a mother and a little girl with a genetic disease that had the same consequences as leprosy, whom I had brought to him to ask him to take care of them.”The “Read, write, count” (LEC) program educates children without papers or children who, for various reasons, have not been able to attend school, while the “École pour tous” school project opens its doors to disabled children who were previously placed in institutions. Sister Anna has seen these two educational initiatives grow and flourish. “It is fundamental that the child has the awareness that he can do great things. For these children, we have always tried to do our best. Thanks to the Church’s commitment in this area, this type of project has now also been extended to the state level,” she reports.Today, five Consolata missionaries work in Djibouti. Three of them, including Sister Anna, are in Ali Sabieh, about 100 km from the capital, where the mission was originally founded. “The place He sends me to is my family,” summarizes Sister Anna. “The disabled children I have been caring for since the first mission in Libya are my children. Their suffering is my suffering, their joy is my joy.” (EG) (Agenzia Fides, 1/2/2025)
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  • MIL-OSI Europe: ASIA/LAOS – Farewell to Father Titus Banchong: “It was Jesus who was interested in me, not me in him”

    Source: Agenzia Fides – MIL OSI

    by Paolo AffatatoVientiane (Agenzia Fides) – “I am ready for Jesus and will be his martyr if I am worthy and if he wants me. I now believe that the time is very close,” wrote the Laotian priest Titus Banchong Thopanhong, shortly before he was arrested by the security forces of the “Pathet Lao” in 1976.Titus Banchong Thopanhong, Apostolic Administrator of Luang Prabang from 1999 to 2019, died in Vientiane on January 25 at the age of 78. He succumbed to a long illness, also due to the hardships he had suffered for 50 years. Father Titus was a member of the Congregation of the Oblates of Mary Immaculate (OMI) and was imprisoned for seven years. During his entire imprisonment, nothing was heard from him. Many thought he had been killed. Instead, he was released and was able to resume his life as a simple pastor for the small Catholic community in Laos, which today numbers about 60,000 Catholics.Titus is the name given to Banchong Topagnong at the age of 8 when he was baptized with his family in the Hmong village of Kiukiatan in northern Laos, where he was born in 1947. In this village, from 1957 to 1958, he was one of the altar boys of Father Mario Borzaga, the missionary who was to be beatified in 2016. “Titus still retains a precious memory of this priest who profoundly marked his life,” recalls his confrere Fabio Ciardi, who had a deep human and spiritual friendship with Father Titus. With the missionaries, young Titus had the opportunity to deepen his journey of faith: during these years, between 1958 and 1969, he attended Seminaries first in Vientiane and then in Luang Prabang. Father Angelo Pelis, also an OMI missionary who was then director of the Seminary in Luang Prabang, remembers him as a “simple, reserved, gentle and smiling boy”. “The character trait that was to mark him throughout his life was humility: a humility modeled on Jesus Christ,” says Father Pelis. Young Titus decided to continue his formation with the Oblates in Italy and in 1970 Monsignor Alessandro Staccioli (OMI), then Apostolic Vicar of Luang Prabang, sent him to study in Italy, where he studied philosophy and theology first in San Giorgio Canavese and then, from 1973, in Vermicino (near Rome).Father Titus writes in one of the letters collected in the book “Even in prison I can love”, edited by Michele Zanzucchi: “I was still uncertain about my vocation, but little by little I felt in my heart the desire to follow Jesus in a radical way, that is, to follow the Lord who seemed to want me to love him. It was he who was interested in me, not I in him. He had taken me little by little and made me understand that in him I would always find the true meaning of my life.” While he was in Italy, his country experienced a change of regime, with the communist resistance fighters of the “Pathet Lao” taking power and in 1975 all missionaries were expelled from the country.Father Titus felt a strong desire to return to his homeland and to be a priest for the people of Laos, a desire to be a witness for Christ there and not elsewhere. This is what drives Father Titus to return to Laos. “I have chosen the Church of Laos and I feel that God wants me there and not anywhere else,” he writes. “Even if I am a priest for just one day, I will return to Laos.” And he continues: “I have decided to return to Laos because there is no one there for the apostolate. I am returning so that we can all be stronger, I am returning to help the faithful. When I returned, I chose God alone; it is He who makes me return and that is why I am returning.” He was ordained a priest in the Cathedral of Vientiane on 28 September 1975 by the then Bishop of Vientiane, Thomas Nantha, the first of the Hmong ethnic group. The next day he wrote: “I am no longer afraid because I belong to the Lord. I am ready for anything. I am very happy. No one can separate me from Him. Every day I discover more and more that He is with me. I have Him… He asks me for everything, I give Him everything.”He began a strictly controlled pastoral ministry, with the threat of arrest, first in Luang Prabang, then in Vientiane, and finally in Paksane. He travels through the villages on his motorbike, visits people and administers the sacraments to Catholic families. Although he never used critical words against those in power, Father Titus was imprisoned three times and “learned to find even in the cruelest hardships the tenderness of God’s love”, Pelis recalls his imprisonment: “You could say that the other prisoners in prison were all converted, they became good. With love you can also break the bonds of hatred.” After his release from prison he did not complain: “I was released,” he writes. “After they released me, I was able to visit all the Christians in the province of Siam and I found them. Many who had been there for over 30 years no longer had priests,” he said.After being appointed “Apostolic Administrator” of Luang Prabang, the old capital, he lived the life of a missionary, dedicating himself with zeal and charity to serving his people. In 2005, with joy and enthusiasm, he told Fides that in the Vicariate of Luang Prabang he had received permission to open the first Catholic church in northern Laos since the painful times of 1975, after the communist revolution. And he said he was “very edified by the faith and devotion of the local families”. In his pastoral work he went “step by step, we go as far as the Lord allows us”. This hope was realized when he saw the first new vocations to the priesthood blossom in the small Laotian community and when he participated in the beatification liturgy in 2016 of 17 Laotian missionaries and lay people killed by communist resistance fighters between 1954 and 1970. Among the six Oblates of Mary Immaculate (OMI) beatified was the young Italian missionary Mario Borzaga, who died in 1960 at the age of 27 along with the local catechist Paul Thoj Xyooj. Titus had taken them close to his heart. (Agenzia Fides, 1/2/2025)
    Share:

    MIL OSI Europe News –

  • MIL-OSI: BAWAG Group: Acquisition of Barclays Consumer Bank Europe successfully completed

    Source: GlobeNewswire (MIL-OSI)

    VIENNA, Austria – February 3, 2025 – Following the receipt of regulatory approvals as announced on 9th of January, BAWAG Group today announces the successful acquisition of the Hamburg-based Barclays Consumer Bank Europe from Barclays Bank Ireland PLC. BAWAG Group will work with the current leadership team to continue growing its Retail business in Germany and the broader DACH/NL region.

    During a transitional period, the business will continue to operate under the Barclays brand, with rebranding expected to be unveiled in 2026. At present, there are no changes for customers: both the products and their associated terms and conditions remain unaffected following the completion of the transaction.

    BAWAG Group will report FY 2024 results on March 4, 2025 and will host an Investor Day on the same day.

    About Barclays Consumer Bank Europe

    Barclays Consumer Bank Europe has been operating successfully in Germany for more than 30 years and is one of the leading providers of credit cards with a genuine credit function. The company’s other business areas include consumer loans, installment purchase financing via the online retailer Amazon and overnight money accounts. Further information can be found at www.barclays.de.

    About BAWAG Group

    BAWAG Group AG is a publicly listed holding company headquartered in Vienna, Austria, serving 2.5 million retail, small business, corporate, real estate and public sector customers across Austria, Germany, Switzerland, Netherlands, Western Europe, and the United States. The Group operates under various brands and across multiple channels offering comprehensive savings, payment, lending, leasing, investment, building society, factoring and insurance products and services. Our goal is to deliver simple, transparent, and affordable financial products and services that our customers need. BAWAG Group’s Investor Relations website https://www.bawaggroup.com/ir contains further information, including financial and other information for investors.

    Forward looking statement

    This release contains “forward-looking statements” regarding the financial condition, results of operations, business plans and future performance of BAWAG Group. Words such as “anticipates,” “believes,” “estimates,” “expects,” “forecasts,” “intends,” “plans,” “projects,” “may,” “will,” “should,” “would,” “could” and other similar expressions are intended to identify these forward-looking statements. These forward-looking statements reflect management’s expectations as of the date hereof and are subject to risks and uncertainties that may cause actual results to differ materially from those projected. These risks and uncertainties include, but are not limited to, economic conditions, the regulatory environment, loan concentrations, vendors, employees, technology, competition, and interest rates. Readers are cautioned not to place undue reliance on the forward-looking statements as actual results may differ materially from the results predicted. Neither BAWAG Group nor any of its affiliates, advisors or representatives shall have any liability whatsoever (in negligence or otherwise) for any loss howsoever arising from any use of this report or its content or otherwise arising in connection with this document. This report does not constitute an offer or invitation to purchase or subscribe for any securities and neither it nor any part of it shall form the basis of or be relied upon in connection with any contract or commitment whatsoever. This statement is included for the express purpose of invoking “safe harbor provisions”.

    Contact:

    Financial Community:
    Jutta Wimmer (Head of Investor Relations)
    Tel: +43 (0) 5 99 05-22474

    IR Hotline: +43 (0) 5 99 05-34444
    E-mail: investor.relations@bawaggroup.com

    Media:
    Manfred Rapolter (Head of Corporate Communications and Social Engagement)
    Tel: +43 (0) 5 99 05-31210
    E-mail: communications@bawaggroup.com

    This text can also be downloaded from our website: https://www.bawaggroup.com

    The MIL Network –

  • MIL-OSI: Ress Life Investments A/S:

    Source: GlobeNewswire (MIL-OSI)

    Ress Life Investments
    Nybrogade 12
    DK-1203 Copenhagen K
    Denmark
    CVR nr. 33593163
    www.resslifeinvestments.com

    To: Nasdaq Copenhagen
    Date: 3 February 2025

    Corporate Announcement 04/2025

    Ress Life Investments A/S will begin publishing daily NAV in EUR.

    Ress Life Investments A/S will on 5 February 2025 begin publishing the Net Asset Value (NAV) per share in EUR on a daily basis.

    The NAV in EUR will be published on the website of Nasdaq Copenhagen under the section AIF Companies and Funds, where the bid and ask prices are already published.

    The daily NAV in EUR will be calculated as the most recently published NAV in USD divided by the European Central Bank’s EUR/USD reference rate on the relevant day.

    NAV in USD will continue to be published twice per month, on the 15th and on the last day of the month through sending corporate announcements via Nasdaq GlobeNewswire.  

    The aim with this improvement is to enable market participants to more easily find the current Net Asset Value in EUR and thus improve transparency.

    Questions related to this announcement can be made to the company’s AIF-manager, Resscapital AB.

    Contact person:
    Gustaf Hagerud
    gustaf.hagerud@resscapital.com
    Tel + 46 8 545 282 27

    Note: The terms for subscription of shares, minimum subscription amount and redemption of shares are provided in the Articles of Association, Information Brochure and in the Key Information Document available on the Company’s website, www.resslifeinvestments.com.

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    The MIL Network –

  • MIL-OSI: The Ecole normale supérieure, AI & Society Institute and Capgemini launch a global Observatory on AI’s environmental impact

    Source: GlobeNewswire (MIL-OSI)

    ENS Press Contact: 
    Lola Melkonian
    lola@buzzdistrict.com / +33 6 09 38 67 84
    Romain Pigenel romain.pigenel@ens.psl.eu

    Capgemini Press Contact:
    Victoire Grux
    Tel.: + 33 6 04 52 16 55
    E-mail: victoire.grux@capgemini.com

    The Ecole normale supérieure, AI & Society Institute and Capgemini launch
    a global Observatory on AI’s environmental impact

    Paris, February 3, 2025 – With the support of Capgemini, the AI and Society Institute, the Ecole normale supérieure (ENS-PLS) and the ENS Foundation have launched an Observatory dedicated to analyzing and mitigating the environmental impacts of Artificial Intelligence (AI) at all stages of its lifecycle (training, adjustment, inference and end-of-life). The new Observatory aims to establish a solid, shared methodology to encourage sustainable AI usage.

    The widespread adoption of AI, especially generative AI, has unlocked significant opportunities across various sectors. However, the growing computational demand for these new uses is leading to an increase of its environmental footprint (in terms of energy and water consumption, as well as carbon footprint), making it necessary to systematically assess their impact and implement measures to mitigate them. A recent research paper from a Capgemini R&D team highlights that large generative AI models consume 4,600 times more energy than traditional models, with AI-related electricity usage potentially increasing 24.4 times in the most extreme scenario by 2030. Mitigating this environmental impact in the coming years will require a coordinated effort from all stakeholders across the AI value chain, cites the publication.1  

    The global Observatory on AI’s environmental impact intends to address these challenges. It will bring together a diverse, multi-stakeholder community of international experts (academia, businesses and civil society), and will help to:

    • Establish a robust, shared methodology for measuring the environmental impact of AI technologies;
    • Create a global, open-access database where AI developers and researchers can contribute with data on the environmental performance of their models, fostering transparency and collaboration between businesses and research circles;
    • Promote sustainable AI practices;
    • Provide strategic analysis and disseminate knowledge;  
    • Bring together key stakeholders.

    “At the ENS-PLS, we firmly believe that research and action must go hand in hand to drive positive change in our societies,” explains Anne Bouverot, Chairwoman of the ENS-PLS Board of Directors.

    “This Observatory is the bridge between the two and is part of our commitment to provide informed solutions to public and private institutions on artificial intelligence and its impact,” adds Marc Mézard, Chairman of the AI and Society Institute.

    “Today, companies are looking for efficiency gains, yet very large AI models not only entail a significant environmental footprint, but also higher costs,” says Etienne Grass, Managing Director of Capgemini Invent France. “To harness the power of this technology responsibly, it is essential to put in place clear and transparent methodologies, and to work with all players in the AI value chain.”

    Capgemini has previously produced several research reports on the implementation of sustainable AI, including a survey of 2,000 senior executives from major companies in 15 countries2 and a research paper that proposes an initial methodology for quickly estimating the environmental impact of a company’s AI-related business portfolio.

    About Ecole normale supérieure
    At the same time a French grande école and a university, the Ecole normale supérieure provides in Paris, at the heart of the Quartier latin, excellent training through research, leading to various teaching and research professions, and contributes to train through research the senior executives of public administrations as well as of French and European companies. The ENS also defines and applies scientific and technological research policies, from a multidisciplinary and international perspective.

    https://www.ens.psl.eu/en

    About the IA & Société Institute
    The Institute for AI and Society, hosted by the École normale supérieure, was co-founded by Université Paris Dauphine, PSL, and the Abeona Foundation. Its mission is to promote the responsible development and use of AI by studying its interactions with society.

    Find out more

    About the ENS Foundation
    Founded in 1986 and recognized as a public-interest organization, the Fondation de l’École normale supérieure is dedicated to supporting teaching and research initiatives while expanding the ENS’s outreach by engaging the generosity of donors and corporate partners.

    Find out more

    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 fuelled by its market leading capabilities in AI, cloud and data, combined with its deep industry expertise and partner ecosystem. The Group reported 2023 global revenues of €22.5 billion.

    Get the Future You Want | www.capgemini.com

    1 “Exploring the sustainable scaling of AI dilemma: A projective study of corporations’ AI environmental impacts”, C. DESROCHES, M. CHAUVIN, L. LADAN, C. VATEAU, S. GOSSET, P. CORDIER, January 2025
    2 Developing sustainable Gen AI report, Capgemini Research Institute, January 2025

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    The MIL Network –

  • MIL-OSI Economics: The turnover from card payments continued to increase in 2024

    Source: Danmarks Nationalbank

    Of the total card turnover in Denmark in 2024, the vast majority, kr. 616 billion, came from transactions made by Danes, while the remaining kr. 45 billion came from transactions made by foreigners. In comparison, Danes reached a card turnover of kr. 158 billion abroad in 2024, which is 16 percent higher than in 2023. 

    Keep track of the daily card turnover

    As a supplement to the quarterly payment statistics, which include information on the total card turnover in Denmark, Danmarks Nationalbank continuously publishes payment statistics based on daily payment card transactions in the card acquiring market in Denmark. The information is collected from six card payment acquirers in Denmark and is therefore not a complete record. This means that there will be differences in the coverage of the two statistics. Despite this, the development in card turnover in Denmark is comparable for the two statistics. In the daily payment statistics, one can already see how card turnover has developed up to and including January 19, 2025.  

    There are particularly large differences between the two reports in the period from the 2nd quarter og 2020 to the 2nd quarter of 2021. Part of the explanation for the differences in this period is the changed consumption and payment patterns during the COVID-19 pandemic.

    MIL OSI Economics –

  • MIL-OSI: Argent LNG Selects Baker Hughes as Technology Provider, Strengthening Project

    Source: GlobeNewswire (MIL-OSI)

    • Baker Hughes to supply liquefaction solutions utilizing NMBL™ module and LM9000 gas turbine
    • Agreement also comprises a multi-year services plan, including iCenter™ digital solutions powered by Cordant™, to support Argent LNG terminal operations
    • Proposed project targets approximately 24 million tonnes per annum (MTPA) of production capacity

    FLORENCE, Italy, Feb. 03, 2025 (GLOBE NEWSWIRE) — Argent LNG LCC (Argent LNG) has selected Baker Hughes (NASDAQ: BKR), an energy technology company, as the liquefaction solution and related services provider for its proposed liquified natural gas (LNG) export facility in Port Fourchon, Louisiana. Baker Hughes will supply cutting-edge liquefaction solutions, power generation equipment, and gas compression systems for the facility, which is set to deliver approximately 24 million tonnes per annum (MTPA) of LNG. The announcement was made during Baker Hughes’ Annual Meeting in Florence.

    The project will incorporate Baker Hughes’ advanced technologies, including its NMBL™ modularized LNG solution powered by the highly efficient LM9000 gas turbine. These modules, pre-fabricated and tested at Baker Hughes’ facilities, will ensure scalable and reliable LNG production to the project and integrate iCenter™ digital solutions powered by Cordant™ to maximize availability, reliability, and operational efficiency. Baker Hughes will also provide power generation units driven by LM9000 gas turbines and provide multi-year services to support Argent LNG terminal operations.

    By leveraging its extensive knowledge and experience in LNG development, Baker Hughes will help optimize project execution, and ensure a streamlined, cost-effective design, allowing Argent LNG to move forward with greater efficiency and financial certainty.

    “Today’s announcement is a further testament to the technology capabilities that we have built over the past 30-plus years in LNG. This collaboration with Argent LNG underscores our commitment to delivering advanced, best-in-class LNG solutions,” said Lorenzo Simonelli, chairman and CEO of Baker Hughes. “As global energy demand continues to grow, we are committed to providing innovative technology solutions to the LNG industry, a key supplier of reliable and affordable energy to many countries around the world.”

    “We chose Baker Hughes because of their proven cutting-edge technology, established LNG market presence, and commitment to innovation — all of which align perfectly with Argent LNG’s vision to provide transformative energy solutions,” said Jonathan Bass, chairman and CEO of Argent LNG. “This collaboration underscores Argent LNG’s commitment to technical excellence, cost-effective execution, and energy security, while also strengthening the project’s bankability by leveraging Baker Hughes’ proven expertise and industry leadership. Today’s announcement demonstrates how innovation and collaboration can drive progress in the LNG industry, helping to secure affordable, sustainable energy for global markets.”

    Phase 1 construction is targeted to begin in 2026, with commercial operations expected by 2030. Phase 2, which aims to expand capacity, is advancing through critical milestones, including resource reporting, securing FERC approvals, formalizing gas supply agreements, and achieving financial close.

    Baker Hughes expects orders in relation to this agreement, as the Argent LNG project progresses and reaches Final Investment Decision, further solidifying its key role in Argent LNG’s long-term success.

    About Baker Hughes
    Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com.

    About Argent LNG
    Argent LNG LLC is a privately held energy company dedicated to developing world-class LNG export solutions to meet the rising global demand for clean, reliable energy. Based in Louisiana, Argent LNG is focused on leveraging cutting-edge technologies and strategic partnerships to deliver cost-effective, sustainable, and efficient energy solutions. The company’s proposed export facility at Port Fourchon is designed to strengthen energy security and economic growth while reinforcing the United States’ leadership in the global LNG market.

    For more information, please contact:

    Media Relations

    Chiara Toniato
    +39 3463823419
    chiara.toniato@bakerhughes.com

    Investor Relations

    Chase Mulvehill
    +1 346-297-2561
    investor.relations@bakerhughes.com

    The MIL Network –

  • MIL-OSI Europe: Average annual inflation for residential property in 2024 was 1.7%

    Source: Switzerland – Department of Home Affairs

    The Swiss Residential Property Price Index (IMPI) rose in the 4th quarter 2024 by 1.8% compared with the previous quarter and reached 120.2 points (4th quarter 2019 = 100). Compared with the same quarter of the previous year, inflation was 2.4%. Average annual inflation for residential property in 2024 was 1.7%. These are some of the results from the Federal Statistical Office (FSO).

    MIL OSI Europe News –

  • MIL-OSI: BexBack Launches Double Deposit Bonus, $50 Welcome Bonus and 100x Leverage Crypto Trading No KYC

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, Feb. 01, 2025 (GLOBE NEWSWIRE) — As the price of Bitcoin surpassed the $100,000 mark and many analysts believe that it will enter a long-term high-volatility market. Holding spot positions may not continue to generate profits in the short term. BexBack Exchange is stepping up its efforts to provide traders with irresistible preferential packages. The platform now offers a 100% deposit bonus, a $50 welcome bonus for new users, and a 100x leverage on cryptocurrency trading, creating unparalleled opportunities for investors.

    What Is 100x Leverage and How Does It Work?

    Simply put, 100x leverage allows you to open larger trading positions with less capital. For example:

    Suppose the Bitcoin price is $100,000 that day, and you open a long contract with 1 BTC. After using 100x leverage, the transaction amount is equivalent to 100 BTC.

    One day later, if the price rises to $105,000, your profit will be (105,000 – 100,000) * 100 BTC / 100,000 = 5 BTC, a yield of up to 500%.

    With BexBack’s deposit bonus

    BexBack offers a 100% deposit bonus. If the initial investment is 2 BTC, the profit will increase to 10 BTC, and the return on investment will double to 1000%.

    Note: Although leveraged trading can magnify profits, you also need to be wary of liquidation risks.

    How Does the 100% Deposit Bonus Work?
    The deposit bonus from BexBack cannot be directly withdrawn but can be used to open larger positions and increase potential profits. Additionally, during significant market fluctuations, the bonus can serve as extra margin, effectively reducing the risk of liquidation.

    About BexBack?

    BexBack is a leading cryptocurrency derivatives platform that offers 100x leverage on BTC, ETH, ADA, SOL, and XRP futures contracts. It is headquartered in Singapore with offices in Hong Kong, Japan, the United States, the United Kingdom, and Argentina. It holds a US MSB (Money Services Business) license and is trusted by more than 200,000 traders worldwide. Accepts users from the United States, Canada, and Europe. There are no deposit fees, and traders can get the most thoughtful service, including 24/7 customer support.

    Why recommend BexBack?

    No KYC Required: Start trading immediately without complex identity verification.

    100% Deposit Bonus: Double your funds, double your profits.

    High-Leverage Trading: Offers up to 100x leverage, maximizing investors’ capital efficiency.

    Demo Account: Comes with 10 BTC in virtual funds, ideal for beginners to practice risk-free trading.

    Comprehensive Trading Options: Feature-rich trading available via Web and mobile applications.

    Convenient Operation: No slippage, no spread, and fast, precise trade execution.

    Global User Support: Enjoy 24/7 customer service, no matter where you are.

    Lucrative Affiliate Rewards: Earn up to 50% commission, perfect for promoters.

    Take Action Now—Don’t Miss Another Opportunity!

    If you missed the previous crypto bull run, this could be your chance. With BexBack’s 100x leverage and 100% deposit bonus and $50 bonus for new users (complete one trade within one week of registration), you can be a winner in the new bull run.

    Sign up on BexBack now, claim your exclusive bonus and start accumulating more BTC today!

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

    Disclaimer: This content is provided by BexBack. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

    Photos accompanying this announcement are available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/ba4465dd-d4e3-4374-8385-806fd259e6e3
    https://www.globenewswire.com/NewsRoom/AttachmentNg/82e163a9-5f5b-4738-9c9e-8085324358fb
    https://www.globenewswire.com/NewsRoom/AttachmentNg/e3872672-3b1c-489b-8492-34196f339656
    https://www.globenewswire.com/NewsRoom/AttachmentNg/941d5ac9-9048-4b49-b919-4b4f5922bbf8

    The MIL Network –