Category: Europe

  • MIL-OSI United Kingdom: Statement to the 109th Session of the Executive Council of the OPCW

    Source: United Kingdom – Executive Government & Departments

    Speech

    Statement to the 109th Session of the Executive Council of the OPCW

    Statement by Director of Defence and International Security, Foreign Commonwealth and Development Office, Mr Stephen Lillie, at the 109th Executive Council of the Organisation for the Prohibition of Chemical Weapons.

    Mr Chair, Director General, Excellencies, Distinguished Delegates,

    The UK welcomes Your Excellency, Ambassador Thomas Schieb as the new Chair of the Executive Council at this critical time. You have our full support.

    Our thanks also to the Director General Fernando Arias for his detailed report.

    Mr Chair,

    Syria has demonstrated its commitment to destroying remaining elements of the Assad regime’s chemical weapons programme; and to holding accountable those responsible. The commitment of the new Syrian Government to achieve this, and it’s support to the Technical Secretariat has been exemplary.

    The UK welcomes the efforts of OPCW staff on the ground and the important progress made during the three recent deployments they have undertaken this year. At last, this Council can look forward to Syria completing the task mandated by the UN Security Council after the horrific sarin attack in 2013, namely the complete destruction of the Assad regime’s chemical weapons programme.

    We must take this opportunity and move at pace to deliver this work in the face of complex practical challenges. Close coordination will be needed between the Technical Secretariat, Syria and supporting States Parties to outline a sensible path and address immediate risks, while ensuring robust OPCW verification.

    Both Syria and the OPCW will each need significant financial and in-kind support to finish the job. On 5 July, whilst in Damascus, my Foreign Secretary announced an additional £2 million of UK support to the OPCW’s Syria missions. This comes in addition to the £837,000 already transferred since December. We urge other states to provide complementary technical, financial and logistical assistance as soon as possible. Concerted international coordination of both financial and in-kind support is essential – we urge the TS and Syria to establish the mechanisms to do this without delay.

    Mr Chair,

    While we take the opportunity to turn the page on a dark period of the widespread use of chemical weapons in Syria this century, we must also redouble our efforts to make sure that all parties to the Chemical Weapons Convention ensure that they do all within their power to uphold the Convention, and to ensure that its central norm against use is re-enforced.

    Today marks the seventh anniversary of the tragic death of Dawn Sturgess. She was killed as a result of Russia’s callous use of the nerve agent novichok in Salisbury.

    While Syria seeks to rid itself of the previous regime’s chemical weapons, Russia continues to use chemical weapons and riot control agents on the battlefield in Ukraine. The statement published last week by the Dutch and German intelligence services in which they warn of the intensifying use of chemicals by Russia on the battlefield is a cause for great concern. This blatant disregard for the Convention is outrageous.

    The British government announced today a second set of sanctions in response to Russia’s use of chemical weapons in Ukraine. The measures designate senior members of Russia’s Radiological, Chemical and Biological Defence Troops; and a Russian entity responsible for supplying RG-Vo riot control agent grenades to the Russian military being used against Ukraine.

    The UK has provided a further £400,000 in extra-budgetary funding to the OPCW Assistance to Ukraine Fund. Since 2022, the UK has contributed over one million euros to this fund. Our support for Ukraine is steadfast. To quote Foreign Secretary David Lammy – “today – and every day – we stand with Ukraine”.

    Mr Chair,

    We are deeply concerned by the US determination that chemical weapons have been used in Sudan. We have noted Sudan’s response to Article IX requests submitted by the delegations of Chad, Mauritania, Benin and Guinea Bissau.  We call on Sudan to follow through on its stated commitment to investigate thoroughly.

    Mr Chair,

    You will manage the process by which we will select the next Director General. DG Arias’ successor will have big shoes to fill. They will need to continue his work to shape the Organisation so it is fit to meet the challenges and opportunities of the 21st century:  including consigning chemical weapons to history, ensuring that there is no re-emergence of a chemical threat and advancing work on emerging technologies. Promoting and ensuring a diverse TS staff, with gender equality at its heart, and strengthening capacity building around the world will be essential priorities.

    Updates to this page

    Published 8 July 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Major boost for Sizewell C nuclear plan as French energy giant EDF confirms investment

    Source: United Kingdom – Executive Government & Departments

    Press release

    Major boost for Sizewell C nuclear plan as French energy giant EDF confirms investment

    Thousands of UK jobs will be created as French energy firm EDF confirms today it will take a 12.5% stake in Sizewell C – in a major boost for UK growth and energy security.

    • French company EDF confirms it will take a 12.5% stake in Sizewell C nuclear plant, supporting thousands of UK jobs and boosting UK’s energy security.
    • Follows £14.5 billion funding confirmed by UK government last month and takes Britain closer to ‘golden age’ of nuclear power.
    • Prime Minister Keir Starmer to welcome French President Emmanuel Macron to Downing Steet tomorrow to make progress on shared priorities and deliver for British people.

    Thousands of UK jobs will be created as French energy firm EDF confirms today it will take a 12.5% stake in Sizewell C – in a major boost for UK growth and energy security.  

    EDF is the first shareholder to announce its backing for the nuclear plant alongside the UK government, who confirmed £14.2 billion of funding into the project in last month’s Spending Review.  

    Today’s announcement takes Sizewell C one step closer to being given the green light, when it will help to deliver the UK’s ‘golden age’ of nuclear and see clean power supplied to millions of homes. 

    Further investors and details on the project’s financing will be confirmed at the point of the Final Investment Decision, targeted for this summer. 

    Nuclear energy is crucial to a mixed power supply – providing a backbone of low-carbon power alongside renewables, which is the only way to bring down bills for good by ending the UK’s dependence on fossil fuel markets.

    At peak construction, Sizewell C will support 10,000 jobs, and thousands more in the nationwide supply chain, and create 1,500 apprenticeships. 

    It comes as Prime Minister Keir Starmer welcomes French President Emmanuel Macron to the UK ahead of the UK-France Summit on Thursday, which will drive forward co-operation with one of our closest neighbours on shared priorities – energy, growth, defence and security, and migration.  

    Since taking office last year, the Prime Minister has been determined to bolster the UK’s position on the world stage and improve our relationship with our closest partners in order to deliver for the British people.  

    Today’s announcement marks another vote of confidence in that approach, cementing the UK as an increasingly attractive investment destination and a reliable partner.  

    Previous governments had shied away from making real progress on Sizewell C – leaving the UK exposed when Putin’s illegal invasion into Ukraine created major shocks in the international oil and gas market.

    Prime Minister Keir Starmer said: 

    I’ve been clear there will be no more dithering and delay on Sizewell C – and this investment takes us a step closer to the benefits it will bring to the British people. 

    Lower energy bills, thousands more jobs and apprenticeships, and better energy security – this is not only a vote of confidence in the UK as an investment destination, it is our Plan for Change in action.

    Chancellor of the Exchequer Rachel Reeves said:

    This investment goes hand in hand with the £14.2 billion set aside at last month’s Spending Review to deliver the biggest nuclear building programme in a generation.

    It is part of the new confidence we’re seeing in the UK as an investment destination and will create thousands of high-skilled, high-paid jobs to help deliver on our Plan for Change.

    Energy Secretary Ed Miliband said:  

    Thousands of jobs and clean power for millions of homes are one step closer today as we welcome this investment into Sizewell C – delivering a golden age of new nuclear to protect family finances and boost energy security. 

    This agreement is a landmark moment in the UK and France’s long-standing partnership in civil nuclear, and a testament to our countries’ strong relationship.

    In addition, Bpifrance, France’s export credit agency, is set to provide a £5 billion debt guarantee to the power station.  

    This supports lending to the project from a number of leading commercial banks and is enabled by Sizewell C’s innovative funding model that spreads costs between consumers, taxpayers and private investors.  

    The UK Government will remain a significant shareholder in the project – ensuring we have oversight of the progress and limiting delays.  

    The government’s nuclear programme is now the most ambitious for a generation – once small modular reactors and Sizewell C come online in the 2030s, combined with Hinkley Point C, this will deliver more new nuclear power to the grid than over the previous half century combined. 

    In another important step forward for UK–France energy collaboration, UK company Urenco have signed a 15-year deal with EDF to produce fuel for nuclear power stations, helping to deliver clean power and enhanced energy security in Europe.

    This multi-billion euro contract, with significant value for the UK, will support Urenco UK’s workforce of more than 1,400 people and support the company’s important contribution to UK economic growth, which represented more than £256 million in 2023. 

    French engineering company Assystem has also announced plans to double its nuclear workforce in the UK, creating 1,000 new engineering, digital and management jobs by 2030 across 10 UK sites, including in Sunderland, Blackburn, Derby, Bristol and London.

    Updates to this page

    Published 8 July 2025

    MIL OSI United Kingdom

  • MIL-OSI USA: What “Haute Couture” Really Means in French Law

    Source: US Global Legal Monitor

    Today’s post is a guest post by a foreign law specialist at the Law Library of Congress, Louis Gilbert. Louis previously wrote “Wait, It Is Not About Wigs?” – The Story of Faso Dan Fani Court Robes in Burkina Faso for In Custodia Legis. 

    We throw around the term “haute couture” a lot these days: on runways, in fashion blogs, and in brand campaigns, but in France, it is not just a fancy way to say “high fashion.” It is a legally protected label with very specific rules, history, and meaning.

    Haute Couture: More Than Just Clothes

    At its core, haute couture is the art of creating luxurious, made-to-measure clothing for a private and very exclusive clientele. But it is more than that, it is also a creative playground where designers push boundaries, take risks, and influence the future of fashion far beyond the small circle of people who actually wear these clothes.

    Even though only a few clients ever purchase couture, its impact is global. The media attention surrounding haute couture shows means that ideas born in couture houses trickle down into ready-to-wear collections and even pop culture.

    A Wartime Origin Story

    The story begins during World War II. With fabric shortages affecting the entire country, the French government needed a way to support the couture industry. Until the outbreak of the second World War, haute couture professionals operated independently. With the onset of the war and resulting shortages in the textile industry, Parisian couture unions requested an official designation from the government granting haute couture houses privileged access to the raw materials needed for production.

    So, in 1945, the government officially stepped in. First, the Comité Général d’Organisation de l’Habillement et du Travail des Étoffes (the General Committee for the Organization of Clothing and Fabric Work) under the authority of the Ministry of Industry, issued a decision on January 23, 1945, distinguishing “couture” companies from mass-market producers. Then, on April 6, 1945, a ministerial order laid out the exact legally enforceable criteria a fashion house had to meet to qualify as haute couture. Those rules are still the foundation of the system today.

    Since then, only a select group of fashion houses, approved each year by a special commission under the Ministry of Industry, can legally use the title. The process is overseen by the Chambre Syndicale de la Haute Couture, which sets the standards and reviews applications. They can even conduct audits and investigations before granting the prestigious status.

    Christian Dior – Couturier de Rêve. Exhibition at the Musée des Arts Decoratifs, Paris, 2017. Photo by Flickr user Claudia Schillinger. Used under Creative Commons, CC BY-SA 4.0.

    What Really Makes a Brand “Haute Couture”

    So what exactly makes a house “haute couture”? According to the order of April 6, 1945, to earn and keep the title, a fashion house must:

    • design and create custom garments made to a client’s exact measurements, entirely in-house, with multiple fittings,
    • present two collections a year in Paris, one in January for spring-summer, and one in July for autumn-winter, each featuring at least 25 original looks,
    • produce only original work, no buying designs from outside sources, and
    • be approved by a special commission under the Ministry of Industry, overseen by the Chambre Syndicale de la Couture Parisienne (now part of the Fédération de la Haute Couture et de la Mode).

    Once a house is approved, it gets added to an official list updated annually. And only those on that list can legally call themselves haute couture. The presentations showing off the spring-summer and autumn-winter collections are elaborate productions, comparable to theatrical performances, and are central to the identity and visibility of haute couture.

    Prestige Over Perks

    Back in the 1940s, being on the haute couture list came with real perks: easier access to materials, more pricing freedom, and prestige. As postwar shortages faded in the early 1950s, the practical advantages disappeared. What remained, and still holds incredible power, is the status. Haute couture became less about economic benefit and more about cultural prestige. It was, and still is, a mark of excellence, craftsmanship, and artistry.

    Historically, couture houses have also used high-profile figures for promotional purposes. In the 1930s, for example, Chanel dressed the Countess de Montgomery, while Lanvin dressed the Countess Jean de Polignac, both free of charge.

    CHANEL – 215 [1938]. Black lace strapless dress with faille ribbon outlining the décolletage and ruffle of the same lace above it. 1938. Library of Congress Prints and Photographs Division. https://hdl.loc.gov/loc.pnp/cph.3b46035.

    The Shrinking World of Couture

    While the prestige has held steady, the number of official haute couture houses has dropped sharply. There were 106 accredited houses in 1946. By 1967, that number was down to 19. As of 2020, only 16 remained.

    That decline mirrors a shrinking client base. In 1943, it was estimated that 20,000 people regularly bought haute couture. By 1990, that number had fallen to just 200. Why? The rise of luxury ready-to-wear collections gave clients more options and fewer reasons to wait weeks or months for one-of-a-kind garments.

    Still, haute couture is not going anywhere. It remains the pinnacle of fashion, a world where imagination, skill, and tradition come together in pieces that are as much art as clothing.

    A 2020 decision by the Ministry of the Economy, which was extended until July 31, 2025, by another decision, designates the following 16 houses that hold the haute couture label:

    • Adeline André,
    • Alexandre Vauthier,
    • Alexis Mabille,
    • Bouchra Jarrar,
    • Chanel,
    • Christian Dior,
    • Franck Sorbier,
    • Giambattista Valli,
    • Givenchy,
    • Jean Paul Gaultier,
    • Julien Fournié,
    • Maison Margiela,
    • Miason Rabih Kayrouz,
    • Maurizio Galante,
    • Schiaparelli, and
    • Stéphane Rolland.

    For more on clothing and fabric rationing in the 1940s, see this

    Subscribe to In Custodia Legis – it’s free! – to receive interesting posts drawn from the Law Library of Congress’s vast collections and our staff’s expertise in U.S., foreign, and international law.

    MIL OSI USA News

  • MIL-OSI: Thrive Acquires GRC-Focused Abacode

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, July 08, 2025 (GLOBE NEWSWIRE) — Thrive, a global technology outsourcing provider for cybersecurity, Cloud, and IT managed services, today announced the acquisition of Abacode, a leading Managed Cybersecurity & Compliance Provider (MCCP) based in Tampa, Florida. Abacode specializes in holistic, outcome-driven cybersecurity solutions and governance programs that help businesses transform their cyber risk management strategies and turn compliance challenges into competitive advantages. This acquisition further strengthens Thrive’s compliance solutions and adds to its growing footprint in the Southeast U.S.

    As compliance mandates and cyber threats grow in complexity—including updates to standards like CMMC, changing AI legislation on the international stage, and proposed changes to industry standards like HIPAA—businesses require more strategic and scalable solutions to meet governance and risk requirements. Thrive has always been on the front lines of navigating customers through these challenges. With the acquisition of Abacode, the company is doubling its commitment to enhancing its governance, risk, and compliance offerings to empower mid-market businesses to meet evolving regulatory requirements. Abacode’s unique approach, which integrates cybersecurity and compliance into a single comprehensive program, aligns with Thrive’s mission of providing simplified, yet holistic, security and IT to their customers, eliminating headaches and allowing businesses to focus on what matters most to them.

    “Compliance is a hurdle for many small and mid-sized enterprises, because they simply don’t have the time or resources dedicated to tracking every change that could impact their business,” said Bill McLaughlin, CEO of Thrive. “Abacode’s strong leadership, robust offerings, and MCCP model align with our high-touch, customer-first approach, making them a natural fit for us. With the team at Abacode, Thrive is strongly positioned to help clients manage increasingly stringent cybersecurity regulations.”

    This acquisition—the second of the year for Thrive— builds on the company’s growing focus on its compliance services. Thrive has long supported organizations across various industries— including financial services, healthcare, and government operations— that want to maintain compliance in the United States, the United Kingdom, and Canada. The company recently launched its new Compliance Center, filled with unrivaled resources and expertise that educates mid-market businesses on international, federal, state and industry-specific regulations.

    “Joining forces with Thrive allows us to take our mission of delivering measurable business outcomes through cybersecurity and compliance to the next level,” said Michael Ferris, CEO of Abacode. “Thrive has an established reputation for having enterprise-grade infrastructure and global support, offering clients unmatched expertise and scalability. We’re looking forward to being part of this expert delivery and further helping our clients as part of the Thrive team.”

    Stephens served as exclusive financial advisor to Thrive in the transaction. To learn more about Thrive and its offerings, visit www.thrivenextgen.com.

    About Thrive
    Thrive delivers global technology outsourcing for cybersecurity, Cloud, networking, and other complex IT requirements. Thrive’s NextGen platform enables customers to increase business efficiencies through AI, standardization, scalability, and automation, delivering oversized technology returns on investment (ROI). They accomplish this with advisory services, vCISO, vCIO, consulting, project implementation, solution architects, and a best-in-class subscription-based technology platform. Thrive delivers exceptional high-touch service through its POD approach of subject matter experts and global 24x7x365 SOC, NOC, and centralized services teams. Learn more at www.thrivenextgen.com or follow us on LinkedIn.

    Contacts
    Hannah Johnston
    thrive@v2comms.com

    The MIL Network

  • MIL-OSI: Thrive Acquires GRC-Focused Abacode

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, July 08, 2025 (GLOBE NEWSWIRE) — Thrive, a global technology outsourcing provider for cybersecurity, Cloud, and IT managed services, today announced the acquisition of Abacode, a leading Managed Cybersecurity & Compliance Provider (MCCP) based in Tampa, Florida. Abacode specializes in holistic, outcome-driven cybersecurity solutions and governance programs that help businesses transform their cyber risk management strategies and turn compliance challenges into competitive advantages. This acquisition further strengthens Thrive’s compliance solutions and adds to its growing footprint in the Southeast U.S.

    As compliance mandates and cyber threats grow in complexity—including updates to standards like CMMC, changing AI legislation on the international stage, and proposed changes to industry standards like HIPAA—businesses require more strategic and scalable solutions to meet governance and risk requirements. Thrive has always been on the front lines of navigating customers through these challenges. With the acquisition of Abacode, the company is doubling its commitment to enhancing its governance, risk, and compliance offerings to empower mid-market businesses to meet evolving regulatory requirements. Abacode’s unique approach, which integrates cybersecurity and compliance into a single comprehensive program, aligns with Thrive’s mission of providing simplified, yet holistic, security and IT to their customers, eliminating headaches and allowing businesses to focus on what matters most to them.

    “Compliance is a hurdle for many small and mid-sized enterprises, because they simply don’t have the time or resources dedicated to tracking every change that could impact their business,” said Bill McLaughlin, CEO of Thrive. “Abacode’s strong leadership, robust offerings, and MCCP model align with our high-touch, customer-first approach, making them a natural fit for us. With the team at Abacode, Thrive is strongly positioned to help clients manage increasingly stringent cybersecurity regulations.”

    This acquisition—the second of the year for Thrive— builds on the company’s growing focus on its compliance services. Thrive has long supported organizations across various industries— including financial services, healthcare, and government operations— that want to maintain compliance in the United States, the United Kingdom, and Canada. The company recently launched its new Compliance Center, filled with unrivaled resources and expertise that educates mid-market businesses on international, federal, state and industry-specific regulations.

    “Joining forces with Thrive allows us to take our mission of delivering measurable business outcomes through cybersecurity and compliance to the next level,” said Michael Ferris, CEO of Abacode. “Thrive has an established reputation for having enterprise-grade infrastructure and global support, offering clients unmatched expertise and scalability. We’re looking forward to being part of this expert delivery and further helping our clients as part of the Thrive team.”

    Stephens served as exclusive financial advisor to Thrive in the transaction. To learn more about Thrive and its offerings, visit www.thrivenextgen.com.

    About Thrive
    Thrive delivers global technology outsourcing for cybersecurity, Cloud, networking, and other complex IT requirements. Thrive’s NextGen platform enables customers to increase business efficiencies through AI, standardization, scalability, and automation, delivering oversized technology returns on investment (ROI). They accomplish this with advisory services, vCISO, vCIO, consulting, project implementation, solution architects, and a best-in-class subscription-based technology platform. Thrive delivers exceptional high-touch service through its POD approach of subject matter experts and global 24x7x365 SOC, NOC, and centralized services teams. Learn more at www.thrivenextgen.com or follow us on LinkedIn.

    Contacts
    Hannah Johnston
    thrive@v2comms.com

    The MIL Network

  • MIL-OSI: Hanmi Financial Corporation Announces Second Quarter 2025 Earnings and Conference Call Date

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, July 08, 2025 (GLOBE NEWSWIRE) — Hanmi Financial Corporation (Nasdaq: HAFC) (“Hanmi”), the holding company for Hanmi Bank, today announced that it will report second quarter 2025 financial results after the market close on Tuesday, July 22, 2025. Management will host a conference call that same day, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the results.

    Investment professionals and all current and prospective shareholders are invited to access the live call on July 22 by dialing 1-877-407-9039 before 2:00 p.m. Pacific Time, using access code “Hanmi Bank”. To listen to the call online visit the investor relations page of Hanmi’s website at www.hanmi.com. The webcast will also be available for replay approximately one hour following the call.

    About Hanmi Financial Corporation
    Headquartered in Los Angeles, California, Hanmi Financial Corporation owns Hanmi Bank, which serves multi-ethnic communities through its network of 32 full-service branches, five loan production offices and three loan centers in California, Colorado, Georgia, Illinois, New Jersey, New York, Texas, Virginia and Washington. Hanmi Bank specializes in real estate, commercial, SBA and trade finance lending to small and middle market businesses. Additional information is available at www.hanmi.com.

    Contact
    Romolo (Ron) Santarosa
    Senior Executive Vice President & Chief Financial Officer
    213-427-5636

    Lisa Fortuna
    Investor Relations
    Financial Profiles, Inc.
    310-622-8251

    Source: Hanmi Bank

    The MIL Network

  • MIL-OSI: Hanmi Financial Corporation Announces Second Quarter 2025 Earnings and Conference Call Date

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, July 08, 2025 (GLOBE NEWSWIRE) — Hanmi Financial Corporation (Nasdaq: HAFC) (“Hanmi”), the holding company for Hanmi Bank, today announced that it will report second quarter 2025 financial results after the market close on Tuesday, July 22, 2025. Management will host a conference call that same day, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the results.

    Investment professionals and all current and prospective shareholders are invited to access the live call on July 22 by dialing 1-877-407-9039 before 2:00 p.m. Pacific Time, using access code “Hanmi Bank”. To listen to the call online visit the investor relations page of Hanmi’s website at www.hanmi.com. The webcast will also be available for replay approximately one hour following the call.

    About Hanmi Financial Corporation
    Headquartered in Los Angeles, California, Hanmi Financial Corporation owns Hanmi Bank, which serves multi-ethnic communities through its network of 32 full-service branches, five loan production offices and three loan centers in California, Colorado, Georgia, Illinois, New Jersey, New York, Texas, Virginia and Washington. Hanmi Bank specializes in real estate, commercial, SBA and trade finance lending to small and middle market businesses. Additional information is available at www.hanmi.com.

    Contact
    Romolo (Ron) Santarosa
    Senior Executive Vice President & Chief Financial Officer
    213-427-5636

    Lisa Fortuna
    Investor Relations
    Financial Profiles, Inc.
    310-622-8251

    Source: Hanmi Bank

    The MIL Network

  • MIL-OSI: 21Shares Responds to FCA Consultation on Retail Access to Crypto ETNs, Warns Against Overly Restrictive Framework

    Source: GlobeNewswire (MIL-OSI)

    Response welcomes progress but calls for more inclusive, globally aligned framework

    London, 8 July 202521Shares, one of the world’s leading issuers of crypto exchange-traded products (ETPs), has submitted its official response to the UK Financial Conduct Authority’s (FCA) Consultation Paper CP25/16, which proposes lifting the current ban on the sale, marketing, and distribution of crypto exchange-traded notes (cETNs) to retail clients admitted to UK recognised investment exchanges (UK RIEs).

    While 21Shares welcomes the FCA’s move to open the UK retail market to cETNs, it cautions that the proposed framework remains overly restrictive. In its response, 21Shares urges the regulator to adopt a more inclusive and innovation-friendly approach that reflects international best practices and provides UK investors with regulated, diversified access to the digital asset class.

    In particular, 21Shares highlights three key concerns:

    • Geographic limitation: The proposal restricts retail access to cETNs listed only on UK RIEs, ignoring equivalent products on FCA-recognised overseas regulated venues (ROIEs) and limiting investor choice.
    • Asset concentration risk: While the FCA leaves eligibility of cryptoassets to UK exchanges, this effectively concentrates power in the hands of mostly a single venue, the London Stock Exchange, which currently admits only Bitcoin and Ethereum. This setup risks driving retail investors to unregulated alternatives in search of broader exposure.
    • Misclassification risk: 21Shares argues against classifying UK RIE-listed cETNs as Restricted Mass Market Investments (RMMIs), noting that such instruments are already subject to robust listing, disclosure, and custody standards. Applying RMMI rules would reduce liquidity, hamper innovation, and limit inclusion in diversified investment strategies.

    21Shares recommends that the final regime:

    • Recognise regulated cETNs from overseas exchanges (ROIEs)
    • Mandate a transparent eligibility framework for a broader range of cryptoassets as underlyings for cETNs
    • Confirm that cETNs are treated as Readily Realisable Securities (RRS), not RMMIs

    “As a pioneer in the crypto ETP space, we have long advocated for a regulatory framework in the UK that allows retail investors to access digital assets through transparent and well-regulated products,” said Duncan Moir, President at 21Shares. “This consultation marks an important moment, but more needs to be done. A competitive, forward-looking regime must reflect the maturity of the global crypto market and the diversity of investor demand.”

    21Shares stands ready to assist policymakers and contribute market data and regulatory insights to ensure the UK becomes a competitive, well-regulated hub for crypto investment products.

    To read 21Shares’ response to the FCA consultation in full, click here.

    Notes to editors

    About 21Shares

    21Shares is one of the world’s leading cryptocurrency exchange traded product providers and offers the largest suite of crypto ETPs in the market. The company was founded to make cryptocurrency more accessible to investors, and to bridge the gap between traditional finance and decentralized finance. 21Shares listed the world’s first physically-backed crypto ETP in 2018, building a seven-year track record of creating crypto exchange-traded funds that are listed on some of the biggest, most liquid securities exchanges globally. Backed by a specialized research team, proprietary technology, and deep capital markets expertise, 21Shares delivers innovative, simple and cost-efficient investment solutions.

    21Shares is a member of 21.co, a global leader in decentralized finance. For more information, please visit www.21Shares.com.

    Media Contact
    Matteo Valli
    matteo.valli@21shares.com

    DISCLAIMER

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    This document and the information contained herein are not for distribution in or into (directly or indirectly) the United States, Canada, Australia or Japan or any other jurisdiction in which the distribution or release would be unlawful.

    This document does not constitute an offer of securities for sale in or into the United States, Canada, Australia or Japan. The securities of 21Shares AG to which these materials relate have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will not be a public offering of securities in the United States. Neither the US Securities and Exchange Commission nor any securities regulatory authority of any state or other jurisdiction of the United States has approved or disapproved of an investment in the securities or passed on the accuracy or adequacy of the contents of this presentation. Any representation to the contrary is a criminal offence in the United States.

    Within the United Kingdom, this document is only being distributed to and is only directed at: (i) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); or (ii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “relevant persons”); or (iii) persons who fall within Article 43(2) of the Order, including existing members and creditors of the Company or (iv) any other persons to whom this document can be lawfully distributed in circumstances where section 21(1) of the FSMA does not apply. The securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

    Exclusively for potential investors in any EEA Member State that has implemented the Prospectus Regulation (EU) 2017/1129 the Issuer’s Base Prospectus (EU) is made available on the Issuer’s website under www.21Shares.com.

    The approval of the Issuer’s Base Prospectus (EU) should not be understood as an endorsement by the SFSA of the securities offered or admitted to trading on a regulated market. Eligible potential investors should read the Issuer’s Base Prospectus (EU) and the relevant Final Terms before making an investment decision in order to understand the potential risks associated with the decision to invest in the securities. You are about to purchase a product that is not simple and may be difficult to understand.

    This document constitutes advertisement within the meaning of the Prospectus Regulation (EU) 2017/1129 and the Swiss Financial Services Act (the “FinSA”) and not a prospectus. The 2024 Base Prospectus of 21Shares AG has been deposited pursuant to article 54(2) FinSA with BX Swiss AG in its function as Swiss prospectus review body within the meaning of article 52 FinSA. The 2024 Base Prospectus and the key information document for any products may be obtained at 21Shares AG’s website (https://21shares.com/ir/prospectus or https://21shares.com/ir/kids).

    ###

    The MIL Network

  • MIL-OSI: AAC Clyde Space to Present at the AI & Technology Virtual Investor Conference July 10th

    Source: GlobeNewswire (MIL-OSI)

    UPPSALA, Sweden, July 08, 2025 (GLOBE NEWSWIRE) — AAC Clyde Space (OTC: ACCMF), based in Uppsala, Sweden, focused on small satellite technologies and services that help governments, businesses and institutions access high-quality data from space, today announced that Luis Gomes, CEO, will present live at the AI & Technology Virtual Investor Conference hosted by VirtualInvestorConferences.com, on July 10, 2025.

    DATE: July 10th
    TIME: 10:30 AM ET
    LINK: REGISTER HERE

    This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

    It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.

    Learn more about the event at virtualinvestorconferences.com.

    Recent Company Highlights

    • 30 June: AAC Clyde Space has resolved to carry out a directed share issue amounting to approximately SEK 64.5 million
    • 18 June: AAC Clyde Space wins strategic order for first phase of ESA-backed satellite swarm mission
    • 23 May: Major General Lars-Olof Corneliusson elected to the Board of Directors of AAC Clyde Space

    About AAC Clyde Space
    AAC Clyde Space provides small satellite technologies and services that help governments, businesses and institutions access high-quality data from space. Covering satellite components, mission services and space-based data delivery, the company offers end-to-end solutions that turn space-based intelligence into real-world impact. Applications include weather monitoring, maritime safety, security and defence, agriculture and forestry.
    AAC Clyde Space is headquartered in Uppsala, Sweden, with main operations also in the UK, Netherlands, South Africa and the USA. The company’s shares are traded on Nasdaq First North Premier Growth Market in Stockholm (Ticker: AAC) and on the US OTCQX Market (Symbol: ACCMF). The Company’s Certified Adviser is DNB Carnegie Investment Bank AB.

    About Virtual Investor Conferences®
    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

    Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

    CONTACTS:
    AAC Clyde Space
    Håkan Tribell
    Director of Communications
    +46 707 230 382
    investor@aac-clydespace.com

    Virtual Investor Conferences
    John M. Viglotti
    SVP Corporate Services, Investor Access
    OTC Markets Group
    (212) 220-2221
    johnv@otcmarkets.com

    The MIL Network

  • MIL-OSI: AAC Clyde Space to Present at the AI & Technology Virtual Investor Conference July 10th

    Source: GlobeNewswire (MIL-OSI)

    UPPSALA, Sweden, July 08, 2025 (GLOBE NEWSWIRE) — AAC Clyde Space (OTC: ACCMF), based in Uppsala, Sweden, focused on small satellite technologies and services that help governments, businesses and institutions access high-quality data from space, today announced that Luis Gomes, CEO, will present live at the AI & Technology Virtual Investor Conference hosted by VirtualInvestorConferences.com, on July 10, 2025.

    DATE: July 10th
    TIME: 10:30 AM ET
    LINK: REGISTER HERE

    This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

    It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.

    Learn more about the event at virtualinvestorconferences.com.

    Recent Company Highlights

    • 30 June: AAC Clyde Space has resolved to carry out a directed share issue amounting to approximately SEK 64.5 million
    • 18 June: AAC Clyde Space wins strategic order for first phase of ESA-backed satellite swarm mission
    • 23 May: Major General Lars-Olof Corneliusson elected to the Board of Directors of AAC Clyde Space

    About AAC Clyde Space
    AAC Clyde Space provides small satellite technologies and services that help governments, businesses and institutions access high-quality data from space. Covering satellite components, mission services and space-based data delivery, the company offers end-to-end solutions that turn space-based intelligence into real-world impact. Applications include weather monitoring, maritime safety, security and defence, agriculture and forestry.
    AAC Clyde Space is headquartered in Uppsala, Sweden, with main operations also in the UK, Netherlands, South Africa and the USA. The company’s shares are traded on Nasdaq First North Premier Growth Market in Stockholm (Ticker: AAC) and on the US OTCQX Market (Symbol: ACCMF). The Company’s Certified Adviser is DNB Carnegie Investment Bank AB.

    About Virtual Investor Conferences®
    Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.

    Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.

    CONTACTS:
    AAC Clyde Space
    Håkan Tribell
    Director of Communications
    +46 707 230 382
    investor@aac-clydespace.com

    Virtual Investor Conferences
    John M. Viglotti
    SVP Corporate Services, Investor Access
    OTC Markets Group
    (212) 220-2221
    johnv@otcmarkets.com

    The MIL Network

  • MIL-OSI Banking: Geoeconomic Fragmentation: Implications for Ireland

    Source: International Monetary Fund

    Summary

    Ireland’s economy is deeply connected to the global trade network and relies on foreign direct investment (FDI), notably from the US. This paper presents a framework to estimate the impact of geo-economic fragmentation through three channels: (1) supply chain disruptions, (2) trade distortions resulting from tariff increases, and (3) FDI relocation, including driven by tax policy changes. Our findings suggest that while the impact of supply disruptions and higher tariffs would be relatively contained under moderate shock assumptions, potential FDI relocations would be associated with a sizeable loss of value added but more limited impact on the indigenous economy.

    MIL OSI Global Banks

  • MIL-OSI Banking: Benchmarking Public Spending Efficiency in Education, Health, and Infrastructure in Ireland

    Source: International Monetary Fund

    Preview Citation

    Format: Chicago

    Yen N Mooi. “Benchmarking Public Spending Efficiency in Education, Health, and Infrastructure in Ireland”, Selected Issues Papers 2025, 090 (2025), accessed July 8, 2025, https://doi.org/10.5089/9798229016872.018

    Export Citation

    • ProCite
    • RefWorks
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    • BibTex
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    Summary

    The paper benchmarks Ireland’s public spending efficiency to peer countries in infrastructure, health, and education using a variety of indicators and maps the efficiency frontiers in these sectors using the Data Envelopment Analysis (DEA) method. It finds that while Ireland is at the efficiency frontier for education spending, there is room for potential gains in public spending efficiency on health and infrastructure. Achieving these gains could create further fiscal space to improve Ireland’s buffers for shocks in an environment of heightened global uncertainty and structural shifts.

    Subject: Capital spending, Current spending, Education, Education spending, Expenditure, Expenditure efficiency, Health, Health care, Health care spending, Infrastructure, National accounts

    Keywords: Capital spending, Current spending, Data Envelopment Analysis, Education spending, Expenditure efficiency, General government spending, Health care, Health care spending, Infrastructure, Public Spending Efficiency, Total expenditures

    Publication Details

    MIL OSI Global Banks

  • MIL-OSI Analysis: 3 basic ingredients, a million possibilities: How small pizzerias succeed with uniqueness in an age of chain restaurants

    Source: The Conversation – USA (2) – By Paula de la Cruz-Fernández, Cultural Digital Collections Manager, University of Florida

    Variety is the sauce of life. Suzanne Kreiter/Boston Globe via Getty Images

    At its heart, pizza is deceptively simple. Made from just a few humble ingredients – baked dough, tangy sauce, melted cheese and maybe a few toppings – it might seem like a perfect candidate for the kind of mass-produced standardization that defines many global food chains, where predictable menus reign supreme.

    Yet, visit two pizzerias in different towns – or even on different blocks of the same town – and you’ll find that pizza stubbornly refuses to be homogenized.

    We are researchers working on a local business history project that documents the commercial landscape of Gainesville, Florida, in the 20th and 21st centuries. As part of that project, we’ve spent a great many hours over the past two years interviewing local restaurant owners, especially those behind Gainesville’s independent pizzerias. What we’ve found reaffirms a powerful truth: Pizza resists sameness – and small pizzerias are a big reason why.

    Why standardized pizza rose but didn’t conquer

    While tomatoes were unknown in Italy until the mid-16th century, they have since become synonymous with Italian cuisine – especially through pizza.

    Pizza arrived in the U.S. from Naples in the early 20th century, when Italian immigration was at its peak. Two of the biggest destinations for Italian immigrants were New York City and Chicago, and today each has a distinctive pizza style. A New York slice can easily be identified by its thin, soft, foldable crust, while Chicago pies are known for deep, thick, buttery crusts.

    After World War II, other regions developed their own types of pizza, including the famed New Haven and Detroit styles. The New Haven style is known for being thin, crispy and charred in a coal-fired oven, while the Detroit style has a rectangular, deep-dish shape and thick, buttery crust.

    By the latter half of the 20th century, pizza had become a staple of the American diet. And as its popularity grew, so did demand for consistent, affordable pizza joints. Chains such as Pizza Hut, founded in 1958, and Papa John’s, established in 1984, applied the model pioneered by McDonalds in the late 1940s, adopting limited menus, assembly line kitchens and franchise models built for consistency and scale. New technologies such as point-of-sale systems and inventory management software made things even more efficient.

    As food historian Carol Helstosky explains in “Pizza: A Global History,” the transformation involved simplifying recipes, ensuring consistent quality and developing formats optimized for rapid expansion and franchising. What began as a handcrafted, regional dish became a highly replicable product suited to global mass markets.

    Today, more than 20,000 Pizza Huts operate worldwide. Papa John’s, which runs about 6,000 pizzerias, built its brand explicitly on a promise rooted in standardization. In this model, success means making pizza the same way, everywhere, every time.

    So, what happened to the independent pizzerias? Did they get swallowed up by efficiency?

    Not quite.

    Chain restaurants don’t necessarily suffocate small competitors, recent research shows. In fact, in the case of pizza, they often coexist, sometimes even fueling creativity and opportunity. Independent pizzerias – there are more than 44,000 nationwide – lean into what makes them unique, carving out a niche. Rather than focusing only on speed or price, they compete by offering character, inventive toppings, personal service and a sense of place that chains just can’t replicate.

    A local pizza scene: Creativity in a corporate age

    For an example, look no farther than Gainesville. A college town with fewer than 150,000 residents, Gainesville doesn’t have the same culinary cache as New York or Chicago, but it has developed a very unique pizza scene. With 13 independent pizzerias serving Neapolitan, Detroit, New York and Mediterranean styles and more, hungry Gators have a plethora of options when craving a slice.

    What makes Gainesville’s pizza scene especially interesting is the range of backgrounds its proprietors have. Through interviews with pizzeria owners, we found that some had started as artists and musicians, while others had worked in engineering or education – and each had their own unique approach to making pizzas.

    The owner of Strega Nona’s Oven, for example, uses his engineering background to turn dough-making into a science, altering the proportions of ingredients by as little as half of a percent based on the season or even the weather.

    Satchel’s Pizza, on the other hand, is filled with works made by its artist owner, including mosaic windows, paintings, sculptures and fountains.

    Gainesville’s independent pizzerias often serve as what sociologists call “third places”: spaces for gathering that aren’t home or work. And their owners think carefully about how to create a welcoming environment. For example, the owner of Scuola Pizza insisted the restaurant be free of TVs, so diners can focus on their food. Squarehouse Pizza features a large outdoor space; an old, now repurposed school bus outfitted with tables and chairs to dine in, and a stage for live music.

    Squarehouse also is known for its unusual toppings on square, Detroit-style pies – for example, the Mariah Curry, topped with curry chicken or cauliflower and coconut curry sauce. It refreshes its specialty menus every semester or two.

    While the American pizza landscape may be shaped by big brands and standardized menus, small pizzerias continue to shine. Gainesville is a perfect example of how a local pizza scene in a small Southern college town can be so unique, even in a globalized industry. Small pizzerias don’t just offer food – they offer a flavorful reminder that the marketplace rewards distinctiveness and local character, too.

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

    ref. 3 basic ingredients, a million possibilities: How small pizzerias succeed with uniqueness in an age of chain restaurants – https://theconversation.com/3-basic-ingredients-a-million-possibilities-how-small-pizzerias-succeed-with-uniqueness-in-an-age-of-chain-restaurants-259661

    MIL OSI Analysis

  • MIL-OSI Video: UK Work of the Foreign, Commonwealth and Development Office – Foreign Affairs Committee

    Source: United Kingdom UK Parliament (video statements)

    The Foreign Affairs Committee will hold an evidence session on the work of the Foreign, Commonwealth and Development Office at 1.30pm, on Tuesday 8 July.  

    Members are likely to question the Foreign Secretary on the UK Government’s current position on the Israeli-Palestinian conflict.

    https://www.youtube.com/watch?v=PVLgxTC2w00

    MIL OSI Video

  • MIL-OSI United Kingdom: City of York Council investing £500,000 in green spaces

    Source: City of York

    Clarence Gardens

    Published Monday, 7 July 2025

    City of York Council has announced a significant £500,000 capital investment over the next two years to revitalise parks, play areas, and public green spaces across the city.

    The Executive is set to approve the proposed criteria and prioritisation framework that will guide the funding allocation and ensure the greatest community impact.

    This initiative marks the first major investment in York’s public spaces in several years and comes in response to widespread resident support and strategic ambitions laid out in the Council Plan 2023 to 2027. A key focus is ensuring accessible and sustainable outdoor environments that enhance biodiversity, wellbeing, and social inclusion. Work on assessing the conservation needs of our much-valued War Memorials will take place alongside the parks projects.

    Strategic Benefits

    The funding aligns with national findings from the “Space to Thrive” report by The National Lottery, which highlights the vital role parks play in supporting physical and mental health, community engagement, and local economies. The council aims to amplify these benefits by engaging residents, community organisations, and volunteer groups in improving green spaces citywide.

    The decision also aligns with the council’s core commitments to equality and health. By prioritising sites in high deprivation areas and those with ageing infrastructure, the programme seeks to redress inequalities in access to quality recreational space.

    Next Steps

    Council officers will assess potential projects over the summer, with a final decision on funded schemes to be presented to the Executive this September. Recruitment for a dedicated project officer is already underway to support delivery through March 2027.

    Cllr Jenny Kent, Executive Member for Environment and Climate Emergency, said: “In investing in our parks and public spaces, we’re not just enhancing infrastructure or play equipment – we’re investing in communities, public health, and a greener future. York people love our parks and have spoken clearly about the value of these shared spaces. This project reflects our commitment to creating a more vibrant, inclusive, and sustainable city, with people and pride in place at its heart.”

    For more information, visit the council’s website or read the Space to Thrive report at Space to Thrive – National Lottery Heritage Fund.

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Major progress at York Central as new travel routes open to the public

    Source: United Kingdom – Government Statements

    Press release

    Major progress at York Central as new travel routes open to the public

    Residents and visitors can now enjoy safer, greener and more attractive journeys into York city centre as new travel routes through the York Central development open.

    Replacing Leeman Road as a through-route, the new road runs from Salisbury Road to Marble Arch, with dedicated wider pedestrian and cycle paths alongside it.

    Designed with sustainability and comfort in mind, the new infrastructure features Hudson Boulevard, a standout walking and cycling route complete with high-quality materials, seating, and a striking central rain garden.

    The opening of new travel routes through York Central is evidence of how Homes England is working with local leaders to transform underused, brownfield land into thriving communities and creating places people can be proud of.

    Leon Guyett, Project Director on behalf of Homes England and Network Rail, said:

    The opening of the new road, walking and cycling routes is a huge step forward for the project, providing safer and more attractive journeys into the city centre for pedestrians, cyclists, bus users and drivers.

    This modern infrastructure not only supports sustainable transport but also plays a key role in unlocking the wider York Central development for new homes, public spaces and commercial opportunities.

    The second phase of works will see two new bridges constructed over the East Coast Main Line, completing the direct link to Water End. This will further reduce traffic through areas such as Salisbury Terrace and enhance connections for all road users.

    Funding from Homes England has supported turning local ambitions into reality, creating well-connected neighbourhoods that support both economic growth and environmental goals.

    Cllr Kate Ravilious, Executive Member for Transport at City of York Council, commented:

    This is a significant milestone for York Central. These new routes help unlock a transformative opportunity for the city—thousands of homes, well-paid jobs and welcoming public spaces.

    The improved walking, cycling and bus provision is already making a difference, and Hudson Boulevard in particular is a beautiful and functional new feature. Looking ahead, the new road will ultimately connect directly to Water End, removing through-traffic from nearby residential areas and improving neighbourhood environments.

    Matt Mosley, Regional Director for Sisk Infrastructure, added:

    Sisk is proud to have delivered this transformative infrastructure. We’ve worked closely with Homes England to create lasting value for York, both economically and socially.

    As one of the UK’s largest city centre brownfield regeneration projects, York Central is backed by over £155 million in public funding. Construction on key infrastructure began in 2022 and will ultimately include more than 2km of new roads, bus lanes, pedestrian footpaths and cycleways.

    In 2024, McLaren Property and Arlington Real Estate were appointed as development partners to deliver up to 2,500 homes, 1 million square feet of commercial space, a new western entrance to York Station, and extensive new green spaces. At least 20% of the homes will be affordable, and the project is expected to support over 6,500 jobs.

    The scheme will also enable a major expansion of the National Railway Museum, enhancing York’s position as a cultural and economic hub.

    For the latest updates, visit www.yorkcentral.info or the developer’s website at www.yorkcentral.uk.

    About York Central

    York Central is one of the UK’s largest city centre regeneration sites. The scheme has unprecedented support from Central, Regional and Local government, with £155m already committed to building key up front infrastructure.

    The site is being brought forward by majority landowners and master developers McLaren Property and Arlington Real Estate, Homes England and Network Rail in collaboration with key stakeholders, the City of York Council and the National Railway Museum.

    For more information visit: https://www.yorkcentral.info

    Updates to this page

    Published 8 July 2025

    MIL OSI United Kingdom

  • MIL-OSI Russia: Enrollment is open for Master’s programs founded by Chinese and Kazakh universities

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    BEIJING, July 8 (Xinhua) — Admissions have opened for master’s programs jointly founded by China’s Nankai University and Kazakhstan’s L.N. Gumilyov Eurasian National University, Nankai University, located in the north Chinese city of Tianjin, said.

    The master’s programs in Belt and Road Economic and Trade Cooperation and Digital Economy and Industrial Innovation were launched with the approval of China’s Ministry of Education. Applicants can enroll in these programs without having to take the National Unified Examination for Master’s Degrees, according to a statement released on the website of Nankai University on Tuesday.

    Classes for these programs are scheduled to begin in September of this year.

    These educational projects are aimed at training specialists in the field of integrated economic management, competent in trade and economic cooperation within the framework of the Belt and Road, the digital economy and industrial innovation.

    After successfully passing the tests and defending their final theses, students will receive a master’s degree from the L. N. Gumilyov Eurasian National University. -0-

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

    .

    MIL OSI Russia News

  • MIL-OSI Russia: Iran did not request talks with US – MFA

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    TEHRAN, July 8 (Xinhua) — Iran has not requested any meetings with the United States, the Islamic Republic’s Foreign Ministry spokesman Esmail Baghaei said on Tuesday, as quoted by the Tasnim news agency.

    This is how the diplomat responded to the words of US President Donald Trump, who said the day before that Iran had asked for a meeting.

    Speaking to reporters at the White House on Monday alongside Israeli Prime Minister Benjamin Netanyahu, Trump said the United States was ready to negotiate with Iran. “We have a meeting scheduled with Iran, and they want to talk,” he said. “They have requested a meeting, and I am going to attend. If we can put something on paper, that would be good,” the president added.

    From April 12 to May 23, Iran and the United States held five rounds of indirect talks on Tehran’s nuclear program and the lifting of American sanctions. They were mediated by Oman.

    Two days before the sixth round, scheduled for June 15 in the Omani capital Muscat, Israel launched massive airstrikes on a number of Iranian sites, including nuclear and military facilities, killing senior commanders, nuclear scientists and scores of civilians. Tehran responded with a series of missile and drone strikes on Israel.

    On June 22, the United States struck three Iranian nuclear facilities: Natanz, Fordow, and Isfahan. Iran later attacked the U.S. Al Udeid Air Base in Qatar.

    On June 24, after 12 days of fighting, Iran and Israel reached a ceasefire agreement. –0–

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

    .

    MIL OSI Russia News

  • MIL-OSI Russia: Iran did not request talks with US – MFA

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    TEHRAN, July 8 (Xinhua) — Iran has not requested any meetings with the United States, the Islamic Republic’s Foreign Ministry spokesman Esmail Baghaei said on Tuesday, as quoted by the Tasnim news agency.

    This is how the diplomat responded to the words of US President Donald Trump, who said the day before that Iran had asked for a meeting.

    Speaking to reporters at the White House on Monday alongside Israeli Prime Minister Benjamin Netanyahu, Trump said the United States was ready to negotiate with Iran. “We have a meeting scheduled with Iran, and they want to talk,” he said. “They have requested a meeting, and I am going to attend. If we can put something on paper, that would be good,” the president added.

    From April 12 to May 23, Iran and the United States held five rounds of indirect talks on Tehran’s nuclear program and the lifting of American sanctions. They were mediated by Oman.

    Two days before the sixth round, scheduled for June 15 in the Omani capital Muscat, Israel launched massive airstrikes on a number of Iranian sites, including nuclear and military facilities, killing senior commanders, nuclear scientists and scores of civilians. Tehran responded with a series of missile and drone strikes on Israel.

    On June 22, the United States struck three Iranian nuclear facilities: Natanz, Fordow, and Isfahan. Iran later attacked the U.S. Al Udeid Air Base in Qatar.

    On June 24, after 12 days of fighting, Iran and Israel reached a ceasefire agreement. –0–

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

    .

    MIL OSI Russia News

  • MIL-OSI Russia: Former Vice Chairman of Xizang Autonomous Region People’s Government Sentenced to Death with Suspension for Bribery

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    CHANGSHA, July 8 (Xinhua) — Wang Yong, former vice chairman of the people’s government of southwest China’s Xizang Autonomous Region, was sentenced to death with a two-year reprieve on Tuesday for accepting bribes.

    The verdict was handed down by the Intermediate People’s Court of Chenzhou City, Hunan Province, central China. His case was heard in open court on May 15 this year.

    According to the verdict, Wang Yong, also a former member of the SAR government’s leadership group, was deprived of political rights for life and all his personal property will be confiscated in favor of the state.

    The court found that from 2007 to 2023, Wang Yong, in various positions, abused his official powers to assist other organizations and individuals in winning contracts for contracting projects, thereby illegally enriching himself in the total amount of more than 271 million yuan (about 37.9 million US dollars).

    The court ruled that Wang Yun’s crimes had caused serious harm to the interests of the state and the people. Meanwhile, based on the fact that the defendant admitted his guilt and repented of his actions, and also assisted in the return of illegally obtained funds, his sentence was reduced. -0-

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

    .

    MIL OSI Russia News

  • MIL-OSI USA: The Rule of Law is Key to Capitalism − Eroding it is Bad News for American Business

    Source: US State of Connecticut

    Something dangerous is happening to the U.S. economy, and it’s not inflation or trade wars. Chaotic deregulation and the selective enforcement of laws have upended markets and investor confidence. At one point, the threat of tariffs and resulting chaos evaporated US$4 trillion in value in the U.S. stock market. This approach isn’t helping the economy, and there are troubling signs it will hurt both the U.S. and the global economy in the short and long term.

    The rule of law – the idea that legal rules apply to everyone equally, regardless of wealth or political connections − is essential for a thriving economy. Yet globally the respect for the rule of law is slipping, and the U.S. is slipping with it. According to annual rankings from the World Justice Project, the rule of law has declined in more than half of all countries for seven years in a row. The rule of law in the U.S., the most economically powerful nation in the world, is now weaker than the rule of law in Uruguay, Singapore, Latvia and over 20 other countries.

    When regulation is unnecessarily burdensome for business, government should lighten the load. However, arbitrary and frenzied deregulation does not free corporations to earn higher profits. As a business school professor with an MBA who has taught business law for over 25 years, and the author of a recently published book about the importance of legal knowledge to business, I can affirm that the opposite is true. Chaotic deregulation doesn’t drive growth. It only fuels risk.

    Chaos undermines investment, talent and trust

    Legal uncertainty has become a serious drag on American competitiveness.

    A study by the U.S. Chamber of Commerce found that public policy risks — such as unexpected changes in taxes, regulation and enforcement — ranked among the top challenges businesses face, alongside more familiar business threats such as competition or economic volatility. Companies that can’t predict how the law might change are forced to plan for the worst. That means holding back on long-term investment, slowing innovation and raising prices to cover new risks.

    When the government enforces rules arbitrarily, it also undermines property rights.

    For example, if a country enters into a major trade agreement and then goes ahead and violates it, that threatens the property rights of the companies that relied on the agreement to conduct business. If the government can seize assets without due process, those assets lose their stability and value. And if that treatment depends on whether a company is in the government’s political favor, it’s not just bad economics − it’s a red flag for investors.

    When government doesn’t enforce rules fairly, it also threatens people’s freedom to enter into contracts.

    Consider presidential orders that threaten the clients of law firms that have challenged the administration with cancellation of their government contracts. The threat alone jeopardizes the value of those agreements.

    If businesses can’t trust public contracts to be respected, they’ll be less likely to work with the government in the first place. This deprives the government, and ultimately the American people, of receiving the best value for their tax dollars in critical areas such as transportation, technology and national defense.

    Regulatory chaos also allows corruption to spread.

    For example, the Foreign Corrupt Practices Act, which prohibits businesses from bribing foreign government officials, has leveled the playing field for firms and enabled the best American companies to succeed on their merits. Before the law was enacted in 1977, some American companies felt pressured to pay bribes to compete. “Pausing” enforcement of the law, as the current presidential administration has done, increases the cost of doing business and encourages a wild west economy where chaos thrives.

    When corruption grows, stable and democratic governments weaken, opportunities for terrorism increase and corruption-fueled authoritarian regimes, which oppose the interests of the U.S., thrive. Halting the enforcement of an anti-bribery law, even for a limited time, is an issue of national security.

    Legal uncertainty fuels brain drain

    Chaotic enforcement of the law also corrodes labor markets.

    American companies require a strong pool of talented professionals to fuel their financial success. When legal rights are enforced arbitrarily or unjustly, the very best talent that American companies need may leave the country.

    The science brain drain is already happening. American scientists have submitted 32% more applications for jobs abroad compared with last year. Nonscientists are leaving too. Ireland’s Department of Foreign Affairs has witnessed a 50% increase in Americans taking steps to obtain an Irish passport. Employers in the U.K. saw a spike in job applications from the United States.

    Business from other countries will gladly accept American talent as they compete against American companies. During the Third Reich, Nazi Germany lost its best and brightest to other countries, including America. Now the reverse is happening, as highly talented Americans leave to work for firms in other nations.

    Threats of arbitrary legal actions also drive away democratic allies and their prosperous populations that purchase American-made goods and services. For example, arbitrarily threatening to punish or even annex a closely allied nation does not endear its citizens to that government or the businesses it represents. So it’s no surprise that Canadians are now boycotting American goods and services. This is devastating businesses in American border towns and hurts the economy nationwide.

    Similarly, the Canadian government has responded to whipsawing U.S. tariff announcements with counter-tariffs, which will slice the profits of American exporters. Close American allies and trading partners such as Japan, the U.K. and the European Union are also signaling their own willingness to impose retaliatory tariffs, increasing the costs of operations to American business even more.

    Modern capitalism depends on smart regulation to thrive. Smart regulation is not an obstacle to capitalism. Smart regulation is what makes American capitalism possible. Smart regulation is what makes American freedom possible.

    Clear and consistently applied legal rules allow businesses to aggressively compete, carefully plan, and generate profits. An arbitrary rule of law deprives business of the true power of capitalism – the ability to promote economic growth, spur innovation and improve the overall living standards of a free society. Americans deserve no less, and it is up to government to make that happen for everyone.

    Originally published in The Conversation. 

    MIL OSI USA News

  • MIL-OSI USA: The Rule of Law is Key to Capitalism − Eroding it is Bad News for American Business

    Source: US State of Connecticut

    Something dangerous is happening to the U.S. economy, and it’s not inflation or trade wars. Chaotic deregulation and the selective enforcement of laws have upended markets and investor confidence. At one point, the threat of tariffs and resulting chaos evaporated US$4 trillion in value in the U.S. stock market. This approach isn’t helping the economy, and there are troubling signs it will hurt both the U.S. and the global economy in the short and long term.

    The rule of law – the idea that legal rules apply to everyone equally, regardless of wealth or political connections − is essential for a thriving economy. Yet globally the respect for the rule of law is slipping, and the U.S. is slipping with it. According to annual rankings from the World Justice Project, the rule of law has declined in more than half of all countries for seven years in a row. The rule of law in the U.S., the most economically powerful nation in the world, is now weaker than the rule of law in Uruguay, Singapore, Latvia and over 20 other countries.

    When regulation is unnecessarily burdensome for business, government should lighten the load. However, arbitrary and frenzied deregulation does not free corporations to earn higher profits. As a business school professor with an MBA who has taught business law for over 25 years, and the author of a recently published book about the importance of legal knowledge to business, I can affirm that the opposite is true. Chaotic deregulation doesn’t drive growth. It only fuels risk.

    Chaos undermines investment, talent and trust

    Legal uncertainty has become a serious drag on American competitiveness.

    A study by the U.S. Chamber of Commerce found that public policy risks — such as unexpected changes in taxes, regulation and enforcement — ranked among the top challenges businesses face, alongside more familiar business threats such as competition or economic volatility. Companies that can’t predict how the law might change are forced to plan for the worst. That means holding back on long-term investment, slowing innovation and raising prices to cover new risks.

    When the government enforces rules arbitrarily, it also undermines property rights.

    For example, if a country enters into a major trade agreement and then goes ahead and violates it, that threatens the property rights of the companies that relied on the agreement to conduct business. If the government can seize assets without due process, those assets lose their stability and value. And if that treatment depends on whether a company is in the government’s political favor, it’s not just bad economics − it’s a red flag for investors.

    When government doesn’t enforce rules fairly, it also threatens people’s freedom to enter into contracts.

    Consider presidential orders that threaten the clients of law firms that have challenged the administration with cancellation of their government contracts. The threat alone jeopardizes the value of those agreements.

    If businesses can’t trust public contracts to be respected, they’ll be less likely to work with the government in the first place. This deprives the government, and ultimately the American people, of receiving the best value for their tax dollars in critical areas such as transportation, technology and national defense.

    Regulatory chaos also allows corruption to spread.

    For example, the Foreign Corrupt Practices Act, which prohibits businesses from bribing foreign government officials, has leveled the playing field for firms and enabled the best American companies to succeed on their merits. Before the law was enacted in 1977, some American companies felt pressured to pay bribes to compete. “Pausing” enforcement of the law, as the current presidential administration has done, increases the cost of doing business and encourages a wild west economy where chaos thrives.

    When corruption grows, stable and democratic governments weaken, opportunities for terrorism increase and corruption-fueled authoritarian regimes, which oppose the interests of the U.S., thrive. Halting the enforcement of an anti-bribery law, even for a limited time, is an issue of national security.

    Legal uncertainty fuels brain drain

    Chaotic enforcement of the law also corrodes labor markets.

    American companies require a strong pool of talented professionals to fuel their financial success. When legal rights are enforced arbitrarily or unjustly, the very best talent that American companies need may leave the country.

    The science brain drain is already happening. American scientists have submitted 32% more applications for jobs abroad compared with last year. Nonscientists are leaving too. Ireland’s Department of Foreign Affairs has witnessed a 50% increase in Americans taking steps to obtain an Irish passport. Employers in the U.K. saw a spike in job applications from the United States.

    Business from other countries will gladly accept American talent as they compete against American companies. During the Third Reich, Nazi Germany lost its best and brightest to other countries, including America. Now the reverse is happening, as highly talented Americans leave to work for firms in other nations.

    Threats of arbitrary legal actions also drive away democratic allies and their prosperous populations that purchase American-made goods and services. For example, arbitrarily threatening to punish or even annex a closely allied nation does not endear its citizens to that government or the businesses it represents. So it’s no surprise that Canadians are now boycotting American goods and services. This is devastating businesses in American border towns and hurts the economy nationwide.

    Similarly, the Canadian government has responded to whipsawing U.S. tariff announcements with counter-tariffs, which will slice the profits of American exporters. Close American allies and trading partners such as Japan, the U.K. and the European Union are also signaling their own willingness to impose retaliatory tariffs, increasing the costs of operations to American business even more.

    Modern capitalism depends on smart regulation to thrive. Smart regulation is not an obstacle to capitalism. Smart regulation is what makes American capitalism possible. Smart regulation is what makes American freedom possible.

    Clear and consistently applied legal rules allow businesses to aggressively compete, carefully plan, and generate profits. An arbitrary rule of law deprives business of the true power of capitalism – the ability to promote economic growth, spur innovation and improve the overall living standards of a free society. Americans deserve no less, and it is up to government to make that happen for everyone.

    Originally published in The Conversation. 

    MIL OSI USA News

  • MIL-OSI Europe: The EBA launches consultation on its draft Guidelines on third-party risk management with regard to non-ICT related services

    Source: European Banking Authority

    The European Banking Authority (EBA) today launched a public consultation on the draft Guidelines on the sound management of third-party risk. The draft Guidelines focus on third-party arrangements in relation to non-ICT related services provided by third-party service providers and their subcontractors with a particular focus on the provision of critical or important functions. These Guidelines revise and update the previous EBA Guidelines on outsourcing, published in 2019, in line with the Digital Operational Resilience Act (DORA). The consultation runs until 8 October 2025.

    The draft Guidelines specify the steps to be taken by financial entities for the life cycle of third-party arrangements (i.e. risk assessment, due diligence, contractual phase, sub-contracting, monitoring, exit strategies and termination processes) to ensure consistency with the requirements under the DORA framework to the extent possible. The draft Guidelines provide specific criteria for the application of the proportionality principle.

    In addition, the draft Guidelines ensure consistency with the DORA register by allowing financial institutions to store consistent information for both ICT and non-ICT services, including the possibility of using one single register. Taking into account the application of proportionality, the level of information to be documented has been limited to reduce the burden on both financial entities and competent authorities.

    To ensure a smooth and efficient transition, financial entities falling under the scope of the updated Guidelines have a transitional period of two years to review and amend their existing third-party arrangements (TPA) and to update the register for non-ICT TPA.

    Consultation process

    Comments to the consultation paper can be sent by clicking on the “send your comments” button on the EBA’s consultation page. The deadline for the submission of comments is 8 October 2025.

    The EBA will hold a virtual public hearing on 5 September from 09:00 to 13:00 – Paris time. The EBA invites interested stakeholders to register using this link by 1 September (16:00 CEST). The dial-in details will be communicated to those who have registered for the meeting.

    All contributions received will be published following the end of the consultation, unless requested otherwise.

    Legal basis

    The draft Guidelines have been developed in accordance with Article 74 of Directive 2013/36/EU which mandates the EBA to further harmonise institutions’ governance arrangements, processes and mechanisms across the EU. Article 11 of Directive (EU) 2015/2366/EU (PSD2), Article 26 of Directive 2019/2034/EU (IFD), Article 16 of Directive (EU) 2014/65 (MiFID II), Article 34 of Regulation (EU) 2023/1114 (MiCAR) and Article 16 of Regulation (EU) No 1093/2010 have also been taken into account.

    MIL OSI Europe News

  • MIL-OSI: Lucinity Achieves Microsoft Certified Software for Financial AI

    Source: GlobeNewswire (MIL-OSI)

    REYKJAVIK, Iceland, July 08, 2025 (GLOBE NEWSWIRE) — Lucinity, a leading provider of anti-financial crime software, announced today that its platform is now officially recognized as Microsoft Certified Software for Financial AI. This certification confirms that Lucinity meets Microsoft’s rigorous requirements for technical quality, security, and interoperability within the Azure ecosystem.

    The Microsoft certification process evaluated Lucinity’s architecture, security model, and interoperability. Lucinity’s infrastructure follows Azure’s best practices, ensuring that customer data is always accessed and processed through secure, access-controlled pathways. Interoperability with Microsoft environments enables institutions to easily connect existing systems and tools—such data sources or analytics platforms—with Lucinity’s software, removing integration barriers and accelerating time to value.

    “This certification reflects our commitment to helping financial institutions fight financial crime with trusted, innovative AI,” said Guðmundur Kristjánsson (GK), founder and CEO of Lucinity. “Built on Microsoft Azure, our platform has been tested, certified, and proven to meet the high standards expected by the world’s leading banks. This certification gives our customers confidence that Lucinity is secure, scalable, and ready to integrate seamlessly into their existing infrastructure.”

    Lucinity provides a complete FinCrime operating system that combines intelligent automation with core compliance capabilities. The platform includes Case Manager for unified alert and investigation workflows, Transaction Monitoring with configurable scenario detection, Customer 360 for enriched intelligence, Regulatory Reporting for efficient SAR filing, and the Luci AI Agent.

    The Luci AI Agent leverages Azure’s advanced Large Language Models in a multi-LLM framework to deliver explainable, audit-ready automation. Its AI skills—such as case summarization, money flow analysis, and adverse media search—can be easily configured via the no-code Luci Studio. These capabilities are also accessible through the Luci AI Agent plugin, which brings AI directly into familiar enterprise tools like Excel, CRM systems, and case managers without the need for complex integrations. Together, these components provide a seamless, scalable infrastructure for fighting financial crime with speed, accuracy, and confidence.

    Lucinity is also available through the Microsoft Azure Marketplace, allowing financial institutions to purchase and deploy the platform using existing cloud commitments while streamlining procurement. A recent deployment through the Marketplace with a global financial services provider—specializing in cross-border payments for millions of businesses—demonstrates Lucinity’s enterprise-ready architecture.

    With this certification, Lucinity reinforces its position as a trusted partner for financial institutions seeking intelligent, interoperable, and secure AI solutions for fighting financial crime.

    About Lucinity

    Lucinity is a Reykjavík-based software company founded in 2018. It helps banks, fintechs, and payment companies fight financial crime with greater speed and efficiency. Lucinity’s FinCrime operating system includes Case Manager, Customer 360, Transaction Monitoring, Regulatory Reporting, and the AI Agent Luci—working together to reduce investigation time from hours to minutes.

    The platform is user-friendly, configurable, and self-serve, helping compliance teams improve productivity, cut costs, and make auditable, explainable decisions. Lucinity’s customers include Visa, Trustly, Tandem Bank, Finshark, and Arion Bank. Lucinity also invests in AI innovation through Lucinity Labs, which holds patents in federated learning and PII encryption.

    Contact
    celina@lucinity.com

    The MIL Network

  • MIL-OSI: Bitcoin Solaris Advances Toward Market Launch with Strategic Exchange and Rollback Update

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, July 08, 2025 (GLOBE NEWSWIRE) — Bitcoin Solaris (BTC-S), a next-generation blockchain project focused on speed, decentralization, and mobile accessibility, has announced its confirmed listing on global cryptocurrency exchange LBank. To mark this milestone, the project has launched a limited-time rollback event, temporarily reducing the token price to $5, significantly below its final listing price of $20.

    As digital asset adoption continues to accelerate globally, Bitcoin Solaris is gaining traction for its performance-driven architecture and mobile-first approach. With its dual-consensus framework and high-speed transaction capabilities, BTC-S is positioning itself as a user-centric platform designed to support the next wave of scalable blockchain innovation.

    Bitcoin Solaris: The Tech and the Mission

    Bitcoin Solaris positions itself as a forward-compatible evolution of Bitcoin’s original principles. It introduces a powerful dual-consensus structure combining Proof-of-Work and delegated proof-of-stake, delivering decentralized security and lightning-speed transaction finality. While Bitcoin takes minutes to settle, BTC-S hits confirmation in just 2 seconds with over 10,000 TPS achieved in testing. That’s not a theory; it’s already running.

    Its architecture is built on two layers:

    • The Base Layer, secured by traditional mining for decentralization.
    • The Solaris Layer, optimized with fast block production and validator rotation.

    This design ensures resilience during high load periods and keeps energy use 99.95 percent lower than Bitcoin.

    Additional highlights:

    • Cross-chain bridge infrastructure in development.
    • Smart contract compatibility enabling future DeFi tools.
    • Adaptive mobile mining logic integrated into the upcoming Solaris Nova app.

    These are not buzzwords. They are features shaping a scalable, user-first financial layer that aims to outperform legacy networks.

    Mobile Mining: Wealth in Your Pocket

    What makes Bitcoin Solaris radically different is how it brings mining to the people. With the upcoming Solaris Nova app, users will be able to mine directly from their smartphones using optimized, battery-safe processes. You can track your projected profits through the Solaris mining calculator and see how much power you’re stacking without expensive hardware.

    This concept changes the game:

    • No rigs required.
    • No massive electricity bills.
    • No technical knowledge barrier.

    It opens up digital wealth building to over 3 billion smartphone users.

    Community, Validation, and Real Influencer Buzz

    With more than 13,900 unique users already involved and over $6.3 million raised, Bitcoin Solaris is proving it isn’t just hype. Detailed reviews from major influencers add to the excitement:

    • Token Galaxy breaks down how BTC-S delivers utility that aligns with mobile-first scalability.
    • Crypto Show dives into the performance benchmarks and community potential.

    There’s also growing buzz on social platforms like Telegram and X, where early adopters are rallying around the project. And let’s not forget the security angle. Bitcoin Solaris is fully audited by Cyberscope and Freshcoins, delivering peace of mind to even the most cautious investors.

    Say Goodbye to Slow Chains BTC-S Moves at 10,000 TPS

    The Presale: Rollback, Rewards, and Rare Timing

    BTC-S is currently in phase 11 of its presale at a price of $11 per token, with a confirmed launch price of $20. That’s a 150 percent return for those who act now. But what’s driving the real excitement is the new Rollback Event. For a limited time only, Bitcoin Solaris has slashed the price down to $5, creating what many are calling the final entry opportunity before the big run.

    This isn’t marketing fluff. The numbers are there:

    To receive your tokens on launch day, Bitcoin Solaris recommends using Trust Wallet or Metamask for seamless delivery.

    It’s also worth noting that this might be the shortest explosive presale we’ve seen in the 2024-2025 cycle.

    A Strategic Future with Flexible Architecture

    Bitcoin Solaris isn’t just racing for attention. It’s building a long-term foundation with cutting-edge mechanics that include:

    • Validator rotation for enhanced decentralization.
    • 2-second finality combined with smart contract triggers.
    • Cross-chain bridges enabling asset transfers across ecosystems.

    With bitcoinsolaris.com becoming a hub for updates and new development rollouts, BTC-S is rapidly positioning itself as more than just a coin. It’s a decentralized operating layer built for today’s pace.

    Final Verdict

    The market is shifting. The real innovation is happening with projects like Bitcoin Solaris. With fast finality, real-world mobile mining, and a limited-time rollback opportunity, BTC-S is capturing both the technical edge and community momentum.

    Early investors are not just betting on a coin. They’re backing a smarter system designed for performance, accessibility, and long-term growth. While others speculate on the next bull cycle, Bitcoin Solaris is building it.

    For more information on Bitcoin Solaris:
    Website: https://www.bitcoinsolaris.com/
    Telegram: https://t.me/Bitcoinsolaris
    X: https://x.com/BitcoinSolaris

    Media Contact:
    Xander Levine
    press@bitcoinsolaris.com
    Press Kit: Available upon request

    Disclaimer: This content is provided by Bitcoin Solaris. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/f5f00294-eeff-472b-a624-c3c4c3ab577d

    https://www.globenewswire.com/NewsRoom/AttachmentNg/68c308e9-82fe-477c-bcd8-4da7f147da55

    https://www.globenewswire.com/NewsRoom/AttachmentNg/a3158611-efd9-40d4-82ba-255efbc58e2b

    https://www.globenewswire.com/NewsRoom/AttachmentNg/8c80667e-f243-4b18-ab06-fd66527085ed

    The MIL Network

  • MIL-OSI: RTI and Kinova Partner to Integrate Intelligent Connectivity into Medical Robotics

    Source: GlobeNewswire (MIL-OSI)

    SUNNYVALE, Calif., July 08, 2025 (GLOBE NEWSWIRE) — Real-Time Innovations (RTI), the software framework company for physical AI systems, today announced its partnership with Kinova, a global leader in professional and medical robotics. This collaboration will provide seamless integration of advanced robotic technologies with data-centric connectivity to simplify and accelerate product lifecycles, reduce program risk, and redefine what is possible in a new era of physical AI in advanced systems such as surgical robotics.

    Building on the extensive experience of both companies in robotics and intelligent and distributed systems, the integration of RTI Connext® with Kinova simplifies and accelerates the design of next-generation platforms. This collaboration enables the integration of robotics into a larger digital ecosystem that integrates visualization, AI, sensing, with real-time data interoperability. Recently both RTI and Kinova were announced as participants in NVIDIA’s Isaac for Healthcare program.

    This collaboration will be on display during a joint remote teleoperation demo in booth #065 at the Surgical Robotics Society Annual Meeting in Strasbourg, France from July 16-20, 2025. Developed in collaboration with MedAcuity, the demo allows attendees to use a haptic controller to manipulate a Kinova robotic arm located 3,000 miles away.

    “This partnership reinforces our mission to accelerate the development of innovative, high-performance medical robotic systems,” said François Boucher, Vice President of Business Development at Kinova. “By combining Kinova’s expertise in surgical-grade robotics with RTI’s real-time connectivity framework, we’re enabling our customers to bring next-generation solutions to market faster and with greater confidence.”

    “Our customers are solving the incredibly complex technical challenges that live at the intersection of robotics, connectivity, and AI,” said Bob Leigh, Senior Director of Commercial Markets at RTI. “This collaboration gives them the infrastructure to focus on innovation—whether that’s enabling teleoperation, improving operational precision, or accelerating integration across diverse hardware and software environments.”

    To learn more about RTI for advanced robotics, please visit our site.

    About Kinova
    Kinova accelerates the journey to market for medical robotics companies by offering both off-the-shelf and tailored solutions for the development and production of medical-grade robotic systems. Through state-of-the-art medical arms, actuators, tool drives, and expert product development services, Kinova enables its customers to enhance their value proposition and bring innovative, high-quality solutions to life. Learn more at www.kinovarobotics.com.

    About RTI
    RTI is the software framework company for physical AI systems, with a mission to run a smarter world. RTI Connext® provides the data architecture for over 2,000 designs in Aerospace and Defense, Medtech, Automotive, and Robotics – running in more than $1T of total deployed systems worldwide. Only RTI combines decades of technical expertise with industry-leading software and tools to develop smarter systems, faster. Learn more at www.rti.com.

    Media Contacts:
    Tiffany Yang
    Public Relations, RTI

    The MIL Network

  • MIL-OSI: Intermex Launches a new Remittance-as-a-Service (RaaS) Platform to Help Businesses Simplify Cross-Border Payments

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, July 08, 2025 (GLOBE NEWSWIRE) — International Money Express, Inc. (NASDAQ: IMXI) (“Intermex” or the “Company”), a leading money remittance provider to Latin America and the Caribbean, today announced the launch of its fully redesigned Remittance-as-a-Service (RaaS) platform. The upgraded service gives businesses a straightforward way to embed fast, secure cross-border money transfers into their own customer experiences.

    A growing number of companies – from innovative U.S. fintechs to well-established payment providers – are already harnessing Intermex’s Remittance-as-a-Service platform to unlock new cross-border revenue streams.

    Through Intermex’s RaaS platform, companies can introduce their own branded person-to-person and business-to-person payment services to eligible markets including Mexico, Guatemala, Honduras, the Dominican Republic, and El Salvador, as well as select countries in Southeast Asia, the European Union, and Africa.

    “Businesses want to innovate and expand quickly, but hurdles like technology development, licensing, and regulatory compliance often slow them down,” said Marcelo Theodoro, Chief Digital, Product & Marketing Officer at Intermex. “Our RaaS platform helps remove those barriers, giving partners a turnkey solution built on decades of experience and one of the strongest payout networks in Latin America.”

    The enhanced platform offers a customizable system that lets businesses create branded customer experiences across WhatsApp, mobile apps, and the web. The service is supported by appropriate licensing across U.S. jurisdictions, incorporating required know your customers and anti-money laundry compliance measures. Companies gain access to one of the largest payout networks in Latin America, supporting cash pickups, home deliveries, and direct bank deposits. The solution also provides integrated payment services, merchant account management, chargeback support, and advanced anti-fraud tools. Additionally, partners benefit from 24/7 bilingual customer support, business insights, and ongoing strategic guidance.

    “Our partners don’t have to build everything from scratch,” Theodoro added. “Through a simple API, we provide the infrastructure, licenses, payout networks, and even the support teams they need. Whether you’re a fintech, an employer, or a loyalty platform, we’re ready to help businesses move money across borders.”

    Companies interested in partnering with Intermex can learn more at www.intermexonline.com/partner-with-us#/.

    About Intermex
    Founded in 1994, Intermex applies proprietary technology to facilitate money transfers from select locations including the United States, Canada, Spain, Italy, the United Kingdom, and Germany to more than 60 countries, where available and subject to applicable regulations. The company facilitates digital money movement through its website and mobile app, as well as through a vast network of retail agents and company-operated stores. Headquartered in Miami, Florida, Intermex also operates international offices in Puebla, Mexico; Guatemala City, Guatemala; London, England; and Madrid, Spain. Learn more at www.intermexonline.com.

    Investor Relations Contact:
    Alex Sadowski
    Investor Relations Coordinator
    ir@intermexusa.com
    305-671-8000

    The MIL Network

  • MIL-OSI: Sergei Guriev, Dean of London Business School, Joins the Group of Thirty

    Source: GlobeNewswire (MIL-OSI)

    WASHINGTON and LONDON, July 08, 2025 (GLOBE NEWSWIRE) — London Business School is pleased to announce that Professor Sergei Guriev, the School’s Dean, has joined The Group of Thirty (G30).

    Sergei Guriev brings a unique breadth of expertise, in areas ranging from corporate governance and contract theory to political economics, labor mobility, and the economics of development and transition. He is currently Dean of London Business School, Research Fellow at the Centre for Economic Policy Research, Senior Member of the Institut Universitaire de France, and a Global Member of the Trilateral Commission. Guriev previously served as Professor of Economics and Provost at Sciences Po, Paris and Chief Economist at the European Bank for Reconstruction and Development. He was earlier Rector of the New Economic School in Moscow from 2004-2013, and served on various Russian councils including the Commission on Open Government.

    The Group of Thirty, founded in 1978, is an independent global body comprised of economic and financial leaders from the public and private sectors and academia. It aims to deepen understanding of economic and financial issues, and of the international repercussions of decisions taken in the public and private sectors. Members participate in the Group in their personal capacities, not on behalf of any organization, public or private, to which they may be affiliated. A full list of current G30 members is available at http://group30.org/members.

    Tharman Shanmugaratnam, Chair of the Board of Trustees, stated: “We are delighted to welcome Sergei into the Group of Thirty. He brings an outstanding record in academia, unique insights on economies at various stages of advancement, and political economy. He will be a valuable addition to our debates.”

    Raghuram Rajan, Chair of the G30, said: “I look forward to Sergei’s contributions to the Group’s meetings and work program. His background and research on geo-politics and corruption, as well as his exemplary contributions to public service, will no doubt expand the Group’s discussions as we navigate an increasingly polarized and volatile world.”

    Sergei Guriev stated: “I thank Tharman, Raghu, and the G30 for the offer of membership. I’m honored to be part of the Group and look forward to actively contributing in the years to come on shared priorities and concerns.”

    For media enquiries, contact Christopher Moseley on +44 7511 577803 / email cmoseley@london.edu.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6fe8db0e-0fd1-45e6-a6af-90881cafeeb3

    The MIL Network

  • MIL-OSI: NXP Semiconductors Announces Conference Call to Review Second Quarter 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    EINDHOVEN, The Netherlands, July 08, 2025 (GLOBE NEWSWIRE) — NXP Semiconductors N.V. (NASDAQ: NXPI) today announced it will release financial results for the second quarter 2025 after the close of normal trading on the NASDAQ Global Select Market on Monday, July 21, 2025. The company will host a conference call with the financial community on Tuesday, July 22, 2025, at 8:00 a.m. U.S. Eastern Daylight Time (EDT).

    Earnings Conference Call Details 
    Interested parties may pre-register for the webcast or obtain a user-specific access code to join the live conference call.

    A replay of the call will be available via webcast for on-demand listening shortly after the completion of the call.

    About NXP Semiconductors 

    NXP Semiconductors N.V. (NASDAQ: NXPI) is the trusted partner for innovative solutions in the automotive, industrial & IoT, mobile, and communications infrastructure markets. NXP’s “Brighter Together” approach combines leading-edge technology with pioneering people to develop system solutions that make the connected world better, safer, and more secure. The company has operations in more than 30 countries and posted revenue of $12.61 billion in 2024. Find out more at www.nxp.com.

    NXP-CORP 

    The MIL Network

  • MIL-Evening Report: Academic slams NZ government over ‘compromised’ foreign policy

    Asia Pacific Report

    A prominent academic has criticised the New Zealand coalition government for compromising the country’s traditional commitment to upholding an international rules-based order due to a “desire not to offend” the Trump administration.

    Professor Robert Patman, an inaugural sesquicentennial distinguished chair and a specialist in international relations at the University of Otago, has argued in a contributed article to The Spinoff that while distant in geographic terms, “brutal violence in Gaza, the West Bank and Iran marks the latest stage in the unravelling of an international rules-based order on which New Zealand depends for its prosperity and security”.

    Dr Patman wrote that New Zealand’s founding document, the 1840 Treaty of Waitangi, emphasised partnership and cooperation at home, and, after 1945, helped inspire a New Zealand worldview enshrined in institutions such as the United Nations and norms such as multilateralism.

    Professor Robert Patman . . . “Even more striking was the government’s silence on President Trump’s proposal to own Gaza with a view to evicting two million Palestinian residents.” Image: University of Otago

    “In the wake of Hamas’ terrorist attacks in Israel on October 7, 2023, the National-led coalition government has in principle emphasised its support for a lasting ceasefire in Gaza and the need for a two-state solution to the Israeli-Palestinian conflict over the occupied territories of East Jerusalem, Gaza and the West Bank,” he wrote.

    However, Dr Patman said, in practice this New Zealand stance had not translated into firm diplomatic opposition to the Netanyahu government’s quest to control Gaza and annex the West Bank.

    “Nor has it been a condemnation of the Trump administration for prioritising its support for Israel’s security goals over international law,” he said.

    Foreign minister Winston Peters had described the situation in Gaza as “simply intolerable” but the National-led coalition had little specific to say as the Netanyahu government “resumed its cruel blockade of humanitarian aid to Gaza in March and restarted military operations there”.

    Silence on Trump’s ‘Gaza ownership’
    “Even more striking was the government’s silence on President Trump’s proposal to own Gaza with a view to evicting two million Palestinian residents from the territory and the US-Israeli venture to start the Gaza Humanitarian Foundation (GHF) in late May in a move which sidelined the UN in aid distribution and has led to the killing of more than 600 Palestinians while seeking food aid,” Dr Patman said.

    While New Zealand, along with the UK, Australia, Canada and Norway, had imposed sanctions on two far-right Israeli government ministers, Bezalel Smotrich and Itamar ben Gvir, in June for “inciting extremist violence” against Palestinians — a move that was criticised by the Trump administration — it was arguably a case of very little very late.

    “The Hamas terror attacks on October 7 killed around 1200 Israelis, but the Netanyahu government’s retaliation by the Israel Defence Force (IDF) against Hamas has resulted in the deaths of more than 56,000 Palestinians — nearly 70 percent of whom were women or children — in Gaza.

    Over the same period, more than 1000 Palestinians had been killed in the West Bank as Israel accelerated its programme of illegal settlements there.

    ‘Strangely ambivalent’
    In addition, the responses of the New Zealand government to “pre-emptive attacks” by Israel (13-25 June) and Trump’s United States (June 22) against Iran to destroy Iran’s nuclear capabilities were strangely ambivalent.

    Despite indications from US intelligence and the International Atomic Energy Agency (IAEA) that Iran had not produced nuclear weapons, Foreign Minister Peters had said New Zealand was not prepared to take a position on that issue.

    Confronted with Trump’s “might is right” approach, the National-led coalition faced stark choices, Dr Patman said.

    The New Zealand government could continue to fudge fundamental moral and legal issues in the Middle East and risk complicity in the further weakening of an international rules-based order it purportedly supports, “or it can get off the fence, stand up for the country’s values, and insist that respect for international law must be observed in the region and elsewhere without exception”.

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