Category: Europe

  • MIL-OSI Russia: Chinese-Kyrgyz cooperation has great potential – Xi Jinping /more details/

    Translation. Region: Russian Federal

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

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

    ASTANA, June 17 (Xinhua) — Chinese President Xi Jinping on Tuesday said cooperation between China and Kyrgyzstan has great potential, calling on the two countries to increase trade and investment and expand cooperation in developing sectors.

    Xi Jinping made the statement at a meeting with Kyrgyz President Sadyr Japarov on the sidelines of the second China-Central Asia summit in the Kazakh capital Astana.

    Since the establishment of diplomatic relations 33 years ago, Chinese-Kyrgyz ties have developed rapidly and are now at the highest level in their entire history, Xi Jinping noted.

    He recalled the fruitful meeting with S. Japarov in February in Beijing. During the talks, a number of important consensuses were reached, giving a new and powerful impetus to bilateral cooperation.

    China is willing to work with Kyrgyzstan to continuously deepen the alignment of development strategies, continue to firmly support each other on issues concerning their core interests and major concerns, and safeguard the common and long-term interests of both sides, Xi said.

    Xi Jinping called on the two sides to deepen financial cooperation, improve connectivity networks and promote high-quality construction of the China-Kyrgyzstan-Uzbekistan railway.

    He also called on both sides to stimulate new growth factors in clean energy, green minerals and artificial intelligence, strengthen exchanges in areas such as culture, tourism, education and health care, and implement more projects to benefit the peoples of the two countries.

    Xi Jinping stressed that China and Kyrgyzstan are beneficiaries of economic globalization, and called on the two sides to jointly oppose unilateralism, firmly safeguard the international economic and trade order, and promote the building of a more fair and equitable global governance system.

    Recalling that China and Kyrgyzstan will take turns chairing the Shanghai Cooperation Organization (SCO) and hosting summits, Xi Jinping said Beijing is ready to work with Bishkek to support each other and jointly promote the further development of the SCO.

    For his part, S. Japarov said that under the outstanding leadership of Chairman Xi Jinping, China is moving along the path of prosperity and strength, achieving great achievements and playing an important leadership role in the international arena.

    The Kyrgyz side attaches great importance to the development of relations with China and values strategic partnership based on mutual respect, equality and mutual benefit, as well as good-neighborly friendship, he said.

    According to him, the Kyrgyz side firmly supports China in matters concerning its fundamental interests, adheres to the one-China principle, and also opposes any form of “Taiwan independence” and any interference by external forces in the country’s internal affairs.

    Noting that China is Kyrgyzstan’s largest trade and investment partner, the President indicated that the Kyrgyz side invites more Chinese companies to do business in Kyrgyzstan and is ready to work with China to jointly advance projects such as the China-Kyrgyzstan-Uzbekistan railway, strengthen cooperation in energy, green minerals and other areas for the benefit of the peoples of the two countries.

    Bishkek actively supports three important global initiatives put forward by Chairman Xi Jinping and is ready to cooperate with Beijing for their joint implementation, said S. Japarov.

    He added that Kyrgyzstan will closely coordinate positions and cooperate with China within the framework of the UN, SCO and the China-Central Asia mechanism to promote regional and global security, stability, development and prosperity.

    Following the meeting, the two heads of state attended a signing ceremony for a number of bilateral cooperation documents covering agriculture, customs, science and technology, media and other areas. –0–

    MIL OSI Russia News

  • MIL-OSI United Kingdom: UK-Ukraine TechBridge: London Tech Week 2025 Communiqué

    Source: United Kingdom – Executive Government & Departments

    News story

    UK-Ukraine TechBridge: London Tech Week 2025 Communiqué

    UK-Ukraine TechBridge Investment Accelerator at London Tech Week 2025

    9 – 11 June 2025 

    During London Tech Week, UK Government, in collaboration with 1991 Ventures and Ukraine’s Ministry of Digital Transformation (MDT), strengthened the UK-Ukraine bilateral relationship through a series of key meetings and events under the UK-Ukraine TechBridge programme, a component of the 100 Year Partnership agreement. 

    9 June 

    On the Startup Stage at London Tech Week, the UK-Ukraine TechBridge Investment Accelerator project concluded with a pitching session. Ukrainian Deputy Minister for Digital Transformation, Oleksandr Bornyakov (MDT), and Denis Gursky of 1991 Ventures joined Rodney Berkeley, Director of Infrastructure and Technology at the Department for Business & Trade (DBT), in delivering opening remarks. Pitches were delivered by 11 high potential Ukrainian tech start-ups providing innovative solutions from databases to support clinical trials, AI-powered Software as a Service (SaaS), and direct air carbon capture technology for agriculture. The Investment Accelerator project aimed at upskilling Ukrainian tech founders to scale up their businesses in the UK. 

    10 June 

    A breakfast event was hosted by the Embassy of Ukraine focused on promoting Ukraine’s CodeUA (B2B platform) initiative and connecting highly skilled Ukrainian tech companies with global business representatives. The event provided valuable insights into Ukraine’s tech ecosystem and facilitated new, collaborative opportunities for those wanting to invest in innovative, and secure technology partnerships. 

    The day concluded with an evening reception at the London Stock Exchange Group, supported by the UK-Ukraine TechBridge and DiiaCity Utd. This event celebrated the global potential of Ukraine’s tech ecosystem, bringing together Ukrainian and UK government representatives, investors, tech companies, and thought leaders to deepen cooperation between our two nations.

    Updates to this page

    Published 17 June 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Local government reorganisation: letter to the leaders of the borough councils of Reigate and Banstead, and Crawley

    Source: United Kingdom – Executive Government & Departments

    Correspondence

    Local government reorganisation: letter to the leaders of the borough councils of Reigate and Banstead, and Crawley

    Letter to the council leaders about their joint submission for unitary local government.

    Applies to England

    Documents

    Letter to the leaders of the borough councils of Reigate and Banstead and Crawley

    Request an accessible format.
    If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email alternativeformats@communities.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

    Details

    On 17 June 2025, the Minister of State for Local Government and English Devolution, Jim McMahon MP OBE, wrote to the leaders of the borough councils of Reigate and Banstead, and Crawley to inform them that their joint submission would not be consulted upon as part of the Surrey local government reorganisation consultation.

    Updates to this page

    Published 17 June 2025

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    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Local government reorganisation: letter to Surrey council leaders

    Source: United Kingdom – Executive Government & Departments

    Correspondence

    Local government reorganisation: letter to Surrey council leaders

    Letter to inform council leaders of the launch of the Surrey local government reorganisation consultation.

    Applies to England

    Documents

    Letter to Surrey council leaders

    Request an accessible format.
    If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email alternativeformats@communities.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

    Details

    On 17 June 2025, the Minister of State for Local Government and English Devolution, Jim McMahon MP OBE, wrote to the leaders of Surrey councils to inform them of the launch of the Surrey local government reorganisation consultation.

    Updates to this page

    Published 17 June 2025

    Sign up for emails or print this page

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Help shape the future of your local Healthwatch service 17 June 2025 Your voice matters — help shape the future of your local Healthwatch service

    Source: Aisle of Wight

    Islanders are being encouraged to take part in a new survey that will help shape how Healthwatch services are provided on the Isle of Wight in the years ahead.

    The Isle of Wight Council is preparing to award a new contract for the delivery of this important statutory service, as the current arrangement is due to end on 31 December 2025.

    Before that happens, the council wants to hear from local people about what they expect from their Healthwatch service — and how it should be delivered.

    What is Healthwatch?

    Healthwatch is the independent voice for people who use health and social care services. It listens to the experiences of residents, shares that feedback with those in charge, and helps ensure services are meeting the needs of the community.

    From helping someone find the right support for a loved one, to advising on how to make a complaint, or simply passing on praise for a job well done, Healthwatch plays a vital role in making sure local services work for the people who use them.

    It also provides clear, accessible information and advice to help residents understand their options and make informed decisions about their care. In some cases, Healthwatch can even recommend that national bodies such as the Care Quality Commission (CQC) carry out formal reviews or investigations.

    Why your views matter

    The council is keen to ensure that the next Healthwatch contract reflects the needs and priorities of the Island’s diverse communities. To do that, they need to hear directly from the people who live here.

    “We hope to get a clear picture of what the public expect from their local Healthwatch service,” said Laura Gaudion, the council’s strategic director for adult social care and housing.

    “This isn’t just a tick-box exercise — it’s about listening to the people who use health and care services every day and making sure their voices shape how the next service is designed.

    “Whether it’s about how easy it is to get advice, how well feedback is acted upon, or how visible and approachable the service is in our communities, we want to hear it all.

    “The more people who take part, the better we can ensure the new Healthwatch provider truly reflects the needs and priorities of Islanders.”

    Whether you’ve used Healthwatch before or not, your views are valuable.

    The survey asks about how you’ve heard of Healthwatch, whether you’ve used its services, and how you’d prefer to engage with it in future. It also invites suggestions for improvement and gives you the chance to share your own experiences.

    How to take part

    The survey is available online via the Isle of Wight Council’s website, and paper copies can be picked up at libraries across the Island. The closing date for comments is 11 August 2025.

    It only takes a few minutes to complete, and all responses will be treated in confidence.

    Photo: Getty Images

    MIL OSI United Kingdom

  • MIL-OSI Canada: Prime Minister Carney meets with Secretary General of NATO Mark Rutte

    Source: Government of Canada – Prime Minister

    Today, the Prime Minister, Mark Carney, met with the Secretary General of the North Atlantic Treaty Organization (NATO), Mark Rutte, at the 2025 G7 Leaders’ Summit in Kananaskis, Alberta.

    Prime Minister Carney shared his government’s plan to rebuild, rearm, and reinvest in the Canadian Armed Forces – meeting the NATO 2 per cent target this year and accelerating those investments in the years to come.

    Prime Minister Carney emphasized the new government’s mandate to assert Canada’s sovereignty and increase collaboration with the NATO Alliance. The leaders discussed trans-Atlantic security and helping Ukraine achieve a just and lasting peace, including through the provision of military assistance.

    The Prime Minister looked forward to meeting again with the Secretary General at the upcoming NATO Summit in The Hague, the Netherlands, from June 24 to 25.

    Associated Link

    MIL OSI Canada News

  • MIL-OSI Security: Man charged with attempted rape

    Source: United Kingdom London Metropolitan Police

    Met Detectives investigating an attempted rape at a cinema in Finchley Road have charged a man.

    On Tuesday, 17 June, Cyrille Henri Moreau, 67 (05.02.1958) of Ainger Road, Camden, was charged with attempted rape.

    He had been arrested the previous day.

    Moreau has been remanded into custody to appear at Highbury Corner Magistrates’ Court the morning of Wednesday, 18 June.

    This relates to an incident on Wednesday, 11 June.

    MIL Security OSI

  • MDNIY launches ‘Yoga Bandhan’ to celebrate global unity ahead of IDY 2025

    Source: Government of India

    Source: Government of India (4)

    The Morarji Desai National Institute of Yoga (MDNIY), under the Ministry of Ayush, kicked off the global initiative ‘Yoga Bandhan’ today, marking a significant milestone in the lead-up to the International Day of Yoga (IDY) 2025. As one of the 10 Signature Events for IDY 2025, the program underscores India’s commitment to fostering global collaboration through yoga, promoting cultural exchange, academic dialogue, and holistic well-being.

    The inaugural event brought together yoga ambassadors from 15 countries, including academicians, practitioners, studio founders, authors, and wellness experts. Held at MDNIY’s campus in Delhi, ‘Yoga Bandhan’ served as a platform to strengthen institution-to-institution partnerships and showcase India’s leadership in global yoga diplomacy.

    In his keynote address, Vaidya Rajesh Kotecha, Secretary, Ministry of Ayush, emphasized yoga’s universal appeal, noting that 95% of India’s population is aware of Ayush systems, with 35% actively practicing yoga, according to National Sample Survey Office (NSSO) data. “Yoga has found resonance across the globe,” he said, highlighting initiatives like Harit Yoga, Yoga Connect, and Samyoga under IDY 2025. He revealed that over 3.3 lakh yoga events have already been organized worldwide, with projections of reaching 5 lakh by June 21, 2025.

    Kotecha also discussed upgrades to the Yoga Certification Board (YCB) to meet the rising demand for certified yoga professionals globally, inviting international delegates to collaborate with YCB for mutual growth.

    Nandini Singla, Director General of the Indian Council for Cultural Relations (ICCR), lauded the international dignitaries, calling them “voices of peace and harmony.” She highlighted yoga’s role in India’s cultural diplomacy, citing demonstrations by foreign dignitaries at iconic Indian locations like Delhi, Varanasi, Jodhpur, and Jaipur. Singla proposed introducing short-term yoga courses for international visitors to further promote cultural exchange.

    Monalisa Dash, Joint Secretary, Ministry of Ayush, described IDY as a global movement that unites millions in pursuit of health and harmony. “The theme of IDY 2025 reflects the Indian philosophy of *Vasudhaiva Kutumbakam*—the world is one family,” she said, emphasizing yoga’s universal relevance.

    Dr. Kashinath Samagandi, Director of MDNIY, welcomed the global gathering, stating, “Yoga Bandhan reflects India’s commitment to sharing yoga’s timeless wisdom, fostering humanity’s shared bonds through its unifying power.”

    The event featured a guided tour of MDNIY’s campus, an interactive session on yoga communication, and a cultural yoga fusion performance by MDNIY students. Delegates explored opportunities for collaboration in yoga research, education, and training.

    Notable international delegates included Josh Pryor (President & CEO, Yoga Australia), Prof. Danilo Forghieri Santaella (University of São Paulo, Brazil), Yin Yan (Founder, Yogi Yoga, China), and Vidya Volkova (Director, Shakti Yoga Studio, Kazakhstan), among others.

    Over the coming days, these ambassadors will engage in cultural immersions, institutional visits, and policy dialogues, culminating in the grand IDY 2025 celebrations on June 21, 2025.

  • MDNIY launches ‘Yoga Bandhan’ to celebrate global unity ahead of IDY 2025

    Source: Government of India

    Source: Government of India (4)

    The Morarji Desai National Institute of Yoga (MDNIY), under the Ministry of Ayush, kicked off the global initiative ‘Yoga Bandhan’ today, marking a significant milestone in the lead-up to the International Day of Yoga (IDY) 2025. As one of the 10 Signature Events for IDY 2025, the program underscores India’s commitment to fostering global collaboration through yoga, promoting cultural exchange, academic dialogue, and holistic well-being.

    The inaugural event brought together yoga ambassadors from 15 countries, including academicians, practitioners, studio founders, authors, and wellness experts. Held at MDNIY’s campus in Delhi, ‘Yoga Bandhan’ served as a platform to strengthen institution-to-institution partnerships and showcase India’s leadership in global yoga diplomacy.

    In his keynote address, Vaidya Rajesh Kotecha, Secretary, Ministry of Ayush, emphasized yoga’s universal appeal, noting that 95% of India’s population is aware of Ayush systems, with 35% actively practicing yoga, according to National Sample Survey Office (NSSO) data. “Yoga has found resonance across the globe,” he said, highlighting initiatives like Harit Yoga, Yoga Connect, and Samyoga under IDY 2025. He revealed that over 3.3 lakh yoga events have already been organized worldwide, with projections of reaching 5 lakh by June 21, 2025.

    Kotecha also discussed upgrades to the Yoga Certification Board (YCB) to meet the rising demand for certified yoga professionals globally, inviting international delegates to collaborate with YCB for mutual growth.

    Nandini Singla, Director General of the Indian Council for Cultural Relations (ICCR), lauded the international dignitaries, calling them “voices of peace and harmony.” She highlighted yoga’s role in India’s cultural diplomacy, citing demonstrations by foreign dignitaries at iconic Indian locations like Delhi, Varanasi, Jodhpur, and Jaipur. Singla proposed introducing short-term yoga courses for international visitors to further promote cultural exchange.

    Monalisa Dash, Joint Secretary, Ministry of Ayush, described IDY as a global movement that unites millions in pursuit of health and harmony. “The theme of IDY 2025 reflects the Indian philosophy of *Vasudhaiva Kutumbakam*—the world is one family,” she said, emphasizing yoga’s universal relevance.

    Dr. Kashinath Samagandi, Director of MDNIY, welcomed the global gathering, stating, “Yoga Bandhan reflects India’s commitment to sharing yoga’s timeless wisdom, fostering humanity’s shared bonds through its unifying power.”

    The event featured a guided tour of MDNIY’s campus, an interactive session on yoga communication, and a cultural yoga fusion performance by MDNIY students. Delegates explored opportunities for collaboration in yoga research, education, and training.

    Notable international delegates included Josh Pryor (President & CEO, Yoga Australia), Prof. Danilo Forghieri Santaella (University of São Paulo, Brazil), Yin Yan (Founder, Yogi Yoga, China), and Vidya Volkova (Director, Shakti Yoga Studio, Kazakhstan), among others.

    Over the coming days, these ambassadors will engage in cultural immersions, institutional visits, and policy dialogues, culminating in the grand IDY 2025 celebrations on June 21, 2025.

  • MIL-OSI: 74Software Appoints Julia Siepmann as Group Chief Human Resources Officer

    Source: GlobeNewswire (MIL-OSI)

    Press Release

    74Software Appoints Julia Siepmann as Group Chief Human Resources Officer

    Paris, June 17, 2025 – 74Software today announces the appointment of Julia Siepmann as Group Chief Human Resources Officer, effective as of 19th May 2025.

    Julia Siepmann brings over 20-years of global experience in strategic human resources management within technology-driven companies undergoing companywide transformation. Throughout her career, she has demonstrated a strong ability to lead deep cultural evolutions, implement global HR frameworks, and foster inclusive, engaging, and high-performing work environments.

    Prior to joining 74Software, Julia served as Chief Human Resources Officer at Nielsen, Analytics Portfolio Organizations. She previously spent over 15 years at Teradata where she held Global HR leadership roles based in London and Singapore. Known for her thoughtful and structured approach, she has led numerous Global programs focused on HR transformation, employee engagement, and inclusion. Julia is based in London, United Kingdom.

    Patrick Donovan, Chief Executive Officer of 74Software, stated:

    “Julia’s appointment marks an important step in driving our development. We are committed to our team and their development, and her proven leadership and deep expertise in organizational transformation and talent management will be key assets in strengthening our corporate culture and sustaining our growth. We are pleased to welcome her to the executive leadership team.”

    Julia will play a central role in shaping and executing a human resources strategy aligned with 74Software’s development ambitions. Her mission will be to enhance organizational performance by fostering cohesion across entities, supporting talent development, and embedding a company culture rooted in respect, equity, and well-being.

    “I am delighted to be joining 74Software at a pivotal time in its growth as a portfolio company uniting several strong technology brands around shared values and a common culture,” said Julia Siepmann. “In a constantly evolving and competitive environment, HR plays a critical role in supporting this momentum and shaping a compelling, forward-looking employee value proposition. I look forward to contributing to the development of an inclusive, high-performing, and sustainable organization.”

    With this appointment, the Executive Committee of 74Software now comprises 9 members representing 4 nationalities:

    • Patrick Donovan, Chief Executive Officer
    • Éric Bierry, Deputy CEO, CEO of SBS
    • Roland Royer, CEO of Axway
    • Tobias Unger, Chief Financial Officer
    • Xavier Rebeuf, Chief R&D Operations
    • Paul French, Chief of Staff
    • Philippe Buisson, Chief of Integration and Secretary
    • Yann Metz-Pasquier, Chief Strategy Officer
    • Julia Siepmann, Chief Human Resources Officer

    About 74Software

    74Software is an enterprise software group founded through the combination of Axway and SBS – independently operated leaders with unique experience and capabilities to deliver mission-critical software for a data driven world. A pioneer in enterprise integration solutions for 25 years, Axway supports major brands and government agencies around the globe with its core line of MFT, B2B, API, and Financial Accounting Hub products. SBS empowers banks and financial institutions to reimagine tomorrow’s digital experiences with a composable cloud-based architecture that enables deposits, lending, compliance, payments, consumer, and asset finance services and operations to be deployed worldwide. 74Software serves more than 11,000 companies, including over 1,500 financial service customers. To learn more, visit 74Software.com

    Contacts – Investor Relations:

    Arthur Carli – +33 (0)1 47 17 24 65 – acarli@74software.com

    Chloé Chouard – +33 (0)1 47 17 21 78 – cchouard@74software.com

    Attachment

    The MIL Network

  • MIL-OSI Economics: Breaking down the chaos of a seemingly infinite workday

    Source: Microsoft

    Headline: Breaking down the chaos of a seemingly infinite workday

    In our recent 2025 Work Trend Index Annual Report, we charted the emergence of the Frontier Firm—powered by intelligence on tap, run by human-agent teams, and defined by a new role for every employee, the agent boss. These firms are redesigning business processes around AI and agents to scale rapidly, operate with agility, and generate value faster than traditional companies.

    But organizations will never complete their journey to becoming a Frontier Firm by concentrating on process alone. Our research, based on trillions of globally aggregated and anonymized Microsoft 365 productivity signals, reveals a challenging new roadblock: a seemingly infinite workday. 

    AI offers a way out of the mire, especially if paired with a reimagined rhythm of work. Otherwise, we risk using AI to accelerate a broken system. To get a handle on this barrier to transformation, let’s start our infinite workday. 

    The workday often begins before a lot of people are out of bed. By 6 am, many Microsoft 365 users are scanning overflowing inboxes in hopes of getting ahead. Our telemetry data shows:  

    • 40% of people who are online at 6 am are reviewing email for the day’s priorities. 

    • The average worker receives 117 emails daily—most of them skimmed in under 60 seconds. 

    • Mass emails with 20+ recipients are up 7% in the past year, while one-on-one threads are on the decline (-5%). 

    The inbox may still be the front door to work, but too often it opens to a flood of unprioritized chaos. 

    The chaos of the infinite workday

    It starts early, mostly in email, and quickly swells to a focus-sapping flood of messages, meetings, and interruptions. 

    By 8 am, Microsoft Teams overtakes email as the dominant communication channel, shifting the day into high gear.  

    • The average worker receives 153 Teams messages per weekday. 

    • Messages per person are up 6% YOY globally—more than 20% in regions like Central and Eastern Europe, the Middle East, and Africa, and over 15% in the UK and South Korea. 

    Each email or message notification may seem small, but together they can set a frenetic tempo for the day ahead.  

    The most valuable hours of the workday are often ruled by someone else’s agenda. Half (50%) of all meetings take place between 9–11 am and 1–3 pm—precisely when, as research shows, many people have a natural productivity spike in their day, due to their circadian rhythms. But our data reveals that we fill this time with meetings, leaving little room for deep focus. Tuesdays now carry the heaviest meeting load (23%), while Fridays taper to just 16%. Instead of deep work, these prime hours are spent cycling through a carousel of calls. 

    Meetings hijack prime focus time

    Studies show that many people have two natural performance spikes each day, but our data reveals that we fill one of them with meetings, leaving little room for focus work.

    An area chart showing average productivity levels for workers between the hours of 6 am and 12 am, indicating that a high percentage of meetings are often scheduled during peak productivity hours, leaving workers with less time to dedicate to focus work.

    But meetings aren’t the only force fracturing attention. By 11 am—peak productivity for many—message activity also surges, with 54% of users active. According to our telemetry data it’s the most overloaded hour of the day, as real-time messages, scheduled meetings, and constant app switching converge, making focus on any one task nearly impossible. 

    Calendars may show a break in meetings after lunch, but that could also be a mirage. During this time we see Word, Excel, and PowerPoint (WXP) usage surge as employees attempt focus work like writing, analyzing data, and creating decks—but that time is fragmented. Our telemetry data shows that, on average, employees using Microsoft 365 are interrupted every 2 minutes by a meeting, email, or notification. That competing digital noise doesn’t appear on calendars, but as many information workers will likely attest, it’s deeply felt. In fact, our global Work Trend Index survey shows that nearly half of employees (48%)—and more than half of leaders (52%)—say their work feels chaotic and fragmented. 

    The issue isn’t just volume—it’s sprawl. Our data shows that modes of communication are changing, coordination is more complex, and mental load is heavier.  

    • 57% of meetings are ad hoc calls without a calendar invite—and 1 in 10 scheduled meetings are booked at the last minute.  

    • Large meetings (65+ attendees) are the fastest-growing type—likely a result of employees navigating increasingly complex, cross-functional teams. 

    • Nearly a third of meetings now span multiple time zones—up 35% since 2021. 

    • And in the final 10 minutes before a meeting, PowerPoint edits spike 122%—the digital equivalent of cramming before an exam. 

    For many, the workday now feels like navigating chaos—reacting to others’ priorities and losing focus on what matters most. In a time when every hour counts, that drift could quietly drain energy and stall business progress. 

    The shift to the triple peak day that started during the pandemic is no longer a trend—for many, it’s the norm. Today’s workday stretches well into the evening. Our telemetry data shows that meetings after 8 pm are up 16% year over year, with global and flexible teams accounting for much of the increase. And it’s not just meetings: the average employee now sends or receives more than 50 messages outside of core business hours, and by 10 pm, nearly a third (29%) of active workers dive back into their inboxes, pointing to a steady rise in after-hours activity. 

    But “working late” can be experienced differently. A recent study from Microsoft Research found that remote workers often see evening hours as a productive window for quiet catch-up. Hybrid workers, by contrast, are more likely to experience that same time as a source of stress. For managers and leaders, this isn’t just a footnote—it’s a signal that can help set clearer expectations, shape team culture, and better support teams. 

    And for some, this pressure spills into the weekend—making Sunday feel like just another Monday:  

    • Our telemetry data shows a notable bump in weekend email usage. Nearly 20% of employees actively working on the weekend are checking their email before noon on Saturday and Sunday—waking up to work, even on typical days off. And over 5% are back in email on Sunday evenings (6 pm and later)—the Sunday scaries are real and measurable. 

    • And while email patterns mimic the workweek, other apps tell a different story: over the weekend, usage of WXP overtakes Teams messages as employees finally carve out time for uninterrupted focus work. 

    The infinite workday bleeds into evenings and weekends

    Boundaries are eroding as 1 in 3 employees say the pace of work over the past five years makes it impossible to keep up.

    This points to a larger truth: the modern workday for many has no clear start or finish. As business demands grow more complex and expectations continue to rise, time once reserved for focus or recovery may now be spent catching up, prepping, and chasing clarity. It’s the professional equivalent of needing to assemble a bike before every ride. Too much energy is spent organizing chaos before meaningful work can begin.  

    Leaders are feeling the squeeze. With flat budgets and rising pressure to perform, 1 in 3 employees in our global Work Trend Index survey responded that the pace of work over the past five years has made it impossible to keep up. The signals are clear: it’s time to break the cycle. The future of work won’t be defined by how much drudgery we automate, but by what we choose to fundamentally reimagine. AI can give us the leverage to redesign the rhythm of work, refocus our teams on new and differentiating work, and fix what has become a seemingly infinite workday. The question isn’t whether work will change. It’s whether we will. 

    Adopting AI isn’t enough. What you need now is a Frontier Firm mindset—one that questions how time is spent, how work gets done, and what truly drives impact. Here are three places to start: 

    1. Follow the 80/20 rule. In a world of flat budgets and shrinking attention, activity is not the same as progress. The most effective organizations know this—and act on it. Frontier Firms are putting the Pareto Principle into practice, focusing on the 20% of work that delivers 80% of the outcomes. AI makes this not only possible but scalable. By deploying AI and agents to streamline low-value tasks—status meetings, routine reports, admin churn—leaders can reclaim time for what moves the business: deep work, fast decisions, and focused execution. The companies that can win in the age of AI won’t just work harder—they’ll work smarter and sharper. Not sure where to start? Watch this leadership keynote from the Microsoft 365 Community Conference on Building the Future Firm.  

    2. Redesign for the Work Chart. Today, teams are organized by static functions like finance, marketing, and engineering. But with expertise available on demand through AI and agents, rigid structures add unnecessary friction. Take a product launch: content lives in marketing, data in analytics, budget in finance, and messaging with comms. A simple update like a price adjustment can take days and multiple meetings. It’s time to move from the org chart to the Work Chart—an agile, outcome-driven model in which lean teams form around a goal and use AI to fill skill gaps and move fast. At Supergood, an AI-first agency formerly called Supernatural, employees use a platform powered by decades of ad strategy to access insights instantly—no need to loop in a strategist on every brief. 

    3. Become an agent boss. There’s a new generation of professionals rising through the chaos—not by working more, but by working smarter. We call them agent bosses. Take Alex Farach, a researcher at Microsoft who uses a trio of agents to supercharge his work: one collects new research daily, the next runs statistical analysis, and the third drafts briefs to help connect the dots. Instead of getting bogged down in manual work, Farach can focus on what matters—fast, high-quality insights that benefit the entire team. This is the future of work: human-agent teams built to adapt and scale. 


    Methodology 

    Microsoft 365 Telemetry  
    All data is based on aggregated and anonymized Microsoft 365 productivity signals, ending February 15, 2025. Data excludes education (Edu) and European Union (EU) tenants. 

    • Interruptions 
      Employees are interrupted every two minutes during core work hours—275 times a day—by meetings, emails, or chats.  
      Calculated as a rolling 28-day sum of pings (meeting invites, emails, chats) per unique user per workday. The two-minute figure reflects the average time between pings during an eight-hour workday. The 275 is based on the 24-hour day. Based on the top 20% of users by ping volume received. 

    • Last-Minute PowerPoint Edits  
      Edits in PowerPoint spike 122% in the final 10 minutes before a meeting.  
      Calculated as a rolling 28-day sum of PowerPoint view and edit actions per meeting participant, measured across fixed time windows before meetings. 

    • Ad Hoc Meetings  
      60% of meetings are unscheduled or ad hoc.  
      Based on a rolling 28-day volume of unique meetings per user per workday. Represents the top 20% of users by meeting volume. 

    • After-Hours Chats  
      Chats sent outside the standard 9-to-5 workday are up 15% year over year, with an average of 58 messages per user now arriving before or after hours.  
      Calculated as a rolling 28-day sum of chats sent outside of Monday–Friday, 9 am–5 pm 

    • Late-Night Meetings & Cross–Time Zone Work  
      Meetings starting after 8 pm are up 16% year over year, driven by an increase in cross–time zone collaboration. 30% of meetings now span multiple time zones—a figure that has risen 8 percentage points since 2021.  
      Measured as a rolling 28-day sum of meetings starting between 8 pm and 11:59 pm, adjusted for each participant’s local time. 

    Work Trend Index Survey  
    The Work Trend Index survey was conducted by an independent research firm, Edelman Data x Intelligence, among 31,000 full-time employed or self-employed knowledge workers across 31 markets between February 6, 2025 and March 24, 2025. This survey was 20 minutes in length and conducted online, in either the English language or translated to local languages across markets. 1,000 full-time workers were surveyed in each market, and global results have been aggregated across all responses to provide an average. In the US, an additional sample of 4,500 full-time employed or self-employed knowledge workers was collected across nine sub-regions/metros. 

    Global markets surveyed include:   
    Argentina, Australia, Brazil, Canada, China, Colombia, Czech Republic, Finland, France, Germany, Hong Kong, India, Indonesia, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Philippines, Poland, Singapore, South Korea, Spain, Sweden, Switzerland, Taiwan, Thailand, United Kingdom, United States, and Vietnam. 

    Sub-regions/Metros in the United States surveyed include: Atlanta, Austin, Boston, DC Metro, Houston, New York City, North Carolina, Pittsburgh, and the San Francisco Bay Area. 

    Audiences mentioned in the report are defined as follows: 

    • Knowledge workers: Those who typically work at a desk (whether in an office or at home). This group includes those who are in person or working remotely in some capacity. 

    • Leaders: Knowledge workers in mid to upper job levels (e.g., SVP, VP, Sr. Director, General Manager, EVP, C-Suite, President, etc.) who have at least some decision-making influence related to hiring, budgeting, employee benefits, internal communications, operations, etc. 

    • Employees: Knowledge workers who are not in mid to upper job levels or have no influence on decision-making related to hiring, budgeting, employee benefits, internal communications, operations, etc. 

    • Managers: Knowledge workers who manage a team or group of employees. Managers can be business decision makers or non-business decision makers. 

    • Frontier Firms: Leaders who say their company has organization-wide deployment of AI and believe their organization is a leader in actively investing in AI, and is measuring ROI on these investments. They say they have seen some ROI from implementation of AI and believe it is critical to their long-term success as an organization. They believe agents will be key to realizing a return on their company’s AI investments. These leaders say they work at organizations that are currently using agents or other AI tools that bring previously outsourced skill sets in-house, or are using multi-agent systems that collaborate to achieve a goal or execute complex workflows. Their company plans to moderately or extensively incorporate agents into its AI strategy over the next 12–18 months. 

    MIL OSI Economics

  • MIL-OSI United Kingdom: Crossbench Peerages June 2025

    Source: United Kingdom – Prime Minister’s Office 10 Downing Street

    Press release

    Crossbench Peerages June 2025

    The King has been graciously pleased to signify His intention of conferring Peerages of the United Kingdom for Life.

    The King has been graciously pleased to signify His intention of conferring Peerages of the United Kingdom for Life upon the undermentioned:

    Nominations for Crossbench Peerages:

    1. Sir Tim Barrow GCMG LVO MBE – lately National Security Adviser. Former Second Permanent Under-Secretary and Political Director at the Foreign, Commonwealth & Development Office (FCDO).

    2. Dr Simon Case CVO – lately Cabinet Secretary and Head of the Civil Service. Former Private Secretary to HRH Prince William, Duke of Cambridge. Former Principal Private Secretary to the Prime Minister.

    3. Dame Katherine Grainger DBE – Chair of the British Olympic Association, former Chair of UK Sport and former Olympian. Former Chancellor of Oxford Brookes University, currently Chancellor of the University of Glasgow.

    4. Dame Sharon White, Lady Chote, DBE – former Chair of the John Lewis Partnership, former Chief Executive of the Ofcom and former Second Permanent Secretary at HM Treasury.

    Citations

    Sir Tim Barrow GCMG LVO MBE

    Sir Tim Barrow served as National Security Adviser from 2022 to 2024. Prior to this he was the Second Permanent Secretary and Political Director at the Foreign, Commonwealth and Development Office (FCDO). As Political Director, he worked on the biggest foreign policy issues facing the country, including playing a leading role in the UK’s diplomatic response to Putin’s illegal war in Ukraine.

    Sir Tim was the Permanent Representative of the United Kingdom to the European Union from 2017 to 2020 and the British Ambassador to the European Union from 2020 to 2021 and played an important role in the United Kingdom’s Brexit negotiations with the EU.

    Sir Tim’s civil service career began at the Foreign and Commonwealth Office (FCO) in 1986. He served in London, Kyiv, Moscow and Brussels before his appointment as the British Ambassador to Ukraine in 2006. In 2008, he became the Ambassador to the Western European Union and the UK Representative to the Political and Security Committee. From 2011 to 2016, he served as the British Ambassador to Russia before returning to London as the Foreign, Commonwealth and Development Office’s Political Director.

    Dr Simon Case CVO

    Dr Simon Case was Cabinet Secretary and Head of the Civil Service from September 2020 to December 2024. As Cabinet Secretary he supported four Prime Ministers in responding to the Covid-19 pandemic, the war in Ukraine and the delivery of the funeral arrangements for Queen Elizabeth II. Before this he was appointed Permanent Secretary at No.10.

    Simon has had a long and varied career as a senior public servant. He served as Private Secretary to HRH Prince William, Duke of Cambridge and as Principal Private Secretary to the Prime Minister from 2016 to 2017. He has also served as Director General for Northern Ireland and Ireland and Director General for the UK-EU relationship, both at the Department for Exiting the European Union, and Director of Strategy at GCHQ.

    Since leaving Government, he has been appointed as the independent Chair of the Barrow Delivery Board Barrow Transformation Fund, a £200m government package to deepen and develop Barrow’s crucial role at the heart of UK national security and nuclear submarine-building, overseen by the Defence Nuclear Enterprise. He is also a Non-Executive Director at the Ministry of Defence. Simon holds a PhD in political history from Queen Mary’s University of London.

    Dame Katherine Grainger DBE

    Dame Katherine Grainger is Britain’s most decorated female rower and the only female athlete – in any sport – to gain medals in five consecutive Olympic Games. Following her completion of two terms as Chair of UK Sport, Dame Katherine was appointed as Chair of the British Olympic Association.

    Born in Glasgow, Dame Katherine read law at the University of Edinburgh and then obtained a Masters in law from the University of Glasgow and a PhD from King’s College London. Dame Katherine began rowing in 1993, winning a silver medal at the Sydney, Athens and Beijing Olympics, before winning a gold medal in London, and a further silver medal in Rio de Janeiro, as well as eight World Championship medals, including six gold medals.

    Dame Katherine is on the board of the Youth Sport Trust and is patron of Netball Scotland, Winning Scotland and the National Coastwatch Institution. She was appointed a DBE in 2017, following previous awards of MBE and CBE. Katherine was previously Chancellor of Oxford Brookes University and is currently the Chancellor of the University of Glasgow and Honorary Colonel of the 215 (Scottish) Multirole Medical Regiment of the British Army. She is also the Honorary President of Scottish Rowing.

    Dame Sharon White DBE

    Dame Sharon White has spent much of her career in public service, holding a number of the most senior positions in the Civil Service.  She was the first black person and second woman to be a Permanent Secretary at HM Treasury, serving as the Second Permanent Secretary between 2013 and 2015, after which she was CEO of Ofcom from March 2015 to November 2019.

    Dame Sharon joined the Civil Service in 1998, working at HM Treasury, the British Embassy in Washington, the 10 Downing Street Policy Unit and the World Bank, before becoming a Director General in the Department for International Development, followed by the MoJ, DWP and HMT. Dame Sharon was appointed DBE in 2020 for Public Service. Dame Sharon is an honorary fellow at Nuffield College, University of  Oxford, and was a Non-Executive Director for Barratt Developments.

    Since leaving the Civil Service, Dame Sharon has become the Managing Director and Head of Europe for Caisse de dépôt et placement du Québec (the Quebec Deposition and Investment Fund), having previously been the Chair of the John Lewis Partnership from February 2020 until September 2024.

    Updates to this page

    Published 17 June 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Anyone could be vulnerable to sim-swap fraud

    Source: Anglia Ruskin University

    By Hossein Abroshan, Anglia Ruskin University

    The cyberattack that has targeted Marks & Spencer (M&S) is the latest in a growing wave of cases involving something called sim-swap fraud. While the full technical details remain under investigation, a report in the Times suggests that cyber attackers used this method to access M&S internal systems, possibly by taking control of an employee’s mobile number and convincing IT staff to reset critical login credentials.

    Sim-swap fraud is not a new phenomenon, but it is becoming increasingly dangerous and more prevalent. According to CIFAS, the UK’s national fraud prevention service, Sim-swap incidents have surged from under 300 in 2022 to almost 3,000 in 2023. What had been mainly a risk to cryptocurrency investors or online influencers is now much more prevalent.

    This form of cyberattack shows how major companies and ordinary people can be compromised through a tactic that exploits human factors, such as trust and how we have built our digital identities around mobile phones.

    Sim-swap fraud begins when a scammer convinces a mobile operator to transfer a victim’s number to a new sim card, or even an esim (one that’s embedded in the device), under the scammer’s control.

    This can be done over the phone, through an online chat, or even with the help of a bribed insider. Once the number is transferred, all calls and texts intended for the victim are redirected to the scammer. This includes those crucial verification codes used for logging into email, banking, messaging apps such as WhatsApp, and government services such as HMRC.

    This alone would be dangerous. But what makes sim-swap fraud so influential is that the cyber scammer often already has access to a patchwork of personal data about their target. That information may have been collected from data breaches, phishing attacks, low-reputation websites, or even the victim’s social media.

    People often underestimate the extent to which they reveal themselves online: a birthday posted on Instagram, a phone number included in a job posting, or a home address used in an online giveaway. Scammers combine this data to build a convincing profile, enough to fool a mobile operator’s customer service staff into believing they’re talking to the real account holder.

    How the sim-swap fraud works

    Once the scammer gains control of a number, the consequences are extensive. Attackers can access sensitive information, including personal documents and request and receive password reset links for the user’s other accounts. They can log in to WhatsApp or Telegram accounts, read private messages, impersonate the user, and even contact friends or family members to conduct further scams.

    The victims might see false messages posted in their names or fraudulent transactions made from their accounts. This can lead to financial loss, reputation damage, as well as emotional and mental health issues on the part of the victims.

    In the case of M&S, attackers apparently used this access to manipulate internal processes and gain access to sensitive systems. This highlights a broader risk: many companies still rely on phone numbers as a secondary verification method for staff, making their systems vulnerable to the same cyberattack used against individuals.

    How sim-Swap fraud works – Hossein Abroshan

    Reducing the risk

    While real-time detection of mobile number hijacking remains difficult, taking specific steps can significantly reduce the likelihood of being targeted and victimised. People should avoid sharing personal data unnecessarily, especially across multiple platforms and, very importantly, on unknown or untrusted websites.

    Many attackers don’t obtain all the necessary information from a single source. Instead, they collect it incrementally, using public profiles, marketing databases and past leaks to form a comprehensive picture.

    Being mindful of where you share your phone number, birthday or other identifiers can make it harder for others to impersonate you. It is also crucial to learn how phishing works and how to recognise it, so you will not submit your sensitive information to phishing or fake websites.

    Avoiding SMS-based authentication, where possible, is another key step. Many services now support authenticator apps, such as Google Authenticator, Microsoft Authenticator, Due or Authy, which are not tied to your mobile number. For mobile accounts themselves, setting up a unique pin or password to your account, which must be provided to authorise any changes, can add an extra layer of protection. This makes it harder for someone to initiate a sim swap without that code. However, users alone cannot fulfil this duty.

    Mobile network operators must strengthen identity verification practices, moving beyond basic questions about names and addresses that can be easily gathered or guessed. Banks and other financial institutions should reconsider using SMS or, at the very least, SMS-only as the default method for sensitive authentication. And companies, particularly those handling personal data or financial assets, need to train their IT and customer service teams to recognise the signs of identity based attacks.

    Sim-swap fraud is effective not because it’s highly technical, but because it exploits our trust in phone numbers for identity verification. The M&S case and similar examples show how fragile that trust can be – and why securing our mobile identities is no longer optional.

    Hossein Abroshan, Senior Lecturer, School of Computing and Information Science, Anglia Ruskin University

    This article is republished from The Conversation under a Creative Commons license. Read the original article.

    The opinions expressed in VIEWPOINT articles are those of the author(s) and do not necessarily reflect the views of ARU.

    If you wish to republish this article, please follow these guidelines: https://theconversation.com/uk/republishing-guidelines

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Social enterprise café opens at Keady TMAC Centre

    Source: Northern Ireland City of Armagh

    (L-R) Elaine Leonard, Manager, The Appleby Trust; Lord Mayor of Armagh City, Banbridge and Craigavon, Alderman Stephen Moutray; Thomas O’Hanlon, Chairman of The Appleby Trust pictured at the launch of the new social enterprise café ‘The Gathering Rooms’ at the TMAC in Keady.

    A warm and welcoming space, friendly faces and good food at reasonable prices are on the menu at a new social enterprise café launched at the Tommy Makem Arts and Community Centre (TMAC) in Keady!

    Armagh City, Banbridge and Craigavon Borough Council is delighted to welcome The Gathering Rooms to operate a café at the TMAC – a new venture following on from The Gathering Rooms Café in Armagh, which is run by local charity, The Appleby Trust. The charity has been training and employing young people with autism since 2019.

    Since opening its doors five years ago, the project has helped over 100 young people with autism to develop practical employment and social skills to build confidence, boost independence and help to secure employment opportunities within the hospitality sector.

    The Lord Mayor of Armagh City, Banbridge and Craigavon, Alderman Stephen Moutray said:

    Community facilities aim to be vibrant and inclusive places for people to meet and connect through social activities, workshops and classes, thereby reducing loneliness and social isolation, particularly in rural areas. This initiative will support this aim and provide training and employment opportunities to young people who may otherwise experience barriers to employment.

    “We encourage new users to visit the facility to find out more about the programme of events and activities on offer, along with support and funding available to community groups.”

    Under supervision, the young people learn how to work in the kitchen and front of house serving customers. They also get involved with the day-to-day running of the café by helping with orders and deliveries.

    Thomas O’Hanlon, Chair of The Appleby Trust said:

    “This is an exciting new venture for The Appleby Trust. As a social economy project operating across Armagh, Lurgan and Banbridge, we are committed to creating meaningful, supported employment opportunities. Through our Print It companies and our coffee shop in the Gathering Rooms, we provide valuable services while supporting those who rely on us. 

    “This new outreach marks a significant step forward — not only in expanding our footprint but in continuing our mission to support and empower individuals in our communities. We are initially operating two days a week from the TMAC, and we’re optimistic about extending this service to other locations in the future.”

    The Gathering Rooms at the TMAC will be open Mondays and Thursdays, 10am – 2pm, serving tea and coffee with freshly made scones and traybakes along with healthy breakfast options and light snacks.

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: A peaceful and secure country is in the interests of all Syrians and the wider region: UK statement at the UN Security Council

    Source: United Kingdom – Executive Government & Departments 3

    Speech

    A peaceful and secure country is in the interests of all Syrians and the wider region: UK statement at the UN Security Council

    Statement by Ambassador Barbara Woodward, UK Permanent Representative to the UN, at the emergency UN Security Council meeting on Syria.

    President, I will make three points today.

    First, this remains a pivotal, but fragile, moment for Syria as it seeks a more stable and prosperous future. A peaceful and secure country is in the interests of all Syrians, and the wider region.

    There is a clear risk, as others have highlighted this morning, that the current crisis in the Middle East escalates, with serious implications for security across the region and beyond, including in Syria. We encourage all actors to avoid any activity that will further destabilise the region at this precarious moment.

    Second, June marks six months since the fall of the brutal Assad regime. We welcome the positive steps the Syrian Government has taken so far in advancing a peaceful political transition. 

    This includes diverse Cabinet appointments and internal agreements, including with the Syrian Democratic Forces. We look forward to progress on implementation.

    We welcome the formation, in recent days, of the Supreme Electoral Committee for the People’s Assembly Elections. 

    This is an important step in building legislative and electoral processes that serve the Syrian people and keeping up momentum on the transition process. 

    We urge those involved in the process to prioritise inclusivity and representation in the appointment and election of People’s Assembly members.

    Finally, we note progress on accountability efforts in Syria that pursue justice for victims and survivors, and initiatives for seeking truth for the families of those still awaiting answers.

    We encourage the newly formed National Commissions on Transitional Justice and Missing Persons to work in close partnership with Syrian civil society and the United Nations.
     

    As Ms Khoulani emphasised so eloquently, it is key that efforts are transparent and shaped by the experiences of survivors and families.

    We encourage the Syrian Government to continue to engage positively with UN mechanisms including the Commission of Inquiry, the Independent Institution on Missing Persons, and the International, Impartial and Independent Mechanism, and use their expertise effectively as they lay out the next steps for their own accountability agenda in Syria.

    Updates to this page

    Published 17 June 2025

    MIL OSI United Kingdom

  • MIL-OSI Russia: From neural networks to stock markets: how computer science is being developed at the Nizhny Novgorod HSE

    Translation. Region: Russian Federal

    Source: State University Higher School of Economics – State University Higher School of Economics –

    Established in 2011 International Laboratory of Algorithms and Technologies for Network Structure Analysis (LATASS) HSE University in Nizhny Novgorod conducts a wide range of fundamental and applied research, including joint projects with large companies: Sber, Yandex and other leaders of the IT industry. The methods developed by HSE scientists not only enrich science, but also improve the work of companies’ transport, and conduct medical and genetic research more successfully. HSE.Glavnoe talked about the work of the laboratory with its head, Professor Valery Kalyagin.

    — Tell us how the laboratory was created.

    — It was organized in 2011 under the Russian government mega-grant program. At that time, the work of a foreign scientist was a mandatory condition for participation in the competition. We were lucky that Professor Panagiotis Pardalos of the University of Florida responded to our proposal for cooperation. He continues to actively collaborate with the HSE and remains the scientific director of the laboratory. Oleg Kozyrev, Eduard Babkin and Boris Goldengorin actively participated in the preparation of the application. Boris Goldengorin played an important role in the development of the laboratory.

    At that time, the study of algorithms for analyzing network structures and what is now called computer science was a new direction for HSE in Nizhny Novgorod.

    Three years later, the grant work was highly appreciated by the Ministry of Education and Science of the Russian Federation, and it was extended for two years. When it was ending, we applied to create an international laboratory at the HSE, we were supported, and now we continue our work as a laboratory of the National Research University Higher School of Economics.

    In the first years of our work, we attracted many young researchers who later became renowned scientists and practitioners.

    — What interested them in the new laboratory?

    — They had a unique opportunity to develop, to work with famous scientists in a creative atmosphere. Almost all of them took advantage of it and over the past years have grown as scientists, researchers and teachers. The development strategy from the very beginning was built on the obligatory combination of scientific research and teaching. And now all our research staff teach, this component of the work, the transfer of experience and competencies, is very important for a scientist.

    — What have you managed to accomplish during this time?

    — Over the past years, the laboratory has become a well-known scientific center in Russia and in the world, largely due to the efforts of Professor Pardalos, who pays much attention to recognition. We have many contacts with colleagues from different universities and scientific centers. Our laboratory is a co-organizer of a large international conference on optimization and applications, we participate in its program committee, and our scientific director is a multiple honorary chairman of the program committee.

    We actively cooperate with our leading universities – MIPT, MSU, the Keldysh Institute of Applied Mathematics of the Russian Academy of Sciences, with Siberian and Ural scientific centers in Novosibirsk, Irkutsk and Yekaterinburg.

    — What are the key areas of your work?

    — These are mainly computer sciences: network models, technologies for analyzing network structures, various aspects of optimization, including problems of combinatorial or discrete optimization on graphs, applications to data mining.

    — How can this be explained to a person who is not knowledgeable in higher mathematics?

    — I will try to explain it in an accessible way. A network is a set of nodes and connections between them. The most understandable examples are social and telecommunication networks, where nodes are people or clients of a mobile operator, and connections are communications between them, measured in a certain way. This can be a graph with special attributes or a hypergraph.

    The optimization task is also clear: you have, for example, a social network, and you want to understand which nodes to place information in so that it passes through the network faster, or, on the contrary, which nodes to block so that a fake message stops circulating in the network.

    Another class of tasks that interests employees are large databases, queries for information in them. This is called the “nearest neighbor search problem” in a data array, when you give some query to a large data set and want to find the object in this database that is most similar to your query.

    If the database consists of 10-20 objects, there are no difficulties, but when there are many of them, you need to organize the search correctly and quickly. For this search, a special graph structure is created on this data, and it speeds up the search by an order of magnitude using special algorithms.

    — Is it possible to use your results in biology or medicine?

    — We are investigating a class of network models that includes some biological networks, such as the network of neurons in the brain or the co-expression network of genes.

    There are billions of neurons, and we can’t measure anything in these networks. But with the help of an electroencephalogram, it is possible to track the activity of individual areas of the brain and analyze the connections between them. Interesting network structures are being created that can be used to study brain activity, including in diseases — for example, analyzing neuron networks in Parkinson’s disease and epilepsy, which helps in their research.

    A gene co-expression network (GCN) is constructed based on gene expression profiles for multiple samples or experimental conditions. Researchers look for pairs of genes that show a similar expression pattern across all samples. The result is a network model that can be analyzed for practical purposes, such as identifying the most important nodes in the model. The identified gene cluster means that the gene and its neighbors have similar expression profiles. This can then be used to simplify drug testing.

    — How widely is your work applied in economics?

    — Another well-known network is stock markets. We analyze assets, identify connections between them. Taking them into account, a stock market network is formed. Analysis of stock market networks allows us to form investment portfolios. A classic example is the Markowitz model of the optimal investment portfolio. However, using such models does not mean that you will avoid a risk that can cancel out all potential income.

    Large trading companies, banks, and firms that advise investors want to have a clear model for how to form investment portfolios. They do not strive for super-profits, but want to invest reliably. And then network models turn out to be useful. Additional information about connections helps to identify portfolios with the necessary characteristics.

    – You and your colleagues are probably rich people.

    — We do not trade on the markets and do not give recommendations. Students write final theses on these and other topics and analyze how and which portfolios work on different markets.

    This does not replace analysis, but it is useful for it and opens up additional opportunities for activity in the stock market.

    For example, there is a possibility of choosing a portfolio by constructing a market network graph and identifying independent sets in it. It has been experimentally proven that such sets provide diversified and interesting portfolios in terms of profitability.

    — Do the models you have developed suggest different development scenarios?

    — The laboratory actively studies the uncertainty of algorithms for constructing various graph structures in network models such as gene co-expression networks, brain networks, and stock market networks.

    If uncertainty is high, then conclusions may be false: we hope to get rich, but our expectations do not come true.

    — How does solving fundamental scientific problems combine with applied work?

    — We have a strong group headed by Dmitry Malyshev. In its direction (algorithmic graph theory), the research of this group is closer to theoretical computer science and discrete mathematics. A significant number of postgraduate students and young employees of the laboratory have defended dissertations on these topics. Despite the fundamental theoretical nature of the research, it also has applied significance. Estimates of the computational complexity of problems on graphs help to identify computationally difficult problems and find classes of problems that can be solved quickly.

    In the first years of the laboratory’s work, we developed a direction of intelligent data analysis and AI. It is headed by Andrey Savchenko. He develops the direction of intelligent data analysis in conditions of limited resources, for example, on mobile devices that are less powerful than desktop computers or laptops. For example, we want to classify photos, texts, something else on our smartphone, but we do not have access to a powerful resource. On a smartphone, you cannot deploy a full-fledged neural network. He and his colleagues developed an approach that allows you to effectively solve such problems, and patented it as a result of intellectual activity (RIA). There are already applications that you can download and use.

    — Is this necessary now, when we are promised quantum computers with unlimited capabilities?

    — The head of a research center at a large foreign company recently said that we have returned to the situation of the 1970s, when scientists and practitioners, given the limited capabilities of processors and computer memory, paid special attention to the efficiency of algorithms. Then the speed of processors and the capacity of memory, including RAM, increased sharply, and this lost some of its relevance. Now the problem has returned, since we do not expect a significant improvement in hardware. When you train large language models or search large databases, you return to the need for fast calculations under conditions of limited resources. Now many large manufacturers of computing resources and IT companies are conducting research into the efficient use of existing capabilities. If we reduce calculations on at least one node by 1%, we will get a significant effect. We had a successful project with an IT company on the use of patterns (templates) of the computation graph to speed up the training of neural networks. Such tasks are becoming increasingly popular.

    The emergence of a quantum computer with unlimited capabilities is still not a matter for the very near future.

    — Which companies have used your developments?

    — We developed an algorithm for organizing the delivery of products to stores for a large retail chain. This is called the transport routing problem, it is also network-based and calculates traffic along a road network. The problem has high computational complexity. If you have 100 cars and 1000 stores and you want to optimize traffic, then solving such a problem manually is difficult. It is also not easy for a computer to solve it, but clever algorithms help. This enables AI to manage the logistics of transport use.

    — Is there a problem with the transition of scientists to industrial partners?

    — There is a problem of personnel outflow in IT companies. We start interacting with companies, companies see the qualifications of our personnel, offer them to engage in science and solve interesting problems and attract specialists with better conditions.

    — With which HSE departments does the laboratory collaborate?

    — The closest cooperation has been established with International Center for Analysis and Decision Making and with Laboratory of Applied Network Analysis.

    — How do you see the prospects for research?

    — We focus on a combination of fundamental and applied research so that we have both good theoretical results and publications, as well as joint projects with industry.

    The campus strategy is to expand applied research, and this is a nationwide trend. We must learn to meaningfully answer the question of how our theoretical developments can make a real contribution to the development of the country’s economy and social sphere. We see our prospects in the development of algorithms and technologies for artificial intelligence systems.

    In addition to the purely scientific component, popularization of science is important in order to make theoretical and applied results accessible to schoolchildren, our future students and laboratory staff.

    The laboratory, as one of the leading scientific centers in the field of computer science and applications, is open to new partnership projects of both fundamental and applied nature.

    — What educational programs do you participate in?

    “We are involved in two key programs on campus: “Applied Mathematics and Computer Science» (bachelor’s degree training) and «Intelligent data analysis» (training of masters). The laboratory’s subject matter is actively present in these programs. This is reflected both in teaching and in the students’ scientific work.

    All international laboratories develop research expertise and pass it on to young people. If we do not have contact with students, where will we recruit new young employees?

    I would like to add that our graduates are in demand in many companies and countries.

    — Why is it important to preserve fundamental research?

    — We are now seeing the second birth of mathematics, the development of intelligent data analysis and artificial intelligence technologies has generated tasks that require specialists with developed abstract thinking and a broad outlook, which fundamental mathematics provides. At the same time, many sections of mathematics are in demand. This is a sign of the 21st century.

    For example, we have a huge data set and are trying to understand how it is structured. Often, the high dimensionality of the data is an obstacle to its analysis. To reduce the dimensionality without losing information, we need to have a good understanding of many sections of fundamental mathematics – from classical methods of linear algebra and mathematical analysis to advanced probabilistic models and topology.

    Mathematicians have perked up, people see that they need to expand their field of activity to applied research, this is a characteristic feature of HSE.

    — How do you manage to maintain international connections?

    — We continue contacts with foreign scientists. Since 2012, we have regularly held an annual international conference on network analysis, international schools for young scientists. Almost everyone who came to Nizhny Novgorod continues to communicate, respond to proposals, despite the past pandemic and the current situation. For young scientists, this is an additional opportunity to assess the level of their research, it becomes clearer when in contact with colleagues from abroad. We strive for young people to actively communicate with guests. Students are also interested in this.

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

    MIL OSI Russia News

  • MIL-OSI Analysis: China’s support for Mali’s military carries risks: researcher outlines what they are

    Source: The Conversation – Africa – By Paa Kwesi Wolseley Prah, Postdoctoral Fellow, Dublin City University

    Mali, a landlocked Sahelian nation of 25 million people, has faced significant instability since 2012, marked by terrorism, state neglect and armed conflicts.

    That year a Tuareg rebellion started in northern Mali and President Amadou Toumani Touré was ousted in a military coup. Constitutional rule was suspended. Rebels in northern Mali went on to seize cities like Timbuktu, Gao and Kidal, declaring an independent Islamic State of Azawad and imposing sharia law.

    They also destroyed cultural heritage sites, including 14 of Timbuktu’s 16 Unesco-listed mausoleums. The crisis prompted international intervention, including a UN authorised mission, which retook northern cities within weeks. Islamist rebels retreated into civilian populations and remote areas.

    Despite these efforts, violence against civilians by extremist groups and community militias has continued. By 2023, 8.8 million Malians needed humanitarian assistance. Over 375,500 were internally displaced, primarily women and children.

    Meanwhile, the former French colony had turned to China for military assistance. Between 2012 and 2013, China provided €5 million (about US$5.8 million) in logistical equipment to improve the Malian army’s mobility.




    Read more:
    China’s interests in Africa are being shaped by the race for renewable energy


    In August 2013, the Chinese People’s Liberation Army gave the Malian army military supplies totalling 1.6 billion CFA francs (about US$2.8 million). China made similar donations between 2014 and 2023.

    I am an international security and global governance researcher. My recent research explored the impact of China’s security sector assistance on Mali’s fragility.

    China’s assistance to Mali aims to equip the country to address terrorism and insurgency. But I argue that it may have unintended consequences and cause further damage to the country.

    The heavy reliance on Chinese supply exposes Mali to vulnerabilities, including supply disruptions, diminished bargaining power, and limited strategic flexibility. This could destabilise security even more should China face manufacturing issues or supply chain disruptions leading to delays or shortages in the production of weapons.

    It also raises concerns about the potential influence of China on Mali’s defence policies and decision-making processes. In turn this could entrench the Malian military government’s position. China takes a hands-off approach to the governance structures of the countries it engages with. Hopes of democratisation in the country could be affected.




    Read more:
    US trade wars with China – and how they play out in Africa


    Rich in resources

    Mali has significant natural resources, including 800 tons of gold reserves (it’s Africa’s fourth-largest producer), iron ore, manganese, lithium, and potential uranium and hydrocarbon deposits.

    In 2019, gold production generated US$734 million, or 9.7% of Mali’s GDP, supporting over 10% of the population.

    Chinese firms, such as Ganfeng Lithium and China National Nuclear Corporation, have invested heavily in Mali’s mining sector. They are involved in a US$130 million lithium project and uranium exploration in the Kidal and Falea regions.

    Despite security risks, including attacks on Chinese personnel in 2015 and 2021, China remains committed due to Mali’s resource potential.

    Beyond mining, China has invested in Mali’s infrastructure. A US$2.7 billion railway modernisation project connects Bamako to Dakar, facilitating resource exports like iron ore and bauxite.

    The total of Mali’s external debt to China is not explicitly stated. But the 2014 loan agreement of US$11 billion and the 2016 loan of US$2.7 billion alone suggest Mali’s debt to China could be at least US$13 billion. This is without including loans for projects like the Bamako-Ségou expressway, and bridges in Bamako.

    This has often been criticised as “debt trap diplomacy”, increasing recipient countries’ dependence on Beijing. In Mali, I believe this risks entrenching economic vulnerability and giving China geopolitical leverage.




    Read more:
    China reaps most of the benefits of its relationship with Africa: what’s behind the imbalance


    China’s security sector assistance to Mali

    Historically, Mali relied on France. More recently, it’s used Russia’s expeditionary corps, formerly known as Wagner Group, for security support.

    In 2011, China provided US$11.4 million in grants, US$8.1 million in zero-interest loans, and a US$100.8 million concessional loan to foster bilateral cooperation.

    China’s participation in the United Nations Multidimensional Integrated Stabilisation Mission in Mali, starting in 2013 with 395 personnel, marked a shift in its security engagement.

    Chinese peacekeepers, including engineers, medical personnel and security guards, repaired infrastructure, provided medical aid and supported Mali’s 2013 elections.

    Their professionalism earned praise from the UN special envoy Albert Gerard Koenders for helping to ensure a smooth election.

    China’s involvement in Mali challenged traditional European approaches to peacekeeping, particularly France’s military-heavy strategy.




    Read more:
    China-Africa relations: new priorities have driven major shifts over the last 24 years – 5 essential reads


    How China’s assistance contributes to Mali’s fragility

    In spite of the positives, China’s security sector assistance contributes to Mali’s fragility in several ways.

    First, its no-strings-attached nature allows Mali’s military junta to consolidate power without making democratic or governance reforms.

    This lack of accountability enables corrupt military factions to operate unchecked. Governance weaknesses and authoritarianism can continue.

    Second, the heavy reliance on Chinese supply raises concerns about the potential influence of China on Mali’s defence decisions.

    This over-reliance on military solutions risks escalating conflicts and could lead to human rights abuses by security forces, as seen in increased violence against civilians. It doesn’t address root causes of conflict like social cohesion or local governance.

    Third, Mali’s growing dependence on Chinese aid — both military and economic — makes it vulnerable to disruptions from geopolitical tensions, supply chain issues, or changes in China’s foreign policy. This limits Mali’s ability to diversify its military capabilities or respond to evolving threats.

    Finally, China’s infrastructure investments, such as the US$1.48 billion (750 billion CFA francs) Bamako-Dakar railway loan, creates “debt trap diplomacy”.

    This pattern deepens economic dependence and reduces policy autonomy, further weakening state resilience.




    Read more:
    Maps showing China’s growing influence in Africa distort reality – but some risks are real


    The way forward

    To mitigate the risks of Chinese security sector assistance and promote sustainable stability, Mali must adopt a multifaceted strategy.

    First, it should collaborate with China to align security sector assistance with civilian-led security approaches.

    Second, Mali should diversify security and economic partnerships with donors like the US, the UK, and the EU.

    Third, transparent guidelines, developed through consultation with stakeholders, should assess the impacts of assistance to avoid deepening dependence.

    Fourth, engaging civil society and publishing regular reports on security sector assistance use and outcomes will foster public trust.

    Finally, promoting regional economic integration and ties with global powers will bolster Mali’s economic resilience.

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

    ref. China’s support for Mali’s military carries risks: researcher outlines what they are – https://theconversation.com/chinas-support-for-malis-military-carries-risks-researcher-outlines-what-they-are-257738

    MIL OSI Analysis

  • MIL-OSI Canada: Canada-Italy Joint Statement

    Source: Government of Canada – Prime Minister

    Today in Kananaskis, Alberta, Prime Ministers Mark Carney and Giorgia Meloni met on the margins of the G7 Summit and reaffirmed the vitality and strategic value of the Canada-Italy partnership and their fruitful cooperation within the UN, NATO and the G7 to foster global peace, the rule of law, economic growth and prosperity and strong international institutions.

    The Prime Ministers took stock of the implementation of the Italy-Canada Roadmap for Enhanced Collaboration, including the launch of a Joint Advisory Group on Artificial Intelligence, a Joint Statement on Critical Minerals and Critical Raw Materials Cooperation, actions to enhance cooperation in defence, outer space, science, technology and innovation, and mutual economic prosperity. As agreed during Prime Minister Carney’s recent visit to Rome, a Canada-Italy Energy Dialogue will be launched in the coming months to enhance cooperation on critical minerals, conventional and clean energies, and hydrogen.

    Acknowledging the unprecedented challenges facing the world since the Roadmap was launched last year, and the need to seize on new opportunities, Prime Ministers Carney and Meloni announced additional cooperation between Canada and Italy the following areas:

    Prosperity and Innovation

    Building on the strong foundation enabled by the Canada-EU Comprehensive Economic and Trade Agreement, the Leaders committed to deepening commercial ties and diversifying trade between Canada and Italy. This would include organizing high level business and investment trade missions, aimed at foster greater engagement between respective industry and private capital stakeholders, in priority sectors such as energy, life sciences, defence and infrastructure.

    Noting also the recent high tempo of interaction between Canadian and Italian researchers and industrial stakeholders on artificial intelligence, quantum computing, clean technologies, nuclear and photonics, the Prime Ministers encouraged the pursuit of further opportunities for cooperation between Italian and Canadian organizations in areas such as nuclear energy and medical isotopes, hydrogen, AI and supercomputing and quantum. They likewise looked forward to proposals for future work by the Joint Advisory Group on Artificial Intelligence on AI for Health and AI for Science.

    Security and Defence

    The two Leaders signaled the importance of closer collaboration as NATO Allies, including through information exchange and high-level dialogue to address current and future security challenges. They also recognized the opportunities for increased engagement and expanded commercial ties in the defence sector, as both countries seek to enhance their respective industrial defence bases.

    Finally, the two leaders expressed appreciation for the continuity of priorities and results between their respective G7 Presidencies and signaled the importance of close coordination on key global challenges, including in the lead up to the upcoming NATO Summit in The Hague.

    Associated Link

    MIL OSI Canada News

  • MIL-OSI Security: Led by IAEA, International Team Samples Treated Water under Additional Measures at Fukushima Daiichi Nuclear Power Station

    Source: International Atomic Energy Agency – IAEA

    The International Atomic Energy Agency (IAEA) led a team of international experts to collect samples today of ALPS treated water stored at Japan’s Fukushima Daiichi Nuclear Power Station (FDNPS) prior to the water’s dilution with seawater and its discharge to the sea.

    The sampling mission is the fourth under the additional measures, which focus on expanding international participation and transparency. These measures permit third parties to independently verify that water discharge which Tokyo Electric Power Company Holdings (TEPCO) – operator of the FDNPS – began in August 2023 continues to be consistent with international safety standards.

    International experts from Belgium, the People’s Republic of China, the Republic of Korea, the Russian Federation and Switzerland, along with IAEA staff, conducted hands-on sampling of the water stored in tanks designated for the 14th batch of ALPS-treated water to be discharged.

    The IAEA initiated the first practical steps of the additional measures in October last year. This fourth mission follows the mission in April which sampled diluted water just prior to its discharge into the sea, and a mission in February when IAEA Director General Grossi presided over the additional measures to  collect seawater samples in the vicinity of FDNPS.

    The samples collected in today’s mission will be analysed by the participating laboratories – the Belgian Nuclear Research Centre, the China Institute of Atomic Energy, the Korean Institute for Nuclear Safety, the Institute for Problems of Environmental Monitoring of the Research and Production Association “Typhoon” in Russia and the Spiez Laboratory in Switzerland – as well as by the IAEA’s laboratory and TEPCO in Japan. All laboratories are members of the IAEA’s Analytical Laboratories for the Measurement of Environmental Radioactivity (ALMERA) network, which are selected for their high level of expertise and analytical proficiency.

    MIL Security OSI

  • MIL-OSI Security: Nuclear Techniques Make Waves at UN Ocean Conference

    Source: International Atomic Energy Agency – IAEA

    IAEA Director General Rafael Grossi during the high-level event on combatting marine pollution at the United Nations Conference in Nice, France  (Photo: E. McDonald/IAEA)

    The IAEA highlighted the role of nuclear science in protecting our oceans at the 2025 United Nations Oceans Conference held last week in Nice, France.

    Co-hosted by France and Costa Rica, the conference convened over 10,000 participants, including scientists, diplomats and politicians, to address the triple planetary crisis of climate change, biodiversity loss and pollution. It aimed to accelerate progress towards SDG14, Life Below Water, through innovative technologies and action. The IAEA took center stage at the event to share how nuclear technology is boosting ocean health and tackling critical threats such as marine plastic pollution.

    The IAEA organized and participated in more than a dozen events at the conference, and on research vessels in the Port of Nice. Experts from the IAEA’s Marine Environment Laboratories in Monaco highlighted how isotopic tools can help monitor and reduce plastic pollution in the ocean.

    Plastic waste is not only infiltrating our oceans, but also the human body in the form of microplastics. Without urgent action, the amount of plastic entering the ocean each year could reach 37 million metric tons by 2040, according to UN estimates, becoming a threat to marine and human life.

    Plastic pollution featured prominently throughout the conference, with a focus on the ongoing negotiations for the development of an internationally legally binding instrument to end plastic pollution, including in the marine environment. The negotiations for the United Nations Environment Programme (UNEP)-led treaty are expected to conclude later this year in Geneva, following five previous sessions.

    At the conference, IAEA Director General Rafael Grossi spoke about the IAEA’s work to combat plastic pollution and emphasized the need to share data data between scientists, policymakers and environmental agencies.

    “Four years ago, at the last UN Ocean Conference, I announced NUTEC Plastics, an initiative that gives countries the tools they need to address the issue of marine microplastic pollution. Today, I am delighted to report that we have made significant progress with 99 countries involved, and we have been equipping more than 100 Member State laboratories all over the world. We are building the capacity that countries need to translate data into policies and action.”

    NUTEC Plastics is an IAEA flagship initiative that supports countries in researching microplastics and using nuclear techniques to improve recycling techniques.

    Director of the IAEA Marine Environment Laboratories Florence Descroix-Comanducci (left), highlighted the work of the IAEA’s Marine environment laboratories at the 2025 UN Ocean Conference in France (Photo: E.McDonald/IAEA)

    “Nuclear and isotopic techniques add incredible value to boost ocean health,” said Florence Descroix-Comanducci, Director of the IAEA Marine Environment Laboratories. “Our laboratories in Monaco support Member States in the implementation and use of these techniques, and to develop harmonized methods to generate globally comparable data, especially in light of the forthcoming plastics treaty.”

    At events organized by the IAEA, panelists highlighted the need to address the top of the plastic life cycle to prevent further pollution, employing a “source to sea approach” to reduce marine litter and, by extension, marine plastic pollution. “Our metrics on marine litter are moving in the right direction,” said Martin Adams, Head of the Environment Department at the European Environment Agency. “Timely and relevant data are increasingly important, but we don’t need to know everything. We just need to know enough to act.” Other events organized by the IAEA focused on ocean-based carbon dioxide removal, ocean acidification, IAEA support for Small Island Developing States (SIDS), and nuclear energy and ocean health.

    The IAEA’s unique expertise in nuclear applications is contributing to both mitigations, by using radiation technology for waste recycling, and monitoring, by using isotopic techniques to monitor and assess impacts of microplastic pollution. Through the NUTEC Plastics initiative, 99 countries are participating in marine monitoring of microplastics, and 52 around the world are developing innovative recycling technology.

    The International High-Level Forum on NUTEC Plastics, organized by the IAEA on 25–26 November 2025, in Manila, Philippines, will highlight the progress achieved to date, address current challenges, and chart course to strengthen regional and international cooperation in the sustainable management of plastic waste through innovative nuclear technologies.

    MIL Security OSI

  • MIL-OSI Africa: China’s support for Mali’s military carries risks: researcher outlines what they are

    Source: The Conversation – Africa – By Paa Kwesi Wolseley Prah, Postdoctoral Fellow, Dublin City University

    Mali, a landlocked Sahelian nation of 25 million people, has faced significant instability since 2012, marked by terrorism, state neglect and armed conflicts.

    That year a Tuareg rebellion started in northern Mali and President Amadou Toumani Touré was ousted in a military coup. Constitutional rule was suspended. Rebels in northern Mali went on to seize cities like Timbuktu, Gao and Kidal, declaring an independent Islamic State of Azawad and imposing sharia law.

    They also destroyed cultural heritage sites, including 14 of Timbuktu’s 16 Unesco-listed mausoleums. The crisis prompted international intervention, including a UN authorised mission, which retook northern cities within weeks. Islamist rebels retreated into civilian populations and remote areas.

    Despite these efforts, violence against civilians by extremist groups and community militias has continued. By 2023, 8.8 million Malians needed humanitarian assistance. Over 375,500 were internally displaced, primarily women and children.

    Meanwhile, the former French colony had turned to China for military assistance. Between 2012 and 2013, China provided €5 million (about US$5.8 million) in logistical equipment to improve the Malian army’s mobility.


    Read more: China’s interests in Africa are being shaped by the race for renewable energy


    In August 2013, the Chinese People’s Liberation Army gave the Malian army military supplies totalling 1.6 billion CFA francs (about US$2.8 million). China made similar donations between 2014 and 2023.

    I am an international security and global governance researcher. My recent research explored the impact of China’s security sector assistance on Mali’s fragility.

    China’s assistance to Mali aims to equip the country to address terrorism and insurgency. But I argue that it may have unintended consequences and cause further damage to the country.

    The heavy reliance on Chinese supply exposes Mali to vulnerabilities, including supply disruptions, diminished bargaining power, and limited strategic flexibility. This could destabilise security even more should China face manufacturing issues or supply chain disruptions leading to delays or shortages in the production of weapons.

    It also raises concerns about the potential influence of China on Mali’s defence policies and decision-making processes. In turn this could entrench the Malian military government’s position. China takes a hands-off approach to the governance structures of the countries it engages with. Hopes of democratisation in the country could be affected.


    Read more: US trade wars with China – and how they play out in Africa


    Rich in resources

    Mali has significant natural resources, including 800 tons of gold reserves (it’s Africa’s fourth-largest producer), iron ore, manganese, lithium, and potential uranium and hydrocarbon deposits.

    In 2019, gold production generated US$734 million, or 9.7% of Mali’s GDP, supporting over 10% of the population.

    Chinese firms, such as Ganfeng Lithium and China National Nuclear Corporation, have invested heavily in Mali’s mining sector. They are involved in a US$130 million lithium project and uranium exploration in the Kidal and Falea regions.

    Despite security risks, including attacks on Chinese personnel in 2015 and 2021, China remains committed due to Mali’s resource potential.

    Beyond mining, China has invested in Mali’s infrastructure. A US$2.7 billion railway modernisation project connects Bamako to Dakar, facilitating resource exports like iron ore and bauxite.

    The total of Mali’s external debt to China is not explicitly stated. But the 2014 loan agreement of US$11 billion and the 2016 loan of US$2.7 billion alone suggest Mali’s debt to China could be at least US$13 billion. This is without including loans for projects like the Bamako-Ségou expressway, and bridges in Bamako.

    This has often been criticised as “debt trap diplomacy”, increasing recipient countries’ dependence on Beijing. In Mali, I believe this risks entrenching economic vulnerability and giving China geopolitical leverage.


    Read more: China reaps most of the benefits of its relationship with Africa: what’s behind the imbalance


    China’s security sector assistance to Mali

    Historically, Mali relied on France. More recently, it’s used Russia’s expeditionary corps, formerly known as Wagner Group, for security support.

    In 2011, China provided US$11.4 million in grants, US$8.1 million in zero-interest loans, and a US$100.8 million concessional loan to foster bilateral cooperation.

    China’s participation in the United Nations Multidimensional Integrated Stabilisation Mission in Mali, starting in 2013 with 395 personnel, marked a shift in its security engagement.

    Chinese peacekeepers, including engineers, medical personnel and security guards, repaired infrastructure, provided medical aid and supported Mali’s 2013 elections.

    Their professionalism earned praise from the UN special envoy Albert Gerard Koenders for helping to ensure a smooth election.

    China’s involvement in Mali challenged traditional European approaches to peacekeeping, particularly France’s military-heavy strategy.


    Read more: China-Africa relations: new priorities have driven major shifts over the last 24 years – 5 essential reads


    How China’s assistance contributes to Mali’s fragility

    In spite of the positives, China’s security sector assistance contributes to Mali’s fragility in several ways.

    First, its no-strings-attached nature allows Mali’s military junta to consolidate power without making democratic or governance reforms.

    This lack of accountability enables corrupt military factions to operate unchecked. Governance weaknesses and authoritarianism can continue.

    Second, the heavy reliance on Chinese supply raises concerns about the potential influence of China on Mali’s defence decisions.

    This over-reliance on military solutions risks escalating conflicts and could lead to human rights abuses by security forces, as seen in increased violence against civilians. It doesn’t address root causes of conflict like social cohesion or local governance.

    Third, Mali’s growing dependence on Chinese aid — both military and economic — makes it vulnerable to disruptions from geopolitical tensions, supply chain issues, or changes in China’s foreign policy. This limits Mali’s ability to diversify its military capabilities or respond to evolving threats.

    Finally, China’s infrastructure investments, such as the US$1.48 billion (750 billion CFA francs) Bamako-Dakar railway loan, creates “debt trap diplomacy”.

    This pattern deepens economic dependence and reduces policy autonomy, further weakening state resilience.


    Read more: Maps showing China’s growing influence in Africa distort reality – but some risks are real


    The way forward

    To mitigate the risks of Chinese security sector assistance and promote sustainable stability, Mali must adopt a multifaceted strategy.

    First, it should collaborate with China to align security sector assistance with civilian-led security approaches.

    Second, Mali should diversify security and economic partnerships with donors like the US, the UK, and the EU.

    Third, transparent guidelines, developed through consultation with stakeholders, should assess the impacts of assistance to avoid deepening dependence.

    Fourth, engaging civil society and publishing regular reports on security sector assistance use and outcomes will foster public trust.

    Finally, promoting regional economic integration and ties with global powers will bolster Mali’s economic resilience.

    – China’s support for Mali’s military carries risks: researcher outlines what they are
    – https://theconversation.com/chinas-support-for-malis-military-carries-risks-researcher-outlines-what-they-are-257738

    MIL OSI Africa

  • MIL-OSI: Annual Report and Financial Statements for the year ended 31 March 2025

    Source: GlobeNewswire (MIL-OSI)

    17 June 2025

    Northern Venture Trust PLC
    Annual Report and Financial Statements for the year ended 31 March 2025

    Northern Venture Trust PLC is a Venture Capital Trust (VCT) advised by Mercia Fund Management Limited. The trust was one of the first VCTs launched on the London Stock Exchange in 1995. It invests mainly in unquoted venture capital holdings and aims to provide long-term tax-free returns to shareholders through a combination of dividend yield and capital growth.

    Financial highlights (comparative figures as at 31 March 2024):

      Year ended
    31 March
    2025
    Year ended
    31 March
    2024
    Net assets £121.3m £114.8m
    Net asset value per share 61.5p 60.3p
    Return per share    
    Revenue 0.4p 0.6p
    Capital 3.8p 1.2p
    Total 4.2p 1.8p
    Dividend per share declared in respect of the period    
    Interim dividend 1.6p 1.6p
    Proposed final dividend 1.5p 1.6p
    Total 3.1p 3.2p
    Return to shareholders since launch    
    Net asset value per share 61.5p 60.3p
    Cumulative dividends paid per share  ^* 195.3p 192.1p
    Cumulative return per share^ 256.8p 252.4p
    Mid-market share price at end of period 57.0p 57.5p
    Share price discount to net asset value 7.3% 4.6%
    Annualised tax-free dividend yield  ^** 5.1% 5.2%

    *        Excluding proposed final dividend payable on 5 September 2025.

    **        Based on net asset value per share at the start of the period.
    ^ Definitions of the terms and alternative performance measures used in this report can be found in the glossary of terms in the annual report.

    Chair’s statement

    Overview
    Over the past 12 months, the UK economy has displayed resilience, with inflation easing and interest rates falling, albeit at slower rates than initially forecasted. Uncertainties posed by geopolitical events and conflicts continue to cause volatility in the financial markets, and notably increased following the end of the financial reporting period.

    It is pleasing to note that the valuation of our unquoted portfolio has increased during the past year. Investment activity remained consistent with the two previous financial years, with £14.3 million invested in six new and 11 existing portfolio companies.

    Despite the macroeconomic environment, our share offer of £15 million was oversubscribed and I would like to thank existing shareholders for their continued support and warmly welcome new investors. Proceeds from the share offer, together with sales proceeds from investments, mean that the Company is well positioned both to pursue new opportunities to support small and medium businesses and to work with existing portfolio companies to realise their growth plans.

    Results and dividend
    In the year ended 31 March 2025 the Company delivered a return on ordinary activities of 4.2 pence per share (year ended 31 March 2024: 1.8 pence), representing a total return of 7.0% on the opening net asset value (NAV) per share. The NAV per share as at 31 March 2025, after deducting dividends paid during the year of 3.2 pence, was 61.5 pence, compared with 60.3 pence at 31 March 2024. The strong result for the year generated a performance fee to our Adviser of £399,000 (year ended 31 March 2024: £nil).

    There were six exits in the year, the most notable being Gentronix, sold for net proceeds of £6.1 million compared to an original cost of £1.4 million, a 4.5 times lifetime return.

    Investment income was higher than the prior period at £2.6 million (year ended 31 March 2024: £2.2 million), which included £0.8 million interest income on realised investments.

    In 2018 we revised our dividend policy in the light of the new VCT rules for investment introduced in 2015 and 2017, which we expected to result in more volatile returns. We introduced an annualised target dividend yield of 5% of opening NAV, which has been exceeded in every period since. Having already declared an interim dividend of 1.6 pence per share which was paid in January 2025, your Directors now propose a final dividend of 1.5 pence per share. The total of 3.1 pence per share is equivalent to 5.1% of the opening net asset value per share of 60.3 pence. The final dividend, if approved, will be paid on 5 September 2025 to shareholders on the register on 8 August 2025.

    Our dividend investment scheme, under which dividends can be re-invested in new ordinary shares free of dealing costs and with the benefit of the tax reliefs available on new VCT share subscriptions, continues to operate with around 16% participation during the year. Instructions on how to join the scheme are included within the dividend section of our website, which can be found here: mercia.co.uk/vcts/nvt/.

    Investment portfolio
    Investment activity has remained strong, with £8.9 million of capital provided to six new venture capital investments and £5.4 million of follow-on capital invested into the existing portfolio. We also made progress in realising the Company’s mature portfolio acquired under the previous VCT rules with the remaining such investments now totalling £9.4 million (31 March 2024: £16.0 million).

    The value of the portfolio increased by £5.6 million (2.8 pence per share) in the year, with several portfolio companies enjoying significant growth: Pure Pet Food and Project Glow Topco (t/a The Beauty Tech Group) both increased in value by over £3 million. Against this there were some significant write-downs in the investments in Adludio and Newcells Biotech.

    Share offers and liquidity
    In April 2024 shares related to the second allotment of the 2023/24 share offer, totalling £20 million, were issued. This allotment saw the issuance of 12,234,307 new ordinary shares, yielding gross subscriptions of £7.8 million.

    As a result of the public share offer launched in January 2025, 24,216,029 new ordinary shares were issued in April 2025, yielding gross proceeds of £15 million.

    The Board continues to monitor liquidity carefully and plans to raise up to £20 million of new capital in the 2025/26 tax year. Further details will be provided in due course.

    Share buy-backs
    We have maintained our policy of being willing to buy back the Company’s shares in the market when necessary, in order to maintain liquidity, at a 5% discount to NAV. During the year ended 31 March 2025 a total of 7,272,999 (year ended 31 March 2024: 5,263,205) shares were repurchased by the Company for cancellation at an average price of 56.6 pence (year ended 31 March 2024: 58.0 pence), representing 3.8% (year ended 31 March 2024: 3.2%) of the opening issued share capital.

    Responsible investment
    The Company is mindful of its Environmental, Social and Governance (ESG) responsibilities and we have outlined our evolving approach in the annual report.

    VCT legislation and qualifying status
    We have continued to meet the stringent and complex qualifying conditions laid down by HM Revenue & Customs for maintaining our approval as a VCT. The Investment Adviser monitors the position closely and reports regularly to the Board. Philip Hare & Associates LLP has continued to act as independent adviser to the Company on VCT taxation matters.

    In September 2024 we were pleased that the extension of the VCT Sunset Clause until 2035 was confirmed. The ‘Sunset Clause’ is a European state aid requirement which, without extension, would have removed the VCT tax reliefs that investors receive on newly issued VCT shares.

    Whilst no further amendments to VCT legislation have been announced, it is possible that further changes will be made in the future. We will continue to work closely with the Investment Adviser to maintain compliance with the scheme rules at all times.

    Investor communications
    The Board is conscious of its responsibility to communicate transparently and regularly with shareholders. Aside from the recent newsletter, we look forward to welcoming shareholders to our AGM and to our forthcoming investor seminar to be held on 7 October 2025 in London. A copy of the recent newsletter and details of how to register for the October seminar can be found on the Company’s website at www.mercia.co.uk/vcts/nvt/.

    Audit tender process
    Following a formal and rigorous audit tender process, the Board has resolved that it intends to recommend Johnston Carmichael LLP for appointment as the Company’s auditor for the financial year ending 31 March 2026 onwards, subject to shareholder approval at the AGM in 2025. Forvis Mazars will remain the Company’s auditor until the AGM in 2025. The Board would like to thank Forvis Mazars LLP for their diligent service over the past five years.

    Annual General Meeting
    The Company’s AGM will be held at 12:30pm on 5 August 2025. The AGM provides an excellent opportunity for shareholders, the Directors and the Investment Adviser to meet in person, exchange views and comment. We will hold the AGM in person at Fora, 210 Euston Road, London, NW1 2DA. We also intend to offer remote access for shareholders through an online webinar facility for those who would prefer not to travel. Full details and formal notice of the AGM are set out in a separate document. Please note that shareholders attending remotely must register their votes ahead of time, as it will not be possible to count votes from online participants at the AGM.

    Board succession
    John E Milad joined the Board on 21 August 2024. John brings over 25 years’ experience as an executive leader, board member, venture capital investor and investment banker focused on the life sciences and medical technology sectors. He is currently the CEO of ERS Genomics, a licenser of the Nobel Prize-winning CRISPR / Cas9 gene editing technology.

    Further biographical details for all the Directors can be found in the annual report.

    We will mark the retirement from the Board of David Mayes at the AGM. David was appointed in November 2014. Over the past decade, he has served the Company and its shareholders with dedication and commitment. On behalf of the Board and our shareholders, I would like to thank David for his valuable contributions and steadfast support to the Company during his tenure.

    Performance Fee
    I am pleased to report that the Company’s performance over the past financial year has met the threshold required to trigger the payment of a performance fee of £399,000 to the Investment Adviser. This outcome reflects a year of strong execution and value creation within the portfolio, and I would like to extend the Board’s thanks to the Adviser’s team for delivering results that warrant this reward.

    The performance fee has been calculated in line with the revised fee structure agreed with shareholders in 2023. Under this framework, which was designed to provide stronger alignment with long-term shareholder value creation, the performance fee payable is broadly comparable to the level that would have been paid under the legacy arrangement. The performance fee is intended to reward the Adviser for delivering sustained solid performance over time. In addition to the performance fee, the Company’s co-investment scheme continues to play a vital role in aligning the interests of the Adviser’s team with those of our shareholders. Together, these mechanisms provide a well-structured incentive framework that encourages long-term thinking and disciplined capital deployment in the interests of all shareholders.

    Outlook
    We are cautiously optimistic of the UK’s growth prospects, while remaining aware of and vigilant to the volatility generated from both domestic and global sources. We remain positive about the resilience, diversity and growth potential of the portfolio and its ability to generate long term shareholder value.

    Deborah Hudson
    Chair
    17 June 2025

    Income statement
    for the year ended 31 March 2025

        Year ended 31 March 2025   Year ended 31 March 2024
    Revenue
    £000
    Capital
    £000
    Total
    £000
      Revenue
    £000
    Capital
    £000
    Total
    £000
    Gain / (loss) on disposal of investments       3,555 3,575   1,203 1,203
    Unrealised fair value gains / (losses) on investments       5,603 5,603   2,499 2,499
            9,158 9,158   3,702 3,702
                         
    Dividend and interest income       2,594 2,594   2,220 2,220
    Investment management fee       (568) (2,103) (2,671)   (516) (1,549) (2,065)
    Other expenses       (600) (600)   (641) (641)
                         
    Return before tax       1,426 7,055 8,481   1,063 2,153 3,216
    Tax on return       (592) 592   79 (79)
                         
    Return after tax       834 7,647 8,481   1,142 2,074 3,216
                         
    Return per share       0.4p 3.8p 4.2p   0.6p 1.2p 1.8p

    Balance sheet
    as at 31 March 2025

        31 March
    2025
    £000
      31 March
    2024
    £000
    Fixed assets            
    Investments       93,537   82,574
                 
    Current assets            
    Debtors       2,895   951
    Cash and cash equivalents       25,439   31,497
            28,334   32,448
                 
    Creditors (amounts falling due within one year)       (620)   (191)
    Net current assets       27,714   32,257
    Net assets       121,251   114,831
                 
    Capital and reserves            
    Called-up equity share capital       49,302   47,615
    Share premium       35,348   30,418
    Capital redemption reserve       8,476   6,658
    Capital reserve       20,451   28,099
    Revaluation reserve       6,779   882
    Revenue reserve       895   1,159
    Total equity shareholders’ funds       121,251   114,831
    Net asset value per share       61.5p   60.3p

    Statement of changes in equity
    for the year ended 31 March 2025

        Non-distributable reserves   Distributable reserves    
    Called-up share capital
    £000
    Share premium
    £000
    Capital redemption
    reserve
    £000
    Revaluation reserve*
    £000
      Capital
    reserve
    £000
    Revenue
    reserve
    £000
      Total
    £000
    At 31 March 2024       47,615 30,418 6,658 882   28,099 1,159   114,831
    Return after tax       5,897   1,750 834   8,481
    Dividends paid         (5,282) (1,098)   (6,380)
    Net proceeds of share issues       3,505 4,930     8,435
    Shares purchased for cancellation       (1,818) 1,818   (4,116)   (4,116)
    At 31 March 2025       49,302 35,348 8,476 6,779   20,451 895   121,251

    for the year ended 31 March 2024

        Non-distributable reserves   Distributable reserves    
    Called-up share capital
    £000
    Share premium
    £000
    Capital redemption
    reserve
    £000
    Revaluation reserve*
    £000
      Capital
    reserve
    £000
    Revenue
    reserve
    £000
      Total
    £000
    At 31 March 2023       41,230 19,394 5,342 1,698   34,433 400   102,497
    Return after tax       (816)   2,890 1,142   3,216
    Dividends paid         (6,156) (383)   (6,539)
    Net proceeds of share issues       7,701 11,024     18,725
    Shares purchased for cancellation       (1,316) 1,316   (3,068)   (3,068)
    At 31 March 2024       47,615 30,418 6,658 882   28,099 1,159   114,831

    Statement of cash flows
    for the year ended 31 March 2025

          Year ended
    31 March
    2025
    £000
      Year ended
    31 March
    2024
    £000
    Cash flows from operating activities              
    Return before tax         8,481   3,216
    Adjustments for:              
    (Gain) / loss on disposal of investments         (3,555)   (1,203)
    Movements in fair value of investments         (5,603)   (2,499)
    (Increase) / decrease in debtors         58   (103)
    Increase / (decrease) in creditors         429   8
    Net cash inflow / (outflow) from operating activities         (190)   (581)
                   
    Cash flows from investing activities              
    Purchase of investments         (14,258)   (15,351)
    Proceeds on disposal of investments         10,451   24,310
    Net cash inflow / (outflow) from investing activities         (3,807)   8,959
    Cash flows from financing activities              
    Issue of ordinary shares         8,801   19,353
    Share issue expenses         (366)   (628)
    Purchase of ordinary shares for cancellation         (4,116)   (3,068)
    Equity dividends paid         (6,380)   (6,539)
    Net cash inflow / (outflow) from financing activities         (2,061)   9,118
    Increase / (decrease) in cash and cash equivalents         (6,058)   17,496
    Cash and cash equivalents at beginning of year         31,497   14,001
    Cash and cash equivalents at end of year         25,439   31,497

    Investment portfolio
    31 March 2025

    Fifteen largest venture capital investments

    Cost
    £000
    Valuation
    £000
    Like for like valuation
    increase / (decrease)
    over year**
    £000
    % of net assets
    by value
     
    1 Project Glow Topco (t/a The Beauty Tech Group) 1,686 7,323 3,766 6.0%  
    2 Pure Pet Food 1,675 6,205 3,301 5.1%  
    3 Rockar 1,877 3,559 393 2.9%  
    4 Pimberly 2,060 3,520 41 2.9%  
    5 Tutora (t/a Tutorful) 3,305 3,305 2.7%  
    6 Forensic Analytics 2,717 2,717 2.2%  
    7 Netacea 2,631 2,631 2.2%  
    8 Biological Preparations Group 2,366 2,620 445 2.2%  
    9 Ridge Pharma 1,497 2,527 359 2.1%  
    10 Enate 1,516 2,176 659 1.8%  
    11 LMC Software 1,950 2,156 207 1.8%  
    12 Broker Insights 2,076 2,152 68 1.8%  
    13 Turbine Simulated Cell Technologies 1,863 2,074 22 1.7%  
    14 Clarilis 1,972 1,972 1.6%  
    15 Semble 1,951 1,951 1.6%  
    Other venture capital investments          
    16 Naitive Technologies 1,836 1,938 104 1.6%  
    17 Napo 1,933 1,933 1.6%  
    18 Risk Ledger 1,412 1,911 500 1.6%  
    19 Social Value Portal 1,888 1,888 1.5%  
    20 Administrate 2,906 1,842 (184) 1.5%  
    21 Send Technology Solutions 1,770 1,838 69 1.5%  
    22 Moonshot 1,329 1,805 478 1.5%  
    23 IDOX* 238 1,799 (139) 1.5%  
    24 Newcells Biotech 3,225 1,777 (1,693) 1.5%
    25 Volumatic Holdings 216 1,773 (148) 1.5%
    26 Locate Bio 1,753 1,753 1.4%
    27 VoxPopMe 1,660 1,660 1.4%
    28 Camena Bioscience 1,594 1,594 1.3%
    29 Wonderush Ltd (t/a Hownow) 1,421 1,421 1.2%
    30 Ski Zoom (t/a Heidi Ski) 1,404 1,404 1.2%
    31 Axis Spine Technologies 1,353 1,357 4 1.1%
    32 Buoyant Upholstery 672 1,349 (719) 1.1%
    33 Culture AI 1,324 1,324 1.1%
    34 Duke & Dexter 1,237 1,281 637 1.1%
    35 Promethean 1,281 1,281 1.1%
    36 Optellum 1,276 1,276 1.1%
    37 Rego Technologies (t/a Upp)(formerly Volo) 2,504 1,104 401 0.9%
    38 Centuro Global 1,038 1,038 0.9%
    39 iOpt 941 1,025 84 0.8%
    40 Tozaro (formerly MIP Discovery) 1,025 1,025 0.8%
    41 Scalpel 976 976 0.8%
    42 Seahawk Bidco 513 971 (21) 0.8%
    43 Wobble Genomics 968 968 0.8%
    44 Warwick Acoustics 964 964 0.8%
    45 Oddbox 1,093 869 71 0.7%
    46 Synthesized 510 751 240 0.6%
    47 Quotevine 1,311 495 495 0.4%
    48 Thanksbox (t/a Mo) 1,685 402 (13) 0.3%
    49 Atlas Cloud 704 387 (1) 0.3%
    50 RTC Group* 436 345 0.3%
    51 Fresh Approach (UK) Holdings 885 313 (127) 0.3%
    52 Sorted 182 241 58 0.2%
    53 Arnlea Holdings 1,305 227 (11) 0.2%
    54 Sen Corporation 681 141 (156) 0.1%
    55 Northrow 1,494 76 (615) 0.1%
    56 Angle* 131 36 (9) 0.0%
    57 Adludio 2,927 33 (2,904) 0.0%
    58 Customs Connect Group 1,525 33 (80) 0.0%
    59 Velocity Composites* 90 25 (6) 0.0%
      Total venture capital investments 86,758 93,537   77.1%
      Net current assets   27,714   22.9%
      Net assets   121,251   100.0%

    *        Listed on AIM.

    **        This change in ‘like for like’ valuations is a comparison of the 31 March 2025 valuations with the 31 March 2024 valuations (or where a new investment has been made in the year, the investment amount), having adjusted for any partial disposals, loan stock repayments or new and follow-on investments in the year.

    Risk management
    The Board carries out a regular and robust assessment of the risk environment in which the Company operates and seeks to identify new risks as they emerge. The principal and emerging risks and uncertainties identified by the Board which might affect the Company’s business model and future performance, and the steps taken with a view to their mitigation, are as follows:

    Risk Mitigation
    Availability of qualifying investments: there can be no guarantee that suitable investment opportunities will be identified in order to meet the Company’s objectives, which could have an adverse effect on Investor returns. Additionally, the Company’s ability to obtain maximum value from its investments may be limited by the requirements of the relevant VCT Rules in order to maintain the VCT status of the Company. The Investment Adviser has a dedicated investment team that identifies and transacts in qualifying investments. The Directors regularly meet with the Investment Adviser to maintain awareness of the pipeline, and factors this into the Company’s fund raising plans.
    Credit risk: the Company holds a number of financial instruments and cash deposits and is dependent on the counterparties discharging their commitment. Such balances my be held with banks or in money market funds as part of the Company’s liquidity management. The Directors review the creditworthiness of the counterparties to these instruments including the rating of money market funds to seek to manage and mitigate exposure to credit risk.
    Economic and geopolitical risk: events such as economic recession or general fluctuation in stock markets, exchange rates and interest rates, notwithstanding recent lower inflation and falling interest rates, may affect the valuation of investee companies and their ability to access adequate financial resources, as well as affecting the Company’s own share price and discount to net asset value. In addition, US trade policy and hostilities in the Middle East and Ukraine (including sanctions on the Russian Federation) may have further economic consequences as a result of market volatility and the restricted access to certain commodities and energy supplies. Such conditions may adversely affect the performance of companies in which the Company has invested (or may invest), which in turn may adversely affect the performance of the Company, and may have an impact on the number or quality of investment opportunities available to the Company and the ability of the Investment Adviser to realise the Company’s investments. Any of these factors could have an adverse effect on Investor returns. The Company invests in a diversified portfolio of investments spanning various industry sectors and which are at different stages of growth. The Company maintains sufficient cash reserves to be able to provide additional funding to investee companies where it is appropriate and in the interests of the Company to do so. The Investment Adviser’s team is structured such that appropriate monitoring and oversight is undertaken by an experienced investment executive. As part of this oversight, the investment executive will guide and support the board of each unquoted investee company. At all times, and particularly during periods of heightened economic uncertainty, the investment team of the Investment Adviser share best practice from across the portfolio with the investee management teams in order to help with addressing economic challenges.
    Financial risk: most of the Company’s investments involve a medium to long-term commitment and many are illiquid. The Directors consider that it is inappropriate to finance the Company’s activities through borrowing except on an occasional short-term basis. Accordingly they seek to maintain a proportion of the Company’s assets in cash or cash equivalents in order to be in a position to pursue new unquoted investment opportunities and to make follow-on investments in existing portfolio companies. The Company has very little direct exposure to foreign currency risk and does not enter into derivative transactions.
    Investment and liquidity risk: the Company invests in early stage companies which may be pre-revenue at the point of investment. Portfolio companies may also require significant funds, through multiple funding rounds to develop their technology or the products being developed may be subject to regulatory approvals before they can be launched into the market. This involves a higher degree of risk and company failure compared to investment in larger companies with established business models. Early stage companies generally have limited product lines, markets and financial resources and may be more dependent on key individuals. The securities of companies in which the Company invests are typically unlisted, making them particularly illiquid and may represent minority stakes, which may cause difficulties in valuing and disposing of the securities. The Company may invest in businesses whose shares are quoted on AIM however this may not mean that they can be readily traded and the spread between the buying and selling prices of such shares may be wide. The Directors aim to limit the investment and liquidity risk through regular monitoring of the investment portfolio and oversight of the Investment Adviser, who is responsible for advising the Board in accordance with the Company’s investment objective. The investment and liquidity risks are mitigated through the careful selection, close monitoring and timely realisation of investments, by carrying out rigorous due diligence procedures and maintaining a wide spread of holdings in terms of financing stage and industry sector within the rules of the VCT scheme. The Board reviews the investment portfolio and liquidity with the Investment Adviser on a regular basis.
    Legislative and regulatory risk: in order to maintain its approval as a VCT, the Company is required to comply with current VCT legislation in the UK. Changes to UK legislation in the future could have an adverse effect on the Company’s ability to achieve satisfactory investment returns whilst retaining its VCT approval. The Company is registered with the Financial Conduct Authority (FCA) as a small internally managed AIF and is required to comply with a number of reporting and other regulatory requirements. Failure to comply correctly or changes in the regulatory regime could affect the status of the VCT. The Board and the Investment Adviser monitor political developments and where appropriate seek to make representations either directly or through relevant trade bodies. The Board also works closely with the Adviser to ensure that the Company remains compliant with the relevant regulatory requirements.
    Operational risk: the Company does not have any employees and the Board relies on a number of third party providers, including the Investment Adviser, registrar and custodian, sponsor, receiving agent, lawyers and tax advisers, to provide it with the necessary services to operate. Such operations delegated to the Company’s key service providers may not be performed in a timely or accurate manner, resulting in reputational, regulatory, or financial damage. The risk of cyber-attack or failure of the systems and controls at any of the Company’s third party providers may lead to an inability to service shareholder needs adequately, to provide accurate reporting and accounting and to ensure adherence to all VCT legislation rules. The Board has appointed an Audit and Risk Committee, who monitor the effectiveness of the system of internal controls, both financial and non-financial, operated by the Company and the Investment Adviser. These controls are designed to ensure that the Company’s assets are safeguarded and that proper accounting records are maintained. Third party suppliers are required to have in place their own risk and controls framework, business continuity plans and the necessary expertise and resources in place to ensure that a high quality service can be maintained even under stressed scenarios.
    Performance of the Investment Adviser: the successful implementation of the Company’s investment policy is dependent on the expertise of the Investment Adviser and its ability to attract and retain suitable staff. The Company’s ability to achieve its investment objectives is largely dependent on the performance of the Investment Adviser in the acquisition and disposal of assets and the management of such assets. The Board has broad discretion to monitor the performance of the Investment Adviser and the power to appoint a replacement, but the Investment Adviser’s performance or that of any replacement cannot be guaranteed. The Board have both formal reviews by way of the Management Engagement Committee and Board meetings, and informal reviews over the course of the year outside of the formal Board timetable. Performance is closely monitored, including receiving detailed league table information and other market intelligence. Any concerns or suggestions are passed to the Investment Adviser, which are robustly challenged.
    Stock market risk: a small proportion of the Company’s investments are quoted on AIM and will be subject to market fluctuations upwards and downwards. External factors such as terrorist activity, political activity or global health crises, can negatively impact stock markets worldwide. In times of adverse sentiment there may be very little, if any, market demand for shares in smaller companies quoted on AIM. The Company’s small number of holdings of quoted investments are actively managed by the Investment Adviser, and the Board keeps the portfolio and the actions taken under ongoing review.
    VCT qualifying status risk: while it is the intention of the Directors that the Company will be managed so as to continue to qualify as a VCT, there can be no guarantee that this status will be maintained. A failure to continue meeting the qualifying requirements could result in the loss of VCT tax relief, the Company losing its exemption from corporation tax on capital gains, to shareholders being liable to pay income tax on dividends received from the Company and, in certain circumstances, to shareholders being required to repay the initial income tax relief on their investment. The Investment Adviser keeps the Company’s VCT qualifying status under continual review and its reports are reviewed by the Board on a quarterly basis. The Board has also retained Philip Hare & Associates LLP to undertake an independent VCT status monitoring role.

    Other matters

    The above summary of results for the year ended 31 March 2025 does not constitute statutory financial statements within the meaning of Section 435 of the Companies Act 2006 and has not been delivered to the Registrar of Companies. Statutory financial statements will be filed with the Registrar of Companies in due course; the independent auditor’s report on those financial statements under Section 495 of the Companies Act 2006 is unqualified, does not include any reference to matters to which the auditor drew attention by way of emphasis without qualifying the report and does not contain a statement under Section 498 (2) or (3) of the Companies Act 2006.

    The calculation of the return per share is based on the return after tax for the year of £8,481,000 (2024: £3,216,000) and on 200,018,249 (2024: 179,260,563) shares, being the weighted average number of shares in issue during the period.

    If approved by shareholders, the proposed final dividend of 1.5 pence per share for the year ended 31 March 2025 will be paid on 5 September 2025 to shareholders on the register at the close of business on 8 August 2025.

    The full annual report including financial statements for the year ended 31 March 2025 is expected to be made available to shareholders on or around 27 June 2025 and will be available to the public at the registered office of the company at Forward House, 17 High Street, Henley-in-Arden B95 5AA and on the Company’s website.

    The contents of the Mercia Asset Management PLC website and the contents of any website accessible from hyperlinks on the Mercia Asset Management PLC website (or any other website) are not incorporated into, nor form part of, this announcement.

    The MIL Network

  • MIL-OSI United Kingdom: Scotland in 2050

    Source: Scottish Government

    Opportunities and challenges for the future.

    First Minister John Swinney has launched new analysis on the trends that could shape the future of Scotland in the next 10 to 20 years, saying that Scotland must “take charge of our own destiny” as an independent country to shape our own future.

    Future Trends for Scotland’ sets out the plausible opportunities and challenges facing Scotland, and could inform Scottish Government policy and the work of our partners in Scotland.

    The reports show Scotland can make the most of opportunities including new energy potential, growing success in space and life sciences and widespread adoption of AI alongside the emergence of quantum technology.

    Challenges facing Scotland resonate with those seen across the world including growing risks to democracy because of mis- and disinformation, more frequent conflicts, increasing inequalities and climate change. 

    Addressing the Scotland 2050 conference in Edinburgh, First Minister John Swinney said:

    “The Scotland of 2050 will be shaped by a series of unpredictable forces, by new technologies we have only half-imagined in the pages of science fiction, by conflicts now only simmering, by people who are only just born but it will also be shaped by us. By the decisions we take, the policy choices we implement, the vision and path forward that we set out.

    “That is a great responsibility, but for me it is also exciting, inspiring, and a privilege to shape it as First Minister. 

    “With the Future Trends horizon scan, we have the best available Scotland specific analysis to inform our decisions, both now and for the future. 

    “It shows both hurdles and new horizons for our society and economy. Warnings where we need to change, or up the pace, but also doors opening, if we have the courage to walk through them with confidence, with boldness and self-belief.

    “And it is by shaping strategy and policy towards achieving long-term outcomes that we will be ready for this new world as it evolves.

    “It is only by taking charge of our own destiny, with our own hand on the tiller, that we are better able to ride the waves of change, that we are better able to shape our own future.

    “That does not mean a Scotland standing alone, but rather a nation that has worked out its place in the world, and the contribution it wants to make to the world.

    “An ongoing deep and rich partnership with the other nations of these isles, absolutely, but ultimately as a nation state in our own right, as a Member State of the world’s largest trading block, the world’s biggest social and economic community, the European Union.”

    Background

    Future Trends for Scotland – Findings from the 2024-25 Horizon Scanning Project – gov.scot

    Young People and the Future of Scotland – A Participatory Horizon Scanning Engagement – gov.scot

    Scotland 2050 Conference: First Minister’s Speech – gov.scot

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Plymouth’s 2025 local climate legends revealed

    Source: City of Plymouth

    Residents across Plymouth have been nominating their local climate heroes, and the winners have now been unveiled. 

    Plymouth local climate legends winners

    Ranging from an eco-friendly school on a mission to change their school culture, a dedicated business finding innovative solutions, and youth, community and citizen legends who have been using their voice to empower others to make change.  

    Over 70 nominations were submitted uncovering amazing stories and triumphs showing the breadth of work going on. 

    The winners will be celebrated at The Big Green Trail on Saturday 21 June, a free event full of fun activities to take part in. 

    The winners are:  

    Business Legend 

    Stiltskin Children’s Theatre 

    Stiltskin Theatre have gone above and beyond ‘business as usual’ to reduce the carbon footprint of the theatre and has found endlessly creative insulation solutions to regulate heating and cool the building by 10 degrees! They have installed hot compost bins, created an award-winning community garden and implemented a zero to landfill waste solution, reusing materials at every opportunity. 

    Employee Legend 

    Sarah Lee 

    Sarah is a Senior Associate at Stride Treglown Architects where she advocates for carbon reduction in the built environment promoting opportunities for learning, upskilling and collaboration across the city. Sarah founded Future Plymouth 2030 and works tirelessly with schools; she actively empowers people with the knowledge and tools to make change and take positive climate action. 

    Citizen Legend 

    Ricky Lowes 

    Ricky, an active member of Climate Action Plymouth, has demonstrated her unwavering passion for looking after our world at a local level. From pursuing accessible active travel for all to challenging others to think differently, she is a leader inspiring those around her to take action for our city.  

    Rob Wick 

    Rob opened the social enterprise THINQTANQ over eight years ago and is a pioneer of several climate initiatives. Rob is always looking to find new community solutions and has since been supporting other social enterprises and collaborating with Fab City, all with a passion for making Plymouth a greener place. 

    Young Person Legend 

    Eva Wakeham 

    Eva, aged 10 years old, is a member of the Ocean City influencers group and has been using her voice to champion our ocean and the importance of climate change action in the home of Plymouth Sound National Marine Park. As part of the group, she has been involved in beach cleans, online blogging and filming. Eva is an inspiring role model and is always sharing her skillset with others to drive change. 

    School Legend 

    Heles Secondary School 

    Mike and Helen, two colleagues at Heles School have built an extraordinary sustainable school culture. Beyond teaching, they empower students to protect the planet, to think bigger, act bolder and care deeper. They have developed an outdoor classroom, been a part of rewilding projects, champion cycling to work and have joined the Green Schools Revolution. 

    Councillor Tom Briars-Delve, Cabinet Member for the Environment and Climate Change, said: “Huge congratulations to our winners, who have been recognised for all their contributions to helping Plymouth on its journey to net zero and the fact they go above and beyond for our planet. 

    “Thanks to the panel of judges for taking the time to select the winners and to all of those who nominated friends, neighbours and colleagues to highlight our worthy unsung heroes. 

    “This really is a huge achievement, and we will all come together to celebrate their awards at the Big Green Trail.” 

    MIL OSI United Kingdom

  • MIL-OSI China: Xi says China-Kyrgyzstan cooperation holds great potential 2025-06-17 22:05:10 Chinese President Xi Jinping on Tuesday said that cooperation between China and Kyrgyzstan holds great potential, urging the two countries to scale up trade and investment and expand cooperation in emerging sectors.

    Source: People’s Republic of China – Ministry of National Defense

    Chinese President Xi Jinping meets with Kyrgyz President Sadyr Japarov on the sidelines of the second China-Central Asia Summit in Astana, Kazakhstan, June 17, 2025. (Xinhua)

    ASTANA, June 17 (Xinhua) — Chinese President Xi Jinping on Tuesday said that cooperation between China and Kyrgyzstan holds great potential, urging the two countries to scale up trade and investment and expand cooperation in emerging sectors.

    Xi made the remarks in a meeting with Kyrgyz President Sadyr Japarov on the sidelines of the second China-Central Asia Summit in the Kazakh capital of Astana.

    Since the establishment of diplomatic ties 33 years ago, China-Kyrgyzstan relations have achieved leapfrog development and are now at their best in history, Xi noted.

    The Chinese president recalled that he held a fruitful meeting with Japarov in Beijing in February, where they reached a series of important consensuses that have injected new and strong impetus into bilateral cooperation.

    China is ready to work with Kyrgyzstan to continuously deepen the alignment of development strategies, continue to firmly support each other on issues concerning their respective core interests and major concerns, and safeguard common and long-term interests of both sides, he said.

    Xi urged the two sides to deepen financial cooperation, improve connectivity networks and advance the high-quality construction of the China-Kyrgyzstan-Uzbekistan railway.

    He also called on the two sides to foster new drivers of growth in clean energy, green minerals and artificial intelligence, enhance communication in fields such as culture, tourism, education and health, and implement more projects that benefit the people.

    Noting that China and Kyrgyzstan are both beneficiaries of economic globalization, he called on the two sides to jointly oppose unilateralism, firmly safeguard the international economic and trade order, and promote a more just and equitable global governance system.

    Noting that the two sides will successively assume the rotating presidency of the Shanghai Cooperation Organization (SCO) and host summits, Xi said that China is willing to work with Kyrgyzstan to support each other and jointly promote the greater development of the SCO.

    For his part, Japarov said that under the outstanding leadership of President Xi, China has strived forward on the path of prosperity and strength, achieving great accomplishments and playing a crucial guiding role on the international stage.

    The Kyrgyz side attaches great importance to the development of relations with China and cherishes the strategic partnership built on mutual respect, equality and mutual benefit, and good-neighborly friendship, Japarov said.

    On issues concerning China’s core interests, the Kyrgyz side, he said, firmly supports China’s stance, adheres to the one-China principle, opposes all forms of “Taiwan independence,” and opposes any interference by external forces in China’s internal affairs.

    Noting that China is Kyrgyzstan’s largest trading and investment partner, Japarov said the Kyrgyz side welcomes more Chinese enterprises to do business in Kyrgyzstan, stands ready to work with China to jointly advance such projects as the China-Kyrgyzstan-Uzbekistan railway, strengthen cooperation in energy, green minerals and other fields, and better benefit the peoples of both countries.

    Japarov said the Kyrgyz side actively supports the three major global initiatives proposed by President Xi and is ready to work with China to jointly implement them.

    Kyrgyzstan will closely coordinate and cooperate with China within the United Nations, the SCO and the China-Central Asia mechanism to promote regional and global security, stability, development and prosperity, he added.

    Following the meeting, the two heads of state witnessed the signing of multiple bilateral cooperation documents covering agriculture, customs, science and technology, media and other fields. 

    Chinese President Xi Jinping meets with Kyrgyz President Sadyr Japarov on the sidelines of the second China-Central Asia Summit in Astana, Kazakhstan, June 17, 2025. (Xinhua/Zhai Jianlan)

    MIL OSI China News

  • MIL-OSI China: Xi says China willing to work with Turkmenistan to fully unlock potential for cooperation based on win-win collaboration 2025-06-17 22:05:17 Chinese President Xi Jinping on Tuesday said China is willing to work with Turkmenistan to fully unlock the potential for cooperation on the basis of mutual respect and win-win collaboration.

    Source: People’s Republic of China – Ministry of National Defense

      Chinese President Xi Jinping meets with Turkmen President Serdar Berdimuhamedov on the sidelines of the second China-Central Asia Summit in Astana, Kazakhstan, June 17, 2025. (Xinhua/Yan Yan)

      ASTANA, June 17 (Xinhua) — Chinese President Xi Jinping on Tuesday said China is willing to work with Turkmenistan to fully unlock the potential for cooperation on the basis of mutual respect and win-win collaboration.

      Xi made the remarks in a meeting with Turkmen President Serdar Berdimuhamedov on the sidelines of the second China-Central Asia Summit in the Kazakh capital of Astana.

      Xi urged China and Turkmenistan to scale up natural gas cooperation, expand cooperation in non-resource fields and optimize trade structure. He called on the two sides to accelerate the establishment of cultural centers in each other’s countries and promote people-to-people connectivity.

      Xi said that China supports Turkmenistan’s accession to the World Trade Organization.

      Chinese President Xi Jinping meets with Turkmen President Serdar Berdimuhamedov on the sidelines of the second China-Central Asia Summit in Astana, Kazakhstan, June 17, 2025. (Xinhua/Zhai Jianlan)

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    MIL OSI China News

  • MIL-OSI China: Xi calls on China, Tajikistan to expand scale of bilateral trade, investment 2025-06-17 22:05:24 Chinese President Xi Jinping on Tuesday called on China and Tajikistan to expand the scale of bilateral trade and investment.

    Source: People’s Republic of China – Ministry of National Defense

    Chinese President Xi Jinping meets with Tajik President Emomali Rahmon on the sidelines of the second China-Central Asia Summit in Astana, Kazakhstan, June 17, 2025. (Xinhua/Li Tao)

    ASTANA, June 17 (Xinhua) — Chinese President Xi Jinping on Tuesday called on China and Tajikistan to expand the scale of bilateral trade and investment.

    Xi made the remarks in a meeting with Tajik President Emomali Rahmon on the sidelines of the second China-Central Asia Summit in the Kazakh capital of Astana.

    Xi recalled that during his visit to Tajikistan last year, he and Rahmon jointly announced the establishment of a comprehensive strategic cooperative partnership in the new era between China and Tajikistan, and made new plans and arrangements for all-round cooperation between the two countries.

    He said the two sides should promptly implement them, deliver more practical results, and advance the high-quality construction of the China-Tajikistan community with a shared future.

    Xi emphasized that China is a trustworthy neighbor and partner of Tajikistan and firmly supports Tajikistan in safeguarding its national independence, sovereignty and security.

    China and Tajikistan should give full play to the role of the strategic dialogue mechanism between the two countries’ foreign ministers, and coordinate and advance cooperation in various fields, said Xi.

    The two countries should expand the scale of bilateral trade and investment, further speed up the construction of transportation infrastructure projects, and continuously promote connectivity, he said.

    The role of the Confucius Institutes, Luban Workshop and Center for Traditional Medicine should be fully leveraged, while the “Chinese Culture Day” to be held this autumn in Tajikistan should be well organized, Xi said.

    He stressed that China and Tajikistan should further strengthen law enforcement and security cooperation and step up efforts to crack down on terrorism, separatism and extremism.

    The two countries share common interests in safeguarding multilateralism and defending international economic and trade order, Xi said, calling on both sides to enhance coordination and collaboration within multilateral mechanisms including the China-Central Asia cooperation mechanism.

    China supports Tajikistan to play an important role in global climate governance, Xi added.

    For his part, Rahmon said China, under the strong leadership of President Xi, has achieved significant economic and social development accomplishments, and played an important role in international affairs.

    He noted that Xi’s historical visit to Tajikistan last year has opened up new prospects for bilateral ties, and elevated the strategic cooperation between Tajikistan and China to a new level, adding that both sides are actively implementing the outcomes of the visit while cooperation in various fields is flourishing.

    The Tajik side, he said, is ready to maintain close high-level exchanges with China and enhance strategic communication.

    He also said that Tajikistan is willing to strengthen cooperation in traditional fields such as trade, investment, agriculture and infrastructure construction, and expand cooperation in emerging fields like new energy, green industries and artificial intelligence.

    Tajikistan is ready to work with China to promote people-to-people and cultural exchanges, ensure “Chinese Culture Day” a success, and deepen cooperation in law enforcement and security, Rahmon said.

    He also called on both sides to strengthen coordination and cooperation so that the Shanghai Cooperation Organization and the China-Central Asia mechanism can play a bigger role.

    Chinese President Xi Jinping meets with Tajik President Emomali Rahmon on the sidelines of the second China-Central Asia Summit in Astana, Kazakhstan, June 17, 2025. (Xinhua/Yan Yan)

    MIL OSI China News

  • MIL-OSI China: Xi says all related parties should work to de-escalate Mideast tension as soon as possible, avoid further escalation 2025-06-17 22:09:18 Chinese President Xi Jinping said here Tuesday that all related parties should work to de-escalate tensions in the Middle East as soon as possible and avoid further escalation.

    Source: People’s Republic of China – Ministry of National Defense

      Chinese President Xi Jinping meets with Uzbek President Shavkat Mirziyoyev on the sidelines of the second China-Central Asia Summit in Astana, Kazakhstan, June 17, 2025. (Xinhua/Zhai Jianlan)

      ASTANA, June 17 (Xinhua) — Chinese President Xi Jinping said here Tuesday that all related parties should work to de-escalate tensions in the Middle East as soon as possible and avoid further escalation.

      Xi made the remarks during his meeting with Uzbek President Shavkat Mirziyoyev on the sidelines of the second China-Central Asia Summit in the Kazakh capital of Astana.

      Xi said China is deeply worried as Israel’s military operation against Iran has caused a sudden escalation of tensions in the Middle East, adding that China opposes any actions that infringe upon sovereignty, security and territorial integrity of other countries.

      He said military conflicts are not the solution to problems, and the escalation of regional situations is not in the common interests of the international community.

      Xi said China is ready to work with all parties to play a constructive role in restoring peace and stability in the Middle East. 

      Chinese President Xi Jinping meets with Uzbek President Shavkat Mirziyoyev on the sidelines of the second China-Central Asia Summit in Astana, Kazakhstan, June 17, 2025. (Xinhua/Yan Yan)

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  • MIL-OSI United Kingdom: STATEMENT: UK Government must withdraw support for Israel as conflict grows

    Source: Scottish Greens

    We stand for lasting peace and an end to the UK’s active participation in war

    As the conflict in the Middle East grows threatening a wider war, the Scottish Greens are calling on the UK Government to withdraw their support for the state of Israel. 

    Party co-leader Patrick Harvie MSP has issued this statement:

    The world is an increasingly dangerous place, and the actions of far too many Governments, including the UK, are making that worse.

    Just a few years ago, the vast majority of the world stood solidly against Putin’s invasion of Ukraine and opposed the illegal occupation. Now we’ve seen that unity fractured by a US President who threatens democratic countries and flatters dictators.

    Worse, we have seen a breath-taking failure of the global community to take the same united position against the grotesque violence being inflicted on Palestinians. The US, the UK and others are actively abetting genocide while allowing Israel to block media access to Gaza to prevent the world from seeing the atrocities they are committing. 

    Even a former Israeli Prime Minister has called Netanyahu’s government a gang of thugs, and every day they find new ways to prove him right. 

    Now Israel has expanded its attacks to Iran, in a clear attempt to escalate the conflict and provoke a much wider war. Threats have been made against the whole of Tehran, a city of over 9 million people. 

    The Scottish Greens have long called for a lasting ceasefire and an end to the UK’s active participation in the ongoing genocide of Gaza. The case for boycotts, divestment and sanctions against Israel has grown ever stronger the longer its illegal occupation of Palestine has gone on, and is now urgent.

    Yet Keir Starmer’s Government is still refusing to end the UK’s involvement, actively resourcing and training Israeli forces, and treating the country as an ally instead of the profound threat to global security that it is. 

    The UK must immediately withdraw all support for this violent rogue state, and work with other countries to have its Government held accountable for their war crimes. 

    Any Government, in any country, which fails to act has lives on its conscience, and international law will ultimately hold them complicit for their actions.
     

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: 2 brothers and father pay over £50,000 in confiscation orders

    Source: United Kingdom – Executive Government & Departments

    Press release

    2 brothers and father pay over £50,000 in confiscation orders

    The Environment Agency has successfully secured confiscation orders for over £50,000 for storing illegal material on a site in Skegness, Lincolnshire.

    Skegness site

    A Proceeds of Crime Act case was completed at Leeds Crown Court on Friday 13 June 2025.

    This followed the prosecution of the trio for failing to comply with an environmental permit between June 2015 and April 2017.

    On Friday (13 June), a confiscation order of £1,128 was imposed on Michael Todd, 65, of Leeds Road, Barwick-in-Elmet. He was given 3 months to pay or face a 6 week prison sentence.

    At a previous hearing on February 17 2025, the court imposed the following confiscation orders on:

    Thomas Todd, 36, of Steel Lane, Halifax, was ordered to pay £30,144.74 within 6 weeks or face an 8 month spell in prison.

    His brother, Jamie Todd, 44, of Wakefield Road, Drighlington, Leeds, received an order for £19,336.87 within 3 months or face a 6 month period in prison.

    Though the permit allowed for the processing of mixed waste, it required a fire prevention plan which was never properly implemented.

    Inspections found that waste was being stacked too high and too closely together, creating a fire risk. The waste had also become a health risk following an influx of mice and a problem with flies.

    As a result, the Environment Agency suspended the site’s permit, stopping new material from being brought in between December 2015 and February 2016.  Despite the suspension, the Todds continued to operate.

    Further visits officers between March and May 2016 found that there were no firebreaks between the waste.

    The trio previously received these sentences:

    In May 2023, Thomas and Jamie Todd were both sentenced to 8 months immediate custody and were disqualified from acting as a director of a business for 5 years.

    In May 2023, Michael Todd was sentenced to a 12-month Community Order with 15 rehabilitation activity requirement (RAR) days and 100 hours of unpaid work. He was also disqualified from acting a company director for 5 years.  

    A fourth man, Bryan Walker, 62, of Beckhill Vale, Leeds, was given a 12-month community order with 10 Rehabilitation Activity Requirement Days. He was also disqualified from acting as a director of a business for 5 years.

    A spokesperson for the Environment Agency said:

    “The case shows that we’re not just content to prosecute those who run illegal waste sites, we’ll also come after them to get back the profits they made from their illegal activities and to recoup taxpayers’ money spent on pursuing them. 

    “Waste crime can have a serious environmental impact which puts communities at risk and undermines legitimate business and the investment and economic growth that go with it. 

    “We support legitimate businesses and we are proactively supporting them by disrupting and stopping the criminal element backed up by the threat of tough enforcement as in this case. 

    “We continue to use intelligence-led approaches to target the most serious crimes and evaluate which interventions are most effective. 

    “If you see or suspect waste crime is being committed we urge you to report it immediately to CrimeStoppers on 0800 555 111.”

    Updates to this page

    Published 17 June 2025

    MIL OSI United Kingdom