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Category: Europe

  • MIL-OSI Russia: The government has set a priority for environmentally friendly transport in public procurement

    Translation. Region: Russian Federal

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

    Document

    Resolution of June 12, 2025 No. 889

    The government has adjusted the procedure for purchasing cars and vehicles for state and municipal needs, establishing priority for environmentally friendly types of transport in such purchases. A resolution on this has been signed.

    We are talking about changes to individual government regulations in the area of public procurement, which determine what goods and with what characteristics government customers can purchase.

    In particular, now, when making government purchases, they must primarily purchase vehicles that run on natural gas fuel and electric vehicles instead of vehicles that run on traditional types of fuel – diesel and gasoline.

    At the same time, purchasing petrol or diesel vehicles is permitted in exceptional cases – when justifying the impossibility of purchasing vehicles running on alternative types of fuel, for example, due to the absence of gas filling infrastructure and charging infrastructure for electric vehicles in the territory where the purchased vehicles are planned to be used.

    The decision will contribute to improving the environment and will support domestic enterprises producing environmentally friendly transport.

    The signed document introduces changes toGovernment Resolution of September 2, 2015 No. 926 AndGovernment Resolution of September 2, 2015 No. 927.

    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 Russia: Financial news: Parameters of REPO auctions in rubles

    Translation. Region: Russian Federal

    Source: Central Bank of Russia (2) –

    Date of the auction Type of tool Term Date of execution of the first part of the transactions Date of execution of the second part of the transactions Maximum amount of funds provided* (billion rubles) Minimum possible rate in the application (% per annum)
    06/17/2025 Basic 7 d. 06/18/2025 06/25/2025 1 020 20.00
    06/10/2025 Basic 7 d. 06/11/2025 06/18/2025 920 20.00
    03.06.2025 Basic 7 d. 06.06.2025 06/11/2025 620 21.00

    Data available from 24.06.2009 to 17.06.2025.

    * A dash (—) in the column means that the repo auction is carried out without setting a limit, all received applications, subject to compliance with other requirements established for the specified operations, are satisfied in full.

    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 Russia: Interview with Alexander Novak for Vedomosti newspaper

    Translation. Region: Russian Federal

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

    Alexander Novak: The main factors of economic development are within our country.

    Question: One of the key tracks of the upcoming SPIEF is: “The World Economy – a New Platform for Global Growth”. Over the past few months, the world economy has experienced not just a series of shocks, but real tectonic shifts. In your opinion, is global growth, in the context of a general movement, possible or is the world steadily moving towards regionalization?

    A. Novak: Global economic growth will continue to some extent until 2030. However, the dynamics of its growth will depend on new challenges and threats that primarily affect global trade flows. This primarily concerns the increasing economic fragmentation of global markets – when trade, investment, exchange of services and technologies are subject to the logic of “mine” and “others”. As a result, investment activity and the well-being of the world’s population are declining.

    These processes did not begin yesterday. Since the early 2000s, the economic center of the world has been shifting from the West to the East. Developing countries, primarily China, are gaining a much greater role in the global economy. Of course, this situation does not suit those who are used to dictating their terms. And we increasingly see how, in order to counteract the growing influence of developing countries on the world economy, Western countries are making active attempts to maintain the status quo on the world stage and preserve their leadership.

    As a consequence, the strengthening of protectionism in the national economy and the revision of the existing results of globalization come to the fore. The main steps in this direction were the actual destruction of the multilateral mechanisms of the WTO, unilateral tariff and non-tariff restrictions on developing countries under the pretext of “threats to national interests”, and the introduction of various sanctions against competitors.

    The current escalation of tariff restrictions is also, of course, another consequence of the confrontation between the West and the rest of the world. The desire to maintain dominant positions in the global economy is happening by “pushing” bilateral agreements instead of multilateral ones. And such steps obviously lead to a new round of regionalization, observed since 2022, and the consolidation of countries within “blocs”.

    In the current conditions, the priority for us is to ensure the implementation of the national development agenda and the construction of sustainable partnerships with friendly countries with their own infrastructure to ensure the interests of these partnerships. This concerns the economic, financial and technological sovereignty of the Russian Federation, which, in the context of involvement in global value chains, requires, first of all, a reconfiguration of foreign economic relations with trading partners.

    I would like to remind you that we took into account the trends of regionalization of the global economy when preparing the Strategy for Foreign Economic Activity adopted by the government at the beginning of last year, therefore, relations with trading partners are built and developed taking into account the influence of geo-economic fragmentation and the opportunities opening up for Russia.

    Question: One of the undisputed leaders of destabilization has become the new US tariffs, which with a high degree of probability will lead to a redrawing of trade flows. What is this primarily for Russia – a risk or an opportunity? How many percent or percentage points of Russia’s GDP can a global trade war take away?

    A. Novak: Subtract or add? No, seriously, from the point of view of forecasting, the situation in world trade is currently the largest zone of uncertainty. There are a great many development options, their implementation depends on a large number of external and internal factors.

    The world is wider than individual Western countries and their circle of partners. Most likely, the situation with trade wars will not be universal. Some commodity flows will be redirected, as usually happens in trade wars.

    At the same time, there will be no repetition of the pandemic situation, when global trade stopped and trade flows collapsed. Therefore, the baseline forecast scenario approved by the government assumes that the growth rate of global trade will slow down, but will not go into recession.

    You are right, for us there are really two sides to the coin: risks and opportunities. The risks are related to the overall slowdown of the global economy, as well as demand and prices for traditional Russian export goods. On the other hand, this is a possible reduction in logistics costs, the opening of new niches, the substitution of Russian products for goods that will leave certain markets. From the point of view of imports, risks arise for our domestic market and domestic producers.

    And yet, no matter how the situation in the world develops, the main factors of the development of the Russian economy are not outside, but inside our country. The main one, with all the importance of the proactive work of the government and the Bank of Russia, is private entrepreneurial initiative. The flexibility and adaptive capacity of national business is the key to the stability of our economy in recent years. The main task of the authorities is to develop and support these qualities in every possible way.

    However, when you think about all the changes that you said were caused by “destabilizing US tariffs,” it is important to understand that tariffs are just a tool, and the goal is not to redirect trade flows. The goal, apparently, is to return key production chains to the native territory of the United States, to return production, competencies, infrastructure. Localization of value chains is what the Trump administration wants to achieve. What level of tariffs is needed to deploy investment? This is an interesting question. I think 10-15% of the final tariff, given how many times goods cross customs borders in the modern world, will be quite enough to create incentives to redirect investment flows. And the current 50% or 100% tariffs are nothing more than a negotiating position from which negotiating tactics have begun to form.

    Question: Is the government considering measures to stimulate investment activity of Russians? Can more active attraction of citizens’ funds to the stock market help businesses solve the problem of lack of financing?

    A. Novak: Yes, of course, measures to stimulate investment activity are being taken, including, as you know, within the framework of the national project “Efficient and Competitive Economy” and the federal project “Development of the Financial Market” included in it. Also, separate support measures of the federal projects “SME” and “Technology” are aimed at the development of SMEs and small technology companies by attracting funds from the financial market, respectively.

    In the context of achieving the “May decree” indicators, our citizens have the opportunity to invest in long-term instruments. For example, one of them is the Long-Term Savings Program, LTS. It involves the state creating conditions for the formation of long-term savings, which are formed both from personal funds and from the pension savings of citizens.

    This program is a new universal savings product that will allow everyone, with the stimulating support of the state, to form capital for their priority goals. PDS is especially relevant for families seeking to provide for the future of their children, create a financial safety net, purchase housing or pay for education. Together with banks, we are trying to actively inform citizens about the availability of such programs and the opportunities they provide.

    Another tool for stimulating investment is more active attraction of citizens’ funds to the stock market, which can have a significant impact on solving the problem of lack of financing for businesses. Firstly, attracting citizens’ funds will help diversify sources of financing for businesses. This will reduce companies’ dependence on bank loans and allow them to more easily adapt to changing economic conditions.

    In addition, active participation of citizens in the stock market can contribute to increasing the financial literacy of the population. Educated investors better understand the risks and opportunities, and accordingly, they make more informed investment decisions. This, in turn, creates a healthier investment environment and promotes economic growth.

    Of course, we understand that the designated incentives will work much better with a reduction in deposit rates. This applies to interest rates on both deposits and loans. According to our estimates, a gradual, correct cooling of the economy is already underway. Citizens will eventually withdraw from deposits and consider the possibility of diversifying their savings.

    Question: What drivers do you think the capital market might have in the current geopolitical and economic conditions?

    A. Novak: There are several such incentives or drivers now. The main “driver” is macroeconomic stability. Reducing inflation expectations, consistent and predictable economic policy contribute to the growth of investor confidence in the stock and bond market.

    Controlling inflation helps reduce investment risks and increases the attractiveness of assets in the capital market.

    In the context of sanctions pressure and limited access to international financial markets, Russian companies are seeking to find new sources of financing within the country. As a result, there is demand for financial instruments such as bonds and shares, and this can contribute to the growth of the stock market. An increase in the number of issuers and an expansion of the range of financial products offered also contribute to the development of the capital market.

    The development of infrastructure for attracting investment can also be an important driver. Authorities and financial institutions can introduce new mechanisms to support business, such as tax incentives for investors, programs to improve the financial literacy of the population, and the creation of more convenient conditions for entering the stock market. This will not only increase the number of investors, but also increase their confidence in financial instruments.

    In addition, in my opinion, digitalization and the development of financial technologies, digital platforms give a significant boost to the capital market. Another plus in this regard is that digital technologies contribute to the growth of liquidity and the reduction of transaction costs.

    Question: At the recent government strategy session on the National Model of Target Conditions for Doing Business, you specifically emphasized that by 2030, Russia should be among the top 20 countries in terms of the investment climate, as assessed by the World Bank B-READY rating. This rating will be discussed at the SPIEF. What do you see as the key priorities for improving the business climate in Russia? In what aspects are there the largest “development zones” today?

    A. Novak: First of all, I would like to clarify that the World Bank’s international rating of the business and investment climate is one of the bases for the formation of the National Model of Target Conditions for Doing Business, along with Russia’s national development goals and the rating of the state of the investment climate.

    When analyzing the data of the pilot study of the business climate in Russia, conducted by the Agency for Strategic Initiatives, “development zones” were identified. Within the areas of engineering infrastructure, labor standards, taxation, dispute resolution, businesses have the most difficulties with the effectiveness of law enforcement of public services, even taking into account the well-developed regulatory framework in the country. We have formed working groups that are currently developing initiatives to improve indicators, such as reducing the number of hours for preparing and submitting tax reports. We are talking about reporting, which currently amounts to about 160 hours per year. Another example: the implementation of initiatives to develop alternative forms of dispute resolution, primarily through arbitration courts and mediation.

    The opposite situation has developed in the areas of business registration, financial services, and bankruptcy procedures. The assessment shows the need to improve regulatory and legal acts in Russian legislation. For example, such initiatives as the development and adoption of norms on restructuring, on pre-trial debt restructuring in order to reduce the period of bankruptcy of companies. In addition, norms are being discussed that change the process of asset sales and asset replacement in bankruptcy proceedings.

    Focusing, among other things, on the international rating, we plan to present the key priorities and results of the formation of the National Model at the St. Petersburg Forum; we are open and will be glad to have as many interested parties as possible participate in the discussion.

    Question: Does the government have a scenario for economic development in which sanctions against Russia are relaxed? If so, which restrictions do you think would be the most realistic to lift?

    A. Novak: Such a scenario is among many forecasts developed by the Ministry of Economic Development, but it is not the main one. The basic forecast scenario approved by the government does not include any drastic changes in terms of sanctions pressure.

    Question: Oil prices are now also under the control of geopolitics. In your opinion, can we say that we are once again entering an “era of low prices”? Is OPEC’s decision to accelerate production growth relevant in this context? Is its adjustment being discussed?

    A. Novak: Global oil prices have historically been under pressure from both political factors and the balance of supply and demand. The key factor of volatility in recent years has been the situation in the Middle East and the risks of supply restrictions through the Strait of Hormuz, as well as the ongoing recovery of the global economy and the risks associated with trade wars unleashed by the United States.

    Historically, affordable prices provoke additional demand for oil while global fuel competition continues. And in general, the world is experiencing a need for additional volumes of raw materials. We believe that OPEC objectively assesses the situation regarding the prospects for global oil demand, and we highly appreciate the competence of OPEC experts.

    As for the issue of adjustment, OPEC countries are in constant contact, monitor the market situation and are ready to respond flexibly and promptly to any changes in the market situation. If necessary, the parameters of the deal can be adjusted in the future to ensure an optimal balance between supply and demand.

    And in the short term, oil prices are always under the power of geopolitics. For example, the current aggravation of the Israeli-Iranian conflict. The key questions that good economists ask in such cases of external shocks are whether the shock is temporary (short-term) or permanent (permanent) and from which side is it – demand or supply? And from these options, the scenario and development of optimal policy occurs.

    Question: The SPIEF is planning to discuss the balance of interests of producers and consumers in the global fuel and energy market. You personally participated in the formation of the current architecture of balance, which allowed the markets to be stabilized. Today, do you see risks of disruption of the balance of supply and demand in the oil market in the medium term?

    A. Novak: The data show that in April, the demand for oil in the world was about 103.1 mbps with supply at 103.7 mbps. Given the current state of the oil market and its overall balance, as well as the traditionally high demand season in the summer, it is extremely important for each country to fulfill its obligations.

    The radical change in the external economic environment (I mean the growing sanctions pressure, the unstable geopolitical situation in the Middle East, as well as the high volatility in the global oil market) confirms that the current mechanism for implementing the agreement is the most effective tool. It ensures maximum efficiency of oil production and state revenues. Thus, OPEC plays and will continue to play a coordinating role in the market, as it has been for the past five years.

    Question: SPIEF is traditionally a platform for international dialogue. In your opinion, what are the most important factors that will determine future relations between energy producing and consuming countries, and how can Russia contribute to strengthening cooperation and stability in this dynamic environment?

    A. Novak: We are witnessing a transformation of the energy market, where, against the backdrop of accelerating energy consumption, accelerated growth is observed in all types of energy resources, both traditional ones – oil, gas, coal, and renewable energy sources. A renaissance in demand for the development of nuclear power plants is observed.

    The key drivers have already become the growth of the population in developing countries and the extensive development of data processing systems. And all this against the backdrop of the introduction of artificial intelligence.

    The recent major power outages in Spain and Portugal show that it is important to provide the population with electricity at economically feasible prices. Also, in addition to domestic generation and the choice of the optimal source in the conditions of inter-fuel competition, it is very important to ensure the possibility of delivering primary resources at acceptable prices.

    In this regard, I cannot help but state the obvious. Russia is a key supplier of energy resources around the world. And not only oil, gas and LNG, but also coal, which in the context of growing demand is an important competitive advantage. Russia is also a reliable partner in the supply of its energy resources, all contract terms are observed, and, given the current realities in the world, only long-term contracts and responsible relationships can become guarantors of a stable supply of energy resources.

    Question: In your opinion, in connection with recent geopolitical events, does the recently approved Energy Strategy need to be adjusted, or does it already take into account all possible risks?

    A. Novak: When developing the Energy Strategy until 2050, a pool of scenarios was considered that assumed various internal and external prerequisites and results of the development of Russian energy. In particular, the Energy Strategy until 2050 takes into account the stress scenario, which assumes a significant decrease in the production indicators of the fuel and energy complex industries against the background of a reduction in export opportunities and a general deterioration in external operating conditions.

    The calculation of quantitative indicators within the framework of the strategy’s stress scenario made it possible to identify the main challenges for the Russian energy sector in each of its sectors and to develop special measures to mitigate the consequences if such a scenario is implemented.

    But, of course, in case of significant changes not taken into account in the wide range of strategy scenarios, adjustments can be made to it. However, the main areas of work will remain the same.

    Question: Is the Power of Siberia 2 project still relevant in the current conditions? Have you managed to reach an agreement with your colleagues from China on the cost of gas? If so, when can a contract be signed for the project and what volume of supplies is currently being discussed?

    A. Novak: China is one of the largest energy consumers in the world, and its rapid economic development, industrial growth and urbanization contribute to a constant increase in energy demand. Particularly noticeable is the growing role of natural gas, which is used as a cleaner alternative to coal. In 2024, gas demand in China amounted to about 430 billion cubic meters, compared to 373 billion cubic meters in 2021, that is, an increase of 15%.

    In recent years, the role of renewable energy sources has also increased significantly in China’s energy sector – the country is the undisputed leader in terms of installed solar and wind generation capacity. If in 2021 the figure was 636 GW, then by 2024 it reached about 1400 GW. However, the growth in the use of renewable energy sources does not mean abandoning natural gas. Gas is expected to be used as a “balancing” fuel in cases of insufficient electricity generation from renewable energy sources and will remain the guarantor of China’s energy security. According to the forecast of the International Energy Agency, in the scenario of current policies, China will increase gas consumption throughout the forecast period, until 2050. By this time, gas demand in China is expected to increase by more than 30% compared to 2023.

    Russia, which is the leader in natural gas reserves (currently 63.4 trillion cubic meters), remains one of the main suppliers of this fuel to China. In this regard, the Power of Siberia 2 project undoubtedly remains relevant. As for the rest, more detailed information directly on the project itself is the subject of commercial negotiations.

    Question: Are there plans to build an oil pipeline to China parallel to Power of Siberia 2? You spoke about the possibility of delivering up to 30 million tons of oil per year through it. Has China confirmed its interest in this project? In what time frame could such a pipeline be built? Is there a preliminary estimate of its cost?

    A. Novak: I repeat: since the implementation of the project is the responsibility of the specialized companies, the details of the agreements are classified as a commercial secret and were not made public. However, I will add that, according to OPEC forecasts, China’s demand for oil in 2023-2050 will grow by an average of 2.5% per year. Against this background, the implementation of new infrastructure projects appears to be an important part of the sphere of interests of China’s fuel and energy sector.

    Question: Are there any risks for the National Welfare Fund due to the reduction in oil and gas budget revenues? The Ministry of Finance is already considering the possibility of adjusting the cutoff price under the budget rule. In this case, what are the prospects for the Russian “piggy bank”? Do you think it is important to continue accumulating the National Welfare Fund?

    A. Novak: Today, the cutoff price according to the budget rule is $60/bbl, and the average Urals FOB in January–April 2025 fluctuates in the range of $59–60/bbl.

    But current world oil prices are a short-term consequence of the current market situation, taking into account the growing factor of trade wars and geopolitical tensions, and do not suit most key oil producers. Therefore, oil prices will be adjusted as the effect of “market shocks” is leveled out and will take on an upward trend.

    As for the National Welfare Fund, it is certainly important to continue to accumulate it. The fund not only allows for the implementation of social projects and the maintenance of the well-being of citizens, but also promotes the development of industry and infrastructure in Russia.

    Question: Is there a need to replace the export of raw materials and first-stage products with new high-tech goods? Are new mechanisms of support from the state needed for this?

    A. Novak: In the context of increased sanctions pressure on the Russian fuel and energy complex, active import substitution is taking place. In parallel, work is actively underway to complete the modernization of oil refineries to improve the quality of manufactured products. The volume of oil and gas engineering currently exceeds 500 billion rubles, and by 2030 it is planned to import-substitute critical equipment by 100%.

    If we look at it from the point of view of petrochemistry, then by 2030 it is planned to increase the volume of production of large-tonnage plastics several times – up to 14 million tons. The development of oil refining will allow to fully provide the domestic market at reasonable prices. In implementing all import substitution projects, Russia is ready to start exporting services and supplying energy on a turnkey basis, that is, from raw materials to the construction of processing complexes in other countries.

    Thus, key measures to support both mechanical engineering and secondary product manufacturing are already being implemented in our country. New measures and mechanisms of support from the state require working out the effects and assessing the impact on the industry.

    Question: The key topic of SPIEF: common values are the basis for growth in a multipolar world. At the beginning of our conversation, we already discussed economic regionalization, but no less important is the division by value orientations. Until recently, carbon neutrality seemed to be a common goal for all countries: programs were adopted, significant budgets were allocated to solve these problems. But Trump’s rise to the presidency of the United States violated the status quo. He said that too much emphasis on renewable energy sources threatens the security of the United States. Do you see in this a general reversal and a paradigm shift in public and political consciousness? In your opinion, how can we maintain a balance between the world of the present and the world of the future, taking into account the priorities of all generations?

    A. Novak: Look what we see today? The aggressive policy of achieving carbon neutrality to the detriment of economic efficiency and the trend towards global replacement of traditional energy sources with renewable energy sources is gradually shifting to a more pragmatic direction. Many countries are adapting their energy policies towards an economically balanced approach to choosing energy sources.

    According to BloombergNEF’s annual report, global energy transition investment in 2024 grew by 11%, exceeding $2 trillion for the first time. However, the growth rate was lower than in the previous three years, when investment grew by 24-29% per year. Thus, to achieve carbon neutrality and net-zero emissions goals by mid-century, global energy transition investment in 2025-2030 will need to average $5.6 trillion per year.

    But investors pulled more than $30 billion out of climate-focused funds last year, ending a four-year boom that saw the value of assets increase sevenfold to $541 billion. Despite a six-fold increase in energy transition investment over the past 10 years, it is still only 37% of what is needed to achieve carbon neutrality. China was the largest such market, with $818 billion in investment.

    Factors that significantly limit the possibilities for large-scale implementation of renewable energy sources include insufficient transmission capacity of electrical networks, the expansion of which significantly reduces the economic efficiency of such generation. There are also limitations associated with the dependence of production on weather conditions. And all this against the background of a low level of maturity of energy storage technologies.

    The recent energy crisis in Spain and Portugal further confirms that today it is the grid complex that is the least prepared element of the energy system to operate in the conditions of the energy transition. Therefore, in the conditions of the current level of development of energy systems and the risks caused by this, it is necessary, first of all, to ensure a balance between economic efficiency, reliability of energy supply and the level of greenhouse gas emissions.

    Source – Vedomosti newspaper

    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 Russia: Startup as a diploma: projects of GUU students among the best

    Translation. Region: Russian Federal

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

    Projects by students from the State University of Management were included in the TOP-50 of the All-Russian competition of final qualifying works in the format “Startup as a Diploma”.

    “Startup as a Diploma” is an all-Russian competition of final qualification works, which are real business projects created by one student or a team, demonstrating the level of preparation for independent professional activity. The purpose of the competition is to present the results of the “Startup as a Diploma” program as the potential for the development of youth entrepreneurship in the region.

    According to the results of the competition, projects by GUU students Danila Yakovlev and Mikhail Zorin were among the top 50.

    Danila Yakovlev’s project – innovative glass pebbles “

    Mikhail Zorin presented the HolterTECH wireless holter project, consisting of 12 cardiac sensors collecting and transmitting ECG to a recorder, which allows monitoring the heart from all sides and can be used in sports and medical products. The project solves the problems of both patients and clinics. Patients receive convenient and accurate methods of monitoring heart diseases, which minimizes the risk of missing disease symptoms. Clinics improve the quality of services provided to patients, which significantly increases their competitiveness.

    The authors of the best projects will take part in the Competition Final and the award ceremony for the winners and teams, which will take place on June 26-27 in Moscow at the site of the Public Chamber of the Russian Federation.

    We congratulate our students and wish them further success!

    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 Europe: ASIA/SOUTH KOREA – A new documentary on the story of Father Stephano Kim Seong-hyeon, a Korean missionary in Mongolia

    Source: Agenzia Fides – MIL OSI

    Tuesday, 17 June 2025

    Seoul (Agenzia Fides) – Retracing the life and mission in Mongolia of Father Stephano Kim Seong-hyeon: this is the objective of the new documentary published on the Korea Catholic Times YouTube channel, entitled in English “Who is a priest?” which traces the story of the Fidei donum missionary of the diocese of Daejeon, who died suddenly at the age of 55 in May 2023.Seoul (Agenzia Fides) – Ripercorrere la vita e l’opera missionaria compiuta in Mongolia dal sacerdote coreano Stephano Kim Seong-hyeon e rispondere al quesito: chi è un prete? Proprio questo interrogativo, in lingua inglese, dà il titolo al nuovo documentario, pubblicato sul canale YouTube del Korea Catholic Times, che ripercorre la storia del missionario Fidei donum della diocesi di Daejeon, morto improvvisamente all’età di 55 anni nel maggio del 2023.[embedded content]A member of the Prado Secular Institute for Men, Father Stephano arrived in Mongolia in 2002. He founded the parish of St. Mary of the Assumption in the Khan Uul region before moving to the steppe, about 200 kilometers from the capital, and stopped in Erdenesant. There he shared the lifestyle of nomadic shepherds, living in a ger, the traditional Mongolian tent, and traveling on horseback.In 2020, Bishop Giorgio Marengo, a Consolata missionary and then newly appointed Apostolic Prefect of Ulaanbaatar, elected him as his vicar. For three years, Father Stephano devoted himself intensely to the pastoral care of the cathedral’s faithful, the resident Korean community, and the many needs of the Prefecture.The documentary, co-produced by the Korean Prado Priests Association, which celebrates its 50th anniversary this year, also offers a reflection on the spirituality of Blessed Antoine Chevrier, founder of the institute. Furthermore, the documentary, available online for free, is the second audiovisual production dedicated to the missionary produced by the Korea Catholic Times.Last year, together with the Diocese of Daejeon, he presented the documentary “Wind of the Prairie – The Last Lecture of a Mongolian Missionary,” which won Best Production in the Internet Radio category at the 34th Korea Catholic Mass Media Awards for its ability to convey the profound spirituality of Father Stephano Kim Seong-hyeon. (F.B.) (Agenzia Fides, 17/6/2025)
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  • MIL-OSI Europe: ASIA/SOUTH KOREA – A new documentary on the story of Father Stephano Kim Seong-hyeon, a Korean missionary in Mongolia

    Source: Agenzia Fides – MIL OSI

    Tuesday, 17 June 2025

    Seoul (Agenzia Fides) – Retracing the life and mission in Mongolia of Father Stephano Kim Seong-hyeon: this is the objective of the new documentary published on the Korea Catholic Times YouTube channel, entitled in English “Who is a priest?” which traces the story of the Fidei donum missionary of the diocese of Daejeon, who died suddenly at the age of 55 in May 2023.Seoul (Agenzia Fides) – Ripercorrere la vita e l’opera missionaria compiuta in Mongolia dal sacerdote coreano Stephano Kim Seong-hyeon e rispondere al quesito: chi è un prete? Proprio questo interrogativo, in lingua inglese, dà il titolo al nuovo documentario, pubblicato sul canale YouTube del Korea Catholic Times, che ripercorre la storia del missionario Fidei donum della diocesi di Daejeon, morto improvvisamente all’età di 55 anni nel maggio del 2023.[embedded content]A member of the Prado Secular Institute for Men, Father Stephano arrived in Mongolia in 2002. He founded the parish of St. Mary of the Assumption in the Khan Uul region before moving to the steppe, about 200 kilometers from the capital, and stopped in Erdenesant. There he shared the lifestyle of nomadic shepherds, living in a ger, the traditional Mongolian tent, and traveling on horseback.In 2020, Bishop Giorgio Marengo, a Consolata missionary and then newly appointed Apostolic Prefect of Ulaanbaatar, elected him as his vicar. For three years, Father Stephano devoted himself intensely to the pastoral care of the cathedral’s faithful, the resident Korean community, and the many needs of the Prefecture.The documentary, co-produced by the Korean Prado Priests Association, which celebrates its 50th anniversary this year, also offers a reflection on the spirituality of Blessed Antoine Chevrier, founder of the institute. Furthermore, the documentary, available online for free, is the second audiovisual production dedicated to the missionary produced by the Korea Catholic Times.Last year, together with the Diocese of Daejeon, he presented the documentary “Wind of the Prairie – The Last Lecture of a Mongolian Missionary,” which won Best Production in the Internet Radio category at the 34th Korea Catholic Mass Media Awards for its ability to convey the profound spirituality of Father Stephano Kim Seong-hyeon. (F.B.) (Agenzia Fides, 17/6/2025)
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  • MIL-OSI Europe: ASIA/VIETNAM – Eucharistic Youth Movement: A breeding ground for vocations

    Source: Agenzia Fides – MIL OSI

    Movement of Eucharistic Youth

    Ho Chi Minh City (Agenzia Fides) – “The Movement of the Eucharistic Youth in Vietnam is the hope and the future of the Vietnamese Catholic Church since it has wonderful educational methods and no any other Catholic association with the Vietnam Church is as good and lively as the Vietnamese Eucharistic Youth,” said Archbishop Joseph Nguyen Nang at the 6th National Conference of Vietnamese Eucharistic Youth. The Archbishop noted: “the animators, catechists and children are very enthusiastic people working actively in the apostolic mission in the Church of Vietnam. This is an excellent breeding ground for vocations to the priesthood, the consecrated life, and for enthusiastic religious and lay apostles.”The conference was held at Hanh Thong Tay Church in the Archdiocese of Ho Chi Minh City, South Vietnam, from June 12 to 14, 2025, in the presence of many priests and members of the Executive Board of the Diocesan Movement of Eucharistic Youth from the 27 Vietnamese dioceses.Thanks to the shining examples of virtue of the Vietnamese martyrs, the Church of Vietnam always produces Catholic families who live a devout faith, and the Catholic associations that operate positively and enthusiastically in many parishes across the country, among those is “the Movement of Eucharistic Youth”, a movement which boasts a solid organizational structure and strong operational vitality. Today, in the context of the society changing rapidly, the practice of faith in the religious life of the youth worldwide is showing sign of decline. Therefore, cultivating faith for young people in the Vietnamese Church is urgent and must be carried out strategically to educate the young generation with a solid foundation in their faith.During the conference in Ho Chi Minh City, which addressed the theme of hope, particularly in the context of the Holy Year 2025, Bishop Peter Nguyen Van Vien, Chairman of the Vietnamese Commission for Youth and Eucharistic Children, said: “Hope does not only stop at the meaning of fulcrum spiritually but ‘Hope’ here also means a guiding light to the mission of educating and accompanying the youth today.”The general Secretary of the Vietnamese Eucharistic Youth Movement, Father John Le Quang Viet summarized the results and fruits, as well as difficulties and concerns during the past years and expressed his wish for more attention and support from Bishops and parish priests from each diocese and parish so that it can really become a “nursery” for the future of the Vietnamese Church. A very good sign in the Vietnamese Church today is that many Minor Seminaries and Major Seminaries, and Religious Orders for men and women have officially listed the training of animators in their training program of the congregation. Hopefully this work will spread throughout the country, and that the bishops of the diocese will encourage seminarians and young priests to actively learn about the Youth and Eucharistic Movement to accompany the young generation of Vietnam where the proportion of young people is very high, especially for those between the ages of 10 and 24 account for more than 20% of the population.The children who participate in the Eucharistic Youth Movement are usually teenagers who attend weekly catechism classes and mass at parishes on Sundays across the country. Besides, they also participate in monthly activities such as charity work and recreational activities.The Vietnamese Eucharistic Youth is a movement founded on the model of the World Eucharistic Youth Movement, which originated in France. This movement began in 1929 in Vietnam and gradually found a positive response among Vietnamese clergy and laity in many regions. So far, this movement is developing strongly throughout the dioceses all over Vietnam. This is a Catholic Youth organization that gathers the children around Jesus the Lord with the aim of educating them in two aspects: training them to become both good citizens and Christians. The educational foundation of the movement are the Word of God and the teachings of the Catholic Church. The movement invites children to live according to the following principles: – To live following the Word of God and uniting with the Eucharistic by praying, receiving communion, and doing apostolic activity under the guidance of the Holy Spirit. – To promote humanism, preserving and promoting the cultural traditions of the Vietnamese people. (AD/PA) (Agenzia Fides, 17/6/2025)
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  • MIL-OSI Europe: ASIA/VIETNAM – Eucharistic Youth Movement: A breeding ground for vocations

    Source: Agenzia Fides – MIL OSI

    Movement of Eucharistic Youth

    Ho Chi Minh City (Agenzia Fides) – “The Movement of the Eucharistic Youth in Vietnam is the hope and the future of the Vietnamese Catholic Church since it has wonderful educational methods and no any other Catholic association with the Vietnam Church is as good and lively as the Vietnamese Eucharistic Youth,” said Archbishop Joseph Nguyen Nang at the 6th National Conference of Vietnamese Eucharistic Youth. The Archbishop noted: “the animators, catechists and children are very enthusiastic people working actively in the apostolic mission in the Church of Vietnam. This is an excellent breeding ground for vocations to the priesthood, the consecrated life, and for enthusiastic religious and lay apostles.”The conference was held at Hanh Thong Tay Church in the Archdiocese of Ho Chi Minh City, South Vietnam, from June 12 to 14, 2025, in the presence of many priests and members of the Executive Board of the Diocesan Movement of Eucharistic Youth from the 27 Vietnamese dioceses.Thanks to the shining examples of virtue of the Vietnamese martyrs, the Church of Vietnam always produces Catholic families who live a devout faith, and the Catholic associations that operate positively and enthusiastically in many parishes across the country, among those is “the Movement of Eucharistic Youth”, a movement which boasts a solid organizational structure and strong operational vitality. Today, in the context of the society changing rapidly, the practice of faith in the religious life of the youth worldwide is showing sign of decline. Therefore, cultivating faith for young people in the Vietnamese Church is urgent and must be carried out strategically to educate the young generation with a solid foundation in their faith.During the conference in Ho Chi Minh City, which addressed the theme of hope, particularly in the context of the Holy Year 2025, Bishop Peter Nguyen Van Vien, Chairman of the Vietnamese Commission for Youth and Eucharistic Children, said: “Hope does not only stop at the meaning of fulcrum spiritually but ‘Hope’ here also means a guiding light to the mission of educating and accompanying the youth today.”The general Secretary of the Vietnamese Eucharistic Youth Movement, Father John Le Quang Viet summarized the results and fruits, as well as difficulties and concerns during the past years and expressed his wish for more attention and support from Bishops and parish priests from each diocese and parish so that it can really become a “nursery” for the future of the Vietnamese Church. A very good sign in the Vietnamese Church today is that many Minor Seminaries and Major Seminaries, and Religious Orders for men and women have officially listed the training of animators in their training program of the congregation. Hopefully this work will spread throughout the country, and that the bishops of the diocese will encourage seminarians and young priests to actively learn about the Youth and Eucharistic Movement to accompany the young generation of Vietnam where the proportion of young people is very high, especially for those between the ages of 10 and 24 account for more than 20% of the population.The children who participate in the Eucharistic Youth Movement are usually teenagers who attend weekly catechism classes and mass at parishes on Sundays across the country. Besides, they also participate in monthly activities such as charity work and recreational activities.The Vietnamese Eucharistic Youth is a movement founded on the model of the World Eucharistic Youth Movement, which originated in France. This movement began in 1929 in Vietnam and gradually found a positive response among Vietnamese clergy and laity in many regions. So far, this movement is developing strongly throughout the dioceses all over Vietnam. This is a Catholic Youth organization that gathers the children around Jesus the Lord with the aim of educating them in two aspects: training them to become both good citizens and Christians. The educational foundation of the movement are the Word of God and the teachings of the Catholic Church. The movement invites children to live according to the following principles: – To live following the Word of God and uniting with the Eucharistic by praying, receiving communion, and doing apostolic activity under the guidance of the Holy Spirit. – To promote humanism, preserving and promoting the cultural traditions of the Vietnamese people. (AD/PA) (Agenzia Fides, 17/6/2025)
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  • MIL-OSI Europe: AMERICA/HAITI – The humanitarian situation remains catastrophic: people are not giving up hope for a better future

    Source: Agenzia Fides – MIL OSI

    Tuesday, 17 June 2025

    MM

    Pourcine-Pic Makaya (Agenzia Fides) – “Behind every number stands a person whose suffering is immeasurable: children, mothers, the elderly, many of whom have been forced to leave their homes more than once, often with only the clothes they were wearing, and who now live in conditions that are neither safe nor acceptable,” said Amy Pope, Director-General of the United Nations International Organization for Migration, following the release of the Report on June 11, which revealed that nearly 1.3 million people have currently been displaced from their homes due to violence in Haiti, the highest number in the country’s history, equal to 11.5 million.In the first quarter of 2025 alone, another 1,600 people were killed – and 1,000 injured – by criminal gangs, with several massacres claiming dozens of lives each. Port-au-Prince remains the epicenter of the crisis, but gang violence is spreading far beyond the capital, according to the IOM. Recent attacks in the northwestern departments of Centre and Artibonite are said to have forced hundreds of thousands of residents to flee, many of whom are now living in makeshift shelters under extremely precarious conditions. In Artibonite, the largest of the country’s 10 departments, the violence has displaced more than 92,000 people from their homes in the municipality of Petite Rivière alone, which has a population of around 200,000. The situation is even more alarming in the Centre department. In cities with fewer than 200,000 inhabitants, such as Mirebalais and Saut-d’Eau, the number of displaced people has more than doubled from around 68,000 to over 147,000 within just two months. Many people now live without access to medical care, clean water, and schools, leaving already vulnerable families struggling to survive, according to the IOM. As more and more people are forced to flee the country, the number of spontaneously created camps for displaced persons continues to grow. Since December, the number of these camps has risen from 142 to 246.In this climate of suffering, pain, crisis, and abandonment, there is many initiatives to help the population. One of these is “Let’s Move for Haiti,” a race/walk in the Gesso-Stura River Park, that will be held on Wednesday, July 2, by a group of friends and supporters of Father Massimo Miraglio. The Italian Camillian missionary from Borgo San Dalmazzo near Cuneo has lived and worked in Haiti, one of the poorest regions in Central America, for almost 20 years. All proceeds from the event will benefit the project “A Network of Paths for Human and Economic Development,” which the missionary has been implementing for several months in the parish of Pourcine/Pic Makaya, where he is parish priest (see Fides, 25/9/2024). Father Massimo had announced the end of the first phase of cleaning and maintaining some paths to allow people to move more safely and quickly and to promote the economic and social development of the area (see Fides, 19/3/2025).”Today,” writes Father Massimo, “we are in the first days of the final exams for the 2024-25 school year at the elementary school of the Pourcine-Pic Makaya parish. Another year is coming to a close with satisfaction, but so much remains to be done.” In addition to the school, other projects initiated by the missionary continue, such as adult literacy classes, the guesthouse, the reintroduction of coffee cultivation, the bean plantations, the aqueduct, and the many community activities.According to the IOM report, it is estimated that almost half of Haiti’s population is in need of humanitarian assistance, primarily in the form of food, shelter, hygiene and healthcare, and access to basic services such as drinking water and electricity. Regarding security, the local police have been reinforced by several hundred soldiers from an international support mission led by the Kenyan military police and composed of troops from Central American and Caribbean countries.”Without immediate funding and access, millions of people will continue to be at risk,” said Amy Pope. The IOM representative believes that humanitarian assistance is essential, but it is not the only thing needed. “We must act now. The strength of the Haitian people is inspiring, but resilience cannot be their only refuge. This crisis must not become the new normal,” the IOM Director General concluded. (AP) (Agenzia Fides, 17/6/2025)
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  • MIL-OSI Europe: AFRICA/KENYA – Protests over the death of Albert Ojwang, despite the arrest of some alleged perpetrators

    Source: Agenzia Fides – MIL OSI

    Tuesday, 17 June 2025

    Nairobi (Agenzia Fides) – Today, June 17, protests erupted in the central business districts of Nairobi and Mombasa, with hundreds of young people taking to the streets to demand justice for Albert Ojwang, the 31-year-old teacher and blogger who died in police custody.Security forces attempted to disperse the crowd by firing tear gas canisters, while gangs of plainclothes motorcyclists attacked the demonstrators.At the center of the protests is Deputy Inspector General of Police Eliud Lagat. Albert Ojwang was arrested on June 6 at his home in Kakot, Homa Bay district, for posting a social media post allegedly defaming Lagat.He was transported over 350 kilometers to the central police station in Nairobi and charged with publishing false information under cybercrime laws. On June 8, Albert Ojwang was found unconscious in his cell during a routine medical examination. Initially, authorities ruled Ojwang’s death a suicide; then, in the face of protests from his family and civil society, President William Ruto himself admitted that the blogger’s death was the work of the police, thus denying previous statements (see Fides, 12/6/2025).So far, two police officers, Samson Talaam of the Central Police Station and James Mukhwana, have been arrested in connection with the teacher’s death, while the Independent Policing Oversight Authority (IPOA) and the Internal Affairs Unit (IAU) continue their investigations. In addition, a technician was arrested for allegedly tampering with the video surveillance system at the Central Police Station in Nairobi on the night of June 7-8, allowing officers to take Ojwang from his cell to Karura Forest, where he was tortured to death.Eliud Lagat himself has since resigned, but this has not calmed the spirits of the population, especially the youth, as Ojwang’s murder has reignited national outrage over police brutality and renewed calls for reforms in the security sector. (L.M.) (Agenzia Fides, 17/6/2025)
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  • MIL-OSI Europe: Schengen area turns 40

    Source: European Union 2

    Freedom and security

    What do Prague, Lisbon, Geneva and Schengen have in common? 

    They all speak the same language

    They are all cities of countries in the Schengen area

    They all share borders

    All the previous answers are correct

    Correct!

    They are all cities of countries in the Schengen area.

    Incorrect.

    The correct answer is: They are all cities of countries in the Schengen area.

    On 14 June 1985, Belgium, France, Germany, Luxembourg and the Netherlands came together in the town of Schengen and agreed to gradually abolish checks at their internal borders.

    They signed the Schengen Agreement, allowing for the free movement of people, goods, and services amongst themselves.

    Where is Schengen? 

    With a population of over 5 200 the village of Schengen in Luxembourg has been on everyone’s lips for 40 years.

    ©Getty Images | © Allard Schager

    ©Getty Images | © Allard Schager

    Did you know?

    Schengen is bordered by the Moselle, a river that is a shared territory between

    Luxembourg, France, and Germany.

    There is no better symbol of EU integration than this one.

    What does Schengen mean today?

    The Schengen area has blossomed into the world’s largest area of freedom and security.

    The widening of the Schengen area

    A beacon of freedom and opportunity

    People can travel freely between Schengen countries. 

    Shifting border controls to our common external borders has reduced paperwork, waiting times and costs.

    It has fundamentally transformed how people live, work and travel for the better.

    ©Getty Images | Thierry Monasse

    ©Getty Images | Thierry Monasse

    Did you know?

    Every year Europeans make an estimated

    1.25 billion journeys

    within the Schengen area.

    Working together: greater security

    We are safer too, thanks to Schengen.

    Reducing barriers internally was accompanied by increased cooperation between police forces, customs authorities and external border control authorities, helping to make Europe more secure and reinforcing our external borders and managing migration more effectively. 

    This is essential to fight terrorism, organised crime and hybrid threats.

    Schengen Information System (SIS) is the most widely used and largest information sharing system for security and border management in Europe and allows authorities to share and access security alerts in real time across Schengen.

    ©Getty Images | Hristo Rusev

    ©Getty Images | Hristo Rusev

    Did you know?

    Almost

    2 million

    police officers, border guards, immigration officers, and consular staff work and cooperate every day to ensure our freedom and security.

    A place where businesses and citizens can thrive

    Schengen is a major driver of competitiveness and a true enabler of the single market. Since workers and goods can move freely, companies are able to reduce administrative costs and access larger markets at the same time.

    The same goes for the tourism and cultural sectors. Schengen simplifies travel, making Europe an even more attractive tourist destination. For example, visitors coming from non-Schengen countries can access all Schengen 29 countries with just one Schengen visa. This in turn directly benefits revenues for local businesses and economies.

    ©Getty Images | Bloomberg

    ©Getty Images | Bloomberg

    Did you know?

    In 2024,

    nearly 1.5 billion nights

    were spent at tourism establishments across the Schengen countries by tourists from other Schengen states or outside Schengen.

    Freedom. Opportunity. Security. Unity.

    Thanks to Schengen, we have more of all of them.

    40 years of expanding our horizons, while bringing us closer together.

    Now that’s truly something to celebrate.

    MIL OSI Europe News –

  • MIL-OSI Europe: Schengen area’s IT system celebrates 30 years

    Source: European Union 2

    In 2025, Europe marks two major milestones: 40 years of the Schengen Area and 30 years of the Schengen Information System (SIS) — the IT backbone that helps keep this border-free zone both secure and operational. 

    Since its launch in 1995, SIS has enabled real-time cooperation between national authorities across Europe, safeguarding citizens while supporting one of the EU’s greatest achievements — the freedom to travel without internal borders. 

    SIS is more than just a system — it is a cornerstone of trust, cooperation, and security in Europe. 

    A System at the Heart of European Security

    SIS is much more than a database — it is an operational tool vital to public safety, judicial cooperation, and migration management across the EU.

    Every day, SIS helps authorities locate missing persons, intercept criminals at borders, recover stolen assets, and support cross-border investigations — reinforcing trust between Member States.

    At eu-LISA, we are committed not only to keeping SIS running reliably, but also to ensuring it evolves to meet future needs — by expanding capabilities, integrating new technologies, and supporting the EU’s broader interoperability objectives.

    What is SIS? 

    The Schengen Information System (SIS) is Europe’s largest and most frequently used information-sharing platform for border security and law enforcement. It allows participating countries to issue and consult alerts related to: 

    By enabling instant data exchange, SIS helps police officers, border guards, customs officials, immigration authorities, and judicial actors to make fast, informed decisions across national borders. 

    Who Uses SIS? 

    As of 2025, SIS is used by 30 European countries, including all EU Member States (with both Ireland and Cyprus now connected), as well as Iceland, Liechtenstein, Norway, and Switzerland. 

    In addition, EU agencies such as Europol, Frontex, and Eurojust have access to the system to support their operational mandates. 

    The countries connected to SIS are: 
    Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, the Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, and Switzerland. 

    Across Europe, more than 250,000 authorised users access SIS, including: 

    • Prosecutors and judges 

    Each participating country operates a SIRENE Bureau (Supplementary Information Request at the National Entry), which coordinates follow-up actions when SIS alerts are triggered. 

    How is SIS Managed? 

    Since 2013, eu-LISA — the EU Agency for the Operational Management of Large-Scale IT Systems in the Area of Freedom, Security and Justice — has been responsible for the management and further development of SIS. 

    eu-LISA’s tasks include: 

    A major upgrade, known as the SIS Recast, went live in March 2023. It introduced new features to better support counter-terrorism efforts, child protection, and the fight against irregular migration. 

    SIS in Numbers – 2024 Highlights 

    According to the SIS Annual Report 2024, the system continues to be a cornerstone of operational cooperation: 

    While alerts on individuals make up less than 2% of all entries, they are among the most critical. These include: 

    MIL OSI Europe News –

  • MIL-OSI: Billion Dollar Sports Entertainment Facility Market Witnessing Significantly High Revenue Share

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., June 17, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – Sports facilities are not just earning revenues from sports but are also creating additional revenues from entertainment and other events. A recent report from Market.us said that the Global Sports Facilities Market size is expected to be worth around USD 1,084.0 Billion by 2034, from USD 132.4 Billion in 2024, growing at a CAGR of 23.4% during the forecast period from 2025 to 2034. The report said: “Sports facilities are dedicated spaces for athletic activities, training, and competitions. They include stadiums, arenas, gymnasiums, and community sports complexes. Some focus on professional events, while others serve schools and local leagues. These facilities support various sports, offering equipment, seating, and amenities for players and spectators. The sports facilities market includes businesses that develop, operate, and manage venues for sports activities. It covers public and private stadiums, fitness centers, and training complexes. The market depends on sports popularity, event hosting, and investments in infrastructure. Revenue comes from ticket sales, sponsorships, memberships, and government funding. Sports facilities are evolving to meet rising demand. Governments and private investors are upgrading stadiums, gyms, and training centers to attract more visitors.” Active Entertainment companies active in the markets include: Venu Holding Corporation (NYSE American: VENU), Live Nation Entertainment (NYSE: LYV), TKO Group Holdings, Inc. (NYSE: TKO), Madison Square Garden Sports Corp. (NYSE: MSGS), DraftKings Inc. (NASDAQ: DKNG).

    “Major sports events significantly impact local economies. According to Wikipedia, every $1 spent on operating costs and venues generates $2 for the host city. Additionally, these events create over 18,000 jobs on average. For this reason, cities continue to bid for global tournaments despite the high cost of construction and maintenance. Growth in this market is driven by increased sports participation and tourism. New multi-purpose venues host concerts, exhibitions, and esports events alongside traditional sports. However, competition is intense, with regions vying for sponsorships and government funding. As a result, operators focus on technology, sustainability, and unique fan experiences to stay competitive. The impact of sports facilities extends beyond entertainment. Locally, they create jobs, boost tourism, and promote community engagement. On a larger scale, they strengthen the global sports economy. Well-maintained venues attract international events, driving revenue from ticket sales, sponsorships, and broadcasting rights. Consequently, sports infrastructure plays a key role in economic growth.”

    Venu Holding Corporation (NYSE: VENU) Closes $10.125 Million Strategic Investment from Institutional Investor, Issues Convertible Preferred Stock – Venu Holding Corp. ($VENU) has closed a $10.125 million equity investment from a leading institutional investor through the issuance of 675 shares of Series B 4% Convertible Preferred Stock, priced at a Stated Value of $15,000 per share.

    Each share of Series B Preferred Stock is convertible into 1,000 shares of common stock, reflecting a conversion price of $15.00 per share, with a 4% annual cumulative dividend, payable in cash or registered common stock.

    Proceeds from the investment will support the continued development of the Company’s amphitheater buildout, including high-profile venues underway in McKinney, Texas and Tulsa, Oklahoma.

    Key terms of the Series B Preferred Stock include:

    • $15.00/share conversion price
    • Senior priority to common stock
    • Optional redemption rights for the investor if key venues are not operational by August 14, 2027
    • Company call option for conversion if common stock trades above $20.00 for 20 out of 30 consecutive trading days
    • Mandatory redemption if key long-term service agreements are terminated without replacement

    Additionally, the Company has entered into a Registration Rights Agreement and will file a registration statement with the SEC to cover the resale of any common shares issued under the preferred terms. This strategic capital infusion strengthens the Company’s balance sheet and further positions it to capitalize on demand for premium live entertainment infrastructure nationwide.   Read more about Venu Holding at:   https://venu.live/invest/

    In other developments and happenings in the sports/entertainment industry recently include:

    Live Nation Entertainment (NYSE: LYV), the global leader in live events, recently announced the election of Richard Grenell to its Board of Directors. Mr. Grenell brings decades of experience in diplomacy and negotiations, having served as U.S. Ambassador to Germany, Acting Director of National Intelligence, Presidential Envoy for Kosovo-Serbia Negotiations and Presidential Envoy for Special Missions. Mr. Grenell also currently serves as the President of the John F. Kennedy Center for the Performing Arts, where he oversees operations and programming at one of the nation’s premier cultural institutions.

    His career experience will help support Live Nation’s mission to bring more live music to the world, while also advocating for industry reforms that protect both fans and artists. “We are pleased to welcome Ric to our Board,” said Randall Mays, Chairman of the Board of Live Nation Entertainment. “His background will bring a valuable perspective as Live Nation continues to contribute to a growing live music industry around the globe.”

    TKO Group Holdings, Inc. (NYSE: TKO), a premium sports and entertainment company, recently announced that its board of directors has declared a quarterly cash dividend pursuant to which TKO’s Class A common stockholders will receive their pro rata share of an aggregate distribution of approximately $75 million from TKO Operating Company, LLC to its equityholders. The per share dividend to the holders of TKO’s Class A common stockholders will be $0.38 per share. The dividend will be paid on June 30, 2025 to Class A common stockholders of record as of the close of business on June 13, 2025.

    Future declarations of quarterly dividends are subject to the determination and discretion of TKO based on its consideration of various factors, such as its results of operations, financial condition, market conditions, earnings, cash flow requirements, restrictions in its debt agreements and legal requirements and other factors that TKO deems relevant.

    Madison Square Garden Sports Corp. (NYSE: MSGS) recently reported financial results for the fiscal third quarter ended March 31, 2025. Fiscal 2025 third quarter operating results reflected growth in average per-game revenues, including for tickets, sponsorship and premium hospitality offerings, across a combined two fewer New York Knicks (“Knicks”) and New York Rangers (“Rangers”) games played at the Madison Square Garden Arena (“The Garden”) as compared to the prior year quarter. In addition, fiscal 2025 third quarter operating results reflected the impact of expected reductions in local media rights fees as a result of proposed amendments to the Knicks’ and Rangers’ local media rights agreements with MSG Networks Inc. (“MSG Networks”) (as announced on April 25, 2025 and discussed in further detail in the Other Matters section of this earnings release), as well as the impact of the Knicks’ and Rangers’ rosters for the 2024-25 seasons.

    In March, the Company launched its 2025-26 Knicks and Rangers season ticket renewal initiative, which has seen strong demand to date. Subsequent to the end of the fiscal 2025 third quarter, both teams concluded their regular seasons, with the Knicks currently competing in the NBA playoffs.

    For the fiscal 2025 third quarter, the Company generated revenues of $424.2 million, a decrease of $5.8 million, or 1%, as compared to the prior year period. In addition, the Company reported operating income of $32.3 million, a decrease of $47.4 million, or 59%, and adjusted operating income of $36.9 million, a decrease of $51.8 million, or 58%, both as compared to the prior year period.

    In response to the recent and prior sports wagering tax increases passed by the Illinois state legislature on all mobile and online sports wagers placed with licensed operators, DraftKings Inc. (NASDAQ: DKNG) recently announced that it will implement a 50-cent transaction fee on all mobile and online bets placed in Illinois through DraftKings Sportsbook, effective September 1, 2025.

    “Illinois has been an important part of our growth, and we’re proud to have contributed meaningfully to the state through tax revenue, job creation, and a sustained investment in responsible gaming tools and resources,” said Jason Robins, Chief Executive Officer and Co-Founder of DraftKings. “We are disappointed that Illinois policymakers have chosen to more than triple our tax rate over the past two years, and we are very concerned about what this will do to the legal, regulated industry. Meanwhile, Illinois continues to fuel the rapidly growing illegal industry, which pays no taxes or fees and provides none of the consumer protections that regulated operators offer.”

    DraftKings continues to support collaborative policymaking that works for the state and allows for the long-term sustainability of the industry. Should the legislation be repealed, the company will immediately remove the Illinois-specific per wager transaction fee.

    About FN Media Group:

    At FN Media Group, via our top-rated online news portal at www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today’s emerging companies. #tickertagpressreleases #pressreleases

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    DISCLAIMER:  FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNM is NOT affiliated in any manner with any company mentioned herein.  FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  FNM is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed FNM expects to be compensated twenty two hundred dollars for news coverage of the current press releases issued by Venu Holding Corporation by a non-affiliated third party.  FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

    This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

    Contact Information:

    Media Contact email: editor@financialnewsmedia.com – +1(561)325-8757 

    SOURCE: FN Media Group

    The MIL Network –

  • MIL-OSI: AGCO Slashes Total Case Injury Rates by Over 50% Across South America Using VelocityEHS Industrial Ergonomics

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, June 17, 2025 (GLOBE NEWSWIRE) — VelocityEHS, the global leader in EHS & ESG software solutions, today announced that AGCO, the world’s largest pure-play agricultural equipment manufacturer, has achieved a dramatic improvement in workplace safety through its implementation of VelocityEHS Industrial Ergonomics.

    “Ergonomics improvement is about enhancing productivity, reducing cost and boosting morale by reducing employee injuries and ultimately delivering the best products for our farmers,” said Tim Millwood, AGCO’s Senior Vice President and Chief Supply Chain Officer.

    In 2024 alone, AGCO conducted nearly 400 Kaizen events across six South American facilities—with more than half of those focused specifically on ergonomics and safety. The results speak volumes: Total Case Incident Rate (TCIR) dropped by more than 50% in sites where the ergonomics initiative was deployed.

    These improvements were achieved primarily through low-cost, high impact solutions and were driven by a structured, bottom-up approach that empowered local teams to easily identify, assess, and reduce musculoskeletal disorder (MSD) injuries using the VelocityEHS AI-driven Industrial Ergonomics solution.

    “Our people were trained to ‘see with ergo eyes’—giving them the ability to recognize risks and spot improvement opportunities in their everyday work,” said Walid El-Sayed, Global Director of Lean Academy and Global Director of Materials Management at AGCO.

    From Training to Transformation

    The partnership between AGCO and VelocityEHS began with a bold vision: to build an internal culture of ergonomics expertise and embed safety into every layer of production. As a result, AGCO delivered a structured, scalable program—an approach that served as a practical model for implementation across facilities.

    Their program included:

    • 2 days of software training
    • 2 days of hands-on Kaizen workshops with cross-functional teams
    • Seamless integration into AGCO’s APS (AGCO Production System) using the Plan-Do-Check-Act (PDCA) methodology

    Leadership That Walks the Talk

    AGCO credits its success to more than technology. The company’s leadership—guided by its core cultural beliefs: “Farmer First, Speak Up!, Team Up!”—has made a visible commitment to employee well-being.

    “I’m blessed to have leaders who don’t just talk the talk, but walk the talk,” said El-Sayed.

    Looking ahead, AGCO is now embedding ergonomics into New Product Introduction (NPI) processes—ensuring safety is designed in from the start, not added as an afterthought.

    A Shared Commitment to Safety and Innovation

    “AGCO exemplifies how operational excellence and worker well-being can go hand in hand,” said Matt Airhart, CEO of VelocityEHS. “This partnership reflects our shared commitment to making ergonomics accessible, effective, and embedded in the fabric of everyday operations. Their results prove that when you empower people with the right tools and training, safety becomes a driver of performance.”

    Read the full case study on the VelocityEHS website.

    About VelocityEHS

    Relied on by more than 10 million users worldwide to drive operational excellence and achieve outstanding outcomes, VelocityEHS is the global leader in true SaaS enterprise EHS & ESG technology. The VelocityEHS Accelerate® Platform is the definitive gold standard, delivering best-in-class software solutions for managing Safety, Ergonomics, Chemical Management, and Operational Risk. In addition, Velocity offers world-class applications for Contractor Safety & Permit to Work, Environmental Compliance, and ESG.

    The VelocityEHS team includes unparalleled industry expertise, with more certified experts in health, safety, industrial hygiene, ergonomics, sustainability, the environment, AI, and machine learning than any other EHS software provider. Recognized by the EHS industry’s top independent analysts as a Leader in the Verdantix 2025 Green Quadrant Analysis, VelocityEHS is committed to industry thought leadership and to accelerating the pace of innovation through its software solutions and vision. Its privacy and security protocols, which include SOC2 Type II attestation, are among the most stringent in the industry.

    VelocityEHS is headquartered in Chicago, Illinois, with locations in Ann Arbor, Michigan; Tampa, Florida; Oakville, Ontario; London, England; Perth, Western Australia; and Cork, Ireland. For more information, visit www.EHS.com.

    To learn more, visit www.EHS.com.

    Media Contact

    Jennifer Sinkwitts

    jsinkwitts@ehs.com

    The MIL Network –

  • MIL-OSI Africa: Mauritania roundtable raises US$2 billion pledge from the Arab Coordination Group in development funding

    Mauritania’s national development program will see a strong boost with a US$2 billion pledge made by the Arab Coordination Group (ACG) (www.TheACG.org) at a high-level roundtable held in Vienna, Austria. The event was chaired by the President of Mauritania, Mohamed Ould Cheikh El Ghazouani, and was hosted by the OPEC Fund for International Development in the framework of the Annual Meeting of the ACG Heads of Institutions.

    OPEC Fund President Abdulhamid Alkhalifa said: “We are strongly committed to play an active role in the implementation and success of Mauritania’s ambitious development program. With our pledge we are mobilizing our collective capabilities to translate ambition into action and bring about positive change in the lives of the people of our partner country Mauritania.”

    Speaking on behalf of the Arab Coordination Group, the President of the Islamic Development Bank (IsDB), H.E Dr. Muhammed Al Jasser, said: “Our funding will be directed to vital priority sectors, including energy, water, transportation and digital infrastructure, in order to stimulate economic growth and achieve comprehensive and sustainable development in the country.”

    The pledge followed an opening address by President El Ghazouani who reaffirmed Mauritania’s commitment to institutional reform, enhanced transparency and improved governance. He noted that these efforts, combined with macroeconomic stability and modernized public administration, are laying the foundation for long-term, inclusive growth. The President also underscored the country’s ambition to become a competitive investment destination through streamlined investment procedures and strengthened national security.

    During the roundtable, the government of Mauritania presented a portfolio of priority investment projects. Among them was an initiative to hybridize thermal power plants and enhance existing hybrid facilities with advanced energy storage solutions. Two strategic water infrastructure projects were also featured: one at the Taraf Al-Mahroud site and another in the Karakoro Basin. In the transport sector, the rehabilitation of the Nouakchott–Nouadhibou and Rosso–Boghé corridors was highlighted as vital to improving trade and connectivity.

    The ACG pledge will cover the period 2025-2030. Delivery will be “closely coordinated with the government and international partners,” IsDB President Al Jasser announced. The roundtable preceded the OPEC Fund Development Forum on June 17, where Mauritania’s President El Ghazouani will deliver an opening address as guest of honor.

    OPEC Fund President Alkhalifa underscored the institution’s commitment to supporting Mauritania. During a visit to the country in January he signed a Country Partnership Framework Agreement for the period 2025-2027. Under this strategic cooperation, the OPEC Fund will focus on key sectors such as renewable energy, water, food security, transport and clean cooking. The President said: “To be successful, development needs to attract investment. To be sustainable, however, development also needs to generate tangible results for the people. The government’s strategy prudently links both.”

    The Arab Coordination Group is the world’s second-largest development finance group, united around shared values of South-South cooperation and solidarity. Last year, the ACG extended US$19.6 billion collectively to fund nearly 650 operations in more than 90 countries.

    Distributed by APO Group on behalf of Arab Coordination Group (ACG).

    About the Arab Coordination Group (ACG):
    The Arab Coordination Group (ACG) is a strategic alliance that provides a coordinated response to development finance. Since its establishment in 1975, ACG has been instrumental in developing economies and communities for a better future, providing more than 13,000 development loans to over 160 countries around the globe. Comprising ten development funds, ACG is the second-largest group of development finance institutions in the world and works across the globe to support developing nations and create a lasting, positive impact.

    The Group comprises the Abu Dhabi Fund for Development, the Arab Bank for Economic Development in Africa, the Arab Fund for Economic and Social Development, the Arab Gulf Programme for Development, the Arab Monetary Fund, the Islamic Development Bank, the Kuwait Fund for Arab Economic Development, the OPEC Fund for International Development, the Qatar Fund for Development and the Saudi Fund for Development.

    MIL OSI Africa –

  • MIL-OSI Africa: Rolls-Royce Expands African Footprint with New Regional Headquarters and Training Facility for its Power Systems division

    • New facility in Johannesburg will meet the growing demand for local service solutions
    • Training up to 150 engineers per year

    Rolls-Royce (www.Rolls-Royce.com) has officially opened a new headquarters and training facility in Johannesburg, South Africa, to support its Power Systems division. The new facility is further evidence of the company’s long-term commitment to Africa and will support the growing fleet of Power Systems’ mtu mobile and stationary power solutions across critical sectors such as energy, technology, mining, transportation, and oil & gas.

    Located in a specially adapted facility spanning approximately 6,000m², the new site consolidates core customer-facing functions into a central hub, including service coordination, spare parts storage, logistics, and technical training. It complements Rolls-Royce’s existing footprint in South Africa, with mtu engine rebuild capability, and finance and logistics functions located in Cape Town.

    The training centre is designed to support between 100 and 150 trainees annually with a wide range of training engines, including mtu 2000 and 4000 series, used for power generation, mining and rail applications. Trainees will benefit from access to advanced tooling and use simulation equipment for electronic training. The centre will deliver certified practical and theoretical training, equipping customers and partners from across Africa with the knowledge and hands-on experience required to support a wide range of applications and industries. 

    The new facility, operated by Rolls-Royce Solutions Africa, features dedicated capacity for the engineering and assembly of repower modules, enabling the replacement of engines in mining haul trucks and excavators with more suitable mtu power solutions. This allows customers to select upgrade options tailored to their specific operational needs. Fitting mtu engines delivers clear commercial benefits, including lower Total Cost of Ownership through improved fuel efficiency, increased equipment availability, and reduced maintenance costs. With a strong focus on system resilience, the regional subsidiary Rolls-Royce Solutions Africa is committed to delivering robust, fit-for-purpose solutions designed to perform in the demanding and often harsh operating environments across the continent.

    Cobus Van Schalkwyk, Director Global Mining and Managing Director, Rolls-Royce Solutions Africa:

    “As we approach our 25th year in South Africa, this new facility is a clear signal of our confidence in Africa’s growth and our commitment to being closer to our customers.

    “By bringing support services, technical training, and parts availability together under one roof, we’re building the capabilities that matter most to our partners across the continent. This investment also supports our strategy to further localise operations, reduce lead times, and strengthen supply chain resilience — critical advantages for customers operating in remote or fast-paced environments.”

    Press photos for download can be found at Media Centre (https://apo-opa.co/3G5yjnr)

    Distributed by APO Group on behalf of Rolls-Royce.

    For further information, contact:
    Media
    Lydia-Claire Halliday
    Corporate Communications Africa
    LCH Consultancy
    Tel +254 708000510
    lydia@lchconsultancy.com

    About Rolls-Royce Holdings plc:
    1.    Rolls-Royce is a force for progress, powering, protecting and connecting people everywhere. Our products and service packages help our customers meet the growing need for power across multiple industries; enable governments to equip their armed forces with the power required to protect their citizens; and connect people, societies, cultures and economies together.

    2.  Rolls-Royce has a local presence in 48 countries and customers in over a hundred more, including airlines and aircraft leasing companies, armed forces and navies, and marine and industrial customers.

    3.  Through our multi-year transformation programme, we are building a high-performing, competitive, resilient and growing Rolls-Royce. We are building the financial capacity and agility to allow us to successfully develop and deliver the products that will support our customers through the energy transition.

    4.  Annual underlying revenue was £17.8 billion in 2024, and underlying operating profit was £2.46 billion.

    5.  Rolls-Royce Holdings plc is a publicly traded company (LSE: RR., ADR: RYCEY, LEI: 213800EC7997ZBLZJH69)5.     

    6.   Rolls-Royce Power Systems is headquartered in Friedrichshafen in southern Germany and employs more than 10,350 people. The product portfolio includes mtu-brand high-speed engines and propulsion systems for ships, heavy land, rail and defence vehicles and for the oil and gas industry. The portfolio also includes diesel and gas systems and battery containers for mission critical, standby and continuous power, combined generation of heat and power, and microgrids. With its climate friendly technologies, Rolls-Royce Power Systems is helping to drive the energy transition.

    www.Rolls-Royce.com
    www.mtu-Solutions.com

    MIL OSI Africa –

  • MIL-OSI Security: Defense News: Task Force 66 applies lessons learned from the Black Sea Battle Lab to exercise BALTOPS 25 alongside NATO partners

    Source: United States Navy

    UTSKA, Poland – Commander, Task Force (CTF) 66, U.S. 6th Fleet’s purpose-built all-domain task force with the mission of integrating Robotic and Autonomous Systems (RAS) into fleet operations, is participating in Baltic Operations 2025 (BALTOPS) June 5-20, 2025.

    MIL Security OSI –

  • MIL-OSI Video: UK How can we stop electronic music venues disappearing? | Culture, Media and Sport Committee

    Source: United Kingdom UK Parliament (video statements)

    Three nightclubs are closing every week in the UK. Since 2019, 34% have shut down.

    Nightlife isn’t just about people having fun — it’s part of our culture, our economy, and our communities.

    The Culture, Media and Sport Committee met with venue owners, operators and performers to ask: what do clubs need to survive?

    https://www.youtube.com/watch?v=tXpi_FJ3_YY

    MIL OSI Video –

  • MIL-OSI Russia: City services are eliminating the consequences of the bad weather

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    Heavy rain falls in some areas of the capital on June 17 during the day. The greatest amount of precipitation fell in the south of the city. According to weather forecasters, thunderstorms with rain are expected by the end of the day, and wind gusts may increase to 15 meters per second.

    Due to bad weather, teams and special equipment of the State Unitary Enterprise “Mosvodostok” are on duty on the city streets. City services promptly respond to incoming requests.

    Residents and visitors to the capital are asked to be careful on the street, not to take shelter under trees and not to park cars near them.

    In an emergency, you must call the emergency services at the single number 112 or the single helpline of the Main Directorate of the Ministry of Emergency Situations of Russia for the city of Moscow: 7 495 637-31-01.

    Get the latest news quicklyofficial telegram channelthe city of Moscow.

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

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

    https: //vv.mos.ru/nevs/ite/155374073/

    MIL OSI Russia News –

  • MIL-OSI Russia: Russian Sinologists Win Special Book Prize of China

    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

    BEIJING, June 17 (Xinhua) — The China Special Book Award ceremony was held in Beijing on Tuesday, with 16 people from 12 countries receiving the top honor given to foreigners working in the book publishing industry.

    Among the laureates were three sinologists from Russia: the head of the Department of Oriental Languages at the Diplomatic Academy of the Russian Ministry of Foreign Affairs Alexander Semenov, the head of the Department of Interpretation at the Higher Courses of Foreign Languages at the Russian Ministry of Foreign Affairs Tatyana Semenova, and professor at St. Petersburg State University Alexei Rodionov.

    The award winners have long paid attention to China’s development and deeply studied Chinese culture, translated, published and wrote a number of books telling stories about China to the world, making outstanding contributions to expanding international knowledge and understanding of China and promoting exchanges and mutual learning among civilizations, the ceremony said.

    Alexander Semenov studies the history and historiography of China, the foreign policy of the PRC, linguistics, translation, translation studies and methods of teaching the Chinese language, and Tatyana Semenova, his wife, studies the literature and culture of China, translation, translation studies and methods of teaching the Chinese language. They have jointly translated a number of books on Chinese politics.

    Alexey Rodionov has an academic interest in the history of 20th-century Chinese literature and Russian-Chinese literary relations. He has been engaged in literary translation and compilation of collections of contemporary Chinese literature for many years. According to available information, he has translated 26 works by contemporary Chinese writers, such as Lao She, Jia Pingwa, and Han Shaogong, and initiated the publication of collections of translations of contemporary Chinese literature.

    Since the prize was established in 2005, 219 translators, publishers and writers from 63 countries have won it. -0-

    MIL OSI Russia News –

  • MIL-OSI Russia: Breaking: Chinese President Xi Jinping and Central Asian leaders sign Treaty of Eternal Good-Neighborliness, Friendship and Cooperation

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian –

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

    ASTANA, June 17 (Xinhua) — Chinese President Xi Jinping and leaders of five Central Asian countries signed the Treaty of Eternal Good-Neighborliness, Friendship and Cooperation here on Tuesday.

    Xi Jinping was accompanied by Kazakh President Kassym-Jomart Tokayev, Kyrgyz President Sadyr Japarov, Tajik President Emomali Rahmon, Turkmen President Serdar Berdimuhamedov and Uzbek President Shavkat Mirziyoyev. –0–

    MIL OSI Russia News –

  • MIL-OSI USA: Justice Department Requires Safran to Divest Assets to Proceed with Acquisition of Raytheon Assets

    Source: US State of North Dakota

    The Proposed Settlement Requires a Substantial Divestiture Package That Will Preserve Competition for Critical Flight Control Components

    The Justice Department’s Antitrust Division announced today that it will require Safran, S.A. and Safran USA Inc. (Safran) to divest its North American actuation business and related assets to resolve antitrust concerns arising from its proposed $1.8 billion acquisition of Collins Aerospace’s actuation and flight control business from RTX Corporation (RTX) (formerly Raytheon Technologies). The divestiture resolves concerns that the transaction would recombine assets that were divested as part of the Division’s settlement of United Technologies Corporation’s (UTC) acquisition of Rockwell Collins in 2018. UTC merged with Raytheon Company in 2020, forming Raytheon Technologies.

    The Antitrust Division filed a civil antitrust lawsuit in the U.S. District Court for the District of Columbia to block the proposed transaction. At the same time, the Division filed a proposed settlement that, if approved by the court, would resolve the Division’s competitive concerns.

    “Today’s settlement is a structural solution to an acquisition that would have harmed competition for important aircraft components that are critical to passenger safety. The proposed divestiture to Woodward, an established provider in the aerospace industry, ensures that American customers will continue to benefit from competition, and the incentives of Woodward, the merging parties, and their customer base are aligned with the remedy’s success,” said Assistant Attorney General Abigail Slater of the Justice Department’s Antitrust Division. “This settlement is another example of our commitment to transparency and relief that secures robust and enforceable commitments from the merging parties that account for industry dynamics. The Antitrust Division will apply heightened scrutiny to transactions that propose to recombine assets divested in response to the Division’s prior enforcement actions, taking appropriate consideration for changes in competitive conditions.”

    As detailed in the complaint, Safran and RTX are two of the leading suppliers in the market for trimmable horizontal stabilizer actuators (THSAs) for large aircraft. A THSA helps an aircraft maintain the proper altitude during flight and is critical to the safety and performance of the aircraft. Safran and RTX compete head-to-head to develop and sell this critical component. Without the proposed divestiture, Safran’s acquisition of RTX’s actuation and flight control business would likely result in higher prices, lower quality, and reduced innovation to the detriment of customers and American consumers. The proposed divestiture of Safran’s North American actuation business includes the assets Safran had acquired under the Division’s 2018 settlement with UTC and Rockwell Collins. Safran has since operated these assets as a viable competitor in the market for THSAs.

    The proposed settlement requires Safran to divest its North American actuation business, including THSAs and secondary flight control actuators, and its Canada-based electronic control unit, to Woodward Inc., an American company with significant experience in the aerospace industry, including serving large aircraft manufacturers. The divestiture assets also include the tangible and intangible assets necessary to produce and sell THSAs, secondary flight control actuators, and electronic control units. Woodward is expected to hire certain key Safran employees that today support the divested business lines.

    The Antitrust Division, the European Commission, and the Competition and Markets Authority cooperated closely throughout the course of their respective investigations.

    Safran is a French multinational company with its headquarters in Paris, France. Safran produces a wide range of products for the aviation, space, and defense sectors. In 2024, Safran had revenues of approximately €27 billion. 

    RTX is an American multinational company, incorporated in Delaware and is headquartered in Arlington, Virginia. RTX is a major provider of aerospace and defense products and systems. In 2024, RTX had revenues of approximately $80 billion.

    As required by the Tunney Act, the proposed settlement, along with the Department’s competitive impact statement, will be published in the Federal Register. Any person may submit written comments concerning the proposed settlement within 60 days of its publication to Soyoung Choe, Acting Chief, Defense, Industrials, and Aerospace Section, Antitrust Division, U.S. Department of Justice, 450 Fifth Street, NW, Suite 8700, Washington, D.C. 20530 or via email at ATR.DIA.Information@usdoj.gov. At the conclusion of the public comment period, the court may enter the final judgment upon finding that it is in the public interest.

    MIL OSI USA News –

  • MIL-OSI Security: Justice Department Requires Safran to Divest Assets to Proceed with Acquisition of Raytheon Assets

    Source: United States Attorneys General

    The Proposed Settlement Requires a Substantial Divestiture Package That Will Preserve Competition for Critical Flight Control Components

    The Justice Department’s Antitrust Division announced today that it will require Safran, S.A. and Safran USA Inc. (Safran) to divest its North American actuation business and related assets to resolve antitrust concerns arising from its proposed $1.8 billion acquisition of Collins Aerospace’s actuation and flight control business from RTX Corporation (RTX) (formerly Raytheon Technologies). The divestiture resolves concerns that the transaction would recombine assets that were divested as part of the Division’s settlement of United Technologies Corporation’s (UTC) acquisition of Rockwell Collins in 2018. UTC merged with Raytheon Company in 2020, forming Raytheon Technologies.

    The Antitrust Division filed a civil antitrust lawsuit in the U.S. District Court for the District of Columbia to block the proposed transaction. At the same time, the Division filed a proposed settlement that, if approved by the court, would resolve the Division’s competitive concerns.

    “Today’s settlement is a structural solution to an acquisition that would have harmed competition for important aircraft components that are critical to passenger safety. The proposed divestiture to Woodward, an established provider in the aerospace industry, ensures that American customers will continue to benefit from competition, and the incentives of Woodward, the merging parties, and their customer base are aligned with the remedy’s success,” said Assistant Attorney General Abigail Slater of the Justice Department’s Antitrust Division. “This settlement is another example of our commitment to transparency and relief that secures robust and enforceable commitments from the merging parties that account for industry dynamics. The Antitrust Division will apply heightened scrutiny to transactions that propose to recombine assets divested in response to the Division’s prior enforcement actions, taking appropriate consideration for changes in competitive conditions.”

    As detailed in the complaint, Safran and RTX are two of the leading suppliers in the market for trimmable horizontal stabilizer actuators (THSAs) for large aircraft. A THSA helps an aircraft maintain the proper altitude during flight and is critical to the safety and performance of the aircraft. Safran and RTX compete head-to-head to develop and sell this critical component. Without the proposed divestiture, Safran’s acquisition of RTX’s actuation and flight control business would likely result in higher prices, lower quality, and reduced innovation to the detriment of customers and American consumers. The proposed divestiture of Safran’s North American actuation business includes the assets Safran had acquired under the Division’s 2018 settlement with UTC and Rockwell Collins. Safran has since operated these assets as a viable competitor in the market for THSAs.

    The proposed settlement requires Safran to divest its North American actuation business, including THSAs and secondary flight control actuators, and its Canada-based electronic control unit, to Woodward Inc., an American company with significant experience in the aerospace industry, including serving large aircraft manufacturers. The divestiture assets also include the tangible and intangible assets necessary to produce and sell THSAs, secondary flight control actuators, and electronic control units. Woodward is expected to hire certain key Safran employees that today support the divested business lines.

    The Antitrust Division, the European Commission, and the Competition and Markets Authority cooperated closely throughout the course of their respective investigations.

    Safran is a French multinational company with its headquarters in Paris, France. Safran produces a wide range of products for the aviation, space, and defense sectors. In 2024, Safran had revenues of approximately €27 billion. 

    RTX is an American multinational company, incorporated in Delaware and is headquartered in Arlington, Virginia. RTX is a major provider of aerospace and defense products and systems. In 2024, RTX had revenues of approximately $80 billion.

    As required by the Tunney Act, the proposed settlement, along with the Department’s competitive impact statement, will be published in the Federal Register. Any person may submit written comments concerning the proposed settlement within 60 days of its publication to Soyoung Choe, Acting Chief, Defense, Industrials, and Aerospace Section, Antitrust Division, U.S. Department of Justice, 450 Fifth Street, NW, Suite 8700, Washington, D.C. 20530 or via email at ATR.DIA.Information@usdoj.gov. At the conclusion of the public comment period, the court may enter the final judgment upon finding that it is in the public interest.

    MIL Security OSI –

  • MIL-OSI Security: Update: Detectives name victim of Hackney murder

    Source: United Kingdom London Metropolitan Police

    Detectives investigating a murder in Hackney are now able to name the victim, as their enquiries continue into the circumstances of her death.

    Annabel Rook, aged 46, died early this morning, Tuesday, 17 June, having been found with stab wounds.

    A 44-year-old man has been arrested on suspicion of murder. Officers are not currently looking for anyone else in connection with the incident.

    Police were called at 04:57hrs to reports of a gas explosion with a person trapped inside an address in Dumont Road, Hackney.

    Officers attended alongside the London Ambulance Service and the London Fire Brigade. Despite the best efforts of emergency services, Annabel sadly died at the scene.

    Her family continue to be supported by specialist officers.

    Detective Chief Superintendent Brittany Clarke, who leads policing in the local area, said: “This is an extremely tragic incident and our thoughts are with the victim’s family at this very difficult time.

    “Our officers arrested a man on suspicion of murder at the scene and will be conducting interviews as soon as possible, to establish the full circumstances that led to Annabel’s death. While enquiries continue, at this early stage we do believe this to be a domestic-related incident.

    “We understand what happened will cause concern within the Hackney community and residents can expect to see an increased police presence in the area, along with a crime scene, as we carry out the investigation. We are working closely alongside our partners at Hackney Council to help support those residents locally who have been impacted by this.”

    The man arrested was taken to hospital with slash wounds where he currently remains. His condition is not life-changing or life-threatening.

    Two children, aged nine and seven, were also been taken to hospital as a precaution but are not believed to have been inside the property at the time of the gas explosion.

    Anyone with information about the incident is asked to call police on 101 quoting CAD 926/17June or to remain anonymous call Crimestoppers on 0800 555 111.

    MIL Security OSI –

  • MIL-OSI Analysis: Lower revenues, pricier loans: how flooding in Europe affects firms and the financial system they depend on

    Source: The Conversation – France – By Serena Fatica, Principal Economist — Team Leader, Joint Research Centre (JRC)

    In Europe, the fastest-warming continent, the intensification of extreme weather events and changes in precipitation patterns have led to widespread and catastrophic flooding. Last year, storms and flooding affected an estimated 413,000 people, resulting in the loss of at least 335 lives. Material damage is estimated to amount to at least €18 billion, according to the 2024 European State of the Climate report from the Copernicus Climate Change Service and the World Meteorological Organization.


    A weekly e-mail in English featuring expertise from scholars and researchers. It provides an introduction to the diversity of research coming out of the continent and considers some of the key issues facing European countries. Get the newsletter!

    The flooding in October that hit southeastern Spain and the Valencia province in particular took the heaviest toll. Intense and prolonged rainfall and river flooding led to 232 fatalities, and infrastructure damage and economic losses totalled around €16.5 billion. More than seven months later, the local economy has rebounded, thanks in part to public aid packages worth 0.5% of the country’s GDP. However, in early May, the same part of Spain found itself exposed again to the disruptive consequences of climate change when extreme weather hit.

    The costs of flooding

    The direct costs from the damage to public infrastructure and private assets are only part of the economic losses originating from flooding. The indirect costs might not be immediately visible, but they are certainly not less significant. Business interruptions reduce firms’ revenue and cash flows, straining liquidity and, in the worst cases, threatening their survival. In addition, the increasing likelihood of future flooding may be priced into the valuation of assets and real estate in areas exposed to these types of climate risks. Firms impacted by climate-related hazards might find it difficult to pay back loans or bonds, or to raise finance as physical assets that can be pledged as collateral for bank credit lose value. Ultimately, this can affect the stability of the financial system.

    For these reasons, climate change is not just a long-term environmental issue, but a threat to our economy and financial systems now. Economists at the European Commission’s Joint Research Centre (JRC) have been conducting research to better understand how the links between the business sector and the financial system amplify its impact.

    A JRC study of flood events between 2007 and 2018 finds that flooding significantly worsened the performance of European firms. Manufacturers exposed to flooding experienced reductions in sales, number of employees and the value of their assets. These impacts occurred in the year following the flooding and tended to be persistent, with no clear signs of recovery seven years after the disaster. Some firms even went out of business. The study also finds that companies in flood-prone areas were better able to weather the shock than businesses exposed to less frequent flooding. This is consistent with the fact that adaptation and protection measures reduce the impacts of flooding.

    Threats to smaller firms

    Water damage is particularly disruptive for companies that are highly indebted. A second JRC study zooms in on the mechanisms whereby financing choices, and reliance on bank loans in particular, amplify the impact of climate change. This study focuses on loans extended to small and medium-sized enterprises (SMEs) in Italy, Spain and Belgium between 2008 and 2019. It was motivated by the idea that smaller firms, which are more financially fragile than larger ones, might also be more vulnerable to the localised impact of climate-related hazards, not least because of their limited capacity to geographically diversify their operations and access market-based finance. The study shows that flood episodes under analysis strained SMEs’ ability to meet their debt obligations. Flooded firms were more likely to incur delays in servicing their loans and eventually fail to repay them, even two years after the disaster.

    In turn, this entails losses for the banks that finance these firms. In general, if banks anticipate the impact of flooding on business operations, they could be expected to divert lending toward safer borrowers or charge a higher interest rate on credit extended to at-risk firms. Indeed, the study finds evidence that prospective flood risk is priced into new loans. In the period under analysis, the “flood risk premium” was especially high for loans to smaller firms and for those granted by local, specialised banks, both of which tend to have geographically concentrated activities that are more exposed to disaster impacts. Loans to borrowers exposed to high flood risk were 12 percent more expensive, all things being equal.

    Thus, flooding causes worse financial conditions for businesses and exposes the banking sector to losses on their loan portfolios. The numbers can be staggering: days after the October 2024 flooding, the Spanish Central Bank said that banks’ exposure in the affected areas would total €20 billion, with €13 billion in household loans and €7 billion in business loans (60% to SMEs), impacting 23,000 companies and 472,000 individuals.

    With extreme weather events becoming more frequent and severe, the direct and indirect costs of climate change are projected to increase, unevenly affecting households, firms and territories across Europe. Increasing investments in adaptation, eg in flood defence, and closing the climate insurance protection gap – the uninsured portion of economic losses caused by natural hazards – are crucial to increase the resilience of our economies and financial systems and preserve the wellbeing of our societies. The complex structure of investment incentives calls for a multilayered approach, with a mix of private and public funding and risk-sharing mechanisms.

    Serena Fatica ne travaille pas, ne conseille pas, ne possède pas de parts, ne reçoit pas de fonds d’une organisation qui pourrait tirer profit de cet article, et n’a déclaré aucune autre affiliation que son organisme de recherche.

    – ref. Lower revenues, pricier loans: how flooding in Europe affects firms and the financial system they depend on – https://theconversation.com/lower-revenues-pricier-loans-how-flooding-in-europe-affects-firms-and-the-financial-system-they-depend-on-258755

    MIL OSI Analysis –

  • MIL-OSI Analysis: Israel’s air strength is giving it a free hand over Iran

    Source: The Conversation – UK – By Matthew Powell, Teaching Fellow in Strategic and Air Power Studies, University of Portsmouth

    Israel says it quickly gained air superiority over the Iranian capital, Tehran. Luciano Santandreu / Shutterstock

    Israel’s initial attack on Iranian nuclear and military facilities, alongside its assassination of top military officials and nuclear scientists, on June 13 has been followed by days of escalating strikes. Iran threatened “severe punishment” and quickly launched what were, in relative terms, smaller-scale missile attacks against Israeli territory.

    Israel’s military then expanded its assault on Iran, with the Israeli defence minister, Israel Katz, saying “Tehran will burn” if Iran’s supreme leader, Ayatollah Ali Khamenei, “continues to fire missiles at the Israeli home front”. Israel hit dozens of targets in the Iranian capital, Tehran, on June 15, and has since issued evacuation orders for significant areas of the city.

    The exchange of attacks has put the varying military and defensive capabilities of Israel and Iran on stark display. In particular, it appears that Israel has been able to exercise a high degree of air superiority over Iran.

    Israel was able to use more than 200 manned aircraft in its initial attack, with its air force reportedly suffering zero casualties. Within 48 hours of starting the conflict, Israel said it had gained control of the skies above Tehran.

    Get your news from actual experts, straight to your inbox. Sign up to our daily newsletter to receive all The Conversation UK’s latest coverage of news and research, from politics and business to the arts and sciences.

    This superiority has largely been gained through concerted efforts over the past year to destroy or degrade Iran’s air defence systems. In October 2024, for example, Israeli strikes targeted air defences protecting Iranian oil and gas facilities as well as those defending sites linked to Tehran’s nuclear programme and ballistic missile production.

    With a weakened air defence system, the Iranian military has been less able to prevent missile attacks and Israeli aircraft from entering its air space. This has given the Israeli military greater freedom of action in terms of the targets it chooses to attack – and greater freedom of choice when planning operations.

    Israeli aircraft have been dropping bombs from within Iran, instead of relying on long-range missiles. Iran, on the other hand, has been restricted to using its arsenal of missiles to strike Israel from distance.

    Israel’s prime minister, Benjamin Netanyahu, made reference to the strategic importance of this aerial superiority on June 16. While confirming evacuation orders for the Iranian capital, he said: “The Israeli air force controls the skies over Tehran. This changes the entire campaign.”

    Netanyahu later did not rule out killing Khamenei, saying it would “end the conflict”. Katz repeated the threat the following day, warning Khamenei of a “fate similar to Saddam Hussein”.

    Iran has been far less effective than Israel in its response – which is no great surprise. Israel says it has destroyed “one-third” of the surface-to-surface missile launchers possessed by Iran. And the majority of the missiles and drones that have been fired by Iran into Israeli territory have been intercepted before striking their targets.

    But the strength of Israel’s so-called iron dome air defence system has, somewhat counter-intuitively, also offered Iran some advantages. In order to maintain the Iranian regime’s own internal security and stability, as well as its wider political aims of being a regional power, Tehran had to respond with a certain level of force.

    However, Iran is also fully aware of the protection the iron dome provides to the Israeli population. The Iranian government will still be able to point to the few missiles and drones that have reached their target, and the destruction they have caused, as evidence that it is able to project its power beyond its own borders and respond in the face of aggressive Israeli action.

    It is able to do so in the knowledge that the level of destruction and deaths of Israeli civilians, which so far stands at around 24 people, will be limited to such a degree that any further escalation by Israel will be seen as unjustified by the wider international community.

    However, as the destruction and death toll rises, it will become harder for either government to follow this path of logic. Iran has already criticised the Israeli military’s claim that it has conducted strikes in a precise manner and only against military targets, reporting that over 200 civilians have been killed in the strikes.

    It is here where mistakes and missteps could see events spiral out of control. This may lead to a wider and larger-scale conflict that neither side wants but is unable to prevent occurring. Iran, for its part, is reportedly signalling that it is seeking an end to hostilities and the resumption of talks over its nuclear programme.

    Wider consequences

    If the conflict does escalate, Israel will probably target Iranian military production facilities. The Israeli military has already issued a warning on social media, telling the Iranian people to stay away from all weapons manufacturing facilities.

    Other targets may include nuclear installations – though at least one, the heavily fortified Fordow nuclear site in central Iran, will not be targeted. Fordow is hidden in a mountain, with centrifuges located possibly as deep as 80 metres underground.

    Only the US military has the hardware capable of reaching this facility, so attacking the site would require US intervention. This is something the current Washington administration has proved reluctant to do, so far.

    But any escalation could have ramifications beyond the Middle East. Iran has supplied Shahed-type drones to Russia for use in its war in Ukraine, with them becoming a key part of Russia’s military strategy. However, Russia is now largely producing its own supplies of Shahed drones internally.

    A much more likely effect is the prolonging of the war in Ukraine as international attention shifts to de-escalating tensions between Israel and Iran. The international community has focused on trying to prevent further attacks, with the US president, Donald Trump, advocating for talks rather than more strikes.

    On June 15, Trump wrote on his social media platform, Truth Social: “Iran and Israel should make a deal, and will make a deal, just like I got India and Pakistan to make.” Whether Israel and Iran take heed of his request will become clear over the coming days and weeks.

    Matthew Powell 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. Israel’s air strength is giving it a free hand over Iran – https://theconversation.com/israels-air-strength-is-giving-it-a-free-hand-over-iran-259073

    MIL OSI Analysis –

  • MIL-OSI United Kingdom: Anniversary Statement: St Helena Airport

    Source: United Kingdom – Executive Government & Departments

    News story

    Anniversary Statement: St Helena Airport

    Investigation of go-arounds flown at St Helena Airport on 17 June 2023 and subsequently

    This statement provides an update on the AAIB investigation into a number of go-arounds flown at St Helena Airport on 17 June 2023 and subsequently. 

    The AAIB has determined that these go-arounds did not constitute serious incidents, as defined, but that there are actions that may potentially improve the safety of operations by aircraft to the airport.  These include possible enhancements to runway marking, weather reporting and diversion procedures. 

    The report is nearing completion and will be published by the AAIB.

    Updates to this page

    Published 17 June 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: UK turns the screw on Putin as allies unite behind Ukraine

    Source: United Kingdom – Executive Government & Departments

    Press release

    UK turns the screw on Putin as allies unite behind Ukraine

    The Prime Minister has ramped up economic pressure on Russia with a raft of new sanctions.

    • 30 new UK sanctions hit Russian finance, military and energy targets
    • Prime Minister ramps up pressure at G7 Summit as Putin continues to avoid peace.
    • Comes after further devastating Russian attacks on Kyiv in the last few hours

    The Prime Minister has ramped up economic pressure on Russia with a raft of new sanctions, as he galvanises support behind Ukraine at the G7 Summit in Canada today.  

    The 30 targets strike across Russia’s financial, military and energy sectors in response to Putin’s continued aggression. His repeated refusals to engage seriously in peace has redoubled the UK’s resolve to apply a stranglehold on the Russian economy. 

    The new sanctions crack down further on Putin’s shadow fleet, targeting 20 of his oil tankers. The UK is also tightening the net around those who enable Putin’s illicit oil trade, sanctioning Orion Star Group LLC and Valegro LLC-FZ, for their role in crewing and managing shadow fleet vessels.  

    Today’s action also targets Russia’s military capabilities, hitting the military agency leading the development of Russia’s underwater intelligence gathering operations (GUGI), protecting the UK from attacks on subsea infrastructure, restricting Putin’s war machine and increasing our security at home. 

    In addition, two UK residents Vladimir Pristoupa and Olech Tkacz operating a shadowy network of shell companies, have now been sanctioned for collectively funnelling over $120 million of electronics, many of which are on the Common High Priority goods list, to Russia. 

    These individuals, who live and own businesses in the UK, are responsible for supplying Russia with high tech electronics which are crucial to Putin’s war effort. The UK will not tolerate those who enable Putin to wage his illegal war, and today’s sanctions demonstrate there is nowhere to hide. 

    Prime Minister Keir Starmer said:

    “These sanctions strike right at the heart of Putin’s war machine, choking off his ability to continue his barbaric war in Ukraine. 

    “We know that our sanctions are hitting hard, so while Putin shows total disregard for peace, we will not hesitate to keep tightening the screws.

    “The threat posed by Russia cannot be underestimated, so I’m determined to take every step necessary to protect our national security and keep our country safe and secure.”

    Foreign Secretary, David Lammy said: 

    “With his continued attacks and needless bloodshed, it is clear that Putin has no interest in peace. 

    “Today’s sanctions show we will systematically dismantle his dangerous shadow fleet, starve his war machine, and support Ukraine to defend itself.     

    “The UK and our allies will not sit idly by whilst Putin’s cowardly inaction continues to cost lives.”  

    The UK also plans to move with partners to tighten the Oil Price Cap to hurt Russia’s oil revenues, while ensuring stability of the energy market.  

    We are determined to hit Putin where it hurts by striking at his oil revenues – the single most important source of funding for his barbaric war.

    Additional infomation

    • GUGI is the common name for the Main Directorate of Deep-Sea Research within Russia’s Ministry of Defence. 

    • A full list of today’s targets can be found here

    Updates to this page

    Published 17 June 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Over £3.4m funding secured to help prevent homelessness and rough sleeping in Derby

    Source: City of Derby

    Derby City Council has been awarded more than £3.4m in Government funding to help prevent and relieve homelessness and rough sleeping in Derby.

    The funding comes from two separate grants awarded by the Ministry of Housing, Communities and Local Government (MHCLG) for 2025/26:  

    • £2.328m – MHCLG Homelessness Prevention Grant
    • £1.166m – MHCLG, Rough Sleeping Prevention and Recovery Grant 

    Last year, 2,292 households approached Derby Homes for homelessness assistance. Over 530 individuals were identified through outreach services as rough sleeping on at least one night during the year. 

    This funding enables the Council to step in earlier to prevent more households becoming homeless in the first place. This includes mediation with landlords and families to prevent evictions, help finding new homes and help with deposits to access private renting.

    The funding also enables the Council to channel resources into services which prioritise access to housing for people with histories of repeat homelessness, rough sleeping and multiple disadvantages, including drug and alcohol abuse, by securing critical outreach services and pathways into supported housing that best meets their needs.

    Derby City Council and its partners welcome this funding to continue delivering critical services, support and access to accommodation for households facing difficult situations.

    Councillor Shiraz Khan, Cabinet Member for Housing, Strategic Planning and Regulatory Services said:

    Everybody deserves a safe home, and while I am extremely proud of the level of support that is on offer in Derby, as long as there are still people finding themselves without a roof over their head, there is still more that needs to be done.

    This funding allows us to continue the great work happening in the city and will help us to continue to proactively support people before they become homeless.

    If you or someone you know is at immediate risk of becoming homeless or sleeping rough, call Derby Homes on 01332 888777.

    If you do not have access to a phone, you can visit the Council House – Monday, Tuesday and Thursday 9am – 1pm. Wednesday and Friday 10am – 1pm.  
     

    MIL OSI United Kingdom –

  • MIL-OSI Russia: HSE and the Moscow Transport Museum signed a cooperation agreement

    Translation. Region: Russian Federal

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

    The cooperation is aimed at developing joint scientific and project activities, organizing educational courses and training personnel in the interdisciplinary field. The document was signed by Vice-Rector and Head of the HSE Staff Irina Martusevich and Director of the Moscow Transport Museum Oksana Bondarenko.

    The cooperation between the Moscow Transport Museum and the National Research University Higher School of Economics is especially symbolic: both institutions are united by a desire for modernization, openness to technological innovations, and a priority for digitalization. The partnership plans to develop research and educational initiatives that will combine engineering, humanitarian, and management approaches and thereby set a high bar for new forms of museum and academic work.

    The Transport Museum is an example of one of the most modern types of museum institutions, where the educational mission is closely linked to the development of applied knowledge. The focus on training a new generation of specialists capable of thinking interdisciplinary and confidently working in a technical and cultural environment makes this cooperation especially relevant. Together, the university and the museum create a space in which a culture of meaningful attitude to the urban environment, its history and future is formed. The partnership will open up the opportunity for HSE students to undergo internships and practical training in one of the youngest and most dynamically developing museum spaces in the capital. Joint events are planned for research staff: seminars, conferences and round tables.

    “Preserving historical heritage is one of the key tasks of both universities and museums. The cooperation between the Transport Museum and HSE is an important step towards this goal. The synergy between the museum’s skills in working with sources and artefacts and HSE’s project-oriented approach not only enriches both organizations, but also contributes to the formation of public consciousness, emphasizing the importance of the contribution of the past to our present,” says Irina Martusevich.

    “For us, cooperation with the Higher School of Economics is a space of opportunities and search, where young specialists can prove themselves in real conditions, and the museum can find new, and most importantly, bold solutions for its exhibition and educational projects. We also have an ambition to become a museum-institute, which, in collaboration with the National Research University Higher School of Economics, will open a unique direction for training in-demand museum personnel. As a museum that tells about the culture of movement, it is important for us to follow the most advanced ideas and create relevant, modern projects. And it seems to us that students are the best ones to cope with this task, offering non-standard concepts that we can discuss and implement together,” said Oksana Bondarenko.

    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 –