Source: GlobeNewswire (MIL-OSI)
Oslo, 5 June 2025 – DNO ASA, the Norwegian oil and gas operator, today held its 2025 Annual General Meeting in Oslo, Norway. All resolutions received shareholder approval. The minutes from the meeting are attached.
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This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
Attachment
Source: The Conversation – France – By Ombline Damy, Doctorante en Littérature Générale et Comparée, Sciences Po
Paintings by German artist Emil Nolde (1867-1956) were recently on display at the Musée Picasso in Paris as part of an exhibition on what the Nazis classified as “degenerate art”. At first glance, his works fit perfectly, but recent research shows that Nolde’s relationship to Nazism is much more nuanced than the exhibition revealed.
While Nolde was one of the many victims of the Third Reich’s repressive responses to “degenerate art”, he was also one of Nazism’s great admirers. The immense popularity of The German Lesson (1968) by author Siegfried Lenz, however, greatly contributed to creating the legend of Nolde as a martyr of the Nazi regime.
The cover of the French edition, which was on sale in the Musée Picasso bookstore, subtly echoes one of Nolde’s works, Hülltoft Farm, which hung in the exhibition.
Set against the backdrop of Nazi policies on “degenerate art”, the novel is about a conflict between a father and son. It addresses in literary form the central postwar issue of Vergangenheitsbewältigung, a term referring to the individual and collective work of German society on coming to terms with its Nazi past.
The German Lesson was met with huge success upon publication. Since then, it has become a classic of postwar German literature. Over 2 million copies have been sold across the world, and the novel has been translated into more than 20 languages. It is still studied in Germany as part of the national school curriculum. Adding to its popularity, the book was adapted for the screen in 1971 and in 2019. More than 50 years after its publication, The German Lesson continues to shape the way we think about Nazi Germany.
Set in Germany in the 1950s, the novel is told through the eyes of Siggi, a young man incarcerated in a prison for delinquent youths. Asked to pen an essay on the “joys of duty”, he dives into his memories of a childhood in Nazi Germany as the son of a police officer.
He remembers that his father, Jens Ole Jepsen, was given an order to prevent his own childhood friend, Max Ludwig Nansen, from painting. As a sign of protest against the painting ban, Nansen created a secret collection of paintings titled “the invisible pictures”. Because he was young enough to appear innocent, Siggi was used by his father to spy on the painter.
Siggi found himself torn between the two men, who related to duty in radically opposite ways. While Jepsen thought it his duty to follow the orders given to him, Nansen saw art as his only duty. Throughout the novel, Siggi becomes increasingly close to the painter, whom he sees as a hero, all the while distancing himself from his father, who in turn is perceived as a fanatic.
The novel’s point of view, that of a child, demands of its reader that they complete Siggi’s omissions or partial understanding of the world around him with their adult knowledge. This deliberately allusive narrative style enables the author to elude the topic of Nazism – or at least to hint at it in a covert way, thus making the novel acceptable to a wide German audience at the time of its publication in 1968.
Nevertheless, the book leaves little room for doubt on the themes it tackles. While Nazism is never explicitly named, the reader will inevitably recognize the Gestapo (the political police of the regime) when Siggi speaks of the “leather coats” who arrest Nansen. Readers will also identify the ban on painting issued to Nansen as a part of Nazi policies on “degenerate art”. And, what’s more, they will undoubtedly perceive the real person hiding behind the fictional character of Max Ludwig Nansen: Emil Nolde, born Hans Emil Nansen.
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Much like his fictional counterpart Max Ludwig Nansen, the painter Emil Nolde fell victim to Nazi policies aimed at artists identified as “degenerate”. More than 1,000 of his artworks were confiscated, some of which were integrated into the 1937 travelling exhibition on “degenerate art” orchestrated by the regime. Nolde was banned from the German art academy, and he was forbidden to sell and exhibit his work.
After the collapse of the Nazi regime, the tide turned for this “degenerate” artist. Postwar German society glorified him as a victim and opponent of Nazi politics, an image which Nolde carefully fostered. In his memoirs, he claimed to have been forbidden to paint by the regime, and to have created a series of “unpainted pictures” in a clandestine act of resistance.
Countless exhibits on Nolde, in Germany and around the world, served to perpetuate the myth of a talented painter, fallen victim to the Nazi regime, who decided to fight back. His works even made it into the hallowed halls of the German chancellery. Helmut Schmidt, chancellor of the Federal Republic of Germany from 1974 to 1982, and Germany’s former chancellor Angela Merkel decorated their offices with his paintings.
The popularity of The German Lesson, inspired by Nolde’s life, further solidified the myth – until the real Nolde and the fictional Nansen became fully inseparable in Germany’s collective imagination.
Yet, the historical figure and the fictional character could not be more different. Research conducted for exhibits on Nolde in Frankfurt in 2014 and in Berlin in 2019 revealed the artist’s true relationship to Nazism to the wider public.
Nolde was indeed forbidden from selling and exhibiting his works by the Nazi regime. But he was not forbidden from painting. The series of “unpainted pictures”, which he claimed to have created in secret, are in fact a collection of works put together after the war.
What’s more, Nolde joined the Nazi Party as early as 1934. To make matters worse, he also hoped to become an official artist of the regime, and he was profoundly antisemitic. He was convinced that his work was the expression of a “German soul” – with all the racist undertones that such an affirmation suggests. He relentlessly tried to convince Goebbels and Hitler that his paintings, unlike those of “the Jews”, were not “degenerate”.
Why, one might ask, did more than 70 years go by before the truth about Nolde came out?
Yes, the myth built by Nolde himself and solidified by The German Lesson served to eclipse historical truth. Yet this seems to be only part of the story. In Nolde’s case, like in many others that involve facing a fraught national past, it looks like fiction was a great deal more attractive than truth.
In Lenz’s book, the painter Nansen claims that “you will only start to see properly […] when you start creating what you need to see”. By seeing in Nolde the fictional character of Nansen, Germans created a myth they needed to overcome a painful past. A hero, who resisted Nazism. Beyond the myth, reality appears to be more complex.
Ombline Damy received funding from la Fondation Nationale des Sciences Politiques (National Foundation of Political Sciences, or FNSP) for her thesis.
– ref. How a postwar German literary classic helped eclipse painter Emil Nolde’s relationship to Nazism – https://theconversation.com/how-a-postwar-german-literary-classic-helped-eclipse-painter-emil-noldes-relationship-to-nazism-258310
Source: City of Wolverhampton
Contactless technology has been introduced into driver’s ID cards, meaning passengers can view a digital version of their driver’s private hire or taxi driver licence simply by tapping the card with a Near Field Communication (NFC) enabled smartphone.
This will provide reassurance about the driver’s identity and confirm to passengers whether their private hire or taxi licence is current and valid.
Details of all taxi and private hire driver licences are held on the council’s driver database. The database is checked and revised every day, meaning information sent to the passenger will be accurate and up to date.
Existing identity cards, used by taxi and private hire drivers across the country, are susceptible to being copied and used fraudulently which can pose a risk to passengers.
But the new contactless ID cards, which will be used by the council’s licensed private hire and black cab drivers, contain a range of security features which make them extremely difficult to fake.
These features include a hologram, optically variable inks and guilloche patterns, similar to those seen on banknotes and passports, as well as a number of other forensic features.
Most importantly, the technology they contain will enable passengers, police and other councils to verify the identity of the driver as well as their licence status.
Many modern smartphones support NFC technology. It is most commonly used in contactless payments, to make secure transactions, exchange digital content, and to connect electronic devices. But this is believed to be the first time the contactless technology is being used to digitally verify a driver’s licence status.
The new contactless ID cards have already been issued to around 15,000 drivers licensed by the council and have been tapped more than 40,000 times. Those renewing their licences over the next 3 years will receive their new ID cards in the post.
Passengers are encouraged to tap their driver’s ID card, positioned in the front windscreen on the passenger’s side of the vehicle. The card can be tapped through the glass, before customers get in.
Instant results will be available on the passenger’s smartphone. If the licence status shows as invalid, they are advised not to get in the vehicle and report the driver to the council.
If passengers are unable to use the NFC function, they can check the driver against the council’s online registers at Online Licence Registers.
The cards have been developed in partnership with UK based firm Euclid, which specialises in contactless cards and ID cards. The company works with governments around the world on national identity and passport schemes.
Councillor Bhupinder Gakhal, cabinet member for resident services at City of Wolverhampton Council, said: “Once again, Wolverhampton is leading the way by using cutting edge technology in taxi and private hire licensing.
“We have worked with our supplier, Euclid, to create cards that use ingenious technology to improve the public’s trust in their drivers. This technology makes checking your driver’s licence and identity far simpler than calling the council and the security features in the card also make it much harder for potential fraudsters.
“Not only do the new cards offer extra reassurance, they are also more environmentally friendly and prevent the need for tens of thousands of plastic licences to be printed every year.”
Geoff Neal, managing director of Euclid Ltd, said: “Euclid has been delighted to offer their expertise in support of City of Wolverhampton Council on this exciting opportunity, bringing innovative enhancements to their Taxi Licensing service, especially in regard to improving safety for passengers, by giving them confidence that their driver is both genuine and licensed.”
If passengers have any concerns about their driver, they are encouraged to contact the council by calling 01902 55 TAXI (8294) or completing our webform at Taxi Complaints – Report a taxi driver.
Source: Scotland – City of Dundee
Dundee S6 pupils who have proved to be truly community-spirited though their efforts at home and school have been recognised at a special ceremony.
The annual presentation of the Lord Provost McManus Citizenship Award was made in the City Chambers.
The scheme is designed to encourage and celebrate young people’s hard work and contribution to their school and the wider community. It was named after Maurice McManus who served as Lord Provost of Dundee between 1960 and 1968.
Current Lord Provost Bill Campbell hosted the ceremony attended by nominated pupils, along with their families and school staff.
The winner of the Lord Provost McManus Citizenship award is Alyssa Tait from Cragie High School.
Alyssa is a dedicated volunteer, supporting various initiatives including the school of sport first year classes throughout the academic year. She has earned her Sport Leader Award and has also contributed to primary and breakfast sports clubs.
Beyond school, Alyssa volunteers at Douglas Community Centre as part of the East Youth Team, supporting range of groups including Positive Minds, P7 Drop In, Healthy Transitions and an S1 Health and Wellbeing girls’ group.
Second place was awarded to Mia McKell from Morgan Academy. Mia has been instrumental in organising events to raise money from charity. This year she organised a Macmillan coffee morning which raised over £1,500. Through the Career Ready Programme, Mia has been giving her time to volunteer as a sports coach four days a week.
Third place went to Eva Day from Harris Academy. Through her work on the Children, Families and Communities Committee Eva advocates for all young people in the city. Within school Eva is a Prefect, House Captain, leads the pupil voice initiative and has taken lead in pupil voice and launched the school’s journey towards achieving their Silver Rights Respecting School Award.
Lord Provost Bill Campbell said: “It was a pleasure to gather to celebrate the outstanding individuals who have shown their impressive commitment to the spirit of citizenship and have made a significant contribution to their school and their community.
“All of the nominees would, no doubt, be first to say that the support they get from their parents/carers and staff within their schools has given them the opportunity to participate in the activities which have led them here today.
“Our city is well known for having a strong sense of community and we are lucky to have many people who look out for one another. All of today’s nominees have followed in these proud footsteps.”
“Dundee thrives because of the efforts of its citizens—those who volunteer, support their neighbours and those in their community, and work tirelessly to create a more inclusive society.”
Full list of finalists: Cole Anderson-McGuiness, Baldragon Academy, Eva Dey, Harris Academy, Mia McKell, Morgan Academy, Elsie Mills, Harris Academy, Nabeeha Saber, St John’s RC High School, Casey Stewart, Braeview Academy, Alyssa Tait, Craigie High School.
Source: GlobeNewswire (MIL-OSI)
A Media Snippet accompanying this announcement is available in this link.
VILNIUS, Lithuania, June 05, 2025 (GLOBE NEWSWIRE) — BTCC, a leading cryptocurrency trading platform with 14 years of secure operations, has launched significant upgrades to its demo trading feature designed to better serve cryptocurrency beginners. The enhanced upgrade now allows users to independently top up their virtual funds while earning real rewards through completing various demo trading tasks.
The upgraded demo trading feature introduces two key improvements that reflect BTCC’s commitment to making cryptocurrency trading more accessible. Users can now top up virtual funds by themselves, accessing up to 500,000 USDT per week without requiring approvals. This self-service feature allows traders to instantly access more funds, giving new users more opportunities to practice trading.
Additionally, users can now complete demo trading tasks to earn trading fund rewards, which can be used to open positions in live trading. This innovative approach bridges the gap between demo and real trading, helping beginners transition more confidently while reducing their initial trading costs.
“We recognized that learning crypto trading requires extensive practice, and while our previous 100,000 USDT virtual balance was already generous compared to other exchanges, we wanted to go further,” said Alex, Head of Operations at BTCC Exchange. “By allowing users to self-manage their virtual funds and earn real trading rewards, we’re empowering beginners to gain the comprehensive experience they need to succeed in live trading.”
Dan Liu, CEO of BTCC, reinforced the platform’s commitment to user education: “At BTCC, we believe that true crypto adoption begins with understanding. This upgraded demo trading feature lowers the barrier to entry and gives new users the freedom to explore, learn, and grow—at their own pace, without pressure.”
To celebrate the feature upgrade, BTCC is hosting a special Trade Your First Win demo trading competition on its official X account, featuring prizes including Amazon Gift Cards and additional bonuses.
This upgrade reinforces BTCC’s mission to make crypto trading reliable and accessible to everyone. Since its establishment in 2011, BTCC has maintained an unmatched security record with zero security breaches over 14 years of operations. The platform continues to support beginners through comprehensive guides, copy trading feature, and extensive educational resources.
The enhanced demo trading feature is now available to all BTCC users, further solidifying the platform’s position as a beginner-friendly cryptocurrency exchange focused on security, accessibility, and user education.
About BTCC Exchange
Founded in 2011, BTCC is one of the world’s longest-serving cryptocurrency exchanges, offering secure and user-friendly trading services to millions of users globally. With a commitment to security, innovation, and community building, BTCC continues to be a trusted platform in the evolving cryptocurrency landscape.
Website: https://www.btcc.com/en-US
Contact: press@btcc.com
Source: The Conversation – UK – By Dipa Kamdar, Senior Lecturer in Pharmacy Practice, Kingston University
Rosemary (Rosmarinus officinalis), the aromatic herb native to the Mediterranean, has long been treasured in kitchens around the world. But beyond its culinary charm, rosemary is also gaining recognition for its impressive health benefits, especially when it comes to brain health, inflammation and immune function.
Research suggests rosemary may even hold promise in the fight against Alzheimer’s disease, the leading cause of dementia worldwide.
Historically, rosemary has been linked to memory and mental clarity. In ancient Greece and Rome, students and scholars used rosemary in the hope of sharpening concentration and recall.
Modern science is finding there may have been something in this: in one study, people who inhaled rosemary’s scent performed better on memory tasks compared to those in an unscented environment.
So how does rosemary work on the brain? There are several mechanisms at play. For starters, rosemary stimulates blood circulation, including to the brain, helping deliver more oxygen and nutrients, which may improve mental clarity. It also has calming properties; some studies suggest its aroma can reduce anxiety and improve sleep. Lower stress can mean better focus and memory retention.
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Rosemary contains compounds that interact with the brain’s neurotransmitters. One such compound, 1,8-cineole, helps prevent the breakdown of acetylcholine, a brain chemical essential for learning and memory. By preserving acetylcholine, rosemary may help support cognitive performance, especially as we age.
Another bonus? Rosemary is packed with antioxidants, which help protect brain cells from damage caused by oxidative stress – a major factor in cognitive decline.
Rosemary is rich in phytochemicals, plant compounds with health-enhancing effects. One of the most powerful is carnosic acid, an antioxidant and anti-inflammatory agent that helps shield brain cells from harm, particularly from the kinds of damage linked to Alzheimer’s disease.
In 2025, researchers developed a stable version of carnosic acid called diAcCA. In promising pre-clinical studies, this compound improved memory, boosted the number of synapses (the connections between brain cells), and reduced harmful Alzheimer’s related proteins like amyloid-beta and tau.
What’s especially exciting is that diAcCA only activates in inflamed brain regions, which could minimise side effects. So far, studies in mice show no signs of toxicity and significant cognitive improvements – raising hopes that human trials could be next.
Researchers also believe diAcCA could help treat other inflammatory conditions, such as type 2 diabetes, cardiovascular disease and Parkinson’s disease.
Rosemary’s benefits could extend well beyond the brain. It’s been used traditionally to ease digestion, relieve bloating and reduce inflammation.
Compounds like rosmarinic acid and ursolic acid are known for their anti-inflammatory effects throughout the body. Rosemary may even benefit the skin – a review suggests it can help soothe acne and eczema, while carnosic acid may offer anti-ageing benefits by protecting skin from sun damage.
Rosemary oil also has antimicrobial properties, showing promise in food preservation and potential pharmaceutical applications by inhibiting the growth of bacteria and fungi.
For most people, rosemary is safe when used in food, teas or aromatherapy. But concentrated doses or extracts can pose risks. Consuming large amounts may cause vomiting or, in rare cases, seizures – particularly in people with epilepsy.
There’s also a theoretical risk of rosemary stimulating uterine contractions, so pregnant people should avoid high doses. Because rosemary can interact with some medications – such as blood thinners – it’s best to check with a healthcare provider before taking large amounts in supplement form.
Rosemary is more than just a kitchen staple. It’s a natural remedy with ancient roots and modern scientific backing. As research continues, particularly into breakthrough compounds like diAcCA, rosemary could play an exciting role in future treatments for Alzheimer’s and other chronic conditions.
In the meantime, adding a little rosemary to your life – whether in a meal, a cup of tea, or a breath of its fragrant oil – could be a small step with big health benefits.
Dipa Kamdar 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. Rosemary has been linked to better memory, lower anxiety and even protection from Alzheimer’s – https://theconversation.com/rosemary-has-been-linked-to-better-memory-lower-anxiety-and-even-protection-from-alzheimers-256920
Source: The Conversation – UK – By Carlos Abrahams, Senior Lecturer in Environmental Assessment – Director of Ecoacoustics, Nottingham Trent University
Sounds are integral parts of any landscape. Think of the calls of grouse and curlew on the Pennine Moors. Wind sieving through reed beds in the Norfolk Broads. Church bells chiming out over the hustle and bustle of central London. Every locale across the Earth, beneath our oceans, lakes and rivers, and even underground, has its own distinctive “soundscape”.
Soundscapes are created by a combination of biological sounds – the voices of birds, bats and insects – alongside environmental sounds from rainfall, waves crashing on the shore and low-frequency seismic rumbles. Layered over these natural sound sources are human-made noises from planes, trains, traffic and other elements of 21st-century life.
This human-made noise can be so loud and so pervasive in some areas that it blocks the natural sounds that would otherwise be audible. This affects the behaviour and life cycles of wildlife, because many species rely on sound for breeding activity, social communication and predator detection. Masking these important signals can reduce breeding success and drive populations away from the disturbed habitats.
Noise pollution also reduces our own health and wellbeing. Chronic noise exposure is linked to elevated stress levels, impaired cognitive function and an increased risk of cardiovascular disease. The damaging soundscapes of European urban areas contribute to 12,000 premature deaths and cost €40 billion (£34 billion) every year.
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As soundscape researchers, we are trying to both understand and learn how to minimise the effects of noise on both wild nature and humans. Part of the solution involves adapting landscape design to build towns and cities that don’t just limit adverse noise pollution, but produce beneficial soundscapes. These can help people and wildlife engage with their surroundings and navigate more easily through them.
For example, people might be drawn to vibrant chatter from a nearby street or use the sound of a river to place ourselves within the mental map of our neighbourhood. Paying attention to soundscapes within the landscape design process can create a stronger sense of place, linking us more closely to our surroundings.
Many cities tackle noise at its source through urban design. In Barcelona, 57% of people are regularly exposed to excessive noise levels. The “superblocks” initiative – where motorised traffic is limited to peripheral roads around groups of buildings in the city – has allowed the pedestrianised inner streets to be opened up for people, planting and wildlife. This has created tranquil and rich local soundscapes and improved the population’s health in these areas.
Landscape interventions, such as tree buffers, earth banks and noise walls, can limit noise propagation through the environment. At Buitenschot Park in the Netherlands, landscape architects have designed ridges or earth banks that absorb and disperse ground-level noise from the nearby Schiphol airport. These sculptural landforms were inspired by local observations that noise reduced with the ploughing of fields near the airport. The similar use of noise reduction surfaces, such as the low-noise asphalt currently being tested in Paris, also help to limit the spread of unwanted sound.
Changes to the landscape also alter the perception of noise by the listener. Adding favourable sounds, such as flowing water, can draw attention away from traffic noise. Soundscape projects that include green spaces help increase biodiversity and engage citizens at the heart of the city. Some UK initiatives such as Bristol soundwalks and London’s Sounder City strategy involve the mapping of such quiet spaces to explain their purpose and encourage their use.
Noise is not just an urban issue. Rural landscapes are adversely affected by agriculture, quarrying and tourism. Historically, rural landscapes have been afforded greater protection from noise than their urban counterparts. The UK national parks were originally designated to allow for the “quiet enjoyment”
of countryside areas, while the tranquillity maps published two decades ago by the countryside charity Campaign to Protect Rural England sought to protect peaceful areas across the country.
Today, rewilding and habitat restoration can play an important role in returning more natural soundscapes with a better balance of non-human and human soundmakers. Restoring wetlands, woodlands and grasslands increases vocalising species, like birds. This benefits both wildlife and people, enabling nature connection and improving environmental quality. By considering sound as a key element of sustainability and resilience, spaces can support biodiversity while enhancing the wellbeing and quality of life of the people in these communities.
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Carlos Abrahams works for the ecological consultancy Baker Consultants Ltd and owns shares in Soil Acoustics Ltd. He has received research funding from Innovate UK in leration to soil ecoacoustics.
Usue Ruiz-Arana 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. How to design landscapes that enhance natural sounds and minimise noise pollution – https://theconversation.com/how-to-design-landscapes-that-enhance-natural-sounds-and-minimise-noise-pollution-252859
Source: United Kingdom – Royal Air Force
Two Royal Air Force Typhoon FGR4 aircraft were scrambled for the fourth time in seven days, from the 22nd Tactical Air Base, Malbork, Poland, to intercept unknown aircraft leaving Kaliningrad and close to NATO air space.
RAF Typhoons were scrambled on three separate occasions to intercept and identify a Russian Ilyushin Il-20M, as it left Kaliningrad air space. The Ilyushin Il-20M known by its NATO code name COOT-A, is a Communication and Electronic signals intelligence surveillance-reconnaissance aircraft.
On the fourth occasion NATO scrambled RAF Typhoons to intercept and identify a pair of Russian FLANKER H, transiting closer to NATO air space.
Aircrew from No. II (Army Co-operation) Squadron, part of 140 Expeditionary Air Wing (EAW), are currently conducting Quick Reaction Alert (QRA) as part of NATO enhanced Air Policing (eAP) when they were scrambled.
“Today was the fourth time in seven days that NATO have scrambled RAF assets stationed at Malbork, Poland. Today’s mission was to intercept and identify the unknown aircraft departing Kaliningrad air space. It was not communicating, nor did it file a flight plan which is required under international law. Once intercepted we escorted the aircraft to protect civilian air traffic in the immediate area, before handing it over to another pair of NATO aircraft.”
An EAW spokesperson.
Op Chessman is the UK contingent delivering the NATO eAP mission. RAF personnel are currently deployed at Malbork Airbase and are under the command of 140 EAW. The operation sees personnel from across the RAF deployed to Malbork alongside NATOs newest member Sweden.
Source: United Kingdom – Royal Air Force
As the UK Carrier Strike Group (CSG25) continues its journey to the Indo-Pacific region on Operation Highmast, the significance of this mission and its implications for global security are paramount. This operation is critical for ensuring a secure future for all NATO members and like-minded global allies. Through collaboration and innovation, the UK and its partners are poised to address future challenges with confidence and resilience.
Operation Highmast and CSG25 represent a comprehensive military operation involving multinational exercises throughout 2025. It aims to improve the interoperability and preparedness of NATO forces and global allies. Led by HMS The Prince Of Wales , the Royal Navy’s flagship aircraft carrier, its primary objective is to illustrate and reinforce the strategic capabilities of the United Kingdom and its allies, ensuring preparedness to address a diverse range of global threats.
As the lead nation in this operation, the United Kingdom plays a pivotal role in the planning, coordination, and execution of all activities, movements, and exercises. The UK’s Carrier Strike Group, with HMS Prince of Wales at its centre, serves as a significant maritime force capable of projecting power and influence on a global scale. This deployment underscores the United Kingdom’s advanced military technology, particularly the F-35B Lightning, which are essential components of the carrier’s air wing.
The UK’s leadership in CSG25 consolidates its military capabilities and reflects its steadfast commitment to the principles of collective defence within NATO. By undertaking such a prominent role, the United Kingdom reaffirms its dedication to safeguarding the security of the NATO alliance and our allies across the world.
This operation strengthens NATO bonds and global alliances through interoperability and collaboration. Multiple countries contribute their unique skills, enhancing overall effectiveness and unity. The UK defence gains crucial experience and insights into allied tactics and operations, ensuring seamless coordination in real-world scenarios requiring swift responses.
Furthermore, Op Highmast includes partner nations outside NATO with shared security interests, enhancing global stability and security. These nations’ diverse perspectives and capabilities enrich the exercise, highlighting the importance of strong international relationships. As global security challenges grow, a united response is essential.
Source: United Kingdom – Royal Air Force
This week, RAF Eurofighter Typhoons and Swedish Air Force JAS-39 Gripens conducted training together for the first time since the start of their joint deployment to Malbork, Poland.
The British Typhoons departed Malbork Air Base first to simulate an adversary formation, with the Swedish Gripens being scrambled to intercept the Typhoons, supported by a German Air Force A400M air-to-air refuelling aircraft.
This is a first for the detachment, however it is not the first time the RAF Typhoon and Swedish Air Force Gripen aircraft have trained together. Previously, the aircraft from the RAF and Swedish Air Force carried out joint training in October 2022 as part of the Joint Expeditionary Force (JEF) at Ravlunda Range in southern Sweden.
This week’s training sortie allowed pilots from No. II (Army Cooperation) Squadron and Swedish Air Force 211 and 212 Fighter Squadrons, to gain first-hand experience of working together. This will lead to a better understanding of capabilities and increased interoperability both in the air and amongst the ground crews.
“We work to the same rules and tactics, so it is important to train with other NATO members. As a pilot you are always learning, sharing experiences, exchanging tactics and ideas. Ultimately pilots are all growing and maturing with every mission we fly, whether it is a training sortie or live mission.
“Training with other nations and aircraft results in all involved learning new ideas and improving all nations interoperability, today was a great experience for all involved.”
Officer Commanding No. II (AC) Squadron
Conducting air-to-air refuelling from a German A400M was another first for pilots from No. II (AC) Squadron, further enhancing the squadrons capability whilst operating in the enhanced Air Policing mission.
“We are greatly experienced in refuelling from RAF Voyager aircraft and similar aircraft from other nations. However, refuelling from an A400M presents unique challenges due to subtle differences, such as refuelling airspeed, hose response and basket size and shape. The German crews were extremely professional, and it was a great experience working with them.”
RAF Typhoon pilot
Operation Chessman is the UK contingent delivering the NATO enhanced Air Policing mission. RAF personnel currently deployed at Malbork Airbase, are under the command of 140 Expeditionary Air Wing. Personnel from across the RAF are currently deployed to Malbork alongside NATO’s newest member, Sweden, until July 2025.
Source: United Kingdom – Royal Air Force
How might an Integrated Air & Missile Defence system help the RAF prepare for future conflicts?
InsideAIR spoke with Dr Sophy Antrobus, Research Fellow and Co-Director of Freeman Air & Space Institute, to hear an academic’s point of view.
InsideAIR is produced for the Royal Air Force by RAF Media Reserves. Theme music by RAF Music Services.
Source: United Kingdom – Royal Air Force
In the latest 60 Second Update from the Royal Air Force, hear from 502 (Ulster) Squadron. In this episode:
Global Enablement force personnel tested their skills on Exercise Auxilium Fort, adapting to conditions while working alongside our French allies.
The Duke of Gloucester joined 502 (Ulster) Squadron’s centenary celebrations at Hillsborough Castle.
The latest graduates from RAF Initial Officer Training welcomed the Chief of the Air Staff as their graduation Reviewing Officer.
How did you find this week’s episode? Thanks for watching and see you next time!
Source: Aisle of Wight
Hold onto your hats! Not one, but two elite parachute display teams will be dropping in — literally — to dazzle the crowds at this year’s Isle of Wight Armed Forces Day on Sunday, 29 June.
Back by popular demand — and making it a hat trick — are the Royal Navy Parachute Display Team, proudly sponsored by Wightlink.
These airborne aces will kick off the day at 10am, soaring above Ryde sands and landing with the kind of precision that makes jaws drop and cameras click.
“They’ve become a real crowd favourite,” said event organiser, Ian Dore. “It wouldn’t be Armed Forces Day without them.”
But the excitement doesn’t stop there.
In a major coup for the Island, the Royal Air Force Falcons will be making their first-ever appearance over Isle of Wight skies.
Led by Flight Lieutenant Alice Adam-Cairns, this 14-strong team of skydiving superstars is only performing at four Armed Forces Day events across the UK this year — and Ryde made the cut!
The Falcons are famous for their heart-stopping stunts and gravity-defying formations. Keep your eyes peeled for their signature moves like the Heart, Criss Cross-Carousel, Snakes & Ducks, and the thrilling Sabre Chase — all performed while plummeting from the sky with pinpoint accuracy.
They’re scheduled to jump at 4.30pm, with a pre-jump build-up on the beach to get the adrenaline flowing. And once they’ve landed, the fabulous Vintage Trio will take over with a nostalgic soundtrack to close the day on a high note.
Ian added: “This is another first for the Island and for Isle of Wight Armed Forces Day.
“The RAF Falcons have been on our wish list for a long time. Their display is not just a jump — it’s a high-adrenaline spectacle of advanced canopy handling and aerial choreography.”
With world-class displays, beachside entertainment, and a whole day dedicated to honouring our Armed Forces community, this is one event you won’t want to miss.
Source: Czech National Bank
The Czech financial sector is stable and resilient to potential adverse effects, according to the conclusions of the Czech National Bank (CNB) Bank Board’s financial stability meeting today. In addition to domestic risks related to mortgage lending and the financial cycle, the Bank Board assessed risks stemming from global economic developments.
The Czech economy is in the growth phase of the financial cycle. “Transaction activity on the mortgage market is returning to its long-term average, and growth in residential property prices has picked up considerably. We therefore still consider it necessary to leave the LTV limit at 80% (or 90% for applicants under 36 years),” said CNB Bank Board member Jakub Seidler following the Bank Board meeting on financial stability issues today. The DTI and DSTI ratios remain deactivated, as banks are not easing credit standards for mortgage loans across the board for the time being, and the related systemic risks are not increasing.
The Bank Board also evaluated the resilience of the banking sector in the context of domestic and global economic developments and decided to leave the countercyclical capital buffer rate at 1.25%. In its decision, it took into account the level of cyclical risks in the sector’s balance sheet. The CNB expects these risks to increase slightly over the outlook horizon of the spring forecast, but the current buffer rate is sufficient to cover this increase. “Potential adverse developments in the global economy and uncertainties in international trade may increase some structural risks in the Czech economy, so the banking sector’s resilience should continue to be strengthened using the systemic risk buffer, which has been applied at 0.5% since 1 January 2025,” said Jakub Seidler.
The banking sector is well capitalised. As a whole, it passed a stress test based on an adverse scenario used by the European Banking Authority to test the EU banking sector in 2025. “The profitability, capital buffers and asset quality of the banking sector create favourable conditions for absorbing the shocks considered in the stress test,” said Libor Holub, Executive Director of the CNB’s Financial Stability and Resolution Department.
In its Financial Stability Report, the CNB regularly assesses the soundness of the domestic financial sector and its resilience to adverse shocks. The report forms the foundation for configuring macroprudential policy tools, in particular bank capital buffers and borrower-based measures. The CNB will publish the latest Financial Stability Report – Spring 2025 on 23 June 2025. The minutes of today’s Bank Board meeting on financial stability issues, including the votes cast by the individual Bank Board members on macroprudential policy measures and also attributed arguments, will be published the same day.
Jakub Holas
Director, Communications Division
Notes for journalists:
Financial stability has been a key objective of the Czech National Bank alongside price stability since 2013. Maintaining financial stability is defined in Act No 6/1993 Coll., on the Czech National Bank. The Act requires the CNB to set macroprudential policy by identifying, monitoring and assessing risks jeopardising the stability of the financial system and, in order to prevent or mitigate these risks, to contribute by means of its powers to the resilience of the financial system and the maintenance of financial stability. Since the second half of 2021, the CNB has had the statutory power to set upper limits on the LTV, DTI and DSTI ratios (borrower-based measures). Compliance with the limits must be legally binding in order to ensure a level playing field on the market.
The Bank Board discusses financial stability issues twice a year – in the spring in May or June, and in the autumn in November. The aim of the Financial Stability Report is to identify the risks to the financial stability of the Czech Republic in the near future on the basis of previous and expected developments in the real economy and the financial system.
The main macroprudential policy tools applied in the Czech Republic are the countercyclical capital buffer (CCyB), the capital conservation buffer (CCoB), the capital buffer for other systemically important institutions (O-SIIs) set only for systemically important banks, the systemic risk buffer, upper limits on the LTV, DTI and DSTI credit ratios set for all mortgage lenders, and the Recommendation on the management of risks associated with the provision of consumer loans secured by residential property.
Countercyclical capital buffer (CCyB) – This instrument is aimed at increasing the resilience of the banking sector to risks associated with fluctuations in lending activity. The CCyB should enable banks to lend to households and firms even at a time of recession or financial instability.
Systemic risk buffer (SyRB) – This buffer is intended to mitigate the potential impacts of systemic risks identified on the financial system and the real economy. If their level poses a risk to financial stability, the application of the SyRB enhances the capitalisation of the banking sector and increases its resilience to adverse shocks. At the same time, it may help reduce the growth or concentration of the relevant exposures in banks’ balance sheets, although this is not its primary purpose.
Capital conservation buffer (CCoB) – This instrument is aimed at preserving a bank’s capital. Under the Act on Banks, all banks are obliged to maintain this buffer. The CCoB rate is 2.5% and does not change over time.
Capital buffer for other systemically important institutions (O-SIIs) – This instrument is aimed at mitigating risks connected with the potential destabilisation of systemically important institutions, which could have significant adverse effects on the financial system and the economy as a whole. The CNB is required to draw up a list of O-SIIs and calibrate the buffer for individual O-SIIs at least once a year.
Combined capital buffer – the sum of the capital conservation buffer (CCoB), the countercyclical capital buffer (CCyB), the systemic risk buffer (SyRB) and the capital buffer for other systemically important institutions (O-SII).
LTV (loan-to-value) – the ratio of the value of a mortgage loan to the value of collateral.
DTI (debt-to-income) – the ratio of the applicant’s total debt to their net annual income.
DSTI (debt-service-to-income) – the ratio of the sum of the applicant’s monthly repayments to their net monthly income.
Source: European Union 2
The EU has changed the level of protection of the wolf from “strictly protected” to “protected” to give EU countries more flexibility in managing wolf populations. The estimated population of wolves on the European continent almost doubled between 2012 and 2023 to more than 20 000.
Source: Government of India
Source: Government of India (4)
Indian maritime companies have made significant strides at Nor-Shipping 2025 in Oslo, signing key agreements with global players to boost shipbuilding, green technology, and knowledge partnerships, reinforcing India’s maritime prowess and the “Make in India” initiative. Union Minister of Ports, Shipping & Waterways, Sarbananda Sonowal, attended the Memorandum of Understanding (MoU) and Memorandum of Intent (MoI) signing ceremonies, highlighting the deepening collaboration between India and global maritime leaders.
A notable MoI was signed between Garden Reach Shipbuilders & Engineers Ltd (GRSE), Kolkata, and Germany’s Carsten Rehder Schiffsmakler und Rehder GmbH & Co. KG for the construction of four additional 7,500 DWT multi-purpose vessels with hybrid propulsion and advanced cybersecurity features. This deal supplements an existing order of eight such vessels currently under construction at GRSE’s Kolkata yard. GRSE also inked MoUs with UAE-based Aries Marine LLC for collaboration on offshore platforms and vessels, and with a global engine manufacturer to further technological advancements.
Additionally, India’s Larsen & Toubro (L&T) signed an MoU with Norway’s DNV, covering cooperation in shipbuilding, offshore and maritime infrastructure, port development, energy systems, industrial solutions, smart infrastructure, sustainability, ESG, risk services, cybersecurity, and digital solutions.
Speaking at the Norwegian Pavilion, Union Minister Sonowal emphasized the strong maritime ties between India and Norway, rooted in shared values and a commitment to sustainable development. “Norway has long been a valued partner of India. As two proud maritime nations, we understand that the future of the blue economy hinges on sustainable, inclusive, and resilient growth,” he said. “These MoUs, including those with Norwegian companies, deepen our commitment to collaborate in the maritime sector.”
Sonowal highlighted India’s transformative maritime initiatives under Prime Minister Narendra Modi’s leadership, including the Sagarmala program, which focuses on modernizing port infrastructure, enhancing multimodal logistics, and promoting port-led industrial growth. He underscored the push for green ports and low-emission shipping, noting opportunities for collaboration in offshore wind energy, maritime digitalization, and sustainable port development. “Together, we can contribute to a sustainable and secure Indo-Pacific maritime ecosystem,” he added.
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
TIANJIN, June 5 (Xinhua) — In the industrial city of Tianjin, north China, employees of startup Tianjin Battery Technology are refurbishing failed electric vehicle batteries with a combination of skilled technicians and automated systems.
The development illustrates the huge business opportunity opening up in China as authorities in the world’s largest electric vehicle market aim to turn waste batteries from a pollution problem into a key asset in its “green revolution.”
A startup at the forefront of the country’s sustainable development economy is targeting this rapidly growing sector.
This market segment is poised for significant growth as China continues to lead the world in the production and sale of new energy vehicles. In addition, the growing number of end-of-life batteries is increasing demand for green solutions.
By the end of 2024, there were 31.4 million new electric vehicles in the country, or about 9 percent of the country’s total car fleet. Following the government-initiated trade-in campaign, consumer interest in upgrading their cars has increased dramatically, which in turn has further expanded the recycling market.
China’s Ministry of Industry and Information Technology has required passenger car manufacturers to provide an eight-year or 120,000-km warranty on key components such as batteries since 2016.
Market forecasts indicate that the volume of discarded batteries in China will reach 1.04 million tons in 2025, and this figure could rise to 3.5 million tons by 2030.
UNLOCKING POTENTIAL
Ma Yuwei, 40, works as a production materials control manager in the engineering equipment department at Tianjin Battery Technology. He supervises the dismantling of battery packs and modules. In his opinion, these seemingly “disused” batteries are a treasure trove.
The firm reuses some of the dismantled components to repair used cars. Crushing the batteries produces copper and aluminum, and the black powder is processed into lithium carbonate suitable for use in batteries.
“In our words, we need to squeeze every last drop of juice out of failed batteries,” he notes.
With nearly 20 years of experience and the significant growth potential in the digital electronics and battery manufacturing industries, he accepted the offer to take on this position three years ago.
Tianjin Battery Technology’s battery processing capacity has reached 10,000 tons per year, achieving a lithium recovery rate of over 90 percent.
“China relies heavily on imported lithium, cobalt and nickel,” said Ke Yanchun of newly established state-owned China Resources Recycling Group Co., Ltd.
“The recycling of used batteries effectively reduces the country’s high dependence on imported resources in the production of vehicles using new energy sources,” he emphasized.
TECHNOLOGICAL ORIENTATION
China’s battery recycling sector suffers from small, unregulated workshops. Industry leaders are using technological innovation to improve efficiency and restructure the production chain.
China’s major EV battery maker GEM, which is listed on the Shenzhen Stock Exchange, uses a flexible, intelligent dismantling system for precise detection and sorting. Its recycling innovations include high- and low-temperature catalytic activation and ultra-precise lithium extraction, achieving lithium recovery rates of over 90 percent.
The company has also developed a digital lifecycle management system for batteries to track them from recycling to disposal, supporting its dual-track business model.
The company has built a circular economy industrial park in the Shenshan Special Cooperation Zone, which is just 1 km from the production lines of BYD, the country’s leading electric vehicle maker.
GEM currently operates more than 140 battery recycling stations across the country and cooperates with more than 750 vehicle and battery manufacturers and operators worldwide. In the first quarter of this year, the company recycled 10,800 tons of batteries, up 37 percent year-on-year.
At Tianjin Battery Technology, Ma Yuwei and his colleagues have improved battery dismantling efficiency by 75 percent using modified tools. Using techniques such as cutting and welding, they have transformed standard tools to meet the complex requirements of battery dismantling.
“This simple innovation had a significant impact,” the manager noted.
EXPANSION ABROAD
As China’s share of the global EV market continues to grow, battery recycling companies are also expanding their international presence to comply with local environmental regulations.
CATL, the world’s largest battery maker, plans to establish a battery recycling facility in Europe, with the renovation of its Hungarian plant scheduled for completion in 2026. The initiative is part of the company’s efforts to address environmental issues in battery production and recycling.
GEM has established 7 battery recycling centers, including in the Republic of Korea and Indonesia.
Gotion High-tech in Hefei, capital of Anhui Province, east China, and Envision Greenwise in Hong Kong have signed a strategic cooperation agreement and plan to jointly build 100 battery recycling and after-sales service centers around the world.
In addition, Jiaxing-based Huayou Recycling, located in east China’s Zhejiang Province, has entered into a strategic partnership with SUEZ Group, one of Europe’s largest environmental services corporations, to explore the French battery recycling market. -0-
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 5 (Xinhua) — Uzbek tourist Mirakbar Usmanov was recently given a tax refund of over 500 yuan on his purchase of a mobile phone and other goods at a shopping mall in Urumqi, northwest China’s Xinjiang Uygur Autonomous Region. This is the first time that Xinjiang has implemented a tax refund model for foreign tourists upon purchase rather than upon exiting the country, the Urumqi Evening newspaper reported.
As of the end of May 2025, 23 retail outlets in Xinjiang have been approved to provide value-added tax (VAT) refund services to foreign visitors upon purchase, according to local tax authorities.
In April of this year, the Chinese authorities announced a set of measures to further optimize the relevant policy. Thanks to the innovation, money can now be returned instantly after making a purchase, whereas previously it was only possible upon leaving the country.
After presenting his passport, filling out a foreign buyers refund application form and pre-authorizing his credit card at the aforementioned shopping center, Mirakbar Usmanov paid for his purchases with his card and received his refund immediately.
Under the new measures, the minimum purchase amount for tax refund has been lowered. Now, overseas travelers can apply for tax refunds by spending at least 200 yuan (about $27.83) at the same store in one day, provided they meet other requirements, according to a notice jointly released by the Ministry of Commerce and five other departments.
The circular also outlines measures to increase the number of tax refund points, expand the supply of goods and improve the quality of services provided. Thus, the opening of such points in large shopping areas, pedestrian streets, tourist sites, resort areas, cultural centers, airports, passenger transportation points and hotels is encouraged.
In addition, the range of products offered is expected to expand, especially branded products, consumer goods popular in the country, smart devices, intangible cultural heritage products, handicrafts and other products.
According to observations by Xinjiang shopping mall operators, smartphones, smart home appliances, drones, branded watches, shoes, clothes and space vehicles are the most popular purchase choices among foreign tourists visiting Xinjiang.
According to industry experts, Urumqi, the capital of Xinjiang, may well become the first choice for Central Asians looking to visit China for shopping, due to its geographical proximity and the ongoing implementation of the exit tax refund policy.
Let us recall that Xinjiang borders eight countries, including Kazakhstan, Kyrgyzstan and Tajikistan.
According to statistics, from May 1 to May 21, the inbound foreign passenger flow at Urumqi Tianshan Airport increased by 75.7 percent year-on-year and exceeded 8,900 person-times, accounting for about 14.47 percent of the country’s total. Broken down by country, the largest share was from citizens of Kazakhstan, Uzbekistan, Russia, Tajikistan and other countries. -0-
Source: GlobeNewswire (MIL-OSI)
London, UK, June 05, 2025 (GLOBE NEWSWIRE) — London, UK – June 2025 — JAMining, a cloud mining platform regulated by the UK Financial Conduct Authority (FCA), has officially announced the launch of its next-generation crypto mining ecosystem: Cloud Power 2025. This forward-thinking initiative aims to make cryptocurrency mining more accessible, energy-efficient, and financially rewarding than ever before.
As the cryptocurrency industry moves towards greater scalability and environmental accountability, JAMining is setting a new benchmark by combining FCA-compliant operations, green energy infrastructure, and automated earning mechanisms. The result? A user-friendly platform that allows individuals to mine digital assets such as Bitcoin, XRP, Ethereum, and Dogecoin — without owning hardware or technical expertise.
A Smarter Way to Mine: Sustainable, Scalable, Secure
Cloud Power 2025 is built upon JAMining’s proprietary cloud infrastructure, powered by renewable solar and wind energy sources. This not only reduces the environmental footprint of mining but also significantly lowers operational costs, allowing users to receive higher daily returns.
“Cloud mining should not only be profitable, it should be sustainable, transparent, and accessible to everyone,” said a JAMining spokesperson. “We’re proud to be one of the few mining platforms that combine strong regulatory oversight with cutting-edge renewable technology.”
How It Works: One Click to Passive Crypto Earnings
Once registered, users select a mining contract and activate it with cryptocurrency payment. From that point forward, JAMining’s automated system begins generating daily income that is credited directly to the user’s account. The platform handles all backend operations — from server maintenance to hash power distribution — with full transparency and real-time reporting.
Example Profitability Table
Returns are estimates based on current blockchain conditions and are subject to market fluctuation.
Affiliate Program: Earning Beyond Mining
JAMining also announced enhancements to its affiliate program as part of the Cloud Power 2025 rollout. Users can earn lifetime commissions by referring others to the platform. The referral structure is non-hierarchical and transparent, allowing participants to scale their earnings alongside the community’s growth.
“We believe in empowering users not just to mine, but to build income ecosystems,” the company stated. “Our affiliate program is about sharing opportunity, not just traffic.”
FCA Regulation & Global Transparency
Unlike many offshore crypto mining schemes, JAMining is fully registered and regulated in the United Kingdom under the Financial Conduct Authority (FCA). This regulatory oversight ensures anti-money laundering compliance, user fund protection, and ethical operations.
All user funds are secured through encrypted wallet infrastructure, and the platform’s uptime is maintained by distributed global data centers to ensure maximum resilience.
A Vision Beyond 2025
JAMining’s roadmap includes multi-token staking options, smart mining automation, and continued development of its renewable-powered server clusters. By combining regulation, sustainability, and profitability, the company hopes to set a long-term industry standard.
For those seeking a reliable, transparent, and forward-looking way to participate in the blockchain economy, JAMining offers a compelling model.
To learn more or register, visit:https://jamining.info
Press Contact:info@jamining.com
JAMining — Cloud Power 2025. One click. Real income. Sustainable future.
Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or trading recommendations. Cryptocurrency mining and staking involve risks and the possibility of losing funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.
Source: Apple
Headline: Global App Store helps developers reach new heights
June 5, 2025
UPDATE
Global App Store helps developers reach new heights, supporting $1.3 trillion in billings and sales in 2024
For more than 90 percent of the billings and sales facilitated by the App Store ecosystem, developers did not pay any commission to Apple
Apple today announced the global App Store ecosystem facilitated $1.3 trillion in developer billings and sales in 2024, according to a new study by economists Professor Andrey Fradkin from Boston University Questrom School of Business and Dr. Jessica Burley from Analysis Group. For more than 90 percent of the billings and sales facilitated by the App Store ecosystem, developers did not pay any commission to Apple.
“It’s incredible to see so many developers design great apps, build successful businesses, and reach Apple users around the world,” said Tim Cook, Apple’s CEO. “This report is a testament to the many ways developers are enriching people’s lives with app and game experiences, while creating opportunity and driving new innovations. We’re proud to support their success.”
Developers Experience Global Growth Across the App Store
The new study by Professor Fradkin and Dr. Burley highlights how developers on the App Store have more ways than ever to monetize their apps. The study found that in 2024, developer billings and sales for digital goods and services totaled $131 billion, driven by games, photo and video editing apps, and enterprise tools. Sales of physical goods and services exceeded $1 trillion, fueled by rising demand for online food delivery and pickup, as well as grocery orders. In-app advertising revenue from ads placed by developers in their apps was $150 billion.
Since 2019, spending across all three categories — digital goods and services, physical goods and services, and in-app advertising — has more than doubled. Physical goods and services experienced the strongest growth (+2.6x), driven in particular by rapid increases in food delivery and pickup, and grocery spending. Growth in digital goods and services reflects continued demand for games and increased spending on apps that support content creation, such as photo and video editing apps. Meanwhile, in-app advertising has helped keep many apps free or low-cost for users. And the App Store continues to be a global launchpad for innovation, with AI-powered apps increasingly shaping users’ daily lives.
Regional Growth Trends Around the World
The App Store’s engine of commerce provides developers with a global distribution platform that allows them to reach users around the world, attracting over 813 million average weekly visitors worldwide. The study found that over the last five years in particular, billings and sales facilitated by the App Store ecosystem more than doubled in the U.S., China, and Europe. Spending on digital goods and services, physical goods and services, and in-app advertising grew across all regions during that period.
Digital payment spending grew over seven-fold in the U.S. since 2019 as mobile payments have become commonplace. In China, e-commerce marketplaces expanded substantially and online grocery spending grew over five-fold since 2019. Food delivery and pickup spending more than tripled in Europe, outpacing the growth in already popular categories like general retail and travel. In Japan, Australia, New Zealand, and India, travel apps were major spending categories.
In the last five years, user spending on apps that support digital content creation have seen a steady increase. As a result, photo and video editing apps like Adobe creative tools have found tremendous success and have increasingly introduced new features to empower creative professionals, creators, and hobbyists. Earlier this year, Adobe introduced a new Photoshop app on iPhone designed for image and design enthusiasts with an easy-to-use mobile interface. Adobe Lightroom was also recognized as Apple’s 2024 Mac App of the Year as part of the App Store Awards for its high-quality photo editing and powerful AI-powered editing advancements on Mac, iPhone, and iPad.
Apple’s Investment in Developers
Apple invests in tools and capabilities that make it easier for developers to distribute their apps and games, be discovered by users around the globe, and grow successful businesses. For example, the App Store’s commerce system supports developers with more than 40 local currencies and provides seamless tax handling in nearly 200 regions, while enabling developers to set prices, manage subscriptions, and more.
Developers also benefit from a suite of tools and technologies — including services to develop and test their apps through Xcode and TestFlight, monitor app performance and benchmarks through App Analytics, and improve performance with tools like Product Page Optimization — along with opportunities and resources to promote their app. At the same time, Apple’s integrated payment system helps protect users from fraud and abuse; in the last five years, the App Store has protected users by preventing over $9 billion in fraudulent transactions.
Apple also offers developers a variety of online and in-person programs to empower them to elevate their apps, including Meet with Apple sessions, appointments, and labs, and 24/7 access to Apple Support via phone and email in nine languages. Apple Developer Centers in the U.S., China, India, and Singapore have hosted tens of thousands of developers in the last year. The centers serve as home to year-round activities, offering supportive environments for teams to improve their apps through more than 250,000 APIs, including as part of frameworks such as HealthKit, Metal, Core ML, MapKit, and SwiftUI.
Through a full, free curriculum for future professional developers, Apple Developer Academies in Brazil, Indonesia, Italy, Saudi Arabia, South Korea, and the U.S. help students build foundational skills in coding, AI, design, and marketing. Separately, more than 20 Apple Foundation Programs provide students of all levels with the fundamentals of app development through four-week intensive courses that are available across Apple’s 18 developer academies around the world.
Resources like Pathways and Apple Developer Forums are available to better connect developers within the community and help them easily access tools, documentation, and videos to create their best products on Apple’s platforms. Developers can share feedback, request enhancements, or report bugs at any time with the Feedback Assistant app or on the web.
Next week during Apple’s annual Worldwide Developers Conference, developers from every part of the globe will have free access to more than 100 technical sessions, diving deep into the latest technologies and frameworks with Apple experts. Developers will also be able to access guides and documentation that can help walk them through the conference’s biggest announcements and stay up to date with the conference across the Apple Developer website, app, YouTube channel and Apple Developer WeChat. Apple Developer Program members and Apple Developer Enterprise Program members will also have a chance to connect directly with Apple experts through online group labs and one-on-one lab appointments.
Press Contacts
Apple Media Helpline
Source: The Conversation – Canada – By Veena D. Dwivedi, Director – Centre for Neuroscience; Professor – Psychology | Neuroscience, Brock University
As meaning-makers, we use spoken or signed language to understand our experiences in the world around us. The emergence of generative artificial intelligence such as ChatGPT (using large language models) call into question the very notion of how to define “meaning.”
One popular characterization of AI tools is that they “understand” what they are doing. Nobel laureate and AI pioneer Geoffrey Hinton said: “What’s really surprised me is how good neural networks are at understanding natural language — that happened much faster than I thought…. And I’m still amazed that they really do understand what they’re saying.”
Hinton repeated this claim in an interview with Adam Smith, chief scientific officer for Nobel Prize Outreach. In it, Hinton stated that “neural nets are much better at processing language than anything ever produced by the Chomskyan school of linguistics.”
Chomskyan linguistics refers to American linguist Noam Chomsky’s theories about the nature of human language and its development. Chomsky proposes that there is a universal grammar innate in humans, which allows for the acquisition of any language from birth.
I’ve been researching how humans understand language since the 1990s, including more than 20 years of studies on the neuroscience of language. This has included measuring brainwave activity as people read or listen to sentences. Given my experience, I have to respectfully disagree with the idea that AI can “understand” — despite the growing popularity of this belief.
First, it’s unfortunate that most people conflate text on a screen with natural language. Written text is related to — but not the same thing as — language.
For example, the same language can be represented by vastly different visual symbols. Look at Hindi and Urdu, for instance. At conversational levels, these are mutually intelligible and therefore considered the same language by linguists. However, they use entirely different writing scripts. The same is true for Serbian and Croatian. Written text is not the same thing as “language.”
Next let’s take a look at the claim that machine learning algorithms “understand” natural language. Linguistic communication mostly happens face-to-face, in a particular environmental context shared between the speaker and listener, alongside cues such as spoken tone and pitch, eye contact and facial and emotional expressions.
There is a lot more to understanding what a person is saying than merely being able to comprehend their words. Even babies, who are not experts in language yet, can comprehend context cues.
Take, for example, the simple sentence: “I’m pregnant,” and its interpretations in different contexts. If uttered by me, at my age, it’s likely my husband would drop dead with disbelief. Compare that level of understanding and response to a teenager telling her boyfriend about an unplanned pregnancy, or a wife telling her husband the news after years of fertility treatments.
In each case, the message recipient ascribes a different sort of meaning — and understanding — to the very same sentence.
In my own recent research, I have shown that even an individual’s emotional state can alter brainwave patterns when processing the meaning of a sentence. Our brains (and thus our thoughts and mental processes) are never without emotional context, as other neuroscientists have also pointed out.
So, while some computer code can respond to human language in the form of text, it does not come close to capturing what humans — and their brains — accomplish in their understanding.
It’s worth remembering that when workers in AI talk about neural networks, they mean computer algorithms, not the actual, biological brain networks that characterize brain structure and function. Imagine constantly confusing the word “flight” (as in birds migrating) versus “flight” (as in airline routes) — this could lead to some serious misunderstandings!
Finally, let’s examine the claim about neural networks processing language better than theories produced by Chomskyan linguistics. This field assumes that all human languages can be understood via grammatical systems (in addition to context), and that these systems are related to some universal grammar.
Chomsky conducted research on syntactic theory as a paper-and-pencil theoretician. He did not conduct experiments on the psychological or neural bases of language comprehension. His ideas in linguistics are absolutely silent on the mechanisms underlying sentence processing and understanding.
What the Chomskyan school of linguistics does do, however, is ask questions about how human infants and toddlers can learn language with such ease, barring any neurobiological deficits or physical trauma.
There are at least 7,000 languages on the planet, and no one gets to pick where they are born. That means the human brain must be ready to comprehend and learn the language of their community at birth.
From this fact about language development, Chomsky posited an (abstract) innate module for language learning — not processing. From a neurobiological standpoint, the brain has to be ready to understand language from birth.
While there are plenty of examples of language specialization in infants, the precise neural mechanisms are still unknown, but not unknowable. But objects of study become unknowable when scientific terms are misused or misapplied. And this is precisely the danger: conflating AI with human understanding can lead to dangerous consequences.
Veena D. Dwivedi receives funding from the Canada Foundation for Innovation, the Social Sciences and Humanities Research Council of Canada, and Brock University.
– ref. A neuroscientist explains why it’s impossible for AI to ‘understand’ language – https://theconversation.com/a-neuroscientist-explains-why-its-impossible-for-ai-to-understand-language-246540
Source: The Conversation – USA – By Thomas Holt, Professor of Criminal Justice, Michigan State University
Every year, massive data breaches harm the public. The targets are email service providers, retailers and government agencies that store information about people. Each breach includes sensitive personal information such as credit and debit card numbers, home addresses and account usernames and passwords from hundreds of thousands – and sometimes millions – of people.
When National Public Data, a company that does online background checks, was breached in 2024, criminals gained the names, addresses, dates of birth and national identification numbers such as Social Security numbers of 170 million people in the U.S., U.K. and Canada. The same year, hackers who targeted Ticketmaster stole the financial information and personal data of more than 560 million customers.
As a criminologist who researches cybercrime, I study the ways that hackers and cybercriminals steal and use people’s personal information. Understanding the people involved helps us to better recognize the ways that hacking and data breaches are intertwined. In so-called stolen data markets, hackers sell personal information they illegally obtain to others, who then use the data to engage in fraud and theft for profit.
Every piece of personal data captured in a data breach – a passport number, Social Security number or login for a shopping service – has inherent value. Offenders can use the information in different ways. They can assume someone else’s identity, make a fraudulent purchase or steal services such as streaming media or music.
The quantity of information, whether Social Security numbers or credit card details, that can be stolen through data breaches is more than any one group of criminals can efficiently process, validate or use in a reasonable amount of time. The same is true for the millions of email account usernames and passwords, or access to streaming services that data breaches can expose.
This quantity problem has enabled the sale of information, including personal financial data, as part of the larger cybercrime online economy.
eg: In headline of the following chart, U.S. doesn’t need periods.
The sale of data, also known as carding, references the misuse of stolen credit card numbers or identity details. These illicit data markets began in the mid-1990s through the use of credit card number generators used by hackers. They shared programs that randomly generated credit card numbers and details and then checked to see whether the fake account details matched active cards that could then be used for fraudulent transactions.
As more financial services were created and banks allowed customers to access their accounts through the internet, it became easier for hackers and cybercriminals to steal personal information through data breaches and phishing. Phishing involves sending convincing emails or SMS text messages to people to trick them into giving up sensitive information such as logins and passwords, often by clicking a false link that seems legitimate.
One of the first phishing schemes targeted America Online users to get their account information to use their internet service at no charge.
The large amount of information criminals were able to steal from such schemes led to more vendors offering stolen data to others through different online platforms.
In the late 1990s and early 2000s, offenders used Internet Relay Chat, or IRC channels, to sell data. IRC was effectively like modern instant messaging systems, letting people communicate in real time through specialized software. Criminals used these channels to sell data and hacking services in an efficient place.
In the early 2000s, vendors transitioned to web forums where individuals advertised their services to other users. Forums quickly gained popularity and became successful businesses with vendors selling stolen credit cards, malware and related goods and services to misuse personal information and enable fraud.
One of the more prominent forums from this time was ShadowCrew, which formed in 2002 and operated until being taken down by a joint law enforcement operation in 2004. Their members trafficked over 1.7 million credit cards in less than three years.
Forums continue to be popular, though vendors transitioned to running their own web-based shops on the open internet and dark web, which is an encrypted portion of the web that can be accessed only through specialized browsers like TOR, starting in the early 2010s. These shops have their own web addresses and distinct branding to attract customers, and they work in the same way as other e-commerce stores. More recently, vendors of stolen data have also begun to operate on messaging platforms such as Telegram and Signal to quickly connect with customers.
Many of the people who supply and operate the markets appear to be cybercriminals from Eastern Europe and Russia who steal data and then sell it to others. Markets have also been observed in Vietnam and other parts of the world, though they do not get the same visibility in the global cybersecurity landscape.
The customers of stolen data markets may reside anywhere in the world, and their demands for specific data or services may drive data breaches and cybercrime to provide the supply.
Stolen data is usually available in individual lots, such as a person’s credit or debit card and all the information associated with the account. These pieces are individually priced, with costs differing depending on the type of card, the victim’s location and the amount of data available related to the affected account.
Vendors frequently offer discounts and promotions to buyers to attract customers and keep them loyal. This is often done with credit or debit cards that are about to expire.
Some vendors also offer distinct products such as credit reports, Social Security numbers and login details for different paid services. The price for pieces of information varies. A recent analysis found credit card data sold for US$50 on average, while Walmart logins sold for $9. However, the pricing can vary widely across vendors and markets.
Vendors typically accept payment through cryptocurrencies such as Bitcoin that are difficult for law enforcement to trace.
Once payment is received, the vendor releases the data to the customer. Customers take on a great deal of the risk in this market because they cannot go to the police or a market regulator to complain about a fraudulent sale.
Vendors may send customers dead accounts that are unable to be used or give no data at all. Such scams are common in a market where buyers can depend only on signals of vendor trust to increase the odds that the data they purchase will be delivered, and if it is, that it pays off. If the data they buy is functional, they can use it to make fraudulent purchases or financial transactions for profit.
The rate of return can be exceptional. An offender who buys 100 cards for $500 can recoup costs if only 20 of those cards are active and can be used to make an average purchase of $30. The result is that data breaches are likely to continue as long as there is demand for illicit, profitable data.
This article is part of a series on data privacy that explores who collects your data, what and how they collect, who sells and buys your data, what they all do with it, and what you can do about it.
Thomas Holt does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.
– ref. How illicit markets fueled by data breaches sell your personal information to criminals – https://theconversation.com/how-illicit-markets-fueled-by-data-breaches-sell-your-personal-information-to-criminals-251586
Source: US State of Arkansas
LITTLE ROCK, Ark. – Governor Sarah Huckabee Sanders released the following statement today announcing her overseas trade mission to the Paris Air Show and Switzerland from June 14 to 19:
“After the success of my first visit to the Paris Air Show in 2023 and Farnborough Airshow in 2024, during which we secured investments from aerospace and defense giants like Dassault Falcon Jet and RTX, I am excited that I will be representing Arkansas again this year. I will begin in Normandy, paying tribute to our fallen soldiers shortly after the 81st anniversary of D-Day, before continuing onto the Paris Air Show to meet with major aerospace and defense companies, and then concluding the trip in Switzerland to discuss investing in Arkansas with several large corporations. International trade missions are a great way to pitch Arkansas to companies that might not otherwise have our state on their radar and have a proven track record of bringing in jobs and investment.”
The Governor’s trip will include appearances on a panel at the Air Show hosted by the Aerospace Industries Association and a fireside chat hosted by the Swiss-American Chamber of Commerce. She will also pay tribute to Arkansans including U.S. Army Private Rodger D. Andrews, who is memorialized at the Normandy American Cemetery’s Wall of the Missing and whose remains were only recently identified and who will be laid to rest in Arkansas on June 9.
During the Governor’s previous trip to the Paris Air Show, her discussions helped facilitate Dassault Falcon Jet’s $100 million, 800 job expansion in Little Rock and RTX’s new, $33 million manufacturing facility in East Camden, which was later expanded to a $63 million investment. The Governor’s trip to the Farnborough Airshow last summer helped secure Taber Extrusions’ $60 million, 70 job expansion in Russellville.
###
Source: European Union 2
The ocean shapes our economies, our food systems, even the air we breathe. To better protect our ocean, the Commission has adopted a European Ocean Pact, which will help to promote a thriving blue economy and support the well-being of people living in coastal areas.
This Ocean Pact brings together EU ocean policies under one single and coordinated framework. It will do so through a collaborative approach between EU countries, regions, and stakeholders, including fishers, innovators, investors, scientists, and civil society. Six priority areas for action will define this work, namely
The European Ocean Pact will be complemented by an ocean act by 2027, which will help to ensure the implementation of the priorities of the pact. An EU Ocean Pact dashboard will be used to track progress.
For more information
Source: Scottish Greens
A direct connection to mainland Europe would be a positive boost to Scotland.
The First Minister has been urged to take action on “Brexit bureaucracy” and work to reinstate a direct ferry service between Scotland and mainland Europe.
Scottish Greens MSP Mark Ruskell has been in discussions with Transport Cabinet Secretary Fiona Hyslop to see a ferry service in operation between Rosyth and Dunkirk, creating a direct route for freight and passengers from Scotland.
There is a willingness from the Westminster Government to support actions needed to get the ferry service running, but so-called “Brexit bureaucracy” over border control ports need to be agreed upon.
Speaking at First Minister’s Questions today, Mr Ruskell asked:
“To ask the First Minister what actions the Scottish Government is taking to secure a direct ferry route between Scotland and France?”
First Minister John Swinney said his government is determined to support action to make this ferry route possible, and that he believes Scotland’s future is in the European Union.
In his second question, Mr Ruskell asked:
“Well, can I thank the First Minister for that response. I absolutely welcome the engagement with the cabinet secretary earlier in the week.
“It’s absolutely clear that a direct ferry service between Rosyth and Dunkirk would be a great win for the economy and the environment. It would be wonderful news for all of us who cherish our connections with the rest of Europe.
“I understand the ferry operators, DFDS, want to move forward to start sailing in spring next year. Forth Ports around Rosyth want progress. The Port of Dunkirk have bought in. And the Westminster government is also supportive.
“The only thing that is getting in the way, First Minister, is Brexit bureaucracy around the location of a border control post. Time is ticking.
“A resolution needs to be found by the end of June to secure the service, First Minister.
“Are you able to take the lead, to convene stakeholders and to resolve these remaining issues and get this over the line?”
Speaking after FMQ’s, Mr Ruskell said:
“We are within touching distance of connecting Fife to France through a direct ferry service, but Brexit Bureaucracy is getting in the way.
“I’m pleased that both the First Minister and the Cabinet Secretary have agreed to lead talks to resolve the issue of a Border Control Post but time is ticking and operators need certainty by the end of this month.
“For years people have been waiting for the Rosyth ferry to come back, it needs to happen by Spring 2026, stakeholders need the certainty that any fix in the regulations can be delivered in time.”
Translation. Region: Russian Federal
Source: State University of Management – Official website of the State –
On June 5, Vladimir Stroyev, Rector of the State University of Management, took part in a press conference dedicated to the IV season of the educational and tourist project “University Shifts” to be held from June to September 2025.
Deputy Minister of Science and Higher Education of the Russian Federation Olga Petrova spoke about further plans for the development of the project:
“Next year, we are planning a closer integration of shifts with national projects and an expansion of participation opportunities for children from Russian territories, because they also want to join universities.”
The Deputy Minister also stressed the importance of involving university students as camp counselors, as this contributes to a deeper understanding of what has happened and is happening in new territories.
Rector of the State University of Management Vladimir Stroev noted the changes that have occurred over the years in the mood of the shift participants:
“We are proud that our university has been participating in the project from the very beginning. Thanks to Olga Petrova, who comes to visit every shift, the “Movement of the First” and the “Knowledge” society, with whom we have been closely cooperating for a long time and implementing joint thematic projects. It all started out difficult. In 2022, the guys came with different moods, we had to work a lot with them psychologically. Last year, the participants already had a different atmosphere, the complexity of interaction of the first years was gone. These are already our citizens who are interested in the history of their country.”
Vladimir Stroyev also recalled that in 2025, the State University of Management will hold three shifts: cultural and educational, educational, where students will learn about the university’s educational programs, and entrepreneurial.
The press conference was also attended by Deputy Director of the Department for Integration of the National Education System and International Cooperation of the Ministry of Education of Russia Pavel Belokon, Deputy Chairperson of the Board of the All-Russian Public-State Movement of Children and Youth “Movement of the First” Sonya Pogosyan, Deputy General Director of the Russian Society “Knowledge” Irina Karikh and Vice-Rector for Work with Students of the Peoples’ Friendship University of Russia named after Patrice Lumumba Mikhail Katsarsky.
Let us recall that “University Shifts” is a project that helps schoolchildren and students see the structure of universities from the inside and get acquainted with the educational program and opportunities of higher education institutions. In 2025, about 90 universities from all over the country are waiting for the guys.
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.
Source: GlobeNewswire (MIL-OSI)
ATHENS, Greece, June 05, 2025 (GLOBE NEWSWIRE) — TOP Ships Inc. (the “Company” or “TOP Ships”) (NYSE American:TOPS), an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced today that the NYSE American (the “NYSE”) has established an ex-distribution date for the previously-announced proposed spin-off of two of its Suezmax tanker vessels.
Rubico Inc. (“Rubico”), currently a subsidiary of TOP Ships, would become an independent publicly-traded company listed on the Nasdaq Capital Market as a result of the planned spin-off. The initial assets of Rubico will be the M/T Eco Malibu and M/T Eco West Coast, each a modern, high specification, scrubber-fitted and fuel-efficient 157,000 dwt Suezmax tanker. As part of the spin-off transaction, TOP Ships intends to distribute 100% of the common shares of Rubico pro rata to its securityholders of record as of June 16, 2025.
The NYSE has established an ex-distribution date for the distribution of Rubico common shares of June 16, 2025. Beginning on that date, TOP Ships common shares will trade without an entitlement by the purchaser of such shares to Rubico common shares distributed in connection with the spin-off.
TOP Ships securityholders do not need to take any action to receive Rubico shares to which they are entitled, and do not need to pay any consideration or surrender or exchange TOP Ships common shares or warrants.
TOP Ships expects that approximately 3,057,337 Rubico common shares will be distributed in the Spin-Off at an assumed distribution ratio of one Rubico common share for every two TOP Ships common shares held by TOP Ships common shareholders (and warrantholders on an as-exercised basis) at the close of business on June 16, 2025. However, such distribution ratio will depend on the number of TOP Ships common shares outstanding, as well as the number of common shares into which outstanding TOP Ships common stock purchase warrants are exercisable, on June 16, 2025, the record date for the spin-off distribution.
Concurrently and conditioned on the spin-off transaction, Rubico expects to raise $1.5 million in a private placement of its common shares at a purchase price of $20.00 per share.
Rubico has filed a registration statement on Form 20-F with the Securities and Exchange Commission in connection with the proposed spin-off. The transaction remains subject to such registration statement being declared effective and the approval of the listing of Rubico’s common shares on the Nasdaq Capital Market. There can be no assurance that the transaction will occur or, if it does occur, of its terms or timing. TOP Ships may, at any time, decide to abandon the spin-off. A copy of the registration statement on Form 20-F filed by Rubico is available at www.sec.gov. The information in the filed registration statement on Form 20-F is not final and remains subject to change.
About TOP Ships Inc.
TOP Ships Inc. is an international owner and operator of ocean-going vessels focusing on modern, fuel-efficient eco tanker vessels transporting crude oil, petroleum products (clean and dirty) and bulk liquid chemicals. For more information about TOP Ships Inc., visit its website: www.topships.org.
Cautionary Note Regarding Forward-Looking Statements
Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts, including statements regarding the proposed spin-off and the prospects and strategies of TOP Ships and Rubico following the spin-off, the valuation of the shares of Rubico and TOP Ships following the spin-off, and the listing of Rubico’s common shares on the Nasdaq Capital Market.
The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “believe,” “anticipate,” “intends,” “estimate,” “forecast,” “project,” “plan,” “potential,” “may,” “should,” “expect,” “pending,” and similar expressions identify forward-looking statements. The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including, without limitation, our management’s examination of historical operating trends, data contained in our records, and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs, or projections. Please see our filings with the Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties. The information set forth herein speaks only as of the date hereof, and we disclaim any intention or obligation to update any forward‐looking statements as a result of developments occurring after the date of this communication.
For further information please contact:
Alexandros Tsirikos
Chief Financial Officer
TOP Ships Inc.
Tel: +30 210 812 8107
Email: atsirikos@topships.org
Source: The Conversation – USA – By Diane Winston, Professor and Knight Center Chair in Media & Religion, USC Annenberg School for Communication and Journalism
President Donald Trump has never met Todd Chrisley, the reality TV star that he pardoned on May 27, 2025, along with Chrisley’s wife, Julie.
But the pair have much in common.
Both are admired by their fans for their brash personas and salty ripostes. Both enjoy lavish lifestyles: Trump is known for his real estate deals and rococo White House redecoration, and Chrisley for his entrepreneurial skill and acquisitions of sprawling properties.
Quick-tempered tycoons, they live large and keep score – especially when people cross them.
And maybe most importantly, both have run into legal trouble with Georgia prosecutors. In 2019, The U.S. Attorney’s Office for the Northern District of Georgia indicted the Chrisleys for fraud and tax evasion, and the Fulton County district attorney filed charges against Trump in 2023.
In 2022, Todd and Julie Chrisley were tried in Fulton County, found guilty and sentenced to 12- and seven-year sentences, respectively. A year later, a Fulton County grand jury indicted Trump as part of an alleged conspiracy to overturn the 2020 presidential election results in Georgia, a case that’s currently in limbo.
After the Chrisleys went to prison, their daughter Savannah began campaigning for their release. Her efforts to win over prominent conservatives – including her outspoken support for Trump – led to a prime-time appearance at the 2024 Republican National Convention.
“My family has been persecuted by rogue prosecutors due to our public profile and conservative beliefs,” she told the delegates and a television audience of 15 million viewers.
Turning an insult into an accolade, she claimed prosecutors had called them the “Trumps of the South.”
Her framing of her parents’ imprisonment aligns with Trump’s broader campaign narrative of victimization, redemption and retribution, which critics say he has continued to promote and carry out during his second term.
Like Trump, who starred on “The Apprentice” for 11 years, the Chrisleys had their own reality television show.
“Chrisley Knows Best” aired on USA Network from 2014 to 2023. I’m familiar with the Chrisleys because I wrote about Todd in a 2018 book I co-edited on religion and reality television. The show was particularly popular among viewers in their 30s, who were fascinated by the Chrisleys’ extravagant lifestyle and Todd’s over-the-top personality.
The self-proclaimed “patriarch of perfection,” Todd flew twice a month to Los Angeles from Atlanta, and later Nashville, to have his hair cut and highlighted. He spoke freely about using Botox and invited viewers into his room-size closet where his clothes were organized by color. No matter the time of day, Todd was camera-ready: buffed, manicured and dressed in designer clothes.
The family enjoyed all the trappings of success: fancy cars, a palatial home and expensive vacations. Yet, in almost every episode, Todd made clear that his life, and theirs by extension, centered on family, religion and responsibility. In fact, many episodes revolved around Todd’s efforts to promote these values through his parenting lessons.
On the one hand, Todd tried to teach responsibility and the value of hard work to his five children. On the other hand, he bribed and cajoled them into doing what he wanted. Todd seemed to have it both ways: His strictness and traditional values appealed to Christian viewers, but his sass and cussing won over secular audiences.
But sometimes his words rang hollow. Todd talked a lot about work, but viewers rarely saw him at a job. He frequently quoted the Bible, but audiences seldom saw him in church. He extolled family, but a few years into the series, his two older children, Lindsie and Kyle, disappeared from the show.
In 2023, the series disappeared, too. By then, the Chrisleys were in prison.
On the day of his inauguration, when Trump pardoned or commuted the sentences of the roughly 1,500 people involved in the Jan. 6, 2021, insurrection, he vowed to “take appropriate action to correct past misconduct by the Federal Government related to the weaponization of law enforcement.”
According to the president, the imprisonment of Todd and Julie Chrisley and his pardoning of them is just that.
“Your parents are going to be free and clean and I hope that we can do it by tomorrow,” Trump told Savannah Chrisley in a recorded phone conversation. “They’ve been given a pretty harsh treatment based on what I’m hearing.”
Trump’s pardons, which have freed a number of conservatives convicted of fraud, may stem from his belief that he and many others have been falsely accused and persecuted by the elite, liberal establishment.
But the pardons also strike home for his right-wing religious supporters, many of whom think that Democrats will do anything to quash their faith, including using the justice system to specifically target Christians.
“We live in a nation founded on freedom, liberty and justice for all. Justice is supposed to be blind. But today, we have a two-faced justice system,” Savannah Chrisley said during her RNC speech. “Look at what they are doing to countless Christians and conservatives that the government has labeled them extremists or even worse.”
While those claims have been disputed, eradicating anti-Christian bias, at home and abroad, has nevertheless become a centerpiece of Trump’s policies during his second term.
The lawyers who prosecuted the Chrisleys had a different perspective. They called Todd and Julie “career swindlers who have made a living by jumping from one fraud scheme to another, lying to banks, stiffing vendors and evading taxes at every corner,” and whose reputations were “based on the lie that their wealth came from dedication and hard work.”
The couple were ultimately found guilty of defrauding Atlanta-area banks of US$36 million by using falsified papers to apply for mortgages, obtaining false loans to repay older loans, and not repaying those loans. They also were convicted of hiding their true income from the IRS and owing $500,000 in back taxes.
At his sentencing, Todd said that he intended to pay it all back. At a press conference after his pardon, he said he was convicted for something he did not do.
In the days since their release, the Chrisleys announced they were filming a new reality show, which will air on Lifetime. The series will focus on the couple’s legal struggles, imprisonment, pardon and reunification.
Thanks to the constitutional protections of the presidency, Trump’s reelection has shielded him from ongoing federal criminal prosecution. And now, thanks to the stroke of Trump’s pen, the “Trumps of the South” are back in business, too.
Diane Winston does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.
– ref. In pardoning reality TV stars Todd and Julie Chrisley, Trump taps into a sense of persecution felt by his conservative Christian base – https://theconversation.com/in-pardoning-reality-tv-stars-todd-and-julie-chrisley-trump-taps-into-a-sense-of-persecution-felt-by-his-conservative-christian-base-257932
Source: The Conversation – USA – By Sarah R. Supp, Associate Professor of Data Analytics, Denison University
Many people have been there.
The dinner party is going well until someone decides to introduce a controversial topic. In today’s world, that could be anything from vaccines to government budget cuts to immigration policy. Conversation starts to get heated. Finally, someone announces with great authority that a scientific study supports their position. This causes the discussion to come to an abrupt halt because the dinner guests disagree on their belief in scientific evidence. Some may believe science always speaks the truth, some may think science can never be trusted, and others may disagree on which studies with contradicting claims are “right.”
How can the dinner party – or society – move beyond this kind of impasse? In today’s world of misinformation and disinformation, healthy skepticism is essential. At the same time, much scientific work is rigorous and trustworthy. How do you reach a healthy balance between trust and skepticism? How can researchers increase the transparency of their work to make it possible to evaluate how much confidence the public should have in any particular study?
As teachers and scholars, we see these problems in our own classrooms and in our students – and they are mirrored in society.
The concept of reproducibility may offer important answers to these questions.
Reproducibility is what it sounds like: reproducing results. In some ways, reproducibility is like a well-written recipe, such as a recipe for an award-winning cake at the county fair. To help others reproduce their cake, the proud prizewinner must clearly document the ingredients used and then describe each step of the process by which the ingredients were transformed into a cake. If others can follow the directions and come up with a cake of the same quality, then the recipe is reproducible.
Think of the English scholar who claims that Shakespeare did not author a play that has historically been attributed to him. A critical reader will want to know exactly how they arrived at that conclusion. What is the evidence? How was it chosen and interpreted? By parsing the analysis step by step, reproducibility allows a critical reader to gauge the strength of any kind of argument.
We are a group of researchers and professors from a wide range of disciplines who came together to discuss how we use reproducibility in our teaching and research.
Based on our expertise and the students we encounter, we collectively see a need for higher-education students to learn about reproducibility in their classes, across all majors. It has the potential to benefit students and, ultimately, to enhance the quality of public discourse.
Reproducibility has always been a foundation of good science because it allows researchers to scrutinize each other’s studies for rigor and credibility and expand upon prior work to make new discoveries. Researchers are increasingly paying attention to reproducibility in the natural sciences, such as physics and medicine, and in the social sciences, such as economics and environmental studies. Even researchers in the humanities, such as history and philosophy, are concerned with reproducibility in studies involving analysis of texts and evidence, especially with digital and computational methods. Increased interest in transparency and accessibility has followed the rising importance of computer algorithms and numerical analysis in research. This work should be reproducible, but it often remains opaque.
Broadly, research is reproducible if it answers the question: “How do you know?” − such that another researcher could theoretically repeat the study and produce consistent results.
Reproducible research is explicit about the materials and methods that were used in a study to make discoveries and come to conclusions. Materials include everything from scientific instruments such as a tensiometer measuring soil moisture to surveys asking people about their daily diet. They also include digital data such as spreadsheets, digitized historic texts, satellite images and more. Methods include how researchers make observations and analyze data.
To reproduce a social science study, for example, we would ask: What is the central question or hypothesis? Who was in the study? How many individuals were included? What were they asked? After data was collected, how was it cleaned and prepared for analysis? How exactly was the analysis run?
Proper documentation of all these steps, plus making available the original data from the study, allows other scientists to redo the research, evaluate the decisions made during the process of gathering and analyzing information, and assess the credibility of the findings.
Over the past 20 years, the need for reproducibility has become increasingly important. Scientists have discovered that some published studies are too poorly documented for others to repeat, lack verified data sources, are questionably designed, or even fraudulent.
A highly contentious, retracted study from 1998 linked the measles, mumps and rubella (MMR) vaccine and autism. Scientists and journalists used their understanding of reproducibility to discover the flaws in the study.
The central question of the study was not about vaccines but aimed to explore a possible relationship between colitis − an inflammation of the large intestine − and developmental disorders. The authors explicitly wrote, “We did not prove an association between measles, mumps, and rubella vaccine and the syndrome described.”
The study observed just 12 patients who were referred to the authors’ gastroenterology clinic and had histories of recent behavioral disorders, including autism. This sample of children is simply too small and selective to be able to make definitive conclusions.
In this study, the researchers translated children’s medical charts into summary tables for comparison. When a journalist attempted to reproduce the published data tables from the children’s medical histories, they found pervasive inconsistencies.
Reproducibility allows for corrections in research. The article was published in a respected journal, but it lacked transparency with regard to patient recruitment, data analysis and conflicts of interest. Whereas traditional peer review involves critical evaluation of a manuscript, reproducibility also opens the door to evaluating the underlying data and methods. When independent researchers attempted to reproduce this study, they found deep flaws. The article was retracted by the journal and by most of its authors. Independent research teams conducted more robust studies, finding no relationship between vaccines and autism.
Each research discipline has its own set of best practices for achieving reproducibility. Disciplines in which researchers use computational or statistical analysis require sharing the data and software code for reproducing studies. In other disciplines, researchers interpret nonnumerical qualities of data sources such as interviews, historical texts, social media content and more. These disciplines are working to develop standards for sharing their data and research designs for reproducibility. Across disciplines, the core principles are the same: transparency of the evidence and arguments by which researchers arrived at their conclusions.
Colleges and universities are uniquely situated to promote reproducibility in research and public conversations. Critical thinking, effective communication and intellectual integrity, staples of higher-education mission statements, are all served by reproducibility.
Teaching faculty at colleges and universities have started taking some important steps toward incorporating reproducibility into a wide range of undergraduate and graduate courses. These include assignments to replicate existing studies, training in reproducible methods to conduct and document original research, preregistration of hypotheses and analysis plans, and tools to facilitate open collaboration among peers. A number of initiatives to develop and disseminate resources for teaching reproducibility have been launched.
Despite some progress, reproducibility still needs a central place in higher education. It can be integrated into any course in which students weigh evidence, read published literature to make claims, or learn to conduct their own research. This change is urgently needed to train the next generation of researchers, but that is not the only reason.
Reproducibility is fundamental to constructing and communicating claims based on evidence. Through a reproducibility lens, students evaluate claims in published studies as contingent on the transparency and soundness of the evidence and analysis on which the claims are based. When faculty teach reproducibility as a core expectation from the beginning of a curriculum, they encourage students to internalize its principles in how they conduct their own research and engage with the research published by others.
Institutions of higher education already prioritize cultivating engaged, literate and critical citizens capable of solving the world’s most challenging contemporary problems. Teaching reproducibility equips students, and members of the public, with the skills they need to critically analyze claims in published research, in the media and even at dinner parties.
Also contributing to this article are participants in the 2024 Reproducibility and Replicability in the Liberal Arts workshop, funded by the Alliance to Advance Liberal Arts Colleges (AALAC) [in alphabetical order]: Ben Gebre-Medhin (Department of Sociology and Anthropology, Mount Holyoke College), Xavier Haro-Carrión (Department of Geography, Macalester College), Emmanuel Kaparakis (Quantitative Analysis Center, Wesleyan University), Scott LaCombe (Statistical and Data Sciences, Smith College), Matthew Lavin (Data Analytics Program, Denison University), Joseph J. Merry (Sociology Department, Furman University), Laurie Tupper (Department of Mathematics and Statistics, Mount Holyoke College).
Sarah Supp receives funding from the National Science Foundation, awards #1915913, #2120609, and #2227298.
Joseph Holler receives funding from the National Science Foundation, award #2049837.
Peter Kedron receives funding from the National Science Foundation, award #2049837 and from Esri.
Richard Ball has received funding from the Alfred P. Sloan Foundation and the United Kingdom Reproducibility Network.
Anne M. Nurse and Nicholas J. Horton do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.
– ref. Reproducibility may be the key idea students need to balance trust in evidence with healthy skepticism – https://theconversation.com/reproducibility-may-be-the-key-idea-students-need-to-balance-trust-in-evidence-with-healthy-skepticism-251771
Translation. Region: Russian Federal
Source: Rosneft – Rosneft – An important disclaimer is at the bottom of this article.
June 5 is World Environment Day, its goal is to draw attention to measures to protect ecosystems. In Russia, this date coincides with Ecologist Day.
Rosneft implements large-scale events and projects aimed at preserving a favorable environment. In 2024, the Company’s “green” investments amounted to 74 billion rubles and exceeded the previous year’s level by 16%. In total, over the past three years, this figure amounted to almost 200 billion rubles.
The key components of the Company’s long-term environmental agenda are reflected in the strategy “Rosneft-2030: Reliable Energy and Global Energy Transition”. The priorities of the Company and its subsidiaries include the implementation of programs for land reclamation, including “historical heritage”, increasing the reliability of pipelines, preserving water resources and biological diversity in the regions of presence.
Thus, Samotlorneftegaz completed the implementation of a large-scale program for the reclamation of “historical heritage” lands in 2024 – the total area of restored lands exceeded 2.2 thousand hectares. The company carried out about 85% of all reclamation work using its own eco-service. During the project, new technologies were developed and unique experience was gained, which is in demand by other enterprises.
Rosneft pays great attention to reforestation activities, thereby contributing to the sustainable development of ecosystems, the preservation of biodiversity, and the fight against climate change. The Company, together with the Government of the Krasnoyarsk Territory, is implementing a comprehensive forest climate project aimed at unlocking the climate-regulating potential of the region’s forests and promoting sustainable development. In 2024, the Company and its subsidiaries in the regions of presence planted almost 11 million seedlings and trees of various species.
Rosneft is actively implementing the principles of a closed-loop economy (circular economy). Improving the efficiency of waste management processes is one of the priority goals of the Company’s strategy until 2030. The Company’s production enterprises are successfully implementing waste-free technologies that make it possible to obtain artificial soil from drill cuttings – an environmentally friendly building material.
In addition, the enterprises of the Samara group of the Company handed over almost 300 tons of spent catalyst for recycling. More than 8 thousand tons of non-ferrous and ferrous metal were sent for recycling by the Achinsk Oil Refinery, Saratov Oil Refinery, Syzran Oil Refinery, Kuibyshevsky Oil Refinery, Novokuibyshevsky Oil Refinery, RN-Vankor and Bashneft enterprises.
The Kuibyshev Oil Refinery, Novokuibyshevsk Oil Refinery, RN-Vankor and Bashneft enterprises also sent about 4.5 thousand tons of waste oils and emulsions, etc. for recycling.
Biodiversity conservation is another significant area of Rosneft’s environmental activities. The company has been holding annual events to replenish Russia’s aquatic bioresources for over 10 years. In 2024, Rosneft enterprises released over 21.7 million young fish into the country’s water bodies.
Volunteers of the Company, its subsidiaries and design institutes also actively participate in various environmental initiatives, promote the development of a culture of rational and responsible consumption of natural resources. Employees with children take part in events for greening and improvement of urban areas and natural recreational zones, cleaning of coastlines as part of federal environmental campaigns such as “Green Spring”, “Garden of Memory”, “Water of Russia”, “Clean Shores” and others.
For over 15 years, Samotlorneftegaz volunteers have been holding clean-up days to clean the shoreline of Lake Kymyl-Emtor as part of the All-Russian campaign “Water of Russia”.
Samara oil workers help the employees of the Botanical Garden of Samara University to clear the territory of dead wood and leaves, to purchase rare plant species and plant seedlings, and also to restore and improve springs in the region. In 2024, volunteers of the Samara region collected more than 30 cubic meters of garbage from the coastal areas of the Volga and Sok rivers. Volunteers of the Novokuibyshevsk Petrochemical Company collected 930 kg of household waste during an environmental run.
In 2024, RN-Nyaganneftegaz oil workers collected about 3 tons of household waste from the coastline of the Nyagan-Yugan River.
Earlier, on the eve of Victory Day, employees of Rosneft enterprises organized the cleaning of parks, memorial complexes and monuments dedicated to the feat of the Soviet people during the Great Patriotic War.
The Company’s enterprises make a significant contribution to the conservation of natural resources – they organize campaigns to collect used batteries, plastic and waste paper for their further recycling. In 2024, Rosneft employees handed over over 1,100 kg of used batteries, uninterruptible power supplies and disposable batteries for recycling, transferred over 7 tons of plastic for recycling and collected about 180 tons of waste paper.
Rosneft volunteers also actively promote environmental education of young people and conduct environmental quests, master classes, quizzes and eco-lessons for schoolchildren. For example, Orenburgneft implemented the Eco-School project in 2024 and, together with students from the region’s schools, collected more than 10 tons of waste paper, more than 70 kg of batteries and more than 17 kg of plastic caps.
For 14 years now, the company has been holding annual environmental safety competitions, which help to raise the level of environmental culture and serve as an incentive for subsidiaries to build up their competencies and improve their work in this area.
The successful environmental activities of Rosneft subsidiaries have received high public praise. In 2024, the Company’s plants – Syzran Oil Refinery, Novokuibyshevsky Oil Refinery, Kuibyshevsky Oil Refinery – received the highest awards of the All-Russian competition “Leader of Environmental Activities in Russia”.
Department of Information and Advertising of PJSC NK Rosneft June 5, 2025
Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.
