Category: Europe

MIL-OSI Russia: Financial news: 05.05.2025, 18-13 (Moscow time) the values of the lower limit of the price corridor and the range of market risk assessment for the GAZP (GAZPROM ao) security were changed.

Translation. Region: Russian Federal

Source: Moscow Exchange – Moscow Exchange –

05.05.2025

18:13

In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC) on 05.05.2025, 18-13 (Moscow time), the values of the lower limit of the price corridor (up to 125.02) and the range of market risk assessment (up to 112,874 rubles, equivalent to a rate of 21.25%) of the GAZP (GAZPROM ao) security were changed.

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

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

HTTPS: //VVV. MEEX.K.M.M.

MIL OSI Russia News –

May 6, 2025
MIL-OSI Russia: Marat Khusnullin: Large-scale reconstruction of the M-4 “Don” highway is starting in the Rostov region

Translation. Region: Russian Federal

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

The implementation of a large-scale project to reconstruct the M-4 Don highway from km 933 to km 1024 in the Rostov Region has begun. This section runs through the Kamensky, Krasnosulinsky and Oktyabrsky districts, the city of Kamensk-Shakhtinsky and the city of Shakhty in the Rostov Region. During the reconstruction, builders will have to widen more than 90 km of the M-4 Don highway to 6 traffic lanes, which will ensure comfortable and safe high-speed traffic on this section of the road, Deputy Prime Minister Marat Khusnullin reported.

“The southern direction of Russia is of strategic importance for the country in economic, transport and tourism aspects. The federal highway M-4 “Don” plays a major role in the uninterrupted communication of the southern regions with the central part of Russia. This road is in great demand among motorists, especially during summer holidays. In recent years, we have managed to gradually complete a huge amount of work to modernize the M-4 “Don” – reconstruct sections of the highway along the entire length from Moscow to Novorossiysk, as well as build a number of bypasses, including Losevo and Pavlovsk, Rostov-on-Don, Krasnodar and other settlements. And now we are starting the reconstruction of the section from the 933rd to the 1024th km in the Rostov region. In addition to the expansion of the roadway, a set of measures is planned for artificial structures. Thus, work will be carried out at 11 interchanges, three of which will be built from scratch to eliminate intersections with other roads at the same level. “It is also necessary to reconstruct 16 existing bridge structures and build four more,” said Marat Khusnullin.

The Deputy Prime Minister added that the reconstruction project provides for external lighting of the section, barrier and mesh fencing, noise protection screens where the road passes within the boundaries of populated areas. In addition, the route will be under constant control of the automated traffic control system (ATCS).

According to the Chairman of the Board of the State Company “Avtodor” Vyacheslav Petushenko, the main result of the reconstruction will be an increase in traffic safety on the M-4 “Don” in the Rostov Region.

“The design loads for which this section was calculated do not correspond to the actual operating conditions and annual growth of freight traffic on the M-4 “Don”. Thanks to the reconstruction, a six-lane high-speed highway designed for modern loads, without traffic lights and intersections, will pass through the Rostov Region, which will significantly increase traffic safety and the capacity of the highway,” said Vyacheslav Petushenko.

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

MIL OSI Russia News –

May 6, 2025
MIL-OSI Russia: Record Number of Overseas Buyers Attend 137th Guangzhou Fair

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

GUANGZHOU, May 5 (Xinhua) — The 137th China Import and Export Fair (Guangzhou or Canton Fair) concluded Monday in Guangzhou, capital of southern China’s Guangdong Province. More than 288,000 overseas buyers attended the event, according to organizers.

This is an increase of 17.3 percent over the previous year and a new historical record. 171,750 buyers visited the fair for the first time. The number of buyers from countries participating in the Belt and Road Initiative reached 187,450, an increase of 17.4 percent over the previous year, accounting for 64.9 percent of the total number of overseas buyers.

The fair also attracted more than 527,000 online buyers from 229 countries and regions around the world.

A total of 4.55 million exhibits were displayed, including 1.02 million new products, 880 thousand green and low-carbon products, and 320 thousand smart products.

The first-ever service robotics zone became the highlight of the fair, with 46 Chinese manufacturers exhibiting more than 500 cutting-edge robots covering 60 industrial applications.

Established in 1957, the Guangzhou Fair is held twice a year. It is the longest-running comprehensive international trade event in China and serves as an important indicator of China’s foreign trade situation. –0–

MIL OSI Russia News –

May 6, 2025
MIL-OSI Russia: CDU/CSU and SPD leaders sign agreement to form new coalition government in Germany

Translation. Region: Russian Federal

Source: People’s Republic of China in Russian –

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

BERLIN, May 5 (Xinhua) — The leaders of the conservative Christian Democratic Union and Christian Social Union (CDU/CSU) bloc and the center-left Social Democratic Party of Germany (SPD) signed a coalition agreement on Monday, paving the way for the formation of a new federal government in Germany.

Under the coalition pact, finally agreed in April after weeks of negotiations, the parties pledge to increase Germany’s economic competitiveness, strengthen national defence and tighten migration policy.

The CDU/CSU, informally referred to as the “Union Parties” or “the Union”, is a conservative political alliance of two German political parties.

On May 6, the Bundestag, Germany’s unicameral parliament, is expected to elect CDU leader Friedrich Merz as chancellor of Germany.

Following the election of F. Merz, his government will begin work, ending the current administration led by Chancellor Olaf Scholz. SPD co-chairman Lars Klingbeil will take up the post of vice-chancellor in the new government. –0–

MIL OSI Russia News –

May 6, 2025
MIL-OSI Russia: Pakistan, Iran reaffirm commitment to regional peace and stability

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

ISLAMABAD, May 5 (Xinhua) — Pakistan and Iran on Monday reaffirmed their commitment to regional peace and stability, vowing to strengthen bilateral cooperation in key areas including trade, energy, border security and regional connectivity.

As noted in a statement by the Pakistani Foreign Ministry, the parties reaffirmed their positions during a meeting between Iranian Foreign Minister Abbas Araghchi and Pakistani Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar in Islamabad.

The parties discussed a wide range of regional and international developments, noting the importance of close coordination to overcome common challenges and develop strategic cooperation.

A. Araghchi reiterated Tehran’s firm desire to expand bilateral ties with Pakistan in all areas. M. I. Dar, in turn, emphasized the deep historical, cultural and religious ties between the two neighboring countries.

Reiterating Pakistan’s principled stand in the fight against terrorism, M. I. Dar said his country has made significant sacrifices in the global battle against terrorism and remains committed to combating extremism in all its forms. –0–

MIL OSI Russia News –

May 6, 2025
MIL-OSI Russia: Kazakhstan is developing production of strategically important petrochemical products

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

ALMATY, May 5 (Xinhua) — Kazakhstan is actively developing the petrochemical industry and entering industrial production of key types of products, the Kazinform news agency reported on Monday, citing Kazakh Energy Minister Yerlan Akkenzhenov.

According to him, in November 2022, the Kazakhstan Petrochemical Industries Inc /KPI/ plant for the production of polypropylene with a capacity of 500 thousand tons per year was launched. The KPI plant is the first integrated gas chemical complex in Kazakhstan.

As E. Akkenzhenov said, by the end of 2024, the plant produced about 250 thousand tons of polypropylene. Today, the enterprise produces 12 grades of polypropylene for the production of various products, including sacks, consumer packaging, carpets, and disposable tableware. By the end of this year, it is planned to launch the production of 2 new grades of polypropylene.

It was previously reported that on March 31, 2025, construction of a polyethylene production plant “Silleno” was launched in the special economic zone “National Industrial Petrochemical Technopark” in the Atyrau region. The construction of the plant with a capacity of 1.25 million tons of polyethylene per year is planned to be completed in 2028, and the launch of production is scheduled for 2029.

According to the minister, 49.2 percent of early construction work to prepare the site has been completed to date, and excavation work has begun to develop pits for the pyrolysis plant. –0–

MIL OSI Russia News –

May 6, 2025
MIL-OSI Canada: Government of Canada to host wreath-laying ceremony at the Sunnybrook Health Sciences Centre Cenotaph to mark the 80th anniversary of the Liberation of the Netherlands and Victory in Europe

Source: Government of Canada News

Toronto, ON –Veterans Affairs Canada will host a wreath-laying ceremony at the Sunnybrook Health Sciences Centre Cenotaph. Christine McDowell, Associate Deputy Minister, Veterans Affairs Canada will be joined by Veterans of the Second World War, residents of Sunnybrook, Dr. Andy Smith, CEO Sunnybrook Veterans Centre, Harman Idema, Consul-General of the Netherlands, and other dignitaries.

There will be a photo op and interview opportunities with Veterans and other dignitaries following the ceremony.

Location:   Sunnybrook Health Sciences Centre Cenotaph
                     2075 Bayview Avenue
                     Toronto, ON M4N 1J7

Date:           Tuesday, 6 May 2025

Time:          10:30 EDT

Notes for media:

Media who wish to participate must register by 08:30 EDT on Tuesday, 6 May 2025 by contacting media@veterans.gc.ca with their name and media outlet. Media members are asked to arrive no later than 10:00 EDT.

Please let us know if you have any accessibility needs and we will work with you to enable your participation.

MIL OSI Canada News –

May 6, 2025
MIL-OSI Canada: Government of Canada to host Boots of Remembrance ceremony to mark the 80th anniversary of the Liberation of the Netherlands and Victory in Europe

Source: Government of Canada News

Toronto, ON –Veterans Affairs Canada will host a Boots of Remembrance commemorative event at CIBC SQUARE with the official Government of Canada delegation commemorating the 80^th anniversary of the Liberation of the Netherlands and Victory in Europe Day. The delegation will be joined by Commander Paul Smith, Commanding Officer, HMCS York, Canadian Armed Forces, David Hoffman, General Manager, CIBC SQUARE and other dignitaries.

In 2019, a pair of combat boots – a symbol of the many Canadians who took a similar journey during the Second World War to serve our country – was placed on a train in Vancouver, British Columbia, to begin the voyage to Halifax, Nova Scotia, where so many troops departed for Europe over 80 years ago. Along the way, commemorative ceremonies were held across the country to honour the boots and what they symbolize.

This year, as we commemorate 80 years since the Liberation of the Netherlands and Victory in Europe, the boots are making a return trip, starting in Halifax and making their way to Toronto to symbolize the homecoming of Canadian soldiers and their return to family and community.

There will be a photo op and interview opportunities with Veterans and other dignitaries following the ceremony.

Location:        CIBC SQUARE
                          Elevated Green Space
                          81 Bay Street
                          Toronto, ON M5J 0E7

Date:               Tuesday, 6 May 2025

Time:              14:00 EDT

Notes for media:

Media who wish to participate must register by 12:00 EDT on Tuesday, 6 May 2025 by contacting media@veterans.gc.ca with their name and media outlet. Media members are asked to arrive no later than 13:30 EDT.

Please let us know if you have any accessibility needs and we will work with you to enable your participation.

MIL OSI Canada News –

May 6, 2025
MIL-OSI Russia: Financial news: From Peter I to the present day: the Order of Alexander Nevsky is 300 years old (05.05.2025)

Translation. Region: Russian Federal

Source: Central Bank of Russia –

On May 6, 2025, the Bank of Russia will issue into circulation a commemorative silver coin with a face value of 3 rubles, “300th Anniversary of the Establishment of the Order of St. Alexander Nevsky”, from the “Historical Events” series (catalog no. 5111-0517).

This is the third order that was established in the Russian Empire. The idea to introduce it belongs to Peter I, but it was first awarded under Catherine I, in 1725. The Order of Alexander Nevsky is unique: it existed both in the Russian Empire and in the Soviet Union and has been preserved in the country’s award system to this day.

The silver coin with a face value of 3 rubles (pure precious metal weight – 31.1 g, alloy fineness – 925) has the shape of a circle with a diameter of 39.0 mm.

There is a raised edge around the circumference of both the front and back sides of the coin.

On the obverse of the coin there is a relief image of the State Emblem of the Russian Federation, the inscriptions “RUSSIAN FEDERATION”, “BANK OF RUSSIA”, the coin denomination “3 RUBLES”, the date “2025”, the designation of the metal according to the Periodic Table of Elements of D.I. Mendeleyev, the alloy standard, the trademark of the St. Petersburg Mint and the mass of the precious metal in purity.

On the reverse side of the coin there are relief and color images of the badge of the Order of St. Alexander Nevsky, the star of the order and a folded ribbon against the background of a fragment of the Holy Trinity Cathedral of the Alexander Nevsky Lavra made using laser matting technology; at the bottom there are relief inscriptions: along the circumference – “INSTITUTION OF THE ORDER OF ST. ALEXANDER NEVSKY”, above it – “1725”.

The side surface of the coin is ribbed.

The coin is made in proof quality.

The mintage of the coin is 3.0 thousand pieces.

The issued coin is a legal tender in the territory of the Russian Federation and must be accepted at face value for all types of payments without restrictions.

When using the material, a link to the Press Service of the Bank of Russia is required.

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

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

HTTPS: //vv. KBR.ru/Press/PR/? fillet = 63882054988617649KOins.HTM

MIL OSI Russia News –

May 6, 2025
MIL-OSI Russia: Financial news: 05.05.2025, 15-58 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A107SY1 (IADOM 1P43) were changed.

Translation. Region: Russian Federal

Source: Moscow Exchange – Moscow Exchange –

05.05.2025

15:58

In accordance with the Methodology for determining the risk parameters of the stock market and deposit market of Moscow Exchange PJSC by NCO NCC (JSC) on 05.05.2025, 15-58 (Moscow time), the values of the upper limit of the price corridor (up to 100.54) and the range of market risk assessment (up to 973.36 rubles, equivalent to a rate of 50.0%) of the security RU000A107SY1 (IADOM 1P43) were changed.

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

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

HTTPS: //VVV. MEEX.K.M.M.

MIL OSI Russia News –

May 6, 2025
MIL-OSI USA: Sen. Greg Dolezal Ranked Among Georgia’s Most Effective Lawmakers During 2023-2024 Biennium

Source: US State of Georgia

ATLANTA (May 5, 2025) — Chairman of the Senate Committee on Transportation Sen. Greg Dolezal (R–Cumming) was recently recognized as one of the most effective legislators in the Georgia General Assembly during the 2023-2024 Legislative Biennium. The nonpartisan evaluation conducted by the Center for Legislative Accountability (CLA) assigned Sen. Dolezal an effectiveness score of 2.09, more than twice the legislative average of 1.0.

“I’m honored to be recognized as one of the most effective legislators in the Georgia Senate during the 2023-2024 Biennium,” said Sen. Dolezal. “This recognition can be attributed to the hard work my colleagues and I put into advancing policies that reflect the values and priorities of Georgia families. I’m especially proud of the passage of Senate Bill 233, the Georgia Promise Scholarship Act, which empowers parents with more educational options and gives every child a better chance at success, regardless of their ZIP code. Throughout the previous biennium, I was also proud to champion legislation that reached final passage, including SB 1, SB 26, SB 204, SB 353 and SB 430. I intend to continue this progress and pass meaningful legislation during the 2025-2026 Biennium.”

The CLA’s annual effectiveness report assesses all state lawmakers based on key indicators that measure their ability to sponsor, advance and pass legislation through the General Assembly. The criteria include the number of bills a legislator sponsors, how far those bills progress through the legislative process and how many ultimately become law.

More information on the CLA can be found here.

# # # #

Sen. Greg Dolezal serves as Chairman of the Senate Committee on Transportation. He represents the 27th Senate District, which includes a large part of Forsyth County. He may be reached by phone at (404) 656-7127 or via email at greg.dolezal@senate.ga.gov.

For all media inquiries, please reach out to SenatePressInquiries@senate.ga.gov.

MIL OSI USA News –

May 6, 2025
MIL-OSI Security: UPDATED: Three people arrested as part of Counter Terrorism Policing operation

Source: United Kingdom London Metropolitan Police

Three people have been arrested in London as part of a Counter Terrorism Policing investigation.

Two of the men [A and B] were arrested at separate addresses in north west London and one man [C] was arrested at an address in west London on Saturday, 3 May, as part of the investigation, which is being led by the Met’s Counter Terrorism Command.

The men, aged 39 [A], 44 [B] and 55 [C], and who are all Iranian nationals were arrested and detained under section 27 of the National Security Act 2023.

All three men were taken into custody and warrants of further detention have been sought and obtained, meaning they can be detained until Saturday, 10 May.

This investigation is not connected to the arrest of five people yesterday as part of a separate Met Counter Terrorism operation.

Enquiries remain ongoing.

MIL Security OSI –

May 6, 2025

MIL-OSI: Planisware – Monthly information relating to the total number of shares and voting rights making-up the share capital – April 2025

Source: GlobeNewswire (MIL-OSI)

Monthly information relating to the total number of shares and voting rights making-up the share capital

Information mensuelle relative au nombre total d’actions et de droits de vote composant le capital social

Article L. 233-8 II of the French Commercial code and article 223-16
of the AMF General Regulation

Article L. 233-8-II du Code de commerce et article 223-16 du Règlement général de l’AMF

Name and address of the Company: Planisware SA
Dénomination sociale de l’émetteur : 200 avenue de Paris
92320 Châtillon
France
(ISIN code : FR001400PFU4)

Date	Total number of shares Nombre total d’actions composant le capital	Number of theorical voting rights Nombre de droits de vote théoriques	Number of effective voting rights* Nombre de droits de vote effectifs*
30/04/2025	70,024,000	70,024,000	70,016,295

*Treasury shares excluded / Actions auto-détenues exclues

Attachment

20250430 – Planisware – total number of shares and voting rights

The MIL Network –

May 6, 2025

MIL-OSI Russia: Special Report: China-Russia Humanitarian Exchanges Help Two Nations Bring People Closer and Know Each Other Better

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, May 5 (Xinhua) — From the Russian-Chinese joint film “Red Silk” that became a box office hit in Russia to the new version of the opera “Eugene Onegin” created by artists from both countries that debuted successfully in China; from the Chinese New Year celebration that “lit up” Moscow to the traditional Russian events held in many parts of China to celebrate Maslenitsa, humanitarian exchanges have become an important bridge for deepening China-Russia relations, enhancing mutual understanding between the two civilizations and promoting people-to-people exchanges.

2024-2025 have been declared the Years of Culture of China and Russia. As part of the years of culture, hundreds of events are being held in various regions of the two countries, which contribute to deepening friendship and bringing their peoples closer together.

LANGUAGE BRIDGES THE GAP

“My name is Maria. I am studying Chinese. Nice to meet you.” A young woman approached a reporter on the banks of the Moscow River in the Russian capital. After clarifying in Russian that the reporter was Chinese, she switched to Chinese to introduce herself.

Maria is a second-year law student at Moscow University and spends her free time studying Chinese language and culture. With a smile on her face, she admitted that she doesn’t speak Chinese well yet, but hopes to continue her studies. According to Maria, although Chinese is difficult, it sounds beautiful, and Chinese culture is very colorful and charming.

In recent years, Russia has seen a “Chinese language boom.” Now, on the streets of Moscow, you can increasingly hear friendly greetings in Chinese: “Nihao” /”Hello,” “Shi zhongguoren ma?” /”Are you from China?”/, “Huanyi,” /”Welcome,” “Zai jian” /”Goodbye,”… Seeing Asian facial features, many Russians begin to greet in Chinese.

“We have witnessed the popularization of Chinese culture and language: they are studied in schools, universities and at other educational levels,” says Ilya Gutin, senior lecturer at the Department of Chinese, Vietnamese, Burmese, Thai, Lao and Khmer Languages at MGIMO University of the Ministry of Foreign Affairs of Russia.

According to statistics, there are currently over 140 universities and over 220 primary and secondary schools offering Chinese language programs in Russia. There are also 19 Confucius Institutes and five Confucius Classrooms, as well as other additional educational institutions teaching Chinese. About 110,000 people in Russia study Chinese, and it has already become a second foreign language. In China, there are over 180 colleges and universities offering Russian language programs, and about 120,000 people study Russian in primary and secondary schools and universities.

At the same time, the two countries jointly established such cooperation projects as the Project of “10 Chinese and 10 Russian Outstanding Figures in Humanitarian Cooperation”, the Program for the Construction of Joint Chinese-Russian Scientific and Educational Centers, the Program for the Development of Chinese-Russian Associations of Specialized Universities. “Support was provided to universities in implementing joint educational programs, the scale of student exchanges between the two countries was expanded, summer schools for university students were jointly organized, cooperation in the field of professional education was carried out, which contributed to strengthening mutual understanding and friendship between young people.

“2024-2025, declared the cross years of culture between Russia and China, have opened up new opportunities for deepening cultural and educational ties,” said I. Gutin.

ART UNITES PEOPLE

The Chinese dance drama “Wing Chun: The Legend of the Kung Fu Master” was recently shown to great acclaim at the Bolshoi Theatre in Moscow. The fusion of Chinese kung fu and dance received thunderous applause, as well as wide attention and high praise from the Russian media.

According to Russian media, the dance performance “Wing Chun” is a story of heroes from the people based on the traditional martial art of Lingnan. The performance combines dance, martial arts and cinematic storytelling, telling the spiritual journey of Chinese kung fu to global recognition.

In recent years, the “Chinese wind” has been blowing in Russia. Chinese works such as the play “I Didn’t Kill My Husband,” the symphony “Ode to the Red Flag,” and the dance-poetic drama “Only This Greenery” have sparkled on Russian stages, demonstrating the unique charm of Chinese culture.

Meanwhile, a number of classic works of Russian art were presented on the stages of China. The ballets “Swan Lake”, “Sleeping Beauty”, “The Nutcracker” reflected the true “Russian aesthetics”. Theatrical, ballet and musical interpretations of such famous Russian literary works in China as “Anna Karenina” and “War and Peace” gave the audience an unforgettable experience. The Central Opera House of China and Russian artists presented a modern production of the world classic – the opera “Eugene Onegin”, breathing new life into the literary classic and emphasizing the strength of interaction between the cultures of China and Russia.

Wang Ning, director of the National Center for the Performing Arts of China, noted that many world-famous Russian art institutions have come to China to perform, which not only conveys the essence of Russian national culture to the Chinese audience, but also gives Russian artists the opportunity to feel and understand China.

“Artistic exchange, by influencing the eyes and ears, helps the people of the two countries gain an understanding of each other’s culture and become closer psychologically,” he concluded.

TOURISM STRENGTHENS FRIENDSHIP

“Going abroad for breakfast and coming back home” sounds almost unbelievable, but in the city of Heihe in northeastern China’s Heilongjiang Province, it has become routine.

Heihe is located across the river from Blagoveshchensk, the capital of Russia’s Amur region. With the resumption of visa-free group tours between China and Russia, “cross-border tourism” is rapidly gaining popularity. Every morning, many Russians head to Heihe in groups for the morning market, shopping, and tasting of Dongbei breakfast: youtiao (deep-fried dough sticks), soy milk, eggs boiled in seasoned tea, and egg burgers. They even came up with their own original breakfast — baozi (steamed buns) and beer.

“I just went to the dentist, bought some household goods, and now I’m going to have lunch at a restaurant. Ten minutes by boat and I’ll be home – very convenient,” says Ekaterina from Blagoveshchensk with a smile, adding that she often comes to Heihe, and although she doesn’t speak Chinese, there are signs in Russian in the city, and many vendors speak a little Russian.

In recent years, thanks to improved transport accessibility and visa relaxations, the number of Russian tourists in China has been steadily growing. Beijing, Guangzhou, Shanghai, Sanya, Chengdu, Qinhuangdao — the list of favorite tourist destinations for Russians in China is constantly expanding.

While Russian tourists enjoy the beauty and cuisine of China, Chinese travelers are increasingly discovering the vast expanses of Russia. According to the Association of Tour Operators of Russia /ATOR/, in 2024 the number of Chinese tourists in Russia reached 848 thousand people, which is 4.2 times more than in 2023. In addition to Moscow and St. Petersburg, the Chinese are increasingly choosing Murmansk, Novosibirsk, Irkutsk and other cities for travel.

To make the stay of Chinese tourists more comfortable, airports and major tourist attractions in a number of Russian cities have signs in Chinese, and popular restaurants have menus in Chinese. As part of the Years of Chinese and Russian Culture, Moscow has hosted the “Chinese New Year in Moscow” festival for two years in a row. A number of events were organized — theatrical performances, master classes, lectures, film screenings, and tea ceremonies.

“As part of the cross-years, it is planned to hold a series of cultural events in both countries. The festival in honor of the Chinese New Year will be the first in a series of events,” said Deputy Mayor of Moscow Natalya Sergunina. According to her, China is one of the promising areas for the development of tourism and partnership relations in general. “We expect that this year, thanks to joint programs, the mutual tourist flow will continue to grow,” said N. Sergunina.

At the same time, the Chinese cities of Beijing and Xi’an celebrated Maslenitsa: “Farewell to the Russian winter in China.” During the events, Chinese residents tried Russian pancakes and got acquainted with the traditions of folk festivities.

“We recently celebrated the Spring Festival in Moscow with our Chinese friends. It was not just a celebration, but a real celebration of culture and friendship,” said Boris Titov, Chairman of the Russian section of the Russian-Chinese Committee for Friendship, Peace and Development, noting that cross-cultural Years emphasize the importance of dialogue and mutual understanding between different cultural traditions, and also help to expand the horizons of mutual perception and respect. –0–

MIL OSI Russia News –

May 6, 2025
MIL-OSI Russia: Large-scale tour of Russian art to take place in China in May and June

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

Moscow, May 5 (Xinhua) — As part of the ongoing China-Russia Cross-Cultural Years, large-scale tours of Russian art will take place in Chinese cities in May and June.

The program will open at the Bolshoi Theater on May 7-11. A gala concert of ballet stars will be held in Beijing, and the legendary performance “Sleeping Beauty” to the music of Pyotr Tchaikovsky with choreography by Yuri Grigorovich will be presented. This production is rightfully considered the calling card of all Russian ballet. The Bolshoi Theater tour will end with a gala concert in Shenzhen.

From June 21 to 29, the St. Petersburg Philharmonic named after D. D. Shostakovich will give a series of concerts in Beijing, Shanghai, Guangzhou, Shenzhen and Wuhan. Chinese audiences will hear Sergei Prokofiev’s First Piano Concerto and one of the most famous and frequently performed classical works in the world, Pyotr Tchaikovsky’s Piano Concerto No. 1, as well as two symphonies by Dmitry Shostakovich – the Sixth and the famous Leningrad Symphony No. 7, created during the Great Patriotic War.

In the summer, the National Museum of China in Beijing plans to open an exhibition of the Tretyakov Gallery “Ilya Repin. Faces of Russia”.

As Natalia Kochneva, Senior Vice President of VTB Bank, which regularly supports Russian groups’ tours in China, noted in a conversation with a Xinhua correspondent, art can unite people of different cultures. “We appreciate that Russian art is expanding its fan base around the world, and our cooperation with China is growing into a great story. The Cross Years of Culture 2024-2025 of the two countries are especially important for us, as they open up additional opportunities for strengthening ties in various areas of culture and help make even more people fall in love with Russian and Chinese art,” she said. –0–

MIL OSI Russia News –

May 6, 2025
MIL-OSI Russia: Special Report: The People Will Never Forget – Chinese-Russian Friendship Passed Down from Generation to Generation

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

Moscow/Chongqing, May 5 (Xinhua) — The Yangtze River flows swiftly in Wanzhou District of Chongqing Municipality, southwest China, not far from the Three Gorges Dam. There is a quiet cemetery in the picturesque Xishan Park. Under the shade of pine and cypress trees, a white dove of peace spreads its wings on a marble tombstone, preparing to take off, while a fighter jet pierces the sky.

The monument is engraved with an inscription in Russian and Chinese: “Here lie the ashes of the commander of the Soviet volunteer air squadron, who died heroically in the war of the Chinese people against the Japanese invaders, Grigory Akimovich Kulishenko /1903-1939/. July 7, 1958.” A bronze bust of the hero is installed in front of the tombstone.

“When the war of resistance against the Japanese invaders was going on, Soviet Air Force Captain G. Kulishenko arrived in China to fight side by side with the Chinese people. “I am experiencing the misfortune of the Chinese workers as if I were experiencing the misfortune of my homeland,” he said with feeling. The pilot died heroically on Chinese soil. The Chinese people have not forgotten the hero, and ordinary Chinese people – mother and son – have been guarding his grave for more than half a century,” – during his visit to Russia in 2013, Chinese Chairman Xi Jinping told the story of G. Kulishenko with deep emotion, speaking at MGIMO.

Today, tall and majestic camphor trees grow around G. Kulishenko’s tombstone, planted by Chinese cemetery guardians many years ago.

“IT IS OUR DUTY”

After the Chinese People’s War of Resistance Against Japanese Aggression entered the phase of a conflict of attrition, Kulishenko and his colleagues led two squadrons of DB-3 heavy bombers (the pilots affectionately called them “Dasha”) to Chengdu. Liu Qun, who worked as a translator for Kulishenko at the time, wrote an article in which he recalled that this “heavenly warrior” had a simple face and a strong build, “slightly black hair, the color of the eyes like those of the Chinese, thick eyebrows and tall stature” and was somewhat similar to a Shandong resident (a resident of Shandong, one of the provinces of China – Xinhua note).

In addition to carrying out air strikes against the Japanese army, Kulishenko also had the important task of training Chinese pilots. Liu Qun says that before each flight, he would explain to each Chinese pilot the daily flight program, the aircraft control method, etc. Before sitting in the front cockpit, he would watch the other pilots sit in the control cabin and press the brake. Kulishenko also gave detailed comments after landing and sometimes flew three or four flights in a row as an instructor to correct mistakes. “I never saw him show the slightest impatience or fear of difficulties in front of the young pilots who were learning to fly,” Liu Qun writes.

On October 14, 1939, G. Kulishenko, leading a bomber group of the volunteer air force to aid China, raided the Japanese airfield in Hankou, causing heavy losses to the Japanese army. On the way back, he was intercepted by the enemy. The Soviet pilot received gunshot wounds to the chest and left shoulder. The enemy also hit one of the engines of his bomber. In order to protect the planes and people on the ground, G. Kulishenko refused to jump with a parachute and decided to make an emergency landing on the Yangtze in the Chenjiaba area of Wanxian County /now Wanzhou District of Chongqing – Xinhua note/. Two of his comrades swam to the shore, but the wounded Kulishenko was carried away by the current, and he died a heroic death.

Upon learning of this, the residents of Wanxian, without any agreement, set out to search along the river and 20 days later found the pilot’s body more than 10 kilometers from the crash site. They held a memorial service and a funeral according to Chinese custom.

In 1958, the Wanxian County People’s Government built a special cemetery for G. Kulishenko and ceremoniously reburied him. For more than 60 years, Chinese woman Tan Zhonghui took over as the grave’s caretaker, and her son Wei Yingxiang continued the work. “This is our duty, gratitude, and the conscience inherent in the Chinese people,” Wei Yingxiang said. He told reporters that his greatest wish is to ensure that the heroes buried in a foreign country are not alone, and that their heroic deeds and stories of friendship are passed down from generation to generation.

“THE PEACE MEDAL” – “THIS IS ONE OF THE MOST VALUABLE AWARDS FOR ME”

Nikolai Chuikov, the grandson of Soviet Marshal Vasily Chuikov, emotionally told journalists that he had heard many stories similar to that of Captain G. Kulishenko, and the Chinese people have always had deep feelings for the Soviet heroes buried on Chinese soil. According to him, the Soviet Union helped China fight the Japanese invaders, and China resolutely supported the USSR in the Great Patriotic War. The friendship that arose during the World Anti-Fascist War is a common heritage of both sides, our interlocutor is sure.

Marshal Vasily Chuikov had close ties to China. He had studied Chinese, was familiar with China’s national characteristics, and visited the country four times. From late 1940 to March 1942, he served as the chief Soviet military adviser in China. The Marshal was directly involved in developing the war plan against Japan and maintained close contacts with the commanders of the Eighth Army and the New Fourth Army, which operated under the CPC.

On the main battlefield of World War II in Asia, the Chinese people and army fought tenaciously against Japanese aggression, destroyed and tied up a large number of Japanese aggressor forces. With the sacrifice of 35 million lives, they finally won a great victory in the War of Resistance Against Japanese Aggression and made a great contribution to the victory of the World Anti-Fascist War.

N. Chuikov, 65, heard many stories about China from his grandfather as a child. For many years, he has been devoted to promoting good relations between Russia and China and is currently the deputy chairman of the Russian-Chinese Friendship Society. He has a medal that means a lot. In May 2015, during a visit to Russia, Chinese President Xi Jinping met with representatives of Russian veterans and presented them with commemorative medals. N. Chuikov was among them.

He called the Peace Medal the most valuable award for himself, as it was presented personally by the President of the People’s Republic of China Xi Jinping. Our interlocutor said that he is proud of the medal, which inspires him to work harder.

“The Chinese and Russian peoples have cemented a deep friendship with their blood and lives, laying a solid foundation for Chinese-Russian relations and friendship between the two peoples for generations,” Xi Jinping’s words at the meeting with veterans made a particularly deep impression on N. Chuikov. “This is also an important reason why relations between Russia and China remain at a high level,” he said.

In September 2015, he was invited to China to attend the commemorative celebration of the 70th anniversary of the victory of the Chinese People’s War of Resistance Against Japanese Aggression and the World Anti-Fascist War. The grand military parade was amazing, and China impressed him with its national strength and pace of development, he said.

Speaking at the anniversary celebration, Xi Jinping said: “Let us firmly remember the great truth of history: Justice wins! Peace wins! The people win!”

It was unforgettable! – said N. Chuikov. – This is the voice of China, conveying to the world the need to adhere to justice, protect peace and cooperate.

UNDERSTAND HISTORY AND PASS ON FRIENDSHIP FROM GENERATION TO GENERATION

The fallen heroes “will never be forgotten by the Russian people, the Chinese people and the peoples of the world,” wrote Chinese President Xi Jinping in an opinion piece published in Rossiyskaya Gazeta 10 years ago, on the eve of his participation in the celebrations of the 70th anniversary of Victory in the Great Patriotic War and his visit to the Russian Federation.

Where they once shared a common hatred of the enemy and fought against aggression, the history of China and Russia fighting side by side touches people even in peacetime. Every Qingming Festival, Chinese people lay flowers at memorial sites in Nanjing, Wuhan, Chongqing, Changchun and elsewhere to show that they have not forgotten. The names of more than 200 Soviet pilot heroes who died resisting Japanese occupation are engraved on a monument in the Nanjing Pilots’ Memorial Hall. During this year’s festival, an elementary school student wrote in childish handwriting, “I want to be a pilot when I grow up,” while an 89-year-old man left a wish, “Peace in the world.”

“Thank you, Grandpa, for the Victory!” — read the banners on the streets of Moscow in May. This year marks the 80th anniversary of the victory in the World Anti-Fascist War. For Natalia Khryukina, chairwoman of the Association of Descendants of Volunteer Pilots Who Fought in China in 1937-40, the upcoming May 9 will have a special memorable significance.

Her father, Timofey Khryukin, was a bomber squadron commander in the Soviet Air Force volunteer squadron that helped China. He flew combat aircraft, fighting the Japanese in the skies over Nanjing, Wuhan, and other places. Returning to the USSR, he fought valiantly in the Great Patriotic War.

N. Khryukina said that her father described China’s terrain as difficult, with high mountains and numerous gorges. Flying a bomber in such conditions was a difficult test and valuable experience for Soviet pilots of that time. “When my father returned home and went to fight in the North, his Chinese experience was very useful to him,” she recalls.

According to our interlocutor, her generation grew up listening to songs such as “Russians and Chinese are brothers forever.” The friendship established by the Russian and Chinese peoples who fought side by side is still being passed down from generation to generation without weakening, N. Khryukina emphasized. With close interaction and under the strategic leadership of the leaders of the two countries, Russian-Chinese relations maintain a high level of development, she said.

In recent years, N. Khryukina has been collecting historical materials, organizing exchange events in primary and secondary schools, and inviting Chinese teenagers to communicate with their Russian peers. This gives young people the opportunity to understand the history of their ancestors’ persistent struggle, to understand the origins of friendship between Russia and China and to continue to pass it on from generation to generation, she is sure. –0–

MIL OSI Russia News –

May 6, 2025
MIL-OSI Security: Warrants of further detention obtained in terrorism investigation

Source: United Kingdom London Metropolitan Police

A Counter Terrorism Policing investigation, led by the Met’s Counter Terrorism Command, is continuing following the arrest of five Iranian nationals on suspicion of terrorism offences.

The men, were arrested on Saturday, 3 May, as part of a national pre-planned operation are as follows:

[A] a 29-year-old man was arrested in the Swindon area

[B] a 46-year-old man was arrested in west London

[C] a 29-year-old man was arrested in the Stockport area

[D] a 40-year-old man was arrested in the Rochdale area

[E] a 24-year-old man was arrested in the Manchester area

All five men, who are all Iranian nationals, were arrested on suspicion of preparation of a terrorist act, contrary to section 5 of the Terrorism Act (TACT), 2006. Four of the men [A-D] were detained under TACT.

Warrants of further detention have today (Monday, 5 May) been secured for those four men, meaning they can be detained and questioned until Saturday, 10 May.

The fifth man [E] was detained under the Police and Criminal Evidence Act (PACE). He has now been released on bail, with conditions, to a date in May.

As part of the investigation, officers are also carrying out searches at a number of addresses in the Greater Manchester, London and Swindon areas.

Commander Dominic Murphy, Head of the Met’s Counter Terrorism Command, said: “Our officers and staff are progressing what is a significant and highly complex investigation, and we still have searches and activity underway at multiple addresses across the country.

“We are working incredibly hard, with public safety at the forefront of our ongoing efforts.

“We believe that a specific premises was the target of this suspected plot and Counter Terrorism Policing officers remain in close contact with the affected premises.

“At this time, we will not be providing further information about the suspected target for reasons of operational security and public safety.

“I would like to ask people to support my officers in this and not to speculate or share information that has not been confirmed by Counter Terrorism Policing. We have clear and critical reasons not to provide more detail at this time.

“The investigation is still in its early stages and we are exploring various lines of enquiry to establish any potential motivation as well as to identify whether there may be any further risk to the public linked to this matter.

“As always, I would ask the public to remain vigilant and if they see or hear anything that concerns them, then to contact us.

“We are working closely with local officers in the areas where we made arrests on Saturday and I’d like to thank police colleagues around the country for their ongoing support.”

Operational activity is currently being supported by Greater Manchester Police and Wiltshire Police, as well as colleagues from Counter Terrorism Policing across the country.

As always, we would ask the public to remain vigilant and if they see or hear anything that doesn’t look or feel right, then to report it to police – either by calling police, in confidence, on 0800 789 321 or via www.gov.uk/ACT

In an emergency, always dial 999.

MIL Security OSI –

May 6, 2025

MIL-OSI: RUBIS: Q1 2025 trading update – Continued strong operating performance of Rubis’ diversified business model

Source: GlobeNewswire (MIL-OSI)

Paris, 5 May 2025, 5:45pm

Energy Distribution
- Retail & Marketing – Solid volume growth at +4%, gross margin at €218m (+4%)
  - Strong momentum of the retail business both in Africa and in the Caribbean region
  - Bitumen activity performing well in Togo and South Africa – Nigeria volume growth resumes
- Support & Services – Revenue up 2% at €266m
  - Lower bitumen trading margins as a result of higher in-house activity
Renewable Electricity Production
- Secured portfolio up 22% vs March 2024 at 1.1 GWp
No direct impact of trade tariffs on the business
2025 Guidance reaffirmed

SALES BREAKDOWN BY SEGMENT AND BY REGION

(in €m)	Q1 2025	Q1 2024	Q1 2025 vs Q1 2024
Energy Distribution	1,687	1,652	+2%
Retail & Marketing	1,420	1,392	+2%
Europe	215	209	+3%
Caribbean	584	590	-1%
Africa	621	593	+5%
Support & Services	266	260	+2%
Renewable Electricity Production	11	8	+28%
TOTAL	1,697	1,660	+2%

On 5 May 2025, Clarisse Gobin-Swiecznik, Managing Partner, commented on the Q1 2025 activity: “Our position as distributor of energy and mobility solutions, leader in a diversity of regions, has once again proved successful. Q1 demonstrates Rubis’ resilience and ability to deliver strong performance in a challenging global environment. Our Energy Distribution businesses achieved robust growth across all regions while Photosol delivered according to plan. Looking ahead, we remain confident in our 2025 guidance, supported by the strength and growth potential of our diverse businesses”

HIGHLIGHTS

No direct impact of trade tariffs on the business

None of Rubis’ businesses is directly concerned by the trade tariffs turmoil ongoing. The Group does not operate in the US, nor in China.

New geographical development: Acquisition of Soida in Angola

In March 2025, Rubis Énergie acquired 60% of the share capital of Soida (Sociedade Industrial de Derivados Asfálticos), adding to its existing share of 35% acquired at the end of 2022 and leading to a final stake in the Company of 95%. Soida distributes bitumen in Angola with a market share well over 50% and extending further bitumen geographical footprint.

Publication of first Sustainability Statement (CSRD) including strategy and updated climate ambitions for 2030

Rubis’ first Sustainability Statement (CSRD format) was published on 28 April covering among others: Climate change – Update on decarbonisation targets and financial implications. Beyond regulatory requirements, the Sustainability Statement provides a solid foundation for shaping the Group’s Think Tomorrow 2026–2030 Roadmap, which will integrate business-specific priorities and be co-constructed with the operating entities.

Q1 2025 COMMERCIAL PERFORMANCE

1. ENERGY DISTRIBUTION – RETAIL & MARKETING

In Q1 2025, volume continued to increase across the board. Margins also saw an upward trend, with some variability.

Volume sold and gross margin by product in Q1 2025

	Volume (in ‘000 m³)			Gross margin (in €m)
(in ‘000 m³)	Q1 2025	Q1 2024	Q1 2025 vs Q1 2024	Q1 2025	Q1 2024	Q1 2025 vs Q1 2024
LPG	346	343	1%	83	84	-0%
Fuel	1,071	1,048	2%	113	103	10%
Bitumen	135	100	35%	21	23	-6%
TOTAL	1,552	1,491	4%	218	209	4%

Volume sold and gross margin by region in Q1 2025

	Volume (in ‘000 m³)			Gross margin (in €m)
	Q1 2025	Q1 2024	Q1 2025 vs Q1 2024	Q1 2025	Q1 2024	Q1 2025 vs Q1 2024
Europe	255	245	4%	65	62	4%
Caribbean	584	573	2%	85	80	7%
Africa	712	674	6%	68	67	1%
TOTAL	1,552	1,491	4%	218	209	4%

LPG volume was slightly up. The main drivers for growth over the quarter were bulk in France, where sales teams were particularly dynamic and won several new contracts. Autogas in France also saw a strong performance, as a result of several contracts won with service stations in 2024. Market share in France continued to increase, benefiting from a high level of customer engagement. These strong dynamics were partially offset by lower volume in Morocco where the market faced a product shortage after difficult weather conditions kept the supply vessels from unloading the product. Gross margin remained stable.

As regards fuel:
- in the retail business (representing 49% of fuel volume and 52% of fuel gross margin in Q1 2025) volume grew by 4% vs Q1 2024. Gross margin increased by 14%, driven by:
  - increasing volume in East Africa, with Zambia, Uganda and Rwanda showing significant growth rates thanks to rebranded service stations,
  - Madagascar also saw significant volume and margin growth year over year, thanks to a well-maintained network and improved logistics, enabling the Company to increase its market share,
  - activity continued to be very dynamic in the Caribbean, with Jamaica, Barbados, and Guyana still performing well. The situation in Haiti remains unchanged with half of the service stations closed at the end of March 2025;
- the Commercial and Industrial business (C&I, representing 28% of fuel volume and 24% of fuel gross margin in Q1 2025) increased by 2% in volume and decreased by 1% in gross margin over the period, led by Kenya, Zambia, Guyana, Suriname and Barbados;
- the aviation segment (representing 20% of fuel volume and 19% of fuel gross margin in Q1 2025) saw increased margins in Q1 2025 at +6% despite a slight volume decline of 2%. This performance was mainly driven by the Eastern Caribbean region, where some airlines decreased their frequencies, and the pricing environment was favourable.
Bitumen volume was up 35% yoy, mainly driven by Nigeria where Rubis’ supply situation was particularly strong. Togo and South Africa also saw strong volume increase, with improving margins. Gross margin showed a 6% decrease yoy and is the result of a different product mix in Nigeria.

2. ENERGY DISTRIBUTION – SUPPORT & SERVICES

The Support & Services activity recorded €266m of revenue (+2% yoy) in Q1 2025.

Volume excluding crude deliveries was up 5% and margins were down 4% vs Q1 2024.

In the Caribbean, trading activity was dynamic with +5% in volume.

In Africa, bitumen shipping activity was at a level comparable to that of Q1 2024 (volume +1%) with more numerous but shorter routes.

SARA refinery and logistics operations present specific business models with stable earnings profile.

3. RENEWABLE ELECTRICITY PRODUCTION – PHOTOSOL

Operational data	Q1 2025	Q1 2024	Q1 2025 vs Q1 2024
Assets in operation (MWp)	535	450	+19%
Electricity production (GWh)	102	81	+26%
Sales (in €m)	11	8	+28%

Over Q1 2025, Photosol commissionned 12MWp, leading its assets in operation to grow by 19% yoy at 535 MWp. The secured portfolio increased by 22% to 1.1 GWp with 53 MWp new projects secured over Q1 2025. The pipeline reached 5.7 GWp (+21% yoy). Revenue for Q1 2025 stood at €11m, up 28% vs Q1 2024, benefitting from portfolio expansion and a higher load factor.

In April 2025, Alix Lajoie became President and Thomas Aubagnac became CEO of Photosol, as planned. Both were previously Deputy CEOs since 2023. The two founders, David Guinard and Robin Ucelli, remain shareholders and Board members of Photosol.

OUTLOOK – FY 2025 GUIDANCE REAFFIRMED

The working assumptions used to establish the 2025 guidance remain unchanged.

Group EBITDA is expected at €710m to €760m in 2025 (assuming IAS 29 – hyperinflation impact unchanged versus 2024).

Reminder: Photosol 2027 ambitions:

Secured portfolio⁽¹⁾ above 2.5 GWp
Consolidated EBITDA⁽²⁾: €50-55m, of which c.10% EBITDA contribution from farm-down initiatives
- Power EBITDA⁽³⁾: €80-85m
- Secured EBITDA⁽⁴⁾: €150-200m

NON-FINANCIAL RATING

MSCI: AA (reiterated in Dec-24)
Sustainalytics: 29.2 (from 30.7 previously)
ISS ESG: C (from C- previously)
CDP: B (reiterated in Feb-25)

Webcast for investors and analysts
Date: 5 May 2024, 6:00pm
Link to register: https://channel.royalcast.com/rubisen/#!/rubisen/20250505_1
Participants from Rubis:

Marc Jacquot, CFO
Clémence Mignot-Dupeyrot, Head of IR

Upcoming events
Shareholders’ Meeting: 12 June 2025
Q2 & H1 2025 results: 9 September 2025
Q3 & 9M 2025 trading update: 4 November 2025
Q4 & FY 2025 results: 12 March 2026

(1) Includes ready-to-build, under construction and in operation capacities.
(2) EBITDA reported in Rubis Group consolidated financial statements.
(3) Aggregated EBITDA from operating PV through electricity sales.
(4) Illustrative EBITDA coming from secured portfolio.

Press Contact

Analyst Contact

RUBIS – Communication department

RUBIS – Clémence Mignot-Dupeyrot, Head of IR

Tel: +33 (0)1 44 17 95 95

presse@rubis.fr

Tel: +33 (0)1 45 01 87 44

investors@rubis.fr

Attachment

RUBIS: Q1 2025 trading update – Continued strong operating performance of Rubis’ diversified business model

The MIL Network –

May 6, 2025

MIL-OSI: ASM share buyback update April 30 – May 2, 2025

Source: GlobeNewswire (MIL-OSI)

Almere, The Netherlands
May 5, 2025, 5:45 p.m. CET

ASM International N.V. (Euronext Amsterdam: ASM) reports the following transactions, conducted under ASM’s current share buyback program.

Date Repurchased shares Average price Repurchased value

April 30, 2025 4,177 € 423.50 € 1,768,960

May 2, 2025 3,754 € 442.03 € 1,659,386

Total 7,931 € 432.27 € 3,428,346

These repurchases were made as part of the €150 million share buyback program which started on April 30, 2025. Of the total program, 2.3% has been repurchased. For further details including individual transaction information please visit: www.asm.com/investors/dividends-share-buybacks.

About ASM International
ASM International N.V., headquartered in Almere, the Netherlands, and its subsidiaries design and manufacture equipment and process solutions to produce semiconductor devices for wafer processing, and have facilities in the United States, Europe, and Asia. ASM International’s common stock trades on the Euronext Amsterdam Stock Exchange (symbol: ASM). For more information, visit ASM’s website at www.asm.com. This press release contains inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.

Contact

Investor and media relations

Victor Bareño
T: +31 88 100 8500
E: investor.relations@asm.com

Investor relations

Valentina Fantigrossi
T: +31 88 100 8502
E: investor.relations@asm.com

The MIL Network –

May 6, 2025
MIL-OSI Banking: ICC leadership joins B20 South Africa task forces
Source: International Chamber of Commerce

Headline: ICC leadership joins B20 South Africa task forces

Bolstering ICC’s engagement as an official B20 Network Partner, ICC representatives will lend expertise and leadership to co-chair the following B20 task forces:

Co-Chair, Finance and Infrastructure
John W.H. Denton AO, ICC Secretary General,

Industrial Transformation and Innovation
Shinta Kamdani, ICC Executive Board Vice-Chair, and Marjorie Yang, ICC Executive Board Member

Digital Transformation
Karan Bilimoria, Chair, ICC United Kingdom

The B20 is the official platform for the international business community to support the work of the G20 process. Since 2010, when the B20 was established, ICC has played a consistent and leading role in shaping the process, providing policy leadership and expertise, amplifying outcomes and supporting continuity, most recently as an official B20 Network Partner.

This year’s G20 Presidency is held by South Africa, marking the first time it has been led by an African nation. The B20 is hosted by Business Unity South Africa (BUSA).

The B20 Secretariat has convened the following eight task forces:
- Employment & Education
- Trade & Investment
- Energy Mix & Just Transition
- Digital Transformation
- Integrity & Compliance
- Finance & Infrastructure
- Sustainable Food Systems & Agriculture
- Industrial Transformation & Innovation.
Each of the eight task forces is chaired by a business leader from Africa and will produce a series of policy recommendations in line with the B20’s theme of Inclusive Growth and Prosperity through Global Cooperation.

Highlighting the unique agency of South Africa’s G20 Presidency and how ICC is working to support its success, ICC Secretary General John W.H. Denton AO, who participated in the B20 South Africa launch in Cape Town in February 2025, said:

“The G20 process in South Africa represents a unique opportunity to revitalise multilateralism in the current context. At ICC we are honoured to be B20 Network Partners once again, supporting all eight of the Task Forces this year. We look forward to working closely with the Secretariat to ensure the private sector is positioned as a true partner to these important discussions, leveraging our global network and policy insights.”

In addition to task force co-leadership roles, ICC B20 support includes the participation of 19 members of the ICC leadership across the eight task forces, policy support from the ICC Global Policy department, and network support from the ICC Agri-Food Initiative.
MIL OSI Global Banks –
May 6, 2025

MIL-OSI: Coface : Coface records a good start to the year with net income of €62.1m, for an RoATE of 12.7%

Source: GlobeNewswire (MIL-OSI)

Coface records a good start to the year with net income of €62.1m, for an RoATE of 12.7%

Paris, 5 May 2025 – 17.35

Turnover: €473m, up 2.0% at constant FX and perimeter
- Trade credit insurance revenue up 1.2%; client activity also increased by 1.2%
- Client retention back up at near-record (95.0%); pricing remained negative (-1.3%) in line with historical trends
- Business information growing again double-digit (+14.7% at constant FX, +18.4% at current FX). Debt collection up +14.8%; factoring was down slightly by -0.7%
Net loss ratio at 39.1%, up by 3.3 ppts; net combined ratio at 68.7%, up by 5.6 ppts and stable compared to Q4-24
- Gross loss ratio at 38.7%, up by 5.5 ppts with higher opening year reserving and reserve releases stable at a high level year on year
- Net cost ratio increased 2.2 ppts to 29.5%, reflecting continued investments partially offset by better product mix
Net income (group share) at €62.1m, down by -9.2% compared to Q1-24
Annualised RoATE¹at 12.7%

Unless otherwise indicated, change comparisons refer to the results as at 31 March 2024

Xavier Durand, Coface’s Chief Executive Officer, commented:
“With a net income of €62.1m and an RoATE of 12.7%, Coface posted another quarter of solid results in a highly volatile environment. Shifting US policy on international trade is creating a high level of uncertainty, although its potential consequences are not yet visible. In this complicated environment for corporates, Coface remains very close to its clients and is maintaining a highly preventative stance in its risk portfolio which is well diversified across regions and sectors.
In the medium term, depending on their actual implementation and level, the announced tariffs may have a negative impact on global trade volumes. We may also see prices increase in the United States and an adverse impact on certain industrial sectors and regions, likely leading to higher numbers of business failures.
Thanks to its leading infrastructure, the quality of its information and its teams of internationally recognised experts, Coface is well positioned to support its clients in managing their risks.
Against this backdrop, our strategy to invest in better understanding short-term risks and in the strengthening of our range of services (Business Information, Debt Collection) is more relevant than ever and resolutely pursued.”

Key figures at 31 March 2025

The Board of Directors of COFACE SA examined the summary consolidated financial statements for the first three months (non-audited) during its meeting on 5 May 2025. The Audit Committee at its meeting on 2 May 2025 also previously reviewed them.

Income statement items in €m	Q1-24	Q1-25	Variation	% ex. FX*
Insurance revenue	378.6	382.9	+1.1%	+1.2%
Other revenue	85.0	90.3	+6.2%	+5.5%
REVENUE	463.7	473.2	+2.1%	+2.0%
UNDERWRITING INCOME/LOSS AFTER REINSURANCE	100.3	85.4	(14.9)%	(15.4)%
Investment income, net of management expenses, excluding finance costs	17.9	10.4	(42.0)%	(44.2)%
Insurance Finance Expenses	(11.4)	(4.1)	(63.6)%	(61.6)%
CURRENT OPERATING INCOME	106.8	91.6	(14.2)%	(15.3)%
Other operating income / expenses	(0.1)	(0.4)	+438.8%	+439.8%
OPERATING INCOME	106.8	91.2	(14.5)%	(15.6)%
NET INCOME (GROUP SHARE)	68.4	62.1	(9.2)%	(10.5)%

Key ratios	Q1-24	Q1-25	Variation
Loss ratio net of reinsurance	35.8%	39.1%	3.4	ppts
Cost ratio net of reinsurance	27.3%	29.5%	2.2	ppts
COMBINED RATIO NET OF REINSURANCE	63.1%	68.7%	5.6	ppts

Balance sheet items in €m	2024	Q1-25	Variation
Total equity (group share)	2,193.6	2,234.0	+1.8%

* Also excludes scope impact

1. Turnover

Coface recorded consolidated turnover of €473.2m, up +2.0% at constant FX and perimeter compared to Q1-24. As reported (at current FX and perimeter), turnover rose +2.1%.

Revenues from insurance activities (including Bonding and Single Risk) increased by +1.2% at constant FX and perimeter. Client retention returned to a level close to its record high at 95.0% in a still competitive market. New business totalled €37m, stable compared with Q1-24. This was driven by an increase in demand and growth investments, particularly in the mid-market segment.

Growth in client activity was positive at 1.2%, marking a further improvement compared to the already positive previous quarter. However, this level reflects the economic environment that prevailed before the tariff announcements by the United States. The price effect remained negative at -1.3% in Q1-25, in line with last year and long-term trends.

Turnover from non-insurance activities was up +7.5% compared to Q1-24. However, not all business lines enjoyed the same momentum. Factoring turnover fell by -0.7%, with Germany and Poland recording identical performance. Business Information turnover continued to grow, rising +14.8% (and +18.4% on a reported basis). Fee and commission income (debt collection commissions) increased +14.8% due to the increase in claims to be collected. Commissions were up +4.0%, exceeding growth in premium income.

Total revenue – in €m (by country of invoicing)	Q1-24	Q1-25	Variation	% ex. FX²
Northern Europe	97.8	97.0	(0.8)%	(0.8)%
Western Europe	91.7	96.0	+4.7%	+1.9%
Central & Eastern Europe	45.1	42.3	(6.3)%	(6.9)%
Mediterranean & Africa	138.9	143.4	+3.2%	+5.1%
North America	42.6	43.5	+2.0%	+1.5%
Latin America	18.6	20.4	+9.7%	+16.0%
Asia-Pacific	28.9	30.7	+6.2%	+2.7%
Total Group	463.7	473.2	+2.1%	+2.0%

In Northern Europe, turnover was down by -0.8% at constant and current FX. The region continues to suffer from the weakness of the German economy. This slight decline was partially offset by growth in non-insurance activities. Factoring turnover was down -0.7% but services were up +17.8%.

In Western Europe, turnover increased +1.9% at constant FX (+4.7% at current FX). The loss of several significant contracts was more than offset by growth in service activities.

In Central and Eastern Europe, turnover fell -6.9% at constant FX (-6.3% at current FX) due to client activity, which continued to drag down credit insurance, and a significant contract that is now included in another region.

In the Mediterranean and Africa region, which is driven by Italy and Spain, turnover rose +5.1% at constant FX and +3.2% at current FX on the back of robust sales in credit insurance and services and a generally stronger economic environment.

In North America, turnover rose by +1.5% at constant FX and +2.0% on a reported basis. The region benefited from a slight improvement in client activity and higher retention.

In Latin America, turnover increased +16.0% at constant FX and +9.7% at current FX. The region is benefiting from continued high inflation, which is benefiting client activity.

In Asia-Pacific, turnover increased +2.7% at constant FX and +6.2% at current FX. The region is benefiting from high retention and a slight increase in client activity.

2. Result

Combined ratio

The combined ratio net of reinsurance stood at 68.7% for Q1-25, an increase of 5.6 ppts year on year but flat compared to the previous quarter.

(i) Loss ratio

The gross loss ratio stood at 38.7%, up 5.5 ppts compared to the previous year. This increase reflects the normalisation of the loss experience offset by high but stable reserve releases compared to the previous year. The number of mid-sized claims was below long-term trends but is increasing.

The Group’s provisioning policy remained unchanged. The amount of provisions related to the underwriting year, although discounted, remained in line with the historical average. Strict management of past claims enabled the Group to record 43.6 ppts of recoveries.

The net loss ratio increased to 39.1%, up 3.3 ppts compared to Q1-24, with reinsurance absorbing part of the deterioration in the gross loss ratio.

(ii) Cost ratio

Coface is pursuing a strict cost management policy while maintaining its investments, in line with the Power the Core strategic plan. In Q1-25, costs rose by +5.7% at constant FX and perimeter, and +5.9% at current FX.

The cost ratio net of reinsurance was 29.5% in Q1-25, up 2.2 ppts year on year. This increase was mainly due to cost inflation (+1.4 ppt) and continued investment (+2.9 ppts). In contrast, the improved product mix (Business Information, Debt Collection and fee and commission income) had a positive effect of 2.6 ppts. The change in reinsurance commissions explains most of the remainder.

Financial result

Net financial income was €10.4m in the first quarter. This amount includes an FX effect of -€12.4m, mostly due to the application of IAS 29 (Hyperinflation) mainly in Turkey for €4.5m.

The portfolio’s current yield (i.e. excluding capital gains, depreciation and FX) was €24.9m. The accounting yield³, excluding capital gains and fair value effect, was 0.7% in Q1-25. The yield on new investments was 3.8%.

Insurance Finance Expenses (IFE) stood at €4.1m for the first quarter. Outside of FX gains, the amount is very similar to that of previous quarters.

Operating income and net income

Operating income amounted to €91.2m in Q1-25, down 14.5%.

The effective tax rate was 23% for the quarter (vs. 27% in Q1-24).

In total, net income (group share) was €62.1m, down 9.2% compared to the first quarter of 2024.

3. Shareholders’ equity

At 31 March 2025, Group shareholders’ equity stood at €2,234.0m, up €40.4m or +1.8% (€2,193.6m at 31 December 2024).

This increase is mainly due to positive net income of €62.1m and an FX effect.

The annualised return on average tangible equity (RoATE) was 12.7% at 31 March 2025, down from the previous year, in line with the decline in net income.

4. Outlook

Uncertainty about international economic policy is reaching a rarely seen levels. The United States announced the implementation of massive tariffs which vary depending on industrial sector and the imports’ country of origin. Implementation has been delayed in most cases to allow time for negotiations.

Estimates of the long-term impact will have to wait until the tariffs actually implemented are more stable. In the short term, this uncertainty is delaying investment decisions and detracting from economic growth.

This unprecedented complex environment validates the strategy and positioning adopted by Coface, which draws on its internationally recognised experts and industry leading data to support its clients as effectively as possible as the situation evolves. In the short term, Coface has stepped up communication with its clients and maintained its prevention actions at a high level, while continuing to invest in line with the Power the Core strategic plan. The workforce dedicated to services (Business Information and Debt Collection) currently stands at nearly 700 people.

Conference call for financial analysts

Coface’s Q1-2025 results will be discussed with financial analysts during the conference call on Monday 5 May at 18:00 (Paris time). Dial one of the following numbers:

The presentation will be available (in English only) at the following address:
http://www.coface.com/Investors/financial-results-and-reports

Appendices

Quarterly results

Income statement items in €m Quarterly figures	Q1-24	Q2-24	Q3-24	Q4-24	Q1-25	%	% ex. FX*
Insurance revenue	378.6	375.6	375.9	382.7	382.9	+1.1%	+1.2%
Other revenue	85.0	83.4	78.0	85.5	90.3	+6.2%	+5.5%
REVENUE	463.7	459.1	453.8	468.3	473.2	+2.1%	+2.0%
UNDERWRITING INCOME (LOSS) AFTER REINSURANCE	100.3	94.7	88.8	84.9	85.4	(14.9)%	(15.4)%
Investment income, net of management expenses, excluding finance costs	17.9	22.8	19.0	31.9	10.4	(42.0)%	(44.2)%
Insurance Finance Expenses	(11.4)	(6.7)	(7.3)	(17.1)	(4.1)	(63.6)%	(61.6)%
CURRENT OPERATING INCOME	106.8	110.9	100.5	99.7	91.6	(14.2)%	(15.3)%
Other operating income / expenses	(0.1)	(0.5)	(2.6)	(5.5)	(0.4)	438.8%	439.8%
OPERATING INCOME	106.8	110.4	97.9	94.2	91.2	(14.5)%	(15.6)%
NET INCOME (GROUP SHARE)	68.4	73.8	65.4	53.4	62.1	(9.2)%	(10.5)%
Income tax rate	27.2%	26.8%	25.5%	36.2%	23.0%	(4.2) ppt

Cumulated results

Income statement items in €m Cumulated figures	Q1-24	H1-24	9M-24	2024	Q1-25	%	% ex. FX*
Insurance revenue	378.6	754.3	1,130.2	1,512.9	382.9	+1.1%	+1.2%
Other revenue	85.0	168.5	246.4	331.9	90.3	+6.2%	+5.5%
REVENUE	463.7	922.7	1,376.6	1,844.8	473.2	+2.1%	+2.0%
UNDERWRITING INCOME (LOSS) AFTER REINSURANCE	100.3	195.0	283.8	368.7	85.4	(14.9)%	(15.4)%
Investment income, net of management expenses, excluding finance costs	17.9	40.8	59.8	91.7	10.4	(42.0)%	(44.2)%
Insurance Finance Expenses	(11.4)	(18.1)	(25.4)	(42.5)	(4.1)	(63.6)%	(61.6)%
CURRENT OPERATING INCOME	106.8	217.7	318.2	417.9	91.6	(14.2)%	(15.3)%
Other operating income / expenses	(0.1)	(0.5)	(3.1)	(8.6)	(0.4)	438.8%	439.8%
OPERATING INCOME	106.8	217.2	315.1	409.2	91.2	(14.5)%	(15.6)%
NET INCOME (GROUP SHARE)	68.4	142.3	207.7	261.1	62.1	(9.2)%	(10.5)%
Income tax rate	27.2%	27.0%	26.5%	28.7%	23.0%	(4.2) ppt

* Also excludes scope impact

CONTACTS

ANALYSTS / INVESTORS
Thomas JACQUET: +33 1 49 02 12 58 – thomas.jacquet@coface.com
Rina ANDRIAMIADANTSOA: +33 1 49 02 15 85 – rina.andriamiadantsoa@coface.com

MEDIA RELATIONS
Saphia GAOUAOUI: +33 1 49 02 14 91 – saphia.gaouaoui@coface.com
Adrien BILLET: +33 1 49 02 23 63 – adrien.billet@coface.com

FINANCIAL CALENDAR 2025
(subject to change)

Annual General Shareholders’ Meeting: 14 May 2025
H1-2025 results: 31 July 2025 (after market close)
9M-2025 results: 3 November 2025 (after market close)

FINANCIAL INFORMATION
This press release, as well as COFACE SA’s integral regulatory information, can be found on the Group’s website: http://www.coface.com/Investors

For regulated information on Alternative Performance Measures (APM), please refer to our Interim Financial Report for H1-2024 and our 2024 Universal Registration Document (see part 3.7 “Key financial performance indicators”).

Regulated documents posted by COFACE SA have been secured and authenticated with the blockchain technology by Wiztrust.
You can check the authenticity on the website www.wiztrust.com.

COFACE: FOR TRADE
As a global leading player in trade credit risk management for more than 75 years, Coface helps companies grow and navigate in an uncertain and volatile environment.
Whatever their size, location or sector, Coface provides 100,000 clients across some 200 markets with a full range of solutions: Trade Credit Insurance, Business Information, Debt Collection, Single Risk insurance, Surety Bonds, Factoring.
Every day, Coface leverages its unique expertise and cutting-edge technology to make trade happen, in both domestic and export markets.
In 2024, Coface employed ~5,236 people and registered a turnover of €1.84 billion.

www.coface.com

COFACE SA is quoted in Compartment A of Euronext Paris
Code ISIN: FR0010667147 / Ticker: COFA

DISCLAIMER – Certain declarations featured in this press release may contain forecasts that notably relate to future events, trends, projects or targets. By nature, these forecasts include identified or unidentified risks and uncertainties, and may be affected by many factors likely to give rise to a significant discrepancy between the real results and those stated in these declarations. Please refer to chapter 5 “Main risk factors and their management within the Group” of the Coface Group’s 2024 Universal Registration Document filed with AMF on 5 April 2024 under the number D.25-0227 in order to obtain a description of certain major factors, risks and uncertainties likely to influence the Coface Group’s businesses. The Coface Group disclaims any intention or obligation to publish an update of these forecasts, or provide new information on future events or any other circumstance.

1 Return on average tangible equity
2 Also excludes scope impact
3 Book yield calculated on the average of the investment portfolio excluding non-consolidated subsidiaries.

Attachment

2025 05 05 PR results Q1-2025 COFACE

The MIL Network –

May 6, 2025

MIL-OSI Russia: Science in Action: Scientist from the State University of Management Scientists Speaks at a Forum in St. Petersburg

Translation. Region: Russian Federal

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

From April 28 to 29, Alexey Terentyev, Chief Researcher of the Scientific Research Coordination Department of the State University of Management, took part in the plenary session of the III International Scientific and Practical Conference “Modeling of Modern Information Systems in the Context of Digital Transformation”, which was held at the St. Petersburg State Transport University.

The conference participants were researchers, teachers, doctoral students, postgraduate students of universities, representatives of non-profit organizations, enterprises, IT companies, regional and federal government bodies. They discussed Russian and international experience, results and prospects for the development of mathematics and information technology in transport, the growth of scientific knowledge in the field of mathematical modeling, numerical methods and software packages.

A SMU scientist presented a report on the topic “Methods of decision-making theory under conditions of uncertainty for applied problems of transport logistics.”

On April 29, Alexey Terentyev visited the St. Petersburg Federal Research Center of the Russian Academy of Sciences (SPb FRC RAS) to exchange experience in fundamental areas of research in the field of decision theory.

As a result of fruitful communication, a common interest was identified in conducting joint research aimed at developing and elaborating original mathematical methods of modeling in complex control systems based on decision theory.

Subscribe to the TG channel “Our GUU” Date of publication: 05.05.2025

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.

MIL OSI Russia News –

May 6, 2025
MIL-OSI Russia: The Nizhny Novgorod Higher School of Economics has created simulators for government procurement

Translation. Region: Russian Federal

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

Specialists Faculty of Law HSE University – Nizhny Novgorod and invited experts (Larisa Pakhomova and Anastasia Selchenok) have developed a series of dialogue simulators for training public procurement specialists. Users will be able to effectively practice skills in this area and go through complex procedures in a safe virtual environment.

The Faculty of Law of the National Research University Higher School of Economics — Nizhny Novgorod has launched a series of dialogue simulators developed for training in the field of state and municipal procurement. This is a digital environment for practical mastery of complex procurement procedures under Federal Laws 44 and 223.

Dialogue simulators allow users — representatives of customers, suppliers, contractors and performers — to go through realistic scenarios that simulate real processes. This approach helps to learn the theoretical foundations and immediately put the acquired knowledge into practice.

The product is designed for public procurement specialists undergoing training at programs advanced training and professional retraining Center for Legal Support of Business, Public Procurement and Foreign Economic Activity HSE University – Nizhny Novgorod. The interactivity of the tool ensures high involvement of students, and the online format makes it possible to study at a convenient time and in any place.

“We sought to create a modern and useful tool for training specialists working with public procurement. We believe that practice is the best way to learn, especially in the legal field, where the consequences of mistakes can be quite significant,” said Anastasia Loginova, head of the center and deputy dean of the faculty of law at the National Research University Higher School of Economics – Nizhny Novgorod.

Currently, demo versions of simulators for testing knowledge of Federal Laws 44 and 223, allowing you to get acquainted with the functionality and evaluate the effectiveness of the methodology, are available free of charge.

The dialogue simulator “Management of state and municipal purchases” allows you to practice practical skills in purchasing goods within the framework of 44-FZ And 223-FZ. It offers the user to consistently go through the path from entering the purchase into the plan-schedule to the announcement of the winner and electronic certification. The simulator also contains tasks on 344-FZ in various pre-written scenarios. Practicing skills on the simulator will help to avoid mistakes and, accordingly, liability for violations in the field of public procurement, will teach you to identify unscrupulous suppliers at the stage of submitting applications, and also to accurately calculate the amount of the application security in order to prevent the appeal procedure in the future.

Passing the dialogue simulator «Tender specialist» will teach you how to correctly analyze procurement documentation, calculate the amount of costs for procurement support and costs for contract execution, as well as the full amount of financial costs. In practice, errors in such calculations can lead to undesirable consequences, including bankruptcy of the organization participating in the procurement, inclusion in the register of unscrupulous suppliers, or administrative liability.

Also available Contract Managers Simulator, working under 44-FZ.

Currently, the Faculty of Law of the National Research University Higher School of Economics – Nizhny Novgorod continues to develop the product, including creating simulators for legal practice.

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

MIL OSI Russia News –

May 6, 2025
MIL-OSI: Virtune announces change of Index Provider
Source: GlobeNewswire (MIL-OSI)

Stockholm, 5 May 2025 – Virtune announces that as of May 12, 2025, the index provider for Virtune’s existing index ETPs will change to MarketVector Indexes^TM (“MarketVector”). In addition, reference prices from MarketVector will be used for Virtune’s other ETPs.

Notice of changed service provider within Virtune’s ETP program
Virtune announces a change of index administrator, index calculation agent, and reference price provider to MarketVector for all of Virtune’s ETPs, which will be reflected in the updated final terms, available as of May 12, 2025.

Please note that this change does not affect investors or the trading of Virtune’s ETPs and no action is required from investors.

Change:
New index administrator, index calculation agent and reference price provider: MarketVector Indexes GmbH
Address: Voltastrasse 1, 60486 Frankfurt am Main, Germany

Index change as of May 12, 2025, with MarketVector as new index administrator and index calculation agent:

Virtune Crypto Top 10 Index ETP SEK (ISIN: SE0020052207): Change to Virtune Crypto Top 10 Index produced by MarketVector

Virtune Crypto Top 10 Index ETP EUR (ISIN: SE0020052215): Change to Virtune Crypto Top 10 Index produced by MarketVector

Virtune Crypto Altcoin Index ETP (ISIN: SE0023260716): Change to Virtune Crypto Altcoin Index produced by MarketVector

The methodology for the above indexes and their respective components will remain essentially unchanged from the previous indexes and therefore have no impact on investors in these ETPs. Virtune will remain the index sponsor for the above indexes.

Change of reference prices as of May 12, 2025, with MarketVector as new reference price provider:

The following ETPs will use reference prices from MarketVector to calculate the daily Net Asset Value. This change has no impact on investors in these ETPs:

● Virtune Bitcoin ETP (ISIN: SE0020845709)
● Virtune Staked Ethereum ETP (ISIN: SE0020541639)
● Virtune Staked Solana (ISIN: SE0021309754)
● Virtune Staked Polkadot ETP (ISIN: SE0021148129)
● Virtune XRP ETP (ISIN: SE0021486156)
● Virtune Avalanche ETP (ISIN: SE0022050092)
● Virtune Chainlink ETP (ISIN: SE0021149259)
● Virtune Arbitrum ETP (ISIN: SE0021310133)
● Virtune Staked Polygon ETP (ISIN: SE0021630217)
● Virtune Staked Cardano ETP (ISIN: SE0021630449)
● Virtune Litecoin ETP (ISIN: SE0023951082)

Press contact
Christopher Kock, VD Virtune AB (Publ)
Christopher@virtune.com
+46 70 073 45 64

About Virtune
Virtune with its headquarters in Stockholm is a regulated Swedish digital asset manager and issuer of crypto exchange traded products on regulated European exchanges. With regulatory compliance, strategic collaborations with industry leaders and our proficient team, we empower investors on a global level to access innovative and sophisticated investment products that are aligned with the evolving landscape of the global crypto market.

About MarketVector
MarketVector Indexes^TM (“MarketVector”) is a regulated benchmark administrator in Europe, registered in Germany and approved by the Federal Financial Supervisory
Authority (BaFin). MarketVector maintains indexes under the names MarketVectorTM, MVIS®️ and BlueStar®️. With a mission to drive innovation in indexing globally, MarketVector is especially known for its broad range of thematic indexes, long-standing expertise in real asset-linked equity indexes, and its pioneering family of digital asset indexes. MarketVector proudly partners with more than 25 issuers of exchange-traded products (ETPs) and index fund managers across global markets, with approximately USD 50 billion in assets under management.

Crypto investments are associated with high risk. Virtune does not provide investment advice. Investments are made at your own risk. Securities may increase or decrease in value, and there is no guarantee that you will recover your invested capital. Please read the prospectus, KID, terms at www.virtune.com.

Attachment
- Swedish-fsa-doc-eng-05-05-2025.pdf
The MIL Network –
May 6, 2025
MIL-OSI United Kingdom: Universal Periodic Review 49: UK Statement on Grenada
Source: United Kingdom – Executive Government & Departments

World news story

Universal Periodic Review 49: UK Statement on Grenada

UK Statement on Grenada, delivered at Grenada’s Universal Periodic Review at the Human Rights Council in Geneva.
Thank you Madame Vice-President,

The UK welcomes efforts by the government of Grenada to end violence experienced by women and girls through programmes like the UN-funded Spotlight Initiative which between 2020 and 2023 bolstered legislation and policy frameworks, strengthened institutions, improved access to services, and built capacity of civil society. We urge the government to improve implementation, challenge social norms built around hegemonic masculinity, and strengthen programmes within state-owned facilities such as the Cedars Home for Women so that participants can thrive independently upon completion.

Although civil society organisations representing a cross-section of groups and human rights interests remain active in Grenada, some believe government engagement is inconsistent. We therefore urge the government to create more inclusive platforms for human rights dialogue and aid the creation of laws and policies that protect and promote the rights of all Grenadians regardless of age, sex, gender, sexual orientation, or disability.

We recommend that Grenada:

Repeals legal discriminatory provisions against individuals based on their sexual orientation and gender identity, particularly those in the Sexual Offences Act and Criminal Code.

Ratifies and implements the Optional Protocol to the Convention on the Rights of Persons with Disabilities (OP-CRPD)

Ratifies the Optional Protocol to the Convention on the Elimination of Discrimination against Women (OP-CEDAW)

Thank you.

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Published 5 May 2025
MIL OSI United Kingdom –
May 6, 2025
MIL-OSI: Best Crypto Casinos 2025: JACKBIT Crowned as the Top Bitcoin Casino with Fast Payout & No KYC Policy
Source: GlobeNewswire (MIL-OSI)

MIAMI, May 05, 2025 (GLOBE NEWSWIRE) — We tried several crypto casinos, but many of them didn’t meet expectations. The bonuses were small, the game selection was limited, and the experience wasn’t very enjoyable. Then we came across JACKBIT, which was recommended by local casino players, and it made a real difference. Signing up was simple, the welcome bonus was generous, and crypto payouts were processed quickly. The platform offers a wide variety of games, and everything runs smoothly. JACKBIT truly stands out as one of the best options available.

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Minimum deposits range from $10-$20 (or crypto equivalent), making JACKBIT accessible to all budgets. High withdrawal limits ($10,000 weekly) cater to high rollers, reinforcing its status as one of the best crypto casinos. The platform’s use of blockchain technology ensures transparency, with transaction records verifiable on public ledgers, adding an extra layer of trust for players.

Bonuses and Promotions

JACKBIT welcomes new players with a 30% Rakeback bonus and 100 free spins on their first deposit, setting the tone for a rewarding experience. Ongoing promotions keep players engaged:
- Weekly Giveaways: $10,000 in cash prizes every week.
- Free Spins: 10,000 spins distributed regularly.
- VIP Program: A tiered loyalty system offering up to 30% Rakeback, personalized bonuses, higher withdrawal limits, and dedicated account managers.
- Social Media Bonuses: Exclusive offers for followers on platforms like Twitter and Telegram.
- Pragmatic Drops & Wins: A €2,000,000 prize pool for Pragmatic Play games.
- Tournaments: Regular slot and table game competitions with cash prizes.
- NBA Playoffs Cashback: Special offers for sports bettors.
- 3+1 FreeBet: A unique sports betting promotion.
These promotions provide exceptional value, making JACKBIT a top contender among the best crypto casinos. The VIP program, in particular, is designed to reward consistent play, with higher tiers unlocking exclusive perks like faster withdrawals and tailored promotions. This focus on player retention ensures that both casual and high-stakes players feel valued.

✅CLAIM YOUR 30% RAKEBACK BONUS AND 100 FREE SPINS

Security and Licensing

JACKBIT operates under a Curacao Gaming License, a common choice for crypto casinos due to its global reach and flexibility. While less stringent than Malta or UKGC licenses, it ensures regular audits for fairness. The platform uses SSL encryption to protect player data and blockchain technology for transparent transactions. Responsible gambling tools, including deposit limits, self-exclusion, and reality checks, promote safe play, solidifying JACKBIT’s reputation as a trustworthy choice among the best crypto casinos.

The Curacao license, while reputable, is sometimes viewed as less rigorous, but JACKBIT compensates with robust security measures. Regular third-party audits of its Random Number Generators (RNGs) ensure fair outcomes, and the platform’s provably fair games allow players to verify results independently. This commitment to transparency is a key reason JACKBIT is considered one of the best crypto casinos.

Exceptional User Experience

JACKBIT’s sleek, dark-themed website is intuitive and easy to navigate, with a responsive design that works seamlessly on desktops, tablets, and smartphones. No dedicated app is needed, as the mobile-optimized site supports all features, from slots to live betting. Customer support is available 24/7 via live chat in multiple languages (English, German, French, Spanish), with email support for complex queries. This player-centric approach makes JACKBIT a leader among the best crypto casinos.

The mobile experience is particularly noteworthy, with fast load times and smooth gameplay even on older devices. Players can access their accounts, make deposits, and claim bonuses on the go, ensuring flexibility and convenience. The multilingual support further enhances accessibility, catering to a global audience and reinforcing JACKBIT’s position as a top-tier platform.

Player Testimonials

Feedback from players on platforms like Trustpilot highlights JACKBIT’s strengths:
- “The no-KYC signup was a game-changer. I was playing in minutes!” – Alex, UK
- “The sportsbook is incredible, with so many live events to bet on.” – Maria, Canada
- “I’ve won big on their slots, and the cashback helps when luck isn’t on my side.” – Raj, India
- “Customer support is super responsive, even at 2 AM.” – Liam, Australia
While some players note the Curacao license as a drawback, the overwhelmingly positive feedback underscores JACKBIT’s place among the best crypto casinos. Negative reviews are minimal and often related to individual experiences, with the platform’s support team addressing concerns promptly.

How to Join JACKBIT Crypto Casino
- Starting your journey at JACKBIT is quick and hassle-free:
- Visit JACKBIT and click “Register” in the top-right corner.
- Enter your email, create a password, and choose a currency (no ID required).
- Make your first deposit using crypto or fiat methods.
- Claim the 30% Rakeback and 100 free spins welcome bonus.
- Dive into the 7,000+ games or sportsbook.
The process takes under five minutes, making JACKBIT one of the most accessible platforms among the best crypto casinos. Ensure you meet your jurisdiction’s legal gambling age (typically 18 or 19) before signing up. The no-KYC policy eliminates the need for document uploads, allowing players to focus on gaming rather than bureaucracy.

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Why No-KYC Casinos Like JACKBIT Are Revolutionizing Online Gambling in 2025

No-KYC casinos like JACKBIT offer distinct advantages:
- Anonymity: Play without sharing personal details, protecting your privacy.
- Speed: Instant registration and withdrawals, bypassing lengthy verification.
- Global Access: Available in regions with restrictive gambling laws.
- Ease of Use: Simplified signup for a hassle-free start.
However, players should choose licensed platforms like JACKBIT to ensure safety and fairness, reinforcing its status as one of the best crypto casinos. The no-KYC approach is particularly appealing in an era where data privacy concerns are paramount, allowing players to enjoy gambling without worrying about their personal information being compromised.

The Evolution of Crypto Casinos in 2025

The crypto casino industry is poised for significant growth in 2025, driven by several trends:
- Wider Crypto Adoption: As cryptocurrencies gain mainstream acceptance, more players are using them for gambling due to their speed and security.
- Blockchain Advancements: Decentralized platforms and smart contracts enhance transparency and automate processes like payouts.
- Regulatory Clarity: Evolving regulations are creating clearer frameworks, balancing player protection with innovation.
- Global Expansion: Crypto casinos can serve players in restricted regions, expanding their market reach.
- Technological Innovation: VR, AR, and enhanced mobile experiences are transforming gameplay, offering immersive environments.
JACKBIT is well-positioned to capitalize on these trends, continuously updating its platform to remain a leader among the best crypto casinos. For example, its integration of blockchain for transaction transparency aligns with the industry’s move toward decentralized systems, while its mobile optimization caters to the growing demand for on-the-go gaming.

The Impact of Blockchain on Crypto Casinos

Blockchain technology is a game-changer for the best crypto casinos, offering benefits beyond simple transactions. By recording every bet, win, and payout on a public ledger, blockchain ensures that players can verify the fairness of games independently. JACKBIT leverages this technology to offer provably fair games, where players can check the randomness of outcomes using cryptographic algorithms. This transparency builds trust, especially for skeptical players who may have encountered less reputable platforms in the past.

Additionally, blockchain enables smart contracts, which automate processes like bonus distribution and payouts. For instance, JACKBIT could use smart contracts to instantly credit Rakeback bonuses based on player activity, reducing manual intervention and errors. As blockchain technology evolves, we can expect best crypto casinos like JACKBIT to introduce even more innovative features, such as tokenized rewards or decentralized jackpots.

The Rise of Decentralized Gambling Platforms

Decentralized gambling platforms are an emerging trend in 2025, taking the concept of crypto casinos to the next level. Unlike traditional platforms, decentralized casinos operate on blockchain networks, eliminating the need for a central authority. This ensures greater transparency, as all transactions and game outcomes are recorded on the blockchain. While JACKBIT currently operates as a centralized platform, its use of blockchain for transactions and provably fair games positions it as a forward-thinking player in this space.

Decentralized platforms also offer enhanced privacy, as they often require minimal personal information. JACKBIT’s no-KYC policy aligns with this ethos, making it a natural fit for players interested in decentralized gambling. As the industry evolves, we may see JACKBIT explore fully decentralized models, further cementing its place among the best crypto casinos.

The Role of Cryptocurrencies in Global Accessibility

One of the most significant advantages of crypto casinos is their ability to serve players in regions where traditional online gambling is restricted. Cryptocurrencies bypass traditional banking systems, allowing players from countries with strict regulations to participate. JACKBIT’s support for 17+ cryptocurrencies makes it accessible to a global audience, from North America to Asia and beyond.

This global reach is particularly important in 2025, as more players seek alternatives to fiat-based casinos. By offering instant, fee-free crypto transactions, JACKBIT ensures that players can deposit and withdraw funds without delays or currency conversion fees. This accessibility is a key reason why JACKBIT is considered one of the best crypto casinos for international players.

Additional Features That Set JACKBIT Apart

JACKBIT offers unique features that enhance its appeal:
- Tournaments: Regular slot and table game competitions with cash prizes and free spins add a competitive edge.
- Demo Mode: Players can try games for free, perfect for testing strategies without risk.
- Multi-Language Support: Games and support in English, German, French, Spanish, and more cater to a global audience.
- Progressive Jackpots: Slots like Mega Moolah offer life-changing payouts.
- Community Engagement: Social media bonuses and tournaments foster a vibrant player community.
These features make JACKBIT a dynamic and engaging platform, solidifying its place among the best crypto casinos. The demo mode, in particular, is a boon for new players, allowing them to familiarize themselves with games before wagering real money. Meanwhile, tournaments create a sense of camaraderie, with leaderboards showcasing top performers and encouraging friendly competition.

Community and Social Engagement

JACKBIT’s commitment to community engagement sets it apart from many competitors. Through active social media presence on platforms like Twitter and Telegram, the casino offers exclusive bonuses and keeps players informed about new games and promotions. These social media bonuses, such as free spins or deposit matches, reward players for engaging with the brand, creating a sense of loyalty.

The platform also hosts regular tournaments that bring players together, whether they’re competing for cash prizes in slot races or climbing the leaderboard in live dealer challenges. Player reviews on sites like AskGamblers highlight the excitement of these events, with many praising JACKBIT’s ability to foster a vibrant community. This focus on engagement is a hallmark of the best crypto casinos, as it enhances the overall player experience.

The Importance of Mobile Gaming

In 2025, mobile gaming is a critical component of the online casino experience, with more players accessing platforms via smartphones and tablets. JACKBIT’s mobile-optimized platform is a standout, offering seamless gameplay without the need for a dedicated app. Whether you’re spinning slots on a commute or placing live bets during a match, the mobile site delivers fast load times and intuitive navigation.

The mobile platform supports all features, including deposits, withdrawals, and bonus claims, ensuring that players have full access to JACKBIT’s offerings on the go. This commitment to mobile excellence is a key reason why JACKBIT is ranked among the best crypto casinos, as it caters to the modern player’s need for flexibility and convenience.

Responsible Gambling at JACKBIT

JACKBIT prioritizes player well-being with robust responsible gambling tools:
- Deposit Limits: Set daily, weekly, or monthly caps to control spending.
- Self-Exclusion: Temporarily or permanently suspend your account.
- Reality Checks: Periodic reminders of playtime and spending.
- Support Resources: Links to organizations like GamCare and Gambling Therapy.
These measures ensure JACKBIT remains a safe and enjoyable platform, aligning with the standards of the best crypto casinos. The platform’s proactive approach to responsible gambling reflects its commitment to player welfare, ensuring that gaming remains a fun and controlled activity.

Why JACKBIT Excels in Sports Betting

JACKBIT’s sportsbook is a major draw, offering:
- Extensive Coverage: 140+ sports, including niche options like table tennis and eSports.
- Live Betting: 82,000+ monthly events with real-time odds and streaming for select matches.
- Betting Variety: 4,500+ options, from moneylines to prop bets.
- Competitive Odds: Regularly updated to maximize value.
This comprehensive sportsbook makes JACKBIT a top choice for sports enthusiasts among the best crypto casinos. The live betting feature, in particular, adds excitement, allowing players to place wagers as events unfold. The availability of streaming for select matches enhances the experience, making JACKBIT a one-stop shop for sports betting.

The Growing Popularity of eSports Betting

eSports betting is a rapidly growing segment of the online gambling industry, and JACKBIT is at the forefront of this trend. With betting options for popular titles like Dota 2, Counter-Strike, and League of Legends, the platform caters to a younger demographic of gamers-turned-bettors. The sportsbook’s eSports section includes live events, pre-match betting, and competitive odds, making it a favorite among fans.

The rise of eSports betting reflects the broader shift toward digital entertainment, with millions of viewers tuning into tournaments worldwide. JACKBIT’s inclusion of eSports in its sportsbook demonstrates its adaptability, ensuring it remains a leader among the best crypto casinos in 2025.

The Role of Software Providers

JACKBIT’s partnerships with top providers ensure high-quality gameplay:
- NetEnt: Known for visually stunning slots like Starburst.
- Microgaming: Offers iconic titles like Mega Moolah.
- Evolution Gaming: Powers the live casino with professional dealers.
- Pragmatic Play: Delivers engaging slots and Drops & Wins promotions.
- Betsoft: Provides 3D slots with cinematic appeal.
These collaborations guarantee a premium gaming experience, reinforcing JACKBIT’s status as one of the best crypto casinos. The diversity of providers ensures a wide range of game styles, from high-volatility slots to low-stakes table games, catering to all player preferences.

The Impact of Live Dealer Games

Live dealer games have become a staple of the best crypto casinos, offering an authentic casino experience from the comfort of home. JACKBIT’s live casino, powered by Evolution Gaming and Pragmatic Play, features a variety of tables with different betting limits, ensuring accessibility for both casual players and high rollers. The real-time interaction with dealers and other players adds a social element, making live games a highlight of the platform.

Popular live dealer games at JACKBIT include Immersive Roulette, Lightning Blackjack, and No Commission Baccarat, each offering unique features like multipliers or side bets. The high-definition streaming and professional dealers create an immersive environment, rivaling the experience of a land-based casino. This focus on live gaming is a key reason why JACKBIT is considered one of the best crypto casinos.

✅YOUR JACKPOT JOURNEY BEGINS HERE – TRY JACKBIT NOW

JACKBIT – The Best Crypto Casinos in 2025

JACKBIT is the undisputed leader among the best crypto casinos in 2025, offering an unrivaled combination of privacy, game variety, and rewards. Its no-KYC policy, 7,000+ games, and innovative bonuses make it the ultimate destination for crypto gamblers.

Whether you’re spinning slots, betting on sports, or chasing jackpots, JACKBIT delivers a world-class experience. Join today at JACKBIT and discover why it’s the top choice for online gaming in 2025.

Frequently Asked Questions

1. What makes a crypto casino different from a traditional one?

A: Crypto casinos use digital currencies for transactions, offering faster payouts, lower fees, and greater privacy. JACKBIT, one of the best crypto casinos, exemplifies this with its no-KYC policy and 17+ crypto options.

2. Why is JACKBIT considered the top crypto casino in 2025?

A: It’s a no-KYC approach, 7,000+ games, 30% Rakeback, and an extensive sportsbook make JACKBIT a standout among the best crypto casinos.

3. How does JACKBIT ensure player privacy?

A: By skipping KYC requirements, JACKBIT allows anonymous play while using SSL encryption and blockchain for security.

4. Can beginners easily navigate JACKBIT?

A: Yes, its intuitive interface and demo mode make it beginner-friendly, earning it a spot among the best crypto casinos.

5. How does JACKBIT promote fair play?

A: Provably fair algorithms and a Curacao Gaming License ensure unbiased outcomes.

6. What support options are available at JACKBIT?

A: 24/7 live chat in multiple languages and email support ensure quick resolutions.

7. How does JACKBIT’s VIP program work?

A: Players earn points through wagers, unlocking up to 30% Rakeback, exclusive bonuses, and priority support.

EMAIL: support@JACKBIT.com

Disclaimers

General Disclaimer: This article is for informational and entertainment purposes only, not legal or financial advice. Content is based on research and user reviews. Verify information before acting.

Casino and Gambling Disclaimer: Online gambling carries risks and isn’t suitable for everyone. Confirm you’re of legal gambling age in your jurisdiction. Gambling laws vary, and compliance is your responsibility. We don’t promote gambling; participation is at your own risk. JACKBIT is a third-party platform, and we’re not liable for losses or disputes.

Affiliate Disclosure: This article may include affiliate links, earning us a commission at no cost to you for qualifying actions. These support our content. Our reviews are unbiased, and we recommend only valuable products. Conduct your own research before signing up.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d1b781cf-797f-41a8-b047-adf4bc057049

The MIL Network –
May 6, 2025
MIL-OSI United Kingdom: expert reaction to study of how adolescents with and without mental health conditions use social media

Source: United Kingdom – Executive Government & Departments

May 5, 2025

A study published in Nature Human Behaviour looks at social media use in adolescents with and without mental health conditions.

Prof Chris Ferguson, Professor of Psychology, Stetson University, said:

“Overall, I find this to be a basic, but overall well-done study by a reputable research group. There are some limits to this study, which the authors themselves acknowledge. The data is self-report, and that has been shown to sometimes relate to false positive correlations in some studies. I found the evidence overall to be rather inconsistent and hard to interpret as making any kind of solid conclusion one way or another. Most of the effect sizes are very, very small so that even if they are unlikely to be statistical noise, they are probably still too small to base any firm conclusions or policy on. Overall, I’d say there may be very tiny differences in some behaviours, between kids with or without mental health symptoms and their social media use. But, overall, these are pretty gossamer and much less critical than most of the public has tended to think.”

‘Social media use in adolescents with and without mental health conditions’ by Luisa Fassi et al. was published in Nature Human Behaviour at 16:00 UK time on Monday 5^th May.

DOI: https://doi.org/10.1038/s41562-025-02134-4

Declared interests

Prof Chris Ferguson: No declarations

MIL OSI United Kingdom –

May 6, 2025
MIL-OSI United Kingdom: New City Art Centre exhibition explores Scottish art in the wake of war

Source: Scotland – City of Edinburgh

Out of Chaos: Post-War Scottish Art 1945 – 2000
17 May 2025 – 12 October 2025
Free Admission

Opening this summer, the City Art Centre presents Out of Chaos: Post-War Scottish Art 1945 – 2000, a compelling new exhibition that charts the story of Scottish art in the tumultuous years following the Second World War. Featuring over 60 works—paintings, drawings, prints, sculptures, and photographs—the exhibition draws exclusively from the City Art Centre’s acclaimed collection of Scottish art.

The exhibition brings together work from some of the most significant artists of the period, including Wilhelmina Barns-Graham, John Bellany, Elizabeth Blackadder, John Byrne, Calum Colvin, Victoria Crowe, Alan Davie, Pat Douthwaite, Joan Eardley, Ian Hamilton Finlay, William Gillies, Morris Grassie, Peter Howson, William Johnstone, Bet Low, Will Maclean, Alexander Moffat, James Munro, Eduardo Paolozzi, Tom Pow, Barbara Rae, Anne Redpath, Jon Schueler, and Maud Sulter.

The post-war era was a period of seismic shifts – political and social, scientific and cultural. Emerging from the events of the Second World War, communities lived with the legacies of conflict while looking ahead to the future. Contemporary artists responded to these rapidly changing times, addressing both traditional and modern themes in their work as they pushed the boundaries of creativity. By the end of the century, the artistic landscape was entirely transformed.

Timed to complement the forthcoming exhibition John Bellany: A Life in Self-Portraiture, Out of Chaos offers broader context to Bellany’s career by surveying the major movements and developments in post-war Scottish art. Visitors will explore a wide range of approaches, from figurative and landscape art to abstraction, pop art, and the rise of new media.

Among the highlights are a wind-swept Catterline landscape by Joan Eardley, a bronze cast of the haunting sculpture Horse’s Head by Eduardo Paolozzi, a large-scale environmental triptych by Elizabeth Ogilvie, and the avant-garde Fallen Angels, a rare surviving painting by Tom Pow.

The exhibition also introduces several recent acquisitions, such as Alan Robb’s striking Surrealist-inspired oil painting Cool House, James Munro’s sleek 1980s sculpture Pick Up Trio, and Morris Grassie’s preparatory sketches for The Sou’Westers, Arbroath. Notably, a drawing by Milein Cosman capturing the first-ever Edinburgh International Festival in 1947 will be on display for the first time at the City Art Centre.

Curator Dr Helen Scott said:

Between 1945 and 2000 far-reaching changes took place across politics, society, culture and science, and contemporary artists were compelled to react to these developments – from the tensions of the Cold War to the rise of mass consumerism and popular culture. Artists working through these years analysed and questioned everything, repeatedly challenging conventions and reshaping the artistic landscape. Looking back now, the pace of change was incredible.

I’m really looking forward to sharing this exhibition with our visitors – both those who lived through this dynamic period and younger generations as well. There is a wide array of artistic forms and styles on display here, so really there’s something for everyone.

Council Leader Jane Meagher, City of Edinburgh Council said:

Out of Chaos offers a powerful reflection on how Scottish artists responded to a rapidly changing world. These works capture the resilience, imagination, and innovation that shaped the nation’s cultural identity in the post-war era.

The City Art Centre continues to champion our cultural heritage, and Out of Chaos is a powerful reminder of how art helps us understand and navigate times of change.

The exhibition opens on Saturday 17 May 2025, and continues until 12 October 2025. Admission is free.

MIL OSI United Kingdom –

May 6, 2025
MIL-OSI USA: GAO Makes MACPAC Appointments

Source: US Government Accountability Office

WASHINGTON (May 5, 2025)—Gene L. Dodaro, Comptroller General of the United States and head of the U.S. Government Accountability Office (GAO), today announced the appointment of two new members to the Medicaid and CHIP Payment and Access Commission (MACPAC). Four members were also reappointed.

“I am honored to appoint our two newest members to this important commission and to welcome back our reappointed members,” Dodaro said. “Their valuable expertise and commitment to public service will enhance MACPAC’s role in providing Congress with thoughtful, evidence-based guidance on Medicaid and the Children’s Health Insurance Program (CHIP).”

The newly appointed members are April Hartman and Anne Karl. Their terms will expire in April 2028. In addition, current members Sonja Bjork, Jennifer Gerstorff, Angelo Giardino, and Dennis Heaphy were reappointed to new terms, which will also expire in April 2028.

The Children’s Health Insurance Program (CHIP) Reauthorization Act of 2009 established MACPAC to review Medicaid and CHIP access and payment policies and to advise Congress on issues affecting Medicaid and CHIP. The Act directs the Comptroller General to appoint MACPAC’s members. Brief biographies of the new commission members follow.

April Hartman, MD, FAAP is a board-certified general pediatrician with over 25 years of clinical experience in both rural and urban settings. She serves as Professor and Division Chief of General Pediatric and Adolescent Medicine at the Medical College of Georgia at Augusta University. She currently chairs the Medicaid Task Force for the Georgia Chapter of the American Academy of Pediatrics; serves as President of the Board of Directors for Child Enrichment, Inc.; and is the Medical Liaison for Resilient Communities of East Georgia. Dr. Hartman earned her medical degree from Meharry Medical College in Nashville, Tennessee.

Anne Karl, JD, is a partner at Manatt Health with 15 years of experience in health care. She advises states and providers across the country on a wide range of Medicaid and CHIP issues. Ms. Karl has expertise with complex Medicaid payment and financing issues. She also leads teams that support states as they develop, negotiate, and implement Medicaid 1115 waivers. Ms. Karl received her law degree from Yale Law School.

For more information about MACPAC, contact Kate Massey, MACPAC’s executive director, at (202) 350-2000. Other questions should be directed to Sarah Kaczmarek, Managing Director of GAO Public Affairs at media@gao.gov.

#####

The Government Accountability Office, known as the investigative arm of Congress, is an independent, nonpartisan agency that exists to support Congress in meeting its constitutional responsibilities. GAO also works to improve the performance of the federal government and ensure its accountability to the American people. The agency examines the use of public funds; evaluates federal programs and policies; and provides analyses, recommendations, and other assistance to help Congress make informed oversight, policy, and funding decisions. GAO provides Congress with timely information that is objective, fact-based, nonideological, fair, and balanced. GAO’s commitment to good government is reflected in its core values of accountability, integrity, and reliability.

MIL OSI USA News –

May 6, 2025
MIL-OSI Video: Upskill workers to protect ‘employability, not jobs’: Adecco Exec

Source: World Economic Forum (video statements)

Adecco president Christophe Catoir got started at the staffing giant as an intern. He’s had a front-row seat for the biggest trends shaping work ever since. He shares the insights from the firm’s annual skilling report, sharing sobering statistics on the share of workers globally who have been trained in AI so far and what’s needed to keep workers both engaged and employed in an upskilling cycle that will be continuous. He also shares his thoughts on how leaders in remote and hybrid workplaces will need to reevaluate how they coach and train teams, how apprenticeship thinking can help, and how his own career journey has changed him as a leader.

This interview was recorded in January 2025 at the World Economic Forum Annual Meeting in Davos, Switzerland.

About this podcast:
Adecco: https://www.adecco-jobs.com/

Transcript: https://www.weforum.org/podcasts/meet-the-leader/episodes/christophe-catoir-Adecco-upskilling-ai-jobs

Related Podcasts:
Meet The Leader – Adam Grant: Future leaders won’t succeed without this key trait https://www.youtube.com/watch?v=buVVIpttzUA

Meet The Leader – How leaders can prepare teams for the future of work: ADP’s Chief Economist: https://www.youtube.com/watch?v=ShvNPomJ4mE&t=508s
__________________________________________________________________

The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.

World Economic Forum Website ► http://www.weforum.org/
Facebook ► https://www.facebook.com/worldeconomicforum/
YouTube ► https://www.youtube.com/wef
Instagram ► https://www.instagram.com/worldeconomicforum/
Twitter ► https://twitter.com/wef
LinkedIn ► https://www.linkedin.com/company/world-economic-forum
TikTok ► https://www.tiktok.com/@worldeconomicforum
Flipboard ► https://flipboard.com/@WEF

#WorldEconomicForum

https://www.youtube.com/watch?v=sVPp3zLil4s

MIL OSI Video –

May 6, 2025

Date	Repurchased shares	Average price	Repurchased value
April 30, 2025	4,177	€ 423.50	€ 1,768,960
May 2, 2025	3,754	€ 442.03	€ 1,659,386
Total	7,931	€ 432.27	€ 3,428,346

Category: Europe

Universal Periodic Review 49: UK Statement on Grenada

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May 5, 2025