Category: Europe

  • MIL-OSI Russia: 14 Palestinians killed in Israeli airstrike in southern Gaza – sources

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    GAZA, July 21 (Xinhua) — At least 14 Palestinians, including a civil defense worker, were killed Sunday in an Israeli airstrike on a college building west of Khan Younis in the southern Gaza Strip, Palestinian sources said.

    Israeli warplanes fired at least one missile at a building housing displaced people in the al-Mawasi area west of Khan Younis, witnesses said.

    Doctors told Xinhua that all the bodies found, as well as the wounded, were taken to hospitals.

    The airstrike killed civil defense officer Hani al-Dabour and wounded several members of his team, according to a local government statement. The government called on the international community to fulfill its obligations to “stop Israel’s crimes and ensure full protection for the work crews.”

    In a statement on Sunday, the Israel Defense Forces (IDF) said that the paratroopers’ brigade, under the command of the 36th Division, had completed its mission in the Khan Yunis area of the Gaza Strip.

    “During the operation, the troops eliminated the terrorists in hand-to-hand combat and in cooperation with the Israeli Air Force. They destroyed the terrorists’ infrastructure, including military installations, weapons and explosives depots,” the statement said.

    Israel resumed military operations in the Gaza Strip on March 18. Since then, at least 8,066 Palestinians have been killed and 28,939 wounded. The total number of deaths since October 2023 has reached 58,895, with 140,980 injured, the enclave’s health authorities said on Sunday. –0–

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

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    MIL OSI Russia News

  • MIL-OSI Russia: New clashes break out in Syria’s As-Suwayda province

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    DAMASCUS, July 21 (Xinhua) — Fierce clashes broke out between Druze militias and Bedouin tribes supporting the interim government in rural areas of southern Syria on Sunday, threatening a fragile ceasefire in the region, activists said.

    The Britain-based Syrian Observatory for Human Rights said large numbers of Bedouin reinforcements had gathered in the villages of Bustan, Dama and Najran, and there were signs of preparations to storm neighbouring Druze areas.

    Heavy fighting broke out in the towns of Arika and Umm al-Zeitoun, located along the Damascus-Suwayda highway, with Bedouins reportedly burning homes and looting property. The violence led to the closure of two key roads, further increasing tensions in the already volatile area.

    An expected prisoner exchange between the two sides was called off after mortar shells, believed to have been fired from Bedouin positions, landed near the planned transfer site.

    At least 1,120 people have been killed since fighting began on July 13, according to the observatory, including more than 100 civilians and dozens of government troops. For now, tensions remain high in the region and the ceasefire remains in jeopardy. –0–

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

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    MIL OSI Russia News

  • MIL-OSI Russia: On July 21–22, Mikhail Mishustin will make a working visit to the Far Eastern Federal District

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – Government of the Russian Federation –

    An important disclaimer is at the bottom of this article.

    On July 21, Mikhail Mishustin will inspect the new airport terminal complex under construction at the international airport in Blagoveshchensk, the automobile checkpoint across the state border in Kani-Kurgan, and the customs and logistics terminal “Kani-Kurgan”. The Prime Minister’s program also includes a visit to a social and cultural facility.

    Mikhail Mishustin will meet with the Governor of the Amur Region Vasily Orlov.

    The Minister of Transport Andrei Nikitin and the Minister for the Development of the Far East and the Arctic Aleksei Chekunkov will take part in the events of the trip.

    On July 22, the Prime Minister will hold a meeting in Chita on the issue of “Development of grain exports”. Mikhail Mishustin will also visit the Zabaikalsky Krai Perinatal Center.

    The Prime Minister’s schedule includes a meeting with the Governor of the Zabaikalsky Krai, Alexander Osipov.

    The events of the trip will be attended by the Minister of Agriculture Oksana Lut, the Minister of Health Mikhail Murashko, the Minister of Transport Andrei Nikitin, and the Minister for the Development of the Far East and the Arctic Alexei Chekunkov.

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

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    MIL OSI Russia News

  • MIL-OSI Russia: The government will provide additional funding for the project to create a comfortable urban environment in the Saratov region

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – Government of the Russian Federation –

    An important disclaimer is at the bottom of this article.

    Order dated July 17, 2025 No. 1929-r

    Document

    Order dated July 17, 2025 No. 1929-r

    The government continues to assist regions in creating a comfortable urban environment. An additional 1 billion rubles will be allocated for bank protection and subsequent construction of the Volgograd Reservoir embankment in Saratov. An order to this effect has been signed.

    Financing from the Government’s reserve fund will speed up the pace of work. Thus, it is expected that by the end of 2025, the work of the second stage of coastal protection of the section from the first berth to the Zaton solarium will be fully completed, as well as 70% of the work of the third stage. Thus, the commissioning of the facility will be possible as early as September 2026, and not in 2027, as previously planned.

    The creation of a full-fledged coastal protection belt will allow the embankment built on it to be used as a new public and cultural center for the residents of Saratov.

    Federal funds are allocated to the Saratov Region on a co-financing basis. The work is being carried out within the framework of the federal project “Assistance to the development of infrastructure of the subjects of the Russian Federation (municipalities)”.

    The issues of embankment reconstruction were discussed during working visit of the Prime Minister to the Saratov Region in September 2021“We will definitely support a project that will help create a comfortable urban environment,” Mikhail Mishustin emphasized.

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

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    MIL OSI Russia News

  • MIL-OSI Russia: Mikhail Mishustin inspected the automobile checkpoint across the state border Kani-Kurgan

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – Government of the Russian Federation –

    An important disclaimer is at the bottom of this article.

    The Prime Minister got acquainted with the progress of the border crossing reconstruction and visited the Kanikurgan customs and logistics terminal.

    Mikhail Mishustin inspected the automobile checkpoint across the state border of Kani-Kurgan. With the Minister of the Russian Federation for the Development of the Far East and the Arctic Alexey Chekunkov, the Minister of Transport Andrey Nikitin, the Governor of the Amur Region Vasily Orlov and the Head of the Border Department of the FSB of Russia for the Amur Region Yevgeny Trukhanov

    Kani-Kurgan is one of the key border crossings on the Russian-Chinese border. On June 10, 2022, the official ceremony of opening the movement of freight transport through the border bridge crossing took place and the first trucks went through the Kani-Kurgan-Heihe checkpoint. The nature of the international traffic is freight and passenger.

    Currently, a temporary scheme of operation of the automobile checkpoint (ACP) with restrictions on infrastructure and throughput capacity has been implemented on the Russian side. The temporary scheme was created for the period until the completion of the creation of the permanent ACP Kani-Kurgan. At the same time, on the Chinese side, a permanent ACP with a throughput capacity of 1,100 vehicles per day operates.

    To launch the movement of freight transport in the conditions of the temporary scheme of work of the APP Kani-Kurgan, the service “Electronic queue for vehicles” was created. With the efforts of the attracted investor, at a distance of 4 km from the APP, an accumulation site for 250 trucks for registration and waiting for departure to the checkpoint was equipped. Own software for managing the process of formation of the queue of vehicles was developed and implemented.

    As of July 7, 2025, over 170 thousand vehicles have crossed the bridge during the entire period of operation. This year, the maximum level of traffic flow was recorded in May and amounted to 7943 vehicles, and the average daily figure was 265 vehicles per day.

    Packaging, tires, auto parts, equipment, building materials, clothing, electrical appliances, wheeled special equipment and cars are imported through the border bridge crossing. Soybean and sea buckthorn oil, legumes, lumber, veneer, cosmetics, raw materials for Chinese traditional medicine, and dry milk are exported.

    Since August 2023, transportation of dangerous goods has been open. Helium, liquefied natural gas (LNG), liquefied petroleum gas (LPG) are currently exported. In 2025, the export flow of transport with dangerous goods increased from 91 vehicles in January to 225 vehicles in June.

    In addition, a regular international passenger route between the cities of Blagoveshchensk and Heihe was opened via the bridge on December 10, 2024.

    Mikhail Mishustin during a working trip to the Far East in August 2020 inspected the new Blagoveshchensk-Heihe international road bridge and talked to the builders.

    The Kanikurgan customs and logistics terminal was put into operation in the fourth quarter of 2023. Total area – 180 thousand sq. m. Usable area of the temporary storage warehouse – 22 thousand sq. m. Capacity – simultaneous placement of at least 600 large-capacity vehicles.

    Drive

    Mikhail Mishustin inspected the new airport complex of the Blagoveshchensk International Airport (Ignatievo) named after N.N. Muravyov-Amursky

    The terminal provides comprehensive customs services for import and export cargo flows all year round, 24 hours a day. The complex includes 2 sites:

    — cargo clearance and customs control area. There is a temporary storage warehouse with an area of 3 thousand square meters. The premises provide a loading area for all types of vehicles, rack storage of cargo is organized, and a fleet of equipment has been purchased;

    — a cargo complex. It has 2 transshipment terminals, cold and dry warehouses, including a multi-temperature one.

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

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    MIL OSI Russia News

  • MIL-OSI Russia: Mikhail Mishustin inspected the new airport complex of the Blagoveshchensk International Airport (Ignatievo) named after N.N. Muravyov-Amursky

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – Government of the Russian Federation –

    An important disclaimer is at the bottom of this article.

    The Prime Minister got acquainted with the progress of reconstruction of the airport terminal complex and the airfield runway during a working visit to the Amur Region.

    Previous news Next news

    Mikhail Mishustin inspected the new airport complex of the Blagoveshchensk International Airport (Ignatievo) named after N.N. Muravyov-Amursky

    Construction work on the new airport complex in Blagoveshchensk began in 2023. To date, the installation of the building’s metal structures and 3,000 square meters of wall sandwich panels has been completed, and the installation of facade and stained glass structures is underway. Work is underway inside the building to erect partitions and engineering systems.

    The airport’s landscaping area is underway. Its park section will be converted into a recreational area of over 5,500 square meters. It will feature an amphitheater with a canopy, a rock garden, benches, and gazebos for storing luggage carts. The renovated landscaping area will be put into operation in the third quarter of this year.

    To date, the modernization of the airfield complex has been almost completely completed using federal budget funds. A new artificial runway, 3,000 m long and 45 m wide, capable of accommodating all types of aircraft, is already being successfully used. It received its first flight in December 2023. A new taxiway, aprons, treatment facilities, an emergency rescue station, and a patrol road have also been put into operation.

    The small aircraft apron is currently being reconstructed. Two more taxiways are planned to be put into operation by the end of the year.

    Over 6 years, the passenger flow of Blagoveshchensk airport has grown more than 2.2 times – from 418 thousand people in 2018 to 928 thousand in 2024. More than a million passengers are expected in 2025.

    Since May 2025, the regional highway Blagoveshchensk – Bibikovo, which connects the regional capital with the Ignatievo International Airport, has also been reconstructed. The project provides for the expansion of the road to four lanes and the separation of flows, as well as a comprehensive modernization of utility networks and outdoor lighting systems, the reconstruction of communication networks, electrical and heating networks, the organization of storm sewers and water drainage.

    Today, the section of the Blagoveshchensk-Bibikovo road, running from the regional capital to the settlement of Aeroport, is the busiest highway in the region.

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

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    MIL OSI Russia News

  • MIL-OSI USA: SPC Jul 21, 2025 0600 UTC Day 2 Convective Outlook

    Source: US National Oceanic and Atmospheric Administration

    SPC AC 210502

    Day 2 Convective Outlook
    NWS Storm Prediction Center Norman OK
    1202 AM CDT Mon Jul 21 2025

    Valid 221200Z – 231200Z

    …THERE IS A SLIGHT RISK OF SEVERE THUNDERSTORMS TUESDAY INTO
    TUESDAY NIGHT ACROSS PARTS OF SOUTHEASTERN NORTH
    DAKOTA…NORTHEASTERN SOUTH DAKOTA…MUCH OF CENTRAL MINNESOTA…AND
    ADJACENT NORTHWESTERN WISCONSIN…

    …SUMMARY…
    Scattered strong thunderstorm development may impact parts of the
    northern Rockies and Great Plains into Upper Midwest Tuesday into
    Tuesday night, posing at least some risk for severe weather.

    …Discussion…
    Models continue to indicate that an increasingly prominent mid-level
    high will evolve across parts of the middle Mississippi/lower Ohio
    Valley region during this period, within persistent ridging
    encompassing much of the interior U.S. Modest, anticyclonic flow
    around the northern periphery of the broader ridging is likely to be
    maintained across the northern Great Basin through the Dakotas and
    Upper Midwest, Great Lakes and adjacent portions of Ontario and
    Quebec. It appears that mid-level ridging will also remain prominent
    across much of the northeastern Pacific, though it may begin to
    undergo some suppression.

    Between the ridging, weak mid-level troughing is likely to linger
    across the Pacific coast vicinity. As one much more significant
    short wave trough and embedded cyclone in higher latitudes progress
    slowly toward the Hudson Bay vicinity, it still appears that one
    smaller-scale short wave perturbation emerging from the Pacific
    Northwest may accelerate across and northeast of the mountains of
    western Montana. However, models now generally indicate that a
    slightly stronger perturbation may linger to the southwest, across
    the northern intermountain region.

    In lower levels, a cold front trailing the higher latitude cyclone
    is forecast to advance across the international border into the
    northern Great Plains late Tuesday into Tuesday night. It appears
    another cold front may make further progress southward though the
    southern Atlantic coast vicinity, well south of the mid-latitude
    westerlies.

    …Northern Rockies/Great Plains into Upper Midwest…
    Beneath the warm mid-level ridging, in the wake of a prior frontal
    passage, seasonably moist boundary layer air is forecast to surge
    from the middle Missouri Valley and adjacent Great Plains toward the
    Upper Midwest/adjacent Great Lakes, in advance of the front
    approaching from the Canadian Prairies. This moisture appears
    likely to once again contribute to moderate to large potential
    instability within modestly deep pre-frontal surface troughing,
    aided by insolation and the presence of generally steep tropospheric
    lapse rates, though with warm, capping layers aloft.

    Near the southern periphery of a belt of strengthening southwesterly
    mid-level flow, it still appears that this environment will become
    at least conditionally supportive of organized convective
    development. However, south of the international border, forcing
    for ascent to support convective development is likely to be mostly
    tied to subtle perturbations progressing around the northern
    periphery of the mid-level ridging, which remain uncertain at this
    time.

    There does appear a general consensus that stronger boundary-layer
    heating, within the lee surface troughing, will occur roughly in a
    narrow corridor from the western South Dakota/Nebraska state border
    vicinity through northeastern South Dakota/adjacent west central
    Minnesota by late afternoon, with a zone of strengthening
    differential heating extending east-southeastward across central
    Minnesota. It is possible that the boundary intersection could
    become a focus for isolated late afternoon supercell development,
    with warm advection along the zone of differential surface heating,
    aided by a strengthening southerly low-level jet impinging on it,
    contributing to an upscale growing cluster of storms Tuesday
    evening. However, due to the warm and capping air aloft, and
    possible weak upper support for ascent, this remains rather
    uncertain.

    With a more substantive short wave perturbation lingering back
    across the northern intermountain region, models suggest that more
    substantive destabilization is possible on moistening low-level
    northeasterly to easterly flow into the higher terrain of south
    central through southeastern Montana. Aided by the pronounced
    veering of winds from near surface to mid-levels, it appears that
    deep-layer shear may become conducive to isolated to widely
    scattered supercell development late Tuesday afternoon and evening.

    …South Carolina into Georgia…
    Although lapse rates may be modest, high moisture content
    along/ahead of the slowly southwestward advancing cold front may
    support the development of modest CAPE and contribute to an
    environment conducive to convection capable of producing a few
    strong downbursts. It is also possible that unsaturated layers may
    be sufficient to contribute to broader cold pools accompanied by
    potentially damaging winds along the gust fronts.

    ..Kerr.. 07/21/2025

    CLICK TO GET WUUS02 PTSDY2 PRODUCT

    NOTE: THE NEXT DAY 2 OUTLOOK IS SCHEDULED BY 1730Z

    MIL OSI USA News

  • MIL-OSI Europe: EU adopts new sanctions against Russia

    Source: Government of Sweden

    The EU has today adopted an 18th sanctions package in response to Russia’s war of aggression against Ukraine. This package contains a number of new and expanded measures to limit Russia’s energy revenues and the shadow fleet. These measures include lowering the oil price cap from USD 60 to USD 47.6 per barrel.

    MIL OSI Europe News

  • MIL-OSI United Kingdom: Powerful water ombudsman to support customers with complaints

    Source: United Kingdom – Government Statements

    Press release

    Powerful water ombudsman to support customers with complaints

    Environment Secretary Steve Reed to establish consumer champion with legal powers as part of ‘root and branch’ reform

    Water customers will have more support than ever before when faced with leaking pipes, incorrect bills or water supply issues, Environment Secretary Steve Reed has announced today (Monday 21 July)

    It comes as the government is set to reestablish partnership between water companies, investors and communities to keep our waters clean.

    The government will create a water ombudsman with legal powers to protect customers in disputes with their water company. Customers will be able to use a single, free point of contact.  

    It will build on the Consumer Council for Water’s role, which is currently voluntary for water companies to follow. The changes will bring dispute resolution processes for water in line with other utilities – like energy – and are part of the government’s actions to put customers at the heart of water regulation.

    Steve Reed is expected to announce ‘root and branch’ reforms on Monday to
    clean up rivers, lakes and seas and make the water sector one of growth and opportunity that serves hard-working families and businesses, as part of our Plan for Change.

    He is expected to make assurances that government action will protect hardworking families from massive water bill hikes in future.

    In a speech following the report’s publication, Environment Secretary Steve Reed is expected to say:

    The water industry is broken. Our rivers, lakes and seas are polluted with record levels of sewage. Water pipes have been left to crumble into disrepair. Soaring water bills are straining family finances.

    Today’s final report from Sir Jon Cunliffe’s Independent Water Commission offers solutions to fix our broken regulatory system so the failures of the past can never happen again. 

    The government will introduce root and branch reform in the biggest overhaul of water regulation in a generation.

    We are establishing a new partnership where water companies, investors, communities and the government will work together to clean up our rivers, lakes and seas for good.

    The Secretary of State has pledged that the government will cut sewage pollution in half within five years, making our rivers the cleanest since records began.

    The government has already taken decisive action to clean up England’s waterways. 

    • Record investment: with £104 billion to upgrade crumbling pipes and build sewage treatment works across the country. 
    • Ringfence customers’ bills for upgrades: customer bills earmarked for investment must now be spent on new sewage pipes and treatment works – not spent on shareholder payments or bonuses
    • Reinvesting company fines into local projects: with over £100million being invested into local clean-up projects in communities. 
    • Largest budget for water regulation: the Environment Agency received a record £189 million to fund hundreds of enforcement officers to inspect and prosecute polluting water companies.
    • Polluter Pays: companies will now cover the cost of prosecutions and successful investigations into pollution incidents, enabling the regulator to hire more staff and pursue further enforcement activity. 
    • Banning wet wipes containing plastic in England: introducing legislation to reduce microplastics in our waters.
    • The Water (Special Measures) Act: banned unfair bonuses for ten polluting water bosses this year and threatened prison sentences for law-breaking executives.

    We will work with the Welsh government to ensure reforms protect water customers across both England and Wales.

    Notes to editors: 

     Last October, the Environment Secretary asked the former Deputy Governor of the Bank of England, Sir Jon Cunliffe, to undertake the biggest review of the water sector since privatisation. The final report will be published on Monday 21 July. 

    An ombudsman to champion customers    

    • The current system for dealing with complaints lacks any teeth and too often leaves customers with nowhere to go. With no binding consumer watchdog, customers risk being left stranded.  

    • Water customers shouldn’t have to figure out who to contact and how to contact them if something has gone wrong – they should know exactly where to turn and be confident their problem will be listened to and resolved. 

    • The new measures will establish a new level playing field between customers and companies. This builds on our reforms to double automatic payments when water companies fail to deliver adequate standards of service and place customers at the heart of water company purpose.    

    • Following the Independent Water Commission’s final report, we will look at the CCW’s role as part of a reformed regulator. We’re clear there will be no additional ALB’s as part of our productive and agile state agenda.

    Updates to this page

    Published 21 July 2025

    MIL OSI United Kingdom

  • MIL-OSI: IDEX Biometrics ASA – Contemplated Fully Underwritten Private Placement – 21 July 2025

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, JAPAN OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.

    Oslo, Norway, 21 July 2025

    IDEX Biometrics ASA (“IDEX” or the “Company”) has engaged Arctic Securities AS (the “Manager”) to advise on and effect a contemplated private placement in the Company of 9,090,909 new shares in the Company (the “Offer Shares”) raising gross proceeds of NOK 30 million (the “Private Placement”). The subscription price per Offer Share (the “Offer Price”) is NOK 3.30 per Offer Share.

    Altea AS, Pinchcliffe AS (closely associated company of the CEO and CFO, Anders Storbråten), Anders Storbråten, Charles Street International Ltd. (Robert Keith) and K-Konsult AS (closely associated company of the chairperson of the board of directors, Morten Opstad) (the “Underwriters”) have, subject to customary conditions, accepted to be allocated Offer Shares that are not applied for during the Application Period (as defined herein) for up to NOK 30,000,000 pursuant to an underwriting agreement entered into with the Company (the “UWA“). An underwriting fee equal to 5% of the underwriting commitment by each Underwriter will be payable by the Company to each of the Underwriters in the form of a total of 454,542 new shares in the Company (the “Underwriting Shares“), subject to the approval and issuance of the Underwriting Shares by the EGM (as defined herein).

    The net proceeds from the Private Placement will be used to Company’s commercialization efforts in line with the new business strategy announced in March 2025 as well as for general corporate purposes.

    The application period for the Private Placement will commence today, 21 July 2025 at 09:00 CEST and is expected to close no later than 21 July 2025 at 16:30 CEST (the “Application Period”). The Company, in consultation with the Manager, reserves the right to at any time and in its sole discretion resolve to close or extend the Application Period or to cancel the Private Placement in its entirety without further notice. If the Application Period is shortened or extended, any other dates referred to herein may be amended accordingly.

    The final number of Offer Shares will be determined at the end of the Application Period, and the final allocation will be made at the sole discretion of the Board after consulting with the Manager. The allocation will be based on criteria such as (but not limited to) timeliness of the application, relative order size, sector knowledge, investment history, perceived investor quality and investment horizon. The Board may, at its sole discretion, reject and/or reduce any applications. There is no guarantee that any applicant will be allocated Offer Shares. Notification of allotment and payment instructions is expected to be issued to the applicants on or about 22 July 2025 through a notification to be issued by the Manager.

    The Private Placement will be divided into two tranches: Tranche 1 (“Tranche 1”) will consist of up to 4,731,594 Offer Shares, which may be issues based on the current outstanding authorization to issue new shares given to the Company’s board of directors (“Board”) by the annual general meeting on 21 May 2025 (the “Authorization”) and Tranche 2 (“Tranche 2”) will consist of the number of Offer Shares that, together with the Tranche 1 shares, is necessary in order to raise gross proceeds of NOK 30 million. The issuance of Offer Shares in Tranche 2 remains subject to approval by an extraordinary general meeting, scheduled to be held on or about 14 August 2025 (the “EGM”). Applicants will receive a pro rata portion of shares from Tranche 1 and Tranche 2 based on their overall allocation in the Private Placement, with the exception of the Underwriters which has agreed that the new shares it is allocated in the Private Placement will all be allocated in Tranche 2.

    Tranche 1 will be settled with existing and unencumbered shares in the Company that are already listed on Oslo Børs, pursuant to a share lending agreement entered into between the Company, the Manager and an existing shareholder (the “Share Lending Agreement”). The Share Lending Agreement will be settled with new shares in the Company to be resolved issued by the Board pursuant to the Authorization. Settlement of the Private Placement is expected to take place on a delivery versus payment basis on or about 24 July 2025.

    The completion of Tranche 1 is subject to (i) approval by the Board under the Authorization and (ii) the Share Lending Agreement and the UWAs remaining in full force and effect (”Tranche 1 Conditions”). The completion of Tranche 2 is subject to (i) completion of Tranche 1, (ii) approval by the EGM and (iii) the Share Lending Agreement and the UWA remaining in full force and effect (”Tranche 2 Conditions”). Both the Tranche 1 Conditions and the Tranche 2 Conditions include the share capital increase pertaining to the issuance of the allocated Offer Shares under such tranche being validly registered with the Norwegian Register of Business Enterprises and the allocated Offer Shares being validly issued and registered in the Norwegian Central Securities Depository Euronext Securities Oslo (“VPS”), Completion of Tranche 1 is not conditional upon completion of Tranche 2, and acquisition of shares in Tranche 1 will remain final and binding and cannot be revoked or terminated by the respective applicants if Tranche 2 is not completed. The Board reserves the right to cancel, and/or modify the terms of the Private Placement, at any time and for any reason prior to delivery of the Offer Shares in Tranche 1, without or on short notice. The Applicant acknowledges that Tranche 1 and Tranche 2 of the Private Placement will be cancelled if the relevant conditions for such tranches (or issuance) are not fulfilled, and may be cancelled by the Board in its sole discretion for any other reason whatsoever prior to delivery of the Offer Shares in Tranche 1. Neither the Manager nor the Company will be liable for any losses if the Private Placement is cancelled or modified, irrespective of the reason for such cancellation or modification.

    The Private Placement will be directed towards Norwegian and international investors, subject to applicable exemptions from relevant registration, filing and prospectus requirements, and subject to other applicable selling restrictions. The minimum application and allocation amount has been set to the NOK equivalent of EUR 100,000. The Company may however, at its sole discretion, allocate amounts below EUR 100,000 to the extent exemptions from the prospectus requirements in accordance with applicable regulations, including the Norwegian Securities Trading Act and ancillary regulations, are available.

    The Board has considered the contemplated Private Placement in light of the equal treatment obligations under the Norwegian Securities Trading Act and Oslo Børs’ Circular no. 2/2014 and deems that the proposed Private Placement would be in compliance with these requirements. The Board holds the view that it will be in the common interest of the Company and its shareholders to raise equity through a private placement, in view of the current market conditions and the growth opportunities currently available to the Company. A private placement enables the Company to raise capital in an efficient manner, and the Private Placement is structured to ensure that a market-based subscription price is achieved. In order to limit the dilutive effect of the Private Placement and to facilitate equal treatment, the Board will consider carrying out a subsequent offering directed towards shareholders who did not participate in the Private Placement (see details below).

    The Subsequent Offering
    Subject to among other things (i) completion of the Private Placement, (ii) relevant corporate resolutions including approval by the Board and an extraordinary general meeting, (iii) the prevailing market price of IDEX’s shares being higher than the Offer Price, and (iv) approval of a prospectus by the Norwegian Financial Supervisory Authority, IDEX will consider whether to carry out a subsequent offering (the “Subsequent Offering”) of new shares in the Company. A Subsequent Offering will, if made, be directed towards existing shareholders in the Company as of 21 July 2025, as registered in IDEX’s register of shareholders with Euronext Securities Oslo, the central securities depositary in Norway (Nw. Verdipapirsentralen) (the “VPS”) two trading days thereafter, who (i) are not allocated Offer Shares in the Private Placement, and (ii) are not resident in a jurisdiction where such offering would be unlawful or would (other than Norway) require any prospectus, filing, registration or similar action (the “Eligible Shareholders”). The Eligible Shareholders are expected to be granted non-tradable allocation rights. If carried out, the subscription period in a Subsequent Offering is expected to commence shortly after publication of the Prospectus (if relevant), and the subscription price in the Subsequent Offering will be the same as the Offer Price in the Private Placement. IDEX will issue a separate stock exchange notice with further details on the Subsequent Offering if and when finally resolved.

    About IDEX Biometrics ASA
    IDEX Biometrics ASA (OSE: IDEX) is a global technology leader in fingerprint biometrics, offering authentication solutions across payments, access control, and digital identity. Our solutions bring convenience, security, peace of mind and seamless user experiences to the world. Built on patented and proprietary sensor technologies, integrated circuit designs, and software, our biometric solutions target card-based applications for payments and digital authentication. As an industry-enabler we partner with leading card manufacturers and technology companies to bring our solutions to market.

    This information is considered to be inside information pursuant to the EU Market Abuse Regulation (MAR) and is subject to the disclosure requirements pursuant to MAR article 17 and section 5 -12 of the Norwegian Securities Trading Act. This stock exchange release was published by Kjell-Arne Besseberg, Chief Operating Officer, on 21 July 2025 at 07.30 CEST.

    Important information:
    This announcement is not and does not form a part of any offer to sell, or a solicitation of an offer to purchase, any securities of the Company. The distribution of this announcement and other information may be restricted by law in certain jurisdictions. Copies of this announcement are not being made and may not be distributed or sent into any jurisdiction in which such distribution would be unlawful or would require registration or other measures. Persons into whose possession this announcement or such other information should come are required to inform themselves about and to observe any such restrictions.

    The securities referred to in this announcement have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and accordingly may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and in accordance with applicable U.S. state securities laws. The Company does not intend to register any part of the offering or its securities in the United States or to conduct a public offering of securities in the United States. Any sale in the United States of the securities mentioned in this announcement will be made solely to “qualified institutional buyers” as defined in Rule 144A under the Securities Act.

    In any EEA Member State, this communication is only addressed to and is only directed at qualified investors in that Member State within the meaning of the EU Prospectus Regulation, i.e., only to investors who can receive the offer without an approved prospectus in such EEA Member State. The expression “EU Prospectus Regulation” means Regulation 2017/1129 as amended together with any applicable implementing measures in any Member State.

    This communication is only being distributed to and is only directed at persons in the United Kingdom that are (i) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Order”) or (ii) high net worth entities, and other persons to whom this announcement may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “relevant persons”). This communication must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this communication relates is available only for relevant persons and will be engaged in only with relevant persons. Persons distributing this communication must satisfy themselves that it is lawful to do so.

    Matters discussed in this announcement may constitute forward-looking statements. Forward-looking statements are statements that are not historical facts and may be identified by words such as “believe”, “expect”, “anticipate”, “strategy”, “intends”, “estimate”, “will”, “may”, “continue”, “should” and similar expressions. The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although the Company believes that these assumptions were reasonable when made, these assumptions are inherently subject to significant known and unknown risks, uncertainties, contingencies and other important factors which are difficult or impossible to predict and are beyond its control.

    Actual events may differ significantly from any anticipated development due to a number of factors, including without limitation, changes in investment levels and need for the Company’s services, changes in the general economic, political and market conditions in the markets in which the Company operate, the Company’s ability to attract, retain and motivate qualified personnel, changes in the Company’s ability to engage in commercially acceptable acquisitions and strategic investments, and changes in laws and regulation and the potential impact of legal proceedings and actions. Such risks, uncertainties, contingencies and other important factors could cause actual events to differ materially from the expectations expressed or implied in this release by such forward-looking statements. The Company does not provide any guarantees that the assumptions underlying the forward-looking statements in this announcement are free from errors nor does it accept any responsibility for the future accuracy of the opinions expressed in this announcement or any obligation to update or revise the statements in this announcement to reflect subsequent events. You should not place undue reliance on the forward-looking statements in this document.

    The information, opinions and forward-looking statements contained in this announcement speak only as at its date, and are subject to change without notice. The Company does not undertake any obligation to review, update, confirm, or to release publicly any revisions to any forward-looking statements to reflect events that occur or circumstances that arise in relation to the content of this announcement.

    Neither the Manager nor any of their affiliates make any representation as to the accuracy or completeness of this announcement and none of them accepts any responsibility for the contents of this announcement or any matters referred to herein.

    This announcement is for information purposes only and is not to be relied upon in substitution for the exercise of independent judgment. It is not intended as investment advice and under no circumstances is it to be used or considered as an offer to sell, or a solicitation of an offer to buy any securities or a recommendation to buy or sell any securities in the Company. Neither the Manager nor any of their affiliates accept any liability arising from the use of this announcement. 

    The MIL Network

  • MIL-OSI Africa: Eritrea: Mai-Nefhi College of Engineering and Technology Graduates 383 Students

    Source: APO – Report:

    .

    In its 18th commencement, Mai-Nefhi College of Engineering and Technology graduated 383 students, including 44% female graduates, in degree and diploma programs yesterday, 19 July.

    The degree program graduates include 13 in Agricultural Engineering, 26 in Chemical Engineering, 30 in Civil Engineering, 39 in Computer Science and Technology, 27 in Electrical and Electronics Technology, 27 in Mechanical Technology, and 28 in Mining Technology.

    The diploma program graduates include 23 in Automotive Technology, 28 in Computer Application, 18 in Computer Technology and Networking, 13 in Construction Technology, 23 in Electrical Technology, 24 in Electronics Technology, 26 in Mining Technology, 11 in Surveying, and 11 in Cooling System Technology.

    Dr. Araya Zeray, Dean of the College, stated that since its establishment in 2004, the College has been providing higher education in eight fields of study in degree programs and nine in diploma programs, significantly contributing to the production of professionals who play a vital role in the country’s economic development.

    Dr. Araya further noted that the College has 79 academic staff members—44 foreigners and 35 nationals. He also mentioned that as part of ongoing staff development efforts, 18 staff members are currently pursuing master’s and PhD programs abroad in Russia, China, India, Hungary, and Japan.

    A representative of the graduates, commending the support of parents, lecturers, and the college community, expressed their commitment to live up to the expectations of the Government and people who provided them with the opportunity for higher education.

    The honorary guest, Mr. Abraha Asfaha, Minister of Public Works, underlined the significance of engineering and technology in national economic development and called on the graduates to apply their knowledge practically in their respective workplaces.

    Since its establishment, Mai-Nefhi College of Engineering and Technology has graduated 7,671 students in degree and diploma programs.

    – on behalf of Ministry of Information, Eritrea.

    MIL OSI Africa

  • MIL-OSI United Kingdom: Roadmap to rebuild trust in water sector unveiled in major new report

    Source: United Kingdom – Government Statements

    Press release

    Roadmap to rebuild trust in water sector unveiled in major new report

    Sir Jon Cunliffe publishes final recommendations

    A new integrated regulator for water, stronger consumer advocacy and 9 new regional water authorities to deliver on local priorities are among the final recommendations set out today (21 July) by the Independent Water Commission.

    Chaired by Sir Jon Cunliffe, the Commission sets out 88 recommendations in its report to the UK and Welsh governments to transform the sector.

    The report covers how the system is regulated, how to manage the competing demands on water, how water companies are governed and how critical water infrastructure is kept resilient both now and in the future.

    It follows just under nine months of extensive engagement, analysis and research, including the 50,000+ responses submitted to the Commission’s Call for Evidence.

    Key recommendations include:

    1. Single integrated water regulators. The report recommends a single water regulator in England and a single water regulator in Wales. In England this would replace Ofwat, the Drinking Water Inspectorate and water-environment related functions from the Environment Agency and Natural England. In Wales, Ofwat’s economic responsibilities would be integrated into Natural Resources Wales. Water is a complex sector responsible for the second-largest infrastructure programme in the UK. Water companies will spend £104 billion on investment and operation over the next 5 years. Climate change, population growth and economic development will put huge pressure on water systems over the coming decades. The current regulatory landscape is fragmented and overlapping and fully joined-up regulation is essential for the system to meet the demands of the future and ensure that private water companies act in the public as well as the private interest. A powerful, single regulator for water would simplify the system, reduce duplication, close regulatory gaps and ensure a much stronger “whole-firm” view of each company.* It would also improve investor confidence through a more stable regulatory regime. In making this recommendation, the Commission has looked closely at other regulatory models such as Ofcom.**

    2. Eight new regional water system planning authorities in England and one national authority in Wales. As part of a radical overhaul of water system planning, the report recommends devolving current planning responsibilities and transferring resources from the regulators to 9 new regional water authorities. These would be responsible for developing water investment plans that reflect local priorities and voices. They would streamline existing planning processes and be empowered to direct funding and ensure accountability from all sectors that impact water.  They would be independent and include representation from local councils, public health, environment, agriculture and consumers, among others.

    3. Greater consumer protection. The Commission sets out proposals to improve affordability and customer service. That includes upgrading the consumer body CCW into an Ombudsman for Water to give stronger protection to customers and a clearer route to resolving complaints. It then proposes transfer responsibility for consumer advocacy to Citizens Advice. The Commission also recommends the introduction of a national social tariff to provide consistent support for low-income customers who need support to pay their bills. This will help address the widely different levels of support currently in place, with caps on bills varying by £100s in different parts of the country.

    4. Stronger environmental regulation. The report recommends significant improvements to areas such as Operator Self-Monitoring through greater digitalisation, automation, third-party assurance and inspections. It proposes stronger regulation on abstraction, sludge, drinking water standards and water supply. After one of the driest springs on record, it recommends compulsory water metering, changes to wholesale tariffs for industrial users and greater water reuse and rainwater harvesting schemes. It also sets out where environmental legislation needs updating and why, including proposals for a new long-term and legally binding target for the water environment.

    5. Tighter oversight of water company ownership and governance. The Commission recommends new powers for the regulator to block changes in water company ownership – for example, where investors are not seen to be prioritising the long-term interests of the company and its customers – as well as potential new ‘public benefit’ clauses in water company licences. It recommends that the regulator set “minimum capital” requirements so that companies are less reliant on debt and more financially resilient. On investment, the report sets out proposals to improve investor confidence, including government direction to the regulator to support stability and predictability for long-term investors.  

    6. Public health reforms: The report covers legislative reforms to better manage public health risks in water, recognising the many people who swim, surf and enjoy other water-based activities. These include a) new public health objectives in water quality legislation b) senior public health representation on regional water planning authorities and c) legislative changes to address emerging pollutants such as PFAS, micropollutants and microplastics.

    7. Fundamental reset of economic regulation. More detail is set out on the Commission’s recommendation for a new ‘supervisory’ approach to economic regulation, supporting tailored decisions and earlier interventions in water company oversight. The report also makes recommendations on the Price Review process, including changes to ensure companies are investing in and maintaining assets and to help attract long-term, low-risk investment.

    8. Clear strategic direction. A new long-term National Water Strategy should be published by both the UK and Welsh governments. This should have a minimum horizon of 25 years, with interim milestones on a 5 and 10 year basis. It should be cross-sectoral, with a clear framework for managing the many demands on water. A set of ministerial priorities specifically for the water industry should also be issued to regulators every five years, replacing the current Strategic Policy Statement (SPS). A clear long-term strategy will help drive the right outcomes for consumers, growth and the environment and support long-term investment planning.

    9. Infrastructure & asset health reforms. The report sets out a marked step change in how water infrastructure is managed, monitored and delivered – essential for safeguarding the provision of water and wastewater management for future generations. That includes new requirements for companies to map and assess their assets and new resilience standards that are forward-looking and applied consistently across the industry.

    Sir Jon Cunliffe said:

    Restoring trust has been central to our work. Trust that bills are fair, that regulation is effective, that water companies will act in the public interest and that investors can get a fair return.

    Our recommendations to achieve this are significant. They include the management of the whole water system, regulation of the water industry, the governance and financial resilience of water companies and a stronger voice for local communities and water customers.

    In this report I have considered what is best for the long-term future of water.  This is a complex sector with a highly integrated system, responsible for the second-largest infrastructure programme in the UK.

    Resetting this sector and restoring pride in the future of our waterways matters to us all. In countless conversations in the last nine months I have been struck by the urgent need and passion for change. Doing this will require hard work, strong leadership and sustained commitment. But it can and must be done.

    I am grateful to all to all those who have contributed generously and constructively to our work with their time, expertise and challenge.

    The final report also shares recommendations on implementation, including which reforms can be delivered in the short-term and which require new primary legislation.

    As set out in the Terms of Reference, the Commission has operated independently of UK and Welsh Ministers.

    Sir Jon Cunliffe has been supported by an expert Advisory Group, with leading voices from areas including the environment, public health, consumers, economics and investment.

    Notes to editors

    • The full report is available here: Independent Water Commission final report
    • Sir Jon Cunliffe was appointed on 22 October 2024 to lead the Independent Water Commission. His Terms of Reference were published on gov.uk. 
    • The Commission launched an eight-week Call for Evidence on 27 February 2025. The Commission’s interim report was published on 3 June.
    • *The Commission has looked in detail at the challenges within the existing regulatory framework. The existing model of multiple regulators makes it difficult for the regulatory system to come to a clear, overall view of a water company’s performance and the challenges it faces. Enforcement action in some areas has been described as duplicative. Elsewhere, there are gaps in the oversight of asset health and monitoring water infrastructure delivery. There is an inherent complexity in the current system whereby the EA, NRW and the DWI set the requirements that determine much of water company costs, while Ofwat subsequently determines the revenues companies can receive from water bills to cover those costs. 
    • **Ofcom was established through combining five existing regulators into one. Further detail is covered in Chapter 4 of the final report. 
    • ***Social tariff variability: Evidence returned via the Commission’s Call for Evidence set out the differing levels of support a low-earner would receive under 2024/25 rates depending on where they lived. For example, a single parent with one child, working part-time and receiving Universal Credit with an income under £19,000 per year would have an annual water bill capped at £91.12 in Portsmouth, compared to £364 in Bradford.

    Updates to this page

    Published 21 July 2025

    MIL OSI United Kingdom

  • MIL-OSI: WISeKey and SEALSQ Confirm New Cross-Border Center of Excellence for the 4th Industrial Revolution Activated Between La Line and Gibraltar

    Source: GlobeNewswire (MIL-OSI)

    WISeKey and SEALSQ Confirm New Cross-Border Center of Excellence for the 4th Industrial Revolution Activated Between La Line and Gibraltar

    Gibraltar/La Línea – July 21, 2025 – WISeKey International Holding Ltd (“WISeKey” or “Company”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, and its subsidiary, SEALSQ Corp (NASDAQ: LAES) (“SEALSQ”), a company that focuses on developing and selling Semiconductors, PKI, and Post-Quantum technology hardware and software products today announced that a transformative initiative launched several years ago to establish LLG4IRir.com a Cross-Border Deeptech Center of Excellence (the “Center”) for the 4th Industrial Revolution is now being formally activated, following the historic agreement between Spain and the United Kingdom on Gibraltar’s post-Brexit border status.

    Strategically located near Gibraltar Airport, this innovative Center will act as a shared technological and industrial hub bridging La Línea de la Concepción (Spain) and Gibraltar (UK). It aims to provide a collaborative platform for companies working in advanced technologies including Artificial Intelligence, Quantum Computing, the Internet of Things, AI, Space, Cybersecurity, and Semiconductors, aiming to position the region as a global epicenter of innovation.

    The recent UK–EU agreement facilitates the free and secure movement of people and goods across the border, unlocking opportunity for the Company to realize the full potential of this ambitious project and enabling seamless cooperation between the two jurisdictions.

    Meetings held with the Gibraltar government and the Mayor of La Línea have resulted in unanimous support for the project. The Center is recognized as a mutually beneficial opportunity: Gibraltar-based companies will gain access to European Union technology legislation and platforms, while Spanish businesses located at the Center will benefit from cooperation with Gibraltar and potential partnerships with African innovation ecosystems, reinforcing the region’s status as a tri-continental innovation gateway.

    First Milestone: Manufacturing Plant for Post-Quantum Communication Devices
    Under the LLG4IR.com cross-border framework, the first physical installation is planned to be a secure manufacturing facility in La Línea dedicated to producing post-quantum-ready communication devices. These devices are intended to form the foundation of a secure communications infrastructure designed to operate seamlessly with satellite constellations, providing quantum-resilient, end-to-end communications across industries.

    This facility is also expected to host the initial manufacturing operations for WISeSat.Space, WISeKey’s secure space communication platform. Production would begin as soon as the site becomes operational, establishing La Línea as a new hub for secure aerospace and telecommunications manufacturing.

    In parallel, SEALSQ has allocated a dedicated budget to develop its first post-quantum communication device manufacturing plant, confirming its commitment to secure, satellite-linked, next-generation technologies. This plant will produce devices that connect directly with WISeSat.Space’s satellite constellation, delivering resilient, quantum-secure data flows critical to sectors such as defense, logistics, healthcare, and energy.

    Additionally, WISeKey and SEALSQ have signed a memorandum of understanding with the regional port authority to implement Smart Container Technology, allowing maritime cargo containers, even in mid-sea transit, to connect directly with satellites. This will enable real-time, secure, blockchain-verifiable logistics tracking, bolstering supply chain transparency and resilience on a global scale.

    A Quantum Corridor for Europe’s Digital Sovereignty
    The Center is a vital node in the expanding Post-Quantum Corridor, a high-tech European network being developed by SEALSQ and WISeKey to enable secure, quantum-resilient infrastructure from chip to satellite. This strategic corridor connects key technology hubs including:

    •        La Línea de la Concepción
    •        Gibraltar
    •        Malaga Technology Park
    •        Murcia – home of the QUANTIX Semiconductor Center
    •        Aix-en-Provence – SEALSQ Semiconductor R&D Center and Operational Headquarters
    •        Grenoble – IC’ALPS Advanced Chip Development Lab
    •        Geneva – WISeKey and SEALSQ Global R&D and Cybersecurity Centers

    The Quantum Corridor will also integrate leading universities across the region to foster academic–industry collaboration and talent development. It will provide a dynamic environment for quantum, artificial intelligence, and cybersecurity companies to work together, co-developing the secure, intelligent technologies of the future, from next-generation encryption to space-based AI systems and quantum processors.

    In the coming weeks, SEALSQ will engage a leading international consulting firm to develop a comprehensive business and technology integration plan for the Cross-Border Center. This strategic study will guide the implementation of the project, from infrastructure to ecosystem development. It will be aligned with existing studies already underway in Gibraltar focused on shared prosperity, helping to shape a unified master plan for the successful and coordinated execution of the initiative on both sides of the border.

    Public and Private Funding Synergies
    The project will benefit from grants and allocation of funding available for this type of strategic activity, particularly those supporting innovation, digital infrastructure, and cross-border cooperation. This public support will be complemented by investment from the private sector on a pari passu basis, ensuring a balanced and sustainable funding model that drives both economic development and technological leadership.

    “Think of the Center as an aircraft carrier for innovation,” said Carlos Moreira, CEO of WISeKey. “Companies can land, refuel with knowledge and infrastructure, and take off again stronger. Instead of each company reinventing the wheel, they plug into a common ecosystem, just like plugging into the electricity grid.”

    The LLG4IR.com Cross-Border Center of Excellence will serve as a launchpad for collaborative research, startup incubation, international joint ventures, and workforce training programs, aligned with the long-term strategies of the European Union, the United Kingdom, and key private-sector stakeholders.

    Further announcements regarding the Center’s commissioning, founding partners, and investment roadmap will follow in the coming weeks.

    About WISeKey
    WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity, digital identity, and IoT solutions platform. It operates as a Swiss-based holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on space technology for secure satellite communication, specifically for IoT applications, (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions, and (v) SEALCOIN AG which focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform.

    Each subsidiary contributes to WISeKey’s mission of securing the internet while focusing on their respective areas of research and expertise. Their technologies seamlessly integrate into the comprehensive WISeKey platform. WISeKey secures digital identity ecosystems for individuals and objects using Blockchain, AI, and IoT technologies. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the Internet of Everything. The company’s semiconductors generate valuable Big Data that, when analyzed with AI, enable predictive equipment failure prevention. Trusted by the OISTE/WISeKey cryptographic Root of Trust, WISeKey provides secure authentication and identification for IoT, Blockchain, and AI applications. The WISeKey Root of Trust ensures the integrity of online transactions between objects and people. For more information on WISeKey’s strategic direction and its subsidiary companies, please visit www.wisekey.com.

    Disclaimer
    This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

    This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of the Swiss Financial Services Act (“FinSA”), the FinSa’s predecessor legislation or advertising within the meaning of the FinSA. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.

    Press and Investor Contacts

    WISeKey International Holding Ltd
    Company Contact: Carlos Moreira
    Chairman & CEO
    Tel: +41 22 594 3000
    info@wisekey.com 
    WISeKey Investor Relations (US) 
    The Equity Group Inc.
    Lena Cati
    Tel: +1 212 836-9611
    lcati@theequitygroup.com

    The MIL Network

  • MIL-OSI Russia: China and EU to hold 25th China-EU leaders’ meeting in Beijing /detailed version-1/

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    BEIJING, July 21 (Xinhua) — According to an agreement between China and the European Union (EU), European Council President Antonio Costa and European Commission President Ursula von der Leyen will visit China on July 24. Chinese President Xi Jinping will meet with them, a Chinese Foreign Ministry spokesperson said in Beijing on Monday.

    A Chinese Foreign Ministry spokesman added that Chinese Premier Li Qiang and the two EU leaders will jointly chair the 25th China-EU leaders’ meeting. -0-

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

    .

    MIL OSI Russia News

  • MIL-OSI Russia: Total length of rural highways in China to reach 4.64 million km by end of 2024

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    BEIJING, July 21 (Xinhua) — The total length of rural highways in China will reach 4.64 million km by the end of 2024, Chinese Transport Minister Liu Wei said Monday at a press conference on the country’s achievements in transportation development during the 14th Five-Year Plan period (2021-2025). -0-

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

    .

    MIL OSI Russia News

  • MIL-OSI Russia: Goods from Belarus were imported to Xinjiang for the first time through the border trade zone located at the Khorgos checkpoint.

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    BEIJING, July 21 (Xinhua) — A batch of crystal goblets from Belarus cleared customs and entered the Horgos border trade zone in northwest China’s Xinjiang Uygur Autonomous Region on Saturday, becoming the first batch of goods imported from Belarus to Xinjiang under the trade regime in the zone, filling a gap in direct trade between the region and Belarus, according to the press service of the Horgos city government.

    These goods from Belarus weigh more than 3 tons and cost 340 thousand yuan (approximately 47.54 thousand US dollars) include 25 items, said a representative of the border trade zone at the Khorgos checkpoint, adding that the zone is focused on importing specific goods from Uzbekistan, Kyrgyzstan, Kazakhstan, Russia and other countries to expand the range of imported products.

    According to the city’s Commerce Bureau, in the first six months of this year, more than 3,820 tons of goods were imported through the border trade zone located at Horgos Port, with the trade volume exceeding 42.9 million yuan, bringing in 429,200 yuan in revenue for local merchants.

    To date, there have been 60 Chinese and foreign trading shops registered in the zone, as well as more than 4,000 local traders on the Chinese side. -0-

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

    .

    MIL OSI Russia News

  • MIL-OSI Russia: One dead, one missing after emergency at construction site in central China

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    CHANGSHA, July 21 (Xinhua) — One construction worker was killed and another is missing after four people were trapped during underground work at a construction site in Changsha, capital of central China’s Hunan Province, on Sunday afternoon, local authorities said Monday.

    Four construction workers were trapped in a manhole while carrying out inspection work on a pipeline at a construction site on Xinchang Road in Tianxin District of Changsha city at around 4:50 p.m. on Sunday, the district emergency management department said.

    As a result of emergency measures, three workers were rescued and hospitalized. Two of them are in stable condition, and one died from his injuries. One person is still missing. Search operations are ongoing.

    Work is underway to eliminate the consequences of the incident and investigate its causes. -0-

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

    .

    MIL OSI Russia News

  • MIL-OSI United Kingdom: expert reaction to study on age of smartphone ownership and mental health outcomes

    Source: United Kingdom – Executive Government & Departments

    A study published in Journal of Human Development and Capabilities looks at the age of smartphone ownership and mental health outcomes.

    Prof Pete Etchells, Professor of Psychology and Science Communication, Bath Spa University, said:

    “It’s difficult to fully assess this study, as there are very limited methodological and analytical details provided. While we are given a generalised overview of the Global Mind Project, there is no standardised methods section detailing how variables of interest were measured or operationalised, no demographic information, and no detailed outline of the analytic methods used. This makes it hard to assess the quality of the research conducted. 

    “The study averages a wide range of factors relating to mental health into a single composite score, and correlates this what appears to be a self-report measure of age of first smartphone ownership. The findings suggest some sort of negative relationship – i.e. that the younger the initial age of smartphone ownership, the worse the composite mental health score is. However, it’s not clear from the reported data the strength of these relationships, nor why ownership at age 5-6 is compared with an averaged ownership between age 13-18. 

    “The study then moves on to talk about age of access to social media accounts and potential associations to factors such as poor family relationships and cyberbullying, although again it’s not clear how these were measured. A series of regression analyses are then put in the context of access to AI-power social media environments, but I don’t quite see what this means or how it was measured. Later, AI-powered digital environments are mentioned, which is again a different concept that isn’t clearly defined. 

    “Given the correlational nature of the study, along with unclear definitions of key variables of interest and lack of methodological details, I was therefore surprised to see the paper end with a series of digital policy recommendations for under-13s. While some of these (e.g. digital literacy training) are sensible, it is not clear how they are informed by the study itself. This appears to be another study in a long line of papers that are based on correlational self-report data, and I’m not convinced that more studies along these lines are adding anything new to our understanding of digital technology effects. There is a wealth of complex and interacting factors that will impact on the initial age of smartphone ownership, access to social media and mental health, but it’s not clear how these are accounted for in this study. I would therefore be reluctant to suggest that there are any useful policy implications for this work.”

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

    “I honestly wasn’t at all impressed with this study.  First, the survey is both online and self-report, both qualities likely to bias the results.  I took the survey myself (so now I’m a participant, I guess) and found it to be crude.  The survey does not appear to be a well-validated clinical measure of mental health and there are no checks for unreliable responding.  Self-report measures of mental health are now well-known to be unreliable and these questions only touch on mental health in crude non-diagnostic ways.  Online samples are often unreliable, and don’t generalize to individuals who spend less time online.  The analyses are merely descriptive without proper controls.  The language of the study is inappropriately strong for such a crude correlational design lacking proper controls.”

    Protecting the Developing Mind in a Digital Age: A Global Policy Imperative’ by Tara Thiagarajan et al. was published in Journal of Human Development and Capabilities at 5:01 UK time on Monday 21st July. 

    DOI: https://doi.org/10.1080/19452829.2025.2518313

    Declared interests

    Prof Pete Etchells: Pete Etchells is the author of Unlocked: The Real Science of Screen Time (and how to spend it better).

    Prof Chris Ferguson: No conflicts of interest to declare.

    MIL OSI United Kingdom

  • Japan’s shaky government loses upper house control

    Source: Government of India

    Source: Government of India (4)

    Japan’s ruling coalition lost control of the upper house in an election on Sunday, further weakening Prime Minister Shigeru Ishiba’s grip on power even as he vowed to remain party leader, citing a looming tariff deadline with the United States.

    While the ballot does not directly determine whether Ishiba’s administration will fall, it heaps pressure on the embattled leader who also lost control of the more powerful lower house in October.

    Ishiba’s Liberal Democratic Party (LDP) and coalition partner Komeito returned 47 seats, short of the 50 seats it needed to ensure a majority in the 248-seat upper chamber in an election where half the seats were up for grabs.

    That comes on top of its worst showing in 15 years in October’s lower house election, a vote which has left Ishiba’s administration vulnerable to no-confidence motions and calls from within his own party for leadership change.

    Speaking late on Sunday evening after exit polls closed, Ishiba told NHK he “solemnly” accepted the “harsh result”.

    “We are engaged in extremely critical tariff negotiations with the United States…we must never ruin these negotiations. It is only natural to devote our complete dedication and energy to realizing our national interests,” he later told TV Tokyo.

    Asked whether he intended to stay on as premier, he said “that’s right”.

    Japan, the world’s fourth largest economy, faces a deadline of August 1 to strike a trade deal with the United States or face punishing tariffs in its largest export market.

    The main opposition Constitutional Democratic Party finished second with 22 seats.

    Meanwhile, the far-right Sanseito party announced its arrival in mainstream politics, adding 14 seats to one elected previously. Launched on YouTube a few years ago, the populist party found wider appeal with its ‘Japanese First’ campaign and warnings about a “silent invasion” of foreigners.

    ‘HAMMERED HOME’

    Opposition parties advocating for tax cuts and welfare spending struck a chord with voters, as rising consumer prices – particularly a jump in the cost of rice – have sowed frustration at the government’s response.

    “The LDP was largely playing defence in this election, being on the wrong side of a key voter issue,” said David Boling, a director at consulting firm Eurasia Group.

    “Polls show that most households want a cut to the consumption tax to address inflation, something that the LDP opposes. Opposition parties seized on it and hammered that message home.”

    The LDP has been urging fiscal restraint, with one eye on a very jittery government bond market, as investors worry about Japan’s ability to refinance the world’s largest debt pile. Any concessions the LDP must now strike with opposition parties to pass policy will only further elevate those nerves, analysts say.

    “The ruling party will have to compromise in order to gain the cooperation of the opposition, and the budget will continue to expand,” said Yu Uchiyama, a politics professor at the University of Tokyo.

    “Overseas investors’ evaluation of the Japan economy will also be quite harsh.”

    Sanseito, which first emerged during the COVID-19 pandemic spreading conspiracy theories about vaccinations and a cabal of global elites, is among those advocating fiscal expansion.

    But it is its tough talk on immigration that has grabbed attention, dragging once-fringe political rhetoric into the mainstream.

    It remains to be seen whether the party can follow the path of other far-right parties with which it has drawn comparisons, such as Germany’s AfD and Reform UK.

    “I am attending graduate school but there are no Japanese around me. All of them are foreigners,” said Yu Nagai, a 25-year-old student who voted for Sanseito earlier on Sunday.

    “When I look at the way compensation and money are spent on foreigners, I think that Japanese people are a bit disrespected,” Nagai said after casting his ballot at a polling station in Tokyo’s Shinjuku ward.

    Japan, the world’s fastest aging society, saw foreign-born residents hit a record of about 3.8 million last year.

    That is still just 3% of the total population, a much smaller fraction than in the United States and Europe, but comes amid a tourism boom that has made foreigners far more visible across the country.

    (Reuters)

  • MIL-OSI Russia: In the first half of 2025, more than 20 million tons of cargo were imported and exported through the Khorgos checkpoint

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    URUMQI, July 21 (Xinhua) — The volume of import and export cargo through Horgos Port in northwest China’s Xinjiang Uygur Autonomous Region totaled 22.255 million tons in January-June 2025, up 4.3 percent year on year, according to Horgos Customs.

    In this indicator, Khorgos ranked first among all checkpoints in Xinjiang.

    The imported goods mainly included electromechanical products, raw copper and copper materials, agricultural products, foodstuffs, metal ore, concentrate, etc., of which the most notable increase was in the volume of trade in imported food products. And the range of export goods mainly included new energy vehicles, electromechanical products, new and high-tech products, clothing, textiles, etc.

    Located on the China-Kazakhstan border, Horgos Port is the country’s first-class land port with the longest history and the largest total volume of cargo in western China. Through the implementation of a series of reform measures at the road and rail ports, Horgos Port continues to improve the efficiency of customs clearance.

    In the first half of this year, the volume of import and export of goods through the Khorgos railway checkpoint reached 6.923 million tons, an increase of 22 percent year-on-year. -0-

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

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  • MIL-OSI Russia: 14 people killed when shift bus overturned in Yakutia

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    Vladivostok, July 21 /Xinhua/ – Fourteen people were killed when a shift bus overturned in the Republic of Sakha (Yakutia), TASS reported on Monday, citing the press service of the Interior Ministry for the republic.

    The car accident occurred on Monday at about 03:20 local time on the technological highway of JSC GOK Denisovsky. The driver of the Nefaz 4208-34 vehicle drove off the road, causing the vehicle to overturn from a height of about 25 meters. There were about 36 people on the bus. As a result of the accident, 14 people died, 7 were injured and hospitalized.

    Work to eliminate the consequences of the accident continues. –0–

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

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  • MIL-OSI Russia: China raises emergency response level for Typhoon Wipha in Guangdong, Hainan

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    BEIJING, July 21 (Xinhua) — China’s National Flood and Drought Control Headquarters on Sunday raised the flood and typhoon response in the southern provinces of Guangdong and Hainan to Level 3 in response to Typhoon Wipha.

    The Guangxi Zhuang Autonomous Region remains in a Level 4 emergency response mode due to the typhoon.

    According to meteorologists, heavy rains are likely in some areas of Hainan and Guangdong provinces from Sunday to Monday.

    Meanwhile, central authorities including the National Disaster Prevention and Mitigation Commission, the Ministry of Emergency Management and the State Food and Material Administration have sent a batch of relief supplies to Guangdong and Hainan. The supplies include 33,000 items such as folding beds, blankets and lamps.

    China has a four-tier emergency response system, with tier one being the most serious. -0-

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

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  • MIL-OSI Russia: Number of certified civil airports in China rises to 263 – China’s transport minister

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    BEIJING, July 21 (Xinhua) — The number of certified civil airports in China will increase to 263 by the end of 2024, up 22 airports compared with the end of the 13th Five-Year Plan (2016-2020), Transport Minister Liu Wei said at a press conference on Monday. -0-

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

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    MIL OSI Russia News

  • MIL-OSI China: Russia says open to talks with Ukraine, but insists on its goals

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

    Russia is ready to move quickly toward a settlement on Ukraine, but the main objective is to achieve its goals, Kremlin spokesperson Dmitry Peskov said Sunday.

    President Vladimir Putin “has repeatedly spoken of his desire to bring the Ukrainian settlement to a peaceful conclusion as soon as possible,” Peskov told state television in an interview. “This is a long process, it requires effort, and it is not easy.”

    “Our goals are clear, they are obvious, they do not change,” he added.

    Russian officials have said repeatedly that any peace deal hinges on Ukraine withdrawing forces from four regions, renouncing its NATO bid and halting NATO troop deployments.

    Ukrainian President Volodymyr Zelensky said on Saturday that his officials have proposed holding a new round of peace talks with Moscow this week. “Everything should be done to achieve a ceasefire,” he said in his evening address to the nation.

    On July 14, U.S. President Donald Trump, during a meeting with NATO Secretary General Mark Rutte in the Oval Office, said the United States will send weapons to Ukraine through NATO, and threatened “severe tariffs” targeting Russia if a ceasefire deal is not reached in 50 days.

    Russia rejected Trump’s 50-day ultimatum, dismissing the threat as unacceptable. 

    MIL OSI China News

  • MIL-OSI New Zealand: Consumer and Patient Working Group to help Pharmac reset

    Source: PHARMAC

    Patient advocate, Dr Malcolm Mulholland, has been appointed Chair of the new Consumer and Patient Working Group that will help Pharmac reset how it works with consumers.

    Pharmac has committed to a 12-month reset programme to become a more outward-focussed and transparent organisation. This is in response to multiple external reviews over the last few years which sought transformational change in Pharmac.

    The new working group, made up of the consumer and patient community, will decide what Pharmac focuses on for the reset programme, taking a hands-on role in the delivery of the work to ensure it reflects consumers’ needs, values, and perspectives. 

    Acting Pharmac Chief Executive, Brendan Boyle, said Dr Mulholland was selected by the patient advocacy community to lead the group, and brings a lot of mana to the role. 

    “We are grateful that Malcolm, and the other nine members of the working group, have offered to partner with us to help us get the Pharmac reset work right.”

    Dr Mulholland said, “We’ve waited a long time for this opportunity.  The work that Pharmac does is vitally important for the health of patients and their families, and this is why getting Pharmac to work as well as it can, will be the focus of the working group.”

    The working group had their first meeting on Monday 21 July at the Pharmac offices in Wellington. They finalised the group’s terms of reference, confirmed the approach for the reset programme, and agreed the first set of actions to focus on.  

    The consumer and patient working group members are:

    • Dr Malcolm Mulholland MNZM – Patient Voice Aotearoa
    • Libby Burgess MNZM – Breast Cancer Aotearoa Coalition
    • Tim Edmonds – Leukaemia and Blood Cancer NZ 
    • Chris Higgins – Rare Disorders NZ 
    • Francesca Holloway – Arthritis NZ 
    • Trent Lash – Heartbeats Charitable Trust
    • Gerard Rushton – The Meningitis Foundation 
    • Rachel Smalley MNZM – The Medicine Gap
    • Tracy Tierney – Epilepsy NZ
    • Deon York – Haemophilia NZ

    MIL OSI New Zealand News

  • MIL-OSI Russia: Labubu and Beyond: Deciphering the Rise of China’s ‘Intellectual Property Economy’

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    BEIJING, July 21 (Xinhua) — Before 2025, few could have predicted that a quirky plush doll with a toothy smile would capture the hearts of social media users around the world and spark a global buying frenzy. Labubu, created by Chinese toy maker Pop Mart, is becoming a new icon of the “intellectual property economy,” a booming sector in China’s economic landscape.

    A buzzword in China, the “IP economy” refers to the process of transforming intangible cultural assets—such as stories, characters, and brands—into a variety of products and services. The sector spans film and television, video games, animation, cultural creations, consumer goods, and many other areas.

    As the latest example of the IP economy, Labubu is rapidly evolving from a pop culture phenomenon to a high-yield collectible that is taking over the global market. The planet was recently stunned when a mint-colored Labubu doll sold at an auction in Beijing for over 1 million yuan. Fueled by the high demand for the doll, Pop Mart’s revenue in the first quarter of 2025 soared 165-170 percent year-on-year.

    Along with other successful Chinese IP assets such as the animated blockbuster “Ne Zha 2” and the video game “Black Myth: Wukong,” Labubu illustrates a growing trend in China: the transformation of culture and creativity, enhanced by advanced technology, into business opportunities across a wide range of sectors.

    TECHNOLOGICALLY DRIVEN CULTURAL REVIVAL

    With a history of more than five thousand years, China has a wealth of cultural treasures. However, reviving traditional culture in a modern way that appeals to younger generations, who are becoming the main consumer group, remains a challenge.

    With its innovation-driven development strategy and impressive technological achievements, China has paved a new path for cultural revival: transforming cultural classics into IP assets using cutting-edge technology.

    According to Wang Linsheng, a senior researcher at the Beijing Academy of Social Sciences, such a transformation cannot be completed by simply copying ideas and concepts or presenting classics in digital form. Rather, it is a process of reinterpreting objects of the classic cultural layer of Chinese civilization to breathe new life into these eternal treasures.

    “With the support of digital technology, China combines cultural classics with modern IP management methods, aiming to transform traditional elements into products that meet the latest aesthetic trends and consumer demand,” Wang Linsheng said.

    His words are supported by the game “Black Myth: Wukong”, inspired by the classic Chinese literary masterpiece “Journey to the West”. Revealing the legendary adventures of Sun Wukong, also known as the Monkey King, the game uses a range of advanced visual technologies to provide realistic scenes and an immersive experience for players of all cultural backgrounds.

    With its technological reimagining of a classic Chinese story, the game has transcended cultural boundaries and become a global hit. On the day of its official release, Black Myth: Wukong topped the charts of Steam, the world’s largest gaming platform, and has since dominated many other gaming markets around the world.

    Commenting on how technology is fueling China’s current IP boom, Chen Gang, an analyst at Soochow Securities, noted that advanced technologies such as 5G and cloud rendering are helping the country overcome the time and space limitations of traditional communication methods, thereby allowing Chinese cultural and entertainment products to reach a wider audience.

    In recent years, cultural sectors have become a powerful catalyst for China’s economic growth. According to the National Bureau of Statistics, China’s per capita expenditure on education, culture and entertainment reached 3,189 yuan in 2024, up 9.8 percent from a year earlier and accounting for 11.3 percent of the country’s total per capita consumer spending.

    Highlighting the role of IP economy in driving economic growth, Wang Linsheng said IP goes beyond just culture or entertainment. The transformation of cultural classics into IP should be based on modern industrial development models, he added, noting that the process also involves various related sectors related to digital media.

    EMERGING INDUSTRIAL CHAIN

    As China’s IP economy continues to unleash its enormous growth potential, it is fostering an industrial chain that involves more and more upstream and downstream enterprises working together to create high-quality products.

    The Chinese fantasy animated film “Nezha 2,” which has already become the highest-grossing film in Chinese cinema history, has caused a “chain reaction” in various industries. To date, more than 10 types of related products based on the film have been planned and launched.

    Earlier this year, Pop Mart released a series of mystery boxes with a Nezha-themed designer toy on its online store on Tmall, a major Chinese online shopping platform. Just eight days after the series was released, the surprise boxes generated over 10 million yuan in revenue. In addition, other related products such as trading cards and plush toys also gained significant popularity.

    By promoting industrial integration based on original IP assets, China is well positioned to build a full industrial chain covering online literature, film and television, games and related products, said Hong Tao, vice chairman of the China Society for Consumer Economy.

    “This full industrial chain development model can expand the application scenarios of intellectual property and help build bridges between the virtual world and reality, thereby generating greater commercial value and economic benefits,” Hong Tao added.

    To achieve this goal, analysts suggested that the country should promote the harmonization of all links in the industrial chain. This can be achieved through the integration of independent IP objects and their systematic, coordinated development.

    “Chinese IP assets can learn from the Marvel universe, which brings together various superheroes in a single narrative structure,” Chen Gang said, adding that the growth model of the American pop culture icon has shown the way to strengthen the interconnectivity and coordination between different IP assets.

    Looking ahead, Wei Pengju, a scholar at the Central University of Finance and Economics, said China should welcome global cooperation in developing its original IP assets. “In this way, the country can make full use of its IP resources and build an international IP system that integrates both cultural and economic values,” he added. -0-

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

    .

    MIL OSI Russia News

  • MIL-OSI Russia: 52 performances to take place at XUAR International Dance Festival

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    URUMQI, July 21 (Xinhua) — The 7th China Xinjiang International Folk Dance Festival opened Sunday in Urumqi, capital of northwest China’s Xinjiang Uygur Autonomous Region. The event will feature 52 performances and will run until Aug. 5.

    The event features 24 dance troupes, including groups from eight foreign countries – Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan, Turkmenistan, the United States, Italy and Cambodia – as well as 16 domestic troupes. Performances include dance dramas, operas, ballet and modern dances.

    With Urumqi as the main venue, the festival will also feature performances in regions such as Ili Kazakh Autonomous Prefecture, Hotan, Aksu, Karamay, Hami and Alaer.

    Associated events include a Silk Road-themed street dance show, performances by local dance troupes, an international dance carnival and a traditional opera week.

    The festival, jointly organized by the Ministry of Culture and Tourism of the People’s Republic of China, the State Council Information Office of the People’s Republic of China and the Xinjiang Uygur Autonomous Region People’s Government, has been held since 2008. The previous six such events have attracted 138 troupes from more than 70 countries and regions, becoming a key platform for cultural exchanges under the Belt and Road Initiative. -0-

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

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  • MIL-OSI Russia: Horse-themed culture and tourism festival opens in XUAR

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    ZHAOSU, XINJIANG, July 20 (Xinhua) — The horse-themed Tianma Culture and Tourism Festival opened Saturday in Zhaosu County, Ili Kazakh Autonomous Prefecture, northwest China’s Xinjiang Uygur Autonomous Region.

    ZHAOSU, XINJIANG, July 20 (Xinhua) — The horse-themed Tianma Culture and Tourism Festival opened Saturday in Zhaosu County, Ili Kazakh Autonomous Prefecture, northwest China’s Xinjiang Uygur Autonomous Region.

    ZHAOSU, XINJIANG, July 20 (Xinhua) — The horse-themed Tianma Culture and Tourism Festival opened Saturday in Zhaosu County, Ili Kazakh Autonomous Prefecture, northwest China’s Xinjiang Uygur Autonomous Region.

    ZHAOSU, XINJIANG, July 20 (Xinhua) — The horse-themed Tianma Culture and Tourism Festival opened Saturday in Zhaosu County, Ili Kazakh Autonomous Prefecture, northwest China’s Xinjiang Uygur Autonomous Region.

    ZHAOSU, XINJIANG, July 20 (Xinhua) — The horse-themed Tianma Culture and Tourism Festival opened Saturday in Zhaosu County, Ili Kazakh Autonomous Prefecture, northwest China’s Xinjiang Uygur Autonomous Region.

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

    .

    MIL OSI Russia News

  • MIL-Evening Report: Opera Australia gives us a rocking Carmen for the post-#metoo era

    Source: The Conversation (Au and NZ) – By Ruben Perez-Hidalgo, Lecturer in Spanish Studies, University of Sydney


    Keith Saunders/Opera Australia

    The story of Carmen, in the 19th century opera by French composer George Bizet, is, at its simplest, the story of a developing tension between Carmen, a stereotypically racialised woman attempting to break free from society’s impositions and her already-written fate.

    Anne-Louise Sark’s adaptation takes that conflict much further.

    Carmen (Danielle de Niese at the performance I attended) is a gypsy who works in a cigarette factory. She catches the eye of Don José (Abraham Bretón), who obsessively falls in love with her.

    Don José’s love for Carmen devolves into what today would be succinctly called “toxic”. In a post-#metoo era, where we are all attuned to anti-racism teachings, Sarks gives us a contrast between the antiquated words sung in French, and the conscious effort to make those words exist in our contemporary world.

    This Carmen is defined by many degrees of contrast. This rocking feeling of contradiction keeps on growing until the climax in the very last act.

    A toxic love

    The opening act begins in a square of Seville. Marg Horwell’s design sees the stage strewn with fluorescent confetti spread all over the floor (as if the Sydney Mardi Gras parade had just ended), a chain link fence colourfully crowded with love locks and flashy ribbons, behind which peeks a monumental but austere cross typical of most squares in that part of Spain.

    There, a teenage couple – sporting polyester track suits – alongside a pair of young lovers similarly attired, and a string of children discordantly dressed stay in the background while one of the khaki-wearing guards begins to sing an aria to the protagonist, “La Carmencita”, also known as Carmen.

    The sensation of the contrast between this contemporary setting and Bizet’s original opera is deepened at the beginning of the second act at Lillas Pastia’s Tavern.

    Marg Horwell’s design plays into the contrast between this contemporary setting and Bizet’s original opera.
    Keith Saunders/Opera Australia

    The stage is crowded by a neon-filled atmosphere composed of camp portrayals of the Virgin Our Lady of Guadalupe and pop art images of the Sacred Heart of Jesus.

    The charm of the background is enhanced by the stellar performances of not only the two main protagonists, Carmen and Don José, but by an array of supporting characters that truly elevate this second bout of the action.

    A string of smugglers are at the tavern of Lillas Pastias, plotting how to bring about their criminal deeds with the help of Carmen, her close friends (incredibly played by Helen Sherman and Jane Ede), and critically Don José, who has just joined them.

    Blinded by this “toxic” love, Don José cannot help but to increase the dramatic tension when he realises Carmen is losing interest in him in favour of the famous bullfighter from Granada, Escamillo (Andrii Kymach).

    The production sees stellar performances from an array of supporting characters.
    Keith Saunders/Opera Australia

    The tension is fortified by the visual conflict between the irreverent religious décor and the ongoing action, consisting of an unruly mob drinking and dancing until the early hours of the morning.

    By the end of this second act, there is another turn of the screw in the depiction of Don José’s progressive possessiveness of Carmen, who in parallel begins to assert ever more explicitly the signs of her indomitability.

    Exploding tension

    The plot picks up pace in the third act, set in the smugglers’ hideout.

    There, an Othello-like Don José spirals down, green with jealousy, in the face of an increasingly distant Carmen. The more Don José wants her, the more Carmen is filled with desires of freedom from her possessive lover.

    This tense dynamic explodes in the fourth act.

    Set in a little cottage right outside a bullring in Seville, it is at this point obvious Carmen and the matador Escamillo are lovers – anticipating Don José’s fatal deed.

    Although the audience must have expected Carmen’s death at the hands of the spirited Don José, witnessing the act of her killing on stage comes as more than just an awaited unpleasant surprise.

    It works to anchor the conflict at the core of Sark’s adaptation.

    The more Don José wants her, the more Carmen is filled with desires of freedom from her possessive lover.
    Keith Saunders/Opera Australia

    For a flash moment, we are pushed to peek beyond the fiction. Don José strangles with his bare hands the actress playing Carmen, her arm hopelessly punching her aggressor, her legs writhing in despair. Such an instant from our sad reality shocks through the stage, breaking the fourth wall.

    The theatricalisation of Carmen’s killing is also the realisation that male violence against women is anything but a fiction – least of all one left in the distant past.

    Paradoxically, the quick lowering of the curtain and the much-deserved long applause that follows serves to cut short the impact of the “real” death of Carmen shown on stage.

    Perhaps, for the next version, a new director will find a newer way to make Carmen’s reality last beyond the many pleasures of watching this multi-layered drama unfold.

    Carmen is at the Sydney Opera House for Opera Australia until September 19, then playing in Melbourne.

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

    ref. Opera Australia gives us a rocking Carmen for the post-#metoo era – https://theconversation.com/opera-australia-gives-us-a-rocking-carmen-for-the-post-metoo-era-261103

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI China: China win thriller to sink Cuba in Men’s Volleyball Nations League

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

    China staged a dramatic comeback to secure a 3-2 victory over Cuba (20-25, 25-23, 15-25, 25-22, 19-17) on the final day of the FIVB Men’s Volleyball Nations League preliminary phase in Gdansk, Poland, on Sunday.

    Outside hitter Wang Bin powered Vital Heynen’s side with 26 points, while captain Jiang Chuan added 13. Despite a dominant 31-point performance from Cuba’s Marlon Yant, including 29 kills, China held their nerve to complete the turnaround.

    Cuba came out strong, racing to a 5-1 lead and taking the first set 25-20, with Yant and Miguel Angel Lopez combining for 12 points. China responded in the second set, pulling ahead 20-17 on Wang’s ace. Although Cuba leveled at 21-21, Wang’s decisive spike and a successful challenge on the final point secured a 25-23 equalizer.

    The momentum swung back to Cuba in the third set as they cruised to a 25-15 win. But China refused to fold, erasing a 9-4 deficit in the fourth set to tie the score at 15-15. Wang Hebin’s attack capped a 25-22 win, forcing a tiebreak.

    In the final set, Rao Shuhan’s blocking and clutch attacks from Jiang Chuan pushed China ahead 4-1. Cuba fought back with Javier Concepcion’s late point, but Ji Daoshuai’s spike sealed China’s 19-17 victory.

    Despite the loss, Cuba qualified for the finals with six wins. China finished 17th in the preliminary phase with three victories.

    “China did a great job today. They fought for every point, all the time. We didn’t push enough to win the game. We need to be better at this as well, as sometimes we don’t do enough,” Cuba’s opposite spiker Jose Masso Alvarez told the official website of the Volleyball Nations League after the game.

    Elsewhere on the day, Iran beat Bulgaria in straight sets. Amin Esmaeilnezhad produced 19 points for the winners, while Amirhossein Esfandiar added 14.

    In the last game of the week in Gdansk, Poland edged past France 32-30, 20-25, 25-20, 23-25, 15-12. Wilfredo Leon earned 30 points for the winners, while Theo Faure poured in two points less for France. Both teams have booked their spot in the best eight earlier.

    The final round of the Men’s Volleyball Nations League will be played in Ningbo, China, from July 30 to August 3. 

    MIL OSI China News