Category: Europe

  • MIL-OSI Global: US v them: Trump’s tariffs and his economic vision of dominance

    Source: The Conversation – France – By Jérôme Viala-Gaudefroy, Spécialiste de la politique américaine, Sciences Po

    US President Donald Trump’s April 2 announcement of sweeping new tariffs against numerous countries isn’t just driven by (already questionable) economic reasoning. It reflects the deeply adversarial worldview embraced by the current occupant of the White House.

    Since returning to the presidency, Trump has unleashed a new wave of tariffs unprecedented in scope. Traditional allies and strategic rivals are now under the same banner, marking a radical shift in Washington’s trade policy that hardens positions taken in Trump’s first term, amplifying them with an unbridled display of power.

    Just as in 2017, when he spoke of “American carnage”, Trump paints an apocalyptic picture of the US, a country he claims has been “looted, pillaged, raped and plundered by nations near and far, both friend and foe alike”. This dramatic narrative is met with a double promise of “liberation” and the restoration of a new “golden age”.



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    Tariffs thus become the weapons of a nationalist crusade, where every import is an attack on sovereignty, and every export a symbolic act of reconquest.

    An authoritarian vision of international trade

    Trump’s trade doctrine is part of a broader strategy defined by confrontation, centralised executive power and a neo-imperial view of the global economy. His tariff measures go far beyond protecting domestic industry: they aim to reshape the global order according to his own interpretation of national interest. This second act of the Trumpist revolution is not a rerun, but an escalation – one based on authoritarian ambitions, the rejection of multilateralism (as seen in the administration’s utter disdain for the World Trade Organization, and the glorification of raw sovereignty.

    The supposed economic logic behind these policies is as flimsy as it is revealing. The chosen calculation method – dividing the bilateral trade deficit by import volumes – is little more than a blunt instrument to go after countries the US runs a deficit with. Officially, it’s about cutting trade deficits, bringing jobs back and raising revenue. But the real agenda runs deeper: consolidating presidential power and replacing global cooperation with a doctrine of economic domination.

    Tariffs as tools of power and messaging

    Trump’s first term has shown the limits of this strategy. The trade war with China, in particular, triggered price hikes for consumers, disrupted supply chains and severely hurt US agricultural exporters. One study found that US consumers bore the brunt of these costs, with an average 1% increase in the prices of manufactured goods.

    Trump doesn’t behave like a traditional head of state operating within a multilateral framework. He acts more like a lone ruler, dispensing rewards and punishments to serve his political – or even personal – agenda. Tariffs, in this context, function as much as media stunts as they do economic instruments. Branded as “reciprocal tariffs”, they construct a simplified and powerful narrative: that of a crusader who corrects the wrongs inflicted on citizens betrayed by free trade.

    This message hits home with workers in industries like auto manufacturing. It offers up convenient villains – China, Europe, and the domestic elite who support free trade. Trade policy is no longer about negotiation; it’s about retribution. In this worldview, the spike in tariffs isn’t just an economic manoeuvre – it’s a statement of sovereignty, even of symbolic power.

    From personal obsession to state doctrine

    Trump’s protectionism is not an overnight development, but part of a long-standing obsession. As early as 1987, he railed against Japan’s trade surpluses with the US and called for steep tariffs on Tokyo. He spoke of the US being “ripped off” and showed a near-paranoid fear of national humiliation or betrayal. At its core, this reflects a deep-seated drive to reassert dominance – to “win” in a world he views as inherently hostile and conflictual. It’s one of the few constants in Trump’s worldview, given his lack of ideological consistency and frequent U-turns on other issues.

    Today, everything is reframed as a question of sovereignty: rare earths, strategic minerals, data flows, shipping lanes. This worldview echoes the imperialist pivot of the late 19th century, especially under US president William McKinley (1897–1901) – a figure Trump pointedly invoked in his second inaugural address.

    This logic also helps explain some of his most provocative gestures: stating he wants to buy Greenland, putting pressure on Canada in hopes of access to its natural resources, and eyeing Ukraine’s mining potential. The underlying idea is blunt and unmistakeable: resources are finite, and you’d better grab your share before someone else does. In this zero-sum game, where one country’s gain is another’s loss, cooperation gives way to conquest.

    The rise of techno-nationalist mercantilism?

    In this worldview, competition isn’t seen as a source of innovation – it’s a threat to be eliminated. The aim isn’t to make America more competitive, but to sabotage the competitiveness of others. The US no longer presents itself – even rhetorically – as a democratic nation playing by the rules of global markets. Instead, it acts like a corporation determined to secure monopoly power.

    This authoritarian shift resonates with key Trumpist thinkers. Peter Thiel, a mentor to US Vice President JD Vance, famously declared that “capitalism and competition are opposites”, championing monopoly as the ultimate goal. Cuts to the federal government and sweeping deregulation aren’t about unleashing free markets – they’re about consolidating control and asserting dominance.




    À lire aussi :
    Trump protectionism and tariffs: a threat to globalisation, or to democracy itself?


    The aim now is to sidestep global systems, not to integrate them – to build an imperial-style autarky where the US controls a closed sphere of influence, shielded from outside competition. This is mercantilism reimagined for the digital age: instead of gold and silver, the currency is data, infrastructure, dollars and crypto currency. Cooperation gives way to coercion.

    Toward an authoritarian international order – or a political disaster?

    The April 2 announcement is far more than an economic decision. It’s a bold political statement – a deliberate move toward a new world order rooted in strength and loyalty, rather than law and cooperation.

    There’s undeniable continuity with Trump’s first term. But this time, the scale, radicalism and concentration of power represent a decisive escalation. Trump increasingly treats the state as his personal property – or a private business – what some have aptly called “patrimonialism”. He is shaping an authoritarian model in which trade becomes a weapon in a new kind of global cold war, driven by fear of decline and an obsession with control. In this logic, prosperity is no longer a shared national goal – it’s a privilege reserved for those in power.

    This trajectory could become politically explosive, especially as Trump faces falling markets and looming inflation – both threatening a weakening of his presidency. If he doubles down despite sinking approval ratings, Republican lawmakers may be forced – under pressure from their voters and donors – to finally push back and reassert their constitutional role. Early signs of dissent within the Republican Party are already surfacing, alongside public anger that remains scattered – but is growing harder to ignore.

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

    ref. US v them: Trump’s tariffs and his economic vision of dominance – https://theconversation.com/us-v-them-trumps-tariffs-and-his-economic-vision-of-dominance-254096

    MIL OSI – Global Reports

  • MIL-OSI United Kingdom: Ministry of Defence highlights impact of management programme

    Source: United Kingdom – Executive Government & Departments

    News story

    Ministry of Defence highlights impact of management programme

    More than eight out of ten of Ministry of Defence line managers say they apply learning from the cross-Civil Service programme to their work

    Danielle Skeete, Assistant head of learning and development, Ministry of Defence

    More than eight of ten civil servants from the Ministry of Defence (MOD) who completed Government Skills’ Management: Foundation Programme say they apply their new learning in their current jobs.

    The same proportion of participants also said the cross-Civil Service programme was ‘perfectly pitched’ to meet their needs as line managers.

    Best practice 

    The department was an early adopter of the programme and it has helped it deliver on its strategic goal of creating a great culture for staff.

    Head of capability, apprenticeships and learning Dan Okin said: “The programme is about teaching the fundamentals of line management capability.

    “We want to introduce (our line managers)  to management tools and best practice techniques and, most importantly, to make sure they’re confident in using them at the appropriate time.”

    Creating an ideal culture 

    He added: “All this is going to help us create the ideal employee culture within the department.”

    Prior to adopting the Management: Foundation programme, the MoD ran its own 12-week blended Line Managers in Defence programme.

    But Dan added: “Line management is line management, whether you’re at the MoD, the Home Office, Tesco or Google. Therefore, establishing how much organisational specificity you want or need can be a tricky balancing act.” 

    The newly refreshed Management: Foundation programme has now been adopted by multiple departments and government bodies.

    High performance

    MOD’s assistant head of learning and development Danielle Skeete said switching to the Management: Foundation programme was a straightforward process, with the programme’s themes and content representing a good match for the department’s ambitions. 

    “It resonated with how we believe line management capability to be the basis of any high performing employee environment,” she said.

    In Danielle’s view, the peer learning group discussions that follow each of Foundation’s four modules provide the more specific MoD context that some learners want.

    Supportive line managers

    So her goal is to encourage more learners to attend those discussion groups and to stay in touch after formal learning ends.

    “Overall, all our other metrics are really pleasing though.” she said.

    “For example, 84% of participants said how supportive their own line managers had been while they were on the programme, protecting their study time and having one-to-one discussions about how they were getting on.

    Confident in their skills

     “But it’s the fact that 81% have been able to apply what they’ve learned that I find most encouraging. That means that participants feel sufficiently confident in the skills they’ve developed to have a difficult conversation around performance or attendance, for example. 

    “The Foundation programme represents a significant commitment but knowing that people are bringing what they’ve learned back to the department makes it all worthwhile.”

    Updates to this page

    Published 8 April 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Wales well-placed to benefit from increased spending on defence

    Source: United Kingdom – Government Statements

    Press release

    Wales well-placed to benefit from increased spending on defence

    Latest figures show the Ministry of Defence spends £290 for every person in Wales.

    Wales Office Minister Dame Nia Griffith at Teledyne Qioptiq.

    • Wales a key player in the defence industry providing critical technology and innovation
    • Latest figures show the Ministry of Defence spends £290 for every person in Wales and directly supports over 7,000 jobs
    • Increased spending on defence recently announced by the Prime Minister boosts national security and drives economic growth

    The cutting-edge work being carried out by defence sector firms in Wales has been highlighted on a visit by a UK Government Minister to North Wales.

    Wales Office Minister Dame Nia Griffith visited Teledyne Qioptiq Ltd in St Asaph today (Thursday 3rd April).

    The firm specialises in advanced electro-optic technology which is integral to a wide range of defence programmes including the Eurofighter Typhoon aircraft and Challenger 2 tanks. The firm also plays a key supporting role for the infantry through the STAS contract.

     Wales Office Minister Dame Nia Griffith said:

    The defence industry is a cornerstone of our national security and economic prosperity.

    All of the Ministry of Defence’s top five suppliers have a footprint in Wales and so we are well placed to benefit from an increase in defence spending.  

     > “Companies like Qioptic are not only driving innovation but also providing high-quality jobs and contributing significantly to our local and national economy.

    The UK Government’s number one mission is kickstarting economic growth. By investing in the defence sector we safeguard our national security, create new jobs and put more money in people’s pockets.

    Peter White, Managing Director of Qioptiq said:

    It is a privilege to continue to play our part in keeping our troops and society safe.

    Wales plays a key role in the UK’s defence industry with over 160 companies employing more than 20,000 people and is well placed to benefit from increased defence spending.

    Last month, the Prime Minister made a commitment to increase UK defence spending to 2.5% of GDP from April 2027.  

    According to the most recent figures the UK Government’s Ministry of Defence spent £914m in 2023-24 with industry and commerce in Wales, an increase from 2022-23 of £86m and directly supported 7,700 jobs in the country.

    In the Autumn Budget, the Chancellor committed £975 million over the next five years to the aerospace sector, with £49 million already confirmed for projects in Wales.    

    While in North Wales, Dame Nia also visited Wagtail UK in Mostyn.

    Wagtail is an award-winning company which provides detection dogs and dog trainer handling and supplies bodies including UK Border Force, HM Revenue & Customs, Police, Trading Standards and Armed Forces.

    Updates to this page

    Published 8 April 2025

    MIL OSI United Kingdom

  • MIL-OSI Europe: Entitlement to statutory sick leave to remain unchanged at 5 days

    Source: Government of Ireland – Department of Jobs Enterprise and Innovation

    Minister for Enterprise, Tourism and Employment, Peter Burke TD has today confirmed that entitlement to paid statutory sick leave will remain at five days per calendar year.  

    Statutory sick leave was introduced for the first time in 2023 when the entitlement was set at three days per calendar year, with this moving to five days from January 1st 2024.

    Minister Burke said:

    “As Minister for Enterprise, Tourism and Employment, I am committed to promoting working conditions in Ireland and boosting job creation.  I must also ensure that we create a regulatory environment that allows businesses to remain viable, and, indeed, to thrive.

    “Since the introduction of statutory sick leave in 2023, and subsequently the increase in the sick leave entitlement to 5 days in 2024, business owners and representative organisations, particularly in the retail and hospitality sectors, have consistently raised concerns about the cumulative impact of such regulatory measures in light of rising labour, input and energy costs. Five days’ sick leave strikes the right balance. It gives workers income protection for five days, after which Illness Benefit is there to support them.”

    Paid sick leave ensures that employees are entitled to a minimum level of financial compensation if they are unable to work due to illness or injury. Workers will be entitled to up to 5 days of sick leave in a calendar year, paid at 70% of gross earnings, up to a daily cap of €110. The goal of the legislation is to provide a level of financial protection to employees, often in low-paid, precarious roles, who are genuinely unfit to work due to illness or injury but who do not have access to a company sick leave scheme. The illness benefit scheme operated by the Department of Social Protection remains available to eligible employees once they have exhausted their entitlement to employer-paid sick leave.

    Research by the Irish Government Economic and Evaluation Service and the Department of Enterprise, Trade and Employment on sick leave in Ireland found that firms in the retail, accommodation and food services sectors are likely to be more affected should the statutory sick leave entitlement increase from 5 days to 7 days.

    Separately, the Department of Enterprise, Trade and Employment is currently working on an analysis of closures in the hospitality sector. This work is being completed as a matter of priority.

    ENDS

    Notes for Editors

    • The Sick Leave Act 2022 commenced on 1 January 2023. The entitlement was initially set at 3 days per year in 2023, which increased to 5 days on 1 January 2024.
    • The entitlement will remain unchanged at 5 days per calendar year.
    • Once an employee has exhausted their entitlement to employer-paid sick leave, they should move onto illness benefit, operated by the Department of Social Protection, if eligible.
    • Research by the Irish Government Economic Evaluation Service and the Department of Enterprise, Trade and Employment on the impact of the introduction of statutory sick leave in Ireland found that firms in the retail, accommodation and food services sectors were likely to be more impacted should the statutory sick leave entitlement increase from 5 days to 7 days.

    MIL OSI Europe News

  • MIL-OSI United Kingdom: Oldham Council: Places for Everyone revocation decision letter

    Source: United Kingdom – Executive Government & Departments

    Correspondence

    Oldham Council: Places for Everyone revocation decision letter

    Places for Everyone revocation request: decision letter from the Minister of State for Housing and Planning, Matthew Pennycook MP, to Oldham Council.

    Applies to England

    Documents

    Oldham Council: Places for Everyone revocation decision letter

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

    Details

    The Minister of State for Housing and Planning, Matthew Pennycook MP, has written to Oldham Council responding to their request to revoke the Places for Everyone Joint Plan as it applies to the borough of Oldham.

    Updates to this page

    Published 8 April 2025

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    MIL OSI United Kingdom

  • MIL-OSI Russia: From learning about professions to meeting graduates: colleges to hold a single open day

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    On April 12, 48 capital colleges will hold a single open day. Schoolchildren will be introduced to promising areas of study, and teachers, students, and graduates who work at the city’s leading enterprises will answer questions from future applicants. This was reported by Anastasia Rakova, Deputy Mayor of Moscow for Social Development.

    “Moscow creates all the conditions for obtaining high-quality secondary vocational education. Our colleges are modern workshops, relevant training programs and close cooperation with the city’s leading employers. On April 12, 48 educational organizations are waiting for future applicants. The guys will get acquainted with promising professions, see the latest equipment, talk to successful graduates and try themselves in the role of specialists in master classes,” the deputy mayor noted.

    Anyone can attend the single open day at colleges. You will need pre-registration.

    So, in First Moscow educational complex Guests will be able to try themselves in the role of an IT specialist, marketer and artist. The children will be offered to create a name badge using a neural network, master the basics of make-up and paint a watercolor still life under the guidance of experienced teachers.

    Schoolchildren will be told how to build a career in the subway at the corporate university of the transport complex. This is a partner site Moscow Transport College, so thematic master classes are organized here. The children will learn how a train is built, try to operate a train on a simulator, and then visit the college’s workshops, where they will see how specialists are trained.

    Those who are interested in construction and design are welcome in Moscow College of Architecture and Urban PlanningHere, guests will be able to design a building in a special program, study lighting schemes and create a graffiti sketch. And in Polytechnic College No. 8 named after twice Hero of the Soviet Union I.F. Pavlov Participants will assemble and configure a drone, and then independently launch it on a training ground. In addition, they will be shown how an industrial robotic manipulator works and how 3D stickers are created.

    Moscow educational complex “West” has prepared master classes on cooking and hospitality. Schoolchildren will be taught how to make muffins, tartlets with jam and Italian meringue, as well as how to paint gingerbread. In the classes on make-up and style, they will talk about trends in the beauty industry, and share the secrets of stylish make-up and hair.

    IN Medical College No. 2 Ninth-graders will try themselves in the role of medical workers. They will learn to measure blood pressure, apply bandages and even perform cardiopulmonary resuscitation. And the interactive anatomy table “Pirogov” will help to understand the structure of the human body.

    The Unified Open Day in Moscow colleges will be held within the framework of the federal project “Professionality”. It is being implemented by decision of the President of Russia. The goal of the project is to create a new model for training qualified personnel taking into account the current needs of the regional economies.

    The capital’s colleges hold open days all year round. Find out more and register here on the website.

    More information about the in-demand professions and specialties taught in the capital’s colleges can be found in the section “Colleges» on the portal“School. Moscow”, in the telegram channel“Colleges of Moscow” and the same name community on the social network VKontakte.

    Practical classes for students of Moscow colleges are held in modern workshops and laboratories. This contributes to the formation and development of professional skills in students and corresponds to the objectives of the national project “Youth and Children”.

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

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

    https: //vv.mos.ru/nevs/ite/152346073/

    MIL OSI Russia News

  • MIL-OSI: JA Mining’s new cloud mining service is officially launched, helping investors seize the opportunity of low-priced Bitcoin market

    Source: GlobeNewswire (MIL-OSI)

    Warwick, April 08, 2025 (GLOBE NEWSWIRE) — JA Mining, the world’s leading cryptocurrency mining solution provider, has officially announced the launch of a newly upgraded cloud mining service, which aims to help investors seize the golden opportunity in the recent low Bitcoin price market environment and easily accumulate digital asset reserves. The new service not only lowers the participation threshold by simplifying the mining process, optimizing the distribution of income, and providing green mining technology, but also creates an efficient and safe asset appreciation experience for users.

    In response to market fluctuations, the mining industry has ushered in a golden opportunity

    The recent short-term decline in Bitcoin prices has attracted widespread attention in the market. Many investors regard it as a manifestation of market uncertainty, but for the mining industry, it is a rare opportunity. JA Mining encourages investors to accumulate more Bitcoin reserves through cloud mining during the low price period, creating higher returns when prices rebound in the future.

    Through global data center deployment and computing power leasing services, JA Mining allows users to easily participate in mining without purchasing mining machines. Combined with intelligent algorithm optimization strategies, regular distribution of income ensures that users can obtain safe and efficient digital asset value-added services. 

    Core highlights of the new service: Redefining the cloud mining experience

    JA Mining’s new service not only upgrades the mining process, but also redefines industry rules with innovative technology and unique models, providing users with the following core functions:

    • 1 Registration rewards, zero threshold to start

    New users can get a reward worth $100 after registration, without complicated procedures, and start the mining journey immediately.

    • 2 Legality and security guarantee

    JA Mining is regulated by the Financial Conduct Authority (FCA) of the United Kingdom, legal and compliant, and provides reliable protection for every investment of users.

    • No equipment required, no worries

    Users do not need to buy mining machines or master complex technologies, just choose the right computing power contract to start mining.

    • 4 All-weather support, professional companionship

    The JA Mining team provides 24-hour online support, whether users are novice or senior investors, they can get professional answers and companionship.

    • 5 Daily income is credited to the account, and it can be realized quickly

    Users’ mining income will be credited to their accounts on time every day, without waiting, fully reflecting the value of time.

    • 6 Green mining technology, environmentally friendly and efficient

    JA Mining adopts low-energy consumption technology and abandons the traditional high-energy consumption mining model, which not only creates benefits for users, but also promotes environmental protection.

    • 7 Alliance plan, share wealth

    Users can get up to 7% referral bonus by inviting friends to join the platform, share value and get rich together.

    How to quickly start the JA Mining cloud mining journey?

    Want to make money easily? JA Mining provides you with a simple and fast cloud mining experience!

    1.  Register an account and receive exclusive rewards

    Users only need to visit the JA Mining official website (https://jamining.com/), complete the registration in a few minutes, and immediately receive a $100 reward to experience the convenience and efficiency of cloud mining.

    2. Choose a personalized computing power contract

    Whether you are a novice or an experienced investor, JA Mining provides a variety of computing power contracts. Choose the solution that suits you best based on your budget and profit goals to get the most value for every penny.For example:

    · Basic cloud computing plan: invest $200, contract period 2 days, potential profit $214

    · Classic cloud computing plan: invest $500, contract period 3 days, potential profit $527

    · Advanced cloud computing plan: invest $1000, contract period 5 days, potential profit $1095

    · Super cloud computing plan: invest $5800, contract period 14 days, potential profit $7424

    In short

    As a leading platform in the cloud mining industry, JA Mining provides users with efficient and safe mining services through technological innovation, green mining and global layout. With its commitment to sustainable development and exploration of the field of crypto finance, JA Mining not only creates long-term and stable returns for users, but also plays an important role in promoting the construction of the digital economic ecosystem, demonstrating its vision and potential in the industry.

    Official website: https://jamining.com/


    Contact email: info@jamining.com

    Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. Cryptocurrency mining and staking involve risk. There is potential for loss of funds. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

    The MIL Network

  • MIL-OSI USA: Reps. Mike Collins, Brandon Gill Introduce the Staged Accident Fraud Prevention Act

    Source: United States House of Representatives – Representative Mike Collins (R-Georgia 10th District)

    Washington, D.C. – Today, Representatives Mike Collins (GA-10) and Brandon Gill (TX-26) introduced the Staged Accident Fraud Prevention Act to make intentionally staging a crash with a motor vehicle a federal crime. 

    “Criminal elements are launching an assault against America’s truckers, in the courtroom and on our roads. Staged accidents take advantage of truckers’ high insurance coverage and make them prime targets for criminals looking for a quick payday, saddling truckers with millions of dollars in inflated damages, increasing insurance premiums for all Americans, and driving up the costs for every transported good,” said Rep. Mike Collins. “The Staged Accident Fraud Prevention Act will hold these fraudsters and their co-conspirators accountable and stop the ‘nuclear verdicts’ that are bankrupting truckers across the country.”

    “I’m proud to co-lead the Staged Accident Fraud Prevention Act with Rep. Mike Collins, because protecting truck drivers from criminal fraud is essential to keeping our highways safe and our economy moving. With Texas being a critical freight corridor for our entire economy, we must send a clear message: staging a crash with a commercial vehicle isn’t a payday—it’s a federal crime,” said Rep. Brandon Gill.

    “When con artists seeking a big payday intentionally collide with commercial motor vehicles, their reckless disregard for safety puts innocent truck drivers and the motoring public at risk.  These unscrupulous individuals perpetuate their selfish actions by filing frivolous lawsuits against honest trucking companies, raising costs for consumer goods and contributing to soaring insurance premiums,” said American Trucking Associations Senior Vice President of Legislative Affairs Henry Hanscom. “ATA commends Congressmen Mike Collins and Brandon Gill for introducing the Staged Accident Fraud Prevention Act, which would close legal loopholes that criminals are exploiting to attack America’s hardworking truckers.  By establishing clear, enforceable criminal penalties that apply to all of the conspirators involved in staged collisions, we can finally put an end to this dangerous and costly practice.”

    “On behalf of the Georgia Motor Trucking Association, hundreds of family-owned trucking interests, and Georgia’s 74,000+ truckers, we stand in strong support of the Staged Accident Fraud Prevention Act sponsored by Georgia’s own Congressman Mike Collins. One in 12 Georgians work in the trucking industry spread across 95,000+ companies. 76% of Georgia communities are completely dependent on truckers to deliver the goods they need, and our industry moves over 363,000 tons of manufactured goods each day in Georgia – 96.9% of total manufactured tonnage. In today’s economy, truckers are recovering from a multi-year freight recession and facing higher insurance rates, rising operational costs, and depressed volumes. Additionally, our industry is facing new threats from highly sophisticated cargo theft and accident staging. The Staged Accident Fraud Prevention Act will provide desperately needed federal guardrails and accountability structures for these growing threats. The Georgia Motor Trucking Association has been the voice of Georgia’s trucking industry for over 90 years, and we are grateful to Congressman Collins and Congressman Gill for their steadfast leadership on behalf of our industry,” said Seth Millican, President & CEO of the Georgia Motor Trucking Association.

    “Staged accidents are not victimless crimes. These are calculated, premeditated assaults that endanger lives, destroy livelihoods, and compromise highway safety. To add insult to injury, criminals abuse the legal system for profit through false accusations and lawsuits, which contribute to skyrocketing insurance premiums for small trucking businesses,” said Lewie Pugh, Executive Vice President, Owner-Operator Independent Drivers Association. “OOIDA and our 150,000 members support Representative Collins and his commonsense legislation to protect law-abiding truckers from sophisticated criminal fraud schemes that exploit the hardworking men and women behind the wheel.” 

    “The Texas Trucking Association strongly supports the Staged Accident Fraud Prevention Act of 2025. This critical legislation will protect hardworking truck drivers and companies from the growing threat of staged accidents, which jeopardizes road safety and imposes significant financial burdens on the trucking industry. By targeting these fraudulent schemes, this bill ensures fairness and promotes a safer transportation system for everyone,” said John D. Esparza, President & CEO of the Texas Trucking Association.

    Background

    Increasingly, con artists in passenger vehicles are intentionally colliding with commercial motor vehicles to file frivolous lawsuits, seeking damages that often exceed seven figures. These accidents endanger highway travelers, drive up the costs of insurance, and put small owner-operators out of business. Despite a rise in staged truck accidents, few states have taken action to crack down on this criminal activity. 

    The Staged Accident Fraud Prevention Act establishes clear, enforceable criminal penalties for those who stage these collisions, as well as the attorneys, physicians, and other co-conspirators who knowingly participate in this fraud. 

    The Staged Accident Fraud Prevention Act is supported by: 

    • The American Trucking Associations
    • Owner-Operator Independent Drivers Association
    • Truckload Carriers Association
    • Georgia Motor Trucking Association
    • Texas Trucking Association

    MIL OSI USA News

  • MIL-OSI: Paris Blockchain Week 2025 Kicks Off with BYDFi and MoonX Stealing the Spotlight

    Source: GlobeNewswire (MIL-OSI)

    PARIS, April 08, 2025 (GLOBE NEWSWIRE) — Paris Blockchain Week (PBW) 2025 officially opened today at the Carrousel du Louvre, drawing global attention as Europe’s most influential gathering for blockchain and Web3 innovation. As an official sponsor, BYDFi marked its fifth anniversary with a major reveal—debuting its brand-new on-chain trading platform, MoonX, for the first time on an international stage.

    With more than 10,000 attendees on site—including industry leaders, developers, and innovators—PBW’s opening day buzzed with energy. BYDFi’s booth (#44) quickly became one of the hottest spots, with a steady stream of visitors exploring the future of Web3 trading. The timing couldn’t have been more fitting: MoonX’s unveiling aligned perfectly with BYDFi’s five-year milestone, adding an extra layer of significance to the launch.

    “Our fifth anniversary marks a new beginning,” said Michael, CMO of BYDFi. “MoonX isn’t just a trading platform—it’s our statement of intent for the future of Web3. We’re excited to unveil it here in Paris and connect with pioneers from around the world shaping the crypto economy.”


    “Crypto Travel Challenge” Sparks Global Excitement

    To celebrate its anniversary and kick off PBW with energy, BYDFi launched its “Crypto Travel Challenge”—a hybrid online-offline campaign inspired by the brand’s five-year journey. On site, attendees scanned QR codes at the booth to complete missions and claim exclusive “Crypto Voyager Backpacks” and limited-edition BYDFi merch. The prize line stretched long, as excitement spread throughout the venue.

    Meanwhile, online participants joined from around the world by following BYDFi’s official X account (@BYDFi_Official), reposting the challenge, and tagging #BYDFiPBW2025 to enter giveaways. The global crypto community responded with enthusiasm.

    One lucky winner from France said, “I got the Crypto Voyager backpack and tested out MoonX—this trip to Paris was more than worth it!”

    The campaign brought the BYDFi community closer together and turned the booth into a vibrant hub where innovation and interaction met.

    PBW 2025: A Strong Start for BYDFi

    Throughout the day, BYDFi’s booth welcomed a steady stream of crypto professionals, investors, and curious newcomers. Visitors demoed MoonX, engaged in real-time conversations about the MemeCoin market, and explored the next phase of on-chain trading. Nearby, a crypto-themed coffee bar added a relaxed touch, reinforcing BYDFi’s mission to bring warmth and personality to the digital finance space.

    The Paris Blockchain Week journey has only just begun. With more surprises and sessions scheduled from April 9–10, BYDFi promises even more to come.

    About BYDFi

    Founded in 2020, BYDFi is one of Forbes’ Top 10 Global Crypto Exchanges, serving over 1,000,000 users worldwide. The platform holds multi-national MSB licenses, is a member of Korea’s CODE VASP Alliance, and leads the industry in compliance and transparency with a 1:1 asset reserve policy and regular Proof of Reserve reports.

    Twitter( X )| LinkedIn| Facebook | Telegram| YouTube

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/fb274331-74f0-470e-83de-a00ae15d0488

    https://www.globenewswire.com/NewsRoom/AttachmentNg/339d572a-89b7-427f-998d-fe3d71150781

    The MIL Network

  • MIL-OSI United Kingdom: The Lab wins national award for its local impact

    Source: Anglia Ruskin University

    The Pineapple Awards 2025. From left: Murdoch Cameron, Director of MCW architects; Jacqueline Moffat, Head of Projects at ARU Peterborough; Professor Ross Renton, Principal of ARU Peterborough; Lien Geens, Associate Director of MCW architects; and Christine Murray, Co-founder of The Pineapples Awards

    ARU Peterborough’s new £32 million building, The Lab, has won a prestigious national award for its impact on the city.

    The Lab triumphed in the Best Building category at the Pineapples Awards 2025, which celebrate buildings that have a positive effect on places and people.

    ARU Peterborough outshone five other contenders in the category, including 8 Bishopgate, a 50-storey tower block in the City of London, and UCL East Marshgate, University College London’s new development at the Queen Elizabeth Olympic Park in East London.

    Pineapples have historically symbolised welcome in UK architecture, and ARU Peterborough received a golden pineapple trophy at the awards ceremony in London.

    The judges praised The Lab, stating: “This building should be highlighted for the palpable impact that a facility can have in Peterborough. It is inspiring to see a regional team building something from scratch which inspires its local community.

    “It is a real beacon for its placemaking and wider social impact. What really lifted it above the other projects was this impact which highlights the civic role that a university can have.

    “The public spaces created are really versatile and adaptable for different uses. As the university campus develops this building will sit at its heart.”

    The Lab is home to the Living Lab, designed to host exhibitions, talks, and public engagement events. It also contains teaching spaces, tissue culture and microbiology labs, and engineering workshops, allowing ARU Peterborough to offer a wider range of courses.

    “We’ve received some impressive accolades in the last 18 months, including winning the Times Higher Education University of the Year award and being named Social Mobility University of the Year, but this award is very special indeed.

    “From day one, we’ve been clear that ARU Peterborough is designed to serve the needs of this great city, and so to receive this award is fantastic recognition that we’re on the right track.

    “As the university continues to grow, this building will be at its heart, and we encourage everyone to come and explore ARU Peterborough’s open campus for themselves.”

    Professor Ross Renton, Principal of ARU Peterborough

    Completed last summer and officially opened in the autumn, The Lab was built by Morgan Sindall Construction and designed by Cambridge-based MCW architects.

    “Our vision was to create more than just a building; we aimed to thoughtfully integrate The Lab with the first phases of the University while establishing it as an inspiring hub for the city.

    “A key part of this was designing for transparency – offering inviting views into the dynamic activities within, encouraging the wider community to feel connected and enticed to be part of the university’s vibrant campus.

    “Seeing The Lab come to life and now receive this prestigious award is a testament to the vision of the client and the dedication of the entire project team.”

    Lien Geens, Associate Director of MCW architects

    The next undergraduate Open Day at ARU Peterborough is on Saturday, 7 June. The event provides the chance to explore the campus and find out more about the different employment-focused courses on offer.

    ARU Peterborough is a partnership between Anglia Ruskin University, Peterborough City Council and the Cambridgeshire and Peterborough Combined Authority.

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Rivers are increasingly being given legal rights

    Source: Anglia Ruskin University

    The River Ouse in East Sussex, which has been given rights by Lewes District Council

    By Oluwabusayo Wuraola, Anglia Ruskin University

    A district council in England has passed a motion to grant its local river the rights to flow freely, to be free from pollution and to enjoy its native biodiversity. The move by Lewes District Council in East Sussex to recognise the fundamental rights of the River Ouse is the first of its kind in the UK.

    The Ouse (not to be confused with larger rivers of the same name in Yorkshire and East Anglia) flows southwards for 35 miles into the English Channel and suffers from the usual problems afflicting many rivers in the UK: chemical pollution, sewage dumping and so on.

    As a legal academic who researches exactly these sorts of rights, I was excited to see the news from Lewes (even if the council’s motions ultimately can’t overrule national laws). But simply granting a river some rights isn’t enough. We now need to think about who will actually defend these rights.

    This may mean appointing someone to represent the rights of the river. Who these representatives are, and how they think about nature and conservation, can be as important as the granting of these rights in the first place.

    Appointing representatives who care about their own personal and property interests would be a grave mistake, as would appointing anyone who prioritises the rights of humans to a healthy environment over a more intrinsic right of nature (remember: the idea is that the River Ouse has rights in itself and shouldn’t need to demonstrate its worth to humans).

    As further rivers, lakes, forests and more are granted rights like the Ouse, we’ll need to train up an army of people willing to represent the rights of nature.

    Natural entities should have legal rights

    The law professor Christopher Stone pioneered the rights of nature concept back in the 1970s. He argued that natural entities, like rivers or forests, should have legal rights and that a “guardian” or representative should be appointed to defend those rights in court when they are threatened.

    Some legal systems have adopted this model. For example, in New Zealand, the Whanganui River was granted legal personhood, and two “human faces” were appointed to act and speak on its behalf. Their duties are outlined in a 2017 act, which specifies that these representatives must have the skills, knowledge and experience needed to effectively advocate for the river’s rights.

    But even as rights of nature are being considered in many countries, there is still little consideration of who will represent these rights effectively. For instance, back in 2008 Ecuador became the first country to grant the rights of nature in its constitution. However the constitution states that “all persons” are representatives of the rights of nature. This is simply impractical: we can’t expect every citizen to truly care about the rights of nature.

    Efforts to apply the rights of nature in Ecuador have often failed. Legal challenges can become highly politicised and there is little legal infrastructure beyond general constitutional principles.

    For example, in a case brought after road builders had dumped material into the Vilcabamba River, plaintiffs claimed to represent nature in court. However, they were not genuinely advocating for the river’s rights – their main concern was protecting their downstream property.

    An ecocentric perspective

    Ultimately, defending the rights of nature in court will be a struggle if the nature in question – the river, forest or lake – is not represented by someone with an ecocentric perspective. That means prioritising the intrinsic value of nature itself, rather than focusing on how it can serve human interests.

    Ecocentric advocates have proved to be the most effective defenders of the rights of nature in many court cases. For example, in lawsuits involving Ecuador’s Los Cedros cloud forest and its marine ecosystems, ecocentric arguments helped secure stronger legal protections and even inspired the courts to grant further rights of nature.

    One of the most common legal frameworks involves appointing “all persons”, “a person”, or “a resident” as representatives or protectors. For instance, Uganda’s National Environment Act 2019 states that anyone has the right to bring an action before a court “for any infringement of rights of nature”.

    Similarly, the city of Toledo, Ohio, tried to introduce the Lake Erie bill of rights which stated that the city or any resident could act on behalf of the lake’s ecosystem. (The bill was declared unconstitutional by a federal court in 2020 and did not become the law).

    Having such broad representation can make these legal protections less effective. This is what Stone, the law professor, envisioned back in the 70s: representatives should be trained to view nature as having intrinsic value – the very reason it is granted rights – and to protect it on that basis.

    There are some promising examples. Guardians were appointed to protect the Magpie River in Canada, for instance, after it was granted legal personhood in 2022. Their responsibilities include participating – on behalf of the river itself – in any consultations on projects that might affect the river.

    When the River Atrato in Colombia was also granted legal rights, the court required the formation of a commission (with representatives from the state and local communities) to train and oversee the work of the guardians.

    Moves to give rights to nature are promising. But from Colombia to Canada to Sussex, we’ll need a whole army of nature protectors to actually enforce those rights.

    Oluwabusayo Wuraola, Lecturer in Law, Anglia Ruskin University

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

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

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

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: EU trade barriers public survey08 April 2025 Local business leaders and organisation representatives are invited to share their EU-trading experiences with the Government of Jersey, as the UK prepares for “EU reset” discussions. The Government’s… Read more

    Source: Channel Islands – Jersey

    08 April 2025

    Local business leaders and organisation representatives are invited to share their EU-trading experiences with the Government of Jersey, as the UK prepares for “EU reset” discussions. 

    The Government’s External Relations department is welcoming comments from Islanders who have imported or exported from/to the EU since 2021, when the UK-EU trade deal came into force. 

    Data will support work on Jersey’s export strategy and assist efforts to reduce barriers to business. Findings will also be discussed with the UK Government, to help inform and support the approach to reset negotiations. 

    The EU Barriers To Business Survey​ is open until close of business on Wednesday 16 April.​

    MIL OSI United Kingdom

  • MIL-OSI Security: Appeal for witnesses following a serious collision in Hackney

    Source: United Kingdom London Metropolitan Police

    Detectives are appealing for information after a serious collision in Hackney which left a male pedestrian in a life-threatening condition.

    At 05:52hrs on Tuesday, 8 April police were called to reports of a collision between a car and a pedestrian on New North Road at the junction with Mintern Street, Hackney.

    Officers attended alongside the London Ambulance Service and London’s Air Ambulance. The pedestrian, a 60-year-old man, was taken to hospital and remains in a life-threatening condition.

    The driver of the car stopped at the scene and no arrests have been made.

    Detective Constable Bruce White, of the Met’s serious collisions investigation unit who is leading the investigation, said: “Our thoughts remain with the man who was injured and his family at this difficult time.

    “We are keen to speak to anyone who was in the area of New North Road between 05:30hrs and 06:00hrs – were you commuting to work or within the area at this time and saw something that might be helpful to us?

    “If you were driving past or live in the area, please check any dashcam or doorbell camera footage to see if you may have captured what happened.”

    “We believe that there may be witnesses who have yet to come forward. No matter how small, anyone with any information is urged to contact us immediately by calling 101 and quoting CAD/1015.”

    Detectives from the Met’s serious collision investigation unit are asking anyone who saw the incident or who may have captured it on dash cam or similar to contact 101, quoting CAD 1015/08APR25.

    MIL Security OSI

  • MIL-OSI Africa: African Development Bank Group President Appoints The United Kingdom Parliamentarian Andrew Mitchell as Senior Advisor on a Pro Bono Basis

    Source: Africa Press Organisation – English (2) – Report:

    ABIDJAN, Ivory Coast, April 8, 2025/APO Group/ —

    The African Development Bank Group (www.AfDB.org) President, Dr. Akinwumi Adesina, has appointed the Right Honourable Andrew Mitchell as his Senior Advisor for resource mobilization and policy issues on a pro bono basis.

    Rt. Hon. Mitchell, whose appointment is effective 7 April 2025, will provide strategic advice on emerging global and regional development issues and high-level political stakeholder engagement.

    Returning to a previously held role where he provided pro bono advice to the Bank, Rt. Hon. Mitchell is passionate about Africa’s development and has extensive knowledge and experience in managing the complexities of global resource mobilization.

    Commenting on his appointment, Rt. Hon. Mitchell said, “It is a great pleasure to return to provide pro bono support to the African Development Bank Group’s brilliant team in this advisory role. Under Dr. Adesina’s leadership as President, the Bank has gone from strength to strength, delivering real change and development for people across Africa.”

    The President of the African Development Bank Group, Dr. Adesina, said, “The Rt. Hon. Andrew Mitchell, former Minister of State for Development and Africa of the United Kingdom, has been a great supporter of Africa and the African Development Bank’s work. He will advise and support me on a pro bono basis in our efforts to navigate the complex global dynamics of mobilizing more resources for Africa globally”.

    MIL OSI Africa

  • MIL-OSI: BexBack Launches Three Exclusive Promotions and Two Innovative Tools to Revolutionize 100x Crypto Futures Trading

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, April 08, 2025 (GLOBE NEWSWIRE) — Amid heightened volatility in the global cryptocurrency market, BexBack, a rapidly growing crypto derivatives exchange, today announced the launch of three major promotional offers alongside two innovative trading tools. These initiatives are designed to empower traders with greater flexibility, enhanced capital efficiency, and a superior trading experience.

    Three Exclusive Promotions to Maximize Traders’ Potential

    • 100% Deposit Bonus
      Users who deposit more than 0.001 BTC or 100 USDT per transaction are eligible for a 100% deposit bonus, instantly doubling their trading margin.
      (Note: The bonus itself cannot be withdrawn directly, but profits earned using the bonus are fully withdrawable.)
    • $50 Welcome Bonus
      New users who complete their first trade (open and close a position) will receive a $50 USDT bonus credited to their USDT-M account. The bonus can be used for trading or withdrawal, providing new traders with extra flexibility at the start of their journey.
    • No KYC Requirement
      Upholding the spirit of decentralized finance, BexBack allows users to register and trade without any identity verification, offering a faster, more private onboarding experience for traders worldwide.

    Two New Trading Tools for a Smarter Crypto Trading Experience

    • 100x Leverage Crypto Futures
      Traders can now access up to 100x leverage on Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL), Cardano (ADA), and over 50 additional major cryptocurrencies.
      Whether the market moves up or down, traders can open long or short positions to seize opportunities in any condition, with adjustable leverage settings to suit different risk appetites.
    • Free Real-Time BTC to USDT Conversion
      BexBack introduces a zero-fee BTC/USDT conversion feature, enabling users to switch between Bitcoin and USDT instantly at real-time prices, optimizing asset allocation without incurring extra costs.

    Why Choose BexBack

    • Headquartered in Singapore, Licensed Under U.S. MSB
    • Over 50 Major Crypto Futures Available
    • Cold Wallet Custody to Protect User Funds
    • Zero Deposit Fees and Fast Withdrawals
    • 10 BTC Demo Account for Strategy Testing
    • 24/7 Multilingual Customer Support

    About BexBack?

    BexBack is a leading cryptocurrency derivatives platform that offers 100x leverage on BTC, ETH, ADA, SOL, and XRP futures contracts. It is headquartered in Singapore with offices in Hong Kong, Japan, the United States, the United Kingdom, and Argentina. It holds a US MSB (Money Services Business) license and is trusted by more than 500,000 traders worldwide. Accepts users from the United States, Canada, and Europe. There are no deposit fees, and traders can get the most thoughtful service, including 24/7 customer support.

    Start Trading Smarter Today

    Take advantage of the Double Deposit Bonus, the $50 Welcome Bonus, 100x flexible leverage, and start trading without any KYC requirements.
    Sign up now at www.bexback.com and unlock your full trading potential.

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

    Disclaimer: This content is provided by BexBack. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector–including cryptocurrency, NFTs, and mining–complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.Speculate only with funds that you can afford to lose.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    Photos accompanying this announcement are available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/1a4075b9-c14c-4bf3-96d7-48d29aba0a79
    https://www.globenewswire.com/NewsRoom/AttachmentNg/0e3c60ff-6424-4f29-b36f-853b5129c25f
    https://www.globenewswire.com/NewsRoom/AttachmentNg/0a7cdb68-cb0c-491b-9ba2-196ec702c477
    https://www.globenewswire.com/NewsRoom/AttachmentNg/17e78985-c044-449f-ac67-b204c4ce2b26

    The MIL Network

  • MIL-OSI: Convocation of the General Ordinary Shareholders Meeting of SUTNTIB AB “Tewox”

    Source: GlobeNewswire (MIL-OSI)

    Vilnius, Lithuania, April 08, 2025 (GLOBE NEWSWIRE) —

    On the initiative of the Management Company LORDS LB ASSET MANAGEMENT, UAB (the “Management Company”) and in accordance with the Management Company’s decision of 7 April 2025, Ordinary General Meeting of Shareholders (the Meeting) of the closed-end real estate investment company AB „Tewox“, the, company‘s code 305733600, registered office at Jogailos st. 4, 01116 Vilnius, Lithuania (the Company) is hereby convened to be held on 30 April 2024 at 13:00 p.m. at the registered office of the Company.

    Proposed agenda for the Meeting:

    1. Approval of the Company’s separate and consolidated management reports and audited consolidated and separate financial statements for 2024.
    2. Approval of the Company’s profit (loss) allocation for 2024.
    3. Formation of the Audit Committee and approval of its guidelines.
    4. Amendment of the Company’s Articles of Association and approval of a new version of the Company’s Articles of Association.

    Registration of the attendees shall start at 12:00 a.m.

    Persons who are shareholders of the Company on the date of the Meeting, either in person or by proxy, or persons with whom an agreement of transfer of the voting right has been concluded, shall be entitled to attend, and vote at the Meeting.

    Participants coming to the Meeting shall be required to bring a document of proof of identity. Persons authorised by shareholders must have a power of attorney or another document certified in accordance with the law.

    All material on the Agenda of the Meeting being convened, draft resolutions on each item on the Agenda, other documents and information related to the exercise of shareholder’s rights may be obtained at the registered office of the Company.

    Contact person for further information:

    Rūta Abromavičienė, Senior Legal Officer of UAB “LORDS LB ASSET MANAGEMENT”

    ruta.abromaviciene@lordslb.lt 

    https://lordslb.lt/tewox_bonds/

    The MIL Network

  • MIL-OSI: Resolutions of Oma Savings Bank Plc’s Annual General Meeting

    Source: GlobeNewswire (MIL-OSI)

    OMA SAVINGS BANK PLC STOCK EXCHANGE RELEASE, 8 APRIL 2025 AT 5:10 P.M. EET, DECISIONS OF GENERAL MEETING

    Resolutions of Oma Savings Bank Plc’s Annual General Meeting

    Oma Savings Bank Plc’s Annual General Meeting (the AGM) was held today on 8 April 2025. The AGM confirmed the Company’s Financial Statements and Consolidated Financial Statements for the 2024 financial year, decided to support the Company’s Remuneration Policy for governing bodies and approved the Remuneration Report for governing bodies through an advisory resolution. The AGM granted discharge from liability to the members of the Company’s Board of Directors and the interim CEO Sarianna Liiri, who served as CEO since 19 June 2024. However, the AGM did not grant discharge from liability to the Company’s CEO Pasi Sydänlammi, who served as CEO until 19 June 2024.
    In addition, the AGM decided on the following matters:

    Resolution on the use of the profit shown on balance sheet and the payment of dividend
    In accordance with the Board’s proposal, the AGM decided to pay dividend of EUR 0.36 per share based on the balance sheet adopted for the financial year 2024. The dividend will be paid to a shareholder who is registered in the Company’s shareholder register maintained by Euroclear Finland Ltd on the record date 10 April 2025. The dividend will be paid on 17 April 2025 in accordance with the rules of Euroclear Finland Ltd.

    Remuneration of the Board of Directors
    In accordance with the proposal of the Shareholders’ Nomination Committee, the AGM decided to pay the following annual remuneration to the members of the Board of Directors for the term ending at the AGM 2026: EUR 85,000 per year to the Chair, EUR 60,000 per year to the Vice Chair and for other members EUR 40,000 per year. The annual remuneration to the Chairs of the Board Committees are as follows: Chair of the Remuneration Committee EUR 6,000, Chair of the Risk Committee EUR 9 000 and Chair of the Audit Committee EUR 9,000. In addition, the meeting fees of EUR 1,000 for each Board and Committee meeting and EUR 500 for each email meeting will be paid.

    Twenty-five (25) percent of the annual remuneration of the Board of Directors will be paid in the form of Oma Savings Bank Plc’s shares acquired from the market on behalf of the members of the Board of Directors. The shares will be acquired at a price formed on the market in public trading following the publication of the interim report for the period 1 January to 31 March 2025. The Company is responsible for the costs of acquiring the shares and any transfer tax. The rest of the annual fee is paid in cash to cover the taxes arising from the fee.

    In addition, Oma Savings Bank Plc pays or reimburses travel expenses and other expenses related to board work to the members of the Board of Directors.

    Number and election of the Board of Directors
    The number of members of the Board of Directors was confirmed to be seven. Juhana Brotherus, Irma Gillberg-Hjelt, Aki Jaskari, Jaakko Ossa, Carl Pettersson, Kati Riikonen and Juha Volotinen were re-elected as Board members for a term ending at the end of the 2026 AGM.

    Election and remuneration of the auditor
    KPMG Oy Ab, a firm of authorised public accountants, was elected to continue as auditor for a term ending at the 2026 AGM. M.Sc (Econ.), APA Tuomas Ilveskoski will continue as responsible auditor. The auditor is paid based on reasonable invoicing approved by the Company.

    Election and remuneration of the sustainability reporting assurer
    KPMG Oy Ab, Authorized Sustainability Audit Firm, was elected as the Company’s sustainability reporting assurer for the term ending upon the conclusion of the 2026 AGM. APA, ASA Tuomas Ilveskoski will act as the principally responsible sustainability reporting assurer. The sustainability reporting assurer is paid based on reasonable invoicing approved by the Company.

    Amendment of the Articles of Association
    In accordance with the Board’s proposal, the AGM decided to amend the Company’s current Articles of Association as follows:

    • Amending Section 6 by removing the provision regarding the due date for the Nomination Committee’s proposals.
    • Supplementing Section 10 to enable remote general meetings. The Board can decide that general meetings are held without a physical meeting venue, allowing shareholders to exercise their decision-making rights in full and in real time through telecommunication and technical means (remote meeting).
    • Supplementing Section 12 to include provisions on deciding the remuneration of the sustainability reporting assurer and the appointment of the sustainability reporting assurer at general meetings.

    Resolution on the revised charter of the Shareholders’ Nomination Committee  
    The AGM decided on the revisions to the Shareholders’ Nomination Committee Charter. The Nomination Committee is to submit its proposals regarding the composition and remuneration of the Board of Directors to the Company’s Board no later than the end of the calendar month preceding the Board meeting that decides on convening the AGM.

    Additionally, the charter is amended to include a provision on the maximum continuous term of a Board member, ensuring alignment with the regulations, guidelines, and statements applicable to credit institutions, including the guidelines issued by the European Banking Authority (EBA). Certain technical revisions were also made.

    The Shareholders’ Nomination Committee charter is available on the Company’s website at https://www.omasp.fi/en/investors/management-and-corporate-governance/nomination-committee

    Authorisation of the Board of Directors to resolve on a share issue, the transfer of own shares and the issuance of special rights entitling to shares
    The AGM decided, in accordance with the Board of Directors’ proposal to authorise the Board of Directors to resolve on the issuance of shares or transfer of the Company’s shares and the issuance of special rights entitling to shares referred to in Chapter 10, Section 1 of the Finnish Companies Act, subject to the following conditions:

    Shares and special rights can be issued or disposed of in one or more instalments, either in return for payment or free of charge.

    The total number of shares to be issued under the authorisation, including shares acquired on the basis of special rights, cannot exceed 3,000,000 shares, which corresponds to approximately 9 percent of the Company’s total number of shares on the day of the AGM as at the notice of the meeting.

    The Board of Directors decides on all terms and conditions related to the issuance of shares. The authorisation concerns both the issuance of new shares and the transfer of own shares. A share issue and the issuance of special rights entitling to shares include the right to deviate from the pre-emptive right of shareholders if there is a weighty financial reason for the Company (special issue). A special share issue may be free of charge only if there is a particularly weighty financial reason from the point of view of the Company and in the interest of all its shareholders.

    The authorisation is valid until the end of the next AGM, but not later than 30 June 2026. The authorisation revokes previous authorisations given by the AGM to decide on a share issue, as well as the option rights and the issuance of special rights entitling to shares.

    Authorising the Board of Directors to decide on the repurchase of own shares
    The AGM decided, in accordance with the Board of Directors’ proposal, to authorise the Board of Directors to decide on the repurchase of the Company’s own shares with funds belonging to the Company’s free equity under the following conditions:

    Maximum number of 1,000,000 own shares may be repurchased, representing approximately 3 percent of the Company’s total shares according to the situation on the date of the notice of the meeting, however, in a manner that the number of own shares held by the Company does not exceed 10 percent of the Company’s total shares of the Company at any time. This amount includes the own shares held by the Company itself and its subsidiaries within the meaning of Chapter 15, Section 11 (1) of the Finnish Companies Act.

    The Board of Directors is authorised to decide how to acquire own shares. Shares purchased by the Company may be held by it, cancelled or transferred. The Board of Directors decides on other matters related to the repurchasing of own shares.

    The authorisation is valid until the closing of the next AGM, but not later than 30 June 2026.

    The minutes of the Annual General Meeting
    The minutes of the AGM will be available on the Company’s website latest 22 April 2025.

    Oma Savings Bank Plc

    Additional information:

    Karri Alameri, CEO, tel. +358 45 656 5250, karri.alameri@omasp.fi
    Sarianna Liiri, CFO, tel. +358 40 835 6712, sarianna.liiri@omasp.fi

    DISTRIBUTION: 
    Nasdaq Helsinki Ltd
    Major media
    www.omasp.fi

    OmaSp is a solvent and profitable Finnish bank. About 500 professionals provide nationwide services through OmaSp’s 48 branch offices and digital service channels to over 200,000 private and corporate customers. OmaSp focuses primarily on retail banking operations and provides its clients with a broad range of banking services both through its own balance sheet as well as by acting as an intermediary for its partners’ products. The intermediated products include credit, investment and loan insurance products. OmaSp is also engaged in mortgage banking operations.

    OmaSp core idea is to provide personal service and to be local and close to its customers, both in digital and traditional channels. OmaSp strives to offer premium level customer experience through personal service and easy accessibility. In addition, the development of the operations and services is customer-oriented. The personnel is committed and OmaSp seeks to support their career development with versatile tasks and continuous development. A substantial part of the personnel also own shares in OmaSp.

    The MIL Network

  • MIL-OSI: QuantalRF Samples Wi-Fi 7 CMOS Front-end Modules to Tier-1 Mobile SoC Players

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, Switzerland, April 08, 2025 (GLOBE NEWSWIRE) — QuantalRF, the pioneering developer of RF semiconductor and antenna solutions, samples its innovative Wi-Fi 7 CMOS front-end module (FEM) to two Tier-1 mobile SoC players. The QWX27120, a 5-7 GHz CMOS FEM designed for Wi-Fi 7, fully integrates a patent-pending power amplifier (PA) architecture, an SP3T switch, and a low-noise-amplifier (LNA) into a monolithic CMOS die. Optimized for Wi-Fi 7 applications in smartphones, AR/VR, tablets, laptops and smart home devices, this all-silicon solution outperforms competing GaAs and SiGe products in power efficiency, size, RF performance, and cost.

    The QWX27120, part of the QuantalRF Elementum™ family of Wi-Fi 7 products, builds on the success of the its predecessors with enhanced features, including a power detector output. Fabricated in CMOS SOI technology, the QWX27120 leverages QuantalRF’s unique PA architecture to reduce power consumption, enabling devices to achieve a longer battery life and reduce heat dissipation. The CMOS FEM also enables a high degree of on-chip configurability, allowing for the versatile reconfiguration for different supply voltages, channels, and linear/non-linear operational modes. Selectable high/low transmit gain modes and digital pre-distortion (DPD) further improve power efficiency.

    “Wi-Fi 7’s advanced features and higher data rates pose significant power consumption challenges,” said Dr. Ali Fard, CEO and CTO of QuantalRF. “Our innovative PA architecture—integrated within a monolithic CMOS SOI platform—delivers superior linear output power and best-in-class power efficiency. With the QWX27120 Wi-Fi 7 FEM now sampling, we are ready to collaborate with more customers to turbocharge their Wi-Fi efficiency with intelligent and adaptive technology.”

    QWX27120 Features & Benefits:

    • Wi-Fi 6E and Wi-Fi 7 compatible – supports 5150–7125 MHz
    • Superior power efficiency – reduces power consumption by up to 50-percent
    • Power detector output – provides real-time power monitoring
    • Ultra-small form factor – integrates all RF front-end components into a single die, available in a 2 x 2mm LGA package or as a flip-chip die.

    Samples and evaluation kits are now available. Contact QuantalRF for more information.

    About QuantalRF AG
    QuantalRF is transforming the RF signal chain for wireless communications to deliver an unmatched user experience. Its ultra-compact, highly configurable front-end ICs and extremely efficient antennas substantially improve area, cost, power, and overall performance. Headquartered in Zürich, Switzerland, with R&D centers in the USA and Sweden, QuantalRF has an extensive portfolio of over 200 patents. For more information, visit www.quantalRF.com.

    Forward-Looking Statements
    This announcement contains forward-looking statements that reflect our current expectations and projections about future events. These statements are not guarantees of future performance and are subject to risks, uncertainties, and other factors that may cause our actual results to differ materially. We undertake no obligation to update any forward-looking statements. A non-exclusive list of risk factors may be found on our website at www.quantalRF.com/forward-looking-statement.

    Media Contact:
    Dave Aichele
    EVP Sales & Business Development
    dave.aichele@quantalrf.com
    +1 858-401-6444

    The MIL Network

  • MIL-OSI Global: Peru’s ancient irrigation systems succeeded in turning deserts into farms because of the culture − without it, the systems failed

    Source: The Conversation – USA – By Ari Caramanica, Assistant Professor of Archaeology, Vanderbilt University

    A pre-Hispanic canal funnels water from mountains to farm fields. Ari Caramanica

    Seeing the north coast of Peru for the first time, you would be hard-pressed to believe it’s one of the driest deserts in the world.

    Parts of the region receive less than an inch of rain in an entire year. Yet, water and greenery are everywhere. This is the nation’s agro-industrial heartland, and, thanks to irrigation canals, almost every inch of the floodplain is blanketed in lucrative export crops, such as sugarcane, asparagus and blueberries.

    However, the apparent success of this system masks an underlying fragility.

    Water shortages have plagued the region for centuries, and now modern climate change combined with agro-industrial practices have further intensified droughts. In response, the Peruvian government has invested billions of dollars in irrigation infrastructure in recent years designed to deliver more water from a resource more than 100 miles away: glaciers in the Andes.

    But the Andean glaciers are disappearing as global temperatures rise. Peru has lost over half its glacier surface area since 1962. At the same time, floods often connected to wet El Niño years are increasing in both frequency and intensity. These floods often destroy or obstruct critical irrigation infrastructure.

    Andean glaciers are disappearing as global temperatures rise. Peru lost over half its glacier surface area in the past half-century.
    mmphoto/DigitalVision via Getty Images

    As an archaeologist investigating societal responses to environmental and climate disaster in Peru, I’m interested in unraveling the histories of complex systems to understand how to improve similar systems today. To understand the Peruvian heartland’s vulnerabilities, it helps to look to the deep past.

    Most of the modern canal network originally dates to pre-Hispanic times, more than 1400 years ago. However, evidence suggests that while the canal systems of the past may have looked similar to those of the present, they functioned in more efficient, flexible ways. The key to adapting to our present and future climate may lie in comprehending the knowledge systems of the past – not just the equipment, technology or infrastructure, but how people used it.

    An environment of extremes

    The north coast of Peru is an environment of extremes.

    In this desert, thousands of years ago, societies encountered many of the same challenges posed by the modern climate crisis: expanding drylands, water scarcity, vulnerable food production systems, and frequent, intense natural disasters.

    Yet, people not only occupied this area for millennia, they thrived in it. Moche and Chimu societies created sophisticated, complex political and religious institutions, art and technology, and one of the largest pyramidal structures in the Americas.

    Relief of fish adorn an adobe wall in the historic Tschudi Complex archaeological site at Chan Chan, the former capital of the Chimu empire in Peru.
    FabulousFabs/Flickr, CC BY-NC

    When the Spanish arrived on the desert north coast of Peru shortly after 1532 C.E., early chroniclers remarked on the verdant, green valleys across the region.

    The Spanish immediately recognized the importance of the canal network. They had used similar canal technology in Spain for centuries. So, they set about conscripting Indigenous labor and adapting the irrigation system to their goals.

    Just a few decades later, however, historic records describe sand dunes and scrublands invading the green valleys, water shortages, and in 1578 a massive El Niño flood that nearly ended the young colony.

    So how did the Indigenous operation of this landscape succeed, where the Spanish and the modern-day agro-industrial complex have repeatedly failed?

    Culture was crucial for ancient canal systems

    Ancient beliefs, behaviors and norms – what archaeologists call culture – were fundamentally integrated into technological solutions in this part of Peru in ancient times. Isolating and removing the tools from that knowledge made them less effective.

    Scientists, policymakers and stakeholders searching for models of sustainable agriculture and climate adaptations can look to the archaeological record. Successfully applying past practices to today’s challenges requires learning about the cultures that put those tools to work effectively for so long, so long ago.

    The pre-Hispanic societies of Peru developed agricultural principles around the realities of the desert, which included both dry seasons and flash floods.

    Large-scale irrigation infrastructure was combined with low-cost, easily modified canals. Aqueducts doubled as sediment traps to capture nutrients. Canal branches channeled both river water and floodwater. Even check-dams – small dams used to control high-energy floods – worked in multiple ways. Usually made of mounded cobble and gravel, they reduced the energy of flash floods, captured rich sediments and recharged the water table.

    A drone’s view of sugarcane fields shows a pre-Hispanic adobe aqueduct on the right and small feeder canals in the modern fields.
    Ari Caramanica

    The initial failures of the Spanish on the north coast exemplify the problem of trying to adopt technology without understanding the cultural insights behind it: While they may be identical in form, a Spanish canal isn’t a Moche canal.

    Spanish canals operated in a temperate climate and were managed by individual farmers who could maintain or increase their water flow. The Moche and Chimu canal was tied to a complex labor system that synchronized cleaning and maintenance and prioritized the efficient use of water. What’s more, Moche canals functioned in tandem with floodwater diversion canals, which activated during El Niño events to create niches of agricultural productivity amid disasters.

    A handmade gate on a modern canal in northern Peru doesn’t seem that different from ancient canals, but the pre-Hispanic canal systems were generally more conceptually complex and interconnected.
    Ari Caramanica

    Desert farming required flexibility and multifunctionality from its infrastructure. Achieving that often meant forgoing impermeable materials and permanent designs, which stands in stark contrast to the way modern-day water management works are constructed.

    Copying ancient practices without the culture

    Today, the Peruvian government is pushing forward with a decades-old, multibillion-dollar project to deliver water to the north coast from a glacier-fed river.

    The Chavimochic project promises a grand transformation, turning desert into productive farmland. But it may be sacrificing long-term resilience for short-term prosperity.

    The project feeds on the temporary abundance of glacial meltwater. This is creating a water boom as the ice melts, but it will inevitably be followed by a devastating water bust as the glaciers all but disappear, which scientists estimate could happen by the end of the 21st century.

    Farmers sell locally grown corn and other crops at a street market in Piura, Peru.
    Christian Ender/Getty Images

    Meanwhile, sustainable land management practices of past Indigenous inhabitants continue to support ecosystems hundreds and even thousands of years later. Studies show higher levels of biodiversity, crucial to ecosystem health, near archaeological sites.

    On the Peruvian north coast, pre-Hispanic infrastructure continues to capture floodwater during El Niño events. When their modern-day fields are flooded or destroyed by these events, farmers will sometimes move their crops to areas surrounding archaeological remains where their corn, squash and bean plants can tap into the trapped water and sediments and safely grow without the need for further irrigation.

    Critics might point out the difficulty of scaling up ancient technologies for global applications, find them rudimentary, or would prefer to appropriate the design without bothering with understanding “the cultural stuff.”

    But this framing misses the bigger point: What made these technologies effective was the cultural stuff. Not just the tools but how they were used by the societies operating them. As long as modern engineering solutions try to update ancient technologies without considering the cultures that made them function, these projects will struggle.

    Understanding the past matters

    Archaeologists have an important role to play in building a climate-resilient future, but any meaningful progress would benefit from a historical approach that considers multiple ways of understanding the environment, of operating an irrigation canal and of organizing an agriculture-based economy.

    That approach, in my view, begins with saving indigenous languages, where cultural logic is deeply embedded, as well as preserving archaeological and sacred sites, and creating partnerships built on trust with the people who have worked with the land and whose cultures have adapted their practices to the changing climate for thousands of years.

    Ari Caramanica receives funding from The National Endowment for the Humanities.

    ref. Peru’s ancient irrigation systems succeeded in turning deserts into farms because of the culture − without it, the systems failed – https://theconversation.com/perus-ancient-irrigation-systems-succeeded-in-turning-deserts-into-farms-because-of-the-culture-without-it-the-systems-failed-251199

    MIL OSI – Global Reports

  • MIL-OSI United Kingdom: School children in Stockton-on-Tees inspire nature recovery

    Source: United Kingdom – Executive Government & Departments

    Press release

    School children in Stockton-on-Tees inspire nature recovery

    The activity, centred around Tilery Park, encouraged engagement from residents and schools to understand how the local community view and use green spaces.

    Children at Tilery Primary School unleash their inner plants and animals to help boost long-term, local nature recovery.

    Children at Tilery Primary School have unleashed their inner plants and animals by putting on a wildlife parade to help boost long-term nature recovery in Teesside.  

    Delivered through the Tees Nature Recovery Partnership (NRP), the project, aims to encourage engagement from residents to understand how they use or don’t use Tilery Park and to explore barriers to access, plus community-led future aspirations for local green spaces. 

    The children in Year Five and Six designed animal costumes based on their interpretation of Tilery Park and worked with Teesside University and local artists to design what they would like their green space to look like in 100 years, to remind them about the importance of protecting habitats for local wildlife now.

    They worked with photography, textiles and art materials, design and imagination to see, listen and explore Tilery Rec next door to the school. Local community groups also shared their memories and joined in with activities such as bingo and sculpture-making.  

    Pupils had the chance to show off their work as part of a green space parade which also formed part of their geography curriculum and highlights the school’s dedication to environmental issues.

    The parade was filmed by Teesside University’s Sarah Perks and Paul Stewart (working together as Forms of Circulation). They were joined by local artists including Annie O’Donnell, Wil Jackson, Christo Wallers and Lizzie Mckeone for this project.    

    Children in Year Five and Six designed animal costumes based on their interpretation of Tilery Park

    Emma Carter, a teacher at Tilery Primary School, said:

    Our Year Five and Six children had a wonderful time learning about Tilery Rec and how it was used in the past, how it is used now and how they would like to see it being used in the future. 

    It has been great for our children to be out and about in our community.  They are incredibly excited about the parade and are looking forward to seeing the photos taken for Natural England. Tilery Primary pupils have really benefitted from this project and are incredibly grateful for the opportunity to take part.

    Vicky Ward, Natural England Senior Project Manager for the Tees Estuary Nature Recovery Partnership said:  

    It is fantastic to see young people’s creativity, passion and enthusiasm in helping to protect our natural habitats here in Teesside.  

    Good quality green and blue spaces have an important role to play in our urban and rural environments for improving health and wellbeing, nature recovery and climate resilience. Along with addressing issues of economic growth, social inequality and environmental decline. 

    This project has utilised imaginative approaches to explore how local children, and other residents, perceive and use Tilery Park and the surrounding green spaces. Being able to co-create meaning through the arts, enables residents to participate by sharing their hopes and aspirations on how their local green spaces can be used and valued.  

    Professor Sarah Perks and Dr Paul Stewart, from Teesside University’s Institute for Collective Place Leadership led the creative project and communities’ engagement for this project as part of their research in curatorial and artistic practice.  

    Professor Perks, Professor of Curating in the University’s School of Arts & Creative Industries said:

    We are dedicated to engaging communities with local nature and connecting with living ecosystems, as part of our work as curators and academics.

    Dr Paul Stewart, Principal Lecturer in Research and Innovation in the University’s School of Arts and Creative Industries, added:

    We felt inspired by the multiple ways the schoolchildren involved in the project worked collaboratively.

    The Tees NRP started in January 2023 and covers an area of 17,200 hectares where Natural England and the Environment Agency, Hartlepool Borough Council, Groundwork NE&C, National Trust, Redcar and Cleveland Borough Council, RSPB Saltholme, Stockton Borough Council, Teesmouth Field Centre, Tees Rivers Trust, Tees Valley Nature Partnership and Tees Valley Wildlife Trust are developing projects that will deliver nature recovery on the ground as well as improve people’s access and connection to local spaces.   

    The aim is to create a place which is greener, cleaner and climate resilient, where nature growth is prioritised, cultural heritage is celebrated, and everyone has easy and accessible ways to connect to nature for now and always.

    Updates to this page

    Published 8 April 2025

    MIL OSI United Kingdom

  • MIL-OSI Russia: Sergei Sobyanin approved plans for improvement in 2025

    Translartion. Region: Russians Fedetion –

    Source: Moscow Government – Government of Moscow –

    Sergei Sobyanin approved improvement plans for 2025, which include comprehensive work on more than 700 streets.

    “A city for life — a street improvement plan for 2025 has been approved. More than 700 streets will be transformed. The focus is on upgrading three outbound highways at once: Profsoyuznaya Street, Volgogradsky Prospekt and Shchyolkovskoye Highway. Also in the plans are Novorizhanskoye and Ostashkovskoye Highways, Butyrskaya and Dubninskaya Streets. In the Presnensky District, it is planned to improve Mantulinskaya Street. On Akademika Sakharova Prospekt — the construction of a tram line. And a third tram line will appear next to the Main Entrance of VDNKh. Most of the work will take place outside the city center,” the Moscow Mayor said.

    in his telegram channel.

    Source: Sergei Sobyanin’s Telegram channel @Mos_Sobyanin

    The largest project of 2025 will be the renovation of three outbound highways at once: Profsoyuznaya Street with 60th Anniversary of October Avenue (length – 12.5 kilometers), Volgogradsky Avenue with Marxist Street (length – 12.5 kilometers) and Shchyolkovskoye Highway with Krasnoprudnaya and Bolshaya Cherkizovskaya Streets (length – about nine kilometers). In previous years, such work was not carried out on them or was carried out partially.

    The main objective of the improvement is to make the urban environment more comfortable and functional for local residents, while maintaining the transit function of the highways. During the work, overhead cable lines will be moved underground, an additional drainage system will be installed, the pavement of sidewalks and roads will be replaced, modern energy-saving lamps will be installed, and contrast lighting supports will be installed on unregulated pedestrian crossings.

    Modern bus stops will be installed for public transport passengers. Ventilation shafts and other engineering structures will receive decorative cladding and will become one of the attractive details of the renovated streets. In addition, small architectural forms will be placed along the roadway, lawns will be laid out, and green spaces will be planted.

    To add color to the autumn-winter landscape, green islands with decorative compositions of conifers will be set up on Profsoyuznaya Street and Volgogradsky Prospekt.

    As part of the improvement of Profsoyuznaya Street, two children’s playgrounds will be renovated, and on Volgogradsky Prospekt, the dog walking area will be put in order and decorative fencing with an individual design will be installed along industrial enterprises and garage complexes.

    In addition, there are plans to put Novorizhanskoe and Ostashkovskoe highways, Butyrskaya and Dubninskaya streets in order.

    It is planned to put Mantulinskaya Street in order in the Presnensky district, to make a tram line on Academician Sakharov Avenue and an additional (third) tram line near the main entrance to VDNKh.

    The main works will be carried out outside the city center, where it is planned to improve about 700 small district streets. There, the roadway and sidewalks will be resurfaced, convenient approaches and driveways to residential areas, additional pedestrian crossings and rest areas will be created, modern bus stops, traffic lights and road signs, navigation steles and other elements of a comfortable urban environment will be installed. As part of the landscaping, lawns will be tidied up and green spaces will be planted.

    The 2025 improvement program became the second stage of implementing the provisions of the Moscow development strategy for the period up to 2040. It is planned to carry out comprehensive work on more than three thousand city streets located outside the historical center.

    The first stage of improvement took place in 2024, when 667 streets received a new look, as well as 10 large objects in the city center – Kadashevskaya Embankment with Staromonetny and Pyzhevsky Lanes, lanes near Tsvetnoy Boulevard (2nd Kolobovsky, Likhov, Bolshoy, Sredny and Maly Karetnye). A new tram line was laid on Sergiya Radonezhskogo Street and Rogozhskaya Zastava Square, and comprehensive improvements were carried out.

    In addition, within the first stage, more than 20 kilometers of the Yauza River embankments, Komsomolsky Prospekt, the areas adjacent to the main building of the Lomonosov Moscow State University on Vorobyovy Gory, as well as a number of other significant city objects were put in order.

    Sergei Sobyanin approved plans for the improvement of Moscow for 2025Sergei Sobyanin: The quality of the urban environment in Moscow has significantly improved

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

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

    https: //vv.mos.ru/mayor/tkhemes/1259505/

    MIL OSI Russia News

  • MIL-OSI Russia: Rosneft organized an excursion for children to the Moscow Zoo

    Translartion. Region: Russians Fedetion –

    Source: Rosneft – Rosneft – An important disclaimer is at the bottom of this article.

    During the school holidays, Rosneft volunteers organized an excursion to the Moscow Zoo for the pupils of the State Budgetary Institution “My Family Center “Young Guard” and activists of the “Movement of the First”. The event was dedicated to the celebration of the 80th anniversary of the Victory.

    The guides told the children about the work of the zoo and the heroic efforts of its employees to save animals during the Great Patriotic War. In addition, the children also learned about the features of daily care for wild animals, their habits and diet. The Moscow Zoo is home to more than a thousand different species of animals, many of which the children saw for the first time.

    The young visitors were especially interested in the polar bears Aika and Terpey, who are under the care of Rosneft. During the excursion, the children’s attention was also drawn to elephants, Chinese pandas, walruses and seals.

    Preservation and protection of the polar bear population is one of the main areas of Rosneft’s environmental program. Currently, the Company patronizes 35 polar bears in 16 zoos in the country, providing them with maintenance, feeding, veterinary support, as well as updating enclosures, conducting scientific research and educational programs.

    With the support of the Company, special toys have been developed to increase the physical activity of animals in zoos. In addition, Rosneft is implementing a program to rescue and rehabilitate orphaned polar bear cubs in the wild.

    Reference:

    Volunteering is an important element of Rosneft’s corporate culture. The Company implements the Good Deeds Platform program, within the framework of which employees provide assistance to families and children in difficult life situations, provide targeted assistance to veterans, and also conduct patriotic, environmental education and other events.

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

    MIL OSI Russia News

  • MIL-OSI: Grant of warrants

    Source: GlobeNewswire (MIL-OSI)

    Announcement no. 07 2025

    Today, the Board of Directors of Agillic A/S (“Agillic” or the “Company”) has exercised its authority to issue a total of 473,859 warrants in accordance with section 3.10 and 3.12 of the articles of association. Out of the total number of issued warrants, 348,859 warrants are issued as part of a 1-year performance-based programme, and 125,000 warrants are issued as part of a 4-year programme.

    The warrant programmes are an essential part of creating incentives for the management of Agillic to reach the financial targets of the Company and to create value for the shareholders.

    1-year warrant-programme

    The 348,859 warrants issued under the 1-year warrant-programme are granted to CEO Christian Samsø, CFO Jack Sørensen and 4 other key employees of the Company.

    Each warrant entitles the holder to subscribe for one share of nominal DKK 0.10 in the Company at a strike price of DKK 9.40.

    The warrants will vest subject to the Company’s achievement of financial performance targets for the financial year 2025 and upon approval of the annual report for 2025 at the annual general meeting.

    The warrants include conditions on accelerated vesting in case of an exit event, e.g. a takeover, merger or sale of assets. The warrants can be exercised upon final vesting of all warrants on the date of the annual general meeting in 2026 and can take place in periods of 14 days starting the day after the publication of the Company’s financial reports. The warrants shall be exercised no later than 36 months after the final vesting.

    The theoretical market value of one warrant on a diluted basis is calculated to DKK 2.19 using the Black-Scholes model. The key assumptions for the calculation are a share price of DKK 9.40, volatility of 46.78%, and a risk-free interest rate of 2.13%.

    For detailed information, reference is made to section 4.12 and appendix 4.12 of the articles of association.

    4-year warrant-programme

    The 125,000 warrants issued under the 4-year warrant-programme are granted to CEO Christian Samsø and CFO Jack Sørensen

    Each warrant entitles the holder to subscribe for one share of nominal DKK 0.10 in the Company at a strike price of DKK 9.40.

    The warrants will vest over a 4-year period. The first part, equivalent to 10% of the total number of warrants, will vest 12 months following the of grant. Subsequently, the remaining part of the warrants will vest in three instalments as follows: 20% after 24 months, 30% after 36 months and 40% after 48 months.

    The warrants include conditions for the board of directors to decide on accelerated vesting, e.g. in connection with a takeover, merger or similar. The warrants can be exercised upon final vesting of all warrants on and can take place in periods of 14 days starting the day after the publication of the Company’s financial reports. The warrants shall be exercised no later than 12 months after the final vesting.

    The theoretical market value of one warrant on a diluted basis is calculated to DKK 4.06 using the Black-Scholes model. The key assumptions for the calculation are a share price of DKK 9.40, volatility of 47.45%, and a risk-free interest rate of 2.15%.

    For detailed information, reference is made to section 4.10 and appendix 4.10 (D) of the articles of association.

    For further information, please contact:
    Christian Samsø, CEO, Agillic A/S
    +45 24 88 24 24
    christian.samsoe@agillic.com

    Certified Adviser
    HC Andersen Capital
    Pernille Friis Andersen

    About Agillic A/S
    Agillic (Nasdaq First North Growth Market Denmark: AGILC) is a Danish software company offering brands a platform through which they can work with data-driven insights and content to create, automate and send personalised communication to millions. Agillic is headquartered in Copenhagen, Denmark. For further information, please visit www.agillic.com.

    Attachment

    The MIL Network

  • MIL-OSI Global: Why Nato is struggling to rebuild itself in an increasingly threatening world

    Source: The Conversation – UK – By Amelia Hadfield, Head of Department of Politics, University of Surrey

    In the years after Nato was formed in 1949, its US and European members had a collective approach to defence with clear goals in common, largely built around the protection of western Europe against the Soviet Union. Throughout this era, the US and Europe both relied on the stability of the international system by creating international cooperation on shared dilemmas.

    Fast forward more than 70 years, and there is now a ticking clock on reinventing the transatlantic alliance.

    European security and US-led Nato security are no longer one and the same. Certainly, recent statements from US leaders that the US will prioritise empowering Europe to own responsibility for its own security has made for tough listening in Europe.

    For some, this may be an overdue opportunity to fundamentally rework the transatlantic security relationship. For others, such statements are worryingly set against the backdrop of Trump’s pro-Russia stance, with Trump’s demands sounding sinister at best.

    Nato secretary-general Mark Rutte recently outlined a need to “build a stronger, a fairer and more lethal NATO”. Global threats were creating a more dangerous world, he argued.

    Mark Rutte, Nato’s secretary-general, speaks at a 2025 meeting in Brussels,

    From its establishment by 12 states on April 4, 1949, until the end of the cold war era, Nato was focused on one big thing: deterring Soviet aggression. Ultimately, Nato had one job, one enemy, one threat, one theatre and one instrument of power.

    It was a partnership that enabled the US to build and maintain a more permanent role in European security. This collective security plan prevented the US from falling back into isolationist foreign policies that it had held before the second world war

    Arguably, US attitudes fluctuated throughout this era. Initially the country sought a temporary role in Nato, with limited military commitment. It also encouraged western European Nato members to take early and primary responsibility for defence.

    However, the huge Soviet nuclear threat hardened US attitudes. And Nato came to be seen as key to the US’s overall ability to prevent a Soviet invasion of western Europe. Equally important was the role of the Marshall Plan, a massive post-war reconstruction plan for Europe, which (in conjunction with Nato) represented the US’s desire to work with European partners to both stabilise the region, and ensure democracy.

    Through the decades that followed, the US saw Nato as a cornerstone of its foreign policy. It is important to remember that transactionality has always been an integral part of the transatlantic relationship, but it was never at the expense of the values that underpinned it, and indeed reinforced both US national and European regional interests in doing so.

    Throughout the 1990s, and well into the 2000s, Nato clearly represented the US’s preferred method of maintaining its military presence in Europe (including US bases, weapons and troops stationed in member countries). The US drove the redefinition of post-cold war Nato, to include former Warsaw Pact countries including Poland, Hungary and the Czech Republic.




    Read more:
    US and Russia squabble over Arctic security as melting ice opens up shipping routes


    The question now is whether US leadership in Nato was focused so extensively on security of Europe and pushing back against the Soviets that for a long time the dilemma of who paid for what was essentially set aside.

    Long overdue problems?

    But two wake-up calls were to come. The first was the increasingly clear indications from US administrations from Barack Obama’s presidency onwards that the US was ill at ease with Nato as a whole, and it was unhappy with the lower financial commitment, than the US, coming from European members.

    The second was in 2014, when Russia annexed Crimea. Unfortunately, the first warning sign by Obama was largely ignored; and when Russia invaded Crimea, Nato did not step up to push back against Putin’s expansionism.

    Now, Nato finds itself once again in the crosshairs of US anger about funding, and with Trump furious at European defence spending levels, and determined to massively revise the transatlantic bargain.

    Trump’s first administration put spending from European Nato members firmly on the table. His recent position is merely a continuation of that theme.

    From the European perspective, the US was, and is, a key part of the collective security structure that has empowered European defence and deterrence, but possibly with an out-of-date funding model.

    Trump, meanwhile, appears to see the US’s involvement as politically naïve. He seems to view Nato as strategically futile and defence spending imbalances as an indication that Nato is nothing more than a giant security racket.

    What is stark is the reversal between the US having helped found Nato and as the leading nation backing of a rule-bound global system under international law and Trump’s preference to reject any responsibilities for global leadership and stability.

    What has come as a shock to European members is not perhaps the demands regarding improving defence funding, but the abdication of US leadership and the threat to leave Nato completely, with no ongoing US responsibility to defend the world order.

    The onus is now on European Nato members to make both serious and swift changes. Indications of far more serious financial commitments, including from Germany, are emerging. European defence spending overall increased by 11.7% over the last year to roughly €423.3 billion (£371 billion), representing ten years of consecutive regional growth.

    Next steps include focusing on AI-led technologies, cheap drones, digital tech and improved commitments to joint projects.

    But the hardest task is also the most urgent. Namely, to avoid the chaos of a unilateral US withdrawal from Nato.

    There’s a need to move the financial and military burden to Europe in a way agreeable to the US before the Nato summit in June. Discussions on how to achieve this need to cover everything from nuclear deterrence to challenges arising from the conflict in Ukraine.

    Whether Rutte and European states can indeed preserve and maintain the collective security foundations on which Nato was first built remains to be seen. But, certainly, the current world situation is no less dangerous that the world in which Nato itself was first built.

    Amelia Hadfield 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. Why Nato is struggling to rebuild itself in an increasingly threatening world – https://theconversation.com/why-nato-is-struggling-to-rebuild-itself-in-an-increasingly-threatening-world-253494

    MIL OSI – Global Reports

  • MIL-OSI Global: What autistic people think should be prioritised in education for autistic learners

    Source: The Conversation – UK – By Laura Gormley, Assistant Professor in Education, Dublin City University

    wavebreakmedia/Shutterstock

    The education of autistic children and young people in western societies has been heavily influenced by a medicalised understanding of autism. This means considering autism as a disorder, with a focus on correcting autistic people’s perceived lacks, rather than building on their strengths.

    Autistic learners’ strengths, interests, preferences, goals and values were typically sidelined. Making the learner appear less autistic was the main focus.

    This included increasing eye contact and building neurotypical social skills. It involved attempting to reduce stimming: self-stimulatory behaviour, which can include chewing on objects, fidgeting, watching moving objects, and making repetitive sounds.




    Read more:
    Autistic stimming explained – and why stopping it can lead to burnout


    However, the neurodiversity movement – a social advocacy movement that promotes the idea that neurological differences are an expected and normal part of human variation – has challenged these assumptions. Instead of the autistic learner being viewed as disabled, it suggests the educational environment can be disabling for the autistic learner.

    This contrasts with the past when school norms typically did not support the strengths and needs of autistic learners. These children were expected to fit in.

    What autistic people want

    The autistic voice has been largely missing from educational research and policymaking. My research study with colleagues, co-produced with autistic researchers, set out to change this. We wanted to identify the educational priorities of adult members of the autistic community, as well as teachers supporting autistic learners, in the Republic of Ireland and Northern Ireland.

    We did this by carrying out a survey comprising 34 autistic adults with no role in education (non-educators), ten autistic educators, and 65 non-autistic educators who supported autistic learners. We asked them about priority goals to be included in individual education plans for autistic learners.

    The individual education plan is the foundation of inclusive and special education in many countries. It serves as an educational map that charts the learner’s current level of performance and their annual goals. It lays out the steps and resources needed to reach these goals.

    In countries such as Finland, the US and UK, an individual learning plan is legally mandated for all learners who make use of special education services. However, this is not the case in the Republic of Ireland. Provisions were made in the 2004 Education for Persons with Special Education Needs Act. Over 20 years later, though, individual education plans are still not compulsory, regulated or assessed in the Republic of Ireland.

    This lack of oversight has occurred against the backdrop of a 600% increase in special classes in the Republic of Ireland from 2013 to 2023. Autism classes accounted for 89% of these – 2,466 classes out of a total of 2,754.

    Before carrying out the survey, we expected very little overlap in the goal priorities of autistic respondents and non-autistic respondents. We were wrong. Our findings clearly showed significant overlap in the priorities across the groups.

    Our survey respondents prioritised goals that promote autonomy, social inclusion and communication. They saw these goals as contributing positively to autistic wellbeing.

    Learning goals that focused on social inclusion were a priority.
    wavebreakmedia/Shutterstock

    On the other hand, academic goals did not feature as a priority for the vast majority of respondents. Academic goals include reading comprehension, writing skills, critical thinking, time management, problem solving and maths skills.

    It could be argued that this does a disservice to the educational potential of autistic learners. However, while academic goals are important, wellbeing must come first. Without a strong foundation of physical and mental health, meaningful academic success is difficult to achieve.

    Finally, all groups actively discouraged educational goals that focused on improving eye contact and reducing stimming. The overriding consensus was that a focus on changing these aspects of behaviour is detrimental to a learner’s ability to work towards meaningful and functional educational goals including independence, wellbeing and social inclusion.

    Prioritising wellbeing

    There is growing support for prioritising wellbeing, communication, socialisation and daily living skills over more academic goals. However, teachers may not be equipped to design, teach and monitor goals that align with these priorities of the autistic community.

    Teachers in a UK study cited several barriers to supporting autistic learners in their classrooms. Their greatest frustration came from having limited access to autism-specific knowledge and expertise during their initial teacher training.

    Similar frustrations were also reported among Irish teachers. Many teachers in the study thought a specialised qualification should be compulsory for those teaching in autism classes.

    However, autism prevalence rates are on the rise, and there is an international trend towards inclusive education – educating children with special educational needs in mainstream classrooms. This means there is a growing likelihood that teachers will find themselves supporting autistic learners.

    Research shows that teachers’ attitudes, knowledge and skills towards inclusion are improved if they can go on placements during their training to schools that emphasise a culture of inclusion.

    Partnerships between universities and schools could be an important way to make this happen. This could help empower student teachers to go on to design and support effective individual education plans for their autistic learners.

    However, without a legal mandate for individual education plans in the Republic of Ireland, initial teacher education and teacher professional development programmes will continue to struggle to effectively prepare teachers for this part of their role.

    Laura Gormley works as an assistant professor in Dublin City university and received seed funding from SCoTENS (The Standing Conference on Teacher Education, North and South) to carry out this study.

    ref. What autistic people think should be prioritised in education for autistic learners – https://theconversation.com/what-autistic-people-think-should-be-prioritised-in-education-for-autistic-learners-250195

    MIL OSI – Global Reports

  • MIL-OSI United Kingdom: Civil servants get one-stop access to digital skills learning

    Source: United Kingdom – Government Statements

    News story

    Civil servants get one-stop access to digital skills learning

    Government Skills’ curriculum of recommended learning now offers easy access to an expanded range of digital, data and innovation learning.

    Martin Petto, deputy director, Government Skills

    Civil servants can now get easy access to more free digital learning as part of a drive to boost productivity and agility.

    Government Skills’ curriculum of recommended learning now has an expanded range of digital, data and innovation learning that has been specifically curated for civil servants. More tools and learning will be added to the curriculum over time.

    The new offering delivers on the Prime Minister’s pledge last month to give all civil servants better opportunities to develop skills in priority areas such as digital.

    Easy access to digital skills learning

    “It’s the first time we’ve been able to give civil servants such easy access to digital skills learning,” said Martin Petto, deputy director, Government Skills.

    “If staff need help with anything, from understanding AI to simple tips to boost their productivity, such as how to set  up an Excel document, this is where they’ll be able to go for help.

    “It also signposts civil servants to more specialist digital and data learning, such as the pathways – some of which may be chargeable.”

    New digital resources

    The expanded curriculum includes:

    • Microsoft 365 Public Sector Training and Resources Hub which provides resources to help civil servants upskill quickly,  in a way that meets the needs of their job role or job tasks.

    • 12 ‘Pocket Watch’ videos shared by the Department of Work and Pensions outlining how to perform some computing tasks for civil servants using PCs with Windows 10 or 11.

    Existing learning

    The curriculum already included:

    • A wide range of free AI courses, including AI Fundamentals.

    • Masterclasses on data and innovation, developed as part of One Big Thing.

    • The Digital Excellence Programme for senior leaders.

    Martin added: “We want to make things easier for staff by bringing our comprehensive Civil Service-wide digital learning offer into a single online place where they can be confident the learning is quality-assured and relevant to their needs. And we will continue to build this offer.”

    Access digital, data and innovation resources for civil servants.

    Updates to this page

    Published 8 April 2025

    MIL OSI United Kingdom

  • MIL-OSI: SUTNTIB AB “Tewox” has signed a general contracting agreement for retail park development in Utena

    Source: GlobeNewswire (MIL-OSI)

    Vilnius, Lithuania, April 08, 2025 (GLOBE NEWSWIRE) —

    The special closed-end real estate investment company AB Tewox has signed a general contracting agreement with UAB Baltijos Pašvaistė for the development of approximately 5,000 sqm retail park located at Kupiškio st. 50, Utena. The project has already secured lease agreements for more than 50% of gross leasable area, including one with the anchor tenant. Construction is scheduled to start in April and be completed by the end of 2025.

    Contact person for further information:

    Paulius Nevinskas

    Manager of the Investment Company

    paulius.nevinskas@lordslb.lt

    https://lordslb.lt/tewox_bonds/

    The MIL Network

  • MIL-OSI: Siili Solutions Plc: Resolutions of the Annual General Meeting and Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    Siili Solutions Plc: Resolutions of the Annual General Meeting and Board of Directors

    Siili Solutions Plc Stock Exchange Release 8 April 2025 at 4:30 pm EEST 

    Siili Solutions Plc’s Annual General Meeting of shareholders was held today 8 April 2025 at 2 p.m. EEST at the address Töölönahdenkatu 2, Helsinki Finland in event venue Eliel, Sanomatalo.

    Adoption of the financial statements and discharge of liability 
    The Annual General Meeting adopted the financial statements for the year 2024 including the consolidated staements and discharged the members of the board of directors and the CEO from liability.

    Dividend
    The General Meeting resolved that, based on the adopted balance sheet for the financial period 2024, a dividend of EUR 0.18 per share will be paid from the Company’s distributable funds, i.e., approximately EUR 1.46 million in total, and that the rest of the distributable funds be retained in equity.

    The dividend will be paid to shareholders who on the dividend record date 10 April 2025 are registered in the Company’s shareholders’ register held by Euroclear Finland Oy. In accordance with the proposal, the dividend will be paid on 17 April 2025.

    Remuneration report 
    The General Meeting adopted the remuneration report of the governing bodies.

    Board composition, remuneration of the board of directors, auditor and remuneration of the auditor
    It was confirmed that the number of members of the Board of Directors to be elected is five (5). The General Meeting resolved, according to the proposal of the Shareholders’ Nomination Board, to re-elect the current members of the Board of Directors Harry Brade, Jesse Maula, Henna Mäkinen and Katarina Cantell. Sebastian Nyström was elected as new member to the Board of Directors.

    In accordance with the Shareholders’ Nomination Board, the General Meeting resolved to keep the Board remuneration unchanged and as follows: The Chair of the Board is paid EUR 3,850 per month, the Deputy Chair EUR 2,500 per month and the Chair of the Audit Committee EUR 2,500 per month and other members EUR 2,000 per month. The Chairs of the Board of Directors’ Committees are paid EUR 200 per month for their work on the Committee, in addition to which all Committee members are paid a meeting fee of EUR 300 per meeting. In addition, the members of the Board of Directors receive compensation for travel expenses in line with the Company’s travel policy.

    Audit firm KPMG Oy Ab was re-elected as the Company’s auditor and assurer of Company’s sustainability reporting for the following term of office. APA, ASA Leenakaisa Winberg will continue as the responsible auditor and Sustainability auditor.

    In accordance with the proposal of the Audit Committee, the General Meeting resolved that the auditor and sustainability assurer of the Company be paid remuneration in accordance with the auditor’s reasonable invoice.

    Board authorizations
    The General Meeting authorised the Board of Directors to resolve on the repurchase and/or acceptance as pledge of the Company’s own shares under the following terms:
    Using the Company’s unrestricted equity, a maximum of 814,000 shares may be repurchased and/or accepted as pledge in one or more tranches, which corresponds to approximately 10% of all shares in the Company.

    The shares will be repurchased in trading on Nasdaq Helsinki Oy’s regulated market at a price formed in public trading on the date of repurchase. The Company’s own shares shall be repurchased to be used for carrying out acquisitions or implementing other arrangements related to the Company’s business, for optimising the Company’s capital structure, for implementing the Company’s incentive scheme or otherwise to be transferred further or cancelled.

    Own shares can be repurchased otherwise than in proportion to the shareholdings of the shareholders (directed repurchase). The share purchase will decrease the Company’s distributable unrestricted equity. The Board of Directors resolves on all other terms and conditions for the repurchase and/or acceptance as pledge of the Company’s own shares.

    The authorisation remains in force until the end of the next Annual General Meeting, however no later than until 30 June 2026. The authorisation revokes earlier unused authorisations to resolve on the repurchase and/or acceptance as pledge of the Company’s own shares.

    Further, the General Meeting authorized the Board of Directors to resolve on the issuance of shares and the issuance of special rights entitling to shares within the meaning of chapter 10, section 1 of the Finnish Limited Liability Companies Act in one or more tranches either against consideration or free of consideration. 

    The number of shares to be issued, including shares received on the basis of the special rights shall not exceed a maximum of 814,000 shares, which corresponds to approximately 10% of all shares in the Company. The Board of Directors may resolve either to issue new shares or to transfer treasury shares held by the Company. The total maximum number of shares to be issued for the purpose of share-based incentive schemes is 162,800 shares, which corresponds to approximately 2.0% of all the shares in the Company. The maximum number of shares intended for the incentive schemes is included in the maximum number of the issuance authorisation referred to above.

    The authorisation entitles the Board of Directors to resolve on all terms of the share issue and the issuance of special rights entitling to shares, including the right to deviate from the shareholders’ pre-emptive subscription right (directed issue). The authorisation may be used to strengthen the Company’s balance sheet and financial position, to pay purchase prices for acquisitions, in share-based incentive schemes or for other purposes resolved by the Board of Directors.

    The authorisation remains in force until the end of the next Annual General Meeting, however no later than until 30 June 2026. The authorisation revokes earlier authorisations concerning share issues and the issuance other special rights entitling to shares.

    Constitutive meeting of the Board of Directors
    In its constitutive meeting held after the General Meeting, the Board of Directors elected Harry Brade as its Chair and Jesse Maula as its Vice Chair.

    The Board of Directors also appointed the members to its committees. Henna Mäkinen, Jesse Maula, Katarina Cantell and Sebastian Nyström were elected to the Audit Committee. Henna Mäkinen was elected as the Chair of the Audit Committee. Harry Brade, Katarina Cantell and Jesse Maula were elected as the members of the HR committee. Harry Brade was elected as the Chair of the HR Committee.

    All members eleccted to the Board of Directors are considered independent of the Company. All members of the Board of Directors, apart from Harry Brade, are considered independent of the significant shareholders of the Company. Harry Brade is the CEO of the Company’s significant shareholder Lamy Oy.

    SIILI SOLUTIONS PLC

    BOARD OF DIRECTORS

    Further information:
    Taru Kovanen, General Counsel
    Phone: +358 (0)40 4176 221
    Email: taru.kovanen(at)siili.com

    Distribution:

    Nasdaq Helsinki Ltd
    Main media
    www.siili.com

    Siili Solutions in brief: 
    Siili Solutions Plc is a forerunner in AI-powered digital development. Siili is the go-to partner for clients seeking growth, efficiency and competitive advantage through digital transformation. Our main markets are Finland, the Netherlands, the United Kingdom, and Germany. Siili Solutions Plc’s shares are listed on the Nasdaq Helsinki Stock Exchange. Siili has grown profitably since its founding in 2005. www.siili.com/en

    The MIL Network

  • MIL-OSI: Convocation of the General Ordinary Shareholders Meeting of INVL Technology and draft resolutions on agenda issue

    Source: GlobeNewswire (MIL-OSI)

    Special closed-ended type private equity investment company INVL Technology, legal entity code 300893533, the registered address Gyneju str. 14 Vilnius, Lithuania (hereinafter – “the Company” or “ INVL Technology”), informs that on the initiative and decision of the management company UAB „INVL Asset Management“ (hereinafter – “the Management Company“) , the General Ordinary Shareholders Meeting (hereinafter – “the Meeting”) is to be held on 30 April 2025.

    The place of the Meeting: the office of Company, the address Gyneju str. 14, Vilnius.

    The Meeting will start at 9:30 a.m. (registration starts at 9:00 a.m.).

    The Meeting’s accounting day 23 April 2025 (the persons who are shareholders of the Company at the end of accounting day of the Meeting or authorized persons by them, or the persons with whom shareholders concluded the agreements on the disposal of voting right, shall have the right to attend and vote at the Meeting).

    The total number of the Company’s shares is 12,175,321 shares. Considering that the Company has acquired its own shares, the total number of votes at the Company’s shareholders’ meeting is 12,009,566 votes.

    Agenda of the Meeting:

    1. Presentation of the Company‘s annual management report for 2024.
    2. Presentation of the independent auditor’s report on the financial statements and annual management report of the Company.
    3. Presentation of the Company‘s investment committee‘s recommendation on the draft of the profit (loss) distribution (including the formation of the reserve) and the draft of the information about remuneration.
    4. Regarding the assent to the information about remuneration of the Company, as a part of the annual management report of the Company for the year 2024.
    5. Approval of the stand-alone financial statements for 2024 of the Company.
    6. Deciding on profit distribution of the Company.
    7. Presentation of the Company‘s Management Company‘s statement on the share purchase price.
    8. Regarding the purchase of own shares of the Company.
    9. Presentation of the Report of the Audit Committee of the Company.
    10. Regarding the election of the Audit Committee members of the Company.
    11. Regarding the determination of the remuneration of the Audit Committee members of the Company.
    12. Regarding the approval of new version of Regulations of Audit Committee of the Company.

    Draft resolutions of the Meeting:

    1. Presentation of the Company‘s annual management report for 2024

    1.1. Shareholders of the Company are presented with the annual management report of the Company for 2024 (attached) (there is no voting on this issue of agenda).

    2. Presentation of the independent auditor’s report on the financial statements and annual report of the Company

    2.1. Shareholders of the Company are presented with the independent auditor’s report on the financial statements and annual report of the Company (attached) (there is no voting on this issue of agenda).

    3. Presentation of the Company‘s investment committee‘s recommendation on the draft of the profit (loss) distribution (including the formation of the reserve) and the draft of the information about remuneration.

    3.1. Shareholders of the Company are presented with the Company‘s investment committee‘s recommendation on the draft of the profit (loss) distribution (including the formation of the reserve), and the draft of the information about remuneration (attached) (there is no voting on this issue of agenda).

    4. Regarding the assent to the information about remuneration of the Company, as a part of the annual management report of the Company for the year 2024

    4.1. To assent to the information about remuneration of the Company, as a part of the annual management report of the Company for the year 2024 (attached).

    5. Approval of the stand-alone financial statements for 2024 of the Company

    5.1. To approve the stand-alone financial statements for 2024 of the Company.

    6. Deciding on profit distribution of the Company

    6.1. To distribute profit of the Company as follows:

    Article (thousand EUR)
    Retained earnings (loss) at the beginning of the financial year of the reporting period 21,673
    Net profit (loss) for the financial year 8,089
    Profit (loss) not recognized in the income statement of the reporting financial year
    Shareholders contributions to cover loss
    Distributable profit (loss) at the end of the financial year of the reporting period   29,762
    Transfers from reserves
    Distributable profit (loss) in total 29,762
    Profit distribution:  
    – Profit transfers to the legal reserves
    -Profit transfers to the reserves for own shares acquisition
    – Profit transfers to other reserves
    – Profit to be paid as dividends
    – Profit to be paid as annual payments (bonus) and for other purposes 29,762
    Retained earnings (loss) at the end of the financial year  

    7. Presentation of the Company‘s Management Company‘s statement on the share purchase price

    7.1. Shareholders of the Company are presented with the Company‘s Management Company‘s statement on the share purchase price (attached) (there is no voting on this issue of agenda).

    8. Regarding the purchase of own shares of the Company

    8.1. To authorise the Management Company to use the formed reserve (or the part of it) for the purchase of its own shares and after evaluation of the economic viability to purchase shares in INVL Technology by the rules mentioned below:

    1. The goal for the purchase of own shares – to meet obligations arising from share option programs, or other allocations of shares, to employees of subsidiary companies and/or to reduce the authorized capital of the Company by cancelling the shares purchased by the Company.
    2. The maximum number of shares to be acquired could not exceed 1/10 of the authorised capital INVL Technology.
    3. The period during which INVL Technology may purchase its own shares is 18 months from the day of this resolution.
    4. The maximum and minimal shares acquisition price of INVL Technology:  the maximum one-share acquisition price – is the last announced net asset value per share, and the minimal one-share acquisition price – is EUR 0.29.
    5. the conditions of the selling of the purchased shares and minimal selling price – the purchased shares are not planned to be sold and therefore the minimum selling price and the selling procedure for the shares are not determined. Own shares purchased by INVL Technology can be granted (given the right to purchase them) to the employees of the subsidiary companies by the decision of the Management Company, in accordance with the Rules on granting the shares. The shares acquired by the Company may be cancelled by decision of the General Meeting of Shareholders.
    6. the Management Company is delegated on the basis of this resolution, the Law on Companies of the Republic of Lithuania and other legal acts, to make specific decisions regarding the purchase of the Company’s own shares, to organize procedure of purchase of own shares, determine the method and procedure for purchase of own shares (including the right to buy back shares in accordance with the provisions of Article 5, paragraph 1 of the European Parliament and Council Regulation (EU) No. 596/2014 on market abuse), timing as well as the amount of shares and shares’ price, and to complete all other actions related with purchase procedure of own shares.

    8.2.   To initiate the reduction of the Company’s authorized capital by cancelling the shares purchased by the Company, only if the amount of own shares purchased will exceed the amount of shares required to grant shares to the employees of the Company’s subsidiaries, by 100,000 units or more of the Company’s shares.

    8.3.   To establish that after adopting this resolution the resolution of the General Meeting of Shareholders of 30 April 2024 regarding acquisition of the Company’s own shares shall expire.

    9. Presentation of the Report of the Audit Committee of the Company

    9.1. In accordance with the rules of procedure of the Audit Committee of the Company (approved on 28 April 2023 by decision of the General Meeting of Shareholders of the Company), the shareholders are hereby briefed on the activity report of the Audit Committee of the Company (attached) (there is no voting on this issue of agenda).

    10. Regarding the election of the Audit Committee members of the Company

    10.1. Given that in 2025, the term of office of the members of the Audit Committee of the Company expires, to elect three members: Dangutė Pranckėnienė, Andrius Lenickas and Tomas Bubinas to the Audit Committee of the Company for new 4 (four) years term of office.

    11. Regarding the determination of the remuneration of the Audit Committee members of the Company

    11.1. To set the hourly remuneration for each member of the Audit Committee of the Company at EUR 200 per hour (before taxes) for the service on the Audit Committee of the Company. The remuneration is paid for actual hours spent while performing the activities of the Audit Committee member.

    12. Regarding the approval of new version of Regulations of Audit Committee of the Company

    12.1. Considering the changes in the Law of the Republic of Lithuania on the Audit of Financial Statements and Other Assurance Services regarding the obligations of the Audit Committee as well as the election of three Audit Committee members for the new term of office, the Regulations of the Audit Committee are updated accordingly. It is proposed to the shareholders of the Company to approve the new version of the Regulations of Audit Committee (attached).

    The documents related to the agenda, draft resolutions on every item of the agenda, documents that have to be submitted to the General Ordinary Shareholders Meeting and other information related to the realization of shareholders’ rights are published on the Company’s website www.invltechnology.lt section For investors, and also by prior agreement available at the premises of the Company, located at Gyneju str. 14, Vilnius (hereinafter – “the Premises of the Company”) during working hours. Phone for information +370 5 279 0601.

    The shareholders are entitled:

      1. to propose to supplement the agenda of the Meeting by submitting a draft resolution on every additional item of the agenda or, then there is no need to make a decision – explanation of the shareholder (this right is granted to shareholders who hold shares carrying at least 1/20 of all the votes). A proposal to supplement the agenda is submitted in writing sending a proposal by registered mail to the Company at Gyneju str. 14 LT-01110 Vilnius, Lithuania, or, by prior agreement, delivered in person to the representative of the Company at the Premises of the Company on business hours or by sending proposal to the Company by e-mail info@invltechnology.lt. The agenda is supplemented if the proposal is received no later than 14 days before the Meeting.  In case the agenda of the Meeting is supplemented, the Company will report on it no later than 10 days before the Meeting in the same way as on convening of the Meeting;
      2. to propose draft resolutions on the issues already included or to be included in the agenda of the Meeting at any time prior to the date of the Meeting (in writing, sending a proposal by registered mail to the Company at Gyneju str. 14 LT-01110 Vilnius, Lithuania, or, by prior agreement, delivered in person to the representative of the Company at the Premises of the Company on business hours or by sending a proposal to the Company by e-mail info@invltechnology.lt or in writing during the Meeting (this right is granted to shareholders who hold shares carrying at least 1/20 of all the votes);
      3. to submit questions to the Company related to the issues of the agenda of the Meeting in advance but no later than 3 business days prior to the Meeting in writing sending the proposal by registered mail to the Company at Gyneju str. 14 LT-01110 Vilnius, Lithuania, or, by prior agreement, delivered in person to the representative of the Company at the Premises of the Company on business hours or by sending a proposal to the Company by e-mail info@invltechnology.lt. All answers related to the agenda of the Meeting to questions submitted to the Company by the shareholders in advance, are submitted in the Meeting or simultaneously to all shareholders of the Company prior to the Meeting. The Company reserves the right to answer to those shareholders of the Company who can be identified and whose questions are not related to the Company’s confidential information or commercial secrets.
      4. The shareholder participating at the Meeting and having the right to vote, must submit the documents confirming personal identity. A person who is not a shareholder shall, in addition to this document, submit a document confirming the right to vote at the Meeting. The requirement to provide the documents confirming personal identity does not apply when voting in writing by filling in a general ballot paper.

        Each shareholder may authorize either a natural or a legal person to participate and to vote on the shareholder’s behalf at the Meeting. An authorised person has the same rights as his represented shareholder at the Meeting unless the authorized person’s rights are limited by the power of attorney or by the law. The authorized persons must have the document confirming their personal identity and power of attorney approved in the manner specified by law which must be submitted to the Company no later than before the commencement of registration for the Meeting. The Company does not establish special form of the power of attorney. A power of attorney issued by a natural person must be certified by a notary. A power of attorney issued in a foreign state must be translated into Lithuanian and legalised in the manner established by law. The persons with whom shareholders concluded the agreements on the disposal of voting right, also have the right to attend and vote at the Meeting.

        Shareholder is entitled to issue power of attorney by means of electronic communications for legal or natural persons to participate and to vote on its behalf at the Meeting. No notarisation of such authorization is required. The power of attorney issued through electronic communication means must be confirmed by the shareholder with a safe electronic signature developed by safe signature equipment and approved by a qualified certificate effective in the Republic of Lithuania. The shareholder shall inform the Company on the power of attorney issued through the means of electronic communication by e-mail info@invltechnology.lt not later than on the last business day before the Meeting. The power of attorney and notification must be issued in writing and could be sent to the Company by electronic communication means if the transmitted information is secured and the shareholder’s identity can be identified. By submitting the notification to the Company, the shareholder shall include the internet address from which it would be possible to download software to verify an electronic signature of the shareholder free of charge.

        Shareholders of the Company are urged to use the right to vote on the issues in the agenda of the Meeting by submitting properly completed general voting bulletins to the Company in advance. The form of general voting bulletin is presented at the Company’s webpage www.invltechnology.lt section For Investors. If shareholder requests, the Company shall send the general voting bulletin to the requesting shareholder by registered mail or shall deliver it in person no later than 10 days prior to the Meeting free of charge. If general voting bulletin is signed by a person authorized by the shareholder, it should be accompanied by a document certifying the right to vote.

        The Company invites its shareholders who decide to participate in the Meeting to choose one of the alternatives presented below:

        __________

        Alternative No. 1:

        A shareholder or person authorised by them should complete and sign a written voting bulletin and send it to the Company by e-mail (info@invltechnology.lt) and send the original bulletin by registered or ordinary post to the address Gynėjų str. 14, LT-01110 Vilnius. Properly completed written voting bulletins may be sent by registered or ordinary post to the address Gynėjų str. 14, LT-01110 Vilnius without submitting a copy to the e-mail address specified or delivered in person to the Company on business days at the Company‘s registered address mentioned above . Along with a bulletin, a document confirming the right to vote must also be sent. Those voting bulletins shall be deemed valid which are correctly completed and are received before the start of the general shareholders meeting.

        __________

        Alternative No. 2:

        A shareholder or person authorised by them should complete a written voting bulletin, save it on their computer and sign it with a qualified electronic signature. Send the written voting bulletin which is properly completed and signed with a qualified electronic signature to the Company by e-mail at info@invltechnology.lt.

        The Company suggests using the following free qualified electronic signature systems: Dokobit and GoSign.

        __________

        Alternative No. 3:

        If shareholders of the Company do not have the possibility to use voting alternatives No. 1 or No. 2, the Company will provide conditions for the shareholders or persons duly authorised by them to come on 30 April 2025 to the address Gyneju str. 14 in Vilnius, to the Company’s Meeting.

        The person authorized to provide additional information:
        Kazimieras Tonkūnas
        INVL Technology Managing Partner
        E-mail k.tonkunas@invltechnology.lt

        Attachments

      The MIL Network

  • MIL-OSI United Kingdom: Westminster City Council announces more generous payment options for leaseholders | Westminster City Council

    Source: City of Westminster

    The new plans, amongst the most generous in London, will ease the pressure on leaseholders with bills for major works 

    Westminster City Council is introducing new payment options for resident leaseholders facing large major works bills, in response to challenges with the cost of living and increased building costs that have put many residents in a challenging financial situation.

    Those facing invoices of over £30,000 will be able to benefit from an 8-year interest-free payment plan – one of the most generous payment terms available to local authority leaseholders in London. They will also now having the option of paying back over 13 years, with the first 8 interest free.

    Additionally, the Discretionary and Voluntary service charge loans, which are available to leaseholders with bills of over £20,000, will now be interest free for the first 8 years and no longer dependent on the applicant having to show they weren’t able to secure financing elsewhere.

    This is part of the Council’s plans to limit the financial burden on leaseholders and tackle the cost of living crisis in Westminster.

    Cllr Liza Begum, Cabinet Member for Housing Services said: “The council has seen a sharp rise in the cost of essential major works to its buildings and wants to ensure resident leaseholders are supported through loans with more favourable terms. 

    “That’s why we are increasing the number and generosity of repayment options available to resident leaseholders in Westminster, to ensure that they have the best possible financial support. 

    “If you are a leaseholder and you want to know, more contact our housing services team about changing your payment plan” 

    Notes to editor:  

    The full details of the two new repayment options for resident leaseholders with major works bills are as follows:

    • 8 years – If you receive an invoice for more than £30,000 you can spread payments over eight years in 96 equal monthly payments. This option will not be made available where the property is sublet, owned by a company, or owned by a housing association. You must complete an extended payment instalment form. No interest is charged.
    • 13 years – If you receive a bill for more than £30,000 you can spread payments over thirteen years in 156 equal monthly payments. No interest is charged for months 1-96. Interest is charged on the balance remaining at month 96 at 1.5% above the Bank of England Base rate for months 97-156. This option will not be made available where the property is sublet, owned by a company, or owned by a housing association. You must complete an extended payment instalment form.
    • For both of the Discretionary and Voluntary service charge loans, the criteria that leaseholders must have been unable to secure alternative financing has been removed and an interest free period of 8 years has been added. The full terms are now as follows:
      • Discretionary Service Charge Loan – This option is available for residents leaseholders who receive a bill for more than £20,000. It will not be made available where the property is owned by a company or owned by a housing association. Where the property is sublet, we will review the application on a case by case basis. The service charge loan will be secured by a way of a legal charge on the property for a maximum of 25 years. Years 1 to 8 will be interest free. Interest is charged on the balance remaining at the end of year 8 at 1.5% above the Bank of England Base rate for years 9 to 25. Interest is calculated monthly. You will also need to pay the administration costs involved.
      • Voluntary Service Charge Loan – This option is available for residents leaseholders who receive a bill for more than £20,000. This option will not be made available where the property is owned by a company or owned by a housing association. Where the property is sublet, we will review the application on a case by case basis. The service charge loan will be secured by a way of a legal charge on the property. Years 1 to 8 will be interest free. Interest is charged on the balance remaining at the end of year 8 at 1.5% above the Bank of England Base rate until the loan is repaid. Interest is calculated monthly. The administration fees to set up the loan and to register the charge against the property can also be added to the loan.
         
    • Details of the Council’s other interest-free repayment plans for leaseholders with smaller major works bills can be found on the Council’s website (please note that this webpage does not yet reflect the changes to the other plans that have been detailed above): Major Works service charges payment plans | Westminster City Council 
    • If you are a leaseholder who has received a major works invoice for 2025/26, you will have access to the new payment plans on offer when they are implemented. Any leaseholders who are on historic payment plans for invoice issued before April 2025 can contact the council directly about moving to a new plan.
    • The Cabinet Member decision to approve these changes is subject to the usual call-in procedures. You can read the decision report here: HR25-05 CMR – Major Works service charges payment options.pdf 

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