Category: European Union

  • MIL-OSI: Societe Generale announces results of the offer to purchase certain of its debt securities

    Source: GlobeNewswire (MIL-OSI)

    SOCIETE GENERALE ANNOUNCES RESULTS OF THE OFFER TO PURCHASE CERTAIN OF ITS DEBT SECURITIES 

    Press release

    Paris, April 8, 2025

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN ANY JURISDICTION WHERE OR TO WHOM IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT.

    Further to the announcement on April 1, 2025 of the launch of an offer to purchase for cash (the “Offer”) any and all of its outstanding Undated Deeply Subordinated Resettable Interest Rate Notes referred to below (the “Notes”), Societe Generale today announces the results of the Offer.

    The expiration time for the Offer was 5:00 p.m. (New York City time) on April 7, 2025.

    According to information provided by the Tender and Information Agent for the Offer, $710,342,000 aggregate principal amount of the Notes were validly tendered at or prior to the expiration time and not withdrawn.

    The following table sets forth the aggregate principal amount of Notes validly tendered and not withdrawn in the Offer at or prior to the expiration time:

    CUSIP No. ISIN Title of Security Tender Offer Consideration Aggregate Principal Amount Tendered Aggregate principal amount accepted Aggregate principal amount reflected in Notices of Guaranteed Delivery
    83368J FA3
    F43628 B41
    US83368JFA34
    USF43628B413
    Undated Deeply Subordinated Resettable Interest Rate Notes $1,007.00(1) $710,342,000 $710,342,000 $0

    (1)        The amount to be paid for each $1,000 principal amount of Notes validly tendered and not validly withdrawn and accepted for purchase, excluding accrued and unpaid interest.

    In total, $710,342,000 aggregate principal amount of Notes have been accepted for purchase (no Notes were delivered using the guaranteed delivery procedures).

    Societe Generale expects to pay on the settlement date the Tender Offer Consideration plus accrued and unpaid interest from the last interest payment date up to, but not including, the settlement date, for Notes validly tendered prior to the expiration time and accepted purchase pursuant to the Offer. The settlement date is expected to be on or about April 10, 2025.

    Societe Generale intends to cancel the repurchased Notes. Notes that have not been validly tendered and accepted for purchase pursuant to the Offer will remain outstanding. Following the settlement date, Notes in a principal amount of $539,658,000 will remain outstanding.

    Capitalized terms used but not otherwise defined in this announcement have the meaning given to them in the offer to purchase dated April 1, 2025 (the “Offer to Purchase”) and the related notice of guaranteed delivery (the “Notice of Guaranteed Delivery” and, together with the Offer to Purchase, the “Offer Documents”).

    Questions regarding the Offer may be directed to the Dealer Managers and the Tender and Information Agent at the contact details set forth below.

    D.F. King Ltd.
    Email: SGCIB@dfkingltd.com
    Offer Website: https://clients.dfkingltd.com/sgcib

    In New York

    48 Wall Street, 22nd Floor
    New York, New York 10005
    United States of America

    Banks and Brokers, Call Collect: (212) 269 5550

    All others, Call Toll-Free: (800) 848-2998

    In London

    51 Lime Street
    London EC3M 7DQ
    United Kingdom

    Tel: +44 20 7920 9700

     
    Societe Generale

    17, cours Valmy

    BP 18236

    92987 Paris la Défense Cedex

    France

    Tel: +33 (0)1 42 13 32 40

    Email: liability.management@sgcib.com

    SG Americas Securities, LLC

    245 Park Avenue

    New York, New York 10167

    United States

    Tel: + 1 (212) 278-7631

    Toll-Free: 1 (855) 881 2108

    Press contacts:
    Jean-Baptiste Froville_+33 1 58 98 68 00_ jean-baptiste.froville@socgen.com
    Fanny Rouby_+33 1 57 29 11 12_ fanny.rouby@socgen.com

    Societe Generale

    Societe Generale is a top tier European Bank with around 119,000 employees serving more than 26 million clients in 62 countries across the world. We have been supporting the development of our economies for 160 years, providing our corporate, institutional, and individual clients with a wide array of value-added advisory and financial solutions. Our long-lasting and trusted relationships with the clients, our cutting-edge expertise, our unique innovation, our ESG capabilities and leading franchises are part of our DNA and serve our most essential objective – to deliver sustainable value creation for all our stakeholders.

    The Group runs three complementary sets of businesses, embedding ESG offerings for all its clients:

    • French Retail, Private Banking and Insurance, with leading retail bank SG and insurance franchise, premium private banking services, and the leading digital bank BoursoBank.
    • Global Banking and Investor Solutions, a top tier wholesale bank offering tailored-made solutions with distinctive global leadership in equity derivatives, structured finance and ESG.
    • Mobility, International Retail Banking and Financial Services, comprising well-established universal banks (in Czech Republic, Romania and several African countries), Ayvens (the new ALD I LeasePlan brand), a global player in sustainable mobility, as well as specialized financing activities.

    Committed to building together with its clients a better and sustainable future, Societe Generale aims to be a leading partner in the environmental transition and sustainability overall. The Group is included in the principal socially responsible investment indices: DJSI (Europe), FTSE4Good (Global and Europe), Bloomberg Gender-Equality Index, Refinitiv Diversity and Inclusion Index, Euronext Vigeo (Europe and Eurozone), STOXX Global ESG Leaders indexes, and the MSCI Low Carbon Leaders Index (World and Europe).

    In case of doubt regarding the authenticity of this press release, please go to the end of the Group News page on societegenerale.com website where official Press Releases sent by Societe Generale can be certified using blockchain technology. A link will allow you to check the document’s legitimacy directly on the web page.

    For more information, you can follow us on Twitter/X @societegenerale or visit our website societegenerale.com.

    DISCLAIMER

    This announcement must be read in conjunction with the Offer to Purchase. This announcement and the Offer to Purchase contain important information which should be read carefully before any decision is made with respect to the Offer. If any qualifying holder is in any doubt as to the contents of this announcement, the Offer to Purchase or the action it should take, it is recommended to seek its own financial, legal, regulatory and tax advice, including in respect of any tax consequences, immediately from its broker, bank manager, solicitor, accountant or other independent financial, tax or legal adviser.

    Attachment

    The MIL Network

  • MIL-OSI Europe: Ireland’s Offshore Wind Strategy Powers Ahead: Major Actions Achieved in Progress Report

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

    Minister for Enterprise, Tourism and Employment Peter Burke, has announced the publication of the Powering Prosperity Implementation Progress Report for April 2025, which highlights significant milestones in Ireland’s journey towards becoming a global leader in offshore renewable energy.

    Ireland has set ambitious targets to deliver at least 37GW of offshore renewable energy by 2050. The availability of abundant, reliable green energy will drive clean, sustainable growth in energy-intensive sectors, together with numerous opportunities for economic growth and job creation.  

    The Department of Enterprise, Trade and Employment launched Powering Prosperity – Ireland’s Offshore Wind Industrial Strategy in March 2024, setting out to capture the value of the country’s Offshore Renewable Energy (ORE) supply chain and maximise the economic impact of Ireland’s renewable energy goals. Over the past 12 months, substantial progress has been made, with 38 of the 40 actions outlined in the strategy either completed or underway.

    The Implementation Progress Report, which was launched at WindEurope in Copenhagen, a major event in the wind energy industry attracting around 16,000 delegates each year, provided status updates on Powering Prosperity actions such delivering long-term funding options to support the scaling of Irish offshore wind supply chain companies. Notably, two significant projects received funding packages of over €1 million and €2 million, respectively.

    It also highlighted how the development of an Offshore Wind Centre of Excellence (OWCE) is well underway, with initial funding allocated and a steering group formed to drive the project. An annual joint offshore renewable energy event has been established with Scotland, with the inaugural event “Advancing the Offshore Wind Opportunity: Bridging Irish and Scottish Perspectives” held in Dublin and Cork in June 2024. 

    Another key action was the Offshore RD&I Showcase and Access to Finance Event, which highlighted supports available to organisations along the offshore wind supply chain, promoting participation in research, development, and innovation programmes.

    Highlighting the significant progress made and work underway to deliver Ireland’s offshore wind ambitions, Minister Burke said 

    “Powering Prosperity’s first Implementation Progress Report is a strong signal of the momentum that is gathering behind Ireland’s offshore wind sector. Considerable progress has been made over the last year in Irish offshore wind, and our strong enterprise base in this sector is continuing to grow. It is vital that this work continues at pace across Government to ensure that we are well positioned to capture the full economic, environmental and regional development benefits offered by this significant opportunity, and that we overcome any remaining challenges that might impede our continued progress. This Government will continue to work alongside industry and the research community towards our shared goal of a successful, resilient Irish offshore wind sector.”

    Minister for Climate, Environment and Energy Darragh O’Brien said:

    ‘‘Developing an offshore wind sector requires an all-of-Government approach and a whole-of-economy mobilisation. By implementing an offshore wind industrial strategy, our colleagues in the Department of Enterprise, Trade and Employment are ensuring that Ireland will be in strong position to build a successful and resilient supply chain for offshore wind. Ahead of expected growth in the offshore sector in the coming years, it’s vital that expertise in areas such as research and development extend to the offshore wind sector, so we can take advantage of Ireland’s offshore wind potential.

    ‘‘It’s clear that the implementation of actions in this progress report, along with the implementation of actions from the ‘Future Framework for Offshore Renewable Energy Policy’, published by my own department last year, will help Ireland deliver its ambitious long-term targets for offshore wind.’’

    Timmy Dooley, Minister of State at the Department of the Environment, Climate and Communications, who will be attending the WindEurope Annual Event later this week, said:

    ‘‘Ireland is already a global leader for installed onshore wind power capacity and for the integration of variable renewable electricity onto the grid. The publication of this progress report comes on the back of a number of significant milestones achieved in Ireland’s offshore wind sector, including; the publication of Ireland’s first spatial plan for offshore wind – the South Coast Designated Maritime Area Plan; and the agreed terms and conditions of Ireland’s second offshore wind auction, which will take place later this year. In the coming weeks, we will also publish a ‘Roadmap for Future Designated Maritime Area Plans’, which will provide additional certainty for the offshore renewable sector.”

    Work will continue on implementing the remaining actions by the end of this year, as set out in Powering Prosperity.

    For more information and to access the report visit Powering Prosperity – Ireland’s Offshore Wind Industrial Strategy Implementation Progress Report

    ENDS

    Notes for Editors

    Background

    Ireland has one of the best offshore renewable energy resources in the world, providing a strong and consistent wind supply. To fully harness the vast potential for clean, renewable energy from our seas, a suite of policies across Government have been, or are in the process of being developed, to ensure offshore renewable energy (ORE) projects are delivered in line with the target to deliver at least 37GW of ORE capacity by 2050. A key enabler of these targets is the work of the Offshore Wind Delivery Taskforce (OWDT) chaired by the Department of the Environment, Climate and Communications. DETE, in collaboration with Enterprise Ireland and IDA Ireland, leads on the work of Workstream 7 under the OWDT, which is focused on the supply chain, and also participates in a number of the other Workstreams, feeding into their work and the overall work of the OWDT. 

    Powering Prosperity – Ireland’s Offshore Wind Industrial Strategy

    Powering Prosperity – Ireland’s Offshore Wind Industrial Strategy was published in March 2024 to ensure that Ireland maximises the economic benefits associated with Government ambitions to deliver its 2030, 2040 and 2050 offshore wind targets.

    Powering Prosperity aims to build a successful, vibrant and impactful offshore wind energy industry in Ireland, ensuring that the sector creates as much value as possible throughout Ireland. Powering Prosperity includes 40 actions to be implemented by the end of this year.

    The strategy is anchored on 4 core pillars:

    1. Offshore wind supply chains: to build capacity and capability to develop the offshore wind farms that deliver on the 37GW target and give Ireland an edge in exporting products and services related to offshore wind energy; 
    2. Research, development and innovation: to give Ireland a competitive cutting edge in new technology and know-how for the sector;
    3. Balanced regional economic development opportunities: to drive growth from offshore wind energy in line with the Programme for Government priority of enabling all parts of Ireland to thrive so that Ireland as a whole can prosper; and
    4. Future demand and end uses for offshore renewable energy: for example, to develop new Green Energy Industrial Parks, which can attract major foreign direct investment, establish new indigenous green businesses and serve as test beds for green technological innovation to power the Irish economy of the future.

    Powering Prosperity sets out an intention to publish progress reports, beginning in 2025. A first implementation progress update report was published in April 2025. This report outlines the status of each of the Industrial Strategy’s 40 actions, providing detail on progress made by April 2025.

    Of the 40 actions, 38, or 95%, are complete or in progress. Of these, 11 have been delivered as set out in the Strategy, with a further 3 completed by alternative means, or insofar as possible. A further 24 are currently in progress, though 5 of these are delayed. Of the final 2 actions, 1 is not yet initiated, and 1 will not be completed due to external circumstances. 

    MIL OSI Europe News

  • MIL-OSI United Kingdom: Correspondence: Letter from Business Secretary Jonathan Reynolds to the Prime Minister: 21 February 2025

    Source: United Kingdom – Prime Minister’s Office 10 Downing Street

    Correspondence

    Letter from Business Secretary Jonathan Reynolds to the Prime Minister: 21 February 2025

    Letter from Secretary of State for Business and Trade the Rt Hon Jonathan Reynolds MP to Prime Minister Keir Starmer.

    Documents

    Letter from the Business Secretary Jonathan Reynolds to the Prime Minister – 21 February 2025

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    Details

    Letter from Secretary of State for Business and Trade the Rt Hon Jonathan Reynolds MP to Prime Minister Keir Starmer.

    Updates to this page

    Published 8 April 2025

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    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: New City Learning Quarter training facility shortlisted for regional award

    Source: City of Wolverhampton

    The £8.1 million Advanced Technology and Automotive Centre (ATAC) at City of Wolverhampton College’s Wellington Road campus in Bilston is in the running for the Building Project of the Year honour.

    Winners will be announced at an awards dinner on Thursday 1 May, at Edgbaston Cricket Ground.

    ATAC opened to students in September following an 11 month build by contractor Speller Metcalfe.

    It will secure hundreds of jobs in the local economy and create learning opportunities for thousands of students – specialising in engineering and automotive, including electric vehicles (EV).

    Only last month, luxury car manufacturer, Bentley, enrolled 18 of its manufacturing technicians on electrical apprenticeships at the centre.

    Construction of ATAC was funded by £7.7 million from the West Midlands Combined Authority (WMCA), with the remainder from the Black Country LEP.

    It has been designed for engineering and automotive studies – with facilities for new electric, hybrid and traditional vehicles, as well fabrication, manufacturing, welding, CAD and robotics.

    The centre is delivering a multi skilled flexible workforce addressing skills shortages in the city. Almost 5,500 learners and 954 apprenticeships are forecast over the first 10 years of the centre.

    Phase 2 of the City Learning Quarter masterplan is in progress with McLaughlin & Harvey constructing a city centre campus that will pave the way for the college to move from its Paget Road site, while Speller Metcalfe is delivering transformational works on the neighbouring Adult Education Wolverhampton and Central Library facilities.

    The courses the purpose built Bilston centre host are not suitable for the city centre location.

    City of Wolverhampton Council Cabinet Member for City Development, Jobs and Skills, Councillor Chris Burden, said: “The Advanced Technology and Automotive Centre is a fantastic new facility and to be shortlisted for this award is testament to that.

    “It was built on time and on budget and is already delivering positive outcomes in terms of our education and skills offer in Wolverhampton.

    “Advanced technology and automotive is a rapidly growing economic sector, creating learning and jobs opportunities for people of all ages in our city and beyond.

    “It aligns with Wolverhampton’s strong credentials as a front runner in green industries, which will be further supported by the development of our Green Innovation Corridor as one of the 3 pillars in the West Midlands Investment Zone.”

    Peter Merry, Deputy Principal and Chief Executive of the College, said: “The Advanced Technology and Automotive Centre was designed with the requirement of students, apprentices, employers and the wider engineering and automotive sectors at its heart and enabled courses to be transferred from our Paget Road campus for the start of the academic year in September 2024.

    “Students are benefitting from learning in purpose built premises with industry standard equipment and facilities and, with so much construction taking place across the region, we are delighted that it has been shortlisted for the Building Project of the Year Award.”

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Save the date as Vaisakhi celebration returns to West Park

    Source: City of Wolverhampton

    The popular cultural festival will return to West Park on Sunday 4 May between 12pm and 5pm.

    The Council of Sikh Gurdwaras in Wolverhampton has promised entertainment for all the family, including a fun fair, stalls and prominent Asian musicians and singers performing live on stage.

    There will be speeches by religious leaders, a variety of local organisations will showcase their services, and free food will also be served throughout the day. Entry is also free.

    Councillor Chris Burden, City of Wolverhampton Council’s Cabinet Member for City Development, Jobs and Skills said: “Vaisakhi is always hugely popular and we look forward to this year’s celebrations. With weeks to go, preparations are underway by the Council of Sikh Gurdwaras in Wolverhampton and people who live in the city, to ensure another fun filled family event.  

    “We are pleased that the event is returning to West Park and are looking forward to being able to celebrate the festival again as it is an extremely important event in the city’s calendar. 

    “There is limited parking around West Park, so attendees are kindly requested to park responsibly or to make use of nearby car parks on Fold Street and Clifton Street.

    “The City of Wolverhampton Council urge everyone to put the date in their diary and see West Park come alive to the sights and sounds of the Vaisakhi Festival.”

    Beforehand, there will be a parade from the Guru Nanak Satsang Gurdwara on Cannock Road to West Park, starting at 8:30am.

    To support the safe arrival of the parade as it makes its way into the park, maintain emergency access and reduce disruption to residents, motorists are advised a full road closure will be in place from 8am to 6pm on the roads detailed below:

    • Lansdowne Road – closed 8am to 6pm
    • Park Avenue – closed 8am to 6pm
    • Park Road East – closed between junctions with Park Road West/Southgate and Devon Road 8am to 6pm
    • Park Road West – closed between junctions with Park Road East/Southgate and Summerfield Road 8am to 6pm
    • Southgate – closed 8am to 6pm

    More details have been sent to those residents who will be affected.

    Vaisakhi is one of the most important dates in the Sikh calendar. It is the Sikh New Year festival, and this year marks the 326th Anniversary of the Creation of the Khalsa Order and making of Saint-Solider by Guru Gobind Singh Ji in 1699.

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: The AAIB has sent a team of inspectors to Ashbourne, Derbyshire

    Source: United Kingdom – Executive Government & Departments

    News story

    The AAIB has sent a team of inspectors to Ashbourne, Derbyshire

    A team of inspectors has been sent to begin investigating an accident which occurred on 8 April 2025

    An accident in the Ashbourne area of Derbyshire involving a light aircaft has been notified to the AAIB. An investigation has been launched and a multidisciplinary team of inspectors are on their way to the accident site.

    Media enquiries:
    During office hours 01932 440015
    Out of office hours 0300 777 7878

    Updates to this page

    Published 8 April 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Letter from Business Secretary Jonathan Reynolds to the Prime Minister: 21 February 2025

    Source: United Kingdom – Executive Government & Departments

    Correspondence

    Letter from Business Secretary Jonathan Reynolds to the Prime Minister: 21 February 2025

    Letter from Secretary of State for Business and Trade the Rt Hon Jonathan Reynolds MP to Prime Minister Keir Starmer.

    Documents

    Letter from the Business Secretary Jonathan Reynolds to the Prime Minister – 21 February 2025

    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 publiccorrespondence@cabinet-office.gsi.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

    Details

    Letter from Secretary of State for Business and Trade the Rt Hon Jonathan Reynolds MP to Prime Minister Keir Starmer.

    Updates to this page

    Published 8 April 2025

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    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Technology and Energy Secretaries chair first meeting of AI Energy Council

    Source: United Kingdom – Government Statements

    News story

    Technology and Energy Secretaries chair first meeting of AI Energy Council

    The UK’s new AI Energy Council held its first meeting in Westminster today (8 April).

    Science, Innovation, and Technology Secretary Peter Kyle, and Energy Security and Net Zero Secretary Ed Miliband co-chair the first meeting of the AI Energy Council.

    Secretary of State for Science, Innovation, and Technology Peter Kyle and Secretary of State for Energy Security and Net Zero Ed Miliband today convened the first meeting of the AI Energy Council in Westminster.

    Joined by industry representatives from across the energy and technology sectors, this inaugural round of discussions centred on how the UK can drive forward its AI and power goals – supporting the growth, jobs and opportunities which are central to the government’s Plan for Change.

    The Technology Secretary reflected on the desire across the country to benefit from the AI revolution – with over 200 applications from local areas putting themselves forward to become AI Growth Zones. Meanwhile the Energy Secretary highlighted how it is not only about making the UK’s energy grid fit for the age of AI, but how AI can serve the energy system too. 

    After delivering opening remarks, the Secretaries of State led discussions which included an agreement on the council’s 5 areas of focus for the coming year. These will be centred on ensuring the UK’s energy system is ready to support the country’s AI and compute infrastructure, promoting sustainability and the use of renewable energy solutions, and placing a strong focus on promoting the safe and secure adoption of AI across the energy system whilst also advising on how AI can be adopted to support the transition to net zero, unlocking opportunities to make the grid more flexible.

    Attendees reflected on the importance of making sure sustainability is at the heart of efforts to take advantage of AI and the need to make sure the UK has what is needed to drive further investment – including quick access to the grid, accelerated planning permission and skills.

    The 5 main areas of focus for the council were agreed, with attendees committing to meet quarterly – with an ambition to bring proposals to the table to make quick progress and deliver for people across the country.

    Updates to this page

    Published 8 April 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Update on Cabinet Office Audit and Risk Committee

    Source: United Kingdom – Executive Government & Departments

    News story

    Update on Cabinet Office Audit and Risk Committee

    A new chair has been appointed to the Cabinet Office Audit and Risk Committee

    Maura Sullivan has been appointed as Chair of the Cabinet Office Audit and Risk Committee for a term of three years. 

    The Cabinet Office Audit and Risk Committee offers an independent perspective on the department’s financial, risk, and control arrangements. It also reviews and recommends the approval of accounts for the Cabinet Office, Office of the Registrar of Consultant Lobbyists, Civil Superannuation, and the Royal Mail Statutory Pension Scheme.

    The Committee supports the Cabinet Office Board, which provides strategic and operational leadership for the department. It comprises of Cabinet Office ministers, senior executives, and non-executives from outside government.

    Maura is a finance professional with an executive career spanning Board level CFO roles in Banking, Asset Management and Pensions. 

    She has worked in complex international organisations, managed large teams and led and supported large transformation programmes. 

    Her non executive portfolio currently includes Chair of Audit and Compliance Committee for Marsden Building Society and Chair of Audit & Risk for Gov Facilities Management Services Limited (GovFSL), an arms length body of the MoJ.

    Updates to this page

    Published 8 April 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: UK and OSCE partners present the Democracy Defenders Award to the Georgian Young Lawyers’ Association

    Source: United Kingdom – Executive Government & Departments

    News story

    UK and OSCE partners present the Democracy Defenders Award to the Georgian Young Lawyers’ Association

    Minister of State Stephen Doughty congratulates the Georgian Young Lawyers’ Association for its efforts to protect democracy and human rights for Georgians.

    Minister for Europe, North America and UK Overseas Territories, Stephen Doughty, said:

    “I congratulate the Georgian Young Lawyers’ Association (GYLA) on winning the prestigious Democracy Defender Award gifted by the UK and seven OSCE partners. The GYLA is providing essential support to human rights activists and civil society organisations in Georgia who are coming under increasing pressure from repressive legislation.

    “After months of democratic backsliding, arbitrary arrests, and the use of excessive force against protestors, politicians and journalists, Georgian Dream has shown no indication they will return to their European path and uphold the democratic wishes of its own electorate.

    “I urge the Georgian authorities to reverse this isolationist behaviour, and I thank the GYLA for their important work protecting the fundamental rights of Georgian people.”

    Media enquiries

    Email newsdesk@fcdo.gov.uk

    Telephone 020 7008 3100

    Contact the FCDO Communication Team via email (monitored 24 hours a day) in the first instance, and we will respond as soon as possible.

    Updates to this page

    Published 8 April 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Salford celebrates community champions at the Spirit of Salford Community Awards 2025

    Source: City of Salford

    Salford has honoured some of its most inspiring residents and community groups at this year’s Spirit of Salford Community Awards, which took place on Thursday 3 April at Salford Community Stadium.

    The awards shine a light on local people who go above and beyond to make a difference in their communities – from supporting others through difficult times to creating positive change in their neighbourhoods.

    This year’s winners include volunteers, health champions, grassroots organisations and frontline workers, all of whom have been recognised for their dedication, compassion and commitment to Salford.

    City Mayor Paul Dennett said: “The Spirit of Salford Community Awards are one of the most meaningful events in our city’s calendar. They give us the chance to reflect and celebrate the incredible people who make Salford such a strong and caring place. These individuals and groups don’t do what they do for recognition. They get on with it quietly – supporting others, improving lives, and making their communities better for everyone.

    “I was genuinely humbled to hear their stories – from volunteers transforming green spaces to neighbours tackling loneliness, and young people leading with empathy and courage. Each one of them shows what the Spirit of Salford is all about. Thank you to everyone who took the time to nominate, to our judging panel, and most of all to our finalists and winners. You make us proud to be part of this great city.”

    This year’s awards received more than 500 nominations across ten categories, with an independent panel shortlisting finalists. Three of the categories were then opened up to a public vote, with over 4,000 votes cast online.

    2025 winners:

    • Citizen of the Year: Ian Carberry
    • Community Group of the Year: Talk About It Mate
    • Public Servant of the Year: Steve Warburton
    • Volunteer of the Year: Daniel Maylor
    • Young Volunteer of the Year: Jackson Haworth
    • Best Health Achievement: Tony Chorley
    • Best Community Safety Project: Salford Loaves and Fishes
    • Best Environmental Improvement: Buile Hill Mansion Association
    • Good Neighbour of the Year: Jen Thomas 
    • Best Child-Friendly Organisation: Quick Brick

    For more information about the awards, visit the Spirit of Salford Community Awards website.

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    Date published
    Tuesday 8 April 2025

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    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Portsmouth joins a royal celebration of community music

    Source: City of Portsmouth

    Portsmouth musicians joined a special reception hosted by his Majesty King Charles at Windsor Castle to celebrate the work of community musicians across the country.

    Matt Dixon, David Mallett and Heather Uden had the honour of representing Portsmouth Music Hub, joining around 350 guests for an evening that placed music – and the people who make it – at its heart.

    The celebration began with a concert featuring performances from the London Gay Men’s Chorus, students from the Royal College of Music, the Sing for Freedom Choir, and saxophonist YolanDa Brown.

    During the reception, guests were treated to further performances from The Songs for Ukraine Chorus and the wonderfully inventive London Vegetable Orchestra. One of the most memorable moments came when His Majesty joined in with the orchestra, playing along with Twinkle Twinkle Little Star on a carrot.

    Portsmouth City Council Leader Cllr Steve Pitt said: “Portsmouth Music Hub offers an innovative, award-winning musical education to Portsmouth children and young people from different backgrounds, so it’s great the Music Hub and staff were part of this national celebration. It was an evening that proved once again how music brings communities together in really meaningful ways.”

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: The Kremlin’s actions reflect no desire for peace that I can detect: UK statement at the UN Security Council

    Source: United Kingdom – Government Statements

    Speech

    The Kremlin’s actions reflect no desire for peace that I can detect: UK statement at the UN Security Council

    Statement by Ambassador Barbara Woodward, UK Permanent Representative to the UN, at the UN Security Council meeting on Ukraine.

    As we’ve heard on Friday, Russia’s ballistic missile attack on Kryvyi Rih struck a residential area in the city, resulting in the deaths of 20 people, including nine children, the youngest of whom was just three years old. 

    At least 70 people were injured. 

    The UN High Commissioner for Human Rights described this as the deadliest single strike harming children since the start of the full-scale invasion. 

    As High Commissioner Türk said, this attack was an unimaginable horror, nine children killed, most while playing in a park, as a military weapon exploded into shrapnel above them.

    We also saw Russia’s attacks this weekend on Kharkiv and Kyiv, resulting in at least 5 more civilian deaths and many more injured.

    So we find ourselves here once again to condemn yet more Russian attacks that have killed and injured many Ukrainian civilians in violation of the UN Charter and in violation of Russia’s responsibilities as a permanent member of the UN Security Council.

    President Putin continues to stall the ceasefire proposal, dragging his feet and insisting on maximalist conditions.

    While intensifying drone and missile attacks on Ukrainian cities.

    Which have now resulted in the deaths of nine more innocent children. 

    The Kremlin’s actions reflect no desire for peace that I can detect. 

    They are the actions of a government that remains hell-bent on destroying Ukraine; a government that disdains mediation efforts, and holds cheap the lives of civilians.

    Under US leadership, a ceasefire proposal is on the table. 

    The ball has been in Russia’s court for weeks now. 

    It’s time for the Kremlin to stop stalling. 

    It’s time they show that they are committed to peace as they claim to be.

    Because President Zelenskyy has made Ukraine’s will clear. 

    He wants to see the war end and has agreed to a full, immediate and unconditional ceasefire, subject to Russia’s agreement.

    It is time for the killing to stop. 

    It is time for the Kremlin to end its aggression against Ukraine and to uphold its obligations under the UN Charter. 

    It is time for President Putin to agree to a full and immediate ceasefire, as a vital step towards negotiations to end the war for good.

    So our message to the Kremlin is that we will not be deterred by your reckless and barbaric actions. 

    The UK will continue to stand resolutely by Ukraine to secure a just and lasting peace, in line with the principles of the UN Charter.

    Updates to this page

    Published 8 April 2025

    MIL OSI United Kingdom

  • MIL-OSI Economics: Samsung Announces Latest SmartThings Update

    Source: Samsung

    Samsung Electronics today announced an update to its global connected living platform, SmartThings — further enhancing the AI Home experience. SmartThings introduces new features and improvements each quarter to deliver a more convenient and seamlessly connected lifestyle for users.
     
    The highlight of this update is the integration of SmartThings with Samsung Health, designed to improve users’ sleep environments while enabling more personalized automation experiences. The update also expands Calm Onboarding to support a wider range of devices and adds compatibility with the Matter 1.4 standard.
     
    “SmartThings’ latest update represents our ongoing efforts to make the smart home more intuitive, connected and personalized,” said Jaeyeon Jung, Executive Vice President and Head of SmartThings at Samsung Electronics. “We’re excited to continue pushing the boundaries of smart home innovation by empowering users though enhanced personalization and automation, including sleep wellness.”
     
    Samsung Newsroom outlines some of the key changes below.
     
    ▲ (Left) A sleep environment summary card displayed in Galaxy Now Briefing, (Right) a detailed sleep environment report
     
    ▲ (Left) The automation routine setup screen with Samsung TV Plus actions, (Right) a broadcasting feature using SmartThings linked speakers
    * The UI in the above image may differ from the actual app screen or may be subject to change.
     
     
    Smarter Sleep Environments With Samsung Health Integration
    Sleep environment reports1 from Samsung Health on Galaxy devices help users create optimal conditions for rest by providing detailed insights into key factors — such as temperature, humidity, carbon dioxide levels and light intensity — through connected devices and sensors. These reports summarize the previous night’s sleep conditions and offer personalized suggestions for improvement.
     
    When paired with a Galaxy Watch or Galaxy Ring, the latest update enables SmartThings to automatically adjust the environment based on the user’s actual sleep and wake times.2 For example, routines can be set to turn off lights and the TV at bedtime or to open curtains and play music in the morning.
     

    Greater Flexibility With SmartThings Routines
    With the latest update, SmartThings now supports automation routines based on recurring schedules — weekly, monthly or annual — offering added flexibility for a variety of scenarios. For instance, users can automatically change the color of smart lights to celebrate special occasions like family birthdays.
     
    In addition, SmartThings routines now integrate with Samsung TV Plus on 2025 Samsung TV models. This allows users to include entertainment preferences in their smart home routines — whether it’s setting the TV to turn on the news in the morning or switching to a favorite channel at a preset time to ensure they don’t miss a show.
     
     
    Broadcasting via SmartThings-Connected Speakers
    A new broadcasting feature allows users to send voice messages across SmartThings-connected speakers, making in-home communication more convenient. For example, if a parent is away and sends a voice message through the SmartThings app — “I’ll be home soon, but have a snack from the fridge if you’re hungry” — it will automatically play on the designated home speaker. With real-time message delivery, families can stay connected no matter where they are.
     

    Expanding Calm Onboarding to More Devices
    Samsung has offered the Calm Onboarding3 feature since late 2023, streamlining setup for Samsung home appliances purchased through Samsung.com or official Samsung stores by linking the entire product journey — from order and delivery to connection with the SmartThings app.
     
    In the latest SmartThings update, Samsung is expanding Calm Onboarding beyond its own products to include compatible third-party smart home devices for a more seamless and intuitive connectivity experience. Users who purchase SmartThings-compatible smart home devices directly from Samsung.com will now receive purchase and delivery updates within the SmartThings app. Additionally, users will receive step-by-step onboarding instructions to simplify product setup. The rollout will begin in Korea, with plans to expand to other countries.4
     

    Matter 1.4 Support
    SmartThings continues to advance the IoT landscape by expanding its support for Matter 1.4. The latest version of the standard includes a wide range of energy management devices — such as water heater, heat pump, solar power device, battery storage device, mounted on/off control switch and mounted dimmable load control device. These newly supported device categories build on existing popular device types like lights, thermostats, switches, air conditioners, air purifiers, fans, door locks and more.
     
    By integrating AI-powered routines, broadening device compatibility and adopting the latest Matter standard, SmartThings reinforces its ongoing commitment to innovation — making the connected home more intelligent, energy-efficient and seamless for users and their families.
     
     
    1 The Sleep environment report feature is available on Samsung Galaxy smartphones running One UI 7.0 or later and Samsung Health version 6.29 or later. Availability may expand in the future. For more information on compatible devices that can measure sleep environments, refer to the Sleep condition report under the “How to Use” section in the SmartThings app.2 Setting routines based on sleep conditions may not be supported in certain countries. This feature is available on Samsung Galaxy smartphones with One UI 7.0 or Samsung Health version 6.29 or later, with plans for future expansion. A connected device capable of detecting sleep and wakefulness — such as Galaxy Watch4/5/6/7, Galaxy Watch Ultra, Galaxy Fit3 and Galaxy Ring — is required. For more information, refer to the “Accessories” section in the sleep tab of the Samsung Health app.3 As of April 2025, the Calm Onboarding feature for Samsung products is available in 14 countries including Korea, the United States, Australia, Brazil, France, Germany, Italy and the United Kingdom. Further expansion is planned throughout the year.4 This support is planned for countries where the IoT Marketplace, which sells SmartThings compatible smart home devices on Samsung.com, is available. It will be first applied in Korea and gradually expanded to other countries.

    MIL OSI Economics

  • 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: 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: 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
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    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