Category: European Union

  • MIL-OSI: Subsidiary of EfTEN Real Estate Fund AS acquired a registered immovable for construction of the Nõmme Südamekodu elderly care home

    Source: GlobeNewswire (MIL-OSI)

    On 31.03.2025, EfTEN Hiiu OÜ finalized the transaction by which the subsidiary of the fund acquired the property located at Hiiu 42, Tallinn from the Südamekodu AS.
    Previously (20.02.2025), the fund has notified the stock exchange of the conclusion of a contract of sale under the law of obligations. All the agreed preconditions for the transfer of ownership and the conclusion of a real right contract have as of now been met.
    The North Estonia Medical Centre will continue to use the part of the property under a valid lease agreement. For the remaining part, a long-term (10 + 10 years) lease agreement was signed with Hiiu Südamekodu OÜ, a subsidiary of Südamekodud AS. In cooperation with the lessee and Südamekodud AS, the building will be partially rebuilt into an elderly care home “Nõmme Südamekodu”, which will accommodate up to 170 Südamekodu clients in the future.

    Viljar Arakas
    Member of the Management Board
    Tel. 655 9515
    Email: viljar.arakas@eften.ee

    The MIL Network

  • MIL-OSI Banking: ADB’s Work in Water: Overview of Water Operations

    Source: Asia Development Bank

    Transcript

    Water is life. It quenches our thirst, powers our progress, and feeds nature.

    With countless rivers, vast oceans, and thundering storms, water can seem infinite.

    But for over 2 billion people in Asia and the Pacific, their daily relationship with water is one of struggle and hardship.

    NORIO SAITO

    Despite many achievements in Asia and the Pacific, 1.5 billion people in rural areas and 600 million more in urban areas still lack basic water supply and safely managed sanitation services. ADB is working to improve water security and resilience in the region by supporting sustainable service delivery. From 2014 to 2023, ADB committed a total of 23.5 billion U.S. dollars to the water sector across the region to benefit the lives of 654 million people.

    QINGFENG ZHANG

    The water-food-energy nexus is emerging as a critical issue in Asia and the Pacific. Agriculture is the biggest consumer of water in Asia. As of 2021, ADB has allocated 2 billion U.S. dollars to irrigation, 1 billion U.S. dollars to water-based natural resources management, and 477 million U.S. dollars to rural flood protection.

    SATOSHI ISHII

    ADB has been a long-standing partner in finding solutions for our developing member countries in Asia and the Pacific. Attaining the SDGs also means collaborating with other institutions and organizations, opening new channels for financing and encouraging public and private partnerships.

    VIVEK RAMAN

    80 percent of the wastewater generated in Asian cities is disposed of, untreated into our water bodies, making our sanitation services ineffective and more importantly our water bodies unsafe. In line with SDGs 6 and 11, ADB’s work prioritizes the provision of basic sanitation services, wastewater management, urban drainage and flood management, and solid waste management in Asia’s cities.

    YASMIN SIDDIQI

    In already arid countries like those in the Central West Asia region, water scarcity exacerbated by climate change is not only a food and water security issue but a transboundary challenge. ADB’s Central Asia Regional Economic Cooperation Program, CAREC, aims to develop a climate resilient framework for member countries in Central Asia region. This will enhance knowledge and technology transfer to support improved water resources and energy management.

    NEETA POKHREL

    Every year thousands of people are displaced in fragile and conflict-affected situations and small island developing states due to water-related climate and disaster events. How can we make informed investment decisions in this challenging environment? Therefore, ADB applies flexible business processes, we encourage field presence, and we implement in-depth analytics to better understand fragility and help our clients implement these.

    FATIMA MABOR BAUTISTA

    In 2022, ADB announced the Asia and the Pacific Water Resilience Initiative, an ambition to mobilize more than 200 million financing from internal sources and external partners to leverage 10 billion climate adaptation financing for ADB water sector operations from 2021 to 2030.

    TANYA HUIZER

    The Water Financing Partnership Facility, or WFPF, supports the Asia and the Pacific Resilience Initiative in accelerating implementation of sustainable development goals. With contributions from financing partners such as the Government of Austria, Spain, and the Netherlands, and the Bill and Melinda Gates Foundation, WFPF has helped ADB to do business as unusual.

    NORIO SAITO

    To achieve ADB’s vision of prosperous, inclusive, resilient, and sustainable Asia and the Pacific, providing sound water management and reliable services to the vulnerable is of vital importance. We at ADB are committed to seeing this vision to fruition.

    END CREDITS
     

    MIL OSI Global Banks

  • MIL-OSI China: China museum to screen international science movies

    Source: China State Council Information Office 3

    The China Science and Technology Museum said on Tuesday that it would launch a month-long display of 50 movies with special visual effects, to offer audiences an opportunity to engage with the world’s science-themed cinematic works.

    Running from April 8 to May 5, the screening is a part of the sci-tech section of the upcoming 15th Beijing International Film Festival.

    The films originate from 14 countries, including China, Russia, the United States, Australia and the United Kingdom. They cover a diverse range of topics, from nature and aerospace to frontier technology and fantasy animation.

    They will be shown on dome screens, giant screens and 4D.

    Four of the featured films will have their Asian premieres, and 21 will be shown for the first time in China during the screening, which will also include 21 classic and domestic science movies for free viewing, according to the museum.

    Other activities, such as academic salons, science education initiatives and film concerts will be held along with the film exhibition. 

    MIL OSI China News

  • MIL-OSI China: Spain extends incentives for EV purchases

    Source: China State Council Information Office

    The Spanish government on Tuesday approved an extension of its Moves III Plan to encourage the purchase of electric vehicles (EVs).

    The scheme, which is retroactively effective from the start of 2025, will remain in place until the end of the year. It offers subsidies of up to 7,000 euros (7,560 U.S. dollars) for individuals who buy an electric car and scrap their old vehicle. For commercial vehicles, the aid increases to 9,000 euros.

    The plan also maintains a 15 percent income tax deduction – up to a maximum of 3,000 euros – for the purchase of EVs. Additionally, it includes support for the expansion of Spain’s national network of EV charging stations.

    The measure was announced by minister for ecological transition Sara Aagesen following the cabinet’s weekly meeting. “This measure will help sustain demand for electric vehicles and shield our sector from external turbulence,” Aagesen said.

    She emphasized that the Moves III Plan aims to give certainty to consumers looking to invest in EVs, while also supporting complementary industries within the electric and electrified automotive sector.

    “In total, we’ve mobilized nearly 3 billion euros to promote electric mobility and infrastructure,” Aagesen said.

    According to the European Alternative Fuels Observatory, 133,699 electric vehicles were sold in Spain last year. However, overall registrations of fully electric and plug-in hybrid vehicles dropped by 3.9 percent compared to 2023, accounting for 11.4 percent of total car sales. (1 euro = 1.08 U.S. dollar) 

    MIL OSI China News

  • MIL-Evening Report: A new COVID variant is on the rise. Here’s what to know about LP.8.1

    Source: The Conversation (Au and NZ) – By Thomas Jeffries, Senior Lecturer in Microbiology, Western Sydney University

    NicoElNino/Shutterstock

    More than five years since COVID was declared a pandemic, we’re still facing the regular emergence of new variants of the virus, SARS-CoV-2.

    The latest variant on the rise is LP.8.1. It’s increasing in Australia, making up close to one in five COVID cases in New South Wales.

    Elsewhere it’s become even more dominant, comprising at least three in five cases in the United Kingdom, for example.

    So what is LP.8.1? And is it cause for concern? Let’s look at what we know so far.

    An offshoot of Omicron

    LP.8.1 was first detected in July 2024. It’s a descendant of Omicron, specifically of KP.1.1.3, which is descended from JN.1, a subvariant that caused large waves of COVID infections around the world in late 2023 and early 2024.

    The World Health Organization (WHO) designated LP.8.1 as a variant under monitoring in January. This was in response to its significant growth globally, and reflects that it has genetic changes which may allow the virus to spread more easily and pose a greater risk to human health.

    Specifically, LP.8.1 has mutations at six locations in its spike protein, the protein which allows SARS-CoV-2 to attach to our cells. One of these mutations, V445R, is thought to allow this variant to spread more easily relative to other circulating variants. V445R has been shown to increase binding to human lung cells in laboratory studies.

    The proportion of COVID cases caused by LP.8.1 has been rising in New South Wales.
    NSW Health

    Notably, the symptoms of LP.8.1 don’t appear to be any more severe than other circulating strains. And the WHO has evaluated the additional public health risk LP.8.1 poses at a global level to be low. What’s more, LP.8.1 remains a variant under monitoring, rather than a variant of interest or a variant of concern.

    In other words, these changes to the virus with LP.8.1 are small, and not likely to make a big difference to the trajectory of the pandemic.

    That doesn’t mean cases won’t rise

    COVID as a whole is still a major national and international health concern. So far this year there have been close to 45,000 new cases recorded in Australia, while around 260 people are currently in hospital with the virus.

    Because many people are no longer testing or reporting their infections, the real number of cases is probably far higher.

    COVID is still around.
    Hananeko_Studio/Shutterstock

    In Australia, LP.8.1 has become the third most dominant strain in NSW (behind XEC and KP.3).

    It has been growing over the past couple of months and this trend looks set to continue.

    This is not to say it’s not growing similarly in other states and territories, however NSW Health publishes weekly respiratory surveillance with a breakdown of different COVID variants in the state.

    Sequences of LP.8.1 in the GISAID database, used to track the prevalence of variants around the world, increased from around 3% at the end of 2024 to 38% of global sequences as of mid March.

    In some countries it’s climbed particularly high. In the United States LP.8.1 is responsible for 55% of cases. In the UK, where LP.8.1 is making up at least 60% of cases, scientists fear it may be driving a new wave.

    Will COVID vaccines work against LP.8.1?

    Current COVID vaccines, including the most recently available JN.1 shots, are still expected to offer good protection against symptomatic and severe disease with LP.8.1.

    Nonetheless, due to its designation as a variant under monitoring, WHO member countries will continue to study the behaviour of the LP.8.1 variant, including any potential capacity to evade our immunity.

    While there’s no cause for panic due to LP.8.1 variant at this stage, COVID can still be a severe disease for some. Continued vigilance and vaccination, particularly for medically vulnerable groups, is essential in minimising the impact of the disease.

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

    ref. A new COVID variant is on the rise. Here’s what to know about LP.8.1 – https://theconversation.com/a-new-covid-variant-is-on-the-rise-heres-what-to-know-about-lp-8-1-253237

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Submissions: Tech – The world spent $8.5 trillion on IT devices in a decade, more than Germany and the UK’s economies combined

    Source: Techgaged.com

    Every year, consumers and businesses pour staggering amounts of money into IT devices- desktop PCs, laptops, tablets, mobile phones, and printers. While annual spending has fluctuated since 2021, the past three years have seen steady growth, pushing the market toward a record-breaking $810 billion in 2025. This massive figure will push the total spending over the past decade to shocking highs.  

    According to data presented by Techgaged.com, the world has spent a jaw-dropping $8.5 trillion on IT devices in a decade, surpassing the combined economies of Germany and the United Kingdom.

    If IT device spending were a country, it would be the third-largest economy in the world

    The surging popularity of AI applications, IoT devices, and hybrid work models has fueled the need for high-performance devices, and this trend will only speed up in 2025. According to the new survey, global spending on IT devices hit $735 billion in 2024, or 6% more than the year before that. However, 2025 is set to witness an even bigger growth, with the annual spending surging by 10.3% to a record $810.2 billion. Moreover, this means 2025 will see the second-largest spending increase in a decade, trailing only the COVID-19-driven boom in 2021, when it soared by 15%.

    Even the world’s wealthiest billionaires wouldn’t have enough to cover this bill, as $810 billion is more than the combined net worth of Elon Musk, Jeff Bezos and Mark Zuckerberg. But this shocking figure is just a fraction of the total amount the world spent on IT devices over the past decade. With a record $810 billion in spending in 2025, the cumulative 10-year figure will hit a jaw-dropping $8.5 trillion.

    To put this into perspective, If IT device spending were a country, it would be the world’s third-largest economy, following China and the United States. Also, the ten-year spending of $8.5 trillion outpaces three years’ worth of global defense budgets, and it is enough money to fund NASA for 85 years, with its annual budget being around $100 billion.

    The world spends 25% more on IT devices annually than a decade ago

    The data also revealed how much annual spending on IT devices has increased over the past ten years. Back in 2014, consumers and companies spent $646 billion on IT devices. The next three years saw similar annual spending before it hit over $700 billion for the first time in 2017. The next major leap came in 2021 when the pandemic fueled a massive surge in tech purchases, reaching over $808 billion that year.

    According to the latest forecast, with a projected $810 billion in 2025, the world is now spending 25% or $164 billion more on PCs, tablets, and smartphones per year than a decade ago. For context, that $164 billion increase is more than the entire GDP of a country like Kuwait and close to that of Ukraine. In other words, in just ten years, global IT device spending has grown larger than the entire GDP of a mid-sized economy.

    MIL OSI – Submitted News

  • MIL-OSI United Kingdom: expert reaction to report on regenerative agricultural practices in the UK

    Source: United Kingdom – Executive Government & Departments

    A report published by the British Ecological Society looks at regenerative agricultural practices in the UK.

    Prof Neil Ward, Professor of Rural & Regional Development, School of Environmental Sciences, University of East Anglia, said:

    “The press release is an accurate reflection of the main findings in the report. This is a good report.  It has been produced by a large group of independent scientific experts and is based on a review of the state of the scientific evidence. It includes insights from interviews with eleven farmers and one independent agronomist.

    “It comes from an ecological perspective.  It has less to say about the economics of farming systems change, and the implications of farming systems change for greenhouse gas emissions and the prospects of the UK achieving net zero (despite the fact that agricultural practices will be important in the net zero transition).

    “Regenerative agriculture is becoming increasingly popular as an idea among farmers and pressure groups.  However, it remains loosely defined. This report provides some welcome new material to help improve the clarity of discussions around regenerative agriculture. One revealing comment is that regenerative agriculture is a direction of travel rather than an end-state.

    “The report suggests that minimising the exposure of bare soil is an important principle in reducing the detrimental environmental impacts of contemporary farming.

    “It also sees increasing diversity in crops grown as a central measure in reducing harmful environmental impacts.

    “What the report does not do is shed light on the scale of the contribution regenerative agriculture could make to reducing net greenhouse gas emissions. Agriculture is currently accounts for about 11% of UK GHG emissions, but as we decarbonise electricity generation and road transport, so the proportion of emissions that come from agriculture is expected to grow significantly in the coming decades.

    “Changes to farming practice through regenerative agriculture, though welcome, will not be enough on their own to bring agriculture into line with the UK’s carbon budget and its net zero goal.  That will require a significant change in what is produced and consumed. For example, the Climate Change Committee’s Seventh Carbon Budget, published in late February, suggested a 38% reduction in the number of sheep and cattle reared in the UK.

    “This report helps sharpen and develop the working definition of regenerative agriculture, which has been open to broad interpretation. The model of farming it espouses is necessary to address UK farming’s biodiversity crisis, but not sufficient to adequately address the climate crisis too.  That would require larger-scale change in the types of crops and animals produced.”

     

    Dr Emma Burnett, Agriculture and Sustainability Researcher, Fielden Whisky and Honorary Research Associate, TABLE, University of Oxford, said:

    “This report provides a good overview of regenerative agriculture, including both academic and practical perspectives. It captures the potential benefits and concerns, including regen ag’s appeal to a wide audience, the appetite from farmers to engage in regen ag, the potential for ‘no harm done’ on-farm changes, and the very real concerns about corporate capture and greenwashing.

    “The report adds to the growing body of literature that treats regen ag as a serious player in sustainable food and farming. It highlights both the beneficial elements of regen ag, as well as areas where more data is required, or where the data conflicts with assumptions. The report takes a nuanced view of regen ag, identifying that although a whole systems approach may deliver the best outcomes, farmers can sometimes only engage in a subset of practices. It identifies objectives that farmers are likely to engage through regen ag, like reducing tillage or incorporating understories and cover cropping, and highlights whether those practices have evidence of payoff over time. It also provides policy recommendations for a range of actors, including national governments, the private sector, and third-party certification schemes.”

    Prof John Quinton, Professor of Soil Science, Lancaster University, said:

    “The report suggests that the evidence for minimising soil disturbance on regenerative outcomes is weak. This seems to have been based largely on its controversial role as a potential tool in sequestering carbon, which has been shown to be soil and climate dependent i.e. success depends on where are you in the world are and what soil you have. However, it is very clear that minimising soil disturbances an excellent way of reducing soil erosion by water and an even better way of stopping the movement on soils on hillslopes caused by tillage, which can lead to damaging thinning of soils, reducing water supply to crops during droughts, the later point being completely missed in the report.  Where they work,  reduced tillage systems are a great way to conserve the soil and the report is perhaps overly pessimistic about their potential.

    “Residue management does not get mentioned in the report at all, which is an oversight given the important role that residue can play in protecting the soil surface, enhancing soil structure and reducing erosion. It also reduces water losses in times of drought which has been shown to help reduce air temperatures.  There is also evidence showing benefits for carbon sequestration and soil biology.

    “It is good to see the prominence given to maintaining a live vegetation cover through the winter. We have known for many years that vegetation protects the soil surface from rainfall, and the roughness it produces slows runoff controlling erosion and lowering the risk of muddy floods. We need to learn more about the relative benefits to soil functioning of returning more organic matter from both the above and belowground plant biomass to the soil,  and how plant diversity impacts on this in different environments.”

    Regenerative Agriculture in the UK – An ecological perspecitve’ was published by the British Ecological Society at 00:01 Wednesday April 2 2025.

    Declared interests:

    Prof Neil Ward “I am funded by UKRI to co-lead a large network of 3,000 researchers and practitioners working on the UK agri-food system and net zero (https://www.agrifood4netzero.net/).   I do not have any conflicts of interest and have not worked with any of the authors of the report.”

    Prof John Quinton “I have worked and published on soil erosion and its control for the last 30 years.  In the 1990s directly on the impact of reduced tillage on carbon, nutrient losses, and soil erosion.  I have worked on the impact of tillage on soil redistribution, water availability and crop yield and have had a series of PhD students working on plant diversity on cover crops. My work has been funded by the EU, Defra, NERC, BBSRC, EPSRC.  In the late 90s early 00s I did some research on cover crops for Syngenta.”

    For all other experts, no reply to our request for DOIs was received.

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: British Ecological Society Report – Regenerative Agriculture in the UK: An Ecological Perspective

    Source: United Kingdom – Executive Government & Departments

    Over the last decade the concept of regenerative agriculture has attracted increasing attention from farmers, governments and corporations as a more nature-friendly alternative to so-called ‘conventional agriculture’ that emphasises the need to focus on soil restoration.

    A new report by the British Ecological Society brings together the expertise of over 40 academics, practitioners and farmers across the UK to assess the evidence around the regenerative farming approaches to soil health, biodiversity and minimising environmental damage.

    Journalists came to this media briefing to hear about the findings and recommendations of the report, and the panel answered questions such as:

    • What is regenerative agriculture and why is it important?
    • Practically how does regenerative agriculture differ from conventional agriculture?
    • What does the evidence say on the benefits and negatives of implementing different regenerative agriculture methods?
    • How do crop yields from regenerative agriculture differ from conventional agriculture?
    • How can researchers work with farmers to ensure policies are evidenced-led and drive the transition to a more sustainable agricultural future?

    Speakers included:

    Dr Roy Neilson, soil ecologist at the James Hutton Institute 

    Dr Jennifer Dodsworth, social science researcher at University of Oxford and tenant hill farmer

    Dr Lucie Büchi, researcher in crop and weed ecology at The Natural Resources Institute of the University of Greenwich

    MIL OSI United Kingdom

  • MIL-OSI Security: Met detectives thank victim-survivors who have come forward following conviction of serial rapist Zhenhao Zou

    Source: United Kingdom London Metropolitan Police

    23 women have made reports to the Metropolitan Police Service following their appeal to trace potential victim-survivors of convicted rapist Zhenhao Zou. Detectives believe there are still more women yet to be identified and are renewing their appeal, in the hope that further victim-survivors come forward and access specialist support.

    Zou – a Chinese PHD student who had been living in London – was convicted of raping ten women in March 2025 following an extensive and complex Met investigation. The jury unanimously found him guilty of these rape charges after hearing evidence that he had committed crimes across two continents – both in the UK and in China.

    While detectives identified two of the women Zou was convicted of raping, eight remained unidentified throughout the investigation and subsequent trial.

    Following the conclusion of court proceedings, investigators also revealed that they had evidence to suggest that there may be more than 50 other victim-survivors who had not yet been traced.

    Since the Met’s appeal, 23 women have already made reports and investigators believe there could yet be further victims and survivors of Zou.

    Some of these women currently live in the UK, while others are living in China and other parts of the world. These reports highlight the scale of the international investigation and complexities faced by officers in their pursuit for justice.

    Multiple people have also come forward to share key information and assist with enquires, who officers are treating as potential witnesses.

    Commander Kevin Southworth, who leads public protection at the Metropolitan Police, said: “This is a significant step in our ongoing investigation and I’d like to thank the women who have bravely come forward since our appeal. Our priority remains to offer them the best possible support throughout this immensely difficult time.

    “I would also like thank Londoners and the wider public who have shared our appeal and helped us raise awareness of this case – helping to reach further women and witnesses who we believe will be crucial to the next phase of our investigation.

    “As part of our work to make London safer, officers and staff at the Met are continuing their efforts to tackle violence against women and girls and put victim-survivors at the heart of our response.”

    Specialist officers from the Met have spoken with all of the women who have come forward and enquiries continue into any potential crimes which have not yet been through the criminal justice process.

    Dedicated officers are liaising with the Crown Prosecution Service as they build a file of evidence to submit for further consideration by prosecutors. This will follow Zou’s sentencing, which is scheduled to take place in June 2025.

    As part of this update, the investigation team is once again appealing for further victim-survivors to come forward where they will receive specialist support. Beyond the women who have come forward, officers believe that there are still more victim-survivors to be traced.

    Officers want to reassure any potential victim-survivors that any reports will be fully investigated and dealt with the utmost sensitivity, care and compassion.

    How to contact the police and independent support agencies:

    Reports relating to Zhenhao Zou can be made online via the Major Incident Public Portal (MIPP): https://mipp.police.uk/operation/01MPS25X38-PO1. The MIPP is also available in Simplified Chinese (https://mipp.police.uk/operation/01MPS25X38-PO2 ).

    If you wish to speak to Met detectives or make a report relating to Zou, you can also contact police via email on survivors@met.police.uk

    You can also make a report to police by calling 101 from within the UK, quoting reference 2904/04FEB25.

    If you live in England or Wales and have been affected by this case and would like to seek independent support from specialist agencies, please contact the charity Rape Crisis via their 24/7 Rape and Sexual Abuse Support Line or call them on 0808 500 2222. Specially trained staff are there to listen, answer questions and offer emotional support.

    Zhenhao Zou (20/02/97), of Churchyard Row, Elephant and Castle, London, was found guilty of a total of 28 offences on Wednesday, 25 March following a trial at Inner London Crown Court. The offences are broken down as follows:

    • 11 counts of rape,
    • Three counts of voyeurism,
    • Ten counts of possession of an extreme pornographic image,
    • One count of false imprisonment,
    • Three counts of committing an offence with intent to commit a sexual offence (relating to the drug Butanediol).

    MIL Security OSI

  • MIL-OSI United Kingdom: Homes England and Octopus Real Estate launch £150m Greener Homes Alliance phase 2

    Source: United Kingdom – Government Statements

    Press release

    Homes England and Octopus Real Estate launch £150m Greener Homes Alliance phase 2

    The renewed alliance will reinforce a responsibility to support small and medium-sized (SME) housebuilders, while encouraging greener building practices.

    Octopus Real Estate supported by Homes England

    Homes England has joined with Octopus Real Estate, part of Octopus Investments and a leading specialist real estate investor and lender, to create the Greener Homes Alliance 2.

    The alliance will commit £150 million of funding, £42 million of which will be provided by the Agency’s Home Building Fund. This will provide small and medium-sized (SME) housebuilders with further loan finance enabling even more high-quality, energy efficient homes to be built across England.

    The first phase of the alliance launched in 2021, as part of broader efforts to expand the supply of finance available to SMEs, and funded over 550 much needed, new sustainable homes across the country. More than 40% of the homes built during phase one achieved an Energy Performance Certificate (EPC) rating of A, and 100% secured a Standard Assessment Procedure (SAP) score higher than 86, significantly higher than the UK average EPC rating of D and SAP score of 67.

    Phase one of the Greener Homes Alliance made a significant impact, with 20 loans completed totalling £150million – an average loan size to SME developers of £7.5 million.

    Phase two of the Greener Homes Alliance will seek to support the creation of more sustainable homes by introducing ten new criteria, four of which must be met for developers to benefit from a 1.25% discount on their interest rate. If six or more criteria are met, developers will be eligible for a 2% discount.

    The new criteria for phase two will include the use of mixed methods of construction (MMC) in the fabric of buildings and a real living wage paid to workers on site. It will also encourage borrowers to support the Lighthouse Charity, a leader in mental health within the construction industry.

    To qualify for funding from the alliance in the first place, all schemes must deliver specific key performance indicators as a minimum. Developers must ensure that all homes built are fossil fuel free and have an average SAP score of 85 or above.

    Marcus Ralling, Chief Investment Officer at Homes England said:

    Small and medium housebuilders play a vital and essential role in driving the delivery of much needed, new and sustainable homes.

    This extended Alliance is an excellent example of how we are working with partners like Octopus Real Estate to support the SME housebuilders that are crucial to building a diverse and resilient housing sector.

    Andy Scott, Co-Head of Debt, Octopus Real Estate, added:

    We are extremely proud of the impact our Greener Homes Alliance initiative has had when it comes to supporting developers looking to make greener decisions for their projects, and we’ve spent a lot of time working out the new criteria with Homes England to make sure the next phase is as impactful as possible.

    At Octopus, our mission is to reimagine real estate through the delivery of high-quality, sustainable places for people to live that are fit for the future and address societal needs such as fuel poverty. Working with esteemed government agencies to enact real change for the developers who have the expertise and capability to deliver such homes is a huge part of this.

    ENDS

    Notes to editors:

    An Energy Performance Certificate (EPC) tells you how energy efficient a property is, giving a property an energy efficiency rating from A (best) to G (worst) that is valid for 10 years. An EPC contains information about a property’s energy use and typical energy costs and steps to improve a property’s energy efficiency.

    The Standard Assessment Procedure (SAP) for the energy rating of dwellings) is the methodology currently used by the government to estimate the energy performance of homes. A SAP score provides a rating between 1 and 100, this range is then divided into categories A (best) to G (worst).

    The new criteria introduced for phase two will include:

    • An average SAP score of 92+ (EPC A)

    • More than 90% of waste from the site avoids landfill

    • Biodiversity Net Gain of over 20%

    • More than 50% of new homes will be Zero Bills ready

    • Regeneration of a brownfield site

    • Potable water usage reduced to less than 110L per person per day

    • Use of Mixed Methods of Construction (MMC) in the fabric of the building

    • The Real Living Wage must be paid to all workers on site

    • The borrower to support Lighthouse Charity, a leader in mental health within the construction industry

    • More than 25% of units to be affordable built on-site, or in line with local social housing plans

    All schemes must also deliver the following KPIs as a minimum:

    • All homes to be fossil fuel free

    • Every scheme to have average SAP score of 85+

    About Homes England 

    We are the government’s housing and regeneration Agency, and we’re here to drive the creation of more affordable, quality homes and thriving places so that everyone has a place to live and grow.  

    We make this happen by working in partnership with thousands of organisations of all sizes, using our powers, expertise, land, capital and influence to bring investment to communities and get more quality homes built. 

    Learn more about us: https://www.gov.uk/government/organisations/homes-england/about

    Press Office Contact Details 

    Email: media@homesengland.gov.uk 

    Phone: 0207 874 8262 

    About Octopus Real Estate

    Octopus Real Estate, part of Octopus Investments, is a specialist real estate investor and lender delivering quality, sustainable places to live for every stage of life. Through our role as an investor, lender, and landlord, we fund the entire lifecycle of real estate ─ reimagining its future.

    We have more than £3.7bn in real estate assets and secured lending, working with our partners to deliver greener homes for people to buy or rent, increase the supply of genuinely affordable housing, and build communities that meet the aspirations of elderly people. We also transform underused land and properties that require regeneration and redevelopment.

    We believe that real, lasting change can only be achieved if businesses invest in the right way. We work with people who share our values and take our responsibilities to the communities we serve seriously. Together, we’re harnessing change to build a better tomorrow.

    About Lighthouse

    The Lighthouse Construction Industry Charity is the only charity that provides emotional, physical and financial wellbeing support to the construction community and their families.

    Our mission is to ensure that our construction community can easily access the emotional, physical and financial wellbeing support they need and to develop healthy and sustainable futures for this generation and the next.

    Updates to this page

    Published 2 April 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Parents to save thousands through school-based nursery places

    Source: United Kingdom – Government Statements

    Press release

    Parents to save thousands through school-based nursery places

    300 new school-based nurseries approved in first round of funding, delivering on manifesto pledge with massive boost to early education.

    Families across the country are set to benefit from thousands of new nursery places from September, as the government delivers the change that people voted for by confirming the first wave of 300 school-based nurseries.

    The measures will help parents get to work, increasing access to childcare when they need it, and supports the government’s promise to put more cash in their pockets. The rollout of 30 government-funded hours of childcare will save parents up to £7,500 on average, while £450 per year will be saved through free breakfast clubs in schools.

    Funding for the programme has been more than doubled to £37 million — marking an important milestone in the expanded childcare rollout. Alongside introducing universal free breakfast clubs in all primary schools, the government’s plans will ensure children of all ages start the day ready to learn.

    The new or expanded nurseries will ensure children can access high-quality early education and get the best start in life as part of the government’s Plan for Change, delivering on its manifesto pledge for thousands of school-based nurseries across the country by the end of this Parliament.

    The first 300 school-based nurseries will be located in towns and cities across the country, from Exeter to North Tyneside. Overall, they will offer an average of 20 places per site and up to 6,000 new places in total, with up to 4,000 set to be available by the end of September.

    School-based nurseries are already making a difference in communities across the country. The majority of new nurseries opening as part of this phase are in the North or Midlands, including around one in ten in the North East – increasing access to childcare in cold spots and supporting the communities that need it most.

    Education Secretary Bridget Phillipson said:

    Delivering on our promise of a better early years system is my top priority, which is why we’ve more than doubled our investment in this first phase so thousands more children can benefit from a high-quality early education from this September.

    We said we’d act, and now we have. But this is just the beginning – we’ve set a hugely important milestone to get tens of thousands more children every year school-ready by age 5 as part of our Plan for Change.

    We’re raising the bar for early years, delivering on our manifesto commitments and building a system that gives every child the best start in life.

    This comes as new research released last month shows that early education is vital for children’s development and school readiness, particularly for those who may need extra support.

    School-based early education tends to be more inclusive – with a higher proportion of children with special educational needs than other settings.

    And in areas where deprivation is higher, having early years provision embedded within a primary school helps children settle into learning in a familiar and trusted environment.

    According to the IFS, teachers report that this continuity supports children’s development, strengthens relationships with families, and leads to smoother transitions into Reception — helping to close development gaps before they widen.

    Alex Armstrong, Headteacher at Bloemfontein Primary School who will be using their allocated funding to open a new baby room on site said:

    We wanted to address the shortage of nursery places in our local area and to provide the community with high-quality early education for our youngest learners. This funding will enable us to transform unused school space into an engaging and vibrant environment, offering year-round childcare for children from birth to five.

    There are so many benefits to school-based nursery provision, including continuity for children and their families and the opportunity to develop expert-led learning which will provide our children with strong foundations for lifelong success.

    Jason Elsom, Chief Executive of Parentkind said:

    Parents often struggle with finding good quality childcare, and many will welcome this investment, especially as parents with more than one child may be saved from the mad dash from nursery to school in the morning and afternoon.

    With more reach into the lives of parents and schools than any other charity, we know that childcare is a major headache for parents with young children, from the exorbitant cost, to finding a reliable local place for their children.

    Some of the best performing schools are now expanding into early years to deliver an excellent education, and the School-Based Nursery Capital Grant will enable even more schools to help the children in their care to be school ready before moving from nursery to reception, giving them the best start in life.

    Paul Whiteman, general secretary of school leaders’ union NAHT, said:

    There should be no higher priority for government than investment in the early years. The evidence is clear that high quality early education can make a lasting difference to children’s lives, particularly those from disadvantaged backgrounds.

    It is therefore extremely positive to see the first wave of new and expanded school-based nurseries being announced today. Schools play a vital role in the early years ecosystem, and this should help strengthen that further.

    As part of wider work to break down barriers to opportunity for every family, from this week providers are due to benefit from the largest ever uplift to the Early Years Pupil Premium, helping ensure the most disadvantaged children are accessing the high-quality early years education they need. This is part of an over £2 billion extra investment going into the sector next year, bringing total investment to over £8 billion.

    DfE media enquiries

    Central newsdesk – for journalists 020 7783 8300

    Updates to this page

    Published 2 April 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: UK to tackle Western Balkan migrant transit routes and serious organised crime with closer ties in the region

    Source: United Kingdom – Government Statements

    Press release

    UK to tackle Western Balkan migrant transit routes and serious organised crime with closer ties in the region

    Foreign Secretary David Lammy travels to Kosovo and Serbia to strengthen cooperation on tackling irregular migration and serious organised crime

    • New cooperation agreement with Serbia to smash the gangs at the heart of irregular migration crisis and secure UK borders ahead of hosting major Western Balkans diplomatic summit this Autumn
    • UK-supplied tech used in Kosovo to stop illicit goods and vulnerable people from reaching British shores and break the model of the criminal gangs
    • UK and European security also top of agenda with a visit to British troops part of NATO’s Peacekeeping mission at a time of increased volatility 

    Britain is taking the fight directly to people smugglers and criminal gangs who have turned the Western Balkans into a major transit route for irregular migration and serious organised crime, the Foreign Secretary will tell partners on a visit to the region this week. 

    With almost 22,000 people recorded using the Western Balkans to transit into Europe last year, the Foreign Secretary will meet with counterparts to strengthen UK-Serbian cooperation by signing an Organised Immigration Crime agreement, first agreed by Prime Minister Keir Starmer at the European Political Community. This will mean both countries can share information more quickly and directly to combat and disrupt organised immigration crime. David Lammy will also hear directly from female survivors of human trafficking. 

    This forms part of the government’s approach to tackle the problem at every step of the people smuggling journey, working with neighbouring countries to combine resources and share intelligence and tactics.

    Ahead of the Berlin Process Summit, a diplomatic meeting to deliver on the government’s plan for change through closer security ties and greater migration cooperation, David Lammy will see UK technology being used to detect drugs and weapons concealed in vehicles – alongside drones and cameras used to track popular smuggling routes and prevent people dangerously and illegally crossing borders.  

    The Foreign Secretary’s visit is the latest step to drive further action upstream and builds on the announcement of the world’s first sanction regime to target Organised Immigration Crime.

    It comes after the Prime Minister and Home Secretary hosted the Organised Immigration Crime Summit in London this week as part of the toughest-ever international crackdown on people smuggling gangs and to deliver on working people’s priorities for secure borders. The Summit announced £30 million of funding to tackle supply chains, illicit finances and trafficking routes and an additional £3 million to enable the Crown Prosecution Service (CPS) to increase its capacity to prosecute organised international smugglers.

    The Summit also saw the Prime Minister announce that more than 24,000 people with no right to be here in the UK have been removed since July – the highest rate of returns for eight years as the government begins to restore order to the immigration system.

    Foreign Secretary David Lammy said:

    Criminal gangs have long exploited instability in the Western Balkans, parts of which have become a major transit route for irregular migration and serious organised crime. They are risking lives for profit and becoming increasingly violent in their determination to make as much money as possible.  

    This diabolical, lawless trade of smuggling vulnerable people is completely unacceptable and we are determined to end it as we secure the UK’s borders under our Plan for Change.  

    With the world becoming more dangerous and unpredictable, the Western Balkans is of critical importance to the UK and Europe’s collective security, and the UK remains committed to building resilience and stability in the region. 

    Across the region, external actors – including Russia – seek to exploit this fragility by fanning ethnic tensions, destabilising democracies and threatening the hard-won peace and stability.

    UK expertise is set to strengthen the resilience of institutions against Russian and other malign influence – countering the threats of cyber-attacks, disinformation and interference in elections to stand up for freedom and democracy. On the visit, the Foreign Secretary will sign an agreement between the UK and Serbia which underlines the shared goal of a free, open, peaceful and secure cyberspace and countering malicious cyber actors.  

    The UK has a longstanding role and an important legacy in promoting security in the region including in Kosovo, where it has maintained a presence through NATO’s KFOR mission since 1999. The Foreign Secretary will meet with British troops on the ground who serve in KFOR, NATO’s largest overseas mission, which contributes to maintaining a safe and secure environment and freedom of movement for all communities in Kosovo.  

    The UK will host a meeting of Western Balkans leaders at the Berlin Process Summit in London in Autumn 2025 to support stability, security and economic co-operation, tackle gender inequality and violence against women and girls, and focus work to combat irregular migration transiting the region.

    Updates to this page

    Published 2 April 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Major reforms to environmental regulation to boost growth and protect nature

    Source: United Kingdom – Government Statements

    Press release

    Major reforms to environmental regulation to boost growth and protect nature

    Government reforms will streamline and modernise regulation to unlock growth, deliver 1.5 million homes and do more for nature under the Plan for Change

    A more dynamic, streamlined approach to environmental regulation will drive economic growth and safeguard nature under the Plan for Change, with reforms announced today (Wednesday 2 April) by the Environment Secretary Steve Reed.

    It comes as a new review, commissioned by Steve Reed and led by Dan Corry, finds the current system of environmental regulation is outdated, inconsistent and highly complex – delivering for neither nature nor growth. The review concludes that a “bonfire” of regulations is not the solution; rather, it makes 29 recommendations for streamlining regulation, all of which the government is actively considering.

    Secretary of State for Environment, Food and Rural Affairs, Steve Reed said:

    “Nature and the economy have both been in decline for too long. That changes today.

    “As part of the Plan for Change, I am rewiring Defra and its arms-length bodies to boost economic growth and unleash an era of building while also supporting nature to recover.

    “Dan Corry’s essential report gives us a strong set of common-sense recommendations for better regulation that will get Britain building.”

    Nine key measures with the greatest impact for growth and nature recovery will be fast-tracked. Work has already begun on:

    • Lead regulator: A single, lead regulator for major infrastructure projects will end the merry-go-round of developers seeking planning approvals from multiple authorities who often disagree with each other – speeding up approvals and saving businesses millions in time and resource. This could include the recently approved Lower Thames Crossing, as well as future schemes like Heathrow expansion. Pilot projects trialling the approach will begin this year.

    • Revamping environmental guidance: Rapidly reviewing the existing catalogue of compliance guidance, including on protecting bats, will identify opportunities to remove duplication, ambiguity, or inconsistency.

    • Streamlined permits and guidance: Speeding up work to update the Environmental Permitting (England and Wales) Regulations 2016 will allow regulators to make more sensible, risk-based decisions on which activities should be exempt from environmental permits, in some cases removing them altogether for low-risk and temporary projects. This will slash red tape for businesses, putting an end to delays that can slow down the decisions needed to get spades in the ground.

    • Planning permit portal: Defra will convene the environmental regulators to set out the work required to upgrade their digital systems for planning advice, including a single planning portal for all agencies. This will speed up planning applications, while building trust and transparency into the process.

    • New Defra Infrastructure Board: This will accelerate the delivery of major infrastructure projects by facilitating greater collaboration and stronger oversight within Defra and its arm’s-length bodies – unblocking barriers to development at an early stage.

    • More autonomy: Trusted nature groups will benefit from new freedoms to carry out conservation and restoration work without needing to apply for multiple permissions at every step of a project. A pilot collaboration between Natural England and the National Trust will allow Europe’s largest conservation charity to cut down on the high volume of applications for consents, permits and licences they must currently submit. This will eliminate bureaucratic hurdles, bringing their ambitious nature recovery programmes to life at scale, more quickly and easily than ever before.

    • Green finance boost: A new industry-funded Nature Market Accelerator will bring much needed coherence to nature markets, boosting investment into our natural habitats and driving growth. This will give businesses greater confidence to invest, unlocking a range of environmental benefits – from improved biodiversity to better water quality.

    • Strategic policy statements for regulators: Clearer guidance and measurable objectives for all Defra’s regulators, starting with Natural England and the Environment Agency, will drive performance improvements and focus delivery on government priorities. Progress will be closely monitored and reported on publicly – increasing transparency and accountability so the public can be confident that regulators are supporting, not blocking, development and nature restoration.

    • Rolling regulatory reform: A continuous programme of reform will be established to pinpoint rapid actions, quick wins, and longer-term areas for improvements to regulation.

    Economist and former charity leader Dan Corry, who led the review, said:

    “Our current system for environmental regulation lets down both nature and growth; we must focus on good outcomes and nature enhancement, not on rigidly preserving everything at any cost.

    “This review clearly shows that simply scrapping regulations isn’t the answer – instead, we need modern, streamlined regulation that is easier for everyone to use. While short-term trade-offs may be needed, these reforms will ultimately deliver a win-win for both nature and economic growth in the longer run.”

    Currently, nature groups, developers and farmers are forced to navigate and comply with a complex patchwork of over 3,500 regulations – many of which are out of date and duplicative – as well as multiple overlapping regulators, all while shelling out vast sums in legal costs. This rigid and archaic approach not only stunts growth but impedes large-scale nature recovery, holds up the delivery of homes and infrastructure and creates an unnecessary financial and administrative burden.

    This government will no longer accept this as the status quo; regulators and regulation must work for the people of Britain, not get in the way of progress. Reforms will streamline and modernise the regulatory process to reduce bureaucracy and focus on outcomes at scale, rather than delays and paperwork. Measures which require spend will be considered in the context of the Spending Review; those requiring legislative changes will be reviewed in the round as part of the government’s wider legislative priorities. Further engagement with environmental groups, homebuilders, and a range of organisations across society where necessary will take place to ensure that any changes ensure development, growth, and nature restoration work hand-in-hand.

    Today’s announcement is the latest step in Environment Secretary Steve Reed’s drive, under the Plan for Change, to reform and rewire Defra and its arm’s-length bodies to unleash economic growth and protect the environment.

    Planning reforms and a new Nature Restoration Fund will unlock much needed housing delivery and infrastructure whilst supporting nature recovery at scale. It will help developers meet their environmental obligations more efficiently, making it easier to build vital infrastructure like wind farms, railways, and roads, gigafactories and data centres.

    More widely, in recognition of nature’s decline in Britain, this Government has launched a rapid review to deliver on our legally binding environment targets, including halting the decline of species by 2030.

    Updates to this page

    Published 2 April 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: expert reaction to observational study of LDL cholesterol, statins, and dementia

    Source: United Kingdom – Executive Government & Departments

    An observational study published in the Journal of Neurology Neurosurgery & Psychiatry looks at LDL cholesterol levels, statins, and dementia risk. 

    Dr Francesco Tamagnini, Neurophysiologist at the Reading School of Pharmacy, University of Reading said:

    “There is clearly more to the story of Alzheimer’s than we first thought. This paper looks at the correlation and potential causal relationship between high levels of ‘bad cholesterol’ and dementia risk. The results give a convincing argument for researchers to consider LDL cholesterol in addition to the classic approaches. Amyloid beta and hyperphosphorylated tau have, so far, been assumed to be the main cause of Alzheimer’s but that is an opinion that is now likely to fade.

    “Recently, in collaboration with Dr Jon Rudge, my lab has looked into the idea that damage to the blood-brain barrier can lead to accumulation of LDL cholesterol in the brain and potentially alter the electrical activity of neurons. Alzheimer’s disease appears may be a complication caused by the accumulation of LDL in the brain. What we now need to find out is exactly how the high levels of lipids in the blood are causing Alzheimer’s and other types of dementia.”

    Dr Julia Dudley, Head of Research at Alzheimer’s Research UK says:

    “High levels of LDL cholesterol were identified as a risk factor for dementia in last year’s Lancet Commission on dementia prevention. And other research has suggested that drugs known as statins, which are used to lower cholesterol levels in the blood, could reduce dementia risk.

    “This large study looked at patient records for levels of LDL cholesterol and the risk of dementia. It also examined those patients who were on statins. It found that those people with lower LDL levels had a reduced risk of dementia. The use of statins seemed to offer a protective effect – even in those who already had cholesterol levels within a lower range.

    “However, dementia risk is complex and influenced by many factors. Without a detailed picture of what’s going on in the brain we do not know if there is a direct link between lower cholesterol and reduced dementia risk. Clinical trials will be key to understand what effects statins might be having on disease processes in the brain.

    “In the meantime, keeping our hearts healthy remains one of the most effective ways we can protect our brain health. If you have any concerns about your cholesterol levels, you should speak to your GP.”

    Low-density lipoprotein cholesterol levels and risk of incident dementia: a distributed network analysis using common data models’ by Minwoo Lee et al. was published in the  Journal of Neurology Neurosurgery & Psychiatry at 23:30 UK time on Tuesday 1 April. 

    DOI:10.1136/jnnp-2024-334708

    Declared interests

    Dr Francesco Tamagnini: None

    For all other experts, no reply to our request for DOIs was received.

    MIL OSI United Kingdom

  • MIL-OSI: Tenaris Files 2024 Annual Report / Annual Report on Form 20-F, and Convenes the Annual General Meeting of Shareholders and an Extraordinary General Meeting of Shareholders

    Source: GlobeNewswire (MIL-OSI)

    LUXEMBOURG, April 01, 2025 (GLOBE NEWSWIRE) — Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) filed today its 2024 Annual Report / Annual Report on Form 20-F, with the Luxembourg Stock Exchange, with the U.S. Securities and Exchange Commission (SEC), and with the other securities regulators of the markets where its securities are listed. The 2024 Annual Report (which includes the consolidated management report containing the financial and non-financial information (or sustainability statement) required by applicable law; the related management certifications on the consolidated financial statements as of and for the year ended 31st December 2024, and on the annual accounts as at 31st December 2024; and the external auditors’ reports on such consolidated financial statements, annual accounts and sustainability statement) may be downloaded from the Luxembourg Stock Exchange’s website at www.bourse.lu/regulated-information-oam, and the Annual Report on Form 20-F may be downloaded from the SEC’s website at www.sec.gov; and are available on Tenaris’s website at ir.tenaris.com.

    Holders of Tenaris’s shares and ADSs, and any other interested parties, may request a hard copy of any of these reports, free of charge, through our website at ir.tenaris.com/tools/printed-materials.  

    In addition, on April 4, 2025, Tenaris will convene its Annual General Meeting of Shareholders to be held on May 6, 2025, at 10:00 (Central European time), and an Extraordinary General Meeting of Shareholders to be held immediately after the adjournment of the Annual General Meeting of Shareholders. The convening notice (which includes the agendas for the meetings and the procedures for attending and/or voting at the meetings) will be published in such newspapers and filed with the regulators, as required by applicable law, and will be available on the Luxembourg Stock Exchange’s website at www.bourse.lu/regulated-information-oam, the SEC’s website at www.sec.gov, and Tenaris’s website at ir.tenaris.com.

    The following documents will also be available on Tenaris’s website at ir.tenaris.com upon publication of the convening notice:

    • information on Tenaris’s total number of shares and voting rights as of the date of the convening notice;
    • the Shareholder Meeting Brochure and Proxy Statement (which contains procedures for attending and/or voting at the meetings, and reports on each item of the meeting agendas and draft resolutions proposed to be adopted at the meetings);
    • the 2024 Annual Report;
    • the 2024 Compensation Report;
    • the board of directors report in connection with the proposed waiver of, suppression of, and authorization to suppress or limit, pre-emptive subscription rights by the existing shareholders;
    • the proposed amendments to the articles of association, and
    • the forms required for purposes of attending and/or voting at the meetings.

    Copies of these documents will also be available, free of charge, at Tenaris’s registered office in Luxembourg, between 10:00 and 17:00 (Central European time). In addition, shareholders registered in the share register may request electronic copies of such documents, free of charge, to investors@tenaris.com.

    Tenaris is a leading global supplier of steel tubes and related services for the world’s energy industry and certain other industrial applications.

    Giovanni Sardagna
    Tenaris
    1-888-300-5432
    www.tenaris.com

    The MIL Network

  • MIL-OSI USA: US files civil forfeiture complaint for $47 million in proceeds from Iranian oil sale following ICE investigation

    Source: US Immigration and Customs Enforcement

    WASHINGTON – An investigation by U.S. Immigration and Customs Enforcement has resulted in a civil forfeiture complaint alleging that $47 million in proceeds from the sale of nearly one million barrels of Iranian petroleum is forfeitable as property of, or affording a person a source of influence over, the Islamic Revolutionary Guard Corps or its Qods Force, designated Foreign Terrorist Organizations.

    The forfeiture was announced by ICE Homeland Security Investigations New York acting Special Agent in Charge Michael Alfonso; Sue J. Bai, head of the Justice Department’s National Security Division; U.S. Attorney Edward R. Martin, Jr., for the District of Columbia; and FBI Special Agent in Charge Alvin M. Winston, Sr. of the Minneapolis Field Office.

    “Through the work of HSI’s Counterproliferation Investigations group, alongside the FBI, the U.S. government has seized $47 million worth of funds allegedly meant for terrorist groups intent on causing catastrophic harm,” said ICE HSI New York acting Special Agent in Charge Alfonso. “The expertise of HSI personnel, coupled with federal law enforcement’s whole-of-government approach, ensures the wellbeing of the United States and our innocent foreign counterparts, alike. We are relentlessly utilizing every tool at our disposal in pursuit of any and all security threats.”

    The forfeiture complaint alleges a scheme between 2022 and 2024 to facilitate the shipment, storage, and sale of Iranian petroleum product for the benefit of the IRGC and IRGC-QF. The facilitators used deceptive practices to masquerade the Iranian oil as Malaysian, including by manipulating the tanker’s automatic identification system to conceal that it onboarded the oil from a port in Iran. The facilitators presented falsified documents to the Croatian storage facility and port authority, claiming that the oil was Malaysian. The facilitators paid for storage fees associated with the oil’s storage at the Croatian facility in U.S. dollars, transactions that were conducted through U.S. financial institutions that would have refused the transactions had they known they were associated with Iranian oil. The petroleum product was sold in 2024, and the United States seized $47 million in proceeds from that sale.

    The civil forfeiture complaint further alleges that the petroleum product constitutes the property of the National Iranian Oil Company, which has perpetuated a federal crime of terrorism by providing material support to the IRGC and IRGC-QF. As alleged, profits from petroleum product sales support the IRGC’s full range of malign activities, including the proliferation of weapons of mass destruction and their means of delivery, support for terrorism, and both domestic and international human rights abuses.

    “We will aggressively enforce U.S. sanctions against Iran, in furtherance of President Trump’s maximum pressure campaign,” said U.S. Attorney Martin. “With the continued seizures of Iranian oil and U.S. dollar profits, we are sending a clear message to Iran that bypassing the sanctions put in place by the U.S. Government is not as easy as playing a shell game with tankers filled with oil. We remain committed to thwarting Iran’s devious attempts, and to deprive its terrorists of the funding they desire.”

    “The FBI will not allow hostile regimes to evade U.S. sanctions or exploit our financial systems to fund designated terrorist organizations,” said FBI Special Agent in Charge Winston. “The FBI, alongside our partners, will relentlessly enforce U.S. sanctions against Iran and safeguard U.S. national security by disrupting illicit networks that seek to profit from sanctioned oil sales.”

    Funds successfully forfeited with a connection to a state sponsor of terrorism may in whole or in part be directed to the U.S. Victims of State Sponsored Terrorism Fund.

    ICE HSI New York and FBI Minneapolis Field Office are investigating the case.

    MIL OSI USA News

  • MIL-OSI United Nations: Press Conference by Security Council President on Programme of Work for April

    Source: United Nations MIL OSI b

    The Security Council in April will convene two of its annual meetings on peacekeeping operations and on displaced persons and refugees at a “particular time for multilateralism” as “we are confronting a number of crises, including armed conflicts and funding”, its President for the month told reporters at a Headquarters conference today.

    “All of this is compelling multilateralism to think long and hard about its methods and about its capacities to tackle the challenges which it was established to address,” said Jérôme Bonnafont (France), who took up the French ambassadorship on 17 March and whose delegation holds the 15-member organ’s rotating presidency for this month.

    The above-mentioned meetings will convene on 7 April and 28 April focusing on peacekeeping operations and refugees and displaced persons, respectively.  On 2 April, the Council is also set to hold a briefing on the protection of civilians in armed conflict.

    Mr. Bonnafont told reporters that the UN’s principles are not just fundamental, “they are the bedrock of the multilateral system and international law”.  And in the Security Council, they must be harnessed for global peace and security.

    On the Ukrainian front, he said the question now is whether discussions will produce a ceasefire that leads to a just and lasting peace, underpinned by the principles enshrined in the United Nations Charter.  This must ensure respect for Ukraine’s territorial integrity.  “The Council must guide proceedings towards that outcome,” he stressed.

    In the Middle East, “we cannot rule out a regional escalation”, he warned, adding that the Council, on 29 April, will hold a meeting on the matter to be chaired by French Foreign Minister Jean-Noël Barrot.  The Council will also meet on Lebanon, Syria and Libya in April.

    The 15-member organ will focus on Africa, as well, holding several meetings throughout the month on the Democratic Republic of the Congo, Sudan and South Sudan, where entire populations have been compelled to flee, the French Permanent Representative said.  In the Americas region, the Council will hold a briefing on 21 April on Haiti, where there is “pressing need” for a UN mission, he added.

    Asked about the ceasefire in Ukraine, he said that the UN must support a peace that is based on the UN Charter, also noting relevant Council resolutions adopted last month.  “What is going on right now between the United States, Ukraine and the Russian Federation” must be “pushed in the right direction by the UN”, he went on to add.

    When asked about what “tools” the UN and European Union have in their toolbox to push talks in the right direction, he said that support to Ukraine from Europe is multifaceted.  “We are on the side of Ukraine which was aggressed by Russia,” he reiterated, also adding that Europe is financially and militarily supporting Kyiv, as well.

    Answering about Council “relevancy” in a time of protracted wars in Ukraine and Gaza, he said that the Council is actively working to develop processes, but that “there is no magical wand” to put an end to wars.  The Council has a mandate to support processes and deploy operations.  “It is no easy task,” he went on to emphasize, underscoring the importance of “political dynamics” to support peace on the ground.

    On Gaza’s humanitarian crisis and whether there could be a ceasefire achieved in April, he said work is being done to convince Hamas to liberate hostages with dignity.  Clearly, the bombing needs to stop, he said, urging Israeli forces to return to a ceasefire and calling on all parties to return to logic.  In the medium term, the international community must start preparing for Gaza’s reconstruction efforts.

    Asked about the security situation in Haiti, he said that the UN must deploy a mission there, but doing so is contingent on sufficient financing and logistical arrangements.  The security situation in that country, he stressed, is very complex and challenging.

    As to whether the Council will consider sanctioning Rwandan parties for their involvement in the Democratic Republic of the Congo, he said that mediation efforts are currently being supported including by Angola and Qatar.  The Council did express its view on the urgency of a ceasefire a few days ago, he noted.

    Responding to a question about protecting Syria’s minorities, he said the Council demanded that Syrian authorities act “as is expected of them, namely that they respect the civilian population and minorities”.  There is a transitional government in Syria “made up of people from different groups”.  For Syria to see a definitive return to peace, it must respect its own diversity and must be inclusive, he said.

    On the bombing of Lebanon, he said it is a very critical moment for Beirut, “which has a chance to engage in efforts for a lasting peace” and become a peaceful country that can coexist with its neighbours.

    For the full programme of work, please see:  www.un.org/securitycouncil/events/calendar.

    MIL OSI United Nations News

  • MIL-OSI Europe: Meeting of the Weimar+ – ministers back just and lasting peace in Ukraine

    Source: France-Diplomatie – Ministry of Foreign Affairs and International Development

    Published on April 1, 2025

    Joint statement by the foreign ministers of France, Germany, Italy, Poland, Spain and the United Kingdom and the High Representative of the Union for Foreign Affairs and Security Policy (March 31, 2025)

    Three days after the anniversary of the Bucha massacre, we reiterate our unwavering support for Ukraine’s independence, sovereignty and territorial integrity, and for a comprehensive, just and lasting peace based on the principles of the United Nations Charter and international law, building on our Warsaw Declaration of 19 November, our Berlin Declaration of 12 December and our Paris Declaration of 12 February.

    Ukraine has shown its strong commitment to peace, also by agreeing to a full ceasefire without preconditions. However, Russia’s aggression against Ukraine has not ceased. Instead of imposing new conditions and launching continued attacks on Ukrainian cities and infrastructure that cause more and more victims, Russia must now show it is serious about ending its war. We call on Russia to stop its delaying tactics and reciprocate by agreeing without delay, as Ukraine has done, to an immediate, unconditional ceasefire on equal terms and implementing it fully. We need to see progress within a clear timeframe.

    Building on the recent meetings in Paris and London, we took forward the discussion on how best to support a comprehensive, just and lasting peace in Ukraine, which is vital for Ukraine, for Europe and for the whole international community.

    We remain committed to further political, financial, economic, humanitarian, military and diplomatic support for Ukraine, together with our international partners. To this end, we will strengthen Ukraine through significant short- and long-term military support, also in the framework of Capability Coalitions and the Ukraine Defence Contact Group, which will hold its next meeting on 11 April. Many European partners, including the members of this group, have made substantive additional pledges to support Ukraine militarily and are planning similar commitments in the future.

    We also stand ready to apply further pressure on Russia using all tools available, including by adopting new sanctions, to hinder its ability to wage its war of aggression and to ensure Ukraine is placed in the best position possible to secure a just and lasting peace. We reiterate that Russia’s assets should remain immobilized until Russia ceases its war of aggression against Ukraine and compensates it for the damage caused.

    We are also strongly committed to ensuring full accountability for war crimes and the other most serious crimes committed in connection with Russia’s war of aggression against Ukraine. The progress made on establishing a Special Tribunal for the Crime of Aggression against Ukraine, within the framework of the Council of Europe, is an important step.

    A credible pathway to peace must include humanitarian relief efforts, notably the exchange of prisoners of war, the release of civilians and the return of all Ukrainian children and other civilians unlawfully deported and transferred to Russia and Belarus.

    We support efforts for a ceasefire that can lead to the establishment of a just and lasting peace. We welcome recent progress to define the essential elements for a viable and sustainable ceasefire, including a clear framework of monitoring and verification.

    Peace must be sustainable, backed by effective guarantees to prevent further acts of aggression. Real, robust and credible security guarantees for Ukraine are an indispensable element of a just and lasting peace, based on Ukraine’s sovereign right to determine its security relationships with its partners, and on the duty of the international community to prevent future Russian aggression. We stand ready to play a leading role in this regard.

    Peace must be just, and Russia’s war of aggression cannot end with a reward to the aggressor. There can be no agreement that compromises on Euro-Atlantic security and the independence, sovereignty territorial integrity of Ukraine. We will not accept any agreement that restricts Ukraine’s military and defence industry or the military presence of partner countries in Ukraine.

    We stand ready to do our share in order to achieve this peace. Europe now provides almost two-thirds of all support to Ukraine, and 60% of military aid. We reiterate our ironclad commitment to NATO as the bedrock of Euro-Atlantic security and commit to take on greater responsibility for the future of the security and defence of the European continent, aiming at a significant result at the summit in The Hague.

    We reiterate the inherent right of Ukraine to choose its own destiny and to defend its democracy. Ukraine’s future is in Europe and in the European Union, and Ukraine’s future is crucial for the security of Europe. Europe must be fully involved in the negotiations and will make its own decisions.

    We remain committed to supporting Ukraine’s repair, recovery and reconstruction, in coordination with international partners.

    We reaffirm our commitment to our democratic values, and to further engage with our global partners in order to promote together a just and lasting peace in Ukraine, based on the universal principles of the United Nations Charter.

    We reaffirm that Europe must assume more responsibility for its own security and become better equipped and deal with immediate and future challenges. (…)./.

    MIL OSI Europe News

  • MIL-OSI USA: Graham, Blumenthal Lead 50 Senators In Introducing Hard-Hitting Russia Sanctions

    US Senate News:

    Source: United States Senator for South Carolina Lindsey Graham

    WASHINGTON – Today, U.S. Senators Lindsey Graham (R-South Carolina) and Richard Blumenthal (D-Connecticut) led 50 U.S. Senators – evenly divided by party affiliation – to introduce primary and secondary sanctions against Russia and actors supporting Russia’s aggression in Ukraine.

    These sanctions would be imposed if Russia refuses to engage in good faith negotiations for a lasting peace with Ukraine or initiates another effort, including military invasion, that undermines the sovereignty of Ukraine after peace is negotiated. The legislation also imposes a 500 percent tariff on imported goods from countries that buy Russian oil, gas, uranium and other products.

    “We are pleased to announce that we have received overwhelming bipartisan support for our primary and secondary sanctions legislation against Russia. The sanctions against Russia require tariffs on countries who purchase Russian oil, gas, uranium and other products. They are hard hitting for a reason.

    “The dominating view in the United States Senate is that Russia is the aggressor, and that this horrific war and Putin’s aggression must end now and be deterred in the future.

    “We share President Trump’s frustration with Russia when it comes to obtaining a ceasefire, and support President Trump’s desire to achieve a lasting, just and honorable peace.

    “In 1994, as part of the Budapest Memorandum Ukraine gave up approximately 1,700 nuclear weapons with a promise from the U.S., Russia and United Kingdom that Ukraine’s sovereignty would be honored in the future. This failed to deter Russian aggression. In 2014 and 2015, the Minsk agreements were reached to end Russia’s invasion of Ukraine, but again, it did nothing to deter future aggression. In 2022, Russia invaded Ukraine once more, leading to deaths of hundreds of thousands of people and the displacement of millions.

    “It is our hope that in 2025, President Trump and his team will achieve what has eluded the world in the past: ending Russian aggression against Ukraine permanently and ensuring the survivability of a free and democratic Ukraine.

    “These sanctions against Russia are at the ready and will receive overwhelming bipartisan, bicameral support if presented to the Senate and House for a vote.

    “We support an immediate ceasefire to secure a lasting, honorable peace.”

    The sanctions are cosponsored by U.S. Senators Dan Sullivan (R-Alaska), Dick Durbin (D-Illinois), Katie Britt (R-Alabama), Sheldon Whitehouse (D-Rhode Island), Todd Young (R-Indiana), Angus King (I-Maine), Pete Ricketts (R-Nebraska), Tim Kaine (D-Virginia), Kevin Cramer (R-North Dakota), Amy Klobuchar (D-Minnesota), John Curtis (R-Utah), Brian Schatz (D-Hawaii), Tom Cotton (R-Arkansas), Maggie Hassan (D-New Hampshire), Deb Fischer (R-Nebraska), Angela Alsobrooks (D-Maryland), Joni Ernst (R-Iowa), Mazie Hirono (D-Hawaii), Roger Wicker (R-Mississippi), Jeanne Shaheen (D-New Hampshire), Thom Tillis (R-North Carolina), Peter Welch (D-Vermont), Markwayne Mullin (R-Oklahoma), Chris Coons (D-Delaware), Tim Sheehy (R-Montana), Kirsten Gillibrand (D-New York), Lisa Murkowski (R-Alaska), Mark Kelly (D-Arizona), Jon Husted (R-Ohio), Elissa Slotkin (D-Michigan), Chuck Grassley (R-Iowa), John Hickenlooper (D-Colorado), John Cornyn (R-Texas), Michael Bennet (D-Colorado), Shelley Moore Capito (R-West Virginia), Ruben Gallego (D-Arizona), John Hoeven (R-North Dakota), John Fetterman (D-Pennsylvania), John Boozman (R-Arkansas), Chris Van Hollen (D-Maryland), James Lankford (R-Oklahoma), Martin Heinrich (D-New Mexico), Rick Scott (R-Florida), Adam Schiff (D-California), Jim Justice (R-West Virginia), Elizabeth Warren (D-Massachusetts), Steve Daines (R-Montana) and Jack Reed (D-Rhode Island).

    Companion legislation is being introduced in the U.S. House of Representatives by U.S. Representatives Brian Fitzpatrick (R-Pennsylvania), Mike Quigley (D-Illinois), Joe Wilson (R-South Carolina) and Marcy Kaptur (D-Ohio).

    MIL OSI USA News

  • MIL-OSI Security: Investigators roll up mafia-style organisation in Italy and Germany

    Source: Eurojust

    An extensive five-year investigation into an ‘Ndrangheta mafia-style organisation active in Germany and Italy has led to the arrest of 29 suspects during a joint operation by Italian and German authorities, supported by Eurojust. The mafia-style group was responsible for a number of crimes in the Stuttgart area, and Calabria and Emilia-Romagna, including fraudulent trade in food products, attempted manslaughter, drug trafficking, tax evasion and money laundering.

    The joint operation was coordinated from the Eurojust premises in The Hague. Authorities worked together to carry out around 40 searches in Germany and Italy. Ten of the suspects were arrested in Germany and 19 in Italy. Among those arrested in Germany is a police officer, who is suspected of supporting the criminal organisation.

    During the joint actions in both countries, carried out today, over 350 law enforcement officers were deployed. German officers were involved in the operations on the ground in Italy and vice versa.

    To carry out the investigation, a joint investigation team (JIT) was set up via Eurojust, which assisted the rapid and efficient collaboration between the authorities involved. The authorities worked together to investigate a number of crimes linked to the ‘Ndrangheta-related organisation, agreeing on a coordinated prosecution strategy.

    The organised crime group (OCG) is suspected to have carried out several crimes throughout Italy and Germany, but mostly around the Stuttgart area. The crimes they are being investigated for include the formation and support of a foreign criminal organisation, arson, disclosure of confidential information, drug trafficking, money laundering and attempted manslaughter.

    Specific investigations especially brought to light an elaborate fraud with high-value food products, such as expensive cheeses and olive oil, as well as kitchen equipment for pizza production. These products were ordered via a fake company, which didn’t pay any invoices, and the goods were later sold on via another enterprise to Italian restaurants in and around Stuttgart, who were put under pressure by the OCG to buy the products from them.

    The following authorities carried out the operations:

    • Italy: Public Prosecutor’s Office of Catanzaro – District Anti-Mafia Directorate: Investigative Section of the Central Operational Service (SISCO) of Catanzaro and Mobile Squad of Police Headquarters of Catanzaro, with the coordination of the Central Operational Service of the Central Anti-Crime Directorate of the State Police, supported in the executive phase by Mobile Squads of Cosenza, Modena, Parma, Ferrara and Grosseto and SISCO of Bologna and Florence, from the Crime Prevention Departments ‘Northern – Southern and Central Calabria’, including anti-drug dog units
    • Germany: Public Prosecutor’s Office Stuttgart; Aalen Police Headquarters; Waiblingen Criminal Investigation Department

    MIL Security OSI

  • MIL-OSI Asia-Pac: DECARBONIZATION IN THE STEEL SECTOR

    Source: Government of India

    Posted On: 01 APR 2025 4:30PM by PIB Delhi

    The steps including adoption of green technologies, carbon capture and recycling initiatives taken by Government to decarbonize the steel sector in India areas under:-

    1. Ministry has released the Taxonomy for Green Steel to provide standards for defining and categorizing the low emission steel.
    2. Ministry of Steel has released a report titled “Greening the Steel Sector in India: Roadmap and Action Plan” in alignment with the recommendations of the 14 Task Forces constituted by this Ministry for this purpose which provides the future roadmap for green steel and sustainability, towards net-zero target by 2070. The report is available on Ministry of Steel’s website.
    • III. Ministry of Steel has awarded 07 pilot projects for implementation of pilot projects for use of hydrogen in steel sector under National Green Hydrogen Mission launched by Ministry of New & Renewable Energy.
    • IV. National Solar Mission launched by Ministry of New and Renewable Energy in January, 2010 promotes the use of solar energy and also helps to reduce the emission of steel industry.
    1. The Ministry of Road Transport and Highways (MoRTH) has formulated the Vehicle Scrapping Policy that includes a system of incentives/disincentives for creation of an ecosystem to phase out older, unfit polluting vehicles. Under the policy, MoRTH has issued rules for Registration and Functions of Vehicle Scrapping Facility (RVSF), which provides the procedures and infrastructure facilities required for de-pollution and dismantling of End-of-Life Vehicles (ELVs) for further recovery of metal and other materials under environmental regulations.
    • VI. Ministry of Mines has brought out ‘National Non-ferrous Metal Scrap Recycling Framework, 2020’ to promote a formal and well-organized recycling ecosystem. The Framework lays down standard procedures for recycling and processing of scrap and developing a mechanism for facilitating the Metal scrap recycling activities.
    1. Ministry of Environment, Forest & Climate Change has introduced the Environment Protection (End-of-Life Vehicles) Rules, 2025, which establishes a framework for managing End-of-Life Vehicles (ELVs) in an environmentally sound manner and mandates Extended Producer Responsibility (EPR), requiring vehicle producers to meet annual scrapping targets based on the type of vehicle and materials recovered.
    2. The Carbon Credit Trading Scheme (CCTS) has been notified by the Government (Ministry of Power) on 28thJune,2023, which provides an overall framework for the functioning of the Indian Carbon Market.

    CPSEs of Ministry of Steel are collaborating with eminent technology providers such as M/s BHP from Australia, M/s SMS from Germany, M/s Primetal Technologies from United Kingdom, M/s John Cockerill India Limited from Belgium, M/s Ram Charan Company Pvt. Ltd., Madras, National Centre of Excellence in Carbon Capture and Utilization (NCoE-CCU) of IIT, Bombay and Great Eastern Energy Corporation Ltd. to promote low carbon steel production.

    This information was given by the Minister of State for Steel and Heavy Industries, Shri Bhupathiraju Srinivasa Varma in a written reply in the Lok Sabha today.

    *****

    TPJ/NJ

    (Release ID: 2117302) Visitor Counter : 150

    MIL OSI Asia Pacific News

  • MIL-OSI: GAMCO Expects to Report Diluted EPS for the First Quarter 2025 of $0.75 to $0.81 Per Share

    Source: GlobeNewswire (MIL-OSI)

    GREENWICH, Conn., April 01, 2025 (GLOBE NEWSWIRE) — GAMCO Investors, Inc. (“Gabelli”) (OTCQX: GAMI) announced today that assets under management (“AUM”) were $31.1 billion at March 31, 2025 as compared to $31.7 billion at March 31, 2024.

    Gabelli expects to report first quarter 2025 diluted earnings in the range of $0.75 to $0.81 per share versus $0.64 per share for the first quarter of 2024.

    Gabelli will be issuing further details on its financial results in early May.

    About GAMCO Investors, Inc.

    Gabelli (OTCQX: GAMI), established in 1977 and incorporated under the laws of Delaware, is a widely-recognized provider of investment advisory services to 24 open-end funds, 13 United States closed-end funds and one United Kingdom limited investment company, 5 actively managed exchange traded funds, one société d’investissement à capital variable, and approximately 1,400 institutional and private wealth management investors principally in the U.S. The Company’s revenues are based primarily on the levels of assets under management and fees associated with the various investment products.

    In 1977, Gabelli launched its well-known All Cap Value equity strategy, Gabelli Value, in a separate account format and in 1986 entered the mutual fund business. Today, Gabelli offers a diverse set of client solutions across asset classes (e.g. Equities, Debt Instruments, Convertibles, non-market correlated Merger Arbitrage), regions, market capitalizations, sectors (e.g. Gold, Utilities) and investment styles (e.g. Value, Growth). Gabelli serves a broad client base, including institutions, intermediaries, offshore investors, private wealth, and direct retail investors.

    CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

    The financial results set forth in this press release are preliminary. Our disclosure and analysis in this press release, which do not present historical information, contain “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995.  Forward-looking statements convey our current expectations or forecasts of future events. You can identify these statements because they do not relate strictly to historical or current facts. They use words such as “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe,” and other words and terms of similar meaning. They also appear in any discussion of future operating or financial performance. In particular, these include statements relating to future actions, future performance of our products, expenses, the outcome of any legal proceedings, and financial results. Although we believe that we are basing our expectations and beliefs on reasonable assumptions within the bounds of what we currently know about our business and operations, the economy, and other conditions, there can be no assurance that our actual results will not differ materially from what we expect or believe. Therefore, you should proceed with caution in relying on any of these forward-looking statements. They are neither statements of historical fact nor guarantees or assurances of future performance.

    Forward-looking statements involve a number of known and unknown risks, uncertainties and other important factors, some of which are listed below, that are difficult to predict and could cause actual results and outcomes to differ materially from any future results or outcomes expressed or implied by such forward-looking statements. Some of the factors that may cause our actual results to differ from our expectations include risks associated with a decline in the securities markets that adversely affect our assets under management, negative performance of our products, the failure to perform as required under our investment management agreements, and a general downturn in the economy that negatively impacts our operations. We also direct your attention to the more specific discussions of these and other risks, uncertainties and other important factors contained in our Annual Report and other public filings. Other factors that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We do not undertake to update publicly any forward-looking statements if we subsequently learn that we are unlikely to achieve our expectations whether as a result of new information, future developments or otherwise, except as may be required by law.

    Contact:     Kieran Caterina
    SVP, Chief Accounting Officer
    (914) 921-5149

    For further information please visit
    www.gabelli.com

         

    The MIL Network

  • MIL-OSI Economics: Christine Lagarde: The transformative power of AI

    Source: European Central Bank

    Welcome address by Christine Lagarde, President of the ECB, at the ECB conference on “The transformative power of AI: economic implications and challenges” in Frankfurt, Germany.

    Frankfurt, 1 April 2025

    It is a pleasure to welcome you to our conference on the transformative power of AI.

    In the early stages of a new technological breakthrough, it is often hard to discern fact from fiction. We struggle to imagine the ways in which the new technology will be used. And even if we predict the direction of technological change correctly, we rarely get the timeline or the size of the impacts right.

    Today, we sometimes hear claims that AI is improving so fast that we are only a few years away from the nature of work being radically reformed. But we also hear arguments that the same barriers that slowed down the adoption of all past technologies will also delay AI adoption.

    I cannot claim to know which vision will prove to be correct. But the early evidence is promising and, in my view, we must act on the basis that we are facing an economic revolution. This attitude will be particularly important here in Europe.

    On this side of the Atlantic, we are still paying the price for having been too slow to capitalise on the last major digital revolution, the internet. The tech sector explains around two-thirds of the productivity gap between the EU and the United States since the turn of the century.

    And now we are faced with a technology that can improve its own performance through self-learning mechanisms and feedback loops, enabling even more rapid advances and innovations. The risks of underestimating the potential of AI, and falling behind again, are simply too great to be ignored.

    What’s more, we are facing a new geopolitical environment in which we can no longer be sure that we will have frictionless access to new technologies developed overseas. This new reality strengthens the case for Europe to establish itself at the technological frontier.

    There are two main areas where we should expect, and prepare for, major changes in the economy.

    The first is productivity.

    We can already see the productivity effects of AI in sectors like the US tech sector, where output is expanding while employment is falling.[1] But we are still in the early phase of the “productivity J-curve”, where new technologies diffuse to the wider economy and are reflected in GDP.

    As such, estimates about the productivity gains of AI vary widely – but even at the lower end they would be a game changer for Europe.

    One widely accepted methodology estimates that the euro area could see a boost to total factor productivity (TFP) of around 0.3 percentage points per year over the next ten years.[2] Compare that with the past decade, when annual TFP growth averaged just 0.5%.

    Other estimates point to much larger gains, with productivity expected to grow 1.5 percentage points faster annually if AI is widely adopted over the next decade.[3]

    Whether Europe can achieve such productivity gains will depend on whether we can improve the environment for AI innovation and diffusion.

    This comes down to funding, regulation and energy.

    As I have been arguing for some time, Europe’s relatively small venture capital ecosystem is a major hindrance to building foundational models in the EU.[4] Between 2018 and 2023, around €33 billion was invested in AI companies in the EU, compared with more than €120 billion in their US peers.[5]

    Building and developing this technology also requires considerable investment in data centres, and the EU currently has around 4 times fewer dedicated sites than the US.[6]

    At the same time, ECB research finds that regulation and a lack of institutional quality are particularly detrimental to the expansion of high-tech sectors relative to more mature technologies. Investing in radical technologies is highly risky and needs a different set of framework conditions.[7]

    The adoption of AI, for example, depends on access to data pools to train models, which requires smart regulation to avoid data fragmentation while ensuring data protection. It also requires good institutions as, for instance, effective legal systems are needed to defend a non-patentable asset like a set of AI prompts.

    Our research shows that if the EU’s average institutional delivery were raised to the level of best practice, AI-intensive sectors would see their share in investment rise by more than 10 percentage points.[8]

    Finally, unless we see major breakthroughs in efficiency, Europe’s energy supply constraints could pose a challenge to the diffusion of AI through the economy in the future.

    The power consumption of data centres is expected to triple in Europe by the end of the decade.[9] AI training and inference is extremely energy-intensive.[10] And this surge in demand comes at a time when the green transition is also increasing the demand for electricity, for example for charging battery electric vehicles.

    There is now a clear policy agenda in Europe to address these barriers. It is widely recognised that we need to build a savings and investment union to jump-start European venture capital, that we must simplify complex digital regulations and improve permitting speeds, and that we have to massively increase investment in data centres, fibre-optic networks and electricity grids.

    But for Europe to make the most of the AI revolution, how the productivity gains from AI are harnessed also matters. Labour productivity can be increased either by reducing labour inputs relative to outputs, or by raising outputs relative to inputs. The employment implications of each route are vastly different.

    This brings me to the second area of major change: the effect of AI on labour markets.

    According to ECB research, between 23% and 29% of workers in Europe are highly exposed to AI.[11] This does not necessarily herald a “job apocalypse”. It is reasonable to expect that AI will follow historical patterns by displacing some jobs while creating new one.[12]

    But there are two new questions that this technology poses.

    First, will the pace of technological change be faster than in previous transitions? This question is critical for Europe, as our social model and traditionally high levels of job protection make it hard to see how a transition that leads to massive job reallocations could avoid a major backlash.

    The key factor will be whether AI leans more towards job displacement via its “automation potential”, or towards changes in the nature of work via its “augmentation potential”. In the augmentation scenario, workers will still need to adapt to changing roles and tasks, but the transition will likely be easier.

    Recent research by the ILO finds that only a small share of jobs – around 5% in advanced economies – meet the criteria for high automation. But a much larger share – over 13% – meet the criteria for high augmentation.[13]

    The second question is about the distribution of gains.

    Early studies suggested that AI could increase the productivity of lower-skilled workers the most.[14] But newer studies looking at more complex tasks – like scientific research[15], running a business[16]and investing[17]– tell a different story. High performers benefit disproportionately and, in some cases, less productive workers see no improvements at all.

    So even if AI augments more than it automates, we are likely to see an increase in labour market inequality. Demand for higher-skilled workers who can use AI most effectively will rise, while those less able to learn new skills could suffer.

    All told, I do see a path for Europe to adopt AI without fracturing its social model. But it will require massive complementary investments in skills to prevent a rise in inequality.

    Crucially, this will not require everyone to become coders, which would probably set the bar too high. According to the OECD, most workers who will be exposed to AI will not need specialised AI skills to get ahead in their careers.

    In fact, the most sought-after skills in highly exposed jobs will be linked to management and business – skills that many people have the capacity to learn.[18]

    The CEO of Anthropic, Dario Amodei, has described the potential capabilities of AI as being like “a country of geniuses in a data centre”.[19] If this proves to be correct, it is both an awesome prospect for humanity and a daunting one for individual workers.

    I believe we must act today, and especially in Europe, with the mindset that this future will likely come to pass. We must remove all the barriers that will prevent us from being at the forefront of this revolution.

    But we must also prepare for the human and climate impacts of this transition, and we need to start now.

    I trust that this conference will generate the ideas we need to move forwards.

    MIL OSI Economics

  • MIL-OSI NGOs: Finland: Move to leave convention banning anti-personnel mines could put civilian lives at risk

    Source: Amnesty International –

    Reacting to news that the Finnish government has initiated the process of withdrawing from the Ottawa convention, a landmark treaty prohibiting the use of anti-personnel mines, Esther Major, Amnesty International’s Deputy Director for Research in Europe, said:

    “The Finnish government’s move to leave the Anti-Personnel Mine Ban Convention is a disturbing backward step that further undermines the global consensus aimed at minimizing civilian harm during armed conflict.

    “Anti-personnel landmines are inherently indiscriminate weapons. They have devastating effects on civilians, sometimes decades after they are deployed, while unexploded anti-personnel landmines can blight whole regions for generations. The use of weapons which are by their nature indiscriminate is prohibited under customary international humanitarian law.

    “This move, which follows the recent withdrawal from the Convention on Cluster Munitions by Lithuania, goes against decades of progress on eliminating the production, transfer and use of inherently indiscriminate weapons. As the world prepares to mark the International Day for Mine Awareness and Assistance in Mine Action this week, we call on the Finnish government to reverse this decision that will inevitably put civilian lives at risk.”

    Background

    The 1997 Anti-Personnel Mine Ban Convention (the Ottawa treaty) bans the use, stockpiling, production, and transfer of antipersonnel mines and currently has 164 states parties.

    The Ministers of Defence of Estonia, Latvia, Lithuania and Poland recently recommended withdrawal from the Ottawa Convention.

    The International Day for Mine Awareness & Assistance in Mine Action is on 4 April.

    MIL OSI NGO

  • MIL-OSI USA: Cornyn Introduces Texan Tilman Fertitta at Ambassador to Italy and San Marino Nomination Hearing

    US Senate News:

    Source: United States Senator for Texas John Cornyn

    WASHINGTON – U.S. Senator John Cornyn (R-TX) today introduced Texan and U.S. Ambassador to Italy and San Marino nominee Tilman Fertitta at his nomination hearing before the Senate Committee on Foreign Relations. Excerpts from his remarks are below, and video can be found here.

    “I’ve had the pleasure of knowing Tilman for quite some time.”

    “Over the years, I’ve witnessed Tilman make an incredible impact on the City of Houston and the entire State of Texas.”

    “After school, he helped his father peel shrimp. Years down the road, he’d use the profits from that small family business to secure a small loan to acquire what would later become an empire. That’s one of the things you learned about Tilman, as I have: the man keeps striving and challenging himself.”

    “Tilman’s realization of the American dream will serve him well as a voice for our nation’s interests and as an advocate for a strong relationship between the United States and Italy.”

    “I have no doubt he will do a stellar job as ambassador, so it’s my honor to support his nomination.”

    MIL OSI USA News

  • MIL-OSI Europe: JOINT MOTION FOR A RESOLUTION on the targeted attacks against Christians in the Democratic Republic of the Congo: defending religious freedom and security – RC-B10-0211/2025

    Source: European Parliament

    Lukas Mandl, David McAllister, Andrzej Halicki, Michael Gahler, Sebastião Bugalho, Željana Zovko, François‑Xavier Bellamy, Christophe Gomart, Ingeborg Ter Laak, Andrey Kovatchev, Miriam Lexmann, Rasa Juknevičienė, Antonio López‑Istúriz White
    on behalf of the PPE Group
    Yannis Maniatis, Marit Maij
    on behalf of the S&D Group
    Patryk Jaki, Adam Bielan, Bert‑Jan Ruissen, Waldemar Tomaszewski, Aurelijus Veryga, Sebastian Tynkkynen, Bogdan Rzońca, Arkadiusz Mularczyk, Mariusz Kamiński, Marlena Maląg, Marion Maréchal, Małgorzata Gosiewska, Alberico Gambino, Nicolas Bay, Waldemar Buda, Piotr Müller, Maciej Wąsik, Kosma Złotowski, Jacek Ozdoba, Daniel Obajtek, Tobiasz Bocheński, Jadwiga Wiśniewska, Joachim Stanisław Brudziński, Carlo Fidanza, Cristian Terheş
    on behalf of the ECR Group
    Hilde Vautmans, Petras Auštrevičius, Dan Barna, Olivier Chastel, Ľubica Karvašová, Ilhan Kyuchyuk, Urmas Paet, Lucia Yar
    on behalf of the Renew Group
    Mounir Satouri
    on behalf of the Verts/ALE Group

    European Parliament resolution on the targeted attacks against Christians in the Democratic Republic of the Congo: defending religious freedom and security

    (2025/2612(RSP))

    The European Parliament,

     having regard to its previous resolutions on the Democratic Republic of the Congo (DRC),

     having regard to the Universal Declaration of Human Rights,

     having regard to the International Covenant on Civil and Political Rights,

     having regard to the Constitution of the Democratic Republic of the Congo (DRC), which guarantees the right to freedom of conscience and the free exercise of religious worship for all citizens,

     having regard to the UN Declaration on the Elimination of All Forms of Intolerance and of Discrimination Based on Religion or Belief, adopted by the UN General Assembly on 25 November 1981,

     having regard to the European Convention on Human Rights,

     having regard to Rules 136(2) and (4) of its Rules of Procedure,

    A. whereas the eastern DRC has endured decades of widespread violence and instability; whereas the situation continues to deteriorate significantly, with persistent human rights violations by armed groups, mass displacement, attacks on civilians and alarming humanitarian conditions further exacerbated by armed conflicts, such as the conflict between the DRC Government, the Rwanda-backed armed rebel group March 23 Movement (M23) and other militias, which has already resulted in the forceful internal displacement of 4.6 million people in the eastern DRC; whereas around 100 separate armed groups are estimated to be operating in the eastern DRC; whereas a series of overlapping issues are driving destabilisation in the country;

    B. whereas M23 has intensified attacks in North Kivu and on 19 March 2025, it seized the mineral-rich town of Walikale, defying the ceasefire;

    C. whereas the Allied Democratic Forces (ADF) is one of the most prominent extremist groups with explicitly religious objectives, especially since its leader pledged allegiance to the so-called Islamic State of Iraq and Syria (ISIS) in 2019, becoming its Central Africa Province branch (ISCAP); whereas the ADF’s attacks need to be seen in the wider African context of a rise in the number of Islamist groups, in particular those affiliated to ISIS, in the Sahel region, the Horn of Africa, Mozambique, Nigeria and the DRC; whereas the ADF has been designated a terrorist group by Uganda and the United States;

    D. whereas in May 2024, the UN Group of Experts on the DRC warned that the ‘armed group established strong networks in prisons, particularly in Kinshasa where ADF detainees were active in recruiting and mobilising combatants and collaborators’, using not only ideological means, but also coercion, deception, abduction and financial incentives to attract members and collaborators;

    E. whereas the ADF has a long history of committing terrorist attacks in the eastern DRC, particularly in North Kivu and Ituri provinces; whereas North Kivu is a resource-rich region, with vast supplies of critical raw materials including cobalt, gold and tin, which are necessary for the global digital and energy transitions; whereas it is known that the ADF and other armed groups, including M23, have been relying on, among other sources of financing, the illegal exploitation of these resources to fund their activities; whereas the Congolese Catholic Church claims that the ADF is responsible for the deaths of around 6 000 civilians in Beni between 2013 and 2021 and more than 2 000 in Bunia in 2020 alone; whereas in 2024, a large number of Christians were killed in the DRC by jihadists; whereas civilians in the DRC’s eastern provinces are facing an increasing number of attacks, killings and abductions, as well as church bombings and the destruction of (religious) property, perpetrated by armed groups with extremist and jihadist ideologies; whereas most victims of ADF attacks have been Christian; whereas these attacks undermine religious freedom and exacerbate intercommunal tensions; whereas the Catholic bishops of the DRC spoke out in an April 2021 statement about the threat of the ‘Islamization of the region [North Kivu] as a sort of deeper strategy for a long-term negative influence on the general political situation of the country’;

    F. whereas in 2021, a prominent local Muslim leader received death threats from the ADF, and he was later gunned down; whereas in 2023, the ADF bombed services at a Pentecostal church in Kasindi, killing 14 people; whereas the ADF has been linked to an attack on the village of Mukondi in 2023, in which at least 44 civilians were killed, according to local authorities; whereas the group claimed 48 attacks in December 2024 alone, killing over 200 people; whereas in January 2024, the ADF killed eight people in Beni during an attack on a Pentecostal church and, in May 2024, ADF assailants reportedly killed 14 Catholics in the North Kivu province for refusing to convert to Islam; whereas the ADF also reportedly executed 11 Christians in the village of Ndimo in Ituri province and kidnapped several others;

    G. whereas local and international human rights organisations have documented numerous instances of religious violence in the DRC, while stressing the urgent need for the state to provide adequate protection; whereas, while the DRC Government has demonstrated a strong intention to address the impacts of armed group violence in the eastern DRC, other recent developments call into question the government’s commitment to safeguarding religious freedom specifically; whereas women and children are particularly vulnerable to rape as weapon of war, human trafficking and sexual slavery;

    H. whereas the Armed Forces of the DRC have been conducting a joint military offensive, Operation Shujaa, with the Ugandan People’s Defence Force against the ADF and other insurgent forces in the eastern DRC since November 2021; whereas the conflict between the DRC Government and the Rwanda-backed M23 rebels has led to a decrease in the funds, personnel and equipment being allocated to this counterterrorism operation;

    I. whereas the right to freedom of religion and belief is a fundamental human right and must be protected given the high level of violence and persecution; whereas the Constitution of the DRC provides for freedom of religion and prohibits discrimination based on religious belief;

    J. whereas over 7 million people in the DRC are currently displaced because of the wider ongoing conflicts, with limited access to food, water, healthcare and essential services; whereas state authorities and rebel groups have obligations to civilians under international humanitarian law, including protecting and facilitating access to humanitarian assistance, and permitting freedom of movement;

    K. whereas women and children in the DRC face increased levels of sexual and gender-based violence, including rape as a weapon of war, resulting in there being one victim of rape every four minutes;

    L. whereas the illegal exploitation of mineral resources continues to fuel conflict in the region, necessitating stronger international oversight and responsible sourcing policies;

    M. whereas in March 2025, President Félix Tshisekedi of the DRC and President Paul Kagame of Rwanda issued a joint statement announcing a ceasefire; whereas despite this, the violence perpetrated by the Rwanda-backed M23 rebels continues;

    N. whereas the DRC has one of the highest rates of internal displacement in the world; whereas many women and children live in precarious conditions and are being exposed to the risk of harassment, assault, sexual exploitation and forced recruitment; whereas displaced populations often receive no basic life-saving services and are at risk of malnutrition and disease; whereas cities that host internally displaced people in precarious circumstances are also targets of attacks by different militias, causing great distress to the displaced communities and to the local population;

    O. whereas the EU has committed to supporting stability in the DRC through diplomatic engagement, financial assistance and targeted sanctions against individuals responsible for violence and human rights abuses; whereas on 17 March 2025, the EU imposed sanctions on nine individuals and one entity responsible for acts that constitute serious human rights violations and abuses or that sustain the conflict in the DRC, including through the illegal exploitation of resources, but further diplomatic and economic measures may be necessary;

    P. whereas the Council has renewed the EU’s financial support for the deployment of Rwandan Defence Force (RDF) troops in Mozambique under the European Peace Facility (EPF); whereas the head of these forces was previously deployed in the eastern DRC to support abuses committed by the Rwanda-backed M23 rebels, giving rise to serious doubt as to whether there are sufficient safeguards attached to EPF support, including effective vetting and other human rights requirements;

    Q. whereas the EU has repeatedly affirmed its commitment to the promotion and protection of religious freedom globally, and has taken steps to combat religious persecution and intolerance in various parts of the world; whereas Christians are the most persecuted religious group in the world;

    R. whereas Parliament has consistently called for the strengthening of international efforts to combat religious persecution and to hold accountable those responsible for attacks on minority communities;

    1. Strongly condemns the occupation of Goma and other territories in the eastern DRC by M23 and the RDF as an unacceptable breach of the DRC’s sovereignty and territorial integrity; urges the Rwandan Government to withdraw its troops from DRC territory, the presence of whom is a clear violation of international law and the UN Charter, and cease cooperation with the M23 rebels; demands that Rwanda and all other potential state actors in the region cease their support for M23;

    2. Expresses deep concern at the alarming continuation of violence; deplores the loss of life and the attacks, both indiscriminate and targeted, against civilians; expresses deep concern over the worsening security and humanitarian crises in the eastern DRC as a whole; calls for the immediate cessation of all forms of violence and for the commitment of all parties involved in the ongoing conflict in the eastern DRC to respect international humanitarian law;

    3. Strongly condemns the targeted terrorist attacks carried out by the ADF against Christian communities in the eastern DRC, including killings, abductions and the destruction of religious property, and calls for an immediate halt to such acts of violence; expresses its solidarity with the families of the victims and with Christian communities;

    4. Strongly condemns the Rwanda-backed M23 rebel group and the ADF, as well as other rebel groups, and their egregious human rights abuses that amount to crimes against humanity in accordance with the Rome Statute of the International Criminal Court (ICC); underlines that there must be no impunity for the perpetrators of these acts and that those responsible should be referred to the ICC; encourages the establishment of an international commission of inquiry to examine the human rights violations committed in the DRC, renewed investigations in North Kivu by the ICC Prosecutors Office and the creation of a special tribunal for atrocity crimes in the DRC, including crimes committed against Christian communities; backs the efforts by the National Episcopal Conference of Congo and the Church of Christ in Congo, which launched the ‘Social pact for peace and coexistence in the Democratic Republic of Congo and the Great Lakes Region’, with the aim of restoring peace in the country’s eastern provinces;

    5. Supports the international efforts against the ADF, including the Shujaa counterterrorism operation carried out jointly by the DRC and Ugandan armed forces; encourages the EU Member States to consider ways of contributing to these efforts, including increased efforts to trace and interdict ISIS secret funds held overseas and to trace any raw materials stemming from their illegal exploitation by the ADF; calls for the EU to support the necessary capacity-building and expertise to combat ADF ideology and rhetoric, particularly within the Muslim communities of both Uganda and the DRC, to prevent recruitment among those communities; requests the application of the EU global human rights sanctions regime to those responsible for planning, ordering or participating in the killing of Christians in the DRC;

    6. Calls for an immediate and effective ceasefire, and for the full implementation of diplomatic agreements, including the Luanda and Nairobi peace processes; underlines the urgent need for the stabilisation of the country and reiterates its call on M23 to halt its territorial advances and withdraw from the territory of the DRC;

    7. Reiterates its full support for the UN Organization Stabilization Mission in the DRC (MONUSCO) in protecting civilians and stabilising the region; urges the EU to cooperate with all actors on the ground, in particular MONUSCO, to ensure the protection of civilians in the eastern DRC; calls on the UN to work towards a stronger mandate for MONUSCO in order to enable peacemaking; calls on the UN to ensure the protection of civilians and respect for international humanitarian law;

    8. Urges the international community to increase support for services in the eastern DRC so that civilians who have been targeted can have access to legal services and psychological support; calls on the DRC Government to counter extremist propaganda; calls for the establishment of early warning mechanisms to more effectively prevent and respond to attacks by the ADF and other armed groups against civilians;

    9. Reiterates its call for all parties, including armed groups operating in the eastern DRC, to allow and facilitate humanitarian access to address the urgent need for essential services in the eastern DRC and neighbouring countries, notably Burundi; emphasises that humanitarian workers must be able to operate safely to deliver life-saving assistance to Congolese civilians; stresses that this is a central obligation under international humanitarian law, and that perpetrators violating these obligations should be held to account; calls on all parties to provide a safe environment for civil society organisations;

    10. Is appalled by the shocking use of sexual violence against women and children as a tool of repression and weapon of war in the eastern DRC, and by the unacceptable recruitment of child soldiers by the various rebel groups; demands that these matters be addressed by the international community without delay;

    11. Calls for stricter enforcement of EU regulations on conflict minerals to prevent illicit trade from fuelling armed groups in the DRC; reiterates its previous call on the Commission to suspend the EU’s Memorandum of Understanding with Rwanda; requests that the Commission share detailed mapping of current projects with Rwandan authorities and its assessment of whether they may contribute to or fail to address human rights violations either inside Rwanda or in the DRC;

    12. Calls for the EU and its Member States to support the DRC in implementing the recommendations of the 2010 mapping report by the UN High Commissioner for Human Rights (UNHCR), including reforming the security sector, strengthening its efforts to prevent further atrocities against civilians, and ending support for or collaboration with abusive armed groups; urges the DRC Government to ensure accountability for human rights violations and prosecute those responsible for attacks; calls for the EU and its Member States to support the DRC in fighting corruption, strengthening governance and the rule of law, improving security and ensuring the lasting protection of communities at risk, including religious communities, and to ensure that perpetrators of attacks are brought to justice;

    13. Underlines the role of communities, including religious communities and faith-based organisations in the DRC, in promoting peace, social cohesion and the well-being of local communities;

    14. Calls on the Commission and the European External Action Service to intensify diplomatic efforts by working closely with regional partners, including the African Union, the East African Community and the United Nations, in order to step up diplomatic efforts to achieve a sustainable resolution to the conflict and prevent extremist groups from using religion as a tool for violence and division;

    15. Calls on the Commission and the Member States to increase humanitarian aid to address the urgent needs of displaced persons and vulnerable communities in the DRC, ensuring safe access to food, medical care and shelter;

    16. Supports the imposition of further targeted EU sanctions against individuals and entities responsible for financing or engaging in violence, human rights abuses and resource exploitation; calls for the implementation of the sanctions outlined in the UNHCR mapping report;

    17. Confirms its commitment to freedom of thought, conscience and religion as a fundamental human right guaranteed by international legal instruments recognised as holding universal value, and to which most countries in the world have committed, and which is enshrined in the Constitution of the DRC;

    18. Echoes the calls for international solidarity in defending religious freedom and the protection of religious minorities in conflict zones, particularly in the DRC, while addressing the root causes of violent extremism in the DRC and its neighbourhood;

    19. Urges the EU to uphold its commitment to the promotion of religious freedom and the protection of communities, including religious communities, ensuring that the rights of these groups are prioritised in the EU’s external policies;

    20. Notes, with concern, the growing influence of the Russian Orthodox Church in Africa, which is a staunch supporter of the Putin regime and its violent, unlawful war in Ukraine; underlines that this development raises significant questions regarding the broader geopolitical and ideological objectives of the Russian Federation in Africa;

    21. Deplores the fact that Rwanda announced the termination of its diplomatic relations with Belgium, and expresses its solidarity with Belgium;

    22. Instructs its President to forward this resolution to the Council, the Commission, the Vice-President of the Commission / High Representative of the Union for Foreign Affairs and Security Policy, the Governments and Parliaments of the Democratic Republic of the Congo and Rwanda, the African Union, the secretariats of the United Nations Organization Stabilization Mission in the Democratic Republic of the Congo, the Southern African Development Community and the East African Community, and other relevant international bodies.

     

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  • MIL-OSI Europe: Hearings – Enhancing media literacy in the digital age – 08-04-2025 – Committee on Culture and Education

    Source: European Parliament

    On April 8th, 2025, the Committee on Culture and Education will host a public hearing on ‘’Enhancing media literacy in the digital age’,’ exploring the impact of digital technologies and media literacy.

    Speakers include Francesca Pasquali, discussing digital media’s role in daily life; Alessandro Orlowski, addressing online disinformation; Fernanda Bonacho, on journalism’s role in media literacy; and Will Kingston-Cox, focusing on empowering youth to combat disinformation.

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  • MIL-OSI Europe: Answer to a written question – Reducing excessive budget deficits in EU Member States – P-001609/2024(ASW)

    Source: European Parliament

    Decisions on the role of the European Stability Mechanism (ESM) is of exclusive competence of the signatories of the ESM Treaty. The ESM is an intergovernmental organisation established by euro area Member States with the objective of enabling these countries to avoid and overcome financial crisis and to maintain long-term financial stability and prosperity.

    Article 126 of the Treaty on the Functioning of the European Union establishes that Member States shall avoid excessive government deficits, and that the Commission monitors the developments of the fiscal situation and, in particular, compliance with the criteria established in the Treaty itself.

    Romania has been subject to an excessive deficit procedure since 2020[1]. On 3 April 2020, the Council, acting upon a recommendation by the Commission, recommended that Romania correct its excessive deficit by 2022 at the latest.

    Considering the crisis caused by the COVID-19 pandemic, on 18 June 2021, the deadline for correction was extended to 2024. On 26 July 2024, based on a Commission recommendation, the Council established that no effective action had been taken by Romania to correct its excessive deficit.

    On 14 January 2025, acting upon a recommendation by the Commission, the Council recommended that Romania should correct its excessive deficit situation by 2030.

    The Council also recommended to other seven Member States to correct their excessive deficit (Belgium, France, Hungary, Italy, Malta, Poland and Slovakia)[2].

    The Commission will assess the action taken by Romania and the other seven Member States in response to the recommendations in spring 2025.

    • [1] All documents related to the Excessive Deficit Procedure for Romania can be found at: https://economy-finance.ec.europa.eu/economic-and-fiscal-governance/stability-and-growth-pact/corrective-arm-excessive-deficit-procedure/excessive-deficit-procedures-overview/romania_en
    • [2] https://economy-finance.ec.europa.eu/economic-and-fiscal-governance/stability-and-growth-pact/corrective-arm-excessive-deficit-procedure/excessive-deficit-procedures-overview_en

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  • MIL-OSI Europe: Written question – Implementation of safe and secure parking areas – E-001308/2025

    Source: European Parliament

    Question for written answer  E-001308/2025
    to the Commission
    Rule 144
    Tomas Tobé (PPE)

    In 2022, the Transported Asset Protection Association estimated that 26 000 cases of attacks against trucks occur every year in Germany alone. This equates to one attack every 20 minutes. Not only does this cost businesses more than EUR 2 billion annually, but it also creates an unsafe work environment for truck drivers across Europe.[1] Moreover, there is no indication that the situation has improved since 2022 – quite the opposite.

    The Trans-European Transport Network Regulation demands safe and secure parking areas for trucks every 150 km along the network, with an implementation deadline of 2040.[2] In the confirmation hearing, Commissioner Tzitzikostas stated that these parking areas would be delivered even earlier than the 2040 deadline.

    In the light of this:

    • 1.How does the Commission plan to ensure sufficient safe and secure parking areas before the 2040 deadline?
    • 2.What advantages does the Commission see in public-private partnerships to speed up the implementation of these parking areas?
    • 3.Since taking office, what measures has the Commission taken to increase the number of safe and secure parking areas?

    Submitted: 28.3.2025

    • [1] https://tapaemea.org/intelligence/germany-spotlight/.
    • [2] Article 31(4) of Regulation (EU) 2024/1679 of the European Parliament and of the Council of 13 Jun 2024 on Union guidelines for the development of the trans-European transport network, amending Regulations (EU) 2021/1153 and (EU) No 913/2010 and repealing Regulation (EU) No 1315/2013, OJ L, 2024/1679, 28.6.2024, ELI: http://data.europa.eu/eli/reg/2024/1679/oj.
    Last updated: 1 April 2025

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  • MIL-OSI Europe: Written question – Non-recognition of academic qualifications awarded to students of the Italian subsidiary (Enna) of Romania’s ‘Dunărea de Jos’ University of Galaţi – E-001153/2025

    Source: European Parliament

    Question for written answer  E-001153/2025
    to the Commission
    Rule 144
    Giuseppe Lupo (S&D)

    The Italian Ministry for Universities and Research (MUR) has sent a letter to the ‘Dunărea de Jos’ University of Galaţi in Romania, stating that the qualifications awarded by this university through the subsidiary of the Faculty of Medicine and Pharmacy in Enna, Italy, cannot be recognised by the Italian education system because they are not accredited. This is because, according to the MUR, Italy has made the recognition of academic qualifications issued by foreign universities operating within its territory subject to specific accreditation procedures.

    Considering that this subsidiary is an entity without a legal personality, operating on the basis of an accreditation issued by the Romanian Agency for Quality Assurance in Higher Education, which ensures that the study programmes offered by Romanian universities comply with European standards, can the Commission answer the following:

    • 1.Can it clarify whether, even without accreditation, academic qualifications awarded to students through the subsidiary of the Medical Faculty in Enna and obtained in accordance with the educational standards laid down in Directive 2005/36/EC, must be automatically recognised everywhere in Europe, including Italy?
    • 2.Can it clarify whether the refusal to recognise these academic qualifications is contrary to Article III of the Lisbon Recognition Convention, which requires Member States to take all necessary measures to facilitate the mutual recognition of academic qualifications?

    Submitted: 19.3.2025

    Last updated: 1 April 2025

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