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Category: Finance

  • MIL-OSI Banking: African Development Bank and Mozambique collaborate to maximize country portfolio performance and economic transformation

    Source: African Development Bank Group

    The African Development Bank and the Government of Mozambique have completed a joint 2025 Country Portfolio Performance Review (CPPR) – setting the stage for maximum impact of the Bank’s $1.3 billion active portfolio in the country.

    It reinforces the Bank and Mozambique’s commitment to delivering measurable development outcomes that advance Mozambique’s economic transformation and improve citizen welfare across the country.

    Mozambique’s Minister of Finance, Carla Alexandra Loveira, emphasized the importance of such collaborative reviews.

    She explained: “The CPPR provides an invaluable opportunity for us to collectively scrutinize our progress, learn from past experiences, and refine our strategies. Our shared goal is to overcome implementation challenges to ensure timely and effective project execution…This meeting should serve as a turning point, an opportunity to unlock the full potential of development finance entrusted to us for Mozambique’s economic and social advancement”.

    The two-day workshop, held from 18-19 June, brought together key stakeholders from government ministries and from Project Implementation Units to assess progress and unlock greater effectiveness across Bank-funded operations.

    Participants addressed critical performance drivers, including operational quality, capacity enhancement for project execution, streamlined Bank supervision protocols, and optimized donor coordination mechanisms.

    “This joint review underscores our unwavering commitment to ensuring that Bank-funded projects in Mozambique deliver maximum impact and contribute effectively to the country’s development agenda,” said African Development Bank’s Country Manager for Mozambique, Macmillan Anyanwu. “These discussions and collaborative spirit demonstrated during this Country Portfolio Performance Review are crucial for addressing implementation bottlenecks and accelerating the delivery of results on the ground.”

    The outcome of the 2025 Country Portfolio Performance Review will culminate in an updated Country Portfolio Improvement Plan, featuring concrete actions and recommendations to address identified shortcomings. This strategic plan will be presented to senior government officials, including the Minister of Finance and sector ministers, for endorsement in June 2025.

    The Bank’s active portfolio in Mozambique comprises 42 operations across 32 projects, totalling $1.3 billion as of April 2025. The portfolio is concentrated in the energy sector (51%), followed by transport (28%), agriculture (16%), water and sanitation (2%), economic governance (2%), and social (1%).

    MIL OSI Global Banks –

    June 28, 2025
  • MIL-OSI Security: Boston Man Sentenced to More Than Five Years in Prison for Fentanyl Distribution

    Source: US FBI

    BOSTON – A Boston man was sentenced today in federal court in Boston for a drug distribution offense involving fentanyl. The defendant is currently awaiting trial on murder charges in Massachusetts state court.

    Csean Skerritt, a/k/a “Shizz Grimmy,” a/k/a “Black,” 36, was sentenced by U.S. District Court Judge Nathaniel M. Gorton to 68 months federal prison, to be followed by four years of supervised release. In March 2025, Skerritt pleaded guilty to one count of distribution of 40 grams or more of fentanyl. In March 2025, Skerritt was indicted by a federal grand jury.

    As part of a drug trafficking investigation, on Feb. 1, 2023, Skerritt agreed to sell 50 grams of fentanyl to an individual in exchange for $1,500. Following a series of communications, Skerritt met the individual at a pre-arranged location. There, Skerritt entered the individual’s car and provided approximately 52.3 grams of fentanyl in exchange for the agreed-upon amount.

    On March 9, 2023, Skerritt was indicted for murder in the Massachusetts Superior Court and is awaiting trial.

    United States Attorney Leah B. Foley; Ted E. Docks, Special Agent in Charge of the Federal Bureau of Investigation, Boston Division; Boston Police Commissioner Michael Cox; and Suffolk County District Attorney Kevin Hayden made the announcement today. Assistant U.S. Attorney John T. Dawley of the Organized Crime & Gang Unit prosecuted the case.

    This case is part of an Organized Crime Drug Enforcement Task Forces (OCDETF) operation. OCDETF identifies, disrupts, and dismantles the highest-level criminal organizations that threaten the United States using a prosecutor-led, intelligence-driven, multi-agency approach. Additional information about the OCDETF Program can be found at https://www.justice.gov/OCDETF.
     

    MIL Security OSI –

    June 28, 2025
  • MIL-OSI Security: Boston Man Sentenced to More Than Five Years in Prison for Fentanyl Distribution

    Source: US FBI

    BOSTON – A Boston man was sentenced today in federal court in Boston for a drug distribution offense involving fentanyl. The defendant is currently awaiting trial on murder charges in Massachusetts state court.

    Csean Skerritt, a/k/a “Shizz Grimmy,” a/k/a “Black,” 36, was sentenced by U.S. District Court Judge Nathaniel M. Gorton to 68 months federal prison, to be followed by four years of supervised release. In March 2025, Skerritt pleaded guilty to one count of distribution of 40 grams or more of fentanyl. In March 2025, Skerritt was indicted by a federal grand jury.

    As part of a drug trafficking investigation, on Feb. 1, 2023, Skerritt agreed to sell 50 grams of fentanyl to an individual in exchange for $1,500. Following a series of communications, Skerritt met the individual at a pre-arranged location. There, Skerritt entered the individual’s car and provided approximately 52.3 grams of fentanyl in exchange for the agreed-upon amount.

    On March 9, 2023, Skerritt was indicted for murder in the Massachusetts Superior Court and is awaiting trial.

    United States Attorney Leah B. Foley; Ted E. Docks, Special Agent in Charge of the Federal Bureau of Investigation, Boston Division; Boston Police Commissioner Michael Cox; and Suffolk County District Attorney Kevin Hayden made the announcement today. Assistant U.S. Attorney John T. Dawley of the Organized Crime & Gang Unit prosecuted the case.

    This case is part of an Organized Crime Drug Enforcement Task Forces (OCDETF) operation. OCDETF identifies, disrupts, and dismantles the highest-level criminal organizations that threaten the United States using a prosecutor-led, intelligence-driven, multi-agency approach. Additional information about the OCDETF Program can be found at https://www.justice.gov/OCDETF.
     

    MIL Security OSI –

    June 28, 2025
  • MIL-OSI Security: Armed Robber Caught by Joint Law Enforcement Effort After Escaping Custody

    Source: US FBI

    DETROIT — Markiese King, 31, of Detroit, Michigan was charged this week, with a six-count indictment alleging three counts of Interference with Commerce by Robbery, two counts of Use and Carry of a Firearm in Relation to a Crime of Violence, and one count of Prisoner Escape, United States Attorney Jerome F. Gorgon Jr. announced today.

    According to the indictment, King is alleged to have robbed a Dollar General store in the city of Detroit on May 20, 2025.  After entering the store, King allegedly brandished a firearm and demanded money from the store’s employees.

    The indictment also alleges that on May 23, 2025, King robbed an Advance Auto Parts in the city of Warren, Michigan. King threatened the store’s employees and demanded money.

    Between the second and third robberies, King allegedly left the Cherry Health Residential Reentry Center, where he was in custody for a prior conviction, without permission. After escaping, on May 28, 2025, King allegedly robbed an AutoZone in Highland Park, Michigan again brandishing a pistol at employees.

    The Detroit Police Department, Warren Police Department, Highland Park Police Department, and the Federal Bureau of Investigation’s Macomb County Gang and Violent Crime Task Force, and Detroit Violent Crime Task Force, as well as the U.S. Marshal’s Service worked together to identify and locate King leading to his swift arrest on May 30, 2025. King has been in custody since that arrest.

    An indictment is only a formal charging document and is not evidence of guilt.  A defendant is entitled to a fair trial in which it will be the government’s burden to prove guilt beyond a reasonable doubt.

    This case is being prosecuted by Assistant United States Attorney Micah Wallace. 
     

    MIL Security OSI –

    June 28, 2025
  • MIL-OSI Security: Conehatta Man Pleads Guilty to Sexual Abuse of a Minor

    Source: US FBI

    Jackson, MS – On June 17, 2025, a Newton County man pleaded guilty to sexually abusing a minor under the age of sixteen.

    According to court documents, in February of 2024, Javeon Deshaun Jefferson, 25, engaged in the sexual abuse of a minor in the Conehatta Community of the Choctaw Indian Reservation.

    Acting U.S. Attorney Patrick A. Lemon of the Southern District of Mississippi, made the announcement.  The Choctaw Police Department and the Federal Bureau of Investigation investigated the case.

    Jefferson is scheduled to be sentenced on October 28, 2025, and faces a maximum penalty of fifteen years in prison. A federal district judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Assistant U.S. Attorneys Kevin J. Payne and Brian K. Burns prosecuted the case.

    MIL Security OSI –

    June 28, 2025
  • MIL-OSI Security: Conehatta Man Pleads Guilty to Sexual Abuse of a Minor

    Source: US FBI

    Jackson, MS – On June 17, 2025, a Newton County man pleaded guilty to sexually abusing a minor under the age of sixteen.

    According to court documents, in February of 2024, Javeon Deshaun Jefferson, 25, engaged in the sexual abuse of a minor in the Conehatta Community of the Choctaw Indian Reservation.

    Acting U.S. Attorney Patrick A. Lemon of the Southern District of Mississippi, made the announcement.  The Choctaw Police Department and the Federal Bureau of Investigation investigated the case.

    Jefferson is scheduled to be sentenced on October 28, 2025, and faces a maximum penalty of fifteen years in prison. A federal district judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Assistant U.S. Attorneys Kevin J. Payne and Brian K. Burns prosecuted the case.

    MIL Security OSI –

    June 28, 2025
  • MIL-OSI Security: Corinth Man Sentenced in Armed Carjacking Case

    Source: US FBI

    Aberdeen, MS – A Corinth man was sentenced today to 12 years in prison for armed carjacking.

    According to court documents, Talinn Loveless, 24, previously pled guilty to taking a motor vehicle from the presence of another through force, violence, and intimidation, as well as brandishing a firearm during and in relation to a crime of violence. Brandishing a firearm during a crime of violence carries a mandatory seven years imprisonment consecutive to any sentence imposed for any other count of conviction.

    Senior U.S. District Judge Glen H. Davidson sentenced Loveless to a total term of imprisonment of 144 months, which included 60 months for carjacking and an additional 84 months for brandishing a firearm during the commission of the offense. Upon release from prison, Loveless will be on supervision for a period of three years. Loveless was also ordered to pay $5,000.00 in restitution to the victim. He was remanded to the custody of the U.S. Marshal following sentencing.

    “Violent criminals belong in jail, and the sentence imposed today by Judge Davidson has ensured accountability for the actions of this defendant,” said U.S. Attorney Clay Joyner.  “The Corinth Police Department and the FBI conducted an outstanding investigation that ensured serious consequences for the inherently dangerous crime of armed carjacking.”

    “The Corinth Police Department would like to thank the FBI and the U.S. Attorney’s Office for their hard work and assistance in this matter,” said Corinth Police Chief Landon Tucker. “This defendant was rightfully brought to justice. We will continue to prioritize the safety of our community and ensure that those who threaten public safety are held responsible.”

    “Depriving innocent victims of their hard-earned property will not be tolerated,” Special Agent in Charge of the FBI Jackson Field Office Robert Eikhoff. “Mr. Loveless’ conviction and sentencing sends a clear message that the FBI and our law enforcement partners will continue to work together to pursue violent offenders relentlessly and work tirelessly to restore safety and justice to our neighborhoods.”

    This case was investigated by the Federal Bureau of Investigation, the Corinth Police Department, and the Mississippi Highway Patrol.

    Assistant U.S. Attorney Robert J. Mims prosecuted the case.

    MIL Security OSI –

    June 28, 2025
  • MIL-OSI United Nations: Central African Republic at ‘Delicate Juncture’ ahead of Election Cycle, Peacekeeping Chief Tells Security Council, Urging International Support to Strengthen Democracy

    Source: United Nations General Assembly and Security Council

    As it prepares to hold elections, the Central African Republic stands at a delicate juncture, and international support is key to consolidate its unique opportunity to strengthen democracy and national reconciliation, the Security Council heard today from the top UN peacekeeping official, as well as the country’s representative.

    “This year is of particular significance for the Central African Republic as the country is preparing to organize local, presidential and legislative elections,” Jean-Pierre Lacroix, Under-Secretary-General for Peace Operations said.  He highlighted the efforts of the United Nations Multidimensional Integrated Stabilization Mission in the Central African Republic (MINUSCA) to assist the Government’s electoral preparations.

    Elections are a key component of the 2019 Political Agreement for Peace and Reconciliation, he pointed out.  However — and despite significant political will — local elections were postponed on several occasions due to financial, technical and logistical challenges.  “The electoral process is at a turning point and there’s a critical need to safeguard and preserve the progress that has been achieved.”  The international community must mobilize resources to prevent any backsliding. 

    Mistrust, Tensions Remain Despite Efforts to Implement 19 April Peace Agreement

    “The political situation remains punctuated by mistrust and tensions” between the majority in power and the opposition, he said, while noting efforts to implement the peace agreement reached on 19 April between the Government, and the Unité pour la paix en Centrafrique, or UPC and Retour, Réclamation, Réhabilitation, or 3R. Despite progress in expanding the authority of the State, violence by armed groups and militias continues to compromise stability.  The Government is collaborating with MINUSCA to improve border security, he said, noting the spillover of the Sudanese conflict in the north-east.  He also noted an attack on 28 March near Tabane, Haut-Mbomou Prefecture, which took the life of a Kenyan military observer.

    On the humanitarian front, “urgent needs continue to outpace available resources”, he said, noting the suspension of critical services of some of the most vulnerable populations.  Also noting persistent conflict-related sexual violence and violations of children’s rights, he said the Government, supported by the Mission, is making efforts to advance transitional justice mechanisms. Further, the Special Criminal Court is playing a significant role in the fight against impunity and transitional justice, and requires financial and human resources to sustain its activities.

    Calling on the Council to help consolidate the gains made by the country, he said:  “If these efforts are sustained in the spirit of partnership and shared responsibility, the Central African Republic has the potential to become a true success story, not only for Central Africans, but also for peacekeeping and for this Security Council.”

    He also recalled the tragic fire that occurred on Wednesday at Barthelemy Boganda High School in Bangui and expressed condolences to all the affected families.  Further, six days ago a MINUSCA patrol was attacked during an operation in response to signaling of attacks by armed Sudanese elements, resulting in the tragic loss of a Zambian blue helmet, he said, condemning that attack.

    Delegates Urge Investigation into Deadly Attack on MINUSCA Patrol

    In the ensuing discussion, speakers expressed their condolences for both events, and several called for an investigation into the attack on the MINUSCA patrol.

    Central African Republic’s Representative Points to National Reconciliation Efforts, ‘Promise of Rebirth’

    The representative of the Central African Republic called for a moment of silence in honor of the victims of these incidents.  “Recent progress reflects steadfast political will to end the cycle of violence” in his country, he said.  The inclusive political dialogue supported by the President and the 19 April ceasefire agreement providing for the dissolution of certain armed groups are examples of this.  Also detailing Government efforts to re-establish authority throughout the country, he said that the “triptych” of State authority, security and justice “represents our vision for national reconstruction”.  Further, he said, the lifting of the arms embargo in July 2024 was a “turning point”, which allowed national forces to be equipped through a legal, transparent framework.

    “However, force alone is not enough,” he observed, detailing additional Government efforts to establish peace, hold elections, uphold the rule of law and assist victims of sexual violence.  Nevertheless, the Sudanese conflict is a “genuine” threat, he said, reporting that a joint force established by his country and Chad in March aims to address its spillover.  “This mechanism,” he stated, “is part of a new generation of bilateral African cooperation in the service of collective security.”  For its part, he called on the Council to provide political, institutional, security and financial support.  He added that his country is not an “emergency situation”; rather, “it is a promise of rebirth”.

    Council members welcomed these positive developments, with the representative of Guyana, Council President for June, speaking in her national capacity and also for Somalia, Algeria and Sierra Leone, hailing the ongoing implementation of the 2019 Political Agreement for Peace and Reconciliation, the integration of 9 of 14 armed groups and the continued expansion of State authority across the country.  Also underscoring “the importance of the upcoming local and national elections as a milestone for democratic consolidation”, she said the international community must help address the significant funding gap affecting the electoral process.

    Unpaid Assessed Contributions for MINUSCA Raises Concern

    However, she also expressed concern about the ineffective implementation of the arms embargo and the persistent insecurity in various regions.  This is “exacerbated by armed groups competing over natural resources and trade routes”, she said, calling on non-signatory armed groups to join the peace process.  Noting the spillover effects from the Sudan conflict, she condemned the incursions by the Rapid Support Forces into Central African Republic territory and their reported collaboration with local armed groups. MINUSCA’s resource constraints, including unpaid assessed contributions, stand at over $400 million, she said, stressing that adequate and timely financing is essential for the Mission to deliver on its mandate, especially during this critical electoral period.

    Agreeing, the speaker for Slovenia, welcoming MINUSCA’s “proactive peacekeeping posture”, said it should be equipped with adequate support to ensure the safety of civilians and its own personnel.  The representative of Pakistan said that his country is proud to have 1,400 troops serving in MINUSCA.  “We will soon deploy a level-two field hospital in the Mission, which will provide medical facilities to uniformed personnel, civilian staff, Government officials and the local population,” he added.  However, pointing out that MINUSCA’s operational capacity is “crippled” by unpaid contributions, he urged Member States to pay in full and on time.

    Panama’s delegate added:  “Experience has taught us that withdrawing from a peace mission too soon may end up being more costly than sustaining it.”  Welcoming the Government’s efforts towards security sector reform, he urged finalization of the “military programming law”, which will “allow for clearer articulation of the needs of the defence sector”.

    Focus on Fighting Arms Trafficking and Combatants

    “The Central African Republic is on the path of returning to peace and security,” said France’s representative, as he asked the Council to continue assisting the Government in its fight against arms trafficking and combatants.  He pledged that his country would work together with all Council members and the Central African Republic on the renewal of the coercive measures against the armed groups outlined in resolution 2745 (2024).

    The representative of the United States said his delegation looks forward to engaging with Member States on renewing that sanctions regime.  He also expressed concern that Government regulations on fuel imports restrict MINUSCA’s operations, emphasizing that forcing the Mission to rely solely on Government-designated importers results in inflated fuel prices.  “This must stop,” he declared, urging the Government to uphold the status-of-forces agreement.

    International Support Must Respect Central African Republic’s Sovereignty

    “There is no room here for the obsolete, discredited colonialist practices, nor for their contemporary manifestations thereof,” warned the representative of the Russian Federation.  She voiced confidence in Bangui’s ability to translate security gains into socioeconomic progress, emphasizing that normalization — supported by the UN and international financial institutions — can become “irreversible” if grounded in respect for sovereignty and non-interference. The Government now controls nearly the entire national territory and the capabilities of the national armed forces are growing.  Armed groups must seize this opportunity to engage constructively with the authorities.  “The abandonment of armed struggle is the only path,” she said, warning:  “The alternative to this is well known — that is a one-way ticket.”

    Elections Must Be Timely, Orderly, Inclusive

    “The Central African Republic stands at a pivotal point in its transition from post-conflict recovery to sustainable development,” said the representative of the Republic of Korea, urging the Government to uphold its commitment to ensure timely, orderly and inclusive local, legislative and presidential elections, a call taken up by several speakers today.

    The representative of Denmark commended the work of the Government, National Elections Authority, MINUSCA and the United Nations Development Programme (UNDP) in advancing preparations for elections.  She added:  “It is essential that all groups in society — especially women, young voters and internally displaced persons — can participate fully and freely.”  The representative of the United Kingdom, called on the Government — with MINUSCA’s support — to ensure a safe environment during all stages of the electoral cycle.  Greece’s delegate pointed out that “an expanding political and civic space is the most trustworthy pathway towards a demonstrated commitment by all stakeholders for further implementation of the Political Agreement for Peace and Reconciliation.”

    While the Central African Republic is entering a critical phase of economic recovery, China’s delegate said, it continues to face significant challenges, including a widening fiscal deficit, high inflation and power shortages.  The international community should prioritize helping countries, like this, achieve sustainable development by providing support in key areas, such as infrastructure, education and employment — aligned with the priorities outlined in the country’s National Development Action Plan.  “This,” he emphasized, “will in turn help consolidate the foundation for peace”.  At the recent Forum on China-Africa Cooperation, Beijing announced zero tariffs on 100 per cent of products from 53 African countries with diplomatic ties to China, he added.

    MIL OSI United Nations News –

    June 28, 2025
  • MIL-OSI United Nations: Central African Republic at ‘Delicate Juncture’ ahead of Election Cycle, Peacekeeping Chief Tells Security Council, Urging International Support to Strengthen Democracy

    Source: United Nations General Assembly and Security Council

    As it prepares to hold elections, the Central African Republic stands at a delicate juncture, and international support is key to consolidate its unique opportunity to strengthen democracy and national reconciliation, the Security Council heard today from the top UN peacekeeping official, as well as the country’s representative.

    “This year is of particular significance for the Central African Republic as the country is preparing to organize local, presidential and legislative elections,” Jean-Pierre Lacroix, Under-Secretary-General for Peace Operations said.  He highlighted the efforts of the United Nations Multidimensional Integrated Stabilization Mission in the Central African Republic (MINUSCA) to assist the Government’s electoral preparations.

    Elections are a key component of the 2019 Political Agreement for Peace and Reconciliation, he pointed out.  However — and despite significant political will — local elections were postponed on several occasions due to financial, technical and logistical challenges.  “The electoral process is at a turning point and there’s a critical need to safeguard and preserve the progress that has been achieved.”  The international community must mobilize resources to prevent any backsliding. 

    Mistrust, Tensions Remain Despite Efforts to Implement 19 April Peace Agreement

    “The political situation remains punctuated by mistrust and tensions” between the majority in power and the opposition, he said, while noting efforts to implement the peace agreement reached on 19 April between the Government, and the Unité pour la paix en Centrafrique, or UPC and Retour, Réclamation, Réhabilitation, or 3R. Despite progress in expanding the authority of the State, violence by armed groups and militias continues to compromise stability.  The Government is collaborating with MINUSCA to improve border security, he said, noting the spillover of the Sudanese conflict in the north-east.  He also noted an attack on 28 March near Tabane, Haut-Mbomou Prefecture, which took the life of a Kenyan military observer.

    On the humanitarian front, “urgent needs continue to outpace available resources”, he said, noting the suspension of critical services of some of the most vulnerable populations.  Also noting persistent conflict-related sexual violence and violations of children’s rights, he said the Government, supported by the Mission, is making efforts to advance transitional justice mechanisms. Further, the Special Criminal Court is playing a significant role in the fight against impunity and transitional justice, and requires financial and human resources to sustain its activities.

    Calling on the Council to help consolidate the gains made by the country, he said:  “If these efforts are sustained in the spirit of partnership and shared responsibility, the Central African Republic has the potential to become a true success story, not only for Central Africans, but also for peacekeeping and for this Security Council.”

    He also recalled the tragic fire that occurred on Wednesday at Barthelemy Boganda High School in Bangui and expressed condolences to all the affected families.  Further, six days ago a MINUSCA patrol was attacked during an operation in response to signaling of attacks by armed Sudanese elements, resulting in the tragic loss of a Zambian blue helmet, he said, condemning that attack.

    Delegates Urge Investigation into Deadly Attack on MINUSCA Patrol

    In the ensuing discussion, speakers expressed their condolences for both events, and several called for an investigation into the attack on the MINUSCA patrol.

    Central African Republic’s Representative Points to National Reconciliation Efforts, ‘Promise of Rebirth’

    The representative of the Central African Republic called for a moment of silence in honor of the victims of these incidents.  “Recent progress reflects steadfast political will to end the cycle of violence” in his country, he said.  The inclusive political dialogue supported by the President and the 19 April ceasefire agreement providing for the dissolution of certain armed groups are examples of this.  Also detailing Government efforts to re-establish authority throughout the country, he said that the “triptych” of State authority, security and justice “represents our vision for national reconstruction”.  Further, he said, the lifting of the arms embargo in July 2024 was a “turning point”, which allowed national forces to be equipped through a legal, transparent framework.

    “However, force alone is not enough,” he observed, detailing additional Government efforts to establish peace, hold elections, uphold the rule of law and assist victims of sexual violence.  Nevertheless, the Sudanese conflict is a “genuine” threat, he said, reporting that a joint force established by his country and Chad in March aims to address its spillover.  “This mechanism,” he stated, “is part of a new generation of bilateral African cooperation in the service of collective security.”  For its part, he called on the Council to provide political, institutional, security and financial support.  He added that his country is not an “emergency situation”; rather, “it is a promise of rebirth”.

    Council members welcomed these positive developments, with the representative of Guyana, Council President for June, speaking in her national capacity and also for Somalia, Algeria and Sierra Leone, hailing the ongoing implementation of the 2019 Political Agreement for Peace and Reconciliation, the integration of 9 of 14 armed groups and the continued expansion of State authority across the country.  Also underscoring “the importance of the upcoming local and national elections as a milestone for democratic consolidation”, she said the international community must help address the significant funding gap affecting the electoral process.

    Unpaid Assessed Contributions for MINUSCA Raises Concern

    However, she also expressed concern about the ineffective implementation of the arms embargo and the persistent insecurity in various regions.  This is “exacerbated by armed groups competing over natural resources and trade routes”, she said, calling on non-signatory armed groups to join the peace process.  Noting the spillover effects from the Sudan conflict, she condemned the incursions by the Rapid Support Forces into Central African Republic territory and their reported collaboration with local armed groups. MINUSCA’s resource constraints, including unpaid assessed contributions, stand at over $400 million, she said, stressing that adequate and timely financing is essential for the Mission to deliver on its mandate, especially during this critical electoral period.

    Agreeing, the speaker for Slovenia, welcoming MINUSCA’s “proactive peacekeeping posture”, said it should be equipped with adequate support to ensure the safety of civilians and its own personnel.  The representative of Pakistan said that his country is proud to have 1,400 troops serving in MINUSCA.  “We will soon deploy a level-two field hospital in the Mission, which will provide medical facilities to uniformed personnel, civilian staff, Government officials and the local population,” he added.  However, pointing out that MINUSCA’s operational capacity is “crippled” by unpaid contributions, he urged Member States to pay in full and on time.

    Panama’s delegate added:  “Experience has taught us that withdrawing from a peace mission too soon may end up being more costly than sustaining it.”  Welcoming the Government’s efforts towards security sector reform, he urged finalization of the “military programming law”, which will “allow for clearer articulation of the needs of the defence sector”.

    Focus on Fighting Arms Trafficking and Combatants

    “The Central African Republic is on the path of returning to peace and security,” said France’s representative, as he asked the Council to continue assisting the Government in its fight against arms trafficking and combatants.  He pledged that his country would work together with all Council members and the Central African Republic on the renewal of the coercive measures against the armed groups outlined in resolution 2745 (2024).

    The representative of the United States said his delegation looks forward to engaging with Member States on renewing that sanctions regime.  He also expressed concern that Government regulations on fuel imports restrict MINUSCA’s operations, emphasizing that forcing the Mission to rely solely on Government-designated importers results in inflated fuel prices.  “This must stop,” he declared, urging the Government to uphold the status-of-forces agreement.

    International Support Must Respect Central African Republic’s Sovereignty

    “There is no room here for the obsolete, discredited colonialist practices, nor for their contemporary manifestations thereof,” warned the representative of the Russian Federation.  She voiced confidence in Bangui’s ability to translate security gains into socioeconomic progress, emphasizing that normalization — supported by the UN and international financial institutions — can become “irreversible” if grounded in respect for sovereignty and non-interference. The Government now controls nearly the entire national territory and the capabilities of the national armed forces are growing.  Armed groups must seize this opportunity to engage constructively with the authorities.  “The abandonment of armed struggle is the only path,” she said, warning:  “The alternative to this is well known — that is a one-way ticket.”

    Elections Must Be Timely, Orderly, Inclusive

    “The Central African Republic stands at a pivotal point in its transition from post-conflict recovery to sustainable development,” said the representative of the Republic of Korea, urging the Government to uphold its commitment to ensure timely, orderly and inclusive local, legislative and presidential elections, a call taken up by several speakers today.

    The representative of Denmark commended the work of the Government, National Elections Authority, MINUSCA and the United Nations Development Programme (UNDP) in advancing preparations for elections.  She added:  “It is essential that all groups in society — especially women, young voters and internally displaced persons — can participate fully and freely.”  The representative of the United Kingdom, called on the Government — with MINUSCA’s support — to ensure a safe environment during all stages of the electoral cycle.  Greece’s delegate pointed out that “an expanding political and civic space is the most trustworthy pathway towards a demonstrated commitment by all stakeholders for further implementation of the Political Agreement for Peace and Reconciliation.”

    While the Central African Republic is entering a critical phase of economic recovery, China’s delegate said, it continues to face significant challenges, including a widening fiscal deficit, high inflation and power shortages.  The international community should prioritize helping countries, like this, achieve sustainable development by providing support in key areas, such as infrastructure, education and employment — aligned with the priorities outlined in the country’s National Development Action Plan.  “This,” he emphasized, “will in turn help consolidate the foundation for peace”.  At the recent Forum on China-Africa Cooperation, Beijing announced zero tariffs on 100 per cent of products from 53 African countries with diplomatic ties to China, he added.

    MIL OSI United Nations News –

    June 28, 2025
  • MIL-OSI United Nations: ‘Responsibility to Protect More Than a Principle — It Is a Moral Imperative’, Secretary General Tells General Assembly

    Source: United Nations MIL OSI

    As the General Assembly marked the twentieth anniversary of the responsibility to protect, the UN Chief emphasized that the principle remains a moral imperative amid growing global turmoil, escalating identity-based violence, widespread breaches of international law and deepening impunity.

    Opening the session, Philémon Yang (Cameroon), President of the General Assembly, recalled that, 20 years ago, at the 2005 World Summit, world leaders affirmed the responsibility of individual States to protect their populations from genocide, war crimes, ethnic cleansing and crimes against humanity.  Born from the horrors of Rwanda and the former Yugoslavia, that commitment represented a pledge that “never again would the international community stand silent as innocent lives were destroyed by the gravest crimes”.

    Nevertheless, today, two decades later, “we must ask ourselves how we have allowed ourselves to fall short”, he said.  From Gaza to Ukraine, from Sudan to Myanmar, there is blatant disregard for human rights, early warnings are ignored and the Security Council is failing to act.

    Also acknowledging commendable gains, he noted the establishment of international mechanisms for atrocity prevention.  Prevention and protection strategies have been implemented across peacekeeping operations.  “We must find ways to deliver on the promise of ‘never again’,” he stressed.

    Picking up that thread, UN Secretary-General António Guterres emphasized that the world is witnessing the highest number of armed conflicts since the end of the Second World War.  Further, conflicts are becoming more protracted, complex and interconnected, while emerging threats such as the weaponization of new technologies and the proliferation of advanced weaponry require a constant adaptation to prevent the commission of atrocity crimes and to protect populations.

    However, he continued, too often, early warnings go unheeded, and alleged evidence of crimes committed by States and non-State actors is met with denial, indifference, or repression.  “Responses are often too little, too late, inconsistent or undermined by double standards,” he said, adding that “civilians are paying the highest price”.

    “We must recognize that the responsibility to protect is more than a principle — it is a moral imperative, rooted in our shared humanity and the UN Charter,” he emphasized, spotlighting the seventeenth report of the Secretary-General on the responsibility to protect.

    The report highlights efforts achieved through national prevention mechanisms or under regional leadership, demonstrating that early diplomacy, early warning and institutional innovation can be effective in preventing and responding to atrocity crimes.  It also underscores the need to mainstream atrocity prevention across the United Nations system — from humanitarian action to peacekeeping to human rights.  Additionally, it calls for integrating early warning, supporting national prevention mechanisms and embedding atrocity prevention in the broader agendas of sustaining peace, human rights and the 2030 Agenda for Sustainable Development.

    “No society is immune from the risk of atrocity crimes,” he asserted, emphasizing that “prevention must begin at home — with leadership that protects rights, embraces diversity and upholds the rule of law”. And it must be supported globally through multilateral cooperation, principled diplomacy, and early and decisive action to effectively protect populations.  Two decades on, the responsibility to protect remains both an urgent necessity and an unfulfilled promise.  “Let us keep the promise, deepen our commitment, strengthen our cooperation and ensure that atrocity-prevention and protecting populations becomes a permanent and universal practice,” he stated.

    In the ensuing debate, numerous Member States emphasized that — amid growing violence against civilians and worsening humanitarian crises — the responsibility to protect must remain central to efforts aimed at promoting peace and security.

    Speaking on behalf of the Group of Friends on the Responsibility to Protect, the representative of Morocco expressed concern that, despite unanimous support for ending atrocity crimes, serious violations of international humanitarian law and human rights law persist.  “This growing gap between rhetoric and action is especially concerning given the international community’s improved understanding of risk factors and increased capacity to respond,” he pointed out.  He also acknowledged the key role of the Global Centre for the Responsibility to Protect in advancing this principle.

    Expressing concern about the increased use of the veto in the Council, the representative of the European Union, speaking in its capacity as observer, said all Member States — especially those holding veto power — must support both the Code of Conduct regarding Security Council action against genocide, crimes against humanity or war crimes, as well as the French-Mexican initiative on refraining from the use of veto in the case of mass atrocities.

    “While some advances in military technology can bring increased precision and a reduction of civilian harm,” she said, the recent evolution of warfare, including the use of artificial intelligence (AI), may lead to diluted human control and increased brutality in conflict.  Further, “when prevention fails, we need to make every effort to ensure that the perpetrators of atrocity crimes are held accountable,” she said, reaffirming support for the International Criminal Court.

    Relatedly, Denmark’s delegate, also speaking for Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden, urged the Council “to renew and strengthen its focus on prevention” and acknowledged the efforts of the UN Office on Genocide Prevention and the Responsibility to Protect, as well as civil society experts.  Stressing the importance of the fight against sexual and gender-based violence, she added:  “Independent and impartial international courts and tribunals, in particular the International Court of Justice and International Criminal Court, are central to accountability for the most serious crimes.”

    Slovenia’s delegate stressed that the veto power in the Council should not be used in situations where there is a clear threat of mass atrocity crimes, as it hinders effective decision–making and prevents action that would help to protect populations in a timely and effective manner. Her country was among the first to appoint a national Responsibility to Protect Focal Point, she said, highlighting the Ljubljana-Hague Convention on International Cooperation in the Investigation and Prosecution of Genocide, Crimes against Humanity, War Crimes and Other International Crimes.  “This is the first major international treaty in the field of international criminal law since the Rome Statute that enables States to cooperate effectively internationally in the investigation and prosecution of international crimes by filling legal gaps in the fields of international legal assistance and extradition,” she pointed out.

    The representative of France, speaking also for Mexico, said that while civilians worldwide are victims of large-scale violations of international humanitarian law and human rights, “the Council is too often paralysed by the use of the veto”.  He welcomed the mention in the Secretary-General’s report of the French-Mexican initiative on the voluntary regulation of the use of the veto in the Council in cases of mass atrocities.  “The veto is not a privilege but a responsibility,” he said, noting that this proposal is already supported by over 100 States and inviting all other States to join this commitment, starting with the Council’s elected and permanent members.  He also emphasized the crucial role of national human rights institutions, civil society and the Human Rights Council’s mechanisms as essential tools for early warning, prevention and accountability.

    “Now, more than ever, we must continue to promote and defend our collective political commitment to [the] responsibility to protect and its implementation,” said Australia’s delegate, speaking also on behalf of Canada and New Zealand.  The world is facing the highest level of conflict since the Second World War, with reported violations of international humanitarian law and human rights law in the Democratic Republic of the Congo, Ethiopia, Israel and the Occupied Palestinian Territory, Myanmar, Sudan, Ukraine and Yemen.  “We cannot allow impunity,” he asserted, calling for full accountability for atrocity crimes through appropriate national and international investigative and justice mechanisms, such as the International Court of Justice and the International Criminal Court.

    However, other delegates voiced concern that the responsibility to protect principle is increasingly being instrumentalized to justify interventions under a humanitarian pretext, or to undermine States’ sovereignty through the application of unilateral coercive measures.

    Among them was the representative of Venezuela, speaking on behalf of the Group of Friends in Defense of the Charter of the United Nations, who cited the notion as “non-consensual and controversial”.  Accordingly, he voiced concern over the principle “selective and politically motivated” application.

    Paradoxically, at the same time, the world is witnessing a “resounding failure” to ensure the protection of civilians caught in the armed conflict in Gaza, where the Palestinian people are suffering an increasingly brutal Israeli occupation, which represents a systematic violation of international law and requires urgent action to protect and save civilian lives, in accordance with international humanitarian law.

    Poland’s representative emphasized that invoking the responsibility to protect to justify military aggression — such as the Russian Federation’s 2022 invasion of Ukraine — constitutes a deliberate distortion of the principle.  In March 2022, the International Court of Justice issued a preliminary ruling finding that Moscow did not have grounds to attack Ukraine based on claims of genocide, he noted.  He also expressed support for the mandates of the Special Advisers on Genocide Prevention and on the Responsibility to Protect.

    Other delegates highlighted their countries’ experiences with genocide, war crimes, ethnic cleansing and crimes against humanity.

    “The crisis in Myanmar is the heartbreaking case in point,” said that country’s representative, adding that the military junta continues to commit widespread atrocities with impunity, violating the core principles of the responsibility to protect.  Noting that the Prosecutor of the International Criminal Court applied in 2024 for an arrest warrant against Commander-in-Chief Min Aung Hlaing, he said a swift decision is vital.  He also called for the issuance of the arrest warrant against Min Aung Hlaing “to save lives and protect the people of Myanmar from the military junta’s further heinous crimes”.  The Security Council must act decisively, he asserted, noting that a follow-up to resolution 2669 (2022) should include monitoring and enforcement.

    Noting that the application of the responsibility to protect principle “remains uneven”, Burundi’s delegate emphasized that it “cannot be selective on the basis of temporal or material considerations”.  Drawing attention to the 1972 genocide committed against the Hutu ethnic group, he said that, during this “massacre of terrible proportions”, which occurred between April and July 1972, hundreds of thousands of Burundians of the Hutu ethnic group were hunted down, arrested, executed without trial and very often buried in mass graves.

    “This has a name in international law:  genocide,” he said.  And while Burundi’s Truth and Reconciliation Commission officially described the events of 1972 as such, identifying over 4,000 potential mass graves and collecting thousands of witness testimonies, “no international body has recognized this crime as such”.  Citing this silence as “a form of abandoning innocent victims whose souls need to be put to rest”, he underscored that “the responsibility to protect is not a slogan”, but a “legal, moral and political commitment”.

    MIL OSI United Nations News –

    June 28, 2025
  • MIL-OSI United Nations: ‘Responsibility to Protect More Than a Principle — It Is a Moral Imperative’, Secretary General Tells General Assembly

    Source: United Nations MIL OSI

    As the General Assembly marked the twentieth anniversary of the responsibility to protect, the UN Chief emphasized that the principle remains a moral imperative amid growing global turmoil, escalating identity-based violence, widespread breaches of international law and deepening impunity.

    Opening the session, Philémon Yang (Cameroon), President of the General Assembly, recalled that, 20 years ago, at the 2005 World Summit, world leaders affirmed the responsibility of individual States to protect their populations from genocide, war crimes, ethnic cleansing and crimes against humanity.  Born from the horrors of Rwanda and the former Yugoslavia, that commitment represented a pledge that “never again would the international community stand silent as innocent lives were destroyed by the gravest crimes”.

    Nevertheless, today, two decades later, “we must ask ourselves how we have allowed ourselves to fall short”, he said.  From Gaza to Ukraine, from Sudan to Myanmar, there is blatant disregard for human rights, early warnings are ignored and the Security Council is failing to act.

    Also acknowledging commendable gains, he noted the establishment of international mechanisms for atrocity prevention.  Prevention and protection strategies have been implemented across peacekeeping operations.  “We must find ways to deliver on the promise of ‘never again’,” he stressed.

    Picking up that thread, UN Secretary-General António Guterres emphasized that the world is witnessing the highest number of armed conflicts since the end of the Second World War.  Further, conflicts are becoming more protracted, complex and interconnected, while emerging threats such as the weaponization of new technologies and the proliferation of advanced weaponry require a constant adaptation to prevent the commission of atrocity crimes and to protect populations.

    However, he continued, too often, early warnings go unheeded, and alleged evidence of crimes committed by States and non-State actors is met with denial, indifference, or repression.  “Responses are often too little, too late, inconsistent or undermined by double standards,” he said, adding that “civilians are paying the highest price”.

    “We must recognize that the responsibility to protect is more than a principle — it is a moral imperative, rooted in our shared humanity and the UN Charter,” he emphasized, spotlighting the seventeenth report of the Secretary-General on the responsibility to protect.

    The report highlights efforts achieved through national prevention mechanisms or under regional leadership, demonstrating that early diplomacy, early warning and institutional innovation can be effective in preventing and responding to atrocity crimes.  It also underscores the need to mainstream atrocity prevention across the United Nations system — from humanitarian action to peacekeeping to human rights.  Additionally, it calls for integrating early warning, supporting national prevention mechanisms and embedding atrocity prevention in the broader agendas of sustaining peace, human rights and the 2030 Agenda for Sustainable Development.

    “No society is immune from the risk of atrocity crimes,” he asserted, emphasizing that “prevention must begin at home — with leadership that protects rights, embraces diversity and upholds the rule of law”. And it must be supported globally through multilateral cooperation, principled diplomacy, and early and decisive action to effectively protect populations.  Two decades on, the responsibility to protect remains both an urgent necessity and an unfulfilled promise.  “Let us keep the promise, deepen our commitment, strengthen our cooperation and ensure that atrocity-prevention and protecting populations becomes a permanent and universal practice,” he stated.

    In the ensuing debate, numerous Member States emphasized that — amid growing violence against civilians and worsening humanitarian crises — the responsibility to protect must remain central to efforts aimed at promoting peace and security.

    Speaking on behalf of the Group of Friends on the Responsibility to Protect, the representative of Morocco expressed concern that, despite unanimous support for ending atrocity crimes, serious violations of international humanitarian law and human rights law persist.  “This growing gap between rhetoric and action is especially concerning given the international community’s improved understanding of risk factors and increased capacity to respond,” he pointed out.  He also acknowledged the key role of the Global Centre for the Responsibility to Protect in advancing this principle.

    Expressing concern about the increased use of the veto in the Council, the representative of the European Union, speaking in its capacity as observer, said all Member States — especially those holding veto power — must support both the Code of Conduct regarding Security Council action against genocide, crimes against humanity or war crimes, as well as the French-Mexican initiative on refraining from the use of veto in the case of mass atrocities.

    “While some advances in military technology can bring increased precision and a reduction of civilian harm,” she said, the recent evolution of warfare, including the use of artificial intelligence (AI), may lead to diluted human control and increased brutality in conflict.  Further, “when prevention fails, we need to make every effort to ensure that the perpetrators of atrocity crimes are held accountable,” she said, reaffirming support for the International Criminal Court.

    Relatedly, Denmark’s delegate, also speaking for Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden, urged the Council “to renew and strengthen its focus on prevention” and acknowledged the efforts of the UN Office on Genocide Prevention and the Responsibility to Protect, as well as civil society experts.  Stressing the importance of the fight against sexual and gender-based violence, she added:  “Independent and impartial international courts and tribunals, in particular the International Court of Justice and International Criminal Court, are central to accountability for the most serious crimes.”

    Slovenia’s delegate stressed that the veto power in the Council should not be used in situations where there is a clear threat of mass atrocity crimes, as it hinders effective decision–making and prevents action that would help to protect populations in a timely and effective manner. Her country was among the first to appoint a national Responsibility to Protect Focal Point, she said, highlighting the Ljubljana-Hague Convention on International Cooperation in the Investigation and Prosecution of Genocide, Crimes against Humanity, War Crimes and Other International Crimes.  “This is the first major international treaty in the field of international criminal law since the Rome Statute that enables States to cooperate effectively internationally in the investigation and prosecution of international crimes by filling legal gaps in the fields of international legal assistance and extradition,” she pointed out.

    The representative of France, speaking also for Mexico, said that while civilians worldwide are victims of large-scale violations of international humanitarian law and human rights, “the Council is too often paralysed by the use of the veto”.  He welcomed the mention in the Secretary-General’s report of the French-Mexican initiative on the voluntary regulation of the use of the veto in the Council in cases of mass atrocities.  “The veto is not a privilege but a responsibility,” he said, noting that this proposal is already supported by over 100 States and inviting all other States to join this commitment, starting with the Council’s elected and permanent members.  He also emphasized the crucial role of national human rights institutions, civil society and the Human Rights Council’s mechanisms as essential tools for early warning, prevention and accountability.

    “Now, more than ever, we must continue to promote and defend our collective political commitment to [the] responsibility to protect and its implementation,” said Australia’s delegate, speaking also on behalf of Canada and New Zealand.  The world is facing the highest level of conflict since the Second World War, with reported violations of international humanitarian law and human rights law in the Democratic Republic of the Congo, Ethiopia, Israel and the Occupied Palestinian Territory, Myanmar, Sudan, Ukraine and Yemen.  “We cannot allow impunity,” he asserted, calling for full accountability for atrocity crimes through appropriate national and international investigative and justice mechanisms, such as the International Court of Justice and the International Criminal Court.

    However, other delegates voiced concern that the responsibility to protect principle is increasingly being instrumentalized to justify interventions under a humanitarian pretext, or to undermine States’ sovereignty through the application of unilateral coercive measures.

    Among them was the representative of Venezuela, speaking on behalf of the Group of Friends in Defense of the Charter of the United Nations, who cited the notion as “non-consensual and controversial”.  Accordingly, he voiced concern over the principle “selective and politically motivated” application.

    Paradoxically, at the same time, the world is witnessing a “resounding failure” to ensure the protection of civilians caught in the armed conflict in Gaza, where the Palestinian people are suffering an increasingly brutal Israeli occupation, which represents a systematic violation of international law and requires urgent action to protect and save civilian lives, in accordance with international humanitarian law.

    Poland’s representative emphasized that invoking the responsibility to protect to justify military aggression — such as the Russian Federation’s 2022 invasion of Ukraine — constitutes a deliberate distortion of the principle.  In March 2022, the International Court of Justice issued a preliminary ruling finding that Moscow did not have grounds to attack Ukraine based on claims of genocide, he noted.  He also expressed support for the mandates of the Special Advisers on Genocide Prevention and on the Responsibility to Protect.

    Other delegates highlighted their countries’ experiences with genocide, war crimes, ethnic cleansing and crimes against humanity.

    “The crisis in Myanmar is the heartbreaking case in point,” said that country’s representative, adding that the military junta continues to commit widespread atrocities with impunity, violating the core principles of the responsibility to protect.  Noting that the Prosecutor of the International Criminal Court applied in 2024 for an arrest warrant against Commander-in-Chief Min Aung Hlaing, he said a swift decision is vital.  He also called for the issuance of the arrest warrant against Min Aung Hlaing “to save lives and protect the people of Myanmar from the military junta’s further heinous crimes”.  The Security Council must act decisively, he asserted, noting that a follow-up to resolution 2669 (2022) should include monitoring and enforcement.

    Noting that the application of the responsibility to protect principle “remains uneven”, Burundi’s delegate emphasized that it “cannot be selective on the basis of temporal or material considerations”.  Drawing attention to the 1972 genocide committed against the Hutu ethnic group, he said that, during this “massacre of terrible proportions”, which occurred between April and July 1972, hundreds of thousands of Burundians of the Hutu ethnic group were hunted down, arrested, executed without trial and very often buried in mass graves.

    “This has a name in international law:  genocide,” he said.  And while Burundi’s Truth and Reconciliation Commission officially described the events of 1972 as such, identifying over 4,000 potential mass graves and collecting thousands of witness testimonies, “no international body has recognized this crime as such”.  Citing this silence as “a form of abandoning innocent victims whose souls need to be put to rest”, he underscored that “the responsibility to protect is not a slogan”, but a “legal, moral and political commitment”.

    MIL OSI United Nations News –

    June 28, 2025
  • MIL-OSI United Nations: Concluding Second Resumed Session, Fifth Committee Approves Budget Covering Peacekeeping Missions, Service Centres, Headquarters Support Staff

    Source: United Nations MIL OSI

    The Fifth Committee (Administrative and Budgetary) today approved a budget of nearly $5.4 billion to cover the financing needs of about a dozen peacekeeping missions, two service centres and support staff at Headquarters from 1 July 2025 to 30 June 2026.  As it wrapped up its second resumed session, the Committee sent to the General Assembly 19 resolutions and 1 decision.  All but one of these texts were adopted without a vote.  The exception dealt with the United Nations Interim Force in Lebanon (UNIFIL) and its financing document (document A/C.5/79/L.36/Rev.1), which the Committee approved by a recorded vote of 134 in favour, to 3 against (Argentina, Israel, United States), with 1 abstention (Paraguay).

    That was after the Committee rejected, also by a recorded vote, an oral amendment proposed by Israel to delete four paragraphs referring to the shelling of a UNIFIL compound in Qana, Lebanon, by the Israeli forces on 18 April 1996.  The oral amendment was rejected by a vote of 5 in favour (Argentina, Canada, Paraguay, Israel, United States) to 70 against, with 53 abstentions.

    Chandramouli Ramanathan, Assistant Secretary-General, Controller, Management Strategy, Policy, thanked the delegates for finishing the session before the end of June and recognized their power of consensus as they find common ground three times a year to approve crucial resolutions that keep the Organization running.  Yet, as much as the world needs peacekeeping, the Committee needs to solve a financing problem that has been plaguing the United Nations for 80 years.  “The UN staff is progressively losing confidence in the entire budget process,” he said, referring to cash shortages that have led to severe spending and hiring restrictions.  The United Nations needs to find a compromise that allows the Organization to function effectively, he added.

    Fifth Committee Chair Egriselda Aracely González López (El Salvador) recognized the time, effort and dedication that delegates displayed in recent weeks as they worked through days, nights and weekends to achieve today’s results.  She noted the Committee’s unique working methods and thanked delegates for exercising the political will to achieve results.  The Committee’s work, on the eve of the Organization’s eightieth anniversary, helps establish policy and lets the Organization operate and carry out its mandates.

    In closing remarks, many delegates welcomed the adoption of the peacekeeping budgets for the 2025/26 financial year and the agreement to move forward with the Strategic Heritage Plan for the UN offices in Geneva.  Yet, many regretted that agreements were not reached on cross-cutting policy issues or on a mechanism to improve the Organization’s financial situation.

    The representative of Egypt, speaking on behalf of the African Group, expressed concern about the Committee’s inability to agree on a cross-cutting policy resolution, as well as the lack of agreement on mission-specific policy directives.  “Unfortunately, this year, the Committee has chosen to abandon its duty to provide overall guidance to missions as well as specific provisions based on their unique context and operational requirements,” he said.  This is an alarming regression that risks eroding the trust between host countries and the UN, he cautioned.

    The United Kingdom’s delegate echoed this sentiment and said her delegation was disappointed that the Committee iron out a solution to provide predictable financing for the Organization.  The representative of the United States said his delegation was pleased that the $5.38 billion peacekeeping budget for 2025/26, $110 million less than the Secretary-General’s proposal, ensured the core functions of international peacekeeping would be met.

    The representative of the European Union, speaking in its capacity as observer, stressed that the outcome of the budget approval can only be meaningful if all States pay their assessed contributions in full and on time.  She also noted the agreement reached to fund and maintain the full scope of the Strategic Heritage Plan in Geneva and the adoption of the report of the Board of Auditors.  However, “a non-constructive approach to negotiations by some delegations hampered our ability to reach meaningful compromises, resulting in skeletal resolutions on several agenda items”, she said.  For the fifth consecutive year, the Committee was unable to provide any guidance on the support account, the Global Service Centre and the Regional Service Centre.

    “Most disappointing was our handling of the financial situation agenda item, together with the liquidity aspects of closed peacekeeping operations,” she said, adding that the proposals on the table would have contributed meaningfully to the long-term financial health of the Organization.  The Fifth Committee’s strength lies in its ability to engage in dialogue collectively and constructively and reach decisions by consensus.  It is essential to begin substantive engagement earlier in the session because consensus requires sufficient time and space for meaningful dialogue, she said.

    Japan’s delegate agreed, stating:  “Unfortunately, we were unable to give the necessary guidance to the Secretariat in tackling the liquidity crisis.”  The Fifth Committee must work together with the Secretariat to resolve these outstanding fiscal challenges.

    The representative of Iraq, speaking on behalf of the Group of 77 and China, said the bloc was pleased to reach consensus on the Strategic Heritage Plan in Geneva, the Board of Auditors and peacekeeping mission budgets.  Yet, it was concerning that consensus could not be achieved on a plan to address the Organization’s recurring financial problems.

    As the second-largest contributor to the Organization’s budget, the representative of China said his delegation stands for the allocation of necessary resources to achieve its peacekeeping goals.  He hoped the Secretariat would cherish these resources as it works to maintain peace and security.  He noted that the Organization’s largest contributor remains in arrears and was the main cause of the liquidity crisis.

    Action on Draft Resolutions

    The Committee first approved the draft resolutions “Financial reports and audited financial statements, and reports of the Board of Auditors” (document A/C.5/79/L.51) and “Strategic heritage plan of the United Nations Office at Geneva” (document A/C.5/79/L.52).

    The Committee then approved draft resolution I, “Support account for peacekeeping operations” (document A/C.5/79/L.50); draft resolution II, “Financing of the United Nations Regional Service Centre in Entebbe, Uganda” (document A/C.5/79/L.40); and draft resolution III, “Financing of the United Nations Regional Service Centre in Entebbe, Uganda”(document A/C.5/79/L.39).

    The Committee then approved the draft “Financing of the United Nations Interim Security Force for Abyei” (document A/C.5/79/L.41).

    The Committee the approved the draft resolution “Financing of the United Nations Multidimensional Integrated Stabilization Mission in the Central African Republic” (document A/C.5/79/L.42).

    It then approved the draft resolution “Financing of the United Nations Peacekeeping Force in Cyprus” (document A/C.5/79/L.43).

    The Committee then approved the draft resolution “Financing of the United Nations Organization Stabilization Mission in the Democratic Republic of the Congo” (document A/C.5/79/L.44).  It then approved the draft resolution “Financing of the United Nations Interim Administration Mission in Kosovo” (document A/C.5/79/L.45).

    The Committee then approved the draft resolution “Financing of the United Nations Multidimensional Integrated Stabilization Mission in Mali” (document A/C.5/79/L.38).

    Turning to “Financing of United Nations Peacekeeping Forces in the Middle East”, the Committee approved the draft resolution “Financing of the United Nations Disengagement Observer Force” (document A/C.5/79/L.46).

    It then approved the draft resolution “Financing of the United Nations Mission in South Sudan” (document A/C.5/79/L.47).

    The Committee then approved draft resolution “Financing of the United Nations Mission for the Referendum in Western Sahara” (document A/C.5/79/L.48).

    Next it approved the draft resolution “Financing of the African Union-United Nations Hybrid Operation in Darfur” (document A/C.5/79/L.37).

    It then approved the draft resolution “Financing of the activities arising from Security Council resolution 1863 (2009)” (document A/C.5/79/L.49).

    The Committee then took notes of the Secretary-General contained in documents A/C.5/79/L.33 and A/C.5/79/L.34.

    Finally, it approved the draft decision “Questions deferred for future consideration” (document A/C.5/79/L.53).

    __________

    * The 37th Meeting was covered in Press Release GA/12685.

    MIL OSI United Nations News –

    June 28, 2025
  • MIL-OSI United Nations: Concluding Second Resumed Session, Fifth Committee Approves Budget Covering Peacekeeping Missions, Service Centres, Headquarters Support Staff

    Source: United Nations MIL OSI

    The Fifth Committee (Administrative and Budgetary) today approved a budget of nearly $5.4 billion to cover the financing needs of about a dozen peacekeeping missions, two service centres and support staff at Headquarters from 1 July 2025 to 30 June 2026.  As it wrapped up its second resumed session, the Committee sent to the General Assembly 19 resolutions and 1 decision.  All but one of these texts were adopted without a vote.  The exception dealt with the United Nations Interim Force in Lebanon (UNIFIL) and its financing document (document A/C.5/79/L.36/Rev.1), which the Committee approved by a recorded vote of 134 in favour, to 3 against (Argentina, Israel, United States), with 1 abstention (Paraguay).

    That was after the Committee rejected, also by a recorded vote, an oral amendment proposed by Israel to delete four paragraphs referring to the shelling of a UNIFIL compound in Qana, Lebanon, by the Israeli forces on 18 April 1996.  The oral amendment was rejected by a vote of 5 in favour (Argentina, Canada, Paraguay, Israel, United States) to 70 against, with 53 abstentions.

    Chandramouli Ramanathan, Assistant Secretary-General, Controller, Management Strategy, Policy, thanked the delegates for finishing the session before the end of June and recognized their power of consensus as they find common ground three times a year to approve crucial resolutions that keep the Organization running.  Yet, as much as the world needs peacekeeping, the Committee needs to solve a financing problem that has been plaguing the United Nations for 80 years.  “The UN staff is progressively losing confidence in the entire budget process,” he said, referring to cash shortages that have led to severe spending and hiring restrictions.  The United Nations needs to find a compromise that allows the Organization to function effectively, he added.

    Fifth Committee Chair Egriselda Aracely González López (El Salvador) recognized the time, effort and dedication that delegates displayed in recent weeks as they worked through days, nights and weekends to achieve today’s results.  She noted the Committee’s unique working methods and thanked delegates for exercising the political will to achieve results.  The Committee’s work, on the eve of the Organization’s eightieth anniversary, helps establish policy and lets the Organization operate and carry out its mandates.

    In closing remarks, many delegates welcomed the adoption of the peacekeeping budgets for the 2025/26 financial year and the agreement to move forward with the Strategic Heritage Plan for the UN offices in Geneva.  Yet, many regretted that agreements were not reached on cross-cutting policy issues or on a mechanism to improve the Organization’s financial situation.

    The representative of Egypt, speaking on behalf of the African Group, expressed concern about the Committee’s inability to agree on a cross-cutting policy resolution, as well as the lack of agreement on mission-specific policy directives.  “Unfortunately, this year, the Committee has chosen to abandon its duty to provide overall guidance to missions as well as specific provisions based on their unique context and operational requirements,” he said.  This is an alarming regression that risks eroding the trust between host countries and the UN, he cautioned.

    The United Kingdom’s delegate echoed this sentiment and said her delegation was disappointed that the Committee iron out a solution to provide predictable financing for the Organization.  The representative of the United States said his delegation was pleased that the $5.38 billion peacekeeping budget for 2025/26, $110 million less than the Secretary-General’s proposal, ensured the core functions of international peacekeeping would be met.

    The representative of the European Union, speaking in its capacity as observer, stressed that the outcome of the budget approval can only be meaningful if all States pay their assessed contributions in full and on time.  She also noted the agreement reached to fund and maintain the full scope of the Strategic Heritage Plan in Geneva and the adoption of the report of the Board of Auditors.  However, “a non-constructive approach to negotiations by some delegations hampered our ability to reach meaningful compromises, resulting in skeletal resolutions on several agenda items”, she said.  For the fifth consecutive year, the Committee was unable to provide any guidance on the support account, the Global Service Centre and the Regional Service Centre.

    “Most disappointing was our handling of the financial situation agenda item, together with the liquidity aspects of closed peacekeeping operations,” she said, adding that the proposals on the table would have contributed meaningfully to the long-term financial health of the Organization.  The Fifth Committee’s strength lies in its ability to engage in dialogue collectively and constructively and reach decisions by consensus.  It is essential to begin substantive engagement earlier in the session because consensus requires sufficient time and space for meaningful dialogue, she said.

    Japan’s delegate agreed, stating:  “Unfortunately, we were unable to give the necessary guidance to the Secretariat in tackling the liquidity crisis.”  The Fifth Committee must work together with the Secretariat to resolve these outstanding fiscal challenges.

    The representative of Iraq, speaking on behalf of the Group of 77 and China, said the bloc was pleased to reach consensus on the Strategic Heritage Plan in Geneva, the Board of Auditors and peacekeeping mission budgets.  Yet, it was concerning that consensus could not be achieved on a plan to address the Organization’s recurring financial problems.

    As the second-largest contributor to the Organization’s budget, the representative of China said his delegation stands for the allocation of necessary resources to achieve its peacekeeping goals.  He hoped the Secretariat would cherish these resources as it works to maintain peace and security.  He noted that the Organization’s largest contributor remains in arrears and was the main cause of the liquidity crisis.

    Action on Draft Resolutions

    The Committee first approved the draft resolutions “Financial reports and audited financial statements, and reports of the Board of Auditors” (document A/C.5/79/L.51) and “Strategic heritage plan of the United Nations Office at Geneva” (document A/C.5/79/L.52).

    The Committee then approved draft resolution I, “Support account for peacekeeping operations” (document A/C.5/79/L.50); draft resolution II, “Financing of the United Nations Regional Service Centre in Entebbe, Uganda” (document A/C.5/79/L.40); and draft resolution III, “Financing of the United Nations Regional Service Centre in Entebbe, Uganda”(document A/C.5/79/L.39).

    The Committee then approved the draft “Financing of the United Nations Interim Security Force for Abyei” (document A/C.5/79/L.41).

    The Committee the approved the draft resolution “Financing of the United Nations Multidimensional Integrated Stabilization Mission in the Central African Republic” (document A/C.5/79/L.42).

    It then approved the draft resolution “Financing of the United Nations Peacekeeping Force in Cyprus” (document A/C.5/79/L.43).

    The Committee then approved the draft resolution “Financing of the United Nations Organization Stabilization Mission in the Democratic Republic of the Congo” (document A/C.5/79/L.44).  It then approved the draft resolution “Financing of the United Nations Interim Administration Mission in Kosovo” (document A/C.5/79/L.45).

    The Committee then approved the draft resolution “Financing of the United Nations Multidimensional Integrated Stabilization Mission in Mali” (document A/C.5/79/L.38).

    Turning to “Financing of United Nations Peacekeeping Forces in the Middle East”, the Committee approved the draft resolution “Financing of the United Nations Disengagement Observer Force” (document A/C.5/79/L.46).

    It then approved the draft resolution “Financing of the United Nations Mission in South Sudan” (document A/C.5/79/L.47).

    The Committee then approved draft resolution “Financing of the United Nations Mission for the Referendum in Western Sahara” (document A/C.5/79/L.48).

    Next it approved the draft resolution “Financing of the African Union-United Nations Hybrid Operation in Darfur” (document A/C.5/79/L.37).

    It then approved the draft resolution “Financing of the activities arising from Security Council resolution 1863 (2009)” (document A/C.5/79/L.49).

    The Committee then took notes of the Secretary-General contained in documents A/C.5/79/L.33 and A/C.5/79/L.34.

    Finally, it approved the draft decision “Questions deferred for future consideration” (document A/C.5/79/L.53).

    __________

    * The 37th Meeting was covered in Press Release GA/12685.

    MIL OSI United Nations News –

    June 28, 2025
  • MIL-OSI Security: Jefferson Parish Resident Indicted for Fraud and Identity Theft

    Source: US FBI

    NEW ORLEANS, LOUISIANA – JELISSA LACOUR (“LACOUR”), age 36, a resident of Jefferson Parish, was indicted on June 20, 2025 with two counts of wire fraud and two counts of aggravated identity theft, announced Acting U.S. Attorney Michael M. Simpson.

    One wire fraud count alleged that LACOUR obtained numerous Paycheck Protection Program (PPP) loans using falsified tax forms.  The other wire fraud count alleged that LACOUR obtained Emergency Rental Assistance Program (ERAP) funds in the names of numerous purported renters.  According to the indictment, in some instances, the PPP and ERAP applications were for accomplices who sought to benefit from the fraudulent applications, while in other instances, LACOUR misused others’ identities to obtain payments in their names.  The aggravated identity theft charges relate to the use of other persons’ identities.

    If convicted, LACOUR faces up to 20 years of imprisonment, to be followed by up to three years of supervised release for each wire fraud count, and two years of imprisonment, to be followed by up to one year of supervised release for each aggravated identity theft count.  Each count is punishable by a fine of up to $250,000, and a mandatory $100 special assessment fee.

    Acting U.S. Attorney Simpson reiterated that the indictment is merely a charge and that the guilt of the defendant must be proven beyond a reasonable doubt.

    The case was investigated by the Federal Bureau of Investigation.  It is being prosecuted by Assistant United States Attorney Chandra Menon of the of the Public Integrity Unit.

    *     *    *

    MIL Security OSI –

    June 28, 2025
  • MIL-OSI Security: Texas Man Sentenced to 48 Months for Stealing from ATMs

    Source: US FBI

    SPRINGFIELD, Mo. – A Houston, Tx., man was sentenced in federal court today for his role in bank burglary and bank theft conspiracies involving the theft of United States currency from an automated teller machine (ATM) in Ozark, Mo.

    Nigel Dwayne Luchin, 28, was sentenced by U.S. District Judge M. Douglas Harpool to 48 months in federal prison without parole. He was also ordered to pay $175,700 in restitution to the bank in Ozark, Mo., a bank in Seekonk, Ma., and a bank in LaVale, Md.    

    Luchin was charged on Aug. 28, 2024, in a six-count superseding indictment, along with two other Texas men. The federal indictment alleges that Luchin, and his co-conspirators participated in a conspiracy to commit bank burglary and a conspiracy to commit bank theft from Oct. 3 to Nov. 8, 2023.

    On Nov. 7, 2024, Luchin pleaded guilty to one count each of conspiracy to commit bank burglary, bank burglary, conspiracy to commit bank theft, and bank theft.

    Luchin admitted during his plea that early in the morning on Oct. 30, 2023, he and his co-conspirators used a stolen white Ford F-250 to destroy an ATM. The conspirators used a tow chain and two large hooks to dismantle the door to the ATM by pulling the chain and hooks with the stolen pickup truck. They stole $30,700 from the ATM, left the bank, and abandoned the pickup nearby.

    Investigators reviewed surveillance videos from businesses in the area where the Ford F-250 was stolen. The videos allegedly showed conspirators arriving at the area in two vehicles – a Chrysler Voyager minivan and a Toyota Highlander – and leaving the area with the stolen pickup. Both the Voyager and the Highlander were identified on a license plate reader and traced to two car rental agencies in Houston. Later the same day, a license plate reader in Houston captured both of those vehicles traveling in the same direction.

    Ozark police officers searched the stolen pickup truck and found Luchin’s Texas identification card on the driver’s seat.

    Using Luchin’s phone data, the FBI was able to determine that Luchin was present when the truck was stolen, and at the ATM burglary. Using that same phone data, the FBI connected Luchin to an ATM burglary in Seekonk, Ma. that occurred on Oct. 28, 2023, and an attempted ATM burglary in LaVale, Md. that occurred on Oct. 29, 2023.   

    Luchin is the first of two defendants who have pleaded guilty in this case to be sentenced. One of his co-defendants, Christopher Merchant, pleaded guilty on March 11, 2025.

    This case is being prosecuted by Assistant U.S. Attorney Stephanie L. Wan. It was investigated by the FBI, the Ozark, Mo., Police Department, and the Springfield, Mo., Police Department.

    MIL Security OSI –

    June 28, 2025
  • MIL-OSI: DGL Investments No. 1 Inc. Announces Termination of Letter of Intent With Rep Group Limited and Perspectives Productions Limited

    Source: GlobeNewswire (MIL-OSI)

    Not for distribution to U.S. news wire services or for dissemination in the United States

    VANCOUVER, British Columbia, June 27, 2025 (GLOBE NEWSWIRE) — DGL Investments No. 1 Inc. (“DGL” or the “Company”) (TSXV: DGL.P) announces that the Letter of Intent it had entered into with Rep Group Limited (“REP”) and Perspectives Productions Limited (“Perspectives” and collectively with REP, the “Targets”) as announced by News Release dated April 14, 2025 has been mutually terminated by the parties as of June 26, 2025.

    The parties made extensive attempts to secure financing for the proposed transaction, however it could not be agreed within a timeframe that met the parties’ expectations.

    As a result DGL is now actively seeking a business to acquire as its qualifying transaction.

    It is expected that the Company’s common shares will recommence trading on the TSX Venture Exchange (the “TSXV”) at such time as the TSXV has completed its resumption of trading review.

    Other Information and Updates

    DGL will continue to provide further details in respect of any proposed qualifying transaction, in due course, by way of news releases.

    About DGL

    DGL is a capital pool company. The Company is engaged in the identification and evaluation of assets or businesses with a view to completing a qualifying transaction.

    For further information, please contact:

    Gurpreet S. Sangha
    President and Chief Executive Officer
    DGL Investments No. 1 Inc.

    Telephone: (778) 245-2282
    Email: gsangha2x4@hotmail.com

    Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

    The MIL Network –

    June 28, 2025
  • MIL-OSI Economics: Feedback invited on proposed update to financial services legislation

    Source: Isle of Man

    The Isle of Man Financial Services Authority is inviting feedback on proposals aimed at enhancing the Island’s regulatory framework.

    The intention is to update existing legislation to ensure the Island safeguards its reputation as a well-regulated jurisdiction that continues to meet international standards.

    Amendments set out in the Financial Services (Miscellaneous Provisions) Bill will strengthen the Authority’s ability to achieve its objectives of protecting consumers, reducing financial crime, and maintaining confidence in the finance sector through effective regulation.

    A public consultation has been published online today, Friday 27 June 2025, seeking comments on the draft Bill, which includes plans to revise measures within the:

    • Collective Investment Schemes Act 2008
    • Designated Businesses (Registration and Oversight) Act 2015
    • Financial Services Act 2008
    • Insurance Act 2008

    Modernising aspects of the current legislation will help the Authority to remain effective and proportionate in the delivery of its remit.

    Bettina Roth, Chief Executive Officer, said: ‘The proposed changes outlined in the draft Bill will support the more efficient use of the Authority’s resources and enhance consistency and clarity for the benefit of all stakeholders. We are seeking to future-proof our operations, while being mindful of the need to maintain competitiveness and minimise any adverse effects of regulation. It’s important to hear the views of our stakeholders and I would encourage individuals, firms and industry bodies to respond to the consultation.’

    Written feedback on the Financial Services (Miscellaneous Provisions) Bill should be emailed to Policy@iomfsa.im or sent to Casey Houareau, Policy Adviser, Isle of Man Financial Services Authority, PO Box 58, Finch Hill House, Bucks Road, Douglas, IM99 1DT.

    The closing date for submissions is Friday 8 August 2025.

    Ends

    Word Count: 273

    Media Enquiries:

    Richard Parslow, Manager – Communications, email: Richard.Parslow@iomfsa.im

     

    For further information:

    PO BOX 58      DOUGLAS        ISLE OF MAN          IM99 1DT        BRITISH ISLES

     Twitter              LinkedIn             Facebook                  YouTube

    T: +44 (0) 1624 646000           E: info@iomfsa.im

    MIL OSI Economics –

    June 28, 2025
  • MIL-OSI United Kingdom: WTO General Council February 2025: UK Statements

    Source: United Kingdom – Executive Government & Departments

    Speech

    WTO General Council February 2025: UK Statements

    Statements delivered by Simon Manley, the UK’s Permanent Representative to the WTO and UN, 18 – 19 February 2025 at the World Trade Organization in Geneva.

    Item 2: Practical Steps to Enhance the Process for the Appointment of Officers to Certain WTO Bodies. Communication from Canada, Chile, Jamaica, New Zealand, Nigeria, Norway, Singapore and Switzerland

    Thank you, Chair. The UK adds our congratulations to the new Chairs, and also extends our thanks to you, Chair, in particular, for your work in the General Council. Your leadership and tireless drive, which we can already see this morning, to take forward our work with both good humour and astute steering of the meetings has been hugely appreciated. On this item, the UK does support pragmatic initiatives that can help improve processes for all of us here at the WTO, so we are grateful to the countries who have put this forward. We do support reform by doing, and as this document says, this is reform by doing. It solves issues around the appointment of Chairs, which when they are delayed leads to gaps that effect all of us and the efficiency of the organization. It is practical steps that we should all be able to agree to and the UK supports it.

    Item 4: Incorporation of the Agreement on Electronic Commerce into Annex 4 of the WTO Agreement

    Thank you, Chair. The UK is disappointed with the objections this morning to the incorporation of the E-commerce agreement as an annex 4 plurilateral. It is even more disappointing to see the failure to reach agreement on an investment facilitation and development on the previous item and I would just like to acknowledge the large number of very eloquent and well-reasoned interventions, especially from developing countries, on how they, like all WTO numbers, stand to benefit from the Investment Facilitation for Development Agreement (IFDA). Both the IFDA and E-commerce agreements are in the category of things the WTO can and should do now, and in good time, before MC14. Speakers this morning, especially from developing countries, have clearly set out the benefits which the E-commerce agreement offers. I’m just going to briefly recap a few. First, that this is the first set of global digital trade rules, in a sector which already by 2020 represented 25% of global trade worth almost 5 trillion USD; it has a key role in global economic growth. It is an agreement which not just increases digital trade and lowers trade barriers, it also enhances trust in an open digital environment. In all these ways it can unlock opportunities for businesses, jobs and their consumers all around the world. It is also an agreement that has been inclusive in its preparation. The vast majority of the 91 countries originally involved in the negotiation are developing countries. It is inclusive in its benefits as so many developing countries have set out. It is not just the delegations in this room who say all of these things, just in the last few weeks. For example, we heard directly from businesses at the World Economic Forum about the benefits of unleashing digital trade for MSMEs, in particular. Then, very importantly, my last point to support the implementation of the agreement includes a multi-avenue support package comprising implementation periods, technical assistance and capacity building.

    The UK is committed to continuing our support for various technical assistance and capacity-building initiatives, such as a Digital Access Programme. We are ready to work with all members on the E-commerce agreement to make progress and reach agreement swiftly, hopefully well in advance of MC14.

    Item 5: Report by the Chairperson of the Trade Negotiations Committee and Report by the Director General

    Thank you for your Report, in particular for reminding us of the measurable benefits traders have brought to economic growth and development and for your commitments driving forward all our work. The UK is ready to cooperate with all members to ensure meaningful progress across all the areas you mentioned in the run up to MC14, including things we can and should agree before MC14. We recognise that, as you said Director General, it is a challenging time for global trade. We are grateful for your efforts. As our Minister for Trade Policy and Economic Security said in the UK parliament last week, the UK stands behind your exemplary leadership. We agreed that the WTO is a forum to listen and to discuss differences on trade with a review to resolving them; for calm responses and constructive dialogue as we look ahead to MC14.

    As we look ahead to MC14, we support the particular priority to deliver for development. For the UK this includes the things we can and should do before MC14. On the development benefits of IFDA and E-commerce, I refer to the points I and others, including so many developing countries, made this morning. On the fisheries subsidies agreements and, through them, realising SDG target 14.6, we hope both enter into force, and Fish One and adoption of Fish Two could be secured before the UN Ocean Summit in France in June. That these agreements are so close is actually a tribute to the hard work and readiness to listen with compromises by so many in this room. Completing that work will also help us form a clear pathway to MC14, including space to work on agriculture and other important areas already under discussion. On agriculture, our thanks also to outgoing Chair, Ambassador Alparslan Acarsoy of Türkiye, for his work. Achieving a breakthrough on agriculture is more essential than ever. We cannot lose time, including to agree a new Chair, and then to work for successive MC14. Director General, thank you again for your leadership. We of course recognise the challenges. Trade is not always straightforward. The UK continues to support the WTO in the multilateral trading system; the benefits for trade for all of us, for growth, for development, are real. We are committed to working with you, with Members, to realise them. Thank you.

    Item 9: Follow-up to the WTO Off-Site Retreat on Trade as a Tool for Development and Way Forward. Request from Barbados and South Africa

    Thank you, Chair and the Secretariat for giving us a quick readout of the discussions. Already today we have heard several times about the importance of high ambition on development for MC14, and more widely, and the UK fully agrees. We would particularly like to thank South Africa and Barbados for bring in this discussion and helping to set out a path forward and welcome your particular collaboration when we think about what can be achieved. Development is cross cutting in so much of our work, and that is why, for the UK, the best way to maintain short-term momentum is with the early agreement on outcomes that are already in reach. That is why in earlier interventions today we have stressed the development benefits from early conclusion on investment facilitation for development, fisheries and E-commerce. We add to this, the development opportunities around LDC graduation and indeed the opportunities through new accessions to the WTO, that we will hear about tomorrow. Equally, to make a success of this we want to hear ideas, and we urge developing country members in particular to deliver their priority proposals as soon as possible, so that we really can work together to achieve progress in the timeframe of MC14.

    Finally, the UK is committed to wider initiatives supporting developing countries, working in partnerships, listening to needs, and with this in mind we note that as the only fund dedicated to LDC trade, the UK wants to ensure that the enhanced integrated framework continues to deliver impact for LDCs. We have just made available this year an additional £100,000 into the interim facility, which brings our total contribution to £1,000,000 and we hope this will help ensure continuity while the future of the fund is discussed. As Members are aware, we hope the EIF taskforce will make its recommendations very soon as a basis for further improvement, meeting the expectations of LDCs and donors. Thank you.

    Item 11: WTO Accessions: 2024 Annual Report by the Director General

    The UK is closely engaged in this work and supports prospective Members to secure the benefits of the global trading system by progressing their accessions. We particularly note the positive development impact of WTO accession and underline that we are keen to welcome more developing countries, particularly LDCs, to the WTO. We support the strategic focus for 2025 on the accession of Uzbekistan and Bosnia and Herzegovina who have made significant progress. The UK for example recently held constructive bilateral discussions with Uzbekistan to help advance the accession and we encourage all Members to work with Uzbekistan and Bosnia and Herzegovina to support their ambitions for early WTO accession. We also very much welcome Somalia’s first Working Party and Ethiopia’s renewed energy behind their accession as specific examples of LDC interest and with this in mind we would like to reconfirm the UK’s commitment to chairing the Working Party on the accession of Ethiopia, but are also grateful to the Deputy Director General for temporarily standing in the coming meeting. Finally, the UK is a provider of technical support in this area, and we note that the Enhanced Integrated Fund is open to LDCs post accession, so we encourage Timor Leste and Comoros to use the facility where it is helpful.

    Item 13: Stocktaking of Work on the Operationalization of paragraph 21 of the MC13 Abu Dhabi Ministerial Declaration. Communication from Pakistan

    Thank you, Chair. We will be brief, but we just wanted to add thanks to Pakistan for bringing this important issue back to the General Council’s attention. Unfortunately, if anything, it is becoming increasingly relevant and urgent, and the UK does see the role of trade in this area. We will publish a full statement but just to acknowledge, in particular, Pakistan’s proactivity and thinking of areas like services, financial services and trade debt and finance work to identify where, as a Membership, we can take things forward and we look forward to continuing to contribute.

    Item 14: WTO at 30. Statement by the Director General

    Thank you. I want to be short. We set out yesterday commitment to the WTO in the multilateral trading system and the opportunities we have at work to benefit all Members. Of course, that includes WTO reform by doing, and we set out our confidence in your leadership, Director General. Like Australia, we encourage further work on this proposal. Thank you.

    Updates to this page

    Published 27 June 2025

    MIL OSI United Kingdom –

    June 28, 2025
  • MIL-OSI Security: Hartford Man Sentenced to 37 Months in Federal Prison for Firearm Offense Stemming from Gang Shootout

    Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)

    David X. Sullivan, United States Attorney for the District of Connecticut, announced that CHEVON GRANT, 28, of Hartford, was sentenced today by U.S. District Judge Kari A. Dooley in Bridgeport to 37 months of imprisonment, followed by three years of supervised release, for a firearm offense stemming from a gang-related shootout.

    According to court documents and statements made in court, on April 18, 2022, after an unidentified shooter who is suspected of being a member of a rival gang opened fire at individuals who were standing in a parking lot outside of a memorial gathering at a party venue on Main Street in Hartford, surveillance cameras at the location recorded at least nine individuals drawing firearms, some of whom returned fire.  Shot Spotter technology recorded nearly 50 shots fired within approximately 90 seconds in and around the location, and law enforcement recovered at least 31 shell casings from the scene.  Grant was present at the memorial gathering and was recorded on surveillance videos brandishing a handgun.

    Following the shooting, Hartford Police obtained a warrant for Grant’s arrest in relation to the April 18 shootout.  At the time, Grant was also subject to two additional state arrest warrants for other alleged offenses.  On May 7, 2022, officers encountered Grant in the driver’s seat of a parked vehicle, retrieved a loaded Ruger P90 .45 firearm from beneath the driver’s seat, and took Grant into custody.

    Grant’s criminal history includes state felony convictions for robbery and larceny offenses.  It is a violation of federal law for a person previously convicted of a felony offense to possess a firearm or ammunition that has moved in interstate or foreign commerce.

    On October 11, 2024, Grant pleaded guilty to unlawful possession of a firearm by a felon.

    Grant is detained in state custody, and state charges against him are pending.

    This investigation was conducted by the Federal Bureau of Investigation’s Northern Connecticut Gang Task Force; the Bureau of Alcohol, Tobacco, Firearms and Explosives; and the Hartford Police Department.  The case was prosecuted by Assistant U.S. Attorneys Robert S. Dearington and John T. Pierpont, Jr.

    U.S. Attorney Sullivan thanked the Hartford State Attorney’s Office for its cooperation in the investigation and prosecution of this matter.

    This case is part of Project Safe Neighborhoods (PSN), a program bringing together all levels of law enforcement and the communities they serve to reduce gun violence and other violent crime, and to make our neighborhoods safer for everyone.  For more information about Project Safe Neighborhoods, please visit www.justice.gov/psn.

    MIL Security OSI –

    June 28, 2025
  • MIL-OSI: EnigmaFund Venture Capital Launches Strategic Solana Reserve ($SSR)

    Source: GlobeNewswire (MIL-OSI)

    Mimetic Cross-Chain Index Fund Debuts with Over $28M Trading Volume in 24 Hours

    BELIZE CITY, Belize, June 27, 2025 (GLOBE NEWSWIRE) — EnigmaFund Venture Capital, a web3-focused venture capital fund and advisory, announces the stealth launch of the Strategic Solana Reserve ($SSR) index fund on Pump.fun.

    Initially perceived as a meme token, $SSR is now unveiled as the cornerstone of an ambitious cross-chain index fund poised to redefine decentralized finance (DeFi) investment opportunities.

    The Strategic Solana Reserve ($SSR) is designed to harness the high-performance, low-cost capabilities of the Solana blockchain while integrating cross-chain assets to create a diversified, resilient, and accessible index fund. This initiative reflects EnigmaFund’s commitment to bridging traditional finance with the rapidly evolving world of DeFi, fostering a retail-centric approach to accessibility.

    “$SSR – and the Strategic Solana Reserve – is designed to give retail investors a really simple mimetic way to get exposure to the Solana, and later other, ecosystem value creation. When we launched we received over $28M in trading volume generated on-chain in less than 24 hours. The response was overwhelming,” said Enigma, General Partner and Founder of EnigmaFund Venture Capital.

    “When it happened, we had $1M USD of unlocked tokens in our wallets and chose not to sell, avoiding harm to early participants. Some may see DeFi as a casino, but that’s not our vision or what we are committed to. We’ve since invested months of work and substantial capital into a rapidly forming strategy. Soon the full vision of a robust, cross-chain index fund built on Solana’s scalability and speed will become evident. I think the 2,000% increase in value of $SSR over the past 4 weeks reflects that,” Enigma added.

    Embracing the memetic qualities of the Strategic Solana Reserve, the team has dedicated significant hours to design and storytelling, crafting a compelling lore centered around the chairman of the reserve. This character champions “Eagleitarianism,” adding a unique narrative to the project.

    The mission of the Strategic Solana Reserve includes supporting builders and injecting liquidity into top-tier assets, all tracked in a live, on-chain index fund. Initially launching on Solana, $SSR will support legitimate projects, builders, and communities.

    “Our goal is to demonstrate that projects like $SSR can embrace the worlds of decentralized finance and memes in an upstanding, transparent, and accessible way. DeFi is often seen as a lofty concept, but $SSR offers a fresh perspective on how such projects can operate. Platforms like Pump.fun are powerful, community-centric collaboration tools, far beyond their simplistic portrayals,” said Enigma.

    The $SSR token will retain its meme status, fueled by buybacks from the index fund’s profits, with proceeds locked in three-year linear vesting schedules, all conducted on-chain.

    For more information about the Strategic Solana Reserve ($SSR) and EnigmaFund Venture Capital, visit www.enigma-fund.com or follow for updates.

    About EnigmaFund Venture Capital

    EnigmaFund Venture Capital is a forward-thinking investment firm and advisory specializing in blockchain technology and decentralized finance. With a mission to drive innovation and accessibility in the digital economy, EnigmaFund supports groundbreaking teams and projects with capital, creativity, and mindshare.

    About the Strategic Solana Reserve

    .$SSR is the official meme of the Strategic Solana Reserve. Launched by EngimaFund Venture Capital, the SSR is designed to restore liquidity to the best projects in Web3 and support their teams and communities. A the heart of the SSR is a plan to incept a series of cross-chain index funds with initial liquidity incepted by EngimaFund.

    Discover more about $SSR, The Strategic Solana Reserve index fund.

    Note: EnigmaFund Venture Capital encourages media outlets to verify details and reach out for interviews or additional information

    Media Contact:

    Contact Person: Khine Zin
    Website: www.enigma-fund.com
    Email: enigma@enigma-fund.com
    X – https://x.com/enigmafund

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

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/e064f355-4851-486a-93c2-c67d16827706

    https://www.globenewswire.com/NewsRoom/AttachmentNg/1988d0e2-d9f7-497b-9725-7322d9ab4cc3

    https://www.globenewswire.com/NewsRoom/AttachmentNg/b9a9c937-dc2e-4d93-975f-48a3749d21ff

    The MIL Network –

    June 28, 2025
  • MIL-OSI: ETF Buzz Around Ethereum, SHIB, and Solana Fuels Meme Coin Rally—LILPEPE Presale Tops $2.5M

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, June 27, 2025 (GLOBE NEWSWIRE) — Little Pepe has taken the meme coin industry by storm, with presale stage 3 officially closed and over $2.5M raised. Now in its fourth presale phase, the LILPEPE token is gaining momentum, effective for its meme enchantment and also for its utility within a dedicated Layer 2 blockchain space. Moreover, the broader crypto market is witnessing renewed optimism following ETF developments tied to Ethereum, SHIB, and Solana, in addition fueling interest in high-upside altcoins like LILPEPE.

    Little Pepe: The Meme Coin with Real Infrastructure

    Little Pepe is redefining what meme coins can be by merging viral culture with real blockchain scalability. Rather than relying purely on momentum, it offers a full-stack ecosystem where utility drives ongoing demand. At the same time, its strong connection to meme culture keeps the community actively engaged and fuels continuous excitement.

    $LILPEPE is an ERC-20 token and the native utility token of the Little Pepe space. Little Pepe is a next-gen Layer 2 blockchain designed to supply fast transactions, security, and ultra-low fees—even as it embraces the viral enchantment of meme culture. Built with EVM compatibility, it offers a seamless experience for builders and users alike, permitting DeFi apps, NFTs, and meme-based games to thrive within its surroundings.

    LILPEPE Presale Success

    LILPEPE presale’s rapid growth is a clear reflection of increasing investor enthusiasm. With each presale round selling out quickly, LILPEPE has already raised over $2.5 million from early supporters. The project’s commitment to transparency, utility, and community-building is driving momentum, as crypto traders look for meme coins with stronger fundamentals. LILPEPE is available exclusively through its official website at LittlePepe.com, ensuring safety and clarity for new buyers.

    ETF Momentum Revives Altcoin and Meme Coin Markets

    Discussions around Ethereum and Solana-based ETFs heat up, institutional capital is beginning to trickle into altcoins. Meanwhile, meme coins like SHIB and PEPE are seeing renewed enthusiasm, not just from retail traders, but also from influencers and crypto media.

    This ETF-driven optimism is reviving speculative appetite, and meme projects like LILPEPE are uniquely poised to benefit. With a combination of real blockchain architecture and meme culture resonance, LILPEPE is tapping into both the emotional energy of the meme world and the technical backbone of modern DeFi infrastructure.

    Built for the Meme Economy of the Future

    Little Pepe is not a one-off token—it’s an entire ecosystem designed for long-term scalability. Its Layer 2 architecture is optimized for lightning-fast transactions, fractional costs, and developer accessibility. NFT creators, memecoin traders, and even DeFi builders can deploy seamlessly on the Little Pepe Chain using the same tools they use on Ethereum—only faster and cheaper.

    The project’s roadmap includes partnerships with community-driven NFT projects, staking dApps, meme games, and a governance protocol that empowers $LILPEPE holders to shape the future of the network. Combined with an ever-growing online community, the project is laying the foundation for a meme-powered economy that is built to last.

    About Little Pepe

    Little Pepe is a next-gen Layer 2 blockchain designed to merge the meme culture with high-speed, low-cost decentralized infrastructure. Built for scalability, security, and accessibility, Little Pepe Chain helps EMV-compatible applications and is fueled by means of the $LILPEPE token. The project’s mission is to create a meme coin environment wherein utility meets virality, empowering users through cutting-edge technology and lightning-fast transactions.

    For more information:
    Website: https://littlepepe.com/
    Telegram: https://t.me/littlepepetoken
    Twitter: https://x.com/littlepepetoken

    Contact Details:
    COO- James Stephen
    media@littlepepe.com

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

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/86da64cc-e81e-4ff1-9eaf-3a3c24f83e29

    The MIL Network –

    June 28, 2025
  • MIL-OSI: ETF Buzz Around Ethereum, SHIB, and Solana Fuels Meme Coin Rally—LILPEPE Presale Tops $2.5M

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, United Arab Emirates, June 27, 2025 (GLOBE NEWSWIRE) — Little Pepe has taken the meme coin industry by storm, with presale stage 3 officially closed and over $2.5M raised. Now in its fourth presale phase, the LILPEPE token is gaining momentum, effective for its meme enchantment and also for its utility within a dedicated Layer 2 blockchain space. Moreover, the broader crypto market is witnessing renewed optimism following ETF developments tied to Ethereum, SHIB, and Solana, in addition fueling interest in high-upside altcoins like LILPEPE.

    Little Pepe: The Meme Coin with Real Infrastructure

    Little Pepe is redefining what meme coins can be by merging viral culture with real blockchain scalability. Rather than relying purely on momentum, it offers a full-stack ecosystem where utility drives ongoing demand. At the same time, its strong connection to meme culture keeps the community actively engaged and fuels continuous excitement.

    $LILPEPE is an ERC-20 token and the native utility token of the Little Pepe space. Little Pepe is a next-gen Layer 2 blockchain designed to supply fast transactions, security, and ultra-low fees—even as it embraces the viral enchantment of meme culture. Built with EVM compatibility, it offers a seamless experience for builders and users alike, permitting DeFi apps, NFTs, and meme-based games to thrive within its surroundings.

    LILPEPE Presale Success

    LILPEPE presale’s rapid growth is a clear reflection of increasing investor enthusiasm. With each presale round selling out quickly, LILPEPE has already raised over $2.5 million from early supporters. The project’s commitment to transparency, utility, and community-building is driving momentum, as crypto traders look for meme coins with stronger fundamentals. LILPEPE is available exclusively through its official website at LittlePepe.com, ensuring safety and clarity for new buyers.

    ETF Momentum Revives Altcoin and Meme Coin Markets

    Discussions around Ethereum and Solana-based ETFs heat up, institutional capital is beginning to trickle into altcoins. Meanwhile, meme coins like SHIB and PEPE are seeing renewed enthusiasm, not just from retail traders, but also from influencers and crypto media.

    This ETF-driven optimism is reviving speculative appetite, and meme projects like LILPEPE are uniquely poised to benefit. With a combination of real blockchain architecture and meme culture resonance, LILPEPE is tapping into both the emotional energy of the meme world and the technical backbone of modern DeFi infrastructure.

    Built for the Meme Economy of the Future

    Little Pepe is not a one-off token—it’s an entire ecosystem designed for long-term scalability. Its Layer 2 architecture is optimized for lightning-fast transactions, fractional costs, and developer accessibility. NFT creators, memecoin traders, and even DeFi builders can deploy seamlessly on the Little Pepe Chain using the same tools they use on Ethereum—only faster and cheaper.

    The project’s roadmap includes partnerships with community-driven NFT projects, staking dApps, meme games, and a governance protocol that empowers $LILPEPE holders to shape the future of the network. Combined with an ever-growing online community, the project is laying the foundation for a meme-powered economy that is built to last.

    About Little Pepe

    Little Pepe is a next-gen Layer 2 blockchain designed to merge the meme culture with high-speed, low-cost decentralized infrastructure. Built for scalability, security, and accessibility, Little Pepe Chain helps EMV-compatible applications and is fueled by means of the $LILPEPE token. The project’s mission is to create a meme coin environment wherein utility meets virality, empowering users through cutting-edge technology and lightning-fast transactions.

    For more information:
    Website: https://littlepepe.com/
    Telegram: https://t.me/littlepepetoken
    Twitter: https://x.com/littlepepetoken

    Contact Details:
    COO- James Stephen
    media@littlepepe.com

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

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/86da64cc-e81e-4ff1-9eaf-3a3c24f83e29

    The MIL Network –

    June 28, 2025
  • MIL-OSI Russia: World Bank Group and IAEA formally launch cooperation on nuclear energy for development

    Translation. Region: Russian Federal

    Source: International Atomic Energy Agency –

    The World Bank Group and the International Atomic Energy Agency (IAEA) have signed an agreement to work together to support the responsible use of nuclear energy in developing countries, based on safety and security principles. The partnership agreement, signed by World Bank Group President Ajay Banga and IAEA Director General Rafael Mariano Grossi, formalizes numerous contacts between the two organizations over the past year and marks the first concrete step in decades by the World Bank Group to resume cooperation on nuclear energy.

    Moreover, the agreement reflects the World Bank Group’s new, broader approach to electrification – one that prioritizes affordability, affordability, and reliability, as well as responsible emissions management. With electricity demand in developing countries estimated to more than double by 2035, this approach aims to help countries meet their populations’ energy needs in ways that best fit their national context, including development goals and nationally determined contributions.

    Nuclear power provides continuous baseload power while increasing grid stability and resilience. Reliable baseload power is essential for many job-creating sectors, including infrastructure, agribusiness, healthcare, tourism and manufacturing. Nuclear power also provides high-skilled jobs and stimulates investment in the wider economy. It can also adapt to changes in electricity demand and support frequency regulation, enabling greater integration of variable renewables.

    “Jobs need electricity. So do factories, hospitals, schools, and water supplies. As demand grows — driven by both artificial intelligence and development challenges — we must help countries ensure reliable, affordable electricity. That’s why we see nuclear power as part of the solution — and why we’re revisiting it as part of the World Bank Group’s portfolio of ways to help developing countries realize their ambitions. Nuclear power also provides baseload power, the foundation on which modern economies are built,” said World Bank Group President Ajay Banga. “Our partnership with the IAEA marks an important step in that direction, and I’m grateful to Rafael for his personal commitment and leadership in making this possible. Together, we will expand our expertise, support countries as they choose nuclear power, and ensure that future work is guided by nuclear safety, security, and sustainability.”

    “Today’s agreement is a significant milestone and the culmination of a year of work together since President Ajay Banga kindly invited me to the World Bank Group Executive Board meeting in Washington last June,” said IAEA Director General Grossi. “This landmark partnership, another sign of the world’s return to realism on nuclear energy, opens the door to other multilateral development banks and private investors who see nuclear energy as a viable tool for energy security and sustainable prosperity. Together, we can help more people build a better future.”

    Under the memorandum of understanding signed today, the IAEA will cooperate with the World Bank Group in three key areas:

    Building nuclear knowledge – to enhance the World Bank Group’s understanding of nuclear safety, security, safeguards, energy planning, emerging technologies, fuel cycles, plant life cycles and waste management; Extending the lives of existing nuclear power plants – to support developing countries in safely extending the lives of existing nuclear power plants, which are one of the most cost-effective sources of low-carbon energy, given that many of the world’s nuclear plants are approaching the end of their original 40-year design lives; Advanced SMR technologies – to accelerate the development of small modular reactors (SMRs), which offer flexible deployment options, lower upfront costs and the potential for widespread deployment in developing economies.

    Nuclear power plants currently operate in 31 countries, collectively accounting for about 9% of the world’s electricity generation, or nearly a quarter of all low-carbon generation. More than 30 other countries, most of them developing countries, are considering or are already introducing nuclear power and are working with the IAEA to establish the necessary infrastructure to implement nuclear safety, security, and sustainability principles in this area.

    “SMRs have enormous potential for clean, reliable energy systems and poverty alleviation, but funding hurdles remain,” added Director General Grossi. “Today’s agreement is an important first step to clearing the way for them.”

    About the World Bank Group: The World Bank Group is dedicated to achieving a world free from poverty on a planet fit for habitation, using a combination of financing, knowledge, and expertise. It comprises the World Bank, including the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA); the International Finance Corporation (IFC); the Multilateral Investment Guarantee Agency (MIGA); and the International Centre for Settlement of Investment Disputes (ICSID). For more information, visitVBV.Vorldbank.org,Ida. Voraldbank.org/EN/Hyome,BBV Miga.org,BBV. ifk.org AndGDV. Iks.vorldbank.org.

    About the International Atomic Energy Agency (IAEA): The IAEA is an international organization whose aim is to promote the peaceful uses of nuclear energy and prevent its use for military purposes. The IAEA supports its Member States in building a reliable and resilient infrastructure based on the principles of nuclear safety and security, and applies safeguards to verify the peaceful use of nuclear materials and technology.

    Contacts:

    The World Bank Group (London): David Young, 1 (202) 473-4691,Döung7@vorldbankgroup.org

    International Atomic Energy Agency (Vienna): Jeffrey Donovan, 43 699 165 22443,jrdonovan@iaea.org

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

    MIL OSI Russia News –

    June 28, 2025
  • MIL-OSI Security: Four Charged in the Nation’s Largest Known COVID Tax Credit Fraud Scheme

    Source: US FBI

    Two Defendants Charged with Attempting to Murder Ringleader of the Fraud

    FBI and IRS-CI agents arrested multiple people today for their roles in a $93 million COVID-19 tax credit fraud scheme—considered to be the largest ever identified. Two of the defendants are also charged for attempting to murder the ringleader of the scheme.

    On June 11, 2025, a federal grand jury returned an indictment in Los Angeles that was unsealed today charging four defendants with conspiracy to commit mail fraud; mail fraud; and conspiracy to submit false claims. Two of the defendants are also charged with attempting to kill a witness and using a firearm in furtherance of that crime.

    Those charged in the indictment are:

    • Kristerpher Turner, aka “Kris Turner,” “Red,” “Red Boy,” and “Bullet,” 52, of Harbor City, California.
    • Toriano Knox, aka “Scooby,” and “Dwight,” 55, of Los Angeles, California.
    • Kenya Jones, aka “Kenya Emua Jones,” and “Kenya Hunt,” 46, of Compton, California.
    • Joyce Johnson, a.k.a. “Ms. Jay,” 55, of Victorville, California.

    During the COVID-19 pandemic, Congress authorized tax credits, including “sick and family wage credits,” otherwise known as Coronavirus Response Credits, to help alleviate the impact of COVID-19, via the Family First Coronavirus Response Act. Small businesses could seek refunds on business tax returns claiming the credit. Authorized tax credits would reimburse businesses for the wages paid to employees who could not work because of the pandemic.

    According to the indictment, defendant Turner operated a tax fraud scheme whereby he and his co-conspirators would submit fraudulent forms to Coronavirus Response Credits for businesses, including bogus companies, that did not pay any sick and family wage credits to any employees at any time. Defendant Turner and his co-conspirators would submit these fraudulent filings on behalf of their own purported businesses, but also on behalf of others recruited to the scheme.

    Defendant Turner would direct and manage recruiters, including defendant Knox and Jones, to recruit fraud clients, including romantic partners. According to the indictment, Jones recruited her family and friends to the fraud, resulting in false forms being submitted in the names of multiple businesses. Fraud clients would provide their personal identifying information to be used to establish fake businesses and prepare fraudulent tax filings. Others would provide information about preexisting businesses that were ineligible to receive Coronavirus Response Credits so that the co-conspirators could use that information to file fraudulent tax filings on behalf of those businesses.

    Fraud participants would receive U.S. Treasury checks in the mail as a result of the conspiracy’s fraudulent tax filings and would attempt to deposit those Treasury Checks in business accounts opened in the name of the fake businesses at various banks.

    For each fraud client that obtained Treasury checks through this conspiracy, defendant Turner would charge a percentage of the fraud proceeds that amounted to somewhere between 20 to 40 percent of funds received. Defendant Turner would direct fraud clients and his recruiters to pay a portion of the fraud proceeds to him personally or to entities controlled by him, or his co-conspirators, as kickbacks, including through cashiers’ checks, money transfer services, or cash.

    In total, from approximately June 2020 and December 2024, the defendants and their co-conspirators submitted and caused the submission of fraudulent forms for at least 148 companies, seeking a total of approximately $247,956,938 in tax refunds to which they were not entitled. In reliance on the fraudulent forms and the false statements, the IRS issued Treasury checks in the total amount of at least approximately $93 million.

    At some point during the scheme, the now-defendants learned that the IRS and others were making inquiries about their fraudulent activity. According to the indictment, on or about August 29, 2023, defendants Knox, Jones, and others known and unknown to the grand jury, attempted to kill defendant Kristerpher Turner in order to prevent him from speaking to law enforcement about the fraud. Turner was shot multiple times in broad daylight at an office park in Gardena. He survived and is paralyzed. Knox and Jones are also charged with using a firearm in the furtherance of a crime of violence.

    An indictment contains allegations that a defendant has committed a crime. Every defendant is presumed to be innocent until and unless proven guilty in court.

    If convicted of the charges, the defendants would face a statutory maximum sentence of 20 years in federal prison on each mail fraud charge. Knox and Jones would face life imprisonment on the firearm charge and 30 years on the attempted murder charge.

    This case is being investigated by the FBI, TIGTA, and the IRS—Criminal Investigation.

    Assistant U.S. Attorneys Kevin Reidy and Haoxiaohan Cai of the Major Frauds Section, and Kevin J. Butler of the Violent and Organized Crime Section are prosecuting this case.

    MIL Security OSI –

    June 28, 2025
  • MIL-OSI Canada: Seafood Companies Receive Climate Change Funding

    Source: Government of Canada regional news

    NOTE: The list of funding recipients and projects follows this release.

    The Province is supporting 22 seafood companies and related organizations throughout Nova Scotia to support efforts in lowering their carbon emissions.

    The Fisheries and Aquaculture Energy Efficiency Innovation Fund is investing $1.73 million in projects that range from electrifying vessels to installing solar systems.

    “Our seafood sector is a key partner in addressing climate change,” said Kent Smith, Minister of Fisheries and Aquaculture. “This funding will help seafood organizations in their efforts to reduce fossil fuel consumption and greenhouse gas emissions, while also helping the industry lower its operational costs.”

    The three-year fund, administered by Efficiency Nova Scotia, will provide a total of $6.5 million to industry climate change projects.

    There will be a third call for project funding applications later this year.

    Quotes:

    “Nova Scotia’s fisheries and aquaculture industry is a cornerstone of our economy, supporting jobs and communities across the province. Energy efficiency is a powerful way for organizations in the sector to reduce costs and boost productivity both in the short and long term – and this fund is helping more businesses adopt innovative, energy-efficient practices that support a more resilient and sustainable future. We’re excited to see the initiatives from these new fund recipients come to life, driving innovation and sustainability across the sector.”
    — Stephen MacDonald, President and CEO, EfficiencyOne

    “Nova Scotia produces the best seafood in the world and the investments announced today will help make our processing sector more efficient and productive. With the many challenges Canada has faced lately, every step in streamlining and modernizing our sector is vital in competing globally and supporting communities and jobs at home. These investments show that the Province understands these challenges and is working to grow the sector.”
    — Ian McIsaac, President, Seafood Producers Association of Nova Scotia

    Quick Facts:

    • 36 projects have received funding to date through the Fisheries and Aquaculture Energy Efficiency Innovation Fund, totalling $3.54 million
    • the fund is a commitment in Our Climate, Our Future: Nova Scotia’s Climate Change Plan for Clean Growth
    • the Department of Energy provided $2 million to the fund
    • the Nova Scotia Fisheries and Aquaculture Loan Board will make available $10 million over three years in dedicated lending to support eligible applicants

    Additional Resources:

    Fisheries and Aquaculture Energy Efficiency Innovation Fund: https://www.efficiencyns.ca/business/business-types/agriculture/fisheries-and-aquaculture-energy-efficiency-innovation-fund/

    Nova Scotia Fisheries and Aquaculture Loan Board lending program: https://nsfishloan.ca/energy-efficiency

    Our Climate, Our Future: Nova Scotia’s Climate Change Plan for Clean Growth: https://climatechange.novascotia.ca/sites/default/files/uploads/ns-climate-change-plan.pdf


    Approved projects:

    • Mersey Seafoods – $28,000 toward wharf electrification infrastructure to eliminate idling of three vessels while tied up at the wharf

    • Waycobah First Nation – $18,953 for data logging on lobster vessel to explore potential for future vessel electrification

    • Membertou Fisheries Ltd. Partnership – $250,000 for charging infrastructure to support electric lobster vessel

    • Asadalia Fisheries – $250,000 for a hybrid diesel-electric lobster vessel

    • Canadian Red Crab Co. Ltd. – $38,500 for a two-degree heat exchanger in their live lobster holding facility, to reduce refrigeration loads

    • Saww Lobster Inc. – $18,000 for a floating head condenser refrigeration for their live lobster holding facility

    • RRPM Lobster Inc. – $97,500 for floating head refrigeration and two-degree heat exchanger for the refurbishment of their lobster pound

    • Twin Seafood Ltd. – $52,500 for floating head refrigeration in their live lobster holding facility

    • Deep Cove Aqua Farms Ltd. – $100,000 for floating head refrigeration and two-degree heat exchanger to expand their live lobster holding capacity

    • Lobster Hub Inc. – $100,000 for floating head refrigeration and two-degree heat exchanger for a new lobster pound

    • Age Lobster Inc. – $25,000 to add floating head refrigeration and two-degree heat exchanger to their currently unrefrigerated tanks

    • Emery Smith Fisheries Ltd. – $100,000 for floating head refrigeration, two-degree heat exchanger and settling tank to assist with water level issues at their live lobster holding facility

    • Fisherman’s Market International Inc. – $35,000 for floating head refrigeration in their live lobster holding facility to help reduce their electrical load

    • Hot Lobster Fisheries Ltd. – $56,984 for a ground-mounted solar photovoltaic system to offset their lobster processing facility

    • Hailmar Investments Ltd. – $100,000 for a roof-mounted solar photovoltaic system to offset their electrical load at their lobster pound

    • South Shore Lobster Ltd. – $87,155 for a roof-mounted solar photovoltaic system to offset their electrical load at their lobster pound

    • Shoal Cove Developments – $24,826 for a roof-mounted solar photovoltaic system at their marine/boat repair shop

    • Shandaph Oysters Co. Inc. – $33,997 for a roof-mounted solar photovoltaic system with storage capability to electrify their off -grid aquaculture operations

    • Ryan’s Fancy Fisheries Ltd. – $67,571 for a roof-mounted solar photovoltaic system on infrastructure supporting their commercial fishing operations at two sites

    • Innovative Fishery Products – $95,165 for a ground-mounted solar photovoltaic system at their operational facility

    • Aqualitas Inc. – $100,000 for a ground-mounted solar photovoltaic system at their finfish aquaculture facility

    • Right Source Group Ltd. – $50,867 for a roof-mounted solar photovoltaic system at their seafood processing facility

    MIL OSI Canada News –

    June 28, 2025
  • MIL-OSI Security: Court Orders Over $1.5 Million in Restitution for Survivors of Convicted Sex Trafficker

    Source: United States Department of Justice (Human Trafficking)

    BOSTON – This week, a federal judge in Boston ordered restitution in the amount of $1,510,300 to be paid to the survivors victimized by Jermall Anderson who sex trafficked seven women over the span of four years.

    On March 12, 2025, Anderson, 45, of Tewksbury, Mass. was sentenced to 15 years in prison for sex trafficking women throughout New England, New York and New Jersey. In November 2024, Anderson pleaded guilty to seven counts of sex trafficking by force, fraud and coercion; one count of coercion and enticement; and one count of interstate transportation for the purpose of prostitution. He was indicted in August 2023 along with two co-conspirators.

    In today’s order, the Court awarded the following restitution amounts directly payable to each of the seven separate survivors, based upon their testimony and other information regarding Anderson’s sex trafficking operation:

    • Survivor 1: $508,000
    • Survivor 2: $40,000
    • Survivor 3: $91,300
    • Survivor 4: $252,000
    • Survivor 5: $264,000
    • Survivor 6: $10,000
    • Survivor 7: $345,000

    From 2012 through 2016, Anderson, along with his co-conspirators, used physical violence, threats and the giving and withholding of heroin and cocaine to force seven different women to prostitute on their behalf. Anderson and his co-conspirators targeted vulnerable victims, specifically those struggling from drug addiction, homelessness and lack of economic resources. Anderson recruited women struggling with drug addiction directly from detox and drug rehabilitation facilities and forced and coerced them into providing commercial sex for his financial benefit.

    Under federal criminal code, 18 USC § 1593, victims of sex trafficking offenses are entitled to restitution for losses associated with the criminal offense. The United States Attorney’s Office is charged with the enforcement of court-imposed restitution orders or judgments. Collection will continue for 20 years after a defendant has completed any period of incarceration or until restitution is paid in full.

    If you or someone you know may be impacted or experiencing commercial sex trafficking, please contact USAMA.VictimAssistance@usdoj.gov.

    United States Attorney Leah B. Foley and Michael J. Krol, Special Agent in Charge of Homeland Security Investigations in New England made the announcement today. Valuable assistance was provided by the HSI Office in New Haven, Conn., the Lynn and Tewksbury Police Departments (Mass.) and the Hampden (Conn.) Police Department. Assistant U.S. Attorney Stephen W. Hassink of the Narcotics & Money Laundering Unit prosecuted the case.

    MIL Security OSI –

    June 28, 2025
  • MIL-OSI: Trade Crypto Futures with 100x Leverage – No KYC, Double Deposit Bonus & $50 Welcome Bonus for Everyone on BexBack!

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, June 27, 2025 (GLOBE NEWSWIRE) — As the price of Bitcoin surpassed the $100,000 mark and subsequently stabilized above $100,000, many analysts believe that it will enter a long-term high-volatility market. Holding spot positions may not continue to generate profits in the short term. BexBack Exchange is stepping up its efforts to provide traders with irresistible preferential packages. The platform now offers a 100% deposit bonus, a $50 welcome bonus for new users, and a 100x leverage on cryptocurrency trading, creating unparalleled opportunities for investors.

    What Is 100x Leverage and How Does It Work?

    Simply put, 100x leverage allows you to open larger trading positions with less capital. For example:

    Suppose the Bitcoin price is $100,000 that day, and you open a long contract with 1 BTC. After using 100x leverage, the transaction amount is equivalent to 100 BTC.

    One day later, if the price rises to $105,000, your profit will be (105,000 – 100,000) * 100 BTC / 100,000 = 5 BTC, a yield of up to 500%.

    With BexBack’s deposit bonus

    BexBack offers a 100% deposit bonus. If the initial investment is 2 BTC, the profit will increase to 10 BTC, and the return on investment will double to 1000%.

    Note: Although leveraged trading can magnify profits, you also need to be wary of liquidation risks.

    How Does the 100% Deposit Bonus Work?
    The deposit bonus from BexBack cannot be directly withdrawn but can be used to open larger positions and increase potential profits. Additionally, during significant market fluctuations, the bonus can serve as extra margin, effectively reducing the risk of liquidation.

    About BexBack?

    BexBack is a top-tier cryptocurrency derivatives platform offering up to 100x leverage on BTC, ETH, ADA, SOL, XRP, and over 50 other futures contracts. Headquartered in Singapore, with additional offices in Hong Kong, Japan, the United States, the UK, and Argentina, BexBack is licensed as a US MSB (Money Services Business). Trusted by more than 500,000 traders globally, the platform welcomes users from the US, Canada, and Europe. BexBack offers zero deposit fees and provides comprehensive customer service available 24/7 to ensure an exceptional trading experience.

    Why recommend BexBack?

    No KYC Required: Start trading immediately without complex identity verification.

    100% Deposit Bonus: Double your funds, double your profits.

    High-Leverage Trading: Offers up to 100x leverage, maximizing investors’ capital efficiency.

    Demo Account: Comes with 10 BTC and 1M USDT in virtual funds, ideal for beginners to practice risk-free trading.

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    Lucrative Affiliate Rewards: Earn up to 50% commission, perfect for promoters.

    Take Action Now—Don’t Miss Another Opportunity!

    If you missed the previous crypto bull run, this could be your chance. With BexBack’s 100x leverage and 100% deposit bonus and $50 bonus for new users (Deposit greater than 0.001BTC or 100 USDT, complete one trade within one week of registration), you can be a winner in the new bull run.

    Sign up on BexBack now, claim your exclusive bonus and start accumulating more BTC today!

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

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

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/6c3122fb-75bf-451c-a12b-ae6dd61f1dd8

    https://www.globenewswire.com/NewsRoom/AttachmentNg/10adb2fb-ad23-4a24-a669-b7aa9e911350

    https://www.globenewswire.com/NewsRoom/AttachmentNg/e4ab10c8-3f69-4b9d-8d32-a74d6a4f10be

    https://www.globenewswire.com/NewsRoom/AttachmentNg/e93cb708-e367-4aef-a2c4-3a3bd5a11ce2

    The MIL Network –

    June 28, 2025
  • MIL-OSI: Trade Crypto Futures with 100x Leverage – No KYC, Double Deposit Bonus & $50 Welcome Bonus for Everyone on BexBack!

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, June 27, 2025 (GLOBE NEWSWIRE) — As the price of Bitcoin surpassed the $100,000 mark and subsequently stabilized above $100,000, many analysts believe that it will enter a long-term high-volatility market. Holding spot positions may not continue to generate profits in the short term. BexBack Exchange is stepping up its efforts to provide traders with irresistible preferential packages. The platform now offers a 100% deposit bonus, a $50 welcome bonus for new users, and a 100x leverage on cryptocurrency trading, creating unparalleled opportunities for investors.

    What Is 100x Leverage and How Does It Work?

    Simply put, 100x leverage allows you to open larger trading positions with less capital. For example:

    Suppose the Bitcoin price is $100,000 that day, and you open a long contract with 1 BTC. After using 100x leverage, the transaction amount is equivalent to 100 BTC.

    One day later, if the price rises to $105,000, your profit will be (105,000 – 100,000) * 100 BTC / 100,000 = 5 BTC, a yield of up to 500%.

    With BexBack’s deposit bonus

    BexBack offers a 100% deposit bonus. If the initial investment is 2 BTC, the profit will increase to 10 BTC, and the return on investment will double to 1000%.

    Note: Although leveraged trading can magnify profits, you also need to be wary of liquidation risks.

    How Does the 100% Deposit Bonus Work?
    The deposit bonus from BexBack cannot be directly withdrawn but can be used to open larger positions and increase potential profits. Additionally, during significant market fluctuations, the bonus can serve as extra margin, effectively reducing the risk of liquidation.

    About BexBack?

    BexBack is a top-tier cryptocurrency derivatives platform offering up to 100x leverage on BTC, ETH, ADA, SOL, XRP, and over 50 other futures contracts. Headquartered in Singapore, with additional offices in Hong Kong, Japan, the United States, the UK, and Argentina, BexBack is licensed as a US MSB (Money Services Business). Trusted by more than 500,000 traders globally, the platform welcomes users from the US, Canada, and Europe. BexBack offers zero deposit fees and provides comprehensive customer service available 24/7 to ensure an exceptional trading experience.

    Why recommend BexBack?

    No KYC Required: Start trading immediately without complex identity verification.

    100% Deposit Bonus: Double your funds, double your profits.

    High-Leverage Trading: Offers up to 100x leverage, maximizing investors’ capital efficiency.

    Demo Account: Comes with 10 BTC and 1M USDT in virtual funds, ideal for beginners to practice risk-free trading.

    Comprehensive Trading Options: Feature-rich trading available via Web and mobile applications.

    Convenient Operation: No slippage, no spread, and fast, precise trade execution.

    Global User Support: Enjoy 24/7 customer service, no matter where you are.

    Lucrative Affiliate Rewards: Earn up to 50% commission, perfect for promoters.

    Take Action Now—Don’t Miss Another Opportunity!

    If you missed the previous crypto bull run, this could be your chance. With BexBack’s 100x leverage and 100% deposit bonus and $50 bonus for new users (Deposit greater than 0.001BTC or 100 USDT, complete one trade within one week of registration), you can be a winner in the new bull run.

    Sign up on BexBack now, claim your exclusive bonus and start accumulating more BTC today!

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

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

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/6c3122fb-75bf-451c-a12b-ae6dd61f1dd8

    https://www.globenewswire.com/NewsRoom/AttachmentNg/10adb2fb-ad23-4a24-a669-b7aa9e911350

    https://www.globenewswire.com/NewsRoom/AttachmentNg/e4ab10c8-3f69-4b9d-8d32-a74d6a4f10be

    https://www.globenewswire.com/NewsRoom/AttachmentNg/e93cb708-e367-4aef-a2c4-3a3bd5a11ce2

    The MIL Network –

    June 28, 2025
  • MIL-OSI: Trade Crypto Futures with 100x Leverage – No KYC, Double Deposit Bonus & $50 Welcome Bonus for Everyone on BexBack!

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, June 27, 2025 (GLOBE NEWSWIRE) — As the price of Bitcoin surpassed the $100,000 mark and subsequently stabilized above $100,000, many analysts believe that it will enter a long-term high-volatility market. Holding spot positions may not continue to generate profits in the short term. BexBack Exchange is stepping up its efforts to provide traders with irresistible preferential packages. The platform now offers a 100% deposit bonus, a $50 welcome bonus for new users, and a 100x leverage on cryptocurrency trading, creating unparalleled opportunities for investors.

    What Is 100x Leverage and How Does It Work?

    Simply put, 100x leverage allows you to open larger trading positions with less capital. For example:

    Suppose the Bitcoin price is $100,000 that day, and you open a long contract with 1 BTC. After using 100x leverage, the transaction amount is equivalent to 100 BTC.

    One day later, if the price rises to $105,000, your profit will be (105,000 – 100,000) * 100 BTC / 100,000 = 5 BTC, a yield of up to 500%.

    With BexBack’s deposit bonus

    BexBack offers a 100% deposit bonus. If the initial investment is 2 BTC, the profit will increase to 10 BTC, and the return on investment will double to 1000%.

    Note: Although leveraged trading can magnify profits, you also need to be wary of liquidation risks.

    How Does the 100% Deposit Bonus Work?
    The deposit bonus from BexBack cannot be directly withdrawn but can be used to open larger positions and increase potential profits. Additionally, during significant market fluctuations, the bonus can serve as extra margin, effectively reducing the risk of liquidation.

    About BexBack?

    BexBack is a top-tier cryptocurrency derivatives platform offering up to 100x leverage on BTC, ETH, ADA, SOL, XRP, and over 50 other futures contracts. Headquartered in Singapore, with additional offices in Hong Kong, Japan, the United States, the UK, and Argentina, BexBack is licensed as a US MSB (Money Services Business). Trusted by more than 500,000 traders globally, the platform welcomes users from the US, Canada, and Europe. BexBack offers zero deposit fees and provides comprehensive customer service available 24/7 to ensure an exceptional trading experience.

    Why recommend BexBack?

    No KYC Required: Start trading immediately without complex identity verification.

    100% Deposit Bonus: Double your funds, double your profits.

    High-Leverage Trading: Offers up to 100x leverage, maximizing investors’ capital efficiency.

    Demo Account: Comes with 10 BTC and 1M USDT in virtual funds, ideal for beginners to practice risk-free trading.

    Comprehensive Trading Options: Feature-rich trading available via Web and mobile applications.

    Convenient Operation: No slippage, no spread, and fast, precise trade execution.

    Global User Support: Enjoy 24/7 customer service, no matter where you are.

    Lucrative Affiliate Rewards: Earn up to 50% commission, perfect for promoters.

    Take Action Now—Don’t Miss Another Opportunity!

    If you missed the previous crypto bull run, this could be your chance. With BexBack’s 100x leverage and 100% deposit bonus and $50 bonus for new users (Deposit greater than 0.001BTC or 100 USDT, complete one trade within one week of registration), you can be a winner in the new bull run.

    Sign up on BexBack now, claim your exclusive bonus and start accumulating more BTC today!

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

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

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/6c3122fb-75bf-451c-a12b-ae6dd61f1dd8

    https://www.globenewswire.com/NewsRoom/AttachmentNg/10adb2fb-ad23-4a24-a669-b7aa9e911350

    https://www.globenewswire.com/NewsRoom/AttachmentNg/e4ab10c8-3f69-4b9d-8d32-a74d6a4f10be

    https://www.globenewswire.com/NewsRoom/AttachmentNg/e93cb708-e367-4aef-a2c4-3a3bd5a11ce2

    The MIL Network –

    June 28, 2025
  • MIL-OSI USA: Gross Domestic Product by State and Personal Income by State, 1st quarter 2025

    Source: US Bureau of Economic Analysis

    Real gross domestic product decreased in 39 states in the first quarter of 2025, with the percent change ranging from 1.7 percent at an annual rate in South Carolina to –6.1 percent in Iowa and Nebraska, according to statistics released today by the U.S. Bureau of Economic Analysis (table 1).

    Current-dollar gross domestic product (GDP) increased in 47 states and the District of Columbia, with the percent change ranging from 8.7 percent at an annual rate in North Dakota to –2.7 percent in Iowa.

    Personal income, in current dollars, increased in all 50 states and the District of Columbia in the first quarter of 2025, with the percent change ranging from 12.7 percent at an annual rate in North Dakota to 3.2 percent in Washington state (table 3).

    Real GDP

    In the first quarter of 2025, real GDP for the nation decreased at an annual rate of 0.5 percent. Real GDP decreased in 16 of the 23 industry groups for which BEA prepares quarterly state estimates. Finance and insurance; agriculture, forestry, fishing and hunting; and wholesale trade were the leading contributors to the decrease in real GDP nationally (table 2).

    • Agriculture, forestry, fishing, and hunting, which decreased in 39 states, was the leading contributor to the decreases in 11 states, including Nebraska, Iowa, Montana, and Kansas.
    • Mining, which decreased in 43 states, was the leading contributor to the decreases in eight states, including Wyoming, the state with the fifth-largest decline in real GDP.
    • Finance and insurance, which decreased in all 50 states and the District of Columbia, was the leading contributor to decreases in 18 states.
    • Real estate and rental and leasing, which increased in all 50 states and the District of Columbia, was the leading contributor to growth in South Carolina, the state with the largest increase in real GDP.

    Personal income

    In the first quarter of 2025, current-dollar personal income increased $407.3 billion, or 6.7 percent at an annual rate (table 3). Nationally, increases in earnings, transfer receipts, and property income (dividends, interest, and rent) contributed to the increase in personal income (chart 1).

    Earnings increased in all 50 states and the District of Columbia, while growing 5.0 percent nationally (table 4). The percent change in earnings ranged from 13.5 percent in North Dakota to 0.1 percent in Washington state. Earnings increased in 22 of the 24 industries for which BEA prepares quarterly state estimates and was the largest contributor to growth in personal income in 28 states (table 5).

    • Farm earnings was the leading contributor to increases in North Dakota, South Dakota, and Mississippi, the states with the three largest increases in personal income, due in part to government payments from the Emergency Commodity Assistance Program.
    • In South Carolina, the state with the fourth-largest increase in personal income, construction was the leading contributor to the increase in earnings.
    • In Oklahoma, the state with the fifth-largest increase in personal income, mining was the leading contributor to the increase in earnings.

    Transfer receipts increased in all 50 states and the District of Columbia, while growing 13.6 percent nationally. The percent change in transfer receipts ranged from 21.2 percent in Nevada to 9.1 percent in Florida (table 4). The increase in transfer receipts was due in part to an increase in Affordable Care Act premium tax credits and an annual cost-of-living adjustment for Social Security benefits.

    Property income increased in all 50 states and the District of Columbia, while growing 5.6 percent nationally. The percent change ranged from 7.8 percent in Idaho to 3.8 percent in Alaska (table 4).

    Update of state statistics

    Today, BEA also released revised quarterly estimates of personal income by state for the first through fourth quarters of 2024. This update incorporates new and revised source data that are more complete and more detailed than previously available and aligns the states with the national estimates from the National Income and Product Accounts released on June 26, 2025.

    New combined state news release

    On September 26, 2025, BEA will publish quarterly GDP and personal income by state along with annual personal consumption expenditures by state in a single news release. This combined release will provide a fuller picture of the economies of all states and the District of Columbia and will replace the publication of two separate releases issued on different days. BEA will release revised annual state GDP and personal income estimates for 2020 to 2024, along with revised quarterly estimates for the first quarter of 2020 through the first quarter of 2025 and preliminary estimates for the second quarter of 2025. An upcoming article in the Survey of Current Business will describe the results.

    Upcoming changes in the presentation of tables

    BEA’s ongoing modernization and streamlining of news release packages will include changes in the presentation of tables starting with the September 26, 2025 release of GDP, personal income, and personal consumption expenditures (PCE) by state.

    Data previously published as tables within the quarterly and annual news releases on GDP, personal income, and PCE by state will continue to be updated and available simultaneously with the release in BEA’s online Interactive Data Tables. However, tables will no longer be included in the body of the news release. This will reduce duplication, increase efficiency, and point data users directly to our most complete and flexible data tables, via links in the release. These customizable tables include full time series and can be downloaded as PDFs, in Excel, or in CSV format.

    For definitions, statistical conventions, BEA regions, uses of these statistics, and more, visit “Additional Information.”

    Next release: September 26, 2025, at 10:00 a.m. EDT
    Gross Domestic Product by State and Personal Income by State, 2nd Quarter 2025 and Personal Consumption Expenditures by State, 2024

    MIL OSI USA News –

    June 28, 2025
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