Source: GlobeNewswire (MIL-OSI)
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President Wavel Ramkalawan presided over a landmark economic forum on Tuesday afternoon, bringing together high-level government officials and private sector representatives in an unprecedented collaborative dialogue aimed at strengthening Seychelles’ economic foundation and fostering sustainable growth.
The historic gathering held at State House, marked the commencement of a structured partnership between the government and business community. President Ramkalawan articulated his vision for enhanced economic cooperation, expressing profound enthusiasm for the collaborative framework being established to streamline business operations and accelerate the nation’s economic trajectory. He emphasized the administration’s dedication to creating an environment where private sector innovation and investment can flourish, recognizing that such an environment is essential for achieving long-term economic prosperity. The collaborative approach established through this inaugural forum represents a significant step toward more inclusive economic governance and strategic partnership between public and private sectors.
The forum commenced with comprehensive discussions on strategic land development and reclamation initiatives. The Minister of Investment, entrepreneurship and Industry Mrs. Devika Vidot provided an insightful overview of land utilization policies, establishing the foundation for CEO Jitesh Shah’s detailed presentation on reclamation projects. These discussions illuminated significant opportunities for strategic land development that would support industrial expansion while addressing the growing demand for commercial spaces.
Financial sector modernization emerged as a central theme throughout the deliberations. The Chairman of the Seychelles Chamber of Commerce and Industry delivered comprehensive presentations addressing the acceleration of Anti-Money Laundering (AML) and Know Your Customer(KYC) reforms, initiatives designed to enhance business growth prospects while ensuring robust financial inclusion. These reforms represent crucial steps toward maintaining Seychelles’ competitive position in the international financial sector and addressing compliance requirements that have become increasingly stringent in the global marketplace.
The forum also extensively examined payment system modernization, with particular emphasis on the systematic phase-out of traditional cheque systems and the implementation of contemporary digital payment infrastructure and its associated disadvantages.
The forum concluded with a commitment to establishing regular dialogue mechanisms that will ensure ongoing communication between government and private sector stakeholders on a monthly basis. This framework is designed to create responsive policy development processes that can adapt to changing market conditions and emerging business needs.
The successful convening of this forum demonstrates the government’s commitment to transparent dialogue and collaborative problem-solving, establishing a foundation for continued engagement that will support Seychelles’ economic development objectives while addressing the practical challenges faced by businesses operating in the modern economy.
Distributed by APO Group on behalf of State House Seychelles.
In the heart of Galmudug State, Somalia, the dream of two young women, Iftin and Aminaa, to attend university in Abudwaq was fraught with challenges.
Frequent power cuts and a long, dark and possibly dangerous road between the campus and town made it nearly impossible for them and other girls to attend evening classes.
Determined to find a solution, they approached the International Organization for Migration’s (IOM) Co-Funding System (CFS), which provides matching funding for community-led projects and which is designed to empower local communities in Somalia to take charge of their development and recovery.
Rallying 19 other women students, Iftin and Aminaa submitted a simple yet transformative proposal….. to crowdfund for solar streetlights and a solar energy system for the school.
By July 2022, the girls had raised $10,000. IOM matched this amount and added $50,000 more.
The result was a well-lit and secure road from Abudwaq town to the university and a fully functional solar energy system.
The system now powers the university around the clock with clean energy.
The impact didn’t stop there.
The community later decided to connect a nearby borehole to the system, providing clean, free water to all of Abudwaq and nearby pastoralist communities, who now bring their livestock to drink and graze near the water source.
“Abudwaq was not one of our original target locations,” explained Mohamed Mohamud Hussein, an IOM officer working on community-based planning. “But we considered the proposal because it was well thought out, transformational for the community, and aligned with the CFS’s mandate and priorities around ownership and sustainability.”
Iftin and Aminaa’s determination set an example for other communities across Somalia.
Community power
Piloted by IOM in 2021, the CFS has become one of Somalia’s most innovative recovery tools. It puts power in the hands of local communities.
By the end of 2024, 42 projects had been completed, reaching over 580,000 people across 22 districts in central Somalia.
Nine more are ongoing. Close to 1,600 community and diaspora members contributed, raising over $500,000, which IOM matched with $2.3 million.
Even in fragile settings, collective action is making a difference. In Farjano, a settlement for internally displaced persons in Galmudug State, the construction of a new primary school did more than provide classrooms. It has restored hope.
“For the very first time, all my children could go to school – and it was free,” said Shamso, a mother of three.
In Mataban, a newly built youth stadium fostered unity and a sense of shared identity. Groups that had once avoided each other began to spend time together. “The stadium brought us together in ways we never imagined,” said Mustaf, a resident of Mataban. “It’s not just for sports – it’s where our community feels united.”
By requiring communities to identify their needs and raise initial funds, the CFS takes a bottom-up rather than traditional top-down approach to development.
It ensures that projects are not only community-driven but also have a higher chance of long-term success and impact
The Fourth International Conference on Financing for Development (FFD4) which begins in Sevilla, Spain on 30 June, aims to reform financing at all levels, and will no doubt consider the local solutions and community-driven initiatives which have proven so successful in Somalia.
Distributed by APO Group on behalf of UN News.
Khadidja Hassane Abdoulaye, Secretary of State for Petroleum, Mines and Geology at Chad’s Ministry of Mines and Geology, has joined the upcoming African Mining Week conference as a speaker. Taking place from October 1-3, 2025, in Cape Town, the event is the continent’s premier event for mining stakeholders. Abdoulaye’s participation will be instrumental in spotlighting Chad’s vast mineral wealth, while connecting global mining stakeholders with emerging prospects in the Central African country.
During African Mining Week 2025, Abdoulaye will take part in high-level panel discussions, exclusive networking opportunities and targeted investment forums, promoting Chad’s mineral potential and secure strategic partnerships that will drive the country’s mining industry forward.
African Mining Week serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2025 conference from October 1-3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com.
Chad is home to significant but underexplored mineral resources, including natron – used in soap and medicine production – gold, uranium, bauxite, base metals and granite. While mining is largely occupied by artisanal operations, geological mapping and seismic surveys are currently underway to better understand the country’s mineral potential and unlock large-scale mining prospects. The Tibesti and Ouaddaï regions are rich in basement rock essential for the construction industry, while Tibesti also holds deposits of tungsten, tin, niobium and tantalum. Gold production, particularly in the Mayo-Kebbi region, is also currently dominated by small-scale mining operations.
To attract investment and foster international collaboration, Chad has enacted a series of policies and programs focused on modernizing its mining sector. In August 2024, Chad’s Ministry of Petroleum, Mines and Geology held discussions with Libya’s National Mining Corporation to explore cooperation opportunities in investment, project development, knowledge exchange and capacity building. With commercial-scale mineral reserves believed to lie along the Libyan-Chadian border in the Tibesti region, this partnership could play a pivotal role in unlocking the area’s full resource potential. As Chad expands exploration projects, African Mining Week presents an ideal platform for Abdoulaye to engage with prospective investors and technology providers.
Distributed by APO Group on behalf of Energy Capital & Power.
Translation. Region: Russian Federal
Source: Moscow Government – Government of Moscow –
By the end of 2025, the capital will put almost 700 commercial properties up for public auction. This was announced by the Deputy Mayor of Moscow for Urban Development Policy and Construction Vladimir Efimov.
“The city is systematically involving property in economic turnover. Thus, by the end of the year, it is planned to transfer almost 700 real estate objects to online auctions for subsequent sale. These are buildings, including historical monuments, and non-residential premises. Entrepreneurs will be able to use the acquired property to open stores, points of issue of goods, offices, restaurants and other types of businesses. Thanks to this, the infrastructure of the districts will improve and new jobs will be created, and the capital’s budget will receive additional deductions,” said Vladimir Efimov.
The property will be sold at an electronic auction. Anyone can take part in it. Investors will be offered objects of different sizes and locations.
“Commercial properties are in demand among investors. Since the beginning of 2025 alone, following competitive procedures, the city has concluded contracts for the sale and purchase of 500 commercial properties with a total area of almost 82 thousand square meters with the winners of the auctions. Businesses are showing increased interest in both large capital real estate and small premises in which they can open a cozy coffee shop or point of sale. Properties in the center of Moscow, where there is high traffic and developed infrastructure, as well as in remote areas are in demand. The cost of lots there is lower, which allows entrepreneurs to reduce initial investments and recoup them faster,” she noted.
Ekaterina Solovieva, Minister of the Moscow Government, Head of the Moscow Department of City Property.
All information about the premises and buildings put up for auction is presented on the capital’s investment portal. You can learn more about them, study the lot documentation and auction rules inin the section “Property from the city”The organizer of the land and property auction is Moscow City Department of Competition Policy.
The development of electronic services for entrepreneurs is being implemented within the framework of the national project “Data Economy”.
Get the latest news quicklyofficial telegram channel the city of Moscow.
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Translation. Region: Russian Federal
Source: State University of Management – Official website of the State –
On June 24, 2025, the State University of Management Assembly Hall hosted a solemn awards ceremony for the winners of the International Patriotic Competition “Family History. Immortal Memory”.
Opening the award ceremony, the rector of the State University of Management Vladimir Stroyev reported that 745 applications from 1,443 people from 66 regions of Russia and 5 regions of Belarus were received for the competition.
“Our university initiated the competition, which we have been working on for six months. GUU is closely connected with the Great Patriotic War, because in 1941 many of our students, teachers and even representatives of the university administration voluntarily went to defend the Motherland. Many of them, even the majority, died in the battles for Moscow, to which the memorial in our yard is dedicated. That is why the theme of the competition is so important for us, because every family in one sense or another took part in that war, if not in direct combat, then in providing the front with everything necessary. This was not only our war, it was a fight for the life and freedom of all mankind,” said Vladimir Stroyev.
The Chairperson of the Coordination Council of the League of Higher Education Teachers, Elena Lyapuntsova, admitted that it was difficult, sensitive and responsible to evaluate the competition entries.
“All the participants are great, but a competition is a competition, let the losers not be upset, because the main thing is that you were able to tell the whole country about your relatives. If we do not know history, then we will have no future, so it is doubly important to pass on to the next generations not only the information from textbooks, but also your family, personal stories,” noted the Chairperson of the Coordination Council of the League of Higher Education Teachers.
Elena Lyapuntsova also thanked the State University of Management for its cooperation and invited everyone to the All-Russian Forum of Higher Education Teachers, the first day of which, like last year, will be held at the State University of Management, and also announced free advanced training courses for teachers, including on project activities.
A welcoming letter from State Duma deputy Biysultan Khamzaev was read by his assistant Natalya Belova. In it, the deputy emphasized the importance of patriotic initiatives for the 80th anniversary of the Great Victory and noted that such competitions inspire young people to study history, and also wished further creative success to the participants and organizers.
Competition results
Nomination: “Best Video” (students aged 18 to 25): 1st place – “A Soldier’s Feat”, team of Kuzma Dashchenko, Belarusian State University of Informatics and Radioelectronics; 2nd place – “There Are Twenty Million of Us Unforgotten”, Ksenia Kovalenko, N.M. Fedorovsky Polar State University; 3rd place – “When the Poppies Bloom”, team of Victoria Spanake, Kazan branch of the All-Russian State University of Justice (RPA of the Ministry of Justice of Russia).
Nomination: “Best Video” (young teachers aged 18 to 35): 1st place – “Until the Next Waltz”, Grigory Sotnikov’s team, Siberian Federal University; 2nd place – “Letter from a Peer”, Maria Brokar’s team, Maxim Tank Belarusian State Pedagogical University; 3rd place – “The Holy Name of My Great-Grandfather”, Sofia Atrokhova, Moscow Finance and Law University MFUA.
Nomination: “Best Video” (young teachers aged 35 and above): 1st place – “Generation of the Unconquered”, Anna Bychkova, A.S. Pushkin State Institute of the Russian Language; 2nd place – “1941. Evacuation. Memories of E.A. Kosyreva”, Lyubov Belyaeva’s team, N.V. Vereshchagin Vologda State Dairy Farming Academy; 3rd place – “Turning the Pages of Memory”, Yulia Morudenko, N.F. Katanov Khakass State University.
Nomination: “Best Literary Work” (students aged 18 to 25): 1st place – “The Last Letter”, Aleksey Zemsky, Ural Federal University named after the first President of Russia B. N. Yeltsin; 2nd place – “From My Grandmother’s Wartime Childhood”, Olesya Taras, Ural Federal University named after the first President of Russia B. N. Yeltsin; 3rd place – “A Letter from Grandmother Hannah”, Maria Karabun and Sofia Antonova, Belarusian State University.
Nomination: “Best Literary Work” (young teachers aged 18 to 35): 1st place – “Step, Step, Another Step!”, Ekaterina Bugrysheva, Russian State University for the Humanities; 2nd place – “Frontline Album of My Family”, Natalia Bogoslovskaya, Lipetsk State Pedagogical University named after P. P. Semenov-Tyan-Shansky; 3rd place – “Where the Steel Was Tempered”, Maxim Sokolov, National Research Nuclear University MEPhI.
Nomination: “Best Literary Work” (young teachers aged 35 and above): 1st place – “Childhood Scorched by War”, Elena Fayzieva, Elektrostal branch of Moscow Polytechnic University; 2nd place – “Petka’s Childhood”, Iya Suslova, International Innovation University; 3rd place – “The Last Battle of Red Army Soldier Bogdan”, Marina Borisova, Yaroslav the Wise Novgorod State University.
The competition was organized by the State University of Management and the Moscow City Branch of the Russian Military Historical Society with the support of the Ministry of Science and Higher Education of the Russian Federation under the auspices of the activities of the Association of Student Patriotic Clubs “I am proud”.
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Source: World Economic Forum (video statements)
Investing amid High Debt, Low Growth
Global public debt stands at around 94% of GDP, constraining governments’ ability to fund critical growth-promoting investment in infrastructure, education and technology.
How can innovative financing, alongside global trade and investment strategies, mobilize resources to meet development goals?
The Future Studio incubator in Cotonou has developed a successful coaching programme, propelling four startups to success. The Beninese innovation center is now expanding, while business support organizations across West Africa are increasing their collaboration.
The NTF V FastTrackTech project has nurtured these developments. The ITC project brought together major players from Benin, Niger and Mali to share their experiences and build together a stronger, more inclusive entrepreneurial ecosystem.
Future Studio: a catalyst for innovation and entrepreneurship in Benin
Since opening a year ago in Cotonou, the Future Studio innovation center has aimed to propel Beninese innovation and digital entrepreneurship. As a partner of the Epitech school and a member of the African Education & Innovation Group, the innovation center fosters the growth of young, innovative companies, providing structured support and networking. With the support of the NTF V FastTrackTech project, the Future Studio has set up a support programme tailored to Benin’s digital ecosystem.
‘We can’t claim to support entrepreneurs without being supported and empowered ourselves. Thanks to the recommendations of the NTF V FastTrackTech project expert, we have gained in vision and methodology,’ said Future Studio project manager Yoann Agbo. ‘This is what enabled our Start program to take shape and achieve its first successes. We’re very proud today to see ideas become solid projects as teams grow.’
After six months in the incubation program, four startups have made significant progress: they have perfected their pitch, established commercial collaborations, and intensified their discussions with potential investors. One gained international visibility by taking part in Gitex Africa.
‘Our intention is to provide ongoing support for the startups we have supported, and we are actively engaged in preparing a second cohort of entrepreneurs. At the same time, we plan to develop a targeted offering for more mature companies seeking accelerated growth or diversification of their offerings,’ said Yoann.
This expertise recently earned Future Studio a contract with telecom operator MTN Benin to take charge of the operational side of a new incubation program. ‘Since supporting the NTF V FastTrackTech project, Future Studio has shown what it can do. This new partnership testifies to the trust placed in our activities,’ he added.
Better support for African entrepreneurs
Like the Future Studio, business support organizations walk with entrepreneurs at every stage of their journey, contributing to job creation and more sustainable, inclusive economic development. NTF V FastTrack Tech believes the creation of synergies makes African organizations more efficient by optimizing their resources.
The project initiated an exchange session on 30 April between the Bussiness Support Structures Network of Niger (Réseau des Structures d’Appui du Niger – RESAEN), the Federation of Innovative Business Support Organizations in Benin (Fédération des Structures d’Appui à l’Entrepreneuriat Innovant – FedSAEI) and the National Council of Incubators of Mali (Conseil National des Incubateurs du Mali – CNSIM).
Rabia Moussa is vice-president of RESAEN and co-founded the Développe-les organization in Niger.
‘Regular exchanges and lasting cooperation create a network of mutual support between BSOs, strengthening the entrepreneurial ecosystem as a whole. Financing issues are often at the heart of concerns,’ she said. ‘In this respect, RESAEN shared its experience and roadmap.’
The session concluded with the formalization of several ideas and recommendations, including the need to set up a working group dedicated to the question of financing, the monitoring of new opportunities and the prospecting of new partners. Rabia also stressed the need for BSOs to clarify the roles and commiments of their governance members, so that tasks are properly assigned.
‘I can only encourage the holding of an annual general meeting with the publication of an activity report.
By also adopting transparent and participative governance practices, support structures can consolidate their internal functioning and increase their impact in the service of a flourishing entrepreneurial ecosystem,’ she said.
The nascent collaboration between Benin, Niger and Mali is just the first step towards continental synergy.
‘Tomorrow, the dialogue could even be extended to Burkina Faso. It is this growing synergy that will enable African talent to flourish and contribute fully to the continent’s economic development,’ she added.
About the project
The Netherlands Trust Fund V (NTF) program (July 2021 – June 2025) is based on a partnership between the Netherlands Ministry of Foreign Affairs and the International Trade Centre. NTF V supports SMEs in the digital technology and agribusiness sectors in Benin, Ivory Coast, Ethiopia, Ghana, Mali, Senegal and Uganda. Its ambition is to contribute to an inclusive and sustainable transformation of agri-food systems partly through digital solutions, to improve the international competitiveness of local tech start-ups and to support the implementation of the export strategy of IT&BPO companies.
Distributed by APO Group on behalf of International Trade Centre.
Source: GlobeNewswire (MIL-OSI)
Company announcement no. 36 / 2025
Schindellegi, Switzerland – 25 June 2025
Reporting of transactions made by persons discharging managerial responsibilities
Pursuant to the Market Abuse Regulation Article 19, Trifork Group AG (Swiss company registration number CHE-474.101.854) (“Trifork”) hereby notifies receipt of information of the following transactions made by persons discharging managerial responsibilities in Trifork in connection with fixed salaries paid in shares. Reference is made to company announcement no. 1/2025 on 21 January 2025.
| 1. | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Jørn Larsen | |
| 2. | Reason for the notification | ||
| a) | Position/status | CEO | |
| b) | Initial notification/ Amendment |
Initial notification | |
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Trifork Group AG | |
| b) | LEI | 8945004BYZKXPESTBL36 | |
| 4.1 | Details of the transaction(s) | ||
| a) | Description of the financial instrument, type of instrument
Identification code |
Shares
ISIN CH1111227810 |
|
| b) | Nature of the transaction | A share of 25% of the fixed monthly salary is paid out in shares as described in the company announcement no. 1/2025. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| DKK 0 | 1,081 | ||
| d) | Aggregated information — Aggregated volume — Price |
N/A | |
| e) | Date of the transaction | 25 June 2025 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1. | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Kristian Wulf-Andersen | |
| 2. | Reason for the notification | ||
| a) | Position/status | CFO | |
| b) | Initial notification/ Amendment |
Initial notification | |
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Trifork Group AG | |
| b) | LEI | 8945004BYZKXPESTBL36 | |
| 4.1 | Details of the transaction(s) | ||
| a) | Description of the financial instrument, type of instrument
Identification code |
Shares
ISIN CH1111227810 |
|
| b) | Nature of the transaction | A share of 10% of the fixed monthly salary is paid out in shares as described in the company announcement no. 1/2025. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| DKK 0 | 288 | ||
| d) | Aggregated information — Aggregated volume — Price |
N/A | |
| e) | Date of the transaction | 25 June 2025 | |
| f) | Place of the transaction | Outside a trading venue | |
Investor and press contact
Frederik Svanholm, Group Investment Director, frsv@trifork.com, +41 79 357 73 17
About Trifork
Trifork (Nasdaq Copenhagen: TRIFOR) is a pioneering global technology company, empowering enterprise and public sector customers with innovative digital products and solutions. With 1,215 professionals across 71 business units in 16 countries, Trifork specializes in designing, building, and operating advanced software across sectors such as public administration, healthcare, manufacturing, logistics, energy, financial services, retail, and real estate. The Group’s R&D arm, Trifork Labs, drives innovation by investing in and developing synergistic, high-potential technology companies. Learn more at trifork.com.
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Translation. Region: Russian Federal
Source: Moscow Government – Government of Moscow –
In January-March 2025, investments in the purchase of finished commercial real estate in Moscow amounted to 164 billion rubles. This is almost 80 percent more than the same period in 2024, reported Maria Bagreeva, Deputy Mayor of Moscow, Head of the Moscow Department of Economic Policy and Development.
“The main investors are large corporations and banks, for which the purchase of real estate for offices and headquarters is a profitable long-term investment, especially in the context of rising rental rates and a limited supply of quality space. In January-March 2025, investments in completed commercial real estate in the capital amounted to 164 billion rubles. Moscow accounted for 89 percent of all transactions with completed commercial real estate in the country in the first quarter – nine percentage points more than in January-March 2024,” noted Maria Bagreeva.
Investments in commercial real estate construction also increased significantly in the first quarter of 2025. According to the Investment Projects digital platform, 371 projects worth 1.9 trillion rubles were in the active implementation stage at the beginning of April 2025. Compared to the first quarter of last year, the volume of investments increased by 26 percent.
Almost half of these funds were invested in the construction of multifunctional complexes that combine several types of real estate. Among them are offices, as well as retail and entertainment areas. Another quarter of the investment went to the construction of apartments, which began even before the introduction of restrictions on the launch of new projects in this area last fall. A fifth of the investment is aimed at the construction of logistics facilities, shopping centers and entertainment complexes. New commercial properties are being built mainly in the northwestern part of the capital.
According to Maria Bagreeva, active investments in commercial real estate make the urban environment more saturated, efficient and accessible. Multifunctional complexes attract city residents, as they represent modern spaces, next to which there is housing, work, recreation and familiar services. This helps to reduce pendulum mobility, increases the convenience of life and saves city residents’ time.
The development of commercial development is accompanied by the improvement of territories, modernization of transport infrastructure and the emergence of new public spaces. As a result, investments in real estate not only work for the economy, but also improve the quality of urban life – from the comfort of travel to a variety of services and convenience in everyday life.
In the first quarter of this year, the city sold more than 420 commercial premises
On the instructions of Sergei Sobyanin, the city is paying special attention to the quality of construction of business infrastructure facilities.
“Currently, Mosgosstroynadzor supervises over 60 commercial infrastructure facilities with a total area of over 1.6 million square meters. Among the most iconic are the Sberbank headquarters on Kutuzovsky Prospekt and the new dominant building next to Moscow City – the iCITY business center, in which the construction of the second 61-story building is being completed. Innovative technologies and thoughtful functionality embodied in these buildings serve as a clear confirmation of the capital’s status as a world-class business center,” added the chairman of the capital’s Committee for State Construction Supervision (Mosgosstroynadzor). Anton Slobodchikov.
Quickly find out the main news of the capital inofficial telegram channel the city of Moscow.
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https: //vv.mos.ru/nevs/ite/155794073/
Translation. Region: Russian Federal
Source: Moscow Government – Government of Moscow –
In the south-east of the capital, areas of the former industrial zone of Lyublino with a total area of 28.37 hectares will be reorganized under the program of integrated development of territories (IDT). Draft resolution published on the Moscow Government portal. This was reported by the Deputy Mayor of Moscow for Urban Development Policy and Construction Vladimir Efimov.
“A new quarter with the necessary infrastructure for comfortable living, recreation and work will be created in the South-Eastern Administrative District of the capital. It will appear as part of the implementation of the project for the integrated development of part of the former industrial zone of Lyublino. It provides for the construction of various real estate, including residential, public, business and social facilities. Investments in the development of the site are estimated at 91.2 billion rubles, and the annual budget effect will be about 205.5 million rubles. Thanks to the implementation of the project, it is planned to create 4.2 thousand jobs,” said Vladimir Efimov.
The reorganized territory is located on Lyublinskaya Street (property 82) and in Yegoryevsky Proyezd (properties 2–7). The Depot station of the second Moscow Central Diameter is located nearby.
“The integrated development project of the territory provides for the construction of a residential quarter. On the ground floors of the buildings there will be consumer services and shops. The infrastructure will be supplemented by two public and business centers, a multifunctional business center with a shopping gallery, a sports and fitness complex, an ice arena, as well as buildings for public utilities. In total, about 170 thousand square meters of public, business and social facilities will appear here,” said the Minister of the Moscow Government, head of the capital’s Department of Urban Development Policy
According to the KRT program, multifunctional city blocks are being created, where roads, comfortable housing and all the necessary infrastructure are being designed on the site of former industrial zones and inefficiently used areas. Currently, 302 projects for the integrated development of territories with a total area of about 4.2 thousand hectares are at various stages of development and implementation in Moscow. This work is being carried outon behalf of Sergei Sobyanin.
Get the latest news quicklyofficial telegram channel the city of Moscow.
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Source: The Conversation – Global Perspectives – By Gemma Sharp, Researcher in Body Image, Eating and Weight Disorders, Monash University
Following a particular diet or exercising a great deal are common and even encouraged in our health and image-conscious culture. With increased awareness of food allergies and other dietary requirements, it’s also not uncommon for someone to restrict or eliminate certain foods.
But these behaviours may also be the sign of an unhealthy relationship with food. You can have a problematic pattern of eating without being diagnosed with an eating disorder.
So, where’s the line? What is disordered eating, and what is an eating disorder?
Disordered eating describes negative attitudes and behaviours towards food and eating that can lead to a disturbed eating pattern.
It can involve:
dieting
skipping meals
avoiding certain food groups
binge eating
misusing laxatives and weight-loss medications
inducing vomiting (sometimes known as purging)
exercising compulsively.
Disordered eating is the term used when these behaviours are not frequent and/or severe enough to meet an eating disorder diagnosis.
Not everyone who engages in these behaviours will develop an eating disorder. But disordered eating – particularly dieting – usually precedes an eating disorder.
Eating disorders are complex psychiatric illnesses that can negatively affect a person’s body, mind and social life. They’re characterised by persistent disturbances in how someone thinks, feels and behaves around eating and their bodies.
To make a diagnosis, a qualified health professional will use a combination of standardised questionnaires, as well as more general questioning. These will determine how frequent and severe the behaviours are, and how they affect day-to-day functioning.
Examples of clinical diagnoses include anorexia nervosa, bulimia nervosa, binge eating disorder and avoidant/restrictive food intake disorder.
The answer can vary quite radically depending on the study and how it defines disordered behaviours and attitudes.
An estimated 8.4% of women and 2.2% of men will develop an eating disorder at some point in their lives. This is most common during adolescence.
Disordered eating is also particularly common in young people with 30% of girls and 17% of boys aged 6–18 years reporting engaging in these behaviours.
Although the research is still emerging, it appears disordered eating and eating disorders are even more common in gender diverse people.
There is some evidence eating disorder prevention programs that target risk factors – such as dieting and concerns about shape and weight – can be effective to some extent in the short term.
The issue is most of these studies last only a few months. So we can’t determine whether the people involved went on to develop an eating disorder in the longer term.
In addition, most studies have involved girls or women in late high school and university. By this age, eating disorders have usually already emerged. So, this research cannot tell us as much about eating disorder prevention and it also neglects the wide range of people at risk of eating disorders.
In defining the line between eating disorders and disordered eating, orthorexia nervosa is a contentious issue.
The name literally means “proper appetite” and involves a pathological obsession with proper nutrition, characterised by a restrictive diet and rigidly avoiding foods believed to be “unhealthy” or “impure”.
These disordered eating behaviours need to be taken seriously as they can lead to malnourishment, loss of relationships, and overall poor quality of life.
However, orthorexia nervosa is not an official eating disorder in any diagnostic manual.
Additionally, with the popularity of special diets (such as keto or paleo), time-restricted eating, and dietary requirements (for example, gluten-free) it can sometimes be hard to decipher when concerns about diet have become disordered, or may even be an eating disorder.
For example, around 6% of people have a food allergy. Emerging evidence suggests they are also more likely to have restrictive types of eating disorders, such as anorexia nervosa and avoidant/restrictive food intake disorder.
However, following a special diet such as veganism, or having a food allergy, does not automatically lead to disordered eating or an eating disorder.
It is important to recognise people’s different motivations for eating or avoiding certain foods. For example, a vegan may restrict certain food groups due to animal rights concerns, rather than disordered eating symptoms.
If you’re concerned about your own relationship with food or that of a loved one, here are some signs to look out for:
preoccupation with food and food preparation
cutting out food groups or skipping meals entirely
obsession with body weight or shape
large fluctuations in weight
compulsive exercise
mood changes and social withdrawal.
It’s always best to seek help early. But it is never too late to seek help.
In Australia, if you are experiencing difficulties in your relationships with food and your body, you can contact the Butterfly Foundation’s national helpline on 1800 33 4673 (or via their online chat).
For parents concerned their child might be developing concerning relationships with food, weight and body image, Feed Your Instinct highlights common warning signs, provides useful information about help seeking and can generate a personalised report to take to a health professional.
Gemma Sharp receives funding from an NHMRC Investigator Grant. She is a Professor and the Founding Director and Member of the Consortium for Research in Eating Disorders, a registered charity.
– ref. What’s the difference between an eating disorder and disordered eating? – https://theconversation.com/whats-the-difference-between-an-eating-disorder-and-disordered-eating-256787
Source: World Economic Forum (video statements)
A Conversation with Lawrence Wong, Prime Minister and Minister for Finance of Singapore
Source: GlobeNewswire (MIL-OSI)
AMSTERDAM, June 25, 2025 (GLOBE NEWSWIRE) — TomTom (TOM2), the location technology specialist, and NextBillion.ai, a leading provider of AI-powered mapping solutions for enterprise, today announced an expanded partnership to deliver precise route calculations and travel time estimations across mobility, fleet, and logistics industries globally. NextBillion.ai leverages TomTom Orbis Maps within its API-first platform to deliver a powerful optimization and scheduling experience, better optimized routes and advanced integration capabilities.
NextBillion.ai’s all-in-one API platform prioritizes ease of use, customization and seamless integration across routing, navigation, and tracking use cases. It offers advanced features, such as customizable objective functions, sophisticated task sequencing, and support for over 50 constraints, allowing businesses to navigate their roadmaps with ease.
The integration of TomTom Orbis Maps into the NextBillion.ai engine equips drivers and field service agents with efficient routing, enabling them to perform deliveries and tasks more effectively. Improved routing and more accurate estimated times of arrival support increased productivity and enhanced safety. Additionally, as TomTom supports truck-specific routing that considers vehicle dimensions, weight, and cargo type, customers are guaranteed efficient and regulation-compliant navigation in all instances.
“At NextBillion.ai, we’re focused on helping enterprises solve complex mapping and routing challenges at scale,” said Gaurav Bubna, Co-founder, NextBillion.ai. “Integrating TomTom’s Orbis Maps into our platform allows us to offer even greater accuracy, customization, and operational efficiency, empowering our customers to make smarter decisions in real-time.”
“We are proud to expand our partnership with NextBillion.ai and deliver improved solutions to the mobility and logistics industries,” said Mike Schoofs, Chief Revenue Officer, TomTom. “By combining the advanced capabilities of TomTom Orbis Maps with NextBillion.ai’s API-first platform, we support businesses with more accurate and efficient routing.”
About TomTom:
Billions of data points. Millions of sources. Thousands of communities.
We are the mapmaker bringing it all together to build the world’s smartest map. We provide location data and technology to drivers, carmakers, businesses and developers. Our application-ready maps, routing, real-time traffic, APIs and SDKs empower the dreamers and doers to move our world forward.
Headquartered in Amsterdam with 3,600 employees around the globe, TomTom has been shaping the future of mobility for over 30 years.
About NextBillion.ai:
NextBillion.ai is a leader in AI-powered routing and route optimization solutions, helping businesses customize, scale, and optimize their routing infrastructure through advanced APIs and tools. Operating globally across diverse industries, including logistics, field services, food delivery, and ride-hailing, NextBillion.ai’s platform processes millions of API calls daily, serving enterprises with tailored mapping solutions designed for their unique business needs.
For further information:
Media Relations
Investor Relations
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/157ecefb-0171-498e-a877-13dd03145f80
Source: GlobeNewswire (MIL-OSI)
AMSTERDAM, June 25, 2025 (GLOBE NEWSWIRE) — TomTom (TOM2), the location technology specialist, and NextBillion.ai, a leading provider of AI-powered mapping solutions for enterprise, today announced an expanded partnership to deliver precise route calculations and travel time estimations across mobility, fleet, and logistics industries globally. NextBillion.ai leverages TomTom Orbis Maps within its API-first platform to deliver a powerful optimization and scheduling experience, better optimized routes and advanced integration capabilities.
NextBillion.ai’s all-in-one API platform prioritizes ease of use, customization and seamless integration across routing, navigation, and tracking use cases. It offers advanced features, such as customizable objective functions, sophisticated task sequencing, and support for over 50 constraints, allowing businesses to navigate their roadmaps with ease.
The integration of TomTom Orbis Maps into the NextBillion.ai engine equips drivers and field service agents with efficient routing, enabling them to perform deliveries and tasks more effectively. Improved routing and more accurate estimated times of arrival support increased productivity and enhanced safety. Additionally, as TomTom supports truck-specific routing that considers vehicle dimensions, weight, and cargo type, customers are guaranteed efficient and regulation-compliant navigation in all instances.
“At NextBillion.ai, we’re focused on helping enterprises solve complex mapping and routing challenges at scale,” said Gaurav Bubna, Co-founder, NextBillion.ai. “Integrating TomTom’s Orbis Maps into our platform allows us to offer even greater accuracy, customization, and operational efficiency, empowering our customers to make smarter decisions in real-time.”
“We are proud to expand our partnership with NextBillion.ai and deliver improved solutions to the mobility and logistics industries,” said Mike Schoofs, Chief Revenue Officer, TomTom. “By combining the advanced capabilities of TomTom Orbis Maps with NextBillion.ai’s API-first platform, we support businesses with more accurate and efficient routing.”
About TomTom:
Billions of data points. Millions of sources. Thousands of communities.
We are the mapmaker bringing it all together to build the world’s smartest map. We provide location data and technology to drivers, carmakers, businesses and developers. Our application-ready maps, routing, real-time traffic, APIs and SDKs empower the dreamers and doers to move our world forward.
Headquartered in Amsterdam with 3,600 employees around the globe, TomTom has been shaping the future of mobility for over 30 years.
About NextBillion.ai:
NextBillion.ai is a leader in AI-powered routing and route optimization solutions, helping businesses customize, scale, and optimize their routing infrastructure through advanced APIs and tools. Operating globally across diverse industries, including logistics, field services, food delivery, and ride-hailing, NextBillion.ai’s platform processes millions of API calls daily, serving enterprises with tailored mapping solutions designed for their unique business needs.
For further information:
Media Relations
Investor Relations
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/157ecefb-0171-498e-a877-13dd03145f80
Source: GlobeNewswire (MIL-OSI)
FOR IMMEDIATE RELEASE
WISeSat Signs a Service Agreement with Astrocast to Allow Access to Astrocast’s Operational Satellite Constellation
Geneva, Switzerland – June 25, 2025 – WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, today announces that its subsidiary, WISeSat.Space, a provider of secure satellite communications and space infrastructure, signed a strategic collaboration agreement with Astrocast, a Swiss-based nanosatellite IoT network operator, under which WISeSat will be gaining access to the operational satellite constellation of Astrocast. This collaboration significantly expands WISeSat’s existing operational satellite connectivity as Astrocast operates one of the largest LEO satellite networks in Europe.
This agreement marks a major step in WISeSat’s mission to build a fully sovereign and secure European space ecosystem, aligned with EU space autonomy goals and ambitions. The expanded constellation access will strengthen connectivity, resilience, and coverage for Internet of Things (IoT) and critical infrastructure services across Europe and other strategic global regions.
Carlos Moreira, CEO of WISeKey and WISeSat.Space, stated: “This is a decisive moment for the future of secure space communications in Europe. By utilizing Astrocast’s operational constellation, WISeSat’s is not only expanding its orbital reach, but it is also reinforcing Europe’s strategic autonomy in space. This partnership allows us to deliver more robust, real-time, and cyber-secure satellite-based services across key industries and geographies. It’s a powerful example of how Swiss-led innovation can shape the future of a sovereign, digital Europe.”
This service agreement with Astrocast will support WISeSat’s secure IoT and communication services, which are powered by WISeKey’s cybersecurity and digital identity technologies, and deployed across sectors such as agriculture, environmental monitoring, logistics, energy, and defense.
Fabien Jordan, CEO of Astrocast, added: “After a very challenging period of restructuring, the Astrocast constellation remains very reliable. We are excited to make this unique network usable for WISeSat and to help them shape the future of secure European space related services. This partnership demonstrates the power of collaboration in advancing innovation and delivering high-value, satellite IoT solutions.”
This agreement also paves the way for deeper cooperation in areas such as edge AI in space, post-quantum cryptography, and satellite cybersecurity, further cementing Europe’s leadership in next-generation space technology.
About Astrocast
Astrocast SA operates a global nanosatellite IoT network, enabling reliable and cost-effective connectivity for remote and underserved regions. With a strong focus on innovation, Astrocast’s technology supports a wide range of industrial and environmental applications.
About WISeSat.Space
WISeSat.Space, a subsidiary of WISeKey International Holding Ltd (SIX: WIHN, NASDAQ: WKEY), provides secure satellite infrastructure designed to support sovereign European communications, IoT services, and critical mission applications. Its constellation of small satellites ensures end-to-end security and data sovereignty across strategic sectors.
About WISeKey
WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity, digital identity, and IoT solutions platform. It operates as a Swiss-based holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on space technology for secure satellite communication, specifically for IoT applications, (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions, and (v) SEALCOIN AG which focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform.
Each subsidiary contributes to WISeKey’s mission of securing the internet while focusing on their respective areas of research and expertise. Their technologies seamlessly integrate into the comprehensive WISeKey platform. WISeKey secures digital identity ecosystems for individuals and objects using Blockchain, AI, and IoT technologies. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the Internet of Everything. The company’s semiconductors generate valuable Big Data that, when analyzed with AI, enable predictive equipment failure prevention. Trusted by the OISTE/WISeKey cryptographic Root of Trust, WISeKey provides secure authentication and identification for IoT, Blockchain, and AI applications. The WISeKey Root of Trust ensures the integrity of online transactions between objects and people. For more information on WISeKey’s strategic direction and its subsidiary companies, please visit www.wisekey.com.
Disclaimer
This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.
This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of the Swiss Financial Services Act (“FinSA”), the FinSa’s predecessor legislation or advertising within the meaning of the FinSA. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.
Press and Investor Contacts
Source: GlobeNewswire (MIL-OSI)
FOR IMMEDIATE RELEASE
WISeSat Signs a Service Agreement with Astrocast to Allow Access to Astrocast’s Operational Satellite Constellation
Geneva, Switzerland – June 25, 2025 – WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, today announces that its subsidiary, WISeSat.Space, a provider of secure satellite communications and space infrastructure, signed a strategic collaboration agreement with Astrocast, a Swiss-based nanosatellite IoT network operator, under which WISeSat will be gaining access to the operational satellite constellation of Astrocast. This collaboration significantly expands WISeSat’s existing operational satellite connectivity as Astrocast operates one of the largest LEO satellite networks in Europe.
This agreement marks a major step in WISeSat’s mission to build a fully sovereign and secure European space ecosystem, aligned with EU space autonomy goals and ambitions. The expanded constellation access will strengthen connectivity, resilience, and coverage for Internet of Things (IoT) and critical infrastructure services across Europe and other strategic global regions.
Carlos Moreira, CEO of WISeKey and WISeSat.Space, stated: “This is a decisive moment for the future of secure space communications in Europe. By utilizing Astrocast’s operational constellation, WISeSat’s is not only expanding its orbital reach, but it is also reinforcing Europe’s strategic autonomy in space. This partnership allows us to deliver more robust, real-time, and cyber-secure satellite-based services across key industries and geographies. It’s a powerful example of how Swiss-led innovation can shape the future of a sovereign, digital Europe.”
This service agreement with Astrocast will support WISeSat’s secure IoT and communication services, which are powered by WISeKey’s cybersecurity and digital identity technologies, and deployed across sectors such as agriculture, environmental monitoring, logistics, energy, and defense.
Fabien Jordan, CEO of Astrocast, added: “After a very challenging period of restructuring, the Astrocast constellation remains very reliable. We are excited to make this unique network usable for WISeSat and to help them shape the future of secure European space related services. This partnership demonstrates the power of collaboration in advancing innovation and delivering high-value, satellite IoT solutions.”
This agreement also paves the way for deeper cooperation in areas such as edge AI in space, post-quantum cryptography, and satellite cybersecurity, further cementing Europe’s leadership in next-generation space technology.
About Astrocast
Astrocast SA operates a global nanosatellite IoT network, enabling reliable and cost-effective connectivity for remote and underserved regions. With a strong focus on innovation, Astrocast’s technology supports a wide range of industrial and environmental applications.
About WISeSat.Space
WISeSat.Space, a subsidiary of WISeKey International Holding Ltd (SIX: WIHN, NASDAQ: WKEY), provides secure satellite infrastructure designed to support sovereign European communications, IoT services, and critical mission applications. Its constellation of small satellites ensures end-to-end security and data sovereignty across strategic sectors.
About WISeKey
WISeKey International Holding Ltd (“WISeKey”, SIX: WIHN; Nasdaq: WKEY) is a global leader in cybersecurity, digital identity, and IoT solutions platform. It operates as a Swiss-based holding company through several operational subsidiaries, each dedicated to specific aspects of its technology portfolio. The subsidiaries include (i) SEALSQ Corp (Nasdaq: LAES), which focuses on semiconductors, PKI, and post-quantum technology products, (ii) WISeKey SA which specializes in RoT and PKI solutions for secure authentication and identification in IoT, Blockchain, and AI, (iii) WISeSat AG which focuses on space technology for secure satellite communication, specifically for IoT applications, (iv) WISe.ART Corp which focuses on trusted blockchain NFTs and operates the WISe.ART marketplace for secure NFT transactions, and (v) SEALCOIN AG which focuses on decentralized physical internet with DePIN technology and house the development of the SEALCOIN platform.
Each subsidiary contributes to WISeKey’s mission of securing the internet while focusing on their respective areas of research and expertise. Their technologies seamlessly integrate into the comprehensive WISeKey platform. WISeKey secures digital identity ecosystems for individuals and objects using Blockchain, AI, and IoT technologies. With over 1.6 billion microchips deployed across various IoT sectors, WISeKey plays a vital role in securing the Internet of Everything. The company’s semiconductors generate valuable Big Data that, when analyzed with AI, enable predictive equipment failure prevention. Trusted by the OISTE/WISeKey cryptographic Root of Trust, WISeKey provides secure authentication and identification for IoT, Blockchain, and AI applications. The WISeKey Root of Trust ensures the integrity of online transactions between objects and people. For more information on WISeKey’s strategic direction and its subsidiary companies, please visit www.wisekey.com.
Disclaimer
This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.
This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of the Swiss Financial Services Act (“FinSA”), the FinSa’s predecessor legislation or advertising within the meaning of the FinSA. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.
Press and Investor Contacts
Source: Government of India
Source: Government of India (4)
The Indian benchmark indices opened over 400 points up on Wednesday amid positive global cues, as buying was seen in the IT, auto and pharma sectors in the early trade.
At around 9.25 am, Sensex was trading 445.6 points or 0.54 per cent up at 82,500.73 while the Nifty added 130.15 point or 0.52 per cent at 25,174.50
According to analysts, a significant feature of the recent market trend has been its resilience despite major challenges like the West Asian crisis.
“Even during the short India-Pakistan conflict, the market has been resilient. A significant contributor to this resilience has been FII buying during the crisis,” said Dr VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited.
Nifty Bank was up 31.25 points or 0.06 per cent at 56,493.15. The Nifty Midcap 100 index was trading at 58,867.80 after adding 245.40 points or 0.42 per cent. Nifty Smallcap 100 index was at 18,617.85 after climbing 165.10 points or 0.89 per cent.
Meanwhile, in the Sensex pack, Titan, UltraTech Cement, Trent, HCL Tech, Adani Ports, Tech Mahindra, Tata Steel, PowerGrid, Hindustan Unilever Limited and L&T were the top gainers. Kotak Mahindra Bank, ICICI Bank, BEL, and Axis Bank were the top losers.
Interestingly, foreign institutional investors (FIIs) have been selling as the Mideast crisis blows over. On the other hand, domestic institutional investors (DIIs) have been sustained buyers in the market, thanks to the continuing inflows into mutual funds, said experts.
This will impart resilience to the market even when FIIs sell on valuation concerns, they added.
FIIs were net sellers on June 24, selling equities worth Rs 5,266.01 crore. Meanwhile, DIIs remained buyers, purchasing equities worth Rs 5,209.60 crore.
In the Asian markets, Japan, China, Seoul and Hong Kong were trading in green. Whereas Bangkok and Jakarta were trading in red.
In the last trading session, Dow Jones in the US closed at 42,581.78, up 507.24 points, or 1.19 per cent. The S&P 500 ended with a gain of 67.01 points, or 1.11 per cent, at 6,025.17 and the Nasdaq closed at 19,630.97, up 281.56 points, or 1.43 per cent.
(IANS)
Source: The Conversation (Au and NZ) – By John Mickel, Adjunct Associate Professor, School of Justice, Queensland University of Technology
The new documentary film Joh: The Last King of Queensland offers a dramatised account of Sir Joh Bjelke-Petersen’s premiership from 1968 to 1987.
Directed by Kriv Stenders, using reenactments (Bjelke-Petersen is played by Richard Roxburgh), archival footage and contemporary interviews, the film portrays him as a complex and polarising figure.
We are given a man who is socially conservative, economically ambitious and politically divisive. A man who profoundly shaped Queensland’s governance and development.
But while the film effectively captures his popular appeal and role in the state’s economic transformation, it simplifies key aspects of his political ascent.
In particular, it doesn’t capture the complexities of electoral mechanics, internal party maneuvering and the influence of the public service.
We start with Bjelke-Petersen’s rural upbringing. Stenders emphasises the formative impact of his Lutheran faith, personal abstinence, strong work ethic and family values. These would be foundational to his leadership style.
Roxburgh highlights Bjelke-Petersen’s rhetorical simplicity. He presented himself as an advocate for “ordinary” Queenslanders, especially in rural and conservative communities.
A central critique of Bjelke-Petersen was his manipulation of Queensland’s electoral system.
The film illustrates how electoral malapportionment advantaged rural constituencies, fuelling the National Party’s dominance. But this treatment lacks nuance.
Former MP David Byrne’s claim that Bjelke-Petersen remained premier solely due to the electoral system is presented uncritically.
The National Party outpolled the Liberals from 1977 on. Labor failed to win a statewide majority until 1989, under boundaries drawn by Bjelke-Petersen’s administration in 1986.
The narrative also omits the fact that electoral bias originated under earlier Labor governments.
While Roxburgh’s character mentions this legacy, his claim that there was “not a peep” of dissent overlooks sustained criticism from opposition leader Frank Nicklin throughout the 1950s.
The film omits several key figures whose contributions were instrumental to the success of the Bjelke-Petersen era.
The organisational acumen of National Party president Robert Sparkes and state secretary Mike Evans played a critical role in constructing a highly efficient party apparatus.
Through the coordination of financial resources and the strategic mobilisation of grassroots support, Sparkes and Evans substantially reinforced Bjelke-Petersen’s leadership and electoral resilience.
Also excluded are prominent members of the premier’s personal staff, such as media advisor Allen Callaghan and policy researcher Wendy Armstrong. Both contributed significantly to shaping public messaging and policy development.
We do not hear about the contributions of senior public servants such as Sydney Schubert, coordinator-general, and Leo Hielscher, under-treasurer.
Schubert was instrumental in expediting infrastructure development across the state. Hielscher ensured Queensland maintained its AAA credit rating and successfully attracted international investment.
These administrative achievements were central to the state’s economic growth.
Bjelke-Petersen was frequently detached from the formal processes of cabinet and Westminster governance. But his reliance on a capable and loyal bureaucracy underscores a distinct, if unconventional, mode of operation.
This model, characterised by strong administrative delegation, contributed to the longevity and effectiveness of his premiership.
The film addresses his opposition to the Whitlam government and his promotion of states’ rights. Both cemented his popularity. It highlights his decision to abolish death duties – a move that allowed him to present a low-tax, pro-development agenda.
Bjelke-Petersen’s authoritarian style is explored through archival footage of the 1971 protests during South Africa’s rugby tour of Australia. But the film fails to contextualise electoral reaction.
The government won seats, including central Brisbane and Maryborough, in by-elections held at the height of the protest activity.
His later suppression of civil liberties, particularly against students, unions and Indigenous activists, is acknowledged.
The depiction of the “Joh for PM” campaign presents it as a significant strategic miscalculation. Stenders illustrates the limits of Bjelke-Petersen’s political judgement beyond the state level.
Investigative journalist Chris Masters is interviewed about his role in creating the Four Corners exposé which served as a catalyst for the Fitzgerald Inquiry (1987–89).
This inquiry uncovered extensive political and police corruption. It exposed entrenched institutional malpractice, and contributed decisively to the erosion of Bjelke-Petersen’s political legitimacy.
Such corruption was longstanding and predated Bjelke-Petersen’s tenure. It flourished under his administration due to insufficient oversight and a permissive political culture.
While the film suggests that Bjelke-Petersen was never personally corrupt (and he was never convicted of any criminal offence) it omits a pivotal episode in his political downfall.
According to journalist Matthew Condon, Springwood MP Huan Fraser publicly accused the Premier of corruption during a 1987 National Party meeting.
Fraser’s confrontation, reportedly triggered by Bjelke-Petersen’s push to approve what was then the world’s tallest building, marked a significant rupture within the party.
The proposed project symbolised growing concerns about impropriety and unchecked executive power during his premiership.
Joh: The Last King of Queensland succeeds in capturing the emotional resonance of Bjelke-Petersen’s political persona. But it stops short of delivering a fully nuanced account.
His legacy continues to polarise. To supporters, he remains a visionary who championed economic growth and conservative values. To critics, he presided over an era of democratic erosion, civil rights suppression and entrenched corruption.
His story reflects the enduring tension between executive authority and democratic accountability in modern Australian political history.
Joh: The Last King of Queensland is on Stan now.
John Mickel does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.
– ref. Joh: The Last King of Queensland captures Bjelke-Petersen’s political persona – but omits key details of the story – https://theconversation.com/joh-the-last-king-of-queensland-captures-bjelke-petersens-political-persona-but-omits-key-details-of-the-story-257813
Source: The Conversation (Au and NZ) – By Gemma Sharp, Researcher in Body Image, Eating and Weight Disorders, Monash University
Following a particular diet or exercising a great deal are common and even encouraged in our health and image-conscious culture. With increased awareness of food allergies and other dietary requirements, it’s also not uncommon for someone to restrict or eliminate certain foods.
But these behaviours may also be the sign of an unhealthy relationship with food. You can have a problematic pattern of eating without being diagnosed with an eating disorder.
So, where’s the line? What is disordered eating, and what is an eating disorder?
Disordered eating describes negative attitudes and behaviours towards food and eating that can lead to a disturbed eating pattern.
It can involve:
dieting
skipping meals
avoiding certain food groups
binge eating
misusing laxatives and weight-loss medications
inducing vomiting (sometimes known as purging)
exercising compulsively.
Disordered eating is the term used when these behaviours are not frequent and/or severe enough to meet an eating disorder diagnosis.
Not everyone who engages in these behaviours will develop an eating disorder. But disordered eating – particularly dieting – usually precedes an eating disorder.
Eating disorders are complex psychiatric illnesses that can negatively affect a person’s body, mind and social life. They’re characterised by persistent disturbances in how someone thinks, feels and behaves around eating and their bodies.
To make a diagnosis, a qualified health professional will use a combination of standardised questionnaires, as well as more general questioning. These will determine how frequent and severe the behaviours are, and how they affect day-to-day functioning.
Examples of clinical diagnoses include anorexia nervosa, bulimia nervosa, binge eating disorder and avoidant/restrictive food intake disorder.
The answer can vary quite radically depending on the study and how it defines disordered behaviours and attitudes.
An estimated 8.4% of women and 2.2% of men will develop an eating disorder at some point in their lives. This is most common during adolescence.
Disordered eating is also particularly common in young people with 30% of girls and 17% of boys aged 6–18 years reporting engaging in these behaviours.
Although the research is still emerging, it appears disordered eating and eating disorders are even more common in gender diverse people.
There is some evidence eating disorder prevention programs that target risk factors – such as dieting and concerns about shape and weight – can be effective to some extent in the short term.
The issue is most of these studies last only a few months. So we can’t determine whether the people involved went on to develop an eating disorder in the longer term.
In addition, most studies have involved girls or women in late high school and university. By this age, eating disorders have usually already emerged. So, this research cannot tell us as much about eating disorder prevention and it also neglects the wide range of people at risk of eating disorders.
In defining the line between eating disorders and disordered eating, orthorexia nervosa is a contentious issue.
The name literally means “proper appetite” and involves a pathological obsession with proper nutrition, characterised by a restrictive diet and rigidly avoiding foods believed to be “unhealthy” or “impure”.
These disordered eating behaviours need to be taken seriously as they can lead to malnourishment, loss of relationships, and overall poor quality of life.
However, orthorexia nervosa is not an official eating disorder in any diagnostic manual.
Additionally, with the popularity of special diets (such as keto or paleo), time-restricted eating, and dietary requirements (for example, gluten-free) it can sometimes be hard to decipher when concerns about diet have become disordered, or may even be an eating disorder.
For example, around 6% of people have a food allergy. Emerging evidence suggests they are also more likely to have restrictive types of eating disorders, such as anorexia nervosa and avoidant/restrictive food intake disorder.
However, following a special diet such as veganism, or having a food allergy, does not automatically lead to disordered eating or an eating disorder.
It is important to recognise people’s different motivations for eating or avoiding certain foods. For example, a vegan may restrict certain food groups due to animal rights concerns, rather than disordered eating symptoms.
If you’re concerned about your own relationship with food or that of a loved one, here are some signs to look out for:
preoccupation with food and food preparation
cutting out food groups or skipping meals entirely
obsession with body weight or shape
large fluctuations in weight
compulsive exercise
mood changes and social withdrawal.
It’s always best to seek help early. But it is never too late to seek help.
In Australia, if you are experiencing difficulties in your relationships with food and your body, you can contact the Butterfly Foundation’s national helpline on 1800 33 4673 (or via their online chat).
For parents concerned their child might be developing concerning relationships with food, weight and body image, Feed Your Instinct highlights common warning signs, provides useful information about help seeking and can generate a personalised report to take to a health professional.
Gemma Sharp receives funding from an NHMRC Investigator Grant. She is a Professor and the Founding Director and Member of the Consortium for Research in Eating Disorders, a registered charity.
– ref. What’s the difference between an eating disorder and disordered eating? – https://theconversation.com/whats-the-difference-between-an-eating-disorder-and-disordered-eating-256787
Source: New Zealand Government
Parliament has today passed legislation to formally establish Invest New Zealand, clearing the way for the new investment attraction agency to begin operations on 1 July 2025.
“This marks a major step in the Government’s plan to grow the economy by attracting more international capital, businesses and talent into New Zealand,” Trade and Investment Minister Todd McClay says.
“Invest New Zealand will have a clear commercial focus—working directly with global investors to unlock opportunities that create jobs, boost innovation, and lift our long-term productivity.”
Budget 2025 committed $85 million over four years to support the agency’s establishment as an autonomous Crown entity.
Invest New Zealand will:
A private sector advisory group, chaired by Rob Morrison, has played a key role in designing the agency’s framework and will continue to provide strategic advice as the agency scales up.
“Invest New Zealand will act as a bridge between global capital and New Zealand’s economic potential,” Mr McClay says.
“It’s about making it easier to do business here—cutting red tape, speeding up decision-making, and targeting investment that delivers long-term benefits for the country.”
The agency will be up and running 1 July.
Source: GlobeNewswire (MIL-OSI)
LONDON, June 24, 2025 (GLOBE NEWSWIRE) — TW Pro, a financial company, has launched Quant-Level Risk Intel, a new feature that gives everyday investors access to advanced market risk insights. The tool, now live on the platform, helps users understand market changes using risk data similar to what professionals use.
This update is part of TW Pro’s efforts to make trading tools easier to understand and more useful for individual investors. The feature breaks down complex market data and shows users where risk may be rising or falling across different assets.
Making Risk Easier to Understand
More people are trading in the markets than ever before, but many still don’t have the tools to track risk the way big firms do. TW Pro’s new tool aims to fix that by showing risk indicators in a simple, clear format.
Instead of using complicated charts or formulas, the platform now gives users easy-to-read signals based on live market conditions. These signals help show things like rising volatility or big shifts in market direction.
“We saw that a lot of regular investors were just guessing during volatile market moves,” said a TW Pro spokesperson. “We wanted to give them something clear to look at, something that makes sense without needing a finance degree.”
The Quant-Level Risk Intel’s objective is to keep users alert when the market begins to move quickly. Users can see more of what’s happening behind the scenes, but it doesn’t advise them on what to buy or sell.
Keeping Investors Prepared
Markets may shift rapidly and frequently without much notice. Many investors find it hard to keep up when prices swing or news hits suddenly. TW Pro’s new risk feature is built to give users a heads-up when things start to shift.
The spokesperson explained, “We’ve all had those days where everything drops or jumps for no clear reason. It may seem too much to handle. This tool gives people a way to step back and make more sense of it.”
Instead of offering predictions, the newly launched Quant-Level Risk Intel shows market pressure points. It tracks data from different sources and updates in real time. Users can use it to stay more aware and adjust their trading if they choose.
TW Pro says this is part of a bigger push to bring useful tools to people who manage their own money. The company is focused on giving investors better ways to spot risk without adding confusion or complexity.
More Tools in the Works
TW Pro plans to keep adding tools that help retail investors make smarter choices. The company says it will use feedback from users to improve the new feature over time.
“We’re not here to tell anyone what to do,” the spokesperson said. “But we think people should at least have a fair shot at understanding the risk they’re taking. This is one way to help with that.”
The new risk insight tool is now available to all users on the TW Pro platform. It doesn’t require extra fees or downloads. More updates are expected later this year.
About TW Pro
TW Pro is a financial company that offers access to stocks, ETFs, forex, commodities, indices, and cryptocurrencies. It provides a user-friendly investment platform with low-cost trading, no execution fees, and educational tools like video courses and webinars. TW Pro supports investors with secure account options and a wide range of global market opportunities.
Media Details:
Name: Melanie Davis
Email: MelanieDavis@pro-tw.com
Website: https://pro-tw.com/
Disclaimer: This press release is provided by TW Pro. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector–including cryptocurrency, NFTs, and mining–complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.Speculate only with funds that you can afford to lose.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.
Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.
Source: GlobeNewswire (MIL-OSI)
LONDON, June 24, 2025 (GLOBE NEWSWIRE) — TW Pro, a financial company, has launched Quant-Level Risk Intel, a new feature that gives everyday investors access to advanced market risk insights. The tool, now live on the platform, helps users understand market changes using risk data similar to what professionals use.
This update is part of TW Pro’s efforts to make trading tools easier to understand and more useful for individual investors. The feature breaks down complex market data and shows users where risk may be rising or falling across different assets.
Making Risk Easier to Understand
More people are trading in the markets than ever before, but many still don’t have the tools to track risk the way big firms do. TW Pro’s new tool aims to fix that by showing risk indicators in a simple, clear format.
Instead of using complicated charts or formulas, the platform now gives users easy-to-read signals based on live market conditions. These signals help show things like rising volatility or big shifts in market direction.
“We saw that a lot of regular investors were just guessing during volatile market moves,” said a TW Pro spokesperson. “We wanted to give them something clear to look at, something that makes sense without needing a finance degree.”
The Quant-Level Risk Intel’s objective is to keep users alert when the market begins to move quickly. Users can see more of what’s happening behind the scenes, but it doesn’t advise them on what to buy or sell.
Keeping Investors Prepared
Markets may shift rapidly and frequently without much notice. Many investors find it hard to keep up when prices swing or news hits suddenly. TW Pro’s new risk feature is built to give users a heads-up when things start to shift.
The spokesperson explained, “We’ve all had those days where everything drops or jumps for no clear reason. It may seem too much to handle. This tool gives people a way to step back and make more sense of it.”
Instead of offering predictions, the newly launched Quant-Level Risk Intel shows market pressure points. It tracks data from different sources and updates in real time. Users can use it to stay more aware and adjust their trading if they choose.
TW Pro says this is part of a bigger push to bring useful tools to people who manage their own money. The company is focused on giving investors better ways to spot risk without adding confusion or complexity.
More Tools in the Works
TW Pro plans to keep adding tools that help retail investors make smarter choices. The company says it will use feedback from users to improve the new feature over time.
“We’re not here to tell anyone what to do,” the spokesperson said. “But we think people should at least have a fair shot at understanding the risk they’re taking. This is one way to help with that.”
The new risk insight tool is now available to all users on the TW Pro platform. It doesn’t require extra fees or downloads. More updates are expected later this year.
About TW Pro
TW Pro is a financial company that offers access to stocks, ETFs, forex, commodities, indices, and cryptocurrencies. It provides a user-friendly investment platform with low-cost trading, no execution fees, and educational tools like video courses and webinars. TW Pro supports investors with secure account options and a wide range of global market opportunities.
Media Details:
Name: Melanie Davis
Email: MelanieDavis@pro-tw.com
Website: https://pro-tw.com/
Disclaimer: This press release is provided by TW Pro. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector–including cryptocurrency, NFTs, and mining–complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.Speculate only with funds that you can afford to lose.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.
Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.
Source: GlobeNewswire (MIL-OSI)
BALTIMORE, Md., June 24, 2025 (GLOBE NEWSWIRE) — As artificial intelligence (AI) technology sweeps across global financial markets, Panther Quantitative Intelligence Trading Center (PQTIC)’s flagship product, the Ultra X Quantitative Trading System, has become an industry leader due to its exceptional performance. Its innovative AI-driven trading strategies and multi-asset support capabilities have attracted global attention. Recently, The LAO, a world-leading investment-focused decentralized autonomous organization (DAO), initiated talks with PQTIC, proposing to acquire a 20% stake in the Ultra X system for $150 million, which represents a premium of approximately 4.5 times based on the current market value. According to informed sources, the two parties have entered into deep discussions, and PQTIC is evaluating the proposal. This deal not only highlights the immense potential of Ultra X but also injects strong confidence into the future of AI-driven quantitative trading.
Ultra X: A Pioneer in AI Quantitative Trading
Ultra X is PQTIC’s core technological achievement, integrating deep learning, natural language processing, and blockchain technology to provide investors with intelligent and efficient trading solutions. The system supports a variety of assets, including stocks (such as NASDAQ), gold, options, and cryptocurrencies (such as BTC, ETH, USDT). Through precise market predictions and adaptive strategies, it stands out in complex market environments. In 2024, Ultra X’s trading strategy accuracy exceeded 90% (based on PQTIC’s internal data), demonstrating its exceptional competitive advantage.
The LAO’s premium acquisition proposal further validates Ultra X’s market value. As the world’s earliest investment-focused DAO, The LAO is known for its sharp investment insights, and its interest in Ultra X underscores the system’s leading position in the AI quantitative trading field. Industry experts state, “Ultra X’s multi-asset support and real-time monitoring capabilities make it an ideal choice for institutional investors. The LAO’s 4.5x premium acquisition reflects the market’s strong confidence in the potential of AI trading.”
Core Advantages and Features of Ultra X
The success of Ultra X stems from its unique technological advantages and user-oriented design. The following are its core features:
1.High-Precision AI Algorithms: By analyzing vast amounts of market data, on-chain transaction records, and social media sentiment, Ultra X generates precise trading strategies. For example, when the price of BTC surpassed $80,000 in 2024, Ultra X accurately predicted and executed a high-yield strategy.
2.Multi-Asset Coverage: Supports stocks, gold, options, and cryptocurrencies, dynamically adjusting asset allocation to optimize the risk-return ratio, catering to the diverse needs of both institutional and retail investors.
3.Real-Time Market Insights: Provides a visual fund flow dashboard, tracking the movements of cryptocurrencies (such as USDT, BTC, ETH) in real-time to help users make quick decisions.
4.Blockchain-Enabled Ecosystem: Integrates the native token PTR to ensure transparency in trading, while also supporting ecosystem incentives and community governance, enhancing user participation.
Trust and Transparency Assurance
PQTIC has earned widespread trust through transparent and compliant operations. The trading performance of Ultra X and the usage of PTR tokens are disclosed through monthly independent audit reports, available for users to review on the official website (https://pqtic.com). All funds are managed by third-party custodians, and PTR reserves are stored in multi-signature cold wallets for enhanced security. Additionally, PQTIC donates 5% of Ultra X’s profits to educational and technological public welfare projects, showcasing its social responsibility and earning respect from investors and the community.
The ongoing acquisition talks with The LAO further boost market confidence in Ultra X. If the deal is finalized, PQTIC will gain more resources to accelerate the global expansion and technological upgrade of Ultra X, while also providing potential value growth for PTR token holders.
PTR Token: The Link to the Ultra X Ecosystem
The success of Ultra X is closely tied to the support of its native token, PTR. PTR acts as a bridge connecting investors, developers, and the platform. It supports the decentralized financing system for research and development, while offering holders access to premium features and profit sharing (10% of trading profits). PQTIC’s market value management plan and potential repurchase strategy further safeguard the long-term value of PTR. It is expected that the token price could increase by 300%-500% in the next six months (based on similar project performance).
About Panther Quantitative Intelligence Trading Center
Founded in 2017 and headquartered in New York, Panther Quantitative Intelligence Trading Center (PQTIC) is a pioneer in AI-driven quantitative trading. Its flagship product, Ultra X, integrates deep learning, natural language processing, and blockchain technology to provide intelligent trading solutions. With a global partner network, Panther is committed to reshaping the future of wealth creation. Official website: https://pqtic.com.
Media Contact:
Official Website: https://pqtic.com/
Contact Name: Jim Williams
Company Email: service@pqtic.com
Disclaimer: This press release is provided by Panther Quantitative Intelligence Trading Center. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector–including cryptocurrency, NFTs, and mining–complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. Speculate only with funds that you can afford to lose. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.
Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.
Photos accompanying this announcement are available at:
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Source: GlobeNewswire (MIL-OSI)
NEW YORK, June 24, 2025 (GLOBE NEWSWIRE) — SkyCrest Capital, a global fintech innovator, today announced the launch of its transformative Pension Plan, a structured asset growth initiative set to begin on Monday, June 23, 2025. Powered by the proprietary SAX-iCore AI Structural Recognition System and executed via the LEXO decentralized trading platform, the plan targets a 150% net return in its first week, offering individual traders and investors a disciplined, AI-driven path to wealth accumulation.
Headquartered in Manhattan, SkyCrest Capital manages $1.2 billion in assets for over 600 high-net-worth clients across New York, Singapore, and Dubai. Known for its SkyAlpha X 2.0 AI system, which achieves 95% crypto trend prediction accuracy, and the SkyFund Protocol (SKF), SkyCrest now introduces the Pension Plan to democratize structured trading. Unlike traditional models, this initiative emphasizes “rhythm over judgment, system over emotion,” delivering replicable growth through high-probability intraday trades and mid-term positions over a 40-day cycle.
Pension Plan: A Structured Approach to Wealth
The Pension Plan leverages SAX-iCore’s real-time structural analysis to provide:
SkyCrest’s 150% first-week target stems from SAX-iCore’s stress tests, which showed weekly returns of 90% to 160%. “This isn’t a gimmick—it’s a data-driven structural model,” said Nathaniel Ross, SkyCrest’s founder. “Our AI customizes execution to each account, ensuring precision and scalability.”
LEXO Platform: Secure and Transparent Execution
All trades occur on LEXO, a decentralized, MSB-registered platform compliant with FinCEN’s KYC/AML and BSA requirements. LEXO ensures:
“LEXO maximizes autonomy and compliance,” a SkyCrest spokesperson noted. “Participants retain full control while benefiting from AI-driven strategies.”
Strong Early Adoption
SkyCrest pre-evaluated over 500 prospective participants, onboarding the first batch of mid-sized accounts today. Early feedback is positive, with a Texas participant stating, “The SAX-iCore integration is seamless, and my trades this morning show steady gains.” In response to user demand for transparency, SkyCrest will launch a Strategy Visualization Module this week to provide AI rationale and operational insights.
Industry Interest and Future Vision
The Pension Plan has drawn inquiries from New York hedge research institutes, a Silicon Valley AI wealth platform, and an Asian ETF innovation fund, signaling its potential to redefine structured finance. This initiative paves the way for SkyCrest’s 2026 structured fund public offering, combining AI strategies with on-chain transparency.
“The Pension Plan is more than a program—it’s a new financial paradigm,” Ross said. “We’re building a sustainable asset pathway with LEXO’s secure infrastructure.” SkyCrest will continue onboarding participants in controlled batches, with the first performance checkpoint set for Friday, shared via community channels.
SkyCrest Capital invites traders to join this bold venture.
About SkyCrest Capital
Founded in 2019, SkyCrest Capital is a global fintech leader headquartered in New York, blending AI with asset management. Serving high-net-worth clients with equity, crypto, and DeFi strategies, it manages $1.2 billion in assets across a global network.
Contact us Email: sakyskinla@gmail.com
Official Website: https://www.skyskinla.com/
Contact Person: Audrey Sinclair
Company Email: service@skyskinla.com
Disclaimer: This press release is provided by SkyCrest Capital. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector–including cryptocurrency, NFTs, and mining–complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.Speculate only with funds that you can afford to lose.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.
Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.
Photos accompanying this announcement are available at
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Source: GlobeNewswire (MIL-OSI)
DENVER, June 24, 2025 (GLOBE NEWSWIRE) — CoinBom has officially launched its new AI-Powered Copy Trading System, marking a significant milestone in the platform’s continued commitment to intelligent wealth management and quantitative investment. This system integrates advanced AI algorithms with cyclical trading strategies, offering users a more stable and efficient way to grow their digital asset portfolios.
Since its inception, CoinBom has remained committed to the core values of security, transparency, and innovation, building technology-driven financial products that empower users worldwide. The launch of the AI Copy Trading System reflects the platform’s deep insight into market trends and user demands.
Technology-Driven Wealth Growth
The newly introduced AI Copy Trading System combines machine learning, behavioral data analytics, and market cycle modeling. It offers real-time market analysis and automatic execution of strategies, reducing human error while improving trading precision. The system supports customized strategies, making it ideal for both professional traders and novice investors seeking an easy-to-follow, automated experience.
In addition to the copy trading system, CoinBom provides a comprehensive suite of services designed to meet diverse investment needs:
Contract Trading: Supports perpetual and futures contracts for major cryptocurrencies like Bitcoin, Ethereum, and Litecoin, as well as gold, enabling flexible asset allocation.
AI Investment Advisory: Delivers automated portfolio recommendations based on AI analysis, with a historical annualized return rate ranging from 3.5% to 8.2%.
Customized Asset Management: Offers services including spot trading, leveraged investment, DeFi lending, OTC channels, and integrated portfolio management tools to enhance capital efficiency.
Five Pillars of Trust and Innovation
CoinBom’s competitive edge is built on five core strengths:
Top-Tier Security: Implements AES-256 encryption, multi-signature protection, hot/cold wallet separation, and real-time risk monitoring. The platform adheres to SEC and CFTC regulatory frameworks for full compliance.
User-Centric Design: Provides multi-language support, seamless experience across web, iOS, and Android platforms, industry-leading deposit/withdrawal efficiency, and 24/7 customer service.
Innovation-Driven Growth: Continuously introduces cutting-edge fintech products for risk hedging, smart trading, and surplus management, meeting the needs of both retail and institutional users.
Global Expansion Strategy: Actively collaborates with blockchain, AI, and fintech partners to build a globally integrated digital finance ecosystem.
Efficient Wealth Management: Blends AI with quantitative strategies to provide stable, long-term asset growth solutions trusted by high-net-worth individuals and institutions.
Looking Ahead: Building the Future of Global Fintech
CoinBom plans to further strengthen its investment in AI-driven finance, global compliance, and product innovation. The platform will continue expanding its product portfolio and explore new partnerships with global regulatory bodies to promote healthy, sustainable development of the digital asset industry.
“Our goal is to create a more intelligent, efficient, and accessible investment experience for users around the world,” said a CoinBom spokesperson. “Through ongoing innovation and responsible technology, we’re shaping the future of digital finance.”
About CoinBom
Founded in 2020 and headquartered in the United States, CoinBom is a global digital asset trading platform focused on contract trading, AI investment advisory, and multi-asset management. With its commitment to security, transparency, and technological innovation, CoinBom continues to offer trustworthy financial solutions to users around the world.
For more information, please visit the official website: www.coinbom.co or contact media@coinbom.co.
Media Contact
Company Name: CoinBom
Website: https://coinbom.co/
Contact: Boron Pinney
Email: support@coinbom.co
Disclaimer: This press release is provided by CoinBom. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector–including cryptocurrency, NFTs, and mining–complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.Speculate only with funds that you can afford to lose.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.
Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.
Photos accompanying this announcement are available at
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Source: People’s Republic of China – State Council News
In the heartland of China, near a 4,500-year-old farmland, a team of agricultural scientists is modernizing an ancient practice. They are using big data analytics and AI modeling to study and improve the yield of a specific plot of land.
At the experimental field near the Baodun Site, where evidence of ancient rice cultivation was found, researchers from Sichuan Agricultural University are using AI-powered models to simulate the result of different hybrid rice varieties.
The modern research method has greatly saved time, unlike the conventional approach, which would require waiting until the harvesting season of a certain rice hybrid, researchers said.
Chinese archaeologists have unearthed carbonized rice, millet, and foxtail millet at the Baodun site, a walled enclosure dating from 4,500 to 4,200 years back. This late Neolithic culture emerging on the Chengdu Plain in southwestern China, bears witness to the agricultural dawn of ancient Chinese civilization. Today, the site’s agricultural values, and also archaeological and economic values are being explored and expanded through technological means.
In a nearby lab, researchers are constructing a 3D image of the site to study the impact of ancient floods and to understand how the walled structures may have contributed to the prosperity of the plain. Not far from the site, the Tianfu Agricultural Expo Park, sprawling 96 square km, accommodates eco-farming, expo and innovative farming practices.
The park with integrated platforms blending culture, commerce, agriculture, and tourism has transformed muddy fields into vibrant cultural spaces, said Yuan Zhouping, director of agricultural industry department of the Sichuan Tianfu Agricultural Expo Park Investment Co., Ltd.
In addition to rice cultivation, silk-weaving, another ancient invention that originated at the Chengdu Plain, has received a modern technological boost.
At the Jinmen Creative Park showcasing the silk culture, the application of AI in Shu Brocade bridges tradition and innovation. Clients submit AI-generated photos for machines to weave into brocade bases before artisans embroider.
“AI-assisted brocade slashes design time and ensures uniqueness,” said Zhong Ming, director of Sichuan Shujing Cultural Communication Co., Ltd., “It turns consumers into co-creators, revitalizing intangible heritage.”
Juxtaposing the modern brocade is a six-meter-tall Tang Dynasty (618-907) loom, with its warp and weft threads labeled “1” and “0” revealing a binary code. The centuries-old brocade patterns are also being digitized and analyzed to foster innovation, Zhong said.
China has more than 7,000 officially registered museums which attracted 1.49 billion visits last year. Across the country, the increasingly wide use of AI, VR and AR now facilitates the preservation, utilization and exhibition of cultural relics and heritage.
In Chengdu, ancient paper money, or jiaozi from the 10th century, inspires creative works now exhibited at the city’s art museum. Digital docents offer immersive tours and answer questions instantly for interested museum-goers. Kiln museums market tea sets based on golden masks freshly unearthed from the Sanxingdui Site, a rich and mysterious city. These innovative pieces are being sold on livestreaming platforms and have gained popularity among young consumers. ■
Source: Asia Development Bank
ADB has approved a loan of $350 million to support access to finance for women in Pakistan. The funding will support the second phase of the Women-Inclusive Finance Sector Development Program, which includes a $300 million policy-based loan and a $50 million financial intermediation loan designed to fund credit facilities and guarantees that support women’s entrepreneurship through improving their access to finance.
US Senate News:
Source: United States Senator for North Carolina Thom Tillis
WASHINGTON, D.C. – Senator Thom Tillis (R-NC) and 10 of his Republican Senate colleagues introduced the Protect Our Bases Act, legislation that strengthens national security by ensuring the Committee on Foreign Investment in the United States (CFIUS) can effectively review foreign land purchases near sensitive military, intelligence, and national laboratory sites.
“We must address the growing threat from the Chinese Communist Party and other hostile regimes trying to get close to our most sensitive military and intelligence sites,” said Senator Tillis. “The Protect Our Bases Act ensures the Committee on Foreign Investment in the United States has the most up-to-date information on key U.S. national security locations so dangerous land purchases can be blocked well before they become security risks.”
BACKGROUND:
In 2022, Fufeng Group, a Chinese company with ties to the Chinese Communist Party, announced it would purchase land near Grand Forks Air Force Base in North Dakota. CFIUS determined that it could not evaluate the transaction for national security risks because the Department of Defense had not listed the base as a sensitive site for national security purposes. Although the City of Grand Forks ultimately blocked the transaction, the incident demonstrated a significant flaw in the review process of foreign land purchases. CFIUS relies on its member agencies to provide updated information on sensitive military, intelligence, and national laboratory sites in order to properly assess the security risk of foreign investment in our country. If CFIUS member agencies do not appropriately update their site lists, CFIUS cannot ensure an accurate review.
In addition to requiring agencies represented on CFIUS to provide updated records of the military, intelligence, and national laboratory facilities that should be sensitive sites on an annual basis, the Protect Our Bases Act makes these records easier for CFIUS to use for national security reviews and requires CFIUS to submit an annual report to Congress certifying the completion of such reviews and the accuracy of its real estate listings.
Full text of the bill is available HERE.
Source: GlobeNewswire (MIL-OSI)
ALBUQUERQUE, N.M., June 24, 2025 (GLOBE NEWSWIRE) — Array Technologies, Inc. (NASDAQ: ARRY) (the “Company” or “ARRAY”) today announced that it has priced an upsized offering of $300 million in aggregate principal amount of 2.875% convertible senior notes due 2031 (the “Notes”) in a private placement (the “Offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A of the Securities Act of 1933, as amended (the “Securities Act”). ARRAY has also granted the initial purchasers of the Notes an option to purchase, for settlement within a 13-day period from, and including the date on which the Notes are first issued, up to an additional $45 million in aggregate principal amount of Notes. The Offering is expected to close on June 27, 2025, subject to the satisfaction of customary closing conditions.
The Notes will be senior, unsecured obligations of ARRAY, and will accrue interest at a rate of 2.875% per annum, payable semiannually in arrears on January 1 and July 1 of each year, beginning on January 1, 2026. The Notes will mature on July 1, 2031, unless earlier redeemed, repurchased or converted.
ARRAY estimates that the net proceeds from the Offering will be approximately $290.4 million (or approximately $334.1 million if the initial purchasers exercise their option to purchase additional Notes in full), after deducting the initial purchasers’ discounts and estimated expenses payable by ARRAY. ARRAY intends to use (i) $150 million of the net proceeds to repay outstanding indebtedness under its term loan facility, (ii) approximately $30.5 million of the net proceeds to fund the cost of entering into the capped call transactions described below and (iii) a portion of the net proceeds to fund repurchases of approximately $100 million in aggregate principal amount of its outstanding 1.00% Convertible Senior Notes due 2028 (the “Existing Convertible Notes”) for approximately $78.3 million in cash, plus accrued and unpaid interest. ARRAY intends to use any remaining net proceeds from the Offering for general corporate purposes, which may include additional repayments or repurchases of outstanding indebtedness. If the initial purchasers exercise their option to purchase additional Notes, ARRAY expects to use a portion of the net proceeds from the sale of the additional Notes to enter into additional capped call transactions.
At any time prior to the close of business on the business day immediately preceding April 1, 2031, the Notes will be convertible at the option of the holders of the Notes only upon the satisfaction of specified conditions and during certain periods. On or after April 1, 2031, until the close of business on the second scheduled trading day immediately preceding the maturity date, the Notes will be convertible at the option of the holders of the Notes at any time regardless of these conditions. The initial conversion rate will be 123.1262 shares of ARRAY’s common stock per $1,000 principal amount of Notes (equivalent to an initial conversion price of approximately $8.12 per share of ARRAY’s common stock). The initial conversion price of the Notes represents a premium of approximately 27.5% over the last reported sale price of ARRAY’s common stock on the Nasdaq Global Market (the “Nasdaq”) on June 24, 2025.
Upon conversion of the Notes, ARRAY will pay cash up to the aggregate principal amount of the Notes to be converted and pay or deliver, as the case may be, cash, shares of ARRAY’s common stock or a combination of cash and shares of ARRAY’s common stock, at ARRAY’s election, in respect of the remainder, if any, of ARRAY’s conversion obligation in excess of the aggregate principal amount of the Notes being converted, based on the then applicable conversion rate.
ARRAY may redeem for cash all or any portion of the Notes, at its option, on or after July 6, 2029 and prior to the 41st scheduled trading day immediately preceding the maturity date, if the last reported sale price of ARRAY’s common stock has been at least 130% of the conversion price then in effect for at least 20 trading days (whether or not consecutive) during any 30 consecutive trading day period (including the last trading day of such period) ending on, and including, the trading day immediately preceding the date on which ARRAY provides notice of redemption at a redemption price equal to 100% of the principal amount of the Notes to be redeemed, plus accrued and unpaid interest to, but excluding, the redemption date. No sinking fund is provided for the Notes.
Subject to certain conditions, if ARRAY undergoes a “fundamental change” (as defined in the indenture that will govern the Notes), holders of the Notes may require ARRAY to repurchase for cash all or any portion of their Notes at a fundamental change repurchase price equal to 100% of the principal amount of the Notes to be repurchased, plus any accrued and unpaid interest to, but excluding, the fundamental change repurchase date. In addition, upon certain corporate events that occur prior to the maturity date or upon redemption, ARRAY will, under certain circumstances, increase the conversion rate for holders who elect to convert their Notes in connection with any such corporate event or convert their Notes called (or deemed called) for redemption during the related redemption period, as the case may be.
In connection with the pricing of the Notes, ARRAY entered into privately negotiated capped call transactions with certain of the initial purchasers or their respective affiliates and certain other financial institutions (the “option counterparties”). The capped call transactions will cover, subject to anti-dilution adjustments, the number of shares of ARRAY’s common stock initially underlying the Notes sold in the Offering. The capped call transactions are expected generally to reduce potential dilution to ARRAY’s common stock upon conversion of any Notes and/or offset any cash payments ARRAY is required to make in excess of the principal amount of converted Notes, as the case may be, with such reduction and/or offset subject to a cap based on a cap price initially equal to $12.74 per share which represents a premium of 100% over the last reported sale price of ARRAY’s common stock on the Nasdaq on June 24, 2025.
ARRAY has been advised that, in connection with establishing their initial hedges of the capped call transactions, the option counterparties or their respective affiliates expect to purchase shares of ARRAY’s common stock and/or enter into various derivative transactions with respect to ARRAY’s common stock concurrently with or shortly after the pricing of the Notes. This activity could increase (or reduce the size of any decrease in) the market price of ARRAY’s common stock or the Notes at that time. In addition, the option counterparties or their respective affiliates may modify their hedge positions by entering into or unwinding various derivatives with respect to ARRAY’s common stock and/or purchasing or selling ARRAY’s common stock or other securities of ARRAY in secondary market transactions following the pricing of the Notes and prior to the maturity of the Notes (and are likely to do so (x) during any observation period related to a conversion of Notes or following any repurchase of Notes in connection with any “fundamental change” (as defined in the indenture for the Notes) and (y) following any other repurchase of Notes if ARRAY elects to unwind a portion of the capped call transactions in connection with such repurchase). This activity could also cause or avoid an increase or decrease in the market price of ARRAY’s common stock or the Notes, which could affect the ability of noteholders to convert the Notes and, to the extent the activity occurs during any observation period related to a conversion of Notes, it could affect the amount and value of the consideration that noteholders will receive upon conversion of the Notes.
In connection with the pricing of the Notes, ARRAY entered into separate and individually negotiated transactions with certain holders of the Existing Convertible Notes to repurchase approximately $100 million in aggregate principal amount of the Existing Convertible Notes for approximately $78.3 million in cash, plus accrued and unpaid interest, using a portion of the net proceeds from the Offering (the “Existing Convertible Note Repurchases”). Holders of any Existing Convertible Notes that are repurchased as described above may enter into or unwind various derivatives with respect to ARRAY’s common stock (including entering into derivatives with one or more of the initial purchasers in the Offering or their respective affiliates) and/or purchase or sell shares of ARRAY’s common stock, which may occur concurrently with or shortly after the pricing of the Notes.
The Existing Convertible Note Repurchases and the potential related market activities by holders of the Existing Convertible Notes that are repurchased by ARRAY could increase (or reduce the size of any decrease in) or decrease (or reduce the size of any increase in) the market price of ARRAY’s common stock, which may affect the trading price of the Notes at that time and the initial conversion price of the Notes. ARRAY cannot predict the magnitude of such market activity or the overall effect it will have on the price of the Notes or ARRAY’s common stock.
Neither the Notes nor the shares of ARRAY’s common stock potentially issuable upon conversion of the Notes, if any, have been, or will be, registered under the Securities Act, the securities laws of any other jurisdiction or any state securities laws and, unless so registered, may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state laws. The Notes will be offered and sold only to persons reasonably believed to be qualified institutional buyers in the United States pursuant to Rule 144A under the Securities Act. This news release is for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, the Notes, nor shall there be any sale of the Notes in any state or jurisdiction in which such offer, solicitation or sale is unlawful.
About Array Technologies, Inc.
ARRAY Technologies, Inc. (NASDAQ: ARRY) is a leading global provider of solar tracking technology to utility-scale and distributed generation customers, who construct, develop, and operate solar PV sites. With solutions engineered to withstand the harshest weather conditions, ARRAY’s high-quality solar trackers, software platforms and field services combine to maximize energy production and deliver value to ARRAY’s customers for the entire lifecycle of a project. Founded and headquartered in the United States, ARRAY is rooted in manufacturing and driven by technology – relying on its domestic manufacturing, diversified global supply chain, and customer-centric approach to design, deliver, commission, train, and support solar energy deployment around the world.
Media Contact:
Nicole Stewart
505-589-8257
nicole.stewart@arraytechinc.com
Investor Relations Contact:
ARRAY Technologies, Inc.
Investor Relations
investors@arraytechinc.com
Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “shall,” “expect,” “anticipate,” “believe,” “seek,” “target,” “continue,” “could,” “may,” “might,” “possible,” “potential,” “predict” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding the completion of the Offering, the expected amount and intended use of the net proceeds and the anticipated effects of entering into the capped call transactions and the Existing Convertible Note Repurchases. Forward-looking statements involve inherent risks and uncertainties, and important factors (many of which are beyond the Company’s control) that could cause actual results to differ materially from those set forth in the forward looking statements, including risks and uncertainties associated with market conditions, including market interest rates, the trading price and volatility of ARRAY’s common stock, and risks relating to this Offering, the Company’s business and operations and results of financing efforts, including those described in more detail in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, Quarterly Report on Form 10-Q for the quarter ended March 31, 2025 and subsequent reports and other documents on file with the U.S. Securities and Exchange Commission. The forward-looking statements included in this press release speak only as of the date of this press release. Except as required by law, the Company does not undertake, and specifically disclaims, any obligation to update any forward-looking statements to reflect events or circumstances occurring after the date of such statements.
