Category: Finance

  • MIL-OSI: Bitcoin Solaris Enters Final Weeks of Presale with Explosive Growth and Mobile Mining Breakthrough

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, June 20, 2025 (GLOBE NEWSWIRE) — Bitcoin Solaris (BTC-S), a next-generation blockchain project focused on scalability, energy efficiency, and mobile accessibility, has officially entered the final weeks of its presale, marking a pivotal moment for early adopters. With the presale set to close on July 31, momentum is surging as thousands of users join what’s quickly becoming one of the most talked-about launches in the crypto space.

    At the heart of Bitcoin Solaris is a mission to create a blockchain that’s not only high-speed and secure but also accessible to everyday users. Designed with mobile-first infrastructure and built on a dual-consensus model, BTC-S is setting the stage for a blockchain ecosystem capable of supporting real-world use cases—from decentralized finance (DeFi) and NFTs to tokenized real estate and e-voting.

    The Engine Behind Bitcoin Solaris: Power Meets Practicality

    Bitcoin Solaris doesn’t just promise innovation, it delivers it at the protocol level. By combining a dual-consensus mechanism and mobile-first scalability, BTC-S brings a completely modernized architecture to the table.

    Here’s how it breaks away from outdated networks:

    • Hybrid Consensus: The network integrates Proof-of-Work (PoW) for security and decentralization, while its Solaris Layer uses Delegated Proof-of-Stake (DPoS) to accelerate throughput and reduce energy usage.
    • Validator Rotation: The system replaces validators every 24 hours, using a slashing mechanism to penalize underperformers, which ensures network health and prevents centralization.
    • Energy Efficient by Design: With lower block production costs and sustainable mobile mining through the upcoming Solaris Nova app, Bitcoin Solaris is aligned with the future of eco-conscious crypto.

    The performance is unmatched in its tier:

    • Up to 100,000 TPS on the Solaris Layer with 2-second finality
    • Base Layer supports 3,000 TPS, optimizing smart contract and cross-layer interactions

    Smart Contracts at Lightning Speed See Why Developers Love BTC-S

    A Wealth-Building Engine for the Mobile Generation

    At the core of BTC-S’s mass appeal is its accessibility. The upcoming Solaris Nova app introduces mobile mining, allowing users to participate using just their smartphones, no expensive rigs, no complicated setups. You can estimate potential earnings through their mining calculator, showing exactly how BTC-S plans to bring mining rewards back to the people.

    This seamless user experience is one of the key reasons the project is catching fire. Unlike Bitcoin, which requires industrial-scale hardware to earn a fraction of a coin, Bitcoin Solaris is opening the gates for everyday investors to benefit directly from the network’s growth.

    Real-World Utility Backed by Robust Infrastructure

    Bitcoin Solaris is more than just a fast network. It’s built for real-world adoption, including support for:

    • Smart contracts built on a Rust-based environment
    • DeFi, NFTs, tokenized real estate, healthcare data, and even e-voting mechanisms
    • Seamless integration with Solana tools to drive early dApp development and adoption

    The dual-layer architecture also enhances privacy via optional Zero-Knowledge Proofs and protects against 51% and long-range attacks, making BTC-S a secure, high-speed alternative for serious developers and investors alike.

    Security and transparency are reinforced by successful audits from both Cyberscope and Freshcoins, giving investors confidence in its infrastructure.

    The Presale Frenzy: Numbers Don’t Lie

    Bitcoin Solaris is currently in Phase 8 of its presale, priced at just $8. With a launch price set at $20, and less than 7 weeks left until it ends on July 31, the clock is ticking.

    • Over $5M raised
    • 150% potential return
    • 11,500+ users have already joined
    • One of the shortest and most explosive presales in crypto history

    Visit the Bitcoin Solaris site now before it enters Phase 9. Momentum is growing fast, just check crypto YouTube channels. Influencers like Ben Crypto and 2Bit Crypto have each done a full breakdown of why this is one of the most exciting crypto launches this year.

    Why Bitcoin Solaris Could Make Its Early Backers Rich

    There’s no one-size-fits-all in crypto, but Bitcoin Solaris is checking all the right boxes for those hunting high-upside projects:

    • Groundbreaking architecture with scalability, security, and efficiency
    • A mobile mining model designed for mass adoption
    • A reward system structured to benefit long-term participants
    • Backed by solid audits, a fast-growing community, and transparent development

    More than just a presale buzzword, BTC-S represents the kind of practical, accessible crypto opportunity that’s been missing from the market for years. The fact that the network is designed to reward real usage, not just holding, means that early adopters stand to gain much more than just token appreciation.

    As excitement builds and new features continue to roll out, Bitcoin Solaris is proving it’s not here to follow Bitcoin, it’s here to outshine it.

    For more information on Bitcoin Solaris:
    Website: https://www.bitcoinsolaris.com/
    Telegram: https://t.me/Bitcoinsolaris
    X: https://x.com/BitcoinSolaris

    Media Contact:
    Xander Levine
    press@bitcoinsolaris.com
    Press Kit: Available upon request

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

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

    Photos accompanying this announcement are available at :

    https://www.globenewswire.com/NewsRoom/AttachmentNg/3d06364b-8c2e-400e-b903-99f868837c35

    https://www.globenewswire.com/NewsRoom/AttachmentNg/be1e4f4a-1109-4367-9a7e-0182cbdf6fe9

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    The MIL Network

  • MIL-OSI: Gate Releases May 2025 Transparency Report: Brand Revamp Ignites Strategic Acceleration

    Source: GlobeNewswire (MIL-OSI)

    PANAMA CITY, June 20, 2025 (GLOBE NEWSWIRE) — Gate, a global leader in cryptocurrency trading, has released its May 2025 Transparency Report, revealing remarkable growth across key business indicators. Amid improving market sentiment and a maturing regulatory landscape, the platform recorded historic highs in trading volume and user activity, accelerated brand globalization efforts, advanced compliance achievements, and further expanded its Web3 ecosystem.

    Trading Volume and User Base Hit New Milestones
    In May 2025, Gate saw a substantial year-over-year increase in total trading volume, driven by strong performance in both spot and futures markets. Futures trading, in particular, has become a primary growth engine for trading activity. Gate now ranks second globally in 24-hour spot trading volume, reinforcing its position among the world’s leading exchanges.

    The platform’s user base surpassed 27 million registered users, reflecting continued global momentum and growing brand influence. Meanwhile, Gate Earn has seen explosive growth, now supporting nearly 1,000 digital assets with $2 billion in total assets under management. Its Dual Investment product now supports 60 tokens, and remains one of the most popular structured finance offerings on the market.

    This month, Gate was also honored with the “Best Crypto Exchange 2025” award by Entrepreneur Middle East, recognizing the platform’s excellence in user protection, operational stability, and regulatory compliance.

    Global Brand Revamp: New Domain Gate.com and New Logo Launched
    On May 19, Gate officially launched its new domain, Gate.com, alongside a redesigned logo, marking a bold step forward in its global rebranding strategy. This upgrade unifies visual identity across global operations and enhances international recognition and user trust. The rebrand coincides with Gate’s vision of becoming the “Next-Generation Crypto Exchange”, a platform at the intersection of global compliance, user-centric design, and Web3 innovation.

    The rebranding covers all Gate entities globally, including licensed operations in Japan, Dubai, and Europe, delivering a consistent and professional brand presence worldwide.

    Product Ecosystem Expansion Drives Growth in User Engagement and Assets
    In May, Gate’s continuous product innovation led to a significant boost in its platform ecosystem. The relaunch of Launchpad sparked market excitement, with the debut project Puffverse (PFVS) oversubscribed by more than 93,800%, attracting 35,000 participants and raising $656 million. Gate Alpha, focusing on meme asset trading, launched hundreds of projects in May, distributed over $1 million in airdrops, and generated billions in trading volume. Launchpool introduced nearly 20 new projects, distributed over $3 million in rewards, and peaked at over 1,000% annualized returns. HODLer Airdrop launched nearly 30 projects, attracted more than 170,000 participants, distributed over $800,000 in rewards, and saw over $38 million in total staking volume. CandyDrop launched nearly 20 airdrop campaigns, drawing over 500,000 participants with a prize pool close to 3 million USDT. The synchronized growth of these core product lines demonstrates Gate’s leading edge in product innovation and user attraction.

    Accelerating Asset Transparency and Compliance Leadership, Reserve Ratio Reaches 128.57%
    As of May 2025, Gate’s total reserve assets reached $10.865 billion, with an impressive reserve ratio of 128.57%, far exceeding the 100% industry benchmark. BTC, ETH, and USDT reserves all maintained surplus coverage, with BTC reserve ratio at 137.69%. These figures reflect Gate’s long-standing commitment to transparency and financial strength.

    On the compliance front, Gate Technology FZE, a part of Gate, has obtained a VASP License under the regulation and supervision of VARA in Dubai to provide exchange services and is permitted to serve institutional investors, qualified investors, and retail investors. This milestone marks another significant step forward in Gate’s global compliance strategy.

    Expanding Web3 Culture with Brand Campaigns and Global Events
    In May, Gate intensified its brand presence through multiple high-profile events. Gate 12th Anniversary Global Celebration concluded in Dubai, where CEO Dr. Han outlined the vision of Gate as the next-generation crypto exchange. SPORT3 DUBAI 2025 united Web3 and sports through cross-industry activities. Gate hosted global KOLs at Inter Milan’s home stadium and celebrated Bitcoin Pizza Day with custom pizza deliveries to users and partners. At the Formula 1 Monaco Grand Prix, Gate CBO Kevin Lee represented the brand in collaboration with Oracle Red Bull Racing. Gate’s NFT drop with Red Bull Racing exceeded 1 million mints, engaging over 200,000 participants. Yann Sommer, Serie A champion and Inter‘s goalkeeper, joined as a Gate Friend, symbolizing the platform’s commitment to asset security.

    Promoting Education, Research, and Social Responsibility, Demonstrating Platform Impact
    In May, Gate continued to make strides in educational outreach and social responsibility. Gate Learn released educational content and courses covering trending topics such as DeFi, RWA, and AI, helping users systematically enhance their understanding. Gate Research deepened its efforts in policy interpretation and market analysis, strengthening its expertise in critical areas like meme coins, public chains, and ETFs. During the same month, Gate Charity partnered with Forum Animal to launch a public welfare campaign in São Paulo, Brazil, calling for an end to animal testing and promoting global awareness around animal welfare and ethics, demonstrating the platform’s enduring commitment to sustainable values.

    A New Chapter Begins, Advancing Toward Industry Leadership
    May 2025 marks a pivotal chapter in Gate’s journey. With a newly unified brand identity, record-breaking business growth, and deeper integration across product, compliance, and community initiatives, Gate is accelerating its path toward becoming a truly global, next-generation crypto platform.

    As the company moves beyond its 12th anniversary milestone, Gate remains committed to innovation, compliance, and user empowerment, opening the gate to a more open, secure, and sustainable Web3 future.

    About Gate
    Gate, founded in 2013 by Dr. Han, is one of the world’s earliest cryptocurrency exchanges. The platform serves over 27 million users with 3,600+ digital assets and pioneered the industry’s first 100% proof-of-reserves. Beyond core trading services, Gate’s ecosystem includes Gate Wallet, Gate Ventures, and other innovative solutions, while its global partnerships extend to top-tier sports brands like Oracle Red Bull Racing in F1 and Inter.

    For more information, please visit: WebsiteXTelegramLinkedInInstagramYouTube

    Media Contact:
    Loyo at loyo@gate.com

    Disclaimer:
    This content does not constitute an offer, solicitation, or recommendation. You should always seek independent professional advice before making investment decisions. Gate may restrict or prohibit certain services in specific jurisdictions. For more information, please read the User Agreement via https://www.gate.com/user-agreement.

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2094b08d-a56f-4b60-87ee-08786b74ed79

    The MIL Network

  • MIL-OSI: Danish Ministry of Digitalization begins testing F2 with open source document editing

    Source: GlobeNewswire (MIL-OSI)

    Press Release no. 04/2025

    Danish Ministry of Digitalization begins testing F2 with open source document editing

    Copenhagen, June 20, 2025

    The Danish Ministry of Digitalization has announced the launch of a pilot project to explore digital sovereignty, using cBrain’s (NASDAQ: CBRAIN) F2 platform as the foundation for testing an integrated open source alternative to traditional office software.

    Digitalization Minister Caroline Stage stated: “We have a political obligation to ensure that our IT systems are not dependent on a few large companies. This pilot is a welcome and concrete first step in that direction.”

    A group of employees within the ministry’s department will begin using F2 with a newly integrated document editing module based on Collabora, the open source solution built on LibreOffice.

    The pilot will assess whether Collabora, integrated into F2, can meet the ministry’s key requirements for document handling such as compatibility with government templates, reliable document conversion, change tracking, and support for advanced formatting. The findings will inform future decisions regarding broader adoption across the ministry.

    From a technical perspective, cBrain’s F2 platform is built on an open architecture that separates data from editing tools. This enables government organizations to use multiple types of editing software in parallel and even allows individual users to choose their preferred editing tools while still working collaboratively on the same shared documents.

    Best regards

    Per Tejs Knudsen, CEO

    Inquiries regarding this Press Release may be directed to 

    Ejvind Jørgensen, CFO & Head of Investor Relations, cBrain A/S, ir@cbrain.com, +45 2594 4973

    Attachment

    The MIL Network

  • MIL-OSI Africa: First Quantum Minerals’ Zambian Country Manager Joins African Mining Week (AMW) 2025

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

    Download logo

    Godwin Beene, Country Manager for Zambia at mining firm First Quantum Minerals, will speak at the upcoming African Mining Week (AMW) conference – Africa’s premier event for the mining sector. During the event, Beene will join a high-level panel discussion titled Zambia: Accelerating Exploration and Development Through License Allocation and Global Partnerships, where he is expected to share insights into the company’s Zambian strategy.

    Beene’s participation at AMW 2025 comes as Zambia intensifies efforts to attract global investment and scale-up copper production to three million tons per annum by 2031. As a key player in the market, First Quantum Minerals plays a pivotal role in driving Zambia’s mining sector forward. Beene’s participation at AMW 2025 presents an opportunity for the company to engage with potential partners, investors and service providers aligned with the company’s long-term strategy.

    AMW 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.

    First Quantum Minerals continues to advance several impactful mining operations in Zambia. At the Kansanshi Mine, the company produced 46,544 tons of copper in Q1, 2025 alone, with a full-year target of 190,000 tons of copper and 110,000 ounces of gold. The Kansanshi S3 Expansion Project is also on track to begin production this year, setting the stage for increased output in the coming years. The S3 Expansion Project comprises an expanded mining fleet and smelter as well as the development of the South East Dome pit and a new processing plant. This will increase the life of mine until 2040.

    Meanwhile, Sentinel Mine reported 46,361 tons of copper production in Q1, 2025, with aims to reach 230,000 tons by year-end. At the Enterprise Nickel Mine – situated 12 km from the Sentinel copper mine – the company produced 4,649 tons of nickel during Q1, 2025, increasing output by 25% compared to the previous quarter. The company plans to produce 25,000 tons of nickel in 2025 at the mine, with a focus on ore quality and grade control.

    At AMW 2025, Beene’s insights will provide greater understanding of these projects, including their impact on Zambia’s mining industry. Held under the theme From Extraction to Beneficiation: Unlocking Africa’s Mineral Wealth, the event will serve as a key platform for forging global partnerships, accelerating exploration and promoting sustainable growth across the continent’s mining sector. With a session focused on Zambia, industry leaders such as Beene will engage with government officials, financiers and technology providers to shape the future of mining in the country.

    – on behalf of Energy Capital & Power.

    MIL OSI Africa

  • MIL-OSI Russia: Canada to adjust tariffs on US steel, aluminum as trade talks progress – Treasury

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    OTTAWA, June 20 (Xinhua) — Canada’s federal government will adjust counter-tariffs on U.S. steel and aluminum products from July 21 in line with progress in broader trade talks, the country’s Finance Ministry said Thursday.

    “As the government negotiates a new economic and security partnership with the United States, we will ensure that workers and industry are protected from unfair and unprovoked U.S. tariffs,” the statement said.

    “We will take as much time as it takes to negotiate the best deal for Canada,” the department quotes Prime Minister Mark Carney as saying. –0–

    MIL OSI Russia News

  • MIL-OSI: ZA Miner Launches New Dogecoin Cloud Mining Contract Amid Crypto Market Uncertainty

    Source: GlobeNewswire (MIL-OSI)

    LONDON, June 20, 2025 (GLOBE NEWSWIRE) —

    As the crypto market rides another wave of volatility, both seasoned miners and curious newcomers are looking for safer, more accessible ways to stay in the game. That’s where ZA Miner steps in. In response to today’s shifting landscape, the UK-based platform, founded in 2020, has launched a new Dogecoin cloud mining contract designed for simplicity, consistency, and low entry costs.

    Known for combining green energy with user-friendly cloud mining, ZA Miner continues to make mining approachable for everyone, with no expensive gear or technical know-how needed. The new Dogecoin cloud contract fits perfectly with the growing demand for environmentally conscious mining and the increasing popularity of altcoins like Dogecoin, especially in unpredictable markets.

    This latest offering allows users to tap into automated, daily DOGE rewards while minimizing complexity and risk. In a space that’s constantly evolving, ZA Miner gives everyday users a smarter way to stay involved and earn, without riding the full rollercoaster of crypto trading.

    Why is Dogecoin Cloud Mining Taking Over The Crypto World In 2025?

    Dogecoin cloud mining is becoming the go-to choice for crypto enthusiasts in 2025, offering a strain-free route to earning daily rewards, even when market prices dip. Industry leaders are rolling out AI-powered mining packages that deliver up to 10X greater efficiency. The platforms leverage advanced algorithms to maximize hash power and reduce energy usage while boosting profits. With Dogecoin transitioning to a proof‑of‑stake model and slashing energy consumption by over 99.9%, it’s now firmly ranked among the most sustainable coins to mine.

    What’s driving this Dogecoin cloud mining surge? First, Dogecoin’s low transaction fees and fast confirmation times have turned it into a favored real-world payment option, not just a meme. Second, platforms powered by AI, green energy infrastructure, and fully automated user experiences are eliminating technical entry barriers; anyone can start mining with no hardware, no power bills, and zero management hassle.

    If 2025 has taught us anything, it’s that investors value stability as much as upside. Dogecoin cloud mining platforms now offer that stability, a predictable income stream that keeps rolling in rain or shine, with added environmental credibility thanks to renewable energy commitments. For those looking to stay active in crypto without riding the rollercoaster, cloud mining DOGE in 2025 is looking more like a strategic pivot than a side bet.

     “At ZA Miner, we’re on a mission to do more than just mine. We’re here to reshape the future of cloud computing. Our goal is to create real, lasting value for our users while doing right by the planet. This isn’t just innovation, it’s a movement. And you’re invited to be part of it,” said ZA Miner Spokesperson.

    ZA Miner Cloud Mining Contracts – 2025

    ZA Miner offers flexible, AI-powered Cloud mining contracts tailored to every budget, from curious newcomers to seasoned investors. Each plan pays out rewards daily and includes built-in referral commissions for extra earning potential.

    Plan Name Investment Duration Daily Earnings Total Return ROI (%) Referral Bonus (L1 / L2 / L3)
    DOGE Starter Miner $100 1 Day $2.00 $102.00 2.00% 0% / 0% / 0%
    DOGE Classic Miner $550 3 Days $9.96 $579.87 5.40% 7% / 3% / 1%
    DOGE Classic Miner $1,360 5 Days $25.02 $1,485.12 9.20% 7% / 3% / 1%
    DOGE Premium Miner $2,500 9 Days $47.75 $2,929.75 17.20% 7% / 3% / 1%
                 

    These cloud mining contracts include instant USDT payouts every 24 hours, allowing users to begin earning passive income immediately.

    Other outstanding Features Included Across All Plans are:

    • No need for hardware or technical setup
    • AI-optimized mining powered by renewable energy
    • Lifetime referral rewards for sharing with friends

    Refer your friends and earn lifetime rewards while enjoying fully automated mining backed by sustainable technology. Ready to start? Visit the ZA Miner official Website, and claim your free $100 bonus to mine DOGE today.

    How To Start Dogecoin Cloud Mining With ZA Miner

    1. Sign Up & Join the Future of Mining- Create your free ZA Miner account and unlock access to cutting-edge, clean energy-powered cloud mining.

    2. Pick a DOGE Mining Plan That Works for You- Select your ideal mining contract,  whether you’re just starting or scaling up, there’s a plan to match your goals. Purchase and start earning passive income effortlessly.

    3. Watch Your Earnings Grow Daily- Sit back and relax as your mining rewards are automatically credited to your account every single day, stable, secure, and hassle-free.

    Join ZA Miner today and experience the future of cloud mining

    Conclusion

    Whether you’re looking to grow your crypto portfolio or just want a steady way to earn daily income without lifting a finger, ZA Miner stands out as a top choice for 2025. With multiple ways to earn, from daily mining rewards to a rewarding two-tier referral program, global bounty campaigns, and a VIP club for loyal users. ZA Miner makes it easy to turn your time online into real returns. Fully certified by the FCA and built with an intuitive platform, it’s no wonder millions around the world are already earning passively. Ready to mine smarter? Join the ZA Miner community and get started today.

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/bb07576f-dede-470d-add7-f0e317875c7e

    https://www.globenewswire.com/NewsRoom/AttachmentNg/cf696df9-4fab-4dc9-85eb-e50f60fade4d

    The MIL Network

  • MIL-OSI Africa: Case Backlog at Independent Police Investigative Directorate (IPID) Contributing to Lack of Consequences within South African Police Service (SAPS)

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

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    The Portfolio Committee on Police is concerned that the Independent Police Investigative Directorate (IPID) continues to face a huge case backlog, which negatively impacts on its ability to deliver on its mandate. The committee met with both IPID and the Private Security Industry Regulatory Authority (PSiRA) on the revised annual performance plan and strategic plan.

    “IPID plays a critical role in ensuring accountability from the South African Police Service (SAPS), and the backlog directly undermines this drive. While the committee has noted various interventions to clear the backlog, the reality is that victims of police abuse of authority remain without recourse,” said Mr Ian Cameron, the Chairperson of the committee. The committee is concerned that there is a backlog of 14 469 cases carried over to this financial year and has called for urgent strategies to remedy the concern.

    While the committee welcomes the R126.3 million additional funding over the medium term and is hopeful that it will significantly contribute to reducing the case backlog, it is concerned that the additional allocation without clear plans to overcome some of the internal systematic challenges will not resolve the problem. A major impediment for the IPID is the proportionally high case per investigator ratio, and the nominal increase of employees from 387 in the 2025/26 financial year to 421 in the 2027/28 financial year will not adequately resolve the challenge.

    In the context of the increasing cases reported to IPID, it is necessary to ensure that the directorate is adequately capacitated to increasing demand.

    Meanwhile, the committee acknowledged IPID’s intentions to implement a new digital case management system that will enable the entity to monitor cases and ensure better tracking and communication with victims. Notwithstanding the plan, the committee has urged IPID to effectively implement the plan, as a functional system might have a positive impact on the case backlog.

    The committee also welcomes the establishment of the internal investigation, Forensic Services, quality assurance and research units. The committee is of the view that the envisioned capacity will ensure that IPID will have the skills set it needs to investigate complex reported corruption cases.

    The implementation of the recommendations made by IPID to SAPS is also a point of concern for the committee. The meeting today highlighted a concerning trend of SAPS seemingly ignoring strong recommendations made by IPID. “This phenomenon erodes the effectiveness of IPID and its mandate and the committee resolved that there is a need for a laser focus on the rate of implementation of the recommendations,” Mr Cameron said.

    Meanwhile, the committee agreed with the Minister of Police that there must be a general improvement in the conduct of SAPS members. “The bottom line is that there is no place in the SAPS for rogue police officers who engage in criminal activity. While the IPID provides the necessary checks and balances, the SAPS members must always be fit and proper for the service they must render to the people,” Mr Cameron emphasised.

    With regard to PSiRA, the committee has acknowledged the intention to implement a digital strategy that will ensure a seamless interaction process with users. Of major importance is functionality, such as verifying the training of private security officers through the digital platform.

    The committee also welcomes the intention to increase PSiRA’s footprint to ensure that private security companies in Limpopo, Northern Cape, North West are able to access its services more easily. Also, the intention to increase monitoring operations will be critical in ensuring that private security companies are legally registered and compliant with legal prescripts. The committee has always emphasised the importance of the private security industry in efforts to combat crime in the country.

    – on behalf of Republic of South Africa: The Parliament.

    MIL OSI Africa

  • MIL-OSI: Toobit Integrates TON for USDT Deposits and Withdrawals, Offering Faster and Cheaper Transactions

    Source: GlobeNewswire (MIL-OSI)

    GEORGE TOWN, Cayman Islands, June 20, 2025 (GLOBE NEWSWIRE) — Toobit, an award-winning cryptocurrency exchange, today announces the integration of the TON (The Open Network) blockchain for Tether (USDT) deposits and withdrawals on its Spot platform. This upgrade offers traders a faster, more cost-efficient, and scalable option for managing USDT transactions.

    By adding TON support, Toobit is strategically tapping into one of the fastest-growing blockchain ecosystems, with over 153 million total created addresses as of 2025. The addition will also enhance the speed and affordability of USDT transfers, helping users optimize their trading and asset management strategies.

    “We are thrilled to bring the benefits of the TON network to our users,” said Mike Williams, Chief Communication Officer at Toobit. “We saw a clear demand for more network diversity and greater capital efficiency. Integrating TON is a direct response towards providing a reliable, high-speed, and extremely low-cost rail for USDT.”

    Key benefits for Toobit traders

    • Improved capital efficiency: Traders can now move USDT with network fees averaging just $0.01 to $0.02 per transaction. More capital can be used for trading, not for network costs.
    • Faster strategy execution: With transaction finality achieved in approximately five seconds, the integration allows for the near-instantaneous transfer of assets.
    • Expanded network choice: By adding TON, Toobit connects its users to a network that is rapidly expanding, now boasting over 9 million active wallets and a Total Value Locked (TVL) of more than $155 million in its DeFi ecosystem.

    To start using TON for USDT transfers, users can simply go to their USDT wallet on Toobit and select TON as their preferred network for deposits or withdrawals.

    The move comes in response to growing demand for more efficient blockchain networks. Known for its high throughput, multi-blockchain architecture, and minimal fees, TON can theoretically process millions of transactions per second, making it an ideal solution for active traders.

    About Toobit

    Toobit is where the future of crypto trading unfolds—an award-winning cryptocurrency derivatives exchange built for those who thrive exploring new frontiers. With deep liquidity and cutting-edge technology, Toobit empowers traders worldwide to navigate the digital asset markets with confidence. We offer a fair, secure, seamless, and transparent trading experience, ensuring every trade is an opportunity to discover what’s next.

    For more information about Toobit, visit: Website | X | Telegram | LinkedIn | Discord | Instagram

    Contact: Davin C.
    Email: market@toobit.com
    Website: www.toobit.com

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7aa1c4db-9d83-4bed-9f73-4e9e3614a820

    The MIL Network

  • MIL-OSI Russia: Moscow has sold about 100 historical objects at auction in 3.5 years

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    Since 2022, business representatives have purchased almost 100 architectural monuments from the city through auctions. Department of City Property concluded purchase and sale agreements for buildings and premises with a total area of over 16,000 square meters. This was reported at the XXVIII St. Petersburg International Economic Forum Ekaterina Solovieva, Minister of the Moscow Government, Head of the Moscow Department of City Property.

    “The capital’s architectural monuments of the 18th and 19th centuries, as well as the early 20th century, are especially attractive to investors. Since 2022, the city has sold almost 100 cultural heritage sites at auction – non-residential buildings and premises in them – with a total area of over 16 thousand square meters. Among them, for example, is the house of the non-class artist Adrian Silversvan of the 19th-20th centuries, as well as the dacha of Alexander Levenson in the Novo-Peredelkino district. Each cultural heritage site is exclusive due to its history. Entrepreneurs can profitably use architectural monuments when implementing projects,” noted Ekaterina Solovyova.

    Investors will be able to purchase a historic building in Novo-PeredelkinoCity puts artist Adrian Silverswan’s house up for auction

    The sold areas are located in identified cultural heritage sites (CHS), as well as in CHS of federal and regional significance. They are located in seven administrative districts of Moscow. According to the terms of the purchase and sale agreements, the winners must use the buildings and premises in accordance with the security obligation. It also provides for restoration and reconstruction work, which the new owners agree with the capital Department of Cultural HeritageThe organizer of the auction is Moscow City Department of Competition Policy.

    More information about current offers from the city is published onMoscow investment portal.

    Development of electronic services for business corresponds to the objectives of the national project “Digital Economy”.

    Get the latest news quicklyofficial telegram channel the city of Moscow.

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

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

    https: //vv.mos.ru/nevs/ite/155519073/

    MIL OSI Russia News

  • MIL-OSI: BW Energy: Update on Fixed Income Investor Meetings  

    Source: GlobeNewswire (MIL-OSI)

    Update on Fixed Income Investor Meetings  

    Reference is made to the stock exchange release dated 6 June 2025, regarding fixed income investor meetings. Following engagement with potential investors, BW Energy has decided to not proceed with the issue of a USD 300 million denominated senior unsecured bond. The indicative terms offered under the current market conditions were unfavourable compared to the other funding sources available to the Company. 

    For further information, please contact:  
    Brice Morlot, CFO BW Energy  
    +33.7.81.11.41.16  
    ir@bwenergy.no  

    About BW Energy:  

    BW Energy is a growth E&P company with a differentiated strategy targeting proven offshore oil and gas reservoirs through low risk phased developments. The Company has access to existing production facilities to reduce time to first oil and cashflow with lower investments than traditional offshore developments. The Company’s assets are 73.5% of the producing Dussafu Marine licence offshore Gabon, 100% interest in the Golfinho and Camarupim fields, a 76.5% interest in the BM-ES-23 block, a 95% interest in the Maromba field in Brazil, a 95% interest in the Kudu field in Namibia, all operated by BW Energy. In addition, BW Energy holds approximately 6.6% of the common shares in Reconnaissance Energy Africa Ltd. and a 20% non-operating interest in the onshore Petroleum Exploration License 73 (“PEL 73”) in Namibia. Total net 2P+2C reserves and resources were 599 million barrels of oil equivalent at the start of 2025.  

    This information is considered inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange release was published by Regine Andersen, 20 June 2025.

    The MIL Network

  • MIL-OSI: BW Energy: Update on Fixed Income Investor Meetings  

    Source: GlobeNewswire (MIL-OSI)

    Update on Fixed Income Investor Meetings  

    Reference is made to the stock exchange release dated 6 June 2025, regarding fixed income investor meetings. Following engagement with potential investors, BW Energy has decided to not proceed with the issue of a USD 300 million denominated senior unsecured bond. The indicative terms offered under the current market conditions were unfavourable compared to the other funding sources available to the Company. 

    For further information, please contact:  
    Brice Morlot, CFO BW Energy  
    +33.7.81.11.41.16  
    ir@bwenergy.no  

    About BW Energy:  

    BW Energy is a growth E&P company with a differentiated strategy targeting proven offshore oil and gas reservoirs through low risk phased developments. The Company has access to existing production facilities to reduce time to first oil and cashflow with lower investments than traditional offshore developments. The Company’s assets are 73.5% of the producing Dussafu Marine licence offshore Gabon, 100% interest in the Golfinho and Camarupim fields, a 76.5% interest in the BM-ES-23 block, a 95% interest in the Maromba field in Brazil, a 95% interest in the Kudu field in Namibia, all operated by BW Energy. In addition, BW Energy holds approximately 6.6% of the common shares in Reconnaissance Energy Africa Ltd. and a 20% non-operating interest in the onshore Petroleum Exploration License 73 (“PEL 73”) in Namibia. Total net 2P+2C reserves and resources were 599 million barrels of oil equivalent at the start of 2025.  

    This information is considered inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange release was published by Regine Andersen, 20 June 2025.

    The MIL Network

  • MIL-OSI Asia-Pac: Appointments to Green Technology and Finance Development Committee announced

    Source: Hong Kong Government special administrative region

         The Government announced today (June 20) the appointment of three new non-official members and the reappointment of 10 serving non-official members to the Green Technology and Finance Development Committee for a period of two years from June 23, 2025, to June 22, 2027.
     
         The membership list in the new term is as follows:
     
    Chairman
    ——-
    Financial Secretary
     
    Non-official members (in alphabetical order of surnames)
    ————————-
    Ms Clara Chan Yuen-shan
    Dr Vincent Cheng Sai-yau
    Dr Dai Fan (newly appointed)
    Ms Loretta Fong Wan-huen
    Professor Gong Peng (newly appointed)
    Professor Alex Jen Kwan-yue
    Ms Poman Lo
    Mr Lu Jiahui (newly appointed)
    Dr Ma Jun
    Mr Philip Ng Kim-lam
    Dr Conrad Wong Tin-cheung
    Miss Vriko Yu Pik-fan
    Dr Martin Zhu Yihao
     
    Official members
    ——————-
    Secretary for Financial Services and the Treasury
    Secretary for Environment and Ecology
    Secretary for Housing
    Secretary for Innovation, Technology and Industry
    Permanent Secretary for Financial Services and the Treasury (Financial Services)
    Deputy Secretary for Transport and Logistics 1
    Head of Project Strategy and Governance Office, Development Bureau
    Chairman, Council for Carbon Neutrality and Sustainable Development
    Chief Executive Officer, Securities and Futures Commission
    Chief Executive Officer, Insurance Authority
    Deputy Chief Executive, Hong Kong Monetary Authority
    Group Chief Sustainability Officer, Hong Kong Exchanges and Clearing Limited
    Chief Executive Officer, Hong Kong Cyberport Management Company Limited
    Chief Executive Officer, Hong Kong Science and Technology Parks Corporation
     
         A Government spokesman said, “Since its establishment in June 2023, the Committee has provided valuable insights across various areas, including fostering the creation of a green technology ecosystem, developing green finance, green transportation and green buildings, as well as promoting and highlighting Hong Kong’s strengths in these areas. We firmly believe that, with the extensive market experience and professional expertise of the Committee members, their invaluable advice will further advance the development of green technology and finance in Hong Kong.
     
         “We express our gratitude to the outgoing members, Mr Wang Hongbo, Dr George Lam, and Mr Jonathan Drew for their contributions to the work of the Committee during their tenure.”
     
         The Committee was established on June 23, 2023, to assist in the formation of an action agenda for promoting the development of Hong Kong into an international green technology and financial centre. Members of the Committee include representatives from relevant policy bureaux, departments and financial regulators, as well as non-official members from the finance, technology, academic, professional services sectors, etc.

    MIL OSI Asia Pacific News

  • MIL-OSI: Municipality Finance issues EUR 40 million zero coupon notes under its MTN programme

    Source: GlobeNewswire (MIL-OSI)

    Municipality Finance Plc
    Stock exchange release
    20 June 2025 at 10:00 am (EEST)

    Municipality Finance issues EUR 40 million zero coupon notes under its MTN programme

    Municipality Finance Plc issues EUR 40 million zero coupon notes on 23 June 2025. The maturity date of the notes is 23 June 2065. MuniFin has a right, but no obligation, to redeem the notes early on 23 June 2040.

    The notes are issued under MuniFin’s EUR 50 billion programme for the issuance of debt instruments. The offering circular and the final terms of the notes are available in English on the company’s website at https://www.kuntarahoitus.fi/en/for-investors.

    MuniFin has applied for the notes to be admitted to trading on the Helsinki Stock Exchange maintained by Nasdaq Helsinki. The public trading is expected to commence on 24 June 2025.

    Goldman Sachs Bank Europe SE acts as the dealer for the issue of the notes.

    MUNICIPALITY FINANCE PLC

    Further information:

    Joakim Holmström
    Executive Vice President, Capital Markets and Sustainability
    tel. +358 50 444 3638

    MuniFin (Municipality Finance Plc) is one of Finland’s largest credit institutions. The owners of the company include Finnish municipalities, the public sector pension fund Keva and the State of Finland.
    The Group’s balance sheet is over EUR 53 billion.

    MuniFin builds a better and more sustainable future with its customers. MuniFin’s customers include municipalities, joint municipal authorities, wellbeing services counties, corporate entities under their control, and non-profit organisations nominated by the Housing Finance and Development Centre of Finland (ARA). Lending is used for environmentally and socially responsible investment targets such as public transportation, sustainable buildings, hospitals and healthcare centres, schools and day care centres, and homes for people with special needs.

    MuniFin’s customers are domestic but the company operates in a completely global business environment. The company is an active Finnish bond issuer in international capital markets and the first Finnish green and social bond issuer. The funding is exclusively guaranteed by the Municipal Guarantee Board.

    Read more: https://www.kuntarahoitus.fi/en/

    Important Information

    The information contained herein is not for release, publication or distribution, in whole or in part, directly or indirectly, in or into any such country or jurisdiction or otherwise in such circumstances in which the release, publication or distribution would be unlawful. The information contained herein does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, any securities or other financial instruments in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction.

    This communication does not constitute an offer of securities for sale in the United States. The notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or under the applicable securities laws of any state of the United States and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.

    The MIL Network

  • MIL-OSI Africa: Eritrea: Programs in Connection with Martyrs’ Day


    Download logo

    Various programs in connection with Martyrs’ Day, 20 June, have been conducted in Asmara from 16 to 18 June.

    The National Confederation of Eritrean Workers conducted a popular campaign at Asmara Martyrs Cemetery, along with cultural programs and support initiatives for martyrs’ families. The campaign at the Martyra Cemetery was attended by 160 workers from the central office and affiliated workers’ confederations.

    At the cultural program organized at the confederation’s central office, Mr. Tesfay Girmay, Head of Administration and Finance, stated that over 80 members of the central office have been supporting eight families of martyrs since 2024.

    In related news, the cooperative association of members of the 52nd Division organized a program in connection with Martyrs’ Day at the Meshalit historical site on 17 June. The event was attended by members of the association and youth workers’ organizations.

    At the event, veteran fighters provided briefings on the heroic feats demonstrated by the then 52nd Division of the EPLF in its 1988 battle against enemy forces at the Meshalit Front.

    Meshalit Front is located 30 km north of Keren.

    The cooperative association of the 70-16 Division also conducted a popular campaign at the Barentu Martyrs Cemetery, which included tree planting and environmental sanitation activities.

    Distributed by APO Group on behalf of Ministry of Information, Eritrea.

    MIL OSI Africa

  • MIL-Evening Report: Australia wants more foreign investment. That’s why a $29 billion bid for Santos puts the Treasurer in a tricky position

    Source: The Conversation (Au and NZ) – By Shumi Akhtar, Associate Professor, University of Sydney

    Marlon Trottmann/Shutterstock

    The Australian origins of Santos have made an indelible mark on the company’s very name. The energy giant was first incorporated in 1954 under the acronym for “South Australia Northern Territory Oil Search”. It was publicly listed on the Adelaide Stock Exchange that same year.

    Fast forward to today, there are pressing questions about whether Santos could serve Australia’s national interest if it was largely in the hands of a foreign government.

    This week, it was announced a consortium led by the investment division of state-owned Abu Dhabi National Oil Company (ADNOC) had made an all-cash takeover bid of almost A$29 billion for Santos. This would value the company at $36.4 billion (including its debt).

    Santos’ board has said it will support the deal if there isn’t a better offer on the table. But it will first have to clear a raft of regulatory approvals – not only in Australia but also Papua New Guinea and the United States, where Santos has operations.

    The acquisition would be a monumental event in Australia’s corporate history. Key elements of this country’s critical energy infrastructure are at stake.

    But it’s set to put a difficult decision before the Foreign Investment Review Board (FIRB) and Treasurer Jim Chalmers. On the FIRB’s advice, Chalmers will have to balance Australia’s stated desire to attract foreign investment with the need to protect national interests.

    Who’s trying to buy – and why?

    Also in the ADNOC-led consortium of prospective buyers are US private equity firm Carlyle and a sovereign wealth fund of the United Arab Emirates, Abu Dhabi Development Holding Company (ADQ). There are a few key reasons for their interest.

    First, ADNOC is keenly interested in expanding its footprint in gas and liquefied natural gas (LNG). Acquiring Santos would give it a stake in much of Australia’s gas production and established LNG export facilities. This includes major operations at Gladstone and Darwin.

    They would also gain a share in two important Papua New Guinean projects: PNG LNG and the yet-to-be-developed Papua LNG. These assets are particularly attractive because they offer direct access to the growing Asian LNG markets, where future demand is projected to be strong.

    Second, the acquisition would allow ADNOC to diversify its portfolio and gain control of export capacity from Australia and PNG to the Asia Pacific region. Santos’s Gladstone LNG plant, for example, has significant export capacity. Much of Santos’ LNG capacity is under medium and long-term contracts.

    And third, the timing of this bid is strategic. Santos has recently been in a period of high capital expenditure. A number of major projects are nearing completion. A successful takeover could free up funding for further development.

    ADNOC is the state-owned oil company of Abu Dhabi in the United Arab Emirates.
    Marco Curaba/Shutterstock

    Defining national interest

    For regulators assessing the move, the potential takeover touches upon many national security, energy supply, and economic concerns for Australia.

    One of the primary concerns is the potential loss of control over critical energy infrastructure.

    Foreign ownership, especially by a state-linked investor such as ADNOC, raises questions about whose interests will ultimately shape strategic decisions about Australia’s essential gas flows, pricing, or even the integrity of operational technology systems.

    There’s also concern that a foreign owner could prioritise LNG exports over domestic supply. That could potentially exacerbate domestic gas shortages and price hikes. In the eastern states of Australia, such issues are already a concern.

    This is not the first time the Australian government has faced a tough decision on a foreign takeover bid in the oil and gas sector. In 2018, the Morrison government blocked a $13 billion Chinese bid for gas pipeline operator APA Group. It said a single foreign owner should not control Australia’s largest pipeline business.

    And the then-Treasurer Peter Costello blocked Royal Dutch/Shell’s $10 billion blockbuster offer for Woodside Petroleum in 2001, also in the national interest.

    The national interest checklist

    On the other hand, Australia generally welcomes foreign investment. It brings capital, creates jobs, and supports economic growth.

    If this deal proceeds to final stages, the decision could become a “test case” for Australia. Can we still attract global capital while also diligently safeguarding our sovereign interests?

    The consortium has made commitments to maintain Santos’s headquarters in South Australia, preserve jobs and invest in growth and decarbonisation initiatives. But this is only part of the picture.

    The FIRB and the Treasurer will need to consider how the deal would affect:

    • national security and critical infrastructure, including ownership and control risk, system integrity and supply chain vulnerability
    • the economy (such as on jobs and investment, tax revenues)
    • energy security and domestic gas supply
    • other Australian government policies, such as climate targets
    • the character of the investor
    • the complexity of regulation.

    The FIRB and the Treasurer must be acutely aware that few other nations have extended the same generosity to foreign investors as Australia has over recent decades.

    This generosity, while attracting capital, has also raised concerns about the nation’s control over its vital assets.

    The SA government has already signalled it won’t stand idly by if the deal is “not in the interests of South Australians”.

    All of this sits in the context of ongoing questions about how little tax is being paid by some multinationals while exploiting Australia’s natural resources.

    It is paramount the Australian government makes a forward-looking, informed decision. This should serve Australia’s best interests, rather than those of foreign entities.

    Associate Professor Akhtar has been invited to make several submissions to national Senate inquiries on tax, trade, and investment, and some of the material from those submissions has been drawn upon in writing this article.

    ref. Australia wants more foreign investment. That’s why a $29 billion bid for Santos puts the Treasurer in a tricky position – https://theconversation.com/australia-wants-more-foreign-investment-thats-why-a-29-billion-bid-for-santos-puts-the-treasurer-in-a-tricky-position-259153

    MIL OSI AnalysisEveningReport.nz

  • MIL-Evening Report: Australia wants more foreign investment. That’s why a $29 billion bid for Santos puts the Treasurer in a tricky position

    Source: The Conversation (Au and NZ) – By Shumi Akhtar, Associate Professor, University of Sydney

    Marlon Trottmann/Shutterstock

    The Australian origins of Santos have made an indelible mark on the company’s very name. The energy giant was first incorporated in 1954 under the acronym for “South Australia Northern Territory Oil Search”. It was publicly listed on the Adelaide Stock Exchange that same year.

    Fast forward to today, there are pressing questions about whether Santos could serve Australia’s national interest if it was largely in the hands of a foreign government.

    This week, it was announced a consortium led by the investment division of state-owned Abu Dhabi National Oil Company (ADNOC) had made an all-cash takeover bid of almost A$29 billion for Santos. This would value the company at $36.4 billion (including its debt).

    Santos’ board has said it will support the deal if there isn’t a better offer on the table. But it will first have to clear a raft of regulatory approvals – not only in Australia but also Papua New Guinea and the United States, where Santos has operations.

    The acquisition would be a monumental event in Australia’s corporate history. Key elements of this country’s critical energy infrastructure are at stake.

    But it’s set to put a difficult decision before the Foreign Investment Review Board (FIRB) and Treasurer Jim Chalmers. On the FIRB’s advice, Chalmers will have to balance Australia’s stated desire to attract foreign investment with the need to protect national interests.

    Who’s trying to buy – and why?

    Also in the ADNOC-led consortium of prospective buyers are US private equity firm Carlyle and a sovereign wealth fund of the United Arab Emirates, Abu Dhabi Development Holding Company (ADQ). There are a few key reasons for their interest.

    First, ADNOC is keenly interested in expanding its footprint in gas and liquefied natural gas (LNG). Acquiring Santos would give it a stake in much of Australia’s gas production and established LNG export facilities. This includes major operations at Gladstone and Darwin.

    They would also gain a share in two important Papua New Guinean projects: PNG LNG and the yet-to-be-developed Papua LNG. These assets are particularly attractive because they offer direct access to the growing Asian LNG markets, where future demand is projected to be strong.

    Second, the acquisition would allow ADNOC to diversify its portfolio and gain control of export capacity from Australia and PNG to the Asia Pacific region. Santos’s Gladstone LNG plant, for example, has significant export capacity. Much of Santos’ LNG capacity is under medium and long-term contracts.

    And third, the timing of this bid is strategic. Santos has recently been in a period of high capital expenditure. A number of major projects are nearing completion. A successful takeover could free up funding for further development.

    ADNOC is the state-owned oil company of Abu Dhabi in the United Arab Emirates.
    Marco Curaba/Shutterstock

    Defining national interest

    For regulators assessing the move, the potential takeover touches upon many national security, energy supply, and economic concerns for Australia.

    One of the primary concerns is the potential loss of control over critical energy infrastructure.

    Foreign ownership, especially by a state-linked investor such as ADNOC, raises questions about whose interests will ultimately shape strategic decisions about Australia’s essential gas flows, pricing, or even the integrity of operational technology systems.

    There’s also concern that a foreign owner could prioritise LNG exports over domestic supply. That could potentially exacerbate domestic gas shortages and price hikes. In the eastern states of Australia, such issues are already a concern.

    This is not the first time the Australian government has faced a tough decision on a foreign takeover bid in the oil and gas sector. In 2018, the Morrison government blocked a $13 billion Chinese bid for gas pipeline operator APA Group. It said a single foreign owner should not control Australia’s largest pipeline business.

    And the then-Treasurer Peter Costello blocked Royal Dutch/Shell’s $10 billion blockbuster offer for Woodside Petroleum in 2001, also in the national interest.

    The national interest checklist

    On the other hand, Australia generally welcomes foreign investment. It brings capital, creates jobs, and supports economic growth.

    If this deal proceeds to final stages, the decision could become a “test case” for Australia. Can we still attract global capital while also diligently safeguarding our sovereign interests?

    The consortium has made commitments to maintain Santos’s headquarters in South Australia, preserve jobs and invest in growth and decarbonisation initiatives. But this is only part of the picture.

    The FIRB and the Treasurer will need to consider how the deal would affect:

    • national security and critical infrastructure, including ownership and control risk, system integrity and supply chain vulnerability
    • the economy (such as on jobs and investment, tax revenues)
    • energy security and domestic gas supply
    • other Australian government policies, such as climate targets
    • the character of the investor
    • the complexity of regulation.

    The FIRB and the Treasurer must be acutely aware that few other nations have extended the same generosity to foreign investors as Australia has over recent decades.

    This generosity, while attracting capital, has also raised concerns about the nation’s control over its vital assets.

    The SA government has already signalled it won’t stand idly by if the deal is “not in the interests of South Australians”.

    All of this sits in the context of ongoing questions about how little tax is being paid by some multinationals while exploiting Australia’s natural resources.

    It is paramount the Australian government makes a forward-looking, informed decision. This should serve Australia’s best interests, rather than those of foreign entities.

    Associate Professor Akhtar has been invited to make several submissions to national Senate inquiries on tax, trade, and investment, and some of the material from those submissions has been drawn upon in writing this article.

    ref. Australia wants more foreign investment. That’s why a $29 billion bid for Santos puts the Treasurer in a tricky position – https://theconversation.com/australia-wants-more-foreign-investment-thats-why-a-29-billion-bid-for-santos-puts-the-treasurer-in-a-tricky-position-259153

    MIL OSI AnalysisEveningReport.nz

  • Indian stock market opens higher amid positive Asian cues

    Source: Government of India

    Source: Government of India (4)

    Indian equity markets opened on a positive note on Friday, supported by firm cues from Asian peers. Gains in PSU bank, IT, and auto stocks contributed to the early momentum.

    At 9:25 a.m., the BSE Sensex was up 228.15 points, or 0.28%, at 81,590.02. The NSE Nifty also advanced, rising 55.10 points, or 0.22%, to 24,848.35.

    In sectoral indices, the Nifty Bank rose by 102.35 points (0.18%) to trade at 55,679.80. However, broader markets showed mixed trends. The Nifty Midcap 100 declined marginally by 16.85 points (0.03%) to 57,143.10, while the Nifty Smallcap 100 slipped 62.50 points (0.35%) to 17,950.60.

    Analysts noted that the Nifty has been consolidating within a range of 24,500 to 25,000 over the past month. This trend, they said, is likely to persist unless there is a decisive geopolitical development.

    “There is uncertainty surrounding the Israel-Iran conflict. A resolution or sudden end to the war could trigger a breakout on the upside. However, if the war drags on and crude prices rise above $85 per barrel, we may see pressure on the lower end of the range,” said Dr. V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

    Among the top gainers on the Sensex were Bajaj Finserv, UltraTech Cement, Mahindra & Mahindra, SBI, Axis Bank, and Sun Pharma. On the other hand, IndusInd Bank, Bajaj Finance, Tech Mahindra, Kotak Mahindra Bank, and Power Grid Corporation were among the major laggards.

    Foreign institutional investors (FIIs) continued their buying streak for the third consecutive session on June 19, with net purchases worth ₹934.62 crore. Domestic institutional investors (DIIs) also remained net buyers, purchasing equities worth ₹605.97 crore on the same day.

    Across Asia, markets in Bangkok, Tokyo, Seoul, Hong Kong, and Shanghai were trading in the green. Jakarta was the only major market in the region trading in the red.

    Meanwhile, US markets remained closed on Thursday in observance of Juneteenth National Independence Day. In the previous session on Wednesday, the Dow Jones Industrial Average declined by 44.14 points (0.10%) to close at 42,171.66. The S&P 500 ended 1.85 points lower (0.03%) at 5,980.87, while the Nasdaq gained 25.18 points (0.13%) to settle at 19,546.27.

  • MIL-OSI: Changes in the Supervisory Board of LHV Varahaldus, LHV Kindlustus, and LHV Finance

    Source: GlobeNewswire (MIL-OSI)

    The shareholders of AS LHV Varahaldus, AS LHV Kindlustus, and AS LHV Finance, belonging to the consolidation group of AS LHV Group, intend to elect, starting from 22 July 2025, Mihkel Torim as a new Member of the Supervisory Board, who will also assume the position of the Chairman of the Management Board of AS LHV Group on the same date. The Member of the Supervisory Board is elected for up to five years. The decision on the compliance of the new Member of the Supervisory Board with the suitability requirements will also be made by the Financial Supervision Authority.

    Mihkel Torim joined LHV at the beginning of 2023, when he assumed responsibility for managing and developing the investment banking operations of LHV Pank. Prior to that, he held senior positions at Swedbank, including the Head of Baltic Investment Banking, and also led the corresponding unit in Finland.

    Mihkel Torim is a Member of the Management Board of Fortima OÜ. Although Mihkel Torim does not currently hold any shares in LHV Group, he has the opportunity to acquire a total of 199,575 LHV Group shares in 2024 and 2025 through options granted to him.

    With the resignation of Madis Toomsalu from his position as Chairman of the Management Board of LHV Group, effective 22 July 2025, his mandates as a Member of the Supervisory Board of AS LHV Kindlustus, AS LHV Varahaldus, and AS LHV Finance will also terminate as of that date.

    LHV Group is the largest domestic financial group and capital provider in Estonia. LHV Group’s key subsidiaries are LHV Pank, LHV Varahaldus, LHV Kindlustus, and LHV Bank Limited. The Group employs over 1,150 people. As at the end of May, LHV’s banking services are being used by 471,000 clients, the pension funds managed by LHV have 111,000 active clients, and LHV Kindlustus protects a total of 176,000 clients. LHV Bank offers retail banking services to private clients in the United Kingdom, loans to small and medium-sized enterprises, and banking services to international fintech companies.

    Paul Pihlak
    Head of Investment Communications
    Phone: +372 5334 0078
    Email: paul.pihlak@lhv.ee 

    The MIL Network

  • MIL-OSI: Changes in the Supervisory Board of LHV Varahaldus, LHV Kindlustus, and LHV Finance

    Source: GlobeNewswire (MIL-OSI)

    The shareholders of AS LHV Varahaldus, AS LHV Kindlustus, and AS LHV Finance, belonging to the consolidation group of AS LHV Group, intend to elect, starting from 22 July 2025, Mihkel Torim as a new Member of the Supervisory Board, who will also assume the position of the Chairman of the Management Board of AS LHV Group on the same date. The Member of the Supervisory Board is elected for up to five years. The decision on the compliance of the new Member of the Supervisory Board with the suitability requirements will also be made by the Financial Supervision Authority.

    Mihkel Torim joined LHV at the beginning of 2023, when he assumed responsibility for managing and developing the investment banking operations of LHV Pank. Prior to that, he held senior positions at Swedbank, including the Head of Baltic Investment Banking, and also led the corresponding unit in Finland.

    Mihkel Torim is a Member of the Management Board of Fortima OÜ. Although Mihkel Torim does not currently hold any shares in LHV Group, he has the opportunity to acquire a total of 199,575 LHV Group shares in 2024 and 2025 through options granted to him.

    With the resignation of Madis Toomsalu from his position as Chairman of the Management Board of LHV Group, effective 22 July 2025, his mandates as a Member of the Supervisory Board of AS LHV Kindlustus, AS LHV Varahaldus, and AS LHV Finance will also terminate as of that date.

    LHV Group is the largest domestic financial group and capital provider in Estonia. LHV Group’s key subsidiaries are LHV Pank, LHV Varahaldus, LHV Kindlustus, and LHV Bank Limited. The Group employs over 1,150 people. As at the end of May, LHV’s banking services are being used by 471,000 clients, the pension funds managed by LHV have 111,000 active clients, and LHV Kindlustus protects a total of 176,000 clients. LHV Bank offers retail banking services to private clients in the United Kingdom, loans to small and medium-sized enterprises, and banking services to international fintech companies.

    Paul Pihlak
    Head of Investment Communications
    Phone: +372 5334 0078
    Email: paul.pihlak@lhv.ee 

    The MIL Network

  • MIL-OSI NGOs: Oxfam reaction to final outcome document for Financing for Development Conference

    Source: Oxfam –

    In reaction to the vote of the final outcome document of the Fourth International Conference on Financing for Development held at the United Nations Headquarters in New York, Amitabh Behar, Oxfam International’s Executive Director said: 

    “Rich countries missed a chance to make a real difference in the fight against global poverty and inequality. They could have helped to end the debt crisis that is impacting over three billion people in the Global South mainly women and girls. This was a key demand of developing countries, many of whom are spending more repaying debt than they can on public education and healthcare. The outcome does however make some positive calls on inequality and on taxing the super-rich, which governments can build upon. 

    Oxfam is going to Sevilla in two weeks to urge governments to take more ambitious commitments to fight inequality by taxing the super-rich, advancing on gender equality, meeting their aid goals and adopting a public finance first approach. We cannot transform multilateralism without putting the fight against inequality at its core.” 

    MIL OSI NGO

  • MIL-OSI Asia-Pac: Prevention of Bribery Ordinance (Amendment of Schedules 1 and 2) Order 2025 takes effect upon gazettal

    Source: Hong Kong Government special administrative region

         The Government published in the Gazette today (June 20) the Prevention of Bribery Ordinance (Amendment of Schedules 1 and 2) Order 2025 (the Amendment Order), which takes effect on the same day. The Amendment Order aims to put the Hong Kong Investment Corporation Limited (HKIC) and three financial infrastructure-related institutions (namely, the Hong Kong FMI Services Limited (HKFMI), the OTC Clearing Hong Kong Limited (OTC Clear) and the CMU OmniClear Limited (CMU OmniClear)) under the regulatory regime of the Prevention of Bribery Ordinance (Cap. 201) (the Ordinance).
     
         The Amendment Order specifies the HKIC, the HKFMI, the OTC Clear and the CMU OmniClear as public bodies that are subject to various restrictions under the Ordinance. Furthermore, persons doing business with the four public bodies are subject to the relevant sections of the Ordinance.
     
         A spokesperson for the Financial Services and the Treasury Bureau said, “The HKIC is entrusted by the Government to support the development of innovation and technology, as well as strategic industries in Hong Kong through investment. The other three financial infrastructure-related institutions have public functions to manage and operate financial market infrastructures. In view of the important role played by the four public bodies in Hong Kong’s financial system and economic development, it is in the public interest to cover them under the regulation of the Ordinance.”
     
         The Amendment Order will be tabled at the Legislative Council on June 25 for negative vetting.
     

    MIL OSI Asia Pacific News

  • MIL-OSI China: China and neighboring countries expand cross-border railways for greater cooperation

    Source: People’s Republic of China – State Council News

    China and neighboring countries expand cross-border railways for greater cooperation

    BEIJING, June 19 — The railway linking Ganqmod Port in north China’s Inner Mongolia Autonomous Region and Mongolia’s Gashuun Sukhait started construction in mid-June, marking the second cross-border railway between the two countries since the first one opened nearly 70 years ago.

    As the global economy becomes increasingly integrated and the Belt and Road Initiative (BRI) continues to advance, cross-border railway construction between China and its neighboring countries is ushering in new development opportunities.

    Recently, multiple cross-border railway projects, including the Ganqmod-Gashuun Sukhait Railway, have achieved significant milestones. China is steadily building a modern railway network that connects it with neighboring countries such as Mongolia, Russia, Vietnam and Laos, boosting regional links, economic cooperation and cultural exchanges.

    STRENGTHENING REGIONAL CONNECTIVITY

    Planned for completion in 2027, the Chinese section of the Ganqmod-Gashuun Sukhait railway project is invested and being constructed by China Energy Investment Corporation Co., Ltd. (CHN Energy).

    “The new railway is projected to transport approximately 30 million tonnes of cargo annually, significantly enhancing connectivity between the two countries and enabling more efficient transportation of mineral and energy resources,” said Wang Shangjun, chairman of the Ganqmod Railway Investment Co., Ltd. under CHN Energy.

    Beyond the China-Mongolia railway breakthrough, 2025 has witnessed accelerated progress on multiple rail corridors. The mainline construction of the China-Kyrgyzstan-Uzbekistan railway project entered the substantive construction phase in late April.

    Earlier in the year, Vietnam ratified a project to extend rail connectivity from Vietnam’s Haiphong to the China-Vietnam border. Meanwhile, Thailand approved Phase II of the China-Thailand high-speed rail project, with the tendering process expected to be completed within the year.

    “These cross-border railways serve as vital corridors connecting China northward to Mongolia, westward to Central and West Asia, and southward to Southeast Asia,” said Fan Lijun, director of the BRI research institute at the Inner Mongolia Academy of Social Sciences.

    “Their construction will enhance infrastructure connectivity and economic exchanges among participating countries, while upgrading cross-border logistics, industrial parks, and border trade services. This holds profound significance for advancing regional cooperation and development,” Fan added.

    This vision has been vividly demonstrated across multiple cross-border railway projects. The China-Laos Railway, a model project under the BRI, has transported more than 52.7 million passengers since its launch over three years ago, including over 510,000 cross-border travelers, and carried over 59.4 million tonnes of cargo, with cross-border shipments exceeding 13.7 million tonnes.

    The railway authorities of China and Laos have been actively exploring new models for international transportation. By linking the China-Laos Railway with the China-Europe Railway Express network, they have reduced the rail transit time from Laos, Thailand and other Southeast Asian countries to Europe to just 15 days.

    This cross-border freight service now covers the 31 Chinese provinces, autonomous regions and municipalities, as well as 19 countries and regions including Laos, Thailand, Vietnam and Singapore, with transported goods expanding to over 3,000 categories.

    CATALYST FOR SHARED PROSPERITY

    Yu Chen, a staff member with the Erenhot railway station, has witnessed the remarkable changes in his hometown Erenhot in Inner Mongolia, the Chinese terminus of the first cross-border railway between China and Mongolia.

    “It’s said that in its early years, Erenhot had just one main street, with only three major buildings in the whole area — the train station, the customs office, and the border inspection facility,” Yu said.

    Now, leveraging the cross-border railway, Erenhot has emerged as a pivotal hub city along the BRI, with over 200 logistics companies, a crisscross network of urban streets, and towering high-rises.

    The China-Mongolia railway has not only boosted Erenhot’s development but also driven industrial transformation and upgrading in the hinterland areas of the border port. In a national logistics hub park spanning Erenhot and Ulanqab, another border city in Inner Mongolia, export-oriented processing industries for specialty agricultural products including sunflower seeds, corn, fruits and vegetables, as well as import-processing industries for flaxseed, oats and meat products, are experiencing robust growth.

    “By transforming our geographical advantages into competitiveness in logistics, we have laid a solid foundation for the development of specialty agricultural product industries,” said Zhao Dongyang, director of the economic development bureau under the management committee of the logistics hub park.

    A growing number of cross-border railways are thriving as economic arteries, powering development in cities along their routes. A freight train carrying Russian rapeseed recently arrived at the border residents’ mutual trade zone of Manzhouli, a border city in Inner Mongolia profoundly shaped by the China-Russia railway.

    Upon the cargo’s arrival, Manzhouli Xinfeng Grain and Oil Industry Co., Ltd. immediately initiated the production process of rapeseed oil. “Russian rapeseed boasts unique advantages such as low acid value and high smoke point, which enable the extraction of premium-quality rapeseed oil that is highly favored in China’s edible oil market,” said Yang Zhihong, deputy general manager of the company.

    As China’s largest land port, Manzhouli is evolving from its traditional role as a “transit station” into a regional industrial hub by promoting local processing of grain, oil and timber.

    “By sourcing raw materials through the border residents’ mutual trade channel, we have achieved significant cost reductions — saving approximately 500 yuan (about 69.71 U.S. dollars) per tonne on average, with cumulative savings exceeding 8 million yuan to date,” Yang said.

    According to Xie Ruijie, deputy director of the management committee of the Manzhouli China-Russia mutual trade zone, border trade in Manzhouli had surpassed 100 million yuan as of April 20 this year, with more than 3,600 border residents participating, bringing in over 1 million yuan in income for locals and contributing nearly 2 million yuan in tax revenue to the city.

    DEEPENING PEOPLE-TO-PEOPLE TIES

    During the May Day holiday last year, despite the swirling snowflakes on the platform of Ulaanbaatar, capital of Mongolia, Kang Zhenning, chief conductor of the China-Mongolia international passenger train carefully assisted Mongolian passengers returning home after medical treatment in Inner Mongolia’s capital Hohhot.

    To better serve Mongolian passengers, Kang mastered the Mongolian language through studying books and online videos and learning from Mongolian colleagues. He also led his crew in establishing a Mongolian-Chinese bilingual service station onboard, which offers translation services for international travelers.

    “Thanks to the crew’s consistent and attentive service, this train has become like an ‘ambulance’ for patients like me,” said Mongolian passenger Urtu, who frequently takes this train to Hohhot for medical treatment.

    While the China-Mongolia Railway serves as a lifeline for cross-border medical care, many railway services in southern China have become a vibrant corridor for cultural tourism, bringing peoples from China and its neighboring countries closer.

    The waiting hall of Hekou North Railway Station, which is close to the China-Vietnam border, was bustling on an April afternoon. Vietnamese tour guide Hoang Tien waited there with a group of 11 Vietnamese tourists.

    “The high-speed trains here are very punctual,” Hoang told his group, “With the streamlined boarding process, you only need to arrive at the station just 40 minutes before departure.”

    As a frequent visitor to the railway station, Hoang leads tour groups here every few days. He marveled at how the China-Vietnam railway connects Yunnan’s picturesque landscapes, and had observed the growing number of Vietnamese tourists eager to explore China’s natural wonders and cultural heritage.

    In 2024, the number of Vietnamese tour groups arriving at and departing from Hekou Port increased by 40.7 percent from 2023. In the first three months of this year, more than 10,000 group tourists traveled from Hekou North Railway Station to other Chinese destinations, a surge of more than 180 percent over the same period last year.

    MIL OSI China News

  • MIL-OSI China: Global FDI fell by 11% amid uncertainty: UNCTAD

    Source: People’s Republic of China – State Council News

    Global foreign direct investment (FDI) fell by 11 percent to 1.5 trillion U.S. dollars in 2024, marking the second consecutive year of decline, the United Nations Conference on Trade and Development (UNCTAD) said on Thursday.

    Geopolitical tensions, trade fragmentation, and intensifying industrial policy competition, combined with elevated financial risk and uncertainty, are reshaping global investment, the UNCTAD said in its World Investment Report 2025.

    The decline was driven largely by a 22 percent drop in FDI to developed economies, including a 58 percent plunge in Europe, the report said.

    In developing countries, capital inflows appeared broadly stable with regional divergence. However, in many economies, capital is “stagnating or bypassing” key sectors like infrastructure, energy, technology, and job-creating industries, it highlighted.

    “Too many economies are being left behind not for lack of potential — but because the system still sends capital where it’s easiest, not where it’s needed,” said UNCTAD Secretary-General Rebeca Grynspan.

    Digital economy investment is the only growth sector, which saw a 14 percent rise in FDI led by Information and Communication technology (ICT) manufacturing, digital services, and semiconductors, the report said.

    The report noted steep investment drops in sectors critical to achieving the Sustainable Development Goals (SDG), including renewable energy, transport, and water and sanitation, all with declines by over 30 percent.

    Current levels of investment fall far short of global needs, it warned. Closing the SDG financing gap would require an estimated 4 trillion U.S. dollars per year in developing countries, it added.

    The report also noted that the escalation of global trade tensions driven by the U.S. “reciprocal tariff” measures, as well as evolving trade negotiations and heightened economic policy uncertainty, have significantly impacted international investment.

    Firms are recalibrating cross-border investment strategies, seeking to navigate a more complex and uncertain operating environment, it said.

    The report urged increased, long-term and inclusive capital that is aligned with sustainable development, especially in the digital economy sector, to help close the global divide.

    The UNCTAD put forward seven priority areas covering data and AI governance, digital investment policy and rules, digital infrastructure, among others, to help developing economies secure transformative FDI in digital industries. 

    MIL OSI China News

  • MIL-OSI Australia: Simon Birmingham appointed as ABA CEO

    Source: Premier of Victoria

    Former Federal Finance Minister and Senate Leader, The Hon. Simon Birmingham, will join the Australian Banking Association as Chief Executive Officer.

    ABA Chair and National Australia Bank CEO Andrew Irvine today announced Mr Birmingham’s appointment, replacing retiring CEO, The Hon. Anna Bligh AC.

    “We are delighted to have Simon lead our industry and help ensure Australian banks continue making the right decisions for customers and the broader economy,” Mr Irvine said.

    “He is a recognised leader who has had deep involvement in significant and long-lasting policy decisions and actions throughout his career that have helped to shape our country.

    “Simon’s ability to navigate difficult and complex environments, bringing together varied interests and perspectives, makes him ideal for this role. He will be a sensible, consistent and respected voice on behalf of the industry.”

    Mr Birmingham served in the Australian Parliament as a Liberal Senator for South Australia from 2007 to 2025. His roles included Minister for Finance, Leader of the Government in the Senate, Minister for Trade, Tourism and Investment, Minister for Education and Training and Manager of Government Business in the Senate. He was Shadow Minister for Foreign Affairs from 2022 until his retirement from the Senate.

    Prior to politics, he worked with the Winemakers’ Federation of Australia and the Australian Hotels Association. He is currently ANZ’s Head of Asia Pacific Engagement and Chairman, South Australia. He holds a Master of Business Administration from the University of Adelaide.

    “I thank the ABA board for their vote of confidence in my ability to lead this industry. As the ABA CEO I will always put trust in Australia’s banking system first, pursue a competitive regulatory environment, and work to ensure innovation in banking strengthens Australia’s financial interests. I also want to acknowledge ANZ for their support and encouragement through this process,” Mr Birmingham said.

    “Banks are central to our economy, essential to businesses of all sizes and entrusted by Australians with their personal financial wellbeing. From trade and capital flows from large and international banks, to the choice offered by smaller banks, regional banks and customer-owned organisations, a strong, healthy, customer-focused financial services sector is vital for all Australians.”

    Mr Birmingham will start on 18 August. Ms Bligh, who announced in February that she would retire after eight years as ABA CEO, will finish on 22 August.

    “Anna has had a remarkable and lasting impact on this industry and how we look after our customers,” Mr Irvine said. We are enormously grateful for her time advocating for customers, particularly the disadvantaged, across financial services.”

    For more information, visit the ABA’s website here.

    Contact:  Mark Alexander, National Australia Bank (as ABA Chair bank), 0412 171 447

    Topics

    SEE ALL TOPICS

    Media Enquiries

    For all media enquiries, please contact the NAB Media Line on 03 7035 5015

    MIL OSI News

  • MIL-OSI Submissions: Africa – From natural resources to natural capital: Africa charts path to prosperity in Nairobi

    Source: Global Landscapes Forum (GLF)

    GLF Africa 2025 gathered nearly 2,500 people online and in Nairobi, Kenya, to explore and learn from experts how communities and ecosystems across the continent can thrive under a nature economy.  

    Nairobi, Kenya (19 June 2025) – Today, GLF Africa 2025: Innovate, Restore, Prosper – hosted by the Global Landscapes Forum (GLF) and CIFOR-ICRAF – brought together nearly 2,500 participants from 118 countries online and in Nairobi, Kenya, to explore how local communities are spearheading a green transition across Africa.  

    The Forum, which has reached over 9 million people on social media, convened African and global innovators, scientists, investors and community leaders to raise their voices, share insights and spotlight how grassroots action is leading the way – from ecosystem restoration, land rights and diverse knowledge systems to green jobs, natural capital and AI.  

    Here’s what experts shared at GLF Africa 2025:

    Innovation and AI for people and planet

    “When raw data is given meaning, it becomes information. When information is put into context, it becomes knowledge. And when knowledge becomes actionable and applied, only then does it become wisdom. That is the work we all need to do – to move into wisdom territory. To turn data into gold. Africa already has immense natural capital. It’s our responsibility to bring intelligence, meaning and context towards a nature economy.” – Éliane Ubalijoro, CEO, CIFOR-ICRAF.

    “AI technology is going to help us only when we include the farmer not just as the end user but as a co-creator in our solutions. … Leveraging what people know is one way we can find better fitting solutions for them.” – Esther Maina, Geospatial Developer, Kenya Space Agency.

    “Data and AI play a pivotal role in unlocking some of those insights that we’ve never had access to before, bringing a level of transparency that can restore trust in our ecosystem. Data creates transparency, transparency creates trust, and trust accelerates investments. It will only work, though, if we really start treating our natural capital as a core economic driver … with the potential to unlock trillions in capital.” – Kate Kallot, Founder & CEO, Amini AI

    Restoring and reclaiming Africa’s landscapes  

    “Land rights are the foundation for Africa’s nature economy. How can we make sure that Africa’s relationship with the West or the private sector is based on a win-win situation? We all know that the West has the technology, but we have the resources, so that should put Africa in a very powerful bargaining position.” – Solange Bandiaky-Badji, President, Rights and Resources Group (RRG), Coordinator, Rights and Resources Initiative (RRI)

    “Indigenous people, particularly those on drylands – they have been living their life for generations, overcoming challenges and uncertainties just with the simple knowledge of understanding the environment.” – Joshua Laizer, Co-founder, Tanzania Conservation and Community Empowerment Initiative (TACCEI) and GLFx Maasai Steppe

    “We need to create enabling ecosystems that support people to do more restoration and tap into nature-based economies, because policies without people is just poetry.” – Melyn Abisa, INUKA Project coordinator, Youth4Nature

    Prosperity through working with nature

    “We [need to] give value to our biomass … that helps keep natural capital in the right state. The current model that we operate in the restoration community is only capturing and valuing 6–10% of the biomass. It’s largely based around commodities and non-timber forest products: coffee, cashew, macadamia, timber. We export everything raw.” – Peter Minang, Director for Africa, CIFOR-ICRAF.

    “We need a shift from aid to investment-centered development. Africa is home to $6.5 trillion in natural resources, a population that is about to reach 2.5 billion by 2050 and 60% of the world’s renewable energy potential. This is not a charity case. This is a compelling investment case that the world cannot afford to ignore.” – Sellah Bogonko, Co-Founder and CEO, Jacob’s Ladder Africa.

    “Africa’s nature economy has the potential to sustain ourselves, so there’s no need for us to heavily rely on foreign aid. We are our own resource” – Steve Misati, Director at Youth Pawa and 2024 Ocean Restoration Steward.

    FIGURES

    Over 60% of Africa’s economy relies on its natural capital – from forests and biodiversity to water and land.    
    Investing in restoration and sustainable landscape practices could deliver major ecological, social and financial returns, with up to 600% returns on investment.
    Up to 70% of communities in Sub-Saharan Africa rely on forests and woodlands for their livelihoods.
    65% of Africa’s productive landscapes are degraded, driven largely by the climate crisis, insecure land rights and underfunded restoration initiatives.
    Africa’s demands for food, shelter and jobs will increase as its population is expected to grow from 1.5 billion to 2.5 billion by 2050.

    Rewatch GLF Africa 2025 for free and learn first-hand what all experts shared: bit.ly/GLFAfrica2025.

    ABOUT THE GLF

    The Global Landscapes Forum (GLF) is the world’s largest knowledge-led platform on integrated land use, connecting people with a shared vision to create productive, profitable, equitable and resilient landscapes. It is led by the Center for International Forestry Research and World Agroforestry (CIFOR-ICRAF), in collaboration with its co-founders UNEP and the World Bank, and its charter members. Learn more at www.globallandscapesforum.org.

    MIL OSI – Submitted News

  • MIL-OSI Submissions: WHO – Global Leaders Unite to Accelerate Cervical Cancer Elimination Efforts

    Source: World Health Organization (WHO)

    New commitments at Bali Forum drive momentum to save hundreds of thousands of girls and women from cancer

    BALI, Indonesia, 19 June 2025 – Governments, donors, multilateral institutions, the private sector, and partners today announced significant policy, programmatic, and financial commitments to eliminate one of the most preventable cancers.

    At the 2nd Global Cervical Cancer Elimination Forum, hosted in Bali, Indonesia, on 17-19 June, leaders announced a wave of new investments and policy pledges to expand access to HPV vaccination, screening, and treatment – bringing the world closer to making cervical cancer the first cancer to ever be eliminated.  

    The Forum is attended by more than 300 participants, among them are high-level delegates, such as Ministers of Health from Fiji, Indonesia, Kiribati, Papua New Guinea, Rwanda, Timor-Leste, and Vanuatu, as well as Vice Ministers from Costa Rica, Paraguay, and South Africa, demonstrating strong political commitment from countries across regions.

    The Global Strategy for the elimination of cervical cancer sets clear targets for 2030: 90% of girls fully vaccinated with the HPV vaccine by age 15; 70% of women screened with a high-performance test by age 35 and again at 45; and 90% of women identified with cervical disease receiving appropriate treatment. Progress across all three pillars is essential to achieve and sustain elimination.

    “In 2018, WHO issued a global call for action to eliminate cervical cancer on the world to act, and the commitments made here in Indonesia show that call is being answered,” said Dr Tedros Adhanom Ghebreyesus, WHO Director-General. “But we must go further and faster. Every girl who remains unvaccinated and every woman who lacks access to screening or treatment is a reminder that equity must be at the heart of our elimination strategy. Together, we can consign cervical cancer to the history books.”

    Despite being preventable, cervical cancer still claims the life of a woman every two minutes – 94% of them in low- and middle-income countries (LMICs). Less than five per cent of women in many LMICs receive cervical cancer screening due to health system limitations, cost barriers and logistical challenges.  

    Vaccination against human papillomavirus (HPV) – the leading cause of cervical cancer – can prevent the vast majority of cases, averting 17.4 deaths for every 1000 girls vaccinated. Combined with screening and treatment—including for precancerous lesions and invasive cancer— it provides a path to elimination. However, as of 2024 only 46 per cent of low-income countries have introduced HPV vaccination nationally, compared to 98 per cent of high-income nations.

    The Bali forum builds on momentum from Cartagena, Colombia, where nearly US$ 600 million was committed last year to scale up efforts. 194 countries have adopted WHO’s global strategy to eliminate cervical cancer and 75 countries globally

    have adopted the single-dose HPV vaccine, which expands access to the vaccine to even more girls and saves costs. Vaccination coverage is also improving: in Africa, first dose coverage rose from 28% in 2022 to 40% in 2023 – making it the region with the second-highest rate globally and empowering millions of girls to protect their health and realize their potential. There is increased vaccine supply thanks to market shaping efforts by Gavi, the Vaccine Alliance and updated recommendations are helping to make cervical cancer screening and treatment more affordable.

    The Ministry of Health of the Republic of Indonesia continues to accelerate the national HPV vaccination program to reduce mortality rates from cervical cancer. Minister of Health Budi Gunadi Sadikin emphasized the urgency of this initiative, as cervical cancer remains one of the leading causes of death among women in Indonesia.

    To address this issue, the Ministry of Health is not only expanding free HPV vaccination coverage for school-age girls but also strengthening early detection programs for cervical cancer through DNA HPV test and co-testing with IVA (Visual Inspection with Acetic Acid) at health-care facilities. Additionally, the ministry is collaborating with various stakeholders, including local governments and community organizations, to enhance public education and awareness about the importance of early prevention.

    “We cannot rely solely on treatment. Prevention is far more important. Therefore, in addition to HPV vaccination, we strongly encourage regular screening so that cancer can be detected at an early stage before it progresses,” said Minister of Health Budi Gunadi Sadikin.

    Early detection significantly increases the chances of recovery and reduces treatment cost. For this reason, combining screening and vaccination is essential for effectively preventing and tackling cervical cancer.

    Alongside gains in vaccination, countries are also reporting progress in expanding access to cervical cancer screening and treatment, aligned with WHO recommendations. Innovations such as self-sampling are improving reach and feasibility, especially in low-resource settings. Many countries are scaling up national screening programmes and investing in treatment services to ensure that women who test positive receive timely and appropriate care.

    This growing global push, driven by renewed commitments from governments and partners at the Forum shows that it is possible to reverse the tide and prevent annual deaths from rising to over 410 000 by 2030, as currently estimated.

    To sustain and accelerate this momentum, donors committed to a future free from cervical cancer are strongly urged to fully fund Gavi, which aims to vaccinate an additional 120 million girls between 2026-2030, saving 1.5 million lives.

    “At its heart, this movement is about justice. It’s about ensuring that every girl and every woman, regardless of where she lives or what she earns, has access to basic, lifesaving care,” said Dr Saia Ma’u Piukala, WHO Regional Director for the Western Pacific. “As we build these services, we are not just preventing cancer, we are strengthening the bond between women and the health system. We are breaking down barriers. We are dismantling stigma. We are advancing the broader agenda for women’s health. Let us act now—so that every woman, everywhere, can live a healthy, dignified life.”

    Continued support is also essential for the coordinated efforts of governments, and global partners across the full elimination strategy to help bring us closer to a world where no girl or woman dies from a disease that there is the power to eliminate. Further, the forum calls countries to set ambitious national targets, align with global commitments, and strengthen collective action toward a cervical cancer-free world by 2030 through the Bali Declaration to Reaffirm Commitment to Cervical Cancer Elimination.

    Notes:

    Country commitments made at the forum include:

    Government of Indonesia

    Indonesia stands unwavering in its mission to eliminate cervical cancer by 2030, ensuring that every woman, regardless of socioeconomic status, can live free from its threat. With an ambitious national 90-75-90 target, Indonesia is scaling up its efforts and setting a precedent for bold, decisive action.

    Recognizing that elimination requires sustained commitment, Indonesia is mobilizing all sectors through evidence-based programming, strong local leadership, and dynamic multi-stakeholder collaboration. We are prioritizing substantial investments in the health system and fortifying the key pillars of progress—governance, financial sustainability, and social outreach—to drive real change.

    With the National Cervical Cancer Elimination Plan 2023–2030 launch, Indonesia has solidified a comprehensive partnership ecosystem spanning ministries, local governments, civil society, communities, and international development partners. Significant strides have been made across the three elimination pillars: vaccination, screening, and treatment. To accelerate our impact, Indonesia is advancing the following commitments:

    1. HPV Vaccination – Reaching Every Girl, Every Woman

    By the end of 2025, Indonesia will transition to a single-dose HPV vaccination schedule, deploying both school-based and community-based platforms to ensure 90% coverage of HPV vaccination among girls and women in all target groups by 2030.

    2. Cervical Cancer Screening – Scaling Up and Innovating

    Indonesia is dramatically expanding its screening efforts to reach 75% of women aged 30–69 by 2030, using high-performance HPV DNA testing—a globally recognized best practice. Nationwide pilots are already underway, with full-scale adoption targeted by the end of 2025.

    3. Treatment and Care – Strengthening Access and Innovation

    Indonesia is fortifying its health system by closing diagnostic and treatment services gaps. Key advancements include accelerated procurement of essential diagnostic tools and treatment equipment and expanded access to chemotherapy, immunohistochemistry testing, and cryotherapy across all regions. Additionally, we are upskilling our healthcare workforce to ensure expertise in the latest treatment techniques.

    As we move forward, Indonesia is embedding cervical cancer elimination within its broader National Cancer Control Plan 2025–2034, driving continuous monitoring, research, and evidence-based policy refinement to guarantee universal access to preventive and curative services.

    Indonesia is fully committed to accelerating progress, ensuring that every woman across the country has access to the services needed for cervical cancer prevention, early detection, and treatment. At this pivotal global forum, Indonesia with the participants of the forum urge countries to set ambitious national targets, align with global commitments, and strengthen collective action toward a cervical cancer-free world by 2030 through the adoption of Bali Declaration to Reaffirm Commitment to Cervical Cancer Elimination.

     

    Other Government commitments

    Government of Pakistan

    The Ministry of National Health Services, Regulations & Coordination reaffirms Pakistan’s unwavering commitment to cervical cancer elimination, aligning with the WHO’s 2030 targets. With over 5,000 new cases and 3,000 deaths annually, cervical cancer is a public health challenge in Pakistan. We are prioritizing a comprehensive strategy focusing on HPV vaccination for adolescent girls starting in 2025, alongside strengthening screening programs and ensuring timely treatment access.

    Our goal is to achieve a future where no woman in Pakistan loses her life to this preventable disease.

    Government of Papua New Guinea

    Papua New Guinea has committed to eliminate cervical cancer from the country. Integrated cervical cancer screening and treatment has been scaled up and the country plans to introduce HPV vaccine nationally in 2026.

    Government of Samoa

    Samoa has made major strides:

    Over 80% HPV vaccination coverage among girls aged 10–18, supported by ADB and UNICEF.
    Our first Cervical Cancer Elimination Strategy was developed in 2023 with UNFPA support.
    The National Cancer Policy and Action Plan (2024–2029) was approved by our government last December and was funded with Australian assistance.

     

    Our approach integrates screening into primary care, uses mobile outreach, and embeds community engagement through the Fa’asamoa and “Healthy Islands” principles.

    We recognise the challenges—limited resources and workforce—but we remain committed to combining prevention, screening, and partnerships to achieve our goals.

    This program is about equity, hope, and action. Every woman in Samoa deserves access to life-saving care. As a Pacific nation and proud Commonwealth member, we are determined to lead by example.

    Together, we will eliminate cervical cancer and save lives.
    Thank you for the assistance from our Development Partners and the Global Community.

    Co-host commitments

    Gates Foundation

    The Gates Foundation is committed to protecting the next generation of women from cervical cancer by increasing equitable, sustainable access to HPV vaccines in low- and middle-income countries and we are proud to support Gavi, the Vaccine Alliance, and countries in the ongoing work to accelerate the introduction and scale-up of HPV vaccines.

    We continue in our commitment that supports research on new prophylactic HPV vaccines, further studies investigating the durability of protection of single-dose vaccination, and tools to help countries better understand how vaccines might be used beyond current target populations. And we remain dedicated to our partnerships with governments, non-governmental organizations, multilateral organizations, and the private sector. Working together, we can eliminate cervical cancer.  

    Gavi, the Vaccine Alliance

    Gavi reaffirms its commitment to the Cervical Cancer Elimination Initiative by supporting lower- and middle-income countries to introduce, finance and scale up coverage of HPV vaccines to drive equitable and sustainable access.

     In partnership with countries and Alliance partners, Gavi is on track to reach its ambitious goal of protecting 86 million girls with the lifesaving HPV vaccine by the end of 2025. To date, we have supported 45 countries to introduce the HPV vaccine to their routine systems. This effort is expected to prevent more than 1.4 million future deaths from cervical cancer and represents a major step forward in advancing health equity.

    In Gavi’s next strategic period 2026–2030, Gavi aims to intensify its efforts by reaching over 120 million additional girls with the HPV vaccine- an initiative that could save 1.5 million more lives. Achieving this goal will depend on a fully funded Gavi for the next strategic period. Gavi’s investment in HPV vaccination programmes provides a strong foundation for elimination initiatives across the pillars of WHO’s Global Strategy for Cervical Cancer Elimination.

    Investing in the health of women and girls is essential to unlocking their full potential and building a healthier, more equitable future for all.

    UNICEF

    At the 2024 Forum, UNICEF announced an investment of USD 10 million towards the HPV vaccine programme (the HPV Plus initiative). Through the HPV Plus initiative and other investments and partnerships, UNICEF supported the vaccination of over 20 million girls across the 21 HPV Plus implementing countries. Importantly, UNICEF forged strong multi-sectoral engagements and partnerships, working directly with over 250,000 stakeholders in the 21 countries to ensure access for key integrated adolescent health services including nutrition, sexual and reproductive health, HIV/AIDs, menstrual hygiene management, and related services to over 490,000 girls – in addition to receiving the HPV vaccine.  

     

    In UNICEF’s next strategic plan for 2026-2029 we commit to supporting vaccination of 100 million girls with the HPV vaccine. UNICEF will continue to leverage its programmatic and multi-sectoral footprint to advance effective initiatives including integrated HPV vaccination and adolescent health services and strengthening effective delivery platforms including school-based vaccination.  We will also continue to generate and share evidence to help build stronger immunization and health programmes that advance the wellbeing of adolescent girls.

     

    UNICEF will also leverage its Maternal, Newborn, and Child Health (MNCH) program alongside its cervical cancer diagnostic toolkit to shape markets and to create linkages for the screening and treatment pillars of the cervical cancer elimination strategy. Through key programmatic touchpoints, we will raise awareness among country stakeholders and partners about effective screening and treatment options, while providing technical support where feasible.

    Unitaid

    Unitaid has been a leading investor in the secondary prevention of cervical cancer for over six years and ever since the WHO launched the call to action in 2018. This long-standing engagement reflects Unitaid’s dedication to closing the prevention gap for millions of women worldwide who are not eligible for or able to access the HPV vaccination.

    Building on this foundation, Unitaid will invest an additional US$50 million over the next two years to accelerate access to screening and pre-cancer treatment, resulting in a cumulative commitment now reaching US$130 million. This includes an immediate US$18 million investment to directly support 18 countries across Africa, Asia-Pacific, Latin America, and the Caribbean in establishing and scaling national programs. These efforts will prioritize the rapid uptake of HPV testing and pre-cancer treatment devices, decentralized screening models to reach underserved populations, and the integration of services into health systems in ways that are both sustainable and cost-effective.

    In addition to country-level support, Unitaid will strengthen regional mechanisms that benefit a broader set of countries. This includes expanding supply options to improve access to affordable commodities and fostering South-South learning structures that promote local innovation and experience sharing. Through these efforts, Unitaid aims to help countries accelerate progress toward their national cervical cancer elimination goals and contribute meaningfully to the global 90-70-90 targets.

    Civil Society Organisations

    African Cervical Health Alliance (ACHA)

    As a network of grassroots civil society organisations, activists and allies committed to advancing the health and wellbeing of African women, thus safeguarding the fabric of our communities, and nations, the African Cervical Health Alliance (ACHA) remains committed to using our knowledge of the community, our collective voices, experiences, and skills as cervical cancer survivors, caregivers and allies, in our advocacy with and for our women and girls, in the achievement of the WHO 90/70/90 targets by 2030.

    ACHA will continue scaling up the use of our evidence based, customisable IEC materials to reach at least 150,000 adolescent girls, women, parents, and community leaders across underserved communities with culturally appropriate and age-specific messages about HPV, the importance of HPV vaccination for all eligible girls, routine cervical cancer screening and access to treatment.

    We will also continue to advocate for increased HPV vaccine uptake by integrating cervical health messages into at least 100 advocacy and community engagement activities annually with key populations, including but not limited to school health programs, youth forums, and faith-based initiatives.

    We are also committed to supporting government-led efforts in our respective member countries, through technical input, stakeholder engagement, and community mobilization to adopt WHO’s recommendation for single-dose HPV vaccine schedule for our girls, and to expand access to high performance screening tests for all women, especially in rural and hard-to-reach areas.

    We stand firm in our commitment to building the advocacy capacity of grassroots champions and cancer survivors, by training at least 200 advocates by June 2026 to lead awareness campaigns, reduce stigma, and foster demand for cervical cancer prevention services.

    Our commitments remain resolute, in accelerating the elimination of cervical cancer as a public health problem across Africa, with a focus on underserved populations, and advocating for the integration of preventive services at all levels of implementation. We therefore pledge to use our unified voice, networks, and tools to catalyse political will, drive accountability, and ensure no woman or girl is left behind in the journey to a cervical cancer free Africa.

    Association for Mothers and Newborns (AMAN)

    The Association for Mothers and Newborns (AMAN) reaffirms its commitment to cervical cancer elimination, in alignment with the WHO’s 90-70-90 targets and as a national health priority of Pakistan.

    As a community-rooted professional organization, AMAN recognizes that demand generation, social mobilisation, and evidence-based advocacy are essential pillars to increase the uptake of HPV vaccination and cervical cancer screening services, particularly in underserved and marginalized communities. AMAN also provides professional training in Screening methods (Cytology, VIA), and treatment with Colposcopy, LLETZ and Surgical management.

    Through its GAVI-funded advocacy project in Sindh province (2025–26), AMAN is addressing vaccine hesitancy, countering misconceptions, and mobilizing families, community leaders, teachers, and caregivers to support HPV vaccination for adolescent girls. The initiative aims to reach over 400,000 adolescent girls, parents, and teachers via community awareness sessions, health camps, and digital outreach. It has also successfully engaged local influencers, health workers, and peer educators as advocates for cervical cancer prevention and health equity.

    AMAN pledges to collaborate with public health authorities, civil society, and global partners to amplify local voices, remove barriers, and accelerate Pakistan’s progress toward the global goal of eliminating cervical cancer as a public health problem. Together, with a multipronged approach, we can end cervical cancer.

    Cancer Awareness, Prevention and Early Detection Trust (CAPED)

    As a founding member of the Cervical Cancer Elimination Consortium – India (CCEC-I), CAPED commits to being the community engagement partner and extending outreach through its 48 partner organizations and their extended networks to support the rollout of HPV vaccination and a national cervical cancer screening program.

    By June 2026, we will coordinate efforts to:
    • Develop a national preparedness map and readiness report using real-time grassroots data, reflecting local realities on awareness, access, and health system readiness.
    • Collect and document human interest stories from communities to highlight both challenges and successes in cancer prevention efforts.
    • Create and disseminate contextually relevant communication materials that resonate with diverse audiences and address stigma, misinformation, and fear.

    These efforts will help ground national strategies in lived experiences and ensure that civil society plays a central role in advancing equitable, people-centred cervical cancer elimination in India.

    Girls and Women Health Initiative (GWHI)

    GWHI commits to double its impacts in advocacy for HPV vaccination, cervical cancer screening and treatment, along with disseminating the findings from the first ever situation analysis commissioned by the Ministry of National Health Services Regulation and Coordination, Pakistan and WHO.

    GWHI has also created the Pakistan Alliance for Cervical Cancer Elimination (PACCE), a platform to bring together all partners, governmental and non-governmental, working in Pakistan for cervical cancer elimination, to amplify efforts and impact.

    Union for International Cancer Control

    The Union for International Cancer Control is committed to working alongside its 1,150 members across 172 countries and territories to address inequities and drive global action towards the elimination of cervical cancer. With a strong reputation in global advocacy, a rich history of delivering initiatives to support national action, and flagship convening platforms that facilitate peer-to-peer exchange and foster collaboration, UICC continues to champion efforts that improve access to care, sustain progress, and lessen the impact of cervical cancer on individuals, their families and communities.

    As part of its new three-year business plan, UICC will further strengthen its engagement—including through its role in the ‘Elimination Partnership in the Indo-Pacific for Cervical Cancer’, ongoing support for cervical cancer programmes in Francophone Africa, and initiatives that amplify the voices of those with lived experience, including as part of its current three-year World Cancer Day campaign – United by Unique. A core focus of this work will be to mobilise and equip civil society to advocate for the elimination of cervical cancer—ensuring communities are heard, policies are strengthened, and accountability is upheld.

    UICC is rooted in its belief that everyone experiencing cancer should have access to quality treatment and care, and no one should die from a preventable cancer. To achieve this, UICC will leverage its established learning and knowledge-sharing opportunities, its broad multi-sectoral network, and continued advocacy to further progress and ensure that health systems are equipped to improve cancer control, and eliminate cervical cancer.

     

    Private sector

    Becton Dickinson

    Becton Dickinson HPV Access Pricing Initiative: Becton Dickinson (BD) proudly commits to a Global Access Price for our advanced HPV Screening Solution, featuring integrated Extended Genotyping and a self-collection option to expand equitable access to life-saving diagnostics globally. This all-inclusive “Price per Patient Result” will be available to governments and non-governmental organizations advancing public sector programs in 73 Low and Low-Middle Income Countries. Through multi-stakeholder collaboration, we aim to expand access, improve patient management, and help public sector programs implement high-quality, sustainable, and scalable screening programs for effective cervical cancer prevention.

    The Ministry of Health Indonesia and Becton Dickinson (BD) are partnering to expand cervical cancer screening in West Java, aiming to reach 300,000 women in three years. Building on a successful pilot in Papua, the initiative supports Indonesia’s National Action Plan, improving patient management and long-term cost-effectiveness through HPV DNA testing, self-collection, and extended genotyping.

    Roche

    Roche commits to expand affordable pricing for its cobas® HPV DNA test to 17 additional countries, bringing the total to 106 countries, with the potential to positively impact more than 600 million women worldwide. The decision reflects Roche’s unwavering dedication to continuous innovation and advancing equitable access to cervical cancer screening, a critical step in supporting countries as they work towards their elimination goals. Roche’s commitment ext

    MIL OSI – Submitted News

  • MIL-OSI: Dundee Corporation Announces Voting Results from 2025 Annual Meeting of Shareholders

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 19, 2025 (GLOBE NEWSWIRE) — Dundee Corporation (TSX: DC.A) (“Dundee” or the “Corporation”) is pleased to announce the voting results from its Annual Meeting of Shareholders (the “Meeting”) which was held earlier today. Shareholders voted in favour of all items of business before the Meeting, as follows:

    Appointment of Auditor

    PricewaterhouseCoopers LLP were appointed as Auditor of the Corporation and the directors of the Corporation were authorized to fix the remuneration of the Auditor. Details of the voting results are set out below:

      Total Votes % of Votes Cast  
    Votes in Favour 354,684,508 99.94  
    Votes Withheld 204,353 0.06  
    Total Votes Cast 354,888,861 100  
           

    Election of Directors

    The shareholders elected each of the seven nominees listed in the Corporation’s Management Proxy Circular. Details of the voting results are set out below:

    Name Votes in Favour % Votes Withheld %
    Tanya Covassin 348,156,952 99.85 529,846 0.15
    Jaimie Donovan 348,165,977 99.85 520,821 0.15
    Jonathan Goodman 348,482,415 99.94 204,383 0.06
    Bruce McLeod 348,216,718 99.87 470,080 0.13
    Andrew Molson 348,148,753 99.85 538,045 0.15
    Peter Nixon 348,220,518 99.87 466,280 0.13
    Allen Palmiere 348,203,263 99.86 483,535 0.14
             

    The Corporation also announces the departure of Steven Sharpe as Executive Vice Chair with the Corporation’s orderly disposition of its non-mining legacy investment portfolio nearly complete. We would like to thank Mr. Sharpe for his valuable contribution to the organization and wish him continued success in his future endeavors.

    ABOUT DUNDEE CORPORATION

    Dundee Corporation is a public Canadian independent mining-focused holding company, listed on the Toronto Stock Exchange under the symbol “DC.A”. The Corporation is primarily engaged in acquiring mineral resource assets. The Corporation operates with the objective of unlocking value through strategic investments in mining projects globally. Our team conducts due diligence in order to assess the geological, technical, environmental, and financial merits and risks of each project and looks to deploy capital where it can either seek to generate investment returns or where the Corporation can collaborate with operating partners and take strategic partnerships through direct interests in mining operations.

    FOR FURTHER INFORMATION PLEASE CONTACT:

    Investor and Media Relations
    T: (416) 864-3584
    E: ir@dundeecorporation.com

    The MIL Network

  • MIL-OSI: Dundee Corporation Announces Voting Results from 2025 Annual Meeting of Shareholders

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 19, 2025 (GLOBE NEWSWIRE) — Dundee Corporation (TSX: DC.A) (“Dundee” or the “Corporation”) is pleased to announce the voting results from its Annual Meeting of Shareholders (the “Meeting”) which was held earlier today. Shareholders voted in favour of all items of business before the Meeting, as follows:

    Appointment of Auditor

    PricewaterhouseCoopers LLP were appointed as Auditor of the Corporation and the directors of the Corporation were authorized to fix the remuneration of the Auditor. Details of the voting results are set out below:

      Total Votes % of Votes Cast  
    Votes in Favour 354,684,508 99.94  
    Votes Withheld 204,353 0.06  
    Total Votes Cast 354,888,861 100  
           

    Election of Directors

    The shareholders elected each of the seven nominees listed in the Corporation’s Management Proxy Circular. Details of the voting results are set out below:

    Name Votes in Favour % Votes Withheld %
    Tanya Covassin 348,156,952 99.85 529,846 0.15
    Jaimie Donovan 348,165,977 99.85 520,821 0.15
    Jonathan Goodman 348,482,415 99.94 204,383 0.06
    Bruce McLeod 348,216,718 99.87 470,080 0.13
    Andrew Molson 348,148,753 99.85 538,045 0.15
    Peter Nixon 348,220,518 99.87 466,280 0.13
    Allen Palmiere 348,203,263 99.86 483,535 0.14
             

    The Corporation also announces the departure of Steven Sharpe as Executive Vice Chair with the Corporation’s orderly disposition of its non-mining legacy investment portfolio nearly complete. We would like to thank Mr. Sharpe for his valuable contribution to the organization and wish him continued success in his future endeavors.

    ABOUT DUNDEE CORPORATION

    Dundee Corporation is a public Canadian independent mining-focused holding company, listed on the Toronto Stock Exchange under the symbol “DC.A”. The Corporation is primarily engaged in acquiring mineral resource assets. The Corporation operates with the objective of unlocking value through strategic investments in mining projects globally. Our team conducts due diligence in order to assess the geological, technical, environmental, and financial merits and risks of each project and looks to deploy capital where it can either seek to generate investment returns or where the Corporation can collaborate with operating partners and take strategic partnerships through direct interests in mining operations.

    FOR FURTHER INFORMATION PLEASE CONTACT:

    Investor and Media Relations
    T: (416) 864-3584
    E: ir@dundeecorporation.com

    The MIL Network

  • MIL-OSI: Condor Announces Director Election Results

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, June 19, 2025 (GLOBE NEWSWIRE) — Condor Energies Inc. (TSX: CDR), a Canadian based energy company, is pleased to announce that the following five director nominees were elected at the Annual Meeting of Shareholders held on June 19, 2025:

    Name of Nominee Votes For Percent Votes Withheld Percent
    Dennis Balderston 28,380,288 99.46% 154,079 0.54%
    Andrew Judson 28,366,488 99.41% 167,879 0.59%
    Werner Zoellner 28,380,582 99.46% 153,785 0.54%
    Donald Streu 28,534,048 100.00% 319 0.00%
    John Chambers 28,380,582 99.46% 153,785 0.54%
             

    The TSX does not accept responsibility for the adequacy or accuracy of this news release.

    For further information, please contact Don Streu, President and CEO or Sandy Quilty, Vice President, Finance & CFO at 403-201-9694.

    The MIL Network

  • MIL-Evening Report: Despite decades of cost cutting, governments spend more than ever. How can we make sense of this?

    Source: The Conversation (Au and NZ) – By Ian Lovering, Lecturer in International Relations, Te Herenga Waka — Victoria University of Wellington

    Getty Images

    Recent controversies over New Zealand’s Ka Ora, Ka Ako school lunch program have revolved around the apparent shortcomings of the food and its delivery. Stories of inedible meals, scalding packaging and general waste have dominated headlines.

    But the story is also a window into the wider debate about the politics of “fiscal responsibility” and austerity politics.

    As part of the mission to “cut waste” in government spending, ACT leader and Associate Education Minister David Seymour replaced the school-based scheme with a centralised program run by a catering corporation. The result was said to have delivered “saving for taxpayers” of $130 million – in line with the government’s overall drive for efficiency and cost cutting.

    While Finance Minister Nicola Willis dislikes the term “austerity”, her May budget cut the government’s operating allowance in half, to $1.3 billion. This came on top of budget cuts last year of around $4 billion.

    Similar policy doctrines have been subscribed to by governments of all political persuasions for decades. As economic growth (and the tax revenue it brings) has been harder for OECD countries to achieve over the past 50 years, governments have looked to make savings.

    What is strange, though, is that despite decades of austerity policies reducing welfare and outsourcing public services to the most competitive corporate bidder, state spending has kept increasing.

    New Zealand’s public expense as a percentage of GDP increased from 25.9% in 1972 to 35.9% in 2022. And this wasn’t unusual. The OECD as a whole saw an increase from 18.9% in 1972 to 29.9% in 2022.

    How can we make sense of so-called austerity when, despite decades of cost cutting, governments spend more than ever?

    Austerity and managerialism

    In a recent paper, I argued that the politics of austerity is not only about how much governments spend. It is also about who gets to decide how public money is used.

    Austerity sounds like it is about spending less, finding efficiencies or living within your means. But ever rising budgets mean it is about more than that.

    In particular, austerity is shaped by a centralising system that locks in corporate and bureaucratic control over public expenditure, while locking out people and communities affected by spending decisions. In other words, austerity is about democracy as much as economics.

    We typically turn to the ideology of neoliberalism – “Rogernomics” being the New Zealand variant – to explain the history of this. The familiar story is of a revolutionary clique taking over a bloated postwar state, reorienting it towards the global market, and making it run more like a business.

    Depending on your political persuasion, the contradiction of austerity’s growing cost reflects either the short-sightedness of market utopianism or the stubbornness of the public sector to reform.

    But while the 1980s neoliberal revolution was important, the roots of austerity’s managerial dimension go back further. And it was shaped less by a concern that spending was too high, and more by a desire to centralise control over a growing budget.

    Godfather of ‘rational’ budgeting: US Secretary of Defense Robert McNamara at a Vietnam War briefing in 1964.
    Getty Images

    Many of the managerial techniques that have arrived in the public sector over the austerity years – such as results-based pay, corporate contracting, performance management or evaluation culture – have their origins in a budgetary revolution that took place in the 1960s at the US Department of Defense.

    In the early 1960s, Defense Secretary Robert McNamara was frustrated with being nominally in charge of budgeting but having to mediate between the seemingly arbitrary demands of military leaders for more tanks, submarines or missiles.

    In response, he called on the RAND Corporation, a US think tank and consultancy, to remake the Defense Department’s budgetary process to give the secretary greater capacity to plan.

    The outcome was called the Planning Programming Budgeting System. Its goal was to create a “rational” budget where policy objectives were clearly specified in quantified terms, the possible means to achieve them were fully costed, and performance indicators measuring progress were able to be reviewed.

    This approach might have made sense for strategic military purposes. But what happens when you apply the same logic to planning public spending in healthcare, education, housing – or school lunches? The past 50 years have largely been a process of finding out.

    What began as a set of techniques to help McNamara get control of military spending gradually diffused into social policy. These ideas travelled from the US and came to be known as the “New Public Management” framework that transformed state sectors all over the world.

    What are budgets for?

    Dramatic moments of spending cuts – such as the 1991 “Mother of all Budgets” in New Zealand or Elon Musk’s recent DOGE crusade in the US – stand out as major exercises in austerity. And fiscal responsibility is a firmly held conviction within mainstream political thinking.

    Nevertheless, government spending has become a major component of OECD economies. If we are to make sense of austerity in this world of permanent mass expenditure, we need a broader idea of what public spending is about.

    Budgets are classically thought to do three things. For economists, they are a tool of macroeconomic stabilisation: if growth goes down, “automatic stabilisers” inject public money into the economy to pick it back up.

    For social reformers, the budget is a means of progressively redistributing resources through tax and welfare systems. For accountants, the budget is a means of cost accountability: it holds a record of public spending and signals a society’s future commitments.

    But budgeting as described here also fulfils a fourth function – managerial planning. Decades of reform have made a significant portion of the state budget a managerial instrument for the pursuit of policy objectives.

    From this perspective, underlying common austerity rhetoric about eliminating waste, or achieving value for money, is a deeper political struggle over who decides how that public money is used.

    To return to New Zealand’s school lunch program, any savings achieved should not distract from the more significant democratic question of who should plan school lunches – and public spending more broadly.

    Should it be the chief executives of corporatised public organisations and outsourced conglomerates managing to KPIs on nutritional values and price per meal, serving the directives of government ministers? Or should it be those cooking, serving and eating the lunches?

    Ian Lovering is affiliated with the Tertiary Education Union Te Hautū Kahurangi o Aotearoa.

    ref. Despite decades of cost cutting, governments spend more than ever. How can we make sense of this? – https://theconversation.com/despite-decades-of-cost-cutting-governments-spend-more-than-ever-how-can-we-make-sense-of-this-258902

    MIL OSI AnalysisEveningReport.nz