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Category: Finance

  • MIL-OSI Asia-Pac: President Lai meets cross-party Irish Oireachtas delegation

    Source: Republic of China Taiwan

    Details
    2025-07-22
    President Lai meets official delegation from European Parliament’s Special Committee on the European Democracy Shield
    On the morning of July 22, President Lai Ching-te met with an official delegation from the European Parliament’s Special Committee on the European Democracy Shield (EUDS). In remarks, President Lai thanked the committee for choosing to visit Taiwan for its first trip to Asia, demonstrating the close ties between Taiwan and Europe. President Lai emphasized that Taiwan, standing at the very frontline of the democratic world, is determined to protect democracy, peace, and prosperity worldwide. He expressed hope that we can share our experiences with Europe to foster even more resilient societies. A translation of President Lai’s remarks follows: Firstly, on behalf of the people of Taiwan, I extend a warm welcome to your delegation, which marks another official visit from the European Parliament. The Special Committee on the EUDS aims to strengthen societal resilience and counter disinformation and hybrid threats. Having been constituted at the beginning of this year, the committee has chosen to visit Taiwan for its first trip to Asia, demonstrating the close ties between Taiwan and Europe and the unlimited possibilities for deepening cooperation on issues of concern. I am also delighted to see many old friends of Taiwan gathered here today. I deeply appreciate your longstanding support for Taiwan. Taiwan and the European Union enjoy close trade and economic relations and share the values of freedom and democracy. However, in recent years, we have both been subjected to information manipulation and infiltration by foreign forces that seek to interfere in democratic elections, foment division in our societies, and shake people’s faith in democracy. Taiwan not only faces an onslaught of disinformation, but also is the target of gray-zone aggression. That is why, after taking office, I established the Whole-of-Society Defense Resilience Committee at the Presidential Office, with myself as convener. The committee is a platform that integrates domestic affairs, national defense, foreign affairs, cybersecurity, and civil resources. It aims to strengthen the capability of Taiwan’s society to defend itself against new forms of threat, pinpoint external and internal vulnerabilities, and bolster overall resilience and security. The efforts that democracies make are not for opposing anyone else; they are for safeguarding the way of life that we cherish – just as Europe has endeavored to promote diversity and human rights. The Taiwanese people firmly believe that when our society is united and people trust one another, we will be able to withstand any form of authoritarian aggression. Taiwan stands at the very frontline of the democratic world. We are determined to protect democracy, peace, and prosperity worldwide. We also hope to share our experiences with Europe and deepen cooperation in such fields as cybersecurity, media literacy, and societal resilience. Thank you once again for visiting Taiwan. Your presence further strengthens the foundations of Taiwan-Europe relations. Let us continue to work together to uphold freedom and democracy and foster even more resilient societies. EUDS Special Committee Chair Nathalie Loiseau then delivered remarks, saying that the delegation has members from different countries, including France, Germany, the Czech Republic, Poland, and Belgium, and different political parties, but that they have in common their desire for stronger relations between the EU and Taiwan. Committee Chair Loiseau stated that the EU and Taiwan, having many things in common, should work more together. She noted that we have strong trade relations, strong investments on both sides, and strong cultural relations, while we are also facing very similar challenges and threats. She said that we are democracies living in a world where autocracies want to weaken and divide democracies. She added that we also face external information manipulation, cyberattacks, sabotage, attempts to capture elites, and every single gray-zone activity that aims to divide and weaken us. Committee Chair Loiseau pointed out another commonality, that we have never threatened our neighbors. She said that we want to live in peace and we care about our people; we want to defend ourselves, not to attack others. We are not being threatened because of what we do, she emphasized, but because of what we are; and thus there is no reason for not working more together to face these threats and attacks. Committee Chair Loiseau said that Taiwan has valuable experience and good practices in the area of societal resilience, and that they are interested in learning more about Taiwan’s whole-of-society approach. They in Europe are facing interference, she said, mainly from Russia, and they know that Russia inspires others. She added that they in the EU also have experience regulating social media in a way which combines freedom of expression and responsibility. In closing, the chair said that they are happy to have the opportunity to exchange views with President Lai and that the European Parliament will continue to strongly support relations between the EU and Taiwan. The delegation also included Members of the European Parliament Engin Eroglu, Tomáš Zdechovský, Michał Wawrykiewicz, Kathleen Van Brempt, and Markéta Gregorová.

    Details
    2025-07-17
    President Lai meets President of Guatemalan Congress Nery Abilio Ramos y Ramos  
    On the morning of July 17, President Lai Ching-te met with a delegation led by Nery Abilio Ramos y Ramos, the president of the Congress of the Republic of Guatemala. In remarks, President Lai thanked Congress President Ramos and the Guatemalan Congress for their support for Taiwan, and noted that official diplomatic relations between Taiwan and Guatemala go back more than 90 years. As important partners in the global democratic community, the president said, the two nations will continue moving forward together in joint defense of the values of democracy and freedom, and will cooperate to promote regional and global prosperity and development. A translation of President Lai’s remarks follows:  I recall that when Congress President Ramos visited Taiwan in July last year, he put forward many ideas about how our countries could promote bilateral cooperation and exchanges. Now, a year later, he is leading another cross-party delegation from the Guatemalan Congress on a visit, demonstrating support for Taiwan and continuing to help deepen our diplomatic ties. In addition to extending a sincere welcome to the distinguished delegation members who have traveled so far to be here, I would also like to express our concern and condolences for everyone in Guatemala affected by the earthquake that struck earlier this month. We hope that the recovery effort is going smoothly. Official diplomatic relations between Taiwan and Guatemala go back more than 90 years. In such fields as healthcare, agriculture, education, and women’s empowerment, we have continually strengthened our cooperation to benefit our peoples. Just last month, Guatemala’s President Bernardo Arévalo and the First Lady led a delegation on a state visit to Taiwan. President Arévalo and I signed a letter of intent for semiconductor cooperation, and also witnessed the signing of cooperation documents to establish a political consultation mechanism and continue to promote bilateral investment. This has laid an even sounder foundation for bilateral exchanges and cooperation, and will help enhance both countries’ international competitiveness. Taiwan is currently running a semiconductor vocational training program, helping Guatemala cultivate semiconductor talent and develop its tech industry, and demonstrating our determination to share experience with democratic partners. At the same time, we continue to assist Taiwanese businesses in their efforts to develop overseas markets with Guatemala as an important base, spurring industrial development in both countries and increasing economic and trade benefits. I want to thank Congress President Ramos and the Guatemalan Congress for their continued support for Taiwan’s international participation. Representing the Guatemalan Congress, Congress President Ramos has signed resolutions in support of Taiwan, and has also issued statements addressing China’s misinterpretation of United Nations General Assembly Resolution 2758. Taiwan and Guatemala, as important partners in the global democratic community, will continue moving forward together in joint defense of the values of democracy and freedom, and will cooperate to promote regional and global prosperity and development. Congress President Ramos then delivered remarks, first noting that the members of the delegation are not only from different parties, but also represent different classes, cultures, professions, and departments, which shows that the diplomatic ties between Guatemala and the Republic of China (Taiwan) are based on firm friendships at all levels and in all fields. Noting that this was his second time to visit Taiwan and meet with President Lai, Congress President Ramos thanked the government of Taiwan for its warm hospitality. With the international situation growing more complex by the day, he said, Guatemala highly values its longstanding friendship and cooperative ties with Taiwan, and hopes that both sides can continue to deepen their cooperation in such areas as the economy, technology, education, agriculture, and culture, and work together to spur sustainable development in each of our countries. Congress President Ramos said that the way the Taiwan government looks after the well-being of its people is an excellent model for how other countries should promote national development and social well-being. Accordingly, he said, the Guatemalan Congress has stood for justice and, for a second time, adopted a resolution backing Taiwan’s participation in the World Health Assembly. Regarding President Arévalo’s state visit to Taiwan the previous month, Congress President Ramos commented that this high-level interaction has undoubtedly strengthened the diplomatic ties between Taiwan and Guatemala and led to more opportunities for cooperation. Congress President Ramos emphasized that democracy, freedom, and human rights are universal values that bind Taiwan and Guatemala together, and that he is confident the two countries’ diplomatic ties will continue to grow deeper. In closing, on behalf of the Republic of Guatemala, Congress President Ramos presented President Lai with a Chinese translation of the resolution that the Guatemalan Congress proposed to the UN in support of Taiwan’s participation in international organizations, demonstrating the staunch bonds of friendship between the two countries. The delegation was accompanied to the Presidential Office by Guatemala Ambassador Luis Raúl Estévez López.  

    Details
    2025-07-08
    President Lai meets delegation led by Foreign Minister Jean-Victor Harvel Jean-Baptiste of Republic of Haiti
    On the morning of July 8, President Lai Ching-te met with a delegation led by Minister of Foreign Affairs Jean-Victor Harvel Jean-Baptiste of the Republic of Haiti and his wife. In remarks, President Lai noted that our two countries will soon mark the 70th anniversary of diplomatic relations and that our exchanges have been fruitful in important areas such as public security, educational cooperation, and infrastructure. The president stated that Taiwan will continue to work together with Haiti to promote the development of medical and health care, food security, and construction that benefits people’s livelihoods. The president thanked Haiti for supporting Taiwan’s international participation and expressed hope that both countries will continue to support each other, deepen cooperation, and face various challenges together. A translation of President Lai’s remarks follows: I am delighted to meet and exchange ideas with Minister Jean-Baptiste, his wife, and our distinguished guests. Minister Jean-Baptiste is the highest-ranking official from Haiti to visit Taiwan since former President Jovenel Moïse visited in 2018, demonstrating the importance that the Haitian government attaches to our bilateral diplomatic ties. On behalf of the Republic of China (Taiwan), I extend a sincere welcome. Next year marks the 70th anniversary of the establishment of diplomatic ties between our two countries. Our bilateral exchanges have been fruitful in important areas such as public security, educational cooperation, and infrastructure. Over the past few years, Haiti has faced challenges in such areas as food supply and healthcare. Taiwan will continue to work together with Haiti through various cooperative programs to promote the development of medical and health care, food security, and construction that benefits people’s livelihoods. I want to thank the government of Haiti and Minister Jean-Baptiste for speaking out in support of Taiwan on the international stage for many years. Minister Jean-Baptiste’s personal letter to the World Health Organization Secretariat in May this year and Minister of Public Health and Population Bertrand Sinal’s public statement during the World Health Assembly both affirmed Taiwan’s efforts and contributions to global public health and supported Taiwan’s international participation, for which we are very grateful. I hope that Taiwan and Haiti will continue to support each other and deepen cooperation. I believe that Minister Jean-Baptiste’s visit will open up more opportunities for cooperation for both countries, helping Taiwan and Haiti face various challenges together. In closing, I once again offer a sincere welcome to the delegation led by Minister Jean-Baptiste, and ask him to convey greetings from Taiwan to Prime Minister Alix Didier Fils-Aimé and the members of the Transitional Presidential Council. Minister Jean-Baptiste then delivered remarks, saying that he is extremely honored to visit Taiwan and reaffirm the solid and friendly cooperative relationship based on mutual respect between the Republic of Haiti and the Republic of China (Taiwan), which will soon mark its 70th anniversary. He also brought greetings to President Lai from Haiti’s Transitional Presidential Council and Prime Minister Fils-Aimé. Minister Jean-Baptiste emphasized that over the past few decades, despite the great geographical distance and developmental and cultural differences between our two countries, we have nevertheless established a firm friendship and demonstrated to the world the progress resulting from the mutual assistance and cooperation between our peoples. Minister Jean-Baptiste pointed out that our two countries cooperate closely in agriculture, health, education, and community development and have achieved concrete results. Taiwan’s voice, he said, is thus essential for the people of Haiti. He noted that Taiwan also plays an important role in peace and innovation and actively participates in global cooperative efforts. Pointing out that the world is currently facing significant challenges and that Haiti is experiencing its most difficult period in history, Minister Jean-Baptiste said that at this time, Taiwan and Haiti need to unite, help each other, and jointly think about how to move forward and deepen bilateral relations to benefit the peoples of both countries. Minister Jean-Baptiste said that he is pleased that throughout our solid and friendly diplomatic relationship, both countries have demonstrated mutual trust, mutual respect, and the values we jointly defend. He then stated his belief that Haiti and Taiwan will together create a cooperation model and future that are sincere, friendly, and sustainable. The delegation was accompanied to the Presidential Office by Chargé d’Affaires a.i. Francilien Victorin of the Embassy of the Republic of Haiti in Taiwan.

    Details
    2025-07-01
    President Lai meets delegation from 2025 Taiwan International Ocean Forum
    On the afternoon of July 1, President Lai Ching-te met with a delegation from the 2025 Taiwan International Ocean Forum (TIOF). In remarks, President Lai noted that the people of Taiwan will continue to work with democratic partners throughout the world in a maritime spirit of freedom and openness to contribute to ocean governance and jointly ensure maritime security. He expressed hope that their visit will help forge stronger friendships between Taiwan and international maritime partners, so that all can work together to spur shared maritime prosperity and sustainable development for the next generation. A translation of President Lai’s remarks follows: I want to thank our guests for coming here to the Presidential Office. The 2025 TIOF will take place tomorrow and the day after, and I thank you all for making the long trip to Taiwan to attend the event and share your valuable insights and experiences. This year’s forum will focus on strategies for strengthening maritime security and pathways to achieving a sustainable blue economy. By attending this forum, our guests are highlighting their commitment to safeguarding the oceans, and beyond that, taking concrete action to demonstrate support for Taiwan. I once again offer deepest gratitude on behalf of the people of Taiwan. Taiwan holds a key position on the first island chain, is one of the world’s top 10 shipping nations, and accounts for close to 10 percent of global container shipping by volume. As such, Taiwan occupies a unique and important position in maritime strategy. For Taiwan, the ocean is more than just a basis for survival and development; it is also an important driver of national prosperity. In my inaugural address last year, I spoke of a threefold approach to further Taiwan’s development. One of these involves further developing our strengths as a maritime nation. Our government must actively help deepen our connections with the ocean, and must continue to promote green shipping, a sustainable fishing industry, marine renewable energy, and other forms of industrial transformation. It must also make use of marine technology and digital innovation to create a new paradigm that balances environmental, economic, and social inclusion concerns. This will help enhance Taiwan’s responsibilities and competitiveness as a maritime nation. Taiwan is surrounded by ocean, and our territorial waters are a natural protective barrier. However, continued gray-zone aggression from China creates serious threats and challenges to peace and stability in the Taiwan Strait. Our government continues to invest resources to deal with increasingly complex maritime security issues. In addition to building coast guard patrol vessels, we must also step up efforts to build underwater, surface, and airborne unmanned vehicles and smart reconnaissance equipment, so as to demonstrate Taiwan’s determination to defend democracy and freedom and commitment to maintaining peace and stability in the Taiwan Strait. Oceans are Taiwan’s roots, and provide the channels by which we engage with the world. The people of Taiwan will continue to work with democratic partners throughout the world in a maritime spirit of freedom and openness to contribute to ocean governance and jointly ensure maritime security. The TIOF was first launched in 2020, and has now become an important platform for enhancement of cooperation between Taiwan and other countries. I hope that our distinguished guests will reap great benefits at this year’s forum, and further hope that this visit will help forge stronger friendships between Taiwan and international maritime partners, so that all can work together to spur shared maritime prosperity and sustainable development for the next generation. Chairman of The Washington Times Thomas McDevitt, a member of the delegation, then delivered remarks, noting first that July 4th, this Friday, is Independence Day in America. Independence is a sacred, powerful word which has great meaning in this part of the world, he said. Chairman McDevitt indicated that Taiwan has truly become a global beacon of democracy and a key partner for many nations. He then quoted President Lai’s 2024 inaugural address: “We will work together to combat disinformation, strengthen democratic resilience, address challenges, and allow Taiwan to become the MVP of the democratic world.” Chairman McDevitt went on to say that he appreciated the president’s speech with regard to his philosophical depth, sensitivity, and both moral and political clarity. He said that he was deeply moved by the speech, but within a few days of it, China responded with military activities and many threats. The chairman then emphasized that we are in a civilization crisis. Chairman McDevitt mentioned that President Lai has begun a series of 10 lectures, and remarked that they would help the world to understand the identity and the nature of Taiwan, as well as the situation we are in in the world. On behalf of all the delegation, Chairman McDevitt thanked the president for his leadership in dealing with these issues thoughtfully. Chairman McDevitt concluded with a line from the Old Testament which states that if the people have no vision, they will perish. He said that he believes Taiwan’s president has led the people of Taiwan, and the world, with a vision of how to navigate this great civilization crisis together. The delegation also included Members of the Japanese House of Representatives Kikawada Hitoshi, Aoyama Yamato, and Genma Kentaro, and Member of Parliament of the United Kingdom Gavin Williamson.

    Details
    2025-06-30
    President Lai meets Minister of State at UK Department for Business and Trade Douglas Alexander  
    On the morning of June 30, President Lai Ching-te met with Douglas Alexander, Minister of State at the Department for Business and Trade of the United Kingdom. In remarks, President Lai thanked the UK government for its longstanding support for peace and stability across the Taiwan Strait, demonstrating that Taiwan and the UK share similar goals. Noting that two years ago, Taiwan and the UK signed an enhanced trade partnership (ETP) arrangement, the president said that today Taiwan and the UK have signed three pillars under the ETP, which will help promote bilateral economic and trade cooperation. He expressed hope of the UK publicly supporting Taiwan’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) so that together we can create an economic and trade landscape in the Indo-Pacific characterized by shared prosperity and development. A translation of President Lai’s remarks follows: First, on behalf of the people of Taiwan, I extend a warm welcome to Minister Alexander and wish a fruitful outcome for the 27th round of Taiwan-UK trade talks later today. Taiwan-UK relations have grown closer in recent years. We have not only continued to strengthen cooperation in such fields as offshore wind power, innovative technologies, and culture and education but also have established regular dialogue mechanisms in the critical areas of economics and trade, energy, and agriculture. The UK is currently Taiwan’s fourth-largest European trading partner, second-largest source of investment from Europe, and third-largest target for investment in Europe. Two years ago, Taiwan and the UK signed an ETP arrangement. This was particularly meaningful, as it was the first institutionalized economic and trade framework between Taiwan and a European country. Today, this arrangement is yielding further results. I am delighted that Taiwan and the UK have signed three pillars under the ETP covering investment, digital trade, and energy and net-zero. This will help promote bilateral economic and trade cooperation and advance industrial development on both sides. I also want to thank the UK government for its longstanding support for peace and stability across the Taiwan Strait. This month, the UK published its Strategic Defence Review 2025 and National Security Strategy 2025, which oppose any unilateral attempts to change the status quo across the Taiwan Strait. These not only demonstrate that Taiwan and the UK share similar goals but also show that security and prosperity in the Indo-Pacific region are inseparable from those of the transatlantic regions. In addition, last November, the House of Commons passed a motion which made clear that United Nations General Assembly (UNGA) Resolution 2758 neither established the sovereignty of the People’s Republic of China over Taiwan nor determined Taiwan’s status in the United Nations. The UK government also responded to the motion by publicly expressing for the first time its position on UNGA Resolution 2758, opposing any attempt to broaden the interpretation of the resolution to rewrite history. For this, on behalf of the people of Taiwan, I once again want to extend my deepest gratitude. Taiwan and the UK have the advantage of being highly complementary in the technology sector. In facing the restructuring of global supply chains and other international economic and trade developments, I believe that Taiwan and the UK are indispensable key partners for one another. I look forward to the UK publicly supporting Taiwan’s accession to the CPTPP so that together, we can create an economic and trade landscape in the Indo-Pacific characterized by shared prosperity and development. In closing, I wish Minister Alexander a pleasant and successful visit. And I hope he has the opportunity to visit Taiwan for personal travel in the future. Minister Alexander then delivered remarks, saying that it is a great personal honor to meet with everyone today to discuss further deepening the UK-Taiwan trade relationship and explore the many opportunities our two sides can pursue together. He mentioned that he traveled to Taiwan in 2022 when he was a private citizen, a visit he thoroughly enjoyed, so he is delighted to be back to see the strength of the UK-Taiwan relationship and the strengthening of that relationship. He said that relationship is built on mutual respect, democratic values, and a shared vision for open, resilient, and rules-based economic cooperation. As like-minded partners, he pointed out, our collaboration continues to grow across multiple sectors, and he is here today to further that momentum. Minister Alexander stated that on trade and investment, he is proud that this morning we signed the ETP Pillars on Investment, Digital Trade, Energy and Net Zero, which will provide a clear framework for our future cooperation and lay the foundation for expanded access and market-shaping engagement between our two economies. The minister said he believes that together with our annual trade talks, this partnership will help UK’s firms secure new commercial opportunities, improve regulatory alignment, and promote long-term investment in key growth areas, which in turn will also support Taiwan’s efforts to expand high-quality trade relationships with trusted partners. Minister Alexander said that President Lai’s promotion of the Five Trusted Industry Sectors and the UK’s recently published industrial and trade strategies are very well-aligned, as both cover clean energy and semiconductors as well as advanced manufacturing. He then provided an example, saying that both sides plan to invest in AI infrastructure and compute power-creating opportunities for great joint research in the future. By combining our strengths in these areas, he said, we can open the door to innovative collaboration and commercial success for both sides. He mentioned that yesterday he visited the Taiwan Space Agency, commenting that in sectors such as satellite technology, green energy, and cyber security, British expertise and trusted standards can provide meaningful solutions. Noting that President Lai spoke in his remarks of the broader challenge of peace and security in the region, Minister Alexander stated that the United Kingdom has, of course, also continued to affirm its commitment to peace and stability in the Taiwan Strait, along with its G7 partners. The UK-Taiwan relationship is strategic, enduring, and growing, he stated, and they reaffirm and remain firm in their longstanding position and confident in their ability to work together to support both prosperity and resilience in both of our societies. Minister Alexander said that, as Taiwan looks to diversify capital and build global partnerships, they believe the UK represents a strong and ambitious investment destination, particularly for Taiwanese companies at the very forefront of robotics, clean tech, and advanced industry. He pointed out that the UK’s markets are stable, open, and aligned with Taiwan’s vision of a high-tech, sustainable future, adding that he looks forward to our discussion on how we can further deepen our cooperation across all of these areas and more. The delegation also included Martin Kent, His Majesty’s Trade Commissioner for Asia Pacific at the UK Department for Business and Trade. The delegation was accompanied to the Presidential Office by British Office Taipei Representative Ruth Bradley-Jones.   

    Details
    2025-05-20
    President Lai interviewed by Nippon Television and Yomiuri TV
    In a recent interview on Nippon Television’s news zero program, President Lai Ching-te responded to questions from host Mr. Sakurai Sho and Yomiuri TV Shanghai Bureau Chief Watanabe Masayo on topics including reflections on his first year in office, cross-strait relations, China’s military threats, Taiwan-United States relations, and Taiwan-Japan relations. The interview was broadcast on the evening of May 19. During the interview, President Lai stated that China intends to change the world’s rules-based international order, and that if Taiwan were invaded, global supply chains would be disrupted. Therefore, he said, Taiwan will strengthen its national defense, prevent war by preparing for war, and achieve the goal of peace. The president also noted that Taiwan’s purpose for developing drones is based on national security and industrial needs, and that Taiwan hopes to collaborate with Japan. He then reiterated that China’s threats are an international problem, and expressed hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war. Following is the text of the questions and the president’s responses: Q: How do you feel as you are about to round out your first year in office? President Lai: When I was young, I was determined to practice medicine and save lives. When I left medicine to go into politics, I was determined to transform Taiwan. And when I was sworn in as president on May 20 last year, I was determined to strengthen the nation. Time flies, and it has already been a year. Although the process has been very challenging, I am deeply honored to be a part of it. I am also profoundly grateful to our citizens for allowing me the opportunity to give back to our country. The future will certainly be full of more challenges, but I will do everything I can to unite the people and continue strengthening the nation. That is how I am feeling now. Q: We are now coming up on the 80th anniversary of the end of World War II, and over this period, we have often heard that conflict between Taiwan and the mainland is imminent. Do you personally believe that a cross-strait conflict could happen? President Lai: The international community is very much aware that China intends to replace the US and change the world’s rules-based international order, and annexing Taiwan is just the first step. So, as China’s military power grows stronger, some members of the international community are naturally on edge about whether a cross-strait conflict will break out. The international community must certainly do everything in its power to avoid a conflict in the Taiwan Strait; there is too great a cost. Besides causing direct disasters to both Taiwan and China, the impact on the global economy would be even greater, with estimated losses of US$10 trillion from war alone – that is roughly 10 percent of the global GDP. Additionally, 20 percent of global shipping passes through the Taiwan Strait and surrounding waters, so if a conflict breaks out in the strait, other countries including Japan and Korea would suffer a grave impact. For Japan and Korea, a quarter of external transit passes through the Taiwan Strait and surrounding waters, and a third of the various energy resources and minerals shipped back from other countries pass through said areas. If Taiwan were invaded, global supply chains would be disrupted, and therefore conflict in the Taiwan Strait must be avoided. Such a conflict is indeed avoidable. I am very thankful to Prime Minister of Japan Ishiba Shigeru and former Prime Ministers Abe Shinzo, Suga Yoshihide, and Kishida Fumio, as well as US President Donald Trump and former President Joe Biden, and the other G7 leaders, for continuing to emphasize at international venues that peace and stability across the Taiwan Strait are essential components for global security and prosperity. When everyone in the global democratic community works together, stacking up enough strength to make China’s objectives unattainable or to make the cost of invading Taiwan too high for it to bear, a conflict in the strait can naturally be avoided. Q: As you said, President Lai, maintaining peace and stability across the Taiwan Strait is also very important for other countries. How can war be avoided? What sort of countermeasures is Taiwan prepared to take to prevent war? President Lai: As Mr. Sakurai mentioned earlier, we are coming up on the 80th anniversary of the end of WWII. There are many lessons we can take from that war. First is that peace is priceless, and war has no winners. From the tragedies of WWII, there are lessons that humanity should learn. We must pursue peace, and not start wars blindly, as that would be a major disaster for humanity. In other words, we must be determined to safeguard peace. The second lesson is that we cannot be complacent toward authoritarian powers. If you give them an inch, they will take a mile. They will keep growing, and eventually, not only will peace be unattainable, but war will be inevitable. The third lesson is why WWII ended: It ended because different groups joined together in solidarity. Taiwan, Japan, and the Indo-Pacific region are all directly subjected to China’s threats, so we hope to be able to join together in cooperation. This is why we proposed the Four Pillars of Peace action plan. First, we will strengthen our national defense. Second, we will strengthen economic resilience. Third is standing shoulder to shoulder with the democratic community to demonstrate the strength of deterrence. Fourth is that as long as China treats Taiwan with parity and dignity, Taiwan is willing to conduct exchanges and cooperate with China, and seek peace and mutual prosperity. These four pillars can help us avoid war and achieve peace. That is to say, Taiwan hopes to achieve peace through strength, prevent war by preparing for war, keeping war from happening and pursuing the goal of peace. Q: Regarding drones, everyone knows that recently, Taiwan has been actively researching, developing, and introducing drones. Why do you need to actively research, develop, and introduce new drones at this time? President Lai: This is for two purposes. The first is to meet national security needs. The second is to meet industrial development needs. Because Taiwan, Japan, and the Philippines are all part of the first island chain, and we are all democratic nations, we cannot be like an authoritarian country like China, which has an unlimited national defense budget. In this kind of situation, island nations such as Taiwan, Japan, and the Philippines should leverage their own technologies to develop national defense methods that are asymmetric and utilize unmanned vehicles. In particular, from the Russo-Ukrainian War, we see that Ukraine has successfully utilized unmanned vehicles to protect itself and prevent Russia from unlimited invasion. In other words, the Russo-Ukrainian War has already proven the importance of drones. Therefore, the first purpose of developing drones is based on national security needs. Second, the world has already entered the era of smart technology. Whether generative, agentic, or physical, AI will continue to develop. In the future, cars and ships will also evolve into unmanned vehicles and unmanned boats, and there will be unmanned factories. Drones will even be able to assist with postal deliveries, or services like Uber, Uber Eats, and foodpanda, or agricultural irrigation and pesticide spraying. Therefore, in the future era of comprehensive smart technology, developing unmanned vehicles is a necessity. Taiwan, based on industrial needs, is actively planning the development of drones and unmanned vehicles. I would like to take this opportunity to express Taiwan’s hope to collaborate with Japan in the unmanned vehicle industry. Just as we do in the semiconductor industry, where Japan has raw materials, equipment, and technology, and Taiwan has wafer manufacturing, our two countries can cooperate. Japan is a technological power, and Taiwan also has significant technological strengths. If Taiwan and Japan work together, we will not only be able to safeguard peace and stability in the Taiwan Strait and security in the Indo-Pacific region, but it will also be very helpful for the industrial development of both countries. Q: The drones you just described probably include examples from the Russo-Ukrainian War. Taiwan and China are separated by the Taiwan Strait. Do our drones need to have cross-sea flight capabilities? President Lai: Taiwan does not intend to counterattack the mainland, and does not intend to invade any country. Taiwan’s drones are meant to protect our own nation and territory. Q: Former President Biden previously stated that US forces would assist Taiwan’s defense in the event of an attack. President Trump, however, has yet to clearly state that the US would help defend Taiwan. Do you think that in such an event, the US would help defend Taiwan? Or is Taiwan now trying to persuade the US? President Lai: Former President Biden and President Trump have answered questions from reporters. Although their responses were different, strong cooperation with Taiwan under the Biden administration has continued under the Trump administration; there has been no change. During President Trump’s first term, cooperation with Taiwan was broader and deeper compared to former President Barack Obama’s terms. After former President Biden took office, cooperation with Taiwan increased compared to President Trump’s first term. Now, during President Trump’s second term, cooperation with Taiwan is even greater than under former President Biden. Taiwan-US cooperation continues to grow stronger, and has not changed just because President Trump and former President Biden gave different responses to reporters. Furthermore, the Trump administration publicly stated that in the future, the US will shift its strategic focus from Europe to the Indo-Pacific. The US secretary of defense even publicly stated that the primary mission of the US is to prevent China from invading Taiwan, maintain stability in the Indo-Pacific, and thus maintain world peace. There is a saying in Taiwan that goes, “Help comes most to those who help themselves.” Before asking friends and allies for assistance in facing threats from China, Taiwan must first be determined and prepared to defend itself. This is Taiwan’s principle, and we are working in this direction, making all the necessary preparations to safeguard the nation. Q: I would like to ask you a question about Taiwan-Japan relations. After the Great East Japan Earthquake in 2011, you made an appeal to give Japan a great deal of assistance and care. In particular, you visited Sendai to offer condolences. Later, you also expressed condolences and concern after the earthquakes in Aomori and Kumamoto. What are your expectations for future Taiwan-Japan exchanges and development? President Lai: I come from Tainan, and my constituency is in Tainan. Tainan has very deep ties with Japan, and of course, Taiwan also has deep ties with Japan. However, among Taiwan’s 22 counties and cities, Tainan has the deepest relationship with Japan. I sincerely hope that both of you and your teams will have an opportunity to visit Tainan. I will introduce Tainan’s scenery, including architecture from the era of Japanese rule, Tainan’s cuisine, and unique aspects of Tainan society, and you can also see lifestyles and culture from the Showa era.  The Wushantou Reservoir in Tainan was completed by engineer Mr. Hatta Yoichi from Kanazawa, Japan and the team he led to Tainan after he graduated from then-Tokyo Imperial University. It has nearly a century of history and is still in use today. This reservoir, along with the 16,000-km-long Chianan Canal, transformed the 150,000-hectare Chianan Plain into Taiwan’s premier rice-growing area. It was that foundation in agriculture that enabled Taiwan to develop industry and the technology sector of today. The reservoir continues to supply water to Tainan Science Park. It is used by residents of Tainan, the agricultural sector, and industry, and even the technology sector in Xinshi Industrial Park, as well as Taiwan Semiconductor Manufacturing Company. Because of this, the people of Tainan are deeply grateful for Mr. Hatta and very friendly toward the people of Japan. A major earthquake, the largest in 50 years, struck Tainan on February 6, 2016, resulting in significant casualties. As mayor of Tainan at the time, I was extremely grateful to then-Prime Minister Abe, who sent five Japanese officials to the disaster site in Tainan the day after the earthquake. They were very thoughtful and asked what kind of assistance we needed from the Japanese government. They offered to provide help based on what we needed. I was deeply moved, as former Prime Minister Abe showed such care, going beyond the formality of just sending supplies that we may or may not have actually needed. Instead, the officials asked what we needed and then provided assistance based on those needs, which really moved me. Similarly, when the Great East Japan Earthquake of 2011 or the later Kumamoto earthquakes struck, the people of Tainan, under my leadership, naturally and dutifully expressed their support. Even earlier, when central Taiwan was hit by a major earthquake in 1999, Japan was the first country to deploy a rescue team to the disaster area. On February 6, 2018, after a major earthquake in Hualien, former Prime Minister Abe appeared in a video holding up a message of encouragement he had written in calligraphy saying “Remain strong, Taiwan.” All of Taiwan was deeply moved. Over the years, Taiwan and Japan have supported each other when earthquakes struck, and have forged bonds that are family-like, not just neighborly. This is truly valuable. In the future, I hope Taiwan and Japan can be like brothers, and that the peoples of Taiwan and Japan can treat one another like family. If Taiwan has a problem, then Japan has a problem; if Japan has a problem, then Taiwan has a problem. By caring for and helping each other, we can face various challenges and difficulties, and pursue a brighter future. Q: President Lai, you just used the phrase “If Taiwan has a problem, then Japan has a problem.” In the event that China attempts to invade Taiwan by force, what kind of response measures would you hope the US military and Japan’s Self-Defense Forces take? President Lai: As I just mentioned, annexing Taiwan is only China’s first step. Its ultimate objective is to change the rules-based international order. That being the case, China’s threats are an international problem. So, I would very much hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war – prevention, after all, is more important than cure.

    MIL OSI Asia Pacific News –

    July 22, 2025
  • MIL-OSI: Recording of LHV Group’s 22 July investor webinar

    Source: GlobeNewswire (MIL-OSI)

    To give an overview of the 2025 Q2 financial results, LHV Group organised an investor meeting webinar on 22 July. An overview of the company’s progress was given by Madis Toomsalu, former Chairman of the Management Board of LHV Group, Mihkel Torim, Chairman of the Management Board of LHV Group, and Meelis Paakspuu, CFO of LHV Group.

    The live coverage was followed by 32 participants, the live feed of the presentation was broadcast over Zoom.

    Recording of the investor meeting (in Estonian) is available at: https://www.youtube.com/watch?v=4HRsdcw4O_c

    Presentation (in English) at: www.lhv.ee/assets/files/investor/LHV_Group_Investoresitlus_2025-Q2_EN.pdf

    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 1,100 people. As at the end of June, LHV Pank services are being used by 474,000 clients, the pension funds managed by LHV have 110,000 active clients, and LHV Kindlustus protects a total of 176,000 clients. LHV Bank Limited, a subsidiary of the Group, holds a banking licence in the United Kingdom and provides banking services to international financial technology companies, as well as loans to small and medium-sized enterprises.

     

    Investor Relations

    Sten Hans Jakobsoo
    Head of Investor Relations and Corporate Development
    Email: stenhans.jakobsoo@lhv.ee

    Communications

    Paul Pihlak
    Head of Investment Communications
    Email: paul.pihlak@lhv.ee 

    The MIL Network –

    July 22, 2025
  • MIL-OSI: Bitcoin Solaris Announces Final Genesis Event Offering: $1 Token Price for Last 100 Participants

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, July 22, 2025 (GLOBE NEWSWIRE) — Every altcoin season brings surprises. Some coins pump on pure hype. Others, like Bitcoin Solaris, are building real momentum by delivering on tech, scalability, and accessibility. The crypto market is once again heating up with investors racing to secure what could be the next big success story. Unlike overhyped projects riding temporary waves, Bitcoin Solaris has built its case on solid fundamentals. Its Genesis Event is currently rolling back the price from $13 to just $1 for a very short time, giving early investors a shot at a 1900% ROI before launch.

    With just 100 slots left, this is the kind of opportunity that feels like Bitcoin’s early days repeating themselves, but with modern tech, faster performance, and mobile-first accessibility at the heart of its offering. This is why so many crypto enthusiasts are now focusing on BTC-S as their top altcoin pick for serious long-term potential.

    Bitcoin Solaris: A Scalable, Mobile-First Future for Wealth Generation

    Bitcoin Solaris is not just another altcoin chasing trends. Its core technology is designed to solve the issues Bitcoin never could. Through its dual-consensus architecture, Bitcoin Solaris offers 10,000+ transactions per second, validator rotation for fairness and security, and energy efficiency 99.95% greater than traditional mining. Its mobile-first scalability through the upcoming Solaris Nova app ensures mass adoption potential by letting users mine easily from any device.

    These fundamentals make BTC-S more than hype. They make it a realistic contender for significant growth, offering everyday users new ways to build wealth through mining, transactions, and adoption.

    Presale Momentum: Only Few Slots Left at $1

    Bitcoin Solaris is now deep into its final presale phase, phase 13.

    • Current Price: $13
    • Launch Price: $20

    Over $7.7M has been raised. 15,800+ unique users have joined. This is already one of the most explosive presales on record. But what is truly making waves is the Genesis Event rollback. For a very limited time, BTC-S is rolling back from $13 to just $1 for the final 100 participants.

    Genesis Event Key Details:

    • Rollback to $1 instead of $13
    • Potential ROI of 1900% at launch
    • Only around 1 week left

    This is not labeled as a discount or bonus. It is a rare opportunity for those who move fast enough to secure it.

    Wallets like Trust Wallet and Metamask are recommended for receiving your tokens smoothly at launch.

    Forget Hype, Bitcoin Solaris Is Backed by Real Tech and Real Growth

    Influencers Are Talking

    The buzz around Bitcoin Solaris is growing fast. Multiple influencers have already taken notice.

    • Token Empire praised the scalability and dual-consensus model.
    • Crypto Vlog highlighted the mobile-first mining and high TPS.
    • Token Galaxy focused on how BTC-S could mirror Bitcoin’s early wealth potential.

    These are not throwaway reviews. These influencers are focused on fundamentals, and Bitcoin Solaris is delivering.

    Why Bitcoin Solaris Has the Community Excited

    Bitcoin Solaris offers more than speculation. Its foundation includes:

    • Energy-efficient mining
    • Dual-layer consensus for scalability and security
    • Smart contracts for DeFi adoption
    • 10,000+ TPS for real-world use
    • Mobile-first approach via the upcoming Solaris Nova app

    These features make it a standout in an increasingly crowded space.

    Liquid Staking Brings Passive Income With Flexibility

    Bitcoin Solaris is innovating beyond mining through its liquid staking model. Users earn rewards while maintaining full access to their assets through sBTC-S tokens (1:1). These tokens can be used in DeFi, traded, or held without restrictions.

    Benefits of liquid staking:

    • Earn rewards while keeping liquidity
    • sBTC-S tokens fully usable in DeFi platforms
    • Supports network strength through increased staking
    • Fully integrated with the Solaris Nova App and its smart validator system

    Learn more about this system at Bitcoin Solaris Liquid Staking.

    Final Verdict: Bitcoin Solaris Is the Opportunity

    Bitcoin Solaris is positioning itself as more than just another altcoin. With its advanced dual-consensus model, energy efficiency, and 10,000+ TPS scalability, BTC-S is built for real-world adoption while giving users easy access through mobile mining and DeFi. The project’s strategic rollout and growing user base show strong momentum heading into launch.

    This is not about guessing the next meme coin. Bitcoin Solaris offers a realistic pathway to wealth creation through technology, accessibility, and scalability. The fact that only 100 slots remain at $1 adds urgency to what is already one of the most talked-about opportunities in the altcoin space right now. If you missed Bitcoin’s early days or watched other projects 10x without you, this could be the moment to finally change that narrative.

    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 content 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/b6db7fef-96ce-4418-9b44-5b74ae312406

    https://www.globenewswire.com/NewsRoom/AttachmentNg/cb9de2a0-74ca-4b37-b92e-0168c95ee4f9

    https://www.globenewswire.com/NewsRoom/AttachmentNg/166fbb5e-2dc6-4672-94a2-44c0bbbe42cb

    https://www.globenewswire.com/NewsRoom/AttachmentNg/b638ca37-b486-438b-9011-6495e84c60d0

    The MIL Network –

    July 22, 2025
  • MIL-OSI: Bitcoin Solaris Announces Final Genesis Event Offering: $1 Token Price for Last 100 Participants

    Source: GlobeNewswire (MIL-OSI)

    TALLINN, Estonia, July 22, 2025 (GLOBE NEWSWIRE) — Every altcoin season brings surprises. Some coins pump on pure hype. Others, like Bitcoin Solaris, are building real momentum by delivering on tech, scalability, and accessibility. The crypto market is once again heating up with investors racing to secure what could be the next big success story. Unlike overhyped projects riding temporary waves, Bitcoin Solaris has built its case on solid fundamentals. Its Genesis Event is currently rolling back the price from $13 to just $1 for a very short time, giving early investors a shot at a 1900% ROI before launch.

    With just 100 slots left, this is the kind of opportunity that feels like Bitcoin’s early days repeating themselves, but with modern tech, faster performance, and mobile-first accessibility at the heart of its offering. This is why so many crypto enthusiasts are now focusing on BTC-S as their top altcoin pick for serious long-term potential.

    Bitcoin Solaris: A Scalable, Mobile-First Future for Wealth Generation

    Bitcoin Solaris is not just another altcoin chasing trends. Its core technology is designed to solve the issues Bitcoin never could. Through its dual-consensus architecture, Bitcoin Solaris offers 10,000+ transactions per second, validator rotation for fairness and security, and energy efficiency 99.95% greater than traditional mining. Its mobile-first scalability through the upcoming Solaris Nova app ensures mass adoption potential by letting users mine easily from any device.

    These fundamentals make BTC-S more than hype. They make it a realistic contender for significant growth, offering everyday users new ways to build wealth through mining, transactions, and adoption.

    Presale Momentum: Only Few Slots Left at $1

    Bitcoin Solaris is now deep into its final presale phase, phase 13.

    • Current Price: $13
    • Launch Price: $20

    Over $7.7M has been raised. 15,800+ unique users have joined. This is already one of the most explosive presales on record. But what is truly making waves is the Genesis Event rollback. For a very limited time, BTC-S is rolling back from $13 to just $1 for the final 100 participants.

    Genesis Event Key Details:

    • Rollback to $1 instead of $13
    • Potential ROI of 1900% at launch
    • Only around 1 week left

    This is not labeled as a discount or bonus. It is a rare opportunity for those who move fast enough to secure it.

    Wallets like Trust Wallet and Metamask are recommended for receiving your tokens smoothly at launch.

    Forget Hype, Bitcoin Solaris Is Backed by Real Tech and Real Growth

    Influencers Are Talking

    The buzz around Bitcoin Solaris is growing fast. Multiple influencers have already taken notice.

    • Token Empire praised the scalability and dual-consensus model.
    • Crypto Vlog highlighted the mobile-first mining and high TPS.
    • Token Galaxy focused on how BTC-S could mirror Bitcoin’s early wealth potential.

    These are not throwaway reviews. These influencers are focused on fundamentals, and Bitcoin Solaris is delivering.

    Why Bitcoin Solaris Has the Community Excited

    Bitcoin Solaris offers more than speculation. Its foundation includes:

    • Energy-efficient mining
    • Dual-layer consensus for scalability and security
    • Smart contracts for DeFi adoption
    • 10,000+ TPS for real-world use
    • Mobile-first approach via the upcoming Solaris Nova app

    These features make it a standout in an increasingly crowded space.

    Liquid Staking Brings Passive Income With Flexibility

    Bitcoin Solaris is innovating beyond mining through its liquid staking model. Users earn rewards while maintaining full access to their assets through sBTC-S tokens (1:1). These tokens can be used in DeFi, traded, or held without restrictions.

    Benefits of liquid staking:

    • Earn rewards while keeping liquidity
    • sBTC-S tokens fully usable in DeFi platforms
    • Supports network strength through increased staking
    • Fully integrated with the Solaris Nova App and its smart validator system

    Learn more about this system at Bitcoin Solaris Liquid Staking.

    Final Verdict: Bitcoin Solaris Is the Opportunity

    Bitcoin Solaris is positioning itself as more than just another altcoin. With its advanced dual-consensus model, energy efficiency, and 10,000+ TPS scalability, BTC-S is built for real-world adoption while giving users easy access through mobile mining and DeFi. The project’s strategic rollout and growing user base show strong momentum heading into launch.

    This is not about guessing the next meme coin. Bitcoin Solaris offers a realistic pathway to wealth creation through technology, accessibility, and scalability. The fact that only 100 slots remain at $1 adds urgency to what is already one of the most talked-about opportunities in the altcoin space right now. If you missed Bitcoin’s early days or watched other projects 10x without you, this could be the moment to finally change that narrative.

    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 content 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/b6db7fef-96ce-4418-9b44-5b74ae312406

    https://www.globenewswire.com/NewsRoom/AttachmentNg/cb9de2a0-74ca-4b37-b92e-0168c95ee4f9

    https://www.globenewswire.com/NewsRoom/AttachmentNg/166fbb5e-2dc6-4672-94a2-44c0bbbe42cb

    https://www.globenewswire.com/NewsRoom/AttachmentNg/b638ca37-b486-438b-9011-6495e84c60d0

    The MIL Network –

    July 22, 2025
  • MIL-OSI Europe: Written question – Council position on the Sevilla Platform for Action and related initiatives – E-002857/2025

    Source: European Parliament

    Question for written answer  E-002857/2025
    to the Council
    Rule 144
    Fabio De Masi (NI)

    In the context of the recent Sevilla Platform for Action (SPA), which was presented at the United Nations’ fourth International Conference on Financing for Development, Brazil and Spain have proposed a project to establish an effective system of international tax cooperation. The project aims to enable the effective taxation of high-net-worth individuals by improving information sharing and establishing a global wealth registry. Notably, South Africa has recently joined this platform.

    Given the significant implications that this and similar initiatives have for advancing redistributive justice:

    • 1.Is this initiative supported by the Council and the Member States?
    • 2.What specific measures inspired by the SPA or related initiatives are currently being debated (or have been debated this year) by the Council?
    • 3.What concrete steps is the Council planning to take to promote international tax cooperation in this context?

    Submitted: 14.7.2025

    Last updated: 22 July 2025

    MIL OSI Europe News –

    July 22, 2025
  • MIL-OSI Europe: Written question – Compliance of EDF funding of Intracom Defense with Regulation (EU) 2021/697 – E-002865/2025

    Source: European Parliament

    Question for written answer  E-002865/2025
    to the Commission
    Rule 144
    Danilo Della Valle (The Left), Marc Botenga (The Left), Mounir Satouri (Verts/ALE), Cristina Guarda (Verts/ALE), Gaetano Pedulla’ (The Left), Maria Zacharia (NI), Cecilia Strada (S&D), Pasquale Tridico (The Left), Rudi Kennes (The Left), Branislav Ondruš (NI), Dario Tamburrano (The Left), Elisabeth Grossmann (S&D), Rima Hassan (The Left), Michael von der Schulenburg (NI), Irene Montero (The Left), Catarina Martins (The Left), Emma Fourreau (The Left)

    According to an international investigation by Investigate Europe, the Greek company Intracom Defense – the beneficiary of around EUR 14 million from the European Defence Fund (EDF) for the ACTUS drone project – is reportedly 95 % owned by the Israeli state-owned arms manufacturer Israel Aerospace Industries (IAI), which is allegedly involved in the ongoing military operations in Gaza. Intracom’s financial reports indicate that IAI not only owns 95 % of its share capital but also holds 100 % of its voting rights. On 16 May 2024, Intracom announced its participation in three additional EDF-funded projects.

    Under Articles 10, 12 and 22 of Regulation (EU) 2021/697[1] establishing the EDF, entities controlled by non-EU countries may access funding only under strict safeguards, ensuring no unauthorised control, access, or transfer of project results to non-EU actors. The regulation also requires compliance with ethical standards, international law and fundamental rights.

    Given these concerns, can the Commission clarify:

    • 1.whether awarding EDF funding to a company under full control of a non-EU defence entity like IAI is compatible with Regulation (EU) 2021/697?
    • 2.whether it has conducted and documented a risk assessment excluding the possibility of direct or indirect transfer of EDF-funded results to the Israeli Government?
    • 3.whether it intends to open an investigation to verify compliance with regulatory and ethical obligations?

    Submitted: 14.7.2025

    • [1] Regulation (EU) 2021/697 of the European Parliament and of the Council of 29 April 2021 establishing the European Defence Fund (OJ L 170, 12.5.2021, p. 149, ELI: http://data.europa.eu/eli/reg/2021/697/oj).

    MIL OSI Europe News –

    July 22, 2025
  • MIL-OSI: BlockchainCloudMining Launches Stable Yield Contract for XRP Holders, Earning Over $7,700 a Day

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, July 22, 2025 (GLOBE NEWSWIRE) — In a major step forward for digital asset utility, BlockchainCloudMining has officially launched its next-generation cloud mining platform, specifically optimized for XRP holders. As cryptocurrency markets begin to rebound, this platform offers investors a powerful new tool to turn dormant holdings into daily passive income—with some contracts yielding returns of over $7,700 per day.

    In the past few years, Ripple (XRP), as a star currency in international payment scenarios, has millions of holders around the world. Although its transaction speed and handling fee advantages are widely recognized, most investors are still trapped in the passive strategy of “buy-hold-wait and see”. Now, a more operational and closer to real-world benefits is becoming popular: use XRP to directly participate in cloud mining and let digital assets “work” for you every day.

    Innovative model: Blockchain cloud mining wealth is growing steadily

    BlockchainCloudMining is an innovative technology company headquartered in London, UK, focusing on providing multi-currency cloud mining solutions to users around the world. Compared with the traditional “self-purchased mining machines, self-built computer rooms, and self-managed computing power”, the platform has built a low-threshold and high-yield model of “invest and mine immediately” for users, which is particularly suitable for highly liquid crypto assets such as XRP.

    The advantages of the BlockchainCloudMining platform are as follows:

    ⦁ Register to get an instant reward of $12.
    ⦁ High profit level and daily dividends.
    ⦁ No other service fees or management fees.
    ⦁ The platform supports more than 9 cryptocurrency settlements, such as DOGE, BTC, ETH, SOL, USDC, USDT, XRP, LTC, and BCH.
    ⦁ The company’s affiliate program allows you to recommend friends and get up to $50,000 in referral bonuses.
    ⦁ McAfee® security. Cloudflare® security. 100% uptime guarantee and excellent 24/7 manual online technical support.

    How to use BlockchainCloudMining to easily earn daily income?

    Step 1: Register an account
    You can register an account by entering your email address and setting a platform login password. After registration, you will receive a $12 registration bonus, which can be used to purchase a $12 contract with a daily income of $0.6. This plan provides users with free cloud mining services without any financial risk.

    Step 2: Purchase a mining contract
    BlockchainCloudMining offers a variety of mining contract options, such as $100, $500, and $1,000 contracts. Each contract has a unique return on investment (ROI) and a specific contract period. You can earn more efficient and stable income by participating in the following contracts:
    ⦁【New User Experience Contract】: Investment amount: $100, contract period 2 days, total income: $100 + $6.
    ⦁【WhatsMiner M66S】: Investment amount: $500, contract period 7 days, total income: $500 + $45.5.
    ⦁【WhatsMiner M60】: Investment amount: $1,000, contract period 14 days, total return: $1,000 + $196.
    ⦁【Bitcoin Miner S21+】: Investment amount: $3,000, contract period 20 days, total return: $3,000 + $900.
    ⦁【ALPH Miner AL1】: Investment amount: $10,000, contract period 35 days, total return: $10,000 + $5,950.
    ⦁【ANTSPACE HK3】: Investment amount: $33,000, contract period 40 days, total return: $33,000 + $26,400.

    You can get the return the next day after purchasing the contract, or you can choose to withdraw to your crypto wallet or continue to purchase other contracts.
    (The platform has launched a number of stable income contracts. For more contract details, please visit Blockchaincloudmining.com official website)

    Looking to the future: Make “financial freedom” truly achievable
    As a leader in the payment chain, the value of XRP should not be limited to “transfer tools”. The success of BlockchainCloudMining has verified a new direction: through resource integration, digital assets can have stable cash flow functions.

    In today’s global economic uncertainty, this kind of “low-risk, stable return” investment model is increasingly accepted and sought after by investors. For those investors who want to jump out of the vortex of currency price fluctuations and achieve long-term steady growth, this is undoubtedly a feasible, realistic, and verified path.

    In short: From a coin holder to a passive income controller, you are only one contract away
    In the blockchain world, time never waits for anyone. In the past, you may have been a passive XRP investor, but now, you can use your assets to participate in a mature and transparent system-BlockchainCloudMining, so that each of your XRPs can become a “digital mining machine” that continues to generate interest.

    True financial freedom is not about waiting for the price of coins to soar and get rich overnight, but about taking control of your daily cash flow.

    For more details, visit: BlockchainCloudMining.com
    Or contact the platform email: info@blockchaincloudmining.com

    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.

    The MIL Network –

    July 22, 2025
  • MIL-OSI: BlockchainCloudMining Launches Stable Yield Contract for XRP Holders, Earning Over $7,700 a Day

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, July 22, 2025 (GLOBE NEWSWIRE) — In a major step forward for digital asset utility, BlockchainCloudMining has officially launched its next-generation cloud mining platform, specifically optimized for XRP holders. As cryptocurrency markets begin to rebound, this platform offers investors a powerful new tool to turn dormant holdings into daily passive income—with some contracts yielding returns of over $7,700 per day.

    In the past few years, Ripple (XRP), as a star currency in international payment scenarios, has millions of holders around the world. Although its transaction speed and handling fee advantages are widely recognized, most investors are still trapped in the passive strategy of “buy-hold-wait and see”. Now, a more operational and closer to real-world benefits is becoming popular: use XRP to directly participate in cloud mining and let digital assets “work” for you every day.

    Innovative model: Blockchain cloud mining wealth is growing steadily

    BlockchainCloudMining is an innovative technology company headquartered in London, UK, focusing on providing multi-currency cloud mining solutions to users around the world. Compared with the traditional “self-purchased mining machines, self-built computer rooms, and self-managed computing power”, the platform has built a low-threshold and high-yield model of “invest and mine immediately” for users, which is particularly suitable for highly liquid crypto assets such as XRP.

    The advantages of the BlockchainCloudMining platform are as follows:

    ⦁ Register to get an instant reward of $12.
    ⦁ High profit level and daily dividends.
    ⦁ No other service fees or management fees.
    ⦁ The platform supports more than 9 cryptocurrency settlements, such as DOGE, BTC, ETH, SOL, USDC, USDT, XRP, LTC, and BCH.
    ⦁ The company’s affiliate program allows you to recommend friends and get up to $50,000 in referral bonuses.
    ⦁ McAfee® security. Cloudflare® security. 100% uptime guarantee and excellent 24/7 manual online technical support.

    How to use BlockchainCloudMining to easily earn daily income?

    Step 1: Register an account
    You can register an account by entering your email address and setting a platform login password. After registration, you will receive a $12 registration bonus, which can be used to purchase a $12 contract with a daily income of $0.6. This plan provides users with free cloud mining services without any financial risk.

    Step 2: Purchase a mining contract
    BlockchainCloudMining offers a variety of mining contract options, such as $100, $500, and $1,000 contracts. Each contract has a unique return on investment (ROI) and a specific contract period. You can earn more efficient and stable income by participating in the following contracts:
    ⦁【New User Experience Contract】: Investment amount: $100, contract period 2 days, total income: $100 + $6.
    ⦁【WhatsMiner M66S】: Investment amount: $500, contract period 7 days, total income: $500 + $45.5.
    ⦁【WhatsMiner M60】: Investment amount: $1,000, contract period 14 days, total return: $1,000 + $196.
    ⦁【Bitcoin Miner S21+】: Investment amount: $3,000, contract period 20 days, total return: $3,000 + $900.
    ⦁【ALPH Miner AL1】: Investment amount: $10,000, contract period 35 days, total return: $10,000 + $5,950.
    ⦁【ANTSPACE HK3】: Investment amount: $33,000, contract period 40 days, total return: $33,000 + $26,400.

    You can get the return the next day after purchasing the contract, or you can choose to withdraw to your crypto wallet or continue to purchase other contracts.
    (The platform has launched a number of stable income contracts. For more contract details, please visit Blockchaincloudmining.com official website)

    Looking to the future: Make “financial freedom” truly achievable
    As a leader in the payment chain, the value of XRP should not be limited to “transfer tools”. The success of BlockchainCloudMining has verified a new direction: through resource integration, digital assets can have stable cash flow functions.

    In today’s global economic uncertainty, this kind of “low-risk, stable return” investment model is increasingly accepted and sought after by investors. For those investors who want to jump out of the vortex of currency price fluctuations and achieve long-term steady growth, this is undoubtedly a feasible, realistic, and verified path.

    In short: From a coin holder to a passive income controller, you are only one contract away
    In the blockchain world, time never waits for anyone. In the past, you may have been a passive XRP investor, but now, you can use your assets to participate in a mature and transparent system-BlockchainCloudMining, so that each of your XRPs can become a “digital mining machine” that continues to generate interest.

    True financial freedom is not about waiting for the price of coins to soar and get rich overnight, but about taking control of your daily cash flow.

    For more details, visit: BlockchainCloudMining.com
    Or contact the platform email: info@blockchaincloudmining.com

    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.

    The MIL Network –

    July 22, 2025
  • MIL-OSI Africa: South Africa’s police serve the ANC insiders, not the people: here’s how it happened

    Source: The Conversation – Africa – By Ivor Chipkin, Professional Professor, GIBS, University of Pretoria

    After South Africa’s first democratic elections in 1994, there was significant optimism about police reform in the country. Impressive steps were taken to bring the South African Police Service under civilian control and to create a service responsive to calls for assistance from the public.

    During the apartheid period, South Africa’s police worked to preserve the political order and pursue political opponents. It did not focus on dealing with crime. This is why the achievements of the 1990s are so important. For the first time, black South Africans could call upon officers to respond to personal emergencies. This period also saw a drop in crime levels.

    However, this promising early transformation was interrupted. The appointment of Jackie Selebi as national police commissioner in 2000 heralded a new era. Selebi was an African National Congress (ANC) insider. The ANC originated as a liberation movement and has governed the country since 1994.

    Selebi had served as the head of the ANC’s Youth League in the 1980s, when it was banned. In 1987 he was appointed to the organisation’s national executive committee, its highest decision-making organ.

    His appointment as police commissioner was the start of significant change in the purpose of policing. It marked the end of the focus on civilian control of the police force and prosecuting authorities. As an ANC insider, Selebi led efforts to establish party control over the police.

    This politicisation gained momentum over the next two decades. In the early years it was exemplified by the suspension of the head of the National Prosecuting Authority, Advocate Vusi Pikoli,, by then president Thabo Mbeki, amid corruption allegations against Selebi himself.

    Other telling developments ensued. The Scorpions were disbanded in 2009 by acting president Kgalema Motlanthe. The unit’s job was to pursue high-profile cases against senior ANC politicians (among others).

    The police became increasingly entangled in the ANC’s internal political conflicts. At the same time the office of the national police commissioner experienced high turnover due to intense political manoeuvring. Between 2009 and 2022, there were seven national commissioners.

    Recent developments have once again brought the intermingling of police work and power battles in the ANC to the fore. In early July 2025, Lieutenant General Nhlanhla Mkhwanazi, the commissioner of police in the province of KwaZulu-Natal, made some startling claims. He called a press conference and, wearing camouflage uniform, he implicated the minister of police, Senzo Mchunu, together with the deputy national commissioner for crime detection, in a scheme to close down investigations into political assassinations in the province.

    President Cyril Ramaphosa rushed back from a meeting of the Brics countries in Brazil to attend to the matter. He announced that the police minister had been placed on leave with immediate effect. He also announced a judicial inquiry into the allegations.

    I have conducted research into South Africa’s security apparatus over the last decade. Based on this work, and new research forthcoming in the Journal of Southern African Studies done with Jelena Vidojevic, co-founder of the New South Institute, it is clear that elite contestation in the ANC is intensifying.

    In other words, the ability of internal party structures to manage gatekeeping is declining. Many of the people involved are indifferent or even hostile to South Africa’s democratic and constitutional order.

    As the ability of some political elites to access state resources through the party declines, some are linked with organised criminal networks. Organised crime has been on the edges of South African politics. It now risks taking a more central role.

    In this environment, the police service will often be the thin (blue) line between multiparty contestation according to constitutional rules and the criminalisation of politics in South Africa.

    The shift

    Large organisational changes within the police vividly illustrate this shift away from its core function.

    The Visible Policing programme was meant to meant to deter crime through patrols, checkpoints and roadblocks. But, instead, there was a steady decline in resource allocation. Employee numbers dropped between 2015 and 2021.

    Detective services and crime intelligence also experienced such declines.

    Conversely, employee numbers in the Protection and Security Services programme, responsible for providing bodyguards to politicians, increased sharply between 2014 and 2016.

    Evidence heard by the commission of inquiry into state capture suggested that some officers and budgets in the service were even used to supply President Jacob Zuma and other politicians with what amounted to a private militia.

    This reorientation of resources coincided with a rise in crime across the country, a decline in arrests by 24.5%, and a drop in the police’s efficacy in solving crimes.

    Furthermore, a politicised police leadership effectively stopped policing various categories of crime. This was particularly true of offences like fraud, corruption, and certain types of theft, and particularly when politically connected persons were involved.

    The state capture commission heard extensive evidence about the failure of the police to pursue politically sensitive investigations. Investigations into senior officials were frequently frustrated or impeded, and cases at state-owned enterprises were abandoned.

    This shows how police resources were actively redirected as weapons of elite competition, pursuing political enemies and protecting allies within the ruling party.

    Mkhwanazi’s claims, if substantiated, suggest that this political policing remains entrenched.

    What now?

    Ramaphosa has announced the appointment of Firoz Cachalia as the acting minister of police. Cachalia, a well regarded legal academic, served as ANC minister for community safety. Between 2019 and 2022 he was part of the ANC’s national executive committee.

    His appointment raises serious questions.

    If the core problem with the police is that it has become embroiled in ANC internal politics, having an ANC insider head the ministry of police (even if only on an acting basis) threatens only to compound the problem.

    Moreover, South Africans have already witnessed a long and expensive judicial inquiry into state capture. And despite extensive evidence of police failure to pursue politically sensitive investigations, nothing concrete has come of it.

    How likely is it that this new initiative will be any different, especially if those investigating it and presiding over key institutions are themselves ANC insiders?

    To depoliticise the police service and redirect its attention and activities towards crime and emergencies, a crucial first step is to reconsider the appointment processes for the national police commissioner and other top managers.

    Under the current system the president has sole discretion. This bakes party-political considerations into the decision-making process.

    Without structural changes, genuine democratic policing will remain an elusive ideal.

    In 2024/25 the murder rate in South Africa stood at 42 per 100,000, among the highest in the world and close to levels not seen since the early 2000s.

    At the very least, the minister of police must not be an ANC insider. Democratic renewal in South Africa requires bringing the police firmly under parliamentary control.

    – South Africa’s police serve the ANC insiders, not the people: here’s how it happened
    – https://theconversation.com/south-africas-police-serve-the-anc-insiders-not-the-people-heres-how-it-happened-261301

    MIL OSI Africa –

    July 22, 2025
  • MIL-OSI Analysis: South Africa’s police serve the ANC insiders, not the people: here’s how it happened

    Source: The Conversation – Africa (2) – By Ivor Chipkin, Professional Professor, GIBS, University of Pretoria

    After South Africa’s first democratic elections in 1994, there was significant optimism about police reform in the country. Impressive steps were taken to bring the South African Police Service under civilian control and to create a service responsive to calls for assistance from the public.

    During the apartheid period, South Africa’s police worked to preserve the political order and pursue political opponents. It did not focus on dealing with crime. This is why the achievements of the 1990s are so important. For the first time, black South Africans could call upon officers to respond to personal emergencies. This period also saw a drop in crime levels.

    However, this promising early transformation was interrupted. The appointment of Jackie Selebi as national police commissioner in 2000 heralded a new era. Selebi was an African National Congress (ANC) insider. The ANC originated as a liberation movement and has governed the country since 1994.

    Selebi had served as the head of the ANC’s Youth League in the 1980s, when it was banned. In 1987 he was appointed to the organisation’s national executive committee, its highest decision-making organ.

    His appointment as police commissioner was the start of significant change in the purpose of policing. It marked the end of the focus on civilian control of the police force and prosecuting authorities. As an ANC insider, Selebi led efforts to establish party control over the police.

    This politicisation gained momentum over the next two decades. In the early years it was exemplified by the suspension of the head of the National Prosecuting Authority, Advocate Vusi Pikoli,, by then president Thabo Mbeki, amid corruption allegations against Selebi himself.

    Other telling developments ensued. The Scorpions were disbanded in 2009 by acting president Kgalema Motlanthe. The unit’s job was to pursue high-profile cases against senior ANC politicians (among others).

    The police became increasingly entangled in the ANC’s internal political conflicts. At the same time the office of the national police commissioner experienced high turnover due to intense political manoeuvring. Between 2009 and 2022, there were seven national commissioners.

    Recent developments have once again brought the intermingling of police work and power battles in the ANC to the fore. In early July 2025, Lieutenant General Nhlanhla Mkhwanazi, the commissioner of police in the province of KwaZulu-Natal, made some startling claims. He called a press conference and, wearing camouflage uniform, he implicated the minister of police, Senzo Mchunu, together with the deputy national commissioner for crime detection, in a scheme to close down investigations into political assassinations in the province.

    President Cyril Ramaphosa rushed back from a meeting of the Brics countries in Brazil to attend to the matter. He announced that the police minister had been placed on leave with immediate effect. He also announced a judicial inquiry into the allegations.

    I have conducted research into South Africa’s security apparatus over the last decade. Based on this work, and new research forthcoming in the Journal of Southern African Studies done with Jelena Vidojevic, co-founder of the New South Institute, it is clear that elite contestation in the ANC is intensifying.

    In other words, the ability of internal party structures to manage gatekeeping is declining. Many of the people involved are indifferent or even hostile to South Africa’s democratic and constitutional order.

    As the ability of some political elites to access state resources through the party declines, some are linked with organised criminal networks. Organised crime has been on the edges of South African politics. It now risks taking a more central role.

    In this environment, the police service will often be the thin (blue) line between multiparty contestation according to constitutional rules and the criminalisation of politics in South Africa.

    The shift

    Large organisational changes within the police vividly illustrate this shift away from its core function.

    The Visible Policing programme was meant to meant to deter crime through patrols, checkpoints and roadblocks. But, instead, there was a steady decline in resource allocation. Employee numbers dropped between 2015 and 2021.

    Detective services and crime intelligence also experienced such declines.

    Conversely, employee numbers in the Protection and Security Services programme, responsible for providing bodyguards to politicians, increased sharply between 2014 and 2016.

    Evidence heard by the commission of inquiry into state capture suggested that some officers and budgets in the service were even used to supply President Jacob Zuma and other politicians with what amounted to a private militia.

    This reorientation of resources coincided with a rise in crime across the country, a decline in arrests by 24.5%, and a drop in the police’s efficacy in solving crimes.

    Furthermore, a politicised police leadership effectively stopped policing various categories of crime. This was particularly true of offences like fraud, corruption, and certain types of theft, and particularly when politically connected persons were involved.

    The state capture commission heard extensive evidence about the failure of the police to pursue politically sensitive investigations. Investigations into senior officials were frequently frustrated or impeded, and cases at state-owned enterprises were abandoned.

    This shows how police resources were actively redirected as weapons of elite competition, pursuing political enemies and protecting allies within the ruling party.

    Mkhwanazi’s claims, if substantiated, suggest that this political policing remains entrenched.

    What now?

    Ramaphosa has announced the appointment of Firoz Cachalia as the acting minister of police. Cachalia, a well regarded legal academic, served as ANC minister for community safety. Between 2019 and 2022 he was part of the ANC’s national executive committee.

    His appointment raises serious questions.

    If the core problem with the police is that it has become embroiled in ANC internal politics, having an ANC insider head the ministry of police (even if only on an acting basis) threatens only to compound the problem.

    Moreover, South Africans have already witnessed a long and expensive judicial inquiry into state capture. And despite extensive evidence of police failure to pursue politically sensitive investigations, nothing concrete has come of it.

    How likely is it that this new initiative will be any different, especially if those investigating it and presiding over key institutions are themselves ANC insiders?

    To depoliticise the police service and redirect its attention and activities towards crime and emergencies, a crucial first step is to reconsider the appointment processes for the national police commissioner and other top managers.

    Under the current system the president has sole discretion. This bakes party-political considerations into the decision-making process.

    Without structural changes, genuine democratic policing will remain an elusive ideal.

    In 2024/25 the murder rate in South Africa stood at 42 per 100,000, among the highest in the world and close to levels not seen since the early 2000s.

    At the very least, the minister of police must not be an ANC insider. Democratic renewal in South Africa requires bringing the police firmly under parliamentary control.

    Ivor Chipkin teaches public policy at the Gordon Institute of Business Science (GIBS) at the University of Pretoria. He is the director of the New South Institute.

    – ref. South Africa’s police serve the ANC insiders, not the people: here’s how it happened – https://theconversation.com/south-africas-police-serve-the-anc-insiders-not-the-people-heres-how-it-happened-261301

    MIL OSI Analysis –

    July 22, 2025
  • MIL-OSI United Kingdom: National security powers to be updated to reduce the burden on businesses

    Source: United Kingdom – Executive Government & Departments

    Press release

    National security powers to be updated to reduce the burden on businesses

    Investment security rules under the National Security and Investment (NSI) Act 2021 will be simplified to ease the burden on businesses as part of the Plan for Change.

    • Plans to reduce unnecessary red tape for businesses by ensuring mandatory notifications are no longer needed for certain internal reorganisations and the appointment of liquidators 
    • New consultation will put businesses at the heart of potential changes to the sectors facing the greatest scrutiny by the government’s investment security powers
    • Semiconductors, Critical Minerals carved out into standalone sectors and Water to be considered for addition to list of sensitive sectors 
    • NSIA Annual Report shows just 4.5% of notifications were called in for review, with the vast majority cleared to proceed in 30 days  

    Investment security rules under the National Security and Investment (NSI) Act 2021 will be simplified to ease the burden on businesses as part of the Plan for Change. 

    The changes, currently being developed, will when they come into force reduce unnecessary bureaucracy for businesses, no longer requiring them to notify the Cabinet Office’s Investment Security Unit when undertaking certain types of internal reorganisations or appointing liquidators, special administrators and official receivers. 

    Analysis has shown these types of transactions rarely warrant investigation. Simplifying the rules will ease the regulatory burden and help the government focus its attention on the deals presenting greater risk to national security.

    Chancellor of the Duchy of Lancaster, Pat McFadden said: 

    The government has been clear about our ambition to cut red tape for businesses, while taking firm action to protect national security as we deliver the Plan for Change. 

    Data shows our investment security powers are working well, but there’s more we can do to ensure our tool kit keeps pace with the modern economy. We’re taking action to hone the type of transactions facing the greatest scrutiny, as well as consulting on updates to the sectors of the economy specified in the legislation. Businesses are at the heart of these plans and I look forward to engaging widely in the weeks ahead.

    The announcement comes as the government also publishes a new consultation—due to launch on 22 July and conclude on 14 October—-on separate plans to update the sectors of the economy subject to greater scrutiny under the National Security and Investment Act 2021. 

    Acquirers of businesses operating in seventeen sensitive sectors must currently notify the Investment Security Unit about relevant acquisitions before the deal can be completed. These sectors were first defined in 2021 and have not been updated since. 

    Building on business feedback, and to improve clarity and bring the sectors up to date with the latest economic and technological developments, the government is proposing creating new standalone categories for Semiconductors and Critical Minerals, which currently fall under the Advanced Materials sector. Computing Hardware, which is currently a standalone sector, would move under the Semiconductors sector. 

    Pat McFadden has also requested businesses’ views on bringing certain deals in the water sector into scope of the NSI Act’s mandatory notification requirements. This new requirement, while not expected to affect large numbers of deals, reflects increasing risks to the sector’s resilience in a growing threat landscape.

    Alongside the reforms and consultation, the Cabinet Office is also publishing the National Security and Investment Act Annual Report. This sets out the Investment Security Unit’s activity between 2024-2025. 

    It shows that the government saw an increase in the number of notifications received year on year, rising from 906 to 1,143.

    Similar to last year, only 4.5% of notified acquisitions reviewed were called in for further assessment, with the vast majority of businesses notified within 30 working days that no further action would be taken.

    The government issued 17 final orders: 16 allowing the acquisitions to proceed subject to conditions and one requiring divestment. 

    Like last year, the largest proportion of notifications involved acquisitions in the Defence, Critical Suppliers to Government and Military & Dual Use areas of the economy, and acquirers associated with the UK, followed by the US. 

    Of the 17 final orders issued, the largest number involved acquirers associated with the UK, followed by acquirers associated with China and acquirers associated with the USA. Defence and Military & Dual Use acquisitions also accounted for the largest number of final orders.

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    Published 22 July 2025

    MIL OSI United Kingdom –

    July 22, 2025
  • MIL-OSI Asia-Pac: President Lai meets official delegation from European Parliament’s Special Committee on the European Democracy Shield

    Source: Republic of China Taiwan

    Details
    2025-07-17
    President Lai meets President of Guatemalan Congress Nery Abilio Ramos y Ramos  
    On the morning of July 17, President Lai Ching-te met with a delegation led by Nery Abilio Ramos y Ramos, the president of the Congress of the Republic of Guatemala. In remarks, President Lai thanked Congress President Ramos and the Guatemalan Congress for their support for Taiwan, and noted that official diplomatic relations between Taiwan and Guatemala go back more than 90 years. As important partners in the global democratic community, the president said, the two nations will continue moving forward together in joint defense of the values of democracy and freedom, and will cooperate to promote regional and global prosperity and development. A translation of President Lai’s remarks follows:  I recall that when Congress President Ramos visited Taiwan in July last year, he put forward many ideas about how our countries could promote bilateral cooperation and exchanges. Now, a year later, he is leading another cross-party delegation from the Guatemalan Congress on a visit, demonstrating support for Taiwan and continuing to help deepen our diplomatic ties. In addition to extending a sincere welcome to the distinguished delegation members who have traveled so far to be here, I would also like to express our concern and condolences for everyone in Guatemala affected by the earthquake that struck earlier this month. We hope that the recovery effort is going smoothly. Official diplomatic relations between Taiwan and Guatemala go back more than 90 years. In such fields as healthcare, agriculture, education, and women’s empowerment, we have continually strengthened our cooperation to benefit our peoples. Just last month, Guatemala’s President Bernardo Arévalo and the First Lady led a delegation on a state visit to Taiwan. President Arévalo and I signed a letter of intent for semiconductor cooperation, and also witnessed the signing of cooperation documents to establish a political consultation mechanism and continue to promote bilateral investment. This has laid an even sounder foundation for bilateral exchanges and cooperation, and will help enhance both countries’ international competitiveness. Taiwan is currently running a semiconductor vocational training program, helping Guatemala cultivate semiconductor talent and develop its tech industry, and demonstrating our determination to share experience with democratic partners. At the same time, we continue to assist Taiwanese businesses in their efforts to develop overseas markets with Guatemala as an important base, spurring industrial development in both countries and increasing economic and trade benefits. I want to thank Congress President Ramos and the Guatemalan Congress for their continued support for Taiwan’s international participation. Representing the Guatemalan Congress, Congress President Ramos has signed resolutions in support of Taiwan, and has also issued statements addressing China’s misinterpretation of United Nations General Assembly Resolution 2758. Taiwan and Guatemala, as important partners in the global democratic community, will continue moving forward together in joint defense of the values of democracy and freedom, and will cooperate to promote regional and global prosperity and development. Congress President Ramos then delivered remarks, first noting that the members of the delegation are not only from different parties, but also represent different classes, cultures, professions, and departments, which shows that the diplomatic ties between Guatemala and the Republic of China (Taiwan) are based on firm friendships at all levels and in all fields. Noting that this was his second time to visit Taiwan and meet with President Lai, Congress President Ramos thanked the government of Taiwan for its warm hospitality. With the international situation growing more complex by the day, he said, Guatemala highly values its longstanding friendship and cooperative ties with Taiwan, and hopes that both sides can continue to deepen their cooperation in such areas as the economy, technology, education, agriculture, and culture, and work together to spur sustainable development in each of our countries. Congress President Ramos said that the way the Taiwan government looks after the well-being of its people is an excellent model for how other countries should promote national development and social well-being. Accordingly, he said, the Guatemalan Congress has stood for justice and, for a second time, adopted a resolution backing Taiwan’s participation in the World Health Assembly. Regarding President Arévalo’s state visit to Taiwan the previous month, Congress President Ramos commented that this high-level interaction has undoubtedly strengthened the diplomatic ties between Taiwan and Guatemala and led to more opportunities for cooperation. Congress President Ramos emphasized that democracy, freedom, and human rights are universal values that bind Taiwan and Guatemala together, and that he is confident the two countries’ diplomatic ties will continue to grow deeper. In closing, on behalf of the Republic of Guatemala, Congress President Ramos presented President Lai with a Chinese translation of the resolution that the Guatemalan Congress proposed to the UN in support of Taiwan’s participation in international organizations, demonstrating the staunch bonds of friendship between the two countries. The delegation was accompanied to the Presidential Office by Guatemala Ambassador Luis Raúl Estévez López.  

    Details
    2025-07-08
    President Lai meets delegation led by Foreign Minister Jean-Victor Harvel Jean-Baptiste of Republic of Haiti
    On the morning of July 8, President Lai Ching-te met with a delegation led by Minister of Foreign Affairs Jean-Victor Harvel Jean-Baptiste of the Republic of Haiti and his wife. In remarks, President Lai noted that our two countries will soon mark the 70th anniversary of diplomatic relations and that our exchanges have been fruitful in important areas such as public security, educational cooperation, and infrastructure. The president stated that Taiwan will continue to work together with Haiti to promote the development of medical and health care, food security, and construction that benefits people’s livelihoods. The president thanked Haiti for supporting Taiwan’s international participation and expressed hope that both countries will continue to support each other, deepen cooperation, and face various challenges together. A translation of President Lai’s remarks follows: I am delighted to meet and exchange ideas with Minister Jean-Baptiste, his wife, and our distinguished guests. Minister Jean-Baptiste is the highest-ranking official from Haiti to visit Taiwan since former President Jovenel Moïse visited in 2018, demonstrating the importance that the Haitian government attaches to our bilateral diplomatic ties. On behalf of the Republic of China (Taiwan), I extend a sincere welcome. Next year marks the 70th anniversary of the establishment of diplomatic ties between our two countries. Our bilateral exchanges have been fruitful in important areas such as public security, educational cooperation, and infrastructure. Over the past few years, Haiti has faced challenges in such areas as food supply and healthcare. Taiwan will continue to work together with Haiti through various cooperative programs to promote the development of medical and health care, food security, and construction that benefits people’s livelihoods. I want to thank the government of Haiti and Minister Jean-Baptiste for speaking out in support of Taiwan on the international stage for many years. Minister Jean-Baptiste’s personal letter to the World Health Organization Secretariat in May this year and Minister of Public Health and Population Bertrand Sinal’s public statement during the World Health Assembly both affirmed Taiwan’s efforts and contributions to global public health and supported Taiwan’s international participation, for which we are very grateful. I hope that Taiwan and Haiti will continue to support each other and deepen cooperation. I believe that Minister Jean-Baptiste’s visit will open up more opportunities for cooperation for both countries, helping Taiwan and Haiti face various challenges together. In closing, I once again offer a sincere welcome to the delegation led by Minister Jean-Baptiste, and ask him to convey greetings from Taiwan to Prime Minister Alix Didier Fils-Aimé and the members of the Transitional Presidential Council. Minister Jean-Baptiste then delivered remarks, saying that he is extremely honored to visit Taiwan and reaffirm the solid and friendly cooperative relationship based on mutual respect between the Republic of Haiti and the Republic of China (Taiwan), which will soon mark its 70th anniversary. He also brought greetings to President Lai from Haiti’s Transitional Presidential Council and Prime Minister Fils-Aimé. Minister Jean-Baptiste emphasized that over the past few decades, despite the great geographical distance and developmental and cultural differences between our two countries, we have nevertheless established a firm friendship and demonstrated to the world the progress resulting from the mutual assistance and cooperation between our peoples. Minister Jean-Baptiste pointed out that our two countries cooperate closely in agriculture, health, education, and community development and have achieved concrete results. Taiwan’s voice, he said, is thus essential for the people of Haiti. He noted that Taiwan also plays an important role in peace and innovation and actively participates in global cooperative efforts. Pointing out that the world is currently facing significant challenges and that Haiti is experiencing its most difficult period in history, Minister Jean-Baptiste said that at this time, Taiwan and Haiti need to unite, help each other, and jointly think about how to move forward and deepen bilateral relations to benefit the peoples of both countries. Minister Jean-Baptiste said that he is pleased that throughout our solid and friendly diplomatic relationship, both countries have demonstrated mutual trust, mutual respect, and the values we jointly defend. He then stated his belief that Haiti and Taiwan will together create a cooperation model and future that are sincere, friendly, and sustainable. The delegation was accompanied to the Presidential Office by Chargé d’Affaires a.i. Francilien Victorin of the Embassy of the Republic of Haiti in Taiwan.

    Details
    2025-07-01
    President Lai meets delegation from 2025 Taiwan International Ocean Forum
    On the afternoon of July 1, President Lai Ching-te met with a delegation from the 2025 Taiwan International Ocean Forum (TIOF). In remarks, President Lai noted that the people of Taiwan will continue to work with democratic partners throughout the world in a maritime spirit of freedom and openness to contribute to ocean governance and jointly ensure maritime security. He expressed hope that their visit will help forge stronger friendships between Taiwan and international maritime partners, so that all can work together to spur shared maritime prosperity and sustainable development for the next generation. A translation of President Lai’s remarks follows: I want to thank our guests for coming here to the Presidential Office. The 2025 TIOF will take place tomorrow and the day after, and I thank you all for making the long trip to Taiwan to attend the event and share your valuable insights and experiences. This year’s forum will focus on strategies for strengthening maritime security and pathways to achieving a sustainable blue economy. By attending this forum, our guests are highlighting their commitment to safeguarding the oceans, and beyond that, taking concrete action to demonstrate support for Taiwan. I once again offer deepest gratitude on behalf of the people of Taiwan. Taiwan holds a key position on the first island chain, is one of the world’s top 10 shipping nations, and accounts for close to 10 percent of global container shipping by volume. As such, Taiwan occupies a unique and important position in maritime strategy. For Taiwan, the ocean is more than just a basis for survival and development; it is also an important driver of national prosperity. In my inaugural address last year, I spoke of a threefold approach to further Taiwan’s development. One of these involves further developing our strengths as a maritime nation. Our government must actively help deepen our connections with the ocean, and must continue to promote green shipping, a sustainable fishing industry, marine renewable energy, and other forms of industrial transformation. It must also make use of marine technology and digital innovation to create a new paradigm that balances environmental, economic, and social inclusion concerns. This will help enhance Taiwan’s responsibilities and competitiveness as a maritime nation. Taiwan is surrounded by ocean, and our territorial waters are a natural protective barrier. However, continued gray-zone aggression from China creates serious threats and challenges to peace and stability in the Taiwan Strait. Our government continues to invest resources to deal with increasingly complex maritime security issues. In addition to building coast guard patrol vessels, we must also step up efforts to build underwater, surface, and airborne unmanned vehicles and smart reconnaissance equipment, so as to demonstrate Taiwan’s determination to defend democracy and freedom and commitment to maintaining peace and stability in the Taiwan Strait. Oceans are Taiwan’s roots, and provide the channels by which we engage with the world. The people of Taiwan will continue to work with democratic partners throughout the world in a maritime spirit of freedom and openness to contribute to ocean governance and jointly ensure maritime security. The TIOF was first launched in 2020, and has now become an important platform for enhancement of cooperation between Taiwan and other countries. I hope that our distinguished guests will reap great benefits at this year’s forum, and further hope that this visit will help forge stronger friendships between Taiwan and international maritime partners, so that all can work together to spur shared maritime prosperity and sustainable development for the next generation. Chairman of The Washington Times Thomas McDevitt, a member of the delegation, then delivered remarks, noting first that July 4th, this Friday, is Independence Day in America. Independence is a sacred, powerful word which has great meaning in this part of the world, he said. Chairman McDevitt indicated that Taiwan has truly become a global beacon of democracy and a key partner for many nations. He then quoted President Lai’s 2024 inaugural address: “We will work together to combat disinformation, strengthen democratic resilience, address challenges, and allow Taiwan to become the MVP of the democratic world.” Chairman McDevitt went on to say that he appreciated the president’s speech with regard to his philosophical depth, sensitivity, and both moral and political clarity. He said that he was deeply moved by the speech, but within a few days of it, China responded with military activities and many threats. The chairman then emphasized that we are in a civilization crisis. Chairman McDevitt mentioned that President Lai has begun a series of 10 lectures, and remarked that they would help the world to understand the identity and the nature of Taiwan, as well as the situation we are in in the world. On behalf of all the delegation, Chairman McDevitt thanked the president for his leadership in dealing with these issues thoughtfully. Chairman McDevitt concluded with a line from the Old Testament which states that if the people have no vision, they will perish. He said that he believes Taiwan’s president has led the people of Taiwan, and the world, with a vision of how to navigate this great civilization crisis together. The delegation also included Members of the Japanese House of Representatives Kikawada Hitoshi, Aoyama Yamato, and Genma Kentaro, and Member of Parliament of the United Kingdom Gavin Williamson.

    Details
    2025-06-30
    President Lai meets Minister of State at UK Department for Business and Trade Douglas Alexander  
    On the morning of June 30, President Lai Ching-te met with Douglas Alexander, Minister of State at the Department for Business and Trade of the United Kingdom. In remarks, President Lai thanked the UK government for its longstanding support for peace and stability across the Taiwan Strait, demonstrating that Taiwan and the UK share similar goals. Noting that two years ago, Taiwan and the UK signed an enhanced trade partnership (ETP) arrangement, the president said that today Taiwan and the UK have signed three pillars under the ETP, which will help promote bilateral economic and trade cooperation. He expressed hope of the UK publicly supporting Taiwan’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) so that together we can create an economic and trade landscape in the Indo-Pacific characterized by shared prosperity and development. A translation of President Lai’s remarks follows: First, on behalf of the people of Taiwan, I extend a warm welcome to Minister Alexander and wish a fruitful outcome for the 27th round of Taiwan-UK trade talks later today. Taiwan-UK relations have grown closer in recent years. We have not only continued to strengthen cooperation in such fields as offshore wind power, innovative technologies, and culture and education but also have established regular dialogue mechanisms in the critical areas of economics and trade, energy, and agriculture. The UK is currently Taiwan’s fourth-largest European trading partner, second-largest source of investment from Europe, and third-largest target for investment in Europe. Two years ago, Taiwan and the UK signed an ETP arrangement. This was particularly meaningful, as it was the first institutionalized economic and trade framework between Taiwan and a European country. Today, this arrangement is yielding further results. I am delighted that Taiwan and the UK have signed three pillars under the ETP covering investment, digital trade, and energy and net-zero. This will help promote bilateral economic and trade cooperation and advance industrial development on both sides. I also want to thank the UK government for its longstanding support for peace and stability across the Taiwan Strait. This month, the UK published its Strategic Defence Review 2025 and National Security Strategy 2025, which oppose any unilateral attempts to change the status quo across the Taiwan Strait. These not only demonstrate that Taiwan and the UK share similar goals but also show that security and prosperity in the Indo-Pacific region are inseparable from those of the transatlantic regions. In addition, last November, the House of Commons passed a motion which made clear that United Nations General Assembly (UNGA) Resolution 2758 neither established the sovereignty of the People’s Republic of China over Taiwan nor determined Taiwan’s status in the United Nations. The UK government also responded to the motion by publicly expressing for the first time its position on UNGA Resolution 2758, opposing any attempt to broaden the interpretation of the resolution to rewrite history. For this, on behalf of the people of Taiwan, I once again want to extend my deepest gratitude. Taiwan and the UK have the advantage of being highly complementary in the technology sector. In facing the restructuring of global supply chains and other international economic and trade developments, I believe that Taiwan and the UK are indispensable key partners for one another. I look forward to the UK publicly supporting Taiwan’s accession to the CPTPP so that together, we can create an economic and trade landscape in the Indo-Pacific characterized by shared prosperity and development. In closing, I wish Minister Alexander a pleasant and successful visit. And I hope he has the opportunity to visit Taiwan for personal travel in the future. Minister Alexander then delivered remarks, saying that it is a great personal honor to meet with everyone today to discuss further deepening the UK-Taiwan trade relationship and explore the many opportunities our two sides can pursue together. He mentioned that he traveled to Taiwan in 2022 when he was a private citizen, a visit he thoroughly enjoyed, so he is delighted to be back to see the strength of the UK-Taiwan relationship and the strengthening of that relationship. He said that relationship is built on mutual respect, democratic values, and a shared vision for open, resilient, and rules-based economic cooperation. As like-minded partners, he pointed out, our collaboration continues to grow across multiple sectors, and he is here today to further that momentum. Minister Alexander stated that on trade and investment, he is proud that this morning we signed the ETP Pillars on Investment, Digital Trade, Energy and Net Zero, which will provide a clear framework for our future cooperation and lay the foundation for expanded access and market-shaping engagement between our two economies. The minister said he believes that together with our annual trade talks, this partnership will help UK’s firms secure new commercial opportunities, improve regulatory alignment, and promote long-term investment in key growth areas, which in turn will also support Taiwan’s efforts to expand high-quality trade relationships with trusted partners. Minister Alexander said that President Lai’s promotion of the Five Trusted Industry Sectors and the UK’s recently published industrial and trade strategies are very well-aligned, as both cover clean energy and semiconductors as well as advanced manufacturing. He then provided an example, saying that both sides plan to invest in AI infrastructure and compute power-creating opportunities for great joint research in the future. By combining our strengths in these areas, he said, we can open the door to innovative collaboration and commercial success for both sides. He mentioned that yesterday he visited the Taiwan Space Agency, commenting that in sectors such as satellite technology, green energy, and cyber security, British expertise and trusted standards can provide meaningful solutions. Noting that President Lai spoke in his remarks of the broader challenge of peace and security in the region, Minister Alexander stated that the United Kingdom has, of course, also continued to affirm its commitment to peace and stability in the Taiwan Strait, along with its G7 partners. The UK-Taiwan relationship is strategic, enduring, and growing, he stated, and they reaffirm and remain firm in their longstanding position and confident in their ability to work together to support both prosperity and resilience in both of our societies. Minister Alexander said that, as Taiwan looks to diversify capital and build global partnerships, they believe the UK represents a strong and ambitious investment destination, particularly for Taiwanese companies at the very forefront of robotics, clean tech, and advanced industry. He pointed out that the UK’s markets are stable, open, and aligned with Taiwan’s vision of a high-tech, sustainable future, adding that he looks forward to our discussion on how we can further deepen our cooperation across all of these areas and more. The delegation also included Martin Kent, His Majesty’s Trade Commissioner for Asia Pacific at the UK Department for Business and Trade. The delegation was accompanied to the Presidential Office by British Office Taipei Representative Ruth Bradley-Jones.   

    Details
    2025-06-27
    President Lai confers decoration on former Japan-Taiwan Exchange Association Chairman Ohashi Mitsuo
    On the morning of June 27, President Lai Ching-te conferred the Order of Brilliant Star with Grand Cordon upon former Chairman of the Japan-Taiwan Exchange Association Ohashi Mitsuo in recognition of his firm convictions and tireless efforts in promoting Taiwan-Japan exchanges. In remarks, President Lai stated that Chairman Ohashi cares for Taiwan like a family member, and expressed hope that Taiwan and Japan continue to deepen their partnership, bring about the early signing of an economic partnership agreement (EPA), and jointly build secure and stable non-red supply chains as we boost the resilience and competitiveness of our economies and jointly safeguard the values of freedom and democracy. A translation of President Lai’s remarks follows: Every meeting I have with Chairman Ohashi, with whom I have worked side by side for many years, is warm and friendly. I recall that when we met last year, Chairman Ohashi said that he often thinks about what Japan can do for Taiwan and what Taiwan can do for Japan, and that it is that mutual concern that makes us so close. This was a truly moving statement illustrating the relationship between Taiwan and Japan. Chairman Ohashi has also said numerous times that our bilateral relations may very well be the best in the entire world, and that in fact they may serve as a model to other countries. Indeed, Chairman Ohashi is himself an exemplary model for friendly relations between Taiwan and Japan. His spirit of always working tirelessly to promote Taiwan-Japan exchanges is truly admirable. Assuming the position of chairman of the Japan-Taiwan Exchange Association in 2011, he served during the terms of former Presidents Ma Ying-jeou and Tsai Ing-wen, continuously making positive contributions to Taiwan-Japan relations. Over these past 14 years, Taiwan and Japan have signed over 50 major agreements, spanning the economy and trade, fisheries, and taxes, among other areas. In 2017, the Taiwan-Japan Relations Association and the Japan-Taiwan Exchange Association underwent name changes, strengthening the essence and significance of Taiwan-Japan relations. These great achievements were all made possible thanks to the firm convictions and tireless efforts of Chairman Ohashi. On behalf of the people of Taiwan, I am delighted to confer upon Chairman Ohashi the Order of Brilliant Star with Grand Cordon to express our deepest thanks for his outstanding contributions. Chairman Ohashi is not just a good friend of Taiwan, but someone who cares for Taiwan like a family member. When a major earthquake struck in 2016, he personally went to Tainan to assess the situation and meet with the city government. This outpouring of friendship and support across borders was deeply moving. As we look to the future, I hope that Taiwan and Japan can continue to deepen our partnership. In addition to bringing about the early signing of an EPA, I also hope that we can expand collaboration in key areas such as semiconductors, energy, and AI, continue building secure and stable non-red supply chains, and boost the resilience and competitiveness of our economies as well as peace and stability in the Indo-Pacific. As Chairman Ohashi has said, the close bilateral relationship between Taiwan and Japan is one the world can be proud of. I would like to thank him once again for his contributions to deepening Taiwan-Japan ties. Taiwan will continue to forge ahead side by side with Japan, jointly safeguarding the values of freedom and democracy and mutually advancing prosperous development. I wish Chairman Ohashi good health, happiness, peace, and success in his future endeavors, and invite him to return to Taiwan often to visit old friends. Chairman Ohashi then delivered remarks, first thanking President Lai for his kind words. He stated that the Taiwan-Japan relationship is not only worthy of praise; it can also serve as a superb model in the world for bilateral relations that is worthy of study by other countries. He added that this is the result of the collective efforts of President Lai as well as many other individuals. Chairman Ohashi said that the current international situation is rather severe, with wars and conflicts occurring between many neighboring countries. He said that there is a growing trend of nuclear weapon proliferation, emphasizing that use of such weapons would cause significant harm between nations. He also pointed out that some countries even use nuclear weapons as a threat, leading to instability and impacting the global situation. Chairman Ohashi said that neither Taiwan nor Japan possesses nuclear weapons, which is something to be proud of. That is why, he said, we can declare that a world without nuclear weapons is a peaceful world. He also mentioned that during his tenure as chairman of the Japan-Taiwan Exchange Association, he consistently upheld this principle in his work. Chairman Ohashi said that the mission of the World Federalist Movement (WFM) is to promote world peace. He said that the WFM has branches in countries worldwide, with the WFM of Japan being one of the most prominent, and that it also aspires to achieve the goal of world peace. Having served as chairman of the Japan-Taiwan Exchange Association for 14 years, he said, he is now stepping down from this role and will serve as the chairman of the WFM of Japan, aiming to promote peace in countries around the world. Chairman Ohashi said that both Taiwan and Japan can take pride in our friendly bilateral relationship, emphasizing that if the good relationship between Japan and Taiwan could be offered as an example to countries around the world, there would be no more wars. He expressed his sincere hope that under President Lai’s leadership, Taiwan and Japan can work together to jointly promote world peace. Also in attendance at the ceremony was Japan-Taiwan Exchange Association Taipei Office Chief Representative Katayama Kazuyuki.

    Details
    2025-05-20
    President Lai interviewed by Nippon Television and Yomiuri TV
    In a recent interview on Nippon Television’s news zero program, President Lai Ching-te responded to questions from host Mr. Sakurai Sho and Yomiuri TV Shanghai Bureau Chief Watanabe Masayo on topics including reflections on his first year in office, cross-strait relations, China’s military threats, Taiwan-United States relations, and Taiwan-Japan relations. The interview was broadcast on the evening of May 19. During the interview, President Lai stated that China intends to change the world’s rules-based international order, and that if Taiwan were invaded, global supply chains would be disrupted. Therefore, he said, Taiwan will strengthen its national defense, prevent war by preparing for war, and achieve the goal of peace. The president also noted that Taiwan’s purpose for developing drones is based on national security and industrial needs, and that Taiwan hopes to collaborate with Japan. He then reiterated that China’s threats are an international problem, and expressed hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war. Following is the text of the questions and the president’s responses: Q: How do you feel as you are about to round out your first year in office? President Lai: When I was young, I was determined to practice medicine and save lives. When I left medicine to go into politics, I was determined to transform Taiwan. And when I was sworn in as president on May 20 last year, I was determined to strengthen the nation. Time flies, and it has already been a year. Although the process has been very challenging, I am deeply honored to be a part of it. I am also profoundly grateful to our citizens for allowing me the opportunity to give back to our country. The future will certainly be full of more challenges, but I will do everything I can to unite the people and continue strengthening the nation. That is how I am feeling now. Q: We are now coming up on the 80th anniversary of the end of World War II, and over this period, we have often heard that conflict between Taiwan and the mainland is imminent. Do you personally believe that a cross-strait conflict could happen? President Lai: The international community is very much aware that China intends to replace the US and change the world’s rules-based international order, and annexing Taiwan is just the first step. So, as China’s military power grows stronger, some members of the international community are naturally on edge about whether a cross-strait conflict will break out. The international community must certainly do everything in its power to avoid a conflict in the Taiwan Strait; there is too great a cost. Besides causing direct disasters to both Taiwan and China, the impact on the global economy would be even greater, with estimated losses of US$10 trillion from war alone – that is roughly 10 percent of the global GDP. Additionally, 20 percent of global shipping passes through the Taiwan Strait and surrounding waters, so if a conflict breaks out in the strait, other countries including Japan and Korea would suffer a grave impact. For Japan and Korea, a quarter of external transit passes through the Taiwan Strait and surrounding waters, and a third of the various energy resources and minerals shipped back from other countries pass through said areas. If Taiwan were invaded, global supply chains would be disrupted, and therefore conflict in the Taiwan Strait must be avoided. Such a conflict is indeed avoidable. I am very thankful to Prime Minister of Japan Ishiba Shigeru and former Prime Ministers Abe Shinzo, Suga Yoshihide, and Kishida Fumio, as well as US President Donald Trump and former President Joe Biden, and the other G7 leaders, for continuing to emphasize at international venues that peace and stability across the Taiwan Strait are essential components for global security and prosperity. When everyone in the global democratic community works together, stacking up enough strength to make China’s objectives unattainable or to make the cost of invading Taiwan too high for it to bear, a conflict in the strait can naturally be avoided. Q: As you said, President Lai, maintaining peace and stability across the Taiwan Strait is also very important for other countries. How can war be avoided? What sort of countermeasures is Taiwan prepared to take to prevent war? President Lai: As Mr. Sakurai mentioned earlier, we are coming up on the 80th anniversary of the end of WWII. There are many lessons we can take from that war. First is that peace is priceless, and war has no winners. From the tragedies of WWII, there are lessons that humanity should learn. We must pursue peace, and not start wars blindly, as that would be a major disaster for humanity. In other words, we must be determined to safeguard peace. The second lesson is that we cannot be complacent toward authoritarian powers. If you give them an inch, they will take a mile. They will keep growing, and eventually, not only will peace be unattainable, but war will be inevitable. The third lesson is why WWII ended: It ended because different groups joined together in solidarity. Taiwan, Japan, and the Indo-Pacific region are all directly subjected to China’s threats, so we hope to be able to join together in cooperation. This is why we proposed the Four Pillars of Peace action plan. First, we will strengthen our national defense. Second, we will strengthen economic resilience. Third is standing shoulder to shoulder with the democratic community to demonstrate the strength of deterrence. Fourth is that as long as China treats Taiwan with parity and dignity, Taiwan is willing to conduct exchanges and cooperate with China, and seek peace and mutual prosperity. These four pillars can help us avoid war and achieve peace. That is to say, Taiwan hopes to achieve peace through strength, prevent war by preparing for war, keeping war from happening and pursuing the goal of peace. Q: Regarding drones, everyone knows that recently, Taiwan has been actively researching, developing, and introducing drones. Why do you need to actively research, develop, and introduce new drones at this time? President Lai: This is for two purposes. The first is to meet national security needs. The second is to meet industrial development needs. Because Taiwan, Japan, and the Philippines are all part of the first island chain, and we are all democratic nations, we cannot be like an authoritarian country like China, which has an unlimited national defense budget. In this kind of situation, island nations such as Taiwan, Japan, and the Philippines should leverage their own technologies to develop national defense methods that are asymmetric and utilize unmanned vehicles. In particular, from the Russo-Ukrainian War, we see that Ukraine has successfully utilized unmanned vehicles to protect itself and prevent Russia from unlimited invasion. In other words, the Russo-Ukrainian War has already proven the importance of drones. Therefore, the first purpose of developing drones is based on national security needs. Second, the world has already entered the era of smart technology. Whether generative, agentic, or physical, AI will continue to develop. In the future, cars and ships will also evolve into unmanned vehicles and unmanned boats, and there will be unmanned factories. Drones will even be able to assist with postal deliveries, or services like Uber, Uber Eats, and foodpanda, or agricultural irrigation and pesticide spraying. Therefore, in the future era of comprehensive smart technology, developing unmanned vehicles is a necessity. Taiwan, based on industrial needs, is actively planning the development of drones and unmanned vehicles. I would like to take this opportunity to express Taiwan’s hope to collaborate with Japan in the unmanned vehicle industry. Just as we do in the semiconductor industry, where Japan has raw materials, equipment, and technology, and Taiwan has wafer manufacturing, our two countries can cooperate. Japan is a technological power, and Taiwan also has significant technological strengths. If Taiwan and Japan work together, we will not only be able to safeguard peace and stability in the Taiwan Strait and security in the Indo-Pacific region, but it will also be very helpful for the industrial development of both countries. Q: The drones you just described probably include examples from the Russo-Ukrainian War. Taiwan and China are separated by the Taiwan Strait. Do our drones need to have cross-sea flight capabilities? President Lai: Taiwan does not intend to counterattack the mainland, and does not intend to invade any country. Taiwan’s drones are meant to protect our own nation and territory. Q: Former President Biden previously stated that US forces would assist Taiwan’s defense in the event of an attack. President Trump, however, has yet to clearly state that the US would help defend Taiwan. Do you think that in such an event, the US would help defend Taiwan? Or is Taiwan now trying to persuade the US? President Lai: Former President Biden and President Trump have answered questions from reporters. Although their responses were different, strong cooperation with Taiwan under the Biden administration has continued under the Trump administration; there has been no change. During President Trump’s first term, cooperation with Taiwan was broader and deeper compared to former President Barack Obama’s terms. After former President Biden took office, cooperation with Taiwan increased compared to President Trump’s first term. Now, during President Trump’s second term, cooperation with Taiwan is even greater than under former President Biden. Taiwan-US cooperation continues to grow stronger, and has not changed just because President Trump and former President Biden gave different responses to reporters. Furthermore, the Trump administration publicly stated that in the future, the US will shift its strategic focus from Europe to the Indo-Pacific. The US secretary of defense even publicly stated that the primary mission of the US is to prevent China from invading Taiwan, maintain stability in the Indo-Pacific, and thus maintain world peace. There is a saying in Taiwan that goes, “Help comes most to those who help themselves.” Before asking friends and allies for assistance in facing threats from China, Taiwan must first be determined and prepared to defend itself. This is Taiwan’s principle, and we are working in this direction, making all the necessary preparations to safeguard the nation. Q: I would like to ask you a question about Taiwan-Japan relations. After the Great East Japan Earthquake in 2011, you made an appeal to give Japan a great deal of assistance and care. In particular, you visited Sendai to offer condolences. Later, you also expressed condolences and concern after the earthquakes in Aomori and Kumamoto. What are your expectations for future Taiwan-Japan exchanges and development? President Lai: I come from Tainan, and my constituency is in Tainan. Tainan has very deep ties with Japan, and of course, Taiwan also has deep ties with Japan. However, among Taiwan’s 22 counties and cities, Tainan has the deepest relationship with Japan. I sincerely hope that both of you and your teams will have an opportunity to visit Tainan. I will introduce Tainan’s scenery, including architecture from the era of Japanese rule, Tainan’s cuisine, and unique aspects of Tainan society, and you can also see lifestyles and culture from the Showa era.  The Wushantou Reservoir in Tainan was completed by engineer Mr. Hatta Yoichi from Kanazawa, Japan and the team he led to Tainan after he graduated from then-Tokyo Imperial University. It has nearly a century of history and is still in use today. This reservoir, along with the 16,000-km-long Chianan Canal, transformed the 150,000-hectare Chianan Plain into Taiwan’s premier rice-growing area. It was that foundation in agriculture that enabled Taiwan to develop industry and the technology sector of today. The reservoir continues to supply water to Tainan Science Park. It is used by residents of Tainan, the agricultural sector, and industry, and even the technology sector in Xinshi Industrial Park, as well as Taiwan Semiconductor Manufacturing Company. Because of this, the people of Tainan are deeply grateful for Mr. Hatta and very friendly toward the people of Japan. A major earthquake, the largest in 50 years, struck Tainan on February 6, 2016, resulting in significant casualties. As mayor of Tainan at the time, I was extremely grateful to then-Prime Minister Abe, who sent five Japanese officials to the disaster site in Tainan the day after the earthquake. They were very thoughtful and asked what kind of assistance we needed from the Japanese government. They offered to provide help based on what we needed. I was deeply moved, as former Prime Minister Abe showed such care, going beyond the formality of just sending supplies that we may or may not have actually needed. Instead, the officials asked what we needed and then provided assistance based on those needs, which really moved me. Similarly, when the Great East Japan Earthquake of 2011 or the later Kumamoto earthquakes struck, the people of Tainan, under my leadership, naturally and dutifully expressed their support. Even earlier, when central Taiwan was hit by a major earthquake in 1999, Japan was the first country to deploy a rescue team to the disaster area. On February 6, 2018, after a major earthquake in Hualien, former Prime Minister Abe appeared in a video holding up a message of encouragement he had written in calligraphy saying “Remain strong, Taiwan.” All of Taiwan was deeply moved. Over the years, Taiwan and Japan have supported each other when earthquakes struck, and have forged bonds that are family-like, not just neighborly. This is truly valuable. In the future, I hope Taiwan and Japan can be like brothers, and that the peoples of Taiwan and Japan can treat one another like family. If Taiwan has a problem, then Japan has a problem; if Japan has a problem, then Taiwan has a problem. By caring for and helping each other, we can face various challenges and difficulties, and pursue a brighter future. Q: President Lai, you just used the phrase “If Taiwan has a problem, then Japan has a problem.” In the event that China attempts to invade Taiwan by force, what kind of response measures would you hope the US military and Japan’s Self-Defense Forces take? President Lai: As I just mentioned, annexing Taiwan is only China’s first step. Its ultimate objective is to change the rules-based international order. That being the case, China’s threats are an international problem. So, I would very much hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war – prevention, after all, is more important than cure.

    MIL OSI Asia Pacific News –

    July 22, 2025
  • MIL-OSI Russia: German companies pledge to invest €631bn to boost economic confidence

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    BERLIN, July 22 (Xinhua) — More than 60 leading German companies, including Siemens and Deutsche Bank, pledged on Monday to invest 631 billion euros (735 billion U.S. dollars) in the country by 2028 as part of a joint effort to restore investor confidence, German newspaper Handelsblatt reported.

    The initiative, called “Made for Germany,” will be formally presented to German Chancellor Friedrich Merz and Finance Minister Lars Klingbeil later on Monday. It includes capital expenditure, research and development costs, and commitments from international investors.

    The announcement comes as Germany seeks to reverse sluggish economic growth and attract private capital, helped in part by recent changes in fiscal policy and the creation of a special fund for infrastructure investment.

    High energy prices and structural problems are reducing the competitiveness of Germany’s industry, prompting growing calls for deeper reforms.

    “We need political courage for structural change, and decisive steps must follow,” Siemens CEO Roland Busch told the Handelsblatt newspaper. “But we also need companies that believe in Germany and are willing to invest. All this must come together quickly to gain momentum.”

    Companies involved in the initiative plan to lobby the government for faster approval procedures for infrastructure projects and tougher measures to address labor shortages, he added. –0–

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

    July 22, 2025
  • MIL-OSI Asia-Pac: Monetary Authority takes disciplinary actions against three banks for contraventions of Anti-Money Laundering and Counter-Terrorist Financing Ordinance

    Source: Hong Kong Government special administrative region

    The following is issued on behalf of the Hong Kong Monetary Authority:

    The Hong Kong Monetary Authority (HKMA) announced today (July 22) that it had completed investigations and disciplinary proceedings under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Chapter 615 of the Laws of Hong Kong) (AMLO) in relation to three banks: Indian Overseas Bank, Hong Kong Branch (IOBHK), Bank of Communications (Hong Kong) Limited (BCOM(HK)) and Bank of Communications Co., Ltd., Hong Kong Branch (BCOM Hong Kong Branch).

    The Monetary Authority (MA) has: (i) reprimanded IOBHK; (ii) ordered IOBHK to conduct a look-back review of past transactions, and develop and implement a remedial plan to address the contraventions; and (iii) imposed a pecuniary penalty of HK$8,500,000 on IOBHK. Separately, the MA has imposed pecuniary penalties of HK$4,000,000 on BCOM(HK) and HK$3,700,000 on BCOM Hong Kong Branch. Details of the disciplinary actions against each of the three banks are set out in the respective Statements of Disciplinary Action attached.

    The disciplinary actions (Note) follow investigations by the HKMA into the banks’ systems and controls for compliance with the AMLO. The control deficiencies identified related to failures to establish and maintain effective procedures for continuously monitoring business relationships with customers. 

    There were significant deficiencies in IOBHK’s transaction monitoring mechanism and management oversight of the bank’s anti-money laundering and counter-financing of terrorism (AML/CFT) controls.

    The contraventions of BCOM(HK) and BCOM Hong Kong Branch arose from omissions to load certain types of transactions into the transaction monitoring system shared by the two banks, undermining the system’s effectiveness in identifying potentially suspicious activities.

    In deciding the disciplinary actions, the MA has taken into account the relevant circumstances and factors, including:
     

    1. the seriousness of the investigation findings; 
    2. the need to send a clear deterrent message to the three banks and the industry about the importance of having effective controls and procedures to address money laundering and terrorist financing risks; 
    3. where applicable, the remedial measures taken by the banks to address the deficiencies identified; and 
    4. the three banks have no previous disciplinary record in relation to the AMLO and co-operated with the HKMA during the investigations and enforcement proceedings.

    The Executive Director (Enforcement and AML) of the HKMA, Mr Raymond Chan, said, “Effective transaction monitoring enables timely identification and reporting of suspicious transactions and thus is an essential component of banks’ AML/CFT controls. Bank management should ensure that proper transaction monitoring systems and processes are in place and any identified deficiencies are addressed promptly.”

    Relevant links:
    Statement of Disciplinary Action (IOBHK)
    Statement of Disciplinary Action (BCOM(HK))
    Statement of Disciplinary Action (BCOM Hong Kong Branch)

    Note: The disciplinary actions are taken under section 21 of the AMLO. The AMLO imposes customer due diligence and record-keeping requirements on specified financial institutions, including authorized institutions, and designated non-financial businesses and professions. The MA is the relevant authority for authorized institutions under the AMLO.

    MIL OSI Asia Pacific News –

    July 22, 2025
  • MIL-OSI Asia-Pac: Monetary Authority takes disciplinary action against 33 Financial Services Limited for contravention of Payment Systems and Stored Value Facilities Ordinance

    Source: Hong Kong Government special administrative region

    Monetary Authority takes disciplinary action against 33 Financial Services Limited for contravention of Payment Systems and Stored Value Facilities Ordinance 
    The disciplinary action (Note 1) follows an investigation by the HKMA which found that, during the period from December 1, 2019 to August 31, 2023, 33FS failed to have in place adequate and appropriate systems of control to comply with the relevant paragraphs of the Guideline on Anti-Money Laundering and Counter-Financing of Terrorism (For Stored Value Facility (SVF) Licensees) (Guideline) (Note 2).
     
    Specifically, the contravention relates to deficiencies in 33FS’ systems of control in three areas, namely:
          In deciding the disciplinary action, the MA has taken into account the relevant circumstances and factors, including:
          The Executive Director (Enforcement and AML) of the HKMA, Mr Raymond Chan, said, “CDD measures are crucial for combatting ML and TF risks. Verifying the identity of customers and understanding the purpose and intended nature of the business relationships are essential elements of CDD measures. SVF licensees should ensure that they have effective CDD measures in place.”
     
    Relevant link: Statement of Disciplinary Action  
    Note 1: The disciplinary action is taken under section 33Q of the PSSVFO.

    Note 2: Paragraphs 4.6.1, 4.1.3(a), 4.1.3(d), 4.4.4, and 4.3.16 of the Guideline (October 2018 version and September 2020 version).
    Issued at HKT 17:07

    NNNN

    CategoriesMIL-OSI

    MIL OSI Asia Pacific News –

    July 22, 2025
  • MIL-OSI: ReconAfrica Provides a Corporate Operational Update

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, July 22, 2025 (GLOBE NEWSWIRE) — Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) provides an operational update on the Kavango West 1X exploration prospect and announces the resignation of Iman Hill as a Corporate Director of the Company effective July 31, 2025.

    Kavango West 1X (Prospect I) – Spud scheduled before end of July

    The drilling rig has been safely moved on-site and all necessary permits required to spud the well have been received by the Company from the various regulators. Final drill-rig assembly and safety checks are underway and the Kavango West 1X exploration well is scheduled to spud before the end of July. The well is planned to reach total depth (TD) of approximately 3,800 metres (12,500 feet) and is expected to penetrate over 1,500 metres of Otavi carbonate reservoir section, which is the primary target of the Damara Fold Belt play.

    The Kavango West 1X exploration well will be the second test in the expansive Damara Fold Belt play. The prospect is a large structural fold identified on modern 2D seismic data, which extends over 22 kilometers long by three kilometers wide. The Company has identified over 19 prospects and leads mapped in the Damara Fold Belt trend, with an additional 5.0 million acres captured in a recently executed Memorandum of Understanding in offsetting Angola.

    Brian Reinsborough, President and CEO of ReconAfrica stated: “Everyone at the Company has worked diligently to get drill-ready on the Kavango West 1X prospect and we are excited to spud the well in the coming days. We recognize the importance of this play opening well holds for our shareholders, the local communities in which we operate and the broader energy industry in Namibia. We are committed to remaining engaged with local communities and authorities and to ensuring the safe and efficient operation of this well.”

    Board of Directors Update

    Iman Hill, who was appointed a Director of ReconAfrica in August 2023, has resigned from the Board of Directors effective July 31, 2025, due to foreign work obligations. Following Iman’s resignation, the Board of Directors will consist of five members, three of whom are independent directors. Currently, the Board of Directors intends to remain at five seats.

    Diana McQueen, Board Chair of ReconAfrica commented: “We thank Iman for her work and guidance over the past two years and wish her well in her future endeavors.

    With respect to the Kavango West 1X well, ReconAfrica wishes to thank all community and regulatory stakeholders in Namibia for working with the Company to bring the well to the current drill-ready stage. ReconAfrica remains engaged with its stakeholders and is focused on operations that are safe for all employees and neighbouring communities, as well as wildlife and the environment.”

    About ReconAfrica

    ReconAfrica is a Canadian oil and gas company engaged in the exploration of the Damara Fold Belt and Kavango Rift Basin in the Kalahari Desert of northeastern Namibia, southeastern Angola and northwestern Botswana, where the Company holds petroleum licences comprising ~13 million contiguous acres. In all aspects of its operations, ReconAfrica is committed to minimal disturbance of habitat in line with international standards and implementing environmental and social best practices in its project areas.

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

    For further information contact:
    Brian Reinsborough, President and Chief Executive Officer
    Mark Friesen, Managing Director, Investor Relations & Capital Markets

    IR Inquiries Email: investors@reconafrica.com

    Media Inquiries Email: media@reconafrica.com

    Tel: +1-877-631-1160

    Cautionary Note Regarding Forward-Looking Statements:

    Certain statements contained in this press release constitute forward-looking information under applicable Canadian, United States and other applicable securities laws, rules and regulations, including, without limitation, statements with respect to the expected including timing of spud of the Kavango West 1X well, the well being drilled to a planned total depth of approximately 3,800 metres (12,500 feet), timing to reach total depth of the well and the Company’s commitment to minimal disturbance of habitat, in line with best international standards and its implementation of environmental and social best practices in its project areas. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on ReconAfrica’s current belief or assumptions as to the outcome and timing of such future events. There can be no assurance that such statements will prove to be accurate, as the Company’s actual results and future events could differ materially from those anticipated in these forward-looking statements as a result of the factors discussed in the “Risk Factors” section in the Company’s annual information form (“AIF”) dated April 29, 2025 for the financial period ended December 31, 2024, available under the Company’s profile at www.sedarplus.ca. Actual future results may differ materially. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to ReconAfrica. The forward-looking information contained in this release is made as of the date hereof and ReconAfrica undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

    The MIL Network –

    July 22, 2025
  • MIL-OSI: Altcoin Buzz Grows as Bitcoin Swift Breaks 500 Investors in First Presale Stage

    Source: GlobeNewswire (MIL-OSI)

    LUXEMBOURG, July 22, 2025 (GLOBE NEWSWIRE) — In a crypto world often dominated by hype, few stories combine substance, innovation, and timing quite like Bitcoin Swift. What began as a modest initiative built around programmable mining and AI governance is rapidly transforming into one of the most closely watched blockchain launches of the year. With over 500 investors joining during the first stage of its presale, Bitcoin Swift is turning heads across the altcoin space and signaling a shift in what the next generation of blockchain infrastructure might look like.

    The attention isn’t merely about numbers. It’s about what those numbers represent. This surge reflects rising demand for decentralized financial ecosystems that go beyond speculation and meme-driven momentum. In the middle of this evolution, Bitcoin Swift stands out with a platform engineered to deliver AI-powered decision-making, scalable validator coordination, and a privacy-first DeFi architecture.

    Bitcoin Swift’s Core Technology Attracts Builders and Backers

    At the heart of Bitcoin Swift (BTC3) lies a layered design that combines legacy reliability with next-gen innovation. Bitcoin Swift blends Proof-of-Work and Proof-of-Stake for security and efficiency. It’s programmable Proof-of-Yield mining adapts rewards in real time, while AI-driven contracts evolve with network behavior.

    Key highlights of BTC3’s architecture:

    • Hybrid PoW and PoS for security and governance
    • Dynamic Proof-of-Yield mining with AI-verified metrics
    • WASM smart contracts with adaptive AI agents
    • Federated AI oracles feed real-time data
    • AI screens proposals before governance votes
    • Audited by Spywolf and Solidproof, And KYC verified contributors.
    • Community updates via Telegram

    One of the Shortest Presales in Crypto Is Already Delivering

    The Bitcoin Swift presale is gaining momentum thanks to its unique structure. With only 62 days total across all stages, BTC3 offers one of the shortest presale windows in the industry. Stage 1 is already live at just $1.00, with the next stage rising to $2.00 and a confirmed launch price at $15.00. Stage 1 participants are already benefiting from the Proof-of-Yield system, earning mining rewards at the end of each presale stage. This isn’t speculation. It’s a system built to reward action from day one.

    Unlike projects that leave users waiting for utility, Bitcoin Swift ties participation directly to output through programmable mining rewards. This has helped solidify BTC3 as one of the most talked-about blockchain launches of the year. Thousands are already tracking updates through Bitcoin Swift and the official Telegram, signaling strong demand and growing network effects.

    AI-Powered Privacy and Stablecoin Utility Complete the Picture

    Beyond infrastructure and mining, Bitcoin Swift has positioned itself as a leader in responsible DeFi through its AI-integrated privacy system and stablecoin architecture. Users can transact using a shielded ledger supported by zk-transfer proofs, ensuring their financial behavior remains private while still compliant with regulatory demands. Identity verification happens through decentralized ID systems that allow users to prove attributes without revealing them.

    To support stable transactions within the ecosystem, Bitcoin Swift will also introduce BTC3U, a USD-pegged overcollateralized stablecoin. Minted by locking BTC3 into smart contracts, BTC3U remains stable through a 150%+ collateral ratio, enforced by real-time updates from AI price oracles. Liquidations, if required, are automatically executed through smart contracts. All key parameters, from stability fees to emergency thresholds, are governed by the community using AI-assisted proposal screening.

    With Bitcoin Swift’s hybrid model and AI integration, conversations have sparked across the crypto space. Influencers like Crypto Sister are giving it the spotlight through in-depth reviews.

    Conclusion

    Bitcoin Swift is not just another blockchain project trying to ride the wave of AI. It is a protocol that fundamentally rethinks how mining, privacy, governance, and scalability can work together in a single architecture. The fact that more than 500 investors joined within the first presale stage is a reflection of growing confidence in what BTC3 represents. As programmable mining meets federated AI, and privacy combines with utility, Bitcoin Swift is charting a course that few others in the crypto world are even prepared to imagine.

    For more information on Bitcoin Swift:
    Website: https://bitcoinswift.com

    Contact:
    Luc Schaus
    support@bitcoinswift.com

    Disclaimer: This content is provided by Bitcoin Swift. 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/22726576-b39b-4d9e-89d3-c70c02109939

    https://www.globenewswire.com/NewsRoom/AttachmentNg/67d85c5b-63a3-44dd-a26e-46febe0ff3e2

    https://www.globenewswire.com/NewsRoom/AttachmentNg/15d371a9-7246-4916-bd98-dc1df48380ae

    The MIL Network –

    July 22, 2025
  • MIL-OSI: Form 8.5 (EPT/RI) – Apax Global Alpha Limited

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.5 (EPT/RI)

    PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY
    Rule 8.5 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)        Name of exempt principal trader: Investec Bank plc
    (b)        Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree
    Apax Global Alpha Limited
    (c)        Name of the party to the offer with which exempt principal trader is connected: Investec is Joint Broker to Apax Global Alpha Limited
    (d)        Date dealing undertaken: 21st July 2025
    (e)        In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer?
            If it is a cash offer or possible cash offer, state “N/A”
    N/A

    2.        DEALINGS BY THE EXEMPT PRINCIPAL TRADER

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchases/ sales Total number of securities Highest price per unit paid/received Lowest price per unit paid/received

    Ordinary

    Purchases

    2,056,411

    163.296 156.4

    Ordinary

    Sales

    1,809,485

    164 139.8

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD
    Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position
    Number of reference securities Price per unit
    N/A N/A N/A N/A N/A

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.
    Expiry date Option money paid/ received per unit
    N/A N/A N/A N/A N/A N/A N/A N/A

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option
    Exercising/ exercised against Number of securities Exercise price per unit
    N/A N/A N/A N/A N/A

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion
    Details Price per unit (if applicable)
    N/A N/A N/A N/A

    3.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    None

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to:
    (i)        the voting rights of any relevant securities under any option; or
    (ii)        the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”
    None
    Date of disclosure: 22ndJuly 2025
    Contact name: Abhishek Gawde
    Telephone number: +91-9923757332

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s dealing disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network –

    July 22, 2025
  • MIL-OSI: Form 8.5 (EPT/RI) – Apax Global Alpha Limited

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.5 (EPT/RI)

    PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY
    Rule 8.5 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)        Name of exempt principal trader: Investec Bank plc
    (b)        Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree
    Apax Global Alpha Limited
    (c)        Name of the party to the offer with which exempt principal trader is connected: Investec is Joint Broker to Apax Global Alpha Limited
    (d)        Date dealing undertaken: 21st July 2025
    (e)        In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer?
            If it is a cash offer or possible cash offer, state “N/A”
    N/A

    2.        DEALINGS BY THE EXEMPT PRINCIPAL TRADER

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchases/ sales Total number of securities Highest price per unit paid/received Lowest price per unit paid/received

    Ordinary

    Purchases

    2,056,411

    163.296 156.4

    Ordinary

    Sales

    1,809,485

    164 139.8

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD
    Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position
    Number of reference securities Price per unit
    N/A N/A N/A N/A N/A

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.
    Expiry date Option money paid/ received per unit
    N/A N/A N/A N/A N/A N/A N/A N/A

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option
    Exercising/ exercised against Number of securities Exercise price per unit
    N/A N/A N/A N/A N/A

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion
    Details Price per unit (if applicable)
    N/A N/A N/A N/A

    3.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    None

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to:
    (i)        the voting rights of any relevant securities under any option; or
    (ii)        the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”
    None
    Date of disclosure: 22ndJuly 2025
    Contact name: Abhishek Gawde
    Telephone number: +91-9923757332

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s dealing disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network –

    July 22, 2025
  • MIL-OSI: HEGE Listed on Bitrue Alpha as Animal Memecoin Sector Sees Renewed Attention

    Source: GlobeNewswire (MIL-OSI)

    LONDON, July 22, 2025 (GLOBE NEWSWIRE) — Singapore-based exchange Bitrue has officially listed HEGE on its new Bitrue Alpha platform today, July 21. Bitrue, launched in July 2018 and now supporting over 700 cryptocurrencies, adds HEGE to its growing roster of assets, providing expanded access and liquidity for global users.

    This milestone comes amid a broader resurgence in animal‑based memecoins. Over the past seven days, the global market cap of animal-themed memecoins has risen by 8.95%, while trading volume across the sector has surged by 101%, underscoring renewed interest and participation worldwide.

    Within that same period, HEGE itself has climbed 11.6%, reflecting growing attention and engagement from its community.

    This milestone arrives as interest in long‑term community‑driven memecoins continues to rise. HEGE, a hedgehog‑themed token on the Solana blockchain, has steadily evolved beyond a typical meme asset into what its community calls a brandcoin, blending on‑chain culture with off‑chain brand development.

    Timely Expansion: Bitrue Alpha Listing

    With the listing on Bitrue Alpha, HEGE holders and new participants alike gain access to one of Asia’s leading trading platforms, known for its broad asset support and strong infrastructure. Bitrue Alpha offers enhanced trading features and improved visibility for emerging projects, positioning HEGE for its next phase of growth.

    The team behind HEGE commented, “Today’s listing on Bitrue Alpha is another step in bringing HEGE to a broader global audience. We’re excited to expand our reach and continue building a project rooted in culture and creativity.”

    Building Beyond a Memecoin

    Launched over 15 months ago, HEGE has established itself through consistent community initiatives and an expanding ecosystem. Rather than operating as a short‑term meme, the project has focused on brand‑building and delivering creative content.

    Key highlights of the HEGE ecosystem include:

    • Hegends NFT Collection – Lore-based characters including Hege, Hegena, and Hendrix
    • Merchandise Store – A newly launched collection of on‑brand apparel and collectibles
    • Original Animated Content – HEGE is finalizing a contract with a professional studio to produce over 20 high‑quality animations in the coming weeks. All content is fully custom, from pre‑production through final output, and entirely non‑AI generated
    • Community Campaigns – Weekly raids, meme contests, and social challenges
    • Consistent Branding – A narrative universe positioning HEGE as more than just a meme

    A Market Ready for Growth

    As the broader cryptocurrency market gains traction and liquidity continues to flow across exchanges, projects with strong community foundations and creative direction are finding new opportunities. The Bitrue Alpha listing marks an important step for HEGE as it extends its presence to a wider global audience.

    About HEGE:

    Website: https://www.hegecoin.com
    Twitter/X: @HegeCoin
    Media Contact: marketing@hegecoin.com

    Disclaimer: This press release is provided by HegeCoin. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector–including cryptocurrency, NFTs, and mining–complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.Speculate only with funds that you can afford to lose.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.
    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/101c3cd7-f41f-41ab-9600-2caeb59a0d94

    https://www.globenewswire.com/NewsRoom/AttachmentNg/f5e8f068-4bc9-4851-b8ad-1f1312d01304

    https://www.globenewswire.com/NewsRoom/AttachmentNg/047c8917-08f3-4395-9a2b-d2e0fe6b0c72

    The MIL Network –

    July 22, 2025
  • MIL-OSI: ALL4 Mining Users Riding the Wave: Converting Market Hotspots into Daily Cryptocurrency Income

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, July 22, 2025 (GLOBE NEWSWIRE) —

    As digital assets take center stage in global finance, XRP has once again emerged as a market leader, attracting strong interest from both retail and institutional investors. With legal hurdles resolved and its solid adoption in the international financial sector, XRP has become one of the top cryptocurrencies to watch in 2025. While XRP itself cannot be mined due to its unique consensus algorithm, savvy investors are taking advantage of its bullish influence through innovative platforms like ALL4 Mining, a cloud mining service provider that makes cryptocurrency gains easily accessible to everyone from newbies to experienced investors.

    Key Features Include:
    ✅ Eco-Friendly Mining Operations
     Powered by renewable energy, ALL4 Mining ensures that users earn sustainably while reducing environmental impact.
    ✅ Low Minimum Investment
     With entry points starting at just $100, the platform welcomes both newcomers and professional investors alike.
    ✅ High-Earning Daily Returns
     Flexible contract durations and attractive daily payouts — with some options offering returns of up to $7,050 per day.
    ✅ Real-Time Mining Dashboard
     Monitor earnings and performance 24/7 through a secure, intuitive interface.
    ✅ Enterprise-Grade Security
     The platform employs advanced encryption and data protection protocols to safeguard your assets and information.
    Popular Mining Contract Options on ALL4 Mining
    ALL4 Mining provides a range of mining contract packages, designed to match every investment profile:

    BTC basic computing power: investment amount: $100, contract period: 2 days, daily income of $4.0, expiration income: $100 + $8

    LTC [classic computing power contract]: investment amount: $600, contract period: 6 days, daily income of $7.2, expiration income: $600 + $43.2

    BTC [classic computing power contract]: investment amount: $3,000, contract period: 20 days, daily income of $42, expiration income: $3,000 + $840

    DOGE [classic computing power contract]: investment amount: $5,000, contract period: 31 days, daily income of $74, expiration income: $5,000 + $2,294

    BTC [advanced computing power contract]: investment amount: $10,000, contract period: 40 days, daily income of $170, expiration income: $10,000 + $680

    BTC [advanced computing power contract]: investment amount: 50,000 USD, contract period: 48 days, daily income: USD 930, maturity income: USD 50,000 + USD 44,640

    BTC [Super Computing Power Contract]: Investment amount: USD 150,000, contract period: 45 days, daily income: USD 3,000, maturity income: USD 150,000 + USD 135,000

    Large-scale investors can explore premium packages, such as $300,000 contracts, which deliver over $288,000 in profits in just 40 days.
    Getting Started Is Simple — No Hardware or Technical Skills Needed
    ALL4 Mining makes cloud mining accessible in just a few easy steps:
    1. Sign Up at ALL4 Mining’s official website.
    2. Claim Your Free $15 Bonus — no deposit required.
    3. Choose Your Contract based on your investment goals.
    4. Begin Earning daily returns instantly, with zero maintenance hassles.
    A dedicated 24/7 support team is available to assist users at any point in their mining journey.

    Final Thoughts: Earn Smarter During XRP’s Breakout Year
    XRP has once again proven itself to be a transformative force in the cryptocurrency space – not just in the speculative space, but as a foundational tool for financial infrastructure. Its rally in 2025 is catalyzing growth across the industry, and ALL4 Mining users are well-positioned to capitalize on this momentum.
    With ALL4 Mining’s secure, scalable, and environmentally friendly cloud mining services, investors can directly benefit from the surge in cryptocurrencies – even if they can’t mine XRP themselves. With low barriers to entry and high-yield contract options, now is the perfect time to turn market hype into actual passive income.
    Don’t wait for the next wave to pass. Visit ALL4 Mining today and start building your digital wealth.

    Media Contacts
    ALL4 Mining PR Team
    Email: info@all4mining.com
    Website: https://all4mining.com/
    App Download: https://all4mining.com/xml/index.html#/app

    Attachment

    • All4 mining

    The MIL Network –

    July 22, 2025
  • MIL-OSI NGOs: Oxfam reaction to the communiqué of the third meeting of G20 Finance Ministers and Central Bank Governors under South African presidency

    Source: Oxfam –

    Reacting to the communique issued at the conclusion of 3rd G20 Finance Ministers and Central Bank Governors (FMCBG) meeting under the South African presidency, Nkateko Chauke, Interim Executive Director at Oxfam South Africa said:

    “Although the G20 acknowledged the need to reform the international tax system, it ignored the elephant in the room: the super-rich continue to evade taxes through legal loopholes and tax havens. Meanwhile governments in Africa and other low-income countries are forced to institute regressive taxes like VAT to raise more revenues, hence fuelling inequality and worsening poverty.

    “A fair global tax system must start by supporting the efforts of UN Tax Convention and ending the veto power of tax havens.

    “As droughts, floods, and climate devastation threaten the Global South and beyond, the G20’s inaction is a betrayal. They must urgently deliver on the Baku-to-Belém roadmap by securing public, grant-based climate finance, led by the richest polluters. Their focus on private finance and carbon markets dangerously evades responsibility, burdening the poorest. The money is there—it’s time to tax the super-rich and fossil fuel excessive profits.

    “We urge the G20 to follow the South African G20 Presidency’s call for solidarity, equality and sustainability. That includes backing bold proposals like taxing the super-rich, as supported in the Brazilian G20 Leaders’ Declaration and the recent UN Conference on Financing for Development in Seville. Fair taxation is essential to fight inequality and fund public services.”
     

    Oxfam’s latest report Africa’s inequality crisis and the rise of the super-rich reveals that at present, just four of Africa’s richest billionaires hold more wealth than half of the continent’s population combined.

    The report finds that the richest 5% in Africa hold nearly $4 trillion in wealth — more than double the combined wealth of the remaining 95%.

    It shows that an extra tax of 1% on wealth and 10% on income of Africa’s richest 1% could raise $66 billion annually — enough to close the funding gaps for free quality education and universal access to electricity.

    Despite worsening poverty, African governments remain the least committed globally to tackling inequality, and many are cutting spending on health, education and social protection to repay debt.

    Read the full report here.
     

    MIL OSI NGO –

    July 22, 2025
  • MIL-OSI: XRP’s Growing Momentum in the Crypto World: How ALL4 Mining Empowers Smarter Investments

    Source: GlobeNewswire (MIL-OSI)

    London, UK, July 22, 2025 (GLOBE NEWSWIRE) — XRP continues to stand out as a leading digital asset in the global crypto ecosystem. Known for its fast transaction speeds, low costs, and scalability, XRP is widely used for cross-border payments and is now gaining traction among both institutional and individual investors. As blockchain adoption accelerates, XRP is increasingly becoming a core holding in diversified cryptocurrency portfolios.
    In this evolving landscape, platforms like ALL4 Mining offer a practical solution for those looking to gain consistent exposure to the crypto market while avoiding the complexities of traditional mining or trading.
    ALL4 Mining: A Smarter Way to Engage with the Blockchain Economy
    ALL4 Mining is not just another mining platform—it’s a high-efficiency cloud mining ecosystem built for users who want to earn stable daily returns through clean energy and cutting-edge computing. As interest in assets like XRP rises, ALL4 Mining allows users to invest in the broader blockchain economy with ease, offering a reliable source of passive income.
    By using a cloud-based infrastructure, ALL4 Mining removes the need for physical mining setups and technical know-how. Instead, users lease computing power contracts online and begin earning rewards—backed by advanced security, real-time dashboards, and eco-conscious energy usage.

    Why XRP Deserves Your Attention in 2025
    XRP is designed to be more than just a digital currency. As a bridge asset for international transfers, XRP boasts high liquidity, low transaction fees, and growing institutional acceptance. Unlike Bitcoin or Ethereum, XRP does not rely on energy-heavy proof-of-work models, making it ideal for sustainable financial systems.
    This aligns with ALL4 Mining’s own commitment to green energy and efficient blockchain operations. While ALL4 Mining specializes in BTC, LTC, and DOGE mining, the platform’s overall approach to crypto investing complements the forward-looking nature of XRP.
    ALL4 Mining’s Key Features: Secure, Flexible, and Transparent
    ✔ Low Entry Barrier
    Users can start with as little as $100, making it easy to participate in the crypto economy without high upfront costs.
    ✔ Eco-Friendly Cloud Mining
    Powered by renewable energy, ALL4 Mining eliminates the carbon footprint traditionally associated with mining.
    ✔ Scalable Investment Options
    With multiple contract tiers, users can choose packages that suit their risk appetite and expected returns.
    ✔ Real-Time Monitoring
    Track performance and earnings through an intuitive dashboard that updates in real-time, ensuring full transparency.
    ✔ 24/7 Customer Support
    The platform offers round-the-clock assistance to address user concerns and provide investment guidance.
    ✔ Advanced Security Measures
    Using industry-standard SSL encryption, ALL4 Mining protects user data and financial assets from cyber threats.
    Available Mining Contracts on ALL4 Mining
    ALL4 Mining offers flexible contracts across various cryptocurrencies. While XRP mining isn’t directly available, these income-generating opportunities can be reinvested into XRP or used to build a diverse crypto portfolio.

    BTC basic computing power: investment amount: $100, contract period: 2 days, daily income of $4.0, expiration income: $100 + $8

    LTC [classic computing power contract]: investment amount: $600, contract period: 6 days, daily income of $7.2, expiration income: $600 + $43.2

    BTC [classic computing power contract]: investment amount: $3,000, contract period: 20 days, daily income of $42, expiration income: $3,000 + $840

    DOGE [classic computing power contract]: investment amount: $5,000, contract period: 31 days, daily income of $74, expiration income: $5,000 + $2,294

    BTC [advanced computing power contract]: investment amount: $10,000, contract period: 40 days, daily income of $170, expiration income: $10,000 + $680

    BTC [advanced computing power contract]: investment amount: 50,000 USD, contract period: 48 days, daily income: USD 930, maturity income: USD 50,000 + USD 44,640

    BTC [Super Computing Power Contract]: Investment amount: USD 150,000, contract period: 45 days, daily income: USD 3,000, maturity income: USD 150,000 + USD 135,000

    Users can register for free and receive a $15 bonus to begin testing the platform. With consistent returns and zero technical hurdles, it’s an ideal option for crypto investors looking for stable, daily passive income.
    XRP + ALL4 Mining: A Winning Strategy for Diversification
    While ALL4 Mining currently focuses on Bitcoin, Litecoin, and Dogecoin contracts, the passive income generated can be converted into XRP via external wallets or exchanges. This provides an excellent strategy for building a diversified crypto portfolio where XRP remains a key asset for long-term growth.
    Pairing ALL4 Mining’s cloud infrastructure with XRP’s market potential creates a win-win scenario for both novice and experienced investors. You benefit from consistent income and can accumulate XRP at your own pace—without active trading or speculative risks.
    Final Thoughts: Positioning for the Future of Crypto
    XRP is a vital part of the evolving blockchain economy, and as regulatory clarity improves, its utility will only grow. By using services like ALL4 Mining, crypto investors can build steady wealth streams while aligning with eco-conscious and scalable technologies.
    If you’re looking for a smarter, easier, and more stable way to navigate the crypto market—ALL4 Mining is your starting point. Earn daily, stay secure, and grow your XRP holdings 
    along the way.

    Visit the official site to learn more or get started: https://all4mining.com/
    Download the app today and take control of your crypto journey.

    Attachment

    • All4 mining

    The MIL Network –

    July 22, 2025
  • MIL-OSI: XRP’s Growing Momentum in the Crypto World: How ALL4 Mining Empowers Smarter Investments

    Source: GlobeNewswire (MIL-OSI)

    London, UK, July 22, 2025 (GLOBE NEWSWIRE) — XRP continues to stand out as a leading digital asset in the global crypto ecosystem. Known for its fast transaction speeds, low costs, and scalability, XRP is widely used for cross-border payments and is now gaining traction among both institutional and individual investors. As blockchain adoption accelerates, XRP is increasingly becoming a core holding in diversified cryptocurrency portfolios.
    In this evolving landscape, platforms like ALL4 Mining offer a practical solution for those looking to gain consistent exposure to the crypto market while avoiding the complexities of traditional mining or trading.
    ALL4 Mining: A Smarter Way to Engage with the Blockchain Economy
    ALL4 Mining is not just another mining platform—it’s a high-efficiency cloud mining ecosystem built for users who want to earn stable daily returns through clean energy and cutting-edge computing. As interest in assets like XRP rises, ALL4 Mining allows users to invest in the broader blockchain economy with ease, offering a reliable source of passive income.
    By using a cloud-based infrastructure, ALL4 Mining removes the need for physical mining setups and technical know-how. Instead, users lease computing power contracts online and begin earning rewards—backed by advanced security, real-time dashboards, and eco-conscious energy usage.

    Why XRP Deserves Your Attention in 2025
    XRP is designed to be more than just a digital currency. As a bridge asset for international transfers, XRP boasts high liquidity, low transaction fees, and growing institutional acceptance. Unlike Bitcoin or Ethereum, XRP does not rely on energy-heavy proof-of-work models, making it ideal for sustainable financial systems.
    This aligns with ALL4 Mining’s own commitment to green energy and efficient blockchain operations. While ALL4 Mining specializes in BTC, LTC, and DOGE mining, the platform’s overall approach to crypto investing complements the forward-looking nature of XRP.
    ALL4 Mining’s Key Features: Secure, Flexible, and Transparent
    ✔ Low Entry Barrier
    Users can start with as little as $100, making it easy to participate in the crypto economy without high upfront costs.
    ✔ Eco-Friendly Cloud Mining
    Powered by renewable energy, ALL4 Mining eliminates the carbon footprint traditionally associated with mining.
    ✔ Scalable Investment Options
    With multiple contract tiers, users can choose packages that suit their risk appetite and expected returns.
    ✔ Real-Time Monitoring
    Track performance and earnings through an intuitive dashboard that updates in real-time, ensuring full transparency.
    ✔ 24/7 Customer Support
    The platform offers round-the-clock assistance to address user concerns and provide investment guidance.
    ✔ Advanced Security Measures
    Using industry-standard SSL encryption, ALL4 Mining protects user data and financial assets from cyber threats.
    Available Mining Contracts on ALL4 Mining
    ALL4 Mining offers flexible contracts across various cryptocurrencies. While XRP mining isn’t directly available, these income-generating opportunities can be reinvested into XRP or used to build a diverse crypto portfolio.

    BTC basic computing power: investment amount: $100, contract period: 2 days, daily income of $4.0, expiration income: $100 + $8

    LTC [classic computing power contract]: investment amount: $600, contract period: 6 days, daily income of $7.2, expiration income: $600 + $43.2

    BTC [classic computing power contract]: investment amount: $3,000, contract period: 20 days, daily income of $42, expiration income: $3,000 + $840

    DOGE [classic computing power contract]: investment amount: $5,000, contract period: 31 days, daily income of $74, expiration income: $5,000 + $2,294

    BTC [advanced computing power contract]: investment amount: $10,000, contract period: 40 days, daily income of $170, expiration income: $10,000 + $680

    BTC [advanced computing power contract]: investment amount: 50,000 USD, contract period: 48 days, daily income: USD 930, maturity income: USD 50,000 + USD 44,640

    BTC [Super Computing Power Contract]: Investment amount: USD 150,000, contract period: 45 days, daily income: USD 3,000, maturity income: USD 150,000 + USD 135,000

    Users can register for free and receive a $15 bonus to begin testing the platform. With consistent returns and zero technical hurdles, it’s an ideal option for crypto investors looking for stable, daily passive income.
    XRP + ALL4 Mining: A Winning Strategy for Diversification
    While ALL4 Mining currently focuses on Bitcoin, Litecoin, and Dogecoin contracts, the passive income generated can be converted into XRP via external wallets or exchanges. This provides an excellent strategy for building a diversified crypto portfolio where XRP remains a key asset for long-term growth.
    Pairing ALL4 Mining’s cloud infrastructure with XRP’s market potential creates a win-win scenario for both novice and experienced investors. You benefit from consistent income and can accumulate XRP at your own pace—without active trading or speculative risks.
    Final Thoughts: Positioning for the Future of Crypto
    XRP is a vital part of the evolving blockchain economy, and as regulatory clarity improves, its utility will only grow. By using services like ALL4 Mining, crypto investors can build steady wealth streams while aligning with eco-conscious and scalable technologies.
    If you’re looking for a smarter, easier, and more stable way to navigate the crypto market—ALL4 Mining is your starting point. Earn daily, stay secure, and grow your XRP holdings 
    along the way.

    Visit the official site to learn more or get started: https://all4mining.com/
    Download the app today and take control of your crypto journey.

    Attachment

    • All4 mining

    The MIL Network –

    July 22, 2025
  • MIL-OSI: Press Release: GAM Strengthens European Presence with Appointment of Karim Carmoun to Lead France, Benelux and Monaco

    Source: GlobeNewswire (MIL-OSI)

    Zurich / Paris, 22 July 2025

    PRESS RELEASE

    GAM Strengthens European Presence with Appointment of Karim Carmoun to Lead France, Benelux and Monaco

    GAM Investments (GAM) has appointed Karim Carmoun as Managing Director to lead its activities across France, Benelux and Monaco. Based in Paris, Karim will report directly to GAM’s incoming Group Chief Distribution Officer, Tim Rainsford, who will re-join the firm on 1 October. Tim returns to GAM after holding senior roles at Generali Investments Partners as CEO, and most recently as Chief Product and Distribution Officer at Generali Asset Management.

    Karim’s appointment marks a key moment in GAM’s growth strategy in Europe, supported by NJJ Holding SA, the private investment group of French entrepreneur Xavier Niel and GAM’s majority shareholder.   

    Under new leadership, GAM is sharpening its focus on its Specialist Active, Alternatives and Wealth Management capabilities, giving clients access to top-tier investment talent and differentiated strategies. Combining in-house expertise with high-quality partnerships, GAM’s model connects professional investors to distinctive sources of return, backed by a global distribution platform and a renewed commitment to local client service. 

    Karim brings over 20 years of experience in asset management and a deep understanding of the French and Benelux markets. He spent the past decade at Robeco, where he served as CEO of Robeco France, following senior roles at Fidelity, Crédit Agricole, and BNP Paribas. He is widely recognised for his client-centric approach and ability to navigate evolving market conditions. 

    “I am proud to join GAM at this pivotal moment in its growth strategy,” said Karim Carmoun. “With the strong support of NJJ, we are focused on re-establishing GAM’s presence in France, Benelux and Monaco. Investors increasingly seek access to specialist strategies, alternative solutions, and the highest-quality investment talent which are all areas where GAM has a distinctive proposition. I look forward to building this exciting business and working closely with professional clients across the region to help them with their investment needs.”   

    “France, Benelux and Monaco are strategically important for GAM, and Karim brings the experience, credibility and insight to help us build lasting relationships in the region,” said Rossen Djounov, GAM’s Global Head of Client Solutions. “His appointment reflects our belief in local expertise supported by global resources.” 

    GAM is a specialist asset manager focused on Specialist Active, Alternatives and Wealth Management, including high-conviction equity, multi-asset and fixed income strategies. Its capabilities span hedge funds, alternative credit, insurance-linked securities (ILS) and private markets, delivered through in-house expertise and high-quality partnerships with some of the world’s most respected investment teams. 

    Through this model, GAM connects professional investors to differentiated sources of return and specialist insights, offering a platform that is both future-ready and aligned with evolving portfolio needs. 

    To connect with Karim Carmoun regarding GAM’s plans in the region, please contact: 

    Karim Carmoun
    Managing Director
    Head of France, Benelux and Monaco
    Karim.Carmoun@gam.com

    Media Relations:
    Colin Bennett
    T +44 (0) 20 73 938 544        
    colin.bennett@gam.com
    Visit us: www.gam.com
    Follow us: X and LinkedIn  

    About GAM
    GAM Investments is a highly scalable global investment platform with strong global distribution capabilities focusing on three core areas, Specialist Active Investing, Alternative Investing and Wealth Management, that is listed in Switzerland. It delivers distinctive and differentiated investment solutions across its Investment and Wealth Management businesses. Its purpose is to protect and enhance clients’ financial future. It attracts and empowers brightest minds to provide investment leadership, innovation and a positive impact on society and the environment. Total assets under management were CHF 16.3 billion as of 31 December 2024. GAM Investments has global distribution with offices in 14 countries and is geographically diverse with clients in almost every continent. Headquartered in Zurich, GAM Investments was founded in 1983, and its registered office is at Hardstrasse 201 Zurich, 8005 Switzerland. For more information about GAM Investments, please visit www.gam.com.

    Other Important Information

    This release contains or may contain statements that constitute forward-looking statements. Words such as “anticipate”, “believe”, “expect”, “estimate”, “aim”, “project”, “forecast”, “risk”, “likely”, “intend”, “outlook”, “should”, “could”, “would”, “may”, “might”, “will”, “continue”, “plan”, “probability”, “indicative”, “seek”, “target”, “plan” and other similar expressions are intended to or may identify forward-looking statements.

    Any such statements in this release speak only as of the date hereof and are based on assumptions and contingencies subject to change without notice, as are statements about market and industry trends, projections, guidance, and estimates. Any forward-looking statements in this release are not indications, guarantees, assurances or predictions of future performance and involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of the person making such statements, its affiliates and its and their directors, officers, employees, agents and advisors and may involve significant elements of subjective judgement and assumptions as to future events which may or may not be correct and may cause actual results to differ materially from those expressed or implied in any such statements. You are strongly cautioned not to place undue reliance on forward-looking statements and no person accepts or assumes any liability in connection therewith.

    This release is not a financial product or investment advice, a recommendation to acquire, exchange or dispose of securities or accounting, legal or tax advice. It has been prepared without taking into account the objectives, legal, financial or tax situation and needs of individuals. Before making an investment decision, individuals should consider the appropriateness of the information having regard to their own objectives, legal, financial and tax situation and needs and seek legal, tax and other advice as appropriate for their individual needs and jurisdiction.

    Attachments

    The MIL Network –

    July 22, 2025
  • MIL-OSI Africa: Top African and Global Voices in Technology to Speak at Africa Tech Festival 2025

    Source: APO – Report:

    .

    Africa Tech Festival (www.AfricaTechFestival.com), the longest running and most influential tech event on the continent, has announced the first wave of 25 headline speakers for its 2025 edition, bringing together influential voices from global tech, government, and business who are driving the growth and transformation of Africa’s digital economy.

    The 2025 speaker line-up features some of the most influential voices in global technology and African business leadership. Among them is Bernardo Mariano Junior, Assistant Secretary-General and Chief Information Technology Officer at the United Nations, who brings a global governance perspective to digital development. Mark Elliott, President for Africa at Mastercard, will offer insights into advancing inclusive finance across the continent. Representing the frontier of artificial intelligence, Emmanuel Lubanzadio, Senior Director and Head of Africa at OpenAI, will contribute to conversations around AI adoption and policy readiness in African markets.

    Also speaking is Odunayo Eweniyi, a prominent tech entrepreneur and investor, serving as Co-Founder and Chief Operating Officer of PiggyVest and General Partner at First Capital, who will share perspectives on fintech growth and funding in Africa. From the telecoms and enterprise space, Tumi Chamayou, Chief Enterprise Business Officer at MTN South Africa, and Ravi Bhat, Chief Technology and Solutions Officer at Microsoft Africa, will explore enterprise innovation and the role of strategic partnerships in enabling digital infrastructure.

    They will be joined by senior decision-makers from across the public and private sectors, including technology and strategy executives from African Bank, Transnet, Cell C, Telkom, the Department of Public Service and Administration of South Africa, and Hewlett Packard Enterprise. Together, these leaders represent a broad spectrum of industries and expertise, united by a common goal: to drive forward Africa’s digital transformation.

    Africa Tech Festival 2025 will be held in Cape Town from 11 to 13 November. The conference will feature a structured programme built around four core tracks: AfricaCom, AfricaTech, AfricaIgnite, and The AI Summit Cape Town. Each track is designed to address key areas of technological advancement and policy development across the continent. This year’s agenda is also framed by four central themes: Responsible Innovation, Inclusive Investment, Connectivity for Development, and Policy Harmonisation. These themes reflect the Festival’s commitment to providing a platform for examining the challenges and opportunities shaping Africa’s digital economy.

    “We’re excited to share a speaker roster that truly represents the diversity of experience shaping Africa’s tech future,” said Kadi Diallo, Portfolio Manager for Africa Tech Festival. “These are individuals who are actively working to improve systems, close gaps, and build digital infrastructure that works for everyone.”

    “This year, you’ll also notice a bold new look and feel as we unveil our refreshed branding. It marks the start of a new era for the Africa Tech Festival—one that reflects the scale, ambition, and innovation of the continent’s thriving tech ecosystem.”

    Following the success of 2024, Africa Tech Festival will continue to provide in-depth discussions on national digital strategies, economic growth, infrastructure, and public-private collaboration. Although a formal partnership with the Department of Communications and Digital Technologies (DCDT) is still under consideration, last year’s engagement with senior government officials led to meaningful policy dialogue. Now in its third decade, the Festival remains a key platform for shaping Africa’s digital transformation through informed debate, investment, and strategic partnerships.

    Further programme details and additional speakers will be announced in the weeks ahead.

    Registration for Africa Tech Festival 2025 is now open and can be completed via the official portal here (https://apo-opa.co/450ROWS).

    – on behalf of Africa Tech Festival.

    About Africa Tech Festival:   
    Now in its 28th edition, Africa Tech Festival 2025 will take place from 11 to 13 November 2025 at the Cape Town International Convention Centre (CTICC), bringing together over 15,000 technology leaders, policymakers, investors, startups, and visionaries. The festival encompasses four anchor events:

    • AfricaCom – The continent’s largest telecoms and connectivity event
    • AfricaTech – The hub for technology, innovation, and enterprise growth
    • AfricaIgnite – Driving growth and impact in Africa’s startup ecosystem
    • The AI Summit Cape Town – Where commercial AI comes to life
       

    With over 500 speakers, 300 exhibitors, and multiple networking opportunities, Africa Tech Festival remains the largest and most influential tech event on the continent.

    MIL OSI Africa –

    July 22, 2025
  • MIL-OSI Africa: Discharge application dismissed in State Capture linked case

    Source: Government of South Africa

    Tuesday, July 22, 2025

    The Johannesburg High Court has dismissed an application for a discharge brought by the accused in a high-profile State Capture corruption case linked to the rehabilitation of mines.

    The accused include former Department of Mineral Resources (DMR) Deputy Director-General Joel Raphela, as well as Ronica Ragavan, Pushpaveni Govender, and entities linked to the Gupta family’s Optimum Coal Mine, Koornfontein Mines, and Tegeta Exploration and Resources.

    In the main case, they are facing a raft of charges including fraud, forgery, uttering, perjury and money laundering related to R107.5 million rehabilitation funds meant for the Optimum Coal Mine and Koornfontein Mine trust accounts in 2016.
    Their application for a discharge was brought in terms of Section 174 of the Criminal Procedure Act.

    “The court also ruled in favour of the National Prosecuting Authority’s Investigating Directorate Against Corruption [IDAC], granting leave to amend the indictment on certain charges against the accused. 

    “This development follows the closure of the State’s case. The defence’s application was brought thereafter,” IDAC spokesperson, Henry Mamothame said in a statement on Monday.

    The case will resume in court on 25 May 2026 and is set down until 12 June 2026, “during which period the defence is expected to call its witnesses”.

    The accused have pleaded not guilty. – SAnews.gov.za

    Share this post:

    MIL OSI Africa –

    July 22, 2025
  • MIL-OSI Europe: July 2025 euro area bank lending survey

    Source: European Central Bank

    22 July 2025

    • Credit standards for firm loans remained broadly unchanged
    • Credit standards tightened slightly for housing loans and more markedly for consumer credit
    • Housing loan demand continued to increase strongly, while demand for firm loans remained weak

    According to the July 2025 bank lending survey (BLS), euro area banks reported broadly unchanged credit standards – banks’ internal guidelines or loan approval criteria – for loans or credit lines to enterprises in the second quarter of 2025 (net percentage of banks of -1%; Chart 1). Banks also reported a slight net tightening of credit standards for loans to households for house purchase (net percentage of 2%) and a more pronounced net tightening for consumer credit and other lending to households (net percentage of 11%). For credit standards on loans to firms, the net percentage was smaller than banks had expected in the previous survey (a net tightening of 5%) and follows the small net tightening in credit standards seen in the first quarter (3%). Perceived risks related to the economic outlook continued to contribute to a tightening of credit standards, whereas competition had an easing impact. For the most part, banks reported no specific additional tightening impact on their credit standards related to geopolitical uncertainty and trade tensions, although they intensified their monitoring of the most exposed sectors and firms. For loans to households for house purchase, the net tightening followed the easing of credit standards seen in the first quarter (-7%) but was lower than banks anticipated (7%). For both housing loans and consumer credit, changes in risk perceptions and the risk tolerance of banks were the main drivers of the net tightening of credit standards. For the third quarter of 2025, banks expect credit standards to remain unchanged for firms (0%), ease slightly for housing loans (-3%) and tighten further for consumer credit (4%).

    Banks’ overall terms and conditions – the actual terms and conditions agreed in loan contracts – eased for loans to firms, remained unchanged for housing loans and tightened for consumer credit.

    In the second quarter of 2025, euro area banks reported a slight net increase in demand for loans or credit lines to firms (Chart 2), with demand remaining weak overall. This followed a small net decrease in loan demand in the previous quarter (-3%) and was broadly in line with banks’ expectations in that quarter (4%). Loan demand was supported by declining interest rates, but dampened by global uncertainty and trade tensions, while the impact of fixed investment and inventories and working capital was neutral. Demand for housing loans continued to increase substantially in net terms. Declining interest rates, improved housing market prospects and, to a lesser extent, consumer confidence, were the main drivers of the continued increase in housing loan demand. Demand for consumer credit and other lending to households increased only slightly, with declining interest rates and other factors offsetting negative contributions from lower consumer confidence and spending on durable goods. In the third quarter of 2025, banks expect a net increase in loan demand from firms (net percentage of 7%), a further substantial net increase for housing loans (net percentage of 21%) and broadly unchanged demand for consumer credit (1%).

    Euro area banks’ access to retail and wholesale funding improved slightly in the second quarter of 2025, driven by short-term retail funding, money markets and debt securities, and remained broadly unchanged for securitisations. Over the next three months, banks expect access to these funding sources to remain broadly unchanged.

    Euro area banks reported that non-performing loan (NPL) ratios and other credit quality indicators had a net tightening impact on their credit standards across all loan categories, as well as a net tightening impact on terms and conditions for loans to firms and consumer credit. Banks expect these trends to continue in the third quarter for loans to firms and consumer credit, driven mostly by pressures related to supervisory or regulatory requirements.

    Changes in credit standards and loan demand were heterogeneous across the main economic sectors in the first half of 2025. Credit standards tightened in commercial real estate (CRE), manufacturing, wholesale and retail trade and, to a lesser extent, in construction, while they eased slightly across most services (excluding financial services and real estate) and in residential real estate (RRE). Banks reported a net decrease in loan demand for construction, manufacturing, CRE and wholesale and retail trade, and net increases in RRE and in the transport, accommodation and food services sectors. For the second half of 2025, in most of the main economic sectors, banks expect either broadly unchanged or easier credit standards and overall small changes in loan demand. The exception is RRE, for which banks expect a further moderate increase.

    Banks continue to take firms’ climate performance into consideration in their lending policies, reporting an easing impact on credit standards and terms and conditions for green firms and firms in transition and a tightening impact for high-emitting firms over the past twelve months. Both physical risk and firms’ transition risk had a moderate net tightening impact on banks’ lending policies, while climate-related fiscal support continued to have an easing impact. Banks also reported a net increase in demand for loans to green firms and firms in transition owing to climate change, while uncertainty over future climate regulation was perceived as an obstacle. Banks expect a similar impact overall over the next twelve months.

    Based on a new question on the impact of climate change on housing loans, banks reported an easing impact on credit standards for buildings with high energy performance and a tightening impact for buildings with low energy performance over the past twelve months. They expect a broadly corresponding impact over the next twelve months. As the easing impact for new buildings mostly offset the tightening impact for old buildings, the net impact of energy performance was low overall. The physical risk of real estate was, however, an important driver of further net tightening in lending conditions overall, and an even higher net percentage of banks reported that it will be a driver over the next year. Banks also reported a positive impact on loan demand for buildings with high and medium energy performance but a negative impact for those with low energy performance. Investment in energy performance was the key factor for climate-related loan demand, supported by preferential lending rates for increasing sustainability, whereas uncertainty over future climate regulation was reported as a dampening factor for loan demand.

    Banks indicated that changes in excess liquidity held with the Eurosystem in the first half of 2025 had a neutral impact on bank lending conditions. They expect to see similar effects in the second half of 2025.

    The quarterly BLS was developed by the Eurosystem to improve its understanding of bank lending behaviour in the euro area. The results reported in the July 2025 survey relate to changes observed in the second quarter of 2025 and changes expected in the third quarter of 2025, unless otherwise indicated. The July 2025 survey round was conducted between 13 June and 1 July 2025. A total of 155 banks were surveyed in this round, with a response rate of 100%.

    Chart 1

    Changes in credit standards for loans or credit lines to enterprises, and contributing factors

    (net percentages of banks reporting a tightening of credit standards, and contributing factors)

    Source: ECB (BLS).

    Notes: Net percentages are defined as the difference between the sum of the percentages of banks responding “tightened considerably” and “tightened somewhat” and the sum of the percentages of banks responding “eased somewhat” and “eased considerably”. The net percentages for “Other factors” refer to an average of the further factors which were mentioned by banks as having contributed to changes in credit standards. Data are for the euro area and for the largest four euro area countries.

    Chart 2

    Changes in demand for loans or credit lines to enterprises, and contributing factors

    (net percentages of banks reporting an increase in demand, and contributing factors)

    Source: ECB (BLS).

    Notes: Net percentages for the questions on demand for loans are defined as the difference between the sum of the percentages of banks responding “increased considerably” and “increased somewhat” and the sum of the percentages of banks responding “decreased somewhat” and “decreased considerably”. The net percentages for “Other factors” refer to an average of the further factors which were mentioned by banks as having contributed to changes in loan demand. Data are for the euro area and for the largest four euro area countries.

    For media queries, please contact William Lelieveldt, tel.: +49 170 227 9090.

    Notes

    • A report on this survey round is available on the ECB’s website, along with a copy of the questionnaire, a glossary of BLS terms and a BLS user guide with information on the BLS series keys.
    • The euro area and national data series are available on the ECB’s website via the ECB Data Portal. National results, as published by the respective national central banks, can be obtained via the ECB’s website.
    • For more detailed information on the BLS, see Köhler-Ulbrich, P., Dimou, M., Ferrante, L. and Parle, C., “Happy anniversary, BLS – 20 years of the euro area bank lending survey”, Economic Bulletin, Issue 7, ECB, 2023, and Huennekes, F. and Köhler-Ulbrich, P., “What information does the euro area bank lending survey provide on future loan developments?”, Economic Bulletin, Issue 8, ECB, 2022.

    MIL OSI Europe News –

    July 22, 2025
  • MIL-OSI Australia: Police seek public assistance for investigation into online prescriptions

    Source: New South Wales Community and Justice

    Police seek public assistance for investigation into online prescriptions

    Tuesday, 22 July 2025 – 3:00 pm.

    Investigators from Tasmania Police are appealing for public assistance as part of an ongoing investigation into alleged fraudulent online prescriptions.
    Detective Inspector Michelle Elmer said police are seeking to speak with anyone who has sought or obtained prescriptions through the website athleteswarehouse.com.au.
    “We believe members of the community may have interacted with this website in good faith,” she said.
    “Now is the time to come forward and assist police with critical information that may support the investigation.”
    “Those people who have used the website, or who may have knowledge of its operations, are urged to contact us.”
    Anyone with information should call Tasmania Police’s Western Criminal Investigation Branch on 131 444 and quote OR774910.
    Information can also be provided anonymously to Crime Stoppers on 1800 333 000 or online at crimestopperstas.com.au

    MIL OSI News –

    July 22, 2025
  • MIL-OSI: Bispecific Antibodies Market Set to Surge to $163.15 Billion by 2032, Driven by a Robust 40.1% CAGR | Roche, Amgen, and Johnson & Johnson at the Forefront: AnalystView Market Insights

    Source: GlobeNewswire (MIL-OSI)

    San Francisco, USA, July 22, 2025 (GLOBE NEWSWIRE) — The global bispecific antibodies market is witnessing a transformative surge, projected to grow at an impressive compound annual growth rate (CAGR) of 40.10%, reaching a valuation of approximately USD 163,149.35 million by 2032. This extraordinary growth is propelled by the increasing adoption of bispecific antibody therapies in oncology and immunology, groundbreaking clinical outcomes, and robust R&D investments aimed at next-generation biologics.

    Bispecific antibodies are bioengineered molecules designed to simultaneously recognize and bind to two different antigens or epitopes. Unlike monoclonal antibodies that target a single antigen, bispecific antibodies can link a disease-related antigen (such as one found on cancer cells) to another molecule—often a T-cell—thus redirecting immune cells to attack malignant tissues with heightened precision. This dual-binding capability is unlocking new therapeutic possibilities in cancer, autoimmune diseases, and infectious diseases. As of 2024, over 300 bispecific antibodies are in global clinical development, with 14 already approved by the U.S. FDA, reflecting the sector’s rapid growth and clinical validation.

    Download Free Sample Report PDF @  https://www.analystviewmarketinsights.com/request_sample/AV4090 

    Global Bispecific Antibodies Market Key Players- Detailed Competitive Insights

    • Amgen
    • Genentech
    • Akeso, Inc.
    • Taisho Pharmaceutical
    • Janssen
    • Immunocore
    • Adimab, Innovent Biologics, Inc.
    • AstraZeneca
    • Affimed GmbH
    • Xencor
    • F. Hoffmann-La Roche Ltd.
    • Sanofi
    • Regeneron Pharmaceuticals Inc.
    • Pieris Pharmaceuticals, Inc.
    • Eli Lilly
    • Mereo BioPharma Group plc
    • Merus
    • MacroGenics, Inc.
    • Sobi, TG Therapeutics Inc.
    • Genmab A/S
    • Alteogen
    • Emergent BioSolutions Inc.
    • Novartis AG
    • Astellas Pharma Inc.
    • Celgene Corporation
    • Others

    Market Drivers

    1. Increasing Cancer Prevalence Globally
    Cancer remains a global health crisis, with the World Health Organization (WHO) estimating around 19.3 million new cancer cases and nearly 10 million deaths in 2023 alone. Traditional therapies are often limited by poor specificity and severe side effects, which have shifted the focus toward more targeted modalities, such as bispecific antibodies. Their unique mechanism allows precise tumor targeting while preserving healthy tissues, making them a preferred choice for next-gen cancer therapies.

    2. Regulatory Approvals and Accelerated Development Pathways
    The U.S. Food and Drug Administration (FDA) and the European Medicines Agency (EMA) have actively supported innovative antibody therapeutics. Between 2022 and 2024, the FDA approved six bispecific antibodies, a testament to their growing clinical value. Regulatory agencies are also introducing expedited pathways for breakthrough therapies, speeding up market entry for promising candidates.

    3. Rising Investments in Immunotherapy and Biologics
    Governments and private players are significantly boosting funding for immunotherapy research. For instance, the U.S. National Cancer Institute (NCI) allocated over USD 15 billion toward cancer research in 2023, a portion of which is directed toward the development of targeted therapies, including bispecific antibodies. This capital influx is catalyzing clinical trials, molecule discovery, and scalable manufacturing solutions.

    Market Challenges

    Despite the optimistic trajectory, the bispecific antibodies market faces notable challenges:

    • Complex Manufacturing: Producing bispecific antibodies involves intricate processes, such as protein folding and stability optimization, which increase production time and cost.
    • High Development Costs: The R&D cycle for bispecific therapies is long and resource-intensive, often requiring large-scale trials and advanced biotechnological platforms.
    • Immunogenicity Risks: Some bispecific formats can trigger unwanted immune responses, complicating their clinical profiles.

    Nonetheless, advances in antibody engineering, such as the development of Fc-engineered antibodies and T-cell engaging bispecifics (BiTEs), are helping overcome these limitations.

    Regional Insights

    North America is poised to maintain a dominant position in the global bispecific antibodies market. Its leadership is driven by:

    • A well-established biotech and pharma industry.
    • Substantial government and private R&D investments.
    • Early and streamlined regulatory approvals.

    In 2023 alone, the U.S. government dedicated nearly USD 7.9 billion toward cancer research, a portion of which supports novel antibody-based treatments. Moreover, the presence of major biopharmaceutical companies and academic research centers ensures rapid clinical development.

    Asia-Pacific, on the other hand, is anticipated to experience the fastest growth rate. Countries such as China, India, and South Korea are:

    • Increasing healthcare expenditures.
    • Encouraging local biotech innovation.
    • Expanding access to clinical trials and biologic therapies.

    China, for example, is investing heavily in biologics manufacturing capabilities and has introduced supportive regulations for fast-track drug approval, which will likely make the region a future hub for bispecific antibody development.

    TABLE OF CONTENT

    1. Bispecific Antibodies Market Overview
    1.1. Study Scope
    1.2. Market Estimation Years
    2. Executive Summary
    2.1. Market Snippet
    2.1.1. Bispecific Antibodies Market Snippet by Drug Type
    2.1.2. Bispecific Antibodies Market Snippet by Indication
    2.1.3. Bispecific Antibodies Market Snippet by Distribution Channel
    2.1.4. Bispecific Antibodies Market Snippet by Country
    2.1.5. Bispecific Antibodies Market Snippet by Region
    2.2. Competitive Insights
    3. Bispecific Antibodies Key Market Trends
    3.1. Bispecific Antibodies Market Drivers
    3.1.1. Impact Analysis of Market Drivers
    3.2. Bispecific Antibodies Market Restraints
    3.2.1. Impact Analysis of Market Restraints
    3.3. Bispecific Antibodies Market Opportunities
    3.4. Bispecific Antibodies Market Future Trends……

    Get a detailed analysis on regions, market segments, customer landscape, and companies@ https://www.analystviewmarketinsights.com/reports/report-highlight-bispecific-antibodies-market

    Market Segmentation by Indication

    The bispecific antibodies market is segmented by application into:

    • Cancer
    • Autoimmune and Inflammatory Disorders
    • Others

    Among these, the oncology segment is forecasted to command the largest share throughout the forecast period. As of March 2025, over 650 bispecific antibodies are in clinical development globally—nearly all focused on oncology applications, and nine of the 11 bispecifics approved since 2021 target cancer, representing over 80% of recent regulatory approvals.

    Competitive Landscape & Innovation Strategies

    The bispecific antibody space is rapidly evolving with heightened competition among biotech giants and emerging players. Leading companies are prioritizing:

    • Next-generation platforms for greater safety, flexibility, and efficacy.
    • Strategic collaborations and licensing deals to expand pipeline access.
    • Geographic expansion into emerging economies with rising healthcare demands.

    Biotech firms are utilizing AI-driven drug discovery, cell-line optimization, and novel bispecific formats (like dual-variable domain antibodies and knob-into-hole technologies) to advance their products. Some players are also entering into co-development agreements to reduce costs and accelerate regulatory milestones.

    Future Outlook

    The bispecific antibodies market is positioned at the forefront of immunotherapeutic innovation. With strong clinical potential, increasing funding, and a favorable regulatory climate, the sector is expected to witness substantial growth through 2032. As manufacturing bottlenecks are resolved and newer formats with improved safety emerge, bispecific antibodies will likely become standard components of combination therapies in oncology and immune-related disorders.

    In conclusion, the bispecific antibodies market offers immense opportunities for stakeholders across biotechnology, healthcare, and investment sectors. Its rapid evolution signals a paradigm shift in how complex diseases are treated, ushering in a new era of precision medicine.

    Browse more Reports from AnalystView Market Insights:

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    The MIL Network –

    July 22, 2025
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